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<br /> �r.,�r-�r�i��� � . -- -- —
<br /> � � �8~ ilo53o
<br /> ' circumu�aoa. Bormwer �hall not oonmlt wa�te or datroy.dutu�e or wb�taatl�lly chan�e thE Property ar dlow the
<br /> Property a deterbnte, rea�on�ble weu�od teu exce�tad. I.en�kr may iiupoct t6e Propeny if the Propecty l�v�cant
<br /> or�bmdoe�ed a tbe law it ia defiwlt. L.a�der nrny ute re�oiuible �etlop to prc�tect md preurve wch v�caat or
<br /> aba�doned Property. Bortower t�hill�Iro be in default ltibrrower,durla�tl�e lou�appllcatbn proair, ��vo nnueri�ily
<br /> td�e or in�ownMe inlomution or rutemaue W L.ender(or fdled to provide l.ender wjth�ny mueri�l infomu�tloa)
<br /> ie oonr�ectiaa with the!wn evldenced by the Noto, including,but not flmited to,repr�entAtiona cnnceming &�rrower's
<br /> oocup�oc.y ot We Property n a princip�l rakteaoe. 1t thir Secutity lnatnunent i�oa a ieue3wld, Borrowa�hall oonq�ly
<br /> with tbe provbiau of We lwe. Jf Bocrower �cqulrcs tee tl►le to the Property, the leasd�old u�d fee title �hall aos
<br /> be mer=ed udea I.ender ajrea w the mater ia writia�.
<br /> 6. G1o�de�tio�. 'itie prooeed� of�ay�wu+d or cl�im for dam�e�, dlrect or ooneaqueatid, in cow�actloa with
<br /> any 000demouloo or other Wcin� of�y put of the Property,or for wnveyaace Ia pl�ce of oandernouioa, ue bereby
<br /> �uel�aed aad�hall be p�id to i.snder to tlu eata�t of tho lull amount of the lndebtednesa th�t rcrroins unpdd unda
<br /> tbe Note imd thi�Securlty inucuma�t. Lender ihall apply �pr000eds to ttu reduction af the ia�kbtedneu w�da
<br /> the Note �od thii Secudty In�nimmt� fint to imy delitquent u�aunb applied in tbe otda provided in p�r�aph 3,
<br /> md thea w prcp�yn�eat of principal. Any application of tbe prooeedt to tLe pciacipu( �lull not extc�d or p�tpone
<br /> tbe due date of tbe monthiY WY�q� wWch ue retared to la pu�r�h 2,or clunge tbe nrrwunt of such paymeats.
<br /> Any exoa�prooeed� ova�n nnount requlred to piy �II o�tstaadln� indebtedna� uader the Note wd thi� Securicy
<br /> Io�tnunmt �hall be p�id to t6e eatity IejWy eatitlod twaeto.
<br /> 7. �p 10 Bo�:ower aod Ra�eelioa ot[.zader'�R�ts io ihe Prope�ty. Borrower�h�A pay di governunrntai
<br /> or muoicipal cbar=a,fine�aod impo�itioru that u+e not includai in pu� 2. Borrower rha11 pay tt�obliptioo�
<br /> aa dme diceWy to t4e axity w6kh ia owed t6e pwyaiau. If hilure w pay would�dvasely ai1'ect l.eader'a interat in
<br /> tbe PrapertY, upoa l.mcter'� requat Borrower rhall Pron�tlY lt�miah to L,ender rerxipts evidmcin� t2we p�yi�neats.
<br /> If HorroMer fiilr w mdce tliae Wris�ats a'the W�m�t+ nquired bY W�i� 2,or fi�il�w paform any aher
<br /> ooveaaott yad aaraaneau enntaiaed 'u this Secudty Ioacument� or there i��lepl Prooeedin,� Wat may d�nificaauy
<br /> at'lect LRnda'a rl�6u in tbe Prepaty (nxh a�i prooeedin� in bmi�ptc,y, for oondpau�on 'or w mtoree laat or
<br /> r�uLtiaa)� thm I.ender may do�od p�y w�hateva i�neats�ry to pm�ect tbe vdue of th� Propaty �od I.eoder'�ri�hn
<br /> in tbe Propaty. !aeludio� WYment o[wca,hwic+d fneiu�na aad otba item u�,atiooed in ptrasr�ph 2.
<br /> Any anountt di�buned by La�der under thits piu�raph �11 bccome m �dditlooal debt of Borro�ra �nd be
<br /> •eaired by thi�Seauity Inttiva�eat. 'lbae �mouets �hall bar intaru fmm the d�te of ditbu:saoeat at tbe Nae ratc,
<br /> �nrl �t tM _tMtinn nf IxrIK �hall }r.frmrwliatriY �_r. �rl �,rysfilw.
