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<br /> condemnatiun or dht�talcin�of any p�ut of the Proprrty,m for Gonvoyance in lieu of ca�dem�ation,we heraby arri�n�xl�wl
<br /> :hall bo paid to Leadcr.
<br /> — - ln Ihe evEnt of w tolal takinK of the Rvperty, the proceeda xfiull be upplieJ to tho rumx r,ecured by thix Secu�ity
<br /> - __ --—=•�.r■ Instruu►eut,wt�ether ar not then due.wit6 any cxccss paid to Borrower. In the event ot u pertinl tnking at the Nroperty m '
<br /> - which�he fuir mnrket value of the Propeny immediwely befare�hc taking is eyual�o ar greuter than thc umount af�he�suma
<br /> --- secured by thia Security Inatrument immcdiutcly befare thc taking,unless Bortuwer und Lxnder othcrwisc ugrec in wdting,
<br /> a�, � the sums xecurcd by thia Security Instniment shall be reduced by�hc umount of'the proceeda multiplied by the fotlowing
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<br /> = 3�' - --- -�� fracdon: (ul the total wnount of ihe sums secured immediately I+tforr tha laking,divided by(b)the fuir murke�value o �he
<br />;�F� �j p�openy immediately before the taking. Any balonce �hnll be paid to Borrower. In thc event of u psutial taking of the
<br /> Property in which the Pair market vplue of thc Property immediutcly befon; the �aking ix Icss then the umount of thc sums
<br /> isecured immediutely befor+e ihe taking, unless Bom►wer and Lcndcr otherwixc agree in writing or unless npplicu6le law
<br /> - - - �_ othcrwise pmvides,the proceed��hsll t+e ep�lieyl��d�e sum�secumd by this�Secu�ty lns�niment whether or nw the sums are
<br /> then du�.
<br /> �'°�-"=+��! If the Praperty is abandoned by Borrower,or if,after notice by Lender to Barrower that the condemnor affers to moke
<br /> __.�.�
<br />---- �-°-� —°� an uws�rd or settle u claim far damagcs,Borrowcr fbils to respond to Lender wi�hin 30 duys ufter the date ihe notice ia given,
<br /> l.ender ls uuthorized to coUect nnd app�y the proceeds.at its option,either to restoration or r�pair of the Property or to the
<br /> ; sums secured by this Secu�ity Instnrment.whether or not then due,
<br /> -- ; Unless Lender and Borrower otherwise agree in wdting, any application of proceeds to principal shull not extend or
<br /> � postpone the due dnte of the monihly paymen�s rcfemed to in parugrnpha 1 und 2 or chunge Uic amount of auch payments.
<br /> -� 11. Borrower Not Reles�sed; Forbearance By I.ender Not a WAiver. Bxtension of the time for peyment or
<br /> -- — moditication of amonizution af the �sumc secured by this Security Inatrument granted by Lender to noy successor in ime�at
<br /> - of Bormwer shall not operate to�elease the liability of�hc original Borrower or Borrowcra successors in interest. l.ender
<br /> �— - - -_-__ shull not be required to commence prceeedings ageinst uny successor in interest or refuse�o extend lime for payment or
<br /> ___-__ .�� othervvise modify amortization of Ihe sums secured by this Securiry Instrumem by reuson of uny demand mnde by the origina!
<br /> _;�; -��;t`:��-- Borrower or Borrowerk auccessas in interest. Any forbearnnce by Lender in exerciein�any right or remedy shall not be a
<br />•°- ��-•.-�,,,}� waiver of or preclude the exercise of any right or remcdy.
<br /> 12. Succes.�ors and Asslgns Bound;Joint and SeverAl Liobility;Co-signers. The covenants und agreements of this
<br /> _��+����.�;�f.; Securiry InsUument shall bind and 6enefit tha succescors and assigns of Lender and Borrower,subJect to the provisions af
<br /> -�=.��r�,'��� parngrnph 17.Borrower's cmenantx und agreements sholl 6e joint and severul. Any Boaower who co-signs this Securiry
<br /> =f�'" �' '�"�'�''`� Inatniment but dces not execute Ihe Note: (a)is co-sigoing this Security Instrument only to mortgage,grant and convey thnt
<br /> �� Borrowerk inter�est in the Pro rt under the terms of this Securit Instrument: (b)iti not rsonull obli ated to A the sums
<br /> �'� :�._���,-. ,'-�"�,;;::.;r: Pe Y Y P� Y 8 P Y
<br /> � secured by this Security Instrument;m�J(c)ugrees that I.ender:uid any other BoRO�ver may ngree to extend,modify,forhear
<br /> `i�'• •,•�;�.:. '-�� �' or make any uccommodauons with regurcl ro the terms of this Securiry Insuument or the Note withou► that Borrower!s
<br /> y "� consent.
