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<br /> • . ' �orrower rtffiY aae sueh a deiauit aztd�st�e.es provIded fn paregteph 18. by eaustng the asttcn ar P� _ ,to 6e . _
<br /> ��•L '2 ,r '� � dtsn�Issed wftt�a�trtg thaL(fi Lend�'s goad fafth de4�rnH�atIcn.Pre�das fmfetOua of the Barrow�'e Urt�es3 in fhe Ptoperty or . �. . ....� . ,. ---
<br /> �_ `-� ` otif�rtsa2�hr�neEt W tho lla��xd by this v�;��+��stru�ent ar I.eidar'a aeeurSy t�casL Banawar sha3 atsn Oa Irt � ` ,
<br /> . . ` . � � ` • d�Rt B B�rower du�tng the[asn ap�S�IIan pm�ss.�va matgieity tafse m tnaaatrate 6�tomtie�an cr statemee�s to leid�(ar ' < • -
<br /> . � te..Red to R�ovtde Leida w8b any m�trttom�tion)in cans�edtcm witt�ffie tean ev:de�ced by t0e t�tot�induc6ng,�ut noi � ' .� -
<br /> . ' GmHed to. n�Drese�Yans e�m�tning Baaowas aeatpancy of �e Pmperiy as a pr6rcJpat restdeia� !f th1s�S�su�y � � , . -=-.
<br /> � . tnswmant is on s[e�seho�Bartawa�eluD crort�pH�e9 tAe pnovWans at ute��� if Bot�awa aequlras fae ffiie�to the - ' -=
<br /> Propary,ttie teasMatd�rtd Ne tem t�e ah�nat�erge unies�Leider agees w trte m�g�h vr�ng. O „ . � " �
<br /> .4: �; • �- - 7.Prnt�ektan of t�Rd�e's Rtgt�ts in ths PropsRy.tt B�maer taDs td per[aem tRa eave�snd a�eeneds . ..O � ,�. ' ` � • =
<br /> . oa�trted(n thta Setatrlly tnsRume�sL at ffie�a f�s[egaf pro�tg Utffi a�y s?�stBwnUy aged Letdee's dgMs[n tha A'apety � 1:• :.:_ . - , `�:
<br /> , . ' _ ' isuih as a proeeedmg!n 6anfwpfelr.prabate.tor conde�adtan ot foR�Aue or to�fams taws or�ans}.then lenda may . . • . -
<br /> - - - , do ead pay tor wha�+rec Is nece.ssenl to ptoiect the va0te of tho Praaery and Lendeds�fghts in the Prageh►.'LendeQ's ettians � � , ' '•
<br /> - .�. � �= '- . , m a Y tn e�t d e p a sdn g a t t y�s seauee!b y a Qen whic4� hss Pd o c?t Y ov�thls S e a u B l l InsIIum�t e A BearUt g 6► wur�.P a 7 M 9 � � 4.�.
<br /> _ , :,`�--%"`,J reasanabte agameys'fep artd e►tertng on the Prapery to malce'repahs.A�hough L�der msy�edtfln und�ths p�a�h • . .., -
<br /> , , , 7.Lend�daes nat have to do so. -, `• . .
<br /> . Atry atrm�mffi disbtnsed by La�der unda p�a�apfi 7 sha�6ecama ed�de54 of Bartower seatred by th�s 3eaugy , ., .�; , . _
<br /> . - - --- : --. .. tnsCumertt tl�ess Borrowec artd Lend�ag�to otha terms af payme�U►ese amouNS sha8 treat 8ueest 4ntn Ute date af �
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<br /> •3�-- .-�- - eGsb�nsemert at the Note�ie m�d aAay�e payaD'.e.witt�inierest Won aotic�tram Leetd�to Ba�er�equsssBn9 p�ym�t • ..�.-�.';.�- ;•
<br /> ' ' - , " 8. atoetgag� hiiUl7itCl.H I.end� required moRg�qe fnsu�aaes es a ean�ttar►af�g the[aan-aeaued by th�s . . � �,. . . ., .
