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<br /> -= � : � � � � � ' � - � .� 91--�0�4�� _.
<br /> — cond�RUiatian ac athtE taking�of aziy�ac[of the Ptaperty.or for conv�ranc4�in licu of condemn�ti�n.�rc hcmbry assi�d�d" -- —
<br /> s[iatl be paid to Lender. ' �e �ceeds shall be,applied.to ttte sum5 sec�e�ed by tI}is Security
<br /> � [n the event of a totai•safcing of ct�Propes�Y• P
<br /> (nstru�nt,whether or«ot theo dae,with�ny excess paid to Sorto�ver. In[he cwent af s partial taking of ihe Prq�rtY�n
<br /> which the fair market value of the Property imsnediatety before the ta{c'sng is cyual ta or greater than the:unuunt of,�suma
<br /> secured by this Secarity Ins�ument immediately before the taking,antess 6orraw�er arcd txnder othenvisc a�ree�s�itvriting,
<br /> -- the�ums secuc�sl by this$ecurity lnswment shalt be nedused by the amount of the praceeds muttipl�ed by th�.��'.qtl�l�o�i�
<br /> fraction: ta)the total:amount of the sum�secured imn►�ateiy befurG the talin�.dividcQ hy tbi.the.faiF inarket�� o��
<br /> � property imrr�edi�tely before the raking: My balance�ha{i be Paid io Horcor�er. In the event oG a partiat t�lF,..g
<br /> Froperty�n whic.h the fair'market value of the Property immediately bef4re the�is less than the:uno p��I�he sums.
<br /> secuted imrt►ediateiy 6efore the taking, ur►less Borrawer and Lender othenvise a in writin or uniess a icahlc law —
<br /> ottterv�rise pcovides.the proce�ds sEu�ill be applied to dtc sums sect�nea 6y this Secucity Instrument uhethec or ttot;tfp Sums ace.
<br /> - , `thea due. ' � .
<br /> -- - If the Property,is abanda►ed bY Bon°Wer,or if.afrer notice by Lender to Borrawer Qu��ei�e condemnor o��s to m�r
<br /> -- ` an award or settle a�claim for damages.Borrower faiis to respond to Lertder within 3�T days after the dace the nR�CC�S �_�
<br /> �^;- i,ender�s authvrized�o coftect and apply the proceeds,at itc option,either to restosation or repair-of the Prop��t�� �
<br /> sucns secured by this Security(nswmen�wt�ether or aoYth¢n due. �i�tion of raceeds to princiga!shaltin4l extend or.
<br /> • Unless Lender and Bocrower otherwise agree in writing,any aPP.� P
<br /> hs t and 2 or cfian e the amount of such p�ymcn�.s.
<br />--�:'.� - postpone the due date of the monthly Qayments reEemed to in parag�ap g a �t or. .
<br />�.,�:�` • 11. BorroWer Not Released: Forbe�+rance SY l.eQder Not � Waiver. Extension of the time fa�,;p y
<br /> `-�;•• modification of amortization of th�e sums secured by this Securic}.Instrument granced by Lender to any succe s�r in interest;
<br /> ::�i —:---
<br /> .,{ o�f Borrower sh311 not operate ta release the liability af the origina!Barrawer or Barrocrer's-successors in i��sest. �ndeF'
<br />':`•��� � shall noi be cequired to cammence proceedings agairrst any saccessor in interes[ar refi�se[o eatend time fq(,p�ytn �-y`
<br />_=:,�t at�envise madify amortization of the sums secure.�1 bY[he�Sec"nty Instrutnent by reasnn oi any demand made:�fy,the origina{i __�-"
<br /> :::;� Barmwer er Borrower's successors in interest. Any forbearance by Lender in exercising any nghi or remedk{�hall not.6e a: � �-----i
<br /> °` � waiver of a��sceclude the exe�ise of any right or cemedy. —
<br /> sce
<br /> s": ' ' u, S�so�s a�d qssigns Bourtd�Io�at�nd Se�erai Liabifity;Co-signers. The covenants and ag,i�ements of.ti�i5:
<br />__�-'�41,_
<br />:`;�^`-;. -�curity 1ns4rument shall bind and benefie the successors and assigns of L�,nder and Borrower.subject to ttty.,pruvisions o€, ���_-
<br /> ,,..:. �L•�
<br /> . • ��graph )7.Borcowes:s covenants and agreetnenGs shall he joint and several.Any Borrower who co-sig4�s this Securit5, ���'
<br /> • s t execute the Note: (a)is co-signing this Security Instcument only to mortgage.Y,raniitu►d•�°me3'th�#'' -= ��.-;��
<br /> . Iqsttument but dce nu _ • 1 p611�.7Ied,Eq. 1 the�um, �; -'
<br /> ment• bl is not .onal y a P Y •r-.���`-
<br /> '' t ' Borrower's interest in the Pcoperty under the term.s af this Security IaStm . 1 P� �'
<br />' -_..r4. ` _ . .!ti"T1., .
<br /> ,:.;;,�:, : securea bq this Security Insirument;and l.c)agees that Lender and any other Boaowcr may aKree to exsend.;rnadify forbeac. , �y:._��,..
<br /> ;:,.4y; � ry ��
<br /> �- - �: �r or make any accommadations with regarc�to the tertns of this Security Instrument or the Note witltout:that Borrower's �� ,_
<br /> �`,_}, , ��:..',F;'
<br /> ' .CO�ISCOI. . : r s�..`=_
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<br /> i3. Laan Charges. If the loan secured by this Security [nstrument iy xubject to a law tivhich�e[.x maximum le�n•,• ,.-�-.��'`
<br /> `•� ' �� ��Sarges.and that law is finaUy inferpreted so that the intereyt or other loan charges coltected or to be coltected in connect�4�r� �.� =�1_
<br />..�;�,'r;:�, .� � with the laan exceed the pertnitted limits;.[8_n: la)any sucb loan charge shall be reduced by the amount ner.essary to reduce �•=
<br /> � ` • the charge t�the petmitted limit•and�h):an�r.sums already coltected from Barrower which exceeded permitted limits wit�fi� ' ,�,�
<br /> ���:.,;�.
