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<br /> 10.Cond�mn�tlon. The proce�tis a!a�y award or clatm for dsrrv�ges,dlrect or conaequentlal,In connecilo�i wfth ___
<br /> ar�y condemnatlon or other taking of any part of the Property,or for corneyance In Ileu of coi�demnatlon,are hereby
<br /> ssstgrt��d end shail be pa�d to Lender.
<br /> In the eve�of s tot�l tnkir�q of the Property,the praceeda mhall be appl�ed to 4he sums secured by thia 3eCUrity
<br /> Instrumen�whether or not then due,wfth sny exaese pnid to Banower.In the event of a paRla�teking of the Prope►ty ln
<br /> whlch the tafr matket value of thd ProWe�iy I��i��i�ilatstY t��Tor�th�takittg Is et�uPO to or gre�ter than the amaunt of the �_
<br /> sums secu�ed by thls Secu�ity Instrumer�immediately before tha teklnp,unlesa Banower end I..ender otherwis�a�ree In
<br /> w�ting,tho sums secured by thla Securt�y Instrument shall bn reduc�d bY the amnunt ofgthe��pr�x��b�the fe��� markat
<br /> idlowin fl fractlan:(a)the total amaunt of the eums secured Immediately betore the takin ,
<br /> vaiue of the Praperty�I��I ht t�he f�tQrma►ket va'I e of the Praperty ml medlate�y beforewhe taldnp Is loas han he�i
<br /> taking of th9 Prope►ty
<br /> amount of the sums secured Imm�dlateiy botore tho teking,unlesa���to tha sumae cured by�thls Security �ng or
<br /> uniess appl�able IAw otherwlse pravides,the praceeds ahall be app .-
<br /> Instrument whether or not the sums sre then due.
<br /> If th�Property Is ebandoned by Bc►rrrower,or ff,after�+otice by Lender to B�nower that the condomn�r affors to
<br /> make an ewarcl n�settle a clalm tor damages,Bortower faNa to respand to Lender wiihin 30 days after the d�te tho
<br /> notl�e is givon,l.ender I�autha�izod to cdlect and apply th�proceeds,at fts optlon,efther to re�toratinn ar repalr of the
<br /> Property or ta the surns secured by this Secu�ty Instrument,whether or not thsn du0.
<br /> !lreless Le�ier And Bpr�oH►or otherwise agree In v�iting,eny npplicatlon of proceeds to principal shall not extend or
<br /> postpone the due date df lh�monthly paymerts retened to(n paragrapF�s 9 a�d 2 or chanSe tho umouni of�uch --
<br /> F�Y�to.
<br /> 11.8orrowK Not Relwsodi Fa��'+�nce 8y Lender Not a Wefver. Extenslon of the ta�o for payment or
<br /> modi8c;atbn of amoRiza.tlon of ths sums securdd by thls Security inst�meM 9rant�d bY Lsnderto eny successar in
<br /> (Merest of Barrower shall not operate to release the IlaWlity of tfie origlnal Bdrrower or�oROwer's succes�ors(n
<br /> ��erest Lender aheJl not be requlred to commence proceedings agalnat any auccessor In interest or raiwse to extend
<br /> tlme tcx paymern o�othetwise modify amortizatlon of the sums secured by thls Secu�ity Instn�rnarn by ret��ean of eny
<br /> demand med�by the oe3glnal Bo�ower ar Borrower's successor5 In Irrtorest.Any fofiearance by Lender In exerclsln�
<br /> any rigM or remedy shal�not be a wah+e�af or P►edude the exercise of any�jht or remedy.
<br /> �Z,gqc�so�s�nd As ns Bound;Joint�rx!S�wral Uabtlity�Co-slgn�n. The covenants and agreements of
<br /> this SncuHty I�tn�meM sha���nd and Benneflt the 8uc:cessore and ass�gna oi Lender and Borrower,subJect to the
<br /> F„��!-�a!�•�;ra�!7.a±��+�+e►'s covenants and a9reamen�sF�all be jnlntgand sgveral.Any Bo►rawer�who
<br /> co.s{g�s thls ecurit�l Instrument but daes not eocecute the Mot�: a)Ia co-si9nin cnis 3ecuiny iaaa� ��a��.�� ••.
