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<br /> � . ��Y�D t01�Cf�C!�.��O�hOR Of�!�glQ�i�,��CG CW�(��1�C��fOt1�IC��;"z
<br /> is�r �S)Q[ovided b��iewrer�p�e;aed 6y t�eoder s�inrbemo�nes i�v�blff aed is pbamed.l�ae�e3r�paY � �
<br /> tbe peem�s�reqaiced fo mi�in mo�e,i�anoc in dirst,or tb prnvidri bss nsav�mt��teq�ir�at fo�aaortEi�e �
<br /> ` , �eoe ads in'ao�oo�oe�vrttt avy�erit�aaceemart`bdwan Boao�rc aod�er a,r�ppiicabk�_ . . • � . ' '
<br /> • � . �!�elie�.i,e�deto�-its a�t mry mai��reasoo�ble�eaeries apoa and i�sspe�ot tb�Pmptiiy-Isnda sbal[�ve .
<br /> ' Bac��mEi�s at t6e tii�e of a�Pci�x w�n i�peCUan speafyinS crcs�um6it saase for die in�tio�. . �
<br /> � , �.i�.G�iea�.1be,pmoeeds of aqtr a�ra�d ar daim fcx dan�es:�or opns�al,h�oac�oect�n�rnth aoy►. �
<br /> _ �os at6es.�of a�r�ui e�t��t�upatq.sgfor_eem��raoo�ia lieu s�'�.a�e�ss�gned and - ,. -
<br /> ' atall be�aid to I.raidu. �• ' , � � � � . �
<br /> . In tht eirenCof a t�t�ting of i6e Pmpaty„drc pca�oaeds shail 6e ap�d'iod to tha�seau�by ti�is Saoutity l�r�q�nt. k:
<br /> �or not tben due.vvith ary e�oess p�id w Bomo�rer.In tbe eveat of a partial W�ing of tbe Pcq�aty ia wl�ic5 t6e 6ir
<br /> mar�cd v>>Wa�f t�Fi`tipe�ty�madi�te�p bafat�Q tbe t�1�3ng is a�ust io ar�er tlrron�e a�nqmt t�f tbe sums saWrad by fms .'
<br /> `�e�ityt�ant imroedwtdy bd'd�ne dre d�n�;nnle�s Boaoarer aod Isnder atbC�ise agiee iR wridog..l�s�saaited Iry �
<br /> • t6�Sec�ity 7nunmaenc sSoU 6e ne�ced,by the amouat of tbe P�vcoods malppliod bY ibe fdbN►in& fra�ion:da)d�e tuad �
<br /> : amoonc of a�e s�:sec�aa nnmoai�tdy bd'oie u�e tald�g.dividod i�r ro),we�fai:muica watae�q�f t6��ope�ty►�ae�dy .
<br /> 6efae�e'�.My bal�noe.sAaA 6c pud.w Bar�awa.•In the�eva�t o�h paniat midng of tLe Pmpasy In which tbe fair
<br /> . m�lret v{fue of the P�apenp�no�tdy befoce tbe taicTn$is hss th�m the amQunt af d�e su��ed i�e�etY befont d�e .
<br /> . �.unlsss Bonowe,�and Lende�othawise agrCn`ia vori�ag ar�lrss.applicable lavv odrervQi.ce pmvldes.•tLe piac�ds s1�U � �
<br /> be�pplied to the sums secur+od liy dris Sacaritq Insuument w6etlier Pr not'tfie svms ane tbea doe. ' , .
<br /> if the�Ymperty is abandoned by Borr+nwa.or if,afrA-notiot by Lt�ndar w,Borr+a�ra eUat�he c�d�nor o�s to m�ire aa
<br /> av�ar settte a c�for�mages.Bonower fa�'�w��spotd to 4nder w�3Q days aher the date tbe aotioe is givm.
<br /> �I:ad4s,is aothor'rmd to collat and apply tLe pmaeds.at iu uphosi,eitlxt to reswration or rep�ir of�e Frap�ty ot w ef�e svms �
<br /> socaced by ihis Sbe�ity Insumned,wMber or not thn due. . • . .
<br /> � Untes�t Lendev a�d Bortuwet aRbenvise a8cee in writing. anY �ppI'�tian of ptaxeds w p�incip�i s�ll aot pctwd or
<br /> : �ostpaae tbe dQe date of the momhty paymeats nfernd to in pa�a�1 and 2 or d�aage d�e amount of such paymeMs.
