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<br /> pa�rn;:�ttv n�ay rm t�+»ger ha reNulcecl,at thn�+ptian ui'Lemler. if niurtgage insurun��c�r►viceuge tin Ihe anzuunt a�Ki tar�, peri�xl
<br /> thut I.cixirj� r.ti�uln:v)pruvldcd by un insur4r uppruveJ hy l.c�idcr uyulu Er�l'UIIlC9(�Villlitllll'UIIJ(J Q�1ltll1llll. Hutr���vcr nhull N:ay
<br /> ihv prcm{umo�ci�ulrcd 1��mafninin mort���;c iasurmu�c in eTCr.t.ur t�►�ravidc a luv�rrtiervc.until tho n��uiremcnt fnr mnngugo
<br /> Invueuncc cndy in ncc��rd��ncc�vith uny wrli�en o�;rcco�cnl hc�wccn[lurru�vrr ui�d I.cndcr or upplii��hlr L�w.
<br /> 9. I�ivpc�etlon. t�en�ter ar iw n�ent m��y mak�rcasonnhia�ntrir�ur�n nnzi tn�pectl�inv a1'�ho t�m�eny. I.ender Fhnll�tivo
<br /> ii��u���wer u�+�ir��ut th�tl��w uf�►�•pel��e t�►nn inspcedun spc�lfying reasonuble cuuso t��r the inspcctic�ii.
<br /> 1fl.�'at�tt�tnt��11�►n.The pr�K�ly uf any ►+wxrd ur clKin�f.►r dHma�tiw, alr��:�ur r�k�4ey��.suial� M r�►nti►���k�n wid�t�t�y
<br /> enndrmnntian or nth�r tafiin�nf cmy p:�tt of thc t'm�rty. ar far c�cmvey�mc�in Ncu c+f��+►neirmnyiian, nrc herrhy n+�:igtt�el attd
<br /> �ta!!t!e Fts4c!ta L�xier.
<br /> In thc cvcnt uf i�tut:�l tnkin�uf thc F'n�nc��ty.d�c pn�rcrds Nl�i�ll bc�ipplied tn thc�um�ticcuaYt hy Ihix S��urtty lnytri►mcnt.
<br /> whcinc�or nns thc� due. with nny exccsv puid ta tio�awer. In thc evcnt u�i� partini taking�f ihc Nroperty in�vliich the fuir
<br /> markct vnluc��f thc 1'r�►peny immcdintcly hefiirc thc ttikln�is c�tucd tu��r Krcatcr thiin thc umnunt uf'thc sum� srcurcd by this
<br /> Sccurlty G�strumcnt itnntcdli►tcly bvfi�rc tho takinG,unlGSS Rurrmvcr an�i l.cndcr oQtcnvisc ugrcc in w�iti�ig, thc sumr sccurcd by
<br /> this Securlty In�:lniment shull h� rcduced hy thc am�unt aY the pmcceds multfplied by �hc toUuwing fraclinn: (n) the wtul
<br /> ►►nmunt nF tho sums sccu�ed immrJiiitcly bctin�c tho lukin�, divided by(h) th� fiiir mu�ket vuluu��f ihe P�operty immcdiutely
<br /> Ixsfrn�c thc tnking. Any halnnce shall hc paid to Bnrrowcr. ln tho ovent nf n pnrtiitl tnkin� of thc Pro}kny ln which the fnir
<br /> markct vnluo of thc Property immcdiatcly bcfore the tukinp is Icss thun thc amuunt af'thc sums sccured immediutely beforc thc
<br /> tnking, unless A��rrowcr uncl l.c��der athenWxo n�rco i�writin�m•unlesw npplicable Inw othenvise provldes. th�procecds chall
<br /> be npplicd t�thc sums hccured by thiA Stcurity lnstntment whether ar not the sumw�ro�hen due.
<br /> If the Propchy is abandoned hy Bnrrowcr, or iP,i�Rer naNco by Lcnder ta Bnrrower that the cnndemnur affcrn to makc un
<br /> t►wnrd or settle a cluim far d�unu�cs, �orrow�r f�►ila ta respand ta l.ender within 30 d�ry�+ aRer tho dute t1�e nuticc is Siven.
<br /> Lcndcr ix uuthurizcct ta collcct nnd npply tho pmccuiy,at its aption.cithcr ta restamtian�r rc�aic of tho Praperty ar tn thc sums
<br /> secured by thia Secu�ity Instnimem. whethcr ar nat Ihen due.
<br /> U�nlc�ti L,onder nnJ Bornawer othenvise u�ree in wrlting, iiny uppliwtion rf pmceods ta principal shull nat extend or
<br /> pastpano the duo dnto af tho monthly puymcnts reforral ta in purugraphs 1 and 2 or chm��e the eunaunt af nuch puymente.
