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<br /> oonde�aa�tiau or ot6er t�af anp�t of drc.FcopcRy.ar far canveyau�e in lieu af condcnuwtia�.�e t�cc�ct�y assi�nM,and:.' .
<br /> , shail bc p�id to I.ender. _ < _ . �
<br /> . In the event af�total tsicing of the prupeRj.the pioceeds�I! 6e�tpptied to the sums��yred!iy this Seeurity
<br /> �iiutrwnent��hether or not thrn due'xtith an�r eacess p�id to BartnKrr. _tn the e+rent ef a R:ufiat taking o(tfie Ptc�perty in
<br /> -�` wiuch th�e fair m�uket vatue of tl�e Propetty imm�atet�hefi+n the trWnF,is cyttat to ar Lereateo thvr the am�wnt�(the tiums .
<br /> ' �by tt�is Seeurity►nst[umeM imrt�cd'eatety�beFore the t�ling.unie�..!'3oROW rr:md l.enckr othen+i�c agcee in wciting.
<br /> the suaas secured t�y trtti�5ocuriry Inswme�tt sh•rti ee rodueed by the amount of the pcuaeds maltiplic�f by the folQo�ring
<br /> f�p+on_ (a�t�e tffial amauot of d�sumx secured immediately beCoce the[�icing.divided by lbi thc f�ir ma�et�ratue uf thc ,
<br /> Pmpe�ty iinme�atety Aefae the�Icing: My bal�nce s6ait Ix paid to Ba�wcr.,In the erent of�p�stial iai:usg of tlte� --
<br /> proppty in�which t�e fair mazicet value of the Ptoperty�eiy 6efo�the taking i+kss�han the am�unt oE the wms
<br /> secuted immediatcty ixfat the t�tcing,unkss Bortax�er and Lenck�s o[hernise:�'e m writing ar unic�s appiicabie tarv� ,
<br /> dMwise p�ovides.the p�oe.'oeds shali 6e applied to tt�swns secured by this Secnsig tcutniment whethu or nat�sums are
<br /> tbendue.� . .
<br /> [f tlie Ptvpe�ty is abaadored by Ba�mwer.qrj�after�wtice by l.endrr ta B�crow•er that the canAemtbr affers w makt �,�
<br /> an awa�d or seak a claim for d�mages.Bar�ovre�faiLs to�espond ta Lettde[�ithin 3U day s atter thr date the rtaice is giv�r, --
<br /> - Ltnder is a�titorezod w colkct and app[y.tiee proceeds.at its opuon.eitt�r to restaatioR tx rep�ir af the Propeity or to the
<br /> ,`� sums s�cured by this Securie}Insaiun�nt.�wheJx�or aot then due.
<br /> U����g�p4���erwise�g�ee in vk�riti��arty appliu--�tia�af pmceeds to ptincipal shatl not extend at
<br /> �=- postpone the duc daze of the moathtg pa}�mene�refened m in parrgraplu 1 artd 2 or ch�ge tt�amount of such pa�rments• ; =�
<br /> .'�;'� 11. 6oerawer Yot-Rtleased: For6a�cae�e B� I.EOder Not a N'aE�-ea Fx[ension of the time for payme�u or _--
<br />;::�J,i� ��
<br /> modification Qf a��of the sums secuced ti}this Security instrument gran'ted by�er�r fo any successor m i�tterest ---
<br /> iTIPI±`
<br />.�.,�_ of Sorcor►et shatl not operate to relqse the iiabitity of the origimt Borrow•er or Bomnv►er's•successars in intere+�lxnder �.,�-
<br /> ,;�z',,'. � : sttail��ut�6e ra{uired w cammence p[oc�n�s ag�nst an�succesux in intecest or tefase to eatcnd time Cac�+ayment os — _ ___
<br /> ---__ ., od�v�rise modify artatttzation of ihe sums secured by this Setur'sty tnswment 6y reason of any demand m�de,by the orieinal _____
<br />-- -- • Bamwa or Bortoa�er's suec�sars in iute�est. A�ry forbearartce by L.epder in eaercising any right oo remedy shalE not 6e a —v�__ -
<br /> ��� waiver of or tude the exercise of au��3it ar a'axdy. � � �
<br /> Pa au ' -
<br /> - 12.,�a�d As�i�s Bu�[«1a�t aed Seresal L.is6Ntg:Co�wers. The covenants ancf agn.�ements of this �`
<br /> ... • $ecuriry Iactrument shall b�t.�d b�efin the successors and assipis of l.endec and Barrower.sabject to ttie pn►visions of , f.�-.
