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<br /> II Borrower fails to pertorm the covename ��d �O�QUe°^�h`b -h,._�• _�__
<br /> � 7, Protectlon of Lender'a Rl�ht� in the Property. � r_.�
<br /> nilicently�hect Lender's rphta In the Pro�p�nd P�Y lor
<br /> contafMd In thls SYCUrity Inetrumont, or then Is t bpal proceedfnq th�t moY 8 Lender's actlone maY��w� Payhp
<br /> ���fa�"�
<br /> a praceod►np In bankruptoy,Probate, for Condemnttbn or lorlailun or to onlorCe lews or requiatlons), then L�nder maY
<br /> rbrRy over thle Security Instrument, app��hfl h Qourt, PaY�9 fQ8E0nahb atlorney's (aes and
<br /> wh�iwK Is noc�s6��Y �o Protool th� valu�of 1���P�oPp�Y end Lender's rlghts In the Propert h' Lender doss not hw� to do eo.
<br /> �ny uums eOCUrod by �Ilon whbh hae P h Lender may take I�ctbn under this p4�a9 eP
<br /> ont�rinp on ths Prop�rtY to m�ke repairs. ANhoup
<br /> � to othN terms of paYment� these amounta ahsll bear ntenst hom th� dat� of i
<br /> Any amountb dlsbursed by Lenda undsrrlhis perapraph 7 sh�ll become additlonel debt °o e�rrequost 9up y�tthls ut y I
<br /> In�trum��t. UnNsa BoROwer and UndK ap M Wnh hterest,upon notfce from Lender to Bo ��
<br /> � dlsbu�eeme��s��h�Note rate and ahall be paY�b�� �BUranca as o candRlon of maklnp th� IoN s�cur�d by thK S�o�� `
<br /> • 8. Morty��e Insursnae. If Londor roQulrod mortflR9e - -
<br /> h BM9Ct, BO�fOw9f 6hell piy the pre►'(1fum5 roqukobt to BOtnOWK��h -
<br /> m�nt BoROwe ehall pty the premlums roquked to mabe�h ths mortpaGe Insurance in etlect. II, tor�e c reason, the moRy� f,'��+.
<br /> mstru .
<br /> _�.y� • Nsur�nce Cover�pe requked by Lender I�P6es or ceaeas►° ti.��
<br /> .«rr � nubstmtlaly equNabnt to the mortpape Inaurance prevl�usly In eNeot, at a cost substanllaiy equivabnl to mortWO� �� '"•• -
<br /> � ag�ct, lrom en alternate moApaQe insurer approved by Lender. If substenttauY equNaient moRy�p ''{-
<br /> mortp�9e nsurtnca previousry ����;a.,
<br /> . r be requM�d, at lhe a;:sr .
<br /> b Bortower wheo lhe Insurance coveraqe lapsed or ceased to be in etlect. Lender wi�accept,use�n
<br /> Insur�nce Covenye Is not advallabb, Bortower ehall pny to Lender each month a sum equal to one-tweNth o t e y
<br /> ments mey no Ionpe
<br /> hsurance premium behfl Pa 1' rovided by 8n Insurer �,,Z�_
<br /> ' retaln thoso poym�ts as a Wss resave h lieu ot �o`ea amount¢and tar tha pe od hae P e��ms Quq�ked to mainriln moRynpe --
<br /> � optbn o1 Le�dsr� h mortqa0° �^80nnce aove��4e ( hsurance ends In eccardnnce wRh any written - -
<br /> ,� approved by Londer a�aln beaomes avellable and Is obtahed. Bonower shall pvy ----
<br /> hsur►nae fn aBeot, or to provide a b3s resenr�ab����e �equkament for mortpaqe ��� Qh�NO�,
<br /> y �qre�ment betwe�n 9orcow�r�nd Lender o� aDD mgke reasonable entries upon and inSpecHons of the PropertY• =
<br /> , g � 9. Inspeetion. lander or its apent �Y � reasonabie cause for the InsAeo�ion. _�-,
<br /> � s, dkect or cansequ8�tiai. N Connectbn with a.ny �
<br /> I Bottorver notb�at the tims of or prbr to an InspecUon specNY 9 gssqned and shtA be _- -
<br /> 10. Condemnatlon. The procesds of any a+vard or ciaMn for damaye
