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<br /> ;...� �,�� ���� _�.,�._-_--
<br /> --' ���' '.�';''{�,; Borrowa rt�y auro auoh� detauR �nd relr►stete, as provided in pirapraph 18, by causfnn the actka� a p to M
<br /> 't��,�� :�,.;.r
<br /> :;,;f�.,�;`r�,��;�� dsmbs�d with a ruNnp ihN,In I.�rtd�r's qood IaKh Qatermh�tton,preetudaa torto!ture o1 the Borrawcr'a intrnat h tho fkc�ty or
<br /> ""'�"'° oltoa matedeJ kn�4mont ot the Ren created by thl� 8ecutlly Inetrumcnt or LMder'e securNy htera�t. 8ortow�t ehaM�so bs N �_T,�_
<br /> � '`'�'"`"�'��'`'' defiuM il8anower,duttng tha Iotn�ppHaatton proceaa,gare m�terl�tty tslso w in�ccunte IntomsaUon a sutartwntt to t�nd�r(a —
<br /> :'.:=Wr^`•� � :^ ' kqed td provld� L�rtder witA any msieriM Miermatlon) In eonneciton with ths lofut eridertced by the Nato,(ndud(np, but not �'�.````-—
<br /> W�ited to, npresentattona conceminp BortowePa acn�partcy oi tho Prope�ty aa s pflnclpal resides�ea. tl ihis Sacurfty =,�
<br /> • . " � �� InsUument ta on a leeaahald,Berrowe� sha0 aomyly wilh�tl tha provistona of the lease. 118arrower�cquYe�tae l�J�to th� _____
<br /> " P�opaty,the Iotsehold nnd the teo til18 ehat!not mcrgo uNesa Lender agrcos to tha mergtr(n wrGng. - - -
<br /> . ° 7. Probatloe o?L�ndor'a R1�Ms in th� PropeRy.n aorrower fails to peAorm tha coran�r►ta ond eprstement� �"�"°�--
<br /> • � � ConUhqd In thts 8eaitity Inatrumen�or tharo Is a logaf procoeding thst may elyrt�ltcanty atted Lertder'e dQhta In du wrap�rly
<br /> , , . (cuct►ao o proC;:�ng GI ban:wpicy.pr�D�te,far cnndemnat�on or toAP{ture ar to entorce L�ws or lstRona).then t�eder m�y �.��`-'•�'=""�=�`_�'
<br /> � �,'`--�-
<br /> „ � do�nd pay 1pr whetevar(a�eoesaery to proteet the vatue ot tha Property and Lender's dnhte(n the Properly. Lenders acibnt __ -_--
<br /> = may(rtotude p�yfng eny sums oeaumd by a aem which hss pdortry over this 8acudty Insiniment, appearinp tn caat. PM�O -w�:e«^v--�-----
<br /> .,�.-..-a-•_ _
<br /> � raasonaDle attomoya'toos and onteAnp on the Propeny to make repaha.Althouph Lander m�y take aettoa under this p�rapreph �s,t• F°:::.-
<br /> � � 7.Lender does not hevo to do so. . . �����—
<br /> My amourte dlaburaed I�r lender under paragraph 7 ohall become addiGonat debt of Borrower seeured by thb Se�udry .. ���'�'�
<br /> . i"�-��cc1i4.X'��'—.
<br /> , , InaUurttent Unleas Bas�eu atr�lertder agree to other terms o! payment, theso amourds shnU bear intemst trom the d�te of � .;,�_,�;:�4y.;_�.
<br /> dtsbu�s�t at the�tc:a rtQ cssd bf.�k.�gs�abla,wfth Nterest,upon no.ice trom Lender to Borrower re¢u�stUp payrn�t c�� _ '.'..� �•°y,�. '
<br /> '� 8. MOl't�� QmiG4eumct�m. f�acxs+me.e cequlred mortgaga Insur�rtce gs e conditlon oi maMng t3,o toan aec�rad by thla t . �,�:`%r�' ' , '� �' �
<br /> SCwrUy Instrurte�n2.13aaorree stq�q pay t?se premtums requ7ed to mainta[re the moRg(ya�s tar.suranee(n etfec4.11.tor any reneon,the �-'".";':�`�.f �
<br /> D �i... ..wl�]:, •..:
<br /> , � mortgage tnsuramx+ocu¢ra�2 r.equired by Lender Iapsea or ceases to tre i� �tecL Bcarmmec ahail pay the ptemlums re�yvL�to ,<:��U{.,�'?��:_;:
<br /> ��'--
<br /> obtatn eoverego guu�ntfalt�r equivalent to the mortgage Nsurance previausty in¢Hed.+at e wst substsntfaaily equlva'r�rr.it W�a :.�`.�;w,-,_
<br /> .. aast to Barrarces ot the mortgage Maurance prerlousiy N eNeet. !rom on r�[ta�eate martgage tnsurer epproved by le��. li -�•:.f:`�:�F�r-m
<br /> aubatantlatly 2q�l�a:ar►! moRgage inaurance eoverage is �ot ava�able.Berrcwr�v aPra[I Ray to Lender each month a ssim equat to ? ..•� :'� . .
