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<br /> ���'"`'.,�..�'"��`` candemnution or othcr tulcing ot'any pad af Ihe Pmp�:rty,ar far romcyoncc in liru ot'condcmnunun,ure Ikrrby u��iyiwJ wut
<br /> ---�:n�:y�.�;�;�:.•• ahall 6e pald ta Lendcr. �_�
<br /> In the cvcnt of a tatal toking of�he PrnpeAy. Ihc pmceedx ,hull hc upplicd �o tix�ums +�cund hy �hi„ ticcurf�y
<br /> �`�`'� '�:,:.� Inswment,whether or nut then due,with uny excc..puid a� Bonuwer. In Ihc cvcm of'u puNiul tukinµul'�he 1'm�xrty in
<br /> '����';#,�� �� `�. which thc foir market vulue ol the Pmperty immcdiatcly brlim�he tuking ix equul�o or grea�cr�hun the um�►um of ihr humw
<br /> '�'`"�� � � r,ccured by thix Security In+trument immediaiely bcf'ore Ihc tuking,unletis B�m��wcr und Lrnd�r utherwiu uµne in w�iling,
<br /> ��' � .�� �'' �'x;,. � �he sums recurcd by �his Sccurity lns��umen� �hull tk reduccd hy thc um��un�ot'ihc pr�xecd.multiplicd hy dir fnlluwing _._
<br /> ' z ��4t��� �- `. , ��: fractian: (a)�he total umount af Ihe xum�secured imm�diutcly befon thc�akinE,Jividcd by Ib1�hr 1'uir murkrl vulur�►f�he
<br /> �;�.:W .
<br /> �T . - �.�-. Pn�prny iim�x�liutely tx:fur.: thc lukhig. Any balancc shall tx paiJ to Burrowcr. In Ihc rvcm ul +� paninl �ukinµ of thc �ti_
<br /> �� °Y" •''� '�� Property in which�hc fair markel value of the Prapehy immc:diutcly tx:fom the tuking is Ie,s Ihun ihr umoun�of Ihc rum+
<br /> �'�� �'��'' ' �"� ,:a. + secured immcdiutcly before �he mking, unlcsy Bnm�wcr und l.endc�othcrwisc ugrec in wri�in� ��r unlr., upplicublc lu�v �
<br /> _ �'"i:"�� , othenvi�+e provides,the praceeds��hull l+e npplied to the sum�+ecured by thi.Securiry In,trument whcth�r or nu�Ihr�um�ure
<br /> �8„-�3�'�;��''. Ihen due. '
<br /> �,�sa� .4;" , If the Prupeny is ubundoned by Borrawer,or if,ufter nuticc by Lender to Borrowcr�hat the c��ndemnur��ffcr+�u muke �
<br /> _:::l���ribi►ius
<br /> an uwurd or setNe A claim for dumoges,BoROwer fuils to rcspcmd to Lender within:i11 dnyti ul'tcr�hc dntc ihr nu�ic�i.givrn, �°'�
<br /> -� �. ,: �'- Lender is uuthorized to collect unJ apply the prucecd+,ot its option,either ta rextarution or repuir of'Ihe Pr+►�xny or�o the `��
<br /> • �.:���".�� •a � sums secured by thix Security Instrumen4 whether or not Ihen due.
<br /> "' ' '�"'°�" Unlesti l.endcr u�d Horrower atherwise ugree in writing,uny applicution of pr�xcedti to principal �hull nut extenJ�ir —�-
<br /> ''�'"R�`'' :: ;'� tit ne the due date of the monthly payment+ referrcd to in parugruph� I und 2 or chunge the umoum uf such puyments.
