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<br /> , ..�irpts w4 io ioi�r be mqri�ed,at tY optioR�olt.etler.itqio�twe�Oe cor�a�a(i�IY�ort�i�i is�wlM � �
<br /> � �:.`i�t I� *Ml�l�i�a)P�rL�11q►�i iiw��+r�iad b�r.�.adar+�r ii�uo�av�ikibM�i�eMl�iyi.�ei�sMr i��r' . .<
<br /> , t�e p�ea�irwr t�i[ei 1a1�i�aorqi/c�M�w�oe�e�t.or b Noriie a loM�c�►e.���e�iNi�eit b't riiiei� � �
<br /> . iawrioae a+d�ia.�oaoi���ny�riilldn�eeeo�aat bet+w�s 1oaa+r�r ad I�esAet a �a�r. ° � .
<br /> �.. !.°�l.eoder a ia a�ea�.a�qr m�te:ioro+rik eeeeiea r�pm ad ie�aioa�ot tY�trape�tY•Idder�u�e '
<br /> � Horro�er eatke�t tbe tia�t of or prior eo m inpqctiou�pedhh�reroa�bk awe for tie ie�pectku. '
<br /> . 'I!.C�iailwriiM.'[be pocaeds of.any,aa�d at d�ru for d�es,d�teot ar a�e�qqreodrl. ie ocqoe�iioa rrilb.�j► � �
<br /> _ :,.�oon�i�oc ctber�ktn�of aay�p�rt af ihe Prnpaty.�r tor coev��eoe is liar doa�deme�tloo.are�ab6�r�ned�d .:� _ .
<br /> slpII 6e p�W io I�det: � � ` . � � '
<br /> In Wt Cveat of�taql hkie�'of the�o�e�ty.We pooeedt sdil be�piied to drc Niws�vaued BY d�is Seariry Lrt�rtrit. `.
<br /> wfiet�er a mt thm due.�viW aay exae�s�id so�eo�rer.In tha aveat of a f+�etid t�ioi 4�'the Peope�Y in Mhi�3 t6e-bir:.--=—=-__
<br /> AII[�!t V�IYC Of ibe Prop![t�t III�Od�y 5lfo[C d1e,�t1�i1 OLjll�b Cf jtC�Ct 1tiR 1�G amCrO!��i11Q1{!OL'�d b��a . -
<br /> SOCAI[!�y�t[m0lOE 1�IlD��0[E$IC L}�.OO�C'li HORG�Yli�I�.!'�dC'[O�l1PllC!�[OG��VI1dOjs t�1C 1rU�fOC�lOd�t
<br /> tbis Seauiry Imtnnneae sMU tie neduct+d by d,e amouoc of�the pno�ed�mWtiWiad h!► die fouo�ries feaaion.h)tbe toW �.
<br /> aawuet of uk�s�ro�;,mieai�Wy 6�one�be t�,mY,aea by roi�i6e r�ir.�hane of m�revp�at�►�medi�d�► , �
<br /> ' 6efo�We taltio�. My b�iance sloll be pid tn Ho�m�er. Ie tbe eve�of a p�Ttiai 4Tcit�of the Pt�oparty in'�icb t6e fair
<br /> tmrket valr�af t6a L�OpatY inrmedi�trl�►6efae the hting is kss th�d��aaat of thc aams�.vred inomedi�idy 6afae t6e•.
<br /> t�ciaa.t�udess Borm�rer aod�ender od�anvise sgree in�rritiea or 4nieas applicabk 4w other�vise p�ovides.tbe p�oi.�eeai,�lqil
<br /> , be sppliod to th�sua�s aeatrod by this Saurity Ir�uumenc wrhaha a mt t6e s�m dm due, ` °
<br /> • If the Prop�atyis ab�adoned by Bamwer,or if,atter notioe by Lender w Hormrver th�t the coodaanor o8'era to m�tce aa
<br /> �xacd or aettla s ct�im for dunages,Barowa fails to trs�ond to I.es�dei•witl�in 3U days atter ihe d�te dje aotice LS Eivea. .
<br /> L+eoder is aitho�ined tu coliect ud sppty tbe pmomds.at rts upt�on,eitMer w restoe�iaon ae�air of t6e Pmprety ar to the suqns •, .
<br /> • secuaed�by this Senuiry Insuummt,vrha�x a not shm due:
<br /> Unkss l.ender,�nd Bocmwer�thawise agree in writidg, any appl�c�tioit of ptoc�aeds w priociprt ah�U not ex0aid or
<br /> . P�P��due date of tLe montHt�r�Ymmts refened to in prngr�hs 1 and 2 or cl�ge the�mouat'of such paymeo�s.
