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93106965
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Last modified
3/9/2012 5:20:33 AM
Creation date
10/21/2005 12:26:05 AM
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93106965
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'93�Of.9�i r,; : <br /> „ <br /> �: ' . . � '� .;� <br /> �i condemnaUon or,aher tMcing of.uiy�{tj�t of�he Propeny,a for convoyanco In Ileu of eonAamnaiion,ua hercby W ignr.d uxl::.,, ' . . , <br /> , tlwl)Do p�d lo LeMka�:. . : <br /> Tn ihe oYenl�of�A:Intal��qidnQ; {��h(t•P�ope. y,tM proceeda ehall 6e applkd to iho sums sscurcd by thb�5e�u�l�y <br /> ' Instmmtm,whcthet ocqw�htn,duo W)IhIF.S1}t 0xl39 pald io Bortowee In ttm evrnt of a panicl taktng of Ihe Propeny In <br /> which�ta falr.mP�ket.v�hia ot,�M Prn{�tly.imf�intely beforo tiro nking.q equ01 to argrea:er ihnn Ihp amouN o(�fa auma , <br /> ucurcd by.iAis Socudly InsliumenLimmeslitd6�y.4otn�a�he�nking,unlnN Borcowa�nd Lender oiharwise igrea in wdqng, <br /> tlw suma securcd by_�lilp Sccur(�y insAnlmcFlLsnR��bo rcAuced 6y tho amaunR of tho proceeAM1 multlplied by the tollowin� <br /> tnctlon: (a)�hp mtal,�mpunbot�hp sum4 socui�d immedlmoly beforo�he taktnB�d���dod by @)�he fdr mukcl valna of�he <br /> . ,_ Propeny Immedlatcly�betoro tho tnking.� My�bilanco shdl 6o paid to Dortowcr. In iho cvent of a pmtiei�nktng of the �,�_��� <br /> Propenp In.whicfi4ha fnlr mukn vqlua.of�t1lR.PtupMy Gnmedlately bolorc�ho.�efcing is lcss�hm�ha amountof iha sums . — <br /> sewrcd immedixroly befuro�ho tnklnE,;pNr�s Bnnower ond Lender oihernise agrce In wriqng ot unlos3 nppllcabip I�w <br /> otlkrwlse proviAw.4ho prnccede ahtll be eppliM.to�ho surtu securcd by ihte Secudty Ina�Nment whe�heror nnt iho sums ero <br /> -- thendue. °°— <br /> � If�Ihe Prn�xrcy is eMndoned hy Bartnxer„or if,niter notico by Lender�o Bortowenhnt�ho conAemnnr of[era ro mnko <br /> e��award or settlp e clnim for damr,�cs,purtnwer fails m rapond ro Lender withln 30 days n(ter�ho dam tho nntiee B piven, <br /> _ Lender Is euthorixod ta collce�and npplp_thp proceeds,at iu opUon,ohF.er to restorailon or roppir of tM1e NopCny ot to�he _ <br /> � sumssecuredbyihls5ecuri�ydnstmmcnL:WhFUierornonhenduo. <br /> Untess 4enAcr unA Bonmver othrnv)sa.qgrce In wdMg,eny eppliaetion of proceeda to pdncipnl shp11 nnt extend or — <br /> postpono tho duo detn of tha r.tonthly ppyrqnnif rofcrred to In pnragrophu 1 and 2 or chnnpo tho amount of euoh paymente. <br /> Il. Borroner Not�Rcica�ed�.Borbmtance By Lende� Not a Rblvcr. Exiens(on of U�o timo for paymant or <br /> modiflcatlon of emnrtitatlan af tha sums sccured by tlils Secudty Insuvment gramed by Lender a nny successor In intercst i=.__ <br /> of Bonower s6all nat opento�o mlceso ttia linbilf�y of tEe original Dortower or Bortower§succeuon in intemst.Lendor <br /> shsil not be Rx�,uind to.comm¢nce p{nce:dln�s ag�(nx�eny succeasor in interest or mfus:to cxtend�ime for prymont or <br /> — othatwise mD3ify amnnl7ation of iAo sums�:vred 6y thls Sccudt9 insbvm:nt by rcason of uny demand Rade by the originnl - <br /> 6ortowcr or Aortqwer e succCSSbca�u,imcrat. Any(orbcaranw by Lender in exercising eny dght or remedy s6a11 not 6o e <br /> waiveroforprcclnAothocxe�ciseafc:.�j�rigMorrcmedy. <br /> 12. Saccessore and A.ts"�ns Bannd;Jofnt end Sererol Lfo61111y�Co•signero. 7'hc covenants n�id egrcemente of this - <br /> Secudry Instmmem shall binA and 6enntit tho successon end essigns of Lender nnd Bortower,subject Ip ihe provisione of <br /> paregmph 17rportowenc�ovenamp nnd agreemenis shall be Jolnt and severaL Any Borcower who co•signs�h(s Securiry <br /> Instmmem but daes nai oxecmo the Nma: (a)is co-signing this Secudty Insimmem onty to mongxge,grent nnd rnnvey that <br /> Borrox•er§imon:s�in tho Ropeny unAeaq�o tertns of�his Securiry Inswment; (b)Isnot parsonnlly obliga�ed�o pay iho sums <br /> securcA by this Securi�y Insuument;m�d�(n)egrcc�that Lender end eny oiher Qortower may nsree to exrend,modify,forbear <br /> or mako any eccommodntlons wiih mgnnt m �ho tertna of�hts Securiry Instrvment or �ho Note wi�hout thnt Botto�ver§ <br /> consent. <br /> W. Lann Chnrges. If 1he laan sc�ured by lhis Secud�y Insnvment is nubject to a lew whieh sas mnximum ban <br /> charges,anA tLat Imv fs flnnlly imommmd eo thet the interest or oilur losn chargoa collected or to be crollec�ed In connecUon <br /> -- ° wim mo Ioan exceed iLo pranner.d Lmnn,men: (a)any sucn loan charge shail bo rcduce4 by lho emoun[neeessary to reduco - -- �`- � -� � <br /> lho charge ta Ihe permfllr.d Iimi4bnA�(b)any sums alrcndy collected from Dortower whicM1 exceeded permhted limits wfll bo <br /> mfunded lo DomOper. Lendcr msry chaose to mnke ihis rcPond by reducing the principal owed undcr lh¢Nolo or Cy makinp o <br /> direc�paymco[ro 8amwor. If a mfimdrcduces principal,�ho reduedon will be«eated us e pnnial pcep�ymcnt withont uny <br /> — prcpnymenl chs�gc unAur�ha Notu. <br /> = 14. Nn�iess. Any nmice tn Onnnwcr ptovided Por fn thfs Securiry Instn�ment shall bo given 6y delivedng it or by ----- <br /> -�--�-- malling It by fi�t Nnu nteil unlr.ss appticnble law rcquires use of anoihur me�had.77w no�ice ahnll ba dimc�ed lo Ihe Property ------ <br /> ----— Addrcse or any o�her nddmss Dmm�w,r designntes by notitt to LenAur. Any nolicc to Lender shall bo given by firs�cinxs —"�- <br /> -_ <br />
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