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<br /> , ��:��s:�•.�;, 7. �ot��tton of I.�nd�r'� Ripht�In the Property. n eorrow.►klls a partann tns aownL+�s ana.Qr«r.�ncs aonsab+d M
<br /> � . ° . thl�&aur�y Imdum�nt,w lh�n b� leptl prooe�dinp t Nt m�y tlpnYlemly�ft�ot Lend�fe Apht�h Ih�Proy�ty ts�oh as t prac[�dhp In ;`�'^
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<br />�� baekruptap,prabat�,tw aond�mnttbn or tart�Rura ot to cntorc�Vws or�puktbns), the�L.�ndwr mxy do and pay for whatrva b n�c�ssory ••, �••��.;e,;�;q �
<br /> � to ptotoal ths vt�u�of lhs PropeAy and Lmd��riphts h tho Properiy. t„�ndare aotbrro mq Molude Paylno artY bum� a�ceral dy a IMn �� .
<br /> whioh Na�prbrily ov�thla S�eurlly tmaum�nt,appwMp in oourt,psyhp rs�sorubN attom�'s 1»s and«+brhp on IIN Pm�»rty to mak� ` 'i;,`��.
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<br /> • npah. Alho�upA t.MSar nwy tak�aclton undw thht ptrepnph 7. Und�r das not hnv� to do so. ^����"?"'�� ,� � •
<br />� ,,' ,- Mr �mounts di�burt�d by L,�nd�r undK thk panpnpb 7�h�A b�aortN�ddkbnal d�6! ot 9onown aourb by Ihb&eourNy instNmsnt. ��.,ti,��i"'� � '
<br /> Unbss BortcwK and IM�dM�prN to otA�r t«me ot pa�yn�nt,th�s�amount� shtN b�u hterlst hom Iho O�t�ot dbDunonNnt�t thQ Not� ; .
<br /> �� rc�te en� ehnt!be paynbb. e�Rh lnttrpat,upon noUco tram knd�r to 8aao�•rcr rc�uollG�p pays��;,nt. ; . '.:;. "� `'`'
<br />�� „ d. aYlort��ps Inwrmee. It t;�nd�r qquirad rnortp�p� „su►anc� u e condAbn of rritkhp thd loan s�ur�d by thb S�ourN�r ; `,, . ;;';:�xa���
<br /> Instnm�nt,8ortowM eh�N p�y th�p�miunn nquksd to mtlntth lh�moRSap�InsunnCS h �A0ct.1l. tot�ny rason.the neartp�a hsum�e� �' • ,, � -: �,
<br /> covanp� rpulnd by I.mdrr I�ps�a or cNS�s to b�in 1Mect, 6or►owa shtN pq th� pramiums roquired to obUh cavo� wbst�nti�ly � • '
<br />�-� � ' equMNnt to th�moRaps hau�ane�prevbusy h efkct. �t�aost subahnttaiy equlvaMn!to Ne ooat to 8ortow�of th�niortpey�haurano� ".� ��
<br />� priwtously In eMeof�Arom an aRem�ts mortptps(naura epprovcd by lendrr. It eubaUntYtt�r eQuA�ient mortp�pa haur�nce oov�rope b oot •
<br /> E � . aa�abt�. Borrowe►ehaA p�y to lender e�oh month t aum eqaal to onatweKth of ths yaory moRgeps haunne� premlum betnp paW by '
<br />� Borrower wh�n tbe inaur� eove►ap� I�pa�d or cnsed to ba h otba4 Lender wW �ceopl. uso and roah th��raymmts as a bu �•i,, '• �� �
<br />'� . ros� in Y0u at moRp��bsurance. Lou naeive paymenta rtny no bnper be requlrod.tl ihe optbn ot le�dsr, M mort�p�haurencs �
<br /> r ; eoverps (h�h��unount and tor ths period tAat Lereder requiresy provlded by an Msurer epm�ovad by Lender apab beoame�s avaN�ble and b .
