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<br />- ccnldcmm�U�ui ur uthcr�n1�in�nf nny�.�n nf tho I�ri►��hy,nr fi,r sc�nv�yiinca in Ilau�+f'ra»demnnti�m,ore hc�hy a�si�;ncd�md
<br />- shNl ha pald ta Lendcr.
<br />- 1n tlte eve�t «�u t��nl �nkinn uf tho Propeny. �he prixecdv ehnll tse np�+llad t�� �he ++um�, srrmrd hy thi.r Securl�y
<br />= Invtn�mcm.whellicr nr nullhcn duo, w{�h�u�y cx��esv pidd t+►Hum�u�c��. I�i�hc cvrm aP n raiiiol �n41nF1 a�the Pmpenv in
<br />: which tho i'air murkct vaitco as tho Hc��+��9y immcdintciy I+ciaro tho tuki��Iq cquni t��ar p�rntar�han thc�nmm�nt of�ha Fums
<br /> sctinrect by�hi9�eeurfty Inq�mntent immcriinteiy f►efom ihe tnkln�,nnleRV Hmm�ver end Lender othenviye nBree in«r�ilinr,
<br /> (�td NNflt9 BLY.YII'fli I1y (I1{4 SCIYlf/l� I11ti1tittltLYH�liull i+r trdu��f Ny thr amauni uF Iic�rr�K-c�at�muki�iird hy tAa f��iluwin�;
<br /> lrnr-Ilcin. (oj the t�jml mitowU�ii'1hu dumy s��nee�l I�umcdlt�tely Fxforu lhb lukin�,di��l�d 6y lb)thn f�lr nuukGt vuluc uP Ilto
<br /> F'mpeny immedintcly hefi►m Ihe tnkinF. Any balmecc shnll he pald c�►A��r��wcr. In �hc event of i�partial tukintt nP the
<br />= F'iuprriy fn whirh tftc fair mnri►ct vaiuo uF the R��rcm immcdiutcly befare thc hi&ing is tcss thnn tho umaunt ai thc r+�m5
<br /> c;ccurcd immcdiutcly hxfi+ro 11►c t+�king, unlcyv Hi�m►wcr und l.cndcr u�hcrwisc u�rec iu wrldap ue unichs iipplicnhlc law
<br /> othenvise pmvidcs,tho pracecds nhall bc applied to the�um�securrd Ay�hi.Securiry Inyuumcn�w�tc�hrr��e n��t tho sumti an:
<br /> then duc.
<br /> !P thc Piroperty is nb:►t►do�icd by Hurra�vc�,�u it,nftcr nuticc hy Lcadcr tu Hom�w�:r that thc run�tcmncir ai'Pcrv t��mnkc
<br /> un uwurd nr ncttla a ciaim far dumagey,aarrawcr faily M�..r•{xmd tn I.cndcr within�t1 dnys eftcr ihc dnta Ihc notico Is Aivco,
<br /> Lender ix���uhorizcd ta callcct n�d apply tho pra:ecdy,o� its aptinn,cither tu r�sturadun nr repair ot'Ihc Pi+npeny ar tu the
<br /> sums securcd by thi�Secudry Inytrumcnl,whcthc�ar nc►t then duc. •
<br /> Unless Lcndcr imd Hoaower othenviso agree �n wrltin�.uny nppl[cutiun uf pracced�to prirtcipr�l xhall nut extcnd ur
<br /> postponc tho duc d�tc at'tho manthly paynicnta rofcmcd t�in pari�arnphs 1 iu►d 2 or chan�o thc iimount af tiuch paymcnt�.
<br /> ll. Borrower Not R�lensed; Fbnc�urnn�� By l.ender Not o WAlvcr. [ixten:tan uf thu timo fa� payment ar
<br /> nzodi�ca�Uan af umu�i{zatIon of'the.run�s e;ecurc�i by�i�is SLwuritp Instrument grunted by Lender tn uoy+�uc�essor in intcresi
<br /> af Dorrowrr shall nat uperntc to rcicnsc the liubility af thc nrigii�nl Harmwcr�r 8nrrn�vcrt;succcss���;in intcrost.l.�:ndcr
<br /> ahall nut bo mquircd tu commence proceedinga ug�inst nny zuccessur in intercrt ar rell�se ta extend time f�r puyment�r
<br /> othervise modify amoniu►tian of the suo�s securcd by this Securlty In�trument by musnn ot any demnnd mndo by tho uripinnl
<br /> Barrawcr ur Bamowcr}�succc�.tiara in intcrcst. Any fanc�i�rnncc by l.cndcr in cxcrcisi��g nny ri�ht ar remcdy Fhnll not bo a
<br /> wuivcr nf ar p�cludo the oxemisc af uny rlght ar remedy.
