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<br /> ------ _ — • ZC�S'�:'.�t!St!'� C.!!'! !1!!'�T � �ii�w� s�w i'w�-ii. N �w�J�w� �i F�t��i'i�'.�S ��� � CSS!!4lTQ j�M�1^R n► ��fMfa�� 10�
<br /> _ - ---– �nAsad wNh a ruAnp thal. in l�ndrr'�qood f�Nh tlMMmin�tlnn,W�cM+d�s brNitwe ol th�8a►owK'�(nt�t In Ih�Prop�rly a --
<br /> WhM nwtKMl fmp�irm�nt ol Ih�M�n aMird t+y thl� taourky Intt+um�nt a L�ndw'���oixNy InNrNI, 8arowK�haM M�a a M
<br /> dMwN M SarowK.durin0 Ih�b�n�IIa�Non prooN�,p�v�nWKIMy MM�or Inaeount�IntamUlon or�t�t�nw�q to Undu(a
<br /> wnll�d'to, �prN�u°^sh meonam4�i Barow�r'Iion)��nn�otldon'�h Ih��l�n,wldrn��th�a Indu�M�Y�
<br /> In�ln�m�nt i� on • IMSN►old� darow�r �h�M oon�P�Y wNh �M tM Prowalan1 0l th�IMN. 11 Bortow�t �ofpMM IM IN1 to th� �
<br /> p►aP�tf►�lh�IMR�hold�nd th�iM 11l6��h�M nol nM►W unM�� Lw�drr�pr� b th�m�rp�r In wrMinq.
<br /> T. Prot�tlon M l.�nd�r's qlpht� In!FN Prop�rty.N eonoww I�M� to p�iorm th�covM+�nt��nd�prMn�nt� N
<br /> j — wnWn�d h thb 9�curity InsUUm�nt, or th�n 1��UpN procNdlnO th�t nnY Nqnqlo�nW�N�at UndK's rlphl�in th114opM'ty
<br /> ,'•• (eucfi�s� proa�ding fn b�nkruptcy� WoWb.ta condann�tlon w lorl�ituu a to �nlora I�w�a rpuwuom). Ihrn l�nd�►m�y ___
<br /> 'i do�nd p�y la whal�+r�r it n�s�ry to prot�ct Ih�vdu�of th� PropKty md L�nd�t"s�lyhts in th�Prop�iy. L�ndM'�acUons
<br /> nry Indud� W!*+4 +�Y wm� s�cund by � Ilm which h�s prlority ovK thk S�uxfty In�uumw►1� �PP�� „ coat, Wf�rW
<br /> rM�onabl�attom�y�'ftN and�ntMinp on th� PropMly to m�kt rp�ks.IVthouOh Und�r may tsla�ation und�r th�P�O�Pn
<br /> � 7,L�nd�r d�n not h�v+to do so.
<br /> My amounts d�bursed by Under under p�raynph 7 sh�M beoome �ddilionat d�bt of Borrow�r s�cur�d by thb 8�axky
<br /> ��--- �n�uumant. Unless Bortower md Lmder apree to other terms o} p�ym�r►t, ih�at �unountt shaA bMr ht�ra�l kom tht dat� Ot
<br /> ----• - � disbursemmt et the Note nitR�nd sh�il b�paya6le,wflh IntKest,upon notk�tom Lrndx to Bor►ower requestinp paynNnt.
