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<br /> ccx�detra+wkin�nir ail�cr uicin�nf�ny 8wt of�ha Nmperty.ar far r�nvoyrna le liwc u��acn„rro t�r'�rsi�ned rd
<br /> � s�l!be pnid ta I.ead�er.
<br /> In the avent uf�aNa! tak�oP tho P�ro��atY.the ah�lt bs app{iad ed..tNe �sunw tiacutr�'!7 tFus 3ec�uriQY
<br /> LwtruaKnt.wbetk�er.�r nat dbn�k�t�with any s�w p�Hnrt+awar., Ia 1fir+event d r prtir dd�of eM�ro�1�M ��
<br /> whirh the l�Ir mrket v�lue ot the P�oparty i�cly b�Fi7�=la tAkin�1�oquel�a or 6re�MC Mw�dK aiaoont d�ire -r
<br /> sccuned by d►iY 5ecwity iratcument itn+�rcfi�lely befas tAe t,atiu�.uhfers 5annwx and lwedrr a1MNwiw�we i�w�i1M+�,
<br /> tfie wm��acurod 1►y thk Smcudiy Tn�aument rh�ll�be roduc.�ed by dws arnount u�tbe prna�b mu�b!r�laibMMy •.
<br /> �-,�_--- -- _, _--___-,� frart�n: (n)�4►e tnt�!P!m�!nt oP�M��my ee�:u+dd immedklqlv 6ef�rr,the t�icin�,dtvkiad bv(b)tha t�ir aw�icCt vdua o(�he
<br /> _ Propeny ia�nrdiaklr befue tht t�klnR. M�r b�lwnoa a�E�b�p�W w Barwwer. In she evest o(��rtl�l�d tIM
<br /> Propecty in which tlpe fd�ma►ket value uf tYre Pr�opeiiy lmmedi�ely be►nre the tddn�i�la��en tf�e ranount d wn�
<br /> secured lmmedtuely beforo tl�u�cin unk�s Ban+owcr and l,ender aherwine apoe in wridn�,.�x ualeee �ppticable ta.w
<br /> otherwise provide��the pinceeds ehall��ppli�od ta the+tans sarw�d by thls Security Imuum�+�wlwykr ot noe the swn aro
<br /> then dur.
<br /> IP the Property is abaiuia�ed hy BormweT,oc if,�fcer noti�a by l,enckr ca Elorro,wer tiwt the coede�mor ofien to maka
<br /> �—a— an aw�ud ur ser.k.a cl�im tor da�a�.liosmwer feils to resptMtd t�1,et�d�et within 3(1 day�atter tfie dMe the itotke L�iva�,
<br /> Lender ia authorized to coltecE�i tppl�r tht proae�b,u its optian�pitlxr to nstorition or np�ir of tht Pn�perty or to Iho
<br />- sums r+ecurcd by this Security Instrumrnt,whetber or not Oxrt dne.
<br /> Unless l.ender and Barower aherwise agn�in-writing,any n ication of pmceeds to principrl slWl net extend ar
<br /> posippn�the due date of the snoathly paymrnt�s�efemcd w ln pata !and 2 or c6iage the ursoune of such paymena.
<br /> 11. Bor�rower Not Rel�a�ned; Fb�bearA�ce 8y l,ender Not a�Watrer. Ext�nsian of the dmc for �yma�t �r "' �
<br /> modification af uaw�tization of dxt swns,sQrutad�y this Seeudry In9rivment granted by Letr�der to any sucoes�or in in�erest.
<br /> � af Borrowct shall t�ot opciat�to cekasa�fi:..liobitity of the origin�l Bormwer or Barnwer�sucas.iors ia interr.st.t.rnder
<br /> , shail not be�equuai to com�nencc pra�edic�a�sinst any surce�sur ir�inter�t or i2fuse to exierid tt�e far p��t or
<br /> otheiwise mpcl�fy amottlzation of the surm9 sectuod by this Scxuriry Instrumet�t by nenaon of any demaod m�de by the aigin�l
<br /> ., Bmrowec or I�attnwer�successors in inrr,�est..Any forbearance by Lender in exerctsir►g any right or[emedy ahaU not be a
<br /> waiver of or pracEtde the cxcrcise of any dght�ar remedy.
