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<br /> � � ' conde�m�tion a odicr t�kin�of+iM�Y P!R o�d�e Ptape�ty.`a�for oonveyaace in�eu of ���4�4u►7r,�ic�iercby assi�ed atld "�'°
<br /> � , shaUbepaidtoLende� . - ����:;':;�:;,:�.v�:::��.: ���:;.;-
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<br /> �`, . Iu tbe evsnt of a wtat.t�kinj of the�toperty. the poc[�eds sfuil be applied w�:s�i.'s:sccaiea by,t�l�s'S�C�Y
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<br /> Trouvmtnt.wlKdkY or aa tbeu due.wid�any eztYS�pMid to Basower. In the event of�pama'E_'t�tig_:Qf.dtC�Y"s
<br /> �afiich the fair m�cet riiue of tbe Phopetty immed��tbty before the taicing is eq�l to or gRaie;-��!��:aio�aunt a�tfx sums .
<br /> secured by this.Security Instruinenr imm�di�tely befo�c the t�Icing,uniess Borrower and Leizdec'�si�iiust agree in writing,
<br /> � dre sams secumd by this Security instrument shal!be nductd by the�nounc of the piocec�s�•3aulapTte�by d�e fofiawing` .
<br /> • �actioo: tp)tbe t�otal�a�ouas of t6e wins�eeuned immediauty hefore the t�king�divided D�'�3:??s�fasi�arkei�lue.of�he . —
<br /> piro�pMy imtnediately betixe 1he t�icitl�. Any�e shalt be paid to Botrower. In tht;�:v,e;rt.:sif$::patti�l,.. , ,.8
<br /> takin of the • '
<br /> — -
<br /> PcapettY in v�fiichtthe fs�r-m�zicet vaitie o€t��nopeity imtnedistel�-,bGforG th�_takiag-is.kss:�i;.�ie;a�wiT�o��lte sums . _.. . --- ------
<br /> - secured im�adi�ety-6eEae tbe takia�.unkss Bon+awtr and L�sder oti�erwise agree in.x�ituig�;`i�r:�tuttess apptie�able taw =
<br /> � � a�wiso prdvides,the pcocoeds st�U be�pplied to the wms secuied by tbis Securicy insw�ii.tvlyedt�r,or ndt:thegums ace = --
<br /> thea due. .. ,. . • .;: �:.• : .�`-.; �;�` ,. �<::r'.:'; ---
<br /> ' If tbe Propaty�is�wdoaed by Borruwer.o�tf.�fter nodoe by L,eades w Bormwa.;Ciac t'ts�.candennnw o�f�gamake ___�_
<br /> an award or seak a ct�im Por d�r�ages.Barower fails w mpad co Leader within 30 days afte�the date the aaace�is giveu, �__
<br /> -- t.ender Is�to coiEcct and appiy d�e proceeds,at its�ptian.either ta iestaration or.�epa�:of�ie A�+opatyr::oito the .• _ .--
<br /> = siuns secura�by tbis Sectuity Instrun�t,whether or not thm due. ;'-.;:.;:r'��''::;`. ' `, :,; .
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<br /> = Unlesa Leader snd Bomuwer aherwise agtae ia writing.any applicatian of pmceeds tp:g�nap.z�sball n:at;e�s,eud a � —
<br /> Pastpoac tbe due dua oE che mortchlY PaYments�fertd to in pua Phs�and 2 or.change�he a�ount o#'S�uch pa;�rfp�c�s.. : : -- --
<br /> 1L Borr�wer Nat Rek�d: �a�6�r�aot By I�nde� ot s Waiver. Bxtension �€thz t�me fof:.Pa�nr ar " . . - - �-
<br />'".�� modi�ication of amoRizatiao of the sums secu[td bg this Security Insuument granted by Lender'ta.'rury..successor�,uite�esc =;: �-�`-
<br /> _ of Barower sha8 nqt oper.�te to ceie�se the liabiiity of the arigmal Bo�rower or Borrowa's sucr?ssaas ir�iilterest�L�adet` :
<br /> �� -
<br /> shall not be requiml m comm�nce proceedings agaitist any successar i»interest or refuse to exte�n�:titne'for paytiient or ., -�-_
<br /> _ aberwise modify airturtizaaon of the sums securM by this Securiry Instn�ment by nawn of aay demati�t i����iy tfi��igznal _ � :_
<br /> - Bormwer ar Barrower�s successors in interest. Any forbearrnce by Lsnder in eacrcising any ogh�9F remeci�shalt ziot Uc a -_
<br /> - vraiver of or pc+ocludc the exercise of any dghc a�smedy. :. :: : �` -
<br /> - - 1Z. Succasors s�d Ass�rts Bo�d;loiut sad&veral6iabilityt Co-aisners. The covenantt�d�agreei�te�tts of this �!�-___
<br />-���, Securiry Jastrument shall bind and 6enefit the successas andas.signs of l.ender aad Borrower.s u i�j i�:ta�t f ie.pro�±isions o f _ . --__—
<br /> paragraph 17.B�mwer's covena�ts and agreements shall be Joint and sever.�l.Any Borrower wbo�ca3i�ns_this•Seeuriry :.: ��
<br />�,,� ; � Iasaument but does not execute the Note: ta)is co-s�gning this Securiry Instrument only to mortgag�:�nt.and canveg that ; �. , r=
<br /> .Bo�mwer s intenest in Ux�rn under the tertns of this Securi lnsuumen� I6)is aot rsonalt o62"'iire�rgpag=th;'�sums .� �`J�
<br /> '_�. PertY ty Pe Y_.?g,._ ��:cx±:+�°`:__-
<br /> . ' :�,;`: secund hy this Secarity Inmumen�and tc}agrees that I.ender and any aher Borrowei may agree toeicxen�;innd'�j%3arbear. �.. .,..... .:�:��r:�:,.�..:��
<br /> �s% a make any.xcommadations with tiegaN to the temts of this Security lnsmiment or the PIote w:.haut tTrat'Barr'awer's� ': .
