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<br /> __ --" condemnntian or othcr tukin�of uny part of the Pcaperty,ar f.�r conveyun�c in licu of candcmnution.Lrc horcby ussigncd und
<br /> Ahall bo puid toLender.
<br /> In tlsc sticnt of a total tnking of the Propeny, thc pnxceds shall bc applied to the�umR sccurcd by tld$ Securlty
<br /> lnstniment,whether or not then due,with any exccsy puld to Barrower. In the evcnt of a partiul tuking af the Property in
<br /> � whlch thv falr market volue of the Praperty Immediately beforo tho tuking ie eyunl to or greutcr than thc amount of the rum�
<br /> —_ Fecured by thiti Securlty Insqument immediately bc:fore the tuking,unless Bormwer und l.ender otherwis@ ugree In writing,
<br /> _ � thc sums se.�uned by this Sccurity Instrument shsll he reclucrci hy the nmount of the praceedx multiplied My the foUc►w(n� �_- -___--__
<br /> fraction: (u)tho totul umount of the sumA secured lm�mediutely befom the taking,divided by(b)the fair murket value of the
<br /> ' Property immediutely before tho takinII. Any baluncc shAll bc puid ta Barrower. In the cvcnt pf a partial taking af thc
<br /> .�'� Property in which the fatr murket value of'the Praperty immediutely before the tuking is Iess than tho umount of the tiuma •
<br /> _ secured immediately before the taking, unlesg Bartawer and I.ender otherwisc ngrec in writing or unless applicubl� Inw
<br />_,;�,. otherwise provides,the proceeds shAll be applied to the sumx secured by this Serurfty Instrument whethcr ar not the sums are
<br /> then due.
<br />� . If the Praperty e�abandoned by Barrawer,or if,after natice by Lender to Borrowcr thnt thc rnndemnor offen�to mnke __
<br /> an award or settle a claim for damages,Borrowcr fniis to respond to Lendcr within 3Q duys after the dnte the notice is given,
<br />- Lender is nuttarized to collect and apply the proceedti,at its optton.etther ta restarntion or repafr af the Pmperry or w the
<br /> �, t • sums securcd 6y this Securlty Instrument,whether or not then due.
<br /> JUnless L.ender and Borrower otherwise agree !n writing. nny upplicatian of praceeds to principnl shall na extend or
<br />= postpone the due date of the monthly payments referred tp in purugraphs 1 xnd 2 or change the amount of such payments,
<br /> � 11. Borrower Nat Releaseds Fbrbearance By I.ender No3 a Waiver. Exteaston of the time for payment or
<br /> ` � `°=� � modification at amortizatlon�f the sums secured by this Secu�ity Instrument granted by Lender to uny successor in interest
<br /> ��=::..Y.-.. .. •
<br /> -=-- - v�I3uiia�wc� aiuili�wt upc�atc l�ro�ca�c i�tc DiaLiiiiy ul'iltc wigittai Bw�uwci ei L'.;ij'.;w:.i�ouCC�ss:1i:;3r. lriter:.sl.F.Cii�.f --'-- - -
<br /> ��1�6�12. .. shall not be required to commence proceedings agninst any successor in interest ar refuse to er.tend time for payment or
<br /> ,,;,...x.,•� ' .
<br /> otherwise malify amonization of the sums secured by this Security Insuument by reason of any demcind madc by the original
<br /> - Borrower or Borrower�s �uccessors in intcrest. Any forbesrnnce by Lender in exercisIn�uny ri�ht or remedy shall nat bc a -
<br /> , '.°`%:=:':`.� �� waiver of or preclude the exerclse of uny dght or mmedy.
<br /> . � 12. Successors and Asstgna Bound;Joint and Several I.tability;CasiAners. The covennnts and agrcements of this
<br /> �'' Secudty Instrument shall bind and benefit the successors and assigns of l.ender und Borrower.subject to the provisions of
<br /> � ��„�- ' paragruph 17.Barrowerk covenants und agreements shall be Joint und several.Any Borrower who co-tiignF this Security
<br /> instrument but does not ezecute the Note: (a)ix co-si�ning thiti Security Instrument only to mortgn�e,grant end convey that _ _
<br /> � Borrower�interest in the Property under thc tcrms of this Securiry Instrument; (b)is not penonally obiiguted to pny the sums °_-
<br /> • secumd by this Securlty Instrument;und(c)u�ree,that Lendcr und uny other Borrower may agrce to extend,modify,forbenr --
<br /> � � �._
<br /> - �-=-====�=-� � --� or mal:c any accommodations tivlth regard ta the terms uf this Security Inztrument or the Note iyithout that Nnrmwer'c ----
<br /> -1 _._-• -.
<br /> coment. ��s;�:. �
<br /> � 13. Loan Char es. If thc lonn xecured b this Sacurit (nstrument iti sub ect to u law which sets muximum loan �'''
<br /> � Y Y 1 �?���.;..
