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<br /> � caidertu�atia�a aher qking ofiany.�a�t of the P�openy.oc taQCa�;tiy�nce in lieu of eondemr�tion.�re 6ereby assi�rned�nd `
<br /> aLa116e p�idtoLender. : '�' -` .
<br /> In�e�aN af a caal ta'�i�g uf�Propeny.the�oocmQ�,shatl bo appl;ed co�he swas secuced by ihi�Sec�ri[y _
<br /> Inswmen�wha6er ot nol�t6esi�duw.with any excess pai��,Rad�iawer. In the event of�putia!taking of tl�e Froperty rtE ' .
<br /> wTiich ttse fair mui�et vstae afitlfa Peaperty immedi�et�6e€dr�ttiY taking is cqvat cd oF grc�[er ttian the�nt of th�s�uns •
<br /> • secu�ed by�his Se�wity tnsttpme�nt immediutciy befae thc��.unk�ss Borrower�cl Lcnder atbetwise agree in writing,
<br /> - - dse svms sectmd tiy t6is Se�rity.instnunent shalt be re�c3E�j:�the nmuunt af the piaceeds multipGed by the followin8 ,.
<br /> fiactia� ta)stse tata!a�;afithle sssms serared�imr�ed�+tF1':be�iMe�hc laking,divided 6y/b?the fa�r marhet va(ue of the
<br /> __.a PtnprAy imeivd"wtelY beftue•ttie tniciog.. Any bat�nce�'h9dfl.�j�id t�.Acxmwsr. In tttr cvcnt of a partial takittg of the
<br /> Pmperty in which the fau�nuket:vaiuc nf tl�e PropeRy irnctadiat�lY befa�ti�rrkirt�is tesstlsm the amnunt of the sums � ,
<br /> socured immediueIy befa,re tf�tuking,unless Borrower a�ci.Lc3uter ahcrwise a�er m��riting or unless applicabte[aw
<br /> - oth4r�►ise Qrovides,t6e piacseds shall6e apptied ta the seu�seeu�t bX this Security Instrumeut whether or na the sums aEe .
<br /> — thendue. • ;`:: `
<br />-_ If the pt�uperty u:abu�dbned t�y Borrnwec.or iF af�p.rnti�_�Lender to Bortowet tbat the condcmnor offersto make
<br /> - an award a settk a claiq j�far.dam�ges..Bonmwer faits u>it�patid'�id Lcrtder within 3d days aft�r tfic date the notice is given,
<br />�r� — LeMer is autt�oriud to�aollbct aud appiy tde pcaceeds.atl:uCS apci�q.either ta restoration or repair of the Ftoperty or to the
<br /> - sums secund by this Ser�rity Instnuttent,.w6etf�er oc noe t�u.�ztdt�;:; � - �
<br /> ilnkss Let�r�t3�Bbrro►vu.othenvise agtee itt vs�itiTg,ai�;"app[icatiois of pweeeds to principal st�all nnt extend oc
<br /> pos�tpooe the duo d�te o6�U�e manthiy paymenes refem�tdtn�ur��ira�ha 1 and 2 or cAange the amount of such payments.
<br /> ll. Borro�rr Nbt�Rlkxsed; Forbearanee Bx �er-:1toE � K'aiver. Ex[ension of the dme for payment.oc
<br /> modificatian af amortiintion of the sums securea by ttns Se�.-�ait?Insuument granted by Lender to any successar in intecest •
<br /> of gorroR�er shafl ncq�apemt�to retease ttie tiability ot tFi�=aci�tia)Barrower or Bamwer's successo�s in inteneest.t.ender
<br />�� shalt na be requirecllw.cammenee procceding.c aSainsc a�?su��csor in inte�est or rcfuse to extend.time far paymenc,ar , _
<br /> atfxcwise modify anrivRitntim of the sums secured by this S�+cu7i�}Tnsbument by n�asa►of any demand made 6y tt�e original
<br /> Horrower os Barou�ers successors in inte�� Any f�e!►y L.ender in eaer�ising a»y tight or rcmedy shali not be a
<br /> waiver of or precl+udb ttie exercise af any right ac mmedY. :
<br /> • . iL Suecessora and�Assigas Baand:Joint and Se��eraf L7atiiliry:Co�ers. The covenan and agrccments of�his .
