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<br /> i'. PP�4oc4lo� �►4 Lo�d�^P'� FiIpN4a I� 4iio �Pap�rty. II Oorrov�cr(al'3 to �cAorn iPao covunpnta nn nprc�mcnl9 Conlal,��d Li .M
<br /> IhC3 Sccurily Inotrurn�nt, or tncto I� a I;gal �rocc�dlnp Ihat m�y al�nl(icentry at��ot 4cnd=r'a rl�hto in Iho Propcity (cuch eo n procc�d:np ln
<br /> 'banlwptcy.probata, tor condemnatk�n ar tor4elwro or to cntoroo 4�wa or rcQulatlono),t7cn Lcnd�r in�y do and p�y ior�viiatcvcr b nccc�ccry ._._
<br /> lo protcct tho v:tfuo 01 the Property and Lendorp rlphts In tho Propor4y. Landar'o ectbno ma/!noludo Fny�nfl any oum�necurod by o I'�n �.,._.
<br /> v�hkh hns prlority ovor this Socurfty I��ntrumenl, �ppourinp In aourl, pnyinp reaeonib4a nttomey'e laos nnd entorinfl on the PropeAy ta mcke �• �
<br /> tOPflif6. A[thouph Lander mny tnko aollon undcr thl9 purpqrapfi 7,Londor doo9 not havo to do �o. . ,_—
<br /> Any amaunte dlsburoed by Landw under lhta pnrapreph 7 shall bacorrw add�ional dobt of Bortowor Qocurod by thls Socurlry InetNrra'►�. f —
<br /> Unbss Borrower and Lendor agrae to othor terma o1 payment, Ihose emounts 9htN bear Intere9t from iho dnte ol dlsbureemont ot the Not� I
<br /> raQe flnd si�ell be p�yebla,w{ih L�t�ra�l, upon notico frorn Lcndrr to florror:cr rcquccttn�payre^nt. �F�'�'''
<br /> : 8.Mortgage Inaarence. 11 I.enJer requMed mortpape NsuranCO a a CondRbn o} makhp Iha ban secured by thls SeCUrity ��
<br /> InsWmont. Borrowar shall pay the premiums requYod to malntah the mortptQe Insuranco In e'lact. II,lor any reason,Ihp moRpege hsurancf :.�,r�
<br /> covaago roqutrod by Lender lapses or coasos to be In eiloci, Hortower nhaA p9y the premiums raqulred to obtain coverepo substenik�lry „ �`
<br /> equNalent to tho martgape Insurance prevtousy h eHect, nt a�ost Rubstantialy equN&lent to the cast ta 6orrower of the mortpagv hsurence ���
<br /> pravlousiy tn eftoct, (rom an aRemote mortpaqe Insurer approvod by Lender. II au batant l aNj equivetenl moAga fle insurnnce covoreyo fa not „ , .�
<br /> aval�ble, Borrower shail pay to Lcnder each month a sum oqual to one�M�elfth ot lhe yearry mortgago Insurnnce premium being patd by �,P..,
<br /> Bortowor when tho hsurance cqverego 4�psed or Ceased to bo In e(fect. Londer wlll flccept, uso end rotnin tlieso pnymonls es a bsc . „•-�
<br /> reserve In Iteu of mortgnflo Insurance. Loss re5orvo pnymants mey no lonqer be requfred, at tho opllon of Londer, If mortpage hsuranCO � :�. ._
<br /> coverage(in the amount nnd for the poriod thet Lender roqukos)provided by an fnsuror approved by Londer agaln becomos avaltable flnd I9 , *?
<br /> obtained. Borcower shall pey th9 premiums roqulred to muintflin mortyflfle hsuranCe in efteaR, or lo provido a loss rosorva, until tho .
<br /> requiremont for mortgu4e(nsurnnco onds In accordance with any written eflraemen!batween Borrowor and Lendar or applkabfe law. +
<br /> �• � „ 9.1118pCCtIOft. Lendsr or Its aflent may make reasonable enules upon and hapactbns of the PropeRy. Lender shnll pNe 8orrower „
<br /> Rot�e at the time of or prior to an inspeotbn opeoNying reusonabte cauae for tho hsp�ctbn. '
<br /> 90. �01id@I111��418ti. ?he procoods of any award or clzL� for dam,:Q,:,�, dlrcat or consequenttsl, !n cannectbn with eny '^ :
<br /> ` condermatlon or other takhp of eny prut of the Property, or for conveyance h Ileu o1 condemnation,ere heroby nssipned and eheu be pnld �A, *
<br /> tm ltir�der.
