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<br />. .-__al•.'��'.Se�1'it"� —_
<br /> ::= . 92_ soss48
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<br /> — candcmnation ar wher taking of any pw't of�he Pru{�ehy,or for canvoy+►nco in Iie�bPcanclemnWUon.arr hereby urri�ned w�d
<br /> _---- eha!!bc pald to L.ender. --
<br /> - , in ihe evenl of'u lutal taking oF the ProFxrty. �hc praccrJx xhall i+c oppHed to Ihe huma �ecured by Ibix Sccurity
<br /> = Inatnrment,whe�her ar not Ihen due,wi�h uny exccsx paid to Liorn►wer. In Ihe evcnt uP u pur11u1 t�kf�g uP Ihc 1'rcipeny in
<br /> - -- which tho fair market value af the Propeny immediutcly hefi►re thc tuking ia cqual ta ar greutcr�hun�he umcwnt of Ihu sumx
<br /> " "���►'�'� r,ecured by ihix Securi�y Inxin�ment immediatcly befure Ihe tuking,unlexs Hom�wer und L.cnJer othcrwik uYrce in wrhing, _
<br /> ��: �he suma recurcd by thia Secu�ity lnxwmenl Khall bc mduced by Ihe umount of Ihe prexeedx mulUplied by Ibe fallawin�
<br /> fruction: (al the totul amount of the sumc recured immediutcly hef�m the�Aking,divickd by(b►thc fair markct valuo uf the
<br /> -'� Property immediatcly bHfare thc iuking. Any bulancc shall hc paiJ ta BoRawcr. In the cvent uf a puniul �pking oP ihc
<br /> Propeny in which�he folr market value of�he Property irt�medialely beiore ihc toking ix legs thun tiw umounl uf ihe Rumg
<br /> - - _- --— eccui�3 {ni�ti:,diatcty tkfar� ih:. tal:iRg. untrx� t3orta�ecr and Lendrr alher�ri�e agsee fn 1+-r�tfns or unlesy nppli��nhl� !pw .
<br /> ���,:���^� otherwise providea,the praceeds shall be applied lu the xuma xe�:ured by this Scrudty Inatrument whc�her ur nat Ihe Aum�arc
<br /> — then due.
<br /> =-�•�=���:'�:T�--� If�he Property la abundoned by Borrower,a if,nfler nnticc by Lender to HoROwc�Ihu�thz condemnor offerx to makc
<br /> ��'��� an award or senle u claim for damuges,Borrowcr fuil��o respond to Lender within 30 days afler the dute�he natice is givcn,
<br /> _.., ,��,.,
<br /> Lender is nutho�ized to collect und upply the proceeds,at itK aptian,elther ta restarution ar repair of�he Prop�ny or to the
<br /> -`� aums secured by this 5ecu�ity Instrumcnt,whether or not t en ue.
<br /> Unless l.ender and Borrower dhenvise abree in wri�ing, uny applicution of proceedx to principal shall not extend or
<br /> � postpune ihe due date of the monthly puyments ref�rred to in puragrnphF I aud 2 or change the umount of such paymentx.
<br /> I1. Borrower Not Released; Forbearance By I.ender Not � WAiver. Bxtension of the time for payment or
<br /> =�;;,,�;,;�,i�,�" malificu�iun uf+unuiliwtlon af the sums sccured by this Secur�ty Instrument granted by Lcnder to nny xuccessor In intercst
<br /> -, roiaw�.u.�...
<br /> t° �. �,y`� af Borrower shall not opernte to release the liubility of the original Borrower or Borrower!s successors in interest. Lender
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<br /> ,;�� r ,��_.,,;e�s,,��;',•:. •• shall not be required to commence proceedingr against uny successor in interest or refur,e tn extend time for payment or
<br /> otherwisc madify amarti•r.ation of[hc rums sccured by this Securiry Instrumem by reuson of nny demund madc by the originul
<br /> � •� ° t�� � Bormwer or Borrowerx�uccessor�in imerest. Any forheurance by Lender in exercising uny right or remedy shall not be a
<br /> , n K�«...
<br />_. �''�' �•�• � '?�'�' waiver of or preclude the exercise of any right or remedy.
<br /> �, ..;�;:._ :, .� 12. Successora and Assigns Bound;Jolnt And Several Liobility:Co-atgners. The covenantx and ugreements of this
<br /> �� �=�'��•�"'' Secu�ity Insuument shall bind und benefit the xuccesson und assi�nx of Lender ond Borrower.rubject to the provlsfonx of
<br /> .:���, ,.: �
<br /> �: ,-, .
<br /> .•, psuagraph 17. Borrower?�covenunts and agreements shull be joint und �evernl. Any Borrower who casigns this Secudty
<br /> ;��".y, . y-...;;'� Instrument but does not execute the Note: (u)is co-signing this Security Instrument only to martguge,Rmnt und convey thut
<br /> • �.�. r .. Bormwer's intcrest in Ihe Property undcr the termg of this Sccurity Instrumenr, (b)is not pe�aonally obliguted to puy the sums
<br /> ��`'"' ° ', recured by this Security Ins�rumem;and(c)agrees that Lender and any other Borrower mny ngree to eatend,modify.forbeur
<br /> __- ,��;;,y,;;,,,� or make uny accommodaUons with regard to the tertns of this Security InRtrument or the Nwe without that Borrower's
<br /> _ - — y.,; .---- = conxent.
