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<br /> . . "-_"_�._va .�` . . .. . .. . (. . . . • � •• ry ��- �0��$ '��Y• • .
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<br /> " caidemnation a aAer taking of nny part of the Ptopertjr.ar for ca►veyarx-e in IFeq,of coademnaua►.a�e Mrcby a��gned�nd .
<br /> � sfiati be paid to f..ender. '
<br /> — !n tb�evene of a tb�ai takipg oF the Property.the pnxecds sh�ll he.applied to the sums�secured by�this SeFUrity
<br /> - Insuumen�whether or not then due,with any eu�s paid w Borrowcr. In the e�ene of n Q�tia!takin�,of the•Prope�t}in .
<br /> which the fair market��atae of the Prapecry immcd'rately I+efora[he tak"sng is eyua�to or p�ter.thap t1�e anwunt of the wms
<br /> secured by this Security Uu�inimen��mmed'eately txWrr the i�icing.ttniess�arrowcr and l.cnder qtheR���in writing. , .
<br /> the sums.secured b}this Security Insuument sfiat!be rzduced by the amount of the proceeds mujti(tlied by the foltowing
<br /> --- - �ti� ��j tl�t�a!amaunt of t6e sumc secured immediatcl}6efa�e th�taking.divided by(b)the,#air m�rket vaIue of thc _ -- -
<br /> -- • Froporty imrnediately befar[t�t�king. Any 6alanoe shalt be paid to Sorrow•rr. In the event uF a patti�l takin�of t:�
<br /> property in which�he fair market vatue af the Pmpe�ty iminediateiy 6�fore.thc Fakiag i+tess than the amount of the sums , —
<br /> _ _— secund immediately before the ta(cing. untesti BorroKer and Lertder atherwise agree�n�vritmg or untcs.+applicabte law
<br /> -- -- a[he�wise provides.tlie proceeds shaU be apptied to 4he+umti ucured by this Security Inswment whether or not the sums arr,,.
<br /> - tbendue. � ' ' .
<br /> - • [f the Ptopeeiy ic abandw�e4 by Banuwer ar i�ai2er notice by l.ender to BomDuer that the cor►demnor offers to make
<br /> an award a seule a claim for damages.�orrow�er fails to�pond[o l.epder withm�Q�t�ys after the date the notice is gi�eri,
<br /> � �eadec is autttorized to collect and appiy the proceedv.at irs optian.eithcr w rescarafi�,or�ir of the PropMy or to the —
<br /> _ sams secueed by this Security Instrumen�wheihe�or nat theo due. t _
<br /> - {j��s(�and gorm�veF otheiu�5e agee in writing,any application of pcoceeds to princi�l shall ncx extend ar — �
<br />: . postpac►�the due date of the monthly p�vments�efemed w in para�aphs f and Z or changc tt�amount af such payments• . ��_-
<br /> � • il, Borraws�- Nut Rekased: Forbearance By Lendtr Nat a �Yatr•er.- Extension af die time for payment or �,__-_
<br /> r modification of�no�tization af the su�r�c secured by this Security lnswment�rantedby l.ender to any successor�n interrst � �:�_ _
<br /> � o{gorrow,n�6a11 ncK apet�te to rekase.the liabi{irf of the o[ig�nal Borrouer ac Bamxee's successon in interest.�.ender �� ,s
<br /> _ shall not 6e n�quited to comatence proceedings�gainst any successar in in[erest or cefiue to e�ctend ume for payment or ����-��
<br /> '°t;' . otf�,�twise mad.jfy asno�tir�tiaa of the sums secured by this Security l�suwment by�n of any demand made by the orisircal. _ �'�� �°
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<br /> " Borrower or Batawe�s succrssars in inte�es� Any farbearance:by Lendgt i»exeraisi an ri t ar remed +halt nnt be a . ���.
