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<br /> condemnudnn ar other taking of ony part of�hc Propeny.or fc�r ronveyume in lieu ut'concicmnutiun.urc hercby u�xiy�i�cd cuui
<br /> ihall bc paid to I.ander.
<br /> - - — In the event uf u laul talcing af the Pmperly, �he �xoceedx shull tx uppliec! lu tix� �umx uxcured by thix Serurily
<br /> � Instrument.whcther or not then due,wilh any excexs paid t��Bormwer. In the cven�at'u puniul wking c�f�h� Pirciperty ln
<br /> ',•' which the i'ufr market valuc of the Pn�peny immediatcly bcfure 1hc tuking i,cyuul lu ur gnutcr thun thc umoum�►f�he.rum�.
<br /> ? r�ecured by thiy Securily Instrument immedfu�cly befare thr tuking,unless Hurrowrr und l.ciider othenvi,c ugrrc in wri�in�,
<br /> -'�� � the suma r�ecumd by Ihiw Security Inxtrument xhull he reduced hy the umuum of Ihe pnxecds multipli��l Ny the fullowing r-f
<br /> - fracliun: (ul tli�tutul umuunt of the sums secured immeclin�ely hePorc�he lakin�e.dlvided by Ib)�he fair murkct vuluc ul'Ih�
<br /> Proparty immediutely bePorc the taking. Any bulunca shall bc puid �o Burrowcr. In the event of u p;►rtiul tuking ot thr
<br /> �-- Rvpeny in which the fuir market volue of the Prapcny immediatcly befon thr tuking iw ley��hun the um��unt of thc .umx
<br /> -- - -- r,ecured immeJiately before the taking, unless Borrower and L.ender athcrwixe ugree in writing or unletiw upplicublc luw
<br /> _ othenvit;e providea,ihe proceed�rhull be upplied to the sums scecured by�hix Seruri�y Imtrumem whether or nut thc.rums ure _
<br /> ��� �hen duc.
<br /> �� If the Propeny is abnndoned by Borrower,ar if,ofter notfrc by Lender ta Borrower that the cundrmnor�►ffcn tu mukc �
<br /> an�+wurJ ur zetUe u cluim for demages,Bonnwer Pails lo responJ to Lender within 30 Juyx ufter the dule the notice is given,
<br /> — -- Lender is uuthorized to callect and upply the praceeJs,at itw option.either�o restoratian ur repuir of the PruEx:ny or w�hc
<br /> sums secured by this Security Instrumen4 whether or not then due.
<br /> � Unles4 Lender and Borrower othervvi�+e ogrce in writing, ony upplicution of pracedx ta principal+hall not�xlend or
<br /> postpane tNe due dute of the monthly puyments refcrred ta in paragrnphx I und 2 or chungc�he umuunt ut such puymeni�;. —
<br /> 11. Barrower Not Released; Forbea�nce By Lender Not a Waive� 8xtensiun ot the timc far puyment or
<br /> modification of umartization of the sums secured by this Security Inhtrument granted by Lender to uny+uccessor in intcrczt
<br /> of Borrower shall not operute to release the liability of the originul BoROwer or Borrower's succextiun m interest.Lender
<br /> °°'�°i�'�� shall not be required to commence praceedings agumst uny succe�;sar in intercst or mfu�e to exte�d tlmc fur puyment�x _
<br /> 1�9iY�:�"'".'•,j� _.�__
<br /> �
<br /> ���cs�.;�, otherwise modify tunaAization uf the sums secured by this Securi�y Instrument by reason of uny demund made by�he ori�inal
<br /> _� - Borrower or Borrower�successors in interest. Any forbeurnnce by Lender in exercigin�any nght or remedy whull oot be u
<br /> �•*: wAiver of or preclude the exercisc of uny right or rcmedy. --
<br /> --_Y:� •• . ,
<br /> �,�_,�_.___ l2. Successsorx and Asslgns Bound;Jofat and Several Liability;Casigne�w. Thc cuvenunix und vgreements of this —
<br /> _�,� • Security Instrument�hull bind nnd benefit the tiuccesson und axsignti of Lender and Borrower,subjec��o the pn►vision,of
<br /> _ , � +�,�;���� parugmph 17.Borrowerg covennnts nnd ugreements ,hull be joint und severul. Any Bortower who cu•xigns thi+ Security
<br /> :�;�����_ • r Intitrument but dces not execute the Note: (u)is ca-signing this Securily Ins�rument only to moegage,grnnt and cunvcy that
<br /> ��"`��`" Borrower's interes�in the Property under the terms of this Sccurity Instrument; lb)is not per�onully obliguted to puy thz tiums
<br /> � �_;�.�'''''A':
<br /> --��;��.-: :'• secured by this Securiry Instn�ment;und(c)uFrees thu�Lender und uny other Borrowe�may ugree to extend,m«lify,forbeur
<br /> .,,� ...,,�•
<br /> _ �.• 1C�y„ � or make uny uccommodutlons with regard to the tertns of this Security Instrument or the Note without that Borrower ti
<br /> --�-.::i1�'.:�,�+ • consent.
