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<br /> . - _ . : , _ - ' - :. �. _ � �,¢.�.�100i���� - � .
<br /> � oonddno�a�or ot6a atnn�of�ar wK af we Ropetcy.«for oonve�r�x�ueu of cadaen�ia�.a�e�►a�siried+od` . . `
<br /> rhaii be p�id w I,ender. , .
<br /> � . In d�c eve�t of s tatai twt�a��a�k�pe�tY.tbe prooeeds eh�1!bs�pplied w d�e aa��sec�ae��Y dus Sea�clty
<br /> Ins�nmea4 whdher or not ibea due�wIth aay ezow paid to 8armwer. In the evrnt of a p�rtial qtcing of the Piopecty in
<br /> which Qhc falr ewte!'vatuenf the Ptuphty imniodiuely bet'oce the hiring is equal W a gratcc t�n the_tawunt of the wms
<br /> secut�ed by�his Secueity It�ment immMIately 6efote qu taking.t�kss Boaowesaad I.ender odxrwise ayeee in w�i3in$,:
<br /> the snms socuad by this Sxuiity Instzument st�U 6e.a�dured by the amwmt,of the proceeds multiplied by t6e follawtag
<br /> ftactia�: (a)the Mtal amount of the aums socu�ed irt�me�tateIy befae tbe taking.divided by @)the�ir rn�rlcet vaiue of the
<br /> Flaopd�tjr i�iase3y.before.the tz(cing.-Aag.�alannes�talLhe gaid t¢8ortowar. In the eveat of a partial taicing uf t�e. --_ -_
<br /> PY�o�percy in wbkb tt�fair madcec value of the Propercy immediarety before the`tahing is iess than the amoune of che suma
<br /> sec�ued immediuely befae tl�e�g,antess Hor�uwer and Lender otlxrwise agrre ia writing or unkss applicable law
<br /> ottxrwise pmvides,the prooeeds shaU be applied to the sums se¢wxA by this Secarity lnsdument whaher ot nM tha smns are
<br /> theai due.
<br /> It ihe Property is abad�aed by i3ombwer,.or if.pRer notia by�.eadet to Bcxmwa tt�at the condemuor offens to make
<br /> an awa:d ur�euk s clairtt for dama�es.Satowet�a to nspond to.�etdpr�yithin 30 days affer ti�e date tine notice is given.
<br />, I.ar�er is au�6orizcd to,cotkct�ad�apply thc�.Rigccods,ac uus qptia�e.ufier�o�escaaaon oc n,pair.of�he Pmperty�co�e .
<br /> � sums aec�ued by this Secudty lnstivmcnt,y�i�eth�t��tof t�r,fr�uc:,:;,'�;,;,'�'- _- . . -.:. :=� "
<br /> . Unless Lender and Bocrower othecuris�;;a�::fuf;writu►g;:at}y-apgiG�on af p�u�eed�:�a p��1 shalZ not e.xeend�m
<br /> �.... _... .
<br /> . , , , .
<br /> -;�•�s?�.'►one the due dste of the montiily paymen�'�er�c+eit:fo�4 P��;aed 2 or cfiange�h��au'�to �s.ie��nt�.
<br /> % - .,�,,..11. Borrower Not.Rela�sed;.For6e�ranae#�y Leoder JYoe �WsCve�r ��'iuensio'r��e'nme far:��nept�nr
<br /> .` of.amortizadon of the,su�as'seetii�ed bY this Sxuriry tsisccpmai�gras�t�ii���ia:�sk-c:.^:ssor�iri:interest
<br /> . t�
<br /> ,.of�slt�Tt not�perate to•iatCasa.tii�'tiability oF the origmat Bafi�v�ret or.Boimtv+er's suca�s�rs in interesi Lender
<br /> -:sii�na,�:��ed to com�uc�Pi�cccdings against any successor-i�i iatecest a��efuse ro estetid time for payaxnt or
<br /> •'ot�erwise moilify iunortiza$aa of the swns secured b}this Securicy Insuument by teason of any demaad made by d�e originat
<br /> . �a�mwer or Bo�rower�s stic�cessors in inie�es� Aay forbearance by Lender in exercising any r�ght or re�necty shaU aot be a
<br /> waiva of or ptectude the exeacise af any right or remedy.
