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,: a <br /> . . .,. <br /> �,.h;, '..,:..: , . .. <br /> � ..,,. <br /> ,: <br /> ..��i d ••.�. <br /> �.' <br /> - ..:._...l�r.�r <br /> 7. Pro4aNO�» af I.�nd�►'� Rlphbi In th� Prop�rty. M 8orroww M�M a p�Aonn uM oov�n.na�nd�pr�nma aa�MMd N�hM <br /> ' e.o�,rny �n.sn�n�t or �h.�. a . ��.oa.a�o u� m.r��a��r •Ma �«�a.►�. �a h in. p►av�+y (woi+ w. aoo�.aino �n <br /> b�nkruptaY� W���b►ooedMnnatlon a falMtun a to w�lwo�Inw a npul�tion�)�th�n L�ndw rtNy do�nd p�y la whMwv M n�nM�try <br /> 1Q�Id1�01 1M Y�NN M 1I1� P1�y Nd LNN1N��fiQhl{ MI lIN R'O�MAY� �Nld���011011�IM/y YIOIIIfM��Ny Wfll�M011f«I A'y�MMI <br /> WII�0�1 II�� p1IWN�l OYR ull� �#01MMY(f1�Y�qf11� �PPw„�� ��P�� ��� ����NM�Ild w11MM10 011 MM'Ia1�Iy�O 11r(� <br /> . � ��p�l�. Al1h011011 LQIdM 11�•��Cibil Wld/r thM��ph 7.�.RICk dOM IW1�YI 10 d0�0. <br /> MY�nw��nt� d1�6unW by L�und�r thl�p�ra�ph 7�hd bwonM�d�NGond d�M of Bonow�r uiwnd by thN 8�oudly In�t. <br /> .,:,"� '�,�k. ' UnIM� Dorroww�nd L�nd�►�pn�ta olh�tNna of p�ynnn4 th��nwunt� �IW bw ht�t fran tM dH�W dNbwwnwnt a th�Naa <br /> ; .5 ix.>`..,:;7rf�i- at��nd�h�bA p�y�bN�with bt�rut,upon notk�A+om Und�r to Barow�r h4�+�0 P�Y�'�1. <br /> - -•�;n�"";r: 9. �IOK�t� �IIWI�IIC�. tl LMIdK f�quk�d OIOfl9�Q� Y1i1.lAnG O � COtldi11011 01 111�IiMIQ tll� b�il NCUfwd by lhh 8�olMfly�� <br /> In�pum�nt, Bonow�r shM p�y th�pnmtuir»nquind to m�M�Wn th�maty�p�tmw�no�In NUot. M�ta�ny naon�11M moK�bsur�na.�_, <br /> � i'�is:".�.Lrt'� COYN�QII fAQ111fM Or LMIdM I�fM a oMth to b�In �If�ol. Borroww �h+�N pry lh� pnmluna nquind to obWn oovop� wbatrlfWy r <br /> � ; � ' .�,��to u�.mo�o.�.�,w►.�a�wrc,uey,h.n.a. �t�oost subatar►tWly�quMaMnt to th�oost to Bortoww of th�moRy�p�Insurana � <br /> �::��:�� . <br /> pnvbusy In �rteat� Imm,�n ailwn�te martg�YR nwnr�pprav�d by lmd�r. It wMt�nW�My �qulwbnt nwity�p� Nwrona aownp�N not <br /> :r,=���•... - ' �valMble.Bortowe► �h�Il p�y W.Lw�dar s�oh,madh � sum puu to on♦1wNRh o1 the yMrIY nwAp�� fnarNe� P►«nwm bNnY P� bY � <br /> ;;4•':ar�'..:��..� �� �" BorrowK whm.th4 InaunMRa oo�r�pe Y�ppd or cw�d to b�In �fUot. L�nMr wW �a�pt, ua� �nd r�hN� tha� pqnn�nts a a ba <br /> �� . , n�swv� In Iiw of m�Rg�OA (naurena�. Loa ra�rv� P�Y�� �Y no bnpK b�roqufred, d IM opUrn ot Lwid�►. N morty�p�b�wana <br /> a <br /> �. i=?'�;r'�:' ;j�y�° covenpe(f�.lha+�maum.and for tha perbd th�t L�d�r requk�s)provlded by an Inwrw�pprovrd by I.�nd�r ap�n Waar� av�Wbl��nd M <br /> `� .v%, `' • . . . � . ' �,�'':: obtakisd. Qon�ow� th�ll pay th� pnNllfums nqulnd to m�k�Wn matgaye inwranc� in Nboi� or to p►ovW� � bss hswv�� tHlll 11N <br />�,'! . . � ' • . Aquk�tent,for matg�pe Insu�ma�md�in�ccordmc�wilh any w�lbn�praenwnt MlwMn BorrowM�nd LendK or appYcaht�I�w. <br />` ; .�.y . ... 8. b1ip�Cd011. Lmdw a fts aq�nt rtwy mtk�rMton�bls�ntrloa upon �nd in�peetiom of Ih� Propwty. I.�nd�t thY W�Bortow�r <br /> , -� nadae al lhp Ume ol w pdor to�n bspnotion ePedlyln0 rwaon�bl�aue�for ih�In�p�ction. � <br /> `-� . . - 10. Cond�mnatlon. The ocee�,: � <br /> 'i%:... , : Pr of a�..� award a clalm tw damapss, dind or conspumdal. in conn�atlon wMh a�ry <br /> ��.:>, ,�,'.'' .:� candem�dan,ac othx hWnp o}�ny ped of thQ Rroperly.a for convayanca in Nw�of cond�nwudon.are hwb�r�ssipn�d�nd shM b p�dd <br /> �r : , <br /> ,,.i� In I.onder. <br /> '" �' � � + In.the eriM of e tptNl takqip of ih�Propaty,the proaeds shaN be�ppNed to the sums e�cured by ihl�8oaxity InsWm�nt,whMhr a • <br /> ;;.'