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<br /> � ,. �:�S.ue o€t�e Fi�ape�ty`imma�atdy�befo�s"+�a�g is eqQal to or gre�ter than t�a emouut af tUa st�secattad`by iht8 �, = —
<br /> , �°:��at.�ediateIg�one t�e ta&ing,uint�s�rrawer and i.endar at�eiai�o�nea�a writing.�tmo��`!�Y� ,_. L
<br /> thi���eat sQa1t pe reducal try�e am��di:�s€the pmceeds mult�p�ted by�Y►a Pollowing fractiod: t��:�►a t�ttk ' ,
<br /> ` amuunt o �e snms:seaued.��Y b�fo�e the�R��,��?��Y(b)the.fuir mar�Evatua af tfin Aop4rtY���k ' ,
<br /> . 6tfo�+G t�ie i�it�$ �Y-bal7stoe`�lI be p&It4tQ'�o„�,�'�v�`,'.'�,'��is`.:,�x�1,�?ev�nt�of s p&iRls!WkIng Of t�D PmQeriy tu..w�}I�B'tllls.�'�Ift:�` �
<br /> ' . -mart�es.vatue ot tt�e Fropec�y.3a�m�atr,ly..be5na��u'�:�'����ian the amount of die sua�q-sautnd ia�me8i�ita�tt:.l�fort th
<br /> tatcitig.ualess�o:rower and I eader otherwise s��:�;,�+aaitess apglisa6le Iaw atherwise pmvIt[es:the pi�d�ooeda atutl� •
<br /> hp aPp1ied W the sums secnr�d by iBis Securiry Insu��y�tTie�nr not the sums an thcn due.�� �. '
<br /> , �If�t�s Ptope��$s s�doned 6y B�rmwer,os i�:. .a�'�by Leader co Bottower Wat the ca�ademnor offe�ta mu7io��n� .
<br /> — � eward:or sett33'e„i�;e��`�25r'd�mages, Burrawer fails ts►;.:,�a�1 co Lender witbin 30 dsys efter tAe date tda notioe ia gives+.
<br /> Leude�t ts eutf�a�,�'4?�tect and aPPiy�P�.'��,�t�an,dtBer to reswratian or s�pair of tha Propetty or to the sums �:.
<br /> seeared Dy this�5�?��u�utitmem.wh�heror�ot"tLia�rii�:�:::: `
<br /> ���_� - -- --•-Unle�s�s�:Bormwer oiherarlse agtoe'in.��ri,�,"any applicatton af pnQceeds W�it!s�a1l sui exter�3 0� �--;, --
<br /> postpRZ►s t6a c€ue�of the mont�IY payments referred�#i�iagraphs 1 ead 2 or change ttie atao�t�o�su�h pay�its.
<br /> � !I�BarEO�I�tut itet�tt;Fosbearaace By Lent�.�+Fot a Waker.Extension.of Ute tlme for paymcnt or modiftcatian
<br /> ° of aa�onizatian a�&�e;sums secnred by this Seciuity Insauii�t g�amod by Leader to any sucecssor in lntetnst of Botmwer ahal!
<br /> not ope�a�iQ�e�:the liabllity of the original Borrower oi��omower's sucoessors In inteiest. Lender ahatl not bt reqttit+�l W
<br /> -- eommenQe prooe�s agalnst any.successor in interest or re�iisa.to extend tinae for payment or othetwlse modit�r.a�mrt�ltIon
<br /> ot tAe sums sea?i�fiy this Sewrity ln�ment by reasou�f ai�y demaad made by the orF�ina! Bomower or Bomowes's
<br /> ---�� sueo�ssors in interest.My fordeazaace by l.ender in eaer�isxdg�y�t or remedy st�aU aot 6e a waivex of ar preclude the � �
<br /> __ exetctsa of eny right or uemody. ,`. . , �:.�::: .
