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<br /> , .,,`.:.i'���,L Bortower c�y aue such a dafauft end refnstate. as provtded in paragsepA t0. by causing the actton or procee�ng W be ���,
<br /> ` .�.,,u 4 `' ..`.s
<br /> .�`- . ;.;,,� �? ;.` �smissed with a ru&ig tAat.a�L�defs good fa(Sh detemU�atlon.pmdudes taAeihrre ot the Bottowda trrtetest in the Prope�ly or �.'•';..:�•,
<br /> �,4-�, ti =i. oth�a►aterial lmpahmer�t aS tha Gcn Qeated by this Secw{2y UtsLUment ot Lender's sewrfty irt�est Bo¢row�sheD elso be in
<br /> � ' . - defauR 8 8arrawer,�tfng the toan aGA�P��HIIVe matetL�SY taise or inacarate Infortnadon cr slatemeMs to Lertdar foi
<br /> . . •:�,:� � faIIed to provlde Leider w� eny mffiaial tntom�attcn) fn connecGan wfth the (nan evidenced by the Not�Indud'ing. Eut not
<br /> �. .. . Grtdted ta represeAatIans cartc�ming BortowcYs aaupancy o9 the Properiy as a prindpaf �esid:nce. tt ths Seeutity ' :.���. .
<br /> �.'<.. .� ,;�;.�:' tnswment ts an o IPasehol4 8omowe►sha9 compiy with a0 the pro�Estons ot tha tease. If Bcsrower acqulres tee title to the , ..
<br /> ., �` . �P�1►•the trasehcld ead the fee tffie sAefl noi merge unfess Lende►a�ees t�the rrtetger�vait�� -°���`_
<br /> �`��«:�';. T.Pe�cQlan of tAedgr's RIg4�m t�tD�e Pro�rorty.n Borrower ta�s m pecorm ene�o�renanrs ana a�eemerts
<br /> . - ` eo�lned in tAls Seau[ly Instrums►t, or tl:era is a te�l Proceed'ufg ihat may sfigidftcanttyt eftect le�dm's�tS►rts in tAe Pt�perly
<br /> ' (such as a procee�ng in haNwptey,probate.tor eondannatron or tocfef0ire or to enfaros�ws or�e�+ia�ons),then Lender may
<br /> � � � do and pay tar whatev�ts neoesgeryr to proteet the vafue of tAe ProP�ft end 6enQer's rfghLS fn the ProD�Y. LFnder's a�dions •.F_�.
<br /> , fi�:.. . .�.J--��.°f may indude PaYm9 an)I sums secured by a Qen whieD has priartiY aY�this Seeutfty Iratrument. +aAP�9 in courG P�8 . .'
<br /> `'����y"fi,.,F."�-�- reasortabte attomeys tees and entm6ig on ihe PzoP�t ta make�a�s-ARhau�t�edg maY lake actian undr.r tA1s Para�aPn -..:
<br /> °:;� �',',`'�_�.<i 7.Lend�daes noi have to do so. .
<br /> , .. � Arty smourtts dishursed by Lendet under paragaph T shafl trecome adddional deht of Bortower s�4 tsy thia Seam"ry ��r
<br /> .,:.... .-: �
<br /> m i- ,' InstrmnwR Utdess Borrowet end Len�a�ee to offier terms ot payment.tltese amo�mts shail b�r mterest frOm th� date o1
<br /> °.�- x:` � �r<;�c�;".;::, d�fiasemsnt at the Note rate and shaD be payabie.wUb 6rt�,aAoo�oUoe hwn l�cder to Barrower re�est�ng paymerA.
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<br /> • " 8. t�OTbgti$8 lnSU�7tC0. N i.�dQr requhed moRga� instaanee ss a eandRton ot maidng the Iesn sewced 4y thEs .. �
<br /> � ���-r�5,'• Sequ�dy fnsdvmmt.Borrower shaD pay the prErnturns reqimed to ma(ntatn tAe mamsage fns�uance in eHed.t�tor arry reason.the '`"'.. :
<br /> . '' '' rrtortgage insuranee cav�age requhed by L�dv taapses or ceases to de irt efteck 6oerawer sha0 pay the��r�utred tn X-� �._.
