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<br /> oonde�an�tioa cr aher ukin�af�ny prt o�ttM p+q�ty.ar Pa f�vsy�oar�u lbu d ooad�allat.aro bwebY�ssi�wi�od . �
<br /> . ,�!n d eweYent ot�wu! t�lcln=ot the Property,the�p�aed��11 be Rpplbd to �he wm� rac.�ured by d�is 3ec�rity i
<br /> In�n�an�wlwther or not d�en due�with my axces�p�W to Borrower. In�he avenl of a�utW lakuy M tAepro�y in
<br /> wbich�he fd�muket v�Jue at Iiw P�operty immediatoly beforo thc t�icin�is eqwl to o!grater Ih�n�ho amourn ot t�o s-uma
<br /> �ocu�d by this Secudry Imdument imrnediitely bcforo�he lakin�.unbu�Bonnwer u�d Lender dhe�vrlse�rce in writi�,
<br /> the sum��ecuted by thi�3ecudty Lutrumau tluill 6c teducod by the amount ot the pmceeda multiplied by the fdlawins
<br /> _ .—.--�--- fraction; (n)the total emcxmt of the sumR eecu�ed immedi�tely 6efore�he taking,divided by(b)tha tdr rtwka value o!tbe
<br /> Piroperty immedi�taly beforc the talcing. My b�1�M;e sh�ll be p�id to Barower. In tho evrnt of a partiai qtcina of�he
<br /> Property in whicb�he fiir market vdue of�he Property immediately befone the teking la less than the amaunt of tha aums
<br /> recured immedi�tely beforo the telcing. unkss Borrower and Lender atherwi�ag�as in wr�linB•Qr,qnis�s.applica6lo law
<br /> dhawise provjdes.the prootncla�11 be applied to tt�+su�secwe�d by dtis.S�Oau�ily Utepwnem W�ath�r q;uvt the Qums ue
<br /> _ �----� tM��we. �
<br /> If�E�e�1rope�is�bandonod�DX Bcx�ar�rr.ar if;af�ar o�i�by I;.r�tr a►Barower that the ca�d��nnor of�ern to m�ico
<br /> �aa,�a�a�t,i�[or dao�,g�s,Hoacv�yer fails p�+c.+o�ov Lcmier withi�30 days after the date the npii�c�s givbn,
<br /> . . �.enqer is a�yhorizc��to co�w+�appyr.ct�ce prooeeds.ac�s upadn,elthcr tP LcstoiatioT�of.repdii of the Pf�pex[jr or I,V 1he
<br /> a�ais secured by ihia Secur+ty An�tzument.whether cir aoa 9fien due. . '
<br /> � � .,Unless I,ender und�rower cMherwise Ag� in writing,any applieadon of prac�eeds to prlaeipa!ahaU nat extend or
<br /> . � postpone 1he due date'oP ihe mohthlY payments refcmed ta in paragcnphR 1 and 2 or change the wmount of such paymentc.
<br /> il. Bo�ower Not Releaied; Fbrbewrana By Lender Not a Waiver. &tensian of the time for payment or
<br /> modificadon of amoriivation of the sums secured by lhis Security I�:tniment grantcd by Le�dar ta any successor in interest
<br /> of Barrower ahall not operate w rclease Iho liobllity of�he originol Borrower or Borrowerk successars in ioto�sl.Lender
<br /> sh�l �ot be roquited to commence proi.�e�linga A�alnst any succexsor in intereat or refuse to extond time fcu paymcnt ar
<br /> otherwlse modify wnoni�uulion of the aums xecurod by this 3ecudty InRuumeM by�rosan of any demand mwle by tlie ori�{ind
<br /> Bcxmwer or Borrower's rucceesorn in interea�. Any fbrbcuarke by Lxnder M eRercirin�ony rf�ht or r�emody�hsll not 6e■
<br /> - waivcr af or prcclude thc cacrcise af uny rfQht��r rcmcdy.
<br /> 12. 6u�cea�ors�pd AnKai Noundt Jolal�nd 5ievenl LIaWUIyi l'a�l�nen. Tho cuvename w�d a�rcement��f�hiK
<br /> - Securlly Uu+Itumeni khull bfncl und hrneflt �he ruccrx�rrn and Nrri�nr,ul'l.rnder wrHl 8��rmwcr,nubJec�to Ihe pn,vi�lonr�f
<br /> p�n�raph !7.Barn�werw cuvenamr wK!r�noen�entM�hall he J�►in�unJ ticverul.Any �rtower who ca•sl�n�ihir SecurUy
<br /> In�liumenl hut�k�e�n�N execute Ihe Nde: Ipl ir co•.rlgniny{Ihix�curUy In�lmmenl only In nH�rl��go,8ran1 and c��nvoy�hwt
<br /> - Bom�warh inlerc«i in�he Property uixler�hr�ermK oY�hiK Secudly In�lrumenl; lbl ix n�H pen�onally nNligp�ed to puy the xumr
<br /> - hocurai hy thi�Sccurity In��n�menl:un�l lc)agrcrx�hat I.rndc�u�ul uny whc�Bixrowcr may o�{rce in axtend,madify,forbcnr
<br /> - or maka any nccommadutian� with rogurd to�he terms of thir 5ecu�ity inxuument or�he Note wUhaW thut Bartowari�
<br /> _- — canrcnt.
