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<br /> T '` . , . tp.t��d�9ton. Ths proceeda of arry auvard or dafm tor damagea direct or consequenttat.in connection with •` �`,:
<br /> `�'�,`;`;. .. any condemnaBort or mthsr taktng of any Part af the Prope�ty.ortor conveyance tn Ileu a't candemnation.+are heee�y+ :��'.'; ..� -. . <.
<br /> " a s s tgn e d a rt d s h a l i�p a t d t o L e n d e r. y � ` `.
<br /> t "
<br /> [n tl�e e v e n t o t e t�t Y a 1 t s t d n g a#t h�F r o p e ri y.the proceea�s sirau im a�te:tv�a�^a asau.�!�;Ylds Secs�t�; - -�
<br /> —�-- � �
<br /> Instrumerd�whether or not then due.w�th ar�/�xcess Patd to Borrower.fn t1�e�vent a f a partla)t a i d n�o f t l i e R ro p e r i y i n � �
<br /> ` '�� whiah th�fatr marbcet vaJae otthe Pro�si4y Imme�lately bebr�s the taking is equal to or greater ttian e amota�t of tha - u� .
<br /> ��-� �- sems ssctusd bY td�ta Security Irr�trumem tmmedlatery asiore the m3dng.uNess Barrower and Lender othOnMse�gree in , :' � . �.
<br /> 1 �� yurWtig,the sums sect�red by ihis S�ctufty Instrumet►t shaD i�s reduced�y th0 amarunt of the{sroceetis��b�e� �` `�`
<br /> ' ��` toAowtn�iradton:(a)the total ar+nourit oT the susns secured immedtffiety befare the tafdng,divWed bY Eb) � •
<br /> - �� - .. � va4�te of the Property immedtately bsfoie the tatdng.My[�aIan�a stiat!be patd to Borrower.in the event of a parttal ,- � A�.. . ,.�_,:
<br /> ` ' t�:.' � � ' � �Rg ef tite pcaperty tn wi�i�h the fatr m�ket value of the Pro�srry immedtate3y bafore the tatdn8 Is less than the . . - . ..
<br /> � , �..°_,�,-;' �- �,. ..
<br /> �r emour�t of ttie sums s8cured tmmedtateiy bef�th�taldn�uniess Bamower and lertder athervuiss agrea in writting ar �
<br /> '��� smless aPPffcable faw otharwlse provldes.Yhapro ceeds sl�ail be applled wthe sums secured by thts SecurIty � , :,
<br /> f -� Ins�umet►t uvhethsr or not the sums are then due. --
<br /> E .; if the Progerty ts abandoned by 8orrower,or if,aft�r nottce by L.er�derto Borrouuer tflad the condemnor offers to _n� :
<br /> ' �� � � make sn award or se�tte a dalm far damages.Bomower tails to�aspond to Lertder within 30 days a8er the date the 'w .�:_�:
<br /> :: . . natice is giv�n.Lender Is auihorized to conect and apply the proceeds,ai�s optlon.efthsr to res�torediar�or repatr of the _ _--
<br /> �` � . � � Rrap�rey or tathe sums sec�ued ify►this Securfty InswmeM.whether or noi then dua. :•�.r:.
<br /> u na�edue dats�the morttt�ity paymen�tsnafe�o tn pa��ap�hs 1 and 2�oQr c�h�ange the amourrt af�Qnd or
<br /> P�Do ,
<br /> . RaYme�s. . <
<br /> � 11.Bo�TOt��tot R�3fessed;Far6eererteo�y Lender Not a Watver. Extensfon of the�me for pay�nerrt er , _ r _
<br /> . °� modfHc�ton of amortizatian of ths sums secured 6ythis Securfty tnstntmerR�arited by E.ender ta arry successor in �
<br />:. <. .. ;-�`, � ;. =-
<br /> . ,= ,' tnierest of 9ot�ower shail nat operdte to release the ItabDfty of ths oflginal Bamower or Borrower's successors In �:���}_,
<br />,.`;�, �. � irtterest Lender shafl�ot be rectuired to commence proCeedtngs a�alnst any sua�ssor fn trRerest or retuse to extehd. _��
<br /> . ..;,`:�; . tlme for payme�ar ather+uise madify amortbation af the sums ss�ued by this Securfiy Inswmsnt by reason ot arty ��.�
<br />• �.: ". .,..,s....:-��.�: demand made by the original Borrawer or Barrowefs successo�s fi h�te�Any brbearance by Lender In exercising , �'.., _
<br /> � any dgfR er remedy sl�aff nat be a walvee ofi or pre�tt�da th0 exer�ctse of aay�ight rn remedy. - -� "�-_
<br /> . �. ' ��� •�r��; 7 I _
<br /> � . •.,; 12 Successots and Asstgnt�Bourtd;doint aed SeYeral Ltabllit�.Co-slgnera 7t1e cavenants and agreemerns of :;
<br /> , : � ` : this gecur�y instrument st�ali hin�!a�z!Benefti the succassors and a��gna of Lertder and 8orrower,sabJec't to the , ,. -, _
<br /> � . ;::.: < � � = _.