<br />�,, ;'•�. ' paragraph 1'7.Sarower's cxiveIIaitis a�d agceements shall 6e jaitu and sever-.il.Any�Bortnwer wfia co-signs this Security $�;�f�.
<br /> -°'j: � � - [nsdument bu1 does na�e�qte i�ie� iai is co-si�nning tl�is Secvrity It�strume�onlY to mortgage,grant and canvey that . �_ •-
<br /> „ �< < �n
<br /> �s" Boitower's intecest in the Pmperty undertine teans of this Securify IasUumenw (b)i,no[personally abtiga�d to pay the sums �
<br /> ,, .�T:. .�� secured by this Security lnttcument�aud:(4i agrees tha�Lxnder and�ny ather Bortower may agree to ex[ead.�modif'y.forDeat • =: —
<br /> ' ��'e� ' om 'ons with: �rd to the tecrns of this Sec�snty lr��uument or the Nate witi�aut that Borroweis.. . ��,__ =2�.�._�
<br /> . or make any acc modau �' ;. - . _
<br /> . .`..., consen� . .� . •:.:ry•: , , :.---
<br />_,;J`�,lf, -� �3• �Q��es IE tbe Ioan�ea:ured by this Security tn4trument is_su6ject ta a law• which set+tn�ximum loan
<br /> :�� ,.��� eharges.and that!aw is fruat�y irGerpr-�d.+o that the interest o�ather,inian char es coifected or tQ be eoHe�Krd in connectioa' . ,.�;f`-�.�_.'-�
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<br /> ,�;;� , witb ehe toan exceed efre pe�mitted ti..-��y;:ihen: la)any such toan cTi��Shal!be re�tuced by the amaunt necessary to reduce:� =��._�
<br /> ":t•.= the charge to the pemdtted ii�st;an�ti�l�riy sums al r e a dy¢o l f e c c e i i'f�$a m a w•er wfuch exceeded p ermiued limits wilt 6e '' •`�.:;:-_: -_
<br /> � - - refunded to Borroa•er. �.eardea may cho�e to make thiy RfurtA red�+cirr the rin,. t ow�ed under the Note or by making a. � �:��.-..
<br /> bY 8 B , .'� . r . ,r;�{��.5}r=_
<br />�. ' dimet payment to Horrov�ez. [f a refund reduce+pri 'r�crai.,tl�e reduction«i!F€�t1r�3tzd as a parti�l prepayment without any •' ' �s;�����.S<<�r,:,._�_
<br /> - ,i •Y``-: --- �j4�.Notiees. Any ot ce�ta Bosmwcr provided tior�'sn thic Sec�city In;stiit�s�':z[sf[a41 be givrn i�y Jeiiveein�it ur b�--- .,,�`!�'�``- 1 ,.•~ -
<br /> � �''�� mailing it by first elacs mail unlesy applicable law requir:s u�r af���r1`.v�me['.:att'f'tre aatice sha116e directed to tt�Plropecl� ` '', � ��-_
<br />;'.::��i� •� F � : ,;,:
<br /> . i , ���`�` Address or any aher addresc Borrow��r desigmate+by notice ta�rn!i� An}�rotice to Lende��hall be given b}��r�t cla.s ,�
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<br />���±;; � ��':�., rnail to l.ender:s address stated herein or an}•�ther addresc{..ender��iiu�ies by notice to Rarroa•er. Any notice prrn•ided far i -
<br />;:ar . � in-this Security Instrument tihall be deemed to have been givcn io 8nrroaer or L.ender when given ati proviJy�i in this 4�_. ' . =
<br />:;�. �'' . . ., {:'�'-� a =
<br />•�":`' - �g��' � ry Et�.! be govemed hy federal�aw and the law of the '+•'� ' -
<br />;;i;;*:� ��;;',� 15. Go�erning l.aw;. �ernbili!_v. Thi.Sccuri inrtrumenf.-4 � ` ,'.
