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<br /> . 7. Pr�tec�to�oY Lt�ndaP'e 6�Ip9�U In the Fropeety. I} Borcower fqile to pe�iGrrn tho aovonante and B�rQAnlDrtt9 -
<br /> r:
<br /> coninin�d{n thi� Fcc�riYy InetNmom,ov thera I� e kvjal proc�edin�lhal moy afpn�c�tnty attact lsnder'e rlghto fn the PropeAy(euch ae ,
<br /> • n pra�::�dL1p t:�b�n!cruptoy, proF�nto,for oond_mnatian or forteRur�or t�onfara�le�ve or refluWdons), thon Landor mny do nnd poy f�r [
<br /> v�hntpv�r le aeCessary to protect tl�e v�be of th� Proputy and Lender� rlph4s In tha Proporty. Lendor'o nctlono mey Includa p�yhp k:
<br /> any fum� ��curod Ay u �Wrt whbh h�s prlorky ov�r thb 6�curhy tnftrumant, r�pslrinp In cour�, paylnp reasunpbfu attomey'e foes end �� _
<br /> amrorinp on the PropeRy to m�k� npsin. .>Nhnuph I.a'�da rtby t�k��atbn undw Ihts puaymph 7,londor does not hevs to do so. � -°
<br /> My �meimte dl!bureed by Lent#ar ur�der thN parepnph 7 +�hill bacom� tdd'+ttun�l dobt o} Bonower necurad by thte 6ecurHy � __
<br /> InetNment. UnMi� BortowK and L�nd1r aprN to othe t�rm� of p�ymMt, Ih�so �mounts eha{I bear Int�rest from tho date uf --
<br /> disburs�mxnl at tha Note r�te ond eheN de p�ytdp,wkh Intenst,upan notk� frore l.e+�dar to Borcower requestlnfl payment. �► __.
<br /> 8. �WOft�iQM In�urwnse. if Una1� nqufrw7 nw�i� Luuronc� a� a condit:on ot mattinp tho loan cccurcd hy Ihl� � ,,
<br /> S�curky Intlrummt, Borrow�r thaM pay ths pnmbm� nquind to mafntAln th� m�frtgn@e hsuranco in effeot. if, lov a�y naton, tha !ri
<br /> mortaap�htur�nCS covcx�p� rtquk�d Dy LxndM lapta o+cMas to b�In ettecL Bortower shall pay the premiums raqukod tn obt�ln �
<br /> oovw�pa tubsuntiaty �qulvaNnt to the mortpa� Infurtna• pnvbusty in �Hec►, at o aost subawntlally equMatent to the Coal to ;�
<br /> Barroww G} th� mcrtpapr IneurancY prevbuay In �fhat, kom an akUmal9 moApaQo k►surer c�proved by Lender. If Bubstanti�lly •�
<br /> �quNatent mortp�Q� Inaunna�covK�Qe b �ot�vaWba,Bortow�r ehaU p�y to La�der oeoh month a sum Aqust to onn�rivelkh of the
<br /> y�riy maripaae Insurance pramk�m behp paW by Bortow�r whon the Inaurence covara90 lapsed or cen�sd to be In eHect. I.endar wlll
<br /> +tCCept, ua� and ret�h th�se psymx►t� u � bas ns�rw In M�u o} mortfleQe IneunsnCe. Loae rese+ve payments may no bnger be
<br /> riquYad,at the aptton of L�ndoc, Y mortp�p�haiunncs cover�Qe (In th� unounl�nd for the perb� thtt Lend�r requfres)provided by
<br /> sn 4�suror �pprovecl by L�ndsr epih beoorr� �valkble end I� obtshed. 8ortowa shad pey thA premlume requked to mahteh
<br /> mc,�4Yr�w Inaur�nr.e h ofNot, or to provkle a bsa nserva, until th� requkanent kr mortpoae hsurnnca enda tn ecc�rdrncs wkh any
<br /> wr�aprwrtNnt batWSen Borto�er and Und�r w�pplicabts I�w.
<br /> 9. 111�lCQki11. 1.lnder or Kt �q�nt rn�y m�k� rMSOnabM�nVM� �pon�nd hspaotbnt oi the Nroperty. LencSor sh�ll pAro
<br /> BorrowK notic�at th�tim�of or prbr to an hsp�atbn tp�alfyinp►Mt�naba cauN for tho Napaotion.
<br /> 10. �ond�mn�t1011. 7'�� p�ocMds of �ny awad or et�in iae �lar�wfl:s. d{r�r:at ar oana�quentfal, In conncatlon v�kh enp .
