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<br /> � ' eoi�deyr�wwian•^or wher rahing�ct a�ry p�t�tAe Phiperty.fls ta�aarey�ece in_lieu of can�lenuatiae.anc�eaeby a+sigaod and
<br /> ' . .��K�W� . • ,' = � •L � ��
<br /> !a me.eveet d a tow talcie�oP the Ptoperty.lhe pmcceds sfi�f!be a�pPlKa ia the sun�.�urca ey tb3� soc�tty .
<br /> , Insaw�n�t.�whaher ot not tt1m duc.with a��y exeess paid to Rorrov�er..Jn chc eve�t af a pa�ti�taicing af tt�e Ptope�ty in .
<br /> — � which t6e fair.marlet vatue oti sht Nmperty imnxdiatefy 6efa+e the tatung�c eyual ta ur gFeater than thc�anodnt uf tl�e sums
<br /> , � . seCwed by this Securiry Instrument immadi�ely bet'are Me takin�unl�s Bomzvesr a�u!txnder cxlterwisa agree i�wsitirtg.
<br /> ` fhe sums secured by thi.g 5ocucity Insuument sAall be teduced lry the�nt�f the p�aseed.r mutti�lied by the folbwirtg •
<br /> fi�ction: ta)tlie mtat amaunt of tGe sums sectsnd immediatei}befure the t�icing.divided 6y tbl the fau market valucof the. �
<br /> Fmpaty i�d':attly befae tQe taking. Any balan��e shal!he paid hs RcxmK�er. 7n the event of�pa�tial t�kin�,of the. �
<br /> Ptnpejiy in wltich the iair rtwticM value of the Ptoperty immediatei�r txfae the taking ic tea.�c Iha�t the amouat of thc swns :
<br /> secut��d immodiatety beforc the talcing,unicss Bartoaer�d t.cnder ott�wise agtec in writing ar unEesc applicaUie Ia�v
<br /> otherwise p�ovuks.the prne�ds shatt bc nppiied ro the sum�secured by this Securiry in�Rumcnt wt�e[her arnat the sums a�e ,
<br /> tben due.
<br /> . If the Ptopetty is abu�do�ed by Boau►ver.nr if,aftec notice by Lendec to Bortoseree that ttie cone�maor offers to malte �. -
<br /> an awand ar seWe a ctaim for d�ges Bumower fails w�spond ro Lender witAin 3Q duys atter dtc dsne the nati�:e is given, .
<br /> Lerder is au�to caolte�t�nd appty ttie p�oceed.c.at is.fi optian,eitt�er to restcxatino ar rep�ir of the Pmpeiry ar to the
<br /> sums secuced by this Sec�uity Instrnmen�whcthcror not thctt duc. �
<br /> lJntesc I.endtt aad Baimwer atlwwisc agtee in writing,any applicatiun of pmceeds to ptincipal shaU nat extend or
<br /> _— � postpone the due date af the manthty�ucyments refert�d to i�parrgr.+ph.c 1 and 2 orchungc the amuunt af such paymcntb
<br /> IL aorro�ver lYat Btleaeed; Fo�beusnce B}� Lender Not a W�i�v Eztension af th� time for p�ymrnt or
<br /> - - modification of artwrtizatiort of the sum+sec�red by tisis Security insuument granced-hy t.endec to any succe��or in inte�ect
<br /> of Baarcower sha/!twt opernte ta nefeasc the liabiliry of thc original Barmwer ar Bumawer�suceessors in interes�lxnder
<br /> shatl aot he reqpimd ta commence proceedings against any succ�sor in intenest ar�efuse to eatend time for�ayment or
<br /> otixswise nwdify amoniiatian af the sums serured by this Secarity Instroment�y reason of any demand made by A�e origina�
<br /> - Bamwer ar BaFiowers successors in interest. .Any.forbrarance by[.axle�in exeaisin�any nght or remedy shatl na be a
<br /> waiver of os ptCCiude the ezencise of any right or remedy. . . .
<br /> � 1� SYOCe�ms alsd A�s Ba�nd{loiat aed Seversl Li�'lity;Cn-si�ners. 7'he cavenants and agreements of this •
<br />-''�'_ •S�cu�iry Iasuoment shall bind arid 6eaefa the success«s and assigns of Lendec and Bcxrower,sub,�xt to the pmvix�ons of
<br /> ' � . �grapN 17..8olrowers covenants and ageements sI�aHI be joint and several.Any Borrower wfia ca-stgns this Security ��
<br /> � , � ` �ns'trument but does not eaecute the Note: (a1 is co-signing this Security Instrument only ta moagag�gra�rt an�coavey that - -- -
<br /> '.•.={ �.s-��,
<br /> � Bonnwer3 intenese ia the Ptopeity under the t�tms af tbis Secarity Ir�runrcn� tb)is not peisop�tt�r�ligated to pay the scans .��
<br /> ` secured by ttu��urity Inmumens;and r��e.�ees that Lertder and any ather Boirower may a���tend.modify.forbear �'��.m�__
<br /> �;;:�5 or make att�;a�asmmodations�yith re�a�-�_to.the terms of this See�r�'.�•Instniment or 1he 1Vate withodt that 8omower's �=�-
<br />. jYl i ' ' ' •' . . . . . �_W .—
<br /> t. Consen� .:;,t •.• . �1��6,.•.
