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<br /> . d. ��nteeteo� 04 Lanc9er'� Rlg�hts Ir� the Pro�er�y. If[iortawcr fail:, ro per4errn tk:�o`�hG7�t�fntdl;���1ftiL`nl3 eontalned In � '�'��
<br /> thla &ccurity Inntn,m�nt,or Ihcro b n I.pol proccodinp chat mny al�nifknnty nfl;�t LcndcPa riflhts In tho PropeRy (ouch a:�o p�accadind ln � b iz-
<br /> banlcruptcy,probat�, fot cond:mnnllon or torto�turo nr to cntorc� I�ti•�n or rcpu►atlona), thcn Lcndcr rnay do end p3y tor v�hc�Ycvcr la nCCC�acry T
<br /> to protoct thr� vatue o}Ih�PropeAy and Lendora rlphts in the Praperry. Lendera uctlons mey Includ� pnyinfl any aurns ;,ccurod by o I:�n , -
<br /> whbh hns prlorUy o�er Ihl9 6eCUrfty Inatrumont, appearinp {n Court, paylr4g rea8onnble altomoy'o fnes nnd onlorinp on th� PropaRy to meko ----
<br /> rapairs. Althcuph Lender msr tnke actlon undor this purapraph 7,Lendar does not have to do so. "
<br /> Any amounls dlsburoed by Lenqer undor thle parapreph 7 ahe� 6aome addltional debt of Borrowar ;,ecurod by thb Securlty Inatrument.
<br /> Unlese Bortower end Lender�Qea�to other terms ol paymant, theso unounts ahol!boar hterest hom the data of dlsburcement at the Note
<br /> ,...�.
<br /> rate and shall be paynbb, wlh interost,upon not�a from Lenda to Bortower requostfnp payment.
<br /> � 8. �fltlTt�dgB It1611fED�e. If Lender requMed moRynpe ��suroneo Qs a aondtibn oi ni:�Inp ti�o loan sCaurCd hy thlg Seourky ' „ ____
<br /> Instrumant, Bortow�r shill pry tho premtums requlred to r►whttin tha moRy�p�heurancs b uHact. If.(or eny reason,¢ho moApspa Inaurtnco ,[ .�,4�,;.
<br /> "' cor•erege requtrod Gy Lender lapses or ceeses to be tn ettect, Barrower shaU pay the premiuma requked to obteb coverepa substantlaly f._ - _
<br /> � � equMaient to the mortpepe hsu�enca proviausly h eftect,et fl COSt 8ubst3ntlally BqUhr8lent t0 the cost to 8orfow9r af Ltle n7orty8Q9 Insumnc0 �
<br /> , prevlousy In eHact,Kom an aRemato moApaqe Insurer approved by Lender. II substenttaly equhratent mortpage hsurv►ce aoverago 19 not ,�.�;i3"_
<br /> ava(labb, Borrower sha� pay to Lender eanh month e sum oqual to onetw4iflh o! the yaarty mortpayo hsurance premium befnp pald by � ��.,-�
<br /> Bovawor when the t�surance aovaraqe lapsed or ceased to be N etlocG Lender wili eccept, use and retaln theae paymente as a bsa � .. .��:_-,;--: _ _
<br /> reserve In Iieu of mortgage hsueence. l.oss reserve payments may no bnpar bo roqulred, at tho optbn of lender, i mortpape hsuranCe . :.�.�;.,•.�=-�_
<br /> coverspo (fn the emount�snd far Ihe perlod that Lender requkos)provldod by an lnsurer nppravsd by Lender n�sh bscomes avat�bk�And fs --�°� "�=°=_ -
<br /> . •�:t;•`-��'�-"-
<br /> obtefnod. Uorrower shnit pny Ihe pramlums requked to mahffih mortyapo insurence In eHeat, or to provide o bss resenre, until the `�''-��_�,��r,f'�___
<br /> roquA�emont fo�moRgupo insuraetco ands In acoordnnco wfth any written ayroement behveen Barrower nnd Lendc�r or cpp8cabk law. �=�=-J�`-"'-,�.M=__
<br /> 9. I(tE(lECt10t1. LenOer or ks ayent may make reflsonable enbles upon u►d hspectbns of the Property. Lender shell p�re Bortower '..;� ��" '��'.����
<br /> r..�ti.,�4`r�rr�rs'�'----=.—
<br /> notice at the tYne of or priorlo en inspeatbn speaNyinp rosaonable caus� lor th�Inspectbn. �.�T�-""
<br /> ;•. _--
