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<br /> cmUs�tb�ar aMr nWq�af�qy prt a/IM Ra@�tW.oe tar aanw,��ao�io IMu doo�dNUnrtloa��n tw�Y wipw�d�1 '
<br /> �4aU bm p�W to l.e�der. ,
<br /> 1� dM w�n,t af�taud IAkia� o�tIM NropKty�t!N �b�ll b�pplMd w IN wm� wcuied by d�h aeourity
<br /> IaqnMp�p�.wlMther pr nat tla�due�wfth any excaw lo Baruwu. la IIM bvem ot�p�utlu I�kin�of 1haP�opt�ty In �
<br /> ' whkb tM trr qt��ke1 v�lue af Iha Plop�ny immedl�toly bofotv tho I�lcina i�oqu�l to ar�tor tlum�Ne�mouM oi 1he wnu
<br /> � Mcwrd by dil�Saaudty lo�p�ane�t immedl�uoly bofaro Iho udcin�,uok�r Boimwer u�d Lender a�herwi�a�oe in wrltin�.
<br /> tNe wRU securod by 1hi�Socwity Ia�w�nent�ull be roduoad by the�maunt of the p�oceod�mupiplled bv dia fdlowin�
<br /> (fr�clion: (�)Ihe toul amoum of the wtm Recurcd lmmedi�talq bataro Ihe t�ing,divl�ied by(b)Ihe fiir muicet value of the
<br /> �-`��°'- Property bnmedl�tely befao tho uikin�. My h�l�we�hwll be pwid w B�owor. In �bo evetu of A pwiiwl twkln of Iho
<br /> P�oparty in which tke fdr nwrlca v�lue of Ihe Proporly inm�edi�toly before the t�lrin� M lec�th�the�mount of� wm�
<br /> - , �ecurod imnbdlately befae�ho Wcing. unleu� Borrower md Lender alhcrwi�a a�reo in wrlttng or uole�a �pplic�Me uw
<br /> - - _' adKrwiso provldw,the proceedt�11 bo yrplkd to the aum�secwed by thic Secudty Inomwnant whether or not the aam aa
<br /> thon duo.
<br /> . iP the PropeAy ir abendoned by Bomnwcr.or if.pRer naice by Lendcr to Bomower Ihat the candamnor affers to nuke
<br /> —_ an rward or cettlo a claim far dun��er,Bonawe�fafls to respond to Lender within 30 days after the dato tha notice Is glvan.
<br /> -� ' L�ender IR aulhoriud to collect and apply�ho pracoeds,At its opcioa.eithar to re�oruion or repsir ot tho PtopcRy or eo Ihe
<br /> � amu secwed by t6is 3ecurity Insuumen�wtktlrcr or nd tM�duc.
<br /> I Uniess Lender�nd Bmmwer oU�etvrise ag�ee in writing.any application of praceedc to pnincip�l shall not eatend or
<br /> _- postpono the due dwte of tho ma�dd�r Qaymeata refen�od w in�raphs 1 and 2 or change dw miwunt of such paymuus.
<br /> - 11. Baro�wer Nal R�leased: Fbrbau�are By l.teder Not a Wafvec Fattereian of tho �jme fa payment or
<br /> =- � modificatian of�tization of the swns secw�ed by this Secucity Instrument granted by Le�der to nny successor in interest
<br /> of 8aaawer slu�ll not operate to�lease the liability af the arigintdl Bomuwer or Barower�successors in intenes�l.ender
<br /> -- � shall riot b:,rcyuircd ta cw�m�crsca pra�ecdings aga�nst nrt1• succeseor in inte�eat vr refase to exse�tlnte for paymes�or
<br /> _ _ _ _-
<br /> �,; otFarwlse modify nnwrtlzation of the sums secwet!by lhix Se¢u�ity Ipstrument by reoson of any demand made by thc original
<br /> �,�;� , � Bonawa or BorKawer�s successors in intenest. Any farbearanre by Lende�in exercising any right'ur�eii�edy shall not.be a . �
<br /> ,,,.4�., ' d' s. wai��er af or preclude the exercise of any righl ar remedY•
<br />;�7��'.'�x:t F;; � 3�. Saccessors aad Ass�as Baund;Jniaet�nd Sever�0�.9abllUy;Co-signers. 117�e covenants and agrcamc�s af�his
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<br /> ��.w i Securi ry fnsuument shall bind cu�d beneflt�he successors�an�assigna of d.ender and BQ�nowet.sw6ject ta�he provlsions of ;
<br /> '.:.,� ��_;! pera grA�t� I2. Bormaer�covenants and u�reements shall be joint and sevtral.My Bortowcr who ca-signs this Secu�ity
<br /> . �'� : Instruot�etlt bu/d�:cs noc execute the Note: (aD is co-signing thls Secud�y lr�szrument only to mrniga�e.grunt and convey that
<br />`;��}., Y �; . � Bortawer's intemst ln the Property under the terms of this Securfty Instnimcnu (b)is nnt per�onally obli�;uted to pay the sums ,
<br /> -;�:s_ ,�; i' �� ; secured by this Secudty Insuumenr,end(c)agrees that Le�der and any ather Borrower may agree to extend,madify,forbear
<br />�'��; jn'�'�� � ar make any accommodAtionc with regard to thc terms of chis Securfty Inswmeat o�tfia No1e withoy�t dwt Bomower's
<br />;<.';y, : conscn�
<br />_���:;>��, 13. I.oan Chsu�ea If 1he loan secured by Ihis Security� lnstrument is subject to a law which sets maximum loen •�
<br /> °:.•"- cl�argts.a�d tt�a;lau 1s finafly inirprtsc�sr.st�at ttt=iaser:s!u:�'.:er}oan cha��ges za!lettes!us!o�c:n!!ecl�si In cenr.e��n�
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<br />�'��`�'': F '"���� ' w•i�t7i t0ae loan exceed the rmitted limlts,lfien: (Al tu� quch loun char e shall be reduced b thc amouni r�eces to reduce '
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<br /> � �"r����;�'�•' the eharqe to the permiued limit:nnd(b)uny sums�lreead!+callected from Borrower which exceeded permitted limitr will be
<br /> .'��v,�r��.S.�l�.
