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. __-_. . ` . .. - __ `( __ _� _ -_ - ' _-- - ._ "-C . ..��,��_ _ '�� " ' ._- _ ___-__'_", . . ��1��I�CO�tW�Q��'�f0[f�1�OGO�1IEfi�6fW1�C��fOC�O'� . . `II�t t,wda �aqriers)�p�r�ided b�►a,ie�r�p�+red 1h►t��ia beoo�es ara�'Isbk ad is dif�ieei:Dbt�+c s4rY��D► � � ; tl�p�i��s nq�irad;b w�i�i�a�0l1�C iwr�oe�diect.ct b.peoltide a b!t neiecrE.'l�tit ttie rOqrira�Ce�fof�a1� . . iew��ae eadt i�aa+oid��oe�rid�aiy wniqtn�ee�eat betwees Hore�a�+Met od Ia�der ar�ppiiea6k�t. ` � . , , � . !.L�RUi■.l4�der or its at�eo�i�y m�reawinbie eetria upon�od i�pertioos o[tie PropMy.t.a�des s1�1 p+re l�xt�er sotioe aE��me af ar pti�W ai i�ion�n+MOO�ble t�u�e for tbe irnpeaioa. ' . � �. ' . � ' 11�CMi�.'!�e pocaeds of any a�v�d or ct�im tar d�ea.diiact or coa�equeonal in pooaectioQ�vitb rty , 000dc�l�tiaa ar cMl�dcioj of�ty pet of t6e,t'rape�ty,or fo�.ooavepaooe ia lies Qf 000demnrtion,are beteby�ssip�ed�ed, ` . �!!be p�qi to I�end�e� � . _. . _ , . � ' In the eveat of a tatai tiint�.of tbe PiopatY,tbe procaeds aMil tie�ppl.;ed to t4e saea�secuced by tbis Sec�uitq L�aumeat+ . �riielYv or not dfen dae,�vich any:e�ss p�id m Bormws�.In the avmt of a patial qtiag nf ibe Prope�ty in wLich tbe fiir m�d�et value uf the Prupe�ty imma�di�elY befae We nkfu�is eqasl to or g�a�et th�n the aaionot of the a�seauod by this Seweit9 Irott�meat immedi�td�r 6�efooe die talda�,oniess Banow�er aod I.etrder atbenvise a�ee#n�rritiog,the aamn sa�eed.by ti�s Sea�rity ImRtatoa�t sL�U be iedooed by dn amouot of the�ameds awl6plied by the fdlowing fi�ctioe: (a)the total . �maud of the sums€�umd itmmedistely befo�tl�e taido�.divided bY N)tLe�ir nsulcet vaiue of t6e PmQettg irtuned�stdY befaa the�.My hdaaoe sh�U be prpd to Horr�xa. Ia t6e eveat af a pa�tial nking d tbe F�opesty in wfiicb tho fair n�tYet value of d�e 1t�opea�ty�mediaioely befat tbe tatpng is tesx tlyn tbe,amoant of the sau�sanmed immediuely befone the t�ido6..�Bamwrea�d t�e�der othetwise�de in wdting or ade.ss applicabte iaw uthetwise provides.ibe pmo�eeds sh�ll ' be spplied to We`sua�s secutSd bY this Savrity Iastrumeot wMba a not tho sums uie tt�en due. � 1f tbe Pcopetty�is�baodoned ly Bamwer.or if.after notice by I,euder to Bormwer that the coademnor offtrs to make aa ._. _a�r8d or setde a:cl�m fos�. Nortower fa7s W�and ro Iender wiWin 30 days after dPe d�te tbe notioe is givea, Lader as authotized to aoD�ot and apply.the pruaeads.at its optioo.either to restoratiar or np�ur of the P�uperty or to�he sums . . . secutrd by thfs�S�9�tn�meot�wt�ther or not tha►dne. • Unkss Leoder aod Borrower otber+�ise a�ree in wri6eg,�nY �PP�ication of pooceds to primipal sUall aot taitead or pbstppie tt�e due d�te of tbe maxhly ptymentc nferied to in par�nphc 1 and 2 ur d�aoge ibe adwunt of sw�p�aymeats. 11.