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<br /> cande�tia►a other taking of ang pan of the.P{;�pereY•a for eonveyan��e in iieu of caidemnatian.are f�eieby a�signed ahd�
<br /> shall6t paict co L:ender. , .. . --
<br /> ' I�s tliee evens of a taai taking of�tre Pca,�rty.tit� P�'eed+shal� be 3PPUed to the.+nms secured 6y this Secur�ty
<br /> Insttument.whether.or not Weit dufl..wnh any,��c paid to BoErower� Tn the event of a piutia!tal�ing'af the PropeAy in • —
<br /> � which tUe fair marlcet value of d�e Pr�erty imnn.ai�tely before the taking i�eyual.ta or greater than the am�wnc bf thc tium+
<br /> secumd by this Security inswment tmrnediat�I�tbefore the taking:uniess Barracver:u�d Lcndec.atherwisc agcee in wciting. _
<br /> the swps secured bp t6is Securi►y Insttument;sfdalt 6e reduced 8y the amounc of_the pmceed�muttiptied by the following
<br /> — ' fraction: [a}the mt�l artiount of thA soms se�c!iettmediateiy befwz the tai:irsg.divided b}tb?the fair cna:l-e!vahtc of the� . __ _._
<br /> � Prpperty immediarelg 6efoe+e the takiqg. Any,•ifaiance st�all be`Raid to Borrowcr, tn the event of a p�utiai takins ef t[�e
<br /> _ propert}in whieh the fair maricet value nf th�.�ope.cEic lm�di�«lY before[he t•rking is le�s than the amuuni of the sums = _
<br /> . secuced immediately before the takiag,unless..Borrower and LenJef°�h�^"'4�a8� in writirtg or unless applica�bte taw , �-_
<br />= od�wise provides,the pruceeds shiiltl be apptir�to the s�uns�ecnred by this Security I�uttumei►t whethe�nr nat the sums are , �-
<br />_ ��, : . __ -
<br /> If the PtopeRy is abandoned by BorruWeFi flr if.afteanotice by i.ender�to Borrower that the condenutor offers m make � _
<br /> � an award oc settle a claim for damages.Boriaa�fails tQ resPaad eo Lender within 30 days after the daee the iwtice is.given. --_--
<br />��". . .: � ar ta the- =--_ --
<br /> Lender is autharized to coltect nnd.appty the ptoceeds•�t its apeion.eitber to restoratioa or repair of the P�npeRy —
<br /> � suins secun�by this S�eority Instrumen�whetti�roriw�then due• , . --_ . —
<br /> �'` -- � Untess i.e[ider and Barawer ottlen��se a�mc in wciting,any apptication of p�uceeds to princiy�al shap nnt eatend or � _ "'--
<br /> postpone the due date of the monthly puYtnents.teferred to in paragraphs I and 2 or change the amount af such paymerlt�: ��-
<br /> 1!. Barrawer NM Rdw�.sed:. For6earance By Lender NM A 1�Yaiver.° Excensian of the time for pavment`or � ����:
<br />� modification of amortizatian.af t11�sums secur�d by ttiis Security Instrument p,ranted by Lender ta any.successor iri interest • R-�_
<br /> of Borrawe�shall nat operate to,releasc tE�e liAbiliry of the�gina� Ramower or Bomnwer's successors in inteietit.Lender �:�:�,�-
<br /> shall nac be requiied to commence pmceedi�l��ainsi a�►y s�cces�sor in interest or cefuse to extend time for p:►ymedt ar ,--��;�.
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<br /> otl�erwise madify amortiiation af,th�sums secdred by this Sc€urity Inunnnent by r+eation of.a�ry demand made by the original .';'��r_:-
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<br /> • Bomower or Bo[rower's swccessu�in intere:st,:Any�'or6earartce by l.ender in exercisin�_an�r right ar remedy stialE not be a ,,,�.��-
<br /> ,��,����`�
<br /> : waiver of or paeclude the exetcise of rmy right,Qr remedy. . . ;,��-N'r:.--
<br /> �; , iZ. Successars znd assigt��ound:Jdnt artd 5ever�i,�iabiUty:Co�sigoers. TEe coyenants und ageerrtents af ti�is. . F.iw�•-.-
<br /> � Security Instrument sf►all bind and,benefit dt��snccessocs and�ssigns of Lender and 8arruwer.subject to the provisions of: _
<br />- • y .. paragraph 17.Saanwer's cove��ts:�u��e�en[s shall_tze_,ioirtt anc!se�eraL Any gacrower who ca-signs this Security . , :,�.`}',,:1..
<br /> .� , Instrument but daes nat eaecute the Nota: (a}fs co-4igninZ this Security�trtstrament atity tr'>eriortgage,grant and coav�y that� . `.`�-'. =_,,�;�,: ;-�
<br /> Botrower's interest in the Property undar thn teims of this Security lnstcument; Ib)is na[pe�sonally obligated to pay th��ums � —
<br /> • ' �.�:;�`;, secured by thi�Secuaty Inst�menr and�.(c}a�ee,s that I..endet and any ather Borrower�ay agnee to extend.madiCy..fcrtx,�ar . -�`#=
<br /> ' 'f�°�� • or make any acrnmmadatians with reg�•tq:tt�.s terma of thiy Security (nstrument or the Note «�itHout that BorrQwer's :. , . �,_
<br /> �-�-�EC�s�: con.r•ent. . ' _ �_
<br /> � ,fiy=�
<br /> - 13. I.o�n Charges. If the toan sec.�sced by thiti Security lnstrument is se►bject tn a faw which setti maximu�{r laan ., _ ;, :
<br /> ��"_ :3 . _,:�'"� charges,and that law is Gnaliy inte�c�ted so ihat the irtter�€cr other toan charges coil�d or to be collected in«�cr�ion �`_,;' �`, .,�:�_
<br /> with the loan exceed the permittedii:�its.�i: (a>any.sec[�I�n charge shait be red�by the amoum necessary t,a i�ce' � , � ' <--.
