|
. �t '
<br /> � ,
<br /> � ,. c: , .. ,. .
<br /> . . ,.
<br /> .. .,...... . .. .. _ ..._�...-----�
<br /> ,. . .n. -... ._.... . ... .
<br /> �.,i. �__.t__._._.. . _ . _.. o - _. . . . . ... .., �
<br /> u
<br /> v
<br /> � ' Bonowar may c�ro suoh a dotauit untl rolnntnto, na provtdad In pn�apraph 18, by oauoing tho not�on or proceedtng to be
<br /> . �dlsmissed wqh e ruitns Ihah in Lende�'o good fatth doterminatlon,preoludea tortutturo of tho 8orrovraro I�terost In!hv Proporty or
<br /> . othet matcrbi tmpsUmCnt ot tho I�n crCntod by lhi� G:eurlty Inatnrmant or Lendars aoaurity interest. 8onower ehall ni�o bo In
<br /> • datnutt 11 8orto��cr,durin� tho toan nppt!eatton proeo�a,anvo matesl�iy talso ar infleoureta Intormatton ar atetemanta to Ler�dar(or
<br /> � talksd to ptovlda Ler�der wGh any matarlal Intortn�t�on) in oonnootbn v�8h the loan evidenced by tho Noto. InoNafnp, bu1 not
<br /> Imttod to, roprosentatlone eonoaminp Bortowora ocaupnnoy ol tQ�o Property uu o prtnot�ai rostdcn�o. U thls Sc�urity
<br /> InttirumUnt b on n Ioaaohold, Barrowor ahall oompy with u!I tho proviuknu of the teano. If 8orrowor noqulroa tofl tRb to tho �
<br /> PropGrty,tho ksnaohotd nnd Iho f�a tttt�oh�li not morQo unio�o Las�dcr atyQOS to the morgar In writln0• �
<br /> � 7. P�oteatton of Le�der's Riphte in the Property.�� eorrowor m�� to peAOrm tAe oovAnqntO and agro9mcnta �
<br /> • contnhed tn tP�ts 8eourity Instrumont, or thoro is Et lop7d QroCeodtnp thnt r�py 318nifbently tlfteot landefe rl�hte In ihe Property (�
<br /> ' ° (auah as a prcrceadtnp H Oonkruptcy,proCnto,tor cond:mnatlon or torto�uro er t�eMorco I�wa or raputntlonn),thcn Londcv mny �
<br /> • do and pay tor whatever Is necessary to proteot the vulue of the PropaRy and Lende�s ri�hts In the Property. Lenders aat�ons � �_
<br /> .° �, may Ina�do payhg any sums eeoured by a Ibn whioh has prio�Y ovaz ih1� Soaurfty Inatrument, apPasr4�8 1n aourt, paytng �„! .
<br /> �J�'� rc�usonubte uKOmoyo'tao�md antaring on the PropaRy to muke ropalra.Atthough Londer mny tnko aot�on und:r thls pnraQmph �
<br /> �� • •'r' 7.Londar does not havo ta do eo. -
<br /> f:;,.
