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<br /> � �a���i��7'P!K���Y•or ia canveyaiioe in IieY of car�dem�tion.are 1�erebl►ats�irod a�d ' -
<br /> �116ep�idlo t�kr. � ' � ����ball be�applied to the sums secure� by this�a�rity "' '
<br /> ia thr e�eat of�s tdal t�kit�af 1he Prope�ty .
<br /> ` Imtn�neix,wbed�er or ial dra�due.w�ith any eac�ss piid ta 6°m�+"'e�. In the evdn oi a p�t�t t�Wn�of the E'toperty in�
<br /> . , which the fiv n�rtca va�e otd�Ptopc�t�r��diNetY 6efae thr taicing is eqwl to or grcater than the�rKwnt ot the suans .
<br /> `�b�r this Se¢ariry insttumem it�medu�ety bcfae tt�e taking.unkr.s Snrmwer a�i.ender athenvise agsite in wriein=:
<br /> ` �� s mutti ticQ by the fotbwin
<br /> - d�aaums savrcd t►Y this S�cunty Instrument shall be teduced 6y the�mount oi the proc�ed P g=
<br /> ��: {a)�he totat acnou�of the a�ms sccur�d immcdiakty bef°oe thc taking.divided by(bf the fair ma�lcet value af the`
<br /> - .-: -piop,eitF�immec�i�tely beffxe ttr�`t�fcing. Any balan�e sha116e paid to Borrowec. In thc evcnt of a pattia!takiag oi tlie - -
<br /> , ptoper�y i�wh�ch the fa�r marlcet vatuc of tlie Piropcttg immediatety;#xtae the tsking is tcss thsn�hc a�uat of t6e sums. :
<br /> � �ecwed unmedi�tety'before the t�ting,uakss Batawer anst L.ender-oUxrwise agt+ee in writing or.unkss applicabk law
<br /> - otheivvisc pmvides.the proceods stsalt be applied ca the swns secueed by this Securiry tnsaument whecher or aot the sums ue
<br /> 'then due.
<br /> Ii tlx PiropercY Lc ahndoned 6Y$arowa.ar if,after notice bY Lender to Barower�that the candemnor offers to m�ke . .
<br /> an swa�d ot seule s claim for dam�ges,8amwer fWs to respond w i.ender witdin 30 days aRer thc date the aotice'DUr mv� ,
<br /> • � Lender is w�o�z�to calloct�d apply EGe procceds.at its option,eitfier sa rsto�ation oc tepair of ihe A+npetty �
<br /> . . stuns securcd by tdis SaaricY In�vat�+it,whetlier oc tat diat due. .
<br /> Unkss 1.eM�er and Barmwer ottucwise agree in wri6ng,.any application of pmceeds ta principat shall mt extend ar
<br /> � . ' , po�popa the due date af the�nanhlY payrtients refernd w in paragcap6s 1 aad 2 or cGange the amount of such payments.
<br /> - 1!. DKr+swer Nd Rek�: Farbea�ce'$y i�esde� Not s Wa�ver. Factenswrt af the 6me fot payme� ac
<br /> modifiartion of amoctis�tion of the sumg socnced by.tlus Security Inctrumert granted by Lender m any sueocssor m intemt
<br /> �t'gomower shall not operue to nlease the liability of the original Borrower or Bor�wer's sucassars m inte�st-Lender
<br /> sl�il nat be nequinod w commence Praceedin8s agaunst any successor in interest or refuse to extend fiaae fa paymeM or
<br /> qberw,ise modify ainocti�n of thc swms secu�od by this Security instritment by teacat of any demand�ntade by the original
<br /> Bactnwa a Barawer's aucessocs in inte�st. AnY forbr.uance by Leades in exencising any right or mnedy shall rat 6e a
<br /> wuver of a peclude tt�e exeirist of any rig#�c or mnedY. .�������of this
<br /> ��. 12. SNOtei�as a�i�Ls�fi�,AFs.��d:]oi�t�atd Several LiaWlity;Co�e*� visions of
<br /> - :5�icy lnmvtnrnt shail��benefit the suceessocs,?n�acsigns of Lender and Barower,subjoct to t6e p�n "
<br /> p�ap1� 1T. BormwerTS o�ts and ag�eements sh�.�.be joint and several.Any Rormwer wha co-signs this Security
<br /> ;;.:�i,�uvment but does not exea:�ihe Note: Ea)is co-signi p this Security Instrument only to mortgage,grant and caivey that
<br /> ;. :$o�s+awer�s�rest in the Pt�ipraiy w�der ds�te�msof this�rity Insm�*n�ent; (b)is not personally obtigated to pay dte sums
<br /> " �xed Isy this Security Instannzr�enr.and(c)ag�ees ttiat L�s�er and an}!cr�i BoFrower may ag�e to extrnd,m�fy.forbeac
<br /> . ' " ae°,r.�alce any accemmodat��..�ith �egarA to the terms'e�z,his Secunc�•.Ii�strument_or tlu Note withont that aartower's
<br /> �, �ft. - ����::::..: ` • . :. .• ,�: � . �;:;•-::, ,
<br /> - 33 �,p�rj¢:� �s�e�loan secured Dy this Semr"sty Instrasn`ri�f is`sub.tGct to a law which sets maximum toan •
<br /> . •ct�arges.and d�scf:�--c�is�sp interpcpted so that the inte�?ar other taa�e�►.arges�bIfeaed or totie.00llecteA in connectian °-• ::.
