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<br /> � caadatr�tioa Qs a�er pJ�i�of any�art of tbe fhvpert�.or[or oonveXanae i�f3cu.of con&mi�iorl.are hercby assigned�nd
<br /> , �hal}�p�i�to 1.eader.' � � ' � ` - �
<br /> � � in 11�eveet�vt s tatai taicing of tbe Propeny,tAe p�axeds sE�11 be�pplied to thc sums secured b.y this Securit -- -
<br /> � ` _
<br /> - —_----wbich B�e f�ic m�lcet vatue.nf ti�c � '�mmcdiatet 6efan tAe t�tcin is wh!to ar �T g m� • �
<br /> �Y� � 8 al g�uer tlwa tbe atnouat of the swn�
<br /> . <secwo�by�is Secs�rity L�umrnc im�oed'iately befae tfie aking.imtesg Barawer and Lcncter othenvise agree in writing.
<br /> ' . the sums secu�ed byr this 5ectuity 6�saument sh�ll be ieduced by thr�mouAe of[he pra�eMs muftiptied Ay the foibwirtg `
<br /> frxtion: (a)ttie wtai amount of the wms secuted immediately beforc the t�king;divided by(b)thc fair mulcet value.of thc
<br /> I'tnpeiiy imm�ed`uttiy�efa�tha f�Ying. Any baiuue sGalI fie paid co Barav►u., In�I�e eYeitt di a iwrtia!taking of ihe
<br /> , Ptopaty in;vrhich tbe fair mufet vatne of tbe Propetty 6t�ediately before the tahing is iess than the�t of tbe sums
<br /> secu�ed'imntedi�ety heforc�he taicing.untess Borrower and l.eM�r aherwise agree io writin�ur unkss applicabk taw .
<br /> othe�wise provides,the ptoaeds shall bp applied to the sums secured bjr ihis Security Insttuitxnt whether oF not thc sums�te
<br /> then�ie. .
<br /> � U the P�nQetty is a�andatkd by Soriovret,or if.after notice by Lender to Born�wer Ihat the condemnar offers to m�ice .
<br /> an awasd ar settle a claim for damages.Bottocrer fails io rrspa�d to Lender within 30 days atter tt�e date the notice is given.
<br /> . ' t.etKie�is audiorued to caikce w�d apply the paeeds.:u its aption.citber to restcxatian tir#ep�ir of tiie Frvperty ar ta the
<br /> . sums socucedby this Security Inswmen�whethcror not then due. '
<br /> � Unlas ltendet and Boa+nwer otherwise agree in wriang.any application of pnoceeds to pcincipal st�aU not exten�a
<br /> ,• •Postpone tl�e due date of the man�hlY WY��rafernod[u ie puagwaphs t aid 2 or c6ange the ama,nt of such pa�rm�nts. �
<br /> � 1L aaer�owee Not Rdes�ed: Fotbearsn�e @y Leadcr Not s Waivtr. Exter�sion �f the time for payment or F_
<br /> �malific�tian of`amartitadan af tbe sums secu�od by this Security[nsuument granted Ey Lender to pny successo�in interest
<br /> , of B�er siiall nat operate co rekase ibe liability of the original8orroweror Barower's successo�s in interest.Leader
<br /> . sT�ll not be roqaired w caruncncx p�oceed'mgs�gainst�ny successor in interest ar refuse[o exoend time for payment or .
<br /> . atl�wise modify amortizatiqs of tbe sums secui+ed by this Savriry Instrument by ceason of any demand made by the origina{
<br /> Sarowec or Barower's successors in intercst. My forbeatance by L,ender in exercising any right or remedy shali not be a �
<br /> rvaiver of or preciode tt6ee exe�ise of anq right or nmedy. ,
<br /> ` !Z. Saoeeasors�d Assi�p�.s Booad;,lai�t a�d Sever�i LiaWfity:Co�pers. '[iie�oveaanu and agreemer��4 of this
<br /> Sexurity Instiummt st�all bind and benefit the succeswrs and assigns of Lender and Bonuwec•�bject to the pmvisions af .
