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<br /> ,` " '��``' It 80KOW6� fB�T& t0 08flCrtfl �19 CQV2h�'11L9 GII� 6� : .-�• ����
<br /> ';:��-„�-;;-�:� :: - '7�reit�6ilon ot i.eesder's Ntghts i� tt� Prcpeety. .��,;,;:
<br /> � � co�a ur`ti�is Secur�Y tns�umenb or there is s Ic�gal0receede�g that may stgniFicanty#f�2cE LenQe�s rights h Ute FcGp�cty(�� .
<br /> ..,s 8 ytpCBadptg (n banfuu0tey.Ofnhate.tor CnnQamnaGo� or tnAedure Ot to entorc8 taws�or�cgutatTOns}.N8n LBn�fCdp dD Bttd B9y�� `K� �,'�
<br /> - `~ tsi1a28�ts necessarY to protect ths vatue at ene Prav�Y anG Len�'s rights U►tha ProP�h. Lendafe ecNoas msy�cB3�9aY�9 , R,....
<br /> -� „�..b�'``_ ;`t ' Eu�y sum9 sQCUred by e�ien wti�ch has Oriority o��2r this Secar�Y tristn�mertt.aADeafn9�caurt.PaYi�B�Qn80I3 BttOmG'�0 f�ettd �. ��`:A'_
<br /> � fllts�U19 On tfi9 PrOpe�tY ta�t3k8 repais. Akhotig`h Lendet maY mke$Ptian ut►dei thas Dat8Qt8ph T.4endsr dass aot hava ta�ea . '� . ..f:'c..
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<br />_ , . �My amouriis d�s6ursed by Lender urtder thi� paragraPh�7 sha0 6ecame_adCRionaf debf of Bor[o��ver SECUtQd OY�8��Y � ;. `"
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<br /> ' ,� ":�' h�sWms�►L Unt9ss Bortawer end lender ag�ea to other_terms at Oayment. these amnunts sRa9 hear �tes�st Gtofn tttR dafli 0! � �'�ti,c�
<br /> + '�furs�ment at the_NOte r9ta and st�atl be payasta.w�h;interesl.upan notite hom LertQer to Borrawer teQuBStt�9� � ��``;
<br /> ` �.�CQR,QB$B(113t1[8RC@. H EenQEr repuh9d moRgags bistt�ance es e Cond�TiOte Gt sttek�19 lt18 bm1 58CUt8d.L1►tht3�tSyY � �n-,�_:
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<br /> -:'�,� tn5ttumEttL Borrower ShaO pay the premiums reQu'vdd to cnainta�+the moRgaget lnsutanca tn BffeCt. f�for eny te884fl.the� :�<_ _ --
<br /> � ..��..... H.w�.a.wa�r�e IpentUo��8 nb�It�.�
<br /> °�'r §�sueaa�eoo��age requiced bY Lender raps&�er ceases ta oe;n�i.cwrw�:�-r�s---.------ -- - -
<br /> .sy}���tty.equivaier!t to the mortgaga a�s:+ran�e D�o��'�'��•$t a cost seDstantiaLy equtvafant tc the COSt t0 BartDw�si tAs`� �
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<br /> ��� , er a cisurance prev3aastY irt eHeet.trom en aRa�maftga3a.insvrer aflproved by LertdQJ. If SuDstentl8ll�l equ.Ni3�nt tDGt�' , � -
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<br /> � '. = �n�g r8verage� is nat aya+'labts. BoRa�erer shail pay ta L.enc�er each month a sum equai to•one-Nrotfth G�fhe yeatty. �j__1
