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<br /> � condea�aatio�or aher taking of any put of the e,opemr.a for conveya�e in lieu oE a� Y���
<br /> rhsJl hr ptid ta[.sn�er. _
<br /> . ia tb�eveat of a tarl takin�of the Property.the p�ooeeds si�!! be applied,ta tM swns secucEd bg t6ts Socurity
<br /> tas�nknt,v►�haiier or na tixn due.with any exa�ss�id co Ba�owar. In tAe event o�a pcutial ak+ng of t1rc PropertY in
<br /> abic�tlie fair mukeE value af ihe Pmpeny immediately before the taking is equat ta or grcater tt�an tAe ainoimt of the sums
<br /> secured by this Security Iasonuaa�t immediately befote thc t�king.unkss Banower aed Lende�a1t�e�vn.s��gnee iri'writing.
<br /> �s�ns secured hy thu Seruriry I�snyment sh�Ii 6e reduced by the anwuei of thF pmceeds mWtiplied by the fdbwing
<br /> fractioR: (a)tt�a twal amount of tt�e sums serared imrt�iateJy 6et'ae the taking.dirided by lb}the f�ir tnarket value of tbe
<br /> • �'�P��Y immed`iaTely ticfat ehe tatcing• My batanoc s�it 6e paid to Borrower: in-the-e�t-o�a Partia!t�kiag°€the - —
<br /> pmpeaty ia wAich the f�ir m�ket valne of she Rope�ty immediately befare tGe taicing is[e.ts than ttfe amaant of the sums
<br /> secu[ed immediacely btfae tix talcing. tink�ss 6arower u�L.ender ott�es+vise agree in wreting or unksc applicable law
<br /> a�llxr�5ise provides.the p�uceeds shall�e applied to the s�uns secure�by tQis Security Inspument whether or aat tlie sucns ane
<br /> tl�m dte. '
<br /> � If the Pragerry is abandoned by Brnmwer.ar if,after natice by Lender to Bamwer that the cu�emnor offers to makt
<br /> an award or settk a claim for dart�ages.Bama=wer faits w respoad to�der within 30 days aftes the date the nat�c�e is givea.
<br /> Lender is wthotizcd to coliect and apply the pmceeds.at its optioR.either to rcstaation ar cep.vr of tl�e P�pert�r or to 1he
<br />-_ sums securcd by tAis Sacuriry Insaumen�whether or ttot then due: .
<br /> = Unkss Let�kr and Bormwer othe�wise agcee in writing:aay appiiqtion of pmceeds to principal shali iwt extead ar .
<br />-_ — �tpa�ne the due date of the monthlY Payments cefemd w i�paragrapl�s t and 2 or cl�ange ibe amamt af such payments.
<br /> - !l. Borrower Not Rde�ed: Far6ara�oe By Lende� Not s Walver Fa�cension,of the time for pay�r�er►t or
<br />= modifiration of anwrtization of the sums secuied by this Security Instrament granted by Lender ca any sa�soc in interesr
<br /> = of Bortnwer shall.not operate to telqse the liabiliry of tl�e originai Baruwer or&xmwer's successars m intemst.Lender
<br /> --- ' stmtt na be�equiied ta commence pmcee�ngs against any successa in interest or mfuse to extend time for paymenc or
<br />- otl�erwise modify amortir.�6aa of the sums secured by this Security tesuument by reasan of aay demarM made by the original ,
<br /> - gorrower or Borrowet�successoes in interest. Any fo�6earat�e by Lender in eaerciseng az►y nght ar remedy shall nat.be a �°
<br /> - waiver of or preclude the execiise of any right a m�y. .
<br /> - :IZ. S�ors w�d As�Baond:Joit�nd Serlral tiability;Co-s1�t�s. 7Tte covenants and�nents oF t6is
<br /> Securiry instrument shall bir�d and 6eisefit the successors and assigas of�ender and Borrower.suhject to the provisions of ___ -
<br /> �� paragraph 17, Bamawer's covenants and ag�eements shall be jaint amd several. My Bormwer whp.co-signs this Security _ � __
<br /> ' ' lnsuumeat tsut daes not execute the Note: (a)is co-signin�tlgs Security�tstrument Qnly to mortgage.$raat and convey that ; ��=�—----
<br /> . • �_• _
<br /> � '+ � Borrower�intenest in the Pcoperty under the tem�s of ttus Ser�ity lm�nr tb)is not personally obligated to pay the sums . v •
<br /> �' , �+,'��x secared by this Security Instrument:and(c)agrees that Le�der and aay other Borrower may agree to extend,maiify..forbear ��,��� �'
<br /> �- - or make any accomma�ations with regard to the tem�s of this Se�e�a�Instrument ar the Note withouR that Sdiivwer's � _, �:-�;'-_=_
<br /> `i� ," canse�u.