<br /> Bocm�ver ah�U P�'omQt1Y diuh�rse any liea M6ic�t ba prbdty ova thi� Sa,vcity 1�tnmdmt unk+a BorroMa: (�) �
<br /> sireer in�w tbe piyineat of the oblip�tion �eaired by tbe lien in a m�ma sooepabk to L,eader, (b)oonteus
<br /> in�ood taith tbe lisa by�or dd'a�d� apinrt eaforoa�eat of tbe;li�ea in,kpl Prooeedin� w�6ich in the I.endcs's apinion
<br /> c�pa�e to pn.weat tbe eafo�a�neat of the liea:or(c) �ecure� fi+om tbe boldrr ot tbe lita�n q�eeme�u �atidacto,ry
<br /> to I.�xfa �ubordW�tiog the lka�w thl� Secudty Intrwn�t. If LRader deta�mines that �ay p�t of the Propercy is
<br /> a�bjact w a Iir��vhic�mry�ttain pdority ova d�is Seauity Jnurwndnt, I.eader mry�ive BarowKr a nwioe Wmdfy[q�
<br /> :' tbe tim. Batow�er ihall atisty the lka or W�e aoe or moc�e of the�cxioos ut fonh above Mttbia 1Q day�of the =ivbu �
<br /> o[notioe.
<br /> •.' Px.. LRaaa m.y oouea fa,�oa c]ur�e.�uteorizea by tb�e secntary. . .,
<br /> 9. O�i �or Aoode�Naa d Dabt. .
<br /> W Dedlt Isoder mry�exoept �s lindtad by�ulatlaos iis�red bY the Saret�rY in the caa of Wyna�
<br /> defi�olor. requi�e inmedl�te prymeat in Aall of dl smns �ewred by tLi�Security Imarumeot if: .
<br /> (i) 8drrower det�do by idlla6 to pay!a tull any moothlY WYmeat requirod by tbi� Soc�rity Iatt�uraat
<br /> p�or W or an the due date of the nau m�oMhly PaYment, cr
<br /> " (i�) Barow�ec detwla by failic.g.foc a peeiod af thirty d�y.�to paioma �ay ot6�obliptiom ooaWaed
<br /> ' � in thi� Seaaity �nt�ummt. .
<br /> (b) Sde wiiio�t Ciedit Appnttd. Laukr th�l� iipamitted by applicaWe Inv(iocludlni �O.u1on 341(tq of
<br /> tLe G�rn-St. Gam�1n DeQaitory Inatiaaion Aa of 1982,12 U.S.C.1701j-3(d)) a�d MIt6 t�e prior�ppuvsl •
<br /> ot t6e 5ec�et�ry. c�equire iemdiat�e p�rment in il�il of�Il� �ecu�ed by tbi� Seauity I�mmumeat if:
<br /> (i) All a pat of dfe Propaty,or�beaefia8 intete�t ia�trua ownin�all or pat of the Propaty. i��oW
<br /> a a6a�vi�e uao�faiod fodfa tlun by devi�e.or deeaat). aod
<br /> (ii) The Y[opaty u not ooc�pied by t6e pu[rti�er or p�otae �e his oc ba ptincip�l raldeaa� or the
<br /> p�u+r�ieer or �r�otee doa a occupy the Propnty� but bic a ha ccrdit lw aot bea4 �pproved in
<br /> �000nlaoa with the requiremeats of tbe Seaexuy. .
<br /> �. (c) No Wai�ar. If ci�vmaaooea oocur that wroWd�tdt L,eader to requi�e laomedWe paymeot ia fWl.:but
<br /> , I.eoder doea aot requi�'c a�WY�, L�►dt{� uot w�ive itt ri�htt with nelpec,t to wb�a�at eveutt.
<br /> (� 1tepWio� o[HIJD Saawr7. In oom3►dre�u�ood re�ul�tbm iseued by tLe $ecretuy will limit
<br /> L,ander'�d�hu�in tbe care of p�ymadt defaulu,to roquin immadi�te p�ymant 1n full aod foreciae jfnot paid.
<br /> TLi�Socwity Inst�unenc does not autywrlr+e xaletation or forocla�au�e if not permitted by rc=ulatioor of the
<br /> Socretary �
<br /> (e) Mo�twe Nat Ia�od. Botrowet yt�+a ttnt if tLis Security Iamvaxae aod We Note an not deta'mined
<br /> W bc dijibk for inwrmoe under tbe N�tiaal Houuing Act witbin 60 DAYS trom the
<br /> d�te hereoE,;i,euder rasy.u iu optioa require immediau paya�ant in fiill of�Il swur �ecured by thu Savrity
<br /> in�tiummt. A writtm shtmsau of anv authorimd �ae�t of the Sec�eanr dared ml�.�m.r�u rn
<br /> 60 DAYS from t6e dau ha+ooP, declinio� to inwre thi� Securiry In�uaYat �od tbe Note. �hall be
<br /> deemed ooncluaive proof of:uch ineliQibility, Notwith�tmdin� the fore�oiog.this optioa may not be execcbed
<br /> by Lender whea tde uwv�ilability of iniuranx i�widy due to[,pider's failun to cpuit�mort�e inwr�ooe
<br /> ptemium co the secnaary.
<br /> Nae�'�-�w D�oe nt�u1' �
<br /> nm..■ a�+r■,,r�,noq�+aua Pa�e 3 of 6
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