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<br /> � condemnatinn or athcr takin�of any purt of ihe Property,a for conveyancc in lieu of condemnutian,aie hercby u�i�ncd and ,
<br /> - ahall be¢atd t�l.�n��a
<br /> In ihe event of u taal taking of the Propeny.the proceeda Rholl be npplied to the sums securcd by Ihis Security
<br /> Instrurnent, whether or nat then due,wilh uny cxcexs raid to Barrower. In ihe event of u panial taking of the Pmperty in
<br /> ' • which the ft�ir morket velue oY the Property imrrxdfately beF'orc the�uking is cqual to ar greu�er�han the amuunt of the sum�
<br /> ', xecured by this Securiry Inxtrument immer,liutely before the tuking,unlesx Borrawer und Lender otfierwiu:agree in w�iting.
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<br /> -_ the sums secured by this Securily In�trumcnt shall bc reJuccJ by thc umuunt of thc pracecd,multiplied b the folla�v ng -
<br /> - fractian: (w)the total amount of the sumx sccured immediately 6cfore Ihe tulcing.divided by(b)the f'uir murket value of the
<br /> � Pmpeny immediately before the tAking. Any bulonce sholl be paid to Bom�wer. In the event oi a purtial taking of the
<br /> Property in which the fair murket vnlue of Ihe Propeny immediAtcly before the tuking lx less�hun the wnount of'the xuma
<br /> �secured immediately h�fore the tuking,unless Borrower and Lender aherwise agree in writing or unlesa npplicuble luw
<br /> _ -- _ otherwir,e provides.the proceeds shull be applied to the �um� �secured by�his Secunry Instrument whether or not the sums are
<br /> .� then due.
<br /> =°---- __- "'x� If the Property is a6andoned by Borrower,or if,ufler notice hy I.anJer�o Burruwur thut�he cundemnur affers to make
<br /> .�-;y�;•�"�� an uward or settle n claim for damages,Bortawer fAils to respond ta Lender within:i0 duyg ufrer the duta the n�dce is given.
<br /> ���s�� Lender ls au�hodzed to collect nnd upply the proceeds, a�its option,either to reatorution or repuir of ihe Propeny or to the
<br />� Rums secured by this Security Instrument,whether or not�hcn due.
<br /> -_- - Unlesa I.ender nnd Barrower dhenvise agrec in wMing,t►ny appUcation of praceeds to principul shall nW eztead or
<br /> ._ postpone the due dute of the monthly paymenls referred to in parugrnphs I und 2 or chunge ihe umount of xuch payments.
<br /> �� 11. Borrower Not Released; Forbearapce By Lender Not a Waiver. Extensian af the time for puyment ar
<br /> madifcution of am�nization of the sums secured by this Security Instrumenl grnnted by l.ender to any auccessor in intere�t
<br /> ��°`�� � ��i°'."„�?�'r���' •` of Bormwer shull not operate to release the liubility of ihe original Borrower or BaROwer4 successors in intercst.Lende�
<br />°:;�;:. �w�� , k shnll not be required to commence praceeding�aguintit any successor in interest or refuse to eztend time for payment or -
<br /> ��� - -���r ' ° � otherwise modify umurtizution of thc sums secured by this Security Instntmcnt by rcason of any demanJ o�ude by the original
<br /> :�. , .�,�,,�:"�,��`;�• Borrower or Borrowers successors in iMerest. Any forbea�-since by Lender in exercising any right or remedy shall not 6e s�
<br /> ; i.;��'1�,,;:w�,�k waiver af or preclude the exercise of any right or remedy.
<br /> 12. Successors and Assl�ns Bound;Joint and Several Liabflity;Casigners. The covennnts und ugmements of this
<br /> .�,'.,". Security Instniment shall bind And benet'tt the successo►s and assigns oP Lender und Borcower,subjec� to thc provisions af
<br /> " ;:'+�:`�',.t'�� ��' parugrnph 17. Horrower's covenunts and agreemeMs�hall be joint und severul. Any Borrower who co-signs �his Security
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<br /> Instrument but das not execute the Note: (u)is co-signing this Security Ingtrument only to mortgugr,grunt nnd convey thut
<br />` ` � BoROwer's•interest in tbe Property under the�erm�of�hix Security Inatrument; (bl is not personully obliguted to pay the r:ums
<br /> � ; . ,Y .., secured by this Secu�ity Instrumenr,and(c)agrees thut l.ender und uny other Borrower muy ugree to extcnd,modify,for6eur
<br /> ���, or muke nny uccommodations with regard to ihe terme of thix Secudty Instrument or the Note withuut thal Bortower's
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<br /> • � 13. Lown Charges. If the loan secured by this Sccurity Instrument ix subjec� to u luw which selx muximum loan _.
