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<br /> ,,�o�depia�ar ai�er ta�of iny p�ct ora�e atopaty.�ur f�i ooaveyaocc in lien orca�denutation.�e nersby►assipred�and � '
<br /> • ,. abdi be ped tn l.mder • ` � � - • `
<br /> _ Ia tAe event d a wtal u�ng af d�e Rnpecty.id�'p�ocpeds stialt be applied ta.the� scc�red 6y�ihis Securitj�.
<br /> � tus�m�ent.vrhethes a t�ot tbm dde,with�nY ezcess paid to Barawer. In th�event of a pattial taking bf tl�r Ptopaty in •
<br /> ' - which�he fair m�ket vaWe of tbe Ptnperty immediatety befo�the tatca�g is a�lYo o�gr�+ter than th�amamt of the sums `
<br /> stciped by this Sau�ily.Ir�onQt�ent�iinn�ediuetY beftxe the talciug.unkss Bdnower md�Lender aixrwise ag�ee in�rtitina,
<br /> tbe awns secared by tlds 5ecuriry�ncaume�t.slial{be teduced by thc�ttount of the ptqceeds multiplied by tfie fdbwing
<br /> ' ,{�on: ia)the to�a!utwi�et of the�wns secwed jmnxdiately 6efoee the[�icing.dividcd by f bl the fair n�arkel v�lue oE the
<br /> . . propetty�mmedi�ety tiefae t6e-�a1nn8- �tnY b�t�nct shal�be Paid ta Barovrrer. in the c�ertt of a p�utipl tsking o€�the
<br /> . ` ptope�ty m vrhich the faa tnuttet vaiue of the Prope�ty icomedisttely befoct the taici�ig is kss,than the anwunt af the suats ` .
<br /> sacu�umnediateiy 6efa�the�t�tCin6•unk�.s Boriovrer and Lender a�hecwis�ageec ia writing or ankss ajSplicaMe law
<br /> , od�awise puvides.the p�axeds shall 6e appiied to the s�uns secured by this Security[nsuameat whether or nac�be sums are ,
<br /> � tba�bre. � — `
<br /> '1` � . If tLe.�to.pecty is�t�doned M'Bormwer,ar i�ufter notice by Lender to Boriawec ti�t tbe condemnor o�'ers to malce
<br /> . . an awa�ar sdtle a cl�for damages.Bamwer fails to�spond.to•Lender within 3b days atter tht date�he aoti�ce is�given. '
<br /> � � i.ender u-�m cotkcc an3 appiy rbe proceedv,su ia aptioif.etther to.cestor�tia�or repair of tte.Frope�oc w tLe �
<br /> -- s�inssocune�bythisSecurity�nStnm�en�whedteraraoEthendiie. _----_ __ _ :-- ---.--•—_—
<br /> Vakss t.ender aad Bormwer atheiwise agnx in v�rriting,any'application of pcocadt to principa!sball dot extend ar . :
<br /> � pas�pone tbe due date ot tbe maw61Y Piymenu sferredw in paiag�sphs t and 2 ar ch�tge the art�t of sn�h pxymetus.
<br /> !L Borro�rer Nd Rekased: Fae6es�soe Ey I.eeder Not a Waim .Esteasion of the ti�e far poyment_or.
<br /> modi8�ation of arnoctv�tia►of tbe swas secu�ed by this SecucitY(irsm'mert Sranied by Lender to any successor in intecest '
<br /> , of Ba�wer.shall not opeiate tn�ekase t�e li�bility of thc'Qtig+�'B�wcr or Baro�ve�'s successois in intereu.l.ender
<br /> . shiU np�$e iequued ta conanence P�Ss��Y�'ia inte�e.st or refusc to extend ti�ne for payment or
<br /> -- ' atha�i9emodily aruortitati«►of tt�e smns se�ured by ihis Securiry insmrtnen:hy�sa►of any,demand made by the original ' _
<br /> � BarioWC ar BorrawerTs successors in iatenst. Aay fotbearance by i.ender in eae►zising any tight a�p.shalfnot 6e a -�
<br /> - �•waive�of or prclude the exe�ise of any right or cemexiy. ' - :: - - - - -
<br /> . . 1Z S�a�ssors sd Aasi�►s Baiad3,IoLt a�t Sevtrnl I:i�bilily;Casipes�. The rnvsnants and�nts of this
<br /> Sav�itg i�tlument shatl lii►d and deaefit the successors and 3ssigns of L.ender and Borrower,subject to the pravis�of �
<br />--- paragr.�a'I�.Barower's covenawts and agre.emenis shal{be jo�s and several.My Horsaa�who cu�signs tl�is Sec�rity . , .
