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<br /> . ` �.�.t.Gl7f�C[07115 i�gCfQ II13J1 IO�CE iCdSOII�f�C CA�IiC5.1[j10R 80�yOS�Olx101iS Of�IG�I+[lpCRy:��.EIIdCI S��gl c `•
<br /> Bqimr�rec mtiae�t thc tim�of Qr pt'i4r w aa i�on specifying nasodabie c�for t6e mspo�tiun. • . _ ��
<br /> ` � 1�.�o�.`Tlte p�oe6ds oC amr awa�d'or c(aiai foi dan�agas;diirct or�in wtu�- : -
<br /> � wode�tipn or other taidng of siry�uut of tl�e P4�vpertq,or for oonv�yanoe ir�litu of wnde�m�aaar►,are ijercbY.�8� �
<br /> � � s�lJ be pa�to t.eridcr. � - ` • .
<br /> ` ' In tLe evmt o'f a�tat piti�ag of the P�open�r.dx pmpceds shait be a�pplied w tbe sums senr�+ec1 by this 5a�rigr Tn�su� ..
<br /> . whatl�r or aet t6en`due.with au�►•a�aess�d w Boaa�wer. In tbe evenc ef a.�rartial taking of d�e�roperty in w6ich�e tair' . .
<br /> � 'unater vaioe of the Propaty immedia�dy fieEot+�the�taitin�:is a�ai ta or grc,�tec�han tho�nwant of the sums sa�red 6yr fhis
<br /> . �Security Instn�ment imiued➢attly beYote•the taJriag,t�ess Botrower aud I.e�rk��se agroe in writing,the somS•s�bY <
<br /> ttiis�Secvdty Imyrarnent shatl be c+oduoed by tha a�noant of the grqoeeds mul6plied by ihe faflownng fiact�oa- (a)d�e toj�
<br /> �uuwnra of the s�ns secvmd immediate[y bcfpre the talcing,divided bq(b)tl��air ma�st.value pf the Prope�ty ima�ed'�atety .
<br /> • be�ore the talang. Atgr batanoe shal!be paid tQ Borrawer. In the ey�rt of a partiaf taiung of the Pmpaty in w6icD the fair
<br /> . ` �vatue of the P[operty�mmadiately trefare the taldng is Iess than the amount of the strius seaued imme�dy 6efot�tbe
<br /> , takie$,unless Borrow�r aad Iender o�i'se agree its writi�os anless appliraWe law otberprise ptrovides.the pFOOOOds s6aU
<br /> be applied to tht stuns se�ued by this Securi'ry I�utnunertt whedrer or not t6e sums are t�ien due. <`
<br /> • If the 0'opetty is abandonod by 8ormwer,a�if,after aotice by Lender w Barrawer tl�at tue wn�lecruior offers to make ad
<br /> awud or seuk a claim for dam+ges.Borrower faits to r�pond w I.endei within 3Q days after the date the notice,is given, .
<br /> — l.ender is authorized to cotlact aal apply d�e pmceais.at ts option.either to restoratian br mpa'sr of t�Property or tatAe samc
<br /> secured by+this Soauity Inspument.�xher or not then c ae.
<br /> ' U�dess I�ender and`BorroWer othetwise agree in wciting. an7G.epPlication of pcoceeds w,principal shalt not e�tend or _...
<br /> _ � pQStpu�tbe due clare of the monthly payments refeaed to in par�agraphs 1 and 2 or�tY�e�uwuat of such paym�eats. �
<br /> 11.Borea�ra l�at Rdeascd:Forbprance B�r Lender 1� s�W�iver.Extension o the tijpe for payment or modification-,
<br /> �r
<br /> of amortization of the sums socured by Wis Security Instrument granted try Lender w any successor�n interest of Borrower sbaU
<br /> - _ nnt operate to release the li�bility af.the orig�lal Borrower or Borrower's succes.sors in interest. Lender sball not be reqiiired to. .
