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<br /> . �q�e�os�a A�l�fakle�OF�t p�t OF IuG�y.a�d CO�DYEf�fIL'C ia 1�Gf o01ld�C0.�h�i�d�d �, �.
<br /> � sialt be pid�o L,eeder ,; .` . .' , � �
<br /> ' , 10 1Ae evenE ot a tota! talua='oE tbe A�ope�ty.tbe pca.�eeds aUa1I be��QPtied w tbe swns sec�ed i�y Wis Security
<br /> ' � Imuuox+r.w�iKther at not tlxa due..vrith my exoess paid w Hatower. In.tbc eveet of s p�rtiat takieE of drt Pbope�ty in .
<br /> � wbich the fait m�rtcet vatue of thtPtupe�ty imnediatety befae tbe nliing is e�i t�o d gieua th�n�e anwut�t ot the suh6s •
<br /> ses'med 6Y tbis Sec�uiry Ltstr�eet inune�iaMeiY.6refae die Wcirig;uokss Botrower aad Leoder dherwise spee in�cituu, ,
<br /> d�e sue'�s eecurod Dey dfis Sea�ity In�aneac alpll be reduced ay the anw�uu af the pmca�s mW�iplied lry d�e fdbwin6:
<br /> • � : �actiox t=)tbt iatai ataonnE o€the swas�d immedia�lY befat�he W�n&.divided by(b�ilKfaic m�dcet vatue(f'tlie
<br /> • Peognty iarmKdi�ieiy 6efae�t6e nl�mg. My bdat�oe stnll be paid W HoROwer. In tbe event af a p�rtiat nitina at the
<br /> . propetty in�r6kh the fair m�tiet vatua of tbe I'topeRy intmediuely befoe+e t6e dung is k;s dvn tbe aewint of tbe swps_ ,
<br /> � sec�ad imomedia�e{y befae tht t�king,unless Bormvrer and Leoder atbc�wise ag�ae in wtiting or unkss applicable 4v�t .
<br /> . pbenrise pmvides,t6e pioboods sh�ll be�pplied cd tbe sums seeut+ed by this Security Insteumeat whether or na the surnc ste
<br /> then du�.
<br /> If the Pt�opetty is a6ddona�l by Baruwet;oc if,after mtice by Lender to Bcxrower il�st tbe caodemnor ot�ets to nvlte
<br /> an s�rnd a settle a claiaa far dun�es.Barower fails ta respond w I:e�der within 30 diys after tl�e dahe thc notice is givp►.
<br /> t.a�an is a+uha�i�ea w�onea a�,a apply a�e p►�ac«ds.ac its op�nn.e;�t�er to nstonuioR a�p�ir of d�e tM�percy a tn a�e
<br /> ss�ms secaKd by this Savrity Insumaent,vrheti�er or not tIrn due.
<br /> Un�less�ender md Bamwer othe�wise ag�ee in writing.any appl�of p�acepds w princip�l sba11 not extend or
<br /> postpox the due date of tbe mont6lY payments nfertod tw in paragtaphs 1 and 2 or c6ange the�nount of such paymeats.
<br /> - � II. Earrower Nat Reieated; For6ara�ee BY f.e�der Nat a Waiver. Extens�on of�thc dm� fa paymen[ ar
<br /> modificatior.af amo�ticn of the s�uns saured by tiiis Securiry Inswment granoed by Le�der ta any suocessor in inoe�st
<br /> of Bomuwer st�ll na oprnroe ta niease tt�e fiabifiEjr of the driginal Barrower or Bamwer's succes.wrs in int�t.Lender �
<br />= s6�}I rat 6e coquired to eom�ps+oceedin8s agaiast anY surcessor ia inteast a r�fuse to extend wne for paymrnt ac ,•
<br /> � qbeqvise modify amoc�on of tUe sums sec�red by this Secwity In.g�ent 6y reason of any demand made by ttie original .
<br /> — Bo�mwer or Barower�sucasso�s in intenst. My fo�6eacurce by Lender in exaeising aay righf or iemedy sball mt 6e a�
<br /> — '. waiver of or preclude the e�cise of wy right orcemedy. '
<br /> . 12. S�ecdeoes a�d A�as Qw�d;JoiW and Sereral L�;.Co� 'It�e cavenants and�grtanents of ttis ,
<br />- — Sxurity Inswment t�hall btnd and benefit the successas and assigns of Lender and Bormwer.subject to the prOvisians of �
<br />- � P�B�Ph 17.Bormwer§cove�nts and�greements shall.be joint and sever�l. My Borrower who co-signs this Securitv
<br /> Insuume�rt but does not eaxute the Note: (a)is co-s�gning this Secu�ity tnst:un�ent asily.to mostgagc_grant and convey lhat
<br /> Bom�wer�s interest in the Ytoperty under the tenns of this Security Instrumen� (b)is not Pe�sonaUy obligaood to pay the sums
<br /> ' secund�y this Security Instrumen�ancl(F)agrees that l.ender and any other Bamwer may ag�e to exund,modify,foibear
<br />- ot malce any accommadations with negard to the terms of this Security Insuument or the Note withaut that Sorrowa�s. _
<br /> � � COns���. i i .
