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<br /> ___._ - . . .- - . Bortcwa maY aure euah a d�ult �nd alnstaU� se providmd In puaQnPh 18, by aauekip th�aatlon a ptocwdM�O to be ^.
<br /> �� diemtss�d v�tA a tuing that,In Lertd�►'a qood hith delenr�mUan,Precludas todetturo of the Bomower'e Int�nat in ths Prop«ty a
<br /> othe�m►tarW impa►rrrtent of the 6an creeted by thta Sacudry IneWmcnt or Lende►'e seaudty Interes4 8o�rowe�shtM tlao bs M
<br /> dehult N 9ortower,du�p fhe toan appNcaUon ptoseae,pave materWy hlae ot iniccurate htomaUon er etatementa to L�nda(or ,
<br /> � taYed to provid� I.ertd�wilh tny rtwtarW N�fonrwtta►� in connoatton wtth ths toan evldeneed by the NoU, G�dudirtp, bul rtot
<br /> WNted to. rop►santtUons cona�mhp Bortowws ocouQanW of th� Propwty as � D�� r�aW�nc�. it lhit 8«wrNp , .,
<br /> � InaCumen4 la on a letaahold, Dorrower shd eompty wtth�1 th�provtslone o!the leane. 11 8omawer tcqutres tee tHts ro the
<br /> ' . •1 Prop�Ay.th�lees�hotd and th�tN Ntl�sh�!aot merqe unN�s Unda agna to th�m�Wr M wdNnQ. .
<br /> � T.ProMetlon ot L�nd�r's RI�Ms tn th� Prop��ty.t�eo,rowe� hNa to perlotm the eoventnto and epreerr�ents
<br /> ' eontatned tn thla Sswriry�natrunNnt� or tharo f a ����n o�to�sn�rne IRws a npukUo�),�th the�PraP�Y
<br /> ° (nuah as a ptoc�edhp In b�niwP�Y•P�� �
<br /> ,� do and pay for whatave►ta eeaess�ry to protee!the v�tue of ih�Prop�rh�nd lendde�Iqhto in the PiroPh'h►. Lender's aaBom
<br /> .. mry ktdude WYhp any euma sacured by a Wn whkh his DdoAty over this SeouMy InaUument, �PP�9 In oourt. WY�p
<br /> ,:.;w�� re�tsombts attomeys'tees and eMaktp on the Propaty to miln�ep�frs•NthoupA Under maY Wa actlon und�►this par�yrapb .
<br /> „ +•.,. �_�"�` 7.Lender does not have to do so. ..
<br /> . . q�y amourda ds�ursed by Lende►undar patapnpA 7 shV beaonw addiflontl debt o!Borrower aeourod by tAla 8eouri�l
<br /> � ^ tnsdument. Unkas 8ortower �nd laoda ayroe to othK terms at paYmant.theaa u�iounta shaE baar hta+est U'�om the dete of .
<br /> , � �aburaeme�►t at the Note rte�nd sh�bo p�yabM.wAh intrsst,upon notia�trom Lender to Barower►aNestY�y P+ryR►ant.
<br /> . 8. MoltgYg� Inwrana�. If Lender roqulrod enort�p baurance aa a condttlan ot m�tdn9 the btn aeourod by thia
<br /> • Seairtry IneWment.8ortowa ahaw p�y the premfums reqiired to nnhtain ths matt��e inwrance b ef[eat. B�ta�ny reason,the
<br /> � mortg�pe insutonoe covmqe►equirod by Landar Iq►aas ar eaaeea to be h elfat. Boirowe►sful paY ths P�aniuma ro�H�to .
<br /> ' � obWn eoveRq�subahntleUf►e9�+Nafent to the mortSaSo Inauranes p�evbusN h eReat. at a eost aubatmtLN e�NNUent to the :
<br /> ' , coat to Borrowar of ths rtart�as insurance preMoueiy in et[ect. irom an tltemste mortpass inaurer appmved by Lender. tt ='.
<br />�:d: � aub�anWyy squh,elent mott�e ina�.wanee eoverege is not avaWble�Bwrower eh�pey to Lende►a�eh montb a eum equwl to
<br />^° ,. ' ' onatw�lM of the yeuty moRp�ge insuranea pranluPn bein9 Patd bY Borrawe►when the Nisunnes cavense I�psed or aeaaed to �:
<br /> .: .. � .' . be b elteat. Lande►w�accaPt.uae and roteln theae paymenta as a loaa roaene b Yeu ot matqn9e hsunu�ea Loss roserve {�.�.'
<br /> . pryme�a msy no lonper be requfrod,at the opdon of Lender.a mortgege baunnce e�ra��e Qe the�mouM aad tor the perlod
<br /> �s..
<br />- . � ,�, , thit Lenda roqukas)provid�d t►Y�n inaurer approved bY Lendet sqnin beoomed evWabk and is obLhed. Borrowe�sh�1 pay �..
