|
�
<br /> " (a.;V,�ri�R�7�-.°'_wm.�._......_.... ..,...•.a:..v_...-'i- ._-
<br /> •I". • '�.- ':Jil�°�_'ia���C "-y•_-_ --_ —_ —�.._�_'��i�x�a�� .��._.__
<br /> Borro�w�r rrMy cun fuuh � d�iwM �nd nlnttab, �s provid�d h (w�pnph 19, by c�utfny th��ctbn ur proc«dinq to b�
<br /> tlkmlawd wNh ��uW►p th�t,h Llnder'�pood hkh dHMmin�tlon,pnclutMs forhllun of tM Bortoww� Intrnst N tF►�Propwty or
<br /> otl►K m�l�l knQ1lYm�nt ol th�Nm crwbd by tha Securky Instrum�nt or L�ndK'� s�curity IntKS1t. Bortow�r�haN�Ma b�h(�
<br /> d�Mwp M 8orrowK,durhp the loui wppNC�tbn procKf,paw rr�taMiNy his�or Inaccur�to fnform�tbn or at�Krt�nlc ta UndK(o�
<br /> M14d tc provkN L�ncMr wNh any nrt�HU k�lwm�tbn) In conn�ctbn wkh th� lo�n wkMnc�d by th� Noh, fnelurlinp, but not'
<br /> Nmk�d tn, npr�nqtbn• conamhp Brxrow�� xcup�ncy of Ih� Propwty as � princlpal rwkNne�. It thk S�cu
<br /> In�trummt M on � IMahoW, 6orrowM ah�M compy wkh �N th�provMbn� ol th� M��. II Borrow�r scquin�h�tkM to t�
<br /> Proporty,th�IMUN�oId�nd th�N1 tkM sh�A npt rr�p�unla���nd�r qr«t to lh�m�rper fn wrRinp.
<br /> 7. Prot�ctbn of L�ndK'a Rlqhh In iM PropKty. n eorrow.r hr� �o pKtam tM cown.nu�nd pn�n.n
<br /> cona�n.d h �hq s.cur�y �n�rrummt,or t�rs a . �.p�i proc..dha mu may efpnlMc�nty�fhcl L�nd�'� rfpht�In tl» Pro
<br /> (such af �prOCMdlnp h bOnkniplCy,probat�, lor cond�nnatbn or forNitun nr lo mfora laws or rpu{�tfon�),Ihan Lindir °
<br /> do �nd pay!a wh�bwr i� r►�cMwuy to proqct th�wlu�ol lh�PropKty�nd Und�s rqhts h th�Propwty. l�nda'= �ctfon
<br /> rn�y fncluds p�yhp �ny wms acurod by � IMn wh�h h�s prbrity owr thb S�cunty Inshum�nt� �ppMrh�h couA, p�yinp
<br /> nuon�bM Rttort�ys'f»s u+d �nfKY�p on th�Prop�rty to m�k�nqin. ANhouph L�ndu m�y Wc��ctbn undu thN Wupraph
<br /> 7,L�ndM do�s not haw to do to.
<br /> My �mounb dbbun�d by L�nd�r undK puapnph 7 �haM b�com� �ddNbn�l d�bt of Bonow�r a�cund by thM Securky
<br /> In�trum�nt, UnMu Barow«��nd l.�ndK p� to oth�r twms of payrr�►t, thea �mount� sMN bMr hbnst kom tM Wt�of
<br /> dkbun�rnnt�!th�Not� nb and sh�M W payWM,wkh hbrat,upon notfc�kom L�nd�r to Barowrr nqwstirp puym�nt.
<br /> a. MOft�� IIIMl�MICl. II L�nd�r nqulnd mortp�p� Nsumc��s a condRion of makYq th� ban acund by thk
<br /> S�CUrlty M�trurtf�nt, 8arowa slul p�y tM pnmkims nquind to rrwlnYh tM mortp�pr inw� in Nhct.If, for tny rw�on.tM
<br /> mortp�p� Insururc� cowr� nqut�d by l.�ndK Yips�t or cMSa to b� In Nhct, Borrow�r shaN pey the pnMumt nqukrd to
<br /> obtaln covKp� wbstuiti�My �quirwMnt to lh� moApap� hsurana prw�iousy in �M�ct, �t a cott �ub�tant�My pulwbnt tQ th�
<br /> cost to Borrowtir ot th� rtartpp� Inwrana prwbusy in Nl�ct, kom an ak�nal� mortW�p�hsunr �pprowd by L.�ndr. If
<br /> subthntkly puhhNnt morlpap�hsuru►C�covor� It nat�valybl�, Bonqw�r �F►�N p�y to UndK wch month� sum pwl to
<br /> onrM�Mth of tM ywrly rtxxq�p�inwnnc� pr�nium b�inp pald hy Barowrr wtNn tl►�Int�r�ncs covs�tp�hAwd a cwNd to
<br /> b� in MMct. L�ntl�r wIM �cc�pt uq and rWM Mu�p�yrtNnb�s ■bs�narvs In Wu of mortpp� Nsuruwy. Lots nsav�
<br /> p�yrtMnb nwy no bnpK W r�qulnd,�t th� optlw� of UndK, M mortpp�fnsunnc� cowrp�(h tM amount and for th�p�bd
<br /> th�t L�nd�r nquir�s)provkMd by tn hsunr lipprowd by UncNr�p�h b�eonM� �v�NWN and fs obtwin�d. Barow�r shaN paY
<br /> tM pnmfums nquY�+od to rrrinuln mortp�p� in:unnc� N Nhct, a to provld� R b�s rKU�w,untM th� roqukwnmt tor mortp�p�
<br /> Insur�np�nds h�eead�nc� wMh any wrtbn�pnarNnt bNwMn Bortow�r lu�d L�ndr►or�ppioabY Irw.
