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<br /> .sanAemnation ot uther trsttcing af any put af the Propecty.or for ca��cyance in iieu of condemaation,�hem6y assi�cd xttd " .
<br /> = shall be paid to Lettd'e�., �
<br /> - tn the event of a tnta!Iaking of the Fmpeny. the pmceeds sha!! tk appfie3 to the sums secuc+ed Dy this Sescurity
<br /> - Instrucnciit.�hetiicr or nat elien due,with aury eacess paid ta 8orrawc�r. In the event of a partia!taking of the PropeRy io
<br /> - wi��ch the f�is��et�afue Qf the Prvpc.rty immediatetv bef��e the taking is equal to or gmater than the amount of the sums
<br /> seceued by thisSe�curity tnstru�at iuunediately befare the takiag,unless Borm+�e�and Lender othenvise agree in writeng.
<br /> -- - ---- � the snsns sec�red�}:this Security Instrumeat shail be reduced by the amount of th�proc�eeds mu[tiplied by the foliowing
<br /> = frxtion: ta!the tat�3 atnount af the sums secared immodiatety before the talcing.divided by tb)ihe fair market valuz of the
<br /> property immediately Ix:forc.ihe taki»g. Any bataace shatl be paid to Botrower. In the event of a pc+Riai taking of the
<br /> -- - Pipperty in which the fair market vatue of the Pmpen}immeGiatety befor�the taking is tes.s than the amount of the sums
<br /> secured immediately befare the taicing.unless Somawer and Lendec otlterwise agree in writing or unfess applicable law
<br /> �� - otherwise provides.the ptaveeds.sha111�c appiied to the sums secured by this Security tnsuut�tent whether or ttnt ttte sums aie
<br /> - tt!.�due.
<br /> � If the Property is abandoned by Bocrowet.or.if,after notice by l.ertder to Borrou�er that the condemnor offers to make
<br /> -- an award or�eute a ctaim for dama�es.Bo�s�awer fai[�4 to respnnd�o Lende�cvithin 3U da}s after the date the rmtice is given. -
<br /> Lendes is auiharized to collect and apply the pr�nceeds,at its option,either to restoratian.or mpair of the Prnperty or to the
<br /> '�` surns secured by this Socurity Iastnuner�t,whether or nnt�heu du�.
<br /> . � Unless Lender and Borrower othenvise a�e in writing.any applicaition of praceeds to principal shall not eatend oi
<br /> �` postpaae the due date of,the monthfy payments refersed to uf paragraphs t and 2 or change the amount of sucb paymen�s..
<br /> ' 12. Borrow� Not Rekased; Facbearince By Lender Not a Wsticer. Eatension af th� time for payment or
<br /> ��; modificatioa af ampttizatian of the sums se�urrd by this Security Instnftnent gcanted by Lertder to any successor in interest _
<br /> vf Bormwer sfiafl not aperate to retease the liability of the ariginal Barrower or Borrqwer's successors in interest.l..ender
<br /> � shal!not be t-equired to commence proceedings against any successor in interest or�efuse to extertd tir»e for payment or
<br /> ,'t otherwise modify amonizatiat of tfle susns secured by this Security Instrument by reason of any demand made by the original _ _
<br /> Bomnwer or Bmrower's saccessois in interesi. Any forbearance 6y Lender in eaerrising any right or remedy shall not be a
<br /> waiver of or preclude the execeise of any rigbt or remedy. -_ ---
<br /> ••'.! 12.'Saccessors�nd Assigns Bound;Jai�t and Several Lia6ility;Ca-sig,uers�::�he covenanu and agreecnents of this :�;7;_
<br /> � ` ��'�,. Security Instsument shall bind and benefit the successors and assigns of�1'er:����;r�rower,su6ject to the provisions of , . �
<br /> wer's caveaants and ments shali be' im and�5:�7�'st:A.",j�-�'orrower who casigns tbis Seeutity . . . .i:�s?��-
<br /> .;,t'�" : P�agraPh 17.Borro . � l� ,��- L
<br /> ;_ Instrument but does not execute the Note: (a)is co-signing thic Securir�:Lt��:��tent only to mortgage,grant aP.d convey that �«�E�,� -
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<br /> �'�;:�;:' - Borrowet's int�etes7 in the Ptoperty under the terms of this Security Instr..:.�~�a^: (b)is nat personally obligated to pay the sums :; ,t,sk:fr� =.
<br /> ,,,,,.-:
<br /> �-,�;.��� secuced by tbi;S�:sity InstrumenG and(c)age�s that[.ender and any cr!�.:,r Borrower may agree to extend.modify,forb�►r �::•::�� . � ;;,���:
<br /> '�..:.
