. . ..
<br /> , .�rii� � ;, . . . . . '.. � , , ...
<br /> �, ,r�• . � . .qv..yy�' .. �rYAa-a.r.�. ..�,,.:. . ...,..__- �.."i�.��`.
<br /> „ ' ,.. . ' -
<br /> _ . .,
<br /> . .,. ...
<br /> . • - � .. . _.
<br /> ...
<br /> ,� •• .---...----_._..---._..._.�...._.._.....-- .. ... . .. ... ....__, .�:. ..
<br /> � `� ���.�'h.�..�r"J."_:..s......�.._.......;.._..�....�.......- . ""'"' ' �['
<br /> .. . �R
<br /> '� . �--_
<br />�._. ....._.:_�_._�1 , .
<br /> ' 8ortowa mry ouro saoh a default enb relnetcts� ae pravldeef In paragr�ph 18. bY aaas6ip ths aadon or pm�p to bs -
<br /> dsmfaad wllh a�uYnp lhRL In Und�r'��ood dlth d�tarmlreatb�.Prec�rdea fartefturo o4 ths 8ortowar's IMasa!In th�Propaty a .
<br /> , oihe�mttM'UI 6npihrnnt ot th�A�ar�tt�d by thb 8ewrtly InaUummt or Lender'e aecurlty tntercst. Borrowa eh�l vao ba In
<br />� dalautt If 8orrower,durMp the loan �ppUcaUon proaosa, ptve muterlsUy talse or tnaceurate Ir►tormatlon or etatemes�M to Lender(or�
<br /> . , talled to piovtds Landsr wUh my nuts�W Infomwt�on) h connecUan wNh tha loan svtdertced by ths Note, Indudlnp,but oot�
<br /> ikntt�d to. ropreamtatbna oonoemhp Boaowe►'s oaoupu�ay ot the Propaty �a • prinolptf resldencs. tf thla tiecurNy,
<br /> ` � Inatruonent b on a IetsehoW, BotrowK alul oompry wNh all the provtatons of the tetee. If Borrowa acyukea f�e tltle to th��/� .
<br /> PropMy,ths le�sohold and ths tse tlde ahtN not metqs unleae Lendor:groea to the map�r In wrlUrtp.
<br /> ° 7.Prot�tlon of L�nd�e's Rlphb In th� Prop�tty.11 earower Wls to prfam the aoianatas�nd ayreementa
<br /> aonWned In thla SeourNy Inetrumenl,or thero(a a�eptl ptoaeedlnp that may atgn�loanty affeot Landere dgtda N the ProPaty� .
<br /> .. (eunh as a p►oaeedlnQ b bantwptcy�Probtte.fa condertnatbn or torlelturo a to entorce faws or ro�ufatlona)�than Lende►mEy C'J
<br /> " ����•��_ do and pay for wh�t�var ta n�aessuy to proteot ths v�Mie at Me Roperiy�nd Lendar'e tlpMa In ths Property. Lendsre aaUons
<br /> ':.,�.-•-`_ mry Indude P�Y�O +�Y eums aecured by a Yen whlah haa prfodh over thta Securtly Inatrument, �PPe�tln0 fn oourt, WY�9�
<br /> � °.:.�'`M�'� roaaon�We attomeys'Mea�nd enterhp on the Propary to m�ke ropalra.Afthougb Landa may take acdon undet thb PN9�W�+•
<br /> . `��"�"` 7,Lender does not hae to do eo. h1�
<br /> � My amouMs debursed by t.eisder under paragraph 7 ahaN bewme addRlonal debt ot BoROwer seourod by thts 8eairfly
<br /> Inaditment. Unbae Borcowe� +nd Lender�proe to other tortns of p�yment, theae amowne shal beer hteroat tYam the date of
<br /> • dbbunsetnent at the Note ats and sh�l bo pay�We,wlth hiterest.upon rtodae irom Lenda to Barower roqueatlnp Wyment. ,
<br /> ' • 8. Mortgs� Insuran�. It Lender roquk^ed moK9�Qe ���� �a aondtdon of nwWng the loat► a�outed by thfa
