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<br /> �° �,�:�i°�r�' � LOAN NO. � 5 3 9 2 1 6 3 �4
<br /> 10.Cond�mn�tion. The praceeds of any r�ward ar clalm for damages,dlract or consequentlal,in connectlon wfth
<br /> any condomnstlon or other takln�of any part of the PraAerty, orfor conveyance In Ileu of condemnatlan,are heroby
<br /> sselpned and shall be�pald to Lender. ' .
<br /> ,�,,...
<br /> ", In th3 ovoett nf a total t�king of the Property,the proceeds shall be applleu to the sums secured by thls Securtry
<br /> Instrument,whether or not then due,with any excess patd to�orrower.In the evant ofi a partlal tutting o4 the ff'ro}�erty In : _
<br /> " � wh{ch the tatr rnftrice4 value of the Property Immedlately betoro the taking la equal to or greater than the amount of the
<br /> �� sums secured by thls Security Instrurnent Immediately betore the taklng,unlesa Borrower and Lender athenrvise agreo In
<br /> wrfting,the sums secured by this Socurity Inst►ument ehall bA reduced by the amount of the p�oceeds multlplled by the
<br /> `t�•�'"� tollowing ftactlon:(a)the tot�l amount of the sums secured Immedlately betore the takln�,divlded by(b)the telr market
<br /> value of tho Properry Immedtately before the taking.Any balance shell be pald to Borrower.In the event ot a padi�l
<br /> taking of the Property In whlch the falr market vaiue of the Property Immedlately betare the taking ia tess than the :.:,_';
<br /> amount of the sums sacurod Irnmedlately batore the taktng,uniess Botrower and l.endar otherw►se agres In tivriting os L;1,.�l1_
<br /> unless appiicable law otherwise provides,the proceeds shall be appHed to the surns secured by this 8ecurity ,,. ,;�r o:.
<br /> -a5'.:�ln.:
<br /> • Instrument whether or not the sums are then due. � �•.�,; .,
<br /> � If the Propatty�s abandane�my Borrower. or If,after nottce by Lender to Borrowar that the co,hdemnor oHers to . :a.�,y,
<br /> �. make�n award or setde a clalm for damag�s, Borrowsr f�he to cse�eda�g op�on,oithert�restoratlon oar tpalr of tfie �'��� `�
<br /> " � notice Is given,Lender Is suthorized to collect�nd appiy p ,?=�::`�`
<br /> •� Propsrry or to the st�ma secured by thls Securtry Instrument,whether or not then due. ;;;._r---_=
<br /> ' Urdess Lender and Borrower otherwise ac�ree in writing,any applicatlon of proceeds to princlpal shati not e�end or �,':y_ ,__
<br /> ' � postpone 4he dua date at the monthly paymente referr�d to tn paragraphs t arxi 2 or change the amaunt of auch : :-J���'
<br /> _ payments. , --
<br />:,. ment or
<br /> � 11.Borrow�r Nat Rele��sd;Forba�ance By Lmder Not a�W�ivar. Extension of the time for pay , - '�
<br /> modfficatlon of amortizetlon of tho sums secu�ed by this Security Instrument granted by Lender to any successor in __
<br /> IMerest cf BoROwer shall not operate to relsase the Ilabllity of the origlnal Bo�rower or Borrower's successora In =__
<br /> _ i:'�. interest.Lsnder shall not ba required to commence proceedinga agalnst any successor In Interest or refuse to extend ;
<br /> '�`' . • � , t lma t o r p a y m e r Y•.o r o t h e r w l s e m o d i f y s m o rt l z a t i o n o f the sums eacured b y this Securih/Instrument by reason ot any :.,,�....-ti
<br />_ , • � dema n d ma d e b y the orl glnal Barrower or Borrower's successors in Interes�Any forbsarence by Le n de r I n e x e r c l s i n g ,,.,-__
<br />-;T�. any right or remedy shall not be a waiver ot or preclude the exerctsa of any right or remedy. �; -
<br /> , ,. :� ,�_
<br /> � � 12.Succ�sors�nd A�sl���Bound;Jofnt and Sewral UeblQitll;Ca-sbnen. Tha covenan sublecgt hoents of ,v_
<br /> ,�r� , this Security Instrument shaii iwrxi ei�u unr�ai3:ths auc�,�arr�"a--ISn- -t!-R^der and Borrawer, �_..
