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<br /> �yme�m�y r�a lm�or be napeired. M tlie a�Mion of La�der.it muit�+i/e lowia�oe cover+ye(ia��a�oupl aed for the parial ��� �
<br /> thq laal� Ip4�)P�'�'��►Y�i"�+PP��b!►I�+����wilaWe ad b o�btt'�ed.Bonawis dall�y
<br /> � the pro�dtuu�e�eqo�rod a�u►wl�e iaw�ae td el�fect.or a povide.Io�raietve,wKu the�Mmaal for s�o � .s�'
<br /> �oe ad�h a000id�oe��rq!aeitlen�teea�ie�t 6e�Mein 8arow�er rd L�ender oT+pplk*ble Unv.
<br /> — � !�i�edM.Leodar ar ia�+eqt �nq►mdco rewonrbb aittia upon wd lu�ectlau of the Pmpaty.[�drt�pri s1w
<br /> Sotrsrra nodoe�t tl�e tlme of dtptinrto an i�eoaoa�eaA���e�o au.e r«.u�e�bn. .
<br /> 1�.C�■rlbs.The prooa�ed+ ot arry t�d ot cUdm for d�a. diiat or oo�aoquaRiMi� ia ooaaealoa w(di aqy .
<br /> aondmrrtloa a od�er W�i�of aay itMt of tbe Propaty.or tar ooavayrauoe io Ileu ot aoodaau�don�aro benby�ipied a�d ��
<br /> _.. __.,..�..._..___._..._.._._,... �1 bapAW to I.eu�iea �-
<br /> Ia tbe aveM ot'a toW tddn�of the Prope�y,d�e pnaeedo�luill be appliad to the wm��oarod by thi�Seauity�umeat. „
<br /> wbati�er or not dbn duo.wlth�y oxo�s pid w Barnow�er.ln the event aP a paKi�l Wde�of the Prope�ty in which the fidr
<br /> aurlcet v�lue of tha Propaty i��Ee�4re 1b tdciag i�uqud W or�miter dya tho�moum oP the anw ioev�od by tl�
<br /> Secu�ity Ir�tarrrcM inanedi�tei�r hefoar tfie atio�.volaa Bo�owor�ad I.eader a�6eTwiso+�roe in writin�.�ho wrap�xurod hy
<br /> lbis 5eadty Irutnuaait shv11 be rednood b�r the a�ooum of the P�'a'om�o�plied bY tde folbwin� f�xion: (�) the toal
<br /> �umunt of tfa wms cecured imovediwtel!►bot'a�a the takin�,dlvldad�r (b�the�'a3c murlcd vat�ae af�he Propa�ty immodLtdy
<br /> bdom tAe ukina. My �lance ahall be pid w Borrower. In the eveM of a p�ti�l t�L�of tho Propaty ia which tbo f�ir
<br /> m�rlcet value of Ihe propaty imm�edi�dY befa�e tha t�kin�i�Iw th�n Ua ao�ouat of We wims securad iminediueJy befaro the
<br /> - � t�kin8�uMa�Batnw�er and l�der othervvl�o�nee in writing or oolecs�pplicalae lair athawi�e pcovida.tlie prooeeds tbd!
<br /> � - ba�ppUed w the aum�ocmod by Uns SeauitY lasnument whether or not�he wms aro then�e.
<br /> If il�e ProO�+b u dwWoned by Aoqower.or if.afler notioa by Lender w Banow�er t6�t We oondem�or offas w mdoe ao
<br /> - - - - �ward or uuk�claim tor d�m�es..�or�ower fails to t�espond w l.ader withia 30 days aRer�he d�ta�he ndice ia�ivea,
<br />_� ._—� l�ender i�aurhorizod to oollect md�l u�:�.►moeals.a1 lts option.e�Aer to teuo�atio�or rcpai�of the P�opaty ar to tbe p�aon
<br /> �epued by tdis Scwrlty Inr,teiaulbnt;w�iei�et or aot t�a4+Cw�e.
<br /> ' Unless l.ender md 8�cmwer otltavai�e �g� in writing. any appliaUion of pr000eds to principat siWl aot oxteod or
<br /> �: �po�tpone the due dau of tBe nw�thly pey�rtr+eais referned to in para�raphs 1 and 2 or ctwngc the amount of such payments.