<br /> _- 13. I.�n Clwrges. If thc loun sccured hy this Security Imtrument is tiubject to a luw which r,ets mnximum loun
<br /> ��:�"+�F'� -��" churges,nnd thut luw is finully interpreted so that�he interest nr other loun churges wllected or to im coilected in cunncn:iiuu
<br /> �� � �'•, ,�y... with the loan exceed the pemiitted limits,then: (u)uny such loun chur�e sh•rll be reduced by the umouot necessary to reduce
<br /> ;•n : '�"°• the charge to the permitted limit:und Ib)uny sums ulreudy collecled from Bortower which exceeded permitted limits will be
<br /> '�`��'� �`�• •,,. ,,, refunded to 8orrower. I.ender may choose to muke this rctund hy reJucing Ihc principal owed under the Note ar by muking u
<br /> -�.:. ab:.;
<br /> _,,�a. ;`.,.: '' direct payment to Borrower. If u refund reducex principul,the reduction will t►e Ireated us u purtiul prepuyment without uny
<br /> _�. . ���, ir �:�. prepayment churgc under the Notc.
<br />- �`�'^� l4. Notices. Any notice to Borrowcr provided for in �hix Srcurity Instrument�hall be given by delivering it or by _
<br /> 1' �;�'r. _ --
<br /> _ �'.� , .-i, ,,_ mAiling it by flrst class muil unless upplicuble luw reyuires use of unother mclhal.The notke shull be directed to the Property
<br /> : ,� „t, Address or uny othcr uddrcws Barower Je,ignutes hy noticc:to Lcndcr. Any no[icc to Lcnder shull be given by fint cluss __
<br /> _ - M�• • .;;�; muil to Lender s uddress stated herein or any othcr uJdres,Lc nder designute.hy notice to Borrower. Any nutice provided for _..
<br /> `�...Y � in this Sccurity Inxtrumem shall hc dccmed to have been given to Borrower or Lendcr when �iven as provided in thix
<br />-,-� `- :. •r.;,: �=��+ nru ru h --
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<br /> ,�,�:,.,: �• Y, � ,.;. � 15. Uove�nin� Law; Severubilily. This Securiry Instrumcnt �hull hc guvrmed by f'ederul luw and the Inw of the
<br /> G. _ • ` jurisdiction in whirh Ihe Pm�rny ix Ic�cuted. In Ilx�evcn[�hut uny provi+i�m or rluu�c ot'thi.Srcurity Ir►mtrumcnt or thc Notc
<br />",`;`'�` �'�'''�� ' , �" � conflicts�vith upplicuble luw,such am0ict shull nat aftect othcr pruvi�ion+��f thi�S�curity Instrunknt ur thc Nute which cun
<br />-��"" ' )'`%.;�_�+.�;,, be given effect withoul thc cunilirtin�provisinn. 7b this end Ihe pmvi�iam oi thi.Sewrity Inxtrument und tlx� Note ure
<br />_= .,�:'�jR� .,;.•: ���a declared to be xeveruble.
<br /> � �'�3Fr,:�:;n� . �;�{'"' 16. Borrower's Copy. BuROwer tihull ix:given onr conformed capy ol'the N��ir unJ of this Serurity Imtrument.
<br />!;� _: .?.y-'•�"i�� �, 17. 71�an9fer oP the f'rope�ty or a Beneiiciul Inlerest in Borrower. If all ur uny��un of thc Pm�rty or uny interest in �,_„_
<br />_ ,.' it is sold ur trontiferred (or if u bcnetici.�l intere+t in Borrower is s��IJ or trun,l'ercrd and Ho�TOwer is not a nuwrul personl
<br />•��'�,,}.� 'T�°''� .r.;..,,,z a:� without Lender's prior wriuen conxent,LrnJrr muy,�u its optiun,rcyuire immcdiute p:rymcnt in full of ull sumz srcured hy
<br />— • r��'��'�F�---=; this Securiry Inslrument. Howrvcr.this option�hull not be cxercixrd by Lender if exrrc��e i�prohibl�ed by fedeml luw u.of
<br /> ��'�'° '' the date uf thi.Securiry Instrument.
<br /> . - fi- - � :,
<br /> If Lender exereixcx�his aptiun.Lcnder shall givr Bonower notice of ucccicrution. Th�natirc�hall providc a peri�xl uf�
<br /> not less Ih�n 30 duys from Ihe dale Ihe nuli�c i+dclivereJ�K muileJ wilhin�vhich Burro�vcr muxt puy ull,um,,�cured hy Ihis
<br />- � y' •'' Security Instniment. If Bortowcr fails to p�y Ih�+c sum� pri�ir to Ihc cxpiration of this�xrial, Lrnder muy invoke +my �'''
<br /> �: , ' .. ' remedies perniiucd by this Securiry Instniment withuut t'unhcr noticc ur dcmund an Burr����rr.
<br /> . 18. Borrower's RiRht to Reinstute. If Borruwcr mrct�crrtain rondition�. Born�wrr �hull havr thc righl lo huvc
<br /> ? � � enfurccmcnt of this Securiiy In,trumrnt di.cun�inurJ al uny limc priur 1��thc carlirr uf: lal S duy�Iw'�uch utl�cr �kriixl us
<br /> �_
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