2� 15�795�
<br /> �. Pres�r�r�tivn ar�d Mainte�an�e of Prop�rty; L�aseho�ds; ��nc�vn°�ir�iur�s; P�ann�d Unit
<br /> �eve�opments. Barrovver shal� keep the Property �rt gaod repa�r and sha�l not �ommit waste or
<br /> perm�t �mpafrrnent or det�riflrat�on of t�e Pr�p�rty and sha�l corraply w��h the provisi�nS �f any
<br /> i�as� �f this ��curt� inst�'um�nt �� a�r� a lea���i��d, If �hi� S��u�ity [n��C�umen� rs a�r� � un�it �n a
<br /> condom�nium or a ��nr��d unit de�relo rr�ent �rrvwer shal� erfo�m I ' ' '
<br /> A p . � p a I �f Borrower s �b��c�at��ns
<br /> urtder the declaration or co�enants cr�ating or governing th� �ondom�nium or planned un�t
<br /> de�elo ment the b �laws and re ulativns af t�� car�d�m�n�um ar �anned unit d��ero m�nt and
<br /> the constitu�nt docuy nents. � p � �
<br /> `�. ��Pr+����t�� +�f �.������� ����r��. �f 1��������° ���#� �t� ���f��� t�� ��������� ��
<br /> agreements cantatn�d �n thi� Secur�ty lnstrument, ar if any a�tran Qr pro�eed�ng�is comm�nced
<br /> which m�terial� affects Lende� s �nte�rest in the P�o ert then Lende at Len er s t� u
<br /> � y p y� �, d o� on, pon
<br /> n�t��e to� Bc�rrower, may make �uch appearanc�s, di��urse suc� sums, i�cluding rea5onable
<br /> a��Corr�� s� 'Fees ��d take s��h �ctior� as� �s n��e�sar ��v �rot�e��'� Le��er�s� ����r�st�. �ir� an°tvur�ts
<br /> .
<br /> disbur�ed b Ler�der ursuant to this ara ra h 7 �with finance char es ther�an a t� r
<br /> , , t � ate
<br /> ro�ided- in the C�r�dit�A �eem�nt shal��be�vme ad �tivna� indebtednes�of Bo��a er ecure
<br /> p . g , d u� s d �y
<br /> th�S Security �ns�rument. Unless �orrower and ��n�er agree t� ath��r ��rms of payme�nt, such
<br /> am�unts sha�� �e a ab�e u a�n nc�tice from Len�er to Barrow�r re ue�t�n a rnent ther o�'.
<br /> .PYx � , q 9pY �
<br /> �.t3���.�;��i� .��[3��:���;�����:� ���� �������p_�� � ���:�� �'.�'��i�'� .��������� ��+����������������� ��''���C� ��'1�f���;i�!��'`!
<br /> he eunde . An actian �aker� b L�nder und�r hi r h I
<br /> r r y � y t s parag ap sha f not �ur� a ny br�ach �arro�nrer
<br /> ma hav� corrtmMtted ❑f an c�rre�nant or a r�err�ent �ander th�s Se�uri� �nstrum�r�t. Barrower
<br /> Y
<br /> a rees �hat L�n�der is sub�ogated to al� af the rights and remedies af an� pr�or I��nor, tr� the �xtent
<br /> o�an a r�n�n� b �.�n er to such �ienar.
<br /> py t� y d
<br /> � In� e�tran Lend r ma make r ca se to b n�a e r n ! '
<br /> . p r � y � a u e d easv ab� entr�e� u�on and
<br /> inspectians a►f th� �rc�perty, pro��ded th�t �,ender shal! i�e B�rrower nat�ce prior to any such
<br /> �ns ectian s �c�f �n reasor�able cause�heref�r r��ated ta�ender � �nterest ��r the Pro ert .
<br /> p�K �����n�na�Nvn. Th� rac�ed af an �►v r� ar I im f r a ir p y
<br /> � � es y a a d � G a � d �'1'1�C,�LS� d ect ar consequ�nt�af,
<br /> �r� ,�����.�t�c�n ��th a�� cand�mnat�on �r at�er t���r�� �f the �rvpert�, +ar,par� ���r.�.c�f, �r �:�.�
<br /> c�r�►reyance �n �ieu of candemnatiQn, are hereby as�igne� and shall be pa�d to Lender, to �he
<br /> �xt�nt af �ny inde�tedness under �he Credit A�r��ment, su�,�e�t to the t�rms a�' any mortga�e,
<br /> deed of trust �r other securit a reen7ent w�t� a I��n wh�ch h�s riorit or�er tF��s Se�ur�t
<br /> �n�t�urr�ent.
