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<br /> � 7. Prote�tinn of Lender'e lilghte In the Properry. i� Bortower �e�iis co pe►rorm �ne covenante end ayreemente ..
<br /> " ' . cantAlood In thio Sccurlly Inslnimont, or tharo Is A bpal praceadh�p thQl may slpniticanlly affacl Londor'a rlpht6 In tho Prpp3tly(suoh ae
<br /> .a proceed'.np In banknirytoy,pr�boto, for cond�mnatlon ov fortolturo or tn entorco i�v�o or ropulnliuno), then Londer may do and pny for
<br /> uh�tov,;r 19 ncccscnry to protcct thq v;�tuo of Iho PropCrty and LCnd�r'o rlphtp in iho Aroperly. Lcndcr'o nCtlonc m�y includ� p�ylni�Q.�
<br /> nny eumq aecur�d by a Ibn wh�h has prlorlty ovor this Bocurity Inalrurnenl, appcarfng In cou►t, paylnp rcaeonabb ettomey'a feas an�
<br /> _ • a enter{nc�on the ProRer1Y to mtke repake. Al:houUh Lender mey take actbn undar thds purapr4ph 7,Lender does not have to do ao. � _
<br /> Any tmounte dishu�e�d by Lender unde+ thb pu�pnph 7 ah�ll Bocurrw �ddRbnel d�bl 01 Bortower secured by this S�ourHy _,
<br /> Instniment. Unbse Bonower end Lender apree to other terma of p�yment, thoso emounte ehall 6ear fntbrest from the dete o( �
<br /> „ dlsbursom�nt at th� Not� r�t��nd sh�ll b�prytbb,wRh Interasl,upon �otica hom lenda to Borrower requesthp ptymrnt. ��
<br /> �. 8, AAortflago Inaurence. II Lsnder requked mortpapo InsuPence ae o oondlllon ol mnkhp the loan seoured by tl�l �
<br /> Sscuriry Instrumwit, 8orrower sh�ll pay the promlums roquked ta malnMln the moApapa insurance in etteat. II, lor any raason, th
<br /> ",�"��'��� mortpays Insuranco coverap�requked by Lender lepses or ceaass to be In etfeot, Bonawer shall pay the premlums requkad to obt�in
<br /> ;�,,,;a.ar+F� ooverape au6etantlally equN�lant to the mortgspe hsurence prevbuety h efteot, at e cost substantlniy equlvalent lo ths cost to
<br /> ____...,,. Borrpwor ot the mortp�pe Insunnce provbusy in ef(ect, from en eRernete mortpaqe Insurer approvad by Lender. If substtntialy
<br /> equNrkmt mortgape fnsuretnCe cousrape is not avaliebb, Bonower shall pay to Lend6r eaoh month a eum equal to on�twaBth ot the
<br /> � yaarly mortqoge Nsurance promM�m behg pald by Borrowor when the k�surenen coverefls lepsed or cenaod to be h eHact. Londer will
<br /> �r� accept, usa end retAin those pvymsnla as a bss reserve In I'�eu ol morigago hsurance. Loss �oserve paymenta may no lonfler be
<br /> ' requYmd, at the optbn of Lender, R mortpe9a Ineur�nco coverepe (In the emount snd for the period thet Lender requires) provlded by
<br /> �. en Insurer epproved by Lender egah becomes avallnble and Is obtatned. Borrower shall pay the premlums requlrod to meintah
<br /> MOrl�flgfl k16Ur8nC9 (n eft0cl, or to provlde a bss reserve, until the requlroment tor mortgage Insuranco ends In eccordance wlth nny
<br /> • _ wriilnn apr�nt 6otween Bortower and Lender or applbnble law.
