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' t1 ` �•V�i��� ' <br /> . • caodann�tioa ar od�er talcia�of�r p�t of the PtqxK}•.or fa cauvelrance ia,lieu aF�andenrwtion.aoe 1Kreby�i�od�d . <br /> �- stisll.�e p�id to Lseder.� � . _ : <br /> In.tbe e�rent af a taat t�ll�i�d tha ptopertY•!he P�ncceds sitall be�pplied w the stirt�s secut�ed by dus S�c'u�itY . <br /> : k�erumwt,wt�ett�er a not,tixn due with any excess p�d w Baaowcr. !n ihc tvent of a p�rti�i tsicina of�e Pt�a�tY i� - <br /> ` ' ` wl�icl�the fair mntet vatur of a6e PlopFnY imm�diatety ixfae the taEiaig is equal to orpte�ertis�t the arrKwtR of the swo� - <br /> ' ° sec�red 6y tl�is 5e�rity fas�iv+�iaunediate�Y befar Wc t�ing.�utkss Borrowu apo l.ender oth�wisa agnee in writinE. , <br /> the sums 3eca�od by this Security iratnunenE�lul!t+e:+�d by thr anaurtt af the ptvteeds trialtiplied bg the fd(owir� <br /> - fr�tioix (a�die,totai amount vf tl�su+ns s+��d�17�befae�e taking.di�+ided by�b)the f�ir matYet vatiue of d�e _{:�- - <br /> ' Pta�perty immcdNlelg�efooe tfie tai�ir►g. Aay.batat�ce.,st�aU be paid w S�mv►�ar. [n itie eYept of:a pattiaE takins of the � <br /> 4 Pl�pett3r ia whic��hc fair rnuicet 4�lue o[the;NopertY iit�ntti'►�tety txfae the t�tcing is tess tlua tl�e artKwnt of ilrG wms. ° <br /> � , securrcf inunediatety Nttora the taldng.unte.cs-Basrower and Lender otGe�wise agroe u� �criting or unt�ss:�pp�iqbk 1aw <br /> nd�wise pvYida.tlfe p�ccseds sha!!be appli�d cQ the sums se�vtetl by this Security,lnstMnept v�hether ar not ttte sums are <br /> ', tflesdpRti����' . <br /> If dibt ��.j,�bry$orm��r 9E if.aRer•nntice dy:lrnder ta Barmv��r Hxu.tbe cuademnoc offecs ta make <br /> � ._ <br /> an awud or�p1�;R�t�iiu Co►.damages.Borraw+�fails to cespo�d w I.ender w-uhin 30 days after tLe�fao�e tt�c nuticc��'� <br /> 1R <br />-- Leader uauthoti�.#o`eoEkrt a�xt appty�he:p�aaed.�.:a[iu.+�tion.eithec w�e�stocrtion ar apa�r af the Pt!opect�r <br /> sams saaurd by this 5ecucity Inswmrn�whetbct or not.ti�ett due. <br /> . ` Untas t.ender aM Bortawa od�avYise agre�in,writ�n�,.any appti�ation of pmceeds to psaicipal sUall not e�ctend ar. <br /> - ` ��he due d�tO a�'the manth[Y paymenn nfeired to in par.�grsphs!and 2 or ct�+nge the ar�r�nt of such pay�nents• . <br /> 1L aorroMer Nat Rekascd; F� By Leader 11iot•s Wai�er. Eatension of-thc time fa` paymait a , _ <br /> �madification of amatizatkn af the sums secured by this Security[n.wument graneed!�}l.ender co any successo�ie mtercsc , <br /> -- of Bonowe�sha(t not opeaue to aelEase the liability of tt�e uriginat Ifomower ar Bortawers succes.wrs in inte�sst.i.ender <br /> " sl�al!not be reqwrcd w camme�ce pmceedin&�against any wccessar in inte�r br refux to extead tnne for payinent�r <br /> -- od�ecw�ise modify�nott"vation qf the sums secuRd by tbi.c Security In�tiwsent by rcawn of any drn�a�d maile by the ongtaal <br /> ` Horzorver or Bamwer's su¢cessors ie interest. Any for6eararce by lxnder in e�tec�ising aay nght or nmedy�II na 6e a <br />— : aaivcr of ar p�clude d�e exer+cise of any rigiu or cem�dY- , <br /> IL S�tooe�ers�od A���d:Jaiet and Se�enl,Lia6ilits;Co�s► The covuta��ts and agrcemenu of tkis <br />-:'.i , Secuqty Insuument shall bind and benefit the successot�s and:usigns uf Lender and Botrowev.su6ject to the.provisioiu of • i <br /> _ . � y�grap6 17, Bom�wefs covenan[s and agrecments shaq be laint and sev�ral.Any Bc�rrower who co-signs this Serurity � <br /> � Inst�mne�tt 6ut does rat txecute the Note:(a1 is co-signing ihis Security tntiuument only to mort�ege.g�ant and com'ty ti�at - <br /> -�� Borruwer's interest in the Ptoperty un�ier the temu of this Security Irtsttumenx Ib)is not persa�atty pbligaced to pay the sums <br />_ - secured 6y this 5ecuriry[nstrumenti and(c)agrees that ixndec ancE any other Bomnwer may agree to eztend.madify,fo�bear <br /> ;. ar matce any accommodations with regaed'to the.temts of tbis Security•insttument os the Note withou�thaE gatower's <br /> ' ,.' s C�NlSCM� 'fa <br />-�" i3. L.ore Char�es. If the taa»securad by'tt�is Security Instrument is subject ta a law which sets ma�imum loan : <br /> _ . c(s�s,arid that law is finalfy interQreted sa tfiat the inte�rst or other Iain charges rnEkcleA or to be collected in coiuKCtian - <br /> ' w ith die loan exceed the permicte�i g'anits.then: (a)any sucb tu�[►cha�ge shall be redacect Gy Ihe amount necessary to�educe <br /> ";rt the eGarge ta the pe�mitted limi�:aud(b)any sums already rnA�cxed fram Borrawer«(uch exceeded petmitted limirs_w�ill6e <br /> .