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<br /> $3:
<br /> wnd�rtuj;Non or omer Wcing of any panot�ha Propcny,ortoroonveyancfl in 11cu ot condcmnaion,aru�enDy asslgqdlana —
<br /> �fieUCepalAtoLenQa. . _ . . . r
<br /> In�ha Ovrns ot a rotal�aeing of�he Fropeny.�ho piooeeM�hal) be epplled�o tho wms ecciwced�bK fhJe 8aurjty ,
<br /> Gistiumen4 whuAer or nat then dua,with aay oxas���Id lo Bortorvcr. In�ha event cf o paniat nking of tho PNp�ny tn
<br /> — � whioh�he fal►market veNo of Iho Property Immedlateiy beforo Iha ulcing 1�cqual�o orBrc amr I�m tha oriount of tM w�s
<br /> acured Dy Wa Baudty Inem.mem tmmcdlutely 6ctoro the�aking�MIC85 BOROWC(WIA Lender othcrvriap egrpA lny�Itlng:
<br /> tho suma ceeured by thls 8ecudty Luwment the116e reduccd by iha nmount ot tho proceed�mu1Uplied 6p tLa folbwing :
<br /> fraeNon: (a)the wtnl emouni ot[he sum�securcA Immcdlaeely boforo tho roBir.g.dIv14Sd by @)�he fdr make�yatueof�ho
<br /> Froptrty(mmeAiafely 6eforo Uro�eking. My balenca eliatl Do pelE to 8prtowtt. In tha event ot a pnrdal roiclng o[the
<br /> _-; Prope�[y in which the telr mulcu value ot the Property Immedlntely baforo�ho taking ia le�!then Ihe amouat ot tha mms _--. .
<br /> � cecumA immedln�ely 6eforo 15e �akIn�,uales�Bonower and Lender otheiwisa agree In wrlqng or wless epplicaMe law "
<br /> othotwito provida,�he proCCed�nha11 Le applled ro tM eum■cecured by[hla Secudry Inauument whe�her or not Ihe su9s ara
<br /> —_�__ thendua
<br /> I(the Propnry is abendoned by Bortower.or it,aftcr naica by Lcndu ro Borro�vcr[hat�ha eondemnor oNcrs eomako
<br />� —'°'° an award or aeule e clalm tor damagen,Dortower fetb to rcspond to Lender wlthfn 30 deys aRer�he diro�he notice i�y'ven,
<br /> --= Lender Ie euthodzed eo collec�a��d apply�he proccede,at fu opdon,ehher m rutoredon or rcpair of ihe Prope�ry ono the �_ —_-
<br /> —_•=_ wma securcd Ey th.is Securtty Imtmmenw whuher or not tMn due. _ . _ .
<br /> � Unlus Lendsr a�d Bortower mhenviso egrce in writing, eny�pplicatlon ot proceeds to pdneipal ahall not exuod or
<br />.:�y�� putpone tha due date otihe monNly paymenn rcferted to In paregnplis 1 end 2 or chenge the unour.t of wch paymenu
<br />-�,�,;;- 11. Rortoeer Not Releavedi ForCearence B Lender Not a Waiver. Bxremion of the Gme for paymea[ or
<br /> r modtflcedon ot emortization of the euma eecured by t�le Saudty Imtmmeat granted by Ler.der to any euccessor in Wercst
<br /> "�', of Bortower shaU not operate ro rclease�he Ilabil;ry of the odginel Borrower or Bortowerh�uecraso�a in fntercat.Lerder —
<br /> � fi edali not be rcqui:ed to commena proceedings ageinst eny�uccusor in la:ecest or rcfuao w exttnd�Ime for paymmt or __—
<br /> �vi_� mhernfu modify emonGaHoa of�he euma eeccrcd by�hls Sear(ty Inswmen[by rcason of eny demmd meCe by�ha oA31na1 -
<br /> - --� Borrower or Borzowerb mccesson in inrercst. Any torbe�rance by Lender in ezercis(ng eny dght or rcmedy shall na bo e --,---.-. --
<br /> `i', weiver of or precl�do�he exercise of eny dght or cemedy. �` -
<br /> s-' 1]. Successore end Aesigna B�and1 Jolnt and 8everol Liebllityi Co�ignen. The corenann Nd agrcemen[eot�hts —
<br /> ys,� Secudty insw:nea[shall bind and 6enefi[[he cuttasors ar.d essigm of Lender end Bortower,subjat to�he pmvi�kas of � . ,
<br /> ,y ,.� paragnph 17.^urtowerS eover.enu end agrcemenn shall 6e jolnt end several. Any Bortower who co-signs [hia Sen:rhy
<br /> i F � Inst[ument but don not execuro the ho�e: (a)Ia co-aigning this Sen:r.ty Ins�mmmt only ro mortgege.gent end eonvry�hat L , --::
<br /> BortowerS in:erest In thc Property u�der the tertns of�hia Secudry Ins�:�menC (b)is not personally obllaated ro pay the mms p,;+!;r'-=;_
<br /> � ' ceeureA by th6 Sauriry Imdumenr,end(c)ugrces thei Lender end eny other Bortower mey egree to extend,modify,fabear �F�;��T�`,-_
<br />-;;-.�;i;; or meke eny eccommoWtlom with rcgard ro�he iemis of ihis Security Instrumen[ or�he Note wi�hout that Bortoxerk -,:��;2:=r.=--
