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<br /> - 000der�ratkn or dh�er nicing of aag p�t of th�!`�ropercy.ar fac can�eya�in 1'�eu of r.o�dcastiatian.�e t�Y a��d an� `
<br /> sl�all be paid to Le�tde�. ` ` ` �
<br /> [n the evettt af a wqi t�iciug of the Praperty�the P�aYeds r�hatl 6e applied to the suins ssrured 6} �his Secu�ity
<br /> Insuumen4 w1�etI�ar nat thrn due.with ony eacess paid to Bom�+u�er. tn the cve�u of a pm�tial t�fcing af ahe Propesy in
<br /> ahich the f�ic martst v�lue of the Pcnpeicy immedi�tely 6eg°x+e thc t�lcing�*cqua!co or g,reater.than the�x�unt of the siuns
<br /> socueed b �hi�Se�iRy Irtst�u�at immedi�el�before the t�Tcutg..uniess BaroN•e�and Lend�r utheey►zse apee in w�ritieg.
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<br /> ��,���}tltis S�u�r I�}st�vmrn4 shal[be�bv ihe amount of the Qroceeds mu�tipGed bg the f�itawing
<br /> €nction: (a►.the wtat amannt of tht sums savrsd immad�atety before the taking.divided by tb)�f���a-alue of t6e
<br /> pm�etty immsdiaielg before the takiag. Any bal�nce shall be p�id ta Bamw•cr. [n the evcm of a p�ttial t�i►-ing of tM
<br /> proQecry in which•tho fair muket value of the Rop�ny immediatcly fiefar�t}�taL•ing is less Man the amount of the sumc
<br /> secured immediately befoce t6e tafcin�,utttess.8orrower and l.endcr uthen�irc•agree in ariting or untess appticable I1v►
<br /> ---. �aa.��s�the psocerls slr�l�!+�appC_�ed w thc swns sayued by thi�5ecucit�[nstivr��ent xfiettier or�t the s�uns are
<br /> thn►due. . _ --- —
<br /> '-- — If ttie Ptopett�is abaudaned by Bamw-er,or if,aEicr nalice by L•cndcr,ta 8atmw�er that the caxkmnor offets to make
<br />_- an awa�or seuG:a cLvm far d3mages.l3orrovrer fails to respoad m i.ender,within,3Q day��fter thc date ttie�atice is given.
<br /> -,?`' _(,e�der is autlwriud:o co!lect and app3g the p�+o�eeds,at its optiar�.either to.r�e+taratian.ar�r�c�air af tNe PropeRy or w die
<br />_= sums secviced!�.this Secarity inswa�en�.whether ar not then due. `
<br />;�-� ��s��Borrov�r�otheruise agree in writing,any application�ofip�d�,tmpd�ipai st�atl not estead or _
<br />_ = postpone the du�dute of the monthlY PaYtnenG teferred to in Par�aPh-s 1 and Z ar.ctrang�the amuunt of such pay ments. _—
<br /> ij. �a,�,� � Rsle�d; gordearaaoe gy Lender Not a Wai�er Extensian of the fune for pa�ment or
<br /> modificatiaa af amortirruat af d�e sams secuced by this Secnriry Insuumeat Sranted by Lender w any sucaessar in interest
<br />,. af Bacrower shuil�na operate to mkase t}�e Ga6ility of the origircal Borrower ar BortnWec's succeswn m inte�t.Lender ��''�� -
<br /> �ai!m�t be.�eqyited tp commence proceedings against ae►y successar in intecest or tefuse to extend time fo�pa}'ment ur -.��-_-
<br /> othe:wise madiT�eamartuation of the sums seewre�by this Security Tnstcument by�son'oi a�iy demand made by che oeiginai F-�_
<br /> gorruwer on&�wer's successa�s in interest. My farbearance by l.ender in euercising any cight c+r rcmedY shal�rnrt 6e a ____
<br /> - w�iverof ar�m.�c8ide ti�e eae�ise of any right or nemedy. • ��.v�
<br /> ide --
<br /> ' 1Z Succe�urs aad Assigns Bound;Jaiat and 5eceral I.iability:Co-signecs` The covcnants and,agreemen�c of this �4�_:
<br /> . � ' Security In�rumea�shaU bind and benefit the successors and assigns af Lender and Borrowe`r,subject to the provisiaru of � ���.
<br /> . ,_s tie�anis and a shali be jaim an�several.-Any Borrower who co-sipts tbu Security _ E•`_��''-__,��-,--
<br /> P��P��IT B'anawgr co ��s .
<br /> Instrument buadues not eaecuee the Note: (a1 is co-s�gning this Secority lnsaument only to mon�age.vrrant:md convey that , �,����'�f�'t;;' f:,,,_
<br /> �„_.
<br /> . � 8acrawer's intur�sE in the Ropecty under the tertns of thic Security InstrumenC tb)is nat personalty obligated to pay[he sumti •�:L3.� _
<br /> `- i::-; secatrd by this S�ity Instrument;and(c)agrces that Lender and any other BorrDwer may agree to extend,modify,forbear °.•��'-" " =;:;.•`_
<br />• ' ..x�v or mnice any�aecommadatiatu with n�ard to the tem�s of this Securty innrument or the Note without that Borrower's '�y ��;_`
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<br /> ° consent. .� :-.' 'i--
<br /> • � 13, Laort,CAarges. If tbe laan �cured by this Security Instrumerit is subject to u L�w which sets m�eximum toan �;�
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<br /> ' ch�:s�;es,and�thnt law is finallg emterpreted so that the iutec�or other loan cha�ges colleaed or to be collected'a�coc��.-tian !;,` _
<br /> with the loan exceed the penn i u e d limi[s,t h e n: (a)a ny s v c F i t o a n c h a r g e s h a l l be r e d u c e d 6 y the amouot nec e_�.s a�.-3�t�v�educe -
<br /> � - tUe chsuge trr d�e pennitted limi�;and(b)any�cros atready colterted irom Boaower which exceeded pzrmitted limits will be ,^ s,Y�'' _
<br /> ` teiunded to•Bnn�+�ef. i-ender may choose t�a�nalce this rcfand by mduring the principal owed imderthe�ote or by malcing a � '4,�.� :;,.• ``�"
<br /> . .` , •� t`�° direct paymenn taBo�rawer. IE a czfund sa�n:..°s principal.the reduatian will be treated�c a partial p�gayment without any .=�r�s.
