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<br /> ��.u�����:�� . . . ��9�— a�c��.a.se ��, . ;
<br />�' �'�''��''������ . • BnTnw�r mny cura s�ch n defsufl Qnd rNnatete, ao provlded m parAyrepN 10, by ceualn�iha actlon or proceed'np to be �
<br />, d�a:��1x•rwti w�th Y Nlilt!�lh�i,In Lenda's pood Pelth determ�R4lon, precludee toAoituro oi the BorrowE+'s Interasl +'n the Properiy or
<br /> " otlms rn�ta:lal Ir��pa4�ent o}tho Iien crenterl by thls 9ecurty Instrurnrnt or lendee'e oecuHry Ir�ir:rest. porraelcr�hall rl�o 6o in
<br /> cit."•sattl It Oarro�vcr,duii,�a tho lonn epp:lcatlon procc�a, p��o materi�l���elso or Innccurate intor�uuan or etateme��ta to Lmder(or I
<br /> fn'!.����t In provide Lmdk with eny matwial Ntormation) In connectlo� with ihe loan mvldeacod by Ihe Note, Inciudlnp,but r.ot -
<br /> �.r;.•� Pinftpci tn, repreemtatlone cortcwnlnp Bonawe►'e occupancy ai the Propa�ry a9 a pdnclpd reeldence. If tAle Securfty
<br /> ��`�� '" '' ��'� . Inetrurnn�t la on a Iseahotd, Bartuwa eh�M co p q
<br /> '_','.t�_�ra�
<br /> i-��:`•� mp wHh s4 Ihe rovlsione o} the leaae. If Burrowar sc ulrc� fea tillo to the
<br /> , Pran�r:ty, t�ie I�aechoid�nd th�fe�tltl�ah�M not merpa unleaa Lendar��reee to the merper In wrUnq. � '-
<br /> _ _';11;?r;:-y�;i� 7. Prat�ctlon o� L�nd�r'� Ripht� Ifl thw Prop�rty.N 8onower faNa to patarm the coven�nte and ogrexnenta '��
<br /> ;.�;;"' , cantnUind In thle Secudry Inetrum�rnt, ar these i� e legal proceeding that msy sl�niflcc�nty etteel Lenda'e rl�hts In the Prop�rtL�
<br />-�_;:.: (ouoh an a proceadlnp In b�nfwp2cy, pmbate,tor condefmatlon or torfeiture or to entorce I�ws a ropsriatione), then Lender may
<br /> ��lp;,'�a.. . ,. —
<br /> _ ,�'' dn snd pry tor whatwer 1� neceae�ry to protecl the vaiue of the Property and Lmder'a rlghW In the Property. LendeYe acUona
<br /> - ' `� m�y (nnkida paylnp sny eum� oecured by � Ilen whtch has prtority over thls Security Inatrument, eppeedng in cour6 pnying
<br /> }� `� rnannnoirin ettomry9' fee� and enterfng on the Property to make repaks.Although Lmdar may teke actlon under this ara •� �
<br />" � �'-�x�' 7. 4enclnr doea not have to do so. p �h �
<br /> ' �y�.', ,,�,..f;��u• ,�i Anir emounts dlsburoed by Lender under peragraph 7 sha�l become addltlonat debi o}Bortower secured by thls Se�t:rt,y f
<br /> -�^� �� ;,, Infltnurmnt. Untes3 Bortower and Londer agreo to othar terms of payment, these amounts ehaH tsesr interest from ths data o! �
<br /> t• df�btuanmont st the Mote rate end shail be payable,wfth Mtefest, upen no8ce hem Lender to Bortower requestksg paymmt.
