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<br /> . pq,...0 mq aa{a�r b�nqut�ea��t th.op�ba or L�ade�.u n�oey,�e tn.ar�noe ooven�e c�d�e,awwit.oa br t4 pMioa
<br /> d�■14uaer nqulnls)v}�wlda+bp a�l iq�t�,�od by I.�ader�in beoon�..wiWd..�+i�ob.i..a.1o�n�w�r iNt�.. - .
<br /> _ �lyr.ni�wu�q�h�d.yn.�orinpib�.wat�.lio�+�or W�f1�s.�[�o p�i��tas e��.���'...�.•..���_- ,._�-
<br /> I�xano��i��000rd�noe w�th�+ruY��rriRtao;y*�anait bM�''aio Iloevw�r aad I�wM�cr appiiaib I�w. . � .
<br /> !.I�et1aN. l,a�der a i1��/e�N�mq+�•m�ke raroiMbl�eatria upon a�d ia�xxxion�ot�be�+apaty. Ui�der�WI �vs � ,
<br /> �ru�rer nattoe at tMi tfma af or.pticK•ta an�i�ppedia�N�ecity�ni reMOnoble c�a�e foc�he impeqion. .
<br /> 1�.Ca�Aean�tloa. 1ba ptuoeedy aL�ny award ar cLim tor dau�a.diroct a ooroaquaNlal.in cvrmealoa wifh wy
<br /> ao�dn�o�tiaa a athp'taki�y of�►y pMt of tbe Aropeety.a f�or aoovey�noe Li lieu oi ooadram��tion�w bwabY�d�d�nd
<br /> �h�!!ba psiW to Lendef. '
<br /> ln tha evept af a w41 t�kina of Ihe►Prq�atY•tbe p�uoeed��ull be appUed to the wma tocurod by thi�Sa�uity In�trum�nt..
<br /> wt�ether ar.nat that due� wltb�ny QxoaR p{�d w Bort�nwer. ln�evem of�p�tWl t�kiaj of tbe Propaty ia wNich tbe fdr
<br /> market va{uo of the t�mpaty ImmediMaiS�b�tar�Ihe t�IcinQ i�oqwl w or�rcater than�be unount of tbe wtns reated by U�fs �
<br /> Seauiry tiweummt lmmadi�tdy baforo tlrp taldn8�unleac Borrawa arKf l.erder ctlKSrwlsa w�roe in wridnp�tUa wrr�aoarod by
<br /> thi�Saariry lniduman r�hal bo mdu�ed-by. the�nwu�u of ti►o pcooeede multipliod by the following fracdon: (a) t6e toal
<br /> u:wurr of tho�umr�ecurod immodiptaly� befine�he uking.divlded by (b) tha fdr m�rket v�lue of the Pmpeity imraedlstely
<br /> befone ibe WcMg. My b�l�utpa•sludiib0.p#id w Borruwer. In the event of�putial t�kln�of tiw Pmpotty in which ILe fdr
<br /> n�arket value of tha Propqty immodiqtely before the tWcing b lesi t6an the wraunt of[he suma:ecured imrt�edi�tety before tbe
<br /> Wciog.,unlos�pormwor aod I,tadpr atNerwise agree in wriNng or unlazs applicable law otiurVVlie pt+ovldab tba pmc�e�ed�ahdl
<br /> ba qipllad ta�he sum�te�u►ad,bN�thic Secudty Insuument whether or not the euma Are then duo.
<br /> Ifl dra Propa�q►•iG pb�ntidntil'by Borrower,or if.after notice by Le�dor to Borrawer thAt tbe a�kmrwr offera w mdce an
<br /> �wu�A on,Rettia a.clsiim for�d�n�gas, Honower fnile to respond to Lendor w(thin 30 days aRer the date tl►e notlx ia giveq.
<br /> Leadar ia authpdmed W�colidct and apply the proceads,at ite option,eitbor w�tor�tion or repair of Wa.Pra�taKty a[�tq tbe at�q :.
