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<br /> � `�` .•``":�=c� � ' Bom�wer rtMy ouro auch � deb�uM and rainstab, aa provklad In WnpnPb 18. by aaunlnq th�acUon ar proa�edlnp to b�
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<br /> - ': dlsr�rasod wlth a n�tlnp thet,(n Lender's Qood taRh determinaUon,preotudes fode(Wro o?the 8otrawePe ht�►eat k►the Prop�Ay a c _ . . _._..
<br /> "� othcT muterlal ImpahmEnt r�f tho Qen croated by thie 8eoudty Inatrument or Lenda'e eaeudty Interost. 8orrower sfi�U also be In (D �.__� Ry, _
<br /> f delaMft It Bonower,dudnp the loan appllaUon proaess,yeve matalaity 4alae or ineacurete IntonnaUon a statanents to LwidK(ot � _ r,_�__
<br /> -��` " `. ' ' hil�d to proNde Lander wlth my mat�rW Ndormt4lon)In conneotlon with the loan �widenoed by the Note, inc�udinp. but not
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<br /> . .. • �� Iimltod to. ropneentatlone oonc�minp 8arowere ooaupu�ay ot the Praperty aa a prinotpa� rosidmc�. tt thb 8�aurlty � � �- ---- ° - -
<br /> ��� . Inatrument le on� leaaehotd, Bar►awer ahaq compy wllh aq the provtetona of the leaee. It BaROw�anquin� tw tltl�tc th� �-.�;_,;;�c___
<br /> � � . Prop�riy�the feaanAold and the tao tftle ahaN nM merQe unleas `ende►�groes to tho marger tn w►Itinp. L_ --_----_-_—
<br /> 7.P�at�atlon of I.�nd�r's Riphb tn th�Propa�iy.tt Bor►ower tana to perform the coven�nU and a0n�mnu .,�,,,_
<br /> . conialned In thla Saeurity Instrument. orthero is a tepol proaaedktp that m4y slyn(flcanfry attcct Lcndcr'a dphta tn the Properry � '� �`--� '
<br /> ` „ , euah as a rooeedln In banWu �r� � „
<br /> ( p p ptay.probate,tor oondemn�tloa o►to►tekuro or to entoroe laws or repuktions),thtn L�ndu nwy
<br /> ° do�nd • for wh�tever le neceaeuy to rotect the v�Ne of the Properly�nd Lender'e�I hts M the Prop�rly. ��nd�t's toUota '�_ :"�`��'• �
<br /> • P Y P O !••..'��,r'.�sn.y�mr�:_
<br /> may tnch�de payinp eny oume e�eeurecl by A Qen which hae pdorily over th�e Security Instrument, aRparinp in coart,P�yk�o Y
<br /> .
<br /> . roasonebie attomoye'teea tnd sntertng on the PropeAy to mako repalra.Althouph Lender nay ttke aotlon undK thla p�npraph �.��'�t,�>�_
<br /> • 7,Lender doaa not hevo to doso. • �, �,t:�`� '�:`
<br /> . • My amaunts disburoed by Lender unde� peregraph 7 ehnll beaome addlUonal debt of BoROwer eeourad by this 8�cudty ' ' '" _
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<br /> • InsUvment. Untes�s 8orrower and lenda egroe to other tcrtns of paymart, theae amounta shall bear lnterest lrom the datte of .;, •
<br /> dlabureemen!at the Note�ate end ehatl be payabie,wfth intereat,upon noUae trom Lender to Boaower roqueaUnp paymant •';t;`°.�'�.'