<br /> a a �-
<br /> onalweiRh oY ttte yearfy mortgage Insuranee premium being patd by 8o�row�r when Use tnsumnce eoverage lapaed a ceaaed to :?��.;�
<br /> Ite h efleot. Lender will accep� use and retaln these payrtteMS as a tass rrCsene!n C•zu�i mortgage insurenee. i.oss �esefve '`���`�'
<br /> ' nts no longer be ired,at the o tton ot Lender, if mon a e insuranee oorera a(in the amount end Tor the e od i.�;� �^`�'-i -
<br /> PaYme maY reW P 9 � J � . �� -
<br /> •�F Y�?i• " that Lender requir�es)provided by an tnsurer approved by Lender again kzcc�mes ara�a6la mnd is obtained. Borrower s0et pay R ti��;i� g��; r�-�-
<br /> � ihe premiums oequired to maintaln mortgaQa msurance tn eHed,or to proride a Iass�eserve,unUi lhe requirement ta rtiort ge r,, y. ,,r<:s�-,
<br /> S$ "'�k�r�: ,�.•-... ,;.
<br /> insurente enda in accordence with any vrritien agreement between Bortower and lender er applicab:e law. • �_ +' 2'•=��-'`
<br /> , 8. IOSp6CtlOn. lend�ar its agenY may make reasonable enUies upare and inspections ot the Properry. Lender shaU gfve ..�='-�''��=_
<br /> , ,'" Bortower noUoe et the time o4 or prfor to an InspecUon specifying reasonab�e eause tor the inspectlon. . 't�-
<br /> 10. Condemnation.The proceeds ot any awa�d or deim tor demages, direct or consequenUai, fn eonnection wfth arry • -•.
<br /> � condemnation or other taking of any paA of the Property,or tor comeyance(n lieu of condemnaUon,are hereby esaigned and ,��
<br /> ' shaq be pald to Lender.
<br /> ' In the ev�t of e total tak(ng ot the Property, the proceeds s�alt be appiied to the sums aewred by this Seairily
<br /> instrumerrt,whether Or not then due,wlth any excess pald to Borrower. In the event of a partial taktng of the Propaty in which �
<br /> ' _,� ..�_ ___ __ the fetr market veluo of the Property dnmediatety betore the taking is equal to or greater than the amount ot the sums aecured �� • ' °
<br /> .-- -- .. • .�
<br /> by this 3ecutity Inatrument tmmediately betae the tak3ng, untess BoROwer and Lender othervvise agree in wr(tirtg,the sums «��>r,
<br /> �.' ' secured by this 3ecurfly Instrtcment shaU be reduced by the amount ot the proceeds multipifed by the toUowing tracUon: (a) the "�a, ,; .
<br /> � r....t, _
<br /> �,:�."i:;::',,;;' ' ,.�•
<br /> • �;�r. , ,,,. to4a1 amount ot the sums s¢^cured immedatey before the taacing,divided by {b)the!a'v merfcet value oi the Property immediately ",'S?i:�;t,. �y . .
<br /> �'�•,;{:' betore the taic7eg.My balance sQ�all ba paic2 to 9cROwer.h the event ot A c�aAial taking oi the Property fn which ihe tair market ,t«� � ': ��'rtr +;
<br /> '��.�t�f V8hle ot the Property fmmediately before tn�ta'�mg is less than the amocn8 at the sums secured immediatelyr before the taidng, .- �:
<br /> unless Borrower end Lender olherwise agree tn writtng or unless appficab�e Iaw othcnwise provides, the proeeeds sheil be ,'��4+��`,%�'. +' }
<br /> '" appped to the sums aecured by thfs Security Instrument whether or not the sums are then due. ������� ,�
<br /> It the Property Is ebendoned by Bortower. or H, after notice by Lender to BoROwer thet the condemnor oHers to make an r'�Y•'
<br /> , -.'�.
<br /> �.'4 award or settle a claim tor damages, Borrower feils to respond to Lender within 30 days aher the date the notice is gNen. , F, '.
<br /> � Lender Is authoriaed to couect and appiy the proceeds,at its option. enhzr to restoraUon or repa(r of the Property or to the . ...'�, �
<br /> !�� sums secured by this Security Inswment,whether or not ihen due. ' .
