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<br /> oondemn�tinn o�aRlie�tatcin8 of�►y put of the Praperty.or far eomeymoe in lieu of ca�d�ort,�tt l�rchY��E�.� "
<br /> -__ _ - --.•-- =�--' -- • --- --�- �slss!. � - , ' • - _� � -
<br /> in tt�e event o a t S � , • �"' . "
<br /> ,I�wE�r������ny�xass paid to Bocrnwer..in the event of a putial tatia8 of thrr Pr°P�S'1° ' --
<br /> �rvhich the fair market vatuc of d�e P r�p e rt Y immediatcly 6efore the taking is equal to w g�eater tfean t(sc amoynt���& ' .
<br /> ' secu�ed by this Secuury Ieisuument immediatc tjr 6 e fore s h e t a k in g,u n i e s s B a�i o w e r a n d L e n d e r�'�a 8�� ,
<br /> tAe s�uns secund by this Security(nsuument sha116e ceduced by ttre amaurt of the pioceeds multiPlied 6y the foUowing _
<br /> {��: (a3 Ux total amaunt of the sams sav�d innnediatety before the takimg.dividcd by.(b)the fair marlceE value�� .
<br /> prnpeRyr immediately 6efore tHe taici»g. Acry bataacc shaU be�paid to Bamwar. Ia tho evmt of a pazti�l taicin8
<br /> �P�rtl►ia wl�ich the f�madcet value of dse Pcope�ty immediately 6efose the taidng is less than the amount o��f � ,
<br /> . secu�d immediately befare tt�takfnS•nntess H°n°wer and L,ender athenvise agcee in wriaag or unless app_
<br /> �}�,;�p�ri�,���s shall be app6ed to;the snms secured by this Sec�utY�mea�whether or not d�e sums are
<br /> t6en due. .�-:';a: .•.:; .�., : ' �=w,�that tde condemnar offers to mat�e
<br />___ • �� iS�iair3�sc:$oFrawer,or ifr,after nodcc by Lendlr.3�`��...;_�
<br />=-- . ��sii av��c:��ac�f�c�..�'�$4n°wer iails ta�to Lender..��,�x.��}�ays after tbe date the notice is given,
<br /> _-- — - :::.�,.,,;.���•� ��- az its optian.either[o�.vcation or rep�ir.of ti�e P�+operty or ta the
<br /> :;`-.,��er is�.�::- :�scar�eet'aiid appfy the inviceeds.
<br />____ :;r•����}'�y'�s Sr�iCy Insuument.whether or noc d�ett due. a licadon of caceeds ro i shall not extend�or
<br />-:��' Untess Lender and Bomnwer otherwise agree in writing.�nY PP� P F�P�
<br />-R-�.` pvstpbr�e tha due date of�the monthlY PaYments referred to in p�S 1 and 2 or chaage the amount of such payments.
<br />:.;� li. BorraRer.No! Rdepsed: Forbaraaoe By i.ender Not a W��ver. Extension af the time for payment or
<br /> -__���on�f_aainRizati�n_of the sums secur�by thic Security instcumertc granteA by Lender to nny succecsor ui u►terest
<br /> - --�- - of Bom�we�shall not operate to release�he liability nf the original Bornower ar Bormwer's succc�s"'�i�t iniz�est t�—--�-----._�.--_� . . -, _
<br />'- r chell na 6e reqai�ed ta c�mrnence proceedings�gain`t=:uiy uicces�x in intercst�ur refuse ro extend time for pagment or, .
<br />�'.' , cKlrzrwise modi�y�mortization of ttx;sumti�ecured by this Secur.ty tnstrumc�t hy rea+a►oi any demand made by ttte cxiginal --
<br /> � Bnriower or Bnrrawers succcsw�r+in intemst. Any foci�e�'rAace bY 1-endcr�n excrruing any riSht or remcdy yhall�at be a _- _
<br />- waiver�f�x prectude�hc exercise of:uiy right or rcmed�. _=�
<br /> is. �snd Ar�ns Bo��d:lWnt�nd tieveral Liabililp:Co•�aers►. Thc cm�enan4�and agnra�enGs of this -_:___
<br /> .. ' Seeuriry In�trument shall bi�xf anck t�eneGt the�uccesson und a+,igns nf Lender:ux1 Bartawer.aubject m the provisio�s of =g�;f
<br /> r, pu�agr.�ph 17. Sorrowecz cavenants and agrrement�yhall be joim and+everal. Any Bormwer w6u ca.ignc th�+Securi[�
<br /> - • Instn�ment 6ue dnes aat execute tde Note: .t�t i.r�*-tiigning this Security lnstcument anly to moRg:�oe.gr'In�t�r°`�4 m?5 �,'_�� -, --
<br /> � ,�__, Borrcswcri:intcrest in thc PropeAy under the[crms of this 5ccurity Instrument; (b)is not pcnonafly bit� 1�Y,
<br /> � secureQ by chis Security Instrument:�nd lcl agrees that l.ender and any other Barrower may agree to extend.madify.farbear ; .:�
<br /> �' �f� . - ar make aoy accummodations witb regard to the termti oi thi�Security lnstrumertt or the Note without that Boaowec's . i�
<br /> ' `'' .�=� consen� � . t.-s�:_
<br /> '""'�" 13. L.onn Charges. lf the toan secured by this Security Instcument is subject to a law which �eis maximum loan
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<br /> charg�s.actd that law is finally iuterpreted so that the interest or other toan charges coilected or to!x collecKeA in conneetion ,; . ;: .
