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<br /> . � cc,tawrnr;oa or aba ti�es°d�ar p�efnf we Ropat�.ar racconveyaece is lia4 oioaoaeawt�os.aee.l�by a�i�ned an�1
<br /> , ,tr.it 6�p�id w t�,e�der. • . . . ,. � ,
<br /> " Ia tbe evee!o�'a t�i Lkie6 oE the Penpaty. tLe p�oceeds sh�i!hs.appiied to tbe s�uas secuetid by this Socucity
<br /> inq�ument.whetha ar not lhem due.vrit6 aay exass p�to Boim�►a..Tn fl�e evart ot:pa�tid.WtinB of Yhe Pmpaty m �
<br /> � wrhich the far taftket vatue of the P�opaty inqnedi�teiY 6efae tbt Wcing Ls equ�l to ar gcea�er th�n d�uno�t of d�e sums
<br /> secuKd ty dus 3eeuriry Iuso�urtKru imrned��eh►befae tl�e tafuag,unkss Bcxiower and Lender athe�n�e agree in vxritins,
<br /> the sums secucM by dns Sec�itY in�umau sAaU ba nduexd by t6e artaant of the poceeds muittpikd by th�fdbwina .
<br /> � t�actiac t�)ttie W W anwunt of tbe sw�s securod�mmoaia�ety beiore�fie tai�g,divedod by(b)the fiir narka vilue af the
<br /> PrepettY umaajiucly betae th�Wting. .My 6a�x sIW!be paid to Bbnuwer. tn the evau af�D��8�� . �
<br /> �. Pbpe�ty in which tbe fiir market v�iae af the P�opesty immedis�el9 bafora the t�idng is kss�tipm the�amount of die swns •
<br /> � socmed inuncdiately before�the qting,uakss Bonower and l.eader dbenvise ag�ee in writins oa wikss spplicaDie law
<br /> a8�erwise pmvid�s,titt pmoeals shttl be applied w the smm sxund by this Savrity Ituuument wt�ethec or not Ehe sua�a�e
<br /> Q�a�dum. . � . �
<br /> If tbe P�operty is al�ndooed by Bormwec.or if,after uotice by L,ender to Soriuwer th�t the caidemnor offe�s w maicc
<br /> aa awud or scttle a claim for dsm�ge.s.Bamowa f�s to�espoiW w I.endar witLin 30 days after t6e due.the naice is aive�,
<br /> � La�des is wthorized tn oollect and apply the piocceds.�t iis opnon,eittKr w neswiatioa ar rep�ir of tbe P�npe�ty ar W tbe
<br /> . sums securcd.by this Savrity Iasawnent,whether or not dku due. .
<br /> Unkss I.ender and BoRa�ver atbecwise sgoee in wridng,any application of prnca,ds to princip�l shall not exta�d or
<br /> postpone the due date of the monthlY gayments t�efeaod to in pors�apAs 1 uW 2 or changt tbt amou�tt of such psyments. t_
<br /> 11. Borrower Not Reka+ed; Farbearasce By I.ender Nat a Wa[ver. Extmsion of t6e time far pay�oeat or
<br /> modificatioa of�ocdz�on of the svms secund by this Socur�ry Insuummt grwoed bY Lender to any suc�sar in ino�st
<br /> of Bamwa shall not aperate oo reiease ti�e liabiliry of the original Boauwer or Borro+�er�s successas in ime�est.�ndet
<br /> _ shall not 6a�equiiai w commenoe piooeo�ngs against any sucCessor in inusest ar isf�€se w ex�cnd:t�ae far prymeat or ,
<br /> o�herwise mod'tfyirr*r.nrt�rRan tsf tHe sams se�ctus'd by tlus Securiry fncrr�_me�r�'�n`f�;,�de�aaeq�;�dC by the o�►8ina1
<br /> Boenarer ar.Bc�iv�rxr's sacc;�`.s�i.inttcesL Any forbearanee by Lender int ' :�3-:��.��?�y sh�nnt,lte s�. _��"`�,
<br /> v�riiv��tof#pceeUar:�$e +;� ortemedy_ : �� �.�:..::;•::;:;,. :s..;...+,.;J �
<br /> ��e .abY r�8ht. � "� � � ��.�:. <'.�m�ata�a�ae�tsldFm�s�
<br /> - 1.�. Sr�aa�e�a����'�ds•Ju�:� .,��� �E�'-` ..�re�� '' �,r� ?���if•
<br /> ,�+e�."1'�';�'�-�?��c�f.�aci�be�ef['ii�"�an�:i�sg�se��an� ��a�"-' �+J '�,t�.iF�
<br /> � ; mar�.ga�`.G7':���u��t's coti-��nd.��t$,i�e.�acu3�s�va—..�-��Y Bormwer�fa3:a��u�cis 5�S',,
<br /> '� �c.ii��t ezecat�aC�irTote:`;{al;'��o�sigmag LF�Is Sec�ai.-},�.�eat only w mong�,�a�ad►qAm.��at:
<br /> �s�k _ . � �`aqrcr's inte�s:��e�es3.°r L�,°:r�s.s of this Security I�� N)is aot personaUy ob'',sganA to pay tiie sums ,.:,.