<br /> 'witih�he losa es��ie pe�s::tted limits.then: (a)ar►Y suoSr�oan cftarge s1�aEt 6e ied�ced by tbe�i►t necessary to taduoe :� .
<br /> th�w-"'�argc to tlie�testi?i�e�i f."v.u��and(B)any sums alt�eady.���ected from Boirovver which exceeded"pertnitted limits will bc "` ,
<br /> �:sided to Bormwer. Ler�enay chaose to malce this ret�3 by reducins the prinap:h owed under the Note otby making a
<br /> dinect payment to Bo�rowei If a refund reduces principal.a]te reduction will be trea:��as a partial pn�+aYment without any
<br /> = prcpayment charge under the Note.
<br />.` — 14. Notices. Any notice ta Bortawer provided for in this Security Instrument shall be glven 6y delivering it or by
<br /> - mailing it by f�st clas.s mail unless applicable law requims use of another method.The notice shall be directed to the Pmperty
<br /> Addnss or any oti�er address Horrower designates by notice to Lender. Any notice to Lender shall be given by first class
<br /> - mai{to Lender's address stated herein a�:uiy other address l.ender designates by notice to Horrower. Any noticc provided far
<br /> in this Security instrument shall be deemed to have been�iven to Borrower or l.ender uhen given as provided tn this �
<br /> �. �1S�Coverains latw;S�werabilily. This Security lnstnsment shall 6e.govemed by feQetai law and the law of the
<br /> _ _ jurisdiction i�which ttie Property is laeated. In the event that any pravision ar clause of this Security Insuument or the Note
<br /> _-- conflicts with applicabto law.such conBict shati not affect other provi.ciaac of ihis Security lnotcument or the Note which can
<br /> - be given eifect withuut the cantlicting pravision. 'ib this end the pravi�ioas of this Security lnstmment and the Note are _
<br /> s; daclared to be severable. _
<br /> t;� '16. Borrmvtr's Capy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. .-
<br /> 17. 'll�nsfer of tht PraptHy or a Benetfc��lnterest in Borrower. If all ar any pan of the Propercy or any interest in
<br /> it is sold or trnnsferred(or if a beneficial enterest in Barrower is u�ld or transferred and Borrower is not a nawral person)
<br />_����- — wirfiaut l.endei's prior written consent,L.ender may,tit iGti option,reqaen:immediate�ayment in full of all sums secured by
<br /> - ihi�Security Insuumrnt. However.this optIon shall not be exercised by Lender i€e!ren:i�e ic prohibited by federal!aw ps of
<br /> -- iite date oE this Security Irrs�cxnent. ' �
<br /> if Lenb�exercises tluy option.Lender shall give Bbrrower noti�e,of acrrtcrari�a. '3'he notice s6a11 provide o period af, '.;':,.
<br /> ' nat tess thaq 3U days�'ratt tise date the notice is delivered or mailed within which Boirower must pay all sums secured by this . :.
<br />= Sccurity tnctrtjment. lf S�xrawer fpiGw to pay these sums prior ta the e�piratiort�f�hiw periad.Lcnder may invoke any =
<br /> remedies pennitted by this S�c:+irity lnstrument without further notice or demand on B�rrower. �
<br /> , 1&.Bosrarver's Itigfs�tu Reinstate._lf 9onoaer.rnects renain canditionv. t�'orrow•er .halt huve the ri�iit ta have
<br />- enfarcement of this Security Instrumem discdntinued ut�y timc priar to thc cadier af: fa15 day+iar sucb other�erioet:es _
<br /> { Sing�eF.imity••PaenkStx,'Freddkltxl'�If118111titiT81;�tE�T•-t`nifatnCu�cnant, 9/9� 1{ai.ceJr�fb�rnge�� .
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