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<br /> -:. 92- 1U0248
<br /> --ti��� condtmnutfa�or other tukiny of any purt of the Propchy.ur for conveyance in lieu ui cadenuu�tlw�,are hc�aby u►rj�nn!wMt�
<br /> �II be paid ta Lender.
<br /> � In thc event of a totul �oking of the Pn�ny. thc proceeds .hLll hc applieJ to th�:tiwn► xkured by thi+. 54�:ur1�,y
<br /> --_ — Instn�ment,whether or not ihen due.with any rxcecx p�id to Borrowrr. In tlx;event o(u purtiul t+�in� of ihe Pn�cty.in
<br /> — which the fuir market value of the Roperty immediutcly bcFore Ihc�uking i���yuul w ur�re•r�rr tiwi the u�nuunt uf�hc wm�
<br /> _ secured by�his Security Inswment immediately before the tui:ing,unler+B�xn�wer unJ Lerakr uU►�rvri.e u�tn:e in writing.
<br /> ;; Ihe�ums secured by thix Sccurity Intitrument xhall tk rcJured hy tlu amount of Ihc puwe�ds multipliird hy the fi�ik�wing
<br /> - - - - _ froction: la)the total emount of the sums se�urc�i imn�iiately brfur�Ifx takin�c.JiviJ�:J by(bl ttt�;fAlt ntatkct vuluc uf tlfr
<br />� �� Praperty immediately before the taking. Any balance xhall bc paid w Bom�wer. In�he cv�nt �M u ptuliul tnking af'lhu F
<br /> Property in which the fair nwricet value of thc F'�openy immediu�cly befi+n the tul�ing i+ 1¢kw th�ra th�+unount of�hc wmw
<br />+' -`�� .� secured immediately befor�the lakin�.unles+ BoROwer wul Lend�� aherwi+e vgrce in wrnin� or unle�w upplicublc luw �_
<br /> ~='`-� otherwise provides,the pro��eeds shall be upplied to the sums secureJ by thic Security Inruum�m w•heehcr ur m�t�xwnH ure
<br /> - -- �=rn� thendue. --
<br /> If the Property is ab�ndoned by Borcow•er,or iF,ufler notice by Lender to Burn�wer th�t the�c�xxlrmnnr uffen lu m..►Itr
<br /> -- ____ ,_: ;� an uwurd or settle a claim for dcimages,Bormwer fails to respand to LenJer within 3U Jry�rfter the datc the notice i►geven.
<br /> �..�•v•.� Lender is nuthorized ro wUect and upply the proceeds,Al If�QP11011.eithe�to restaratia�ur n:pur of tlte Proprny or tu Ua�
<br /> �_ ___ _�•����..� sums secured by this Security In�trument,whether ur not then due.
<br /> -- -_ ;_� Unless Lender und Borrower athervvise agree in writing. uny applicution of praxeed�tc►pri�xi�wl .hall ran ��x�end cw'
<br /> __ �--_ _ e
<br /> TM�-•-- postpone the due date of the monthly payment�refcmed to in parugruuph� I and 2 ar change the��aunt of�+urh puymentw.
<br /> -�-- �--��--�.�`:,'� 11. Borrnwer Not Released: Forbearance iiy Lender Not a Wairer. Extemiun uf the time for pAyment, �v
<br /> �--___� madification of u�nonizption of the sums secured by this Securiry Instrument gn�nted by I..e�wkta to uny+ucce„or in in,4trest
<br /> -°- of Borrt�er�hall nc�t opernte to releuse the linbiliry of the original Borrower ar Borrower's succe+wn� in intereti�.I.,enrk!r
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<br /> --����,t .: , shalt x�bt requiied�o eommenee proeeedin�b :r�:nnst smy�ucecw.wr in intcrext or refu�e tc► e�:tend�ime to�puymem,or
<br /> -.— � qti�n��ise modifY au�tizution of the sum.K��w�ed by this Security(nstrument by reason of uny demand mude by the original
<br /> ?"�'� Y' °' ��ver or Borron�rk xuccessors in��r5t. Any furbeurunce by Lender in exercixing+uiy right or renxrly ,hall not be a
<br /> �= � '' wai��er of or reclude the exereise of an ri ht or remed
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<br /> -"''��° 12, Successors and Assigns Bound;Joint and Sever�l•I.t�bility;Co-sigoerx. The cov�n•ants und ogreementx of thlx
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<br /> "���?�.?'�1,"�':�? � Securit�•Instrument shull bind smd benefit�he zucceswn wxi :u�igm of LenJer und Borru�+4r,subject tu the pmvixior;o£
<br /> cn�.�;,� ;.i!_ o puragraph 17. Borrower's covenants+md agreements shall be joint And several. Any Born►»�:r w•ha co-.ign� thi� S�.wurity
<br /> �''t��`�'`'''�4��� ' In�lrument but does nat execwe the Note: (a)is cvsigning Ihis Security Instrument only to�nangage,grunt und cunvey thut
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<br /> _,}��,;;�F__°,,,; : ., � Borrower's interest in the Property under the term�of this Security Inxtrument: (b)is not per.�ally obligated to pay 1 e�umx
<br /> �.,��._,,.;.�,}���� ""� secured by this Security Ins�rument:and(c)agrc�s thut Lender and vny other BoROwer may agree ta extend,malify,f�rbeur
<br /> <<r�<<: . c mm�ke any n¢commodations with regurd to the tem�s of this 5ecurity laswment or the Nate wi�haut that Burrow�rr�
<br /> - ��"m`'��•=''_"= 13. l.osa L`l�rgcs. If thc loan sec:ured by this Security ln�tn�ment +� ���hject to u law w•hich +ets msuimum 1oc�n -
<br /> e �'S•=�-�-:qr"���''` .. charges,and that IaW ix finally interpreted.o that the interest or other lam charge�collected or ta be collected in conr�ecticxi
<br /> ,_..�,�! ��'`x° �•�^•� with the lo�+n exceed the pertnitted limitti,then: (a)any such loan churge�hall be reduced b��the am�wnt necetixury to reduce
<br /> _ "�" � `�. � the charge to the permitted limit;und(b)any.um.r already callected from Bortower whicF�excenlecl pem�iued limit�c will be
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<br />- =,�..., ,�` refunded ta Borrower. Lender may choo.e�o make thiti refund by reducing the principal ovv�•ci under the Note ur by makiag a
<br />='� ;'�'� :'��`?�;:���f � direct puyment to Borrower. li u refund reduces principal.[tk reductiun will be trerced a�u purtiul prapuymrnt withaut any
<br />=�'��.�;,, 's��•• � prepaymentchurge underthe Note.
