._ _ _._ ..._----�_.:. — •"'�-�•'�•{sYd,'S16�n!'x.,:a:�;;vi.:uwi5rs ' �IIYY4iM:Y.WiNY87�.: . . ,. ^.. __ --' _- ' ---_ - . •.�.f., ..
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<br /> comkmnMinn or o�lar�nAing of nny pan of�hc Proprny,or(osconvcyanco in Ikn of conJtmnailon,mu henby nsslgncd aid
<br /> ahnll lw pald tq t.cndcr�
<br /> � Ii1lLa tY2ni oi n Ioinl InAing of the f4vp:ny, tiY procceds +hnll Iro npplicd �o �he sunv s�curtd by �hl� Srca�iiy - - -.,-__. . ._.
<br /> fnslpqlxnt,whtther or noi thcn Auc,with nny cxcess paid Io Dom����cr. In iho cvcm of a panl+i lakfng ot�hc P�optny tn
<br /> whlch tha fair mnrktt valnc of U�o('ropeny immcdia�cly befo:c ihc Inking ix cqnal�o or grca�cr then thc amoant of ilw sumt
<br /> seturcd by this 5ecuriry Inslmmem Imntediaiely befnre the�aking,unlexs bnrro�ver and LenJer oihenvise ngrce In wdling.
<br /> Iho snms ucurcd 6y th(s Sccud�y Inurumcro shall be rcduccd by Iho nmoum of ihc pronnis muUipticd by thc following
<br /> fnc�lon: (a)the tolal nmoum of ihc sums securcA Immediatcly beforo thc mking,dlvided 6y(6)Om fair market vatnc ot tl�c
<br /> Pro�xrly inmxdinicly bePoro�60�aking. Any balancc shall bu piid to Onrto�vcr. In tho evcm of a par�ial iak6ig of Uw ' � - -�--- � �
<br /> {'roptrty in which thu falr madcet vniuo ot�he 1'ropeny Immediaiely beforv U�e�aking is Iess�han tl�a amoum of�lie sums
<br /> sccured immcdfntely,bcforo d�o Inking, unless Uomiwtr and I.endcr at6erniso agrc in wd�ing m unless applkable la�a �- --- -�
<br /> othenviso provldes,�ho pracceds shall6o,pplied�oiho sums sewnd by�his Securi�y Instmmem whether or noi�ho sums,ro
<br /> then duc.
<br /> If the Propeny is abvrlonc+d by Bortox•er,or IL aficr notke 6y Lender io Oovower iha�the eondemnor offers�o mako
<br /> nn mvard or s:ute acla6n Cordanuges,Qoerower fails to rcspond to Lender wi�hin 70 dayx afier the date�he notico Is g(ven,
<br /> Lender tq aiiNori-ted w coltect and app[y the pmaed+.at i�5 op�on.eithec to nswc2ion ot m�air of the Propeny or to�he -� " --
<br /> wMa srcuted by rhts Security[nsuum:aiL whe�hec cevr�t J;cn Jue.
<br /> Untess Leedxr anE Bortower oJa�vi<e agree in.writin�,nny a{iplicntion of proceeds to principal shalt eat ext�rtd ar
<br /> �ioa'rtwr.eJieduecE�ROfthemnr.ttdyp:��-nxt:onC��mQcoinparagra{�BslanA2arc6angerb<uaountofsua[ipaymrntv. s_�,,,,,�
<br /> 11. Borrax�cr fvot fiePeasod: F7�rL�enrence Sy Lcadne IeoC a. 5lidxe+r. Er.o,c�on oF rhe rirA for pay�eut ar .�y��Rr'___�_�-
<br /> modiCtcnllon ot amoniza�lon of�he xiims secuted 6y�6is Sccarity lnstmn:em gnnceeE by Ltnder to any sumsscr in in�:r�st ia�y1,,:xr�=-
<br /> of Bortbaet sh�ll r.n�aptrx�e �o releace the Iiabtliry of the origlnal Uorto�scr or Borto�eerk successcus in imercst. Ler.�He 1 r --:!
<br />- shall no� be rcquimA m commence pracadinga aga(nxl any successor in entrmsi or refucr�o ex�enQ �ima for pnymeN or E�"'-` ��
<br /> o�henvise mality omoniintlon of�he sums szeured by Ihis Securi�y Insuument by reacon of any demnnd mad�by the ori�inal �+���s,.
