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<br />84 - 004997
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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 senle a claim for damages, Borrower fails 10 respond to Lender within 30 days after the date Ihe noriceis
<br />given, Lender is aUlhorized 10 collect and apply the proceeds, at its option, either to restoration or repair of the Property or
<br />to Ihe sums secured by Ihis S<<:urity Instrument, whether or not then due,
<br />Unless Lender and Borrower otherwise agree in writing. any application of proceeds to principal shalln()t extend or
<br />pcstpon~ the due date of the monthly pay.ments refe,rred to in p3ragmphs I and 2 or c:bange-tbe-amount of.sUeb. payments..:
<br />10. BotTo~J' Not Released; Forbanmce By Lender Not a Waiver. Extension of the timeforpaymerltor
<br />modification of amortization of the sums secured by Ibis Security Instrument granted by Lender toanysucctSSOrin
<br />interest of Borrower shall not operate to release the liability of the original Borrower orBbrrower'ssuccessors1nil!~eI'eSt;
<br />Lender shall not be requIred to commence proc~ings against any successor in interestorrefuse'toexterid'time<tor
<br />payment or otherwise modify amortization oflhe sums secured by this Security Instrument by reason ofanY~lllade
<br />by the origmal Borrower or Borrower's su=rsm interest. Any,forbearance by Lender in exercising any right:prremeQy
<br />shall not be a waiver of or preclude the exercise of any right or remedy, ,< ,,'
<br />ll, Su<<essOn and Assigns Bound; Joint and Several Llabilit)'i Co-sigllefS. The covenants and agreernellts of
<br />this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower,subjecttolheprpvisions
<br />of paragraph 17, Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signstlUs:SecuritY
<br />Instrument but does not execute the Note (a) is co-signing this Security Instrument only to morrgage;grantandeonyey
<br />tMt Borrower's Interest m the Property under the terms of thIS S<<:urity Instrument; (b) is not persQnaUyobllgatedtocpayc
<br />the sums secured by thIS Secumy Instrument; and (e) agrees that Lender and any other Borrower may agree to extenJi,
<br />modify, forbear or make any accommodanons with regard to the tenns of this Security Instrument or the Norewithout
<br />thai Borrower's consenl.
<br />12. Loan Charges. If the loan secured by this Security Instrument is subject to a law which sersmaximumloan
<br />charges, ;mo that law IS nnallv Interpreted 50 that the mterest or other Joan charges collected or to becollecredin
<br />connecllon w'th the loan exceed the permuted limlls, then: (a) any such loan charge shall be reduced by tbe amount
<br />necessary to reduce the charge to the permmed hml!; and (b) any sums already collected from Borrower which exceeded
<br />permllted bmlls w!!l be refunded to &lrrower Lender may choose to make this refund by reducing tbe principal owed
<br />under the Note or by making a dtrect payment to Borrower If a refund reduces principal. the reduction will be.treatedas a
