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<br /> _ _ _ -�. �con�+emu3tiu�1 atat�tak3u8 o€�aa►3�par€af the I�xap�i'ay.mr�'o�.•�vnveyacu:�in lies�df"�Car�lesssna�r�,��b���as:�ed azx� , "
<br /> — - _ • shaLl�cpaidt�Ivender. , . � ,..... . . � ,. , ' , ; . . -. �. .Y� `
<br />- -- -- ` • , In lclie��even�:of:�tat�L faking of`thC Ptop�tty.�h�pro��,Gds shall �Se uppl�cd ta tlie siuiis:sxii�d;tiy ehis Si�isrity '.
<br /> -- r.ins1r�las�w�d.�S_9i1i�t tben rlu�ivitB aay excass paid fo B9AOW.ee: Ia�t�c+even!of st�'ti�:taYin��Pttte us `
<br /> T ,;wltir,�fhe£azar�sarlsei v�alike;af tht I�rapert�itnme�liaLsI�r bCfos�m�i�gs�u�ii��iiir��atL��u�s-���t�`��- -,;_--
<br />- --- - -- --- , aeci�szd"Eiy this�ay Y�isVUme�.imhssdfateiy.t�fore�s taka�g,�ian2e�s BoAO�es and,Lender At�ierviise��ee�sri writin�;::,� �• ,
<br /> i i�f b t�e.�altowt�
<br />- �� the sums secur�d by this S�ct�#nstr�.iirtent�shalt�e r�duo�lsy ti�e a�ia�iut a the gnx,�eds tpulpP� y 8'
<br />_----��= --- . �ract�on: (a)tiie t4tsil aminnnt of t��su�ss sec�d"unme�iately�fare G�tdkt�ng.;div�ed isy(6)the fa'sr ptAtket vta3na,of�ke: . .
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<br /> � ' p m�se n Y{t�i�?d�s t x e i�►b e f o t e t i i e�. �1 n y�S a a n ce s h a l l b e p a�d t o�2 4�'o w e r. I n t h e e v�n t b��a..p�clia3' ` .af i��, . .
<br /> ---- '� --- _-_-_� •- ' � - " 4 �!f. ���- � - .. . ....
<br /> ��g�, �IO�r�y!Ii�Ili'.�1'�L.°�IC�L'I�V�II$Of#�tYi�'IDjlClly 3fIlY11H{�i���if�'i4'�+�n`���
<br />_ s�r'�n#. ' *+t P����r�6 C f a r e t 1 Y e t a�i n g,�m t e s s B o a m w e r.a n d L�t z d e t.o t a e r w i s e g�e e e e�.w r i t i n g�r u s L e s s a p�ilf�ca�6�e 17str < -
<br /> • . � ath�rwise ymrr�des:the prac�ds shaU 6e agplied tu t�e suabssecured by this Security,Ins3riiment whct�ier,�o�not tfie sums at� ,
<br /> - � tAendue.. � •• ' � , � . ,. .� ` : � . , ..
<br /> -- -�„�,�.�. . . 'If ti�Propercy is a6�daaeil hy Sormwer;or if.a8er aorice,6y I:cader to�Baarower that thc co�rdemaor.offers[o rn�3c� '� ,
<br />- azf awar,ct or settle a ciaiar far daniag�s.Buimwer fat]s.w.respaad ta Lendes within 30 days.a#i�r.Qie dau the natice i�giver� . , . .
<br />���"� . Lender is.auth�ized in cc►Ifiect and apply the pruoeeds,at ita aptior�;eitiier to mssoratian or,repair.of khe�perty at t�tize . . -
<br /> sums secureci b�this Secarity F�tsu�nent,w&r�hwr ar nat then du�.. � . -
<br />�;. ' • Uuless Lestder and Bormwer atIietwise.agaee in writing;any applicaYiaa of proceeds to prinCipal shaU agt�ztead or :
<br /> _— • postposte tise due date of the m6nt61YPaS'ments referred ta in paragapl�s X aad 2 vr ohznge t$e a�aunl,of ssch paym��."•.
