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<br /> --- --- cundcmnrd�x�ar ahrr t�lcin�{uf'�ny p�n uf ihr i'ru{xny.ut f�x cunvay�uka in li�u uf aNxlrnuwtlwt.w�I�crcby rrriYnr�l wuf _
<br /> -`- --"� ►h+�11 t+a priJ to I.c:nder.
<br /> --- In thc nvcnt �►f u a►tul tukinQ of thc Propcdy. �hc �n wc�l� �hall hc u{�UNI to tlx �umn �und M,y thi� S�tiurity
<br /> ----- " — Inr�trumcnt,wluthrr�x not thrn du�•,with wiy cxcc�r poid ta liom►wcr. In Ihr cvrm of u p:►niul iukin�{of thc!'nqxny in
<br /> � �^s��',�F. which thc fuir m�rkct vuluc of'�hr 1'n►�xrty imnxuliutcly tnfuR�lu�uking i���uul tn o�ymutc�ihun Ilx unuwnl uf�hc numK
<br /> �un�d by ihi+Securtty In�irunxnt itnnxJiutcly Ixti�ru�hc Iuking,unicr.li��rruwcr und Lcixlrr uthrrwi.rc ugrcr in writing,
<br /> thc yums xcurcd fiy Ihi�ti�tiur{ty In�trument �hull {x redur�Yi hy thc unx�unl�d ttk pr�kecJr multiplkd by ihc fullawing
<br /> � ,:,-, — I��t1l'11�H1: (lf)II1C[IHHI NIINNIIII UI�IIA•�uni►�curcd inuixdiatcly hctim iha lukin�.divlikd by lhl tlx fuir murket value uf'thc � -
<br /> ir ..�'` r. ." Propeny immediutely heforc thc tuking. Any hulnncc +holl tx puiJ tu HoROwcr. In tlx cvcm of•r partiut tuking ot'thc —
<br /> ,,, �..:R. .;1:,... praperty in which thc fuir marMet vulur oi'thc tfi�xny immrdiutciy hrtixc ihc tuking ix Ic+�thun tix unu►urU��f thc�um�
<br /> r;ccured immediu[ety tkibn thr tuking, unic+s Bom�wer und Le�xicr�uherwi+cr agrce in writing or unicz� upplicuhlc law
<br /> ,�,�;,�,�',:J, � � uthcrwi�provides,thc pnxtiedx*hull tx;upplied ro thc xum�ucurr.�l by this Sccurity lor:trument whethcr or not the xum+un
<br /> ;� � then duc.
<br /> If thc PmpcAy is ub:+nJoned by Barcuwcr,or if.uRcr nutire by Lender to H�xrowcr thut thc condemn��r c�ffrrs to mukc
<br /> - - �"t�f � � � • un uwerd or settle a claim fi,r dumages,Borrowcr fnil.to rc+Fxmd tu Lender within;0 duys;�ftcr thc datc thr noticc i+givr.n, _
<br /> _._",._Its�u�.,i,rr� .
<br /> __ �1�.* r . � .., Lender i�authorized to cotlect and�pply the pnweeds,ut its option,eithcr to r��toruti��n or n�pair af tlx Property or to th� _
<br /> " �=---�-�=� • sumti�ccurcd by thix Sccurity Inxtrument,whethcr ar nat�hcn duc.
<br />_n�.v�„,_ . Unlcss Lender and BuROwcr otherw„c Ugrcc in writing,cmy upplication uf'prcxecd+to principul tihull not rxtend or
<br /> -�����'.ti-.w. .-'�=°�:�, pastpone thc due dute oP thc munthly puymcnt.retcrrrd to in purugn�ph� t und 2 or changc thc umnunt of such puymentx.
<br /> -� •� � 11. Borrower Not Released= �urbearance By I.ender Ni�t � Waiver. Fxt�nsion of thr ti�nc tiir paymcnt or
<br /> ��'" '' '�r-�5ie••, modificution of amonization of the tiums xecurcd by thi,Securiry(mtrument�:r�nted by I.ender ti�uny.urce.sur in intercxt —
<br /> `��'•.,;.,;�:,i;;«�`''" af Borrowcr shall not operate to rcleasc the liubiliry of the ori�:inul Borrowcr or Barcowec's xuccc�+ors in interc+t.Lendcr
<br /> � ' shall nut tx: rcyuircJ tu cumn�rnce pracecdings agamtit :uiy ,uccessor in inte�+t or refese tu extend time for pi�yment or �_
<br /> othenvise modify wnortixution af the xums tiecureJ by this Sccurity In.trumrnt by Rawn of uny dcmund madc by thc original �w
<br /> �� Borrower ar Borrower+xuccessan in intercxt. Any forbeurnner hy Lender in exercixing any right or remedy tihuli not be a
<br /> waiver of'or precludc thc excrciur of•rny right ar remrdy. --
<br /> 12. Successors�nd Assigns Bound;Jaint and Several l.iabiUty;Co-signers. The covenants:u�d ugrcements uf tnis ___
<br /> � Security lnstrument�hull bind und benefit the succeswn and u,signs of Lender and Borrower,xubjert to the provisions of
<br /> . ' puragroph 17. Bormwer�covenuntx and agreements tihall be joint and severul. Any BoROwer who co-signs this Security --
<br /> .. • , lnstrument but doe+not executr the Note: (a)iz co-xi�ning this Security lnxtcument only to mortguge,grant und corney th•rt
<br /> ' � Borrower's intemst in the Pro�xrty under the termti af thiti Srcurity Instrument; (b)is not penonuUy obliguted to pay the sumx �_
<br /> . ,,,:, securcd by thi+Security Intitn►mrnt;and(c)agrces th•rt Lender unJ uny other Borrower may iigrce to extend,modify,forbe ur
<br /> - � or make any uccommodutionx with regard to the tertns of thix Security Imtrument or the Notc without thut Borrower's � '
<br /> ' cansent. . .