<br />ran!al prepayment "'uhout :my prepayment charge under the Note,
<br />13, Llltlislation Affecting Lender's Rights. I f enactment or expIration of applicable laws has the eft'ect of
<br />re;:-::ie~;;g ;;;;;V ;?;~y;:;!--~~ ~f th!' ~~~>: 0r th~~ S~.::untv !n~rum~!1t unenf6!'e~h!e a~nrrlin2_ to its terms.. Lpnrler~ -~ its g~tioo~
<br />may r<:qutTe .,mmedlate pavmem In full of ail su.:ns ;ecured hv th", , ::umy Instrum;;m and may invoke any reniedic:s
<br />permuted bv paragraph l'l. If LenGer e,erct>e:s thiS option, Len" '~.~H take the ste!-" Spec1lied in the second paragraph of
<br />paragraph P
<br />14, 'iotices.-\ny nOllce to Borrower prov.ded for rn thiS SecUnlY Instrument shall be given by delivering it or by
<br />ma.ling H by Rr~t ci""s mall un!"", apphC;1tlle law 'cqUlles LIse of another mcrhod, The notice shall be directed to tile
<br />ProperlY Addr"", ,)! any "ther addr",,-, Horrewer deslgn3te5 by not"e 10 Lender Any noti,,: to Lender shall be given by
<br />f.rsl dOlls mall !0 Lenaer' addr"", staled herelll Qr al1V mher address Lender desIgnates by notICe to Borrower, Any notice
<br />pronded for In [Ius Sttllr!t\ lastrumenr shaH be deemed te> b<lve been ipven to Borrower or Lender when given as provided
<br />In this paragraph
<br />15, (~v.....nlnl! L.w; Seyfmlhiiity. n", &<;untv Instrument sball be guvemed by federal law and the law of the
<br />;u.nsa!CHOfi In v.tucn the Pro~rty is. located. In rhe e:....~nt that .;lny pro\'tslOn or dause of thts Security Instrument or th~
<br />SOl" ;;onl1,.:!.> "'nn applIcable iaw, Wdl comlter ,hall nO! ;;if<:ct other ;mwlslOfiS of th.s Secumy Instrument or the Note
<br />'JI' rw:h ,,":.1H he g;\-~ ~tfec~ WHhout the ~Qnfhctmg prn\>lslon To [hIS end the pro\'ls1ons ~)f this Security Instrument 3nd the
<br />Sote ;1fc dedared to ~ '>C\.enb-k
<br />16. Bon-ower:s Copy. Bur-rowet ~haH be gl\'r-n \.tnr "':tmk'-rme:: Ci}PY of the Note and of this Secunty !nStrt!!nent
<br />17, Transfer of tile Property Qr J Benefkial IMerest in Borrower, If all or any part of the Property or any
<br />tntcrt'St m it l~ X)ki pr ~ L!n-s.fc-rrro j~)f !f J: hcucriu.aj lnl('rest m 6orrow~'f ts ~.old or tran~ftrn:d and Borrower is not a natural
<br />~non) '-.\'ltht~, L~na~r'$ D!1-0r >w-nH-t;.n ~dnserH. Lender ma)'. at H~ 'i)puon. requlfe m:un-edt&te payment m full of ail sums
<br />-..;.e'"urea by t:ht~ :iet:"un1~- !n5~rument However. rhb op-non shaH nor be ,="erciscd by Lender if e:t:.er'CTS-e IS prohtbited by
<br />fe-de-ralI.JW a..."io ,,J{ tht Jj..tc df thl\ Sa;:unty InSlfun)("nt
<br />If L~ndcr e.\e-r\.bt~-6 [JUS <-.'ptl-un, LcnJ-er -:.haii gIve &,rrDwer nO(iC~ of ;.).(,'ceJC'ratlOn, The nouce ,haB prOVide a penod
<br />~.lfnot i031 than ~O Ja~' from the J~te th~ nott~~ t~ ~eh\ic:rt=rl0r maliet.l wlthm WhH:h Borrower must pay aU sums ~urcd by
<br />thiS Secuoty {ns-tnlm-ent- If B,)fft.1wt>r f~uJs h) p.aj- these ~um5 pn,,1f tn the (;:\ptfat1on of thIS pent.)(j~ Lender may invoke any
<br />,emNt~ ~rlnHtcti b\-' :nl'S SCCU!"1ty in-s.uUn-iCttf IA'ltht.'Ul fUrihef n1.::-l\ct' Of demand On Borrower.
