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<br /> . ca�domnu(nnorpt{erulclnao{w�YP�ofihePropeny.ortotcqncpYtn;olnUeuBicortAemro�fon,arolkrebyullaneelwM: - -
<br /> siWlDep�Wtoleracrr. __ , .
<br /> — in Ua e"vent o[o�w�i takin�of iAo:ProponY� 1�procetd+shnll bo upplle{I lo Ilie nume 6ewrtQ by=�hls 5ccur�ly _
<br /> ' lmimmnt whettier o(not�1�en due,whh nny extts.s pald to Bortowe�• In tFw evenl ot o'p+hinl Iaking ot�he 1'ropetly in � -
<br /> whichlha�pinmarket v�1Ue of�he PropeAy Immedlateiy bePoro ihe�ak{n8 Is equnl�o or grcatcr than the m�wum of tha sunls•,., „
<br /> � �- ¢ecnrcd 6y tfiis Security Inslmmeat imnxdlolely beforc�ha Ioking,unles�Bortowe�and LenAer aherwiso pS�in wrhing, � — �
<br /> the sum9 ucurcd by thfs Secnrliy Inswment chal ba reduccd by tho omount of¢w proceed�muldpUcd by tho toilowing.
<br /> - friction: (o)Ihe taal enwnnl of�he wms seCUrcd�mmtd���e�y betow the tnking�divid W Ay lb)�he f�tr market voltio of tla - . —
<br />.. _::,.., .,,. ProPeny Imnxdia�cly beforu ihe mking. Any b;ilnnw nhall be pald �o Bortnx�cr. fn�hc evan of a pardal iaking of Itp -
<br /> Ropeny Iq:which�he fair a�drklt velpo ot�he Properly Immedialeiy bCforo QN�aking is Ics�than th9 Amounl of the sume --. '""°°""-"`"`"— - .
<br /> ucurcd lmmedin�tly Deforo Iha�aking, untes�Dottox�er en� l.ender ahenviso agreo in wriiing or unles+epplkabla law �
<br /> aherwiu provide,tho proceeAe ahnU bo applicd a�ho suma cecurcd by ihi�Sccudty Inswmem wheiher or no�iAe suma aro _
<br /> Ihen duo.
<br /> - It�he Propcny is ebandoned by BoRnwer,m if,a(ICr noilcro by Lender to Uortax�cr iM1a�tlic wndcmnor offeM lo maks
<br /> - en awerd or settio a cinim for dnmaga,6ortou�er tails to rcspond�o I..cnder within 30 daye nRcr tAo dma�ho nolico is given,
<br /> __. _ . __ Lender is authodud to colicet ond apply�he procceds,ai i�e option,either m rcstomUon or rcpair of iho Propeny or to ihe
<br /> suma sccurcd by�hia Securi�y InsuumeN.whc�her or not�hen dno.
<br /> Unicn Lender and Dortower othernise egree in wri�ing,any npplica�lon of procecde to princlpal sM1all not exlend or
<br /> posipono�he due daw of�he monthty poymenu rcferteA�o in paragraphe I and 2 or changu�he nmount of wc6 paymenu.
<br /> lt. Borrostr Not Releaudp Forbeannce By 4ender Not a Wah•er.. Cxicnsion of iho �6nc for pnyment or
<br /> modlfitation of omonimtlon of�he swns ucm�d by this Securiiy Instrumen�gr.mted by Lender�o nny successor in inleres�
<br /> of Bortower shalf not opera�e ro mleace�he IlaAlliry of�ho odgfnal Uortower or�orrower6 sucaessors in(nlercst.I.ender
<br /> shall not h rcquircd a commence procecdings ngains�ony suttessor in imercst or rcfuse to exund time Por paymem or
<br /> �- ----- --- o�hcrwlse madify amonlzatlon ottha sums securcd by this Sccudiy Inswment by reason of uny dcmnnA made by the odgtnal -
<br /> -��- [iorrower or Bormwerl wccessors in imeres�. Any far6eamnce by Lcnder In exercising any dght or remedy shatl not be a
<br /> wafvcr of or pmciude the excrciu of any dgh�or rcmedy.
<br /> !S. Svecessore end Assigns Boundt Joint and Fe��erol Liabtlity;Co•signera. 'Ihe covenants nnd apJeements ot�his
<br /> Suurity lnxvumem sM1all bind and benefi�the suceexsors anA nssigns of Lender md Oortower,su6Ject�o�he provisions af
<br /> - p,vagmph 17. Bortower6 eovenanls ond agrcements shall be joint and ureral. Any dorto�mr�vho co-signs�his Security
<br /> Instrumrnt but dces not execule Ihc Nate: (a)Is co-signing�his Seturi�y Insinmicm only to mortgage,grani and convoy�ha�
<br /> - - porto�vcrY imercs�In the Propeny under ihc lemte of this Saurity Instmmenr, (b)is no�personallyobligated to pay�h¢sums
<br /> �=v�� ucurcd by Ih(s Sewrity Ins�mmem;nnd(c)agrces thai Lender nnd nny mhcr Uurtu��rr mny�rce w ezlcnd,modify,forbear
<br /> �z���r±+o or make my nccommodations �vith regard io the temis of�his Sccurity In.-tn�mrm or�he note wiihom tAa� Rorro�vert
<br /> -_:��r�t�}�• consent.
