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<br /> ' p�yp�a�m�y ea I�e�b��e�uire���t fl��o�o�t o�Le�dee►��mafiye i�o�aov�e�e�ia 1��ma�aud ta�d�O pleio�A .,
<br /> • drt la�der �ita4)pnoeld�d bY�u G�a�rPP�'�"'�bY Laeder�pia becanM�v�ilibb�ad i�oblala�d.Yotroiwr�I�II py ,
<br /> � ':tb°Pro�inn�n�i�'°d tq,nWdala a�oA�e in�ur�aoe M d�ict,oc 1�pawlde�ba n�rewe�uaW d�p nqMi�r�1ar rwel�
<br /> � �, " io�wnoe epd�ta aocond�noe rriM��sitton y�eemeyt bptweea�ono�ar�nd LeRdar ur�ppfiF�bM irw.
<br /> � • !.I�e�iw.t,adee a�it��ea a�q►mdro ro�b adrla�u�on aod iaipealan d tbe Pmp�rty. L�ndet+A�U fiw .,: ,:,,�;.
<br /> � �er mtke�t rhe Nut ot ar prtor to an impxti�a�ped�YluY ra�tunrb{e cyuw tix tMi i�trpectim. ,. , . .
<br /> 1�.Cwwd�wrl�.The pmoeab of any�wiu+A or ddm for d�a.diroot or axroocNa�tW. in ootu�eadon wltb�ay
<br /> ca�ndema�tion ar athar p�iq�ot aqy pnt af�he Propaty.a for ooar+�ya�oe ia liw of aoadeamMion�an bxtiby ad�ned aod
<br /> . tbap be lrsid ta I.rnder.
<br /> ' I��he avau of a tnpd qJcin�of tue P�oparty.the qqoeedt�II be�pliod w�hc wna recurod by thi�Seeudty 1a�runtpM�
<br /> ,whother ar nw then due.witb any oxaeu paW to Bor�awer. in tho avent of�p�utiwl tdcin�of the Propaty in which the fdr
<br /> m�kat wlue ot the Penpaiy immedlaaly baforo tbe Wcieg i�a�wl w ar anata Uun tha anoiun of tho auno�oaued by thi�
<br /> � Savrity Iruruumeat immedi�tely beforo the tnkin�.unle�Bornower atd l�ender otlkrwlce a�roe in wridn�.tbe wm�iea�rod by
<br /> thic Secnrity Incdument �II be roduood by 1he unount of the prooeeda mullipUed by tbe fdbwiaQ fnction: (s)the toW
<br /> unount oP Ii�e suare securod 1m�nedi�ely bcfao tde WciaQ.dividal by(b)the fdr awket vaMae af t1e PropntY��Y
<br /> beiae tha tdd�g, Aqy b�l�ax e1W1 be paiit�to Hormwa. In the event of a p�uti�l t�k�of the Prapnty ia which the fdr .
<br /> aw#a v�i�e of u�e l�rope�ty irtunieaiMel�r h�fone ak aJ�g is las upa�the wnowK of Wo sumc caaunoa im�noai�lely eaPone the :
<br /> . u13o,�,unloss Bonow�aad landcr oN�a'wise agnc ia.rritin�or udecs�pplicablo lavr otlwvvice provWes.the prooeed�tMN
<br /> bo�pplied w 1he sums cew�cd by this 3ecudty Instwmait vrhetlror or pot the wms am lhea due.
<br /> lf the Propaty�is�6andoned by Borrowa,or iG�fter natioe by l.ender to Botmwer tlwt the oondemna off'as to m�ke an ,
<br /> awud or reule a clsim for dar�naaes.Horrower fdls w r�ond to i.emlor withio 30 d�u►d after t6e dato tha notia is ldvea.
<br /> Len�ier is auti�r��od ta oalleca:u�i q�ply the p�ncxada.at i��ptba,el�l�r ta nston�n or*cp�ir af ine Pmpr�tY o*W�e wra�
<br /> seCUrod by this�Security Instn�a�►ent.whether or not then due.
<br /> Unless Lender aM Borrower otherwi.e ag�ne in writ�nB. anY application of pr000eds ta prineipal shall not extad or
<br /> po�tpat�e the due date of the monthly payments rcfen+ed to in paragraphs 1 and 2 or change the amount of such payments.
