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<br /> candemnalion or otlKr t�kia�of any prt of 1he PropeRY.ar far canveyance ia lieu of condara�otlon.ore h�ereby a�i�ned�nd
<br /> du�ll be pdd to Lender.
<br /> In tho cveot of� twal t�king of tho F'mIxKY• �p��ghall be wp�lfed to the suma securcd by�his Socudty
<br /> Insuument,whether or not�due.wlth my ozcess paid to Borrower. In Ihe event of e partial takin�of the P�q�erty in
<br /> which tha f�ir m�at v�lue of tho Prolxrty immediately bofore the taking is equal to or groater thw�the umount of tho sums
<br /> �ocurod by�hia Sacudry Instrument immediotely befaro the taking,unless Borrawer and I.ender otherwise a�ree in writing.
<br /> the sums savred by thia 3xudty Incuument sh�ll be rcduced by the wrwunt of the procads muUiplied by Ih�s following
<br /> -- --- fractian: (n)the total emount of the suma socurcd immediately before�he wking.divided by(b)the fa�r murket valuo of th�e
<br /> � - �__��� Praperty immedietcly befae the taking. My balance �hell be paid to 8ortower. in the event of a pcutial�alcing of the `
<br /> — � Propeny in whtch the fair mwlcet value of the Property immediately before ihe uking is fesa then the amount of�he suma
<br /> = — securcd �mmediAtely 6efore the taking. unless Borrower and Lender atherwisc: agree in writing or unless upp8cahle law
<br /> aherwlse provides.!he pmceedx cha�l be applied to the sums cecurcd by thic Seeurity Insaument wheiher or na tho rurnx ar@
<br /> -------- �hcn due.
<br />-+=�� If the Praperty is abandoned by Borrower,or if.uftcr notice by l.ender to Borrower thnt the condomnor offcrs to make
<br /> - �---- - - - un uwurd or seple n claim for dameges,Barrower fails to respond to Lender within 30 dnys ufter the date the oocice is given,
<br /> �-- Lender is authodud to collect and apply Ihe proceeds.At its option, efther to restoration or rcpair of the 1'roperty or to�he
<br /> -- -- wms secured by this Securlty Insavment,whether or not then due,
<br /> • Unless Lender and Borrower othenvise agme in wdting,uny applicntion of proceeds to principAl shall not extend or
<br /> �_ --- postpone�he due dato of the monthly paymanls nefemed to in parngmptia 1 ond 2 or change thc emount of such payments.
<br /> � 11. Bor�ower Not Relensed; Forbcarance By l.ender Not a Walver. Extension of the timc for payment or
<br /> .��;� modificadon of emortization of the sums securcd by this Secudty InatNment granted by Lender to any Ruccessor in interest
<br /> . �� of Homower shall na operate to release the liebility of the original Borrower or Borrowerk successors in interes�.Lender
<br /> shall not be�+equired Io cummence proceedingF aguinst nny suecessor in interest ar refuse to eztend time for payment or -
<br /> . �yt;;,�;.,.:�°r, othenvlse modify nmorti�.ation of the sums secured by this Securiry Inxuument by reoson of any demund mude by 1he u�igiu..l -
<br /> _�+;' �-x-. Borrower or Barrower�s successors in interest. Any forbearunce by Lender in exercising any nght or remedy shall not be u
<br /> +'`�'';`:'�, waiver of or preclude 1he exercise af any�ight or remcdy.
<br /> "�^�'�'� 12. Succexsors And AssiQna Bound;Joint aad SeverW Liability; Casigners. Thc covenunts und agrcements of this
<br /> ' �:• �+���' Security Instrument shull bind and 6enefit the successors und u.gsign�of I,ender and Borrower,FubJect ta the provisions of
<br /> :. �� •«�•.�:�� paragraph 17. Borrowerk covenants and agreemeMs sholl be Joinl and seve�al. Any Borrower who ca-signs this Security
<br /> ��� _ Inspument but does not exeeute Ihe Note: (a)is ca-signing lhis Security Instrument only to mortguge,grnnt and convey that
<br /> ` � � �`` BorrowBr�s interest in the Property under the terms of this Security Instnrmen�; (b)is nat perronnlly obliga�ed ta puy the sums
<br /> ��' '�"�`�'''� � secured by Ihis Security instrument;end(c)agrees that l.ender und any other Borrower mny agree to extend,modify,forbenr
<br />- .'�'�y �''"r" or meke any accommodatians with regerd to the terms of this Security Instrument or the Nae without that Borrawer's _
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<br /> _ - ..7.'w.. .r.�..... M COIISEIII�
<br /> _ v�_��#'� 13. Loan Char$etq. lf the loan secured by �hix Securiry Inxtrument is subJect to a luw which sets muximum loan
<br /> �"."'�"''`�'!�"°��� ch ea,and that IAw is flnnlly ime�preted so Ihat[he interest or�ihCr iuu�i ciid��bas coliecicd ar io bc co!lected in conrtection
<br /> .. �. ;:+%'`,r,1r� � "!