<br /> --�–���*�� 8. Mo�tysq� I�suranco. If Lender requked mortqaye insurarc��s a eondHlon of maklnp th��an tecur�d !iy thts –
<br /> 3�curily Mstrum�nt,Bortower sh�ll pty the pr�nlums nquk�d to rtulntdn th� mortynp�(nsurancs In�ff�ct.It,iw�ny nuon,th�
<br /> moRyape Inaurance coveape requk�d by Lender Iapaa or es�aea lo b� h �tlect. Bor►owK shap pay the pr�miums nquk�d to
<br /> – ----�;�;.-w;�,�;�.� obt�in coveraqe subshntially equiv�ient to th� morty�ge inturonce previouity h ettect, at� cost subst�ntaMy �quhaNnt to th�
<br /> cost to Borrower ot the mortgaye insurance previouay In eltect. from an �IlKnate mortqaqe inawer �pproved by Lndet. It
<br /> � �..i��►;'�,,, ,:� �ubstantially oquivaient mortyape InsurancQ covoraye is not avauabR, Borrower shaA pay to Lender wah month� +tum�qw� to
<br /> �;�'.,''.?"�,#G:�::�4;,`' onrtwdlth of the yeMy mortyape insunnce premium b�fn9 pald by BoROwer whQn th�Insunncs eovens�I�ps�d or ew�s�d to
<br /> •-,��.; - bs In eflect, Lender wIA accept. use and rotatn these paymmts es e loss raserve In Iieu ot mortg�g� insuranc�. Lou rn�rve
<br /> payments may no longer be required, at ihe option of Lender, if mortg�gA bsurence covenge(in the imount and for Iht palod —
<br /> �°•'' �'�° • � that Lender requires) provided by an insurer approved by Lender �qaln becomas available and Is obtalned. BorrowerahaN p�y
<br /> � ihe premlums requlred to malntafn mortgafle Insurance in eflect, or to provide w loss reserve.until ihe requkamant tu moAp�qe
<br /> " insurance enda in occordance with Any wAtten aqreement between Bortower and Lender or applicable law. �;`.
<br /> • . 9. Inspection. Lender or Its eyent may m�ke reaaonebie entries upon and Inspectione of thQ Property. Under�h�ll pive
<br /> ' Borrower notica at Ihe tlme of or prlor to an Inspection apecltying reasornble eeuse for the inapectlon. �
<br /> ' 10. CondYtilnatlOn.The proceeda ot eny�w�rd or claim tor damages, dkect or conaequential, In connection with any
<br /> condemnatton or other tekinp of any parl of th�Property,or tor conveyanee in Ileu ot condemnatlon, are hereby asalpned and
<br /> ' • • thNl be peld to Lender.
<br /> � In the event of a totai taking ot the Property, the proceeds shell be appued to the aums secured by this Socurfty
<br /> ' Instrument, whether or not lhen due,with any ezeess paid to Borrower. In thQ event oi t partkl takiny oi the Property In which
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<br /> ihe iak market wtue of the PropeAy Immediately before the taking is equal to or groater than the amount of the sumt aeeured _
<br /> by thls Secudty Instrument lmmed�atety before the teking, uniraa Surrower and Larsdcr olher.vlse apree In wikln�,�hw �ums ,
<br /> secured by this Security Instrument shall be reduced by the amount ot the proceeds mulllplled by the tollowing lractlon: (e)the
<br /> totel amount of the sums secured Immediately betore Ihe teking, divfded by (b) the fa�r morkel value oi the Property Immedlately �•.__.
<br /> before the taking. Any balance shaA be paid to Borrower. In the event of a partial tekiny of the Property in whlch the Wr m�rket _
<br /> value of the Property Immediately belore the taking is Iess than the amount of the sums secuted I�nmedlately betore Ihe t�king, �.
<br /> unless Borrower and Lender othervvlse egree in writing or unless applicabb law otherwlse provldes, the proceeds shoA be ._
<br /> � �pplled to the sums secured by thls Security Instrument whether or nol the sums are then uue.
<br /> '• It the Properly Is abandoncd by Borrower, or It, a(ter notice by Lender to 8orrower that the condemnor o8ers to make an � ,
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<br /> �ward or settle o clalm for damages. Borrower fails to respond to Lender withln 30 days afler the date the notict Is qhron, -,_.�
<br /> Lander Is authorized to collect and appty the proceeds, et its optlon, either lo restonllon or repdr of tha PropeRy or to the
<br /> �� . sums secured by thls Secu�Ity Inslrument.whother or not then due. � ,
<br /> i . Un�ess Lender and Borrower utherwise agree In writlng, any applicatlon ol proceeds ro princlpal shaY not eztend or ` ,i-
<br /> � . postpone the due date ol the monthly payments relerred to in parngraphs t and 2 or change the amount of such peymer►ts.