<br /> . the praduma roqukad to m�hWn mortpnss haunnce fn dfeat,or tc pmvide e tosa reywe, uMi the tequirernent tar mortpa0s �rq
<br /> , , . Inauance enda h acaordmas wtth eny wdlter�agroament betwean Boreower ertd Lender a eipp�CaWa law• �
<br /> . . :�..�, ' 9.tnspeCtlon.lender or lts ageM msy mdcs reasonable enotea upon ene(nspscUone at the�operlY. �endx sIW�Ns —
<br /> 8ortawer notics ri ths tMns of or pdor to m inapeadon ePe�tyh0 reasonabb eauae ta the ingpec�on. �..
<br /> ��"�� 10. Cond�mndion.The proaeeda ot any award or aWm tor dam�pee,dire�t a conaequemW,.tn eonna�lon vAth any --
<br /> '� 1 eondenx�atlon a oiher Wdnp ot acry part of ths Property,or fa eomeyanae h Reu o1 aondetmstton.tro heroby aasipned and =--
<br />� nhstl bt Wid to l,ender. �"'�
<br /> � _: In the erant of a totd tetdnp oi the P►operty� the praxads shap be appMed to the suma eecurod by thia 8ecurily —
<br /> ,.�s • mawrtis�t.whether or na t�m dua�wIGi ar+y�s�aSd ta 9�m�sr !n!!ss eY�! �t•���+�o?the PropeBll h whkh ,_ _
<br /> "�.n , :. (•. f ths tair madcet rtlu�of tAe F4oj'+at1l knmsdlatdy bdoro the tddr►p le mywl to or�reate►than the�rtnount of the sums eea�rsd c
<br /> - .� .- by this 3eaurKy Inatrument �telf► beforo the tsWnp� unteam 8airowe► ond I.ender otheiwtas a�N wdtlnp. the suma
<br /> , �. necurod by th�s Seoutity tnaWment shafl ba roduced b�+the anwunt of the proaeed� t�wtlP�ed tiIl ths to8awin0 iractlon: (�)ths
<br /> ��� tofa)�nount of ths aums aawrod G�unedfetMY betoro the t�idnp� �idad bY(b)tho felr mulcet value ot the Property hwnedkte�►
<br /> . . • , :� Detoro tha W�h�My bN�noo shaK be pnid to 8orrowa.In th�avenl mf a pa»W Uldn�of Ms R4�ty ke whk�f th�idr rt�rk�t
<br /> . .�.�" ..,Y 4 � rdu�ot tAs Pro�tY Mnm�dkt�lll bebro it�s taWnp ta bee than the emouM of the wma secund imrned�tdll bdon tt��hJdny,
<br /> ��� :.`y:; t'• .
<br /> -t�..� �' un{ess Baraw�► �nd lenda otheiwtae apros In wrltlnp or unbsa appic�ble{aw othawfss provlr�� the p000�eds sh�M b�
<br /> ..:':�.-�. , _
<br /> _,-.��,_...�.:� � aDP�to 1hs aums ssourod by thle S�adty►insbument whethx or rtot the aums ars then dus. _
<br /> :,;.,�,„+,,e�, � 8 the P►cPalY b�bn�►doned by Bortower�ar M�alta►not�x by Lender to Bortower tha!ths conde�nna►othrs to m�k��n
<br /> _=�::•M-•,� r. � arraM or atlM a d�M fa d�n�pa. Barowe►ta�e to nspond to Lender wRhtn 90 drya �1te►the dats th�notlos b ghN+.
<br /> _`�.-'% , LendK le wthah�ad to co�eot and appy ths pro�setds.at its optlon.eRher to roatoratbn or rep�ir af the Propwry a to ths _
<br /> ,,�,,. .. _.' �:
<br /> _ • ��__.�� euma seoomed Eg►thb Secu�h►iristrum�nt.wheth�r a Rot theo due.
<br /> �":��.;:�.. tlnNsa Under and Bortowa othenrlte aproe in writlnp� ar►Y appYoatlon af Procaeds w Wh►dp�l shd not eoMnd or
<br /> �.-;;:��.;,,:�-,. ., postpon�th�due drts of tl�s monthy ptpnM►ts Merted to M pan�pha/and 2 or WunOe tAe uno�mt of sucfi p�ymer�s.
<br /> - - .-�.,�:=-� 11.Ba�w�r Nd R�t�assd; Foe�boar�c�6y I,+�nd��NoR�Wwiv�r.Extension ot the time ta payme�or
<br /> R�--wa� na�fAoadon ot amorUutta►at the eums eeCUnd bY tl�b 8e�w�tY fnabumeM qr�Mad by lender to arry suaee�sor h htKest of _
<br /> -'"_u_.�� BoROwer�hri not opwats to rde�se the UbNh�01 th�ay�n�Bortower or Bomowa'a tuccs�ota in hteroet. Lender shd nol
<br /> °-�.•-:rs-"'� bs r�qutnd to comnMnc� procss�9s �O�n �►suooesaa b tRerost or rduss to extend titno tor P�Yrt�►t or othwvAee
<br /> '-r;•• .. �' modwy anart�itbn of th�suma s�curaJ b1►thb Seadh►InsWment by rason M�try drrw�d m�de bY tl►e otlpinU Bartower or
<br /> ..`��`"•r�-:i�` Borroww's suaxseo�s h ht�rest Aml tabar�nce by LendK in exerdahp ury�ht or ren�lY ah�N not be a wdrK ol a —
<br /> -_�,;�{ prsdud�U���tw�cbn ot arry�t o►renbdY• _
<br /> . 12. 8ucc�ason �nd I1nt�ns Boundi Joint and S�w►al LlabliHy; Co-sigmrs.The coven.�,�s �na
<br /> —�=--�=_�';�'�� t�raementa of Uas&wrily Inattument ahf!bY�d�nd banefit th�as�a�osaore�nd aaaE�t o!tcnder erd 8atoti+ta.asab�e!to tho .
