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• - . ��'ai^ �"'�,' ' ry1�_ � tt' '�S'`�''Ly.'�C•. ::��' . � >_+T,G4�?iLES . — _ —__ .�
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<br /> � . � •. 'IICO�Y.<.3Ki4��fAr .�.- ��.�_ •
<br />:.�� � _—__--i��_, si _ _ :�_�m.—=.__—--_'_—�
<br /> ivv�- � � ` ♦M��+ ���� • ,—_— --_—_�_—_-- , � ��---_-..__.- � ' , —_—
<br /> , . . , �'ii'°t•Fi�.�RB�17 <� .�"�',
<br /> — ` paycir�nis Grsy an!��ea be�gviar.�.�t tH.�ap�ian oY Le�ier.if�aqrtgage insnraac+�owasge(iA t�e aramant�i for �ea�ad _ —
<br /> --— � � t�t�d.•.r r�nie�s)pravfde�by an Iasu�egpmycd tsy Lan�ier a�aia b�omes uvnil:ble ned�s obL�.Sot�w�s�a1l�ag : - -- -----
<br /> - �thc prr,�uitEms raqu[r�d to m�ir�3ain u��t�insura�ce i�cff�t�or to provld€a to�s r�r4-e.aatti the�quiaea�3.far mn�.Qe � -
<br /> ------ ensumnoe e�s io u�oor�si.�es with an;y wri�ter►�t betwe�n Solraa��e and f.ender ar agpHcabl.e Caw. .� ` . ' -
<br />_-- -_ � � �.t�tfo�.�l.e�er.ot its�c�t�ey make r�cbnable enuies�gon and insgeainma of the PtogeRy.LeadEr�18ava . _—__ ----
<br /> 8arroker a�is�e at ths tlme of or�rIoa to an inspesdfla spes�fying r�nable cause for the inspectian. . _ _
<br /> -- L0.Ca��.'i'h�Pmceods of aay awaad or ct�"tm for damages,di�ea ar conseqa�tial. in eoaaection with tmy = --- -
<br /> candemssa�iaa or otTt2r w�ing af u�sY P=�t of�the Fa�opertp.or for comreyattre in tieu of oondemrtstien,afe h�1sy�s�igas�xu�i � - -
<br /> ---° sttall be paid to L�r. }- --=
<br /> -� �,_.__ �: . --
<br /> ``""� � In t�e�rem of m catal t�4ci�n of the Frciperty.�Pce proceeds s�all 6e ap�lied to th�sums s�nred by this 3esurity�i, ���X ��-��.
<br /> !r
<br /> � �z c�r a�t the'�d�:� s.�itb a�sy cx�ss�aid w�aarcr:.�r.Ia�,°ev�t of a p�rtis! �nR of s�.e F�in prhish ti�fair ,*--��yl�� ��' _==
<br /> � markct vulu�of the Frogetty irnm�etiatety Isefoze the talring is equsl to or g�eater td,ua the aa�nuat of the sums secvred by this -��� �'�.�
<br /> °'`°'`-� Security�s�r►t imm,ediaiety 6eforz the tnging.�un2ess Sorruwer aad Lender othertivise agm,�in'ahiting.the su�s seearo0 8y �'�} , ` � _
<br /> ,�-�_:,��� .
<br /> ----= t�is Secnrity [nstrurnrttt shall be rad�s�ed 6�y dis amnuat of the proceeds mul6pliad by ihe follawing t�c}iot►: (a)!hs tcstal �'�;�,-----
<br /> -- . �.�-�.�_•_
<br /> _ - �ttttl2 of ttYze sums�itrL_mrqiiatPly befot8 the f.11cu1g.divi8�4 by(b)the fair ma�et value of d�Praperty immediately � °`�=i:,�::��=-
<br /> �
<br />_---- before the talding. My 6�lance shall�be paid to Borronres.In the ev�o�a panial ta&iag of the Propeaty in�rhich tl�ee fair . �������
<br /> _ = maricet vatue of tIze.Pmperty anm�diatety befaie the taking is ie�s than the amaum of the sums secumd immeatiatety 6efore th� �:��„�=:
<br /> uilcing.ua!ess Barramr and I.eader otheiwtse agme in•writjag or untess applicable!aw othervrise p�ovides.the prnoeeds shall `�i +���-��.._
<br /> � be agpl'�ed to ttc�su�s s�by this Security YastrnnFent nheitier or aot the sams�e then due. � r � -�O'��"_`_�-
<br /> _ =�== If dse Propeita+is abandoned by 8orrower.or�f.after na3ice[ry Lender to 8orrower ti�t the oondem�tor offers to make an ='-;F�'�}���, �
<br /> �����
<br />-~j� a�ard ar.s�tle a claim for dama�s� Bomnn•r�fuils to rapoud to Ixnder�vithin 30 days:.ftra the date the an�ce is given. �'3�::�;��'"�`
<br /> -- leu¢er is autlm�rize�to oollect nnd apply the proceeds,at its oprion,eitfler to restaration or repair of the Praperiy or to the sums �'��"" —=
<br /> �..��-_---�
<br /> �-� ' se�red!►Y this Secatity L�m�eat,wtzethes or not t�en due. j t _ _.
<br /> � tlntess I,euder aad Bormwer othetwise agree in writing. aay a�giiration of proceeds to princiQal shall not extend or �'-�� a,
<br /> - pnstgene the due date of the rttomhtY paYm:nu ref�red to in paregrapf�s�l and 2 as change We amaunt of s�d►payments. : "`'��r�
<br /> �-� .. .
