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<br /> __ condemnution or dtleer tnking af any part af tkm Praperiy,or for a�nvcyanca in licu af candcmnatiotb ato hereby assigned and
<br /> -- - shall he paid to Lender. �
<br /> In the event of n eota! tnking of the Property.tRa praceeds shu�l be applicd to titc nyms at�ured 6r tiiiy Sccjt;iiy
<br /> _-���s� Inswment,whether or nat then duc,with cuey exresu paixt ta Borrowce. In tho cveN ot o gartia!tal;ing oP thc Aroperty in
<br /> — which the fair maticet valuc of the Praperty imrnedlatety before�ho toking Is cqual tu or gccuur than tt�o nmount of tl�eums
<br /> .::.:. :.:
<br /> :t:�.�.,+.—��,_;,�M1;,,� servmd by this Security tnst�umens immediately before tha tuking.unless Barrower and Lender athenvlse ug�ra tn wdt ng,
<br /> _ ���',:� the sums secured by this Seeurity L�swment shnli be re�uced by the a�no�nt of t��grwc.ds n�ult�plitd by the fo!lawiaE � --
<br /> m_:r�;�=;�.� frnetIan: (a)the total amouns of the sums seiuted immediately befo�+e the talcing,divided by(b)the fafr mat9cet vuluo of the
<br /> : '�� Propeny Immediately before the tnking. My balance shall be paid t�Bottowtt. In tha event of u partial tnking of ths
<br /> =r•:.�:';'s;�:ti,�':� ` Property in which the fair market vnlue of che Propeny immediatety beforc th�:tui.ing ia less tti�the arr�aunt af ths snnss =--
<br /> "f"`' .'°��i�• � secured fmniediately before the ta4cing,unless @orrower artd Lender othenvise agea in wciting or unlesa applicuble law _
<br /> � �, otherwise pruvides,the pinceeds shall be upplied to the sums secured by this Security Insuument whether or not the sums ctne _
<br /> '' •- . then due. -
<br /> If the Prope�ty is abandoned by Bomower.or if.ufler notice by Lender ta Bo�awer�hat the condemtaor offers to mulce � - _
<br /> . an uwnrd or seule u daim for dama�es,Bomnwer fails to r+espo�td to Lender wlthin 30 driys nfter dte date the natice is given. _
<br /> ' . [xnder is authorized to collert ac�d apply the pror,eeds,ut its aption,either to restorat lan or repair of the Pro p e rt y or to the —
<br /> � sums secured by this Sucwri.ry Ensueacrten�whether ar not then due. _.
<br /> Unless Leznder a�ed�o�ower ottr.�nnrise ae,aae in wcidng.any applfrntion of ptaceeds to gii.nccgal st'tall�.o�aztend or _
<br /> . postpone rt@e due date of E14e�onthly g►ay�eeats refemd to�in pasa�apha 1 nnd 2 or chenge the u�nmv.aa of s�ch pcny�.nes��s. ---
<br /> IlD. �aaro�� N�II R¢OQasea�9: �va�r•ecae� �p ll�id�rr Not a Waiver. Extenseon of de� am� foi pay►iaent or _
<br /> modiRcation of�ctt�rtim�iQn of tR�2 sums ssewnad Gsy this Secunity 1.nsuument grunted by Lec�der uo any siu�fn cQterest � -
<br /> ' of Bomower shaDl nat�xra*.¢to celease the Ciabilnty of e�e origi�al8oiroeve�or�omn�yer�s�cc�essp�s nm imer�l.t�r �,�.,.