<br /> -- - i�' 8. Mortga�gs E�sUranCe. t} Lender r�quired roortgage Insutanca as u �onditlen ot �akfng the loan aecured b�a this �
<br /> - t<<` Seuiirtf�r lnafiiment,6artower shaN pay the prertelums requlred to cr��inTe?n the mart�age insdrenzz In e(fect. 11,ior any r�ason,tho I '
<br />� . � _.!��.� mr,r?��»�� Insurance crnemge ieguireel my Lender iupsas or cPases 10 be(n eftect, Bortower shal pey the pramiums requlrtad to
<br /> ' �r%�• obtEi:rr cvverape seGsteutl�tty equ(vaient to the mor3c�aga insurence prevloualy In eftect, et e cast substanUaty equiyatent to the y •
<br /> ' �-;"�� ( coot tu Bortower o1 tho mort � �
<br /> _�; ���, .� gage Insurance previousiy In effect, from an eftemete mortgege Inaurer approved by Lender. If
<br /> '!�- • .�„`�+ aubntEmtinly equiv�ent mortgage Inaumnce coverage Is not nvalleble, Borrowa ehnA pay to Lender oach month e aum equal to - ,.��.;
<br /> _ onatv4��lflh of the yr_rfy mortgaga Insurance prcmlum bstng paid by Qorower when the fnsunnca coverape I�psed ar cNSed to f � ,:ti•��t'�
<br /> b� In etluct. Lenda wiN accept, use and retain these paymenu ae e losa reanrve In Ileu ot motlpape Insu�ce. Lose reserve I ��t�'•:-:,`,'°�
<br /> � , i pr,ymflnta m�y no lonyer be raquked, at the opUon of Lende►, N mortgege Msunnae covaray�(in Ihe�mount snd tor the period � • � �
<br /> '� i;� thnt i.nntter requlree) provldod by an Ineurer �pproved by Lo�der ap�in becomea ewHable �nd la obtdned, Bortowu ah�fl p�y ,�
<br /> �•• �: tho pr�miumf nqukW to rrNintdn mortyapo Inturmc� In elfsct,or to provid�� los� r�serv�,unti th�nx«�k�.R; r�. �N,,.n. �. �fw� �i��;j�;s;�
<br /> . � ;, �;� iiiidiiiinn. end� In�caordmce wNh my wrNten�presment beNveen BovowN�nd I.ender or apFNc�ble I�w. i ����:
<br /> , , tP. In�p�ctlot�. Und�r or It�ap�nt m�y m�k�rea�ontbl�enirtu upon�nd ImpatMne of Ih�PrcpKty, L�nWr ehtN pM� � •-�x_`
<br /> , Qe�ttawrr nolke rl Ihe tkn� o}or p�lnr Io m Mep�etlon epacltyinp rsaon�bt�c�u�e lor ih�Intp�ellon. ' �'�"
<br />- : +�, �0. Cond�mnNlon. Ths proc�ede ol�r�y �ward or ckUm lor d�ma n, dinc0 0►cono �``y'�'��10°��
<br /> 9 �qu�ntl�l, In connr.tlon wNh any
<br /> . �� '� aondur�ntifon o� other loklnp ol any paA ot the R•opnNy,or ior conveyanca h Iiou o} Gondwnn�tlon, �rs hNSby aeelgned �nd � �
<br /> '!"w� ehnfl be pald to Lrnd�r. -
<br /> �� tn Ihs ev�r►t ol • total t�kinp o1 th� Prop�Ry, the proceede ehaN be �pplled to ihe euma sscured by thls Secudty
<br /> r+ •N Inninn�nnt, wheth�r or not then dus,wRh�ny exceae p�ld to Borrower. In the event o}�p�Alal I�kinp o}the Property In whlch �
<br />_ �f; , iiin iuir maricni veiue oi i6s �opertyr immeuu�ter� betoro the teking le eqwl to or prater than the emount of the eums eecured `�"t``
<br /> �,� by thfa Secudly Instrummt Immedl�tey betoro ihe uking, unlesa Borrower end Londer otherwtee egree In wdtiny, the sum� � ,;..,t.,' '
<br /> �. � eeourod by thl� Seairtty Inatrument s!►eH be reduced by the amount ot the proceeds muklplied by the tollowing inction: (e) the
<br /> ; .. tntsd amount of the auma secure� Immedlately betoro the teking,divlded by (b)the felr market value o}the Property Immedlatdy •I���i'
<br /> � bo�ar� Ihe t�king. Any beknce ehaH be pald to Bortower. In the event of e partlal tak7ng of the Properry In whleh the ialr market �t�°
<br /> - s- wdua of the ProRerty Immedlately betore the teking is less then the amount of the suma eecured IrrsmediatNy before the tnkinp, ; •��.,u ��
<br /> . ;;; unitias Borrowe► and Lendar otherwise agree in wrfUnc� or unless app{Icable Iaw otherwlae provides, the proceeds shall be ��' •
<br /> ,,,,r�;,, nppknd to the sume securod by thia Security Instrument whether or not the sums e��e thm due. . �
<br /> � If the Propetty Is abandoned by Borrower,or B, efter notice by Lender to 6onower ihat the condemnor ofters to meke en .` �K'►x
<br /> �.:i awtnni or settle e dalm for dumeges, Bortower falis to respond to Lender withtn 30 days efter the date the noUce la gfven, ''""a!�' •
<br /> ;�� Lender la authorized to collsct and eppty tho proceeds, at tts opUon, e(ther to restoration or repelr of the Property or to the ' "r
<br /> �,. , � . • sumu secured by thls Security Instrument,whether or not thm due. . . `y�C�.___ ,
<br /> ��' �'�` Unlasa Lender end Borrowe► othenvlse agrea In wtlWg, nny application of proceeds to prindpal shall nof extmd or . «�''�•T �,
<br /> �',�:�'� ' � "''� � poolpone tho due d�te of the month . . �� —
<br /> � <�� , y paymente referred to In Qaragraphs 1 and 2 ar change the emount of such payments. �y_;s�-_
<br />:'�,u.,�; , 11.Dorrow�r �Vot R�leassd; Forbearance By Lender Not a WaSver. Frnension ot the time for payment or �'.�"�•"�
<br /> ^ , � modfflcaUon ol emortizaYion o}the suma aecured by thls Security Instrummt grented by Lender to eny euccesaor In interest of J
<br /> Bon:ower RhoN not operete to releaso the IlAbiliry oi the original Borrower or�or►ower's succeasoro in Interest. Lender shdl not (� ,.:��.
