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<br /> candemnution or other tuking of nny piu't of th¢ProinrtY�m'for conveyance in lieu of condemnadon.ace hereby uanigned und
<br /> �hnll be pnid to Lender. �_
<br /> In the event of o total tafcing of the Properry. the pt��dg bh��� bc Ap�liEd to the sumq secured by this Secu ty
<br /> Instrument,whether or not then due,wtth nny excess pnid to Bprrower. In the event of n purtial taking of the PropertY i�
<br /> whlCh the fair market vulue of the Property tmmediately befon the talcing Ia equal to or greater than the arieaunt of the suma
<br /> secumd by this Security I�►st�ument immcdiately befora the taking,unless Borrowcr und Lender atherwise Agree in writing,
<br /> the sums secured by this Security[nst►ument shatl be reduced by the nmount of the proceeda multiplied b the folla�wing
<br /> &actEoo: (a)the towl emount of the sums secuted lmmediutely before th ntuking�div�ded�by(b„thef q����e����n of the _
<br /> pco�erty immedtately beto*e m�tnicing. f+ny bniw«�°�m�diu ely before th�o tskia8 fs l�ss than the amaunt of the sums _
<br /> property in which the falr market vnlue of the Property
<br /> secured immedlately before the wklns. unless Borrow�r +md L.ender othenviso ag+ee in writing or unless applicuble luw
<br /> otherwise provtdes.the pmce.cds shnit be upplted ta the sums secared by this Security Inswment whether or nat the sums tirre
<br /> then due.
<br /> If the Prope�ty is nbundoned by Borrower.or!f.after notice by Leader to Borrower tht►t the condemnor offers to m e
<br /> an awurd or r,ettle o cluim fot damages.Bortnwer fails to respond to L.ender withln 30 days after the date tl►e notice ia gtven.
<br /> i.ender is nuthorized to collect and upply the pmceeds,at lts opdun,either to restoradon or repair of the Propecty ar ro the
<br /> swns secured by this 3ecurtty Instn�ment,�hether or not then�iue. _
<br /> Uniess Lender und Borrower otherwise ngree in writ�ng.8nY°�s 1 an�d 2 or c an e��he sn►ount of suc paymenG nd aT
<br /> postpone the due date of the monthly payments refemed to in paragrap 8
<br /> 11. Boc�ower Not Released; Forbearance BY Lender Not A Watver. Bxtension of the tIme for payment or
<br /> modificatlon of amortizadon of the sums aecured by this Security Insmiment granced by L.ender to uny suscessor��interest
<br /> of Somower shall not opetate to�lease the liabiUry af the or3ginnl Borrower or Bormwer's successors in interESG Lender
<br /> shal!not be requiresi to commence prooee�iin8s against cu►y successor in interest or refuse to extend time for puyment or
<br /> otherwise modify amortizution of the sums secwed by this Securicy Instrument by reason of uny demsuid made by the odg,innl
<br /> Borrower or Borrowerk auccessors in interesG Ai►9 forbeanu►cc by Lender in exet+clsing any nght or remedy shu�l not be n
<br /> waiver of or precludo the exercise of any right or remedy
<br /> 12. Suatissors and Assigns Bound;Joint and Several LtaSUity;Co-signers. 71ie covenants aa�d ugeements of thls
<br /> Secority Ipsuument shatl bL►d and benefit the successors end assigns of Lender and Bomnwer.subject ta the provtsIons qf
<br /> paragraph 17.Bomowerk coveaants and ag�eemeats shall be joint aad several. My Bozrower who co-sigas thts Securlty
<br /> lnstrument�iut does not execute the Noie: t�)�ti�'�i���°���'!m?nt°nly�°moitgsif:e.f�unt and convey ihat
<br /> Borrower�s interest in the Property under the temts of ts Security Inswmen� (b)is not parsonally obligaud to pay the sums
<br /> secured by this SecnrIty IasuumenG artd(c)agrees thnt Lender and any othcr Borrower may agree to extend,modify,forbear
<br /> or maice any accommodations with�+egerd w the tetms of this Secunty Inswment or the Note withouc that Bomower�s
<br /> conscn�
<br /> 13. Loan Chuges. if the toan secured by this SecurIty lasaument is aubject to a taw which sets maximwn oan
<br /> chorges.and that law is finapy interPreted s4 that the�nterest or other loan charges coAected or w be collected ia connection
<br /> with the loan excoed the pennitted 1ia►its.then: (a)any such loan charge shall be redaced by the emount necxssaiy to t+educe
<br /> the charge to the petmtued limlt;and(b)tu►X sums already coUected from Bormwer which excaded pem►itted limiw wi1D be
<br /> refunded w Bomower. ixnder may choosa to make thisP fund by re�ucins the princigat ow purtder the Nou n`����►�E e
<br /> direct payment to Borrower. If a refund reduces ptinct al,the reducdon wlil be dr,ated es A arHal pnPaYme Y
<br /> prepayment chnrge tu►der the Note.
