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<br /> , � � ;.�, � . . �7.Prahcdon a t�+d�r'.al�hlt U eh�Prop�rt�r. a eoROw�r M�M'i6�«lam u�.l�0 6�8�U�.d
<br /> , . ', ., In tl�ls S�xwMY In�inr�nt�a M�n M�MOr ProoMdrp IhN�nrY N0�^��L�ndu'� �1phb In IM P►oMAY(wch a�prooMd�W �..
<br /> ' �.:; In b�nlwWap. Pra�t�� br oand�Mon a Ior111Gx� a lo �nlora bw� a rpuMtlon�), tMn L�ndrr nyY do �nd P�y la wlwtM�' N —..W_��,
<br /> �.� ,!' n��My to prW�ot qw v�lw ol lh�R'op�AY�nd UrKlw's dphb In IM P►opwtY• I.�nd�r���oUons �y Mdud�Wl�W�"Y���� �..T�,--_,--
<br /> � " „ by� Mn whbh ha P�K1► ovw 11►M �Y N�trir++wi� �DV�q In oou�t. P�0 ��01� �°�^N�s NM �nd �n1Miq on IM _ - _—_
<br /> � PropNry b nWi�r�. ANhou9h L�ndr n�11 Wc��Won undr thN P�Ph�.l�ndv doa not Nv�to do w. — ..
<br /> ,.. �yry �ntounb dlrb�d b1► l�nd�r undw thl� p�npnph 7 �hd b�oon» �d�liorwl d�M ol Hortow� ��ound bY thk 8�axilY
<br /> ,. • � • :, ' InWunMnt. UnINS Bortoww �nd Undw �pn� to aAh� twm� W p+�Y�^� th�s� �a�nit fhar bw Int�rMt kom Ih� d� ol ��-_�--
<br /> r:�YS_ .�
<br /> "' . dl�bun�l.t tM Nou mt.�nd.hd a WY��wMh Intwst,upon notla Iram L�to 8artowr n4u�stlnp WY�� + f.0 -
<br /> . . • 8.Yot1�Y�0 IPiiYf�f1C�. N Lender nquMed ma10�0�Inrw�no�n�oondNlon oi nWdr►O th�lo�n ��ow�d by lhM S�aWUy -�—�:_,.,.,,o:�:—_:. __ -
<br /> 'h ..°. .�� � � ind lc m�InWn lh� �rorlp�N InswanQ� in Mf�al. tl� fo/ Ny n�son� th� nw+tQn� ,'-.L—.:-:r:,:,..kr,s":
<br /> , i ' NIIa{NIII�I�. BOftoW�f �MI p�y th� pM111YIIq f'�1 , —
<br /> � � , � Inwrana oovw.p. nauk�d by Und.r 1�. ar cMS.. to b.In .n«�. earowK.n.N pay th. p�rr►s nquind to obWn oorr.o� ,;,. .. .
<br /> « • I�nbnt to Ih� aoal to BaROw�► ol th� '"�.c,�e ^W
<br /> sub�t�ntlsMY equpr�Nnt to IM mat�p� Inw�na prevbu�ll► b Mf�t. �t � aost wbsUniWY qu . .;,{,..,�x ,,
<br /> 1 � ' In �If�cl. finm �n �II«nal� moAy�p� In�w�r �PPrav�d by L�nd�r. fl subsWtlaly �WN�t�nt mottp�W ' ��h.�:;r,,J'��.:=
<br /> �� Imumno� prwiou�N ,
<br /> Inwrana aov�p�b not�v�Ybb, 8or►oww�ha�WY to Un�M►woh month�tum Wwl to onatwdllh ot th�y�uiy naAp�W Msunna� ,;�-:c:�:.--
<br /> � P►Mntwe bNno P�Id bY BortowK wh�n th�Mwranc�oown9�wP""•1�.ar��d to be In�If�at, l�ndw wfi �oa�pt,us��nd�thas� .�.�.c°��.��.�.��
<br /> • p�ym�nts as� bu rarrv�In INu o1 mortp�p� inwano�, Loss m�rv�paymwit�nwy no lonp�► b�nquk�d��t Ih� opibn M L�ndw. M �w,,�,`;:;,.;;,�,r -
<br /> kM Yld�d by ul Inwr��pprowd by UneMr�pvn ?+ �'.�'"�•
<br /> mort�p� Inwruiw cov�np� (In th��mount �nd 1a th�pwiod tlud L�ndK nqu ) Pro Inwmna In Mect� or b pro�id� � ��.-.,...�.;,. '
<br /> b�comes awMabls�nd Is obUln�d. Bonowa sh�M p�y 1h� pnmlums n�Nkad to m�k�hYi mort9�y� , �
<br /> '• bis rawv�,u�Ul th�aqukwnad for mort9�4s N�e��nds in�a;or�Mnc�wMh�nY writl�^ �eenMnt bMwMn BoROwK srd 1�+0�r or I; .. � _
<br /> �ppilc�ble kw. .._,�,.•.,_ .
