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if the Properly is abandoned by Borrower, or if, alter notice by Lender to Borrower t OQ1�2g
<br />make an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date
<br />given, notice is
<br />flee$ to
<br />given, Lender is authorized to collect and apply the proceeds, at its option, either to restoration or repair of the Property or
<br />to 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 />r postpone the due date of the monthly payments referred to in paragraphs I and 2 or change the amount of such payments.
<br />I0. Borrower tint 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 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 />shall not be a waiver ofor preclude the exercise ofany right or remedy.
<br />I I, Successors and Assigns Bound; Joint and Several Liability; Co- signers. The - _ovenanis and agreements of
<br />this Security instrument shall bind and benefit the successors and assigns of Under and Borrower, subject to the provisions
<br />of paragraph !t Borrower's covenants and agreements shall bejoinr and several. Air✓ Borrower who co -signs this Security
<br />Instrument but dots not execute the Note: (a) is co- signing this Security lnstrumrnt only to mortgage, grant and convev
<br />that Borrcwer's interest in the Proper[ under the terms of this Security Instrument; (h) is not personally obligated to pap
<br />the sums secured by this Sccurir }' lui :'
<br />rumrnr and (c) agrees that Linder and any e!hrr
<br />tit defy, fixbear or make any accommodations with regard to the terms of tills Security Instrumment may
<br />the
<br />Note without
<br />that Borrower'sconsent.
<br />12. Loan Charges. if the i:-an secured be tli ;s Security Instrument is subject to a law which sets maximum loar,
<br />thane, and :hat law is finally mtrrrreted io that the interest or other loan charges collected which
<br />ur to be collected in
<br />connrcuon with the loan - .xcerd the i :rrmired limits, t rn
<br />necessary to reduce- :he charge to the ;, (a) any such an charge shall be reduced by the amount
<br />i- remitted limits h omitted limit; and (b) any, sums already collected from Borrower which exceeded choo under !lie Note or by makingia d re` t Lender
<br />Borrower. If a efunJ mnke
<br />�sthis
<br />principal lie redo ontr :Id be created as a
<br />y ' principal ow•cj
<br />art!a! repayment without any prepayment charge under the Note.
<br />13. Legislation Affecting Lender's
<br />nctce,Ing an Y F r,,vis!en of the N. :,or Rights. If enactment or expiration of applre blc laws has the elect of
<br />:his Security Instrument unenfurccable according to I; s terms, i_rnder, a:
<br />aeon lited be ImrricrJPtc paYrnrnt Iii ltrii ul elf sums se tied by this Srcur,n Instrunent and may invoke any remedies
<br />its option,
<br />n __ trap by pa: Brach I) if Lender exercises this option, Lender shall take the s[e s speafie, in the second Paragraph of
<br />ra Sao I'
<br />P
<br />I4 \otrtes. nv nun to Heir o vcr pr vice, d to, i this Scc ,n!y ltistrument shail be riven by delivering it or by
<br />all unlc s FriiI [ ^re !aw equtres a <t another method i
<br />r'r I rt..�Jt+ c- ,r any th::r a dr ss d s none .hall F,e dirc::ted to the
<br />inner sienatr. L r notice r Lender Arne richce to Under shall be given by
<br />!ed mail c , rid• r ; address ar;r ',iron or any :vher is dress Lender designates by ncitce ; Borrower :1ny notice
<br />rJed !ur:n rho S r cup lastrumcn[
<br />ia!1 he ci�eured to ha.c been _o'. en to Borrnaer or Lender r
<br />o Ibis paragraph.
<br />,;en n en as provided
<br />IS. Governing Law: Severability. ,,
<br />7111, Sr.unty' r mint Ball he governed ry
<br />n,nsJ :scion ur st.htch !hr Pruner � r ,ocattu" In Ihr cvrnr that !n��
<br />s ;ac,,:! law .,rid ;!ir late of the
<br />ore cunt,ic!s with applicable raw ;ch v Pr vision or kt. :.c r his Jccurity InSMI!,l r
<br />nhic. �ha ;J nut ,cifcct otter: pint en, or the
<br />which can he rvrn effect wuhe,i. the tors!! asunis vl'tha `county lnscrument :
<br />'teal-, pro%')) =n. To t!r;s end t e provisions of this Security Instrurrrrnti and ' the
<br />��ti[c ore declared :u be severable.
<br />I6. Borrower's Copy. l3 :xn %•vex •i;ai! re riven rule r.,r,hxrntd ropy of!he No :r and of this Secur:[y lr,szrument.
<br />17. Transfer of the Property or a Beneficial Interest in Borrower. If all or env part of the Property or any
<br />interest In It a sold or transferred i. r ifa brhetic:al !nterecr in Barr. wrr Is sold or transfen"cd ::rid Borrower Is ❑n 1
<br />person) without !_ender'; Prit r wri!tea „scat. LrnJer rr.:y, at its bin,
<br />ecured by this Secuncy 1! I a nature.
