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<br /> �. � !.t��.l�wdee or iM wat�qr�nrorMt�teM�.�+rd f�otlo�ol 1M hr�ty►.i,�qK i�l!�� .
<br /> ,. . B�onar�r aotk+�M d»elnr u!'nr Nfar M�i�p�ot�ao�dlyl��woorbi�anw Ibr d�t i�protinM. . . � .
<br /> N,t'w�iw�IM�.'['Ae p�►�o1�d�o�aay aw�nf or�a!�dw��pr� diro�a cuarquaM�l. M aiMNOtior wil� rq►
<br /> � co�da�tioa cK aliqr alcir�d�prt ot dr hq►�t�r�ar bt oe�r�i�liw ot ao�dwwdo�aw hw�iq+�� �i
<br /> �6e1!be patd to Ltndei. �
<br /> iu dM avent d a aW�ida�d the Pnope�ty.ths pwoe�k�h�u be+�1Md b tbe��eoured 1}y tl�9raufey 6w�+Nt.
<br /> whed�or aot tkn due.wNb�I�i atco�p�id W Bormwer.le t6e avaot of a prtW hlcit�{at the Propary io�dr htr
<br /> ayrfuee v�lae ot da Pironerty immadlacdy beto�o�ho Wcin�i�eqiW w or�r�tx�n d�e ar�aunl af�he�aaK�nd by dib
<br /> Seadty Ina�uman immedi�dy bdatie the tddn�.unlaw Horrow�r and l.ader aherwUe ppee io writi��Nw�unt�eawrod by
<br /> d�Soa�dty I� �ll be roduoed by the�mount of the proaeds muldplfad by Ihe folbwina fraaioa: p)the taql
<br /> ,�aaorrM o61de suan exured immedl�tely.bctoro the t�kia�,divlded by(b)tbe fiir muicd value of the Pr�opaty imntediwloly
<br /> be�or�e the qtina.Aay b�4inoe�lull be p�W to Botmwer. In tho eva►t of�putW Wdn�ot the Pnopaty in whidl the fiir'
<br /> �kRt valre of the Pmprnty bmnadirwely befa�e the qtin$i�lea than the apau�t of We wans ta�red imntedlMdy batore�60
<br /> 1tti�.e�ket Harower and I�ende�oUietwise��nao in writin�a�unlaa�pplir�blo law dhawl�e prm►Wa.the proaeed�aWl
<br /> ��PP���the waa�ewrod by tbie�Saa�rity l�aumeut whether a.nat the w�m aro then due.
<br /> lf the Pmpaty i��b�adaned by B�onro.Mar.ot if.r�RRer aotice by Lcader to Horrower thM the condannor ot�as a rtirl�e m
<br /> �e�d or eKlle a cla�e foz aaem�es. Bbtt�o�et[e!!s b r��l te 1 Aider.rietii.30 dnrs�fler t6a d�te tbe �olioe i��ive�.
<br /> La�der is audiorixed to oollect atd�ppiy tho pio�oeeds.�t ita opdoa,eiAi�er to�estor�Aioia ar repir dt dia�rape�tty ar�o Itie s�
<br /> �ewrad by this Security lneqvmem.wLe�her or aot tUen due. ,
<br /> Udtss i�ender md Borrower othe�rise�groe in writing. anpr �pplicMiom of proveods tu priacipl ahNl not�taod�
<br /> poqpom tho due date of Ihe monthlY payme�Ms refetrad W in p�rngwphs 1 ard 2 or chartge 1hc amoYnt of anm pq�rmeols.