<br /> 8eourtty Inatrument 8orrowe►ahwt pay the prnanNima requlrod to m�N�Wn the mortgige tneuranee In effeot Ii. for�riy r�e�aon�the
<br /> � mort�pe hswrtnoe coveraQe roquked by Leeder t�paea ar e:eaaea to be In etfeat, Bomowet shaN pay tNe prar�tunn roqulred to
<br /> � obt�M� ooverape subatanWy equNalent to the morty�Qs bsw�noe pterioudy N MMct, at a e�at eubat�ntWy equNtlent to the �,
<br /> • cost to Borrow�r of th� mat�y� Inaurance pnvlausy h �ff�ct, 1rom m �1tMnatt mod�p� Inwnr approwd by LwtdR tf _
<br />�- ' . M sub�tantrN equNaUnt ntott�tp�Inwnnc�eovKap�b not ar�Y�hir�Borraw�►�h�My to Lrnd�r�toh mo�th a wm�qual to
<br /> y.'. .. oaatrrelRh of the ye�y mMpeQe lnn�re�as pren�um be5i0 P��!I 8enower wh�th�Maw�nen oav�g�t�pa�d� aas�d to , .
<br /> -�> � �, M in `llrot. Lend�r w� �ac�pt,ui�md riRVn tha�qym�r►t�u� lou rawv�b Wu of mott9sp�Ntwrane�. los�nunn
<br /> �''•'�. • ', � p�yn�w�b may na tonpw b nqutnd.n tM opUon of Lend�r,N mo+t0a0�Ins�nca aovuap�(In th��rnamt�nd ta th�pM-iod
<br /> �.. ,, ' that l.�nd�r nqutrN)provld�d by�n hwt� �pprox�d by 1.«td�r�p�ln b�aanta avtM�bN�nd t�obWn�d. Borraw�ehtN WY
<br /> . .. , . � ., the pnmlums nquk�d to m�t�Y�h rtartp�p�hw�na In�I(�ot� a to provld�a bs�rwNr�,untA tbt nquNwn�nt 16s mat�p�
<br /> .. ' .. ..,�� hsu�na wut�b aaoord�na�wllh any wtNton�pn�m�nt b�ewNn Bonaww an0 Lon�►a�ppMeabf�Niw.
<br /> • ' �.Insp�otlon. L�ndw a Ib�p�nt may m�k�nuonabl�antrNs upoe ond tmp�otlons o1 th�PropKty. Lend�►�h�pNs
<br /> � � 8orro�w notla at th�tlm�of a P�►to�n Infp�oUon �olMn�nuo��bls iuu��tar th�bsp�atlon. •. -
<br /> . . ;' 1A. Cond�mnatlon.Th� proo�b ot my award ar cWm for d�rna�,dk�at a com�qu�Nl�h conn�oUoe wlth any �':-
<br /> . �. cond�rtnaUon a athw Wdrep of any pa�t M th�Prope�ty, or tov ca►vey�nas In Ite�oi aortd�matloe��»hanby uslpn�d md
<br /> . shd W p�d to Lend�r. ���..
<br /> �n th� event ot a total t�ldnp o! th� PropaAy. ths proa�eds ahY be eppled to ths wma �earod by this 8�curity �"-
<br /> .�. . •�•� tnstiument,wheth�r or eot thrn du��wlth�ny�caeae pdd to�oirower. In the event o!a p�rtW t�Wn�01 the Proprty h whlch °-
<br /> ,z.._ - —_-
<br /> - ' .�iy�1�'� t11�f�'IiM1kOt V�1�Of t�lt PtOqfly ftNrl��lY bO�OfC i�lO itk�1Q(O aqYd lo v��w�i�i�iii i�iG�iOYi�i�1�iD�SG�ii"vd _
<br /> . � by thk 8eeudly tmarum�t knrtwdlatey Mtan ths tatdnp. unless Borroww md Und�r otb�wk� a� h wtttlnp� th� wms
<br /> . eeourad by this 8eaurity In�trument sh�N b��sdua�d by ths�moixit of ths proeMd�muAlpled by!h�b�oMAnp iractlon; (a)th�
<br /> .. ., . tohl amouM of the�ms aewrod Ymnsditely bdaro the taWnp. dNlded bY (b)the hI►nwket v�ue o1 ths proprty h�med�tUy s
<br /> :;. �."r �• betoro th�taldnp.My b�Wia sf W E�pidd to 8onowet.In the av�tt ot�p�rtW taWnp ot tht Ptapsity h wNoh th�Uk m�rket
<br /> ,,;_�:�.��..� . :.�. valus of Me Propary Inn�tay belaer ths faldnp la!as than the omow�t ot ths sum�secund 6rrmedktay b�lon th�taldnp.
