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<br /> • p;iyntc�Ux utuy�te�lanlSkrr hi�rc��ul��cd.m U►c upUon ��P I.cndcr,if martgaBc insuruuce coverugc(in thc umaunt and far thc perfad � ,��.
<br /> � Ihcd In��idcr �r��a�lrc+l prnvlitr�l hy un Inyurcr n�p�avcd by l.c►�dcr u��iin bcc��mes uvuilnblc and is abtuincd. Bunowcr shull puy � �;-_
<br /> ., tl�c p�rmlau�9 rr,�ulrc�l to inidntuh�n�un�tapc iir.+urc�nre i��ef'1'cct,��r to provide u lass rc�crvo,until the rcyuirement far mc�rtguIIe � ��:
<br /> . ' i�ti:urunc�ciula lii urr��+�l;u����wl�l�nuy wrUlcu uprccmc�u hctwecn[3nrrowcr und l.cndcr or uppticablc luw. � �;,:
<br /> ,. . 9. 6t����:�a�tlQn1�� I.cnder ur Ita ultcnt nroy mntic rc��a�mnt►Ie enules upan unJ inapcctionx of the Pmperty.l.ender shall give � �-__
<br /> . ��' `� Ilurtowrr nullr�� i�t tlu�tlnn��d ur��Uuth�nn i�r�pce:tinn�.��i�:lfyintj rcns��nnt�lc ciwsc fUr thu inspectinn. � ��
<br /> � ' 10, t'�nule�nui:�lEuu� `I I�a pr�a:rc�t�; of��r�y uwnrd or rluim ti�r damuges, direct ar rnnsequcntial, in c�nnectian with uny
<br /> c+�u�t�:►�m��t!►�u ur u�hrr Inhtn,!��I �s+�y p���1�d'11►c Pi�uperty. or fi�r cim�cynncc in licu��t c�mdemmUion,urc hcreby ussiQned und � ��
<br /> `:,;.�1' hiwll lic pi►1�11n I endr�. `-
<br /> " ''' lu�h��L'YCI10 11C11 1�11(l) (UItI0t1��� (��� 1'uqs;:tly, Ihc��rucced»�,lmll hc iip�licd tn tUr3 swny secured by this 5ecurlry Instrument, __
<br /> ,.�;ai:�'� cvitcthcr ur n�U Ilicn�tne, wllh uny �acehr piifd U� li��trower. In tlte event of u parti�al toking of the Pm�.zxrty in whlch the fair _
<br /> ^,�w�+-U'9���', murkct v�ilue u1 11i�I'oupctitY Imu�ti�dinte ty f�e fi►re N�e tu k in�l a e y u u l t n o r g r e m a r t h a n t h e�u n o u n t a f c h e .u m s s e c u r e d b y this
<br /> �i ' _ ;` Sccurity In�Glinnicau Uauur,Uutcly I+Cii�re tim�nkh��I. unlcss�»rr�iwor�md l.endcr athcnvise.i(�ra;in writint;. the sums szc�red bY =
<br /> th{�, "n•c�ir{�y I�i�:�ruiaE�n1 �dmll Ise a�duced I�y Ihe nntottni �►f thc pmeeedx multiplf�>d by the fa l lowinb 'Jaae t ion: <a►ehe toml L
<br /> �t nmuu�il oY ti�e ��um+r.ccui�•�I Imn►r�llntely bLtim; tl�c takinj;,dividcd by (b) the foir nwrket value of the L�'roperty immexilutely
<br /> '; hifi+rc ti�r luklnl�.Auy tr;duncc r,hnll li��pnid tn I���rr�nvcr. in thc cvem of u piutiul tnkinQ of tho Prop�ny in which thc fair
<br /> � niarkct w�luo�►1�iho Ih���rerty huurcdlntriy hLfare tl�e t�ilcin�j Ix Icsx thun tNe uir.our.r.oP the sums securcc9 'srnmediately befare the
<br /> ' ;',`�'', tukli��,tndcyv liurruwcr un�l IAndcr uthcnvit�c n�rcc he wrltln���r unlcss upplicuhlc luw othe»vise providcs,thc procceda shull
<br /> � �T y � ' hc up��ited tci A�u��um►nccu�cd hy�hfe S�curlty In�tcumtnt whcther ur nnt ihe fiu�n.y ure thcn due.
