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<br /> .:. . '. • : � • ' ;��� +t�:�.a.g'�'� '. .. . � --- �.—��--
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<br />_ - paym.e�uts�csy np tong�r bs r�ured,at the uprion a€I.ende�:if mprig�e i�tsnr�s��daraae,(in tks et�nnt a��fnr tht�x.�}o;! i----- -
<br /> ._ _ �Lc4:�`_r�s"uires3 pro�rid��y�u�i�ret��proJed�y E�nder��e b�om�s�vait:.�ts��3 i��}.�,�-���r4r�ta .�?}�.
<br /> ; - -`tFra pr-�aipffis�reGni�ed t�amin�in mort�e iusnran^.e ia eff�ct,'or to proNi�a tuss�.��?i!ihe rec;uixcarnt f�_�,_ - -- --_ ---
<br /> iilSUt�IIC¢@�EtIS lIi�di+d3t1CC WEt1l�Y�WiIttCU 2$t0�12f1t I�IWt�4!�liOtirCt CiC�I.�IId�AY_dpjlI:CBb!£I3W.
<br /> �.I�peetton�.I.er�der ur its a,eat`c�y,ma8e re3..wna�e eutriea upon end ias�jections of the Pcopesty.Lerd:r shall give - - ---
<br /> � Sarm��er r.otir�at tHe,time of or prioi to an,insg�ctFon specifying reawnable cause for tit^ins�ett�on. —_------
<br /> �i�.Condeu�aatfoa.�.'IYte prooe�ds of any awurd or c�uim for dntm�gss,dineet or cansequen�l. in waneetioa wit1� unY
<br /> ooudesm�ioa oi ot�es takin;�f any part of the Progerty.or 1'or conv�yattoe in lieu of cortdemna.�on:eie herehy assigaed act!
<br /> sha11�e paid ta i.ender. • °`—- - -
<br /> In tAe evetit of a totaY tz&'inb of che Property.the pme�s shall be applied to the sums secu�by this Srcvrity Instrum�nt. —__-- ___
<br /> • whether or noi thea due.witb amy exoess paid to Boitower. In che avent nf a partial t�iag of che�Frvgerty in.v�hicn the fair =___
<br /> qtarket vatue of the Praperty isa�nedi:.�ty b�.foi�tk�t«�aiae!s e�a!�tc�r��t�n the amauat of the sams secured 6y tius _ —__
<br /> Security Instmment immediatety hefora the takeng,tatitess Eorcovler and Ieader atherc�rise agr6e in w�iting,the sums seeaued 6y =_ —
<br /> t6�s Sectirity Iastrusnent slzalt be reduced by the araount of the grmceeds multiplie�i Iry the followin$ 6acxion: (a) tHe totaF _
<br /> an4oant of the�nns s�uumediate}y before the taking.,divided by(b)the fair w�arket value af.th�Propecty i�ed�atety _—- ----
<br /> before the talang. Arry balance shall be paid m Eorcourer. tn the event of a partiat taking of the Property in wiuch the fair �
<br /> � market valae uf the Pmperty immetiateEy before the taiQag is less thaa ahe ai�ount of tbe sums s0a.ued imme�iately before the
<br /> taking, �ntess Borrower and.tendsr otli�rwise agree i»wtiting or unlesc a�plicable[aw o�Pter�vise tsmvides.the proce�ds sh�li
<br /> 6e appYied to�fts sanis secuted,by this Secvrity.Fattrum�qt�whether or uot the snms are then due. _= -
<br /> , Tf the�'roperty is at+andoaed by�om�cver.ar if,after nntice by Lender to Bonower that the coadeaaaor offers w make aa -°s=- _
<br /> acvard_oa sQttie a claim fqr damages, Borrower fails to r+espond to I.endes witvin 30 days aRer the date the notice is giv�, r����_�=---- —
<br /> �� ` � Lender is authoriied to coliect aad agply the pmceeds,at its option.either to restoratian or iep�ir of the Property or to the s�ms =-__-_
<br /> " �sxorecE by�is Serurity Instrument,whether or Qot th�n due. . =- -_-_—
<br /> . ' Unless L�nder aad Bormwer otf�eiwiss agee en,writing, �y application,of pmc.eeds to principal s6a11 not extend or t=:-- --
<br /> . postpone ttce due date of the montlily payments referred:ta in paragiaphs 1 and 2 or c6aag�the amouni of suc6 payments. 2�".5��..'k-:��`---
<br /> ��.,�' --
<br /> i!.Hcr�ser N�t Rcleased;Forbear�nre By I.ender Not a WaiQer.Extension of the time for payaient or modification �:
<br /> of amnrtia+�nn af the suins secured by ttus Security I�M�,.msnt gr�ptad by L.ender tu ar►y successor in ircterest of Borrower sIzalt y'+�.�`�_�� -
<br /> not uperate to re(ease the liability of the original Bosowec or 8omnver's successots ia i�aterest. I.ender shail noE be required to •_��. -�„=_
<br /> rommenoe proccedings against any successor in intenest.nrrefuse to eatend time fur payment or�theiwise modify amaniTation �-4��'��__
<br /> r�,.,�_. -,�r—v..
