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<br /> . �_�"""�� � LOAI�NO. 153921fi21 �
<br /> 1G.Coctdemnatian. T4�e procesds:�f b-r�tnysre�or ciakn!ar�amages,direct or c�equefdial.{n conne�tian with
<br /> arty cortdemnatiort or att�t8klrtg a1 a�ty part t�f ihe'roQecty,or fot conveyan�e�Ileu d cArxienfrt�tion.are he�eby
<br /> 2.sslgr�d and�1 t�a pai�!to Lendes.
<br /> In tf�e everri c�4 a toc�i�k��g ot ihe Property.2ha y�cae�sh�1 be appNec!to the sums socured by tt�.�s Secu�ity .
<br /> fn..¢tru�'-►t,.w;�eth�r o�r.oi then due.w�h arr�exce�s�.k!to 9ocra�ves.In the e++ef�t�oi s p�ttial taki�g of the Pro�etty in
<br /> whi�ctti the fair marf�i vt�lt9s o��he F�perty lmsrk.�lrit�'y E��.''re ttte takkg is e�ai tu ur greeter khan the amaunt ot the
<br /> s�rr►s seciu�ct by triis Sec�rfry{��rnr�edlateiy beic.��ttt�Lafang,tmF�ss Bon�anct�er.cier othenrise agree in
<br /> w�ief�.the surres se�ea b}r:t�s secwicy�nsu��t�►adi�scfby che Rmour,e a cr,e proceeei��nufcip+iea by tr�e
<br /> idic�rtng qraa3on:(a)the to��rt�d d trie aurns secured�runac3�teiy t�eiora the taMktg,dNided bY(b)the 4air market
<br /> v�ue c�!tha Pco�erty kttmedlate�'y bef�e the ta3ti�.Arri batEnxe s�3 be p�id to Bam�.in the e�vent of a partial
<br /> tafckt�d ihe Prop�srty trt whicfi the�it marice.q vffiva ot the Propetty�nmedfatt�Fy beFor+e tha takh�g�s less than the
<br /> amount af G`ta surt��krxn�tStatety before iits taki�g,txr�ffess 8cxtarw�er atxi t,�xtet othecvvise egros In wn'ting Qr
<br /> urdess appik�ble l�vr otl�rwi*.�piv�kl�+.t�e�Ceeds sha�be a�plled to t3�e su�secUred hy thts Sect�rtry
<br /> Irtstrurner�t wtteitx�Qr not the surrts�sa Sh�n d�.
<br /> Ii tl�e Pro�}r ls sb�ar��eci by Bcxrawer,�x�,altc�r rwtk:e bY Lender to Borro�er thet tt�.�condem,nor offers to
<br /> make ar�award or sei�e s cla�n for damages,Borrovv�faRs to resporxi cn t.end�wkh'�30 days atier the date the
<br /> natfce ks gtven.I_esxl����to co�e�t and apply tlie proc�eeds.ei ks aptbn,�tt�er to restora�on or repatr ot:he
<br /> Prc�erry or to the surs�s sscuzed b�y tfi�ks SecL.vity t�st+um�t.v►t�ihe�cr rx�t then�-`e.
<br /> ur�ess�e�def ana sarrawar�agc�e in wr�ting,any a�plfcsclor,d proceeds to cxl�Cipsl sl�ail r,a e�ccena cu
<br /> P�P�ttr_dux date d the manffyr RaYmsM�rete�re�to k��Satsprapt�a Y an�2 or Change the amou�tt o!such __
<br /> PdYmants. � .
<br /> t t.gerrG�wer Nei Rcrieasecl�Fe�.+�a�ca 8y Lat��a�03 e Waiv+er. F.xiens�or��i tt�e tirr�e for payma+�i or
<br /> majEi?�at�or+o!amortt�.��of the s��ms�ec:.�ed try thts Se�.��ii�,�!nsinunet�!yrantsd by Lender to any successor fn
<br /> ;nteresi af Barmwe�r sh�nc�c o�ata ro r��ass ttxs 1'�lky�th9 o�lgE�a;Barawer a Borrow�'s successots in
<br /> interesi.l.ender st�atl not be+�x�ulr��tn��rur�enc°w'oct�dk�s a9atnst a�'�'successcr�iMerast or refuse to exter�d
<br /> e�r�tar paymsnt�r c�l►erv�a mfld�,�artxxttre333on t,i tl�s stm�secued by thls Seatb'tty Irestrurtseni by reason of a��y
<br /> damgnd made by ti�orbglr��ra++rer os�E3�rrowe�s��hte�st.My fastiearance by Lerxier In exerclsfng
<br /> any right w rerngdy st�8 not ba a w��r o€c��de tha�w vf arry�FR or remedy
<br /> t 2 Su�cea�ors a�Assb�na�ouncl;.1oin:and SeYa�s1 l..lsblillY;Co-sigt�s�. The covenanis and agreemsr�ts ot
<br /> this S�c.�rrity Ir.stnnn��t��aA b�nd g+�'�ihe�s and�igr�s of Lendet and Borrower,subjeri to ihe
<br /> prrn�is�ons o1��.,;agrepF�t T.Bo�v�s ca�+�nb ar�d egreemersts si�a.N be joir�t and�evera�.Any Borrower who
<br /> ^o-slgrts thls Sa..^ur�^;�insttu�but�s r�oi sic�u4o tt�e Note: {a)ks ca-signing tt►�S Securiry Instrument on9y to
<br /> i-nc��G�,gra�and cc�tv�y that B�ovrer's tr�te�t tn tt�Prop�Ry under tt►e terms of L*ds Securfty Ins�-��ment; (b) is
<br /> not persc,-sa�ly c�ic}�t�ti io pay Lhe sa�.ms s�c�.med by L{�Secst�tty�rsVurr�e�:arxi(cj agrees tr+.�t Lendsr and any other
<br /> Bor�r r�y ggr�s ta ext�x:.r*aodify,ior�r or malce arry accomrradations wkh regaM to the term.g cf thls Socuriry
<br /> itt�ttu.^.�rtt�4h�Note vr�t�cut 2t�at Borrc?�ve+'s cortset�.