<br /> ' 9.111fp�CtlOn. lwuiK a ila �prnt m�Y m�k� n�sombte �ntriae upo� Md in�pocllons of iho Propaty. Landar shd s 'y
<br /> BoROwer notk��t th�ti�N ol o►prior to�11111sp�ctlon�p�dlylo9 rMlsorrhi�tius�lo►tM InspeeUon. >�r�i"f"���
<br /> o f s n �w m i or clai�n tor dam��s• direct a cons�qu�ntivl. in eonnectlon with �ny .;.... Y--- _
<br /> .a`� 10. Cond�otnWlon. Tne proct�a Y aaa sh�p b� ��. -- __
<br /> ' i�`'.,. condennaUon or oth� taldny o1�ny pael 01 th�P r o p e N Y. or ta c o n v y a n c� I n i w o 1 e o n d M w M t i o n, a n h r�y as s l�n a d "' .,A:�r y
<br /> �°':�°
<br /> �';�,;,�,� pdd to leoder. ' -
<br /> . In t he�wn t o 1�to t�l U k i n p o i t h e?r o p K t y,t h�p r o c M d s s h a N M o P P l i e d t o t h� �w n s sewred b y thia Ssauity InaWma�t,wh�lh�r . .,�>,n►;i'�j��---
<br /> • of tM RaperlY b which the I�k m u k�t vd u�o t t h� • ;%�.,��;__.
<br /> • a nW th�n du�� wflh any aeaa�p�ld to BoaowK- N►ih� �wnt of�paRW Ukki9 • ,,,,,,. .,...:� ._
<br /> propqry,km�li�t�ly befaro th� teklnp h eqwl to a patw than tM�mount of ths auma aeeund by thls 9�cudly Inshum�nt InunedlNey .,�.::,.:�.:T,
<br /> �t<.�;,�,,.,r. _
<br /> � bdoralh� WOnp,unbss Bortowx and Lender otherwis��pre�In w�dn0,the wme s�cured by this 3eeurity Instmment shdl be nduc�d � v;•.`.t:'',:,�••L,=
<br /> . by tM anouM o1 th�procseds muMlpAed by the IoNowinp baetlon: i�)ths toW rnount of Ihe auma sseund Immedl�tely befae the bkk�p, ' .��,. , --
<br /> .`, dvid�d bY(b1 the t�k rt►w�Cet valw o1 the Roperly fmm�lNy befaro th�Wck�p.My Wtanc��h�p be pald to Bortower. In th�aveM oi� f . . .. _
<br /> • .� pwti�l WdAp of the ProPwty In whiah ths hk m�rlcW valw ol th�P►opaty Mnmsd4tNY bsl°re lh�UWnq Is less th�n th� �mount o1 the � ,
<br /> • ,t. . wms�aaxed NMn��A+ before 1M t�kinp, unleas Borrowa md 4ander othawiae e�pns �n w�itkW or unUas �ppAabN I�w olMrwts� .;r,+r-' ^," ;
<br /> '' � providas,th�procwds ah�A be appAed to th�sum�sacund by Ihls 9aurfly�natrumeni wMthar or not the sums are ihen due. ,,;, � p
<br /> . �._. � r
<br /> - -__= B tha Rapcoly!s abandoned hy B[+��, or It,aftr notla by 4�nGr to Bonow�r th�t ths eondaninor oflwf to m�k��n �w�M or - �'�;,.. `-_
<br /> ':,'�.l';",,', s�ltle� cJalm tor d�m�qu� BoROwer faYs to respond to L�nder wflhin 30 d�ys Ntw th�date the nodce is yiven.LanJ� is �uihartrcd to ' , , .'� � -
<br /> . ',i eoqed and �ppty tha �procaeds, at As option. eHher to nstoraUon a ropsir ol the ProP�Y a to th� aums aecured by thls 9�cu�ity �. . . I
<br /> • ' In�trument,whelhu or not than due. • .
