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<br /> �'`"�`��. � pesy.ar for canveyaace in lieu of condemnatioa.aze he�by ass�gn�aad . � } T����=� �
<br /> � � - . condsmiiation ar other talUng qf aQy part of thee P�o �:�
<br /> `µ---`��` shalt be paid co Leader. • . � � -
<br /> i�' }}� � In the event of a tor.tl taEs�ng of the Prnperty.dta prooeeds s�all be apptied to the snms sa.-�ued by this S�ity • �F� . -
<br /> � [cssu�uuent�cvhether or nat then due.with aay excess paid to Bmm�wer.,Irt tfte event of a partFai t a k i n g of the t'ro ' "r`���
<br /> R�- z,; ' . . -
<br /> � n� , . w h i a h t h e fair m a r k et v a i ue of the Froperty iaunediaEely befaie the taking is equa!to ar�reeaater than tlie amount of the�sums� � �� <.��,�� �
<br /> � sectued ty Y g. _r_��s��
<br /> �:x.:,�.��.� � by this Set�ui Iastrument immediatet 6ePore the takin uniess 8ortov��er and Lercder nthezwise a�ee in wsitiag, -�.��, ��, -
<br /> t h e suats s e c u m,d by t h i s Secvrity U a swmeat s h a l!i s e neduced bg the am�nnF of the ceeds mW� ued b th�fbIIotvin �. �4 ;
<br /> �;.��-. frastioa: (a)the tot3t aranunt of tlte sums secuted iFm�n �r�y h:fa�tl-�c tabv+g,dayide�bY @)tite fa r taarket vafae of the { -: '� � '
<br /> Y �': " Pmpert�r imTnediately hefore the�ing. Any balaisce shali be paid to Bnrrbwer. In the eveni of a =j�-°�t R�,�..�--
<br /> �,� : Partial taf���f the ����,_;.:
<br /> Ptoperty in which the faIr ma�cet walue of the Property immediateiy befor�the tatdng is fess than the amou$t uf the sums �,s���
<br />-_ �: ::�.;£,�'_. ' secuied imm�iately 6efore the taking,unless Homo�ver and Lender othe�vise agree in writing or imiess applicabie faw - - ---
<br /> . .
<br /> ��
<br /> t � � . otheranse�des.the piaceeds shall be applied to the sums secured by this Security lnsu�aeut wheih�r or aat the s�ms m� _. . _ _
<br /> .,.v_a. .,. - - iueu�i,n-, ---_ _ _.
<br />-`:.':•°'.�:`' �=.. • 1f the Ropetty is abandgaed by Borrower.or if.after notice by Lender to Boimwer that the condemnor offers to ma&e =—
<br />•-r'c���;,:;�,,,;��<;� : • an aalard or settle a ctaim for damages,�orrower fa�7.c to resgond to l.ender withia 30 days after the date tbe ac�tic�is given, !�
<br /> --.::���: C.ender is su[harized eo col�eci and a�ply the pioceecls.at its option,either w restaration or tepair of the Property or to the
<br /> ;,� 'z '�' suras sec�u�ed by this Securiry dnsWment,whethesor rtot tiien due. . , � -- -_--
<br /> , i�.! :�, ' Ut�Iess Lender and Socro�+rer oth.erarise agree in writing.any app&catiou of proceeds to.Prmc�pat shall not eatsnd or � -- -
<br />_ : • • ;< . po s t pone the due date of the rrmnthl y pa y men t s re f e m e d to in paragiap hs 1 a n d 2 or c h�ge ths amn�nt of s�+ch lsayatents. • -_-
<br />_;`-_�:�,:?;:= , ; IL Borrowes No! Released;,Farhearauce gy �ender Not a Waiver. Extea,sion of t6e time for payment or
<br />_-�.�,�a_� modifi+�ation of amonization of the sams secared 6y this Security Insirume�u g�ant�d b Lender to aa s
<br /> - ,:_.,s-.r.::,i: . y y itccessat in intprssc • -
<br /> , „�� of Bomawer shail not operate to retease the fiatsiliry of the originai Bormwer m Bm7ower's s�ccessms in int��. /,��t
<br /> --� ; sha!!a�i�srquiied to roa�sx��r^.,�iII�agaivst auy succroa,vr in inter�or cefuse to extend ame for payment or � =- --__
<br /> ` Y•� ' oitienvise modify amortizaAon of tha sums secw�ed by ttus Sec�uity lnsuument by teas�n of any demvtd made b}r the origihat - - -
<br /> ..�. :r•:=;� • . f Basmwer or Borrawer's successors in interes� Any forbea�aace by Lender in exercising any ri�ht or remedy shaII noi be a
<br /> ' �.:t. i waives of or piectude th�exercise of any right or ceasedy: � . -
<br /> - -'= > I 12. Suoce�ors aad A�ns Bannd;Xalnt and Se�eral Liabflily;Co-s'sgaers. 'lize covenaats arcd agreements of this --
<br /> � �� I Security Instr�unent shall biad aztd 6er.efit the successots aad auigns of t�nder artd Borrower,subjCCt to the provisians of �
<br /> '�: ''�; P�aph 17. Barrower's covenants aad agreemepts shall6e joint�nd sevsrai.Any Sorro�er who co-ugns this S�ity � -
<br /> . ,e. � ��=_—
<br /> "`: . �,- Instiument 6ui does not execvt�the Note• a)is co-si �
<br /> . ..;,�,�� i • ( gning this Security Instnrmeni anty to mosgage,grant and canvey that _ -
<br /> -� �—_ ----BaFSOtates�shetere.gt is�thr.Prt��+�;_!tnd�t�t�ts��f t#�s S�r.ain,i�sssaar.t-."�-:ts)�;:.��,:.;�!�o�;g�'cv fi�e sums _ _ — --
<br /> . ;i,:� i secured 6y tti�Security,Instrumen�and(c}agrees that Lendes and any other Bolrower may agtee to eatead.�nodi�,forb�ar � = --