<br /> ' 8. Mortgage tnsu►�11CO, If Lander requlred mortgmga Insurence as a conditlon ot meMng the toan eeourod by thia • '-
<br /> 9ecurtty inatrument, Bortower ehall pay the premtuma required to maintain the mortgape inaurance in etteat.It,for any reaaon,the ` � � 4�,��`1:t_ , �
<br /> mortgage Insuranae covetage required by Lender lepses or eeasea to be in eiteat, Bortower ehell pay tAo premiums�equlred to
<br /> obtaln coverage substendaUy equivatent to the martgage Mauranae prerlousy in etteat,at a coat eubatantlnty equNateryt to the � •,��;..,•=..,^
<br /> coat to BoROwer of the mortgage Insuranee prevlouey in ei(ect, hom an aRemate mortgage Inaurer approved by Leeder. 8 ` ��++�°'°�
<br /> eubatantialy equNaient mortgape Insurance coverege is not avaiiab�e, Borrower shail pay to lender�aoh month a sum equsi to ,.:s�_;`�._��
<br /> - � �� - ont-tM�elfth ot the yeerly m�rt!Mnn Unuranae premlum being patd by Bortower when the insurence cAVerage Inpsed or eeased to � __ _ ��_
<br /> be in etfoot. Lender will acoept. usa and �ain theae payments as a�oas reserve In Aeu of mortgage insurance. loas resene .����
<br /> paymonta may no�onger be required, at the option of Lender, M moR a e insurence covemge pn tha emount snd tor the pertod ,��
<br /> 9 9 ,; ,�° . ,
<br /> that Lender requlres) provided by an Insurer approved by Lender again becomes avatlab�e and ia obtalned. BoROwar shnA pay .. � � : ��
<br /> ' , the premiuma required to maintain mortgage Insuranae in eflect.or to provide a Ioss reaerve, untli the►equirement tor moRgage �.,r�,.��
<br /> � � • insuranoe ends in accordence wrih any w�itten agreememt belween Borrower and Lender or applicab�e lew. .
<br /> 8. II18p8Ctlon.Lender or fts agent may meke reasonabie entries upon and inspeatlons ot the PropaRy. Lender ahall ghre • •• ,,� `
<br /> � 8ortower noUee at the Ume ot o�pdor to an InspeoUon speclying reasonabie cause tor the tnapection. , �.
<br /> 10. COndemnBtlOn.The proceads ot any award a clalm for damages,dlreat or conaequentlai, in connedion wkh any . . �;^,�
<br /> " oondenu�adon or other taking of any peR ot the Propary, or for conveyance in Ileu of aondemnadon,are hereby asaigned and �e�•�
<br /> ahall be paid to Lender. ��,
<br /> � in the event ot a total taking of the Property, the proceeds ahail be applled to the eums secured by this 9ecu►ity ,S :�
<br /> Innirumbni,whbti�m ot�lot ihen due, with any exCSo�patd to 9ortotiter. In the event �}a Qartlal teking of the Property in whlCh _ „_,_� .��
<br /> t h e f a l r m e r t c e t v a l u e o t t h e P ro p e i t y I m m e d i e t a l y b e f o re t h e t a k i n g i s e qual to or greater than the umount of the sums seeured � �t �
<br /> by thia 3ecurity Instrument immediatey before the taking, uniess Barcower and Lender otherwise agree in writtng, the eums ` ' ,f '� 1
<br /> secured by this 3eeurlty Instrument shal be reduced by the amount of the proceeds mulNplled by the totiowing fracdon: (ea the i �'• �` �
<br /> totel amount of the sums seared immedlately before the taking,divided by�)the fair ma�lcet value of the Property tmrt�ediately i "�� ' j
<br /> . ,.- ,
<br /> betore the taking.My baience shaq be paid to BoROwer.In the event ot a psrtlai taking of the Property in which the fair market � f��• �'!;
<br /> �•... _r•�� o,,, �„��.��s�er Ed�,e�ha 1w4in� la laaa �hwn the amount of the suma secured immedleteiy befae the teking, � �_�,�y�_,�
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<br /> untess Borrower and Lender otherwiso agree in writing or unless applicab�e Iaw otherwise provides, the proaeeda ahali be I : f 'i•
<br /> appiled to the sums eecured by thls 3eeurtty Instrument whelher or not the sums are then due. �,��'�
<br /> :; If the Property is abandoned by BoROwer, or H, after notice by Lender to Borrower that the candemnor otfere to make en .•;�'+�'`',�
<br /> award or sett�e a ctaim for damages, Bortower falis to reapond to Lender within 30 days after the date the notice is given, •s °, •�
<br /> • � Lender ia authorized to colied and appy the proceeds, at ks option, efther to reatoreUon or repair of the Propedy or to the �
<br /> ' suma secured b thia 3ecu�i Inettument, whether or not then due. • �
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<br /> Un�ess Lender and Bortower otherwlae agree in writlng. any appllcaUon of proceeds to prindpai shali not exlend or ,!v�
<br /> postpone the due date of the monthy payments reterted to h peregraphs 1 and 2 or change the amount ot suoh peyrnents. i :� .
