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<br /> �.` ' � puy►ucntH mn�r nn lun�ot bn required,nt litn upUntt��t'1 vndur.if tnprt�ng�I�nuran���+�vernge(!n the nmauut nnd i'ar thc prritxl
<br /> _ �'. --- -- --� thot l.cndur rcqui�'Cw)p�►vidCd bV cnt insumP oppm�+Od b�+ tsn�la�auuin hccomr+uvnilu�fe:►ncl ir��ta4ne�1. t3unrwc�r gluell paY
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<br /> the premiumti�uia�!tu muintnin mart�ana im,ur:�fi�;a{rt et�r.�t,ar s��prct�lde a lo�.q rescrve.�m�li tl,e ee,{uirenunt for numB�C
<br /> - � �. in�urancc and�:in ucc��ednnrc with nny w�lnun u�{momc+nt bc�twcrn Som�wcr cuui l.cnder ur upplicubic Inw,
<br /> � 9. Inapectt��n.l..endur ur!ta i�pant m�y mnko rcuKam�hlu cntriGy u}x�n ai�d inspcctinnw ut tt�e Pr�ipetiy. lxndcr ehuil glve
<br /> `�;"�,,; Borr�xvcr notic�c ut thr tinta of or prinr tu an in►,rr•od�m spccil'yinp rr:asonnblr cuu.r•c fo�tho in�pecti�n.
<br /> .. ,,;.�� 10. 4midemnntdnn. 'fhu pr�ceada��f nny uwuni ur claim far duma�es, dircct ��r eunscqucnQal. M rannecdnn wi�h nny
<br /> " 't randemniiti��n nr utl�ur tul;in�uf uny pa���I'tUa Pix�{u�rty.��r fi�r ramcyunce in lieu ol'cundemnmion. t►ro hercby nryiyned iuul
<br /> * �.; shall 6c patJ to Lend�+�.
<br /> . � In thu evem af n a�tnl ti�kin�nf thu Nro�+crty,tha pirHe�Kia shnil be upplicJ tu the sumY scrurctil by thiy Security In`t�ument,
<br /> ' whcther or nut thQn duu, witit anN vx�oss paid!o Bi�rrow�r• In tliv event of u p�ni�l t�kin�of tt►e Pmperty in which the t'uir
<br /> � '', .'.,� '� ;+u� mnrkct vuluo uf tho Propetty imtn�lintGty twf��re the tnking ly equnl to ar�ceatcr th�n the iui�ount oi'the sum9 secured by thix
<br /> , ,;,: ; � . � �ur}tv[nntrument immocliutUly Nufuro tho t:►king.unles9 8am►wcr iind l.emter athenvisc u�rcc in writing. the hums sccum.�f by
<br /> �a,,:•' ,' `•' (his Scrurity InstrumRnt slu►11 bn �edur.ed by thc nmount af tho proccecls n�ulti�tied by thc fnllawing 1'rWcdon (o) tho tatnl
<br /> '-` "'���'` ` , knvi�n� nf tho numa s�curcd immtxliutah� bofara the tuking.divid�d by (b) thr tulr nuuket vuiva af tho P�vperty immediately
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<br /> �, �.'� '������� befuar LLw tulcing. Any bulnnca shntt bc pnid to eurn�wcr. In the cvrnt i►i' u pnnial tnlcing of tho Property in whirh thc fuir
<br /> � �;�_._;� •'�r;�'•' murkcl v�lu+:of tha Pnuperty immtdlnt�.�t+Imfam tho talcin�is lesc than thc amnunt�►f Ihc nums secund immodiately bctinc thc
<br /> "=•k��" '�" taking, unless&�rro�v�or�nd t,ender�Hhcv��i.�cU3r�e in writing or unless upplicnble law othenvlso pruvides,thc proGecds rhall
<br /> r;,'�,";�; �;`�;'� De upplicxl to tho sume t.ecut�l by thi�Se��urky Inetnt�neait whei�tcr ur not the ymn.v aro thcn duo.
<br /> �i'•°�"•��' If tho Pmperty is abandunud bp iiorro�ver,ar if,ailur nutii�by l.endcr tc�Gc�rrnwer thut�he cundemr��r offerw to inako un
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<br /> .f.;`�"�;':,!��;, owiud ur�+ettio u cluim fAr diimn�{ns. iion�awe� fuile+to resparxi W I.cndor ���ith��n 30 days t�ftcr the date ¢ha natiro is given,
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<br /> 4,� 4,,ir..�•�W l.cndor if�m�th��riziscl.to collect and upply tha pracueds,ut Its uptinn.either to msiorntion or�r�air of tho Nropert�•or to F s�my
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<br /> � � ,` ����;;��;��; sccumai by thlt�Sccurlt�lnstcuinesu,whether ar nat then due.
<br /> . � +� Unless I.e�teior EJ�J� ticu�rrawer othorwise �gn� in wrfdng. any appliaoti��n af ptaceeds ta princlpnl hhnll not extrnd ar
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<br /> � ,t,'t^'�„r• postpone th�dua datN v�r�aa man�hly puyments�rfcrred ta in puragrophs I and 2 r�r chan�c the amaunt af yuch pAyment9.
