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<br /> , 7. Protection of L�nder'a Rlqht�In the Propsrty. u eorrow�r i.us �o �orm ths oov.n.ncs u+d .orour�nn
<br /> cont�fnW h thla S�curky Inftrum�nt, or th�n b r lep�l procMdinp th�t rtMy �IpnMic�ntly afbct L�nd�r'� riphts In th� Prop�rty(suoh 1��
<br /> a procNdhp h bankruptcy, prob�b,for condann�tbn a faNMun or to �nfora aw� or rpu�lbn�), th�n Unar rrwy do�nd (uy tor
<br /> � whatw�r k n�c�ssuy to prot�ct tM wlu� of th� PropMty u�d L�ndw's riphts In th� PrapM1Y. Und�r'� actbnf r►xy hclud� (uyYp
<br /> �ny �um� a�curW by a INn whbh h�s priorky owr thN S�curky Insuum�nt, sppNrinp In oourl, payhp r�son�bM �ttom�y'� f�and
<br /> antwhp on th�Propwty to makv np�ln. AKhouph Londsr m�y tak��atbn uncNr lhlt par�praph 7,L�nder do��not h�w to do fo.
<br /> My �mounts dbburNd by L�ndsr unWr thfs pu�pnph 7 �haN b�corrN addkbn�l d�bt o} Borcoww ��cur�d Isy 1h11 3aurky
<br /> Inctrum�nt, UnMa� 9ortowsr �nd L�ndsr �prN to othrr t�rtn� 01 payrtNnt, th�t� amounll �h�N bMr IntMMt hom th� dtN oP
<br /> dfsburs«n�nt�t th�Not�r�t��nd Ih�N b�p�y�bw,wAh fnlK�st,upon notb�Nom L�nd�r to �orrow�r nqu�Nhy p�yrn�nt.
<br /> d. Mort9�y� Insur�11C0. II UndK nqukW mo►tpOp� Intunnc�u � condkbn af rntklnp lh� Iwn MOUrrd by thM 8�CUrMy
<br /> Instrurtwnt. Oorrowor ah4ll puy tho premlums roquked to me�ntn�n Ihe monpege Ineunna In Nf�ct. II, for �ny na�on, th� mortp�p�
<br /> hsunnc• cown�nquk�d by L�ncf�r Mpw� or cwsn to bo �n Nact, Borroww�h�N p�y th� pnfnlums nqulnd ta obt�h cowr�
<br /> subs1an14�lly �qulvaMnt to Ih� mortp�pe Intur�nc• prwbusly h �M�ct, �t � ao�t �ubstyntMMy �qulvaMnt to th�eo�t to BonowK of th�
<br /> mor►pap� In�urAnc• prwbu��r h �fl�cl, kom �n �It�rn�t� rnortp� In�unr �pprowd by L�ndK. II sub�tantkMy �qulvaMnt mortpsp�
<br /> hauranc� cowr�p� b not �v�fM4N, Bortow�r •h�M p�y to L�ntNr Mch month � sum pud to on♦twNlth of th� ywly matpp�
<br /> Intur�nc�prwnfum Mfnp p��d hy Borrow�r whm th� inlunnc� cowr�p� kp�d or cNa�d t�t:�^0�����;N��
<br /> rotah lh�t� paym�nto a� � b�a nt�rw h Iwu ot mortpy� inturnnc�. Los� rKww p�y
<br /> optbn of land�r, M mortp�p� h�uranc� ca+�rp� (In th�unount �nd for lh� p�rbd lh�t Undw r�quins) ProvM�d bY �� Inw�
<br /> •pprowd by L�ndN �p�„ b�corr�s avaWabM �nd b obuhod, Borrower �h�tl pay lh� prwniuma rpuk�d to mlintaln mortO�Q�
<br /> fnsurence In effect, or to provkle � be� n��w, untu th�requksmont for mortp�pe fnsurana enda fn �ccDrtl�nC� wkh �ny wrNt�n
<br /> apreement between Borroww �nd LmcNr or opplfcabl�kw.
<br /> 9. Inspection. Under or its ap�nt may rt►�la re�sonabk antrfas upon �nd in�{�actbns of th� F'ropwty. I.N1dM shl�ll Olw
<br /> Borrowx notka at th�tkn�of or prbr to sn fn�pM:tbn apeC'lylnfl ronsonnble cauce for the hsp�ctbn.
