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<br /> - , . .. ; . ,, . `� , .= . `._ . - � - � 92_ .l 0�459 � �-.
<br /> ` q{x�denuwtion or ot6er taidng of any patt of thq Pmpe�ty.or for conveyanc,e tn tieu of caademnation,are hen�hy atsigned and
<br /> sfu:l be paid ta t.end�r. . �
<br /> • �a the event of�total taRing of the Properc�,the p�+ucecds shaU be applied to the sums secured by tiiis Socurity
<br /> inctrumen�whether ar na theo du�with any eaccss paid to Bo�rower. In ihc e�-ent of 3 partial taking o[the�r+nperty in
<br /> . � afiich the fair maltket vaiue of the Property immediscety beFo�the tatdiig is�ux}to or�ter tt�art the artxw�t�f th��S�
<br /> ' secured by this Security instrument itnmediately before the taking,unie�s Borrower and Leadec otherwise agrce in writing.
<br /> the sums secured hy thic Security tnswmeat shal!be mduced by;the amount af the pra.�eeds multiptied by the fotlowing
<br /> ftaction: ta)thetatai amount af the sruns seeur�ct'smmediat�ly be[ore the taking,¢ivided by(b?the fais market value of the
<br /> Praperty immediatety befae the taking• AnY balance.shall 6e paid to Borrowee. [n the,event of a pattiai taking of the
<br /> Ptoperty In which the fair inaticet value of tbe Property imrnediately befote the taking is Tess than tHe arnount of the sums
<br /> secured immediately before the talcing,untess Bocrower and Lcnder othecwise agree in writing ar untess:ipplicabfe law
<br /> �}���peovides.tiye proceeds shall be applied to the sums secur�ed by th�s Security Instrume�t�rheiher or not the sums are ,
<br />- - d�en due.
<br />- If ttK Propetty is abandaned by 8o�rower,or if.after notice by lender eo Bocrower tfiat the condemnor ofFers to maice:.:
<br />--° � an award oc reule a c1ai�for damages.Borrov"e�fails ta respoc�d to Lender within 3U days after the date ihe notice is given,: :
<br />--�` Leudor is autharirxd to collect and apply the pmceeds.at its optroa,eitber to restoration or nepair of the PmPenl'or to the
<br />'.' ' sums sec�red(ry this Security Instrumen�whethec oc nat then due. �
<br /> Unitss l.ender and Bo�rower atlter�ise agree in w�iting..any appGcation of p�aceeds to�Srirrcipal shali not eatend os • ._ --�_— - -
<br /> postpone tt�due date uf the mantt�ty paymcats neferred to in paragcaphs i and 2 er change the amount nf such paXmencs. —_--
<br /> 11. BoRa�er Not Rekased;Farbwrance Sy Leode� Nbt a Waiver. Excen.sion of the time fo: payment,ur.
<br /> s 'I modification of amortization af the sums secured by this Security insuumrnt granted by Lender to any succ�sor in�ntere5t , �
<br />�:;;' of Barmwer shaU not operate to retease the lia6iliry of the original Bortower os Bortower's successors in iqterest•Le�ndei- -_
<br /> sha11 not be required to commence praceedings against any successor in intecest os refiue ta eatend time,�or PaYme , _ g=-
<br /> �nvise modiiy amortizatioa of the sums ucu�ed by this Secv�ity tasxrument by mason of any d'emand made by th�onginal . : _-_--__
<br /> - Sorrawer or Borrower5 su�.�cessocs in inteirsi. Any forbearatice bg,txnder in exercisins any right os�niedy sha3t nat 6e a . --__-
<br /> waivqr af or preclude the eaercise af�ry right or�medy. � . nts of this • —
<br /> e �
<br />.;; .', t2. Suecessors And Assigns Bamd;Joint and StYem!�.ia6FGtg:CosiSners. The covenants and agceeme . . . --.
<br /> f'`�, Security Instrument shall bind and benefit the successors and assigns of lxndec and Borrawer.subj�ct to the prov�scons of . �_ �.� ,.�.
<br />`�r._ - _ pacagraph 11. Borrawer's covenanu and agreements shall be joint and several.Any Botrower wh4 co-signa this Seeurity. ��y;
<br /> �,� lnstrmrtent but does not execete the I�ote: (a)i�co-signing this 3ecotity lnstrument tntiy to mortgage.grant aad convey tHat. _-. _ �
<br /> ' Borrower's interest in the Propetty�ader the terms of this Security Lnstrument; (b�is not per�onaily obligated to pay the sutas. :� s �`:_=-
<br /> 9...�,;
<br /> � �� •:= secu�ed by this Security•[n�trumer��lc)agnees that l.ender and�ny other Borrower may ag�ee to extend,madify.fort�_. r r ,--
<br /> �,.�C;. -
<br /> or malce any accommodations witI�;egard ta the terms of this Security tnsirument or the Note withaut that Bonow��'. .,-,;.�_��,W
<br /> . consent. � `
<br /> w..r.. � ' i;ls-.�.,�-.
