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<br /> . ." conddm�tion o[�dl�er tatiea of 71ny pMet Of tpe Pn�xRYror fOr ca1Ye}�ICe in lieu of conde�atioe.a�hec�ebY usigoed and - • �
<br /> alnll be piid w l.eeder. , . . ° .
<br /> In the ere�t of��on!tai�g of tl�e PtopeRy.We.pioeeeds a6al) be apQliod to the sutessecuiad tiy�thic Socuriry , -
<br /> � Insmm�ea��whedkr a not t�ee due:with any excess p�id to BoRqwer. In tbe exent of a�taEing oP th�H�ope�ty in
<br /> , . <whic6 the fant m�ket vatne of the Ptopetty immodi�teiy befo�tlie°alcing is cqual to or grcater thu�the amount of tGe swns, �
<br /> ' �a�ed t,y Mis Securhy L�stcument irt�cdiately hefor�c the t�iciug.unless 8orrawer and l�ender otixrv►tise ag�oe m wrifing. ,
<br /> � � tbe siuns secaeed by this Sccuriiy Iasaument shaU be nduced by the amount of thr procads muitiplied hy`ihe fottowing ` �
<br /> fractioir. (a)the wat amount of the sums soc�u+ed immediately 6eforc the t�tcieg,divided by(b)the f�ir maricei value of Me
<br /> Ptaperty imme�ueiy beFae ti�e�ing. MY b�tanoe shait 6�p�id to Hortower. In the evrnt of a putiat taking of tUe ,
<br /> �bnpe�ty in which d�e fair martcet.vatae.af d�e.Fmpetty immediatety#scfae the taking is tess th�rE tl��etnet of.the sums• -
<br /> saured immodia�ety 6efocr tLe t�kin�unkss Bormwer aM lee�der ottrcnvise agcea in writing or mikss�licabk taw _
<br /> af�er�wisr pcovides,tl�e prucads s6ail be apptied to tAe suei�socu�by this Securiry Iaswment whethe�oc not tGc s�ums a�re .
<br /> . ttien due. •
<br /> !f t6e PtoExtty is ab�ndoned Hy Bomawer.or i€,af[er notice 6y Lender to Bortower thu the coademaoc offers to make
<br /> ao awacd or sectk a claim for damages,Bamawa fails to�d w Lerdes within 30 days aftu the due the notice is given.
<br /> l.ender is aud�orized to coll,ect and�ppty tt�e p�oceeds,at it�optiab eQthcr to restaratia�or npair of thc Roperty or to t6e
<br /> swas 3ecmed by dds Sen�rity instrumen�.whetherornvt tl�tdue. �ion oF to nci shali not eautd or
<br /> ,.Unkss Lender and Bartower otherwise ugtee itt writing. any apQl' P��' P� P�
<br /> postponc the due date of the monthlY paymerns nferrod to in p�agr�phs l ard 2 oc ehange the amount of such psymeats.
<br /> 11.'aarl'owa Not 1teld�.d:�Farbeua�ce By Le�der Not a N►atver. E�ctension af tht tia�e for payment or
<br /> � madification of anwrti7arion of tIx sums socured by this Securiiy.L�suument granted by Lender to any successor in interest �
<br /> of Aormarer shalt qot operdte to rekase the liability of the original Botrower or Bomnwer's•succ,essars�inte�st.k,tnder
<br /> � shall not be�►uind tn commence pracadin�s against an9 successor in interest or eefase to extend time far payment or
<br /> ottkrwi.se madify�nochzatia�of the sums�by this Savriry Inswment by teason af any danand q�ade bY 11�e ai8inal �
<br /> ` Bonowa or Barower's sufcessacs in interest. My for6earance by E.ender in exeocising any nghc oF remedy sf�all not be a
<br /> ' • waiver of or prcctude the euec�ise of any right or remedy. Tt�e cavenarus and agae�a�ents oF tbis •-
<br /> 12. S�ec�sors ad A.s�t Baasd:Joi�t and Seqer�l Lisbility;C,a-s�^s._ .
