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<br /> caodnnutlon ar otlKr u�kin�o(.nyr�c oc d1a P�A�f��•a�a��'�"o.in 1ia�a oc.aehr�.tloa.�--w"l�illbr�4�+�
<br /> ill bs p�d 10 L�de�. `� .
<br /> In lie eraat d a bal e�kin�of.,tbp prqRp�+���! be�pplisd ta the �nu�cu�ed bY���Y . .
<br /> Imtrwn�nt.whet6er a aat d�ea dua w3�b:rap ez�aw w BoreK+wrr. [n the evans d R psrsL)takiaa of the Aropaty !n
<br /> v�hich d�xfdrr:snt�ct val�e ot d�e Propetty.immpdi��aly befae the t�icin=G aqwl to or�eatar d�db anaunt of iha.wam
<br /> Recwrd by thi�3ocurity Inwumont immadiMalX.bcdl�ra d�Wcin;,unlew Bormwest�nd l.�nder ai�awieo wroe in wridny,
<br /> �1ia sums Kcurod by Ihi�Secudty lnwumant,ah�ll��a�educod bY the�rtiount of the poca�ds muldpl�sd by�iFa tallawin� .
<br /> � {��: (�)�he tonl�maunt ot tho wm��aoutqd i�4madlstety befae�he uktn�,divlded by(b)d�.idr m�uka v�lue of tlle
<br /> .----�-�--•- Pcopecry immediately befora ttto takinQ, Ilp��b�llHKx�hdl be pdd w fiorrowor. In the evont o���rtlal laking of tha
<br /> prope�ty in which tha fair m�ricot v�iva of thp Pr+cylpRY immodiauely bafora tlie t�iCing i�leu tlun tla anwunt of tha wm�
<br /> eawad immcdiately 6ofoc�e tho taking, unlass.Bmt��r� �� �� ABroO� �Nn�ar unlo�s �pplic�6le Iww
<br /> aherwise provldes�the proceeda�hall ba y►plipd t��dlQ wma�ecw�ad by thia Secudqr[ntpuma�t wholber a nut the wmt am
<br /> theu dua.
<br /> - If etx Pm�ty is nbamlaned by 9c�nq+!�m'.pr IF,efter noEiee I�y I.ender to Bocrowor that ti�e eondemnor offam to maka
<br /> �n award or seale a clstim for dama�{e�.�►tmwar i�ils to rcspond co L.endar wi�hin 3a d�yR afoer U�date tha notice is gfven,
<br /> l.ender is authoriud to collect and apply dia p�unead��pt iw option.oithe�to rcataatian ar repdr ot tha P�operty or w the
<br /> surta securod by this 3ecudty Insaumant�whsthar annot then due.
<br /> Unkss Lendec and Bmrower abarwirs rgr�o�ln writing.any applicatlon of piacads to principal shall not eatend or
<br /> po�tpone�he due dote of�he monthly p ymanta rafctmsd w in naragraphs 1 and 2 or change the�nt of auah puymente.
<br /> ll. Borrower NW Reles�nft �t'beAranao,�y ��� N� • �ver. Exaneian ot,iha timo for payment ar
<br /> modi4cation of amortization of ths sums scisaunsd�Gp this Securfry Insuument grantal by Lendar w apy swxessor in Into�est
<br /> � ot Bomawer aiwll not operato to�eleasa thp liabfllly�f the original Barower or HorroworU succcssora in inter�ca�. L,endar
<br /> shtll not be ra�ui�ed ta commenco pmceedinga s�8ainst any successor in Lfterest or•nefuse to e�teM tlme for paymant or
<br /> dl�envise modify amanization af ihe suma seounsd.by thia Security Instrurr�cnt by reasan of any dcneand msde by ihe origlnal
<br /> -- Barrower ar Borrower s succeaso� in imnrast� Ani�farbearance by I.ender in exerciaing any riyht or�medy sh�ll not be a
<br />,�= w�iv¢r of ar p�ecluda the exereise of anp right ar•t�tmedy.
<br /> 1Z. 3ucce.ssors and Assigna Boandt Ju(nA�ttd Severnl LIAbi4�,j+;Co-signers. 'Ihe covenants and agnements af thia
<br /> - Security Instrument shstll bind and beneft�tha saaacssors end assigns of Lender and Borrower.wbject to�he provision6 of
<br /> ,.- pazagraph t7.Barrowerk covenante and ag�emanle shall be jolnt end reveral. Any Borrower wtio co-signR this Securiry
<br /> Iretrument bul daes nnt executd Iha Natas (ul ia co•signing this Security Instrwnent only to moesage,grant and convey that
<br /> _ Borrowerk intercst in the Propeny undar Iha tamtt�uf thia Security Instrument; lb)iR not personally obligatcd t4 pay the eums
<br /> _ secured by this Security Instn�ment:and Icl agraac that Lender and uny other Borrower muy agr+ee to axtend,modify,forb6ar
<br /> or make any accommadRtione with �sgatd ta�dte terms of this Security Insaument w the Nae without that Bw�owerk
<br />- cansent.