<br /> •^��',t' ! �1� Uniess Lender and Bortower otherwise agree in writing, any appllcatlon of proceeds to pdndpal shell not extend or ��''�=••..`
<br /> y i;:: ,'.:°� p a s t p o n e t h e d u e d a t e ot the month y p a y ments referted l0 3n p ara gra phs 1 and 2 or chan ge the amount ot such payrt:��rtts. ;��`��
<br /> ��;�:'.�"•;�.�. ��� 11. Borrower No3 ff��8eased; Forbearance�tv Lender Not a Waiv�r. Extenslon of the ttme for pa�r�ent or '.'��'`�;�,:�r�
<br /> %,'�rV'��'� .t;,';� modficadon of amoRizeUon ot the sums seccred by lhis SecuMy Instrument grented by lender to eny successa in bfterest of '"a� •� • �
<br /> . �;,�,• ,r�'Y.r.� -
<br /> ,t Bortower shatl not operate to reiease the Ilability o1 the a�ginal 8orrower o* Horrower's successors in interest. lender shafl not ,:;._
<br /> .r.�;:,
<br /> be required to commence proceedings agamst any suscessor !n interest or refuse to extend Ume for peyment a othetwise i �,�JRs��
<br /> moddy amoRimtion of the sums secured by lhis Security�nslrument by reason cf eny demnnd made by the originai Bomower or '���
<br /> Barrower's successors in interest. My torbearance by:enqer in exercising any �gM or remedy shali not tre a waiver o} u � ?',�; ;c. ' �^'
<br /> preciude the exercise ot any nflhi or remedY• � .'%r:,,%' " �
<br /> 12. Successors t�eed Assigns 8ound; Joir�t and Severa l Ua b i lity; Co-signers. The covmants and �
<br /> egreements m!9his Securitir Instrument shall bind and beneGt the successcrs and assigns of Lender and Bortower,subJed to the �
<br /> provisfons o!�taragraph 17. 6orrower's covenants and agreements shal;be jo�nt and several. My Bortower who Casigns this j
<br /> ��� 5ecurity Insttument but does not execute the Note: (a) is co-sipning Ihis Secunty Instr�:�ent oniy to mortgage,grant end convey ` �„
<br /> i�5`..� c^at Borrower's Interest ia ine Property under the terms oi ih�s Searity Instrument. ;�, is not personaiy ob8gated to pay the ' �
<br /> j,��•� sums seCUred by th(s Securily InsUUmenL• and (c) agraes that Lender and any other Borrower may agree to ettten�', modi(y. i '
<br /> � iorbear or mafce any accommodatans with regard to the t�rms ot tnis Security �nstrument or the Note wfthout that Barrower's
<br /> . .� cansent.
<br /> • S 13. Loa11 Cha�geS. Ii the loan secured by t:�;s Security I�st;:ment is subject to a Iaw which sets me�dmum loan
<br /> �6�arges,and that�aw Is finally interpreted so that the �n;er�st or other loan charges collected or to be coilected in cortnection
<br /> arith the Ioan exc�ed the pertnitted limits. then: (a) an;r s��- ioan charge shaM be reduced by the amount necessa.y ta reduce
<br /> ihe charge to the petmitted timit; and (b)any sums axeady collected irom Borrower which exceeded permitted fuRi:s w�ll be
<br /> retunded La On�ower. Lender may choose to make this retund by �eCu:�^g the pnncipai owed under She Note or by mak(ng a
<br /> �rect pa}r-.en2 Lo Bortower. Ii a retund reduces prinapal. the reauc•_�� �.li be treated as a pa^:a: prepaymeret wfthout any
<br /> �repaymertt charge under the Note.
<br /> 74. NOtdC88.Any natice to Borrower provided fcr� !h�s Scanty Instrument sna`:5e qiven by tlHivering it�7 t;r mailing R
<br /> by first dass mal uniess appliCable law requires use of a-�:-er method The not�ce sr:; be directed to the Pre�a<1'�j 43dress
<br /> � or eny other address Borrower designates by not�ce ro��:.7ec Any noUCe to LendEr shall be given by first d�s mail to
<br /> Lender's adQress stat¢C herein or any olher address Ler.aer designa;es by notice to Bortower. My�otiCe provid¢d tCt N this
<br /> ,i SeCUrity insitument slta't be deemed to have been g�ven l0 6ortoxer o- Lender when grven as provided in this pardgraDh•
<br /> 15. t3GVpvc�iet� �w; SeverabUity. Tn�s sewnty insrn,�:ent sna,i be ga.amed by federal iaw and ti�e law ot the �
<br /> jurisdiWon fn whlch ��e Property is Iocated In the event that any pro+.s�on or dause of this Security Instrumeni or the Note
<br /> , Con�cts with appficable law. such conftid shall not aHecl other pro��s.or.s ot th�s Secunry Instrumen!or the t�ote wh�ch can be
<br /> gNen etted wfthout the conflicting provision To th�s end Ihe prov�s�ons af th�s Secunry instn,ment and the Note are dedared to
<br /> � be severable.
<br /> 16. BOirOW@!'8 COpy. Bottower shall be gnen one contom�ed copy of the Note and of th�s Security Instrument.
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