<br /> _;;�.� °'j'�'� � l4, Notiatis. Any notice lo BoROwer pcuvided for in this Securiry In,�rument ,hall be gi��en by delivering it or by
<br /> =-"���i'�-"<: �.� '.. ms►iling it by�rst clu�.c muil unlesx applicuble la���requires u.e�if anwhcr mrthaci.'Ihe no�icr.h;Jl be Jirected to the Nti.�perty -
<br /> - `�� � 1�"� -� � Address or any other addrexs Bortvwer detiignates by noticr to Lendcr. Any notice to I.ender shull t►e given by fin� rl�.ww
<br /> �:.t: M�,•.�5:�1'lii�4:�['�� �.,
<br /> ,,,, .,t.,;�e,.• mail to I..ender�uddresx stated herein or uny othcr addre+s LcnJer J��ignatrs by nuticc to BurmM•er. Any natice provi�i�sd for
<br /> .,s�;��titi?�:;;;;;z"�' in this Securiry In�tmment�h:ill t+e dccmed to havc tken given ta Bnrrowcr or l.cnckr w•hcn given us provided in this -
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<br />_ ...... ;:,. .._, paragraph.
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<br />- r F, , 15. Covetai�Law;Severnbility. This Security Instrument shall lx governrJ_l�y Federoi law unJ the low uf thr
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<br />-:.�;, :,r• � jurisdiction in which Ihe Propeny i+IncuteJ. In thc rvent�hat any provixion or clautic ol'�his Sccuriry Inxtrumem or thrt Note
<br /> - .... contlietx with�pplicuble luw,such conflict shull not affeci olh�r provi+ion+ul'thir Serurity In+trum�nt or the Note whi�h can �,._
<br />-_`•-�''. be given effec� without �he conflicling provi,iun. To�hix end the pnwisionti of ihi. Serurity Instn�ment und 1hc Nout ure
<br />_"�tt .`�:�ti�{;'�,`'"' '^ decltued to be severnble. _
<br />`°��{: �.:.: "` l6. Bor�ower's Copy. B�xrowcr shnll bc givrn�mc runt'ormeJ cupy uf ihr Nnte:uxl af thi>Serurity Instrumenc
<br /> =`�:� ���:. � 17. '11�Ansfer of the Property or a Beneiicial Interest in Burrower. li'all or any part of th�Praperty ur•rny inu:rest in —
<br />_;�:�� `.''�t�.'+�,: --. _o it is xold or transferred (or if u beneticiul intere��in Born�wrr i.�uld or trumfrmd +uxl Borr.�wer is nut u nawral persunl .
<br /> � ••�e: �•�"°:. without Lender:prior written conunt,Lender may.ut it�option,rcyuirc immrdialr pa�•ment in full of ull sum,��cured by
<br />°-:'i;�..:Zl`_ ,,;t'�;�.,:;i ., �•_
<br />_-�, � ;{,k�Ktit.,, , this Security Instrumcnt. However,this option xhull not tx exercised by Lender if exrrri+r i.prnhibitcrl by federal luw uti of
<br />=n,� . , the date of thi�Securiry Instrumant. z�"
<br /> � IF Lender exerCiseh Ihi�optiun.Lendcr.hull give Barrow�r notice uf accrlera�ion. The n�dice�hull proviJe a prriod ot �ti
<br />__�'�• u'+' � � not le++�han 30 days irom the Jutr the notire i,drlivrrcd ur maikJ within which Borrua�r mu�t pay all,umti�rcurrJ Ny Ihix _.
<br />� '" � • Securily Instrum�nt. lf Bormwcr fuil. t��pay tlx��c +wnx prior to thc rxpiruti�m ui'thi��xrial. L�nder muy inv�dec ;u�y
<br /> � � � ,r� remeJies perminrd by this Security Instrument withuut funhcr nolirr or Jem�nd un B��rru���er. �''-
<br /> ''` ° ,. . , 18. Borrower's Ri�Bf tv Reintifute. If Bi�rrua•rr mrrh renain cunJitiun+. B�xr�m•rr +hall huve Ihc right la huv�
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<br /> enforLement of thic Securiry In.trumrn�diu�mtinurd al an�•tim�pri„r��,Ihe rarlier ui: uu 5 duy��ur tiuch uthcr�ariud r, �:.
<br /> ' �; tiin�le Famdy--F'unnle�tae4'reddk Nuc l\IFI/RN 1\1'1'Rl'SIF:\1'..l�n�f.+m c'���rnam. ')�90 �p�w�•�,d n p,�yr.0 L_ --
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