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<br /> ' �.��;`��r 13. Laau CLarges. If the loan secared by this Security Insuument is subject to a law whiciY se3s ma�imucri Ioan•�:.�°:`: ��- �,;r;.. , ,,�
<br /> ' charges.and that law is fiaalty interpceted sv that the iaterest or other loan charges callected or to be colle�ed in�a�t�e.c[ion �°? �. �
<br />• j� ` with the lo�n excced the pemutted limits.then: ta)any such loan charge shall be reduced by the amaunt necess�.tai�e¢uec , M,: �:� :�
<br /> • ,:�. -`-thc thacge ta the pertnitted limit;and(b}any sums already collected from Borrawer which exceeded pem�itted limut�vVilt he . : Q��
<br /> . tefnnded to Borrower. Lenda may choose to make this refund by reducing the principal owed under the Note or by riiaici��..'���: : �r`?��_m-:''��.
<br /> :. direct payrnent to Borrower. If a refund reduces principal.the reduction wiN 6e treated a.g a partial prepayment anthotu astiy.:: .::' ;` �`'=r'�'t"�
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<br />� :%. �` " P�Yment charge under the Noce. . .- . .: - _.��
<br /> � . '. 14. Notices. Any notice to Boaower provided for in this Sccuriry Instrument shall be given hy deliverin�:iCor by , . ;;��;�
<br /> ' m a i}i n g i t b y f rs t cla�s mai l unless a p plicable!aw re quires use of another method.The notice shall be directed to the�mperty `;'-'�`<'-' "'�'� __
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<br /> ��` ` � � � Addiess or any other adds+ess Boaower designates by notice to Lender. Any nadce to I.ender shall be given by:firn class ��•i:�,'•�;� • :�
<br /> . '�'�d�i"� � mail to Ler�der's address stated herein or any othrr addres�i.ender dc�signutes by natice to 8oaower. Any notice provideB far . _
<br /> := r 'ar,;�� �. in this Security Instrument shall be deemed to have been given to Borrower or Leader when given as provided is �hu . `���. ! • �'r=:.-
<br /> . �•�,s�+i.�. h. t.,,- _ -_
<br />- � �Sp Govern Law; Severabili 7'his Securit Instrument shap be ovemed b federal law and the.law of the � '•���`: . --
<br /> inS tY• Y S Y � • ��.�:::�.:,.
<br /> � • jurisdiction in wlucb the Properry is located. 1n the event that any provisian or clause of chis Security Jnstrument oi ihe Nore '��:;r: .. _�, ,
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<br /> con fli c t s wi t h app l i c a b?e l aw,s a c h c o n i l i c t s h a l l n o t a f f e e t o c h e t prov isio n s of this 5ecuri ty Instrument or the Note whielt cati . 5;,,..,,;, r,-,�
<br /> _ � be given effeet without the conflicting provision. Ta this'end the provisions of this Security lnstrument and the Note are . ' �".�f�' , `;.fs,,,=_
<br /> �'=�` � declared to be severable. *�-`=.
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<br /> '�'tt "r'�. • 16. Borrower's Capy. Borrower shall be given one conformed copy of the Natc und of this Security Instn�ment. ��•_-
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<br />� • - �.Y.;f.' ; � ,. 17. TrAnster.otthe Property or a BeneDclal Interest in 8orrowea Ii all ar any part af�hc Property or any interest in j;�,•..;., ,. ,.•- =---
<br /> it is sold or aansfened{or if a bcneficial interest in Borrow•er is sotd or transfcrrcd and 9orrower is not a nutural personl , ;�";;%;�,::,• ., �
<br />•.����, �� :��' � without l.ender's priur written consent,Lender m�y.at its option.require immedi,�tc puyment in full of all sums securad by �k'��ry;.::;,�'..'•,.."•.;. _
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<br /> �y ; ,, this Securiry lnstrument. However,this option shall not be exercised by Lend�r iiexercisc i�prohibited by federal law as of • ;ss,: ;.;,,;; ,_ . ��.�-
<br /> ,. �;;. the date of this Securi Instrumen� . r4:`.,'�'' • '� �-��'
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<br /> ' ',t� ••, If Lender exercises this option.Lender shall give Bvrrower nodcc aF acrctcratic,n. Thc no�ire shsfl provide a periad of
<br /> ;..�.,.,,:
<br /> �•�I�''% � ; i.��.;•: not iRSa than 30 days from the date the notice is detivered or mailed within which Hurr�nccr mu�t pay ul!sums secured by this �`�~� <•::� . �
<br /> 1`� � - �'�" '�`�-� Secari�y Murument. lf Borrower fails to p�y these sums pdor to the expir,itiun nf tl�i�perind.l,cnder may invoke any �< '1;,�,.,,:,
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<br /> _.,,�. ., _ . rentedies permltted by this Security lnstrument without funher natice nr demand c�n I�orrower. ��, ��. '
<br /> ��:'�'• •'` 18. Borrower's Right to Relnstate. lf Borrower meets cenain conditic+n�. Burro«cr �hall have tt�e right to have ::;�' `. :
<br />_ ,_ .---�± '=t----_ __ eqfaceement of this Security lnstrumeRt discontinued at an}•time prior tu�he carlicr��t': I:u S d,�yv lor sucb other period as ?����' <- __" , _
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