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<br /> condcmnrtion or aher t�icing�f any part of the f'rq�erty,or for convey�nce in liou ot'cw�demnatlon,�ue hereby�ri�nad And
<br /> �ludl be paid to Lcnder.
<br /> In the event of a taut tnking of the ProNcrty. the procced� shull hc upplicd to thc sums �ccurcd by this Security
<br /> ';_-,�� Instniment.whether or nat thcn due,with any cxcc.s psiid to Bormwcc In thr event of a purtiol tuking uf the Propeny in
<br /> _'��tiy��.� which tha fair market value of the Property Imme�iiutcly t+efon:the tuking is eyual tn or grcutcr th;ui the umcwnt of the sumx
<br /> secured by this Security ln.ruument immediuteiy lxfore the tuf:ing, unie�c Borrower wui Lender nthcrwise agrce in writing,
<br /> - ., -- —� the sums secured by this Sccudty Instrument shull t+e rcduced by the amawnt af tt�c pmcecd�multiplied by the fallowing
<br /> �� �"''-'`'`"�""'°� � lraction: (a)thc total amount of the sume serurcd immedietely Mrfom the toking,dividrd by tb)the fair markct velue of the �-
<br /> �r.ro�oamr�����
<br /> •--�+���%*m�� Property immediatcly 6cfore the taking. Any butanre shall be paid to Burrow•er. [n thc event of u partial taking of the
<br /> �u!;,•::4•�;� Property in which the f+�ir nmrket value uf the Propeny immcdiata:ly bcfare the taking ix Iezs thun thc umount af thc,umx
<br /> .�1�;�:��� Xcur+ed immediatcly 6efore the taking,unless Borrower und Lencicr aherwixe ugrcc in w�iting or unless applicublu luw _�
<br /> otherwise provicks,the proceeds shull be upplied to ihe sums cecurrd by�his Serurity Instrumcnt whethcr ar+wt the iumY um
<br /> z�;'„��'; ihen duc.
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<br /> (f the Propetty iti abandoned by Borcowcr,or if,after natice by Lender to Borrower that the condemnor offen to muke
<br /> . en awnrd or�ettic a cluim for damages,Borrc�wer fuils ta mspond to Lender within 30 duys after thc dute the noticc is given, _
<br /> , ., Lender is authorized to collect und apply the proceeds,ut tt+option,either to re.r•torution or repair of the Property or to the
<br /> � : ��+�+• r�`' wms secured by thic Sccurity Instrument,whethcr or not then duc. —
<br /> _���'u'''+'��' � .— Unles�Lendcr und Baaower uthenvise ugree in writing, uny upplication of pracceds to principal shull not cxtend ar
<br /> .M� ��r;R��°"�-'-�'�';,, ' postponc tha due date of thc monthly puymentr rcteRed ta in puragraphs I and 2 or chunge the amount of such puyments.
<br /> w � � 11. Borrower Not Released; Forbearance By Lender Not x WAiver. Extension af thc time for paymcnt or
<br /> r .y��3:3:.r'1.5 •; --
<br /> " � ,,,„.{,�_..,,r..',�, modificution of amortization of the sums serurcd by this Security Instrument granted by Lender to any successor in intcr�etit
<br /> � of Borrower shaU nM operatc to releuse the liubility of the original Barowcr or Borrower's succeswrs in intemst. Lendcr
<br /> ��+� a.:��. � sh:,.' m► bc rc. �ired to commence proceedingx againxt uuy.uccr�sur in interest or�efuse to extcnd time for paymcnt ar —
<br /> �, • . otherwise modify amortization of the tiumti Kwred by this Securiry Instrwnent by mason of any demand made by the originul
<br /> � Borrower or Barrowere successors in intercrt. Any forbenrance by Lender in exercising uny right or remedy shall nat be a
<br /> 3 • : wutver of or preclude the exercise of any right or remedy. _
<br /> , 1Z. Successors and Assigns Bound;Jolnt s�nd Several I.fability;Co-signers. Thc covenantti and ugreements of this
<br /> ''� Security Instcument shaU bind and benefit the surcesson w�d assigns of Lender und Borrower,subject to the provisions of --
<br /> , . purugraph I7. Borrower's covenunts und ugreements shall be joint and several. Any Borrower who co-signs tt�is Security =•_
<br /> • lnstrument but dces not execute the Note: (u)is co-siFning thiti Security I�strument only to mortguge,grant:u�d convey thut __
<br /> ° Borrower's interctit in the Property under thc tem�ti of this Security Intitrumc:nt; (b)is not personally obligated to pay the sums
<br /> secumd by this Security Instrumcnt:and(c)agmc,that l.cndcr und uny other Borrower muy Agree ta extcnd,mociify,forbrur =_
<br /> or m•rke any accommodutiom with regard to the termx of this Securiry Instrument or the Note without thut Borrower:s
<br /> �:� . .
<br /> - •-- ,, conscnt. ,
<br /> .