<br /> mo�tpe�e,graM and comrey that 9Qrrotiver's IMerest in the Proparty under the terms of this 8ecurity Instrument;(b)ls
<br /> not pexsonally obligated to pa the sums secured by this 3ecurity�1ns2rumeM;snd(c)agrees tt�at Lender and any ott�er
<br /> I����te��t��lorbear��any accommodationa with regard ta the terms of this 3ecurity
<br /> 13.LaA Chsrpa• if the�oen seeured by thla Securily Instnfmsnt Is subJect to a law whi�ch sets maximum losn
<br /> char�es,and thnt law is�nally(nterpreted eo that the Interest ar other loan chsrpes coilected or to be cdiected in :
<br /> c�nnr�ecilo�wwithh the ioen euccead the permftted Ilmks,then:`a)any such loan charge shail be reduced by the amour�t
<br /> necesear�to reduce the ct�arfle to the perrr+Itted Iimit;arxi(b)any sums elready cdlocted irom Borrower whlch
<br /> e�c�ea�r����;:���«:s;��s�:o���io Eot!!+�t.!!�i�r may cFwase�o meke thfs refund by reduaing the
<br /> principel a�red unde�che Nae or by makinp a direct paymeM to Borrowe�.li a refund reduces principe�i,Yne r�ciuc���
<br /> wNl be treeted a8 a partial PreF�Yment withaut anY PrePr�Yment charqe under the Note.
<br /> 1A.Noticea. My natice to Baraw�p�o�vided for In this Secu►ih►Inatniment shall be�iv�n by delhrerinp R a[�t
<br /> maping It by�fltst daas maN unle�a ep}�1}r,t�ble iaw requires use aP another method.The nat c�shall be dkected to th�
<br /> P Addr�es or a��ayther addrese Borrower designatoa by nottce to l.endeY.M noRica ta I:ender shelt tae plven
<br /> by�c�ass��ior In t'hls��5ecuritq Instrument shall be d�semed t im e been 9i�ven to B�tcxroweyr tsnder when qhren y .
<br /> �ovki�ed in ihfs pa►aflraph•
<br /> i6.GowmNq 4w;3�wnbllity. This SeCUrity Instrument at�ti be gorrerr�ed by fadoral Iaw and the inw of the
<br /> urieclk:tilon tn vW�ch the P�e�ty ls locatad.In the enreM that an�► o�ts�on or aause a tn�se�urny ir,s�n,me�a or tne
<br /> 1 k on siony of this Security Instnament or tlie Nde
<br /> iV�te caMi�wtth appiicxbte law,such conllict shall notaff�ct a provt
<br /> ��h�������t��Q��t{�g��ov��{an.Tb ttsM er�the pm�l�lons c�f thls Security In�2rumer►t and the
<br /> Nae are dedered co be severable.
<br /> �a Borrow�+�Copy, Borrowor at�ell be given one confbrmed copy ot the Note and of this Security InstrumoM.
<br /> ��, ���ti�,�+rOp�ty or e Bsn�fkwi pnt�ntt in Borrower. If all or any part of the ProWe�ty or eny
<br /> • I�tereat In R Is sdd or t►a�sterred(or N'a beneficlal interest tn Boirower Is edcl or t�ansierred and Borrawer Is nat� ,
<br /> natu►al Aersan)without Lenders prlor written consent.hls optlon shalatno4�e�ere sed by Lender If e�xe clse lan 1a�11 of e�l .
<br /> surr�securod by thb Securlt}i InstrumeM. Hawever, .
<br /> prphlWtad by federa!law as ot the date of thl�5ecudty InsttumeM.
<br /> �' fORM 902�9/90
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