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<br /> - pr�ne��y eQ�liayes be e�qui�ro�.�k ttie optio�of,tre�Ms,it moetp�e�,covas�e ttn tbe an'nunt�d far d�e perlod ..
<br /> li�e L�e�d� rpnie�ai).p�orided b�►aa i��+er!P�'e���+�be�oa�.avail�bfe aad is c6tritiad.�orro�+et�li Qry,
<br /> � a a�ntris ladur�oe�n etkct:a�o peevi��rlc�rc�nve,until the requt�deat[or�o�lp�e ,
<br /> - P��iu�ite�ind_-- — �-- ---��
<br /> -- - -- � 6et�r�ee Bornrivet�ed�E��uferu� ipbt�laa�.-.-------•-
<br /> ia�uw�ce asd�in�ocoe�erc��t M►�itteR�teet�t � - '
<br /> ' f.i�/atiMt.Le�Oet a its qeat m�y m�lce rcnoe�bk entrks t�po�ud tnsp�xK�ans ot thc Ptape�ty. L�eader eludl=[ve _-
<br /> � goreawar Aotioe at tf�c.tie�e of or prior to an iaspectioe�epecifyln��awbk cause far the inspcdiw�. .
<br /> � 1�.GNew■Mi�.7Le Pmoaods of aay awud at cl�im fot d�m�es.diroct.or cansequeMitl. in amnection witb�oy �
<br /> ' , ` poedemn�tioo or od�er qki�of any put ot the Piopctity.or for oa►veyuke in licu ot rnndeau�tion,ar+e hen6y assigned�rd
<br /> �tEbe p�ta I�ender. °� - �
<br /> In die evd�t of i topl talnng oi t6e Property.the pcn�eeds shall be appliad ta dK wms so�vnd by this Sa:udty Insuumeat..
<br /> �rl�e�er ar not d�en due.with siry eaoe.ss prid w Bormxer. In the.event of A pRttial talcing of the Pcopecty in wt�ifi tbe fatr `
<br /> m�cicat value of the ProQerty i�nodi�teig before thc aldng is equ�t to or greaUer tban ti�e�nwunt of tlre sums socured by dus
<br /> � Secarhy Iaswmeat iarmedi�rely hefon d�e tpi3ag,unles�Bortawer�nd I.eader atbecwise agtee in writing,dte sums sa:urod bg
<br /> . Wis Secnrity Iast�ma�t ahatl be neduced 6y t6e amount of the provoeds multiplied by tbe fallowiug fraaioa: (a)tl�e tatal
<br /> amouat of the sums soca�od�y lxfore the tAldug.dtvjded by N)the fair m�rlcet v�lae of the PmpertY �Y
<br /> befooe t6e taidng. My baJana ahaU be pad to Homower.In tbe tvent of a partW takia8 of tbe PrupeRy in which tbe fair-
<br /> n�arket valua of t6e Pmpe�ty immodiately 6efan d�e talung ts less than the amount of the sumc secured iaimodiately befone the
<br /> — taYiog�nnkss Bomower aod I�ender othtiwise agroe in writing or uvless applic�bte taw othe�wise provides,tbe pmceods ahail
<br /> be appIied to th�awnt secured by this Sauricy Insuument wfKther or noE the sums ac�e tben due.
<br /> If tde PmQe�ty is abaadoned by Borrower,ar if,after aotice by Lender to Bomnwer that the condemiwr off'ers to make aa
<br /> =- a�vard orxttk a cl�iak for da�r�,es,Borrower fa�'ls to respond to Iendec within 30 days after the date the notia is givea,
<br />_ i,nder u a�wri�ed tn coliect and ap�(y We procecds>aR its option.eittier to testoration or�iepsir of the Ptnperty or w tbe a�a
<br /> - se�v�ed by this,Sezurity Inmv.a�t. wh�er or not tlxn due.
<br /> 'U���pd&�ei otheswise a�ae iri�ing, aay appiication of proceods to princ�pal sh�ll not exte�d oe
<br /> -- po�one the�e datt af tbe rnoiithly paymeats tvfectv��:i��agraphs 1 and 2 ar change We'unount of suct�.�r�ments.
<br /> " 11.Boesv*er Not Reteased;Fa�6d�oe B9:��'�'_�Tot s Wa{va:Ex[eosinn Qf�the ume;�or payment��awdification
<br />'�:i;lp_ . - � �....,. . . �..
