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<br /> condemn�tiun or ather taklnQ ot any p�rt of the H�openy.or for canvey+uxx ie Iku uf conderru�ulon,are hereby�ri�ned�nd
<br /> �Iwll be prid w L.endec.
<br /> In the event of R totil t�fcinQ of the Propecty. the praced� shti� be �I'P�ied to thc ruma Kecured by this Security
<br /> lnrctrument,whether or na then due,with iuty cxcess p�id to Bomower. In the event of A pwrtiul wlcin�af thc P�xyperty in
<br /> which thc fair muket v�lue af the Property immedi�tcly befae the t�{cing ia equal ta ar grcuter th�n thc wrnount ot the nums
<br /> �ocuc�ed by thi�Security Instrument immediately before the twking,unlexs Borrower und I.ender otherwir;c a�rce in wrlting,
<br /> the xumc cocurcd by thir Security lnswment shali be rcdured by the amount of the proceeds maltiplied by the followin�
<br /> " — -----�-•=—�� frnctiai: (a►the totnl nmount oP thr,ums Fecured immediately beforc the tuking,divided by(b)the fair madcet vslue of the _
<br /> _ Propctly immcdiatcly befae�he taking. Any balancc ahall be patd to Barrower. In the cvenl of a partiel t�king oF tl�e
<br /> Property in which the f�lr mwket value of thc Property immodiutcly 6efore the tnking i�Icsr�thmi the acnount of thc aumc
<br /> �ccured immediately Uefae the taking, unless Borrawer and l.cnder otlxrwisc agrce in writing or unle�s appUcable Iaw
<br /> otherwise provldes,tlx proceeds rhal�bc applied to the s�ums cxurcd by this Security l��stnunent whether or not the rumr we
<br /> then due.
<br /> If the F'ropeny is abandoned by Borrower,or if,ufter noticr.by Lender ta Borrower that the condemnor offen to m:ilce
<br /> � ---°°•°°r=°=-•m an ownrd ar+etde a claim for damages.Borrower fails to respond to Lender within 30 daya s►fter the date the notice is g[ven,
<br /> l.ender is uuthoriud to collcxt and upply the proceeds.at its option,oither to rcstoration or rcpuir af the Propercy or to the
<br /> sums securcd by this Security Instrument,whether or not then due.
<br /> Unlcss Lender and 8arrowcr otherwise agree in writing,any upplicution of procccds to prinripal shall not extend or
<br /> postpone the due date of the monthly pAyments referred ta in paragraphs 1 and 2 or change the�nount of such payments.
<br /> 11. Bonower Not Rekased; Forbwrance By Lender Not a Waiver. Extension of the time for payment or
<br /> madiftcation of amortizadon of the sumy secured by this Secur�ty Instrument granted by Lender to any successor in intenst
<br /> of Borrower shall not operate to releuse the liabiliry of ihe original Borrawer or Borcower's successon in intercst. Lender
<br /> : � tihall nat be rcquired ro cornmence praceedingti uguinst Any successor in interest or refusr ta extend time for payment or
<br /> othecwise madify anortization af the sums secured by this Security Intitrument by reason of any dem:uid made by the originul
<br /> _. . �} :�:;�.,:. .,., Borrower or Borrower's successorc in interest. Any forbearance by Lender in exercising uny right or remedy shall not be a
<br /> ' :4;,.,•�•.;,Y:�;,,�; wuiver of or preclude thc excrcise of any right or remedy.
<br /> ���
<br /> n 1�. Successors And Assi�ns Bound:Jofnt and Several I.iability;Casignets. The covenants and ugreements of thi�
<br /> •%�' ;'�.-.;�-' Serurity Inst►ument shall bind and beneflt the successon and s�ssigns of Lender and Borrower,subject co the provi�ionti of
<br /> -:;�:,,:
<br /> �. � '�f�Y•� parugraph 17. Borrower's covenants und ag��eements shall be joint und several. Any Borrower who co-signs this Security
<br /> �`'��•"` Imtn�ment but das not execute tlx:Nate: (u)is co•signinF this Security Instrument only ta mortgage,srant nnd convey that •
<br /> i��ergn�,a,i1:.�..�::.;_� .
<br /> - ��• • Borrower's intereu in the Property under the termti of thix Security instrument: (b)is not penunally obliguted to pay the sums
<br /> , +. . secured by this Security Instrument;:►nd(ct agrce,thut Lender and uny other Borrower ttwy agree to extend,modify,forbear
<br /> _;��,�4 � .�, or make any•rccommodutioas with mgurd ta the terms of this Security Instrument or the Note withaut thut f3orrower's
<br /> • :!_�•.•. .. • cc�sent.