<br /> '�'��5�i';� il.It++tvvti��er fR�ti 9teleusedi i�brbcurance By l.ender Nat n Wniver. i�xte:nsion af the dmo far puyment or modiilcution
<br /> ���F��-, � '��{• af tunortirutit►n�af tho cums secural by thi9 Security instrument grunted by l.cndcr to iiny successar in intenst of Borr�wer shall
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<br /> ''`''���E;�.' 4 nat op�:rnto ta roicust:c�e liabiliry af tho nriginal BoROwer ar Barrawer's successur�in intcrest. Lcnder shall not ba required to
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<br /> �� p'�:« '^ � cammenoo pracecdin���a�nst uny sueeessor in incemst or re�so t��xtarxi�3r�fo�Pay�s=ar sutses�lsa sn�d44'y amQrt-�l�c+�
<br /> ; oY the sums secured by thiN Secudty Instrumont by m,uson �if Any demnnd mudo by the arigincd �aaower or Burroaer's
<br /> ; Rucxessan+in intcrest. Any forbcarance by l.endor in oaerclsinB any �ight ��r mmedy ahall nat bo u waiver nf ar precludu thu
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<br /> _ oaot�iso af•anY rigfic or�r�ir.
<br /> �1' IZ.�uoces�ors und As.4lgru� 1Be�a�m�s Jofnt nr+d 4overal 4lubitity; Cowignen,. 7'610 �wvenantA and egccrmont� af s1�ia
<br /> _ , Securily Instcument sh�il b9nd and bonefit tho succossara und assipnA af l.cnder i+nd Bono�ver. subjcct to tho provivion.v of
<br /> - ' ptua�rAph 17, fturra�tiea•'s covon�uitA �nd agreemente �hull bo Jaint and Rcvernl. Any Rarrower who ca-slgna thie Securiry
<br />- ! Inst�ument but daes n�s Nnecute thc Nuto: (n) is co-sia�ins thin Security Ia�Strumont anly ta mort�ago, 6cant and canvoy thut
<br /> - � Borrowor's intorest in ehe psnport�c+�:d�r th�termq af thie S�curiay ia�vt�+mont; (b) ia nat pprsonally obligated to ppy chv Run�.9
<br /> -" �ecured by thie 5ccuriry dmsirument;und(r)ugrces that l.endcr u�rci uny.othor 8arrawer may ngree ta exten�i,madlfy,forbcAr or
<br /> _�;.�" � mttko any accammadateons with rcgurd ta thu tcrma af thiA Secueiry inAtnum4nt�►r thv Nata withaut that 8aerawvr's aans�nt.
<br /> '-` � 13.lwfan Churges. If the loan�ecu�ed by thia Sccurtty Insteumont is subject to a law which set�mzucimum lonn�hnrge.g.
<br /> nnd that luw is flnally interpreted Ra that the lntc�cst ar othor Icv�n churges callectcd or ta Ne callectod in�annoction wlth tho
<br /> loan excced the pem�itted UmitA.then: (a)any such loan chur�e 4�u��bo reduccd by tho wnount necessary to recluce tho churgo
<br /> _ ta tho pormitted limit;and(b)uny aums alrcndy collected imm Barrawer which excee�led permitted Iimits will bo refimded ta
<br /> � 8orrawcr. l.endcr mny chaose ta mnkv thiq retlmd by rcducin� tho principal awed under thv Natc ar by makin� u dire�t
<br /> payment ta Aarrawer, If t� roFund �educes principul, iho reductian w11t be treated as a partial prep�Yment withaut any
<br /> prcpnyment chargo under thc Mata.
<br /> '=}`• ' 14.N�eticcw.Any nodco ta liurrower provided Yor ln thir�Socurity Instrunient shall bn givon by delivering it ar by Qtmiling
<br /> ,� it by fir�t class mail unless nppUcable Isw requlres usa of another methad. The nodco s{�atl mu dirccted to tho Property Address
<br /> �y: � or nny other Addreas Barruwcr desisnates by natica to Lendor. Any natice ta l.ender ahall bo given by fl�s+t rinss muil ta
<br /> � l.under'�add�ess su►te�l herein ar sny athar udd�ess Londer dcaigr�ntes by nutiue to�arruwer, Any naticv pravided for in thie
<br /> -��' Scrurriy lnstrumcnt ehall be decmed ta hnvo troen givcn ta Banowe�ar Lendcr when given As pruvided in this parngrnph.
<br /> `�� 1S.Coverning l.nw; Seversitt�9lry. Thla Security lnsuwnent shall be gavcrncd by federul Inw and tho law af tho
<br /> - � juduliction in which tho Propany is lacatad. In tho event that a�y provistan ar cluut:c of thie Sccurity ]nstrument or the IVata
<br /> canflicte with npplicubio law,suoh conflict shall nat ufPact athur proviaian9 uf thiA SeCarlty Instrumant ar th0 Nato which cun bo
<br /> ± � given effect without thu canflicting proviaion. Tn thie ertd thu provisions af.lhia�S�:curity insttumont 2nd Zhu Nota are declarod
<br /> ;�•_.__._� —` -
<br /> - - IO�10 SSCYCTIt�1�0.
<br /> ,�,!T 16.Borrower•b Copy.Banawor shult ba given ano conforma!copy of tho Nato und of thie Secudty In�tnimcnt.
<br /> i{,�. ; Form s+T23 9i80
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