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<br /> ?�� •-� ' ° condcmnntian or other taking of any pnrt of the{'�operty,oe for wnveynnce in lieu of condemnation,arc hcrcby.�signcd and =__-
<br />'-'°`_=_-°• ��� � Shnll be patd to Lcndcr. „
<br /> '�'�►����- ;.
<br />_ ;�s�; f,�,,,�,,. I�i thc event of n tot�l a�king of�he Praperty, �hc procccds shall be npplied to dic sums secured by tl�is Sccurity
<br /> f�:, �� (nstrumcnt,whctlscr or r�ut tlten duc,with a�i3r exccss paid ta T�orrower. ln th�e cvent uf a pnrtinl taking of thc Property in
<br /> _ h�.:•�a.?.,;,,:;,,',.• -
<br />- which thc fnir msrkct valuc of thc Properiy imrnedi,itcfy bcforc thc u�kinb is cqu11 to or grcatcr than tho amount o t ie sums
<br /> ---�'"'"'•''•�``"�'�`� secuecd by ihis Securiry Instrument immedine^ly before the taking,unless I3arravier nn�l Lender othr.nvise agree in writing, •
<br /> �.�.:,o�.,.:�:��u:;�:„�:.,yi tize sums secured Uy this Scewity fnstrum�►u sh�li be reduced Uy the amotmt of t4�e proceeds multipl'red by the following � . 'sv��
<br /> --=_==-�=�ti� fraction: (n)QiG wtnl amount of the sums secumd immcdlutcly tx:fon the h�kins,divided by(b)the fair market value of the �-
<br /> :,..i.,.,h -
<br />��''-'�^��' R�- • Property immcdintcly 6efore the tuking. Any balancc sl�all be paid to Borrowcr. In thc event af n ��►rti.il taking of the ��
<br />="'•�,_;,:,;.�;;" , Property in which ihc fnie mnrkct vnluc af thc Property immcdiutcly bcforc thc tnking is Icss thiin thc amount of the sums `-
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<br /> 4ar�.•�'��` � -•• securcd immedintely lxforc tQzc taking, unlcss Borcower and Lender othcrwise o�rce in writing or unless npplicable law
<br /> �,u;". otherwise provide�,the proceeds shall be npplied to the sums secured by d�is Securiry Instru�nent whether or not the sums are
<br /> �e ,,.,so-.:�,�.�:. thc�i duc.
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<br />��;.�,:�;;,s;�,:,: lf the Property is ubandc�ned Gy l�orrower,or i:,after noticc by Le�nder to Borro�ver that the condemnor offers to make . ._�
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<br /> < ,�,.�+: • " an awnrd ar sctdc n clnim fnr elamages,Horrowcr fails to respond ta Lcndcr within 30 duys aftcr thc date thc notice is given, � s
<br /> •.:°". . .
<br />=?��,j:°=��_:•:• '•. Lender is autho�ized to collect and npply the procccds,►►t its option,eithcr to restontion or repair of thc Property or to the �'�,F�
<br />`�;-- •... ,....•.�. sums secure d by t his Sccucity Instrumcnt,whether or not then duc. .
<br />�`�"';`';'; `'i'" Unlcss �.endcr nnd Borrower othenvise agrec in writin�;,any applicution of procceds to principal shall not extcnd or �r'
<br />�"�""'•'��•"'� ' o�t ne thc due date of the monthl a ments refcrred ro in �ira ra hs I and 2 or chan e die amount of such paymenGs. . �
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<br /> -�°�"T4�����`:�.• 1 1. I�o r r o w e r N o t R cl eused; �orbearmncc B y I.ender Not n Waiver. Extension of the time for paymcnt or .. +�, �
<br />�.:o.,ia.�-�. .�n..t.1�.�n
<br /> �•_�''�";^:'.' " madification of zunortizotion of the sums secured Ny this Security Instrument granted by[.ender to�ny successor in interes t , •.,N r• rr�,
<br /> �'-�-•`-����'��•• of Borrowcr shall not operate to rclease the liabiliry of thc originul liorrower or Borrower's successor, in inter�st. Lender ,,��.. �..q,lY��+` �
<br />'�-'`'��''�'':• shull not Uc ee ulred to commence proceedings against any successor in interest or refuse to extend tima for payment or �, .""s`�
<br /> '>(3,..,':.,. , . 9
<br />-%'T"� otherwise modify amorti•r.ation of the sums secured by this Security Insaument by reason of any de�nand made by the original -y->d!�;ry�
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<br />�;�.,�.}��:��':5 , Borrower or Burrowcre successors in interest. Any forbcarancc by Lcndcr in cxcrcising any right or remedy shall not lie a '" , s--
<br /> � at...,.<. � . �,��>:-
<br /> waiver of or pmclude thc excrcise of any ri�ht or remedy. '�:`°�•'.:':��,�
<br />=p�! • �� 12. Successors and As�igns Bound; doint und Severnl Linbility;Co•signers. The covennnts and agreements of this
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<br /> =,:�.F�"'�'1'�I� : ,. ' Security Instrument shall bind and I�enefit the suceessors ctnd assigns of Lender and Borrower,subject to the provisions of ;., ,`�,;;�k,.,.
<br />=u;_�;:;,;.__ :•..- :, psuugraph 17. Barrowers covenants a�id ugrcements shall bc joint and s�veral. Any Borrower who co-signs this Security r..