<br />- - of�unarhz�rm�'w.�ihe sums�ecured by this,. .;�'.�s�ient gr.u►tcd by Leader ta.a�r.�s�.i�tc�est of Bocrower shall
<br /> �Y �;' ' not ape,��,� .��'"�se the liability,of the ve^��a�tveerar Borrower's suoassotsaii��tciest.�A�siwll not be m,quired to --
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<br /> �;c CO��SS 8�lnst any su0Ces5�'.tA iDtCC�S�t�T:.e�QSCib cxtCUd tiA1e fof:p�'CAeiak bT otherwise mOdify amorti7Adon --
<br />- � csE-tt�'�rs�red by this Security Insaument by'r�cvan..of 2ny de�and,made-�e,g;the original 8orrower or�osrower's ----
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<br />,,,,:,, av���srs rad�est. My fo;beazance by I.ender in ezei�ci`sing atiy.rigl�c nr�e�dy.�.*'all not be a waiver of or preclude tGe. __s=__
<br /> " eaencise of�,r�t or remedy. : ° ;.:,: :�. �- " . — a
<br /> �� � 12.Sucae�o�siad Assig� Bau!d:Xo1M�nd._Several LtabiGt�+Co�si��-The cavenants and,agreements af.this =
<br /> . 5a�dty InstnuneAt shail biad aad benePit�tiic successors and assigns"�o'F�.ende��Borrower. subject ta the pmvjsioiis=oF �: — —
<br /> pAiagcaph 1?. Aorrower•s ooveiwnts and agr�nts shalt be joint aad severai. s�sry�Borrower wha co-sip,'ns This'S�i�.t�!;' ;:'`.''_====
<br /> - Inst�umeat but does not eaecate the Noto: (a)is co-slgning ehis Sect+dry Instniment on{y to moctgage,gcaaC arid convcy.;ilqie .'; � — _
<br /> ' Borrower's interest in tbe Propecty under tl�e terms af this Securiry Instmment; (b)is nat personapy obligated to pay tbe sums• --__--_
<br /> secutod by this Security Insttument;and(c)agrees that Lender und any other Barrower may agree to extend, modify,forbear or � � -
<br /> � ��' malce any sccana��odatians with regard to the tem�s af this Security Instrument or the Note without that Borrower's consent.
<br /> 1 red b this Securi tnstrument is sub'ect to a law which sets maaimum laan ct�azges, —!�"�'�=';
<br /> . 13.Laan C6�rges.if the oaa secu y ty l �.,.
<br /> and that law is finaUy interpreted so that the interest or other laan charges coltected or to be collected in connection with the
<br /> . loan caceed the pemuttod limits.then: (3)any such toan chargc shall bc reduced by thc amount necess�ry to rodace the charge � �''`_�"`�'.-�
<br /> to the permitted limit:anA(b)any sums already a�llected fram Barrower whicb exceeded permittecl limits will he refundeA ta � �-�.:
<br />- ' Horrower. Lerider may choose to make[his rcfund by rcducing the pdncipal owed under thc Notc or by making a direct "'''' -
<br /> ; �tyment to Barruwer. Ii a tefund reduces principal. tl�e reduction will be treated as a partial PrepaYment wlthout aay -°�;,+��_
<br /> Prep3yment charge under the Note. " ::': `_
<br /> ', 14.Notic[s.Aay notice to Barrower pravided for in this Serusity Instrumcnt sha11 bc givcn by delivering it or by mailing � ='r•;
<br /> it by first class mail unless applicabte law requtres use of another metUod. The noticr shall be direct e d to t he P raperty A d dt�ess `'�=?���
<br /> or any other address Borrawcr designates by notice ta Lender. Any nosice ta i��dcr shall be sivcn Dy first class mail to �^�-'
<br /> �.�_,-=-•�
<br /> . Leader's address statai hercin or any ather address I.cnder dcsignatcs by notice ua�rrawer. My natice provided for in this — � __-
<br /> Security Instrument shall bo dcemed to havc bcen given to Batrower ar Lcndcr ai�;iven as provided in this pasagraph. i. _-�;��=
<br /> � � �„ 15.Governing 1,aw;Severability. This Security instrumeat shal!bc gavemed by federal isw and �I�e.law of the -
<br /> ':�r ' jurisdiction in which the PropeRy is lacated. ln the event that any provision or rlause of this Se�;.r�ty lnstn�mec=t oc rhe hate ' - '��
<br /> �•- confliets whh appticable law.such ronflirt shaH nvt aft'ect olher pravi�inns of this Secerity Instru.r�e���r thz�cqe ufiich c3a�:- '
<br /> � -r: given effect without the conflicting provisian.Ta Ihis end the provisionti of this Security Insttum.rx�.zd tt�e hc�are decta��
<br /> • _._.;�.. to be severabte. .
<br /> . . �� . 16.Borrower's Copy.Borrowcr shall bc givcn onc canformed ropy of the Notc and af this 5�:�:r:ty lrstr�:'�ent. �- "- -
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