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<br /> �.;;,�i � � BorrowK may cun auch � def�uR �nd rehstate, as provldsd h pa�gnph t8, by causfnp the actbn or procsednO to b�
<br /> �.cs;� dBmistKl wMh �rullnp thot, h Lsnd�r's pood faqh dete►min�tbn,preCludse torleRure of lhe Borrower'S fnterest In the Pioperly or
<br /> ";;�� olhK rru�t�rW imp�lrmrnt ot th� IMn crMt�d hy thlt S�C�fky II1SfNRNflt Of L6�IdYfb SBCUfky htltB4f. BOffOW9f 6hR11 Ik0 bi h
<br />''r�=�:r,�� • bbuN R�omow�r,dnrhp th�b�n opplicatbn proc�aa,paw matorwlM lah�or haoeunte htormatbn or stal�rnents to l�nda(or
<br />°'���.i� h�d to provk/s Lsnd�r wRh �ny matsrk�l fnform�tbn) In oonmctfun wRh th� bpn svldencad by the Note, IncWdkp,bu1 not (� -
<br /> '� kmM�d lo, rspnt�nt�tbns aoncMniny Borrow�►'d occup�ncy o1 the proparty as a prfnclpal residence. II thb Security �
<br />��^�`x� In�tr�mmt h on � Iws�hold, Borrowur shall compty wRh all the provlobns a4 the lease. If Borrower acqukes�ea utle ro the
<br /> "���� Properly, th�I�aaohold and th�fN tRM ehall not merpe unkfs Lender aflrees to the merper In writlnp. �
<br />=T�":�"�,� 7. Protectlon of Lender'� Rlqhts In the Property. u aorrower faiis to perform the covenents end praements �
<br /> -� �:
<br /> cantaln�d In thia S�CUrky In�trumM�t, or th�n h a Np�l prxwdfn9 that may slpnRfcnnlly aN�ct l.ender's rqhts in th� raperty �
<br />_-m�'.,,,s,� (auch es a proce�dhp In b�nkruptoy, probat�, for aondemnatlon or fortekure or to enforce I�ws or rapulatbn�), then lader may
<br /> � — �- do and pay for whatevtir la neCaccary lo protoCt the valuo ot the Property end Lender's rlghts h the Property. Lende�6 actions v, �
<br /> �,,,;,,r� miy includ� payinp �ny sums e�cund by a Hen whbh h�e prbrfty over thls SecurRy Instrumenl, appearinfl In cowt, pryln0 �
<br /> - rMSOnohb�ttomeya'feei snd aitxhp on the Property to make repalrs. ARhouph Lender may take ectbn under this p���praph
<br /> Rs;,;,��� 1,Lender does not have to do 60.
<br /> �",,,s`'� My emounte disburasd by Lender under parapreph 7 shall become addkbnal debt of Bortower secured by tMS Security
<br /> .�;M;�„�� InsWment. Unlese Borrower and Lender eyres to other terms ot pnyment, these 6mounts shall bear hterest hom Ihe dete o1
<br />_y„�;s,.,,,�� d�bursement at the Note rate and shall bs payable,with Interest,upon not�e hom Lender to Borrower requestfny payment.
<br /> -- 0, Mortyaye Insurence. If Lender requlred moitpaye insurance as e condRbn of makinq the ban secwed by thls
<br />,.___�� SecurRy Instrumenl, Bortower 9haN.pay the premiums requked to mafntain tho mortpope insurance In eflect.If, for eny rKSOn, the
<br /> _ �� mortyege Insursnce coverafle requkad by Lender lapsee or ceassa to be In eNect, Dorcower shall pey the premlums nquked to
<br />-- -���~ obtain coverapa substantlaly equNalent to the mortpape Inaurance prevbuay fn effect, at a cost substantially equiwbnt to the
<br /> e= :9s-� cost lo Borrower ol the mortyape hsurance prevbusly In eflect, hom an sfternate mortgape Misurer epproved by lender. If
<br /> �„;�;� substentialy equNalent mortqape hsurence coveraqe IS not availeble, Bortawer shall pay to Lender each month e sum �qual to
<br /> -- ane-tweMth of the yeurly morlpape fnsurance premium belnp p�id by BoROwer when the hsunnce coveraqe lapsed a caased to
<br /> ___•� be In efhct. Lender will aCCept, use and rotain these payments es � besinaure ce coverape(in he�amount and forlherperiod _ _
<br /> _--- � p�yments rc�y no bnpxr ba nquPad, �t the oplbn of Lender, H mortyap
<br /> -R� Ihat Under nquk�s)provkMd by�n hnursr �pproved by L�nd�r cy�ln bacomea avei4hle�nd Is obt�inad, Bortowr 6ht11 pay
<br /> . -,;r� Ihe premluma requked to mahtaln mortpape Insurana In eNect, or to provlde e bas rsserve,until ths requlrernMit fa rnorlpaqe
<br />-- hsur�nc�ends h accordence wkh any wrRtsn epreement between Borrower end Lender or epplbehle law.
