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<br /> . clrcyur�qanoa. Borrowar�dall aa rsxmdl wwo ar deWroy,darnye or�uMt�ntl�lly chmse 1he Property or�Itow the
<br /> P[openY �o de�cabrau� re�ble weu wd �ar e�cx+p�ed. I.�nd�r rrNy irupoct thc Property it the Prc,�eny u vrc�nt
<br /> or�odsMed a Iha lora i�ln def�ult. [.eader tn�y uka raraubie a�;tion to protect uid praerve n�ch v�ca.�t or
<br /> �bmdooed Pr�op�ty. Bamawer�ball d�o be iaAefwlt ItBorrower,durin�t!K loui�pplicatlon procew,awe m�trridly
<br />_ f�l�e or In�curMe lntonntion or e►Kemrnte to l.ctKier (or failed tn pmvide l,enatr wi�h itny tnateriel infomzatioa)
<br /> 1a co�ubctba whh tlie laa evideacad by 1he Note.fxiudlns,but aot limital to.repraauuiau oonoernlnj Borrower'�
<br /> occup�ncy of the Praperty a a principd raidenoe.If thl�Sxurity Iluuument i�on R lr�el�old, Borrower ihall compiy
<br /> wfth the provisloos of tlu lwe. If Horrower �cqulra foe title W the PropeKy, the leruehold u�d fa title tiull uot
<br /> bt met�ed uala�I�de���ca to the mer�a in wrltia;.
<br /> 6. C.ade�tia. 7he procsed� of�ny�ward or clnim for dutu�a, direct or conuquentld, in amnectlon with
<br /> �oy oondano�tloo ot ottur Wcing of�ny part of ehe Propeay, or for coaveyance in pl�ce of condemnation, an hereby
<br /> �ud�nod �od stull be pdd tq Lmder to the extrnt of the full amount of tbe indebtednas tlwt c+atWnt uapald under
<br /> the Note a�d tl�U Savrity Irutrumrnt. l,ender s1uU a�ply euch proceede to the reduction of the indebtednea under
<br /> the Note wd tbi�Saurity Iwtrumeat, fint to aay deilaquent amounu �pplied la the order provldal in pa�rapE 3,
<br /> aod tbaa W Pr�Ynxat of principal. AaY aPPliutbn of the proceod� w ttte princip�l a1W1 not extend or postpooe
<br /> tbe due date oi�he montbly payn�eaU, which ue nfernd to in p�ragnph 2,or chu�e the amount of wch �ymenu.
<br /> My eacoa�ptooeeds ova u�amount roquired to pty al ouutanding indebtodneu under the Note aad Wis Security
<br /> lnsinunrnt r�A be pdd ta tt��atity ]e�a11y eniiiled thereto.
<br /> 7. �t�d b Bar�o�e,c ad P�oiectian oF Isdrr'�Ris6tt ia tl�e Pmpexty. Bormwar abatl•paY tll.�crr�enunatal
<br /> or awnicipil c�es,ffap�u►d impoaitioaa tha an aot fncludod in Puagr�ph 2. Bormwer shald qs�Y tl�sc.s�bii�atioas
<br /> on tirne dirrctly w th eatity wWch is owod tbe p�ymeut. If fxilure to pay would odvase[y affect Y.�da't inta+eac in
<br /> : the Property, uQoa Isoder's requat Borrowa sh�ll proasptly fucai,ah tq l�dn,roceipts evjc�enciit� thae p�ymeats.
<br /> .. If Bocmwtr t�ila to imlce Weae ptymeats or the p�ymeata requlrec1 by paragi�aph 2.or�fqilt w perfot�,�ny,ot6er
<br /> � � ,'roovas�nq �od �roe�u cont�ined in thia Sxurity Z�ttrurnfnt, or l�cre Is a.le8� P�8 � �Y,:s!���Y
<br /> ��°ax Laider's ri�tat�ia t6e PropertY (auch a a proceeding in bwkniptcy� fqr coudemnation or w afforce'.�Rvrn or
<br /> n�ulation�), thar I.�eader may do�od pay wh�tever ie neoesauy to prntect the value of the Property �nd iender`� rjjhts
<br /> : in the Propaiy�inoludin�psyment of t�ucac,h�zard inauranoe and other Itenu mantiorwd in paa�raph,2..
<br /> i►qy auaunu di�bur�e� •b�r Lender undqr this pa�uraph duJl bocome an 'addition�l debt of Borrrn'v¢i aad be
<br /> ,'�CU�!�rl Fsu'.11�:c:�i!��! i..I�.�.'S''«.':S^�!!. �2��8l�.'!'.2`�i,!.°..�3i`..�!.tY`....t lIIfLS:.T! II2 liiC'(j�i Oi. �:1L�' it�i�-. i�iC:�
<br /> .,..�. �r . r� � a::�.:�u :,...�:r
<br /> u►d��� opti�a oiLaqdor..sq�ll be imuedisudy 'diic wd payable. �', ' _ ..i; :�.,. .:�'�,';:,;fr,;'. :�:
<br /> Borroiw�';:s1�11 pro�jitly.dl�c6u�e aey liea whkh ho� priodty ova thi� Saa�dty�Initcunaent unlf�;'BonoW4Q'.(a)
<br /> ' a�roa 1n wcitity b tbe ptyziteat of the obli��tion �ecau�d by tbe lien in a mmoa Oo i.a�der; {b)co�us . .
