|
rer.� � , r ''.�.�r��,,.�r, . �"'� �jY' �
<br /> '�� . . .'Y r.�. r��t --- -----�._. ....._.
<br /> .».1�•-°_--
<br /> I'�. :v:Jrww.:drr.+fi+haa�.-1�. ..� '...�. dv..�.Vct��"'�__—_"___— -..--'----
<br /> -�•.r(��—�• ..d-,. �..�-z..e—.e.-.. ���iii...�x:n;...-_. __ . .
<br /> . ....- _:-,- .�.`.. . ,_s...��.
<br /> ...��t.:_r,.r� "_' —___—
<br /> 7. Prote�tbn of 6e�der'� Rlphts In th� Prop�rty. II 8orrowa f�NS to p.norm �ne cov.n.nu �nd aurn«n�►a
<br /> optft�L-�d in thfs 3GUrAy lnetrument,or thete f�� MQ�� ProcMdhp Ihat mty elpnMiC�tnty�fleCt Lend6r'�rigM� In lh� Prop�rty(�ueh�s
<br /> , �prp�Ndfrp In binkruplay,p►obtl�,lor CondNnnation or lorbiur�or to onfnra� Ywt or repu4tibns)�thsn I.ondM maY do�nd p�y Po►
<br /> wh�tw�r M nrcMt�ry to pro2�ct lh�vdu�of th� PropaAy and L�nd�� riphts h '�� h cpo A,ptyhp rsa on�bM�t�t�a INS an�
<br /> 11r1y sumt s�CUnld by�N�n whbh h�.i Priority ovw ihFs S�CWiy In�trum�nt,�ppN' p
<br /> ent�rk�p on t1��Prop�ty to mak�r�lro. Akhouph Undrr rrwp tak��ctbn unda thla prnyr�h 7,Lendsr d�1 not luw lo do�o. �
<br /> My �mounN disbwad by L�ndK undrr thN parapraph 7 �haM beaom� add�bn�t Nbt ol 6ortower Rscund by thi� S�cu�
<br /> In�trum�nt. UnMat Bor►ow� �nd L�nder oprM to othK Mims of p�ym�nt, th�s� amounts ih�N bstr ht�nft kom th� d�l��
<br /> dkburwment al tha tJot�rate and shntl be pAyebb,wkh fntKyl,�fu.� �s a�o dN� ol makhp�the b�nt s�cur�d by thM B�cu
<br /> a. Mort�aqs Inwrsnoe. n�.nd.r naurw n+onv+�
<br /> Intlnxn�nt, Bnnow�r �h�N pay tM P�wms �� to"'ahu�^ th� mortp�p� htunnc� In ��Mct. If, for anv��� th� matO�ON
<br /> in��cownp��quirod by L�nd�r Y�psa a eMLq lo b fn Nbot,Bortow�r shtM pay lhs pr�miums nquk�d to obuin arn��
<br /> sub�tanttaty�quhn�4mt to the mortpap� h�unncs prwtousy h�M�ct, �t t oost substmtiaMy�QuN�Mnt to th� coat to Bortow�r of th�
<br /> moApip� in�urance provbusly h sfleot, from m aAKnab malpap� Insurer epprowd 6y Und�r. If aubtt�ntkly �qulvaMet mortp�p�
<br /> hfwnr►c� covsnp� is npt avafMbfs, Borrower ah�l pay to UndK e�oh month a sum oqu�l to one�twe�lh of th�y�rry moAp�p�
<br /> hsunnc�prsmium beN�qa�Is�r(3cx�awer When the hsuranc�coverapa Inpaed or ceaced to be h etteot. Land�r wil�GC�pt, ute�nd
<br /> rotRh th�ss p�yrne�►ts aa s h hst�o p��o1�h°t����unt and tor the pedod h�t �eeder requfres)��vld�d by�n hwrK
<br /> optbn ot I.�nder, I( mcr1;�
<br /> �,pp��x�d n�r �endq� �in pacomas av�i�Ble and !s obtaYwd. Bertow�r st�11 par the pr�miums requked to mtinUh malvq�
<br /> InWraticr, la re9frct, or to p�'ovid� e io�s r�serve, untii the requkernent tor moRy�yya frtsurnnca�ttds in �CCOrdanC�wkh �ty we�n
<br /> ���p,�„r,��,��;,,�gortcvrr and i..art�ar or appAcabN law.
