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<br /> qw pre�f�eer nqidnd ea aai�nar�e in�w�noe ia efhct,ar e�provkM�lo�re�wv��radl ths rq�ina�t�Or�an�� .
<br /> bwu�di��c ia�ooad�noa wkA+wy wdWn s�+ent batwam Honow�ar aod l�a�der a'�pplic�bie law. . .
<br /> !.Lrp�elb�.[.+aider a ita�emt r�qr eNk�a rsa�oa�ble awries upon aad lmpe¢dom oi tbe Properry. Lwt�iar�W!Rire
<br /> bnow�er notioe�t t6e time otor prior to aa i�up�ciion�pedfyi�y ra�aibk awe tor tbe iapocsioa.
<br /> 10.Ca�d�tia�.lLe pnocbed�of wy aw�rd or cl�im far d�ges.dltect ot�on�equeatial. in aoaoe�dloo�vitb any
<br /> oondann�tioa a othe�hk1n�ot aay p�rt of tbe PiapaRy.a for oonvayarpe W liau of 000dama�tbn�are hemby�ei�oad�ed
<br /> �hal!be ppid to I.�endex.
<br /> In the evaq of a tota!takiog of tUo Prnperty.the prncaed�atMlt be�pplied w 1bu�ns tocu[ed by this Searity ioww�plD�,,-.
<br /> whetber or not.tl�en due.wlt6 my eavess pid W Barcower. la t!w��aau of a p�Rl�l qki1�af the Propaty io w�iicb tlle'�t; ,
<br /> market v�{ae.ai�Pmpecty immedlaWy befon tLe Wuug is e.quAl Zo br.grc�ter d►an the amow�[of the ma�s:�ued by�,.
<br /> Seau'�t��rnstrt�mc�nt ununeAl�lely befa�e the ukiag. w�ai BwmvYec arsd�bMer otberwise agroe in writln��the wm��eau�ed by
<br /> t4is;'�eeit�ty Xnst�tument shall be roduaod by tk amonnt of t6e.pr,ocxrods multiplied by tho foUowin� fisctlon: (a)tha Wtal
<br /> ur�oqat oi iGe sains securod ima�diately befon the talring,divWoa �y(b) tlio fair m�dcd velue of 1ha Pnupaty immed�tely
<br /> before tbe tnk;ng. My brlanco slwll 6o p�id w Borrower. in the eva►t of a p�rti�l taking of tha Propetty ia whicb the fair
<br /> nuuket value of the Property immediuely befom the taking i�less than tha�mount of the wms�ea�n�d tmrnediMcly bcfa�e tha
<br /> ql�in�. unlec�Hormwer and la�der otberwl�e�nee in wrldng or unlma�pplicable I�w aherwl�e provida. tbe pooeeds�1!
<br /> bo applied to the wm��oairod by thi�Secudry Ia�tnuneM whatl�er or not tho au�u are then due. �
<br /> --- ]f the Pr+opetty ia ebu�doned by 8orrotrer.or it,sftet trotice by I.ender w Horsower thet!!x cand►aaior oKaa w mdce en '
<br /> �wiud or�eltle�cbim for d�nw�a. Bc�rrower fi�ib to roapond w L.emlar within 30 day��fler Iha d�te 1he notke i��fven.
<br /> t.ender ia outhodxed tc►coll8ci rrid apply tho proceed�,at iro option,either w oaaaatbn or ropplr ot the Pmpeity ar w We wnu
<br /> �ocund by�hia Socudty In�trument.whothor or ant�hcn duc.
<br /> Unk�r l.ender and &N►awer al�nviK yroe in w�iNn�. �ny �pplication af'pnxeeds w princip�l �IWI not oxtend or
<br /> powpnno�ho duo d�uo�f Iho monthly p�ymenlx rcfernai to in pa�ttphr 1 utd 2 or ch�utQe the artKwnt of cuch p�ymento.