<br /> 1�. [.oan Ctwrges. If the i�an seaunsd by this Security Instrument i�subject to a law which sets maximum laun
<br />---�- _ clwrges.and Uwt law is fmally intar�r�tad a�that the interest or other loan churges cullected or to be rnllected in connection
<br />'..,�'.� � � witb thc loQn exceed Ihe peimilled IimitN,then: (a)any such loa�charge shaii be reduced isy�he amwn[necessary to redu�Y
<br /> �he churge to the petmiped Iimi1;u�d lb)uny xumx alrrady collected from Borrower whkh excecded permltted limils will be
<br /> �;' '��`•� refunded to Botrower. I.ender muy charne la muke this rcfund by reducing the principal owed urder�he Note or by making a
<br /> - ~ ��.;:;'•':,1 direct payment to Borrower. ff u rofund reducex principal.the reduction will be trea�ed av a panlal prepr�yment without any
<br /> • �,Y,,.,
<br /> ;,,,.�.; � f prepnyment charge undcr ehe I3aia.
<br /> ��:��t?:,::,..:.
<br /> •:�.,.:;,,;.�� .�•�,.•'•�s•��• 14. Notices. Any nai�w 6orcower pruvided for in thir�Security Instrument shull be given by delivering it or by
<br /> • ;����;�M:';�?�`�'.' '����"` mailing il by fi�t claxs muil unlass s�pplicublr luw reyuires use of unother melhal.The naice shull be directed w the Property
<br /> �� �" Addresti or uny other uddro�s Borrower de+ignu�ex by notice to Lender. Any notice to Lender shull be given by fir.:t cluxs
<br /> ";.••,:•,._`;,
<br /> • �r:'^'• mail to Lenderk uddre,s stutud here in ur any ather uddre,s Lender dexignu�es by natice to Borrower. Any notice provfded for
<br /> �� • in thix Securily Instrumenl�tihall hc deemed tu huve been given tu Borruwer or Lendcr wh�n given as provided in Ihis
<br /> ���,'•:.' . , � ra ru q
<br /> ' ��• • � 815(:orernlnp I.pw; Severubllity. Thir; Sccurity Instrumcnt shull bc govemed by feiieral law and �he luw of�Ne
<br /> � ' jurisdiction iu whkh the Hn�eAy i�k�cuted. In thc event�hm uny provision orclause oi'�his Secerity Imttument or the Note
<br /> • -•�''�'��`,'��U"!" ' conflicts with applicxbl�law,such conflici.hull not uffect alher provisicro�;��f this Sccurity In�irumeni or the Note which csm
<br /> (1'•-. �rr.-.-,
<br /> :. ���,; be given efFcti�t withuul thc conflictin� Exovisinn. To thiK end the p�avitii�x�x of thix Se�:urity Imhvment und the Ndc am
<br /> •`�:•:�';. :;�,: declaredta�sevr.�uble.
<br /> � '' .,`�:.,.��;',;�,.c:-
<br /> �;,;,�:;;`��41�nt;ff;i;ti.t 16. Bo�ro�ver's Cupy. Born►wcr,huH Ix given onr conti�rtned copy af tlx:Nixe:�nd ul'thi,Srcurity Instrument.
<br /> S ,., ;, 17. 'IHancfer of thc Pr�perty or a Beneiiciul Inferext in Borrower: If.dl or uny part of the Prc�rty or any intere�t in
<br /> '���t" ' �� ' •`� L it i�sold or tn�nxferreJ lor it'u hcncfirial intem+� in Born�wrr i.so1J�►r trun+l'rrred �nd Borrorer is not a nAturul personl
<br /> � `"'�«.��• witlwut Lender:prior writtcn c��nsem. Lcndrr muy,u�it�uptiun,rcyuirc immcdicue puyment in(ull of all xumx xecured b��
<br /> � this Security Instrun�ent. However.�hi.�q►ti�►n nhull not lx exrrci.ed by Lender if ezer+citie i.propibiud by federul luw as of
<br /> '� / ' `'::� Ihe dute of tbis Sccurity Inslromcnl.
<br /> ;:�;�;:,
<br /> �,s.,� If Lender exercixe+this option,LrnJcr shull givr Borrowrr noticc of acrcleratinn. 'I'hc nc�ticc shall provide a period of
<br />; j �� nM Iess Ihan 311 duys irom Ihe dulc ihc niNicc ix dclivereJ or niaileJ within which Borrc�wer �mi�t�y all�umz tiecured hy thi�
<br /> ' � :�'�:;;. Security Inatrumen�. If Borrower fuil. w puy the,� .um�prior to the expiruti�m ot'�hi. periad, I.ender m�y imoke uny
<br /> � remediespermilted by thix Securily In.trwnrnl without furllkr notice or demund un Born�wcr.
<br /> r'; 18. Borrower's Ri�ht to Reimtute. 11'Borruwrr »xrlti rcnain riMdiiion+. Bortov��cr �hal l have ihr right tu huve
<br /> � "�`:+�.. enPorcement of thi+Seruri�y In.trument disr�m�inued :n any timr prior tu thr curlier��t`. l:�►S clay� lor wch olhrr�xrind us
<br /> Sm�lc Frmily••Funnle S1uc/F�eddle 1Nyr l'\IM'pltRf INtiTRI'SfEN7•-Gnifum�Cmrnann 4�9D �puit��n)'npuxr��
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