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<br /> � �� 92-1 �0375
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<br /> ,;3 condemnatian or aher tat:ing oi nny p:vt of Ihe Pmpeny.ur fur r��nveywuti in licu ul'ruixknuw�i��n,urc Ixrcby a�aigrnxl+ual --
<br /> ��� . ahall be paid ta�ender.
<br /> .�' �` In � evcnt oi A t•xul iuking of thc Prupcny. �hr pnxc�d* �h�ll h. u�lird to�ix ,urn� �•rcurcd hy Ihi� Sceurity
<br /> • .,' ,
<br /> ����' .Z:`�'`'�" �•' Imm�mcm.whether ornW�hen Juc,wi�h anq�xca.�p+�id tu BoROwcr. In ihr rven�of u {unial tulfn�af thc 1'mpeny in
<br /> �� • whi�h thc fuir murke�value of�hc PnipcAy imm��liatciy'heti�R�hr iul.�n�i.equai u�ar g�cu�cr Ihun�he um.wnt of�hc�umr _
<br /> '��+,,,;�� ��ured by �hi� Sccurily lor�n�menl immcdiutcl�•I+�ti,r�ihc tulin�.unlr„ Hum�wrr und Lcndcr u�hrrwik ug�c in wriiing. - -
<br /> � thc sum,.�tiu�-d by Ihiti Sccurity Inctnimcm rhall F+c reduc�tii hy tl�um�wn��►f Uk pnxc��l, mul�iplicJ by �hc folk�wing
<br /> :' �����. �
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<br /> - - - -,,� - fra�li�m: �ul il�e aKUI anwun�uf thr sumti urun:d irnmnii:itel��heii►m�t��u1,in�.divi�kJ My Ihl Ihe f•rir marl.et vuluc o t r � _.
<br /> ,,~ • *:�'�"t Pmpehy immediutcly bet�x+e tt�e wlcin�. An�• bal:►cti:e*hull hc paid a�Surn►wcr. In thc cv�m ol'u puniul �uking��f�hr °--
<br /> _.,,� � :. . Prapcny in which tbc fair marke�valur�►f ilk Pm{x:n�• imnn�liu�cly bci��nr dx taking i. I��� �han thr umuum��f thc sum, --
<br /> - �;:. •.���. �ured immcdintel��I+efarc the tnking. unle., Bnrr��w�er anJ LrnJcr�Nhcrwi,c agrc� in vvd�ing ur unle.� upplicoMle luw -_
<br /> —�-�;��;.`.x , ' othcnvi.re pnwiaie�. �he prcxeedx�II hc rpplied tn�he�um�+��unJ b��thi.Securi�y Intiuunxnt wlx�hrr ar nrn thr*um�ure _--_
<br /> -� u...,�,j�,.tx�� thcndue.
<br />:�,,�;y �•..., :.-;,��` I�'�he pmpcqy i�nt+:u�lon�Kl hy Bum►wcr.ur if'.aGer n���icc by LenJer a Bom�wrr thui thn cundcmnar offun ai mukc �__
<br /> <.��±�� ° an uw•ard or fienle u cl:um fur Jvmu�e,.Q��rn�wcr t'uil+�u�rr.pmd a�Lrndcr wi�hin;�I d;iy,af�er�he dute�he nmice i,µiven. �,,...,
<br /> � �.� .��.�^. L.ender i�uuth��rii�d la collect wxl apply Ihc pr�x�'cJ,,a� it�optinn.citl�er to mti�orrtian ur n:ry•ir ol'�t�Pmpeny or�o the ��?-.
<br /> _.�a,�..�:,. _ _ _.
<br /> rum+�u�urrJ by�hix Scrurity Imtrumcm,w he�hrr ur n�n thcn duc.