.;'�1,�'•� � nat ihtm.dua,wNh.ony excesa paid to Bortower.In ths event oi a pnAW t�Wnp ol ihe Propaty M whlnh ih�t�k muk�l valu�of tM P�opMty j <br /> �:-:� immadiatelyr belore the teking is equal to a preate�thon the vnount of the suma ercured by this 3eairity InnUument imm�di�tMy EMon ihe r <br /> �. '� ' takhg,untesa Barrow�r uM Lender othawise a�rN In w�itlnp,the aums saaured by this 3ecudty InaWment shaall b�ndua�d by tM �noum <br /> `�."� . :; 01 tha proo�eds muftlpli�d by ihe lolbwinp tracUon: (�)Ihs taW amount the of suma seound Inmadlat�ry betor�th�t�kkio,divid�d by @I the <br /> '�'`:'� ' fafr m�rkK value ot ihe Pmpetly Unmedi�tely before!h�taldny.My bsl�nce�haY b�pald to Bot�owa. In U�e�vant of�puttd takin�ot th� <br /> 3r` . }'��;� <br /> ,, Prope�ly In whkh th�fek maukK vtlue of the P►opsAy Mnmedi�tely 6etom th�hklnp ta leas th�n th�unount o1 ths sums s�cund Mmedi�telY <br /> •� •� betaro the taldnp, unlesa Bortower�nd LendK othawla� �pres In wridnp a untesa�ppqc�Ma I�w othawb�provlda.the procMd�shaq b� <br /> � � �ppAed to the sums secixsd by lhis Sa:urtty Msbument whelher or not ihe aume�n ihen due. <br /> _ -- --' "-v`.'� tt iha L�apaty ts absrtdonod hy Borrawsr.ar H.attcr nottx by Lr.�tdu to Sorrorrer that!!te tcndenttsor aMere to meke ert ewaM�r nMIM <br /> ; ' ^ '��';,,,!� a ctalm fa Eam�yea, Borrower taN�to reapond to Lender within 30 dape after the dete�he notloe is qhrsn,L�ndsr Is�uthodxed to coqect�nd <br /> I .. I appty th�proaeedc.at qs opdon. dthK to rostoration or np�k of the Properly ar ro th�sumf s�cund by ihis S�cwity Inebum�nl.whNhr <br /> a not then due. <br /> � �,.: Unless Lender�nd BaROwer otheiwise agree in wdtlnp, �ny appllution of proceeds to principel ahap not pctand or poatpone 1he dw <br /> • i.�. �,� d�t�of the monihly payments refened to in paragraphe 1 u�d 2 or change the amount of auah psymenta. <br /> 11.Borrowor Not Ral4ased: ForMaranco By �ndor Not a Waivor. Extensian ot the tlme tor p�yment or modi�catton <br /> � ; � ' � ot�morUxaUon of the sums seeuted by lhis Securiy Inatrumant gnnted by Lender to any succeasor In interest of Borrowa shap not epe►ale <br /> to relesee the Ilabillty af ihe original 6ortower or Bonower's euccessors in Interest. Lender ah�N not be requkad to canm�nce proceedinge <br /> �r • � ayaMat any sucaeaaor In intereat ar reluse to extend time br peyment or otherwlae modity amoAization ol the suma aecuad by thfe 3ewriry <br /> ,i'�� Instrument by r�aon ol any demand made by the odginal Bonowe► or Borcower s succQSaora in Inurost, My foebeawnce by Lendw in <br /> �1� �x�rcisinp eny dght or remedy ahall not be a waNer of or preelude the exe►cise of any ►Ight or remedy. <br /> �` '` 12. Succos�o�a and Assigns Bound; Jo1M and Sovo�W Uabiltty; Co-atpnars. Tna covenants and agreementa ot <br /> , ' thia 3eeurity Instrument ahall bind and beneflt the auccessoro and asaigns oi Lender �nd Borrower, aubJect to the proviabns of panpr�ph <br /> ' 17. 8orrower'e covenanta and agreements shaq be jolnt and several. Any Borrower who eo•aiyna ihia Seeu►ity Inadument but does not <br /> execute Ihe Note: (a)!s co-signing thls Secudty Instrument ony to moAgege,grent,and eonvey ihat Bortower's Interest in Ihe Property under 4 <br /> the terms of lhl3 Securlty In�trument: {b)is not personelly ohii�ntad to pey Ihe suma secured by thts Seeurity InaWment; and(c)�pees thtl E' " <br /> Lender ond any other Bo►rower may ag►ee to extend, modNy, fofiear or make any accommodotlons wHh repard to terms o1 lhls 