<br /> :. •; ,.�,; . with the loan exceed ihe permitted I�mits,then: (n)any such loan charge vhull be reduced by the amount necessury to reduce
<br /> �"•¢_ � �y;•`•��;:;.'�;� Ihe charge to�tic perntitted limih and(b)ony xums olrendy collected from Bomnwer which exceeded permitted limits will be
<br /> j,;..:�,; �,,;,�;�;;�° � refunckd to Borrower. Lender may chootie to muke this re.fund by mducing ttie principal owed under�he Note or by mnking A
<br /> . ••' •� direct payment ta BoROwer. If n refund reduces p�incipul,�he reduction will be�reuled ag u puniul prepayment without ony
<br /> '�� '., ' � ` prepuyment cBarge under the Note.
<br /> "��'-:•.-
<br /> ,� l4. Nodces. Any notice to Borrower provided for in tbix Security lnstrument shall !�e given by delivering it or by
<br /> •,:.;�..��-�•,:':��:1�•s' mailing it by first clags mail unlexs npplicablc luw rcquires u�e of another method.The notice shall be direc�ed to the Property
<br /> �Jiq,.:..�= ���. .�,� ' Address or any othcr addmss 8onower designoies by noticc to Lendcr. Any naice to Lender shall bc given by firtit clASx
<br /> ��' _:� ' ,r.,,:4:.. •�,�ti mail to Lender�uddress stated herein or uny other uddrctis Lender designiuex by notice ta Borrowec Any notice provided for
<br /> ___�� . ���a in this Security Inslrument shall be deemed to huve becn given to Bo�rower or Lender when givan as provided in this
<br /> ' , ParsiBmPh.
<br /> •,.' �. ��,��.�;'. •. „ 15. Governing Law; Severability. This Security Inxtn�ment shall be governed by federnl luw und U►e luw of the
<br /> r� �°-:�t �� , Jurixdiction in which�he Property is located. In�he evem d�u�nny provision or clause af this Securiry Instrument or the Note
<br /> • '''• '" •., ` conflicts with upplicable law,sunc�onflic�shull not Affect other provisions of�hig Securiry Instrument or the Note whicN es�n
<br /> �r��^-�'+°,,-;'�'' � be given effect without the wnflicting provision. 'Ib�hir end the provixions of this Sccurily Inxlrument und the Nole wv
<br /> :. ,,r��;��ar,�,��,_A•,' ,*�.,:r declored to be severable.
<br /> �+�N_��.. '^ b 16. Borrower's Copy. Borrower shull be given ane conformed capy of Ihe Note nnd of this Security Insln�ment.
<br /> . 17. 7Ypnsfer of the Property or a Beneflcial Interest in Rorrower. If ull nr uny purt of the I�ropeny aruny intcresr in
<br /> �•,;;�,. ��, •o it is sold or trnnaferred (or if a heneficiul intcrest in Borrowcr iz sald or truntiferrrd und Bonowcr iti not u naturul penon)
<br /> - � 4�•�`�:>'' � without Lender's prior w�itten consent.Lender muy,ut it+option,reyuire immcdiutc payment in full of ull sum.secured by
<br /> `,n` - this Securily Instrument. However,�his op�ion shall not be exercised by Lender if exercitic is pmhibiteJ by federal law�s of
<br />- •• ` s`'' '' the dsite of this Security lnstrument.
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<br /> '° • �'' :�" °�:• ` If Lender exercises this option,l.ender shall give Borrower notice oP uceelerution, The notice�hall provide u period of
<br /> ��..�J;.--....
<br /> �i•�•:�•�=-�.n.. no t less t h a n 30 du ys from the date the notice is delivereJ or mailed wi�hin whirh B�inower muxt p:►y oll sumti secured by this
<br /> � Kx•'':' ' Security Inatrument. It Borrower fails to pAy these sums prior tu the expirution of thiti period, Lender may invoke any
<br /> '����:.�.�.s�'•�' � �+emedies permined by this Securiry Instrume�t withaut funher naicc or demand on Borruwer.
<br /> a-- '�"'�'-=:+:- �� `,• 18. Borrower's Right to Reinstate. If Borrower meets certc+in condi[ions, Borrower +hull have Ihc righl to have
<br /> anforcement of this Security Instrument discontinued ut uny time prior to the eadier of: (u)5 Juys lor guch other period a� _
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