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<br /> pnjerps(s may no�lue�er bC teqaued..st ffie bptioa,of I.eader,if m6it�e,vowiaoce cov�ra�e(in tie�radooal alod fat I�e �
<br /> lh��i�rckr Teqsires)Prs�ded 69r in ia�a��oval by LbeAic�`�D°'oollks��bk�a¢is<�pa.Hodnw�er�pa�<�;
<br /> - ` Ei�e P�r�e�c+ed to rmintana mor�e�spran�x in effax,a�tp provide s loss��seive,o�tLe cequ�mn�eof for n00t�c• < < ,
<br /> -.i�ammoe e�ds m aorat�dm�s with�tyt wFittetz�ent i�iwxn Bor{uwa auod"l�eada'�aQpiicablt 1avr. ` � . `
<br /> � !.�.�i�ehaer ar!ta agax�Eony m�te nasomblq caaieg a�r aoa i�peaions of ttie Pmpaty.`%eoder sbau givF
<br /> Bonower votioe at the time of or prin�t to an ii�sP'xtion spxi�$ceaso�bte cau.ge for t6e iuspe�ian. ' � . � ° '
<br /> : �__ 1�.:C�io�.�Tha�rooeais.��any�awa�d uf c1�i�rR_far.�gss�duect�aonsoqu�rtialt in.conoa�ap,�rill��r ._ `,--
<br /> out�dann�tioa or a�t6er tafcing af aa�r p�rt of t6e Pmpecty.�or for conveyaroe In t�eu of�ion,u��y a�gnOd�od
<br /> _ . s6a11 be�paid ta I.eade� . ••' '_ � . � ,
<br /> In t!�cveot sif a wta(tating of t�ProPeRY.tba pmoeod�sl�all6e applied fln the sams sa�uQd bY..tbis Sa.uriry I�ttn�t.
<br /> wixNra or mt.tHm doe.wi�h�►Y,excess psid W 8atmbit�In�e evsat af a�art�al Yaftittg of the P[upert,�r�ie rrBicb the'.fait . ,�:
<br /> matica vatae.of Sbe PnopeitY�Y�����8�����°r$rata t�1be amo�t of tbe_su�saamd 6y tl�s = .
<br /> , Saauity I�mm�odi�ly befone the ralnng,untess BorroWer aaa Lrnder otlkcwise pgnee in�rri6ng,tbe s�mos sewr�,d by .
<br /> tI�5auricy,_Instiume�rt shtt{6`s reduoe�by tbe unount of`tbe proaeds�uutt'iplied bp d�e fdk►wing fi�cGoo:([)tbe tr3t�i '
<br /> ' amouffi of d�e s�s socau�d immedi�ely befoce'the talang,divirled by(b)the fair mu�cet v�li�c of d�e Pmpaty imme�tdy .
<br /> — � befa�the tating. Ang b�i�cg s6�1t tre pud,to•&►rtower. 1�the e.weht af a�artia!�g'of 1be Piopecty�in wlric�tbe fair '-
<br /> i�arka vaiue of tbe Prop4rty immediraety befoc�tbe.taiting is.les�than tt�e amount of the sums sahund immodiatdy bafaf�s tht
<br /> taking,unless Bormwcr and Lealer otLeiwisf s�e ia wr�ing or anless applicable law�odxrwise�rovides,tb�pnooeeds shari . '
<br /> -- . be applied w the s�sewred by this Seairity j�nnqent�or uot the suu�ar�thr�due. .. � .
<br /> __ _ . If thc Propecty.is abandonod.by Bortower.or if.afta�iatict by Lender W Bo�mwu that the wtdemnor dffers w m�tt�
<br /> - award or saNe a eta�n.for�. Bo7ravver fails w Tespond to Larder wittun 30 da�rs attcr die ciatc the aaia is givea, ' �
<br /> � IxMer is autbori�ed ta coUect anQ apply tbe procee�s.at hs aption:eid�eer w nstoiation or npair of the Propmtq or ro tLe su�,
<br /> - se�uned bY this Se�vrity Inswment.whether or not then dae.
<br /> - � ' Unless Leader and Borrower.otlKrai.sc agnee in wridng. anY �Plicatfoa of ptu�eals to principal si�at! uot exte�d or ..
<br />-_�� �_ postpoae the dne date of the monthly.payments referced w in pac�aphs 1 and 2 or change the aaiouiu of such paymeara.
<br /> ..�` � -N.Bor�ver Nut��tdaeed;Fa'Lentnnee By-I,e�der Not a 3�Ysiver.Extensioo�the time foc payment ur modificatioa -
<br /> of amocti�tion of the swm secured by this Security Instnunent granted by Lender to aay suocessar in irterest of Borrower shaU.