3ecurfty ,� <br /> Insirumenl or Ihe Note without ihat Bortower's consent. ��-- <br /> � � � 13. LOi� Chargas. Ifthe loan seeured by ihis SeeurNy Mahument Is aubject to a law which aets maximum loan aharges.and thN � <br /> law is flnally Inleryreted eo that ihe Intereat or olher lo�r► chargea collected or to be collected In connection wilh ihe loan exceed ihe <br /> �. � permHied Ilmits,then; (�)any auch loan chorges ahaq be reduced by Ihe amount necess�ry to reduee the eharge to ihe pemnitted Ymq; and r <br /> � • (b) �ny aume akeady eolleeted Irom 8orrower which eKCeeded permitled Itmits wiA ba relunded to BoROwer. Lender may chooae to make � <br /> this refund by reducing the principal owed under ihe Nde or by making a dkecl payment lo Bortower. 11 a retund reduces principal, the � <br /> . reduollon wiN be treated es a paHlal prepayment wHhout eny prepayment charge under the Note. <br /> � 14. NOtICO8. My notke to Borrower provfded for in thls Security Insdument shell be glven by detivering it or by maNing R by ikat <br /> � � . �r class maU unless applicable law requires use o1 another method. The�otice shall be directed to the Property Address or any other address <br /> � � �. Bonower dealgnates by natice to Le�der. My notice to lende► shall be given by Brst class mafl to Lender's eddreas stated herein or any . <br /> ' • other addresa lender designates by notice to Bortower. Any nolice provided tar In this Securlty Inatrument shaA be deemed to have been <br /> : � ' qiven to Bonower or Lender when given as provided In this peragraph. <br /> ' 15. CiovYrninq IAw; Sovorpbllity. This Securfty Insirument shall be yovemed by lederal law ond the law ot the JudsdicUon In <br /> whkh ihe f'►operty Is located. In the event ihet any pro�isfon or clause o1 this Security Instrument or the Note conflicts with applleable law. <br /> " � auch coMlict sh�A not aNecl other provislons ol thls Seeurity Instrument ar Ihe Nole wh(ch ean be gNen eHeet wHhout ihe conllictinq <br /> ;� �� provlalon. To ihia end Ihe provislons ol thls Searity Insirummt and the Note ere declared to be severabte. � <br /> � 16.Barowor's Copy. Bo►rower shall be given one conlormed capy o1 the Note and ol this Security Instrument. <br /> �_. _ 77_7ranaln� e��i� PrnnnAv nr s Bnnafir.{al Intared in 9nrrnu�ar. If or nr an�n.rt nf tha pm.�wr�v nr anv htwaat In <br /> --_' .�-- ; --- -._..- -- - - •- --�- - — - -- - - - -- --- - - - - - . . . <br /> �� ; k ia soW w tnnslerted (or N a beneliclal interest in BoROwex is sotd or Innsterted an@ Bonower Is not a netual person) without Lendera <br /> 6• prior wrilten eonsent. Lender may. at Its optlon.require immedlate payment In lull ol atl sums secured by this Security InaUumenl.However, <br /> �. lhin optfon ahall not be exerclsed by lender R exerGse is prohibited by lederal law os ot ihe dale o1 this Security Instrument. <br /> '�j�, Ii Lender azercises this option, Lender sheY give Barrower noUce ot ecceleratlon.The not�e shaR provide a period o1 not less ihan 30 <br /> f days ham the date the�otiee is deAvered or mailed within which the Bortower must poy aA sums secured by thls Security Inslrume�t. It <br /> : � � Bortower feUs to pay these sums p�ior to the e�piratfon d th�s period,Lender mey Invoke eny remedies permlHed by lhis Security Inslrument <br /> • � wqhout N►ther noUce a demamd on Bonow�►. <br /> F�..,�� +•�;r •�u� <br /> ., F�OII9.LM6(9/91) vag��1 0l S <br /> :f.._ . .. <br /> i <br /> � <br /> � 9117) � <br /> 1 � <br />