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<br /> - -__ _����I • �on�ow.r Mnr an wa� . aM.,�t N►a nYw1�, .. vrovW�d in p�iph 19� by�a�wkia u�. .dlon «Dt�q :0 4. .
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<br /> -- . . ----�----f . , aNIM/{00 WKNI/f1�1Q l�l�kl L.�www��000 IM�II�1M�►AIr11Y11�1ww�iiwi�iw�waiii w�i Mwiviiw�wl'�i.�iw��'i:ri{v�� w j L7 -° -.
<br /> ah�r�M�NI inp�Y�+t a n,.Mn aMMa by thM t�a+fi►In.bw�n «Landrr.•.wrNr N,Irn.f. eor►o�rMr .N�M �Mo B.h —
<br /> dM�Nil M�on�oww.d�MN1Y tM b�n�PP��P���M��mMMMMY Mip or�MOqr�t�N11omMlbn or�WWwM1nb b LrntMr(ar
<br /> • pMd b pOYid�L�nd�t wllh M1y 111M�MI MNanMtlon) b oo�MUOtlon Mllql th�b�f1 wldMio�d bY tM Nol�.inoMldnp,bul 11ot
<br /> � IiNt�d !o. npn�Mons oonornin0 Bortow�'� ��'Y of Ih� rropuly w a p�k�dpM rMidM� M thN �arNY
<br /> In�teur+w�t M on�laahotd� 8artowrr shN no�o+ply wkh MI th�profMlon� d•tM 1�. If 8arow�►�oquY�s N� tllM b th�
<br /> Prop«ty,tM IwMioid�nd th�1M HIM siW not nw+p�u.�kss L�nd�r WrMS 101h�m�r�r in wrlNnp.
<br /> 7.Prot�allon of L�nd�r'�Rl�l�ta I�n th�Prop�rty.H BoROwr aN� to prlam th�oov�nw� and apn�nNna
<br /> oant�InM In thN S�anNy kwh�nNnt,a th�n Is �MqY proo�nY t�t n�Y�ipr�o��IN�M�at I.�nd�r'� dpids b tha Pro{�ry
<br /> � (woh w a p►oa�dinp In bNkn+ploy�pr+ob�t�,lor aoodunn�tbn a Iorl�Kun a to �n1o►o�Iww or npuMtlom)�ttNn Und�►m�y
<br /> ,� do�nd p�Y for wh�twK M nw�wy b prot�ot ih�vdu�al tM R'op�rty�nd L�nd�r's tipMo h th�Propwty. l.«id�t'�iotlw►s
<br /> --_- -,m�� mry indud� Mf�O �+Y� s�our�d by • Nn whbh F,u pdorMy ov�r thM B�a�ItY Instn�n� MiPsrfnp in oouA. Wf�W
<br /> :-�,.,�.,a.�.�::�iti�l n�son�bl��ttom�y�'f��nd �nt�kp on th�PropMty to m�k�r�pNn. Althoupl� Lan�M►nMY Wn aoUon untiw 1Ns p�ra0npb
<br /> 7�i.�ndrr do�s not h�v�to do so.
<br /> .. -. ..�F,• ,�+� My �mounts �bun�d by Unda undK panpnph 7 shN b�oom��dclltornl d�bt of 8arow�r s�ax�d by thia�awky
<br /> :�.��`Y:_���.:�:�''_�"� Imtrum�nt UnNts BatowK�nd L�ndK �q� to othr 9�ms of paym�nt, ihK� rnounts shd bw Int�t Man th�d�t�of
<br /> - - - - .-.3._n=-� dNbunwrt�nt �t th�NoU raN and sh�N bt p�yabN.wNlt inbnat,upon�otic�kom Und�r to 8arc�v�n4uKtlnp P�Ym�nt.
