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<br /> aa�auu�tion ar otb�r Wdni of�nY l�d��Y.ar fa oaawy�na in U�a d'�bn�w�r br+�Y!'wi/►�M�M ,.�
<br /> dadl6e pdd�s l.aidcr. - _ . -
<br /> in da weat of ��oW t�kinj ot th� PiropeAy.d�e�p�o�sd� �II be appiMd b die a� Mawrdlr!► MfI���► .
<br /> In�trumait, wlw�d�or eat d�on da►,wlth�uty a�coat p�id to Bwrower. In the ovaN d����d ifM -ira� .
<br /> vvhich the fair m�uicet v�lue o!the Prq�etty lmmadWely beforo tbe Wda�i�equd w a jn�br
<br /> �ecurod by d�Secw�ry Inuhuta�t ImmeNately befa�e�1ie Wcin� un{aa Bocrowar nrd Le�der o1D�w�i+e�aF�n.wHt4y. ,
<br /> a�e.ua�.«wea�x u�sa�iig�auma��u 6e�eduoea b� eha.�nwuwt d mep� ����'��
<br /> �c�n: (�s)dhe co�nA�xnrr�a3�e eute�eawhd ymw+ediMely befare tbe uldna.dlvidod b N)d�� vdpe d the
<br /> p�v p�t y ima�el y eefao�he aic�. My e.l�orue.b�u 6e p.id w Haer�wer. In me�sveac af.p�rd�d_�df�he - .
<br /> propaty iu whioh tha fiir n►ak�t ralue d tNe l4apa�t�t inunedlMety beta+e the Wtini I�lers dan d�t w�Wnt d �►� .
<br /> odr�Ml��ythe�a�aee�d��be�wr��ecurod by t6ir 9ecu�ity��whMiMr at nat�dis wms Ne
<br /> thm due.
<br /> if tde Property ia i6�ndoned by Bamwer�or if,afte�twtioe by Lender to Rorrower Ih�t tNo can4emnor offa'�W m�ka
<br /> an award or scqle a cla6a for danna�ee.Borrower fi�ile ro rcapond la Lenda�wi�ia 30 d�y�dter the date tbe eodce i��iven.
<br /> Lander i�wtiwri�.ed[o colloct uid+ippty ihe proceodr,et its optbn.oiti�er a rcsoorubn ar eq�ir ot iha PropettY a ca d�e
<br /> wnu�acu�d by tbis Sacwrity inetrument�whether or not U�a�due.
<br /> �;��' �pp1 to �hdt not e�cca�d at
<br /> Unle�s[.a�dar�ad Burower odKrwisa�nee i�t writin�.any ication of ptocad� PdnciPv
<br /> po�tpo��e tha dua d�w ot the monthlY psymeNs refemed w in p�ra�apiw 1 wid 2 or cbai�o tlee art�ount ot such payaneau•
<br /> — ii.Barowa Not Rdea.ed; iaorbe•r+�nce B� l.ender Na• W.iver. Exr�ui� af ihe dnee for paymen� ar
<br /> ��,�� modificuion of amostir.�tion of the sumc socurad by diia Security[nspwtum�nted bY u�Wer w�ny:u�oeaor ia intarc�t
<br /> of BoRnwer�II not o�te to�ekase the Ii�biGty of the aiginal Botrower a Bortoaerl�auooaeo�u in intaest.L�ender
<br /> -- — --- ---- ehell n�t M�ui�ed m c�mrr�nue pniooedin�x+�r,�i,ut any �uccoswr ln inte�at a rafuse tv exta�d tirr�o far paymaat a'
<br /> � Wtierwise modify amattizutioo of the su�securecl by tlfis Security Inewment by�eason of�.ny deia�ad�d�.isy�r oiagu�i -
<br /> �;,;�j� Hormwe►or Bormwerk aucceusors�iauet���:A1ny fa►�iqarance b�Lender in eser�iag any�ht a ranodY shall not 6e a
<br /> 'a� �t�+=� • waiver of e�r preclude the exerc3s�a aif any�a@ht or remecly.
