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,, <br /> _ � <br /> � ..�, Q . . _ - <br /> � � 6artow«n�►a,n won .a.lwt .nd �, .t provtd�d In pNq�y,t� 16� by ow�Y+O ua aouon a pooN6np a b. <br /> dsn�Ms�d wNh�ruMnp tIW�fn L�ncMr's pood Wlh dNwnrnWon.P����ol th�8ortoww'a Int�r+tt In th�PropRq a <br /> :� ' othu nwMW hip�Yn�M a Ih�Mn aMt�d by thM �owMy In�1n�n�n�a Un�Mr'. aarNy IntrM�. Barrow�t�h�N dso b�In <br /> � di�! M Oon+oww.dudno IM lo�n�PP�P���Pv�mN�Mly NM�a NNaarnt�InlamMllon a styMn�nt�W L�ndv(u► � <br /> � , � MNd to pro� I.�nd�r wkh �ny mNMW Inlon�tlon) N oonn�oYon wNh Iht loan MAw�a�d b�r tM Not�, M�dudnp, but �wl <br /> ...� ..,r ArtiM�d W, npn��ntdlon� ooneNnM+q 8ort'rnw►'i ocaup�ncl► ol tM Prop�ry �� � PiinolpM n�ld�na. N Wt B�aNN9► <br /> J InatnrnMM M an •IMUhdd, 6ontrwM ahY oonlply wNh � tM D���� of Ih� IM��. II 8onoww �oqukM Iw tlIM to IM <br /> PropM'ty�th�MnNiotd�nd th�iN tlW th�M not m�r�unl�s l�N►iyr�to IM nNrp�r h wiMY�p. <br /> ` .� �. 7. Prot�otlon of l.�ndsr'�Riphh In th�Prop��tp.n eonow.r w�s �o p.nomi tn.oov.rw�a.na aqrwrMna <br /> � '� "• �� conwn.d h u�it e.owlly In.wn�,�. «�N.r. a. Mp�l poo..�w �n.1 m.y .IpnMc�nay.n.a L�ndK�s ApM•In aw Prop�rlr <br /> '� ` ' <br /> (sueh���ptooMdiny In b�nbuplcy,Prab�q.la oondwm�tton ar lorl�kur�or to�ntorc�Nws a npul�tbn�1. th�n L�nda nMy <br /> ��, :. . ... .�.�� do�nd p�y 1or wh�t�rn k n�wy to prol�at ths v�w ol IM Propwty�nd I.w�d�►'�dphts in th�Prop�ty. Und�r's�otions <br /> i. � ,t nwy hdud� p�ybp anY sums peund bY � Mn whbh h�s pdoiNy ov�r thls S�cwqV In�bum�nt. �pwNp N oowt, P�YM�O <br /> ..: •:,. � .$,�;�„ . . �Mwn�bN�aan�ya' tMS�n�'i mtwlrw on tM PiraP«�Y to m�k�ipah. AMha+oh L�ndw m�y t�k��oqon wdw tM�prpnph <br /> �•• 7. LNIdK dOM flQl(1wY1 l0 d0 t0. <br />��-.;� � My�b di�bu�s�d ar UndK w�d�r pr.onpn 7 .h�N b�aon�.a�t�ond d.bt ol eo+rowK ..onna by cn�. S.aNNy <br /> �,� , Instnwmn4 UnNas Bonoww �nd Und�r N� to othM t�rtns W p�ynwn� Ih�u amounts shal bw fnt�t Irom th� d�01 <br /> �• . `" y a�aKSwn�,t��tn.Na•n�a and.�b.pay.cr.wan�n�..�.upon noua trom�.nd.►�0 8o�rawK r.qu.n�+o P+f�4 <br /> . $. ..�t11t . _ .� <br /> 8. Mo�tpp� Inwrana�. H ��nda roaw►�d monp�p� In�w.nc� .s a conditlon a m�kinp th.�an �.ow.d e�r thb <br /> . . � N S�auitY InstTUtnait Bortaw�►shtA pay ih� premfwns hqulnd to m�k�hin iM morlp�p�N1swllnw N�flkt, H,ta�ny naton.iM <br /> ' morlya�bsw�aoy�ng��equYed 6y L.�ndK I�psu a cMSa to M In Mfuf, 8amwe►shd p�y tM p�NWns nquk�d lo <br /> � ';" � obuiM� aarer� subsunlWy eQuN�Unt to iM mortp�y� Nwana pravlousy in dl�a1. �t a cori wbtlaniWy puiv�Mnt to tM <br /> cost to Borrow�r W the matp�� b:wu+a prevlowly In NNct. han �n �flan�ts matp�0� M�� �PP��b1► l�ndw. If <br /> wb�hniWy �quivd�nt moAp�ye Ineunmc�cov�np� la not�wll�ble, Bortow�shW p�y to L�ndr Mch month� sum�qiW to <br /> . � � on►rirelRh oi th�yMry matqrpe Inw►ana pnmlum b�M�O P�bY Bortow�r when the inaumnw cov�rapa I�pud a c�u�d to <br /> . be in eNrd. Und�► wii�oapl. use�nd �w4�Ihtso paymenis aa a bsa rawv�tn tlou of moRStp�Insunnce. Loes ns«w <br /> � paymrnu may na ta�bs requirod,al th�optlan ol L�ndK.M morty��e inwmnce corwape(In the amount and fa th�p«bd <br /> ,. � thal landrr�aqu4as) ProvkNd by�n bwror appov�d by L�ndK ay�in baearMt avN��bb and is obqikiad. Bartow�r shM p�y <br /> th�premlums rputed lo