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<br /> Nayucents inoy na IanIIcr bc rc�uitcd,at�hd optkm ef t.e�tder.if mn�tgage Ittr:tEramt��++vrta�e li��1he�ait+km�++�xt fae thF�rl�►�1!
<br /> tAat t.e�i:k',Y s'u�tsl��!ptt��tid�t!hy A!1!tl�uc�P tt�.+�+T±�YC+I hy I�`luler�ieain h�av�ntey uv:tlluhlc wul i�uhln{�t�tl. &�rn�►�cr hlu�ll�uy
<br /> thc premiums c�quircd tu nu�intuin murtga�e inyua�n��c in ctT�ct,ur i��pr��vidc u li�sv m+rrv�,uin{I thc�cMuiromcnt fi�r mn�igugr
<br /> insuranrc rn�IK In urconlanec with any writtcn agrc�mc�t bcta�ccn Burn��vcr imd 1�����ler ur applicublc Inw.
<br /> 4. Anv�tl�n. l.endcr ar ity u�cnt m��y mnkc rcas�mnhle cut�•icy u�►r�imd iavprcUun��o!�he 1'rupsrty. [x�tdcr�hnll�tivc
<br /> 8�rmwcr nallrc nt�hc dnu af.�r priur to nn inr•pcctlon�pccflyiaZT rcu,�nahie�nusc fiir thc ic►�pectinn.
<br /> 10. Cnnskmaulton. TNc pnx�ccd5 of uny u►v,ir�l ur clui�n fi��dumaGcq, dircct or c��nscqucntini, in cum«xNun�v1lh uuy
<br /> «mdcmnaU�m or nther tnking��i'uny{+tut uf'Ihc Proper�y,nr f��r cunveyuRCa in lieu af'c�utde�nnutlun,utu her�by �iyhl�tnal:uid
<br /> slu�il bc palJ tu l.cnJer.
<br /> ln the event af n tnWl taking<�F Ihc Proprrlv, the pr�mceds nhall hc ap�+lied ti�the sums necural hy thiy Sewurity Insimntent.
<br /> �vhether��r m}t ihen dur., wfth imy excess pai�f tn �nrr����•er. In�he cvcm uP u p�rtitd�ctkinsr,af the Nrape�ty in ���hirh the fcd�
<br /> m�ithct vialuc ui ttic Propcny immcdintcly befom thc tukfp� is cyual tu��c ��wtrr th;ui the un►uunt�if thc sumti���riirad hy thls
<br /> Security Invtn�mcnt immcdiutely befnre 1hc�nking. unless Baru�wur ttnd Lcndcr athenvise ugme in writinp,thc tium�ec�:u�pt11►y
<br /> thi� Sccurity In�lrumept shall be reduced hy the am��unt ��f thr pnxreJs muUfpliui hy the fi�llnwing fructi�m: (u1 the tc�tu�
<br /> iin�uunt nf the huu�v secured imme�lintcly befure the Mking. divided by(ht the fiiir murt�ct v;Que ut dic Praperty inune�iii�tely
<br /> bcfarc thc takin�. Any halcmc�c rhall he puid to 8nrcowcr. In�ho evem af n panial Inking uf Ihc Prnpeny in whirh tho Puir
<br /> m<�rkct vulue of the Pmnorty imnudiutcly hefi�ro tho taking is Icss d�an the amount�f tha 1uma securc�! immeJiutciy befn�c ih�
<br /> tuking.unlcss Bonrwcr nnd Lc�dcr uthc�visc agrce in�vrlting ar unlcss upplicablc la�v athcnvisc pr�vidcs. (ItC�(pCCIYIY tihAII
<br /> bc i�ppfiea to tha sumti securcci hy thix Sccu�ity Intitrumcnt whethcr ur ant thc c;ums aro thcn duc.
<br /> If the Pmpctiy is uhandoncd hy Bonn«•cr.u�if. nftcr nc�ticc hy l.cndcr ta Florrowcr thut thc cui�teim�n�r i�fler�t��ou�kc un
<br /> nwntd or szttic a rinim fi�r dnmageti, Bnn�iwcr Ptiils ta m�pnnd tn I.cndcr wlihin �0 dnvs nftcr tht��itis►� the naticc isµivcn,
<br /> l.craler is nuthnrized to c�llect und upply the pracctds.at its opti�m,cither u�rest.�ri�tion or repair of the Pruperiy ur ta�he,uu�v
<br /> securecl by this Sccudty Instrure�ent.whether or nnt thcn ctue.
<br /> Unl�s l.ender und Bnttmver nthenvise ugrce in writing. any ap�fieation of}�mcccdy to pri�cipai shatl not catend ur
<br /> pc�st}ronc thc d�c date�f thc monthly paymcnts rcfcrrcd t��in parugn►phv i nrod 2��r rh�ngr thc umoant rP�urh p:lYmenty.
