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<br /> ' , �.BwROw�r rtury cu�e euch N d6IAUR and ralnot�to, as provided b pareflreph 18, by cnusing the actlon or proceedinq to bs _
<br /> - diar��lsa¢d wfth A nrllrsy thsl, In Lender'e pood IeRh determinatlon,preciudee todeNure of ths Borrower'e Intere�t In the Prop�rty or _
<br /> � othe mtl�rlal knptkm�nt o1 the Il�n crMtsd 6y thls Sscurfty In�trvmenl or Lende's security Int�uat. 8onow�►shaN dso be In
<br /> : defauA 8 Bartower, dudny tho lo�n sppllatlon proceas, g�ve meteiri�y t�lae or Iru�ccurate IMormatlon or d�t�m�ntt to lsnd�r�or _
<br /> ,' 1�llad to provlde Lender wllh eny matarlal Intorm�tion) In connecUon wRh ihe loan evldenced by lhe Note, including, but not
<br /> ; IImftM to, rxpna�r►t�tinne conoeminp Bortower'e occupancy d the f�operty �e � princlpNl re�ldenc�. II ihle SQCUdry C`
<br /> - Inatmm�nt I� on � ��Qehold, Borrower eh�N comply wflh �fl Iho povle�one ol the lease. II Borrower�cqulraa fen tltle to the
<br /> Property,lh�I�a�ehold�nd the taa tltle eh�N not merys unleaa LenMr apreea to the merper In wrlUnq.
<br /> i 7. Pre�t�otlon of Londa►'s Ri�ht� (n th� Propl�t'y,ll Borrower laila to petform lhe covenanta �nd rgreemente �-
<br /> conuk►ed In thia 8eaufty Insirum�nt, ur th�n Is � leq�l procedinp th�t m�y alpniflc�nty �ttect Lendeie rlphte In the PropMy
<br /> j (such�e� proceedinp�n b�nkruptcy, probete, tor condamn�tlon carbrfellure or to entorce lawn or repul�tlone), then Lender m�y
<br /> _ do md p�y for wh�twa la neceasery to p�•oleci lho valuo of Iho Pwperry nnd Lcndcr'o rlflhts In the Ptop�rry Lmde►'e Acllone � �
<br /> � mwy Indude payk►p �ny aum� e�cur�d by � Men whlah hae priody over thls 9�curtry Inttrum�nt. �pps�dny In couA, p�ylnp �
<br /> _ reasonable attomeys' teen�nd onterinp on ths Property to m�ka rep�lro.Allhouqh Und�r may hks �atlon under thla p�rapnph 1
<br /> 7, Under do�s not hav�to do so. �.
<br />_._ Any�mounte dlaburoed by Lenda under paraqnph 7 nluN Mcome Rddttlors�l debt o} Bortower e�eund by thls 3ecurity Q,
<br /> _ InsWmenG Untese Hortower �nd Lender�yrae to other terma oT ayment, these �mounte eh�9 bear htarest hom ihe d�ts of �
<br />-� dia6ureement�t ths Nots ate md nhaq b�p�yablA,wlth Interest, upon notice from Lender to 8ortower requestinq payment. �
<br /> , 8. M�Itpap� tnsurane�. N Lender roqulred morty�ge �nsurence oa a conditlon ot makinp !he loan sacured by thl� �
<br /> Security inetrument, �o�rowar sh�N pay the prainlum�requked to rnYntwh the mortyag�inaunnce In effeet. II,for my nasqn,the
<br /> mod9a9�insunnce cov�y� requked by Lender wpasa or ca�eato be M eBect. Botrower ehaN pay the premluma required to
<br /> obtdn covenge subatenti�Ny equNNent to the morty�ge Insurnnce prevloualy In etfect, et a cost aubaUntlaNy et�uiv�ient to the
<br /> cnst to Bortower of ths martptp� lnsuance prevlously In eflect,Irom �n �Remats mortpapo Insurer �pproved by Lander, II
<br /> suhatantkly equNalent morty�tpe inaurance covenye Is not uwYsDb, QOROWBf 6h�A psy to Lendx esch month ■ aum equal to
<br /> onahvelllh o}the ye�rty mortp�pe Insunnc�premlum b�lnp pdd �y Borrower when ths Insuronca covenps I�paed or ce�eed to
<br /> 6a h et(ect. Lendar wIM �ccept use and rehln theae p�ymenro a�a loaa reserve In Wau ot mortg�ye Insunnce. Loaa rsaerve
<br /> payme�t�rt►�y no lonper bs requked. �t the optlon of Lender,tl rnatpage Inaurancs covxiye (In the amount�nd tor the perlod -
<br /> that Le�tder roqukss) provlded by�n Inaurer �pproved by Lender�paln bsaomes av�ll�bl��nd la obtalnsd. Bortower shNl pay
<br /> the premlums repuked to meintdn moRgepe Insurance In effect,orto provide a loea reserve, un1N tho requlrement tor martpape
<br /> Inaurance ends In accardmce wRh any w�itton agreemant betweers Bonower�nd Lender or sppNcable law.