<br /> � j � bo raqWred to cammance proceedinga a4falnat any successor In interest or retuse ta exRend time tor payment or otherwiae 1��.`� '! ` '�
<br /> . .. modity amortizetlon of the aums secured b y thls Secud ty Inatrument b y r e a s o n o f o n y d e m a n d m e d e b y t h e o r ig►na l Bonower or � ' ":.', '`
<br /> _ -5i Bomower'e successoro In InterASt. Any forbeerance by Lender In oxerclsing eny dght or remedy shall not be a wahrer ot or � �1
<br /> M"�K
<br /> prnclude Ihe oxerciae o!any efght or remedy. , �.
<br /> _ � 12. 5uccsasora and Aeslgne BouncJ; JAlnt and Saveral Llablllty; Co-signsre. Tne covenanta and
<br /> � ; i � ngroemento of this 3ecurity Instrument shall bind end beneflt tho successors and esalgns af Lender and Borrower, subJect to the " ��`'
<br /> � �r �'.�.:;�ti' provisions of peragraph 17. 9orcowePs covenenta and agreements shall be Jofnt and several, Any Borrower who co-sign� this
<br />_ ±� '� • ' Socuriry Inatrument but does not execute the Note: (s)is co•signing thls Securiry instrument onty to mortgage,flrant end convey
<br /> thet Borrowe►'s intoreat In the Property under the terms of thts Secudty Instrument; (b) Is not personally obllc�nted ta pay the '
<br /> . suma secured by thla Sncurity Inotrument; end (c) agreas that Lender and any oth� Bortower may agree to extend, modity,
<br /> - fo�l�exr or make eny accommodations with regard 4o the terms of thls Security instrument ar the Note wHhout thot Borrower's
<br />_- consent. •
<br /> � 13. Loan Chergai. If the loan secured by this Securily Instrument Is subJect to e law whlah oots maximum loan �
<br />- chnrflos, and thet law is flnely I�terproted so that the Interest or other Ioan char¢es collectod or to be collocted In connection i
<br /> with the loan oxceed iho permitted Ilmits, lhen: (2) any such loan charga shall be reduced by the amount necessary to reduco I
<br /> tha charge to the pe�mitted Ilmlt; and (b) eny sums nlready collocted from Borrower which exccedad pertnittod limits wlll be
<br />_ rohmded to Borrower, Lender may choose to make thia refund by reducing the principal owed under tha Note or by making e �
<br />-- . direat payment to Borrowar. If e refund reduces princlpal,the reductlon wlll be treated aa e partial prepaymcnt without any i
<br />-- propayment charge undor the Note.
<br /> � 14. NOtlo�l.My notice to Bortower provided for in thls 3ecurity Instrument shsll be gNen by delivering It or by rt�alGng It �
<br /> by Arat ckse mell unlese eppllcable I�w requlrea use of anuther method. The notice shell be dlrectod to the Property�Cddrese �
<br /> or eny other addresa Bartower designates by notice to Lender. Anv noUcs tn I�,do. oheu�,a.._., w.. a.,.. �___ __,. ._ L—_.--___.—._
<br /> . -.__ _ _�o..�.. ..� .�o• ...avo man tV i"'_—_"_—'_.
<br /> _
<br /> __, lender'e addre�s steted heraln or any other addreso Lender deslgnatos by notice to BoROwer, Any notico provtdnd tor In thls
<br /> _ � � 8ocuNry Instrument shnll be deemed to have boen given to Borrower or Londer when given ae provided In thl�pumgmph.
<br /> �_� 1.ri. Governing Lsw; SeVereb[Ilty.Thls 3ecuriry InsWment shell be govemod by t�aderr►I law �nd tho law of the
<br />— ' Juriadletlon In which tho Property is located. In the event that any provfsion or clause oi thls Security Instrument or tho Nnte
<br />= con111cta with eppUceble law, such conflict sheil nol ettect other provislons of thls Securlty Instmmant or thu Note which can be
<br />-_. __ (Q�VB� �NBC1 W�thm�t fha n�.nei..��..tl r�D::L::..^.. T'O:!::.^, oi�Cl LI16 NiulibiO({S O}tIIIS SCCU►�fi• �_:;�.'.-.:�fi . .
<br /> — be aoverablo. . . ��.: the Note are declared to ..
<br /> =.' 1R. @orrOW6r'e Copy. Borrower shall be g(ven ono conlortned copy ot the Nota and of thlA s�curlty Inst►ument. •
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