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<br /> ���. 1❑ li�� Cvrut +�1:i lait�l tWf,iug uf lSie 1"tati�ittiy� thc pr�r�c�•+15 sfiall iK� r:jipllcd tt� dta stn�iS swui�:,i f,y efi�; Sc_u,�4,: „'"--
<br /> tutiicu�uent_ �hcther nr nnt tttcn d;�e,with ni�y excess��aid t��)t�,rruwer. In the event uFc� pa�iiul tuG.ing id.'oli�:1'Y��{x�ty ir
<br /> --���_ which�hc t�alr�ua�krt valae uf Qu 11r,���city tm+ncdtatcly I,cfur�4i�e i:ti:illb Is�yual f��nr g��atar ihan thr:�n��xn�t ul thr�:ucns =-
<br /> tircured by Ihiti Sec:�u9xy fn��rumrnt immrdiatdy befu��e tha wking,unle�w i3omo�SNr a�xl l.ender�nherwise ugrce in wridn�,
<br /> "-�`:�'`'�I:�`��' !!t�51�11lS 6P�I:Ot�t)(4y ►tltS�iGCUCIIy IIISULCl1Cl1: SJ1UI� �JL' I�I�iSCI'lI �ljt(I1C Ulil'J11511 (1f�II{L• �lr�x<xth:.rm�ltiplicd hy tli�� fcill��v.in�
<br /> ; trac�iun: (al�ha tntnl amount ot�ha sums sccured immedinte[y ixfan:the te.king,dlvlded isy lbi th►_ ia�r m�rckn►vaiu��►���� _
<br /> Property in�madiately bcforc Ihc tak�ttg, Any hvinnce shall f�c �aid to Horrower. Cn the event af a partial t�lcing af the
<br /> Propeny in which thc f�dr market value uf tha 1'roperty 1mmcAtat�ly bctorc thc tnki�ng is t�ss than thc am��unt ot'thr, �ums
<br /> secttrcd fmmcJiately brtore the taking, anless Borrow•er and Lender othcnvise a�rce in writing or unl�sr: applicabl., law
<br /> othcrwise provides,tl�e prxccds sliali Le up�licd to thc sumy securcd by this Securi►y insimrn�nt whether ur not she sums are
<br /> - then duc.
<br /> - - -- - — It'dic C'm�hy iti�handoned by AorroN�cr,or if.aRcr notice by Lendcr to Borrowcr[hat thc condemnar uffers to rnake
<br /> — nn nward or scttic i�cl:►im for damagcs,Burrower Fails to rc5�wud[o Lender within 30 days atler the date the noticc is given, �
<br /> • Lender is:�utliorizeci t�coilect and apply thc procceds,at its option,eithr.r to i�:stnration ar repair of the Property ur to thc
<br /> � sums securcd by this Security lnstrument.whether or not then due.
<br /> -_--- Unless Lender and[iorrowe� othcrwise �gree in writ�n�,any aprlication of procceds ta principai shall not extenJ or
<br /> =—=---- post�wue the Jue dat�af the monthly payments referred to in paragraphs l a.►►d 2 or change the nmo�uu of sucl�payments.
<br /> = 11. Borrower Not RcleASed; ForR►carance �y I.ender Not a Waiver. Extension of thc time for paymer.� or
<br /> modi�cutian of umorti��tion uf the sums secun:d by this S�curity Instrument gmnted by Lender to any successor in interest
<br /> - �:,.�i uf Bo��ower s�ail nat o�;�tc to mlea�e the liability of the orioina!Horrower or Borrowcr's successors in interest.L�nder __ _
<br /> -_- __• shall not be n:quired to connnence proceedings ngainst nny successor in interest or rafuse to extend time for payment or
<br /> __ �v�,�; otherwise modify amartizntion of the sums secured by this Security Instrument by rcason of any demand made by the original
<br />_''°"�"=',i.��'•�:;;��`�� �orrower or Barrower5 successors in interest. Any forbear.mce by Lender in exercising any right or iemeely shall not be a
<br /> — waiver of or pre,clude thc exercise of any rigltt or mmedy.