<br /> condemn�tbn or oth�r Ukinp of �ny p�A of tho Propwty,or fa conwy�nC�h IMu of condemnetbn, are hereby asaqned and BhaA be
<br /> pakl t0 IAr►dar. _
<br /> In tha wint ctf n toUl tolchp of tho ProRsrty,tha procoe6s �h�tN bA Ypplkd fo the eum� secured by this Securfiy Inetrurnon4,
<br /> wheth�r or not 2hen due,wRh any aocess pnfd tQ Bonowu. In tM ewnt o�f �arti�l takh9 of tho Properly tn whbh th� t�k muko4
<br /> v,tlua o1 Ih� Prcporiy kmiedintey before tha 4n41np b squal to or preata than the amount of the suma secured by this Securily
<br /> InatrumMit hxrwdUttny Wlore the tticing, unioas �3arrow�r and Lendsr otherwls��pree In writinp, the sums sacurod by thb Sscurky
<br /> Instrumont shah 1» raducod by the amount of the proc�la mukiplbd by tha lolbwing Nsotbn: (o) tha total amount o} tho sums
<br /> eocursd Mnrt�df�tey 6atore the takhp, dMWed L�y (b) th�faY mtrkN valus of the Propsrty Vnmedlatety betore the tekhp. My brNnos
<br /> ahaY be�aid to BoROwar. In ths event of � partkl taklnp o}th� PropsAy h wh�h the tAM miuket value o} ths Property fmmWiet�y
<br /> baTOro the takNp b kss thsn the emount ot the sums aocurod irnrtarJYbN �eloro the takhQ, unlese E3oROwer and Landar otherwis�
<br /> aflre� In writiny or unks� appficabia kw otnonvlse provides, th� proceada shU bo �plfed to tha s�ms secured by Ihis S�curky
<br /> Instrumont wn�tnK or nat tne suma are inen dun.
<br /> 1?t��PropKty le ab�ndone�b9 Borrow�r,o�R,�R�t natico by l.�ndar to Bortow�t7�at Iho condtxnnor otfers to tn�k��n ewud or
<br /> sotlTt��oltM (or damepes, Borrswer tails to nspond to Lertder wNhin 30 days �Rxr the dnto Yhn notlCe fs qhren, Lander Is tuih�tt�ld
<br /> to cafpot�nd apR1y tNe pwcaec�s,et Ra option, skher to nstoratton or npatr o}Ihs Pro�rerly ar to tho sum�s�aund by thb SacurRy
<br /> Inctrummt,whethnr or not then iiue.
<br /> Unirts l�nder rnd Bortowor olhervris� �yrea h wrkinQ, �nY�PP��►tion m?protsNdm to prinoipsl shaN not sxtend or postpons th�
<br /> due c9ab of the monthy poymmnnnts rNamd to In p�r�phs 1 �nd 2 or ch�nQe lM�mount of auoh p�ymonto.
<br /> �11. Borrowtr Not Re@ea�ed:Forbeuanee By Lender Not a Waiver. Extenabn ot �ha erne tor p.ym.nt or
<br /> modNkatbn ot�moRiution of tho oum�Ncund by thk 1�cudty InsWmK►F pranud by I.eod�+�to any tucc�stor In htwut of BorrowK
<br /> shefl not op�nh to ntaa�ths M�6NICy of th�oripinal eorrovwr a Borrovrors succosson M htwat. Lartdor shtq not b�ro4uind to
<br /> comrtier�C�proce�dinpa t�Wtnst any suocessa fn fnterost or retu�to sxtend tknc tor p4ymont or othervviso mo0iry amortlastbn o}ths
<br /> sums soeund by th� S�eurQlr Inswn�cnt by raoson o1 eny ddnl�nd rtude by tho oripNal Borrowor or BoROwa'e suee�saon In
<br /> ihtere84 My IorbMnnc�by LonQer h uunak(np �ny rlpht or romedy ahaM not b1 a waMar of ar prorsbd� th��oc�rab�of any ripht or
<br /> tgmody.
<br /> yZ.Sucae�ors�nrJ�ad�fl�Bound; Jnlnt snd 3everel Liabllity; Ct�-s9�nera. n,e covanants and .
<br /> agreanw►ts at thls 3ecurky In�wm�nt �haN bad md h�nslu th�succsasars Nd �aalgno o! Lenda and BoROwer, aubJeot to t�e
<br /> proviabn� ot p�r�praph 17. Borror+l�s covon�nts �nd �roarnnts thaN M Jolnt end aeveral. Anp Borto►rer w'AO co•sipns thit 6ecurily
<br /> Inatrum�nt but do�s �ot executo th� Nob: (�) k caslpnlnq this $ecurfty inlbum6nt oniy to moRpape, prant, and conwy th4t
<br /> Bor(ow«'s htonst In tr�Praporiy undar tha termo o}thb SocurNy inairument; (b)is not poreonaNy obup�tad to pay th�tums s�cu�ed
<br /> by !hh S�cusky Inswmmh. rnd (c) aynss that LendK and �ny othsr �lonowK may apaw ro �xtend, modMy, forbsu or muc� my
<br /> accommodation�wRh ropud to terms of thb 8scurRy Inahument or th�Ho1e HvNhout th�t 8orcowK'a consent.
