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<br /> r. porrativrr enc�ikon te�tt�H tA�ha Prapa�ty, iho taasahotd and ti�o(uo title eh�ti not maPpe unT��9 I.ender eg�aoe lo INc�mr,�'ge►M w�t�p, - '- ;�}_��;�.t.
<br /> . � " .7: PrtiteotlOr of L+gndor'e Rlpioto (n thd p►'u�eriy. tt Hairowar talls to p�►(or+n tlia oavmente enti egras��w7to �.�,��
<br /> ta
<br /> ,contnkiecl Hi tid�9oc:uriry Inatnimenl,ar thcro t�a I��el procoacNn�thet mny eipnllicantty attact lAnde►'e�iphte In t�o Prop�►tf►(ouch �te , �, �.��=_:,-=-
<br /> � n{NOaes�}4ip ln brnkruplcy, prabato,tor candemnetlon or farialturo or lo entarca I,�we or reputntl�ne),Ihen lc^�der n�ay do �nd pay tor ,.. _
<br /> —� �vfietev�r le nh;a��n�y to prot�ct tho va!uc�ot tho Proucrry and 4cmdn+'e dnhtn In tho Pro�ertyt, 4onda's actlono may I�c;ud�na)�np ���Y , ,-- -r.'�
<br /> euma t�+:u�•ot�t►y n tinn �vhtnh hte prtatlry ova th�e 6ocuriry h�atiumant, c�qaadnfl tn couR. Payt+�g rc�e�neb+e s:tw:s�y'o t�s and � _ _-
<br /> - - - -� i�u t� ^ to nafeo r efro, SfthvuQN L�xter m�y l�k o e a u►n u nda tAle p a r e g r�ph 7,Lond�r doee nol heve to do ao. � '- � - ` -
<br /> 6P�6�n9() t111� (Q�1�J�I {1 '�
<br /> - �`.�"� ��yi d�oa�6��3n G"�hil����by I.eit�"'tm�:r tftt��wra�+mnh 7 eheY 1�eCOne addtitan�l doh! ot f3oROwC! a6�umd by thl� l"�tudh► E-1 - ---
<br /> ---_- � - � � lnsS��M�t. Utk.�!� k�errew�'an� �andar egree to othor tem�a o1 payntii��t, thaae amounte ehaN boar Intaact honi tha dxte o1 f; '
<br /> � dl�burerment n9 tt�P NnY3 mta end ohaN ba pnyablo,with Intercnt,upan�otica hom Landa to Borco�ver�uquaatN�g puyment,
<br /> . , t Q, MOfB�yfi��t Oit(�tdr�:tlCa. If lcnder rcrqulred mattgago Instur�n�o aa a canditlen of outkA��iha laan aacurod by ihle 6e,ni�lty � :
<br /> t Uotruintnl, Uuna(�rr.c oi:fN p�y lho prcxnluma roqulrod to matntn►n tho mu�tpapo Inuurnnc�In ot�oCt. II, tor �ny roeoon, the motty�qn �
<br /> Fneur�nw coveru�e rocK�i�ud by I.an.,^�r lapoo� or coasos to bn in cftoct, Dortowa ehnY pay thn pranluma raqulrad to abtein covcrnfle
<br /> � . tuG�t�ntl�Ny�quN�t�ri ta th��ma�'^v�Yn�a�nauranco pravlouay fn ottoct,e�t a cost euhotsntla�y �puNnicnl to tha coat to Domower a11he
<br /> monp�pe ineurence prevlouory In af4e�l,hom nn ellemato mortQnflo InAuror epproved by L�ndor. if aubotantfa6y equ�vatont ma�tyt0e i
<br /> Intur�no�covarapo la not nvanpbto,HOITOIVM BhflII E1Lly 10 I.@11d�t CttClt manth a eum equai to onmAvollth of tho y�atly mortpapo
<br /> , . . Inaur�no�premium ba►nfl pntd by HuROww whan lhu inau�nnua�uv��aue ky��ad��c;�a�t3 b:,t� c1t;.ct. Lcnd��,:u! •=^�;•t. ��•••nd � � _ .
