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<br /> � . Bortow�r rtwy cun �uoh • d�huR and nlnstats, u provided N p�nprrph 1B, by cauainp th� act�an or proceedh� to W : ���;_,
<br /> I �.:.+
<br /> � d�smisasd wkh�rulhp th�t, in LendK'e Qood feflh determlmlbn,pnolurN� foAeRuro of th�BorrowK's IntArest n th�Prop�rtY or ;1' ,.--�-�*�(„_
<br /> .:�+ -•.t+Y'`,:+;ti,,�i
<br /> ot tter m a t B V 4 t l k n p A k m e n t o l t h e I b n c r s a t e d b y this Secur i ty Instrument or Londer�6 BOCU(Ry ht9fiSl. BOROWN Bh�ll tlso ba In ��.�.. ?�
<br /> d�t�ult il Bortow�r, duriny ths bm�ppl��tbn proc��s,p�w matKyly Id�a or lnaccur�te lnlorrtwtbn or ateter*'�n ts to L e n c t e r (o , F A ,
<br /> f�iMld tq provide L�nd�r wRh any mater4l hfortnlltbn) In conmctbn wfth the ban evfdanad by tht+ Nute. inoludlnp, but no� � �; '��},•
<br /> , . :'.�:'•.���:�'�:'�
<br /> limiud ta, repnt�nt�tlons concKnlnp Bonow�s occupanoy ol the PropKtY �a � Prnclp�l resld�nc�. It this S�curity' . . . '::7:.
<br /> Ingtn�ment �s on a I�e�hofd, Borroww shall compry wRh �N the provlsbns ol ths le�sa. I} Borrpwax ncquiq� f�� tHi� lo lh� � �
<br /> Prqperty,th�M�s�hold�nd th�la tNM ahall not m�rp�unMis L�ndK �ylnss ro th•m�rp.r h wrnnp. ;,�''^:`�,r*,. ;' ,-
<br /> 7. Proteotion of Lender's Riqhta In the Praperry. i� eoROwe� r.��s ►o Per+orm�n� cov«+r,n�c snd�flr«m«��•1'�' �,
<br /> com�lned In tnis S«:urdy �netrumonl, or there Is a hanl proceodln0 thnt mey ebnN�can1N �n�t L�nd6re ri�hlG � 1h� PropMty Q ,
<br /> (6 u c h e s a p r a c�a d h 0 h b a n k r u p i c y, p ro b a t�,l or condemntlb� or IorhRuro or to�nforca kws ar reguYltbn�),tht+n I.sndK m�Y� .r. `��, �,??;3_,_-
<br /> LN1CIlf�B �C1IOfl1 Y �r•r �..___
<br /> da md pay (or whatwar Is n�C�stary to protect th�vNuo of ths PropKty �nd LMd�r'e rip�tt� t h� Prpp�r t y ii,;,�',±�ti_
<br /> wa
<br /> ..rv+"'r ,_ �'� ��=�
<br /> reeon bl� attomeysefees and �nterhp onythelProperty to mak�blpaMS ARhoupheLentdKnmaY�t,��bn�nd�thh pitreD�Ph �
<br /> � .'.,' �YA ��n�f-;
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<br /> 7.Lender does not have to do so. '
<br /> ' �n�,�'�r....��-�-
<br /> Any amaunts dlsbursed by Lsndor under paragnph 7 sh�ll b�cartw addRbnal dabt ol Borrower svCUr�d by thb S1CUrRy , ��s!?'�
<br /> Ingtrument. Unbsa Bortower and Lender ayree to other terms ot p�yma�t, these cmounts shtll boar Interest ham 1h4+ dtM oi �,Y��=�=----_--
<br /> �j�ii:,a.�----- .
<br /> diSCursartl8nt At th�NoU rat�and shaH be payabie,wkh inte�sat,upon nOtb�hom Lend�r to 6ortow�►requestnp PaY��� -,_-_---
<br /> 6. MArty��0 II1tY�A11C0. II Lender requfrod mortpape nFUr�nca as s condRbn ol m�chy th�bm securnd bp thb �,:-------
<br /> � .�r�a�.
