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<br /> � • 7. Pr��'dtan of Lendea's F4igh4� In the Propsr4y. It BoROwer taIIs to peRosm the covenants and agreements c � `
<br /> ' corqened in this 3�curtty tnshumen4.or there is a legal Proceeding that may slgnHicanty aSect lender's dghts in the Properry(such as
<br /> � a proeeed�g in bankrumu.Y�Probate,tor eondemnaticn ot to�re or to entorce lavrs or regulatto L�a Ts aetlons cnay inctude P�8
<br /> whatever is necessery to protect tha vatue of the Property and Lender's dghts in the Props�ty-
<br /> ' any aums sewred by a lien whtch has p�tor�1Y over this 3rcucity instrument.apAear(n9 tn court. Paying reasonable attomey's tees and .
<br /> . � ,� entering or+ihe RroPertY to malce repalrs• Nthough Lender may take aetion under ihis parsgraph 7,Lend�r does not have to do so.
<br /> � � ,. .< � My amounts disbutsed bY t.ender under th[s para3taPh 7 si�al� D�C°ms additional debt o! Borroxer seeured by ih[s Sa�dty " e�'
<br /> , � Instrumerit Uniess Borrower snd Lender agree to other tetms of paYm�mt. these arrtounts shaU bear irrterest irom the d3te o! � .
<br /> I dishursemant at the Note rate and shafl ix2 payable.rvith irrtwest,upon noUae trom lendet to Bosrawet req¢est1n9 RaYmerrt. ,
<br /> �. Mortgage Insuranee. it 4ender requi�ed martgaga Insuranee as a cond'31on of maidng the loan �ecured by this Saeurity �Q
<br /> � .- inshurtsart. Borrower shaJl pay ths prEm'•ums required to rtah►tsin the mort�ga(nsurance in efiect .If.for any reason.tha mortgage , y: ,
<br /> ��<;-:"" ` insurance cov�aSE��t��bY�nder I�psas or ceases to be tn eifect.Borrov�er shal pay tha premiums required to obtain coverage a "
<br /> s
<br /> • • subsffintlal�l PcNivatent to the mortgage Insursnce Prevtau�ly�n effe�.�a�st substantial�r equ'nralent to the cost to 8orrower a!the ,_� ,
<br /> . moitgaga insurance PrewoUSiY� e�e�. fr°m e����e mortgage insur�r approved by Lend2r. B substantfaUy equivaient mortgaga O �
<br /> tnsurance covEra92 is not available. Borrower shai] psy to Lender each monih a sum equal to on`�trre4fth ot the yearty mort9398 � �,.�;;
<br /> e
<br /> i8 � IBe� .
<br /> .._....._ _ . ���
<br /> . insursnee premfum being p�ld b3►Ba,�awer titih�s ihe lnsuran e insuranee.�Loss reservee Paymants may no tonger be requir�.at the � _ -_
<br /> � retan these payments as a loss resenre in Qeu of mortgag _—
<br /> � op�on of Lender. N mat9s3e insurence coveruga ([n th$amourrt end for tha p$rtad that L�nd� requ'.res) pmv[d�d by an (nsurer — _-
<br /> �`�'� �pipyed py Lerr�g again becames avs�able artd is obtaU�ed. 8arroVrer sh�ll pay the prerrJum� requi.�d to msLrtein mortgage �°�-
<br /> . ;`?; insurance tn efte: �-*to pruvtde a loss reserve, un�l the requirement for �r,�3a tnsurance ends in accordance with any wrtten ._—_
<br /> �;__---
<br /> � . f agteement bahve�=:'rowe►and Lendat or appQcab[e Iaw. Lender shetl give �'- -�
<br /> • : ?1,� 9. (f1S�18�0I�- L�nder or its a9ert maY �n�ke �°n��e ��� upon and inspections of the Property. __--
<br /> Barro�rer notice at i�e ttme of or F�ior to an inspectton specityh�g mas°nue�e cause for the tnspection.
<br /> 10. COnd�':',_.StiOft. The proceedshet�P�aw ad�r �7��g�����a�U'on eaQre!-u3'�Y assigned and shaU be
<br /> •;��i condemnatton cr�..�er taldn9 oT anY P
<br /> . -.�,' p�id to Lender. -�the PmperlY• �
<br /> . • ���!s'; t� ths ey�� s a total t��. - the proceeds shaU Ce �,r'izc! w the sams secured �y tht3�Sscurti�/ IttsUumenl,
<br /> ��--- ..
