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<br /> � � ^�. , ..�...�. .���.�.'°�'��..� . � .. �'�.�
<br /> �*;° T . .. __—_-- ----
<br /> 'A��T:;s�y�ler� � , lknqw�► mh► wn woh � dMwk �nd nitNtat�, a prov�d in p�npnph t�� bY owrin� IfN �oqo� a prooN�w lo b�
<br /> ��� � dWr�s�d wkh�n�np th�f.In L�ndM'�paod Nllh d�lwniinaYon,pr�aM+dM 1o�ldq�n ol th�Bo�►ow�r'�bt�rsN In th�'rop�rly a
<br /> -_--- ah�r mWMN NipaYnNnt ol th�Mm a�N�d bY thN a�a+AlY In�lnwn�nt a�md�r'� ��axlty Int�t. Oonoww shaN wo �b
<br /> - -•-- ------ d��l M 6arowr�durinY tM forn �lion P►ooMS,p�v�ma1��11Y his�w In�oo�+r�i�Inlain�llon w�tatNnM►u to Laid�(a
<br /> � fss�r�i'ti� MMd to P►ovld� I.�ndK wNh �ny nntrW Inlomwtloe) b oonrnotlon wNh 1M lo�n wMrnad by th� Not�, Y+oNidM�p, but na
<br /> -- - NmN�d fo� �t�tlom oono�mhp Ba►ow�r�� ooa+P�naY d th� �ropry a� � prinolpd nrld�na. M thb waxNy
<br /> - In�WnMnt a on � IMSN�oId� 8orrow�r�hall oompy wNh aN th�pY�vMbnt of th� NaN. M OarorrK�oqulrM IN tltl�W th� �
<br /> , ---z:-..•�-., -, P�opMry,tM iMS�hold�nd tM iM tNk�hsM not m�rQ�unMs�L�nd�a�'�to th�mop�►b wdlhp.
<br /> . ; ;;�,_2;,:..•,�' '• 7. Prot�Ctlon of L�nd�r'�RIpMs In th� Prop�rty. N dormwo hils to p�rlorm th�cowrlUnts and aprNnMnt� .{�
<br /> �=�f�r�'- i conWn�d h this 8�cu�Ny IniLum�nt, ar th�n it a IpN P►ooMdlnp lhat rn�Y sfpni�c�ntlY aM�ct L�ndK's tiphtt in th� Pr►�D�M �
<br /> .. .. ,,...=,..,'•
<br /> � �_.'` . . �• (wch u�proa�diny In bankruptcy,probRt�,fa cond�mnatbn a torlMtun a to�nforu wws a rpuMUon�).th�n L�nd�r m�y p
<br /> � °�::��' . .o': do�nd p�y tar what�vw is o�wy to prot�ct th�valu�of th�P►opwty�nd Lmd�'s dqhta In Ih�Propwty. Landw'4�ctiai� --
<br /> �:�=s:«'�±��,�t� nry Indud� WYfnp �ny wrra s�ound by a N�r► whbh ha� pdorfty ov�r this 8�auiry Imtrummt. aPPwlnp h eourt. WY�O
<br /> '�,�"�:�`�`'°`:,•..,,'-,. .:,E rMSOnabM�ttam�ys'TNS snd�nt�inp on th� Propwly to mak�np�M�.AMhouph L�nd�r m�y tak�actlon undK this P�pr�ph
<br /> ��.; : y,l.�nd�r doea not hav�to do so.
<br /> -, r . � My �nwunts dls6un�d by L�ndK und�r puapraph 7 thaN becom� �ddkfaat d�bt of Bosrower aeound by thls S�a�ily � -----
<br /> -- In�trum�nt. Uni�ss BortowK �nd L�nd�►apr�s to othK tertns of payrn�nt,tha�smounb shall b�u interest 6am th�daU of -
<br /> '-�"� • �''!ti�` dbiwrswna►t�t th�Not�nte and sh�ll b�p�y�bl�,wfth ht��st,upon notke irom Land�r to BortowK nquett(np p��t
<br /> � ,°��,i�J�,..: .. .., 8. �AOrt�ip� 111iY��IfC�. If Undet roquked mortp�p�Insunncs as a condpbn ot rtwklnp th� Iwn s�cund by this °
<br /> ��,�Y-.._..�'�,...•. ,. 9rcutlty Inetrument, Bortowsr shaN p�y th�prw►�iunu rpuk�d to m�tntak�th�martpa��Insuruico h eff�ct. If.tor any��on,th�
<br /> �•'" mortq�ps inwnnce coverape requked by LendK I�pses or ee�eee to be (n etf�ct.Bwrow�shaN pay the pret►�fums�equk�d to
<br /> �_�7��;,�,:,XS�.,..,...:,_.�..�..e;, obtah cov�rape substant(�Ily equhraknt to tht mortptye inaunna prevtous►y in Mfeet,at +� cast subslanUally squkai�rrt to th�
<br /> � cost to Bwrower ot ths mortp�pe insur�nc� prevlouay h sflect, trom �n+�ft�m�te morty�pt Msura +ipproved by L�nder. If
<br /> '•' � wbstantiaNy squivaient mortyape Insurancs covxaqe is not avail�bls, BoROwx shdl pay to Undx aoh month a:um squai to
<br /> ! �' . , on♦twNfth of th�y�arly mortp�pe Itnurance pranWm belnp paid by 8ortowK whm ths Insunnce covemps t�ptad or ce�s�d to -
<br /> . be In ef(ect. Lender wNl acoept,uss and retain th�se p�yments as a�oss nserv�in M�u ot mottp�pe In�urana. Loss ns�va W
<br /> Qp�ymmts rtu�y no bnqer be requked, at the opUon of Lend�r, it mortg�pe inaurance coverap� (In ths amount�nd fu th�pwiad
<br /> .. thtt Und�r��quk�s) provided by an In�urK approved 6y Lend�r aq�ln bacomas�vall�bts and la obtakisd. Bor►ow�r shaN pay
<br /> ihs premiums nquked to mNntaln mortp�pe Inaurance in Mtect, a to provide a Iosa nserve, unW ths rpuk�nt for mortp�pe
<br /> ' , . ' inwtu�cs�nd�in�ccordancs wHh my writt�n�yreement belween Bartower+�nd Lander or applic�bl�kw.