<br />.::;�;f':!+;i • � ��% ' juri.r•dictior_in which the Property iti tacated. ln the event tl;at 3n}•pn�}i3ian or clau�e of thiti Security lnsuunient or the hot� ��... � _
<br /> '1'�:�'�'- • _"`�'��'�i�•� �rii,t� licable law,such canQict�hatl nat uffect other proVzsian�of thiy Security In�m�ment a►the�vote which cair �'•�� �� '-'•�
<br /> .,j�., - :�:,�w coatl'aet� �� PP --
<br /> . ' ,•, •'r,`,�d•�` (r��icc�t��`ect without the conAictina pr�vision. To thi.�nd th:pro��i.ion�of tbiy Security tn,trument and the Note a�,�- _•:� iJ���.r,: ., . `.'�,�
<br /> • .de�li�Y:!to be scverabte. ". ' . ' �'�..j�;:� �� �: ;�-
<br /> 16� Borrowe�'sC��gy:'Borta«�er shal)bc givrn nne canfiumed c��py ni tfie['�+±tt and of thi.Security In�t�uuteri�. t.,• . _-
<br /> , . '� I lnterest in Borrawer. If aQ<��an� art�t'thc Property orany interest in � '. �+�{I�, : __
<br /> ,, „ 17 Tc.�nster of'z!t��operiy�or a Beneticia 5 P ��}r � �E.:
<br /> ""' it is sqlJ crtransferred lor if a bchuticiat interetit in Horr��wcr i�.otd ur tran+ferr�:d and Borroa�er i�not:�natural personl..: ��_` � . , __
<br /> ,,:;.;r � .
<br /> r • � Y wit*c{![il�uii:rz prior written coment,l.cnder may.at itc vpticm.rzquire immediate paymcnt in full af all wmc secured by ' I •• , _
<br />�':;;'.'• _
<br /> , �� r., ;�FS S�i��j In�uument. Hawever.thi�,uptian�half:rce he rxcr.:i+ed by Lcndcs if cxerrirc iti prohihited by federal law ay ui`., . . ���,,.��.
<br /> � t'.i�date of this Sccuriry Intitrumen4 � ���7�. _
<br /> , i ;Y;..�, �-_. 1f l.ender exereices thi�aptiun.I.cnder�hall gir�r 73orrou•er notice of'acceteratiun. The notice yhaU provi+i�a perivd ot ,: i
<br />� ' -•� - not fesc than 3(I dayy irom the d;►te the m�tfu:is dclivcrcd as mail�t u"s.:hin�ehich 8unnw��r mutie pay all sums.ctnred b}tir,'y'"" . t�. .
<br /> �.��" � ��� Securi�y Instrumem. ff Borrowec fa��y li;�pay the+e ,um�prior t��1Y,u rxpiration uf tbi. peri�xl. l.ender�nav invoke an� : . �:' .,.
<br />.�;�'�,;. L• . . remedieti pemiitted by this 5ecurity Ir,�tt��iicent«ithuut furtheru��tic4 erdemand an�orrower. . , �,; . �';1;';':
<br />. � ; • � 18. Borrower's RigJ't!to RelnstaTe. If Battu��•er mcet�cert::+.� conditinm. B�m��acr+ha11 have thc right ro ha•,u �,1'.�,_ ..,•�t.'.�i`,,:
<br /> ' ;'E;,:. •• enivrcemen�uf thic Sccuri'ty Imtrument di�cuntinucd a�any�imc prior to thr ca�itcrof: lai S day.lur�uctt+�itaer peruxl a� �;y;�. . �x;
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