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<br /> �.-�"'�'��A'�3�5._—_ ( �r-� �,���/�a� �c��-.
<br /> ��°y' � „
<br /> �• " condemna�iisn ov otlier¢alcin�;of any pai-t nf the Proncrey,or for coiiveyance in lieu of cordemnation,,uc hcreby nssiZn�d nn�1
<br /> „ shall bc 4r,iid in I.c►ulcr.
<br /> (n tfie cvent of a rotnl tukin�; of �he Property, �he proceeds shall b� npplicd tn the sums securcd by this S:.:curity
<br /> ,_�::.:^�.::;,,.r - Instrumenl,whcthc�or not tiien duc,with uny cxcess paid to Lborrowcr, In the cvent of a partlal t�aking oP the Properly i�
<br /> „r,�,,�, _„;, ��' � �vhich Utc fnir mnrkst value of thc Propeny immediately bcForc the takin�is cyunl to ar�reater thnn the nenoun[of tiie sums
<br /> � � ```-�-�..- sccured by this 5ccndty Instrumcnt immcdiatcly beforc the takin�,unless�orrovicr nnd Lender othcrwi5c ng��ce in�vriting. �A�_-
<br /> .-,;;,ti�`�;��'`�"'��� the eums secured by this Security Instn�ment shall lx: reduced by ihe nmount of the proceeds multipli�d by the foltowin� Fs���.
<br /> --�_--�._:_a�.�:� f'rnction: (a) the tutal�iruuuut uf tiia s�uns sccm�cd immcctiaecly�;:for�die talcing, dit�ided by(b)thc fair mad:ct value of the r:�,�,.
<br /> __�rt�;�;� Property imrnedi:�tely beforc tt►c ta.king. Any balc►nce shall be paid ro Borcower. In Ihe event of a purtinl mking of thc -
<br /> _ .«=.�-�.�*����.r� Properry in which the�air markct value of the Propeny immedintcly before the taking is less than the arnount of the sums =:�
<br /> �;<�<:`';�• �,� , .,,.,_..
<br /> +�--. � sccured immediately befora the taking, unless Rorrower ond Lendcr othenvisc ag�e in writing or unless applica�lc la�v �:__
<br />__�-�;`1'�-'':���p* otherwise provides,ihc proceeds sh�ll be applied tn the sums accured by this Security Instrument whether or not the su ms nre ---
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<br /> -�-=.?ti� then due. �;.`
<br /> �"'�;"�`��'� �Y If the!'roperty is abandoncd by f3orrower,or if,after noticc by Lender to Borrower that thc condemnor ofFers to muke -
<br /> ��.��;�-�:- -,'�.,�}" __
<br /> -~-����^,_ ..<.�x��� an awnrd or settle a claim for d:unages, Borrower fails to respouJ to l.ender within 30 days after the date the notice is givcn� �
<br /> _-�r:��-,;;::=,:;,t�.�::. —
<br /> ,_�.-..,.-.:-� -. .-.� Lender is authorized to collect nnd apply the praceeds.at its option,elther ro restomtion or repair of the Property or to the
<br />,.���""'�'� ���� '�'�' sums securcd b this Securit Instrumcnt,whether or not thcn duc.
<br /> �--. .�y.�•, .. : . Y Y
<br /> :- • ��. �-� Unlcss Lender nnd Borrower othenvise Abmee in writing, any application of procceds to principal shn(1 not extend or
<br /> .�:+ryai.:;;`. ' pastpone the dae date of the monthl,payments referred to in paragraphs 1 and 2 or change the amount of such pnymen[s. —
<br />"_-��,��.��,�4Y� `�', 11. Uorrmwer Not Relensfd; Forbearnnce By I.ender Not u Waivec Extension uf the time for pnyment or
<br /> ' ��='•�•'-•��-• modificatian of:►mortizmion of the sums secured by this Security InsGUment gcantcd by Lender to any successor in i.nterest
<br /> ''`"°�'`°`''��'`' of @oanwcr sha11 not aperate to release the liability of the originnl Borrower or Borrower's successors in interest.Lender
<br />=-'��r�.-�'• � shull not be requirrd ta cornmence proceedings against any successor in interest or �efuse to extend time for payment or
<br /> -'-:�,;�+�-�r„=•.,'��� othenvise modify amortization of the sums sccured by this Securiry Instrument by reason of nny demand made by the original
<br /> BoiYOwer or Borrowcr'.s successors in intcrest. Any forbcarance by Lendcr in cxercising suiy right or rcmed,y shall not hc a �
<br /> -•::�,,�__ . • • wuivcr of or preclude the exercise of any right ar remedy. -
<br /> `"'��"� '�' " 12. Successors nnd Assigns Hound;,loint und S�veral Llubllity;Co•signers. The wvenants nnd ngceements of this
<br /> =-,���-..:..,:..: ,� ..
<br />. � Security InsQn�ment shall bxnd and trenefit the successors and assigns of Lender and Borrower,subject to the provisaans of =._
<br /> ���� �'���'` ��"�` ' P�aS�Fh��• Borrower's covennnts and agreements shall be jaint and saveral. Any Sorrower who co-signs this Security
<br />;'�'`,"j ... .
