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<br /> � 7. Proiaction of Londer's Rlahts In the Property. it eor►owK ��u� ►o pertorm �r,• aown.nt� .nd .a�n.nu �
<br /> �'�t aonyin�d h thls S�curRy In�irum�nt, or Ihan Is� I�WI prceMdfnp th�t mey �bnMlc�ntly �M�ct LvndK� riphb In lh1 Propwty U�h�t , —
<br /> „� ' �proCNdlnp h bankruptuy, proh�t�, lor coacNmnatbn or forhNun or ro �nfora kw�or rpulatbn�),than Unda rrKy do �nd paY 1or �,.�
<br /> whate��er la n�ceseuy to protecl th� v�lw ol th� Prop�rty�nd L�ndrr's rqhtr h 4h� PropMy. Lmdw� �ctbm rr�y hclud� paykW �
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<br /> � �ny nums tecurad by �N�n whbh h�� prbrky owr lhh S�curNy Inttrummt, �pnMrinp in oourt, p�yinp rw�onabM �ttornty's 1�rnd _
<br /> ��. �ntarfn9 on ih� Proparty to nuk�r�paY�. Akhouph Lmda m�y l�k�rclbn untNr thk p�npraph 7,Undu do��nol hw�to do to. ' _-
<br /> My �mounts disburt�d by l.�ndw undor thfs pu�pnph 7 ahaN b�corn� �ddNbn�l dWt ol Burcow�r s�cur�d by thM S�curNy _
<br /> ' Instrumsnt. Unlsae Bortowx �nd LendN �prM to olh�r terme o1 p�ym�nt, tha� �mounts ehaN bMr ht�nsl Mom th� dat� of � �
<br /> i�. dlsburartNnt�t th�Nob rat��nd ah�MJ b�pRy�b1�, wMh In�K�f�� upon not�e hom UnWr to Bortow�r nqu�f�tinp WYnwnl• �
<br /> S. Mortqsao Inwrence. II LMd�r r�quk�d rriortp�pi In6urpnc� a� �candN!on ol makinp th� ban Mcund by thM S�eurity
<br /> r� Inatrum�nt, Borcowx ahell p�y ths pwmluma nqur�d to rn�htah th� mortpwpa wicuronco In oHnct. If, for any raason,the martpepe _
<br /> '�' '�Y�- '"' Insurence covenqe requked by Lendsr wPass or es�ses to b� h �fhct, Bortow�r �h�M p�y th� pnrhium� rpulrW to obt�h cowr� �
<br /> ,�,e�wM�'�'d substantlaly equlvalent to the mortqaqe hsur�nce provbuey fn eM�ct, 11t � cost aubtiRntyNy �quN�bnt to th� cost to Borraw�r of lh� �j
<br /> �-#�� mortflape hauranc� prgvbuey In oM�ct, kom an ak«n�t� mortpap� Insunr �pprowd by L�nd�r, If subft�nt�My �quFvl�bnl mortp�p�
<br /> ' ;� Inaursnc• cowr�p� b not �vaiMbM, DorrowK �haN pay to LondK Moh month • wm �qu�l to on�twsMlh of th� ywry morlOsW
<br /> ;f, inaur�ncs premfum l»hp p�tld by 8onow�r wh�n th�in�unncp cownQ�11ps�d or cns�d to b� In �M�ct. LMCNr wN!�cc�pt, us�lu�d
<br /> rotnh these pnyments �s � baa reserw In N�u of mort0�p� Insur�ncs. Loee roaKVS PaYment� m�y no bnp�r b� nqulrad� �l th�
<br /> optlon of La�dar, M mortpapa Inturana cownps (In th��mount �nd lor th� pabd thU L�nd�r nqu�ns) provld�d by �n Inwra
<br /> approvsd by L�ndsr apah beoorrNS avdl�bl� �nd b obuh�d. Bortow�r thaN pay th� prNnium� nquY�d to rn�ht�in mortp�p�
<br /> � InsuroncA In eMect, or lo provlde a bee rsservs, untN th� r�qufrwnsnt lor mortyap� In�ur�nc� mde fn accordanc� wkh �ny wrktM�
<br /> • agreement between Bortower and Lerider or�ppNCabN kw.
<br /> 9. Inapection. Lender or Rs epent may rr�ke re�sonabw entrka upon and inap�ctbns of tha Propsrty, l.�nd�r shaN ph»
<br />- Borrower notba at the tkne of or prior to an insp�ctkn ap�ciyinp rwaon�bN c�use tor th�h�p�otbn•
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<br /> 10. Condcmnetion. The proceeds of any awud or clakn for damaps�, dfnct or cons�quentMl, In connectbn wkh lu�y
<br /> condemnatlon or other takfnp of any part of the f'roperty, or for conveysnce h Ilsu ot conderrnatbn, are hareby nss�pned end ahal ba
<br /> � '� . paid to Lender.
