|
...� ` - �:�� � � `� �.���.:.�,
<br /> . .
<br /> . . . . . ._ . . _ . — - — = —
<br /> -'^-r---^ � - . ._ _ ._ , _. .. - -. — -,° � --- _. — , - .
<br /> +, f ' �:1 . - _ � . . t a f '� Y�i r . __
<br /> :C. ` .. � - a- p''. . ,� � ' c ' .' � `'`r. . .''
<br /> �. _ ._ . y� _.E.. ' ' .' 4' .;.__ � � . C 4.� W� E -p' :�_ z._'. . . .�...
<br /> r a, c - c� ' _ _ - _ . '" .... � �.
<br /> _ . . �'�.. _4 �. . ::f: .
<br /> � . . � • L F' � _.
<br /> ' �._ �. ' _,�
<br /> � -- 9��v�.�s N-�— r.
<br /> �t. � the prAC�eds sfisii be applied to ` `
<br /> � ��.. ; � r=���� � in Me evsnt of a total taking of the Prop��ty, W;th any � ` �
<br /> . � �� <<.-�. the sums s�cu�ed by this 5ecurit}r Instrument, whethe�or nat the� due,
<br /> � ��, � ` �� � excess paid to Borrowers. In the event of a pa►t{et t�king ot the Property, u�tless .,`.`v"° ��_
<br /> � � � • Borrowers end Lender otherwise egree is�writMg, the sum$ socured by this Security •�� 4 . . -
<br /> � ' tnstrument shatl be reduced by the amount taf the�tocesds muttiplfed bY tl�e following .. �
<br /> � '�:---s�' fraction: (a) the totai amount of the sums secured Immudi�tely bofore the taking, � � `'` � �
<br /> ,�T�-# di�ided by 1b) the fair market vatue of the Property fmmedfatoty before the taking. -
<br /> ---'_' - ---'
<br /> _. _� _. _
<br /> •- � ' �� ' - Any balan�e shaQ be paid to 8orrowers. , ,` :::;�'i'.�.
<br /> � T , . .� �.
<br /> � '`� If the Properiy is abandoned by 8orrowers, dr if, a/tor notice by Lender to . :
<br /> �~ -��:, � Borrowers that the condemnor nffe�s to make en award or settt� a claitn fo� damages, . ' s.f
<br /> � ' � `' Borrowers fail to respond to i.ender within thi�ty (30) �ieys after the det� the notice � � ;.
<br /> ` . � is given, Lende�is autMQrized to collect and apply the proceeds. �t i.ende�'s option, � ���="�=`
<br /> � . <. ` either to restore or repair the Property or to pay the sums secured by this Security � __
<br /> � .� .{,� ; Instrument, whether or nat then due. � � _,—_
<br /> � � Unless Lende� and Borrowers otherwise agree in wr[ting, a�y eRplication of `� `- ,� �
<br />:�,��� � � proceeds to principal shall not extsnd or postpone the due date of the y�ariy � ` ,� --�_
<br />- � ' `--- • •� - - payments�efened to in paragraphs 1 and 2.or cfiange the emount of such p�ym�nts. :"`:,�';; _.;: �
<br />_ f'r-------�-�l-; : � .:~.'•_6-,,.::-
<br /> � � �'� 9. 8orrowers Not Released; �orbearance by tender Not a Waiver. , ..�,�-
<br /> • ' Exte�sfan of the time for payment or modificatio�of amonization of the sums secured . ...r=�� =
<br /> • � °•-� • � � by this Secarity Instrument granted by Lender to any successor in intetest Qt __ .�•-' '���
<br /> . _�..��
<br /> � � Borrowers shali not operate to release the liability of the origlnal Borrowers ar �� ;�;�-�`
<br /> �K;'.: � � � `�'� Bo�rowe�s' successors in interest. Lender shalt not be requifed to commenca � =-
<br />' ' ` � ��-� proceedings against any successor in interest or refuse to extend ttme for payment � � _ - __-
<br /> �`' , � � or otherwise modify amortization of the sums secured by this Security Instrument by ._
<br /> reason of any demand made by the originai Borrowers or Borrowets' successars in �: ,�, ".�~�,
<br />�, : � � ' interest. Any forbearance by Lender in exercising any right or remedy shall not be : :.���
<br /> •�` �� ���% � ��_ �� a waiver of or preclude the exercise of any right or remedy. � =
<br /> F' ' � , - � 7.`.-_
<br /> � � 10. Successors and Asstgns Bound; Joint and Several Liability; Co-signers. '. �• .�:��;-
<br /> � �� The covenants and agreements of this Security Inst�ument are joint and several and �"'�.�
<br /> � � shall bind and benefit the successors and assigns of Lender and Borrowers, subject �����'�-
<br /> � � , �. . �� to the provlsions of paragra�rh 17. �
<br /> �,•; � � . . �.,'._.._
<br /> � � ' � 11. Legisiation Affecting Lender's Rights. If enactment or expiratfon of , •����
<br />
|