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<br /> oondeaoa�tioa or a�da aki�af.ay pat ot Ibe P+ope�ty,ar rar caaver.aoe m ueu of cama�oa..m 4ae�►.t�iv�od+�td
<br /> _ -- -� �t1 bc p�d to�es�ler.
<br /> Io tbe aveot of�toql tvdn�ot rhe Prope�ty. � sholl be applied to the wna �ecund by tlt�Sec�rity
<br /> InRdumau.wbdher ar not�dne.with tny exo�s to Ba�awa. !a the event of a p�rtld nkity{of tbe Propaity in
<br /> which�i�o fair maket v�lue oi die Propaty inunedi�taly belum the taicin�i:equd ta ar Qnauer tb�n�he mwum d'd�a wms
<br /> cocured by thic Savtity Mcatanrnt Ima�edi�tely bcfore�hc tdcing�unkss Borrower and I.cnder al�rnvir�e�ea ln writiq�.
<br /> _ - -- `-" 1he sum�reca�ed by thic Security instrursta�t a1w11 bc rcduad !�Y thc mtuwnt af dtc�multiplia!b�r!be to!loe�In�
<br /> ,.< ��,,.—---- -, Ganlon: (a)d�c wW smount of the suma sxu�od immodiwloly hefarta thc Iaking.divlded by(b)the fair m�rket v�lue oithe
<br /> _ - Pmperty immodi�tely beforo thc tpking. My b�l�noe�hdl bo p�id w Rarower. [n Ihe avrnt of a padd oi tho
<br /> '= Pnuporty in which tho fair miuicct v�lua of�he PropeRy immodi�kly beforo tha uking i�less th�n the unount of wma
<br />�_-, securod im�aedWcly b�fa�e the taking,unkss Bonower and I.epder olMarwiwe�greo in writing or unlesc appliaiblo I�w
<br /> -= WMwise parWes,d�e pr�ceedc shdl bo applied to�Ae cudw exurcd b�r Wia Socwity�os�onumient whdher or iwt the�umt ue
<br /> -- tl�ea due.
<br /> 1f�he Propnty ie abandoncd by Bor�nower.or iL aRer norice by Lender�o Baruwer 11ait�he candemnor offe�a to m�ke
<br />---•- -- an awa�d o�senle a claim for drmagcs.Baeower fail.c w respond�o Lender within 30 d�ys�fter t6re dato the nolice ls�iven.
<br /> - I.e:nder i:au�oriud w colfect and apply tbc pr000eds.�t i�s apao.aitlier to restontioa or�a�c vt'Ihe Propect�r or w Ihe
<br /> swns secwed by this S�curity lnstrument�whether or tiot d�en due.
<br /> - Wdess Lender aad Borrower othenvise agnee in �r�tuag,any j�I�11011 Qf Q�0(,'OOd.4 f0�MIC�pAI SIW�I OOR CI�fClld af
<br /> _ . postpo�o tUe due date of the manthly payments rofemed M in parag�s!�nd 2 or change tbe amouaa of sucb paryments.
<br /> -..� �1.�er Not Relesw�d: For6annoe By Leader Nat u WWver. Fa��sion ot 'rh3 dmc for payment ar
<br /> ,� madificatiwa�uK'�of�he sums seeurod by�his securiry 1n�aumen�gran�ecl by�i�any sucassoc in inu�
<br /> ::�±� o f&x i�eµ�x s?�m 4 1 1 o►�t o P e c'+re to rckase the liabiili ty ai the ari ginal Bormwer ar L�orrkower8 gucaesson:in interest.L,ender
<br /> - — - i�nall not be aet�bl�+ad'tv cx,Y�mcnce proceedieRs altsir�s�aAy succes.sor in intereec ar»e$5use to catend dme f��+ayment or
<br /> � �ntherv►�ise mod�i�'ry amorti�azaon of the suma secured by��hi.;Security Instrument by oe;��n af any demand mAde b�r ehe ong�aal
<br /> • B.xrower nr 3orrowerh succes.sars in int�er�est. My fnrt�earance by l,erder in excrci��e►�m�y rigtrt'Ar nernedy sball not be a
<br />`��:�;_ � `wairer otor preclude the exercise of any right or nemedy.
<br />..;;,:.- 12.Suarscors nad AssiRns Bouad;Joiat�d Several Li�bUity;Co•signers. 7he coV�anr;and a$t�rtxnts of this
<br /> � Security Insstroment shall bind and benefit the succosx��<and assigns of I.ender and Bortower,s��bject to thu�nr.�vlsia►s of
<br />-h,•,'� parag�ph 17,Borrower�a covenunts und agreements �fi�ll be joint and several. Any Borrowea µ•�ho casi8n:s yh��Security -
<br /> Insaument twt daes not execute�he Nae: la)is co-si�a»ng this Securiry Inswment only to mo�tg�ge.g�nt an�A�:rnvay Ihat
<br /> '����� ',�,. ' ' Bwrowuk inlcrest in the Propeny under the terms of this Security In.ouument; (b)is not pc�sor+�6ly obligated to pay�he swtiF� ,-
<br />````. '�' . �---., ` secwed by this Securiry Insnument:and(c)agrces�hat Lende��nd are�wher Bormwer may ag�e ta cxtend.modify.forbeaa
<br /> - or make ony accommodAtionc wi�h regard to the tenas of this Se�:urity Insquqoent or the Nate wltlaut that Bomnwer� .
