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<br /> ---'-- v--� conder�tnedon or otl�er toking ot oay part of tho Properiy,ar for cnnveynnce in UeW af condsmi�atEon.acu hercby asstgned and „
<br /> shnll be:patd to l.ender. �_
<br /> __ ___ :_�� In the evant of a totul trJctng aP the Pcoperty.tha proceeds�hull 6e appUed to the sums sec�red �y t�rts S►cudty =
<br /> _--�;��T�� instrument.wh�thar or�ot then due,wlth any excess pnid ta Borrowcr. In the eveni of u partlai taking ot tho Pmpetty in `�- -
<br /> '"" " " --- wAtch tho foir maricet value of tho Pnoperty immediutely before thr talcing is equul to or g�uter thun the amount of the sums —
<br /> __,
<br /> -.�o securcd by thls Security Inswment immediatcly befo�tha taking,unles.g Bocrower and l.ender otherwise ngtrs in wdUng.
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<br /> ��--•=��� tha�sums secured by thia Security Insuument�sha11 t�reduced by tho umount of the pmceeds muitiplled by the ollow ng
<br /> -'°"''°�°' imction: (n)the total amount of the sums secuced immediately befote the G+king.divided by(b}the fair market value of the r
<br /> �,:���- PropeRy immediutely befom the taking. My batance shutl be paid to Boirower. In ihe event of a partial tnking of the
<br /> �:��*�;r� Property in whtch the fuir murket vulue uf the Prop�rty immedlately befo� the wking Is less thon the umount of the suma —
<br /> ;.ct;i4:�;�� -- secu:cd In�r�edistcly l�fas+e the taScing.�nlcss Barrawer sm! I.ertder olhettYl:x agree in writ�ng or anless a�lica6le!nw �_--_
<br /> �k�•r',�,�.: otherwise provides,the proceeds shall be app[ied to the suma secured by thts Security Inswment whether or not the sums ac�e _
<br /> �;.�.,,._„_,_ thsn due. —
<br /> '` =''�t't�- �'��* If thc Pmperry is abaedoned by Borrower.or if,ufter not[ce by Lender to Borrower that the condemnor of�'ers to muke
<br /> _�?�;t�,��c.,�• _
<br /> ;,;�},�ti j��''�. i�n uwmd or settle u ct�im for damnges,Borrower fui1F to respond to I.ender within 30 days after the date the notice ies�iven, —_
<br /> ...:,, �•�:• •, l.ender ia uuthari�ed to collect and upply the pmcecds,ut its option.oither to restoradon ar sQ�air of the Property or to the __
<br /> , . _ sums secured by thia Secu[ity Insuument,whether or not then due.
<br /> ::��-.� Ualess I.ender and Bomower atherwire u�eae in wrlting,Any s��ti.catton off Qrotoeds ta prur.cigal stra�t��a1 exceu�d�� !�'�
<br /> `, ,• � pastponE tho dua date of the manthly pay�nenu cefern�t,o in paragrapfzs G a�aci�2 Qe c�r,�nge the a.nzwr,�r:s oi suc�►pa�ratteaes. `=-�;=--
<br /> ,,.;,,�..��,;�,��,�, I1. Bora�owc�r I��A E3¢�eare�; E�ali�Caaa.va,cr.e¢ Dtg Q.a�d¢� 1�c�Q m 9'Ym6rar. �xoznsiom of r,�e ¢urce fc�r �paynnent �r -
<br /> , �• modifieatccm.aE�.cr�ur�ati:vn.o£tR�sums sxvzvd by ti�is Seeuriry i,�srteeumenn gicxnned!by iLen.der to a�,y s�p i�firtterese `�,
<br /> of B�rrowec sJ�a1!�r.oa oper:z:�to reL:a.s�e che iIabitiry of the origin�Q 6orrowcr or�rrov.-er�5uca�rs io :ttteuxse.H.ert�er � �'-
<br /> , shnll not ber�q�co cc�rnmence procee�ings uguinst any successor in interest or refuse to extend time for graym�ent�r �::�_���
<br /> . ' otherwjse modify smo�ciza:tion of the sums secured by this Security Instrumem by reuson of any demand ma�e Dy the v�ri�gi�U —
<br /> " ' Bomnwer or Bornower'�successots in interest. My forbesvance by Lender in exercising siny right or reraoa�y sI'ralt not be a �"'"?�r:
<br /> ° w�tver of or pneclude the exenise of any right or remedy. �;�*�'
<br /> 12. Suece�.smrs and Asslg�s Bovnd;Joint and Stvera!Llabtllty;Co-stgetees. 'Ihe covenants and agrmerc�ents vStt`�r� '''--�_-
<br /> " . Security Insuumem shall birtd and bertefit the successors and assIgns of L.ender and Borrower.subject to the pmvisfans crff .�3�i_—•
<br /> parngaph t7. Borrowerk covenants and agreements shap ba joint and several. My Borrower who casig�s th(s SenucCy : __
<br /> Insnvment but does aot execute the Note: (a)is co-signtng this Security Instrument only to mortgage.grant and convey that -°����--
<br /> .t''��.-.Y.:
<br /> Bomowerk interest in the Properry unde�the terms af this Securiry inswmenr. tb)is not personally obljgated to pay the sums �:��r.��
