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<br /> caedemoatian oi qher nking o�any part of the Ytvperty.or for cat��Yance in iteu of axutemnation.ate herebY assisncd and
<br /> st�ll be p�id wl.md�� � ,
<br /> � In tt�e eveat of a tor�}taking of the Property: �he p[oceed+,shalj 1x apptied to the sum� seammc!�6y tfiis Sccurity .
<br /> � Luwma��whet[x►or not then due.with any,ex�ss pai�1 w Borrou•er. In the evcnt of a p;utial taking of[he Propecty in .
<br /> ` . w[,ic6 the{ais�par�Cet value of the Pt+nperty immedia}te1Y�eforc the tal:ing is ec�wil to ar gmater than the amamt of the sumy .
<br /> son¢ed by�hys Se�carity Insvutne�t niu�ediatety 6efore ti�talcing.tutless Borrower�L.endrr othenvisc agree in writing.
<br /> tbe sums se�red by t6is Security Inswauat shatl be reduced by the amamt of the procceds�nt�luplicd by the foitowing
<br /> �r�etion: ta)the tusal amouat of tbe swns s�ummediateiy bqforr thr t�lcir�:divided 6y Ib)the fa�r madcet vatue of the
<br /> — ,.-_ --- ptapeny immedix�tely befasie the taking Any b�lana shall be pa�d t�Barawer. In ihe evertt of a partial taking af the _
<br /> pmpaty in whic�the fair mar�et value of the Properey immediatety before the taking is less�han the amcwnt of the sums .
<br /> secuied imrtxdiately befoce the�aking,untess Sorm�er�d Lender otherwise a�r+ce in writing c�r unit:.s apptirabte�w
<br /> �w�se�cOVi3es,the pnoceeds shalt be applied ta tix sums secured'by this Secnrety In.trument whett�er ar nc►t the sumc are
<br /> tt�en due. �
<br /> Tf the pcapepy is ahandorKd by Borrower.or if,aftes nodce by Lender m Bttrrowst that ti�e'condemn�x off�s to make
<br /> an award or seule a claim for damages,Borrowet fails to respond to Lender within 30 days afte�the date the notice is givcn:
<br /> I.atider is anthor"vsd w coUeet aiM apply the procceds,at its optia►.eitlxr to restaration or repair of the Property or to tAe
<br />-- sums secur�ed by this Security Instcumrnt,whether or not then due. '
<br />=-= Unkss Lendec and Borsawer dherwise agree in writing,any application af pcaceeds to principal shal!not extend or-
<br /> _,_ postpone the due datt of the mond�lY paymrnts referred ta in paragrapns 1 and 2 or change the amannt ot'snch paqments.
<br />:-�: ll. Boerower Not Rdeased; Forbarance By i.�dee Not a Wai�er. Exceasion of the titt►e for paymeat or
<br /> �odifitation af amo�ti�arion of the sums secured by this Security instrument grant�d by I.ender to any succetixor�n intercst
<br /> • of Barrower shaU not operate to retrase tfie liability of the oripnal Borrowec ar Borrower's successors in interesa L.ender —.
<br /> -�_= shall not be requircd to commence proceedinSs againn smy successot in imerest ar refuse to eatend tirnz far payment or _
<br /> -_ . . a}�y���udify amcstizaaon of the soms secuc�d by this Securiry In.strument by masan of any demand made by the origirrel �.
<br /> - - $�W�a g�wera s�c�sors in interes� Ang forbearance by Lender in exercising�y right or remedy shall noi be a �-�__-
<br /> waiver of or pnclude the exercise of any ri$ht or zemedy. �'—
<br /> u S��p�g�pu���ot��a�Se�wal I,i�biljty;Co�trs. The covenants and ageements of this pY",:.--�--�-�
<br /> ud
<br />� . Security InstrumeN shall bind and 6enefit the succ.essors and assigns of Lender and Borrower,subjea to the provisionc oi' _���°�-
<br /> paz�a�i lT.Bom�wer�s covenants and agreements shal!be jaurt and several. Any Barrower who co-signs this Security _ `
<br /> __ . .� lnstr"um"ent but due.c aaoi execute the Nctite: (al is co-signiirg this Secarity Insaumen�only to mortgage.pant and convey that _
<br /> ' Borrower's intecest i.�t8e PropertY under the tertns of this Security tnstrumertx tb)is not person�lly obligated to pay ihe sums
<br /> secaiedby this Security Insuumenr and(c)agrees that l.ender and any other BorrowPr may agcee to extend,modify.forbear _
<br /> . " ,.;,;; m make any u�ommodations with regard to the terms of this Security Jnstrument or the.lVote w7thaut that Bonower's•
<br />' • CO[ISeaG . �.. ' ,
<br /> °, `_ I3, 1.oa�n Eharge�. If the toan sec�red:by this Security iastrument is subject to a law which seu maximum loan ��µ.�.;:, _,�_-
<br />• �tr � ' charges,and that law is finally interpneted sQ t(�dic interest or other loan charges collected ar to 6e collected in connectioa ,,:::�,�,_. .
