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IN
<br />I
<br />Y
<br />85- 003448
<br />,`,he Properz% is alai dicnec: ft- llorl,:t n% Lender to Borrower that the condemnor offers to
<br />71"a.kc az award -Or
<br />or e.tle a claim, B",
<br />'Tower fat csvorw to Lenue,
<br />'As it, r within 30 days after the date the notice is
<br />`1t en. Lender
<br />Is authorized to colic ul 7:,: at v 'Ie proceeds, at its ortion. either to restoration or repair of the Property or
<br />to the sums secured by this Securl")t instrument. whether ornot [hen . due.
<br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to shall
<br />principal not extend or
<br />postpone the due date of the alonrhly to I
<br />in paragraphs and 2 or change the amount of such payments.
<br />10. Borrower Not Released, Forbearance By Lender
<br />Not a Waiver. Extension of the time for payment or
<br />Of
<br />Thoditicalit-n amortization Of the Sums secured by this Sccunty Instrument granted by Lender to any successor in
<br />Interest OfBcrTo%%Lr shall not Operate W release the liability of the original Burrower or Borrowers in interest.
<br />Lender shall net bc. -ea successors
<br />to commence proceedings
<br />against any successor in -interest or refuse to extend time for
<br />Pay Menror orhLrwisernociif -, amornzation or, the sums secured by Ells Instrument by reason of any demand
<br />by
<br />made
<br />the orIginal Borrowc-ar B'Orro"er's successors in interest- Any by Lender in exercising any right or remedy
<br />Shall be
<br />not Preclude iliceexercisectfany right or remedy '.
<br />11. Successors and Assians Bound; Joint and Several
<br />Liabilirv: Co-signers. The covenants and agreements of
<br />this Se it 1`1 trun--1 birld
<br />I sftz.'; " [.he s
<br />andberiefit successors an S its ,)I'I_envier and Borrower, subject to the provisions
<br />ofparagraph 1 - ROM
<br />(-er's - o% enants and agreements shall bejoin, and se%erai. Any Borrower who co-signs this Security
<br />Instrument but doe.
<br />not execute the N' te7 i a) Is co-signing thas Security Instrument only to mortgage, grant and convey
<br />that Borrower'sinEeres, In
<br />the Prr-r eltN under he L-Tns of this Security Instrument: (b) is not personally obligated to
<br />the sum' "L"recl
<br />pay
<br />" this Sec 17-:-, Irlstrurnem, and ic) agrees that Lender and any other Borrower
<br />modifv. forbear or 7rake am acz,,lTrr,.�_,.J:a!jons wt,,h regard to the terms of this S ' may
<br />may agree to extend,
<br />ecuntv Instrument
<br />Or Note without
<br />that Borrower's ctnsen:
<br />12. Loan Charges, 1 :!7 'ecu--C 11", his Securi!%, Ins '!-Urretl! 1, subiec, to a law which sets maximum loan
<br />oharges. jil,_j 2%k l -
<br />.S onjil" ln;`77�--'Iej .0 that 'he interesi E'r her 4ian charges collected or to be collected in
<br />connection wi!h the IlIan \ceed th .,tea hmn's, then (a any such h loan :barge shall be reduced by the amount
<br />necessar�
<br />to reduce Zile charge i(l The permitted I;mit : and (bi any sums ms already collected from Borrower which
<br />permitted limits exceeded
<br />"III he iefunded 10 Borrower Lender may J100se it, make !hi, rfund be reducing the
<br />'Ifa
<br />principal owed
<br />under The Note c,roy makina., di7to, navriten: to Borrower. relund reduc,-\ princival, the reduction will he treated
<br />as a
<br />partial prepavment without _,11% rre-a, . FlIctil charge under the Note.