<br /> __ .--__= 13. I.oaa Chargea If the loan secured by this Security Instrument is subject ta n law which seta mnximum laan
<br /> ��-�s ��`�����"�" � charges,and thut Inw is finully iiNerpreted so thnt the interest or other loun churge4 collected or to be collected in connection
<br /> -=�,,.�;¢:;,,;'� �� � with thc lonn exceed the pertnitted limits,then: (u)any such loun chorge shall be reduced by�he amount netessary to reduce
<br />=-� : •?':, .. „ the charge to the permitted limit;and(b)uny sums alrendy cnllected from Borrower which exceeded pennitted limits will be
<br /> ""'� �r=� .��� � refunded ro Barower. Lender may choore w muke�his rePund by reducing the principnl owed under the Note or by making a
<br /> =�`�r,�._.}.�;�a;� ' direct paymem to Borrower. If u refund reduces principal,the reduction will be treated u.e u purtial pmpayment without uny
<br /> _-�;��=---:: ; r-'• • NIC�lily111CO1�.{Itll�c Uli�4;i IIiC NOIC.
<br /> _,�� • '�'"'"�• •. • 14. Notices. Any natice lo Barrower provided for in�his Security Inxlrument xhall be given by delivering it or by
<br /> - �'��>' ' ��"�+�°"� mailing i�by finst clasx mail unless applicable luw requires use of unother method.The notice shuU be directed to the F'�operty
<br /> �-� AJdress or nny other address Borrower dexignates by notice to Lender. Any notice ro Lende�shall he given by first cluss
<br /> �:�_� �'�'�• : •• "�^�"• muil to Lender's Address slated herein or any othcr uddress Lrndcr designutex by notice to Borrowcr. Any notice provided far
<br /> "'�,"'�.,,.,,, '� in this Security lnxtrument shvll tx deemed to huve Ueen given to Bortower or l.ender when given ac provided in this
<br /> - - '�Y".'Ii,>w4'::,:.-u9. parngrnph.
<br />_ �����••. • 1S. (:overnMS Law; SeverabNlty. Thix Securiry Inxtrument .r•hull be govemed by fcderul IAw smd the law of the
<br />- �!d''�-��'' �� ' .�' . jurisdiction in which the Pmpeny is locuted. In the event that:�ny provision or rluu�e of thiti Securiry Inslrument or Ihe Note
<br />- �"�" � ' •�� conflicts with appliruble taw,such contlicl shull nc�t affeci other pmvisi�mx ol'thi�Security(n+truinrnt or the Note which can
<br />-° ',"�"' ':;'" • be given effect without the confllcting provixfon. 7b this encl me pmvisions of Ihix Security Inslrument and the Note nre
<br />_ +'��`��°. ."�'. . declurcd�o be severnble.
<br /> �, F,�,.: � ''' 16. Borrower's Copy. Borrowcr shull tx given onc conformcd copy of thc No�e und��f Ihi�Scruriry In�trument.
<br /> - .. � • 17. 7lransPer of the PropeAy ar a Beneficiel Interest fn Norrower. If all or:uiy pan of thc I'rnpeny or uny interest in
<br />', - it is+old or transferred(or if u heneficiul intcrcst in Bormwcr iti su1J or Irun.fcrnd und Bom�wer is not a naturnl person)
<br /> _ •�'��_:", without Lcndcr's prior written consent, Lendcr may,ut its��ption,require immediate p•ryment in full af ull sums secured by
<br /> � =;:�; . ,,;,� thiz Securily Inxtrument. Howa:vcr,Ihis aption shvll not i►e cxcrciscJ by Lcnder it'cxcrcisc is prohibited by fedcrnl law us of
<br /> 'µ: � •+ • �he date of this Security Instrument.
<br /> �, � .� '` � If Lender exen:ises this oplion,I.cnder.hull �ivc Borrowrr notice of acreleration. Thc notice�hull pmvide a period oP
<br /> '�':;,.'�•r•.� not less thnn 30 dnys from the dnte thc nolicc ix dclivertd ur mailcd wiihin which Barrowrr muxl pay all wms secured by this
<br /> i '� „ ' Security InstrumeM. If Borrower fail� �o puy Ihc.c xum� prior t��the expir�tiun af thi� periad. Lrndcr may invoke uny
<br /> ' ' remediey permitted by this Security In�trumcnt withnut furthcr nntirr or demund un Borr��wcr.
<br /> a . � , + l8. Borrower's Ri�hf to Reinstate. If Borniwer nxet� ccnain condiliun,, Borrower shall huvc the right to have
<br /> � • enforcement uf this Security Intitrument di�cumin�eJ al any time�riur�u ihc rarlicr of: (ul 5 Jays lor such othcr period us
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<br /> Singl�f�inily--Fonnk�1uc/p}cddk�tuc l'NIFt IR!N 1\til'Nl'\1F.NT-•Unifomi t'o�rnum� 9190 tpu�t�J�q n�wu�.sl
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