<br /> '"_::�.�y-:�. •• , unkss 8ortowot �r►d 1.l�►d�►othe�wlts ag�se h wdtlny or unkse apploaWe kw othawts� provltNa, th� proeada stW be
<br /> �2�,�T appYed to the wrm s�cured by thls 8�wiity fnstrument whelhe►or not th�sums an then du�.
<br /> `.:�..�.�,,,,�.„, If the Pr�apxty 1�ab�ndoned by Bo�rower�or If�aftu notice by Lender to Bortower that ths condemor oftse to m�k��n
<br /> _...+:�;,•,�_=--� • award a settle a oWm ta da�ru9es, Barawer faRa to rospond to Lmndsr wkhh 90 d�ys atter the dtte the notlee le �lven.
<br /> : �',,��►�r��a,K Lender u wthorized to coleat and apply th� proa�fs,st Its optbn. elther to reatontlon or npalr of th� P►opaly a to the
<br /> ,;r sums eeourod by thta 9eaurtty tnatrument,whether or nat then due.
<br /> �=-`:=�--=�..,�:��� Unleas L�ender �nd Bortowe► othe�wbs apree tn wrtUnp. any app9oatlon of Proeesds to F+rk►o�l sl�M not aQend or
<br /> ':_`"=��'�"�1Y���F": postpons the due das of the monthy p�ymente rofarod to b para�he 1 and 2 or ehmp�th�amowt ot suof�p�yrrients.
<br /> ..'1';tJ[�i�1_�I..SL� =��
<br /> :�,��,,�� 11.Bonaw�r Nd Rat�a�ci: Fo��ru�a� 6y L.�ndwr Not a Watv�►.Exs�n�on ot tha tbw ta prym�►t or
<br /> modlb�Uon of amorttr�tlon ot ths auna seound by thte SeouritY Uedummt 9nrtted by I.mdu to any we�asor b trt�na!of �;-N
<br /> ,'"�;�,� BortowK ah�ll not opemto to neleaae the Atl�iNly of tha odpYwl Bortowe►a 8or►ovra's euacassors(n(ntaasL Under ehd not
<br /> .�;::-:- be roqulrod to commenc�proo�sdhps apaM�t any auooesaor h krterost or rohtse to exta�d tlms tar p�ymerd or othwwbe -
<br /> __�;K;���� mody�mott�tati of ths suma aearred by Mta 3ewrtty Instrument by te�aor►of any detntnd m�da by Ns afptn�8ortower ar P,
<br /> - Borrow�r's wac�as tn kstKeet. My forbeuanos by Lander In exerdshg any dgM or romesy eh�M not be a walvet of or
<br /> .�;�-' � Produde the exerolee of any dpht or remedy. � -
<br /> �'.��`� iZ. 8uac�sson and Asatpns 9ound; Jotn4 �utd S�v�ral Liabtltiy; Co-stpe�ra. Th� oorenu�ts�nd �
<br /> -- ` ' a g r e e�n e M s ot thl s S e e u r l l y Inatrumerrt ehd btnd and benMt ths auoaesaas md asel q ns of Lender�nd Bortiower.aub J�ot to 1M E:.•:-
<br /> _�-�":a��:� provblona ot perap�ph 17. 8ortowds covemnte and aqroemcnte sha0 be Joht and aeveral. My Barowa who ao-stpns thfa �''_:
<br /> '"J"LL""`"" SecurUy Inetrument but doea not exeoute the Note: (a)Is co-alpnhp thta Ser,urUy lnabument ony to matpaps,�rurt and eonvey
<br /> ..�.��
<br /> y rr� tlud Bor►�weNs btterost In the PropaAy under the tama ot thEs 8eourtty tnatrumenx (0)Is not pKSOnaKy obYptbd to pay tha �"W-
<br /> _�:'.. � _
<br /> '��::u� '�'' eums eeourod by thb 8eourlty tnabume� �nd(o) ap►eea that Lertda and any other Borrow�r m�y apn�to extend,modty,
<br /> ��� ��
<br /> �==�'��°�w�� '- fotbesr or meke any aacanmodatlona wHh rep�rd to the tenna oi thla SeeurUy UsUumad a Me Note wlthout th�t 8orrowa'a �
<br /> ' 4�. consent.