<br /> � • condamnttbn or oth� takhp of any pah ot the Property,or lor conveyance In �ieu ot condemnapon,are herebp ��strumen4 ---
<br /> � gid to Lende�• Ifed to the Sums secured by Ih�w���he far markei --_}
<br /> I P
<br /> In the event o} a totai takhq ot the Property, the proceeds shall be aPP ��_
<br /> �� � fs equal to or g�otherw�se ag ee In'writin9.'�8 g�ms secur d by thia �u� _.._�
<br /> whether or not then due, with any excess Qald to Borrower. In the event of a purllal taking of the Prope y -
<br /> �aluo of the Prop9�Y ��diately before the lakin9
<br /> Instmrt+ent immed►�tey before the tekinp, unless Borrower and Lender p� b��nu —
<br /> •� ihe fafr market vaiue of the PropeAy Immedlalely �ee o"ne P op�y ���tIN =_
<br /> Inslrume�t Sh�►I be reduced by the emount of th b Vroceeds muRip�led by the followfn9 haCtion: (a V Bthe tolal nmount of the 6ums R,�=-=
<br /> � secured Ynmediatery betore the taking, divided bY O w�.�.
<br /> v sh�ll be pA�d to BoROwer• In the eveni ot a partlal takhfl uf the Property in whVCh the iak market = __
<br /> betor�the t�klny Is las6 than the emount ot the'$�m�ov d sedhe proceeds shele beeeppl�ed to�the sumsWSecuredLbY�Vs t�u�
<br /> - - -----� I�able lew olherw P
<br /> e�� {� w�gfnq or unless epP ndamnor oNers to rru�ke an aw�rd or
<br /> Instrurtient whsther or not the su���s a�o=�Er��Q Lender to borrowar irai ths co
<br /> It the Property�s abandoned by Borrower,or H, atter notice by
<br /> sett�e a alalm for damapes,Bonower lafls to res en„r�o eestoret�on o 3 epakso� the P operty to eto theosu�s secured�i h�`��
<br /> ' to aolbct and apP N t he p r a c e e d s,a t f t s o p t b n,
<br /> , Inatrumer►t,whether or not then du9. I�atbn of pror,eeds to principal shal�=6�eM�d or pos t p o n e I h e
<br /> ` Unkss Lender and Borrower otherwise nfl�ee in writin9, any spp
<br /> � du� d�l� of th�monthy P�Yments ralarsd to fn pernqrapha t aLender NOL ah�Nt1lVEft o��e sbny of ths tima for p7�ymMt o�
<br /> ' ' • ' 11. Bar�owe�Not Relesaed: Forbearance By
<br /> modNkat{on of�moRfutbn ot th�sums secured by this Securky Instrument pranted by Lender tc a�Y successor In fnterest of Borrornr
<br /> ment or otherwtse modMy amortiratbn ol th�
<br /> . shaN not opKate to reieass th�NabNily of tho orphB�est or�etuse ooextend tk"e for pay h �terest. �e�Bo oW�s�c�o t�
<br /> commer►c�P����^as 4��8t��y 8uccessor h intvr hal Borrower o
<br /> ' ' ' � sums 6scurod by thls Securfiy Instrument by reason ot any demand made by the oriy
<br /> � �`•�a`` htenst. MY tcrbaar�nce by Lender h exKCisho any ripht or remedy shall not be a walver of or preclude�ha exe�cise ot any��hi�
<br /> f` t ��� CO-afgnera. The co�Nt6
<br />_�.*•' •• 12, Successors and Assipns Bound; Jotnt end Severel Liebility;
<br />� � � rsemsnte of th►s SecurNy Instrurnen t s h a l l b i n d ^tl ��nts hall beSJofnt a d several�. �M Ye B�'p W°�w o eo•q a b�t��
<br /> . p rant, and coev�sY
<br /> � provfsbns ot parepreph>>• B o rt o w e r s c o w n a a t s a 4 th� ��rKy Ins tru m e n t o n l y t o m o rt�a p�. q th�dums s�cure d
<br />_ - • Inatrurt�t but does nat axecuts uhds�Nh��t�s�o}thbpSe����►Y�nstrument; (b)Is not personaAy obllpat 0��to� or makl a�Y
<br /> � ' Bortower's htarest h the ProperlY e ree to extend.
