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<br /> � 000demn�tian ao adw.taging of�ny�wt.bf tt�F�opetty.ac for wnveyaax iu lieu of con�nn�ian.arc E�enbj►assiga�d and � .
<br /> � , shaII be paid w#�eedet . � ` .
<br /> In tbe eveiR of a totil hicing of the Ptoperty.the pmceeds shall be applied ta the sum�.secured by Wis Secutiry .
<br /> t��m.nw+._whetl�cr a aat t6ea due,with any e�cass pa�d to Bormwar. Ia the eveat of a p�tial takntg ot the Ptopecty.in ,
<br /> �vGich the fair market vah�of th�Pc+opetty emaxdiately 6efac the Wcb�g is'oqua!w or g[sater th�n tt�e�oitnt of the siuns
<br /> secured Ay�thi,s Securiry lattrumait i�atety befarc tl�e talcing.rinkss BormwGr au�d Lendtr d1x�vYise ag�se in writittg, �
<br /> tbe s�nns secured Iry this Securiry Iasuutnent shalt'be teduoed by tbe amount of tUe pmoeeds,mWtiplied by the foUuwinB .
<br /> f�tion: (s)tLe tnnt amauat of tbe surtis sbau�d immodiately liefore tbe taking.dividod by @)the fair cqmtket vatue of ttie
<br />-- _ --_.-- . ��mtmediatety beforc tAe talcing Any�alatia shall be paid m Borrower. Cn tha event af a parti�l Wwtg af the
<br /> - _ P�apciiy in which the fair marYet vatue of thq Ptopeny�iately 6cfae tl�e tai�g is iess ttian the amaint of tltt sums
<br /> - secu►zd immediatNy befa�c the takmg.anless Bormwer and Lender atl�en�rise agree u�writing or unkss apQtirable law
<br /> -- ,: othtrwlse pmvides.thc proceeds shall be applied to ttx swns secured by this Saurity[asunmatt whether or nat the sums a�e
<br /> dirn clue. � `
<br /> --_ . If tht.Ropert3+is aWndon�d bY Bomnwu,or i�aRer iiotia by Lender to&xmwer that the candenmor offcrs to ma(ce
<br /> - u�aw�rd or settle a clwn for dunagr.s.Barower.fails to iespa�d to T.e�der within 30 days after tue dace the notice is given.
<br /> - - � Lenda is autho�et!to colkct and appty tbe pnoceeds.at its nptian.enher to restaration or�eprair of tLe Pmpecty or to the ,
<br />--�-= s�ms secaiod by this Secarity Luuwnen4 whether or rat tben due. `
<br />�z� Unkss Lxnder and Boimwer otherwise agree in writing,any application of prooeeds to principal sNall not extend or
<br /> postponc t6e due date of the manthiy payments refer�ed to in pangtaphs t and 2 ar cdange die unamt of sucb paymeMs.
<br />;�� 11. Ba�r+a�rer Not Rdaiscd: Forbeasanoe By Laeder Not a Waivea Extension of the timr far payrt�ac or
<br /> modification of unottir.ation of the sums secured by this Security Inswme�n granted by Lend�ec m any successar in iateiest
<br />=, •• of Bamwer st�all not operate to celease tbe liabi'lity of tl�e aciginal Borr+nwer or�vater�s�ssors in interest.l.eades .
<br /> sh�ll not be tequuM to oo�nce procadin&S�8ainst aaY s�essar in inteEest or refuse ur extend time for psy�hent ar
<br /> ofhnwistmadify amoRirrtion of the soms socund.by this Security In.stnunent by teason of any demand made by the otiginal —
<br /> ` .Barrawa or Bortower�s succGSSas in inte�est. Aay forbearanct by Le�der in eaencising any ri�t or remody shalT not be a
<br /> waiver of or preclude the exercise of a�right or nmedy. • ` _ ' � _—
<br /> � lL Sroce�ars aud A.�ns Bo�nd;Jdut a�d Sever�{Lia�ilitj;Co-si�aers. The cavenants and agRemeets af this
<br /> Security/nsaument shall bind and 6enefit the sua�essors and acsigns of Lxnder and Bomnwer.subject to tl�e pmv�s�ons af. __-
<br /> '� �, ;�--_ P�+Sr+W� 17. Botrower's covenanu and agceements shall be joint and several.My Borrower who co-signs this Security ' _–_
<br /> j� . lnsdnnknt bnt do4s not exceute ttie Note: (a)is co-signing this Secucity Inst�umeut oWy w mortSaBe•gant and convey that ���
<br /> d__ `-.;;3° Baruwer's interest in the Propnty under the tem�s af this Security Inst�umen� !b)is not persa�ally obligated to pay the sums —_-
<br /> .:� �. sec�ued by this Secariry Insdvmen�and(c)agRes that Lender and any other Barower may agree w extend,modify.forbeear �-�"�_-�L
<br /> �.. or make any accommada6ons with regatd to tite tertns of this Security Lisaument or the Nate without that Bomnwer's ==----
<br /> _ ..;,��,1��� cansem. � �—_----
<br /> �t°*�"'� l3 Loan Chuges. If the toan seciued tiy this Seeurity Inst�ument is subject to a law which sets maximum toan --=— _
<br /> ,�` chuges,aad that taw is finally interp�eted sa that the interes[or other loan chatges collected or w be collected in connecdon _
<br />- � with the taan exvoed the permitted limits.then: (a)any sach la�n cDarge sfia116e redi�ced by t6e a�naunt necessary to reduce
<br /> "��� ���';� the charge to the pennitteA fimi�and(b)any sums already caIected from Bortower which eace��ad permined lim�ts will be ------
<br /> �,� �`.;;;:= rciurded to Bamwer. L.c�ncier may choose to mai�e this refund by reducing the principai ow��:izr the Note or by making a • �yry,� �
<br /> �:�j=, dinct payment to Bartuw�er. If a c�efund reduoes principal.the eeducrion w�ll be meated as a Qartial prepayment wtthout any _ ----
<br /> .i"�`t`:�.�, P�PaY�tchargeundertheNote� '" .LJfA�4•�__
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<br /> ��n '-j-`-.�< ; • , 14. Notkes. Any notice to Borrower provided for in this Security lnstrument shall be;.�.'ven by delivering it or by '` � `��J;� '�°�_
<br /> •:..v_,.:.a... . ' �-.
