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<br /> - - � Qayae�p�„�,sa to�a i�a req�i„�d;�t tie cpaoa of�.��et���1°fm tLe awoe�t aa for,�pyaoa• �-- � `
<br /> �tYt ireider neq�iee�)pe�a►ided b�r+���PPi�bY i�'�b0°°�+ira�6le aM�s uUt�ined.�aa�i�II Pl _ .__
<br /> ' , �tre pani�s ieqoiipd b m�iabis aatP�e iw�aooe i�diect.ar to penvide s las nsa've,wm7 tbe�quimmaot fo��octO�F� ,
<br /> �wt�oc ead�i�aopo�oce tr�6 asy Mrit�m�teeoe�hetiNeen Bo�r�d Leader or appliCabk 1a�v.
<br /> . !t��epM�.�r ar its�erA��y mdoa td�ble,eot�ics upon aod in�e�tiaas.of t6e PnoQeKy,.,3eodes�11 pv�,• .
<br /> •Bam�ra AoEioe at 16��ime ot ar prior ta m impectio6 spdcifyin8�k cau�e for iSE impe�tioe. , �
<br /> li.Co�tlo�.'i'�e Pcaoe�s o�f aoy awud ot cWtn for da�mrgts.ditect or consoqua�dsl,t�t aaonection�rith tny .
<br /> cao�emm�tioo ar at6er tatina of aay pnt of We Pcope�ty,or fa aoavey�nce in lieu of 000dGmoatiao,at�e 6enb�1 swtnQd asd
<br /> ��ll be pid�-1�e�lec. _ � < . _ ` , ` • - �
<br /> � In tie erent of a W W taicin8 ot the P�opett�,the pmoeedc shdl be app�iod tb th�e wms savzad by r6is'Se�vrBy Instrumdat.
<br /> �r6e�Yer ur mt tbeu due,witb any e�cess p�id to Borrawer.In t6e as►e�of a p�tial t�idua of ti�e PioQe�ty in�v6icb dx f�ic �
<br /> arrtet valoe of Wa Peapeny immo�d�Y befoc�tbe taiong is�quat ta or gnater thm.t6e amoant bf the auap secaiat by dds
<br /> S�c�y Isprmea�immediatd�6e�ae tbe tatio�,uakst Borm+Mer md lsader otbetvvise�ee iu anting,the au�a secvted by
<br /> � etis Setwriry�tcomeat shall 6c�uoed b3►the�o�a�t of tLe qocoeas mulpPl�ed bi►the fallo�it� fnctio�'. (a)tbe tnd ,
<br /> ' �mount of tbe aua�seaied ina�u�edisoely befae dre talciag,divided IsY(b)tl�e fair muka vaiue ot t6e Pmp�ty i�miadirleiy
<br /> � � befoc�tbr�•MY A�1a�c�sldll tie paid w Borrower.:In tde ereot of a putiai t�iciag of tha Prcpecty ia which tbe t#is
<br /> metet vdne of tBe PmpeRy�tY 6efore the talcing is kss tlwa the a�nwnt of tNe sum�saa�ced immediateiy before tbe
<br /> htioE,naiess Hoaow�a�Imkr o�ise ag�+ce in vrriting or mless applicable lsw athecvt-ise pnovides.tde p�oc�eeds al�fll
<br /> — 6e appliod to tbe,sum+sauzod by t6is Saatriry Iasdumeat whdher or not the sap�a are th�due. ,
<br /> _ � � (f tbe�mQeny is a�ndoned 6y Borrower,or if,after notioe by La�der ta Bormwer t6�t the c�dasau�or of�as ta mtice an
<br />-- aNUd ar sdtle a claim fos d�g�s,Borrower fails to cespond w Leader witl�n 30 d�ys aRer the�te We r�otice is Sivea,
<br /> � I.ader is�uthoci�ed to oollect aed�pply tUe p�eceedg,at its option,either to�storatian or rrpatr of tbe Prupetty or to t6e sams `
<br /> ==- — ' '. �eau�ed b!►this Sean�Y I�m�t�wbaber.a not then dnc. . •
<br /> -� • Unkss I�eaWet aod BomnvPa otherwise agroe in wSitinB. �Y �PPlic�tiat of prooeods w piinclpal sl�A tat extead ar' -
<br />_= po�tpone tbe due d�te of t6e moahIy prymaMs t�eferred W ia p�agrs�1 aad 2 or d�aage the amaunt of such payments. •
<br />=.�`: 11.Eore+�wer Nat Rde�ed:Forbeara�oe BY i.eader Not#WsWtr.�Extention of tbe tim�for p►ymeat ar modific�tion
<br /> '" of anwid�tion of the sams saaind by tlus Security Instrame�t 8ranted 6y lsnder to apy swccassor in inte�+est of Borrower sl�ll . -
<br />-'- mt opente to nekase�thc liabaity of tbe arigfcit Barrower or Bormwc.R:��s in interest.Leader studl mt ifa nquit+ed w `
<br /> =- -- - — - - - _ ..