<br /> S. IM�1fC11011.L�nttlr or ks �t R1ty iMk�nlle0nobl��ntrlM upon �nd hsp�ctbnt of fM Propwty. LK�d�r ah�M ph�
<br /> BarowK notic��t th�NrrM W a p�ior to m insp�ctk,n eP�oMYkW n��awbM cwW for tM Intp�ction.
<br /> !0. Cond�mn�tlon. Th1 procMdt of�ny award or cl�im for d�nwip��, dinct or contpi�ntial,N conwctbn wkA �ny
<br /> cond�nxwtk�n or otMr faklnp ol�ny psrt of th� Propsrty, or(or connyane� fn Nw o}CondMm�tbn, on h�nby astlpMd �nd
<br /> �hlN b�pald to LM�d1r.
<br /> In tM w�nt of � toal Wcin� of tM PropMty, the prxMds �h�N b� �ppWd te tM suna asewrd by thk S�cwky
<br /> InshurtMnt,wh�lh�►a not th�n dw,wkh�ny�xcas pald to Barowu. In th�w�nt of�plutl�l faktp of th�Propwtp In whbh
<br />- tti: �:.°rR:tk:i �.`S:Ct l:C:°'Cp.�"'i��:ASr.���s��'orr!h�!_.�!^.p �"�^'3e!tQ e!�•••w�1}.R�w.r�}n�m1 e�} IM s�uime a«�ax�d . .
<br /> by thk S�curky InsUum�nt MrnldhMFy bNw� th� WcYW� unbts Bortow�r and Unda oth�wisl 1prM kt wrkYtp� tM sums
<br /> Ncund by thN 3�cwty I�ttrum�nt sh�N b�ndic�d bY��►ount al tFN procNtls multplMd bY� �h9�b^: (a)tM
<br /> bfN Mraunt of tfw wms �cund Ynn�dhfNy bNar tM fakhp�dhrfd�d bY(b)tM faY nwk�t vaY�of tM PrapKtY imrn�dh�MY
<br /> t�lon tM Wcinp.My bahnco th�N b� p�kf to Bortow�r.In th�w�nt of �p�rtrl takinp of tM Prop�ty In whk� th�MY rtwk�t
<br /> wlu�of tM PrapKty MnrtNdlat�y t�Mon th� trclnp is las th�r►tM �mount of tM swn�Wcund Mrr�drMy bMoro IM l�Iclnp,
<br /> unMs� Bortow�r �nd L�nda ahKwfN prra In wrki�a a u�bts ppYeWM I�w othwwls�M'o�� th� po�CNdt ihaN b�
<br /> �ppMd t0 HN suma t�CUf+�d by Mis S�GIXIIy MtWrnM�t wMtlNr Or nOt tM�ums ai.iiM��.:�.
<br /> M tM PropMy k�b�ndon�d bY Bortow�r, or k, afbr notic�bY ��to BorrowK that dw conWmncx MfKS W mMc��n
<br /> aw�rd or sMtM a cYim /ar d�nr�, Barowr h1� to rapond to I.a�d�r wkhin 30 d�Ys dE�r th� d�b tM notb� k piwn,
<br /> t.�ndK k wthatsd ro coM�ct nd �ppy tM P��ds, .t ks optbn��kh�r to n�tontbn ex►�P�F ot th� Prap�rty «to th�
<br /> wms�cund by Mk S�curMy kntr�Hn�nt,whNt►K or not th�n dw.
<br /> UnMat l.�nd�r �nd Barowa oth�wis� prN In writtq. �ny �pplc�tbn of proc�ls to pnc��al shd not aMnd or
<br /> postpo►n th�dw d�M ot th� nanMb WY�nNrrrd to In pat�pnipha 1 and 2 or clwp�the �nwurM of such p�ynwNs.
<br /> 11. BoROw�r Not A�NaMd; ForMar�nc� By LendK Not � WNver. �xansan or n+. tim�ror p.ynwn a
<br /> modNicatfon of�nottWtbn ot tM sums s�cw�d by thf�S�curky Insbix►wrK pnnbd by I.�nd�r to�nr woc«ar in k►E�naf of
<br /> Borrow�r�haN not opMah to nYas�tM NabAlty of th�o�ipinal 9orrow�r or Barowa's tuCeM�on h InIM�s� I.�nd�r �MIM rWl
<br /> br nqu�nd to carr�wnc� proo»dYps �paln�t �ny sueaua In Inwwt or Mus� to act�nd tim� Mr paynw►t a oth�wl��
<br /> modMy amotttratbn ol t1N�wmt c�cur�d by thla S�curky Insbummt by rw�on W�ny dwrrind rrr�d�by IM orqM�al Harow�r or
<br /> Barovr�s successon In hternt. My forb�annc� by L«�Wr In a�rcMhO my Hpht ar nm�dy shal not b a w�hrM o�or
<br /> pnclud�th��earciN of Rny ripht w ror�fy.