<br /> - consent. . -
<br /> '_ �'� 13.I.ot� Cbarg�, (f�he loan secured by this 5ecu�ity Tnstrument is Hub;tect W a law which sets ma�timuro loan
<br /> -�' �f�•.. .. , . � . charges.and d�at iaw ia finaliy inte�p�eted so[h�the inrcres�o�di�e�ioan ciwrgas c vlkxted or i�t�aolieci�u i.-.�connecdan •
<br /> `�'' " ' r1� ' with the loan exceed the permitted limits,Uten: (a)any such loan ch�e ahull be reduced by the annaunt neeessary to rcduce ' _
<br /> .a '!,i��f:1�'c�;�+^j;�:,
<br /> �F';��;� '� �he chnrg¢to�he pertnined limi4�d lb)t�ny sums already collected anrm Bomower which excertk d�exm3ated IimHs wNl be
<br /> �s�;_� ;; , � , � �ef�nded to Borrower. L.ender moy choose to make this refund by►ec3ucing the prfncipal owed u�rcbea tfie Noze or by maka�g s�
<br /> _�:� dircct payment to Bornower. If u refund�+educes principa{.the reductinn will be aeated as a paRinl prapayt�ent wi�t any
<br /> -- �,�•.±;. prepaymettt chnrge under the Nae. -
<br /> ��. �u�� 14. Notk�es. My notice �o Borrower provided f+�r in�his Security lastrument shall be given by del�«sia�r it or•�y
<br />'� � mailing it by first rlass mail unless opplicable Inw reyuines use af arn�tJ�r method.'[he notice shall be directed to the Property
<br />-_ � :�_�r, ' ' pddre�.g or any other nddress Borrower designntes by notice ta i.caat:a. Any notice to Lender shall be given by 6rst closs
<br /> ,� ;r,-4 �.,=.,;_,�, mail to Lender's address stated herein or uny other nddn�ss Lend�r ds:si�nates by notfce to Bomower. Any notice provided for
<br /> -�� :,� ,, in �his Security Inu�ument shall be deemed w huve beeo given to Borrower ur �.�nder when given ws provided in�his _
<br /> w ��,•'��7 ��15 Gorerning Law;Severabillty. This Securiry Instrument �hnll be ���.cmed by fedeml Inw and the low of the
<br />�-�� R " jurisdiction in which d�e Propetty is locuted. In�he event that iuiy provision or clause of this 5ecudty Instrument or Ihe Note
<br />,yT`� �i�'��:;" conflicts with upplicable luw,such con0ict shnll na af't'ect other provisions of this Security Instrumant or the Nate which can
<br /> � •' �'���'�`� be given effect wi�hom the rnnflicting provision. Ta�hix end the provisions of�his Security ln+zrument and ihe Note ora
<br /> . ''°, � ,t;.l
<br />-�.,; -� `f declrr�ed lo be severable.
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<br />_ !��•�" . . 1G. Borrower's Copy. Bomnwer shull be given oei�canfarmed rnpy of�he'���ec and of'this Security Inatcummt.
<br /> R. ��;. 17.7Yansfer of the Property or a HeneticWl lnterest in Borrower. If bIG y�r any part of the Propeny or cu�y interest in
<br /> �' �'� it is sold ar Imn�ferred(or if u beneficinl interest in Borrower ix xr+"d ar transfer�d and Borrower is not a nntural persoN
<br /> ��} , ..�:<�'n'�.. .. without l.ender's prior written consent,L�nder may,nt its option.�ti�e:in immediute pnyment in full of all sums securod by
<br /> �` - this Security Msavment. However,this opion shvll nat be exereised by Ixndcr if exen;ise is prohibited by federal law a�06
<br /> _ ';ar,�,,.,� �hedateof this Security Instrumem.
<br /> If Lender exeirises this option,Lender sholl give Borrower notice of accelemtion. The notice shall provide a periad of _
<br /> •'��-•,s� - "�P`�C�`�' not le�s tdon 30 duys from�he dute the notK�:is delivered o�muiled within which Borrower must pay all sums securcd by this
<br /> �;,. :
<br /> r-="`" '%"' ' '�'• `�''-•�� � Securit Ins�mment. If Borrower fail. to puy�he�e sums pri�x Io �he expirution uf this period, lxnder may invoko w�y ' -`
<br />�:+�:; . : +,;`+�� . �v�;��a: Y :e
<br />:Z� � � 1�,��,'�;F!„� �emedies permined by�his Securiry h�:truanent without further nuu�e or demand on Bomowcr.
<br />_,,�. .• ;n���?4 i�"�y • • 1 8. B o r r ow e r's R i�ht to Reinswte. If Bamawer mee�s crnain cunditiuns. Bortower xhall hnve thc ai ght to huve _
<br /> ��• �r�y;�� enforcement of thia Secudry Instrun�m diuuminu��t:�t any time priar�o the rurlier oE (a1 S duy�(or such othcr period as =
<br /> ����t ~��'�.`%rr��yj Sin�k Famfly-•Floaak M�e/Fraldie Nae UNIF'WtM INb7RUMB;V7'-•Unifam Coven�au 1A0 !/wRe�eqe ppqes► —
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