<br /> � � . � � ' SeauEh/Natrwnent.Bartawv sha!pay t5e praniwns re�tred.to rt�ffie mort�ge tnsman�in e1Ia3.8.far e�ry[e�soa�.t�e �'`�-:r�``'�• •�
<br /> - .�.d.r-',,..'�' -�.�+1�.
<br /> • ` R[OI��$E Itt51IIa110B GOVl1Q�[CQ11�{�}f�.�'if��SES Q/C�SES t0�Se�il C�lC�.BOf[6NfB 5}q�Qly�10 Q[�flQU�LO .�'.;'ir-= . _ - --a
<br /> • . • • o�eov�age substartBaYy equlvatatt to 4he rttortgage tnsur�ce pre+rfausty tn etTeet. et a mst suEsffintiaQy eq�i'ra:ent ta Bie - � .�...��z
<br /> ` cost m Bomnwa of tAa thartgage tnsuran� �eviously tn etfecL flnm an aft�te rt[o�ge insu�applaved!sy lpnda., U •T�.��,Y.-
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<br /> " . ' � su�Yy►equhaknt mart�ge Fnsurance co�aage ts noi a+ra�bt�Boitawe sAa!pay W 4ei�r aeA montA s stun e�at to � .,>, ..f:=-=�-�_.
<br /> ` :,i _,. � - ocieflvefrtA o!the � be�4 paId bl1 Borrawa whai the fns�u�ce cmreca�a�ps�i ar c.as�d to �`�
<br /> r.�. _ • Y�Y�4� D� ';�a.:.;;�--_
<br /> ,:: . . ba h eKeA. Lmder�1 ecapL use and retatn th�se payrrtens as a tasa reseve in feu of mortg�ge ina�aarfes Lass�assve ;•-,�_---
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<br /> :, _ : -. • ' psHne�ts may nn tortgQ be t�utred,�a!the aptl�n af Les�►It maKgage tnsu�tee cmreaga(fa the�mt�d fas ffie peTcd ,,. .�`�-.�-
<br /> � . , • _ that Lertd�er neqnY�es)Pmvtded ay�inswa approved by LertdQ sgeh Eec�mes avaiFabte and ts obUined Bortowa ahdl p�y : . ��Y t� �
<br /> - the premH�ms ce�CUed to�.nwrt�ge tns�uance fn eKect.or to pravide a tasa roserve.�e�U7 the zqutema►t tar�xat9�ge , .�,,,�:�,
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<br /> ,. .,- -. . . 1 .__ �. .'- .- --. .... .tnsiaenoe ends h agcot�nce witl�_a�MrtRten.�eenent_6atween.Bortow�and L,endes ar�abte-Oi_w_..---.----.--.-------..._ ._ �
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<br /> , • 9. Insp�o�.Lettder cr fts a�tt may rteakia reasonab�e a�tries upan end tnspeeKazts oi ttte Ptapery. lat�r s4iai gi+re - -- - �` '`_�.
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<br /> . : � gotmwvrl noSce�ths Eme ot or prtar tn�tr�speetion sPemy6�9[�+asana6la�ause tar the t�pecttan. ! -'�'°�---,
<br /> ._ . 10 Cottdomnat�on.Tha P���af azry award or cta�n tor damages.G7eet a wnseq�ttlab�aonrtadtaf rwdh any �'' �� -_
<br /> , � � � ' arndennaYon at athel ffitdng of arry pa�t of the PropeKy.or for eomreyance!n Cceu of eand�atiaa,�e hs�ehy ass�g�ed�d ,�. -
<br /> ahas be patd M Lenda. F
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<br /> , . tn the eveA W a to�l iaking a!the (�ropeity. the proceeds sha11 be �p�ed to.the simrs seaued by tAts_3eau�lyl ..
<br /> InsfitmerR.vrhbther or not tha� due.w�A any access patd to Borrowe. tn the eye�t af a partiat tskhg ot the Prapertyt tn wtdrh ;'
<br /> the taU marl�!vatce o1 the ProDert7l ic�me�i�N b�fote tAe ffidng ts equaf to or geste�tl�an the ano�mt ot the sums s� � .. . . _
<br /> , ; . .. by th� Seaufry tnstrume�2 6irrt�Qefare tAe�g, untess Bartower end Lender otAe�wLse agee fn w�Birtg�tlfa sums . .