<br /> �r:�_, .�..•; Pa'Po
<br /> ,-.Y„ ,,::;� lL Borrower N�t Released; For6earance By Lender Not a WAiver. Extentii�►n uf Ihc timr for puyment or _
<br /> �'.�':�;� , '�; madi�cation of umortia.ntian of the sumx secured by thi+Sccuri�y Insirument grumed by Lender�o uny rurresrnr in intcre,i �
<br /> - -- af Bormwer�hall not oper.tte tn rele:t>:e the liability af the origin:t! Borro�ver or Barmwer; succe�tic�n in interr.t. L.ender i�
<br /> __ _ ��'�^:�Y�:?��;.' ; xh+�ll noc be required to commence proceedin�x oguimt Any succe.sor in intere�t or refutie to extend�ime li+r puymem or _
<br /> _. ":`��� othenvi+e modify nmartizution of the�ums,ecured by this Securi�y Ins�rumem by rra.�on of any demund mudc hy�hr uriginul �%
<br /> ,;��' ^ • Borrower or Borrower's successon in interest. Any farbeanince by Lender in cxercixing any right or m.m�dy .rhull nii�br a
<br /> �
<br /> "' ' wuiver of or preclude�he exe�cise of any righ�or rcmedy. -"
<br /> °=s� ,:.;;?;.� .` , l2. Successors and Asslgns Bound:Joi�l a�d Several Liabillty;Ca•signers. Thr covcnunl.uncl ugrc�mrnl,��f thi� ��.
<br />__�,��_.: h , „ Security Instrument shnll bind und benefi��he successan und axsign+of Lcnde�And Barrower,subjcc�ti�Ihe prewitiionti af _�^_
<br /> __,^��� ., purvgmph 17. Borrower's covenunts s�nd ugreementti tihuU be joint und xeverul. Any Borruwer whu co-,ign+thi.Securi�y
<br /> b��'"o�;,.-., Instniment bul doex not exccute the Nde: (u1 is co-signing�hi,Security Instrumcnt only to monRnge,@runt und cunvey Ihul L:"�'
<br /> -`?��� •"' �,
<br /> Borrowerk interest in the Property undcr the�crm.of'Ihi.Securiry Instrument; Ibl is not prr.anully obliguted to puy Ihe tium.
<br /> ��� ���''���� secured b thiti Securil Inxtrument;unJ(cl u rees thut Lendrr und un olher Borrower mu u n� to rxtrnd,m�xlii' fnrbeur
<br /> �,�� Y Y R Y Y R " y' -�- -
<br /> _��ar,�;,�,;;.;,;.,�.. or make any accommodAtians wilh regurd to Ihe terms of this Securiry Inzlrument or 1he Note without Ihul Borrowerk __
<br /> � � comenL -'--
<br /> r �� l3. Loan Charges. If the loan secured by thi+ Security Ins�rument ix subject �o u luw which�e�+maximum loun ��
<br /> k -�- _•�� `' °�-� rhasges,and thst !uw i�fin�dly intP�+reied.o�hat thc in�ere,t or other loun rhur�ee�rollccted nr to be collcrted in cannection !�"
<br /> �°; ��i. ' with thc loan exeeed the penniited limilz.then: (u)uny�urh loun churg�shull he reduced by the umount mcesrury tu reduce -_-:
<br /> ,:,n� :+:;�;tl • �.
<br /> -_ the churge to�he permiued limil:und(b1 uny+um.idreudy collected from Banower which exrcedrd permilled limil.will he
<br />'�_;..' ;....�'� refunded to Borrower. Lender muy chao�c�o mukc this rePund hy reducing the principul uweJ under the Noir or by muking u
<br /> ' direct paymcnl t:►Bormwer. If a rrfund redures principul,�he reduction will lx treu�ed u�u puniul prcpuymenl wi�hout uny �._`
<br /> „ �� , prepuyment cBurge under the Nole.