<br />. �' ::�`'°°.` - F�PaY�ent:chargeundertheNoie_ � . ; ;�.:, �.
<br /> �` �' 'r 14. Notiees. Any notice r�Borrower pravided for in this Security Instrument shalbbe given by delivering it ar by . .
<br /> '�t�'-c:-
<br /> .•,�'�'�• ' muilin�it by.first class mait unlecs appiicab'�law reyuire�u.re of another method.The natice shall6e directed ro the Pre�peny
<br /> ,' Addr�ess ar ama•o[her address Borrower des«ates by notice ta Lender. Any natice to Lender chail h�r,,iven by first class . . �:'�
<br /> .(*: � muil ta I.endar's address stated herein ar any oiher uddress Lendce dcsignate+by notice to Roaower. Am:nuiice provided far __
<br /> =;'���; " —
<br /> in thi� Securlry tnstrumenl shall be deemed ta have hecn givcn to Barra��•er or Lenderµhen given a�provided in this ,
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<br /> : r 15. G4verning Ls►w:Severabitity. This 5ecurity im-trumcro sha#1 he govcrned by federol law and tfie�1�1v of ttje . : •�_y
<br /> . � r+�''',:' r jurisdictiaa�in which'the PrapeRy is locatcd. 1��he event that any provision at clause oi ihi�Security lnstrumertt or the Nate , _�
<br /> .. ' � '' `�x�'l��;i; eanflictw wi t h�app lica b le law.suc h con f li c t ti h a l l n e�t a f f e c t o t h e r p r a v i s i o n.o f i h i�5 e c u ri t y I n�t r u m e N a r t h e N a t e w hi c h c an , �;3_�--_
<br /> • ;�,:;;,;'�� be given�eCtuct without the conflictia�pro���:on. Ta thi�end Ihe provi<.ionti ot this Securiry Imtoument and the Note Are . j�=�__.
<br /> , ,;•%�E decl�nd to he severable. - ' '•-°—
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<br /> �• •. : 16. Boerower's Copy. 6�c+:.•�aea s'».`:'6e given one cnnfarmcd copy of thc Not�an�1 i�f ihiti 5ecurity Instrument. ` r'.,;;t;�.,. �-�._
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<br /> �='• •r, , 17. Ti+ansfer of the Pr�+.�tg�mc s�ei3cia11�rtere5l in BonoK•er. It all or an�.�:r,t oi the Prorerty or any intere�t in .'�°,�r�ittifX+s;;�
<br /> �� ' "� it is sold•or transfeaed(ar if �e-efci�.L'_�yre�e in Bo;rower is w!d aF tran�ferrcd��Barroa•e�ic nai a natuml penonf
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<br /> � ,i;::";.. - �t:q•...;�,�.. withuut�L'endt���rior writter.ccintient:i,�-�:�:��nay.at itti option.req�;�iTe immcdiatc paymcnt in fe::t�P.all tiums�ccured by = . �, :�L.*k',
<br /> . , :��i;,,. ° �hi.�:Security I�,��:rnent. Howevet.ihi�i���-x•.°�ha1t nat be excrcised 6v Lendcr if excrcizc ir praS::`ira�.by federal iaw ac of . �.,i':�==s,�,.
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<br /> �_���Y�.,t>:�'•� i�ie dutc of this 5ecurity tnstrument. . ' .
<br /> .�.r '; � `" : � If Lender exercl.res thi�aption.Leader�hall gi��e i�m?awr notice uf acceteratian. Thr naiice�hall prav:�c_:periad of �..
<br /> •. '`'`�� '�'�:�' ''not fesy than 30 days irom the date the notice is delivere�!�a:mailed witbin�vhich Burmwer mu�t pay all�um������ed by this � •. . .
<br /> � `�'!• `�'''''-' -• � Security Instrumcm. If Borrower fAits to pay ihe+c :um.priar to�he cxpiratiun ui'thi.perioJ. l.ender may invokc any �.
<br /> '�-';!�;"'�.'�i.:,.+I � remedies pertniued by Ihic Security Inatm.:-�:n'withvut funher notice�r drm.md an Harcower. � � •
<br /> � �.
<br /> sr.- , ��`i,��`�;; ' IS. Barrowe�'s Right to Relnstage: .[i'Bvrrower merty ccrtain cundition�, Bonowrr.hciK ixavo thc righ� ta have ';�,,�.
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<br /> �,; �l.,,,,;,, . � enforcement uf this Securit ln�trument c�i.continued:�t an time riur tn the earlier uf: lal S da�•:or�uch uther pericxl as
<br /> ��,�.5��?� , . 1 5r.z'���a:i,ty.-tannk 1fae�FYeddk ttac l'�IFI►1t�11V�'iRl��4:X7'--1'nif��mi facc�xiuh 9,'90 ��+��yrJ�,f���we�'•+ ; •;;1`,`.. .
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