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<br /> candennation Qsaiber tal�ins of my ptrt of�!u Ropeny.ar t`or conveyance in.liw of ca�demnaiion.arc he�b�(ust�d�,
<br /> stult be paid tQ�.ender. ' � �
<br /> � 'In th�eveat pf s taal taking af the FropertY•ttle�roceeds shall be applied to the sums secuted hy tbis.Sec�uiry < f
<br /> Insaumen�..wheti�er,or na tl�a�du�with any exass Baid to Borrower. In the event of a psieci�l[aking of thc Pto�rty in � . —
<br /> wNch the fais wr�� �a1ue o£the A�operty immediueiy beface tJ�e t�icing is eqoal to or gneatec than tite amouat of the sums
<br /> ,ee+ma by aris socu�iry Tnwumeat im�ediuelg befo�e ehe talCing,antess Borrower ana Lender otUerwis�agiee in wr;ting.
<br /> the swas secuntd by this Socuriry Insuumeot aha116o teduexd by the s�nount o€the prace�s muIaplied by the foltowing
<br /> — fiaction: (a)$je tatil a�amt of d�sums Secu�ed insmedi�tely befo�tAe ialdng.divided by(b)the fair madctl vatue of i1x
<br /> p�pe�ty unmediuety befae the talnng. My balana s6a11 bt paid to Bormwer. In the event of a puti�l takiag of the
<br /> ptoQeity in which ttre-fabr muket inlae of the Fnopr�ty imms�tely befone the�Icing is tess than the amount of tbe suais
<br /> secumd immediuety before the taking,tuttess Bomuwer snd Lender odKrwise agree in writing ur unless apptipble taw . .
<br /> ai�er�wlse prorides.the proceeds slall:�t�pplied to the sums securod hy this Secutity Inswment whether or not dte su�ns at+� .
<br /> - ° tben due. . . .
<br /> — if tt�e p,ropaty is abando��by Homower.er if:aRer notioe t�r l.ender w BaFSOwer thac the�u�ers to make _
<br /> ` �award or secck s claim for da�n�ges:Bocinwer fails.to respoiid to,I.tnder witbin 30 days after the d�te the notice is giveo: . -
<br /> ' I.ender is autharrized to coltea and aPP�Y the P�o�xe�s�aCits opdon.either to restaration or repair of tbe Ptioperty o�
<br /> � _-- - '_' - svms secas�dtiytins3eciinty Insttuitt��G�ti��r arUOt tRe,�ss duc..:-' _�. _ __ -
<br /> w d�e
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<br /> .�•: Usiles�'I:endec sod_Borrowr.�othenWise a$ree in wri4n8:'?mY.-�ucaaon of prooecds to pcincipal shall aot�uod;or _
<br /> : pnstpon�thc dae date of sbe manthlY PaYmenu refened to�ti.pacagtaphs 1 and 2 or change the amourrt of such paynxr►ts•
<br /> il. Bocro+►er Not Rdased: Faebarr�e_BY�i�ade��Not a Wsiver. E�ctcnsian of the time for payment:or _
<br /> 'y� modificatian af amortizaaort of the scuns socund 1►Y this Securiey,Insuumeat g�ar►ted by Lender to any suc«ssar in intsnesc ' —
<br />�•-.�+ � of BoROCVecsls�lt nac aperate to nka�se-tbe liability of the original Borrower or Bonower�s svccessors in ia[erest..Lender , _
<br /> sfiall not be raquited w commencG:Pr�coe�nSs a$ainst anY S�cessar in iwtenst or refusa to exund tune for payment or . . -- - -
<br /> � ,,..aherwise mod"ify a�qoiitfzatioa of thc sumsseeared by t6is Soc�riry�b��s�of aay dem�ad made by the a�i8ma1.; - -
<br /> �` r 8ortivwer or Ba:oar��rts:suobessors iq`ihteres� Any forbear�nca by L.ender ia�s'cisiag any right or nmody shaU nat 6e a __
<br /> _ �� ;waiver af or�neciud4`.,fl�e�ier�ise of ai►y rigbt or t�Y- ` ' •.: ts of tbis
<br /> : ,_.� The covcna�tts and ag�eemen - 4 --
<br /> � ',�. 12..Sucee�ors and�ss�s Bau�d+'JoioE�Ser•eral I�b7ity:Co�ecs. �T �
<br /> g ,�;. ;r •' Secuclfy Ins�ent shaA bind and benefit the svccesw�s amd�s:n�Lendar and Bormwer.subject to the prmrIsions 9f �=
<br /> �:_ r �7 Boaa er'�wve�az►ts and agra?�nts shalf bc,�o��:d several.Any Bosowet wbo co-signs this Sec� v. .�� `,.-
<br /> ,'�_ P�SmRi}.� � �` . , and canveytl�' ;:
<br /> � . Iostriunetlt buc dots-not e�cute thc Note: (a)is co-signiag ihis�^�iry InsErr�ent anly to mortgage.gratu `
<br /> ` ;�; '�• ` Bormwsr's itit�s[in rl�c Pioperty under the tem�s of this Securitg.3.-ssxntner,� (6}is nac personaUy obligaud to pay the sonis � ;� ''� �:�
<br /> „ _ ,�,:'.: secute�by.this Secut�ty'�nsunmenG and<C)agras that Lertder a�a?y othet Barrower.may agne to e�ctrnd,modit'y.fasbear ��S`. Lt
<br /> ;`�� "'`r� . or mafce auiy accommod�tians ww�th �gard to the terms of tE�s S�c�iry Insacumenc or�the Note without tdat Borrower s t�,�`� ��`s�;��,
<br /> . - y�'."� . �At. � , ,h., .. � .. °�'.t 4 `�j;a'7JFe�
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<br /> 13. I.oAn Ch�es;-�tf 1he laan secured by this Security Lsarumcnt is subject to a Iaw which sets maximom�wn �-.�. :`�
<br /> . charges.and that law is fcnatlly interpreted so that the interese or other laan charges coUecced ar to be coAecced'm coiuucdon �. � ��•.v
<br /> - with the loan excetd ttie permitted limiu.thtn: (a)any siicb loan charge shall be reduced b��the amount Mcessary to reduce ��:,� ^.p....
