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<br /> �. .` .. .= � � . .. � . � . � �i�-- �a��rJ� .. ` �.
<br /> coodenwtion a odkr t�IciiK ot�►y prc at tlia Ptu�paty�at far ca►Yeyaarx in li�.w aEc�a�demwia�,a�e here�y�ip�d�d, -
<br /> � " sha�i be p�id w LRnder. . - • ` .
<br /> . � Le tAe ersat ot.s tohl wlcinp af the PnipeRY•the pocC�shalt be applied'to the sums secuttd by this�Sa�urity ,
<br /> I�'t�un�erit.whetAer oa no�then due.wvit�aey exoGCS p�ud to.Bonowt% In thr event oE a patti�i t�iCinB..of�he Yiope�tY m
<br /> � wbic6 t!u f�io u��fcet value of t6e Fmpetry inuaediateiy befar tlie aking is a�wi to cx g�eater tlw�the��mwne of.tlm sums u. �
<br /> secuned 6y this Socwiry lnso�ument immcdiately 6efo�e ihe raking.�kss B�xro�ver.and Lender�therwisE agrer in writinE.
<br /> �����y����y Uu�shn11 be rcduced 6y the amount of tlfe prcx�eeds muhipt'�od 6p the foibwing
<br /> - � ka�tias: f a3 tl�e toqf ama�uK ot'the s�as sec�e�.imexdiatety i�efae the ukie�.dividcd by(b)the fair mufca value af the .—
<br /> - _ f4ope�tY i�media�ety beforc the tating. My b�l�nee shaii be paid to Bomower. In the evrnt o�a partial t�king o�7ha`:
<br /> pl�perty in�whicb d�c fair muiicet valua of the E'tepeity inmrcdiately befoce t1�e taicin�is kss thtit ti��u of Qie sums
<br /> � secured�immedlstely befae the t�lting. unitss Bartawer and Lender otherwvise ag�ee u�writ6�g,or uatess applicsbk liw
<br /> a6eewise provides:the pruceods shall6e:ppiied to tbe Sums xcu�ed by this S�curity Msaument wfxther or not�he sums a�
<br /> `tdendue. _ : .
<br /> . if dre PtupeAY is ab�ndo�try Bonower.or iP.afles ootice by Lender to Bortower dr�t the cardem�ar dters to make _
<br /> a�awaN ar settie'a cisim for'damages.Barmwer f�ils w tespond to La�der within 30 days after the date�he notioe is pva�.
<br /> l�ender is authaizad to colkct ard�ppiY t6e Pnocads.�t its opeion,eitl�er to�stor�ion a trp�ir of the Ptoperfy a w tbe .
<br /> surm sa�ed by this Securiry Instrutr�i�wbetber or ttot ttan d�x. ,
<br /> Unkss Lender�d Bnaower o�t�awise�e in writiag.w►y appiicatia�uf Pmcad�to P'�nciPai sh�ll not extend a
<br /> � - P�P�thc due date of the monthly payn�ts tefetred to in puagnpiis 1 ud 2 ar ch�nge the�aoiait oE such p►ymrnts.
<br /> � II. �o�ro�ree Nat ltd�aed; t�arla�sa�oe a� i.e�de� Not a Waivsr.- Ext�uioa of thc time fa p�ymmt ar
<br /> modiCication of�nwrtizuiart af the sums scc�ued by this Srciuiry Iratnrment&rnad.Mi u�W�r�°anY sucoessor in ia�erest
<br /> of Bomnwer shatt not oprrue to zekase the liability of thr ariginal Borsowa or Barrawa's succe.csas in�ntenest.ltnder
<br /> _ shall na be required,w sammen:c praaedings agai�u[�r►y suceessor in iutuest a�tfiue to extend tnne far pyaiait ar
<br /> dherwise madify amoRization oi the w�tns sec�ued by.this Security Inshument by reasan of any dem�nd rtWwle by tLe anpml
<br /> - - - - - _ - -Barru�,zs oc iiomaka's sua.�so�s I�inte�e�t..Any fabearance by Lender in e�semsMg sny na1M or rrtnedv�bati_not be a ,_
<br /> waiver of a qoclude the exenise ot any rigltt ar ternody. T6e coven�ats and�IproaapMs af IMis ,,� .
<br /> _ 12. S�ect�or�ab A�l�oneii.toi�t�Several t.�bilit�:Ca�tp�e�s. ,
<br />--- SocuritY tnsuumem sl�ap bind and benefit the successas a�assigns of L�ender�sd Bormwrr,subject to the pen+nsana ef � .
