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<br /> . paymeat4 may ao iongea Da requi��st,ai tae aptiaa of Lendrr.ef a�nit8age iasu�cs c�veaa8e('m t�amount and far�e peiiod . �' —
<br /> • � �. that Leader ieqai�cg)Pmvided 1�Y aA ins�er a�aYtd by Lender ag�n!b�ames avm'lable aad is abmiaed.Ba�mwer sLail pay t6e • , `- '. . _' .
<br /> ,.F`-- • .4 '��.� . ' grem�s req�red on ma�tain m�u�s�uance ia off�ar w gmvtde a tos�r�e,.m�8�e reqtt�rement fmr mo�t�ege �'_
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<br /> � ` Ins�usace euds i�aosor6aaoe aNh�ry wri�u s�rex�e,ni betaroca Boaoae��I�er ar agp}icable L3w . •. . �
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<br /> . � . . 9.Inspec8aa. L�enBer ar its a�rat may ma�e�easanable�fes apori and insge�ons of tke Ptaperty.Lead�tr shatt give � . . . ---_
<br /> . _ Boa�wea no4tce atthe tIme af ar pzior tu�n h�spectinn spe�fYinB�able ca�se f�t,�e�an. � �
<br /> _ 10.CondemnatIoa. �e pt+o�eeds af�y awarQ ai claim for t�tages,�roct or o��eqnmt�al.iu�nn� wi�aay . � -, _ .,
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<br /> ` •. " . . �na�naae�on ar othea micing of any parc of tha Prape,rty.ar for camreyanoe ia liea of eande�mauoa,ate hereby a�sneA an� , � ,.:,� -
<br /> • sha�Ibewidmis�d� � < <. ......,.
<br /> � -- ' � ' In the eveat of a tflral taTcing af dte Pmptrty.the�oceeds shaII be aDPlied tn the sams secuied by this Sec�ity Instc�m�t, ' '�� `'` ° j '�:`r.. ''
<br /> _.'... , . .. _ :. wheWera a.ry,,u�ot thea du[e.arith�y exc�paid to 8mmwe�In the eve�tof ap�rti�aLl t�ing of the�Pm. perty�m, wbich they f,a,�it� ''�.. � --'�•r�-,,
<br /> ` . , � ' r6�fifi�t Y.L�i�ttTIfIlPJ�12TPty�OI�i���IS��D�T��YiB SIIIOIIIIL�YiG S�N.9.�l.IUW�WL7 S� t.. 3'�.; _
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<br /> .. . . . • Baaow�and Leader odcrswise in�m�ths snms secand hy t�is _-�.�,:'�s=
<br /> . , Insnumart inunediatdy befur�the talring,anless � ;_° —
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<br /> , , " . . S�rit�r L�strumeut shall be raduoed by du amo�t of the pmoaeds mnitiAH�.I�-the fn�[owing fiacti�(a)the total amo�mt af �4"�-�' � z:::
<br /> . < � the sams sa�ed inomedFateIy befoie tfle taldng,divided bY @)the faa m�Yet value a�the PcoP�Y��Y beface the '� '�` "s �""`
<br /> ' � � �&�Y��sbaII b�paid Oo Baauwe,r.In the event af a putial ta)�ng af ti�Pmp�ty m which dte fair ma�Cet value af the. _ ___�`
<br /> . p�oPert�► immEdiatet9 before thc taldng is fesg than tbe a�mu of the sums sec�ed�Y bef�e the taldng, w'�css . -;��,���_�--�'--�__
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<br /> . , . �. � ' $a�mwe�r and I�ead�ot�ezwise ag�ee in wdting ar��ss app}irab2e taw othe:wise tuavides.the Pracceds sbaII be apptkd to the --tµ.._=
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<br /> • ` sams s�aued b3►dds Seaait9�n�u�n�t whethar o:not the sums ate dtea dne. ` � '�'''�`--
<br /> . . " 'S'_ " - __
<br /> : .� , . ' If the Prageny is abaedoned by Boaower.er i�aftea notice by Lt�dcz w Boaawer tLaz the ooudeanaar offeds w maYe�► _ ���,-
<br /> .�. .:..
<br /> _.. : :. . . _.. : .. .._. ..._.awa.r.t1 or s�tle a.ctaim far d�es,Baaowea fails tn respand io Lenda withm 30 dayg aftei tha date die nodce isgiven.i.enda :- -- -
<br /> , is awhor�zed to coIlect and agply the pia�eds.az its aption,ather tn�sm�a�on ai�oF t�seP��erty bi to iTie.s�ns"� _.._. . ,r��..v
<br /> � . by this Secatiiy InsoNmeatt,whether or notthen du� ' `;��
<br /> � Unless Ir�der and Barrowea othciwise agcee in anrifmg,aay appticati�n of gro�eds tn�al s1�all not e,xtend ar postpone ::�;�-_=
<br /> � � ` thedae dat�of dtemonthly payments�feaed to in patagraphc 1 aud2 or change theammmtof suc6 paytneub. . :.`�;$
<br /> . . --- Il..Barrawer Nt�t�eteagedi�arbearaa�By Leader Not a Waiver....Ea�sia� of the time far paymcat ar mo�bon ��
<br /> .� ' '. .� . af amortbation of the smms secaced by tLis S�aaity Insuu�ent granted by Len�et to anyr sru.ce.ss�m mt�st af Borcower sball �`��s t. .��5.
