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i or its spot OdW two condsismadon, S of any pan of the Property. Of aad giaalll�'bg 01,116 7 " �Wifii� ` , f ceder. , event of total taking of the PFOPUW- the VP a talditti "dlurdTF realtiplierI bin the t6no = ,before , tow of the sums sectired (a) d* amount iaarks� vaigg of the Property imardintely, before the taking. Any balance be paid '10 If the Property is arisudoaed by Borrower. or If. after notice by Leader 10 Borrower that the condemnor offers to for damages, Borrower rsih to respond to Leader within 30 days after the date the notice is yivee make an award or settle a dow to restoration or repair of the Property or t is authorized to collect and apply the proceeds, at its option, eit her to "cured by this Security Instrument, whether or not then due. agree writing. say application of proceeds to principal shall not extend or Unless Leader. gad-Borrower otherwise a in wr po"One"I the: due date Of the monthly payments referred to in paragraphs I and 2 or change the amount of such Payments gatTewer " adowd. Fwbgwmft ft Leader iYet a Walm. Extension of the time for payment or modification Leader successor Borrower of amortization of the vim secured by this Security Instrument Vwuoti by to any r in interest Of not be , shall not operate to release the fighlifty of the Original Borrower of Borrower's successors in interest. Lender shall required to commence proceedings against any successor in Interest or refuse to extend time for payment or otherwise modify gam"Waia, of the sums secured by this Security instrument by reason of any demand made by the Original Borrower Or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of OF preclude the exercise of any right or remedy. 11. 4 sed Aadgm Mead; jeW *ad Several Lb*ft,. Co-sigam. The covenants and agreements of this Security Instrument shag bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17. , Donrower's covenants and agreements " be joint and several. Any Borrower who co-signs this Security bwrrunsestjbrsr does not execute the Note. (a) is co-signing this Security instrument only to mortgage, grant and convey that ) is not personally obligated to pay the goffower,s interest in the Property under the terms of this Security instrument; (b sum 'J zsisecured by this Security Instrument'. and (c) agrees that Leader and any other Borrower may agree to extend, modify. forbear. or make any acoommodations with regard to the terms of this Security instrument or the Note without that Borrowersoonsmi IL IAMS 'Chiaigm if the loan secured by this Security instrument is subject to a law which sets maximum loan or to be collected in connection charges, and dim low is finally interpreted so that the interest or other Won charges collected necessary reduce with the Iowa exceed the permitted limits. then: (a) any such loan chow shall be reduced by the amount n to u the chargeto .the permitted limit; and (b) any mm already collected from Borrower which exceeded permitted limits will be k refunded to Borrower. Lender may choose to make this refund by reducing the Principal owed under the N Ote o r by ma ing the reduction will be treated as a partial prepayment wihout any a dirccr�payaimtv to, boffower, If a refund reduces principal, linear prqw -cbwW under the Note. ice effect ren ering an 1S. lfegiirMar of d y Affectiag lAsigges WJilW if enactment or expiration or applicable laws has the fT proviidoii of the' Note or this Security instrument unenforceable according to its terms. Lender. at its option, May require red by this Security Instrument and may invoke any remedies permitted by ate payment in fall of all sums secured ied in the second paragraph of paragraph 17. paragraph -l9. it Leader exercises this Option. Lender shall take the steps specified by de be nitro by it or by 14. N Any notice to Borrower provided for in this Security instrument shall mailing it by lim class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Leader shall be given by font in address Lender designates by notice to Borrower. Any notice class mail to Lender's address stated here or any other a provided for in this Security instrument shag be deemed to have been given to Borrower or Lender when given is provided in tbk Paragraph. Security Instrument IS." G*vendft Low; Severmilift . This shall be governed by federal law and the taw of the Security as mmen 0 rity I t t --indiction in which the Property is located. In the event that any provisions or clause of r the strumen Note con1kft with applicable law, such conflict " not affect other provisions of this Security Instrument or the Note 4 Instrument and the of is Security Inst which ears `kie'*ven effect whboat the conflicting provis On. To this end the provisions th u ty Nate are aeelared ro be severable. lilL Sari s' taipi:, Borrower sMll be given one conf&nwd Copy of the Note and of this Security Instrument. V., ravall0ir 49 tie A*iirb W a;-- 1idrl 1tMesesa in Derrinver. if all or any pan of the Property or any interest in it it sold or transferred and Borrower is not X natural person) if a beutfikiat� interest in Borrower Leader. without Leader, pm written 'causl:at. may. at its option. require immediate payment in fun of all sums secured by this Security IWAMMCW. However. this Option shall not be exercised by Lender if exercise is prohibited by federal law as of ttse bate 'cif tints Security irimttrrtmt. etresshes option, deader sliatl give Borrower notice of acceleration. The notice shall provide a period of ', tibf inns tlw i8 days fret the d» milted Wfthin,,Wbkb the Borrower Must pay allr SUMS secured by the notice -6,aeuvered at I prior the expiration of this period, Leader may invoke any rsuitow ark to pay these sums sk6iwy,bmtf*memwilbout further roc keor demand on Borroww. to have 4iiii"ae borrower mtrts,aeertaht conditions; Borrower shall have the lillbt at arty time prior to the earlier of. (a) 5 days (or such other perind'as for relastsoem6ii) before sale of the Property pursuant to say Power Of sale contained in this lastroment. TIM conditions am that, Diurrowltt� (a) 1-1111ft tl* 3ecvrkyaASirumatt and the Note bW no acceleration ottufftd: M (0y*7j1SJ j%pesapWWk4ffW Jft enkrda# This Security WAYUMM; Ait and 04"'Ideli action as Leader my reasonably require to ainute R ad Briffower,s obligation to M the sums secured by Borrower, this Security Instrument and t%t I oft stiall effective as if:ao acceleration had occurrvd. However, this right 10 reinstate shall t , 1 11 c "I the cow of aeftwo