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<br /> , " • � Borroaler niay curo cucli c� deiau8 and re!iatetd, e9 pro�rided In �urayraph 18, by caue. � �actlnn ar proce�d!np ta be -- --------
<br /> ` , ' dl3�nlsead with n rullnp Ihc�t. In LenAer�O Q00O IOIiII lIL1f71111II1R1I0D,pre�lucfes tadelt�ra of tho Borrowe►'e Intareat In the Properry or
<br />-,-, " othcr►natedsl Imp^_Innent o}4ho I!nn nrcated i3y Ihl� C;er�i�ily Instrumcijt or Lcr.�4ePa aecu�ry Intere�t. Bonnvrer shnp alco bo In ����"••:"�="�:='-�-o-�
<br /> dc.inult I1 Horzov�cr,fi��inp Iho lon�i cn�;!o:�Um► pr�rc.;:�n. �°,vo ni:�ler1�'.y tala� nr In�ccwnto In4ormntlon ar otntemcnto ta I.end�r(nr � •� •���• • --.
<br /> � 1;licd to pravld� l.r.n�:�r r�th r.ny ni::lcil::l In(u�,naUur�) In r,cmnr,�.Uu» r��lii Iha t��.n c•rldc��r,r.ci i�y tho fVoto, b�c;ud';ip. bu� not -.-
<br /> Crn�tcd to, rcprc�a�fallmi� .anc::�n;np Ilu��u;�c.�b ��ci.�i��::m.y ul tho {'ropy:ry c:a a �ilno!i�:l rc�ldcrico, II thl� Sc.uGiy �� .
<br /> �,-�-,_-�
<br /> ",. Inotn�mem lo nn a laoochotd, fJottotivr.r nE�all nnnipry v:Ih n9 1h�prml�inno ol tha lenoo. II Horrower ncquiroa fee tftle to tho ��:•k�.-�—.�-.--
<br /> =4'.=."__—'_' .
<br />= Frap��ty,Iho leaeehold m�d l�e fes�Gtla niio!I not i�ierq�►untn3a I.en�ler Apreoe ta Iho�iter�er hi wrillnp. ,,c,�;:;;,,���_-�•—
<br />_ " , Y. iPro4�Ctlon o4 d�nd�r'� f�lpfii� In Ih1� i�r���tYYty. 11 lioir�wer '111� In pe�torrei the oovonante end e��a�n�snte �'"="-'—`---
<br /> ° " cont�lned In thls 6ecudry me�rum�ri�, or ihMa le n le�pel �unr.eei��n�a IhNt m�y etUn�er.anty eHect Lender'e righYa In tMe Properry -
<br /> • " UIICh HO A tOGHOIIJI N h�iifkiu ta rultullo, fnl cnndnuuin�Ljl� (tl(o11(tillllA ol 1(t l41f�t0�13w0 0►/f t11911011� lhen Lender n� �'"�`
<br /> .. ( P fi p Y• ! �J 1� Y �,:.:::;,�,:::�_.:h =
<br /> ���
<br /> do and pey tor wN�tever le nene�c��y to prnidU the vAA�e ol 1ho(hupe�iy�nA Lendar'e dphtr In the f'ropaty, Lender'a tctiona =----
<br /> � mey Ineiade paytng any oums oeturnd hy a Ile�� wl�tr,fi ii�n pdnNiy over Ihle :3ecuriry Inatrument, nppeadng fn couR,payloq —_ _ —
<br /> renannshle Httomeys' tee� nnQ entn(hp un Iho I'ropi��ty lo mr+i�u rMx►Irn. Aliho�i{�h lenda mey t�ke actlon under thla parogrwph �~
<br /> ��.�N__
<br /> 7 Lender doea not hsve to do eo. -
<br /> Any nmounte dle2�areod by Lender wufnr pe�eqrnph i' nhull IiaconiR eddll�nel debt ol Uorrower eacured by thia Securily
<br /> �, �;,;t�::=-
<br /> ,. InsUumont. Unleea Donower ancl I.ander �yrae�li� oll�e� lenna ut pxyinenl, Ihe�a umounte shall �aoer Intareat trom the da4e ot �,.�,,.�::.--�-��
<br /> " dlobureament at the Noto reta end ehall L►e peyaUte,r�llh Intr.re91,upon nullc�hom Lender to Donower reque�Ung pnyment. _�"--
