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<br /> _.,=:`,;'`�� •`'�'. � coadertuta6on or aiher takla�of s�ay psrt of the Fropetty.or far canveyaace in�ieu of candemnadan.�Ti�e6y�'gaed uad . ` �_ ^��_
<br /> �� � ' shali i�et�aid to Y.ertder._ � shaIi be applied to tt�sums sesurecl by'th't.s Ses�uitY � __-.
<br /> ,..��r , � In t�te event of a c6tai taking of the t?mperty. proce�s
<br /> °T- �����,:�; � Iosn;,mee�whether or not theu�dae,�vieh any cx�p�aid tQ Borrower. /n the event of a p�tial taIting of the PLuF�Y� �-�--_
<br /> '-� ' wGich the fair market vaWa of the Ytopetty iffinediatelybefare the takmg is equat to or greater than 31se ammmt o f t h e snms �� £ --
<br /> • � y.'." , secuned by thas Secmity Insuumsat immediately tsefore the�g,unless Horrower and L,exider otherevise agree�writing, ' �-��._
<br /> ,� ' � � the sums secur�d by this S�r Insuamen�s h fl ll b e reduced b y the amouat of the pr�oceeds multiplied by the foIIowing, - _
<br /> : , .
<br /> f c a c t ion: (a)t he t o r a l a m o n n t o f t h e s u m s s e c u�e c l"u n m e d i a t e l g b e f o r e t�e t a k i n g:.divided b y(b)the fau�market vatue of tfle • � ���.. --
<br /> - :_` �nY bataa°e shall fr� ' to Basrour� In the es�of a ' � �
<br /> �' 4 � pnppei[y`immed'iaieIy hefote U1e tatsilla°• A�► P� ��� �'_� _-- .
<br /> m whict�the f�amar�c�t vatae af the Property imme:iiateiy 6efore the taking is less than che amount af the sums �i
<br /> � in vrritin or untess applicatit�:fls� "
<br /> � � .. ��:,,,med�r?i y t�fore the rakm g,umtess Bo,zawer und.��ar otherwise agree g � �,., }�=�_ _
<br /> � �. � othernise��rnvides,the pinceEds shall he applied to the sums�-'�j thss Security instrameat w D s t h e r or no 4 t h e s�i'�t�° -- .
<br /> 6 / � - . . . . _ _c:-;, c_ �. -_
<br /> th��-�i':• after ac'`����'-���ioaocver tUat the coIIdgmnor offers to maka ;
<br /> � ,�;';�f`�� . . , ,,�"1�e�upeltq�s abandane.�b�Bormwe,r.vr if. - _- -
<br />- aa awa�or ssuIe a cla�for dama�es.Borrower faiLs to respamcT�to Leader within 30 days after the dare the narice is givea,
<br />_-----.�i-_ _ Lendec is aut�oriz�d to collect and apply tH�pmaeeds,ai its aptinn,either to ceswiarion or repair of the Pmpei�y dr to ths .
<br /> - �1`.��s.�-°;�,.�.i: sums secu�ed iry this 5ecurity inslru�ent,avlseWer m not tt�en due. ' .
<br /> �� � UnIess Lender and Sarrower otherwise ag�ee in wri�ng,any agplicaaon of pTOCezds co priacipal shall not excend or` . --
<br /> . , �,� t` ag�ee hs 1 and 2 ai change the amouat of such payments.
<br />.�,._ :,�' . r postpnne the�ue date of the manthty payments iefermd to in paragrap
<br /> -= • ;K�' ' ll. Borrawer Not Released; Forbesragoe B9 Lec�der Noi a•Waiver. E�teasion of the time for p9yment cir
<br /> -°'�;_':�;`. �.,. � Lxttder to an successor in imenst
<br /> _ ` ��� modificutian of amoniaat[on of�the sums secured by this Security Instrument granted[sy Y
<br /> ='?~�` ��* �` ' " of Borrawer shali not operate to r2tease the i�ability af the ori�na!Hotrower or Botrowerk successors in interes�i.ender
<br />-- ��� ;:•. �,•.��:� shall nat be mquimd to commesice pmcecdings aguinst any successor in intetest ar tefuse te exter�i ti�e fot payment o= -
<br />__^ T . • mhenvise modify nmortizntion of tlte sums sccu�ed by this Security In.�tniment by ccason af an7�dcman�mnde by the anginal •
<br />,_•� .:�.'�:__��'--,
<br />---. � --:-- �mrower or Bortower's successora in interest. My fotbearance by l,ender In exeneising any right or remedy sha11 aot 6e n
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<br /> ,, , •.. wuiver of or p�e[ude ihc"exe��sc of any n t ar cem y.--�-
<br /> _M:. . �;:._,��: ,. IZ. Successors ond Assigns Bonadt dotnt s�nd Several LlabWty;Co-signera 'Che covenants und si�rzerr.�au oE this•
<br /> � , . � . gecuriry Insuume�tt shall bind and 6enefit the successar�and assigis of l.ender�nd Borrower.subject to the provisions of �
<br /> , '.;• , paragraph 1'7. 8orro�ver5�covenants nnd og�ements sLatl be joint and several.Arry Borm��er who co-signs this Security .
