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<br /> s6�be qid tn t,endeC � � . � ' . ,
<br /> In the event af a�op!taiti�of the Pcopaty..d�e pnoaeds a6a11 Ea �pplied to �6e sums'aecu�ed 6�►this Secuzi�Y , `
<br /> Lnaiimen[.wl�tha or not dia�di�with�ay acoas paud to Banb�rer. (n tbe event of�peti�t aR'p�d ihe Ptoperty ie . '
<br /> ,wUicl�tMt fatr mul�et vatue ai tbe RopRty imunediacely befocs tbe qkia�is equal to or�er tb�n She amount of the aums�. - ',
<br /> secueed by this Secwity.�eat immtd�eiy befac t1�e takh�g.uniess Barower s�n�Lender otf�w�se.�rrce in vrtitta�,
<br /> .. tbe suau�by this Secutiry Instcument shaq be ieduad ls�d�e aaaunt of the p�ocaeds''multiptied by the foIlowin�
<br /> � fcaetio�: (a)the tonl art�ount of tha sums sec�ued immediately befae ttu taiciog.divi8ed by(b)dx fait madctt vstua of the •
<br /> Ptope�ty nmAediauty beface the aia�g. My balance shall be paid w Borrowu. In th�evera of s•puwt`picin$of the�
<br /> ,P�apecty,in which die fa�ma�et vatae of the Ptopeity inm�0ety 6efa�c the taicing is kss d�t tht�t af the'susns'
<br /> sa�uted 6titne�iately 6efae tl�e takit��g,unless Batuwer and I.eode�otDetwise agRe in+v�ivag oc unkss applica6k law
<br /> od�rise provides,the pioceeds stuiU Dc applied to the sums seauied by this Securiry Insaumenc whetlrcr oe aoc the surns are
<br /> tl�as�e.
<br /> If the Ptoperty is ab�ndaned by Barower.or if.�ttu nwice 6y Leader m Boaowes d�at dx c�ondemaor offrrs to make
<br /> an aw�d or satie a ctaim for damages.Batuwa fails w nespond w l.endcc wid�ia 30 days after the d�re the notice is given. �
<br /> Leader is aiithorized to ooikcc�nd appiy the piocxeds.at its opdaa,eitherto tatoradoa or�of tbe Pmperry or to the
<br /> swas sccuted b�r thls Security ins�uaim�iahed�et or aot thett due. •
<br /> Unkss Lendet and Bamwer uthe�wise ag�re in w�iting.any applipuan uf pcoceeds to principd si�not exteod or
<br /> = postpone the due date of the moathlY FaYments tefemod co in paragaphs 1 uad?or cfiange ttie amonnc of such paymeats.
<br /> 11. Bocrower Nat Rdea�ed; Florbqeaace Bl Lenda Not a Waiver. Exrension of the tnne for payment oc
<br /> modifi�tioa of amo�atioa oF tt�e swns secared by[lus Securiry Insmimenc gcanted by LeMer w any sucoessor in inoe�est
<br /> of Saaoa�er shaU not opera[e co nlease tlte liabilitv of the ariginal Barowa or Bortowa's successas in iateresc.Lend�r • _-
<br />- -- -- - sheQ�nec 6e eaquired m commmce procoedings against any succeswr in inu�est or refuse to e�end�e fa paymera or _`:T,_--
<br /> -- - other�vise mod'dy sniottization of the s�uas secuzed by thLs Secudty Insmuaent bq crsson of any da»and made by�be originat �
<br /> . — Barmwar ar Borrnwa's swxessors in intetest. An forbearance b Lendet in a�ercising any nght or t�edy sbai�not 6e a �'L-rfi`--
<br /> Y Y �,__-°.-
<br /> __ w�iver of ar p�ectude tAe eaercise of any rigbt or�emedy. � . , •`°
<br /> __ -- 12. Suaessors a�d Assigns 8ausd;Jaint and 5eveal l�a6ility;Co-st�,�er�. The covenants�nd agieecncnu of this ��`•
<br /> - Secucity Lssocum�at sdap bind and benefit the suceessors�d�s,g�k�of Ltuder and Bomnwer.sabject to dm provisions of • . _- ___
<br /> - _=�° Wr+S�Ph 17,Borrower's covonants and agreemeacs stialt 6e joct��-d.several.My Bortower who casigns this Securie� `>_�,��Y
<br /> _ ---�.� - Insmiment 6ut does not eaecuu the Nou: (a)is casigning this ,Secuii��nsmua:ent only w mortgage.grant and convey t6at• -�.��'.,,._
<br /> ��-���' : Bonnwer�s in�erest in the Aoperty�nder tha utuas of tbis Security Instrume��:�css not personaIly oblepted to pay the sums jj...,,_�..---
<br /> �.,�,,G,.._-.�,.�.�}:_ secuied by tbis Secu�ay In�uunuax aad(c)agras ti�t Lrnder and any otfier 8�or+er may agRe t+o extend�'fy,forbear :-.:; --
<br /> ea�;�s� or matce any accommoda6ons with cegard to the tertns of this Security Insa�nt or the Note withau s��::�vrrower§ '.,,_;��,;
<br /> ' -� conseut. . . .:._.:, . � ;.;�;''
<br /> �� "•��r��''� � 13 Loan Clarges. If the loan secund by chis Security Inswment is subject to a law which sets�ctar�iinam toac� • � �`
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<br /> � -" �;,���-=•},,•; citiatges,aud that 1aw is finally interpteted so that the interat oc other Ioan charges coUected or to 6e coliecte�:�i connectio� .;-.;. : .
