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<br /> _�___=,�_ � � 93„
<br /> �osi�oonde�nnwNan or dhor ulcin�uf�ny pan af 11te P�operiy.or fnr convay�xa b�litu ot cande�lon.iue bereby��nod�wl
<br /> dyll be p�W ta I.ender.
<br /> _ !n 1he event of �toul ukln�of the Prnpe�ty. IM� pnacads�Iw11 be applied to the wmi �ecurcd by thie Secu�ily
<br /> - Inst�ument,whettkr ur nd�hen due.w�th u�y exa�s p�id to Normwcr. In�hc ovent of a p�r�l� �Wcin�oP U►o Property in
<br /> which the fiii�m�rlcet vduo uf Ihe Property immcdl�tely before Ihc I�Cin�iR oyu�l to ar�rewte��han Iho amaunt of the Rum�
<br /> secw�ed by thi�Sacu�ity Inwrument imrnediwtoly before IMc�pking.unlcs�BcNmwer und I.endcr athcrwf�c agrco in wdlin�,
<br /> �bo wms�ecurod by thi� 5ecuriry instrument�h�ll be roducwl bY iho em�wnt af Ihc proceeda mulliplied by tha falbwfo�
<br /> fr�cdon: (a)the tdal art�ount of IFK xurnr�ocured immediatcly befarc tix talcin�.divlda! by(b)Ihe fair markcc value of tik
<br /> thapeoy immedialely bctom the tekiog. Any balance�hull bc puid to Bonower. In thc cvcnt af a partlal t�lcing of clx
<br /> Pr�erty in which tha fdr muket value af Ihe Propcny Immediotaly bcio�+e the taking is ksr than thc emount of thc sur�u
<br /> �ecuad immcdintely beforo the teking. unkxs Bamawer and I.,�nder otherwiee a�nec in w�iting ar unlass uppliceble law
<br /> otherwiso provWe�,the proceedr thall be�pplied to�hc�umr wxuned by ipfs 3ecudty Insuvment whcther or not�ha Rumr a�e
<br /> �hen dua.
<br /> If the Propeny is abandancd by Borrower,or if.after notice by I.endcr to Borrower that tt�c candemnor offerx to makc
<br /> �""" ---� on awud or scttle a cleim for damages,Bamwcr fails tu�spond to Lcnder within 30 deyK aflrr the date thc noticc ia givcn.
<br /> l.ender is�uthorized to collect end upply�he proceeds,at i�s opion,citMer to rcatoration or repai�of the Propeny or to thc
<br /> wma securcd by this Securiry Instrumem,whether or not then due.
<br /> Unless l.ender and Bort+ower otherwise Agree in writing.any applicatiaa af proeeeds to princip�l sh�ll�ot extend ar
<br /> postpoae the due date af the monthly payments refemed to in paragraphs 1 and 2 or change tlrc xmount of such paynnent�.
<br /> il. Borro� Nat Rckased; Fa'bea�nee By Leader Not� Wxiver, Extension of the time for paymcm ar
<br /> moditication of a�wrtization of the sums securcd by this S�:�rily Instrument gnuNed by Lender to�ny successor m ioterest
<br /> oF�dr�awer shall�at ope�te to release the liability of t¢re ari�inul B�a�rower or Borrower�s successors In l�terest. Lender
<br /> sl�al!not be requi�ed ro commence praceedings against any succe��or in +ntesss�or�efu�c to extend time for payment or
<br /> oilxnvise modify amortizption of the sums st�:�ured by this Secarity lnscrumerat by reason af any demancl made by the qri�i�al
<br /> .,,f;i;;,,"�` � 8arrower or Barrower's successxs ln int�rest. Any forlbearance byl.ender in exereis�ng any right or remedy shadB twi be� -
<br /> �;.:';,u+x`'F waiv�r of or preclude�exeroi�c of any right�rn remtet�y.
<br /> .-_��egedlAy':t�.� _
<br /> .,;,,,;:«,�; �2. 4ucce�sars Aad Assf,grac&aua�l;Jaict a�d SeverAJ l.ia�llity;C�-s�gaoers. 1'he em-eaamns aa�d aga�eempnts of this
<br />_-._:��:;�+±it;�,,,,,_, Sec�raty last�mem shall bind and bea�effi�the suc��e�unt�assn�ms of L��tder and 8ar'ower,sw'�ject�o the provlsions of '
<br /> :;;;:�,R;�
<br />-. _.�� purAgru�}: 17. Boeaawerk covena��s and agr+eementy sC�al�he jvi�na and sevrral. Any Borrower wlw cavigns thls Security
<br />-.--3�%d;�g--� Inslrurnent b�ut cl�es nat execute tne Note: Iu)�s co-sigmng thia Security Instrument onty to mortgage,grant and convey tha�
<br /> �� 'Barro�•$r�inuerPSt iro�he Property under the temts of this Secudty Ins�rument; (b)is not personally obliguted to pay the sums
<br /> secured by this Security insuument;and(c)agrees thnt Lender nnd any other Borrowcr may ag�+ee to extend,modify,forbea
<br /> or meke any accc►mmodatianR with�egad to the tertns of this Security Inxtrument or the Nate without ihat BorrowcrY
<br /> concent.