<br /> My amounta aisbursod by Lendsr undor parcgraph 7 shatl b000mo addR�onal debt of 9or►ower secur¢�d by thls Securtqr
<br /> ' InsUument.Unless 6ortower and Lender agroo to othor terms of payment. theao amounte ehatl 6e�r intaost 4rA�'�th� dsto of � i
<br /> �� disburgement nt tho Ptote reto nn6 ahail be payabte,with Intemst, upon notica hom Lender to 8ortpww roquasthp pAymrm4 =
<br /> _. � 8. Mortgag� Insurence. It Lctnder tequlred mortgoga Msurenoe fl8 u Conditton of m9lthg the tottn et►au:�Ld �y tht3 �;,
<br /> � „ . Seaudty Inetrument, 8orrower ohail pay the pwmtums roquired to mahtmin tho martgcgo Insurenco�►ottoot If. tar snr rossa.i,the -:
<br /> mortgngo Insurance oovarape requ►red by lender tapsos or coases to bo tn M�wt, Borrowor ahnit pay tha p*�'ums roqukod to �`_
<br /> L'�.;
<br /> � obtein eovomgo subutsntinYy equlvalant to the mortpage ineuranao previousy tr� Mfeot, at a eost aubsteniktUy o$ubntent to the ���
<br /> aast to Bortowor of tho mortgsgo hourarice prevWuely in efieCt,1ro+n en nitamate mortga8e insurer npprAVad by Londer. If E�:'
<br /> � N- sabstsntiauy equkalent maAgage insumnee eovorage b not avN�abla,Barower ahalt pay to LAnd2r eaoh momh e sum equal to ___
<br /> ,,. onatr+effth of the yoarly mortgaga Insurartoe premlum being paid by Bortower whon the IneurAnte oovsrape lapeed or ceased to
<br /> ^ , be in etteo� Lenda�wtU exept,ues and retntn those paymenta ae a bss resorve in If�u oi nro�t�a8e 6isumnce. tows rcacnra �,-
<br /> � paymonts msy eo toagsr be�equfred,at tho optton ot Lender,H mortSa9u tnsuranae covareg�(In tha amaunt end for the p¢rtod �-
<br /> that Lender rsqutes)provtded by an haurer approved by Lender egatn bacomos avatiabb and ta obtabed. 0ottower shail pay
<br /> tAo prc�mlums requtrod to mutntutn moRgage Insurance in eifeat, ar ro provtde a losa resrmc►,untU the roqu�a+r�t fOr m9rtpego �i:�
<br /> m --
<br /> .. tnsuranco ends h aaCOrdance�rRh ony wtltten agroemant bohveen Bonrowor and lender or appUae4�b law.
<br /> • ��, �J, ��B�QOUOD.Lender or L�aQnnt may mske roasonabie enlries upon ond inspeotbon8 of tho Propmty. Lendtr shlA Qbo _..
<br /> ` BorruevF,s notice at the ttme ot or prtor to an hspeotion epeo(yhg reasonabte oause tor th�bEp�ctbn.
<br /> 10. CORd�QtlDattOD. fie proceeds of any avrard ot oiatm for dsmegos,dteot or ooneoquontt�t,h oonnaatbn wfth any
<br /> ,, aondemnetlon or oth�tekhg ot any pArt of the PropeRy,or tor conveyance In Ibu of condemnatton, aro h�nabY ase�ned end
<br /> ., eh8p be peid t0 lendet.
<br /> �'� • In the evant ot e totai takhg ot the Properiy, the pro��ees shflp be applied to tho sums se�ured br thb Security
<br /> InsWntent,whether or not then due,wkh ony excesa pald to�xrrrowcc3r. In the avent o}a partist takl�g of the Property.in whbh
<br /> �-_ ,_ . , thn mt mwkst value of the Propeny immsdinte'y�otoro tho tskdng b oqual to or greater than tha amount.ot tho oums caaured
<br /> �.
<br /> ., by this Securiiy lna7ument tmmedlatey Dotor+n �[na takhg, unitise Bortovr�' t�nd Lender otDerwiso a�ro� tta vrritinp, ti�e sums °
<br /> � ;� secured by thEs�xurily InsWment shatt bo r�flur.sd by the amount oi tho praaeeds muRpiled by tha foY�~��mD hsotbm (a)the
<br />' - � ' totat emowt of the Bums secured Ynmedtstey before the tekhp. dMlded by�r)4he totr ma�lcot vct�e of Ifw if'�:oReAy Ynmadiatey
<br />�,.... ,::%�!S}'1 L betore the takt�q.Any balartaa s7+n�be pa�d to Horrower.�n the e+rent ot a part4�1 takhp at t�vA('ropeRy In e�IniCh the fatr merket
<br /> �a,:, :.,,,..,. .
