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92109553
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Last modified
3/8/2012 3:51:55 PM
Creation date
10/19/2005 5:45:19 PM
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92109553
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_ . ..w � ::.._m _ �___..�._._�..._...�_ <br /> _ <br /> , <br /> i <br /> � �2�.09aS3 <br /> condcmnaqon or othcr�nking of any put of ihc Property,or for comeynnco in Ilcu of coddemna�lon,nn:hcrohy nssipncd nnd � <br /> she11 bc paid to Lcndcr. <br /> in the evenl of n tolnl inking of�ha Propeny, �he��rntttJs Fliall Im npplicd ia th: sums saurcal liy �h{s 9ccud�y <br /> Instvmrnt,whc�hcr or not then due,with nay oxccss pai to Qorco�vcr. In tho evcm uf n panlal mking of iho Pro�^.ny in <br /> which iho tsir mnrkct valua of Iho Propcny Immedialcly beforo ihe toking is eqnal to or grcater thnn tlie nmonnl of�I�o sams <br /> sccurcd by�his Saufl�y Ins�mmem immcdimcly bcfoR�he iaking,nnlcss Ilormwcr and Iwnder o�hmvixc ngree in wdting, <br /> tho sums securcd by this Sccud�y fns�mmem shall Iw rcduced Ay�he mm�uni of t6c proceeds mu0iplicd by t6e following <br /> tnnlon: (n)the tmal nmoum of�he snms securcJ immedtntely txforc�Im Inking,dtvided by(b)the fair mukei value of the <br /> Pro(xny innncAimely befora tlm �aking. Any bal�ncc sh�ll 6c pald to IfoRa�rcr. In thc cvcnt of a p;.ninl Inking of!he . <br /> Propeny in whtch q�o fnir markcl valnc of thc Propcny Immedlaloly beforo�hc mking is less�6an tha nmonm of ihc sums <br /> sccnnA immedfuely Ixforo the t,king, uNcss porcower and I.ender o�hervitsc ngrce in wd�ing or unie�s nppl[cable Imv <br /> olhenvlse prorides,the procee4s shall be npplitd to U:e sums secuad by�hts Securily Insuumem wheiher or no��he sums arc <br /> dicn duc. <br /> If the TPmrp:nY is abutdor.ed by FSorrower,or if,aCter notice by Lendcr to 13onower Ihal ihc condemnor offers to make <br /> nn awsd or s:ttte n claim fa d.unages,iScrro�cer(aiis to reqund to Lendcr�vithie 30 days aller�he dntc�he no�iee is given, <br /> Ltr.dcr is autho.izcd ta cotica u�d upply t�e procecds,e�its opuon,cithcr to resroraicu7 or repair of i6c PfcFznY o:to tht � <br /> eumc secured Ey th3s Sccnrity Im'.�emcn4 wtr.ahcr or noi ihm dec. <br />� Unless LencGx and 13onower mhenci>e au�e in wri�ing, .rny apptirmion of procceds�o pdncipal shall�rot nx[end or __. <br />. postpone ttM due daez of ihe momhly paymems rzCertcd ro in paracmphs 1 aaA 2 or change the amoum of ach p�ymems. <br /> 1f. Borw�*er Not Relta.udi Forbturance Dy Lender Not a fl8irer. Cx�enslon of �he tinu for p.ryment or _ <br /> aioetificatiop ot nmotlization of Ihe sums ucurcd by�his Secariq Insimmem granted by Lender�o any surcessm m imemc� _� <br /> uQ'6orcower shall nut opera�c to rcica<o the liabili�y of�he originsl Onvowcr or QortowcrY snccessors in iNCren. Lendzr = <br /> Fhati �st 6t requlrcd lo commence proceedings agains�any+n:crssor in intems�or rcNse�o ex�end�ime for p:ry�mem or = <br /> mhm�ise modity amortization af ihe sums secured by�his Sceari�y Insmmient 6y rcason of:uiy demand made by�heaigmal — <br /> Ilonm�cr or Roao�ver4 succcssors in incercsi. Any Porbemm�ce hy Lcudcr in exercising�ny righl or rcmedy xhall na bc a _ <br /> wai��erof w�recludc�he excrcise of any righ�or rcmedy. — <br /> 7:. Succe.ssors nnd Assigns Raund;Jolnt and Sevemll.labillly;Co•signers. "Rr_•co�•enams and agrcemen�Y of�his - <br /> Sec+iri�y Imlmmem shall bind end benefil Ihe suceessors m�d acsigns ol'Lendet nnA Ro.roncr,subJ�et lo�he provisionv of _- <br /> pamgnph R. DorrowerY eovenams and agrcemems shall br joint and seveml.Any Iionower�eho co•signs ihi�Security = <br />� Invn�mem bni dues not execme�he No�e: (n)i:coafgning ihfs Seeumy Instrument only ro mongnge.cram ar.d com�ry thm � <br />- OMmu�erl iq�e:en in ihc Propeny undcr ihe�enns of�his Security Ins�mm.m; (b)is no�personally oblig:ned ro pay ihe sums ^_` <br />� secured by�hzs Szarily Inswmem;and(c)ngrers�hu�Lender and nny other Bortower may ngrce to ex�end,modify,fortmsr "-�� <br /> or m.:kc anp ncrommodatlons wiih rcgard m�hc �cmx of�his Sccurity Insuumcnt or th. Note wiihom �h:+t l3orroa�.rk - <br /> consem. _ <br /> � 33. Lonn L'harges. If the loan sceured by�his Secnri�y Insvumem is snbjec� to a law which uis maximum Inan �- <br />- :a;g:x.:;::�::�.::d::=•.L f:r.al!y In!^fFre(ed se eh�l!4r inic[!`•!nr nA�er Inan charurs cnllec�ed m m Ik mllecled in ronnectinn =- <br /> with�he loan cacead�he pcmuucd Inni�s,ihen: (n)any such loan eharge sh;dl lic rcduccd by�hc mnount neccssary to rcduee = <br /> 16e cha�ge�n�he Fcnniued IimiC cnd(b)nny sunu alrcady eollec�ed from 6ortoa�er which exeeeded pemiiued limi�s wlll be = <br />- refun�.kd m�orrower. Lendcr mnychousc to make�hi.mPond 6y redacing�he principal owcd ur.dcr thc hotc or 6y making a �� <br />� <tircce piymenl to 6orrower. If x rcfund rcJucex principel.�h;nduc�ion will Ix ireacat:..a panlal prepaymcm wiiho��any - <br /> prepnymem charge under�he�nk. �- <br />� 14. Noilces. Any nmice �n Uorrower pa�ciACd tor in�his 5ecunq� Instrumem shall be given by delivering it ur Ly <br />
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