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<br /> ' �ca�demnation ar othet takiog of any p�t oithe PropettX.or�fa conreyance in lieu of candemnatian.art henby ussigned and �
<br /> st�ll be paid to Le�dtir. : . � : ` . _. �
<br /> In the event of a mtal taicing of ttu Ptoperty.the prsueeds shaU be applled ta thc sums secuc+eQ by this Security
<br /> tnsttument,whtther ar npt theh due with anx exc.�s paidto Boirow�er..tR�he event af a partial taking af t{re Ptopecty,iq. �
<br /> whici�th�fair martcc�vaGle of the Ptoperty im�nediateiy befo�e the ta�ing u-cyua!to at grcater thao tiie prtwont of tbe snms �
<br /> sec�t bp this Secupt�It�ut�ent immediately 6efore the taking.unkss Bvnuwer�nd I.ender uthenvise a�ee in writing._
<br /> . _ _ . the su�seci�sed by this Security iasuuraeut s�nl!6e reduced by the amcwnt of the pt�nceeds nwltiplied by tbe fottowing
<br /> fr.�ctioa:.{a)ti�e#�aEnauat s�f tke sums secured imnlediately Oefone thc saking,divided b�r(6)thc fair a�cet wrtu�of the
<br /> . pt+uperty.imprediatety before the tafcing. My 6alance shali be paid m 8ar�ower. In the event of a Qartiai taking of the -
<br /> ^ ptoperty in wtuch the fair ma�icet value of ehe Property immediacety befare the tatung is tess thart the amqunt of the'sums
<br /> secure�d immediately befare tise taking. unless Bomower and Lendrr oWerwise agrer in writing or witess appticable 1aw —
<br /> - - otbe�ur�se pc+nv3des.the pcoceeds sh�116e,�pplied tQ ihe swqs secured by this Security Inswment whether or na the sums are
<br />_�� thea due. ,
<br /> , � j€tLe Qro�erty is abandoned by Barmwer,or if after notice 6y tae�er to Borrower that the condemnow.�ffe�c to make
<br /> an awanl or seulc a ctaim for damages.Barrower fails to tiespond to Lender within 30 days after the date the.tlot�ce is given., _
<br /> -- txpder is a�tttanzed ta rallect and appty the proceeds.at irs option�either to rettoratian or rep�ir of the Pmperty or w tTte,, _.
<br /> sums secuned�y this Secariry Inswmeat,whethec or not then du� _
<br /> - Unless_[:ender and.Barrower.athenvi§'e agaee in writiag,any aPP�ication 4f.proceeds to Principal stwll no4 ext+end.o�. . '
<br />_ postpone the due date of the monthly paymeats refer�ed ta in paragrvphs 1 and?�.or change the amount af sucb paymenu. —
<br /> . 11. Rormwer.Not Rekased; F� By Lender Not a W�iver. .-Extension of the:time foc paymeat or,.,
<br /> , modification of amoriiz�tian of the sums secured by this Security lnswment granted by Lendec to apy successor in interest
<br /> of Borrow�r sUal►naa.uper3�e,�Q�tease the liabiliry of the original,BormWet.or Borrower's successeis.irr inte�est. [xnder _--
<br /> _ _ sha11 not be required io�a��proceedings agaensc anY successor ip.iater�st or mfuse to ext@nd time;for payment or ,. �_ _ _
<br /> ,�'� oiherwise�modify amai��s��Q��fte.sums secttred by this Security instnu��gni py reawn of any demand ti�ade by the ariginal _--- _
<br /> Borrower a Bacraw�s`s��ss�ja interest. Any far6earance by Lender in eaercising any right aF�rRedY sf�ail not be a ��.
<br /> " waiver of orprecludeYTie.e�e�i'seof 1n}�right.csr��medy. � �:_,_--
<br /> `�; ``� , 12. Succes,orsau�Assigp's Boupd;.14!�tand Sever�l Liabe'li C rs. 71�e covenants�n�,�+eements of this , ".� -
<br /> _,�_. . � �Y; °'�S� �;� -
<br /> . Secutity Instrument shaf�bind a�d benefit the suec'�sso�s and assigns of Lender and Borrower,subja�to the ptovisions of -M
<br /> . paragtapb.l7. Ramow�r's c a v e�a n t s a n d agreeti►e n t ti s h a l i 6 e,,j o i n t an d s e v e r u l.A ny Bo m awe r who co-si g n s.�his,S ecuri t y ,�`:��
<br /> .r; '- inst�ument 6ut does not,exeeute the Note: fa�is co-signirtg�ir'.SSecariry tn.murt►ent onty to mongage:gant and.cor_v��,that �,H-.�.
<br /> r � "`'' � . Horrower's intet�est in the Property under the tecros of th�s Sea�iry(nstrumen� (b)is not personally obligated to pay;FF,iesums _ "� "�:�
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<br /> secuned 6y this Security]nstrument;and(c>agrees that Lender and any.oth�r Rorrawer may agree ip exten�l.modifg;fcubear _ '' "` ''
<br /> '��' � or make an acconurspdutians with c ard to the terms af tfiis Seeurii Tnstrument or the No[e wi�i9 that.�orrower's
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<br /> l3. Loan Cir�rges. IF the�tuair secured by this Security tc►strument.is subjec�_m�.law whicb sets maxiracut�xaan � . Y _'
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<br /> chacges.and that law is finally inrerp�eted so that the intcr�t ar other toan charges callect�i ar to be.collec;ed in cp�neFtion. '' �R���A�::.
