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<br /> _ — - ��+�t ocwld n.ult in,oA.N�u.of ih�Propu,,,a olh.�wi..n�t.�NN„�,h�Mn a.N.d�Y�hi�8.ou�,�, M.kuma,t a L.nd.r.
<br /> s�ourity htwtw Bortowr m�y au�woh a d�wk�nd r�ind�l�.u pronkbd h p�raynph 1S� bY ausin0llN�ctl�n ar ptooMdn�lo b�
<br /> - ---- �mtas�d wNh a rulrp th�t. h L�nd�r'�pood hllh dMKmin�llon. Pnolud�t taisitun of th� BoRaw�r'�int�nst(n th�Prop�ly a c�h�r m�t�W
<br /> � ,: .� � Irr�n�nt of th�Wn crMt�d by tht�S�oudty In�wnwnt a Lmdr'�s�auiry Int�t. BorrowK sh�N alw b�h dMwk H BoROw�,dixlnQ ih�
<br /> a. Iwn appN��tbn proaa�,pRw rtMt�idly iW�or Inaear+�u Inlorm�Uon or staUm�nt�to L�nd�r (a faY�d to provid� L�►dK wlqi�ny mat�rW
<br /> � Inlartndbn)b corw��cllai wMh th�Iwn w(d�nc�d try th�Not�,indudiny,but not Wdt�d to.nPnwntdions eonc�minp Barowr's 000up�ncy d
<br /> . ..``... .'. th�Property as e pnc�ipd �eeldence. ff thie 3earity Inahument ie o� a le�eehdd.Bortoww�h+M comPh�wHh�11 th�p►ovlaion� ot ih�IMS�. �
<br /> H 8ortawK�cquk�s 1�e tltl�W th�Prop�rty,th�Iw�aid and th�1N 1kM th�M not mKp�w�ss L�nd��0�to th�m�►y�r in wrNk�p.
<br /> - '���"�'����'°:":-.,,:'> 7. Prot�ctlon ot L.�nd�r's Riphts In th� Property. It 8orrowK i�lls to p.darn tha cov.n.na.nd aqr�rNna conWn�d
<br /> �.�_��•'�'�.:�: `-•::'�'� {n thts S�writy M:trum�nt, a th�n is R ip�l procNdM�y that may slpniAe�ntly aft�ct L�ndK'�iyhb In th�Rrop�rly (w�:h as�procMdk�y
<br /> --���:: ..:•n • �
<br /> =�-�.����-��•. '• ' in baniwptcy,p►ob+�t�.ior cond«metion ar forf�lWn or to�nfurc�wws or rpulaUona),th�n Lsnd�r n►ay do and pay lor whatwK k n�c�swy
<br /> -- • —r =' to prot�ct th�valu�of tM Prop�ty uid Und�►'s r{phu �n the P1�op«ty. L�ndu's�cUom rm�y i�c�ud�WyfnG�ny sur�u s�cund by�Ym which
<br /> _=��i%``-�•�- ." :, hae prbrily over thl�3ecurtly Instrummt,app�►inp b aaxt. WYin9 rwwnabN�ttomeyn' t�and�ntacinp on th�Prop�tty to rtwlcQ npdn. ----
<br /> �"�rt:'.r,;x�a�::"i` '
<br /> � � . . /�thouyh L�ndK m�y Wu acUon und�r this puayraph 7.Lw�dK das not h�w to do �o.
<br /> My amounts disbun�d by Lmd�r undK thls par�praph 7�haA becam��dditionat d�bt of BorrowK s�cur�d by thi�3scurily InsWrtw�t.
<br /> �°•..',= �r;,;,;�,«,,;•.�.., , UnNss BoROw�r and L�nd�r�pra�to othu t�rmt oi p�ym�nt,thet�amounts:hall bNr k►tenst from tho dat�ot disburs�n�nt at th�
<br />- ' Note rate and shall 6s pryabls,w�M int�ntt, upon notict from L�nda to Bortowar reqwatMp paymant.
