y ���'..� '+ �� '.� .� ' .. � ' . y - -
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<br /> � � aoadem�lo�o�a�or�ak�a'wr wK d th.r�opo�a,ar aa ao�.vaymo.a liw a�loa.+�.b«�►.�ip�ee.m . � .
<br /> � �M11 be p�id ro i.enel�r. . . �
<br /> is d�e:avait at a �oql �y a�tbe Pro{w�y. th!p�oe�sh�u be �pptiee w dM waa..ec+r�.d by d� S�cutity
<br /> , Iqd�oaaK'w�hwMee ar not tbeq.dwa.wlth rny�cow p�id to Barowa. tn tbo eriaat d a prtW akinR o�tbs�ety in . ..
<br /> �rhiCd d10 hir plwicet valpe ot�e Aopmty immediMbly b�ePoro the t�kinj u eqwl b ar�nr d��Ihe Mnow�t d MMas
<br /> �ecuued by dds Secwiry Latnunau imme�ia��ty b�o�fa�e tlie pJclo�unbw Borrower�ad l.ader alhWwire�poe in��tiBc�, .
<br /> --- '�e waa�ecu�ed by d�Se�tY Lwaw�n[�afi be tedooed by d�e arnmat af the poceedt�by tbe ioiio�rL�
<br />-�._�_r��____�.�r-r--,-��, ftactian: (a)tbe tntai�nwwtt M the wa�s�ec�u�ed immedi�tely beforo the hlcin��dlvWed by(b)thc fik m�ricat vaWs of tbe
<br /> prope�ty immediMaly batao trio hkL�. My bat�noe dtdl bo p�id to Bomowsr: In the evmt af s p�ttW�of the
<br /> — Piopeity ie wbich tfie fair nwrket value of the Property immedi�tely betae d�e Wdng b lw Ilw►Ne amount oP wnu
<br /> �ecurod immediuely beforo the t�icing. unlesa Barowcr u�d Lender mhervvl�e agroe in wdtin�or unku�pplk�bk I�w
<br /> otherwice provide�.lbe pmcaed�WuU bo applkd to the wm��ecurod by thi�Saudty IMtrumem vuhetlier or not tbe wm�ue
<br /> tf�on due.
<br /> If�he Pirope�ty Is A6�ndamd blr Bonuwer.or if.�fler�oNca by Leoder to Bo�rower thu the condemnor affero to mNuo �
<br /> �n aw�d a�ettb a cl�m far dant�e�.Bonowv fails to reapond to L�ender wid�in 30 d�yc oftcr the d�te thc natjoa is pven.
<br /> I.a�der is auWorinod w cdkct�nd apply�ho procbeds.at ks ap8on.eW�er to tertar�tion or�ep�ir of tUe Pnoperty ar w qa
<br />•.�. auns aa.�ured iry�his SecuritY Iostn�cnt,wt�ar aot then due.
<br />= -- Unlcsec 1.endet�atd A�rowor oU�erwisc aRree M writing,any appticatiat�of procroeda to priocipal shdl pot extead or
<br />-=- = po�tpooe thr due data af tha mo�athlY pnYmetua refemed 1a in�a�aphs!and 2 ar chwnge the w�ount of'such p�yma�ts.
<br /> �--_:.� 11. Barrower Nat Relesud; Rorba'ranoe By Leader' Not A Wdver. Ezunsbn of tho timo for paymau or �
<br />-- �'�""� madtficatlon of emani•rueiaa oi�i�a suma secwed by this Security Insaument granced by Lender ta any succc�sur jn interest, � �
<br /> - --="«r��s� a�Homnwcr chafl not apemte w release tbe liability af the original Borrower or�awerb successwa in intciec�l�etKlet ' !
<br /> -° __-- ,�hatE not i�e m�uGrt!io cs,�u�.�ncc praccedfnge against a�y successor ia inter.::t r.r rflu:e m e,-cend time fen paymeQt m •
<br /> _ .M� `dherwlse n►artit'y amatization of the sums secured by lhis 3ecurity I�nsuument hx�eason af any tkmwid mwde by d�e ori$inal
<br /> mat
<br /> - „e�iirr���; . •� Aarrower ar Boirnwer�i aaccessors i�interest. My forbearance by L.ender i�exec�cisiny rmy dght or remedy shnlll�wt be a
<br />_��:::;jr�i:.� , , waives of or prcclude the exe rcise of any right or rcmedy.
<br />:�°""'r'�� • 12. Suooesso�oad As.vi�ne Bound;Jdnt aa�Sereral Llabllityi Co-sig�era. 7'he covenants and agnE.�a++ents of thfs
<br /> ---�--.—.,� , Security Nstnunent shell bir�d and benefit the succe��ars and essigns oP Lendor ue�d 8omnwer.subjqct to tOt�pruvisions of ,�±
<br />-. -- ---� parag�ph 17.Borrowerk covcnunts�! agreements shall be joint and several. My Borrower whn¢asigns ii�ia Sccurlty '
<br />� --t:�� Insaument but doea�at exxute the N��t�: (a)is cas�gning this Securisy lnshument only to rpai[guge,'g�i and corrvoy that �
<br /> - =-- BornowerS�intercst in the Prope�ty unde�i�e terms of tP+iA Secudty lo,¢rumen� (b)ia rwt potsonally obligated to pay the sumx �
<br /> --- -- _ -- - secwed by this Securiry Inswmcmt;and�c)agrees tN:�e�.ender and uny otl�er 8o,rower may�gree c�exte�.modify,forbear �;'
<br />""� or malce any acconutwdationc with tegard to the tetms of thia Seeupty Ir�.vtruniestit or the Nuie withaut �hAa 8otmwerti . ;, � '' .