<br /> - �►.'_'�� ., .,-i�•�, . • ---
<br /> - �� .��,,�ri Unler+Le�xler and B�ROw�r��dxn�i.c a�,nti in w�iting.an)'aPplirati��n uf pnxccd. tn prinripal ,hAll nut ex�end �tt
<br />- �r���.;i',�: po+tponc the due date uf th�monthly pnymcm+n:i'errrJ to in parugr.►phs I •rnd=o�chunge ihc umount of tiuch paymcnl�. _
<br /> ���'.'•�. �•��*•'`� � 11. Bo�ower Not Released= Morbearuner By l.ender Nut a Waiver. �zten.inn ol' ihc time fi,r puymem ur �
<br /> _.:._ reS...uL':3_
<br /> -.�va; madifiration of umonizutian of�hc.um,.�tiurcd hy�hi�Serurity Insirumcnt grumeJ by Lender to uny wrce++or m intere�t �,�:
<br /> � ��::������ of Borrower tihull�nt opernte�u releA+e�he liubility of�hr originul Borcower ur Borrawr��.ucces,on m irnere�t. Lender __-
<br /> _� '��� � tihull nat!+e requircd to commence pr�xerding+u�!:�imt uny�ucce+,or in interc,t ur rcfu.r lu extend timc f'ar payment or � ,
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<br /> --- ' ' r• otherwise modify�noni�ution of the�um+xYUreJ by Ihi.Scrurity Imtrumenl by re�.+on of any demund made by thr originul ���::
<br />- ��°• ���'' ' Bormwer or Borrov�rr:�uccessnn in interr+t. Any fiirlxurunre by Lender in exerrixing uny right or rcmedy�hall not bc n {R,-
<br /> ���_ ,,;�; ws+iv�r of or prc:clude�he exenise of uny rigM or Rmed��.
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<br /> � � "'� 12. Successors and Assfgos Boundi Jalnt ond Several Liabi�ily;(.asigners. The covenants und ugreements of Ihix ,,:_'_'
<br /> ::'.• t' s; °;���, �--
<br /> � S�YUrity Intitrurnent shidl bind ond Ixnefit ihr wrrc.�on and u.+ignti of Leader anJ Borruwer,subjcct lo the provi,ion,of
<br />`-_ � � p;uugruph 17. Borrower;covenants und ugn.�ement+,hull lx joint and.tverul. Any Barrawer who ro-.igns lhix Securily ��
<br />-'•;�, S x•' ��•�` Ins�nimem but doe�nat execute�he Note: lul i�co-.iFning this Securily Intiwmem only to monguge,grnnt:u�d convey ths�t •-
<br /> Borrower�intr n.� in Ihe Propeny under Ihe term���f�hi.Srcuri�y Inytrumem: Ib)is not pen:onully obligated to puy the sum� �i i':
<br />_.�<`; secured by this Sc�iu+ty Instrumenr,and Ic 1�grre+thut Lendcr unJ uny other Borrower may ugrec to extend,modify,forbeur °
<br />- �`�� o � ro du term+� of�his Securil Instn�ment or the Note without thul Borrowerz �''
<br />- 1. , : or muke any accun�modation� w�th reg+ud Y
<br /> ,�G`L °��°�4-,Xr� con�ent. �=_-
<br /> __ ,�__ M.�:: i �7__-, !�, �,� t'�y_�c, �( ��te loun +e�ureJ by thi+ SecuritY Inhiniment is ,ubject tn A luw which xe�� maximum loun _
<br /> ,y„ charges,wid�h•r[luw is tinally interpreted so ihvt thr intcre,t or otlwr loan chargeti colleeted or to be collected in connection �
<br /> .��.-•� ?:>>y ^ wi�h the lo:a�exceed Ihe pertnilted limi�s,then: lu):my.uch lunn churge xhall be reduced by ihe umount nece�sury ta reduce �4+_
<br /> <.;;�;` ,�,�.. ��. the charge to the permiued limi�:und lbl•rny.um�sdreaJy collected from Borrower which rzcceded permiued limitti will be �
<br /> ar
<br /> • � ^ � refunded to Borrawcr. Lcndcr m•ry chcw.c to m�kc tliiti rcfund by reduring the principal owed under the Note or by making a
<br /> '"'',�►�:�=:-'. direct pa�•ment w 6ortowcr. If�►refund reduce+principul,the reductian will be treuted�+x a paniul prepuyment wilhaul uny ��
<br /> ,,.'i ". � . • . pmpaymem ch:uEe under the Note. �:�-,-_
<br /> � •. �� . �• 14, Nolices. Any notice �o Barrow�er provided for in thix Srcurity Inslrument shall be given by delivering it o� by �_
<br /> `''- '' Q.� '�' mailing it by fin�claxs muil unlr..upplicablc luw rcquin�,u�e of anothcr methari.The noticc+hall tk directed to[he Propeny
<br /> _ ,>"' Address or uny other addrctis BorroK�er J�+igna�e. hy notirr a>Lender. Any noticr to L.rnder shall he given by tint clati, �:_.