<br /> Unless Lender and 8orrower othe�wise apres in w�itin�. �ny�pPNcaUon ol proceeds to principd ehap not extend or poatpon�th�dw G.. •�,:�; .��_�r .
<br /> E ��'''"•' L j:
<br /> � -�,':': d�te d the monthy p�yments reierred to In parayr�phs 1 �nd 2 or eh�nqa the amount o}auch paymenta. ,., ;, ,� �
<br /> '. �� 11. Borrowar Nat iioloaaeri: Forb��nne�By l.onder Not a Waivor. E�nens�on o� the dme tor paYmant �r i `,,;�„ ;, ;
<br /> ' modlNation of �morUratlon o1 ihe suma aecured by this Secu�ity InsWment ynnted by Lender to any aueceeaor In Intereat of Barower � • � �
<br /> eh�U not oparate to rele�se the Iietiifty oi the wipind 8onowx or Bortowe►'e aucceseora in intar�st. Lend�r �hdl not b�requlnd to � ' �. k �'
<br /> ' �orr�n�noe proca�dYiQs syeinat �ny succeasor In Inter�st or raluae to exlend tlm� for p�yment or othervvie� modify �nnoAfz�Uon of th�
<br /> eumt tecurod by thls 3eturlty Insirument by re�eon o1 my dan�nd made by tha origin�l Bortowe►or Batow�'s wtxaeson In IntK�t. r , • - � :- _
<br /> ' My IorbMr�nae by LenMr In exerdaing any dyht or remedy sh�q not be a waHer oi or preclude the exardae of my dyht a rem�dy. t 1 , I
<br /> �� , � 12. Succosson and Assipns Bound; Jolnt and Sovorsl Uability: Co-sipnere. The covenanta and�yrMmmis ol '. ,
<br /> ,�1�'��?.'!,�:��:.'• � ihls Security Instrument shaN bind and benaflt th�auccessors uid aaatyna of Lender�nd Borrower.aubJ�ct lo tho provlabne M pu�y�ph .:
<br /> ' ' ' 17. Bonowa's coran�nta �nd �preanente eh�N be Jdnt and eeveral. My Borrower who co-alyns this Seewily InsLument but don not i .
<br /> . exeewM the NotQ: (a) ia caslpniny thla 3eeurfly Inat�uman ony to morlpoye. Orant, and convey that BoROwe►'s intereat in the PropeAy i
<br /> ' ,.� ;�.', � - ted to pay the aums eecured by thia Securily Inetrument: u�d (c) �
<br /> under the tKma ot thls Security InaWmenC (bI I� not peroona�N ob�0� ,
<br /> . . . �, �prees thd Lender�nd any other Bonowa rrwy apree to extend. modHy. forbar or rtwke any�ccorr.nwdations wiih rap�rd to tarms of � . . ..;,�
<br /> • lhis 3ecutity InsWmenl or ihe Note wlthout thet Borrower's conaent. •
<br /> � 13. I.O�n Char�ss. If the loan securad by thli Securiry InaUument la eub�ect lo a 4w wl�ich sets ma�dmum toan chrrgaa,and � .