<br /> ''' .,. 1�:.'.: obtain ooveraSe s+bstantiaC}►e4uivalert to the mort�ge ins+uanee D�evtousry(n eftec�at a cost s�slantYaQy e4uIVai�t to the t� ;.
<br />•;t�' ......::.:. . :.
<br /> ..,,,�::,:�:�;..:::.,�- cost to BoJraw�of tfie mortgage ins�sance pr�eviousty in etfect. Lom en ettemate mottg�a9e ins� 8?Proved 6Y Ler�der. tf
<br /> . ;,��t-..`f� substartl�LY�al�t mot�a9e�t�ance w+►eac3e is nat avaQable.Bormwer shall pay to L�der each trtorrth a s7an equat to
<br /> �r ��!�, d Bortowet when the tnsucartce cov�age Iapsed or teased to� �
<br /> �';:'f�;;�,'���._., ane-nvQlfth of the y�rly mor�qage inswance ptemium bem9 Pai 6l/ `.
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<br /> . ,.,.r'��,�si�;g ba i n d t ect L e r►de►w ID a a�y t use an d r e t a i n t h e s e p a y m e n t s e s a t oss reserve in Qeu uf in e r t�g e insurar�e� ioss�esenre �
<br /> ., , pay�nents may no Ionga be�u�.M,at the optlon of L�der.ff moRQage insurance cmrerage(in tho ammmt and tar the p�iod '.=
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<br /> : -..., . ; thai Le�nder.cequire.a)pmr[ded by an insur� approved by L�d�agahs be�mes avaiiable r�sd is ebtain� Borrower sha0 pay -
<br />-°'`'```' �':�'; •�'`.�'-6, the preniums requhed to maintain mortgags tnsurance in effed,or to provide a Ioss resenr�anU7 the requiremeni tar mort�ge �
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<br /> . . =:� insurm�ce etds tn aaaordatice wftA arry wrRten 8grean�tt belween Bortawa end lender 6r�fe�vr. ','i:�.
<br /> . � A t '��_,%:� 9. (�Oi�.Lender or iffi agart msy malce masanab{e entries upon and inspedfana ctr the PmpErty. Lender sha0 give
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<br /> ;a Y,:s�_� . Bortow�notice sE the Ume af or p�for to an tnspecdon specityMg rPasonahle cause far the inspecHon.
<br /> � �'���'� ,�;;;.. ;�,' 10. Conde�ffiion.The proceeds o1 any avrard or 6atm for damac�ZS.�eet or consequeri4�1.in conn�tlnn wlh any
<br /> eonQe�miallote or 4qsa:mtdng ot�►y part oi the Propary.or tor comeyance in lteu of candeamaUan, are hemby ass�gned ead �
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<br /> '~:Y_:.;,.'�._':`n?:'• shafl be paid Lo t.eii'.t�t_ �.�"�--
<br /> :','; '; : •.�'; tr� the �vFrrt ��a total taicing oi the Prop�ty. the praceeds sfiaU be aypQed to the sums seaued By Ws Seaafry r
<br /> - •r� . (nstrurRe�vrheUc�s or not then due.w�h arry eueess patd to Basrowa In the event of a parUai taidng of the Prap�ry tn vAiict� �«-_:
<br /> , `��":�,�'_`:. the Tab matket v�raf ffie Ptoperiy irmned�atety betwe the fafdr►g ts equal to or�er than the anwun� of the sums s�..,d �,,�<:
<br /> F by Ws Seald�jr A�mrneni immedlatety beto� the taking, un�ess Bormw�and Lender ot&mvdse a�ee in wtitlng, thQ su� .'. ��;
<br /> � � � � sec�ed by this�t-'y Insbument shaU be�aducr�si by the emount of the piaceeEs muttip�ied by the id[,andmr�b'acHon: (aj the
<br />_ r�• . ,::`�,Y- • mtal emmmt oT Utiti�.�uss secured fmme�ately�t�the taWng. d'ivtded bY lD)ihe fatr ma�i vatue of Il[�Bt�grty imme�atety ��: �rt� -.