<br /> : • • ,�; 18. I.Wtn Cha7�is. If the Ioan eeourod by tNa 8ecurlty tnetruma�t ta aubjaat to a kw whtoh eets mudnwm ban
<br /> - .. � ��. aAarqee,and that kw ia Artay Interproted ao th�the Interest or oNer to�n ohargea eoAeated ot to bs coMeated h eonneodon
<br /> ..�� wtth ths�oan exceed the pemittted Ymlts,then: (y�rry auah loan aharge ehul bs reduoed by the umouM�eoaseery to reduoe
<br /> '•� the ohups to the penr+ittsd Wnit; ind @) �ny suma�keady coMeated trom 8onower whEoh eocceeded permttted iirAte wiA bs �..
<br /> � reNnded to Baroner. Leada mty ohooae to rtwke thta tetund by redudnp ths prtnolptl owed undet the Note or Ay naidng� ,.
<br /> . . . �• dlreat paymeM to 8orrower. If a retund reduces PrindPel. the reduatton wql be treated ae a P� ProP=Yment wrihout ury
<br /> .,. . .. propaymart oh�upe under the Note.
<br /> '� 14. MOtIC�s.My notlee to Bortower provlded for fn thfs 3eaurity Inatrument eheG be Qhen by detiverinp{t or by maWnp It
<br /> �.:-. by tUet olasa m�N unteas epplloable kw requtroa uae ot another method. The nottae ehW bs dlr�eated to the Propaty Addroas
<br /> or�ny other addroae 6ortnw�x desfgnatea by notlae to Lender. My nottoe to Lander ehell be 9Nen by ftrot olaea mW to
<br /> - —_= Lender'e address et�ed heroln or eny othet addresa Lafder dealgnatea by noUao to 9orrawer. My noUco provlde0 tor In thta -
<br /> ' Seourtty tneWma�t ehaN be deemed to hae been gNen to 8ortowx or Lenda when gNen aa provtd0d In thla parapraph.
<br /> � r� 1b. Dov�rnlnp L�vu; 8owrabllfty. Thta SeourNy Inawment shap be qovemed by taderat Iaw and the taw of the '
<br /> Judsdiadon In wh�ch the Property la beated. In the ever►t that arPy proNalon or dwee ot thte 8eowlty InaWment or the Note
<br /> ,, ., eaMllats wRh�ppHaable law.eueh eonllFat ehad not eHeat other prodslone ot thls Securtry Inetrument or the Note whlah can be �
<br /> - gNan etleot wlthout tAe oonlqattng provlslon. To thla end the provfelone ot thfa 3eeurtly Inatrument nnd the Note are deolared to
<br /> be ee�rereble.
<br /> '' 18.6orrowa�'e Copy.Bortowctr ehell ba glvon one aontortned copy of the Note and of thta Eecurity InaWmeM. ,
<br /> <,�
<br /> �• .
<br /> ' • F1318.4hIG(��89) Pnqo 3 ot 6 .�� �,�
<br /> . &5088 i
<br /> , o
<br />
|