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<br /> . capdeara�tioa ar ot�eF niw�oE ae�,p�t of d�e'Ptopem►,cr c«canreyinoe in liew oiconaa�r�tia�.are ha+�jC a�+�aed . ..
<br /> . sMU be p�id a t.ender. ° ` siwlt 6e�pptied w ihe sums accwrd b�r ihis SeG�urity
<br /> _ ' I�t the e�ieat of a tata{W�in�oF tbe.Aopettp� Ihe prooeed� �
<br /> Irt�nrnen�whetha or not U�m due.with af�jr eucess p�id to Bartuwer. ln 1he event aT s paniai takina of!he Ptoperty irr . .
<br /> .. which Uie fiar m�rtet v�tur ot�he Property 3axncdiately beforc IAe tatcing is cqu�t!o a grauer th�u►the arntwnt of the eums
<br /> ` . socuRd byr Ihis�Scenri�y Insttun�ent immediately lxforc the taking.untc.+.�&xc�vct w�J ixnJer n(hc�v►�i�e Aj�+ee 3n wtilsnE,
<br /> � � the sums secvRd by ttris Security It�sttument xhafl be aduced by the umaunt of the proeeods muttiplicd by tht fdluwin=
<br /> tnctioo: (s)the tohl artaunt of tbe sums socueed immafi�te[y 6eCae the taking;divided Isy tb}tha�fair martca value d the
<br /> - - -P�opat�?InMnedi�ely_befooe Ure Wtin& Any bai�ncs slia116e paid so Ro�rower. In the e�rent_of a p�itial talcing oF Ihe._ .- -
<br /> � P►opaty�n whieQ t6e fair mulcd vatue ot�he Ptoperty immediately befaie the taking is�ess tF►an�fie anwunt ni the scmp�s
<br /> secuoed iuunedi�tely before the ta(cing: unkss Botrowet and I.ender dherw9se agnee in wrilin&or utakss applicable'ia'��
<br /> qlie�wise p�videa,tht pcoceeds slwlt be applied tu the sums secured by this Serurity h�strument whether oF nat the snrt�t�rt
<br /> _- then dua. ' `
<br />- — If the PtopeRY.Is ab��da�ed try►Bamwer.or if,aftcr notiae by Gsadet lo Bonvrver tlt�the condettWtor offe�s co m�ke
<br /> " � an awud a seale a claim fa dam��s:Bamwer.fiils tv�a+-pond tc�.ixnder within.30 days after the date the nolioe is Eiven.
<br />- - _— l.n�cfet is iuthoriaed to colkct aod appiy the pnuceed.4.at its optian.either to r�.stor�tion oc repair of the i�vpeny ar to the
<br />==_ . sums securat by�h�Security'in.ctnimen�wftethei or uot Ihen dut. .: :- < .
<br />-- • UnC�.ss i,en�k�a�xt Rom�wcr wherwise u�ze in writin�,�:u�y vppik:�tiun of pra��is.cu pr�nci�sal afia11 neA extcnc!�x .
<br /> __ postpone�rie dua dale uf the monthlY PaYmeatw rcfcmxl ta in P�P�P�t anJ�nr citaagc tt�e a��xwnt oi such payment�:' ,
<br /> - 11. �arrowec Na/ ltekaeed; For6ear�c By Leeder Mot s VYaiqer. E.�tensian of tlie t� fa payment ar ;.'..�, .
<br />' - � modifx�tia�ot'a�nditixuinn of the�sums secucod by this Secnrity lnstmmatG gr+nted by L.ender to an�successor in interest
<br /> ot BoROwer shall not operate to releas�:the liability of t��e originat Bormwer or Bairower�s successors in interest.l.eade�
<br /> �• slwll nW be tiequiedl to cartunenco proceedings against any succes.4or in interest a'�fi�se to extetNi linx for payment or
<br />:;;;;.; qherwiats modify amo�tization of it�e"sums sa;ucM by tbis Security Inswmcnt by reawn u��ny demtid m�de by the ariginal .
<br /> - Bormwer a BcKrowei i�u�ece.ccors in intenefit. Any forbear.uice hy Lender in eae�cixing any ri�t or remedy sha0 not be a
<br /> ��� waiver of a prccludc thc excrcise af any right�%coiciiy. '
<br /> �!%": !2. Sreca�ara�ad Ase�ns Houndi Joi�tg�ad Serernl Liability;Co-�ner�. The covenants�rtd agreements oP Ihis
<br />_ Seeurity inwument shall biad and benefit ttie"�t#?oekso�and a�signs ai l:ender anJ Bor�we�r subject to the pcovisionc oi .
<br /> t.."- paragraph 17. BorrowePs covenants and agreenrierts shal)be joint and several.Any BoROwer who casigns tbis Securily
<br />� �� lnsuument but does not eaa:ute tf�Nate: (a)is co-s�gnin this Securiry Instnunent only to mongage.grant and convey that
<br /> ,--,� - -. Borrower'a intereat in the Ptopeng�nder�#�ter�sis at this�rity lnsuume�u: tdI is rot persohally obligated ta pay the sums. -�^- ---
<br />. r. �secun:d by ihis Security lnstrument:and(c)agrees that Lender and any other Borrower ma}agree ro extend,madify,torbeat
<br /> . !: • �,L. ;�''+: .� �ar make uny xcommacta;ions with regard to th�terms ai'this Security lnstrument or tl�e Note withaut tfiat Borrower:s _
<br /> consent. ' �-.