<br /> ret�tn Iha��p�ymN�lr a��luse roame In Ilau of mortpspe inau�nce. 4osa resarva peymonta may na lonper bo raqulrod,at iho opUon � „ . .
<br /> . � of LantNr�II moApape Ineur�nca coverapo pn th�amaunl snd tor the peried that Lende►r requk�)provldod by an Int�urar �provad by ,,,
<br /> ''. • lend�r�p�ln becomaa avaitnbla end 1�oGtalned. 8anawer shall pay the premlums requkad to mnlntnln mon4agn insurnnco in eNect, ar _ ,.
<br /> Io provide�loaa ra�NV�,uniN Iha roqukumont for moriflapo Inuuronce ond�In accardana0��Nh any wdrian eflrartmonl boQvoen OcRUwor l�
<br /> and lond�t or appllcuhH law, � `�
<br /> • , fl. Intpsotlan. lendor or Ita aflent may makp �c�sanabto c�itdos upan c�nd Inspatillona o1 tho Proparry. Londo�ehall INo �
<br /> BoROwar notlae�I tho time ot or pdar to c►n tnspflotion spaclryinfl rcasonablo cauae for tnc hspttailon, ;
<br /> � �� 10. Co�d�mnailon. Th��peoceeds ot flny awe�rd or claim tor damages, diract ev onnaoquontinl, In cannaGtion with any �
<br /> ' condann�tf�n or�the t�kinp at eny psA a1 the P�opurty, ar tor convoyanea In Ilau ol candarnn�tion, ara horohy c�oulflnad snd nhap ba j
<br /> � p�td to Lender. { •
<br /> In th�wont o1�toul t�king ot th�r Pr•q'cv�, iho procoodn shnll ho eppliod to Iha suma eocurad by thla 9ecudty Instrumont, �
<br /> wheth�r or oot th�n du�,wtth Rny oxca�a R�1d to Bartower. h�the ovcnt o1 a partlal taklnfl o9 tho PropoAy in whloh the fak markel �
<br /> vdus ot Iho FRopaaty Immedl�tey bofore the taking Is uquul to or proator than tho emounl ol tho numa eocurad by thls Sacuriry ;
<br /> , Instrum�nl Immedlatay before tho tnklnp, unte�s 8o►rawer and Londar othunvlsa agruo in w�iting, tha sumn oocurod by lhls 8ccurfty ,
<br /> -- Inotrument ahall he roducati by tha Amount a1!hc proaeods multlplled 6y tha toliowlnfl haotlon: (a)tha total nmount the o1 aumn aacurpd „�.�
<br /> Immeci�tey heforo Ih�I�kInQ,diulded by(b)tt�r 1�(r markot valu�01 the f'�oparty immodlatoty betoro tha inkinp,My bnlanco ahnY bs�p�ki , :
<br /> to Bortowar.�n Ihe evenl ot�perllal takinp of thQ Proporty in whloh tha talr ma�COt valuo 01 tho Property Immadlatoy bntore thn WI��� ��
<br /> la leae th�n th�r mwunt o1 ihe auma necurod Immadlatoy botoro tho takin�, unlo3a Bot�owe�flnd Londot othonvlso n�rao in wdi�ng or ,
<br /> unte���ppticehte law otherwbe provldee,tho procoeds ehnll bo eppllad to tho suma aecurad by thta Soanity tnstrument whothor or nol i
<br /> Iha eume ere than due. ' •
<br /> ._ _- fl tho F'roperry ie 1101ndonaci by�oRO�ve►, or ii, a"nar eotiea by Lv'tidas ia Stsr�.~lti.3:!!s�ra.�ntlemner otten't°n�e an°wnrd or t=—.._,__. - - ;
<br /> eottte� clalm tor ciam�qea, Elarrowor tnlis to roapand to Londor wilhln 30 dAya atter tho data tho notlao ta c��ren, landor Is autho�ed to ,
<br /> collecl�nd pppy th• proceeda, at Ite aptlon, olttior to routoratlon or ropair ot the P�roperty or to tho auma securud by thl� 8ecurity �
<br /> .�.__ . . , _. Inatom+�nt wh�ther tu nn) lhen due. � I
<br /> _ ___� ..._.._...�. , .,.