<br /> �. (N�peC1b11. CAndw or its ap�nt m�y maka roasonabN �ntr�s uR��rtd tn�pocf:�cr"�s �'I th�Prap�ty. L�ndK shaY pk�
<br /> Borrowar not(ca At t1�t3m:e�t vr prta lo an Inspectbn sp�cihhp reasonabfe cpusa�up�����1�s�pastion.
<br /> 10. Condem��1'a�. 'rT�+ pt��s of �ny awud a c�Yr► to� d�mapos, d�rd:a a:r consequ�ntkl, in conn�ctbn wkh �ny
<br /> ecnd�maUon or oth�r t�Ukirrp��a^.b�A':;¢f th�Ptoperty�or ta eanv4yanc�h Kw o!con�rruislion,an Mreby atsiprNd md th�N b�
<br /> p�id W L�ntler.
<br /> In tM svent ot �t0ta� 'fakn� m?'t.2��proP�f'��ho a°�as shAY ba �WpWd to th�suma sacund by thit S�eurity Insbu�twnt,
<br /> whNh�r or not thMe duo, :v�th �ny exora6 pakJ to Borrowar. In th� ww�t ot a panpl takiny af th�Prop«ty :� wi�ich itw ia7�:at
<br /> valw of thr PropKty M�r��adlnt�M bNon th� takinp is equ�l to or gnator than t1w amount ot th� sumt s�cund by lhis S�autity ;;-
<br /> In�Erummt Vm�sd�tsy bvbrro tM takhp, unbss Barpvwr aNd �-x►der otMrwia��pree h writhy� th� sums s�cund by this S�aWRy
<br /> M=In�nt slr�ry b� nduad by th� �mount of tM p�oc�n'wNiPlied bY the folbwk►p Inctbn: (U th� tqtal amax�t of tM wms
<br /> MCUnd MMn�dl�uly bNO��tFw takin9� dlvkNd by(b) tfu faP m�uk�t v�4o Ot th�PrOP�Y MrMdilll�N bNor�t11� Wchp.My bii1t10�
<br /> sh�N b�p�td to Borrowot. M tln� �vK►t of a p�rtti�takin0 a tt�PrapKty In whfoh th�1tY mvkot wlur of th� Prop�rty im�dioMN
<br /> b�lon tM Wchp Is Ir3�°:�an th� anwunt of th� wms NGUr1d MrMdlYt�ly bNor� th�Wchq�unins Borto�w�r and I.�ndr othwwiN
<br /> ,;orM h wrthg or unbr,s a�Alfc�lbN iaw otMrwiN P�'���th� prtw�d� sh1�N M apPN�d to th� sums s�cund bY thl� S�eurkY
<br /> klftrummt wllethK or np{ttf�sun18 ere tMn du�.
<br /> M lM Prop�rty k abandor►�d r�N dorcow�r�o+R�h«noUn by L�nd�r to Barow�r th�t tlN car�siemno►otNn to mak�an awrrd or
<br /> fMtN t cf�im tor d�r�pea��arovwr lails to nspond to L�nOa wthin 30 d�ys aft�r tha d�M lh�s•rotfa k qlwn.Und�r h wthai»d
<br /> ta coMet�nd �ppyr Sfie,.yy6aa�do. at its optfon, N� t0 n�7bratbn w rop�4 of th�Prop�rtr or.2p'ir.e sums s�curb by this 8�r .
