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<br /> oademnMiao a adier I�kiry{af�ny p�ut ot'Ihe P�apwly.ar fa convoy�noe in Iku M'cande�tioo,aro heroby�si�ned aad
<br /> sh�q Mo p�id to L.eader.
<br /> - - - In thc eYem at a tas�t t� cst tha Pr�'rty,tt� zhall be apglied ta tt�e SumR r�uur•d Ny thic �_
<br /> In►tMmaq. wh�tha or ow tfoa�dnc. with+u�y c�ce.s+ a Banawe� I11 tllt CYp1t pf i�filll�I Uk�ll�ot IMO P��II
<br /> - which�he fai�m�rket vdue ot the Ptoperay immodl�tely 6efac�he alcioy ic tlqual tu or�e�ter�h��he amcxint af the wms
<br /> Rocwed hy thi�Securiry lastnunetu intmodl��ely befar the uilcing.unloss&xn►wrr and l.emk�nthcrwl�o aylrco in writin�.
<br /> �ho wms socuned by �his 8ecuri�y 1nst�umeM uh�ll be rtvboed by the �moun�oi the pro�redn mulliplied by�he followln�
<br /> `-��-� fi�nion: 1�1!de toW amowt o11he wmn sccu�d immedi�tcly dcfom thc talcing.dlvided by Ibl thc fair morkW value of the --
<br /> - T�.�-�� immcdiatel befae �hc ukin An b�l�noe sh�ll bo d ta Bormwcr. [n the event d'�► �-.
<br /> - �+�Y Y 8• Y P� puti�l I�k1ng of IMo
<br /> ;; Ptoperry in which�he fifr ma�d v�lue of�hc P+opehy immodiataly boforc the W�in�is kss�han thc mnoun►of 1he sum� --
<br /> .��; socwed immediuely he�an thc taki�g,unlasa Sonowar an�l I.ender othenvise �gnee in wrning or uniccs applk�blo Iww =
<br /> = othrnwico provfde�,tho prooe�dr el�ll ba�pplled�o�he wmc socurod by U�ic Saruriry Insownent whaher c�r�at thc sumc aro -
<br /> = - U�dae. _
<br /> �• If the Pm�ehy iF abandaned by Botrowr�.or if.alter ootice by Lende�lo Bomnw�e�thpt Iha condemnor olkar ta make
<br /> _ =�� _ �n aWaid ar seple a cl�n for d�rtuges.Bomower faile��cr respood to Lender wilhin 30 days aQer eha dute ihe ncqica ic giren. �
<br /> r L.ender is wWo�iaed to collxl and apply the proc�eds,rs�its oy�wian.cither w rcuorNion or rcpair of the Prupnty or to�he
<br /> a�e sacuned b�r�Securiry Insuumrnti wheUter or aa r�l�eu d�r.
<br /> __ Unkss Lsnder a�d�lmrower whenvise agroe in w4itiag,an� applkAtion of piacade to principal shall not extend a -
<br /> --��-' poct�a�e�e due date of�@�e ea�onthlY PAYmcnts�rfened to in p�r�raphs 1 nnd 2 or ch�nge�hc amount of such paymerus. �
<br /> . -. ll. Yorr�r�xr Not pe(M�sed; Fo�b�rAn�e dy I.nder 11�a1 � Wdven F.�tensian of thc tlma far paymp�t ar
<br /> ,_`;��,: r modi�iCation d'maaortizatian ofi the r,ums socured by�is Secu�it�lns�urt�en�granted by Lender ta any sucucssar in i�ten� _
<br /> _ of Bon�a�er sl�all not opeate to rck�asc tha liability of�hc arigin�l Borrower or Bonowerk successors in intenst.Lct�der `
<br /> -_-- slull not be roquircd�o cammence proceedings against any s�accea.�ar in intercst or refuse to exte�d time for p�ayn�ent or =--
<br /> ..,�' aatne�wise modify amonization oP�he sums secured b!r this Securin lastrument bv reason d'any dema�id madr by thr origi�ul _
<br /> ;__ - f�rmwer ar Horrower�sucoessots io inte�l. Any fabea�ance by[.ende�in eaerri�in�any ri�ht ar re�oody saa01 oot be a �
<br /> �3 . :,, wainxr of or prcclude the eaem:ise of uny�igix ar rcmcdy.
