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<br /> .� •s� :;,, Bonoxrer rt�y auo sua6 a de� and �eg P� � P�4�PA 18. bfl�sing the a�or�or pm�g tc be :
<br /> ° �.�� . �d wM b n6ng ih�. 6�Lsndflr's good te�deUerm6�atlon.P�des tar[eIDue o4 tde Bortow�'s tnte►est fn the Ftopmiy ar l�'�t� � � °
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<br /> '�f..''' �..4,_� .P c 0}tl t 8 Q 0 1 1 Q P S D B d b J/�1�9 .��I l�l�l tRSh7IIItERt Ol l.�IddB S�t'11�1 61IQ@St. BGlfONfe'!SABD 8I80 60 111 r.[�'�."�S{� �.
<br /> _ �Y o t h c t rt t a t e r m l 6�t t�se or�rate tr�tom�sflon or�ne�te Lende►(w . � _�' b.;�
<br /> ��- deiault 8 Batmwer.�g the toan epp�ton P��•S��1► ��_ .
<br /> ' � ` taQad to provid0 L+endor rr8h sml m�tst�on) tn oorm�► wflh tAe toan evld�eed b�►the Ptote. b�duddrttg,but nat �
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<br /> ; .�`.,.` �.q,',;. �d4�rd to. eePteadtmttans oone�r&�g Bortower's o�suPen�Y ot tt�e ProDe�ty as e pt6tdpai reaTd�ae. H thia SeauRy �.�Y, a �,�`, ��
<br /> `:,s.`�:` h�sOn[mcu�t b an o feaseAet4 Bomaw�shaD eemply wGh aD the provistona of the tease. If Bortow�acquUes t�title Lo the <,`,. 4 ..t . ,�; ,,-._
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<br /> Rap�ty,the tessaticid and tho tee t�le sh�l naR m¢�ge�bss Lend�agraes to the merger 1n wdtlng. ,
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<br /> . :F.:,� T. �oteo4loel o�I�nder'e Righb itf the Property.B Borrow� taIIs to pedorm the eovenaMs and agreemerns � `= k �E , " ,
<br /> .`4�"_-`1 s,, .- : . cort�Uegd� tA(a 8eau�►�.or thae ts a Ie�1 proesadG�g that may signtSeentty►e�eet L�dds dghts in the Ropert�/ ,� �- �.:� � 4 _
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<br /> ; �';'`.;`t in for condaru�stlon ar faief�a or to e n t o r t e�via w�{o n s).t h�L.e n d e r m a y F.��- :�. ,
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<br /> �" �� Qo a�►d pay f�wAato�rer� ne�sary to proUect ffie vahse ai tt�e Rop�ty end lend�'s dgMs In the Propertyt. L�d�'s edloas r , � � �::
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<br /> � � rtmy�Qo 0�9 �Y sums sseured by a It�whtch has pda�yr wer thts Se�xQiry fnshumer�t. aPpearin8 In cainf.Pall�9 ..�
<br /> �� t�tGpnG6te Bfiafnbyl3'f�3 Br�A a#a�ou t�e l�tODeth t0 make Rpa�a.ARho�9h Lmdet may 18ke BCUon iutdel thts peregr8ph `� �__
<br /> < `:yr� r `•i 7.I.ender Qoes nM have to do so. n �
<br /> < qpy emo�atts d}abutaed Oy Lenda und� para�apb 7 sAaD bemme ad�tlonsl debt ot Bortow�seaued by this 8eauth 1 �
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<br /> ` � 6reUumertl. 1ltdesa 8acrower �d LenQer a�ee ta oth�tems of payme��these emourds shaU b�r h�t irom tha date al � q �� � ;
<br />- -.'-=`� -- - , �ShweEment ot Ute Note reto et►d sAeD be pajtable wrfttt Ut�reaL u{�p�.o..n�n.�ott�trom L�d�toJBo�.r�ra�w}���ry�u�n9 PaYR►e� •< S.._ '�f%.�--�..'�.�
<br /> . !. • �`.. . '�•�:: A /�e �M� ,MIM�y���( Y{OY/WI��8�n�V, Ii1GIW�9 Y�0� ��� 1.. . 4 4 .
<br />_ . t , � �Y��� '\W�i�� �4�+YCJ �w{YYO�R� .A` _,: .
