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<br /> _. <._, paym�ts may no tongra be�ed,at the option of I�der,if e fnsuiance oav m o _
<br /> tAat L�ade�tequires)Pmvitted bY sn i�e*eppmved by Leader�ia becomes availabte and is obtained.Burcaw�sLa31 pay me
<br /> -. . '�: preniivms cequiced Us maintain ma�tga8e insa�aaae in effer.t.or tn ls�ov3de a losv rese�vc.unt�the re9naemeut f�maitgage '-:
<br /> '; .. . ,; ias�uaaoe en�s ut a�d�►ce wub auy aritt��greemnent 6eiweea Bflrmwa an�Lender or appiicabie Iaw. . "<:'
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<br />.,. .���"'°-' 9.inspectian. L,eader or.its ageat may make reamnaDls eotries apon and insp�tons of the Pcope�cy.Leader sbsii�give -
<br /> r � Bosmwer notioe aa the tbme of or prior m an inspecaaa speafqIDS�onable cause foz ths msgection. .
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<br /> lO.Cande�aetEnn. '14ie pmoeeds of�y sward oi ciam�far dama8cs,direct ar conseaiuential.m.ao�°n with.any :
<br /> � , • oonde�naadan ar otAer ta�g o�m�Y Dart of the Rupraty►OT fiH OODVCyeIIOC iD 1ie11 of GoIIdP�12ti0a ffie�b3��8�� �y��r�;
<br /> , shaU be paid w l.eader =
<br /> ,. In the eveat af a mtai takiag of the Prop�tS►.the pcaceads sLaD ise sppIie�m ehe smms se�ed by this Securiry Instmmem. V
<br /> ::`�'.°°:' whrther or not thet+due.wah anY excess pa�d W Scamvr�r.Iu the event of a Qama1 t�ng�f t�e P�oA�Y ro.whidi�e€�r.ii�Cet
<br /> �'�.�� value of the Pmprsty imAtediatclY befotc ft�e taking�equal w ar gceasei than the asonnt of t�e smas�dy��7► :_
<br /> ' r . �t mmn�iatety before the r�ag,antess�I#a�w�aad Lead�otherwis�agcee ia arrit�ng, tttte��enued by dus _ _
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<br /> ..��s:. ' geqairy�nsffumeat sha116e reduoed tiy the�osuitq��ie praceeds mnttiplied by die follovring fiaction:(a)t�e total amo�mt of
<br /> . ;�.;.:`;.;,�• = Uefore 6te -
<br /> ' `�',�• . , the fair m�t va2ne of s5e Pmperty�t�Y �
<br /> '>:. the smns seGUSd immediaiety befa�v t�e t�g,��1►(B}.. . -
<br /> ��: { �g.qny 62Iaac�shaII 6e Paid t�H�aw�ta d1e�att of a g�ial takmg of t�e Pm�tY ia which t�e fac��a�r�et vat�of the -
<br /> .' '. ; ptopemr imme�iately betore dte ta�m8 is 1�S t�'ffie amuartt of the snmr�.secared fmmediaielY befa�e d��8•�� . :
<br /> ` . t� sh21I be agpl�ed ta the ,...� �
<br /> . � . . Bmmwer and Latder athernrise agree in wz�a$qc'�s appti�bte�aw rnheciui�e pQOVides. p�s ^c.<<
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<br /> � .�:.� ' s�uas seaueil by fhis S�tyr tns�t w8elhra��ot the�d�Uteai du� � ::;.,,;��; -.
<br /> .. If the Prapeaty is abandaned by�oaawer.or if.aft��try Le�der w Boaawea that the caademaor offeis m:mak�� � - �,_
<br /> awaN or settle a claua far damages.Borcawer fa�s:ca r�m�t��ad�withm 30 days aft�a the dare the aotioe is giv�n,t.�d� , _-
<br /> "'t is authrnl7ed tu�coll�t m�d�apply ti�e praceeds.��=�Aa�A.�►ei tn resiwaiion or repanr of fhe Prope,rty ar m the su�is e¢�d . :_
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<br /> :;,=:.�'`` � by this Se�nriry insuu�t,whrth�c+e�s�atihe�e�.: . _ --
<br /> y:;,�{ - Un2ess LRadea��oaowec���'��.�Y aPP�°f�°�f°��sbaUnot extend oi postpone .
<br /> '`u t��4,�-.' the due daie of the monthty paymeu7s�tmi�s��s L rmd 2 or d�ange the amnant�sucL paym�ts.
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<br /> '� K..� �..: , ..' il.Barrowexnot�.����d���i9aiver. F.xteasion of.�ti�ne for`paymeat or madifcca�ion � _
<br /> of amoatiaatian of t��ms se�au�&�9 t�is Sc��:C�ame�gcanted by L�to sny suo�or in.mt�est of BaAOw�sbaU '_-
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<br /> , ;' , �� '' not operate to�t�e IiabiHty of the arigmaY 13armwer ar Bouowe�s s�.��ara 6►intarest.Le�d��not be�q�ed tu = .
