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<br /> _..�•"'�-.�'�$�'^ � M�V°�04493
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<br /> � 7. Probctlon of I.�etldse's �il�hri (n ti» F�op��. ii Bo�►3v�rs�t-.�ia ta Dataast tM ao:��.��� n�r�te a+mbr+�d h thls �,: _
<br /> . , 8ecurtty Inatrum�R or thero I� a tegd Procsedh9 thn m�y eEandlexrrtly �Msat Unders dphte In ths ProP�rt1► (eueh as a procudinp In a,,,.,:::
<br /> banlwptcy, probate,tor eondcmnatlon or foridturo ot to entorce I�we�o►regut�Uons),thon Lmdx m�y do end pay tor whwt6ver ta oetRaasry
<br /> - •--- .-.--- �,a c�►a�e r��n� �n cr�o ProR�. lcncl�r'e RoUons may Indu9e pa�MD�Y euma eecurod by ■Ran
<br /> to protect the vatue of the P►opaht "-
<br /> - �' which h�a pdortty over thfs BecuMy �nat►ument. rpPe�►k►01n aouA,PsY�O►enaon�ts attomsy's tsea and entainp on the Propw4y to mdce
<br /> ^, .�. rep�ire. Atthoupb Under mry tak�aaUon und�r this ptnOnPh 7.t.wtd�r doa not h�w to do so. ,
<br /> ':: .A,. ;: My�n�ounis dabu�sed by i.a�da under thts psn�rapb 7 eMeA beaorm addftlon�l�iobi o1 Bonower sec�rod by thta Becurtty InaLUm�nL
<br /> Unteae Bo�owa�nd Lander i0re�to otha tertns o1 paynxnt,thae�nwunb sh�ll bw Int�t irom th�dtts ot dtburscmmt�t ths Nat�
<br /> � ' �� rate md e{wfi be poy�9�la. �dh lntcra�t.epon aotke t►om Lender to Bortowa roquestl�0 PaY�'►�� _
<br /> - • '� � � 8. MOrtpa� lnsu�ten. tf Landa roquhd moRy�pe hsurana � a ow►dkton ot maldnp fhe Iofn a�eund by thts 8�oudry
<br /> , �,"`�i Inetrument.Bortower etuY WY t�he pten�Tums roquked to mdnLin th�mod�se Inaur�ncs In eKeat. It tor�ny roason�the mort�p�hsur�rtc� ,
<br /> ...�-�--,
<br /> _ty • eoven90 roqulred by i.ende►laps°s or eeaaas to b e i n �f f e a l. B o r r o w e r e h a N p a y t h s p re rt�t u ma ro q uksd to obWn coveRpe subttantfaNy
<br /> .� �,:
<br /> .�� eq�Nalad to the mortaye hsurtnee prMoua►Y b eR°et, at a o°at substentl�N�►equ►v�tent to the eoat to Borrower of the mortpape Inaunm�
<br /> _. �' p���y � �e�, irom �n�tternate moRps�e insuror approved by Lender. fl eubs�My equNaient mortytpe (nsuranae aowraps la rtot
<br /> �vatl�ble, Borrower shalf pay to Le�+der e�ch m°�a eum eQu�l to oaatwetM of ths yearty mo�ge inaurence premium bdrtp paid by .���
<br /> . • • k-� @orrowx when the inauranoe ooverspe t�paed or caeaed to be k► effect. Lender wf1 aceept, uas and raWn theae p�ymeMS as a toaa •
<br /> reaave in Qeu ot mortgi�e Inauru�ce. Losa reaene PsYme�e m�Y no longa be raqulrad. at ths optlon of Lender. If mort�ll�bsursncs ',�;�,
<br /> . . .' .. ,��,:�.. covaaQe(in the amouM and for the paiod that Lcnda�requkas)Providecl b1►an insura aDProved by Lendet asstn becomes av�Nebte and la ,;_ry
<br /> ., " hauranca M eneat, o► to provide a toaa roserve. untY the ' .
