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<br /> — candemnutian or dhcr Iukin�of uny(wh��1��M>Pru�ny.�x I�w e�►nveyuacr in liru uf rundcmnutiun,un ix►�by a�xl�nc w
<br /> °_�—_ --------° r�ttwll be paid�a LcnJcr.
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<br /> - - In�he event of u twul tuking of ihc Pro�t1y• �ix prikc�J� ,hull Fn npplicd tu �he wm� xcur�d hy�hi+ktiur ly
<br /> � Instrument,whe�hcr�r n���hen duc,wNh un���xce,�puid to Bartuwer. In thc evrnt uf u punial wking ut'Ilu 1'm{+��rty in
<br /> .a which�he foir market value oi thr Pmpetty immediu�rly F+efuR th�ud:inE i.equul�u ur�;rcu�rr�hun�hr umuuM al'�I►t�ums
<br /> - �:ecured by�h{+Securiry in+tmment immediutely Ixti�n ihe Iaking,unleti+ Borcuwer anJ l.enJer othcrwix�gree in wrilin�l,
<br /> .',�.
<br /> ' ' � the sums securcd by ihi�Srcurity In.uumem +hull lx r.du�:rJ by �hc umounl ��f�he pnxced�muUfplied hy tiw lidluH�inu
<br /> _ — - -_ ___ L__ _..,,.
<br /> f; fr�tion: lul�hc IatAI amount af thc sumti +e�uRJ imm�liutely hetim:thc tukin�s.d�vidrd hy lbl tik I'u�r iuurlet��ulur uf t�c �
<br /> Property immediutely befure the taking. Any balnace xhull lx paiJ tii Burrower. In 1hc cvent ul'u p•rniul laking ��t'Iht+
<br /> Propcqy in which Ihe fuir market valuc uf�hc Pn�pertY immcdiutrly imfi�n the luking i.k..�hun tlx umuum uf ihr sum�. _
<br /> �--°�'" secured immedi�tely hefore the �aking,unle.s Burruwcr und Lendcr�KhenviK ugRe in wri�ing or unle.. upplicaNlc luw•
<br /> — ,��;,-..
<br /> _ -�,-=�^;„.�- : othervvise provides.the procced+�hull be applied ta Ih�.um++ecurcd by Ihis Scruriiy In,trumcnl whc�her ar n�N the�um>u�
<br /> _`°�°--=•�-' then duc.
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<br /> _ �---_ ----.f . ���h�propeny is ub:uidoned by Borrower,or if,aUer notice by L�nder to Bi►m�wrr Ihut Ihe rim�kmnur ufl'crr lo m c
<br /> j, un owurd ar settle u cluim far dumages.Borrower fail�to�+e+pond to l.endcr within 3o duy,ut'ter thc J��e�hr n�aice i.given. � .:�
<br /> �* � Lender is uutharized la collect und upply the proceeds,at its option,eilher ro m.l��mtion ur reps�ir of the PmpeRY or to�tte+
<br /> - -`�5����-�—�"°^' sums secure d b y�h i s S c c u ri t y Imtrume�x, whether or not then due. --___
<br /> -'����1�+� �� Unle�s l.eader und BoROwer aherwisc agree in w�i�ing,uny applira�ian of pnxeudti to princi�wl�hall nut rxte n d or �"`
<br />�"'�!�"=:�•-��:i�:r�•��� postpone the due dAte of the manthly payments referred�o in paragraphs 1 und 2 or chungc thc amount of�uch payment�. ,
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<br /> ����— � � 11. Borrower Not Releasedi Forbearance By Lender Not a 'Waiver. Extensiun ui' the timc fcx pvymcm or �„a
<br /> ��'�_'ttc��,�`•'• � modification of umortizntion of the xums secureJ by this Securi�y Inctnimcnt gr�nted by Lrndcr w uny surces+or in intarcx� �
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<br /> - .��.•._ - � oi Bortnwer shall not operate w rclr:�+e thc liabiliry oi Ihe original Borrowcr ar Bonower's surces+un in imeretit. l.ender
<br />.��'� ��v `" shall not be reyuited ta commence praeeding� uguinst uny �uccetisor in interest or refu,e to extend time f�K puyment ur �
<br /> ��ivT'�'� --
<br /> t othervvise modify amonizution of�he,um�+ecured by�hi+Securi�y Instrumem by reuson of uny demand macfe b��the ariginul
<br /> _ "'�•`�'�•. Harower or Borrower+successon in interest. Any forbeurunce by Lend�r in ezercixing uny nght ar remecly shyll nat b�u �
<br /> �c��,,;;:�. " waiver of ur preclude the exercise of uny right or remedy.
