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If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor criers to
<br />make an award or settle a Maim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is
<br />given, Lender is authorized to collect and apply the proceeds, at its option, either to restoration or repair of the Property or
<br />!o the sums secured by this Security Instrument, whether or not then due.
<br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or
<br />postpone the due date of the monthly payments referred to in paragraphs I and 2 or change the amount of such payments.
<br />10. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or
<br />modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in
<br />interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest.
<br />Lender shall not he 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. Anv forbearance by Lender in exercising any right or remedy
<br />shall not be a waiver of or preclude the exercise of any right or re:nrdv.
<br />1L Successors and A::signs Bound; Joint and Several Liability; Co- signers. The covenants and agreements of
<br />this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions
<br />of paragraph 17. Borrower's covenants and agreements shall bejoint and several. Any Borrower who co -signs this Secunty
<br />Instrument but does not execute the Note: (a) is co- signing (his Security Instrument only to mortgage, grant and c
<br />that Borr.nver's interest in the Property under the terms of this Sccurity Instrument; (b) is on Vey
<br />not personally obligated to pay
<br />the sums secured by [his Security l estrum mt: and (c) agrees that Lender and any other Borrower may agree to extend,
<br />modify, forbear or make any accommodations ,vith regard to the terms of this Se Instrument o er a the Note e t end,
<br />that Borrower's consent.
<br />L'. Loan Charges. If the loan secured by this Security Instrument is subject to a ;avv which sets maximum loan
<br />,;hsrzes, and that law is finally Interpreted so that the interest or other loan charges collected or to be collected in
<br />.onne nun with the loan exceed the permitted limits, then: (a) any such loan charge shall he reduced by the amount
<br />:,rcessary TO reduce the charge to the permuted limit; and (b) any sums already collected from Borrower which exceeded
<br />! ertn:[tcd !emits will be refunded to Borrower. Lender may choose 10 make [his refund by reducing the principal owed
<br />u.n.dcr the Note or by making a direct payment to Borroucr. Jfa refund reduces principal. the reduction will be treated as a
<br />,+ar.a:al prepayment without any prepayment charge unoer the :Vote.
<br />23. Legislation Affectin g Lender's Rights. If enactmefit er c
<br />endrrtng any proviston of the Note or this Security Instrument unenforceac!e acteerdi.. a,,phcabfe ;aws has the effect of
<br />in-0 require irtmrdiate payment in full of all su^.ts secured by this Secu,it. lns:rurn fit ardcmav uavnker nv remedies
<br />crntitr d by pararraph i9 If [_ender c ercaes this opr Lancer ;)tall take the steps sreafied in the second paragraph of
<br />ar er tCh 1'
<br />14 latices. Ar.y r,utl, c r. Borrower provided 1 „r in this Sccunry instrument ;hall l:c iveb ::v delivering it or by
<br />:
<br />Tat it st class mail uniess applicahie lat requires use ,,t
<br />if any „ r,vutrr cthotl Tile notice �i_,ail hr directed to the
<br />tiler a.ldress i�orrnwr dcsu;n: tcs by r,, r e ro I e rder At ,,% �,tcc I, Ica :der shall he given by
<br />t s mau r °; [.ender'. address tested herein or ,r a carer ci Ire Leader desir,rtacs ac r
<br />t.r., rd „r n tms .�ecun[y Ltstrumer.t mall be %..c ncd :, h t, ,. • "[tcc inrr0 ver Any notice
<br />a h, , ph. ee a ,,r rr..:, ls,a. rn• r v # c „der t. her
<br />Paragraph. oven as provided
<br />:r Governing Law; Severability. This Sr ur v Inurumrrt .hall ix veined t;t red °cal lau
<br />ur, f n
<br />Of which the Proper-, v, loc ed. In the c e l that .,Day rid the ,aw of the
<br />e rrt s u;th a! hcable la ,v. r r veldt r a c .:f (his )cCUnty Irutru,uen'. or
<br />IP uchcoa.tia tst7 t er u.un ot? Se- the
<br />rt cos ” 21% in rrfect without :tic: • n t; t is u:rity instrument cr the Note
<br />nflic. nc i r,Y -istun Tc ,rD:s r.J ,::e ,.r.tctsaon ,tf this Secunt} Instrument and the
<br />lcciaren;obesirerab:e-
<br />16. Borrower's (,'npy. ti )rrocver shall be. liven one cc,pv t t,,e Note and of [his Secunty instrument
<br />17. Fransfer of the Property ur a Beneficial Interest in Borrower. Ir ::ll e:r ny part f !he Property cr .'fny
<br />n is i,oid , r transferred 1
<br />:fa bcnchci:al t uerest i Do ,, wcr is soid translerrcd art, Bor euc is net a natural
<br />r�rss:rri ui :r,Jt lender”; prior wn1 c , tscnt. 1 cD d;e it, av tt .ts
<br />acrd i t! rs �.cunn lnstr,.mc.:, Dltn.:equtre Immediate payment t fuil tali sums
<br />HOWTI,er, tr.is op;:en saati rc t.e exercised by i.ender if cz
<br />rag I:aw sr,ftl:edateo1 tillsSecurtt': Instrument erase I
<br />s utaai•ttru by
<br />If °.cr der rcases this,; ,ion. [.ender shall z r:e I3urDOwer r,cttcr :,; ,Lcceleration. F'ae aaottce shall pnn'tde a , enr.'d
<br />h not less than J days from the + tu. t lle r tice is .,cli%ercd .,r nlaticel —trim tvioch Borrower must p:tv all �.unu secured by
<br />this Securely Instrument. !f Borrower taI!s to ) ay these wars prior to t. ^.: exi,tra[:utt c l this
<br />mollies permatrcd by his Secun:. Instrument without further net:ee or demand un ;f ihl;wrrlod, Lenvcr n:ay i:ncke an",
<br />l:t. Borrower's idlfht to Reinstate. if Borrotve nee cc:ta a ;rrtdtr lio-rower shall h:,ve the ragJtt :c hate
<br />S.--cur 'nt ►rs:ru :nrnt dtsc<'nrunie ; :.t �:;} ,.; to pru>r .0 the earlier cf: (a)' clays for suchihcr Period as
<br />"uriahle law may peeily ti)r ter islatc merit) IDefure sale of the Property pul uant to ant ;,ower of sale untamed in this
<br />ccurary l- .snumer,t: ur fh) , .tr•. !
