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<br /> t,l�iii,. �a�s ila�o�rp�►:�epeiii.rd�s ie lr�oMetX is�arowes't prM�ipd ee�ide�ce aiMi�tiuj►b!►� . , , . -.
<br /> iir is�mecnFoa dd�is 3�c+�iht Lr�eire�t aoa irdt oo�li�re b ax�tle l�cop�t�t r aon�,w�es's pri�cipl n�id�oe , : .
<br /> � � 'far r I�t aa�wt�dr dre at ao�p�y.mlels La/ar alMaa�e a�reet ia�eitL�.�ic�oo�e�t'�hil unt be
<br /> � r�ii�orbiy wAliW1.oc rias'enciew�c�arrueae�esin wYeY�ee beyo�d Doet�o�a`'s earrd Sa�e+rrr�x i�[�ot , ' .
<br /> � . d�io�t.�ie�ttt i�irtie�Ptop�ely.�ltow 1Ma,lrapeey b dMerioere.or oo�li�it aaMe o�die Propaty►.,�a��o�ret ivl,
<br /> bt i defa�it ffrq►iaeieiNrta ictios a�p�ooeedi��.w�1�ct�rit ccctfr�t,is beprt�ei�t+e�da's�ood fi�it� . .
<br /> ` , oaiieewlti�ia�efei�edie�eopat�raa�eewi�ea�lai�riep�irietiac�eMedbgrthi�5ae�jrleMsumrataLade�'� �
<br /> _ _ -- ------_==..=�i�se�oeta�am�r�tr.�h a�ult aed seirt�le..���D�IR�[-1R bf►q_�.�action or.
<br /> = , p�qoeedi�t�be di�oired�ri�a�tiwt.i�Ieader's Sood f�idr delq�t�oe. --- -- °
<br /> ' i�laat i t�t Tnope�tfr cr od�er m�id i�ie�aat dile liat cnMed b�1 dds Sea�riry L�Me�e�t ar Isadet'��Y
<br /> ialeiat.Doreo�eriiwH alnbeie refa�ltif Ho«o�ee,d�r�i�3T�elaa�p�ic�tiea P�ooe�.��!�!►�t ar�e
<br /> i�fatirtioa a�pA�m�a Isaiier(a L�ed b pavtde L�e+ider w1d��ay m�id'a�armrtioe)n cowect�ae.�vi�►d�e taa .
<br /> e�id�,soed�i d�Nak.i�d�tdias►6at iiot limi�e�llq.YepipaM�t�or ooaoa�aE Eottu�rer's aocup�c�t of�s Propatyr a
<br /> "� s p�i�cipr t�ar,ideaoe.lf tlui Sectnity Ts�on�md�t i�aa sbaxLoid,Ha�'to+wer�ll comp�y w�i�all dre pra�sioa�oftba kae.
<br />�. . If BorroMer aoq�incs fee titb tn tLe Fs�poRyr�ie�dleboid asd tba fee tide sh�ll�ot ma��e�mie�l.eedet�noe�b tbe `.
<br />,_�.i.,: �7. lYUl�etlw sE I�e�ie�s lti�ls i�t�e h+�t�. ff Ba�sr fa�7s t4 petfam the caNaamts aoa�roemeaa
<br /> =2�, c�oaqiied ia�6is Seaaity L�t�mt.artlrcc+e is a kpt p�ooeedia�tdrt m�i►s�6pad9 a�lreada's ri�iat6e P'�ope�tY '
<br /> (auch as s prooeedie`�6�upry.Pcob�oe.foc 000d�n ar fatfdtu�e or ta eo6ocre 4�rs ot ce�ulMioos�tLea Lader.
