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<br /> ` - —_ _ _ Y _ .C'_ - " __ 'G- ti. �c _ � __ _x:R._
<br /> '..'°": '— . . . . . . _ .._ '--'='i ._ . t .- . �.- .'--, --4 .
<br /> 4 •.�� �. vu . ,S� F. ` - s' � � � '. .F . •'� :.t`6 �,.� C��-��
<br /> (`. •�� .. ,�t ���. .�,:F <F. _ _ .0 `, +f J�' , _.. ,.� .fu 4 w>l.�. . .`s.
<br /> . .,`, 9ortower amll �auch o d�utt end reinsmtE►. ns provldad I� para�ayh 1@. by c�tusing the actlar+ or proaeaQing to ba ; ' _ •�;��
<br /> ` 3
<br /> : . �smis�sd wltt�a ruGng thnR i n L e a d e r's g o o d tafth d�ertn[naUon.Pre�udas torteitiuue ot tAe Hortower's interest In tha Property nr k •,.�';:-_:
<br /> `' ?` ` ^ other matedal hnpalrtnent ot tt►e Qen created by thts Sacwfty tnstcume.nt or Lender's seauicy intecest. Botrower s{ta0�so be i n u
<br /> ' � ti i dt�utt 8 Bor�ativer,dtutng the toan ePPti�on procas�.B�ve mateAally f�tse ar inaccurate tntom�ation or at�temerrts to tesder(o►
<br /> teftted to provlda Lmder wfth etry �atedel tntom�ation}tn eonnection with the loan ealden�ed ay the Wote. Ine6c�n9.�ut not `- ``
<br /> � � t 8ortaw�ts ocwpancy ot tAe PtoPeA}I as 8 P�Indpai cestd�ee. H tNs 8ecudtY� � .�
<br /> . 6m�ed to, reptesertatlans eoncemtn9 f�tttta to th . .:;`• .
<br /> ` ` F tr�sUyment ts on e teaseAold. Bonowwer shaD oe��lt���pT01�tare ot the tease. tt 8o�rewe►acquUe9
<br /> ° to the merger in wiiUng. � ���`',• . ',
<br /> • �DeRy,t he t e a s e Q a t d and tho isa ltEle sha0 not m�ge untess Lender agrees . . ,
<br /> , �' :, �`��f°�:� 7.Pro3edlom o4 Lende�s RigMe in tho Property.e sm�ower tatis to Pertortn t he c o v e�a�+t s a n d a�e�n�ts�
<br /> .. S� afteet Lenders dghts tn the Prop�
<br /> � >: corAaireed tn Uils Securdy►U�strumaA. or there ts a le�i prac�edtn9 thai a�a7/ �i��l►
<br /> , (such as a proceedtn9 tn bantaupb�fi Probata.tor eondemnation m forfe�ure ar to edar+ce�ws or regutations),then Lender ', .�� ',
<br /> I • Ho and pay tor whatever is necessary to Ptotect the va�ue at the Prop�ty and L�►der's dgMs in ffie Prap2rty. l��d� VaY� � " ' : .
<br /> ' . '� any sums secured by a Qen which has pdnrity wer thts Security Inst►ument, ePA�9
<br /> �..�,.-•-�'^: may tnc�de Payln9 Arthougfi Lendw may ta�ce actlon under tNs paragreAh .��
<br /> t.==--,r.-��" �easonable atmmays'tees and erterirtg on the Properiy to make rePaT►a :
<br /> �t► `-.�
<br /> ' �.L�der does not have w do so. p$� 6ecome adddlonal debt ot Bortaw�r secured bY thls sEC��Y "
<br /> - :.°^�. qry������by�nd�und�P�� these amounts sha0 bear 6�1�m�e�e � .
<br /> •'Ctit..-:: .:i.R� �<'
<br /> , - Inshum�t Unless Bortawer end Lend�egree to �t��o�� ttom lendv Lo Bortower requestlng Da1►ment , .°
<br /> �Ssbttrseme�t ffi the Nate[ate end sha4 6e payahle. :�_ �-. :;
<br /> • �. �oiRQ�$0 ��ISltPBRC@. if L�der reWlred mort�9e �surance as a cond�Wn ot maldn9 tha loan secur�ed by thi,s :t ,�`-,-
<br /> S�rt[yr InstrumeM, BortawEr sAaO pay the premtums required ta mainmin the modgage insuranca tn efteei H,far at►y rwason,the , .,.
<br /> �' L�der(aps� or ceases to be in eftect. Borrower sha��y the premTums requlred to �,.� �;,`
<br /> `." ' moRgage tnstsrence cov�aga required t►Y sd to Yna f. --�.
<br /> �`=� to the mor�ga insu�ance previousty in eHect,ffi a cost subs�ntia�►�+� _ < ,� -:
<br /> < % '_.:t< r.:; obtain swverage m�starttlaIIY�quN� 0(nsurer approved by.La�d� tf � - -.
