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<br /> .�,� FaYmc�s maY no t�ngea be reqnued.at the aptiam of Lec�er.if a�osP�aage inscuauce oovec�ge('m the ammmt an�for t6e p�iad .:�:.
<br /> , ;,:;� :<< tAai Le�dc��eq�es)�uovidrd b3►�msiuPr BPpm�►ed 6Y I.eude8 ag�be�mes s��7ahle end is abtafaed.B�a aGalt pap H� '� -i
<br />.-' ,'• . Qaemiu�os�qzrired to mau►taia mn�tgaSe insmaaoe in effect.ot to�suvide a ios resr�vc,tmi�t6e Yeqa�pa3 for m�tgage
<br /> . mstuanoeeads in�dsncav�ith aay arriueua�reea�cut�evree�Bouower�d Leadaarapptica6leiaw.
<br /> � '_ 9 I�peetFua. LcIIdea ur its agent may ma�e r�easoaabl�entries apon aad'mspe�ions of the Ptopaty.Le�d�sf�aII give �
<br /> -•' , .�,..:- Bmtowauotiaeatthe dme af orpriaroo sn inspe�ion sgedfym�masanab2e cavse fartheiaspec�ion. � . .��
<br /> __ _ 10.Cand�anffion. '!8e�aeeds af aay awant a claim fo�dama�s„dixect ar conseque�tE�l.ia canaes�n�vith e�r
<br /> ,. ' - vonde�naaan ar o�taking af�y pazt of the Prapeety,ar far onnveyaaoe in lieu of aon�natinn,ace he,mby a�g�ed an� �
<br /> '� �° ' s�aII Qe paid to L�eadc� ..
<br /> ` .. i;�.":�•: , . In tIc�eveaL of a Ootal�of the Rageiiy,tLe gtoceeds sbalt be applied w the sams sacated DY dus Se�itY�t, � �
<br /> � wh�ha�aus th�,du�mith�q excess patd oo Boa+owea.In t�eeve�tof aga�ial takiqg of ths IhapPSty in wlrich the faa ma�i � `:',
<br />: • vatue af tLe Piap�rty�a�ty be�e the taI�ing ig equat ta or gc+�i t�the amo�mt af tIze sams s�d by ttis S�► �
<br /> . Ius�t uaraediateiy iseSo�e�tatdnII��t�s Boaower aad I�uQer o�erarise agree m writmg, the s�s seeaced by this �
<br /> � � f Sec�ily Ynsicumeat shaII 6e redaoe�bg t�e�a�t af tbe piooeeds mal�plied by die fcfIIoariag fiaaron:(�)the totai amnnnt of � .
<br /> • ` the sams��ty Qefare @te taking,divided bY(b)J�fair market va3ne of�.�ag�tty i�ediately bef:r�the •
<br /> ; ',.•,- ._. .•' .: taldmg.A�y balanoe sLa116e p�id ao Ba�owea In�e evaat of a�fial mt�n$of�Yropers3�:�a�tha fair ma�d�ex value of the
<br /> � �P�Y!��Y 6efoie t�e takiag is Iess thaa die amoimt of the���ed�ly befo:e E�e talun�,uNess ..
<br /> 8aaoar��nd Leadea o�e a�ee ia wrhing or anless app]icaUle law otbemis�pmvIdes.die pmceeds sLaU be app}ied w t�e
<br /> ' � � smns�+dr�by tLis Security Ins�rm�t whether ar aoi�e swns ac�theat du� .
<br /> .. � I��3�peenr is abandaned by Boauwed,or if,ai�r notice by Le,ndea m Bmrower ih�3�e oondemnor offees ou maYe an
<br /> f�:� " '��cd tar�a cTana far damages,Bmmwea fa�s to nespond w Leud�er witfim 30 days af�ea tt�dase the notice is giv�,I.eudes
<br /> ���. ,':a;�asizcd to coIIaS ac�d agpIy the pioceeds,aL�`uption.e3rHer ts reso¢�ation or iepaa of the Ptogercy a¢�the sams seaaed
<br /> � '�y diis Secaidty►��,whe9tes arnoilhen� . �. -
<br /> . ` ., UNess Leadea ar..��1c�wPa�ag�ee�?�q�n8,aaY apr�oa of pmceeds to�s�pal shall not extend or gqsspone
<br /> :�,.���.."�' the�date of the iaa�lt�+�,�d to�pmagRapha I aad 2 a�d�ange the em,ouci�ffs�..cb paymeats. �
<br /> �,:..x� .:.:._�_. ��- 1L Bosro:vrerNot��s.� Lende�No!a Wajver. E���reamne for. ._...
<br /> BY payment ar� .
<br /> of atnnrt�adoa of the�sec�ared tiy t63s Secmrity Inswment g�mntsd hY Le��sa.�seooessor hi i�est af Bmmwar s�: : ��:.�,.. .. °
<br /> : . noi aperate fn zelease tLe liab�7iry of tIle oiiginal Boaowea ar Boaowed's sa���t Leader sba11 not be�eqnireQ ta .
