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Ti�p�ao4ea`s of�r��rarii�oc daim fa�d�a,�tect oi aon�oermt.+7n.��'iu9. . . <br /> -�:- � =a�tm�t'soa�c alha t�ice�s�€a��rit.�€the�y.o�fa kopvty�it�rien nf modr�oa:a� _ ��-- _-� -- - " <br /> ai�d <br /> . s�_bep�d�IsadeL < ; - � ., — � : <br /> � - Ia t6e evmc of:wral`�o�the�opac�►,tue pno�}eds�be i�pgBea w tf�c so�sow�ai uji�8e�Secat�j►I�rua�t.. <br /> � �Irer o�not Wea dee.�vit6.�ny ezoess p�id to�oc�o�ps.Tn d�s esreat�s pada141�iqg di the'Pmpaty in�rhich�he f�ir ` . <br /> �` �m�it raiae aE the-Poope�tY i�se�dX 6dae tbe t�iu��is ts�pl to ac�tpltr�aa the�ano�uir cf th��ioeaeed b�r tLi�' - - <br /> , 5ep�iity Imuuoialeuaie�li�odY bdae�e dve�y.mdas BaQaw�er ao�1 I�at6ai�ri�e s�e m�vritiy�,'the s�nc seai�ed�ryr <br /> t�S�ecuruy.I�um�mt sWU ve.�od�a�d try dre amo�mt of t1�e p�oeeds mulriptied trq t6�foilu!�rina��iOn: ts)t6e Iotat . <br /> . awodnt a�the'sums sa9�e��y'bcfoie thc qiaig.divdod bY�(b)ibe�m�r)cet�v�tr3e of 8ie PtopatY im�mefi�dY <br /> be�peie�e nki�. My bri�e s1a11 be pid to Bonovvtr. In the eveqt of a Pac�i�t�g of tl�Pmp�tly in�d�o.fanr . ' <br /> nprlcd vatoe of du.�iopatY i�dme�elY�foi+athe t�kitg is less�mt t�a amoait of tLe s�se�etne�immo�'6e�ane d�e <br /> • �,pdd�s_Ba�+x��dd I.enderadre�rise agroe in�rtitia�ar miless�ptic�bk ta�r u�6awise provides,the p�eoeds sl�ti � _ . <br />- t�e spplied to tLa s�sewtad,by'tbis Seamty Insuunsmt w�hetLer or not tbc s�ace tl�ea&�e. � , <br /> ' ' ' . ff tbe ProQeEig is abondouod�by Harrn�ru,os if,aRer notioe l,ry I�nda w Bn�mrirer tli�the aondemoor offers w mwke an _ <br /> • a+�d ar settle a claim for dm��s.Batrower fa�1s to respard W I.eader wit6in 30 days after the d�te the natict�pven; ' <br /> ' Ia�der is suthorhodd to oM1dx smd�aPptY th�pmo�eds,yt its aplion,e�dnr to n�tion or nepaer of tLe P�+epaty ar w;ha smns'. . <br /> seared Iy ilns Secarity�,w6bt1�or uot.tbeo iue. .. : • � <br /> � . . Unkss I:a�der md Bonower a�hetwise agroe in writin8, anY application of pc000eds w priqcipat sball not txuend or <br /> postpone Me dne date of'the mrnuhlq pryaierus ntErned w ia paea�phg t aad 2 or diaage the amount of,�ch payn�nts. . <br /> 11.,Banvwa Nat�Relqlse�d;F�oce By I.eoder Nd s Wairer.F.xtension of the time for payment ar modifiauion <br /> af arooeti�ion of/he�ns xc+ueed by this Se�vrity T�traine�gtanted by�I.a�der to�►y suoeeccos ia iaterest o�H�m�rer sh�llll.-- �._- . <br /> uot operate m ttleace tbe liability of the ariginal Bonower ot Fomawer's succes.wis iri i�t�.l:etKkr shaU eot be rarymed to <br /> ` �oe p�oopedings against an}►succe3svs in ir�taest or reft�se w exteod time for payaient�or othctwise modify amortizatioi► • <br /> of the sun�saa�rad by this Secority Ins�innem b3► reason of ap�y deuraM made by the origimi Bormwu or Borroaer's <br /> suaoesso�s In int�erest.My fm�bca�'m�oe dy I.eMer in eiercisiirg any right or�y shall mt be a waive�af or preclnde tbe <br /> exeicise of�ty right or mnody. , � <br /> l2. Saooe�ora aod A9sI�Bound:'JoieR wd,Seveal