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<br /> '�`�'"�`}'4"'� condcmnoUuu��r o�ficr Inklny uf�my pnrt of tt►a 1'rn��cny.ur fur cunvcy+mcc in licu of randcnmution,i�r�ItcrcNy nssigitrQ uncf
<br /> ehall bc pald tn l.cnder.
<br /> _--- In �he ovcnt+�f o totnl laking aP dio Rupctty�the prceccds shall be applled to tho sumx �crurcd by this Seeurlty
<br /> Instn�ment. whethcr or not thcn duu,with any oxccs»pufd to Butrawcr, fn tho cvcnt af c�paR�ul tukfng af the Property in
<br /> which tho fair mazket vuluo of tho PropeAy immcdiately beforo tho taking in equul to ar greutcr than tha t+mount at tho sum9
<br /> ____ _ recured by this Sccudty Inetrument immediately befar� tho taking,unless Borrower und l.cnder oqunvise egree in writing.
<br /> " ' the suma secured by this Secudty Instrument shall bo reduced by the umount of tha praceede�multIplied by the following ___ _
<br /> ; � frcictlon: (a)the Wtal umount of th�auma secured immediately before the tolcing.divldsd by(b)the fair market vatue of the c
<br /> '' Pi+nperty irnmediately before the tuking. My balance shall be paid ta Honower. In thc event of a partiat takins of the
<br /> Property in which the fair market value of tha Properiy immaliutely before the taking is less than the nmount af the aums
<br /> ! secum,ct imrnediately before the tuking.unlesa Borrowet ctnd Lender othenvtse agree In wrlting or unless applicable luw
<br /> , ., otherwlse pmvid�s.the pracceds ahall be applled to the sums secured by this Secudty lnstrument whethcr or not the sum9 are
<br /> • �µ t; f .4 then due.
<br /> •,z�, .��;.._, If the Property Is abandoned by Botrower.or if,afcer nodce by Lender to Borrower that the condemnor offers to make �__ .___ _
<br /> . `�' '�'r an award or aettle a cla�m for damages.Borrawer fuils to respond to[.ender within 30 days uRer the date the notice is given,
<br /> •••�,�-�•,�;, �; Lender ia authodzed to collect und npply the proceeds,at its option.either to restoration or repair of the Property or to the
<br /> y` � . "�:`�'�;3 <•��•��x'f� sums secur�ed by this Secudty Instrument,whether or not then due. -
<br /> � ;'ti:�•� ��';� �t�� .r- Unless Lender and Bomower othernise a�ree In writing,any application of procecds to principal shall not extend or
<br /> �� : �,;, 't, postpone the due date of the monthly payments referred to In pan�graphs 1 and 2 or chnnge the amount of such pnyments. -- -
<br /> �.", ,;� ,,f 11. Borrower Not Released; Fbrbearance By Lender Not a Waiver. Extenslon of the time for payment or
<br /> ' •.:� modiCcntion of amortization of the suma secured by this Secudty Instrument granted by Lender to any successor In interest
<br /> 3�''� • �- . � . . '"� of Borrowes shaU not opernte to relcasc thc liability of thc original Borrower ar Borrowerk successors in interest. I.ender
<br /> —= yh�!:sai�sequlr:d ia ^ammcnca p:..c:.:.�ings aga�nst ���ucces:,ar tz i::c:e�:�r r�fi::,:,ta cz:;.��::me far�yrstcnt ar �,,�:._-- -
<br /> ��� otherwise modify amortization of the sums secured by this Secudty Insuument by mason of any dentand made by the original --_
<br /> ' Borrower or Borrower's successors in interest. Any forbearnnce by I.ender in exercIsing any r�ght or remedy shal!not be a '��y-
<br /> ; " waiver of or pmclude the exercise of any right or remedy.
<br /> ' 12. Successors and Asst gna Bo u nd;Join t a n d S eve r ai Li abi ltty;Casigners. T he cove n a n ts a nd ag re e m e n�s of t his �'/~.�"'l
<br /> �:._
<br /> � , Security Instrument shall bind and benefit the successors and a.ssigns of Lender and Borrower,subject to the prov�sions of ���:^_-'
<br /> paragraph 17. Harower�s covenants und a�rcements shall be jaint and several. Any Borrower who co-signs this Securlty ;.:�..,:
<br /> •. Instrument but dces not execute the Note: (a)is casigning this Security Instniment only to mortguge.grant and convey that . :��
<br /> . Borrowerk interest in the Property under the terms af this Security lnstrument; (b)is not personully obligated to pay the sums '��_;=
<br /> . secured by this Securlty Instrument;and tc)agree.s that Lender und any other Borrower may agme to extend,modify.forbear � ;�_
<br /> or make any uccommodattons with regurd to the terms of this Security Instrument or the Note without that Borrower's '��i�°-°--
<br /> consent. ���.:�
<br /> - 23. Lvnn �har�ea�. It'tiie iunn secured by this 8ecurity tnstrumenc is subject ro a law w6ich sets maximum ioan ���������-
<br /> charges,ond that law�s finally inteqpreted so that the interest or other loan chur�es mllected or to Me callected in connectfon '�''=��"`__
<br /> with the loan exceed the permitted limits,then: (a)any such loan churge shall be reduced by the amount necessary to mduce '''= •
<br /> the cha�e to the permitted limit;and(b)any sums almady collected from Borrower which exceeded permitted ltmits will be �� ��'Y v
<br /> ;_=_
<br /> " refunded ta Borrower. Lender may choose to make this refund by reducing the principul owed under the Note or Ey making a :�
<br /> direct payment to Borrower. if a refund rcduces principal, the rcduction will be tmnted as a purtial prepayment w{thout uny
<br /> ;',.� �
<br /> prepayment chargc undcr thc Nutc.