<br /> , 61. M01'tgag� In�urene�. II Lender rnqulrnA mmtpet�e Ineu�nnco ee n condlllon o1 makinp tho luan accured by thla ��=V��-���'-�---
<br /> 9ecudry Inetrumooit,Bortowor ehefl pay 1he prey�ilum�rr.qatrnd tn malnta�n Ihe morlpo{�e Inaur�nce In eHect. II, tor pny reaeon,ihe '.,;=-"-
<br /> moftgnge Insumnca covorcpn raqulrod Ny l.ender Ircpave ur ceH�u� lu da In eNoM,Elorrowar ohall p�y the premium� requlred to ;i':a�-m-----
<br /> - obteln coverago subeteniMlly equlvdenl to ti�e mn�tqa��u IneurAnco pr�vlouaty In oft�rct, at e coet aubntmtidy equlvalent to ihe ;��';;:;;:'-___..
<br /> , cost to 8orrowar o1 tho mort a e Inaurer:co �rovlouo In cttr.cl, from en elterneto mon e e Inaur�r e roved b Lender. II "°`�` ='�'' ---
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<br /> ° subatantlaly equlv91en4 mqKqege Ir,eurence cove�nge Is nnt nve�te!:lA, f]o►rower ehell pay to Lender oech month e eum equnl to ,';�;;�,;���
<br /> „ one-twelfth of the ea mort e e Ineurence rHnlum bc�n �aicl b flarroww when ihe Inaur�nce covenae lapaed or cwesd to '�"=
<br /> , Y �'N 9 8 p 0 1 Y ��:5?+`.;�---"'�'�
<br /> bo In ofiect. Lender wlli eccept, use nnd retaln theso �ayment� ee n ioee raaerva In Ileu of mortqage Irmuranen. Loae rbserve `-' '
<br /> , paynnente may no longer be requlrod, at fho optlon ol I.andnr, fl mmtgn�e Ineur�nce cover�ge{in the�mount md lor the p�rlod ,. �•ri:�r-=
<br /> ' that Lender requires) provlded by en Inaurer ap��roved hy I.enqer NpA!n hacome3 Avafleble And ta obtetned. Bortower eheli pey •��.�����„,,:
<br /> tho premlums roqulrod to mulnteln mortpn4e Inourunco in ottact, or lo provlda n loso roserve, untll tho requlremant tor mortgage ati+�.•..:----
<br /> Insurance ends In accordenco with any w►ittan Npreament betwoen l3orrower and (.ender or apptic�ble law, �'r•�"—"
<br /> 9. 1118peC41011. Lender or R� apent moy mako renounebto ontrioo upon end Innpectlone o}tha Property. Lender ahall glve .'�::=��.-�
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<br /> Borrower notice a4 the I�he of or prlor to ea Inspactlon opacltylnp reaeonKble ceu�e for:he Inspectlon. � -
<br /> • 10. Cond�mnatl0tl.The procnede ot nny eward qr clalm tor demapo�, dirucl or conseque,�tlal, In connectlon with any
<br /> condemnatlon or other taking o} nny pert ol the �roperty, or tor convoyance In I;eu o1 condemnntlon, ere hereby naalgnad end =- —
<br /> ehall bo pald to londe►. ,;��`�
<br /> „ In tho �vent of a totel taking of tho Properry, iha procoede ahnll bo npplicd lo Ihe eume aecured by thls 8eeurity •• r -
<br /> Instrument,wnether or not then due, with any oxcoou pnld to Borruwer. In tha ovent of o partlal t�fJnp of the Paope►ry In whlah
<br /> _ . _ _ tho lalr merket value of Ihe Properly ImmedinteN bolora lho tnkinp lo equal ta or Oreatcr than the emount ot tho aums securea r _. ,'
<br /> _--- _ ., ..rt.. -_,._..