<br /> L
<br /> .:* .' cost to Borrovrer ot the mortgage insurartce prevlausly in eifect. iram an eftanate mortga3�der eeacD�mor�l►a sum equat to .+.��
<br /> , ::,? Substanyally equNatent mortgage trfsurar►ce cove►age is not avaIIab►Bamower when Ute insurance co��age tapsed or ceased to ; r':�
<br /> �-,.`"i;�� onedwelRh ot the yeaAy martgaga ins�uance premtum befn9 Peid bY f-,°'..�
<br /> te in etfesi Lsider wID accepb use and�in these paymarts as a loss reserve in Ueu of mortgage tnsurance. Loss ceserve
<br /> ,. �.,. ..
<br /> ,.=. ` at Me option af Lender.it mnrtgage Nsurance coverage(in tite amourd and tor the period �'` �
<br /> �• ',.�-, p�y�nmrts may no tonger be tequfred.
<br /> - that l.end��eq�b�s) D�ov�ed by an insuret aPPraved bf►L�der again become.a avef�bta end is obtein�. Borrow�sha0 Pay (
<br /> e
<br /> - ' �<;'`, the P����tn mafiffi6� cRCms'q���ce in eftect. or ta pmvlde a loss reseve�unUl the�equirsaent tor mortgaga ':. >
<br /> ��%i insur�a�s1s in aexocdance wfth atg�w�11Za+aqre�net►t between Banawra and Lend�or app�wbSa faw. �der shall gTve -
<br /> - . = ' ..: $�g�ttOta.t�nde.r or its eg�mit�I�Rasonabte�'�s upon and[nspectlons ot the�enperty!. r ,,
<br /> � . ,, � �. Bor�as nafi�ai ths�ra ef or prior to an tnspectlon sPect�l(n9��le�use frrr the 6ispect�ii. ;.,-,:�;
<br /> t �irzct or consaQuer�Tal•In wTmeCtton wRh ang
<br /> :,,r;d;.' • • r�:; ati�cr datm tor dama9es. �".
<br />-�`=R"�'-7�:� •'��.• ...� 1�4$IIS���s.The proceads of any ce in Ifau af condemna8on.ere h�y esstgned and `�'';
<br /> ,::;1,�>.;:� .:�;;;; prop�or ior conveyan �:*�.
<br />!:`;-,; ,_.�r•, cond�ti�at c"...r�r s��01 arry part ot tfie � �
<br /> : 5�,. , :• ; �jt� .
<br /> :�, .....5/r.i��i�r`'r7 5fi8D�'2�1�LO L41"�,..a ��::�,.
<br /> 9ie proceeds sha� be applied to the sums secured by ffiis SeaREy <�-r..
<br /> -`•/'p� . �e t'he�ve+.t d a is�l takln9.ot the Prop�ty. of tlte Pm{le�i}r 6►which . � ._,`
<br /> '.'�- .:w:.: .;,'r
<br /> .i. l.�'.,.,�+q�� BKLESS�t0 BOI10W8f. III�18 effBR!Of 8�I�81�11� ��ti: �
<br /> .',,::'•t,:;;�':,'r�;!• 6'sS'��.1I�r�`r.��l Stsl t�ten Qlie.{Nllh Stryl �....
<br /> :r;;�;'?;`.��;;;;%;::';q�:'.� tha tah r,.�.��i va�.�a eY'�+.he Property irtune�IY 6etara the m1dn9 ts equal to or grea�than ths emouM ot the sums seoured -
<br /> ��...,��
<br /> -'.�5'ilr�-'�`'•:'��5(•:-.f��3;°,,' by thls Saa�llf �� immadisi�f bafore the tatdng. unlass Bortow�and Lender othe�wEse agrea in�,'tha sums rawr_,,..
<br /> r.�, �%�:
<br /> .. : rZ;;��;? seatred by ffiis 8eeutftq Instrumetrt s.*•sU be reduced by the amoutd ot the pmceeds mufUpQed by ihe toQawing fl�actlan: (a)tha �°'�,::.�
<br /> . ��``�:t� totaf amourt of the sums sewred immedtatelY betore the taldng. dtvided bY(b)the talr market vah�s of ffia PtopertY(mmed►ate1Y . �_�_-
<br /> • •;', , betare the�Idng.An1►bafance shali be pald to Bartower.tn ths evern ot e p�tJai teSdng ot the Property fn which the telr maricet ---
<br /> ` irtanetIlatety before ttie tsklt�g is tesa than the emount of tPte sums secured tmmedfstety b8fore the teWng. ��T�__
<br /> � vaNe of the PtopeKy ��.�.
<br /> . �..(�. ..•'., �: uNess Bartower and Le�der otheiwtse a�ee in writing ar uniess appOcabte taw othetwlse proviQes. the proceeds sha11 be � -
<br /> _ �ptted to tfie sucns seaued by this Securfry Insbument whether or not the sums a�e then due. - ---
<br /> t1 the Pro�rty is abandoned�y Borrower.or i�after notice by tender to Bortower that the condenmor oHera to make en �--.''