<br /> '� � $. MatQ� Inwanc�. It L�nder required morly�p� Insuranu a�a condiUan ot maWnp th�ban a�cund by this S�curily(nstrumw�t,
<br /> � � Borrow�►sh�N pay thQ prwniums nquk�d to maint�in ths moripaqs insuru�u In eff�ct. If, ta any rMSOn,the mort�pt insuruic� covKap�
<br /> t nqulrad by Lendx hpsn or ewt�s to b�in ettect,BoROww ahap pay the prwn(ume raquirad to obWn coverape aubetantiaNy equk�i�t to th� �
<br /> .1 mort�qe inaunna prwbuay in Nt�ct,at a cost substanllally equivatent to the co�t to Borrower of the mortyaqe inswance prwiou�ly k►Nt�ct. _ _.
<br /> fram �n att�tnato moKy�pe insurer approvad by Lender. Ii subst�ntlaUy pulvalent mortp�fle Insurance aow►aye i�not�vaiiabl�,Borrow�►sh�ll pay
<br /> . to Lender aoch month a sum equtl to onatwaHth ot ihe yeariy mortyaye insurance premium beinq pald by Borrower when the hsurme�cov�r�pe =__.
<br /> • I�pted or ca�tsd to b�h off�at. LendK wW accspt,use�nd retaln thast p�ymente at a lott ta�erve in Geu of mortp�9�(nsunnc�. Loss�awv�
<br /> paymente rnay no Ianyer be requked,at the option of Lender,if matpaye insu►anr,e covera9�(in the�mount and for the period that L�nd�r �;
<br /> ' � requiras)provlded by an inaurer approved by Lender��a4i becomsa avaY�ble and la obt�f��d. Borrowsr sha4 p�y the pratnfums nquk�d to �,
<br /> m�k�tain mortyaQe insuruice in effect,or to provlde a Ioa�reseve,untU the requlreme�t for nartpape Insuranca mds In accordtnc�with�ny �'
<br /> written�yreement botw�► 8orrow�►and Lender or appilublo kw.
<br /> 9. (nlp�Ct101�. Le�der or Ita ayenl may make rason�blo anMea upon and fnapectlons of th�Property. �ender ahaU qN�8orrow�r
<br /> noUce�t the time of or prior to an inapecUon specirying reasonabie cauae tor tho inspection. —
<br /> i0. Casdatrs��!le�: Thc proaced�o!aay a�far� ar cl�im for dn�eupee,tiMect or t?w+��e�tlat.In conn�ction wfth any cond�ntnaUon
<br /> or other tak(ny ot any put of tha Property,or for conrey�nce In Ileu of condemnation,�re hKeby assipned and shaA be paid to Lender.
<br /> 1�the event of a toal taWny of the Property,the p�oceeda shoA be appilad to the aums aeared by ihls Security Inatrum�nt, whnhw or not _
<br /> thon due,with any exceas peld to BoROwer. In the event of a paAiai UWny ot the Property h which the fair market value ot the Roparry
<br /> immedlatety betore the Ukiny is equa�to or greater than the�mount ot the sums secured by ihis 3ecurity Inatrument imm�diatdy befwe tha t�kinp, �'"�
<br /> unlesa BoROwer and Lender othervvise aqree In w►itinp. the sums secured by tMs Security Instrument ahaA be reduced by the�mount of thQ --
<br /> � proceeds mufliplled by ihe following lraction: (a)the total amount o1 sums aecured immediatdy betore the taWny,divided by(b)the f�k rtNrket �."-
<br /> vaiue ot the Property immedlately before the taking. My baiance ahall be paid to Borrower. In the event ot a partial taWny of the Prop�rty in
<br /> whlch the fair market value of the Property immediately belore the teking Is less than the artau�t of the sums secured Immediately bMore the
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<br /> � tskinq,untess Borrower ond Lender otherwise agree In wriltng or uniess applicable law othendse provides,the proceeda sh�U b� �pp��ed _
<br /> . . to the suma secured by thin Security Instrument whether or not the sums are then due.
