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<br /> Y. Pro4aaati�n of L�nd�r'a RI�Fi9s i� 4i►o Peopoeiy. I1 Bonov�or falts to perform tflo covonantu and aflrcc;m�ntn
<br /> aontninod In this 3caunty Inutrumcnt, or thCro 15 a I�ga�procc�dinp tt►nt mny alpn8�anty nitcot Lcndc�s rtghto 1n tho PtopCrSy(ouoh ao
<br /> q proccading In bnnkruptoy, probnto, lor aond�mnotton ar tortatturo or to onforoo la�+a or rcputatlono),thcn Lcndci mny do and pny for ,
<br /> v�hntGV�r 19 rtcaosanry to protcct tho vatuo of tho PropCRy and Lendcru righto In tho PropoRy, Landa�o aattanu mnY tncludo pnytng
<br /> , ' cny numu acaured by n�^n whtoh han prlority ovor this 8couriry InoWmont, appa�ring In couri,puying rc�aanubb nttomoy'a tcos nnd �
<br /> cntr.rfng on tho PropoRy ta mako repalra. Afthougb Lcndar mny tnko aotton uadcr thl�paragrnRh 7, Londor doon not hnvo to do so. �
<br /> My amounta dlsburood by �ndcr undcr thts pnrapraph 7 ohQll b¢oomo addNtan�l dcbt of �arrov�cr oeaurad by thls 8�aurity �
<br /> Inotrumont. Unlo�e Bortowor nnd I.endor aflroo to other tarma of paymont, thoso nmounts ahnll bear Intorost hom tho dsto ot � .
<br /> dlsburocmcnt at lho Noto rato and ahatl bo pnynbta,v�lth intoroat,upon not�o from Londcr to Bortowcr rcquoottnp paymont. �
<br /> ' 8. INOP4�8�d�i18{IPBflCQ. It tAndor roqukod mortango inouranco As a aondKton of re�aking tho fonn nacurad by tt�l�&siscurlty �
<br /> � inoWmont,8orro►*�cr ahnil pny tho promtuma raqutrod to malntnin tho mortpnpo Insusnnce In ofloat. If, tor any rosaon, thu mortgago � �.:�
<br /> ��' -� " Inautnnao aovorago roqulrod by Lendar Iapeou or acocca to bo !n otfoat,8ono�var shall pay tho promlums roqulrod to obtuln oovorago � � :•_
<br /> ...�...j.�,�"':
<br /> aubstantluly ctquNobnt to tho moRgAga Inauraneo provlousry fn utteot,at a aost substantt�ly oqulvutent to tho aoat to Bortower of tho
<br /> moRgags Inauranao prwiouary In ofteot,trom an nkomato martgago Insurcr approvod by Lr.nder. IP subsWntfaliy oquNalont mortga8�
<br /> Insurenao oovoraQo 1� not tsvait�b►o, 8onowor shail paq to 4cndcr onoh month n aum equni to on+rtwelfth ot tho yearly mortgago �
<br /> tnBUmnao premlum botnQ paid by Oarrowar whan tho lnsurenco aaverepo lapsod or coaood ro bo In eftoet. Lander wili accept,usu and ; �
<br /> rotah thaso payments as a lose rosurvo h Ilou ot mortgupo tnsuranco. Losa rosorvo pnymonts may no Iongor Ho requtred, at tho
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<br /> " optlon of Lander. tl mortQago insumnco covampo (In tho amount and tor tho perlad that Lender ruqu►rea) providad by en hourar
<br /> . appravcsd by Londar agaln boaomes avnit�bto nnd Is obtalned. BoROwor shall pay the p�cmtums roquVed to maintaU mortgngo
<br /> Ineuranco in uifoct,or to provido u loas rosarvo, untll the requlrement for mortgage Insurence ends In acaordance with eny wAtten ,..
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<br /> agreoment baiwean BoROwer and Lender or applbab�a Inw. y�.
<br /> : 9. Inspeotlon. kender or ite ngent may m�lce rensonabis entriea upon and inspeotlons of tho properiy. Landet sh�li gNe :�
<br /> 9orrorrer not4oe at the time ot or prtor to en Inspeotlon speoHyrtnB niasonabte cauae for tho Inspoctlon. �•'�:i
<br /> 1 O. Condemn�tiaen. The proceeds ot any oward or clslm Por damages, direct or consequentiai, in conneation wlth tu►y f:`.;
<br /> condomnation or other teking of any paR of the Property.ar for conveyance In t3su of condemnetion,aro horeby esaigned and shall bo '�
<br /> ` -.,� patd tD 3.ft+der. 4'
<br /> `��i;4}'n':"�,� tn Rhs�ev�nt of a totat taking o4 q;�a Property, the proceeds shflu be appifsd to the sums eoo�rod by thts Sacurlty Instrumnn�, �';-;�.,.,;
<br /> _ .,'r(_';'::ie,:'f ' �v._.
