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05895
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<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to
<br />make an award or settle a claim for d3mgc% Borrower fails to respond to Lender within 30days after the date the notice is
<br />given. Lender - authorized - collect and _apply -the proceeds_ __'Mio- either to restoration . Property or
<br />� to t he sums secured by this Security Instrument. whether or not then due.
<br />��- Unless -_'__--_--__'_-~__-
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<br />It Not a Waiver. Extension of the time for payment or
<br />� modification of amortization of the sums secured by thismecunty Instrument
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<br />interest m Borrower shall not operate m release the liability m the original Borrower or Borrower's muc^essomin interest.
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<br />Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made
<br />by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy
<br />Voi sball not he 2 waiver of or preclude the exercise ofany right or remedy.
<br />� Several of
<br />/ 4M this Security Instrument shall bind and benefit the successors and assigns ° Lender ~~~~^~-~ the provisions
<br />q=4 of paragraph 17. Borrower's covenants and agreements shall bejoint and several. Any Borrower who co-signs this Security
<br />� Co Instrument but does not execute the Note: (u)m co-signing this Security /cstrum:n' only m morigage, grant and convey
<br />Vej that Borrower's int*oes,intx,9rupcnvunu=r'he terms n[ this Security Instrument: (o) ., not personally obligated mpay
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<br />the sums secured uythis Security Instrument; and (c) agrees that Lender and any other Borrower may agree mextend,
<br />mochfv, forbear or make au/accmmmwoao^os with ngum,n the terms nr this o�*,,yIn,`mmon/o,the Note without
<br />that Bmrn,werscuus�'c
<br />%D 12. Loan Charges. Ir the loan secured orm��cumx/mnmmunt.omWe�tou�wwucas�uma�mwmu�o
<br />00 charges, and that law u onuUv interpreted m that the .ot,v�/
<br />or other {000 charges collected or to be cvihzteu in
<br />connection with the loan exceed the pcnn^,cd limits, then: fa) any such loan charge shall oe reduced »y the amount
<br />nuessa'sm reduce the charge to the permitted limit; and (u) any sums u/reauycoocc,ed �omBonu~cwh�hexce�,d
<br />xmm�=,u»c,�"nuud to Borrower, Lender may chm�rm make .h* refund by reducing the principal owed
<br />under the Note or by making a direct payment to Borrower. If a refund reduces principal. the reduction will be treated as
<br />partial prepayment without any prepayment ckxrmeonuc,zhrNut,.
<br />13' Legislation Affecting Lender's Rights. If enactment or expiration of applicable iuw, has the effect of
<br />rendering any isiw nr the Note nrthis Sezori'v Instrument unenforceable according /v its terms, Lender, ot its option,
<br />may require immediate payment in a"o of all sums secured u, this Secuno mom",xn, and may io.ou^ any remedies
<br />permitted by paragraph 1n.o Lender exercises this option, Lender shall take the steps specified .othe second paragraph nr
<br />paragraph 17.
<br />14. N"vmces. Any notice to Borrower provided for in this Security Instrument shall wc given hy delivering i,o,ov
<br />mailing x by nn, class mu./ unless applicable law requires use of another method. The notice ,huU be directed to th*
<br />Property Address ", any other address Borrower designates uy notice m Lender. Any notice m Lender shall ur given b�
<br />n,yc�amail ,nLmuec'»uuuzos stated noemo, any wucruuun�, Lender designates »'nouce'^ao�nwrc Any noucc
<br />provided for i"this Security I.-istrument shall be deemed to have been given to Borrower or Lender when given as provided
<br />.n this paragraph.
<br />15. Governing Law: 8c`embo/t'. This Security Instrument shall bo governed u/ federal !uw and the law of the
<br />jurisdiction m which the Property .s|mturn,occ,en,mu,unvrm.oiono,ciau,cofmissecuri'vIoommeu'nrtxe
<br />Note conflicts with applicable law. such conflict shall not affect other provisions ^/this Security Instrument v,the Note
<br />which can he given effect without the conflicting provision. To this end the provisions of this Security Instrument and the
<br />Note are declared mocseverable.
<br />x*. Bm"^ver'sC^vy. Borrower shall be given one conformed copy of the Note and of this Securitv Instrument.