<br /> :,_,,�,�_ 9. Inep�r.tine�. Lender or its egent msy make reasonable entrles upon and hspectbns ot t�o Proparty. Lendor ohall g!v
<br /> `•�,:.;'� Borrower nol�e nt the tYne ol or prlor to an Inspaotlon speaHying«+a8onabH cause for th9 hspeatbn. �, m
<br />;;f-;i���;;;�: 10. CORdE111Itl11�OI1� The proceeds o} any awerd or oalm for dameges, direct or conaequenthl, in connectbn wHh any �
<br /> "��''Y' " condemnatbn or other tnkh of�n y
<br /> _.(��r.., , : D y part o}the Property,or tar conve ance In Ibu of candenmallon,aro heraby sasfpned and shell be� h
<br />'.,;i:,�"���^` ' paM to Lender. ��
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<br /> =:;, ��.� ; In the event ol n lotel tekhp ot tha Proparty, the proceeds shaN be applled to the aums secure� by this Eecurity Instrument �
<br /> whether or not then due, wRh pny exce&s paltl to Donower. In the event o4 a partial taking at the p�o�oart� In whb� the falr marko
<br /> -`"�"`---- vaiue of the Froperty hinwdl�tely baftire tho lakhg Is aqual ro or greater than the emount ot the eums sacurbd by this Sacurky� `
<br /> ���� ' Instrument Immedlntety botoro tha takhg, unless Borrcwer end Lender olherwlse ngrae h Krking, the sums secured by this 8ecurky�
<br /> a: lnstrumant ehall be oeduced by tho amount ot the proceeds multlplled by the foNowin� hactbn: (a� the total amuunt o4 tho oums
<br />-;�{{� socured knmvd{etey belora the taklny, dhrlded by (b) tha falr market value a} the Property Immedietey before fhe tikinp. �1ny balance
<br />_�_�,_,�.. ;�: shell be pakl to Borrowar. In the even! of a pprtial takhp of the Rropetty h whlah the faM market value o( the Property knmediatey
<br /> _,��,�-�� bNore tho t�klnfl Is fees thon tha amount of tho eums secured knmedlatey before tho takhp, unlese Bonower and Lender oth�rwise
<br />-"�;� aqme En writhp or unless eppli�abb law othervutse provldes, the proceeds ehall ba applied to fhe sume seoured by this SeaurNy
<br /> s;::°S:i� Instrument a�hetha ar n�t the aums ere then due.
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<br /> _-' ii the rropercy is ab�ndansd i�y norrower,or n,aher notice oy i.enaer to norto�ver tnat tna conpamnor ottere to mak�m awartl or
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<br /> _ =;;,,;�,�;;�. settk e oMMn tor dam�pse,Bonower I�Iis to respond Fo Lender wRhln 30 days efter th9 dats the noNcs h phren, Ler�der fs euthorized
<br /> .°:�:;z:A►7; to cofMat and oppty the proaeda,at ks opl7rsn,okher to restoretbn or r¢Qalr of the Property or to tho sume eecurod by thh SeCUr�y
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<br /> _ ����:�l�.; InSWment,whether�t not thbn due.
<br /> -==-=° Unlesb Lend�r and Boaow�r otherwise aqree In wrkhg, any applfcatbn ot procoeds to pnc�intl shall not extend or postpons the
<br /> .;;�;�1�° due dats of the monthy payments reterred to In paropraphs 1 and 2 or chanpe the emount o}suoh payments.