<br /> . Untds9 4utid�► oad�o�iow6i OfhtttKico aQroo In writing, any appBcatlon o1�?roo�oda ta pr�ncipat ah�u not ex�sna or posipono ina �-- = == - -� - _
<br /> dua date o1 tha monthy paymant�rotcrr�d to ln pnrnfl�aphs 1 And 2 or chanfla the am�unl ot suoh paymcnta. I '.
<br /> 11. 8orrow�r No! R�I���od: Forboa►Ancv �� Lendv� Not a Watvou F.utenstc+n at the timo tar paymont or
<br /> modl�c�tlon o1 amartitpllprl ol Iho oume aacurad by thls Sacurity Inetniment granted by Londor to u�y auaaoasor In Intoroat o1 Bo►rowcn ,
<br /> eh�ll not oper�t�to roialae thA Iipblliry ol th�orlpinul Bartower or 8ortowor'a auocosaora In intorost. La�der ehul!not bo requkosi ta �
<br /> commancs procaad,npa�palnat nny auace�eor In Intoroot or ratuau to oMond limo lor puymc�nl or ot�anvlso modtiy emottizatlon o1 thfl
<br /> sum��ecured by thl9 8�icurlry Inetn�mail by�ct�son o1 nny domund mado hy tho odflinal Borto�ver or Borrowar's euccossoro In IntoroAt. �
<br /> My IorEe+u�nca by lt�dw In o�arcletnp any dpAt or ramcdy shall not ba A wulvor o1 or prooludo ihe exerciso a1 any dght ar�emadyr. �
<br /> 12. 8uoc���on Rnd Ns�l�n� Bound; Joirs4 A�d &averal l.labllity; Ca-aignorfl. Tho covonanto and nflraomnnta �
<br /> ot thla Securiry Inoln�manl ehatl bind end banatl tho aucaosaoro and aealans ot Lendor end 6o►rower, subJect to the provislons o1 ,
<br /> p�r�pnph 19. �orraw�r'�cavenente und apraomentn shall ba Jalnt and savoral,Any Hano�ver who co•slpne ihis 9ecudty Inatrument but
<br /> does no1 axocuta tho Noto: (a)Is co•alpn:np thfa 9QCUrity lnstn�msn!only to mortgage, gronl,end canvey ihnt 8onower's intote9t in tha �
<br /> ' PropeAy undar�he Irtnne at thla Ooaurity Inat�umonl; (b) la nat pstsonaly ahllgAtad to pay tho auma securad by thia Secudty
<br /> � Inetrt�manL nnc)(o) MflrAee thd Landar�nd any other Bor�a►vor may aflreo to uxlend,madity,to►bear ar mnko Any aanommadAtiona wfth
<br /> repnrd lo lorma ot Ihls Recudty inetrumanl or Iho Noto withaut thAt Bortower's consent.
<br /> I 1�. Lo�n Ch�rp��� tl Iho loan oacurad by Ihis Socu�lly Inatrumenl la eubjeai ta a I�w whlch sata mnximum laan char�es,and
<br /> Ih�t kw Is(in�lly Intarpreled na Ihe1 Iho Intoroal or altior loen chArpos collacted or to be caliocted in connectlon with the IaAn exce�d
<br /> ihe permlltad Iimlle,ihqn; (o)any auah lann oharflo� ahnll ba raduced py ihe amounl necosgt�ry to reduce 1he chergo to 1ho permlttad
<br /> Ilmit;and(b)ony duma�trFlAdy coloctad from Qorrower whlah oxcendod pormttted Ilmits will be reiundod to 8onower. Londar mny
<br /> chooa�to m�ko thla retund by raclucinq Iha princlp�l owod undor tho Noto ar by maklnp a dlrect psymont 4o Bortower. N a ratund
<br /> reducao princlpal,Ihe reductlon wlll ho trentod eo u poAlal prepayment wlthoul any propaymenl charge u�der ihe Nofe.