<br /> '; 1Z Suooessas�wd Ass�ns Rouad;Joiut�nd Sev�f WbfUty:Co-sigadrs, �f"he eaveaaats and qgireen�nus of this
<br /> �"'
<br /> '�`;i . ,. Securiry lnstnuaent shall bind wtd bu�efN U�e succc�ssors and assigns of I.eoder and&rmnx�rr.Get►jvet to the provisiona of •
<br />-_�'��', � .';��.:., P�+B�Ph 17.B�anoa�ert rnvenants anJ agroements sha11 be joint end several. Any �ower wA+�casigns this Securiry �.''�
<br /> ` �.. _,�,; �i � Inswmrnt bun ckues na exaute the Note: (a)is co-sip�irsg lhis Security InsuumeM only eo mat�age,gr�nt and convey�hat �:._
<br /> ' : ,f.,`�h,
<br /> ��,�(� BonowerS�inte�ec�In�he Property under the tenns of this Security Instrument; (b)is no[perAa�ally obligaled lo pay the sums --
<br /> ''",. :+,���,��'� secwod by this Securiry Insuumen4 and lc)agrces that Lender and any otl�er Bmrov►cv awy agree to extad.modify,for6eu �,
<br /> :`;�,�i��i�" or make an siocnmrnodationx wilh re ard to the terms of this Secwi Insqument ar the Note wi�hout that�ionowerY �-�:'-
<br />�� . �,a�;���E • y 8 �Y •,.
<br /> ��:7�, r�. conse�u. _ -
<br /> °'..� t�4��'4��'l�;� l3. I.as��C�ea If the loun securod by this Security Insuu�nt is subject w n law which sets maximum loan �
<br /> � -'���� ��s't;{�a�' ciwrges.and tha�iaw is finaliy interpretod so ti�at the intercu or other ionn charges rnllected or to be rnlkcted in cumection --
<br /> ` '' ,+ i�l��t'�l��r�� avuh�the loan eaoeod the permitted limits.then: lu)any such loan chuge shall be roduced by the amount necessarX[�reduce
<br /> ' ��'�p%,"'w ����t:`►�y����� , ctx_„h e to the m�ittod limit;und(b)an r�ums alread collected from Bomower which excceded rmrtted limots will be
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<br /> �;rt,.y,.�,�,`# ,�,���!, re�unded to Bartawer. l.eode�nwy chaose to make this refund by reducing the principal owed uat�r the Note or by making a --
<br /> .,.,t•r-'�� k•�,� direct a rot t��Borrower. If a�fund reduces nci I.the reduction a•ill be tnakd as a aat �
<br /> .1 Y�,.�,; P Y� P� Pa P�� P�PaY�M without any
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<br /> --- ;�,;��;;�;,;�:�,;,;_.,, pnepayment char�:under[be Note. -
<br /> '� " . � t4. NWdor�. Any naice �o Bornower provided for in ihis Securit� Insaumem shall be gi�en by delivenng n ar by r
<br /> � �.'��� mailin it b first cla.gs mail unless a Iicable law uires use of another method.71�e naice shall 6e directed to�he
<br /> :,:�:� i�;��,:;:���, 8 Y PP �1 P�'opeRY
<br /> .:.;�, Add�ess or any other uddresc Borrower designsue�by notice to l.ender. Any notice to Lender shall be given by first class F?'