<br /> 9. (DSp�Ctlon.Lende►er ke aqent mey rmke re�sonabb �lea upon end Inspeallone of the Propsrty. lender ehaM plve
<br /> -, Bortower notice at the time o1 or prior to an Inapection specitying rason�ble cause tor the Inspection.
<br /> 10. Cond�mmtio�.The prtrceeda of any�ward or dd�n lor dtmagea, direct or conasquentlai, In connection wRh �ny
<br /> condemnatlon or othsr t�klnp o} any part of the Properly, or for conveyance in Neu of cundemnntlon, nre hereby aaelyned and
<br /> _ shd be pald to Lender.
<br /> In lhs we�t of a totai taking o1 the PTOparly, the praaeds shall be epplled to tha eums eecured by thia Sacuriry
<br /> InaWment, whether or not then due, wkh eny exceas pdd to 8o�rower. tn tha mrent of a peRial t�kk►y of the Proparly fn whlch
<br /> the fak mulcd v�lue of the Properry Nnmsdi�tety bafora the t�kk�g Is equal to or grater th�n the�mount of the suma secured
<br /> - �-,r»h!a °..x�.sr!!� lstS1!!!!riL!!! !.T!!tt'�l��t� hw{nr� thw takhg, untesa Bonower and Lender otherwlse a9ree In w�iUnq, the sume
<br /> seaired by thla Sacurhy�natrument sh�A be recluced by the uno�nt oi lhe proceeda muRipNsd by the toNowing(nedon: (�)the
<br /> toUl amount of the suma aecured Immedi�tety betoro the taklnQ, ddded by (b) the fak market wlue of the PrapeAy knmediately
<br /> belore ths UWnp.My bal�nc�aheY 6e pald to BoROw6t.I� tho�+nnt o1 a p�rtl�l taking of the Roperty In which ths hk m�r1cM
<br /> v�lue ot tha Property Immedktdy before tha tekinp I� less th�n!hs amount of the auma secured Mnmedistely belore the UkNip,
<br /> unleas Borrower �nd Lender otherwise agreo In wrfting or unlass appHcabie kw otharwisa providea, the proceada shaN 6e
<br /> �ppYed to ths aums necund by this Security Inatrument whethx ornot the eums are than due.
<br /> if ihe Property I�abandaned by Borrower, or H,after nollce by Lende►to BoROwer that the condannor otfero to make nn
<br /> � nwud or seflie e d�lm tor d�mayes, Bor►ower falh to respond ro Lmder wHhin 30 daya aitx the dste the noUce Is ptvsn,
<br /> __ i L�nde►le authorized to collect�nd appy the proceed�,�t ke opUon, either to rostonUon or np�k ot the Prop�rty or to ths
<br /> � � sums secured by this Security Instrumrnt,whether or not then d�se.
<br /> � UnNss Lendor and Borrower otherwlee agree In wridny, �ny appiicatlon oi proceecis to pdndptl ehsN not extend or
<br /> ; poatpane the due date ot the monthly psymente referred to in parrgrepha 1 �nd�or ohanpe the�mount of such p�ymente.