<br /> ]1.Borro�ver Not Re7epsad;ForbearAna By l.eade�r Not a Wniver.Bxtension of thc time for payment o�modification •
<br /> of su�wrtizotion of the sums secured by this Security Instrwn►��nt grnnced by Lender ta aoy successar in interest of 8omawer shall
<br /> not operue to rclease the liabilicy of the orlgitwl Borrower or Hocmwer's suooessors in intetrst. I.cnder shall not be roquirod to,�
<br /> � oomn�ence proceedings a�ainst any sucoessc�r in interat or refuse w ex¢�d time for payment or atherwfse modify amortiz�tia� '�
<br /> of the sumc sec��a1 by thia Sccur�ty Instrument by reason of eny��mand made by the original Bo�rower or Borcuwer's
<br /> � sucassora in iptere�t. Any torbcurAnoe by l.a�der in e�cerci�in�any right or remedy siwll no►be a waiver of or preclude tha .
<br /> atercise of any rigt t or rer�edy. � '
<br /> � i2. Suck�r��i �i�as Boand��oiM and �esaf L!al�kt;; �a-s��rrs. 'i'!x ca+.�et�ants asu! agt+xment.s of thia -
<br /> � Savrity Instru�rtent sh�ll bind and henefit ttie succescors and assigns ut Ltnder at�! Bc�rrowet, subject to the proviaians of
<br /> �• parag�aph 17. Borcowcr's oovenants and agreements shull be joint and several. Any Barrower who co-signs this Secur�ty
<br /> �Instrument but daes not execute the Note: (a)ia co-signing this Security Instrumenl only to mort�age. grant and convey tlwt
<br /> �Borrower's intcrest in the Property under the termc of�his Security Instrument;(b)is not personally obligate�i to pay the sums
<br /> socured by this Security Instniment;em1(c1 agrees that Lender and any other Borrower may agree to extend,modify.forbear or
<br /> � ms�ke any aocommodations wlth regard ta thc tenns of this Security Instrument or the Note without that Borrawer's rnnsent.
<br /> 13.Loan Charges.If the laan secured by this Securlty Instrument is gubject to a law which sets maximum loan charges,
<br /> end that law is finally inlerpreted so that the interest or other loan churges collected or to be rnllected in rnnnection with the
<br /> loan exceed the permitted limits,then: (a)any such loan charge shall be reduced by the sunount necessury to reduce the churge
<br /> ta the permittod limit:ancl(b)uny sums nlneady collected from Borrower�vhich exceeded permitted limits will be refunded to
<br /> Borrower. Lender may choose to muke this refund by reducing the prinripul owed under the Note or by making a direct
<br /> payment to Borrower. If a refund reduces �+rincipal, the reductior. will be i�eated us u paniai prepuyment without any
<br /> prepayment charge under the Nate.
<br /> . 14.NoNces.Any noti�'e ta Borrower provided for in this Security Instrument shall be given by deliver�ng it or by mailing
<br /> it by first class mail unless upplicuble law•requfres use oP another meth�xl.The nntice shall be directed to the Property Addr+ess
<br /> or uny other addrekc Borrowor de�ignate+ fiy notice to Lender. Any notice to Lender snull be given by first class mail lo
<br /> Lender's address stnted hercin or any other uddress l.ender dexignates by noti��c to Borrower. Any notice provided for in this
<br /> �ecurity Instrument shall bz deemed to have bceR given to Borrower or Lendcr when given zi�pmvided in this pusigraph.
<br /> lS.Governing I.aw; SeverAblllty. 7'his Security Imtrunicnt xhall bc govcrned by Federul luw und the law of the
<br /> jurisdiction in which Ihe Propcny is located. In the event Ihut uny provi+ion or cluuse of this Security Instrument or the Notc
<br /> conflicts with applirable Iaw�,such con(lict shull not uff'ect other provisions uf�his Security In,trument or the Nnte whinc�an be
<br /> given effect without the conflicting provision. To�his end thc pruvisionti of this Seruriry Instrument and the Note ure declered
<br /> to be severable.
<br /> 16.Boreawer's Copy.9orruwer shal)he given�nr cnnforme�l rnpy of thc Note and nf this Serprify Inctn�ment
<br /> Fam 3028 �/90
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