M«��
<br /> � �' ',.��� �� . i ,,�
<br /> � 193-sa�►�
<br /> caidemnation or o�her t�kin�of any p�at oP�lie Propeny�ar for oonvey�noe in lieu ai���ro heneby w!{ned wd
<br /> � dWl be paid to Le�der.
<br /> � in tha avent of� taal Wcin� ot the Propeny, �hoproca ds chAll be ppplial ta �ha rumn cecurod by�his S�xurity
<br /> Inswment. whelher or nol then due.with any excc�s pai td a Bon+owor. In the cvent of p pa�iiwl�aking oP�ho H+npeny In
<br /> which ihe f+�ir mukct value of the Propeny immrdiately befar the takin�is oqual to or�►eater�han Ihe omoum af tho rwms
<br /> securad by �hi:Socurity Inwrumenl immaliotely befae�he alcing.unleRS Bormwor end Lender aherwi�;e a�rca in writing,
<br /> ' the sume secured by�hix Securiry Int�rumcnt ohall he rcA�iGed hy thc nm�wnt of Ihc Em�ceeds muldplicd by ihe f�+llnwing
<br /> � f�ction: (a)ihe�owl�maunt af�he sums secu�I lmmodiAtely hePore the�wlcing.divf�kd by Ib)the fwir murlcet vaiue of�he
<br /> 'F � Ptoperty Immedfatciy befae�ho wking. My balwicc xhall be paid tn Borrowcr. In the event.of u pwtiul wking of ihc
<br /> � l'�aperty in which Ihe fuir awrkc�value of Ihc Propeny immcdfutcly bcforc�taking is less than�he umaunt uf�he sumx
<br /> � secu�ed immediwtely before the uking, unleas Bamwcr a�d l.ender dhenvl.r•e agrce in w►idng or unlexs appNcablc law
<br /> otherwise provides.lhe proceeds shall be upplied to the sums r�ecurcd by this Security Inawment whe�her or nd the sums ue
<br /> ! then d�rc.
<br /> If the Pioperty fa ubandoned by Bornower.or if,ufter notice by Lender to Borrower tlwt the candemnar offer:s to mnke
<br /> on award or 6ettle a clviro for damoges,Borrower fuils to rcspond to Lender wi�hin 30 dayK olter�he da�a�he nntice is giveo,
<br /> Lcnder is aulhorized to sollect and apply Ihe p�oceeds,at i�s ohtion,ei�her�o restora�ian or re�wir of�he Propeny or�o�he
<br /> " , sums secured by this Securlty Instrument.whether or not than duc.
<br /> 4�� ����� I Uakss L.ender end BcKmwer othervvfse ugrce in wriling.any applicAtion of pmceedx tn principul yhnll not eatand�or
<br /> , ";� , .. ; ?:•, postpone thc due date of the monthly puymen�rcierned to in pnragrnphR 1 and?or chunge the omount af such paymenu;.
<br /> °�•�-'�• 1l, Borrower Not Released; Forbearance By Lender Not p Wal�er. Ex�ensiun of' the time for ps�yment cx
<br /> liy i
<br /> �:�1��'; i �� � modification of amortiza�ian af the suma sccured by Ihia Security Instn�meat gronted by l.ender to any auccesror in inlerex�
<br /> ;�r;.�r�l t�:.,°`� of Borrower shall not opernte to release the liability of the originAl Borrower or Homower's succeswn in intere�t. Le�der
<br /> �ti„••• • �: ::;��, ' shall not be required to commence proceedingx agsunst any xuccehsor m mteres�or refu+e to ex[end time for puymenl or
<br /> a�,,,.�.
<br /> ' '. ��.•.,s;�cs• ; . othcrwise modify amortization of'the sums secured by this Securiry Instnimcm by reaxon of any demund made by thc originol
<br /> �;'�^„ �xr:�;;;. ,,,�,. . Borrower or Borcower�successor�in interest. Any fi�rbeurance by L.e�der in exercising uny righ�ar remedy tiiwll ncu be u
<br /> ;�`� ,., ''+��,'f.;�;.�� waiver of or prcclude the exercise of any right or remedy.
