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<br /> .cp�darm�m or otber t�iciagoi•anY Pa�c of ttK Ptoperty.or fw conveyance in lieu of condannati4n.�e hercby assigned,apd .
<br /> stu11 be paid w�..end� .
<br /> In tl�event.oi a twal,taking.of the PropMq. the p�oceeds shall be applicd to the swns secured by this Securicy
<br /> In�u�t,whether ur ttot tt�n due.with any excess paid co BorroKer. 'in the evenR af a partial t�king of the Property in
<br /> which t1x fair market vafuc of the Property immediat�[y befae tAe�king is equal ta or gr�ater than efie�nww�t of t!u sums
<br /> sxured by this Savrity Insm►ment im4nediately befare the taking.untess Rormwer and Lender otherwise agrne in writing.
<br /> •the sutns secur�v!by�his�Secutity lnsue�mcnt sha11 br reduced by the a�naunt of�he prooecds multiplied by the fallawing
<br /> -- fiaction: tai thc tat�l a�naunt of the swn.c secvr�d immcSiau�{}befarc the taking.divided 6y 1b3 tbe fair macket vaive of tlm _
<br /> . . Property immediatety bcforo the taking. Any b�SaACe sh�l1 be paid to Borrower. tn thc e�cat of a paniai taking of the ,
<br /> PropeAy m vrAirh the fair muket vatu�oFthc Properry immediatety befor4,tMe taiciag i.le+�th:m the�moun�af the sums .
<br /> secured immedi•rtely bet'cxe the takyng.unlea+Borrawer and Lendcr otherwise agree m writing or unless applicable law
<br /> � othet�vise provides.the pcoce�vLy sf�lt be applied ta the su�secured by this Sccurity la+trumcm whcttkr or not t.l�sums ate
<br /> � — ' then due. � � �
<br />�= If the Prape�ty is atiandoned bS Bormw•er.M if.after naire by lxnder m Bartaw•er th��the axidemnor offrrs to make
<br /> an award ar settte�ciaim fix damages.Borcowxr fai[s ta nypond sn Lender w�iiltin 30 days atter the date ihe natice is given. _
<br /> . Lender is authnri7�d to coikct�nd appty the pmceeds.at its aption.either to restoratica►ar repair of the Pcopea}or m.the - -
<br /> sums srcured b}this Securiry Instrume�k wticihcr or not then due
<br /> Untea�I.ender aad Bamwer othecwise aSree in writing,a»}applicatian af•proceeds ta principal shati nat extead or
<br /> - postpone thedue date of the monthiy paYmentc�efe�d m in paragraphc t and 2 or chanse the amonnt of suct�paymems.
<br /> 11. Barrawer 11'a Refeased= Furbaranoe By I.endrr xoc s �Yaiver. Extension of the time for payment or ___
<br /> modifieadan of•amortization of the sums secured by this Securiry lnscrument g�anted Dy Ixnder ta ang successor in mteresc =
<br /> op gadnwer s}�a1!not ape►�ate ta retease the tiability of the original Borrower or Borrower's successors in intetest.Lcnder , _---
<br /> shall not be required m comrt�ence proceedings against any succ�essor in interest or refuse ta extend time for payment or =__-
<br /> ' attrerwise madify amonization of tt�e su�s secured by this 5ecuriry In.�m►nt 6y�eason of any demand made b�the original =__Y_
<br /> � gorrower or Borrower's successors in int�resl. Any fotbeacance by f.ertdet in exercising uny right or remedF sha11 not be a --
<br />• •" waiver of or preciwie the eacrcisc of any right or re�nedy. �_-:--
<br /> s-' ._ 12. Successors and Assign�Bonnd:Joint aad Sererat I.iability.Co�'s- The covenants and�roeme�s o�this ---�_—
<br /> T,t.' �
<br /> Seeurity lnstrument shaq bind and benefit the successors and assigns of Lender acn�Bomawer.subject to the p�acrscans af �.ft±;�L•-
<br /> - _- - . paragcapu 17.Borrower:s covenaltts and agreement� s(�a11 be jozn�and severa{. My Bottower who.co-signs this Secvrit�: ;���
<br /> �
<br /> ' Lutrument 6ut does not execute the Note: (a)is ca-sir,,m'ng this Se��anty Inurument only to mortgage,gar►t and cdncey tt�' _
<br /> Borrower's•interest in tfte Propertp under ihe terms of tlusSecurity In.nnsmen� (bl is not personally obligated co pay the sums �;_.�.;-•
<br /> _ ,..,.,'�`�� . secured 6y this Seasrit}lc[sttumen�and(c)a�t�at L.ender and any other Barruwer may agme ta extend.matify for6ear _ �., ,
<br /> f� ���� • ur make any accommodation� with regard to th�t�ins of this Security Instrumen[or the Note witiwut that Bartawer's '' '=Y�°._
<br /> �- '�"=
<br /> ;;� consent :;`;:�,`_
<br /> ,F'''`"'"'� 13. Lt►�n Charges. If the.toar:.ss7�r�by[his Security In.�tntment is subject to a taw which set+maniraum Ioan y.;--��;__
<br /> a �c.;y;: .,
<br /> _ �'`�"''" charges,and that law is finallp intergc����a�a:u'�at the interes�t or other laan charges collected or tn be callected in cannectian fi-_;-
<br /> � - . ��•• -
<br /> witb the taan exceed the pem�ittaf limiss.th�:-�.�at a:sy such loan charge shall be teduced by the amaunt necessary to reduce ,�"-"''
<br /> ..' l • � "tlte charg�to the permiued limi�and(b)any au�.4 a.�xeady catlected from Barrowtr which exceeded permitted limiis wiU be ���
<br /> • -fi--t-
<br /> � ••``'=��;.. � • refunded to Borrower. Lender may choose ta ma��?1-�i�nfund by reducing the principal owed under tt�e Note or by making a ,, �'���=•:
<br /> � "?;� :�;rs�,;�_ � direct payment to Botro�ver. If a refund reduces pii:soipat,tite reduction will{�.:tr�tted as s►partial prepayment without any �::,�.;;,;:_"
<br /> �'� ° � prepayment charge under the Note.