<br /> � ' by thla 8ecuriry inetrument Immediatety t�otoro tho taklnp, unleae Borrowc► end lender otherwlae �tgrae In w►ilinp, the ouma
<br /> ' secured by this SecuNty Instrumont ahail be r�duced by Iha nmount o1 iho pracoeds multiplled by the (ollowing trnctlon: (a)lhe I „
<br /> • totel amount oi the sums secured Immediatery bsforo tho tnking, �!Ivfded by (b)lf�e fetr merknt veluo ot the Properly Immedl�tely l.. � ,
<br /> before the taking. My bainnca shatl be pald to BoROwer. In tho ovent of a pnrtl,:t tekin4 of tho Property In whlch tho tnlr market
<br /> � valuo ut tho Properry tmmedietely before tho takin� Is leso tiian tho nmount ol tho aums aecurod Immedletdy betare the�aking, �,
<br /> untess Bortower end Lender otherwiso agrQO In writlnp or unlas3 nppllcabla law otherwisu provides, !he proceade shail bo ' i �
<br /> epplied to the sums secured by ihls Secudry Inatrument whether or not the aums are then dun. �. „
<br /> � If the Properly Is ebendoned by Bortower,or If, eftor noUCO by LenJe► to Borrower thnt ihs condemnor oftero to make en � '�
<br /> � ��,�..
<br /> �� eward or eettle e clalm for dameges. Bortower talis to rospond to Lender within 30 deys nfter the dete ihs nollce (�QNen, � '�' 't �,.
<br /> � Lender is authorized to coltect end appN the p��ocoeQs, nt Ite optton, elther lo resloretlon or repalr o1 tho Propetry or to tho ;�" "�=�L; ,
<br /> ' oums secured by thls Securfry Instrurnant,whother or not then duo. "!�' ,
<br /> Untess Lender and BoROwer othenvlsa ag�ev In writinp, eny npplicntlon ol proceads to pdncipul ohall not oxlend or St :';,�, ��--�
<br /> •• � postpone tha due dnte ot the monthy peyme�te reterrod to In peragrephe 1 and 2 or chenpe th�nmount o1 euch peyments. �> �•- '•• �
<br /> 11. Borrower Not Releaaed; Forbserencs By L�nd�r Not� Wdver. Extenalon o}tha tlme icr pt,yment or `' ;o:�'~ `
<br /> madl0catlon o}emortiratlon of tho sums securad by thls Socuriry Instrument prnnted by Lender to ony succes3or In Intereat of �°�'! ��: _
<br /> ' Bor�ower shell not opersto to releaso the Iiubility of the o►Iginel 8orrnwor or Borrower'o auccnasoro In Intorost. Lender ohall not � t
<br /> be requlred to commence proceedings agalnst any successor In Intorest or rotuso to oxtend tlmo for paymeM or othen+rise - ��•}
<br /> modity amortizatlon of tho sums secured by thle Security Inatrument by reason of ony demand mado by the oriflinel BortoweK or
<br /> Bortowor's succossors In Interost. Any torbearnnco by Lender In exerelsinq any dpht or remady nhell not bo a weiver ol or �S
<br /> preclude the exercl98 of nny dght or romedy. ' �<
<br />� ,. 12. Successore and Assigne Bou�d; Joint and �eve�al Llabltlty; Ca-slgn�ro. rno covcnants end .*
<br /> aflreemonte oi this Socudry Inatrument shsll bind end benofit tho aucceseors und osslgns of Lendcr nnd Oonov�cr.subJecl to Iho , S` .