<br /> ' 6ecurity Inshument,Bonower shtll pay the premtums requPed to mlhtaYl tha mortpa�hsuranco In efpct.It. la any ra�son,thl� �-
<br /> mortpaye hsunnc�coveng� nqulred by Lender I�pses or ceas�s to bs In etbot, BortowK eh�A pay th�PremM�ms roquhsd to ',`.A,y
<br /> obuin covenpa aubstanthlly equFnlent to the mortpage Insurance prevbusy In etFeot, �t � cost eub6tantitNy equhrwMnt ta the ,.. _
<br /> cost to Borcower of the mort9ege hsurence prevbusty In eHect,hom an attemate mortgaqe InsurE►r approwd by Lende►• �t s.�-
<br /> • substantlaily equlva�ent mprtgage Insurance coveraye Is not av4iltble. Borrawer shtll pay to Lender e�ch month a sum equ�l to `,L.__—
<br /> onatweNth of the yearty mortgage hsurance premfum beinp pald by 8orrower when the insurance covarayo t�pctfd or aes5ed to �_�
<br /> �f be h eNect. Lender wiY accept, use and retafn these payments as a bss reserve in Ifeu ot mortgapo i�su�ance. Loas reserve ��_�-
<br /> ppymenis may no bnqer be requlred,at the optbn ot Lender. H mortgapa insurance coversqe(fn tha amount�nd for the perlod
<br /> ° th�t Lender requkos) provided by an fnsurer eppraved by Lender apain becomes availabie and IS obtahed. Borrowar shR�ptY �_�_--_•_
<br /> ��� the premiums requkad to mnhuin mortflepe Ineurance h eNect, or to provid�a bss reservs,untU the �equir«nrnt for mortfltpe
<br /> ':;.�i+ Insurance ends In accordance wkh any written aflreement between Bortpwer and lender ar applicabl� 1�w. - -_
<br /> � ' ,,�:.t 9. In�pectlon. Lender or ks aqent may make reasonabb enuNs upon and fnnpactbns ot the Proprty L�nde� shtA q1u�
<br /> ' Bortower notbs at the tkna ot or prbr to an hspectbn specNyfnp raasonabb causs for tha hapoctbn.
<br /> n 10. Condemn�Uon. The proceeds of any eward or clnYn for damape�.dirsct or conc�qusntlsl,In conn�tfG+� wilh ��Y __
<br /> condernnatbn or other t�klnp of any part of the Property�or tor conveyance h Ibu of cond�nn�tbn, are hcreby esslpned and ;�..
<br /> .,„ ,
<br /> shnll be pald to Lender.
<br /> In the event of a total takine of the Property, the proceeds �hRll be applied to the 6ums sscu►ed by thfs Sec�r� —i
<br /> -'---�"- --- Inetrument,whether or n0i ihc��Sa,c+tlt:n�c���� F�!�t� anrrawer. In the event of a ptrti�l t�ic+np of the Property
<br /> � the fak market value of th0 Property Mmedl�tety he(ore the taklnp is equal ta or grnater thui the amPunt ot ths sums acund
<br /> by this SeCUrity In6tniment knmediatay befare the takinq, unbss Borcower and Londvr othErwlse e�rM M writh9� tl» sums
<br /> ' secured by this Security Instrument shall be reduced by lhe amount of the proCe9ds mulUpued by the fAVnwhg fr�Ctbn: (�)the
<br /> toul amount of the sums secured knmedlntey betore tha tMcinp,d'ulded by (b)th� tJ�ir marlcet �aWe, of thP Prpperty Irtx�edktey _ —
<br /> befara the taking. My balence shell be pnld to Bortownt.In th9 event ot a ptrtl�l tak�np of the PrppMy In whiih the faP muk�t
<br /> vdue of ths Property knmedlatey betora tha takinq Is less than tht+ omou�t of tha sums securad kmqdhtNy be(ore the t�khp,
<br /> -- ��I��� Borrowar �nd Lender otherwise �pree k► wrRhp or uniess appMCable taw othsrwise p�ovWts, th+�prc�caeds shall be
<br />:.,� . � epplfed to the sums secured by thls SecurRy instrument whet.�w or nat Shc�ums are ttw� due. _
<br /> It the Property is abendoned by Bortower, or R, after notice by Lender to Borcower thit the condnnnor offers to mRlc�ao
<br /> ., award or settle e alaYn for damaqes, tiorcower falls to respond to lender wRhh 30 days atte� the date Ihe notfce Is q�� �``�
<br /> Lender is authorimd to collect end apply the proceeds, et its optbn,ekher to restoratbn or r�atr of the Property a to the
<br />~ ��•;. sums 6eCUred by thls Security In6trument,wh0ther or not then due.
<br /> '•��r.� Unless Lender and Borrower otherwise agree In writinq, any appifcatbn of prxseds to pnc�ipul ehell not extend or
<br />� ,��� � postpone the due date of the monthly payments relened to in perngraphs 1 and 2 or chanpa the nmount of suah payments.
