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<br /> --- 92— � uoi4o
<br /> - candemnation or ahe�tolcin�ot'any pv1 of Ihc P�apcAy.ur i'ur c�x�vcpunce in lieu af rwidemnu�ian.u�hercby assipned and
<br /> - shall t�e p•rid tu Lender.
<br /> -- !n�he event ui o total taking oP Ihe PmpcRy,lh� eeds xhull be upplicd w tlu �um.µcurcd by Ihir: Sccud�y
<br /> __��— instrument.whe�hcr ar nix�hen duc,wi�h ony ez��sg Ewi t�i Bum�wer. In iltc evem oP u panial�uking af t6c Pn�peAy in
<br /> which �he fuir market value of�h�:Property immediulely tx�furc the�uling i�ryuul to ar�trcutc�Ihun thc unx+um uf�he xumx
<br /> ._: - r,ecured by thi�Secu�ity Inxtrument imrnedintely betore�he Iaking,unlea.Bormwer und I.ci�der�nherwi.r agrec in w�iUng.
<br /> ^��'� �he�,ums sccu�+ed by thiti Srcurity Insuvment shall f� reduccJ by th�: amaun�of Ihe pnxreds mul�i�licd Ay Ihc fi�lluwfng
<br /> , �-_--_-- -- __•-
<br /> frncliun: lul the�aol amaun!af the surn�xccured immeJiately before�hc iukin�s.divi�kd by IMl du fair mud:cl valuc a t r r,--T ��
<br /> ;:S�`- Property immediatcly before the taking. Any balunre sholl lm puid to Bcxr�wer. In�he even��►f a puriful taking ot the _
<br /> - -:,.� Propcny in which the iair mw�ket valuc uf the Pn►peny immedia�cly before the tu�:in8 i:.Ie++than thc umoum at'�hc xumx _
<br /> ___�`� .ecured immediutely befbre �he ta�InF,unle.r•.ti Borrowe�und Lender athervviu ugrer in w�fting ur unlesx applicublc luw �
<br /> othcrwise provides,the pra��dx rhull be applied to thr tium.r�sYUrcd by thix Se�urity In��tumem whether ur nat Ihr sumx ure �4
<br /> a�,.;fir,.�� lt�en duc. �%;
<br /> __- -:._,:� If the Propeny is ubundoned by Borruwer,or if,af'ter n��tire by Lrndcr to Bamawer�hs►t thr c��nJemnar offcn�o muk� �
<br /> �:.�..:'�.:
<br /> un awwd or seltle u cluim for damoges,B�xrower fuil�to rexpnnd to Lender within 30 Juy�uftcr the dute the no�ice i�gwen,
<br /> _��_•..�_"� Lender ix authorized to collect and upply the pmceeds,at i�s option,ei�her�o res�omtion ar r�pair ot'�he Pn�peny or tu�he �_
<br /> -"'�"`�`-..� 4ums secured by thiR Security Instrument,whether or n�t Ihen due.
<br /> �--a-- _- --_-_ _y-`,°� Unle��Lendrr and Ba�rower ahenvi�e�igrer: in writing,imy applicution af proawds to principal ,hall not ex�end or -__
<br /> _ _ pos�pone the due dute of the monthly payments referred to in parugraph� I und?.or chunge the umuunt of such payments.
<br /> -. -_-���� 11. Barrower Not Released; ForbearAnce By I.ender Not A Waiver. Es�entiion af the iimc fcx p+�yment ar _
<br /> -----� ' madificntion of umonixution of the surns,ecured by this Securiry Instrument granted by LenJ�r to uny successur�n interes�
<br />- --- -- - _::,�,.�.�.<'` of tiorrawcr rhull na operate�o release the liability of thc originnl Borrower or Bormwer's surcestion in interes�.Lender �
<br /> __;�;# '�'.,_, shall not be r+eyuired to commence prciceedings agninst uny successar in inten�M or refuse to cxtend time fur payment or `
<br /> ---�'�`• , otherwise modify umonizaiion of the cum.securcd by this Security Inxtrument by m�son of z+ny demand mude by the originul
<br /> ��..:;"''�. 8orrower or Barrower's successon in inlerest. Any fort+eurance by Lender im exercising uny right or remedy shull nat be a �
<br /> �;l�;;y�:° wuiver of or preclude�he exercise of any ri�ht or remcdy. �-�
<br /> - - -`�=�t� 12. Successors and Assigns Bound;JoiN and Several LlAbilily:Co-sigaers. The covenoms und ugn�ements of this ----
<br /> '��-� �.:��,. Security In+uument shaA bind and benetil the succetixon unJ ursigns of Lender und 8orro�ver, subject to�he provision:�of
<br /> ----"' '' psuagraph l7. Borrowerk covenants nnd ugreements shall be joint and severul. Any Borrower who co-siFtns this Security ��
<br /> °``���?"� Instrument but daes nat execute the Notr. lul is co-signing this Security Instrument only 10 mortgnge,gr•mt�d convey thnt
<br /> .�; �
<br /> �,;:• ��•.i„ Borrower's intemst in the Propeny under thr terms of Ihis Security Intitrument; (bl is not personully obligAted ta puy�he sums �l
<br /> --..�1.,`'', secured by tiiis Security ln4trument;und Ic)ugrces thnt Lender�nd uny other Hortower muy agree to extend, modify,t'orbeur —
<br /> -:�: ' '� i or muke any ucmrnmc�duiions wlth regurd �o�he �erms of this Secu�ity Ins�rument or the Note without thut Barrower`s �„_
<br /> �u:_.��rSt�,r�, . COIISCnt. - -.
