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<br /> . candemnaaan a atber m�Cing of aay pa�n of thc�rop�e�ty,or'fa aoav�eyance id lieu 4f coMemoation.�e�by assignpd aad ; �
<br /> . sbttilie�idtol ender. ' . • � • � � _
<br /> � ° ° �n the Crent of a wtst�ng oF tLc P�opesty.tl�e pmeads sb�!!bc appliat to�e s�s smat�d by tbis Sxarity•, `.
<br /> ' Insamneat.�or not t�cL�e,wnh airy�oess patid�o Boaowu. Ta ent of a paruat tatiag of�e Rnperty in , .
<br /> ' . wfiich the�air m�a�ket vaWe of tbe PrQpetty i�na�auly bet�e tbe taYiciB i,c�l W or gn�ter tUaa tt�mnawu af the smns � .
<br /> � � -saxn+ea bl!ih�s-�xwit3►�o�eet im�i�F bCfane tLe taking�- - - "f�oau�sa.and Le�der otLerwtse`$gt�te in wntitiu& . _ . ` `
<br /> ' �, me�im4s securea isy mis so4vrny�c sbati be reaa�ea by the �of rt�e pcocee�s maltipliea by rlie foHow;ng
<br /> . �a c t i o n t (a)�be.notal amoaa�of the s�s aec�ed'mm�ed'iadel p befoSie ti� �n g,divided by E6)the f�ir q�artcet vatue of t1�e
<br /> . `pmpeity immedis�eiy befoie the taltin;g. Any'6alanve sha11 be paid w prer. In the eveat of a par6at i�ting�f t5c. .
<br /> . ' Pmpe�ty in.efiicb the fai{asartcet value of�the Propeity irim�ediatety 6�fore the tnl�ing is less than t�e amount oY d�e smfas .
<br /> � � sa�med.�ty`i�fa+e die Cdci�ig,amic�Bonower aad�I.eaAa oihe�rise agc+ee is v►�i�ng or tmiess applkable 1aw .
<br /> -- - aRMe�wise.pm�vides.-t11e proceeds`sha11 be appdiefl to tlae sums sawned by Wis Security Instnune�wt�aher or not 1be sans ane
<br /> thm duG `
<br /> �f�tbe pmperty is ahendonod lry Bormwer,or if,after notice hy I.cnder W Borrdwer that t?x condenmor offers w matce
<br /> an awr�C+d or.seuk a ciana for da�ages.Borrower faits w iespond to L�nder within 30 days,at�cr the daoe tt�»otioe is givrn,
<br /> - L�eader Is�tv evUxt amd appty the proeeeds,at iLs opdon.either.to cestoration or repair of tb�Propeny or to dte
<br /> snms 3ecuned hy this Secarity Iastrnment,wl�or aet tben due.
<br /> Ualess La�der aod Batuwer ottn.nwise ag�ee m wr'stinS•�Y aPP���of pr000eds to princzpal shaR not exund or _
<br />--=- — �the dpe dau of the monthlY P�Y�nfemeG to in puxgaphs I aad 2 or change d�e aanourtc of s�ch paya�ts. '
<br /> =_ �11. Bahower Nd�Rdaa�ed; Tafipeaace B� I.ender Not a Waive� Eueasson of the time for.payma�t a
<br /> ;�i modifica�nn of�an of th4 siuds savird�Y this Secuti�Y�ite�t!�amed bY l�der W any su�s.sor in intenest
<br />-;- of Bormwer shalt not operatt to relFase t3ie liability of dte aiginal BcKSOwer or Borrower�sucaesso�s in�ntecat.Lendei
<br /> =_ ' � . sAan mc he ieq�ined m cx�umenoe p�moee�s agarosc aay s�,�ressor in iatenesc or nfi,se w ext�ad wde tor paynient or
<br /> _- atherwise'modify amortization of the sums secured 6y this Secutiry im-trwnent by crason of aay dernand apde by the original .
<br /> --- Bamawer a Bonowerk swxtssas in int�nst. Any forbearance by l.erde�in ezemi�n8 aay right or remedy shal�not be a .
<br /> ' waiverof orpncWde the execeise of any rigbt or ntinedy. � .
<br />: 12. So�sors sad A�Baandi lofM and Several Lia6Dlty.Co�r� The covenants aad agr�tents of this .
<br /> Sa�rlty In.amtmen[shatt bind and ber�eFt the�essor.c'a�assignc of�.ender an�Bonva�er.subjeet to�pmv'uions of _—
<br /> p�apb 17.Bamwer�covenants and agreements shall 6e joint and several. My Borrower who casigns this Sec�uity
<br /> _ Y L�swment 6ut does not execate the Note: (a)is co-si�ing this Sec�rity In�nt only to mortgage.g�ant and c�onv�y that .
