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<br /> - --__. . 93� s:o�s
<br /> � acnde�mitbn or alher t�kin�of any pWt of rhe P�opetty.or fa comeyu�ce lo!iw of co�dem�wiaa�aro heKbY wi�ned�td
<br /> �II be pRid ta I.�ar.
<br /> In the evant of t tot�l Wdn�of tho ProQart�►.the prooxd��hdl be Rpplied to the �am�kcurod by thi�Sa�uity
<br /> lnaaunxat,whothar or na tlkn due,wltb any oxasr p�id to Honower. la Ihe event of A putl�l wkln�of the Property in
<br /> wldch tUo fii�market valuo of�ho Property immadlwtely 6efo�tha takin�i�oquol to or 4rcater th�n the amount of�he wmi
<br /> recwecl by�hi�Saurity Inwrument Immedi�tely befae the takinQ,unle�a 8ormwcr u�d Lander otharwiso a�rqe in writin�,
<br /> �_�..�,�_� tl�e wnu secwod by this Socudty Insaument shall bo reduced by�he amount of the procecd� multlplied by the tollawin�
<br /> i�actfon; (�)tha wtal unouat of the�umr�ocurcd lmmediatcly before tho uJCi�g,divlded by(b)tha fiiir mukat vdue of the
<br /> Property imrnmdl�tely befaro tlw toking. Any balnnce sh�ll be paid a Sonower. In the avant o�'r pa�tfal t�kin of tho
<br /> - P�rope�ty in whlch the fair meri�et v�lue of tho Property immedietely beforc tha�alcing is less tl�n tAe anwunt of�a sumo
<br /> -- cccu�ed immodi�tely beforo the taking. unlesa Bomower and l.emkr othenvisa a�roe �n wsitimg or unleu Applkable law
<br /> '-�?�� _ otltervviee provlda,the pmcoais�Itall be ap�plied to tbe suaw sacwed by�hi�Stcurity Insnwr�eat wl�her ar not the won�are
<br /> thee due.
<br /> -__-- if the P�operry is ab�ndoned by Borirower,a if.after notice by Lender to Noaower Uw�t Ihe condemaor offe�a to mRko
<br /> an awar0 a seale�clwn for dAma�es.Bon+owcr fails w nespoad to L.er�der within 30 days aiter the d�+te Q�naice is given,
<br /> — l.ender is auU�orizal to collect w�d apply the p�a�.�ceds.+�t its optian, ellher w rectantion or repair of th�H�p�}etty ar to the
<br />_� wna��ecwrod by�his SocuritN Ga�oaument,whetl�er or not tUen due.
<br /> pnkss 1„ee�der s�nd g�,roK�ec Whenvise agree in wrttinq,any applicadon of proceeds to principal ahall aaz�xtend or
<br /> - poRtpoi�e t8ie dwe date af tl�-�c+nthfy paymeau refemed tp in paragraphs 1 cmd 2 or clw�ge ehe unount of such paymrnta.
<br /> _ .. ll. �prn+�� Not RetEm�edi �� �y l,.cnder Not a ilY�iver. Fa�tension ai the Ume for paylu�t a'
<br /> -_ - , ��catic�r�a”;:mortization nf the sums secared by this Seeurity Iestra�sent�eea bJr Loader to uny:ucccssar in�ntcrest -
<br /> =- ' •`c�ff Bdrenwer ahall ndt operutc to release the lisbiliry of the origfnal Borruwer a�werls�uccessar� in interer�. L.ender �
<br /> 'T�� '��• shall not be reyuircd to co�nmence proceedings against any successor ire interesc �x refuse to eatend time for payment or
<br />%::•�"1 �v�' otherwise modify ounortizaNan of the suma securcd by this Secu�ity Insuutmat by reason ot'any demand made by the original .
<br /> , � � ., Borrower or 8ottower�s successors in interest. Any forbearance by Leuder in eaereising any tigM or rcmedy shall not 6e a
<br />;::��' waiver of or nreclude the exer+cise of any right or rcmcdy.
<br />=�` :`. 12. Successorc and Assi�ns Bound=Joint and Several LlobNity;Co-signers. 71x covenan�s and agreements of this . �'
<br /> � �;f Securfty Insttument shell bind end benetit the successors end assigns of Lender nnd Barrower. subject to the provisions of
<br /> � °'` parAgraph 17. Borrower�caven�nts and egr�eements shall be joint and iseveral.Any Borrower who co-signs�his Security
<br /> `� Instniment but das not execute the Note: (a)is casigning this Security Inswment anly to mortgage,gra�tt and convey Ihat
<br /> . ' "� Bomoweris inter+esl in►he Property undcr thc terms of this Secu�ity Instrumepr, (b)is not personally obligated to pay the sums
<br /> ;�;,,' � secun;d by thie Secudry Instrument;and(c)ugrees�hat L.ender and nny other Barrower may agree ta eate�d,modify.forbear
<br />- '��`'•:;.'F or meka any acc:ommodwlon�with regard to the Vertns of this Secu�ity Inctrument or the Note wilhout that Bomowerl�
<br /> -'� concont.