<br /> �. , ,_ whoth,.r ar not then due, wilh nny Eaxcess p�utd to 8orrower. In the avont of a paAlai taking of the Proporty in whtch the taY mArluat
<br /> '�i� valus of tne �o�ertY tmmDdmtey before the tekfnp Is equal to or greatsr thpn the aTnount ot the sums securu� by this Sacurky �;;._�:
<br /> Insirurt�nnl immscAale'� bafore the taking, unbss Borrower and Lendar olhenvlae agrae tn writing, the sums secured by this Securfty �•-•-
<br /> ' . � Instrurte�nl she� be r9duced by the amount of tho proeeeds mulNplled by the foibwtng haatbn: (a) t'ho totai emount of tho sunis -�-+-v.�_;-"
<br /> soeucad tnmediatey before the taking,d�vlded by (b)the talr markot value of the Properiy 6nmodtatey before the takhg. My bat�nce �%;'=
<br /> N whbh the faP merket valuo of the PropeRy Immedfatoly �°``q��
<br /> shall bo pnld to Bonuwer. In the evon4 oe a pnRbi taking nf the Property =�,
<br /> ;� betore the taking b�esa than the emount of tho suma securod immedintely betore the taking,unbss 8orrower and Lender othcur�iso --�
<br /> aoeum 1n wruino or unless aapOcabla law otherwiso provides, the proceedo shall ba applled to the sums secured by thls Seourity
<br /> rfi InaWment whother or not tho 6ums aro then due.
<br /> ., �} It tho PropoRy is ebandoned by Bortawer,or R,aftut notbo by Lendar to BoROwer that the oondomnor offers to mako en award or
<br /> ' settle a oiatrn tor demages. 8o�ovior h►fis to respond ro Lender withh 30 days after tho dita tho �ot�o Is gMon,6ondor Is autho►t�ed
<br /> � � to colieot and appy tho pracoeda, at Its optlon,ekhor to rostoratton or ropaU of the Propody or ta tho suma aecured by thls SoaurUy -.
<br /> � S InsWmanb wh�lh�r or not then duo.
<br /> UnWsa Londor and BortoNar otheryvlse agree In w►itng,any applbutton ot praceeda ta pthoipat shap not axtend or pobtgone th�
<br /> due date of tho monthty pvymonts roferrod to b pnmgrupha t nnd 2 or ohango the amount ot euah Raym�nt».
<br /> 1'1.QOf�OWCP NOt R�I@BIIOd: ForbeRrance By Lender Mot e Walver. ExtenBbn ot the tlms l0► p�ymMt Ot �:
<br /> mod(tlaatbn of arv�atirotlon of tho aums uocurod by this Soaurtty Innwmont grunto0 by Lander to nny succoacor h fnbwst of Borrowv F. :r
<br /> ehan not opemte to releass tho II¢biuqr ot the orl�inal Bortov�or or 8ortowcfa auccauaoro in IMer�eat. Lendor ehetl�ot ba nquted to �_ __
<br /> � ' � � aommenee proceodh8s a9c�hst any aueeoosor In hterost or rotuae to mRond tims for pnymont or otheewtse modNy aunortlratlon ot the [ .__
<br /> . sums securod by lhts 6ecurity Instrumont by ro�taon of any domnnd mnde by the orqlnal Borrower or 8ortow�f8 suCCesoore in �;--
<br /> ' Intarps� My torboaasnce br Londot In cxerolsing t�ny rl8ht or remndy shull not bo n waiver ot or praoMdo Ihe oxeralso of Rny dpht or
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<br /> . , ,. ' �omody. _
<br /> 1a.Ss�ocossors and Assigns Bound; Jnint end Sevoral Liabitity; Co�tgnore. rnv aove�anss and �_
<br /> agroements ot thb Secur�ty Inswmon! shatt bad and bonotit thu sueeossom emd asslgna of Lendor snd 8ortowar, subJoat to the �y_
<br /> , .��t: � pravbtono ot pnragraph 17. 8oaowers covonants and agroemonts shall bo joint end soverel My Borrower who casqns this SocurMy __
<br /> Inatrumont but doos not execute tho Noto: (n) Is co-signing thfs 3ecurriy InsWment onry to mortgnpo, �mn� nnd eoavay thnt �_;-:.