<br /> ' .� �tj� obLhed. Bortower ahaN ph► the premiuma requked to m�htdn moftg�pe ,�=
<br />_�', �,�`�j�1 � requtromatit br mortti�pe bsuranoe enda h aec�rd�►ae wAh�ny wdtten ageemait belween Bor►awa and Lender or applicabM kw. -�'
<br /> - .. �".�j� 9. Irtsp�eHo�f. Landar or Ns sQent mh►m��euon�We entdes upon md Inepeationa of the Propaty. Lender ah�N 9ve Borrowa __
<br /> - �„�r .�':�t � rotice at the tlme ot or prlat to en bapectton ePeaJ�t'�►p rc�son¢b�e�usa tor the Mepectlon, �
<br /> `-�` � uM 10. Cood�InnUtlon. The procseds of �ny �ward or cWm to� d�mspes. �roet or aonsequertiel� in aonneetlon with any �,,,o,
<br /> .,,. _:..
<br /> �'_>�, '•ytt ' :.a
<br /> • condemnstlon or other takMO of anY P�ot the PropatY.or for aorneyance In ieu of condermatioo. aro hetaby aesipned and sh�M b�Wtd ��,
<br />'Y . : . :':. �°. to Lander. --
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<br /> ' , l.;ti,p; . tn the event ot w totil WdnO ot the ProPatY.the proceeds eha/be appYed to the aums securod by thfa Ssauilyl Iratrument.whether a --
<br /> _ . �' not then due.with any exeess P�d to Bortower. In the event of a partW tefdn9 of ths Propaty in wht�h the fair m�rkat vaNrs of the R'cP�Y
<br />:: 5"�'"•'•;:"'�
<br /> k�xne�tey betore the tatdnC ta eqwi to a�neater thu�the amouM of the wma seourod by this 8ee,vrily InaUument YrmediateN beforo s
<br /> �.�._'�:a� +.'. W�hg,unteaa 8ortawer and Lertder othanriae apres b wiltlnp,the suma aeoured by thk►8eeudly instrumait sha�be rod�eed by ths�naunt �
<br /> :"^ of tha proaeada muttlpUd bY the to�owln0 haadon: (�)the toUl unount the ot swris eeeund h�mediat�N betae th�Wdnp�dvldM br(b)ths ---
<br />_ °.. :'.. °;a tair mstdcet value af the Pro�tY k�une�°y betore ths Wdnp.My b�W�ce eh�l be patd to 8ortower.ln the avent of�partW WdnO ot th�
<br /> -:_ .,, .;s,� ' p�oPeiy In whiah the faU ewlcet veius ot tfis PropeAy krrnsd�elY bdoro the teldn0 is leas than ths�mwrK of ths sums seo�rrod NN�6eUy �.
<br />.. ;`�^.,,.:. �•� betore the tddnp�uNese 8ortowe►and Lertder athe�wiss iQree in wAtlnp a unbsa�ppMaW�I�w othawise provides�the proeeed.s ehN bs
<br /> ___ __�,t t'.� ta!he:tsn+s ss�re�!�+Y thta 8eaudh►Inatrumait whnther a eot the sums are then due. .
<br />::'�,::�;;:-r ti �
<br /> �. .,. . .�F.',� fl ths FroPertY ta abandoned by Bonower.or H.tRer noUcs by Lender to 6arowR thtt the condama of'�ars io�i�r�'�as
<br /> � e oWm tar du►�Oes. Boeawer t�Ns to roapond to Lendar withN 30 d�ya aRer ths dats the notloe le 9hren�Landw ia authafted to aoil�t r+d ---
<br />_ �� '� �:,.. appy the ptoeseds. at Its cPtion. either to roatoraUon or repdr ot the PropertY or to ihe euma aeaured bY thSa 3eaurily InsbumeM.wlNthK
<br /> -=':.:�;':�1r. ,
<br />;=_ :; .:li;,�`. <'�•T or not then due.