<br /> 10. CondemneUon. The procesds of eny �ward or claim for d�mape9� dPsct or conssquontl�l, In conrNOtkvi wkh �ny
<br /> c�ndemnatbn or other takinp of any part ol the Properly, or tor conveyance In �feu of conderfml�tion,are hersby�sslpnW end sh11N b�
<br /> pald to Lender.
<br /> In the evsnt of e toul t�kfny o} th� Proparty, the prxeeds sh��l be appU�d to the sums s�cund by thk S�CU�ky Instrummt,
<br /> whether or not then due,wfth any excess pold to Bortower. In the event o}a puttal takfnq o! ths Praparty In whlch tM hlr muk�t
<br /> value of the Property kmisd�bly bNan tha taklnp b eq�wl to or prwtar th11n tha amou�it of ths aums Ncuhd by thN S�curky
<br /> Instn,ment hxnedlatey bofore lhe lakfnp, unwss Bonower ind Lendx otharwkia �prea In wrkhp, th� cums qcund by fhN� S�curky
<br /> Intwmmt oh�M b� ndueW by th� �nount af th� prxNds mukipN�d by th� IoMowlnp Kactbn: (�) th� tottl �mount ol th� suma
<br /> secured imm�dktey before ths takfnp, dlvkNd by (b) ths Ylr rru�rkst valus of th�Prop�tY Mm�dwt�y bsfon th� t�lchp. My baW�c�
<br /> shaN be prkl to Borcowx. In the svent of •pertial uklnq of the Property fn wh�h th�fafr mark�t valus of th� Prop�rty Mnrt»dMUNY
<br /> before the takiny fs less than the amount o}th� suma securad fmmadiatey bsfora the t�kfnq,unbsa BoRawu and UndK oth«wiN
<br /> apree in writhq or unless applicabls Inw oth�rwfse provid�s, tha procosda shaA bs �pplisd to ths sum� s�cund by ihN 3�ourNy
<br /> Instrument whether or not the sums are then due.
<br /> if snp Prnnnrty Is ab�ndoned by Bortower,or N, alter not�e by Lender to Borrowar that th�condsmnor ofhrs to m�k��n Rwvd or
<br /> settle e cahi for dama�s, Borrower (ails to respond to lMder wRhin 3Q days �k�r th�dato Ih� not�� Is plv�n� i-�ndK M auiiwr�o
<br /> to collect wnd�pply ths proconds,at ks optbn, eklier to restoratbn or repafr of the Pro�rty or to lh�sums s�curW by this 3�curky
<br /> Instrum�nt,whether or not then du�.
<br /> Unless Lender�nd Borrower otherwlse apne In wrRinp, ony appNcntbn ol prxaeds to pnc�ip�l ah�N not�oct�nd or postpoM th�
<br /> due date of the rnonthy paymmts re(artad to in parapnphs 1 �nd 2 or ch�npo th�amount ol�uch paym�ntu.
<br /> 11. Borrower Not Rele�aed: Forbeerance By Lender Not� Weiver. �an:bn o� cn• �im. ror p.ym«�e a
<br /> modfficatan ol amortizatbn of the sums sacund by this Socurky Inatrument pnntad by La!dar to �ny succ�stor In Inttr�st of Barow�r
<br /> shall not operate to rele�se the Iiebllity ol the orwfnal Bortowxr or Borrawer's suCCessoro in Intenat. LendK ahaN not W nqulnd to
<br /> commenc0 proceed'nps apainst any successor In interest ar rofuse to extend tYne for p�ymeat or otherwis�modNy unortir�tbn of tM
<br /> sums securW by thfs Securily Instrument 6y reacon of any demand mada by the orphd 9orcower or Borrow�r'� suays�a'� M�
<br /> Interest. Any lorbsuance by Lendar in exercbiny sny right or remedy sheN not be a w�iver of or proCluds iM ex�rcfa of�ny rl{�ht or
<br /> rernedy.
<br /> 12. Succeseors end Assigns Bound; Joint and Severel Ll�blllty; Co-alpners. 'rh. cown.na .nd
<br /> aqreements ol thls Security Instrument shall bind and benefk the succnsors �nd easfpna of L�ndK and BortowK, subJ�ct to th�
<br /> provisbns of perapnph 17. Borcowers covwunts and a�nernenta sh�q be Joht�nd aeveral. AnY Bortov+K wh0 Catipns thfs S�CUrty
<br /> Instrumsnt but doas not wucuto th� Nota: (a) ts co-sqninp thla SecurRyr Instrumsnt ony to mortp�p�, pnu�t, �nd conwy that
<br /> Borrower's Interest in ih�Property under the tsnns ot this Sscuriqr Instrumant; (b)Is not pKSOnaNy oblip�t�d to pay ths tums Ncur�d
<br /> by thfs Securky Instrument; �nd (c) aprses that Lender �nd �ny other Borrower may �prs�to uctend, modMy, fo�r or m�k� �nY
<br /> accommoWtbns wkh rpud to terms of this SecurRy Inst�ument or the NoN wkhout thq�t Bortowa�e cons�nt.
