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<br /> , • � _ . canii�mnatfan ot other taking af any pslt of the Plropetty.ar far convsyanse�1#e�e of condemnation,at��ers�by rssir,�ed an� , . �.�- --
<br /> � ? stial16z paid to Lender. � �. � .. � , � �`'��`"'•. ""� -
<br /> �-� ` In the eveat of o tot�l of the Piope th t�Qplied tn the sums setur� b this 5ecurit �---_-_- _-
<br /> `` •r ta6cing ny. e.�Sn�ceeda sh�ll � Y Y
<br /> �Z���.. {•.:.;.� 4` . Iustiumant.whether+�r nat tften due.witia any exces�patd to 0otrotver. In t�e even�of a'pa�;al t�ig-of'the Pmg�ryt� • ' _ _
<br /> �'•� . , whlch.th�fatr ma��t va�ue of the Progerty immediatetY 6efora the taIsing is equa!to or�eate��.aa che a�aannt af the sum� N -
<br /> � �`� �` ' scxured by this Sxur+ty Inssrusncat unrr�diately 6et'ore ttt�taking,ualess Saaawer un d I.e n des a t heiwise ag�ee in yrriting. . �� __ --
<br />_�.�;.y � �. .� ttt°sums secured bg ti�Ls Secusity UisUument shafl be reducet!by the�aoiutt of the proceeds au�ltiplied by the folIo�ving =_�"-�=_=�------
<br /> � . ,� �. fr,�ction: (u)the wia!amount of the su�secared imsnediately 6efore the tak[ng,d`ivided by�(b)the f�i,r market v�i�ef tlte � _ ____-____-- -
<br /> . � �- • Pcnp..tty immediareJy 6eforz tfte u�king. Any Calauce shall 6��aid to Bomower. In the event of a par�ial ta�ing of the — --
<br /> Froptrt}r.Ht vriuch the fair a�ark�t value of the P�+nperty imm�ately before th,.t�ug is tes5 tli�n the�s�mt of tke sum's = -_ -
<br /> � ` `� ` ; se�uned�mrnedia:eiy b�fore thQ ta�sing, unless Sorrov�er ac�Lender�athenvise agree m wdting or m 4 le.ss ap�lic�Is2e taw `< - __
<br /> - - . otherwise praviQes.the pmcecds shali ae applied eo t�he sums seciued by this 3ccusity Insuum:m��heth.r br nut th2 sums are . _
<br /> 4:T � ` � thendue. '
<br /> _9:r+=.5-Q--r.- 'o' � .
<br />:«, .< � I�th�Fcaperty�is abaadenet!by So�rower.or if,after notice by[.ender to Borrowet that tf►e condenmor offers t�►atake
<br /> n :° . ��.�. an award or settte a ctaim for damages,Barmwer faiL�to cespond w I.�ader within 30 days after the date the notice is given,
<br /> ,:..�� � i. _ ... � Gender is authorizgd to coi2ect and apply tbe pmceeds.at its o�tian,either to restoration os reQair di the�p�Y or tn t�,e
<br /> x�*,��;�.;`:; ,z::+i�<�-' sums seeu�ed by th3s Sesurity LIS[NAIe1ti.�whether oF Qot tllell due. • ,_
<br /> _ ., • ' ' Untess Lender and Borrower othervuise a�tee in vniting,any app�ic�inn of praceeds to piir-clPak st:ali aot Cxtcnd ar
<br />:�•�r- '�`. . t'' . . postpone the due date of the monthlY Payraents referred to in paragraphs 1 and 2 or change the antount of s�sh pay►n�nts. .
<br /> �� � `` 11. Soreaw� ATot ReieasQ�; Forflearaace By Leut4er Nai a 'Waiver. Entension�f the tune�for payrdent or
<br />:�; :. �-` .Y`..•��'''-. ;. madi rrscation of arnm�auon of the sums secured by this Se�wiiy Insirument g�anted by Lensles toanY suceessor m inLrrest ,
<br />':�-':. '` of Bmmwer shall not opErate to re[ease the IiaUility of the original Borrower or Botrower�s saccessors in intersst.B.ender .
<br /> � shall aot 6e requiied to sommence pmceedings against any suc�cessor in interest or refuse to satenc4 dms for payme�t or
<br /> n
<br />.����,:� .:",�. �.��.
<br /> � �. . .� otherarise madify 8mortizataan of tfie sams secured 6y ttris Security Inswmeat by re�san of any demattd uisde by the asigna! .
<br />, ��1;�� . � Bomawer or Barrovcar�s successo�s in intems4 Anp foshearanse by Lender in exer�ising�y tight or zemedy shali not 6c a .
<br /> °�. . . - :°-: . waiver of or preclude the exezsise of any rigi�t or remedy. . _ ` • _ — —--
<br /> ` ` 12. Suecez5ors mmd Asgigns Bonad;de�t and Severa!Liab,ility;Casfg�ess. 7he covenants,and agreements+af this �__
<br /> _:' Y: `� .• �' . Security L�suument shatl bind and benefit th.,successors rind assigns of Lender and Bosiawer. `subje�t to thp provisions of �
<br />� '� , • • ' paragraph 17.�Baimwer's cavenants and agceements shall be joi�t and several.Any Barrawer who cu-si�ns tfns Seciuity
<br /> � '. • insuumem but dues not eXecute t�e Note: (a)is co-signing this Seauity Iastrument only.to mortgage,granr�ttd convey that .