<br /> -u-."' - _ -y�i�uv��: i3. La�an Chwrgea. ii the loan t+ceurcd by ihia Sccurity Iurii miir�N ia aub,j�ct to a iuw which seis ma�imum laan _
<br /> ,�� ��� � ' !(�11��;l4s �•°•a% charges,and lhat luw is finully inte�preted so�hat Ihe interest ar other loan charges collected or to be collected in connection -
<br />�'•�• .,, '� fi''"�t''-`�.�~'��' with Ihe loun exceed�he rmitted limits,lhen: (a)cin guch loan char e shnll be�educed b the amount neces to reduce
<br /> �w ' ,��;z,,�+u�l Pe �Y• 8 Y �!'
<br /> •,_ �,..,.;,. ,�. , the charge to the permftted limit;an�1(b)any sums alrendy collected fmm Borcuwer which exceeded permitted limits will be
<br />_ �,:�;���:,�*��:,;�;:;���• r�funded to Hnrrower. l.ender may choose to make this r�efund by reducing Ihe principal owed under tho Nota or by making a _
<br /> �' •�=;: � • direc�payrnent to Bortower. If n refund reduces principul,�he r�duction will be treuted ns u partiol prepuyment wlthout any
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<br /> , tiu....„a,i�'r'c;' prepaymont charge under the Note. _
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<br /> . , ,,� �ti :,,�;;,� 14. Notices. Any notice to Borrower provided for in this Security InstrumeM shall be given by delivering it or by _
<br /> .�:.�:., ., _ .,�,�,, mail{ng it by first class mail unless applicable luw reyuires une of Another meihod.The notice shall be directed to the Property . _
<br /> •:,•.�:•� ; _
<br /> - •• Address or any other aldress Borrowcr designates by notice to Lender. Any notice to Lender.r•hall be given by finct class =
<br /> ' ' " ��,, ' '�; mail to Lender's addr+ess stuted her+ein or uny aher addre+s Lender deciRnates b,y notice to Bo�rower. Any�otice provlded for __
<br /> r '�'�'�,.'�,i�*"'� in this 5ecuriry Instroment shall be deemed to have been given �o Bonower or Lender when given as provided in this '
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<br />.r:;r� � �,};; . 1S. Governing LAw; Severt�biltty. This Serurity InFtrument sholl be govemed by federnl law sind the IAw of the --
<br />-,,:;:�a;�. `�,� ' ,;;i;,i,ti-;%�� jurisdiclion in whlch the Propeny is locuted. In the event�hat uny provisic�n or clause of this Security Instrument or the Note �Q.'
<br /> ��*% ' i � ' conflicts wUh appllcable luw,such conflict shull na uffect other pruvir;ions of this Security Instnament or the Nae which can `_
<br /> Sf�� ,;� , , be given effect withoul Ihe conflicting provlxion. To�his end�hr pmvisions of thiti Security Instrument und the Note are =_
<br /> �:,.• � ; ��,� .f � declared to be severnble. _
<br /> � L z '" �� � 16. Borrower•s Copy. Borrower�hull be�!iven one confbrmeJ capy�►f the Notc and of this Security Instrume+�t. =
<br /> " ...�':.;.{�v�:,�, , l7. 'IY�nsfer of Ihe PropeHy or a Beneficial Interest in Borrower. If ulI ar any pvn of thc Prapeny or an} interes�in -
<br /> ' �'' '�`- "'t �� ' it is sold or transierred (or if u beneficiul interc+t in Barmwc�i� suld or trnn�fem:d and Bormwer ia not a nutural person) � �
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<br />:.�.�1� �' ' .:„�:�•. , without Lender5�pdor w�lpen consent,Lender may,u�its uption,rcyuire immeJinte payment in full of ull sums secur+ed by � �:,.
<br />; r?Y��ti �•� M%' ; ��','� this Securit Instrument. Howe��er,this o pon shull na be exercized b Lerxlcr iirxe�ci:�ix rohibited b fedeml law as uf �_
<br /> .,, ��, .�, y,�..•���4� Y P� Y P Y �
<br />::in;,,,,, �'°��'. � the date of this Security Instrumcnt. �:
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<br /> �{ ' ' If Lender exerci+ec thi+option.Lender shull give Bunower notice nf u�cclrra�ivn. 'fhe notice sholl provide u period of F�
<br /> [Tt�*��.. � � ' not less thAn 30 days from thc dute thc notkr ig dclivcrcd or mailed within whirh Bonawcr mus� p•ry all wms secured by thi�
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<br />.�y`;,�,.i �,�+��.,;. ,�•' ; � Security Insuument. tP Bnrrowcr fail. t��puy �he.c zum.prior �o tlx expiration uf thi+ penod, l.ender mAy invoke ony
<br /> remcdics persnittrd by this Security lnssrumrnt u•ithout funher n�rticr ordemand on F3��rr•►wer.
<br /> �'�r°i}"�: �. •i�;��,%����; •a;� � 18. Borrower's Righl to Iteinstate. If Borrow�er mcel�ccnain conJitionc. Hortowrr shull huve �he right to have -
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<br />_ . ' %,11}�,;;,�� M�,+t� eaiforcement of this Secur+ty In+�rument Jix�ontinued at :+ny timr pri�w tu the earlirr of: lu)S duy.(ur.uch other periad av �
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