<br /> Onrrower ur 6orrowerk successors in imems�. Any fn�bexr.mce by Lender in exercising aay right or remedy shail not fx o t�€
<br /> ���aiver of or precludc�hr cxcrcim of any right nr rcmeeiy. J Y
<br /> 12. Snemssors nnd Assi ns Oound;,loinf nnd Secernt Llabl7it�;�o-sl nera. The covenams nnd n rc.menGS of�his 1�E}���`ri-:`-- �
<br /> R t R s `k?1�IfNd�!`:,
<br />� Secnriry Insmm�em shnll bind and benefi�the snctes.eors nnd assignx of Ler.d.r ar.d➢orw��zr,subje.-�to ihe provlsions of �,����t.�-_
<br />- parngnph 17.Ilotrowerk covenanis nnd ngrecmems shxll Le Joim nnd sevenl. Any I3orron�er who co•signs �his Sccuri�y �;��q;,�,��„�;r:��
<br />- Imwmem bct daes nol execu�e�he No�c: (n)is co-signin@ tlds Smiri�y Ins�mment only to mongage,gmm nnd canvey�hat " � ��54-r;�
<br /> Uorrowert interest in�he Pro cn under�hc�cnns of ihis Sccuri� InsinunenC (b)is not crsonall•obli lted m a die sums f F't%t�- _'-
<br /> P Y Y P > 6• PY 1�,y,..,y^•,•;:-,-
<br /> seeurcd by�hls Secumy InstrumenC nnd(c)ngrces ihat Lender mid any o�her 1lonmver may ngree�o extend,modlfy,foibear � �)�t,yfl�r'=:
<br />. or make nny ncwmmaintions wi�h mgoM ia �he�emis of t1�is Secnriiy Im�n�mem or�he Note whhoW tha� finrtowers ?,i�-f.;:`.L�=-
<br /> eon:em. � �S+�.t�'�r,y. �•�
<br /> 13. I.oan Chnrgts. If thc loan securcd 6y�hls Secud�y Inauument Is suhJeci to a Imv wldch scis maximum loan °�.::���°= -
<br />- cn,rgcs.imJ inai iaw ia finaliy inici"nctcJ au liini il�c iiile�c.i i�i oii�.i i�n�i:hnrges.alktitE c�to�:a::l^.d L':coo�^:llan -y;`".��'y.:,�` -..
<br /> wi�h ihc loan excecA�he pennhleJ ILnin,�hrn: (n)nny�irch Inan ah:vge shail be nduced 6y�he umoum nen:+nry io rcduce � __
<br /> ih¢chargc to�hv�xmilncA IfmO;and(bI any swnx alroady collcctnl from Qortower whlch cxcccCcd�nni�lcd Ilmhs wlll 6e r���i�t ;--..
<br />- rcfunJed to 13orca���.r. i.cndcr mny chnozc lo makc�hi+rcfunJ by rcducing�hc principal omcJ undcr��c Notc ur hy making n ��k.�-.�'.�:-
<br /> dirccl a mem lo Uorm��•.e If n mfund rcAnca rfncl 6�he nduc�ion will be trraied:u a �nlal R a mem wnhow an E�f��?�,<<i.£;5�;':•
<br /> P Y r w P• P P Y Y i-;_�t �
<br /> pnpa mcnlchazgzundcrUicNmc. Sh''•'�';i`;�,='�.