<br />-- ommrtence proceedi�tgs a�nst any sucoessor m interest or refuse to extena ame fbr payment or othen�vise asodify amPrtizatims -
<br /> of t6e sums secured by dus Security Instrument by reason of any demand m�uie by the original Bomower ot Borrower's
<br /> � .;sua�cssors in iutcrest. Any fofiearance by I.endbr in eae�sising any nght or remedy shall csot be a waiver of ar pm�iude the •
<br /> ' . exercise of any right or remady.
<br />'=Y-,�,,�.�„�,.� 12.5aoc�soes and,Assigag Bonnd: Joint aad Severat LiabilIty; C�rs. The wve�ants�nd agreemeats of t6is
<br /> - Security Instrutt�ent sha11 biM and benefit ihe sacc�sors and assigns of Lender and Sorrowec, subjeci to the provisions of
<br /> -- ' p�agraph 17. Barrower's covenaz�ts and agreements�shail be joint and several. My Borrower who ao-signs this Security
<br /> I�st�ument bnt does iwt execute the Note: ta>is co-s�gning this Seccuurity Instrument anly ta mortgage, grant and convey that
<br /> - Borrowec's iriteresi in tlie Pnoperty under tbe tetms of this Security Instnirnent•(b)is not personally abligated to pay the suras
<br /> s�ired bp this 5avrity it�suument•and(c)asrees that Lender and atry othcr Borrower irray agree.to eatenQ. madifY.for6ear or
<br /> . �' m�ake any scoonanadatians with'nry�ard to the tem�s of this Serurity Instrument ar the Nate without that Borrower s canseot.
<br />_ ';� , ,�,,�:*'.; 13.Loan Clwrges.lf the loan aecured by thia Security instrument is subject to a!aw which sets ma�cimum laan charges.
<br />_ +;.�� '; :�?'�«�:'-' and that law is fit�lly interpreted sa that the interest or other loan charges collected or fo t�e collected itt cannection wit}�the
<br /> � • J;_ �,: _ loan eace�d tiie permitted limits,then: (a)any such loan charge shali be reduced by the amoum necessary t�redure the charge =
<br />;�, : -:• ,,:Y�; ; ta the pem�itted limit:and(b►any sums already collectai from 8orrower�vhicb exccecied permitted limits will be refunded to �, ____
<br /> .• :;`�r Borrower, l.ender may cha»c ua »�nke tUis refund by r«lacing [he principal owecf under the Note or by making a direct �t.4�
<br /> in
<br /> - - payrnent to Bc�rtowcr. IE a rcfuncl recluces pri�t��ip�ai. the reductian wi8 be treated ati a partial prcp:ty�mM►t withaut any ��.-_—
<br /> � prepayment charge under the Nrne. �r�-
<br /> ' 14.Notkes.An noticc.ta Borrower r�vided for in thi.Securit Intitrument�hall hc wen b deliverin it��r b mailin ��°=y
<br /> .-„ Y P Y s� Y E Y S :::���,:-y,.
<br />"�� -� .. it by first class mail unlcsc appiirabtc law rcyuin.w u+c��P anothcr mcthod. Thc naticc�hail hc dir��ctcx!tc�the Pmperty Address -_
<br /> ,,:::.:_��,:.;;:�=�-•: :•'� or any othcr address Batr�wer designatcw by n�►ticc: tu I.endcr. Any nnticc tn Lcrxtcr+twll ba givcn by lint ci:�t m•ril w �-
<br /> " �.��}�- .'•" Lender's address stuted herein or an i�tfier addte�.c l.citcter cicsi natcti b nutice w Burrower. Aa n�tice rovideJ for in this
<br /> ":==„Y,�., `.3 : Y S ' Y 9 P
<br /> ��.�}j<T i f,�-•`.��� Security lnstrument tihull be deemcd to h:�vc bi:cn givcn to Burrawcr or[.endcr whcn gi�•cm a+pruvidcJ�in thi�paragrapfi. . _
<br /> ''#�':%�-�� '� IS.Governin� I.aw; Severa6ilily. Thi� S�turity In�trunxnt �haf! hc gavcrncd by Calrral �aw urn! the taw of the
<br /> ;._-..
