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<br /> � � T.Protectlon ot Lsndsr'� Rights In the Prop�rly. It eorrowar lalls to pertorm th� covcnsnts nnd agreementa
<br /> ' contetned in thla 8ecurity Instrument,or the�e!e a tegai procaedp►g thnt moy slgniflcar�y afteat Lender's dghts[n tha PrqAe�4y(suah as
<br /> ' • . a prooesdlnp In bantcruptay,probate,tor condemn�Uon or forteilure a to enforce lawo or re�ulsUana),then Lendar may da nnd pnyr tor .
<br /> whntever la neceasery to prote�the vatue ot the Properiy end Lender'e�Ighta in lho Properlr. Lander's aotlana rttayr inqluda pAy�ng
<br /> ' eny eume eeoured by a Iien whlah hna p�lodty ovor th�e Seaudry Inetrument,appeadng In court,paying roasonabia eltqmay's�aas and�
<br /> enietlnp on the Prop�riy to mako rcpatrs. A►though Lender may tako aotion under thlo parogmph 7.Londer doas nqt finvu tq da so. Qp
<br /> � Any �mounta dlaburoed by Lender under this paragr�ph T shalt beaome addiUonai debt of Barrower securad b� thla 8aaudty
<br /> • ' Inetrument. Unte�e BoROwer nnd Lender egme to other :erma oi peyment, these amounte ehall bear Interoet trom tha date of�
<br /> �• � disbumement at the Note rete end ahal{be poya6io,wlth IntcrQSt,upon notico irom Londcrc to Benowor rc3quostinp pc+yment.
<br /> � : 8. Mort��q� Insuranca. If Lender requtred mortgnge Insurance ae a condidon of making thQ taan sacurc►d bp Uifa 3ecurfty�� �• ��:
<br /> �i Inatrument, 8orcower sha�l pay the pramiums required to mnlntein the mortgafle tnauranoo in etfeot. It, tar any reason, tba marcgage ��r;
<br /> Insurance eoveraye requlred by Lender tepses or ceases to be In ottect,8orrower shs�i pay tho prvmiums roqulrqd ta obtain coverege ,ih_._
<br /> �� substnnttnily equNatant to the mortgege Inaurance previousy In eNect,at a cost substantla�y equtvotent tq the coat ta BqrrAwer of the '!. -
<br /> `��' `"`�3 mortgage Insurance prevlousy in etteat, from an attemate mortgage insurer epproved by Lender. Ii substenttaly equNmtant mortgage �f
<br /> " � tnsurence coverage ts not avaliable, Borrower shaii pay to Lender eaoh month a aum equoi to onc►�twetlth ot!ba yQariy mortgaga �'°°
<br /> 1�:-
<br /> : � insuranca premtum being paid by BoROwer when the insurenee coverage tapsed or ceased to be in etfaat. Landur w�l aecepG use and '�,.
<br /> rotatn these payments ae a loss reserve in Iieu of moRgage insurance. Losa �eserve payments may �o longer be required,at the �
<br /> . ", opilon of Lendac, H mortgage insumnce coverage pn the amount and (or the pertod ihat Lender roqulros? provlded by an insurer Ei<<�
<br /> approved by Lender again becomes avaQable end is obtnined. Borrower ehsll pay tha promluma requlred to maintaln moKgage !?=°-
<br /> ,� • _-
<br /> insutance in eHcct or to provlde a loss reserve, unUi the ►equirement for mortgage Insumnce enda in aaoordfu►ce with any writtm n-�__
<br /> ' . , � egreement beMreen 8orrower and Lender or epplloabte law. �:-
<br /> 9.In8�ieGtlon. Lender or fts agant may malce reasonebla enMes upoo end Inepeorions of th�F►vpeAy. Lertdzr shep gNa ��,�__
<br /> � Borrower noUce et tha Ume of or pdor to en inspeotion specSiying reasanabia ccuaa for thn tnapeolfan. ?'+=-
<br /> 10. Cond�mn�tion. The proceeds uf any awazd or cialm tor demages, diroot or consctquential, in connection witM eny �;° .,
<br /> condemnaHon or other taWng of any part ot Me Property,or for conveyance in Ilau of oondemnettan,are h�reby assigned and shat!ba 4'•��
<br /> � . � � � i:.;;;.