<br /> ;.:� . �e pcpee�iII$s ygAtnst any sncassor iir inteast or�use to extead tatte��,.-:�sent or atberwise modify amorti�tio�t- - _
<br /> .: of the swns secured by this Sea�rity Insuument bq �of any demand mx��:y tbe odSln�l Bormwer or Borrowec's
<br />":7::: �
<br /> . � atecescors in urtecest.Aay forbearanoe by Laader iir exe�s�-i,ang aay right o��medy shaU mt be a wtiver oi or preclude tbe
<br /> � a�ercise of�ry right or.remedy. ' :. :
<br /> I2.S�oes aad A�dpta Bomd;.�oi�rE� &veral Liability, Co-�oe�s. The coveaaats aod agcoe�neats of this
<br />� • Sxurity Ia�t shs11 bind and benofit t6e,successois'a�d assigns af Leader and 8omawer, sabject to the prsvisions of
<br /> pu�gt9ph l7. Bocr�ower's covenants aod.�rtements .shali ix joint and sevecal. An� Borrower who oo-signs ti5is Socurlty
<br /> L�umnnx b�t das mt exaute t6e Note: {al is co�signing this Socuriry Iacaument anly to mortgage. grant aaB convey that
<br /> _ Borrnwet's inurat in tde Property ander ffie tetms of this Security Instcameat;(b)Is not persor.alty obligated to pay d�e sums
<br /> ' ;, socurod by tAis Sxurity Instnunent;and(c�a�rees that 1.ender aod any atber8oaower may agnee to extend,modit'y,forbear ar
<br /> maYe any aceomttiodarians vvith rega�d to t�e tem�s of this Security Iastn�ment or the Note without that Barrower's coasent.
<br /> �3,i,an Cha�ey.Ig the loan secured py this Security Instma�ent is subject to a law ahich sets ma�cimum loan charges,
<br />' - anct tt�at law is finally interpre,ted so that the interest or other loan charges collected or to be coft� in connection with the �``
<br /> loaa cxc�d the peca+ittod limits.then: (a)anY.such taan cbarge shall be rednood by the art�ount neeessary to roduce the c6arge `=_-
<br /> � : to the pe�mitted limit:and (b)airy sams atre�Y co{tected from Borrower which cacecded pemutted Itmiis wiil be refundod W �
<br /> Bomnwer. I.ender may choose to maice this refund by �ducing the principal owed under the Note or.by making a dimt °'�
<br /> • ��' paymeat to Borrower. If a c+��nd reduces principal, thc reduction will 6e t�cated ag a pa�tial prepaymea4 v��Ethouc s�uy �-'
<br /> ' . � pnepayment charge under tire I4o�e. � �:
<br /> 14.Notkes.My notiae►rs Borrower provided for in this Security Instmment shall be givcn by delivering it oc by maUing
<br />� _ it by first class r.�a�1 anless app:icabte law requires use of another mcthod.The notice shall be directod to the Property Addiass ''�-
<br /> � _ or any ather address Borr�u'�.designates by natice to Lcnder. Arry ruotice to Lendcr shall be given by first class mail to %'-'°
<br /> . Lender's address statod herei�vi any othcr address Lender designates 6y noticc io 8orrowcr. Any notice pcovided for in thi� _
<br /> ' Sowrity Instrument shall be d�med to have been given to Borrower or Lcnder when given as provided in this paragraph. ✓'
<br /> .. �s�Gov�I.a�y;8eveablli/y. 'I9ds Secarity Iastrumcnt shall be govecned by federal law and the law of tUe
<br />-:.,..4. .: jurisdictian in a'Iuch the Property is located.ln the cveat that any provision or clause of thls Security Instmment or the Note -
<br />;:a;;.:;:; • �� conAicts wlth applicable law,such conflict shafl not affact Qt6er pravisions of this Security Instrument or the Note which pn bo
<br /> _ . ___ _ �en effect wlthout the oa�i�xiag provision.To this eca�.t�to proYisions of this Sccurity lnstrument and tho Note are declared ,;;�;
<br /> .' ;, to be severable. Fr, .
<br /> �;�. 16.Bore�axer's Copy.$orrawet shall be given onc wnfomxd copy aP thc Notc and uf this Security Insuument.
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