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<br /> . � . :cou�tirintt�i ec at6erta&in$of auyr pattof the Progrtty.�fnr c�►vo�ana in t�w of camdemnstfoa.at�ltanbY ssslgn�a� .. .
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<br /> � �the�veut of a.t�taBing of die�tapctt�r,�.ths shalt be appHecl m ttce susns�secut+ed trY d� Secw[ty .
<br /> � In wh�tlter or nW the�c�wIth au�r�c�ess pai to Sdirow�r.�ci�Ae event og�a gartiat mking bf thc Yiropesty w . ,
<br /> .abic�atr m�et vaWa Qf the Roperty tanmediaroi�r begore the`teTctag is.�ial t�or goeator thsa the amo�nt of tha sums . . �
<br /> secur�d�y�is 5osuriry Instrument inuncdutiely bcfore the taiteug.aufeas�omowar,and Lender ott�etwtss agrec In wrtttn8►� �
<br /> ' tt�snms sxu:dd tiy this S�city tastrtaa:eiit stiail ba reduad�by the attioung of ttsc pmaeds atuttiptled.bY t�o foltdvi+ing< `
<br /> � fiactioa: (a)tIIn wtai.a�io�nt o�the`a1�ns s�ctmed�immediateiy 6efom the taking.divided by(b)t�fsilr d�a�icet velue o�the <
<br /> _ — .pt�p6t�y tsnme�at�iy 6�£ore the t�in& Any 6a2anoe shat�be gatd w Bo�ravxer. Ie�the eveat uf a pa�at-ta�in°aY tl�.--.-- ,- -
<br /> -_ — -----=.-
<br /> Pmp�tki�v�ri�ich_the�madcet yaWe_uf the Pto_perty unmediately Defore tae taking is tess Wan the amount of ttie 8aims. ,
<br /> - secured im�aedi�IY before the tatdng.�ess Horrower aad Leuder otI►envise.-ngtee in vhitiri�a��nd�ss agpllc�►b -.--� `
<br />-- �- othe�rise pmvi�de�the tnoceeds shail be appli8d to the sums se�vred by tWs Securit�r I�suumeat whether or nar tbe sc�s an '
<br /> tiiendue. : , .
<br /> �f t�de..PmPe�tY is abandoned by Borrpwer.or i�aRer notice by Lender to Botrower that the ooade�nor offers�to mage� . .
<br /> - an awand orseul��a claiN f��•Boavwer fait�m[�spoa�i�Lender.within 30 days after the date ih�notice is giv�.
<br /> -- ' tgader is authurize�'w aol�ect sud apply thc ptooeects!at its argm�:�eiitter tu tescoiarion or�egau of the Ptu,�ty or tsr t�, -
<br />_ - snms sec:�ed by tbis�ee�tyinst�um,�tt.�whett�ar�tt�ea dic�� � , �
<br />�� - :� '_lJnLeSS I.end�r aac��atmwer_�e aaces ect;�aaiting.�S►��PP� : . 1P� principat �Le�d
<br /> oa af oQ sh�tt � or
<br /> �; � :�:�os��due8ate ofi��q�o�hig�aym�ts e�ioin�ar��I azt��ort�n8e tt�e�tount of suc&.A�ymeut�-. . _
<br /> - p,�„;�+u�' 11tu�'.R�I�eH;-�c�e�jr l.end�I�`a Wa[ver. Extension oT the time for��payiuent ar
<br /> - mo�3a�aa'f�an�dF the ss��bY this�vic}F��ment��anted.by'Lender m eny snccessor ia mCecese - .
<br />- - � . .of$6�ro`vr��Bali�ot n�w'zete�se S��T.�g�f the orignaa��amower or Baaowerb suooeFSOrs i�-�u�st.L�e�der,_; .
<br /> - sl�ati.�fie�3�gut�tm:.c�.�.r�.s�sence�oeed'usgs.�t.any saoc�ns in interest or cefuse to eatend wue;E�c�payaieatur •
<br /> othe�s�fY�nora�':d of�'+s secute�4'��aHls Security.I�suumeat by reason af any demand mas�t�the origu�<.' '
<br />_' Bouow�r a�'$on+nwetb sut:�essois irx iW��st. Any forbeaiance f�y i.eluter in exercising any dght or remedy sIIall�oi€�� :_
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<br /> � � waive:ti$aY�c2�tde the exenase��Y�right or remedy. : . . _ - -- ._
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<br /> � lt 3accesuis and Asslgns�9anud;Joint and Several Idafl�'ity,Co-slgaers. Tti��ts and age�nceats a��s�-�
<br /> Security Instrnment shall bind and benefit the sucoessors and assigns of Lendet.end Bormw�,�sa�bject to tTce�tovisions af' _
<br />- paragrap�17.Bomnw��covenaats and ag�+eements sl�all be joint and seve►a�-�iuy Borrower who co-sc��is S e c�u t t y -
<br /> Instrumeat but does rtot execute the Note: (a)is co-signing this Seewrity ins�^•une�t only m mnrt�e.��t�3 oonveyr.th�t :
<br />- ��;`�; • Botrowerb intetest ia the Pmperty under the tem�s of this Security Instrument; €�Dis not persesuaIIy obligated t3�PaY the su�s , .. ,,:',;:;
<br /> `' ";�,� , ` `�� " seeaced by this Seeurlty tnsmiment;and(c)agrees that Lender and aay atLer B�rower may agc�e to extend.modifY•fm�' � ; �`.•-=
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<br /> t �9'��,= •�?` or make any accommadations wiW �egatd to the tertns of this Security Ins�scment or the Note without that Bor��`, .