<br />_�" `���`' .'��h the loan exceed the pem�itted limiu.then: (a)zn�such loan cbarge shall be neduced by�tte amount nec�sauti to redrtc� • •�'�;��:�
<br /> r `� �'�I -
<br /> � :��-f.�� � �-�e chazge to the pemliued limtx and(b)any sums�Gc�i�v coiketed itom$ot[awer which exCeeded permi¢e3:iriits v�n'II b.e <.;�.�;�,-`>�
<br /> - ;.'-r • • nfnnded to Borrower. Lender may chaose co maice t��..L��Y.tcNciag tl�e principal owed under the Note�i�';�a�ig a.:, =-
<br /> .... _.
<br /> ` ��:�c: ` --
<br /> _ _.• .�:`=_:..:, - dit�ct pay:t�ent to Bocrower. If a refond reduca pm1e�.8.."�a3z ia,e rael.�tion anil be ue3ted as a paitial pnpaymen�air�eiat ana•' . . -
<br /> `��'r� , P�PaYmevx charge under the Note. �. . � ,:T
<br /> p 14. 11�r,�t�Ca. Atry notiee to Bormwer pmvided'fon•in this Security Inmument shall be given by del�z�ng it or b�* � � `
<br /> ���`W!� �� mailing it by first class mail unless appticabte law rery�ir:s ust of another mettiod.Tha rtodce shall be directedio the Property ,`'�r. . • ._. �;:._
<br /> ,_,.:._ ��:'f. �
<br /> '?�'�;���'`':�- .. �• "� �' -
<br /> Address or any oihcr addnss Borrawer designates Fry norice ro Lender. My notice to Lender shall be giv��by first class
<br /> •;E���?',-'', �• � � � mail to Lender's,address stated heroin or any other addtess Lender daignates by notice to Boirower. Any nonx provided for �
<br /> =•a�=,>', .:' �.� in this Security Instrument shall be decmed to have been given to Bolrower or Lender when givea as provided in this . . . -. •-
<br /> �`•`. 'a',"••; ��:-
<br /> '�•.'?r- :•�•_:.:�F`�.;��� ��1,i�,oveminE Law;Severabjlity. TAis Security Instrument shall be govemed by fcderal law and the law of the �.,-
<br /> �r�Vl..�.r.:..• �
<br /> �,�,.. : :� jurisdicaon in which the Property is located. In the event that any provisiort orclause of this Securiry Instrument or the Note $�:,
<br /> ��'::�r��'�� ���
<br /> �.,�•�.- , cont]icts with applicable taw,such conflict shall not affect other provinons of this Securiry Instrumeat or the�tae which can : �.,�-
<br /> "' " ','•,..r;`. � be given effect without the conflicting provision. To this end the provisions of this Security lnstrument acu�th�Note are i , �,�
<br /> �r�;�r` . • , • r; , ,..
<br /> •:��t:;,�,;::• : :•��:'r;;.=.;, declared ce+4e severabte. � .
<br /> '�• :�"'•� '•k�-t��"t , 16:;$aarower's C Borrower shull 6e ven one conformedco of the Note and of this Securiry lnstr�^sen�. ���- -���
<br /> • ; . � .i�,f:�� a �pY 8� PY �; :
<br /> i ��;-t�rz�F�:''�r,;,;�•:• . 1'f.�'ramsfes ot tlte Property or a Bcnefictal Interest in Borrowe� If all or any part of the Property or a�y interess ir� ,
<br /> + '�' ':```��. �'`' it is soid or transferted(or if a benefcial interest in Borrower is sold or uansferred and Borrower is noc a c:��;;al persdriy' '���. � . �
<br /> �-';�`�•�., .� ;iyt. , .
<br /> ,�,t.•, without Lrnder's priar vccctten consent,l.ender may.,.E iu option.require immediate paymen�in full of all s:�5ecured by �,.f�,;
<br /> �� -::'... �._�... , ..�
<br /> :�,�f, ; . ehis Security Instrumer.;.��lowever.thisc�tion sha11 r.ot 6e exercised by Lender if exercise is prohibited by fa�'.,;�I law as of .
<br /> -— �.;: the dau of�his Securi Inswmenc � :. � , ;."
<br /> _ �. � ty ��__:.._::.:...:�=:
<br /> � "x'+• If Lendtr exec�ises this opdon.L�k�shall give Borrower notice of acceleration. The notice shall provide a period of ,}•�
<br /> 4 r ��'�;`..' ,
<br /> ��;�:ti • not less than 30 days from the date the aotice is delivered or maited within which 8orrower must pay all sums�cured by this . �; '
<br /> !.:': - It•
<br /> ' :;-�� �• Secutity InswmenG If$orrower fails to pay theae�.s.irts prior to the expication of this period. Lender�.;+'•invoke any ' : . •
<br /> ��.: ., ��":: ,:.' c+emediespem�ittedby thisSecurity insuume�t wi�:r.�:�urthernoticeor demand on Borrower. � - __
<br /> r :�:-•;��� 18. Borrower's RigMt to Reinstate. lf$r,c��r�xer meets certain conditions. Bortower shall have tt��ght to have �-�-` � :-
<br /> • enforcement of this Security Insvument discontinar�at any time p�ior to the eadier of: (a)5 days(or sucfe other period as . • - -_ ';,,
<br /> � �t . ;,.,;
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