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<br /> Ir 1be evait ol�wonl t�kin�ot ia l4�p�rtr.d�e�. �11��pplMd a 1M �dm�� by�i�e�eipt
<br /> ,� l�tru�neo�.wLed�er or�at Ib�n due�wMb �ny sxceN 'p���Honowrr. Ia Ibe�vrat of��tW t�lciy otN��� .
<br /> rvhich the htr ma�et valae d dis Propaty immediMely b�trae the akb�4 aqml to a�et tt�h 16e�na�r�c d war •
<br /> �x�d by dd�Sec�rtity 1n�auoiqu lawwdWO1y wtare dis ukieu.anlew Hai�u�wr+nd l�ada q�e�ee in ,
<br /> d�e r�nns�eq�rod bY dJs Secu�itY la�t�t s1w11 be e�alueed fry d�e ana�nt at�P'aaed�,�w p�d Wd b�►t���
<br /> � fi�ctioa: (s)the topf amouat ot dte eun» esc4red hnmedistely be/exe�he Wdng�divid�d hy(�S�.�e t�C a�riut v�Wa d Ibe
<br /> propeaty in�nediaoely betaro d�e�. Any beLooe thaU be p�W w Ban+n+Mar. In tk eva►1 W�p�ctW�of�!M .. .
<br /> Pruperty ta whkh U�fiir itwlcet vvue at d�o Property inimedi�eely befare tbo t+kl�i ia leif tY�dre Kaowrt d a�
<br /> �ocwed inunedi�tely lwforo the t�lcir�.wtlass Bo�mrMer and La�der od�ervrl�e�hee in writio�ar uuks+��p�lic�blo I+tw
<br /> othpwise provldet.tbe pnceod�thnq 6e applied to tbe suau�ecuted by tbls Setauity Inwrarer�t�vl�etdet o�not the wNr are
<br /> �duo.
<br /> If tfa Ptopwty u abandmod by Homaw�er.or U�atter notioe by l.ender w Borlorxu dW►t tha cancf�mnor oPlat ta a�,: ;:'. .,
<br /> an AwArd or scttk A claim for d�m�os��aROwa fdla ta nspoad to Lender within 3Q d�afla the dUe tho notica is�iven,...�,��:• :;,
<br /> l.e n d e r ii autUarlud ro oollect u�d�p pl y V h e Y�,at it�opdon.eitba�o r�tioa ar rep�it pt the P�aNt+Ry pr w d���•'�� � ::
<br /> Runu secw�ed by thic Secwity Instrumont, or not tha�due. , 'v
<br /> unks�Le�da�and Barower othe�vioo+�groe in wdting,wy�ppliculon ot pnveods co p�locip�l�tWl�not'e�tend a'
<br /> ,;,postpone the due d�te of tho monthl9 WYma�u referred to in�ph;l aod 2 ar clau�ge�h e aaowat ot auA pa�niol'q� .,,•:
<br /> ;�:,, 11. BornoWer Not Rdea�edi � 89 l.dqder Not a Walver.� Bxteodon of tha tlme foi �Ayti►ea�t t�� � ,
<br /> mAdificatian of amottit�ttiou of dw auau sxured by thia Sea�rity Imtrument 8���Y�tn�ny eucuesaac in interost.;`. '.
<br /> r.' o�aorrower�AhaU na opprato tq role�a tha Uability of the aigirui Barower or Honowal�:�i�l iruere,�t. I.eadot � , , .
<br /> _ ' �:�,�s1! nnR�sr.g��t�a!tn Gommeatx ptncezditt�a},neinst a�y�ucceax�t{n intenyl ar mfLce tn nxtend tLne far pry�eat ar _ ' �-._._
<br /> "'� �. ,,.� otl jerwiae madify amonlzstion of ihe�umr+a�:cund by thl4 Sacudry Insuument by�ansoA of any demmd mado by the original , -
<br /> ��A ��.. , :i. ;•�Homnwer ar Bo�mwerk succesaor�i n interes� My f o r b e a a u►c e by i.e n d e r i n�i o r�i s i a�m y�i g h t a�e m e d y�iuU not be�i `
<br /> ��„,,� � � �wdveraf o��q�eclude the exe�iRe of any dght or remedy. � � '.: !
<br /> .�.; lt. Srecesror�and ApIQa�Baund;JoiM aud 3evenl I.4ibilityi Co-sl�nen. 1'he oovenan�s su�d agroemeats of thia .
<br /> � ':Security I�t�Ument ehall bind and beneSt�he suecesa�.and wlaigna af Lender�d Borrower�subject to tha proviaiaw ot • .—
<br /> � paragraph 17.$orrower's covenants and ag�eemente ahnll be Jaint and saveral.My Bamower who casjgna thia Security _
<br /> . �Jnsuument bµt doc.�nat execute the Note: (a)is co-signing thia Secudty Insuument only ro mortgage.giant ntd convay tfuit
<br /> 8orrowerk:in�erest�i t��Property undor the urtns of�h1s Securlty Instniment; (b)is not pason�lly obligaoed to pry the:urns
<br /> -- � secured by�this Se�r Insaument;and(c)agras thAt[.ender and bny other Borrower mwy agree to extend,mod�fY.forbear
<br /> _"_ or make nny��ccaom�iadations with rogiud w the tem�s of this Secutity Lirtrument or Ihe Nnta without Iluu BP�raweT'u ' . ,
<br /> ,� . `c,uncent. .
