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<br /> :;�„a�x;�«�a�us��g or�►y��s��y.a for conveysnce in lieu c�cond�na.are Uaeby a+signod apd.� - ,
<br /> • shaII b�ptid to t.eader. � �'
<br /> < In tlsd evmt oP a total t�icing of�2�e Ptapeny.tLc p�o�xedc sha�l be.3ppliod ta tt�sums sa�v� by ti�is.Sec-�ity • ,
<br /> � (nun�ment,v�or aot then due.with m►y excess paid to Bortower. In thr event of�partial talcing af the Ptoperry ia ,
<br /> wt�ich the fair m�tcet vaWe of the P�operty immediateiy befom ihe takiag is equa!ro or greata than tt�c amaunt of tIr sums
<br /> secu�by this Security fausument immed'cately before die taking.unkss Borrower and Lendet a6erwise agcee in writin�o.
<br /> tbe sums secured by tbis Savrity Ii�strument sisa!!be red�ced by dr aa�ount of the pmcoeds muldplied 6y tde.folta�ec►g, ,
<br /> fractia►: ta)the taai art�anu of the sumg sccured immediately before the takin�,divided by lb�the fau marlcet vat�e of the�_ . �
<br /> - PtepeRy immed'ate{p befo�e the t�icing. Arty batance shatt be paid ta Barrut►c� In tl�cxenf uf.a partia�.taking of the -
<br /> _ .---- .----- Rapc�t9 rst�fitdt the-fasr�tadcet usluc of.the.Fr�pett}immediatcly befoce the_taicing is tes�tha�►the�treoyqs.of the suins
<br /> sawed in�cnediatcty beforc the t�Icing.anlesa Bormwer and.l.endes othecwise ngee ia writing or tuik�.�ppU��- � - ---
<br /> _ othecwise pc�ovides,the procceds shal!be applied to the sums secured by this Securicy Instrument.whethec or iiot the suros at�
<br />� then due.
<br /> _` If the Ptq+e�ty is abandor�6y Bortnwer.or if,after natice by L.eader ta Bomower tlsat tf�e¢a�demnar offas to malce
<br />��f an award or settl�a claim for damages,Barrower faits m respond to l.rnder within 30 days after d�e date the notice is given.. . _
<br />-_ l,eadcr is authoriz�od to cnilect and appty the proceeds.at its option.either to restararion or repair of the Ptoperty or to the
<br /> - sums serured by this Security instrua�ene.wtxther or not then due. = .
<br /> ' Untess t.ender and F3armwer otherwisc agm in writing,any application o�proceeds to prircipal s6a11 na estend or
<br />. _ -;- - postgonc thc dac date af tfie mons6iy payme�su neferred to in�uaga�s Iaad 2 or rBange tiie'amaunt of such paymeaxS. . -= - � -
<br /> u
<br /> 11. Borra�rer Nat Itde�sM; Farbeannce By I.ender NM a� Wairer. Extension of the timr for paymeat:ar
<br /> modification of�ation of the sums secund by this Security Instrument gtanted b y Lertde�to an y su�eeessor in ia�st , —
<br /> of Bortower shall ooE operate so rekase the liability of the original BorioRer or Borrawer's successors in interest.L.er�der • _==_
<br /> shalt not be required ta commeace proc�ngs against any succRSSai in Tnte�st ai cefuse to eatertd time for payment or :'-��
<br /> . aii�vvise modify amortiiation of the suras secured by this Security instrm�r��y r�wn u€any demand made by the oiigma[ �__—
<br /> Bcxmwer or BomuwePs successrns in interes� Any forbe�a�xe 6y Lendec in°gxerc�siug 3nY s►g1u or re�uedy shal!na be a �-.-_--
<br />- waiver af or prectucl�the�execcise of any right or temedy. • —==-
<br />- 1� Successais aad A�ns Bopnd:Jdat and Stvenl Lia6ility:C�o-�The covenants and agoeeme�tts of�his . = .--
<br /> ; ;,_: Security Insuument shalt bind and benefie the successors and assignr of Le.�d�.-r and Bociower.subject to the provisia�s af . -'°°i4_
<br /> ; ' paragiaph 17.Bomnwer:s covenant�and ugcee�nents shall be joint and�1.My Borruwer who co-aigns this Security £ ,
<br /> � _ `�' �, Ins�ctnt�ent but does aot execute{be Note: (a)i�eo-signing this Security Instrument only to mongage.grant and cativey tfiac . �''�:`_
<br /> Barmwer's interest in tlte PtopeRy under the.temts of this Se�ci�nty Insuumen� (b)is noE peisonatiy obligated to pay the s�nts _
<br /> '�` �` secured by this Security lasttument:and(c1 agees that Lender and any other Botrower may agree to extend modifg,farbear � ':,�-.''
<br /> � - or make any accomm�drtiuns with regacd tcz the terms of this Securiry Instrumeat or tUe Note without ihat Baaui��r� �:-`�'*-"°---
<br /> .;.��j
<br /> ' . Consetlt. : ' ,.�,.��+�„"_
<br /> ' . - � •� 13. Loae Chae�es. If the loan seettted by this Secucity lnsmrment is subjeet to a I�w whicb secs ma�simum!oan �.: :. ,� _
<br /> � `•''' ' cha�ges.and that law is finally�nterpretcd so ttiat the incerest or otdeT Ioan charges coite+�d ar to 6e collected in carmect�n . ���°���t;-°
<br /> , f.�°fi:,-�.