<br /> 9. 111�p�Ct1011. Lender or ks spent may make reasonable entries upon end fnspectians of the Property. Lendx shall qke
<br /> � Borrower not�e tt the tkne of or prbr to an hspectbn specHylnO reasoneble cause for the Inspectlon.
<br /> 10. Condemnatlon. The procesds of eny eward or o4�im lor damafles, dkect or consequantkl, In connectbn w�h any
<br /> cond�mnstbn or other takhp of any part of the Property, or lor conveyonce In Ibu of cond�mnotlon, ars hereby as�l4n�d and
<br /> --��,� shall be pald to Lender.
<br /> � In th� evsnt of a total tekhy of tha Proparty� the proceeds shall be applied to lhe sums secured by Ihk Secur�y
<br /> Instrument,whather or not then due, wNh any excess paid to Borrower. In the event ot s partlal takhp o}the Prop�h/ h wh�h
<br /> -� lhe hlr mtrkst value o}the Property fmmedletsy befon the tskhp b equ�l to or preater th�n th� amount of tM sums socured
<br /> ____--_ �� i�p o�..s;r� l����e.�t 4�,inn�flnfnN bafore the takinp, unlBSS Bortower end Lender otherwise apree fn wrRkip,th� sums
<br /> sscured by thb SecurRy Inetrummt ehall be roduced by lhe amount of the proceeds muRipllW by cne foibwnp 6acoaic (�j t��o
<br /> - total�mount of the sums eecursd Mmedktely bs}ore the t�klny, dNided by (b) the tak market wlue of the PropsrtyMm�diatey
<br /> value f the Pr pertyy Immedkt N el�pors ths takhp Is lesa than the emountpof hle sums�aecured Mnmad�tey b�fon the nkinpt
<br /> unMsa Borcowx and Lender otharwlse ayree h wrkfnq or unless npplfcabk law otherwisa provldas, the prxe�ds ahall be
<br /> -- - �pplMd to th�suma aecund by thh S�curRy Instrum�nt whsther or not the sums aro then dus.
<br /> If the Property Is eb�ndoned by Borcowx,or M, sRer notbe by Lender to Bortowx th�t the condemnor oltara Io rn�ke en
<br /> • award or settle a clakn for damayea, Bortowx falls to respond to Lender wkhh 30 daye aker the d�te th�nvlce Is piven,
<br /> Lunder la authori:ed to coNect end spply the procwda, at R6 optlon, eRhar to restorqtbn or repak of the Propam or to the
<br /> sums sscurad by thfs Sacurky Inatrument,whether or not then due.
<br /> UnMsa Lendar snd 8ortowx othsrwfae apree h wrRinq, any applicatbn of procseds ta princfpal sh�Y nol axtend or
<br /> postpon�th�dua date af the monthy paym«+le nferrod to In parapraPhs 1 and 2 or chanp�th�amount of sush prymenit.
