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<br /> �3��:lsent. e��ay �N�Innyer hr rr��uir.rl. �t 11��y�lion.�1 I.cn.l�r. if'i�wr1�.�}tc�nwr.�ik�e ru�er,ty;�Im tlK a►wwnt�ui.! f.K the�riuJ
<br /> tFut[A�wlrr n�yulrr.l pra�•�J.yl M i�� in�ui.r:��r���cJ h� Leixl.� �����►l�ti��nie� H��II.ihI►.ilk)1��+�M�ItM1J Ei�u�a+wci J�11��:�;
<br /> �lir pr�i��iunt�rcyuir�til tu �n•rintam nK�n�;y;r iu.ura�h�in.l(.ti•t.�►� t��rnni.l.u 1.�.�r�.rr�r.wwl eh�t��yuukukut !ur nw�rty�y;�
<br /> ii►.ur�uk�.rn.l.in u.:urd,�ke w id►:u►� wriitrn uyti���nkw f+��wr.n F��If��µil'i11kI I �IkI�P����l�t�tllt'.i�►<<'I;Iti�.
<br /> S1. Iw.pc�llw�. lxiwl�r��r i1r;q,rnt i��� nwl� ��rwauhlc�ttitri.r u�x�u wkl im�k�ti�►u.ul Ih�• {h�w�.u}. l.rt��l��t,li;iti�i�r
<br /> BurrU+►�cr+wdrr ut tik tink r!'��r rrin�t���n in.�►ti•Ii�u�y�►�•ifEin� r.,+auuhl�r�u.�ti�r Ihc im}�.�u�►n,
<br /> l0. l'wtiticnuullw�. Tlk prtk��xlx uf:u�y aw.►r�nr cl•rim ti+r damal;e., dn4tit ��r runti�yurn[ial, �n rvunr.uun witG �n�.
<br /> r+ukknuutiun ur uthcr t;a{�in�ui:uiy p:►rt uf'thr Pn��xhy. ur tur cumr};,ncr in ii�u uf.ti�ihlrmnai�an, .�ra t�.,rchy �.��yn.tl�tui
<br /> atull he MiJ to l.c�xlcr.
<br /> In thc c�•cnt�,f u tnt:�l taicin�ul'tlk 1'r.�krty.thc pr�xc.xf�tihali tk applicai tci�hc wm��c.:ur�tii by ti�i}.S�;.u�ai�In�it�w�knt,
<br /> w�helhcr or rxK thctt duc. with�tny ex�c�.ti p:tid W Bo�rower. !t►the e�•�nt uf a p:uti•rl taking ul'thu Pruperty in u•hl�:� Ihe f;tir
<br /> nur{,ct�alur of the Pri�perty� immediatelp txfore�he t:il�ing i�eyual te�ar greater ttwn thw�nwuni of tY�e}ums kcured hy this
<br /> Security� inutununt inm�eiliately bcfure thc tal:ing. unle>� Ei��rro��•er a�ui Lciidcr�uherwi�e agn.�in ariti�y�,the�unis s��:urul by
<br /> this Security IRStrununt �hall be reduccxi by tt� :u�uwnt af the pnxeeds multiplic.�i by tho falluwin�; fr.�tLtian: (al the tolal
<br /> anxwnt af the suit�secur�d inunaiiately bef�re the t:dcine. dividai hy�h> �he f�ir marlet value ..f tl.c+P.���crty immaiiately
<br /> before the tal•ing. Any� balance shall be p:iid to Borrou•er. In the event��f a panial tuking of th�P►uperiy in which the fair
<br /> muket v;ilue of the Pimperty inmudiatcly t►eforc the taking is less than thc anx�unt of tho +ums secur�ci immediately befare the
<br /> ts{cing, uitlec�Borrou•er:uxl L,ender otherwise agree in writing or unless applicabla law othcrwitic: pro��ides. the praceeds shall
<br /> be applied to thc sums secured bp this Securiry liuteununt whether or ncu ti�e sumc are then duu.
<br /> If the Property is abandonccf by Borcower,or if,aftcr notice by Lender ro 8urrowcr that the condE-mnvr offers to make an
<br /> aurard or setdc a claim for ciamages, Boaower fuils to re5pond W Lender within 30 �iuys alier tlte d�to the ncNice is given,
<br /> Lender i�:�u:horiz�d ro rollect and upply the proceeds,at its optic�a,eith:r to rescoration ar nptir of ihts Property or to d�e swns
<br /> secureci�� :1:is Secur.'.t�instrument,w•hether or nut thon due.