I.i�lbi�ity; C,o�Oets.The covermNS ard ageements of this � <br /> Sd�n'iry Ituttumaat shatl biad and ba�et'rt We suaoessors and assigas of Lender and Borrower, subjxt w the provisionv of , <br /> � pangreph t9. Horrawer's rnveaants aM agraat�ents sha!! be joi�rt and seveeal. Atry,Borfawer.who casi�ns this Se�vrity <br /> Inchument but,das.not exerttte tLe Nou: (a>is rn-signing this Security lnsttument only to mortgage.g�ant a�d ooavey that <br /> Bomnwtr's in�in the Property�uder the tenns of this Secarity Instrument:(b)Is not personally obligated to pay tde sums <br /> socurod by this.Security L�stn�ment:and<c)agrccs that Lender and any other Bomuwer may agree to extend.modify.forbeac�r <br /> make any a000mmod�tions with regacd to the tertns of this Secutity Instiument or the Note without that Borrower's cansent. <br /> 13.Laan C�.If the loan socumd 6y this Security Instrument is subject to a law which sets maximum laaa charges, <br /> and tf�at taw is finally interpreded so'that the�interest or other loan charges collected or ta be vollo�od in oannaction wlth t6e <br /> loan oxooed the pe�raiued limits,then:(a)anY such loan charge shall be reduced by thc amoant neces�ary w reduce the cl�arge <br /> • ta tbe permiued liapt;and(b)any sums already calleROd fram&►rrower which eaceeded permittect limiu wiU be r�efunded to <br /> Bormwer. Le�ider may choose to make this refund by reducing the principal awed under the Note or by makiag a direct <br /> , pay�ent to $orrower. If a refund reduces principal. the reduction will be treated as a partial�prepay�nl wiUrout any <br /> preQayment charge uixler the Nae. , ' � � , <br /> 14.NMioes:My notiw to Borrawer provided for in this Sccurity Instrument shall be given by delivering�it or by mailing <br /> it by fl�st class mail unless applicable law reyuires use of another methad. 'I7ie natice shall be directed to the Prope�ty Address <br /> or any other address 8arrower designates by noticc to Lender. Any natice ta [.ender sh�ll be given by first ctass mail tv <br /> l.ender's address stated hcrein or any other address t�ender desigmdtes by notice ta Baaower. Any ru►tice provided for in this <br /> Security instrtimebt sha11 be deemed ta have becn given ta Hc�rtawer or l.ender v�hen given as prtwided ia tdis Qatagraph. <br /> 1S.Governiug l.�w; 5everability. This Security Inurument shall bc g�rvcmed by fed6rul law and the Iaw of the <br /> jurlsdiction In which the Properly is locatod.1n ehe event that any pnovisian or clause af this 5ecurity ln�wncnt or the 1Vote <br /> cdnflicts with applicable law.s�uh oonflict shall not affect�+ther provisions of this Security Instrument or thc Nate which can be <br /> given effect without the oonflicting provision.To this ertd the provisioas of this Secudty Instrument and the Note am declared <br /> to be severabte. <br /> I6.Bornower'a Copy.Borrower shatl 6e given one c�nfomxxl copy c�f the.Nrne and of tfiis Security Instrument. <br /> ` Ponn 3028 8/90 <br /> . 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