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<br /> "�`` ` i= • Bortuwet m8y Care SuCh &dBfHUR and reinsmm, es Provided fn Pa�a9raPh t8, by c�ush�g N�e actlon or proceedmg to he - N` �'� �-
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<br /> __:,•.:-, _ :__ ,< dismissed wiN a cuQng that.m L.ender's good fdRh det�rmb�at1on,Rrecdides torte�ue of the Bortowers(nterest�the Propertyr or i.`� ;•:r. �':.°
<br /> ' =� 4 : �� other �ial trnPaUmment of the t�n aeateC by thls Secur3y tnstrument ov Lende�s securtly mterest 8arrower shafl etso be fi :; ;-��.
<br /> - _ �-`•�. '•• '.c-`' ' det8u$@ Bo�VOwet.�9 tAe toen ePAfleBdaR praCess.�ve rt�erieRy►f815e or heccurate�tortnatton or statements to lendet(or '_;_�, �.':.�'_.,
<br /> '`' � C".�. :. �fted W P��de Lend¢r wRh eny mat�fal(nfotmatlon) In CotuteC�on w�tA the[oen evIdenced by tha Not0. indtd'oig. but not � �� �'•F
<br /> {°Y `� -�` W t fnnRed to. �eDresentadons conceming Bo�s cecupancq ne tns P�y as a �t �esiQ�ece. It this Sec�udq * ` f �
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<br /> , E..� lRSV4ff18f1! iS OA 8 iB85B1101d, 80tfOW@�Sh811 COrt1AN W7th 8U tll8 pfW/$fOfLS 0}tA8 18858. If BOtfOW�BGQUIfBS f8B dl(B t0 tl18 ,
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<br /> Y; 4 , : .�Q_ Ptoperty,the teesehotd and the f�t�te ShaO not m�unless Lend�ag�ees to the merger in wtirting. � � ;Yr � :
<br /> -=i:.: . `:.:.:.' < � =:`�� 7.Proteation oi Lender's RtgMs in the Property.�eorrower ta�rs to pertorm the covenants and agreemeius r � :��-,c;.< <;
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<br /> -°:7C. `:.���: .=•r Con�ted in this SBCUritY MsOUrstent� or thete is a Iegal proeeeNng that may signifieanUfl efteCt Lendefs rights in the ProPertY � ..,`
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<br /> -.�`. , � • ;, (such as a proeeeding fn bankruptoY. Prohate.for eondenu�ettan or torfedure or to entorae lavrs or regulaUoos?.then Lender may � ,y:. :.�:`.:;.,r—
<br /> �� '." do and D$y for whatever is neees�ry to P��►e vatue of the PropeAY and LenAers rights tn Me Property. Lenders actions � � ,_
<br /> �9�. �,: •'_,�`� may 6schide paying any sums secured by a Gan vfilch has pdorily over this SecuntY Instrumen� eDRearin9 in couR. DaY�9 �"' �� .
<br /> ,�� �,'4` reasonable attomeys'fees and entering on ths Property to make re0aiis.ARhougt�lender maY tflke acdon und�H+is paragreph � �,�i T
<br /> o�� - '�f� 4�1 ].Lender does not have to do so. �
<br /> � 5�,� My amounts dlsbursed by Lender unQer peragraph 7 shaq become ad�ional Qeht of Bortower secured by tAis Securdy ` . ._. ,
<br /> ���,.,.�� � tnsbument Unlass Bormwer end Lender agree to other terms of paymerit. these emountG ShaU bser trnerest irom t he 4 8te o f � i. � _
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<br /> d'isbursement at the Note rete and shaD be Paqabl�.wal�fi�upon aotiee from Lender to Boirower cequesttrig paYmenL
<br /> - ` � . '`- �. MOftgBg@ It1�1�8tlCt. it L.onder�equbred mcrtgage insurance as a conddion of makEng the toan sec u r a d by t h k `„"� �=•��:�•
<br /> �� ` � � gecurny instrumertt,Borrower shaU pay the premiums rsqu6ad to mafreffiIn the martpage insurance�eBecL If.for anY�son.the '', v��
<br /> �_�- .. � �, mortgage ins!uanca coverage requrted by Lender tapses or ceases to be in efteci.Bortawer shaU pay the pr�nhuns sequbred ta � _
<br /> x.' obtain coverage subsmnUaUy equival�nt m the mortgage fnsurance prevWusty in eHact. at a cost substenliaity eQuivel�+t w the ' � -..5 ..