<br /> � In the event of n total takinp of the Property,the procoeds shali bo applbd to tho sums sacured by thls Securfty Instrument, whather or � ��
<br /> ,.:,:,., not then duo,with eny excess paW ta Bortower. In the event of a portlal takhy ot the Property in whkh the fair market vaNe ol the Property �_
<br /> " {mmedlately betoro the teking Is equai to or proater than the amount of the sums secured by lhis Securiiy Instrument Immedlately betore tho r"`
<br /> � • tak„g,unless Bortower and Lender othenviso agree in writing, the sums secured by thls SecurRy Instrument shall be reduced by the amount �:�'�
<br /> of the proceods multiplied by the lottowing frectlon:(a)the total emount of the sums socurod himedtatey Befo�e the taking,divided by(b)the �
<br /> f�lr market vah�e of tho Property Immedlateiy betore the takinfl. Any balanco shall b0 pnid to BoROwor.In the event of a partlal taking of tho
<br /> f h akin IS less than the amount of the sums secured Immedlalely :���
<br /> P�opert/In wh�h the fair morku!value ol the Property immsdlatery be ore t o t g ��,t �
<br /> bePore the taking,unbss Bonower and Lender othorwlse agreo N writing or unless appl�able I�w othsrvvise provides,tho procoeds 8hall ba �� `�_�
<br /> applied ro the sums socured by this Securky Instrumont whether or not the eums ure thon du9.
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<br /> '�-------.-� � ' {I Inu FiV{/6iiy u uuai�u�Piot��iji uvT'viiiot�tSt u��NV(T.C:«.^.�'�'�..°r.^.�t!� �^�!^!!'Qf lhaf fha _r.nndmm�or oNers to roflk8 en BWII�d Ot 60it10 ____,._�.1!"s.-._.-'.
<br /> � a claim lo�demapos, 9orrower falb to�espond to Lender wfthin 30 daye efter tho date the notice is qNen. Lander Is authorluad to colbot and � w�
<br /> , flppy the proceeds, at its option,oithnr to rostoratlon or repek oi the Property or to the sums scwured by this Security Instrumont, wholher � , ' �.Y
<br /> or not then due.
<br /> ,'• . Unless Lender and Bortower otherwise egree In writinp, any appl�atlon of proceeds to pnc�ipal shall not extend or postpone the due I ;:., ,
<br /> date of tho monthy pnymenis reterted to in pnragraphs t and 2 or chnnge lhe umount ot such paymonls. s
<br /> 11. Borrower Not Releesed: Forbearence By Lender Not a Walver. Extonslon or cne �ime ior payment or •� • �.
<br /> modfFicatlon of amorti�tlon ot the sums eecured by this SocurRy Inswment pranted by Lendar to flny successor In Interest oi Borrawer ehall �
<br /> • not operate to reiease the IIabIIRy of the ortginal Borrowor or Borrowers successors h hterest. Lender shall not bo required to commence , � '�� '
<br /> praceedhgs agntnst any successor h Interest or refuse to extend time for payment or otherwise modlry amortizatlon of the sums secured by �, .* �
<br /> this Security Instrument by ranson o1 any demand made by tho original Borrowor or Bortoweru successors in Interest. My (orbesrance by I � '
<br /> � 4�nde!In oxercising uny right or reRaedy shall not be a waNer of or preciude the exerClse of any right or remedy. ; ��r
<br /> � 12. Successors and Assign�eound; Joint and Several Lleblltty; Co-algners. Tne covenams and agreements o} , .