<br /> 11. Borrower Not Relesred; Forbeerence ey Lender Not a Weiver.E�ensbn of the tYn� fapayment or
<br /> mod�batbn o1 emortiz�tbn of the sums secured by thb SecurRy Inatrument yrantsd by Landsr to any auccostor h inlKest of
<br /> Borrower shall not operata to release the Ifebility ot the orlpfnel Borcower or Borrower'a succsssors In Inlerest. �ender shait iwt
<br /> - - be roqufrod to Commsnce proceedfnps apalnst any succeasor h fntsreat or rotuae to extsnd tkr» for p�ym�nt or othorwke
<br /> modMy amortfratlon of the sums securod by thls Securky Instrument by reason of any demnnd mrds by tho orlpfnalBorrower or
<br /> Bortow�r'e succeasors fn fntxest. Any forbearance by Lender In exeralsln0 eny rlyht ar remedy ahaM not be a Nsiver of or
<br /> precUde ths exercise a}any ripht or remedy.
<br /> -� - ��" 12. S�cceasara snd Asslgns 8ound; Jolnt and Severel Liebllity; Co-signers. The covenants and
<br /> aynsrn�nl6 ot this Security Instrument shall bind end benefit Ihe successors and asslpns of Lender and Borcowor. subjcet to the
<br /> �T-� provi�bna o} parepraph 17. Borcowers covenents and apreements shall be Joht and sev�ral. Any Borrowarwhoco-sqns thls
<br /> __;� Seeurky Instrumsnt but does not execute the Note: (a)fe co•sipqinfl this SecurRy Instrument only to moAp�pa,praM and convey
<br />___�_a.:_:.�`� that Borcowers k�terest In the Property under the terms of this Securky Instrument; (b) Is not personully o6llpated to pay the
<br /> __--•--,_;�� sums secw�sd by thls SecurA�� Instrument; and (c) ayrees that Lender and any other Bortower may ayree to ed�nd,modily,
<br /> - '�°��=tr:�'� forbear or make eny accommodatlons wRh reqerd to the terms of this SeCUrity Instrument or the Note wRhaut th�t Horcower's
<br /> - '�?�'t�,� consant.
<br /> '�r•.�,'��`' " 13, Loen Charges. If the loan secured by this Security Instrument Is sub)ect to a Inw wh�h sols mucimum ben
<br />��'y�'.s.:�y •
<br /> __ , ;`,yy; ahupes,and that Inw fs finnlly hterpretad so thet the 4iterest or other ben cherpas colbctsd or to be colbCted h connect n
<br /> wkh tho ben exceed the permkted Iknks, then: (a)any such loen charpe shall be reduced by the emount necessey lo reduce
<br /> - the charpe to the permRted IMnR; and (b) eny sums ekeady collected hom Borrower whbh exceeded permittad IinRs will be
<br /> • relunded lo Borrower. Lender may choose to make this refund by reducin0 the principal owed under the Nole orby makin9 e
<br /> ' dfrect payment to Borrov,er. If a retund reduces prfncipal, the reductlon will be treated as a partial prepaymeN wKhout eny
<br /> �'� prep�yment charpe under the Note.
<br /> 14. NOUCE�. Any notfce to Borcower provided for in this SecurRy Instrument shall be glven by delNerinp it aby mallhq it
<br /> ��s'�� by Ikst Cless mall unless flpplfcehls lew requkes use of another method. The not�e shell be dMectad to the Praperty Address
<br /> � . or eny other flddress Borrower desipnates by not�Ce to Londer. Any notbe to Lender 6hall be pNen by flr�t class mell to
<br /> . , ' Lender's address 5tated hereln or eny other address Londer desqnates by notfce to Borrower. Any notfce provked lor In thls
<br /> � _ 1 t_ �,,,,...,.,,,,,e,,,,,„e„� chall ha dpamad to heva been pfven to Borrower or Lender when given as provlded In thls psnpraph.
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<br /> ' � 15. Governtny Lew; Severeblllty. Thls SeCUrity Instrument shflll be povemetl by iederai iaw end uro iaw vi ine
<br /> jurlsdbtbn In whbh the Property Is located. �n the event that eny prov�slon or Clause ot thls SeCUrNy Instrumenl or the Note
<br /> conflfcts wkh eppl�able law, such conflict shall not attect other provlslons of thls Securky InstNme�t or the Notewhfch cen b9
<br /> gNen eflect wfthout the confllCting provlslon.To thls end the provlslons of thls Security Instrument and the Nota a�e declared to
<br /> be 6everable.
<br /> 16. Borrower's Copy. Borrower shall be pNon one conformed copy of the Note and ot thls Securiry Inswment.
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