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<br />---- -�.-m..����,�� 9. inspertia�. C.cndei ur it�; agcnt���y m:�k� a�sx;arN�",ile cvitci�;,LI�HI�I HIttI li1S�JC.C[1:111i nl't➢ic i'���pc�zy. {�:u�1�.r>•L:til Ei•.L -
<br /> 43cirruwcr�x�icc ut Q�c timc of m•prtor tu;�u i�i;jx ction s�t:cityiii�r�:+s�n::A}il�;cat�sc I'ar tlie im.�:cti�»>.
<br /> - - -�:R;�,;��,;� i(!. CondemnAtton. 7'he prxeeiis of any award or claim f�r dnn,:�g�s. direct or cc�ntiequcntiwl. in cc�r�►i�tlun with un�+
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<br />- -� -- ---, .� � {rt nf ti�c 1'ra�:.rt llY�UC G9i1VCyan�C IU IICI.►Of 40114ICi11@81�(111, ar f�eieby atitiigneci a
<br />_ - --- — �ndcm��aiiu�i o�;fti��.•t:-.:'snn af t?�ty r:. Y�
<br /> shall U�paid to Ler�d�r.
<br /> In the event of;t total ta�:ing o6the Propeny,the praceeds shal{ be appli!ti!tn the sums se;curecl by�his Secusity Instrumrnt.
<br /> whetlti•��or not thcn due, with any exccss paid to Borrowr,r. !n thc cvent e�f a pa�tial takin5 af thc P+upercy in whirh the fair
<br /> markct value of the Praperty immedintcly befora the tak�ng is e�a�al to or greuter than th�a�nc�unt aF the sums uxural by this
<br /> = Security Insirument immedi:+tely beforc:the taking,unless�nrrowee and Lender ctherwise agree in wridng, tl�e sums:�curcxl by
<br /> � this Security Ins.rument ::l�all bc reduce:d by the :unount af the procecds multipli��i by thc follawing fraction: (a) the total
<br /> amount of thc sums secur�ed immediately before the takins, divided by (b)tiie [air maricet valuc u�'tiie F;o�,:.rty irrsmrtliatdy -
<br /> �� before the taking. Any balance strall bc paiJ to 8orrowe.r. In the event af a�act�a��alun�of the Propeny in which Ihe fnir —
<br /> markcc�al�ic of the Property immediatcly bcforc tha laking is Icss than the amuunt of the sums secural immcdiatefy beforo the
<br /> ----= taking, unless Borrowcr and Lcnd�r uQi�nvisc agrec in writing or�ntess applicable law othcnvise provides,thc proceeds shalt ,
<br /> br applied to the snms sccured by this Sccurity Instrum�nt whethcr or��os t�1c sums are Uiea due.
<br /> if thc Propeny is ubandonai by Sorrower. or if,aftcr notice by Lendcr to C�nuwer that the cendemnor offcrs to make an
<br /> ,,�;,,,,�,� a�vard or settle a claim far damagcs, Sorowcr fa�1s to respund ic� ��nder widun 30 days nfter thc date t9�e notice is given.
<br /> --' L�nder is authori7.ed to coller.t and apply the proceeds,at its option.eithcr to rest�ration or repair of the Property ar to the sums
<br /> �; -r�a�:�..
<br /> .,,�,,^°,fi:�:,.,._`. �, ;_ s�cumd by this Security Instn►ment,w8etheror not thcn us.
<br /> — Unless Lender and Eorrower othenvise agree in wri.ting, any application of proceeds to principal shall not extend or
<br />-..A?x'���'A�, •-� postponc the duc date of the monthly payments refened to in paragraphs 1 and 2 or change the tunount of such�nyments.