<br /> --• - ---,-;�""�-�._:i-"= 8. MortQ� Inwr�nc�. N t.nda nquir.d matp�q.Inwranc� .s a condqion ot m�kinp th• lan s�cund by this
<br /> 3�curfty In�dumm�Bortow�r sbaN pay th�prwniuma nquked to m�k�Wn th�mortp�y�inwnna In df�ct. H�to► any nuon.th�
<br /> �,:s�:zL ,s� ^10R�0� �turanw cowny�t��r�b LoUn�sa ��t�to b��Nt�at, 9otrow a�wbslanWiYy�quiv�t�n tt odth�
<br /> ' obtain cowraqs subttanlMNY squMi G�O� P�
<br /> -- f cost to BarowK ot th�mortp�� imunnc� p►wiau�ly k► �fbct, trom an ait�rttNb mart�q�ktw�K approv�d by L�1d�r. It
<br /> '� �'�;'r�� . wbsUnti�iiy�quivaMnt maty�p�hsunnu oovKap�t�not av�bl��Bortow�sh�t pay to L�nd�t Mch month �wm�qwi to
<br /> . ��'� ... �. on♦tw�Mth of th�yMrty matp�y�Inwranc�tx�rY�+m bNnp p�id by Borrow�r whan th�tnaunuic�cownQ�I�ps�d or a�s�d to
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<br /> . - . b�In�ItQCt. Landa�wUl acc�pt,uss md rehin thsse pay►nenta u�loet resuvs in Ilw of matgRg�Insurmc�. Loa ns�rv� _
<br /> p�ymmts m�y no bnyw be r�quirad,at the aptlon ot Lend�r, B moKpaye hsunnce cov�p�(h the�mount and for th�p«iod _
<br /> � , � th�t Unda nquk�)provid�d by�n hsur�r �pproved by L�nd�r ay�in b�com�s aW�bl�and la o6tak��d. Bortow�r shall p�Y
<br /> � ' ths premlums rpuked to mdnWn matgaye fnsuru�c�in d(eot,ar to prov{de�to�e nserve, unW the requk�m�nt for mortp�ps
<br /> • bwrnnc�mds h aceudenu wlth any wdtlen ay�s�ment betwNn Barowx and L�nder or appMcable Iaw.
<br /> � 8. Imp�atlon. Lend�r a'its �pent may m�k�rwson�ble�nUies upon and imp�ctions ot ths Property. L�nd�t tluM ylv° --
<br /> ' Borrowx notic�at tht tkne of or prior ta�n Mspsctlon sp�cNylnp rMSOnabie uuse tor the insp�ation.
<br /> , � 10. Cond�mnitlon.Th�proceads of any award w cl�im tw d�mayes, dinnt or conaqu�ntiu, in eonn�ctlon witb any _
<br /> cond�nnation or other t�k(np of any pan of th� Prop�rty,or for conv�yancs in Qw of cond�rrwtlon, �n h�nbY�sslqn�d and
<br /> •. . shall be pald to l.end�r.
<br /> ' In th� event of • lotel takk�p ot the Roperty, ths pracseda shaY b� appued to ths sums eecund by thi� 3�airiry _
<br /> In�trum�►L whMher or not then due,wfth any sxeess pald to 8orrowK. U th�avent of a partid taWnp oi th�Propaty In which
<br /> ___ ___ _ _ � th� f�i►muk�t valus of the Propaty Nnm�dlat�iy bdon th�hklnp la�quai to or yrwter than th��mount of the wmt s�cund
<br /> ------ ---'� by thit 3�eurily InsQUmmt rnntedi�tely b�fon ths takiny, uniass 8ortvww f�i1d L�ttti�r 8thstwi:s aQrso !n �rsltlnp� the =utn�
<br /> a�cund by thia S�w�iry InsWmmt shail b�nduc�d by the amount ot th�procNdt mulUplied by th�foNowinp fidlon: (�)th•
<br /> ' totat amount o}the auma escured tmm�dl�tely bdore the taWnp,divld�d by (b)ths i�fr m�rket value of th�Propaly imm�bly
<br /> befon the takinp. My b�knce ahall be paW to 8or►owK.In th�w�nt of a part{d Wdny ot th�Prop�tty in whiah ths i�k mtrk�t
<br /> vaiu�ot the Proputy Gnm�dl�tery b�lors th� takinp Is laas than ih�amount ot th�sums rsciu�d imm�di�t�ly bNa� th� takinp, _,
<br /> � unless Barower and Under oth�rwbe aprN in writin� a unl�ss �ppNc�bN kw othwwi�� pcovidh, the p►oeNds shaN b�
<br /> �ppWd to ths wma s�cund by this 3ecurityy Instrum�nt whetha or not th�sums u�th�r►du�.
<br /> ` It tn�PropKty Is abmdomd by Bortower, or H, �ft�r noUc�by UndK to Bortow�that tht cond�nna ott�n to m�k��n
<br /> ; awerd or �etUe a c�tm for darmp�s, BonowK I�Ys to ra�pond to LMd�r wtthin 30 daya �tl�r th� dut�tho notir,�Is yiwn. �`,_
<br /> � Lmd�r Is �uthaiz�d to collect �nd apply the prae�dt, �t Its optlon, Nth�r to n�tontion w r�p�f►of th�Propuly or to th�
<br /> �� wms sscund by thi� Sawriry Inatrument,wh�thar a not th�n due. �.{•
<br /> � , Unless lenda �nd Borrower otherwise ayree in wrillny, �ny +ppNc�tion of proc�eds to principal thNl not �xtend or
<br /> postpone the due datt of the monthty paymenta re(erted to In paraynpha 1 and 2 or ch�npe th�amount of�uch payments.