<br /> ,y �S Y P� Y• � _
<br /> `:�.'t ' waiver of or ptectnde the exercise af any right or remedy. � -
<br /> � =� � � 12. Succe�.w�s nnd�Boued:,1dnt�nd Sc�•cr�ll.iabait�`Co-si�rs. The covenanes and asreeme�us of tbis �E=�.u-.,
<br /> _ , �,,,z�.
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<br /> „«, ,: , Security Mstrument shall6ia¢snd benefit the sucecsso��nd�signs of Lender attd.Harrower,subject to the pcvri�ons of � �
<br /> ' i:u, ,:�`���' paragrap h 1 7. Bomower's c o z e n a n t s a n d a g r e e m e n t s s h a l l b e j o i n t a n d ,e v e r a l.A n y.B a r r o w e r w h a c o-s i g n s t i�y;Securit y , ,.�
<br /> _. .. . a�u and coave that �`,,:1.�t, _
<br /> � �;: '�` i�.strumeat 6ut does not execute the Nate: fa)i:e co-signing this Security[nstru�nent only to mortgag,e.g Y _-
<br /> + :s� �.,:'�;�- ` ,
<br /> ��:;�f. , Borrower's intenest in the Property under th$tenns of this Security Instrument: Ib)is not persanally abligated to pay the samz !
<br /> `,��, y�,�`�.�.. � sec�ucd by this Security Isuuument;and(c1 agrmes tbat l.ender and any other Borrawer.inay agee tu extend,madify.forbear —
<br /> . ~ • or make any aceommodatians witfi regard to the cerms of thi�Security Instrurperit.vr.the Yote without that Borrowe�s �_�'
<br /> ..�,_;�'.._ _ • •. �
<br /> ���- •�-.: . .:� consent � , � �=�,--
<br /> '�-"t�---'��� 13. Laan G6arges. If the loan secused b�r this Seearity Iacteument is su6je�cc.so a law wnieh setc maximum [aan -_ ;' ;.�. __ _
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<br /> �''• ¢ es�and that law is fin�l! inte reted:..�a�at the interee:t or other[a�.char eti co(lected or to be collected in connection ; , ..,a�`
<br /> � �� ���,�a�,��`���� wit�h the.loan e�ceed the permitted I�mit�s.�:�:: (a)any such loan char���iatl be reduced by the amaunt necessary to reduce.. �, : —
<br /> .'f�'• •'� :y_:r:+�r"..krG;} � � . '�
<br /> , t r��..F.�,t.�.7q� tt�e charge ta tla�permitted limii:and{b)aziy sumc already�oltecte�fs�x8�rro��er whicb exceeded permitted lim►ts witl be...:.:�� .a..,�,'..,,� ��i.�--
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<br /> ° ���'` r rei'uaded to Borrower. Lender fnay chome tn make this refr:std by rec�acmg iIte principal ow�d under the Note or[n,earalcing a ,• _ �—
<br /> _ �. �
<br /> . - direct payment to Borro�cer. Cf a refund reduces principat.the mductisstt�ill be trrated:�y a panial prepayment.ttii�y�at any ,::.;;:�l: • :��;
<br /> • .' ` t>. � prePaYment charge under th�.�ote. , ���.., � �;Y�"`.'
<br /> � . , 14. Notices. Any notice to Borrawer provided for in this Secur�cs'.]nstrument �:hal! be givea by delivesa:�n or by . . '�::„�.,�_
<br /> ' . .. • mailing it by first cla�s mail unlesy:�pplirable law require.r use of another inethad.The notice shatl6e�irected to the Property � �'
<br /> � • • . Address or any other address Borrower designates by notice to l.en der. Any no tice to L e n d e i+ �'t i x g i v e n b y f t r s t c l a s s , • . 3 ;
<br /> mail ta Lendes's address slate�hcrein or any mher addresti I..cnder designates by notice t��Burrawer. Any notice provided for
<br /> • -• in this Security Instrum�rE�iall hc dcemcJ to have heen given to Borrower ar Lender when given as provided in thix _ __
<br /> . . _ .�.. paragraph. - _
<br /> [y?;�:.�_�' ._ 15. Gavern;nR L�w; Severability. 7'f►ir Sccurity ln�trument sh:�ll be gayemed by fedrraf t3w and the.Iaw af the _
<br />� ��,��; -_.:� jurisdiction in ai�ich the Properiy is located.,ln the event that any provision ar clausc of thiti Securit�[e�.trument ar the Note - -.
