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<br /> � coadrrn(►�tian os aber tatcing of any part of the PropeRy.or for comrcyance ie lieu of condemn�tion.are.l�aeby assig�ed and
<br /> straif b�paid to Le�xkr. ` .
<br /> In�thc evem of a tqtal talciag of the �'mperty.tbe p�ocoeds shalt be applied�to the sums secuted by this Securicy
<br /> � Instran►t��.wh�thtr or�+ot then�ivith anq excess Raid to Borrower. In the event of a paRial takLig of the Property in
<br /> - whi�tlie fair mm�et vaiae of the Property immediatcty befoce the saking is equal to or greater than_tbe a�eauu of thc svms
<br /> securv3�by this Security Inst�ument imsnediately befone the tating.unless Boctov�er and L.cnder otherwise agree in writing.
<br /> _ - - t#e.sct��.�d bY=this Security Inctrume�rt sh�lt be reduced 6y the amount of the procecds muitipiied by the folJowing -_ -
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<br /> fiacpnim».(a)the taal amount of the sams secured imm�ately 6efoce the[ai�g.divide�i�y N)tti�fair madcet va{ue of titie
<br /> itnmediaretx before ttte taidng. �►y 6atance s f�a d l b e p�i d to Botrower. I i t t h e ev e n t�o f a Qartial takin g of the
<br /> �!":_
<br /> Pmpert���n which the fair market vatue of tAe Property immediately 6efore d�e ta�ng is tess thaa che 3caou�of the sums
<br /> secure�timmediately before��S-�less Borrowes and Lender osheraQise a�et ia R'ritIng ar�¢�tCess applisabie taw
<br /> othesW►$se provides.tlie proceeds shall be applied to the sums secared by this S�ritg 1ns�ameac a�.a�cottbe smns are
<br />� titztt af�fa:: ` . • ;:-'
<br />_:� if;�a Property is+abandoned by Borrower,or if.after n�ase by Le�''sogoimaeF du��e;c�;3e,�<ai off,e�s ta�ake
<br /> an awai�os-'settk a claim for dama�ges.Bamwer fails to r�r'.:a to l.ender wiihtn 3Q�-s�:�.��-�at�i�e ao�ce u�ise�. —
<br /> - L'en�MdESis autharized to cotiect and apply the pmeceds.at i'ts'opdon.either to nswratms��repas��iti��Pcoperty oi to ihe. : --
<br /> ' sumssccuted by this Securiry tnstnimen�whether ar nat then due. .
<br /> L�tess Lender and Borrower ahemise ag�ee in writing.a�y applicadon of pmceeds to principa9.�'sl�all not extend os :
<br />--- postpc�a the due date of the manthly payments referred to in paragcaphs 1 and 2 or chartge ihe amount af such payments. � ___
<br /> !•3� Horrower Not Rekased; Farbearaace Bq Leinder Not a Waive�: Extension uf tUe time for payment or ____
<br /> mi+dif��ation of amonizatian of the sums secured 6y this Secv,.?ity Instrument granted by Lender to any successor in interest ���
<br /> ot�8qiiowcr shalt cet aperate to release the�e"�Cy'af t�e�'sginal Bor[uwer or Borrowers successors in iciterest.Lendeo --_
<br /> � � sly�sj(Qpt.be`r�gu�;o coriucieace praceed���s agai�.st.am�';snccessor in iiitenst.or iefuse to extend time for payment or =_=_
<br /> ` � �sb�+c�:s�modi€G' ,a-��*.:��i of�e sums se�:.-�3 8y[5Js S�cur.ty Instmment b}�'rea�;a:of any demand maAe by the qriginal � _
<br /> (z" 8�c�or•SisE:o���.'s sr,r.�estc�"s in,intemst;'•Any fe�ara��bY Lender in exer�.�?�auy cight or remedy sha1B na�be a --
<br /> '�� � � ua�ir�a�arprssude�5e exer:,ss::o$any r�ghf az s�':•.: � ;.• ;, `.; ::�'"•`::': • � =
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<br /> <<: • . .".ix. $u�s aed Assigps Baund�Joi�t�d Str�Li'abNty,Casigness- '�'�he oQvenants i�agi�encer.ss of this �;��,�r i
<br /> -�^ '%�;` ` • SBc�iiity InstruirtecL sttall bind and benefit LS�:susfiessars and assigns of Lender arsd Scti_:oa�.sc�?:.��aribe provisions oF s
<br />�._;� - `�..,' - p h 17.�rorsriw�v's covenamsand agc�ea3es�•sfsaIt-be jointand seveial:Aay .� ... ��:�c�,si�s.�iis SecuritY .._: �i�` �txf�_
<br /> .�. ,�., :• � 6 a^a.zsaiid caore that ;::��.;;°
<br /> �;,�� ; . . <, Instiument but dces not eaecute the No[e: (a)is co-sign:.�::#Fiss Security Instrument anly tQ issartgage�a.; Y .,.�44�"��`---
<br /> � . _. . ' " $snmwer's interest in the Proge�:imder the temss of th'ss Seauitq Instcument� (b)is naF p�rsa�lty obli�ated t�pay tt�sums . --r'r r:=��`���-�_
<br /> t ��� • � �a�by this Seauity insnvmei�and(cl.a_�that E.ender and anx.ather Samawe��a�^�.a�ree ta sxten�,madify;.foiUear � 'w'a���`.: ._
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<br /> { ��`����;.,«f�s• . oniiraxe any accarsnsc�datians aith re_�ard c4 the cerms of this Seccii�-[�r,suw.•nens or t,�s 11Fote Withaut that Barrower's � <<=•';..,�,i�,,.>>—