<br /> '���;.,.;�-,. ���"'� ' Bortuwer's inLerest in the Pmpe�ty under one tertns of this Security lns�umen� tb)is not�sonally ab}igated ro pay the snms .
<br /> „• �z i : secu�ed by this Security Instcument;and(c)agrees that I.ender and�y oth$r Bonower may agee w extend,modify,forbear
<br /> . . .;:G; _
<br /> '�`�LL';`• '`s�v�;: '• or make any accoaunodatians with r�zgFUd to the terms of this Securiry Inshvment or the Note ivithout that Bormwer's • ---�
<br /> ���';= . �. j�J"u�" - . -
<br /> `. � .C�;:�i�;;;� . COJISCTSI. -
<br /> �:#���r t' 13. Loan Charges. lf tt�e loan secured by this Security Instrument is subject to a law which sets maximvm��ara •
<br /> ';;::��� � ..• charges.and tIiat law is finally interp�fed'so that the interest or other Ioan charges coifected or to be collected in carmec'tr�
<br />: ;;;f' ' ' � with the loan exceed the pemvtted limitx then: (a)any sucH toan charge shall be reduced by the aacount necessa�y to reduce �,
<br /> , • , thc chazge w th@ permitted llmi�and(b)any smas z�ady collected from�otrowcr which e�ceeded permiued Wnits ai116e , _ ----
<br /> � - . refunded to Borrower. Lender may choose to make chis refund by ieducing the principal owed under the Nate or by making a '�•-"
<br /> . . .• �, direct payment to Bomnwer. If a refund nduces ptincipal.the te�uction wip be treated as a�ariial prepayraeat without any_ _—
<br /> ,��r�;.,•: • � prepaymentchargeundertheNote. . _ --
<br /> _� +'�% ' � 14. Nottces. Any natice to Bcsrrower provided far in this Security Insdvraent shall he given by delivering it or 6y , _
<br /> '4`i��. . -_
<br /> '�-t�;-,: ..;�;' .' ,mailing it by fust class mai!unleas applicable law requires use of another m�hed.'i7ie notic�shall be directr�d to the Property • _
<br />' '':�`rc����: - • � Address or any other address Borrower designates by notice to Lender. Any r.�ce+to Le�der shall be given 6y fust class
<br /> ° '�` . ;�;, � - ��t�;zii co.Lender's address stated herein or any other address Lend�designates by notice ta Bosiawer. My notice pravided for �
<br /> �� . ' � i' � ' lnstrument shall he deemed ta have been 'ven to Bomavier or Len�r when given as prav�ded In thi.� �`�°
<br /> ,,�L��c�unty P
<br /> - _- . ". P�9�Pa• —
<br /> �,�� , • �r � ' 19. Coverning Law;Severabllity. This Security Insuumeat shall be�ovemed by federal law and the law of the �'�"
<br /> ���f''•�•-+•�'�='�' � urisdiction in which the Pro �s[ocated. ln thz event that an rovision or cEauss of this Securi Inswment or tite Note ���--
<br />,�:���7,:r,�:..�..., • 1 P�3'� ; Y P �' . —
<br /> canfiicts with applicable law.such conflict shall nt�3f.ect other provisions of this Security Insnument or the Note which can
<br />��-;-,',� � ° be given efPect without the conflicdng provision. 'Co this end the provisians of this Security /nsirument and the Note ara --._� ,_
<br /> � � � � declare�r�be severable. -'"'�'""=
<br /> .� • '� . � 16. Borrawer's Copy. Boaower shall be given one confamjed copy of the Note and of this Security Instrument. , • �'�� _ _
<br />_,r.•�. • ' . 17. 9i'ransPer of the Property or a Beneftclal Interest ia Borrawer. If all or any part of the Property or any interest in ._�;,.,�;,�,,._
<br /> r
<br />_�� ' • it is sold or teansfemed(or if a beneficial interest 3n Barrower is sold tlr transferred and Borrower is not a natural person) , � i'. ••°. ,���-._:
<br /> •- � � > .� without l.ender's prior written cansent.Lender may,at its option,require ims��te payment in full of ala sums securecl by .I.t° �'- : ,.:-��;,f=o=
<br /> -`�' � • . ttus Securiry Inswment. However.this aption shall not be exere£��zd by Lend:::#exercise ia prohibited by federal law as of �° ., -
<br /> ; .. the date of this Security Instrument � J�, .•, �
<br />-•�� � �� � If Lender exencises this option.Lender shall give Borro��er:�utice of z.a�:i:rntion. TAe natice shall provide a period ef s � ''.'f; �,
<br /> z��: • .. not less than 3U days fmm the date the notice is d:.ti�ered or mailed within wt�:�Borrow�r must pay all sums secured by this �3; '• ' • �,_ �
<br />��-•�+�"'-� `# ` "� "� Secwity Instrumen� If Borrower faits to pay tF.r,_K.: s�uns prior to the expirativn of this periad.Lende�r may invo!ce any . . '
<br /> • •• ' remedies permitted by this Securiry Instrument w-.rI*,.;uc furthe�r.cxs�or demand on Borrower. :: �r
<br /> . . ��' .' � IS Borrower's Rip,�tt to Re�c�tate. lf Eoaower mee�c�sain condltions. Borrower shall have the right to tave .��•.; `
<br />_ � • enfor�ement of this Security lnstrumer.:�'scantinued at any ti�-�:prior to the earlier of: (a)5 days(or suc h o t her peri a d as `����,; � i
<br /> . ' ' ,�.���.� .-._j
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