<br /> . - °�'" Security U�strumentistlall.bind and benefit the successors 3prs a�signs of Lender and Borrower.su�ject to the prov�sions of - _
<br /> paragapb 17. Bor�er�s cavenants and agreements shaU'L'+�y►int and several.My Borrower who co-sip�s this Seeurity, � ____
<br /> - • iasaumene tiut does�nrn�execute the Nate: (a}i�co-siga�•.�tti�Securiry Mmamenronly m mongaga.paiet aeN1 convey thaE � , _
<br /> ` � '' Borrower s interess�ia itie PrapeRy under the terms aFtltss�emy tnstrumen� (b)is not personally obligated to pay the sums * t:`�F
<br /> �:4� ,�• secured by fhis Seei�rity Instnement:and(e}�s that l.erid:�r and ang other Bortower m3y agree ta e�ctend,modify,forbear` ��
<br /> or ma(ce an acc�4mntadatioas with urd to ehe tetms o��th'ts Securi im�rument or the Note without thas Bomawes's �`��`
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<br /> �'� s•: 13. I.os�n Cds�rges.. [f the toan secure�by [his Se�cu�ty Instrument is su6j:ct to a!aw which sets maximurte toan ��:�_�-°�=-
<br />� ��"' �;. charges.actd thati�iw is finally interpreted sc�that the iratertss or other loan citarges collected or to be coflected in co[tnectiaa �==
<br /> ,-; . with the taan eaoee�the permitted limit�.ihen: (a�any s►arl'j i•van cha�e�haD be reduced by the amount necessary to reduce .;.�,�..u___
<br /> •; , the cl�arge to the permitted limi�and lb)any sums atreadj.coi2erted fmm Borrower which eaceeded permiued limits w�l be . , ���_
<br /> ' refuad��o Bocraw�er. L'endtr may choose to make thic re�c�ci b}reducing the pritteipa!owed un�er 1he Note or by making a =��_•_-
<br /> 1C r.,:--`�.,
<br /> " " ��• ' d i r e c t p a y m e n t t n�H n r ro w e r. I f a r e f u n d r e d u c e�p r i�c i,a i;e t+e t e d u c tion will 6e ueated ac a pattial p r e p a y ment w�thouc�y 't-���`mm=�=
<br /> '.�:f, , prepaymentcharg�undertheNate. ' '�#��-
<br /> .'.���� � 14. Notices.. Any notice tn 8armwer prariu�fgc c�r this Secudty instrument shall be given 6y delivering it or by • `:��-
<br /> � �� mailing it by ftr�t'�lass mail unless appNcabte tav�r�•r;uic�4ae of anather methad.The notice shall be dircc{ed to the Praperty
<br /> -� �� , "� Address or any ottier:utdress 8orrawer designates trt r,stw�to Lertder. Any notice to L ea der sha ll be b:.en by first class �
<br /> :.��r ���":•%,., mai{to Lender�address ctated herein or any other addc:sw l.erder detiignate�by naticc ta Baaower. Any notice provided for .
<br /> , �.. �' . in tlus Secutity[h+ttument shall be decmcd ta have E+cer��i�en to B�rcm+er ar I.ender when givcn a.c provided ir►this •
<br />-.•� ,•". paragrpph. ,,
<br /> : .;' _:�. , 15, Gpverning.tsaw:Severability. This Secuci�y'Onstrument �haU ise govemed by fedcral law and the law af the "
<br /> . . jurisdietian in w�kt+the Praperty is tcxated. In the evtitno tnao any pravisios�ec ctauce ni thiz Seeudcy fnstrument or the Note `• �' -
<br />� - '� to�icts witA a ticabte la�v,such c�nflirt shalt nat affscn otter pruvisians aFthir 5ecurity Inrtrument or the Note which can , . � . '=
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<br /> bz�rzr+�effect w�thow the canflicdng pmvision. T�s tl:ci er�d the pravisionc of thic 5ecudty Instrument und the Nate are ..
<br /> � . ~ ,��, d:�c9�rr�d to be severable. � .
<br /> `n 1(a Bosrower'�Lapy. B�rcrnver shall be gi•ren or.r c.�r`��rmed capy o1'the Note:and of this Security Instrument. . _
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<br /> ' - 17. 7lrungfer�ot�the Property ar a He�'�interes�in Borrowee ii'all ar.my pan af thc Property or any interest in • ..
<br /> � • l,p .., i�is zold or tr�nsftrred!ar if a hene�cisd inr���t:i:�'Borr�•cr is sold or tran>fcrred and Borrawer is r�c.�natural per.wn)
<br /> '.,. withouE Lenders�!alor�writttn con�ent,i.end�xntay,ae i�+apti�n.nquire irnmediate pa�^.r.�r.t in full of�l��.sums secured by �
<br /> ' this Security lnsttument: H�i�r•ever,lhiti aption�ha#[na�te e4errised by Lender if cxcrcic�;s prohibised by federat l�,u�oS
<br /> ` ' `� `` the date of this Securiry tnstrument. �
<br /> _; . � �.'• If l.ender e�rerciges this option.l.cndcr tih�lE��ivc&�rrc�v:�antic¢�i a::':ration. ��e notice sha!!provide a pe�:��:��ti` .
<br /> -��� :-#.�:� ,:`�' . noi tess than 30 ct�}�+fram the date the nntice iy ct�livere�nr m,rifed wic�:i:�c�;:�:`�9orrower must pay all�ums secumcf i��:�.�; - . •
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<br />��`;�`•;'`,:: -.•, .: -, .: � 5ecaticy Inatrum:ra�: If 8atrowcr f:�ilti to puy t*�esr sLrr,s pac�r ta the ex�:�cuon uf this perial.Lcndcr may invake any .
<br /> . � rec:n:d�.�permitte�f by thiti Securiry Instrument withouc fF��►�er noticc c�r ci��rrd:d nn 8arruwer.
<br /> � �:'"`�= � . ' ' 1& Borroritit'� Rlghl tn Rcinstate. If BOffOWCP t^t'.444�crtain canditinn., H��rruwcr tihall havc the right w have
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<br />, ,i�:.:'�°' ' er+forcement of tNiw Security Instrumcm di+c��atinuc�t ar:��t:r �im�:piiur to the ca�iier�f: hu S days(ar such othe���.+ki.a� '
<br /> . - • Singlr bamity..Yannb`::la'b'eeddie S1at F�INI)It�t l�til'ItL'tl�:VT..Cmlurm Corcnant. 4/90 (pu.¢�•4�,'�.;<r.eesi . .
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