<br /> °�` � ' �'" '�` mail to Lenderk addrexs ct��ed herein or any other uddres�Lender designates by notice to Bomower. My notice p�ovided for �`ti`
<br /> in thls Secuwrfiay Inurument shull be deemed t�i Iwve been given w Borrow•er or Lender when given us rovided in this `'`
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<br />_'1"-'�. �����-,,; �ti•���';��;' 1S. Gw���cr�ning law;Severabflity. This Security Inswment shall 6e govemed by federul law nnd the law of the !,;,
<br />-� .,��.�,��::' .��1� �w�urescliedaan in which the Pr+apeny is lacated, In the evrn�thut any provision or clause of�his Security Instrumem or d►e Note ��-•
<br /> �'"'=d. 5;�.-�:j � � , c�ar�l7tc�:c a•aa�applicuble law,such conflict sh�ll nat nffect aher provisions of this Secu�ry Instrument or the Nme w�tr,�nc�an };:`;'.
<br />:��;�;�}s, a�,�� �y:r?`�t f���• ��,�q' tee giv¢a�et��ect wi�hout the conflic�ing provirion. To this end �he provisions of�his Securiry Instnunent and the ;tiaee arc �,�'^'.;
<br />";rt`i:;', ; �'` •�;'"-^,v,. dec�ared w��e xeverable. . ;s'�,�
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<br />__- r, � }i r 16. &�ra�esver s Copy BoROwer+hull be given one conformed c�r�of the Note and af this S�z�:urity Insuument. x�,,;
<br />�.;',;�'i'' ,�.��f�,, �F � � 11. 7bsi�Fc�of the Property or a Beneficlal lnterest In Borraw�eT. )f all or any p�rt of the Fh�openy or any interest in "'�•
<br />°_<<�G��n ;���t'�';� ;. � it is sold or aaansEerred(or if a beneficial imerest in Ban:�urr i�.c�k]�,r�ransferre�l and Borrower is not a nawral rson) , �`�:
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<br /> ;'_�`�°'' '�''`�g�h:'�: .�{M1 withou�I.encIIer's�►rior uri�erc conhent.LenJcr may,at eas c,�rinn,res�vire imrned�a:e payment in full ot'all sums secured by �~' '
<br /> ��;r ��....
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<br /> F�fi��+ _ . ,.;,.�., U�i�Secu�➢�stn�mem. �9ma.ever,thi�option xhall ncu @k eKeocise�b} Lenskr iS exetclse is prahibited by federal law as of ._�_
<br /> _,:t,'•'::,, ;�;:' �he date oi is 5ecurity Instrument. �•--
<br />. 'i).,;�'•�•ti��• - �'�`= ��' If l,�ruEe��eKercises this option,Lender�hall give B�oaer n�r:�; ��:acce)eralloa. The noa:.e shall provide u perial of ��`�._
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<br />-;.Y;�{4k . '�;'�.r,,•:' - nat lesa tCo�o z4s�cls�ys from the date�he notice ix deiivene�l��a�iled wi�hin which Sarrnwer muxt�ay all sums secured by this � -
<br /> °• � „�,;t,�:: ° • • SK:��ty Instrument. lf Borrawer fuils la a thc.r �i���c� rier to the ex irnli�n nf thi,t ��`
<br />_,�:�,r✓ '�::.. °.�yf��"'.•. • P'Y P P peric�ci. �.ender ma}• i�n voice any i�'i��.
<br /> �� r, rc�Teatlies pertnitted by Ihis Securily Instrument wi�huut t'cra�.crr nwice or demand on f:�:rnwer. �d:_
<br />"'��., *�` ;°�� o�'�"�:•. 18. Bocrrower's Rtghl to Reinstate. If Borrowrr meels rerlaito conJi�fon�, Horroa�er si�all hnve the right to have —
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<br /> �''����,; � ,��wY ': , , e�farcemen� of trtois 5ecurity Intiuumrnt discontinued ut uny�ime p��.�•- u,the eurfier of: �a>. �,ns•,nr such other period as �
<br /> �;•.: �t;,�;. �._
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