<br /> ;'.,: no't opecate to eielease the liability of�he origiaal Borrawer or Hormwer's suocessors in interest. I.ender shaU not be reqoinetl w '
<br /> oommence prooerdings against any saccessor in ime�est or refase ta eMertcl tftne for payme�rt or other�vi�e modify amorti�ation
<br />-.�'�-� of the sums sewr�d try ti�is Secarity Instrument by reason.of an}r dem�nd made by the origitral Borrower or Bomnwer's.
<br /> ' succes.gors in imec�st. Any'fotbe:uance by Lender in exercising arty rigM or remody sf�all not be a araiver of or pr�ch�de tl�e
<br /> exercise af any right or nmody.` _ �
<br /> 12. Saats�ois a�id A�Bonnd:Jdnt and Several LiabWty; C.o-s�nas. 7'he covenants and agreeme�us of this
<br /> _ Securiry l�ru�t�ent stiall bI�rd�ar�beaefrt the �sars aad assigns af I.ender aad Borrawet. subject w the provisioas of
<br /> paragraph l7. Borrower'�covenarns and agre�t�ents shall be joint ard seveial. My Borrovver who co-sigas this Security
<br /> ;�. _:• Instrument but does not execute the Note:(a)is oo-signing this Secarrity Tnstnunent anly to mortgage.grant and corney t1�at
<br /> _ " � • Borrower's interest sn thc Property under the terms of this Secudty Instrument:Eb)is not personally qbligated to pay thc sums
<br />- : , _�'�..-.,,�. -- secured by this Security Instrument;and(c)agrecs that I.ender and any other Borrowcr�may agree to extend,modify.forbar or
<br /> - `;��-=.,.;'�,� '� make any accammadaRions with regard to the tem�of this Security Instrument or the Nate without that Borrower's oonsenl.
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<br /> °- 13.I.oan Chatges.lf the loan serurcd by this Security Instrument is subject to a taw which sets maximum loaa cirarges, �;
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<br /> � and that law is finally interpreted So that the interest ur other loan charges cnllectod or to be cnllected in connection with the
<br /> �n
<br /> - t�'�` " loan exceed the permitted:limitc.then: (a?any such loan charge shall be reduc�d by the arrmum necessary Ro reduce the c6arge
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<br /> ,;;�,°:�='_'�� �".-� to the permitted limit:and(b)any sums already coli�fmm Borrower which caceeded permitted limits wiU be refundad to
<br /> -- � �^`�'�- . . Borrower. I.ender choase to make this refond b redacin the c� 1 awod under the Note ar b malcia a direct ' �`
<br /> �,.�,,,�- . �Y Y S P� �Da Y S �:
<br /> � =�,��,..;; ` �, paYment to Borrawer. If'a refumi reduc�s prinripal. thc raiuctian will be treated ati a partial prepayment without any �'
<br /> - �'f..:�::-: ' #c� PrepaYment chatge under the Note. _ �','
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<br />_ ._�y. ` 14.Notic�s.Any natice to Borrawer pravided�for in thjs Security Instrument Sha1E be givcn by delivering it or by mailing ��'
<br /> . ,�,_�_ • it by fir�t ctacc mail unless appticable tuw requires use of another mcthad.7'he natice shull be directed ta the Praperty Address
<br /> ��:.;:_.. �` or any other addres4 Borrower de`sig�tes by natice t� Lender. Any notice tu Lendcr shalt M; givcn by iirst ctass mail to �
<br /> - �-- �``' � Lender's address st�ted herein or�ny Mhcr adAress l.ender desf�nates by natiee ta Sarrowet. Any natice pravidod for in this �`
<br /> `��"',�+` . . Security lrtstrument shall be deemcd ta havc bcxn given tu 8orn�wcr nr l.cnder when givcn ac providcd fn this paragraph. �:
<br /> - ;'�-� 1S.(�overnit�g l.aw; 5everebf{Ity. This Saurity In.titrutnent shall be govemed by P<xieral law and the law of the•
<br /> jurisdlction in whlch the Property is lorataf. 1n the event that any provision ar clau�e��f ihi�Sc�curiry In.�trument ar the Note
<br /> ' .��� " . • � conAicts with applipble law,such ccmflicK shal!not uffect other provi+ions of thi�Security ln�trumertt ar the Note which can be
<br /> .�^A�:' `:�.` Siven effect without the mnflicting provision.T�rthi�end the provisions of this Seeurity lmtrument�nd the Nate:ue dectared
<br /> Et� -ir-t.:' � to be severablC. � � . '
<br />_ Y`•�=�=• • 16.Borrower'!t Copy.Bnrtowcr shall t+c givcn onc confntmcd ropy oi thc Notc:md of'thiti Security In�trumcnt.
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