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<br /> ° � 1045�2 �
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<br /> '' � `. �a�ndemnutfon or olhe��aking of any paA oi Ihe Pro�ny,or for conveyancc in licu af coodcmnation,ure hercby aw�i�ned wKl
<br /> .. . . �iwll l�c paid to I.�ndcr.
<br /> 1--• ••– - -- - la thc cvcnt of a Iotnl �nk{n�oi �hn Pirr+peny. the proreedx shall be uppUed to thc xurns �ccurcd by Ihia Securlly
<br /> Inxtrument,whe�hcr�r not ihen due,wi�h uny eacex�puW��Borrower. In�hc evenl of a puhiul toking of ihc Propeny in
<br /> � • which�he fufr markct vnlue nf'the Pmpeny immedfately I+cfbre Iha loking is eyual�o or grcuar�han Ihe urouunt af tix xums
<br /> rsecuRd by�hin Securily In�lrumeM immediately bci'oro Ihe tpking.unlexs Horrower und L.cnder���hcrwixe ugr+ec in writing,
<br /> s ^ � Ihe sumn �urc� by Ihis Security InK�rumenl �hall l+c reduceJ by Ihe umnunt of ihe pmceed� mul�iplled hy �he Pidlowing _
<br /> " iractii�n: (u1 tl�c towl umaunt uf the sumx xecurrd immeJiutely befarc Ihe tuklnR,dividcd by Ibl�he fulr murkel vuluc uf�hc
<br /> PmpeAy imm�diutcly hefurc the tukMg. Any baluncc ahul! hc puid to Bunuwer. In�he event af s�punial tuking uf Ihe
<br /> � � Pn>perty in which�he fuir murket volue of�he Property Immediutely before�he �aking is less�hon Ihe urnuunt of Ihe sums
<br /> � . secumd immedia�aly t+eioR tho tuking, unles.r Borrower ond Lender o�henvixe ogree in writing ar unless opplicubla law _
<br /> __ 1 _ •.=_ __-- �,iherwi�r pmvi�ka.�hr pmrM.i�Rhall he upplied to thc sums cecurcd by thia Security Inswment whethcr oracu Ihe sums are
<br /> �hen due. - -
<br /> If the Propcny is abundoned by BoRnwcr,�x if,ufier notice by l.ender�o Bonower that�he rondemn�x uffen to muke
<br /> � un awurd or�celllc u claim for damagex.Borrower fails to re�pond to Lendcr within 30�uys uf�e�thc dale ihc nalice i�given,
<br /> ° Lender is aulho�izeJ to collec�und npply the praceeds.nl ita aption,ei�her ta restorntian or rcpuir of Ihe Propeny ar�o�ho ,:4•_.•
<br /> sums cecured by�hia Secu�i�y Inatrument,whether or not Ihen due.
<br /> Unlass Lender nnd Borrower olhenvixe agree in writing,any npplicutian of proceeds ta principul xl�oll n�N exlend or �
<br /> ____ .. _ �,n.�sx►nn�h�dur date of the monthly paymems referred to in paruRrnphs I und 2 or chAnge the amount af xuch payments.
<br /> ll. Nor�ower Not Released; harbearance 8y l.ender Not A WAiver. Extension of �he timc lo� puyment or
<br /> malificution of nmc►hizution of�he sums Secured by�his Securi�y Inslrument ga�nled by Lender to uny qucces��x in inlemxt
<br /> of Bormwer yholi not apemte �o releuse�ha liubiliry oi Ihc arfginul Burrower or BoRi�wer�succex,un+ in interes�. I.ender
<br /> . ' shnll no! be reyuired ta commence proceedings oguin4�any succestior in intere4l or refuse�o ex�encl tinu Pi�r puymen� or
<br /> u�herwir,e mcxlify amahiza�fun af the xumx securcJ hy this Serurity In�trumcnt by reutian oP uny dcmund muJc by Ihc original _.
<br /> Bonower or BorrowcrK 4uccessors in inlerext. Any fonc�uruncc by Lender in exercixing uny ri�{ht nr remcJy ghnll not bc u
<br /> wriver of ur precluiks�he exercise af uny righ�or remedy. .....
<br /> , 12. Succe�.sors und Ascigns Rnund;Jnint and Severel l.iahfllty;Co-si�ners. 'I'he c�wenun�x und ngreemen�s of thi.r _ _,__
<br /> 5ecuriry Instrument tihull bind and bene�t Ihr succes�on und axxigm of Lender und Borniwer,xubjecl te�ihe pruvixi�ns af
<br /> • , purugraph 17. BortuwerH coven��nlx:�nJ iigrcements tihnll ix,µ►inl nnd xever�d. Any BuR��wer who cu-.r•i�n� Ihis Securily
<br /> � Instrument hut does not execute th�Nule: lal is co-signing Ihix Securily Inxlnm�enl unly lo monFuge.tir:m�und r�Htvey Ihul
<br /> i Burrower's interes�in the Pro�ny under�he tenn�of�hix Securiry In.�rumenl: lhl i�nu�per.con:dly uhli�u�cd�a pay the.r•um�
<br /> secured by Ihis Security In+trumem;und Ir)ugrcex thul I.enJer unJ uny otl�rr Rurmwer muy u�tree lo exir��d,mcxlify,GxFx:nr
<br /> ' or muke uny uccammalutans with regarJ to thc teRns of this Securiiy Inx�rumcnl or tIM Nute withnu�thul HoROwerk
<br /> � wnxent.
