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<br /> ,r„��;�.:� condemnation or other telcln�af�ny part oY t1�e Pra�r•;.or ior canveyAnc�In iieu of cumiamnailsm.�ue hero�iy ass}�ea und �
<br /> - shnll i�pafd to Lender.
<br /> — -����'..��:A;�� In►2te Event of u wtu3 tt�ki�r�af the Pro�tty. tlts roceeds°h�l1 �: applled !o the cums E?rare-d by this Security 6
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<br /> -- Insuument,whether or not thIIn due.wlth any cxcesa paid to Borrower. Ir�the event of u par4iat tuking of Ghe Property in
<br /> � �T.�"'�` which the fuir market vutue of tlia Rmperty i�medluYely befor+e tho tciking la equnt to ar}�ter thur�the nmouni of the sums _
<br /> �'-'`'y � ' ""' '' secured by this Securlty Instiumant immecflntely boforo ttte taking,unless Aarrowor su�d Lender othenvIso agree in wrt�ing,
<br /> ;=�r;=n±wrr��^;- the sums secured by tltia Sesudry lnstrumcnt shall be reAuced by the umount af the proceedA multiplied by the following _
<br /> �'� ` frection: (n)the totnl amnunt of the sume sec�red lmmediately before tho t�kin�,div�ded by(b)the fufr mark�t value of the L:�LL-
<br /> .''��""{•`<''�;:`;;;"�'' Property �mmediately before the taking. Any balartce shell be paid to Bomower. In Ihe event of a puNal taking oP ihe �
<br /> ,;a,���.,•.. • ... �
<br /> __. �., � Pfroperty in which the falr marlcet value of the Pmperty immedistely befoc+e the teking is less than the amount of the�uma
<br /> secut+ed immediately before the taktng.uni�.ca Borrower end Lender othenvlse agtee in writing or unless nppUcable taw `:W""'"
<br /> ,`��: `:'` � othenvise providc�.the proceeds shall be applied to the sums secured by chle Secudty Instrument whether or na the sums nt�e
<br /> � then due. 6.=:.�
<br /> Jf che Pmperty is abandoaed by Borrower,or if.after rtodce by Lender to�orrower that the condemrtor offers to make ""=
<br /> sm u�vard or settle a claim for damages,Bonower fnils to re�pond to Lender within 30 days after the date the nottce is given, �
<br /> 4.�mb�r is authorized to collect and apply the proceeds,ut fts optlon.either to restoratian vr re�air of the Property or to the _.
<br /> ' se�ms secured by thia Securtry Insuument,whether oe e�ot then due. °__-
<br /> nJnless Lender and Borrower othenvfse ugeee in wrieen$.any application of pmr.e�s to grrirtcig�e,�shaU not extend or �'=-
<br /> �st�rone n�te aue date of the monthty payments refemad Yo in p�ragrap9es 1 aad 2 or ch�c�e¢he arrtoura�of such pnyments. �'F_'`
<br /> IlD. ID�¢va�mrev Nat Released; Forbcarm�¢ l�q Q.¢m��e� NmB A 6'dla6ar¢� ExaensiQn ofr¢14e timv far payment or �
<br /> � modi�caeion o4'ur►ortizadon of the sums secured by tPiis Socurity lnsuumenY granted�y Lertdza to z�m}successor in intemst �`
<br /> • �' of B�rro�ver shull not operate to n�leusc the linbility of the on�dRal Bocrawer or HoaroweQt suc�ssars in tnterest.Lender �.
<br /> - " shali rtot be reyuirad to commence proceedings against any saccessar in interest or sefcose tn eaBen�dme for payment or F:��
<br /> otherwise madify amortuation of the sums secured by this Security Inswrt«nt by reason of any demun�made by the or�gtnal --�"'
<br /> Borrower or Borrowert successors in interest. Any forbearartce by L.ender in exercising any right or reinedy shall not be a � �
<br /> waiver of or preclade the exercise of any ri�ht or recrtedy.
<br /> ,�^; Il2. Successors and Assigns Bound;Join4 and Sevea�a�LIabil[ty;Casig�ers. 'Rie covenants and agreements of this =u
<br /> ;;:,;;; , ': S�cuaity Insttument shall bind and benefit the successors aRd assigns of l.ender and Borra��-�r,subjeet to the provisions of t:: .