<br /> 11. Borrower Not Released; Forbearance By Lender Not e Walver.Extenslon ot the time tor payment or , .
<br /> modHicaUon of amortizatlon of the suma socured by this Securiry Inatrument granted by Lender to any suecessor in intereat oi � �� •
<br />� Borrower shall not operate to raieaso the tlablitty ot the otlginal Bortower or Bonower'e evacpsaera In interest. Lende� shell not �
<br /> be requ�red to commence proeeedings agelnst any successor k► intereat or retuse to extend time tor psyment or othenwise
<br /> modify amortl�oUon of the sums secured by this Seauriry�natrument by reason oi any demand mede by the originat Bortower or
<br /> Bortower's successors In interest. My torbeawnce by Lender In exereising any dght or remedy ehail not be a watver of or
<br /> J prec�ude the exerclse ot any dght or remedy. '
<br /> 12. Suecesaors a�d Assigns Bound; Jolnt and Several Liabiltty; Co-aigners. The covenents end .
<br /> agreements of thla Secuttry Inatrument shall bind end benem the successors and assigna of Lender and BoROwer,subJect to the
<br /> provisiona ot paragraph 17. Borrower's covenanta and egreements shall be Jolnt and severai. My Borcower who co•signs thls
<br /> Security Instrument but does not execute the Note; (a)fs co-slgning this Security Instrument only to mortgage,grant and convey
<br /> thet Borrower's Interest In the Property under the terms of thls Securily Instrument; (b) is not personalty obligated to pay the
<br /> suma secured by thls Secwlty Instrument; and (c)agrees that lender and any other Bortower mey agree to extend,modily,
<br /> torbear or make any accommodatlons wfth regerd to ihe terms ot thls Security Instrument or the Note wRhout that Barower's
<br /> consent.
<br /> � 13. LOan C{tafg68. if the Ioan secured by this Securtty Inatrument is aubJect to a taw which aets meximum �oan
<br /> charges, and that law ia flnay interpreted so that the interest or other Ioan eharges coliected or to be collected in connectim
<br /> wfth the�oan exceed the permitted Iimits, then: (a) eny such �oan cherge shaM bo reduced by the amount necessary to teduce
<br /> : � the charge to the permitted Iimk: and (b) any sums aiready collected trom Borrower which exeeeded pertnitted Iimks wll� be
<br /> � retunded to Borrower. Lender may choose to make this relund by reducing the prinGpal owed under the Note or by making a
<br /> direct payment to Borrower. If e relund reduces princlpaG the reductlon will be treated as a partia� prepayment without eny
<br /> . I prepayment charge under the Note.
<br /> 14. NOtIC98.My noUce to Borrower pravlded tor in thia Securiry�nstrument shell be glven by deilve�ing it or by maiiing ft
<br /> , ; � by flrat cless mali uniess applicable �aw requires use ot another rt�ethod. The notice shait be directed to the Property Address
<br /> _ �... -..:���:� �w�`. A.... n..H_n tn t on�lar aho�� ha nlvan bV fl�3t CI8S8 t17811 t0
<br /> ,' vi Ytty viittll QuViC.7o vV��v�1ct uo0iyi�u�vo �� ��v . -•/ ••� .
<br /> Lender's address atated hereln or eny other address lender deaignetes by�otice to Borrower, Any not�e provided for in this
<br /> Secutity Instrument shall be deemed to have been given to Borrower or Lender when gNen as provided in thls peragraph.
<br /> ' 1$. Cloverntng Law; SeverabiNty. This Secudty Instrument shali be govemed by tedera� lew and the law of the
<br /> � i Jurladlctlon In which the Property Is tocated. In the event that any provlslon or clause ot thla Secutity Inatrument or the Note
<br /> i contllots with appllCable Iaw,such conAlct shali not aHect other provlslons ot ihis Security Instrument or the Note which cen be
<br /> i ; i� glven eHect wRhout the conlYcting proWslon.7o this end the provlslons of this Security Insirument and the Note are dedared to
<br /> � be aeverab�e.
<br /> . I 16. Borrower's Gopy. Borrower sha�l be given one contortned copy of the Note and ot this Security Instrument.
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