<br /> ,. � � 13. I.oan Churges. If �he li�un �cecured hy this Securiiy In.�rument ix subjeci to u law which +et�muzimum luan
<br /> • charges,und thut luw i4 finully in�erpreted so thut the inleie�t or other luun chnrges coUecled or io Ix�collccled in conneclion
<br /> � with ihe loan exceed Ihe pertniued limits,�hen: (u)uny such loan charge xhnU he reduced by Ihc um�wnt necer:�ary to raluce
<br /> Ihc churge Io Ihc permil�ed lintil:und lhl m�y�um�:drc�idy collcc�cd I'run�Rorrowcr wl�ich exrrcdcd�m�iucJ Nmi�s will be
<br /> � rcfunded lo Borrawer. Lender m�ry chuc►se lo muke Ihix refuixl by rcJucing Ihe principal ow?J uncler Ihe N�NC or by moking u
<br /> - -, - . Ji�cct�ray�iient to[3orrowcr. 1ta refond reduce�;princi�af,she reductian will he lre:tted ag a pu+tia)rre�+t�ymrnt withrwu nny
<br /> prcpuyment churge uncler Ihe Nnle.
<br /> 14. NoNces. Any nntice to Borrower pmvided fur in�hi� Se.uriry Mxirwnem shull In given hy �klivcring il or hy
<br /> _ mailing i�by fint clusc mufl unkss upplicnhlc Imv rcyuirc.u�r ul'anolhrr mcihixl.7'I�c niwicc.hull Ix dimcicd 1���I�c Pn►�ny
<br /> , Address or any other uddretis Burrower cM�ignu�ex by nntice iu Lcixlrr. Any�uHicc lu Lender shull Fw� giv�n by linl cluxs
<br /> � muil 1n Lende�c udJrcKti ximeJ hcrcin ur uny olher:�ddn:x.l_enJer�kxignntrs I�y nuticc k�liom�wer. Aoy mxire pmvidcJ fi►r
<br /> � in lhis Securily Inst�ument shull he dcemed to huve heen given lo Borruwer or Lc�itrcr whcn Eiven av proviJed in �hifi ; -•-
<br /> � puragaiph.
<br /> _ IS. CnvernlaR I.gw; Severabilily. Thix Sccurity InMrument shall he govrrncd by tederul Isiw :md Ih� luw of the
<br /> juristliclion in which Ihc Pro�xrly ix Inc�UCtl. In Ihr cv�nllhtU wty prnvi+i��n ur clauu ol'lhis Srrurily hi�tnunenl ur Il�c Nalc
<br /> confllc�s wi�h upplfc:iblc Inw,+�wh contlicl sh�dl not aft'crt othcr provisiom oF�hix Security Ins�nmicm ix tlx N�NC which cnn ___
<br /> � he given cfl'cct wilhuw tlx ronlliclin�!pnwisiun. 'U► �hf�cnJ thc pnwiviunx ul'tl�ix Scruri�y Ins�rumenl miJ tlx: Niuc are
<br /> declured to be severuble.
<br /> 16. Bor�ow•er's Copy. flui�ower shnll t+e given oix cc►ntircmed cupy M'thc Nole�md ol'thix Sccurity Insttvment.
<br /> . • 17. 7Yaosier of the Property o�A Neooficlnl lnterest In Isnrrower. If ull or t�ny pun of tlir Pn�►eny�K any intemst in
<br /> , it is sc►Id or transferred(itt if u beneficinl inlercst in Hnrmwcr i. sold or tr.mr:teRed und H�rcower is n���u nmurul personl
<br /> ; wilhout Lender's prii�r wriuen coment,l.ender mny.ut ilx opliun,require immedinle puyment in full ol'all surnx securcd by � 5
<br /> ' IbiY Securhy Inxuumenl. Howcvcr.�his option xhull not he cxcrciseJ by Lcndo�if exerci�e ix prohibitud by fcdarul luw ux M' r °.
<br /> �.
<br /> ' the date of lhis 5ecuriry Instrument.
<br /> If Lender exercises this option,Lcnder�hall�eive Borrower nMlce of uccelerulion. ThU nnticc xhull pmvide n peri<xl af –
<br /> - . � not lesx Ihun 30 duyz liom ihe date�hc no�ice is dclivered or muiled wi�hfn which Hortawer must puy ull�:wm ticcured hy this '�"'=_
<br /> • � Security Instrument. If Ba�rower fuils �i� pay these sums prior to Ihe expiralion of lhia period,L.enJer mAy invoke uny rr•,�
<br /> . remedies perniiltcd by Ihix Security Instrument wilhout funher nolice or demuncf on 8ormwer. �%`,_.
<br /> ' IS. Borrower's Rlght to Reinslate. If B��rrawer maeis cenain conditions. Borrower shull have the right to have r��
<br /> � ' ' .
<br /> enfi►rcement of this Securi�y Instrument diu:on�inued ul any Ifine prior to the earliar oi': (ul S daya lor tiuch otl�er perial aq
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