2� 1 ��544�
<br /> �. Pr��e�r�tic�� and M��n��nan�� �f �'rv��rty; �,e���hQ�d�; ��ndlc�m�niu�m�; P���n�d L�n�t
<br /> [�e�r�lapnnent�w Bt�rrow�r sh�l� k��p th� Prvpert� �� g�vd r�pair ar�d shali n�t c�mrrait was�e ar
<br /> �rrr�it Mmpairm�nt�or de��riorati�n �f tf�� Pro��rty �n� s�al� com�ly v►ri�h ��e pr��is��ns of an�
<br /> ea�e if th�s Secur�t [n�trum�nt is ❑n � leas�hv�d. If this ���urNty Ir�strurn�nt �s on � unit �n a
<br /> c�►ndar��r�iurn ��r a ��r�ned it � � " .
<br /> p un d� e Qpm�nt, Bo�r�w�r sl���l perfarm all of Borrawer s c���1g�t��n�
<br /> und�� the d��[�r�tian t�r cvrrenants M�reat[ng �r �ov�t�r�ir�� the ��ndamini�m or lar�n�d t�r�it
<br /> d���l� m�nt, the b w�aws ar�d re u�at��ns �f the �ondar��n�urn ar fa�ned unit d��e� rnent and
<br /> th� cvn��ituent d� um�r�t�. � � � ,
<br /> �
<br /> 7. Pre�t�ct��r� �f ���d�r�� ����rit�� If B�rraw�� f�ils to perfarm the cv►renants �nd
<br /> ag�e�m�r�ts �o�tained ir� tl��� �e�urity fn�tr�uim�nt, ar if any action �r proce�d�ng �� cc�m��n�ed
<br /> v�h��h mate�ria�ly aff�Gt� Len�er'� fr�terest ir� �he Rr�p�rty, �h�n Let�der, at Lender'� cap�ic�n, upar�
<br /> nt�tiGe tar �arraw�r, m�y mak� such appearance�, disburs� �t�ch sur�sr ir�cludin r��s�ar�able
<br /> r
<br /> attorn�y� f�es, �nd take �uch ac�io� �s is n�cessary ta pr���c� L�r�der s int�re�t. ny amounts
<br /> d�sbu�sed. �y Lender� pursuant �o thi� pa�agraph 7, wrth finar��e �har�es ther�an, at �he ra��
<br /> p���ided �n th� Cr�d�t ►�Igre�ment, sha�� �ecvm� addit�o�t�l ind�btedn�s� vf �orr�a�nr�r s�cured by
<br /> th�s Secur�t �rt�t�umer��. Un��ss ��rrow�r ar�d �.�nder agr�e �a other terrns �f a mer� such
<br /> �,
<br /> �maunts si��l! �e a a�l� n r� " fi . p �
<br /> u � c�t��� rom Lender �v Borra►►v r r� i
<br /> , y �p y ^ p e qu�s��g paym�n� there�f.
<br /> No���n� cvn�aMned �n �hMs paragra h 7 s�all requ�re L�nd�r to i��ur at�y exp�ns� or take any action
<br /> I�e��u�d�r. �r� ac�Ci�n t�k�n b ��nd�r r�de� � is r ph
<br /> y . y u h p� agr� shall not Gur� any br�ach �arr�vu�r
<br /> rrta ha�e c���itted af a� cvr��nan� vr a re�m�nt ur�c��r thi� S ur' 1 st . r
<br /> y y g �� �ty� n rurnent �o rower
<br /> a r�e� t�at �.e�d�r is �u�r�g�t�d to ��E of the r�gnt� and rer��die� vf ar�� priar l��n�r� ta the ext�nt
<br /> ��a�y a �ent � Let�der tv su� �'e r�
<br /> h � �t�
<br /> �. p�n ��tivn. L r�der m '
<br /> . � �p e a� ,�ak� or ca��� �� �� r�a�e rea�c�nable �nt���� u�an a�d
<br /> ��tspEctNan� of �he Prop�rty, p�c�W�d�d that L�ndet� sf���� qi�e Borr�v►rer not��� �ri�r tn �n� su�h
<br /> ir�s �c��on � e��f �r� r���ona�le caus� t�erefor �r�lat�d t� L�nd�r's �n ere�t �n the Pro er .
<br /> � t
<br /> ��, �c�r�demn��ion. T'he r ��ed� a �n aw�rd r i • � �
<br /> � p � * f � v c�a rn f�r dama��s, d�r�ct or ca�nsequ�r�t�af,
<br /> �n cann�ec���n wi�h any co�de�natf��n or at��r tak�n� �f t�e pr�p�r��, vr part ther��f, ar fQr
<br /> co�nu�yar�c� in li�u �� �andemr�a�ion, ar� ��er��y ass��ned ar�d SMa11 �� pa�d '�a L�nder, to th�
<br /> �xt�r�t of any ir�d��tednes� ur�der the �red�t A�r�er��nt, �ub�ec� to the t�rrr�� vf an martga��,
<br /> ���d vf trust or other ��;�uri� a r�eme�t ►n�Nth a ��e� r►vh��h has r�or�t o��r ��i� S�cu��t
<br /> Instr�rr��nt.
