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<br /> _ � ooa�aan�ian or ud�er taicioE��Y P����OPMY•or facanrreyaaoe in lieu af candna�tw�,aie i�eb�is�t�eea iwd� ; . , -
<br /> � � �ii bc p�id to 6a�da: - � - � . ; ,-.
<br /> `__�.b..'.,.�e_.,e�_r.rst nu�e.ef d�P�noo�.��sl�stl.be aoDlied ta tf�suais secuced aY�-�!' ---.
<br /> - - _. __�t
<br /> - — - - - _ �- `L�u�omc.wbes6er or nd then due.wuti�ry eaccess pud ta Bamwe`Tn��r e eyen�o�a pa�t3al-takins�t1K�+ope�y_ � -_-
<br /> wf�icb Y6e f�ir marl�et Yatue af t6e Pcopeity imtnodiattiY befae the talcnig is a�uil to a g�at�r than�e amauu af t6t"aarnt ` . ,
<br /> , se�d by dus Se�ity Insuwnent m�nedia�NY.befae the Wciny�,tuiless&xmwer aatt•l.ender oUxrwise Agice in�iwriti�. � ,
<br /> � �the sums aecu�ed by this Socutiry G�saun�shail be�edaced 6y�the y�wu�x of the pracad.g muidplied by�che faAlowina -
<br /> -----"Gactiao:�a�th taTai��aanraf tt�e smas�se�a��Y i�etot+tibe iaking:divid�ct by tb)t�e#s��stiazkeE vals�s�i�C--... ._, .
<br /> PtopeRy immedistely bofae tbe taicing. My b�}�nce sbal!bc p�id to 8ociower. ta.tlu tvent of a p�ti#1 takiug of the
<br /> P�nperty in wi�ich ti�e fair m�icet vatue of ti�Pt+nperty immediat+el,y btfoce the rriceng is ksc than tl�e a�r�aant of the wms
<br /> secuRd immediacely beFoc�e the talcing.unless Borrower and Le�der a6e�wix agree w writing or unkss applicabk law
<br /> :otia�wise provides,the proceeds sl�all be applied to the sum.s secu�ed by this Security Instrumrnt whether or iat�he aums a�e ,
<br /> .thei�due. " ' •
<br /> - —i�thegmpe�ty-iss�d�r�orcanver.oc if afrecnMice_bg tiender ca Borrawer thu•th�ca�deraaar of'f�rs to make _ ._ . _
<br /> ' an awacdor satk a claim for da�nages.Baaower fails w nespond to[.ender witlun 30 days after the date the natioe is givan.
<br /> Lender is autl�b►'v.ed to colkct_and apply the proceeds.at its option,either to iestocation or nepair of the Property a�to the
<br /> wms secoted bg tbis Secnrity Ltsorome�whether or aot ttra►due. . .
<br /> � . Uniess L.ender and Botrower ntl�erwise agne in writing,any lication of p�wceeds ro principai sbaU not exta�d ar
<br /> postpona tbe due ci�te of the monthiY paYment,e�e€eried to iu p�gt'ath�a and 2 or cha(rge ihe amount of sucb paymettts.
<br /> ' 11. �orrowa Not�ed; Forbesrasoe Bc�der Nat`A Wairer. Extension af the time.for paymrnt or
<br /> mciditication of�;of ti�sums secu�by tbis Sei�aity�{nsaument gtanted by Lender to�any successar.in int�vest
<br /> of Bo�mwer shall nat o�eitime to irlease tbe{isbility oE�e.txe,,,�nal8arower or Bartawer�s.�ccessols us iatenst l�ender
<br /> shaU�wt be ce�ggited to�amaxnee p�ncoedings agarnst any�uccxssoc in inurest or�fuse to e�ctend time for psyment or
<br /> odjcrwise mad�Tnwrtizati�n af the sm�cs secund by tl►is Security Instrument by reaso�i of any demand madt by the odgmai
<br /> Bor�vwer.a��+ouvsr"s spca.4so�s in inte�rst. Any forBeardnce by l.ender in eze�ising any right or remaly shall rwt be a
<br /> . : .;;��iia�i�e�fude the ea��s of any riglit ar ranad��;..,� . _ .
