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<br /> cw�demn�tfon or other akin�of�ny part of tia PropertY.a'for convcyu�c�in lieurof condemnatlon�aro ireroby wi�ned u�d
<br /> shall be paid to Leodec.
<br /> In the cvent of a total takinQ of the Property. the Proceedc sh�l� be aPP��sd co tha �uma secured by thia Secudty
<br /> lnrtrurt►ent,whether or not then d��e,with any cxcess p�id to BuROwer. In the event of a purtial h�kin�of thc Propecty in
<br /> whiCh the fdr tnorlcet valae af thc Propeny immediately befaro thc taking Is equal to or grcatcc than the amount of the suma
<br /> �ecurcd by this 3ecurfty lnswment immediatcly bcforo thc taking,unkss Borrower And L.endu cxherwlse a�rcc in wdtin�.
<br /> az---- the xums vecurcd by this Security Instrument�hnll be nduced by the am�wnt of the prceeeds multiplfed by the followtn�
<br /> fraction: (a)the total amount of the sums securcd immediately before the taking.divldcd by(b)the fair market value uf tl�e
<br /> _- Propeny immediately befo�c the teking. My balunce shall bc paid to Borruwer. in the event of a psutial taking af the
<br /> Pcopeny in which the fair market valuc of thc Property immcdiately before thc taking is less thun the amount of the sums
<br /> secuced lmmediately ixfore the taktng, unless Botmwer and Lender otherwise agc+ee in writing or unless applicable law
<br /> otherwise provides,the proceeds shall be appiied to the sums cecured by this Security Instrument whethec or not the sum:are
<br /> then due.
<br /> -- -- If the Property is abandoncd by Borrowcr.or if.after notice by I.ender to Borrower that the condemnor offers to make
<br /> an award or setde a claim for dsunuges,Borrawer fails to rcspond to Lender within 30 days after the date the notice iss given,
<br /> _�j�� Lender is uuthorized to callect and appiy the proceeds,ut tts option.cither to restaration or repair of the Property or to thc
<br /> sums secured by this Security Instrument,whether or not then due.
<br /> ' Unless Lender and Horrower athenvise agree in writing, any applicution of proceeds to principAl r,haq not extend or
<br /> �_';fi�� postpone the due date of the manthly payments rcferred ta in puragraphs 1 and 2 or change the amaunt of such payments.
<br /> � — � 11. Borrower Not Released; Forbearance By Lender Nat A Waiver. Extension of the time for payment or
<br /> :r: modification of amortization of the sums secured by this Security Instrument sranted by Lender to any successor in Intarest
<br /> �x�,�,�.;,3,�;� of Borrower shult nut operute to reiease thc liability of the original Borrower or Borrowec's succeswr:z in intercst. I.ende� �_
<br /> ` � '� shall not be required to commence proceedings against any successor in interest or mfutie to extend time for payment or
<br /> -.: , , ;,�,y .. otherwise modify umortizc►tion of the sums secured by this Security Instrument by reuson of any demand made by the original —
<br /> "`'��' ' � Borrower or Borrower's succeytiors in interetit. Any forbeurance by Lrnder in exereising uny riyht or remecly xhull nut be�
<br /> o-x:n=+”.•-•: �f waiver of or prcclude the.•.xercisr of uny right ar remedy.
<br /> '�x��`,•- ,y~ 12. Succersorr And A�►xiknx lkwnd:Joint pnd Several Liwbflityt('�N�R�ery+. ��<«►vcnautti und ugnxmcntti oi'thi�
<br /> b��;�;:• �;....�_'. i::'� Security Imtrument shull bind unJ tkncftt ihc tiucretisnry und uxtiign.of I.cndcr und liurruwcr,+ubject ai ihc provhiom uf --
<br /> ��� .•�.i, •;rvf�w
<br /> � •-•..�:�,.•,.� �. puragraph 17. Borrowcr±covcnunix und sgrcemcnt. ,hull tm juint und xvcrul. Any Horr�►wcr who co-�igm thi�S�cunty
<br /> .�"�",••``��` Y". , In+trument t►ut d��e�n��t rxecutc tiu Note: lul iti�n•�iµnht�lhl�Securlty IIIHru�tten�tNtly lo moltKuK�.grunt�uxt c�arvey ihut
<br /> � � Bonowcr w intcrest in thc Nro�xny undcr th�tcnn.ul'thi,Security Intitrumrnt; (b)i�noi(xr.unully ubligutrd to pay�hc+wm w—