<br /> .,1�;� !3. [.��har�s. Lf'.tlio loatr seeured by this S�-�rity tnrtniment is su63a..-a ta a law which set�c maxicmum laact . --
<br />_�r; 'c�.�ges,ancL�t�sw is�w:�terpmted.sQ that the�-�t nr other loan charg�collected or to 6e roliected in�anaecti�. —.—=
<br /> 1,��� _ �,.;�the loara��iy�d tt+e�s:ted lima�'� (a)any•su'e6 foan charge sl�all be reduced by the amount necessaiy to reduce —
<br /> '•�' S�ie charge t�x,t����ertniued}i�i�and{bb.��ums already callected fmm Bortower which eaceeded permitted limus will be. -m=-_
<br /> + _..,.^�unded to Borrower. i.er�:��may chaax:�a make this��lnnd by reducing the princip�!awed under the Note or by making a —__
<br /> . d�e:.t payment to 8orrow� �E.a nefund reduceti prinapo-l:che ceduetion wilt be treaae3 ac A pania!Prepayment u�itl�aut any v --
<br /> '�; �;�..-��:�.—.
<br /> :� ; , �yaymens charge undec tffes 1ate. '. ' e�?or�T=-�_=
<br /> 14. Notices. Any noaee to B�rrawer pmvided ti�,r in this 5ecuriry tnstrument s3ia11 be given lsy delivermg it os 6y =-«-,..;:-:.
<br /> mailing R hy first class mail untess applicabte law requires u.r•e of another method.The notice shall be directed to the Property %��;r�;;,',
<br /> ' � Address or an ather address Borrawer desi ates b notice to Lender. An notice ta Lender shall be iven b fitsl clats •'�'��' �
<br /> . Y F� Y Y fi Y ,. 5..,.•;s.
<br /> maif to l.ender's address stated herei�ar su►y ather address�ender designates by notice to Aorrowrr. Any noticc pravided far • %�f�,.,.'i?�:
<br /> , in this Securiry Instrument sE�afl be deemed to have beea given ta Barrower or Lender when �ven�c rovided in this . ��'�• �
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<br /> �1a5 Governing Law:S�s�etabilif . 'f'hic Securit Instrument �hall t►e avemed b•fecks�l law and tha tAw of the. '�.�.�. r4"'��
<br /> Y Y s s ���-
<br /> jurisdictian in whieb the Nv�erty ia toca!e�. In the event that any prm•i�ion or ctau�e af this Security In.trument ar Ihe Nut� '"'"`'_'-=-=`�
<br /> ", ronfliets wi�Tz�alPeable 1aw,sueh cantiei��stnali not affect ather pra�n::+�+c►f Ihiti 5ecurity intittu��t-rn the Note which can . � `T'��
<br /> - �' be given e��a�thout the conflictirrg�r��tiisiOA. Tv thi.end �hc pro::w's;�,m af Ihi+Security tra':c��:c.Knsm and the Note are ��'~-�=
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<br /> �,+ . . El:e.lAred ta 6e"s�c•erable. � , � . � ,,,:�-.
<br /> � l6.•Bo�pwer's Co�w 8orrowet shall be given or-conformed copy af the N�te and of thic Security Intitrr�,r�a;1c.
<br /> � ' S�; �� • � 17. Tra�sTer o�the R�pFrty or a Beneflctal Interest in�orrawer. If ulI or any part af the Prdperty az arw�:�;t�est in •• �rt��
<br /> T.::.;
<br /> _.,�;,;:. � �it is sold or�<.v:sferred(or if a.benefic:�z'_'intcrest in 8arrower is�ald ar Iranyferred and Bono��c'ss.nat a r;s*.�rbf pertior.; ' y; _ _
<br /> �,;,%+• � " withaut Ler.a��prior written canse-'��.rr,der may.at its optian,reyuire immecliate paymenl i:iu�`��af a1t.,sim+secured A; ��,•� a °•'
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<br /> ..;,;3;�. � this Seeurity,�t�rs:rument. However.t....;�ption xhaU nol be exerri�ed by 1xnder i�ex:,seice ic prc�r.�<..�...dby fec�.r�F law aS af •,r . ;.
<br /> .i t i�,:t . . y:.;-;.�:it'.,.
<br /> , ,�; Ihe date of thi+5ecurity Inst��:;.�ent. . • • .. � t
<br />. � If Lender eaercises tk�t�!ion,Lender shall givc Barrow•rr notice oi arreter�rx�n: The nc�dce�hall�pmv�tte;�pedod o'_`` • �;r��jt��;;r
<br /> „M1•� t::' n o t less t han 3 0 d a yc f ro m i t:e d a t e t h c n a t i c c i w d c l i v c r e d a r m a i l e d w i�h i n w h i c h B n r r��w e r m u s t p a;+a 1 1 s u m.w s;�;.�d b y t}i 4 • "°�r''''�•
<br /> '::;';`�': 5ecurit lns-t 'cu;:ent. li' Barrawrr f�it�tn .�y �hcse sum� prinr to thr expiratian of this period.�,..°nder��aiji�invake ar.s �, '� �� �
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<br /> ,,.,�..' �;�;,• remedles pert.�,�,�sed by Ihiv Secutity ir.ti:r�si.rr':nt without further noticr or Jemand on 8urrower. .
<br /> • ' _,;ef�:"�:� 18. 8w��wer's R1ght to Relm.��+":s If B��rn�wrr mcets rerlain conditic�ns. �onowcr�tr.�:f�rave ihe ri�ht to ha�� • �
<br /> ;';, �ca.:���rcement of thi5 Security�;iti1TU(:1�,'a!�iscontinucd at any timc priur tu thc cariier u1': I:i)5 day�{or sach<rret�eriod as �.
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