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<br /> ` �l�r qp�p1�t�1C tfbQltliO�d,�[dlt CQfitlD 0��.lII�El.rt�Il10[f�i�if�t1�fC'OOYEi7�CC(ill t�fC�IOIQiE��tfC$fG.�li1G� .' ,
<br /> ��� �`, �����Pm!�'�.bY���PP�'�������n�av�itabie�rd is dx�iued:�latorvd`sis�tl,p�p -
<br /> .tl�a O�emiwns��equirod to.m�i�aia moagse ia�moe ia effe�oc to provide 3[oss aeserve.uia�the ca�urement fur<!aor�tg�e .
<br /> ' iris�uance ends iir aooadanoe vYith any rwrimed ag�nt betwan Borrov�er�f�endn`or:applic�bl�liw.. , • � < . -
<br /> �� '�3 lespeeuon.Imdec oe its�at ta�Y t{nice�so�nble ea�ri;es upon.�nd it�spaxfons of t6e Progat}F.;Lander shaU gfye., •
<br /> . ° ;Boaaaru aatior at d�c tidi�at or prior tc►an�a�ect�on�yi�g rease�abk c�tor the in�. . . ` � _ �
<br /> � ` � 1Q. Coode�tiai.'tbe pmceeds of any awaid or daim for damaga.:dirat or conxquattial. in cor�t�atioa with a�
<br /> — � �o�a�arioR or ottia taitius�of aay pa�f of ttte P�operty:or foi cnmeyanoe in liw ef�on¢e�untion.ait he�sy assignai aud � .
<br /> - �att be�aid m�endet.. -- � _ _ . �. - . : � ,, - < < _ -� � � -.
<br /> In t�e eva�t of a total��siting of t6e Fropeity,�tbt pcoceec�s`s6ai1 be applied ta t6e snms secuiat by ihis Servricy l++a�*+�' �
<br /> wi�ier ttr tat tixo dne.witd any e�tc�paid to Bor�bwec Ia t6e aEera of a pACtia!taidrtg af thc Pc+c�pecty,in w6iCh thc fait. � .
<br /> muica va�te of t8e Pnopeity immedia[dy befot��e�is a�qaal ca or gre�a tfian t!x amonat of the sums secared b�r this ' .
<br />- `�n'�Y�nuq�nt iaanedlatdy�efosr tbe tatEing.unlas Bor�swer and�a�der�ise sgk+ee In�rraing.t6e swp�s sav�nd bp . .
<br /> < this Securitq Inst�wa�t st�all be raduced hY dte amount of the p�ooeals�1tiAliad hs! die fnllowing fc�tion: (a)tbe Wta� •
<br /> mnoutr of d�e.s�mq�`saviced i�s1Y bef0�the tal�ng.divi�ied bg(b)tLe fair mprice.t value of the PFapcity i�omcdaoety .
<br /> ti�fon dse tatang. My b�lance sdail bC P��.m Borro�rer. In tbe eva�t of a p�tial takiag of the PiopMy in whidt dje fair . .
<br /> _ , madce[vatue of the Piopecry irrunediacely before t6er mkiag is less t�daa the amaunt of tba sums s�urod imma�dy 6efone d�e
<br /> pJcing.uNess Bo�ruvrer�nd Len�er otherwise�tec i�,wrh�ag or ualess appl�ble!aw�be�w�sr pc+avides. the pdac�ceds st�alt .
<br />-_ , be applied w t6t snna seeoted by d�is Soauuy�whpher or not ttie sums are tfim due.,� � ,
<br />_ � � If t6e P�opetty is abaadoned b�Borrow�er.or if.after a�otice by Irenda w Bormarer fhat dse bundemaor o�ers w malce sus � .
<br /> - ° awac�d cr satte�a c1a�for d�s.Bonowa t�its to cespond to Lsnder witbra 30 days�aRei tbe tla�e tl�notivc is given.
<br /> ' �sr�d�t is�thoriud ta coliect aad'a�ply tbe proceeAs.at its opt�on,eittt�w reswiatiag or nep�air c�f tLe Fmperty or w tbe sums
<br />-= 3oaued by t6is SxaritY I�,whemer or mt then dnc. � - � �
<br />` • UnLess 1sad�s aod�ama�a at6e:wise agra in�in8• �Y aPNicsdoa of proceeds w.principal sball i�ot exta�d or .
<br />_ ,� pos�ane.the due d�e of�6e imontl�ty p�ymen�s ief`e�ied ou in ptia�s 1 md 2 or`dnage d,e an�aunc of nuh�►yrneras.
<br /> . 11.Barnaw�er Not Raldeed:�BJ I.eader Nat a Wa�iva:�ion of drc tmae for p�ymenc or modif�tion . �
<br />; of�of tbe swas secaned bY t�s S�ritY,In�8canted bY Lender to�ay saoaasor in ira+enest of 8�o�mw�sbatl -
<br />-, _-.---- not opedute to nka�e dia l�t{'iry of tbe o��wrea or 8oizva►i�s suooesso�s iA inie�Lender shatt ao[�be neqaiiedtv . _
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<br /> - eo�p�ae pcnoeed��an!►,suaaasor in inoa+est or nefuaa to e�coeod time for paymau or athawise modify amortirrtion ��,:.