<br /> 13 Loan Cbar�es. ti the toan serured.by this Security Insttument is su6ject to a law which sets ma�umum loace.-•��; �
<br /> charges.and that law is finalty inte�gceted so that the interest or ochxc�oan charges collected or to be collected in connection �.
<br /> • `y with the loan exceed the pe�snitted limits.then: (a)any such loan d5arge shall6e reduced by the amount necessary to redace
<br /> , the charge W the permitted luni�and(b)any sums already collected from Borruwer which exceeded pertnitted limits will be
<br /> ' �.+'' • iefunded to Boirower. l:ender may choose to make tfiis refund 6y reducing the principal owed under the Note or by makin$a =
<br /> ` �:�� � direct paymeat w Boirower. If a refmid reduces principaf,the reduction wi116e treated as a partial prepayment wrthout any __
<br /> •-.�•t:'":': Prepay�ceat charge under the Note. �.
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<br /> . _�,'•�'r� `,�'•�'�•�' 14. hottces. An notice to Be�rotirrr rovided for in this Securit Instrument shall be ven b deiiverin it or b
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<br /> -- :. ' mailing it by fitst class mail unless app:'seable law requires use of another method.The notice sha;�.be directed to the Property �'
<br /> . ,' � . . AdcUess or any other 3d'd..*ess Borrower designates by notice to Lender. My notice to Lendec sha116e given by first class �
<br /> „:;,,,,,,_.; ,�_ mail to Lender's addmss��ed herein or any other address L.ender designates by notice to Borrower. Any notice provided for �
<br /> '`�*�` �� �' in this Security Insuument shall be deemed to havc been given to Borrower or Lc-nder when given as provided in this ��
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<br /> =•Y=` ' , 15. Govuning Lav�;._Seterability. This Security lnstrume�rt shall be govemed by federal law and the law of the -_
<br />" '�' ' , �: . �� � jurisdiction in which the�a�erty is lacated. In the event that any provision or clause of this Security lnstrument or the Nott _
<br /> � -. . • conflicts with appficabTe @..yw:sach conflict shall not affc�ti other provisians of this Security Ins.trument or the Ha.•e which can =
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<br /> _ .. ��..-.. . _ . : .be given effect withoat�conflicting provisian. 7i�this end the provisions of this Security Instrument ar��4e Note are� _
<br /> --�" -. dectared ro be severabte. • ;
<br />• , �;'` , ib.B�rrower's Copy. Borrower shall he given one conformed a�y,of the Note and of tt:s's 5�:,^�rity Instrumen�. _
<br /> • ;{�...; . . • � ,.L?:'�r�nsfee ot tbt Property or a Beneficia!lnterest in Borr�sc?er. IY al�or any part af L��:L�operty or any interest in �.
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<br /> �'�i`::_ �,., ' � � it is sotd or ttansferred(or if a beneficial interest in Borrower ix soid or transfi.�rrrd and Buir��'er is not a natural petson) :-
<br /> �• �•-,.,�,_ •:} � � without Lender�prior�:iuen wnsent.Lender may.�t itt option.require icnr.:ed�:e payment in full oP all sums securied by � �
<br /> �`. ,�.::5� this 5e¢ut'v.y lnshvin�rs: Eiowever,tfiis option shall not be exer�ised by Letzder it ezetcise is pcohibited.6y federal law as of Q
<br /> `f ---�:�_,.•.: .. the date of�itis 5ecurit}��sirument. . �
<br /> ��`��i••�.�' If I.�dS.°r,exersi�es this option,f.ender shall,�ivc Borrower ttotice of acceieration. Tln noticc shall provide a period cE , =
<br /> �' •• ' � , not less tf^��?days fincti the date the notice is delivercd or mailed wilhin ahich Borrower mu�t pay all sums secured by L��s �-
<br /> ,� �'.� .',� ��,�. • , Security E.,�it-;ment. Ef Borrower fails to pay these sums priar to the expiraticr�of this period. Lender may invoke a.�;�• � .
<br /> • � remedies pesrn�tted by this 5ecuriry Instrument withaut futther notice or demand on Borrowcr. -
<br />_ • .�"� �=, �,. � I��ptrower's Right to ReinState. If Bonowcr meets certain conditions.Borrower shall have itte right to ha:e °
<br /> ��r.. . enfot�a�,r�:of this Security Instcument discontinued at any time prior to.the earlier of: (a)5 days(or such other periad as -
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