<br /> ' . ,,,�,,; ° 14. Notkes. Any noticc to Burn�wcr pruvided f'or in this Scruri�y Instrumcnt +hull be given hy dclivrring it or by ;Uy-
<br /> • � " mailing it by fint clu�ex muil unle+s upplicuhle law rryuircs u+r�if unrnhcr mrthod.The nairc.hul)t�dirccled lo the Propeny -
<br />_ • Addn:ss or uny olher uddress Borruwer designatrs hy nolice to LenJer. Any notirc to Lcixlcr shall Ix given by fint clu+�
<br /> ' ' ,'r'^�+i� muil to Lendcr's uddreti,,tatcd hcrcin ar imy othrr acklrr.ti LenJcr dcsiFnutrti hy noticc lo B�xn+wcr. Any nrnirc pruvided for ,
<br /> - • � � . �° ° in thi. Sccuriiy In.trumrnt shull fx dccmed to huvc hern givrn w Hi�rmwer or Lrixlcr when �iv4n us providcd in this
<br />'Y` � �' purugruph. _
<br />`•'' '. 15. GmerninR Law; Se�•erubillty. Thi+ Srcw•iry Imttumenl +hull ix govcrned hy tidert�l luw unJ th� luw of the =-
<br /> � � jurisdiction in which Ihe Pmpeny is kxuteJ. In Ihr evrnt that any pr��vi.i�m ar rluuxr of thi,3crurity Imtrumrnt or 1he Note �`
<br /> conflicts with upplicublr luw.,urh ron0icl�hull n��t uftcrt athrr provisiony of�hi�Srrurity In�tniment or Ihr N�ric which cun �-�'
<br /> G'�:.
<br />� ' : bc given et'fcct withou� thr cun0ir�ing nr�wi.ion. To thi.end thr provisions of ihis Scruri�y In.tnm�rnt anJ the Note are
<br />�:t � ., ."� declered to tx�scverable. �_
<br />.'� :� ' '' 16. Borrower's Cupv f3urrowcr+hull h�Eivrn unr ruM'ormcd ropy�H'Ihc N�m und of thi+Scruriry Intitrumenl. �_-
<br /> .�:�• �'•"'' 17. 7lrantiFer oP the Prnpertv ur w Beneficful lnteresl in IMr�ower. IT all or uny pan of Ihc Pn►pcny or uny intcrest in ■�:-;�
<br /> e�;_. �_
<br /> , it is xold��r�run.feRrd lor il'u Ixnrtiri:d intrre,t io Bonower i+ u,ld �,r trun.fcrred und B��rn�wrr i�nut a natu�ul�xnoni -
<br /> � , . . wilhout LenJer's prior wriucn cun.�nl.Lcixkr may.a� il+��ption. rryuirc immrdialc paym�nt in t'ull of ull sum..ecumd hy ��"-
<br />•�s, this Sccuriry Imtrument. How•cvcr.lhi,c�lion+h•rll no�Ik rxrrci.rd hy LrnJcr il'axrrciu i.pruhihiteJ by frdcrul luw ux�if ��_
<br /> ��
<br /> _�' ;„ „ �he dale of this Security In.trumrm.
<br /> . -� , If Lender exerci�r�Ihis�iption.l.rn�kr choll�ive Barruwer noticr ol'arrrkra�iun. Thr noticr�hnll pr�►vidr a�xriud of
<br />- , �, not le��thun 30 days from thc Jute thr ni�tirc i�drlivered ur m:iilcd��ithin���hirh Burrowrr mu�t puy:�II.um,,crurcJ hy thi� •
<br /> ,. ., „ Security Imtrumcnt. If Burrowcr I'uih �u pay Ihc,e +mn. priur tu Ihr cxpir;�iiun ul'ihi,periud. Lendrr may invokr uny �-
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<br /> � ' rcmcdic+prnnilted hy Ihi+Scrurilp In+trument µ•ilhuut I'urlhrr n�Nirr ur J�m:md un kiurru��cr. "'
<br /> 18. Rorroa•cr's lti�ht to Relnstule. It� Hurn,�urr mcrl+�rnain r�,nditiun.. R��rtu��rr �h:dl h;n•r Ihe ri�ht tu havc
<br />' ` eni'onenxm of thi+Securi�p In.�n�mrm di.c„nlinurd ut any� timr pri„r tu�hr carlirr��f: �:u 5 da�.lur wrh uthrr�xri�x)ii,
<br />_ �'
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