<br /> ` ve,��d.i'�cr rte2 i°:� due.wEtt:�e:'`- ���p�d to Borrower. r;he event of a partial ts-..; 'i the Properiy(n which the talr madcd
<br /> �,;`( y�
<br /> ;i.;�r;. . , i vaiue of ffie F Y� lmmed:�r�?� `-dare the taking is equ�t `: or greater than the ama:.�. oi the sums secur�ed by thts 3acurfiY
<br /> F>-^
<br /> � lnsWme.nt hnr•'+a3�aiev before tha ffiIdng. unless Barrower ano i.ender othenaise agree ln emting.the sums secured bY thIs Secu
<br /> � lnstrument sh� �e :�educed by the amaunt ot the procee+ds multi,olIed by the tollowing mmo�e��� h���of�y�su� --
<br /> secured imrt:ad.�y hetore the tnking.dhrtded by (b)the fatr m�rket value of the PropEriY _
<br /> - ,., to Borrawer. in the evertt of a partia!taWng of the Propertl/ in whieh�he tair market value of the P7operQl/immedlately
<br /> � snell be paid
<br /> . . .� befare the TaMng is t�s tfian the amo�mi of the sums secured imme�atelY before the tr�'rs;, untess Horrower and Le�.�'athernEsa
<br /> � agree In wrttlt�g a' :mless aPRIlc�b�e Iaw othennrisa ptovides, the proceeds shall be �fii�i to the sums seatred trt t1`ir Seai�lll
<br /> � Insdument�vhet[u�:�:not the sums are thc�n due.
<br /> u�Q p�peni,s abandoned by Boaower,or it,sfter no?Ice by Lender t:����"�n'e�-`=��g COndemnor ofters to make� x�c�d ar
<br /> 4:!�.. settte a dehn tor damagas. He�rower tails to resPond to Lender wlthln 30�-=�.'cer L'�e �Ea tfie noUce is given,lender iE t���� �
<br />-;;-"�::- the proc��at lts optton, etther to reatortiUcn or re.�a:r c�the Pri-.�rl flr to the sums sewred by fl;u SecuritY
<br /> � tp ocUec!and apPN
<br /> tnsUurrtent,v�hether ur not ther�'-��
<br /> Untesa 1+��+�d 8onovter othe�wl9e agtes N wiitl�,'�!a 2�QT�����a art:ouM o1 such�paYm�'�t�end or postpone tha
<br /> ' due d�te af the-cnthN PaYments��e�to In paragraD
<br /> 11. 6orrower No! Released: Forbearance�y Lsnder St�31fYaiver. Exta�ston ot tna wne tor payment or
<br /> � ' enocfiReation of amortizatton of the sum3��ori�nal�Botrovre�r ar Borra�Y2fs succesaorsan�tnterest.B Le�rtd shall no�b�equ,red o
<br /> sha0 noi operate to reiease the Ifabi.itY
<br /> • , ��mence Ara;,ee�nqa egainst any successa tn fMeresi or r�fuse to extend Ume tor psyn:yr►t or othervrise modty amorUzat[on ot the _
<br /> . ' ,f. ' sums s�-�{'��`���y��nd�in exc�cfr.g eny dghtIIar remedy shr�i'.�'.t b taevaiver of orpredudo the�exerclse af arry dght or
<br /> (ntete'.:t �
<br />- :;i.' ,-. . .�. � reneey.
<br /> :'�'."'��`.�:• t�..scus�ssar$aetd/�:�`3na�aundi Joint r�rr�f Severa5 �abilIty; �ar3gner9. 'rhe covenants and
<br /> �r';:`:';Cs'.�._•::'�-i'.`' `''` -
<br /> ;�F,, _ ��,p��E.�� �i,;lis geqimy G,�-�r.ter►1 shal b:nd and batd�t:1e IIuccessors and 8....��� oi L.ender attd Boim'ner. subject to the
<br /> • • � �o��_���u:ciL.sph 17. Borrowers eave7�.ts and agree.�:Ents shall bo;ofnt and s�e:�. My BaTror�el who co-signs thfs Securtty
<br /> A:
<br /> _ � tnstrument L-�:L �9-.� no1 aceeute the Note: ;a) is costgning this Seatfity irtr.tiunoi po�nN��ob 3�'��'-�t���e$ms secured
<br /> �:a.` : Becrower's int�st in the Property under the terms of lhis.,.ecurflY�nstrumer�(b)
<br /> _ . . py�� g��y���m� and (c) a�ees that Lender�:d:r�ny other Borrower may a�ee to e�Rend, modiiy,totbear or make any —
<br /> ,.-��«•.-�. •.• to tertns ot this Seeudty l�sW:rt2n1 or the Note witFtout thct fi.srrower's cons-"nL
<br /> ,, ;-��::: errcommodatlons wHh regard ---
<br /> �3,dpgtL�Cli8Tge9. lt tha loan sewred by thts Secudty Irtstrument i� subje::[R�a law whtch seto meximure►ioan charges.
