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<br /> , . . . . 7 a��'��.:.r,.^''���� �S� iiiM . . .
<br /> , � c��i.art or stber t�f�.�t�� y, � ,or Fa:canveparir.e in iien of cortd�tIo�ace hete5y �cd _
<br /> , `�,�a11�p�to 0 en�sr. �,,. `;�<<�,,�,,t��; ' `r-��i�,.,< <. . � � . .. +
<br /> . tn,tt#�:eve�.of a -9•;��a �'a� ' `:-:�� �:;���pr�ceed�sY�a�.t be�p}ied tti th�yums�s�cusad'by`this`gecudly�' .
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<br />-.-. _— . , ttssttttm��t,whethr.r�ao��� , �,,(,.::�1��xbess lraid,m�ormv�: ir��e�r�u�Uf'��ai t�t'�'r�,s:`�ge�,�tty ---- -
<br /> — � wt�lch ti`ie fair mari�et vatue l����°��Y�oie the tai�ing�ei�al.to oF 8r�icr ttr«t�tt�am��t er�,st��►�o - -- --
<br /> __ _ seeat�!ry t�is S Tns �.�`ar�d�e tats�g,�iiites.s B�imwer aad I.ectder atttQawise t+�ree in wr�ting, . �
<br /> <,-`��'���;'i ���;�e r�aced the amnua¢af the pYoc�eds mu�tipli�eQ Ewy the�olt�wing
<br /> -- ---�--� Ihe sums sepund b� • �'�� �"-•'':: �' �
<br /> —_--_- -=-_- fea oir: a the wtnF ''>�`�_�- �����`'::�:nir�itt tely 6efone t�e t�Tiag,divid�by.(b)the fair madcci va�ue qf di� .. ,
<br /> cti () a��?���'�>:�:t:�.• s��hall be 'd m Bosmwer. �n tTie enent of n pa�tia��tt�iflg of t}t� ---
<br /> — �'"� Pro�eity imnaediztely.6cfcf�^��;[�e�' y._:`::A2�'�.°`�e Q� , --
<br /> - ---,��.,�� �ropi:rty iq wtrich t�e fair��S?�x:°.�',���vn�ateIY befuie tice takino is�i�2A b'te�tacs�t csf dt��. . . _ _
<br /> - _ -- setured immediat�iy '�!b�' �r•,�:,r�:�wer ated<Len�ies attizryvise agtee in writing�unIess apgl'�bie taw . . =
<br /> - _-—__== othet�vis�providES,th$p ...^,;�.��:"�e�: ���.�snms sec�tted by this��uaty Iastrumept whother ar aot tltc sums oue _
<br /> ----- then due. , - '',�. ..� . . .
<br /> Ltl'!�'•:�.^:':;.:"��•._-�{h,�S�`.✓3':;?y:.:.;'` (
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<br /> ---- ---- ; If the Ptaperty is aban�s�ea�t�l��'�G�'s�:'���-fter.notice by Lesder 4p Bwtower that the e�demrivr o€fe�to�ttake .
<br /> ------ an awatd or sett�a clmim f�r'..:.�"�;'.. . `%e�resgoad ta�.ender cvithin 30 days�tes!he daie the itatice is givea. � .
<br /> --- ���' or to tfle�
<br /> -- I.ender�is authorized to coII�,�. t'�ie`�. '^'�^s�s_o,u�'oa,either to rest�ruinn or repair of tIic Pra�etty
<br /> . ��f �...-. , .
<br /> ____ snms secured by this 5ecaQitp�d��Ytze4�'�t'w��i's3�,e.--i a�
<br /> _ - � Un(esa Lendsr and�Boaa ��v,ise.�-;�+raY�;��;�9app�icativn of prooexds to prinsipal shall noi extend or ° .
