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<br /> _ -�`�� ' Borrower may cun auah a dM�uft end nlnstato, �� provid�d In p�raqroph 18, by cauaYtp thn aoUon or proce�dhfq to b�
<br />--~=�'���� • dlamla�ad wRh �ruWnp that. In Lend�rb pood f�fth datwmindbn,pr�c�ud�o fort�iture u1 ihe Bonower'a Intxsat in the Propaty or
<br />-;'•`•u�� oth�r materlal Imp�km�nt oi th�W�n c►Mted by ihls S�curfty Inatrum�nt nr L�nde's sacarity Intwaat. Borrow�r shN alto b�In
<br /> def�ult H Banower,durinp the la�n �ppNcatlon prooaas,q�v�materlaly hls�or Inaccurate Iniorrn�tlon or etatemants ta Lender (or �
<br />-:.�• •x• I�A�d to provlde Lenda with sny rrwt�ri�l Intorm�Uon) In conn�ction with the Inan er'denced by the Notie, Includinq, but not �
<br /> �•'"ti�� � Ilmfted t�, repreaant�lbns conceminp Bortower'e accu�noy ot the Properly ae � p�lncip�l realdence. If thla 3ecu�ity
<br /> .�:.
<br />:•`.���i-,��"� Instrumant la on � Ia�s�hold, BoROw�r eh�M compy wkh aN the provl�lon� o}the baee. fl Borrower�cquiroa fe�tNle to tho • ,
<br /> •!�`��'�'��� Property,the laasehold end the tse tflle eh�q not merqe unlase Lender agreea to the merper In writlnq.
<br />,_a;����: T. Prottctlon of I..�nd�P� Riphb In th� Prop�rty. II Borrowa� talla to pArfortn the coven�nte�nd�prwrr��nts�
<br /> eontdnod In thla Seeurtly IneWment, or thxa Is a lepal proeeedhg that irwy alpnMeantty aHect Lender's rlphte in Ihe Prop�rty
<br /> (auCh n� n proceedln� In benkruptoy, probete, for condemnetlon or torlelture or to enforce Inwe or re�ul�tlons),fhen I.ender m�y
<br /> ��',.� do�nd pay ior whatever Is n�ceaeary to protect ths v�lua ot the Property�nd Lender'e dyhte In the Property. Lend�r'a�atlons
<br /> r►ity �nclude payiny any nums aecured by a Ilen whlch haa p�iorily over thla 3ecurlty Instrummt, �ppeuinq h cou�t, p�yinp
<br /> �� reseonable attomeys' teoe and enterkiy an the Propary to m�ke rep�Ya. Atlhouqh Lender may take aation undx thl� panpraph
<br /> -'•°�■ 7, Lendsr doaa not have to do ao.
<br /> " My �mounte diaburoed by Lender under peregraph 7 ahall become eddfGonal debt of BoROwer eeoured by thla Securily
<br /> r�^����+ ' Instrument. Unlese Barrower and Lender aprea to othar terma of payment, theee amounts ahall bear intereat Uom the date of
<br /> '• _,,,,;; diaburoement nt the Note rnte and ehaN be paynble,wflh intereat,upon notice hom Lenda to Borrower requestinp p�ymemt.
<br />�'�•�X:';;;-; 8. MOI�tQap� Iniu��ncs. II Lender requked mortg�ge Inaurnnce aa a aondiUon ot maklnp the laan secured by thls
<br />:.`��;�y:• 3ecurfly Inatrument,Hotrower ehe0 pty the premVuma requlred to malNdn the mortsape Inaur�tnce in effe�t. If,for any reason, the
<br /> -;.:;;�_�_� mortgage Inaurance coverage requked by Lender Ispees or ceases to be in etteot, Borrower shall pay the promlums requked to
<br /> -':,� obtaln coverage subatantlal ivalent to the moK e insurance revioua
<br /> �;, ti,�k ly equ gag p ly in effect, nt a coat substenti�fty equN�lent to the
<br /> :=•-''.�, cont to Borrower of the modg�ge inaurance previoualy fn etfect, irom an aftemsto mortgage Inaurer approved by Lenda. If
<br /> _';`7,.----
<br /> -�- � -� substan t i a Y y equiv�lent moR��ge Inaurance covera ge(a not aveWebte,Borrower ahall pay to Lender each month a sum e qusl to
<br /> '�`���lY one-tweiRh of the yea►ty mortptpe Insuranca premhtm beinp p�id by BoROwer when the hsurance covenpe tapaed or censed to
<br /> �''''*� be in effoct. Lender wiA accept.use and rohfn lhese p�yments aa ��oss reaerve in Geu ot mortgage insur�nce. Loss�r�serve
<br />:':�:����
<br /> � _ puyments mey no lonqer be requked, at the optlon of Lender,If mortqega Ins�nnce caverage(In the amount and iw the petiod
<br />.-.;�°,�:�,� that Lender rmquires) provided by an Inaurer approved by Lender ageh becomea avatlabie and is obtalned. BoROwer shell pay
<br />-'� ��^"•• tha premiums required to ma4nteln mortgage Insurance in ettect, or to provide a loss reserva, untN tha requlrement tor mortgaqe
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<br />_-°-- -- insurance ends M eacotd�n�e with eny wrttten egreement between Bortower and Lender or appAc�ble kw.