�onv�wa Not tEde�ed;Faebearaeee Esr I.eatkr Net a�'Ystver.Exteasiou of the dme for paymeat or modifrwtioa of amo�on of tbi sw1�s seatred by this Soauiry Instnunamtgranted by 1.rnder to aay successor in intec�st of Borrower shaU ��ae vpeeate to�elase ihe li�b�'liry of tbe origin�l Borrnwer or•Horrower's sacaessocs in iataest.l�der sball mt be t+e�uizrd tu �u�oe Pnoc'eadings against atry s.tooessor in ente�st or refase w exttM time for payment or ot6etwise awdify amoRization , of the sums savnd�y this Saurity Itutnaneat by ce�n of aay dtasand mad�e by tbe originai Bamnwer or Bormwer's suooe.ssors in inte�st.Any forbearaace by Leoder in�ei�ig arty right or nmdy•shall not be a�rraiver of or.prectade the eae�ise of aay rig6t or r�nady. It. Saoo�ors a�d �ssipn Bwed:Joiat aai!5eraal Liab�lity,CA-si�ae�s. 11�e coveaants and agroe�ts of this Seauity G�suumeat sl�ll biM and beaefit the s�coessors and assigns of I.aid�er and Borrower, sabject to the provisions of p�ngn�ph 17. Bormwer's oovannts and agreements s1w11 be joint ard•several. My Borrower who co-signs this Sesucity tnstrumem but does na exuute.the Note: (a)is co-signing this Saa�riry Insmiu�ent only to mortgage,grant as�d aouvey,tLat Bortower's interest ia she Praperty emder the teri�s of this Security Instnsmcnt;(b)is aoi petsamlly ohligated to pa3:ttre�snnss sxarrd by this Security Instnimcnt;and(c?agrees that Lender and any other Borrower may agree to aetend.modify.forbear or make any acoommodations witb regard w the terms of this Securiry Inst�ument or the Note witlaut that Borrower's consem. 13.Lo�n Chu�es.If the loan secured by this Secuaty Instrument is subjett to a law whicb sets ma�timum loan cl�atges. and,tLat�law is finally it�terpretad so that the interest or other loan charges collected or to be collected in connoction with the loan,exaead the pennitted limits,then: (a)any such loan chae�e�e sirall be reduced by the amoum nooessary ta redace the charge � to tha�pertrriited limit;and(b)any,sums aIrrady colleccal.Erom Sc�rrower which eaceeded pemuttod limiu wi0 be refu�ed to Borrower. I.ender may chaose to make this refund by reducing the principal owed nnder the Note or by m�icing a dicxt payment to Borrawer. If a refund reduces principal..th� reduction will be treated as a parrial prcpaymrnt without anY pisepayment charge under the Note. .. 14.Notiiees.Arty notice to�'orrawer pmvided for in tins Security Instrument sh�ll lx given by delivering it or by mailing it by flrst ctass mail untess apptic�abte laa�requires nse of another method.The notice sh:ili'be dirocted to the Property Addras or any other addreFS Borrower designates by notice to i.ender. Any notice to Lender sha11 be given by first class mail to Lender's address�ated herein or any other a�fifess Lender designates by notice to Banower. Any notice providod for in this Securiry Instrument shall be deemed to have Ge�?pven to Borrower or Lcnder when given as provided in this paragraph. 1S.Goven�io� I.aw; Sevetability. Th9s Security /nstrument shall be govemed �iy fedeia! Iaw and the !aw of the • jurisdiction in whidt the Property is located.In the evene that any provision or clause�ti c'�is Security instrument os the Note oanflicts with applicable law.such oonflict shai�rot affect other provisions of this Securi.y�strur,u�s�.��,tha Notie u�fiich«�nn be given effect witlaur t:�e conflicting provisian.To tl�is cnd the provisions of this Security Insw::ier.t ai�•the Note arb declared to be severable. � . .- 15.Borr+owe'r's�Copy.Bcm�wer shall be given one casf'�:sm�ad copy of the Note a�;��f this Security lnsttument� ; � � • . , � Fan�.301S 8/90 • � ' ' v.ye a or s ,