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<br /> 000demn�tian or otlwr tdcins of�ny p�ft ot ehr P�ap�hty.or tor cotwry�r in iiw d co�d�o�don.re I�q�ti�w1�wi ..
<br /> �II b p�id W l.endet. „ • �.�••; • - .
<br /> In�he awet d a �oal hkin� of�be'P�ap�et�.�hs �eawdr idl M �pWi �a.thA,s� �d ��1i���aai�y �
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<br /> .. LWtrwna�t.whe�her a not tlK,n dua.w�kh��pdd w 8onowror. la tM�t d�i p�rtW�d i�w io
<br /> w'hi�h the hir nrtket value ot d�e�P�ropatY ine�nA�+��Y��Ihe Iski�ir egwl b a�t��he w�nowK o� �
<br /> �aeuced by diis Securlry Inrtnpnent immedi�oely befaro the t�kin�.unle�Bamower and l,ender a�he�wLe'�de�1 ie�rritiy. .
<br /> Ihe aans�o�wed by tbtt Secudty Inunrne+�t ah�il be rodi�ed by tbe�wunt of dws plrxard:mulliplied by d�e toiMwb� ..
<br /> tr�edon: (�)da total�rt�ount of the wau secw�d im�oedLle1y befae the taiil�.divided by Qb)�ba t�ir m�rkat vaiw�d Iha
<br /> Prope�tS'ir�unedi�tcly beforu �he 9alcin;�. ,My b�la�ue shall be pnid to �orrowa. In the eveat of a parttal�af the .
<br /> Hnpetty in which tl�o hir muka value at tbe R»petty imm�edir�e�y 6efae the arin{b lat Ih�n tbe�ntouet d �aa�
<br /> �ecurod imn�adLtely 6efare tMe hkin�,unlexs Bunow�er md L.enler od�se�pee!n wdtin�a wtlai�p¢�bie 4w
<br /> odbrwfea p�avlda.the proceed�ch�l)bo�ppliod W the wrm rxured by ttd�Socudty In�qtiaaent wLad�er ot aat�he wn�t aee
<br /> d�aa due.
<br /> - V the Pi�ity is aWnda�,d!ry Bamorr�r.or�f.niter rto�ce by lr�eler to Banower�hq�s ax�demnoc n��o mdca - -
<br /> m Rwa�d or seule a cWm far d�maga.Hortowa fdls w��etpond to l,endar wi�hin 30 d�yo�Rer�ho dau tha natia is�iven,
<br /> I.ender is aalhorized w collect u�d apply 1ho proceeds.At Ita option�eithar w mstaratlon er�atir ot Wc,Propa�ty ar to tbe
<br /> wnu secwad by thia Secudty Listnunen4 whether or not ti�n due.
<br /> Unkss Lendier and Bormwer ott�aw�se agroe in writing.�nY icadun of pmceeds W p�inaip�l�U aot extmd a
<br /> poWp�oe the due data of the monthlY PaY�ta refeaed w ia�1 �nd 2 or cbange the a�no�mt of wch Wy�na►ta.
<br /> il. Borrower Not Rek�ned; �a�6a�ra�oe Br I.e�kr Not • Walver. Facta�+ion of tbe tim� fa paymeat a
<br /> mod�ii'vadion of amonizadon of tho sums secw+ed by�hta Security L�ctrornrnt granoad by i.erider w any wcaswr Ia�
<br /> of 8camwer sh�ll not operate w mkASe the liability of the cxiginal Ronnwar or Bormwerk:uccessora in iat�enest.L.ader
<br /> �U �iot 6e�equirod to commence pnaceMing�against any suocessor in interest or�fuse w eatend dme for paiyma�t a
<br /> oti��wise modify�ao�titition of the sums secured by thls Security Inswrna�t by rcason of�ny dtm�nd m�de by the ori�inal
<br /> Bunower a Sarowuk aucoes.wrs in interew. My fo�bearance by Lencler Iu�exercis�iaR any ri�ht or ianedy ahdl�wt be a
<br /> - waiver of or prcclude the excnisc of any right or remedy.
<br /> -- 12. Succe�ors and A�s 8ouad;Joiut pnd Several LiabWt'=Co-siQaers. Thc covenw�ts and agreements af thtt
<br /> Securliy Inawmau s�Aa11 bind wnd benefit the sucoescors end assigns of l.endar�►d Botrowet.wb}ect w the proviaioas vf
<br /> par�graph 17. Bcxtowerb covenants and agreements shall be joint and several.My Bonower wha co-aigne this Socurity
<br /> - ni spumant but does not eKceute the Note: (a)is co-signing this Savrity inspument only w mortgage,graal and canvey that .
<br /> _ ' Barower`s interost ln the Prope�ty under tho terms of lhis Sxu�ity Inswment; (b)is not personally obligakd to pay the suma
<br /> seciired by this Security fnshumen��nd(c)agners that Lendrr and any other Bwmwer may agnee ta extend�fY.fa�O�t'
<br /> "'. ``--- or make any a000mmodwions with regru+d w the terms of this Security Instniment or the Nae wfthout tlut BonoMVCr�
<br />-- < °� cOi►SC11t.