<br /> .=`��;.`(.T,�_' W, Lonn Charges. If the loan secured by this Secumy In+wment is tuhn�ct to a Iaw ufiich seis maximum Ivan
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<br /> > ��i�__ chnrges,and ihet law ls finnlly ime�rctcd so iha��he imercs�or other lain cliwpes coilected or ioh collecrod in connection ----
<br /> � �r';I� whh the luui exceed the pemiiucd limi�s,Ihen: (n)nny anch loan cliarge shaii he retiuceu by�he amaum ncaisary iu mdu« __ -� - - ----
<br /> . e,-�.� the charge�o the pertninM IimiC and(b)any sum�alrcady collec�cA(rom Bortmver which exceeded pemritted iimits�viil be �_^,,�_.
<br /> �++�-J�:i:o. mfunded to Qortox•ee LenAr may choose to make�his rcfund by reducing�ht principal owed under the No�e or by making n °'- --_
<br /> .-.-.�;c._:�tN,, dircct a rtxm to 6ortuwcc If a rePond rcdutts rinci al,ihc rd�r�ion will bc�rca�cd as n inial n � mcnt wuhout nn �'��';��?
<br /> i�.. P Y P P P� P 'P•Y Y � .,�-a��s
<br /> ��� pmpaymenidiargeunder�hcNote. "r;;:
<br /> , ��l,,� 14. Notlees. Any nmice �o Dortower provided for in�hi.Sceuriry Instrnmem shall be gi�'en by delivering it or by � � ��!1°`"�-
<br /> ` i. . ..�i�t.�rr�:
<br /> `-.i,_i`,�'i;4` mnilfng it by fim�ciase mail unless npplicable law mynircs uxe of ano�her me�hod.The no�ice shall be Jireaed lo�he I'ropeny ;';<-n�:r��:-.._
<br /> �"�+ �''�` Addmas or eny mher ecklress Uo(ro+ver designn�es by nmice m LenAer. Any noiim to Lender shall Ix given by M�cl��u i ''"' - s�o'�-"�
<br /> { s ;� mail to Lendcr§oddrcss statcd I¢min or nny o�her addmst Lender designaies by nmi:e�o Ilorrowee Any nottce providcd for �-�;; .-f;y-����
<br /> �.�, -:;F' in this Securi�y Insuumem shali be decmed io have 6ecn given iu 6armner or LenAer �vhen given w pmvided in tBis < <,,eq L�..
<br /> < paragraph. tSeet'�.-
<br /> � I5. Coverning I.ewt Sererablitlr. 'ILic Sccurity In+uument .hall 6c @orcmcd 6y f��.frr�l Ina anA 16c I:iw of Ihe ',_� ! t ''� -_-
<br /> f - jurisdiction in which ihe Propeny is laa�ed. In�he evem ihm nny provi+inn or d:mu of�his Secumy Instnmient or�he Noie . � v,�;,
<br /> -Y conflicls wilh applicabk law,wch conflic�+hall na��d(�el olhcr provi.iuns of�hi.Sccarily Insm�ment or�hc hotr xhich cnn y if ,.
<br /> , a;�. 6e given e(kc1�vi�hont the conlliclinp pmvi�ion. Tu �hi.end �he pmvi.ion.uf�hi.Securi�y Insirumenl:+nJ�he No1e ure ?, , i rqi.� ,- �
<br /> t, }f� dcclamdtobcuvern6l¢. ` �s�: r <<i � >>,
<br /> � k 1" t6. uorrm�rr's co Borto�rer shall k nen one cunfnm�ed cu uf We Nurc anJ uf thia Securi� InstrumenL �; - r a �� _
<br /> � - :. P7• B � PY y ..+`� -
<br /> , S,�y.J: :�• 17. TrnnsteroflhePropertyarallenellclnllnlrrestinl3orro���er. Ilnilaranypanuf�hcPm�nyuranyimcro�in -`r q - -
<br /> " =' -'- '' it is sald or tnnsferted for if a beneficisl intrre+i in 13onu�aer i.wld or tnmfrrred:md 6ovoorr ix nm a namml persaN +�;+.;',�`.;�-1',.:i.-._°�";•�
<br /> �-- +'�� wilhoul LendCr�prior wrinen consenl.Lendcr may,al ils opliun,rcyaire immaiiat.pa)�menl in full of all+ums ucurcd b�� ' . _ F -�,,.,_-
<br /> zm - ` this Secumy Inxtrumem. Humerer.�his op�ian.hall no�be exercised 6��I�ender i(exereise i.prohibi�ed by kderal lam as of �h-. ! � s r". .:-
<br /> � 7`i �,� thc da�c of this Securiiy Insumncm. ._ � �� �.
<br /> �°?\)?.,;�};;: 1(Lender exercixe.Ihis op�ion.Lend.�r+hall give Bortower na�ice af accelen�inn. 'llu nmice.hall provide a periuJ of '` -<� ��•:
<br /> 5 :,�•.�� nm Icss than 30 day:from thc da�c�hc noiicc i�Jclivcrcd ar maitcd wiihin�rhich fiorcm�er mu.��ay;dl.mn.sccurcd by�hi. �'}�f�•!-�-
<br /> � ' ��' Securi�y Insuumem. 1(t3orto�ccr fails In poy Ihr+u wm+prior lo Ih.expir.nion nf Ihi.periixl. LcnJcr map invuAc nny .-:�;i� -. .
<br /> • ��� rcmedies pennilled bp Ihi.Securily In.lrwnent���illiom funhtr notice ur Jcnnmd an Rorto�ret. '�: " - - ., •.
<br /> /f��� I8. Itorron�cr's Nighl to Rclnslnre. If f3nrro�ccr mcc�.ccnain rnnJmnn.. Rorro�ccr �hall havc �6e righ� �o ha�c
<br /> � �{��• enfonement of�hic Securi�y Imuumem di�cnminued at any�inte prior n+ihe eadirr oL e:u S da�.lor.uch nd�er periixl a. �
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