<br /> •.��;; �' .• a � �y refund e d to Borrower. Lender muy choose to make tP�is refun�by reducing the principnl owed under the Note or by mulcing a
<br /> :• '. :;' • .�; diroct payment ta Borrower. If a refund reduces principnl.the reduction will be lreuted us u pcutlul prepayment without eny
<br /> . ',�q',.,,, ;;�`;; p�payment charge under the Note.
<br />, ;��� ��;N;: , �. 14. Notices. My notice to Borrower provided for in this Security Instrument shall bc given by dclivering it or by
<br /> mailing it by tirct class mnil unless applicnble Inw requires uhe of anothcr method.The notice shall be directed to the PropeRy
<br />.� � Addoess or any other nddress Bortower designates by notice to Lender. Any naice to Lender shull be given by first class
<br />• __ ,.. I ma?I to Lender�s address stated herein or any other uddress Lender designutes by nntice to Borrower. Any notice pr+ovided for
<br /> � ; . ,,�.� ,yK � in �hfa Security In��rument xhull be deemed to hnve been given to Bormwer or Lender when given as provlded in this
<br /> "1 Y • ..� � :,.e"�'.y, ����•
<br /> :� ` ,�. 1S. Governing Law; Seve�blllty. 'Tl�i+ Security Ins�niment shall be govcrned by federul luw und the Inw of�he
<br /> '��' '�• "`�' urisdiction in which�he Propeny i�Icented. In the event tha�uny provision or clau�e of this Securiry Instrumem or the Nae
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<br /> �;�i,j,,ti,;,�� � conflicts with npplicable law,such conflict shall not uffect aher provislons of this Security Instn�ment or the Note which cun
<br /> �.��,, y�,.,��.;• �'. i be given efixt witlaut the conflicting provision. 7b this end the provisionti of this Security Instrument und�he Note are
<br /> declared to be severable.
<br />, '-.;��+�'1� � • � � j 1+6. Borrower's Copy. Borrower shull fx:given onr conformed copy of the Notr and af this Securiry Instrument.
<br /> ' �. °`•�i�;,,,;.. _ � 17. '1lranster of t6e Property or a Beneflcipl Inlerest in Borrower. If all or uny part af�he Property or any inrerest in
<br /> ���:� � y;�,�,;;:,,.:. I it is sold ar transferrcd (or if a beneticiul interest in Bomnwcr i.,old ur trrnsfcrtrd und Borrower i�not a natu�al person) -
<br /> without I.ender's prior written consenl,l.ender may,ul itz option,r�yuire immedia�e p�ymem in ful)of ull sums secured by
<br /> ��`* ��, , , ���`''1 ( this Security Instrument. Howaver.�his option�hull not be exerciseJ by Len�ler if exercisc is prohibitcd by fedeml law ac of
<br /> - „F-+l" +.�� •,' ''�.'�`-5��'' � the date of thfs Security Instniment. _
<br /> ' If Lender exe�cises this option,Le�xle�shull give Bomuwer notice of ucccicruticm. The aotice sha09 provide a periad of -
<br /> ----�� � '�`� ^' ��� oot less than 30 days irom the date thc noticr i5 delivered or mniled within which Borm�ver must pa}�a1�sums secured by this
<br /> --_- ...,.:�; ,
<br /> '�� ,' �';M:�_"`="''`•,� �� ' Secarity [nstrument. If Borrower fnils ta pay ahesr sums prior ro the expiration of this period, Leniler may invoke any
<br /> � " ' �• remedies pemiilted by this 5ecuritv lnstrument withou�funher nntirc or dcmund on Borro��cr.
<br /> � � ti':; . � l& Borrower's Iiight to 1Qelnstate. li Borrowcr meets cenain condition.. Borr��wcr tihull have the right to have
<br /> � �.:ayGt.+if�1H�r�.�t.;�
<br />- -=o -�.,•.�:.. � enforcementof tt�i�Security Instrument diicona+nucd at an}•timr prior ta thc rarlier of: (a)S d�ys(or such ather{xriod as -
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