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<br /> �� condeiun�tion or whcr toking of any pun of the Propnrty,or for canveyuncc in licu of condemnu�ion,urc hereby aw++i�ncd axl
<br /> �iwll be paid to 4cnder.
<br /> In the even� of u �aul �uking oi thc Pmperty, the praceed�c rhall bc applicd la ihc tiumx hccurcd by Ihix Security
<br /> Instrumcnl,whether ur nrn thcn duc,with vny excess paid ta Borrower. In thc event uf u p;�niul taking af thc F'mprny in
<br /> which the iuir murket vuluc uf'the Pniperty immediutcly heiorc thc�aking fx cqual w or gmnlcr thun thc wnuunt of the sums
<br /> Recurcd by�hix S�curity Instrumenl immedlatcly beforc�he taking,unlesx Barraw•cr und l.cndcr ulhcrvviw ugrec in w�i�ing,
<br /> - --- - tt►� sumH securcd by thix Srrurity In4lrumant shall be reduced by the umouot of the pnxeedy multiplied by�he fulluwing
<br /> ------ frnction: la)�he totnl nmuunt uf ti►e,umw eccurcd lmmcdiutely beforc ihe tul:ing,dirfded by(b)the fuir markcl vulue ol'�he �__
<br /> Propeny immediutely befare 1he tukinR. Any bAlunce xhull be pnid tu Borrower. In the cvent af u purlial taking of the
<br /> Pro�ny in which the fair rrmrkot vAlue of ihe Praperty immedi�tely befi�re Ihe tuking is lew,thun�ix: amaunt of the sums
<br /> -_ " �ured immediately before ihe taking, unless Borrower und Lcndc�otherwi.c agree in writing or unletis upplicublc luw
<br /> .�,-��i othenvi4e pravideR,the procecds fihall be applied to the sumw secured by this Security Insuumrn�whether ar nw[he sumx are
<br /> .�7��� thsn due.
<br /> If the Praperty is abandoned by 8orrower,ar iC,after notice by Lender to Borrower tiwt the cc►ndemnor uffen:to make
<br /> �°� ?==_,;,g� nn:►ward or settle u clAim for damages,Barrawer FAils to re,pond ta Lendcr within 30 dnys ufter the datc thc m►tice ix given, __
<br /> - �;�;-;;�".� Lender ig authorized to callect und apply the proceedw,ut its option,either tc►restorution or repuir of the Propetly or la the
<br /> —_ � sum.v�ecured by this Security Ingtn�ment,whclher ar not then duc. _
<br /> " -�"�' Unles.r• Lender anJ Borrower othcrwise uRree in wdtiog.any upplicatiun af pracee�i�to prinrip:►I.hull not extend ar __
<br /> -- postpone the due dnte of the momhly payments refeRed to in paragruphs 1 and 2 or change the umuunt uf such p��•ments,
<br /> .-.:
<br /> ----••-�� -P� 11. Bonower NM Releasedt Forbearence By Lender Not a WAiver. Extcnsiun uf the time far puyment or
<br /> _-�� madification oi amartization of the sums secured by this Security Instn�ment�runted by l.ender�o uny wccessur in interes� �
<br /> _ _ _ , �f Borrower�hall not operute to relense tf+e liability of the original Sa�rower or Bormwer?�successors m interexl. Lendrr �
<br /> - �r.r�y�=�'-�� shc►II not be required to commence proceedings ngainst a�y successor in interest or refuse to extend �ime for ��uyntent or
<br /> y� =�=";�""�'��. atherwfc;e modify amortizution of�he sums secured by this S�euriry In+trument by rea.�on of uny demund mude by the originnl �
<br /> �.,i�6�' Borrower or Harmwer's successors in intercst. Any fofieurunce by Lender in exercising Any righ�or remedy shall na bc u
<br /> -----' -=-=-;" � waiver of or prcclude the exercise of nny right or remedy.
<br /> ��:..Y. :
<br /> ',.. lt. Succe�sors and Asslgns Boundi Jolnt And 3everal I.i�bUity;Casigners. '1'hc covenams und ugreemenls of this
<br /> __ - =--- Security lnstrument shall bjnd And benefit ihe succecson und atisigns of Lender und Borrower,subjec�to the provisiom of
<br /> `" - ��"-'"," parogmph 17.Borrower's covens+nls and agreements shall l�joint und sever�l. Any Boaower who co•sign� this Security
<br /> �`�;',�;�.t.•.. � Instrument but dces not execute tbe Note: (u)is co-�igning this Security In�trument only to mungage,grunt and convey thot
<br /> -- _:_,;,,,_=z: ! Borrower�interest in the Propeny under the termr�of'this Securily Instrument; Ib)is nat pers�►nully o61iguted to puy the yums
<br /> - -'--'. i secured by this Security Instrument;and(c)agrees thc+t Lender and uny ather Bormwer muy ugree to ex�end,modify,forbear
<br /> __ '-'_-��-�,,,' � or make any accommadmiona with rcgu►d to Ihe term� of'this Security Inswment or the Note without �hc�t Bomnwer�
<br /> ==-�.; ..., consent.
