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<br /> � ' � . iri t�teeait uf s tot�9 t�ag of the Fta�petty.,tha pmct�ds�l Qe�appfted to t�e�ums�s�cut+�d by 9u� S�a:u[ity.;� . `
<br /> �` tnst�ma�rnt��u�etAer ar not lhen dtu�with aoy�oxcess p�d ta�carar. Lr the ev�.nt of�partTal a►tdng�the Property t� _ ., �� .
<br /> � �v�rtil f�,t�e tiu tt v�I�se o�'the P1opr.�y tiataxdiatel�bat'ate tlee taYing is eq��t to oi gnasat Nan tha��iwaat of ahe smns. ,. .
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<br /> ` . :s�ur�bY tkls��as�en!f�maod�atelY_bafom tl���aidug,unlcss�Bomamr.at�Lender�tteeraise�e in�vridng}� ,
<br /> . tl�eumg sec�nd�y t��SectuUy 1�httaatnt sha11 De�edut�ed Dy.tha alri�unkQ�tha pco¢ee8e canitip}iad by tt�e fail�wing . .
<br /> — - . :..�n: (s�t3�t�i�cof.th��ma s�immr�ia�e1y before tht tai�tn�,divided bY(bl t1�e fair t�et value o'P t�e `:� < ' , _ _
<br /> ' Pmpetty�ia�iy Def'ars.t�a takist�: Any�ttnttce siu�ll be pa�d t�S�noarar. 1`n tha evecit of a ga�tial fa(����'�e__ -
<br /> � .------��wUttch.t�da����te�f tire Peaperty�atety hefo�e its�ta�ing is i��taa the mmount-bf t�e-sums-
<br /> seau�ed unmediaitl�t D�fote the�.up2ess Bon+uwer end Lender ott�wisg ag�ee In wiiting oi ualcss applicuDIs taw .
<br /> - — ot,�eevvlme pm�tM gtvoe�d�stiall6e app3iedtat�e sums secu�ted Dy tliis Secwity Insuvmem whether ar ant tEe s�xs ar�
<br /> tdten due. � � �
<br /> ff t�Ptape:Ey is sA�d�ned by Borrower,or i�after aotia by LenGer to�oaower tttat the oondemnar offas to malee
<br /> an awaitlor�etda��ta�a far damages,Bonawer faits w rnspaad to I.ender within 30 days after tIle date tbe•aatioe is ve� °
<br /> � � I�nder is authorhed ta wIIeet eud appty tIle proceeda.at itg option,either to nesioration or iegair of the Pbpe�y or�dte
<br />_ . sams s�cured by thia Security Iasuvmwt.wheWor or aot tlten due. .
<br />� .. Uniess l.endar aad Botrowes,otltetwlse.agiee in.writing,auy.epplicatian of proo�ds m priacipal s6nt1 noreamend or
<br /> pnstpot�e the due data of the muntNy paymenta refeazed fo in gazagtapl�1 aad�vict�icige�t�ie aiaaunt of sucti payi�tent4. .�-.. .
<br /> - 11. Bo�rb�ser Nat Rdea9ed; Fbrbearance B� I.endRr Piot a WaW� Exteosion of tfle tnne for.payment ar
<br /> — cnbdification of ammtizatton of dte sums s�w�d by this Security Ins�i�eat g�an�ed by Lmda to aay sveoessor ia in� � .
<br /> - of Ba�noare�sball�nat ape�ate ro release the Uability of the origenal8otrower or Borrower's suoa�sais Ia inse�est.Le�er
<br /> __ shaU not De�cequucd W commeace pmcee�gs egainst any sucoessor in interest ur�efuse to extend time for paqment or
<br />_- atBe�ai�,ce madify amocti�atian of the snais se�umd by tDis Secutiry Insttument by ceasaa of any demand m.'de8y dte original �
<br /> = . �omowet ot�ortawer�a suooessms in in�scst Airy.futbeaeance by Letider ia ettcen:ising any right or ;.r�.�shall aot 6e at _ -
<br /> � araiverof tQ p�ecladethe eaec�ise of aay right orremedy.
<br />°� lt Saaoesso�s aad A�S B�nd;dofnt�td Sevesa!IdaDility;Co-sfgrcere. 't�e covenants aad agreements of this
<br />= Seauityr Iasonmtent shaU btad aad 6enefit the suooessors and assigns of I.ender aad Borrower,subject to ttte provisioas of
<br /> _ • � 17.Bomnwer�covcoants and agieemeats sQaII be joint and seveiaL My Borrower who co-sigas ttis Sec�uity .