<br /> secured by this Security Inswment;su►d(c)agnees that I.ender and any other Borrower may agt�ee to exten d.modi f y,forbear ��'#�''` -
<br /> "r _�
<br /> � � or make any accommodations with mgard to the terms of this Security instniment or the Note without that Bomower's ;,�
<br /> ,. „ consent. ";�:,;�__
<br /> � t3. [,oan C:hatges. !f the toan secured by th�s �ecnnty Instrument is subject to a iaw which se[s ma�cimum loan ° ;;::�;;,�x;
<br /> ��' ' char es,and that law is finall mt reted so thut the interest or other loan char es colletted or to be collected in connecuon � '-'-'`�' `
<br /> B Y� �P 8 •:���.;=_
<br /> with the loan exoeed the permitted limits,then: (a)any such lonn churge shall be r+educed by the amount necessnry to ceduce '�� •�-
<br /> , , the charge ta the permitted limit;and(b)any sums aiready collected from Borrower which exceeded pertnitted limits will be '''�'°`"'"
<br /> � refunded to Barrowe�. Lertder may choose to make this cefund by reducing the principal uwed under the Note or by muking a '.
<br /> : ' ' dircct payment to Borrower. If a refund r+educes pri�cipal.the reduction will be treated as a partiul prepayment without any •
<br /> ; prepayment chprge urtder the Note.
<br /> 14. Notices. Any notice to 8orrower providcd for in this Security Instrument shall b�given by delivering it or by
<br /> �_ muiling it by Crst cluss mail unle,s uppliruble luw requires use of another method.The notice shap be directed to the Property
<br /> , Addmss or any other address Sorrower designutes by notirc to Lender. Any noticc to L.cnder shnll be given by tirst class
<br /> � mait to I.enderk udd�ss�tutcd herein o�any other uddn��s Lender Jesignutes by notice ro Borrower. Any notice provided for '
<br /> '•��;=.• in this Securiry Instrument shall be deemed to havc been given to Borrowcr or Lender when given as provided in this
<br /> . . P�B�Ph• .
<br /> • I5. GovernEng I.aw;Severability. 'Ihis Security Instrument shall be govemed by federal law and the law of the �
<br /> • jurisdiction in which the Property ir Icicated. In the event thnt uny provision ar clause of this Security Instrument or the Note
<br /> . conflicts with applicabie law,such conttict shall not a�ffect other provision,of this Security Instcument or the IYote which can
<br /> ' be given effect without the ronflicting provi.ion. Ti�this end the provi,ions of thi�Serurity Instrument and the Note une
<br /> �'��:` '' declaredtoheseverable.
<br /> v.�'��� '� 16. Borrower's Copy. Sorro�ti•er shall he given one conformed copy of the Note and of thiti Security Instrument. '
<br /> 17. Transfer of the Property or a Beneficial Interest in Borrower. f f ali or any p:ut of the Property or any interest in .
<br /> it is sold or transferred(or if a beneficial interest i� Borrower is sold ur tninsfcrtc�d and 8ortnwer is not a naturaf penon>
<br /> • , without Lender's prior written consent,Lendrr may,at its option,rcyuire immedia►te payment in full of all sums secured by •"�'
<br /> � ` this Securiry Instrument. Hnwever,thi��,�+tion eh:�ll not Fx�excrcixed by Lcnder if exercisc iti pmhibired by fcderal luw aa of �S.ti�`:��.
<br /> ' '�� � the dare of this Security Instrument. ,..
<br /> � '�"' If Lender exercises this opiion,Lender�hull give Borcower notice of acceleration. The notice shall provide u period of � .
<br /> t not less than 30 days from the date the notice is delivered or mailed within which Borrourr mu.t pay all sums secured by this F'��
<br /> Security Instniment. If 8orrower fs�ils to pny these �umti prior to the expiration of this pericxi, Lender may invoke any j���`
<br /> . remedies perrnitted by this Se�uriry Instrument withaut funhcr notice or dem�nd on Borrower.
<br /> 18. Borrower's Right to Reims�4�r. If Borroa•er mect� �rnain cimdition,, Borcuwrr,hall havc the right to huve
<br /> enforcement of this Security [nstrumcn-�ti.continucd at any tiex�;ariar t�the earlier of: tal S days(or wch other period as
<br /> . Smgle Fund�--Fannir�faeR're�tdie Mac l'�OFa)R11 1`�TQ291lff.:�T••l'mf�xm Coccn:uu+ 9l90 rpu��4 of A/xlge.0
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