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<br /> ---- �M�:��.= 94- �oxos2
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<br /> condemnution�r ather tnk(ng of any purt af the Prapeny.or for conveyuncr in ticu of condemnatian,nrc hereby a��igned and
<br /> = ehull bo putd to[.endcr.
<br /> — --�^�-= 1n the event af n totol taking at'tho Property, tho prareeds ehall be npplied to the aum9 secured by thiK Securlty
<br /> —��� lnatrument.whethcr or rtot thcn due,with uny exccas pnid to Borrower. In the event af a purtint taking of tho!'roperty io
<br /> ^� whtch tho fair market valuo nf thc PmpeKy lmmediutely bafare tha tuking is equal to ar grenter than the umount af tha sums ��
<br /> _ . .- - • - •-
<br /> ' ���f:� �ecured by this 5ecudty Instrument immcttintcly before the tukmg,unless Bomawcr and[,ander uthcrwinn ug�c in wr t ng, -:_ __• �_� -9_
<br /> = the aums xer.uned vy Ii�is Security Instrument hhull be reduced by the umaunt of the pix�cecds multJplted b the fatiotving � - -
<br /> - - -- ,,
<br /> = frnction: (n)thd tatal umaunt of the sums aec�ned immediutoly bcfore tho tukin8.divIded by(b)the fatr mar et value af tho �
<br /> Property immediately befarc tha taking. Any bnlance xhall be pnid to Borrower. In the ovent af a partfal taking of the _____
<br /> - -,� Property in which the fa{�m�uket vAlue of the Property immediutcly before the tuking is less thun the funaunt af the sumx -_---
<br /> secumd immediately befare thc taking.unie�x 8orrower und l.ender otherwisc agrec in writing or unlesg appltcable !aw =�
<br /> � � otherwIse provldes.the proceeda xhall bo applted to the sums secur�d by�his Secudry Insuvment whether or not the sums a[e �R'�`-�''`
<br /> ' .•�..�- �
<br /> ,;i{;�?�4 then due. �-
<br /> , ,•'pt�.�..; if the Property is abundoned by Banawer.ar if.ufler aatice by Lender to Bonower that the condemnor offers to makc
<br /> �. nn award or renle a claim for dumages,Borrower fui1R to respand to Lender within 3Q days ufter the dnte thc noticc is�iven, -:'`'-`--
<br /> � ��-----_
<br /> � ° ' `' Lender is authodzed to collect and upply the ptoceeds,at iu�optton.either to restoration or repAtr af the Property or to the �__*`=��"�r=-�
<br /> , .� 1. —
<br /> ;,�t,.,"r,::�:-r,._ �_
<br /> i1 F , � � •:� RumA secured by this Securlty Instrument.whether or not then duc. =;'--
<br /> . ��`' : �, .,; Unles�Lender and Borrower otherwlse ugcce in writing,uny upplication of pracecd�to principni shnll not extend or �;',j'��,��x--._�
<br /> ` � + �: � p ost p one the dus date of the monthl y puyments referred to in parngrnphs 1 and 2 or change the amount of such payments. ,:, ,y,�^�_
<br /> �� r�'��'�;-�' 11. Bo�rower Not Released; Foebearance Ny Lender Not n �VIIiver. Extensian of the time for payment or ��'t;���--.-
<br /> +�:•� ...�a:. ;•.•�.;:_--
<br />_ �.���_ _t modification of amottizntion af the sums secured by this Secur�ty lnstrument granted by Lender ta uny successor in interest A�. .: _
<br /> �f�""�'�'�• ���� of Borrower�hull not aperate ta releuse the liability of the original Sorrower or Horrower!�successor:s in lntetest.Lender . '.,'.«.
<br /> ?;,;::�,,,:.,--��:', shall noe be�+equired to cummen�c pcuccndiug�ugal�ist any saccessar la intcresi ar rsfuse to extend time for puyment or -' '
<br /> . __ --
<br /> • ' otherwise modify amor4ization of the sums secured by thts Security Mstrument by reason of nny demand made by the or�ginul .. �---
<br /> � Borrower or 8orrowerk successors in interest. Any forbenrunce by Lender in excrcising nny rlsht or remedy shall not be a ,''��r�=
<br /> • . � �� waiver of or pmcludc the exercise of any rlght or remedy. • __ _
<br /> t �� y, . ' . 12. 3uccessors and Asgig�s Bound;Joint and Several I.iability;Casigners. The cuvenants and agreements of this ____ .