<br />.- - •�`-.°: :,.�� ��tSUr�tCe ptemtum being paid hy Bortower vr�en tne insurance eoveraS9 lapsed ar ceased to tra fi eflact l.endet wBi�E,u59 esiQ �;�;:
<br /> '�``% � t�i n t h�p a y ments as a toss ceserve in I�eu af mortgage insurance. tou reservs payments may no tonger tre ceQui[�20.St the' s�•,il,::
<br /> . '.�:`` .' . . optiap of Lende, i!mar�qage in5ut8nce Cnverage Iin Me amrnfmt end for the period tfi8t Lende� t8q�lUeSj P�O V I d�d b 1►8 1 1 8'1 5 u f�t ��_-
<br /> Spp�pygd py LenCer agad� becomes avaitabte and �s obtained. 8oaower shaB RaY tne piemiums tequt8d.t� m3��� ��8� ._ � l-
<br /> �surer►ce tn eftect,.or to Ofavide a toss resssr+re,unta ttis requuement for mortgags insurance ends tn ao�acdance wBrt1 etry w� ` `. � _,
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<br /> .. �;�eS�snt.6eiv�een QcmoweF ana#,ender or apAliceble taw. Lettd9r Sf18!QM9
<br /> - • 9.Ins�ec4ton. ten��ur i�s egent may (IISkB fE'350RSDI9'SQ1ftQ3 UQOO 8f1� bI5Q0CU0tIS ��A8 PI(�9nY. _
<br /> x: 80rrower nolice at tAs im�of or prior ta an insGeetiort sP�lting teasonabte cause tar the lnsPeCtiqn. tn comt�ton er�h ffi►y �"�� `
<br /> �� `• ° � . . 7Q.Condemnatton. ine o�oc�eds of eny a�a q► c�sun ror aamases. e�uea or conseaue�tab eaa ena�ba �"�"�
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<br /> ,:.�,�' .�anff�mnatton or oth�tektn9 ot any Pazt of the FroD�f►�or tor comraY��m�of condamnation,are herehy asst�ed . �-__
<br /> �' p�to I.ender. , E -
<br /> ;in tha event of a tota�taktn9.ot the Praperty,the Oroceeds.shall be appGB6 to itss sums secured by Mts&�CUr@7t.��W�A x S ^
<br /> ` •suiisther oc not lden Que.v�itts any exc2ss pa�d to Honawer. tn the ever�t ot a Part�.�9 ot����Y�W���B�� ,. � `,-
<br /> ... .�
<br /> c . vaGtQ Ot th8 PtOpe¢y immeai3tety tretore M2 taking is equal to or 9reat°R.than tlre amouAt p} thS 5iz�si3 SeCUr@d by tttSS��p�► - � ,n,=-.-
<br /> • '"' '.° �`:;r" lti5title{0t1t [mmediafety befose the t2king. unTeiS$orcOwer and Lertder atnenaise agree a�writa�g;ihe s�ans SECUtF70 6lf��� _ � _:_
<br /> � taStrument sha0 be reduCed dy me amount oi the proceeds mukiplied by the foUOwin9 kaCtion: (a3�e t���� of th0 SufiS "
<br /> SeCUrea(D�mgdiaf6l�6efore the taking, divideC Cy{b)the fair market vatue of•the Praperty (mmedratery befot�tha t.9k�9��1q�� • ��,._y,<:
<br /> ` �Shell 40 O�d to BoROwer. In the e�'e�t of a parti3� taking of the Property in which the fair madcet VA1ue Gf the P[IDpB�ty�d��l � r �# .
