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92107206
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Last modified
3/8/2012 10:42:11 AM
Creation date
10/19/2005 4:48:23 PM
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DEEDS
Inst Number
92107206
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_ .,.�. ��N�. �..y..-__ �� <br /> ,�,n� -- <br /> ':�� — -.,.-.�- -- y� <br /> .�£_ � , �y,�y h�� �� ...L ' . � . ..� <br /> � ;� " " ..� -_--__-_ <br /> .. �. <br /> _� _�....�:..a.,:.rl 92— �0'7206 <br /> condemnxtion or other tdcinR of any pact of the Property.or fa cunvoywx�in lieu uf condenuwtion.iuc hcreby a�i�ned+url <br /> rtwtl bc paid to 4ender. <br /> In tha avent of u total tuking of the Property, �hc proceedx Hha�� be applied to lhe �urns�curcd by thix Socurity <br /> Instniment,whether�x not ttien due,with uny exccss paid ta Boaower. In thc cvcnt oi u p•rrtiul takin�af the Praperty in <br /> which the fuir market velue of the Property immedi�tely before thc�aking is cquul to ar g�:utcr ilun thc umount of thc�;ums <br /> _ r,ecured by thls Security Inctmment immediAtely before the taking,unle�:s Burrower end Lernleruthenviw:agrec in wri�ing. <br /> - � - ; thc sums se�.�ured by this Security Imtrumcnt shall bc reduced by thc amaunt of thc procccds multipiied bY thr following <br /> _— � fraction: (u)the total umount of the sums sccured imme�diatcly before the taking,divided by (b)Ihe fair markct value of thc <br /> M�� PmpeAy immcdiutely bcfwre the takins. Any balancc xhall bc paid to Borcower. In Ihe event uf a p:utiul tuking of the <br /> x i Propeny io which the fair market vAlue aF the Propcny immcciiately bR.forc the taking is Icss than thc wnount of the sumw <br /> I secured immediatcly before�he taking, unlexc Borrower And Lendcr�uherwixe ugree in writing��r unicx4 opplicoble law <br /> - otFwnvise provides.the procctids s�halt be upplied to the sums iecured by this Security Instrument whether or not the xumti are <br /> - -- � then Jue. <br /> -- �f the property is abandoned by Borruwrr,ur if,aRer notice by Lender ta Burrower that the cundemnor offerx to muke <br /> on eward or settle a claim for damage,,Barrower fuils io retipond ta Lender wi�hin:;0 d�ys after the date the notice is given, <br /> Lender is authorized to collect and npply the proceeds.ut it�opion,either to restwation ar repair of�he Property or to the <br /> — sums secured by this Security Instrumenl,whether or not then due. <br /> Unless Lender and Bortower otherwise ugree in writing, any application of praeeds ta principat shall not extend or <br /> poslponc the due date of the monthly payments referted to in parag�aphx 1 and 2 c►r chunge the amount of such paymems. <br /> - --� 11. Borrower Not Iteleased: Forbes�rAnce By Lender Not w Waiver. Extei�sion of the time for payment or <br />_-_ __ ~ �� malification of amortization of the sums securcd by thi4 Security In�tn�ment granted by Lender w uny succesxor m interest <br /> ��Tr�-�- of Borrower sh�ll nM operate to releatie the liabili�y of the originul Borrower or Horrower�s succe�sors in interest. Lender <br /> shull not be reyuired ta cammence praceedings ag�inst any succensor in intere�t or refuse to eatend time for payment or <br /> - ' �" ���k otherwise modify wnonization of the Kums scrured by this Sccurity lnstrument by rea,on of siny demz�nd made by the original <br /> . o�,�,��� .��.:,, :.� <br /> � � Borrower or Borcower's succeasor�in interest. Any forbenrance by Lender in exercising any right or remedy shall not be a <br /> wuiver of or preclude the exercise of ony right or remedy. <br /> � 1Z. Successors and Assigns Bound:Jolnt and Several l.iabillty;Co-stgners. 7'he covenant�and agreements of this <br /> -_ „ Security Instrument shall bind and benefit the successon und assigng of 4ender and Borrowe�,subject to the provisionti of <br />
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