<br />• provlslons ot paregraph 17. Borrower's covenanta and agreoments shatl bo �oint nnd eoverul. Any f3orrowa�who co•slpna this I •
<br /> � � Secudty Inotrume`�t but doos not oxecuta tho Note: (u) lo co•slgnlnq thlo Sacurlty Instrument onfy to motipt�flo, prem nnd convay �
<br /> that Bortower's interost In the Property undcr tho terms o} this Socurlty InstrumenL• (b) Is not pe��nnnly oblignicd lo poy Iho � -
<br /> sums secured by this Socuriry Instrument; end (c) agreos that Lender und nny other po�rower rnoy aprco lo extend,modlty, ` �
<br /> � 1 for6ear or mako any nccommodatlons with regard M th0 1Cf(113 01 fhl3 So�udty Inotrumcnt or iho Noto without that Boirower's
<br /> . conaert:.
<br /> 13. l.oan Che►g88. N thv loan socurod by thl9 Sacuriry Inatrument i� uub�ect to n I��v r�hlch �ot� maxlmum lonn
<br /> chargos, and that lew Is tinnly interprotod so that tho Intcrest or othcr iobn chnr�oo colleatcd or In bo collccicd In cannocilan �
<br /> • with the loun oxcoed tho pertnittod Iimite, thon: (n)any auch lonn churqo ohnll ba roducnH by tho mnmmt nacesnery to ro�uco
<br /> the charge to the pertnitted Ilmlt; und (b{ any sums olready callec!ed from Borrotiver v�lilcli axccccicd permltteA limite wfJi bo
<br /> refundad to F3orcower. lender may choose to mnke this refund by reduclnp lho pdnc�pal o�•rr.t1 undcr Iha Nolo or by makinp n
<br /> _ direct payment to Bortower. If a refund raducos pdncipnl, tho roductlon wiu ba ireatod ao a pmtl�l prepqymenl wlihoul any �
<br /> , � propaymont chargu under the Noto. ,
<br />_ 14. Noticda.Any notice to Borrower provided for In thla 3ocudty Inst►umr.nt ohnll bo qYC�i by du.vednp n or hy mal:Enp 4 �i
<br /> " ,. by Oret class meli unloss appiicutble law requlras uoo ot unother mothod. 7ha nouco ohi�tl Uo Uln:cteU lo INe� Ptaperty Addroao
<br /> • or any other nddress Borrower dasignatos by natic� to Lender. Any notico to len�cr ohnil Ire ��Ivcn I�y (1rn1 claoo m�il to
<br /> --. �-.. _- �CIIdLY�3 IIdf�lO��i SfifOd hNOln nf anv nfhor addrnaa 1 andor dnalnnafm hv nntino�n LLr�......... A.... ....u..� .......u�.��_._ .u_ ..
<br /> ___._____� .. .._.. __.- . • "."' _'_.__ _'.'_. ""o.._.__ , .."__ �_"_.._ ..�....� ....
<br /> _ _ '_ "..'r p.....wv �. u..a
<br />- . , � Sacudty Instrumant shad bo daemad to have been flNen to Borrowor or Lender when ��hcn na pruvlcicd In��il�pn►nprnph
<br /> 15. Gloverning Law; SOV6�0�11111y. Thls Socurity Inotrumr,M ohall bo pnvcrncd �y Icdnnl hr� nnd Iho In�v o0 Ilw
<br /> Judodiction In which thu Property Is locoted. In lho ovent Ihol nny provlal�n or clauoo M Ihla t�cau�ty Inslrunv:nl ur tho Nota
<br /> con0lcts with appliCabta law, suclti con0lct shall not oltect othar provlslono 01 Ihla 9ccwlly In�l�umail ui iho Nuto which crwi l�e
<br /> , � flivon aftoct withoul the confl!c?Inp proviston. To Ihts end tho provlalono ol thla SocuHty Inahumcnl nnd Iho Nutn aio dncl:ue�d to
<br /> �- bo severablo.
<br /> , 1fi. Borrowor'o Copy. Bor*owcr ahnll bo ptvcn ono conlurmnd copy ol Iho Noln ro�d ul Uu•i ;ta.unty Inotiwnenl
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