<br /> 13.Laer.Charge�. If the loan secured by thls Securtly lnsirume�t(s sub�ect t�a la�v whfch sets maxim�tm io�n
<br /> ct�arges.and tt�at!aw Is�r�a�iiy i,�terpteted sc�tt�at the interesi ot o�tt�er loan ct�arges coliecied or tc be ccdlected in
<br /> �cs,r�r�ectia,�w�th the 10�exceed the�ed iirt�is.ther�:(a)any such ioan charge shal!be reditc�d by the acnount
<br /> r�ec.�ssar�to reduc�tt�c.f�arc�e ta iha�m�ted IMIt:and(h)arry st�ms atr�ady coflectod trom Borrcn�er wrilch
<br /> �xcecldeci Fe+7n3ttud tiYnit�wwitii be�ef�Axied sa Borra�ver.Lendar snay chaoee to make thls�eiur+d b�reducing the
<br /> �inclpal owc+�tx�drx tlte 1+1ate ar by rtm�klrrg a dtreci peyment to Bormwer.ft a reltnxi reduces principal,the reci�ctlon
<br /> �v�!t�e treated as a f��P�A�I+���ttout anY Pre�Y►�t�harge tt�sr ttro Note.
<br /> 14.NotEccc�e.. ARy n�tk.�e to 8rx�xer proti�fdesi fw�thts Security Instn�mne�t shaiJ Ge gh•en by delhrering it or by
<br /> ma�;ng lt by�rst dr�ss�ur�RSS applic�bie law requ#tas tjse oF anather��.The not�ce st�fl be dlrs:.�ted to the
<br /> Prop�rty Adcfress or ar�y�addrss�Btxrow�s desigrnates by r�otic�tc�ender.Arry noifce io t.er�de+ �hail bo glven
<br /> by first dass rr1a��o Lend�"s�d�d�rass�ieal�or atry Qtt�er sddress Leridet rlesigrtates by nutic�to Borrower.Any
<br /> r�et�;e R�ovid�d fai tn ihis Seccx�}�Ir�Yn�r�ent�b��3eert�!to have besn gNen to Borr�wer or LQnder when given
<br /> sc p►ovedeci in this paragrs�fi-
<br /> 15.Gove�'sng Lsa+,Severab'r4it3�. This Secx�,-ity lnstru�r►e+n s�ait t�grn�sned by fed�!law arxi the law of the
<br /> ju;isclictian in wfitich the Properry ks tocatesi.In tMe even!thai arry�rari�on os dause o#this Serurity lnstnimert or the
<br /> �lote conflicts witn ap{�icabte law,st�ch c�!E+�shat!rzai affeci o�t�r�co�visicns of 3hls Security!nstsurnent or thQ Note
<br /> Hrhicn ca�t�glven eff�ci�v�itr�t ihe cossfli�ing pro�sisbn.To tt�is end t3�e�rav�sbr�of th�Security lnstruinert arui the
<br /> hate are cf 'eca�4-ed to be sevesab�e.
<br /> 1�, f3c�srsw�s's Csspy. Scxro�aver s�'�ai1 be g'nwtz or�cortorsr�ed copy of the t�atg and of tfnis Seeurity�nstrument.
<br /> l7. Tranrsf�of the Pt'ogetty of��eneti�iai���ierest in nu�o�r. tt sU ar any parE of ttte Property or any
<br /> }nter�st in ii is�or tr��a�srrerJ(or�f a berse�ia!k�terasr i�S�a�n►er is soki o�tcansferred and Borrower is not a
<br /> r�aturai per�or►)withocR l.ender's prior�ar,�en canseni,Lender mray,ai its option,reguire immedhate paymet�t in fulf of a!i
<br /> su.�ns secured I��r this Secusity Irtswmp.r� Hawevar,tt�s o�On�rxit be 2xerased h�t.ender If exercise Is
<br /> pcoh3bitQd b�tederai I�w as of xhe dat�of this Sect�r�ty Instrumt�L
<br /> NE3RAS7C{1--SlhlGLE FAMIL7-G!!i�iA/FHL�C UritFORM lNSTR1IM��EgNT FORM 3028 9/90
<br /> fSC,ICMD7NE//J%�'./3�28(5-90►-L P^''8'(�Qfl�:�_�
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