<br /> _:.-�"�. 13. l.o�n ChArRes. If the loan xcured by thi+ Security [n,trument is subject to u law which sets maximum loan
<br /> y��,; „' charges,und that luw is finally interpreted�o thut the interetit or uther loan charges roIiecteS u�to bc caticctcd in cannestion
<br /> . with the loAn cxcced the pe�nitted limitx,then: (u)any tiuch loan charge shull be redured by thr omount necetitiury to reduce
<br /> �,•�• Ihe churge to the pertniqed limit:and(b)uny�ums alre•rdy callected from Bottowe�which exceeded permitted IimiGs will be
<br /> refunded ro Borrowcr. Lender may chcx�,c tu muke thi.retund hy rcducing the prinripul owed under the Note or by making u
<br /> direct payment to Borrower. lf u refund ndures prinripal,the reduction will he treated as u partiul prepuyment without siny
<br /> � prepayment chargc undcr ihe Note.
<br /> �. • 14. Notices. Any noticc to Borrower prov�ded tbr in thiti Srcurity In,trument �hall bc given by delivering it or by
<br /> ` mailing it by first cl:i�ti mail unl�+.applicable I•rw rcyuire�u�c uf anothcr method.Thc noticc+hull Ne directed to the Property
<br /> f Addresti or uny other uddre,s Burrc�wcr Jetiignatc+hy nutice to Lendcr. Any nutice to Lender shall bc given by fint class
<br /> �.. mail to Lenderti addmr�+t:ucd hrrcin or any i�ihrr addrc.�Lcndcr de�ignateti by nutice tu Bormwer. Any notice provided for
<br /> in this Security lnstrumcnt shall be dcemrd to hav� Ixrn given to Horrower or Lender whcn givcn uy provided in this
<br /> �� paragraph.
<br /> �•" 15. Covernln�G I.uw: Severubility. Thi+ Sccurity Instrumen! +h:�ll hr g��vcmrd hy fcdcral luw anJ tlic law of the
<br /> juntidiction in whicti the Preiperty i�Iix:Urd. In thr evcnt thut any pruvitiiun or clau+r ut'thi+Sccurity Instrument or the Note
<br /> ' " conflicts with upplicablc law.wnc�onflict�hall not:►ftcrt uthcr pruvi.iom o!�thi.Security Intitrum�nt ur thc Notc which can
<br /> � ' be givcn effcrt without thc contlicting pro��ision. Tii thiti cnd thc pruvi�ion�of thi,S�tiuriry In,trument und thr Note rre
<br /> declured to hc u:vcrahle.
<br /> � 16. Burrc�µcr'sC'apy. Burtuw�r,hall Ix�:i�•cn unc ci,nli,rmrd rupy of thr Natc and of'�hi+Security In+tt'utnrnt.
<br /> �. 17. 7Yantifer oPthe Propertv ur u Beneficiul Interest in Knrro«•cr. (f all ur any part uFthc Pru�xrcy ur any intcro�t in
<br /> it i..old c,r tran.fcrTrd lor if a Iknctirial intrrr�t in liorr��µ•er iti�o1J ur t�an.fcrrnd and Bonowcr i.not a nutural pertianl
<br /> .. - withuut Lrndrr:prior writtcn ccm,rnt.Lrndrr may.:n itti uptiun.rryuirr�mmrdi:tlr p:i��mcnt in full ot'all+um��ccun:�hy
<br /> }, ' thi.Sccurity Intitrurnent. Hi�wrvcr.thi.uptian.hall nut Ix exrrci.rd h�•Lcndrr it'�xcrci�e i�prohibited by federul luw u,of
<br /> the dau of thi,Stcuriry In�trutncnt.
<br /> � If Lcndrr rxcrri.c.ihi.optiun.LrnJrr+hall gi�•r Rorru«cr nutirr ul accrlrrati�+n. 'fhc nutirc.hall providc u period of _
<br /> � not les.thun 3D dayti Ir�wi tlx datc thc nutirr i.d�li�rrcd�x mailrJ�cithin��hich Burru��cr mu�t pay:dl.unn ticrund by thi, _
<br /> Ser�rity In.trumcnt. II Burtowcr t:tih tu pa�• thc.r .um,pn�,r tu d�r c�piratiun uf thi� �xri<xi. LenJer muy invol�c uny
<br /> remedie��rmiucd hy thi+Sccuritv In.trumrnt withuut lurthcr nutirr nr drmand��n B��rcuH�rr.
<br /> ` � 18. Rurroarr's Right to Rcintitate. 11 F3urm���r mcrt�crnain a,nditium. B��m►��cr ,hall huvc thr right tu havr
<br /> � enforcement i�t'thiti Sccuriiy ln,lrumcnt di,runtinurd ai am tinm pri�,r tu thr r:irlier��t`. �:►1 S da���lor wrh other Exriixl a+ .
<br /> timElr I•.nwl� Fwnnie 11uc�F'reddlc�fac l\IF<)N�1 1\51'RL'�1F:\'1 - l mt��nu('���rnan�, 9�'M� yn�e�'���f��/k�c�•�i
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