<br /> InshunMnt,whl� �'•��:':r•,q�due. '
<br /> UnNsa baxnd�r,n� �r��nOwrr otMrwia apr�s„writh8.Ny �PPWC�tion of prar.eods ta�riAcpal ihaN not•eatond or pos�fof�e HM1 ,, •,
<br /> dw daM•01 c�nw�1fi�I�Y�Iz rMu�a%:o:i%�+Gr�Dhs 1�nd 2 or ch�np�tM Ymour+t At�;;ICh piyments• • , ' `� . �
<br /> 11. Borrowe� t Relea�ed:Forber�nc� By L�nder Not�Wsiv+Cr. e�c�er+sso� at cn. ern� � osr�nc ar ,. . .'�;
<br /> nqd�ic�Uon of�moRaq7fnn�of tM sums s�cund bY this S�eurtY Inshum�nt qrantW bY�1.�ndK tD any aucc�ssor h hf�tt of gortbw�r' .
<br /> stW�wt qpKau to ��,nse the CrbWtY Of tM orlphal BOtrowK o�BOrrovwrs suCOeSSOn in hMrMG L�ndK shal not br�quYrd lo ,
<br /> �procwdinps afls�nst�ny tucce�sa h MMhst or nlu�to�ocbnd tim�for PaY�t a otMrwla modb�noAlc�don of th�
<br /> Mrnt aCUrod by thk SawxY Itsil�umont by �tton of an1 d«n�nd rtyd� bY th� orlpin�i 9ortOw�r a 6o�orv�s wo�so� h
<br /> NMnNG My foibMnec�by LM�dar In �nckin�rY riGht a rwnecfy�haN not b�a waMr of or pnabd�tM�eowclN of anr�ipht a► .,
<br /> �2. Succewors�nd Assiqns Bound;.loint md Severat Liab{Ifty; Co�sign�r�. 'n» cow^�^a ""a
<br /> �p�Mnmts Of lhi� S�w1tY Inswm�nt �haM bad�nA bK+�tt tM suawssors md o�s�pns o}I.�nder �r►d 8crtow�r. WbJ�ct lo tfN
<br /> prpvklont,of p�O�P'� �7. Barow�s covonmts�nd�prw�n»^ts sha�W Jo�t and s�vxai. My Borrow�r a�hD��sk�nt fhit S�CUtkY
<br /> �n�mMne�rt mue do�s na .�oecues tnr Noa: (a� r ca:�pn� thi5 Secur�y ie:trum.nt a+b tm ++�wa�. o�e. .�d comr�y a+�t . ..
<br /> Borrowd�'�•inbrest in tIN Prop�lY undM tM htmf Of thk SlCUrity f�SlNrri�nt: (b)k nOt P�ON111Y obMOabd to P�y th�NMni pCWrd '.'.�';
<br /> dd
<br /> by cnK S�cuAtY Inswm�nx �na (c)� that Und�r an4 sny o4h��r•Barowu mar � to �nd. nwdMY. tat�r a.m�Mo�anr .
<br /> •ppqm�odatfont witta roq�rd to urrns of Mb S�eurRY Inswrnrit or th�Not�wxhou!that BomowKs cons�nt. '
<br /> 1$. Loen Cf��ges. M Ms ban acur�d bY �k �+�Y �^sWmmt is SubAet t0 a ilw whiCh Mtf mvtlmwn b�A bfw�t� '
<br /> �nd that kw is NnaM} intMpnMd so th�t tM hbnst a otMr lor� charp�t aowe»d u to W eolor:�d in conMetbn w�h IM b�n �
<br /> �oacMd th�p�ntilad�nki. th�n: IU�ny tuCh bY1 ChupN ihtl b�nduC�d bY tM�mount rNC��asY l0 rr0i�tl1�Ch�r'p�to tlN
<br /> pwn►Nbd�rni1: �nd N)�nY�++�akM4Y toINCD�d korn Bortowor wh1Ch e�a,wd�d P�kbd�nks wM b�nMNfdb to BarOwK. LMidK
<br /> m�y chooa to nuaf�a•:�fie nhx�d by nducn0 th�P�W�I ow�d und�r tM Noh or by mNcYW a d'nct WY�t to 8arov+r. If a ,�.