<br /> �,•• � a°"'�"" � � 13. Loan Charq�. If the loan secured by this Security Insuumcnt is subject to a luw whKh sets muximum loan
<br /> � charges,und that luw is finully interpreted so�hut the imeretit or other loun churges collected or io be mllected in connection
<br />: ' . �, , with the lo�n exceed the permiued limits,then: (u)uny such loun churge rhull be reduced by the amcwnt necessary to reduce
<br /> the charge to the permiued limi�;nnd(b)any sumx alrcudy collected from Borrower which exceeded permitted limite will be
<br /> � ; _� �•• ' -' �funded to Borrower. Lender may choose to mnke�his refund by reducing thc principal owed undcr�he Notc or by making o
<br /> . � 'shadr • dirccl payment to Borrower. If u rciund reduces principal,the reduclion will be treuted us a purtiul prcpayment without any
<br /> . �°n prepuyment churge under�he Note.
<br /> � - `• 14. NoNces. Any notice to Borrower provided for in thi�Securi�y lnstn�ment shall be given by delivering it or by
<br /> �' mniling it by firr.t cluss muil unless upplicuble luw requim.+usc of unother mcthod.The notice tihall be directed to the Property
<br /> + �' � Address or uny other uddmss Burrowrr dexignutcs by notice to Lender. Any nutice to Lender shull bc given by Fnt c1uKs
<br /> �,�• ,,�,�,:, •_�'.' moil to Lender;�uddrctis sta�ed herein or uny other ixiJre�s Lend�r dc.ignuies by ndice to Borrower. Any notice provided for ��;
<br /> -. - ` in thix Sccurity Instrument shull lx decmed lo hnvc heen given to Bcxrower or l.ender when given as proviJeJ in Ihi�
<br /> �� ' . "�� � �d P►uagrnph.
<br /> .,,� �,�,��.�••� lS. Governing Law; SeverabNity. This Sccurity Insirwnent shull be governed by federul luw und the luw of thc
<br /> �� •�++�*�° jurisdiction in which the Pmpeny ix kxuteJ. In Ihe event�hat uny provi,ion or clausc M'thix Securicy Inxtrument or the Note `
<br /> f� canflicts with applicnble Inw,zuch contlict zhull nM uffect atlx:r provitiions of lhis Security Imtrument or thr Note which can
<br /> •`' �� �' `.���,` be given effecl withow the conFlicting provision. 7b this end the provisionx of�his Security Inxtrument and the Note are �
<br /> :��'"''�'•" : • declured io be severnble.
<br /> �• � 16. Borrower's Copy. i3orr�wc�,h•rll lx:givrn onc ronformcd copy of thc�No�c und of this Securiry Instrument.
<br /> 17. 'll�ansfer oP the Properly or a Beneiicial Interest in Borrower. If aU ix uny purt of the Property ur uny interesl in
<br /> ' =�--�;�:�� it ia sold or transferred(nr if n hcncficial interc.l in Bormwer is,old ur irunsfemd :md Borrower is not n nuwrul person) _
<br /> �"!}.. '-�'=-��,��. "" without Lender's prior writtcn conxent, Lrnder muy.:u its optiun,rcyuire immcdiatc payment in full of all xums secured by -
<br /> ' thiti Security Instrument. Howevcr,this cK►tion xhull noi Ix excrciseJ by Lrnder if excrci�r is pruhibiied by fsdcrul luw ati of _
<br /> r;'"' �' the datc oP thir Sccurity Instrumcm. _
<br /> : If Lcnder exereiscs this option.Lendcr shull givr Barrowcr no�icc u(ucccicra�ion. Tlx noticc �hall providc a period of -
<br /> ,��:'.x�.. not Ic.z Ihun 30 duys from�hc dutc dx nuiicc i,dclivcrcd or mailcJ wi�hin which Borrow�r mu��pay all wm.ucured by this
<br /> ' � Securiry In+irumrnt. If Borrowcr fails to pay thc.c sums priur tu the expir•rtion ot'ihiz prriixl, Lencier muy invoke any �
<br /> ` ,�. . : ' remedics Exrrnitted by Ihis Scrurity Inxtrumen�withoul furtlx r ni�tirr��r dcmund on Borruwcr. =-
<br /> IS, liorrower's Ri�ht to Reinstute. 11' Rorrower mcets rrnain cunJilion+, Borrower �hulf huvc thr riEht to huvc
<br /> ' � � • enforcern�m uf thi.Security In�trunxn� disr�mtinucd at any�i�nr prior tu Ihr carlicr ut`. (•rl S day� lor yuch othcr peri�xl us
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