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<br />-ti:. •fnstnunem.�vhether or not�en due;anth nn}�excesa ps€d�Co Borrnwer. Ia sha e�ent o�u ga�tial L�ting�oY.dza.Pkvperty tu .
<br /> _ _ . �pi• • whIch dhe fslr mas�e'i vatue afi sha Ptoperty.immeediatesy be€on the t�n�is alual to or gieatet than the amo�t o�tha sums .
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<br /> � <`�.::}:-�_..�... �� sec�ed 6y tbis S�anrir,r tasstiuuieaklm�ediate�y,�efor�fhe takIng,untess�nrtower and.l6et�dcr ut�e�ise agsee ics�v-r�ti�g, -------------
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<br />-_ -': �`ay�,, the sums sesuned by this.��curIry tnstmment sha!!6e�dvsed by t�amaunt of ths p�ds mcitt'pli�d h the foIIotvtn� • —__----
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<br /> < �� `s, ..,,, _.,. . � fisstion: (a)the uftat amount of the sums sec�d immediateiy 6efoie the taking,divided bJr(b)t'�e f�is vafue of tIi:.-. ______-______
<br /> _.�� � _ ,:` . : Pragenty immediatrdx 6efute tbe taldng: AnY batance sva�be paid to Borrawer. In f�s eveni of a araial taku►g.o€tS�e
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<br /> ' .: . �`;`:'` secu�d immediatety befare the.talQrig,uNrss Bosmwer and Lender otherwise ag�ee m�riting ar unte�s applicable law _ �
<br />_ � ```,; ` ;,=� - . .aihe�wise provides,the piooeeds sbal!be appLEd to ttte suras securEd by this Secamty 1ns4roment wh�thet or not ths sams ace =-_-==-____- __..
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<br /> ��'� . �r ? '�� Ef t6e Prn�eny is a6a�Jctned iry Boaower,or,i�a�er aotice by Lender to Baanwer that the coademnor offera to make = —
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<br /> .; •.:.: ...i° ` ...`:;�'; , . - aecessors anQ Asgigos HouQd;domt�aad�Seveiai LF�aDility, �� er�:�Th�cavenants and-ag�eementsofthis� - �` � ----
<br /> ; ,;_.'., - Security lnstrument shaii bind and benefit the successors and assi of I.e��r and Bor�uwer.soblect to the provisians af •R�� :•�'�.�-`----
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<br /> ��`..� paragrnph 17.Borrower's covenants and agreements ahall be jomt and seveial.Any Borrower who co-signs ihis Security ��$� = ---
<br /> - ��,�;���� ' (nshumenf but dces not execute the Note: (a)is co-s�gning this Seauity tnstrvment only to mortgage.grant and convey that r �� �_
<br /> ` � y`�` Borrawet�s intenest ir�the Fmperty ander the tenns of this Security U�swmen� (b)is not persanalty obligated to pay the sums ,��"�•W -
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<br /> secui�ed by tbis Security Inswment;anA(r)a�reZ.s that Leader and any other Borrowermay agree to extend madify.forb�sr ,,.: ,i�.���
<br /> _ or make any accammodations with regard to the te�ns of this Security lnstrument or the Note without that Botrower's �:;ry��.`' ;;
<br /> . . ` � . '; consen� � :t.��„f "
<br /> ••�r' . • 13.Loan Char�es. If the loan secured by this Security In�tniment is subject to a taw which sets maxienum loan ';�..:;..�-;-
<br /> � � � chatges.and that law is finaliy interpreted so tbat the interest ar other loan ch�es collecteA or to be collected in tonne�tion °�.�f�`'
<br /> � � • � ' with the Ioan exceed the pertnitted IimiGs,then: (a)any s�:d�loan rharge shall be redaaed by the amount necessary toreduce �����F'�;;
<br /> ' ' � , , the charge to the permitted limit:and(b)any sums alaeady wllccted from Borrawer which exceeded pem�itted Iimits wi11 be '•,.�
<br /> ' . refunded ta Borrower. Lender may choose to make this retund by redacing the pdncipa!owed under the[Yote or by making a ' F
<br /> � ` ` • • .,. d"uect payment to Sorrower..If a refund reduces principat,the reduction will be treated as a part�prepayment without any _
<br /> ::'�::%:;:'.; . ' • ptepayment charge under tFie Not�. •
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<br /> ;�;'' '�"��,:���,�.-•- 14. Notices. Anq�notice to Borrower provided for in this 5ecurity In:;nvmene s�all be given by detivering it or by ; :-_
<br /> . � ; ' . • mailing it by firsr class mai!unless applicable!aw requires use of another method.The notice shall be directed to the Ptoperty i�.�;!. ,.;
<br /> .4, . , :';;;}:•,:.:,±..;.:�';':
<br /> '' ` .` Address or any other addr�s Eorrower designates By notice to Lender. Any noace to L.ender sha116e given by first class , ,,,..,: �.