<br />-- -- _°_--'`-- I1. Sarcawer Not Rete� Fi�sbeareace Bq Lead,er Not a Watv�e, Ehteusion of the time for.paymeut.ar� � .
<br /> - -----_-- — modifccatinn of mnortization of the su�g sec�ct by dus Securiry Inst�umeat Scanted by Leader tv amy sucaessor m intex�st '�
<br /> - -- --- _---�— ° of Aorrbwer shalI not operate tu reIease theliabitity,of thc originai.Bormwer or 8ouow��'s saccessors�a im�ress.',Ikader : -
<br />�:G:--�;.,���:-��- shall.nfli be r�t:��ti to commence proce��s against any successol in interese oz refuss to excend time far paytueai�r .. ----
<br /> .�.kf.r._. '�=r• . ,.. . ti�r -_-
<br /> -°�.,:_Y:-'�.,'�'�R?�t otAernise mo�:,���.�wtor6a�#qit of ihe s�ms;p'�by tltis Secutity Inshvment by re�an of�any�emaud madelry�te originat �..�,t,,
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<br />-- °=_;-:�ft•-;�,,�``' � Boapwer ar �B�ei's s�cc�,sg7s ia intete's`� Any fortxaraace by Lendeit in eset�isin�anY nlgfit or remr,dy shal�not he a•::�i,<;::;;� .
<br /> _: .�.�, , , : , .
<br /> —_-�,;•:� iz�� waiver af orpr8ctude the ex�il�S��Yn�t��Y- - . •
<br /> -">• 's:��::.., � � �reem�atsof,this �
<br />�..:��h��,�:'::;�r,; i2. Successors and�8aund;�,To�tt•and Sev�ral.Lfab�i3y;Co-�dgsees. The cavenaurs and a ree _
<br />;,�.�H����,` ;: ` � Seciuity Instmment shall biad`�id b�nefit.ths successors and assigns of L,endet and Sorruwer,subjecc to the pr�s��ions of � .
<br /> - -==,••i_<�>:°:.:;:.�•• .: , pa►agr¢plf I'I..Borrower�wvenanis aa�;a_i.�Zxrs�ents shall be joint and several.Any Barmwer wltss;co-sigas.�hic Secutity ' .
<br />_—_-�`;<=:{.`g`�,-��'a�. . Instrumrnt hat daes nat ex�ecute the lVote:;�a�is co-signit►g�this Security Insfrument only to mort�;"�rant an8 cp�}vey dtat �
<br /> ���Qj?;c-� ,._,.`;;-' .: : Bot�vwet�s PnYerest in the Pcogetty ander the fernis of this Security Inswmen� (b7t is not pei'sonallY 9e�igate�!To'gayt.the,�_ .
<br />---�. �;:. .. ; '+ '`,.< � secured�b�/this Securiry lns�c;atid te)agte�s that Leu�and:�ny alher Borrower may agrieE to extend.�,forbear
<br /> ---;�;�`r'�"t�,s�' � or make any accommodations,�vith regard to the terms of tAis Security Instmment or the Note withoui that Borrower'�
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<br /> y��. •�,.,r,:�:.;'�� � ' 13� Loa��1`4air�es. If t3ie loan secu�d by this Security Instnu�nt is subject to a law w�i-h'sets maximum.wan 4
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<br /> " ,_:.,�•,�_ .... �:",',:!� char�es,and th���r�finally ante�Pmsed 5��at the mtenest or other t¢:�i�arges collected ot w!i�+colteeted in�onnection -
<br />_ r'` :,•, • . wiW the loau exc��he pxrri,Ttvd 1umts��.�a�: (a)any such loan charge'shall be redua°d 6y the aifiount necessary to redace ' __—
<br /> ' � :�; •:;.' the chArge to the gecmiuec�t��lix and(b)any suins alrea�dy couected from Bormwer,vr�ieh exceeded peanitted limits will be -
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<br /> ,^,�t,..�,•,;2;.�,. �ef�,;�zd to Borrodrer. t,.eu�aaay choose tamake this refa�nd iry reduci.�g the princ�mwed under the Note or�y��uking a . ���---=
<br />_ , direrX payment to Borrower. If a refimd reduces principal,the ieductioa will be treate�3 as a pastial Prepayment.aih�nut anY _