<br /> '_'� 13. Loaa C6ai�{es If the loan axw+ed by this Securiry Insaument is subject to a law which sets maximum loan
<br />=:;:�� . , charges,wid�hat IAw is��nully interpretad so that the interest or other loan charges wUocted or to be col4xted ln conneclian . _,
<br /> ''=°��1 with the lown exceul the permitted limita,then: (a)any such loan chArge ahall ba reduced by the amount neassa�y to reduce
<br /> _��,�,:,;,;�a the chorge to the pcm�itted limir and(b)any sums al�eady callected from Borrower which excecdcdpem�ittod limits wlll bc
<br /> — - :::;,,.■ refunded to Borrower. Lender may choose to make this rofund by�cducing the pdncipsl owed under tha Note or by makL�g a
<br />�:_� direct payment ta Borrower. If a rcfLnd reduces principal.the neduction will be lreated ai a paiilal pnpayment wld�out any
<br /> _--__ _ prepayment charge under the Note.
<br /> -- � l4. Notkes. My noticc to Barrower provided for in this Sxu�ity Instrument shaU be given by delivering it or by
<br /> �_�,� mailing it by first class mnil unless applicuble law requires usa of anothar method.The notice sh�ll be directed to the Prqxrty
<br /> -- ,�,.�,�.�,. Addiess or any other address Borrower designates by notice to Lender. Any nodce to Lender shall be givm by fust class
<br />__�„-;;��,� m�il w Lender's uddress s�ated herein or any other address L.ender designates by notice to Borrower. Any notfce provided for
<br /> �.Y� ln this Securiry Iostrument shall be deerned to hava been given to Bomower or Lender when given as provided in thi4
<br /> -"'"_'" P�B�aPh•
<br /> �- 1S. Governing Law; SeverabiUty. This Security Insavment shall be govemcd by federal law and the law of the
<br />.:"'��,,,,'F;;`�;tit•�: jurisdiction in which the Propeny is lceuted. In Ihe event thN any�ov{sion or clause of this Secutity Insqvment ar the Note
<br /> — "`Y'�'1�++�����:� contlicts with upplicnble law,auch conflict shall not affect other pro.i:ions of this Security Insuument or the Note which can
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<br />_,,,,�,�;,*���- be given effect without the conflicting pravision. 'Ib this end the provisions of this Securiry Mspumrnt wid the Note are ^
<br /> r� ,• ,m_: doclen:d to be severable.
<br /> � � �•� � 16. liorrower's Copy. Horrower shull be given one confnrtned copy of the Note and of this Securiry Insuummt. FF
<br /> ''� � .� 17. 7lransPer of the Yroperty or a Beneficial Interest in Bor�ower. If all or uny part of the Prope�ty or any interest in
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<br /> �, .�,,- it is sold or transferred(or if a beneficiul intcrest in Borrower is sold or transferred and Borrower is not a naturel persan)
<br />_�. '` •�^'� without Lender's prior wrfqen consent,Lender muy,ut its option,require immediate payment in full of all sums secured by —
<br /> �•e1'� '''�t�',� this Security Ins�rument. However,this ap�ian ehnll not be exercir,ed by Lender if exercise is prohibited by federal law as af �
<br /> �:::-`:�`�"� the date of this Sewrity Mstn�ment. -_-
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<br /> •._.�r* �; •, ' If Lender exercise�this option,Lender shall give Borrowe;r natice of ucceleration. The natice shull provide a periad of �`
<br /> ,��' �: � � not less�hnn 30 duys from the dnte the notice is delivered o�mpiled within which Borrower must pay all sums secured by this
<br />.�'��!`'�•','�rt"t' Securit Instrument. If Borrower fails t o pay �hese sumti pri�r ta the expiration of this Fxriod. Lender may invoke any
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<br />"`�`'1 ��`'���.���' remedfes pertnitted by this Security Instn,+nent without further noticc nr demand on Borrower. _
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<br /> 18. Borrower R Rtght to Reinstate. If Borrower meets cenain ronditions, Barrower.hall hnve the right to hnve
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<br />':;;�,;�;.. . .,, enforcement of this Security Instniment cli�c•nntinued i�t Nny ume pri�•r m�hr e�rlier nf• 18) S daya(�r eu�h nther�neriAd 8�s t•
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<br />,,;j•, ,�,•yt,;�;��{, ' Smgk�amily-•Fwn�k MadFreddle MacUNIFURM INSTRUMENT--Uniform Covenan�Y 9/90 fpa.¢�d nj'6page�) _
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