<br /> 10. Condemnatlon, The proceeds of any award or ciatn tor dtmapes, dlreat ar coasequentlal, h conneotlor� wkh any £a��—
<br /> _ ° condemnadnn or othor takYp of eny paR ol the Proparty,or for aonWeyance In Ifau of condemnetWn,era heraby asel�n�d and ah�U bs pald �
<br /> l�VY!+'� �-
<br /> .. to I.end,.:. �rs`-�z.--! —
<br /> • In the event of a rotat�kinp of the Property,the proceeds shaD be applled to the sums secured by thls Securlly Nstrumont,whether or ��'•-
<br /> not then due, with any excess pab to Bortower. In the event of a partl�l takfng of the PropeRy In wh�h the ta4 markol volue ot the Propo�lyr
<br /> • • Mmediately befo:e the takinq(s equal to or greater then the amount ot the sums secured by this Securfty InstNment Nimodlatety betoro tha �:;,��� ��
<br /> tekfng,unless Borrow�r and Lender othervvise agrae In writing,tho sums secured by this Securily Instrument shall be reduced by the amount �'�-�.o_r---
<br /> � af the proceeds muktplled by tha toUovtlng fractlon: (a)the totel amount of Ihe sums secursd Immedlatey betnre the talclnp. dNided by(b)the �_T'_�""'�.—
<br /> tak market value ol the Property�nmodlately before the takinp. My balance she�be patd to Borrower. In the evant of a paital takhfl ot the ,A;;q--
<br /> PropeRy fn whbh the (alr mNcet vnlue ot the Property immedlatety before the taking Is less than tho amount of iho eurns secured Immediatoy _;_
<br /> � hatore tho IakNg. unlese Bortower and Londer othenvise agros In wrkhg or unles� appliaabie law otherwise provkles. IhB proceeds eh911 be �-s"�=
<br /> epplied to the sums securad by this Security InsUUment whether or not tho sums are then due. '"��
<br /> '� If tho Prapsrty Is ebandoned by Borrower,or R,after not�e by t.onder to 8orcower that the condemnor oHere to rneka en award or settte
<br /> �� � • �CI8Mf1 fOf OflfI1fl�BS. tlOtTO11Bf ians io respond io i.unoni wni�ii �u6yo fl°n"w u�o L�dw iho ACZ.°"'w�Qt"�,��°�4==s!hnrt�aA M rnllmt end !����1- - _�,••y-:-
<br /> eppty tho proceeds, at RS option,ekher to restoretipn or ra nt of the Pro or to the sums securod by thfs Secu�lry InsWment, whether � ��'�! �
<br /> ��,'• �—
<br /> D P�Y P,i. ��k��`;
<br /> or not then due. ;!� "`' ���
<br /> Uniess Lender and Banower otherwise apree in writhg, any appGCatbn ol proceeds to prinalpal shaq not extend or postpone the due " ��"-_
<br /> date of the monthty paymenls relerred to In paragrephs 1 end 2 or chengo the¢mount of such payments. •=
<br /> 11. Borrower NotReleneed: Forbaerance By Lender Not a Watver. Extensbn ot cha �in�e ror payment or '. ;��-
<br /> modHicatlon af arnortizalbn of the sums secured by thts Security InsWment Qrented by Lender to any succossor h hterest oi Bortowar aheN � -+ ��'�:
<br /> not oporate to releasa tha�abi�ity of Ihe origtnnl Bortower or Bortowers 6UCC6S60�8 MI If118fASG Lender ehaU not be requirod to cortunence ��.
<br /> procaedings aqninat any succossor h Intorest or rotuse to exlend time t�r payment or othorwise modNy amortiratbn of Ihe sums secured by , �..,, .�__
<br /> this S�cudty Instmment byreason of any damand made by tho origBal Borrower or 8orrowers successore h hteres4 Any fo►bearence by .�, .
<br /> Lender In v,cercisinp any riqhl o�remedy shall not be n waiver of or preclLde tP�e exercise of any rfpht or remedy. �, ., , �.
