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<br /> pa)'mcnts rtuy tK�langrr i+r 1'tyuir��1,ae the��iiuiti uf l.cii:kr. if uw��tE.�e in:ucu►�:�i��::ray►lin the snmunt ai+ci ti•r t�x{•eri�xl
<br /> thrt l.��rl:r r�ywr��l pm�•id��l b�•;m inwrcr x�+pra�e.l hy Ilixler�Huin hrc�,��k� ���+fl:►hlc:uxl i�uhc:►iixxl. Borrower yfwll p:►}�
<br /> tlu prrrniuu�.. r��yuir�til tu�r.alntain nx�ngagc i��wr:uxr in cfi'crt, ur�a��ru�i�k u lu,�rercnc. until�h:r.quir�i�uat iur nt,�ra�ugc
<br /> i►uur;ux:e crwl�in;+r�urdvkti w•ith:u�y :�ritten;►prcknxnt between&�rr��µer wxi Le��ler��r upplicat�le 1:►w•.
<br /> y. la►pc�ctlw�. Lc�xie�ur i�.r• :�ent nuy nw1:e rcasui�ahle ent�ic� upon ;u�l iiupertions ut'tlx P�uperty�. Lc�xlcr>hall givc
<br /> Bortow�c rN�¢i.c at ih�tint�af i::pri�r t�un incpeetion��ecify ing rw.w�i�bk�au��f��r t!k in�pertis�o.
<br /> l0.Coad�uuztiou. The prcxcKt� af w�y au•ard or claim f�r c1:mn�;c,, dir�Yt uti• m��tieyuentiat, in cun�u:ctiun with any
<br /> cutxlenutatia»or other tal:ittg of:u�y part uf the Prc�+ett},or fi�r mm•ey�:uk�in lieu uf cuixlcnuutio�, ;ue hcrcb�• :�.�ignacl culd
<br /> shall t+e�id to l.e�xler.
<br /> In the event of a tatal tal:i�g af thc Propeny, the prciceeds shall t►e applicJ to ttk sunu tiecured b�•this Security Inttrument.
<br /> ahether or�wt Q�en due, u•iQ� any excc:ss paid to Borrou•cr. In the evem c�f n panial t:il•ing of the Pmperty in w�hich thc fair
<br /> market value of tl�e Praperty inmxdiately before the tal:ing ic equal ta ar greater than the amount of the sunu secureci by this
<br /> Security Instrument inmiediately before the tw1;ing. unless Borro�ti�er and l.e�xier othen►•ise agree in w•riting, the sun�,s secured I�y
<br /> this Security instrument shall bc redeu�ed by the amount of the praceeds nwitiplied b}� the follow•ing fr:ution: ��ti e�'+x total
<br /> anwunt of the sums secured inur�ediately before the tal:ing, divided b�•(�� the fair marlet�•alue of che Pro�sr� ,.ca'�:x.a:.r..:o:6y
<br /> bz�fare che ta{:in;. �m•k�lanor•h�U t�e pa's�to Borrc�u:er. Ca �h;e�:a���f a pv.:~�ei::,caz;i.-k ef the I''tr��:r:3 in w�ri�i?:,�te fair
<br /> ma;1���C ti:::•.::��`�he Pr:��rty��a.a�:�,��'l+:'i�::c'ir�c:�cZz e.c�:.;::h�.-�tb:amount of th:smns sati,.ti.cl��-a�xii.�;e':y� C+�;fore tho
<br /> tai:ing, unlc.es FH.r�wer s:�d Le�r at3urvrix:;rree in writing or unless applicable lavv other��ise protiides,the proccx:ds shull
<br /> be appliecl to the suu�.c secured by this Securiiy Isutrument whefhPr or not th�sums are chen due.
<br /> If the Pruperty is abandoned by Borrower,or if,aRer notice by Le�uler to Bonawer that the condemnor offers to nu►i;e an•
<br /> uward or settle a claim far damages, Borrowcr fails to respond to Lender within 30 days aRer the date the notice is given.
<br /> L.ender is authorized to collect and•rpply the proeeeds,at its option.either to testoration or repair of the Property c�r to tha wms
<br /> securtd by this Securitv In�trumeni,whether or ncu then due.
<br /> Unlccs l.ciutcr aux! Borrc�w�tr c�thtrwisc a�rc.c in writing. W►y cy�plic:�tion uf puxcals ta pein�iEul �hall txit cxtN�x1 us
<br /> postp�ne tlu due�1:�te oi thc nxmthlY paYnxnts referral tu in�urryruphv 1 wW 2 ur clungc Uu;uixwnt uf surh p:►ymcn�h.