<br /> ,..���.,� �
<br /> � '� ,,;i••+ value of the Property lmmedba�n,l 0ofore the ta.king Ia bsa thnn the amoun!ot the aums s�n,r�od knmedk�tety before the tsilc 0�
<br /> .. �� ...�;r..,� , ueless BoROwer�md Lendar oih�rvvise agree h wrtcing or uniess eppt7cabte Iaw othenvise provides.the proCmeds shall be
<br />��� `�"''"���. app�ad to tho surra.�aeawad by thb Soaurtty tns5�ument whether ornot tha�ar.�s are then duo. _
<br /> �P�`�'`�� ""'� If the Property Is ebendonad by Borrower.or H,aftor notice Dy Lender to Dorrowet that the condem�sn oNers to make an
<br />}.:.. . ...t,?r
<br /> awetd or settte e olatn fa Eemegas, Bortower tails to respond lo tsnder wkhin 30 day8 after tho date the notice Is pHon,
<br /> =."�Tr '��'�� Lender b nuthorlxed to eollact sn�!eppry the proceeds,at fts �plbn.okhe�to restoratbn or repaM of the Properiy or to tha
<br /> "`` � '�; :,;,ry suma secured by this Sccicar�ty I��trumont,whflthor or aot thes��sa
<br />_�•�.�.��_',F�! . Unless Lender end Borrow�r othenvlso agreo h wdt�ng, +mY ePPlicatton of proceeds to pnc�ipnl shetl not extend or
<br /> �-::;,�';���-r;�.,� poatpoaa the duo date of the monthy RaYmentn refemed to in psrnyrapha 1 und 2 or r.hanpe tha�rt�cs!nt c+?muoh paymento.
<br /> *����� 9 9.Borrawer Not Reteased; Forbearenee By L,ender N1��a Welver.E�Rension at t�i�9inx►for payrtient or
<br /> ="'�'°'`;"'�^?!'� modiHcaUon of emartl�a4ton ot tAd eums secured by this Socurity Instrumpnt Qmnted by L.e�►d¢�to eny suaaesaor h hUrest ot
<br />��;}+��:,.;,_. 8orrower shaU not openale to r�s'sase the Uabqity af the ori�ir,A9 �urower or 8wrowei's nvr,.cQSSOrB in htanest Lsnder shall not
<br /> ;�.�l,�;;��• be roquir8d t0 CommenCe ptooD�dhgs flpAhst Bny suCCeS�o7 En t�terost or retuse to t�arrd tbne [or payment or othlxwi3e
<br />_,.,���r,,�,,;�L2'�
<br />�,�.,,,.. .��.�-., modHy amoRi�tbro of the suma secured by thls Seeurriy Instrumant by roas�n ot eny demand rrtado by the odghai Bortower or
<br />-=•=-r.}� . " 80rcOwerB suf�esbo�0 h interest. My tortreainnco by LenOer h oocorcEsU+� +Ny rlgAt or remedy eha�l nx�!be a waiv0r ot or
<br /> :•-ti�.���.� Prooiudo the ex�encise ot onY dpht or remedy. -
<br /> , 7�.Suca�aaora end Assigrte �ound; Jotnt and Severel Linbility; Co-algnero. ���e aovenanm ana
<br />; .�`=-`"�' e{yyeert�ents of this 5xuriy Inatrumsnt shail bind end benetit tha succsaaors and assi�na ot Lender end Borrower,aubjoot to the
<br /> ''i�' proristana o! pereBrepA 17. Borrowers Covenanto and agreemails shati be Jolnt and severel. My Borrower who co�rslgn�thfs
<br />---'"��^^�-••-`' 3ecurtty Instrumee�t but does not arecute Na Note: (a)Is co-signhg this 8ecurit�r�natrument onry to meonflepe,grant a�d aonvey
<br /> .�•_�t�s:,:�.
