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<br /> . . . LOAN NO. t -
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<br /> � 10.CortQemnatian.The proceeds of any award or daIm for dama8es.dUect or�consea�uer�tal.tn connectton with � •:.L�,',� :,:
<br /> .. any condemnffiton or esthar taking of any pait a�f the Property,or for corneyance in lisu of condemrration.are he�eby : . .
<br /> . � asst�ed and shall be pa(d ta Lender. ` `s. } ¢ .
<br /> t ` S(1'd$�29��it ut uttt yiirira fivCliir"3��ji ti ii��i.tiiiinjt �
<br /> 'bs' I O U 1 8 B Y B i I[0 1 8 t G t 8 1 i 8 W(I g A T i i[8 i�f 0�1 8 R j/.�19�T O C�2� �
<br /> ��;_� Instrumer�t.whethet or not then due,with arry excess paid to Bomawer.ln t he evern a�a pa r t i a!t a t c ing o f t h e P r o p e r t y i n ';. .,�
<br /> - � which the fair mau'lcet value af the Properiy immediately be4ore the taking is equat to or greater than the amount of the . F
<br /> .. � sums secured by tNs Sec�ty inshumgcrt imm 2 d i a t e t y b e t ore t he t a S d n g,u n t e s s B o m�w e r a n d l e n d e r a t h e t w t s e a 8�ea tn - �,Y_ _
<br /> � � wriYng,the sums secured 6ythts Sectuft�►Instrumerit shall be reduced ay the amou�t af the proceetls multipf[ed by the .:+ ` �.��, �.:
<br /> � foQowing fractIan:(a)the total amowtit of the sums secured(mmediately before the taid�tg.divldesf bY(b)the fair market
<br /> , _. ,s �.'��- , o•�� .;�
<br /> • val�te of tfie Property immedlatety beiore the taidng.My balance shall be patd to Bomower.ln the everR of a�arttal .f_ .
<br /> . A �_ , _ taMng of ffie P�eriy(n which the fa[r rnarlcet watue of ths Prope�ty fmmediatety hefore ihe taldng ts tess than tha -- _
<br /> '� amourtt of the sums secured tmmediateSy before the taMng,uNess Borrower and Lender atharwise agree in writing or '. s ,�_ -==-
<br /> .�,P urt�ess appiic8bte law othsn�vise provtdes,tTte proceeds shall be appiied to the sums secured by this Security _ _
<br /> InstnimertE whether or not the sums ara then dua , � - :
<br /> l f t h e F ro p e c ty i s a b a n d o n e d b y B o r r a w e r.o r ff,a ft e r n o t f c e b y l e nder to Barrawer that the condemrtor offers to ;. � �'-
<br /> ma[cg an award or seitle a claim for damagas.Botrower fa�s to respond to Lender withtn 30 days after t he date t he .'
<br /> r. rtoitce ts given,L,ender is authorized to collect and appsy the proceeds,at its aAUnn,esther to restoratton or repair of the � :
<br /> �`,--� .� , `` Property orta the sums secured by 4his Securiry Insuume�vfieiher or noi then du�. � �' „� _
<br /> � c�� �� f U r d e s s�e n c i e t a n d B o m o w e r a t h e r w i s e a g r e e i n w r f d n g,a n y a p pl[caiton af proceeds to princTpal shall noi extend or � 4 'S�
<br /> ` ` �" hs 1 and 2 or changs the amour►t o f suc h •
<br />- �oosipone the due date of tha mot�Y paymeMs referred to in p�ragrap ..
<br /> .:..... .....:.:..:.,�k. ���` _ _ _
<br /> -�--- --=-- t1.Borra�rer M�t Reiease�;Fo�earence By Lender Noi e Waiver. Extenston of the time for payment ar - ; ---
<br /> � - modiflca�lon of amorti�on of the s�nns secured 6y this Secudty Instrumer�t granted by Lender to a�y s�cccessor tn �• .. . -
<br /> -� � ` mterest of Borrawer shafl rtot aperate to release the Itabiltry of the orfgtn�Borrawer or Borrawer's succ�rs In �`s��� � -
<br /> ';� �`� intetest Lender shali not be requirQd to corrtmence proceedings against any successor in tr�terest or refa�se to e�aend _ .�.
<br /> time tor payment or otherwtse mediiy amort�tion of the sums secured by this Security Instrument by reason of any Z-�=�,
<br /> ' - - demand made by the odgtnal B�rrower ar Bor�ower's successo:s ia interest.My torbearance by Lender in exerclsing � ��v.
<br /> arry dght or remedy shai!not be a waiver of or preclude the exercise of arry r1gM or remedy. �- ,�
<br /> '' �` �• � 12.Saccessors a��signs Bound;JolM and Several Uabi!�ty,�Co-stgners. The covenants ae�d agreements o f ,'; : °-�=..