<br /> �, ; .-� . seaired by tl�fs Seam'ry trestrmt�art sha9 bs cedueeYl 0y the asnourtt of tRe proeee�fs rtu�tP�d by the tatowhg 6acUen: (a)tAe . -
<br /> � totel amawt af the auras aeaued 6nme8ately before the�g,�rtded Dll N)tha fair merksY vadce of tha P4�apmly immediafely
<br /> • betace the taidctg My balanee shaH be paid to Bartower.In the eve�t af e pffidal taldrtg of the Praperty tn wh:ch tho ta3r marfae! . ,.
<br /> "` � .. . � va8ie a?the Propsrly Umr�yl 6efaro the�Y[9 is tess than the amewit ot tha surt�s seaued inr�y be[ace the midn� �
<br /> _ .- . ' tmtess Batrawa artd Lende►atfiecw�e a�ee h wrN�ng ar unfess sppBpbte�aw othmvfse pravtdes. ffie pratceds st�if be . . � ='
<br /> • � appied to the s�ans seeured by tlds Seaciry tnstrumeat wReih�ar not the s�urts are ttte�du� , � ` ��
<br /> _.. .-_..,-..._-='--- . . � • '
<br /> If tAe Ropary is abandoned by Qorrower.or H,after notlee by Lmd�to Borrower that tke condemnar ottds to make as� � � �;��,. -
<br />�, . eward or s�tfe a �efm tar demages. Bartowa taLS to resparid to Leida witlQn S0,days eft�the da2e the rto&e ts gIvet, . -
<br /> • � ' . ' Lender b eutha�ed to eaHeci and aPpN the proeeed9.at�s opSan.e3h�tn restoraf2an or r�air at tAe Pcaperly ar tu the � � .
<br /> sums sec�d b1►Ws SeaaftY(nstrmrtent wh�Sha ar not then�e. , '` ``
<br /> �' ' . . � � - Uniess Lender and Bortower otherwise a� in wr@ing, anY ePP�Ian oi proceeds to prindpal shaY rtat e�Re[d ot � •� f.i� �
<br /> ' . - .� ' ' Pos�orte the�e date o1 the rtscnU�y paymertb retrlred to in par��aphs 1 and 2 ar dia�nge the amourt af sueh payrnenTs. � . �v� .
<br /> . � 11.BoROxrsr Not Rat�aaod;F orbeuanes By Lend�r Nt�t a Waiver.EE�aens�an ot the ti�ne to�paynknt ar • ,
<br /> - rtio6fie�ton o!artwrt�Uon ot the sums securad by Ws SearEty tnstrument yanted Dy Lend�to any suce.e�,,so► tn hteest of � • .
<br /> , , Bartawa ahaf not operate to ndeese the ieb�ity of tha adghal Bamower or Bortawe�'s saccessas in Nterest Lertder sf�nat �� , �
<br /> . ... � . . ... be�qutred to wmnence proceed'ngs against mry su�sar N �t or raAise t� e�de[d tYne tar ptymeri ar oth�e F • . ,- . .. .
<br />_ • tnaQdj/amo�lan af Ne sums setu�+ed by thLs Seaufty Ufstr�uneR Ay reasan M a►ry denattd made by ffie af¢�al Bartowa ar f • '+� •.
<br /> ' � . .• � Bar�owds suceessors in tnteest. 11r►y brbeerar�oe by Lender En exerdsing arry Aght or rar[edy sAa/not ba a waiver ot ar � .:'��.
<br /> - ,: , . Preohida tha exeretsa ot any.rtgM or rernedy. y , . . �,; :•-
<br /> � . 12. Sacco� and Asslgns 8ound; doint and Several Uabit� Co�stgnara 7ne eove�aMs ana , � . .
<br /> • - ' agreernenta of thls SeaQft�/(nsbumerrt shaY bind and bene6t the suo�essars and asst�s of L�d�end Bomaw�subject to the � �
<br /> _ .. _ _. ,_. .... . prarisians of paragapA 17. Bartowa's covenants and a�ernerts sha9 be ja�t end seYeraL Arry Baww�who eo-si�s Ws ..