<br /> If the Property Is ab�ndoned by 8onower,or ii,after notice by Lendx to Bortower that the condemnor oftera to rtwke�n award or eeril�
<br /> a clalm tor damagea, Borrower tails to respond to Lender wlthln 30 days after the date the notice Is glven. Lender is autho�ized to coUect
<br /> and apply the proceeda,at Its option,either to restoratton or repair of the Property or to the sums secured by thla 3�curity Instrum�nt,
<br /> whether or not then due. `
<br /> Unless Lender and Borrower otherwise agree in writlnp, eny applicatlon of proceeds to principal shall not extend or postpane the du�
<br /> f he monthl a ents referred to In ara w hs 1 and 2 or chan e the amount ot such paymmts. �.
<br /> dote o t y p ym P 9 P 9
<br /> 11. 8orrowor Not Roloasod; Forobearanco By Landar Not a Watvor. Extension of the tlme for peyment or modmcation �.__
<br /> af amortlzatlon of the aums secured by this Security Instmment granted by Lender to any suceessor in Interest oi 8orrower shall nol '
<br /> operate to raease the Il�bility ot the origina� Borrower or Borrower's successors in Interest. lender shaU not be requlred to commence
<br /> proceedings against any successor In Ir.terest or re(use to extend tlme for payment or otherwise modily amortizatbn ot tha sums aecured "
<br /> � by this Securiry Instrument by reason ot any dema�d mode by the o�iginat Bonower or Borrower's successors In Intarest. My torbearance
<br /> by Lender in exercising eny right or remedy shaN not be e walver of or preclude the exereise of any right or remedy.
<br /> 12. Succassor� and Asxig�a Bound; Jolnt and SovQral Liabitity; Co-signer�. The eovenants and agreements oi
<br /> this Security Instrument shaN bind and benefit the successors and essigns of Lender and Borrower. sub�ect to the provislons of pengnph
<br /> � 17. Borrower's covenents ond agraements shall be Joint and severei. My 8orrower who co signs tMS Security Instrument but does not
<br /> � execute ihe Note: (e) is co•signing this Security Instrument only to mortgage.grant and convey that Borrower's Interest in the Property
<br /> under the tertns of this Security Instrument: �b) is nol personelly obligated to pay the sums secured by ihis Socurity Instrument: and(c)
<br /> agrees that Lender and any other Borcower may agree to extend.modity.torbear or make any accommodations with regard to the terms of
<br /> this Security Instrument or the Note without that Borrower's consent.
<br /> � 13. Loan Charges. If the loan secured by th�s Security Instrument is sub�ect to a law which sets mazimum loan cherges.and
<br /> ' that Iaw Is Tinally Inlerpreted so that the interest or other loan charges collected or to be co4ected in connectlon with the loan exceed
<br /> ; the pertnitted itmits,then: (a)any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted
<br /> Qmit:and (b)any sums a:ready collected Irom BoROwer which exceeded pertnftted limfis witl be retunded to BoROwer. lender may choose
<br /> _ € � tn maka thls retund bv reducina the arinciaal owed under the Note or by making e dfrect payment to Bortower. If a refund redueee prin-
<br /> � , clpai,the reduetion wfN be treated as a partiei prepayment without any prepayment chorge under the Note.
<br /> � 14. NOtICOS. �y notice to Borrower provided br in this Seamty Instrument shalt be given by delivering it or by mailing it by first
<br /> • dass mail uniess applluble law requlres use of enother melhod. The notice sheN be directed to the Property Address or any other address
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<br /> � � a01b1 hm���vi, F.��� , :��_ Form 9028 9/80
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