<br /> . ,�,;;;F ` p a r a g r a p h 1 7. B o r row e r�a cove n a nGs nnd a greements shall be joint and several. M y Bor�±�•er who co-signs this Securiry
<br /> '. Inswment but dces not execute the Note: (a)is co-signing this Security Instrument only ta�mottgage.grant and convey that
<br /> .• Bocrower's interest in the Property under the terms of tt�is Security Instrument; (b)is not peisanally obligated to pay the sums _--
<br /> � , secured by this Security lnstrument;and(c)agrees thut I.ender and any oth�r�ocrower ma�agcre to extend.modify.forbear ;,K;_
<br /> —• � � or make any accommodations with regard to the terms of this Security Instrument or!rne Note without that Borrowerk �
<br /> consent. �
<br /> 13. Loan Cha��es. [f the loan secured by this Security Instrument is subjec¢ to F Iaw which seu maximum loan -�
<br /> - �> --�� charges,and that law is finally im8erpreted so thxt thc interest or other loan cnarges coniected or to be coilocted in c�nuiociiw °
<br /> •• � with the loan exceed the pertnitted limits,then: (a)uny such loan churge shall be reduced by the amount necessary to reduce -
<br /> � [he charge to the permitted IimiC and(b)any sums alreudy collected from Borrower which exceeded pecmItted limits will be ...
<br /> ' refu�cc°.ed to Borrower. L,ender may choose to make this rcfund by reducing the principai owec!under the Note or by meking a
<br /> � ;;�;::;,� dircY:t:payment to Borrower. If a refund reduces principal,the reduction will be treuted a:+i partial prepayment without any -�
<br /> , . prepwyment charge under the Note. =�
<br /> " 14. Nottces. Any notice to Borrower provided for in this Security [nstrument sh�! be given by delivering it or by =_-
<br /> ' , mailing it by f rst clnss mail unless applicable law requires use of another method.The notice shall be dirocted to the Property ""
<br /> . , �� Address or any other address Borrower designates by notice to Lender. Any notice tu Lender shall be given by first class —
<br /> • ;,r�,.�, mail to l.ender's address stated herein or any other addre..Lender designntes by notice to 8orrower. My notice provided for '�`-
<br /> �r°::s c•, in this Security Instrument shall be deemed to have been gi�en to Borrower or Lencler when given as pmvtde�in this �
<br /> •�;+';;;•'� , � paragraph.
<br /> . •� 15. Governing I.aw; Severability. This Security Instrument shall be govemed by federal law and the law of the
<br /> ' „ jurisdiction in which the Property is locnted. In the event that uny provision or clause of this Seeurity Instrument or the Note _-
<br /> � � ,: conflicts with applicsble law,such conflict xhall not affect other provixions of this Security Instrument or the Note whieh ean --
<br /> : •� '.';t�;•',::l, be�n�:tn effect without the conflicting provi+ion. Ti�thi.end the provisionti of this Srcurity Instrument and the Note are �'�
<br /> �,.i:;,y�,; decicir:d to be severable. .
<br /> � • ' 16. Borrower's Copy. Borrower.hail be given one ronformed copy of the Note and of this Security Inswment.
<br /> �- � 17. 'IFansfer of the Property or a Beneficial Interest in Borrow•er. If ail or uny pxrt of the Propeny or any interest in ,
<br /> it is sold or transfeRed tor if a heneficial interc�t in Borcower iti�old or tc.ansferred :md Borrower is not a natural person)
<br /> � without Lender's prior written conscnt.Lender r:iay,at it+option.r�yuire in�mediate payment in full of all sums secured by
<br /> ., ,. j this Security Instrumcnt. H��wever,thi,uptinn.hall nut Ix�ae�ri>ed by Lcndcr if excrcisc is prohibited b}�federa!law as of
<br /> � the date of this Security Instrument.
<br /> � If Lender exercities this option.Lender.hall give Borrower notice af acce�erutivr. '1"�ne notice shall provide a peri od of
<br /> , not less than 3Q ua}�s fmm the date the notice iti delivercd or mailed withi�-+�:ich Borro«cr must pay all�ums secured by Ihis
<br /> Security Instn�menc. If Borrower fails to px�. thetic xum. prior to thz expiration ot ihi, period, Lenazr may invokr uny
<br /> remedies permiued by this Securiry In.trumene u;thout further noticr or demand on Bon�wer. I
<br /> lS. Borrower's Right to Reinstate. lt'Borrower mcei� certain conditiom. Ba�rr,;�«tr xhall have the rishe tr. have �
<br /> '. enforsement of thi�Security Instrument ditirontinued at an� ume pric�r to the earlier n;�� ;:�,S dayti(or such other Fc•r:.�d as
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