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<br /> :��...:. ...;,_., _.. . , � i�D�itl��
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<br /> ,. - .. " R �i et the ai'Lender.Df moitga�o tns!uai►ne cavera�g�a(M tbe�aunt t�rA far�t�e parpod
<br /> �w"ii�iC°'.ujl�t0�43laLS�9 3'C�L-�. � �� � _ °_
<br /> , t1�t Lender nq,�res)provt�d py aa mauc�r e�pQrnvad by L�►del�gain becomss avatta6b eaB!s obtai�ad.Ba�er�11 p►y tl�e —__--
<br /> ° pseminms rcquired w maintain martp,ago insurenEw in ef�'aca.or to paovtda a toss reserva, nntll ihe noq�lrement far ma�tgaga =�:_
<br /> msmnnoe a�ds in a�oocdanoe whh any arcittai a�t baweas Hon�u�a�ad Lendcr a�ppl9abie I�w. --
<br /> 9.Imapsctbn. Lr,�drs ar its ageat rt�sy mat�e reasonable asMes up9n end lnspoc�tlflns of 1be Prnp�aty.La�ei�tl glva - -
<br /> Hoaowa n�ioe at tt�e timx of��iar to ea�pac8on spocitylag resmaabb puee fos t�e i�ecii��. c= --
<br /> 10.Condemnatbn. 'ltie prooceds of any nn�d or c�im far d�unages.dlrect a oon�e9umdal.in oDnnecSa�wlth�ny
<br /> .� . oondeatnatiou or other tsmag of eny patt of tltu Ptopaty.a for cot�veye�ia lku of martdtmnados�.eto hercby essl8t�cd�ad --
<br /> - . �- sht�ll ba p�id to Ireadu.
<br /> In the eveat of a ta�l asting of du Pmpeaty,the�xooeads stmll be appliod to dtie su�ns socarcd bY thts Sacaul�►Ins�t, - —
<br /> , ., ahe�her or not thea d�.arbh eay exoes�paid to Bamowa.Ia dm aveat of a patdsl taldn8 of the Prro�ty ln which tLe fair ma�cet --
<br /> •.. valaea��the Aropeny�nmediately befae tbe tat�ing!s oqusl to or�oamr thsa tbe arauunt of dta smas s�by�bla Sxurity - ___
<br /> d�s�c�s immediately before t�ee�in8.nnless Bo�roava and Leader otbasv�se a�ee jn wddn8�tbe sums secm�d by thio -_-- _
<br /> 5am,;cnr�y II�ent shall he��y dne amoimt o f t h c 3 p m o�o d s m W d p l i e d b y t b o f o I l o w i n g f a c t t�:(8)t b a t o t a l e m o u n t o f -
<br /> �b,a smoea��,�nmafl i��ia�y 0effoa�th� �.divldeQ by N)We fuir nnarkci vN�e of t4a Piropert,y I�ma�iatel�+befara tho —
<br /> �ag.Ae�y�9a s6'�al�t➢�e�on�¢�n]B�erea.H�c�e evemt of a paNal talc�a'g�tE�e Prcperty ia ahicd t�a ffa�m�ad�et vatue af tba _-:__
<br /> �,� im�d►edia3e➢y befoie tlesa �8 ns 12s� at� the amount of tho suxos s�c�ued im=nediatetY Q�&�dt�r��.aaie� _ -
<br /> �atea��r a�ul Lender oihexa9se c�s fln tv�r+q��r a�aless�gl'ecebls law m�wBse�vE�es.the�roo�s�ll ibe���a d�e =_�:�_
<br /> .. . s�nrs�wed by this Se�auity 1a�n�t cv�er aa not ttrt2 s+r�ms�ra ttr�dara. ��%::�:°;--
<br /> au
<br /> E9 �he Property is ab�tdcned mY Boatmw�r.�r if.aftea t�c�y I�6ez to B�nnv�r�e�t tl�o��¢�s(w m�en =;,:;i;,._F..
<br /> award or senie a clgim for damages,Bctts�wes tr�Os to nsgcn�¢o L.���c�rio➢nin 3D dgys�r t�a a9�2 td�s unmteaz is�v�m,laamC� ' •
<br /> is aae�eo col➢x�t aad a�ply tha ptoceeds,at its t�prion,e�tt�to t�aa�r a�i��'tbe l�i�ty�rt tu v�e s�s� -
<br /> . by otiis Seaaity Iuswmeat,wheilhtea�er not dteA due.
<br /> Qlnless Lzader and Bornnwe�ml+esaise agre�m wridng,�ny application of pmo�.c a�a p�xi�clg�1 shall noL e��aa�2 .
