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<br /> ��,
<br /> �ar ad�a�ki�y d�ay�rt d d�P�opwty.ar fat aonvey�noe in!ku ot ooada�nnWloa.ua baaby�ti�ned�od., �
<br /> �dp be paw a l.Mdx. .
<br /> In d�e eve�t o(� total tdcla�ot the Prnpeecy�tbe sb�ll Ise�pplied to tha waa secured by d� Seaulty ' , ,
<br /> laq�ument.w4elbx ar aot tben dua,'wllh�ay exoe�� to Barov�er. 'In$k event of�patW t�ici�af the Aropaty!n .
<br /> which IUe h4'muket vaWe of Ihe Prope�ty immadi+kly 6efore tho W�in�4 oqual to or�eater thu�the�mount of the wms
<br /> secmed by this Seawity InWmne�t 1na�tbdi�tely bataro tbe Wdn�,wtbss BaYOwer�ad l�la otbavri�e+�tee Ip writ6�.
<br /> the aaa�:a�tted by thlt Secu�ity Insuw�i sluill bo reducad by�he pnount of the pruc�ed:muitiplied by tl�C fdbwfn�
<br /> �'�...°-'_ faction: (a)d�e totRl�mount of tbe stpns�ecu�ed i�r 6efaro�he t�ki��.dlvided by lb)the fi�a�ricet vdue ot We _'
<br /> Propeny immeaiMely aeto�n the aici�,a. Any b�la,�oe��be p.w to eanow�er. la tho avau of a putW takinQ of u�e
<br /> � Property in which the fi�m�uket valua of Iho Propa�y lnunedi�tely baforo�he Wcing is kss�h�n the amount of the awr�
<br /> securod lmmedi�pely bafa+e the ad�ing.unlesa 8aaow�er u�d Lender aherwice �gne in wrlting or unlas applicaMe I�w
<br /> oti�wlse providw.the piooeeds alud!be applied b t0o swn�s�u�by thi�Security Ia�umau wM�t�er or not tla aara ue
<br /> then duo. •
<br /> If the Pr�upetty i�t�ndooed by Bot�uwer.or if.�fter notlx by I.ender to t3orrower Ihat thc condemnor ofl'orn lo mtke
<br /> �n awrud or sctde�cWm for darn�es,Bortuwer iaik to mspo�d to[.cnder wfthin 30 d�y�afler the due the notice ie given.
<br /> l.cader ie wthartud to oollect�nd wppiy the prooealr.at ita option.ei�her ta rostoratian or ropair ot the Pmpeny or to the
<br /> tr�s�a,�utd by ihis Secarlty Incdwnent,whethcr or not tl�cn due.
<br /> ' Ud�ss t.m8er and Bomnwer othawi�se�groe in wrlQng,any eipptication of proceedc to prinelpal shall not extend a
<br /> --- �pa�tpona tDe due d��te of�be t�w�r'paymencs refcned to in paragrephs!oa4 2 or ciwnge ihe amount of such payments.
<br />= 11. Bon+a�wer Nol Reka�ei= Avrbrsra�ce By Lender NW � Wi�irer �at�nsion of the time for payaieqt ar -
<br /> .--- ---•�.�� aseod�ticatlo�of e�ao�Fzsdoee ef ttr.a�.�s�bsr t�s Gsetdty In�tstnntat g�by 3.snder to eny�xressor E�e E!!tnst _..
<br /> - �.�..-�- �—. ot Bamwer slWl not opuate w rclr�sc the 1(abil[ty of the otiginal iiomower or 8c�sc*wa'�saccesFanc in intcnest.t.ender _
<br /> dutl not be requ6ed w rnmm��ce p�nocoe,�s aguinst any succes.sor in lnterest or ai�use to expad tlme for p�yment or
<br /> _ otherwlce modify�tlon of the sans�,ed by this Security Instrument by aason of any demauad made by the ai�inai
<br /> -- Bamower ar Bor�ower�successois in inte�9t. Any forbearance by Leader in exercidng any dglM tx�nedy slnll not be a
<br />- ,waiver of or p�r,clude�he oxercise of any right or rcmedy. '
<br /> • , • . �2. Suoces�ors�nd A�u Bouad;Jdnt�nd Several Llabllity;Co-si�t�ers. The covenents ond ag�ements of this
<br /> ;; Securiry Insdumrnt shall bimd and benefit the successors�nd assigns of Lender end Borrower,subject to the prov�sions of
<br /> p 17. BortowerY covenaMs and agrcementa shall be joint and several. Any Bortower who casigns this Securlty
<br />�� . L�t but does not eaecute the Note: (a)is co-gigning this Securitar lasnument oaly to mortgage:grant and convey that
<br /> '?�' Borrower`s intct�si in 1he Property under Uie tertns�f lhis Security Instrumcat; (b)is not personally obli�ated to pay thc sums
<br />__;� , secur�eA by this Security Inspument;and(c)agrees thet Lender end eny other Borrower may agroe to exlend,modify.for6ear
<br /> _ , or malce any acc;ommodutone wi�h �azd w ihe trnns uP this Secu�iry In�pument or �he Note wititaut that Borrowerh
<br /> - --� � ca�sent �
<br /> __ i � !3. l.a�n L'ls�sgea. If th:loasz sxurcd by tlris Se:uriiy Insu:uncat is subjcct ta a law which sets maximum toan
<br /> , cbuges,and�hat IQw'�is fmally interpreted so that ihe interest or other loan charges collected or ro be collected in connectfon
<br /> � wkh the loon excxed U�e permined limits,then: (nl any xuch loan chnrge shall 6e reduced by the amaune necessury to rcduce
<br /> ''� � t6�e charge to the permitted limit;and(b)any sums already colkcted from Barrower which exceeded permilted limits wjll be
<br />:�:: refunded to Bomower. Lrnder may choose to make this rcfund by reducing the principal owed under tl�e Note or by making u
<br /> = � djrect payment to Bomower. If a rofund reduces principal,�he reduction will be[maced as a pnrtial prepayment without any
<br />� r pnpayment charge underlhe Note.
