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<br /> 10.Condomnatlon. The k roceedn ot artY�f he Property,or tor corweyance In�leu ot c�ondemnat o are herebyilh `
<br /> I a n c a n d e m n a t i o n o r o t h a r t a �7 Y� ,4_
<br /> � ass�;ned and sha11 be pakl to Lender.
<br /> � In the avent W e total takinq of tho Property.the proceeds sha►il be aPp�ieci to tha sums rt��ak nbg ot the PropeRy I� '.•
<br />`_ � �__....�...... ,,,�,�►.�nr nnr ttwn due,with any wccoss paki to Borrower.In tho event ot a p� _
<br /> �wht�h the fair market valua o!the Propeny lmmaC�atety i�eiwd���+^���y�°�+��'��•�'�'ro.tnan thw nmount ot tt� _ _
<br /> sums secured by thEs Secu�ity Instrurs�ni Immedlat�iy betore r���{�b the amount of C e�u�s multl��b1'�n �
<br /> writinq,t he sums sec u�e d b y t h i s S e c u r ri y I n s t r u m e n t s h a l l b o Y b t h e f a i r m a r k e i
<br /> fd{owinfl fractlon: (a) m��� �fore the tak(ng. rA uyrb�a ance�hal�be Pald to Hor ower a n�t h e�vent of a partia! �`.
<br />- vaiue ot the Property Y � �`
<br /> takk►g of the Property in which the fair market value of the Property immedlately hefore tha taking Is less than the '�
<br /> ` amount og the sums secur e d Im m e d i at e l y before the taking,unless Si�to the sumsrsecured by t h i s Sec�ur t y �t�� -
<br /> . 1 uNess applkabie law othervulse provkles�tha proceeds shaU be app1 �---.
<br />, � Instrument whether or ncu the sums are then dua.
<br /> If the PropeRy ls abando�ed by Bonower,or ff,after notice by Lender to Borrower that the condemnor ofters to ��:�
<br />, � make an award or sattle a claim for damages,Borr�wer fahs�to�r�Sdat its optean,elt�her to reystQratio o�epalr o��he �'
<br /> ` nattce ls give�,lender Is authorized to cdlect and appiy P
<br /> j propeRy or to the sums secu�ed hy this Secuaiy Instnc�'�'�ent,wheihes or not then deie. ����teRd or �=�'
<br /> r Unless Lender and Borr��ver otherwisa ag�ee i�e wri;'r�q,any app�lcatlon of Pro�ee�s to ptinci�a� --
<br /> postpone tha due date of the mnnthlY PaYments�eferted to in parag�aAhs t and 2�r ch�nse the amount ot sue,h �
<br /> payments ent or
<br /> 11.Bortowet N61 RaSsu�d�Forbeara�nt�By Lt+�tdsr Not a ilVfiiv�. �xtensbn of the t�rtse i�pa1�m _
<br />;�� m�IrycatlQn of amortixatlon of the sun�.s secured by this Securtty Insirument yrante�by Lo�der to any successo�ir► _
<br /> tnterest af Bonower shall noi operate to relsase the liai�i���of the aslg�a o S�"��°��e��o�etuse ot extend
<br />: ,� I�terest.I.ender shaU not be requtred to commence�,►roceedings aga Y
<br /> tlme tor pa}►m�t or othervvlse modffy amortlz�tlon of the sums secured by thls Se�.arity Instrument by reason e�f any
<br /> = demand made by the original gorrower or Sortower's successo�s�n inte�est.Any forbearance by Lende�in exerclsing
<br />-:� �y�(y►�t��emecly shaU not be a walvar of or preclude the exe�clse of any�ight or remedy.