<br /> 11. Borrow�r Not Rotoa�d; Forb��ranc�By L�ndor Not a Walwr.Ext.naion ot the Ume tor payment or �.r_.
<br /> • modiflc�tion of�mortiz�tbn of the suma aewred by ihis SacurUy �nsWm�nt gnnted by Londer to any succe�sor In Intereat ot
<br /> Bortow�r ahall not opents to relsase the Nablliry ot th�oripinat Borrower or borrowers euccessoro (n int�aat. Lender sholl not � '
<br /> �. be required to commence proaedinpa �yainat my successor In interest or retuae to extend tirne tor p�yment or otherwine
<br /> modity amatizatlon ot tha auma seeured by thla Securily Instrument by reanon ot any d�mand made by the origiml Bortower or •
<br /> i BoROwer'a successors in Inte►est. My tortie�rance by Lender in ezxcisiny any dyht or remedy sh�N not be a waivx ol or L
<br /> � � preclude ihe exerclse of any dght or remedy. f
<br /> i 12. Succeasoro and Assigns Bound; Jolnt and Sovoral Liabllity; Co-si�nar�.Tne eoven.nts and ,
<br /> egreaments of this Securily Inst�ument shaN bind and benefd the auccessors �nd aeaigns of Lander and Bortower,subject to the �
<br /> I provlslons of p�rapnph 17. Bortower'a covenrnts and ayreements shatl be Jdnt and several. My Borrower who co-sipns thfs
<br /> Secudty Instrum�nt but does not execute the Note: (e) is co-slpning this Securfry Inatrument ony to mortg�pe, gnu�t and convey {
<br /> - � that Borrower's(nterest in the PropMy under the tertns of this Securlty Instrument; (b) Is not persomily oblfyeted to pay the
<br /> � � sums secured by this Security InstrumenL and (c)agrees thet Lender end any other Borrower may agree to extend, modHy,
<br /> �, ' torbar or make any accommodations with repard to the terms ot this Securiry Instrument or the Note wilhout that Borrower's
<br /> : consent. �
<br /> t 13. Loan Chal'g@8. If the loan secured by thls Secur(ty Instrument Is subJect to a law whieh sets maxlmum �oan
<br /> charyes, and that law is flnapy Interpreted so that the interest or other ioan charges collected or to be coilected In connecqon
<br /> * with the lo�n ezceed the permitted Ilmits,lhen: (a) any such Ioon cherge shaq be reduced by the amount necessary to reduce
<br /> the chvye to the permitted Iimlt; and (b) any sums already coAected lrom gortower which exceeded permitted ifmils will be
<br /> : refunded to Barower. Lender may choose to rnake this refund by reducinq the principal owed under the Note or by makiny a
<br /> direct payment to Bortower. If a re(und reduces principel, the reduction wlll be treated aa a pa�tiel preptyment wlthout any
<br /> prepayment chage under the Note.
<br /> ' 14. Notiees.My notice to BoROwer provlded for In this Secudty Instrument shail be yiven by detiverkig it or by mailinp ft
<br /> by first ei�aa mail unless applicabie kw requirea use of another method. The noUce shaU be dlrected to the Property Address
<br /> •�' w any other address BoROwer desiqnates by notice to Lender. My notice to Lender shaN be glven by firat ctaas maU to
<br /> � Lender'a addreas stated hereln or any other address Lender designates by notice to Borrower. Any notice provided for In this
<br /> • " � Sacurily Instrument shall be aeemed to neve oeen given to�sorrower or iender wnen given aa providad�r, i�i.pdr■yr.p��.
<br /> ! 1b. �3ovorlting Law; Severability. Thls Security Instrument shaN be govemed by federal law�nd the Itw of the
<br /> . ; Jurlsdlctlon In whlch the Property Is bcated. In the event that any provlslon or clause ot thls Securiry tnstrument or the Note
<br /> con111cts wRh appllceble law,such confllct shaN not aftect other provlslons of thls Security Instrument or the Note whfch can be
<br /> I. I glven ettett wlthout the conlNctlnp provlalon. To thls end the provisiona of thls 3ecurlty Instrument and ths Note are declared to
<br /> • � � be aeverable.
<br /> r� 16. eorrower's Copy.Bortower shotl be gtven one conformed copy ot the Note and ot this 3ecurily Instrument.
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<br /> - • • F7316.LMa (��N3) Papc 3 ot 5 ' • L-� �
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