<br /> 14. Notfces Any notice w Borrower provided for in this Security Instrument shnll be given by dellvering it or by
<br /> mniitng tt by fust clasa mail unless applicable law requires�se of nnother method.l7►e notica shall be directed w the ProP�rtY
<br /> glddr�s or any other address Borrower designates tsY notice to l.ender. Any nodce to Lender sha!!bo siven by fiist class
<br /> , tpail to Lertder�address stated herain or ar�y other addness I.ender designates by notice to Homower. My notix pmvided 4or
<br /> in thts SecurIry Insm�ment shall be deemed to t�ave been given to Borrower or Lender when glven as provided in this
<br /> •.�1S�Governtng Lxw;S�+verabtl[ty. .'This Security�nau�►ment shall be govemed by fedeiat taw and the law of the
<br /> jnrlsdicdbn in which the Fropeety is located. 1a tho event�that any provision ar clause of this Socurlry Lnsttument or the Note
<br /> contilcts wlth appGcable law,such conflict�hall not a�'ect orher provisiams of this Seturity InsVument or the Note whi�h aut
<br /> be given effaK wlthout che conflicting pmvision. 'fi this end the provisions of this Security Iastrument and the Nnte ane
<br /> etediared to be severable.
<br /> 16. Borrower'e Copy. Bomower shaU be�iven one aunfom►e�coPY af tht Note�and of this Securiry Inst►vment
<br /> 17. 1Yanster o!tbt Ptoperiy or a BentficlAl Interrst in Boe�rower. If ntl ar�^y.part of tha P�ope�ty or any interest tn
<br /> it is sold or uausferral(or if a beneRc[al interest in Borrower is sol�cu uansfernd and Borrower is not a natural person)
<br /> wlthout Leader�prior written consent,L.ender may.at its option,req�e�mm�i�paYR►ent in fizll of c�ll swns secured by
<br /> this Security[nsaument However.this option shall not be exercised by Lender if�zercise ls prohibited by federal law ns of
<br /> th�date of this Security Instcumem.
<br /> If Leaider exen-ises this optian,Lendet shall gtve Ho�wer rtotioe of accelera�aa. 7't►o no6ce shall provide a period of
<br /> not less than 30 days from the date the notice ia delivered or ms�ilcd wlthin which Bortower must pay ail sums secured by t6is
<br /> gecurity Insuumsn� If�omower fails to pay these sums prior to tha expirntion of this perlod,L.ender way invoke any
<br /> remaHes permitted by this Securiry Instcument without further notice or demand on Botrower.
<br /> 18. BaroWer s Rfght to Reinstate. If Borrower meeLs cenain wnditions. Bomower shall hnve the right w have
<br /> enfo�ment of this Security Instrument dlscontinued at any time prtor ta the earlier of: (a)S days(or such other period as
<br /> Singk Evmily--Fannk MadFbcddie Mrc UNIIFORM INSRtUMENi'-Unifoan Covaunu 9AIS fPaB�6 af 6 poga)
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