<br /> ' .� the char8s to tbe permined limifi and(b)any sums already cotlected from Hoaower which excaded pecmitted limits wiU be :, �;:�- .
<br /> "� '�'-f,� .. :tfunded to Bonower. Lender may chaose to maka this refuad by reducing the principai owed under fbe Note or by makins a -
<br /> �' ;'� ent to Barrower. I f a re fu n d r e duces princi p a l.t h e r e d u c t i o n w�l!b e m a t e d a s a p a r t i a l p r e p a y m e n t w i t h o ut an y �.:' , '_-
<br /> � . .��_:.,a<-:_ss'_'�'..- dite�PaYm � �. . _...
<br /> � � - i'.'�' pcepayment charge un det t he No te. ��
<br /> ` '��'�"� � - 14. NoC�a�es. Any natice to Bartower.pravidcA for in this Security lnsuument shall be given by delivering it or by ,
<br /> �,�..,.,._ . �` ,
<br /> ,"��"'°",?<.. •� mailing it by 6rst class mail untess applicable law reyuires use of another method.The nopce shall be d'uected to the Propetty , ,` �.:•�
<br /> :�.:•
<br /> ' �'• _`:�. •� p d d r�ss ar any a t h e r a d d r e s s B o t r a w e r d e s i g n a t es b y notice to Lender. An y noqce ta Lender shall be given by first ctass ---���
<br /> •:�'=�ti�_ � mail to Lenderl+address stated hcrcin or anY otWer address Lender dcsignates by notice to 8orrawcr. Any notice provided for � ' .�r-_'-
<br /> �s, :��_. =-
<br /> ..a-;��� .. in this Secarity Instrument shaU be deemed to have been given to Barrawer or l.ender when given as provtded in th:s Y__
<br /> M� �"�,� P��p}�• ' ' , ��__
<br /> �z:r 13. Governing Lpw;Se��erabllitys Thic Securiry In.urument shal!6e govemed b}• faleral law and the law of the _
<br /> �T���f ._. .
<br /> _..�•�,,1{_. , ;:; jurisdiction in which ti�e Piroperey is lacated. !n the event that any provision ar ctau.ce of this Security lnstrument or the Note , ''•.�s:�,_
<br /> � • •,=x:;;.Y.:. . � conflicu with applicable law,sunc�anflict shall not affect other provisiona af this 5ecurit�•Instrument or the Note which can , �::�:-:
<br />� � ��-��;':-- .•` , ' be g9vtn effect withaut the conflicting provision. Ta ihis end the pravisions of this Security Tnsttument and the I3ote are � �;:'"°°
<br /> , r ' ,r�.;" declaned to be severabte. .x,�
<br /> ;a�..:''`'- i�,�-
<br /> - �. '"';;,�:;;�:. 16. Borrowe r's C opy. H o r r o w e r s h al!b e given one conformed co p y of the Note and of thic Security lnstrument. ,} �
<br /> � ;: M • 1Z Tnrafer ot the Proptrty or s+Beneficial lnterest in B�rcowee If all or an�part of the Property or any interest in _v __
<br /> " , �;±;`�,. it is sold or teansferred lor if a beneficial interest in Boaower is sold or tranafeaed und Barrower is nat a natural person)
<br /> �x ,•�� �� without Len der's prior written consen t,L en de r m a y.at its o ption,re quire immediate payment in full aF all sums recured by . : �,-�;�
<br /> ��' t° ` >� this Security Insuument. Howe�er.this pption tihall not be exercised by Lender if exereise�s prohibited by tecletal iaw as•of . :
<br /> �'�°�`"`�=t-L the date of this Security Instrument. • • ' : '
<br /> _��:�;-:-"::•_� � ,..
<br /> .. .,�.-;�- ._.� t1'Lender exercises this oplion.Lender�haA give Borrower noticr of acceleratian. The notice shall pr�vide a period of
<br /> - • not tes�than 3U dags fram the date the nolice is delivered or mailed within which Hormwer must pay a11 sums secured by this ,
<br /> � � Securiry lnstrument. lf Barrower fail�to pa} tJ��:e sums prior to the expirasion of thi. period.Lender may invoke any , ,
<br /> - - --- -- - - mmecti��perrs�ittcc3 by ehia 5eeuret�•lnstrumens v.i�out further notice or demand on Horro��er. '_ _ �
<br /> E
<br /> � l8� Borrower's Right to Reinstate. if��arrawer meets Certain conditions. Borro«�er shail have the righs to 6eve � �
<br /> . ' . . enforcemem of this Security lnstrument disro�t�aued at any�ime prinr to the eatlier of: la►S day�Ior�uch othet periad as t . . .
<br /> - � Smgle F,�mily�•Faanie�fael[+nddk Atx l.�l`11RN IKTAL'S1ErT••Undortn Covonam� 9'�(1 �P��R�;��1 nPpRes� � ,
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