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<br /> � � candemnation or other taking of any part of the Paup2rty.ar for conKcyance in lieu of condannation.ace 6ereby asslgaed and � . � �.�},� - _
<br />`;�ti �.._: f • shaU bc paid to I.endex' , � ` � ' , ___�__�_?�p -- ._._
<br />_,� I ia the event of a tatal tatdng of the Pro�ty, the praceeds sf��i l ba applied w t he swns sec u r e d by t h is Secuaity _
<br /> �? Ins�uneut.whethcr or nof then due,with any exces�paid co Barmtver. In tIte event of a partiai aking of tite PmpenY iu � -
<br />- �-,��,:�. -�.�r�.':- . •which ihe fair mazkei vatue of the Pro�settJr immediately befoie We taking is eq�1 to or greater than the antwmt of�he sc�ms 't ,� - -,
<br /> � ' � ` •,..� secund 6y this Security Inso�ument immediately 6efoie the�ng,unless Bmm�ves and Lender othonHise agr�e ia writm$,� � ` ` �,y,
<br /> Sec
<br /> " '��•-`4-,, : - `�the sums se�uied by this Seattity Insuument shall be red¢ced by We amount of th�prooeeds muttiplied byt t�e foltowing . - -
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<br /> � ` � .' „ fmction: (a}the total amow�t of the smns secu�ed immedianely 6efare die ta�sing,divid�by(b)the fair market value of the � -
<br /> ' `� ` Proge�ty iramed'iatelY befo�the tatci�g. Any batance shall fis paid to Bor�wer. Ia ti�e eveat.of a pa�al taking of the - � - -
<br /> .� , '• ': ' Pivperty ia wtueL the fair ma�4cet vaiue of the Property immediatety Uefore the ta�ciag is Iess than the amount of the sums � . _
<br /> ,:� s•;��r. .. " secured immediatel}r before tbe taking,unIess Sorrower and Leader othervrise ag�e in writing or vnless app,ficable�aw �
<br /> �tx .: otherwise ptovides,tLe piocxeds shall 6e appi�md ta the snms secatred 6y this Seeurity Ir�suument whether or not the sums are. �
<br /> �'' �` ' `� then due. ' -
<br /> ._a.�:,..:,�:,,.,<<• . � . � • . --
<br /> :,,{ � �';j%::ti{�,�:,,r If the F'raperry is abandoned by Bouower,or if�after rrotice by Lender to 8ortower that the coademnor offers t�raake .
<br /> '.!t'_`�_3.....�...°'::--.:s��., ` an award or settIe a claim far damages,Bmiowes fails to respoud to I.eader witt�in 30 days after the date th8 notice is givett, '; -
<br /> '.fc - Lender is anthorized to collect and apply the ceeds.at its option,eit6es w aestoration or ceQair of G��Propeny or w the � - � . T
<br /> , � • sums secut-.,d 6y tbis Sec�rity Instniment,wh�or not then due. � ;-`".. ..
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<br /> Unless E.ender and Bmrower othenvise ag�ee m wtiting,any application of pruceeds to princ�'i..�'�..,aa11 not extead or,
<br /> _- �3 postgone the dne date of We monthiy paymenrs refcmed to i�paragraphs 1 and 2 or cbange the amaunt.'t�si:ch paymeotsi. ` r �:`
<br /> ?.� - 1L Borrower Not.Re[�; F'orbc�rartoe By L� PIoE a Waive� 'Extension of the iime fos payraeni,or•. ,.., �.. :,� � •�
<br /> . .,. . _ . .
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<br /> �madification of amortization of the sums secumd by this Seculity Instr�ment gtanted by Lcnder to arry, saccessor m ini�rest :�,,.:., �� _ �
<br />- ...-: -- - of Bm�awershaU aot operate to retease the Gability of lhe original Bonower os Borrotvcr's succe.scc�s in�terest.Ixndor ' - . • ' '•� �' "-�
<br /> . � shaU not be iequiied to oornmence proceedings against any successor i�interest or Tefuse to eatead 6me for payanent or F - - -F
<br /> , otheraase madify amorti7ation of the sams secured 6y this S�curiry L�swment 6y�eason of any demand made by the ong�nal Y_
<br /> '' �::.. ., .... :> .:: _ interes� Any for�earance by Lander in exerEising.,any right or remedy shall not be a .:=.:• ". .