<br /> �::• ,,. If ti�r Pr���uny ir►nMni�d�nic,l hy Iturro�vcr,ar ii.ullcr naticc by I.ender ta 8ormwer tha�the candonn�nor offers tn rnn?ce en
<br /> � nw�ird ��r r.cnic n dnim 1�►r du��►aj���, �3i�mtiwcr fi�Us tu resp��itd tn [.cndsr wit�in 30 days nfter the d�t� the natice is givan,
<br /> [.endcr iN uutDuriral tn cullccl mid upply Ui�prnrecdn,ut itx option,efther to r�stomtbn or repair af the Property or to tho sumfl _
<br /> '�' .`'� �� sccur.d Ny�hf�� SSrcurity Inr+�runtent.�vhcti�cr nr n�tit then duc.
<br /> � Unlrss lw�nder �uid ifnrr�nver utllcnvfFC u�cee i� writia�. uny applici►tton of pmc;eeds to principrl ahali not extcmd or _
<br /> ��`�`�- p��stpone the due dnte��t thu mnnthly puymcnt�rofcrrcd to in pnrugr�pha I and 2 or chan�e the umount of�uch paymenta.
<br /> .'..:,-,•;;� 11.11s�r�vnti�cr f+Yot!tcicuscdt Ifiritcnw�nce Fiy I.ctt¢!cr Not a Waivcr. �xtaruiion of thc time for pnyment or modification
<br /> �Y�"``„' "' uf nmurtb�►d�m�►f Aie nu�ny nccured by �hlx 5ccurity Insu•ument�rnnted by i.end�sr to c+ny succeasar in int�rest of Borrower shall
<br /> "k'�� ��� ncit opernte to retcatic llic liuhllity��f ihc�nriginn� �inr!'uwcr ur Borruwcr'K�ucaa+►sorx in fnterest. Lendor sh�ll not be required to
<br />__-�M��:,.:_; comnunee pmrecdin}�n u�uliist nny succescur in interest ar refuxe.ta exteitid tiir.a fiu payment ar atherwjse madify amortization
<br /> "�;s-;;� ' af the humy :s�cure�i by 1biK SccurUy InStrument Ny rc:+`on nf uny decttund mnd: by the oriainal Borrower or Borrower's
<br /> _ '�%��=' succcw�ors in intcrost. Any func�aeanrc by I.tn�lcr in zxercfxinu uny right or remr.dy xhull not be n waiver of or preclude thp
<br /> v��,.�;,.��.
<br />--.— ,•;�••� cacrci�so oi any iigi�t at�s�sly, �
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<br />�. - '� ?'� 12. tiucrcxwi� uiid Asslu�iy Uoundi ,Inlf�t nnd (deverul�Wabbliay; Ca�1�yn�ra. '[Yic covennntR and ngreementa of tl�is
<br /> � "�„''"`'�' Sscuriry Instrumcnt KBnll bind un�t bcetcfli tlie tiuccc�sorK nrui ussigns of Lcnder ard Borrower. subject ro tho provisions of
<br /> a.�u:L�L51Yw�0� "
<br />--- --=— patagraph 17. 8orrower'c+ c��vennrnn a�td o�{ncmm�iK xhnll be joint and severul. {iny Horrawer who co•aigns thia Secu ty
<br /> ���,�� Instrumcnt but d�es noi oxccuto the N��to: lut Ir+c�►•di�ning thix 5ccurity Instrumcnt only ro mort�qge. IIrnnt a��d convey thnt
<br /> _- E3oreower R intcrest in tho Pmper�y undcr the tcrmn uf thix Sccurity Insttua�csnr(b)fa not persunnlly abti�ated to puy the suma
<br /> --_����;;.�`-:rf sccurcd by thi.�Saurhy Instrument;antt(c)agrces thut l.cndcr imd uny other Borrov�er may n�r�ee to extend,modlfy,forbcur or
<br /> �.�L=`;�,";�� make nny acccsmmodntians with rc�3nrc!tn Ihe tcrms��Y�tdx Sccurity Instrunxnt or thc Noto�vithout that Barrower's consent.
