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<br /> ` ����.��9 P����y ar far caevey�ooe in lieuof c�demn�tia�.are Leneby assigned aod. � �
<br /> , - sb�li be pfid toLend�ar., ° . . � _ � � '
<br /> � Ln d�e�v�tt of a wtal.ia�ng di tlx Ptapeny.the prow�eds•shaFl �e applied�o tbe sums.sonuod�by d�is�Sa�ritY .
<br /> . . . `�Ias�wnmt,whesi�a t�r aa ttr�r dee,i��Y e�ccas P�d_w Bomu'vver: !n Me evem of.a�atiial qiang of the PioQaty ia� , •
<br /> . whicb.tbe fa'v martet vatoe of the unmedi�ety be�foie the taY�g u'equal to or g�rater�han the amou�}t af�e smns
<br /> • sec�ed by this 5oauity tasOnunentp n��tdy 1�fatr tht taking,untess Batrawer atttt L�etMder oti�rise agnx In writing.
<br /> , . tl�e sums sec�bY t�is Sacwity L�umaAt sAall be:educ�d by tbe amamt of the piveeods mulaptied by rhe follawitig ,
<br /> --�� � �� fract� t�3�d�c�tat amou�af�e sums sewr��ts�Y�tfane�iak�ag.divisled-1sy tb)t�€au ma�tl�tt�ralue Qf We,
<br /> - � . ptapettjr�uely befooe tlte takia8- AnY balwce s6�li 6e paid to Basuwre� 1n the eve+n uf a partiat taking of the _ -- -- -
<br /> - � p'toperty imwh�cb ihe f�it'marlcu value af the Pmpetty immediately befote tbe taking is tess d�an the amoont of tAe sums� • �__
<br /> - ? seaaad;tmm�atety befar tbe talong.nnless Boitowet aid 1.e�er.otBecwise agree in writing or�mtess applieable Iaw �_--
<br /> ...T� od�a�ris�piovs�s.t1r p�aoeeds shall 6e a@piied ta tbe sumF secuced bY this SecuritY Insuumem wdether or not the swns ate. �---.
<br /> — - � tfiea dne. ' " ' � �—
<br /> = — -.If t6t•Aopetty is ab�doaod'by Bonuwer,or if.sitier nouoe by Lender to Baruwer that EAe oa�d�offas tn maice
<br /> � ao awzrd�ar seu/e a cla�s far d�ms�es.Bor�wer€u'Is to`rcspaad tn Lfoder anthin 30 days after the daze the norice is givrn.` • ---
<br />�-- i.ader is mahorine8 w co and app(}+tbe psuoeeda.at iu apuon.ei46et to t�estor.�tioa a rep�air of die Ptopeaty or tn ilfe ' ,
<br />_ ��� � �ms sawed by this Soc�airy�wl�her o��t qten dua .
<br /> r=s , ,
<br /> ��• , � Uniess t.rnda aud Bamwer otbeiveise agree irt writing.anp'applicatina of procleeds fo princi�at sball aot eate�d or _---
<br /> = postpona t6e due�date of the m�uNy payments iefeme�to in�g�s 1 and 2 or ciu�ge t�x amount of such Qaymehts. �e--
<br /> _ . 1L Ba�aar Niat Bda�d; Coeb�at�oe By' L� Not.`s �Gaiver Exttinmtt of tl� time fa PaYm�t a � �._=_r=-
<br /> - •modifipt{on o��of tUe swms secuno�by this SecuritY In�t 8ranted bY Le�der co as�y snaxssor in iataaest , --:_
<br /> � . of Basmwer snali uot opetate to ietease the�fiabTity af`the�igi�rai Bamwer or BnROwer's saccessors in intaesK.ixnder , -
<br /> � �h�ll aa be nquined to�nenoe coceedi m# suxesscu in inte�est ar refuse to exteiid tia�for payman or ��'`��"��_-
<br /> P �a8�� Y `
<br /> atMvvisc modify aa�ortizarion of dre sums s o c u�e d b y t h i s S e c u r iry L�s h v rt�e rt b y rea-scat o f aay d e m�d m a d e b y t h e a r�g i n a i s���.-.
<br /> - or Boimarer�sacressors ia inurest. M forbearan�x by 1.ea0er in e�Ce�ising any right or rertiedy shall not be a .�_�-
<br /> gpnpvrra y x
<br /> aAiver of ar proctade the exercise of any rigltt orre�tKdy. - ' • r r,,.�
<br /> . ��s_�_ _
<br /> " . 12 Sootesso�s a�d As�Bouod,Joint nnd Severat I.i�'I�ty C.o�s. The covenants and agrcements of tbis :�'=�:_
<br /> r =c� Socari I�sua�ma�t s6all 6iod m�d benefit the successors and assigns of Lxnder and Bomnwer.subject w the provisions of ;�:-= `
<br />, '��;.: � ; -' -
<br />-- � �` � _ �apl� t7.Bormwerk cove�ronts and agreement�shaU be joiut and several.My.Bomower who ca-signs this Secaritq - . .. _ ,°
<br /> - �ro ,g e
<br /> , _,,,,,�,'�`�:.• I�t bnt daes uot execute the NoDe: (a)is co-s�gnine tb3s Sectvity In�runient only to inortgage.grant acd cunveY�at � ` _
<br /> �4'..�.;� Burmwer�inte�est in the Propercy�u�der the tetms of this 5eswity Insuumen� f b)is not perso�lly obligated w pay the swns `�
<br /> _ -�, �.i saveed by dtis Securicy Inswment;am!(c)agre�s that I.ender and any other Barmwer may agtee w extend►modify.fochrar • �
<br /> _ ' ��;i __::�
<br /> _ ,.4�.��<f;;, �:, ar maice any accammodations with regard to the terms of this Security Instrpmem or the Note witkout tbat Borrower's ;:• _
<br /> -. ::��'- _.�:�'. COf15Et14 , , _` '�,-r:•"_.