<br /> 14. Notices, Any notice to Borrawer provided for in thia Security Instrument shall be given by delivering it or by -
<br />- � 'n mafling it by first cluss mafl unless applicuble law requines uxee of another method.71�e notice shall be directed to the Property
<br />_` " Address or any other addregs Borrower designates by notice to Lender. Any notice to Lender sholl be given by first cless
<br /> ; ��;•� mail to Lender's addr+ess su►ted herein or any ather address Lender designutes by naice to Borrower. Any notice provided for
<br /> 1 f in Ihis Security Instrument shufl be deemed to have been givcn to Borrower or Lender when given as provided in this
<br /> t.:•: , � . P�raBR+Ph. -
<br /> ;�:`y�, • '•"`+��'�� IS. Go�•erafa�Lap; SeverabiNty. 71iis Security Instrument shall be govemed by federal law und the law of the
<br /> �' ;^ ,_��+�„ '`�•"�� jurisdiction in which the Property is locu�ed. ln�he event itmt any provision or clause of this Security-Ins�rument or the Note =
<br /> �`•• a, �,� conflicts with Applicable law,such conflict xhall not nffect o1hCr provisions of this Security Instmment or the Note wfiich can -
<br /> ' ,.��<,. ��%• t�e given etfect without �he conflicting pravision. 'Ib Ihis end the provixions of this Security Instrument and the Note arc =
<br /> � • '���s > dec�ared to be severable.
<br /> , � r . .:�':�. • � �16. Bo�ower's Copy. Borrower shull 6e given one confamed copy af the Note und of this Securi�y lnstrument. -
<br /> �' • �` ��•=� ' °• 17. Tr�sfer ottAe P rt or A Be�eiiclal Ipteresl in Borrower. 1f all or on
<br /> .., s-,��� �pe y y pun of the Propeny or any interest in __
<br /> �;,z}'`� �''���'�1'�'� it is sold or tranyfcrred (or if a beneficial jnterest in Borrower iti wld or tranxferned and Bomower is not u natural person) -
<br />_ • 7 �'• •���' without Lender's prior written cnnsenc,Lender mny,ut it,optian,require immedinte pnyrnent in full of ull sums secured by �
<br />`'� •��''�',���'�' this Security Instrument. However.�his option shull not be exercised by Lender if cxe�cise i�prohibited by federal law ns of =
<br />. � - �•'� the da[e of this Securiry Instrumen�. __
<br />���. '� ;'�� " If Lender exercises�his option,Lender shall give Borrower notire of accelermion. The notice shnll provide u period of �_
<br /> •"`��`;;'''"" not less than 30 da s from the dute the notice is delivered or mailed wi�hin which B�xrower mu+t puy all sum��ecured by this
<br /> •,,::: , .. . .`r.:�,i. Y c
<br />`�,^' `°� ��:� �� Securi Instn�r�nent. If Barrower fails to a thesc sums rior tu the ex irn�ion��f�hi, nod, l.ender mu mvoke an -
<br /> 4. . ;c� h' P'Y P p� Pr� Y � Y
<br /> ____ rPmr.li�a permitted by this Security lnstrument�t�ithout fusther notire or demand on Borroa•er. ==
<br /> - - T� � • . . • 18. Borrower's Rlgh� to Reinstate. If Bom�wee meetx cennin cundition+, Borrower shull huve the ri�tht to have �;
<br />` `r•- �� �. ;��- enfmoement of this Security Mstrument discontinued u� an� time priur to Ihe eurlier oL (al S d•ry�lor such Wh�r period us -�-
<br /> ,' . ;.;.._, ,. ..
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