<br /> and that larv I�c.1�ialry tnterpreted so that the Interest or othEr toan chc.��coiteeted or to bs eofteeted In conn�ll°n�'�the toan
<br /> � exeeed the pe*..'�tted tlm3�,then: (a)any such loan charges shail ba re�t�Y.c:S by tha smount necessary to reduce the charga to th. '
<br /> .,:, � aermitted IimtG snd @)anY sums&'ready�°1���TM0m B0�0��which ex��ed pennfited ttmits wiil tra refunded to Borrower. Lend�" __..-
<br /> .3����' � may choose to malce this relund by redudng the P�(nc1Pa1 oNeO under the Note or ts.{r.aking a d'sect PASRnent to Boncxa. U a -_
<br /> refund reduees Pr(nc�Paf.tne reductton wi�be treated a�a parttal preAellrrten�ryf�a�u;�I�'=payrrtent charga ander the Noio.
<br /> � � � noflee to Banov�er provlded far in th(s SECUr::r' ►•"strumem�'.'�i ba giren by deL�er(ng ft or by maffln9 ft bY
<br /> 14. fdtti9,�ea Arty Addre�s or ca
<br /> �� {�t�� rna8 �ntnss apD�cabte law requhes use o1 enother meth�. l�'c�otico E�►all be dreeteC to the Properry Y
<br /> a11mr a�.s:'z.c��orrveer de�ignate�s by notice to Lender. �k.�y nottco to Ir�.n �hail be given by tltat class mail to Lender's ed�"s _
<br /> n;c_
<br /> ' .. �' ,iufc::�e�or nny o1hEi addresa Lendcr des}gnates by��ti�xi to Borto+syr. Ar.Y n=='rn�rovided tor in thls Seeuriry In�:v-�e-' f:h �_,fc.
<br /> . j ba deemed to havo bEen 4''ren to Bo�rower or Lender vilt�srt�•;cn a3 provt�ed In tA:s�1t�'IAa.b ledErsf taw an� '��f �'Y� c:' N•`3 ��--::.°
<br /> ' � ' � 1S.�rsammtn� L.aw: S�VBIablllty. Thio Secudly Instrum�t sh�il ba J.:, y tgM<<,
<br /> " , is located. In lha event that eny PmYi=`•�,�or ctauso 01 thia Security tnstrument o�the Note cc-1f6�:i �"
<br /> : ;: juri�d,cilon 4�which tha Propercy
<br /> � �cah!p 1�-av,suth contlicl shall�ot ntiecl other provislons oi ttni =:curfty Instrumenl ar tho No2o wh'.ch �n he g�'�en �ff,.c7 �_--
<br /> v�Eth app.i
<br /> " � • v,rilhaullha cenlAetin9 pro•rision. To this end the provisians ot thts Sewrrj Inatrument and thv Noie are d�clared to ba caverab'o. �,
<br /> ' ` i 16. Botrowev's Copy. Borrawer shaU ba given one comortrted eopy o1 th�No`e and o!thi�Sssudty►nsirumen� ��,-
<br /> 17,Tynsfs!af the property or a Beneftcial Interost tn Bonowar. i! 8�7 or sny p� 01 the ProREriY or st►y
<br /> �:�:.'-
<br /> � � • I inier�i tn 1 l3 soid ar transierred(or F1 a bsnellcL31 lttt�cst(n Barrouer t3 so:d ar tran nsferredtuU of M�utm3 sewred by th�SE�rity •
<br /> • ' � � withaul Lend�'s pr:or a�fiten eans�nl. Len�er may.at(Ln optton.req��:m immedu►te PaY� ..
<br /> • �rtMnrmenL Hovrevv.this opLon sha7 not be exerdscd by Lcnder it exerc+se L proh:hiicd by ted�rcJ taei tis ot tho date oi thl9 S�CUY.Iy R LL
<br /> � � Instrume�t. "
<br /> it Lender exgcises this aption. Lender sha7 g�'ve Barrowe►rto;tee ot ecee'cratton. Ttro nottco shaJ pravtdo a pertud o! not less
<br /> than 30 dlyo frem tha Qato tho noxae t9 deldrered or rtta:ed wiih'.n whlah th�Borra'xcr must paY a9 sums secures by thts SeeudtY •.: ".
<br /> . InstrumenL (f 6arro+12►taiis to pay lhesa ssm�prlor to the exp;rat:on o!this pe+tob, Lend�m3y fnvoko t�tty trntrdes V��m 302��
<br /> Sce�u(,y Instram�t erithout tufthJ noL'co or d�m°nd on Barroxer.
<br /> � � P�g9 3 0!5
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