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<br /> -�.r �`� " with ihe loan exceed tfte petmittec�!�niis,then: la)any such taa�charge sMall be reduceC by'the amaunt�ec�ss�y to reduce ±�°�:,�,��`-
<br /> the charge ro thc petmitted limir and(bl anp�uin�already cotfected from Boaower whicii exceeded pe�m:tt�d,�mits w�ll he {;.';��•''�3::'�°__
<br /> '- , ;�: . refunded to�orrower. l.ender may choose ca rrrake ahis refunA,by reducing the principal owed undev tli'.°.:�ate pr by ma(cing a ,*` �!�'`=i=�•_�_
<br /> ^��" , '•�-�� direct payment to Barmwer, if a refund reduc�principal.the reduction wit[be trrated as a pattial prcpak'„,tenc w�aftoat any � •;==_
<br />- ,:: 'N�•;.t-:;:<,':�';.., P�Ymen►charge und�r the h'ote: .. ; :�,�
<br /> '��:�r.�;�:�,�:t%°,��:•: � I4. Notices. Any notice ras Horrower provided far in tfsis Security Ustrument Sh�ll be given by.delivering u ar by _ :a__
<br /> f��` `- • raaitir:g ii by�ir�t class mail untess appli�able law reyuires use of another methad.'Fhe natire sha(!he dir��ted ta the Praperty . ;:`g
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<br /> , Address or any o�Fier zddress Borrowcr designatcs by natice tc�Lxnde�. �ny no{ice to Lender,sh�q,be given by first class - ,
<br /> �,,,;;;�,;,;.,.� � mail to Lender's address stated herein ar any c►ther addresti t,ender designates by na�ice ta�orruwer,,�try rtotice provided for � �',
<br /> `•z=;�, -•�=�, in this Security instrumem shall be decmed to have becn�ivtn to 8orrvwcr ur ixncte.r•tivheo $)�,�aS provided in thia , .... .y,';_"
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<br /> � `'�:' r_'k 15. Governing Law;SeverA b i l lt�. T his S ecurity,(nyuument chall t�e.govemed by�f e c�e[Al law anQ the law of the , '�• ''��r:_
<br /> ;_�;ti,�l i.. jurisdiction.in which the Properry s4 tacated. Tn th�event tha[�ay pr�vision.o�ctau�;e,o(thic���carity tntitrumem ar the Note � . . ..�":-��:
<br /> � .�,.��,,s���. •'�• , conflicts with.�pplicabte law,tiuch conflict shalt nat affeci othe:.provision.c.of thi4.5ecuric}•In.4ttament Rr�he.Note whech can , . . , �.
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<br /> ��;,.�;:•,:_;�.• . be given effect withaut the canflictin� praviaiosz. '�u�i�cnd the.provision+Ri this.Sesurity 1ntTrumeZe�nd,tha Note arc ; • -
<br /> t� `�',i'.:', declaredto6esevemble. . .���:.'y_
<br /> `.+�.''�.'r%,. �. 16. Borrower's Copy. Batr�wer tihall i�gi�en nne canformcd copy af the!Yat«and af thiy 5ecurity lnstrumenl. . ,: �z�
<br /> �� �k'-'��''• L� '1'rnaster of the Propeety or a Be�et7cial/nlerc�st im Borrower. If al I ar any part of ihc Pmperiy or any interest in ' '�_'x-
<br /> '°= !: it is�otd or trAnsferred(or if a bene(cial interest in Borrc�u;r is�otd or trantiferred and Borr�wer ix not a natural person) i: �-.:^`
<br /> 7 =R'�° � withaut Lender>�xiot written eonsem.Lendec may.at itti�ptian,reyuire immcdi:�te payment in full of all cums securcd by , •. � . '���
<br /> '.1•-�r'`= "'•�' � this Security lnstrumcnt. Howc�er.thi+��ption.hall nai he exerci�ed by l.rnder if rxerrise ir pmhibfte�by federal!aw az of . �
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<br /> "'�'�_+�•� -° the datc af this Security ln,trumcnt. , . ,
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<br /> t�: +, �.�-r�.'`` If l.ender exercises thit opiipn.l.ender�hall give Eam?a•cr notic�e�f accrleration. Th:n��tice�halt provide A period ai �
<br /> '``"'i'��'' � not(ess than�0 dayy from ihe date ihe nutice i.r dclivered nr muiled within whicb BavrnaerrR;t�t pay all�um�secured by this , "��',' '
<br /> � . � . Securiry ln.rtrument.,If B�rrou��� fail� ta�ray �hcse tiums priur ta Ihr expiratian c�f ihi�perial, l.ender may invake.my � ,
<br /> remedies permitted by this Security In�trumerit u�ith�iut further notice��r demand on H�noµ�r. } •
<br /> • ' 18. Borrow•er'.c.Right tu Reln.�tate„ If Hurrowcr mcctti ccrtain randitian�. H�nr��µcr �hall hati•c �he right ta have •
<br /> ���a:°f�:; , rnW�cement oi thi�Security�mtrumcnt diKantinutd at unr�limN,pri'�r�tu thc�atli�v ui': (a),S days{ar such ather perial as �
<br /> 3� tiingluF+miip,•Pimnie\tae(F�edAiy.1�}:tc,1.�IFQR�1,115'IfIi1��1F�'f;-I:r,d�:^�rCuven:uil� 9i�J0 �put�d�•Jhruu•.0 I �,•`
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