<br />_-'�"�i��y 9. Insp�ction. Lender or Rs agent may make reasonable entries upon and(napectlans of the Property. Lender 3hail qNe
<br /> �'�'�''= Borrawer noUce�t the time of or pdor to an InapeaUon specltying resaonable cauae tor the inspeatlon.
<br /> —a�.� 10. Conx�emnatlon.The proceeds of any award or clakn for damages, dlroct or consequentlai, in cannectlon wlth any
<br /> condernnation ar other Uking of any part of the Property, or for conveyance In Ileu of condemnation, are hereby neaigned end
<br /> - shdi be paid to Lender.
<br /> _°_'-- In the event of a totai taking of the PropeAy, the proceeda ahall be applled to the sums aecured by thls 3ecurfly
<br /> -- Instn�ment,whether or not then due,wRh �ny exceaa p�id to Bortower. (n the event of a pertial tek(n�ot the Properry in which
<br /> the faN m�rket vafue of the Property knmedktely betore the tak(ng is equal to or greater than the amount ot the sums aecurod
<br /> ___� by thts Security Inatrument knmediately be(ore the taking, unless Bomower And Lendx otherwlae ayree in w�itinp, ths suma
<br /> -- — secured by thla Seaurity Inatrument sheN be roduced by the amount of the praceeda muklpNed by the toAowing haofbn: (e) the
<br /> totai amount oT the sums securod tmmediatery betore the Uking, divided by(b)the hk market value o}the Prope►ty knmecAatdy
<br /> beforo the taldng.My b�nce ehaM be pald to Bortower. In the event oi a pertid taklnq o1 the Property irt whlch the fak muicet
<br /> — value of the Property Irtwnedistey baforo the U►king Is less th�n the unount of the suma secured immedl�tey betoro the taldny,
<br /> untesa Borrower �nd Lender othawiae agree In wriW�g or unless eppNceble kw otherwise providea, the proceeda sh�q be
<br /> — appNed to the sums aecured by thia Secu�ity Inatrument wl�ethe►or not the auma ve then due.
<br /> ' It the PropeAy Is �b�ndoned by Borrower,or M, after noUce by Lender to BoROwer that ths condemnor ottera tv m�ke an
<br /> awud or settle a c1aNr�tor d�mages, Bortower hNa to rospond to Lender wHhin 30 days atter the date �hs noUce la piven,
<br /> —°— � Lenda(s wthorized to coYect�nd appiy the proceeda, at fts optfon,either to rostaratbn or repak ot the Propaiy or ta tha
<br /> ' auma eecurod by thia 3ecurity Inabvment,whethx or not then d�:e.
<br /> Unlesa Lender and Bortower otherwlse aqree In writlnp, nny �pplicadon oi proceeda to principal ahal not extend or
<br /> '— poatpone the due date of the monthy paymenta retared to in paregrsphs 1 end 2 or chmge the amount of auch pir�nnenta.