<br /> 12. 9roct�.aopn asd Assi�n Bo�nd;Joint�nd Severai Ll�hilit�;Co�ners. 7he ccwe�Ants uKi agr.ements af this
<br />� Security Instrument shaA bind end ber��t th�snccessors iutd ussigns of Lender and Hor[owcr. subject to the provisions of
<br /> � Qarag,raph 17. Borrower�s covanants and,ugreements shnll be joint and several.My Bomawar wtw co-signs tbis Socority
<br />:`1 lastrument 6ut does noe execut2 ttre Nos$: (a)is co-signing tbis Securiry Instrument only w mortgag��ant mnd ooAVey that
<br /> Burrower's intcrest In the PKap�rty u�the term.s of this Security Instrumen� (b)ts not personaliy obligated to pay the sums
<br />';� secuted by this Secutity Instturnent;aad(o)agcees that I.ender and ssny other Bomower may agec to exttnd.madify.forbear
<br /> --- or mnlcc any flccommodations w[tta•regard to the tertns of this Securiry In.guument or the Notc �vithaut that Homowerls
<br />:�;:
<br /> consen�
<br /> _ _ _, 13. f.oan Cfiarges. li'.the loart seeured by thls Security Instrument is subject to a law which seta ma�cimum loan
<br /> cY�arges,and that!aw ts fu►�t�y interpc�eted so that the interest or other lopn charges caneMed or w be coll�in con�xeHon `
<br /> ' ' w3Th the loan eaceed the pemtitted linaits.then: (a)siny such loan charge shall be ralLced by thz omount na�tssary ta r�ae
<br /> ��;`. � �the charge to the perrniued limtt;and(b)any sums oltrady coUected from Borrower which exceeded permitted 1'imitc will be
<br /> ��. � t�fLnded ta$on�mv¢r. Lender may choose to make this refund by reducing the principal owed ureder the Note or by enalcing a
<br />��� ' '�iirect payment to Aormwer. If a refund reduas prtncipal.the reducrion wiU be tmuted as a partial prepaymeM without uny
<br /> •prepayment charge u�er the ATote.
<br /> � 14. Notias. Any notio�ta Borro�ver pmvtded for in this Securlty Insuument shaU be given by dellverici,�it or by
<br /> I •m�Wing It by fi�st class mail unless appGatble law requires usa of another method.'Che e�alce shall be directed to tk�c Ptop�ty
<br /> Addrtss or any other udd�ss 9ortotiver designates by rtopce w Lereder. Any not�ce w Lender shaU be given by first class
<br />_ � mail w Lenderk address stated her+ein or any ather address L.ender desIgnates by nodce to Boirower. Any nodce pmvldod for
<br /> - ! in this Securlty Insnvment shall be doQmed to have been given to Batrower ar Lender when given us provided in this
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<br /> i p l�S. C�overning Lav�•;5everabilityi This Security Insaument shall be governed by federe! law and the law of tha
<br /> � jurisdictlon in which th:�'toperty is located. In the event that any pmvision or clause of this Security Instcument or the Note
<br />_ „ .� � conflicts with applicubl�Jaa,such conflict shall not affect other provisions of this Serurity Instrument or the Note wh(ch cxin
<br />-�R>• be gtven efferrwi�haui the confllcting prorision. '[b this end the pmvisions of this Security Insuument and the Note are
<br /> ',`; �� � declared to be severntule.
<br /> • 16. Borrowerrs Copg: Borrower sha11 be given one conformed copy of the Note�nd of this Security InstnunenG
<br /> � 'r'`h `� { 17. 7hansfer op the��nperty or n Beneflcis�t Interest in Borrower. If all or nny pact of the Pnoperty or any interest in • "
<br /> ?'`'�"4'�'���� it is sold or transfemed�,or if a beneficial interest in Boirower is sold or transfer�ed�nd Borrower is not u nanual n) -
<br /> �.�r.. .. .- Pets° -
<br /> �t�'�� without Lender's prior writtan consent.I.ender may.ut its option,requlre immediate payment In full of all sums secured by
<br />- 4f.,.�c, , _
<br /> �t:,;tt`' this 5ecurity Instrument Nowever. P Y P Y
<br /> `" � �!E�t'� this o tion shall not be exetclsed b L.�nder tf exe�ise is c�olubited b federnl law as of =
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<br /> �`n, SN(���"?�'?. the dAte of this Security 3r:suumenc. c
<br /> '�j;.`;.-;. ' If Lender exercises this optton,Lender shall gtve Borrower notire of acrelerauon. The norice shalt provide a period of �
<br /> ,«� �- not less thart 30 days fmm the date the norice is deliveced or mailed within which Borrower must pay nll sums seeured by this
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