<br /> in 6oc�d faith rFse Ikn hy.a�!'feM• ro�inef rn�t QF j�,'li�:.. �,.�����ia�-��'����^.� �' � -
<br /> opaue to p�evnt tk eatoroeatent of tLe liea; or(c)�ec.�ua trom t6e holda of tbe liar�n �rearKat awfaqory
<br /> w Lader abocdinstioj the liea to thia Saa�dty Iwt�vment. if Lxnder deterndna t6�t �ny put of the l�roperty ia
<br /> subject w a ik�a ahi.c�mwy atWa prbcity ova IhL Sx�uicy Imtrumart. I.eader mry�ive HoeoMCr a notice ideatltyi�
<br /> t6e Uea. Barawa ahdl t�dsty the lien a take one or a�uce of tAe actiont ret fort6 above�vithin 10 day�of the:ivins
<br /> of notkx.
<br /> s. pe�dt. I.en3e,t miry ooiloct fea and ch�rsea e.tthoriaed t�y the Sec�re�ary.
<br /> 9. aorb I�r Aaoeleut�oa d De6R.
<br /> (�1 �- Leoder m�Y�exoept st limited br rejulatioot Lmed by t6e Secretary in tbe c�e of prymmt
<br /> delwlts�reqidre immediue PaYmau in tiill oi�Il wms �ec� by thL Seauity Io�twtmt if:
<br /> (i) B�rrow�a defiiulq br failinj oo p�y ia iWi�ny mond�Y P�Y� � bY WL Sacvdty Ia�tn�meot
<br /> pda oo a cn tbe dne d�te of tbe ne�a aaoetWY P�Y�� �
<br /> (ii) Bortowa defaulb by fdli►�.tor a pe,aiod of thjrty dry�.w perfor� �ny other obliptbor contaioed
<br /> ' in tl�t Saattity i�t.
<br /> (b) S�le Wftloot C�redit App�o��l. I.ada�II. if permiued by�pliqble lav(includin� �oaioa 3�1(d)of
<br /> We(iarust_ (ia�ruta Depo�itory Ia�tiwtioo� Aa of 1952,12 U':S.C.170]j-3(d))�ad Mit�the p�ior �pprev�i
<br /> of tLe Sea�t�ry, iequire immedLte p�ymeat in!�U of all wm� �ew�od by this Securiry Imtnm�t •iL
<br /> (i) All a pa�t o[t6e Praperty. or�bmeRci�i intarat in�uurt ow�aing�all or p�rt of t6e Anperty�..,is�dd
<br /> or aiher�r4e tnwtfared (od►a tlun by devire or de�ceat)� �od . .
<br /> (ii) 'I� P�opaty it not oaupied by tbe piurhaer or jnotee �h1t or her pcincipal taideaoe. or the
<br /> pua�ueer o: panc« a«. .o oavpy me PiaQacy, M,c ttis or 6er «edic 6� na beea ,pp;tivoa m
<br /> •000rdanoe whh the [equit�auaats of t�e 5ec�+�tey.
<br /> (e) I�b N��r. It cit+a�tmoa oxw th�t would pamit Laider to reqair� irtxnedi�te payuYOt 3ti tul].6nt
<br /> i.e�ader does oot require wch payrtKab. I.�adRt doa not rvaive iu rishb wit6 nspect W wb�equeat rvem.
<br /> (� ReSW�ioM d HUD Seaotarr. in nraY cira�tasoe� te�tlaHo�u isabd bY the Sec�uY wriU limit
<br /> I.enda�'s�u,in�be ca�e of paymeat de[aulls.w neguire im�aoedirte payrnant in tWl aod toreclae lf not pdd.
<br /> 'Ibi�Searit3►Icsuwnwt doa aot autbort�e s�oder�tioa or forocloaue if not pertnitted by n�ul�tioo� of t6e
<br /> �7•
<br /> (e) I�fo�tt�e Net laroied. Borrowa qrea t�t if c6i: Saurity lnaiumeat aod tLe Nau are not daamined
<br /> w be di�ible for iacuraooe under We Nuioo�t Nousins �1a w�;thia 60 DAYS iroaa tbe
<br /> dafe heYenf. Lndv e�uv_it its a�nti�vi n�emir' imnwli.�.. wr.......� i.. Rdi..s.0.. .,�.......a u...�i� e�...�...
<br /> — ---.-- ---- c—.--^ —-...._..�....'�'��' �..�.�,. ..�..... ...�.....�
<br /> Tn�t. A writtcn statanart�of aay air6oria�d �eat af the Sea+et�cy d�ted wb�eq�eat w
<br /> 60 DAYS ft+nm tbe d�te baroof� declinio� to ituu[e thii Saa�riCy last�u�t�ent mi the Note. �hall be
<br /> deaned aoaclwive proof of�cd indi�ibility, Notwith�tmdin� t6o fcxr�o;a�, this optioo may na be exa+ened
<br /> by Lenda wbea the unav�iL�bility of iu�urymoe u widy due to Leader's fiilure W ranit a mort�e inwraooe
<br /> pc+�mium w the Secnelary.
<br /> t��-�► n�op Tu�tr �
<br /> o.M+�+ sr�.,rR.c�oa��w Pa{e 3 of 6
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