<br /> ':�'-4. Bamwerk imec+est ln die Pmperty anderthe terms of this Sec�mty bu�romen� (b)is pot personaliy obligated3o pay the sums -- -
<br /> ,�'-'.^.��`�':��:�.�� secuied by tlns S�curity Iasdament:and(c)agrees that[�,mder aqd any other Bormwer may agree to extend.madify.farbear� . =--
<br /> -'=-��?` or make aay acoommadations with rega�d to the term.g of this Security Instr�ment or the Note without that Bormwer's =___—
<br /> - � , c,�x�sen� , . '
<br /> . ""•• '` ' • ' l3. Lan C6�rges. If the Ioan gecured by this Security Insuumeat is subject to a!aw which sets maximum loan ____
<br />, T_:r,.,`,',��- diarges,and that law is finalty�aterpreted so ihat the irrten�st or other loan charges coAecced or to be coltected in connection � -- —
<br /> :�,,..;-.s—_.'_ . - wi�t tAe loan ezoeed the peimitted limits.ihen: (a}any such loan charge shall be reduced by tde amotmt�cessa�y to raiuce = Y
<br /> � s ' •� the charge to the permitted limi�and(b)any sums already collected fmm Borrower which ex�xeded pemtiued limits Will be � i
<br /> • � ` '-'�_ . � reiunded to Borrower. Lender ma choase w make this iefund redUCb� the �ipal owed under the Note or makin a _ _
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<br /> �� " �� �S . • direct payment to Somower. If a refund reduces principal.the rectuction will bc ueated us a partial pmpayment w�thout any �.�"�:
<br /> ;.� �`�- , p�epayment charge uuder the I�[ote. _ .;"`�"K_�
<br />- � �'"�''"?� ''� 14. NoHoes. Any notick to Homower provided for in this Security Instrument shall be given by delivering it or by "�"�"'�
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<br /> � � " ' mailing it by fitst ela�.4 mai!unless applicable law requires ase of anather mett4od.The notice shall be directed co the Property . _.. �.,.-
<br /> : a . . Addiess or any other address Borrower designates by natice to l.ender..Any notice w Leader shaii be given by f�rst class °;,�:���
<br /> �':= `'°'•�• ma�'1 to L,eRder's address stated herein or m�y ather addnK.�Lender cle�ignates by notice to Borrower. My notice provided for
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<br />= '��:'�=-'�-'—� • in this Secutity lnstrument shall be deemed to havc been given to Bmrower or Lender when�ven as provided in this '��" •�,'x�.:�.
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<br /> �'^r ..'�.�-'� � ��1.5 Goveniirtg Law�;SeverabiRty. Thix Sernrity Instrument xhall be govemed by federnl law and the law of the • -.
<br />..� `�''-' -" . • ' jurisdiction In which the PropeRy is lacated. ln the event that uny provi�ian or clause of tbis Securit�r Instrumeat ar the Note . ' �
<br /> -_ ,�� � < cantlicis with applicable luw.such conflict�hall�m Affect ather pravisionv of this Security Instrumcnt nr the Note which c�n �
<br /> . • :k,k f;�: , , be given effect withaut thc conflicting provision. To this end thc pmvisinn�of this Security Instrument and the Note are �� �
<br /> :�,e;� . . declared w be severuble. i _.
<br />- :�,,,.�,,.. Ibr Borr+awer's(.'op�. Borrower�hall t+c given�ne conformcd copy��f thr Nou:and��f thi�Sccurity la�trument. f � -
<br /> , - '.'�`��� ' - 17. 7fa�ter o�the Property a�a Benetkiat lnterest tn Surruwer. If all crr Any p.vt ot thc Propeny ar any intere�t in �
<br /> -- - "' � it ix svtA c�r trumf��rre�f(ar if o heneficial imete�c in&+rrawer i�sold or tra��Fcrnd and&�rrawcr i�rtat a oatural persart) • , -�
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<br /> • � '• : without Lender�prior written cun+em.Lendcr mAy,at it.optiun,rc�{uirc immcdiacc p•rymem in full of all�ums securcd by . ' `
<br />� :t.-.�,. , . ' this Security In.urument. Howevcr.thi!+aptian tihall nar be rzcrcized by L.cndrr if exeni�e i�prahibited by federullAw as of _
<br /> , . the date of thls Secnrity Imtrumcnt. ,• .. -
<br /> � • If Lcnder ezercises this updon.Lettdcr�hali give B�m�+wer natice of suceleruti�m. The naticr yhall provide a period of , _ _.:. .--..
<br /> '�� not fesv than 30 days from the dutt the notice is delivered or m•riled within which Barrower must pay ull sums tiecured by thiw �. . .
<br /> `' ';�;;i� `�- ` Securiry Insuurttrnt. !f BorrowSr fails to pay theye sums priar to thc capirntion of thi�periad. Lencf�r may invoke any (� � • �
<br /> 1�, ,•.` �; � . c�emedies p.mnitted by this 5ecurity Instrumem without funher notice ar demand nn&�rtower. , ,
<br /> �-- . • ' ' 1& Borrawer's Right to itelastata If Bormw�v rnret�certai» wnditiunti. Hurcowcr sha11 havc the right to have � . .
<br /> ' ' - � enfotcement of this SeCUrity ln�trument diuontinued at any time prtor to thc eurlicr uf: (a)S days(ur tiurh other petlod as
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