<br /> 12. Sucressore und Asslgns Bound;Jotnt nnd Severnl LiubUity;Co-Aignenv. Thc ravcnnnts m�d ag�cementA nf thi�
<br /> Security Insuument shail bind and beneGt tho�uccessora und�ssigi�s nf I.ender and Bamawer.subject to the pravlslons of
<br /> paragmph 17. �arro�vcr!�cavenunts und ngrcements shnll bc Juint und nevernl. Any Barrawcr whn ca-Aigna this Security
<br /> Instrument but dae��ot caccute thv Nate: (a)is casigning this Securiry lnstn�ment anty ta monan�e,g�ant nnd convoy thut
<br /> Borruwcrt intcrc:st in the Property under tho terms aF this Sccurity inst�ument; lb)ia not per�onally obligated to pay the sums
<br /> securcd by this Security Instrumenl;nnd(c)ngreea that l.endcr und any athe�Borrawer may u�rco ta extend.madliy.fort�car
<br /> ar mnko nny nccommodations �vith regard to tho terma nt this Securi�y Instrument ar the Note wiUtoat that Rorrowerb
<br /> conscnt,
<br /> 13. I.ostn Churges. If th� lana securcd by this Securlry Instn�ment iy.r•ubjec� to a IAw which sets mcucimum lann
<br /> CitAi'bC9,Al1tI lIlA1 IAW�R f111AIiy�R1CrpiCIC(I lS0 fllAl 1I1L'�IUCi{:til OP OlI1pP Idilil CIIUYb'C9 Cl1�ICCICfI Ol IO�LC COIICCIfd�II C01111CC1�Ut1
<br /> �vlth tho lonn oxceed ttio pertnitted limits,then: (n)any such loun chu�e shall be reduced by ehe nmuunt necessttty to reducc
<br /> th�chnrge to tho pem�itted Umit;and(b)nny�;uma olre�dy callected from Ban�awer�vhlch exreeded pertnitted li��its will bo
<br /> rcfurtded to Harrower, i.cnder may chaaso to mukc thia rotl�nd by rcduci�8 thz�.ncipal owed undc�the Nocc or by mukinn o
<br /> direct payment ta Borrower. If�refl�nd reduces principal,the reductian wi r.roaied as u paitial pmpuyment wlthaut any
<br /> p�paymEnt charge under the Note.
<br /> 14, Noliees. Any nadce ta Borrawer pruvidcd far in thia Securlty Instrt►ment Fhnll t+c given by delivedng it a.r by
<br /> �,nitin9�i hy�}��sl�!�.+1��nla±��l���lA!�w���s�r�'�nus�s�tlsr_.vl.T!�m:tle�shp!!�s�te:3 su!��;
<br /> Addross ar uny oihcr adclress{lar�owcr designetes by notiee ta l.encler. Any�totice tu i,�uder!�hidl bo glvcn by fitxt ci�.�u
<br /> n�ail to l.enderk uddress stosed hereln ar uny ather nddcesx L.endor designutes by natice to Barro�ver. Any nailco provided for
<br /> in thic+ Sccurlty Insttument ehnll be dcemed ta huvo been �iven to Barrower or Lender when given ns pmvlded in th3s
<br /> pam�rnph.
<br /> 1S. Governiag I.aw; SeverablUty. Thix Sccurity Insnument ahall ba gavemed by fede�a! !nw and the law af the
<br /> judsdictian in which tho Propertar is locnteci. in tho event that uny provisiou ar cinuso of th9d Security inst�ument ar tho NatQ
<br />� conflicte with appllcitblo l�w.such confiict�hall nat uffcct ather Qroviaiuns of thiR Securl�y lnstrument ar the Noao which cun
<br /> be given offect wlthout tho conflicting p.rovisian. 7b th1A end tho provisioris oF Ihis Secu�ity lnst�ument und tho Noto nno
<br /> declnred ta bo severnblo.
<br /> : if� �orrower'e rop�: liorrowor ehnll M given ano conformed capy of tho Note and of�his Sccurity instmment.
<br /> 1�. �nster of tho ProperEy or a HQneilclul Interest in Borrower. If all or any{�ct e�5¢ho Ruperty ar any intcrosl na
<br /> it ia sold or tmnsfamc.d(or lf A benoficlul intoresi In 8amawer ib�ald or trnnsfemd nnd Borrowcr la not a nuturul{►cr�an)
<br /> ' withuut Lendera prlor wrltten consent,L.ender may,at its optian,teyuirc lmmediata puymvnt in full af nll smna secured by
<br /> thfs Security instrumcnt. Howevor.this aptian ahnll not bo oxenised by Lender if exercisn ia prohibltcd by f.,deml luw a9 uF
<br /> � ihe data aP thia Sc.�:urily Instrument.
<br /> If Lendcr oxercisc9 thiA option,l.cndcr shail givo 8orro�ver natice of accelerutian, 7fie notice sholl pravids n perlod of
<br /> nat less th�n 30 daye from tho dato the i�utico is deUvemd ar mailed wlthin which Borrow�r mtist pay all xuma secun;d by thia
<br /> Srcu�lry Insttument. If Barrower fnite ta pny theso sums prior ta tho vxpimtion af this pertod, Lend:s anuy iovoka any
<br /> �smadios permitted by thlb Secu�Ity Insuument wlthnut funher noUco ur demand an Bamawer.
<br /> 18. Borrower's Right to itelnstate. If Borm�ver mects certAin canditiona, Aorrowor xhull huvc Qt�v dght ta hnvo
<br /> enfo�cment of this Sccurlty Insirument discnntinued nt any timv priar ta tho enrllcr af: (a)S dnys(or Fuch ather pedod as
<br /> Singlo Famiiy•-Ehnnb llfaelFbeddh Mac UNIF�ORM IN9TRUM�N7'-�Unifomi Clivennnw 9�'90 (page 4 oj6 pager)
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