<br /> f 11. Borrow�r Not R�I��s�d; Forb��nnc� Hy L�nd�r Not �W�Iv�r.Extenalon of the tirrw tor p.yment a
<br /> 4 modHc.�tbn of amortizetlon ot the sums aecurnd by thls Secu�ty liutrument grented by Lender to sny eucceasor In Interest of
<br /> , Bortowa ehdl not operate to reletae the Ilabilfty of the odg(rul�arower or Borrower'e aucceaeoro In Interest. Lender ahaN not
<br /> ba requked to commence procaesiings agalnct �ny successa in htereat or retuse to extend tkne tor p�yment w otherwia�
<br /> . modfy�mortizatbn ot the aums axurod by thls Securiiy InsWm�nl by re�eon of any demtnd tn�de by the oripin�� Bcxrower or
<br /> Bortower's succesaoro In Interest, My forbe�rcnce by Lender N exerclslnp eny rlyht or remedy shd not be a walver ot or
<br /> predude the exercise ot any ripht or remedy.
<br /> 12. Succ�ssors �nd Assipns Bound; Joint�nd S�v�ral Llabllity; Co-siqn�n. rne covenants and
<br /> • agreements of thle Securfty Inntrument ehaN bind and benofit�he suecessoro end eeslgne of Lender end Bortower, subject to the
<br /> . prodslons oi psta�eph 17. BoROwer'e covenante end epreementa sheB be joint and aeverel. Any Borrower who co•aipns this
<br /> Security Inalrument but doea not execute ths Note: (�)la co•elgnNg thla Securiiy Instrumsnt ony to mortgays, gnnt�nd convey
<br /> • th�t BorrowePe Interest in the Propeity under the tama of this 9ecurlry tnatrument; (b) la not peraonelly obilg�ted to pey the
<br /> sums secured by thls Secudry Instrument; and (a) aqrees that lender end any other Borcower may agree to extend. modHy,
<br /> forbe4r or rrMke any accommodations wfth rep�rd to tho terms ol thts Secudty Instrument or the Note wkhout that 8ortower's
<br /> consent.
<br /> - 13. LOi11 Char��s. II the losin secured by thls Secudry InsUument Ia subjeat to a kw whlah sata maximum loan
<br /> - aheryes,and that Iaw I�flnaNy Interpreted ao ihat the Interesl or dher loan oheryea collected or to be coHeoted In conneatlon
<br /> -� + with the loan excead the pemiltted Ilmfts, then: (a)any such ban chergo shall be reduced by the amount necessary to reduce
<br /> - the oharpe to the pertnitted Iimft; and (b) eny sums dready cdected trom Borrowcr whlch exceeded pmnitted Ilm(ta wfll be
<br /> _- ' reNndad to Borrower. Lender may choose to mske thia retund bp reducing the principal owed under the Note nr by making a
<br />:_;,� direct payment to Bortower. If o rMund reducea principal,Ih� «ducUon wlll be trented es ' pertiel prep�yment without any _
<br /> w-_ prepayment charge under ihe Note.
<br /> %� 1i4. NOtiCes.My notice to Bortower provided tor In tNs Sccurily Inatrument shnll be glven by delivering it or by malling k
<br /> __ by 11rst claoe nkll uniess eppllceble law requlres use of another method. The noUce shali be directed to the PropMy Addresa
<br /> or any other address Bortower designates by noUce to Lendo�. A�y notice to Lender ahall be given by firet clnss mail to
<br /> Lender's ad�resa stated hereln or any other address Lender de�lpnates by notice to Borrower. A�y notloe providod tor In thls
<br />�-��•' o�...�u..i..M.........�.ti�u 1.�.1......�1 en h.un hean �von}n Linrtes�ur nr 1 nnd�r wh�n nivnn an nrn�ldarl In thls naraarabh.
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<br /> 16. �ov�rning Lsw; S�veMbllity. Thla Sxurity In awrnent shell be govemed by tederel law end the law of the
<br /> JudsdicUon In which the Propertyr la locatod. In tho ovent thet any provislon or cleuae o}thia Securily Inetrument or the Noto �
<br /> conAiets wilh appllceblo Iaw, such confllct ehail not aifect other provisbne of this 8ecurfty Inatrument or the Note which can be
<br /> gNen eNeat without the contl�ting provlslon. To this end the provislons of thls 8acuriry Instrument and the Nnte are deciared to
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