<br /> Y P ) 6 Y 8 Y s�,tstty:',',-,�. :
<br /> i. Nol{tt:�. An noilce �o Uurco�cer rm�ideA for in this Securit• Inun�mem ximll be te.n b dellverin il 01 6 _�.r ,r� �,
<br />- mailing ii hy first cla�s mnfl unlc.s npplfca6lc lax•reyuirrc usc of ano�her mc�ha1.71ie nolicc shall bc dtrcctal lo�hc PropcnY �:iFp��°;;,`r�+_i':
<br /> Addrcss m any o�her aJdmss{Inrtnwer designates by noiice�o I.rnder. Any noiice�o Lender shall be given by Iirst class ���#:�';,in(���;:_
<br />� mall�o Lenders nddrcu xm�ed hcretn m any mher addrcss I,cndcr dcsignata Uy noiice to Oorzarer. Any nmke providcJ tar - y' •-:�.-?�
<br /> In �his Sccnrity Insuumem shall M dccmed m haec l+cen �(ern lo Ilnrrmvcr or I.cndcr when givcn as providrd in �hfs ;��i(F`a:;�;i==�i�.�
<br /> paregnph. ���i`\',j2.P:i:a�:.;�,
<br />- I5. Gorrrning Lnu�: Sevcrn61111y. lhis Sccuriq• InsVUmrni .hall 6c govcrneQ by(edcral law and Ihe Imv uf�hc ;{=�j;<ik��t(J�:=.:
<br />. jurisdlclion in wl�ich�he Prapeny is Icemed. In�he event tha�nny prorisinn or clauxe of�hic Seeuri�y Inswment ar the No�e �rfj�k�.�Mi,g�_;;.::..
<br /> �o�n���s�vta�.���u�,blc law.aich ton�ici sh:dl noi a(fcci o�hcr prnvisioa.nf�hls Scwri�y lnctrummt onhc M1o�c�rhich can �i +•* �':_
<br />- Ue giren effai ��•nhow�he contlir�ing p�ovisiim. To this end�he pravnions of ihis Secmi�y Insin�mrm and�he Note are ����,fr rs _,_
<br /> dcducA�0 6c sevcmblc. �f�y�.y�anu�,--
<br /> 16. Dorrmrer's Cop��. Oorro�ver.h.�ll Ix gir.n ur.e confonned copy nf�h.hme nnd af�ht.Se.nri�y Insttumem. e�jx1'1F�'�{��in -
<br /> 17. 'IYnnsfer of 16e Pwperiy or n Deueliclal Interest In Borro+rer. If all or nny pan of�hc Propeny or any im.rex�in j,i(('ss''�.>3.� -
<br /> i�is snld or tr,u�sfemd(ur it a Mncfidal imrrcst in Ooaon�.r is wld or vnnsfcmd nnd f3orroucr ic no�n na�ur.d rson) "''"""
<br /> P� Y£�11h'fi�1� -
<br />� wilhoul Lendrri dor wrin.n concem.Lender ma .m i��o nion.ma uirc immediate �a mem in(uil of all xunu xcurcA b r c.-• � -�-
<br />-�- �hts Stturi� 6�s�n men�. Ilowcvcr.�his o tina sha I nol ln cxcrtiscd�6•I.rndrr if excrc�c ix rnhiFitcd b•kdcral Imv ac of �S�`��(��r�,�Ii,;�:�;;.
<br /> Y P ) P 3 ,o...,.3 ,-
<br />= thedalcof�hisSecuriiylns�mment. �a}%.•� 1S' .
<br /> If Lender ezereixs tl�is oplinn.Lendcr shall give Ourtmrer nn7im nf acceknlinn. The nolice shall pmride a perial of 5 i'�;i �s r '�
<br /> nol Iess lhan}0 days from Ihe date Ihe nmiac ix drlirercd or mailed�cilhin�rhich Onrrn���er muxl piy nll xums secured by Ihis ` ; . t ..•.":'-:�.
<br /> ' ::�%s;:�:'�.�
<br />.. Seeuri�y Ins�mmcm. If Unrtm��cr fnil. w pay ihea .nim prinr io t6c expir��ian u(ihi.perial. Lender may in.�uke nny ' i�y;� ,., 'a:.:
<br /> rcmcdlu p[miiltcd Iry-thi�Sccurily hntmmcnt uiiL::al fnnLcr nali�c nrdcmar.d nn Ilnirm+rr. - . .. --
<br /> I8. Burro�rcr s Itighl lo Rcinxm�c. If flnm��cer mcct.icnnin.onditinn.. 6nrrmcrr .hail haec �hc righi w harc �)-�`�.�:'`ii;;:i;.
<br /> enfortement nf Ihi.Securil�•h�llnuucnl Jixaniim:rd :�I anr lime priur In Ihe radirr nL I;u 5 day.(nr weh olher periuA aa �i'1:[,{�:•;a.,:S,.
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