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<br /> '�-- candemnntion or ahcr tokin�of uny pun of�h�P�openy,or for con�ayunce in lieu of con�kmnutic►n,i��u horvhy u�viµncd:u�d --
<br /> _ _ _ slwll be puid to Lender.
<br /> � In �he event of u tatal Iuking of the Propeny,the proceedH +hall tx: applied to thr xum� r,ecur�d hy Ihi� Secuitity —
<br /> +�. Intitrument, whether or nat then due,with u�y excerti�puid to Borrowe�. In tha�vcnt af u paniul lukin���f the Propcny in
<br /> ".�� '� which the fair murket vulue of�he Propeny immedir�tely beforc the tuking is equu!t�i ur grcatcr than the a�muum of thc xums -
<br /> �� k; �ecured by this Security Instrument immedlutely before Ihc taking.unlcs�s Burmwer nnd l.ender o�hanvine ugree in w�f�ing. �
<br /> .f �he sums r,ecured by this Securily In�trument xhull he reduced by tho amount of the praeedr m►dliplled by the folluwing
<br /> fraction: (u)the tatnl amount af the zums secured immediutely b�fo�r tha tuking,divided by Ih1 Iho lua murkel vulu�s of the `-
<br /> Property imoxdiutely bePore the taking. Any bulunce shull bc puid m Borcower. In the evcnl of s►puniul �aking af the -
<br /> - __T j:•: ', "< Property in whlch the fair maiicet vulue oi the Propeny immediutaly bafon� thc�uking is Ic„thun thu nmount of the xums �-
<br /> �_,.a�.;� ��1�,, securcd immediutely before �he taking, unless Borrower und l.endur othsrwix agree in wriiing or unlesti upplicuble Inw �
<br /> - - !�r, whenvise provides,the praceeds shull be applied to the sumr�sreured by this S�:curity Imtmment whather or�ot the sumk are �
<br /> —_:`° "�"'��. ��> then due. —
<br /> _�..,.•�.-.aa��a►�r,r
<br />_, ��— :���r-�s+• �t If Ihe Prapehy is abandoned by Borrower,or if.aRor nntice t+y Lend�r to Boaawer tha�the condemnar offen to make
<br /> �-.��-�€�_�;�',
<br /> 4� ,ra. un Award or tiettle u cluim for dumages,Borrower fuil�to r4spund to Lend�sr within�0 duys ufter the dule Ihe notice in given, ^,�d�
<br /> °���s''-"'�=��. Lender is uu�horized to collect und upply the proceedr+,ut+tn optlon,eithur�o regrorrtion ar r��ir nf'the Propeny or u� the _
<br /> :�A,�;�,;.,,�.�-.-4 a:•"'� xums secured by this Sewrily Imtniment,whether or nnt thun duc. __-
<br /> ----= Unless Lender and Borcower rnherwise agree in,writing, uny upplicutiun of procecd, ta principal .bull nat ex�end or - __
<br /> •.����-�� pos�punc the due dute af�he monthly puyments referred to in puragraphs I und 2 or chnnFe the amaunt of�uch pnymen�s. �°
<br /> ----- �_ F:-_—
<br /> .��.,��L-_, ll. Borrower Nat Released; For6eArAnce By I.enda� Not w Wai��er. Extensian of iho �ime for puymcnt or ,.---.
<br /> ----� ..,.�� modificutian of amortizotion of the sumti tiecured by ihix Sttcuriry Instrument gr.�nted by Lender ta uny succeszor in inlerevt _
<br /> —�-=-��-'�� of Borrowcr shull not aperute to rclea.ee the liubility oi'thc ariginnl BuRUwer or Bormwrr ti succas.i�n in in�ercst. Lender �;=
<br /> •.;�:_�"; ,'�•� ,." shull not be reyuired ro cammence proceedingx aguinst any suceeti+or in interest or refuse to ax�ond time far payment or R-
<br /> , ���i��� � uthenvise modify amarti�ution of the xums secured by thi�Security lnstrument by rea+on of Any demund mude by dh ariginul �
<br /> , ,,.�.,.
