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<br /> condemnaiinn�K athcr tuking af an�•pan of the Pr��perty,or for conveynnce in lieu of condcmnu�ion,ure hcrchy ussigncd und
<br /> shall be paid toLender.
<br /> °� In the event of A iatal taking of the Prapeny, the praceeds tihnU l+e applied u� the �um� tiecured hy Ihis Security ���'°
<br /> Instrument. whethPr or not�hen due.wi�h un�exces. aid to Bnrrower. In Ihc cvcrn of u panial tAking of the Praperty in ,,h
<br /> . "i� which the fait mt�rket vnlue af�he Property immedia�ely hefore the tukinE i�cqual tu nr Freu�er thun�he�mount of the xums ��r-
<br /> �ecum�l h; tb�Securii}•Irnirument immediutrlv bc•fore the�ukinF.unle�+8nrrc�wrr und Lender o�herwisr agrer in writing. �'��,�_--...t__:_�_
<br /> ' , � the rcum�+ecured by thi• Security Inxtrument shall t►e reduced hy�he amoum��t the prcKCrd. mult�plied by ihe lollaw�ng ��_. ��
<br /> fraction: �u)the taul amoum of the sumti secured immediutely before the tuking,divided b�•Ih)the fa�r murket value of the l«�—
<br /> �'�."
<br /> Prupeny immediutcl� bcfcirc ihc takiog. Any� balance shall be paid to Borrower. In the rvenl of�� paniul taking of the �.-�_.----- _--___..,__
<br /> �� Propehy in wfiich�hc fair murke�value uf the Propeny immedi�tely bePore the �ukin�i. less thun �he amoum of Ihe sums {� �• �•°-�-��-
<br /> I w �^~� �:�(G"y ' "',;'
<br />_ secured immediately before the�uking, uoless Bortower •rnd Lender atherwitie uprec in wri�inF or untey. applicubte low '�
<br /> otherwitie provides,the prcxeed�xhatl t+e uppli�d�o the sums secured by this Securit�� In►trument whether ar nat the sums arc .�-���
<br /> ' ' ^ thcn duc. ''?-� �
<br /> If ihe Pra n� i�abundoned b Borrower,or if,afler na�ice by Lender to Borrower that the condemnor offen w muke fi�':
<br /> I� ) Y '•' s,�:'�
<br /> an awnrd or setde a claim tor damageti.Borrnwer fuil�to re+pond to Lcnder within 30 da�•�af[er thc dolc the notice is given, ,�-` ;°
<br /> Lender i.authorized to colkct und upply the prc�ceeJs,at il+aptian, eilher to restoration or repair of the Property or to the •..n-�.:..�+�w.�:
<br /> :;:.y,r ,.�� �,..��...,
<br /> sums xewred by this Securiiy Instniment,whether or not then due. � ,s _+�
<br /> Unless Lender and BaROwer otherwise a ree in w�ritin . an u lication of roceed�to rinri ul xhs�ll nat extend or ��`
<br /> B R Y PP P P P -. ,�tr�,•-.----
<br /> postpone�he due date of the monthl��pa��mentti referred�o in p�ragmph�I and''or chanFe�he amount of�uch pa��ments. •� _��, - =_-
<br /> 11. Borrower NM ReleASed; Forbearance By Lender Not a Waivcr. Extension of the time far payment or :;,,�;����
<br /> " madificuticxi of amonitation of the xums secured b}�this Securit�•Instrument FrAnted by Lender to uny succes�or in imeres�
<br /> • •• of Borrower shull nat operaie to releuse the liability of the original Borrower or Borrower's successors in interest.Lender ��',� :.;u
<br /> shc►II no� be reyuired ta commence proceedings against any successor in interest or refuse to extend time for payment or f , ,�•�-
<br /> , �,r;-�
<br /> • otherwi;e madify amonizutiun of the sum�szcured by thi.r Security lnstrument hy reution of an}•demund mude by the original R �-,ry
<br /> Borrower or Barrower�successorti in interest. Any forbeArance by Lender in exercisin An � n ht or remed�shall noi be u ' . � �y'-'�
<br /> € ) t� ) j ;ki;;�.�,
<br /> ' ' '� waiver of or preclude the exercisc of tuty righ�or remedy. ' •'�`•=-
<br /> 12. Successors and Assi�ns Bound;Joint and Se�•eral Liability;Co-sf�ners. The covenants und agreemen��af thi. � "���
<br /> � Security Instrumem chall bind und benefit Ihe successors and assignti of Lender and Borrow�er,subjeet to the provitiions of i '.;si�
<br /> p�r�graph 17. Borrower's covenan�. and agreements shull be joini nnd �everul. Any Barrower u•ho co-�ign�thi�Securit�� � -�_
<br /> Instrumem bui doe�na execute Ihe Nate: (al is ca-signing this Security Instrument only to monguge,grant und convey thal '
<br /> Borrower:intereu in �he Propen}•undcr[he terms of thi�Securit��Imtrument: (bi i,not penonally obliguied�o pa}•the sums .�
<br /> secured b�•thi+Securit�•Inslntmenr und Ic)agrees that Lender and uny other Borrower ma� ugree to extend.modify,forhear - -�
<br /> or makr un� accomrnndation, «�ith regard to the term� of thiti Securiq• Instrument or the Note «•ithuut that Boirower's �
<br /> consent.
