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<br /> _ _ _.� _ _,—_ _____ -TT_..— ` ___---. .—.___—' . _' _`-_ ����- ��V� i� • ' .. __ .-.<
<br /> • • �p�y pp{QO[E!�E i�lti�.i[!hQ'Q�Iti011 Of T1�t.�f mOdf�jC I1�OC C01►E[f�E(In t�L���0[i�E�1Qd �,
<br /> . . 1��.GldEr'�tilS}�YldOd��ifNYiC!�[�OrOd��C�1�1�O bOCt�CY��C 1q�!S 4bfitAOd.�Oli�O�Y�'F f��� .
<br /> ` �ie P,�pqoiut�reql�ieqd-to moa�njoR�e iawe�oa i�effact.a w pevvide a tas zeseive,uaril tbe nqnie�emeat ta m�etpe
<br /> _ inwrrice d�ds iu a000cd�oce�vith�ny�vtiuea�rOement beavaen Borto�ver and Leo�er or appliC�e law. � ` �
<br /> , . � !:l�eetiM.l.mder.ot.its aaeait m�m�ke td�onsble a�ies upon md,i�pectiom of tLe Prcpe:ty. I.eodei s1Wt�ve
<br /> � Borrowa aodcc at the dnr oi or yxior�a�i�on apxifYinR na�ombk c�se foi the impe�tion.� °� ,
<br /> ' IA.Co�ipu�tio�.T1�e pcnoeeds of aay arvaN ar ctaim far dam�ges,ditnct or consequeoti�l, in oniooxtin�i with sny
<br /> , �a otber talcing of an�g�rt of the Propaty.ot for oonvcyanoe in lieu of coodemn�tion,ace Aerebg usigned snd
<br /> _ f. , shait ba prid to I.ender. ° ` • - . —
<br /> _ �_ _ .� -_ � . _ -_In the e�r�ot'a tohd taking oE the Prnpe�ty,t1�e pmaeeds shall be agpl�d to the sums secutad b�this Secu`ity I�uummt,.
<br /> . . wtkther ar not then dua.vvith ac►y exa�ss paid w Bocmwer. In the event of z putial taking of t6e.P�mperty in wvltich tlr fair � .
<br /> marlca,v�lue of tUc Pnopeny ia�mediately before the t�lang is.�qaal to or g�eata than ttic vnount of the sums sa:arod by this ,
<br /> Soc�rity I�stnundot im�poa's,�tdY befor�t�e taiting.uutess Borsowa�ad.Lender oth�wise�gc+ce in writing.the sua�sxure�d by
<br /> il�s Secnrity ImtturiyeM sball 6e reduood by the amount of the pmoeods mdtipliad by.the following fiaction: (�)the toal
<br /> �rwunt of the sums sa�red immedistely before tbe talnng,diviDed by(b?d�e f�ir anctcet valae of dia Pnopaty imme�iately
<br /> bCfae tbe talting. My 6�lanoe siwil be poid w Bomnwer. In We event of a partial talting of the PmpeRy ia wltich t6e fair
<br /> market vatoe of the Proputy immediuely before tltie takiag is las than t6e amouat of tbe sams sec�aed immediatdy before tile
<br /> � taking.ualess Bomnvrer and Lander otberwlse agcae in writing or unless appli¢able taw otT�erwise ptnvides,the pr000eds a6�11
<br /> be�pplied to the s�ws socared by this Savrity Lutrument whether or na the sums ur�G then due. : .
<br /> �� If the•Property is a6andoned by Borrower,or if.after notioe by Le�der to Borrower that the vondemnor offers to rn�ke an
<br /> iwa�d or seula a cTaim fnr damages,Bairower fails to rrspoad to Lendes withi�r 30 days after the date the notia is.givea,
<br /> tender is aathoriud to wllect aad apply the pracoods,at its option,eitLer to restoration or t�tir af tl�e Pr+operty or to tbe sums
<br /> -� secured by this Savrity Instmment,whaheror not then due. � . _
<br /> � Uqtess Leader and Bormwer otherwise agroe in writing,any application of praceeds to prircipal shaU rnnt eatend or
<br /> postpune ihe due dau of the monabt�:payments referred to in par�graphs 1 and 2 or change the aimnnt_of such paymarts.,
<br /> ' 11.Borrower Not Reteasea;For6eararice By Lender Not a Waivar.Extension of the time for payment or awdiCcation
<br /> of amortization of the sums sec�red by this Security Insmunent grante�by Lender to any successor in interest of Borrower shall ,
<br /> ' not operate to release the liabiliiy of the uriginal Borrower or Borrower's successors in inte�t. I.ertder stdi�be requi�d to : •
<br /> :�. commence praceedings against any successor in interest or refuse w extead time for payment or otherwise modify amortizatiop �� .
