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<br /> � coaaemidas cc aiw at�ia�af ang t�ec af We rtopeiry,or fo�r eoaveyaace e�`lir�cf ooeddinapon.a�e h�y�.� � <
<br /> f6�U 6e p�id b,Lalde� � ' � _ ' .• :� `
<br /> ' In 16e eveat bf a toW p�laaE of tl�e Ptoperty:1he p�oeeeds slialt•1x�:P'Plied W d�e sums�ocured by d�s Sec�itY
<br /> � ' lmmnime,n4 wirci6er ar not tbeb doe,with any e�onesc psid to BoQOwer. In�+e erent af s�rtial nirin�ot�Prope�ty:in ; , ,
<br /> — - .-�ic��e f�itin�titet vai�et t�e PrflpeR�ut�r�eiybefa�e the saking i�s equal�a ar aera�ecth�tlte amoazK of d�ir.smns .. -
<br /> � • � soaqed 6y this Securiry Instr�cat immtd�teiy befexe the t�g,upkss Bormv�er and l�aider abe�v►nse a�e i�writ�n8� .
<br /> the smns se�tiiM Dy this Se�vrity Iaminnent shalt be teda�xd by the amau�t of the pmceeds mult�pliaf bSf dK fdbwinE .
<br /> � fnc.tim (aa tbe�amamt of t6c sums secu�d ima�d'istely befae tbe.taTcinB•divided by ib)the faa mufce�vtla�c oi the
<br /> _ Pto�pecty inunediately befae the nicing. Any tiai�aix s�ail bc gaid to Bortower. Tn Ufe event of�Q�ti=I t�ting isf tl�c ' �
<br /> ptnpetty in'vv�icb the fair msctcet valae of the Ptoperty irtu�diaretY befae tht t�n8 is kss tls�m_the�mow�E�f.the sums . --
<br /> ..-"_-` - secured irot�di�ety befo�the tatiag.wkss Barnwer atd l.etlder other�rise ag�e m writing ot�unkss applicabk bw
<br /> otl�w;se poviaes,the pnceeds sh�n be applied w the smns satmd by t�s socuriry Insuumcne wl�al�or noe tbe sucas are
<br /> then doe. '
<br /> . If the Ptoperty is abau�dooed by'Bamwer,ar i�after�by L.e�er to 8amwer d�u the candemnor offers w maice
<br /> �awaN or sdtle s claira for damages,Barsower fa�7s to respond to I�erder within 30 drys afber ttie date the ijotice.is given..
<br /> Lerder is autharir�ed w colkct aad�ppiq tBe pnocads.at iu opaan,eithtr to rcstaation or tepair of tbe Propecty or to the �.
<br /> sums senue�d 6y this 3ecmiry Instnmte�u,whaher a not ttia►due.
<br /> Unkss i.eadet and Bamnwer otherwise agcee in writing.anl'_aPPlic�°°af proeeeds to pcincipal sl�atl na eatend a `:.�'_. ,
<br /> postpon�ib�dae date of the monthly paymeats afeaod to in pa�agraphs 1 and 2 or cUange the amwnt of su�h payments.
<br /> il. �orrower Not Rekasat; Forbarasoe By I.ende� Not s Rbdver. Extwsion of,the tIme for payment or
<br /> modificatian of anmttization of the sums socured by this Ses�uity Insuumrnt granted by Lender to any succasa in inurest
<br /> of Bamwa s6all aot operate to zek�se Wc I'i�bTty of tha origawi 8a�ower or Bomower's sucassors in inteRSt.l.ender
<br /> � = st�a1I noc be�equuea w�,oa p�ocoeaings against any suocessor�n inte�st a nfi�w extena a,ne for paymeat or
<br /> othe�vvige modi�y�n�a�arion of the sums secured by this Seeurity Instrument 6y rFason of any demaad made by the originat
<br /> �`i":�'+' &�rrqwer or Bact�e�s soccessas in inurest My farbearai�oe by I.ender in exencising�y ag,�t or remedy shall not be a •
<br /> . . . �x,�rcrv�f a p�ciadc�d�e exe�ciseof any right or remedy. ,
<br /> : '`'�,:I�.�S�oc�s�imd A.Y�i�sBo�sd;Jdnt asd Several Liabil'�ty,Co�eers. 'Rie covetlants aad agonnrnts,of ih'u
<br /> � SoCurity Iasaumen[sfiatl bmd and�fienefit tbe successors and assigns of Lender and Bom��cer.sabjaet to tho provisions of
<br /> �►arageap6 17.Boauwers cav����ts shall be joint and several. Any Bomower who co-signY this Securiry
<br /> -- ' Iastnntknt 6ut does na execute tlr Nate: (a)ts co-signing t6is Security�ent ody w mottgage g�an[ar�d convty tbat . _---
<br /> Barower§inucest in the Ympee.y under the terms of this Security Instniment: (b)is not personafly obtigated to pay the sums • _-_
<br /> -- - — � secund 6y this Security Inst�umatx and(c)agras that Lender and any other Borrower may agnoc to extend,modify,fwbear -__
<br /> __- = or make any acconunodations wnth regard.to the terms of this Security:Iasuument or the Note witlwut that Bomnwei's � ="
<br /> --- — � �-
<br /> _ ca�sent -_---
<br /> -- -- 13 Loan CNa�es. t£che loan secured by,this 5ecuriry laurument is subject to a law which sets mauimum loan -__ _
<br /> _ - ---- c}�arges.u�d that iaw is finalty.'uterpteted so that the intenest or other toan charges colteMed or to be collected in connectian -- ---`—
