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<br />... .�'.t�}e_,'R ,.::` �y(Q��Q��QO�Q��$�ired..ei the optiaa of Lendeti if mast�ge m�e wvea�e f�a the amouni an�far t�e p��d _ �.^y, d.
<br /> tfiat I�der�quims)Pmvdded 6Y am ins�es agDs+�►ed by t�de,r again beoames eva�sble an�is obtaiaed�B�cower sha11 pay the < �•x r' `
<br /> •� • , g�iu�s�equaed w mai�tffin mangage iasurance in effe�.oY m�a�ds a loss r�re.a�the ieq��ut far martgage � . . .
<br /> �eends in�c�evmh�Y���Ba�rowear a�W I�adeatuapDl�cabletaw. � .;�-
<br /> ` -� - . `q.Insp�. Lend�r or its ageut may ma�e�eatonaDle e�nries upan�d isspec�ons of the FmpertY.Le�der slzari give � �-,�:�
<br /> � ���� � ��, Barmwea noiice ai the time of or prior tn an iaspedian epe�fyin8 reasonabl�wnse far the inspe�tian- ..� .
<br /> � . �'"��, 10 CandemnatYo�. The praoeeds ef mry awffid ar ciaan for d�nages.dinct ai oanseqnea�al,ia oonnearan with aay � •
<br /> ;� � , condemnadan ar other taldng of any part of 8�e��Y,or fos canveya�cc�in lieu af cand�rnnaiion,sra t�rY ss�gae�a�d � f ',�;:�
<br /> ` .; �; :``�� ' sbaD be paid m Le,nder. .
<br /> .'<<..'� r ' in thF evcat af s wtaI tskmg of the Piopeny.the pmo�eeds sha�i ise applied to the sams sec+ued by this S�ray►I�as�amens, �3 ,-
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<br /> <..:',; .�K� � mhwber�not @e�dae.wuh aay ex�:p�id ta Bormwea.In ths eveatof a pPrfial taking o�the Yrngeacy in wfficb dzefaiima�et � _ .
<br /> '; , � ' valae of the.P�+npeaty uam�Y i�nf�ue the taIdag is eqatil m os�eatar than the amaunt of the sums sQC�ed by Qiis Securiry -
<br /> -`'� � Instt�eAt�ty tiduYe the taking,antess Baao�r�ead I,e�dar otheswise agcee in wrirmg,tIIs suu�.ser�ued try dris f�_ . -
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<br /> ..>.:�' Seoa�ty tnsnvm�t sbalt 6e t�eduoed try the amnuni a�the gzoceeds mnlrip�dY the�fol�rrm$fraction:(a)the mtal aaw�mi of �4. „` `
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<br /> , '�: f ..` . .� the a�s secured immediarell►isefaie the f�ng,die�ided by @j she fair m�t value of dte Ruperty Immediately befare the
<br /> "- mFdn&Any batance shall 6e gaid o�Bouaw�?n the event of a pattial t�ing af tGe PcaPem►in which the fffir market vatne of the •
<br /> `,�' ' '� � .`�' • pcopetty immediateiY.b�fote the�g is Iess ttt�the amo�t o�ths sams secured ia�me�91�£4re dte�ng,u�1� - . ,
<br /> ` '": ' �"�; � Barsower and Ira�s athecwLse a�ree ia wrisiag ar nat�s sppticable taw otheawise pcovidea,i����i�e applied ts the ..-.
<br /> < �,:`�' ., samssa�by dris Secenity Lasunmeat wheth�ar�t the suu�ate thca�du�' . .. .
<br />- `` "���' '`�' . If ma PYOgeatr is abanaonefl by Borcawet.ar i€,aftee notice by r�ndca w safrrowes mat,the conaeam�offeas to make an , , _.. -
<br /> '` ��f award ur seule a ctaiap for damages,Baaaw�fa�s oo respond w,I�end�vriQ�ta 30 days after the d�te the natice is gtvea,I�dPa .�::�� �
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<br /> ,`'�.:�� -- ��,p,,�,,�,� af the7�,�,,.��.�,�ar tu 1he satns s�d .
<br /> , IS uut�wi+r.cns LD CA�CL SI�8j�j�I�E j110CC�9s 8L�S�QI�QDs Cl�led�1 f�Q[B�II�.�� :+"Y`°'7 h r,���.
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<br /> �`.':.�� � $j/j}I�S$(�ltSl TASfi13iII?dl�WhC�l4[dt AOL t�t?dl�1C.