<br /> ;�•.. . canflicts witD�ag�iirable taw,such canflict shall not affect i+ther p�avi+iun�of thi+Security fmtrument or the Note which can , , _ _ _
<br /> '+���-;�: ' be given effect withuut r��conflicting pruvitiion. To tfzi�end the provisianti��f thiti 5ecurity Imtn�ment and the�ate are :. .: .:.
<br /> �,�<�",;�� .' r declared ta be sevcrahle. , "`:-
<br /> ' •.'"i�e�fi,l���., :• , � � .
<br /> ��y ,;�,., 16. Borrower's Copw �am�wer�hst!be given o:c.conf�►rmed cupy of the Note and af thir Sccurity ta,r..•arr,�t. •.; , - J=�'�•'=
<br /> �t'F+•'`' '' 17. 7lranstec otthe Properiy ur a Bene�icial Intere�t in Bnreow�e. If aQ or any pan af d�c Property oz any intemst in " `�';''
<br /> ..4�a.• ..;����;.�;::�,•:• � }�'
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<br /> ti<�.. ' it is sotd�or transfencd(ar if s�bencfici:�l intcm�t in Banawcr i�+otd ar tramforred and Sorro�er'�t r.o�a natural perum) � ',� ,',a,
<br /> :�'':�,;i'J�:� `.� � ��:' without Le�derti priot writtcn con+cnt.Lcnder mu .ut it+o ti��n,rc uirc immrdiatc � mem in fu4l�i all tiumy securcd h �'�"'r: ,
<br /> Y P W P�Y y ' • • '.�!�, "�°Y`
<br /> � "'�'�'' '"`"'°'•''�' this Security lnstrumcnl. Hawever,tbir aption tihalE nM hc cxcrci�cd Ny l.endcc if excrri.rc i�prohibited by fcdetal law as of ..��:;; .
<br /> . . . the date of this Security Intitrumem. . ��y �.
<br /> ��..� '..:.,.�
<br /> ' '" ' lf Lettdec exerciyeti thiti aptiun,l.ender tihatl give Burrower nntic�at acccleratiun. Thr nu�icc�hall puwide a periad of �
<br /> ' -" � • no1 less than sil days tram the datc thc nalicc i.delivcred or maitcd t+i�iiin whi�h Burraw�r mutit pay all rumv sccumd by this • , , .
<br /> • ' ` Security lastsamem. If Barrower fail�tu pay thc�c �umti prior to I�:c expiratiun��t'thiy periud. I.ender m•ry invoke any ,
<br /> � ' iemedieti pennitte,�l by thiti Security In�trument�vithuut iunher r.otice or demand an�orra�'er. • � �
<br /> _ .,:�,;:.,. , � �
<br /> , ;,.,�,.., ,,. 18. Boreowers ttip,ht to Reinstate. If�orrowcr n;�et. r�rtain conditionti. B�mnwer shalt have thc ri�Ca ta havc ,
<br /> •:p;;: ,,. , enforcement ai this 5ecurity In+trumcnt di.cuntinuc�3 at ar�;� time pri�sr to thr ca�licr��f: Is��5 day.lor tuch otlsez(�eriocl us � . , ;
<br /> • ,,'.. . timglc N:imily••Fannle�far�Frcddie Si:u l\IFUIi�t t��'1'RI 11t:Yf--1'nd��rm C�n��r,..ri. 9,� �;�:,�r1 i Ji,puir�� , � � .�� . �.
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