<br /> �e+cu�d by•thio 8oauiry Insauma►t.whether or not then duc. • . :
<br /> �:nla�i ende� and Borrower otherwise agroe in writing, any appUcatioq of proceeds to principtd ahall not eatet�d ar. . �
<br /> pc�one tho due date of the montfily paymaus refert+ed to ln,parag�aphs 1 and 2 or ctiange the amount of suoq•ps�rments. . ,
<br /> il,BonoM�Not Released;Forbew�aace By Leader Not a Wniv�. Extenaion of'the timo far payment or moditicuion '
<br /> ---- of amo�izatfon of the ayma secural by thie Securlty Instrument grnnud by i.ender to any sucoessor In intares�of Borrower shall. , '
<br /> ---=-= not operate w reJease the liability of the odginal Borrawer or Borrower's succGCSOrs in intcrest. Lender slwll not be roquirod to • •
<br /> commence procexdings r�gainst any successor ln intercst or refuse ro extend time for payment or Whcrwise modify ntnortiz�tion � '
<br /> of the suma"securod by this Securiry Insttument by reason of any dertu�nd made by tha original Borrower or Borrower's
<br /> auccessors in interest. Any forbeAranoa by Lcnder in caercising any �ight ar rcmody ahall not be a waiver nf or precludo U�a
<br /> exacjse of any right or Kmedy.
<br /> i2. Su�s aad Assigm► 8�wad;.iui�ut ru�i f�ve� Li�Wl�i Co�setx. '�'he eavc�is atad sgreasx�tts af dti�
<br /> Secu�ity Iostrument shall bind ond benefit the sucoeuora and assigns uf I,ender wd Borrower, subjoct to the prov�sbns of
<br /> pangraph 17. Borrower•s rnveiwms and ograments sh�ll bo jafnt end several. Any Borrower who co-si�ns this Security
<br /> Inatniment but das na exocut¢thc Nae:la) i�co-signing [his Sec:urity Instrument only to martg�e, grant iud convcy that
<br /> Borrowcr's interest M tlu Pmpcny unckr �he termr of Ihis 5cxurlty In�trument; Ib)i�nut pen;c►nally abli�ated Io poy the rums
<br /> s�cvrod by lhis S�xu�ily Incttument;und lcl ag�thut Lemler unJ uny�Nhcr B��m►wer nwy ugree to eatend,nx�dify, fotbe�u or
<br /> make�ny uccammnJa�i�mx wi�h rcQard to �he term��►f this�Securi�y In�tniment�►r the N�Ke with�wt Ihut Bornuwer's rnn�ent.
<br /> 13. I.osa CIu�rQer.If ihe I�wn�ecuml by thi�Security In�t�umcnt iv xubjoct tu o law which aet�maxfmum loan charQes.
<br /> and�hat law is finWly interprcta! w►that the interewt or�Hhcr I�wn charQea callected ur tu Me collec[ed in rnnnaKion wlth th�
<br /> Icwn exceed the permitted limilx,�hen: (u!ony wch loun churgc shull t+e reilucod by the umaunt nocessYry to rcduce the ciwrge
<br /> tc�the pennitted lie�it;and(b►ony sums�I�rndy coll�ted Prom Borrower which exceeded permilted limits will be refundod to
<br /> Borrowcr. Lcndcr may ch�x►se �o mnke this refund by reducing the prin�ipn� owal under the Note or by mrJcing a diroct
<br /> — ps�yment to BoRUwer. If a refund reduces principal. tlxe reduction will be treuted as u purtiel prepayment without any
<br /> ----- ps�epayment chnrgc undcr thB Note.
<br /> -�-"��-°��� 14, Nolices.Any nutice to Burcower pruviJeJ fur iu Il�ia Sa��ity :�i�trament shull bc givcn by delivcr�ng:t ur by muiliag �
<br />�a�f����:�� it by first class mail unle�s applicable I�w requires use of another methaf.The iwtice shall be directed to the P�operty Address
<br />��=��=!��`-_`u� or any other address Borrower designu�es by notice to Lender. Any notice to I..ender shall be given by first cless mail to
<br /> _- _ Lender's address stated herein ur any Mher address L.ender designates by noticc to Borrowcr. Any notice provided for in lhis
<br /> --�'�.; Securi�y Instrument shall be deemed to have t�een given ta Borrowcr or L.ender when given us provided in this paragraph.
<br /> __�"- IS.Governing Law; Severabillty. This Security Instrument shall be gaverned by federul law and the law ofthe
<br /> -���-- jurisdiction in which the Property is locs�ted. In thc event thnt uny provision or cluuse of this Security Instrument or the Note
<br /> v��,,,� conflicts with applirable law,such canflict ahall nnt uffect uther pmvisi�ms of this Securiry lnstrumeM ar the Note which cnn be
<br /> �'°°°`� given effcxt without the conflicting pravision.To this end the provisions ut'this Security Instrument and the Note u+e declv+ed
<br />`=u"�� to be scverable.
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<br />"^�y=T��y li.Borrower's Copy.Borrower shull be given one canti►mx�l capy of the Note und uf this Security Instrument.
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