<br /> Y � � � Y
<br /> '�[�. Bo�r��w�r N�t F�������d; �a����ra�n�� By� L�nci�r �M�t a '�I'���r�r. �xtension �f th� ��me far
<br /> paynnent ar modificat�on a�' amartiz��ion of the surr�s �e��red �y �his S�curity I�r�trur�er�� gr�nt�d
<br /> b L�r�d�r ta an ��c��ssor in in�er�st�f Bvrro er h I n '
<br /> .y y v►� s a� ��aperate ta r������, �n any m�nn�r, the
<br /> �i�b�lity af the ariginal �v�raw�� �nd �a�raw�r's successors in �ntere�t. Lender �Ma�i not ��
<br /> r�qu�red to ��rnrr��r�c� prvc�edin�s a�a�n�t su�h suc��s��r or r�f��� ta ext�nd �i�`ne f�r paym�r�t
<br /> r�r c�therwis� mvd�fy amo��iz�ti�n af th� �ums s��ur�d �y tf�is Security ����rurr�er��y�y r�a�r�� ��f
<br /> any dem�nd mad� �iyR th�� arig�i�a� Barro�tvver ar�d �flrr�v��r's �u���ssa�s in �nt�re$t. Ar�y
<br /> f�r�be�ranc� b �.��der' Nn �x�r�is�r� an r� h or r�med �t r u de�r �wi r
<br /> y g Y � t y . � e �n � or ot�e se a��a ded by
<br /> applic�ble ��w, sha�l not k�� a �►a�ver of or pr�clude�h� ���r��s� af any such righ� Qr r�err�edy.
<br /> '�7. �u�c��s�r� �nd A��ign� B�u��l� ,Jaa�t ar�dl ��rr�r�� �,�a�aility; C��sMgn�rs. �f�e c�v�rtant�
<br /> �nd agr�em�r�ts I��re�n �p�ta��ed �ha�l �ind, ar�� th� r�ghts he�reund�r sha�� inure te�, th� resp�ec�i�e
<br /> �u�ce�svrs and a�si rts c��' Le�d�r �nd �v�rr�vv�r suk�'�c��tc� the ro►��sians vf ara r� h �'I i�ereof.
<br /> A11 co��nar�ts ar�d a�r��rn�nt� of � rrn►nr�r I� I '� ` � � � p
<br /> y g � � a! be,��i�t and se��ral. �n� �arrow�r v�►ha co���gns
<br /> t��s ���urit in��rumer�t, �ut does r�at �x��ute the Credit A reem�nt � i� ��*si n�n t���
<br /> � , 9 r � } � 9
<br /> �ecurity Ir�strument onl y� ta �r�r�t a�d c��rr�� th�t �vrrouv�r s �r�teres� in the Prt�perty ta Trust��
<br /> und��r t�e terms �f th�s Se�urit instr�ar�n�nt �v �s n�� er�ar�a��y l'
<br /> . , r � � p ��k�1� under tYt� �red�t
<br /> A re�nr��nt or und�r tM« �ecur�t �n �r�m� n
<br /> s nt a d c a r��s �h�t Lent�er n a� h r �3c� r wer
<br /> � � � � � 9 � d � �� � � o
<br /> her�under �n�y, ag��e �o �x�en�, modify, f�rk�e�r, �r am�k� ar�y �ther a�commodat�v�� or
<br /> �rr��nd�ne�ts v�r�th re�ar�l t� th� t�rm� �f this ���ur�ty I�st�um+ent c�r t�e Cr�dit ll��reenr��n�t,
<br /> vvi�hou'� that Ba�rv�er's corts��� �rtd v�vithout re�eas��g that �orrovuer vr m�difyi�g �his S�curity
<br /> I�strurrt�nt as�o that �orr�wer"s int��e�t ir� th� Prop�rty.
<br /> '��R N�t�c�. Exc�pt for any not�ce r�quired und�r� ap���i��b�e lavtr ta b� iue� i� another
<br /> n�t�nner a an �no���e to Borrovv�r rarr�ded for in th�s ���ur�t Inst �m�nt s� II eg��r
<br /> � �.� p y r a b er� by
<br /> de���rerin �t o�� rmail�n su�h na�'c� �'i
<br /> � � rst ��a�s ma�! addres��d t� �orrr�w�r �t the T�rc� ert
<br /> 1-�ddress or at su�h �ther ad�r��s �s ��rrvvirer m d i �t� � n ' �. �
<br /> �y �s g� y v�iGe tv Lender as prar��ded
<br /> herein, and ��} a�y r�a�i�� �� L.end�r �hall b� giuen by�F�rst �la�s mail �c� Len��r's addre�s st�t�d
<br /> h�re�n or to such rst�er addr�ss �s l��nder rr�a� d�stgna�e b nt�tice �� Borrc�w�r �s pror�ided
<br /> I��r���t, Any nt��CMc� prv�ided f�r in th�� ��curity lr�strum�nt �ha� be dee�n�d �a h��e be�n g�r►�n t�
<br /> ��rrc�wer or Lender v�rher� girr�n i� th� ma�ner de�ignat�d h�r�i�.
<br /> ��. ��►►�r�nar�g Law;, ��r��r��ilit�� The �tat� and IoGal #aws appli�abl� ta thi� �ecurity
<br /> �nstrurr�en� sha�l be �h� laws of the u�i�di��ion i� which the f�rvp�r�y �s �v��ted, Th� f�re�o�r��
<br /> �er�t�r�ce �hal� n�t limit he lic i�it "
<br /> t �pp ab y of �ederal lav►r t� tl��� Secur�ty ins�ru�n�nt. Ir� the e�ent
<br /> that y any pra��s�an or clause af this ���u�'ity instr�m+�nt or the Cr�dit Rgr�����nt confi�ic�s with
<br /> ��pl�ca�le law, �uch con�li�t �h��l rt�t aff�c� ather prt���s�c�ns of �his Secur�ty �n��rum�nt �r t�e
<br /> �N��9�-e
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