<br /> - 13. I.00n Chory[ea. If the loon recurcd by this Secu�f�y Inatrument IK xubject to u law which +sets moximum loan
<br /> -- chargcx.and�hnt law is finully interprcted so thal thc interest or ather Ic►an chargea coliected or to be collecled in conncction
<br />�eYr wilh the bun exceed the pem�ilted limils.then: (a>any such loan churge shall be reduced by the Amount necessary to�duce
<br />, - Ihe charge to Iha pennitted limit;and(b)any aums olreudy calkcted from Bomawer which exceeded permiqed limits will!�e
<br /> �funded to Bonower. Lender muy choose to make this refund by reducfng the pdncipal owed under the Note or by meking a
<br /> - �� dircet payment to Borrower. If u refund reduces principal,the reduction will be trealecl ac a pa�tiol pr�epayment without any
<br /> _ r prcpttyment charge under the Note.
<br /> 14. NotMes. Any notice to Bamwer provided for in this Security Instrument shall be given by delivering ii or by
<br /> � mafiing it by first clnss owil untess applicable law�eyuire+use of another methad.The natice,hail t.e directed to the Pro�perty
<br />,;,,,, t.: Address or uny other addre.s Borrower designates by notice to Lender. Any notice to Lender x�halo be giYen b�r first clas,
<br /> "�� mail to Lender's addre�s uased herein or un��oiher address Lender designale�by notice to Borrower. Any r�oti�e provided for
<br /> �;�; �{..,�.jr fo this Security Instrumznt shall br dcemed to havr txen given to Boaower ar Lc�der when given ac pX�o�vtkd io this _
<br /> �•,•a�� «�:.
<br /> ——�a�_�,. P�g�apn. � =:
<br /> - 15. Governing Law; 3everab�lUv This Sccurity Instn�ment rhall be govemed by federal law and thc law of the ��
<br /> ``<<' p�rfr.�liction in which the Propeny is Iricuted. .In the event that any provision or rinuse of this S�czirity Insttument ar the Not�r
<br /> �'`� . •r.. ��`.�h conflictx with applicable law,such conflic�shall not nffect other provisions of thix Securiry In,trumen�or the Nae which cae�
<br /> be given effect without the conflicting proviyion. To tfiix end the provisions of thix Se�:urity InstrumeN und uhe Note are
<br /> - , �, declared to be�everablc.
<br /> �_ � ,,+`. I6. Borrower's Copy. Borrowcr sfiull be given onc conformed copy of the Note�nd of this Security ln,trurnent.
<br /> :� �'}�'�'�'` 17. 7ransier of the Pro rt or a Beneficial Interest in Borrower. If ull or an an oi thc Pra rt or an ioterest in
<br /> ,_;p,�.:.y�.��� Pe Y Y P Pe Y Y —
<br /> ., .,�,.;��,;,,�, it is sold or trunsferred(or if u bencficiul intercst in Borcowcr i�s�►Id or transferced und B�xmwer ic not n natural penonl -
<br />- withaut Lender's prior wrilten consent,Lendcr muy,ut itx optian,rcyuire immediute puymem in fuU of oll sums secured by
<br /> �; a��1� � �hls Secudty Ins�rument. However,thi�oplion xhnll not be exercised by Lender if exercise ix prohibi�ed by fecleral luw as af =
<br /> '��`` �r�~ '' the date ai this Security lnstrum�:n�.
<br /> � ��>�;*,±;5., If Lender exercises thix option,Lcnder shull give Borrower nolice of ucc�leru�ion. The notice yhall provide a pericxi of
<br /> + na IPSS than 30 duys fmm the dute Ihe notice is dclivercJ or mailed within which BonoMrr muxt puy ull sumt sccured t+�this
<br />..„T,�c�+ti Y,rRt�'`i w.-
<br />_ :..��� : .;•.:, Secuvity Ins�rument. If Borrower 1'uits 1a pay Ihexe sumti prior to the expiration of thi. period, Lender mpy invokr any
<br /> � ' remedies pemiiued by Ihis Security Instrument wilhnut funher notice or demund on Borrowrr. !
<br /> - �� �rr;:,.+er+iu�.��t�.�v' �.`
<br /> +��� � � 18. Borrower's Ri�ht to Reinstate. lf Bc�tti�wer meetc cenuin coixlition,. Borrower zhull have the ri�hl ro have
<br /> '�-►��ii,.�.
<br /> ::_�,�•.,���'r,::� �•� � enfarcement of thix Security In.wmrnt di.r��ntinuecl ul uny time prior to the rurlier of: lu)S Juys(or xurh other period us �-
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