<br />- ,� �:� �� � PT�PaYm�t cit�e nnder the Nate. .; , ' _
<br /> •�,:• , • I4. Nuti�a. A►ny norice to$otsower pmvided•for in this Security Inst�entshall6e given by deliveriAg it or by ; ��
<br /> An
<br /> • . � mailing it by fisst ctass mail unless applicable law requi�s use of.another methad.The notice shaU 6e directed to tlia�'toperty °_-_
<br /> � ' � Adctress or any other address Borrower designates by notice to Lender. Any notice c�Lender shall be given by�t atass `r=""-�_
<br /> • mai!ta Leadet�s address stated herein or any other address Lender designates by aotice�Barrower. Any no6ce provided for ' �`K�^
<br /> �'�%'••` � in this Security Insuument shall be dee�ned to have been given to Borrower or Lzncter when given as provided in tlus �_
<br />: - .. P�S�Ph —_=
<br /> = �� , ... ` 15. Gas¢s�f�I�aw;SeverabIt3ty. This Security Tnsuument shaSl he govemed by federal law and the law of the =-___
<br />`t i=�-".�;.X;<�';., '•••• JUtIS�ICLIOII III Criaieh the IRdiperty is located. In the event that aay provision or clause of this Security Instrument or the Note - -
<br />_- _'�:�i;�•�:3;�''`;.�'r_:, carfIiets witb applica6le law,�r�r conflict shall not affecs ather provisions of this Secciuity Insuument or the Note wbich csur . ,__---
<br />�: , . be•pven efFeet without ths ce�icting pravision 'Ib this end the pmvisions of this.5ecwity Instrument and the Note ae+e� _
<br /> _ .... :� deelated w 6e severable. _a._�.:_
<br /> - � ' '. ' ,• ' ' 16. Borimwer's Copp. Bormwer shaIIi be given one wnfornted copy af the Note and of this Sxurity Instrument -_
<br /> ' � • 17. 'IFansPer of the Pwpertg or a Seaeficial Interest in Borrnwen: If a11 or eny part of the Ptvperty or anX interest in -
<br /> � • ' it is sold or dansferred(or if a benefccial interest in Borrower is sold or transferred and Borrower is not a natura!peison) _-_
<br /> - ' �; - � � without Lender's prior written consen�Lender may.at its option.require immediate payment in full of all sums secuted by -
<br /> , �.�: ° , t�ls Security Inswment. However.this option shall not be exentised by Lender if exercise�s prohibited by federal law as of �
<br />-?:' - � � . the date of thls Securiry Insm�ment. . _
<br /> �•;��' .�..: If Lendes exercises this opdon,Lender shall give Boirower norice of acceleration. The nodce shali provide a period of
<br /> - i' • •••;.; " noi less than 3@�ys from the date the no�s�e is delive�ed or maited with�which Boaower must pay all sums secured by this ';�
<br />- � Security Instrument If BarEVwer fails to pa�r these sams priar to the expiration of this period,Lender may invoke aziy :.��;ti��,+:
<br /> . � c e m e d i e s p e m►i tt e d b y t h i s S e,�a a t y I n s t r u m e n t w i t h o u t f u rt h e r n o ri ce o r d e m an d o n�a�a v w e r. v�;;{,..�
<br /> 18. Hoirower's Rig,h4 t+m Reinstate. If Horrower meets certain condidons. Borrower shall have the right to have :;i�;�'.ay
<br /> .•. � • enforcement of cFtis Security Instrument discontinued at any time•prior to the earlier of: (a)5 days(or such other periad as '`�,`�-"°
<br />:=;.�
<br /> ,,•�,. • . Sing[0 Family-•Faanie MadFreddfe Mae UNIFOR9fl G�1S9'NUMEN7'--Unifaen Covenants 9l90 (Page 4 ojb pageal .
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