<br /> ,, s, . paid to Lender. �'``
<br /> ' In the ernnt oi e toffiI taMng ot the Proparry,the proceeds ahe0 bo appAad to the suma seeured by this 3ecurity Instrument, "°
<br /> ,�:;y,.. , «,.;
<br /> :...�F� . whether or not then due,with any exce�s paid ta Borrowar. Irt the eveM o}a pertiul ffiktng of the Propeity In whteh the talr market
<br />.`.,t��¢% vetue of tha Properry Inunediatety betore the taidng fs equal to ot greate� than the amount,oi the suma secured by thls Seauiity {`�
<br /> t,i,-`
<br /> ' Insdument imm e t 8 a t e t y b e bra the telctng, unless Borrower and Lender athsnvise agtee fn writing, tha sums secured by this 3ecutity --
<br /> Instrument shali be reduoed by the amount ot the proceeds mulHplted hy the tol.owing fmclioo: (e) the totei amount of the eums -
<br /> . aecured immedletdy betore the teking, dhrtded b� (b) the falr market vaiue vt tbe pcoperqr�mmediateyt before the taWng.My balanca
<br /> _� .'� 3 +� ._�
<br /> shafi be pa[d to Barowor. tn tho evcnt of a parBs!tatdng ot Uee Property!n whiah tha ittirr market va{ue of the Property Immediately
<br /> befare the ffikin9 is less than the amount of the sums aeeured immadiately befara the taSsUlg,uMesa Bortower and Lender otherwise
<br /> ;�j..�'•, egtea in wrii6tW�g or uniesn appRi�Lirs iavr atis�v�!^os �ravld�.2lse�s sR�L!+e sR��ed to thn ��mn aecured by this Security �,�'
<br /> • � Instrument whether or not the sums are then�e. - �
<br /> ` ' tt the Property Is ebandoned by Bortrnver,or if,atter noUce by Lender to BqrrawQr thst:tha caodartmar offets to meke an awerd or
<br /> ��'� `�`, settle a deim ta�dnn�ages� Bomower teils to�espond to Lender wfthin 9Q�duys eftar tlta•d[tte the noUc� ts glven,Lender is authorized
<br /> ...r::S.� ''�^� f • M......r..��• N� a..N.�Ow�...L.. _
<br /> !'-���f'?j''�= -+, t�CO�BCt aTld 11�ry Q18(�I'OC88CS�HZ IIB O�OtI.8llfl�LO fE78[G(3LL{ql v1 tojiitii V�.HIQ ��.+Many v� �C��w cw�7wa .'�wric�i v� r .n.w�w� _. .
<br /> '` a`� Instrument.whether or rtot Men due. �_::
<br />'r;_�`z:.�_;4;,�.� --
<br /> `'•�� Unlesa Lender and 9ortpwer othervrlse agree In wrking, nny eppRcatlon.of proceeda to pdneipal shall not extertd or post�wna the
<br /> �r,�'�'���?��X due date ot tha moRthy paymeMs relerted to In pare9raphs 1 end 2 or ahange the amounl of sueh paytreeme.
<br /> =-=����t�=x�t-� � 11. Borrawe�Not Relsased: Forbearance By Lendar Not a Watver. Extenston at me �me ror payment or
<br /> �-: n .w modiftcatlon ot emortlzatlo�of the suma seaured by thts 3e��dty Instrument granted by L.e�nnder to eny successor In Intr,�est ot Bomower
<br />_��;�;'�f�.i,�� shal!not operate to retease the Ueb[llty of the odglnel Borrower or Bortowe{a suecessore b IMeresl. Lender ehall rtot be nequlred to
<br /> '�-Y, corrimenee pnocea�ngs againat eny successor fn hitecest or r�'u�o to mdend tlme!os psynrent or.otherwise mod'ity ammritratton o}the ._,_ _
<br />_._-�=-:;;;� g� s�� py.thls Seeudry Inabvment by roaaon of any demcnd made by the ortg1nal 8orrower a Bortovier's sua:easors In
<br /> -��''°'y� Mterest. My torbeerence by Lender In exerclstng eny dght or remedyt shall not be a waNer of or procfude the exerdsa ot arry dgM or
<br /> ��:;..c;a,�F,�� '
<br /> ._- �"'=� �2.gWaessasors and Asaigns &wnd; .taint and Saveref UabllityP; Co-slgnara i'he covenanse and
<br /> �':c•��_t,. agroenema of Mb Seauily Instniment shaq bfnd and�bea�fit the successora end asslgns ot Lender and Bomower, subject to the -
<br /> _•� �.�F., ---
<br /> ��`?`-' '''` provlslons of pa�agraph 17. Borrowe�a covenaMs end agreements shall be Jolrrt end soveral. My Botrower who caslgns thls Securily
<br />-_ - - InsUumant but does not execute the Nota (� Is ca�stgntng thls Securliy lnstrum�n ony to mortgage, g�an� and corney that __.
<br /> --'��. ..
