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<br /> � . Sii�l 6e�paidio I,.endu. � .. � , „ . � � . � . '
<br /> in tha�t d a�odJ faicing of tbe Ptope:ty,i� s'bdl be apptied ib dx sems`sa�ard by eiiis Sataity • , ` .
<br /> - it��imE�t,whethef or not��d[�e.wiik any exvess ta Hocrowa ie the cvent of a pattiai saking of tbe P�ro�ie�r in� _ . •
<br /> • whk6 t1�fait a�rket vatwe of�e Ptu�e►ty iam�e�iately 6ffae the r�kin8 ls�Suai to qr g�er,th�t►tlee amonnt.of.tlx sum�
<br /> `, stciurd 6y t6is 5xurity Instnmxnt�ly befae the taic�rg,unless Borrowe4 ar�d I..ender athenti�se ag�ee,in writin� � �
<br /> -
<br /> �� ,the sum�s�d i�r_tlus Soiu�icX Ins�umau s6aR[±a�atuced by.�se amow�t of the proceats mWfiplied by dfe foDc�wrhg .
<br /> fiacuan: (�)d�tatal amo�int of tbe smas secmed'aaaied'�aiy befae d� -
<br /> t�king divrded t�r(bf thG faFr�uari�a vatue oT t�e _ <
<br /> , � Pmperty;umnefiu�el�r�befaie the�tciogti Any 6ataACe.sJ�i1 be paid to,�ortawer. in�he e`vaft of s partial�of die � '
<br /> � , Prropaty ia whicfii the f�m�u'ket�ratue af the Frt�prcty i�a�tY befixe t6e�taking is tesg than the'amaeint of d�e soms , .
<br /> socuced imfio�eiy ti�i6oe t6e taicing. untess Bontower�!t.emier od�rrwisE ag�ai�g vC�applkal�e 1aw `
<br /> �: ;c�is6 pmvitles,;�he�ac�s s'�at�be�pp�iied ta the swra seruaadb�this Security t�tnnttent wLe�i�er or notihF eeunss�n°�
<br /> � ' , theA dut. �. '. . . _ _ , . , ,
<br /> � I�tiie Pe�ape�ty is ab�n�tonod by Bonower.or i�a&er�tice by l�er�to Hoaower alat the cande�mnoG offers to tnatce � .
<br /> .. , an awaiilni seuk s ctaim fardbt�ges.Ba�wa fails m�d to Lsnder wethm 30 days afar the da�te the no�ic�is given, - � ,
<br /> � � • Lrnder i�aatbor'roptl w t�pect and apply the p�oceed.s:at itc option,either to�oa ar,tepa`v nf the Prape�ty or to t6e �
<br /> ' . auos seEured by tdis Security Iast�ment,whe�or not then c�re. � ` , `•- .
<br /> Unkss I.axkr and Barmwer aherwise`ag�ee in wriamg,any appTication of pcocads to princip�l si�l not��o� .
<br /> - postp�one the due dau of die m�hiY P�Y�u refeaed to in paiagraphs 1 and 2 oi chazige Me'arna{�t of.snch pay�encs. . _ � .
<br /> 11. �anawrer 1Xot ltdeatied: �or6ears�ce By I.eeder Not a Wsirer. F,xte�siau Af_tbe,time far PaYme?�t a �
<br /> a�odif�of aaea�on of tbe sums secu�at bY this Sxurity Insaumeat graated hy L,ender to-any succea�r m intec�t .
<br /> ' of Honower s�1al�nat pperate tQ reta�the�iabt!'iry of tfie ariginal BarmvPer or Borrower§success�s in iriterest:I.ertder -
<br /> sha11 net,be iequired w co�tna�e p�ings a�inst auy successor in umerest or nefi�se to exter►d cime.fex paymimf or ,
<br /> . otfienvise modi�'�y amortization of d�e sams secwrcd by fhis Sencrity I�by�con of any demartd made by the originat • , •
<br /> ' Batrnwer or Barrorver's socces.gas in interesL Any fdrbearan've by L.ender in ezemising anY.rigHt or iemedy sdall not be a
<br /> waivtt otac pceclude tbe exe�isc of any tlgbt or rcmedy. • . � . .
<br /> - 12. Stiocessors aud A�BoWM;Jdat and Saveral Liability:Ca�s. The coveRanu and agreemenis of this
<br /> Seeuriry Insumnen[s[�all hind and benefit the successors and assigns of Lender and Bomower.subjerC to the pnnnstonc of. .
<br />- • paragraph i7.�ot�ower�s t�o.venants an�!agr+oemen�shall be jaint and several:My Bor�wer who co-signs tT�is Secucity = • -
<br />_ — Iusumner►t but does not executc the Nore: (a)is co�signing this Security instrument oniy to mortgage.grnnt and convey that
<br /> � Bcxrowu's intenst in tl��i+operty uMer the tecros of this 5ecnrity Ins7ramenx (b)is not per�onalty obligated w pay the svms
<br />- - secuned by this Sccnrity Inswmenr and(c1 a8r�s that lxnder aud any other Bonower may ag�ee to extend.modify.forbear ' ..