<br /> • •° churges,and Ihat IAw is finully interpreted sa that the inlerest or other loan charge.r•collrcted or to be collected in connection
<br /> with�he loun exceed the permitted limits, then: (u)uny such loan churge+hall b�reduced by the umount necessary to reduce
<br /> Fy'r'=' ' • ,R ,.,: the chargc to the permitteJ limit:und(b)uny�ums ulreudy collccted from Borrower which exceeded permitted limits will be
<br /> �.=•' � ° ' refunded to Borrower. Lender muy choose lo n�ake thi�refund by reducin�the principal owed under the No�e or by muking u
<br /> � ' ':y�±,��` � .. . � direct payment to Borcower. If►i refund reduces princip;d,the reduction will be Ireuted us u purtiul prepsyment without nny
<br /> _ , , � .~ I prepnyment churge under the Nate.
<br /> �� , 14. Notices. Any notice to BoROwer provided fa in this Security Inxtrument shull be given by delivering it or by
<br /> �'. , .'d. j� ., mailing it by first cluss muil unless applicuble law reyuinK u�e of another methcxi.The notice+hull be directed to the Property
<br /> ., Address or nny other uddresx Borcower designules hy ndicc�o Lender. Any nulicr to L.ender sholl be siven by fint class
<br /> � %��'•� muil to Lender;uddrcss+�ated hercin or a�y othcr uddress Lender desiKnutex by nutice to Borrowcr. Any notice provided for
<br /> ��:. '� � , ° ��`' in this Security Instrument shull lx decrncd to huvc lxen given �o Bnrrower or Lender when given ox provided in this
<br /> .�. ' ,:'`.. � . P�g�ph. •overned b federul 1•rw and thc IUw of the
<br /> w..,,. . . 1S. CoverninR Law: Severabilily. This Srcurity In�trument �hull I�c � y
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<br /> � juriscliction in which thr Property is kxnted. In the evcnuh.0 uny pn�vitiiun ur cluusc of thi,S�ruriry Instrument or�he Nutr
<br /> v:'° � ���� ° contlicts with upplicublc law,tiuch contlict xhull not uffeci other provisionx of thi,Serurity In,trumen�or the N�Ke which cun
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<br /> � '• be given efFect without �hr conilicling provi.ion. Tu this end the provi.icmx of this Security Instrument nnd the Note ure
<br /> �. declured to bc sevcruble.
<br /> . � , 16. Borrower'c('opy. Born�wrr shull t,e givcn une ce�oformed copy ot'�he Note�nJ of thi.Security Instrument. _
<br /> l7. 7Yanster of the Property u�a BenefTcial Intenst in Burruwer. If all nr uny parl uf thr Prupc:rty or any intere,l in
<br /> q�, ,;� _ � 8 ,� � it is sold or trun.r•fcrned lor if a heneticiul intrm.t in E3ormwcr is,uld or tr•rn,ferred und Borrowcr i.not u nutural person)
<br /> � without Lender+prior written cument.Lendcr may,at ik i�pli�m.�e��uire immediole payment in i'ull of all sums�ccured by _
<br /> . - � ' thix Security Mstrument. Howevrr,�hix aptiun shull not Mc cxcrcised by l.ende�if cxrrci�e i�prohibited by Federul law as oF
<br /> , , � ,�• • the dute of this Security Instrument.
<br /> • ' �}��,•,., .. If Lcnder cxercixr,�his op�iun.Lendcr shull givr Borrawcr notirc of e►crrlrri�tiun. Thr noticc tihall proviJe u periucl of _
<br /> � . � .. nut les+th•rn 30 days from Ihc dutc thr�x�tirr i�Jclivcr�d or m•ril�J wi�hin whirh Bunuwrr must pay ull sum��ccun J by�hi.
<br /> • ,,y.,. " Security Instrument. 11'Borrowrr 1'uils tu pay thrsc �umti priur to thc rxpiratiun uf�his Exricxi, Lender muy invoke any '
<br /> �medic.pemtiltcd by lhis Sreuriry In,lrumenl x�ith��ut funhernutirr urdrmund un DoROwrr.
<br /> � � � IS. Borrower's Rlght lo Rcinsfate. If'Hom�wcr n�cet. cert•rin runJitiun.. Hurrower �hull huvc thc righ� lu havc _
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<br /> eni'orcemenl uY�hia 5ecurity Inxtrumcnt�ii+cuntinueJ:u any lime priur tu the rurlirr ut': lal S da}••{�,r wrh��ther�xn �s
<br /> . � � Sinkle Family•-Funqle MuciFreddkSluc 1'VlFlllt�t 1\ti'1'Nl'�1F.N"P•-l�mfnmi t'uvrnant. 9/9U �����pr J�qA�utr.��
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