<br /> - postpone the t[ue daze.of the mos���me�;:':��`��'�i��E�a�Ss 1 and 2 oi ebaage the,amount af such payments.• . ------
<br /> --- - � 11. Bnrmwer.Not Reteaf��::1���=��'��`'�at a Waivet Ext��loa of the time fa:-paycRent or
<br /> .rnalification of a�a�on of t�e.�,�s;s�atklfi�:;�'ss S--°^�3+�su�n�g�anted Dy Letcder[o any auccess�r in intetest
<br /> of Bomdwet sha11 nat operate�i�I:.�i����,sY`�+]�r:tif�the:�i�Borrower or Bmrovuer�s surcessars ia interrst:Leader
<br /> ���� f shall nat be requined to comneec��°,��-.s�,���az►y���or ia mte�est or refuSe to extend time for paymcnt ar � -
<br /> "� atherwise maiify mnortizasion of�+s,u�s �����is Security Ins�ument by reason of any demand m�e by the original .�
<br /> _'`,�"$}��r� . Botr�wer ar BorroNer's success�ors��:�'�L�arai►ce bY Lender iA exercising any ri�t or remedy shall noi be a . • __—
<br /> --- -_-- wntver of or preclude tlis ee�cesnise ai;`�:�r���i., � • - � -
<br /> - _ 12. Succes�o�s and Assigns�'.•�#r��'c��,�veea!fl.�ilit9i Co3igners: The covenants aml agreements of this _ . --
<br /> _ _ . Sauritjr Instn�ment shait bind and���'2.'`���ois aAd a��s of Lea�r and Borrower,subj�t to thc p�Wisions of _ --
<br /> __-----� P�EmPh t7..Borrower�s covenants���c��:a��t�iall•6e juint and seversl.Any Boriower who casigfs thfs Sectuity _ _
<br /> -__ ��+s insuument.but daes not execute the N62e;�'�f����ing tbis Securiry Insteum�nt only to rnortgage.gant aad convey that .
<br /> ._,.�-`�._''`:"�"`-� 6ort+mves�s interest in We Froperly�de�.����,t�s Secarizy�smuTien� (b)Ls not personally obligated to pay�he sums • -
<br /> = °`'�:i��'�� s�cu�d by this Secwity Instivmen�ant�.t�c$`�Ses'{d�.�.ett��aay other Boirower may agres to extend,modify.forbear ��r�_._.
<br /> - ���`;�1 . ' ot matce any ascommudatioas with• .A. ����?attte¢�is c�"t�Smcurity Instnunent or the Note without that Soimwer� - -
<br /> cansent.
<br /> ,� 13. i:Qan C6arges. If the toan s�e�l b��u��s�'$ec'.�.�`Lusin�.:u�es snbject to a !aw which scts maaimum loatt �i �_;- �
<br /> -�' ��.�-�`� ehacges.nnd thtu law is finally icuesgreted sai�ti���,.�re,st3'�i�arto:�c�sarges coltected or to be collected in rnnnection -
<br /> �.,�:.::.�:.�;..
<br /> ;�rr#,,�;::;;,.r.::� ;-. with the laan exceed tfie permftted limiu,therr" fal t�.�.��?cr -n�-e s��dIl be reduced by the amount necessary to roduce f, �
<br /> _ -��z " the eharge ta the permitted timi�an8(b)any sei�3 x�a��cr*�l.&ruroa�from.Bmiuwer which eaceeded pemiitted limits wilf be ;t�'' '
<br /> � * refumted to Borrower. Lender ma choose to rrc��u�.�,�.��!�ee�ncing the principal o�ved under�he Note or by making n :.••
<br /> - ,,,��..
<br /> n. .. , Y ,..,:.,�•.
<br /> � �• direct payment to Botrower. if a r�'imd reduces��::�ne�ede�.'aon will be treated as a partia!piepayment w►thout nny r,,� , .
<br /> �����„�'� pmpayment cGarIIe under the Note: • ' , ;�• � rr � ',
<br /> ,;��, -,t ��'�:�'�' 14. 1 Vot lces. Aay notice to Borrower prm���C��.�s'S e c u r i c}�&n�s�u n e n t s h a ll b e g i v e n b y d e l i v e r i n�i t o r b y �,-.