<br /> 11.Boreowv Not Rdeded;Fo�a�ra�oe DY l.enda�Not a Waiver.Ezta�sioa of t6e lioe for�prymant vr raodifi�on
<br /> of�mot�w�of the sua�tecunod by tlds Securiry Instruma�t gnnted by Lender to nny sua�escor ln interest of Horrower shdl
<br /> aot aperAto to relase the li�biliq of tha arlgiiqil Borrower or Borrower's su�eswrs in intenat.Lender sA�ll not be roqui�ed w
<br /> commeeco pmceedings a�aainst any euceessor in interest or refuse w eatrnd dme for poyrt�eat or othe�wlse modiiy nna�intlon
<br /> � of the wau �ecuied by t6is Socurity lasuument by � ot any demand mrde by tho odginal Borrower or Borrowa's
<br /> . wooessora In intercst. Any fofiaurupo by Lender in exerci�ing any �ght or nemody slwll not be a waiver of or procluda t6e
<br /> . e�ncise of ony dght or remedy.
<br /> ;2. �a��ad A�Sciv�di Joint�d�evet�t Li�Wflty; �q�guers.The cav�ts wtti r�'aar+e�us at' thi�
<br /> , .. �SavdtY lqatrumrnt shall bind and beneflt the suocGSCO�s nnd asaig�s of I,ender.pM Bortower. subject W the provisior►R of
<br /> :�p�r�ph �M7. Borrowcr's coverwnts aad �greements shell be joint and sevcrnl. My Banrower who oo-signa this Scxudty
<br /> ', Inehument but daes not eaecute the Nae: (a)is casign:ng this�c.,�t::::; Insuument only to mortgage.grant and convcy ihat
<br /> � Hornawe�'s intenst in the Propetiy under the lemis o1'this Security Instruma�t;(b)is not personally abligeted W pay the sumts
<br /> socurod by this Security Inatrument:and(o)agrcxs that L.ender and any other Bomower may agree to extend. modify.fo�fiear or
<br /> '. m�lce any axommodations with regand to the term9 of this Security Instniment or the Nae without that Borrower's cunsent.
<br /> 13.I.a�a Chprges.[f the loan secured by this Se¢udty Instn�ment is subject to a law which sets m�cimum loau chor�es,
<br /> and tiwt law is flnally interpreted sa that the interest or other ioan churges rnllceted or to be collGCted in connoction with the
<br /> loan exooed the permltted limits,then: (a)any such loan cherge shell be nxluced by the smount neoessary to r+adua the charge
<br /> W the permitted limit;and(b)eny sums almady collectad from Borrower which exceeded permitted limits wltl be refunded to
<br /> Borrower. I.ender may choose ta make this refund by rcducing the princfpal owed under the Note ar by nwking a direct
<br /> paYmant ta Borrower. If a rePond c�educes principal, �he reduction wlll be treated as a partial P�paYment wlthout any
<br /> pnepayment cherge undcr the Note.
<br /> 14.Notices.Any notice to Bonower provided for in this Security Ingtrument shall be given by delivering it or by mailing
<br /> it by first class mail unless applicable law requires use of another method. The notice shall be dir�ected to the Property Address
<br /> pr any other address Borrawer designates by naice to L.ender. Any notias to i.ender shall t+e giveo by first class mtul to
<br /> Lendor's addrcss stated herein or any other address L.ender designates by notice to Borrower. Any notice provided for in this
<br /> Savdty Inswment shall be deemed to have been given to Borrower or L.ender when given ac provided in thia paragraph.
<br /> 1S.Covereing Law; Severability. This Securiry Instrument shall be govcrned by icderal law and the law of the
<br /> judsdiction in which the Property is locnted. In the event thut any provision or clause of�his Security Ins�rument or the Note
<br /> rnnfliets with applicsible luw. sueh conflict shall not affect other provisions of this Securiry In�trument ot�he Note whieh ean be
<br /> given effoct without the contlicNng provision.To this end the ptovisions of thic Securiry Instrument and the Note are declarod
<br /> ro be severable. �
<br /> l6.Borrower's Copy.Borrower shall be given one confornied copy of the Note arul of this Security Instrument.
<br /> Fam 3026 9fY0
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