<br /> . Il.Bor►�owee Not Rek�e;�•F4rbear�oe By L'eedQ Not i Wairer..Extemion of We time for paymcnt or modi�ip�ap
<br /> of amortintion af ibe sums��by tt�is 5opuritY I�wm�t Srm�ted bY Lender w aay suooessor in iatC!eat of Bor�ower�hdl
<br /> na aperate to�the tiah�of the originat Borrower or Borrower's sucassors in Inoere,u:l.ender'aball�not 6e toquired w
<br /> � , ao�e pm�ad�s agaiast aay sucassor ia intenst or afuse ct+extad time for payujau or otlrerwis�modify amoetimian
<br /> of a!6�e smns s�o�by this'Sewrity Iaunmpent by reason of any denoand made by the orlginal Borruwer or Bos+ower's
<br /> sueoessors in"�.Airy foc6earu�e by�er in exercising any righ[�or remedy shall not be a waiver of or prectude the �•.
<br /> • exe�cise of u�y rn�'or ranedy. . ' ..
<br /> I2. S�deg aud A.�Bound;Joint aod Sever�l Lisbilit�;C�nas.The oovenantt wd agi+eemcnts of this ..
<br /> --- Securigr In�tn�ment shall bind and 6enefit_the succe.csor.s.and assigng of fxtrder aad Basinwer, subject�tha gtn3sia�s of "�.'
<br /> para�ph 17. Horrower's a+��nts and agreements shall be joint and sevet�al. A��8orrower who•co-signs t�s Secur�ty -
<br /> . Instiument but does not exe�t��e Notes ta)is co-sigaing this Socurity L�cument only to mortgag�.gzant and oonvey tl�at ,
<br /> Bomnwer's interest iu the Propeziy msdei t�e ff�ms of this Sewrity Ins�r�ient;(b)is not persomally obligatod w pay the sumg
<br /> sxund by this Security Insuament;anQ(c�a�ves that Lender and any ot��Borruwer may agree to extend.modify,forbear or
<br /> malce any aoeammodations wee!►cegac+d to t'.�,terms of this Security Insuument or the Note without that Borrower's conseot.
<br /> 13.Loan Chp�ges.If'tFsx n-aan secured�Sy this Security 1�,trument is subject to a law which sets maximum loaa charges,
<br /> and that!aw is finally inrerpre2�3 so that t:�e�interest or other ioan cha.*�,-�zs wltected or to be coliected in com�ection with the
<br /> loan excad the pem�itted limixs,then: (a)a.�<sach loan chargc shall i�:��aduced by the amount�cary to reduce the charge
<br /> to the permitted limit:and(b)any sums alreai`y�collected from Borrowec w�fiich exceeded permitted limits wip be refundod to
<br /> Borrower: Lender may choas�n� make this refund by'reducing the principal owed under the Note or by mai�n�'a direct ' .,•
<br /> �S�ent w Borrower. If a �d�reduc� principal, tE:: reduction will be treated as a partial prepayment ���at atr�
<br /> �s�raymd�t teliarEe under the hatr. ' ' .
<br /> , 14.NMices.Any notice to Borrower�nac.��for in this Security Instrument st�lt 4�given by delivering it or 6y mailin�r'�•
<br /> , it by first ctass mai!unless applicable law ra�r¢�use of another method_�e notice sF.a:11 6e dirc�cri�to the Property Address, .: . �
<br /> or any otl�er address Borrower designates G^+y,;vtice ta Lender. Any naticc to Lendes shall be g��.�by first c!�ss mail to •' �
<br /> ' Lender's address stated herein or atry ather aiddress Lender designates by notice�to Bciirru�-�rer. Anq notice providr�i,i�r in this
<br /> . .. Sa�dry lnstrumettt shaft be deeo��ed to have fxen given to Borrower or Le�dei when given:u provided in this parsg�:'s�[�,, •
<br /> . 15.Covsrniug Lttw; Skveqtbiltty. 'g'I�i� Security lnsirument sha13•.be governed by federal law and the� �';�-srt.r,��Ise'�; ':
<br /> _, judsdiction in w!►ic�the Pcoperty is IoCati�d.In the event that any pro�i�ii.n or clause of this Security Instrumerct u�i$ia"-w�ti: ' •`
<br /> , conflicts with applicable law.such canflict shall not affect other provisions of this Security Instrumeni or the Note�l:�:�z�,:l:�e .' �
<br /> gives►effect without the oonfli�xing provision..To this end thc provisions of this Security In,trument and the Note:�^�e declared R
<br /> to be severable. •
<br /> lf.Borro�ra's Copy.Borrower shall be given one conformed cnpy of the Note and uf this 5�ecur%x�Fnscrument.
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<br /> . Form 30Z8 9l90 --
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