<br /> •� ••.• �' '.���'�' mailing it by ftrstslass m:iil unless applicable Ia�r rqq�s e.se��another met�-�d.The notice shall be directed to the Ptopetty � � .,
<br /> ;'`��:'t`'::"' ��' Address or any other address Borrower designa*a?Z*sr`�fs�:�c�L.ender: Any notice to l.ender shall be�iven by fusi claxs •...;;:,' , . .��
<br /> ''��`'�?'�Y�sr mail to Lettder�s addtess stuuA herein or�y othex�tit�ss�s�wesignates by notice to Borrower. Any notice provided for ,•.;',:,.::'' :
<br /> `'��'-"''�:... .�.
<br /> ���� in tius Seturity Instrumeat shu116e deemed to�,'+'x�a��ar:,zo BorroweT or Lender when given as provided in this '. =.%•:: - s
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<br /> ��►� P . . . . r,._;�.:. .:., j�.: _
<br /> ��� 15. Goveentag..l,aw; Severs�biltty. This�:�r��L�-.�r�nt si�a}D Qre govemed by federa! law and the law of the � � . • -�'
<br />���arrasax�x�."� •
<br /> --_ ---- jurisdictIon in which the Property is located In t�ga�ws�����v��=o��cQause of this Security inswmeat or the Note• << .•,,�-.,� !�
<br /> — m�y� confl�ts wilh applIcable law,s4ch canflict shaU nen at�e�,�e�.�Z+uvisirns af this Secifrity Instiument or the Note which can �� �•—
<br /> =�.�.�.�--'� be�iven effect without the coMicting provision. 'C'�ti.`:�.s.e�1i�te�:ovisioiis of this Security lnstrument an d t he Nate s�ne _''�-��'��•
<br /> ����r�,+� , . -g��"',�-�:.-.
<br /> dectared to be sevemDle.
<br /> i 1�'"h, 16. 8nrrawer's Copy. Bormwer shai!be gir-.��a eEr�fmv�rc�rc,�y�a�che Noce and of this Security Instrument. . ��
<br /> 19. 7lrangte�ot the Property or a BenetIr�T¢Ce�n?a�r�uv+au� , Dfr s9t or any part of[he Prope:ty or any interest in ,.�, ���"
<br /> ��' �°.``` it is soId or trnttsfetred(or if a beneficial interest ut ,I'�vsu�r��s s�s��r r��,.�iced and Bormwer is not�nuturnl persan) .�:, �;°
<br /> �'�' .••. �''���" without Lender�prlor�vritten consen�Lender may,at r�d��a�a,.m�qr'�fi�*r.zdiate payment in full of all sums secured by .� . ;'�• #`r�=—
<br /> —' �' a`�: this Security fnatrumem. Nowevcr.this option shaU not be exe:c:�d�j��er if eaercise is prohibited by fedetal law as of � ;� „�--
<br />�`"-`={�-=:.LL � the,date of thia Sccuri4y Instrument. � . ,. � ,` . ��r�"'
<br /> '�r��'�f�`�'::• If Lxnder execeisea thia optlon.Lender shall give Borns�!E:�cciae�c���.ration. 'il�e nouce shall provide a period of . • , , .
<br /> •�'"'�:�'-�•�� "� not iess than 30 days fram the date the notice is delivered or ms�7e.�'c����L;:ici�.Borrower must pay all sums secured by this • ' , ' .,�'` ,
<br /> � - -`�-:'•�.'"'�:�``: Security Instruntent. I�[lorrowor faiis to pay these sums pri�r t�.s.`.e��aanon of this period. Lender may invoSce nny •
<br /> �� `'"�"°'"-'- ' nmediesp rmitttd by this Securiry Inswment w�tttout funherflr�n�DT���3 on Borrower. • � ' • '
<br /> —_ e
<br /> �,,�.�`,.�,�'�'''�� 18. Mioreowet'e Rlght to Retnstate. If Bdrrower mee�s.�z�`��.`..�s�s�u�:�ions, Bomnwer shall have the right co have ' • �" �
<br /> ';��-�"�� + enfor�ement of this Sec.urity lnstrument discontinued at any wx�s r�r��z.cm eT�e eat9ier of: (aJ S days(or s�ch other periad ns � �
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