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<br /> .� �;���`�-'�%' ` sso t be az a�e option of t�ea.if moitgage�suoe coverage rin tht amount ana for tIIe perF� `4
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<br /> ��=��,� '� tbat.L�ader t+equt�s3 Provi�ed by an ins�tne*apgt�v��Y����Ie a�d as obt�ned.Bo�sbal!�y � :
<br /> ; . �1he pr�tiams�u�ed to m�aiWain martgage�in effect.er to provide a tosc�n►e.mntil t6e requireinecu for mortgage 4 :
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<br />-;-�y;.�:,z.,-:`Y'.-_''�: . ��ds im aovordaaae with aay wriuea a�ment be,tween Borrower and Leuder or spp� .
<br /> i4"�,�`< /� *_,,,�,,� ��p��p malae.re�onable emsies apan and in�Ctioas of the Property.L e a der g h a ll give �:�°`
<br /> _ a ti_� �`f.t. T�'I�i/P�u QI RS'b r�.J .
<br /> Hoimaes aotice at tT�e time af or prior to an�aran speafyi°g masonabte caase far the iacpecolon.
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<br /> �"�'� � �`�� a�ds of any award or ciaim for damages.duect or oonsequwtial, in oannectian with aay
<br /> -:r" -<x:�,-.�� 1Q C�•T�P� �;�� ;
<br /> L,`�` � r -�, oondem�ion or aaher taking of aay pas4 of tfle Ptopr.�ty,or for oonveyanae in li�of ooadeianadnn,are trec�ehY
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<br /> _ �` ° . In the eveni af a Wtal taking of t6e Propa�ty,the pmceeQs st�ati be apptied w the sumg secnred by t�is Se�t��.I�,
<br /> whether or nat tben dtte,witb any exc�s paid tn Borcawer. In the e�rwt of a paztial taicing of the Frogerty ' �
<br />`4•:'`�-'J��� Y2111C Of�iC pI0 ��n'��is ctjmi►w w g{�'.:�'�'��1=—a+»nt nf t}�P mtnq ce�11T�bV t$IS -
<br /> '� �� � �"�^ $�►j�p�E�t8��►bCfOlC�lC t3�g+��BbiIOWC[8II��Ef Ol31CiWISC 3gfCe fA W[lttflg,t;IC SiItOS SOWI���i +�`',
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<br /> E = = tlsis gecurity Ias�umeni.shall6e ceduced bY the amoun!of the proceeds �Itiplied by ihe follawing f�a�xiAn:'(a)tl�e tatai " .
<br /> .� �_,:`�. �`�``' before the tatdag.divIded by(b)th�falr markct vatue of the P�p�rty immediat�lY °_
<br /> �;;, amount of the st�ns sea�md i�in�eZY �-_`
<br /> � `" ' befote the Ctkin$. �Aay 6at�ce staall be paid to,Ba�rower. in the ev�t of a�artiat talring oF the Prope�ty in whlch the fair _
<br /> �` �`4?�b'f`: t� mazket vatae of t6e Pmgert�t�y before the tsldng is less than the amouat of the sa��s sa�i� ;arpty befote the �.,
<br /> ' in wiitin or uatess applicable law otherae9se provides.tt�Pmc�ds sbail �`�.:
<br /> Q`�_ '��`�:..;` . qWng,anless BoYrawea autt LPmder otheiwise agre� g . `
<br /> �,,.
<br /> �:_�� � �'' be aPplied w the soms�6y this Seauiry�su�t wheth�or aut the sums aze thean due. �,�.;
<br /> � �,,f� ��a�:: 1f the Ptnpetty is abandtmed bY Bortower,or if,aRet aotice by I�er to Bormwe�that td�sundannor o�eets ta mala�an
<br /> ,.`,�:.> h.'-.•.' aaard ar settte e cla[m for damages,Borrower f a 7�w;e s p o n d t o L e n d e r aridua 30 d a y s aftEr die d�te the Aatice is'given,.
<br /> .�t � , ;: �
<br /> • �. Leoder is aat6oii�d w co!leat aad appty the pmc;e�ds,at iis option,either to resw�ation or repair of the Froperty or to the avms
<br /> '� ' � �t,�,.Q�,..��.��T�,,�.,�...�..� whetft�or aot then due.
<br /> c2 fr 4l rq ...--1.'' �b�W!a vaww!�+�J+u�u�++�+r+�M: __"
<br /> ? r M� Unlc�Lender and Botrower otke�'sse agrt�e ia wrIting,aaY application�°f pm�d.4 m p�aaFal s6a1! Aot extend or _
<br /> � a`� refeir�d to in par�graphs 1 aad Z or change the amoant of suc8 paymcnts• � ;
<br /> ;;-u_Y f:F:;� Qastpoae the due date of the montblY PaY�
<br /> - - -. "�:�:; � 11.Bor�+uw�Not Rei�tl;Forbearanee By I.atder Not a WsEvae Exteasion of the time for payment dr modificats� �-__
<br /> r ;'• r� '��' • of amo:dration of the�sums se�ured by this Secarity Instrnmeat granted bS►I,znder to any saceessor in intemst af Bormwer shalt. �
<br /> � -°���=: ,not op�ate tQ release ttte.liab�ity of tiie original Borrower or Bomawet's succ�sors in inierest.Lender stutl�not 6e tequiied to '. �''9-�,
<br /> , '�'' -�''4• oeed'm89 againse aa3►sa�sor in intecest or tefase to e�iteud tune for Pa�msent or otkeav+"se m°d'f7+� . .=
<br /> �.. „ ��:��- of��secuced by this Securiry Insaumem by reason of any dernand made 6y the originat Sorrower or Samaw�'s, . ---
<br /> .�.;` �"����". saccessors Ia intet�est.Asry foibeazaace by Lcadec�in exe+sis'sng aay ngi►t or ce�edy shal!not 6e a�waiver�f or.precW�e t�e � _=_
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<br /> e�dse oY aay rtght ot r+ea�edy.
