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<br /> 1n uie crar ai•r ia. atu�or rho Prope�tr.dw �hd� be appl�ea wrl�ie wm. recunE by u�k s�r
<br /> 'Inununent wAetha a nq�c�.�;wirh yoxa� u lo Hbrcowtt InShe SYe�,u of f.qttl�l WcGy nf�e Propa►Y Ia " .
<br /> � ," Whkh the t�li�ptca value of{�a Fropqty��nmaatMely before LA�uking 1�eqwt to a� ;rc�e�dMn the�nwiv� th�wmy '
<br /> ,...
<br /> ^ �ecured Oy�hltSaudty(n�Irumantimmeditki �foro�he wkinP,uhksi Hortower ud I.eiider aherwiee yke�wridn�l �
<br /> � . the�urtN savfad:pY t1}h Sxar6y Ln�uummi 1 be,reducal by.th4 u�wunt cf Ihepraads mu1QpIki b the Pdiowin�
<br /> frxtlon:..W tl�b.�oul amam!dt ila€u�e estu!�tmfrdWely 6eforo�he uk(ng;dividod by(b)the fdr�q v�lue ot tha �
<br /> 'Piopx�ly tinm.dl�tcly Lcfot6:Uio Wking. Any 6alatico shall bo pald to Aortouei. In the evrnt flf a PPnie1-utlnD��o{�he __ --
<br /> ('rope��iy tn�hkh��he fdr myk<t vdue of tha PropertY Immedivaty be(orc�he glnQ le ks����fan1�apn1��61 wmW
<br /> eecurcd.4nmedlatety beforo Gb��i��,unkss Bofrower ud i.emlu.atxrwtu � rce 1p wriil �py�
<br /> ..ahe�wlse ptovldra,iha procxds sh+11 bo�pp��ed to ihe wm�eecurtd.py thli Security Insirumenl:w�phcr oi nul iM auma ua
<br /> ttie�due. . .
<br /> ' If the?rop�ny is abanAoned DY Bortowe�,or if,efler nWifa by[.ender to Rortowecthat the eandemnor.off�re.lo m�tce. �
<br /> an xwud or setpo a clalm for dmnrge�.Borrower tulis a tts{wnd�a LenJei wi�hini30.dayq efta tho d�tq�iw naNro ia g(ven;.
<br /> , l.erxVer ia auiLorizcd w alipct and npply iha Prxculs,at its oplion,.etilgr-to restom�loq.or.rcpair ot�he VropCnY:or tq.�he
<br /> �• sumssecuredby�hlsSSCUdtylnslmmeot,whetherornn[thendua �• • � ,
<br /> Unless Lcndcr anA BoROwer othe�ise agrw In.wriNng,pny npplica�lon ot procced�to principal shall not oiiaid�or
<br /> '� ppst�qnaU�a due dato of�ha momhly p yments re(erted to in pa(ngmphs I and 2 or ehanga Uro amount oFeuch p3ymeriii. � „
<br /> 11, Bdrtower Not Rekaudi �orbeanntt By LenAar Not � W�Ivcr. Eixtension.ot the tima Por p�yrnent.or '- , ,
<br /> � nwdifira�ton of wno�izallon of ihe sums secured by thle Secari�y 1nstNmem gramed by Lender to�ny succe�sorin interut
<br /> of Bortower shall na openta to n:lease tt�e Ilabllity of tha ndginal Bortowet or Borcower§sucasson fn imercst,t,�nder _ .
<br /> sha]Lnot berc�uircd to commenoe pfoaedtngs egainst eny succeswr(n interut or rcfuu ro ex�end tlttw tor psyment or..-
<br /> - othuwiso modify amoni�ation of tho sums aecured by�hls Suud�y Inswment by rcasan of anyAemand m�do by tiw odginet� -
<br /> � Borrower or Borrowerh sut,t•tssbn In Intercst. Any for6earAnco by l.endcr In exerclaing any dgM.or remedy sh?II twt,be a• _
<br /> � � � wafveroforprecludothee�ccrciuofanydghtorrcmedy.
<br /> 12� Successore and Ass1Pns Dound�Joint ond Several LlaAllllyi Co•signere. 'fho covenante a��d agrcemente of this
<br /> - Sceud�y Instrumrnl ehall btnd-md benefit tho successors nnd asslgiu of Lcndcr end-Dortowcr,subJat lo thc provisiona of
<br /> parogreph 17.Borrowcrh rnvenams nnd egrcemems shail bc Joim and several. Any Dortower who eo•signe thi�Security
<br /> Insirument bm doea not execute tho Note: (a)ie rn•signing�his Securi�y Insuumem only�o mo�gnge,grent and convey that
<br /> � - Dortowcrb interut in tlie Propcny under�he terms of ihis Secudry Instmmcm; (b)is not penonally obligatW to pay tM sums
<br /> recured by thie Security Insirumem;and(c)agrces�ha�Lender nnd ony other Oorrowu may egrce to extenA,modify,forlxar
<br /> or mako eny eccommodaqons with rcgaM to the �erms of ihis Security Insvumem or ihe Note witl�oul ihat Oortowerb
<br /> wnsent.