<br /> or make any accommodations with regard to the terms af this Security inmumem pr the Note without thaE Borrawer�s •
<br />,=� ��' � ' ,
<br /> - 13. l.pn Clw�^�es. if the loan secured by this Security Instrumem is subject to a law ivhich seu'maximum laan .
<br />-� charges,and that law is fmaUy interpreted so thal the imerest ar oU�r loan charges colteeted or to be caltected in connecticm
<br /> with the toan exceed the pemuued linuts.the� (a)any such loan charge shal!be reduced by the amount ne�essary to reduce
<br /> --� the charge w the pemtiued t'unix aad(b)any sams atready collected_fr�nm Borruwer whict►exceeded pennitted liraits will6e _ .
<br />— � refw�ckd to Borrower. l,ender may chaose tb malce this mfund by r�Mucing ihe principal owed under the Note or by makirtg a
<br />-" d'mxt paymeat to Bomower. If a refund reduces principal.!he reductian will be treated a�a partial prepayment without any = _
<br />- '�` pnep�ayment charge under the Notc. •
<br /> 14. NoNCes: My notice to Borrower prnvided far in this Security In+�trumcmt shall be given hy deltvering it or by
<br /> mailing it by first class mnil unless upplicable taw requires use of another methnd.The notice shaq be dim,cted to the Prope�ty ��_`
<br /> � • Address or any wher�ddres.4 Barrower desip,nates by rtotice to Lender. Any notice to Lender shafl be given by first class ��"
<br /> mail to l.ender'§address!xated he�ein or arty olher addtes.c I.ender designates by notice to Borrower. Any natiee pravidcd for �'�-
<br /> in this Seeurity Instrument sha11 be deemed to have�been givett to Borrower ar Lender wher� given ac pravided in thic "_=�`
<br /> �:...
<br /> _ �Pn• . . . �:_�,;
<br />= l5. 4orernin�I.sw; 5everabflily. This Security Instrument shatl be g(r+rerned by federal !aw and the !aw of the °=
<br /> ---=�„ jarisdietion in which the Froperty iz taeatecl. I�the event that any pravi5ion or clause of this Secuaty In�tnrment or the Nate ___
<br /> contlicts with applicable low,such c�inflice xhall n��ffec�other provi.cianc af this Security lnsuument or the Note which can
<br /> be given effect without thc canflicting pravision. To this end the pravi.i�jnx af thi�Security lnstrument and the IYate sue
<br /> . declared to be severable. � -
<br /> . --�.° ' 1� Borro�ree's Capy Barmwer.hall M:given one ce+nformed capy of the Nate and af thi�Securiry I�strument. . • �
<br /> ` s��� 17. 'IUpnskr o�thtProperty a'a Beeeticittl lnterest in Sorrovrer. If all oi Any pan of�he Praperty ar mty intcrest in -.
<br /> � .:..-
<br /> , �, it i.c sold or trunsfetred(or if a beneflcial interesl in gnrrowcr is sold or transfcrred And earmwcr n,trot a natural person)
<br />_ _ _. �� wid�out Lender's prior written corrscnt,l.cmdcr may,at itc aptian.reNuirc immediate paymcnt in fup of all tums.r•ecwed by
<br /> --- ---�._.,;��:� this Securiry lnstrument. However.this optian shali not be exercised by l.ender if encrci'se i�pnnhibited by federal taw a�of
<br /> — `�': the date of this Serurity InsuumenG
<br /> �`'�-' ' If Lei�der exercic�w this option.l.ender shall give Bormwer notice nf ru��cteration. Thc notice sha11 provide a period of �
<br /> -. '':;`�i:,`�_',
<br /> ' rtot less Ihan 30 days ft�om the date the notice ix delivered or muited within whirh Borrowcr must pay all wmc secured by thiz �;••�
<br /> �.,•. '��`'"�'`'`.�•; Security Instrument. If Borrower fails to pay thesc�umx priar to the expiration of thi� pericxf.Lendcr may invoke uny
<br /> '���''<�_�'• rernedIes pertnitted by this Security Instrument withaut fur�her rn�tice Ur demand on Norriiwer. •
<br /> ' t8. Borrowe�'s Right to Rein�Wta lf H�rrower mect!►cenain conditionti. Borrowcr�h:►Il hnve the right ta havc •
<br /> enforcement at this 5e��urily In+tru�mpt di.r•continued,at uny time priar ta the earlier��t: Ia)5 days lar such other period sn �
<br /> k: �;� 5inglc F.uniiy..}aaek HadFYcddk Nac UtiIF()R!N I�S"1'Iq'{1i ti7'--t inifmm C�wcnum+ 9/90 I/a�r�1 uf/r�kix��1 ;
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