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<br /> ' - . L1 ia e+�e+it ot a tol�1 aki�(�f�1Me'Peapd�ty.lbe proaeed�dialt 6e�piied b We�fs�p.roRd�bq�S SeC�en�Y . ,
<br /> �_ ` � I�M�e�t.w6e�er or tat Thoa d�.*►i�h asy exa��t4 Ha�mwa. ta the event a[a p�tial aknna of t6e Ropaty n '
<br /> �rbicTt t6e fair mrt�t v�of die Prnpetty.imaedi�lely 6e[a�s Ifie t�i�R is eqa�l to ar pe�ei ttm the unow�t of d�c swns
<br /> � - �ewnea by,d�searuy ro�,.ae�c�a�e�ty eetoce t6e ni�,n�.a�cm�es�na r.�d�w6etw,se�ee ge..v�u�
<br /> uie wme.e�nea b�t5i�Sen�iap buaomare shRU 6e rea�oea e�►tl�e s�unc of t�e pto«ea:raukiplied by the[oilo�loa ..
<br /> � •. fracfioo: (�the toai amowtt of tbe sums aec�ed irmnidiaeely beFore tbe pkin�,�vided by(b)tbe fair market value af the �
<br /> _ •A+ope�ty_�el�e bdat�hc Wcias. Aag b�l�noe�hai�be paid#Q Ban�ra. Ia t6e tvent af a�ctiat Wdng uf ihc. --
<br /> . � ' i�opaty m wfiich tba fiir m�ket valne of tbe Hopetty�m�edi�tely 6efore the tsi�iutg is kss tbae the amoaot of the swos _
<br /> sec�ed immedi�ety befae tbe-tati�.unlas Bormwer aad Leader oWawise agtce in wtiting a unkss applicable la�
<br /> _-.__---�pu.iae�. — -si��;�iadtcs-f��r,��.-�ai�t-�ig=l�".�t��tl:cs�sms�=----=-___�-_
<br /> If�a An�ty js�odoad by Bormwu.or if,after natice byt L�ender to Bor�wer dnt the�r otfets to m�lce
<br /> ao awaN or xak a claim for da�nages,Baerowes fa�ails to reapond w Lender widan 30 drys�fter tbe d�te the notic�is givae,
<br /> ` l.ender u au�horiaed to cdlect a�d apply ibe pmoeads.at irs apt�ao.e3tber w restasatiaa a tepair of d�a.Pmpetty or to t6e
<br /> sua�xc�ed by dris Scn�city 1nsu�unmt.wl�aber ormt thm dac.
<br /> � ' Uale:s l�eader aod Baaowa otixrwise ag�nee in wtiting«aay spplication of pmccods.to principa!shall not extend or .
<br /> paNpooe tbe due daoe of We awnNY P�Y�nefemed to in gangnphs 1 and 2 or ctung�ti�e amouat of such PaYmenta
<br /> ' 11. �amdwer'Net Rek�e�; Fac6eara�oe Q� l�dec Not a Waiver. Extension of U►e time for paya�ent.a ,
<br /> a4odific�tion of a�o�oo of t6e surn�secuted by this Sectvity TnsamtKnt gr�nted by Leader to any sucxessot in i�tet�est •
<br /> - -- � af Bcaorer st�lE�aat aperste to.tetast ti�t liahllity of d�e origina4 Born�:vet or Barraaer�s�oessors in intesesl.l.atd� —
<br /> sb�1l not he tequind to�pmcadings against any suxtssor ia intetest oi cefusc w�xtead timG.fot�aymeat:or-�
<br /> ot6etwise modify arnatiz�tioa af the swns secar�cd by this Senuiry Ias�ment by reason of any demaad mada b�►tbe O�g�
<br /> Banawsr a Bamwer'�suoce�sas in�est. My forbcaranoe by Lenckr in eaercisia8�T�8�a�1'��r�`be a
<br /> warnrof ar pexlude the exeteise of my rig6t or nemedy.: �,<;^:-.•`�,.
<br /> _ 12 Srcearors�A�BoY�d;./aiat asd Seversl�,iability;C.o-�ers. 1he coveaaats�ac��:of�is ,
<br /> Sscvriry I�sunatxnt st�aU bind aud benefit thd�stiooessors and assigns of Lender and Bamwer;sabjurt;ta�:i�' ��aiswns of
<br /> pa�graph 17.Bartowa's covenants aad a�nis shaU 6e joint arW several.Any Bormwer.abid,c!��'s•�this�,SecudtY
<br /> . � Inu�ument but cloas twt execute ttie Note: (a)is co-sigrting this Security L�sbument only to mortgage,grant and convey that
<br /> • . Horrawer's interest in the Property under Qie tera�s of this Security Inctmme� (bl is not petsonally obfig•rted to pay t}�smns
<br /> secured by this Sec�uity Insdumen�and(c)agre�that Lender and any otfier Barower may agree to extend.modify,farbear
<br /> . or matce any acoommodations wit!► regud to ifie tcrms of this Seciuity Inswment or the Note without tbat Borrowu's ,
<br /> consen� , .
