|
7. �rot�cUon o4 Lender's Ri�hts In tln� R�°op�rty, n s«rorrer ta�x co perfo�m che cave�nt� end rore�n�ents
<br /> cantair�d h thls 5ecur�y Ir.sm,mant, or tt�er� 1s a�iep�t procoeding that r;�ay sqnw.�a-yt,r :,PP�c4 Lander"s riphts h Mei Propsrty(such es
<br /> a RracesdlnQ In banlvuptcY� Prabata,,for car�cle�matiors or(aa3m�um or!a aniotia�1�� � +a9ui�tlons)�M►an Lenrl�er,cn9Y do and pay tor
<br /> whatever is nec�ssary to prot�t t�.s v�tkre ot tha Prop�rtp a^� l.e�der'a riphtx 6� '��., '�;pp�et�,. Lsr►diws''s rc:bns may fnck�de FaY�G
<br /> anY sums secured 6y a ann whtch has prkrrRy ovur this 5ecw:�� tr�atrumant, �asrk►g m court. PaYi�ra�aon�b�►attorr�a iws �nd
<br /> entering pn the Prpp[�rty to meke reAehs. ARhqNqh Lender mny teks+:ctbn under thts �sraqraph 7.Lend��fvA�rlot Mave to do sC. .
<br /> Aciy smD�n1E d'esburspci by l.ender ur►der thia paw^w�,�h 7 shel becoma sdc:�&a;�al c�oDt 0/ 8orrewer sact+red by !hta Security CD
<br /> InstrumBnt. Unless t3orc:,��;, ond Ler�dar apree to ath�r ten'n� of paymant, :h65e grnou�tE shal bpar 6tteva,st (rOm tha dnte Of '�
<br /> diaburse�rnent at ttie_Nate rsts and sh.af be payabl�.w�w intarasA uPa+nntfc.�trom t.�r�de+ to Baarower ra�uestlnp P�Y►►ient• �
<br /> 8. Il�ortgag!! Insurllnc�. �t La�der rsquted martq� hsuru�ce ar a condRton of mdchr� the ban aectared by thls
<br /> Securlty Instrvment. Borrowsr shat R�Y �� P+'emiuma requi'+�A to mah►,�h d+a mort�e haursncs ka �lect. H, 1or a.ny rerson. tha �
<br /> mortgegs krsur�rrce coveraqp reqr�ked by Lenderrr Irpaea ar caasaa to be h �Plac� Barrowor ah�A p�y tha pnmfums rrqulrsd to obfah Q
<br /> oav�areqs subatanttaMy aquNaknt to the rr�tp�p Inswshce prev�ou�y h ��, at a cost wbatanti�ly �qu�tivalsnt to ths cost tq �
<br /> Borrawer vf the mortqap� insurenca pr�viousy h eRect, trcm �n �ka�m�M nwr�apo Inswar �pP►pwd by tander. M aubaWtkly
<br /> •quhralent mortgeQe haur�:nce covpr�pe is not mYobls, Borrowar ah�N pey to L.�nder each manth a aum sauel to on�twrilth of tM
<br /> f'eerfy mortqape k�aurAnce Esremium bairW Paid bY Borrower wrion th�hauru�te cbveraqp IaPsMd or�ased,ta k� h a�(act. l..ander w�l �
<br /> ecceqt. uae eau! reta� theas prr�te �a.� bss r�erve .in Mu oi ma�e Insurar�c�. Laes �rw p��menta rrMY no kx�q�r b�
<br /> requked, et the optian of Lender. U mor4U�apa hwnu�ca aaverep� M th� M+toixtt rrtd for tt� pabd that Under r+�quMsa) Prov�dad hY
<br /> en heurar ap�rove� by L.endOr s�lh beCOtn�as 1tvA4�ble end b �Dbfs�led. BortDrver �h11U Wr tM Drerr►IumS r'aql�ked to melndlh
<br /> murtqa�c hauranCa h eMect, ar to P��� � ioss nsarvr. ur+H th� rsqulrrrn�nt for morlp�pr ktux� enda In �ocordanc�wkh eny
<br /> wr�ten agreerr►ent bPhwsen Barrower and Lender vr ap�sqcAbir i�w.
<br /> 9. tnspE�Uan. Lanasr or ttg apanc may meke renaanable anvl�a upan a�na inspectrone �r tts�. Fro�rarty:" l:rndar sha� owo
<br /> Borrower notice at tha eh�e of or prior to an lnspectlpn sPeclhhW r�tsonsbb cause"ar t:�4 kespectM,��.
<br /> 1Q. �ondarnn�atlon. 71Ya proc� C( �ny awsrd oP CNim Tor dart�qas, d�r�;.^t or Co.°ssllq�aenRiwl, h conneCtktn wkh any
<br /> COnde�rxiatton or Other takk�q of�nY 9�urt ot ltrei Propar4y.vr 1or core�Yrer In 1{a� Q�r.ondarrru2bn.�rs h�rsby a�.ifawd 11nd ahxM ba
<br /> Psid to Lender.