<br /> 9. Insp�ction. Landa o�hs�qent may make raeson�bte�trtea upon and Insprctiona ot ths Prope�ty. L�nd�r�hall qiv� -
<br /> • BoROw�notice at the time of or pNor to�n hapectlon sp�cllyfnp roaaonabk cau�e for th�Inapection. _
<br /> , . 10. Cond�mntNon.The proceeds ot�ny award or claMn tor dam�y�s,direct or eonsequentid, in conn�ctton with any
<br /> � • condwmaUon or othsr twWny of Rny put ot th� Propwty, w fa conwyrane� In Wu of condwnnaUon, �r�h�nby asNpned and
<br /> ' � � •' sh�N b�pdd to lmds►. -
<br /> , In th� awnt af a toUt Uklny of the Property, ths proceeda ahail be �ppilad to ths eums a�wred by thls 3�cwMy
<br /> ��' �'. � • �%' �, Instrument,whKhx or not then due,wflh any excess pald to BortowK. In th�event of a patlal taWnp ot ths Property h which
<br /> . i.•r�.• • -- -...„ .
<br /> �� . �'.� u�a irM Itwl�nT Y.1{4W J�L'tio t'rapcKi x�,medat�Sy b�tarc thc takinp R�eqttCl to o�Srolttt than thn rmounf ef fh�aums ��curad `_
<br /> --- -; by ihia Security in�itunwni k�t��t�diateiy bstore ihe iatJng, untcsa 8orrovrcr �nd l.anda otheswhe aQrre !n wrHlnZ, th!� e�lm� �_
<br /> r! , � t�cund by this 3�cutity InstNment sh�N be reducad by the amount of the proceads muiUpAed by tht foYowtny iraotlon: (a)ths -
<br /> � � totat amount ot the sums secund Imm�dl�tdy before the taWng,dlvtd�d by(b) the fair market valu�of th�Property knm�di�tMy �'+'.`
<br /> ; �
<br /> � beton the takinp.My belance ahall b�ptld to Borrower.In the event at a pud�i t�kiny oi ths Ropstty In which the(ak m�ricM �=�
<br /> . " • wlu�of tht Prop�rty imm�diaUly bdors the t�kinq is leas th�n the amount ot th� sums 3�cur�d Imm�diately befon the taWnp, r"�'"
<br /> untess Borrower and Lenda oth�nvlss ayne In wriUnp or unkes appWcobis I�w otherwit� provida, th� procNds shaY b� `
<br /> �pplNd to!he�ums a�eund by thia Searity Instrum�nt whether a not th�tuma u�thm du�. -
<br /> It tho P►opwly is�b�ndonM by BarrowK, or B, aft�r noHc�by Lmder to Botrow�t that th� cond�or oH�rs to m�k��n �___
<br /> �ward or ��11N a cl�kn iw d�+my��. Borrow�r t�As to respond to Undw wNhln 30 dayt aftu th� d�b th� notic� is ylwn. ,-:-;
<br /> Undw is �uthorixed to colleet and�pply the proceeds,at its option. NthK to nstontlon a npalr of tht Prop�rty or to th� t""
<br /> ' ', auns secund by thls 3�curity Instrum�nt,whnh�r w not then du�.