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<br />`"' Instrument but does not execute the Note: (a) is co-signing this Securiry Instrument only to mongage,grant and convey thut .: *�'�,
<br />�!��•'��•:�����-� � Borrower's interest in thc Prope:rty under thc tcrms of this Seeurity Instrument; (b)is n�t personully obligated to pny the sums •, . '"'°"`
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<br />-F.-.- •• secumd by this Security Inswment:und(c)agmes that Lender und any other Borrower may agree to extend,modify,forbear '
<br /> a'S.�.- � �.: •
<br /> �,;. ,. ... . � or make nny accommodations�vith regard to the terms of this Security Instrument or the Note without that Borrower's ,' _�.
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<br /> Lr ° "` ` 13. Loan Cl»rges. [f the loan secured by this Securiry Insaument is subject ta a lu�v which sets maximum loan — _
<br />�.� .�,; +.�� ' churges.nnd that Inw is finally interpreted so that the interest rn•other loan charges collected or to be collected in connection
<br />�. ,;;,,,_ , with the loan exceed the pertnitted limits,then: (a)any such loan charge shall be mduced by the amount necessary to reduce ,� �
<br />- ������ tlte chnrge to the permitted limit;and(b)1ny sums ulrea3y collected from Borrower which exceeded permitted limits will be
<br /> •..�:e�:.. -
<br />���•. w refunded to Borro�ver. Lender may choose to make this refund by mducin�the principal owed under the Nate or by making a
<br />-`�=u- •� Jirect payment to B.�rrower. If a refund reduces principal,the reduction will be�reated as a partial prepayment without any
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<br /> , prepayment charpc under the L�ote. � " ��,,
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<br /> �r - '�' ` 14. Notices. Any notice co Boirower provided for in this Sec�arity Instrument shull He given by delivering it or by
<br /> .11:1 J •.• . ���1
<br />'•"""'�r.`•.;, ' mailing it by first r.lass mail unless applicable la�v requires use of another metliod.The notice shnll 6e directed to the Property ��'�•t. -
<br />��.��`•':'`"""'"'.""� ., Address or any other address Borcower designates by notice to Lender. Any notice to Lender shall be given by first cluss . ,y,. ;;
<br /> -__-=:t�_.��... , .. '�. 5.:
<br /> �._ ;;,,x;; mail to Lcndcr's address stated herein or any othcr address Lender designates by notice to Borrower. Any notice provided for �,- �`
<br /> in this Security Instrument shall be decmcd lo have been given to Borro�ver or Lcnder when �iven as provided in this ���• :
<br /> -�:,'a��:� P�a�ph,
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<br /> :'`'.:•`".. , Y:.• 15. Governtng Lnw; Severnbflity. This Security Instrument shall be govemed by federal law und the luw of thc � J%�a! ��
<br /> ",:;:..:<.�•��:�....., _
<br />_�;,,,,,�,,,,, ,,. , jurisdiction in which thc Pmperty is locateci. In the evcnt that nny provision or clause of this Securiry Instniment or the Note =•��f` , �'-��e�
<br /> . conflicts with applicable law. such conflict shall not affect othcr provisions of this Security[nstn�ment or the Note which can ^���j% ' �,� w _
<br />;'-,.-�.•�. be given effect without the conflieting provision. To this end the pmvisions of this Securiry lnstrument and the Note ace •
<br />�sr• F'`• declared to be sevcrable. • �
<br /> 'a� � � i6. Borrower's Copy. Borrower shall hc given onc confomied copy of the Notc und of this�ecurity Instrument. . �,y� -
<br /> � ��� 17. 'Ilransfer of ttte Property or u Sene�clul Interest in Borrower. (f all or any part of thc Property or any interest in ,
<br />���' � it is sold or trunsfearrcd(at if a beneficiul interest in Bono�ver is sold or transfcrced and Borrower is not a natural pe�son) •' F,
<br /> without Lendcr�s prior written consent,Lender mny,at its option,require immediate puymcnt in full of all sums scr.ured by .��;�a.�',
<br />��'� t h i s S e c u r e ty I n s w m e n t. H ow ever,this o ption shall not be exereised b y Lender if exercise is prohibited by fecleral law as of �1t, �� ��-t.
<br />�:;n �� , the dnte of this Security Instrument. � �" �o��
<br /> "� � 1f Lender exercises this option,Lendcr shall give Bonower notice of accelerotion. The notice shall provide a period of �r+�•
<br />�„k� ., , not less than 30 days from the date the notice is delivemd or mailed within which B�rrower must pay al[sums secured by this �"�,
<br /> 1. . Security Instrument. If I3orrower fails to pay these sums prior ro the expiratlon of this period, Lender may invoke any � ,,
<br /> � [�emcdies permittcd by this Security Insuument without further notice or demand on Borrowcr. . : •
<br /> � ':,. 1$. 89rrowcr's Right to ffteinstate. If Borrower mcets ccrtain conditians, Borro�ver �hall havc thc right to have " A.
<br />� � `;,� ' � � e n f o r cement of this Security Instrument discontinued at c►ny time prior to the e:ulier of: (n)5 days(or such other period as 1 :�►
<br /> " Sin&Ic Family•-I•hnnle M11nelFYcddlc Mnc iINITORl11 INSTRU11fCNT•-Uni(orm Cuvenants 9J90 fpuRe 4 oj6�xrgesl � �i
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