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<br /> . �Mit&�p.w1 a t.ead fr. , „ �• , , .
<br /> ' ` ls ie ame d a taai:t�iof�ot the Ptnpe�ty:.t1�t pnxeeds�aD bc apptied ta�d�e aums socu�ed by�this So�wuy -
<br /> .Liileweeet.w�ar br not ti�u due,�ivifh any eaoas p�id w Bamxer. Ia th�event of a pedv t�ciej af d�e Ptepeety in
<br /> ., w6i4�We Lir ei�ri��a vaLe of Ibe Fiopecty n�dg befat�e the ta13r�it equal to or p�a`et tlprl the�of We qmos
<br /> secited hy tl�SepriEy Jaq�meat imtnodi�reIy befae d�e pting.unksc Bamn+�ra aod Lender atbawisa s�ee ia writiaa. . '
<br /> - : -_ =�he mnaasapeare�!�_t�Soa�y=�sl+al�6e�sdaoedbg#ia arna�unt r►�the pt+ocee��by tbe folk►ar�g- . ----
<br /> - �tioq: (�)Ihe totd an��f��s�ec�u�ed.immedi�oely befae dle(Qcieg,divide�byr(b)the fiir m�¢i�et v�iue of tbe
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<br /> � p10�[�jl,!�W�pC�I f�1E�A1f tlf�E[Y�tIG Of�IG.P[OQL'[C�mYOldli[t�►[fG�dIC t11C.q�IS�CSS 111i11(�1C a1D0Ud[Of(�IE Sf�1S
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<br /> O�jl[OY�CS.IbE�GI:EOdf�li�l�1C��W�}1G iD1IRS SlI:UIl��/1�11lt$CCillllyl lItSUUi11C11t\Y}ICI�ICf Of ti0t i11C 511/IIS�(E '
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<br /> • �1�IC PtOpElty�S�q1G�D�t a0l1Yl�YCfs OF l�s iflCt(10lICC I1�t j.Cll�[AZ SQ�fSYCC tI1�L ZTfC L�Of1dCID�lOf OffClS t0 IDitQ
<br /> �YIP�C[l��l."a CW�l1 fOt�BOROWCf fifl3.j0�t0 I.CpdCi WL�3O.fIiyS iltEf t5E A1tC tbC aqt10C 1S$�Vq1, .
<br /> t.e�+dec is atihdri�d co colkc[aod appiy the ptnceod4;u its optjoo,eit}�er to nstoauion a iepair of tlee Pmpeny or w the
<br /> . ,..aanis�ec�ad by tbis Srpmity I�uant,whed�er rx qot fhen dae. � .
<br /> - ' ;:. �Leo3er aod.�oYmwer aherwise aEsee i�►.`R�ritin8,aaY aPPlicatioa of p�ocads w piocigal s6aU aot cxtend or
<br /> ,`:`�:;°�ou�oe�l�t due d�e o�'tbe monthly payrneats nferradto in pa�ragaphs 1 and 2 ord�ange the tinamt of such paymea�.
<br /> �#;.���t�+o�wer NaR Rde�se8: Farbnraoe E�I.e�dee Not � Wst�er. F.actensiaa of tbe tirue for payme�x ar ,
<br /> �mo�6plXipo of wjort¢atiaet of ihe sartts secotod.by t`ns�ecurit�I�strumeas�nud by Lendet w any successar i�int�est.
<br /> �Bar:oviiiet shaU not nperate to itekase tbe liablliiy of ihe origina►Bomnwr,:or Bomnw.r's suctessars in inutest.I.erxper
<br /> shW t►ot Qe ited b oommence paceedings igainst any st�ccessor ia Ritaest or iefuse to exund titne for payma�E oc ,
<br /> • aWawjae mod'�araoaizMion of the s�mis sasu�ed 6y this§ocudty Inswnxnt�}r re�son of any demand made by the original .
<br /> • Bormwec or Barraarcr�s s�sso:s in-intensi. A�iy focbearance by Lender ia exercising�y right or semedy shatl rx�t be a ' —
<br /> , ' watvar of ar proctnde tbe exencise of any right or�y. •
<br /> '' 12. Sroce�sors�rd Aa�oa Bound;Jdet aod Several L,iat�ity;C.o-s�ets. The covenants and agraments of t5is
<br /> Seciiriry�ent shail bind aM benefit the successas and assigits of Lender and Borrower,subject to the gmvisions of . .
<br /> puagraph 1T.Hamvvee's covenaats and agee�iicau'"'shalt be jouit and several. My Borrowu who co-signs this 5eauity.