<br /> _ 13. Loan Cfwrges. li the loan secured by this Security Instrument is subject ta a law which sets maximum foan �,____
<br /> -. � charges,and that 1aw is finally interpreted w that the inter�t or other foan charges coltected ar to 6e collec�ed in conntetion =—
<br /> . � with the loan exceed the permitte�t limits.then: ta)Any such laan charge s6a11 he mduced by the aniount necessary to reduce
<br /> ��� the charge�a the pertnitted limi�artd/b)any e:uum,s alreacty collected irom B�ssrower which exceeded permitted lim�ts will be _
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<br /> • '= _ nfurldcd to Borrower. Leader may,choose to make this refurxf by reducingc'ie�dncipal owed undec the Nate or by making a _ _
<br /> - � � dirrcl pnyment to Bormwer. ifs.tefwKl redua's prineipat.thc rectuction cc::i�e tre�tet!ac a partial prepayment without pny , �'= �
<br /> �,•� .r.. � PrcPaYment ctwrge anikr the Note. �.;L�.�3o I.'�,
<br /> • . � �'� � �4. Natkes. An naicc to Burruwer �avided far i�thas Securit l�.cirunte:j s�sa71 be ivcn b delivert� it�rir b .. �,,��.r�-�Y
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<br /> �'' `'` � mailin it b first clas.4 mail untess a licable iaw re u�ms useafazother a:ec.'�ad.'i'S�e s�otice shaU be directed to the Psaperty •f°::«�:--��-••
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<br /> .;'!?:;�H""':;_�, Addns.4 or any other address Borrawcr cksignates by natice ta Cende� ��r.y,r.otice to l.ender shall be given by first c1ns.5 .� ��',', • =��-
<br /> "�-°"�'�"`°"�'=". mAil to Lenderlc uddms.�StateJ hcrein ar any c�ther addrea+s l.ender d�ig��es#y nutice tu B��rrowvr. Any nulice pravided far ����
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<br /> `�'--;,.�.:_�;;;. in Ihis Security Instrument�hull be deemed to have txen gi�e� to [ic�cos.�ee or Lender when given :�c pravided in this �, T.
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<br /> �_=�,.�- IS. Goveraing 4aw;Severability. This Security Instcc:nr:Kei s'��.rt be govemed by federal law and�he law of•the E: " :�.;;i; ` ���"��-
<br /> jurisdiction in whtch the PropeRy ic lacatrd. In the event ihal any proti�is's4;�.orclause of thix Secur}ty Instrument or the Note ti:;,;;��7;,,'' =��``
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<br /> � �. , .,:�:•• conflicts with applicable law.sacb canQic�xhall not affect other prov'ss:�:s5 af�is Sccurity Instrun�ent or the Note wbich caa . - . .. -�-`
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<br /> � . .'�;; ' be given effect wiihaut the canflicting provision. 'ib lhis end �he proross6ris oP thi�Security In��rumem an�Ihe Nate are :�,,,'; .,°_:• � ,- - -_
<br /> �,;` '�,'��� ;�:-�.'{, dectared to be scvernble. • • ;�(,., ,x,,
<br /> f `=� 16. Borrower's Copy. ducn�wer rhall be given one confarn�ed capy nf the 1Vat°a��af this 5ecurity Inctrament. ' • ���ti°�
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<br /> � . " !'=':J 17. 7Faesfer ut the Propeely oe a Benetic1a11ateresE i�$orrower. Ii alt oc aay�+zif ai the Properiy or Atty intecest in � : g ti
<br /> '.'"r,'�_,"s.,�*'::". � it is asatd ar trnnsferted(o�if a beneficia]interest in$orro�ver is xa1J or[ransferred arr�t Eorrower ix nat a naturnl pc�son> r . �;;:;�,;-: ;���^
<br /> • � .; without l.enderti rtoF wriltcn consent.L en dcr�nu ,.it its a :iaR,r uire i�n�e dia te a ment in I'uq af all sums cecured ; , ' ;-a_`
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<br /> ' ``'� thic a tion shall nal be�cerciccd b Lcnder if exercise+c rohihited h federal law as of i . �+-..�s�=:`=�-
<br /> ', • t_� this Securlty Instiur,�ent. Huwever. p , y p Y .
<br /> .. "' ''�Ly the date of thicSea:rity Inatrument. • . '
<br /> '• '�'`'J, '�'���'�-r'''�-�s:Y � If 1.Ct�der exCtt't.ses th't4 opt'ton.LenQer sh.dt givc gorrau�r noiice oP urcelcrs►ti�m. The nutice�hall provide a perial nf F�: . .- •.
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<br />�:;; '��.�'�• � � not les.s than 3Ud�ys fiom ihc dutc Ihc noticc is delivemJ oc cnaited wilhin whtch porrawer muxt Qay idl�ums securcd by thia . � , �
<br /> ;'F"'-`_' ���'`- ' Securit ins�rument. If Borcower Pails to u these sums ior w thc.cx lrution ut this ri�x1.l.cnJcr n�u invukc An ` • •
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<br /> � '' . � . ' rcmedies permilte�6y tbic Sccurity Instrumen�without funher naticc<�r demand on Bnrrowcr. i
<br /> � • - ' ' ' 18. Horrowee's ItiRht fu Reinstate. li`Burrowcr mccts rcrts:rs,co�ditians, Barru�vcr shafl have thc right ti�have � ,%�
<br /> • - -- •� - enforcemcnt of this Security tnsttu�nent�liswnEinued ut any time pdor in 1l�e t:ariier a(: fa�,5 eiay�(ur huch uther pesiod�.ti ,�
<br /> `� , :;[."��,, '- Siagk Farttity-•Vannk(►taetireddie!1fa�t�tM'ORAt fN5'iRUME:M1"P-•ihllLUm C�wa�atuv 919(1 (pe«4 i�f/np���;��.sJ • '% �
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