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<br /> _._--�...�--..-- ' ' eoROw.►nNn►c,m..ueh. ael�ule r�d nk►�4t.. � podd.a!n p.n�pr�pA te, b�►a.i�as..a�on a poa�arM tv w
<br /> --4�_' �_-.� d�a�d wiM a�uMny�tML In lea�fs�ood Nkh dMwrNn�n, PradudM IoA�lk�rs d th�9arawa'�InMn�t Mf�Prop�y ar
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<br /> .°.--.;,,,,�.,�v�� - otha matMtd Impdrnhnl 01 th�fen arwt�d b 1►thb 8�owiq►Instnxnp�!c�L�ndw'�uaMllY M�t. 6ortnw�►�hN M�► M b
<br /> d,.�u;t E!k3a:ra::�r.d�crbtD tha t3� cp,sn"r.-L'�n pt�=�a,�;.z•a t:�t�k.'"�t_:a�t{nIIC�:trttt�!�!�st��'ar�or a!a!�!�!�to!�!�►�!►(a �,_.__:
<br /> :.:=�r'�'"'.����'•�,- taNd to pnta+rld� LendR wMh any rtwte�!htortn�tion) h oonnsctlan witt�ths�o�n �+rfd�no�d G�r tM Note� Inaludktg,but ea1 _
<br /> -=''.-'�"r�^� K.�� WHt�d to� ta,prrswftWom conc�rt�►0 8on'ow�r'� oea�rtaY o1 tho Propwty a� n p�ind�i rafd�na. H thi� Ssaxily —
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<br /> __—�:.�� r �mtru�n«�e a on.le..enota, eorr�ow« snw eomptl►wKn tl cn�prov6�km• d an Iw�.. n earoww w��Mu.q.aw�o u�
<br /> -:;"`''�t`k N� , pto�rty.th�f�s�haid and th�Us INM ah�1 not mw4�unia� L�►dn��et to th�en�tpar N wrlllnp.
<br /> - _ =`��- 7. Prot�etlon d L�ndN''�RI�NR�tn t1h� Rr�et�l.It�ortc+ar 1w to pwl�nn th�oar�tNrx�tnd�prMnNne�
<br /> _ -;.�w=�'7n8- th�t a+n►W O n M a r►t A►�tbot LmdM'��Ipt�b!n 1M P��q�rly
<br /> ._,, a o n L h�d� t h i t 3 e a p r l t y t rt s tr s w n�n t,o r t h e n N a M p M p r o o�p
<br />-,''-�`�-_+;;�.'-.��` (sur.h ae�proowdt►p b b�uptap�P�'K�����:�-°ra:s.� or tort:.xuza ar to rn!r.*c�N:m er re���!_"_ana).tAen l�-r ar�y L --
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<br /> •-= ;,: do�nd pry fa whatMn►N rnass�rl►t�Drot�t th�v�iw d the P4opMty�nd L�nd�t's �yl�h h 1M Propwfy. L��"��cM�ns
<br /> .t', m�y hduM P=!�0�I► �wrN aouiwl bY M Ynn whtcb Iws qiixky anr thM 8�a�ih► Mslnrewnw rPPwlrq in oourt.PMRY
<br /> = .�.,_���: �sonab{�a�omM't�w�nd nt�hp a����P�Y to m�c� n�p�M�.JI%Aou�h L�d��ry t��clion undr►thb p�n�ph
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<br />-r:"�,•, 'fltYxS�?!!�7�.�. 7.Ld11dM d0l6 ROt IIIV�t0 d0 tO.