<br /> .�`�������� �_' ' . 14. Notiees. Any�atice to Borrawer pro��id:�:for in thiti Security I��u*.�entshall 6e given by delivering it ar t�p ��
<br /> .�r�at;s�°..•:- .' mait"mg it by fir:st ctass mail unles�applicable}aw se��s use of another metF�a�.�he nuiice shall be directed ta the Properry . +�-
<br /> ,�;yry '�'`' �' � � ' Addre�.t or an other a�dress Borrower designata`��notice ta Lertder..Any nB�i'se ta l.ender sha11 be gi��c��Hy fit!�t clacs , , :
<br /> ,.�qf �.t.;,:.: , y <.
<br /> � �+�y�! �`- mail to Lender s addre�.+ssa'r�tf herein or any athec a��rer.c Lender dcsignates by catice to Rorrower. Any nurr:ti.pravided for . � ,
<br /> � ':--Y- ,' `
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<br /> , ,„,,,., �T�,•,;��;. � in this Security Insirumes�s shail be deemed to have been givcn ta Baaower or Lcnder when given as pravided in this . __
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<br />• . - �.�;�+•:'t•� � 15. Governia l.�w:SeverabNil . Thi� Securit In+trumcnt +hali he ovemcd b feGzral taw a:�d ihe law of the - '•����--"
<br /> R Y Y S Y .", ..�s:;�a:
<br /> - .. . . jurisdietio�in whiehthe Pcaperiy is located. fn tEee etent that any provisian orciau,e of thit Security Uytci�:iaent or the Note ,...� '� ',_�'z--
<br /> `�"�4`::�'`;'•,�, •, conflic�s witb applicz�'t,•iaw,sucb eonflict tibali not z�fcci other provi.rioati af this S:curity intitrument or tC�e�+�te which can r�,:��'' • _
<br /> � .. F•r,::j:...; ''�'�
<br /> - :=,.�=,; . ,,,,�.,,� he gi��cs effect wi4ioeh•the canflicting provi�iors..T�this end the provi,ion.r of���is Security Instrument::r.�the Note arc ,
<br /> :,--,. ..�.,,. , d�:l��c'ied6ese�'q'able. •� .. :
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<br /> " �` 16. Borrower!�Gopy. Borrowcr shal(Ne gi���.one confarmed copy nf the Notc and of this Sccurily Insirumem. '>'=
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<br /> �.» -� l7. Transfer ut the Piroperty or a Beneticial io�terest in Borrower if All or any parl af the Property ar any interest�n -
<br /> , a y;�_..•: , . __
<br /> ,..,..,.;�.� it is sotd ar trnnsferred.4or if s�bencGcial interc�a i:�8��rrowcr i.r rold ur irunsfcaed and�arrawer is no�a aatural person) �
<br /> ' without Lender�priar wrinen carnem.I.cnder rray_at it�apti�►n,rcquire immediate paymenl in full of aTE aG:ns sccured by �
<br /> ��I'`=;� =y��r; thir Security Instrumcnt. Howcver.�his opti�n;rr.a�:not be cxercixd by I.ender if exercise is prahibitcd by t�deraf taw av af •:�••
<br /> •�M•..:.ti- .•
<br /> m�;�;'-�:-;=� , the date of thia Security In�trumcnt. - _
<br /> � -'.,�.L:=:".':'�': lf Lender exerci�ev tbis op[i�sn,t.enb:r:�.'��;ivc Bnnowcr nnticr of acccicratie�n. The nacicr.halt pravide a peri«1 of
<br /> �'' , � not less than 30 days f'ram the date�he nntice i.c�r,�<ered or maihd within�vhicb Borrower mu.z pa}'all+ums secured by this ,.
<br /> . ' � Security Instrument. If Hnrrower P�it4 to pag zhe�:�um�prior to Ihe cxpir,diun��f Ihi. peciad. Lend.r may invoke any r
<br /> ;-•-�,� . •;.;, :• remediex permitted by this Scrurity Imtrumee���i:5•sat funher n��ticc or dcmanJ on Borr�ncci. .
<br /> �- �`::;` t;.' ' " IS. Burrowe�'s Right tu Reinstate. 1�.ws�rrnwer mccty cenain cuttditinn�. BOROKCf �ha(i ha,�r,2he right to have �; �
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<br /> • `��:;`•`��' • enfore:mene af this Secudty lnrtrumcnl diu:ontin�:c!:d.my timc priar ta�he carlicr of: !a r 5 cta�+(or.seh other periai a,�
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