<br /> . . �ndrer ts authoAzed to coQe�d eP N pe mceeds��its�Du n efU��o reato tido or cepeh ot tha PropertY e►toY11�e r�•a}
<br /> . . • � �
<br /> � '' sums sewred by this Secudiy tnsUUmeM.whether or not then due.
<br /> . . '`:��.`• Uniess LenQer end Bortower othervulsa agree tn wrlUng. aay aADOcaUon o1 proceeds to pdneipat shafl not extend or �,;_L
<br /> , po�11e�or ocvai Nat Release�F rltestence 61/ Lender Not a WatvergExtens8on otthe tim v���* -�.
<br /> modiflcetton of emorthatton of the sums seaued by this Securiry Instrum�mt�anted by Lender to ergr suecassar tn interest of
<br /> �� .•. �� Borrower shaU not operata to reteasa ths Dabifity of t$uo�g�na1 � ���aB0�8� �d�ima t r paymait ar�otl►enM e _
<br /> - , be requhed to eommence ProceecQngs a9alnst arry — _
<br /> � • modi(y emoAimUon o!the sums secured by this Securfty Inshumertl by reason o1 eaY d m��shaD not be�a ewaiver ef or
<br />- . ` ,.. •,� Borrowet's successors in (nterest. My to►bearance by Lender tn exerdsing er�►d9ht ��-
<br />- � � prectuQe the exercise af any Aght or remeQY• ��":_._
<br />- � •� 12. Successors end Assigns Bound; Joint and Sov�ral LdaDtlit� Co-signera fie covenanta en� -- ,
<br />- �� e�eemertts o}1�is g�rfry Instrument sfla0 bind and bene5t the sux�o�s e�d assl�s o1 Lender end Borrower,subjeet to tha �,_
<br /> ' �t. . provisions of paragre�t�17. Borrowers covenants end a9reemems shaU be JoiKt�d severeL My Borrower who co�tgns th[s � -
<br /> � ' gecurHy tnsWmerri bui does not exearte the IYet� (a)is co�sf�in8 this Seeurity tnstrument oniy to muRgage.�arA and convey --
<br /> ... �r ,... � .,-..
<br /> . .-.; . . that Borrower's irterest tn the Pro�ertY under the tertns of this 8ecurity tnatrumecs� (D)is not�ersonalty ob4gatad to pay the � _
<br /> ' . s tbeer or rrc�ke arry accom�mo�da�ie�ith rega�0 to the t rms ot thts Securtry tnshu em oRr the lYote w�out that Bortewe s � .
<br /> • :,.• fo
<br /> �:�
<br /> � ' conseM. �
<br />- ' � 13. loan C9�g88. B the loan secured by thts Securityr InstrumeM is subje�t to e taw which seta ma�Gmum loan �`
<br /> �h��� �d�at tamr is ftnepyr trrterpreced so that the Interesi or other toan charges coQeeted or to be coQected tn connecNnn
<br /> � � with the toan exceed the pem�tted Umfts,then: (a)any such taan chacge shalt be reduced Dy the amount necessaq►to.reduce
<br /> the char+ge to the pem�itted�rnit• end(b)enY sums aUeady coVected irom 8arrower wAich e�cc�eeded pertnitted Qmits vrUl be
<br /> � � . • retunded to Borrower. Lender may choose to make this�etund by redudng the pdndpal owed under the Note o���makin�
<br /> � I�'' direct payment to Botrower. (f a refund reduces pdndPai• tfie redudlon wiU be Veated es a parttai prepaym
<br />_ ' . ���•�� prepayment charge under the Note.
<br />• '�,. �q� (1pt(CAg,My nollce to Borrower provlQed tor in thts Sewriry tnstrument s�a11 be given by deUvwtng it or by msIDn9 it
<br /> py ffrst ciass maU untess applicabte taw requhes use of another methaa. The noUce shall be dtrected to the Piroperly Addresa _
<br /> ' or any other eddress Bottawer desl�ates by noUce to Lender. Any�eUoe to Lender ahail be given by ifrst ctass maU to � -;
<br /> - Lender's address stateA herein or erry other address LenCer designate9 by noUce to 8orrower. My noUce pravided for tn this
<br /> ;; • SecuAty Instcument shatl be deemed to heve been givan to Bonower or Lender when given as pcovided in this paragraph.
<br />� ; „� . . 15. OOVO�t¢og L.Stiv; SeVertib1164y.This Seauity Instrumertt sheD be gcvemed by tederal iaw end the Iaw o1 the
<br /> jucis�ction tn which IIto ProP�Y���Ed. tn the event that eny provislon or ciause of thls Se�vrity tnsWment or the tVote
<br />- • ; ��:��f:,• '� coniLcts with appltr.�:te law,such confOct shall not aNect other provlslons of this Security Instrumecn ot the IVote whi�h cen 6e
<br /> i,,:�,•. : giyen�(t�q wflhout Lha conlOcUng provision.To this end the provlsions o1 this Security tnstrumer�t end the lVote are declared to
<br /> be severabie.
<br />- � 16.B01'f�trs4ds COpy. Borrower shaU be�.�ren one cantortned copy c.f the Note artd o!tfils Sea�Ty L�strument .
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