<br /> , - ,. lI.Bo�ro�eer Nat Rdeased;For6euanoe By I.eader Not a Waiva.Bxtrnsion of the time for paytaent ot mod'ificatian
<br /> ' of amortizatioa af d�e sum�sccmed by dus Secoricy hat�omear��xN by i,ende�w amy smcaessaria�b�oenesc of 9ormw�er s6alt -
<br /> aot opetate w alease tl�ee liabiGty of the originai Hotrovyer or Borrower's sucassors in interest.I.endet�sl�all not be�equired to
<br /> - anmmmce proaod'mgs�ainu a�suocessor in intemst or rcfitse to exte�d time for payme�u os aLerwise modify amort�zaaon
<br />= of the sums setured by this Sercuriry I�tsumetit by reason of amr demand made by the original Bormwer ar Borrower's
<br />- stooes5ois in interest Any forbearanoe by Lender in exercising an}r dgM or teme6y shalt rrot 6e a waiver of or prxtiule the
<br /> = exe�cisc of smy rigM or�y. .
<br /> 12. Saoe�s and A� Boa�d:Joiat aad Serer�l Li�6ilit3,(�-s�a�c.The cnvenanu and asramcnts of this
<br /> =- Security Instiument shall bind and beaefit tbe sur�sots and,assignc of Lender aaSf Botmwer,subject to the pmvisions of
<br /> paragraph 17. 8orrower's eovetrants aM agree�t�mt.c shatl be joint and�everat. My Borrower who co�signs this Secarity
<br />- 1�stnta�at but does aot execare tbe Note:(a)i�co-sigaing this Seauity�ua�t aaly w mo�tgage,graat aa!rnaveyr that
<br /> Borrower's interest in the Properiy under the terms of this Security lnstrument:(b)is noi personaUy obligated tQ pay the sunic •
<br /> secured by this Security butrument:and lc)'�gc�oes that Ixndet and any ather Borrawer may agr�e to eatend.�aiodify.forbear ar —
<br /> tnake any acaonpnadations with regand to the tem�s of this Security Instrument or the Note wi�hout th�Borrower's c�ontent. � �
<br /> � 13.L�n Cbarges.If the loan secured by this Secur�ty Instrument is subject to a law which sets masimum loan charges. -
<br /> md that law is finatly i�ctpreted so that the interest or other loan charges coflected or to.be c'allected in connoctian with tbe�
<br /> la�n exceed tlie permitted liinits,then: (a)any such loan charge siiall be reduoed by the amount neces5ary to reduce the charge
<br />- to tUe pem�itte0limit:and(A�anY sums atready wllected from Borrowcr which exceoded pernsitted limiu wi116e refunded w
<br /> Borrower. l.ender may choose.to make this refund by reducing the principal awed under tl�e Note or by making a dizect _
<br /> payment m Borrower. If a refuncf reduces principel. thc raduction wif! be trrated as a partial PrepaYmeni without 'any
<br /> prepayment charge under the Note. ' '
<br /> 14.Notias.Any�tice ta EorravYer pravided for in this Security Instrument shall be given by dellvering it or by mailing =
<br /> it by�rst class mail untess applicable law requices use of artothe�methad.The ru�tice shali be diretted to the Property Address =
<br /> ar aey other address Borrower designatcs by notice tn Lender. Any notice to Lender shall be given by first ctasa mail to
<br /> Lender's address stated herein or any other address Lender designatcs by natice to Borrowcr. Any notice provided far in this
<br /> -_ � Security lnstrument shail be deemod to have been given to Borrower ar Lxtxler when givcn ac pr�vided in this paragraph. �
<br /> - ��L�-'°' IS.Goveratag Law; 5eve�lity. This Securiry M,strumeni shait be govcmai by foderat iaw and the law ofthe _
<br />- `��::t jurisdiction in which the Property is tocatal. In the event that any pruvisiun or clrusc of this Se�;urity instrument ur ihe Note -
<br /> , :;,;;,�,�,.. oonflicts with applirable law.such rnnflict ahal!nc�t affect othcr pmvisi��of this 5ecuri�y Imtrumrnt or the Note which can be �
<br /> ;%� `° ' - given effect without the canflicting provision.To this end the provi�ions of thiti 5ecuriry Intitrument and the Note are declared
<br /> - z''�" to be severable. "
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<br />= 16.Borrower's Copy.Borrower shall be given onc mnfom�ai copy of thc Nntc and of this Serurity Instrument.
<br /> . ipm 3028 8l90'
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