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<br /> � ' candemnati«t or other talcing ot any patt of the Praperty.or�o�c�nvey�nce in lieu of condecntc�tion,arr 1xKe6y assigned and
<br /> shaU bc paid ta Lender. •
<br /> . tn the event af a totat taicing of�hc Ptupeny.the pmceeds shall br appiicd to the sumti secured`by this Security
<br /> Inswmenf,wh�hec or�wt thrn due.with anK'eace�s paid to Bomower. In tl�event of�pxrtial taking of the Property in
<br /> � - wf�ich the fair market valae of thc Property anmediately before the takin�is equal to or�ncatcr than tf�amount of the sums
<br /> • serured by this Securityr L�stniment immediately 6eforr the qking�antess Bortow�er and Lender otherwise agree in writing.
<br /> __— . the sums secur�by this Security Instrument shall be reduced by the amount af the praceeds multiplied by the fottowing �
<br /> fraaion: ta)the total amiwnt of the sums secured.immediately 6efore the taking,.divided try tb)the�fair market vatue of the
<br /> ' property immediately befote the takiag. My baTance shalt,be paYd to Barrower. Ip the event of a partiai taking oi tha
<br /> p�nperty in Kfi9eh ttse fsbr martcet vatue of.the Propecty immediately before the taking is fess than the amanc�t uf the sums =-
<br /> sesured immediately before the taking.untes.s Bartower and Lender othenvise agree in writing or unless applica6te taw _-___
<br /> otherwise pcovides.the praceeds sdall be applied to die s�uns secuted by this Securit�Icuwment whether or not the surt�s are
<br />_,�: thendue. " - -
<br /> - tf the Propett�is a6andoned 6y Bomower.or if.after no6ce by Lender to Bortowec that the condemnor offess�aiatce ___
<br /> -- ' an awausl or seuk a claim fae damages.�um�wec faifs m rGsa�:ar.�to Lender within 30,dayx after the date the natis"r_�`��.:c�,, •• ���
<br /> ' Lender is authorrr.ed.ta.col[ecc and a 1•the rocc�eds.a:.�s.�i��,?.eiittti�to restoratian or repair of the P►vp�at:i�s���e� �;-`_�-
<br /> : i
<br /> ` snrn.g,secured$p-tisi�SecusitytnsPcumpent whetherorrto�u�i�clu3 '�, � .. �. . �
<br />-,`< ', . . ` • —
<br /> •�:. 5.;t11t�s[.ender�td Bc�oaes o3i�ecwise ag�ee m vrriJag.�n�apO��Tc�of pcacecds to princi��;ro�;�...d vr �-' �`
<br /> �1 '�C,s'��axch�dued�eofthe�ia�,y_�a�iqeersre�esre,#�6��arag�?I?'�s;�aa�2�-cErau�:,theamousit.�fs-�:��'s. �':.� __---
<br /> ; ; ' :'ll. BoRUR'ee 1ot Be��F�r.�noe:8�:�i.e�td�i'1�i`S���7i�el: '��Z��a.� a€�� "t¢tter fot'pa}Tnet1l or i �
<br /> R� �siud�'ration ofamarti�ation c�t��sc.m���b��3;is Seru�.-.�y"Ir�r-"¢n��:'-���.e �et ca an�success�r in interrst :° r-�.W.-_
<br /> }" , bf Bormwer shall nw/�yp��p�a..fe�a�se�'re.L�i•�� rtlie,�.�"y�nal Sarrawer or 8or;�are�'s successots in interes�t.I.ender . , j'
<br /> .Y � _ , . ..�...•...� .. �7�.. . �'..b' .
<br /> � � sba[t na be requind to comm�re praceed'�ngs against 3nY:successor in inter�st or r�use to eatend time fnr payment or �'�`;;..
<br /> _ 3
<br /> �� ' ottuerwise modify amortization of the sums secured 6y this Securiry insuument by re�n of any demand made by the orig'snal �===';=;
<br /> .` Bocrawer or Bamnwer's suecessot:s in inte�e.cc. Any focBe•rrartce by l.ender in exec+cising any rigf►t or remedy sha11 nat be u r'� '"�>� =
<br /> ��:-.
<br /> �a � waiver of a preclude the exercise of any.right ar remedy. • - _�;,,f'�
<br />�1 : 12. Suoeessors and Assigns Baoad;loi.at and 5everal I.iabilfty:Co-signe�:s. The covenancc and ageement�:af thi�+ . •
<br /> - Security insuument shall bind and benefit the successors and arsignr of l.ender and Borrower.tiebjert to ehe pruvisians af . , ��� �=_
<br /> • ,�, , . par.�raph i7. Barrower's cavenantc and agc�eeme�ts shal3,be jaint and severaL Any Bormwi�who,�igns this Srcur�ty , � ___.�_ _
<br /> zF�r�� Instrument but does na�execute the Note: 1�!is co-xigning this 5crurity Instrument onty tn mortga�c.gau�t and convcy that �`� � -
<br /> x � Boaawer s�interest in the Propeny under the termz of thic Security Intitrumcn� tb)is not penunally obligatcd t��pay thc+um+ �_
<br /> � ='�'�• '`� secured by ihis Security lu�ttumcnr and Icl agrces that t.endcr and:u►y uthcr 8oaower may agrce tv cxten�l.m��lify,fiut�ear -�_
<br /> 'f`^Y" �'� ar makc any Accommodatianz with regarJ to thc tcrmti oi this Sccurity Intitrumcnt or tl�c Notc without tbat R��rtoa•cr� -
<br /> , "t��lY!�r.?! �: ' ..