<br /> 13. 4oan Charga. If the loan auared by�his Securiiy Inxvument is subJect w a law whirh sus mnximum loan
<br />- � -- eh�•�e�,anA t!e?!!,wia�n+!ly in�emreieA co that�he imemst or o�her loan charges collec�ed ona be colla�ed In eonnecifan
<br /> . .._ o - -- _ ,..._.
<br /> - with�he laan execed the pertnitted I�mi�s,�hen: (a)any such Iwn charge shn11 be reduced by tho¢mount necessary�o rcduce
<br />--- ihe chuge to�he pennitted Iimir,and(b)eny sums nlrcnAy colleaed Gom Oortower which exeeededpcmiilted IimiU wlll bo i
<br /> rofundcd to Durrower. Lender may chooso m mxke�hix mPond hy reducing the pdncipni ooxd ander ilio Noio or by mnking e
<br /> -_= dircc�paymenl�0 6ortomr. If o rcPonA nduces principol,�he rcAuctian wlil bo trca�cd us n partinl pnpayment withoU�any
<br />_ __ prcpaymcmchugcundcnhcNom. -
<br /> � . IQ. Nolicen. Any notice �o Dorroe�er pmvided for in�his Securiry Insuumcni sh�ll 6c given by dcllvering I�or by
<br />--i mailing i�by fire�class mall unless npplicable la�v rcyuires use of nnoiher me�hod.7Le noifee shull be dircc�ed to ihe Property
<br /> _-, � Addreas or my o�her nddresx Dortower de<ignatce 6y nolice to Lender. Any notice�o Lender shall be siven by Orsl class
<br /> ,-:;� mail to Lender�ndArcss s�nied hertin or nny otha nAdrcss Lender designates by noiice�o Uortower. Any nmitt provided(or
<br />_— In �hls Seturi�y Instn�mcro shnll be dcemed �o have Acen given �o Rortowcr or Lcnder when given m provided in this
<br /> :. parngmph. -
<br /> w n thc la�v of�he
<br /> I5. Go��ernins Lmr;Sever¢Ullify. ThiA Sccurity Insvumem ehnll be govemed by fedcrnl la n d
<br /> ;r judsdinfon In wlilch�hc Raperty is locaud. In�he evem th��nny provisian or clauzc of�his Securitylns�nuncn�or thc No�e � -� _
<br /> � -. conflicts�vi�h applicable la�e,such conitin shall not nffrci oiher pwvisions o(�his Security Insuumem or ihe No�e which can � ._;:.
<br /> �?i-.�, be given efkct wi�hout ihe con0iaing provision. To ihis enA ihc provisions of�his Sccuriiy Inswmcm anA Ihe Note arc �;,�_;;_
<br /> iw,� dcclmed�obesevera6ia =
<br /> _ tfi. Borro�ver'x Capr. Ilnrtnwer chall M giv�n nne cnnfom�ed copy of Ihe Nute nnd af Ihis Security InslNltlG�l.
<br /> .,,`�] i7. 7}nn.ster of the Properly or u ReneOclal Inlere+i In 6orrox�ee I(ali or nny pan uf�he Propeny or nny iNCrcst in _ _ _
<br /> ,] 0 is sold or transfcrrcd(or if n beneficial imerc�i in Uorrowcr i.xolA or tmns(.md and Dortower is m�n nnmral person) _
<br /> wi�hom Lender\prior wrinen conxnt.Lcnder may,a�ih upiiun,rcyuire immedia�e paymem in full of all sums secnrcd by :;,i3;LV_-.
<br /> �his Secarf�y Inswmem. However,�hic opiion.hall noi 6c exenised by Lendcr if exerciu ic prohibi�cA by fcdcral la�v ns of -_y� : .
<br /> �,�,�it;. ihe da�e of this Securiiy Ins�mmcnt. ;;irs n�_`
<br /> ^,��� If Lender exereises�his opiion,Lender�hall gire 6ono�cer noiice o(acccieraiion. The noiice shall provide a p�riad of
<br /> "`.l� nol Ieu�han 30 Aays Gum�he dnte the no�ice ix dclirered ar maileJ wiihin which 6orrower mu.�pay all sm»s seeuted by lhis ' `�f-•--
<br /> " - Sccuri�y Inswmcnt. If�ormwer fails io pay ihe.c +am+ prior to ihe expim�ion of�his periud. Lender may invoke ;my "� 1...-
<br /> �����P' mrocJiespenuiuedby�hisSecuri�ylnswmem�ri�hou�funherno�i�rnrdemandon6ortmree `�`'"'�
<br /> 19. Oorro�rer's Righ� to Relnstak. If Oartm��cr mect,cen:+in condiiiun.. Darto�rcr�hall have ihe rigM1t io havc '?�`��;�_.,
<br /> ...:�
<br /> enforeemeN of IAis Securily InamnteN diccunlinued al any lime prinr Io Ihe eadier oL (a)5 daya(or wch oiher�ried ac t'
<br /> �•:i• Sin•IvP.vnd Fmnkllac:FrNOieN�cC\IFOH\II\SIHI\IF.\T..i'mfannCm<nam. 9. 1 Jne r� "
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