<br />- ,.sa�,�.� ::,: . securcd by this Security lmirnnrrnt:und lc)ugrc��.thut I.ender u�ul uny other Hurruwer muy uyree to extend,mixlify,ti►rheur
<br /> �i'%`'� ' ' .�' or mukc ony accnmmodutiim+� wiih rcgard to thc tcrm. uf thiy Sewrity Inxtrumcn� ar thc Nutr without thut Horrowcr�
<br /> ::r;,���:..�_�;�:..�f consent. —
<br /> - -- — •- „— 13. LoAn ChArge�c. It thc �uun xcurcd i�y chi,Srcurity i���t�uiii�nt iti �uh;cci io;c !au sehich set� maxfmum loan
<br /> chargeti,und thut law h finully interprcted tia thut thc imrrest�tir other luan churgez collecteJ or to ix collecteJ in connection
<br /> with the loan exceed the permitted limit�,then: (u):�ny such Inun churge.hall tx;reduced hy the•rmcwnt necextiury to reduce
<br /> the charge to the pertnitted limit;and(b)uny+um+ulrcudy collectcd t'rom BoROwer which excecded permitted limitz will bc �_
<br /> refunded to Borcowcr. Lendcr muy choosc tu mukc thiti rM'und hy rcducing thc principal owed under ihc Note or by muking u
<br /> dimct payment to Borcower. If u rcf'und redure�principal,the reduction will be treated as u p•rrtiul prcpuyment without any �--
<br /> �- prepuyment charge undcr thc Note. —
<br /> 14. Notices. Any notice to Borrower provided fur in thiti 5ecurity Imtrumcnt shall be given by delivering it or by
<br /> . muiling it by ftnt cl•rss mail unless upplicable law reyuims utie of another methoct.The notice shall be directed ta the Property —
<br /> Addrcss or uny other uddrexx Borrowcr dcsignatc�by notice to Lcndec Any notice ro Lendcr shuU t�c given by 6rst clasti m,_
<br /> 4 mail to Lender's addres�•�tnted hcrei�or:my rnhcr aiddress I.endrrdrxignatcs by noticc to Borrower. Any noticc provided far �-:
<br /> =a, in this Securiry Instrumcnt shull lx dcemed to huve hcen given to 8orrower or Lrnder when given ax provided in this l:::
<br /> � . , . ... pnrAgruph. E
<br /> I5. Governing l.aw; Severubility. This Sccuriry Instrument shall be govemed by federal law und the luw of the �':':
<br /> - jurisdic�ion in which thc Property is Icxxtcd. [n thc cvcnt that uny provision or cl:�usc uf thiti Sccuriry Inytrumcnt or the Notc �_,_
<br /> � conflicts with applicuble luw,tiunc�unflirt shaU not affect other provisiom of this Serurity In�trument or the Note which can �:�-
<br /> r � ' . be given effert without the contlictinb prc►vi+ion. To this end the provitiiom of this Security instrument und the Note•rm .;,_�_:
<br /> � . declared to bc sevcrablc. -�-
<br /> � 16. Borrower's Copy. Burrowcr�hall tx given unr confunnrd copy ot'the Note und of this Security In+trument. �--
<br /> � ' 17. 'IMAnsfer of the Prope�ty or a Beneficiul Interest M Borrower. If aU or uny pare uf thr Proprrty or any intcrest in
<br /> � �•= it is sold or transfcrrcd!or if u tx�nctirial intcrc.t in Borrowcr i.�uld or Irunst'crred und Borrowcr is not a naturul person)
<br /> :���'�"'� without Lender's prio�written conxmt.Lendc�muy.at itti option,rcyuirr immediate puymrnt in fuU of ull sum+�ecured by �--
<br /> -- , " �� thiti Security lnstrument. Ho�vever,this option shall not be exerci�ed by l.end�r it'�•xrrci�r iti p��hibitect by fedecul luw as of �-
<br /> � � the datc of this Security Intim�mcnt.
<br /> .y, . } ':.�" . If Lcnder excrci�es thix option,Lender shuU givr Borrower noticc uf accrlrr:uion. Thr notire shaU provide a period of
<br /> , not Iess than 30 days from the dutr the noticr iti dclivered or mailed within which Bunow•�r inust p�y ull sums secured by this �:_
<br /> • Securiry Instrument. lf Borrowcr fuil+to pay the.c sum�pnor to Ihr cxpiratiun oC thi. �xriod, Lendcr muy invoke any 4` .,
<br />- � rcmedicz pern�ittcJ by this Sccurity lnstrumcnt wi►hout funhcr natirr or dcmand on Bcirruwcr.
<br /> ..�,. { 18. Borrower's Right to ReinsWte. If HoRC�wcr mcets renain condi[ion,. B��rrowrr shall have thc right to huvc
<br /> : ,t enforcement of this Sccurity Intitrumcnt di,continued at any ti�nr priur t��thr rarlirr uf: l:U S duy�(or.uch othrr prricx! u.r
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