<br /> ; �.r;`., �
<br /> . this Secur�y tnstrumem s�all Wnsi and beneflt the successors and assigns of�ender and Borrower.subject to the "�_�� �. ..9==-�:
<br /> i..
<br /> ; � {:.±°, provtsions��Sara�aAh 1T.Borrrntias's c.rovenarRS and agreem�r3s shall be jo1M and seve�ai.My Borrower who r i` —
<br /> .,�r;_=: • co-signs tti:�Securtry Instrumetn bt�t c+t�es noi execute the IV�:Ea)is co-stgning this Sec�ty Inst�umeM oniy to � .!
<br /> �.�� mortgage.grartt and comey that Bo�avver's iriterest in the Pr�p�tSl under the terms pf this SECUMy Instrument;(b)is
<br /> � � �� � "'`` nat personally obligated to pay the sums secured @�y�is Security Instrumerit;and(c)agrees that Lenda;and any other _.. "�-�°;:
<br /> ` � Borrower ma y a g ree to�ctend.modiiy.forbear ds cr�ce ar►y e�commodations with regard to the tesans c�this Securiry �.t� �__��
<br /> � �:,�,,' InstrumeM or the Note wItttout that Borrower's coireM. , " . _-�-� -
<br /> , ,:�.: � �-
<br /> t:���,� 13.Loan Charges. If the coan secured by this Secur�y instrument is subject to a faw which sets rtrauimum loan ,�' � _
<br /> '�"���� ch8rges,and that law is finalfy irRerpreted so that tha iMerest or other loan charges coltected ar to be coflected in ; "°"
<br /> , -�z�-
<br /> ` � • conne�tlon wlth the ban exceed the permitted limits,then:(a)any sucfi loan charge sha11 be reduced by the amount e,r,. , ;,�-=.
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<br /> �I`��` �� � ne�s�ry to reduce the charge to the perrnftted Iim�;and(b)arry sums atready colleoted iram Borrower whtch ��...�� " �:.x'�'�+.
<br />� � �. ' exceeded permitted limits will be refunded to Borrower.Lender may choose to make ihls retund by reducing the ;-.•-.--. -;��
<br /> ; ,. �`�: principal owed under tfie Note or by making a dire�t paymeat to Borrower.It a refund reduces principal.the reduction ���w�:���- -_
<br /> wili be treated as a partlal prepaymern without any prepaymerti charge unster the Note. � �'� -t�'`
<br /> f.-�:--
<br /> � . �- 14.Hatice�.My notice to Boaower provlded tor tn this Secarity Instrument shall be given by delivedng it or�.�r'- � � �
<br /> ., ��-_
<br /> ; . � mailing ft by fl�st class matl untess appltcable law�equlres use of another,method.The nottce shall be dlrected to the , ____
<br /> � ' Property Address or any other address Borrawer designates by notice to Ler�zr.Ar�►nottce to LendoF�l�all be given ���:�_
<br /> .� by flrst dass maA to londer's sddress stated herein or any other address 3.ender des.gnates by rtotice to Borrower.My ` ��.•' �r-:
<br /> . � notice pravided tor In lhis Security Instr�umerR shalt be deemed to have been aiven to BoROwer or Lendec when given
<br /> . ' as provided in tb�is paragraph. . � -
<br /> �� � 1S.Gaveming La�v;Severebiitty. This Security InstrumeM shaii be govemed by federal law and the taw of the ". .�; .
<br /> : " �� ' Iurisdictlon in whtch the l�arbperty Is located.In the eveM that any roviston or dause a�f thls Security Instrumerrt or the i_ . �
<br /> Note cordficts with appSicabte taw.such corrfitct shall not aftect�er pravistons of this Security tnstrumer�or tha Nate _
<br /> • • . which can be given etfect without the conflicting proviston.To thts end the pmvtsions of tPr's Security Inswmerrt and the . �;:;.'.,,,.,
<br /> Note are d��ared to be severabte. '"
<br /> � � � � 18. Borrower's Co�Y• Barrower shall be given one conformed copy of tha Note and of thls Security tnswmerrt. �� ' � �
<br /> ��� � 17. Transter o!tP�o 8rroperty or a Beneflcla!tnteresi in�orrower. If all or any part of the Prope�ay or any . .
<br /> �' � � � � (nterest in It is sold crtra�sterred(or if a beneflcial irrterest in BoROwer Is sold or t�ansterred and Borrower is not a • .
<br /> � natural person)wftho�t I.ender's prtorvurftten consem,Lender may,at its oplion.require tmmediate payment tn full of all : �
<br /> sums secured i�y this Securiry Inswment Hawevar.this option shall noi be exerc�sed by Lender if exercise is , .
<br /> . • _ . � prohibited by federal law as of the date of this Security instrumer�t. � . . ,
<br /> • .�
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