<br /> L�vment but does hof�euxute the Nae: (a)is c�si�ning ti�is Securiry Instrum�mt only to mortgage,graat and coavey that
<br /> Barmwer'a Inte�est ia�T�e Aonpe�ty m�der the terms of this Secmi�r�sprumen� (b)is not personally obligated to pay the sums
<br /> socured 6y this Seitrriry Instrumen�and(c)agms that L.ender��:y other Borrower may agnee to extend modify,farbe�i_•;,.
<br /> ur make any accommodations with negacd to the terms of i�s:�urity tnstruroent or the Note without that Borrowbr�' �
<br /> cansent ,:;,., � .
<br /> }3. l.�s Chae�•If the toan saurod by this Security Insuument is subject to a!aw which seis maximum laan �
<br /> ,; chuges,and thar law�s�naliy inu�prcted so that the interest or other loan ch�a�s coltected or to be coUected in eonn�ion
<br /> :'::..with the Irnn excood fhe permltted timits.dx�e: (a)any sucb loan chazge sha11�Foduced by the amount naxssary to redvee,.
<br /> , '` ;ht charge W tbe(iernritted limit;and(b)any soms already collected from Botrowet which exceeded pemlitted timits w�'f►�
<br /> , +tfundGd sfl Bomower. Lender may choose to make thls refund by reducing the principal owed ander the Note or by making a .
<br /> i�,i�tct gaynlent to Bomnwer. If a�fund reduces psincipal,the reduction will be treated as a partial prepayment witha�ai any -
<br /> ,�paYment charge ander the Note. .
<br /> 14. Notkes. My notice to Bonower provided for in this Security Instrument shall be giveo by�9iv�[ng ii iir.by =-�,;:--
<br /> mailing it by first class mail unless applicable law requires use o4 a�o:her method.The notice sfiall be directed to the Pr�pe� �-`°°"
<br /> Actdcess or any atlxr actdress Borrower designates by notice[0 4.���er. Any notice to Lender sha11 be given by firsc class" �=-�'=
<br /> mail to Lender�s addiess stated herein or any ather address Lender drsignates by noticc to Borrower. Any notice provided faF --�_=
<br /> in thls Securiry Instrument shall be deemed to have been given to Bonower or Lender when given as provided in this ��$
<br /> P�S�Ph• _.=`�-
<br /> 15. Govereing Law; &verability. This Security lnstrument shall be gavemed by federal law and the law of t4�e ='-�"'-
<br /> judsdiction in wh9ch the Property is lacated. In the event that any provision or clause af this Security Instrument or the Note �`=-1'
<br /> conflicts with appiicable law,such conflict shall not affeci other pravisionc of this Security Instrument or the Note which caz�
<br /> be gtven effect without the conflicting provision. To this end th�provisions of this Security Instrument and the Nae are t'. ,�`-�-.
<br /> , deciacrd to be severable. -
<br /> . 16. Horrower's Copy. Borrower shAll be given one confortned copy of the Note and of this Security Ins�vment. �._ �:':.
<br /> 17. 7Fa�ter of the Property or a Benefictal lnterest in Borrower. If all or any part of the Propeny or uny interest in :,,'ti._
<br /> tt is sold or transferred(or if a beneficial interest in Borrvwer is sold or Iransferred and Borrower is nat a natural person)
<br /> without l.ender's prior written consent.Lender may,at its option,rtquire immcdiate payment in full of a11 sums secured by �"�=-
<br /> this Secutity lnstrument. However.this option shall not be cxerees�ed by Lender if exercise is prohibited by federal law as,of
<br /> the dats of this Securiry Instrument. '
<br /> 1f I.ender exercises this option.Lender shall give Borrower notice of acceleration. The notice shap provide a period af ' '':�
<br /> not less ihan 30 days from the date the notice is delivered or mailed within which Borrower must payi all sums secured by this �•��
<br /> ' Secuti.y �ns!rutnent. If Bomower fails to pay these sums priac to the cxpiration of this periad, Lcndcr may invoke,pn)> .
<br /> nmed�.es�xrnitted by this Security Instrument withaut further notice or demand on Borrawer. �• •
<br /> 18. E�Orrower's R1ght to Rtinstate. If B�rr4wer meets ceAain conditions, Bormtver shall havc the.tight tq iiµve '
<br /> - enforcement of this Security lnstrument discontimi��t any time priar to the earlicr of: (v)5 days(or sur.1'ti�txter peria3��s : '
<br /> " ' , Singk Family�F�aie:ilaie�a�ed�:it Nsc UNIFUR:H IKS7'(tUt1B!vT•-Unifonn Covcnann 9/fi rpb.3r4 oj�;pagrsi , t , ,. .
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