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<br /> - -- condemnuAon or other taking af�ny purl nf/he Properly.or for conveylince in lieu al'condemnalian.ure hercby u�wi�neJ uiui
<br /> �'� -•�„ Khnll be pAid to l.ender.
<br /> j*w.� In the event of u totul tuking of the Rvpeny. the procecJ� shull ix uppli�d w the sunt+ uxured by Ihi� Sccudiy
<br /> r�. "• Imlrume�t,whcthcr ur not then due,with uny rxcc+,puid lo Hurrower. In Ihc event of u paniul taking nf thc I'iropeny in _
<br /> �"'�' which the fnir murket vulue of the Propcny immediutcly bcfare thr taking iti cquul w or grcutc�Ihun�hc um��um uf�hc�um�c
<br /> _ �;,;,. �cecured by thic Se�:u�ity Inxtrument immediu�ely beforc the tuking,unlex�Bcxmwe�unJ Lender utherwi�e ugrrN in writing,
<br /> _s _c�:,�:.��.._ �
<br /> -�-.:- thc�uma secured b��this Securlty Ins[rumrm�hall he reducrd hy �he amouni i�t'�he pnxeeds multiplieJ by � e u uw nR
<br /> � ^����r ° � f�uction: (u11he total umount of the aumx securcd immediutely befom thc tuhinF.Jivid��f by Ibl�hc fuir murket vuluc�if ihr
<br /> s.�y:: ye�.4;�•%�u•'• propehy immediately bcfore ihe lakfng. Any baluncc shall t�c puiJ tu Burrower. In ihe evem oi'u paniul luking of thc
<br /> -d�+.=-_•
<br /> .;�_.7;r., � � ,,,.y, ' PropeAy in which thc fair market vulue of the Prupeny immcJintcly Fx fure �hc tuking i. Ic+� than thc uim►unt ol't �sumr: __ _
<br /> �-�,��;,,:;;,�,. r,ecured immediately 6efo�e the taking,unletiz Borcower und Lendcr u�herwi+e ugree in writing or unlc�s upplicuble luw _
<br /> '�•�•°:• �` - � athenvice provides,�he praceedx shull be applicd to ihe sum��cured by �hi+Securi�y Instrument whether��r n�n�hc rums urc
<br /> •��:...�;..� �.. : then due.
<br />-�-- �� - lf the Propcny is ubnndoned by Borrower,or if.af��r ni�ticc by Lrnder�o S�xn�wcr that�he conJcmnur��ffen la muke ___. __
<br /> °"'''�.'L.`�,'. �:" an uward or setNe a claim for dumugc�:.Borrower fuila to re�pond tu Lender wiihin 30 duys uft�r thc dutc thc natice ir givcn,
<br /> . ''r`�� `��.., � ' �' Lender is authorized ta collect and+�pply Ihe pra:eedti,u1 iis optiun,eitlur to re+�or.�tion or npair of the Pmpeny or ta th�s
<br />-�.'` : ��,��;; sum4 secured by this Secu�ity Imtrumem,whe�hcr ar noi then due, �'�
<br /> � � '�� " • � Unless Lender unJ Borrower otherwixe ngree in w�iiing,uny applicution��f prcxeed,ia principal tilwll not cxtend or
<br /> : �1:i�u�; �_.