<br /> _ . , :�s cost to Botrower ot tha mortgage inswance previousty in effect,fram an altemate rtwRgage insurer a�pro+red by lender. If -�'�.•�, . .. ,
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<br /> �: subsYanUUaltyy equhratent mortgaSe insurance couera9e ts nat avaaaEle. Boaawer sfiatl pay to Lender each mor►th a sum equal to � �
<br /> �,'' . �,'°-- 1 one-iwelfth af ffie yearly mortgaSe insurance premLim bemg Patd by Bormwer when the huur�nce coveraBa lapsed w cease�to i•: .a�`_Y.:,
<br /> - ` ` ",` pe tn elfect. Lender wfU accept, use and ratain these payments as a bss reserve� Geu ot mortgage insurance. Loss res�ve V t :� �.'��r;•t,-
<br /> .,f �• `�, .{�:r- :�``:, payrnents rnay no langer be requtred. at the optlon af Lender.rt moRgage insurance covenage(§�the emount and for the perlod ;. ., ._g r=
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<br /> � §:� r � ffiat Lender requhss)Provided by en inseirer eDProvad by Lender e�tn Oecames a+raitab�and is obteined. Borrow�sMall pep ° _
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<br /> :'�..,�`•.� ` � - �- the Dremiums re4�tred W mah�tatn mortgage insurance in eNect,or to Orovida a toss ressnre.untD Uie rec�hament for moRgage �� ::�- ,::•`,';
<br /> .�'i".`� L .- � insutanee ends tn atxordanee wDh eny wrmen agreement bebxeen Borrower and Lender ar app�aL�taw. _ , '�`�
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<br /> :��;.; :..� : --r`�,�; 9.i�8CtI011.Lender ar�s ag�t may make reasonabte entries upon end mspecUons of the PropeRy. Lender shaU gi�e .
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<br /> ��;,. .. Borrowar aotice at Me t�ne of or pdor to an inspectton specdying ressonabte cause for the bwpecUon. � ,
<br /> ,• ��,. • 10. Condemnatt�n.The Proceeds of 8ny a�verd or ciafm for dantages. dUect or conse4uentlel. in connectlan wfth any -:� ,
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<br /> , • condemnatton or other taking of any part of the Properly,or tor comreyance fn lieu of condemnation,are hereby assigned and i 3 ,:.
<br /> �L�� f shaD be pa�W lender. , :i ''j� -
<br /> °�`:i'�• � - -. In the event of a totai taking of the ProPerry. the P�eeeds sAaD be appUed to the sums secured by this Seeurity ,! ���:
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<br /> ,;�,.. :. . ..::< Instrument, ahether or not then due, wnh any eze6ss pa�d to Borrower. In the event ot a paR1a1 ffikirtg of tAe Property o�whtch :_,,;,,:,;,
<br /> � �t • ` the talr market value of Me Property► �ediateN befare the taking is equal to or greater than the amount of the sums secutad , .r-
<br /> �t.' � ..i by this Secur3y Instrum�t immediaLery betore the takfi . untess Bormwet end LenQer oiherwise a� in wrtthi@, the sums '. ,: �;; �-
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<br /> �:;;��i. . � . secured Dy thb Seau�y tnstrument sha0 be wduced by the amount otthe prac�ds mulNpfmd by Me fotlowtng bactbn- (e)the ; c:�.=,�:_
<br /> '' ,�,-� total emount Of the sums secured immsdfateiy before the ffiking,dNid80 by @)the tetr meAcet vaius Of the Property immed�atety ,�:,�1, '����.�'•!
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<br /> '�_ ,� , bef0�e the f8k619.MY b818t1Ce Sh80 be petd t0 BOt(Ower.ln th0 event Of a peRi81 t8k6ig Of the P�Opetly b�t wh(Ch th9 f8i�m8tket '��y s
<br /> ��'` � � • vatue of the ProDertY►mme4iatety befoce the mk6�g ls tess than the amount ot tAe sums secured bnmediatety betare the taking, `""'�'�
<br /> t E:,., '� � , ,•,;� untess Borror�er end L.ender otherwise agree in wridng or unless eppt'icabl� taw otherwise provides, the proceeds ShaD be � =
<br />•_t";', • � appiied to the sums se+cured by th(s Secur�y instrument whether or not the sums are then dua ,Y,�:
<br /> '-`�•' '� � • t if the Property Is abandoned by BoROwer,or U,after noUce by Lsnd�to Bortower Nat the con6emnor ofters to meke an -.:�'3�`v��'* '
<br /> .t�.:.��._-
<br /> ���� `'���.� '• '• award or setde a claim tor damages, Borrower taas to respond to Lender within 30 days after the date the notice ►s gNen, � . ,
<br /> ;,�'.'.` ' •; `.; Lender is 8utho+�ize0 to cofleCt and 8ppry the D�o���� � opUon,either to restorallon or repair of the Property or to tne ��
<br /> %.�;:;�. . sums secured by tAis 3ecurily lnsuument,whethet or nat then dua •`a�'
<br /> �� ;: . • Unless Lender and Boaower otherwise agree tn wrftirtg. arry apD���on of proceeda to pr(nctpal shall nat exDend or :.r__
<br /> � ,, ��t: . . '. : w .
<br /> � postpane the due date of the monthry payments referred to In paragnaphs 1 end 2 ar chan88 the emount cf sucn peyments. . • 1=.�".';
<br /> ��;#:"`:'�,' ;� �� � � 11. Bocrower Not Relessed; Forbearance By Lender �lot a Waiver.E,aens�on ot tt�e ume ror�raayrmem ar
<br /> �t a , � • .. modifieaUon ol amortlmtfon of the sums secure0 by Mb Security Instrument pranted by Lender to eny successar in interest ot � _
<br />,-°--�;,.��: . :. - Borrower shaU not oDerate to retease the liab�ity at the alg�al Borrawer oc Bocrowers successors�interest l.emder shall no! - . ..-
<br /> �*';..'- . .`�. be requbed to oammence P�eedtn9s e8ainst eny suecessa in tnterest or retuse to extend time for payment or otherwise � �:?
