|
_
<br /> , - - . - - �ry�m.
<br /> . .. , . �` ,�_< < . � ��- u�ss . • ; 4. .
<br /> i� .'� ooadaao�tion cs ad�r a�kit�oEb�r p�t orthe Pmpercy.ar ta�cn,r�r,noe uaLLea af�ad�io�ae 5aeby w+pied�na :
<br /> , alnii 6e p�id to L.e�der. � ` ' ,
<br /> �n tre,eveat af a�oqi akiog of tl�e Ptupe,�ty.t6e piooeeds �M116e applied't�t1r�aums,sec�tzeQt b�►diis Secui�! .
<br /> tam+an�mt.wrhe�er or not thm due.wid�asy.exass Qaid to Barywer In tl�creat of a petitil hiring of the Ptoperty in .
<br />. a�hich tbe�a�loet vaUie of tbe Pirope�ty�ly befae she pkIng Ls,equal w a g�eater t6an ti�e a�na�t Qf tbe�ewm
<br /> aacu�ed by �s Seauity L�str�anait immediue�Y befone the saking,tulkss Sotrnwer ard l,ea8er otl�ecwise�in�eriting. _
<br /> �a smns aecuKd by this Se�viity,L�tr�tna�t shall 6e�+educed by the amQUnt af the proaeds multipiied by tbe fdtowiag
<br /> ` � frsction: (a)die taW�unoupt of 3be swns secuned immediateiy 6efore the tatdng,divided by'(b)tbe fair muket value of d�e
<br /> _' ' . Pt�aperty immediateIy befare the t�Itiog:`Any baiaace s2��ll be paid w Barower ld the event�of s putial qlting of tite
<br />� ' Pkopetty in which the fair muket value bf the Plroperty immediattly beYo��tba tating is kss thur tlse amamt af tjx�sua�
<br /> i • xcmod immedlately befae tbe taldng.unkss Boaowa aad ixnder othecwise agree in writing'or aakss applicabk lxw
<br /> � tb�doe P�id��s.�e pioceeds shall be applied to the smns sec�rced by ttis Security tnstrument whetl�er or not the sums a�e
<br /> 1 �
<br /> � � If the Fiope�ty u ab�odaoed by Bomower.or i�after potioe by I.ender w Bomow�r thst thc condemnor o�eis to mai�
<br /> . ao awaM a aatie a c1�im far dam�ges,Baiower fails[o nspond to Lender within 30 days after the date tbe notioe is giva�,
<br /> I.ender ls wthari7�od to coUect aad apply tbe p�oceed.�,at its aQtia�.either to restaatiou a�ir of tbe Aopaty or w We
<br /> ataas sawted by this Security lnstnnnent,whetber or tat then due.
<br /> Unks.s Leader uid Horrower otl�emise ag�ee fin writing,aay applicatioa of proceeds ta.principal shall aot extsnd�.,:,,
<br /> . postpone the due date of tbe montWF l�a�aenu iefemed w in pazagraphs�end 2 or change.��mount of such payments.:•;-��=��`',.' . " .,.
<br /> il. Baezower Not Rdeaeed;�-Fiebaraoce By Lader Not • Waiver.� F,.xt�.o�tUe time for paymen�_`+a�`:;.��, :
<br /> T110dI(�CAti�Q o�ACt10RiZ3tldit of ihC St,.`?�il5`�tCtltL'Q by d1IS SECfulty tn�_mM+r�.�'j,�'�;�r tp�[I�1 SIYCC�SSQ[jD�jn(�i�,' -
<br /> of Barower shAll no�.�to let�;�e��?ray.of the origiaal Boirower;i�8i�irrswet's sucoessors in interest.Lelider --
<br /> - � �- -s5�lTnot lie nquisecta�.��'?z�?gaznst aay:s�ssor ia inte�sst���efase to eiifmd time for gaymeen�
<br /> od�erwise modify aa�wr�ioq of thcs�s"seCUnd hy this Sectuity Tnsirument 4Y�����J,dEmand Tm�ie by the aigqiaS;,_ . ".
<br /> Boimwa or Bormwec's s�icxessors ui�nteiest Any forbearaoee by Lendet ia e��.�a�g6t or remedy shall not�it�;;':
<br /> w�iver of or preclude tbe exe�ise of�y right or zsmedy ` ' ' � ' - � !`
<br /> ' , lL.S�c��aes a�d A.�eips Bomd;Joiot a�d Sevaal ILbility,Co�a�s.�.�co�te?iaats aod,agi�i�of this
<br /> � Sxurity Ia�pnunent s1w11 bind ud 6enefit.the sa�cces.gors and ascigns of I.eader.;arid:�wex:subjecE tv:i3��+ovisionc of ,
<br /> p�uagaph 17.Bomuwer§covenants and agcaments shall be joint and severaf<A�y B'air�r wDo ca�gf�'�his Securtty . .