<br /> =yti '•'• Inslrumont; and (c) aqrees thtt Lender and any other Borcower maY G
<br /> - by thls S�CUrity
<br /> �.-� n� �ccommodatbns wR h r e p ard to'tterms�aa securedurbY1thls Sec�r�ll Instrument�IS Sub j e ct�BSO be coneatad6n co^^xeo�bn wilh ��
<br />��� 13.Loan Cheryes. � io th�
<br /> `''���•� and that kw Is fin�Ny hlerPreted so that the hterest or other ban charpes colfected
<br /> -'�' ...
<br /> -- ,..tr 9xceed th� pertnkted IImRs� �hen� �a1 8ny 6uch ban charyes :.h411 be reduced by the amount necessary to ���i toeBorro�� �f�
<br /> •tnd(b)eny sums alreatiY coltected hom Bortower whtch�e�h�Note ornby mlakh9 allldkc�ci pay� to Borcovva• U^de�
<br />= permittsd IYnM, menl charys under the Not
<br /> may choose to meke this relund by reducin9 the princlpat owed un ment wRhout any prepey ��h9 k or by mfiinp k by
<br />' ':l
<br /> � re(und reduces prinaipal,the reductb� v+Y�be treated as t pertln�PfeP�Y Addnss or any
<br /> 14. Notices. e Y �a�� B��uMes use otdenotherthmethodur�m Snotfce shall�llbeedfrected to he PropeRY
<br /> '� fkst class mal�unless PP notfce to Lender. Any notic0 to Lender shali be gNen by frst class mafi to Lengdersn�lddro�u
<br /> other 8ddress Bortower desqnates by
<br /> ,r ateted herah or any other adnrto Bortowerdor3 e der when p en asPrto d00 In t Is Pa a9roPnded ledke�ah lew and the law of the °
<br /> x � ; be deemed to have been 9�e _
<br /> 16. Governiny L.aw; Severebility. Thls SeCUrity Instrument shell be qovemed by
<br /> Instrument or the Note conilbts
<br /> � IS localed. In the event fovlsbns of this Secur yus sLN elnt o�the Note wh�ch can be p�^e�t
<br /> � : � jurisdictbn ln whkh the PropertY __
<br /> � wNh nppNcabb taw, suoh oonflbt shap not nHect other P
<br /> wfthout the oontiictfnq provfsbn. To this end�the�onwo n o ef co'nfo�ed copYt o��t No e tand oft this Secu�Ny nstrumen�ab or ,ny
<br /> - --- J- ——:— . _ � . ... _, e..,, nnA o} the PropertY
<br />— --- --'� � 16. Borrower�a copy. ov����� ..._--- - _.., �-
<br /> � 17, Tranater ot the Property or s Beneficial Intereat in Borrower. �� •�� °�
<br /> � � ma , at Hs option, requke Mnmedlate paYment In tull ot aW asmof theud ebol lhis SeCOritY
<br /> fnterest h k �S sold or transtened (or if a benelfcial hterest k� Bortower is soid or t�anstened enel Bortower Is not s nalural p�son
<br /> - wRhout Lenders prbr written consent,Lender Y
<br /> Inatrument• Howe�e►�this optbn shall not be exerC�sed by Lender H exerClse IS prohibRed by�ede�
<br /> ., Instrume�t.
<br /> �f Lender exatcise5 thfs oplbn, lender 1�ted orBm811ed withh whfCh the Borrower hmuStpeY aU sumf sVSecured bydthbnSeC��Y
<br /> - nvoke anY�emedfes permittod bY lhis
<br /> than 30 days f�om the date the notfce Is de Fp�m 702E i!�
<br /> � Instrume�t• �� Bortower tails to pny these sums prior to the expwation ot this period,Lender may
<br /> : '' SeCUrity InSWment without�urther nolke or demand on Bortower.P�9• �o�s
<br /> ' '� r-�os9.�Ma teie�)
<br /> � I
<br /> ssn
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