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<br /> `,�, , ,���*f ,` l3. I.oan Ch��ex. If ihe iva�i +«ured by ittis Security ln�tre�mem i� �uhjec� ta u law which �e1x maximum loun �-
<br /> __. _� ,. ..�. ,:, charges,s+nd that law is finully interpra:kd sa that the imcre.t or other loun churges collected or to be co1le�Ked in connectian
<br /> ,y'f� ,��, � with the loan exceed the permiued limits.then: lu)any such loun charge,hull be�duced by�he um�wnt necesw�ry�o reduce �;�
<br /> -.c�•�'�t 1. h 7'^.t.
<br />�-u,�,r5 •`� , � ' ��` �� the chnrge to the pemiiued limit:und(61 uny sum�alreudy collected from Born�wer whirh exceeded permiu�d limi�s will be �:
<br /> .,��i.,,S.:y�f' • °
<br /> ;,„ ,, refunded to Borrower. Len der muy choose to make Ihi+refund by reducing�he prin�ipul owed under the Ncxe or by muking a =
<br /> _�-����"��' •, � direct puyment to Borrower. If u nel'und reduces prine:ipul,lhe reduction will bc:neated us u puniol prcpuymeM without any
<br />__-;�-;;�,,,,;;,;;,�,;, prepaymentcharge under�hcNotc. __
<br />-- 14. Nolices� Any natice ta Bormwer pnwided Gir in this Securiry Im�niment+hnll be given by delivering it or by �
<br /> -•��,;'`� . • muiling it by first clu+s mail unlrtis upplicublr luw reyuircs use of unather mc[hod.The notice shull be dirc.-cted lo�he Property . �
<br />� =''�`��:f ,, ., Addmss or uny aher uddresx Borrower dcsignute+by nnticr to Lender. Any noticc to l.ender shull he given by fint class
<br /> ._.�ar--�-u+.�
<br /> S�. �{" mail to Lender's addre,.s�uted hercin ar uny���hcr udJrc.ti Lrnder Jesi�nutc+hy notire�o Bortuwer. Any nntice provided for �'-=-
<br />�.:..'��•F}n .i . ��
<br /> _�.•- � .' in this Security Inslrument xhzdl lx� dcrmed w h:�vr Ixcn �i�•cn to Borrower or Lendcr when given nc �+rovided in t �
<br />- � ,�.. . .j�i��.:., . purugruph.
<br />� -- � •,•,.;r•,.�,;r,�� IS. Coverning L�w; SeverabilNy. Thi+Securiry tn�trumen� �hull he �overned by federal low und the law of 1he Y
<br /> '=�`��-�=-='- ,�t'�"'�"" urisdietion in which�he Pro rt is localed. In ihc ev�nt that any provi+ion or cluusr ot'�his Seeurity Instrument or�he Note
<br />-;-�— SY;;' .I p� Y
<br /> _':-_.������� 3'< � contlicls with upplica61e luw,such conflict+hull not ui'fcrt other provisiam nt'thi.Security Instrument or�h� Note which can ;f,
<br /> - �'�"'��`��"*'; be given effert without ihe canfliciing provi�ion. To this end the pmvixiona of thi�Securiry lnstrument sind ihe Note w�e ,��Y
<br /> •�?,�"�• �;, �L.:°•�:;.,a�* declered to bc sevcrablc. �••:�
<br />.;t,, '�,. e�'. ^�r;�f� 16. 8orruwer's Copy. 8nrrowcr�hull ix�;ivcn onc ci�nli�rmed ropy of�he Note und of this Se�urity Ins�Nment. _-
<br /> - -- l7. 71�anv�er of the Property or a BeneBcial Interest in Horrower. If aU or uny pun aP thc F'roperty or any interctit in �:?
<br /> +'QlaNii�,.� ,.
<br /> -- ,;,;,..•� it is suld ur uunsferrcd(or if a lxnef iciul intcrcst in 8ortowcr i. ���Id��r�run.femJ anJ Bnrrower is not u nuturul person)
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