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<br /> � caod�natian a��8��Y P�!�.of tde.�iopaty.a foccanvt�raorF'ut tiw of condatmatio�.are 1�erebY�+E��. .- .
<br /> swll De paiQ to I.eader - , ' ' to tix sums sccurod by thTis Socuriry � .
<br /> ' �� m the c�d��t o�.toal nkmg.af a�e PtopaEY.the poceeds sh�it be�ppl�o¢ �;ng oif uK Aq�esty;n
<br /> � ` to Borrower. Ia�thc ereiu of a putnl
<br /> .
<br /> 1�r�md,r_�i,di�er or nox then due,with wy excess�id ��. - _- _—_-
<br /> _ __ _ -- -• --._.-�__��._.— __..__ . ..�......«�_ _� _ _._ _
<br /> -.. wAecR the fiir.'�t., uc . r-g�r,�-�+,n..�..:_ -- -`� • ,.-
<br /> ' - secwCd.bq�this S�uatY Ins�i�d�ty deface thc taking,unkss Bonowes and Lende9r otiietwist agiee in wsiGag, _
<br /> thq s�ans securod by t6is Securiry Insautrxnt sl�It be redooed b}r the ama�un of tife proceeds,multiplied by the fdbiving---
<br /> : fraction: (a)th�totnl amawR o€t11e swns sceuc+ed immediatety.6efon the taking.�vIde�by(6)the fair madcet v�ue af the
<br /> �!�P��]!'immediateiy befo�r the taking. A�ry batance shall be p�id tu Bormwu. in the event of a pud�l taking of th4 .
<br /> Ptope�ty m v►Ti�tIie f?uF-o�uket walae of tfie Fri�pei'ty iihmediattty 6eforz tiie tsfcing is�isss s�raa ihc anwunt of t!K wms.: -- -
<br /> secured inunediatelY 6efae the talong.�unkss Baaower and ikndcr aberwrise.�groe in writtng or unkss applic�btc�Iaw
<br /> otlticrwisc provides.thc prbcads slnl}be appliod t�the sums seto�ed by this SecucitY 1►�strument whether or not tIx s�ans� �
<br /> then due. `
<br /> if the ProQerty is abu�doned bY Barowa.or if.aftu notice.tsy lxndrr to Barowec ti�at tde candemrwr offers to.matcee.
<br /> an award a settk a ciaira.fa d�gas.Botrower fa�s to respond to E�ender within 3Q days after the cl�tt the naise a t�a�t6e �
<br /> i,errder is autiwrized to wDoct and apply the proceeds.at iu optian.either ta rtstoratioa ot nepair of the Prop4�y _
<br /> s�ns sx�ed by this Security Instrument,whed�erotuot ti�en due. -��tat�xteod a
<br /> � Unless Lersder nad Barower otBer�vise agcoe in writing:any application of procoeds w priuuipvi
<br /> postpone tlic due due af ihe monw{Y p�yments iefe�red to in par�grapl�s 1 and 2 or ciunge the arraunt of such payments. �
<br /> 11. Bocrower 1�Tot Re�di � � � 11tat a,Wsisea Extensian.of the time for payment.ar.
<br /> _- ' modification of amoni7ation of the sums secwred by this Securiry Instrument g�nted by Lender W aay successor.ia irnetest �
<br /> of Bomower stiall not ope�'ate to rek�se the liab7�ty of the ariginal Borrower or&xrowtr's sQCCxssas in interest.Lader. � .
<br /> sbaU not be aqui�ed to caa�nce Pro��m&S$Sainst any suceessot in interesc or t�efuse.to euteM time fa payrnent vr .
<br /> -- � ` ot��rwise modify amonizatiarr af dr stut�secured b}�thu Security Tnstrutneat by reason of any det�taad made b5+��S�
<br /> Bonnwer ar Borrower�suecessors ui itiresest. My forbrarance iry Lender in eaec�isirtg any�gltE ar mnedy slnll nnt be a
<br /> - waiver of or prectude the exeraise of any righ�or remcdy. • - � - of tbis
<br /> Il. St�oots�acs aod As�s BoA1�d:Jdnt aod Several LiabAity;Co-si�oers 71x wrenauts and ag�et►jerus.
<br /> - — . ' .:. Secutiry Tnstniment shall bind and beaefit the succtssws and assigns of Lendec aad Bormwer,subject tg the pro�iswns of
<br />__ - ': ''';::_ Paragraph il.Borrower's covenants and agm.ements shaU be joisn aa�sevecal.Any Bo�rrower.who co-s�gns tbis Security. .
<br /> - ; Instrwnem Iwt does nat execute the Nae. (a)is co-s�gning this Seculity tnstcument only to�ge,grant and canvey ih�:
<br /> �:.Borrower-s iaterest in tfwProp�eRy Lnder tite tenns of ahis Security Instrumen� (b)is not pers9aallvo6ligated to pay the sam�'. . . .