<br /> ., �:.�_�;�,`-;r''.,�.`ti,�s !2 Successors a�d Assigns Bound:Joinl and Severs�l Li�bfllty;Casigaers. The cavenoms und ugn�men�s of�hiti
<br /> �,,, .,r! ;t":;;;'i;r:���_���•_; Security l�s�n�ment ShAll bind and 6enefit Iha succetison u�d aesigns af l.ende�und Borrow•er,xubject to Ihe provixions oF
<br /> �. �'� .'��;,;��_��,}�tf�,.�,�; pnragraph 17. Barrower's covenunts nnd ugrcemems shull be jaint ond several. Any Bomow•e�who co-,ignx thix Security
<br /> '.,��° . . •• • „��r�"':�;;il{a[. Insctniment but dces not ezecute thc Nota: (u)is co-signing Ihiec Securily Inxtrument only to mongoge,grrnt wid comey ths�1
<br /> ;.��:• '�'�.t� �.;�`,;+;•° :` Bomnwerk interext in the Property under the ternir of thix Security Inrtrumenr, (b�ix no�penanully obli�uted to puy�hc sums
<br /> ` '� ��X;�,.r.:':',',;:�'�,�,` secured by this Security Inxwmrm;und(r>ngreex that Lender and any other Bormwer muy agrce lo ex[end,modify,forbecu
<br /> 7 � .-
<br /> ,'��'tf.'°��,°����••!�•;��'�� or make any acrnmmodationx with regurd to Ihe•temtx uf this Security Intilrument or Ihe NWe wilhcwt thal Borrowerk
<br /> :r -,.r.,
<br /> ca�ent.
<br /> �'^ kr '"''-..��;�,���`; 13. Loan Charg�.w. If�he loun xecurcd hy �hin Security Instrument is suMject to •r law which u��s maximum loan
<br /> '�� "- � '`. �?��r•'�'��• chnrRes,und tha�law i+finully interprcted�o�hu�tha im�retit or aher loun churgen coUerted�x to Ix rollecled in cannertion
<br /> '� '"'.`•"�'�''�'' ' wilh the laan exceed Ihe permitted limitr,�hen: la►nny tiuch loan churgr yhull he rcducrd by�he amount necetiwry to reduce
<br /> r';�r�t '�•
<br /> ' . ::'•t�' ;�,'.>F�t�'''��,•�'-�' the churge to�he permi�ted limi�;and(bl uny sumn ulrcady collected from Bom�wrr which excecded pennitted limit.will be
<br /> �(�, ,,...;"
<br /> yr t�'��,• .:i... �' refunded to Borrower. l.ende�muy chcase tu mukr�hiK refund hy reJucin�t�he prinripul owed under the Notr ur by mukinE s�
<br /> �� � ��;ik�i'f� . ..
<br /> � � direct payment lo Borrc�wer. If a rrfund r�duces principul,the reduclion will Ix tmnt�J a�u panial prepuymenl wilhnut smp
<br /> .�r,�.': �. ..;... ,.-,',i;it��. (.
<br /> �•.., .. .• �„., pr�epaymer+t churge umler thc Note.
<br /> ; =c;<.• � 1�����,�i4 IA, Notkcg. Any nolice to Borrowcr proviJed for in Ihi.r Seruri�y In,trumcnt �hull t+e given hy delivering it or by
<br /> . . moiling it by fint clus.mail unlcx.uppliruMr law reyuirc,use of:xio�hcr mrth�xi.Tha notire xhall he dirccicd to the Propeny
<br /> � , Address or any other addrexti Bormwer de.ignul��hy notire ta l.enJcr. Any notire ti►4ender shull 1►e givea by �nt clas,
<br /> , �° .. ° , °,� mail to Lender z addrc+�stu�ed herein or uny cahur add�,.Lendcr dr.ignutr.by no�irc to Borrower. Any notice provided I'or
<br /> ;� , "'s in �his Securiry In,irumcm xhall hc JcrmeJ �o hnvc bc�en �:iven to Borrourr or l.rn�kr u•hen given as pnwided in thi.
