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<br /> : � . . �.: � 98°1��18 �asw�: ��i6a9 �`s���'�° :� , -
<br /> � Un[ess Le�er aad Borrower otbera�e agrez in�vritIqg.�e prooeeds shall be applied to sestoration or repais of t�e . .< �<'.�_.�, _
<br /> ,.,�..<�,;. _ '
<br /> ` <1 �nY damaSed.if the Kstota�wn or iegair i�eco�o�i�1�!►f�I2 as�d Leffiei's seeaaity ia not Iesses�d.If tbe restnsation ar ,�
<br /> ' i repa'v is aot ecomumicalty feasb2$or l�r's se�rit�►e��2d be tesseaed.t�ms�uanoe prooeeds shaD br appli�d m t�e sums ,',..''.. ."'.
<br /> Y� .' � � ? sec�red by this Secu:+ry Ibm'uua��, �s or u4t �ea�e,wisb aay exo�s paid m Bmroa�er.U Bumu�r a� tt� =°�=�-�- _,�--_
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<br /> . '• Property.flr c�Oes noi ansuer�vitL'm 30 days a a,aicoe fmm Lender that t��caaier l�aas offetedi w seuis a claim.t� �,:•._. -� :
<br /> �, i propetty or to pag sssms secured .,` •.
<br /> icnder may collect ttte in4u�anee piooeec�.Lender may use tae gzaceeds m repair or r�e t�e ``; '... � . .
<br /> ' " , � .. by�g�ry tn ,,,,z•�,�er or not then�.'1].�30�day pzriod w�1�iu wh�t�notice is given. "-•_:?,:.-.,:--_.--_
<br /> ,� _
<br /> -:.�: - Uatess lendcr aad Barrawer athezwise agtee in w�g,a��a�P�m P��mt e a a e n d or postpaae ,��;:-� - _
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<br /> � ,�, the due date of 8te�►PaYments refeaed to in garagtap2�s 1 and 2 or chaqqe tbe amaunt of tbe paymeats.it�mCer paragra� - -
<br /> 21 t�e Prnperty is 2cquired by LeAder,Bonower's rig�t to any�e pct�s and F�oce�ds r�u-h�3 fic�n�Se tD� . .�' � .'
<br /> " �� � � ; ProPe�ti►prior to t�acqnisition sbaII pass w Le�r w ttt�e�ni of t�e st�t sa.�usec!Dy thig S��u��y :�,�t�`".::..:;�„�
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<br /> r ':�.+�y�, �;•� prioi to th2 xr
<br /> , F` . ., ��. �°� Leasr�oids. � �
<br /> �j<��g,�'` ���,1���: 6.Ooc��;lPcaservatlun,Mainseaance,ana Pe+usectEon oi thx Arop�y;Botcower's Losu �,FP�� � � ,,� �_
<br /> ��kfi =�.�` ��f' ' Borrower sLalf oai�..establish,and uss t�e&'�agzrty as Barmw�es's gr�aciQai res�eoce R�n snuY ds,b�af�zr t�e�wion of , -
<br /> �`J��R �t 1 ' ibLS$CQlfliy IDS�2nd ShSU CODbTNC t0�Ci�t�£FI�CTi3/3S SO7NREi'S j�31nCi�i1�fOS 8I I2aa'l OIIC j2�f 3�i 1�B n t3f
<br /> 'r i����'�' � �, 81]311 �1�S0�2b V�I�d;,��1ESS � �
<br /> �rt 4� �f`F '.� a3tC Of OCC�aIIC}rr'�CSS L2I1dC!0�12fV11LSC S$fGC3 1D W!lffi � COl1S2I12 D�T` � r" s
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<br /> `<_ ��_ ._��� extetmating cin�es e�dst wbich an beyond Borm�er's ou�tol.Borrower shall t�t�destrop.da�Se aj���m� . . ` '�"° __��
<br /> r , allOw the ,�i��rate.os comm�t u�te oa tbe Ftopetty_ Barmw2r sha13 Is+e:an'ct�iti,if.aqX fntfelnue atxiaa�.
<br /> � pIpPCI[F ...�.re�,..r
<br /> p�c�ing,Ntre�i�,+��os crimmat,is began ftsaz in I�ader's�ood farth jndgmem cou}�i�izi forF'eniue of the PraP�rt�r'or
<br /> � � Pthera+Lse m?�1-�1'!it�a'tke tiea creat�by,.��!t.I�at oi lxnder's sec��L�Bprru�[m�Y.Cm�s��a ,�,
<br /> vidr�3,�u.. 1 t�z actiaa or proceed'm�s�:be�mi1 ivit�►a iNth�8�a�;:iA ' � �re��
<br /> ` f4�� defa�lt aud re�fi���::�. #u�,ua,�raplt', 8,t��rai�it�g � ,
<br /> .. '`�t��s.,�' _ >� i�'t�:B9�f�l�,t`tl���r�eAnte uf �owet's in�test in tlnt Proy�tty or ather matetial'� �,�r � �` ��:
<br /> � �� �w
<br /> � ,�� . :' ' �di:�ud�f's s utteies�Bfltmwer sII�eli at�o 6e in defa�t if Bormwet,"�ilriqg i� � n _.
