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<br /> E'AO�Op Cf(�Et�,����1�IG�O�GRY•Gf fCl'OaiNGY�10E iR IiGU l�C00�1111.�C��18110��• .
<br /> , ,SIHU bC�IO1.QdC1: � < • � - � _ .
<br /> ' . . in u,e evea�of�a cmi m�g.of the Propeiry.a�e puoeeds str�ll ue apptied in we soms seanea by t3�s�eco�ty . ..
<br /> . _ ' :ta�oma�t.�6�ba arnat ttien,du�.with a�t eAOess�frad w Boaoweer. in tAe evmt of a�Ctial�taknng of tLe Progaty�m .
<br /> ' . whiab th�fa'v mu�cet�aiue oftlr Pt+bpaty inumediatefy bafore dre t�ng is equal io�gr�er d�d�e ai�roa�t of i6e sums �
<br /> �saanad�ryr this Sav�ity InsUnmxat imnmtGat�r befare tLe ntciag.�mkss Bariovverand l�ender otheianse agree in vvritutg, � . -
<br /> 16e smt�s secuted bq this Sbe�ity�um��aH!+e�cad by t�e u�ount of t�p:a�oeocts muIt�V1�bY��R
<br /> _ � ,' �raetio� (a)t6t tomi nnomu o�dre s�a�s�acm+e�unmediateiybda+c tbe t�ng;,divided Djr{b)the fair�v�lse oE�e . : _:�-
<br /> �9�Y�the�ing. Aay ba{�s s6all be praia w,Borrovr� =In tM evmt of a p�iial t�$of we
<br /> rtopeRy m�vfifi�me faa�mukec vatae nc me Pmpdty immod�ely befue cbe taking is kss rhu,the�no�uu�r'u�e sums .
<br />_- ' sec�uat�ne�telY 6efae tUe tatcing.tmless Bormwer and 1�ut6r�wisc agax in�ar anless applicable Iaw , ,
<br /> _- qbetwise p�avidas.du pioob�s sfmlt be�p�M po dir sams socotrd 6y shis�auiajr Iem�nm�au[wl�etl�er 6r no4 the s�s�ae ,
<br /> — � then doe.� , ° . . � _ � t . �
<br /> , ` If tbe Ptopeity is�bi�o�t000d 8y Botmwe�nr i�ad�er ndice lry L�dac to Bbcrowa d�a�t�he�or offais to maioe •
<br /> , an aw�¢ar seple a ci�im fa dama�a.Bosrower fails ta trspa�d;to L.ee�ler,witlw�30 days�Ler tl�e da�t6e�cr ig given. -
<br /> i.s�lder is aolh�raod w ooliecc and appi}r dte p�.at its aptioa�.t�tl�er to ciestqtatia►ac iepaii of tl�e F+roperty or w the • .
<br /> �_� ` swns secimedby tbis Senuuy�whe�r ar nos tben dne. ' . � . ;
<br /> t�"� Efnfess Leadec and;Baaow�+r ad�eewise sg�ee in�p��'apP!'ua�iori of pio�tds to pti�tcipat slratl ua ex�or�
<br />,:_�- ' . .postpane tbe dae ctu�oft6emomh[Y Wyaknss iefetred w in p�1 m�d 2 or change the amount of such�aYments. . .
<br />-� lli.soR+o�a'.Not ltdea�d; Farbearasot By I�ende'Nbt s Wf�i�er. Exaeriaian of Hrc wne Por plyment ti�r
<br /> mo�o�e of amo�nIIon of the sums secimed hy thhis Secatity In�m�ent gra�med by l.ender[o any successa�r m ntGec�est
<br />_ � •,d�Banowa stnp aor ope�De no iekas�e the 1�alnTity of the ariginat Bamwer or Bartoweis s�essams ia i�t.t.eader � .
<br /> � s1aU uot be W c�anm�uoe P�p�nSs agaiast aaY s�r in intercst'or ecfwe w extend time for payment or �
<br /> ad�eewise �a�o 'Ar�ad'an of tbe swus secured by this Savrity Insdum�t bY reasae of any danaad-uwde by dte nriginal .