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<br /> _;,'. ;�,;,.��,,.;Ys.��•.;. ' 68fore the taWng.ki;N.�A�ICe Sht�{6o pstd to$o1[owei.(n th0 eYer1!Ot e paztial t�Gtg cf tStt�6fi0p�y itt wtlleh 4he tSfr m9tket ,''• 'n .�
<br /> .•�, 1i�t`�` . value ot the Property�nmemat�g htare the taking is less than the amourrt ot the sums sr�sad immed�atery befara the taldng. ,. �,� °1
<br /> . unte5s Bormwer e,�3 A�ender oihc�.wEse agree in writtng or unless ap�Qeable Iaw oihetwise Wravtdes,the praeeeds sha0 be , � �-
<br /> _- .. " �t J ' appQed to the sum�Erewced by this Seacity tnstrumertt whether ar not the surtr�sre then dua �. � .
<br /> - " • ' 8 fha Prapeibj�Id�abandoned by Borrow�or if,after noftce by Lenda to Bortower that the condemnor ofters to make an ,___:
<br /> ` - sward or �ctttc a�atm fot damages. Borrower tatts to �sportd to Lende�witMn 30 days aRer the date the no9ce ts qtven. .. -
<br /> . L.estC�is a�Marized to eo4ect end aPPM the pmceeds.at Ita optlon. either to cesto�atton cf reAair ot the P►opeRy or m.tho `^��=
<br /> � suma sea�red by tNs Sec�rity Instrument,whether or nat then due. • � "_
<br /> . � �. . Uniess Lender and Borrower othemtse s�crs in wdUng, arry eppUcation of proce�s in prindpa! shaA not extei:� �or . t_ -
<br />- � �. .�`' , postpone the due date af the monthTy payments rd�sred to tn para�aphs 1 and 2 or chane,,�?t:a amount at such paymer�. ° '
<br /> � �� 11.Borrawer Not Released; For�aru�mco By Landmr Nat a Waiver.6Rens[on of 6te'�me for paym�mi or _
<br /> • mo�fteatlon ot emoNmUon of the sums secure�ti 1�thts Sewrity(nsCUment granted by I.�der to any successor in interest of - -.-.--
<br /> , ��,��.�:. ���. Bortowe sheD not o�erffie to reiease the fiebilily ot the odginal Boerower or Bomower's�teryssors tn interest.. Lend�sha0 not ' `_
<br /> �(���tp�°.�.� � be required to commenca procee�n� against erry sucoessor in inte�st or retuse tu cQr�s�d tlme for payment or othawi.se � F��•
<br /> . •'1�`r�r��1:{h$ �
<br /> }f1. ',i7�:�l;�.:.
<br /> �,,; m o d'd y a m o rt 3 z a t l o n o f t h e s u m s s e w r e d b y t h i s S e c u r i t y f n s tr u m e n t b y m a s o n o t a i y�m s n�m s de b y the od g i nai Borrawer or �;°=�°
<br />- • :• ,:'..... 8orrower's suceesso►s In Interaat. My for6Parance by Lender in exerdsinq.r�x��t zSc�tt or remedy sfiefl not he a weIver of or
<br /> . precluQe the exerdse of enY dght or remedy. . , • i�;_,_:_
<br /> � ,�''{ 92. Successors and Asslgns Boundp Joirn and Sover�L'Sab9lity; Co�ignare.The eovenar�ts and �_,-
<br /> at
<br /> �. ,i�.::�_..�
<br />- ' � eg�eemments of this Secaufly tr�sbumerrt shaA btnd end benefit the successors and assigns ot Lende►and Bortower.subject to the �.7��
<br /> . g ee
<br /> • . p�uhs.+ona of para�aph 17. Borrow�r's cevenaMs and ag�ean�at�sheD be jotn!and seu�eL My Bortower who co-st�s tnis
<br /> � � ` . . Secutfty Instrumerit but does not exacute the Note: (a)is ca�ig�ing thts Security Instrumart anry W mortgage,grant and acr.vey ,. �'.���w
<br /> � . . ,. that Bomav�er's tnter�t tn the Property under thfs terms af this Seaufy!Instrumcmt (b)is c�Ot peisotrel"�+ tLa`agatad to pay the • t-'"'.