<br /> < < the uett cieatec�.�l,ii�s��Y� �Y.� ��,r..
<br /> ' ' . �'• taan applicatian p::*i��s,8a►ve materiatty�y�rraneaarate iafonnatioa or statemenfa to Lender(ot fa�ed to pro�ide Lender wiffi � �`_
<br /> �. - - � buf nOt l�ited t0,repreSentati0ri4",.� ; ".'r..-._.�:_.
<br /> ' w�•,�,,� ' aag mater�al infomradon) m co�aecdon aiq�:.r3�e toan evidea�ed Ey We Nose, insh�din8. ;,,•;.,, . ="—�
<br /> s �� : •;ma�+,;•+g Rormwer's occupanc.y of the�a9 a p�acipal residence.lf this SeauitY!�°1*+�^_+is on a Ieasebol4 Bomower , ' ,�:�,
<br /> ����� .,�:..c s�a.�t •iomply w i t h a U t h e pm v i s I o n s o f ffi e I e a�e.i E B o r r o w e r a c c�i r e s f�i tt l e t o t h e P ro p e rt 3►.t h e l e a s e h o l d a n t l t L e.f e e�t i Q e s h a l l s,�� ���'
<br /> � � � < aot merge untess Leader ageea to the merger na'.a7ti�g. ���
<br /> � r;� 7.Protection of I.endei's Rigdls ia t�e�.�Ph.±q�ty. lf Saaoarer fa�s to perfo:m tLe cavenams a�d�gcemeats raatained in ,�'�`'
<br /> . s � .
<br /> -f� . thfs Sec�uity Ins�umenc.or Were is a legal picra�n8�at aoay sigaificauUy �ect Leader's r�g6��tt►t�e'PtoPettS?(s�.�a . ,; �•� .;
<br /> � . . . :;; � �Sr�oa�dit►g m ban�PuY.Ploba�fo:coadettmatian ar 6od�eiUue or to enforce laws or re�ot�tiun��,t�t B�t�e��Y:�`�t�}'' ` ..;.;.::;`:; _�
<br /> , �� � far+wriratever is n�ssarq to P�dce vatue of the�a�.s�y';anA Lender's tighis in @�e d'n+pe��d�'s g�daat.may'�aclatte .. � s�,�r,,��„y:
<br /> , . .,� �: , n�:. � —
<br /> ia oourt. paY�ctB�,reasoaable
<br /> PaYmS aaY sums se�uied by a'�.whieh,has psidiity o4t?c chis Sec�riry tasut�nt.•:a�rpea�g ti%;��,�,�,��
<br /> � ;� attomeys'fees aad e�tering on the Pmperty m ma�a#sepatcs.AhhaagD Leader a�ay UaYe aaion t�tadet ttps P�b 7,Leffiter does . ; i-
<br /> a . not Have w do sn. : : • r; ; _
<br /> �--- --- — qay'ammmis disbittsed by I,e n d er m t d e r�Sis Faragraph 7 s h a ll b e c a m e a d Q I ri o n a l d e b t a f B o r e n w e r�s e c u r e d b y t h i s S o c�i d y i � .•-
<br /> , ;�, � .,�
<br /> , . . '�:S Iasuuwent. Ua�ess Borrower and LEader a�ee to other temaa of paymem,the.as amaunts s6aU Oear#aterest f�am�the date of • ���',',=-
<br /> :���-�-
<br /> � � ,'- disbursemeat at the Note rate and sLa11 be payabte,with imerest.upoa notice&om lender to Bomower re�ting PaYmem� . � „`=°
<br /> a
<br /> � • . . �� .:i`; 8.Mortgige Iasorauce. If Lender er�,oJr.�mortgage iasurance aa a con�idon of malciag tbe lua�socunetl bY this 3ecurity► -- _
<br /> �- .--� � • Insumaem. Satra;��r•shaU pay the pre�:�?�w mainlain tia° rnnrtgage �se la e�o�: 1f. for aay reasan.the '
<br /> ed tu �' �`�. ,�---
<br /> ,. : •, {. . ' " r�rtgage insuPairra ar�uerags rag��3�;.'.�mt3te�;�aPses as ceases to�e�ia:'d�ect,Boaower sha11 p�gs��he premiums.� ' ---
<br /> : . .�btaia�!�overag��al[Y�'�a�iu`tia.1�i�t���preriausty�in e�ect;.ai.a,cost substa�iuU�+e4un►at�at tor 9te cost � ,
<br /> � � �.: m 8rr.aoarer of t���aSe�;i�.'�ar�sl.�,�r � ,eff��s�n�vx�atteraate mortgaga"�saier approved bN lendei.If aub3t�iiallY , . '�r -
<br /> ��
<br /> - - ... ° � - equivalen3 mortgag��nsurance'c�tu�rAg$f+�.sa�e; Ie..Brmok�rer shall pay w I�ader.�.moaQe a sum equal w ott�e�Rh of '
<br /> • �Y�tY�SaB���P���'��1�by Bormwer ahea 8ie insnraace i�;'tttaSe laPsed or ceased Lo be in e�iect. _`'.� .�-
<br /> � '.;y..,. '
<br /> � .�. • � . Leader ariU ascept.nse and rztaia these paytr�t�s aa a Iosa r�etve ia lieu of mortgage.��tttdsance�Loss r�serve paymsnta may ns` .�,;�~'
<br /> �: : -
<br /> •. �:: . •_�----
<br /> .:.��'�`� tonger be requ'ved.at the option of Leader.if mortgage ins�ttaace coverage C1a the a�:missi for the period that l�ea4er r�u�uira) :,o����:.'°�
<br /> � • � provided by an insurer apptoved by Lender again betomes available aad is obiaiaed.Boriti,-wYer ahall pay the pt��ms��to --__
<br /> _..:_ .. ��,�, maimaiA mortgage iasaratece In effect,or w�ru�ide a toss resenre,�mn'1 the recNiiement for mortga��e�.��I� . ..