<br /> -- $oaoira or Botmwet�s suceessois in inte�esi. Atty for6eairanoe by Lendor in e�ceisising amr agM or romedy shaU not 6e`a •
<br /> ar�iver af or pnclode tbe exebcise of aay right or re�nedy. . • � -
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<br /> - . 12 Se�assoes,ad A�si�s Bw�d:Jdat sad Seva�t Idab�tty:f.o�ets. 71�e coxe�ants and agreeme�rts af tbis . _
<br /> Securityr Ia�nt s}plt bia�l md beneft the succes�s and assigns of Lender and Bormwer,sa6,ject to t�provisia�s of _
<br />-- - _ - • . . p�apb.l�.�BonowR's G���S stmll be joi�n and several.My,Borrower who co-signs tt�is Seaayty ���-
<br /> :-�.• =�i Instrmnrnt but does aot ex�te the Nate: (a)is casigning this Secarity b�swmen�only w mortgage,�u and convey tliat ��-""".:,-�
<br /> - '� Bomawer�s inte�st in the pmparty under tl�tertns of this Security Insdumen� (b)is nnt�ersonatly obligated w pay the auqs °k°'—`=-
<br /> � >r•,,�• ��=='_
<br /> ` � sa�ued tbis Sexuriry Insuumer►�and(c)agtees that Ireirder aad any other Boirower may agRe to extend.modify,fofiear --
<br /> - -�.� or maice�a�ry a�eommodations with tegarA to Ste temrs of this Security Iacuument or the IYote withnut that Bottnwet's �
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<br />�: . . 13�. i.o.n en�rjes. u the loan secame by tn;s sec��rity rnsuumene is sabject w a Iaw wlucn sets maximara toan� . _ -
<br /> � chu�es.aad d�at law i's finalty moerpietal so that the interest or other toan charges oollected or to be collated in cau�ectian
<br /> �`r.�r�'�, with the baa eaoxd tbe perrnitted limits�then: la)any such laan charge shali be reduced by the amount e�ecessary w rrduoe
<br /> ...;'� . t6e charge to tl�e pemutted timi�and(b)any,sums alteady rnEtected from Borrower ahicb exceeded pe�miued limits wiU be
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<br /> iefunded w Bomuv►�er.L,ender may choosc to make this reivad by reducing the principal owed unde�the Note ar by making a _—__
<br /> _- 'd'meet psyment to Bom�wer. tf a refund neduces pri�pel,the r+�tion wiil be treated as a partiat prepaymeat wittwut aaY ' _ ----_-
<br />; . Y-<': '." !H,`< P�3+�nt charge under'the Note. "_'f��_Y
<br />.- .�' �-r- • • 10. Notiees. Any notice to Bormwer provided far in this 5ocurity lnsuument shtill be given by delivering it or by
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<br />.: �•.-:.�-;. • •.�,L: ma�7ing it by tirat class matil unless applicable iaw requires nse of another methad.The nptice shaU be directed w the Ptpperty . ..�� ,..
<br /> :Y:�;�-�, .
<br /> Addt�ess or any other addr�ss Botrower designates by noGce ta L.ender. Any notice to Lender sha!!tie�given tiy first class _
<br /> �"-t,.. ��:=i • mail w l.rnder�address stated herein or any other addnecti lRnder decignates by notice to Bormwer. Any notiee pmvided for
<br />- ti�;';�, in this Security Instrumeat shall 6e deemed w have been glven to Bomawer or l.ender when given as provided in this n . •.. .
<br /> '�; ' '' . P�Ph• -. • ,..�►..�., �
<br /> ' 1� Governing I,s►vr;5ereral�lihs This Security Insuument shall be govemed by fedesal law and the !aw of tbe ` .
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<br /> � • jurisdiction in which the Pcoperty is lacated. In the event that�ny provision ar clau.0 af this Socurity Insuument rn the Note �• .
<br /> , , "�` ' conflicts with applicabTe law.such conflict shall na1 affec�other provixim�.�af thi.c Secu�ity Instroment or the Note which can • _
<br /> �'��;�;�� • � be given effect without the conflicting provicion. To this end the pravisions of ihiy 5ecurity Instr�unent and the Note am , . • _
<br /> _ :�.'���: �, deClaiCd W bC sCVC(Sble. ..
<br />' ���;.��.• . �. . 16. Borrower's Cop' Borrower shall be given one conformed copy of the Note and af thia Security Instromen� , • �
<br /> . - '•-.� '. �-' 17. 1�ansfee�tbe Property or a Beneticiai Irttere.�t in Sorrower. If all Ur smy part of the Property or any intere5t in . -�
<br /> IIS
<br /> - �`��'. . it is soid or uan.4ferred(ot if a beneticial irneretit in Barrowcr ic u�ld or tramf�[red and Borcower ic not a natural per�on) _ �'. �
<br /> _ �' � �- withotn l.cnder's prior written consem.l.ender may,ae itw optian,reyuire immediatc payment in full of�a11 sumx secured by l.' . -
<br /> , .:�, ,:;�: ,� this 5ecurity Instrumcmt. However.thiti option shall nnt be rze�citied by l.�mder if excrcise is prc�hibited by federal!uw as of 1 �.`:
<br /> t '�'- • the date of ihls 5�urity lnsuument.� I •
<br /> Gf; . _
<br /> - If Lender eaercises thia optior�.Lender�lwll give li�rrrawcr uotice of ucceleratian. The notice shatl provide a periad of !
<br /> "�'. .. � not less than 30 daya from the datc the notice i.dclivered or mailed within which Borrowcr mutit�y�U rums�ecured by this j
<br /> -- �'` .w, � � ' Security Instfument. lf Bomower failz to�ray lhese sums prior to the expirs�tian af this periad, l.ender may invoke any F���° � ==--
<br /> '�"'•'� "� � ' remedics petmitted by this Securiry Instrument with��ut further naticc or dcmand on Borrower. .
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<br /> - " 18. Bon�ower's liight to Reinstate. •If Barrower meets cedain conditians. 8nrrower.hall h•rve the right to h�ve f
<br /> , ��`'•'�= ento�cement of this Security lnstrument discuntinued at any time prior�o thr earlier of: (u)S days(or sucfi ather periad a4
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<br /> -- •";�^. .' Sl�Ic�rmily..Faaek MadFreQdk:Uae t1�i1FOR�i I�STRL'�1F:�1T••CniWrm Cavenat�u 9/90 (page 4 r.j/.pa�•�a� f� ��
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