<br /> In tha event of a totei tekt►q of tfie IPr�perty. the prrx�eda shAll � appped Co the sums secur�d by Chia S�urrRy Instrureient,
<br /> whether pr npt thers due. wRh eny �ss paid to goROwar. In tha e�ant pf a partipl tekiny of the R°o�serty h which tho iak mulcet
<br /> vaiue of the ProL�Y Immediabey bnfarn tt►e takinq k squsl to or yraat�r thrn the amouht af ths aums secu�lK1 by thla SpcurkY
<br /> Instrument Y»m,sd�teFy beloro the takhq� unpaa BaroMwr and Lander otharwiae apr� in wr�� ffw tums s�cursd by this S�curky
<br /> Instrum9nt shaM be r�duced 6y t6►e pmount di thp procaprla rt�uR�pnd br ;he lolfpwfng� k1iCHpn: (a) tha t04p! Nrtuount ot tfN surttt
<br /> seCUred knrroedi�t9Fj bafore the tekhq� dividBd bY (b) the h)r rtwk�t vilus o/ths Property Yrrr�sdl�tay benxa the takkp. My balsnCs
<br /> ahaN be pQid 4a Borrower. In tha event oi n pArti�1 t�kinp� of ths ProFwrty In whOch ths hk m�rkst vek�s af tha Proparty Irrxrbdiatey
<br /> betor� tha tAlchy ia {�sa than th�a emount o(tha aums aacurod �rrnedistey belaa ths 9akinq� unbss Borrvwar and Lender ntherwfee
<br /> eqrap h wr�hg er unlass appYCable law otherwiw provklss. tlw proc�eda she� bs app�ed to M►� wma eocurrd by thla 5ocurRy
<br /> Instrumant whetl�er or not the aums are then due.
<br /> H the propertY Ls ebandon�d by Borrower. �ar N.aRar notic:e by LencJer to Burrovrsr thpt ths condart�npr olfers tb make an pward or
<br /> sattl� a cMkn tor d�mapes. Liorrower faAa to respond ta laander wRhin 30 days �t�ter ths dete the notice is qNen, l.sndar la suthoriaad
<br /> to coMn�t�nd appy the proceeds, at ks optbn, aRhar to reataration or rdpair ot I1�s Proparty or to thm wms aacured by this Sacurily
<br /> InsburtK►nt,v�helher or nat then dus.
<br /> Unl�a i..�nder and Borrvwer otherwtss a�rea k� vwitinq, k�y apppr,�tbn af procaeda to pri�clped ahaN not eodend or po:lpana ths
<br /> du�d�6ai vl th�monthly peyments rMarr�d to h par�grapht 1 �nd 2 or chnnp�th�srtq�nt ot guCh p�,yrtwntx.
<br /> '1 V. Barroaaer Not Releaecd: Fvrbearence By Lend�r Not a WsiKer. �,ccension o► � �rr,,, rr,r pay,r,�,t or
<br /> modric9clon or arrsnrciractan or i,,s sums ae;.ured ey thi�secu:ky aia�run+arn arpnosd hq r.wrwdar co e�nr succesaar h Y�eersac or 9aro+rer
<br /> ah�M ndt oporata tv rekeae the Habif�y of the orlphal Barower nr Borrnwa�s suc�%�asora h F�Re�ast. Lander ahaN no4 ba raqulred to
<br /> COrtp11ef1CA p�OC6Adi�ly� 8Ql1�'18t 9f1y EtlCC8380f tl FIIEf'B�t OP FO�UlL9 �6 e0RlNld Zif1B f0� plyfYl9flt Or O�h6fMr�S9 t110dMy q1►10�4�PAtbA Of d16
<br /> sums s�cured by thks Security instrument by reasa� of snr da+nr+d meds by tha �rfphel Barowar ar darrawea's succsssors in
<br /> htensG Any ferbearance by Lender in euaerClatW ony ripht+�r rarrwdy sh�.�nat be s ara?�ee• of tx pnclut7� tha wrer�ise of�ny ripht or
<br /> rwMdy-
<br /> 1�. Succesaors and Asslgns 6ound; .icint and S�versl Ltd�NKty; Co-si�nera. ri,e cov�r,an�a and
<br /> e�9���sM v� this Security Ina6ument shaN bind and be�eli� ths a�sors �nd a�slpns of L.ender end Bunru�5r. sukr�ect to the
<br /> proviafona ot para�re;ph /7. 8orrc+we�s cavenants and �yreer►iant# shrM bo Joht tlnd �+rarai. My eorrowar who Co-sqns this SaCUrRy
<br /> Instru►r►�nt but dnas not �cacuM che Nob: (a) Ia Co-sl�hp thi� S�ukp Inepyomont onlp to mnripape, qrvet, Ilnd corney thet
<br /> B«rowka htereat h the Proparty under tPse tama of ths Sacurky instruman� (b)q not F�aracry�y cp�pl�d to p�y tha sums s�curod
<br /> by this Securky InsWment; nnd (c) eqrees Mat L.ender and �nY ot►rar Borrower msy apr� to s�ds�nd. modfY, farbear or m�ks any
<br /> accorrimodatinns wkh reserd te terma of this Sdcurily Inslrumant or tM Nom w�hout that Borrowars conaent.