<br /> --- with the loan exceed the pem�t�l limits.then: (a)any such loan charge shaU be reduced by the amonqt necessary to�oduce
<br /> — the charge to the pemiitted Gmtx and lb)any sums already collected from Borrawer which exceeded pecmitted limits will be F"°'°'�""'
<br /> ��r " nefunded to Barower. [.ender may choose to make this refund by reducing the principal otived under the Note or by maicing a. o_---�--_
<br /> � diroct payment to Borrawer. ]f a refnnd reduces principal,the reduction will be d'eated as a partial piepayment without any �"'"��
<br /> — �� . � r.�.�=:-
<br /> �: : t^ �;, prepayment charge under the Note. . �-�,,:
<br /> =' •"•;�,� 14. NMktis. Any notice to Borrower provided for in this Securiry insuument shall be givezt by delivering it or by � ���. ;.,�:�. —
<br /> ��: ,;,c .::�y:``. ma�ling it by first class mail unless applicable law requirec use of another tnethod.71ie naYsce sha116e directed to the Property : —_
<br /> �, ° �'�` Address or any other address Boarower designates by notice to Lender. Any notice to Lendet shall be given by first class
<br /> � � i��',"'���•'�• mail to Lender�address stated herein or any other address I.ender designazes by notice to Borrower. Any notice ptovided for � '
<br /> �v '�y'+:y.+"'�'� w n iven as rovided in this � , y
<br />— :,�;�,��� ' i n t h i s S e c u r i t y d a s u u m e n t s h a l l 6 e d e e m e d t o h a v e b e e n g i v e n t o B o m t w e r o r L e n d e r h e g p ; . �
<br /> ,++��';��,;, P�B�Ph• �
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<br /> � +'�:.�'.�,;: iS. Goveraing Law;Severability. This Security instrument tihall be govemed by federaf law and the law of the
<br /> �,�.,.;..
<br /> ,�;�•;.•.'� juasdiction ia which the Property is tocated. In the evedt that any p�dvision or clause af dais Security tnstrument or the Note ••. '.i, � �
<br /> - == ;:;:' : �.; conflicts with applicabte taw s�ch sonflict xhaU not affect ot�,er provitiions of this Securitc dnsuument or the I�Iote which can ''�:'•�.M7
<br /> �.. t- ''�°�.>;c
<br /> ' 6e given effect:without ihe conflicting provision. To this end the provitiions af this Securit}� in�trument and the Note are � -� ,'�:��..
<br /> "-Y;;..: � ,,; ' � declared to be severabte. . }. ..... ... �, ..
<br /> .��'�: ��'•_ 16. Borrower's Copy. Borrower shall be given one conf�rmed copy of the Note and of this Sec��s�,Instrumen� � , ��
<br /> - � ' 17. 'llr�nsfe�of tfie Properly or a Ben�cial lnterest in Borrawer. If all or any part af thr Property or any interest in � . .
<br /> •,+�4.".1,"i � ..
<br /> it is sold ar tra�ferred 1or if a benefcc'ial interest in Borro��r i�sald or transferred and Borrawer is not a natural person) � �
<br /> ~�'�r='�:;" withoDt Lender's prior written cansent.Lender may,at it�c�tion,reyuire immediate paymcnt in full of ad sums secund by }�.:
<br /> —.' •-Y.;• this Security Inswmeat. However,this opuon shall not be exercised by Lender if exercise is prohibited by federal law as of .. . .�
<br /> r. _._ ..
<br /> ^�*�•'��=�'. the date of this 5�'�cy Instrument. r . *`+, �
<br /> '-`�4'`°� If Lenderex.�cises this option,lxnder+fi►all give Borrower not4ce of acceteration. The notiee�lz�71 provide a period of �. , • ,' �.�_r
<br /> _�r'�'=`-' -
<br /> • �+.•.- = rwe tess than 30 days from the date the notice is delivered or maited within which Borroacr must pay 514 sums secured by this �
<br /> Seeuriry Instrument. If Borrower fails to pay these sums prior to the expiration of[t*.i+ period. L.ender may invoke any � . _
<br /> ''�� • remedies permitted by this Security Instrument without funher notice ur demand on BonoH•er. : �� •��-�.�- - - •
<br /> K-1...: .. •
<br /> 18. Borro�ver's Right to Relnstata (f Bonowet meet.r certain conditionc. Borrower shaU have the right to have ���
<br /> ' enfarcement of this Secudty lnsmiment discontinued�t any time prior to the eadier of: la►5 days(or such other period as � . .
<br /> r - .
<br /> -- Singie Family--Fannk�1ae/FredAk Siac Cti1PUli�11�ti7ItC�fE�T--Uniform Co�•enant. 9t9s Ipu�e 4 njb pu�e�1 w '" •
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