<br /> - ' par.�grapf� 17. Borrower's cavenanu and agreements shall be,joint and several.Any�brtower w1w co-sip�s idis Secv�►
<br /> Instrument 6ut does not execute ti�e Note: (a)is co-signuig this Sec�ity Msttumettt onl�to mat�e,�t a�d°ow�Y�' ' . . .�
<br /> = Boaowei s inte�est in the Prupercy undes the terms of this Securiry InstrumenG tb)is na personally obligated w p�y tbe wa�a
<br /> _- secuced by this Securitg instmment;aad(c)ugr�es that l.enikr and any othtr Ba�rowu msy ag�ee to e�tend.modify.fab��r
<br /> .",: or maice any accommodations with reg,ud to the tecm.s of this Security Instrument ar d�t Nots�withaut t1u�t.8anowaY ,
<br /> - ' conseni. �
<br />-=- 13. l.o�o Cha�s. If the toan secured by this.Security lnstiu�rxnt is sub,�ect to a law which sets m�ximwa Io�n ,
<br /> - charges.and that!aw is finaliy inteipr+etcd so tdat the interest or dher loan chuges colla�ted a to be cdla.�ted io cawectio� • .
<br /> p�
<br /> witb the loan cxceed the pertnitted tim�ts,then: (a)any such loan charge sha11 be r�educed by the amouM Moe�j►m�d� .
<br /> --" thc charge to the permitted 19mi�and(b)any sums already colkcted frnm Borrower which excadeQ petmitted ii�aia wiY be
<br /> refunded to Boaawer. l.ender may choose to make this refimd by redueing the prineipal owod nnder the Na1t a by aWci�i a . . ,
<br /> direct paymem to Borrower. /f a refund reduces prisicipal.the reduaion will be arrted as a pattial prepsymrnt v►nlhat.s�ry -
<br /> _ prepayment charge under the Note. �
<br /> 14. Nottces. Any natice to Borrower provided far in this Security Instrameni shall be given by delivering it or by
<br /> mailing it tn-fust claa mail untess app�icable law requires use of another method.'fhe notice sh�ll be directod ro the pm��ty � .
<br /> •r'.. Address ar any other address Bomower derignates by notice to Lertder. Any notice to l.ender sha11��6e�iven by first a1�as
<br /> ' mail to l.ender�uddress stated herein or any other address Lender designates by notice to Borrower. Any notice provided for
<br /> in thic Secnrity lnstrument shall be deemecl ta have becn given to Borrower or Lendet wtten givrn u provid�¢in lhis
<br /> ,;. ParafiraPh•
<br /> _ 15. Governing l.aw;Sevetabttiry. This Securiry Instrument sfiall be gavemed by federal law and the 1aw of the
<br /> . -� jurisdiction in which the Propeny is lacated. In the event that uny pravision ar ciause of lhis Security tnstrument or the Nate
<br /> conflicts with applicable law.such conilict shall not affcct other provisions of this Security lnstrament or the Note whicfl c�n
<br /> ' , �, be given effect without the conilicting provision. Ts thic end the pravisions of this Serurity instrument anJ the Note ars
<br /> " dectared to be severable.
<br /> ` 16. Borrowe�'s Copy. Borrower�hall 6e given one conformed rapy af the'.\�:te and of this Security Msutrment.
<br /> 17. Transter uf the Property a�aseneficlal Inteeest in Borrower. If all or any pare af the Property or any intetest in
<br /> • it is sold c�c transferted(ar if a benetcw�:�l interetit in 8ormwer is sold or transfcrred�nd Bam;�±�er is not u natural pers�x►�,
<br /> without Ln�a�er�priar wri�ten conser,�t:Lcnder moy.<<t it�optian.reyuire immediate payme�:iri r�ll of All sums r�ecured.ta!:;..�
<br /> � this 5ec�a:�+in�trumera. L�£ewever.this optian tihal)not be exercised by l.ender if exerr�se�s pm`iibiteA by federal law as af
<br /> ' tlie date o�.:�is Securitw Lf.r^amertt. . �
<br /> � } if f,�9er exercises this optian.l:ender rhalt give Barrow�r notiee of neeetc�.tion. Tha ttc�::CC SIIAII pfOti rt:a period of
<br /> � ' na�less t.t,:.:��30 days i'rom the date tI��xKice i�delivcreA or mailed within which i�arrower muR ssay all�um.r�ecured h�°rhi.4
<br /> �.4•`'� 5ecurity t�:..Yrument. If Borrower ia��:•cv pry �hetie xumw priar ta thc expir.+dun of Ihia per_�.id. Lcnder may invoke a.�r�
<br /> _, __ '_ti- remedies�s;,rmlttcd by thit Security In{:rumen�withnut furlher natice nr demand vn 8orruwer:
<br /> s:,
<br /> �„ 18. Barrower's Right to Reln5late. If Harrower meets ceA.�in cnnditions. Qorrower�fi:dl have the right ta have
<br /> enforcetnent of thic Security fnstrum:nt discontinucd�t imy timc prior ta thc carlicr ui: Ia)5 dayti���s suct�e�hcr periocl as
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