<br />" My�mo�mts d�aburs�d by Lender under P��Ph 7 eha� b�eotn�addlBon�l d�b!o! Bonow�s�aHSd by thM C�axNY
<br /> -, .. = � Inatrumeirt. Ilnbss Bortawer�nd I.a►dw�yn�to a:ha t�nns ot p�yrnmb th��naunU ah�N Mr intrrot tom th�datf of
<br />. . ,�.• disbursanant a1 ths Note nR��nd eh�il b�p=y�bM.wilA ht�rwt.uP�nat{cy f�rn La►�r to Borraar��tt�t0 WY��- °_
<br /> , ' ;;: �.. 4 . B. Mo�lQa� Insu�nc�. tl�aM�r nqut�d mat9�� hsu►�na ss w aondl�on o!m�idnp tM lo�� s�arad hy tt�
<br /> . �. Secu►ity Inatrumer►t�Bortoww shv WY the P����'b to m�YiWn th�mat�inwrana In�tbct.N�tor�►nat��tl�
<br /> � moRg�ge baunncs ooraaps roquind by Lenda bpaea or ceases to b�h�Ibc�i.Bomawr eha(i pq tt►�p�str�n�naind to
<br /> .. obteh covcrape eutrsta�►tIYYy equMaknt to the maty�0e haurarees pterlouay In �If�cL at a coat wb�latNi�jl�qukdmt to N�
<br /> cost to Borrawer ot Me rtwrt�ps inwramx provlous�Y� �irom �n dtrnete matp��Inw�►�WP�otitd by Lmchr. It
<br />::`{: � ." z. subs�►yyy equpaia�t mortp�pe Inax�na covRap�ts not aarbM�8ortower sh�pay to Undr each narttfi�w�n qwi W —
<br /> - � ono-iwelfth ot the Y��1I�9�8e hau�os P��m belno P� bY�K whw�th�inwtance cov�Npsed a a�sd to
<br /> �� be h e![eet. Lender wQ aooaPf,uae�nd►aWn thess paynbnts as a loas reaNVe In�eu o!mortp�p�Irtwtnw. i.os��nrra `
<br /> � � � p�yments msY no lonper ee�+qukad.et ths opdon of lreadar. N mott��hsurana aovaa�(h th��t�nd tar tM priod
<br /> thnt Lcnder�qulrea)Provided bY an insuror ePP►oved!►Y Lenda�ptln beoomes avaMbM�nd!a obtwtsd. 8arower thW p�y -
<br /> the pneiriums required to m�bt�t+ matS�ps hauwnce b ethat. ar to prorids a baa resena urdtl th0 requinrreent tor rtwrt9ay� :f-
<br /> inaunnee enda b aocordancs wM�arry w�lten apraement betwa�n Bortows and Land�r a�ppic�bN itw. _
<br /> .�,,; '"_ ' 8. (nsp�allon.t�enda ar its agent maY mske neasombte entriea upon�nd hapeetions o!the Proprry. Lender sha11 qlr� �-..
<br /> �,:.::.;r�' • 9orrowa nottoe at the tlme of or pdor to�r►tnapection epedfyfn9 roaaon�bte causs tar th�Inap�c�lon. -
<br /> �%'•:. '' 10.Cand�mnalion.The prooe�ds ot ar�y avrard or daim tor damaga. diroct a consequemW.b connectlon wftb rnyr °:-
<br /> ,.:
<br /> •'� conddnn�tlon ar other faWng of+my part o!1lte PropeAy. or tor conyeyance In Nau ot aondannaUon,aro he►aby aaaf��d and
<br /> I�:.."-:
<br /> shal be ptid to L�enda. -�
<br /> " in the erent ot a tatat teidrip of the PropatY. the Proceeds el�at be ap�ted t° the sum.s seaued by thts SeaxUy
<br /> tnsdumeM,whethe►ot nat then dua w[th any exceae PaFd to Bo�rowa. In the erent of a pa�laf tddnp of the Property b which �'
<br /> ���
<br /> . d'rne falr�i�ti�dt Yriu6 fii ti�8���!�ttl�L�d!1g 4tW a¢ul to or gieate�thsn the�moutlt o}the sums seoured �'sis�"
<br /> _ -_
<br /> . dy thb Sacudty Inatrument h�ned4tey befom the taldng, unie�a Boerower and Sex�da ofhawhe ayrce(n wdtlnp. tha eums -
<br /> secured by thb 3eourtty instrumeot ehall be roduced by the�ount of the proceeds muttlpYed by ths bMawYtg iractbn: W the �.�°
<br /> � " total amount ot the oums seourod Yn�nedi�tdY betone the taidnp. �rided by(bl the hk merket value M the Property Innnedttdy
<br /> � ,� ',;,i betoro the fsidng.My bet�nce ehaM be paid to Borrower.In the eyent of a parBel takhg ot Me Property in whkh the hk e�wkat � ''�
<br /> '•,•;t,.• value oi the Properly imme�tely befae the takin8 la lesa than the emoimt ot the surtea se�xa�ed Yrwnediatdy bdae the Wdnp. ..
<br /> ,,�y". `,. � .,
<br /> .�:::•,•. uniess Borrowe► and Lertder olhawise agroe in wrltN+g or unless appyubte I�w othawtse pravtdes. the ptoceoda ehal be
<br /> � •.c������ � ePA9ed to the euma saxued by tfds Securlry Instruma�t whethex or nof the sums are then due. •
<br /> �� � ' • B the Propaty Is ebandoned by Bomdwar.or N,after notice by Lenda to Bmrower th�t the condemnnt olfets to make an
<br /> • �� awerd or seiNe e daim tor damagas� �orrower fells to resPond to Lender withtn 30 dnys efter tbe date the eotlae b gNaf,
<br /> Lender ts autfiodzeJ to coUect end aPPN the proceeds.at its optton. eltha to rostoraflan or r�epek of the Propaly a to the ,
<br /> � sums secured by thla Securtty �nstrumeM,whether or not then dua
<br /> Unteas lende► and Bmrower othe�wlse agree M wriUn�, am► appltcaUon ot proceeds to prindpni ahail not mQend a
<br /> ., , po9lpone the due data of the moathry paYments referred�°In P�9�Whe 1 and 2 or change Me amourt of such paymente.