<br />sl LITIt !t 11c,vrver, ' pt require Immediate payment In fall of all suites
<br />l decal law r. it's ';ph rr "•hail not i'e exercised by Lender if e.terc :se I)
<br />as e :f :he u..te ot'this Srcu:,ty instnureh ;. i'roh btied by
<br />If Lender exercises his oli too I L rid
<br />loll ,.r.c [)grrl,.vrr ncttce "rite eicration. The notice shall pros rte a Period
<br />troy Lv than _i0 days Iron the,' tic ;u n c u drin »rid or nailed wi:tini which Borrower must pa) :Ili burns secured by
<br />!ten Security i,nN Im.trurnent. if Borrower Mils ;I pay these sum seMir to the. expiration of !leis period, Lender ilia, invoke anv
<br />remedies. Borrow by thisSrcurtt :InstrumenttvdhoutfurthernAh or demand on Borrower
<br />18. Borrower's Right to Rcin.stat
<br />t I BOrrOwcr meets certain conditions. Borrower sh. :!l li v • z!,
<br />r xcrn'Irnt i 'his SccuntY !n,tru ic•i, acs _r InucJ at a „c :trite prior w the cariier Ill • c c Irh; ;u have
<br />isahle I;uv ma.. specify for r'r, ,rtiuncnt) hi fir. r c,ays [o such ." -he-•
<br />sole ,>f lire f ro,rrtY , perwd as
<br />ruv lnstrutncnt: Ili Ili) ..try r t { i r ricri to any ' .a'rr of sale .oi a ;cd ill this
<br />;runt :due under -1 Se,'i[tty Instnuncnt 'hiiose a ";,rts"Ir: the. tlurro%e,
<br />ui pays L ader ail burin which rncr, „ru,!d ,,e due under rhIs Sectinry instrument and the No!L h,r•] no ace•
<br />s.:urrtd. ;h) .ores art,, default ,,f nY In r enants or i rcemrnts.
<br />�u int} Insuuuient. Incicidui;, his nit cicrarn,a
<br />ur.Itc,1 to, F c) Pays all e.tpenses w.--u! ni 11,!,>rcln,• th s
<br />nobly require to rcasu.i tblc at:,,rncy;' fees; acid (u) takes such acU n as L eider r
<br />assure :hat the !IC, _f this Security In tr.uuer,t, i ender's rights u[ tike Prriperty anJ Brrro%%er's
<br />HtrsAo' Iron ro pa. the sum; •.I,urui ,y Security lnstrurnuu •hall continue unclianyeJ. Uporl rruist :ucn :vu t,,
<br />rt`wer,] this eVt onity instr•unent t rf he luorgauons secured'•er iiv shall rrrnaui fully < :Itect ;veal it ; `:L,c'rr t:un !lase
<br />his right to reinstnc •.i,al ,tut apply;n the�_I,c „f.ia'clr:'anun under paragrapi :, i 1,r 1"
<br />Nr�rr- L,NIF'ORM11 CrJVEtis l:i Ilorrowcr and Lender further covenant and agree as follows.
<br />15+. Acceleration; Remedies. Lender shalt give notice to Borrower prior to acceleration folluwing liurrowcr's
<br />t :reach of any covenant or agreement in this Security Instrument (hut not prior to acceleration under paragraph.. I_; anti 1?
<br />unless applBcBble law provides otherwise). "I'he notice shall specify: (a) the default; ill) the action required to :ore ;fie
<br />default; lc) a date, nut less than 30 days from the date the notice i9 [liven to Borrower, by wltich tht default alas[ be cured;
<br />acrd !d) that failure to cure the default on or before the date specified in the notice may result iii acceleration nr the sutras
<br />L stcurtd by this Security Instrument and sale of the Property. 'I'll, notice shall further inturril Borrower of the right
<br />rcimtate oaffer acceleration and the rir;ht to tiring a court action to [ewer[ the non•e%istcnue of a default nr any Iltl[er
<br />drfrnst of in grower to ire ini afirJU au 1 sale. !!'the default is no rueed on iii before the der. sptc,Hed in the entire. Lcnd,•r
<br />i .en option way require itntnedirte payment iii full of all sums secuicd by this `eci.rity Lrstniment w;t!nnr: fcn'thcr
<br />rltrr,and grid rnuy invoke the power of sale. and any other renicdit.v pt.ruutle(I by applicable I:)iv, L.cnu_^ sh : :Il be cnUtl, d rtt
<br />u,Jr['t all espenses Incurred in put,tring for rrmudiev procicJetl in this paragrphh 1 <r, ;nclutfai;, i.;
<br />r< ason,it,ly attorneys' fe" ant, nest ^; of title evidence.
<br />I t nut Iuuhd to,
<br />if f pow n( soli ,,lit d ru�,rer shall record n i Lt� of i f:urir in curb e,.ur.ty m nl:i a :;r,
<br />f rr yrrty rs h, {;aced u d shall n ail , , r % °f such noticl :Ia the Inimil, ; rc.crlbr l !?, it r :he-
<br />r!i..r ire�r to prv- •xuibt'li f, 1
<br />;�h 1 "t W. 411 e ilii re �:1, :.,1 !y ,r rn file ,er4urs .s;rl rii,ul ,bk• na t. rl ,n, rl ,, 1.,, ,
<br />.ii_�p!.. '�• ! r,n. ', r,r•ll r .fl,ll
<br />,•u? : i1.-,,. rill .;l .,y calla .. r; "L: i.t.l 1ru -.• - i. � pn� I t i. f
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