m�fnWn matqa�insw�na in elled, a to provide �bss �«v�, unW the mquksnNnt fa matOW� <br /> ' hsur�na ends fn�ocad�nc�wNA any writhn�yrMnMnt bdwan Borroww and Und�r or�pplkabM 4iw. <br /> � 8. Insp�atlon.Lender or Ua�pw�t rtay mdce roaaawbl��ntrles upon�nd Inap�ctiona o1 th�Propaly. lw�d�r sIW pN� <br /> Bartowa notla at th�tinw ot or pdor to an bsp�tion sp�dtyMy nasonabls cawe fa th�InspeeUon. <br /> 10. Condvmn�tion. Ths proee�ds o1�ny �w�rd a daMn for damaqes,direct a cona�quaiWl. In conn�ation wNh ar►Y <br /> , aonclM,.uva+ or an.r waq a�ny put a tn.r.op«ty,or�or conv.yanae in r�u ol cona�nrnuon..n hw�by .alp►.d .na <br /> r� sAY b�pdd to l�nd�r. <br /> • i� �n. evene ot . sow wan9 or ine ProP.riy, �ne �oceeds ahd be appYad to in• eums a.au.d ey �na s.awKy <br /> Instrurt�nt,wh�fha or not then due,wlih any excasn pdd to 8ortowK. M ths ev�nt d a p�ufW tvdny of th� Plropwiy b whbh <br /> �• ••�::�''��� the fak mukel valu� ot the PrapeAy immedotely bNae the t�king la equal to or yrMter than th��mount o1 th�sunn s�aw�d <br /> ���...,�;';:�,�.�.�',; • � � by this S�eurily Matrwrwnt fmmedl�tely bebre the Wclny. unlesa BortowK ano Lanaer othawis� �yros in wiiii�y, tbe wms <br /> .. , , eecured by thls SecurMy Instrument shall be reduced by Ihe amounl 01 the proceeds mulltpAed by th�(oporMn�Ir�ctlon: (�)tho <br /> � , toW amow►t of the sums securod Immedlately befae Ihe hkMy. dhrlded by (b)the fak madcet vWue ot the Propwty N�xrNdiot�ly <br /> i belae tM Wdny.My baknce sh�N be pald to Borrower. In lhe event of a partal takfny of the Prope�iy in whiah ih�1ak m�uk�t <br /> value o1 the PropKty Yrvn�dtatdy bafae the tekky is leas than tha�mount ot the sums a�cured immadlat�ly bdoro the faldnp. <br /> � unlps BoROwer and Lender olhe�wlse agree In w�iUny a unless appNcoble I�w otha�wlse provWos, the procNds sh� A� <br /> • � �ppYad to ths aums aewrod by thb Securlty Inslrum�nt whelh�r a not the suma we then due. <br /> �. ' If tM F?operly Is abandoned by Borrower, or if. �fter noUce by Lender to Borrower that the condemna ollers to make�n <br /> Y ' �ward or aaltle e dolnt la damrgQS. Bwrower IaUs to respond to Lender wilhln 30 daya after the dote the noUce ia yhen, , <br /> � . Landar Ia authorized to edlect and wpply tho prxeeds, at its optlon, aither ta rostoratbn a repak ot the Rroperty a to the , <br /> sums aecund by thls Sawrity Inabument. whathK or not then due. � <br /> ' UMeas Lendx end Bortower othervvlae eyree In writi�g, any epplMatlon of proceeds to prindpal ahaA �ot exlend or E <br /> � • � po�$om the due datt o1 lhe monthly payments refened to In paragraphs 1 and 2 or change the amount ol such paymenla. ` <br /> �� <br /> � 11.Borrow�r Not Reloss�d; Forbearaoaa By I.ondo� Not a Walvo�.extens�on ot the tkne tor payment or ` <br /> � ' modificatlon ot amoRizatlon ot the suma aecured by thls 3ecurlly Instrument granted by Lender to any succesaor In Interest ot ; <br /> Bonower ehaN not opKate to roteaae the NabUNy of the exlglnal Bortower or 8onower's aucceaaora in int�eat. lender ahall oot <br /> i,e reyulrecJ lo conunence procoedings agaln�t any aucce�ror in Intsreet or ►etuee to extend ihne ta pnymanf or otherwiae <br /> modlly unortlzaUon of the sums aecured by thfe Securlty Insirument by reason of any demand made by the ari�nel Bortower or <br /> Bortower's