<br /> � 11.Borra�war Not Raleas�d; Forbear�nce 8� Lender Nat a Waiver.�ctenaion ot the time tor peymert or
<br /> • modif�xUon of amo�taUon at the sums seaured by this Sea[eity Instru�nem granted by Lenda to eny suooesaor in inter�at o!
<br /> • �� Borrower shall not operate to releaae tha IEabillry of the ortgbal 8otrower or�ortower's auceessoro in IMerest Lnnder ehd�ot
<br /> .• be required to oommenca praoeedh9s n9ainst ury su�sor In inte�est or refuse to e�dend Ume for payment or othe�wiae
<br /> mo�ty emoro�atlon of the sut�s aecured by thia Security Instrument by reasan ot ariy demand made by the orfgh�Bomawe►a�
<br /> �� 8orrowda suoceasots in inte�eat. My forbeerance by Lender in exerdsing any �ight ar �ernedy shntl aot be a waMer oi or
<br /> predude tAo exe►dse of eny dgM or remedy.
<br /> � .. 12. Succeseore and Asaigna Bound; Jolnt and Several Uebflt�I; Co-signe�.Tha corenants ana I
<br /> . , ag�cancrts ot thb eccxttUy 1n�ument shaq btnd and beneRt the suecessors end assigna of lender and Borrower.aubject to the
<br /> provisiona ot paragraph 17. 9arawets wvenants and agreen►enta ahall be joint an�saverat. My Bonower who co-signa thb � .
<br /> • ��. 3ewrdty Instrument but does not exeaite Ne Note: (a)ts co-slgning this 8ecurity Instrumen4 ony to moKgege,grant and corney
<br /> 4nnt Borcower's IMerest In the PropeAy under the tertns of this Securtry �natrume� (b)is not personaty obqgnted to pay the
<br /> ° auma seaued by thts Sewdty Instrumenk end �o) eprees that Lender and any other Borrower may agreo to mRend,modity.
<br /> torbear ar make any acaommod�tiona with regard to the terms ot U�is 3ecurily InsWment or the t3ote without th� 8or�ower's
<br /> , , consent
<br /> � 13. 6oan Chargss. It the ioan 3ecured b!� thla Secudty InstrumeM is subject to a Iaw which seta me�dmum loan �
<br /> . ' " charges,and that lew fs flneqy Inteipreted so that the interest or other Iosn charges couected or to be collected in annectlon i.
<br /> �� with the toan exceed the pennfltsd Wnits,therr. (a)any 6ueh Ioan charge shall be reduced by the emount necessary to �educe
<br /> , the charge to the permitted Wni� and Ib) anY sums aireedy co�eated kom Borrower whkh exceeded penrdtted limtte vrlll be i
<br /> � retundad to 8orrower. Lender may chmmae 4o make this refund by reduaing the pdndpei owed under the Note or by meWng e
<br /> • dred payrt�ent to Borrower. B e ret�nd voduces p�lndpa�, the reductfon wN be trented as a part4it prepaymeM wrihaut amr
<br /> prepayment eharge under the Note.
<br /> ,. 14.NOtIC�.My noUce to Bomower provlded tor in this Security Instrument shaG be gNen by deiivaing ft or by reeaNng ft
<br />-, by tlrst dess mail untoss app!}ca6�e Nw require9 uso o!enother m�thod. The notice shoq be directed to the Prope�ty Addresa
<br /> : �
<br /> � or any other address Bwrower deslgnetea by noUce to Lender. My notice to Lender sha� be given by Brst ctasa ma0 to
<br /> __ -_-_-____. _..__ . . . •__�� ������� L.. ��Y�� �����.� •�..��W���1LJ t�� L �LI� �
<br /> ._._ .... ... .... .... . •
<br /> tenders aaamss sracea nerem or e�y OQIIT tSOWab�Lettva a�eaty�maw � ��vuw w a,r�n�v�a. e�q w�w.o�nv�tiav M m a�ua =
<br /> ,. Sscurity InsWma�t sheU bo deemed to hmre been gNen to Borrower or Lender�rhen gNen as provfded in Mfs paragraph.
<br /> 15. Qov�mittg Lsw: 8ev�rability. Thts Secud►Y InsUUmet►t sball be govemed by tedersl taw and the taw ot Me
<br /> � Jurtsdtadon tn whtch the PropeAy ts�ocated. In the event thet amr provision or dauae ot thb 3ocudty tnatrument or the Note
<br /> eotiAEete with eppgcabie law.such confttd shatl not afteet other provistoas o!this Secur(ry�natrument or tho Note which cen be
<br />_ •� �� ghren eHect Mithout the conlYe�ing provtsion. To this end Yhe provisions ot this Secu�try InaWment end the Note are dedared to
<br />- ., ' be severebte.
<br /> 18.BOrfOW6�'8 COpy. Bortower shail be gNen one conformed copy of the Note and of this Secu�ily Inatrument
<br /> s ' ���
<br /> FS318.1M0 f10/90) Page 3 of 5
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