<br />==�;:; — uaryr da ad pay far�hrerrr i�neoeuny ta prdat the vabio ott6�F�ope�sY aad Irender's rigWs in t6e PruQe�ty.I.encper's
<br /> ,c4oes mry,ecbde p.�,io�,s�r a�mns�ecmna by�Tie�n w�Im pr,orityy a�+er this 5�nny�t►,aueat,�t in c�onet,
<br /> - p�yy��r�aa�bi�aupn�ys'feas aod ealetm�m tt�.Ftopetty w m�l�e rep�ics.AM6o�rdi I.eadet nuy Wot actiaa.undar —
<br /> ' t6i�p�sajrapb 7.Leoder doa not bave w do so. --
<br />-_- Aay a�mioaonts disbu�ed by Liader midet tbis paag�p6 7�ll became addiBoa�l debt of Borro�rer xriued bY t� _.------
<br /> � . Seau�ty Imtmment.Unku Bore+a�er aad Leoder sgtne to atha tera�of paymeat,tl�ae�tawnts si�ali bar ia�ecat fmnr
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<br /> '�` � a�eaue oeai�baneioeoc ac we xate r.qa�na,hau ae pry�ble.wuh�enest,upon aotioe�L�aaec w sorivwer naqu�n� �' -,_
<br /> ,�-�:. ���rr�t,�i��`. . . . �,: _
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<br /> °��-� �Y� Morfp�e jawea�e. If I.ender ioquired mortgaEe iawnnoc as s conditiab of m�icmS the lau secured by dus . :`� ' ' :
<br /> . , � _
<br /> ,-F •. ` `r..�: Secmity In�ument,Borro�ver sbaII pap the�r�uized to mtnu�int tba mortg�ge insaranoe in effoct.If.fa aay --�_<
<br /> t �?��� �' �re�soo,dk moit�e ins�aact owe�eaequit�ed bY VPees arasses to 6e ia effea,Bo�sower sh�D pay the p�emi�ma °
<br /> ` requicod era�e�a�C�flqoi�►aicn �8� P�'� ia effax,u s case subsanoally, ti
<br /> �. ' ' ' w obnia caver� e , t to tbe insarance Y ; .
<br /> `% � �� 's- oquivakat to the oo�tw Barn��eraEt�croso�tgrg�e inwnmoe pevbasiy ia effax,f�om aa altem�te matgage i�re��ppcoYrd'� �-�''..�'
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<br /> �r, �"n.,�. . :by�Lander.If aubsnatlal[N+���age iaw�moe�overaE�is not sva�7�ble,Borrawer sh�U py to Leuder ac6 mouth .�'�k �--_
<br />`�:::, '���.�,�°•a ' _ .• . . a sunt eq�at to 000-t�velft�`a€tli��.. �oe peem-tumbein�P�id bY Horroa'er wbea tb insuraoce coverage -- =,.;,
<br /> 'i>` , �:7�"•;_.,-`��`,�: ` �`- '' Iapsod or oessed to be in effect.�:ed3��a�rept: ose 9ad nt�in.these psyments as a loss reserve in 1�eu c►€m�o�e " �
<br /> �.<:� -
<br /> � ;:�r.,�, inauanoe.Loss n�erve Prymesits�i�m�oager be n�airod,at tI�'optioa of I.ender,iF mortgage insurance coverage Csa.� -
<br /> �',� � s ;,��,, ,. ";::�;�f�4s;''
<br /> .., •, .. .,:,,.<,� , the wnount and for the periad tdat I�n,Aer requircs)Provided by am;,nsurer approved by Lender again becomas ava��'
<br /> ` �;�` : x,`:`,• and is oMained.Borrower slwll pay the premiums requ"ued to mai�cain mortgage insurance in effeci:or w p�ovide a toss�, .�. .
<br /> . . �'';,i;,'•:.•. ... , ,
<br /> .. , • reserve.untll thc requitement for mortgage insurance ends in accoidana with anY w'ritten agreemem bctween Sorrower �•
<br />, . . . and Leader or applicable Jaw. . •
<br />; ' ' 9. I�pectiou. i.ender or its agent may make reasonable 2atries upon and inspections of the Property.Lender shall
<br /> .. � � ' 've Borrower notice at the time of or psior to aa inspection speci,�ing rcasonable cause for the inspection. ��• . =�
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<br /> 14. Condemnatbn. The procceds of any award or claima f�r damages.direct or coasequenUal,in connection with � •;
<br /> � ; ,�,,`,t.•- aay oandemnadon or aher taking of any part of the Prapetty,or far�conveyance in lieu of wndemnaaoa,are hereby assigaod
<br />"�., ' •,.'f;�w'.�`ir__ .. ;= and s1�all be paid to L�er. �
<br /> -. • ',°'.��::r.� �.: �.�� � In the evant ofx ua�i taking of the Property.t�as pnooa�Ls shali be applied to the sums secured by this Securiry Insdvment. - . .
<br /> �r.;:,;:.
<br /> .. �, , �';..- ":;=t"„A�:.:i whether vc:sot then�:.wtth any excess paid to Bo�rawer. �Ta a�ie event of a parti�l taking of the Praperty in which tho••. . . .
<br /> . . ;�.:��+r,:.: , .
<br /> � . � f;�r���•,�;;; fair matkeF�'.a.'�e of�e.�roperty immed�tgly before the takiitg zs equal to or greater than the amount of the sums secuntd� ; ,
<br /> � , . . •r,�.,�:;:;• .
<br /> � � by this Sec:i?e�%L.�nt immediateiy Uefbre the taking,unless S�:ower and Lender otherwise agree in writing,the sum�•� ; �• �
<br /> ` '• . � seeured by�:s-Se�%ary II�.�swment shall be mduced by the ami�.�ni of the proceeds multiplied by the foltowing fractic��s : :, ,.. - .