<br />13. Legislation Affectiug Lender's Rights. If I enzictment nr e.%rit-arion of Z11301-ble laws has
<br />the effect of
<br />rendering an,N le� url'� Instrument ,c,:erdinr
<br />ro;is ie'
<br />may require rms. Lender. at its option,
<br />if 'Urns _�Cur
<br />permitted ',)% para;-anii u M 'hil, Securr% fns,Turnent and may Invoke Any remedies
<br />Q
<br />h!-. option. Leader shall take the steps specified in the second .varagraph of
<br />paragraph i7
<br />14. Notices. -%-.I,
<br />_hIs Sef ;hajl he given by delivering it or bl,
<br />n,
<br />directed to the
<br />Proret'r, 1h OMall be th
<br />An,, ollce to Lender shall be by
<br />a given
<br />i. L Lit an Othet _--ddreks rintice ze Borrower Anti notice
<br />_:r
<br />-Mec. it, Ild'e ;heell an 'ri Borr-o-.kcr or Lender AheTl given as
<br />provicied
<br />15. Goiernint! Law-, lT:,!_,:ne!I! h�;!., t e,j 1rN fcdral Llw and The law ofthe
<br />-,,,nl,
<br />-.he P C, a7r, rrz,,i�ion ,r :!au�e I!:js Sec,,rltv iris it e
<br />\,,te tr m nt or the
<br />apph;cabitl "'UC, -olit, I
<br />.; 'ik)l affet:l other pris-.;,�,�rl� ��I :t l!lstrument or -the Note
<br />Se_ljrjt�
<br />A
<br />can I,-, to eoccl w I: houi 1 h.... -rr;t1hCT 1-,T%-, ltior, To -this Securm Instrument at
<br />hl'
<br />i; the
<br />S��Zjr!�', IFIS17117rient
<br />7�ansfcr of the propern Beneficial
<br />u �l Interest in Borrower, apa Tart o I :t le ,r an%
<br />rier�oni 'inu firr-l-,ker not a natur at
<br />Lencle! Ma". jE 1', ),�:I hill �)fdil sums
<br />'e-'ared
<br />%k"1. this ztpr. u.l Olj: ,: tt: iXT-;,;L, 1�
<br />federal law
<br />as
<br />If Le a hall i"rtc
<br />f . I hili �r.)%
<br />. "T I Id 7 C "ate tl�'
<br />L:eil` ''r M_1;JCLJ it ',k urns secured he
<br />as par w
<br />It
<br />I till,
<br />r,rre'lle,
<br />wii!a0111
<br />. ', t t
<br />18 BorTO,ver Righ o Reinstat e. I
<br />e Tcemen: , Bortke, Old!] ha-,c TITC richl ill ha,,
<br />1!1
<br />zal,,:j .
<br />apphl:jhic at ill.% ti'lle Lj.j%, lot Su�-h "!fier perlo'l a.,,
<br />sate ten oc " aie the E rerz% i "F'"anl any POwer Of Sale - -,',nlained tit inis
<br />��llldlm,!Tis ale that Borr.
<br />owe-
<br />4a) pjgs A"U'Ll be jod"I hi, Secll-;:% all,J it"'. Note lad It;,
<br />o,curl`ed, acccierall"ll
<br />hcl
<br />�"'
<br />Securit,'*, all "'PeTI-1 1TlcllTtL,i ill enf'orcini., till,
<br />flij
<br />7'.C, :1 IT; and horlro,k,,:�
<br />u7
<br />f3orr"'Al.-
<br />19. 4cceieEari4m: Remedies, 'Lendei
<br />%hall give notice *6 ' fol;o-onz l3orro-Vr•s
<br />breach of any covenant ir at-,etrricnt in this Security
<br />InstrumneentYbu not to acceleration under paraVrjphs 13 and I°
<br />unless Applicable [a"
<br />provides lifterwise), The notice shall specify: tai the default: {bi The action require(I ti, cure
<br />the
<br />default: 1c) 3 date, not less [tear 30, days from the date the notice is given to Borrower, h,
<br />rhlCh the default ninsi he cureil:
<br />and id) that failure to curt the default hefure
<br />secured by phi sectirit,, Irsarunicn, , Ml Or dit, date specified in the notice rnis rt�,ujr in jccei "' ation w The sums
<br />, alle ao.� of the F'roticrtv- T ht notice steal: further fili"r—et
<br />infoi ni of the right to
<br />reinstate after accejvja:ijn arid the right to nrtng
<br />a court acittin zi, asjer, rhE,
<br />defense o tericc 4 �i 4cf.ililf ol Jill otlicy
<br />f BQTrl,'WVF and If ffik'
<br />sale. default is rim cured on ,r before rac ii�dzv succitted in the IlWlcv. I'Vivivr
<br />At its rJPtKm fflaY require aTnrnedlate
<br />payment in fuji oaf Ail surns
<br />, wcured 13y his Zcorlt% lust7liment Wtihout furth,�
<br />demand jad Tnav jr,&*,:kt the p(,.wtr. ()f saji,
<br />and an,,
<br />* other remedies periantied by appkcat)ir 1.4%. 1 ender %;1.11; Sl "Willve 14,
<br />coilect all expe"W'i tricurre
<br />-0 in Oil:
<br />pursuing fernediri Provided it', this 1�araitrapii 19. 1ll:iUdI[lW_ 'Hj: Mot hilou'd To,
<br />re'""alith4e
<br />fiMs 3tid A1% of Title vtolence.
<br />if )s vv tikNlt *v dirt) a nor;,
<br />tiW
<br />ti,rl yflamiur
<br />!1it nit IF d';
<br />"
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