<br /> . . �; ,.-� oammeace�p�+oce��nsi anY sucoessat in in�est or refpse w e�tend time fci��aWeiari.�e modify amorti�osof : .
<br /> � �-. . .. ,, dte smns se�ed by d�ts S�tyr Insumnent by reason of demand made the -
<br /> . e�► t►Y ��owear or Bmmwea's s�s
<br /> . r, �:, in mtesest Any fasbe�msce by I�adar m exea+ccislag aay iig6t ar remedy shall not be a avai�er of or pieclnde tbe exaas�,p�any
<br /> .. , r�igbtarieme�Iy.
<br /> . . �; .. � 12.Sucoessors azt���signs Bo�d;aoi�t acd!�evr�1 Idab�;�e�.:'I1�e wveaa�uts art�: �e� of thi�
<br /> � :��QCtirIty InsOtameatt�114��ind aad�aefii d�:sa�sso�s and assigas af I.��a�Bffimw�,.�ec�"�;�Ite pmvisiott�of. . ' . -'
<br /> � —'— - t par�rapb 17. BoaowePs cavatan2s.�d�ats shatl be jomt and n'�Auy ��°`�o a�s this S�uity � ;,..
<br />:.r.x � .. :.. .•i �astrnment 6�t daes aat exeaite d��"�bt�(a)is co-siBning fhis Se�miry Ia�dt �'
<br /> .. � Bmmwer's int�ss�n the anJY Irb�•artgagG giant and wnvey tbat
<br /> � .� sc�ed by tbis S �amdea tne t�ms of Wis Secaairy Ins���a is rt�ot pez�sonalty obli�m pay the sums ,
<br /> � . � � er�ity Ins��aaA(c)$grees tl�at Leuder and sny other Es�aw�maY a�ree to�r�dif�►,farbear ar
<br /> -� make any aosammadationa wIt�regar+d ts the t�ams af d�is Se�aaity Lisunmatt ara�e Noae witLout�at Bonaw�aPa oonseat .
<br /> . ., 13 H.oan C�gas 1f the 2oan sec�aed by this Seauity InsCurne,nt Ls snb�t tu a law wLick sets mauimum.Iaan c�asges.
<br /> .' and tbat law is fmaIIy mterpcete�sa tbat the i�t�est as offies taan cA�ges colleeted or to be caller�m conuecdon witD t�tre�pan
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<br /> � _. � : ,�! e�ceed the partniued Ixqrits,then:(a)anp sacb Iuan cl�arge ahall be redncrd by 4t}e amouat neoessary tn red�ce the ch�c tii�e .
<br /> , Peamiued 1tmi��td(�D�►Y���Y collected f�¢em BoAOwer whicdi excee�:a�p�mitted limiis w1U be�ded ta Baaowea. �.
<br /> _ ' Leader may chflase tka aa�ke this refaad by rcducing the pnc�ciyal owed an�:s.�e Not�ar by makiag a�d�Ct.paymeat to ` ��.��
<br /> .. : � • Bmrrower�F a refund i�rtaces�Fndpal.the reducctinn a�l be oreated as a pa:tiat pnepaymeat whhont anY F�Y��t�Be
<br /> � ' � � � und�theNate. . ..
<br /> . �°. '.�. , 14.NoBses. Any aotice w Bamnwea pravided for in tAis Seauity Insnnmeat shall be given by deliveas*�it or by ma�ing it ,�a �
<br /> ,���°'� � . ,.;:+� 6y 6ist cL-tss ma:l untess appllcable 1aw neqmres ase of anathea methad.7t�e cars�ahall ise dicected to tt�k�iapeaty Addcess or '`� .
<br />�'�:`;`:;,' .,. � .,..,
<br /> , ��;t;�, anY othet aBQness Boa�s�r designate�by aotice w l�endea.My aotice to L�e�3�er shall be gtven by fi�st a�ma�tn Lende�'s �� �
<br /> � ,�- � _ adQm.�smfee hecan or any arther ad�Le,neer eesigaares by Ilarice oo BaA+�wer.Any notice proviaeal for in tmis�iry "
<br /> ' 'i`•'�� InsWment sLaI1 be Qeemed ta t�ave be�u given W Boiruwer ar Lc�dra wt� , �
<br /> - _ 1S.Governin�Law,SeverabilIty. 'ihis S�ity Ias�ament sbal! �as provlded in Qtis par�aph. .
<br /> _ � ' , jarisdictlnn in wLich t�e Pmpetty�S IacatEd.In the eve�t Ihat S�emeQ by fedcaal Iaw and t�e 1aw � the { � .
<br /> � n aay pnnvis'rasu ca ciause oi this Seeurity Insuumee�i ar the Note
<br /> � . . . .; caaflicts wltb�appllcab�Daw.s�cb cant]ict ahaU not affea other ymvisions aff ms 9ecariry Inswmeat os me Nate wl�fch can be .
<br /> ..� �,en effea withant the oonflicdng provislon.To thls ead the pravisi�ns of 4vs Seauity�trameut and the Note mre dac�red�o . .
<br /> ' ; ba severeble.
<br /> , ioae�E6�3 9/90 � .
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