<br />- " � ' mail to Lender;udJrc+s�w�ed herein�tt��ny athrr adJrc��Lcndvr dr.ri�;nate.by notice to Borre�wer. Any no�ice proviJed for !!'��
<br /> .. ,.,� . ..:•f.
<br />_ � in th'sc Srcurity btitrument .hull Ix drrm��l tu huve Ixcn givrn �o Borrower or Lender when given us provided in this _,
<br /> .. .! puugruph.
<br />-..� . IS. Gove�oing I.aw: tieveraWlity. Thi, Srruriry In.�rument yhall hc guvcmc�J by tcderul law nnd thc law of thc e��
<br /> , ''��i ' _ a' jurisdiclion in which I�n. Pn►�rty iti I�xoted. In Ihe event�h:►1 uny pmvi.ion�x cl:�uu ui this Security Imtrumenl or the Note �_..
<br /> ._�, ' °" conllic�s wi�h upplicahle law..unc�onflict sh•rll nut ailcrt other pmvi�iimti of thix 5ecuriry Instrument ar the Nute which cun
<br /> ""',�' � be given effect withaut the cimflic�ing provi.ion. To thiti cnd the provisian.ot'Ihi� Securiiy Instrument ►+nd�he Note arc �-�-
<br /> �`.�:,,.::� ,,;,,;,,�, . --
<br /> '''" ' declared to he,evcrable. --
<br /> ��; ,,�:��- ' • ., • 16. Borrower's Copy. B��rrowrr.h•rll Ix giv�n onr conli�rmed ropy��f Ihr Noic and�►f thi,Srcurit}•Instrument. :W_�•-
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<br />_ .�,_ 17. 71�ansier oPthe Property or a Benef'icial Interest in Borrower. If ull or any part ot'ihc Propehy or uny imerest in ___
<br /> ,;�� ' � � ' it i,tiold or tr�nsferrcJ lur if u Ixnefici�d intere+t in Born�w•rr i..��Id or tran.ri'erted und Borrower iti not u nuturul per+on) �-.
<br />- • rR�; . ' �vithou�Lcndcr's prior wriuen ron.ent,Lendcr may.at il+u tion,rr uire imnudiatr r m�nt in full uf all +um+�ecurcd by �
<br /> -'� • �;'��;"�>i`�"'.. •,, this Securiry Instrument. However,�his op�ion xhall nu�Ix xcrcizcd by Lendcr if rxc i e iti rrohibited by fcdcrul luw a..of �-=
<br /> �� , ' ,.tit..,r�.�{`>s;� _-
<br />- ' . �+ •r��•; thc dutc of Ihi�Security Inwtrumcnt.
<br /> .�"`. . If Lender exerci�es thi�op�iun.LcnJ�r xhaU�ivc Borrowrr nuticr uf accclerutiun. The nutirc�ha11 provide a period of �'
<br /> � `��}� " not less Ihun 3O day+from Ihe Jate lix niriirr ix delivercd ar mailrJ within which B��rcuwrr mu.t p:q all�um.ucured by this �
<br /> ;'; ,•��, . `� Srruriry Inxtrumcrn. If' Borrowrr f�il,tu pa�• Ux.c,um� priur tu Ihe rxpira�ion ut'ihi. �rial, Lendcr muy invoke uny
<br /> � � remedics permiltcd b}•thiti Security Imtrument uithaut funhrr niNicr��r drmunJ un 13orto���r. .
<br /> ' ' I8. Borrower's Rlght to Reinstute. If Rorru���r mcet+ �crtain c�mJiti�m�. Hurro��cr +hall havc �hr right tu havr
<br /> rnforcement o1'thi�5ecutiry Instnimrnt di.cun�inucd:u any lime priur Iu thr carlier i�f: (ai S Jay�lor+u�•h othcr peri�xl a�
<br /> .. Sin�IcFnmil�--F'unnk�taeifYeddh\1�c1'\IFIIR111\ti'1'NI'�1F:�1'..I�nd.�m�t'a.rn:m�. 9,411 ��Wrr�.,lnl�v�•�� .
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