<br /> _rr..,-.; . ;;...,. _ mailing it by�rst class mail unless applicabte law requires use of another method.'f'he notice s�tt be directed to the Property � �;•``��7,�=
<br /> "'"-"' "'-� • Address ar any ottier address Borrower designates by rwtice to Lender. Aay notice to Lender shall be given by first ctass • :r}t'�.'•`,';�'s
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<br /> '�`�`:`.=.� '�'•:,�s mai!to Lender's address stated herein or any ather addrese I.endcr designates by notice to Borrower. Any notice provided for '.,;?'f';4.�'°: ..`• �`.
<br />_ '��'�'-. � in thia Seourity Instrumene shal! be deemed to havc 6een given to Barrower or l.ender when given as pravided 'm.this �:,•�:�
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<br />_ -". ;�,:�'.; 15. Govereios L�r; Severability. This Security lnstrument shall be go�emed by fedetal law and the law of the , Y,��_;�,;�,;
<br />' � =-`� sdiction in which the is tocated. In the event that an visioa or clause o£this Secari Iastrument or the Note � .�-
<br /> juri ��RY. . Y P� t}' =c,-r;
<br /> '-"' , conflicts with applicable law.such conflict shall not affect other prov�sions of this Security lastniment or the Nate which can �
<br /> �' ,}:�•-�-. �� be given effect without the conflicting pravision. To this end the provisions of this Security Instrument and the Note at�e ;; .;.�,.,�_
<br /> '�.F::_:�x." . decland to be severable. wi:�•i�:,:.,-�'
<br /> -;''�?��;°•"�; �' 16. BarroRer's Copy. Borrower xhall be given ane confartned copy of the hate and of this Seeurity lnstrumenG 4��"� ` •.==,•�
<br /> �`'_�'-��': , 17. 7tanstee o�the Property or a Beneficial loterest in Borrower. If all ar any pan of the Propeny or any interest in �;��`. �
<br /> ?�Y�� . it is sold or transferred (or ii a bencficiul interest in Borrawer is sald or transferred and Bo�resraer is not a natural person)� F�"•:���;i�u,�
<br />- �''�'"�� without Lenderk prior written cansent.Lender may.at its option,re�a:re immediate payment in fufl of all�ums secured by 4�;���r•��:=r"'�
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<br /> - �': this Security lnstrument. Hawever.this option shatl not be,exercised by Lender if exercise is prohibited by feder�l law ac of ' i;T,�3;; .-�-�--
<br /> _ .,;.-4.
<br /> _ � F,.}:;a�, _
<br /> -- the date of this Security Instrument. ),::f',.. :'`-
<br /> '�1�.- lf Lentlet exerci�es this aption,l.endcr shall givc Borrowet natice of acceleraoon. The notice shall provide n period of �t��`� :. � -
<br /> j� '- �- not less than 30 days from the date the nolice is delivered or m3ited:within which Bonower must p�y all sums secured by this �•• - -
<br /> �'�' Sectuiry lnsuument. If Borrawer fails to pay thesc sums prior to the eapiration of this period. L.ender may invoke any '.
<br /> ti'.��4+' �. • �
<br /> ;. �-.�.� • remedies pennitted by this Security Instnimem without further notice or demand on Bormwer. .
<br /> "� �8. �rirrn�rer's�ht to Reinstata If Borrower mcets ceriain conditions,Borrowcr shaA have th� righi to have : , .
<br /> - enfomm4cii��,�.4ca�,,.e��, �sity instrument discontinued at any time priar to the earlier of: (a)5 days(or such other period as
<br /> _ SingkFamity-•F�ekMaelPreddkllfaclJ�16URS11rS7RUlNF.tiT•-UniformCorcnants 91f� Ipuge4ajbpages�
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