<br />•��•:�r��.• 71. Borrower Not Reteased: Forbe�rence By Lender Not e Walver. Extensbn of �ne t�ne ror pnyment or
<br /> _ modM'a�tion o!amortl�tbn of th�sums secured 6y thls &eourlty Instrument flnntod by Lender to�ny auccesaor h„tarost of Borrowor
<br /> - _- sh�N not aperatA lo releasr I�e IMbilrty of tha orl�hal Borrower or Bonower's successars In htxest. Lender shaM nnt be required to
<br /> _�, aamrt»nc�proc�odhgs e�ahst eny successor In hlerest or re(use to extend tkne tor payment or otherwise modNy ematL�tlan o!t�e
<br /> °°� sums iacurod by thfs 3ecurky Instrument by reoson of any demand rtIQdO by th0 QdQIPtAI BOROWOf Of BOfTOW�B 6UCCBS60f6 In
<br />__ ht�rost.My foAie�nnce by Londsr h exerclahp any right or rernsdy sholl not be �walwr o7 or proolud�ths exKClse o1�ny rfpht or
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<br /> -- 12. Succestor�a�d Malgns Bovnd; Jolnt and Several Llebllity; Co•alpnero. rne . coven.n�s and
<br /> �Qr�sn�►t� of thb S�curMy Instrument sh�A bad and MnNit ths euccessoro end �salpna ol Lendsr and 8orrowsr, subhrtt to the
<br /> . provfslons of panpnph 1�.Horrowa��oovenanta end agreen�nts shall be Joint and sevt�rtl.Rny �ortor.er who aaalpn�thte SeCUrNy
<br /> Insuum�r►t but does not exocuto tAs Note: (a) Is co•sipnhp thls Security Instrument ony to mortpn�, Qrant, Imd �convey the!
<br /> 8onoww'6 Ntwest in ths Property under the terms ol this 3eourRy ins4rument; (b) is not person�lly obliyeted to pay the eume eecurod
<br /> — by thle SYCUrIi�r Ir,strumanh and (o) ayrees trial La�der and ony ott:er Borrower nuy �pre� to extend, madHy, torbear or maks any
<br /> sccortxnod�tbns wfth repard to terma o}th�Socurriy Instrumant or the No1e wkhout that Borro�wers cansent.
<br /> `It 13. �.oan Cfiarqes. If tha loen saaurod by thls Security Inst�ument b sub�ec:t to a kw wh�h sels maxMum loan chtrpea,
<br /> nnd thst ww ts 1luly ht�preted so lhat the Interes! or other ban charpes cnilented or to bu ooMeoted In aonneatbn wkh the ban
<br /> exc�sd th�penmkt�d links,tho�; (a)any auch ban chupes ehall be reduced by the omount n�cessery to reduce ths oherpe to Ehe
<br /> permkhd Iknit; and(b)�ny ewna a#eady co,ktctad kom 8onnwer whbh excesded permkted Itmke wiH be retunded to BorcoNnr. Lender
<br /> rtuy chooss to �rako thla rofurtd by rsdueh9 tho prinelpal owed undes tho Noto or by msklnp n daxt paycn;nt to Barra�:sr. tf a
<br /> refund roduc�a prinoiqati the roductlan wtll be tranted as �partlal prep�yment wNhout eny prep�yment oher{�a under the Note.
<br /> ��_� 14. Noticea. My notice to Bonnwer provWed for In thls Se;,urNy InstNment shsll be phren by dellve►Ing k or by muflhQ it by
<br /> - Ir6t clsss meil unksa�ppE�abb I�w requires us9 of another muthod. The notbe ehaB be dkeuted to the Property Addres8 or flny
<br />- ---_= otha address Borcower ciesgnates by not�e to Lendcx. Any notbe t0 lvnder ehpll be pNen by I'rst o19s9 mall to L�snc�ers addre3e
<br /> --==."'- � st�tod h�reln or nny otAer eddress Lender dFS�natea by nattce to Borrower. My not�o providod tor Irt this 5ecudty In3trument sh¢9
<br /> -�:ry!�;� be deenxad to havo Deen pfuen to BercovrY cr Lnnda when g1v�m na prov!dod!n thla pamgraph.
<br /> _ � 16. Governing Lew; ^.,�-evO�eblflt�i. Thi� SecurBy Instromes�t shall be povem8d hy lederul Inw end the lew o( the
<br /> - _����"'�� �dsdblbn N whbA the Pro�rly i� IccatBd. In the event tha9 any provfsbn or cleuse at th}s Security Inetrument or tho Noto confliCts
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<br />---_-_�r�_ witn �ppliccbfe �w, Buoh con71tc1 ahal not etiect olher proviybna of thh SecurNy Instnrman2 or tho Note whbh can be plven effect -
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