<br /> • + or make any IIccommodations with regard to ihe terms of this 5ecurity Instrument or the Note witltirut that Barrower's -
<br /> • � W � • consent . • . • --
<br /> ,�;.., �� , ' 13 Laan Charges, if the toan secured By tfiis Security Insq�ument is subject to a taw wlhich s�ecs m�ucimum Ioan -��
<br /> m uc -
<br /> ; charges,and Wat law is finally interpreted so that tlie inteiest orother toan charges collected or to be collected in cannec�ion -
<br /> �• '"�%'"� � with the Toan exceed the permitted limits,then: (a)any such loan charge shall be redaced by the airiount necessary to ceduce �-'��"°��'�
<br /> � ` the charge to the pemutted limifi and(b)any sums already collected from Borrower which exceeded permiued limits wilt be � °�
<br />;J�'�� .`�,f � refunded to Borrower. Lestder ma choose to make this refund b reducin 1he ' �•�'
<br /> Y y g principal owed under ihe:Vot�or by making a
<br /> � � d'uect payment to Borrawer. If a refund mduces pmicipal,the ruiuction wil!be treated us a artial re� `���
<br /> ���' P P DaYment withom any
<br /> � prepayment charge undes the Note. -;°°�__'.,�
<br /> _.r:.�:;-�'s..- 14. Piot�ccs. My nouce to Bo�rower provided for in this Security Inst�ument shall be given by deliverin it or b ��.?�m'���.�_
<br /> mailing ir by fiist class mail uuless applicable law requires use of another methal.The notice shall be directed ta the Property 2 z,
<br /> , s `,:; •`•" • Address or any other address Bomawer designates by notice to Lender. Any rtoace to Lendzr shall bG�given by fi�st ctass ,� '' �i�
<br /> a � ' mail to Lender's address stated her+ein or any other address l,ettder designates by notice to Botrower. Any r,otice provided for ' �-•'.�.�.'--�`�
<br /> �.i���r..tef.�.... �
<br />-___ _`=. ��: '•._ in this 5rcurity Instrument shall be deemed to have 6een given to Borrower or Lender when given:x;} Qrovided in tius ��'��-�;:��`�
<br /> •„�:• �� ara f�. .,„,. °
<br /> a:.,� P �P �verntng Law;5ever.tt�iltty. This 5�curiry Insm:�ent shaU be govemed by C�teraf 1aw and the Iaw nf'[i�°� `r �3����:--
<br /> _ ��� jurisdiction in which the Ptope�ty is facated. Ire�:event thaz att rovision arrlause of HtiS�_curi ty 3 n s t r u m e�u o r t he 1 Vc�t� �'�-
<br /> :�;�""•'':F Y� , T...:�.� �.a-a ..-�:_
<br /> conflicts with applicable taw,s�cc��lict shal!n�s�ffect other provisions of this Securitp L�.strument or the Nate whicf�can + -
<br /> _ �.. : I be.�iven effect wik`.�,x tze canfi[cei.�g pravisw� ?'o this end the provisions of this Security Insuument and the Note are '. � �
<br /> --- . - declared to be sever�'_� ; �_f. ::: ..
<br /> '' �'''���' ( 16 Borrower's Copy. Hora�w�r shall be given one confarmed copy of the Note and of this Securiry Instrument. � � . � '��� .
<br /> r 'y . , `
<br />.:��,._...; • 17. 7hiasfer of t6e�ro�srt��a Beneftcial interest in Borrower. If all or any par�a±the Pmperry or any inteiest in ' �`
<br /> ''`��;'iw ' it is sold or transfetm.d(or if a b�t;cial interest in Borrower is sold or transfemed and Borrower is not a natural person) � `"
<br /> �"' � � without Ler.der's prior written consent.Lender muy,at its oprion.require immediate payment in full of iill sums secured by . , . : , :
<br /> ..�.?.�_, , .
<br /> ���"" �`� this 3ecurity Inswmeu� However.this option sh3!!not be exefiised by Lender if ex�ercise is prohibited by federal law as of
<br /> ` �'" � the date of this Securirj InsWmen�
<br />:�r=���':,''i��� � If I.Eader exercises t6is op5on,Lender shait give Borrower notize of acceleration. The rodce shail provide a period af
<br />-__� ;�� ',`•." not Iess than 30 days from the date ttoe noGce is delivered or mailed witinn which Boaower miu;pay a11 sums secured by tfcis
<br /> �'�=-'�;'��> � Secwity Instrument. If Horrower fails to a these sums nor to the ca iratinn of this �'
<br /> =a'a;::.,;�>,r�: ; P Y P � P period, l,ender may invoke any . • .
<br /> _- .�h�L;�?� f remedies pertnitted by this Security Insttument without further nodce or demaad on Sorrowet
<br /> ''�'`"x'�ry .i 18 $or�ower's f3ig6t to Reinstate. If Barrower meets certain condiaons, Barrower shall have the right to have ' �
<br /> � :,�� � enforcerrsent of this 5ecuriry Inswment disconsinaed at any time prior to the enrlier of: (a)S days(or such other petiod:is � �. � .
<br /> --�,-_,�:'-i`' + � gL�le p..mily..Flwnfe Mael6reQdk Mac UNIFdR14f iNS7'RUMENT--Uniform Covenants 919p /paRe 0 oj6 pa�esl . •
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