<br /> G obinfMd. Borcower eMM p�y tMe premtuma required to mitr.�n modpnpe Msuranco In ot►aot, er to provfde a bas ►e�wva, untN ths „
<br /> requYernent tor mortpaye haurartce enda h taoordanp w1h sny urc�tan apreement between 8ortower end Lendar vr spptcabN M�w. ° . _ ,
<br /> 9. IQ ection. Lend6r ot RB peCtlpis Of the Property. I.ender OhGN pNa 8otrower
<br />�� notbt�t the�tkne of or rbr to an hs�t�y ��o,►a�tis entries upon and Na , - °
<br /> ,
<br />� , p peoHon apectylrp reesonebta cause tor the hspeation. ri•�;;,,. :
<br /> 1 0. C o n d o m n a Q o n. rn e �x o c e e d s o� s ny �w a r�d or c m�n ror d a m aoea, d h e c� or aonsequen t�w a� con�a o t i on w k h anr � .;,,°,�-;'
<br /> � aondemnalbn a oth�r Wcinp of any put ot the Prope�ty,ar tor convayance h Ueu of aondemnadon. aro hereby Qasqrrod and ehtN M paW " ;, ;�
<br /> to Le�ider . �';,
<br /> ,� . in the event of e total takhp of the Property,tha proceads shap be appited to the swns secured by this becurrityy tnsuument.whethe►or
<br /> not thln du�.wRh�ny e�cc�f�paid to BpRO�wer. In ih��nnt ot a partlai takinp of the Property In whioh the faY rtwrk�t vrY:�of tM PropeRy , � ',•��''•�."'`
<br /> -, hKrbdl�tey beforo the tekhp�S equat to or greater then Ihe amoant of ihe sums secured by this SecurRy InsWment immediatey before the .
<br /> ' tokfnp,urtl9ss BoRO►ver and I.ender otherwlse apree tn wrllne,tha sums seaured by thb SecurMy Inatrument ahaN be reduced by the omount '• r.; e` •
<br /> of the p�oceeds mutbifed by the folbwinp Iraatton:(e)the lotal amount o}the sums secured hrnedlatey betore the takinp,dkidad by(bj the . . r�
<br /> faTr mNcet val�e ot the PropeAy (mmedtatey betp�e the t�ekhg.My baience shatt be patd to Bomower.tn the ever�t ot a partl�t tekhp ot 1Ne ��v
<br /> � PropeAy h whtoh the ht muicet vak�e of the Property tnmeddetey betore the taklnp is tesa then the amount of the sums secured trunediatey � �.;�,✓ "
<br /> betaro the takinp, unless Borrowe�and Lender otherwbe apree in writhg or unlesa appNcable hw otherwise provides, the praeeds shalt be I - "�i` .r,
<br /> applb0 to the sums aecured by thb Seeurtty InslrumeM whether or�ot the sums are then due, �_ � Y`��
<br /> --- -. ���fa�Y� ��bY 8�rC�st.�r#, eA�n�i3�:6 by t.6�if6r to 8oriuwex iF�at dia condamnor oHem to make an award or aettie ,.
<br /> " a atatn tor dam�gea,Hortower faGs to reapond to Lender wthM 30 deys after the date the notlea b gken,Lender b authort�d to oolleat end
<br /> � eppry the proceeda,at Rs optlon,eRher to restoretbn or repat ot the PropeRy or ro tha sums secursd br this Securit�r Insbument, whether � �
<br /> or not thsn due. �
<br /> � Unbss Lender end Borrower oth�wise egree h wHting, sny epplieatbn of proeeeds to prkecpat shaU not extend a poatpone the due " �
<br /> date ot the monthy payn�ents reterred to in para9raphe 1 and 2 or cbenge the amount ot such payments. �
<br /> it. Borrower Not Reteesed: Forlo�ar�nce By lender Not a Waiver. �te�abn o� tne �r,�e rc,r payrnent or �'���-'�
<br /> modNbition o!unort�tbn of the eums seeured by tAb Secudty lostrument pranted by Lender to eny successor in inlEUe�t ot 8ortower shall ,. /�,t
<br /> �ot oper�ste to rele�se the U�btfAy of tRe odgtnat Borrower or Borrowc�s successors h interest. Lender 8hali not be repuYed to commence •"! ' �{
<br /> � ' � proceedinps egthat any 6�ccesaor in intereat or retuse tc mRand time for payment o►otherwMe modify amortimtbn ot tAe sums secured by � � '
<br /> ' this SecurRy tnatrument by roason of any demend me0e b/ the orlpNal Bortower or BoROwera suacessors in interest.My forbenranee by i "
<br /> „ Lender in exenCbin any dpht oi t i A��
<br /> 0 emedy shaA not be e w�of ot prealude the exe►etse ot eny cight or�emedy. y.�
<br /> � 12. Su�eeaaova and Assigne 6aund; Jolnt and Several Liebiiity;Casigners. The oovanants end agreements ot � �
<br /> thb SoourUy InsWment ehBA bad and benefit tAB succs s so r s a n d a s s i p n s o t l e n d e r e n d B a r o w e r. e u b J e o t t o t h e p r o v l s l o� o}p a r e g rn p h I ,,'
<br /> 17• BoROwu's oov�nante and egreeeients 6haN be joint and aeve�ei. My Borrower who casigns thls SecurUy Insuument but does eot � , " '
<br /> ' - ezeeute the Note: (a)is easlpnMp this Security Instrumer�t onty to mortgege,grant,and convey that Bartowers interest H the Property under �
<br /> �,;��,: the terms o}thb SecunlJ�Inshumgn� (py is not peraonelly obiigated to pey the sums secured by thb Security�nstrumenl;and(c)egrees that
<br /> �'{;�;'.<< Lendar and sny other Bonrower may apree to extend,modMy,torbear or make any accommodatbns wfth regard to terms of this Securfty �
<br /> •�"" ' Ir�sWment or the Note wRhout Mat Borrowers conaent, �'�'"
<br /> � ���. 13. loan Cherges, it the toen SeCUred by this SeCUtRy Mstrument is subject to a �w whiCh sete m8uimum toen ohflrges,and that ! • +�.1�,,
<br /> • " kw ts ftn�y interprMed so that ffie hterest or other toen charyaes collected or to be collacted h conneotlon wRh the ban exceed the
<br /> ;_;��;:-
<br /> ' parmAted YnRs.then; (a)any such ban eharges shap b�reduced by the emaunt necessary to reduce the oharge to the pe�mkted IImR;8nd �••
<br /> , .'.:. ...
