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r <br />L <br />r <br />$5== i0049.55 <br />If the Proper-, is abandoned b" b -: ro,-k,!;. or if. at nonce by Lender to Borrower that the condemnor offers to <br />make an award or set' le a :iaim for don :tap : : ;. Bc.r,.,wer. falls to respond to Lender within, 10 days after the date the notice is <br />gnen. Lender is autnonzed to collect an apply the proceeds, at its option, either to restoration or repair o f t he 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 />postpone the due date of the monthly payments referred to in paragraphs 1 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 inn sums secured by this Security Instrument granted by Lender to any successor in <br />interest of Borrower shall not operate to release the !lability of the original Borrower or Borrower's successors in interest. <br />Lender shall not be required io commence proceedings against any successor in interest or refuse to extend time for <br />pa} men! or othencise modify amortization of the sums secured by this :Sfi. urny Instrument by reason of any demand made <br />by the onfg:nal Borrower or Borrower's successors in interest. Any forbe::i sricc by Lender in exercising any right or remedy <br />shall not he a •.varyer of cir pre: iude the exercise of an} : aht or remedy. <br />11. Successors and Assigns Bound; Joint and Several L iabilit ;; C -signers. The covenants and agreements of <br />this Securir: lnstrumeni ;nail hind sod benefit the successors snci a ,, csi;!n ,?f Lender and Borrower, subject to the provisions <br />of paragraph 1 . Borrower's cot enants and agreements shall he joint and several. Any Borrower who co -signs this Security <br />Instrument hi!t _ioes not execute the Note: (a) is co- signing this Secunty Instrument only to mortgage, grant and convey <br />that Borrower; ierest in the Property under the terms of this Securir: in,irument: (b) is not personally obligated to pay <br />:he sums secured by this Secunty instrument; and ic1 agrees that Lender :.nd any other Borrower may agree to extend, <br />modify, forbear ^.r make any acc,,mmodations with regard to the terms cf this Security Instrument or the Note without <br />that Borrower's consent. <br />12. Loan Charges. If the loan ecured by this Security insirum_nt a tun ;ecz to a law which sets maximum loan <br />charges. anti Ilu;t .sw is nnaiii nlcrpreted <o that the inieresf ar .he: !;`an charges collected or to be collected in <br />connection with he loan exceed iht permitted limits, then. ia) any such !oat,. charge shall be reduced by the amount <br />necessar} to reduce the charge to the permitted limit: and (n) anp sun,:, aireadv ,-ollected from Borrower which exceeded <br />permitted limits w;ll he refunded tc, Borrower Lender may choose to make this refund by reducing the principal owed <br />under the tote or by makine a direct payment to Borrower. If a r efund reduces princ ;pal, the reduction will be treated as a <br />partial prepayment without any nrepavm m.t cnarge under the Note. <br />13. Legislation Affecting Lender's Rights. If enactment :,r eeprranon of applicable laws has the effect of <br />rendering anti p, :n :d tie N. iris S cciml% instrliment nen;i,r e Jccording to Its terms. Lender, at its option, <br />may require :mmed: ate rapt ^� :it I :, `ilii i.l ,urn, secured by this Sccurir% Instrument and may invoke any remedies <br />permitted'Dy v -agranh Q ! ` L,' _ his ;,piton, Lender shall take the >rcps speared :n the second paragraph of <br />paragraph i' <br />14. Notices. v n ace er,' u.:d l..:• tits Sec n. hall he etven by delivering it or by <br />root: n . ;.i., awres use ,+ s:, _....: '_ ._e ,nill C.e directed to the <br />Prone Ac.. � 'r .. , ^at _,.,f. s !io, ace ;fesr riate, il } nor.cr iv, •u uce a Lender snail he given by <br />{:- rag herein or any ether add, ss na,e ^: .; lice to Borrower Any notice <br />prov.u_.. :, l •I �C : , _ , ..,..:nett ;hall he deert:ed to ilati c ,,c_;:.. .. , ,:I - - -tcl or Lender when given as provided <br />n rh:, ; ncra ^n <br />iS. Gmernin law: 5c'r.rr: bilin. Tilts Jr_u. I cr ric, d.rai :air and the !aw of the <br />iirts,hcn . n ',alc a In Ohc _s ,use It ,ms Secunic Instrument or the <br />Note c:xV),_ , w t. `; u.a .., `.a :. tine! :.. , -I­ rferi user 1 il, .. •his Crcurity Instrument .,r the Note <br />which can be d:r a.t:.,,Ln ht, c<,nf icnnc r its „'n this Seciirtn Instrument and the <br />I6. li .n ,.,., . t.' „o ». !