<br />-,��M.;„ Instrument but docs not execute the Note: (a)is co-signing this Security Instrument only to mort�age,grant urtd convey that
<br /> �"'`''� � ' Borrower�interest in the Property under the terms of this Security Instrument; (b) is not personully obligated to pay thc sums
<br />.�. _�
<br /> ,-n�'.:
<br />>�-,-,;.,a; �• • secured by this Security Instrument:and(c)agrees that Lender and any other Borrower may ugree to extend,modify,forbear
<br /> '- . or make any accommodations witU regurd to the terms of thes Security :nstrurnent or the Note without that Borrower's
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<br /> � � consent.
<br />:...�.. • --
<br /> � - '- j.�i. �.v«i. �S:.Ib.°C•••• 1f a}� ln�,n cnr�rorl ho thjc $rruriry Tnctn�m�nt ic suh�CCl t(� a law which sets muximuni loa.n --
<br /> �' � charges.ard that law is finc►Ily interpreted so thnt the interest or other loan charges coliected or to be collected in cnnnecdon
<br /> - � with the loan exceed the permitted limits,t?aen: (a):uiy suc:h loan charge shall be reduced by the amount necessnry to reduce -
<br /> "��� � the charge to the permitted limit;and(b)uny sums almady callected from Borcower which exceeded Ix:rmitted limits will be
<br /> refunded to Borrower. Lender may choose to make this rcfund by reducing the principal owed under the Note or by making a
<br /> . �� . direct payment to Horrower. If a refund reduces principal,the reduction will be treated as a partial prepayment without eny
<br /> ,� ; prepayment chazge under the Note.
<br /> �" ' 14. Notices. Any notice to Borrower provided for in this Security instrument shnll be given by delivering iZ or by
<br /> "'""�}'• ��" � � ` mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Paroperty �
<br />` ``'r`�� � �'` '� Address or any other addn;ss Borrower desi�nites by notice to Lender. Any nodce to Lender shal!�e siven by first clnss __
<br />�'�-�"�'`"-"'�"•'�� mail to Lender's a�idn:ss stuted herein or any other address Lender designates by nodce to Borrower. Any notice provided for o,,_
<br /> ,;�,,, .,..,. ,, .
<br />,;£: • . -• 'F in this Security Instmment shall be deemed to have been givcn to Bonower or Lender when given as providcd in this --�
<br /> ,:r� �: .':� -:.Y .: paragrap6. �::
<br />-_-•"`''���'�� '' �'" 1S. Governing La�v; Severability. This Security Ins�rument shall be govemed by federal Inw and the law of the
<br />_::S`fif,!�C;�4'---r+. .
<br /> _ _ ,,,�,;��,.. �' jurisdiction in which the Property is lacated. In the event that any provision or clause of this Securiry instrument or the Note �:
<br /> "-.,,,,,,,,.... ,,„,.. ,, conflicts vrith applicnble law,such conflict shall not affecc other provisions of this 5ecurity Instrurttent or r.he Note which can �,';�
<br /> " �' be given efFect witho�►t the conflicting provision. Tb this end the provisions of this Securiry Instrument and the N ote are �;T
<br /> :��T :, . � declared to be sevcrable. ^���
<br /> • 1G. Borrower's Copy. Borrower shnll be given one confamted copy of the'Note nnd of this Security Instrument_
<br /> .� , , 17. 7Y�ansfer of�he ProPerty or a Beneficial Interest i� IIorrower. If all or any part of the Property or any intarest in �.��`.
<br /> it is sold or transfcrrcd(or �n beneficial intemst in Botrower is sold or transfermd and Borrower is not a natural person) .
<br />::.�?c?..� without Lender:c prior written consent, Lender may,nt its option.require immediate payment in full at all sums secured by �
<br /> _- „ this Securiry Instrument. However,this option shall not be exercised by Lender if exercise is prohibited by federnl law as of
<br /> ` � thc date of this Security lnstrument.
<br /> � If Lender exercises this option.Lender sl�ali give Borrower notice of acceleration. The notice shall provide a p�riod of
<br />���-�'•.�. � not Iess thnn 30 days from the dute the notice is delivemd or mi�iled within which Borrower must pay all sums secured by this
<br /> _z.. �r,;: ,::,: �
<br /> - , .. Security lnstrumem. If Borrowcr fails to pay thesc sums prior to thc expiration of this period. Lcnder may invoke:u►y
<br />, remedics permitted by this Secwity Inserument without further nutice or demand on$onower.
<br /> „ 1�. Borrower's Right to RelnState. If Borrower meets certain conditions, Borcower shnll have the right to have
<br />_: • enforcernenR of this Security Instrument discontinued at any time prior to the earlier of: (a)S days (or such other period as `
<br />- 1 ' Singlc Family--Fennic MndEl'cddlc Mnc UNICORM INSTKUMENT--Unifortn Covcnants 9/40 (page 4 n/'6 ixigrsl I
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