<br /> � tlnless I�et aud Bqirower otheca�Ise ag�ee in w�ing.anY apPlis�inn°f�seeds m F�ns�al s�D nat extead ar postgoAe y ' �
<br /> � the due dat�of the manihly payments r�'eared w in paragxaplrs I mu12 ar chawge the au�ount of sucl►payments. � �u'
<br /> �.1.Boarower Nat Ret¢ased;F�arbear�ince�y Z.ender loioi a Watver. E�ua�nn of�e bme for payment ar ma�an ..�-:_
<br /> . - � ,w;.�� � of sm�ti�ation of the s�ms seca�ed by this Seauity In�utueat g�sn�d by�I�mder tn�►y succes.sor i�in�est of Borra�te�s6alt : ■ _-_
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<br /> IIOt 0�ID t01C8.4E t$C�18h1�1 Of QiC QII�12�BOIIOWCt 0!BOINWf!'8 SUGC��191D IAI�CSl.IR�II(�5�81�AOt b8�tJ�lt'd t0 —
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<br /> � � cammence�Ss a�s�anY sa�ur in inteaest or refuse to e�cteu�8me far paymEat or otheiwi.s�mod'd'Y amar[�nnn of __
<br /> . tk�sums secored by�Lv S e c�i t y�s t�ment b y reason o f any d e l n a m d m a d e b y t h e o r i g'm a l B�m w�o r B o:m w e a's s u a c e s�s. �., --
<br /> �; im�atere�t•My farb�rance��.endea�exe�cisiag any rigUt or remedy shari aot be a waivea of or pr�ctude the exacise of aaY � F � _...
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<br /> 12.Saooe�ots end�s�igns B�md,Joint and Sevw�l laability:.Casigaaa 71te coveaants and �eats of this -
<br /> :.>. SeCarIty IasWtae,nt shaU bind and benefit the sa�cessais aad assigns of Leadar ead Boaower.subject w�die provL4ioz�s cr�. . - -_ -
<br /> : � pata�aph 17. Bmmwa's covenants aad agreemednm shall be joint�d several. Any 8amnwer who co�signs tms S� ' ,-�:=.
<br /> . .. � Iuswment bnt does aoi exe�ass tite Not� (a)is cosigNnB tfis 3eauity Iustmnrent ouiy ta mortgage„grant aad convey thas �'`:
<br /> � �we�'s mt�rest in tlte Pcope�ty�mdea tDe trrms of this Sec¢�ity�suamea�(b)Ls not peasoually abligated m pay the snms ,�,.
<br /> :.�•�� � s�qmed by thi4 5eaairy Instiome�n�and(c)�g�ees tLat Lender aad any othea Ba:mwea cnay�ee to exoend.modify.fosbear ar
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<br /> .. • mzke�y ao�modauans with regard to the terms of�s Seauriry Instnunent or the Note withont fl�ai Borrowa's cansent � �^-
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<br /> . ` t 13 Lnan Q�'�arges. If the taan secated by this Sec�iry Insmuneat is svbject to a taw whtch sets maximum Ioan charges.� ��" :
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<br /> � � :..� an0 that�aw is fmally mt�.z�c!so that the int�si or oSier loan c�arges coltect�e4 ar to be wllecxed�in connecdion witD the Ioan . � � �;` :
<br /> :� . i, e�c�ed the peamiued�miis,tit�:(a)�y sneb toaa c1�ge shall be re4uced by t�e amam►t n�y�w rednce the cbarge��the ._.,
<br /> . �k P�����a N)�Y��i►colIaxed from Hotmw�which exoeeded�ued Hmitc wlll be refanded�o Bmmvrer. � �..;:
<br />_ � . ?: L�d�r�may choose to make tbis refund isy reGucing the pr�acipa}awed�mdea the Note or by ma�ing a d�rect payaieat to .�_'�:
<br /> �. �� �.'..��` $orrower.If a refimd reduces priucipal�the redwctioa will be treared as a partial pre�ayment withant aaY PrePaymeut ch�
<br /> ireder We Note. ' -
<br /> "� � . . 14.lYotioes. Any noti�W Borrower gruvlded far m t1�is Secarity Instrama►t shall be given by delivertng it ar by mailing it�� .
<br />-"�.' . , ��� ` by Srst class mail unPes�applica6le/aw reqaires ase of anothea method.The nouce shall be dire�ted to the Propeaty Address os�,b� __
<br /> � :, ..� l. aay atha sdd�ess Bmmwea desgnates 6y aotice to Lender.Any notice w Lend�shall be given by�rst class mail tn Le�Ber's�'' .
<br /> -- ' , �(�re�v statc�t�aein or�y orhea address Lendsr desaiignates by nodce ta Bosmwea.Any notice�rrovtded for�this Sec�uin►•�
<br /> � � Insuument shall be deeaned w�ave been given to Bmrow�ar Lendea wriea�given as pravided in ttds p�agraph. �," .
<br /> -. , �� . � .. 15.Governing Law;5evsrability. lhiv Secupity Insuwnent sliaU be gove,med by fedeaal taw and the 1aw of the' � � ��
<br />..1, :. � � jittisdicdon in which the Ymperty is located. In the eveni that any pmvision ar clause of this Secarity Insuamea►t or the Note . .
<br /> =_.�� , � ., . ; confliccts wIth applicable laa+.such coaAiLt.�all not affect other pmvisions of tLi9 Security Insuument or the Note wh?cb can be .�
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<br /> � . � �'' gtve�effect without We conflicting pi�ovision.To this ead the provisions of this Secariry Iastrumeat and the No�e are decL�red w
<br /> ` . . �. � beseverable.
<br /> -�", . : . . Form 8028 9/80 ,
<br /> . �- �-8R(I�1Ett62t2).ot Pagv4018 INNa�a:_ ,
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