<br /> 1l.BorroMer Not RNw�di RorbMnn�e By t.eader Not a W�Iva. Exten�lon of Ihe lime for p�yment or modific�tlon
<br /> of wnartitation of the�unu Racunod by thie Socudty Instrument�rantod by Lcndar to any sucoe�or in intercst of Borrowcr slWl
<br /> not operate w rcleuso thc IiAbillty of�ho o�f4insdl Borrower or Borrower's succawrs in inte�xt.Lende�si�ll na be requirod w
<br /> commence procadinQs a��inst ony wcoessar in intercst or refuse w eaund[imo for payment or othernlse modffy omort�tion
<br /> of the wms savrod by Ihia Socurity Instrument by rcason of any demond m�de by the original 8orrowa or Borrower's
<br /> u�o�c�rs in inten.ct. Any fefiearanc4 by I.e�der in e�sraiRing any �ight!+t remedy sh�tll not he a wAi�t.��'�+*MxJwk Ih�
<br /> exencise of any right or rcmedy.
<br /> 12. Sucoa�so�s ai�d Asd�na Bound;Joiot and Several LiabWty;Co-slgoers. The rnvenants and agreements of dus
<br /> Security lnstrument shall bind and benetillhe successo�s and assigns of L.cnder and Borrower. subject to the provisbns of
<br />__ pangraph l7. Borrower's covetwnta and agrennent4 ahall be joint and xeveral. Any BotTOwer who co-signs this Sxqrity
<br /> Instrument but dces not execute the Note: (a> is co-signing this Secudty Ins�rument only to mongage. grant end convey that
<br /> Bc�rrower's interest in the Property under thc terms of this Security instrument;(b►is not personally obligated to pay the aums
<br />- secured by thia Security Instrument;w�d(c)agrees that l.ender and any otber Borrower may agree to extend, madify.forbear or
<br /> -- make any accommodetions wilh regurd to the[erms of this Security Instrument or the Note wlthout that Borrower's consent.
<br /> 13.I.aan Clwrges.If the loan secured by this Security lnstrument is subject to a law which sets mazimum loan charges,
<br />._ and that law is finally interprcted w thal the iixcrest or ather loun charges collected or to be callected in connection with the
<br /> -- - losin exceed the permitted Iimi4g. then:(a>any tiuch loun charge shall be reduced by the umount necessary to reduce the chazge
<br />- ti to the permitted limit: und(b)Any swm alreudy collected from Horrawer which exceedad permitted limits wfll be refunded to
<br /> �i� Borrower. [.ender may choose to make thls refund by reducing the principul owed under the Note or by making a direct
<br /> payment to Borcower. If A refund reducc� principal, �he reduclion will be Ireuted as a purtiul prcpayment wilhout any
<br /> prepayment charge under the Nc►te.
<br />- 14.Notiees. Any natice to Borrower provided for in this Security Inswmem tihalt be given by delivering it or by mailing
<br /> it by first clags muil unless applicuble luw requircs use of another method.The notice shsill bc directcd to the Property Addmss
<br /> or any other uddress Borrower designutes by notice to Lender. Any notice to l.ender shnll be given by first class mail to
<br /> L.ender's address stated hercin or uny other uddress Lender designates by notice to&irrower. Any notice pravided for in this
<br /> �R,;;g� Security Instrument shall be dcemed to have been given to&irrowcr or l.cndcr when given us provided in this parugraph.
<br />-;;��-------:�� 15.Governing Law; SeveraMlity. This Sew�ity Ingtrument tihull t+e govemed by f'edeml luw s�nd the taw of the
<br /> : jurisdicti�n in which the Prapeny is lucsn��d. In thc event that any provisNm or cluu+e of thiti Security lnstrument or�he Note
<br />—;=�`°%`.'.�;�': conflicts with opplicable luw.such conflict shull ncit uffect���her pmvisians of thi,S��uri�y Imtrument ur�he Nntc which can be
<br />'+� �'ya given effect without the conllicting provision. To this end thr pr��visi�ins uf�his Securi�y Instrument and the Nute an Jeclared
<br /> �.r..,
<br /> � �;•��=L«°r•- lo be severable.
<br /> �'�"""� 16.Borrower's Copy. Borcower+hull br giva:n one r�mti�rm��J cupy ol'thc Nutc unJ uf this 5ecurity Intitrument.
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