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<br /> __�_. .� f, :.�: .- � � � . . � _ - .. � 94-100� r�_� .
<br /> �od�maatian oc ast�er qkia�of�ry p�t of the Fropeity.ar for�vcyai�ce ia lieu of condemn�tion.an,h�bY 8�
<br /> sh�lt be pid to.t,,et�der. ` • ' . . `
<br /> In t6�ev�nt of a taat qicing of d�e R+upercy.the pmoeeds si�all be,apptied w We sua�s sewred by[his Securicy
<br /> L�tn�.whedxr or not ttxn idne.with anv excess paid to Barower. W tlye.event of a,pactia!mking of ttie 1,�toQerty in
<br /> which tHe fair mulca vatuC oF the Pmperty immediately befo�e tbe raking is equal to or gnater than the arnount of ttu sums
<br /> sqcured by t6is Sea�ricy Iac�ment immediatety before the dcing.untrss Borrower and Lender otherwise agree in writi�g,
<br /> d�e sums secutsd by this Secuiity Inswri►ent s�all be cedaoed�by dte amount of the proceeds muldpiied by dte foUowiaB c
<br /> fraerion: (ay the total amount of t6e sums seeu:ed imntediately 6efo�e the t�icit�g.divided by @)the fair marlcec value of the •
<br /> prope�ty immediately ixFae.the aking. Any batance sha11 be paid m Bo�rower. In the event of a partial talcing of the �
<br /> -- ---- �;;��� gropeity u�vrhich die fair mstrkec val�e of thr Paapeay iaunediately befo�t!x takiag is less t6aa ti�e'amounc of the sums _
<br /> - secuced i�mediauly befo�e the qking.uatess Bocmwer and Lender otherwise agree m wridag or untess appiicab[e law
<br /> `ir - � atherwise pcovides.the proceeds sf►al!ix appiied w the sums socured by this Security Insuument Whecher or not t6e sumsare,
<br /> �� then dae.
<br /> -- if tlu Pioperty is abmdoasd by Bomuwer.or if.after notice by I.ender to Bocrowec t6at tix�eondertutor offers'tq make
<br />-- ' art awud or seale a ctaim for damages.$ocrower fails to�sspond so Lenda within 3Q days after the date the notice is given. ---
<br />�-� Lender is authorized to coliec[and appiy the proceeds.ac its opaon.either to resmiatioa or npair of the Fcoperry or w the _
<br /> "' sums secaned 6y tf�is Security Insmm�ent;whe[hcr or not then due. - ' . -
<br />= Unless L,ender and BoROwer otherwise agcre in writing.a�y application of prnceeds to principa}shail not extend or , __
<br /> postpone tbe due date of the monthly payaxnu�efemed to in paragraphs 1 and 2 or chanae the amount of such payments. __ti:-- _ _
<br /> y _ 1L Bormwtr Not Rekased; Forbearstnce By Lender Not a Wstiver. Eatrnsion of the time for payment or � _,
<br /> modification of amo�ti�an of the snms secured by this Security I�rument granted by Lender to any succasor in interest , �'`y�
<br /> - of Borrower shall�not operatt to teIease the tiability of the origina!Borrocver or Borrower's'successors in interest.Leader 'n=v.�—__
<br /> �� shaU not 6e cequirai to commenee procadings against any successor in interest or nfuse to extend time for payment ar . ;>;.�;�`�:�•-�
<br /> .�;,,. 'otherwise ii�fy awortiiation of the sums secnrec�'6y th�s Securiry insaument by n�son of any demand made by the originat �:, >.
<br /> � � . ,�. Boriower or$uisowe��s�ors in interesc.•�uu fe;bearana by Lender in exercising any right or remedy shall not be a �z .'__
<br /> *�;°�' waivsrof o�giecIude ihaese�cs'se of suiy righf orctired}k. �''•`,�.`:�--•
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<br /> 1Z, gpccesw's mrd�Bo�mwl;damf znd Sevecal Uabillty;Co-signers. The covenants and agerements of this .. �;�----
<br /> o s�ga _
<br /> Security Insuument shall bind aad�s:fhe.successocs and assigns of Lender aad Bormwer subject to tGe provisions of
<br /> _� �� paragrapft �Z•Bomuwer's covenanu aad agreaneiits shall be joint and several.Any Bormwei who c�-sig�th'ss Secu[itv =_
<br /> -�.,;;:,..; ���y . ��.
<br /> � -=r"_`•' InstrumenF fiurdoes not execute the Note: .(a)is cn-signing this Security lnsuument only m mortgage,graat and convey that•
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<br />- -�"��-�"���f � `� ' $orcower§interest in tho Pro under the tem�s of tliis S Inswmen� (b 1 is noc rsoaall obli ated to pay the sums � '�°'
<br /> -. . PeaY ecunty P� Y 8 , ,��'-�;��.
<br /> ;,. .'";�';-`;���, �� ` seciu+ed by this Security Insuacrtenx and tc)agaes ihat Lender aad any other Harmwer may agree to e2ctend,mddify.forbear ' - .- °- -.;��:
<br /> .:=����,.�;-�: �; or malce any accommadations with regard to the tecros of this Sec�rity S�t�ment or che Note without that Bosmwer's , . ��-
<br /> -._.,.,.. ..