<br /> ,� �'E;"t 19.S�a�e�oru��iad A�3go�s�v�ma�;JdnR a�a�d Sevcra0 L3a�+i'iity,G►sigaera. Ttie cQv�nts ond s►�eements oi 44iy �
<br /> �mi��'�i�'+"�7�, . Secut(ey Itasin�neau shnla �'�nd�nd benefit the�uscessors Ancl ass9�a of��.emder and Boimwer,,sybjoct tm�c p�avp6iwns at ., ,
<br /> ,;••`•�'s:�'��;;��t,•..p ppiag�ph 17. Borra�.ver� cavenants and Agretm��Rs sh�ll be jain� and acve��ul. Aay Bortawer who cas9g�as ahia 5ecoi�ty _
<br /> ,::;'��,',#y' ` ltuwment Iwt dces�am�e:cecute the Note: (a)is co-aigr�ing�his Secwity la�strumcnt only to mortgage,g�t�nt und�hvey it�at
<br />,:,':!� • � Bamw�r's intetesC.ln tiic fhnpcRY ui+der�fia tertns of this Securirty lnsuu�eenr. (b�is not pe�sar�ally of�BguReci t�o pscy q�suma
<br />`:��<?,,. , aecwed 6y thls Secua�ity Insuumen�;u�a1 lc)agers tha9 L.ender anc�:,ny c�ther Bortower may ag�ee to eztend,irwdfiy,farbi;nr .. :,�: �
<br /> �_:j r_..,.�. •
<br /> ii,'�,,���'f�,< , ar nwlce any Accom�awclatia�s wi�h regerd•to t�he tcrmy of�hia Sccurity Inatn�ment or the Nae witbaut xh�u.�Horrorv�er�. �_,',
<br /> F J:��!�i�'.? carwon� � � -
<br />-'�:��y'����` -- 1 3. I.w n C b a ry l e s. i f t h e l o a n s e c u r e d b y t i i i a S e c u r i t y I n a t n i m e n t l s s u b j e ct to a law which�sets mwcimum loon
<br /> ___ ,Fi � cherges,and thet lew ia tinally interpreted so thet 1he interest or other ioan cherges coiia�al or W i;e coii�t�d in��
<br /> -- - wlth tha ban exceed the permitted limits,then: (a)any such loan chuge shall bo reduced by the amount necessruy to reduce
<br /> - t h e c h a r ge to thc penniaal Iimit:and(b)an y sums alrendy collected from Borrower which excecdedpeimitted limits will be
<br />'``��' iofunded to Borrower. Lendor may choose to mekc this�fund by neducing th6 principel owed under the Note or by making a
<br /> _ di�oct pnyment to Bomnwer. If a refund rcduccs principul,thc rrielduction wlll be tneated aa a pa�iial prepayment without any
<br />-_ prcpayment chargo under the Note.
<br /> � l4. NoNce�. Any notice to Borrower provided far in Ihia Security In�uument shall be given by delivering it or by
<br /> m�iling it by f�nt cl�.�s mail unless npplicuble law rcyuires usse of anothcr meihad.The ndice ahAll be dirccted to the PropeKy
<br /> . Addresa or eny other address Borrower designotea by notice to I.ender. Any notice lo Lender shall be given by firat class
<br /> mail 10 Lender�i address sta�ed herein or uny aher addrexx lxnder dexign�les by naticc tn Borrower. Any notice provided for
<br /> in this Security Instrument�chall be deemed�o huva becn given ta Borrower or Lender when given as provided ln thie
<br /> '� ,.-.a paragraph
<br />.:;j' ' ,.:•;.ti' ' 1S. Governing Law;SeverabNfty. This Secudty Instrument shnll be govemed by federal luw and the law of�he
<br /> � �'���?K"- jurisdiclbn in which the Propeny is loentcd. In the evem thnt any provision or clnu�sc of�his Securlty Insuument or Ihe Nom
<br /> '' F.��v.R. .
<br />_ �+ conflicts with opplfcabk luw,such conflict shull not uffect other provisions of�his Security instrument or the Nwe which can
<br /> �; �'` be iven effect withow the conflictin rovision. '(b thix end the provisions of thi�s Security Instrument and Ihe Note are
<br />_.� ��k�,'��� �•e• 8 B P
<br /> f.:a,;t;,i„f.,�':,�h°�k.:4, declared 10 be severubic. -
<br /> '�'�"'�"' `�` °' � 16. Borrower's Copy, Borrower shull be given one canformed copy of the Note nnd of thiF Security Instnimenl.
<br /> �:;�'4,'(,}.��;::n, ,�..,�;:�..'
<br /> ,::�.�t.ti.,.,��,.. .., : l7. 7Fansfer of the Property or a Be�eflcipl Interest in Borrower. If ull or nny purt of the Property or any interest in
<br /> v;:� • • it is sold or trnnsferred(or if a beneficiul interest in Bormwer is tiald or transferred and Borrower is not u nAtural person)
<br /> '�"� � ' �`��-�t'�~��" • wlthout Lender�s prior wriuen consent.Lender muy,u� it�op�fon,reyuirc immediutc puyment in full ai ull sumx secured by
<br /> -. .<.,.�;,��,;,,;�;:,•::'.•.,,:.
<br /> -,�,4�.i.;�• �.1�;. this Seceriry Instn�ment. However,thi�:option shull not be exercixed by Lendcr if exerclu is prohibited by federal law t►e of
<br /> �;;::._
<br /> "�'t�. ' the dete of this Security lnsmiment.
<br /> -� 4�' �"•�=�'�' • If Lender exercises thiK option.Lender�hull give Borcower no�ice of uccelemtian. The noUce shall provide a period of
<br /> v, . . ,
<br /> T� ��'�+,�.r;:er� � not Icxs Ihan 30 dnys from the date the notire ir�deliver�J or muiled within which B�rrower must pay All+;ums secured by this
<br /> -'-„ .:�.�°,"�' • :"'''.�'�:�. Security Inxtrument. If Bomower fails to puy these sums prior to�he ezpiru�ion of this periad. l.ender may invoke any
<br /> ' remedies permi�ted by�his Security Inxtniment without further noticc i�r Jemund on Borrower.
<br /> "�+`'' ' l8. Borrower's Right to Reinstate. If Bormwcr mcc�.ccrtuin conditions. Borrower+hull huve Ihe right to have
<br /> "�'>:: . _ . . ` enforcement of thie Se�uri�y In�trument dfsruntinucd ut uny timc priur tu thr eurlier of: lu)5 day�Inr Kuch other periad as
<br /> • ;� SinFle Namdy•-Frnnk M�e/Freddk M�c UNIF'URM INSTRUMF.NT-•Uniform Cuverunu 9/90 (paRt J nJ6/wgttl
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