<br /> .',3... .. `�
<br /> •.. L�, Lo�n C6araes. If the toan secturd by ihis Securiry in.strument is subject w a!aw which sets maximum loan ;�n,�
<br />- ;;,_ ' chages.and that law is fmally interpreted so that the interest or other loan charges coU�or to be collected'm connection �="�Q�_
<br /> t�,r,...-
<br /> � . .�,�,:=i�.' with the loan excad the permittal limits.then: (a)any sucti loan charge shall be reduced by the umoum neoesssry to reduve� ..:��.;
<br /> r�'��';�, ihe charge w the permiaed limif:and(b)aay sums altrady coilected itom Botrower aluch exceeded pem�itted limi�s wiA�e ��-,
<br /> ;�,:_�f.:.'::�; r: nfuoded to Borrower. I.et�der may choose w make this r�efornf by reducing the principal o�wed emder the Note ar by i�Icing a � -.
<br /> - '. �'�:.= Ait�t.payme�t to Bom�wMer. !f a�efiaid mduces prirulpal.the reduction will be oreated as a partial prepayment w�thout any �. ;�: -
<br />-- �E-^r-.: � . Bom ,_
<br /> . ":�:u �`;` PnPaYment charge w�d+er the Note. � . '" .' -
<br /> '"''; = � 1� Notices. Any nolice to Hotrower provided for in this Security Instrument shall be given by delivering it or by . •
<br />_ : ' mailing it by first class mail unless applicable law requires usc of another method.The rtotice shall be directed w the Propeay �
<br /> - _�;.:��..� ' Addzess or any otMr addres.s Brnrower desigmates by notice to Le�der. My notice to Lender shail be given by Firsc elass
<br /> ':,,'�' x � mail to Ls.mdec's address stated hereia ar any other address Lender designates by notice to Borrower. My notice provided for �
<br /> ��'= �- in this Savrity Instrument shall be deemed�w hav� been given ta Borrowet ot Ixnder when given as provided in this � ' • ;'
<br /> ' .'`._•E . .
<br /> ,.„,� . �n:
<br /> : '„.,.`_'��:.. P�S�Ph• '
<br /> , . ," �`�= . � ,15. Govelniag Ls�w;Severabiltt� 7'dis 3ecurity Instrument xhall be gavemed by federal law and the tasv of the
<br /> �` �� . "'�'�` � jurisdiction in which the PropeBy is tocatod. ln thc event that any provision or ciaa�e of thic 5ecuriry Insuiiment or ttte Note •
<br /> . - �<�. .,•,_ :• . .
<br /> �,�;";,;:.°. � Conflfets with applicabic luw.such conflict xhalf aot affect ather provisions of this Securit�Instrument or the Note which can � ... .
<br /> .,;..; .. •
<br /> . . • . .
<br />-` ' ---: �� �` -... be given effest withaut thc conflicting provisian. To this end the proviti-ian�af this Security Instrument and the Natc are �
<br />"- �''�.�:;... ' . declared to be severable. .
<br /> - 1�, Borrower's Cop� Barrower shall be given one wnformed copy oi the Note and of this Serurity Insuument. •
<br /> , .�:;,;^: ' � 17. 'llranster ot tbe Property or s&neticiaUnterest in Borrower. If�11 ar asry pan of the Ptoperty or any intemst�in :. .:;
<br />- :' '� ';r��'� � � it is sold or nanAferred(or if a beneficial interest ln Borrower is solci or transferred and Barrower i4 not a natural per.wn) • • .�.
<br />- ' - �. • without Lender's prior written consent,I.cnder may.ut i�c option,reyuire immediate payment in fuU of all sums secured by : �, . �
<br />�,;°:• ,�c.�., � - thls Security Instromen� However.this option sha{I rn�t be ex��rrised by L,endcr if exercise is prahibited by fedcm�l luw ati of � ��-- .=-,�
<br /> }`".,;��-V».``:, � tha date of this Security Instrumenl. �
<br /> ry ' , . If Lencler exeirixs this option,l.ertder shull sive Bovower notice af accclerotian. 'Ihe notice sha!!prrntde a period of • , `
<br /> : . ' na less than 30 days from the date the noticc ly delivered or maifed within which Borrower must pay ait sums secuted by.this • ' '
<br /> -� ��� •-� •..�+ � _�- Socurity Instn►ment. If Borrower fu7s to pay thcsc tiums priur to thc expiration of this period.Lcnder may invoke aay . . . --:_
<br /> ��'`�.Y_. � : remedfes pertnitted by this Securicy Incuument wiihout furlher rtoHce or demand c�n 8arrawer. . .__ :
<br /> '•° ' 18. Borrower's Right to Reinsiate. If Borro�v�v mccts cenain c�nditian�. Hort�wer shali have the right to have
<br />._ � � `��'--�� ` e�'oncement of thls Security instrument di+continued ut any tjme prior to the curlier��f: la)5 days lor such other period as -.
<br /> �.a .
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