<br /> cortsem. .
<br /> `�-• 1J, Los�Charges. If the loan�cured hy lhis Securi[y In�lrument ix�ubject to a law which sets maximum taan � -� �i_
<br /> � r,. r
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<br /> '- ,.,:, ,��_� ' charges.and that law ix finally interpreted.r•o that the intere.rt or othsK taan chargex coltected ar to be catlected in connection �r. . __...:_'
<br /> ,..�,. . with the lau�exceed the pertnuted limits,then: la)any such loan charge shall6e reduced by the amaunt necessary to reduce ` "
<br /> �.�:�>-. - the charge ta the permitted timi�an�(b)any swns atready collected fram Bormwer which exccedcd rmitted limits wiQ 6e ��`�'�•' �
<br /> . . a.��: � ..�'-:•._�'.. -
<br /> =.�%E.���.._•, mfunded to Sarrower. Lender may:choose to make thic refund by reducing the principal owed under the Note or by making a .. ... __
<br /> ��":����:=N�a direct payment ta 8ormwer. If o refunct redece�principal,the reductian w�ll be tr�ted as a partial prepaymem w�thout any N=,
<br /> ' • .' . prep�yment charge under the Nate: • ''`
<br /> 14.!Natic�.w. Any noiice ta Baaowec pravided far in this Security Instrument shall be given by deliverin�it or by - -`�'.
<br /> �-� ;�"��". "� � mailingit by fint cTass mail unteny applicabte!aw rec;uire,u,e otanather method.The notice shall be directed to the Propeny . _,
<br /> ,•. ��" ' Address or any other address Bw.rawer desi�.nateti bp nouce to Lender. Any notice to Lender sha!�6e given by fir.;t clatis � _
<br /> - 'c'`.:�`"°�` '• mail to Lender's•address statect herein otuny other adcfres4 Lcnder designatew by natice ta Aorrowec. Any nolice provided for �`, '.
<br /> <�.-�,'.�.1;'�` in this 5ecurity fnstrument shalt 6e de�rred to have beere given to 8arrower ar Lender when given ac provided in this �- ,;', �
<br /> , '.:,',:�;..�;;�w,.•;�'�'. paragrAph. ,,
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<br /> '•��1�: l5. Governing law;Se��sabifity. 'i'hi+Sccuri�t+h�trument sha11 be gati-crried try federa! taw artd the law of the i ,:.;,:�,.,. . _
<br /> � �t.� ' Lrisdictian in which tf�e Pro i�lacateal. In the evenz tf�,a:an mvixi�n or clau�e of this Securit In�trument ar che Note t�-��-���`��
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<br /> conflicGa with applicable law.such conilict yh:�ll not affec�al:�.r pro�•'riic.nr of this Sec:urity Instnunenc or the Note whech can !:'':` � . ' -
<br /> �••���� �-` ' ' be given effect without the canflicting provisian. To tt:�cad tl�e pros•;.iony nt'this Security In�trument urtd the Note a:� • ,.
<br /> . ,:.f��_r�. _ _ decdared to be severabte. � ' ' .
<br /> ;;-;
<br /> " '�""'"� 16. Borrower's Copy: 3arrawer yhall be given�ae�:anfarmed rnpy oi the Note and of'Ihiti Serurity lmtrumrr:�. , � �.
<br /> �,��.�f`� ��` I7. Transfer of the Prt�erty ac a Henettcial I�c�ssf in Borrowe� li all or any p:►rl oi'the Ptaperty or ar�y�i:'�'est in ,' . ��=
<br /> 1y ;�..;::;;:e .<'. • .,:
<br /> ia is sold or trnnsfetred(or if a bene�cial interetit in Barrowcr iy tiold nr tranzfcrrcd and 8amnwer is ttot�n2*.wra!penan) . _
<br /> �;;;;,�:.; �
<br /> • � s,,..;r;, . aithout Lenderis prior written canscnt.Leader may,ut its opti��n.rcyuirc immcdiatc puyment in i'uli af a[I srrms s,cnmd by . :�_
<br /> ".j"�'-� � : � tiais Securiry Instrument. However.ihis option shall nrn ix exeni.cd by l.ender if excrcise i�pmhibit•:G by feGera�1aw s�s of � � -
<br /> � �: �•- - �:.�ate of this Sccurity lnstrument. . ,..•
<br />" =' - ' • 1P l.endcr exemise��hir aptian,l.endcr ShaU give Barrowcr rtutirc��f acccicr.oion. Thc notiae�hall pmvid:a Aeri�of
<br />� , _, . ' . rtot less than 30 d.iys f'ram the dutc thc aotirc is dclivcr�tl��r mailed within which Bnrrowcr mu�t pay:�Il wumv sec�rw3 b}�thix
<br /> � 5eruriry Instrument. If Bom�wcr f:iil+�tu pay thc+c sumx priur ti�thc cxpiratiun ui thix perial.•l.endcr may in�•okc any
<br />: � remedies permiKed by Ihiz 5ccurity lm�rument�vithuut i'unher notice ur demand un Bnrcawcc
<br />� , . . . � 18, Bwrower's Right-fu Kr1�91ate. If Hirrrawrr mec���ccAuirr ranJitianv. Hnrn��vrr tii�:�ll�have�the right�to havc ► .
<br /> � ::.. . .
<br /> enfdreement af this Securiq�In.trumrnt di�c��ntinucd:n sm�,limc prinr tu tt��rarlier ul: Ja�5 d.�yx l�u•such'nthcr peri�xl a�
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