<br />, . ;s.�.il.'�• � . .. ' � ;r;;,'., •'.i�.
<br /> .,�X��,,;.. . (a)the total a�ouist of che sums secured immediately before the ta3cing.divideQ bv(b)the fair market value of chts Ftupecty . - 7j';,�.:�.±,.,. ,
<br /> , +r' ' � � immodiata!�,�efore the taldng. Any batance shaN be paid to BerrCwer. ln t�'sY ez�unt of a Qartial laking of[.he��perty im r,_,i. r ,
<br /> 1�^�t'+ � • � which ths�:s market value of the Property immediately before¢Eae taking is:ess than the amount of the sums secured�r�-•
<br /> .��' •yr'' :' mediate,y aa�ore tfie taking.unless Borrower and Lender otheruise� g or unless a licable law o[hecwiSa pso- . • : ;' •• �:`;�;�.
<br /> F . ,� r agree in arr� pp"
<br /> :t'`,�;'r`?%' ' :�.,:;T:;.. . r , _,
<br /> ' ' !'�<'�� vides,t�e pracads shall be applied to the sums sec+n.ed by E.`na�aduriry Instr,cment whether or not the sum5 ar�'themdue. . � •.,;.-:�,•,'
<br /> : �.:�; ..,�. r�;.
<br /> � - if the Propetty is abandoned by Borrower.off iE,�fter�not'r:e by Lender to Borrower that the conde:aator offecs to :�,,.-�.''' „ �•
<br /> ; .� . :;?;,, . malce an award or settle a claim for damages.Borr�a�.r:fails tm cespond to Lender within 30 days after the da'_�the notice • �
<br /> ' ,. ?,:'�;��;'� is give�.B.e n d er is au t hv ri u d t o c o l l e c t a n d a p p l y t h e p r o o e e d s,a t�;s o p t i o n.e i t h e r ro r e s t o r a t i o n o r r e p a i r o f t h e P r o p e R y ����' .
<br /> '�"�' `= or to the sums securcd by this Security It�stniment. whether or nat then due. • •
<br /> , ,�`'' L'r i T e s s L e n d e r a n d B o r r o w e r o t h e r w l s c a g e e i n w r i t i n g,a n y a p p l i c a t i o n a f p r o c e e d s t o p ri n c i p a l s h a 1 1 not extend� .
<br /> ` •� .� . or postpone the dne date of the monthty payments referred to in Qaragtaphs 1 and 2 or changc t�r amoun�of such Qayment�: � %.� � �
<br />_� •;,',;;; . ;,.:.,.
<br /> - . 11. Bontiwer Nat Rekased;For6earanor$y Lendet Not a W9iver. �xtensian of thv time fur�payment•on ;;..;,
<br />- -°-��- -����� �� modlfication of amomzation of the sums secured by this Securiry Instrument grat:ted by I.ender ta any successar�in iMterest� s,:', •.
<br />• . � . ot Bamower shall nat operate to reltase the liability of the original Borrower or Horrower's sarcessora in�intorest.�IxndCt.• • .
<br /> • ' ' sl�U twt ba required to commence proceedings against any successor in interest or refuse to extend tlme for•paymertt�di+� ,
<br /> .� dherwise modify amortizadon of the sums secured by this Sccuriry Instrnment by reason af any demand ma�b�thb origimtt�� .
<br /> � � Borrower or Borrower's sucassors in interest.My forbearance by I.ender in exercising any right�or�rem�+dy,sh�ll�not be
<br /> � � a w�iver of ar preclude thb exercise of any righl or remedy.
<br /> � ' ' , i�. S�eowo�s aod Aaeiga4 Bound;Jo1W s�ed Several Liablllty;Co-signers. 'fho covmant�and egreements of
<br /> . ttils Security Insuument shall bind and benefit the successors and assigns of l.ender and Burro�►er�subjcct to the provisions •
<br /> - • ot p4ca�aph l7•Horrowet's covenants and agreements shall be joint and several.Any Borcaa�r who co-signs this Security
<br /> - -- - - Iruuumeot but das nat-execute the Note:(a)is casigniag this 5ecurity lnstwnent only to mortgage,grant and convey that '
<br /> � � - Bortower's iatecest in ttx Ptoperty under the terms of thia�5ecurity Insuumenl;tb)is not persomlly obligated to pay the
<br /> f: _ -_- � sum�aecyred by thls Security Instrument:and(c)agras th�t Lender and any other Borrower may agree tn extend.modify. ,
<br /> f: " �. _ fatb�ar or maice any�ccommodattons with regard to the terms of ttds Security Instrument or the Note withont that Borrower's
<br /> �-- � _. conseM.
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