<br /> `��'� � 8orrowers interest h tAO Propc�A�unda�tho torms ot this Socur(ty InstNment; (b)Is not paaonnty obligated to pay the sums sacured __=
<br /> ';t.' ��
<br />__ py this SeourHy Inatrument;and (o)agress thnt Lendor end any othor Bortower may c9reo to exiond, modihr,forbear or mako any �
<br /> -";+••.•-. !' � accommodatbns wrtb rega�d to tertns ot thls Securlty InstNment or Ihe Noto wkhout thnt 9orrowe�'s consent. ���-
<br /> � 13.Loan Charflea If the loan socurod by this Socurlty inawment ts sub)eat to u I�w whbh co� mmckt�uat toan oherpes, �;-
<br /> � � �:��•• and that Ia�a b tbn�h htr3rprotod co that tho hterost or other ban chargos coit�x:ted or to bo aoibotod h conneoUor+ wfth tho toan a
<br /> � �+.�• -
<br /> ;'��� exeoed the portn(ttod I'untts,thnn; (e)any suoh toan ohnr8os ahnli bo mduced by the emount nocossary to reduce the oher�a to the
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<br />" � � permfttctd llmi�and(b)any sums a�dy colbotud ttom Borcower wh�h exceedsd pertnitted I�rnGn wlp tro rotundfld to Borrower. Londa �___.�
<br /> may ohoor>o to mako th1� roTund by reducing tho prholpat owod under the Noto or by mtUchg n d:roat puyrtient to Borrowor. If a �,-�;:
<br /> � rofund�eduoos Rri�oi�ai�91�.o red�ctlon wi;t bo trc�atod as a partial PrePnymant wltAout any prepaYm�t ehnrgo undor tho Nota
<br /> 14.NoU�es. My nottco to 8orrowor provldod tor In this Socudty Instrumont shntl bo gtvan by doiMorinp[t or by mnilhg k by
<br /> . , � first alzt►e mM unbss npplbablo tnw�ufrau uso ot anothor method. Tho notbo shaU bo dlreci�� to tho Propc�ty Addrtsss or nny
<br /> othor addroao Bortower desipnatos by notico to Lendor. Any notico to l.ander shall ba gNon by fhBt olnsa mnA to Lendor'a ndC,�sa
<br /> � stntod horein or any othcr uddreIIa Lsndor dosignatos by notico to Borrower. My nottco provlded tor tn thts Soouriry InsWmunt shntl ,,
<br />° ' bo dcomod to haro boe�t gNen to �ortowor or Lvnd¢r when gben sa providod In this pcsmgrraph.
<br /> 16.Governi�g Lc�w; Sevarnbility. Thb Scjcu�ity Instrument sha�i bo govmnod by fede►a� Iaw nnd tho l�w ot tho •
<br />___�_.__.__ — �,rlsdtatbn in�rhkh tha Prop�rty is locatod. In tho avont that any provlsron or ct�uso of thh3 Socu�ihr InaWmant or the Noto aonflbta .
<br /> with upplkrubM taw, suah contliat ahalt not aHoct othar provistona ot thlo Socumy matrumonc or ihs i3oie wnuti wu� �$:��": �
<br /> ' �_�_� _. _.._ ___..�..�__._..�.�,.., r n,e e,.w�no�.n„�rena et mta sncuritv Inntrument and tho Note nro deatarea to be e,iwwembkr. � �
<br /> _- •�- .ranw►�vo c�....��..ty M....o.,.... ._....__.__._ �----- - -
<br /> � � 18.BOP�OYi�'�'0 COp�/. Borrowor ahnli bo gMCn ono conMrmed copy of tho Pfoto and af tht�SQCUri2y InsWment.
<br /> �'7.Trunsfer of the Proporty or a Benoflc[at Intererst in Borrovier. It QII or ttny ptut ot th0 Proporty or Nty i
<br />= tnterost In tt b sold or transtortod (ar it a bonetielal intarest 1n BaROwe� is sotd or traasfem�d and Borrowvr Is not s natuml poroon)
<br /> � • ' wahouY londur's Pr�cr writtan conscnt,l.ondor muy,at tta option,roqui�e immedlato paymont M ic;3�01 u�l suma soourod by this Socuriry
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<br /> �:�;�' Inatrurncnt. Hor�avcr.�h�s option shaq not be exorclsod by Lander U a�xorolss 1� prohtb(tod by lociara;�pw aa ot tho dale of thts Socurk�r
<br /> • ' InptNmant.
<br /> � . _��., It lmdor exereNses this optWn, Londor ohall ghe BoROwc3r notico ot accebratlon. Tho not�e ahali prevl90 c�portod ot not bsa
<br /> ` '°���'��' thon 30 doye Mom the d8to tho not�Cm Is dolMored or mntbd wtthtn which the Borrowor must�oAy 0A swna soourad by Ihis Soourlly
<br /> .',�;,;,:
<br /> - '�.•1�.�;;. insWmont. If 9artower fails to pay tt�asa auma prior to tho cncpUnttor�ot this petlod,Lendnr may tnvoko tlny rotnodha perm(ttod 0y thls
<br /> - Socurity Instrurnenl wfthout Nrthor notbo or domnnd on Borrowor. Form aoso vJOo
<br /> FtoQO.IM�(t/80) pcpe 9 ot 6
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