<br /> :;T�
<br /> • secu�ed by this Se�arity Insuaoa�and�cfi.�,�ees that Ltnder and any�8ormwer may ag�e to extend,modify.fotbeas.
<br /> -- � or make any accanmadatians arith regaie�E'tv the tenns of this Seccrrisq�suument ar the Note without that Bamwer's . _ �
<br />:-��� conse�� ,.
<br /> 13. Loan Ciwrges. If the toan se�cured by this Security Insuumelrt is subject to a law which sets maxlmum loan
<br /> charges.and that law is finally inurpreted so that the inteiest a other loan charges callected pr to be collocted in connection
<br /> with ihe loan exoetd the permitted lirmts.then: (a)u�y,such loan charge shall be nduced by the amount naessary to rcduce
<br /> " �' ' the chazge to the permittod limit;and(b)any sumy alrcady colkcted from Borrower which excaded permitted limits will be
<br /> ` iefu�ded to Borrower. Lender may c600se to m•rkc this refund by aducing tl�e prittcipal awed t:ndrr`the Note or by making a
<br /> '"�'"�` di�sct p�yrment to Barrawer. If a refund reduces prinri�wl.the reduction wip be t[eat¢d as�paRiai pRpayment wrtlKwt any
<br /> f' '�tti�r :.�:�. : w
<br /> . ;�,��'!,:`�•�- � P�'�PaYmcnt charge unQer th�Note. '
<br /> ,,., ...:: �..
<br /> •�.=.:, .. . l4. Nak�. My�aice co Borrower pn+vided for in thiti Security In�trument�hall be given by delivedng it or by
<br /> ' '-'��'�. ,,_ mailing it by i"mt cfass mail uolesti appticubic law requirr�u�c of:uwthcr mcthad.The ootice shall be dircctcd to the Propetty
<br />° _• �'� ' Addross or any ahcr nddress Bortowcr de�ignatcs Dy notirc to Lender. Any noticc to Lender xhatl be givcn by finst class
<br /> • '. mail to Lendet�a addretiti.tatcd hemin or any cnhcr add�re.Lender dc.rignutec by nwicc to Borrowcr. Any notice provided for
<br /> • .�;`�:'�-�. �, - in Ihis SeturitX Instrument shall Ae decmed ta have bccn given tu Borrower ar Lender wtfen given a.c provided in thia
<br /> '-s-.
<br /> -�-; .a �-� • Parz►BraPh•
<br /> �f=�''�.r:'" . ' 15. Gaverntn6 Law;SeveqDility. This Security Instrument shall be govemed by federa! law and the law of the
<br /> _•":�1.��"= ' jtrrisdiction in which the Hopeny is tacated. In the event that any provision or clause of this Securiry Instrument or the Note
<br /> .' -:� . cantlicts with applicable law.such conflict�hall not affect oiher provicioac of this Security Instiument or the Note whieh can
<br /> .. be given effect without the wnflicting pravixian. To this end the provisions of this Sccurity Instrument and the Note are
<br /> . � ' declazed to be severable.
<br /> ' . � lf. Borrower's Copy. Borrower shall6e given one conPormed copy of the Note and of this Security Instrumen�
<br /> ' ��-� �,�� l7. 7Yanster of the PropeAy oe a Beneticial lnterest In�orrower. If all or any part of the Property or any interest in .
<br /> �tr.,: : �..�,. �
<br /> ,. it is soid or rransferred(ur if a beneficial interect in Borrower is sold ar transfemed and Borrower is not a natural person)
<br /> _ ,�� ' �- witiwut L.ender�prior written conxent.Lender may.at its option,require immediate payment in full of all sums secured by
<br />-:�>:, '-�'=,•. this Security Instrumen�. However,this option sha(1 not be exercised by l.endec if exerci5e is prohibited by federal law as of
<br />�``''{�� 4 the date of this Security Inswment. '
<br />: �:��,�" '�,� ' ,� . � (f Lender eaercises this option,Lender shall give Borrow�r noticx of acceleration. The notice shali provide a period of
<br /> . : not less than 30 days from the date the notice is dclivercd or mailcd within which Horrower must pay all sums r+ecured by this
<br /> "�-"• ' :-+� • • Security Instrument. If Borroi�+er faits to pay thexe sums prior to the expiration af this period. I.ender may i�voke any
<br /> •,• ...- : . .
<br />, • `�-Y:,�:. . � , remedies peRnined by lhis Security Instrument witfiout furiher notice or demand on 8orrower.
<br />:',•�.'• " ;�::•;-.�� . 18. Borron'tr's Right to ReinstAte. 1t Borrower mcets ccrtain wnditions. Borrower shall have the t+ght to i�ave
<br /> ' ' k=^'''� • enforc�emcnt of this Security lnstrumem diticontinucd at any time prior to the earlier of (a)5 days(or such other period as
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<br /> ' re�.,��' ' � Sing(e Famfty--Fannk Matil�lreAdk Mat UNIiiORM INSTRUMENT-•Unifam Covenants X� (page 4 oj6 p�ges)
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