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<br /> '�"-�� -�'�� condemnation or other taktng of an art of the Pm ynnce in licu of�o'i entnntlsm,nro hei�N u�,�+l;n��i1 uurl
<br /> y p perty,or far conve Y �
<br /> ._r�;.;,��� shall i�paid to Geader. --
<br /> -,_�-��.� In the ovent of a fotal taking of tha Progerty, thc proceeda shal{ be npplkd ta tha e�nnx BCCIItC'I) I1y IIIIH 41:I:tlYlly
<br /> -_- 3nstrument,whether ot not then due,with any excess paid to Borrower. In the evcnt af n purtiiil takiiil3 i�f Uw 1'rripr,�ty lu
<br /> ::.-..�•.:.�i,�6:�;�:� which the fuir market valae of tha PropeRy immedlately before the tuking ia cyual to ar grcuter thun tho unucunt of'Itw En�mN °
<br /> _ :;}_.;..,.?„�,�,�:- secured by this Secudry Inovument immedistely before the takln�,unless Borrowcr und l.ender nthcrwlKU ngreu in wriHn�,
<br /> _ the sums secured by this Secudry Inatn�ment shull be reduced by the amount of tise proceedx muiNpHed hy Ihe fidlowlnES
<br /> =�:��,�;���r���{'�� fcuction: ta)the total emount of the sume secured Unmediately before the tuking.divided by tb►the tulr murkct vnluc ul'Il�u
<br /> --` '``� Property immedtately befo�the taking. Any bafance shall be paid to Hotrower. !n the cvcnt �t u piirtiid tnkh�y ��f Iho
<br /> °'�^-.,.� . % Property in which tl-,e fair market value of the Property immediately before thc tuking IK lexa thun th�•nmaunt��f thr Humx
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<br /> �,r��:,__;;,�;��'��`., secured immediately befure the taking,unless Borrower and Lender atherwise agceo in w�iting or unle�:x uppUcnbla Inw
<br /> ;.;��-. .;'.: otherwise provIdes.the proceeds shali bc appIiecl to the sums secured by this Sccu�ity Instrument whether ar ttut!hc wumK n� -- -
<br /> ` , j.�., then due.
<br /> �'Y�"'�.�. . � .'�.' If the Property is abandoned by Barrower,or if,after notice by Lender ta aonower that the cnndemnnr offer.►t��mnkc
<br /> `•"''`'`'•"�'��,� . an award or settle a clelm for demsges,Bottower fuils to respand to Lender wtthin 30 days ufter the dute the nutfce ix givcn,
<br /> ° �' ` . Lender is suthorized to collect and apply the proceeds,at its optfon.either to restorution ar repair oF iho pmpetty or to ihc
<br /> � sums secured by this Security Instrument,whether or not then due.
<br /> " Unless Lender and Borrower otherwise agree 3n writing.uny application of proceeds to princlpul eh►dl nut extend ar
<br /> , �� �� postpone the due date of thc monthly payments referred to in parag�aphs 1 nnd 2 or change the umount of xuch puyments.
<br /> . • • 11. Borrower Not Released; Forbearance By Lender Not a Weiver. F.xteneion af tho timc fi►r puymint or
<br /> � .' modification of amortization of the sums secured by this Secudty Instn�ment�rm�ted by Lendor to uny xurce�;.r•ur in intercst
<br /> � af Barrawcr shall not operate to releuse the liaUiliry of the original Borrower or Borrowerk succexnan in interest,I.onder �_
<br /> shall nat bc required to commence proceedings ugainst nny successor in interest or refuse to extend tfine fur puymcnt or �..
<br /> . otherwlse modify amortization of the sums secured by this Security Instrument by re�.con of uny demund mude by tha ari�inut
<br /> , . Borrower or Borrower's successorr,in interest. Any forbearunce by Lender in rxercising:uiy right or rcmedy Khall not be u
<br /> ' waiver of ot preclude the exercise of uny right or remedy. �_ `
<br /> ���', 1�. Successors and Assigns Bound;Joint and Several Liabiltty;Casigners. The covenantw und ugreemQntx of this �
<br /> ' ,� Security Instrument shall bind and bene�t ihe successors and assigns of Lender and Borrower,subjcrl tc�the provisionK<►f �...
