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<br /> - -__- . � ��!4r� �'1(��'�`�' �. � • . -
<br /> _-� -u-� condemnation or ather t3kiAg of aray part of tRe Property.or for conveyance in�licu of conQ.�`madvn.an kereby�.ssig�ed a�td ` � � :
<br /> •_=-:"i�'�� ; •staalk be paid�o�.ender.
<br />__ �.�;�.� . . • . • .
<br />- `��`�-���`��! dn the event of a total¢aki�of ttie Frap��rty. tHe pr�ceeds shaU Dz appYied to the surns.sEt�red by t6ss Se�iiry .
<br /> _ -_-°,:�:..�.�` ' Irsstnunent,whether or no!then due,�vith ax►X exaess gaid ro Borm�rer. In`thQ event of u partla!ta[cing of�the 1PrQger!y�in � .
<br /> _=-`Y�=—'--=- , whicb tS'ie fair atarket value af the Ptopert}►i�nedi.tsiy t�fore t&e ta�sing is equalYp or gieater th�n t�e amovnt of the svsps
<br /> s �r =� ��� secured by this`Security Instr�ment imm:diately[�'ore the ta.tir�g,untess Bnmower ar.d Lender otht�vise�agree in wzitirpg,
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<br />--'�--�;.,.-Ss�': tfte sums s�cuied by this Sec�uity Instivment ahall be eeduced by the ammuit of the praceeds multiplied 6y�t3fe.fo9l�rwesig
<br />`��`�:-k�4-`���,�'-` frzstiflsn: (a)the total amount of the sums seeured itr.mediaiely b�fore th�taking,divided by(b)tIte€a:�matbet valua of thc ;, '.
<br /> ^r 4_�: `� ':- . PcnPertl++'�ne *�r:y 6efore the taking. Aay b�wee sha1I be�id W Sormwer. Ia the'event af n of tf�s•_ _ _.
<br /> s '; ti��.•`: P�operty in wLis.�h tFte fair market vatue of the Property immedinteIy befo�the taSsing is less tflan the a�mau�sit�f�Re seuss•� ' . -
<br /> ��:..�;�==-:} . secared immediately before tite taking, imtess Bmiuwer and Leader othenvise agree us'�vriting or untes; �gplica�fc[aw
<br /> , : othenvese proviSes,the preceeds sbalt be appfied to.the stuns seciued.6y this SQeurity Instn�snt wheihe�or not t?ie surns ase
<br /> ������� thea due. . , � .
<br /> � If the Ptoperty is abandaned by Bormwer.or if,after aotice by Lender to Borrow�a t4►at the condemnur offers to tnake
<br /> ��„�.� �� an award or spttIe aclaim for damages,�wtativer fails to res�und to Lender wi�ir►34 days aRer the`�ate the cea�ice is given, .
<br /> -_;��'=.*�*s�=�-;�. Lwder is authorized to wT�ect and'appIy the pmceeds,at its eptioa,either to restoration or repsir of the Froperty or ta 6ze �
<br /> _—===�--= sams secured by this Secprity Insuumer►t,whsther or noi thea due. .
<br /> '-�`.�'�r:��.��'��,,� � . Unless Lend�and Borrower otIierwise agree in writina,any a�liratioa of proceeds ta principat s�all noi e�ctend or :
<br /> �"��''`� postpone the due dara of the monthly'paymenu nf�to ai�rra�aphs i and 2 or chauge t�he amaunt of sucb paqments. .
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<br /> x ; ,-�.�_ . 11. Borco��r Nai gteteased; For6c�a��e �y LeB�� Not a V7siicer. Extension of che time for payment'ar
<br /> =�=i- modification of amoriizaaan of the sums secured by this Secarity Insuument granted by I.�der w aay successor in irtterest
<br /> ���''�� of Suaower sha11 rtot op�ate to celease the!'�of the ariginal Borrower or Boscawe�si�c�ssrns in interes�.Lender . ' ---
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<br /> ,��',,���,� shall not be cequiced to rammeace pmceedings a�,�rtst any successor in interhst arrefuse to extead time for payment ar
<br /> � � .� otherwise rreadify amorci�ion of the sums secur��this Security Instrumenc by ieasan of any demand made by t�e originat °
<br /> --�-,�.�1=�<._`... Barmwer os Bwiower's suceessors in interest. Am;.fdrbearance by Lender in eaercising any right or r�edy shall aqt be a � • �
<br />-;::.<;>;='-`;-��.;.:, . waiver.of or preclude the exercise of.any right or re�edy. . . . : ' ,
<br />_-:::_ �- ..�,t,,. ' : D�. 5ucces�ors and Assigns Bouad;Joint aa�3ever^�.0 H.i�bUity;Co-�tgtters. 'f'[ie c?cvenants a�d'agremenu of thSs
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<br /> _�`�-;`-';�:�f�.:,;�;- � SectcFia�L�swment shall bind and benefit the successurs and assigns of Lender and Bnrfl�ser,sub�ect io the pmvisions of
<br />�;��3Y��-,�;`..�,.;`7. � .Pdra�raph 17.BaRawer's covenants aud agreetnents shall be joint and ser.�af.Any Bazrower vr,t►o a.�-signs tbis Security :
<br /> �••- ,• Insuamenf bui does qmt execu.e tha Note: (a)is c�sigoing this Secwity Ins�c:ment only ta mortgage.�t a�d convey tftat `
<br /> ,': Y� �E BoymwerTS intelest m'tt�e Progerty under the ter�af this Securhy insmlment; (b)is not petsonally o�'�,�sr�6 to pag the�urrrc '^ .-- -
<br />--- ,,.,.: ,�f,�" �� , secured b this Seruri Instrumenr and(c)a that I.ender Zzd an other Borrawer m� � to e� d,m
<br /> forbear.
