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<br /> � of the orfareanv ance in lieufl�r condemnation:are he�+eby.�igned and .
<br /> condemRation or a@xr t�lci�g of an}�Part Fc�penY• eY, �
<br /> sfiall be paid to ixnder. "� - •
<br /> � (n the event of a totai tatcing of the Hmgetty.the pruceeds sh�ill be applied to the sum+secaced bY this�CCUritY
<br /> � . Insuvtaent,whetGer or nat then due.with any excess paid tu Bomawzr. ir4the et�t of�pastia!talcing af t�e Properry in
<br /> - wl�ich the fair market value ot the Ptopert}immediately 6efore the'taEing is equal to or Sreater�ttan the amuunt of the�ms , _
<br /> - — . secured by this Security Insuumetu�mmedia;:,!y before the taking.untess Bocroti�er and l,endes otherwise agree in writin�,
<br /> the siuns secured 6y this Security��en�s'hal➢be zeduced by the amoant of the proceeds multiplied by the faftowing
<br /> - = fraction: (a)the total amount of the sums secnres immed�ate�y bcf°s�tlte t�fciag�di�rid�by E�}the fair marke[val�te of the ______
<br /> -- _ ptepetty immediatrly before the u�Icin& AnY batance shall be paid w Solrau'er. tn the event af�parti;il taking of the
<br /> - � Pjruperty m which the fair inarket value of the Property�mmediutety 6efore the taking is less than the amount of ttie sums =
<br /> secured ia�mediately 6e fore t h e t a k ing,un l c s s Bo r ro a e r a n d L ender othenvise a g r ee in �rritin g or untess applicabte la�r
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<br />- :'`� otf�erwise pro�ides.the proceeds shalb be applied to the susns secured by this Secuaty Iasuument whether or rtot the sams are
<br /> � then due. —
<br /> ff the Propecty u ab�tidaned by Borrower.�r if,aftec aotice by Lender ta Bomnuer thae the ccxtdemnor offers to m�fce �
<br /> • an award n�settte a claim far dazmeges.Bonawes faiLs m r+cspond to Lertdet within 3U daqs aftes the date the notice is given, —�•--
<br /> ---.; - Let►dv�is autttorized to coltect aad apply the praceeds,at its option.either to restarsrion or repair of the Property or to the
<br />. . sumy sr.cortd by this Securit}tnsmutten�wltether or not then due. �
<br /> •� .�:, Unless Leader and Basrower otherwise agree in R�riting•anY aPP�ication of pm�.�dy to princiPal shali aot extend or
<br /> ; __ postpune the due date of the manthly payments referted ta in paragraphs i and 2 or ctLw�e ti�e amount of s�ch paymaets. �c�^-
<br /> .�:F '4 �.:Y 11. Bor�owe►.Not Rel�ased; ForDe�r�nce By Leader tiot a Wai�er. Eatentiioe of the drae far payYnettt or =--��T
<br /> -., �, .- m a d i fi c a t i a n o f a u t o rt i z a t i o n o Y t h e s u m s s e c u c e d b y t h i s S e c u r it y Instnunert g r a nted by Lender to any successor in inter�est s�,f�-
<br /> .�-�f';'� of Bormwer shaIL avt oFerate to release the liability of the uriginal Borraaer ur Bortpweis successors in interest.L e�c der ��T����
<br /> � `'�. ` sh�li not 6e ceqtti_`ed to�a�srRence proeeedings against any successar in interest or iYfuse to cxtend time fo[pa�ar . . - �=.�N�-
<br /> ` otherwise m6dify:�mart�:�x^of tiie sums secured by this Security Inr•trusnent by ce;ucsn:�i�apy demand r�de by the ac�naf {�:"---
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<br /> Borrower or Borma�'s s�.-r�ors in intetes� At►y forb�rance by Lender in exerc.-isi�rg�ny nght or mmedy sha4(F rr�.?'�e a � :�?,..