<br /> �:=�.�,,,e� Borrower'a Intereet tn the Property under the terms ot thls Seauily Instrumenx(b)Is not personaty obllgeted to pay the sums searted
<br />_�r,�_�
<br /> �-�-y�tr�;�� py thts 3eauity Insdumer� end (c) agrees that Lender end any other Botrower may agree to e�daid, modiry,forbear or mek@ eny
<br /> __—�_',_�,� axommednflons with�egard to term�ot thls Secxuity Instrument or 1he Note without that Bortower's eonseM.
<br /> :�.�==�z_'---�� 13.I.q�n ChatgAB. H the loan seoured by thls 3earrtry Instrument Is subjeet to a taw whlch a�s maxlrtium toar► cheuges,
<br /> '-=_--:�r��--. . end Ufat law is ftnally IMerpreted so that the Interest or other loan ohargea collected or to be ooQected In connectlon wlth the loan
<br /> ,:-,��,,; ; exc�d the pe�mttted pm(te,then; (� any such loan eharges shaU be reduced by the amount neoessaty to reduce the che�ge to the
<br /> `�~� :• -,..:. . � pem�lfed Iind� end(b)any sums eUeady eolle�ted fram Borrower whlch exceeded pe�mitted Ilmits wUl bo returtded to Bo�rower. lendar
<br /> � ' may choose to meke thls �etund tsy redua�ng the pdnclpal owed under the Note or by maldng a mrect payment to Bortower. M e -.-
<br /> reNnd t�nduees pdnetpnl.the roduqton wAI be treated as a partlel Prep�+Ya►ent without anY prepayment charga under the Note. ��;:�--
<br /> .���..
<br /> � �, 14.NO�NCOS. My notice to 8orrower Provtded tor fn thls Sacurfry Inatrumeni shatt De gNen by deL'veting tt or by maping�by --
<br /> �,��.,�. t(rst dass maU untess appOcable Iaw requlres use of enother method. The notiae shap be dlreated to tha Property Address�aay
<br /> �•.
<br /> , other�:ddtuss Bomativer deslgrtates by rtoUCe to L�der. My notk;e to tender shaU be ghren by flrst clnas meil to LendePs addresa �
<br /> ` �; atated hereln or any other eddresa Lertdc�deslgnatea by nottoe to Borrower. 11ny notice provlded for in thfs Secudtyt tnetrument shall
<br /> , . bo deonted to have been gHen to Botrower or L�der when�ven as provided in thts�areg�aPh. --
<br /> ' . �•, 16.Qoh►�Pntrtg Lsw: SeverBbllit�►. Thts SecurPty Inauumem shap De gavemed by tederel law and 4he taxr of tho --
<br /> ;•� ����n{,n ��tho pmpeity Ia;acafed. In the event that sny pravislon or dause ot thfs Secutlty Inatrumer�or the Note cot�Alcts _
<br /> �rr".'_# wlth eppllcaD.e Iew. such conffiet ahall �ot aflect othef provlstona ot thts Seaurtty InsWmeM or the Note whlch aan be gtv� ettea2 �:::-
<br /> y�Y..�._
<br /> _' � MfhhoUl�te COT1�Qf�11g pf0Y15Ion. To lhts 811tl t119 p�0Y18tons GI FIIS aeamY inawme�ii eim'a�o i��iw mv ww.w.v w oo.o.ainv. __
<br /> • •- 16.Borrower'e Copy. Botrowet shaV be gNen one contortned copy of the Note end of NIa Seaidty Insttument •
<br /> 17.Tranater of the Properly or e Beneficlal IMerest tn Borrawer. �t �Ii or any part ot tne Property or any
<br /> � U►tere.at 1n ft is so!d or transterred(or H a beneticlal tnterest In Bomawer is sotd or transterr�d end Borro�Ner is not a natural person)
<br /> • without lender's prtor wrttten consent, Lender may,at ita opUon, requira(mmedlate payment fn tuU ot atl sums seaired by thls 8ecurtty
<br /> InsbumeM. Hawever,thls op2ton ahall not be exerdsed by Lender B exerdso Ia prohlbfted by tederat law es of the dflte of thls Se<xutty
<br /> Instrumerrt.
<br /> ' � � M Lender exeretses thls eptlon, Lender shall gtve Bomower notice of acceleraUon. The noUce shall provlde a p�iod of not less •
<br /> � than gp clnye from the d�the nottoe ts de!ivered or malled wtthN whleh the Borrower muat pay ell sums secured by thls 3ecurtty
<br /> ' � Inatrumen4 It Borrower tails to pay theso sums Pdnr to the e�lratlon ot thls perlod,Lender mny Invoke eny oemedtes pamltted by thta
<br /> Seeurfty Instrument wtthout fuMer noUce or demand on Borrower. Fom+3o2s 9190 • ,"
<br /> ' F1028.LM0(1C/81)
<br /> Fapo 3 ot 8
<br />- -.�- -_-1 ��:
<br /> � 6980038 � _ -- �
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