<br /> � • � with the laan exceed tl►e pe�miaed timits,then:'(a#any such loan charge shall be reduced by the amaunt necessary to reduce .ar'<.
<br /> � tbe cliarge to the petmitteci limit;and(b)anY sams already coltected from Bormwer which exceeded pemtU?ed lim�u will be � `•:�:--. =
<br /> arg
<br />: � `� rcfus¢ded to Borrower. Lender may chaose ta matce this refund by re,�ucing the principal nwed undes the l�ote or by making a .�.�=`-'.:;
<br />�� f.��,` dire.^¢paymen�to Borrower. lf a r�efund reduces principal,the�iuction will be treated�s a partiai prepayment without any .�.T;�Y:•�.. -
<br /> .r , ' ' prepayment charge under the Note. 'Y'�'"'�':
<br /> � `r � 14. Notices. Any�otice to Borrawer provided for in this Security instncment shall be given by delivering it pr 6y .
<br /> � mailing it by first cta�.s mail unless applica6le law requires use of anather methad.The notice shall be directed to ihe Property ,; ". .
<br /> Address or any other address Boaower detii�nutes by notice to Lender. Any notice to Lender shall be qven by fint class . .
<br /> ' .K, mail to I.endert address stated herein or any other address Lender designates by notice to Horrower. Any aotice pravided for, , .;,s..- _
<br /> � . in this 5ecvrity lnstrument shail be decmcd to have been given ta Barrawer ar Lender when given as providec!in ihis .;;.;,.;.,;��,:
<br /> , - ParaPaPh• . `.�`,g�:'
<br /> , . 13. Governing Law;Severability. Thi�Security la�trument tihall bc govcmed hy federal law and the !uw of�he _
<br /> juricdiction in whicb the F►vperty ic lacated. 1n the evem that any provision or rlause af�hir Security In.rtrumenl ar the Note
<br /> - conflicGs with applicAbic taw,�uch conflict shall nm affec�mher pravisians of thi�5ecuri�y Inrtrument or t�a Note which can
<br />� be�ryen effect withoul lhe conflicting provisian. To thi4 end�he prnvi.ionti uf 1hi�Security Instrument and the Note are .. .
<br />� d�Lwr�to be severablo. = � . �
<br /> �. t6. Borrower's(.'opy. Barrawer shall be�ivea one coa`7rrned copy af the Nate and of this Security tnstcument.
<br /> t'� �� � l7. 7Yansfer otlhe Property ar a 8enef�cia�E ta4erest in Borrower. lf aU or�ny part af ihe Property ar any interest in
<br /> Fi. �` ''" it is sold or�runsfected(or ii a beneficial intec�t:ia Bonower is sald ar tran�ferred and Borrawer is mo�a nptural penon) -
<br /> � � without Lender's prior written con�enl.Lender mny.at its optinn.require immediate payment in f a0 of a�t sums secumd by _ �
<br /> --`-� - � _
<br /> ' . this 5ecuriry lnstrumen� Hawever.�hiti aptian shall nat be cxerci+ed by Lendcr if exercisc iti prohibited by fedcral law as af ,;:.�
<br /> � � the date of thic 5ecurity Instrumen� � °t%:��:`
<br /> ]f Lender exerci�e+�th'is option.l.ender shall give 8onawec notice of Accekr:di�+n. Thc naticr shall pravide u peria!of ���`
<br /> i.'L.1._�..
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<br /> . ' a`��', not less than 30 day�from thc date thc notice is ctetivcrcd or maitc d wil h in w hic h Horrower mu�t pay ait<�m��ecured b y thi� �;�
<br /> `.. �z;,,� ,�.;:��� � 5ecurity Instrument. If Borrawcr fa�ils to p.ry the�e+umr prior to�hc cxpiratian uf'this perioJ. Lende�may invokc any � ,
<br /> ' '•�'��t*�'�'��' � remedies permittcd by this Secudty Insirumcnt withnw further nutire ur den�and��n 8nrrowcr. '�
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<br /> �R:'�����.� ]8, Harro�'tr s Righ!to Rel�state. If 8onowcr mects ccnain randitiunti. Hurrnwer�h,ill havc thc right t�h.�vc :•. ,.
<br /> • ���{+��'� ' ° enfbrcement of ihiy 5erurity In.rtrumcm disruntinued at any tinsc prior to thc carlirr ufs Iaj,5 days lar.ruch c�ihcr pe�iMl as � � �
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