<br /> : .�,��, . ., parapraph.
<br /> � 15. Guverning l.aw; Severnbilfly. Tbi� Srcurity Instrument rhull Ix ��wernrd h}• feder�l law� urni Ihc luw iif the
<br /> �i��'.. . , ..-
<br /> ,� jurixdicdan in which the Pmprny i�IixateJ. In Ihe event Ihat uny pmvixinn or cluu�c of thi.Serurity Imtrumcm or Ihc Notr
<br /> 'r �� '�+ef�t'''1�!ri'"'t .� ConfliClx wilh appliCable luw,,uch conflict.hull n�n aff'crt uth�r pmvitii�m���f 1hi.Scruriiy Instrumrm or thc Notr which can •Y`:'�".:''
<br /> � . ��`'n � � � �� be given effect witM�ut�he ronllic�ing pruvi.i�m. Ti�this rnd Ux pmvi�ions nf thi. Srcuriw Imtrument nnd Ihe Note ure •"
<br /> •'•}r� .. � L ..�+'7.;:''J^�,•��- declared to t�e severablr. b�
<br /> ..11.'•� h..�. . ��..
<br /> ,:;�. � r�`�; ' 16. Horrower's Copy. Borr�,wcr.hull hc�iv�n unc r��nfnrmcd rupy ut'�hr Nutr•rnd of thi.Serurit�•In.trumenl.
<br /> '! • � "�',;;`� 1?. 7lransfer of thc Property or a Benefirial Intcrest in I{arrower. If a!I or any pan of thc Pmprrly or;�ny intcre,i in
<br /> �;z. '.� ,,.'`f it is rald or trnnst'emJ I�rr il'v txnc�rial inlcrc.t in Rurn�u•cr i�.�►W��r�ran,lcmd:md B��ROU•cr i.not•r nawr•rl prr.on►
<br /> . ''�,.. 'v�';.i`- wilhout l.ender+p�ar wrincn comrnt.LrnJcr muy,ut it.�►ptiun,rcyuirc immedisne puymin�in 1'ull of all�;um.�crur�J by
<br /> ,;�•' • „ thi�Security Inslrumcnt. H��wevcr,lhis oplion shull no�hc excrci+ed hy l.endrr il'exrrci�c i.pn�hibitrd by federul law o,ol'
<br /> ti:.� .� the dute of this Scrurity Imuvmrm.
<br /> ,,w'�w=�- fl.. If Lender exeniux thi.option.LenJcr.hull givr B�,rruu•er nntire ul'accrl�ra�iun. Thr notice+hall pm��ide.��xriocl nt'
<br /> .�y : ,�` .. .. , not letis than ifl duy.fn�m�hr da�c�hr nutirr i�drlivcnJ ur mailcd within w•hirh Rurcua•rr mu,t par ull.um.,rcurrd hr�hi.
<br /> '�� ,� '° .. Securiry Intitrumenl. If Borrowrr t'ailti lu pay the.e ,unn prior a► thc c�pir:niun ul' Ihiti �xri�xl. Lrnclrr may invuke un�• : ;
<br /> �� , ., remedie�penni�led hy thi.Sccurity bt.trumenl a•ilhout funhrr n�qice or demund u�i Bnrru��•rr.
<br /> ���' IS. Borrower's Ri�qht tu Iteinslvlr. If Horru«•cr mert.rrnain cunditi��n.. B�ttmwcr .hall harc �hc right lu havc •
<br /> k fi, . 1� ' enforcement of'thix Securily In.trumem di.runlinucd at um tinm priur w�hr curh�r��t': �:u S J:i�.1„r,urh uihrr peri�xi a• ,^
<br /> '���'' �: �r•:�;•� SmEk Famll}-•Mannk�1nNhYeddk�lac l�IFIIR�f 1\S'1'Rl SIE\'f..l'nd�mo c���.nrnt. 4i4D ��mpr J,/n�,.r¢r.� .
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