<br /> � -�-- . � .. 11:8orr+o�ter Nol�Ret�ased;��'orEcaran�By i.eader 31iot o-iYsiv�r:Extea�sion of the time for paymtntor modification . . c '��.�-
<br />'`-":� of amo�don of the sums s�au�ed by this Sewrity Inswment gr�nted by Lender to any s¢coessnr in imerest of Borrmwrr shall ""`°�`
<br /> � --�:.�.:
<br /> ;'-�--�-
<br />:t:�.�� aat operate w release the liability of the origina!Borrower or Barrower's suocessors in ituerest. Lender shall not be required to . . .:,,;, --_
<br /> oom�ence proc�dings against any sucaessor in interest or refa�se to e�tead dme for payment or otherwise modify amortir�Dan .�-�•
<br /> • �: � of the sums secured�by this Securiry tastnunent by reason of any demaad made by the origiaal Borrocver or Borrower's - -.�
<br />=f � � sueoessots in interes3. forbr.�ance b Leader in exercisin ri ht or nmed shall nm be a waiver of or redude the '
<br /> , a►Y Y S� S Y P :..•;
<br /> � exencise of atry right ar remedy. ' ' •-'
<br />-;�,.-: 1Z. Sacoeswrs t�ad Ass3gos Boaaa; Joini and Several Lia6flIty; Co�signers. The ooveuants and ag�eements of this •� `;,#. .
<br /> _ 5ecuriry Inswment sflall bind and benefit the successors and assigns of Lender and Sorro�ver, sab�ec[to the provisiotrs of , •;- _,
<br /> para�rap8 17. Sorrower's covenants and agreemenis shall be juint and several. Any Borrower who oo-signs this Securiry ,
<br /> `. ' Instrument but daes aot execute the Nate: (a)is co-signing this Security Instrument only tn mangage.�rrar►t and camrey that �•
<br />�_�=t•' Borraw�r's iate�est in the Prvperty under the terms of this Se�urity Ins�m�ent:(b)is not personally obligated to pay the sums
<br /> _���� seatted by this Securiry instrument;and(c)agr�es that Lender aad any ether Borrower may agree to extcnd.modify.�forb�r or . � �,
<br />'��'° make cmy aoconunodattons cvith regard to ttie terms of this Security I�stnsment or the Note without that Borroa er's oonseat. -
<br />-�`.' 13,Loan C�taigcs.If the loan secvred by this Seaurity In�ument is subject to a law�vhich sets maaimum loan ci�arges.
<br />`��� ��� and that taw is finally intetpreted so that the interest or other taan charges oollecte�or to be coilected in rnnnecoion with the ,�`'�.'
<br /> .., .,h- � .
<br /> Y•'=� loan e�eed the peimitted limits.then: (a)any such loan charge shal!be reduceJ by the amount necessary to reQuce the charge �"%��` ..��
<br />-_1- � . ,.�.- • .s..-
<br /> .�-�.� to the permitted limit:and(b)auy sums already colieried from Borrower wAich eaceeded permitted limits will6e refunded to . � � •
<br /> -''.:,'.� •.�:;�����v_
<br />_ Borrawer. Ixader tnay c�taose to malce this refand by reducing the principal owed under the Note or by making a direct �f� ,j�,.
<br /> yayinent to Baira�rrer. if a refund reduoes principal. [he reduction will be treated as a partial prepayment without a�ry -��.�f�
<br /> -;� p n e p a y m ent c h a r ge under the Nute. �
<br /> T!'" 14.Notices.Any notice w Borrower pmkided for in this Security Imstiumeat shall be given by delivering it or.by mailing ' ���� a-
<br /> �s �• it 6y first class mai!untess appiic�able!aw rec{aiies use of another methud:'fi�e noace shall be directed to the Propecty Address . .'`;r,;.�
<br /> `•' �-' or a�other address Borrowet designates by notice to Lender. My notice[o Gender shall be given by first class mail to � . � • .�`i=
<br /> 't �`� l.afr�:�'s a�dress stated here�,ap an}+other address Lender desi�ates by notice to�oaower. My notice pmvided for in this ' , � ' ,� .��
<br /> ' � �*ity Instmment shall6e�eemed to have been given to Sorrower or L.ender when gi:�n as�rovided in this � rh. • ' � �`�� '�� ".���"
<br /> . , 15.Goveadti� Law; Severabiitty. 'IYtis Security Instivment shall be grnemed by f�fera] law and the law of the . ;:i�;;;-.
<br /> ,� �'� jup's�;lliction in r�hicF+the Property is located.�n the event that any proti•ision or clause of this Seeurity Instrumeat or the Note ��t�i�L'°
<br /> ..•.Y' coriS�icts with applicable law.stzrfi conflict shalf not affect other provisions of this Sectuiry Instrument or the Note whicfi can be � .�
<br />_•.;,.;_� • �' .
<br /> •t •t +�i'vc.,.�effect without the confli�:tf.�g provisian.To this ertd tAe provisions of this Sawriay Insaument artd the Note are dectared ;�, ,
<br /> ��i.� t�8�sever,�ble. � --
<br />__�n;�� . � • -
<br /> :._ :,r . 16.Bormwer s Copy.Borrowcr shall.be givea�one conformed copy of the Note and of this Security Instrument. . . �' �
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