<br />. juri�etinn in which the Prop�rty is loc:ited. In the event that any provi�ion ar ct:�u�e uf thi�Security (mtrumera c�r the Note. � .
<br /> -• "�`"'�`'� -` � c�ntlicts with applicabte Iaar:sucb eonfliM�ha8 nat affect other prov�tii�sm of thiy Serurity Instrument nr the Note which can be • .
<br /> . �t�,:,_ •
<br /> ��..�,._-�i: � �� given efftxt witfiaat the wMlicung provision.To�hi�end the pravi�inn+�if thi�Srcurity ln.rtrument and the Note are decl�ra! - • � • _
<br /> -i�i:.:= . ., . to be!wwcrabtc. <,,, .
<br /> _� �� .•'i�'.- 16.Borrawer's Copy.Bartawcr sh�ll bc givcn unc cupfi►rmc�!wpy uf t hc yutc An d u i"t hir S r xurity Inrtrumrnt., • �
<br /> � 17.Traaster oi the Pc�npMty or a Brnetiriul lnter�t in BorrnKer.li u11 ur:�ny part��f thc Property�ur any intereu in it
<br /> -="-� .� is wld ur trm�.rferr�!tor if a beneficial intcrest in Bnrn�a•cr i��utd ur tr.�n�f�vrcd and Bunuwcr iti nu�a nuturul per+an►withuut .. . :
<br /> ';;,• . , .
<br /> _ ,• , :.', : Lender'x ptiot written runu:ni. fw:nder m:ry. rl ilti uptiun. reyuire imnudi;�tc paymrm in fuU uf u1l �umt �ecured by thiti _
<br /> � ' � . 5ecurity Instrument. Huwevcr.lhi+uptiun sludl nut hc cxcrciud by lAnder if excrcue i+pn�hihitrJ by fi�dcral law a�of the datc � . ,� ,_
<br /> � ' + � a..<'�:= . . af thi+5ccurity Instrument: � _ . :�
<br /> �� • If Lender exerrisey thir��ption:,Lender�hall givr t3�+rn+w•er nutice of acrelrr:,�iun. '1'lic.n��ti��.lwll pruvide a peri�xf of nnt
<br /> ;:�' • ' l�w.ti than 30 ctay� from thc dutc thc u�itirc i�dcliverui��r mailcd w�ithin which Burr�n+•��r mu.rt p•ry all �unt+�ccurcd by thiti � _
<br /> � ?_,•• ;�,-�. • , '. . Security Instrument. IP&�rrawer Faitti ta pay thcu+w�n priur tu thc cxpirotii►n ut'thi�perind.l.cndcr uia�• invakc uny rcmedic�
<br /> - �`'��":_.� i.'�'� permittod by thls 5ccurity lnrtrumcnt wiilx�ut furtltcr tu,�ice ot dcn�a�d im Burrua•er. ._ �_
<br /> ,.:,�::- • i8. $ormwer'w W�h! to Reimtatc. lf &+rrawcr mc�et� ccnain conJitiun�. f3��rruw�r .fwU Iw�•c ttic riglit tu h�vc �. .�
<br /> _ �,� � - enforcemcnt of this 5ccurity L�strutpcm ditic<mtinucd ut any timc prior a�Ihc t�•rrlicr uf: la).�+ day�.lar�uch othcr periaf a� � ��-�---�
<br /> - �r applicabte auw n�y spr�ify fur reinstatement) before wte �f the Proprtty purwant tu a� power vf wle cuntainai in thls
<br /> '".'3�. Secudry Instrument:or IN1 cmry��f a Judgmem enfi+rcing this Security lnstrument.'fh�sr cunditi��nv arr that &�rrower. !a)payx � �� .