<br /> •.. .�_. .,..:----..:- . - _ ' .." . :
<br /> �Bormwer or Borrowerk successors in . '�.-.;;•:.,a;;� - _..
<br /> .- . . : . . . :. _} _.. . .. .. waz--- - ---- - - -- - .. _ . . .. .. ._ . . _
<br /> `ver of oi pceclude ih�ex¢c�i��Of�Iy dgfli 8T ierlialy_ ;`�" ' � "�',��G�`,�� 4 �v� ;
<br /> 1Z. Suoeesso and Botand;doint aad Several I.tabili Co-si�tters. 'jt��ovenants and a menu of this �'?�����''�������
<br /> .. FS . � �'s S� :,.r;�,�1F�•'•.... ' .. _;
<br /> - �� � Security L�uument shall bind and benefit the successors and assigns of Lender and Bortower.sui%�«t:to the provisions o f - ���+3'�`�`> " -•=�' "'�•-_
<br /> ;;.,,,.,.,-r,._:.. . ...v�. .
<br /> : � . . • paragraph 17.Bomawer�s covenants and agreements shaU be joint and aeverat�Any Borrower.��-+ri��igns this Securhy •. ,,•• , '_
<br /> ... _. _ . I�trument but does not eaecute itte Note: (a)is vo-signing this Security Instn�rhent onl tfl tnor��°«;:j;�ant and convey that _ � �-
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<br /> � Bamnwer�s inter�est in the Ptoperty under the tertns of this Secerity Inswmen� (b)is not�Oa-�.�:'}*�%�,�aied to pay the sums � -
<br /> . ' ' j s e c u t e d by t h i s Secwity Insauinen r an d(c)ag�es t h a t L en der a nd a ny o t h er Bormw.e¢r�,�,��;.�.:'�.�=xtend,modi f y,forbeaz . �'�/� ��
<br /> J Qr matse any,accommodations with regard to the tem�s of this Security Insm�r.ient�i��:�ti�'w`�out that Borrower's ;�, •:;�::�?� .a?;, '
<br /> .: . CdI15eRL �� ' �,t '''�". S '
<br /> �l �. ._:.. .. . ' . 13. I.oa�.�fiiniges. If the loan secured by this Securiry InsErument is subject to•a law a�.�h�sets maximursn,lvart, � - ���.`- ,-_�
<br /> i � � „ eharges.and t�J,'�iar is finally interpreted so that the inte�esc or other toan civirges collected or to be eollected in connecti�on � "
<br />- �'':��7� � tvitt�t the loan exce�!the permitted limiu.then: (a)any such lo�n charge shall be reduce�:by the amount necessary to redetce ;�._ �`:r;'•�;;:,. :r „�;
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<br /> ;;_� d r� e to t l ie.permi tt e d l i mi�a n d(b)a n s u m s a l re a d y c o l l e c t e i l fr om Borrower w-f�;��:eaceeded emutted hmits wtl�6a r: :,,''x�,�'��;:
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<br /> - .; < �.... ...:�.�"..:....:....:..�'• cefrmded to Bomnwer. Lender may chaase to make tlus refund by redacing the principa�awed under the Note or by msiking n ,�,:. :.'.=�;_:' :� •
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<br /> -' � " ds`�ct payment ta,Borrower. if a refund red�s principal,the reduction wii2 be ueated as a partia!�ncgaym�ent.withuut any
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<br /> ,_ -- --- --. - P�Yment char�t.�:.,�'.er the Note. ,: :, :, _�,.i.-- _: ���. ':.::,
<br /> 14. PIotIcas:�An`y nouc�to Borrawei provided for in this Security ltu�teument shall be gaveri'�y delivering it or by , . sr,y'"
<br /> � muiling it by first class maiJ�.��•��applicable law r�equires use of another method.The notice shall be directed to the Property ;f� . ' ��'
<br /> •;r,;,;t1<:;,•.,: .