<br /> . � r p r a v l s t o n s o Tparag r a p h 1 7.B o m a w�r's c o v e n a rt t s a n d a g r e a m e n t s s l r a ll be joUri and sev��a1.M y Bo�ewer wh�
<br /> , , � • co-stgns thls S e�t�r,�4nrmeM but does not�cesute ttse�io2s:(a)(s ca�s'gnin8 thts Secudty instrument an ty to ,, ,:�
<br /> :`, '.. , . m a r o g a S e�g i a n t a n d c n m r a y t hat Barrovuers irtter�st t�the Property under the tenns of thts Securf�►I�oswmer�(b?is . -
<br /> � not personalty nbJlgated w pay the sums ses�red by thfs Seauity Insfitmerr�and(c)�grees thai L.en@er aad any at her ---- ::-
<br /> � �•� Be�rowe�cnay agree to extend.maddy�forbear or make any accommodations wtth regard to the terr�s of this Secu�l �:
<br /> � tnswmeMorthe�totev�ithoutrira�tBnrrower'sconset�t ;
<br /> . - ; , ,.t f - -
<br /> � � 9�.Loan Charges. fi the toan secu�ed by thta Securfty tns�wmerrt is subject to a Eaw.which sets maximum[oan .� . ;'.
<br />� � .� � ���'s charges.and�that taw is fln�lty inte�preted so Ur�tthe irtteres�t or other taan charges coflected or to be cofiecDed in � _ —
<br /> ' connection wfth the toan woceed the permiued(fmits,then:(a)any such tean charge shall be red�ced by the amouM � .. a
<br /> � • ne�ssary to reduce the eharge to the permitted 8mih and(r)any sums elready coltecteci ftom Borrower whtch .. �
<br /> ��• . ' � mcceeded permitted Iimits w�l be retunded to Borrowar.Lender may choose to make this refund by reducing the , . ., -��'��r
<br />_ ' principal owed under the Note or by making a direct paymern to eorrowar.lf a refund c�ucea principal,the reductton ..,_. ...:� : .'`—
<br /> - 4 ��` wUi be treated as a paNal prepaymerrt vr�hout any prepayneant c0�ge under�he Naie. . ;;-.;_. .;.
<br /> �. 1q.Nq4lces. My notl�.e to Borrower provided tor tn this Securfty InsUumertt shaii bo given by deltirering it or by '�" _--
<br /> . � . �' ma�tng�by first ctass maU u�tess appl(cabte Iaw�equirea use af anather method The notice shall ba dlreated to ths '
<br /> • '�. Prcperty Address or any other eddress 6orrawer deslgnates by notice to Lender.My notica to Lender shall be given ,
<br /> -� by ftrst ciass mail to Lender's address stated hereln or any ot3�er address Ler�der desl�es by notica to 8orrcwer.Any ::� ���
<br />:-��. '� nottce provided for tn this Securigt InstnameM shall be deemed to have been given to orrower or Lender when given .,.,_
<br /> � ����' as pravlded tn this pa►agraph. � �'`'=-
<br /> �� � ' " 18.�Goveming Lanr,Severabilityr. Thia Secu�ity tnstrumeM shaU be govemed bytederal law and tha law of the � - � -_
<br /> It
<br /> � � •.� J udsdictton tn which the Property is tocated.in the ever�that any provision or ctause of thfa Security Insi►umer�or the , .
<br /> � Note corrfiictswith a� ilcab le law.such conflict shalt nat affect ot her pro v i s i ons o 1 t h ia Secur i t y f�s t r u m e r d a r t h e N o t e ,;
<br /> ��- �`� � ufilch can be gNsn�ct�•�ithout!he cor�ItcU�g provlslon.To this end the provlsions ot this Security Instrument end the �_�, �_:
<br /> � Note are declar�J to be severabJe. '�
<br />..'y'•': . ! � '. �
<br /> �� � .: 18. BmrrawePs Copy. Bomawer shal!ba g;.�en one centonned copy ot the Note and of this�ecu r i t y Instrumon t � -° _
<br /> . � 17. Tranater o4 the Property or a Bene9tetai fnterest in Borrovrer if all or amr paR of the Propeny or any � �-�
<br /> � i�erest in it Is sotd or transterted(or if a beneflclal Ir�erest(n Bonower la soid ot transierr¢d and Borrower is not a .
<br /> '" � � � � � natura!person)without Lendet's priorwdtten conse�Lender may,at its option,requtre immediate paymer►t in tuil ot all . „ „
<br /> • � � � � sums secured by this Secutiry Insttrumern. Hotiti�.�er,this option shali not be exercised by Lender H exercise is •. ,
<br />';; ' � . • '� prohibtted by iedera��a:1 as o1 the date of this S�urity InstrumeM.
<br /> ,:;:. . .
<br /> � ' ' �. • . � � � �
<br />�. HEBRA.,�:U�SINGLE FIU'i11LY-FNMA/FNLMC UNIFORtn IN9TB�IMENT. FORM 8�89/90 �
<br /> �AG�40F8 �
<br />. � . � ISC/CMOTNE//0782/3Q28(99D)d. .
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