<br /> 13. LoAn Clwrges. If the loan secared by Ihis Securi�y Instn�mrnt is subject�o o luw which netx muximum l�sm
<br /> churgea.wid[ha[1ow ia finwiiy interp�teti su tiuii thc inlcm3i ur utircr iuml�hdige��Giic'�ted af ia i�CaiieCied iti Cutitieci�atl
<br /> wfth the loan excad the permitted limitti.then: (u)nny�uch lonn charKe�hAll 6e redui:ed by�he nmcwnt necessary N�rcduce
<br /> Ihe chargc tp Ihe permined Ilmil:c�nd(b)ony r+umx ulreudy collecled Gam Borrower which eacceded pem�itted limilx wlll bc
<br /> rcPunded to Borrower. Lender moy choore io muke Ihi.r•refund by reduring the principal oweJ under�he Nate or by muking a
<br /> direct pAymeret to B�rn►wer. If u refund reducex prinripal.�he reduclio�will 6e trr�ted w:u puAful prepayment wiihoul any
<br /> __ prcpayment charge under�he Note.
<br /> - ----- 14. Notiees. Any naice to Borrower provided for in thix Security Instrument shall be given by delivering it ot by
<br /> __ mailing it by fi�at cla�a muil unless applic�6le law reyuires u�of nnother method.The nwice shall be directed to the IM►peny
<br /> --=---��---m— Address or any other uddross Borrower daignates by notice to Lendcr. Any nadce to l.endcr+hall he given by fir�st clags
<br /> ��^��� mai)to L.ender's uddress stelcd herein or any othcr uddress l.ender designe�es by naiice to Borrowcr. Any na�ice provided for _
<br /> — in thia Security lns�rument shall be deemed to have been given �o Barower or Lender when given us provided in thic
<br /> ����� �E15�Governing Lww;Severebqity. This Security Instrument shall be govemed by fedeml lew and the law of the -
<br /> - ~"'''�''� jurisdictian in which the Propeny is lacuted. In the event that uny provision or clause of this Security Instrument or the Note
<br /> ----°`"�� conflicts with applicable law,such conflict Ehpll not affect other provi�ionx of tbis Security lnurument or the Note which enn
<br /> °-"�'�� be given effect wi�hou�the contlicting pravision. 'lo�his end the provisions of this Security Instrumem and ihe Noie iue `
<br /> _ _-- declared to be severablc. -
<br /> - ���--�'� l6. Borrower's Copy. Borrower xhall be given or�e conformcd copy of the Note und of�h ix Seeuriry Instrument.
<br /> ��'.__�y,7�Fr.,
<br /> -�,:���,;;..r� 17. 7�wnster of the Property or a&netkial lnterest in Borrower. If all or uny part of the Propeny ar any interest in
<br /> - it is sold ar transferred(ar if u benef ici�l interest in Borrnwer ix sold or trun9ferred and Borrower is not n nalural personl
<br /> u=�,.;����;"� without l.enderi�prior written consent, Lender muy,ut its aption, reyuire immediate payment in full of oll xums securcd by
<br /> - `'�"^ this Security Instrument. However,this op�ion shnll nw be exercitied by l.ender if exercise is prohibited by federal I�w as of
<br /> `��'���?�- the date of this Security Instrument.
<br /> —�°'�"���''•� ��� lf Lender exereives this optian,Lencier shall give Borrower notice of uccelerution. The notice xhull provide a period of -
<br /> �..�. .,..,,.•
<br /> • ��---�� not less ttian 30 dnyx from�he date Ihe notice i�e delivered or muikci wi�h in which Borrower must puy ull sumx xecured by this
<br /> :. �..,':.,.
<br />__--=-;���� Securiry Instrument. If Borrower fails ta puy theu: xums prior to ihc expirution of thiti periad. Lender may invoke uny
<br /> "�''-°'.�-=�~'•�•=�• remedies permitted by this Security Inwrumeot without further nwice or demuod on Bartower.
<br />-'-;`:_���:; � •�� 18. Borrower's Right to Retnstate. If Bomower mectx ccrtain canditionx, Bixrower shall have the right to huve _
<br /> :����• rnfarement of this Securi�y Instrument di�cominued ut ony time prinr [o the earlier of: /al S day,lor xuch cu�er pc:riod as
<br /> f^.��_s.,r,., ;,�. .
<br /> .=�'*`,X�^:�?-'"• ' Smgl¢Family-•F�odc Mac/Freddle Moc UNIFYNtN��TRUMENT--Unitium Cur.num. 9/9Y 1/�X�J ufA�weXrsi
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