<br /> par.ttgra� l�.Berrrower's cavenan�s and'agneements shall be joint and several.Any Borro��t�i�g,co-signs this Security
<br />_ � . - instnunent 6ut does not cxecute the Note: (a)is co.signing this Security Insnumen[only co�:er�;.��tand convey ihat
<br /> _ '� Borrower's intenst in the Property under the tertns of this Security instrument; (b)is not petv+n..�rz oii!ij;Axd to pay the sums '
<br />- secured by this Security Instmment;and(c)agrees thai l..ender and any other Bortower mx,:.a.�cx:-o$=;�d.madify.fo�b�t
<br />-�' or maice any accammodations with regard ro the terms of this Security Instrument ar"-�:�'rc��:��.�aut that Borrowers
<br /> rons�nt. � ,
<br /> 13 Laan Chat�es. If the laan secured by this Secvrity lnsirument is subject to a�-���,i�'��rnaaimum loan
<br /> -- � ' �; -ctiarges.and that law is finally interpceted sa that the interest or other toan charges callected or ta� '�?�ed in connection
<br /> �:�'• with thc loan exceed the pertnitted limits,.then: (a)any such loan charge sha116e reduced by the xinount necessary to ceduce
<br /> _ the c6arge to tf�e permitted limi�anct(b)anY sums already callected from Borrawer which exa�ded permitted limits will be
<br /> _ _ nfunded to Borrower. Lender may chc�ose to make this refund by reducing the principal awed under the Note ar 6y making a
<br />':r,.': direct payment to Borrower. If a refucrd reduces principal.the reduction wilFbe treateA as a partiai prepayment without any
<br />- prepayrt�ent charge u�der 1he Note.
<br /> ' 14. Notkes. My notice[o Borrower pravided for in this Security In.�trument�hall be given by delivering it ar by
<br /> mailing it 6y ftrst class mail unless�pplicubte law requires use of anather method.The notice sha11 be directed to the Property .
<br /> +�::; Addnss or any other address Borrowc7 designates by notice to I.ender. A�y notice to Lender sha116e given by firsy cluss
<br />:';,�;:;•: mail to l.ender's•address.tated herein or any ather address Lender designates by notice to Borrower. Any nofice provided far
<br />=�'i;�.,� in this Security Instrument shall be deemed to have been given ta"Eaaowes or Lender when given a� providcd in this
<br /> ;`i;44;�� P3taS1'dPh•
<br />°':l�� IS. Governing Law; Sevenbility. This Sec�rity Instnrmem yhaU be gavemed hy federal !aw and the !aw af the
<br /> `.,='•�;. • jurisdiction in which the Propeny is facated. fn the event that any provisian or ctause af this Security Tnsirument ar the Note
<br /> • conpicts with appticable faw,such cont7ict.shull not Affeet other provisians of this 5ecurity Instrument or the Note which can -
<br /> � be given effect withoal the conilictui��provision. Ta�his end the pravi+ians of Ihis Security.lnstrument an�the Note are
<br /> , declared to be�verable.
<br /> ' '`�� 16. $orrowa''s CagY Borrawer rhall be given one confarmed copy nf the�e:e and of this Security tnstrument.
<br /> •,-��� 17. 7lranster ot tit�Property or a BeneticiaUnterest In 8or�ower. lf alt cr�.ra�par�af the Praperty or uny interest in
<br /> ,'�r?;'s it is sold ar transferred(or if a beneficia!intcrest in Barrow�v iti Sc�ld��r tramfemd and Borrnwer iv not a natural person)
<br /> � without Lender's prior written consent.Lender may,at irs option,reyuire immcdiatc payment in full of all sums secured by
<br /> ' ihis Security Iastrumen�. Hawever.this optian shall not be exerciced by.Lender iiexerci�e iv prohibited by feder:�l law as of
<br /> `:`������� the date of this Security Insuumcnt.
<br /> � If l.ender exercises Ihis option,l.en�ler zhalt giti.;8orrawer noticc af acrcicratian. '1'hc natice�hall pnn rde a periad of
<br />, nat fecs than 30 days f�om the date the notice is deliv�red or mailed within wNich Bnrruwcr mu.[p.ry alI tium5�ured by this '
<br /> � Securiry Instrumenl. IP Borrower failx to pay thetic tiums prior tc.thc cxpiration��f thi�period. Lcnder may invoke any
<br /> remedies permitted by this Sccurity ln�trumcnt without furthcr notice�,r dcmand an Barrawcr.
<br /> , 18. Borro�rer's Right to Rciastate. If gorrowrr meets certain r�nditicfn�. Bnrro�ccr�i�all have thc right to have �
<br /> ; enforcement of this Sec�rity Instrument divanlinued at any timc priar tn Ihc c:�rlicr of: IaY�uays(or tiuch other perial�s _
<br /> ,: Singlc P.+mily--F�nek SfaelFreddk�fac Otl�'1H1�1 I�ti'fRt'�fF.�'S�;Cr.�i.�rm('urrn:mn 9140 q�uaed nJe pucrv
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