<br /> ,.; ��� pzfp�the�ing is 12ss than the amount of the sums secured immediatety hetora Ne taking.untess 9oROVret end lend9t otttB�rFSa L --
<br /> �e � �g p�,�n{�`gppl'�cabla ia�v otherwise provid6s: th� pmeeeds shall be eppGed to the ssuns seCUrEa 4Y this �► N}
<br /> ktstryrttent wfiether Or not the sums are then due. ' r �:
<br /> If tAe PropeRy is aEar►duned by BoROwer,or if,after notice hy Lender to Borrower th8t Ute Condemoor oKets t0 meJte fl�8'x8td Ot � �
<br /> � .E ° �.` SetKe e cFaM for damages, 8orrower taits to respen�to tender wrlhin 3d days efter the date't�a nuUce fs gNen.Lender(s aiM�Zad e
<br /> _ ... . �� • e -=
<br /> " • tp Cpf@ct eisd eppiy th9 prOCe@ds,.at its option,eRhet t0 restordti0tt or repair af the PrOpeitY Or to tAe SumS SQC�fl.SY 4t1IS&6CU�SY �__
<br /> '° w �`•" �v� ,� Inetrument.whett�er or not then due. . � • _-_-
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<br /> � � • ' Un►ess Lendev and 8orrower otherwise agree m`wr�ing. any_appticahon of.proeeeCs to prNC�31 shalt not @�QEi10 oF poStpOna tha = -
<br /> � dtt0 QetB ot the monthly paymenis reterted to in pare9raAhs 1 and 2 or change the amount of suCh p3ym0ntS. -V—
<br /> 1�`�1.,-
<br />- ' 11. Borrpnuer Not 6�eteased: Fertiearance By tender �lot a Watver. Extension ot cha tune tor Daysn�►t or . �,.y:
<br /> ' meddicatian oi amordzation o}the sums seeured by this Security tnstcumenc granteA sy�-ender to anyr successor tn htetest o180tr0�rer �i _
<br /> �.�� ' shail not opetat�to release t�e IiabTity oE the orginal 84ROwer o►Boaower's suceessoB in 3ntEtest. lendsr s1raR not bg�equirdd t0� �: � _
<br /> � cCmrt[2nce proceedings against any successor in interast or ref�lse to eztand time for payment or othenviss mod�yl emoRiz�ttan of th�� �,.J�,.,_
<br /> '` ° sums seeured by this Security Instrument by reason ot any demand made by the or(gtnfll Borrower or BOt[Owete att0�@$SOr9! B1 • �,.,,�,_
<br /> . tnterest My fo�earance by Lender in exarc�smy any right or remedy shail not 6e a wa�v¢r of or preclud0 the exos�(Sa o1 ultY rfght Gf . tl_Y^-
<br /> t�mdy. • • . _._
<br /> • � � 92.Successors a�cd Assigns Bound; Jo1nt-�e�Severat Liabl�i�T;�-sa9n�rs..Yne cova�ants � and t ---
<br /> - � , egtpements ot ts:is Securitye �nsuument sha!� binQ and benefd lhe successors end asstgns ol lend�and Bortovrer. suDj9o!t0 tti9 �_l ;,:
<br /> �� ' � ptovtsions of p ,a�gr&ph iT, eortowers covenants ana agreems�ts Shali Ce io[nt end severat. My 6ar�cwa►w�o easiBn9 thLY S��t � ::,,
<br /> .:�,. - . end conwy Urat
<br /> frt9Wment but daes not ex�;.ute the Note: (a) is coalgning this Security InSpument ony to mORgBge. grant, "
<br /> � BQrtOw8t8 interest m the PrGD9rty under the tErm,ot th�s Security tnstrumant: (D)is rtat Oerson8lly Obligated to pSy tf�e suma StiCtllBd � ,n
<br /> � � by this SeCur'rty Inswment;antl (c1 agrees that Lender ana any othar eorrower may agree to e�dan0, modtty�tarbeat:At rtt�k�8t1y . .