<br />���� that Bortowefe interest h the Props�Ay undor c�tertns of this Seaurd�r tns2rumenx (b) Is not pernonaly Cbt�qatod to pay e
<br /> ==--�-�-- -•_ sw�� axv;ai.l Gy thi� Sa;urky lnatru�� �ttQ {C�3gtC"9 t4e9t!PnM�nnt7 any othsr BortowOt m8I cigr98 t0 �ttertd,modlN. —
<br /> ' ::,��Y fa�benr or make any ucconwr.o�atWns w8h n3gnrd to the terms ot thb Soeur7ly�nstruma+t or the Note without iflet BoROwera •
<br /> �`jirS;,�Y'. �� COfl88flt _
<br /> . ':%�7''c�:�;'r ��� 13. LOd11 CIIaTg��. R E�o ban secured by thl� SocurUy Inabument Is subj�t to a taw whloh sats maxYnum ban _
<br />�� ��':�•°�� � chorgvs,end Na3 tsw f�frauy intorpreted so that the Inter�et a otfier toan ch�vges coUeated or to be aoilectctd in eennoatbn _
<br /> �� wRh tho loan exc�d tho pcxmkt�td Itntto,thon: (a)eny Quoh toan eherQa 3qn11 bo redunnd by tho amaunE nece3sery to roduCO _
<br /> tho eha�o to tho penmBtad I�ni� end(b) eny sums alroady coUeeted trom Borrowor whbh oxcen�al wormttt9d Wn�s rfi:l bo -
<br />�{ �,:'�. •-� ruNnded t� Bortowet. Lender s,ry�y ohoo�o to make thb retund by raduehg tho prinalpal owed under ths Wate or by mekhg a
<br />- , dBeot paymont to Borrov�r. aP a rotund �duces pnc�pa�the ro6uotton wG7 be trcwtad ns u partial prapammnt�RZnut eny
<br /> _ ,,, , ProPaymont charpo unBa t��:cts.
<br /> 14.M041C�.Any oaUro to 8orrowc�provtded for h this Sacurdy lnstrumont ahull bo BMan by e,4�.:�flnD it or by m.�tt�h�g E!
<br /> _ , by ibttt elas3 RaSI anles�otpppcuble taw rot�r�uso ot nnothcx mothod. The notiCO sh811 be d�to Rh�P�opaty+Addres� -
<br />- � or any athor rtQB�sss Bor►owo� designates by notico to t:ander. My notico to Londer shatl bo gNan by lhst a4�aa maU to _.
<br /> icnet�n ea�+«�+R arasr�t�e�nr nnv other addresa Lender desbnates by no�co to Botrowor. My not�o provided Por in thls _
<br /> - - -__ _= Soeu�it�r In�trumont shau tr�dtt:mnd to haw Eoon gluen to Borrower ar Lendor wAon 9krsn no provtdad n thn parapmpn.
<br /> � 18. Caove�ning Le�; �ev�rabliity. Tn� sxu�ay Inatrument ah81i bo govomod by todomt Inw ond tAo 41w ot tho -
<br /> jurisdl�tlon h whbA the PropoRy Is bcatod. in tho want tho.t eny provlsbn or olausu of thb Secufiy�naErumont or tho Noto
<br /> � canRlcta with appikabb�w.such conNOt sha0 not atiact oU►c3r provisbno of thts Securii�r InaUument a tho Noio whbh cen be =
<br /> gNen oileat w9hout the contlie�provislon.To this and tho prorisione ot thb Socurii�+incWmont and the Noto ero deatarod to °
<br /> bo aovambt4.
<br /> , , , 18.BOtfOWCr'8 COpy. Bortowar ohall bo gMOn ono conlom�cd aopY ot tho Noto and of N�s SacurHy InnUumonG
<br />_ ., , D .
<br /> _ � F+a�at►ao�,iao1 aaoo�ot a _1=._.--. �---
<br /> � QDt65 -
<br />
|