<br />Ill, BoTro......." Rigbt Iu Reinstate. Ii !l,)g,,"'er meel, ceria", Ct'Dd.tH'"', Borrower ,hall have .he nght w have
<br />cntiJn:e-m~nt i.',f thiS ~curH: in...Hurnc.rH dls...:ont1mJ-t'd.H :ln~ ume pnt.'1-1" to the >:~rher of- III j 5 days (or such other period as
<br />.jpph~3bie ia.. ma\ "~1:i) f'l.';f n."wst..-n-emCl'H} be-fi..~rc '\ale of rhe Pr(:!~n)-' pursuant to any power llf~alc contained in thIS
<br />~unt! In"trument. ,,\r ,h! t":1tf"\ ,;{;1 "Ju~m'cnt -cn!()(,:mg Iht~ Se-~unty fnsrrument. Those ..:cndUlons are [hat Borrower'
<br />C;,lj ~)S Lender J!l ,,-urns ....tH~h ih~n w(-,u;a -be Jue- under !ht~ SecUl"1ty Instrument and the Note nao no acceleratIOn
<br />~")Ccurrerl, I.b) ..:u.re--. ..ln~ ut:fauit \,:--( ,J.n~ ;,:'-ther ;':'O'>'t"nanl.\ ,)f agreements: j(.'l pay-lol aU e:\;pcuses Incurred in ~nforcIng thl't-
<br />Secunt); In$1!ument. H!dudmg, ~I.H iH1f hrnHeC to, r'e'.J.St.--mabie aU~1rnC)"l\. {ee; and (d, tak6 'l,uch ai:tlon a~ Le-nder fnJ.Y
<br />feawnab!~' re-quue in ..!.s.~ure :hat :he 11("0 ,.,~t thl'il SecurIty instrurnenl. Le'm.1cr''l nghts In the Property and B(\rH)\\'cr'~
<br />\)b-h-pnQn ~f) pal' trrc ~um:s ),e-.;:ur~j i:'c;.- d1t~ SC"cUfUY :.n~Humt:nl ,haH -,:-"munuc urh.:han~c-d. t"p-.:m it:Hbtal"cmeni t.\-'
<br />Borro~ec tlu~ Se'!.:'unt! In\ifumenf :i~-d ~j~~ ,)bh~3tKm~ --<cured he-n:by ...hail r~maHl fuii)' ('tfectt\'t~ ,I~ If no ;.h'":l...c':t.'fat:Dn hac
<br />.~-curred, i-t:__v~,'("\e-L t;~r~ n~tH !\} re'!n]'1ai~ 50hali [h){ :J.pph III ::ht: C3-.se ,-',r .h.:,,-'elera!h,m under paragraphs i ~~ ;..1r I":
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<br />"'<.>,,,.US1FORM COVESASTS Berro"",,r and Lender further ,'o'enant ano agree;;s reHew,:
<br />19. Aca:lolntioG; R~ 1.emIer shall gi~ ..on<< to Borro...er prior to acceleration f(lUowinll Borro...er's
<br />lJrwdt of MY _I or ~t in this S<<urity IltlIttU_t ,but not prior to ac<<"leratioo under paragrapbs 13 and 1-;
<br />__ ..,&k:a1sM la.. pro...... ota_ise). The noti<< sball spel:ify: (a' tbe defaulr. (b) tbe actin/1 required to cure tbe
<br />tieDldt; 1,"' . ... not lea dwl JO days from the date Ihe notice is giVetlto Borrower, b)' ...hieh the default must be rur~;
<br />... {lil that falban to CIIJ't tIM Hfnit on Of' before tIM date spe.cilled in tbe notice may resull in acceleration of the sums
<br />-..lit, tail Smu1.ty 1~ ucI uIe of the Pf'll1I'Uty, "11le notice shall furtber inform Borrower of tbe riiht to
<br />I"lI!ilIIIItaI after ~ llll4 tile rilIbt to brin.a com actioa tn a.ssert the non-existt!n<< of II default or an)' other
<br />......., Berro.v to ~.... tale. If tile 4ctault is not cored Oft Of' be:l0fe' the date spel:itled in the oohce. Lend..r
<br />at 1<<s __ .., AlpIin ~ pay_t 1ft full of all _ lI<!\CUI'ed by this S<<urity Il\$tfument willlout further
<br />....... ..,. ",..-_ tIM poo-. of 1lUe ami BY otkr ~ pemlitted by appoobll.' law, Lender shall be Oi'ntitl\'d to
<br />~ at! n.... iIlcIIrnd In ~ tM ~ pl'oTidao;I ill this ........... 19, inc:ludina. but nOI limited to,
<br />I ".~' f_.... oolltul titl...idetIce.
<br />If'" ..... <II .. ill iJ,...... 'T~ shaH recof'll a l>Otice 01 defaalt in etacll c<!unty 1ft ..hich lU1y part <If the
<br />~ 1S!o/:lIM.........1Uii ~ ot.wdt Il<ltice ia the _ prescnbed by .ppliCJIW. law tll Borro..er snd to Ih"
<br />I>dtw ~ ~ 0, ..laille law, Aller 1M t:- re1J1lired by afl9lk:able law. Trultff 'llutl11P~e public nt'nce 0/
<br />wk. t.. it. ...-.... ia tlw __ pnscribed by ~hie I....., Tr....IH, ..itltmtl demalld lln BOff"....r, ,i..1t ""II th..
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