<br />:.'.°<{.t;�:�. '�?; refunded ta Bo►rr�wer. LenJer m3y ch�;<rse trs�make th�s refund by reciu�iifg the pdncipal owr:d undcr the Nuta or hy makiq�s 4� '._ �,y�
<br /> , � ' direct paytne:�co gorrower. If a refuad ra-�iires principal,the�eduaic:;�will 6e treated a�a partiat prepaymentµ'��hauGa�y
<br /> r�;: �. prepayment charge under tfu;Nate. +�^���.°*'�
<br /> ' � ' ' 14. PIotices. Any noace to Borrawerprovide�L far in this Security (nstrument sball be given by deliverin� it or,hy ,' '�,,•*��''=
<br /> I
<br /> '� :'St::.
<br /> � ; . mailing it by first class mail unless applicabte law requires usc af another methext.The nutice sh:sll he directed ta�he Pm�erty _ `,��,�-
<br /> •r � ;`_ �'� ' Address ar any other uddress Barrower designate+by notice tp Lender. Any notice tu l.ender shall be�i�'en by fi��t.c(ass ._ ,..�.
<br /> . ._..�_: mail to I.e�ider's address stated herein or any ather address Lender deti6gnate+by notice tn Harrower. Any,potice pravided fnf • ��'��L
<br /> �,�'°� ' in this Security in�trument+hall be deemed tu have been given to Bortr►H•er or Lender when.given;�.s provided in �hiti _ �
<br /> ,.��,� • P��Ph• -�
<br /> 't'� �'� 15. Governing Law;Severa�ility. Thiti Security lnstrument.hall he governrd by fcderal ]aw�and the law of the _•_=-'
<br /> - �f'` � jurisdictiors i�N t�ich the Propert�r is located. In the event that:u�y pmvi+ion c�r clauye of thiti Security In�trument or the Note �_'
<br /> �� .�
<br /> • ��}��' ;;;� confliets wit.a�plieabte law,tiuch cuntlict tihall nut affect��ther pmvisif.�ti of'thir 5ecurity Imtrument nr�ihC Note whieh cart . ��;,
<br /> , . '' '?.X - �+�'r be given eff�:ct without ihe�anflicting pravision. Ti�thi�end[he pm•4:yium c�f thiti Security Irtstrument und the Note are ''•���•:�,
<br /> L`� : ;�::,; ,��
<br /> declured ta be tieverable. ' �''�
<br /> _:%��':.;�;, t;,..;.,:�,. •. .'.�.,?s.�,:,:
<br /> ' •�' . � 16. Borrower's Copy. Borrowcr shall bc gi.�cn n�c canfurmul copy of thc Nutc and of Ihiti Sccurity lnstrument: _:
<br /> r:• ,:�i, YP 1� S� Y -. �..-.;:; .
<br /> . �;,,., ,;,t. 17. Transfer oithe Property oe a Beneitcial•lat�rpst in BarroNer. If al{or an an of the Pro tt or an•interest in �:,;;�,,; •.
<br /> ,��' < it is smd or tran�:ferred I�r if a benefccial intere�t in Herrowcr iti.old or transf'rrred and Barrmver is�iUt u aatural pert�n) ,,,.. � ::•�-
<br /> - t �~.t�;:i��,:� ��. ,.�_
<br /> � • � -•. -�q<.�` without Lender's priur written conyent.Lertu:r may.at itc optiun.reyuire immrdiate paymeat in fuU af,ull�um��ecured by � �,�,�,.
<br /> • }":--.� this Security In�strument. However,this opt:an�ball not bc:cxcrciycd by Lcnder iF excni�r i+prohibite+�by fcdcraE taw a5 of , � �,;.•--
<br /> .�� r^, �, •ip,�j,..;
<br /> .es;-.:,�;;�: `��� the date,af thie Srcurity Instcumcnl. � •. .
<br /> • r�•;`::��� lf l.ender exercises Ut'r�option.Lender tihall giee t3orruw•er notice uf accclerutiun. Thr notice+hvl1 pr��vide u perial uf ��,...: i
<br /> „r..'`���
<br /> � �•;r• :,,,; .; not less than 3(!dayti front tFe datc the notice is dclirer�d or muiled within which R��rcowcr mu�t pay a1!sum�sccureJ by thiw �r.. . . ,-� .
<br /> ` . , .. �. �,•,.,•�, ;. Security Instrument. If Borrower fails to�:ry these.um� prior ta thr cxpirativn uf thi, periuJ. Ltndcr may inv��ke any �.: ' ;,
<br /> ' � ��t' �'�- � �;;;'� remedies pemtitted dy thiti 5ecurity In,tsu�r.4ni wi�h��ut furthcr n��ticc�u demand on Hurro��'cr. � .
<br /> � �s '.��'-��^ . 1S. Borrower s Right to Retastate. lf�orriswcr mects cenain cundi�iun�. Harr�►�vcr �hall h��•e �hc right tn ha�•e �.
<br /> '�r..,�...,., •
<br /> � ' �' , � ` �'� � enfurcement��f thi.5ecurity 1n+trumerx ci�cuntinurd at any time pri��r to ihc earlicr uL (a��dayti!or nuch othw+r peri�xi ati � . � ,
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