<br /> � thN Security InsWment sht�U bad and bonefR tho 6uccussoru and asslpna of Lender and Borrower, eubJect to the provisions of paraflraph ' �� ����
<br /> 1�. Bortowere Covenants and apreements sh8tl be Jolnt and several. My Bortower who aaslQns Ihls SeCUrity Instrument but doe3 not � , � �'� '"
<br /> execute tho Noto:(a)Is co•slpninp thls Sacurity Inswment onty to mortyuge,prant,nnd convoy that Barrowers Interest tn the Praperty under � �
<br /> the terms of thts Scicurity InsWment;(b�Is not personaily obligeted to pay tho sums seCUred by this Securky Instrumant;nr�d(C) egreos that ' � �+, ,
<br /> Lender and any othor Borcower may apree to oxtend, modNy, lorbear or mnke any aCCOmmodatlons with regard to tarms ot thls Securily ! i��•.y•
<br /> In3Wmont or►he Noto without that 8orrowar's Consont. � � � ' �
<br /> 13. Loan Charg��. II the ban secured by thls Security Instrument Ia subJeCt to e law wh�h sots mcuclmum loen chargo9,and thflt � •:�
<br /> ' kaw Is tNalty Intorpretod so thnt tNo htoresl or other lonn charges collected or to be colbcted In connection wnh tho loan oxceod the �• �'
<br /> - Rermktod Itmits, then; (a) any such loan charpos shall be raduced by the umount necessary to reduce the charge to the permifted IimR;and ��, �'
<br /> ' (b)any sums already coliacted from Bortower wh�h exceeded pertnittod Omits wlli be refundad to Borrower. Lender rnay choose to make r' ,
<br /> thts reNnd by raducinq tha princpal owed under the Note or by making e dfrc�ct paymant to Borrower. If a refund feducos principnl,the �
<br /> reductlon wni ba traated a�e partiat preRayment without any prepaymont churpa undar the Nate. ,i
<br /> 74. Noticea. My not�e to Bortower provided tp�N thls Secudty InsWmont shall be gtven by delNering (t or by melling it by firot „
<br /> " claSS meil unbss applbabte bw�equlre3 uso of another method. Tho notice ahall be directed to the Property Address or any othor nddross �
<br /> „ • Borrowa dosl�nntes by notiCe to Lender. My not�e to Lender shnU be plven by Iirst class mail to Londor's address slnted horeln or any
<br /> at�er flddfass Lender desi�nates by not�o to Eiortower. My not�o providod tor h thls Sucuriry InsWment shall be doemed to havo been ,
<br /> • , oMOn to Bortowar or Lander when ph�an ns provided In thts parnflmph. :�
<br /> 16. Governtng Law; $8�!@�B���I�1. Thts SeCUrity InstrumOnt shtill bo govpmed by todorel Iuw nnd tho law of tho Jurisd�tlon In ,
<br /> wh�h the Properly fs locotod. !n tho ovent thnt any provislon or clause o}thls SoCUrity InsWment or the Note conll�cts with applicabb ksw, •
<br /> suCh conil'�ct shnll not nflect otho► provfslons ot this Sacurity Instrument ar the Notd whiCA can bo gNen eftect without the canf!iCtfng , ,
<br /> prov(sion. To thi5 end tho prOVlsbns of thfs Security Instrumont nnd tho Noto ero doCkired to be severnbb. •
<br /> 16. Borrower's Copy. Borrowor shnit bo gNon one Confortned Copy ot the Note end of thls Socurity Instrumont. , '-
<br /> 17. 1'ranate� of the Property or o Beneficial Inte�eat In Borrower. If nll or eny purt of lhp Proporly or any interost fn ��
<br /> , ,1 � I!b 601d or tmnsfortad (or if a Cenefiatal hterest h 9orrowor is sm0 or Uanate�rou ena �orro�var is noi a naiu�ai porsonj w¢noui i.iniuc�'o �_- ;
<br /> prior wr�tten consent, Londer may, al ks opibn, requlro Immodt�te puymant �n tuN of aU eum3 ��urod by thls Security InsWmont, Howov�er,
<br /> t�ls aplb�shull not be exerctsed by Lendor R oxorcise Is proh(bitod by teder4l law aa of the dste ot thls Socurity InstNment.
<br /> If Londcr oxercisos this optbn. Lendor shnll pMu Borrower notice of accetoratlon.The notbo shell provlde e porlod of not less thnn 30 ,
<br /> ciayS (tom tho dsto the not�Ce Is delNered or maibd�vithh whfch ihv BoROwer must pay ell cums cecurod by this Security Instrumont. If
<br /> � < BortOwer talls to pay tl�oso sums prior to tho o�imtion of this portocl,LondrH mny hvoko nny romedqs permftted by this Security Instrumont ;
<br /> �- � �vithout furthor not{co or damand on Bor►owor.
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<br /> ! Pap�9 0�5 Form 904L 7/00
<br /> " F1079.tA!0(�0/4»)
<br /> � 6t I
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