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<br /> — --� condemnadon or athcr wking of ru►y purt uf the Pn�pcny,or fu�cunvcyuncc in licu of�undcmnu�ian.j►R I►ereby w:xipned und
<br /> �"'`"'^"���`� �iwll bc puid tu Lcnder.
<br /> _ --- -_.; � In Ihe event af � tatal talcing of �he Property, the pn�cecdti shull be applied lo the sumw �cured by Ihix Security
<br /> •— 'P yi~ •% IostrumcM,whcihcr ur a��t then due,with Any cKCess pald ta Bonower. In the eveM of u puninl laking of thc Pmpcny lo
<br /> "��;�� which the 1'uir murket volue of the Property immediutcly 1►efore thc tukin�ix�yual to ar grcatcr�hun thc amnum of th�fiums
<br /> °��•'�=�+��-''' r:ecured h �hi�Securi 1 Im�niment immediutcly befare the tuking,unlc�, B�►rr�►w•cr and Lcndcr nlhcrwitie agrce in writing,
<br /> ����,��,�a :• Y Y
<br /> -��;,, the xuma,erured by thix Secu�ity Instrument shull be reduced by the um�wnt of'the proceedw multiplied by�hc fotlawing
<br /> ��::� • frxtion: tu1[hc trn�l s►moum of thc xumw�cecumd immediulcly hcfor+c�he�ul:ing,divideJ by Ib)IIw fuir murke�valuc aP the
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<br /> A�� ��i+ Piupeny immediately befare the tuking. Any balonce xhull hc paid to Bur�uwer. In thr cvent uf u partial ud:ing aF the
<br /> -��`��^�:�N Propeny in whfch the fuir murket vulue of�he 1'�uperty fmmcdiutcly befi�rc thc tsrking i.lexx thun �he umount of the+uma
<br /> ., zecured immediotely befare the tuking, w�lesx Bortower und l.ender otherwi.e agree in writing or unless applicuble luw
<br /> '?�'��i�`. otherwise providex,lhe praceedx ghull be upplied�o thr sums r�ecumd by thix Security Inslrumam whether or not the sums are
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<br /> a`��'°'.�?u��^.:= �hendue. '
<br /> �''�•'�"`"'�:•` '= If the Propeny f.ubundoned by Botrower,or if,ufter notice by Lender to Borrower thut the cundemnor oifer�tc►mnke
<br /> =�'�i':""'•�"'�'`'L•� � an award or seule a cluim for dAmages,Borrow�er fails ta re�pnnd to Lendcr within?A duy,uftcr�he dute thc natice iy given,
<br /> �.�"a°'"„" Lender is authorized to rollect und upply thc praceed�,a� its uptinn,either to re.torutiun or rep;�ir of the Propeny or ta the �-
<br /> � �'.�:' �'��{ , sums secured b thix Securit Instrument,whether or nat Ihen due.
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<br /> • ' ' Unless Lender and Borrawer othenvize ugree in writing, uny upplicuiion of proceedn ta principal shall not extend or
<br /> ��;'''�" ',., partpone the due dute af the monthly pAyments referred to in purogruphs I nnd 2 or change th�amcwnt af zuch payments. �_
<br /> `_G:;�,,�,„ 11. Borrower Not Released; Forbearance By Lender Not A WAiver. Ex�en�ion of the time for puyment or _
<br /> �..��d'�`'�'����' .• modificotion af umonizutlan ot'the xum4 secured 6y this Securiry Instnament granted by Lender to uny succesxor in imeres� _,_
<br /> =;'���"+�"�'� ' of Barrower shull not opeate ta releu.s�the liubility of'the original Borrower or Borrawer�+uccesson m inleresi. Lender ,__
<br /> -- " -�:,•'�. ;�,-_— shall nat I�c rcquired to cammence proceedings i�gain�t ony�uccesxar in interevt or refuse to extend time for payrnent or
<br /> ��� ° ` othenvise modify umani�ution of the tiums,ecumd by this Securily In��rumem by reation oi'uny Jemund mude by the originul ��
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<br /> :�;�. ' . Borrower or Horcower's successon in fnter�st. A�y forbeurnnce hy Lender in exereixing any right or remedy 4hAll no�be u
<br /> :�.:, -- -. wuiver of or preclude the exercise of uny righl or rrmedy.
<br /> 12. Successors and As.vigns Bound;Joiot mad Several I.iabHily;Co-signera. Thc covenunts•rnd�greemcnty af this �-
<br /> '`' . _ Security Instrument shall bind und benefit Ihe succeszor.c und us�igns of'Lend�r und BoKOwer,subject to ihe provitiions of �"
<br /> :.:� �
<br /> � parugrnph 17.Borruwer's covenants und ugmemenk �hull Ix joint and severul. Any BoROwer who co-signs this Securiry �,- _.
<br /> ' � Inslrument bw does nat execute the Note: IA1 i,co•signing this Security Instrument only to mangage,grarn s�nd ccx�vey thu� _
<br /> • , � � Borrowerti interest in the Property under�he trrmti uf this Securiry Instrument; lb)ir not per�onc+lly obliguted to pay the sums -;--�
<br /> � . � ; secured Ny this Security Inxtrument:und(c)agmeti dw�Lender und uny other Borrower muy ugrce to extend,modit'y, forbeur -� -
<br /> , � � or malce any accommadations with regard �o ihe tenns of thiti Security Instrument or the Nae without lhat Born,wer's _
<br /> '� con+ent. —
<br /> � ' E�� 13. Loan Cha es. If the loun �erured by�his Security Instrumen� is +u6ject to u luw which sets mnximum loun �_.