<br /> �� 13.I.aa�CUu�'ges. If thc luan hc��urcd hy thie Sccurity Instrument!y aubJect to a luw�vh�ch seta maximum loan charges,
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<br /> "��'.`e�:�s� nnd that taw is Anally interprcted r:o that the intcrcyt��r cither lonn chnr�cs��►ft2cted ar to bc collectec� tn connection wfth diu
<br /> ;�,.,• � � . loan excecd the pcnnitted limits. thcn: (n) uny r:uch lann ct►ur�e whull be rcx1uced by tRe nmount nccessary to reduce tho chart,a
<br /> ;__�t , to the permitted ifmit;und(i�)nny eun�s ulrcady ��dlectcd from porrawer whtch exoee�dsd perm{tte�i[iiaidts wlll tse roftmded to
<br /> "r""'�°i� Barn►�ver, l,cnder may cNoc►�c to niukc thix�fund by rcducinp tho princtpul nwcd undsr the Note or by matcing a dieect
<br />---__-_----�— payment to Botto�r�cr. If u netLnd �,�duces prinripal, the rcductinn wili be treat¢d av u partinl prepnyment witQ�out uny
<br /> --==__ Frepaymentcharge undcr the Nntc.
<br />----�- 14.NAlECCJ�Any not[oc t��imnwcr pravidaf fnr in N�In Sscurity fi�;trunmut shull bo aivcu by dcltvering it or by mailina
<br />-== -_-- it by flres cluss mnil unless uppllcublc law rcyulres ur,c�►f nnutlier methcxL 9'he notice shnll be dlrectcd to thB Property Addres;.
<br /> —�-- - m ur wiy ochcr uddre:,s Borro��rer deslQnutes by �wtice tu l.auter. Any notice W I..ender shu{1 bc Biven by first ctuss nuiil to
<br /> -�—-----�-�� Lcndtr's uddress�tatcd hcrein nr any oQ►cr nddress l.eirdcr drsi�nntes by n�iticQ tu Horrow¢r. Any notice�mvided for in this
<br /> _ _-- - -- sscurity Inst�ununt shaq bc deemed to hnve ixcn�ivcn tu Hurrcuvcr ur Ixi►Jer�+I�e�ti IIivcn a,;provfde�t in thix pnre�rnph. r
<br /> ��wx' �� t3.Govcmtrs� �.fl�vt �cv�rnbility. '[Y�iw 5ccurfty Insl�amicnt FI14II hC uavciueJ by ftdcraf luw and thc la�v nf tho
<br /> -��"'�'��� jurisdiction in which the Froperty IB iucuted.In the event Ihnt iuiy�ravlRlnn ur rlaune i►t tAis Secur►ty instrumont or tha Nota
<br /> �:.,,���� conQlict�with applicuble Inw,�;ush canflict xl�all nut uffcct other ptywfxtnnw i�f ti�ie Scrurity Incitrumtnt ar tho Nnt��which cun be
<br /> --�n„��� �iv�n cffect.n+lthout thc ronfltctin�pravinlnn.'i'�►tl�tx cnd tin nrovinluux of�hl�Sccur�ty lrrttrutnent mtd tha Nutu aro dcelured
<br /> _�:-�; �r.,�
<br />=-��°�-:-°���.s� to bc ncvemblc.
<br />_�:�;�:T:�� Id.[iorro�er•e Capy.Iinrtr►wcr nhuQ Ge Esfvcn une amtin�nted cn�Oy ut'Ihe Nute�utd ut'tAis Security In;:trument.
<br /> __�;;.,;..,,.,; Form 3020 fltfla
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