<br /> °�,- _. � . � rnnsen� ' � _�
<br /> ��*<<.. ' `.� 13 I.oaa C4arges. If the loan s�ured by this Security Inswman�•is ssb�ect to.a law which s�s��t�a Icj�n
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<br /> :;, : ,��;.��,.:;�,;�;;:,.'; charges.and that law is 5aally interpceted so that the interest or other Wan cflar�es rnllected or to be coileac�!uti conffectiotr
<br /> ` �`'���_�� '�;r�` : ���e toan exceed the pem�itted limits.then: (a)eny such Iaan�a�ge shail6e reduced by the amnunt aeces'sary tor�drae�
<br /> � .� r, the charge to the permitted limix and(b)anY sums alieady collected fivm B�rmwer which exceeded pemutted linnits an'SI�.
<br /> �'�°•`.?' .' � refuaded to Bomuwer. Lender may chouse to make ttds refund by reducing the principal owed under dre No�e�ar by making a
<br /> �a� +s ^ �� ditect a ent to 8orrower. If a refund reduces principal.the reduction will be ueated as a partial pcepay�:ri�t wrthout any
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<br /> ,,r,�-;.,:,. :� - prepaytnent charge urtder the Note.
<br /> k�.�.:�.•: :' ' 1Q. NotIces Any notice to 8otrower provided for in this Security Instrument s6a11 be given by deTiYering it or by ___
<br /> -'"� _ . ' =-., mailing It by t'irst class mail uNess applicable law requines use of another method.The notice shall be dlrected to the Propeity _�___�
<br /> �i , - Address or any other addccss Borrower designates by notice to Lender. Any notice ta Lender sAa1I be given by fust class - �"��� _
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<br /> _ mail to Lender�addmss stated herein or any other address Lender designates by notice to Botrower. Any nodoe provided foc •��-.�.-
<br /> �� •�", : in this Securiry Instrumeat shall be deemed to have been given to Bonower or Lender when given�as provided in this =-��°.�:,�,:_ �=
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<br /> ; `��;,':.;�`,'�.���.�: �:;'.�-�: p 15 Governing Law;Severability. 7'his Security Instrument shall be govemed by fedetal law and the taw of the .��-�.-�'.1=���_m----
<br />_ '' � "�'' "�•' 'j�+';�t;,:,: jurisdiction in which the Property is located. In the event that any prov�sion or clause of this Security Insitument or the Note �;
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<br /> - .,,�.���._ wnflicts with applicabte law.such conflict shall not affect other provisions of this Secwity Insnument or the Note which ca� �
<br /> `�'�'t be given effect without tAe conflicting provision. To this end the provisions of this Security Instrument and the Note� "� k:��--
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<br /> .,na�c�;, declazedtobeseverable. � ���`�`�''�"
<br /> � =`'���• 16. Borrower's Copy.Bortower shall be given one confomied copy of the Note and of this Security Tn..°truraen�. ::, ��.,'��v--.--�.
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<br /> - .:'-�:°t:,,.�,;:. 17. 7lraasfer of t6e Property or a Beneiicta!Interest in Borrower. If all or nny part of the Properiy Qe.�rn��terest in �'. ;, i,..,,� _
<br /> .. . �..- _i`97+"H`t` .�.� �p . •".
<br /> • ! �,� it is sold or uansferred(or if a beneficia! interest in Bortower is sold or uunsferred and Bo�rower is not a n�tua^•1�ecsc�)
<br /> :�tr�'"- .'� '��' ' ;,
<br />�;; _i;�-;;�+.�'�.1;���:���,�:' without l.ender�prior written consent.Lender may.at itc apaon,mquire immediate paymem in fuil of all sums seciued G� ��'
<br /> ' ��;:;`�•;.:�. ";?�+���,t� this Security Insaument. However,this opGon shall not be exercised by Ixttder if exerc�se is prohibited 8y federal law as of • �� .{:`. .;r:;
<br /> _ ',� '���;.,�"•_,. :���i!1�j:.. : the date of this Securicy instwnent. . . . _:.:.-:::�:._:
<br /> ,..x:.��`.:,;: =;�;`:, � If Lender exetcc�es this option,Lender shall give Borrower notice of acceleration. The notice shall provide�period of t..;��...:.. n��•
<br /> �' .
<br /> ' ;:�•':., ;.;"��;1• ` ' not tess tAan 30 day�fmm the date the notice is delivered or mailed within which Barrower must pay all sums secured by this , '�•. . _
<br /> {: , �•:;x� : _ .... . .
<br /> - .•j�, . Securiry hz'suument. if Bo�rower fails to pay these sums prior to the expimtion of this period.Lender muy�invoke any ' ..•:•�`;;.;,,• .. :..
<br /> � � •• � cem e de5 p enni tt e d b y t h i s S e c u ri ty i rt s t i u m e n t w i t h o u t f u rt h e r n o t i c e o r d e m a n d on Borrower. . �,t.�*,;J�s;t � .•,
<br /> ' •' 's{ � � `�� ' Ii�. $oe�ower's /to Retastate If Borrower meets certnin conditions. Borrowec shall have the dgRt to ha•re `�s`'�(ts�}:i; , ,
<br /> ;'� � enforoement of this S�-��n�ty Tnstniment discantinued at any time prior ta t he ear lier o f: (a)S d ays(or suc h o t R�r peri a d as _
<br /> &,:�.`` , .
<br /> .u' ;��,.,.-., . � . ' Singie Famity»f�annle A1ae/Freddie titac IJNIFORN 1`STRI:HF1�'f'••Unitom►Covenants 9190 Ipage4 i Jb pagtsl • .
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