<br /> I���ut�does mt execute tt�e:tiotc: la)is co-signia8 t1us.Sa�rity Iamument pnly tu...r►r�.igage,Srant and conve�.d?� �
<br /> Bormwet s inte�esi iii tiie Ptoperty under the terms of this Security iastnimenG lb)is not Qtrsonalty obligated to pay"the�s ' .
<br /> secvrec�bjr this S��tnstrument;and(c)agnes that L�:tiider and any ottx7 S�rower may agree to extend.modify.fosi�e�r •
<br /> or matce any accoa�odations with regard to tha tetms of this Sec�riry Ia�ent or the Note without that Borsaw�i`s ,
<br />- COItSCtIC � •��:� .
<br />_ • �3¢. Lo�n C6arges. if the toan seeured by this Secvr�tg Instnm�ent is subject to a !aw which sets maximum taan
<br /> _ charges.and that lav��3 Smally interprcted so that ihe incerest or ud�er loan charges coAected or to be collected irt connection -
<br />_ " wJth the taan eaceed�ie;pemritted limits.then: {�?t�ny such loan charge shalt be reduced by the amount c�ssary to nduce
<br /> - � the charge to tbe pe'r�:tc3limit;aod(b)anx s�ms ul�eady coltected from Borrower which exceeded pemmt�3 limits will be
<br /> — refunded to Borrawer':[.eAder mat:a�se to:make 3his refund by reducing the principat owe�under the�c�6r by making� ,
<br /> = di�oct-pay�rient to Borrower. If a;afuc►8 reduces:�sinoipal.the reductian will be treated a5:n�paitea!pcepajrment w�thout an�
<br />-- ,I== prepayraaat charge under the Note. '
<br /> 14. Nofkea Anp naice to Borrower prot�ided far i�this Security [asuument shal!tx given by delivering it cr�y
<br /> : mailing it by first ctass mail unless applicable taw requires use af another methack The notice shall 6e.directed to the Property
<br /> Addiess or any ather address Borrower designates by notice to Lender. Any:autirc to l.ender shall be given by first class
<br /> mail to Lender's address stuted herein or any ather address Lender designates by noiice to Borrower. Aay natice provided for
<br /> in this Sixurity instrument sha]l be deemed to have been given to Borrower or l.ender when given as.provided in this
<br /> - ��Governing LAw;Severabllity. This Security Instrumcnt shaU be sovemed by federal law and thc law of the
<br /> =- � jurisdiction in which the Propeny is focated. In the event that�ny pravision or clause af thi.�Serurity lnstruTent or the Nate
<br /> con47icts with applicable law.�uch conflict shall nat affect other provisions of this 5ecurity lnstrument or tf�tiate which can
<br /> _ be�ve.n effect without the canflicting provisian. To this ertd the provitiions af Ihis Security lnstrument:ind thc Notc are
<br /> �? ' � decI��to be severa6le. ` -.
<br /> � Iir. $orro�rer's Copy. Borr��er shall be given one wnformed copy of the Note and e�.`��:s Securiry lnstrument. _
<br />'rx !T: 7Yaaskr ot tlk Praper4��r a&netk�llnterest in Borrower. li'nll or an?���'�::te Properiy or any intec�-�in. -
<br /> it is sold or transferred(or if�benefciAl interest-o�Bcmower is sold ar transfgneQ�-at 3�rrower is nat a natural persoa> -
<br /> = witlxwt i.ender's prior written consem.l.endcr may.at i�q aptian,require imrrc�;::e F�r.tent in full af all sums secnrcd by �
<br /> - _ this Secudty In.gtrument. However.this oqivn'xhall nat be exercised by l.ert�.'.f exercise ia prahibited by federal law asof.,- _
<br /> the date of this Seeuriry tnstrumetti� '
<br />_ IP Lertdcr eacercisea thi�apdon.l.ender shall give Borrower nc�tice of acceternti�sn. The notice shall provide a periadaE_ - . _ .
<br />�� • not less Ihan 30 days from tfie date thc noticc is cielivered or maited within wh'sch Borrawer must pay all sumw xecured by t8is...
<br /> s Securiry instrument. If 8ortower fuils to pay t!��e sums prior to the expiration��f this period. l.cnder may invoke any
<br /> . remedies pertnitteil by this 5ecurity instrumer.t w-;ifiavl funher noticc or demand on Borrawer.
<br /> - - � �8. iiurrower's Right to Raeistate 't�sF�oWer meeis certain cond•,tions. �anukcr�lial! have the righ! to ha�•_.
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<br /> -,�" , cnforcement of this Security Instn:,rn�t�Jis�on�inued u!su►y time pri��r tc�thr carlier uf: .lu�S�duys lar such vther peria3�-�
<br />", SingkFnP}••.�'aeniC!►�i►e'F'reddbHact�(iOAN1�tiTRU�1E1T-•l.a�tormCovcnam� 9i9� �r«x�a��fh3±atra. . :�
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