�,� refunded to Borrower. Lender i�aF choase ta make this refimd iry tedrrrina ci�e principat ou'ed uader tUe.Note or by making a <br /> - direct payment ta 8�¢r�c�er. If a r°�.fund ced�ces prinrtpal.tl�e reductian v►,:E6 be treated as�partial preQa}�nent w�tt�ac�any �, <br /> prepayment charge under the tiv�;. �. � <br /> . 14.Notices. Any notice ro Bormwer prnvided fur in tfiis Securicy Instrument shait be given by delivering it or by �� <br /> maiting tt by first dacs mail unless applirable taw requires uxe of another methad.The notice shall be directed to the Ptapenq �fi� ,��� <br /> � s 1 "v e n b f irs�t c1asS '�����. <br /> •,�', .�: A d d m s o r a n y o t h e r a d d r e s s B o r r o w e r d e�i�r r a;e s b y n a t i c e t o l.e n d e r. ,�n y n o t i c e t a L e n d e r.h a l b e F a y :; <br /> °71 �. <br /> � mail to Lertder's address stated herein or any�;ii�:c address Lender desipv:t�hy notice ta Rorrower. Any natice provided for .'�;, ,�.�; <br /> • in this Security Inst�umem sball be deemed rs.fiavc 6een given to Bcv-wk+�c or Lender,when given as provided in this � _-`�y�="`-= <br /> • =`�- �_ <br /> � P��Ph• ' ' <br /> _ . _ 15. Governing Law;Sevtrability. This Security,�u»;c;xnt��'��lo bt goverrxd I�y fcdcrat law und the law of tlte ;�'� k1�'.. <br /> _ juris�ction in which the Property�i�located. In the event tit.;:-;�i+1�+t�;�z br clause af�.�iti Sccurity Instrumetrt arti�e Alote , ,���` <br /> " � canfliets wi�b applicabie law.sui:r��st?i4t tihall not affect citi�K{�:osi=a:s:w.�:`Yhiz 5ecurity Inwrument or the IVot�exiii�h can ::;t_;.;;,,��"= <br /> � .; - be given effect withoul the co:.�i.;.�:�z.Fr�viK�?a. To thi�er.c�the prc:�i�:�ti of thi�.Security [�strument and tfie:Vate ace =:�'�'�"` <br /> • ' dectared to be severabte. ' ° `` ;.;`��,�?_..-- <br /> 16. Barrawer'sCopy. P�ir�a�:r r,,di:�:°�3iven one conformed copy af the Note and af thi�5ecurity lnstrumem.. :�'�: ;r,,:.- <br /> � 17. Transter uf tiMe Pro�rt�a'a itenefkl�l lnteres!i�Bnrrower. Ii all ar any pan of the Prancrty or:u�y iat�rest in •,'�,;.:�'__ <br /> it is cald or Iransferred(or if s:t�e:zcficiul intcrest in Borrow�er is wld or transferred and Bonowcr is nat a natural�(�n> ``.�,.y:;��;,9: <br /> ` without Lender's prior written consent.Lendcr may.at its optian,requirc immcdiate paymen�in full of all tiums�,uitd�by ' _ f`+ki'�_ <br /> . thi!�5ecurity Instrumen�. Hawever.thix option�hall nat be cxercised by Lrnder ii exercise is prohibitat hy federzt.l��Y as of . - • �• _-.��___.__ <br />: - the date of,this 5ecurity Instrumen�. � ' • �' ''" <br /> �:> 'z_r,...:_. .., <br /> �. •. If Lender exercises this a�ion.l.ender r,hall give 8ar.�i±f•cr notice af acceleration. �'�::notice��a11��svide�r�'iod of ' �;, S{�;;;,���.-- <br /> ctc,��;ss than 30 days from the;'.�:;i�t thc notice is dclivered uf i;��iitcd within which Borrovr::tt�.ust pay all sums�ccun�i by thi.r � •� ;;,?�;ri��.j:'',_ � `'�,. <br /> , � Stit��rity Iruttumertt. If Borrc��.x,-failti ro p�y�hc.e �um+�::;'ior to thc czpiration cf�1s:i� �eriexl. Lcndcr inay insc�ice any � .:{.f',�';;;i�;;�� <br /> - " remedies permitted by this 5c�c;cr:y Instrument withuut furthcr itotice or demant!nn Br7c,+er. ' �''�f?,�` <br /> ' • '' 18. Borrosua�;'A Rig,t�t to Reinstate. /f Barro�vcr meet�ccrluirr von�ii:ianti. 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