<br /> of the wm� saa�iad hy tl�s Stanityt Ita�uarat bY nei�son of any dem�M m�de by tbe aigi�t Boaawer ct Bonnvrer's - �;=-...,�
<br /> ` waces�o�s la i�.Aay fabaraaoe b�r I,eader tn a�aay rig6t or remedy tball aot 6e a aaiver of or proclude�tbe , �--_
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<br /> - I2.8�eeewa a�i Arp�-.1�■■�J�i�t a�d&�eeal I�1�bii�C�aipax.'i'�e cova�ts aad sgroements of dris =_ -
<br /> Say�rity I�nait smdl bind md beaefit d�e aaooessois aqd migm of I.eader aad Bornawa. sabject w t6e pmviaioffi of ��,�_
<br /> . �w�gcapb 1T. Bono�er's cavamts atd� aMll 6e jd� aod �evaal. Atry, HocmMer.wlw oo�siSas Wis SxuricY —_
<br /> ' �:,:,,�� ,.Imuumeat�at does not ezecute the Note: (a)is ea�sigoing this Saartlry 1a�tOmau onty to mort8�•8���Y� ��-:=.�-•_
<br />- - Bu�vwer'a iema�est in tde Pmpecty ander the tenm af tl�s Seeariey I�(b)b not persooalIy oblig�ed to pay ths s� � °
<br /> - .�;�.,�,:.� secuned by this Soauity Ia�nnd(c)agcr�tbat Leaier mid aay otl�r Bots�wer may agoee w extend,modify.forbear or ...�
<br /> ��.�p.-.::' .make aay aa�ommodatiops with ngard to the terms of tbis Sewrity'lasceameat or tha Notc aithout that Bomower's conseat. c�"-�',
<br /> _+'B�' J���!�� =:}-f`-�.
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<br /> r,.;..�.,f.; !;, ` 13. Lo�n CMtges.IF tbe loan sewned by this Sec�urlty�mt is sabjoct to a law whicb sas maximum loaa charges. . °�. -
<br /> and that!aw is B�IIy interpreted so that the inu�+est or other loan chazges oollaxod or w be collaxed in connection with the � �� .
<br /> laoa eaoeed tl�e penrattod limits.dfen: (a)anY such loaa dmrge shall be rodaced Dy tbe aarowtt neoessacy co reduae the charge -
<br />- w ttre permiued limi�aM(b)any sums already collocted from Bomower which eucaded permittod limits will be nfuMed to - '�" -
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<br /> Hort+�wer. Leuder may cdoose W make.this refund by reducing the principal awed andet the Natt or by.malc�g a dii�xt ., - ,;
<br /> . - �=��::_w�;�;�� p�aymeat'to Borrower. If a refdnd r�dnces prbicipat. the roducxion will be ueat� � a P�� Pr�Y�� wi�hont azry � �
<br /> -..,; ;" P�Y��B�under the Note. .
<br /> . �: • 14.Nottas.Any notice w Borrowet provided for in this Security taswmntt shall be given by delivering'it or by mailing � -.�. .. � '•.
<br /> `�,�i_��� . . ._,
<br /> �-��:,.-f` it by Srst class mail wiless applicable Iaw requlres use of anothe r me t h o d.T h e nori r e shall be direrted w the Pmperty Address _
<br /> �' ��-:=' vr aay otder addnss Barnawer designat�s by rtotice to Ler�der. Any natice to Lender sh�l! be given by first'cl�s mail to ' .-
<br /> -C�����y:,:, Loixter's address stated haroin or aay ot6er address Lender designazes by notice to Borrower. My notive provided for in this .' � . ,
<br />. .,.�.5=`-�;;'-. � 5avrity Instrumeat shaU be deemed to hav�been given to Borrower oc Le�e�when given as provided in this paragraph. . _.:. . ,
<br /> .'.:� �:-=��'-,'' IS.Governing Law; Severability. This Security iastrument shaU be govemod by Pederal !aw and tlte law of dte -
<br /> _ ' '�,_:;-�:'�:' pecty • ro��ision or clause of this 5avd Insttumeat or che Note :
<br /> �;;,:,: °:� jurisdicdon in which the Pm is l�cated. In the event that anY P �Y - • `-.
<br /> . �"-'' `".` conflicts with applicable law.such cenflict shall aot affect other provisioas of this Security Insttument ar the Note which cmn be � ' .
<br /> •r`T'•�'�� • _ given effect without the conflieting provision. To this end the provisions of this Security Instzument and the Note an declared
<br /> ":-�� to be seve�able. • : ,-
<br /> '*�'��.�:,• + f No and ithisSecurit fnstrument. �• � ..-_-��
<br /> _����`� 16.Bonnwer s Copy.Borrower shall be given one canfortn�l copy o the te u y .
<br /> �`t'�r� ' • , Foetn 3028 9/80 .
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