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<br /> ti�t li�dec rb�o�es1 P�'�'�'�bY��'�PR���►I.eada i�be,0000es`arailobie art i�ob�iobrl.8o�ma►�ar�p��� ` . °
<br /> '�be pRmiaoa��qriied b�s mtxtt�a instraAOe is dkd,or w p+invide a Wss�esava.aat7�r�t�iui rep�t :
<br /> < , insma�aoe tioid�m�ooidaooe�ertli agy ivtitt�a a�neeaknt bet�vicea�Baev�ix�I�eader ac appliub�e 7a�r. � ,�.
<br /> _� � !�rr.Irnda ur`us ag�ac.m�p�a rpe�mbks�a�vn md i�pe�tio�of the.P�oQa;y.`Lmde�sha��va .
<br /> ` tlpna�uer aotice at�be Gmtie afoc ptior ta an i�peaioa speafYing�cpable c�se for the ins�octian. � .
<br /> 1�:.,Cwde�tjo�.The'piu�oeeds'of any aow�M or cI�[`f��umges.d"iioct or�eqaaid�t�in ooneacdon�vith sy ° �
<br /> rn�or�her�of a�y pr�t.of the,Pr[�perty,_ar fcic_coav�noein lieu af�sse�a�jr.��pd .
<br /> _ � st�be pa;d rh i.�_ , ' ` . �, � .
<br /> :
<br /> . � tn t�cvrat�a tanl tpking of the Ptopatp,the pincneds sfi�ll be applied tn dtie s�s se�ed by thic$eauFty�ma�.- .
<br /> ' w5ether or mt thm.�ua:�ary exi�ss paid to B�Ia the�vmt of a pattial taki�csf the P�opaty ia�rrhi�the bir .
<br /> �i�t valoe.of��he Propaty inMped'qtdg 6efbce ibe.tati�is W�1 W o�S�er ffi�an ib�amuuit��e sa�s�A�ed by mis.• .
<br /> Sorm�ty�t im�dei�ntdy.6doce 8ie Wcit�.unt�cc Bomaww aod isoder altiawlise a�gr�oe in vrrit�ng,t6t sums s�owted hy � ' �
<br /> ` . - tbis Senuity iasuumait sh�11 6�e+edirad 6y tbe amoamit of tbe pc000eds mui6pli�d•by d�e foUowp� fiactioa:•(a)tbe tatal '
<br /> . , ,�unnaot Qf the swns searce�aaanodiatdy beforc t�e tatung,d`ivided f�y(b)th fais onclrss 6aioe of tbe`Fropatg i�
<br /> ' 6aE'ae tLe talong.My ba�Oe shatl�be poid to 8atn�w�u. ta tbe evmt of a patti�l talcing of the Pmpe�Ry m vv6ich`sbe ftir , .
<br /> • m�tt vatae�f the P�oQaty i�utdp betone tlfe raking ig kss tha�tbe amo�mL of�e sams seaued�befat tLt
<br /> tatiag,unless Bor�o*rer and Lratl�t athawisc agsa in�8-cx mkss a�k L�r atbe��ise F�wid��tLe piocads s�li .