<br />'• i'S:��:.i,�_�": : $Qq���Sal�i�BOJ[OWOT 0�18�pSJI�@�!8lO�ilt118(&�6�LO pffi�l 1�1g�$�iI181lt8IiC8�8�.���S/��GO.�18 .:'•. .T•: , , _
<br /> - enawgugg�ra�e�v�e�equlredrDfl���or eeases to be tn�Banow�shaD pay the p�huns re�iVed to c '-Z � " •
<br /> w � Ob�il COY�lB$9 8{1�8�8l1�BQ��Y8+Q11 tQ 1�18 RIOtOg8g8 k[StQBJIC.�pl6Y��Ii�J1 f!1 8flBC1.8!S COS[���il�0 1Z18 c P � � f Y' .
<br /> ` r,�`,` cost to Bort�Br of the matggSO (nsuranaa pterloustY in e�teet.from en aPoemate mortgage insur+�appmved isl► Lend� H ' :4 � ., ,,-.
<br /> ¢ ` --.:;. �tttln�e�fNa�t mortget{e(ns�uaaeo aov�age b noi avaDahte. Bortaw�st�pay to Lendv ach mc�a s�e�pue!to . �
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<br /> - - '?s`-`�- an�Mr01RA ot the yea�ty maatgcge I�wattce ptemium b�n9�id NY Bomower wh�ths b�snrance cavea��ed ar ceased to .,,4;•.;,�, ,.,..
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<br /> �, ti:z Ee d1 8ffeeL L¢nder taA�7 8rxepL uts0 end n9min these paymerts as a tosa ressva 6t Qeu of mortgsge ismu�aee. Loss tes�rve s r ;, e;
<br /> P���Y no lmsga�e roquU�adr at tAe option of tend�.H mort�9e tnsuranee caveraSe(tn t!��ssi and tor tl�e pertod , = ,E _
<br /> .�_ �'• tl�at l�de�equUes)ptavtdad by an Nattra' epptoved bN Lender again b e c omas avaQable snd b a� 9otrower sAeO PaY - -
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<br /> '��':,: �4, the premtums�U+ad to msU►tetr►moRgagO G�iee in e�ieW.or to pm��tQs a loss rese�ve uMD B��cmnent tor mmOgage •: ` �
<br /> D�n Bmrower end Lend�or eppUcabte Imv ` �� � ;
<br /> .i tt�i�C11d3(R 8CC0►�t!!8 W}�1►Bi�Y Nft�E[!fS�IlWIt `:=i=.`' i`'� �-z-4-•-{- ,
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<br /> ; F � %:° 9.It18�Qi1.Lendet or tta�gsnt mall�a�e reasonabiB e�rttes upan and inspedIons a1�te Ropery. tend�sha11 glve ,. {,r �x�;
<br /> .f .: � �.,�:' Bamower n/o��ttce et tho th�w a1 or ptlar to en IJnapecdon ep�B{reasanebie cavse tor the 6�spedlen. /�� ' � , <,s,,
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<br /> ::1' - . t Si.�..f'. �O�VV�������-•Y_^~Y. �"7���OIIN��7i`^r�VLGY�Ot�������d�iH,rIW�� /- ._.j?! {.i':
<br /> - , •G' �.-.F;.�."P'��v oonQ�natl�n or ather t�tg of arry Pact of tAe Pmp�iy. or for comeyance in Ueu of aond�m�atIan��e h�ebyr�gned�d - - - :>::. -.-
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<br /> �, In tho werA ot e WLa1 ffi1�8 01 tho PrapeRy. the pro� sSta4 be spp8�to the s�s seamed by lhis 8eaa�1 -�-��- °:
<br /> �k , Inswm�tb wltether a nat then Que.wM erry w�oeas palA to Bae�awer. In the e+rertt of o pset�t tatdng ot tAa Ptoperiy fn P� �� "R,� '
<br /> ethe � z �t� _ � ,:
<br /> � � �` • 1ha teb maA�vaNe oi tho R�apeKY Nu�+�►be�ce the tat�g Is e�mt to er�ater tNara fhe emount of t�►e s�ma searted �. :
<br /> ` ` :. �. bY Wa 8eauftyr InaWme� Qnn►¢Qtatslfl 6efare the mt�ng� uN988 BOROWEr elld L,�Id�OZItHNII89 8gT68 hi WI�§lQ.t h B S�R i i s �-�` �i < `` � ..
<br /> ::••�. se�red by th�8ea�atry inabum�tt ahe0 bo raduced b1►the amota�t of the ptoceede routUP9e0 b!/the fiIIauvtr�9 trs�: fP)�e u. : '�,, � ,:.