<br /> :�,�,�u.� : r*�► 11. Borrower Not Released; Fnrbearrnce By Lender Not e Walver.Extensbn of the time(or pGyment or
<br />�°. • modMbatbn of amortl:apon o}the suma ceCUred by this Securky Instrument granted by Lender to any succos9or h inlerest of _
<br /> 3:`� � ��=�•,� Bortower shall not operate to releatie the IIabIIRy of the aipkiai Bonower or Bortowers successors In Interest• Lender shaA not
<br /> " be requked to commence proceedings apnhst nny successor h htsxest or reluse to extend tMe tor p�yment or otherwise
<br />'-�, • modNyr amortlutbn of the sums seCUred by this Security InstNment by reason of any dernand made by ths oriphal Borrower or _
<br /> � Borrower'a successors in hterest. Any forbearance by Le�ider In exercishy any ripht or reme�iy ehaA not be a w8hrer of or --•�
<br />�,.� .. ; . _
<br /> preclude the exeraise of any ripht or remedy. —
<br /> "-',�..�.a.i.� 12. Successors end Aasigns Bound; Joint end Severel Llebiltty; Co-�lyners.Tno cOVenmto and
<br /> �'��°�";:"..• �preemente ot thls SeCUrity Instrument shall bad and benefit tho successor6 nnd nssfpn6 of Lender�nd Bortower,subJeCt to the
<br /> e.—
<br /> �,,-°� provlsbns ot paregraph 17. Borrower's covenents and agreert�ents ehall be Jolnt and several. Any Borrower who co-sfpns this ;,,; _�
<br />_;;. , Securky Instrument but does not execute the Note: (p)IS co•slpnfn0 this SecurY,y Insirument ony to mortqa9e,8rant and Convey _
<br />` " that Borrower's interest ln the Property under tho terms of this Security Instrum6nt; (b) Is not personaly obligated to psy the r,.' --
<br /> sums socurod by thls Securky Instrument; and(o) egrees thtt Lender and eny other Borrower may agree to extend, modHy, ---- -
<br />- � forbear or make any accommodatbns wRh reyard to the terms of thls SecurRy Instrument or the Note wAhout that BoROwer'9 �.;(,V�:,.;� _
<br />- y� cansent. '� _���"�'�
<br /> �::,i,_-�_�
<br /> 13. Lonn Chargea. it the ben secured by thls Securtty In&trument Is subJect to a law wh�h sets maxlmum ban .,�_ �
<br />'� charyes, and that law is IhaIN hterpreted so thet the Interest or other ban charqes collacted or to be collected h Connectlon ;;;,t �
<br /> ' .u-r.�wv��..�...
<br /> -,� � wRh the ben exceed the pertnftted IknRs,then: (a) any Suoh ban ohnrqe shall bo reduCed by the amount necessary ro reduCe t}:;�+,�
<br /> -. �,� � the cha�pe to the pormRted Iknit: and (b) any sums akeady collected Irom Borrower whbh exccedad pamktotl IImR6 will be •1 � �„�;,y,�
<br /> � �`:,�: refun d e d to Bortower. L e n d e r m a y c h o o s e t o m a k e t h f s r e t u n d b y r e du cin g the pnc��pai owed under tho Note or by maklnq a ,,�.��y�;�r;
<br /> dkoct payment to Borrower. If a retund reduces princlpal, the reductlon wlli be treated as a partfal prepayrr�t wilhout any � �i �
<br /> �� � prepayment charge undor the Note. S��' x~•
<br /> `r.. . '
<br /> ' 14. NOtfCCB.My notice to Bortower provided tor in thb Security Instrument ahl�li be qNen by delNerinp k or bY mallinp k : .t���"•
<br /> - , ." •4
<br /> _�____ by first cla6s mall unles6 applfcable law requkes uso o}anolher method. The notfce shall be dkected to the Property Addrese . ..
<br /> - --
<br /> . .. . . ..�-- •-.. __.�_ ._ ,.....�.., eti.0 b ..t.,d, hv tirat r_Iass tnaU t0 , �___ _--- �_
<br /> or any othet address Borrower oesgnates oy noc�e w �m�ua. ..��� �..+�tio .� �a..�..� -••-- -- .•--� -. -�. ------ -
<br /> , -
<br />- Lender's address steted hereh or any other address Lender designates by notfce to Bortower. Any notice provided�or In this � : ,
<br /> SgCUrfty Instrument ohall be deemed to havo been given to Bortower ar Lender when gNen as provided fn this parflgraph.
<br /> lb. Governing Law; S@VE�eblll�/. This Security Instrument shall be govemed by tederal lew 8nd the I�w ot the � �
<br /> �uri5dbtlon In whfch tho Praperty is located. In the event thflt nny provisbn or clause of this Securily Instrument ar the Note I
<br /> conllicts with appl�eble law, such Confl�t shali not aMeCt other provislons of Ihls Securky Instn�ment or the Note whfch can be f ,
<br /> glven eMect without the conllfctYig provisbn.To this end the provisbns ot this Security Instrument and the Note are declared to ,
<br /> be severabla. ,,
<br />� 16. Borrower'a Copy. Borrower shall be given one conformed copy of the Note and o� thls Security Instrument.
<br /> �� Pap�� ol 6 � � � . ..
<br /> Ft9t6.LM0(1/07) .
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<br /> 10590
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