<br /> , A,U,� ' pa.r•tpone the due date of the monthly paymentx rcferred�o in purngruphs 1 and 2 or chungc the umount of such puymemti. �Y _
<br /> �, I1. �orrower Not Released; I�brbearence By Lender Not a Walver. Eatrmlon of thc timc for puyinent or __
<br /> ���" modific�tion af amartization oP�he sums secured by thix Securily Inx�rument gnmtcd by Lender to uny xuccrti�ur in intemst 6
<br /> ��1:��;. "' .�::, , of Borrawer shull not aperuic to releuse�he liubiliry of the uriginul Burrower a�liorrowcrt tiuccrssar� in imcrest.l.ender _ __
<br /> _� .�..�, :�.�y.•:`� � shull not be requimd�a commenee praceedings agu�nst nny succeti,or in intetetit or refu.�ta extend lime fi�r payment or �_ __
<br /> ---•l:+�,'`':,,;r�,�: ,; othenvise madify amoniaation of the Kums secured by this Securiry Imtrument by reu.on of uny demunJ mude by the ariginnl a��
<br /> _.� ',;�,;? •� � - Barrawer or Bortower\surcessors in intensxt. Any fortx:arunc�by l.ender in excrcising uny�ight ix remedy shidl not be u �.-_---
<br />�''� `•'," ' � waiver af or preclude the exercise of uny right or remed{•. "-
<br /> �����," 12. Successo�s and As.gigns Bo�und;Jofnl and Severel LiabiBly;Co•signerR. Thc covenuntti und ugrcements of Ihis
<br /> ;��' . . �t`.;... e:r o.
<br /> �� •,��',..=�»��� ` r• ��:� Secu�ity In.rtniment shall bind und benefit the tiucreti�ors and nssign�of Lcndcr and Burruwcr,xubject ta the pn►vi,ions��f'
<br />----=, ;�h;� °��, .�,;;'� parAgraph 17. Barrower�covenunt�nnd u�zmements xhull t�e joint und heverul. Any Borrower who co-sign+ �his Securi�y
<br /> ��%z.�����'���% '�► :• Inxtrument bul does not exewte the Note: (nl is co-signing thi+Security Instrument only ro morlguse,grunt und convey Ihut � "�-
<br /> , t'�.��s,:;:s=• y Pe • Y R P' t, .�,•
<br />----� .,�„_,. � Borrower's interest in�he Praperty undcrthe terms of this Securii Inururnent; Ib)ix not nonull obli utcd t�� ay the,ums �
<br /> .h. � ,:=�,,vr _L• _
<br /> -�� '• - ,�,�a�� secured by this Security Instrument;and(c)agreez tha�L�nder and uny other Borrower muy ugree to extend,modify.forbear _
<br /> _ .,�.
<br />=—;f. , �• �.� Sy�' or muke uny accommodotians with re�nrd to the termti oi �his Security I�x�rument or d�e Nae without thnt Burrowers _
<br /> .�x ,�Y1v_.__ r: CcNISCOI.
<br /> �� � —
<br /> "�'�� �� '� '���° 13. LoAn Charges. If�he lonn secured by �his Security In�lrurnent is.ubject �o u fuw which seis maximum laun —
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<br />- : ,�.,,, charges,and thut luw i.finally interpreted r:o Ihut the imerest or cNher loun chargeti coUected or ta be collectcd in connecdon �j�,�
<br /> � ;.�;,�+`�s^." with the loan exceed the permiltrd limit�.�hen: lul any such loun chnrgr�hall be �educed by Ihe umounl necessury to reduce 1�� .
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<br /> . �� �„- the churge to Ihe pertniueJ limi4 unJ(b)uny sums ulre•rdy ccillected Gorn Bornnwer which exceeded permiued Ilmits will he �,„__
<br /> � refundeJ to Borrower. Lender muy ch�oxe to mukc thix refunJ hy rcdur ing thc princip•rl awcd under Ihe N��tc or�y moking u _
<br /> ' '-"� ��. ' direct payment to Borruwer. If u refuad reduces principul,�Ix mduciiun will be treated us u puniol prepuyment wilhout uny �_
<br /> .° � .. prepaymcnt churgc under the Notc. _°�"
<br /> �• � � �••' 14. Notices. Any noticr to Borruwer provickd 1'or in �hi. Scti;uri�y In+lrument shull be given by cklivering it or by ¢••
<br /> , - � • . . • �•�• mailin�it by firs�cla�.mail unl��s upplicublc law reyuir��u,r of ano�hermrthai.The noticc xhull lx direc�ed to Ihe Property ; _
<br /> '�'��� •�.;Y•.-�-.� Address or uny other:►ddrexx Borcow<r dc�:ignatc,by noticr to Lcndcr. Any noticc �o Lcrnler shall he given by fint cluvti ,
<br /> �:.°"`` • ?.;��� moil to Lendcr's uddresr st►ucd hcrcin or any iNhcr uJdre��Lendrr desi�nulc�hy nolicr to Borrowcr. Any rn�ticc provid�d for
<br /> _ ' '•3�1,�,� in this Security Im�rument shull t+�ekemed�o huvc t►een �iven tu Bcirruwer ur Lrnder when given a�pruvided in �hi�. _..,
<br /> _ �* . •�`f,;r� parngruph. l��;�.