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<br /> • .- ' {�4- � ° charges,nnd that iaw is Cnaliy inlerprcirJ w iiiut thc ini�re,i or nthcr la:in charges ca!lected or!o l+c c!•Ilcc��Pd in cnnnection _ __
<br /> , • with thc loun exceed the permiued limi�s,thcn: (u)uny.uch loan churgc,hall be reduced by thc umount neces�ury to reducc
<br /> .,.t � ' the chur€e to Ihe pertni�led limil:und lbl uny+ums ulreudy collected from Burrower which exceeded permitted limil+ will be ��;-.
<br /> .. �• refunded to Borrower. Lencler muy ch��r�o make thi,refund t+y reducing thr principvl owed under Ihe Note or by muking•r ��:
<br /> . direct puyment to Bo�rower. If u refund reduces principal,the reduction will be treuted ax a purtiul prepayment wiihaut uny �,µ��
<br /> • . prepuyment char�e under the Not�. __
<br /> " 14. Notkes. Any noticc�o Barrower pmvided far in this Security Inrtrument ,hall lx given by delivering it or by _
<br /> ' � • mailing it by fint cln�s muil unless upplicuMc law myuims u�c��f unulher methcxl.The notice shnll be directed to the Property =--
<br /> ° . Addrcss or uny other uJdres, Borrowcr drtiiEnule.by ix�tice to Lcnder. Any notice to Lender shull be given by fir,t claxx
<br /> � mail to Lender:uddre�++rrted hercin��r imy other uJdre+.LenJer drtiignatrx By n��licc to Bnrrower. Any notice prov ided for
<br /> in thiw Securi�y Imtrumem .hull tx d��cmeJ k� huvr Ixcn�ivcn to BoROwer ar Lcnder when Fiven us pmvided in this �='y
<br /> � n pA�ugruph. --
<br /> � l5. Governin� l.aw; tieverability. Thi� Securily Imtrumenl �hull tx g�w�rned hy federul luw und the I•rw uf the �
<br /> , . jurixdic�ion in which the Pn�Fxrty i.kx:ued, In the event thut uny pmvi.ion ur rluu.e ol'thi.Security Inr•trumem or the Note _
<br /> • conflicts with upplicuble Inw.,uch rontlic�.hull nrn ulicrt olhcr pruvitiiom of thi.Security Intitrumrnt or the Note which cun
<br /> �`j-�� �-�� �• be given effecl withuul the c�mtlicting provi�ion. �Ib Ih�r enJ the provi�ion, ol ihi+�ecunry Instrument and�he Nae ure ��
<br /> declured to be u vcrahk. ��'--°
<br /> . • •:.r�� !6. �orrnwer's Capv. Bi�rrowrr�hull Fx givrn one cunti�rnird ropy of tlx Nolr and„P thi.Security Intitrument, —
<br /> � � 17. 71�s�nsPer of thc Propertv or a Reneficial Interest fn Bnrrower. II'ull��r uny pan of thc Pm�xrty ur uny intem�t in �_
<br /> ' it is xold or tr•rn.fcrrcd lor if u ixenclirial intcrctit in Hnrrowcr is s��IJ nr Ir.in�fcrrcd ;md Burce�wrr ix not n naturul penonl �
<br /> - ' without Lcnakr:pri��r wriltrn con�cnl,Lrndcr mav.al ih optiun.royuirr immrdiatr puymcnt in fuU uf ull sums secureJ hy
<br /> • �� � '' Ihi�Sccurity In.trumrnt. Ho�vevcr,thi�oplion sF�all nol Ix exerci�rd by Lcndcr if cxrrci�e ix prohibilcJ by tederul law ux o(
<br /> ° ° � the date of this Securiry Inxtrununt. _
<br /> �� � If l.cnder cxcrc i,c��hix��ption.Lrndrr.hul l givc Borrowrr n�,�icc i�l'accrlcra�ion. Thr nolirc�hull pmvide u period of
<br /> , � not Ics.thun z0 Jays fmm Ihe dulc thr nolice i.dtlivenJ�ir mailed�vilhin which Bi�rruwrr mu.t pay all�um„ecumd hy thi+ .
<br /> , Security Instrumrnt. If Borrower 1'ail, tc►pap the,r ,uoi.prii�r ui ihr expiration uf�hi� �xriixl. Lendrr muy inva�lce uny .
<br /> remrdir��rniined hy thi.Scrurity Instrument withuut furtlxr nuiirr ur Jrmand�m Borrowcr.
<br /> ° � 18. Borrowcr's RiRht tu Rcinstute. If F3�xro«rr nkrt. rrnain cundilian.. Hurcaw�r`+hull h:wr �hc ri�ht to havc �
<br /> „ enforcemcnt ul'Ihir Srrurily In�In�mrm Ji�rumiriu�d :it am•lime priar tu Ihc carlirr ol': 1:i1 5 d;iy.I��r,urh��Hicr�xnuJ a. �
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