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_� . .' . r,�.-. . -, „.,�."..� ---_.,_ �.�a.._— <br /> -'�l�i�' � ..s�..;,bk,!'„'{' ----.---_— � _i��Q9�%1hri�:�=-- _.:.�--y� _�—L`,-`._ ... <br /> I�..1J:k'-: _... w"�'?'.._._.Y _ _ _--_ __- <br /> ' 7. ProtecUon oi I.ender'�Rlyhts in the Praperty. u Borrowpr raus �o porto►m en� oownants .nd prwre�na <br /> oonqM�d h thk 9�CUrily InttrumMit,o► tMn b� Mp��procMdhp tn�t may tlpnNicanty afhstt Lrnd�r'r rlpht� h tl+�Prop�rty({uC��s <br /> •praNdlnp In b�nkruptoy, probaM,tar cond�mn�tbn nr fo►t�kur�a lo�nforc� Mws or rpuMtbnl), thm UndK may do and pay lo► <br /> what�vw h n�CNt�ry to prottOt th�valul of Ih� PropeRy and L�nd�►'a rlpAts In th� PropKty. Unaws �ctbns rtwy Inalud�payhp <br /> any tum�i�cur�d by �IMn whtah hu prbrity owr thle S�curky InaWmmt, �pps+vhp h oourt, p�yhp nasOnablo attom�y'� fNS�nd <br /> �nt�rinq on th�Prop�rty to mak� nptlrs. Akhouph Undw rrNy tak��ctbn und�r lhb pu�pr�ph 7,Lrnd�r daa not haw to do so. <br /> My �mounts dkburs�d by L�nd�r undwr thh ptnpnph 7 th�A beaorn� add'Abn�l d�bt ol Borcovwr acurM by thk &�curRy <br /> Inetn�m�nt. UnMa Borrower �nd Lsndn ayns to oth�r brtns of paym�nt, th�s� �mounta sheli pur ht�rat hom th� dat� of <br /> d�SDun�rtwnt at tM Nou nt�md ah�N G pay�bio,wRh htKe�t, upon not��hom L�nd�r to Berrow�r rpus�thp p�ym�nt. <br /> 8. Mort�spe Inaunncs. If Lrndrr rpulr�d moRpap� fntunnc��s a oondkbn of rtNkinp th� ban acur�d by ihl�S�turity � <br /> InstrumMit, Borrnw�r eh�ll p�y th� pramlumc nquk�d to mahlain th� mortgaga heur�nc� In aNaCl. II,(or �ny ro�ton, th� moRQ1p� � <br /> hsu►me�oowrsp�nquk�d by L�nd�r taps�s a cMSa to W In NNot, BortowK �h�Y pay th� prKnlumt rpuk�d !o obtatn cawnaw , <br /> tubstmt�Ny�quhraNnt lo th�moRp�q� insuranc� pr�vbusly In othct,at a ooet aubatantyky oqulv�Mnt to th�cost to BorrowM of Ih� <br /> mortp�p� insuranc� prwbusy h NNat, Irom an aMxnat� mortpaq�hsurN approv�d by L�nd�r. If eubst�ntMly �quHaMnt mortp�p� � <br /> Inaur�no� oovrrap� a not w�IkbN, Bonowsr�hau pay to L�nd�r�aah month a sum pual to on�twoMth o} th� yNrfy nwAO�p� � <br /> Insunnc�pnmium hNnp p�kf by Bortow�r whai tho hsunnco cownp�I�ps�d or owa�d to ba In�thot. L�nd�►wNl acc�pt,uso�nd <br /> rotak►th� paym�nts as a bas ns�rw h Ihu of mortpap� Insur�nc�. Loaa res�rw paym�nts may no hnp�r b� nquk�d, at th� <br /> optbn of Landor, R mortqaqo Insur�ca covorape (h tho amount and 1or the perfod that Lender requiros) provkNd by �n in�ww <br /> �pprowd by l.�ncNr �pah b�comss av�wbM �nd is obtah�d. Bor►ow�v shaN p�y th� pnmh,ms nquk�d to mahtain mo�tp�p� <br /> hsuranc� h NNot, or to provfd� a bss nsaw, untu tt� rsqukwnont lor mortpip� hturanca ands h acoordanc� wkh any wrkl�n <br /> aptNrnMit GtwNn BorrOwK�rtd Urtdar or qppYCabk isw. <br /> 9. I�IfpQCtb�l. Lsnda or ks a�nt rruy mak� n�sonsble entrbs upon and hapeatbn6 ot th� Propety. L�nd�r ahaN qlw <br /> Borrow�r notk:e at tM Cm�of or prfor to 1n fnspectbn BpecNyiny re�sonabl9 cause for the ir+spectbn. <br /> 10. Condemratioe. The procads of any award a� cl�Yn for damnges, dPect or consaquentlal. In connoctbn wRh 1ny <br /> cond�rtinatbn or othar nking of any part ol the Proparty,or tor canveyance in Iteu of condemn�tion,nre her�Dy�ssi�n�d�nd ahal b� <br /> paid to Lend�r. <br /> In th� went of a tot�l t�khg ot