<br /> ' gCCpli1t�10det�OnS wdh regerd to[BrmS L+�ihiS SeCUtRy tnStNMBnt Or Ihe I�:cce without that 8orcovre�'s consent • •• -:
<br /> �� 13.l.�an Charges. 8 lhe loan seCUreQ 6y this SeCUrity instrument is SubJBCt t0 8 I�w whkh SetS fnexiolUrtl l08t1 Ch8r898. �, �
<br /> , }{.`, � � 81ad th8t law Is finaliy interpreted so t�at the interest or other loan cn�r9es co�ieeted or to be coltecte0 In eanneatlon w@t�tho toen �.__'
<br />- , � � �� �ccead the permined iimas,then; (a)eny such �oan enarges shaD be reduced by the emount necessery to reduCO the chetg0 to thv ��-.■•�
<br /> .';:., ..� �: ..:
<br />`•.+'•::;. ' . pgrmitted litnit;and{b)any sums aUeady collecte4 hom Borrower which exceeded perr.ti~atl fimits wilLhe refunded to BorrOwPl Lfd1Q8f �"'."''_;;
<br /> _ .+�.' �._.,
<br /> ' � may choase to make this retund by reducing the principal ov�ed undor tna Note ar by maktng e direct payment t0 Borrower. lt a
<br /> - � retund reducos P)inc�pal,the re0uction w;11 be treated es e pania�prepayment witnout any prepayment cAarge under tho Nota
<br /> - � ' �14. NoUeea Any notice to Bonower prov�ded tor in this Security Instrument shail be given ty deliverhig�U o►by mBTG�A$�31
<br /> :� . • � first cWss.mail unless apo':cabie taw re4u�res use ot anotner mathed. Tne notice sna��be duecte0 to the Qroperty Ad6�sss ot mr►Y . .
<br /> � Otfiei flddre59 BOrrov�er C351gnates by not�Ce �c lender. Any notiCe to �ender 5�ai! ba given by first CIasB rtt$il t0 LendEft'9 flddi658
<br /> �" . � ; st�ted haretn or any otr.er address lender designates by notice to Bpnovrer. My notice provided for tn th(s SsCUrtty►tnstrttmeM BhaU
<br /> � be Ceemetl to h�ve been given to 8orrovier ur I.ender vAten given as prc�+ded M this paraqraph• .
<br /> �• tS. GeE�rning l�w;Severability. tn�s SECUtRy IOS�NR�" Sh311 b0 govemed by �aderat law and the t�v� ot trto .
<br />- . � .`.`' JutiSdiCtiOn in which the Properly is located. �n ths event fhat any prov�>�on or ctause of this SeCUr�y�nstrument o�thA NOi9 CCn� .
<br /> witA flppliCBDte 18w, SuCh contiiCt 5ha�1 not 9H?CI other provisions o1 t�is Securrty �nstrument or the Note wfikA Can be glvE�n effeCt
<br /> � wdhout the contiictin9 prov�s�on. Tu th�s end the provislons ol this Secur�ty Instrument and the Nots are dectated to 00 SAVefebio.. �
<br /> • . • , 1'; 1�. Borrower's Copy. 8onov�er shnll be given one conformed copy of the Note flnd o!thts SsCUdty tnGtrument .
<br /> � � � 17. Transter of the Property.or a Beneflcial in4erest in Borrower< it an or eny part of t�a Property ar pny
<br /> � tntor�s! in it is sold or transtorced (or il e henelictat interest in Bortav+or �s sot0 or transierred and Borrov+er is not 0 nsturat petsan)
<br /> � wrtnou!Lender's pdor written consent,Lendor may, et its option, require �mmad�ate payment tn fu0 0}all Sums SeCUred by thi9�CUPdy . �
<br /> �� tnstrument. However,this option snalt not be oxercised by lender il exerciss is prohibrted by lederal favr as of the deto of thts S�eCUrfly
<br /> - . . "- � InsWmBnt. ' .
<br /> " 'ri� . If LAt1C8f QxO�ciSES t�i5 OVtiOn. LOndFr sr�ll gi�0 Qorrotvtr not�ce o' accelereti0n. 7he nCtiC@ ShBR prOVIdB 8 p6r10d Of t10t(3S9
<br /> ''t � than 30 days from the date Ihe not�ce is de�•ieretl or ma�'ed �dh�� �vnl n �r�e Borrower must pay an sums securad by thi9 8ocuritty �
<br /> � • � InSWment. 11 Borrov.er taiis to pay th�se su�r�;pr�or to tne•�■p�fat�cn �f ir�s aeriod.Le�der may invoke any�emBQiaS p9rmittEd by thtS
<br /> .,� SBCUf$yt tnSWment wdAOUt tunhor notiCe o� demand On BOrro•++er. Form 1020 B/80
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