<br /> 11.Borrawcr Nat Rcleased; Forbrur�nce 8y l.cnder Not a Waivcr.Gxtcnsion of the tun�c for pnyment or madifiu►tion
<br /> af amorti�.�tion of tho sums Fecur�d by thi�Security Instrument grn�c;ed by Gender ta uny sue�r�.eor in i�tcn:gt aF Borcawer ahull
<br /> n�t o}�►.rnte to release ihe iiublliry of the arlbincd Bormwer��s���rmwer's successnrs i�intereat. l.c�dcr shall rat bc required to
<br /> commcncr procecdin�s Aguimt uny successar in interest ar refuse to e�tend timu far puyment��r athenvise mu.9�S'y amo�9i7atlon
<br /> of the sums c�ecurec! hy this Securlty tostrument by reason of nny demand mado by the ari�;inal Bnrrc�wvr or B��rro�voc's
<br /> r�uccessnr� in interest. Any fnrbcamnce by l.ender in exercising nny rl�ht ar remcdy shull nra��e a waivcr of ar prec►udo tho
<br /> excrcise af nny�lght ar rcmcdy.
<br /> 1Z. Sucresmrs artsl A.asl�na Baund; JaIM und ;58ver�1 I,Inbllity; Cu-signerE►. The covenunta und agrremcnta qf thi9
<br /> Secu�ity lnstrument shall l+ind and benefit tho succrssors and assigns af Lender und Barruwer, st�bject ta the provlsions of
<br /> gxssgr�h !I. 8�ss��er'�e�r.�ess�tg �ssd agrees�is ahall t�ja3at �td �s�sral. ��y iksrresar�r wha c�r-si$ns this �,�urity
<br /> Instrument but does not exeeute tho h��te: (a) is ea•signir�g thia Seeurlty Tnstcument only tc�mongz�ge, grunt imd ec,evey that
<br /> Barrower's interest in tho Prop�rty un{l:r the terms of this Sccudty Instrunecnt; (b)is n�a persouatly obligatod to poy the c�u►a�s
<br /> sccu[ed 6g thla Secudty In��mnnt_ntu3lcl anc��t thal lEnrler nnd un,y�thnr R�rmwer��wpr�w t��;�.�ru1�}'Y,�'� ano+�
<br /> rawka any accammaiadan.v wiih r��urii ta th��tenua uf�hi�Sccurlty Instrumcnt ar ti:e Alote withaut thut Aarrawer'�wnsent.
<br /> 13.i,aan Chsug�v. It tho la�n�►ecured by this�uurfty Instrument id subject ta t�luw�r•hich sats maximum lonn ehnrges,
<br /> and thAt law is finully interpreted so Ihut tho interest or other laan cha�pe.� callccted or to bo callccted in c�nnoction wlth tho
<br /> loan cxccr.d thc permltted Iln�its.then: �a)Any such latin chnrge Flxali hc reciucvd by thc t�mount ncccssAry to rcduca the ch�a�e
<br /> to tho permittcd limit;and(b)uny su�rns alcc,�►dy colltxtal from 8orrnwcr whlch carceded permittcd limitv wil) bc refimdcd ta
<br /> Bc►rrower, Lender n�ay chaasc ta onnke tMa rcfand by m,ciucing the pdnclpal owal und�r ihe Noto or by mn)cing a direet
<br /> puyment to Borrowcr. �+F A rcflmd ceduccs prir�cip�l. tho reductian wlil be trcatcd ag u punitt! prcpnymcnt wlthout uny
<br /> prcpnymcne chArgo undcr tha Now.
<br /> 14.Naticcs.Any noticc to Borru��er provided far in this SecurIty ln�tn�ment shnll be given by delivering it or by muilii�g
<br /> it by fi��t cla�.�oiu►il unle.ss npplicnbto luw require9 uso of tutathcr mcth�,d. Tho�aticv shull bo direrted ta thc Praperty Addre9s
<br /> ar nny othor nddrcss lbrrower de9ibnates Gy rtatiw ta I..ender. Any natice ta l.cnder ahnll bo givon by �rat clu�ss m�il ta
<br /> l.cnder's addre�.g st^2ad hercin ur nny ather ndclress I.endcr dcaignutes by natice to 8arrpwc�, Anv �atice prnvtded for in this
<br /> Sscurity lnstnuncate shnll ba dccmcd to have bcon givcn ta Borrawer or t.ender when given ag pravlded in tiiiN pAri�rn}�f�.
<br /> YS.Gar•erning I.ww; SeverabAtty. This Securiry [nstn�ment ehall be gaverned by fer�eix�l Imv and tho luw af¢hc
<br /> jurisdtctian in which thc Pmperty is laccdcd. In tho cvent thflt any pravision ar clause af thi9 Securlty aasUumont or ihe Natc
<br /> canflicts wlth epplicable Raw, such canflict ehall nat affect uther pravistons of�hic Security Instrument or tho Nato which cun bo
<br /> glven effert without tho onntlictiq, provisian.Ta Yhis end the pravisiona of this Securlty lnstrument and�,ho Nata arc declured
<br /> sa be sovcrubie,
<br /> 16.Bc�rrowcr's Copy.Barro��•cr c'huli bo given osto conformcd capy of dic Idoto und aP thi�Securlty Instrumr.nt.
<br /> Form 50�8 8/80
<br /> voao a ot a
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