<br /> • ' In tha event of o totel takhp of the Property, the proceeds sh�H bs �pplfed to th� eums ��cund by thb S�curky In�trvmrnt,
<br /> , whether or not than due, wRh any excoss pa�d to BonawK. In tha ewnt of a partkl t�kinp of tha PtO,�»rty In wh�Ch tha hY m�rk�t
<br />- '} value ot the Propsrty Ynmedfately be}ore ths ukinp fs equal to or pnabr than th� �mount of ths sums s�CUnd by thR S�CUrky
<br /> ' _:�. Instrumeni knmediatey before the tekhp, unles9 Bortower end Lender otherwlse �9rse h wrRhQ, the sums seCUrsd by thb S�curky
<br /> ' � Instrument chqll be reduced by tho amount of th�procMds muklplied by th� foMowfnp k�otlon: (a) th� toUl �mount of th� wmt
<br /> � ` secund Mnm�dk►tey bdore the t�khp, d7vid�d by (b)th�hlr rrwicat v�U� o}ths Propsrty fmm�dkhy b�fore ths t�klrp. My balu�c�
<br /> sh�ll bo paid to Borcowsr. In th� evsnt of a pRrtMl takinp ot th� PropKty in whbh th�falr m�rk�t valu� of th� Propwty k►wMdMtNY
<br /> belore the t�kfnp h kss than the amount of the sums s�cured Immsdwtsy bsfore the takiny, unless Borrow�r and Lend�r othKV+ie�
<br /> ,'�, ' aqree In wrAhp or unless eppllcable kw otherwFse provbas, the procoads shaH ba appifed to tha suma aecund 6y thk S�curlty
<br />-:•' ` ��• Instrument whether or not the sums u�e then due.
<br /> • 'ri If tne 1'roperty is aoandonnci ur o0�7�wd,Gr Y,:t:�r^o:�s 4;!�^d"!to Rnnower thst ihs condwnnor offe�s to rtyks�r1 awud Or
<br />��� settle e claim tor demapes, Borrower fafls to respond to Lender wRhh 30 days after the date the notbe Is phren, Lsnder I� �uthorixed
<br /> 1:,;.`?u ��,;,' to collect and appy the prxeeds, at ks optbn, eNhK to nstorrtbn or repah of th�Property cr to th�sums wcured by thlt S�curky
<br />"` � r'���' If15tNf11Bfl�,whether or not then du9.
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<br />��.""�' � Unl�a Londer and Borrowor otherwlss �yrae In wrRhp, any appACatbn of prxwds to prinolpal ahaM not�xt�nd or pottpon�th�
<br />"�•���:f;.:._ ; due dAta ol the monthy payments referred to In panpraphs 1 �nd 2 ur chanpe ths unount of such payments.
<br /> �a�=„r��r�•� 11, Borrowe� Not Relessed: Forbearence By Lender Not e Welver. ExtenHbn o� cha t►�n� �or �ym�� a
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<br />���-y'��'"�' ' modNfcatbn o}amortiz�tbn of the suma secund by thfs S�curky Inetrum�nt qruri�d by L�ndK to any aucc�tsor In htan�t of Bortow�r
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<br />-�= �'�""�',� ahall not opxats to roleaee the Ilabf�ly of th�oripind Barownr or Borcow�r'� wcaosor� In Inunst. 1.�nd�r sh�N not b�nqu to
<br />=,:�1�"°s"`�� commence prxeedln9s sq�inst eny 6uccssaor h intK�at or Mfus�to �ocl�nd tlms lor p�ymmt a otherwh� modMy �mortlutbn of th�
<br /> �� 5'� :�'• sums securod by thls Securriy Instrument by reaoon ol any da�nand mad� by the orlpinal Bortow�r or Borrowar't wcas�on h
<br />�"�'��K�-� Intenat. My forbe�ranCe by Le�der h wcerclsing �ny ripht or rsmsdy shall not be� w�lver of or pnclucM th�sx�rcla�Of�ny rlpht or
<br /> _ .�-.*,�-r_.:
<br />������-=,_' r�12, Succeasors end Asaipns Bound;Jolnt and Seversl Liability; Co-slpner�. rn• cownant� .nd
<br />"r'`'''-`�-�-_--_ apreements of thla SecurNy Instrumsnt shnll bad �nd hene4R the successors end ��efpne o} L�ndsr and Bortow�r, wbj�ct to the
<br />-:�,==;�;Y, � provisbns of pare9raph 17. Borrowers covenents end aqreements ahaM be Joht end asvenl. My Borrow«�who co•slpns thit S�ourlty
<br /> s�"���9'`•* Instrument but does not ezecute the Note: (a) Is Co•sqnhp thVs Security Inatrument ony to mortya�, prant, �nd Convey th�t
<br />-�-.,;�. �
<br /> ' '� Borrower's hteresl h the property under the terms of thb SecurRy Instrumsnk (b)k not parson�Ny obWpatN1 to p�y th�sumt d�Cu
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<br /> ;� w: by lhls Securky Instrument; and (cj eyrees that Lander�nd any other portowsr m�y �pres to axtend, modKy, torb�er or rtwk� any
<br /> • L�_-�� eccommod�tbns wkh repard to terms of thls Security Inatrument or the Nob wkhout th�t Borcower's consent.