<br /> 12. 5uccessors and Asstgns Bouxd;Joint and Several LiabBity;C'asiRaer�. The c�ivenuniti und ugreemen�c of�hiy
<br /> :„�-�,;:,��,-, .,•. � Security Instrument shull bind nnd bene�t lhe succes.r•on und a,signs of Lender and Born►wer, xubjcct�o the provi�ianc af .r _
<br />,:,;�•s.•�,, • •. parugmph 17. Borrowert cavenants and agreement+ shull be joint and severul. Any Bartower wha co•signs�his Security
<br /> --��.�y'� � Instrument but daes not eaecuttl the Nae: lu)ix casigning thi,Security Instrument anly w mongage,grant and wnvey thut
<br />^��,� -'; � ,
<br /> -'j�'�:T. .�•° Aorrower's interest in�he Property under the tertns oi'�hiti Securiq�In.trument: (b)ix not persannlly obligated lo pay Ihe sumr
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<br /> ,,.i,r��;.,,1",,:� secureJ by�hix Security Inttrument;and lc)ugrees thut Lender and any other Borrower may ugree to extend,mnciify,fo�xur
<br /> = �u�j;r�•,; or muke uny accommodations with regurd to the terms of this Secutity Instrument or Ihe f3ote without Ihat Bormworic
<br /> -- ��'�'i.:;.:,.:.._,_ consenl.
<br /> -- `'� � 13. Loan Cha�es. If lhc Inan se.wred by thi,Scwurity i�t+iruinent i� iabjcci !a a laa� �ahi�h set� meYimnm Ineo --_
<br /> � '`���"�•�� °`� charges,an�l that luw is finally intrrQ�e�ed+o�hat the interest or other loun churges collcrted or ro he rolfected in canneciic►n
<br /> �, � ���t���f' with the loun exceed the permitted hmiis, Ihen: !aJ any such loan churge+hull he reduceJ by Ihe umoun�neceswry to reduce
<br /> �`:�� � ' .
<br />-� the chnrge to the pennitted limit:und(b) uny sum�alreudy collerted from Borniwer which exceedcd permitted limi�h wHl be
<br /> .�� ' . •� • refunded to Bortower. Lender muy chausc io muke this refunJ hy reducing the principul owed under the Nnte a by muking a
<br /> ,:,;, �' direct payment ta Borrower. If a refund reduces principal.�he rcduclion will be�reuted us a partial prepaymeM wi�haut uny
<br />'��� ��'�' prepayment charge under the Note.
<br /> - l4. Nodces. Any no�ice to BuRawer providcd 1'or in thi+ Security Imtrument .hall be giv�n by delivering il or by
<br /> :���`�� - ' • � mailing it by fi�l cluss muil unkss upplic:�Mr luw nyuireti u+r of another meth�xl.The nrnice shall be dinxted lo the 1'ropeny
<br />=�•� �� Addnws or uny other address BoROwcr de.ignulrs by notirr�o Lcndrr. Any no�icc to Lender.hall bc given by firxt clur.