tho Propertyr,the proc�ds shall br appiied to th� sums seaured by thts S�curiry Fnsbea+rnt, <br /> wh�th�r or not thm dw, wRh Any exces!pa!d to Bortoww. In the avent of a piutlal taktnp ot th� Propwty in w�ich th�tair mAcwt <br /> valw o} th� PropKty Ynrt»dwt�y bkon tha nkinp h 9qual to or prwta thtn th� �mount ot ths sums i�cund by tAis S�Cw� <br /> Instrumant hxn�dhby bsfon ths takhp,unbss 8onower and Lend�r othorwise ayres in vrr['rp.ihe sums sscured by thfa Sscurity <br /> Instrument shaN b� rWuc�d by tha amount of tho proeaeds muklpNed by the tollowhp Naction: (a) th� total emount of tM eums <br /> s�cund YnrtNdlntNy b�ton th�takhp, divlded by (b) the fatr marlcet valw of ths Property knmsdYhly beforo th�Wcinp. My bafnc� <br /> shaN b� p�id to 8arow�►. In th�w�rct of a pa;Rtil takinp of th� PropKty In whlah tho fetr ma►1cN v�W of th� Prop�ty MmNd�t�y <br /> b�fon th� takMp b I�i� than tA�amount of tlw 3ums secu�ed knmediately befon ths t�kin9, unless Bonoww and l.andar athsrwise <br /> �pn� in wrkinp or unMsa appllcabM law otherw�is� provides, the procsods shaN be applied to the sums secund by thls S�curky <br /> Instrum�nt whNher or not th�suma are th�n due. <br /> If th�PropKty k 1�bandonsd by Borrower,or H,ufter notbe by lender to Bonpwer tAat tha condemnor otters to mak��n award or <br /> s�ttM a cl�im for d�m�y�s, Borrow�►talls to rospond to Lender wkhh 30 daya after th�d�tn the not�e is pNan, Lona��c at�or�sti <br /> to coMct and uppy th�procMds,at its option,e8her to restaration or ropak o( the Prope ty or to the sums secured by this Sseurity <br /> � Instrum�nt,wheth�r or not th�n dw. <br /> UnMsa LencMt and Borrow� othsrwise apes In wrR�rp, any app8oatbn of prxeeds to �:h�ipd shat!�ot axtmd a�zostpone the <br /> dw d�b of th�monthy ptyrtwnts rclarred to In parapraphs 1 anr]2 Or ehsnpe the amount o'�sucr De►Ymants. <br /> 11. Bor�owe� Not Relet�sad:Forbes►ence 8y ll.�:nder Not a Waiver. =xtan9bn of tha cim. ror paymsn� or <br /> ; modMlcatbn of amartfutbn ot ths suma secu�ad:oy this Securky InaWment yrented by Lender to �ny sucaeasor In ht�nat ot BorrowK <br /> � shaN not op�nt�to rslaas� tho N�bilRy o�ti�e ori�in�l Borrower or Borrower's aucc�sson h ht�rest. Londe►shtN not b�nquind to <br /> comnenc�procMdlnys�9rhat u►y auccesaor�► Ntsrest or retusa to axnnd tkrw tor paymsnt or oth�rvris�modiy unoRiration of th� <br /> tums socund by this S�curity Inatrumant by reaaon oF any derrnnd mada by lAe orl�inal Bortov:�er or Borrow�r's tuccason in <br /> ht�nat. My forbNranc�by Und�r h exercisBp any ripht or remadr sh�ll not be a walwr of or precqde th��xKOiq of any ripht or <br /> �Y• <br /> 12. Succe�wrs aod AsNqns Bound;Joint and Several Liebility; Co-siqnera. rn• cov.nants �nd <br /> ` �pn�rtwnb of t�it S�cuHty Inatrum�nt shNl bad ind b�nefR ths tuccesaors end asslyna of Lender and Borrowr�r, subj�ct to lh� <br /> ? ' p�ovkfont of parspraph 17. Borrowks covan�nts md apraernants ahall be Joht and sw�ai. Any Bortowor wAO casipns thk S�eixRy <br /> Instn+ment but das not �oacua th� Not«: (�) b ao•sqninp thb Secwity Insbument ony to mortp�p�, pnnt, �nd conwy that <br /> Borr+ow�s ht�ntt h tM Propwty undsr th� t�ms of this S�curity Instrument;(b)is not pe►sonaHy obNp�t�d to pay tho sums�ound <br /> by tht; £;�CUrfty In6�ur�w end (o) aprCes that LanC�r Gnd t�ny othcr 8qrrot�rer msy 3grc3 ta aKer�d, medMy, torbrs ar mske eny <br /> �ccommodations wkh nq�rd to tsrms ot thls Security Instn,rt»nt or th� Nots wkhout that Borrow�r'a cons�nt. <br /> . 