<br /> �Nund�du�ce�Tltr�rc�p:P:.ent wductlon w!b�tnatM at�QNI�I pap�Y�t without�ny PnWf�^t charq�undN th�NOa.
<br /> t�.:��s�. �svw noaa to earower aro�o.d ior N thB 6�auritY Insfrwnent�h�1 b�pAr�n by d�Nnr►�p R a by m�in�R bY
<br /> fMst ek►ss�mttty unl�sf �pP�CabM r�r nqufr�t us1 W �noMr cr�tRII��. Th� notlC� shaM b� di7Ct�d /0 lt� PrOpMIY Addr�is Ot Yfy
<br /> oth�r�9rlress BomowK d�siaul�s trY noUc�to l�rtdr. I�n� rtotion co l�nd�thall b�phr�n by tlrtt chss n�to L.�ndMs�d3�ss
<br /> •taae twrx�► a any oeh.r�ddnss iar+�+r d�'4r+� br none�e�'Ciorrowet. My notic�provid�d for h fhb S�CUr1p MtkunN�M ihM
<br /> W dMnwd to hew bMn 91w�to Borraw�r or�� ��`����P�� ���h'br ��, p�w �nd tM Iw o1 If�
<br /> 15. Gowrnin� law;Sev�a�itth►.
<br /> ps�ccBr,'tl�n h wAtch th�Propwty is Yc�cnlad. In th�w�nt tlut sR7 qrovision or cyua of th+s 5�a,A1Y�n�uum�nt or th�Ncee conlicfs ,
<br /> w�14 qa.�YcobM kw. �uch canlicl't1an71 c�ot aMact oMNr Pra'kiort� of thk S�curRY InsWm�4 or If�NoiM v�tdcA an b����
<br /> �a�e ue�canllict�Dro�fskn. 'Co 11tis�nd tM provitb�s ol thk S�curN9 InstnHn�nt�n0 ttSO Wale r�d�cY�nd to b���.
<br /> �6. �f011rYf*i ri0�1y. Borrowit sMM 61 OivM� onl Conformw coDl°ai ms riai��nd 6i inii o.i:w�r�•�..••:�•:•
<br /> 17.Tra�a+f the Property or a BeneNaisl I�terest In B�eiernwer. it .r w .nr va�r or ��� �rou.rry or�
<br /> Ntrraat In t is told or tnnsNrrod (a if a bMMicf�l innnst h BoROw�r ta sotd or trwsNrnd�nd Borrow�r f� i�ot• nrlmai�sawl.
<br /> w�fUtouL'Landwt pr'qr w�iltM ConfMrt. L�nd�r rMY�at kt�oplbn.nqu'r� YmN0Yt1 p�ymN�t h N�of aN ium!NCUr�d ify lF1is SMC�M'!y
<br /> In�tYn�►G How�r,thk optbn sh��not b�4xMeis�d by UnWr if�xKCis�fs DrohbkN)by MdMal llw�� ol lM d1M Of 1Ny 6�CUrk�
<br /> klttrurt�nG
<br /> N l.�nd� exrnels�s Ihk option,L�nd�t shal ph� Bo►rovrK notie�o}�Ce�M►�tbn. TA� notfc� eha�provid� A p�bd o�eot Wa
<br /> M�n 30 d�ys kOm th� d�b ttM �OIiC� b d��d O�t�1�'Md „"Khin whlCh tM BOROwK rtwlt pay �N sums i�CUt�d by fhk S�C1Mky
<br /> Insbunwrn. If Bonow�r hNS t0 pay tMS�tums prior to th�a�pintion of thf�pabd,L�ncNr m�r Ywok��nY n�r�diM pMn�Md�r Mk
<br /> S�curry MstrurMnt wkhout hxth�r netia a d�ed on Bortowrr. ForM ao„�
<br /> s,�lf.lMO(ton�) h..s o�f
<br /> �t•
<br />
|