<br /> 11. Iiorro�ver No!Relensed; Forbcurnnce By Lender Not a Wuiver.Extension�f the tim:Fm•puynecnt.nr mudiflc8tton
<br /> uf anurtizatlon of the sums haci�r��l by thir Sccurity In.�tnm�ent g�antecl by Lender ta uny suceessor in interest af i3utrnwer t�httll
<br /> ant c�scrats sa arl�e she!ials�ldty c�f tt�sss3gls:s!��ru�er us Ao�ruwer�4 SttC�£l�ZIS�!!��!llS3�PS1. Li•lN�L3'�I 414!l�1G t�11L�(O
<br /> commcncc praccedings ngainst any xuccc5sar in intcrest ur�efbsc t�►extc�Td Iimc far payment ar othenvlsc mcxliPy amartiTUtian
<br /> of tho sumv secured by thiti Securly� Imtrnrnant by reusnn nf uny d�xx�t�u# nudc�+ by.the ariKiiuill Hnn�wer ar Hurrower'r►
<br /> uu��u�r..i� in�cres�. Any forhenrance by.l.ct�der in exercisin�: uny r1Rh1�AT.t11lll:�dy shall not be n���iver af oe preclude thc
<br /> czccci'su��f an1�,t��:�t tyY fti3lcY�y�.
<br /> 12. Succcs`v�n nrttl Aa�9F�v Itoundi Jolnt utid Scvcrtd I.labllity; Co-slqncre. Thr cnvcn�,nta tuxt apra:mentu nf,�thit
<br /> Security Instn�n�ene�ntu�tl�bind� u�xd henefit the huccessors iind uvsiQny nf l.ender i�nd Aon��ver. suqlect tc�.�hw pr�vi�innv oi'
<br /> par�IIruph 17. li�rrs�1WA['h �!m�taanls und ngrc�rteem� shuil bc j��int nrn! �cvcrid. Any &�rro��•cr ��•�a cu••t,i�n� this Su:urity
<br /> Instruntenl hut tt�s�to!t'xaCUl�+!he Nntc: (t►1 ig rn•ri�nin�t thi� S.cudty Instrument�mly to mnntpt�ra.�rtml,nrLC1 c�nvey that
<br /> Borrmvcr'x intcrest i��thc 4'�a�r�ty u�rRr,r.tl�c tcrms��1'thi.r Sccurity instrument; (b)is not personully obligutul ta pay tho sumu
<br /> sccurcd by thiy Sccu�ity 1n.5tQUr.t:vit;proa 1w1 agrces�hut I.cnder nnd i�ny��thcr Harmwcr r�y u�;�ac�a extend.mndify.fotbe�r or
<br /> nklkc uny nccammodailpns��•ict�tcgarct tn the tcrms��f this Sccurity Instrununt��r thc Nutc without thCt Hanawcr':�c�nsent.
<br /> 13. l.aan C�anrges. li the law�securn9 hp this�ecurfty Incttument is subject t�u luw whict�sets muximum Inuo chargc;+;
<br /> nnd that law iA finally interpreted so thnt the intercst ��r other I�nn charges collected ar tn be cc�il��eled in ranncctfan with tt�
<br /> laan cxcccd tho permlucd Ilmnas,thcn: (u)any tiurh luan chargc shnll tw rccluccd hy Ihc umaunt n�cessury to rec�ucC tho churgo
<br /> t�the permitte�f limit;and(b)nny sutny adrendy collectc.�f►vnn Bnrrnwer which�xcu�ded permitted limita will Dr�etLnded to
<br /> Barrawcr. l.andcr may chcxnc tn makc thi� retiund by rectucing the principul awed undcr the Notc nr dy making a dirert
<br /> p�ymcnt to Bom>tivcr. IP u rcPund �cduccs principal, thc rcductinn will ho t�catcd u.y u part9oJl prcpaymcnt without nny
<br /> prepaymcnt chn��;c undcr thc N�tc.
<br /> ld. No�lcc.v. Any naticc to Bonowcr provided far in efiis Sccurlty Instrumcnt s!►a!1 bc given hy delivcrii�y at ur by muiling
<br /> it hy fi�st cla�s muil unless i�ppUcablo law rcyuires usc uf t�nothcr mcth�xf. Thc noticc�al1 bc dlrected to thc�'cc��eny Address
<br /> or tmy athcr uddrckti Borrower deslgnuter by nadcc ta l.endcr. Any nutice ta I.ender shull bc givcn by f►rsc ��I�;� mail t�
<br /> 4cndcr's uddress statcd herein ur nny ather nddress L..cnder dcsignnte�:h}• natice to Born�wcr. Ara� noti��e pravidecl for in lhis
<br /> Stcurity Instrument shall be dccmed tn hnvc bcen Hivcn to Barrawcr ur l.cndcr whcn given as pro��ic��i ia this}��r�+�ruph.
<br /> 19. Vaverning I.Atv; Srverabillty. 'fhis Secu�ity l�stn�ment shuil be govesneel by federal IAw nnd eh; luw �►i the
<br /> jurissiicdan in which the Pmperty la lcx:ntcd. 1�the cvcnt thut uny provlsian ur clautio of this Security Instrume��t i�r thc Nato
<br /> can�licta with applicnbte Inw,such canflict shuU nat affec�ather pmvisions at'Ihis Serurity Instn�ment or tho N�44 which can be
<br />: given effed�a:itQunut Uu:c:nnfllctlnss proviniun. Tu�his end t6e�ruvi�i�.�u oi'this Secudcy Instrument und the Nose Are declarc�
<br /> ta t��savcrabt�.
<br /> 16. 8orrortirr's Copy.Bnnower s�hull be given nne confarmcd cupy of thc Note and nf this Secu�ity Inntrument.
<br /> Form 8020 9/80
<br /> P�10 010
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