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<br /> _ -------_- - � .. � � 93- � �AS - . � ,�`r;"�
<br /> . � �� ooa�n�ian�ar�ar aad�of�ay p�t ot,he N�ape�ty,orra�oomo,►�noe ta ueu a�.00qd�u�a�.�ro b�bi►�d�ed�d . � ._�
<br /> "�Arllbe�pddw�e�►dx. � '��- :':;
<br /> � !a da e+rent at�w t�l t�k i n�a f t h e P i o p a i y. t h ap��o h d l �e�p p l i e d w�h a w m� �e a�ro d b y d�u 8 a a w i t y � .
<br /> lau�aaeat.whelher ar na thai due�whh sny exaa�p�i d w Bomnwer, �n d�a aw�t d'�putul Wdn�of thep�o�ty�
<br /> whkh Ihc fair nn�ket value oP the Propaty Gnmedl�tely bafaro tiw Id�in�is'qwl b ar�maler tluia the�nwunt of�fie wais
<br /> aoain+d by Ibi� Sawrity Ininument hnmedLlely beforo tho tdcin�.unle:s tlaonw�e�and Le�othawi�o�roe in wr1�1�. .
<br /> thc wm��curod by lhiw 3ecurlty LntnuoaW sh�ll 6e rcdua�d by�he�ra�att ot thep� mullipliedby�he tdlowin�;
<br /> ::`��".-�"`��`.—'�,� i�dam (a)dio�opil�rt�wnt of�ho cwn��ecurud Mjnediotely beFae Iho tuking.divlded by d(b)tbc fai�mmicet vAlue af�he
<br /> PropisdY imaiodi�tcly befae thc W�iny. Mr b�W�ce shdl ba paid to B�xia�re� !n the evaN ot�piutid Wtia of 160. ----
<br /> Property in which tho fdr mutcet vduo of the Pao�ty immediuely befa�e ihe t�kiny I�lesti th�n the�naum of�wm�
<br /> cecurod immal i i u e ly b a fare t h o a k G�g.u n k�s A a r ower w M f l.c n d c r a h e r w l c o a�n e c i n w d t i n� ur unlcs� a p pliaible I�w
<br /> o�l�wioo prwida.We proceoA��b�ll be applfed a tha rum�acwed by thix Sxurity tmaunknt whether ar not U�o wnu wia
<br /> tb�a�due.
<br /> /f the P+apeqy is�ba�odo�Kd by Borrowcr.or iF�fler noticc by l.ender w 8onowc�Ih�t�he ca�de�o�or oiiar�w aoW�e
<br /> �n�waN or�eute a ctdm for d�nw�es.Rormwer hiYs�o�eapood w I.eeder witAia 30 dwys aftcr tQ�e d�a d�o a�otioe ts gi+ren.
<br /> l.ader is a�WAorized w colloct aad applg the pnoaed�,at its opioa either to res�oratlon�x rep�ir ot the Pivpn�Y ut to tl�e
<br />- ar��ecund by diis SecumtY Inatn�nent.whnLerar not�thn due.
<br /> Uakss Ltnder�ad Bomower a�l�awise�rrce in wridag.�n�r applicmion oi pnxroeds�o prineippl�ll�ot e�cta�d or
<br /> pa�tpone t1�e due date of�he mauhlY P�Y�nts�efenrd to in pua�r+phs 1 und 2 or cinngc the�mount of such prymxnls.
<br />- 11. Barowcr Nat Relawed: �1a�bdruKe B I.a�der Not a Walver. �ctenslon of the time fa psymau a'
<br /> -
<br /> `° modification of ano�ti�a�of the sums securod by is Security Ipstrument Srented by Lender to ony sucoessor in intercst
<br /> ---
<br /> _ -�� af Bamon�erslrall sm�t eperete to trka�c thc lirl�ilits•�f the��igin�l I�rrowa or BarowerY cucoes�ors in intarst.
<br /> ..�----..,.�___...� sh�ll �a bc roqdrod lo comnxnce proceedings against my successor in intercst or reFuse w extend t�me far paymrnt�x �
<br /> dhenvise modify amonizetion of the suma secw+ed by this Security Inshument by aason of any demand made by the ariginal
<br /> Bonowa or Borrower's successors in inter�est. Any forbearance by Lender in exer�ising ony d�ht or remedy�Iw11 not be a
<br /> - wniver of car�v!e�clude�he exereise of any�ght o�remcdy.