<br /> muil to Leneler z uddnx+stu�ed herein or any��ther uJdre++Leml�r dcxignate,by nutice to fiurrower. An�•nntice provided for �,__
<br />_ ' in thix Securiry In.trument shull he dcemed u� huvr Ixen givrn t�� Borruwrr or Lcndcr when given a. provldad in thi+
<br /> �•.�:.;' par�grnph. -
<br /> '�'? . '�"`• ' I5. Governing Law: SeverahiUty. Thi. Security In,trumcnt tih•rll Ik guvemed by tcderul law uncl�hr Inw of the =�.
<br /> -�,_:?�;�" -�' juriuliction in which the 1'ropeny is��xateJ. In the ev�nt thut any provixion ur cluuu��f Ihi�Security Intitn�menl or the Natr �~
<br />'m•: ':,A';� • conilicts with upplicnhle Inw,such cunflicl+hull not uffcct ulhcr pruvitiiunti��f this Sccuriiy Inytrumcnt or thc Notc which cnn <�
<br /> . conflictin rovision. Tu thiti enJ Ihe prcwisiun. of Ihi� Sccuriry Invirument un�l the Na�e um �'.', .
<br />_�•:. •�b,, . 6e given effect without the B P
<br /> +��••�• declured to be uveruble.
<br /> +u'�; ,,��•�• 16. Borrower's Copy. Burrower tihall he gi�•rn unr ronfurmed c��py of the NiNr and of�hiY S�curity lmtrument. --
<br />��"`�= �� � � l7. 7�ancier oi'the Propertp o�a Reneficial interest in Borroe�er. II'all ur uny part of dk Pro(k»y urun��intere�t in —
<br /> . -; :�. S ■s-_:
<br />'�����, ,:,, • it iti+old or trnn�fern�d lor if u IxnctKiul intcrc�t io Borc��w•cr i,.uIJ�x tramfcrt�d anJ Bornw cr i� nut u naturul �rsonl
<br />;_=•,=,�r���„.,:-;•-: without Lender's pri�x wrilten cunK:rn.LenJer may.at it,�iptiun.rcyuirc immedia�c paymrnt in full nf ull xum,.ecurrd by ��
<br /> �'"'=;'" •°:•�+������.-�'���.. �hiti Securi�y Instrumem. Howrvcr.thi.option,hull no11x exrrci.ed hy Lender if ex�rcik i.prohibittd by faderul lsw u.of
<br /> • ;.,�;�,,�.,,�• �.._ -
<br />�:�:'�i':��}_ �`i r ' , ..y;��";,;:: the date ofthisSc�uriry Intitrument. o:u.
<br /> `'�•.�:�+ ,;,. :r,� ,�... If Lender exen:i�c.thi�option. l.ender.hull givc Borr��H�r noticr ot'arrrlcrrliun. Thr noticc.hall pmvide a peric�d of
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<br />'�'� ' ';SF;.�yj:S`��•,` ., not les+Ihwi 30 duyz t'rom the Jatc Ihc notKC i�JclivercJ or mailcd��•ithin��hich Burraaer mu�t pay all�um�x�cured b}•thi� —
<br /> '';.:;��� • Security Im�rumeN. Ii Bartowrr t:�il. w��y �n�.� �um, prior to dir erpira�iun of Ihi, �-krivcl.l.ender moy invokr smy --_
<br /> � ' ren�edics pem�iued by Ihiti Securily�I nNrumcni w ithout 1'unher ni►lirr or Jemand�m Bam����rr.
<br /> �,,.,
<br /> � 18. Borrower's Ri�ht lo Reinstutr. 11' Burruw�r mcrt� crnain rond��um.. Borro��rr .hxll havc �hc right tu havc
<br /> r . enforcement ot'this Securi�y In+trument Ji,cuntinurd ai am timc priur w ihr r.irlier ui: �u)5 day±lur.uch mhcr prri�d a. a
<br /> � Smgl.Famil.•-F'a�n{e�tce/Freddlc�fuc l\IFON\t 1\S'1'Rl�ff:\1'..Umtcam t:�wrn;m�� V,411 ipivr�.•I��p���l�'.+� ��
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