<br /> that aw Is bnaNy Intapreted ao Ihat the interest or othor ban eh�ryes cotlacted w to be colleeted in connectlon whh ihe Iwn e�cceed the ,
<br /> ' •' permYted WNts, ih�n: (a) any auch loan chuyes ahNl b�raduced by the�mount neceasary to reduc�the ehatye to th� pertnitted Iknit:
<br /> . � ' '' �� �nd ro) any suma �Ireaoy collec�ed bom 8onower wh�h axeeeded pumllted Nmi1s wUl Qe relunded to Bortawe�. Lender m�y chooae to
<br /> . • .�:��. .�� owed under the Note«by mekinp a diract payment to 9onower. H a ntund reduas prinGp�l.
<br /> • m�ka ihia refund by reduclnp the principal
<br /> p. . , 'ti'; ��:, tlw reEucUan wip be trested as�parllal prePaYme^t wHhout any prepayment chorge under ihe Note.
<br /> ►:• � '�'•' 14. Noticas. My notice to BoROwx provlded fa In thls Security Inatrument aheA be yive�by delivering it or by maWn9 il by tkst
<br /> class maU untess appqable law requirea use ol another mWhod. The notics ahall be dkeded to 1l�e FrapeAy Addreaa or any otha
<br /> �ddress 8orrower deslgnates by noUce to Lendcr, My notice lo lender shell be gNen by Iirst closa mail to Lender's addreas alated her�in
<br /> � or any other address Lender designates by notice to Bortower. My notice provlded for in Uua Security Inatrument ahap be deaned lo
<br /> have bean ylven lo Bortower or Lender when qlven as provldecl In Ihls paragreph. •
<br /> 15. Oovo►ning Law; Sovarabllity. Thla 3eaxity Instrument ahoY be qovaned by IederaY uw and the I�w ol thQ Wrisdldlon In
<br /> which the Properly �s localed. In the event thet any provlsion or clause ol Ihls Securfty Inslrument or Ihe Nole con0lcta wlth appliceble
<br /> luw,sueh confllet shall not aHect olher provisions ot thla Securiq�Instrument or the Note whlch can be g�ven eHect wlthout the eonBlCUnp
<br /> provlebn. To thls end Ihe provlsions o1 thb 3ecurlry InaWment�nd Ihe Note ue deelared to be aeverable.
<br /> 16. BotrOwYr's Copy. Bor►ower efiaY be qben one conlormod copy ol Ihe Nota and o1 lhls Securqy Inalrument.
<br /> 17. T��nNar of th� Prop�rly or a B�n�flclal Intorest In Borrower. If aN or my paK of the Property or any Interesl
<br /> � h N b sold or tranalerted (or H a beneflcld Intwesl In Bortower Is sald or translerred and Borrower Is not e nsturol peroon) wlthout
<br /> lsndor's orlor wrlUen conaent. Lende� m�y.�t qs optlon,requke Immedlate paymeM In IuY o1 e1 sums aeeured by thla Seeu�ity Inawment.
<br /> •.�� .��� ���.t.C��uHv Inalm�n081 .
<br /> How�ver,thla opUa� ehall nol be exerclsed by Lende�H exe►Gse�s promorted'oy ied.rai�� a=�. .�� �-.� =....._____...
<br /> tl Lender eMerclses thla optbn.Lender sh�Y glve BoROwer noqce ol sceelerotlon. The notloe shall provlde a perlod of not less thm 30
<br /> daya hom Ihe date the not�e Is delivered or maUed wfthln whlch the Bortower muat poy all sum� aecured by thls Securlty Instniment. II
<br /> Bortower I�IIa to pay these aums prlor lo the expkatbn o1 lhls period. Lender may Invoke any remed�es permftled by thls Security
<br /> Insbumant wlthout turther notice or demend on Bortower.
<br /> . �
<br /> . p���a�5 Form]029 9I90
<br /> � F7049.LM0(9/9�1
<br /> �. i� tgt79
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