<br /> Address or an y other address�o(rower desi g nates b y notice to L.ender. Any no6ce to Lender shall be given by fust class °=-.�v,;%:• •�•.•�r•' �
<br /> ' ,,,.... ,.. ..
<br /> ;; � - �� � mail to Lender's ad¢ress sta[ed herein or any other addness Lender designates,by nodce to Borrower. 11ny notice provided for �� •���r�::,• � t
<br /> :�'i;:,�::. k,�„ ,, .. :
<br /> : in„this Securiry:'fui�.-�-ument shall 6e deemed:r,a !�ave treen giveo to Borrowes or Lender when giv.en as provided in this ;��,�,�.• , _,,,�Ji� _ �•_
<br /> , � ' ' P�&�Ph• ' ��' ` ��,:,, ^s r���
<br /> t 3 G 1S. Gover��g Law; Severability. This Security Inshvmcnt shall be govemed by federal law and the law of the� �" , . �� 7 �.::
<br /> -�' f .� * 'on in which the ProF�tq���s tocated. In the event tisat any provision or ciause a�:.�is Security Insrrument ar the Note � .,�,,,�,/'�•
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<br />_.�{ .: , �:h�.;:���.- ;-c r•r i#'i�i:�s w i t A a p pli c abte lawr,�s.��r.,onflict shall not affect ather provisians oF this Secc�ni_�ti�strument or the Note v.t.ich can I� ,,.._ _
<br /> 'S '��. `� �-�� �� ';i��p-u�rn effect without the cti.�Tt:::ting provision. 7b this end thc provisions of this S;°:atiry Instrument and the Note are ;,
<br /> ,{;r; ?'=°` . ` ��:�:�:+Jsred to be severable. . ,,, , .. ;,.• ' . ; _
<br />"t� `' � ' 16. Borrower's Copy. Borrower shatl:x.given one confortned copy oE the Note and of this Security InstrumenG .. �
<br /> -�;. ;��; � 17. 7lransfer otthe Pro;�erty or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in ;';: . ��' �;' :_ .
<br /> " it 4�'sold or iransferred(or if�'S�neficial interest in Bortuwer is sold or transferted and Borrower is not a natural person) ._'.: #'•. .>;;�-�;.
<br />=l:; ; . - .. -- �.�iiiuLt l.ender's prior writtea�:�..'��sent.Lender may,at its option,require immediate payment in full of�11 sums set�a-rs�!sy r . ' .'. .-°
<br />=y��.'< ` tla:�.5tixurity Inswment. Howec�r.this option shall not be exerzised 6y Leader if exercise is prohibited by federa4�1's:-�u��;;c�;,,��;':• �
<br /> '-;:,;. ;,: � .
<br />�,:, the�d�te of this�urity lnstrumen� ' . ' . . ; : �
<br /> '•' If 1.ende�F:rrcisas this o t�on.Len��r�i�all rve Bomower notice of a�celeration. The notice s[�::il rovide a erod oE'•.• �
<br />�-•���- ' - . P� S P P , .
<br />-- nut,t,,sg than 30�ays fmm the�ae the notice is detivered ar mailed within which Borrower must pay�:�i s�ms sec;.:.�U��i�is� � `+� ,
<br /> �aarr:ty Instrumen� If Borr�+a�r�r�aits to pay these sums prior to the expiration of d��.s period.I.ender ma}+,ia,a�.i�l:x�ai►y �
<br /> "" t��in�;ies permitted by this SecuT��`i.�s;?��fi�e�t without futther notice or demand on Bo:m,�3:�r. ; '
<br /> '��; ' ''I8. Borrower's Righ2 tu��'�„�,ik.'.if Borrower meets certain conditions. Borrower shal!�va t':e �:�it to h�ve �
<br /> ��: i .;t � ' ehforcemens of thi�.Security l�ros�:,c►riest da��:r.,tinued at any time prior to the eadier of: (a)5 d�ys r,��rr�a��a bther period as .' . ' ,�.;'';,:
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