<br /> -�: the charge to the permitted limi�and!b>any-�ums aireacfy�tiected liam Bonawer u % ..exceeded peanitred IimiGS:R�be . `*+ _,
<br /> � ���•�.��,�;�,,,,;� :.•' refunded to BoROwes. Lender may chaa�ta.c�ake this refund 6y reducm4 tF�e�rincipai owed under the Note oi by'muking a - .�•-
<br /> . "'�+.-;:.-�".-�, ditect payment to Botrower. If a refund aeds;.•�.principal.the reductinn KL be treated�c a paRial prep�ayment without any . �._
<br /> ' _ prepayment charge under the Note. • � ' ;' ��
<br /> � ;'� � Y4. Notkes. Any notice ta Borrawer provided f�in this Secuaty lnstrument sha116e given by deliverirtg it or by , �:
<br /> � ':°� .�� • � maitiag it by first cl�sa mail unlcys applicable law requires usc of anather method.The nutice shall be directed to the Pmperty , .
<br /> `. � Addrecs or any other address BoROwer des'sgnntes by natice to Lendcr. Any notice tv l.ender shall be given by tint clacs . .�' �:�
<br /> •-��•�%:�'.::�_ - mail to Lender's uddress stated hcrein ar any.aher addret�I.ender deyienater by natice to Horrawer. Any notice provided for .
<br /> - ./ %��.1��..� ' " ..K.��_
<br /> � �w.ti-�:_.f.�::,;_ in this Security Instrument sfrdi be dccmeei to h:yve becn given to Borrr+wer ar Lender when gicen a.�provided in this , , �-.•:
<br /> ,;.�� `{. Y�;"�. .. paragraph' � v�
<br /> �.��'" ��
<br /> �;�;�-r-�>z-:.. 15. Gaverning Law:Sevenbllity. Thi.ti Security Intitrumcnt �hall bc govemed by federal luw and the faw of ihe .
<br />� • �. :•�=-°' jurisdiction in which thc Pm�erty iti tcx:atcd. tn thc event that any pravitii�m or ctautic of this Sccurity Instrument ar�tct Note . ti. :'',�,: ,• t��_
<br /> •,:_:�-_ _ . ..,
<br /> � .. canflicts with applicable I:�w.yuch canflic�tihull nm affect other pmvitiiany af this SrcarFt�i.�.�trumem or the Note»�:ich can ,
<br /> ' ' ''�� !'�<' : °.-• be given effeet withaut the caaflicting pravi�ion. Tc�this end ihe provi�ion���f this SL:�:rity'lnstrument and the Note are � ; .
<br /> � 1.'�.: . - . . ' � . � .�•. .-
<br />• . '�1`° ' declared to be severable. • +
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<br /> Y„'°'�, ��. � 16. Borrower's Copy. Borruwer�halt 6e given one cunfum�ed copy of ihe Nate aRd oP thiti Secur,ty lnstrument. r�
<br /> ��`�:w°:.:� � � 17. Transfer of the Pro�erly or a 8cnettclal lnlerect in Hurmwer. If all�r:�ny y�an of thc Prapeny ar any interest in i ��
<br /> it is sald or trAnsferred(�u if a tx�nefici:�t interest in Barr��wcr i�u�td or trs+ntiferte�and Bonuwer i+not a natural penan) � . • , . �;�
<br /> • � � ����=�,: . � =---
<br /> •�;�; --�-• .. ` without l.enderw priar written consern.l.ender may,sn its uptinn.rcyuire immrdiate payment in full uf ull zums tiecured by ';�
<br /> ' • �x�-:;..'.: . �his 5ecurity Instrument. Hawever.thiti option th;�ll nut he exerciscd hy l.cndcr if cxcrciye iti pruhibited by fedcral�law as of
<br /> the datc of this Seeurity M�trt�mcnt. � . �� �' `
<br /> , �r,.�;.... . . . . .
<br /> - • '""�°� `; lf I.ender exerewes thiti aptinn.Lender�hall givc BorruN•cr nutice��1'accclrrutii�t�. 'Thc nutice shall pravide a period oP t _
<br /> , •,.;;' . . .
<br /> ,.�,�, not less than 30 days from the date the notice is cteliven:d or mailed within whirh Aurro�rer murt pay all�ums tiecured by thir �
<br /> , ' Security lnstrument. lf�orrouer fuilv to puy thc�e tum�. priar t��the cxpirati<�n af iE:i�Fxri�xl. Lende�m:►y inooke :u�y , .
<br /> � • � remediew permitted by thi�Security ln�trument withaut funher n��tice ur dem.md on liorroa•er.
<br /> • - 18. BurrowePs Ri�hl to Reinst�te. If ���rrc�wer n�ccts ccrlain c<mdi�iim.. 8��rrowcr .rhall havc th� right tn havc .
<br /> ' ; � . enfumement of'Ihis 5ccurity ln.trum�nt disu�:tinucd at any timc priur tv�hc c:�rticr of: (:U S(luyy I��f�UCII othCf�Cllxt A+
<br /> . - .' . � Sia�le f'amitp•-6imnir Hae.Preddie�f:�c 1'\IFOH�11VS7'RI'qY.�"f•-t nitonu('nvenanh 4/90 rt,u��•a��(h prixr�� � , .
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