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<br /> :' P4jiwrs�y aQ tayei�b�e�eqri�ad,at tre oqioa c[t�Eader.if aio�fi�ie i�eaioa cor��t5a - !ai°'d ,. .
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<br /> `*it t�dMr aiqr�itrs?P�'ided by a�r�eer ayp�uvad b�►i;p4�api�s�eoo�es av�Uk+�is ablw��:Do�ro�wr i�� . .
<br />. < . y�e p�an rqlind a�wiMria aa�/ye i�weMOe i�tl�t.ar�pea►id�s iors�ve,wtil tie���t f4e�oi�t ' �. . .
<br /> �i�r�oe ad�ii�c�Oo�l�eos irAh�ig.�rriKea apees�t be,tNSe�,�or��d t,ender arappiierblt h�r. �
<br /> . . ����o1f�..Leadea or m a�eat m.�►aaka�ea�ooi�ie�or�a upon ao�1�p�ioas af a�e r�opaty,cead��h.0 y�►e ` '� .
<br /> � Boti�owet uotioe�t t6e time.olor pricc to an fiarpe�tioa�i�.�ne�oi�hl�e�cau�e fcr tl�e iypecticn. ,
<br /> . 1�.��tM�.1Le procaeds o£�ny a�raN a cl�em fat d�.diiect ar oomequarcial.in 0000ectton�itb ary .
<br /> ` �a ar otiiar t�ot�ty put of tbe Pmpe�ty.a for ooavey�oae in lien of 000demrtan,m hetebS�ari�Oed�d .
<br /> - ahd�be prid!o I,sndei., _. . ° .__ < <.._ '_ - . •
<br /> io 1�e avtet of s tahl Wd�of the Pmperty.tLe prooe4ds s1dU 6e applied to ttre Wms secured b�r!Ws 5+e�ricY I�humeot•
<br />' __. ___+wbclhar w uat_t6ea due.+rit1►an�r e.xara�id,00 Hocra�ver. In_B��mt of a.�utiil tai�iog gf d�c Pm�spr ia which dfe.tdr_: _'_�,___, _
<br /> y ; arrket value ot t6e P�opaty imnmdiatelY befueeab�Wann�is eq�W tn or g�nter tlun�tbe aaeount af tlr�san�saviod by tbis
<br /> � Secmitr taq�oma�t immqdi�dY befor�e tbe t�kit�,�ok�Ba.o�veraad i�ender cdiawise�ne in writtaa.dia wms iea�eied by,�.
<br /> �t6is seauity r�umqot s�u ee�+eduoea by tbe amounc or afe preceeds multiWied bs►the#'ollaovtng fixdon: (a)a�e wta�
<br /> .. , amomt'o�We aros seaued imaiediately�beFoe�e tbe t�icy,divided bY(b)tbe fair m�rlcd v�lue of tbe P�+c�paty in�e�i�tdY
<br /> bdore drc taj�ios. Itipy 6d�nce s6�tl�be pid ta Horrower.In t6e eveat uf a petial raldog of the Fmpaty in w�6ich the f�ir _
<br /> r�vah�e af tt�e FroQatp immodiatdy befot�e tbe talci►�is ks's than tLe amoaat of d�e sumt seauod imr4odi�tely befae tLe
<br /> ,hEit�,unfess Bocm�er and lrader otlierwrise�g[ee in writing'or rinless applicabTe I�w uth�envise provides,tlu pcooeeds sdaU..
<br /> be applied to thc su�savned by tfiis Security Ias�umeat whet6er or mt tLe sums�re A�due. .
<br /> � If tbe Piopc�ty'is.abandooed by Borznwa.or if,�fter notice by LaKier to Bormwer tl�at We oondemuor offas w make aQ. .`
<br /> t�rard or settte a ci�im far dut�ges.Bonnwa faiis to tespuad w l�ender witbia 30 days after the d�e the Aotioe is�iven.
<br /> �Lenda is�uliorized to collax�Ind apply the pc0000ds,ac its aptioa;eittkr to t+estoration or t�ep�ir of the Prupe�ty ar w the swms.
<br /> se�utrd!sy tids S�cority L�m�c,w1�etLer ar not tl�en doe. ' . . � .