13. L.Od11 Ch�Qes. If th� ban seCUnd by thb Security Instromsnt Is cubJsCt !o a 4w whbh sats maxknum b�n Charp�s, <br /> �nd th�t I�w b Nn��lly ht�rprKsd so that the hterost or othsr bin aharyas ooNSCted or to be coNeat�d in aonnootion wRh th�ban <br /> , poc�ad tM pKn►M�d Wnks, tMn; (e)any suoh ben oheryes ahatl be �educed by the amount neceswry to nduC�the oh�rq� to the <br /> p�rmllt�d Yrnk;and(b)any sums alnady Collscled 1rom BoROwer whbh exceaded permNted IknRS wil be retunded to Borrowsr. L�nder <br /> rtuy ohooi� to m�k� this rNund by reduchy the prk�clpal owed under the Note or by mnkhfl e dfreat paymsnt to Borrov�. If a <br /> • r�fund raduc�s prinatpal,the nduotbn wip be Uoatod as a paRtal prapayment without any prepaymait ch�rq�undar th�Not�. <br /> 14. NOt1CQi. My not�s to Bor►ower providad for In thi� Secu�ity Instrument shall be eNen by delivxlnq R or by mailhp A by <br /> • Hrs! c�ss maW unMas �ppNCabb law requie3 uss of enother molhod. The notfce shell be direoted to tha Property Atltlr6ss or�ny <br /> oth�r addras Bortow�r dYStynates by notice to Londer. Any not�e to Lender shall be phren by tirst cl�ss mail to LenCer'a tddnss <br /> � stat�d h�nM or�ny otMr addnss LanWr desqnates by notfca to Bortower. Any not�e provldad lor fn thls Sacurity Inshummt thaM <br /> _, bs d�Md to haw b�n plwn to Borroww or Lender�vhen ptven as provided In thls parayraph. <br /> 16. Governinq L.aw;Severeblllty. This Security Instrument shall be povemed by federal taw and ttw law ot the <br /> ` jurisdletbn h whloh th�Property is bcatad. in tho event tAat any provisbn or clause of thls 3ecurity Instrument or the Nob aonfY¢ts <br /> wkh appliCabk Isw, such coneict shell �ot atlect other provlsions ol t��s Security Instrument or the Note whfch can be plvon ellect <br /> wkhout th�contliathq provisbn. To thts end ths provtsbns of this Seeurity Instrument end the Note are deelared to be sevonbta. <br /> 16. Borrower's Copy. Borrow�r sh1t1 bi plven one confqmed Copy ot the Note end of this SeCUrity Inst�ument. <br /> 17. Tnnster ot the Pronertv or a Benettcinl Interest tn Borrower. If aA or eny pert ot the Property or�ny <br /> htenst h R Is sold or tranaterred (or H i beneflc�l hterest tn Bonower ts sold or transferred and Borrower la not a natuhl person) <br /> wkhout l.�ndws prbr written consent, Lenda►may,et ks optbn, requke immedlate payment in tull of ail sums secured by thfs s^ecur'ity <br /> Instrum�nt. Howw�r,thi�optbn ah�A not bo exercised by Lender H exercise Is prohfbited by fedenl{pw as of tho date of thb Secur'rty <br /> InaWment. <br />- tl Lendsr att�rcises this optbn, Lander shalt pHe Borrower notice of acceteratbn. The not�Ce shall provide n period of not Mss <br /> than 30 deya hom th� dat� the notfce ts detiverad or malfed withN wh�h the Borrower must pay all sums securod by thfa Securdy <br /> InaWm�nt. If 8orrow�tatls to pay these sums prbr to the expiratton of this pertod,Lender may Nvoke any remedbs permitted by Ihis <br /> Securiry Inatrument wkhout tuRhsr notice a demend on Borrower. Form aoso e/vo <br /> F10YY.LMO(E/o7) Paq�3 0l 6 <br /> 6M <br />