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<br /> -� - -_ _ :_- ?. Frouaaeicr+ vi Ls�'ir Ai�`�a Ir� ��. �rc.jc..'ty. B ecrrc� 4� !o¢:slossa!he c�+san�e el+d a�r�nena oa��ain.d b L-
<br /> �T'i�!+�wfta�.•'^+� ihi�8�rlty (n�trunwlt� at thK� Is� hpd proc�cWip th�t may+IpnMcuitlY �M�cl L�nd�r'� ripht� in th�Propwty(wah aa� procMdiny h
<br /> .:•' ::�,�.;:,,• Wnlwptqr�Probatt,/a aand�matlon or Ia1�Uun a to mtac�wws w rpuwtion�)�thm L�nclr mry do�nd pay for what�►�r 1�n�oawy
<br /> �=:�ri:fi�:��`"�t' to prot�et th�vsW�of th�Prop�tY and Land�r's dpi►ts Yt th� Ptaf►rty. L�ndM'��etlons m�y hcMrd�D�YhO�+�y sWns��au�d by�Mm
<br /> i{ •M. :..,_.n�". • whbh hn prfaNy ov�►thl�9aurfly InsWm�nt�PR��9 In caxt, WW�O r�uotwWo�ttom�y'�t� �nd �ntrk�p on th�AropNty to m�k�
<br /> .•,. '-:•:, e.. t�pMs. lUthouQh Und�r may uk��ation undu thls panpnPh 7,L�nd�r dw�nat h�v�ta do so.
<br /> �.� ' My�mounts ditbunW by L�nd�r und�r thls p�n�nph 7 shaN b�oon� �ddN�on�1 dcbt of Dortow�t t�cund by thb S�curlly ImUummt.
<br /> ��; UnIMa BoROwK and Undrt�pr�a to othr t�rms of p�ym�nt,thn��mount�sh�N bMr int«wt hom ih� dtl�of dldwnMn�nt�t th�Not�
<br /> � • � t�t�and�h�M M pay�bN,wkh Int�r�t. upon notic�trom L�nd�r to Borrow�r rpuadnG P�Y�t�
<br /> °. � 8. Mo�tpap� Insur�nc�. It Und�r nquk�d morty�p� bsur�na a� a condiUon of nwkM+p th� Iwn s.au.d ay this s.a,r�y
<br /> � , inshum�nt, Bortoww shW pry th�pr�+nlums roquk�d to malntain ttia monpape inaunnce In eftect. N,for my ro�aon, the enortQ�p� Mwrnno� �_ -
<br /> ��' ;:y covKa�rquind by L�nd�r I�psn or aasn to 6t in efl�at. 8orrowK�h�N Wy th� prrntums nquk�d to obWn covrray�sub�tanlMNy
<br /> �' ` �quHai�nt to the morty�p�Insurana prwbu�y b �fbat,�t a cost wbauntl�Ny�quNaNnt to th�cott to BarowK of lh� matq�p� inwrana _
<br /> , t prwbusN �► M�� N� �^ ��t� ��0��^sunr +ipprov�d by L�nda. If su6sUntb4y �quN�Nnt mortyrp�k+wnna aovKafl�is not —
<br /> `' � avaU�bt�, Bortower sh�ll pay to Lmdsr�aah month w wm putl to on�twdith ot th� yMrly mortpRg� {nsunnee prw►wum b�hp pald tsy —
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<br /> -- - Borrowrr whsn th� Insunnae cownpe I�ps�d or c�asrd to W in attact. Undr wiN acc�pt, ue� and nUh th�s�paym�nts u a k��a
<br /> •` J=� , •- nserv� in N�u of mortq�p� tn:urane�. Loss n�erve paymmts may no bnyer b�nquked, at th�optbn ot Lsnd�r, H maty�po tnwr�na
<br /> '��" covKaqe(In tho amount and tor th�pulod lh�t Lander requkes) provid�d by�n InaurK�pprowd by L�nder aQain b�cwn�s av�bl�and is -
<br /> '..r.-
<br /> obUlned, Bor►oww shaN pay tht praniumt rsquked to rtwint�in mortgaye Insunna (n �flact, or to provid� � bss resorv�, un t •
<br />'°" �pukertient for mortgaye inaurance ends in accordance with�ny wAtten apreement botw�en 8ortowx and L�ndK a�ppYcabl�ww.
