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<br /> _ � `prybs�aj►aa layx te�.st the aplioe of Ls�da,if�natpse insarmoe oara�C(is t�aomt ma r«me paioa <
<br /> tli�t I�der ieqaues)Pro^rided bS►�iruer�pruvod hY L�eade�'apin beoomes svaif�ble aod is AbaiAOd-Bocro�er s6a1!�ry
<br /> • H�e Alis�[aq�ie�ed b�°aoet�e i�a�oe in'e6ect,or to paride A lact t+aetve,uati!tbe toqait�anrat far mo�t�e,, .
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<br /> ` � �L L�eetMi.Irader or its s�eat ma�t adte ce.isa�nbk eatsies npoa and i�Om of We Pmpe�ty.Leeder s6a11 aive . -
<br /> Aorc�r natice at the dmt of a prior to aa impection apecifying tr�son�bk c�se for dje itupecaon: - . .-� : .
<br /> 1i G�e�ttw.'ibe ptxads of 3ny iw�nd w c�sim for d�gss, d'ue�t or ooas�a�tial,eo cannection�vith any
<br /> coodemo�tios a aWa dnn�of any p�et of the PtopeRy.or fK onmrcysnco in lia of c�o�ation,`9�e he�sby`issigned�od
<br /> `- ` s1W�6e p�id w Ytadec.` � - � `
<br /> Lt tbe ev�eat of:toW n�yg of tLe Piopetty,t6e p�uceeds shali be applied w the su�s s�ared by this�ec�rity imt�umpY.
<br /> wMl�er or mt t�iea due,v�iith aay exoess pid to Bormwer. tn.th�evenc of a p��tial talQUg of tbe Pruperty ia wUicii tLe fair
<br /> m�Imt vilae of thc Propaty immedi�ety 6efone the tating is eqaal to or g�ater tl�n tbe annuat of die sums secnred by this
<br /> sear;ry ImAza�eac immeaiately before tUe tating,+mku Horm��a�na Irnder dt�a+ise�gra in writ�g,the s�s sanuea b�r
<br /> iis Sec�ricy Imtrummt"sY�1.bt�cp�c�lsy die�of 16e p�000eds maldplied 6y the faltaaring fractioo: (s)tbe totd
<br /> �navnt ot the sums���nediatelY 6efore tbe taltin8,Qivided by (b)tLe fs�ir mukd value of it�Propesry nim�ddi�ody
<br /> ,bdoce 16e nicing.My��"s6all be poid W Bormwer. In t6e eveat af a putiat t�ng of the Pc+opetty in�tbe 6ir �
<br /> _ ` m�lcet value of the Pm�tty'x"m�edi�tely befae tUe talnng is kss tl�n tbe mnount of the sums sccured immodi�te3y b�faie tLe
<br /> ta�,aaless Baiower sd I�des otherwise�cx in writuig or nnkss applic�bk 1aw a�envise provldes,tJ�e proaeodt sbafl
<br /> _` '.be ipplie�d to tbt swns secu�+ed�by this Sewriry I�c�wiKttter or aot the suu�s m tfiea due. � ,
<br /> -- • If the Pt�cpeity ts abaadoeed by$anawer.or if,after notic�by Leader w Bom�wcr that tbe oo�emnor offers tam�lcc an
<br />_` aw�scd o[tdtle s�ctaim for da�t�ges,8ocnower fu'is to respood to I�eader within 30 days aRer tbe datae tAe notice is glvab
<br />- " I�eader is�thoiiad io oollect aod apply tha pmooats,at its opaon,either w�storatioo or�pir of the Pmperty mr�ttrc wa�s
<br /> ,_ . . •, .�:, ,
<br /> _- ' t�erorod b�16it Seearity Ia�ne�whe�er or noe then due.. -. � .- --.--
<br /> _ _ Unkss La�ler aod Borroaer otlfawise ag�ee ia writing, any 9pplication of pcucoeds to prina�l sball uot este� or
<br /> -- ppstpone tbe due date af tl�e monthly psya�ena nferred to.in p�hs 1 and 2 oc dynge tlie mriouot af sac�paymaus.