<br /> + 1i, I,oae Cha�ges. If the loan secured by this Security tnsmlmert�is subject to a taw which seu maxim�m•iaan . . .°���:; _
<br /> / j�.,L_�w' .
<br /> � . �: charges.and that law is ftnally interpreted so that the inte�est ar.other toace charges collected or to 6e colterted in c�ors . . p.�.—r
<br />• � with the loan exoeed the penniaed limits,then: (a)any such toan char�e shall be Trduced by the amount necessary td teduce . ��.=
<br /> 1he ehazge to the perenitted limit:and(b)any sums already eauected from Borrower which exceeded permitted lisnits wiU be `. � ���,�;_
<br /> � 'i•`. -' � • nefunded to Borra�er. E.eQ�er may choasr to make this ref�rid i�y ceduc�g the principal owed under the.Note or by making a ' • ;��,w�__
<br /> • � ��.a:;,�s&�,::
<br /> ° direct payment ta�csmwer. If a nefund red:cxs�rincipal.the reduct*"a�ec�I4 be tceated ac a partial p►epayment without any.
<br /> ~'};'• �� PrepaYment charge:..��the Note. • � • ;s,�+F.:_
<br /> �• �` + 14. Notices. Any notice to Bortower provided for d:�t:*�s�ec:..i� ���strument sha}�be g�y�@g��vering ic or by "'Y;.��;?;;Y;,,-
<br /> � maiting it by first clas.c maiI css►9ess applicabte!aw reqLirzs c:se cf as�other�:e��sod.The r.once shall be d��:tv tt��tapetty `'-�an��,::4.:;,
<br /> � Address or any other address Borrower dexisnate4 Isv.n�ee rs Lender. Ariy notice to l.ender shall be���cs.�;•r-s�t ctass . _
<br /> ;, ',' mail to Lender's address stated herein or any a�ec ad:ress Len�er detilgnz�6y notice to Borrower. Any�ra'ti�:pracided for ,
<br /> � � - - in this Seeurity tnsirumem�all be deemec�tv have been given ta Hmrrower ar Lender when gicesc ar pravtded in this __ _
<br />_ ���;�: � paragraph. � . -
<br />- � ' l5. Goveroing Law;Se�erabDity. '('�iy Security I�strument sha11 6e govemed by federal L�.and the!aw of the
<br /> ' �I :�� jurisdiction in which ihe Propeasy:s locstted. ln the ever.[tnat any provision or clause of this Seeurit}:�ctrument ar Ihe Note _ _ _
<br /> conflicts with applicahle law.suct�conilict<:+.a'.1 not affect ather provisions of thic Security Insttu�nensa*the Note which can
<br /> "�j"•,.�,:L; . be given effect w"c.3mut ihe conAicting pro�r�ron. To this end the proviy:��:s of this Security Insmi�:is nnd tfie Note are ' .
<br />. , r.',��.�� declared to be sPreaa3te. .
<br /> � . ' �� 16. BorroRes�s Capy. Borrawer shall ne given ane confarmed co��oP tAe Note and af thic S�c��tnstrument. `,:
<br /> , ?.�': � 17. 11ra�sfer of the Property or a Heneticlal Interest in Borrowcr. If all or any part of the Pro�=:F ar any interest in •.'.,�,;;:..•
<br />- 'n���- it is sold or transfesred(or if a beneficial interest in Sorrawer is sotd or uansferred and Borrower is stoe a n2rsrat�erson) . . _
<br /> � • without Lenders}�rior wdtten consem.Lender may,at'r�,oprian,requi�:i�tmediate payment in fuli of all sum��scus�d by
<br /> this Secudty lnstrumen�. However.thi.c optE�n shaU aot t+e exerci�ed by�nder if exercise i„prahibited by fcderal iaKr aq of � ,
<br /> ' �? • the ctate of this Se�urity lnstrumen� , • .
<br /> . .. ,`' If Lenderexetcises this option.l.ender shatl give�osrowrr notiec of a:celeration. Thr notice shal!provide a pCriod of .
<br /> �• �.�'� - � not fes.9 than 3Utf�ys from the ua�c the notice is delivered c�,mziled within which Borrowcr must pay all sums�ecura�by this . � .
<br /> ; ��.;�.�_'.�.'•1'�. •. Serurit lnstrument. 1f 8or�ower faily ta a lI1CSC `G.^.74 ryor to the ex iration�f this iad, l.ender ma in�oke an
<br /> • ,'•` . :,{� ' y P Y F� P P� Y Y .
<br /> remedies permitted by thi�Serurity Instrumern without fu:�?�er notice or demand on�anower.
<br /> '• ' :;, �;;• ]g, Barrower's Right to Reinvtate. If Borrnwer mccts ccrtain co�diTians, Barrower.hall have the right to havc •
<br /> � .Y " ' entorcement of thi.c 5ecurity lnstrument di�ea3n!inued at Any time prios to i5e earlier��f: (:u 5 d:�yti(ar tiuch ather periad us
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