<br />- • ''� • �' sums seaired by this Seau(ry InsWmer� asd (c)a�ee9 that Lender and arry other Borrawer may¢�ilusto eoden�mad�/. .�`_-� :
<br /> ., ,�h' : �.�: ' torbear or make arry accommada2tons with regard to the terms o1 this SeciuEty(nstrument cr the M11ote vYdJ�out that Borrower's - ',
<br /> � eonsent. .
<br /> ��;"�. i, ,. ;. .
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<br />_ .,,,r,�`{�;,.,,�.; � 13. Loe�1 Ch�ge�. tt the loan seaired by this Security Instrumcmt is subject co a law whlefi seb rtiaximum loan ;,`,,.
<br />-- charges,and that taw Is 5nsily interpreted so that tha h►terest or other toan charge.g coDecied ot to De coVected in connectlon �_�
<br /> � � � v/rti�the loan mceeed the pertnitted Omits,then: (a)any suet�toan charga strafl 6e reduced by the amount necessvyr to re�ce . '°"•_
<br /> __ . `�. ' _
<br /> - " � the charge to the pemdtted Cmi� and(b) ttny aume already coQ¢cted itam,Bortower whtcb exeeeEeO pemu�ted 6mits vl1A be �'���'�
<br /> � " ��� refunded to Borrovre�. Lender may choose to matce thls refund by reducing ti:e p�indpal owed unQer ihe Note or by maldng a '� '
<br /> . ...�.t?�ty°,. ,, , d'rnct payment to Borrovler. H a reltmd reduces pdncipal. th� �eduetion w�l be Veated es a partLil prepayment wiiftout arry "_
<br /> � � � prapaymerA charge under the Note. '
<br /> .' ' 14. NOttCe9.My noUce to Borrower provided for in this Secur(ty InsUUment shaU be given by deGv�ing it m by ma6vttg d '•'
<br />- .. � by fust ciass maD untos9 eppArsable!aw re�ires use o}another method. The noUce shall be directed te the Property Ad�ess �r';
<br /> ;�.,. .: �� ar any other eddress Borrower desi�atea 6y notico to Lende►. My noUce to LenQer shaD be gIven by fi+st dass mait to .;� s
<br />_- ,.:�,:•_•:=.: Lender's ad�stated herein or any other adQre3s Lender deslgnates by natice to Botrowet. My no8ce provtded far In this
<br /> y;.��'; . �� � � Seaudy tnstrument sha0 be deemed to have been ghren to Bomower or Lendv when ghren as provMed in this para�apfi. �
<br /> ' . . 15. Qo7►t)miRg LB.viv; SOVO►�lbilf4y. Thts Sec�aily lnstrumerrt shaD �e gnvanad by federai law and tAe law of the ,
<br /> � ' jurtsmction in which the Property is Iocated. In the event that arry D►ov�ston or dause ot this 3ecuriry tnstrument or the(Vate
<br /> � � confpeis w8h epA7eabte faw, suel�eonP.lct sha0 not alloet oiher provistons of this Seanity tnstrument or the Note vrhieA can be �
<br /> ::�.��:�-'. -� given eff�ct withoN the eon4icthfg pravision. To this end the provislons ot this�eouriry insWment and the Note sre dedared tn • .
<br />-- . • be sev¢rabte. ..
<br /> : , •.: 18. �OirOV�er'9 Copy.Bor►ower shaD be given one contormed copy of the Note and o1 thls Seeurity tnstrument
<br /> , . :' F1316.LM0 11�9� �a3e 3 of 5 ��I�! �� �
<br /> . ' . . . 97048 � .
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