<br /> i •s { ��v; t a m!t u n ourt ot the eutro sCalted dnmo�tafy tretot�ffie tetdng,dtvfded bY(b)the tab matftet vffiva ot S�a RaP�Y�Y '' .
<br />_,,.. . . ._ :. :�.; beZore the midng.My baten�o eha0 6o pald to Bortower.in the event of a p�lal�idng o f t he P t opemr�w h t c h t ha f s�r m a r k e t x ;; ,`�`,��
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<br /> .- �' v e t u a a t t h e P r o p e�t�l��t�h l betoro tAa m1Qn g�Iesa than the amourrt of the sums seaued frtr,ne�atetY betore ffie tatQng, . a :
<br /> � = uniess BoROwor Eutd t�dC►ofheftvke egte� �wAtlng o� uNess eppQcable taw otAetwtse provtdzs. tha p r a�e�s e�D be J a ' �,
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<br /> `� .r ePPQed to the swnaf^eewa`tMtc��bwy thb Be�/��ofh�u�M�/Yument whe�tl��w or not tha sMums are then•�QMu� Y� ` ;. i��i �
<br />�--_G�. .v•;..•� . ��Q���N OYW W1�'���Y/�VnW�Y���1�LYW����\V����V��N Y1W�e WIN�MIY,����� . .'��f. ..,,,t. ��
<br /> " ewacd a►s�tfts s dabn in damagoa, Bartow¢r taQs to reapond to Lender w�hin 90 days aRer the�the rtaUce le gNen. ��-'� ,�.:: ,i. .},,
<br /> ; . : r 6enQ�ts fluthoriLad to coIIaal ana ep9(y tha p�oaeeds,at�s opttat�.e�ter to restorafion at�yair of the PropsQl or to ttte � .:# � ,�, 1_,
<br /> s�s s e a tt e d b W o 8 c p i t i t y htattwttatt�whether ar not then dua .>, ' -
<br /> . � Y Qcatton ot roceeda to prtridp�al shaU eot mRend ot ; � ;:f�:-
<br /> 'f , , ;:S; thdsss Laid� and 8atrowq oihc�Aso a�ao C� wdttng enS► eDA p
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<br /> ' :. ;�: Doatpone tho�ta dote a1 tQ10 mW�tNyf paymei�O�otemed ta I�p�agrspha 1 and 2 or d�anga the emouM o1 such paym�e. �%� •! .- —
<br /> ' 91.Banowor Not ii�tw�� Fo�oeanoe By leeder Nat a tA►atver.6�enstan of tne trme br payment a : � -
<br /> � �;',� ��.;:�;u; ma�ftcatlan ot amorttrauon ot the ewm�eeaimmd OY thb�ec�c�fty►tnswment�arrted bY Isnder to arry suaessor m ir�t�at ot ' � ?. _`
<br /> -�,�...,.=�•-r-=r>:=;�- Bo�shaH nae a�te t��ase IAe IhOU$y ot the attgU�at Boaawer ar B�row�s su�ceasora tn bRaest Lender st�not t `�, _
<br /> ` ;-� �• ;' b9 t+a�uhea to �m�ut�G� P��B� ���!► eucettssor b� GtYa�,st a tetuse to efQe�t d t t me t o r paym e e n t or o 8 t e t w i se � � r
<br /> ? .' + 5 mpdHy amo�ttpn of tho atons aESartod by tNo 8ecurlty t�fsG�anent t+Y reasan o!erry Aemarid mada bY the oA�8mra�vet or � = , �,
<br /> ; 1.:� ,: .,>'• ` Barrav/e���e/�aeaaesea�a 6� b�+aab MY tatbe�noa by Lmrder tn exedsln9 enY�fght or cemedy ahaD nai be e waNer of or '}�.:.�-.