<br /> '---_ --- Inswment but does not execute tho Note: (a)is co�signing this Secur►ty Insauraent onty to mortgage:grant aad convey thai _
<br /> . . Borrower s is�terest in tlae Property under the terms of this Security Insuumen� (b)is not personalIy obligated to pay the sams
<br /> '.' secured by this Securiry Instrumen�and(c)agr�es that Lender and any other Borro�ver may agree to extend,mndify.for6eat'
<br /> . � � : os make any accommodatians witt�t�ganl to the terms of this Securiry Insuument or the Note withflcct.that.Borrower�s --�
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<br /> • }3. Loan Chstrges. If the loan secured by this�ecurity Inswment is subject to a taw which sets maximua*.loan
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<br /> • .' . charges,and that!aw is finalIy incerpreYed so that the inteiest or other Ioan charges collected or to be collec4ed in wnm�ian ,
<br /> est
<br /> ' � with the loan eaceed the pem�itted limits,then: (a)any such loan charge shall be reduced by the amaunt necessary to r�3uce
<br /> the char�e to ihe permitteci limix and(b)aaY sums alreadY collected from Bmrower which exceeded permftted limits a+i11 be �
<br /> � � � refwided to Borrower. Lender may choose to make this refund by reducing the priucipal ozved under the Note or by malgng a _
<br /> . . �. direct payment m Borrower. If a refund reduces principal.the reduction vnll be tr�ated as a P��P�P�Yrt►ent�withaui asly _
<br /> , ; prepayment charge uuder the Note.
<br /> . 14. Not�c.es. Any notice to Bonower pravided for in this Security Instrument shall be given by detiveiing it or by
<br /> �. � mailing it by first class mail aatess applicable law raquues use of another methad.The notiee shall be dirc'.r,i ta the praperty __ _
<br /> � �•:`;,;�;::�;5., �'� • ' Address or any other address Borrower designates 6y nouce;:}Lender. My nouce to Lendes shall be given by fust.ciass . _
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<br /> '. ,.. ��,;,,i••: ��•. ' mail tv II.render's address stated herein or any other address Ler��designates by notice to Borrower. Any notice pro�rn�d fox
<br /> _ .:�;:,�• . . �,-:
<br /> , . . . in this Secarity Iiuwment shall be deemed to have been gr.en to Bonawer or LendeT when given as provided a�c+.his
<br />.";:.,'�,;�-;.'�.��. .. ' p�15�Governing Law;Severa6Slity. This Security Insuumenc shaL�Tie govemed by federa] !aw and the law�f the �'��
<br /> � �= :�u ' jurisdiction in which the Pmparty is located In the event that any pmvisiar�wr clause of this SecUrity,Ins�ument or the ti 3te °---__
<br />.r-:;:."-,�-. , canflicts with applicable law.such conflict shail not affect other pravislons of this Security Instivment or ffie Note wF�can _
<br /> ` be given effect without the conflicting provision. To this er,,�the provisions of this Security instruin�m aad tfee IVrr.e are __
<br />;�:• .' declared to 6e sevelab2e. ' " ' �---
<br />"�: � if� Borrower's Copy. Borrower shall be gn�en one conformed copy of the Note and of this Securit��Lnstrument. ___
<br /> �` ' 17. �asfer of the Property or a Beaei��llnterest in Borrower. (f all or any part of the Fru��or any interest in E _
<br /> —� � ' .- it is sotd or transferted(or if a beneScial intecest in B�rrow.er is sold or transferred and Borrower 6�:c�c1t�nat�rral person) =� --- -_
<br /> - ,-:vi_ �_ • `-'-"'-
<br />':��: : : „ : : without l.endcr's prior written cansen�Lender may.at its u;tiac�.�require imm e di a t e p a y m e a�t i n f u�l o�'a l l sums s�..�'ed b y ,�„�.-.__—
<br />� this Securi.ry Instrumen� However.this option shall not be er..v rised 6y Le�►der if exerccs:.�s prohibited by fede�L�a�as of :��-,�,__Y ,�,_
<br /> ' , , the date of this Security Insuument. � •
<br /> • �: � ..`
<br /> a,:_ .� '' If Lender exercises this opdon,Lendet sha.°:give Borrower notice ef�.:,eteration 7iie notice shall pmvide u period of _�.s�
<br /> �__..,�,. .r��: ,__
<br /> ;�:` ��• ° not tess than 30 days from the date 1he nouce is�livered or mailed within which Borrower must pay all sums secured by this = . -��-�--- ,
<br /> � . ' '' �,''�°�'�'� �
<br /> � �,� Security Tnstrument. If Boaower fails to pay L'�ese sums prior to the expiration of this period. Lender may invoke any .,.` ,.
<br /> _;��, ._ � � . • . r�en:�es permitted by this Security Insuum�nt wn�a��t fur.i",�"r notice or demand on Borrower. r';• -;:,�r•�� �' �
<br /> 'f��-:y'4ir:.��' . • •-
<br />.__�.: . 18. Bonower's Rig61 to Retnstate. If�o:ra�ea r�s certain conditions. Borrower shall have the oght r,o have ,,., ..
<br /> . {;.;;�,...•.:�if,ti,.':,� .<
<br /> �_� ' •�`� . enforsement of t4�is Security(nsuument discontinued at any time prior to the earlier of: (a)5 days(or snch other p�riod as . � ;., .
<br /> ��. . �
<br /> �, ' . � • Single Frmity-Fanate MaelFreddIe Mac UNIFORM INS7'RiJMENT••Uniform Covenanu �r19U (Dage 4 oj6 page.+1 : . '
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