<br /> � r,��� 12. Successors and Assigns Dound;doint and Several LiabFltty;Casigners. The covenants and nsreements of ihis
<br />�=-''``�`-�'''�z��� Sccurity Instnanient shall bind :uid benefit the successor� and assigas of Lender and 8orrower.subjcct to thc provisions of
<br /> --__-_=�-�;1�, p,v�agrnph l7. Borrowers covenants and agrcements stiall be joint nnd several.My Don�ower who co•signs this Security
<br /> ���� - Instrument but dces not c�:ecutc the Note: (n)is co-signing this Sccuriry lnsuument only to mongage,gr.uit and comry that
<br /> �'-'�f`�!?F������;�� Aa7ower's int�rest in the Property under the terms of diis Security Instrument; (b)is not person:+lly obligated to pay the sums
<br /> �-¢�����;,�; secured by this 3ccurity[nspument;and(c)agrces that Lender:u�d any other 8orrower may a�ree to extencD.modify,forbear
<br />-�m-- or muke any accommodations with res�u�d to the terms of this Security Instrument or che Noto without that Bornower�s
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<br />,_�„�;,��;��:��,,.Y;�� 13. Loan�:harges. if tlte ioan securea by titis Se�uriiy I�muuu�c�d ia su�csi ia N ls:: ��t�:et: .� :n...»ms.__ .�
<br /> -."+^•���_�__ �;;;�'� charges,and Uhnt law is finally interpreted so that the interest or orher loan charg..s collected or to be collected in conncction
<br />''°"°-_•_��-'�'�'";' with tlie laan excced the permuted limits.then: (a)nny such loan charge sha116e reduced f�y the umount necessary ro reduce
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<br /> _�, r�. the charge to the pern►ined liinit;and(b):my sums al�ady collecred from�orrower which exceedecl permitted limits will 6e
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<br /> ���---�_�..�.: retunded to Dorro�ver. Lender may choosc to make this refund by reducing the principal owed under the Note or by making n
<br /> '^A�k" ji�`'''�' direct payment to Borrower. If a refund reduces principal,the reduction will be veated as a plrtial prepaymcnt without any _
<br />';:"1�.-�-�, r�c`���is: prepayment charge under the Note.
<br />--•''�=�"��--t 1 4. '.V o t i c e s. A n y n o t i c e to Bon•a�ver providad for in this Security Instn�ment shall be given by deliverins it or by
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<br />=��'���?'Ea�- ry�.�� mailing it by first class mnil unless applicable law requires use of another method.'ihe notice shall be directed ro the Property ��_..
<br /> �`�'�f�"' .�9= - Address or any uther address Borro�ver desisnates by notice to Lender. Any notice to Lender shall be given by first cluss R-
<br />���e�a�a:'� mail ro Ixnder's address stated herein or any othcr addness l.ender designatcs by notice to Borrowcr. Any noticc provided for _Y.
<br />•.�t0?tsc+�c�'.:,�.��;' r.�� in this Security Instrument shall be deemed ro hnve been given to Borrower or Lender when given as provided in this
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<br /> ms,E�� S�. r. � p.lragraph. �_
<br /> "` � 3 15. Governing Law;Severability. This Security Ir�strumcnt shall be govemed by fedcral law ar�d the law of the ._._.
<br /> Y�,��,._i.�s{.-�.:;v-� jurisdiction in vihich the Property is located. In the event that any provision or clause of this Security[nsteument or the Note �c .
<br />::�-_:.-�;��-- � conilicts with applicable law,such conflict shall not affect other provisions of this Securiry Instntment or tlie Note which can �_;.
<br /> � rPh_�,�� be given effe�t without the conflicting provision. To this cnd the provisions of this Securiry Instrument and the Note nm. ��.;
<br /> �.�'�_ _..
<br />:�r��, '' declared to be severable. ��
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<br /> �'"��•:"�.`•-�.►�:�'=�,�''" 1G. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. .
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<br /> '-'�=f"=���••'=- •- 17. 1Yansfer oY Ghc Prnperty or a Benef1c119 II�terest in Borrower. If all or any p�►rt of the Property or any interest in �=
<br />`��::._ �-� �'.•;••. it is sold or transferred(or if a beneticial interest in Borrower is sotd or transfemed and Borrower is not a natural person) �;-�
<br /> - :�s;�_;.--.'�::��:"'.':� without L.ender's prior written canseat.Lender may,at its option,require immediate payment in full of�ll sums securec� by �_
<br /> ===: .� '•,:'�� this Security Instrument. I-Eowever,this option shall not be excrcised by Lender if exercise is prohibitcd by federal lavN as of '�`=
<br /> ��:<<;, ` . `..� the date of d�is Security Inswment. �
<br /> - ' If Lende�exercises this option,Lender shap give Borrower notice of acceleration. The notice shall provide a period of ,
<br /> �- �� : • not Iess than 30 days from the date the notice is delivered or mnilcd within which Borrower must pay nll sums securcd by this
<br /> .'`'� - Security Instrument. If Bomower fails to pay these sums prior to the expiration of this period. Lender may invoke any
<br />""�"�` �� � remeclies permitted by this Securiry Instrumcnt without further notice or demand on Borrower.
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<br />- - ° ' � l8. Barrower's Rfght to IYcinstatc. If Boirower meets certain conditions, Borrower shall have thc right to have
<br /> r;�: � � cnfqrcement of this�ecurity Instrument discontinued at an�time prior to the earlier of: (a)5 days(or such oYhcr period as
<br /> •. ., , Sfnglc Family--Flmnlc Mneli�Yeddlc M1fac UNIFORM INSTRWMENT--Unifurm Covcnants 9/9� lpnge 4 0(6 prr�;es) '
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