<br /> .. •� churges.and thst law is finully interpreted so thut the interest or other loan charges collected or to be cotlacted in connection ----�.
<br /> , with the loan exceed the permitted timtts,then: (u)nny sucli loun churge shull be reduced by the amount nccessary to reduce ;,'^;'�+��
<br /> the chur�Ge to the permitted limit;and(b)uny sun�s ulreudy collected from Borcower which exceeded permitted limlts wiU 6e "'`''`s.±: •-�
<br /> '� refunded to Borrower. Lender muy chooxe to mukc this refund by rcducin�;thc princip:il owed under the Note or by rnaking a %'��:=
<br /> . ' direct payment to Borrower. [f a refund roduces principul,the reduction will he treuted ux u pnrtiul prcpuyment without uny :•
<br /> , rrl p�epayment char�e under the Note. '
<br /> �� � 14. Notices. Any notice to Bonowcr provided for in thix Security Instrument shuU be �iven by deliverin� it or by
<br />_ mailing it by fint clusti mail unless uppliruble luw reyuirex usr of unother mcthcxi,The naticc shull be directed to the Property
<br /> - °•� . Addmss or any other uddm+. Horrower desi�!nate,by notice tci I.cnder. Any notice to Lendcr xhull bc given by�nt clu�+ -
<br /> ' mAil to Lenderl address ti►atrd hrrein or any athcr nddres.Lendrr dr.ign�►tes hy notice tc�Bc�rrc�wer. Any notice provided fnr
<br /> � � � in this Sccuriry Instrumcnt shall tx Jcemed tu hi�vc Ixrn given tu B��rrowcr or L.cndcr when givcn us provi�k:d in thiti
<br /> �. paragn+ph. � .
<br /> 15. GoverninR Luw; RevernbiUtv. Thi. Securiry Imtrumcnt .hull hc govemed hy tedcrul luw und thc luw of thc _
<br /> ' � jurixdictian in which the Pmpeny is IcxuteJ. In thr rvent that any pruvitiion or cluu,r ot'this Srrurity Imtrument or the Nac • �=
<br /> �' ' conflicts with applicublc law,sunc�unflict xh:dl not aftirt uthcr pruvisions of thi�Scrurity In,trumrnt or the Nc�tc which run "
<br /> . � be givcn cffcct withaut thr contlicting provi,iun. Tii thiti rnct thr pruvi.iun. ui'thi�Srruriry intitrw�icnt unJ tl�r Nutr aic
<br /> ' declumd to Ix hcvcrublr. �
<br /> 16. Borrower's Cupy. Borrowcr�hall hr given un�runtimncd ropy uf Ihe Notc and cil'Ihiti Srrurity Intitrurnen�.
<br /> 17. 7t�aa�fer of the Propertv or u liencticia! Interest in Borr���rer. U ull or any p.�rt�d�the Property<tt uny int�rc�t in
<br /> it i.tiold or tran�tcrrcd tor if u txnetiriul intrrr�l in Hocru��rr i��old ur trantitcrrcd and E3urrowcr i�not u natural per,oiU „
<br /> � without Lendcr'ti prior written con.rnL I.cndcr may.at ith<iption.rrNuirc innnrdit�tr p:�ymrnt i�z full af ull tium,,ecured hy
<br /> thi�Security ]n�t�ument. Howrvrr,this�iptian+hall nui Ix rxrrci.ed hy l.rnder if rxerri.c iy pruhihitrd hy tcdrral law as of
<br /> • thc d•rtc of thi.Sccurity Inxtnnnrnt.
<br /> If Lcndcrcxcrcisc,thi.apti��n.Lcndrr,hall givr Hurru��rr n�rtire ul':irrrler;uion. 'fhe nuticc�h;�U provide a�xriud of
<br /> � nnt Ics�than 3(I duy+from�hr dutc thc rn�tice i+dclivcrrd ur m:iilyd�cithin whirh Burru��•rr rnu,t p:��•ull.um.�rrured by thi.
<br /> • Scruriry Instnim�nt. If A��rrowcr fail, tu pay th�,r ,unn priur tu thc rrpiratiun i�f thi� �xri��d. Lcndrr may invukr nn�.
<br /> remcdics perniiucd by thi�Srrurity Dntnuncnt u•ithcmt lurthrr n�nirc�,r drmand un B��rr����rr.
<br /> ' • 18. Bi�rrower's Right to Reinstute. U BurroNer mcrt� cert:►in cc,nditiun.. 13urru�+cr .hall havc thc right ta ha�•c
<br /> �
<br /> , enti�rcemcnt af thi.Sccurity In}trumrnt di,ci�nti�iurd:u.m�•timr pri��r tu the earlirr ul': r.0 S it:�}� 1ur.urh uthrr�xri�xi a.
<br /> tim1:lr 1•.uml�--fnnnlc�1nNFrcddlc�1nc t\1F<)N\I I\�'1'N['�1F:\'1'• l lid�mn t'u"n:�m, 9iY11 �p,i�rJ.�/�,p,i¢ru
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