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<br />_ ---- . :�Qmi�tion or`�tti4r takitf�of as►g gart of tt;e Fcapcsiy,or�at cq»veyance ia lieu a�cc�sde�2ticn.are ites�by 8R . . . -_ ---
<br /> be p�id to Leader. � ' .
<br />- -�'�����f . Lf.the ev�nt of rs total t�Citi�of the t'coperty: ttie�mc�eds shall be �pp�ied�.th. sunas secaied hp this Sec�rity =_
<br /> =�-� - ` �'Instrumes�t.whetltea'or,not t�dw,.with tmy excess�a�d to Bnr�wer..In the event of a���aking of the 1�to�rtY in , � ___-- _�
<br /> -- � . which th�fair•mar�et vatue of the Pmpe�ty imm�diateiy beforz the takin�is eqoal ta�r gceater tPtan rhe nnamuni aF tFt�sums. �
<br /> ' sec�ued by tAls Securiry Lnsnn:meat�ly�fans the taking,untess Hairower aad Leuder utherwise a�iee in writing,; � - - - ---
<br /> ,�,; ..=Y.. :�:��- , � the�stims secivad by.this Securiry L�tmer�t t�ieduced DY the amomit of�the proceeds mWtiplied tiy tt�fallowi�g . —
<br /> e _ . __
<br />-: �Y���+:�=:�,?' ' fi�ct�on (a)tfte ra3a1 sunount of the sutns secured imsaediatel�r befoie the tp�ing,divideQ by(b�the fair mazkei va1u�of thE _�__--- --
<br /> ��`'•T ''„ pc�a�ert3+iauri��iy befo`re ihe taldng. Any balauce shalD be paid to Hosmwer. 'Irr tlte event of a`pa�d teking of tiie
<br /> �I�� `-L 4 ;_ . . , , m�vh�cli t$C fair market valua bf the�i t bPeR3'��Y before the taking is less t3tan the amaunt pf tlie•sua�s � �. - --
<br /> �� r ^ Tx�.`. s�immediately befo�she t�ng, untess�BUrrower aad Lender atherwisc agc�ur writing or u�at�ss agpiisaSsle:laiv � '�?$ __
<br /> �--:�..,,t..':,: . . a�provid�xs.ihs procee¢s shall be a�hed tathe sums seciued by this Secu:iry tastzameni whetherar not ttie stttas 3re -
<br /> • _�.,.•.. • '�:: . .
<br /> L -�•::.:;.-:. then due. . . � __-
<br /> :.�:Y+.�,,�.6�''c'Y..i i. . , ___._�...--
<br /> If the HvpertY is abandoned by Bors�wcr,or if.aRer imtioe by l�ender to Borcpwer that the condeir,nar offers to make
<br /> �� ` j� '� ---
<br /> _.,�,�� _:�: an award ar se�tle a clainn for ctamages,Bomnaer faiLs to respond to Lender with�30 days after the d�te the natice is gieen, -�°.—
<br /> •_- �;` �:���-;;, Lender is autDori7ed to colIect and appiyr the proceeds.�t its opttan,eisher to resWrdtioa or repair of the Ftvpeity or to the � ---
<br /> • �e��
<br /> `, �:�`:�,' ° stims seetued this 5ecuriry Insuuiaent.whether or�at t6en due. • . .
<br /> '�'_"""��:`:=��,'��- � � Lcation of to rinc al shall artt e�tend'or <
<br />- ,�����;-,;�,,;r t���s Unless Lender and Botrowec otherwise agree in writinS,�Y aPP� P��� P ►P _ ----
<br />- ':;;,.,<<.'. ';,-:.. ., : pQstpone die dne date'of the monthIY PaYateats refened to in paragraphs 1 aud 2 oi�change the amount of stzc8 gayments. �--N__.