<br /> ' . with the toan e!eceed t1t�pecmitted lim�ts.then: la)any snch la.ui charge shall be reduced by the amount necessary ta reduce r:;;'..;�,•''-=`
<br /> � '"'''''•�� �, the charge to tne permitte�limi�and(b)a�y sumc already coltected fiom Borrower which exceeded pem�itted timits will be � ,x�_'< :::
<br /> = „; .:� refunded to Bortower. Lender may choose to make this refund by reducing the principal owed under the Nate or by making a ::,
<br /> ' ;:�4;�..' direct payment to Borrower. If a refund reduces principal.the reductiort will be aeated ac a partial prepayment without any �,.�, ,,,'.'; -
<br /> 'r` `��':::i';,- prepayment charge under the Nate. "`
<br /> ` ' � ° ;•:,4 " l�: Nottces. Any natice co Borrower provided for in this Security lnsuument shall be given by delivering it oc by ';�<< , � :�.
<br /> ''�"'�" �����`'-�t� '� mailingtt by first class mail unless applicable taw requires use of another methad.The no[ice shall be directed to the Propeny
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<br />��;° � . �'.' Addsess or any other address Bonower designates by noticc;ta Lender. Any natice to Lender shall be given by firsK class �
<br />� , " �°: ,•?�-:. :;''"��'� mail to Lender's address stated herein or any ather address Lender designates by notice to Botrower. Any notice provided for ;-
<br /> •'o.:':.•'�,:..Y�.':• . 6e deemed ta have becn gi�en to Borrow�er or Lender when given as provided in this ,.;'_.�
<br /> :;!::st,�'��;;:R�:� in this Security In.r•trument shall - • -_=._:
<br /> :��.' .. :�;� • paragaph: _. � .. .:� -
<br /> � "�` • '""°f?=�. . 15. Governing Law:Seveeability. Thiy Security Inytrument�bail be gocerned by federal.law and the law of the �. .w��:-_
<br /> - ,• t�r;:f,:; jurisdiceitin in whicb the Ptaperty i.c I«:ated. In the event that any provisiort ar ctause af thiti Security Instrument or the Note } , _,.; ._
<br /> � , .'�c."'��``'°F;�";�'� �onl7ic;s with applicable law.such cortflict shaU not affect other pravisions of this Security Instrument or the Note which can i. '� . ,,.,?�:;�'�i�.:
<br />" `'`�' ` ���' 6e givep effect without the conflicEio ravisian. Ta thiti end the pravision�of thi.Security Insttumeni and the Nate are j. ���:a:�� ,,,.; .
<br /> • ,:�•;:u. . . S P • . �
<br /> " ""t?r"` • ' : declarcd ta be severablc. � . ' -�.�, -
<br /> ����= '-'1•�'t� 16. Barrower's Copy..Borrower shall be given�me conformc�ce�py��f the tiote and oi ihis Securiry lnstrumenl. Y�;;'''r d:--
<br /> � �.:� .4,,... �.� .
<br /> •� r3�-�-�p:• 17. Transfer af the Propevty ar s�Aeneficial lnterest in liorrawe� If aU or any pan af Ihc Roperty or any interest in LL�,�;:',;
<br /> '! � it is sold or transferted(or if A bencficial intere�t in Borrawer iy rold or[r:�nsfcrrcd and Bonower is not a natural per�on) ����'
<br /> ' t�:.�.
<br /> � �`;.•• withaui l.ender w prior wriuen cansem.Lender muy,at it�nptian,require immediate puyment in full af all.rumti secured by �—"-�
<br /> ' �..-
<br /> , �, •�,� '����' this Security Instrumtnl. However.this�ptinn shaA not hr exercised by L.eader if exerc�se i�prohibited by federai law as af , ,,��
<br /> ,�,��� ° � the date af this Security lnstrument. � , ,�+.
<br /> ; '"� if l.endcr excrcities this aptian.Lender tihall give Bnrcowcr noti�e af accitcration. The natice shall provide A period of [ .
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<br /> , � �_=--•.;r_-::;... nat fes�than�11 day�frc�m thc date the aotice i�delivcred or mailed within w hich Bonuwcr muvt pay ali�umti secured by this (" . :
<br /> • a:�'•;;�• . Security inctrument. If Borrower fails ta pay thctic sumti priur ta the cxpiration uf thi�periocl.Lcnder m�y invakc any +
<br /> � �:'�''� remodies permitted by Ihis 5ecurity ln�trumcnt withaut furthcr a�tiu;or dcm.�nd on 8orrnw•cr.
<br /> • 1& Borrower'!►Right ta Rcinstate. !f Bonu�vcr meety cenain canditiun�. Barrowcr �hall have the right ta have j
<br /> • enfarcemene of thi�5ccurily Inytrumcnt di�continucd.0 any time prior tn the e.irlier��t': I:u S days lor such��thet period as j • . ,
<br /> ' .. . • ' , Singk lcimily..Yannk�1yt/kitQdi��tac t'�IF'11RN I�tii'NI'NkVT--1�nifunn('uvcnant. 9l90 (paLCa�,/h�x�,��v �. ' ' ' .
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