<br /> 14� fdOt1A��, My notica lo tlorrowor providad for In thls Security Instrument shpp bo flNon by delivedng It ar ay malllnfl N 6y
<br /> tirat claee tneil unluee eppttc�ble lew requl►e� uee at anolher method. The notico shall ba diroctod to tho Propeny Addrot�a or any othor
<br /> nddroas 9orrowa daolpnatoa by natico l0 4endar. Any nolico to Londnr ah�}l be�iven by ilrst ctaso mall lo Lend�r's addreas atatod
<br /> horaN or any othor pddr0efl l.andcr doal{�nntos by notlGO l0 6orrower. F1r►y noqce providad tar In this Secudly Inatrumcnt ahnll bo
<br /> do�med ta h�ve baon plv�n lo t�orrotiver or Gandcr when gNen n5 providacl in this�rt�proph.
<br /> � j 18. Glovor�lnp Law; Stovt►�abiii�y in�a 8acurity instrumeni aha�li bd qovc�+�ed by fedasat Iaw und tfia lar: o!ihe{urisdlcUon
<br /> I In whloh ihp Proparty la IocAloct. In Iha ovanl Ihnl nny provlslon or clauso 01 ihis Security Inst�umont or iho Noto conflicto with
<br /> epplle�blo tww, nuah confllct ohnll nal ntfncl atlior provl�lons oi thls 3ocudty Instn�ment or tho Note whieh can bo fllren offecl without
<br /> lho canAlotlnp provlalon, Ta thls ancl Iho pravlslona nl ihls Sacudty Instrument and tha Nata are doclared to ba aoverpblo.
<br /> 16, �or�owu'�Capy. fl�rrawor nlinll bu qlvan ono cnnlormad copy of ihe Noio ond ot this Socurtry Instrument.
<br /> 17, Tronot�v o1 ths Prope►ty or a Benellolal I�ntevoat in 8ar�c�uv�ae. H all or i�ny Pan of tno Properry ar any
<br /> Intoroal In il la eold ar trenalorr�ct(or II�ben�elicinl inta+aal In Danowor Is�old or tr�nstertod and Bo�ower la not a ne►tural per�aon)
<br /> wlthput Landor'a prlot wllilpn c:onoonl,l.cnder m�y, al ita optlon, roqulro Immudinta paymer.t in tull 01 All sums securod by ihis Socurity
<br /> Inatrument. Fiowwar, Ihic► optlan uholl n�l I�o oxo�ctend I�y l.undor II oxerclao is prohibilotl by iederal I�w us o1 tho dato 01 ihl� Soc.urtty
<br /> Inetrumanl.
<br /> It Londar axorctaos Ihta option, lCndcr ohnll piva Uorrowct notica ol uceeloratlon. Tho notica shall provido n period o1 not losa 1hAn
<br /> � 30 d�y9 hom tho date Iho notico la �Ipltvarorf nr nmtloil wnldn whlch tho Banowor must pay all sums securod by this S�curity Inatnimont.
<br /> i II Borrower fallo tu pey Ih000 ouma prlor to Iho o��,hntlun at thla poriod, lendor may invoka any romadlos pormitted by this Socurity
<br /> Inetmmonf wllhoul lurtha notico or damand on flu��uwar
<br /> 18, Aorrowor'e �Ight to Ralnotato� ►1 Ili�nnwar mooto carta.n conditlons, Bonowar ahall hava tho right to havo
<br />' �'n�u:1 ot 5 Form 3020 fl!'�JO
<br /> F1029.LM 14/U1)
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