<br />t )ud anent cntorcanf; ;his tiecur➢ty instrument. l luasa conuut ns arc Thai 1?t;rrcwer:
<br />ia) ;rays Lender ail sums which ,hen wnuid he due under fits Securnt} Ltstruntent a.ad tine .;one had no :cceler•a erg
<br />tutored rt >I u es .na default t
<br />all
<br />f, I st,trunnent +,' clad a -, y `other rerv,:i t is ,r agreements. (c➢ i ays sal penses tcu: red a c of :rang this
<br />u: tut limit d n� <awnabic atrorncvy tees. oat, t.Ii akcs such act „,n ns i.rndcr map
<br />ra r.,nabt requre !,? assure that tie lien f tilts Security Instrument. ' ,,na is nt:h,: rra the
<br />b,t alum i av ,he surns S
<br />u .r1 by this Security instrument shall ,aunt fit c c r d d,•r w .;'s
<br />fiurraurr tats'+rc rr. !n li ant ami rh, : hna::Ahnns secured heleby 'hall •' ! an[~ea [ pen :<m ate: t.at '` +y
<br />c urrc3 I1 .we cr. the, r :ght to re instate shall not apply rein rot . Ile, tit as is !I” tcc �,, :,,i;,.,n !u;c1
<br />ut rile case c f .,c, clerrat ran , n:irr , a :ayraph . ' '
<br />'vr`w- UNiFOH!.t C O VL14 * ^. TS Borrower and I.cnder further covenant and agree as follows:
<br />19• Acceleration; Remedies, i.cnder shall give notice to Borrower prior to acceleration rolloarn( Itonowrr °s
<br />breath of any covenant ear Agreement, in this Security Instrument Ibut not prior to acceleration under paragraphs 13 find 17
<br />del l applicable law ;s one's than otherwise). The notice sltaU specify: cal the default; (a) the action ree;utred ire cure the
<br />and (d1l: i a a date. rrof i s than 30 dDtys front the date the notice is given to Borrower. by which the detsoult mu t >r cure,;
<br />and ire that failure: ru clue the default on or before the. date SpcciiW in the notice may result ill acceleration st' the cured;
<br />scouted by this ;Pecurity Instrument and sale of the Property. '1'hhe notice shall further inform i1ccel Borrower of the right to
<br />rvinst:ate after ucceleratlon and file right to bring a court action to a.;,scrt the non- tx :stence alt a default ..r one ,nthcr
<br />elefense of 1n relay rr to ire immediate rind sale. if the default Is not cured on or hefore the date specified in the nettire. l.enelcr J
<br />et a.v otytd,,;n sorry require iunmediaNt payrryert, it, full , +f all sums Secured by till Seeaarlty Instrument w- itlu>tat furrlDC :r
<br />rr rrDd and dray tiv akr the power of gale and any either remedies permitted by applicable l aw, Lender shall be c utitlyd to
<br />�ttert .,t! >nnpenses incurra:l !n pursuing 11,0 remedies provided In this paragraph t�, including, taut not limited tti
<br />rrc a,Ir ?hP,: att wi-t •VV r= .,i Anti c,avrI of title evidence.
<br />if the ! - """r :f .al i, orreol cd. ITuStee shekel : e< :ofd :t rhetie §' nY ,fefautt In each .,sunny ..a '
<br />"'�,ptrty t$ l.a,`a +�d +nEg s.h tld r:,;ilf e,apia•_v (If sttetr nrrtier in the rnfaaleea ^a prwcrtt h5 :applies ",le loom oil ilnrr.: , �r all (f free
<br />rt e ( PRrlri i t �ia1 hai t if) 9hr
<br />(':revs Pkr i'It !ly 7(yplii "�hlk' ra ri', �tre'r the? fdJfDR' I('Pt41P C'ri FAY' t'nlrc :l ill €' �.01w, 1 rlt�Ct?C shall ;:111 t'
<br />+ea' rfl their ftE'r61 Yi9 oidYea in the' rttanr "I jl r! "%r•r reap d 6y ��t[rplicdhl,t �_i� I: :,tae, wt9ftnut :lent:, earl :•h It,,,; ,.vr .hst� •
<br />¢ hr
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