<br /> or make any.atc�'•r.imodations with regard te the terms of ihis Security Instrumenr or the Note without that Borrower's• ;:_,,�,i.3�r; :
<br /> CLYG3e11T. � : ; �. . _ � , :i�.E;-----
<br /> � 13. Loan Chaeges. :.t:.',e[oan secr.:ed Ay ti�:s 5:�.�^ity lnstrument is tiubject i� a law whfch sets maximum toan �` ; c�,;:`
<br /> ,� ..�. e�ges.t+nd that law is fina.is?�interpreted s��::,th�.ia:e�s-�or other toan chazges cc��W�ted or to be collected in connection �� «+;._�
<br /> '• . with the taan eaceed the pemtitted limit4..rh�,"a)any'suc6 toan charge shall be redu::�by the amaunt necessary to rednce �:;,�:_
<br /> • >'�'�"�, ° the charge to the pemritted limi�:and(b)a.�.�c.::�s already collected from Borrawer wt;ic�exceeded germiaed limiu will be �r :- ��;
<br /> • -,�'; "� �'� refunded to Bofrower. Lenc!�z�nay chasse z��ake this refund by reducing the principa�e�wed under t[ie Note or by making a -r.:,•;;. ; ,= �.:�;��
<br /> ;?��'��:,�.' � direct paymeni to Borrower �*'a refpnd reduces principa'.,�Ete reduction will be tre�s�as a panial prepayment withaut any ==.�y�����
<br /> �' `' ' prepayment charge unde�t�z:�:ote. '��
<br /> -;: � -,__------
<br /> S�� ',.�.',',,;�..�-.. 14. Notices. .Any.notice to 8orrowec pravided for in this Security (nstrume:�¢��iall be given by delivering ii or by -��—
<br /> �'"•C� mailing it by fin�cSatis mail untess applicable law reyuirer use of another method.The natice shali he directed ro the Prapeny �:.t;,:': � _
<br /> + �. -'::��� Address or any�oih:r address Bnrrawer devisnater by notice to Lender. :ia}�noiice to Lender shaU be given by first class � �'�--
<br /> ' "-�''- � mail to t.ertderz addre�s stat�t h.rein or nny other addre�+l.ender designates by norice to Borrower. Any notice pravided for ��`
<br />� `�,;�1�.;:�;�r�, : ' in this:Security(nstrument s�.�"}6e deemed w have been given w Buaower or�.ender when given as prwrdc� in this �..: , _:�-
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<br /> � �`�"'" � 15. Governin Law; 5e��rabDi This.Securit Instrumeot tih.�ll be oseca�e�b federal law and the�.sa�of the -'.�'"�' � ,. ""`-
<br />' �•_��.� " � �3= y , � Y ' r,, � :-
<br /> "'°�`•"s � � • - jurisdiction in which the Propersy is tacateci. tn the event that any pr��vi.•.ic�n ar elau:e�f this Securit}•Instniment or the Note • . . .1�';- __
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<br /> ' ;�.;';t;' '" `:'" '.�_':' � ,� confliets with applicable law.such conflic���'�a�l not affect ather pravi�ic,:w of tbiti 5ecurity lastrum�y ar the Nate which can _, : �• �':+�;�'=
<br /> `�%.,�°,:.:'� be given effect without the os:��]icting p:��c;.sian. To this end the prci;ticnis of�h:t S�curity Insuument and the Note are � � � `='Lr'
<br /> �,;;_: � `'�,: ':k. .. '.;.'�; . • � �`'"���`-
<br /> declared ta be yeverabte. � ��� �
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<br /> - - 16. Bormwer's(;ope�. fysrower shall be givcn one rnnfi�rmcd copy ni'the l�c;::.;:�.7d of this Serurity Instrument. �'A�;�".� �• �.*�;�� '=
<br /> � ';�• � ` 17. 71�ansfer of the�`a•r,prrty ar a Bene�idal lnterest in Barrower. li ull or ar.y pan of thc PropeRy or any interest in � �, :
<br /> . :,,;..
<br /> � �,:••��:c+: ''�,'K:.'. � it is sold or trar�P�7ed tot Tf a lxneficiat dnt,rcyt in Bom�wcr i�sold or tranrferred and Borrower is not a natural per.on) ;�-
<br /> ::''�;:���''� `.`." . , `- n` -u �• � -, . t t.cc.s'u:r ma at in o tion.rc u:rc immcdiate�ri ment in fall af al!sumv secured by ��-�:-?f?,�, '.
<br /> , t,.f,, • ..,__..., wit6out Lender>,��n . :r:4...�4 n en. y. P N . Y .: '. ��,,�y,..,
<br />, ''��;`'���`��'� tr��}`�: Lhis Securiiy tns,^uane�s. d-�au-eve.r.tS�i,,np<ion shall not he exrrci,ed h} Lender if e�cerci�e iti prohibited by federu l law a.c n f • , • ��'•�
<br /> � ,'•s,�:;��..-.' '.� c��date of this Securily tnae��c:��«':�. � • ` `:`���;:
<br /> �:•. �:�,:,,.:` . ,,., ,
<br /> . � . lf I.endetexercise4 th:s c�}:i�^.Le�da�shall give Bar��twer notice of accelera:«-n. Thr notice�hall pravide a period of !i.�;�';`:;'�'� ;, �
<br /> � ` noe less than 30da s from tae wa::the r.a;i�iv dclivered o:mailed within whicb 9arrower mu�t a ill.rum+sccured N this ''• "'' �'��' � ,. '',�,:
<br /> : - - .. y �"y� y r :.;::;p,�-;� . �:�,,;�,
<br /> • • 5ecuriry (n.rtrument. If Bonower iaits to pay thtse sum�, pdur to th:cxpiuUion of�hi�period. Lcndc�may imokc any �. �. . ,�.�;,•;� .
<br /> �.• ' .,l:...,
<br /> � '` • � , ' remcdicw permitted by thiv Scc�rity lmtrument withaut furthcr nrnicc c;ru�.r.zand on Rnrrmvcr. � �,.. .,•. . . .'���.�;�,';�:�
<br /> t8. Butrowe�'s RigM t�Rctnstate. If 8orrnwcr meetti ccrta:r�conditi�+n+. B�rrou•er�ha;i have �lie right to have ;. .,.;:-,l • ,
<br /> � enfarcemcnt uf thiv Sccurit �nstrument divrnntinucd at an �imc rior tu the carlicr of: (ai S du•�1ar�ucb��ther ri�xf u� ��� "�'•'
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<br /> � , � tiinL�c Frmil� -.Faanic��lar.FecAdie�tac C\It"I1N�I I�STRI�S1ErT••l"nd�mn Covrnant. 9;911 �p����1��/n pag�•.c� � �
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