<br /> --�.r:. ; .:�".;'_ iL Burrower Not Reteased; Farbeararcce By Lender Na4 a Waiver. Extension of tbe tim� for Payment ar ___-- --
<br />.�:� � �',��:a.� • modificaifon of amnrtuatinn of the sums s�cured by tbis Secbritl+jnstrument granted by Ixctder to any s�coessnsYn uiteres� ' _—
<br /> _�;..r�,'�,, ,�'', of Bmrower sireli not ope�ate w netease the Gability of the oagitial.8orrower or Borrower's succes�ois`m interest.Lender . �
<br /> --- :-�,~..;�.•.•,-, .� shall not be tegaiced to commence pmceedin8s against anY sacerssor in interest or nfuse to extead time for payment or � --
<br />��r.,�.: .:�.`"�%' �
<br />-�x � .:., othe.�v�ise modify siaort�ation of the sums secumd by�s Secur.•y Iasdu�nent 6y ceas�n of a�sy demaad made by the ariginal z:..,.._
<br /> `'}�.` ; . Bormw�r ar Botmwer's suceessors iu interest.Any forbearance by Lender in esetciswg any right or c�medy sfiatl Rot be a �::�{"---�.
<br />�L.�.��.: . .
<br /> .,-.
<br /> --?�j'_-'--.,:,.•:�':- ;:,.;' . . waiver of ot lude the execcise of arry right or iemedy. �_-�'`
<br /> .._--_,_,e..,.�.,,.._.. � .
<br /> �:;�',r i•.,,:<', , ,- .-�-�----...---.:. .._IZ.Successors aud As�igns Banad;Jofnt aad Sev�al Idab��'n�_-, ers. 'Ilie wvenants amd agcecments of this �_-
<br /> - -
<br /> Idab C.o-slgn
<br /> ,. . , Security L�str�meni shall bind aad bene��itie saccessa�s and-assigiis o#lendeFa�fd-S�mmwer,-su6ject to the provisionc o �- --- �- �
<br /> ';_-�5,'�. �;�..' �:�':' • " ParagraPh.17..Aomower�covenants and agceements shall be joint and`Sev�fai:Aay Boirower who co-signs this Security -
<br /> :;Ji�':;;::;:':;,',:.. `�.,' Inswment 6nt does noi execute the Note: (a)is ca-signing this Security Inscrument only to mortgage,grant arid canvey that
<br />-- - ;.;� Borrower s ir^,..eiest in the Pto�rty under the tertns of tbis Securiry Ins�ument; (6)is not personally obligated to pay the swns
<br /> - --_� -- � , seraied B�r t�Security Ynsbrumen�and(c)ag�ees that I.ender and any other Bormwer may agee�to exieAd,modify,forbear •„ -�____,��._
<br /> � , ' -- or u�e any accommodations with�^`.rd-to the tem�s of this Sec,�urity Instrument-or the Note without that Borrower's . �-;.����_
<br /> �� �`; �•���� - consent .. , _._,,� __
<br /> ;�': . � 13. Loan�C6arges. if the loan sec�d by ttus Security Inssttument is sub��t to a!aw wlucfl sets maaimum luan �=_--- _
<br /> . �. . . , . I . _�
<br /> ru;:.' ,. . •'.�;�.. , charges,and that taw is fmally luterpTeted so that ttie nn�est or other loan charges collected or to be coRected in connection ���
<br /> _�•',� � _ with 8te loan exceed the permitted 3imits,t�en (a)any such(oan c��e shall be redaced 6y the amou�t necessary w reduce ' �,�`
<br /> . . . . w which exc�eeded ermitted limits will ir� s..l
<br /> ,. the charge ta the permitted lunix and(b)anY sums already collect�Fir��Bomn er p �'� ;,. ,.
<br /> �. i. .,,w,
<br /> _ ,';;,,,;..•' refunded w Sor�uwer. Lender may choosg to make this rsfund by�1��D the principal owed under ti�e Note,or by making a':.' ;' ��X��;-.3?• . , � .
<br /> , ,�... dinect papme�i to Bor►u��: Tf a refund mduces priacipal,the reducicra,wil�be-o�eated as a paztial prepaymeat wrthout any'.., ' { ' `
<br /> , • - � Prepaymeat charge uud�r�Note. , � ,'�,��+ �,
<br /> ' _ : la...l�ccntifccs. Any nouce to Borcowen provided for in this Secvrity Insmi�ent shall 6e given by delivering it or by '�^���'-^ � ,
<br /> ' fc •.:'s��-' .
<br /> � ma�ing ii i�rr��ust class mail unless apF�ble law requires use of another method.•The notir�stiaal}be ditected to the Prope�r • r. r-- .
<br /> } . .,•-.� i: .