<br /> � with the Ioan exceed the pemtitted limits.then: (a)any such laan charge shall be reda�e��3y ihe amount necessary ta:i�ce . :��,,,
<br /> , the charge to the pem�itted limit;and(b)any sums already collected fmm Borrower w�s:t►eaceeded pertnitted limits u-�i.`�e �'Y�'��>,.—
<br /> _•:L'1.� "._....
<br /> � " refunded to Borrower. Lender may choose ta maRe this refund by reducing ihe principal owed under the Natc or by m:ti�:yr�a .��_=y`��
<br /> N• �'� '�:°y;i. � dirert payment to 8arrawer. (f a cefund reduces prineipal.the reduc�ian w�.be tre�ated as a partia!pmpayment witho�Carsy � "�` ,5_�.
<br /> . ��' prepayment charge under the Note. ' ._ .�'�_" ��-
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<br /> �• ' �'�` '��•� ' 14. Notices. Any notice to Barrower pravided for in this Security-Instniment shall 6e given by delivcring it or by
<br /> 3-�=;l+e. �` � mailing it by first clatis mai!untess applicable law requires uve of anather me[had.The aeuce sdall be directed ta the p"c��erty �y'
<br /> ..- u�s -
<br />. + �. .- a
<br /> •� �`�i, , � Address or any dher addrerr Barrower designates by notice to Lender. Any notice tQ.L�,.�der shall be g,iven by tfrx class , ��-��
<br /> • °'rl:�.`.�..-';;',° mail to Lender's address stated herein or any other addreti�lxnder designates by naticetn Bflrrower. Any notice provided for , "�^�
<br /> "��� in thic Security Instrument shall be deemed to_have been given to Barroaer or [xndes'when girvea��.s provided in this . �_:_"''
<br />• " Parab*raPb• � ''�'�
<br /> ;� �- ^ j;'� l5. Goveening Law; Se��erability. Thi+ Securiry Instrument shatt tx govemed�}�federal law and the law of the . ��"�' -
<br />' � arisdietlon in whieh the Pco � ic lacated. !n Ihe event that any provi.�ion or etause afiiiis Seeudty Instrument ar the Niote , �=_=
<br /> .�;::;. 1 pea_°.• , d_••-
<br /> .�fFJ�:: , canflicts with applicable law_.W'S.-fi conflict�+h�ll not affect other pravi.iom of this Secuiity Inctrument or the Nate wRich can '--q�;:_
<br /> `'�`��,''�c� ,� be given effect without the confliciing pravi�ian. To thic end the pnn ieom of thi�Securit t�strument and the Nic.�are . . �
<br /> : �x y .�.:�:.r;
<br /> ' ; •,'-�'�;i`,;�'=r`.. , d�.cfaredtabe.c-c�rable. . : =.' 1'•-':
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<br /> `'��+g;.• .. ;6. Bor1'av�er'sCopy. Hotrower�hap be given o�uconformedu�'•��the Nate:�nd af thi�Securily lnstrument. . ' �',.-�
<br /> vi
<br /> �,!' � �� �1. Transfer oithe Property oe a Beneficlal/nterest in RorruA� if aU nr any pan of the Prc�perty ar Any interest in ' '�;��'�_
<br /> v;,;,:: '.' •. =, _--,._
<br />�. . , ;,.,�!>,'�' " it y�sold or transferred!ar if a beneficial intere�t in Borrnz�er i.r sc:ii ar uun.rfcrred and Bartawcr is not a natura!penon) _ ' � , .-_
<br /> • ��±s�.� ai�out l.cnderti priar wdtten donscnt,Lcndcr may,at it.�,�..on.reyu•�:u.immediate payment in full ot'all sums secured b} �` �;���,�P�;;��:
<br />. �._.��� . tttiv Securiry Instmment. Nowevcr,thi.optio^tihall not be e�erci�ed b} G.�drr if cxercne is prohi hited by federsil law as of s;s , ;
<br /> ",,�```�"'� "f� � the date af this Security In�trumenl. '�` �� s
<br /> .;;F�, �':���::-' . (f l.e n d e r e x e r c is e�t h is o ption.Lend�r.Srall give Aarrower nmice vf acccleration. The ndtice shall pruvide a periad ai �", _ ' ,r;:,:�r: `
<br /> �`_�`-�''-�;'�:� n:x..',:ss than 30 da s from the b re che notice i.dcliveredor rnaited within w•hich Bnrrouvr mu�t pay�ll sums secured by this �, •
<br /> . . .i-,_ ,;. y. ,:,,;;:,,_;-.�:'
<br /> -'-� . q,:i,.,''. S�:i:rity Imtrument. lf Borraa��failti to pay Iheye sun.• y�riar ta thc expiratiun of ilii, perioci, Lendcr may invoke any ::; :
<br /> '"; "•*:;'� re.:.edieti permilted tsy tbis Serarsr,3nsirumrnt without furtFier notice nr dem:;nd on Rntrn:vcr. j<,• `.
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<br /> ' ... • � 18. Borrowee'.�Right tb Reinstate. I! B��nnwer mects ccrtain car4ition..i3��m��wcr �hall havc thc right ta have �
<br /> .:',_t.;:.;;, , .1,.:: enforcement of thi�Security ln�trument Ji�.enntinued at any ti�ne priur iu tlir�arlier��f: ta)S da}�(ar�,uch ather perind as •
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