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<br /> o01fdd11R�011 of Olhe�Wci11j d a11y wlt Ot d10 pl'0�01ty�pf 10f CallviiY100�ill li�Y O�'001IdIM�M�011.M'0 b�l'14y Wl�d Md . ..
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<br /> �11 1110 fYNM^�t bW I�IIj�dM P1'OpM1y MM�ptoo�� �) �M�(O�M MIIl1�NCiMrd b�►1���l .
<br /> 1�n�t.whe�her a nat q�ea duo� wkh�ny axoon p1d to 8arow�r. In the event af�qnial alcin�d t6t �io
<br /> which�M hlr mwicet vafno ot drc Propatty Wut�edi�lely 6eforo thv W�in�b equ�l w oc�er thm the an��af wlns •
<br /> �urod by thi�Secu�ity Imriumeat immodWely botare tha W�in��unle� Borruwer rnd Lender dherwi�a yroe ln wrlti�
<br /> . th�wn►�Mcu�e�9 by 1'his Sa�ritY Inaauman duil!be reduood 6y �he unouM ot the proceod�muhjplied by tha fdlaaln�
<br /> A�tbn: (a)the toad�nwunt ot the aums�ecured immiedlately befpie 1he tatH��.divid«�by(b)�he fid�m+�ricd valua of d�e
<br /> pn�penY Lrunedioiety ixForc ttFC t�cing. My baWrx,c:�{wll 6e patd w Barower. In thc evrnt a!a partIal ip� bf the
<br /> , N�r In which lbe fnie maket vduo d the Nopaty imnwdiMely befaa rho ulcin� ir!w duin Uw unount o�f�ie wnea
<br /> immali�tely beforo die nldnQ� unkss Bamwa�nd i.emfer ahenwire��ne in writio�or unles� appliaMe I�w
<br /> dhawl:e provldas.tbo p�ooeeds�tall ba�pplied to Iha wtna socumd by Wi�Sxurity Inspnu�xnt whett�ar nat tho wm��ne
<br /> tlbn due.
<br /> [f the P�opaty is Rb�ndaxd by Bo�mwer.or If.aftor notko by I.ender a 8omowe,r Uiat the ca�demn�x oft'an to m�ke _
<br /> •n�ward or satUe a claim for dana�a,Bamowa fnilR to mspa�d to I.end�r wfthin 30 day�after the�Wo the notjce i��ivrn,
<br /> l.ender i��uthorized to rnllect ond apply tho p�oceods.at ita opdon.eithar w r+estoration or apnir of tha Property or w the
<br /> wm�sacured by this Sacuricy In�avmatt.whether or not thai due.
<br /> Unlesa L.eixkr and Bomower otherwiae a�nee in writing.any applkadan of p�oceeds to piir�clpal sl�ll nat extend or
<br /> pos�por�e tho duo data of Ihe monihly�yments�efomed to in para�aph�1 and 2 or ctun�e the�naunt of such pymrnte.
<br /> 11. Borrowa� Not Rskaud� Foria�aaoe By Le�der Not� Walver. F.�cta�uion of �hc dmc fa paymcnt or
<br /> modific�tion of wrw�tiza�on of the sumz socuiod by this Securlty Inswment granted by Lendcr to a�y sueoessor in intenest
<br /> of Borrower:hall not aperaco to r�ebase the liabiliry of the�xigiapl Borrpwer or Bamowor�aucassora in i�.L.endtr
<br /> :hall nd beroq uired to canmence proceedings against�u►y aucces�ar in inte�st or rofuse to eataM timo far pyment or
<br /> _ �------ athenvise moi fi y amortizs�don of the sums sxwed by this Secu�ity lnsdument by r�cason of t+ny dem�nd made by t!a ori�ind
<br /> Bortower or Aarower�suaessors in inter�est. Any Porbcaranoo by Lnder in aaercbin��ny dght or rcewdy�hall not be a
<br /> waiver of or proclude tho ex¢rcise of any right or�emedy.
<br /> 12. Suc�Aod AasiQas Boundi Joint and Several Lirbllity;Co-signers.The covenants and�rontKnt�of thia
<br /> Security Inswment shall bind and benetit the successors s�nnd assigns of l.ender�nd Bcxrower.cubject to the prov�ia�u ot
<br /> 17. Bornowerk covenan�s and agroementx sFuill be joint sind several.Any Bomower who co-signs this Sacutity
<br /> sdument but daes not execute the Note: (a)ia co-signing this Secudly Insuument only to mortgAge.graa�t and cauv�ey that
<br /> _ 8ortowerh interest in the Property under the terms of�his Security Instrument; ib)is nat perFOn�lfy obligate4 topaytl�e aums
<br /> — -= sxured by this Security Instrument;nnd(c)agrees that l,ender and any other Borrowa may a�ree to extend,modiry,forbear
<br /> -- or malce any accommodations with regard ta� tem�s of this Security Inst�uq�ed or Iho Note witltow thu �omowerit
<br /> --- cotueat.
