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<br /> c�x�demnatian or Wtrcr Wcln�oP�ny p�t ot the Propeny.a facanvey�nce in Iku of cancia►uuuion.u�e heroby+�ui�ned and
<br /> �fu�11 be p�id ta L.ender.
<br /> In the evcnt of�tota!taking ot the Propetty, tfie pocaodt ��Il be applied w the wm� �ecurod by thin 3xurity
<br /> fnstcumrnt.whether or not thcn due,wlth�ny exceu p�id to Bamwer. In the avent of�p�rti�l ukin�nf�he y In
<br /> which the fdr m�rket v�lue of�he f'ropeny immodiuely befon ihe WcinQ is equal to or grestcr th�h the unount o�uma
<br /> - -- - -- �ecured by thes 5ocudty Instrument immediRtely beforc thc taking,unless Borrower uid Lender othcrwiso Agree ir� writing.
<br /> thc wmi secuned by this 5ecudty In�wment sludi be reduced by the amonnt af tix pnocads multiplial by the folbwin�
<br /> fractlon: {�)thc total�maunt of the cums fecuned immedia►ely bcfore the Wcing,divided by(b)the fair market vAlue of the
<br /> - ��� - --'-� i�oopeny immodir�ely befa+e �he �wking. Any brlwwe�I�all be paid to Dorrower. in thc cvent of u p:uii�! ta6cing uf thc:
<br /> � — Prope�ty in which the fair maricet value af the Prope�ty immediately befo[e the nking is kcs tluin the wnount of the eums
<br /> securod immediately bcforc the t�icing, unless Bamwer and Y.ender otherwise �grce in writing or unle�applicAble I�w
<br /> othervvise provider.the proce��hall be applied to the cumr secur�d by thia Socurity Instrument whetiur or not the swnr ere
<br /> then due.
<br /> If ihe Property is abu�doned by Borrower,or if,after notice by Lender to Bomowcr thut the candem��or offers to make
<br /> an awnrd or settic u claim for d�mages.B�rrower fails to respond to Lender within 30 day►after the date the natice ic given,
<br /> " - � Lcnder is uuthorized ro collect wid apply thc procceds,at its option,either to restoration or repair of the Property or to thc --
<br /> sums secured by this Sccurity Instrument.whethcr or not thm duc.
<br /> Unless L.ender and Bcxrower otherwise agr�ee In writing,any application of procceds to principal shall not extend or
<br /> postponc thc due datc af the monthly payments rcferrcd to in patusraphs 1 and 2 or change the amount of such payme�ts.
<br /> I1. Barrower Not Relraaed; For6eAnnoe By Lxnder Not a WAlver. Extension of the time for payment or
<br /> -- modification of amonizatlon of thc sums secured by this Sccudty Instrument granted by Lender to any successor in intcc+cst
<br /> ';`` of Borrower�hall nat operate to rcleasc the liobiliry of the original Borrower or Borrowcr's successor�s in intercst. I.ender
<br /> .' — - - L�IBII RO[�1C TC(]UIICd[O COt11fi1CIKC PfOCCCtltilga:ixYtlrot ru�y aua.�ca�v� itt{�il��a.a2 JP i:.fii,i.ZU�.AZMIS� i1�i.:.�C:�.��'Sii�.ii2 �: °
<br /> :l .t�,"' ,. , otherwise modify amortization of the xums secured by this Security Instrument by reuson of any demand made by the or�ginal -�
<br /> Sorrower or Borrower's successors in interest. Any forbeara�ke by Lender in exercising nny right or remedy shall oot be a
<br /> �;• '��•:; :•����:' waiver of or preclude the exercisa of any ught or remedy.
<br /> ;,:�ti' 47::�t��� 12. Successora�and Assigns 13ound;Joint And Several Giabllity;Casigners.The covennnts and ugrcxments of this
<br /> �•r��*'�"��.' Security Inxtrument shall bind and 6enefit the successors and ossigns of Lender and Borrower,subject to ttie provisions of
<br /> � � ' "������ paragraph 17. Borrower c covenants and agreements shull be joint and several.Any Bortower who casigns this Security
<br /> `�'' : . Instrument but dcex not exc�cute the Note: (a)is co-signins this Security Instrument oniy co mortga�e,grant and ca�vcy that
<br /> `• ;4ir r,;� ; � Borrower's intecest in the PcopeAy under the tertns of this Security Instrument; (b)is not personnlly obligated to pay the sums
<br /> �� �"i'�'; .�" ":`'f secured b thi.Securit Insirument;and(c)a mes thut Lender and an other Borrower ma a �e to extend,modi forbear
<br /> �a,�; . Y Y 8 Y Y 8 fY•
<br />_ , •:;.t• ,:`: � or make any accommodations with regatd to the terms of this Security Instrument or the Note without that Borrower�s
<br /> '��..•••; conscnt.
