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<br /> . ` • � QaYsmw►L9 may nu tflager�tiequiced,at 1he option uf I.cad�.if muit�tage insuQaas�e oavea�e{'m the�nnunt a�for the peliod_ . . �
<br /> ` th�I�nd�r sequ��Fmvl�cd by aa 3asiaer approved by Le.ndet again Do�ames eva�7able an�is cbtained Borr�wer s�all pay the =--=-
<br /> ��� `:,. � p�h�s req�d m main�ia mortgage iasur�mce in effea�ar�o provide a Io�s �r�unt�1 tLe requaeme�for mostgage
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<br /> . ;. �c,e c�ds�a�o�rd�moe wi��y wrffiea Qg�eement beiween Bomnwer easl Ia,n�dera:applicable Iaw.
<br /> ��,��� 9.L�asp�n. LeAder ar its ageai may make ceasonabla entries apoa aad inspecaons of the Picoperty.Lendar s6aII give •--
<br /> v Bo�awer aattoe at Hie 8me af or gri�r m m�on speci�Yin8 r�asonab�e canse fnr the i8spection. ��r .
<br /> -- --°--� � �l0.�at�ua. 'ihe pracee�L9 of�y aw�d ar claim far dam�ges.di�t or conseqaeutial.in aanne�Fon vmL�y �,_.�
<br /> ; � oogdem�nadan vr other ta1��of eay part af the Pragerty,or for cmmveyanoe m t�n of mndem��,�e hea�by a�sgaed and
<br /> ���i cit�AM naiti Ln IPnrkis - -. .-- - - �, ;_
<br /> "� " `�=�= �u die evc�Of a Wtal takingrofi the Pra -
<br />. k� ..: . , u peaty.the.prooeeds shari be�plied ro@ce snms astaued by tLis Sec�ty Iastn��u.
<br /> � •� �'�- art�et er nat ihr�d�.c�►itD any�accss gaid tn Boaow�Ia the eveataf aparda!takmg�f the Propaty in cvhict#tbe fait ararket . ..
<br /> '. , , vattae of d�e Prapeteq�atciy 6efare the�ng is eqaal m ar�r t1�the smo�t of tDs sums seaued by this Seandiy �
<br /> . Ins4rooaent i�nmedfatcty befa�e t4ce tai�ng,�Bost�v�aud Lcnder atheawise ag�e m wr�anB.the suins se�ad by d�is ` 1`.,.
<br /> � . � Sec�uity Ins�umeat sYmll be reduced Qy the amaimt af the psnceeQs muInplird by t�e follnv,ing E�aaiam:(aj t�e wtal c�nuunt of . .' ,:,'
<br /> - .,�.. .' t.'. lhe sums�ed lmmediaO�Iy lm.�'are tha�Cing,divided bY N)t�6ir market watne of t�e Pmpe,rty immedianely bef�the _ , �=�z::
<br /> � ` .^� mt�g.Any tmtanoe shail be patA tu Bom�wea.Ia tLe ev�t of apa�rtial rahiag of the Ptopeny�►wkicb Hzefau a�kct va�ae ofthe ' "' _
<br /> . � Ycape�ry Immedi�ely befaie [he takin8 is tess than the amopnt of the swns secaued immediateIy Before f8e takirig,onless `..;.�.,._.
<br /> . . ' Bmsowes aad Leader ath�vise egcee in wridng or m�Ies9 applic�Ie 1aw uthernris�gmvi�s.@�e pmc�eds shaJ�.be appli�d ta d�e � • �- ��_
<br /> � - . smaQS secmed try t8is SecarIty IusOn�meat wttethes ur not the snms a�tLea du� . �-,; .
<br /> . . �' ,.: It the Is a6andoned b Botmwet or' a�tet no6ce Le�der L�Bonawes tLat 8ie oond�uar offeas m make Fm .
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<br /> aava�lor setde a daim fordffinag�Banowar fails ou respoad ta Leader aritUin 30 days aft�athe date tRe�tnti�e is givea.i+ead�s � E `
<br />. � is a�orized to onIIece sad apply the pmcecds,�itg optinn,either to r�n or repair of tLe Kropeaty ar to the s�ms se�ed ,
<br /> , . =.f� py t@�S�rity�I��tcneaL wheth�or not thca dn� . =f-
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<br /> . ' VItIBSS I.t�dei SIId BOAOWPl OtI1�RrtS�9gte�in wlitiDg•tiny 8pp111�II0II O�ploOeeds to�218�ll tFfll CxiCGd 0!pQS'�DIIB ---
<br /> . the due date of t�a mon6nIy paym�ts refer�l to in par�aptes 1 a�r.d2 ar change the amount of sac6 paiyntepm. . _.---
<br /> • � I2.Ba�ra�er�do!$ete�ed3 Y�orDearaaee�yl.�zd�1Vnt�Q�aiver. S�n of tho dme far paym�mr mo�t�nn , �.�,,,�_-.
