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<br /> p�e�aey m lae�be � �t tha option of Laider if mos�e�ia�np�e ac�eta�t(�s t�aea��t awd�or iLe paiod� . - :
<br /> < • �i�t•�:�}pinnv�mfl�+a�i�a ap�ovad 6�txodeR'�'°bea�naes ava�ae aod is a6t�od�Hoa�a�w�er�It�
<br /> �e�teq3itnd to�ma�e u�sueaooe in effee�.or�o provide a l�SS nseive.ad'�tbe�nq�t!or aa�` _ � .
<br /> `- i�aooe eads iay000�aoe�ith�g�utat s�cgemart be�t�nae�Bo�r�aod i.enda'oar appi'icable ta�v. . � --
<br /> ` ` . !Lqi�e�iw.lrader or it��,eat mwy aal�e ia�om6te antiies opoo and i���e @t+opeciy-Etader sh�� : �
<br /> � Boimw�er nutioe at the f�aof or pdoY to w i�pe�tion s�ec�'yin�rl�aaabie eaµs�E,far the.impe�na. . `' � , '
<br /> I�:C�ie�tis�.The,pt�a�c�ods a'F any a�a�d or�dsim fur�.�+ac!oc ao�soqu�ml,in co�rne�ao�art�►
<br /> � `�n or`otUec tatuegbf aay pa�t o�t`T�e Rapat�,��rr aomregaoce iti t�u af�.ae�Le�d�Y�P�-� -
<br /> _ . �tdl 6e pai�l tn I�ei�der. , ' � ' • � ` � � �
<br /> � Ia ihe eva�of�ta�ta�g of tbe rr�pe�ty.me prooeeds stnP�be�ad to tba s�s s�+ea by tbus soauiiy msaumaet: �
<br /> w�l�or not tbea due.oruh mry ereccs ptid to&xtuvPa. In,die eYmt t►f a pa�tial talung of the Propaty m whicfi�e fiis �
<br /> nnalrct value bf tht Property irtnae�atdy bef'an tbe talcin�g is eqml to`�.g�et�II�anom�af#!t shmq�seaund�by this � .
<br /> �r�t�mediatdy btfont thc nhiag,aatess 8�owu and Lada otl�a�vise ag�c+c in-w�ritiria.ttx su�s��iure,id by
<br /> dns 5ecuritY i�a�E s6�1Z be�oduood by tht amoa�of.tbr penoeeds nultiptfiad.b9 th�foiio�!in8�sat�n�ts?�die toia!
<br /> atnount af thc s�ns secqied�.i�ne�ate�y befisne the tatiAg,divided by(b)the fair�vatue uf tbe Pmp�rity im�io�ntdy �
<br /> - bd'ort t1�tak!nB=:AnS-�lanoe stsail be paid.w Boirow� In dre evmt of a partiat ta�ing of tbe�nopecty in vvLid�tbe frir
<br /> ma�lut da(ue of tbe Pcopaty�mec�rly bafaie tt�e tatissg is less tban tbe amo�of t6e su�s se�vt+ed imme�tSly befae the`
<br /> �•�'�: tatcit�.utdss$�avPer�d 1Jeadcr odier�ise�in writing or ude�anpl'icAble law a�tierWis�pFOVidas.dt pruoeeds stn11 ,
<br /> _� . be aipp�liad to d�e su�s�arod,b!'tLis Seau+tS'L�aument whethes or not the sums ace tbm�e. . .
<br /> [f tde Pt+nQeat�is a�uda�ed by Bor�+a�'v�r,or�if,aft�i notioe by I.rnder to Boirower d�u the�of�ers to m�lct au
<br />- _ ` awacd ar�ttfe a claim for da�mges.Barnower fails to sespnnd w Leoder widun 30 days after tbe�date the notia is given.
<br /> __- I.e�der is aathorized to onik,c�am apply tt�e pnooeeds:at iu o�tion.either to r�storation ot trpair af tfie Piopaty o�r tv tb�sams
<br /> - , � secamd by this Seari[y Inmtnt�eat.wt�ett�er ar not tlyrn due. •
<br /> Unkss[+a�der md Borr�nwer otMwi.se ag�+oe in writing. anY aPpTi�tian of piooeeds to isiac.ipal s6att aot esoa�d or
<br /> po�pane tl�e dae date of tbe�numhty paynneots referred to in p�agra�hs 1 aad 2 or c6auge the arna�nt of such paymaits-
<br /> � _ I l:`Bona�Nat Rckased;Fur6earanre Bg I.eoaer Not s Wiiveir Exteasioa.nf the time for Qaymetu or mod�fir�tion - -
<br />. , of aRnmtiration af d�e sums s�an�r�d by this Securiry hutrument granted bY leader to auy sneoes.sot in uuerest o�Bomnwer sha1J - -
<br /> .'� . aot�perate w ietease the liabitity of the original BoTrower ar BorroweX's succes.wrs iu inteiest Lrender sl�all not be reqttirad W . --
<br />` -� . - - eommence Pmceedings againu�y.su�sor in irte�est ar refuse io extend-time for paymeat or othe�rise madify maomzation --
<br /> -`�' of tbe snms secur+ad by this Secarity Insaument by reason of arry demand made by the ori�nal Borrower or�Bortow�er's __--
<br />-- - s�sots iu inteiest. Aay fufiearanoe by Ltnder in es�rc�sing any rigtn or n�mody sam11 not be a w�aiver,of or ptectnde t6e —_
<br /> � �-�--_ eaercise of arry rigM or_ranacly. � . . .