<br /> . 11. BorrowQ� Not Relsaaod; ForbQaranco By LondQr Not � Waiver. Extenslon of the time tor p�ymmt or
<br /> modificaUon ol amortiiation ol the sums secumd by thfs Secwity Instrumenl pranted by Lender to any successor In Interest ot
<br /> ' " Borrower shell not operate to release the liabdity o( the original Barower or Borrower's successors in Interest. Lender shall not i
<br /> be requked to commence proceedings agax�s� any successor in interesl or reluse to eztend tlme 1or payment or otherwlse ,
<br /> modily amortitatfon ot the sums secured by this Security Instrument by reason of any demand made by the o�iglnal Borrower or I
<br /> 8orrower's successors in interest. Any lorbearance by Lender In exercising any right or remedy shell not be a waNer ot or !
<br /> preclude the exercise of any righl or remedy.
<br /> � 12. Successors and Assigns Bound; Join4 end Several Liability; Co-signers. The covms�ts •nd
<br /> agreements of thls Security Instrument shall bind end benefit the successors �rtd asslgns of Lender and Bonowe�. sub�ect to the
<br /> provlslons ol paragreph 17. Borrower's covenants and egreements shall be bint and several. Any Borrower who co•slgns thls
<br /> Security Instrument but does not execute the Note: (a) Is co•signing this Securlty Instrument only to mortgaye, yrant and convey
<br /> • ' that 8orrower's interest In the Property under the terms of this Security Instrument: (b) Is not personally obligated to pay the
<br /> 5ums secured by this Security Instrument: and (c) agrees tliat Lender and ony other Borrower may agree to extend, modify,
<br /> torbear or make any accommodatlons with regard to the terms o� this Securily Instrument or the Note wllhout that Bonower'a
<br /> ; � consent.
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<br /> f ' 13. Loan Charges. It the loan secured by lh�s Secu�dy �nstrument �s subject to a law whlch se�s maxlmum loan
<br /> • char9es. and lhat law is finally interpreted so that the interest or other loan charqes collected or to be cdlected in tonnect on
<br /> " � wlth the toan exceed the permitted limits. then� (a) any such loan charge shall be reduced by the amount necessary to reduce
<br /> � the charge to the perm4ted limit: and (b) any sums already colleUrJ Irom Borrower which exceeded perniilled Ixnits will be
<br /> . relunded to Bonower. Lender may choose to make this re(und by reduc�ng Ihe principal owed under the Note or by making a
<br /> ' , • direct payment to Borrower. �f a refund reduces principat, the reduction wiN be treated as a paAial prepayment wlhout any
<br /> prepeyment charge under the Note.
<br /> � � 14. Notices. Any noUce to Borrower provided for in this Secu�ity Instmment shall be glven by delivering it or by mailing it
<br /> ' fi � by first class mail unless applicable IAw rr�uirr5 use o1 anothrr mRthod. The not�ce shall be directed to the PropeAy Address
<br /> I or any other eddress Bortower deslgnntes by notice to Lender Any �otice to lender shall be glven by frst class mall to
<br /> 3�;_ j, j Lender's address s�ated herein or any other address Lender designates by notice to Borrower. Any notice provided lor N thls
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<br /> �_ � �-��. � SeCUrity Instrumenl snall be tleemea io nave Ucen given io ourrowrr oi �d�ud ..i�o� y�:E�� a�r�..••��� ^• •^•- r°-$'-.•••
<br /> 15. Governfng Law; SevdrabiHty. This Secur�ty Inslrument shall be governed by tederal law and the�aw o} the
<br /> � j jurisdicllon in which the Property �s Iocaled In the event tlnl any prov�s�on or clau,e of �h�s Secunty Instrument a the Note
<br /> ' � conflicts with appGcable law, such conllict shall not aMect other provisions ol lhis Security Instrument or the Note which can be
<br /> given eHect without ihe conllicting provision. To this end Ihe pronsions ol this Security Instrument and the Nole are dectared to
<br /> � R be severable.
<br /> � � � 16. Borrower's Copy.Borrower shall be glven one contormed copy of the Note and ot this Security Instrument.
<br /> Ft3tGlM0I�Y/9�) P.,�° ;`} '
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