<br /> -. 9. Insp�Ctlon. Lender or Ha aper►t m�y m�ke reasonab�e entdes upon and:nepscUom of th� Propwty. Lmd�r sFuiN pive 8ortow�r
<br /> noUce at the tlme ol or p�lor to an Inspaction apeeifyk�p rsasonabi�c�ua�for ths intpaetlon. _
<br /> 10. Cond�mnatlon. The procseda of any �ward or claim tor dRrruQea, dinet or con�pu�nt4i1, In eonnxtlon with any
<br /> condemn�Uon or oth�r t�Wnq ot any part of the Prope►ty, or for conveyancs in Iiw of aand�mnation, an h�nby ��sipned�nd eh�l!bs pdd
<br /> to Under.
<br /> �n the ewnt of a toUd t�Wny of the PropMy, tha proceeds shall be appiled to the aums aecured by this Security Inatrument,whether or —�-
<br /> not then due,wlth any exceaa paid to BoROwer. In the wrent ai a parttal taWnp of the Property In which tht fdr m�rket value ot the Prop�ty
<br /> Imrrwdiately b�tore the takinp la equad to or yrenter than the amount of the sums aecured by this Security Inalrument Immedint�ly bdora tha
<br /> taWnp, uniess Bortower and Landet othe�wise�yre�k► wdtinq,the sums secured by this Sacuiity Inetrument siu�lt b�nducad by ths amount
<br /> of the proceeds muBipliod by the ToYowinp fraellon: (a) the totai amount of the auma secured ImmedqUely beion the taking,divlded by(b)the
<br /> tak mark�t value ot lhe Properry immedlately belore 4hQ Uking.My balance shall be p�id to Borrowa�. In the went of a partial taking of tha
<br /> Property in whioh tho i�M market vdue of the Propaiy Immediately before the takinp is leaa than tha amant of the eums a�curad knm�diatNy =
<br /> before the teklny. un�eas 8ortawer�nd Lend�r otherwia�agree In writing or unlesa appifubla I�w olhtrnlae provldes,the proceeds shaY tie '�-
<br /> applied to the sums aecured by thit Security Inatrument whether or not ths aums are then due.
<br /> If the Property la abandonQd by Borrower,or if,after notice by Lendx to Bortower that the aondemnor oflers to m�ke�n award or a�itte .
<br /> a clwlm tor damapes, Bortoww lalls to respond to Lender within 30 days�fter lhe dwte the notics(a yiven, Lmder Is author(zed to coNect and �'
<br /> rpp(y ih•pruwrdi�, �it It6 O�UOi,aflhar ta t�Morst{on or rcpalr ot!he Properhj or to the eum*Rr!!a�rwd by thls s�curky tnstrument.wh�thK ,
<br /> or not then due.
<br /> Untesa Lendsr and BoROwer otherwise apree in writin9, any appAcatlon of proceeds to princlpal ahall not �ct�nd or postporn the du�
<br /> data of the monthly payments referred to In peragraphs i and 2 or chanye the amount oi suoh payment:. _.
<br /> 11. Borrowor Not Rdasaed: ForboarAnca By l.ondor Not a Waivar. Extenslon of the time tor payment or
<br /> modmcation of amortizadon of the sums secured by thia Security Instrument qranted by Lender to any aucceaeor h intKeat oi BoROwer sh�U
<br /> not opente to re�eaae the Il�bility of the orfylnal Borrower or Borrower's successors In Interest. Lendw shaM not be requked to commence -`'�'�,
<br /> proceedinys �yalnst any aueeeaaor in Interest or refuse to extend time for poyment or otherwiae madify�mortizatbn of the aums aeeured by _-
<br /> ' this Seeurity InsUUment by reason oi any demand made by the originai 8orrower or Borrower's successora In intQrest. My forbearnnce by
<br /> � Lender in exercising any right or remedy shah not be a weiver of or preciude the exercise of any right or ramedy.