auccesson in Interest. My forbearance by Lender M exerclsMg any right or remedy shatl not be a waNar o1 or <br /> •� predude the exe►dae of eny�ight or remedy. <br /> 12. Succes�ors and As�igna Bound: Jo{nt and Snve�al ltability; Co-si9ners. Tt+e covenents and <br /> ayreements ollhla SecurNy Inatrument ahall bind and benefd the successors and asalgns o1 Lender and Borrower. subJecl to the <br /> • � � provlsions of paragraph 17. Bonower's covenants and agreements shell be Jolnt and several. My Bortower who co�sipns thls <br /> , , �:, Socurity InsUumenl but daes not execute the Note: (s) ts co•slgning ihls SecuMty Instn�ment only to moAgaye, qhnt and convey <br /> � • that Bortower's intereal In Ihe Prope►ry under the tem�s ol thls Securiry InstrumenC (b) Is not personalty obllyeted to pay the <br /> sums seeured by thls Securlry Inslrument: and (c)agrees that Lender end any other Bortower may agree to extend, mod'dy, <br /> fabear a make �ny accommodatlons wfth regard to Ihe terms of this Security Instrument or the Note withoul that Bortower's <br /> Con6eni. <br /> � 13. Loan Chs�rgoc. II the loan secured by Ihls Secudty Inslrument Is sub�ect to a law whlch sete maxlmum loan <br /> � ch�rgea,and lhet law is Gnally interpreled so thel the Interest or other loen charges colleated or to be collected in connecllon <br /> wflh the loan exceed Ihe permitted Amits, then: (a) any such ban charge shaU be reduced by the amount necessary to reduce <br /> • the cMrye to the permltled IImN: end (b) any suma akeady catlected hom Borrowe► whlch exceeded pertnitted Fmfts wiM be <br /> , �Nunded to Bonower.Lender mey choose to meke lhls rcfund by reducing the ptinclpal owed under the Note or by muking a <br /> . direct payment to BorrowK. If a relund reduces princlpal. Ihe reduction wW be tretled es e perUal prepayment wlthoul any <br /> prop�yment c�erge under the Note. <br /> ' 14.NONCY�. My notice to 8ortower provlded tor in th+s Security Inetrument shall be given by deUverk�g fl or by mnfling it <br /> . � by fsst dass maN unless sppllceble lew requkes use of enother method. The notice shall be dlrected to the Roperry Address <br /> ' , or�ny othe sddresa BoROwer deslgnates by nolice to Lender. My notice to Lender shall be given by Rrot cl�sa maU to <br /> _ L �endar'e�ddresa stated hereln or eny other address Lender deslgnates by noUce ta Bortower. My notice provlded lor In this <br /> � 1 S�cutity InadumeM shaq be dewned to heve been glvm to BoROwer or lender when glven es provlded In thla peraghph <br /> f � 15. Ciovornlnp I.aw; SovorabHity. Thls Security Instrumenl shaB be govemed by federal law end the law of the <br /> � � � judadictlon In whlch the Proparty is located. In the event that any provlsion or clause ol thls Security Instrument or the Note <br /> ' conNcte wRh appYCable bw. auch conNct sheU not aHect other provfslona of thls Secu►ity Inatrument or Ihe Nole whlch can be <br /> �� � glv�n ellect wilhout the conlYeUnq provlsion.To Ihls end the provlsions ol this 3ecu►Ity InaWment aod the Note are declared to <br /> � be sevenbte. <br /> r. <br /> � �' ; 16,BOIP01NrI'Q CO�ly.Botrower ahell be ghen one co�lormed copy ol the Note and ol thla SecuMy Inshument. <br /> � , , � . <br /> ` F1J18.1M0l�Bll �•a, ,��� • -- <br /> � <br /> . <br /> 9)1+O�M � <br />