<br /> J� 9 p y J�
<br /> "��3. ��rr���r _��� ]����e���a1; F�rbear�n�� �y L��der �V�at a Vllaiv�r.. Ext���ion af the time for
<br /> �ayment or r�nod��catian of ama�t�zatior� �f the sums s�cure�d by th'rs Security lnstrument �rant�d
<br /> Lender tc� an u�ces ar in inte�e�t of Borrawer shall at o �rate eieas �n m m �n r h
<br /> y y s S r� p t a r �, a y a e , t e
<br /> Jaa.��.f.it� �a.f �h� �a�a.���a� .��rr�vu�r �n� ��rr�v�e��s .s������s�r� �n �nteres�� Le�ad�r ��.��� .�,�� ��
<br /> r���t�r�d �a� =�vr������� pracee�ding� �ga���� �ucM su�ces�ar or r�fu�e t`� extend t�me fi�r p��rm�nt
<br /> a� othe�wise modify amor�izat�or� �f the �ums s�cu�ed hy th�s Security lnstrum�nt �y reason vf
<br /> a� demand made �y the orEg�na� Bnrrawer an� �orr�vv�r's su�cessars in �nter�st. Any
<br /> fo��earan�e b I�e der � ex r �s�r� a - r� ht or re ed h�reun �r vr '
<br /> y n � � c g ny g m y d , atherwi�� affarded by
<br /> app�icable lav�r, shal� r�nt be a wairrer of or pre�clud�the e�er��se of any su�h�ri�ht ar remedy.
<br /> �'�. �u�ce��ar� �ndi ►�s�igns �o�nd; Jc���t ��nd �e�reraN I��a�i��t�; �a�s�gners. The �oWer�ants
<br /> and a�reem�nts Mer��n �on��ined �ha�ll �ind, and the r�ghts hereur�der sha�l �nure to, the respect���
<br /> suc�essars and assi �� vf Ler�der and garrower su�ect to �he rowisi�ns af ar`a ra h �'� hereof.
<br /> r
<br /> ��� �vu�a�t��� a.nd � r�����t�.c���v��r�.�r�e� �l�a�� �e ������a�c� s� ��a�, �� ����Q�r�. .-�i.�.
<br /> . c� ,� �� � e �€�� � ��
<br /> t�i� ����ar�� Ins�trUrt•r�nt, i�ut d��e� r��t exe�ut� th� �r�ed�t R�r��men�, ��� is �����g�ring th��
<br /> Se�u�r�ty Instrurnen� �r�ly to grant a�nd con�ey that Barravv�r's �nterest in the Pr�p�rty to Trust�e
<br /> und�r the terms af �Fiis �ecurit Ins�rum�nt b �s nat er�anall li b�� un��r the Cr�dit
<br /> r � 1 p y �
<br /> A r�ement or under tM�s Securit �nSt��m�nt n�l c a re�s that Lende nd. n th r B ..
<br /> g Y , � � � � r a a y v e o r r�v u e r
<br /> hereun der r�nay, agr�e to ext�n d, rr�a di fy, for bear, ar ma ke any ot her accamma da�ion� ar
<br /> -ar�endments w�th regard to th� terms af thi� Security Instrument s�r the �r�drt Ag�eem�nt,
<br /> withaut th�� Barrar►ve�'s consent �nd without r�lea�s�n� that �orrower or mod�fying this ���urity
<br /> In�trument as t❑ that Barrovver=s interest in t�e Prapert�.
<br /> '��� ������� ������ ��� ���� ������� ��c������ ����� �� ������� ���,�� �t� �� ���� ��. ���.���
<br /> manr�er a an notice to Borrow�r ro��d+ed for in tY��s �ecuri ins�ru�nent s al� be giv�n b
<br /> .r �.} Y . P , ��' Y
<br /> d�liW�rin rt ar h maifin such nat�ce b First cl�s� ma�l addressed to Borrower �t the Pro ert
<br /> Address vr a� su�h �ther address as Borrovtirer m� desi nate b notice ta Lender as �v p d�d
<br /> , J� � Y , P
<br /> h�r��n�, and-�b�� any notice�t� Ler�d�� s�a[� be g���n- by F��rst cla�s� rna�[ to-L�n���s addr��� �t�tcd
<br /> h�rein �r to such �ther address as Lend�r ma� des�gnate b not�c� t� Borrvwer as pravided
<br /> h�re�n. An natice rv�id�d far in ti��s Securit Instrument shal�he de�med to �arre �e�n i�en to
<br /> Ba�rower ar Lender�vh�n i�en in the manner desi nated herein. �
<br /> 1�. ���ern�n La►n�• �5eu�rab�t�t . The state and Iocal laws a lic �le to this Securit
<br /> 9 r Y , �p a �'
<br /> ��������� �f�t�i��l. t��.�i�.��:�� �if���.��i����i�t��� �� �ftiic� ��i�. �r���rt� �� f�c�t��� Y��.f��r��o�ni�
<br /> ser�tence sh�ll not I�m�t �he ap licah�INty af Federal �aw tv th�s S�cur�ity lnstrument. 1n the e�en�
<br /> that ar� ro��sian or �lause o�this Secur�t lnstrument or the Cr�d�t R r��me t car�flicts with
<br /> �
<br /> a li�a�le �aw su�h canfli�t sha�! n�t aff�ct other rorr�s��ns ❑f this Sec�urit I�s rum nt r t e
<br /> �p � � �I t � [] �
<br /> ENE998-e
<br />
|