<br /> 11. Borr�wr Nd R�I�saad; Fo►be�nnc� By I.�nd�r Not a Walv�r. Extenaton ot ths ume tor p�yment a
<br /> modAc�tton oi amortizatlon of the sums aecur�d by this Security Inatrument granted by Lender to sny auccessor in Interost ot
<br /> . Borrowsr aheN not opente to rdease the HebHity of the odginal Borrower a Borrower's euooeasoro In Interes�t. Lender �heq not
<br /> =-� � be roquked to commence proceee��dings agdnat any auecessor in interest or retuse to extend tkne tor paymmt a athemias
<br /> �i�� modHy imnrtlzaUon ot the aums aecured by this Securfty Inatrument by reason of any danand rrwde by the oripinal BorroNer or
<br /> ��-x+.iw. Borrower'a suceesaora In interest. My torbeirance by Lende►4� nxarclslnfl any ri�ht or remedy eh�p nrt 6e a welver af w
<br /> �;�, pndude the exerdse of tny dpht or romcdy.
<br /> _ 12. Succ�sson a�d Asslpns Bound; Jolnt a�d S�vsral Uablltiy; Co-slp��n. The covenants and
<br /> - ayreanente of thfa Seeutlly Instmment sh�N bfnd and beneflt the auecesaoro and aaslgns ot Lendx and 8orrowe�, subJect to the
<br /> provlalona oi pangraph 17. Bonower'a covenants end agreementn shall he Jotnt and several. My Borrower who co-si�na thla
<br /> . Security Inatrument but does not exacuto the Note: (e)Is co-algning thls Security Instrument only to mortpepe,grsnt end wnvey
<br /> th�t Borrowsr's Interest In the Property under the terms of thls SecurAy Instrument; (b) la not peraonally obNp�ted to p�y the
<br /> aume nocured by thls 3ecurHy InaUUmmt; �nd (o) agraes that Lender and any other Borrower may agree to extend, modNy,
<br /> forbe�r or meke eny accommod�Uons wfth regud to the terms of thls 9eeurity Instrument or the Note wkhout that Bortower's
<br /> � conaent.
<br /> — 13. LOan Cha►��. It the loen eecured by thla 9ecurity Instrument Is aubject to a l4w whlch esta �n�Cmum lan
<br /> , chupes, �nd that Iaw is finaNy Interpreted ao thnt the Interest or otha loen ohargea colleoted or to be eollected In connectlon
<br /> --� . wkh the loan exceed the perrNtted IImRs, then: (a)any such loan chuge ahall ba reduced by the amount neceasary to reduee
<br /> ��"°';-� ' the chvye to the pertNtted IkMt; and (b) eny sums atready coMected ham Borrower whlch exceeded permltted limtts wfN be
<br /> ""�'—`T'� re?unded to Borrower. Lender rtury cAoose to make thls relund by redudng the pr(nGpal owed under the Note or by maklnfl a
<br />,�x�;�;:;,,{i.:� dke�t payrna�t to Borrower. tl• ralund reduces pdnclpal, the reductlon witl be treated as a pertial prepayment wfthout any
<br />-`�;'r�=�,�� prepsyrnent chnrge under the Note.
<br />_�=;,":;Y,�_ 14. NONC�f.My notice to Borrower provlded tor In thls Seeurily Instrwrent shall 6e glven by delNering ft or by melNng k
<br /> _;`�,'w''� by lkst ct�as mail unless ep�rYceble law requfres use oi enother method. The notice shall be dlrected to tha Property Address
<br /> ��.� ' or any other address Borrower deslgnetes by notice to Lender. My notlee to Lender ahalt be glven by flrst c4ss mail to
<br /> r� Lender's addresa ststed he►�eki or any other addresa Lender deslpnates by notice to Borrowe►. Mv noUce nrovlded tor In tAls
<br /> ;�..�;� Securlty Instrument shaN be deemed to have bee�glven to Borrower or Lendet when gPven ns provlded In thls peragr�pA.
<br /> ��;Y:T,.:-.�• 16. tio+►�rning l,�w; Sw�rabllity. Thls Security InsUummt shall be govemed by federal law and the law of the
<br />-•�'�'a; " • Jurlsdlctlon In whkA the Property Is located. In the event that any prov(ston or clause oi thls Secwity InsUUment or the Note
<br /> - • conlNcta wlth eppNable kw, such contNct ehall not efteat other provlsbns oi thls Secierity Instrument or the Note whlch can Ee
<br /> _. qlven ettect without the cronflicUng provlsion. To thls end the provlslons of thts Security Instrument and the Note are declared to
<br /> be aevenble.
<br /> _ . 16. Borrow�r's Copy.Bortown►shaN be gNen one eontortned copy of the Note and ot thls Saeurity Inetrumert.
<br />' ��,+ . �� F1J76 LM0(1N� Paqc 3 of y �_ �
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