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<br /> --_ a►ndemnWion�u�c►�her�aking at'ony parl oi tl�e Propeny.or for convcyuncc in li�u�i caulemnution.iu�c horeby+uc�+iYned+uW
<br /> �iwll be p�id to Lender.
<br /> -° In Ihe event ol'a totul ivicing of the PiupcAy,Ilu;pnKeedx xhull !x: ur►plied w tix �umw Mwund by this� Security
<br /> _�� In�trumem, whcthcr�nut thcn due,wi�h uny exre•.pLid�c►Bnrn�wcr. In�hc cvrnt of a�+:�niul lukin�t ot��hc Pmpeny in
<br /> _�ffi„�: which Ihe fnir markat volue of thr Pmpeny imm��Jialcly hefi�n�hr I�ing i.eNuul to urµrcalcr�han�hr w�x►unt i�f�he r.um�
<br /> �,ecurcd by th(s Sei.uri�y In�rument immediAtcly befbrc Ihe tuking,unle.ti BoRawcr anJ l.endcr o�herwi�e+�gree io wri�inR•
<br /> - - _-�4_� thc suma s�tiured by �hf�.Securi�y inti�n�menl.hall ik reJured by�ha um�►unt�►f ihe pr�xced.multiplird by the fullnwing r
<br /> fr�c�iom la)d�e lu�ul wiwunt uf ttM:bums kcuRJ immediutcly bcforc the takfng,dividcd by lbl Ihr fnfr murket valuc oP ihe
<br /> - Propctty immediutcly beforc �he taking. Any t+alun�r *hall F+c paid lo Sarrower. In tlu cvco��f•r p•rniul �uktng af'thc
<br /> _, Propeny in which the f�ir marice� vulue of the Pn►{x:ny imnxdiatcly Ix:fun the taking i,ks+�h�u� Ihe uin�►unt of the xumx �
<br /> secured immediutely befom�tw wking. unlcs.r Borruwcr unJ Lcndcr ahenvi,e agrce fn wriling ��r unley� upplirable luw
<br /> - othNrvvise providea,the prncecdc.hall be applkd�o thr�um��ut�i by thi�;Srcurity Inxt�ument whethcr or not Ihe sumK+ur
<br />- ���•� then due. �
<br /> ��__ .,�,�,� If the Property is ahundoned by Barrawer,or if,niirr nuiice by Lrnder to Burrowcr�hut the condemnur uffcn�o moke �
<br /> - on uwerd or setde a claim for dumugcw.Borruwrr fail,w retipi�nd w Lendcr withiR�0 day�atier th�dulc Ihc notire is given.
<br /> —�,—,� Lender ia authorized to callect�nd upply Ihe procee�s. at i�ti uptiun,rither w restorrtion or repair of Ihe Property or to U�e __
<br /> —_ __- �uma securcd by thia Secu��y Instnunent,whe�her ar not Ihen dun.
<br /> - '--�'���.� Unless Lender and Borrower aherwi�aRrre in wri�ing,any applicutiuii uf pruc�dh to prinripal+hull not extend or �---.
<br /> --°� postpana Ihe due dute of�ha monthly payments referred to in parographn 1 and 2 or chungr�he amoum of such paymentti.
<br /> �"�""=�� Il. Borrower Not Reknsed: Forbearance By Lender Not a Waiver. Extensinn af' the time for paymcnt or �
<br /> modification of wnortizutim of the sums secuned by this Securiry Inxtniment g�nted by Lende�to any succe+sur in interc�:i __
<br /> _ _�__",.,;_r.�..y�,� of Barrower shull not apemte to rc�a�e tha liubflity of�hc originel Borrower or Borrower'x succeswrr:ti m intereti�.Lender �--
<br /> -�,�;;�;:� shall nw be required to commence proceedin�tn ugaintit uny succeswr in interest or rcfuxe to extend time fur puymr�U ur
<br /> -" aharwise modify amonizaiion of the sums secured by thi�;Security Imtrument by rea�an of any demand mude by�he original �-,,,-,a_
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<br /> __,__:.�.a� • Bortuwer or Borrower's succeswrb in interes�. Any forbeurunce by Lender in exercising an��right or remedy shall not be�
<br /> - . - waiver of ur preclude the exen:ise of uny right or remedy. �-
<br /> ._ �u�._.,��.�� ` It Suacesso�and AsatiQns Bound;Joinl aad Se��ernl Liability;Co-siRnet�s. Thc cuvenunls und agrcemenls of this h-.:
<br /> ��:,�mr�K�o�. Security Innuument shall bind und benefi�the successon su�d u.+�ign�uf l.ender und Bortower.+ubject to the provisionx of Rt;:
<br /> -- � --�•b parogrsph 17. Bortawerk coveoantx und ugreement+shull be joim nnd several. Any Bartower who co-signs thix Security �``y"•_`
<br /> � �'—�"'t�'. ' Insuumetu but dces not execute the Note: la)is co-sig�ing thiw Security In.r•In�ment only tu nwrlguge,gmnt and canvey thut �
<br /> - ° Borrower's interest in the Property under�hc term�of�his Security Instrumenr, Ib)is nW personully obliRated to pay�he tiumr
<br /> f�,,�v ir secur�d by,1his:Security Instrument;:uid(c)ugree�thut I,ender und uny other Borrower may agree to extend,mcxiify.forhenr —_
<br /> "����'�`�'�� or make pny acrnmmoda�ions wi�h rc�urd to thn tertnti af�his Security In�ctrumrnt or Ihe Note withcwt thA� Bomnwe�s
<br />� ��rr�''�:.� ' con�ent: —
<br /> � --'--`��` _— !9. Lsan Clses^ges. If the loan �ecnred hy thi+: Securny Instrument is su6iect to a luw which setti maximum loan
<br /> �''4 :t�`��"'• churgea,und Ihal law is finally interpreted so that the interetit�x ather lo;u�charges calkcled or w be collecled in connection —
<br /> •,s�''� � with tha laan exceed the petmitted limits,then: lul:u►y xuch loan churge shull be rcduced by�he amount neces�ury to reduce
<br /> ' `' , the churge to the permiaed limit:und Ib)any tiums alr�euJy collected from Borrower which exceedrd p�:m�iued limi�s will be .��__
<br />-�"=�s" - �f":��' refunded ta Barrower. I.ender muy choosc to make ihi�refund by reducinR the principal owed under ihe Note or by making a
<br />.;.��� tA_.