<br />_ . . af�n of the sams sec�ed b7►t�is Sec�ity Ia�uent�ranoed bq Lendet ro aay su�oce�ar ia inter�a�Smrowea sl�all "`
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<br /> i � ' � aa3 oyesate oo retease the tiah7iry of tIIe�iginat Baaawer ar Ba�uwet's suoc�s in ic�i.�de�r sha�.mat;ti�r�qu�m �� �,:=:-="'
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<br /> :.L�. oo�neuee F�aeedings�a�st anyr saoce�r in II►�aest ar reffnse ts�ext�d t�e for p�yme�t or o�hestvise madify�i�of � --_
<br /> �. . ; ' the srom.s secmced by d�is Seauiry�t by rea5on of aa�r demand made by the arigmal Boaower or Boaower's st�ora - --
<br />__ ' ' � " . :- ;E �. m inta�st Aay fafiearaace by L�dar in e�ccescismg any right or reamedy shall not Ds a waiver of or piecinde ti�e exetcise af auy -�.".�"
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<br /> �. ;; ]3.Saco�s�rs aad A�Bown�Jadntaad Several�.iabitlty;Co�sIgine�a. 91►e cavenants and ageeamaats o� tLis -_°'
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<br /> Secmiry Ins�amea�t sUaU bind and t�enefu t�e suxessois and assigns of Ieader and Botmws�subiect to this pmvisions of � .
<br /> ; � . �b 17. Baaawe�s oov�ts and a�aaits sdall be loiat and seve�aL Any Bmiowea who c�i-signs dus Sectuity
<br /> . . . � lastcomwt bnt does aot executc the Nor� (a)is co-sigaing this Seauiry IastiivaEaat oNy to mangagc,gtant and anmey t1�i '��:�:
<br /> • ' ' ,:i Bor�awer's inteaeat ia the P►npeaty andea tIle teams of t6is Sec�ity Ias�ttmes�(ba is uat p�n�]Iy ab5�d to pay the sums -
<br /> -_-. secared hy this Sec�ity Lutrumeafi and(c)agees that Lendcr end�y ather 8orrower may�ee to extr,n�,modify,fotbear or —
<br /> . ;� makeany aaeommodaaions with regazd w the tea�ns of t�i.s Sec.�iay Instrameut ar fhe Plote withnut thai Hmrower`s cuns�L �_=_�
<br /> ,�� 13.�.oan . ff ihe Iomi saaued tlds S � _-
<br /> ';r' �'datge�. bY e�rit3►Iastcumc�t is subject m a laQi wh�ch seL�ma�immn toan c�arges. -
<br /> _ :: . � .,� aad ohat 1aw is fmalIy�►tcrpr�ted so tLat the interest ar othez luan ch�rges oolteaed�w be wllected ia ca�n wiab.the 3a�n --
<br /> ":��.< ' .. �'�.� exceeA ttie p�e�mitted limits,then:(a)any s�uh�pan cP�arge shaU be tedaced 6y the aanauttt n�y to ied¢oe tlte c�arge to dte
<br />_ ' . ��, P�1 3��t d @)anY stmna a t r e a d y co l t e c t e d f m�Botmw�w ti c b acc�peamitt�d li�w�l lte iefunded oo B�owed -`-
<br />_ , ,1 le�tc3rr may chaose m makc dds tefimd by mdat�g the prindpal owed undea tPee NotE ar by ma�ng a d�ect payrm�w - ;.'.;�.'
<br />- . . Borrower.If a refond ieducc�ss�imcipat,the redacxion will be xeated as a panial p�aymea►1 without any pr�gayrae,nt cd�ge ;.;'`�
<br /> . . �md�sQ�.Note. ' `
<br /> _ ' .. 14.l�Toti�. My notice to Bmmwet provided far m this Sec�uity Instnmteat shaD be give�by de}ivering ia ar by m3�ing it � .
<br /> , � by fust class ma�an2ess app}fcab2e 1aw regai�ase of aaosha methad.'ihe notice s8all be dlr�ected to the Pmgerty Addt�ar.
<br />_ � �'. '. -anY a@�addms�Baimwer des3gaate.s Dy noti�to Leadea Any no8ce w Le�der s,haU be givea by fast ctass ma1 ur I.aidea's .
<br /> .� : addresa srat�d haeln ar any otIler addmss LeAdc�deslgRafes by notisse tu Bmmwea Arry noace pm�rided fos in this Sea�ity � �
<br /> .. . . , Ins�umenist�l be deeaned to t�aave beea givea tu Buaawea ar l,�der when give,aa4�rovided in t6isp�agraph. .�
<br /> . . . ]S.Goveroiag Law;Severab�ity. Th3s Secwity Insuwnent shall be gaveme8 tsy fed�al taat aad We taw of the � �
<br /> - . . � ` jiuisdic�on m whicb the Aopeny is lacated.In the eve,nt tLat any pmvisian or clause of t�i4 Sc�cutity 1n..�meait or the Notc -
<br /> .. con4�Cts arith applicab2e taw,such ooallict shall aot aSect mhea provlsions of Wls�eauity Insumnc�at ar thc[�iot8 wbicA can�e �."� .
<br />_-- - 's gfirea eSfect witkout tt�e canflicting�ovlsiun.To tAis wd tlte provistons of this Sean�iry Insunmeat and the Note are decl�ed w � ,. .
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<br />- . : ' Form8048 8l90 � "
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