<br /> Security Ins�ammt shalt bind and 6enefit the`successas and assigns of l.ender and Borrnwer,subject to the provisions of
<br /> paragrapl� 17.Noc�ower's covenants and ag�eements sha116e joi�a�several.My Borrower wfia ca-signs this Security
<br /> - (nstiunxnt but a9nes qot eaewte the Note: (a)is Co-signic�g this Security instrument only w mo�,gtant and canvey that
<br />_ $aiawec's a�'st m the ptuperty.wder tt�e tet�ts af this Security Instrument; (b)is not personaliy o6bgaud to pay the sums
<br /> secured by this Sec�uity Ins�umen�and(c)agrees that Ixnder and an}r other Borrow er may agree to extea�mocLt}r.forbear
<br /> _° oc makF any accommodaaons with cegard to the tertns of this Securiry Instrument or tde Note wiWant that Barrower's
<br /> - • cansent.
<br /> - , �3, I,an Cl�rges. If the[oan secured by thi�Security Instrument is subject to a law which sets maxttnum loan
<br /> - ' • charges.and that law is finally interpreted so that the interest or other loan charges collected or to be rnilectcd in connection
<br />= with tt�e loan exca.d the pertnittul limits.then: (a)any sitch loan charge shatl be reduced by the amount necessary to reduce
<br />;� .the cha�ge to the pem�itted lim�x and(b)a�►y sums atready coltected from Bormwer vvhich ezceeded permitted timats wiA be
<br /> - cefunded to Bomnwer. Lender may chaose to make this rzfund by c�educing the principa[owed under the Note or b}making a
<br /> '-� d'enet paymdnt to Bocrower. if a refund reduces principal.the reduction vinll be meated a5 a partial prepayment without any
<br /> ����%w prepayrt�ent ctsacge under the Note.
<br /> -, la. Not"x� Any aotice to Horrower pr+uvided for in this Security Instrument shall be given by delivering it or by
<br /> mailing it by first class mail anless applicable!aw requices u�e of anot3�er method.74�e notice shall be directed to the Property
<br />- Addrcsg or any other address Bo�rower designates by notice to Lxnder. Any notice to Lendec shail be given by fust ctass
<br /> mai!to Lender's address stated herein or any other addc�s I.ender designates by notice to Barrower. Any aotice provided for -
<br /> in this Security (nstrument sha116e deemed to have been given to Barrower or Lender when given as provided in this
<br /> �l5 Govern(ng LAW;Severability. Thu 5ecurity Instrument shall be govemed by federaS E�w and the law of thc
<br /> _ i-��-isdietion in which the Property is located. ln the event that any pravisian or dause of this Security instrument os the Note
<br />- canflicts with applicable larr,such conflict shall not affecc ather provisions of this Security Instrument or the Ne�:e�+hich can
<br /> be given effect without the conflicting pravisian. To this end the provisions of this Security Instrument and t;`e Nate are
<br /> �,�. � dectared to be severabls.
<br />"t''::'` 16. Barrowe�'a Capy. BaRawer shaU be given one confotmed copy of the Note and of this Security Instrumen�
<br /> "�'''`�" 17. 7lransfer ot the I�raperty or a Beneflclal Interext in Borrower. If all or any par[of the Propeny or any interest in
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<br /> it is sold or transferred fo*rf a beneficial interest in Borrawer is sold or tsansferred and Borrower is not a natural person)
<br /> � - without Lender's•prior writ�.�,n ronsent,l.ender may.at i�s option.requirc immediate payment in ful!of al!�ums:;ecured by
<br /> - this Security lnstrument. Howevert this aption shall not be exercised by Lender if exercise i�prohi0ited by federal law as of�
<br /> — � the date of this Security Instrumen�
<br /> If l.ender exercises this option.lxr.c�r shall give Barrower natire of acceleration. The nrnice chall provide a period of
<br /> - not le�s than 3b days from thc date the no.s"re is delivered or mailed within which Borrower muct pay all sums�ecured by this
<br />- Security lnstrument If�rrower failr ta ps►y thece s:,'ms prior to thc expiration af Ihis period. Lender may invake any
<br /> � remedies permitted by thit S:curity Instrumene witho�:f:.�rther no�ice ar demand on Liorrawer.
<br /> " s� 18. Borrower s Right to Reinstate. IF BpTfA'Lt��t mcets ccnain conditio��. Borrawer shall have the r.ght to havc
<br /> - -- --` enforcement of this Security last:u�nent discantinued at any time prior to ihc caffi�~t of: ta�5 days(or such mher period as
<br /> 5inglc Wamity--iannk!1tad�'rsQdie�1x G�IFY)RN IrtiTRI'�if:�T--Uniform Corcnan�, 9l90 rau,ee a„Jh puge�l
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