<br /> -��,t 13. I.asa Caar�es, If the loan secured fiy this Security Instrument is subject to�law whkh sets m�imum loan
<br />_ - rh�ee,and th�!aw 4s flnnlly int�r�+rrtal�n that�he in�e�cx ahu loan charges collected or to be collected in cooeecdon
<br /> {�"` with iGe loan exoxd the permitted lunits,then: (a)eny such loan charge shall be rcduad by the a�nount nec�saary to�educx
<br /> '�-' ;7�; the eharge w the permitted limit;and(b)any sums aheady colkctcd from Bomower which exceeded permiued limits wiU ba
<br /> iefunded to Bortower. Lender may choo�e to make this refur�A by reducing the principal owed undar the Noto or by maldng a
<br />-- diroct payment to Borrower. if a refund reduces princi�al,the reduetion will be aeated as a partfal prepayment wfthout any .
<br /> pnpayment chargc urtder Ihe Note.
<br /> ' �' 14. Notices. Any notice to Borrower provided far in this Secu�ity Instn�ment shell bc given by delivering it or by
<br />—. ..;� ''• meiling it by first class mail unless applicable law requfres use of another method.The notice shall be directed to the F4operty
<br /> ; �:.�; ,: Addness or any other address Borrower designates by nocice to Lender. Any ootice to l.ender shall be given by first class
<br /> mail to Lcndcr a eddress s�nted hercin or any ather addres4 Lender designates by notice to Borrower. Any notice providod for
<br /> ,�: � #}: �yK; • in this Security Instmment sholl be damed to fiave been given to eorrower or Lender when given as provWed in thic
<br />-� �•�;, �,.; �.� paragraph.
<br /> :;,rv,-ca aq.• 1S. Governing Law; Seveeab8ity. This Securi�y Inxaument shull be governed by federal law and the law of ttte
<br /> a��+��,.:.,.�.
<br /> • �--M���� judsdiction in which the Property is located. In�he event thut any provisian or clause of this Security Insttument or the Note
<br /> ,.�'�;:a�=•:.,.� •,..-�. .
<br />�:E . ,- cu�ifiicta wlth Applicable law,suct►confliet sl�a!!r.ot affect other proeisions of this Se�urity In�tnimPnt or the(Ynte which can
<br /> ''''�'�`� ` �� '�� " be given effect without the conflicting provisian. 'Ib this end�he provixionx of this Security Instrument and the Note are
<br /> ��°��`:,:�� i' declared to be severable.
<br /> ���,.�:` . • ' 16. Borrower's Capy. Borrower shull be given one confortncd cupy of�he Note and of this Secu�ity Instrument.
<br /> . ;•\,&�;:,•w;... ,� 17. 7lransfer oP fhe Praperty or a Beneiicial Interest in Borrower. IT ull ur uny pan of�he Property or any interest in
<br /> '1k+���,;�,:; ,'.. it is sold or trnnsfeRed (or if u beneficial interest in Bnrrowcr is suld or trunsfcrred and Borrower is not u natuml person)
<br /> .:;,,:_ �.�,�-� • wi�how lxndcr's prior wriuen con+ent,Lendrr muy.ut itti uption,rcquire immediate puyment in full of all sums secured by
<br />- � :�. . �.�. thi�Security Ins�rument. However,this opti�n ahall not be exercised by Lender it'exereise is prohibited by fedeml Inw aa of
<br /> '`};`v.� ' �i; ,. thedare of�hls Security Instrument.
<br /> • t:��+ � � li Lender exercises Ihis option,l.ender shull give B�irrawer notire of rcceleru�ion. The notice shull provide a periad of
<br /> ��•- :; : �,�'Y�;`•';. • not less than 30 days irom the dute the notice ix delivered or muilyd wi�hin which Borrower must pay ull sums secured by this
<br /> �' •• ;;;;;::�;�� ,;: S�,curity lnstrument. If Borrower fail+to pry Ihe�+ums prior ta �he cxpirution of thix periad, l.ender may invoke any
<br />"' ` � .;;;,;,,�,� � r�medies permined by thi+Scrurit�•ln+trumrnt withoul furlNer notice or demund on B�irniwer.
<br />_ : . 18. Borrower•s Rlqht to [teinstate. It'Bi�rcowrr mcclx rertoin canJition+. Borrower tihall have �he right to have
<br /> - , • ., enforeement of this Security Inxtrumenl discominued a� an�•timr prior ti��hc curlkr of: (u1 5 Juys(or such other period as
<br /> �,. " . Siagk Faunfly-•Fa�ie Nx/tYcdd{e�far l'�IF(IR�1I�STRI'�1F.YT--Unifonn Cnvenunu 9/90 1/x+Re I nfn poResl
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