<br /> �`��• ., • 13. Governing L.aw; Severubility. Thi.Securily Intitrumenl shull lx guvrrned by Pederrl law u�xl thc luw of Ihc �V�
<br /> ' ' ' • � • . jurisdic�ion in which thr Pr��perty is Icxuted. In the e��ent Ihat uny provi�xin or rlaus<<►f�hi,Security Inti�rumem or thc Nutc
<br /> . '`�!" ' conflicts with upplicuble Inw,tiuch can0ici�hal l not ufl'ect ather pr�witiiun�ol'ihi,Securi�y In.trumem ur t he N�Ne w hic h cnn
<br /> • ' ^ 'f� be rven effect withi�ut Ihe contlicling pmvisiun. Ti►ihi+enJ Ihe pmvisii►n�of'thi+ Securiry Intitrumem und�he Note ur� - - --
<br /> , -.,r;;.:.;� F� ., �.
<br /> � •->��^'�� declared to be xeverablc. '
<br /> � r''�'�;,��, ' ----
<br /> ,. ,.,.. 16. Borrower s Copy. Borrowcr�hull ho given��ne conl��rn�rJ r��py of Ihe Noir and of'this Scrurity Inti�rument. �—µ-
<br /> ' � ' 17. 7lransfer oP the Property or a Beneficial lnleresl in Borrow•er. I f nll ��r any pah ot'thc Pro�xrty i�r any intrrc�t in �
<br /> • . � it is sold or trunsferred(or if u ticneticiul imcrc+� in Borrowrr i. .uld �x Iran.l'rrrcJ anJ Burcow•er i. nu�u naiural�xnon)
<br /> "� • -� .,r�: wilhout Lcnder's prior written conxent.L�nJer muy, :n it+uptiun. rcyuin immcJiair paymrnl in t'ull uf ull�mn���cured by
<br /> ` � • �•�'�"''� this Security In�trumcnt. Howevrr,�hi�optiun�hull not tx cxeniseJ by LrnJcr il exrni.c i+prohiMited by i'eden►1 Inw us of ' • ••
<br /> . :,;5_lt,,�,y. �.:m
<br /> • the dule of this Securiry In�trumrni. �__--
<br /> ''i�'�''`�� If Lemler exercixe�thix�►�tion.Lenikr�hall�ivr Bom►�ser nuiicr uf uccelrra�ian. Thr noti«�hull provid�a�xri�xl of -°;�:.-F:
<br /> - � f,an•
<br /> , . . � not les+than 30 d�ys 1'rcim thr Jutr tlk n���irr i�delivrreJ ur mailed�vitl�in��•hich Hnrro��rr mutit pay ul I�um�secureJ b�•Ihis
<br /> Seeurity In.trument. If Bunowrr f;�+l+lo pay Ihe�e �um. rri�,r to Ih� e�riraliun uf�hi, �krial. Lenctrr muy invidce uny
<br /> � r+emedics perniiricd b�•thi.Srcurit}•In�inuncnt���ithout I'urlhrr ni�ticc ur ikmunJ un Bam��ver.
<br /> �'' 18. Burrower's Ri�ht lu Rein�tate. If Hurt���ver mrct.cenain conditi�m.. F3urr���►�r �hull h.rve Ihc riNh� tu havr
<br /> ' � entiircemrnl of�hiti Serurity In.trumcm di,cuntinu�til ai :ui� time p�ior to Ihr carlicr ot: la►S duy.�or such oihcr�xri�x�us . .
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