<br /> s�f the sums secured by tt�is Security Insuument by rcason of any demand made by the original Borrower or Borrower's 3N�.��.r
<br /> i{ � i`�'
<br /> s�vicessois.in interest. My forbearance by Lender in exercising any right or remedy shatl aat be a waiver of or precl¢de the ��';�=:
<br /> exercise oF any rigLt or remedy. ' . '�
<br /> ' 12.S�aacessors and A�,Tgns Round;Join2 aad.3gverat I.Iabitity; Ca�fgQeis. The covenants and agreements of this � {;;�'
<br /> � Security lnstrument shall�bituf and benefit the sua�..sr�c�and assi$ns of I.ender and Borrower, subject to the p�isions of ��:: ~
<br /> �,raragrapb 17. Bormwer's cavenants and agreements s3aq be joint and several. My Borrower �vho co-sigas,this Security '`.•�`
<br /> Yrsdvuceat but daes not execate the Nnte: (a) is co-signing this Securiry Instrument only to mortgage. geant and coavey that .;�;,;
<br /> Borrower's intere;t in the Prflperty under the teesns of this Security In`�uument; (b)is not personally obligated to pay the sums . • - _
<br /> secured by dus Securiry in..nrument;and(c)agrees that I.endesand auy vtHer Borrower may agree to eatend,modify.farbear or ±?':�'�. . ' •
<br />_ rpake any accommodaiions witiy regard to the terms of this Security Idstrument or tfre iVote withaut that Borrower s consent. -::�a�i..
<br /> 13.Loan Ctiarges.If lt:�i loan secured by this Security Insniunent is sublect tct�!aw which seu ma�cimum loan charges. ; � '`,.:
<br /> artd that law is finally interpreted so that the interest or other laan charges colleaat or to 6e collected in connecKion with the � . , — --
<br /> loan exceed the perautted liauts,ihen:(a)any such loan charge shall be reduced by the amount necessary to reduce the charge �.-, •:F.i ���
<br /> to t4e permitted limit;and(b)any sums already collected&om Barrower which exceeded permitted limits wiQ be refunded to � :��'.;:_
<br /> Barrower. Lender may choose to make this refan¢ by reducing the princigal oM�ed under the Note or by making a direct � '` `��"-
<br /> payment to Borrower. If a refund reduces prinaipal, the reduction wiU be treated as a partial prepayment without any "� f,:�
<br /> prepayment charge under tiie Note. '����'�'`j`'��,.�:�
<br /> •"�-_`,�=-n.Js-
<br /> 14:Notices.Any notice to Borrower provided for in this Security Instnunent shall be given by delivering it ar by mailing + '"'�'�:�"----=-
<br /> it by first cta..rs mail unless applicable law requires tue of another�iucd.The notice shall be directed to the Property Addt�ess. . ���•
<br />_ �-� ,�
<br /> or any other address Borrower designates by notice to Lender. A�y noGce ta Lender shall be given by first class mail to : • '� `: ` '
<br /> f�ndes's address stated herein or any other address Lender desi�,mates by notice c�Borrower. Any notice provided fot in this ;�" �'``'-� �''
<br /> 6 e c u ri ty I n s m i m e n t s h a l l b e c i e e m e d t o h a v e b e e n g i v e n t o B o r ro w e r o r l.e n d e r w h e n g i v e n a s p r o v t d e d i n t h i s p a r a g r a p h. "' • ��`
<br /> 1S.Goveraing Ltiw; Sevesability. t'his Securiry Insaument shall be governed by federal law and the taw uf the � �: ; .'r��;;,,"'•
<br /> jurisdiction in which the Property i� lo�ite.#.In the event that any provision or clause of this Security Instrument or the Note • '',;3s� �
<br /> conflicis with ayplicable law,such caci:_ct'shall not affect other provisions of this Security[nsuument or the Note which can be � ' :��`.'��.
<br /> given cffect without the conflicting provlsion. To this end the provisions of this Security Instrument and the Note are declated
<br /> to be severabie. ; , •
<br /> lb.Bumnwer's Copy.Borrower shall be�iven one confom�ed copy of the Note and of this Securiry lnstrument. � � �
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