<br /> t A.lbrrow��r h�t Released; Forbewr�tnce By l.ender N�1 w�Vnl�•er. fixtatsion �►f'tlu link fiu�ynxiu ur nw�lii'i�:wla�
<br /> uf'aox�niutiun of ttx wms�u�af by thl�Security Inuronxiu �rwual by l.eixlcr�a w�y�urccuru in iiucrest u�'&�rruwer►huU
<br /> �x�t i�rr:c tu rcic:uc thc liabiluy ui thc ori�i�u�l Bum�wes ar E��n�uw�cr'��ucc�sx►rs:in inttrcat. L.crxlcr cfull ixu bc nx�uicrd k�
<br /> a��u►�nce proca�dinrs ur�inst�ny�lcces.u�r in intercu ar rePwe tu extc�x! timc f��r paynxui ur utl�erwisc nwciify anwrtiuUwu
<br /> of the wnu socural by this Scxurity Inurunknt by rca.wn ��i'a�iy denuixl n�Je b) the originul Barmu�cr o� Eionowcr e
<br /> s�ucccssors in interest. Any forbearance by Lender in exercisinr un�� righc or remedy st�all not be a a�aiv�r of or preclude thc
<br /> exercise of any right or remedy.
<br /> 12. Succasors sud Aisi�ac Bound; Joint aacl Ser•eral LWbUity; Co-signers. The covenants and agreements of this
<br /> Security Inurument shall bind and benefit the saccesson and +LCSigns of I.ender and Borcower, subjett to the provisions of,
<br /> paragraph 17. Borrower's covenants and agreunents shall be joint and several. My Bonower who co-signs this Security�
<br /> Insuument but does not execute the Note: (�) is co-signing this Security Irutrument only to mongage,grant and convey that
<br /> Borrower's inurest in the Pcoperty undu the termc of this Security lncwment;(b)is not personally obligated to pay the sutns
<br /> socured bv this Security lnutument;and(c)agrees tlwt Lender and an}•other Borrower rruy agree to extend,modify,fortx;ar or
<br /> r,3aLc zny�rtomtr.fldations w�th regarc2 to the terras of this Security Insttument or the Note without ti�i Borrower's cotts�nt.
<br /> 13.I.o�C6arges. If the loan secumsi by this Security Insttu�nt is subjeet to a law which sets maximum loan charges,
<br /> and that law is finally interpKted so that the interest or other loan charges collccted or to be collected in coc�ctic�n with tbe .
<br /> loan exoced the permitted limiu,L''aen: (a)sr►y such loan charge shall be reduced ty the�mount nec;essary to radtu�the chnrge
<br /> to the permitted limit;and(b)anY sums alieadY co1►ected fmm Borrower which exceaded penniued iimits wi11 be r�funded to
<br /> Borrov►er. Ler.�r aiay choose to make this aefiuul by teducing the prinripal owed under the Nute or by mal-ing a �kecc
<br /> payment to Borrower. If a refund reduces �rreacipal. the reduction will be treated as a partiaY prepayment wittwut u[ns,c ,
<br /> prepayment charge under the Note.
<br /> I4.Notica.Any notice to Borrower provided for in this Security Instrument st�all be givep by deliveriag it or by mailing
<br /> it by first class mail unles,applicable law re�uires use of another method. The notice s}�all be directed to tt►o Property Address
<br /> or any othar address Bc�nower designates 6ti notice to Lendet. Any notice to Lender st�ll be gi�en by fint cl�ss mail to
<br /> Lender's address sta:ed herein or any otlur address L�:nder designates by natice to Borrower. An}� noqce provided for in this
<br /> Socurity Instrument shall be deemed to have baen given eo Borrower or Lender when given as provided in this p�graph.
<br /> 15.Goveruiog I.aw; Sever�bility. This Security Instrument sliall be govemed by federal law and � law of the
<br />- jurisdiction in wh.ich the Ptoperty is located.In the ever.t that any provision or clause of this Security Insuurveat or the Noce
<br />_ conflicts with s�:i�ble law, such conflia sF�all not affect other provisio�of this Securiry Instrumeat or the Note which c�a 6e
<br /> giv,cs effecx without the conflictin�provisiaa.To this end the provisions of this Security Instrume�tc aad the Nete art declarod
<br /> ta be severable.
<br /> Lb.Bwsower's Copy.Borrower si�ll be given oae conformed copy of the Note and of this Securiry Tnstrumesu.
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