<br /> �' `` '��`^`'r p$d�s s a�:�y o t h e r a d d re s s B o r r o w e c�.#�s i g n a t e s b y n o t i c e t o L e n d e r. A n y n o t i c e t o L e n d e r s h a l l b e given b y fast cla� ,, •�. :� +t
<br /> :l�a. • • .r:
<br /> ' � : mai]to L��r's address stated herein or any other addnss Lenc�er designates by notice to Borrower. Any notice pmvided fo: ., `r� '
<br /> �•.",:•'•'` .� : •' in'this$erarity]nstrument shall•be deemed ta have been'�iven to Borrower or Lender when given as provided in this , • ='="
<br /> - h. . ��,,��
<br />� . ' ��� t�c,iv,�raing Law;Severab�ltty. This Securlry Instrument shatl be goverued by federal law and tt�•G:� of the _ %'��'s�
<br /> '::'�� ' •'• "i;;.,'o,' '� ��'�'�4
<br /> ��.�..: ,,;�'••�.. "' . ;• jnrisdictiGi�fu��uhich die Property is located. ln the event that any��z�ion or ctause of this Security Insaument t�r t8e Kd� .. ','",�; F.,,.��,_•----
<br /> �• ' ' `� `s'E� cpnflicta wi'�..'�.�pplicable 1aw,such conflict shall not affect other p�nisi�s of this Security Instrument or the Note which� �' � ;
<br /> � 1 '� ",. ,����A be given effect wittiout the conflicting provis Ion. Ta t h is en d t h��ca;�'i s�ons o f t h i s Sec u r i ty I n s t r u m e n t a n d t h e N o t e�e •: �� ., � ���;�
<br /> Y, r:�`'� ,�,};��. dec t a:e d t o b e s e v e r a b l e. ,
<br /> . t�i�,: ��'tc:., .�'•�'1,?.. . '��_�._-�.
<br />-. ,;r�r;�{.,,. •. r'.,•.' .' 16 Borrower's C��y. Borrower shall be given one conformed copy of�th¢l�ate and of this Securiry Instrumen� _ . ;fQ�. � ,.�,' : . �
<br /> ��...;� ;;, . , .
<br /> -` �'��t•°,r":'.': .'•,'`.•.•,,,,s�:,{, . 17. lkanster of the Yeagerty or a BenefIcial Interest in Bc�rep.�er. If all or any part of the Property or any interest ia � . � ;�+'�:,��_
<br /> ��'��`�'����`�'s'f����`7�' it is sold aa�ansfetred(or if a bene�.ci�.interest in Boaower is se[r�or transfened and Bormwer is not a nateual pei5os�b - �---
<br />_ '='- ' ' lt;:t�`.l1AY �!L .�
<br /> �' '�%�:�°� � without�r�s prior written consent,G.ender may,at its option,eayuire immediate p�yment in full of all sums secure�8'y,. : ,�'��r1'.'a�-.�f�F�,_
<br /> �s.{,_,. �. • - ' �:- .,
<br />- - this Securiry.Instrumen� However.this option shall not be exercised by Lender if exentise is prohihited by fed�ial law as a� . . . ;,e��,;:'-°�
<br /> _'��� � . the date of this Security Iaswmen� . . . '
<br /> - . . If L,ende�exercises this option,�Lender shaU give Boaower notice of acceteration. The norice shall providc:�'.period oY : •� _ ,
<br /> . .� �.�',;,;, not less than 30 days from the date the notice is delivemA or maited within which Borrower anust pay all sums'secured by this . • . , . .
<br /> Security Instrument If Bormwer fails to pay these sums prior to the expiration ot this period,Lender may invoke aay�. _ >
<br /> , ;'�4�;���?,, , .. .
<br /> : ' ;.'•r'• cemcdies petmitted by tLis Secutiry Instrument without further notice or demand on Borrower. � � . , .
<br /> ; :•::�_<��. 18. Bosrower's Rigbt to Reinstate ff Borrower meets certain conditions, Bomower shaU have the,right to ha�e • � �• �
<br /> . enforcement of this SeeoQiry Insuument discohRinued at any tune prior to the earl.er of: (a)S days(or such other period as ';lT��';...• . . . •
<br /> � .. :��` ' Singlc FamiJy-Fannle MadfrYeddle Mac IINIBOItM INSTRUMEh"['»Unifotm Covenana 9l90 /GaRe 0 oj6 pages} �;, ;,. "-.. . ,
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