+ _ . _:.. t This serum. Imi +umrnt <br />1 ?. the Property ,,r :_ ,,..,ieneiai Interest in T II :%IN .)f . r Property :rr any <br />merest •n _ t ii .. ad Brr • wer nc,I a natural <br />w c:u. L ; :r. e; rna% . r r, : ;.t %m..0 iil of all sure, <br />Der, , s:. .,. .., L..,. ,. :. ....... <br />,Cc'u,_u ',t Till !. � <i•5,. 'l; .•i :' t`.I, ra4! .. �.. .. „ ..er :.,C PitthINICd fit <br />t ederai •aw :.. (` -i 71,1 r It merit . <br />11 .. _ ^Cl <s.. _. .. i., ..:•t 1!:' _ii. SAC ,. _. , •, T1 t..._v,al' r•:. isle :l periltri <br />(n„i xs. ":fI r t' to - ar: :r ..::; t: _ .. ••.; s., "..,' `, ., .sc .• .., ^a'. i,ums, :cured by <br />n's �c:ur: 1, ,f ,,, _ ., w _. ';:;!, .'l e ,. , , 7 _... a d. 1_en,jCr 111 1o.c an.. <br />:'mC.t rr, ^ern :!: c ' .. , Jc_..: ,, ...' c ., �' :. :. ., .... ...._ ,..•....,. !i, •, r :�i�el <br />19. Borrower, Right to Reinstate+ f ii<,r[w,r'nee s n .«: .ail na.e :..r ahr <br />C'r?• �r�. ^.,,e ^., .. .,. .. I'i . .. i. _ _ . :t .In, .Jo '.tr,u_n the., `d I, <br />app'. at is 'a'•s ale -.,f the P . >per ' "ur,n::.,. any ; i,wct of a,c .got tamed in !hl, <br />'n1, ,' :, :. "I :dal• : : :.: :: .' lul r; tt. c :r <br />till ' ays L�r'�_ Joe 'none ;r,is �c�o: Z ,tic: Zile N' le .,_,CI J­CM,111,31 <br />n�c :..,_.. _.. .,. _,::i; ,, � ..nil,• ...':rm. .t, .'r tit eon -� .. �.i ;a •.. :I e�t`c.',•c, :nit :r .�. ': •, :.. ,�r. -tog +h!, <br />Sc -.. r. ,•!,;• . r .. :., ,.. n:! !:. ,n! ..0 r_,i,ir ,r ..... r..s gad :d, ak +• ,i.r!` a_•.. ..., , 1!_, m,n <br />!c;. r... rcri ..t!• 4 , min -..., ..del± ng.3a!9 i('l�i 1c...h'01Cff1 "?lTic' liri.n�.. , <br />_...,•_,- !. ti... . .. .. ... ..� .. .. .__ .. ,.. ''aph< Tit... ;.j�.j <br />•R' =,: I� !3;:.7 ,,, et:._` 1. _ r; -.. ,..•hers, r,I ...., cr.l','.`ii, :w, <br />19. :+,c :e eranon; °s2e,n.vdws. Lender shall rote notice to 13+ ;rr :,w, -r near to acceleration following Borrower's <br />breach of anti cotenant ur aatreernent in this Security Instrument (but rim prior u) acceleration under paragraphs 13 and 1- <br />unless applicable !aw provides ,itherwisei. The notice shall specify: ,a, the ;icfauit: !bl the action required to cure the <br />default; et a date, n +It :css th:w 11I days frrin The date the notice is given w Rorrnwer, tis which the defauit nwst be cured: <br />and +d, that tai ore to eerie the dcia„!I in :,r lief iro the date specified in the notice may result in aeccleration id the sums <br />secured by thin lecsrtj !nsrrumen, and ,tile of the Properl.. The notice ,fall further inform Bi)rnrwer of the right to <br />reinstate aft, =r A('. ;trar)'m and 'he right to nano a court action T', assert the r- ,,,u -evs ;once .,f a di'fault if auv other <br />defcus^ if Muir•) - :rr !;, accetiraiion and sale. If the default is not cured,io .,r he•fore the date •.ncclned in tht notice, Lender <br />at its nptiron mvF - e`iurre tnarnedia,te paymcn[ in full of all rums w(Ilred by !his `erwax Invi-i:ineat '.,th„ut furUror <br />demand and may in —lix to. = Uower of s,lie anti anY ether remedies permitted bi appi,cahic law, i timer shall he , nntled Z., <br />r,Alect tai; ratx.rr.ts rcurred ;n pursuing; The remedics vmvided m ibis paragraph I�i, ncincmg, hill n,.,t inillud :u. <br />re,asonahk• att,erre_, < fees a„d <'rlhr} of ?itie ..wkiencr. <br />i,f:i r,n: <br />hn.u. r s .., r , : ,: ., . ,• ch neon r :n !hr ni.a ,.•, e , ,. ,. , ,.i,; , _ , r v ,i t , . . <br />Mier '11, '%Imp rr,l.0 . <br />a <br />