<br /> Insuument 6u�does not execute tve 1�e: (a)�S co-signing ttis Security Insmrmt�c a�al�i'�ii�a�tgage,8raat aad carvey that .
<br /> . Botnowa3.interest in the Fivpertyr�is ttk temu of tt►is Socurity ira�ument; (b)is t���i``.at1y ablig�ted w pay the sumc ,
<br /> secamed by tbis Secnrity Insttume�an�i(c)ag�es tbat l.ender and any other Bom�wei may agree to extend,modify,forbear
<br /> or m�lce any acconunadations with ngard to the temts of this Security Inswment or�tLe Note wiWoax�at Bormwer�
<br /> cansen� .
<br /> 13. Lo�n'Chae�es. If the toan secured by this Security Instrument is subject to a.4aw which s�'ma�timum�t
<br /> charges,and ihat 1aa�s finally interpie�!so that the inFerest or other loan c6arges collected�r in be collec�ed In conm��.
<br /> with the Ioan exceed the permitted 1uai5�.theen: (a)any such loan cha�ge shaU 6e reduced isy:��amnunt neor,s.�uy ro�i�,'�,
<br /> the chuge to the pertniued limi�an�(b)any sums alr+eady collected fmm Borrower which exoa�c3ed per�ctad timits v,rs`�be
<br /> • mfi�nded to Barower. Lender may claose to mak.t3eis refund by ceducing the principal owat u�ider the Note or by matc�g a
<br /> ;, direct psyment to Bo�rower. If a refund reduces�cipal.the reduction wil!be mazed as a Fartiai pctPaYment without any
<br /> . . P�Y�nt charge under the Note. -. '':�,
<br /> 14. Notfces. My notiee to Sr�awer provided for in this�ecurlcy Instrument shaii be•gSvea by delivering it,orL-��
<br /> . mailing it by fitst class mail unless appticable law requires use of a.iother method.The notice shall be directed to the Propeity
<br /> Addnss or any other address Borrower designates by nodce to Lendec My nodce to l,ender shall be given by first ctass
<br /> mailto Lenderls address stated herein or any other address Lender designates by notice to Borrawer. Any notice provided for
<br /> in this Security Instrument shall 6e deemed to have been given to Borrower or Lender when giyen as provided in thls
<br /> ' �veming Law;Seve�iity. This Securiry lnstrument shall be govemed by federal law and the law of the
<br /> jurisdiction in which the Properry is Located. In the event that any provision or clau.se of this 5ecurity Instmment ar the Nate
<br /> � conflicts with appticable taw.such cont7ict shall not affect other provisions of this Sec�rity instrument•or the Note which can
<br /> • be given effect withoue the wnflicting provision. To this end the provisions ef this Security lnstrument and�he Note aze
<br /> deciared to be severable-
<br /> ' 16. Borrower's Copyt $cm3Grea shall be given one confar�s�ropy of the Note and of this Security tnstrument. �
<br /> 17. 7�amfer ott6e Propenty�or�,Beneltdal lnterest in Bmraoaer. lf all ar any paa aEr.�e Pauperty or any inttrest in •
<br /> it is sold or uansfernd(or'iS a be.,-+e�f`c�al interest in Borrower is sotd or transferred and�..*,cr,a���r.r 1��t a natural person)
<br /> without Lender's pria�rt*�n consent,Lender may,at its option,require imm.�.ate paymer.i i�f:.°1�aIl sums secured by
<br />: tttis Security InswmtYa� 3�owever,this option shall not be exercised by Lende-�ti exercise is prohibited by federal law av ot
<br /> the date of this Securi���n'strument. ,
<br /> tf Lepder exercise�t�:is opfion.Lender sh�ll give Borrower notice of acceleration. The�aiice shaU provide a period of
<br /> not less�3Q days fr�thada'.�drot motice is detivered or mAited within which Boaower cr,u�pay all sums secured by this
<br /> Security�strumen� #S�rrowrr f�iis to pay these snms pri�r to the expiration of this�;cd, Lender may invoke any
<br /> remedies pcttnitted bf c0�us Securiry Lrstrument without further notice or demand on Borrower. • ' .
<br /> ' , ' . 1& $orrower's Rght to Reinsfate. If Horrower meets certain canditions, Borrower shall hav�Eir,e•�right to have
<br /> � , enfo�ement of this�rry lnstrument discontinued at any time prior to the,e;rlier of: (a)5 days(or s�r:�"oth�r period as
<br /> , . ��51ngk Fac�iEy-i'a�de Mu1�reNk Mac IINIFO�t!N��'F'�C'�dr�iT--Urtifam Covenanu � (pade�of6 pngeal
<br /> , � � .
<br /> �.I: �,., ; , .
<br />
|