<br /> . .- , • - Sera�rftq tnsfimtent Cut daes not exeane the Note: �a��s eo-si�ung ws sea,r�r rr►sonnnem ancyr eo morcgaga.�art ana convey j � � �.
<br /> ' i,: that Bortowds interest�tAe PropeRy�mda tAe tems of this Sea�ty 6�strmnenx lb)ts nat perscnaSy o1�Hga2ed to pay the f '
<br /> : " , sutn9 ssared by this Secu�fty tnstrume� and(c)sgrees that LeiQer and etty otAer Bartaw�may agee to r�dert�rrmdi�t. � �' :
<br /> � , . . t��beet m meke enyl acca�sodatiarts w3h regard to tAe tenns of tN9 Sea�igl fnstrum�!or fAe Nate wiU�out thai Bortowers ; .
<br /> :.t
<br /> .- . _ .- oonsertt. j .
<br /> ' 'f-� .. 13. L+oan Chsrgss. U the taan seauee Ey thls secur�y msu�nent is subjea to e taw whtcn sets mazimum cean "•
<br /> chacges.and tt►at taw is firtaty(rtepreR.ed so that the inteest or atna Wan eharges ooseeted ar to be coqected fn eam►eatton ' �
<br /> - � �. wfN tM ta�n exceed tl�e partrtted irt�s.tAm: (a)emt sud�toan cnarge sha9 ba roduoed dy the smow�t neeessary to re�coe " .
<br /> ,. the cherge�o Ute pertf�ted 6nIC ettd�)enI► sums atmdy coteeted tram Bnrtowa wlifeA exoeede�pamftted fm�s w�be . . .
<br /> - � ce[Imded to Bortawer.L�d�may cDoase to meice Ws rellmd by reduchg tAe pnc�Fyal owed under ihe N�e or by meichg a � .
<br /> - - � d'irect payrttent to Barrower. If a cehm0 te�tces pr6tc�tfte r�ut�on wID 6e Q�ted as e pafial CrepaYment witftoul any
<br /> _ . . .- - � ptepayntent eharge unde ffia Nata
<br /> . • ' 11�.NOdC��My notiea to Borra�xa provided iar in thfs SeQUHyr InsGmrta►t sha9 be given by Qe�rer6�g H ar by rt�ng it : , .
<br /> , . by 6st rltss rtu�uniess spp(inhle f�v requkes ase of 8natha method The na8oe sha➢Ee due�xed to the Rrapary Qdmress .
<br /> '� .. ar arry atAer adbess BocmYV�t dest�ate�by notiee to Lertdef Ar�y ao6ea to Lender sha9 6e gNe� by Srst dass mail to . .
<br /> _ . Lendds addresa smted herel�f ar arry ouer ed�css Leader desig�ates by rtoHoe to Bartawer. My notioa pro�rtQed for tn this •
<br /> . _ SeauEry bstrtuna►t st�ai 6e deetud to Rave�en gVen to Botrower or Lender wRen�'cm as pro7fded in Uus paragap�. •
<br /> . . , 15. 6evamtng Law. S�nn6ility.Th1s Seauay tnsbument sAaD De go�lemed 6y t�a!tav�end the taw of the
<br /> pufis�etIan tn which the Ptapery is Ineated fn the eveat tl�t any►proidstan ar�lause ot ML9 Seeuriry tr�s4um�ft ar tRe Note
<br /> . .. eanBds wHh sypYeahie ta�r,su*�„h ca�i�4 sha7 rtat eRac!atha pravtstarts o!1hLs S�I fnshtur[ent or the KoSa wiitf3t ean De .
<br /> �`+' --: --- - � �ven cff�wQhout tho corffieting pmvistan.To tht9 end the pravtsian9 af Ws Sewr�y Oastrartsei!end tha t�lote ere dedared to � �
<br /> _.. . --- � ba severabte. .
<br />- � 16.BOffdYY�i'9 CO�y.BortGrnia sftc39 bo gPien aae tot�;amted�ay at the I�Iote ettd oi W9 Sequ�}►Irtstrum�ft. .
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