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<br /> f u� 'e�`� �condemn�tion or other taking of any part ot the Propen}t.ar far comeyaaoe in lien of cd�nc�snnation.are here6y assignad st� �
<br /> � �"...:�'�' ' shall be paid to ix�der. � � , . .
<br /> ``. -'�} ;,�:`-: In the eve�of a wial tnldng of the Ptvperty,the prooeeds'si�ai�be appfied to the sums sesuted 6Y tt�is Security _
<br /> �j'�` ` � ``' t,� . re�►n,en�_�wltether or nof then due�witt��ny exoes�paid to Borrower. In the eveat of a pa�al taking af dt�Prapetry i�f , ".
<br />:-L `i > ', °`�"� aluch the fair martcet value of the Ptoperty imsaediately i�fera the takusg is equa},ta or geaser'than 4`te amomit of t�t sums � �.
<br /> -- , r .^_E-`: `° se�tted by this Se��ity Insrivaieat imme�ately befoze the atsin�,uaiess Boaower aad Lead�r othe�vise agree in wr•itiq„r', �.
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<br /> �- �• the sums s�cured E'ry dus S�uiry insmim�t st�all be red�tced hy the amuuat of tt�grooeeds maItiplIed by the fm�S4wing '
<br /> � '' ` ` �uCtia� f�3�•,tsatal amountaf tt�st�s seaued imrt�diazelY 6efoie tke taking,divided bY Ib)ttte fair mari�i value of t�se ��
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<br /> -�... _`: 'property immediatelg 6efare the taking. Any f2alaace shall Urz paid to 8arrower. In the event of a partixi tt�idng aa mc —
<br /> �;:.' ' :;�`:�, ,,` B'topestY.in ahish the fair raarkei vahte of t�e Pcoperty imm�iatelY Uefare the taki�g is less than the amuunt e3f dis saros n ' r'..
<br /> y.,:.-- L- .;�� -�<. ` , . y m writing or untess applicabk 1�R: .
<br /> :r.�-rt'r:.�-:;`:;---..., � secared icamediatel 6efore the`taking,unless Borrnwer and l.ender othe�+ise agee '
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<br /> _--__��,��;a�� .-. • oshelwise�rqvides,the psoceeds sLaD 1�e agplied w the swns sec�tted by this Seciuity Instnma�nt erhe.�er os nnt the su�s"�+e_-
<br />�'i��` ';.'. r' � then due. . • � . . .
<br />-µ .{.;. •. <...._:;,.,� . . ��e pt+npetty is ahandaned by Bmrowar.ar if,after not�ee 6y Lender to Bairocver that the can�maar offoss to mdoc =
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<br /> �r=^*�� �. '^ ` an,awai+d or seuIe a ctaun for damages.Bcm�ower fa�s to respond to Lxad'ar within 30 days aRe�the�ate the notice is gi�ai.'
<br /> --- �?»�� 1Lender is auth�rize�2 w collQCE.and apply the proceeds,at its opiion,either w restnration or repair of the Peopeaty'+or`�a it
<br /> � ; :.�.6,f . . su�s seca�by this S�urity Instnmment.wheihsr os not th�¢ne. � . •,
<br /> r= `�::• � . iTnless I,eoder anA Bosmwer atherwise a�ia writing,anY aPPli�tioa of pmceeds to psmciPal shall.mt t�tm�^'
<br /> �•� .. - ,postpone the due date of the monthlY Faymenis cefi.�ned to in patagrapbs 1 aad 2 as cfiang°the amotmt of sacs�rayaaet�s� -
<br /> �- -� • ' •.`.• . : , 1L �asro�tr Na! Rele�seA; k'arbe�s8nse By Lcades Nat a Waive� �sion of the tiate f��-�-.
<br />-:�?°...� ..� ... . b I.ender W suc�or iti:_
<br />:�--, ``.`;� ; t . . � modifiration of amortization of the sQms secaced by tHis 3�uiry tnsuumient gr.�.� X �Y —
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<br /> �;_`;.•; ...:•:,�.:..�.-",; of Bonower shail aat operate to�elease the liability of the ariginat&mawer as€$orsowerts succxssots iu i.�:'z�est.•!._—_
<br /> " , shalt nat 6x zeq�d to catnmence p�ings ao inn az►Y su�or in interest or refase m eatcnd time fair PaY�et
<br /> � � _� ` atherwise modify amvr��anion of the sams se�uied by ti�is Sec�}r insu�nneat[ry ceason of any made by�=— �
<br /> -- �i , _ ...._... ._. w • en.inte�est_.An �o . b I.eader in eAercising anY �y`a' --- _
<br /> .. .,. B9rtowec-or�Barto erss�c�essors Y-. ._....--- Y. ..... .... . . ... - . . . -
<br /> rbearance
<br /> ' . ' waivei of or pr�clude the exetoise of any right or cemedy. � .��venants and agreeabrnts. } �
<br />_- ,� . � 12. Sa�ars aad Assigns Bound;Joint aaA Several�ai�iiity,Co-s�`ga °� � .:
<br /> , ' . Secvrity I�nsuament shall bind and UeneSt thc sacressms and assa�us of Lender and'Boirower.subject ta the.prrnisx+m��ei�;'
<br /> . parag�aph 17.Barmwers covenants and agre¢ments shail be joia¢�d severaL Any Boirower who rasigas this Sec�sn�. . _
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<br /> -- ,--- Instnimeat bat dces not eseaue.the Note:_(a)is co-sigmng this Se�euity L�strament aniy to mortga$e.g�n1 aud coaFeY t� -
<br /> . Bonower's it►terest in the PropeRy under the te�ins of this Soc�cry I�sdvmen� (b)is not personaity obli¢�ted to ps}s tt�s�s ,.