<br /> 14. Notices. Any n�tIce to Bormwer provided for in this Sccurity Intitnimcnt sholl be given by delivering it or by � ' -
<br /> , mailing it by fint cla.s muil unlezs applicuble luw reyuirrti u.e af unother methai.The notice.hall be directed tc the Pmperty �:�:
<br /> , , Addrcxs ar any cxher uddmtis B�irrowrr de�ignuteti by nutice to L.ender. Any notice to I.ende�shall be given by first claes "
<br /> muil to Lendcr+addre+s.tutcd hcrcin or uny othcr uddrc+.Lcndc�dc.ignatc.by ncitirc to Barmwcr. Any nnticc provided for
<br /> " in this Security Imtrumcnt thall tx d�Cnud tu h;�vc bcen givrn a� Burc��wcr ur Lrndcr when given u�provided in thiti -
<br /> ! purogcuph.
<br /> 15. GoverntnR I.aw: tievetubUity. Thi+ Sccurity Imiru►nent tihall lx NuvcmeJ by fedcn�l law and the luw of the ' �
<br /> • juriufiction in which the I'mpcny i�liknted. In the evrnt ihat uny provitiion orrluuu uf�hi.Srcurity In�trument or the Note �,
<br /> conflicts with upp�icablr Iuw,.uch conflict.hall nut affrrt otixr{�rovi�iom of thi.Serurity In+trument c�r the Note which run ° '
<br /> be given eftect without the contlictin�: pruvi,iun. Ti►thiti rnJ the pruvi.iun+uf thi+ Srcurity In.trumrnt and the Note arr
<br /> - ' J��clured W tx:,c�r�ubtc. � ,
<br /> � 16. Borro��e�'s Copy. Bum►wcr.hall t+c givrn onc run(ortnrd copy uf tln hutr and of thi.Serurity In.trumcnt. �
<br /> t7. 7ti-Ansfer af the Property or a lieneficiul Interest In liorru��cc It�all ur am•pun of thc Praperty ur:my intem�t in
<br /> it is wld or tran.ferned(o�if a t+enrfici:d imerr�t in Barn►��cr i��old ur tramfrmd :tnd $orroarr i.not a nutural peruml �
<br /> without l.ender;prinr writtrn ron,ent, Lendrr may,at ih��ptiun,rcyuin immediate pa�mrnt in full of all wm�,ecured by
<br /> . this Security Instrument. However,thi,i�ption.hall nut tx rxerci�ed b�l.endrr if esrrci.r i.prohibited by federal l:�w a�of (
<br /> the date of t his Securiry In.trument.
<br /> If Lender exerci+e�thi.r option.Lender+hall give Burco��cr nutirr uT arrcleratiun. Thc nutire.hall pmvide a prriod of •
<br /> not lesz than 3p days from thc datr the notirr i+delivrnd��r mailyd��ithin which Borr�x�er mu.t par all,um..ecumd by thix �
<br /> Security In�trumcnt. If Barmwer fail�to pay the.e tiuni� priur tu the expiration��t'thi, Fxriexl, Lrnder may invoke un�• �
<br /> rcmedie+permitted by thi,5rcurity In.trumem w�ithuut funhrr nut ice��r demand un iiurn�wrr. �
<br /> 18. Borrou�er's Rt�ht to Reinstate. If &�iTa��er nt�ch �erlain runditiun,. KurcoNCr .hall havr the right to have •
<br /> �• enforrenxnt of thi. Securiry In.tnimrnt Ji.continued at an� timr pric�r to the earlier uf: ta1 5 da}�•lor�urh other pen�d a. �
<br /> tim�IcFem�l� �Fnnnie�fne}'reddlr\fucf�lt'OH111\ti7Nl�tE\t-l nd.�mie'�acurnt. v%90 �pdcrd��/nlrreru
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