<br /> •= �,� : :� ��:1Z:���ors�F�.ih`ga�Baasd�Joint�i Seriaral Lia6tlity;Co�ness. The covenanu and ag�ts of�his
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<br />_ �`�Sxarity lris�rment s1�a;I 6i�'�nd 6e�she sacces�s�and assigns ef 1-ender and Borrower,subject to the�novisions of
<br /> - _ paragnp�II:�Samvlrer's,"�."v.e�i�tts zu�:.��eemenis shall 6e joisu�ar.�several.Any Borrower wha co-signs chis Security
<br />-- � Insuutnent but cioes not ex���`��= Ca)is co-signing this Sec��r��[nstrumen[only to mortgage.grant and eoavey that . °
<br /> — - -- --Bairower's interest m it�e F��'ty w�der titie u�ss of this Security in'stiament;tb)i.4 not pasona[lyo6rgated to fsav tfie xum�. .•.:
<br /> - - secu�cd lry dus SeLVrity I�srmen�and(c)ag�+ees that Lender and any other Bvaower may agc�ee ra esced�.a'��:forbear�: :
<br />- or make any accoirunodat��ns witb ngard to the temu of this Secudty hutrument or the Note a-ii*oas t^3s�orrowers '
<br /> s consenc = ,
<br /> ' 13. I.o�n Clalraes: If the loan secunA by this Security Insttument is subject ta a law.��.�.�h sets maximum ioan �
<br />-- ebarges.and that iaw is finally interpreted so ihat the intercst or od�er loan charges callected or io fie coltected in connection '
<br /> with the laan exceed tt�e peunitted limits.the�: (al a�►y such taan charge shall be reu�aced by the amount aecescmy.to reduce
<br /> "'� tfie chargC to the permiaes�Cc�ni�and(b)any sums aUeady collected from Borrower a�hich exceeded perrnine�9�s will t�e .. -.
<br /> n ' � �fuMed to Bomuwe�. Lerr3er may choose to make this refund by reducing the principai awed under ihe Note or!�t making a _
<br />;;-.� direct pa�ment to Borrower. If a:efurtd reduces�ipal.the reduction wil!be treated as a pac¢���repayment vvithout any
<br /> prepayment�harge under the Note.
<br /> • lq, Notices. My notice to Barrawer provided for in this Scc�y InsmJmene shall Iiz�:��by delivering it or by .
<br /> mailjng it by first class maiE anless app(icuble law requims usc of anattsec method."�'Eae noticc s:iail be directed to the Property •
<br /> Address or any otf�er add�.�Borrower designates by notice t�Lender. Any rnr:.:co C.ender�hall be given by first class
<br /> --- mail to Lender?s address s;a:ed herein or any nther address l.ender desirnates by notice to Borrower. Any notice provided for
<br />= »thjs Soc��nsavment shaU be deemed to have been given t�L3sinrower or Lender when given as provided in this
<br />.-i} ` �7"'r"" : .
<br /> � - 15. G�reswi�L�x: Severxb�lity. This Security Ins�rumens shaU he gavemed by federal taw and the law of the
<br /> ��" jurisdiction in whicfi t�fie�t'aperty ic tac�ted. in the eve�ei�any pravision or clau�e of this Security Instnimea�or the Nate
<br /> = conflicu with uppliea�?:��aw.such cantlict rhall not afi`��ther provi�ians af ihis Sese:�ity in�trument ar the 1tc��whicfi ran
<br /> .:;: be given effec�tvithout ihe conflicting provitiian. TaeL:�cnd the pravisi�ms oF Ihis Secudty tn�;uument'ar.�z�e Note are
<br /> s� declared tobeseverable: '
<br />`_.� lf. Ro�row�ee's Copy. Borrower chall 6e given ane wnformed copy af thc Nate:snd of t':s�urity In�trument.
<br /> ==��` 17. Transfe�otthe 1'roperty ar a Beneficial interest in Horrower. If all or�ny paA af tC�:Properiy or any interest in
<br /> -`'� it is roW ar transferted{vr if a beneficial interest in B�srrower is u�ld or tr�nsferred_and�orrower is not a natural penan)
<br /> " witl�out Lender's prior as�a�consent.lxnder may.��:s option,mquire immediate payment in full of sU sums sccured by
<br /> this Security Lnstrumer� �Eowever,this option shaU r[ot 6e exercised by Lcnder ii oxercitie is pmhibited by federal law as af '
<br /> ='�;_ the date of dt3a Security Insavment. �
<br /> .;;; If Leax#er eaercises this option.ixnde�yhall give Barrower��ue of xcctcra�inn. The ncy:�xt shatl provide s�perial of
<br /> ntx less than 30 days from the date�he notice iti delivered ar mailed u ithin which Basrower n:;:��y:�II.ums secured by this
<br /> - gee�y insaamerr�. li�'iai�vwor idii�iv�aj :`a;�, �;�r.s�.;:a:.a:h;.:xpiralbcu.af this�iu�ul, !ender m.���nv�kP nny
<br /> ,�K-,' remedies permitted by this Security Instrument witho4�further notice or demand on�arrower.
<br />`_ 5� 18�. Boerower's Rig1U to Reinstate. lf Borroa�v merts certain condition�. 8ortower�hatl havc II.e rght to have
<br /> enforcement of this Seeurity In`trument discontinued at any time pri�u to the eadier nf: (a►5 u:j�s(or tiuch other pericxt ug
<br />- . • SingteFamity••Fae�k�faei6reddk�fpcl�%lil)R�11�tiTRCt1F:rT••Irnifnrr.�C�=:nant. 9l9A ���.r�a��jd�x�xes►
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