<br /> __=_____,__.__� 13. I.oan Chprger. If the loon +ecured by thix Seruriry l�istrument is subject to a law which scts maximum IaAn ��-_
<br /> ^ charges,and thut luw ix finally interpreted so that the lntere+t or other I��n charge+collected or to be collrcted in conrnetion
<br /> with the!aan exceed the permittcd limitx,thrn: (a)any such loan chargc tinall be reduced by thc umount necessury to ndure .
<br /> the churge to the permitted limit:anJ tb)s►ny sum,ulmady coUectrd from Borr�wer w-hich rxceeded pemiitted limitti will tx �,:
<br /> refunded ta Barrower. Lendcr may cha�sc tc�makc thi�rcfund hy reducin�,thr principal owed under the Note or b�mukin�a `__ -
<br /> dimct payment to Borrower. If u refunJ reduces prinripul,thr rcducticm will he Ireuted uz u purtinl prepayment without any
<br /> • ; prepayment churge undcr thc Note.
<br /> • 14. Notices. Any noticc to Borrowcr providcd fur in [hi� Sccurity In,trumcnt xhull Ix given by dclivcring it or by ,,;
<br /> �• mailing it by tint clutis mail unle..uppticuhlc law require�use uf anothcr methcxl.Thc notirr shull he direrted to the Property _
<br /> ��+ Addmtis or uny othcr addres, Borrower de+ignatr.by nc�tirc tci Lrndrr. Any notire to Lendcr shall Ix given by first clus� -
<br /> ` � mail to l.endcr's uddre�x stated herein ur any uth«uddre„Lru�ler aic,ignatrs hy notic:c to Borrowec. Any notice provideJ f'or
<br /> .. t
<br /> ` in this Sccurity Instrument �hall Ix dremed u� have iwen given to eurrowrr or Lender when given:�s provided in thi� -
<br /> 't' � � paragraph. �
<br /> 15. (iovernin� Law: Sevcrability. 'I'h�s Sccurity Imtrunicnt ,laill Ik guvcrnrd by tcdcral law and thr la�v of the ,
<br /> jurisdiction in whirh the 1'ro�x rty iz kxatcd. In thr evrnt that:my provi�ion or clau�r uf this Srcurity In�trumcnt or thc Note
<br /> • • conflicts with applicablc luw,such rontlirt�hall nut:dtert other pr��vitii�ai�uf this Srcurity In,trumrm or thc Nutc which can •
<br /> ; be given effcct withc,ut the cuntlirting pravi�i�m. Tu thi.end thr pruvi.i��n. ��f thi.Srcuriry In.trument und the Note un � -
<br /> , declnred to lk severuhle.
<br /> 16. Borrower's Copy. Hurcawrr�hall Ix givcn unr cuM'��m�ed r��p�• af thr Notc and ot�thiti Sccurity Intitn�mcnl. �
<br /> , � 17. 7ransfer oF the Property or a Beneficiul Intere+t in Riirr��a•er. If:�Il ur uny part i�f tlir Pru�xrty or n�iy intrrest in '
<br /> I it is sold or transfcrcrd(or if a Ixnrticial intcrc.t in 13urruwrr i� ,ol�l or tr,mtitcmed:uid Burruwrr i.ni�t i�natural Exrti�m►
<br /> without Lcndcrti priur writtcn consent.Lrndcr may, at it.urtiun. rcyuim inumdi;uc paymrnt in full of all,um,urured hy
<br /> ' � Ihis Security Intitrument. Hciwcvrr,thi.uptian.haU nut tx exrreiscd hy LrnJcr if rxerci.c i.prohibitrd ny ted�rul luw uti ot' i
<br /> { thc dutc oY thiz Sccurity Imtrumcnt.
<br /> , , If Lcndcr rxcrcisc.thi,optiun.Laulcr�hall givr Hurr���+rr n��tire ut'acrrlrratiun. Thr n«tire,h:dl prov�dc a�xrial of
<br /> not ksti thun iq dayx irom thr datr thr nuiirc iy delivcrcJ ur m:iilcci a•ithin N•hirh(iurr�n�rr mu�t pa)• :�II�unt�+et'ttred h}thl�
<br /> Scrurity ]n,trument. If Rurr<�wrr t:iil�tu p:ry thr.r +uro. pn�K tu the��pir.ui�m uf thi� �xri�xl. Lrndrr muy invoke any ,
<br /> • remedie�pemiinrJ hy thi+Security In.trununt w•ithout funhrr n�Nic<<�rdrrnan�t on liurru«rr.
<br /> � 'F � 18. Borrnwcr'S Ri�ht to Ncinstutc. It liorra��•rr nuct�crnain c�Hiditiun., liurruacr ,hall havr Ihr right t��h:rvr
<br /> F enforcemenl uP thi�Sccurity In.tnmirm�ti.runtinue�f at uny tinic pri�,r io tlx rarlicr uf: la►5 day, tur wch��ther periai as
<br /> -q � tim1:Ic I':umle..Fimnfc�tue�Frcddlc�L�c t'�IM'UR\t l\ti'IRl�1t:X'1'..t'ndunn t'u�.•ir,mh 4/�MI ip�i�,•�.q n pit.��i
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