<br /> Y_t� �� � d�te of the mond�y Pa �wet othe�wlas a�ee(n wrNhp. anY aPPI�aUoo of proasda to pdndpat ahall not extend or post�wne ths due
<br /> .-�,�.:.u.,-_:,�, yn�nts�aterted to b perag�Phs 1 end 2 a eMnpe the amourrt of such pa�m�ente.
<br /> __-_'�`�='�Y:�t��, 11. 8orrc�wor�1ot Ad�as�d: Forlw�r�nc��I L�nd�� Not a W�hnr. F�aenston of the ttme tor payma�t or nwdiAoatlon
<br />=�;��,�,��`� of�morthaaton ot tha eums seairod by this S�curitY Instrumart yru�ted by Landar to�ny euewasa in interoat at 8mrawe►aheM not ap�ta
<br /> -�-,..�:::,i�_�' to releQae Me Wblify of the o�nal 8ar►ower or Bortowrte suaceaaas in Intarost. IandK sIW not be roqutred W commenoe ptoae�dlrtOs
<br />._...7Y:-:r..�i�t- a�inst any suceeasor In kita�est or roh�ae to eMend ttme tor payment or othrwlss nwdly�moNutlon of tho wmt e�a�r�d by Mts Seemtty
<br /> `_,-::`;:��� danmd m�ds bY the arl�inel Bonower ot Bortowera auccsasao h Mtereat. My twbe�rmce by lender tn ---
<br />-�u..r�.�,�:a,�u.� Inabs�ment by re�eon ot m1l
<br /> `�'.'.`"=_= exerotetnp any dpht ot remedy ehd not be a wal►rer ot or predude the axeratas ot�ny dpM or rornedy.
<br /> r���,�� 12. Suao�ssars �n� A�B�� �nd; Jdn4 and Sw�n! UaitliHy; Co-si��n. Ths eoven�nts+tnd tynx�b W
<br /> -__.���`�s.:� this 9ewrily Inatrument ehd btnd �nd b�tallt ths ettceeasas �nd assi�m ot L�ndu and Bottow0r. subjeet m the provisbRa oi partpraph
<br /> ._,_=��:�:�.� 17. Bonowar'e aovenurta md���s ah�p be jolnt �nd eev�l. My Borrow�r who co-aipns thtt Seourl�► tnatrumeni but does not
<br /> - - exeoate tAe Note:(a)Is co-af�nhp thls SeouritY instrumeM ony to mort�Qs.�nt.end comrey thn Barowa"s interost In the 6MoP�Y undw
<br /> -i�L�;��'� the terms of this 8e�ufilY Inatrume�(b)is not perco�lY obYSated to WY th�suma seoured by this Sewrity tnatrunnenx and(o�aprocs thet
<br /> Lender �nd u►y othar 8ortower mRY a0�to extend. modfy. torbeor ar meke any accarKnodatbna with Qeg�rd to tertna ot thts 3eeuritg
<br /> � ;�=��` Instrument or th�Nota wNhout that Bortowers conaent. ---
<br /> .� ���,,���;�'� 13. 6�OSi1 Cfwg�f. Hlhe lan seeurod by Nta Seeurity Instrument la aubjeat to a 4w whlah aets mocMnum tan ehacga�, and ttnit
<br /> T kw la MaN intarpreted so ttut tha htereat or other Iw�n ohv�es coMeoted e►te bs cotected tn oonnnction with the IWin axceed ths
<br /> -_.-F=�=^�-F,,;,,�_�r Perrt�ttad Wnite.then�(a�mll auoh lan ch�rges ah�Y be�educed by the tmouM neceaa�ry to rodues the charpe to the pennittad fkni�end �—
<br /> _ _--- ----_a • ro) u►y sums dready co�trom Borrower which exoeeded Pemtltt�d Amtts wft be rofunsNO to Borrower. Lenda�may ehoose to m�ke _
<br /> � -"?'''?�"�;�. , thia Mund by rodudnO the RrMotpd owed under the Nate or by mNdnp� diraat WlM►a►t to Bomow� H a refund reduaes P�(ndpal.tRd �
<br /> ���_ =;=r, r rcducUon w�l be 1roatM u�P�P���out anY ProWY�t�Oe und�r the Note.