<br /> Un��ss LmdK and Bortowe► otherwfas aprae In w�itinp, my �ppAution ot proceeds to principai eh�N not �xtend or ay�,
<br /> po�tpon�the due d�te of the monthy p�yments ratMed to In puayraphs 1 and 2 or chanye the amount ot wGh paym�nts. �';;
<br /> � • 11. Bo�row�r Not R�t�a�d; Forb��rans� By L.�nd�r Not a Waiv��.Ext�nNon ot th�ikns ta paym�nt or �,r
<br /> modiflcaUon ol amortizatlon ot th� aums aecured by thla Secu�ity Inatrum�nt granted by Lender to any euccessor in int�nat of �'-
<br /> BoROwor shaN not opante to rNease tht Qabilily ot the oripina� Borrowar or Bortowei a successors in Int�reat. Lender thall not _
<br /> be requk�d to comm�nco proceadkigs apalnat any auecesaor In Mtxeat or raluae to extend tima tw p�ym�nt or oth+rwise
<br /> modity amort�aUon ot th�auma sacurad by thla Security inatrummt by raason ot any dwrNnd mada by the o�lyin�l Borrow�r or �
<br /> , Bortower'a aucceanora in Intxeat. My forb�aranc� by L�ndor k► wnrGslnq any �iyht or ramady shaA not b� a waiv�t of o► -� -
<br /> pnelude ths exerGse of any dyht or remedy. n;�
<br /> ' ' 12. Succ�ssors and As:f�ns Bound; Jolnt and Sovoral Uability; Co-slynoro. rhe covenmts�nd --.-
<br /> �prNtrnnts of this Secudty �netrument atuiil bind and benefit the aueceaaoro end assigns of Lander and Borrower,subJxt to the ;;�
<br /> •� provlsions ot panynph 17. Bortow�r's covenants and aqreemants shall b�joint and aeveral. My BoROwer who co•slpns this `'u�'
<br /> � � Socurity instrum�nt but does not executt the Note: (a)Is co•sipning thia Security Instrument onty to mortgaye,prnnt�nd convey �
<br /> � :�� • th�t BoROwer's Int�reat in the Propaty undK the t�ms ot this Security Inetrument; (b) is not parsonaUy obAyat�d to pay the
<br /> � r eums secured by thia Security Instrumant: and(c) aprees that Lcnder and any other 8ortower m�y ayree to extmd, modify,
<br /> �,v 1orbMr a m�ce �ny aceommodations with royard to the tertna of thia Securiry Instrumar►t or tha Note without that Borrow�r's
<br /> � wnsent. -
<br /> * ' � 13. Lo�n Char�YS. If the Io�n secured by thls Secu►ity Instrument Is subJect to a irw which seta maxlmum Iwn
<br /> chuyss, �nd that I�w is 1lnally interpreted so that the interest w other toon charges coll�cted or to be coliected In connecdon
<br /> , • with the lan utceed the pmnitted WnHa, then: (a)eny such tan charq�ahaA be �educed by the amount necessary to nduc�
<br /> _ � the ch�rq� to the p�rmmed Iknit: end (b)any sums akeady collected from 8orrower whlch �xceeded pemiltted IkNts will be �
<br /> rofund�d to 8orrower. LendK may chooae to make this refund by �educinp the principd owed under ths Note or by m�kiny a .
<br /> �. . ' dinot paym�nt to Borrow�. If a nfund nduc�s prindpal, tho raducUon wUl ba troat�d �s a p�l prepaym�nt wkhout any
<br /> � , pnpaytnant charye undsr the Note.
<br /> • : 14. NOtIC�l.My notic�to BoROwer provided tor in this Secudty ImUumant ah�Y be yiven by dNNwfny ft or by maWng It
<br /> =� � ; by ftnt d�ss m�N unNss�pplicabie IRw requkes use ot anothar mothod. The not(ca shrtl b� dkactnd to th� Proparty Addnss
<br /> s,��y`" '� or any other�ddrns Bortow� dtNyn�bs by notic� to Lendx. My nolice to LendK ahall W yiwn by lkst d�a mW to
<br /> -`�'; '`'•: _
<br /> L�ndK's�ddnss st�t�d hKdn or any other addreaa Under desipnates by noUce to Bortow�r. My notiee provid�d iw in this
<br /> _�.� �.._.. n� .t�...1�....1......I..�.. .....W�M NJ... wA ±
<br /> �: - . - �tiW11r MIOYVIIt�III�iNMi w Vtlwi�ou iv i�i�o u�w�y��w�iv �v�,vi:vi r r....vw ..•..... r.w.��r......'�'. «..����:.y.... .
<br /> ����y�`���,�.��, 16. GOY�minp Law; Soverobility. Thla S�cuHty instrument shaW b� �ovemud by fedenl I�w and th� I�w oi th�
<br /> - � • � �..:..,..., ,;,- JutltdbUon In whbh th� Prop�rty Is laat�d. In the event that my provision or cisuse of thts Sewrity Instrument or the Nota
<br /> = �S+�t-•�►;.��':.z,: : ConAfats wkh�ppYetbN kw,wcb conAict sh�W not aN�ct other provl�lons of this SecurNy Mstrum�nt or th�Not�whbh cu► be
<br /> b qhr�n�fted without th�contYcdnp provl�lon.To this �nd tbt provistons ot this S�ouriry Inatrumant�nd th�Nots are d�dand to
<br /> � , b�swwable. '
<br /> �?''�'�;:'.•::_�;.;+:':. �
<br /> �.a, �� 16.Borrow�r's Copy.Barower eh�N b�qiven on�conformW copy of tho Not�and ot this S�ulty�nstrum�nt,
<br /> •�:�.,.��:
<br /> f1J10.LM0 p9/D7) Pay�7 of S �,�;
<br /> —.�u,.�:,.�J.:� In Hou�e �
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