<br /> .•r'�:�.,.
<br /> ,=•�°,. mod'dy amorNmtlon of the sums secured by thls Seaurily tnsttument by reason ot any demantl made by the original Bortower or ����•`�,;. '`
<br /> :`.�T':,;�''. , , ' - BorrOxrers Successors in interes4 My forbearance Dy Lentler c� exere�stn9 anY right or remedy shaU not be e waiver af or : `
<br /> � . prectude the exereise of any rtghe or wmedy.
<br /> �,f�:�. � � : , �� 12. Successors and Asstgns Bound; Jolnt and Severai �tability; Co-slgnera rne co,renan�s ane
<br /> •-•��-f.' . 3 agreertrents ot th�Secu�fty Instrument al►ail bind and benefR the successors end ass�ns ot Lender and 8orrower, subjeCt to the .
<br /> �# � � � .'�'� provislons o1 peragraph 17. 8ortower8 cwenants and egreemenb shall be Joint end several. My Borrower who co-signs lhis
<br /> .,F,�-�.a.... _ .
<br /> ' Security fnswment but does not execute the No2e: (a)is co-signmg this Security Insfrument only to moRgage,grant end c[►nvey �- `1'
<br /> ` :;i:;i;.�..:..
<br /> ��j; �; °` ; • '. E that Bonowers tnterest in the Properiy under the tertns ot this Securiry Instrumenk (b) is nat persortalty obligated to pay Me
<br /> ':�. � ,. ,; sums seeured by this Securkyr Instrumenx and fc)agrees that Lender and any other Bonower may agree to eoctertd modify,
<br /> r� " forbear or make any acCOmmodallons with regard to the term9 of this Securily Instturnent or the NOte with0u!th8l BortOwers _ ,' .
<br /> : i - � . consenR • . . .
<br /> ' � 13. loan Chargea �r tne �oar+ seeored by m�s SeCUrity Instrument is SubJeCt t0 e Iaw whiCh sets m3ximum 108n •
<br /> ; �:;.;•:� , .. ,
<br /> :�:..,,:� . chargos, and that law is finaty mterpreted so that the interest or other toan chargss coUected or to be col(gCted In connection .
<br /> � wfth tne loan euceed the permmed limits,then: (a)any such loan charge shan be reduced by the amount neoessery to reduce . -
<br /> `r��;';-�..• � . tho charge to the permitted timih end (b)any Sums atready collected hom Bortowar which exceeded permiKed limits will be ,
<br /> �,. retunded to 8onower. Lender may choose to make this retund by reQucing the princ�al owed under the Note or by making a
<br /> � � dQect payment to Bonower. If a relund reduces prmcipal. the reductlon v+ill be Veated as e paRial prepaymgnt without any
<br /> �.,,•,:�, , prepsyment Charge under the Note. � � �
<br /> ':'s!:-•��� 14. NOUC@8.My notice to 8orrower provided for m this SecurAyr InsWment shalt be given by deiivering it ar by mailing it .
<br /> •� � by first c�ass m8ii untess applicflbte law requpes use ot enother method. Tha rsotice sAall b0 d'ueCted to the ProOerty Address ' ,
<br /> s'� � • or any oMer address Bortower dosignates by noNc9 to Lender. My �otiCe to Lender shatl be gNen by lkst cles9 mail to '.. "
<br /> ' � �•' . ; Lentlers eddress stated Aere�n or any other address Lender designates Gy notiCe to Bortower. Any natiee provided tor in this .
<br /> ,�,;::'.:: � • ; Security InsWment shall be deemed to have bean gNen to Bonower or Lend9r when given as provided in this paragraph.
<br /> ' 15. Governing Lew; Severabillty. rn�s SeCU�Ay �nstrument sheit be gOVemed by }ederel Iaw end t�e �aw o+ ine
<br /> `e`''.•';' �_ 1 JutiSdiCtiOn n whiCh tii9 Property �s loCeted. In thp event th8t eny provision or C18uSe o}this SeCUrAy Instrumont or the Not9 �
<br /> ConHtts wah appl�cab�e law, suCh conNiCt Sh811 not BHeCt ather proviS�onS o�th�S SecurRy InstNmgnt Or the Note wh�Ch can be •
<br /> ,`�`�;;^.� � given ettBCt without the ConfliCt'ufg prOvS�on.To th�s end thg provisions o1 tn�s SeCUnry Inst►ument and the Note ere deCiared to ` .- .
<br /> {
<br /> ...�_::'�` . be SeveiaDle. . ;
<br /> �f� .. : 16. Borrovvet''s COpy.eonower S�e��b9 gNen One CcntormBtl Copy Ot tba Note dnd Ot th�5 S9CUtRy InStrument. , , .
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