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<br /> � 92_1o7os1
<br /> condemnation or other taking of any part of the Propeny,or far convcyanco in IiCU of condemnpdon,aro hcreby w�iQmd wnd
<br /> rholl bc pnid to Lendsr.
<br /> ' In the evenl of a total tnking of the Property, the proceeds shall be npplied to Ihe sumx xecureJ by ihiR Securily
<br /> - Instrument,whether or nut then due,wilh nny exccss pufd ta Bormwc�. In thc event of a purtful tuking of the Pmperty In
<br /> which the fAir market value of the Property immedia�cly befa�o thc�aking is cquul ta ar greutcr than the amount of'the auma
<br /> � secured by this Secu�ity Instrumcnt immcdiatrly before the tuking,unlesr BoROwer und Lender othcrwise agree in writing,
<br /> - the sumR secured by this Security Inrtrument �hali be reduced by ihc umount uf�hc p�aceeds multiplicd by the follo�ving
<br /> fraction: (a)the total amount of the sum9 recured immediutely before the tuking,divided by(b)ihe fui�morket value of the
<br /> �, .�.�<,.• Property immedialcly before the tuking. Any b�lunce rhall be puid to Borrawer. lo ihe cvent of u poutiol tuking uf tha
<br /> - ���+7,,:�,� Property in whicn the fair market value of the Prapeny immediutely befare the tuking ix Iccs Ihun �he nmount of the sums
<br /> , �' ' secured immediately before the taking, unless Borrc►wer nnd l.ender ntherwise agree in writing or unlesg npplicab� luw
<br /> '� ""��ri'�>�`'„����?�� otherwise provides,the praceeds shall be upplied to the sums tiecured by thix Securiry Instniment whether or not the sumR ure
<br /> � then due.
<br /> —�.�:�-�:=�3� If ihe Propeny is abnndoned by Bo�rower,or if,ufter notice by Leiuler w Burruwer that the condemnor offers to make
<br /> ��`� ''t un award or se�Ue a claim for damages.Borrower fnils to respond ta Lender wi�hin 30 duys ufler thc dute thc notice i�given,
<br /> ��"�=`�'t""'`` Lender is nuthorized ro collect and npply the proceeds.at its aption,ei�her to reti�orAtion or rapair of the Property or to the
<br /> �,�x.:�.,�;,,_, ,
<br />��-� -� .� Rums�ecured by this Security Ingtrument,whe�heror not ihen due.
<br /> '" ° '` � �°� � Unkss Lender und Borrower whenvise agree in writing,uny upplicntian of praceeds to principal shall not extend or
<br /> � ' �'�; �• '' ` powpone the Jue dnte of the manthly puyments refarred to in parngrnphs 1 und 2 orchange the umount of such payments.
<br /> _ :�,R,,,,,,F-.µ,,,,_, 11. Borrower Not Released; Forbear�nce By I.ender Not a Waiver. Ex�ensian of the time for payrnent ar
<br /> -.. _ - '`:' modification of amnrti�.ution af the sums secured by ihis Security Instrument grunted by Lender to nny successar in interesl
<br /> '�?±'* •, ' � of Borrower shall not operate to release�he liability of the originul Borrower or Barrawer's successors in interest. Lender
<br /> ,�� �� . - ' ' ' shall no! be required to cnmmence proceedings against uny successor in interest or refuse to extend lime for payment or
<br /> �' y otherwise modify omonizution of the sums secured by thi�Security Instrument by reasan of uny demund mude by�he original
<br /> •" "- � �"'�-�;r� Borrower or Borrower+wccexsur�in interc,�. Auy forbeuiuoce Uy Lender in exercising any rigM or remedy shall nat be a
<br /> • f .� � �,.- weiver of or preclude the exercise of uny right or remedy.
<br /> , • � �'. 12. Successors end Assigns Bound;Joint and Several l.iabllity;Casigners. The covcnunts und ug�eements of this
<br /> • , • . �� ;, Security Instrument shnll bind und bene�t the successors and as,ign+of Lender und Borrower,zubject ta the provisions of
<br /> . � paragrnph 17. Borrower's covennnts nnd ug►eementx shall be joint and severul. Any Bonower who co-signs this Security
<br /> �"` " Instniment but does not execute the Note: (a)i.ca-xigning thi+Security Imtrument only to mortguge,gmnt and canvey thAt
<br /> . � d� ' Barower's interest in Ihe Prnperty under�he�ermsof�his Securiry Inswment; (b)is not personully obligutcd to pay the xums
<br /> ,. � :, „ „ �' secured by this Securiry Instrument;nnd(c)ugrees thut Lender ond any other Borrower muy ugree to extend,modify, forbear
<br /> _ �,. ,, or make uny uccammodations with regard to the terms of �hi� Secu�ity Instrument or che Note without that Borrower:r
<br /> –_- '_- ;= - canscnt.