<br /> 11.Daee+awee Nat Rdea�ed;Forbairaea B9 I.eaii�r'�!iot a Wiivee Estension of the time for p�ryment�i�odifiatian —_=—
<br />_ of aawocti�on of tbe saa�s sa;urod by t6is Sauriry�rt S�bY Iender w�y sucassor in intetat aEE��siower s6a11 ���
<br /> o�opersRe m�etesse the fiability of thc arigiaal Barcawe*or Bomoc�er's sucoGSSOrs in interest.Lender sha11 ioa'F�requind W �4�
<br /> E.', ��:
<br /> c�nenoe piocoedings against any successar�interest or refi�se to extend time for payrnrnt or odrecaaise modify anwrtiz�tion ���=_�-
<br /> � , of the snms socurod by this Secarity Inst►vmeat lry reas�n of any dem�nd made by tbe oaginm�i S�ieower or Bomnwds �-�"-=�_
<br /> „ �r;,��>=y�-
<br /> sa�xessora in inte�st. Aay fa�ce by L.ender in.exercising any right or rertbdy�rall na�e a"�aiver of or proclode tl�e _ _ _ _
<br />' - ---_. _ � .=�of my.si�st os sa�ed3�. . .. - � - -- � _=
<br /> 1Z.Socaaion swd A+siy�Baub;Joiut sad&rerd I�abOity;Co-�se�a•TI� cove�r'�and agreements of this �
<br />- . ' Security InstNmeat shall biad aad beaefit the sucerssors aad assign4 of Lerder aad Borrower, su�aat to the pmvisions of �
<br /> p�gr�h 17. Borrower's cover�ants and agc�eemnts shall be joint and several. Any Bornower'�o co-signg this Savriry --
<br /> - �a�cpa�eM but does not exe�te the Nae: (a)is co-signing this 5ecurity Insuuajent only to awrtgage, gaat�cativey tl�t ___
<br /> � Hoauwer's iaterest in the Pmperty w�der the tem�s of dus Se�arrity Insuumem:N)is aot peraonally obligated w piy the sums - °'�
<br /> °-'�.n-
<br /> . i' ' secuced by this S4cudty Instrument;and(c)agrees that Lea��'and any other Borrower may agroe to extend.madi�'Y,forbar o� -i ,._�� �.. -
<br /> .,��.�.;�•�..:-
<br /> uuke any s�coommod�tions with regard to the tertns of th'ss Secudty Instrument or the Note without that Borrower's oonsent. . ,,..-.
<br /> � '• ` I3.I.wa C6s�rges.If the loan secured by this Ser.�riry Instrnment is subjxt to a laar which sets ma�mum loan charges, ' �;,`, �=
<br /> ' ��`' aud t�at taw is finaliy interpreted sa that the interest or othec loan charges coUected or to be wllected in conneedon with the �
<br /> '�Yt.. �Ya_3.'.,:.
<br /> . � ,r &aa�exoeed the permitted limits,then: (a)any such toan charge shall be reduced by the amaunt nxessa�y to redua t6e chprge ;F1��lry;�.�r -
<br /> to the permitted limit:anti(b)any sums already coltected from Borrower which exceeded pecmitted Hmits will be nfundod w .�.��'r�l ',�'--
<br /> ' Borrowee. Leackc maY ehoose to a�ake this refund by redueing the prineipal owed under the Note or by malcing a di�et "��� _;
<br /> _ - p�yment to Borr-swer. If a refund reduces principal. the ceduction will be trcated as a partial Pnepayrncat witUaut any , _�:�'�=
<br /> : ' ps�sayment cha.�$e under the Note. � . `';_
<br /> ��i.Notkes.Any notice to Borrower provided for n�t�is Security lnstrument shall be given by delivedng it ar by mailing =-. .
<br /> it b1&rst class mail unless applicable law requires use of a;iather method.The natice sha11 be directed to the P�ty Addnss �- -:�'z"'r
<br /> � or any other a�.�'ress Borrower desigaates by notice to Lender. My notice to Lender shall be given by fiist cla4s mail W '�.;`•=
<br /> '� ' Lender's addre�stata!herein or any aher address l.ender designates by notice to Borrower.Any notia pt+�vidod for in thls - '
<br /> . f Secusity Instrument shall be deemed to have been givca to Borrower or Lender when given ag pmvided ia this paragranb. .. _. . . _
<br /> ' 13.GOVp'A�j I.11Y�Severability. This Seturlry Instrument st�all be govemed by federal law and the law oP the :�'�:�
<br /> v,r,:;+:,
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<br /> ' ,y�risdiction in which the Fropcsy is located.In the event that any provision or ctause of this Secvrity Instrumeat or the Nate •� •:�'�• ,�� .
<br /> . � , t ,confilcts with applicable i$w.sn'ch cont]ict shaU not aifect other provisions of this Security lnstru�or the Nute whlch qn be ' r : .
<br /> '�,.��*•:-'-_•;•, glven effect wi'�aut the contIicting provision.To this end the provisia�of this Seturity Inst��a and the Note are declared , . �
<br /> . .__�.. ;.. . � . .. to bc sevtrabl$..
<br /> '�'�-�':`' . ► _ '
<br /> . -�� r:�. 16,Barrawer's Cop�.�onower shall be given on:oa^formeQ copy of the Note and of this Secudry Instrument. � . ;'r•;s„
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