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<br /> . � ' - .�, y�.8cuc�ssor�sn�AsslAras�unQ: Jolnt mnd Severat I�s�ility; Co�stgne�s me cave�a�and � .�� -
<br /> �'v ' ; e�e�tt�ts ot tt�BawAly inad�tm�t eheD bind and em��ltt tha eucceasms en d a s s t g oe o f L e n Q e r aa d B o�r r e r.s u b�t o t h e ' '�'���'
<br /> , . .'�' pra�Aslona ot para�aph 17. Bonowole aov�ant�ond agt�anarte s h e 0 be J o i�t an d sev e r a L M y B orraw�w h o e a s f�a t h f a , : ` '�� '
<br /> ,.�.}��' SeaaKy Instivmant bul Qoes nof mcearto the Nate� (o)(s oo�f�tn9 thl�Seaugy h�adument onty to m�ge��end comrey _: f f _, ,
<br /> :, :.,��t; thffi Honcw�'s frtereat In t�o PtoOaAy►under the terms of thta Sea�Y tnstr�arie� (b)fs nat persw�fy obp�ted to pay the . �
<br /> . ,:. aums seama0 by thia SFxuilty Uatruatonfi en0{o�agier�that LEmder end a�ry otAer Bortower may egr�e to e�Qe�ad moe4iy, +. �:'.� ,._.�"
<br /> .,.._ .''����� .`.f ta�besr er mako arty aacommodattona wdA regar8 to the t�rms af thle Sewr�y tnatrtnnm�or the Note vu�aut thal Bociowe�e -. ";�-
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<br /> � .' '. �;; aansl9. LOi�I CAOfg00. It tA9 lo� eeeur�ed by thtfl 8eau�ty fnshumeni Ia subj�tn a faw whicb sete m�num tam� ' � .
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<br /> . � .�= eharges,arta fhat faw b�a�y►fnmryrcma so tnol mo mcet�t o►outa�oan�arges conec�a or to be coQeatea tn aonnecBon , ��; �' .:
<br /> �;� �''.,�,�!` wftA th0leen�teesA tho p��Mo.thcn: (�aty 3uah taen ehacge sheD be�educed by the amourtt neceasary to teduee : • .
<br /> the aherpe to tho pennated�dk ana lb�BrtY aums atr�dy caQactaO A�orn Bortow��It�teh exceedad pe�miHed Milce wID be
<br /> - ��::`a wfunded to 6o�rawer.lsRde may cfiooao to mrJw th19 ralUnO by roQucfig tNe pMGpal aw�und�the�tote w by matAng e i .:� , .. .
<br />-_ �reat paymeM to Borrawm. H o reNnd mducas pM�al. tho�eQueUon wm be treamd as a P� P�P��t wflhout anyr � .
<br /> orePayment Chnr�g9 nnQc►the NOte. `,•� � `��
<br /> 14.N�iCQB.My saVice to BoROwm proNdod tar b�thl�BaqtAh►Insbumeri she0 Ee gNen by QeOveMg it m by ma(Mg R :��. � � ��
<br /> - .,: k by B�at�sa ma0 unboa aDDOaabto I�w maubaa ueo ot anathm mctt�od. lt�e notlr�ahaD b e�r e�to t he P r oD�!►A d Q re s s ... - . : , �'
<br /> ' or anyr o4hor ad�r�s gorrowoe dasiflnates by noUco to LenQe�. My noUa to Le�der sl�aD be ghren by Rrst c�asa meD to -"••
<br /> c:�' Lendete ad�as etetad bcrcfi ar tury ather ed�ese l�ndm QaalQnatar by noUce to Bortower. My na9ce P►ovldBd far in Ws = ' r
<br /> " ` , , Seeur(ty tnshument slm0 bo docma0 to havo ba�gNan to Bartowa ar Land�s wi�en�ven ee ProvMed in this para�aDh. .� �
<br /> � �,ti 15. �aveminp LBwi 8evorabllity.This S�eu+ity►tnstrumatA ahall be gavaned by fc�deraf law sttd the�w o!the Y.�r `; ,>, i.
<br /> - . . . .:c�..�;�.., �►�sm�on a,wh�en me w�oAeny�e roeacee. tn tha avcM that anU prov�len m deuse af this 8ec�n�y Insbumem or the Note . ,.
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<br /> • .., contitets witb epD��taw.eueh eanlUet aRaO not aHcc!otha Drovtalone o1 Wa 8sarity►Instrnme�rt or the Note whicb mn be ' ."_:
<br /> :2=:}�,_--�-'-� :-�":-; �u�aftact vAthoui Ne co�ilel9�g prmrtsinn. To tht�end Me provlstone ot thb Saa�rihr tnsinuntmt ana the Note ere dedered to -- - �-- -�. ',.
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<br /> rl . � ��. be sevmebte.
<br /> � ,,:� ' 18.Borrau�ePe Copy.Bortowm ehaD bo�umi ona cantormed copy of the Noto and ot thb Seartry IasbumerA. � `�:;
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