<br /> . ,�_•._.c-•' 12.Saoo�ors aad Assigns Bonnd:Jaiat s�nd Sereral Lisbility; Co�go4s• The coveaants and agreemeats of this
<br /> - ~�, Secnaty Insteument.sha�!bies�!ared beneGt th� successors ard assigas af i.ender and Barniwer. subject w the pmvisions of
<br /> ',;�� .�,.�: j �' - Qaragaph 17. Borrower s ooveaants and agreemaus shail be joiat and sevetal. My Bornnwer who oo-sigas this Securiry _
<br /> - �'�--� 2;:�" :'; hutrurnent but daes not execute the Note: (a)is co-signing this Socurity Inmume�u only to mortgage.gr,wt aad oomey d�at = ---
<br /> . . -� Borruwer s iraet�est in the Property u�der the temi.s of this Security instrument;(b>is ndt persona411y obtigated to pay ihe sums * T---
<br /> �.: ae�:
<br /> � ' ' cecur+�d by this Security intitrwne�rt:and(c!agrr.es that Lender and any other Borrower may agree to extend.modify.forbear or -:-.;.,,:
<br /> � -. � ., � mafce anp acaom�nodutians u•ith regard w the terms of this Securiry Instrument or the Note withont that Borrawer s consent. • �;':�T
<br /> � :�_y._ � � _�:. : 13.I.oan A�arges.iP�he laan secured by this Security lnstrument is subjec[to a law which sets maximum laan charges. .
<br />� - _ ' _ - ; - and that law is fi�lly interpreted w that the iaurest or olher loan charges caltected or ta be�ollected in com�ection with the .' �, _
<br />_ ':`'���' '� ' laan exoeed the pennitted limits.then:Ia)any�uch taan charge st�all be reduced by the amaunt necessary to reduce the charge �
<br /> '1 __ ` . to t1re pemimed timit:m�d(b►any sztms alnacty coltectcd from Bamower which exeee�led permitted limits will be refu�ed w . :
<br /> . _ • . Borrower. Lendier may chane ta make thn refurtd I�y reducing the principal owed under the Nate or by making a direct - � ._. '"�{
<br /> _ � � ...._..... ,._t paymce�t t� Bc+rmwer. ti a reWnd reduce� principal. the reduction wip bc trcatod ati a partial ptepayment aithout atry -
<br /> _ • . � prepayrnentcharge undcrthc Nate. ' " e
<br />,, � • ' : 14.Notiees.Any noticc tn Botrower provided for in ehic Securiry in�trument shall bc givcn by delivcting it or by mailing • ,_
<br /> ' . . it by first dass mai!unlea u}�plicable Taw�tequire4 u�e of anather methad.The notice shall t�e dirocted to the Praperty Address
<br /> ---- - � '. .. -� , ar.any other addre�� &�rtower d�.�ignateti by nntice to l.endcr. Any noticc to lsnder 4ha11 t+e given by first cla�s mail ta
<br /> � .__._ .. l�erufer's address uatod herein or any other addres.I.ender designate.ti by nntice to�Banower. Any naticc pravided for in this.:. _'.,_ .,
<br /> � T��. ` Security Mrtrument chall t+e decmcd to havc bcen givcn to Bonower or Lcnder when given a>pmviJcd in thi's paragraph.
<br /> � ., : • I5.Gmerni� Lt�w: Sererubilit�•. This Security Instrument .hall Ue govemcd�by falcral taw and �he. law of the .' -
<br /> 4��•..�_ : ` _�„ _ juriuliction in which the P�openy i.Incat�d. In the c�ent that any provi.ion�r clautic uf thiti Sccurity ln�trument or the Note
<br /> -�- � "�=' � - - ' � mnfiicts with applirsbtc taw,tiuch mnflict tihall not affcct othcr prm•i,i�mr uf thiti Sccurity Imtrumcm or thc Notc�vhic h pn b e -� -_�-=-
<br />: . -.�- . - ._ givcn effect withnut thc cunOicKing pn+vi�ion. Tu thi�cnd the pravki�+m of this Security lntitrununt anel the Note are.declar0d , _ .
<br /> . . • �to_bc ticvcr�le. . .
<br /> - • " 16.Borrow'er's Copy.He�rma•er tihafl be gicen cme ronformcd copy of the N��te and uf thi�5cavrity ln.tmment.
<br /> • � Fam 3028 9190 •
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