<br />17. Transfer of the p,vnerts or u Beneficial Interest in Borrower. If ail or any pun of the p,nnrrty or any
<br />interest m.t., sold v, transferred (or .[u beneficial interest .n Borrower `r sold vr transferred and Borrower ., not ^natural
<br />person) without Lender's prior written consent, Lender may, u' its option. require immediate payment in full mr all sums
<br />secured by this Security znstmm,n/ e^wper, this option shall not be exercised by Lender /r exercise ., rmx`bi,cd by
<br />federal law ,mo[,bu date u['hi, Security Instrument.
<br />ir Lender exercises this option. Lender shall give Borrower noticr of acceleration. The notice shall pro, 'cle a period
<br />v[mx less than 3n days from the date the notice ., delivered o, mailed °.mm°mco Borrower must pay all sums secured uy
<br />this Security Instrument. n Borrower fails 'o pay these sums prior m the expiration a this period. Lender may invoke any
<br />remedies permitted »y this Security Instrument without further nvvcen, demand ^nBorrower.
<br />10. Borrower 1 5 Right mReinstate. K Borrower meets certain conditions, Borrower shall have !he right mhave
<br />enforcement o[ this Secvm' Instrument discontinued atun/ time prior w the earlier of. (w5 days (or such other period u^
<br />,pn|kuuu|*° may specify for reinstatement) before sale ^r the Property pursuant munY power o/sale contained inthis
<br />Security Instrument: orm>^n,r/oru/uu . enanmnum,,ecu"'' m,'r"m,n/, Those conditions are that aormw°,.
<br />(a) pays Lender all sums *x�o then °vum be due under this Securn/ /xy,umcn/ and the Note had no acceleration
<br />occurred ' mm) cures any default of any other covenants or uunemmt,. 'c` p^', all expenses incurred in enforcing this
<br />�cuno ,'mmc,'.
<br />including, but not limited to. moumub|emm,"cp' fees. and (u) takes such action as ccoucrmuN
<br />reasonably require if) assure that the lien of this Secu"'v Instrument, L u '
<br />rights-in
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<br />obligation to pay the SUMS ucuned by this Security Instrument ,h^x c""vuur , b'
<br />Borrower, this Secuno Instrument o"u,heubl'e^um~"="red hereby shad reiTi"=!-u/ly effective as � no *^=urationham
<br />cccurreuHo*,v*.misnoo,/nremym,smu|vwapp/ym,necase"raccr/,o/.""=de,roraxrarx 13n'1-7
<br />NoN.UNIFORM COVENANTS. Borrowerand Lender furthercovenant and agree as follows:
<br />19. Acceleration; Rememes' Lender ohm/ give notice to Borrower prior to acceleration m/mwmo mv,m°«r'y
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration uo paragraphs 13 and 17
<br />valase applicable law provides otherwise). The notice shall specify: ia) the default-, (b) the action required to cure the
<br />4lefinidit; (c) a &ate, noit less than 30 days from the date the notice is given to Borrower, by which the default must be cured,
<br />sod (4) that failure to ewe the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by Ode Security IsWument and ask of the Property. The notice shall further inform Borrower of the right to
<br />� ,elwslmft after m*ctmerwmwn and the right to bring a court action to assert the non-exmtt"or of uom"it or any v,:m,
<br />k� wpIwwwww Borrower mv acceleration and sale. xf the default is not cured mn,* before the date specified m the notice. Lender
<br />at its wmmmidlate payment in full of all sum secured by this Security
<br />dmmmW and may invoke the poirer of ask and any other remedies permitted by applicable law. Lender shall be entitled to
<br />team an expenees incurred in parsulas the remedies provided in this Paragraph 19, including, but not limited to.
<br />reanos"k atiterneys, fen OW tosits of title evidence.
<br />If the power of sale is involted, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall Mail copies G(Such notice in the manner prescribed bY applicable law to Borrower and to the
<br />other persons prescribed by applicable law. After the time required by applicable law. Trimee %hA!l give public notice of
<br />%ale to Ow pervms "d in the manner prescrib" by APPlicable law- Trustee. �ithouf iemand ,n liorr�er. %hail sell tliv
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