<br /> =.`,r waiver of oc precLe:�che exercise of any right or rernedy. . ` ' : ''••`'��_
<br /> � . :l:'r::�; :. ' .12. Siteces�xs and�issigns Bound:.C�i�stt and Several Liabilitg;Casigners. Thr covenant4 and agr�ementc of thu _ :. `,;;.:;.=r- y
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<br /> ` {,�` ��1;i�f�;x?� ' Secutiry insttument shap bind attd 6enef�:1�`r=.successors and a�.signs of Lender and Borrower_suli,��to the provisions of .
<br /> .. .'..` ` � 1 7_ B orrower's So°e n a n Gs a�d a�i�e e r n e n�s s h a l l 6 e j o i n t a n d s e v e r a l.A n y Horrower u•�iri eo-si g n s this Secvrity - _-. 'r_
<br /> �`-• gniu�.this Secutiry Instrument on&y:to md�e.8�nt and convey tS�at . . _�
<br /> � � rw.,�_••� insuument but daes not eaeaz_:the:�Iote: 1�)is casi , • , _�.
<br /> ' -��;:� Boaower's interest in ihe Pb:�rty urtder the terms of tfiis`�s.-urity InstrumenG (b)is¢�rt Qersonally obligated to pay the,ums •,•, ,'8„
<br /> � '� -'� � secured by this Se,curity Insnument:and fcl a�rrees ihat L�ttxr and any other Borrow•er may agree to extend.modify.f�rbear -. .�. •__--
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<br /> '"���•• or make any���modations with regazd to the terms of thiy 5ecuaity instrument ar the Note��ithout that Borrower's .. —
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<br /> _ �y�• . 1J, l.oaa�Cfiarge�,:�`�+:.the toacr secureci by this�:ia:.-;.y Imttument is suhlm:i.t3:;a 1aw which setc maximum toan '�'
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<br /> �� , f��;'<',•'� . , ehazges.and t6at law i��.�i�.�'3�interpreted so that ihe inta*s�i;�s ather toan charges���)»�-�or to be collected in conr.ectian �°;�yl�'�_{'. �
<br />. � s� . � �,y� , with the loan exceed the r�.^?:ced limits,then: (a1 an �a�:Yoan char e shall be reJueesd b the amounl nec�+sury to reduce ���' -`:.
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<br /> , 'T,2sr::;.:"�,;. ,:..; ihe char e to the �*.,. �nit:and(b)uny sums already collected from Borrower which ezcee.�.�°+.L_+pertnitted limic+will be ..�,�.,.s�..•:•
<br /> • ' ' .l.,r�;�>':; refunded to Bnraw'er. La'i�ri may chaose to make this refund by reducing the principal owed c::eS'�'t!;e Note or by making a ' ::t�
<br /> . • � ?�, l,,}�'"'•; "�. �`,,�'r,�c!payRte�;[,.•$orcoK`� IB a refund reduce::prittcipal.the reduetion�vill be treated ati�parp;:l:�:?ayment without any
<br /> �";�rf;�`i:, $ � -
<br /> ;+:.. �'1i]�i��:<:•`. , L?"=ex+Y�ntc�7i:r�:uader fra:lote. •
<br /> " :�:�r�.' 14. Na't�nes. Any notice to Borrawer provideJ fc�:in thi�Security ln+wment�haD Ne given by dr'i•�::��;:i n or by ,' �=�
<br /> .. :�rc:���•� " - . . _ •.=�'+qF~a,
<br /> ���".i,:, � , mailing it by;�,�t cfasc maii unfetis app lica b le law requires a�e a f an o t hr r m e t h o d.Th e n o t i c e s h a l l b e d i r e=t�c•�.i i i�`?r o p e r t y ,,,,
<br /> • ��-'�� }�•'�� Addres�s or 4rrr��1'ner address Borrower de,ignate;by notice to Lender. Any notire to Lender sb�!#x gi�en'�} �nt clstix '� '�_"�=:
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<br /> < < <, � mai!to 1.enCr.�'s.,�dress stated herein nr any other addrey+Lender desisnate�hy notice to Borrower..��y natice pravided far , ��+,_°
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<br /> � ,;y- , ' , in thiti Secursy'7astrument +hall be dcemed to have been given to Borra�tier ar Lrnder when iven as rovided in this
<br /> • '•" �:'"��•. ` ParaBraPh• ' -
<br /> "`����' � ;Y� ' 15. Governin I.aw: Severabilit ?hiti Securii lnstrument yhall bc gavemed by federal law and tfie iaw of the :���j1�:
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<br /> ' ' �''" � : ' urisdiction in wbich the Pro n iti tacated. lo the e�ent th;��any provi�ion ur clautie e�i this 5ecurity In�trument or the Note _:.,,����,:_
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<br /> r''`". � ,�� �, conflicts wit�:;��plicable law,tiuch conflict shatl not aifect other prov���on.nf thiti Security tn�trur�rat ar the Note which can . : ,i;r;-:.,:-
<br /> ::;;=� • '�i..:. � �'�� • .