<br /> • securet[by this Security[nsuumenk and tc)agrees that l,ender and any ather Borrogera:ay a�ia ezterv3,modify.fo�"°': `
<br /> - or maice atty accommadations witb regard to the terms pf this Security (n�s�it 6r the.Nate without that.Boaower's
<br /> - consent .
<br />= l3. L.a�p Charges. If the laan secured by this Security Insttument is subject'r��Faw.:Rfiich sets maximum loan
<br /> L.a
<br />- charges,and that law is finally interpmted so that the interest ar other loan charges coltected uc cob�e coltected in connection
<br /> � witb the taan exceed the pemutted limits,then: (a)ar►Y tiuch loan charge shall be redaced 6y tlTe��?punt necessary to reduce
<br /> '�'"� the charse to the permitted limit;and tb)any sums already wilec�ed from Bortower which exceacied peRnitted limits will be
<br /> ?.l°-'� �tefunded to Barrower. Lender may choase to make this refund by reducing the principal owed under the Note or by making a
<br /> - � direci payment tQ Botrower. if a refun�reduces principal.the reduction will be-treated a�u partial prepaYtnent without any.
<br /> � prepayment charge under the Note.
<br />- ' � 14. lbtices. Any notice to Bortuwer provided for in this Sewrity Instrument shalt be gi�en by delivering it ar 6y =----
<br /> }' . �; mailing it by first cla+s mail unte�s applicable!aw reyuires use ai another methad.The notice shall be directed to the Property '-,�.�,.�-
<br /> Address or any other address Borrower desipnates by notiee to Lender. Any notice to l.ender shall be�iven by ftr��t class .:�,,y
<br /> ' • mail to Lendei s address stated herein or any other rddre�s l.ender designates hy natice to Borrawer. Any notice provided fos :-:Y T_Ty :
<br /> � '� in tbis Security Instrument tihall he deemed ta have been given ta Borrower or I.ender when�;iven as provided in this ;
<br />- '' ParaSraPb• , t- .
<br /> .;i
<br />` - S IS. Governing Law;Severability. 'fhis.Security Intitrumcnt .rhaA bc govemed by federal law and the law of the
<br />' �r� . jurisdiction in which the Properly is lacated. In the event�hat any provisian or clause of this Security lnstrument or the Note .
<br /> , �;•� eonflicu with applicable law,tueh eonflict shall nat affett other pcavision4 of thic Security Instrument or the Nate which can
<br /> :�- be siven effect witham the contlicting provi.rion. To this end the pravisionti of thi�Security ln�trumem and the Nvte ate �'•.••
<br /> °?' � declpred ta be�everable.
<br /> ��r,�;c,�;
<br /> �F..� 16. Bo�rowe�'s Copy. Barc��wer shall be givcn one cunfom�ed cnpy af tfic Plotc and of this Security Instrument. � �.' . .
<br /> 11. 71�ansfe�ot tht Property or a Feneticial Intc�eyt in Barrower. If all ur any part of the Praperty or any intere�t ir�. �
<br /> it is rotd or transfetted lor if a beneficial inlcrest in Boru�a•er is sotd nr u~an�ferred and Banower iy not a natural pecsar�i '.-�``. .: ,:
<br /> wilhout l.ender's priar written canscnt.l.endet may,s�t its optian,reyuitc immecfiate payment in full of a{l�ums sccured by •==
<br />= .. . this�5ecurity lntitrument. Hawcver.this optian shall nut be cxercitied by Lcnder if cxcrci.rc iti�robibited by federal law ac of
<br /> ••.,,,
<br /> • - the date of this Security Insirumem. �'�
<br /> � � lf l.ender exercises this optian.I.ender�hal!givr Borrow•er notice uf acccl�ratian. The notice tihall pro�i�fe a period aF
<br /> �. �r:.:�
<br /> • 4•� � not tess tiran 30 day�Prom the date the noticc is delivere�l or muiled within whicb Barc��wcr mu,t pay aQ yums.ecured by this
<br /> r,�, 5ccurity tnstrument. lf Bamwcr failc to pay the.e tium.ti prior tn Ihe expiration of this periocl. Lender may invoke any "�
<br /> �• ,�' remedies pertnitteci by this Securiry Instrument«•ithout further nmice or demand on tiarruwer. ; ,
<br /> T�,:.;,, ,. • � , .
<br /> • .,. �f��+�•._; 18. I�orroWer s Righ! tu Reinstate. If R��rraw'cr mcctc ccrtain conditioc��. B�rru�ver�hap havc thc right to have ;
<br /> r. '`�•�•� enfarcement of this 5ecurity ln.rtrumem discontinued ut any timr prior to the carticr uf: (:�►S day+(or�uch nther�;rioci:�r
<br /> ;,, 5 . .
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