<br /> (b) am sums ateadr eolbeted ham 8orrower whbh �cceeded parm�ted Iimits wtq be�tunded ta Borrower. Leadar may choose to make
<br /> . � this reNnd by redueinp the prino�al owed under the Nole or by making a Gkeot payment to 9oirower. If a retund redueea prineipal,the
<br /> reduotlon wq be Vetted tg a partki PrepaYment wflhout an�prePayment charge under the Npte, '
<br /> ': 14. NOtICES. My notiCe to Bortower provided tpr h this SecurRy Instrument she0 Q�e given by deilverhg R or by matung k by ftrat �
<br /> „ . „ ctaes map unlese appUrapla I�w requtres use oI another rn�hod. The not�a ahatt be dYeoted to the Property Addrese or any other eddress '
<br /> � �' �� Borrowx desipnatea by notics to Lender. Any �ottce b Lender shalt be ghren Dy tirst class mail to Lenders eddress e►ated hereh or any �
<br /> ' e ' ��'S���,��' ather tddresa Lender deat�utes by notice to Bortower. My notice provfdod tor N tAls Security Instrument shaq be deerned to have been
<br /> ,:�•
<br /> �:�� 9lven b Boirower ar Lender�rhen pNen as provlded in th ts Paragreph.
<br /> • 16. tiovemUg Lew;Severebility. fiis Se�uriy Insuumont shaA be govemed br feder8l t9w and tt�e law of the Jurisdbtbn h
<br /> whtah tRe Property b tpoated. in the gvent thst anr provbbn or elause ot th�s Securtty Inatrument or the Note con8kts with applleable Iaw, �
<br /> � sueh corfNct sfuN not afleet other proWsbna af thb Secur�y Inadument or the No19 whtch can be gMen et[ect wUhout the contllcthg �
<br /> , �' ' proviston. To this ond Ne provlsbns of this Sdcur�y Inatnpnent and the Note ere declered to Ee severabte.
<br /> � , 18. BoKOwer'a Copy. Bomovter shall be gMen one Contormed Copy ot the Note aed of thts Secudty Instntmont,
<br /> � � 17. Tranater ot the Re�operry or e Beneticini Inte�est in Borrower. If a0 or anv cart ot the Pronedv or anv hterast h .
<br /> .r - R ts sota or transferted(or it s b8n8Rafat hterest in Borrower is sotd or transiemed end 8orrower b not a natu►a�person) wRhout lender's
<br /> s • P�t�tten consent,LendEU may.at Ra opUon.require trm�diate payment tn full ot 80 sum9 eecured by thb 5ecuritp lnatrument.However,
<br /> � : this opdon ahap not tre mce►ciaed by Lendar�exarcisv Is prohibNed by tederal Iaw es of the date of th�s Security�nsMument.
<br /> If les�de� exer�bgs thts opNon,Lender ehatl gNe 8o=rower nvtke ot accelaratbn. The noltee ehaA provide a period of not less than 30
<br /> da�re trOm the dat0 ths noticg !s detivgred ar mqpgd wkhh which the Borrow� must pap uN sums secured by thb Sscurity InaWmant. It
<br /> �� �� 8orrower talb to psy thess awns prbr to t�e e�tratton ot Nis perlod.Lender may hvoke any remedfes permNted by thls Securtty Inst�ument
<br /> � ,, wkhout hstlher not�s or Jemend on Borrower.
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