<br /> la. Suc�a and Asstgas Bonnd;Joint an�SeF�1!�t�ab��a-sigaere. The oovenants ei►d agr�ements of tWs
<br /> - -�. . &curity iaswment shaU bind aad beaefit the suovesso4s anil as�rss n�:�:eender aad Bormwet. subjecl to the pmvisions of
<br /> � -- Oa��PA 17. Bo�mwer's covennnts and agreeme�ts s'na1t:be jaim..anz�•seYerel. Any Bonnwer who oo-signs tAis SocusIty .
<br /> _-_��-__- instrument but daes not execute the�Note: (a)is co-signu�g.�cfiis SECaiit�.�stz�ument oniy to mortgage.grant and oonvey tdat
<br /> ��:�� Borrower's interest In the Prroperty under the tem�s of t�s Saciirit�r i�st�v�aeut;(b)is not personally obligated to Pay d►e sums
<br /> — secu�ed ay this Securiry Inst�ment;end(c)agrees tbat.Lend,.°c and�aiiser Boaower may agree to extend,modify.foiDear or ,
<br /> ------�-�T::�-` nuske any esrommadadons�h regsud to the temis of Qus S�auity.Iu�mnt or We Note wItltout that,Rnrrower's rnnseat. . ,__ _-�
<br /> '; `s,-;H:;�:°���; 1�.WAn Cha�ges.If tiie loan sECUred by this Secu�aijr Instrumeat is subject to a luw which sets maximum loan ctiarges. ' --
<br /> _ _,; �;,;.�:y;;�� ond Ihat law is finalty interpreted so that the iaterest or ot�er toart charges collected or to be callectcd in cannoction with the ---
<br /> a�a,k;;�r. �' ,A:,� loun oz4�ced the permittod limics,then:(a)any such loan charge shall be reduced by the amouat necessary to reduee the charge ____
<br /> ��aiG`.';:,...� . : ro tha pemtitted limit;and(b)anY sums already collected frora Borrower which exceeded permitted limits will be refunded to _ _
<br />� `•�'``ti' � ` Oorrower. lxnder may clsaas;,t� ,,,v1ce ttus refund by reducing the principal uwed under the Nate or by mak[ng a direct ----
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<br />'� '��'-"'��� ` °� �` : paymCnt to $orrower. If a e�efind redaces principal. the reduction will be treated as a partial prepayment without any _`--�-----
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<br /> � ��;•_�;,•�r`�� ' prepsiymeftl charge onder We Noie.
<br /> ' �`-�_:::. .� .. • 1Q.Nottces.Any nouce to Bonower provided for in this Securiry Instrument s6all be given by delivering it or by mailing `-�=__
<br /> � • ���,�� tl by lirat class nutil unless appltc�te laa requires use of anoiher m�thoA.'!�e notice shaU be directed to the Property Address �?��-___
<br /> t ,� �� •.� or uny athcr address Borrower des'►g�nates by notice to Lender. Any no�ce to Lender shall be given by first class mail to ;�t'+..�:=�=-_
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<br /> �, . ._ 4Cnder'K adJress stated herein or any other address Lender dcslgnates by notire to Bosrower. Any notice provided for in this � .:�'�;.-�-°
<br /> � �" Secutfty In.rtrument ahall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. , �:yv _
<br /> j� IS.lioveming l.aw: Severa611Ity. T6is Security lnsm�ment shall be govern�d by federal law and the law of the
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<br /> Jurixdicliun In which tho Property is tocat:d. Jn the event that any provision or etaus�af this Security Instmment or the Note ,,'.r..`, '�,``�< .�•U�:�,t:.;;
<br /> f�'� �',. :±'.", • ' conflictx with upplicublc law.such conflict s.hall not affect other provisions of this Se�vvrity Instrument or the Note which can be ,ti,.-j,�'.''::',r.::��.i:;;.�
<br />_ '�`i " ��' ` , � glvcn cffec�withaut thc conAicting pmvision.To this end the provisinns of this Secucity lnsvwnem and the Note are declared ,- ,.
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<br /> _ �` � � 16.IMr�u�rer'x Copy.Borrower shall be given ane conformed copy of the�lote and of this Security Instrument. A . �
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