<br /> UnZ�:c l�naer:ir.� �Borrower othe��ise agr.; i:ti w•ritin�e, ssL� applic�:�.r+: ef procs..fa to p�riiuip«l s.'�11 not exte�xi or
<br /> post�u�s?x�due date ch.'the monthl,y payments rof�m�to in pa:.�a-aphs 1 a�x?2 or change dk anx�um vf w�!i payn�eocs.
<br /> 1D.�rrou�er':wi Reieaseci;L'w�ance By I.eiuirr tivL-a R'airen Extension nf�(u�i�ne for pay:nznt or modification
<br /> of amc+:�i�on of thc sums secureaf @+�chis Security Instrume�u�:r.anted by l,eruier to any suc.e�wr in interest of Bortox•er shall
<br /> nat o2xr;k�to r..lease tt►a liability of tne origin�l Borrower or Svrrowe�s succcssors in inten•:. Lender sI�l1 not be reqttited to
<br /> commence proceedin�,s�ai�ut at►y sueeescor in interest or refuse to extend time fur payment or othenr ns:modify arnoniiatiot►
<br /> of the sums secured �� shis Security Inctrumeut by reason of uny demand made by the original Borti�wer or Bocsnwer's
<br /> successors ia interes:. ��.hy forbearax.:by Lender in exerci�ing :sa} right or remedy shutl nac be a waiver of or ptet�tRrz
<br /> exerc��e u;'aay right c�remedy.
<br /> [2. ticcescois�ad Assigas B�wnd;Joint and Sevcrs! L'.i::hility; Ca-s�gacrs. 'f6:�v��ena�us and agr�c�s �5 tt�s
<br /> Security Instrument �Iuz.11 bind and bet►efit tho wcc�csnrs and asc�gns of Lei►3er�nd Borrower, suhject to the provisions of
<br /> paragraph 17. Borrower's covenants and agrc�ments shall be jaint and sevcral� An�� Borro�ver who co-sigas this Security
<br /> lrutrument but does not execute the Note: (a) is co-signing this Serurity Instrumcnt oulp to mortgage,grant:uul oomey that •
<br /> Borrower's interest in the Property under the temis of this Securiry L�suument; (bl i�tu�i personally obligated to pay the sums
<br /> secured by this Security Instrument;and(c)agrces that Lender arui any other Sorrower may agra to extend. madify,forbear or
<br /> mate 3rry aCCOZmitoOations wita regwv w inc urm.�ui ii�ia Sa;u�iiy Icui�u��.c�d u� uoC i,�u2E�+lii�uiii tir2:Ta"w7'vwCi�o i�'r:�i�.Y�2.
<br /> 13. I.oan (.'I�srgec. If the loan socured by this Saurity Ittictnunent is subjzct to a law wl�ich sets m�ciawm Iwn charQes.
<br /> and tlut law is fi��ally interpreted so that the interest or other laAn charges collectod or to be rnUected in canneetion with the
<br /> loan exceed the permitted limits. then: (�l rny such toan cl�;rge shall ix reducod by ehe amount r►eoessary ta ro3ua the charge
<br /> to the permitted limit:and(b)any sums already�collected from Harro�»r whicfi exceeded pennitted lirnits will be refundod w
<br /> Borrower. L,endcr miy choose to make this rcfun� by redu�ing tt�o prin:�a1 owed under the Note or by making a direct
<br /> paymcnt to Borrow��:r. If a refuc�d reduaes prin�pal, the ralur,sian.a�ill�be trcated as a partial prcpayment without any
<br /> prepaymtnt charge undu the Note.
<br /> 14. Notlas.Any notice to Borrower pro�ided fot in this Socurity Insttument shall be given by deiiverin�it oc by mailing
<br /> it by first elass mail unless applicable law requires use of anaUi�r�method. The notice st�all be direcud to the Property Addt�ss
<br /> or any other address Borrower designates by notice to I.ender, Any no[ice to Lu�der st�all be given by first clus mail to
<br /> l.�nder's address st�ted hcrein or any other address l.ender designates by notice to Borrower. Any noda provided for in this
<br /> Securiry Inctrument si�all be deem�to have been given to Bortower or Lender K hen given as provitled in this paragt�h.
<br /> 15..Governing l.�w; Severabiltty. This Security Inurument cl�ll be governed by federal taw and the taw of the
<br /> jurisdictiuo in which the Property is located. In the event that any provision or clause of this Securiry iasitumeni or tt�e Note
<br /> , maflicts with applicabk law,such conflict shall aot aff�t other pmvisions of this Security It�itumetu or the Nose which can be
<br /> , given ef�eet without the conflicting provision. To this end the provisionc of thia Seeuriry Instrument ud the Note ace deelared
<br /> • to be se4erable.
<br /> ' �b.Barowa's Copy.Borcower shall be givea one confort�wd copy of the NWe�nd of this Securiiy Insuuinent.
<br /> Farm 34T� 9/90
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