<br /> •- paragraph 17. Borrower's covenunts and agreements shall be joint nnd several. Any Barrower whc►co-xlgnx thiti Sccudty =_
<br /> Instrument but does not execute the Note: (a)is co-signing this Security Instnrment only to mortgugc,gnmt iuid conv�y thnt _
<br /> �� B o r r a w e r's i n t e re s t i n t h e P r o p e rt y u n d e r t h c t e r m s o f t h i s S e c u r i t y I n s t r u m c n r, (b)is not p ersonull y obli guted t�►pn y ihc�umn e
<br /> ��� secured by this Securiry Instrument;and(c)agrees that Lender and any other Borrower may ugree to extrnd,madit'y,tiirheur
<br /> � or make any uccommodations with regard to the terms of thiti Security Insttumem ar the Nas withuut Ihi�t H��rc.�werb
<br /> __1_ consent. -
<br /> ��-��- I3. Loan Charges. tf the loun�ecurcu �} iiu. SC�utiiy Lii�iPUiii�iit ii �ubjcct tu a !au whicls �:c:t� rt:axist:usti lcran -°—�'1
<br /> charges,and that luw is finully interg�reted so that the imerest or other laan charges coliected or to�x rollrctrd in ronnection v
<br /> - . with the loan exceed the permitted Gimits,then: iul an} such loan charge shall be reduced by the r�mnunt necc++ury to reduee _
<br /> the charge to the permitted limit:ar.d(b)am sums alrendy collerted from Borrower which exreed�d pem�ittrd limit+will be
<br /> refunded to Borrower. Lender ma�rha»r ic.makt Ihis refund by reducing the prin¢ipal owed undcr thc Note iir by muking u =
<br /> � dimct payment ro Borrower. If a re9'und reducex principal.�he reduction will be�rra�ed uti u purtiul pmpuyment without uny _"
<br /> pmpayment churge under the Note.
<br /> 14. Notices. Any notice to �onower prrnided for in ihi. 5�curity lnstrument shull be given by dclivering it ��r by �
<br /> muiling it by fint cluss muil unlr.,a�plirable law requins use of anothcr methcxl.The notice shul)tx directed to the Pmperty �
<br /> � �� Address ar any other address Borrc�wer de+i�nates hy notice to LenJer. Any notice to Lender+hall tx given by fint clu+x �4-
<br /> muil to Lender's uddre+s+tuted herein ar.�n� ath�r addre+�Lender designutrs by notire to Borrc>wer. Any notice praviJed for m•?
<br /> � •�� in this Security Instrument shall bc dcrmed to havr heen givcn to Borrowc�or Lender when given u� proviJed in thiz
<br /> �. parugrnph. ��� `
<br /> � 15. Governing Law; Severabiliiv. Thi.r• Securiry Imtrument .hall bc gi�vemeJ by f'eder.►1 law and the law of thc �`'�
<br /> jurisdiction in which the Property is ioc�ted. In the evcnt that any provi,ion or clau,r oC thi.Srcurity In+trument or the Note �.,„�
<br /> conflicts wilh applicable luw,�uch ronflict xhull not af'fect othrr provisiom i�f thi,Serurit� Ln,trument or the Notr which cun
<br /> be giv�:. efFect without the contlicting provitiion. To thi�end the provitiionti ol'thi.Srrurity In,trumcnt and the Ncite nre
<br /> derlarcd•:.>be severable. �•
<br /> 16. �orrower's Copy. Born�wrr shall Ix�:i�rn anr c�mformrd cnpy eit thr tiutr and of thi.Security In.tnunent.
<br /> 17. Transfer of the Property��r a Bencficiul Interest in Borro��•er. [f:�II�u any part uf the Pruprrty or uny intcrc.t in :
<br /> it i� �old or transferred lor if a heneficial intemst in B��rro��er iti sold��r tramfrrred and Borrc�ti-rr i�uut u nuturul Fxrson)
<br /> withuut Lender;p*iur writtrn con+�nl.Lender m.iy,at itti uptic,n.rrquire immrdiatr paymrnt in t'uU of:►ll �umti tirrunJ by
<br /> . thi�Security Instrumcnt. Hawever.thiti c�ption,h:�ll nut hr ex�rcitird hy Lender if r�erri+e i,prohihitrd hy fcdcral law u�of
<br /> thr d�U<<�f thi�Srcarin Intitrument.
<br /> ° If Lrndcr rxerci+e�this e�ption. Lencl��r�ha)1 give Borro�vrr nuiire at'arrrleratiun. Tlie nutic�.hall provide u peri�xl ot�
<br /> nol Ic��than 30 d:�w frum thr datc thc nrnice i�d�ltvrr�d c�r m:til�d�vi�hin�e'hich Burr���c�r ntu,t pav.�II�unt�+uCUred by thi�
<br /> ticrurit�• In.trumrnt. 1"� Borro��cr fail., to p:��• thctic ,um� prior tu thr cxpiratiun ��f thi, penud.�Lrndrr ntxy im•o{�� un�.
<br /> n�meQir,{xnnitted by thi.Serurity lnstrt�ment��•ithnut lunhrr notirc��r dem:uid on F3��rc<n�rr.
<br /> IR. Borruwer's Rikhv to iteinstaie. lf Rurrrnn•r mcet� rcnain r�m�iitinn.. Burro��rr .hall ha��r thr ri�ht tci hu�•r
<br /> rnl�arrtnrnt i�f thi.Scrurity ]n,lrumrnt di.continurd :n xm•�imr(�riur t��ih�rarl��r uf: �:u 5 Ja��Iur.uch uthrr�kri�xl:�� ,
<br /> S�nt!rF.mu1�, hunnic�tuc/Frrd�lie�facl\1F(1R�11�ti1R1�1E\'1 Imt.�nuc���ru:m�, Y'90 �p��1rJ�,����ti�p.i
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