<br /> the due date of the monihly paymea�ts mferred w in pareg�aphs Il and 2 or change the amowaae�,f such payme�ts. � �,; ,�
<br /> 11.Borro�r Not ReleasM;Forbearance�3y I.euder Not n�VVs�ar. fEnt�sion of the wae for p�ya�nt or me�2iifit�tiaW . �
<br /> of amortaation of the simns s�ocuned by this Ser.��ari Ins�ument grauted by A.r�n�m eny s¢ooessor ia�of��ma�shaLl
<br /> s
<br /> aoi operate w release the liab�7ity of the o:igauil� Bomowea or ffio:mwer's�uv�sors in interest J.eAd�s�aall not�e IIeo�alred to „
<br /> om�r��RCe v�d�&4��y�in inoeresc or reEa�w exceud cime for payae�anc�r oihe�wise modifY am�of
<br /> ths ssn�;socwred by d�is Securi3y:P,r�s'trument by�sson off ang+'Qxanand ma�e oy the orip,u0007�w�or B�w�r's su� „
<br /> in an[Qa�st.Aay fQ�Erearance by�n�l�ia ex�rcisn�,q any right er maaody sh�l e�oi be a waiver of or pteclade the eu�se of aay
<br /> �to��y. �.
<br /> � 1�.Succe��s��dt A��on�d;Joint and Several Liabil�tyi C��The ooveaaaffi and a�ts of this .. ,,
<br /> .. ' ;�:,,. ..
<br /> Ser�ric�, Instrmnent shaii bimd �ued �enefit the successais and assigns of Leader and �aaiuower.subjact w the pmvjsIons of ,. u,,.�.:.+
<br /> � �� � paragaagh 17. Borrower's covemaQ¢s and agreeemments shall be joint and seveial. My �srower who oo-sigos tt�is Socurily "y'
<br /> ag c
<br /> Insuumeat but does not execute the Note:(a)is co-signing tdis Securiry InsaumeAt only to mortgage.�ant aad convey that .• .,.,.
<br /> Bonower's interest in the Propercy under the terms of this Seauicy Insaumenx N)is not personaliy obligated tn pay the stm►s
<br /> secured by this Security Insl�umen�aad(c)agrees that L.ender and any other Borrower may ag�ee w eatend,madifY.fotbear or
<br /> croatce a�y�commodations with regard to the terms of dus Security Insonunent or the Note without thei Bomower's c�ot�t •. ..
<br /> Il3�.i.aan Charges. 1f the loan secured by this Security Insavmeat is sub,jest to a!aw ahich sets ma�cimum loan cltar8es.
<br /> and that 1aw is finally inte�preted so that the interest or other toan ciierge�s vollected or w be coUeded in connectlon w�th the loan
<br /> . eace�ed the�ermitted limits,then: (a)aaY such loan charBe shall be reduced by the amount nocessary tp reduce the charge W the
<br /> permitted limix and(b)any suros already colleaed fiom Borrower which exceeded permilred limits wiDIl be refimdod to Barroaer. _
<br /> Lender may choose to make dus refund by reducing the princi�al owed under the Note or by ma�$a diroct p�yment to , .
<br /> Bozrower. If a refand reduces principal, the neduction will be ueated as a partial PrePa���►t without anY P�pay��t charge
<br /> uuder the Note.
<br /> 14.Notices. F�ny notice to Borrower provi�ed for in this Security Insuumeat shall be given by�e➢iveaong nt�r U�y mailing it ,
<br /> by fust class mail unless applicable law requires use of another method.The notice shall be directed t,�t9aE Pr�pearty Addness or � .. .
<br /> any other address Borrower designates by noace to I.ender.Any notice to I.ender st�all be given by fust class maid to Leteder's
<br /> aa�xs stated herein or any other address Lender designaces by notice to Borrower. My notice provided for in c1�i�Sec�uity � ,
<br /> Inse�c��eent shall be deemed to hac�e been given to Borrower or II.ender when given as provided in this parag�aph. I '
<br /> I5.Governing Law;Severamility. This Security Insuumem sha11 be 8ovemefl by fedecal law and the law of the
<br /> jurisdiction in which the Property is Iocated• In the event that any provision or clause of this Security Instrument or the Note i "�
<br /> contlicts with appGcable law,sucfi contlict shall not affect other provisions of this Securiry Instrument or the Note which can be '
<br /> gdb�effect without the carnPlccce�a�provision.To this end the provisions of this Securiry Insuurt►ent and the Note are declared to � •,-;`:.
<br /> , •
<br /> tse s�:�•erable. , �' ,'
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