<br /> ,..:g. ; �}��� IZ.saacessms aaa Asstgas EomWi ao�na a�c!sev�!I�aD�ttY� Co�'�-'fl�e,oove�ts a�,a agreements of this. , � -_
<br /> . ` :-���..'u`�=-,';' Secu�fty Iastrameni shall bind m�d benefit the suc�ts and assigns of Leader aad Borrawer, snb1ect to the'pravisions af . _.�
<br /> :; astr men •
<br /> • .::', ``�.'� .; . !� 17.�Borrower's covenarus aad agreements shall.be joint and seveiat. Au}r Borrower who a�si�gas.this S�itY �_-- -
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<br /> - .�.:-.�.,�•°?`, Ins��merit bot does not exeraue the Not� ta)is co-signin$tbis Se�cutity Instra�ent oNy w mo:tgage,gca�t and oomey tl�t _ __--
<br /> � ,,- : �':�� Bormwet's iut�st in the Froperty and�s tbe tenns of this SecurIry InsaumeaG(b)is aaY persorrdUy�obllgated io pay the� , _
<br /> ''��.�'.�'��� sea�md by thts Se�irity Ins�nent;aad(c)e8r�that Lender an�any athar Borrower may agcee to exte��modifY,fazbear or .• --
<br /> .�:,;:. � �°• .�.•' m�e suyr aaommadations arith reprd w We terms of this Secuiity�nsaument or the Note,withant that Burrowes's consent:
<br /> � :'.,,+.;�'.:�.. if the 4aan seaued by this Se�urity�Inswment is subjest tu a,taw wh�b sets ma�dmt�m Ioan cLarges,
<br /> :, , �,. ,� • i3.Loan Cliseges. m�m
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<br /> _ . ; �. . aad that law is finally iAterpreted so ihat the iriten�st or ottic�loaa c�rge's w}lected or w be colleeted in aon�ecd�oa witlz tlie
<br /> `�.`F.�.�L';=�: loan ext�eed the peemttte�limits.tlien:(a}aay sac�taan charge ahaU 6e reduoed by the ammmt aec�sa�y to redace.the.cha�8e
<br />`��.:_:�::��;'- which ext�eded lim�s wi11'be refouded�to �
<br /> :.�-=�=--r s�.;�! �.�_ to the�pemuued Hmitt and(b)at►Y smmgalreadY collecxed fram Bormwes P�
<br /> _._-�;:;=;�.;�;�;"� ' Bmm�wer. Lender maY chaose to make this refim0 by �dusing the�rinc3pal awed ander the Note or by maldn�,s dfre�t
<br /> ��*'$�, PaY�t w Bo�raarer.�lf a�cefa�d r� priacipat, the neduction �vi11 be aeate4 as a pardaf,4repaYme�it wittcout auy `
<br /> � �� .
<br /> �;.� � y�epaymea►t cbmcge nnder tiie Note.� . , � �
<br /> - '.,._'�.-;� 14.Nattees.Ai1Y notice to Boriower pmvided for ia this Se�rlry Insuument s4a1!be ginrea by dellveri�tg it or by iaaiii�g '
<br /> `-�'�� it by fi�st cla�s mail untess spplicable taw reqnires use.of aaather method.The natice sha[[be diiected to tbe Fropeaty Rddress � -. ..
<br /> _��yY(�i�.
<br /> "_°-:;�-4�; � �or any.other addsess Bon�wwer destgnates b3+ notice on I.ender. Anyr aottce fo L.ender shall be given by 6rst class mait.w .
<br /> ` :��-".,,.. . 1-2 � i�ender's address staud herein or auy othes address Lender desip,�ates by notice ta Borrower. Aay natic�o provtdod fot in tbis
<br /> v=°�-�-_,�:. :�:. . . 5�urit,y lnsuvmemt sball be�deemed to 6ave been given to Bortower or Lender wheu given as provided in this paragtaph. .
<br /> ..�•,A ' � ' 1S.Governing Law; 3evprabiHty. TRis Se�tltY•Ia�men� shaii be gav�rned by federel Iaw aad ti�e Iaw�ef iAe . '
<br /> ''��'�'-� ': jur�slicdon�n wt�ch ttie Property is Iocated.In th�eveat that�Y ProvIsios or clause of ttus Security Iasmnreetit os th�Note . .
<br /> - .e..�,;_.��� . .
<br /> :-^-=`.;':;:-;. {�� � eonfliets wtth app3�cabte law,sueh conttkt shaU aot affect other provisians of thL9 Security I�sttumeitt or tha Note which can be J_ _
<br /> r�� ,�; given.effes�.wlthout the conflicpng pmvision.To thia eicQ the provisions of this 5ecurity Insrivment and the Note are declased �:_
<br /> f� �:' w be seirerable.
<br /> ' `�� � ;�� � . _
<br /> ..n; . .,, �6.Borm�wer's Copy.Borrower shall be given one conformed capy of We Note and of tbis Securitg,Iostromeat. _
<br /> �` A-��`. . . Fomt 3�28 9/80
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