<br /> .��
<br />--- ! ��. __ - !3. Losst Cltarges. !f Q�e loa.n serured hy �hi� Security Instrument is suhwct to u law which�cts muximum loan
<br /> °�`'��:-r...,o •., cha�ges.ond that law is finally interpreted xo that the incerest or other loan charges callected or ta be collected in connection
<br /> 'f'l�lll:.yl")�,�„"
<br /> �•«.,,:,••.;,;.t� � with the loun excced the permitted limi�s,then: (u)uny such loan charge shall be reduced 6y the urnount necessury to re uce
<br /> =�`��'•�'';�ijk{4�' �� the churgc�o the permitted limit;und(b)uny sums ulread�•collected from Borrow�r which exceeded permitted limits will be
<br /> .�—=�-'�,�i:', .pf` !,
<br /> • �-�.r ry , , refunded to B�rrower. Lender muy choose to make this mi'und by�educing�he principul owed under Ihe Nate or by making u
<br /> -��,�y;�. � direi:t pnyment to Borrower. If a refund reduces principal.�he reduction will be treu�ed us u purtiul prepayment without any
<br /> -- .. prepayment chur�e under the Note.
<br /> 14. Notices. Any notice to Borrower pmvided far in this Securi�y Instrument +hull t�e given by delivering it or by
<br /> � •� ` mailing it by 6rst cluss muil unless upplicable luw requireti use of anothcr method.The notice+hall be directed to Ihe Prop►:ny
<br /> ,�� �__ Address or uny o►her uddress Burcower desi�nates by notice to Lender. Any nWice to LenJer xhull tx given by finl cluss
<br /> :.��'.`�"`Pt"'+""�-� mnil to Lendcr�addrcss+tu�ed herein or any other addre,�Lender de.i�!nutes by no�ice�o Bortower. Any notic�provided t'or
<br /> �„��� ,,���:.
<br /> � ��, ,•1�,,� in this Secudly Instrument sh�dl Ix decmed to huve bcen given to Borrower or L�nder when given ns pruvided in this
<br /> �;���. �: .Y. paragrnph.
<br />��! ��:y'�•' l5. Governing I.uw; Severability. This Security Inxtrument tihull tx govemed hy federul law und Ihc luw of the
<br />-�a�: '�"� jurisdiction in which the Property is IacuteJ. In�he event thut vny pnwi.ion ar rluuxe of�hi.Securiry Instrument or the Note
<br /> ��"''�"K�~'� '' '�'� conflicts with n licuble Ivw..ucb conflict yhall not affert uihcr rov i.iuns of thi.Security In+tnrment ar the Note which can
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<br /> �!�+-Y;�..�`^� :_„�, ' bc given eifect without the conflirting provision. To�hi,end ihe p�rvitiions oY this Sccurity Inslrument and Ihe Nde are
<br /> - declared�o be xeverable.
<br /> =�;_�. l6. Borrower's Copy. Borcowcr shull tx given unc ronfartnrd ropy of ihr Note und i►t'thi�Securiiy Inslrument.
<br /> �-'�� f �� 17. 'll-nnsier of the Property or a Beneficial lnleresl in Borrower. If all or uny p•rn ot'Ihe Property or:my intercxt in
<br /> _ -__r�aY�.r,�. —
<br /> �.ti�; � it is sold or�runsferr�•d Iur if u heneficiul intcre.t in B�►rcowcr i,.u1J ur tramt�md und Bonuwcr iti not n nuturul penan)
<br /> -�.�r��e+- �', without Lender'.s prior writ�en con,ent.LenJer may.a�i��aptiun,Ryuire immedi•r�e puyment in fuU of ull�ums xecured by �:
<br /> `;�_�-`�:�:��� this Security Instrument. However,thix option xhull not tx exerciticd by l.ender if exrrciK ix prohibited by fedeml Inw us of
<br /> - •.�,;.rti�;•,.: :
<br /> _ �_�,;,�;;�,,,;�•f,..,:;..,•��' the date of�his Security Instrumrnt.
<br /> �-'!",,;'.^•'J ;. ,: If Lender exercises thia nption,Lenikr�hall give Bormwer notice oF accelrrr�ion. Thc notice�hall provide a pericxi oP
<br /> �°.aClVt�r.4�,. � .
<br /> ,�,.�-. : not lesx�hun 30 days from thc dute the noticc i�dclivrrcd or mailrJ within whicli Burmwcr mu.t pay�ull xum+xecurcd by t is
<br />-�---- •�- ^ Security Instrument. If Borrower fuil. to pay thesr .um�prior to thc expiroticm i�f Ihi. {►erial. Lciuier may invoke any _
<br />-�.��. ' remedi�n�rmitted by thi�5ecuriry Intilrumcnt withuut funher n��tice�ir demund on Bcttruwrr.
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