<br /> . �.,� �?.,:. Y tY 8►'� Y �I�-.� � ��Y.
<br />-- e. • or m a ke any accommadations with regard to ti�e temu of this Security I�strume�ar ra�..�Iote witi�out that 8omav�er�s � �
<br /> • � •:'�'�'� � r co�sent. • . . ,
<br /> ,.��. �• � 13 Loan Cdar
<br />__=��•':,''�,�';,..•,• � ges.•If the ioan secured I�+>�:;is Security:s�suumea�::;s subjeet to�:�w whic5:;�s.maxunum loan ,
<br /> ' , chatges,and that laiv is finally interpteted so thzi�interest or other loan c'.-:zrges col[ecte�or.to be a:.�rr�d in connection.
<br /> �'•- ' ,,., � �: with the loan exceed the permitted limirs,then: (ay any such toan charge shall be reduced bv�.he amousit::�cessary to rednce
<br />` `r�' � '���f%+' ' the cf�asge to the permitted limi�and(b)any sums already coP�ted from Bosrawer which Fwc�ded permitted limiu wiU be
<br /> �=�_-=•=:•,�`��s��. . refundad to Borrawer. Lender may chaose tu make this refund��}�reducmg the principal a���:3 ander the Note or by maldn..�a
<br /> "�"'���%�"'«�`Y�• d'uect p�yment ta Basrower. If a refund reduces principal.the reduction wil}be deated as��artial prepayment witho��t�,.-�y
<br />_ . .,�t,:y;y�,, ..
<br /> v�.f�,.% ►d ' psepayment charge r�the Note. � � .
<br /> ���,���f � � 14. Notices. Airy notice to Borrower provided for in this Security Inswment shall be given by dzli�•ering it or by � -•
<br /> .:,� �,�._�,�',,.� mailing it by firsE class mail untess applicabte law requires use of another method.The notice sha!i be dirz�.�ted to the Property �'
<br /> � r`i,��*'� �: ' Address or at�y other address Brnrower designates by notice to Lender. Any notice to Le�nd�r shall be given by first class --
<br /> '``��ry�'•%'` mail to Lender's address stated herein or an other uddress Lender desi azes b natice to F.�:�wer. An notice rovided fpr
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<br /> .� � in ihis Security Instrument shall be deemed to have 6een given to Borrower or Lende�•��en�given as provided in this
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<br /> x„� i� ::� . 15. Governing Law;Severability. This S..curity instrument shall be govemed by federal la�.:;.ad the law of the �?
<br /> _ ---�;,,,�.•...• jurisdlction in which the Ptoperty is tocated. In tfrsr event that any provision ar clause of this Security Inst�►ent or the Note
<br /> --�=,•.-��,�,i,`�?;'� conflic�ss with appticabte law,such.�a.t?ict shati r.,rt�fect ather{;.rovisions of this Security&i.�sfivment or the Note which can --
<br /> " �-� '�• � be g�c�effect without the conflicLiz.�pmvision: �a this end.�i5s:provisions of this Stt�,.rcy Instrument and the Nar,z;�.�e ,.-
<br /> �"' t- .�' " ' �� decl�to be severable. " "=
<br />_.=� �._--
<br />°=' ` ' Il6. $orrower's Copy. Bonnwer shap be given one conformed copy of tiie NotP and of this Security Instrumeni. �:'.;';.''`y:
<br />��-�� . •_ � 19. 'ylransfer of t�e Property or a Bene�cial Interest in Borrower if all or Arry part of the Properry or any interest in '; ��;��
<br />--._ . it is sold or ttansferned(or if a 6enefccial interest in Borrower is so4d or tr�nsfer.ed and Barrower is not a natural person) • -
<br />=_ , withoat Lender's prior wdtten consent,Lender may,at its option,reyuire immediate paymr�:t in full of all sums secured by '-
<br />�':;..� , fhis Security Instrumen� However,this option shall not be eaercised by Lender if exercis��a prohibited by federal law as of �� • � .
<br /> � � the date of this Seeurity Insuumen� "
<br />�� . If Lender exercises this opdon.I.ender shall�ive Boreower notice of acceterarion. '1'he notice shall provide a period of
<br /> --= . not less than 30 days from the date the notice is delivered or mai►ed within whioh Bcsrrower must pay all sums secured by this .. •
<br /> --` � _ `. . Security Instrument. If Borrower fails to pay these sums prior to the eapiration of this period. Lender may invoke any
<br /> ��-�;,.:':: . . remedies permitted by this Security lnstrument without funher.notice or demand on Bo�ruwer. �
<br />_"'`�'"-" '�' • IS. Borrower's Rlght to Reinstate. If Barrower meets certain conditions. Barro�cr shall have the right to havc
<br /> --��r �- •
<br />_�__�-��Y4Ya��f.�` • enforcement of this Security lnstrument discontinued at any time prior to the earlier of: (a)S days(or such ather peaad as �- -
<br />—�:._a'°^.'���.'.r�.� . .
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