<br />' - °_�:s�.Tt;:',::�. -:'•: . COtISCIIL . � � � +i:r:-
<br /> ;' '-��� = 13, Lo�p Charges. xf tho toan secured by,this Security Insuunic�nt is subject to a law which sets maximum Loan �,.:�
<br /> .�,,r ., ,. , . .
<br /> � � �°+�s .� charges,and that Iaw is fm.2lly interpreted so chat th°interest or other loan ciurges collected or to be eoUected i»conneetibn , .. ,. s�;-
<br /> . ��?ti:;:�.- � .. .. �,_
<br /> � arith the loan exceed dis p��itted lismt�:then: {a)any such toan charge shall be Eeduced by the amount ntcessary to reduce ��
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<br /> 'A�+,�'f.::�.�.f:::.:'-�': ��, the chatge to the tted limifi and tb}any s�ns alr�ad collected from Borruw�t which eacceded permitted Jimits wi11 be -.
<br /> Permi Y � �i',, . , ,.-.
<br /> i::-:, ,:'_, ;.� refunded to Borrower. Lender ma5 chflwe to ma�e zhis refund by redacing the principal owed under the Nate er by making a �
<br /> �^,��`.,,r.r_:,',�:,,;�: direet payment to Hormwes. If a refkrs3 reduces principal,the nduction will ba ueaud as a P�P='�PaYmeat w�thout aisy � �t•<�,,,�,.-,
<br /> + `'�' ' P�Pai'meatcltarge underthe Note. . . � � � � :. , 4�.
<br /> • ��: ' - 14. Aiotices. Any ncseice to Borsower provided for in this Security lnsa�ment shaU be given by delivering it ar by j'=" ..� .,,.
<br /> .x�":. • , mailing it by fissc class•�t unless appiicable law requires use of another methad.The nodce s6aU be directed to the Properry , .•. :?'*:__
<br /> �'..' .::, • � • Addness or any otAer ad�ess Borrower designates by notice to l.ender. Any noace to Lendu shall be given by first class . .. -: ±'_
<br /> . • •° mail to Lender's address stated herein or any other address Lender designates by notice to Bormwer. Any nodce provided fo� . �':�
<br /> , � • . � - in this Security Instrument shali be d�emed w have been given to Borrower or Lender a�hen given as provided in this . '�'"
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<br /> �;};�::,,.. P�S�Ph• . °.
<br /> �'+'-� � � 15. Governing Law; Severability. This Security Instrument shall be govemed by federal law and the law of the f . �� .�-�'�
<br />' -S��a�1':•�'• . . . t ' .
<br />. .,�,i�s�;z:;.;- jtttisdiction in which tha Property is located. In the event that any provision or clause of this Security Insnument or the Nou
<br /> � ax�tic�t4+�ith applica6Ce law,snch ronftict shall not affect otAer provisions of this Securiry Ins�rument or the Note which can = �
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<br /> ,,:t.;;,•::.; ; . • ' •� be given effect witflou't the conftictiag provision. To this end the provisians of this Security Inswment and the Note are `•-��;.t•
<br /> .,,....,. �,�ir'!:i'.: `
<br /> �'..i.;+.,�: � �,,=,,, declared to 6e severable. ' !,- . ...- � �=�.;`,`.t,
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<br />�� ;:ut�j;,:.�`��,'� �'•��'•�'���� 16. Basrowee's Copy. Borrower sAall be given one confonned copy of the Note and of this Security Instrumrn� , {. .... : _:,._::1:�
<br /> r,� !•,._:-' �� . 1?. 71�ansfer ot the Property or a Benetid�i Imierest in Borrower. Jf all or any part of the Propergr or any intenst in . ._
<br /> � � '"""•' it is sold ur transferred(or if a beneficial inrer�e i:�Borrower is sold or aansf;,�red and Borrower is not a natural person)
<br /> r:: �.a ��., ,
<br /> ` i�'°, .. . .
<br /> .?•.�; , without Ls^�der's prior written consent.Lender m�y.at ics option.require immediate payment in full of aU sums secured by
<br /> .;';�. � '. this Secaeiav Instrument. However.�teis opGon shall not be exercised by Lender if exercue is prohibited by federal law as of �,.. ,:' • � �
<br /> ';; �;�. . � the d�te of this Security Instrumen� � .
<br /> ";;.'�.�,;;. , .� If Lender'exerci§es this opuon.�der shall give Horrower notice of accele;x�aa. The r.oiice shall provide a period of f �. . � � �:��
<br /> ' '� ` , not tess than 30 days fram the date the notice is delivered or mailed within whie€i gcaoc�er rnust pay all sums seeutecl by this � ., ...,�.•
<br /> - Seccuity lnsuument• .€EBarrower fails to pay these sums prior to ihe exQira��.�. of this period.Lender may invoke any . , ��
<br /> _ ':':'!,,4�'. •. : c temedies pem�itted by�.s Security Ir.snvment without further notice or demand on Borrower. �_
<br /> `'"� ' � 18. 8orrower's Rlght to Rtj�¢e. lf Bortower meets certain conditions. Bonower shall have the right to have � : • �"
<br /> =":.;,�'" ;:;;;;. enforcement of this SeSUrity Insm.-�M.t discontinued at any time prior to the eadier of• (a)5 days(or such other period as ' •-. . ,. ,
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<br /> � S:ng1e Fami:y«�Fannk NaelFrMdia HacU�IFORN INSTRU�lBNT--Uniform Covennnt� 9l90 (puge 4 of 6 page�l � � , '
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