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<br /> ,. .� v.� . .�#3. Laan Cir�rges. If the Ie�n see�ed by this.S�.curay.Iasmcmrnt is subiee►tA.a t�a:�c•I�ieh setc maximum ioan r����ti =
<br /> > ,�:;� ch�es,and that law is finally inte�preted sa that the imere�t ar other loan cha es coR:ci:3 br co be collected in cannection } -
<br /> r8 i:'''�, w '-,
<br /> i� = ttitfi sfie taan exceed the peim►tted tim�ts,then: (a)any�uch lvan chacge shall be redvice�Ysy the amount necessary to reduce ��;,,, ,�
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<br /> ; ,��;.:. �f :. thftcharge to the pertnitted limit:and(b)any sums atready coitected from Botrower which exceedec�permitted lim�tg wi11 be _
<br /> :��r:::{�:•••- refunded to Borrower. l.ender may choose to make tbis refund by reducing the principal awed under the Note or by making a __
<br /> '���'���;,�"�`. � dite�et payment to&+rmwer. lf n refund reduceti principal.the recluction wiA be treated as a panial prepaymant w�►hout any
<br /> •�.•� ; .:. � ptt+g�yment charge under the Note. -
<br /> " �� ;? ' 14. Notice9. Any natice tu Borrowcr provided far in this Security Instrument shall be given by delivering it or by -
<br /> sx�� . R: - '
<br /> .i. m�iling it by fic.t rla�.mail ualesti applica6le taw reyuire.use af another method.The notice shall be diceeted to the Property
<br /> � ;� AAdre�+or any other addre�s Barrawcr de.ignate�by notice ta Lendcr. Any notice ta Lender shall be given by firsc dasti "
<br /> `�"�'`�:�= ms�'sl ta Lender ti address�tated herein ar any���ther addreyy Lendcr dcsignatcx by notice ta Bartawer. Any noticc provided far '�'
<br /> ,•:__.. .
<br /> "��� `- '•�� in�tbi�Secu�ity In�trument shall hc decmed to havc been given w Borrc►wer ar l.cndcr whcn given as prav�ded in this� _
<br /> �t_�. � ...,�. _
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<br /> , � ;��.;,� •• - 15. Governing Law=5e�erability. Thiti Security lnstrument shali be govemed by fedcrat law anc!the law of Ihe ; -
<br /> =�=' juri<:diciian in which the Praperry is tocated. ln�he event that:u►y provision ar clause of thi�Security In.titrument or the Note
<br /> �.�:���:
<br /> , , canflict�with appliruble luw,such con0ict shall not affect ather prov�sions af this Security lnstrument or the Note which can
<br /> � ha givea effect withaul the conflictia�pravision. To this end tfie pravicion`af thic Security lntitrument ond the Nate are .
<br /> +�`'�if'�'' ' declared to Uc severable. • �
<br /> ,��'�"'; .,_. _-_: 16. Borrower's Copy. Borrowes shall be given ane conformed copy of the Nate and of this Security InstrumenG 3
<br /> '"� �° !7. Transter o�the Property or a Beneficial Interest io BoRawee. If all or any pan of the Property or any incerest in -
<br /> ,�-z_-�. ; ;:�•. : --
<br /> ,��{ ' ' ' i�.i�aold or transferred(ar if a beneficial intere�t in Barroa�r i,yold or t�ansferted and Borrower is not a natural person) _
<br /> +.. '�:..:. :i. _
<br /> �' ��==� - wifhaut Lcndcr's priar written wn..cnt.Lender may.at it�option,rcyuire immediau pa�mem in full of all sums secured by _
<br /> • 3.�}t,:. � .
<br /> �� •- • thi�Security Instrument. However,thi�aption�hall not t+e exerci�ed by l.ender if exercitie is prohibited by federal law us of � _
<br /> ��;�t :'`�.. th�date of thi�Secarity lnstrumcnt. '
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<br /> =�� �' '� ` � if Lender ezerci::es�his aptian,Lender shall givc Borrow�v nalice of acceleration. The notiee shall provide a pertod of .
<br /> - �;;:. ..
<br /> ,, , ' nat tecs than 30 days from the d:ue�he notice is delivered ar maited within which Borcoaer mu�t pay alt sums+ecured by thiw `:�
<br /> ;.'; - Secarity tnslntment: !f Borrawcr Pail.to pay theyr �ums pri�+r to thc expiratian of thiy period. EenBer may invake any �,
<br /> "` rGmedies pemtittecf by this Security lnstrumcnl without funhcr nuticc or demand on Borroaer. �
<br /> �-�..Y� 18. Barro�er's Right to Reinst�te. IP �orrowcr meet� certaiii ronditions. Bo:rower �ha➢1 have the right to havc i
<br /> � enforcement of ihis 5ccurity Instrumcnt dismminucd at any Iimc prior to thc cariier of: (a►5 days ior such othcr period as ,
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