<br /> 13, t,o�n C6u�. if the loan secuned 6y this Security Inswmct�'i►s subject to a law which sets ma�cimuen la�n ,.-
<br /> cl�uges,and that taw is finaliy interpnetod so that ti�e intenest er other toanut`�r8es collected or to be collected in copngcdon
<br /> witl�the ban eacoed the permin�d Wnits,then: (a)any sua�i[n�rt charge shall be reduoed;6y the amount nesessary tti e�ejiqoe
<br /> ----s . theei�e to th4 pem�itted limi��xt(b)any sums alneaiy.finth3bted from Borrower which Cxceeded pertniued limasr�i"�be
<br /> � :efurded to Borrower. Lender may ehoose to malce this�efuird.by reducing the principal owed undcr the Nate or by c��g a
<br /> Ai�ct payment to Bort+ower. If a refond reduo�s principal.the reduction will be treated sis a panial pnepayment widt'aut any _
<br /> piepayment charge under the Note,• ` :.. =
<br /> '. " �•34. Notkes. My noGce N-�Bormwer provided for nii�.his Security (nsuumem shul4�ba given by delivering it:or b�
<br /> niai"Irirg it by fitst class msul anless applicabte taw requires us�o�nnother methad.The natiaeshal!be directed to ttre Ptuperiy �;"'-
<br /> Addiess or any other address Bo�rower designates by notice t��I.ender. Any notice tu Lendar shall 6e given by first ctass "'•s__,-,
<br /> mail to Lender's address stated herein or any other address Lender designates by notice to Bmrower. Any�otice provided for r `n� -
<br /> -- in this Security Ic..�ment sha11 be deemed to have been given to Borrower or Lender when given as provided in this 1,�-`:�':-"
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<br /> •— 15. Governntg�Law;Severa6ility. 7'his Securiry Instn�ment shalt be govemed by federal law and the law of the .;�-
<br /> =-- jurisdiction in which the Prope�ty is located. !n the event that at►X provision or dause of this Securiry Instrument or the Note ;';;�'�"`�-
<br /> -- conflicts with applicabte law.such conflict shall not affect other provisions of this Security Instrument or the Note which can �==•�;�;�x•
<br /> '�`�`^" !se given effect without the conflKting�+rovicion. To ibi+end tfie provisions of this Secarity Instr�ment and the Note are � "
<br />_ _.�.:� -
<br /> ='"`'�� declared to be severable. '•
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<br />---_�r._,�;t 16. Borrower s Copy. Borrower shall if��iven ane confortned copy of the Note and of this Security�instrumen� ' �
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<br />-:�.E���; 17. 'Ilraasfer of the ProperaJ.vr a BeneftCial lnterest rat Borrovrer. If all ar any pari of the Rnperty or any interest in
<br /> �: it is sntd or transfeaed(or if a Lertaficial interest in Boacx�;�:P is sald or transferred:utd Borrower is not a natural person) e."
<br /> �,�'1�� withoua l.ender�prior written coi(sent.Lender may,at its option.require immcdiatc payment in full of all sums secu�d by � +�;i;:_
<br /> this Security lnsuument. However.this option shall not be exercised by I.ender if exercice is prohibited by federal law ac of ;�,:,
<br /> ti�e date of this Sec�.cr�.y lnstrument. �
<br /> W • �' If Lender eaescises this opGon.Lender xhall give Borrower notice of acceleratinn. The notice shall provide a period of
<br />__''Sxi''.' � . .
<br />;;:r_;_;� not le�ihan 30 da�•s fram the date the notice is dclivered or mailed within which Borroaer mu.t pay all sums secumd by this � r . .
<br />' �•' Secccn:cy'Mstrument. If Barro���.t fails to pay these sums pdor to the expiration of�t�iti period.Lender may invoke atry �
<br /> �' reir.e�ies permitied by this Sec�rcy�lnstnrment without funher notice or demand on Borco•�et. � ,� . +�.+`
<br /> i8. Borrower's Right tn�Reinstate. lf Borrower mects rertain conditions, Barrauer�hall ha��e the right to have � . '�{
<br /> ''. enforcement of this 5ecurity instrumem diswntinucd at su�y time prior to thc cadier of: (a►,5�i:sys(ar.svch other period as ! �.
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