<br /> ca�sen�
<br /> ��� - - 13. Low�Char�. If the loan �cured by this Security Instrument is Fubjec� to a luw which se�x m�ueimum loun
<br />_�:.: .- - che�rges.ami ilwt iuw iti t[uaii� 4it�ret���a that the inter�st or�r�charg:.s�o�lc�d o:ta bc co!lcct�!:n r�ciitm
<br /> with the loan eacced the permiued.limi�s,ihen: (a)any such lonn ch�urge shalf 6e reduced by the wnount necessary to reduce . .
<br /> ,r �,t the charge to ihe permitted limi�and(b)any sums nlr+eady collected from Bonower which caceeded pemtitted limits w111 be
<br />�",, � ,r;:, rcfunded to Borrnwer. irende�muy chaose to make this refund by reducing the priacipel owed under�he Nota or by making a
<br /> = direct payment to Borrower. If a�fund neduces principal.the redaction wil!be treated a.g a partial p►rpayment without any
<br /> ' ��'�;�' . prepaymcnt charge under thc Note.
<br /> °"''"�'�•�� �"-0>�. 14. Notkea My notice�o Borrower provided for in Ihi�Security Instrument shall be given by dclivering it or by
<br /> .:._ ..
<br /> ��-�� mailing it by first clsiss mail unless applicnble luw require�u.r•e of unother methal.The notice shull be directed to the Property
<br />; �r �'t Address or any aher uddretis Bornower designntes by notice�o I.ender. Any notice to Lender shall be given by�rst class
<br /> muil to Lender's uddrcss s�ated herein or any other ndJrerx Lender designutes by notice to Bomnwer. Any notice provided for
<br /> - , in ttiis Security Inst�umem shall be deemed to huve bcen given �o Borrower or L�:nder when given as provided in this
<br /> `• ,��ii;��,;, ,. �- �Governing Lww; Severabillty. This Security Instn�ment ,hall be govemed by federnl law nnd the law of the
<br /> :"���•�,;�•��, v+���' jurisdiction in which�he Prapeny is lacated. In�he�vent thut uny provitiion or clnuse of thin Security Instn�ment or the Note
<br /> -�,:•,;t,. ��;.�r;.rr. � conflic[s wfth applicable law.such canflict shull not nffect other provisions uf thi�Sc�:urity Instrument or the Note which csu�
<br /> �.,i': • be given effect without the conllicting provision. 'li� Ihis enJ the pmvisiom of tQ�is Security Inswment and the Note are
<br /> .J� .k .�
<br /> ��•.`��.�..,. ,.
<br /> ,.,�,;::,;..• ..�n _ deelarcd to be severnble.
<br /> �� °� •� ���� 16. Borrower'aCopy. Borrower.holl t�e given one canformed cnpy of thf Note and of this Security Ins�ru�rnent.
<br /> ''`�� � "� � 17. 'llr�nsfer otlhe Property or a Beneticfal lnterest in B��o�►•er. If ufl or any part of�he Praperty or urry interesl in
<br /> ;���' .� .
<br /> �;:t)"ss,�. .: it is sold or transfeRed(or if u beneficiul interczt in Bamwcr i.xald or transferred und Bormwcr ir not u nalurnl person)
<br /> �` • H��:-�'� without Lender's prior wrinen consent,Lender muy,u�i�s i��ion,reyuirr immedi�ue puyment in full of ull wms secured by
<br /> �'i .
<br />�:,� ,���,y�:� i,,,:;���f�; this Security Instroment. However,this optbn tihall nw be exe�cis�d by Lender iF exrrcise ix pmhibited by i'�deral law u.g of
<br /> r �' �;;,w'�%,:.r.S;��,. the date of this Securi�y Instrument.
<br /> ,�,:�: If Lender exencises this o uon,Lender sh•rll wr Borrower noa:ce uf ucccleration. The notice shull ravide n riat of
<br /> ;�, i. . :,.: •.:.1:• �ti p' 8� P Pe _
<br /> _�"� .�.:".;'>>�ti;-���
<br /> •�.,V,:,, ; � � not less thnn 30 doys from�he dute�F�rwtirr i.dclivend ur muiled��•i�hin which BurroWer mu.�puy all tiums,ecured by�his
<br />'.��,� •;,'� •. r" �s '��"'� Security lnst�ument. If Bomower fails to puy �ha� vums prior ro the expira�ion uY�his �xricxl, Lender may invoke uny
<br /> ���'� :"'��' remedies permitted by this Security Ins�rument withrnit funhcr notice ur dcmand�xa Bnrn�wrr.
<br /> _ �tYj'?�irf` "`'��'';��y t 18. Borrower's RiRht to Reinslate. It Bocr�+�ver mer�x cen�in ronditic�i�s, Butrower �hull have Ihe ri�ht to have
<br />, -_��`-��4' enforeement of ihis Securit}� Inxtrumcai diwontinuc�i.�t•rny timc prior tu�hc c�tlirr uf: Ial S d3ys(or sach aiher p�:riod a,
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