<br /> - 12 Succstse�s�nd Ass{�^s Bound;JoiM�nd S�verd L.�bility;Co-si�ne�s• The covenants arsd agreemenis of
<br /> thls Securfry InstnimeM st�all bind and benefli the s�uccessots
<br /> and asst�ns of lender and Borrower.subject to the
<br />_ provlsions of paragraph 1 T.Barrower's covenants and agreements st�aU be Jatrrt this S urttY�rument on(y o
<br /> co.slgns this Seaurity Instrument but does not exe��de tha Note:(a)ts co-signing
<br />-�.'. mat e� rant and comrey that Bana+�e�'s interest tn the PropertY und�F��eand�C°agr�t�hat�Lendern n�d �(b�� _
<br /> �,. �ot �pars na ly ob8gated to paY the sums se���ed by thls Sccurity 1 nstn� ��resard to ths temns of thts Securi�Y
<br /> gorrower may agree to e�end.modiEy.ferbear or make any accommodatio
<br /> � Instrument or the Nnte w�thai Borrower's consent
<br />_�-•� 13.Loan�har+�a- If the loan secured by this SecurifY lr�ument is sublect to a law which sets maxlmum loan
<br /> �.�...�... �,�;.M„ul��arnrated so tt►at the lnterest or other loan chacg�3s coltected or i.o l�ha tected i��
<br /> �i (�i���U�o\Mtii w• -..
<br />- �� coru�ection wUh the toan exceed the Pesmitted Iimks,then:(a}any sucn ioan ci�n�ye�.a��.w�--=, -- _
<br /> = ryto reduceilrtuts wi�be�nd�ed io e Iimitea�eanr ay�choose to ma�ke h�ef dby re�du�ci�thie
<br />— e�cce�eded pemuttad mer►t to Borrower.If a refw�d reduces Ptlncipal.the reduction
<br />_= principa!owed ursder the Nate cr by making a direct pay ������
<br /> wYl be treated as a partial prepaYm�without anY P��Y��
<br /> t4.Natic�e. Any notice to BoROwer provlded for in this Securih►Insuume�t shali be gNen by delfvering ft or by
<br /> ��� mailing�by flrs!dass mail unless appUcable law requires use d another method.The nottce shall be directed to the
<br />�-� ma
<br /> AcidrASS or any od�er a�dress Bo►rower deslynates by notice to Lender.M notke to Lender st�all be 0
<br /> � d e�g
<br /> �y�dass mafl to LendePs addr�s�shatl be dneyemed t t�ia e bee��en to Borrowe ot Ler�der wt�en given y
<br /> —_� nartice Provided for in this SecurdY
<br /> �� as pravided ln this para�raPh- federal law a.nd the law of the
<br /> 1 5."G o w rn i r q L a w;S s w n b i l i t y. T h i s Secu ri t Y Inst�umeM sha�i ba govemed by
<br /> --= jur�tiicxion 1n wh�ch th.e Prot�tY is located.In the event that any pro�►isto�o�c l ause o f t h i s S e c u f i t y I n s t r u m e�n t o r t h e
<br /> ' Note consicis withh aPP�ica�f�e l a w.s u c h c anflict shail�������ovis�btns�osf�his�Sec�Y�nnsw�a°d�the
<br /> �- wt�lch can be given effect witF�out the conflictinfl Pr
<br /> Nate are decfared to b e sev e r a b l e. af the Note and of this SecuritY InsUUmern•
<br />'���,� 16. Bon�ow�r's Gopy. Borrower sfnat!be given one conforrned coPY
<br /> 17. TransiK of ttw ProQ�ty or a Ba�eficial lnter�si i�Baroww. If all or any part o#the Properry or a�y
<br /> "�' Interest in�f�sold or transferted (or ff a beneflctal tnterest in�orrower�S so�d or tra,ns�e Immedlate paYment full of all
<br />—_� natutaf person)without Lender's prior written consenc.�-ende�may,at its option.req
<br />._.�;� sums secured by th(s Security Instrumer�. Hawever,this option sha!!not be exercised by Lender rf exerclse is
<br /> _� prohibited bY fedeial Iaw as of the date�this Security Instnimeri�.
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