<br /> 12. Succeaaors aod Aeslgns Bound; Joint end Several Llability; Co-algners. The covenents and a9reements oi �, �' :•.�
<br /> thls Securky InsWmont shd bNd and benefd the successora and asstpns of Lsnder and Bortower, subJxt to the provisbns of paregraph ' •..� • �
<br /> 17. BoROwers covenants �nd egreements shap be Jofnt and severeL Any Borrower who co•slgns thfs Security Inswment but daes not ,_. ,_��,
<br /> executo ths Noto:(a) is coabninp this Security Instroment ony to mortgrsge, grent, and convey that Bortowers Interest In the Proporty under /,,: 1 �•—
<br /> �� the tertns of this Socurity Instrument;(b) Is not peroonalry obligated to pay the aums secured by this Secarky Instrumenl; and(o)a9roos tfint >.� �_-
<br /> Lender and nny othet Boaower may agreo to extend, modiry, torbenr or mnke any accommodatlons with regard to lertns of this Security
<br /> �'-�_
<br /> Instrument or th9 Note withwt tflet Borrowers consent. �'y�A� �•
<br /> 13. L08D Charg�a If the loan secured by this Sc3curity Inswmant fs SubJoct to a law whbh sets maxlmurn bnn charges, and that .
<br /> c
<br /> 19w is finally hterpreted so thet the Interest or other loan Chergea Coltected or to be Colboted �n Connectlon wfLh the lonn exCeed the �• � '
<br /> �t._.,,,-
<br /> permf4ted IMits, thorr (a) any such laan chnrgos shall be roducod by Ihe emount nacossnry to reduce the chcjrgo lo Ihe pertnitted limk; and .�..`�.�
<br /> (b) nny sums atready col!ecled hom Borrower whtch excoedod permqtod Iimits wf11 be retunded to Borcower. Lendor may choose to mnke �•�.. '��v,,.,
<br /> ` ''�.:�i
<br /> �� lhts retund by reducinp the princ�nl owed under the Noto or by meking a dPxt payment to Bortower. If a refund roduCOS prinCipal, the t
<br /> roduction will be Veated as e paAktl prepayment w(thout any prepeycnent charBe under the Note. �
<br />- 14. Noticea. My notfce to Borrower provlded for In this Security Inswment shull bo ph+en by dellvorfng @ or by matlNp it by first i ��;
<br /> class mafi unWss applicable law roquires use of nnothar method. 7'he not�e shall be directed to 4ha Property Address or any othor addross ' . ,'
<br /> � BoROwer deslgnetes by noUCe to Londer.My notkro to Londer shall be p'yen by lirst Cless mail to Lendors address stnled hereln or any , '�
<br /> � � ' othor nddress Lender dosq�atos by not�e to Borrower. My nol�e pravlded for In this Security InsWmont shall bo dtremed to havo been �
<br /> glven to Borrower or Londw when gHan as provldod h this Darn9raph, a
<br /> 16. Governing Law; Severebillty. Th(s SeCUrity InsWmont Sha�l bo govomod by federal law and the taw of the �urlsd(ction In S'
<br /> • which the Propc3riy ls bcai�d. In the ovent thet any provlston or ctauso of Yhls Socurity Instrumcnt or the Note confikts w4h epplicAble t�w,
<br /> � ` SuCh contl'�ct shall not t38ect oihc3r provistans of this Securiry InsWrr�ent or the Noto which cltn be flNun oHect without the con(Iktinp :.i
<br /> � provtsion. To thts ond thoprovlslo�s of this Sccurity Inswmont and Iho Note uro doclared to bo saverable. �� :
<br /> 1G. Borrowee's Cap�/. Bortowor shell bc�BNen ono contormad copy ot the Noto and of this Socurity InsWma�t. • i
<br /> 1T. Trnnster of the Property or a Beneflclal Interest In Borrower. I}�II or arty pnrt of tho Prope►ty or any hterest In u�:
<br /> R Is sold or vansforrod (or M e benofi�tal hterost In Borrow� Is sold o�lranslorred nnd Bortower Is not e neturul person)without Londers �
<br /> prtor written consent. Lend�r mey, at ks optfon,requlre immedlate payment in NII of ell aums socurad by this SeeuritY InsWmont. Howovor,
<br /> , Ihts optlon shni! not be ex�cisod by Lendar if cixerClsu Is prohlbRed by tedttnl hw as of the dnte of thls Securiry Instrument. ;
<br /> It LendEx exacisoS thb optbn. Londor shall glvo BoROwt�notfce of accebmtlon. The not�o shnll provids n porbd ol not hss thnn 30 ��
<br /> • dnys (rom tho deto tho nol'�co b dolNered or ma�bd �vithin ��hfch tho BoROwor must puy all Sums securod by thGs Socurity Instrument. II !
<br /> ,� I Borrowc�r lafis to pny Ihese 6ums prior to the expirt�tlon of thls portad,Londcr m�y Invoko any remEtd�es p8rtni4ted 6y Ihfs Security Instrument �
<br /> ; , wtthout turther nol�a or dcmand on Borrower.
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