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<br /> • .,''',;'�_..-:'�:'•�;;..��.�..�� mail to Lender's address stated herein or any other address Lender d�ignates by noticeto Borrower. Any notice provided for •.a,;;,;-�;, - ;•
<br /> "'. ;,i; : " , in t II�as Setucity Ins t r umen t s ha(I b e d e e m e d t o h a v e l o e e n g i v e n t o B o r r o w e r o r L e n d er when given as provided�this ;'';;', ;.: : �f. A
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<br /> , 'r,,,'tr,(;Y;,' -.:,' . ������eti��f.����SVers�bility. This Security[nstrument shall be gove�ed by federal law and the Iaw of ttte � , I.6,�'
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<br /> ��,��J . • ,��isdictior_i�a whici:t.�e]P'aq�t,y is located. In the e�;�-��:tiat any provision ar ctaa�s.°,of this Security Instrumecre eathe Note ' ,� ' ' �' r !.
<br /> . .`, yt�'^;;,,, : � : ;.. :'• rx.fL=cts;a•:4t appficabte���,:syeh confiici shalk net aK�:c�other provisions of this 5�rity Instrument or the I�icxas which can ,t , ,�� r�-i
<br /> f��,;. '�A��'� : � .'be given e�fect without U.t co�.t7:CI:[L�,tNL'S.SIl1I1. To this end the provisions of this Security Instrument and t;ie Nose are . ^ ' : ;��.�+p.�,�Jr�+>.
<br /> �z ;:. •.',.�,�t�t�., d:ctared to.l.e severable. �°��.%"#t�`:
<br /> ;4 s,�.� ; • ' 16 Borrower's Borrower shail be jven one confarmed co of the Note and of this 5ecurit Instrument. ` '����'{�
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<br /> � � r��t�3�a,�'�: � 17. 7lransPer of t7�e�perty or a Beneficiai In¢e�rest in Borrower. If all or any part of the Propeny or any interest in ';W.:�:�,� . , .,:���;�-
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<br /> ' •:.s'��:��%� � - � it is sold oF transferre�;�:,r if a 6enefscial interest in Borrower is sot�i or transfe�s�ed and Bormwer is not a coatusal person) ��,;�H�� ''�'<
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<br /> dt,:,:�, � , ; without Le-s.%a's prior written cansent,Lender may,at its option,require immediate payment in full of al1 sum.s secured by ,,,;r;,,., .... �. •
<br />_;��+� � • � this Securir thstrument. However.tbis o tian shall not be exercised by L.ender if excrcise is prohibited by federat luw as of �?"�
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<br /> -_�.• �. •. . •• , ihe date of(is Security Inswment. p �`�';�:.� • • � .
<br /> • If Lender exercises tEtis option.Lender shall give Barrower notice of accelcration. The notice shall provide a period of ►5'��x�:. . ' �
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<br /> not less than 30 days from the date the notice is delivered or mtited within which i3urtuwer must pay all sums secured by this k}t;rr;�; ., ,
<br /> � '. ' . Security Instrument. If Borrawer fails to pay these sums prior to the expiratinn of this periad. Lender may invoke any kc,.;�'�� � .. ..
<br /> � ' remedies pem�itted by this Security lnsuument withuut furthcr notire nr demand on Bnrrower. � '���` . , . , '
<br /> � �'i, . ' � ' 18. S�ocr.clwer's Right to Reinstetr. If Barrower mcets cerwin canditions. Borrower sFa[l have the right to have �� ,.
<br /> '•'•�� • • � enforcement•of this Security lnstn�mrnt discnntinu�d:�t any time priar to the earltcr af: la)5 dayv(or such other period as �
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