<br /> i3. Loan Chtrges. It tho ban securod by thb S�curky Instrumont b tubJoot to o I�w whlCh sots maxhwm ban oh�rpos.
<br /> and thst kw !a IinsNy InNrprMed ao thit th� htarost or otfwr b�n ci�u�os aaE�ated or to be collectad In conneoEion w$h th� Ioan
<br /> e�ccoed ths pe�mRted IimRs, thon; (e) any suoh foan oh�rQes shaN be reduced by the cnount necessdry to reduCe the aher�e to the �
<br /> parm0lad IYnk:and(b) any Rum�nlready coM�ctod kom Borrower whbh excee�ed pem�9ted Iimtls wNl bo refundsd to BoROwar. Lendor
<br /> mAy choos� to mako thb ro�und by reducing th� prholpal owad unda the Nou or by malclnp a dWot p�yment to Borrow�r. ff�
<br /> rotund nduc�t principni,tn�reduCtbn ww b�Ve�t�d as�paRf�l propeymsnt wtlhout eny propaym�nt ohtrpe undor tha Nota.
<br /> '14. NOtlC�B, My notko to 8ortower provkJW tor�n lhk S�curlty InsWm�nt shaq be pivsn by delNorY�y k or by malihp k by
<br /> 4'�st cy�� m1iN unless appNcabDa I��r nquins ua oi enoth�r method. Ths noUc� shab @o dinct�d to the Prope�ly Add�ss or tny
<br /> otnar addn=a 8orrowlK d�a�num�by notk�to Und�r. My�oNc� to L�rtdor thtB bo qTvan by Hrat ctass ma0 to LentlnPa addnas
<br /> sWtod horoh or or�y ott�9r addrmss I.ender deslQnetes by notiCO to Bonowor. My not�ca providad tor h thb SecurRy Instrument sAetl
<br /> be de�nxd!o have�een Dtwn to 6or►ow�r a Londer whm'0� �f Provlded �n thls psrnpreph.
<br />' 16. �iO�lQrlfill� LIW;SeVEI'ab1�J�. This S�curky Insbum�nt ahn11 bo pOvomed by federai kw �nd the hw ot the
<br /> jurisdbtion h whbh th�Pro�"j�s bo�tCd. In th�wMit th�t any provl�lon ar cYusa of thts Securky Inttrummt or th�PJOts confNCts
<br /> wkh �ppMcabM kw,auch cadntNt snaM not aMect other pro��ts4ona of thfs&ecurly tostrumont or the Noto which can b� pken ottect
<br /> wkhout tha confllctinp provision. Ta thb�nd tha provisk�ns al thb 5ecufity Instnmwnt and 4ho Note nr0 cfaCinret! to be s�vorQba.
<br /> 96. BOI'fOWQr'�G0�3y. BorrOvrOr ehaA W pMen one Contortn�o eop�>oitne noia eno ai mie o�cur�ry insuuit�i.
<br /> 17. TPdhs�!'C Ot Ute F�I'Op@CL�I O�S BEi18tICIaI Iltt@rt�OQ1 �DlfOYYE�. If pll Or eny pnrt o} the Property or tny
<br /> in[�rast in q h sotd or Ctnshured(or M� bensffaMl hte�ws: in Borrower b sob or tren�ferred and Borrower Is not e naturei pecson) -
<br /> w�thout L�nciar't prlor u�rriten consent, Lende may,at Its option,requiro hmACften paymor►t N tuA of nN e�cma aacured by tt�b Socurky
<br /> InsVUmant. Howwor,thb optbn ahtll not be exeroised by LYnder N exerclse Fs prohbked by federal I�w pa ot the date of thb Sacurky
<br /> Insbumant.
<br /> 1!UndK exar�fs�s tAls opNon,LendK shaA pka Borrower not�a of acceiorilbn.The notk:s sha.11 provide a perbd ot not less thtn
<br /> 30 doy� kom ths d�4o tho nottct Fs deUvand or mtlNd wkhh whtch the Boirower must pay �II eume aecur�d by thb Security
<br /> InsWmenG If Borrower faNS to pay theso sums prior to tha eo�iratton o!this pertod, Lender may hvoke any remedles pamktod by this -
<br /> S�CUrky Instrument wkhout fuMer not�e or dernand on Borrownr• Form YJ4�QJoO _
<br /> Ft02AtM0(Y/i6) P�p�0 0l 6
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