<br /> �;��>.,i'� ,,. --
<br /> ��,°,�::�i°�:. '� 14. NotEC�s. My notice to Bortower Provtded for In tl�is 3ecurtty IneOument ehd be gNen EY deWerhg R or by melYng tt by Arot �
<br /> --- ,.:�"�;��`�: � , ckns m�ft unkae nppYcabte law requMes uae ot�nother method. The noflae eheH be aYroeted to the P�ope�ty Addreae or ar►y other address �_
<br /> _ ;�`�,'n., :'.� C Borrower deat�tea bY notice to Lender. My notloa to Lender shaN be given by ttrst olase ma9 to lendei's addresa efated herein or eny `__-
<br /> :, .� ;
<br /> � w other addreas Landar desl�atea by �oUca to Borrower. My notice pro�ded tor In thta Seoudty lnaat�ament ahv be deemed to hare been �f.�
<br /> ���:l'....`�'"�'�"'� '""::
<br /> _ , . ....�,.r y M 4 r 1 t o @ O t[o W e r o r L e I I d C�r W h O I 1 p l Yen ee P►OYldEd 111 lhis Ps�9�Ah.
<br /> ,, ��'.`;.•',� � _ 15. t�Ot►ominO t.ew; Svwrabitity. ThW Seaidly InsWment shd be povemed i�y tederat kw�nd the kw of the Jurisdiadon in ��;E=
<br /> �� `' `�' �� whtoh the Propeity is located. In the erent that any provtslon or dause ot thts 3eaur[ty lnstrument vr the Note eoMBde with appRaebte law, ,
<br /> ' • �� '"�<��` sueb conlUet sh�it not eNect other provtslona ot thia Seourity Inatrum�nt ar the Note whtch can be glven etfeat wtthout the contUctlng _
<br /> ,��p•^�� � provialon. To Ws end the provlalona ot thia 8s�wriry tnatniment and the Note ere declered to be sevenble.
<br />' �` � _ �a_ en,.m.:ar'�Cnpy, gomower shap be glven one cor►tom�ed oopy of the Note and of thts Socurtty lnabumart.
<br /> _.__,"'; --- -
<br /> ' 17.T�a�et�r vt the Proparty or� Beneficlat Interast In Borrow�r. It at or eny part of tne Propeny or arryr nrteresc m
<br /> ._ �. � It�S sold w trenafeRed ia�lf a bmeRde� fr�tereat In Bomower Is sold or hensfened and Bortower la not a eatur�t Peroon) wEthout Lendef'e
<br /> �• prtor wrttten conaent �d�*�Y•��optton,requtre knmedkte pzyment In tuN ot atl sums aeatrod 6y thls 8ecuriry Inabuma►t However,
<br /> �' � � ' thfa opUon eheN not be exerdsed by Lender N wcerolee ta prohlbfted by tederat tew ss of thv date of th�s 3ecurity Uatrumen�
<br /> � M Lendcr exer+atsea tA�a op8on, Lender ahW glve Bortowa�aoUce ot acaleiaUo�i.Yhe notlae shU provlde�pertod of oot lesa than 30
<br /> ' • ' , daya fram the date the noitee la delNe►ed or maNed wlthln wNeh the Bonowa� muat pay M euma aecured by thta 3eou�ity Inswment tt
<br /> � . „ , gonower{a9a to pay theae euma pdor to the expGatlon of thia perlod, Lender may Invoke any remedles pennKted by thla Seaurtly Inatrument
<br /> � " wlMout NMer nottce or demand on Bonower.
<br /> - ' Form s028 9/90
<br /> _' 1 . . . � fd009.LM�(8181) Papo 3 Of S
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<br /> 93084
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