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<br /> cammeatce p�oceedin8s�sc anY sacc�m in inteaest or�ae w extend time f�payme,nt ar othe�wi��Y aino�r�iation of ��_-
<br /> :�,�;:;ut�;:�'.':,`.�:'_ ,��: the s�es Seaued bY th�s Secucic5►Insaament by reason of attY:d�mad made by the arig�4 l3�row�r q�'1��rrawea's sn� �., -
<br /> � ?', k fo�braranoe by 1raMa in eaen�g anY r�!��medY shall not be a wai�iar�+npz�i�e the ex��f m►Y �.
<br /> t;�;� ;� in ini�AaY � -, �. .� ���:
<br /> rigMmrremedy. �`
<br /> . . lE.Snos�sors end AssIgas Bound;doint t�nd Several i.tAbi�ty:Co�igQEers.'Ihe cav�. ��,?�ents of Sris
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<br /> ',�r;�`..;`�.;�.� .���'1 Seauih+I�nwt shali ba�d and benef'it tb�suoc�ors and a�s.ddgns of Leada and Ba�,�.�i'�.�the provi�ons of �;_
<br /> . %a���F� ., .,. -� b 17. Bonow�'s cave�ants and agn�anentv sha11 be Joint and sevaal. Aay l��ei who ro�signs tbis S�carity ' -
<br /> �,,�„�,,Y{� t and canvey that ���
<br /> � �� Insan�menl bnt daes not�ecaite the Nota (e)is w-��tLis Se�tiry Insntun�t antY,p��nort�e�8�•� e. .
<br /> �''��t ': gaicow�'s inter�sc�die Pmp�ty undea the tams of ehis Secaciry lastrmneax(b)is not pi7sonauy ubli�te�cn pay tha snms ��
<br /> . .`., secmpd by this Sec�tiry fastrameufi aud(c)agaees that Lender and any other Bormwea ma71 agree to ext�d,modifY.foibeat ar 4::
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<br /> amke ai►!►a�commodatians wid�rega�d ro We tams of this Securi►Y Insunme�ni or the Note withont d�at Bomawa's ooasen� �`,'-
<br /> � ]3.L�an C�g�. tf�he to�secuned by�his Sec�ry Iastr�sm�,i�s svbjeec w a taw w1uc�s�mmdmmn Ioan ct�arges. �.`:
<br /> •,_��.1.�. •�: �d tt�a 1aw�S fmalty�noeapretrA so tt�at tfle�at�est ar other I�s chmrges coltected a to b�aol2ected in connect�on vlitq the Ioan � _
<br /> excee�.�e pamiued fimim.then:(a)any snch Ioaa c6arge sis�6 b3 r�nced by the amauar arecess�Y m reduoe the ct�ta the �'�__
<br /> .. ..�� ,.``; . p�b limix and(6)snY sams alreadY collecied fram B,a.r�sy�wUich exc�edea pemuu8d liraits w�)be:efaade�w Bomower. �:_ .
<br />- . . . � Lendea maY choose ro mak�e this refund by red�&d���1 owed under d�e Note or by mz�g a daect paymc�t to �:�: _
<br /> •� �, eae aithout sn «n cGar88 -
<br /> :"� Bcumwer. U a refund reduces principal.the red�an w�:�e treated ag a panial PrepaYYp Y pr�n°
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<br /> nnQt�s�Note. �¢nt shall S7e �w b delivermg it or by mat'ling it . .�,��::�
<br /> ,::���i41�.•�,': ;.:; � �.��.!�oti�a. My aotice to Sutrower pmvi��ar ln tfii��eaaitY. � Y :
<br /> . ���. �of anoi��methad.7i�x�tice shall be directed w the Pcoperty Addr�s or , ',-•
<br /> �.�. . :r bl►�rst c2a�s mail u1�.ss ePPlicabie 1aw tequiccs.� .
<br /> �; � any�osner address�'�vrmwer designates Dy no;;�°t��l,ender.Aay aotikce w�+�r sha11 be giveA by fiist class mail to Lenda's ,
<br /> ;�;'��;,�..: i addresa staied t�rean or any ather address Lr��er idesi�iatcs bY no�ce to Bartower.Any notice provi�d for�a t1�is Se�vriry :1:�:
<br /> �cr;-•'�:� �- . ovided�s tf�u�az".,�h. :•, :�_
<br /> � i Tnsan�ait shaU be Beaned W l�ve beeu Siv+en ro Bormwea a�t►�dea wh�,giva�av pr �.. ,
<br /> ,�:'� .. �.`° � 19.Gmvemtag Law:Sev��ty'• 7��Secwiry I�snr� �1'be govemed by fedaat iaw �d the law of the �
<br /> 4cctian in vvhi��the Pmpacty�a locate�.F.rn dae eve,at�.anY Pmvlsi�n m clamse of this Socatity Ins�mmeat or dce Natc tk,� -
<br /> - . ;.. i. I� otthis Securi �nstsumentor thoNote ahic6 can 6e �:�:�.�="?.
<br /> ,',; ' � conflbets with a�y�i te law�saeh confti�s�,n.�i af�eG od�er avvL�nns �Y �.��` ::
<br /> ,�,c�;. f giveu eifeca wishrx�:�e eanflictiag provls�.'f3��:�se end the Drovistons of W1+Seauity Inswme�t aad the Hote are declared w :
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<br /> a Form$028 9/80
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