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<br /> — - condcmnatfon or other taking of atry part of the PrupeRy.or far conveyance in lieu of condemnation,arc Itereby asQigned and
<br />_,,; rtwll be ps�d ta L.cnder.
<br />-_-- In the event of a rotal taking of the PropeRy, the proceeda shall be ppplied to the sums r,ecured by this Security
<br /> -- insirument,whether or not then due.with uny exce�s paid to Borrower. In the event of u partiol taking uf the Property in
<br /> whlch thc fnir merket vtduc of�he Pruperty immediutely before the takin$is equnl to ar greater thun Ihe Amuunt of the�ums
<br />_ -- secured by this Secudty Instrument immediotely before the taking,unleas Borrawer And Lender otherwiise agr�ee in writing,
<br /> the sums r,ecured by this 5ecutity Inat�ument shall be reduced by the amount of the praceeds multiplied by the following
<br /> fraction: (t+)the toWl amount of the sums securcd immediu�ely before the tuking,dividcd by(b)thc fuir market value of thc ��
<br />'�� Property immediately before �he taking. Any bulunce shall be puid to Borrawer. In the event of u partial taking of the
<br />--�=_=�== Property in which the fair market value of the Property immediotcly before the taking is less thun thc amount of�he sums _
<br /> �_._�_�v=�_,y,� secured immedtately before the taking, unless Bortower nnd Lender otherwise agree in writing or unless npplicnble Inw -_
<br /> :������ otherwise provideA,the praceeds shall bc applied to the sums secured by this Security Inetrument whether or not the aum�are
<br /> —��4�:;� then due.
<br /> �����y�'� lf the Praperty is nbnndoned by Borrower,or iF,afler notice by Lender ta Borrower Ihut the candemnor offers to make -
<br /> ""�"?�'��E an Awnrd or settle a clnim for damages,Bonower fuilx ta respond to Lender within 30 Jay,ulier the dnte the noticc is given, ---
<br /> •'°.•r4•:rT:�•E� Lender is authorlud to collect and upply the proceeds.at its optfon,either to restoration or�+epair of the Property or to the
<br /> —i,�,�:�� aums xecured by this Secu�ty Instrument,whether or not then due.
<br /> Unlesx Lender ond BoROwer otherwir�e agrec in w�fting,any vpplicution of praceeds to principul rhall not extend ur
<br /> _- --_ - pogtpone the due date of the monthly payment�referted to in parugn►pha I ond 2 ar chunge the umuunt of such paymentx.
<br /> - - ll. Borrower Not Relewsed; �orbearance By I.ender Not n Wpiver. Ex�en�ion of thc �imc far paymcnt or
<br /> - malificutinn of omartization of the suma secureJ by thiA Secu�ity Instrument gn►nted by Lendcr�n uny �ucce,xor in inlereat
<br />-- �„�:.,.w,�a„, of Bormwcr�hull not openitc to rclense�hc IixbiRty ut'thr arfginul SoROwcr or B��rmwcrx ,urrc.rsarx in inler�at.Lendcr
<br /> -- -� ..3...�u� shull nol be rcquircd t�cammence pr�xredingx u�tuinsl uny�urceztior fn lntenwt ur rcfu� lo ex�enJ �imc ti�r puymen�ur
<br /> ���__'�'`"�'- alhcrwir,c modify umurtixutiun uf the zuma u•curcd hy thia S�curiry inti�rumrnl by rcuxan�►f uny dcmund mudc by thc urlginal
<br /> � �^.-•- � . Borrowcr ar Bnrn�wcr�xuccca+ors in intrrrs�. Any G►rimuruncc by Lcndcr M rxcrciaing uny right ur rcmcdy rhull nnt bc u
<br /> �,.�* wuivcr��f or prccludc Ihc cxcrcf�c of uny rigbt or�nicJy.
<br /> �',���;..r„ 12. Succexsur�pnd AsxlQox Bouad=Jolnt ond!ieveral l.lobilltyi L�-KlRners. The cuvcnants und ugrecmcntx��f ihix _
<br /> �,;, ,� `.< Securily Inxlrumcnt tihall bind und henefi��hr.urcctir:nn und nsxign�of Lender unJ Burrowcr, subjcct to thc pn�vixiony of _
<br /> �� -=� -• - � purogmph 17. sorrowcr�c covenuMr an�1 ugrecmcmy .hull tx joint unJ ,;cvrrul. Any Borrowcr whu co-rigns�hiti Securiry �_
<br />--- .� � 1.Fr:�� InKtrument but docx not exccu�e tlx�Note: lu)is co-Rigning�his Securiry Instrument only to mortguge,grunt und canvey�hut
<br />-- •� ' Borrower,l•interest in�he Property under�he tem�s of thiw Sccuriry Instrumenr, (bl i+not penonally obliguted to pay Ihe zums __
<br /> _ �:=';�y��.:',��:'-'.. xecured by this Security Instrument:und lr)ugreez thut Lendcr ond uny other Borcower muy agree to extend,modify.forbeor
<br /> • or muke ony accommudations wi�h regurd to�he �ermx of thir Security Instrument or tUe Nwe wlthout �hu� Borrowers�
<br /> � • � • . .,.�:
<br /> consent.