<br /> 13. I.oan C.har�es. If thc loun �ccurcd by thix Scrurity In+trumcnt i� subject ro u luw wh�ch scts maximum loun
<br /> - --------- eharges,and that luw is tinulty interpreted so that the intercxt or other loun ehiugea eoliected ur iu br culic�:tcS iu cueue�iion
<br /> • with the loun exceed the permitted limitx,then: (�)uny such luun churge xhull lxr reducrd by the umount necetisary to reduce _
<br /> the char�e ro the pem»ued limit:and(b)any�um+ulmudy coUectrJ from Borrower which exceeded pern�ined limits wili lx
<br /> rcfunded to Borrower. I.cnder muy choosc!o make this refund by r�ducing thc prinripal owed undcr ti�e Note or by making n
<br /> dircct puyment to Born�wer. !f:►rrfund reduceti principul,thr redurtion will tk treuted us u punial prepuyment without uny ��'
<br /> prepayment ch;�r�e under the Nntc. �-,_
<br /> •� 14. Natices. Any noticc to Burrowcr proviJrd fiir in thi�Security In.trumcnt shull bc given by dclivering it or by _
<br /> mailing it by fint cl•r.s muil unless applicaMe luw reyuirrti u,r uf ani�ther mcthod.The notirr shall he directcd to the Property =� _.
<br /> Addrcss or uny other addres.B��rrowcr Jesign:+ta by noticr to Lrnder. Any n��tice to Lender sh•rll tx given by�nt clasx
<br /> muil to Lcnder;uddresx`tuted hrrcin or uny uthrr addrrs.Lrndrr dr.ign:rtex by notire to Burcower. Any notire providrd for �I.
<br /> • in this Securiry Instrument .hull t+r Jccmed to havc txen givrn ta Bo�TOwer or I.cndrr whcn given uti provided in this �...
<br /> t • paragraph. "
<br /> 15. Governing Law: tieverabilit . Thiti Sccurit Intitrumrnt xhnll Ix ovrrned h frdcral Iz�w :md thc law of the �'`
<br /> Y Y F Y �,<-=
<br /> jurisdiction in which the Property is I�xatrd. In the rvent that uny pruvi.ion ur clausr uf this Srrurity Instrument or the Notc �;c•-:
<br /> ' . . � conflicts with upplicublc law,zuch contlict,hall nut afl'rrt othcr pruvi,iom ut'thi,Srcurity Imtrumrnt or thc Note which can
<br /> : � • be given effect without the conflicting provixion. Ti�thi.rnJ the provisionz of thi.Srruriry In.trument and the Note nre t•-
<br /> { !. � dcclured to be scvcrublc. 6;'
<br /> 16. Borrower's Copy. Bi�rrowcr tih;dl tk given onr conti,rnud rupy of the Note and ot�thiy Security Instrument. ��
<br /> 19. '[l��nsfer of the Property or a Beneficial I�terest in Borrowcr. If ull or cmy part of thr Property or Any intcrext in r��
<br /> it is sold or transferced (or if i�Ixneticiul imrnst in Borrowrr i.,o1J ur uan,frrrcd and Burrowrr i�not a natural person) �`'=
<br /> without Lender's prior written coment.Lender may. at its option,rcyuirc immediate payment in tull ot'all sums secured by ' '
<br /> '�° this Securiry instrument. Howcvcr,this option shull n��t lx rxen:iscd by Lendcr if cxcrci,e iti prohibited by federul luw ati of �.�-.
<br /> ' ,� the date of thiti Security Instrument. -°t�
<br /> ' h,r,y��, If Lender exercises this option,Lender+hull give Aorrc�wer notice oF accrleratiun. Thc nntirr.hall provide u period of :
<br /> �,,;,,:,� not Icss than 30 dirys from thc datc thc notirc i.dclivrrcd o►mai1�J w•ithin which�ortowrr mu,t puy all,ums scrurod by thi. �.,_.
<br /> :�;.° ., . Security Instrument. If Borrower fail. tu pay these+umti prior to thc rxpir.itiun af thi. periud. Lcnde�may invoke any j•;_..-
<br /> remedics pcnnitted by this Sccurity lnstrument without further notire or demand un Burcuwrr.
<br /> , � � 18. Borrower's RiRht to Reinst�te. If Borcowrr mcctti rertain conditiun�, Borrowcr shall huve thr right to havc
<br /> � cnforcemcnt ot this Sccurify Inrtniment discontinurd at :►ny timr priex tu Ihr rarlier of� (a)5 d,ey+(or�urh other perioci as
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