<br /> . . � �� nat opaate m r�e the I'iab�ity af die.ariginal Bmm�we�r er Boimwa's saocessrns in:ia�st.Leadar shall noi be reqaaed w -,.� _
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<br /> � ' . camme�ce p�oceedings aga�ast aaY suooessar in mt�est oz refose w ea�tead time far payme�ntar othrswise ain¢ify�aar�atian of :� �-�'
<br /> ` � � the sums secared by tbis Se��ity�nsuumeatt by�easan of any dema�ed made by the ariginai Bano��¢r Hmmwds succ�s .4 ;°'�:-
<br /> , �. . ' m intemst.Any fflrbeasauce by I,eudea in exe�cLsing any right or manedy s1rdU not be a vraivea of or pn�clude the execise of any �
<br /> . � right ar ranedy. ;:��
<br /> . lt.Su�and Assigns Sound;Jnint and Seve�al Li�b�ity;Ca-signers.TTis cove�aats and a� of tt�s � .
<br /> � • . Se�iry 1nst�ent st�all bind and beue�t the successars and assigns of Lenctea and Borcawei,sd6ject fa the pmvisions of :..�;;
<br /> -.._...._.....__..------ p�h 17. Harrower's ooveo�ts and agre��ts shaU be joffit and ss.weral Any B�raw�who �-st�s this Sec�iry �� � ,
<br /> � Tnstn�ent bat does not exer,ute the Not� (a)is co-sipung this Seauity?��+,m�t anly w martg�ge.R�aat and convey tt� `�" �
<br /> , � � � � Hmsower's interest m the Propearty ander the team.s of this Seciuity Ias�meafi N)is aot pe�sonally oblig�ated m pay the s�s � �`'� . �
<br /> . . . . � � secured by this Sec�ity Instiamen�aad(c)agre�s that Iander and any othea Boimwar may agree tn exteaa,madify.forl�ear or ,� .
<br /> ' .. • make any scco�amadations with regard tn the tnms of tbis Saa�ity Insuameut or the Note aithoal tbat$oauwea's wnsent a�
<br /> . � � � � 13.Loan Charges. �f the Io�sec�od by this Sett�nriry insuament is snbj�t to a taw wbich sets m�c�um loan cl�arges. - ,�.:�;�_
<br /> � . . � aad that]aw is fiaallq intapteted so tLai tLa int�est or othet Wan c�harges coIIee�d or Lo be co$ected tn co�eqion with th+e Ioan �;�,,,� --
<br /> . . � exec�ed 1he petmiued limi�.thea:(a)any sueh loan ch�ge sbaII be zeduced Dy the amomrt ne�sary►to red�ce the eharge co dce ;
<br /> . . . .. . . pelmiued Iim�an4(b)aay sums aheady cottected fmm IianawPa whicb exoeeded peamiited litnits will be ref�nded to Bomawer. �.��`?���=
<br /> � �. �may choose w maYe this refaud by reducmg the p�iacipal oweA und�fl�e Nute as by malcu�g a direct paymem W �y, :�- '.
<br /> :s:�,,,• �
<br /> � BOti09Vel. If S tefurid 1CdllCfs�S 1 A C I p 3 1,thB I�duCHoA wl�l bE CE8tEd a4 8 P�Pn%PaYm�l Ni1h0uL 2II�►Pr�3Ym�Il�Cb�Be ', r'?';..:.'_ :�
<br /> . � : .. •. undea the NO�. � . '. . :,.��;_
<br /> " �. � . ' . 14.Notiees. My notice to Boimwer pmvided for in lhig Seauity Instrament sha11 be givw by delivering it or by ma3ling it � `�"�... ��:
<br /> � , - . b fast clasg mail im2ess applic�able 1aw re�aires use of anothrr mettmd.7iie aotice s6a11 be d�cteA m the Ptope�ty Addre.s4 or r,::..� : . .. :��
<br /> � . y ;'�r . .
<br />- . � any othe.r addr�s Bormwea designates by natice to�.emdrJ Aay notice w Lea�dea shall be givea by f�st c1a�s mail oo L�ender's . . � . • .
<br /> ' - � � ` ' addres.s stated heaein ur aay othea address D,�endea desigaatcs by nodce w Botrower. My notice provided for in this Sec�riry � ,.
<br /> `��`;. Ins�t sLall be dezmed W 6ave bee�givt�m Bmtowet or Lettder aheo givc�a9 pravided in this patagteph. . .. .• ..
<br /> ,.,. .
<br />. : - . � 15.Govtm[ng l.aw:Severability. 1Yms Secmitp Fa�satunent shall 6e govemed by fedaal 1aw and the Iaw of the . � y
<br /> � { _� � � _ �don in which the Propeity is Iocated:Ia t���that any pmv;sion ar ct�e of tfis Secarity Iasua¢ne�t or the Note � � �� . . .:
<br /> . canflicta with aeplir�able Iaw,sach conflict shall not aLiect othea pmvisions of this Secarity Insuvment ar the Note ahich can be :
<br /> =- . .� . �vea effea witicout tbe oonflic,�ng provigiuu.To this ea�the prav;sion�of tLi.s Seca�ity Iaswmeat and the Plote ar�d�lared w
<br /> � � besevuablo. � .
<br />— � • • � Form so2a 9r90 ,
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