<br /> ��. L.oan ChnrgCS. n the tosn securod dy thls SacurRr Inahument la wb�ect to a �w which taps maxhium ban chupss.
<br /> and �z+5�.� Isw IE fina�y intarpretad ito that tha itterest or otMr I�n ch�r� Corac6sd Ar t0 b� coNecfld h COnnectlol� with tho ben
<br /> e�caea �ha panm�nad wn�s, e�,en: (A) w,r sucn ben or,e,pss sn�es nsd�x� br n,e .mo„nr n�asaary ro raduca cr�e char�. co tna
<br /> permktcr,� Itnk; and(b)e�ny sums aiready eoliacted fi'om Borrawar which �oxaeded P�►�Itbd pnits wit b�r�mdsd to eorrowar. Lender
<br /> rray oh:cwse to mq)ce this rafund by reduckp Hra prin�ipei,) owod under ths Note or by mpkirq � dkact pryrnant to Borrowar. M s
<br /> reMund na�ucas pnc�tpet.the red�x.Khn wl1 be hesred aa a PaAta�Pne�►aYmen!vrRhout anY P�eWY►�t chu�e under the Note.
<br /> �4. NOi1CBlR Any notiCC tq Barower provfded for h thi�Sac�y Ir.sbu+nent sh�N b. ph�en by daNrprhp k or by mpifnq k by
<br /> flrst clars maN unlaaa eppiic�k Ipw requiras uas o( enothar msthod. Tha notieo shaN b. dYectrd to tha Proper4y Addrass or rny
<br /> ott�ar srl;�re�s Bonower daslpnstea by notice to Lender, My notica fo L.endr s1u�e � phran by ikat ckae msRl tp Landera eddress
<br /> � atrted �reraln or rny othar eddress Lender detqnatas 6y not'ca to Borcower. My not�as provid�d tor h thin S�r,r.urky instru+r�nt shsll
<br /> bs deernad to have bsan phren to Borrowar or l.ander whan plv�n ra prpvidrd in thb pera�rsph.
<br /> 15. �^Ov�r111n� I..a1w� $CVet'sblf(t�'. Thia SectarRr Ms�t shaM bM �wrt+sd �y hd�nl Isw snd ths i�w ot the
<br /> �risdfctbn h whlCh tM Prpparty ie bcafsd. lea ths want tha�sn�r Provlsian or cleus?aN thle Sacurhp Matrurt�ent or thas Nota conf�Cts
<br /> wkh eppfi�ebb Isw, auch confrct sh�N not attrt�:t othrr provlsbns v1 this $o��rky �n�t�m�nt or Nw Nats whicti can bs ph,an �MrCt
<br /> wkhout tha confticthg provislon. 7o thks and tfse qravNiinns ot thba S�curitp Ma*rumpnt snd ths Nata er�daci�red to hc asver�bls,
<br /> 1�. Bc�rrowesr'i CO�y. Barowdr Bhs�O be 9iren ��i6 can(om�d c�.py of YhN t�a�h snd o7 thie�acurky InsG�a�s+�ot.
<br /> 17. 'Tr�nsfer ot the Prnperty ar e Beneflstei Inte�est in Borrorv+�r. n aM or �nr p� oc �;� Property or u,y
<br /> hterest In k �s sold or truna7arrsd (or I( s beneficiel htaast h Bqrrower is sald or lr,:naf�rred and Borrewpr Ls rs�t s natunl parspn)
<br /> wR,hout Lendara P�wrktan conaent, Undar mey, at Rs oPttnn, 's�Wte Irnn�kts psym�ant In fu1 0l aM sum� 1e+cun�d br thi� Sacurlry
<br /> Instrument. Howewr, thMs optlon shaM no!br�raerc{sed bY�+���anc(se Is prohbked by hdenl i�w as of tlw dpte cf this SacurRy
<br /> InsWment.
<br /> M l^nder exercls�a this optbn. Londer ahat yA�e Bmrower notica o!�tton.Th�notkx ahet provtda a pe�iod ol not Isas then
<br /> 3D deys kqm the dats the noti�a ia delNsred ar m�1ad wkhh which dn Barrowar muat pay aA sums secured by M�ke Ser..�urRy
<br /> Inatn�mersG If Borcoxrer ta�s tn ppy thsae surna prtor to thi�pk�ibn eN thk perbd Land�r rryy hvok��rry�w�dys PrmRqd bY this
<br /> SeCurky Insffum9nt wilhotit hrcthsr natiCa or de'rwld orl Borrower. Fenn ao�RI�o
<br /> Fto79.14�k3(�e) Pyr�el s
<br /> �A
<br />
|