<br /> ' 13, i.aa�n Charges. If the laan secuc+ed by this Security Instrument is suhject to a law which sets maximum toan � _,a,_���-_
<br />.'' �:•:.;.: ¢harge�and that faw is finalty interpmted so that the interest ar other toan charges collected ar to be collected in connect'ron �w.,�-_=
<br />:,i � ' .,�`.-.
<br /> •�.�.: , with the i�an exceed the permItted timits.then: (a)any such laan charge stiall6e reduced by the amount aecessary ta tedure., �1:�:=s;; _
<br /> the charg�to the penniued 1imi�:and(b)any sum5 atready co[ieae�fmm Bnrrower whic6 exceeded permitted limits wilI be, '�•;�-_-=-
<br /> ��,� --
<br /> - � � � refunded to Borrower. Lender may choose to make this refunc�fi,r�Yueing ihe prineipal owed under the Note or 6y malcir�g� _ . °�'_-
<br /> e ,,.
<br /> � ;�. ' ' direct payment to Bormwer. If a refund reduces principal,the fed::ction wi11 be tn;ated a.s a pattial prepayment without any+ ",r 1-,.� ',:_:
<br /> ; t. •;,;•r.. prepayment charge undecthe Note. ` �"' ��� •___
<br /> � � -:-� �',�'�::��:; ; 14. NaNces. Any notice to Hocrower provided fc�s in ihis�ecurity instrument shuli be given by delivering it or by •
<br /> ' j �.,'�;��'��� mailing it by f rst cla�.s mail unl�s ap�ticable la�v requires use of 3rtnntfter method.The notice shall be directed to the Property _-_
<br /> . �; R.
<br />`� '�� Addt�.4 or any othet address Borr�.��er designates by�otice ta t,ender. Any notice to Lender shall he given by fint ciacs _
<br />•;� .v;r+�-....,:: . .
<br /> ,. . •',:4"�'!`•.;�_''e. ' . -
<br /> mAil ta l.ender's address staced her�n ar any other address l.ender detiignates by natice to Harrower. Any notice provided for
<br /> , _ ° , :��_,' �- in this Security Inatrumerit shali 6e deemed to ha►e been givcn ta Boauwer or l.ender when given as provided in this -
<br /> • , Pa���, , ,
<br />. , � � • 15. Gavernittp��•aR;Se�era6iltty. This Security Instrument �hall be govemed by federal taw and the law of the . _
<br /> `�� • jurisdiction in which th�Prape�t}is lacated. In the event that aisy�provitiian ar ctadre'��f thi+Security Instmment oc the Note --
<br /> ,�_.�.•
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<br /> .�,�.,f;:,,f: confliets with applicabte faw,sueh conflict shall not ai'fect other p:nvi5ions of thi�Security Inrtrument or the'�ote which can
<br /> , �,,��; ' . be given effe¢t without the canf]icting proviriott. To this end cI7:pravisions of this Seeuriry lnstrument and che•Note aTe �,.,
<br /> Y~n��i- dectared to be severa6fe. �� ;
<br /> ' . � ' �,�:-�-,,.��-i � � 16. Boreawee'A Copy. Harrower shall he gi�en one wnfom�ed copy of the Nate artd of lhis Security Instrument. -
<br /> •• • 17. Transfer otthe Peoperty or a Beneflcial lntetest nn Borrower. Ii a11 ur any paA of A�e Pm�erty or any intereu in ,�,�,��
<br /> �. ,.,. , ;:;,::•::
<br />' . js . it is sald or trancfeaed(or if a beneficial intere��in f3aRm►er i,sold ar tran�ferred and Borrower is not:►natural�ers��) �,� •�-
<br /> � � ��� withoat l.ender's prior written consent.l.ender m�y.at its aption,reNuire immediate payment in full af all sums secured t�y 1:;__
<br /> �. ��"L:,,; . �' : . •
<br /> � this Security In.�tcument. However.ihi�+i�p�ion 1fia11 nat bc excrrised by l.ender if exercise i4 prahibited by federa!law as oi �-
<br /> ��`�`�"� ' the date of this 5ecurity instrument. .. �
<br /> � ��-�! ' if 4.ender exeniscy thiti aptio�,Lender 1haU give���rrower natice of a�ecicratian. The nuiicc shafl provide a pericxl of ,
<br /> , ',�"'i?..>..ry, . . .
<br /> � �;�f� �;�,� not test,�han 3O days from the date the aotice is delivered or mai'ed wit hin w hic h���rrower mur t pay�t l tiu ms.ec u re d b y t h is
<br /> .. • Secur"sty tnstrumem. lf Bc�rrower fails W p�y these �:ums pricr to thc expiratiun af thiy period. Lendcr�nay invoke any
<br /> .�.,;. .;�.:•:,�,�, , rcmeciies Qermitted by this Securiry instrument with��ut further r.oticc nr dem:�nd on liorrowrr.
<br /> � „f.:+:;�. . ` • 1$. Bosrawer's Rig,ht to Reinstate. if Bnnower mccts ccrtain rvnditions. Borrowcr tih�11 h.�ve the right ta havc•
<br /> � ��':�'.��,� .' enforcemem nf this Scrurity tnstrumcnt discontinucc!.0 any time priar ta the earli�7 af: la!S days!nr tiuch.other prria!as
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