<br /> ':su:�3�s� � Lender ull Sumy�vhich thcn�v�mld tx:duc wuicr this Srcurity Intittuntrnt au�i tl�c Nat�"a. if nu acreleruti��n h:uf�x�vrred: /b) . •
<br /> • eures any defs►uU uf any aificr cov�hwntti ur agr�mentti: Ic� p�yy�U cx�nn+r.incurred in rnti�rcing thi. �udty lnstruntent.
<br /> inctnding.but rn�iinritrA tn. rr��ral+le attomeyti fee�:anJ Id)takes tiuch uctioa u�tw�xlcr nray rwun�bly �eyui f�tu a��ure ---,. - =
<br /> tfiut the lien��f this 5ecuricy lnstrumcat. Leruier's ri�hts in ihe Prupedy:�nJ&�rruwrr's nbligutiun tu pay�ht tiums tilwurcvi by
<br /> this`Serurity Instrument shaU�continue unchunge�i. U�n rrimtutcmcnt Hy ��rrower. thiti Sa�urlty tn.trument :�ttJ th� �_ ___'
<br /> — abligatiotts secered hereby sh:i}1 reauin fnlly effective as if Ra acccleratKm haJ�x.�rr��l. Fltiwever,thi.tiglu tu uiatitale shaU. � - .
<br /> not apply in the c�se af ucc�eleruti�m umler p�arngraph 17. . � • � ..
<br /> -�`� � ' l9. 5site of Nate;Cl�e nf Loan 5lervicer. 7'hc N�rtc or :��.tirtiat intcrc�t in thc Natc It��cthrr ivith Ihia Se�urity
<br /> = Instrume�rt)rtf�y be solt!otle nr n�itc limes wilhotft pri�tt ttntirc to&inowcr.A w1r�rrry r�wutt in u chunge in the endty Iknnun � •
<br /> , as the'Loan Serviecr")thht wllects monthly.p�ymgnts dur uttdcr thc Notc and thi�5ccudty Imtrumcnt. '!'h�KC ul�a may Im�mc, �
<br /> ` ar more changes oi the Lau�Servicer unrel•rteJ to a sute��f•the Notc. If�herc is a rhangc��f thr 1.�wn 5ervicer.�rrow�er�vill be • . ,
<br />-: '
<br /> •� glven written notice of the chs�e in nccardance whh paragaiph 14 ubrne vnd applir.�ble taw.'fhe notfee will,tate tho nwne�n�i' '!
<br /> ----- ,_ Qddsess.o€!he�+r.l�aa Se�deer mtd tfte atldress t�•wltieh•.�ynneat�chnntc4 i+e msate.The rn»ecse aill ui�croutaia an�r atl�er ._.� '- �
<br /> _.,. . —..__. ...._..._ _._.. _ .._— -_
<br /> . it�fom�adon r�equired yapplicablc taw. - , - -
<br />_= 10. Nmrdoug�!5absfaticcq. 8orrower shall�t r�use or prrmit thc pr�scm�e.�c. dnp��{,sa►ragr.or rcic:�u: af su�Y a� ,
<br /> � Harardous Substattccs on ot in the i�ropetty. Notra�ver shall nnt do, nor apaw :myvnr rlse tu d��. :�aything aftertinF thc ; •
<br /> Pcap�ty t6at is 1n vinlatic�n uf nny�nvlxmmentul l.aw. 'fhc pteccxling tan sentences stwll nut�pply tu thc prcse�ur. n,c.ar
<br /> stcirnge utr the Property of smali quuntldes,of Hnrardans Subctaiuc�c that are gem�w.illy m�gnicaf ti+,pe apprupri:ite to nurnw!
<br /> - tesidentiaf uses and M m�intenmtcc of tl�t'roperty. . , � ,.; .
<br />.- � . . . _ . . ' " �... .....s.. �.��. . � ._ ...
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