<br /> 13. Loan Cherqee. If the bYn seCUred 6y thb SeCUrRy InetNrf�ent k 6ubjYCt to e liw whlCh 6ete m�xknum bYn Cha�p�s,
<br />_�,.. :.:_,'': end thet law Is fin�ly hterproted so that the hterest or othx b�n clurpsa calbcted or to be collectsd h connsctbn wRh the lo�n
<br /> ,'f.�=�- ' oxceed the permRted HmNs, then; (�) �ny wch ben charpss eh�N ba roduced by tho �mount nsc�seary to nduc� tM chups to th�
<br /> ��� �^ � permkted I+nN; and (b)any sums akeady colfected hom BoROwer whlch ax.Ndsd p�rmklsd�knke wul be rNund�d to Borrow�r. Lender
<br /> may choose to make this relund by reduc{np the principsl owsd under the Note or by makhp s dkect paym�nt to Bortower. If e
<br /> � • refund reduces princf�al, the reductbn wNl be treated aa�part�al prepayment wkhout any Wrepayrrro�lt Chups under th�Nots.
<br /> i 4� NotICCB. My notice to Borrower provided for In thls SecurRy Inatrument sheN be pMen by deNverhp k or by malNng k by
<br /> � first cless mail unless appliceble law requlres use of another method. Th� not�o sh�N ba dkocted to th• Propaty Addnss or�ny
<br /> ather eddress Borrower desiynates by not�s to 4e�der. Any notbe to Under eh�ll be plven by ffrst cwts mall to UntNr's �dd»ss
<br /> �; steted horeh or eny other address Lendor desleneus by notbe to Borrow�r• Any notic� pruvided for h thls Sacurity InahumMt�haN
<br /> k be deemed to have heen plven to Borrower or Le�der when pNen as provkkd in thls perapraph,
<br /> � 15. Governing Law; Seversbility. This FieCUrky Instrument ehsll ba qoverned by federal law ind the Ww of lhe
<br /> Jurtsdicl�Cn h wh�h the Property Is bceted. In the eveat thet sny provhbn or cl�uae ol thls SecurRy lnetrurtient or the Noto conBlcts
<br /> i wRh applfcable Ww, such Conllbt shell not atlect Olher provlsbns ol thk SecurRy Instrument or the Note which can be phron eMeot
<br /> � without the conflicthp provlston. To thls end the provisbns of thfs Security Instrument end the Note ere deckred to ba savsrable.
<br /> 16. Borrower's Copy. Borrower shall be pHen one contortned copy of the Note and of thts Securky In6trurnont.
<br /> . .�_ .,.._.._.... ..e . a.�.11n1a1 Intwr�wt In BortOWCr. If aN or eny part of the Property or any
<br /> _. .___--_� 1%. iraneici v� u�c r�vpc�.� ... .. ....._°---• -•-------
<br /> � fnterest In R is sold or trensferred (or M a beneffcial :�terest fn Borcower Is sold or trensterred and Borcower Is not 4 natural person)
<br /> : without Londer's prior writtsn consent,Lender may,at Rs option, roquke Immed►ate UaY^�� �^ w�� of sA suma sacund by this S�curky
<br /> ' Inslrumont. However,this optlon shall not be exercised by Lender d exerc�so Is prohibRed by iedoral lew ns ot ths dals of thb SeCUrRy
<br /> Instrument.
<br /> � If Lendar exercisas thfs option, Lender shali qNe Boirower notfce ol eccoleretion. The notice shall provlde a p9rbd of not kss
<br /> than 30 deys from the dete lhe notNe �s de�Hered or melled wKhfn whfch the Borrower must pey ell sums oecured by thls Security
<br /> Instrument. If Borcower fells to pay those sums prbr to lhe expketbn of thls perbd, Lender may Invoke any remodles permltted by thfs
<br /> Security Instrument without further not�e or dema�d on Bo►rower. Form�oae vroo
<br />. , F10BB.1M0(10/07) V�g��ol 6
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