<br /> - �, •` .. .• 13. Loan Charges. If thc loun ,ecured hy this Seruriiy Ins�rument is subjec� ro n luw which scls muximum loan
<br /> " chnrges,And that law is finally interpre�ed so thnt ihe inlerect or other lo�n churges collec�ed or to be calMcted in connection
<br /> w with[he loun exceed the permitted limits,then: (01 any such loan charge shall be reduced by the amount necexsUry to reduce
<br /> " �� • • the churge to the pern�itted limit:und(b)any sums ulreudy collected from BoROwer which exceeded permilted limits will be
<br /> � �'h •� refunded to Borrawer. Lender muy chcx�sr to make thiti refund by reducing the principul owed under the Note or by muking a
<br /> •�- ° �� direct p•ryment to Bnrtower. If a refund reduces principul,the reductfon will be treuted us u purtial prepayment without uny
<br /> > prepayment chnrge undcr the Notc.
<br /> , . 14. Natkes. Any notice to Borrower provided for in thi+ Securiiy In.rtrument shall be given by delivering i�or by
<br /> . . ry., ; mailing it by first claxx muil unlcss upplicablc luw rcyuirrs utie of unother mc�hod.The notice shull be directed to!he Property
<br /> `� � " ' ° Addness or uny other address Borcowcr de.r•iFnutes hy noticc to Lender. Any notice tn Lender shull bc given by first class
<br /> �.., muil to Lender:uddres.�1u�ed hercin or ony othcruJdre,ti Lcnder de,ignaies by noticc to Borcower. Any notice provided for
<br /> cF.. �� ..' in �hix Security Instrumcnt .hull bc drrmed to huvc bccn given to Borrower or Lendcr when given us provided in this
<br /> � � . . purngrnph.
<br /> 1� ,_,�y.. 1S. Governin� l.aw; Severubility. Thi, Srruri�y In.tNmem +hull tk giwerned by federal luw and the law of the
<br /> jurisdirtion in which Ihe Propeny is IixxuteJ. In Ilx cvrnt that•rny provision cx clauxe of�hi.Securiry Ins�rumen�or the Note
<br /> � -� - conflictx with upplicuMr luw,zurh r�x�tlic�.hull nat ul'1'rri other�r�wi.i�m,of this Srcurity Imtrument or the Note which can
<br /> �:•�-. ,
<br /> - • '� , s�,'�' be given effect without the cuntlicting provision. Tc� this end ihe pmviziom of this Security Inxtrument und the Note are
<br /> � " ° . � � der.lured��he uvcruble.
<br /> � 16. Borrower's Copy. Borrowcr.hall Ix givrn��nc ron(�xirnJ cupy��f thr Notc und of thi,Srcurity In.irunxnt.
<br /> 0 17. 'I�ansfer of the Propertv or u 1leneficial Interest in Borrnwer. If.�II or uny pan oi'thc Pruperny or uny intcre+t in
<br /> �. ~ it is suld or tran.frm:d (or if u lxnetiriul iniercti� in 13orrowrr i,.old or trumfrmd and Bi�rcowrr i+nor u nawr.�) penon)
<br /> � ^ " without Lender's prior wriucn con.rm, Lenckr may,at i1.option.reyuire immcJiatr paynxnl in fnll of all sumx+ecureJ by
<br /> � this Security In�trument. H�wcv�r,this optinn shall no�i+r rxcrcisrJ by l.enJcr ifexrrci�c is pmhibited by fedeml luw us of
<br /> '' the date of thi.Securiry Inz�rument.
<br /> �' � If Lcnder exerci�cti thix i�ptiun,LrnJcr rhull�!ive Rorrowcr nolirr i�l'acrrlcraliun. Thr nolirr�hall prnvide a period o(
<br /> � •""'•'� � ' nat Ics,�han 311 duys from�hr dutr Ilx nuticc i�dclivrrrd ur nmilrJ��ithin��hich N��rrowrr mu.t pay ull,um..rrurrd by Ihi+
<br /> • 5c�uri�y Intitrumem. If Bi►rrower I'aih 1�� pay dk.0 sum, priur tu the crpirutiim ��f Ihi+ �xrioJ. Lendcr may invokc any
<br /> • remediex prrtnitted by thi�Security In.trununt withoul funher noticr or Jemand un l3orr��uer.
<br /> 18. Borrnwer'S Rl�ht tn Reinstale. If Borrowrr nuc1. cenuin runJi�iun+. Bi�rrawrr .hull h:rvc thr right to huve
<br /> enliircement�►f Ihi�Sccuri��� In.lrument Ji.cun�inu�d at:mp timc priur lu thc rarlirr ul: ia►S day. lur.uch utli�r�xrial a+
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