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<br /> . '. Qpqd�maation or adier takinB of�Y I�4f the P�ropertY.oc for cmvey3oc�c in tieu af rnade�•����i�� � .
<br /> • , . - _ � ,
<br /> .- . _. .— . - . ` as....., }"F — - -�_..._.-.._ - -. ��i�...R:n C.nuritv .. _ _ -- ...-.-.
<br /> jIt thC CVEIIt Of S t0[�ti�[U1$Of tht PIOpCtIY• 'LV�!C-siit�s'3���F��u'-�z�6`•i--- ,:
<br /> �in�.���or not thcd dve,with a�►y.eacess Paid to Bamwer. In tfre event of a parti�t[taicq�g of t�e�xnl'� , �
<br /> i�edi�tel 6efae tbe talciag is equal ta or greatcr ti�an tLe am9�i of the sams
<br /> wbich the fair madcet vatue of the PtiipenY Y m writing.
<br /> socurod by this Secnrit�In�ent immediately 6efore the taking.�Borrower and Lende�otherwi�se by�the fotiowiag
<br /> � the sums secnced by this Savrity trtsu�une"t si�all be reduceA Dy the amaunt oi tix proceeds
<br /> � ftactioa: (a)the ta��tmt of tAe sams sec�ed it�diatttY lxfare the talung.divtcled bY lb)the fair m�tket'vatoe�� _-
<br /> pr+nperiy imtnediately bef<xr th�takin�. Any balance shaU be ptid to Borrower. In th�evettt of a partiai tta�t�' g�sums
<br /> property in w6�ch the fair mari�et valnc of t1�e ProQertY immediately before the taking ic tess d�an tl��5�
<br /> secured immedisuiy befae the talcing,nnless Bomower and L.ender otherw+ise agor in writin�or unlers applicabte taw
<br /> i �{}be �ed to the sua�s secured by tivs SecuritY Instrutnen�whether or not the sums au�e.
<br /> _ , adkrwise prav dts.�h�Pr°ceods apVi
<br /> tbeudue. Bo�rower,or if.after notice by Lendec to Borrower tt�at,the,coademnor offers to make
<br /> ' If the propetty is abandaud bY to Lender within 3U days after tiie date�the aaRiee is given,
<br /> ��r�d or seple a claim for damages.Bucrower faiis to iespond
<br /> Lend�er is authorized m coilect and appTy the{xocxds.at its option,either to restoration Qr�epai.r of the p►'aFertY br to the
<br />= sum.c saurcd by this Security[nsoVtnent,wheqtec or not then due. lu�don of p[oceeds to pri��P� shaU nat extend ar- ,
<br /> ' Uakss Lender aad Barrorver�tlKrvvise agRC in writing,�►Y�� .
<br />— �tts refemed ca in p�S�phs 1 and 2 or change.the�moVnt af�h Pa.Y�•�nt ar
<br /> -- postpone the due date af ihe monthlY PaY�
<br /> - 11. Bo�ro�►er Not Rekssed: Forbeanecc BY,1.en�kr Kot A Waiver. . Ex�etu�9�4,Qf.51�����fO�,,P�y� :'�._�:
<br />-_ - mod.ification of amortiz,ation of the sums secured by this Security Inst�umeat S�anted bY,��4F,W any sucs�+��n!��
<br /> __. of Bormwer shatl not:oper•ue to release the tiah7ty of the arig(pal BorN�fer or Bot��v��'�r.sv�C�� in iin€�-�
<br /> -- sUalt nw be tequic.ed to commence proceed�ngs a8ains!�nY.$!�c�•�in intaest or refi�.��[o Q�.�for payment,of< « -
<br /> �rwi�5e modify atnatizatioa of the.wms secured by tb�.a Securit�,[nsAi!ment by r�eas�ou of any;d�pand made by the ong�a�ti:;`- .
<br /> - Bai+nwer or 8orrower's successors in�st. Any for6earance by Lendec in e.xetcising any:cFg'�t.ar remedy shall�at ti���.,
<br /> "` waiver of or preclud�the eaatcise of any r�g�1u qr remedy. C� �covenants and agr+eements af this
<br />°"•`" 12. Succes�ocs aed Ass�Bouod;l�nt�nd SeverAl LiabiUtyr;
<br /> visions of
<br /> Security lnstrument shail bind and benefit tt�e succes.�ohall be '�a'ntt�and scveral. � Borrower.who o-signs�.I u Security --
<br /> pustgraph t7.HOtcoa+�:s,covenants a�[d a��.rnLS J and eom�ey,that �i-.�.�
<br />� Inswment but does not eaecate the Nare_ la)is co-signing this Securiry hrsuut!unt a�tly banw�tB��to a the sums ` ��"!