<br /> . ,r�� ' � ' 11.Bomnwer Not Reteatedi Far4�es+r�nce By l.ender Not a Wdver.Sxtenaian of the time for paymau or modiflatidu
<br /> - — ""-.'t'' ,�of amo�i�tion of the wma secured by ih is Socudty Instrument granted by Lender to pny suc�xssor in Intercst of Borrowu ch�ll
<br />- � ".aat o�er�te to nlease the liability of thc original Borrower or Borrower's suaxssors an intercst. Lender shWl not be roquirod w
<br />-- ---- eomnienoe procxediags again�t any sucxssor in interost or retLse to extend time for pajrment or othe�wlse modify amortiYatloa
<br /> -- of ti�e sums cecurod by this Security Inswment by rca.gon of any denwnd made �y the origi�l Bortower or Bormwu'�
<br />_ suooeswra in;noenest.My forbea►Ance by Lcnder in exercising any�ight or reni�tly�iwll not bo a waiver ot or proclude tbe�
<br /> _� - __
<br /> .r exacise of an,y�ight or amedy. � �
<br />_.� �ry . • Iz. suooescor�aa+l As�s Baandt doint �d Seve�l Liobiiiiyi Co-�s. covenanls and a�rooments s
<br />;;:, �'S�� 5c�curity Inswment shal� binui s�nd benetit the successc+rs and assigns of Lender a�xl Rorrower, subJecc ta�th� Qmvlsions o[
<br /> _ ;,°, ' ,patag�ph 17. Bomower's�oo�vepants and agreements slwll be joint and several, A�y Borrowu whv cd-aisns this Securicy
<br />_�"" ' • Ynsaumrnc but daes not exr.cute the Ndt�:fa) is co-signing this Secu�ity instrumena only to��tg�ge. grant and canvey that
<br /> �^�`�°' Bomnwer's inte�st in tt�c Pr�aperty under the terms of this Sccu�ity Instrument;(b)is not persoi�a�ly obligated to pay thc sumr
<br /> sxured by thla Savrity lo�stn�ment;and(c)agrees that,ixnder and any other Bamower may agroe to eatend.modify.forbear or
<br /> '�� nwka any acrnmmodations w�ih regerd to the terms of this Security Instn�ment or the Nuta without that Borrower's consent.
<br />,� 13.I.oan Chprges.:➢V the loan secured by this Security Instrument is subject ta a law which sets maximum loan chu�es.
<br />'.._� ond thet law is finally intetpreted so thet the interest or other Ioan charges rnllected or to be rnllxted in co�moation wlth the
<br /> -.� Ioan excood Itr;�ipemtitted limits,then:�a)any such loan charge shall be roduced by the amount neoessary to roducx 1he chuge
<br /> _ "';�, � to the permined limlt:ao�d(b)any sums alrcs�dy rnllected from Borrower ahich exceeded permitted limits wjll be afunded to
<br /> Ibrmwer. Lender may choose to make this refund by reducing the principal owed under the Note or by making a dirxt
<br /> payment to Borrower. If a refund reduoes principal. the reduction will be treated as A partial prepayment without any
<br />- '� �� prepayment charge under the Note.
<br /> ;r. 14.Notice9.Any noticc to BoRaucr provided for in this Securi�y Inurument sh�ll be given by delivering it or by mailing
<br /> �'�'�' ` it by flrst class mail unless applicable luw requires use of another methud.The notice shall be directed to the Property Address
<br /> � ; �._,';�:,.':
<br /> _ �,t����'°. �• . ar uny other nddress Borrower designates by notice to Lender. Any nwice to l.ender shall t+e given by first class m�l to
<br />_ • ,.. :,:N. .:, Lender's eddress stated hertin nr any wher address Ltader desigrw�es by notice �o Borrower. Any notice provided for in tt�is
<br />-�f, --���j� •�•� : Security lnstrument shall be deemed to have boen given to Borrowcr or Lender when given as provided in this p�ragraph.
<br /> '� ,'�+•i�M 1S,Goveraing Law; Severabilky. This Secu�it}• lnstruo�cni sfiall be gnverned by federnl law and the law of tl�e
<br /> '�"•::•'
<br /> -_� �:;: .s:•: j u r i s d i c t i o n i n w h i c h t h e P ro p e r t y i s l a c a t e d. I n t h e ev e m t h a t nn y p rovis io n o r clu u s e o f t h is S e c u ri t y I ns t r u m e n t o r t h e N o t�
<br /> '=� ��; �';;:�_. ; rnnflicts with applicable law, such mnflict shull not at'F�ect ather provisions of this Se�:urity Instrument or the Notc wliich can be
<br />__ � ti� '.�..' given effect witMwt the canflieting proviqion. To Ihi,end the pmvisions of�his Security Instrument und the Note nre declared
<br /> - •...,. .
<br /> y,,v'•, W be severabie.
<br /> ` � �r ��'t li14�,y 16.Borrower's Copy.Borrower sh�ll 6e given one rnnfurnu�copy uf the Na�wid of thi,Security Insuument.
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