<br /> � ` .. sertm�by t�is Secmity Instrumen�and{c)agrees dmt I.ertder and aay other Bosrower mayr agree m eacead.�od�fY+fabaat'•�.,:,�t_:
<br /> � �' • � or make any accormnadations witt►regard to the tenns of this Secuiity tnsrmmeat gr the Noie vuitha�u sfir�Bormwra's
<br /> •'• ;. ' �,a�� eon�ent. ,
<br /> t�. :. ' ?:;, If the Iozn seca�ed b this I�.�ntment is sub,�ect to a law�rrhich scts maximum IOa� . . •
<br /> : ���,.. 13 Loan C6arg+�. Y ��Y
<br /> . • �'`�`�ss': , charges.and that law is Cu�ally iater�h�t�xt so that the intenst or�r Ioan chazges collerted or to be oallecied in��.��t, _. . .
<br /> �;:>;:�_.. . �'' • �vith the toan exceed the�azrmitted�iss,then: (a)any such loan cI�arBe shall be tedaoad Ev�r the amount aeoessary to rd�i,YJ:. • �
<br />- .�• °i . . � the chazge to ths permic�l li�ii;and(b)anY sams alceady collerted fram BomoR�r which eaoaeded pennitted limmts w�l if�. ' .
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<br /> `�'����'�• � tefimded to Bor�uwer. [1;nder may choose w make tttis cefund Isy teducing the principal owed under the Note or by maYiag a
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<br />_�'::_ '�f...:. . • � di�t payment to Borrower. If a refunb reduces princiPal.the ceduction w�71 be ueated as a partial prepayment witho�am�
<br /> '':.,. ,• , . P�Pal+ment ch�rge uader the Note. , .' � :
<br />�-ty�. � � . �. ' 1�. 1�IoHcea. Aay nodce to Bocmwer provided for in this Security Inswraent shall be gjven by delivering it or by .
<br /> mailing it by first ciassmail unless applicable taw cequires use of another method.'[4►e nouce shall be directed to the PrapertS► ,�
<br /> - pdd�ess or any other address Bormwer designates b�noSce w 1-ender. Any notice to Lender shall be given Isy fnst class .
<br />��'Y�t•��y'�,.L.iI••'tT•. � ' - ma7 to I.ender�s address stated herein or.any other�Fress Lender designates by notioe to Bo�rower. My notia provided fot . .
<br /> °F,. :`��'..- ..',��,� in this Security lasmunent shaU be�med to have 6een given.to Borrower or Lendet when givea as pmvided in this
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<br /> �, ,,: ,�t,. �5. Goveming Law;Severa6i?'ity. 7Y�is Secvrity Instiwn�nt sLall be govemed by federal law and the law of die
<br />;+�n�r:n�`;�'•��=:: :;�,�;�-a% �- J��aon in which the Ptopzcty is lacated. In the event that arry pcvvision ar claose af dus Secu�iry Insw�rseat Oc the Note
<br /> �-�. . ... . ...vf. conflic�s with Lcabii taw.sach conflict shall nat affect other ptoviJi,nn�nf tt�is Security L�struinent or t�i+lbie which can
<br /> �3�1r'j'W� . � . - �•
<br /> °�_,�,s,k�,. : '' ' �giveta eff�t witho•�tlie conf]icting provision. To this end th�t provisEascs of this Sezuriry Instrumert and the Note aie
<br /> �., ., ." . :`;..,•.,(., .
<br /> •�,,;r�,�.'. deciated tn�e severab2e. .
<br /> -�-. �-. ,� 16. Borrawer's Copy. Boaower shall be given one confoaaed copy of the Note and of this S�ity hu�nent. .
<br /> =�r . . , 17. 7lransfer of the property or a Benefcda1 Interes!in Borrower. If all or any Qart of the Praperty or any inter�L fn _
<br /> - � ' � � it is sold at transfetred(or if a beneficial interest in Bonower is sold or transfetred and Bmrower is nat a natural pe�son)
<br /> .' . ' �• without L;ender's priar vrriva�conseni.l.ender may.at its option.require immediate paym�nt in full of a!!sums secured by
<br /> . . '. . . this Secauityr InsttumenL Howevet,this opdon shall not tie exercised by Lender if exerczse�s pmtubited by federal!aw as of F
<br /> ,� �, . . the date a#ttus Secm�iry Instnunen� �"
<br />-�` '` �. If Lender exencises this option.L,ender shall give Borrower noiice of acceleration. 'Ihe rtotice shall provide a pe'riod of �,
<br /> � ' not less than 30 days from the date the notice is delivered or mailed within ahich Bmrower must pay all sums secared lry this r
<br /> ..��•� : ' • S e c u i i ry t n s w m e n t If Bomnwer fsuts to pa y these sums prior to the expiration af this percad.Leftdet may invoke aay -
<br /> retnedies pemutted hy tlus Secvriry Ireswmeni without further notice ar demamd on BormweT. � �
<br /> ,::�.=•.. ' ' !8. Borrower's ltigEt to Reinstate. If Boavwer meeu cenain conditions. Borrower shall have the�ight to have t
<br /> .;� , enfarcknic�st of this Security instrament discontu►ued at any ti�e Prior to the earlier of (a}5 days(or sach other period as � �
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