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� ••.' t� �ia; ... �ri�:, . <br /> , . <br /> ,.�r tftf � t�3 ,."' <br /> , ; � <br /> _ ��� � ;,.� � _ <br /> _- _ .. ..__ � --- — <br /> � ��r� , <br /> _ - -- - --- <br /> 1L <br /> _' '.,FS Se o�!,%�. <br /> .._ .... � . ' _ <br /> � �4� ,� � <br /> ._ .____—___�v_� conctemnation or alher caicfn�af any pa�t of tha Propncty,or for co»veyanca in lieu of eondecnnatlan are �en�a'�asigneci and <br /> shall bo�ald ta L.cnder. <br /> !n the event of a total taking of tho Property�the proceeds shall be applietl to tlie sumy isecured by thi.s Security <br /> Instrwnent,whether or not¢hen duo.with any excesa p�id ta Bormwar. Ii�tt�e event Qf a partiai.j�lcing of tho Property in <br /> whlch�he fair market value of th�Property immediately beforo the taking is equul ta or grcater than the aet►aunt of thn Rum� <br /> secun0 by this Secudty Insuunxnt imme�irtely..befo�the txking,unleas Darrower ettd l.cnder otherwi�e aQroo in writfnQ, . <br /> the�ums secured by this Secudry Instrument ehatl bo reducal by the amount of the proceeds maltiptied by the fnllowieg <br /> --------� fnu:tiaw la)�i►e totel w-nount af iiw sun�s sccurcd Ii�mtediat^.ly lsafozc tFe tahing,divItled by(h)ihr.iHir mRrk�t val��a of Ihe �__- <br /> PtoQerty immedlately before tha taking. Any bAleme ahill bo paid ro Borrc�war. In the ovent oP a piuti�l t�lcing of the <br /> Propec�� in whicfi thc fair mwicet velun of the Praperty immedtatoly bcfon the taktng ia less than th�e umaunt of tho Rums <br /> secu�ed i�mmediatcly befone thc tak[ng, unloss Borrowcr and Lender otheiwise agree in writtng ur unless applicable law <br /> oiherwise provtdes.the proceeds»hall be applied to the sums secund by ihis Security lnstrument whether o=nat the suma nm <br /> then due_ <br /> II tlu Proparty is abandoned by Boirower.ox if,after nodce by Lender to Borrower that the condemnor offcrs to make <br /> — an awar�or settle a claim for damagey,Burmwer fatls w respand to Lcndct within 30 days nfter the dsse the nodce is given. <br /> Lendu is authorized ta collect and apply the proceeds.ut ita optlon,either to resWratIon or repair of the Prupeity or to the <br />�- sums secund by this Security Instruraen�,whether or not then due. <br /> Unless Lender and Buaower otherwlse agree in writing,any appHcadan of p�s to principal shuU not extend or <br /> _ postpone the due date of the monthly payments referreci to in parAp�upha l and 2 or change the amouni of such paymenta. <br /> - -- — 11. Borrower Nat Released; Forbearnncc By Lender Not e Wetver. Extension of the time for puyment or <br />- modification of a�nortizndon af the sums secw+ed by this Secudry Inadument granted by L.ender to any successor in�nurest <br /> s�-_�`-sm'•-`-�,.� of Barower shall not operate to celease tlte Usbiltty of the original Bomnwer or Borrower`s successors in interes�I.ender <br /> -`�"=�� � shal2 not be quired to commence proceedings agcitast any euccessor In interest or c�efuse to extend dme for payment or <br /> �:;�i� a <br />:;:�.re*,�'v s:' <br /> =,�;�y;: — othetwise m dffy amortizatlon of the sums secured by tMa Securlty Inatrument by reason of any demand made by the original <br /> -, <br /> '�?i. Borrowez or Homawer�s successors in interes� Any forbearance by Lender in exercjsing any dght or remedy shall not be a <br /> . ''t;�;t� <br /> t��;„;��,..e►,:,�,�� waiver mf or preclu:le the exercise of eny dght or reme8y. <br /> °�—I j�';�i 12. Succes.sore and Assigns Bound;Joint end Several LlabQttyi Co-slgnere. 7tie cauenants and a�reements af this <br /> SecuHry Instrument shall bind and i�Enefit the successAre and assigns of I.ender and Borrowet,subject to the provisians of <br /> paragraph 17.Borrower�covenants and agreements shall be joint and several.Any Bor�ower who co-sIgau thts Sectir�ty <br /> Instrwnent but dces not execute the Note: (a)is co-signing this Securlty Inauument only to mortgage.grant und wnv�y that <br /> Borrowerk interest In tha Ptopetty undar the terms of this Security Insuw�ient; (b)is not personally obligated to pay�he'sums <br /> securcd by this Secudty Instrument;and(c)agrees�hat Lender and ariy other�3orrnwer may ag�ee w eatciid,modify,faibear <br /> or make any accom�rtodations wlth ragard to the terms of this Securlty lnsbument or the Nate witbaut ttlat Borrower� <br />� consen�. ' <br />' _ ., , , 13. Lszsc C ea. if she losn secures!