<br /> � 13. Loan Cbarges. If tlk lo:ui �erured b�• thi� Security Instrument i� suhject to a law which rels mu�imum loan
<br /> chargcs.aad tha:lau• is tin•r!I}•interQreted so that the intesezt or other lo;+n rhnn+es cc�ller�ed or to be collected in connection i '
<br /> ' . i with thc loun exceed the permiued limits,lhen: lul any�uch loan chs�rFe shall he reduced hy the amount necessury to reduce , �
<br /> ' � the charFc ro Ihe pertnitled limit:und(b)any sum�ulrcudy collrcted from Barrower which exceeded prrmi[[ed limits W�ill be �
<br /> � � refunded io Borrawer. Lender may chno�e to make thiti refwid b�•reducing thr princip�l owed under the Notc or hy m�king a :.
<br /> , direct pu��mem to Bormu er. [f u refund reduces principal,the rrduction will be treated u.a punial prepayment without an�� •�
<br /> . ' prepayment charge under the Noie. � .
<br /> � 14. hotfces. Any naice io Borrower pravided for in thiti Security In�trument tihull be given h��delivering it or by '.�,
<br /> � mailing it by fir�t clus�muil unlexx upplicable laN requireti utie of another methnd.The no[ice shall be direc�eJ to che Property ; ,,}
<br /> Addresti or •rm• other addres� Borrower de.ignateti hc no�ice�o Lender. Any nrnice�o Lender shall t+e given b�•firs�clas. � '�-
<br /> I mail lo Lender+ uddre�.�t•rted herein or an�•other uddre�.Lender de�ignate�My nrnice to Borrower. An��notice provided for
<br /> in thiti Securin lnstrumeni tihall hc dccmed �o ha�•r heen gi.•en to Bortower or Lender w�hrn given as pravided in this e°�;:.
<br /> ' pnragraph.
<br /> 15. (:���•ernln� Luw•;Se�•crabilit}•. Thi.r Securit�• lnstrurnent tihall Ix govcrncJ h�� fcderal law and ihe Inw of the � ,
<br /> juriydiction in w•hieh the Propen?•i�lixated. In Ihr event [hu�un�•provi+ion or rlautie of thi.Securi�y In.�rument or�he Nute
<br /> conflict+w�ith applicable 1•ru. ,uch cuntlict+hall not affect other pro��i�ion�of thi+Securit� In�trumeN or thr Note u�hich can •
<br /> be given et�fecl wilhoul the conflicting prm•i+ion. Tc�thi� end the pmci.i�ms of thi�Secur�t� In.trument and the Note are
<br /> ' declarcd to br severabk.
<br /> 16. Borroner'sCop�. Bnrrow�cr,hall br givrn onr cunfornied rop�of thr Note and c�f Ihi�Srcurit�•Instrument. , �
<br /> 17. Transfer of thr Propert� ��r a Reneficipl Interest in Borrc�aer. 1(ull��r am pun uf ihr Pmpcm•or an�•interrti�in
<br /> it i�u�ld or trantiferrrd 1c�r if� u beneficial intere+t in Borroacr i��uld��r tran+fcrtrd and Eiorrmver i+ no� a natu�al per+on� �
<br /> without Lender',priur�rrinen consrnt. l.�ndrr ma�.:u i�.op�ic�n.Rywre immeJiair pa�•ment in full of�II �um> �ecured h��
<br /> thiti Securit� In�trumenl. Ho�vever.thi�opnon zhall not hr rarr��+rd h� Lrnder i(e�crci�c i�pruhihi�ed b� federal la�+a.of
<br /> • the date of thi�Securi��Insuumem.
<br /> . If LenJer exerri.r� thi� c�ptii�n.Lendrr�hal) ei��c Rurro��rr nuUCC c,l:ircclrr:ni��n. Th�•n„ur�•.hall pm�•idr .��xriod of
<br /> . '.. not leti�than�l� da��. tium the d:ne Ihr n�iticr i+delivend ur mailyd a ithin���hich B�,rn���rr mu.i pa� all �um�.ecurrJ h� thi+
<br /> • ' • Securitr In.trurnent. If Borrowcr tail� t<�pa� thr.r wm. priur io the ezpiranim u(thi� pcn�,d. Lrndcr ma� im�oke um
<br /> remedic�prnnit teJ h�•thi,Srcuri�� lmtnnncnl w�ithuut turthrr n<,nre.,r drm:md nn�iurr�,��cr.
<br /> 18. BorroWer'�Ri�ht to Reinstute. If Rort����er mcrt� rcrtam cundiuum. H��rru��rr �hall h:+vr thc richi to have
<br /> cr�forcement of thix Srrunt} lns�rumem diuonunurd at :im timr pri��r i�,thr rarlicr��I: �ai s da���lur�urli ath�r�nud a,
<br /> �mglrFamiq••Funnir�1uriFr�•ddlr\lae l'\IFIIN�I I\til'Rl'�tEV'1'..l ml�mn('u�ruem. 9'411 qa�er���l upde�'�i •
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