<br />- ..�'::_ r� H++ �t�ut dces not execnte the Note: (a)is casignin�t6is Seanity(nsun�at only to mortgage.g�ant and ounvey that W
<br /> `�`'��';� Boaower�inee�e.at in the Ptopecty�mder the tenns of dtis Securiry�(6��s not personaUy obliga�d to pay the sums
<br />-'� � secured by this Security Iasaume�and(c)agcees tbat Lender and any other Bemvwer may ag�ee to extaid.modify.forbear
<br />=� , ` or make any.a000mmodations witb regazd w dte tetms of t6is Security �eat or the Note withaut that Bomawet�s =-- _
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<br /> _ .:�::':' 13�. I.oan C6arge4. If the loaa secured 6y this Security insttument is subjecE to a taw which sets maximum Ioan
<br />- � ,'• ci�a�ges.aad thai law i�s finally interp�ed so tt�ti�intemst or other loan cha�s couected or to be wllected in connection
<br /> :, with We Ioan exoced t#.e pemiiuod Wnits,then: (a)a�y such loan charge shail be ieduced by the airtaunt a�ry to reduce
<br /> ' We cha�ge ta tIle pemiitted limI�and(b)any sums sIzeady colIected&om Borrower which excexded permi��iPmits wil!be
<br /> � e�efuaded tol3Arrower. Lendet may choose to make this refund by c�:cing the princigal owed under the Nati:�by making a =-----
<br /> =�'� . dirert palydae�nt to BoAOwer. If a refund reduces principal.the red�caiaa will�e arated as a par�za'I P�SapiL+�t_witttout aay. �;,a;>;�:_�_=�=
<br />_;�: �' p�ePaym�rit e6arge w�the Note. - . . �' �:�:�..--�
<br /> - 1Q. Notices. A�cgr aodce to Bormwer provided for in this Security �nsrrouretit shall be given by�eGs� it�or by .�RR�_„��-�__
<br /> -- - j ' ;x.;.:.-..
<br /> -_ � > mailittg it by first class ma�unless applicnble law requires use of anottter merlta�.'�Z�notice shall be direc�i:a.the Property �.,.. �°!'`.:�.
<br />- . �;.: : . t�.,�• : ..
<br /> �� �: �'i-.� Addcess or any other address Bomoever designates by notice to Le�er. Aa�n-.�oe to Lender shall�e give�f�y fitst class .u�> '_:���
<br /> ���'�' �: ' • �
<br /> _� �;,;;��,-�':.-�:-� - � mail to Lender�s address stated hereia or any other address Lender d:si�ates b�cririce to Bona�a�rer. Auy nottce provided fur �, � ,�
<br /> " . �• ��s � in this Security Instrumeat shai! bc deemed to have been givea us.�c�ea�e�csr 1.ender�t��given as provided in this ,j��`_-��
<br /> �::• �.'•-: . �"� .
<br /> � . ,,'��_ � ParaSmPh. , .. � .�` �`''
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<br /> .. '$�,;�,;,�;r` � IS. Governing Law;SeverabUtty. TAis Securiry Insuumau shaIf ire�ssemed by federal laa Fmd t4�e law of the . •�,�. 7 ,`:.
<br /> _;;;' �L �"��`���'r;,�' jurisdiction in which the Property is located In the event that eny pr+ovision orclause of this Security t�nt or the Note ; �� =
<br /> ''�• " �4�rr,,n.•.- contticts arith applicable law.such conflict shall not affect other�m•�sions uf this Securiry Instrument or t��tote wtuch caa _ i,,'; �=.
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<br /> :;; • ;,,t, .,,,•� be giv�s effect without the confiicting provision. 1b this end dze provisions of this Secuatg E..smimeat a�d the Note ace ._.�•.;:1.�,��1;�,:;;r\;I:
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<br /> ' S,:�"yr)�4j�,f: declan�d tobe severuble. .- r.,...`yy 4��.�! �.4,.
<br /> - � �_���&.•7'� Y�S► �3on�owet's�apy. Borrower shall be given one confomted copy af the Note and of chis Securitv�mrr�en� t •;:a?�'�:�.��:,:,-�
<br /> ' '-�, �,'��: .: � 17. 7lraasPer ofli�e�'ro e
<br /> '�'�-�•=:!•� � p rty or a Beneticiat Interest in Borrower. If all or any part of the Pbpe�ey a��y interest in ° ;,: � '��� '• �'�`•-
<br /> .� .., .,.;, ... ,. .
<br /> it is sold or uansfemtd�(or if a beneficial interest in Borrower is sold or dansfLmeA and Borrower is Raa a.natural tson) ����-�� f�'
<br /> �: :.;, �•� � Y-u.. :��.'J
<br /> ��•�" � without l.ender� rior writtem m�sen�Lender ma at its o tion. uue immediate a ent in full of aif sums secured b ' '' �•
<br />_ � .,,:,�;:;+c`�,..: P Y• P �W P Yn► Y ,
<br />�'..� �':�< t�� � � this Security Instzumen� However.this opdon sAall not be exercised by Lender if exercise is prohibited by federal!aw as of
<br /> � '-��,;� ?4�+,�-.. � � `.' . :
<br /> ��, the date of this Securiry Instrument. . , , . ,`
<br /> . '"`. , . •• If Lender eaercises Utis opdon.l.ender shall give Borrower notice of acoeieeation. The nouce shall pravide a�dod of �.+�. ••
<br />�. ' � aot less than 30 days fmm the date the notice is defivered or mailed within which Borrower must pay all swns secumd by this � ''�•° '. :
<br /> „�.'�r�%�• ''� �� Securiry LLSfiunent. UF Borrower faiis to pay these sums prior to the eapira�i�qn of this period.l.ender may invoke any �,. -- °"
<br /> ' � '� ` remedies pemutted by this Securiry Inswment without further natice or demand on Bonuwer. �
<br /> � � 1SC [iorrower��6t to it�instate. If Bomo�ver mc�ecs certain conditions. Borrower shal! have the right m ha�e � � �
<br />__ ' ' , '•' � enforreacent of thts Sercuity Insnument discontinued at any tirne prior to the eariier of: (a>5 days(or such oiher periad as �, � . .
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