<br /> Unku Lender and Bor�owu othecwise sgt�ee in wrldng, aay appticatioe of prooeods to principal sl�all not extend or
<br /> postpane tlie due date of the mosNhly payme�ts rtfermd to in patagraphs 1 and 2 or d�ge tLe�noant of sucb paymeets.
<br /> 11.eon�wer Noe twea�ed;Foc6auasoe ay 1.esaee xd s w�t�er.Exteasion of the time for pnymeat or modifiauion
<br /> of amoni�Cion of tbe sums socarod by this Socuriry Instcument grantod by I.ender to aay succasor in intt[�est of Borrower shall �
<br /> eot operate to�ekue the liability of the original Hornnwer or Bortower's suoceswrs in intetru.l.ea�der sball mt be�uircd to.
<br /> � m�e procoodings against a�ty successot in intecest or nfuse to extend time�far payment or otlkrwise modifp�norti7atian
<br /> � of thd sums sewred by this Security Insuument 6y rea�ua of any demand m�de by tUe original BQrrower or Bomowes's �
<br /> sucassors in inte[at. Aay forbearance by Lender in exereising any right or remody si�al! not be a wsiver�f ar prectnde the
<br /> exe�sise af aary right or remedy. � •
<br />- - . 32.Suoe�ssors aad Ass�gns Bound,Joini and Sevent L�abilityi Co-�as. The covenants aud agrxments of this _
<br /> • Security Insuumenc shall bind and benefit the'successors ancl assigns of Lender and Bomower.subjoct ta the provisions of
<br /> par�graph 17. Borrower's covet�ants and agreements shail be joint'and several. My Borcowu who oo-signs this Security
<br /> Iasuument but does not execute the Note:�a)is co-signing this S�nrity Inmument onty to mortgage.grant and convey that
<br /> Borrower's interest in the Pn�erty under the terms of this Security Instrumen� (b)is tx�t personallY obligatod to pay tht sums
<br /> secured Isy this Security Instn:ment:and(c)a�es that Leader and any ot6er Borrower may agree to extend.modify.forbear or
<br /> make any accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's consent.
<br /> 13.I.o�n Chaiges.If the loan setured by this Security Instrument is subject to a law which sets maximum loan charges.
<br /> and that law is finally interpreted so that ti:.interest ar other loan charges collected or to be collected in connection with the —
<br /> loan exceed the permitted li�YS,then: (a)any such toan charge shaN be reduced by the amaum necessary to reduce the charge '-
<br /> to the pertnitted limit:and(Er3�any sums already collected from Borrower which exceeded permitted limits will be refunded to '
<br /> Borrower. L.ender may choose to make this refund by reduring the principal owed under the Note or by making a direct
<br /> payment to Homower. If a refund reduces principal. the reduction uilf be trqted as a partial pr�payment without any
<br /> • prepayment c��:under the Note: • � ��
<br /> 14.Notices.Any nor.�::�Borrower providcd tor in�his Security Instrument shatl be given by delivering it or by mailing :-
<br /> ii by fiTSt class maii unless�-:icabte law requires use n�::�other methc�d. The notice shall be directed to the PropeRy Address `'�
<br /> or any other address Borrouer designates by notice t� P'ender. Any notice to l.endcr shall be given by first class mail to �"
<br /> I.ender's addn�$tatcd herein ar any other addresy Lender cicsigna:�s�y nutice ta Barrower. Any notice provided for in this -
<br /> Security Instr�ent shall be dcemed to have been given to Borrower aa II.:nder when given ac pn��.ai:d in this paragraph. �_
<br /> , '15.Govecntng i.itw; 5everabllity. This Security lnstrument shall be govemed by f�:cral law and the law of the
<br /> ,y��ction in which the Property is lacated. In the e�•eat that any provision or clau�af this Security Instrument ar the Nate �
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<br /> contticts a�ftt�applicable law.such canfliet shall not�ffec�other provisians of this Sv..:riy lastrument or ihe Note which can be _
<br /> given effea cr."u7�t the conflicting provision. To this end the provisic*ns of this Security Intitrc:nent and the Note are declared
<br /> to be severa€rfl:. �
<br /> 16.Borrower's Copy.8orrawer shall be given one confarmed copy of the I�ote and of this Securiry Instrumem. .�,
<br /> � Form 3028 8l90 c::
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