<br /> Secudty Instrument shall bind ond benefit the successors nnd assigns of Lender und Borrower.subject to the provisians of . ,� _
<br /> � paragraph 17. Borrowerk covenants und agrcemenGc shaU be joint and severctl. Any Borrower who co-+igns this Secudty �=
<br /> ' � Instcument but does not execute the Note: (u>is casigning this Secu�Ity Instrurnent only to motKguge,�rnnt und com�ey ihat �« ��•�'
<br /> . Borrower's intcrest in the Property under the terms of this Security instrument; (b)is not personnlly oblisuted to pay the sums "�z�"`' _�
<br /> � ,. ° secured by thts Secudty Instrument;and(c)n�rees that l.ender and any other Borrower may agree to extend,madify,forbenr °°'s'
<br /> , �� ., or make any uccommoduti�n4 with re�ard to the terms of this Security Instrument or the Note wlthout that Borrower�s ,. '
<br /> �� ,.�':.- -.
<br /> ___ ,,_ - -�
<br /> coasent. _
<br /> � . _. " � 13. [.oan Charses. If the loan secured by this Security Instrument is subject to a luw which �et� maximum loan ,,
<br /> • , charges,and that law fs finaUy interpreted so that the interest or other toan charges caltected or to b�collected in connecdon „ •
<br /> with the loan exceed the permitted limits,then: (a)any such lonn chArse shall be reduced by the amount necessary to reduce .
<br /> ' ` the charge ta the permitted limit;und(b)uny sums alrcady coUected from Borrower which exceeded pern�itted limits will Ge '
<br /> refunded to Borrower. l.ender muy choose to mulce this refund by rcducin�thc princlpal owed under the Note or by making u ,
<br /> ....._.._.L_.��._... dlrect payment to Boreower. If a refund reduces principul,the mduction wili be treated nx u pnrtiul prepuyment without nny „ . � :.:
<br /> ; ---�`--•----- ; �" prepayment charge under the Ivoie. -__--..___ . .
<br /> :�: ; .• ' 14. Nottces. Any notice to Bonower provided for in this Security Instrument shnll be gtven by delivedng it or by /
<br /> ,, muiling it by first class mnil unless applicnble law requi�e+use of another method.The notice shu�l be dtrected to the Property =�
<br /> • Address or uny other address Borrower designutes by notice to Lender. Any notice to Lender shnll be given by first class �s'�
<br />- • mail to L.enderk uddress stnted herein or any other address Lender desi�nntes by notice to Borrower. Any notice provided for " ��
<br /> , in this Secudty Instrument shnll be decmed to havc becn given to Borrawcr or Lender when given av provided in this ��i��� • '
<br /> ; i , arn ra h .',;�" s_�'_
<br /> .i � p gIS Cover�ing I.aw; Severebility. This Security lnstrument shult bc govcrned hy fedeml law und the law of the : //,��
<br /> JurIsdiction In which the Pmperty is locuted. In the event that uny provision or clautie of this Security Instcument or the Note :'��%' ••'`. �-
<br /> � � conflicts with npplicable luw,such conflict shull not affect other provisions af thi,Security instrument or the Note whtch cun ' "` ,i,
<br /> be given effect without the conflicting provision. To this end the provision. of this Serurity Instrument nnd the Nate are ,m�_
<br /> � ;•; . deciured to be severnble. _.. ':.'„��.
<br /> { ;,,� 16. Borrower'x Copy. Borrower shull be given one conformed copy of the Note and af thix Security Instrument. , _
<br /> � 17. 1Fensfer of the Property or n Beneficial interest in Burrower. It ull or uny part af the Property or uny intcre.rt in , �'l��
<br /> ' �• it is sold or trnnsferred(or if u beneficiul interest in Bormwcr is xold or trunsfcrmd and Borrowcr ix not u nntural penon) ° , -�;z-
<br /> " without Lender§prior written consent,Lender may,ut its option,rcyuim immedinte puyment in full of all sums secured by � �
<br /> ` ' ��'. this Security lnstrument. Howevcr,this option shall not tx:cxeni.ed by Lende�it exerci�c is prohibitcd by fcderul law as of �_ �;
<br /> , ' � the dnte of this Security Instrument. , �
<br /> . � , If i.ender exercises this option,Lender shall give Borrower notice of ucceleration. The notice.hull provide a period of -
<br /> '. � not less thnn 30 duys from the dute ihe notice is delivem.d or muiled within whirh Borrower must puy ull �ums:xcured by thix � � �
<br /> ,. • Security Instrument. If Borrower fails to pny the�e sums priar to thc cxpirution of thi�period, Lender may invoke any l �*
<br /> � remedies rmitted b this Securit Instrument without funher notice or demand on Borrowcr. l �s;
<br /> Pe Y Y
<br /> ' � 18. Borrower's Right to Reinstate. If Bocrower meets certnin conditions. 8orrower shull huve the ri�ht to huve '
<br /> ' � • enforcement of this Secudty Instrument dixontinued ut any timc prior to thc curlicr of: (a)S duy,(or such other period ax i��
<br /> Singk Family••Fnnnle Muel{�Yeddle Mnc t'NIFURM 1Nti'fR[�MFNT--Uniform C'u�rnam, 9l90 �paxe J njA paKesi
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