<br /> ..:r��' ' .:,.. '.. ' . .. :fi:_
<br /> - � � witb an,y arrittea agteemem betareea Borro�rnr a�Lender or applicable law. � _
<br /> �m .. �..
<br /> i • _ . m t .� � 9.losped�OD. Lender or its agent�a}z'�aYe masonable entries eipon aad insPectioa�of�e�ej�riy�.E.emd�s shall give ::.�:
<br /> �ower notice at the t�e oY er grior ro an iaspeetion sPecifying reaSOnabte cause for rbe iasyectioa- � ;.,.. � :::.:
<br /> . ,� . r ' ' 10. Condemnadon. � graceeds o4'an}t award or claim for damages,dir�a�car,sequencaE,:��?�a�'��Y ..,'. �. �.,`�
<br /> ' � coademaatioa or ather taldng of aay p�tx a,s!�:?�PropertY.or for cameyaFtse m lieu of caademoatiom,as�ia�s�+�p�air�;aa�sball
<br /> ;_;i • �� .,�. � ; ` . `' ,
<br /> . , be paid to l�end'er. . . ., ' . �
<br /> , , 1n fhe eveat af a tora2 tak�g of.du�•.�en�►,the praceeds shall F�e,�jpI�3 to fEe ssms s�,���lii� ��. . � ,,z
<br /> � i r� whetLer or not ther►dus.vc►�aAys'd�a`�:�u!uta Bomawer.In the eve�of a a�a�ta�cfn �rlse Fr��' u��ir�[air market '''`;: i�`� -
<br /> ` • � ,� ►.. � � `' 7rY1r� .
<br /> ��rtatt�l
<br /> r � , �.;� vafue ot ttte Ptoperqr ima�iati�+�i�I�r��alh:;�atdng is eqoat to a�g��tes t1�t�an�rsiu�'�,i�tlt��a�����Si?s Sec�uity �� 1i f{f���+���
<br /> ��."` 4 �,'�;�,?��`� Iaswmeat �d"retely before G'm�S'e,u�,ess Borrov�er and Len�der oi�erai�e agme i�s wxi�� i1��.�aa�d by thls , _ ° _
<br /> . ` ,.,t�'' Secutity Instrao�ent ahall be redased by tt��at of the pmceeds�Ttiiplir:d by the folioaing frzs�p�t:t��1[;e WtaQ aaawnt of tthe ti�r� �;��..
<br /> � � ' ;:;`,� . , sums secured immediate3y before�e takitcg.'d`avided by lb)the fair matt�et vahie of the Pmperty'm�ilui�ely before the tatdng. � ��_��'
<br /> . � e . u� :::
<br /> • Any balance shall be paid to Borrawer. In tha event of a panial taking of the.PropertY in wbPCh f&e fair market value of fhe :�`�:,
<br /> .<<:�t;��:
<br /> � . . . propertY immediately before the tatUng is Iess than the amount of$ae sums secured immeQiately before the tatsing.unIess Borrower .' ' ':. :1`�._ ..
<br />_ � aaA lender othernise agree ia writing or unless applicable law othera�ise pmvidee.the praee�Gs st�a�l be appliad�co the sums ,;.:��i;�.',`.i
<br />_ - • � secured by B�is Security Instnuaent arhe�s or aot the sums aze thefl dus. ,,
<br />° . �� if the Praperty is abaadoaed by BorrowEr,or if,after notice by lendcr w Barrower that the oaademaor offera to mak�an � � ;. `��•;�:
<br />= . . 's award or settIe a ciaim for damages.Bomsaer fa�s ro respoad to lender aithia 30 days aftes t6e date the nntice is�ven.Itnder is .
<br /> v'� � . � authorized w collect and app3y the praceeds.at its option.either to restoratian or repair of f�s praperiy ar w the s�mas sec�med by -_• - :-., . .
<br /> -- � . tbis Securiry Inswmem.whether or aot then d�e.
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