<br /> � Horrawer's interest'sn the Pr�r�perty under the terms of this Security instmmen� {b)�s�P�O�1�ext�end.mapdi y,forbear x:����`
<br />= , secuced 6y tbis Securicy Inspument;ond lc)agrees that Lender and any ather Barrower may agee ;_y�v
<br /> or make anY accomm°dations with regard to the terms of this Securiry Insnument ar the Note withaut that Baaower's �_: ____
<br />� cansen�. � _° —
<br /> 13 l.usa_Chs�rSes. If the toan secuted by this Security Inswment is subject to a law which sets maximum toan
<br />�.", , � � �harges,and that law is finally interpneted so that the interest or at!-�e toan charges coltected nr to be collected in c o��,>�:. —
<br /> w i t b t h e toaaexceed the p erm�tted limits.then: (a)any such loan charge sball be redaced hY the am°�nt necessarY ____
<br /> " t1�e charge io tt�cpermitted limit;and(b)any sums alre'ady collecte d from 8otmw e r w h i c h e x c e.e d e d p ermitted limits wiQ be —=�_—
<br /> ° ' refunded to Bamower. Leader may chooSe to make�his rzfand by redueing the principal owed under the IVote pc hy mak�ng a *��_�._
<br /> • �': direct,paytnent to Botrower. If a refund reducec QrirreiPaJ.the reduction wil!be ueated ay a partiaf prepay�.°�s without any ��,h..:+
<br /> '��� prepay�er.t charge under the Note. � 4 (� peGvering it or by �z�`�����.��_
<br />' .; ' '�.'�" iqr �otices. Anp notice to BoRawer provided for in this Securi ln.strumen[shall be gi'�}.,Y
<br /> maiting it by tirst�1a.�.�ma�unless app lic a b le law req u i r e s u s e o f a no ther method.'f'he noace shai#.�;du��ted to the Property
<br /> �; Address or any other address B�rrower designate�by notice to Lender. Any natice to Lender sha!$he"_-�`'�b TaYided for � _
<br /> mai]to l.en�kr's address stated herein or ar►y other address Lender ctesignates by notice to Borrower. Any nut4�F p
<br /> - in thig Security,lnstrument shall be deemed to have been given to BoRawer or Lcndet when given as provtded in this ,
<br /> Y:>. paragra�Fn. � _
<br />' ; t5. Gpverning Law;SeverabiHty. This Security InstrumenE�hall ba govemed by federal law and the law af the.
<br /> - �u�t�s w th a h li able law..���u h canflict�.�hall aot affect ottt p ov ions�c�f thi�Securitytlnst�rsrctP.�nt}ar the Note wh ch can �
<br /> �,t; : conflict pp
<br />• 'be given effect without the canflicting pcavi�;iaa To this end the provisianc af'tbiti 3ecurity lnstrument und the IVate are � � . . �..
<br /> '"���� deciared w be severable.
<br /> i�, �rower's Copy. Horrower sha1G be gi��en ane coafurtneC capy af the Nate and of this Security instrument. _
<br /> , . �;_= /7. Transfer of the Property oe a Beneftci�!laterest tn Barsower. If all or uny part of ttie Propeny ar any interest in ., ��
<br /> it is sold ar tran5ferred lor if a beneficial intcre+t in Barcowcr is ratd ar tran�fcrred and Bcrrower is not a natural perwn) °..:��; _.
<br /> ��`� . without l.cnder's prior written cansent,l..cnder may.at its option.require immediate payment in fu0 of all�umg secured by _ :�i4�::
<br /> . . �;`,'�. , thi�c Security lnstrument. However.thi�option+huil not be exercised by Lendcr iP exerc�sc iti ptohibitecl by federal law a.c af _
<br /> : J �:�' Ihe date of this Secuaty lnstrument. •` �• ,
<br /> '��•f• !f l.ender exercise�thi.v option.Lendet shall give Barrower narice ni arceteratian. 'i'he r.otice ahall pravide a periad of
<br /> x� � not tess than 3�days from,the date the naticc is delivercd or maited within whirh Barro�vcr m��t pay aH sumx�ecured by�is � � .
<br /> � .. -- .,- • Security Instrument. 11 Botrowcr failc to pay the�e sums prior to the expiration of thiti pec:od.Len�cr may invoke an�� �.
<br /> ' ��-*� remedies permiued by thiti 5ccurity Instrument withovt further n�nicc ar dcmund cm Hartoacr. ,
<br />" - -* � . 18. Borrower'!► Itight to ReinState. It'Borrnwcr mcets certain conditinns. Bonowcr�hull have thc righi to have � •
<br /> i
<br /> enfnrccment of this Security Instrument diticancinued at.tny time prinr to the earlicr of: (a)9 day�(�r�uch�ther period uti �
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<br /> . � Singlc Famity.�F�nmie tl�t/Fr�ddie!linc E:11F11R�t INtifNI�1k:�'f-•l'nif��mi rnv�naN.r vt90 �prr_4e d njb pu�;rki . ! .
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