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<br /> �i .• wns 13. Lofln Chergex If�he loan secured by thi� Security Ins,r�men�ia subject to a I�w which uts me:imum loan +� '�h`-�±-
<br /> charges,md that law i:f:nally inte�rcmd so�hat�he iateren or o[her loan charges callec�al or to be rnlletted in wnntetion r�>;�:". � -"
<br /> __= with the Xian ex�ceJ thr{rnnined 6adts,ihen: (x)nny�ud�loan charge shall tr rcducrd by ihe amwnt nara:ary tc rcduce --_- ---- ._--
<br /> r�..-.� the chorge�o tAe permilled lin:t;ena(b)any cum�alrcaay collected imm tlortawer which exceeded pcmiined iinits mii bo ; _-
<br /> - ^•� nfunded�o Hortower. Lender may choose ro meke ihis rcPond by rtCucing the principal o�ved under tAe No�e or by making a _,.4g -' �3:
<br /> �t �T-' direct payment eo Bortowee If a rcfund rcducs pri�cipal.the redunion will be trea�ed ai e putinl pmpayment withoutany #'�;,'r`� M*-.- - -
<br /> -<':ii� prcpaymentchargeundertheNore. >';�s•i?:•.k-:ry>;�--=_.��rt
<br /> - -i-` 14. Notitta. Any notitt ro Bortowcr p:oridW for in thix Security trutn:ment shall bc given by delivering itar by �hr"V{�_J� -
<br /> '-� ` mailfng it by fint clua mail unlesa epplicabk Iaw rcquires use of ano�her method.The notitt shall be directed[o�he Pmpeny ,F4�b?�.FZ t�J:3ry-�:�:
<br /> ?t'�" Addresa or an o�her eddrc�e Bolrower desi mca b natice w Le:�der. An rotitt lo Lender shnll he rven b flrst cteas t; --
<br /> 5r;. Y 8� Y Y • @ Y � _
<br /> mdl to Lenderk eddrcss s�ated hercin or nny o�htr nddrcss Lender daignetes by notice to Bortowec Any notice provided for t i� -:.f� � p'
<br /> xSt 5` in �h(e Security lasuumem xM1all be dttmed �o hnve been given �o Oorrower or Lender when given es provided in�hix � ---n'"ii5�� �
<br /> z?.ic. PareBleph. Y{ ' -.{�`t Ft-"f __
<br /> �; I3. Governing Lnv; Serewblllty. This Sccurity Insuumer.�shull be govcmed by tcderel law und the lew of ehe j? +p' -. .�{, �
<br /> Judadiaion in which the Propeny is Icemed. In�he event�hat any pro.i+ion orcleuu of this&curity Inswmen[or thNote �f��,{sky�° -
<br /> i- � mnFlias wi�h applicablc law,suc6 conllic�shall no�afkct a:her prorinions ot�his Smrity I�stmment or the No�e whichcnn 7���y - ',,'a� ; '
<br /> �., be given effect withoue�he conFlicting pravision. To�hin cnd ihc povi+iom o(�hia Security Insvunent and the Nde nm �� ftr�S t��s`ei
<br /> F;;� dalnred to be v-vewbtc. �r i#..f��y f F�y�jS�`, -•
<br /> ��; 16. 6orro�rer'e Copy. Borro�vcrshnll 6e givcn u:ic mnfomicd mpy uf�he No�e and o(�his Security Instrunene. n> 4�K,+j 1 --
<br /> ' l7. 7}ans@r of the Property or n Oer.eftclal Interest in fiarmn-er. If all nr any pnn of�he Propeny or nny intcrat i n ��i u_��q�d ' _'
<br /> � '- it is sold or transferted(ar i(a beneficial imcrc}[ in[iom+x�er is mld nr tna.(ertcd anJ Burtower is not a natuml pc:wn) t-K� �� -:
<br /> ��•j,�_;� wilhoul Le�tderi prior uritren conxnl.I.ender mny.at it>uplion,rry.irc immcdiaic puymenl ia(ull o(all sums securcd by - *%�''- -
<br /> --_ lhis Securily Inswmeni. Ho�rever.�his up�ion.hall nol be emrcixvl by Lender if cxerci.e i.pmhi6i�ed by(edenl law�u of �`-- 1ls�.� y � �'
<br /> -_;i thedetcofthisSecurirylns�rumem. +ti.�f°i:i'� i -
<br /> — If I.ender exerciscs�hi+oplian,LenJcr.4a11 gi�r Bormaer nrnitt of nttrlcraunn. Thc nnuce shall pmvidc a period of ; : � �y�
<br /> ,'- t�';� not less lhan 30 days fmm[he datc�he nolirc i+Jclivcred or mailcJ��i�hin whid�Bortnurr mua�pay all•um+.ccu:ed by ih is ..,./,,. �,.,+�',{-�,,;._a
<br /> _ � Sccuriry� lnsuumenL I(Durtmrer(aJ+tu pay the+c+um.pri��r lo�hc cxpinGnn.�!d:�. pari�xl. Ler.Jer may inwke any ! 1 4 ., i�
<br /> rcmedies permi:tcd by�his Security In,uu:r.e�x�vnL•nm fi�nher nrnui ur demar.J an Bmm�ccr. i :-r-{ '
<br /> �--�- 1& Borrmrer'x R(Rlrt to Rdnsinte. If Unrtm�er n:ee�+ ccr.afn cond:t�nn.. Barto�cer�hall ha�r �he ri�h� w have �
<br /> .� _ enforcemem of�his Security Imvumen�diunmiuucd a� aay G:ne pnnr w ihc rarher nf� �.n 5 Ja�.fnr.nch nlher penod iu �
<br /> ti�npki-am�Y-F�nnie]LtlReOEk\Iapl\IFPR111\tiTNlf4\T .InA�mmtn.emm� P'90 ��,..f..p.Nr�„ I
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