�y this Sec�nrity Inatn�mem ic subject to a !e►w which sets maximum loun <br />, charges. and that lu�s finally interpreted sa that the interest or other loan charges collected or to be collected!n co�necdon <br /> with the loan exceed the pe�rnitted Iimits,then: Ea)anY such loan chnrge shaU be reduced by ihe amaunt ncc�sssry to reduce ---- <br /> , the char e to she rmitted limit;und(b)any aums already callected from Borrawer which exceeded permltted limits w�il b� <br /> S P� <br /> * refunded w Homnwer. I.ender muy choase to make this�fund by reducing the principal owed under the Note or by making a <br /> - djrect payment to Borrower. If u refund reduces principal,the reductIon will be tm,�ted as a partIal prepayment without uny <br />. prepaymeat char�e under tha Note. __ <br /> 14_ Notice.s. My notice to Bomower provtded for in this Security Gtstrument shaU be gtven by dellverin� it or by �- <br /> mailing it by first class mail unless applicable law��quires use of another methad.71�a notice shall be directed to the Property _ <br /> Address or any other adciness Borrower designates by nadc�to Lender. My notice to Lender shall be given by first elass __ <br /> _ ma[lto Lender�s address stated hemin or any other address Lender deslgnates by notice to Borrower. Any notice provided for Q.,, <br />.� in thh Securlty [nstrument shall be deemed to hnve becn given to Borrower or Lender when sivcm ns provided in this �;_- <br /> - Pum6raPh• �_- <br /> . 15_ Govereiing Low;5everabtliry. 'Il�is Security Insuument shatl be govemed by federal law and the law of the _ <br /> jwisdiction in which the Property is located. In the event that any provision or clause of thls SecurIty Instrument or tho NoYe ��:�_; <br /> conflkts with oppUcuble law.such conflict shall not affect other pmvisions of this Secudty Instivment or the Note whtch can �-�r;- <br /> b�given effect without the conflicting pmviston. 1b this end the provisions of this Security Instrument and the Noto are <br /> �_�- <br /> ,- , declarod to be severable. ��:° <br /> 16_ Borrower's Copy. Borrower shall be given ane conformed copy of the Note and of this Securiry Insmimen� �.__ <br /> j= 17. 1lransfer ot the Property or u Beneflctal Interest in Sorrower. If ail or any part of the Property or any interest in �:;;:� <br /> .j.'r ^. � it is sotd or transfetred(or if a beneficial interest in Borrower Is sold or aansfested and Bornower is not a nAtunil person) �.__ <br /> _' `r� without l,ertder�prior writton consen�Lender may.ut Its option.requtre immediate payment in Poll of all sums secured by '; <br /> ' {,�r�}�" th{s Security Instrumen� However.this option shall not be excrcised by Lender if exe�se is prohibited by federnl law�.a of �= <br /> ' 4`�;,'�#�i:_ the date of this Securiry Insdvment. ''-°� <br /> �� If I.ender exenises this opdon.Lender shaq�ive Borrower notice of acceleration. 'The notice shel!provide a periai of <br /> "���'�,r not less than 30 days from the date the nodce is deliveced or matled wtthin which Bomower must pay all sums secuc�e�by this ..4� <br /> • Se�urita►InsuumenG If Bornower fulls to pay these sums prior to thc expiradon of this period,Lender may invoke any � � <br /> . remediespermiuedby this Secwity Instrument without furthernotice ordemand on Bonower. '�,:;•� <br /> ;;i'S? ' ' iS. Borrowcr's Rtght to Retnstate. If Borrower meets rertain cortdIdons, Borrower sh�ll hnve the right to have '�,,�. <br /> • enforcernent of this Securiry Instrument discontinued at any dme prior to the earlier of: (a)5 days(or such other period as • ` <br /> a'r <br /> Singlo Runliy»Eannk MadFYMdk Mae UIYIfiORM INSfRUMENT--Unftom�Covenanu 9/90 I/wgr 4 of 6 pages! <br /> � . <br /> � <br />_ �+; , , <br /> �p. X. 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