<br /> ;��_ ° {:��:•;;., Borrower ar Borrawer\successan in interest. Any forbea�ance by Lend�sr in cxerci,ing any right ar n�medy shull na be u
<br />`;'�7 � � ' � �'x�ct '�•
<br /> ; '�;.•`';� waiver aP or pmclude the exercine of uny right or�emedy. �-�
<br /> : , t'.�. � '��� •:s°���".', 12. Suceessors and Assigns Bound;Joint und SeverAl I,iabllky;Co-slgnere. The covenAniti und ugreemeniti of this ___
<br /> s f�,i• i �,.•�� „ ----
<br /> ;;�� • f�;; . ,� P.. Security Inatrument shail 6ind And txnefi��he success�n und A�.4ignh of Lender und Bormwer, suNject to th. pmvi�ions of �;.:
<br />;;,�_��,t,.y . ., . � Parugraph 17. Borrower!c covenants und agreements ahull be,�aint und several. Any BoROwer whu ca•signs�hiz Sccurity �u
<br /> -�!�' �.:.�..,i,,,., Instrument but daes not execute the Note: lu)is co-signing Ihiti Security Inst�ument only lo mortguge,grunt und convey that �'�'
<br />:��:.' ��a o • • Borrowcr's interest in�he Pro p ert y under the terms of this Sccurit y In!�rumenr. (b>is not p�r�onully oblig+tted to puy the sumx �.,.
<br /> � � . ; 'a.;,p;: y Y B Y Y F y !;:.
<br />�,":?;��..� �,•� ,• �., „ secured b this Securit Inswmenr und(cl u rees that Lender und an oth�r Borrawer mn � ree to extend,modif .farbear
<br /> . sr l.�; f�, �"��;/'., • or make any accommc�datianx wilh regutd to Ihe terma of this Security In9trument or the Nate without Ihal Bi�rrower4 ��,_,
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<br /> �,��j��;,�,�, yt� consent.
<br /> -. ,r�ns,-:�,�.��{ y� �s..��. 13. i.o�n Charges. if�he loun ucuro�i hy Uiir� SCCwiiy iu�lw�ii��li i..ub,je�t ta a iaw� K•8ich�ctx snaximum loan --
<br /> %:}i4 ��� .'•�-;:;��'�� churges,and Ihat law is finally intcrprctod s�i that Ihu Inlo�sl o�other loun churgc�cullected or to be cullerted in connection
<br /> •• ':�_� �� with�he luan exceed the permitted limits.�hem (�I uny�uch I�.un rhargc shull be reduced by the amounl necesyary in roduca -__
<br /> . s'�t� , --, the cha�ge ta Ihc pemtitteJ limit:and Ib1 uny+umN ulmudy c�dl�r�ed frcim Iiurnuwer which rxceeded pemiilled limils will be ___
<br />-� � . • ref anded to Horrower. L.enJer muy rhoo�c w mnkv thih rcfwxl hy reJucing the principal owed undcr the N��c or by muking u _
<br /> ' "° � direct puyment to Borrowrr. If u mfund rcduca�priiki��id,thu reducti��n will he trealed•rs u partiul prBpuymenl wilh�wt uny �.,�
<br />• � ti . „ prepayment churgr under the�nte. F l�•
<br /> ,•, ."°. 14. Not(ces. Any noticr to BnrroHrr pruvidud tiir in ihiti Sccurily Intiirument ,hall hc givan by delivering ii ar BY �;
<br /> :. , ..b,,. ., „ ,� muiling it by fir>t rlu.�muil unl�„applicuMr lu���nsquin:�uti��rl:moihcrmcthal.The n�aicr.hull hc direcled lu Iln�Pm�xAy