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<br /> � 13. i.oAn L'h�rges. {f thc loan sccurcd by thi�: Security Instrument is sub,ject t� � liiw which sei. maximum oan
<br /> °.��., . ;:,.,.:,
<br /> =--+ww-�-�-� churges,und that luw is finally interpreted so thnt the interest or other luun churges collected or to be collected in connection
<br /> � with the loun exceed the pertniued limitti,then: (u)uny�uch loun charge shull be reduced by the umount necessary to reduce
<br /> the charge to�he permitled limit:and(b)any sums Alreudy collected from Bormwer which exceeded permitted limils will be
<br /> —:a . d, . , .. refunded to Borrower. Lender may chcxixe�o muke tNis refund by reducing the principul owed under the Nate or by making v ��__
<br /> - � N" direct puyment to Borrower. If�refund reduceti princip•rl,[he reduction will be treated as a paniul prepuyment withaut uny
<br /> , , prepuyment churge under the Note.
<br /> ='•� ��'��., ,'•.���„ 14. Notkes. An natice to Borrower rovided for in thi�Securiry Ins�rument tihull 6e given by delivering it or by
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<br /> .��;,� , ,� muiling it by first cluss muil unless upplicuble law requircs use of unother melhod.The naice shull be directed to the Property
<br /> Addresx or any ather uddress Borrower dexi�nnles by notice to Lender. Any notice to Lender�hull be given by fint cluss
<br /> _ ; '�;y;"�" ,;��, mnil to Lender's address stnted herein or uny olher uJJresti Lender de+ignatex by notice to Barrower. Any notice provided for
<br /> ',••;�,3,w�.�,�.;?z�^`•� in this Sewrity Imtrument shull Ixe dermed lo huvc bcen Eiven to Borrower or Lender when given ae provided in this
<br /> •.- parugraph. —.
<br /> '.t,,�f�,,,`�; , ,°.' 1S. Governing Law; Severubility. Thi. Security In,trumrn� shall bc govemed by f'edernl law nnd �hc luw of the
<br /> - •.,��;;:.. : jurisdiction in which the Pruperty i.IocuteJ. In the event that uny provision or cluusc of thiti Securiry Inxmimcnt or the Note
<br /> —. ;� conflicts with applicable luw,sunc�ontlic�,hall not uftcct��thrr pruvitiions of this Security Instniment or the Noie which cun �'"��`
<br /> ? -� be given effect without the conflicting provisian. To this end the provisionx of thiz Security Instrument und the Note are ��;�,.
<br /> ��� �'"� �+� � decltued to be severable.
<br /> ,;� .�:{;��:� :�r. ; l6. Borrower's Copy. Burn�wer+hull Ix given one ronformed copy nf�he Note ancl of this Sccurity Inslrument. �"'
<br />_:,� ?E,.. 17. 7Yansfer of the Property or a ReneOcial Interest in Borrower. If all or uny pun of the Pmperty or uny intcrest in -_
<br />__ ,�- it is sold o�trunsfcrred(or if a beneticial intcrcst in Bom�wrr is,oIJ ur Irun�fcrred und Borrower is not u natur�►I penon) �==
<br /> --�� �•r.;`� '• , without Lender c prior w�itten consent, Lcnder muy.ut iiti aption,rcyuire immediutr puyment in full of all sums secured by ("
<br /> this Security Inxtrument. Hawever.this option�hull not Ix:exercised by Lender if cxercixe iti prohibiled by federal luw u.of s '�
<br />:_ �";,=�1•'"�¢ ,. �. . the date of thix Security Inx�rument.
<br /> —' _�'�.� ° If Lender exerci�es Ihix option,LenJer shall givc Borrower nu�icc u f ucrc leratian. T h e no tice x hv l l provi de u p e r i�x i o f �`_�
<br /> -•_--;���'- ::� . not le.r•+thun 30 day,Pmm Ihc dute the notice ix delivered or muilrJ wilhin whirh Borruwrr must puy all.um,secureJ by this _
<br /> Security Inslrumem. If Bortowcr faih to puy tlx��c sumx prior to Ihr cxpirutinn of this�riai. Lrnder muy invuke uny --
<br /> � ;..�,-. ' � remedies permittcJ by thi+Srcurity In�u•umrnt with�xit furth�r nutirc or dcmund on Borruwcr. --
<br /> ,��= 's:"'r 18. 8orrow•er's RiRht to Reinstate. It�Borrowrr nxnc �rnain cunditions, Bom�wcr shull huvc thc right �o huvc _
<br /> enforcement ot'this Securiry Instrumrnt diuuntinucd at any timc priur to lhr rurlirr of: la)S day�lur surh olhcr pericxi ux i°�
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