<br /> 13. L0�11 Chil'ql�. If tho loan socured by th{s Securky Instrum�nt is subj�Ct to �Irw whlCh s�ts mucY�wm bu� charpM.
<br /> and that kw Is ffnaly hterpntsd so that th� k�terost or other ban chsrpss coNsct�d or to be colbctsd in conneotion wkh th� kkn
<br /> exc9@d the p9rmRted IimAS, then; (a) any such ban charp6s sha�l be•reduced by the amount n9CYSSAry to ridUC�tM ChuQ�to 111�
<br /> permilted I'mi►; and(b) any sums already colNCtad hom 9ortower whfch exc�ded perm�ted limks wiN l»ntund�d to Borrow�r. LM�dK
<br /> may choose to make thk refund by redur,inp the principal owed under tha Nols or by rtukhy � dkeCt p�y�t to Borcow�►. �f •
<br /> relund raduces pnc�pal,the reductbn will be Vented es a partlal prepayment wRhout sny prep�ymmt chupe under th�Nob.
<br /> 14. NOtIGli. Any not�Ce lo Borrower provkkd (or h thfs Security Instrument shaA be 0� bY �M�hp k or by rtyNY►p k by
<br /> tirst class man unkss applicable law rsqufros use ol rnalher method. Th� notfca shaY b�direcbd to tha Prop�ty Addnss or �ny
<br /> other address Bonower tlesqnetes by nottce to Lender. MY not�cs to Lsnder ahaM be phron by first cles� maN to Undws �ddnas
<br /> stated he�gin or �ny othx address Lander dosipnates by notice to Borrowx. My not�Ce provk3ed for In thls SoCUriry Instrummt ahaM
<br />— be deemed ro have been piv9n to Bortower or Lender wh�n pNen as providad h th{s panpnph.
<br />-- 15. Governiny LAw; SEVe1'ab{I1�1. This Seourky Instru�t shpll bo poverrte�J by fede►al iew and th� law of th�
<br />_� �urisdiclbn In whiCh the Property fs located. In the event lhat any provisbn or c�use o1 ihis Securky InstrurMnt or ths Not� contMcts
<br />=� with epplicoble tow, suCh conllict shaN not YHect other provisbns of thls SeCUrily Instrument or tha Not� whiCh Can bo pN�n NNCt
<br />_� without the conflictlnq provfsbn. To ihls end the provisbn�o}this Securily InstNmsnt�nd th�Not��ro deckrW to b�s�vwabM.
<br />-1 16. Borrower's Copy. Borrower sl�all be phie�one conformed copy ol the Note end ot Ihk Security Instrurtknt•
<br />-� 17. Tren:ter of the Prouertv or e Beneficlel Interest In Borrower. 11 �II or nny part of th� PtopMty 0� �ny
<br /> � interesl n d �s sold or translprred (or il a beneliClal interest in Borrower is sold or tran,lerrod end Borrower �s not e naiurai pwsvnj
<br /> withaut Lender's prbr wriltem c�nsent,Lender msy, at Rs optbn, raqulrs rnmedyts peym�nt h fu��of aN sums ssCUrod by thVs S�eurky
<br /> Instrument. However, tnK op[ion ehan not be exerctsed by Lende� H exercise Is prohibKed by lederal bw�s c1 the ckte of thfs S�curky
<br /> Instrument.
<br /> R LanWr exaclsas Ihis optbn, Lendsr sho11 piva k3onowa notfce of accelerntlon. The nut�C� shax provlds � pariod o} not Nss
<br /> �hAn 30 deys hOm thH dete the notiCe ts deliv9reU Or me3ed within whfCh lhe BorfOwlr must pey ell Sums SeCUrsd by thFs SACU�ky
<br /> Instrument. II Borrower lof►s to pay these sums prbr to the expiratbn ol th�s perbd. Lender may N�voke eny remedf9s parmktsd by thb
<br /> Securily InswmAnt without turther not�Ce or dema�d on Borcower. Fo"^�°2��n°
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