<br />_.,,�,; Addrcss or nny uthcr aJJrrsti B�irrow•er de.ignutu. hy no�icc w L�oder. Any no�ice tn Lcndcr.hull he given by tinl cluti+ �
<br /> -�. •�� .'•�:..- ' mvil to LrnJcr:udJrr.,+�utrJ hcrrin or uny u�h��r�ddn:,,Lendcr Jr.i�!nulr.by nutirr�o Burm��•cr. Any nuticc piriviJrd for
<br /> :?,�---
<br />�.!'°' . . in Ihix Securiiy In.trumem �hall Ix decmed tn huvu hcrn givrn tu Eium�wer or Lcndrr wlkn givcn uti pruvided in thi� -_•
<br /> _ . ..�... pun�gpiph. ��--
<br />-._� - , lS. (:u�erninQ l.Aw; tieverubidty. 'f'hih Sururity In�irunhnl shull Fx:g��v�mcd by fedeml I�i�v und thc In�v nF thc
<br /> __ , ,. . jurisdiction in which the Pm�x ny i�kK�utud,� (n the uvun�thm any pnwisinn ur cluux ot�thiti Security Inr�nunrnt i�r Ihe Note --
<br />- • - , �•- con0ictti with upplicablr law,wrh raniliu�hhnU nm ulfect u�hcr piYwi+ians��t'thiti Sccurit�•In+irument ur Ihc Nutc which�,�u �
<br /> ' .;�!.� / be given effi�t withou��hc contlictiag pm.�ie.inn. "fh�his rixl th� pn►vi.ian,of Ihix Security� Inain�menl imd the Note ure �_K
<br /> ;-� ,, declazed to i�tievrrablc. �_
<br /> � . 16. Borrower's Copv. Bnrrowcr�huU�he givern anc cunli►mi�J cupy uf Ihe Notc unJ uf thi.Securily In.lnimenl. �
<br /> � � ° l7. 7Yansfer of the Properly ur a BenoRuiut Interesl in Burrowcr. If all ur;my p:m of�hc pm�xny ur any intcre�l in m"`'
<br /> - ,� it iz solJ or IramferreJ I��r il'u hencliciul intune,t in B�im►�eer i� ,old ur tran+frrr�J imJ Bom��ver ir nut u numral per�anl ��.
<br /> __ •- .:}� ; without Lender's prior written ron.ent.Lcndrr mnv.a� ilh upiiun.myuirc imnuJi:nc p;i�•mrm in full of ull��nm xecured t►y
<br /> ,,,:,,: thi�Security In.lrument, Howrvcr.Ihiti opuun�aholl not Ix rxctriscd hy LrnJcr if�rxcrci�e iti prohibitud hy frderul luw u�oF _-
<br /> ;;''� the date of thix Security In,trumrm.
<br /> . ��M; If Lender rxrnni,e.�hi.option.Lrnder�hull��:i4e B��m�wer nohcr of acceler:uiun. Thr nutice,hull proviJe u�rioc1 oi�
<br /> not les.than 10 duy.from the datc thc ninkc i�dulfvviuJ or tn+�iled��•ithin w•hich Burru���r mu.�pa��:dl,um..ecund hy this
<br /> , �� Security Imtrumrnt. (f Botr��wcr t:�il+ to puy thc.��um� priur tu ihr�xpirali�m ul thi. prri�xi. L�nJcr may invukc any
<br /> rcrnedie,petmiucJ by thi,5cruri�y In.trumrnt N•idiuut lurthcr na�icr ur demand on Burru��•�r.
<br /> �;� 18. Borrueer's Ri�ht to Reinxtute. 11'C3��rn��vcr mcrtti rrnain ronJitiun.. Burro�eer �hull huvr ihe ri�h� to huvc ,
<br /> , , enforcemenl of this Srcurity In,trumem di,runtinued:U:my ii�nr priur tu�hr earlicr ul': �:i1 5 J:iy.lui wch olhcr�xriixl uti �
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