<br /> shall not be �equite�to ca�nenemre proceedings against any sv.ccessor in nntesesi mr refuse to exce¢ed ticRCe for payment or
<br /> �, otherwise modify amoctizadon oi t�rx sums secured by this S�cnnrity Instru�rt�m�y reason of any demamd cn�d'e by the originnl
<br /> � Bomnwer or Borrower's suxessors in interest. Any forbeararece by Lender in exencisin�any rigi4t mp re�e�iy shnll rtoi be a
<br /> � waiver of or preclude the exencise of any right or ieanedy. �'��
<br /> 1�. Successors and Asslgns Bound;J��mII�ua�SYVeral Liabiltty;C�i�aeas. The rnvenamts and�p.reements of this �"
<br /> ' � „ Security inswment shall bic�d and benefit the sucar�aors and assigns of Lend�eQ arnd Bomower,subD¢ct tm the prnvisions of �_�
<br /> p a r a g r a p h 1 7.B o m o w e r's c o v e n a n t s a n d a g�e ement�:hall be joint and several./\n y Botrower whm ca�dgns thjs Sec�uity
<br /> Inswment but does not execute the Note: (a)is ccn-sigoing thi�Security instrument only to mortgage.geat�t and convey thut ^�
<br /> Borrnxer:intenest in the Property un.�er the terms of this Secua�at}•instrument; (b)is not petsonally obligated to pay the s�ems '.F:
<br /> � serum�Ia�this Security Inswment;aoc�(c)agcees that Lender and any other Borcower may agree to extend m�fY fo�r ��
<br /> • „ , . or ma6;e any accommaiations with mgard to tEee tetms of t�is Securiry InsQtument or the Note without that Borrowes'� .:.�__
<br /> ._ , -- r�:�::. �� -
<br /> � ' 13. Loan C�es If the loan secured�n�� +:his Secumty InstrumemII is subject to a law which sets mauimum l�aun �{,�s�:
<br /> � . chacges.�nd that law is finally inceelrsnied so tC�ac n6�e intecest or aeNer loan charges collecte�or to be colkcted in wr�mxc¢�a►� -�_
<br /> ' with the:�aan excrxd the permitted iiematc,then: (a1 any such loan ct4erge shall be reduc�d b f the amonnt necessary to m.�da��e �,�.
<br /> . �� • the chacpe 2o the permitted limit;and(b)any sur�s already collec[ed from Bmrower which exceeded pemtitted limits x e17'tnr -
<br /> refwtded to Bomower. I.ender may choose to mah�this refund by reducing the principal owed under the Note or by makiag a
<br /> direct payment eo Banower. If a refund mduces pn;.incipal,the reducaon will be ucated as a paRial prepa�.-e�eent without any
<br /> � prepayment charge undee the Note. "
<br /> 14. Notices. Any notire to Borrower provided for in this Securiry Instrument shall be given by a7ciivering it or by
<br /> mailing it by first ciass mail unless z�pplicable law requires use of unother method.T1ie notice shall be dirocted to the Prope►iy
<br /> Addcess or any other addtess Borrower designates by notice to Lender. Any notice to L.ender shall be given by fust cl:as.a
<br /> mail to L.ender'.s addrrss stated herein or any other nddress Lender desi�nates by notice to Borrower. Any ciodce provideca�'or + .
<br /> in this Security Instrument shall be deemed to huve been given to Bama•�r or I.ender when given as provided in this
<br /> . . ParaBraPh.
<br /> 15. Govee�ning Law; Severability. This Security ]natrument sfiall t+e ���v�med by federal law av�d aCee law of the
<br /> � jurisdiction in which the Property is located. In the event that any provision or clause of the.Securiry Instrvment or the;�ente
<br /> � conflicts with applieable faw,such conflict xhall not affect other provisions of this Security p::.imment or the Aiote whic[t cs�n
<br /> be given effect without the conflicting provision. To this end the pcavisions of this Sc�ur�ry Insuumema and the Note are
<br /> declared to be severable.
<br /> 16. Borrower's Copy. Borrower,hall be givrn one conformed copy of the N ote and of this Security ]nsdument_
<br /> 17. 'IY�ansfer o�the Property or a Beneficial Interest in Bor�ov`er. if all or any part of the Properey or any interest in
<br /> it is sold or vansferred tor if a beneficial intere.t in Borrower is sold a transfemed and BorroN�er is not a natural person)
<br /> without Lender's prior written conxent.Lender may,at it.option,require immediate payment in full of all sums secured by
<br /> this Security Instrument. Hoa•ever,thi.option�hall not be exercised by Lender if exercise is prohibited by fe�eral law as of
<br /> the date of thix Securiry Instrument.
<br /> [f Lender eaercisez this option,Lender sha�[�a�t e Burn�v►er notire of a�rrlerstion. The notice shall provide a period of •rf4Z
<br /> ti•;� .
<br /> • ��:. not less than 30 days from the date the notice i,d�bi<<red or Troailed a�ithin�+hich Bcxrower must pay all�ums secured b�theis f�,,.
<br /> ���.�;: Securiry Instn►ment. If Borm��e�!��il> to pa� the�e ,um, pai+�r to the expiratiora uf tl�i� E.rriod.Lender may invmke a,ny � • .•,
<br /> , , remedies permitted by this Secuntv.6nst*ument u i,hout funher natice or dem;und om Burrowc r.
<br /> ' a 18. Etorrower's Right to IPeia�tate. �f C�.�rmwrr meets certain cc�ndotion�,Burtv�►rr�hal1 have the right to have
<br /> enforcement of thiti Security Inutume�t di�rc�a:ir.ued at:sny time prior to ahr carli�r ot_ �a 1 S day+ (or snc�h other period as I
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