<br /> _- 13. I.aaa Chary�ea If 1he loan secured by this Secudty Instniment is subjai ta a low which sets nn�cimum laar�
<br /> -_'�,�,;,,-,� . zt�rgts.and thet!aw is P�ally inletpf+Hed 50�hAt t!N'IMe�eG or Mher k�an clwrges cdl�cted or to 6t CoUOCted is CoY1ECdOtl �
<br /> ;::� � � with the loan exceed the permiued limits.then: (u)any such loc►n charge shall be reduced by the anwunt necessary to reduoe
<br />:-�s;� � the charge to the pennitted limit;und�b)uny sums Already callected irom Sarower which exceeded pertnittod limin will be
<br />-.�;; refunded to Borrower. I.ender muy choc�sc to mahe this refund by reduclr�g the principal owed und�r the Note a by making a
<br /> .� � dinect paymcnt to Bomower. If a refund reduces principal,�hB r+educdon will bc lrcated as a pwtial pmpaymea wi�dout�ny
<br /> - ,'�� pnapayment charge under the Note.
<br /> 14. Notictw. Any naice to Bomnwer provided for in�his Security Instrumem shall be given by delivering it or by
<br /> '�` malling it by first class mail unlevs upplicuble law requires u+e of uno�her meihod.'('he ndlce shall be directed lo the PnopeRy
<br /> :��� Addie�ss or ony other addresx Borrower designates by notice ta Lender. Any naice lo Lcnder shall be given by fi�st class
<br /> - + mail to Lender's addresg sluted herein or c�ny other addnexs Lender dezignates by notice to Borrower. Any naire pmvided for
<br />_;= in �is Security Instniment �chal) be deemed to hnve becn given �o Borrt�wer ar Lender when given as providod in this
<br />-- P�raph.
<br /> 1 1S. Coverning I.aw; Sever�bility. This Security lns�rument tihull be governed by federnl IAw und thc law of thc
<br /> Jurisdi�tion in which the Prapeny ix Icuated. In the event thut uny provixion or clnu�of Ihls Securily Instn�ment orlhe Note
<br />--__ _ conflicts with applicable law.yuch conilic�shull nut uffect n�he�pmv i+ions of this Security Instrument or the Note which cun
<br /> � � - •� be given eifec� without the conflictinR provi�ion. 'Ib�his end the pruvitiian.of this Securiry Instrument and the Note ure
<br /> r declore.d to be srverable.
<br /> " � a:��:�+ " � 16. Borrower's Copy. Borrowcr tihall bc given one ronfarnicJ copy of thc Notc u�d of this Security Ins[mmem.
<br /> ���"'�h`�i• ''�; 17. 7lransfer of the Property or p Beneticial Interest in Burrower. If ull cK any part of�he Property or any ioteres�in
<br /> � �„`'."�'•�;' it is sold or transferred lor if a bcncfirial intcrest in Borrower i�tivld or tran.ferr�d and Bomower i�not u natural perwn►
<br /> __ �°-,-°A =:•�.
<br /> without Lender+prior wriqen con+ent,Lemler may,at it.optiun,rcyuire immrJiu�e p�ymrnt in iull of ull�umti secured by
<br />-.``,.,� � � this Security Inxtrument. Hawever,this option xhull not tx exertised by L.endrr if exercixc is prohibited by federal I�w us of
<br /> - ;,;�-.N the date of this Security Imlrumenl.
<br /> - •-'• If Lender ezercises this option,l.rnder+hall give Bonower notice nP uccrlerution. The nrnice ghall provide a period of
<br /> not kss than 30 dAys from Ihe date Ihe notice i�delivered or mailcd within whirh Bormwer mu.l pay ull.ums secured by Ihis
<br /> 7,; '"�a.?�.;. Security In�trumen�. If Borrower f�il, to pay Ihcsc sum� prior to �h�expirutian af thi� pernxi,Lender muy invoke any
<br /> ���'����'�,!'• �•,�.•� remedies permitted by thix Security In+trument without funher ni�ice or dem�nd an &�rrower.
<br /> =���:� :�� -��':.:,.��L !8. Borrower's RiRht to Reinslate. If Burrowcr mcct� rrrtam ronduu►n,, Burn�w•�r shull have the ri�ht to havc
<br /> ,��,!+fi��t.�;•`'.};•;i�'_ ' enfarcement af Ihix Security Inrwmcm di.carninurd ui uny timc priar a�the rarlier nt': la1 S dayti(or wch cxher perinJ us
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