<br /> 'Sf�'�4�:.+r::..,,_;„ �
<br /> �t �,,.,,,,,:. .. _ . 13. Loan Charges. If the loan secured by thiti Security Instrument is subject to a law which sets maximum loan
<br /> _ 'f �...�; '��_::�,:� •.
<br /> . ,_,,,.,,.. charges,aad th�s lsts is fista!!�isltcspreted so ihst the snitr!'st or othpt lotttt ch�trgP�r�IIPCtPd�r t�he c�llected in connection ,
<br /> - -�- with the loan exceed the permitted limits,then: (a)uny such loan churge shaU be reduced by the•rmount necessary to reduce
<br /> the charge ro the permitted limit::utd(b)any sums already collected from Bomnwer which exceeded permitted limits will he
<br /> • rcfunded to Borrower. Lender may�hoo�e to muke this refund by reducing the principal owed under the Note or by making a
<br /> dircct payment to Borrower. lf a mfund rcduces prinripal,the rcduction will be trcated as a partiul prepuyment without uny
<br /> . ,_ prcpayment charge under the Note.
<br /> ' l4. Notices. Any notice to Borrower provideJ for in this Security Instrument shall be given by delivering it or by
<br /> , mailing it by first cluss mail unless applicabir I•rw rcyuinx use of unother method.The notice shall be dimcted to the Property _
<br /> Address or any ahcr addresr B��rrowcr deri�nates by notice to Lender. Any notice to Lender shall be givcn by�nt class �„
<br /> :i, �� mAil tc Lender's address stated hercin or any other addmss Lender detiignateti by n�tice w Bortower. Any notice provided for �; .
<br /> __ ' �� in this Security lustrument sh•rll bc deemed ro huve been given to Bormwcr or Lender when given as pmvided in this _._
<br /> :A^' , • � P:uag�apl►. _-
<br /> , I5. Governin�Law;Severability. This Security Inxtrurnrnt �hull tk EoverncJ Ny fcderul law and thc law of thc
<br /> � jurndiction in which thc Propeny iti I�xuted. In thr evcnt thut•rny pmvi�ion or daus�oF thi.Security In�trument or thc Note ""
<br />; . � contlicts with npplirablc law,tiuch ronflict xhall not affrct other provisions�if thi+Securiry imin�ment or the Note which can _
<br /> be given effect without the ccmflicting provi.ion. To this enJ the prrnixiuns ol'thi.Serurity (n.trument and the Note are �.
<br /> declared to tx:sevcrahlc. - -
<br /> � 16. Bnrrower's Copy. Borrower.hall fx given onc confornud copy of the Note and��f thi+Security In+trument. �-
<br /> 17. 7Y�nsfer of the Property ur a Beneficiul Interest in Burrower. IF all ur any part ut'thc Pn�prny or any intere,t in ` ��
<br /> - it is tiold or trun�fcrred (or if a txncfirial intcrc.t in B��rrowcr i+tiold or tramfcrtcd and Borrowcr is not a natural person> �
<br /> without Lrndrr;prior writtcn con.ent.Lcndcr m:►y,at it.uption,rryuirr immcdiatc paym�nt in full uf all �um�ucurcd by
<br /> � thiti Security In.tniment. Howcver, thi.aptiun tihull not be cxcrcixcd by Lcndcr if rxerciK i.prohibitcd by fcdcral law a+of � --
<br /> ; _ the dute of thiti Security In+trument. `
<br /> . If Lrnder cxcrrises thix option,Lrndcr�hall givr Bnrc�iwcr natire of accrlcr.�ti�m. Thc notire shall providc a pern�d of �.`'
<br /> ' , not Iexti than 30 days from thc date th�nutir�i�delivend or mail�d a•ithin which Burrawrr mu�ct pay all.um�.crurcd by this i
<br /> - Security Instrumcnt. If Borrowcr fail, tu pay thrx .um�prior to the expiratiun af thi��xrial, Lemkr may invoke any �
<br /> � rcmedies pertnittrJ by tNi�Security ln.trument without furthcr nuticc ur Jcmand un Borto�►cr. f
<br /> ;, 18. Iiorrower's Ri�ht to Reintitute. If Burmw•cr m�et. rcrtain condition�, Borru�err .hall ha�•r thc right ta ha��c
<br /> L enCorcement of this Security Instrument ditiruntinurJ ut any timr prior to the rarlier af: tal 5 Jay�(ur wch other Fxrn�as j
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