<br /> , , ,� be given efs�x without the conflicting prnvitiion. Ta thi�end thc provisionti of�hi�Srcurity ir��n��:ent and the Note are �`i�;:'F..,.:
<br /> ; ,,,,.y.,.;.:
<br /> �_yry , . declared to ix�.vcrable. ' :. , �^'�;`.,,�,�;�::
<br /> �'• ' ' , 1 6. B e�ro w e r's C o pv $o rtow er sh�ll be gi�en one confomud cup��of 1he�Iote ind at'thi�Security Instcs:;rn:at. �'!'ti4;rl;''°
<br /> =�.� •=•.'� 'I , 17. Tra��er ot the 3�'ncm�erty or a Benettcial lnt�.°�l ln Borrow�er. If all�yr any pan of the Property or a�;r:intcretit in • �:,�;,;:
<br /> ;_�'' ,� , it is sa}d or z:jcs:.ferred(t�:°:�'�l+enefieial ineere�t in Bc�m;�ci'er i��uld or trantiierred and Borruwer is not a nazuial per�oni , . •��, ;`i�,y;4.;
<br /> • . without Lea��prior wriucn con.cnt.Lender may.at i:,'s�pti�m.req.�irc+mmeJiatc paymcnt in full of all�ums sccureci by , _�;�,;+��-:
<br /> , � � this Secutir,• Is;rs_ament Hoa�ever,ihic��ption tihall nnt tx:exercitied:�:_> I:��^,cicr if exerei�e i�prohibited hy federu{law uc of ���.,.;t��'„�••
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<br /> . ,,�;:.. . : • E:r:datc cf r.'t,is'�acurity Instrumem. ' . ::;``:�;:`,,,::
<br /> "��� +"�''' It l.e:��s°s•:xcrcisc!�this option.I.cndcr�huU givc B��rr�����cr itntic�ai ucclect;Y�:r. Thc neticc yh;dl prnvidc a prrind af—
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<br /> :;;i�, , ��,at Ictiti thar..31 d:�ys fram the datc thc nuticc i.drlivcrcd ur inailcd�vithin whirh Cs:srrinvcr mutit pay.dl,umti+ccurcd hy thi. � ;;�
<br /> . •.��r`�" Security t;.::-�;-x�cn�. It Borrower fail� t�►pay thc.c .um� prior to�hc cxpiraliun oi thi�peri�xf. Lcndcr muy in��uke any
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<br /> •, _:,.;,,yN�; ,,..;•,i;�•,. remedies ter;,;:.rtted by thiti Security Imttumenl�eithout funher nutice��r dcmand�m Borm��•er. . .
<br /> .*�'��r�• . IS. �*a�wer'y Ri�ht tu Iteinstate. li' B�mourr mect,cenain randiti��n�. Barrmvcr�i;�::� havc thc right t�� havc
<br /> '.,-.' ,•. ;.,.. ,;i,�:. a;;;;�s�E,r such uthcr niHf a�: ,
<br /> `. '�� .• .',�";r� r�`:�rce;y::r}af thi+5ccurity Imtrumcnt di�c�,rtinurd x��.�}•lime priar U>>hc rarlirr oi: la►. P��
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