<br />- 12. �woer�ors�ad Acsi�s Bownd;Jdnt�nd 3everai Li�bility;Co-si�oere. The covenants and�+oeme�as of thls
<br />= Securiry loiw.ument shall bind ond bene8t the suaessas und agsigns of L.ender r�nd Borrowe�.�ubject a the provisions of
<br />�� parAgrapb 17. Bomower�covcnanls and agrarmmt.�shall be joint und several.Any Bomnwcr who co-signs�his Security
<br />'� Insaument but cbes not exocute the Nae: (a)is cn-Qigning this Securiry Insuument only to mortgage,grant sind canvey that
<br /> Bamwer�intenst in�he Property wMer the terms of this Security In4trument; (b)is�wt persooal�y abligated to pay the aums =
<br /> ;� socured by lhis Secu�ity Insuument;und�c)Asnees that Lender pnd any other Bamwer may ag�ee to extend.modify,fotbear
<br /> �' or make �ny accommodAtbns with regaid to the te�ma of this Secudty Inst�ument or�ho Note without that Barower3�
<br /> = cancen�
<br /> , - ' l3. Loo� Clsarges. If slse loan stcarcd �y l3�+s Stcut':ty Inuromrnt ic .ub�ect to n law which sets moximum loan
<br /> � � -- — cbarges.and Ihat luw is�F nally interpreted so that trc interest or other loun char�z�callected or to be rnllectai in connecUon
<br /> �`?��4;�"�, wi�h the loan exceed the,pertnitted limils.then: (a)u;x wch loan chsuge slu►11 be ret�uced by the umount necessary to reduce E•':°;_-.
<br />:;�► �'he ch;u�ge u�1he permitted liroit;and(b)any sum:ulr�ady collected�rom Bo�rr�wer which exceeded permitted Ilmits wiU be ___.
<br />::;,,�; reiunsYed[m 8orrower. Lender muy choose to muke this tefund by reciucing�he Qx+ncipal owed under�he Note or by meking u
<br /> elirert payQ�ent to Borrower. If u refund reduces pri�cipal.the t�eduction will t�treated�.c a partiul prepayment widKwt any
<br /> - pnpayment charge under�he Nota. `-
<br /> •b= 14. Notices. Any notice to Bomuwer provldecl for in thiti Security Instrument shull be given by delivering it or by
<br /> ' a " mailing it by first cla.ss moil unless applicuble law reyuires use of unother method.'t'he ndice shall be directed to tire Rvperty __
<br /> Address or any other uddress Borrawer designutes by notice ta Lender. Any ndice to Lender shall be given by first class
<br />-C meil toLender's uddress stuted herein or any otheraddress Lende�dexignute,by notice to Borrower. Any notice provided for �'�:
<br /> in this Security Ins�rument shall l+e deemed to have been givcn to Borrowa�or Lender when given ax provkled in this �
<br /> _ ,� �`�w`
<br />-- •r ,�l_ p�€T�Ph• �--
<br /> - �' ���:= IS. Governing I.Aw; SeverabUity. 71�i4 Securi�y Ins�rument shnll be governed by tederal luw nnd the luw of the _.
<br /> ,i.{ jurisalictian in which the Property iti lacuted. In the r�•ent thut�ny pmvi�ion or clause of this Security InxtNment or the Note �;x'=•
<br />�;; cunf�ic+s wilh upplicable law,such contli�t +hul9�ot affert other prrni�inns af thic Security Inxtrument or�he Nae whirh rAn �;;.:
<br />_ ^;��;�.;a r�,:, be given eftece without 1he contlir�in�}�ravi�ian. To�his end the pTnvisionr�i�f ihis Security In�troment and the Nate are � �y,,,�.
<br />- �.�• �, dealared to be tieverable. �c =-
<br /> `Y �;a ` ' -f ' 16. Borrower's Copy. Borrower�hull be pi�en on�conformed wpy of�he 1�ote und of this Security Insan�ment. �.;.
<br />_ ��� . ,�; `e�,,- 17. 7lwnsfer of the Property or t�Beneficial➢nterest in Bor�uwer. If ull or any purt of the Propeny or any imerest in
<br /> � ��� �`�� :'•�`� •� it is sold or trunsferred lor if u beneficiul imen�w in Bormwer i.�old or trunxfrrred und Burcciwer is not a natural per�nnl -
<br /> � sy����k' .� without Lender's prior written rnnsent,Lcnder mny. ut it�option,rcyuire immediate puyment in full of all sums Kecured t�;. "_`
<br /> ., ,•,;,�;'�';'. this Security Instrument. However.this option studl na t�e exenixed by Lendcr if exercix i�prohlbitcd by Federal luw as o:f �`�'.
<br /> the date of thi�:Securi�y Instrumcnt.
<br />-,�' '°����� � If Lender exer+ci,ex this option,LenJ�r shuN g��•e Burrower notice of uccelerution. Thr noUce shull pr.�vicl�a period of
<br /> �=w
<br /> ��" `�� �; ; � •• not I�ss thun 3Q duys f�uin 9he dutc the noticr i.dalivcred or muilad wilhin which Borr�iwcr mu.t pay ull sum+aecurcd by this =w"z.
<br /> "� t� «.,' .y�i Securiry Inswment. If 8orrowcr failx to puy Ihr��,um+ prior io the expirati�m ot'thi+ prriai, Lender muy invoke any �`
<br /> %�•�:-." . '� �. remedies�+e�mitted by thix Security In,�rument wiih��ut tunher notire or dem•rnJ�m Burniwer. �_
<br /> - _----„_,_., ,. ., !8. �?orroirer's Itf�kt to Relnstate. If Hnrr��wer mer�. cenain ronditiona. Borrnwrr .h:�ll huve the riaht to havr
<br /> � rv ":r:� � enforcemen►of this Securily Instrumrnl Ji�rontinucd at any�ime pri��r�o ti►e earlirr of: lul 5 duy+Inr.uch niher period ae ��::
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