<br /> direct paymeot to Barruwer. If u rcfund reduces principrl,the mduction will Ue treated vs u panial pmpayment wi�hout any -:
<br />'__�.'�� Y prepayment chnrge under thc Nme. �.�
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<br />� " •�,.� . l4. Notices. Any notice to Bomower provideJ for in Ihi.Security In�trument sholl be given by Jclivering it or by �,.•
<br />:_;��, '' �_� mailing i�by�rs1 cluss mail unle.,applicable luw reyuin�utie of anwher molhod.The naice shull be direc�ed to the Pn►perty !_
<br />_�- '"" �• Addrexs or any other addrexti Borrower designatar�by nnlicr�o[.endec Any nntice to Lender xhall b�given by fint cluss °
<br /> lp" ,,,.., _ "' muil to Lender;uddrexs stutcd hcrein ar uny other uJdnsns Lender Jesignuta�;by natire to Rorrower. Any nutice qrovided for h;'
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<br /> i- in this Sccurity Instrument shall be dccmed to huvc been givcn 10 Borrower or Lender when �iven a� pro�•ided in Ihix _. -
<br />- ' �- . puragmph.
<br /> "'"p": ` l5. Governing Law; Severability. Thi,Security� In+irumant .hall be govcrned by federul luw und �he luw oi the _
<br /> � ,_''.:� � jurisdiction in which the Propeny i,lnc:aed. In�he event�hut rny provixion or cluuxe of�hix 5erurity Inslrument or the Nate -- __
<br /> � +? q: ;•, conflicls willi upplicuble luw,wch conflict shull not afl'cc���iher provixions of thix Security Inztrument or the Vute which can �'-
<br />?'""'- �- _ ^ t�e given effect without the ennflicting pmvi.ion. Tu �hi+end the pmvixions af Ihiti Securi�y Instrument und the Nate are -
<br /> ^""�•'':✓ declare�l to be sevcrable. e`:'-:
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<br /> � �:�,: 16. Borrower's Copy. Bormwcr shul I t+r gi�-cu onc ronfunneJ copy of thc No�r and ot'thi+Sccurity Insnumen�.
<br /> , �.--���. 17. 7lrpnsfer of the Property ur a Bencficiul Interext in Borrowcr. If ull or uny pan ot'�hr Pro�:rty or uny interest in �;k
<br /> � '�;!�= °�. it ic sold or Irunsfcrred(cx iP n bcneficiul intcn�t in Burrowcr iz sold ur Iran+fcrreJ unJ Bormwcr is not u nalurnl penon)
<br /> � r�•;��� wilhout Lrnder's priar written rnn+ent.Lendrr muy,at i�.option.rryuire immediatr p•ryment in full of all sums secured by
<br /> �. '�� � this Securit Instn�ment. Howcver,this tion ahull nnt Ix exrrciseJ by Lrnder if'cxerei+e ix prohibited by iederal Inw�.y of ��
<br /> �';..� ' " thc dutc of his Security Instrumcm. � �r�r�:
<br /> . �'�-'. 41�,�i• If'Lender exercises�hix o uon.Lendr�shnll rve Bom�w•cr noticr uF accel�raliun. TM:nolice shull prnvidr a period af -
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<br /> .,,. . '�a'•:x,�,�� not less thun 30 duys t'rom thc dute Ihc aotirc i.dclivrr+�J or mailrJ wi�hin whirh Burrowcr mur►puy all sums urured by�his
<br /> �."��� Security Instrument. If Borrowrr faik to puy Ihck +um� prior ta thc expirrtiun uf thi+ periixt. Lendcr muy im�oke any
<br /> ,:�` .. remediex pcm�ilteJ by lhi�Sccuriry Inxtnimcnt withuut lunhrr niNicc ur Jcmand on Borru��rr.
<br /> t'r,:e. " .� 18. Norrower'.r• R9ght to Reiastute. (C Burro�vcr mech crnain rundiii�m.. Rurro�•cr+hall hav� Ihc right to have
<br /> ° �Et''����" • enforcement ut'd�i�Securiry Imtrumrnt di.cuntinued ut any timr priur In thr earlicr nl: lal S duy�I��r wch ulhcr prrial u.
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