<br /> '-' � -`'^�'j � 11.Borru�ver Not Released;Forbearnnce[iy I.cnder Not u Waiver.Extcns�an of die time for payment or modiflcatian
<br />_-;"���'T�`i., .�, y
<br />--,,;;;a:: t•:Y,:. �- of aniortizution of the sums secured b this Security Instrument grantat by Lender to any successor in interest of Ilurrower shall
<br />-, `�"'�''4'"'� not oper�te to relcase ttie liabilicy of the original Borrowr,r or Borro�wer's successors in intcrest. l.ender shall nut be required to
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<br /> =�--'=='�'���'�`�• commencc proceedin�s a�ainst any successor in ineerest or refusc to extend tiQnc for payment or otherwise modify nmortia�t�nn
<br /> .f;��:�.::'..�,�.:.
<br />�'�•;.• -� of the sums secureci by this S�:curity Instrument by reasan of any demand mn�le by the original Borrower or �iorrower s
<br /> `�`•� ` ' �,r' • successors in interest. Any forbearance by I.ender in exercising any right or remedy shaU not be a waiver of or preclude the I
<br /> �'-Yw"�°�- ^'"`��+� exercise of any ngnt or remcciy•
<br /> " ' !2. Succc�.sors and Assigns Bound; Joint and Severul Liubflity; Ca-slgners. The covenanxs und agreements oi mis
<br /> Security Instrument shall bind and benefit tlie successors and usigns of l.ender and Borracver, subject to the provisions of
<br />� � f� � , paragraph 17. Bono�ver's covenants an� agreements shall be joint a�nd severad. Any Borro�v�r v��ho casngns this Security -
<br /> rnnt and conve that
<br /> Instniment but dces not execute the Notc: (a) is �-siS:►ing this Security InstruR,�cnt only to mortga�e, g Y
<br /> � Borrower's interest in the Property under the terms of this Sccurity instn�mcnt;lb)is not persor,A}ly obligated to pay dte sums
<br /> secured by this Securiry Instrument:and(c)agrt�ti that i.ender and any other Borco�ver may agr�e¢o extend,modify,forbcu or
<br /> �` make any accommodations�vith regard to the terms of lhis Security Instrument or the Note without that Borrower's conserat.
<br />- °�. � . . 13,Loan Charges.lf the loan secured by this Security Instrument is suojeet to a taw which sets maximum loan char�es,
<br /> ' and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the ,
<br />• loan exceed the pern�itted limits. then: (a)any such loan charge shall be reduced by the amount necessary to reduce the ch:�rge
<br /> �` � ' '.'��,�' ta the permitted limit;and (b)any sums already collected from Borrower which exceeded permitteci limits will be refunded to
<br /> � • .. • . • gorcower. Lender may ch�ose to make this refund by reducin� the principal awed under the Notc or by making a direct
<br /> -� ' • •• payment to Borrower. If a refund reduces principal. the reduction will be treated as a partial prepayment without any
<br /> - � pmpayment chargc undcr tlie Notc. _
<br /> 14.No3ices.Any notice ro Bono�vcr providcd for in this Sccurity Instrument shall bc given by dclivering it or by mailing
<br /> . �� it by first class muil unless ap�licable law requires usc of anathcr method.The notice shall be directe�to the Praperty Address
<br /> or any other address Borrower designates by nutice to T..endcr. Any noticc to l.ender shall bc given by first Qi:155 Ai71EJ IO
<br /> Lender's address stated hemin or;�ny other address C.ender desi�nates by notice to Borcower. Any notice providecl fos i:�this
<br /> •U;; Securiry Instrument shall be dcemed to have been given to Borrower or Lendcr�vhen given as provided in tliis paragraph. ,
<br /> �� 15.Governtng I.u�v: Seve��bility. This Sccurity Instrument sh:ill bc govcrncd by f��deral law 1nd the law of the
<br /> ��: , jurisdiction in �vhich the Prnperty is locateci. In the event that a»y provision or clause of this Security Instrument or the Note
<br /> _ � c�ven'effectthvi ho'uta he conflicting �ov�ision�ITo this rnd tlhe prov s ons of this�Secur ty Ins2�menttandt he N te are d�aral
<br /> 8
<br /> to be severable.
<br /> �`+���%•� 16.Borro�ti'er's Copy.Borm�ver sh:dl be given une confurmed copy of the Note and of diis Security Instrument.
<br /> Form 3028 9190
<br /> Pape 4 ot 6
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