<br /> .. 12. Suo�c�ars�nd As�ns Boaad:Jofat and Seversl i.ia6il�ty.Co-signeex. The covenants and agraments of this
<br /> Secucity inswment sha1l bilxl and benefit the successors attd assign4 of Lender aad Bucmwet.subjoct w dte provisions oP
<br /> paragraph 17.Borrnwer's covenants and agrpementa shall tie joint and several.My Bormwer wfro casigns dtis Securtty
<br /> Instniment 6ut does not exerute ihe Note: (a)is co-signing this Security Inswment only to mortgage.Erant and cor►vey that
<br /> �$otrower�s iaterest in the Property underthe t�e�ttt4 of this Security Instrament: lb)is na personally obligated(o poy�he Ruma
<br /> � secured by this Socuriry Ittcttumen�artd(c)agrces that Lender atd Any other Borrower may agree to extend,modify.forbaar
<br /> � or mdce any accommod�itians with�egard to the terms of�his Security lnstrument or the Note without that Bartnwtr'� _
<br /> consent. .
<br /> 13. La�n Charaes. If the laan secured by this Sccurity Instrument is subject to a law which sets maximum lo�n
<br /> �charges.and that law=is finafly inter�xeted so that the interest or other loan charges colkeced or to be caltect¢d in cornxcticm
<br /> with the toan exceed the permitted limits.then: (�)any such loan charge shall be�rrduceci by the asnount necessary to reducc
<br /> the charge to the pem�itted limit;and(b)any sums already caltected from Borrower which exceeded permined limits will be , _.
<br /> refunded to Borrower. Lender muy chooYe to make this refund by reducing the principal owed ander the Nore or by making a _
<br /> direct payment to Borrowcr. If a refand reduces principal.the reduction will be mated as a partial prepayment w�tbout any . —__
<br /> prepayiaent chacge under the Note. "'--
<br /> 14. Notices. My aotice to Horrower provided for in this Security Instrument shal}6e given by delivering it or by `=`_
<br /> mailing it by ftrst class mail unless applicnble(aw requires use af another method.The notice shatl6e directed to the Property
<br /> Addtcss or any other address Bomower designates by notice to l.ender. Any notice to Lender shall be given by first class
<br /> mail to Lender's address stated herein or any other uddaess Lender design�tes by notice to Borrower. Any notice provided for ,
<br /> in this Security Insuument shall be deemed to�uve been given_tp Roaower or Lender when given as provtded in this
<br /> , �0���� .. .. . .' . ' : V '..�.
<br /> IS. Governing Law;Severability. This Secudty instrument shall be govemed by federal taw and the taw of the E�,•,,ti':;:
<br /> jurisdiction i�which the Property is located. In the event thaCany.Provitiion or clause of this Security Instrument or the Nou
<br /> , conflicts wi�1i i�pHcable law,such conflict shall not uffCCf oElici pRUVisi�m of this Security lnstrumelu or the Nate which can
<br />_ be given e�ifect�wRhout the wnflicting provision. To`this:cnd.the pa+�s;.+ions aP this Security Inss�nFmenc And the Note are .
<br />- �'scbared to be severable. - � '' "` '
<br /> . 16. $orrower's Copy. Borrower shull be$iven uneoonformed copy af the Note arid of this Security Instrument.
<br /> iZ 71r�nster ot the Property or a Hene�tci�l Idterrst in Borrower. If all ar any part oi the Ptoperty or aay interest in
<br /> it is sold or transferred(or if a beneticial intetest�io Borrower is sald or transferred artd Borcow•e_�is not a natural person)
<br /> without Le�derk prior written consen��I.c�rdcr may.a�i�s option,require immediatc payment in��`I of all sums secured by ,
<br /> this Security Insttument. However,this aption.Rhuli not be exercised by Lender if exercise is pro�i�r:ed by federal law as of �
<br /> the date of this Securiry Insmtment. , ; :'.t'::
<br /> If Lender exerclses ttiis aption.l.ender sh:�ll give Borrower natice af acreteration. The notice shall provide a period of i:.,;�:�;::
<br /> not tess than 30 days ftom the date the'notire is delivered or mailed within which Borrower mu�t pay all sums secured by this �':s ti``;
<br /> SecurIty Instrument. lf Borrower fuils'to p�ty these sums priar to the expiration of this period. Lcnder may invoke any • •
<br /> remedies permitted by this Securiry In�;iram;nt without further noticc or demand�n Barrower.
<br /> 18. Borrower's Right to Relrtstate. If Borrower meets certain runditinns. Borrowcr shall have the right to have ..
<br /> , enforcement of this Security lnstrument discontinued at any time pripr to the eurtier of: 1:�)5 d�ys(or such other period as '
<br /> Singte Family••Fannie MaeltYeddk Mac 11tilFOR�!1tiSTRUMF.h"f••Unitorm Covenantv 4f90 (pnge4 ojApage.�l '" j
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