<br /> 6e�plied to the s�sac�red by tbis Sec�aity IasUmna�t w�her or nat tbe surm�e tha►dua ` . —
<br /> If t6e Prapt�ty�is a6amaoed by Bomnwer.or if.aftes notioe by Ls�der to Boa+nwa tl�tbe oahi3e�or offps w m�Er w •
<br /> sw-smd a settle a claifi.for cbmages,Borrower faas to respamd w l.enda�wi[hin 30 days after•the�de tUe eatia is groe� —
<br /> • I.eaier is�o�b�rimd m aotleet aid apply tb�proa�sds.at its opt�o�._eid�er to raooratian or teWis of the P�+nQertY or tu the s�
<br /> sa�od by this Sem;icy I�umax,wlxtha a aot d�t due_ � � , �
<br /> Uakss Ltnda aod Boimwer athetwise aSc�e in writing- aaY applic�tion of p�ceeds to PtinciPal.shaQ �wt extad�or
<br /> ' postpnae the due due of tbe momhly paymems refernd w irt para�apbs 1 and 2 or c�ange tbe amo�uu of sui�paymmts. �
<br /> . il.eoeo�a Not Rek�sed;For6earanee By I�er Nd a Wsiva.�atension of�e time for pa�m�ene or modifiratipn •
<br /> �� of a�no�of tt�smns sectit+e�d by ehis Secvrity l�trume�gr�od b3',I.ender to arsy s�oessar in interesr oE Borroa�er sMli
<br /> not opetate to rclease ttie IiabiGty of tbe otiginal Bormwer'or$orrower's sucoessors in irteres� 4�ider shat!no�be reqaiYod fo
<br /> - " oonut�ct Proee��dings a�ain�t att�'suooessor in interesE at refttse•w extetd time for PaY�rt or atheraise modify amort�ors
<br /> of the sums secvmd'by this Security lnswmeot by mason of airy demand made by the original Borrgwer or Boirower s
<br /> �rs in iiuerest. My ferbearanoe by l.endrr in exercising arsy right or r+en�edy shall r�be a waiver of or pretlade the
<br /> exer�ise of ar�y right or ranody. . r � � _
<br /> �l2. S�ooessoes ssd�Bouod:Joiot srod Seraal Li�6illty;C,o�ds..The aovenaztts attd agt�neMs of this ,
<br />- Securiry huaurtnnt s6a11 bind and 6er�ei'it the suooessors and assigns af LeMer ard Bomawer. subject to tt�c provisioas of
<br /> pot�grapl� 1?. Botmwer's ouvenants and agneetne�ts shatl be,�oint a�d�several. Any Bamawer w!w co-sign4 dds Secu�ity
<br /> _ Insdnttneat but dces not exec�te the Note: (a)is co-signing this Security instrumeat anly w mortgage.8rant and c�nvey that . ,
<br />=� Borrowet's interest in the Property under the terti�s of this Security Instnunent;(b)is riot personally o6ligated to pay the sums
<br /> secutrd by this Security Instrume�►t:and(c)agrces that lxMer atd arry athec Borrower may agree w e�i'tend.madify:forbear or
<br /> � make aey aoeoma�odations with regard to the tenns of this Security lnsuument or the Note without that Borrowet's oot�setu.
<br /> I3,I,aa�n(:�arges.if the loan secured by this Security instrumertt ic wbject ta a law which sets maxirmtm loan charges. -
<br /> , • and tMM�law u fiaally interpreted so�hat the interest or other toan ctrrdrrges rniterted ar to be cottected in comioctian with the
<br /> laan euaed the pennitted limits.then: (al any�uch toan charge shall be reduoed by the amount neoessaryr to reduoe�he charge
<br /> �ta the pemutted liarit;and(b)any sums already collected iram Borrower which exoeeded pemutted limiu will be refundod w �
<br /> $orrower. Lender may'choose to make this refuid by reducing the principal owcA wder the Note or by rnaking a direct -
<br /> . paymem ta Borrc►wer, tf a refund reduces prirtcipal, the reduction•will be tteated as a paitiai prepayme�u withaut arry -
<br /> �i. � -
<br /> �- PnP�Y�;�e undcr 1he Notc. � . _
<br /> 14.Ndi�es.Any notice to Born�wer pmvidcd for in this Security Instrumeni sha116e_given by deliveri�it or by mailirtg �
<br /> �t by fitst class mail untess applicable law requireti use of another methad.The notico�hall be directed ta the Propetty Address -
<br /> �or any other address Barmwer designates by noiice to Lender. Any natice ta l,ender cha11 be given by first ctass mail to -
<br /> l,ender s addr�s statod herein or any other address l.ender designates by natice ta Honower. Any r�tice provlded for in this `
<br /> --- Securlty In�trument sirall6e dechned ta havc bccn given ta Barrawcr ar l.euder whcn given ati pravided in th�c'para�raph. °
<br /> — — 1S.Goveraing I.aw; Sererabillty. This Security-lnstrument shafl b� govcrned by fode�al iaw and the law of the �
<br /> l� jqtisdi�i�n in which the Propetiy is loaited. In ehe event tlwi nny provision or claure of this Seturity+ Instrument or the Note =
<br /> '�`:"' conflicts with appliSable luw.such conflict shap nai affcet other pmvisians of this Security Instrumeni ar the Note which can be -.
<br /> ��>.. given etfert without the cunflicting provixion.Ta this end the pmvisiom af this Security Instrument and the Note are declured -
<br /> — _=-`�•`-'�"' . tobeseverable. � � -
<br /> � 16.Borrower's Copy.Borrowcr shzll be given onc canfamxd a+py of thc Notc and of this 5ccurity Instrument. =
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