<br /> 12. Succa�ora �nd A�Nq�s Bound; Joint and S�vwal l.t�bllity; Co-dpn��. rn� co�.rw,cs wd
<br /> aprMnrnK of thR S�curky Insaum�nt sh�N bind�nd bmNk th�tuceusors �nd asslpns of Und�r�nd Barowa, subj�ct to tM
<br /> provMbn� of pr�pnph 17. Barow�r's cov�nts�nd�pwrrMnts �h�M b� jolnt�nd �aC My BorrowK who co-sipns thfs
<br /> S�curity Instrummt but doa not�oacub th� Nob: (�)f�casipnhq this Srcurky InftrumKet ony to maq�p�,pr�nt�nd com�y
<br /> tb.t earow.rs Int.n�c r, cn.aroputy una.r th. c«m� or cnis s�curk�► �n:aum«,r, (b)Is not p�non�Ay obpated ro pay th�
<br /> wrt►s n�cund by thN S�curky Insbumsnt; and(a) ��th�t L�ndK�nd u►y atMr BorrowK may�pn�M �ocbnd,modlf�r,
<br /> fabw or rtMk��ny�ccommod�tion� wkh rpud to tM Mrtr►s of thM S�cu►Ity In�Minwnt or rh�Not�wkhoul that Borrov+�s
<br /> conant.
<br /> 13. (.0�11 ChQ�l�. If M� b�n acund by lhis S�curlcy Instrumrnt b auh�et to a Yw whlCh sNt m�xYnum b�n
<br /> chupK, �nd th�t Mw k fln�My ht�pnbd so th�t th� InD�nat or oth�r lo�n charpas colMcbd or to b�coM�cMd 1n aonn�cdon
<br /> w1h th� b�n �eocwd tlw pKmllMd Mmits,th�n: (�)�ny such b�n ohup��hall b� nduc�d by th��tfount MCMS�ry to nduC�
<br /> tM chupe to tha pKmNNd Iimk; and(b) any sum� �taady colMcbd from Borcovwr wh�h �xMCMd p�nmlt�d ifmkf wN bo
<br /> rMund�d to Borrowu.Lvndw� miy choos� to m�ks thB n(und by nducinp th�pri�cip�l ow�d undsr the NoM w by m�kinp �
<br /> dlroct payrn�nt to Barovwr. II� nfund r�duCa principal, th� nduotfon wW b� tre�t�d as a prtMl pnp�ynNnt wRhout �ny
<br /> pnp�yrrNnt clwp�und�r th� Not�.
<br /> 14. Notices.Any notkv lo BoROw�r provklsd 1or h thfs S�CUrty In�trumen! �h�N b�yM�n by d�NwrkW k or Dy rtyNYq k
<br /> by fkst cyss miN unbss appliC�bfs I�w roqulna us� of�noth�r rc�aMod. Tri�notiCt th�N M dlnct�d to llt�Prop�ty Addnss
<br /> tx �ny oth�r �ddnte Bortoww drni�nat�s by not�� to Und�r. My notic� to L�nd�r sFul b�pM�n by Nst cYt� rfwM to
<br /> �.:,���M'�:: »� �w..'.^ �.; C��...._a,w.. �..,a...�..�.,.ra h� n�►hi tn 9eireWrr. My noffn aovitl�d lor In fhit
<br /> S�curky In�trummt�haM b�d«m�d to haw b�en pMsn to Borrow�r a L�n;fK wh�n qhan as provid�d In thfs p�npnph,
<br /> 16. Governlna L�W; SeVl1'abllll�l. Thb Sscurky Instrum�nt sh�N b� qov«n�d by NdKai Yw �nd tMN hw o}t1N
<br /> wrisdiction In which the Proprty b IocatM. In th� swnt that ony provlalon or c�ua of thit S�curity Intt�unwnt or th� Nob
<br /> conHicts wkh applicabM rw, su�h confUCt sh�tl not�flect othK provkbnf of thf�S�curky In�CUm�nt or th� Nol� whlch can M
<br /> piwn�M�ct without 11+�ConHictinp provisbn. To this snd th�provislons of thls Securfty Inshum�nt�nd tM NoM �n d�cMnd to
<br /> be s�v�rabM.
<br /> 16. eorrower'a Copy�Bortow�r sh�M ba piwn on�conlom�d copy ef th�Not��nd of thle S�curky Instnxfwnt,
<br /> F191�.LM0(sO/Y�) P�p�7 ot S
<br /> M17d
<br /> --- - ...-------- _.. _-___
<br /> .. _ __. .._ . _ . . .. __._...
<br /> _ -
<br />
|