<br /> 12. Succoa�ors and Asatgns Bound; Joint and Sovorat Liabiiity; Casigners. The covenants �nd aqre.m.nts ot
<br /> thla Security Insttument shall bind and beneFt the successors and aseipns of Lender and Borrower, subject to ihe provlsions of pantgraph i
<br /> 17. Bortower's coven�nts and egreements sheil be jolnt and severd. Any Bortower who co•signs this Sewrity inatrument but do�a �ot
<br /> execute the Note: (a) is co-signing this Secudty�nslrument oniy to moAgage,grant.and canvey that Bortower'a interest In the Property under �
<br /> the terms of this Secur(ty Instrument; (b)is not personaNy obllyated to pay the sums secured by this Securiry Instrument and (c) eyrees ihat
<br /> Lender and any other Borrower may agree to extend, modity, forbear or make any accommodations wNh repard to terms of this Secudty �
<br /> �nstrument or the Note without that Bortower'a conaent.
<br /> 13. Loan ChYYges. If the�oan secured by this Security Instruma�t Is subject to e law which sets maximum loan eherqes,and that ,
<br /> Iaw is finatly Interpreted so that the Interest or other ben cherges collected or to be collected In con�ecG�n with the Ioan exceed the �
<br /> pertnitted Ilmits, then; (a)any such loan charges shall be reduced by the amount necessary to reduce Ihe cherge to ihe permilted Nmit; and �
<br /> (b) eny sums already collected trom Bortower whkh exceeded permitted Ilmits wiN be refunded to Bortower. lender may choose to meke r
<br /> this retund by reducfng the principol owed under the Note or by making a direct payment to Bortower. It A retund reduces prinGpat, the
<br /> reductlon wlil be treated�s a partlal prepayment without any prepayment charge under tho Note.
<br /> 14. NOtiCYB. Any notice to Bwrower provided for fn this Security Instrument shall be given by deliveflng it or by malling % by Tirst
<br /> ', ctass mall unless oppiicabie law requtres use ot another methad. The notice shall be direcled to the Proper;y •lddress or any other address
<br /> Bortower dealqnates by notice to Lender. My �olice to Lender shall be given by first class mail to Lender'. address stated herein or any
<br /> other address Lender designates by �otice to Borrower. Any �otice provided fw In ihis Security InstNment shall be deemed to have been
<br /> yiven to Borrower or Lender when given as provided In Ihis paragraph.
<br /> 15. Governin� Law; Sev@�pbility. This Security Instrument shatl be governed by federal law and Ihe Iaw of the Jurisdiction in
<br /> which the Property Is iocated. In the event that any provision or clause of ihis Security Instrument or Ihe Note conilicts with appliceble law. �
<br /> auch conflict shaN not attect other provisians ot this Secunry Instrument or the Note which can be given eflect wfthout the contlictiny
<br /> � provislon. To this end the provisions of this Securiry Instrument and the Note are declared lo be severoble.
<br /> 16. Borrower's Copy. Borrower shali be given one conformed copy of the Note and of Ihis Securiry �nsirument.
<br /> 17. Transfor of tho P�operty or a Baneficial Interest in Bo�rowo�. II all or any part ol the Property or any interest In
<br /> i It Is sold or trensterrad (or if a beneficial inlerest in Borcower is sold or transferred and Bortower Is not a natural persun) without Lender's
<br /> prlor written consent. Lender may,at its optlon, require immediate payment In full ot ali sums eecured by this Security Instrument. Hawaver.
<br /> _�. .o__..:..
<br /> � tnis option snaii noi oe exercised'oy �encier ii r�cCw�ad i5 FiiOiuuiiiv`vy icu'8�d�iun u5 v�iuc vo.v v� uua.xou�aj owuu�-a....
<br /> If Lender exerclses thfs option. Lender shml give Bortower notice o(acceleratfon The notice shall provide a perlod ot not�ess than 30
<br /> � days trom tha date the notice Is delivered or malled wdhin which the Borrower must pay aN sums secured by thia Securily Instrument- H
<br /> � Bortower faNS to pay these sums prior to the expiration of this penod. Lender may invoke any remedies perrmlted by this Security Instrument
<br /> ,� wlthout turther notice or demand on Bortower.
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<br /> � F1079.LM6(9fl31
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