<br /> ���- provisions ot paragraph 17.Bo�rower's cavanants and�preements shali be Jolnt anci several.Any Barrc�wer who �,;
<br /> _";�.�F?�,:,; co-sl�ns this Security Instrument Iwt does not executo the Note: (8)under theit rtns af hs S lurity nstrument (b)ts �-o
<br />-�•,w.,,,,,,J� � mortgaQe,graM and convey that Bortowere interest In the Property =�
<br />��;�.f�;>,;.: not persor�liy obllpaded to pay the sums secured by thls Security Instn�ment;and(c)agress tha�t Lender and sny otFror _
<br /> °�.,°R''"."".; - Borrower may agree to extend,modNy�forbear or make any accommodatlons wfth rggard to the terms d thls Sacurity _
<br /> w'�.t��:���;� ` � Inatrument or the Nate without that Bnrrower's cor�sent. __
<br /> •'i�ca�. _----
<br /> ::.�;_;._;,� 13.Lo�n Ch�rptt�. Ifi the toan aecured by this Securiry Instniment la subject to a IFiw which sets maxlmum oan
<br /> a�'-_-
<br /> -�:-=k.�__� . charges,and that law Is flnally Interpreted eo that the Interest a other loan charges cdlected or to be cd�ect � �:._�,_
<br />-r:�;�: -, connection wtth the loan exceed the permitted Umfts,then:(a)any su�h loan charge shall be reduced by the amaunt _
<br /> ��'s.;':'�" ��;� necessnry to raduce the charge to the p�rmttted 11mft;and(b any sums already cdlscted irom�iorrowar whlch
<br /> -�_:�..-�k;�• ;;``i axceeded permitted Ilmits w111 be refunded to Bonower. Le�er Borcower If n refuk�d red�e prina�pe�uther�eduction
<br /> --�—�__ ��" principal owed under the Note or by mak'np a direct payme
<br /> --_-= • wNl t�e tre�ted as a padia�prepayment wifhout any prepaymer►t charga urKier the Note. _
<br /> --'�'`'� 14.Notic�tr. Ar�y notice tn�orrower provided tor In this Security Instrument shall be given by delivedng R or bY
<br /> __._;;�;;;;�,; rr�Nln�k by flrat dass maA unless applicable law requ:res us�s of another method.The notice shali be directed to the
<br /> property NAclydresa oP eny ather address Borrawer deslgnates by notice 40 l.ander.An rtotica to Ler�io:sh�l�b�9we�
<br /> .u�,.���� �.' ay 8rst dasa maM to Lenders addtonstrument shall be deyemed co ha e bee 81ven to Borrower orLender when gwe+i y R�,
<br /> – ,•,�„�• notice provided tor In this Security �+`•.• _.
<br /> --� -- � es pravided In thls paragraph. —
<br /> `='��^�="� 16.�owmlrp Uw;S�wnbiltty. 7hls Security Instrument shalt be governed by fodoral Inw and the law of the
<br /> ._ ---�- " � �urisdlction in wh�h the Property Is located.In ths event that eny provislon or clause of thls Securtty Instrurnent ar the
<br />— _:��m� �. � Note cor�ti�ta with appilcabie law,such cor►flict shall not affect other provislons of this Sacu�ty Inst►unner�t athe Note
<br /> �-?�; � whlch can be given eNeGt wnhout the cnnfll�tlnQ proviston.To this end the provisions of this Security Instrumaret end tho
<br /> �i� Note ara declared to be severat�le. _..__.
<br /> -.;�,,�.;,�:,,�.; , 1m. BorrowK'�Gopy. Borrowet shall be given one contonned copy of the Nate end of thls Secudty Ina4rt�ment. --
<br /> • � ' 17. 7�nNar ot th�Prop�rty or�Beneliclallnte�t In Borrovwir. If ull or any part of the Property orany _�
<br /> ��, .�. ,'
<br /> �.,�,��'�� Ir�erest In ft is s+old or transtened(or N a beneflclal fMerest in Bonower Is s�ld or transfe�red e�ui BoROwe��In tuil oi ali �
<br /> ::z,�l.s.,,:.�. :,; ,
<br /> .�";y,�, ,�; � natural person)wlthout Lender's prior writter+consen� Lender may,at fts optlon,require lmmedlate paym -
<br /> `�';�f':�s!�;;;°,;: svrns secured by thls Security Insirument However,thls oprlon�hall rsot be exerclseci by Lender ff exercis9ls ,-:-..
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<br /> ��t'i";•�� � �� prohlbfted by fede��al law as o!Ehe dats of thls Security lnsirumant.
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