<br /> ,-���. proykio�s of Dvayr�Ph t�. Bortowet'a ooveronta �rtd ageanenta s9�f bo joht md aweral. MY 8omower who co-alOna thfa
<br /> ,vs •-°.�.; gephNy Matrument Eut does not exeaute tbe Notec (y b�hp this Security inaVumerd ony to mortyips.gent and comey
<br /> ,:.;;�y��'.�.. that 8orro�w�s k�trest N Me ProPa'�Y under!he terms of thfs Seourfyl Instrurne� N) ts na pasonaYq obY�sd to WY the
<br /> � ,,""'�•.".'�. t sums seour�d by thts Seaully InaLum� �nd (o) apreea that Lender and ury other Borrower m�Y apree to extend,modity. =.w.:
<br /> _ - _ s • .• :1: :, -----
<br /> . ,,. ,' torbMr ar m�ks any aeeanenodaUona wiih ropard to the tem�a ot thb 3eaurUy tnatrument or the Nob without Mrt 8orcowe�'s �m_:
<br /> . : ' !,��!r," oons�nt' �,_
<br /> • ` ,� : 13. L+oan Chat�s. If tt�e loan eecured bY thb Sea+iity lnadument !a subJea!to a law whicb aete �m bar� �•'
<br /> 1�_=
<br /> . . �1 {, eh�rpea.and that t�w b tNaly 4rte�pneted so that the hterost or other tan eharqes eoleeted or to be oolected h connedton —
<br /> v�the lan axwed the pe�m[ltd Itr�Re.Nen: (y anY eueh to�t ohWe shal be reduoad bY the amount neaeeatqt to redtee _
<br /> . trnR `-
<br /> . th�eAvy�to th�pemdltad Y�N� �tfd N) �nY swna�twdy coleoted hom Bomdwar which e�taseded PaMltod dmtle wfL be i
<br /> ' reNnded to Barowar. i.ender m�y chooae to melce thb teA�nd dy�dtdnp tAe p�tnoipl owed under the P1ote or by m�WnO s
<br /> ,, „ dir�ct WYrn�d to Bortawet. lf a re5md reduees p�dpai. tAe redudkn wll he Vetled�a a partivl P►epaYma►t vr[thcut enY
<br /> • prap�yn�ent eharpe undv the Note. -
<br /> � 14.Natic�s.My rtoUce to Borrower prorided tor in Ws Saa+d4►�natrument ahal be gMen py deQrerhp it or bY m�inp it
<br /> :;�.- _ py t�t d�a m�p unksa appikebte t�w requires use ot enothe�method. The noUce ehal be dlmded to the PropMty Ad�esa
<br /> _�..a �� �..� �..fr wlr.r�Y M
<br /> _.-.._ __. T _ -—-_ �j �y Q��t� �O�WeP �@5��1�[QS Dy ROUOm LO LQ108r. /Yty R064� lV{.QtVC7 O,tv w ynw• r� w�. ..�.».�. .�
<br /> Lertdx's addr�ss atatad hereln ar ar►y other sddr�ess Lender destgnates by notlee to 8orsawer. My natice provided tor tn ihls .
<br /> . � Seoudly tnaUUment ahat be deemed to 9iare bean�v�to Bamower ar Lender when gNen aa Provtded in Nis pata�aph.
<br /> . 18. GOV�tnIRp L�w; SsvAribllity. 4hb �urity tnstruma�t shal be govaRed EY teda�t Itw �nd ffie law of ffie
<br /> �udsdetion tn whloh tl►e Propeity M toated In tRe event thit any prmdsEon or dau3e of Uda Secwily inatruma►t or the Note
<br /> ° � eonllcta with�pppabte kw,auch e�e�ahd rtot affect othx provWona o!this Secu�il�l InaUument o�the Note whtch ean be
<br /> " . gtven eftect without Me coni�icttrtg proviston.To thta end the provtalons of Mb Seaurtty inatrwnexn end the Note are decl�red to
<br />--_ ° bQ 6aYlf�Q.
<br /> � �� „' 18.Bonow�r's Copy.8onowa eRa1 be glvmn ane ewdom�ae!copy ot U�e t�tote and ot thb Securtry Instrument.
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