<br />'' � of the sums secure� by this Sewrity Instn�ment 6y reason of any d�mand made by the original Borro�rer or Bortnwer's =
<br />:Y � successots in interest. Any forbearance by I.ender in exercising any right�or remedy shall not be a waiver of or preclude the � _=-
<br />.�._ _ _ _ � _ .�. ,e..::
<br />,: ---,._.�--- •., �: • . exercise oFany right ar remedy. - - - - - - _ .._ . _-- . --
<br /> 12.Suoassots smd Assigns Bound:�.loint and Sever�l Lia6ility, Co-signeis. The covenants�3 agreements of this '.. :. _.��
<br /> ,,. �_ � Seca�u�}Tnsuument shaU bind aM.benefit the successors and assigns af L.ender and Borrower. su���.�to the provisions of • �
<br /> pat��-w�+h 17. Borrawer's cove�aaas and agreements shall 6e joint and several_ Any Borrower who co-signs this Se�.vrity -_-
<br /> ,,�i`=�.a, Insuument but does not execvte�tdie Note:(a) is co-signin�this Secutiry Instrument only to mortgage.grant and convey that �:E-
<br /> -E: .;;.?`:.. .. �
<br /> �_. .,:. Sorrower's interest in the PropeRy under th�ter►ns af this Secarity instn�me�;(b)is not personally obligated to pay the sums , . ,f
<br /> . �:_. ,,-- ,�,�,
<br /> ,z � , , ' .• . . ' secured 6y this Security Instrumen�and(c)agnees that Lender and any othei Borrower may agree to extend.madify,forbear or.• . ::_
<br /> .3—c /;� F����'
<br /> =• i�- :�••,�. ,-.; " make any accommadatians with regard ro the terms of this Security Instrurrie�ar the Note without that Borrower s cansent.
<br /> � �t,y,':�,��;m-. ::
<br /> :�. � � 13.Loan Chaeges.If the toan secured by t6is Security Instrument is subject to a law which sets maximum laan charges,
<br /> .;.�.,� . �,�;�•_,,.:.r .•
<br /> � �-�•-•f�%`��;:,,��::,,;. and that law is finally interpreted so that the interest or other loan charges callected or m be collected in connection with the •�
<br />'i- � 'F.
<br />.:;� �.�i-:�'y+�;�., loan exceed the permitted limits,then:(a)any such lo,an charge shali be reduced by the amount necessary ro reduce the charge
<br /> .���:x`''"' � �y i : � to the rmitted limit:and(b)an sums alread calleeied fram Borrower which exceeded rmitted limit�wiU be refunded to
<br /> w•.�.,:�°,.,�.,-.. Pe Y• Y P�
<br /> �� �l�:�'� ; �... :��: Boaower. Lender may choose to make this refund by redueing the principal owed under the Note or by making a direct
<br /> .����;,,�-:
<br /> ., ��.!:;,r:��y� - payment to Borrower. if a refund reduces prinripal, the reduction will be trcatcd ac a partial prepayment without any
<br /> ��`�"�`�`'''' '� r a ent char e under the No1e. '
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<br /> 14.Notices.Any notice to Bnrrower providcd for in this Security'lnstrument shall be given by delovering it or by maiiing
<br /> . •'�`'`'�•< .•'' : � it by first class mail unless applicabte law requires u1e of anather methad.The notice shall be directed to the Propeny Address ' .
<br /> , `'`���_-;•:: `:�;� ' or any other address BoROwer designates by notice to Lender. Any naticc to l.ender shall be given �ay first ciass mail to
<br /> • -''' •�:'- Lezr��'s address stated herein or any other address Lender designates by n��tice u�Borrc�wer. Any notice provided for in this
<br />�� ,��":••::� Secu:�3y instrument shall be deemed tn have been given to Bc�nower or Lcnder when given as provided in this paragrapfi.
<br /> —_��� �• �' 15.Governing Law; Severability. This 5ecurity lnstrument.shall bc govcmed by fedcral law and the law of the,
<br />, •��ia«s�.•�.. . . ..
<br /> - ---•r;'�•'•� jurisdiction in whicie the Property is lacated. In tite event that any provision or ciaose of this Security Instrument or the Note
<br />-�� ri:��"� �� � � cor�t�icts with appCcable law.such can0icl shall rtot affeet ather pn�visions of this Security lnstrument or the Note wfiich can be , •
<br /> « �,...�;.:.,•,• .
<br /> - �:�;;r„�-;;,�..., gicem effect without the confliclin�provision.To this end thc pmvisions nf thix Sccurity lnstrumen�and the Nate are derlarcd
<br /> �'���rN�.:���• to be severable.
<br />' ,�. 16.Borrower's Copy.Borsower shall br�iven onc confurmed copy of thc iJntc and of this Sccurity Instrument. .
<br /> � Fam 3�28 9180
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