. .T . . . Y _ '�r - __ __ _ __ .. .t,..h_
<br /> _ �--
<br /> �.
<br /> ..��.': ' Bo;rower may cure such e deta�St and relnstste. as provtQed [n pafagmph 18. by caus'�ng the actIon or pra�edssg to be °'
<br />:'. r-.
<br /> ' ' �,�ry���rth a ru,*�ng that,tn Lender's good f�fth determinsUon,predudes torfetture Q!the BorroweYs Inter�t in the Property or �:._
<br /> ' • � othEr matc{ist tmpaSmtsnt of tinES lien weatsd Ey thLs Security InsUvment or Leidpr s seeuriry interest Barrower sh�i a4so bQ In �
<br /> .Sm s
<br /> • detautt ff Bormwu. �:rin�ihe toat►aAp3cattan proeass.gavo m3terlally talse or Inaceurate►nforistatlon or s�ttements to Lender{or -_
<br /> tesed ta pmyId9 L�nder wttb any matafal tntortnsttan) !n conneetton vritTi the Ioan evtdencesl bY the Nota.Including. but nat Ih--
<br /> - � Em:�tsd to. �rese►st�ltans canceming Bo�rewePe occuRsnt7l 01 ths Property as a prtneipal resid�ce. i4 ttUs 8ecurtty �'
<br /> Instrument ls en a teeseho!d, Bortawer shall complyl with a9 tha provisions oi tho Ieaae. If Borrower acquhes fee tiita to tfle �
<br /> '� Prape►ty,the[�asePooid and the fEa Gita sfiatl nat rnErge untesa lerrd�r ngre6s to the merger in wrMB•
<br /> ." 7. �ro�dectlo�c� I.�n�er'a F3QSiita tn 4ho Propa�.If Bo:rower tails to Perta�sn the eovenants ar.d agreements � �
<br /> � car�ffiined!� 4hts Ssa�ily tns�umenL or th�e Is a tegaf proceedirsg that rtay significantly afted Lenders Aghts in the Rroperiy � �,
<br /> (su�h as a proceadnp in traniwptcy,proDaie.tor eond,mnatton or foReiture ar to eMorce laws or regutaUons),then Lendet may �,
<br /> do end pay tor whaterer ts necessrjry to protect ths vatu�01 the PropeRy and Lender's �ights in the Praperry. Lend�r's actlans ��
<br /> ,��< rr�ay inctude pay'�nc� any sutns seeured by a lien wtitch has prtorfty ovzr thts 3acurity tnstrumen4. sppearEe�g in couR, paying •, ,:_
<br /> -- reasonable att9me�/s'fees and ente�ing on tha Prop`Ry to make repatrs.Atthough Lender may teke actlon undar this parapaph � p�
<br /> ' . 7,Lender does noS hare to do so. � °�
<br /> . My e►aounts dtsbursed by Lend�r undsr peragraPh 7 shal! becoms addiHonal d�bt oi Bortower secured by this SecurKy �:,.
<br /> ' tnstrumer�t. Untsas Bo:ruvrer astd Lender a�ee to other terms of paymer►t. 11�eso emauras sha7 bear(rtarest from the data ot ��.
<br /> ti�sbutsemen4 et ttia Note rcfte and shaD De payabfe.wtth irrterest.uaon no4ce tmm Leadet to Barrower requesting paymeni � --
<br />. .� B. MotrtQgege In�suruttCe. if Lender required mortgsge insutance as a condlHan of maldng the loan secured by thts !�
<br /> :•;;:.' Secu�fty InsUument. Borrower shs0 pay the presNums requi�ed to mah�in the mortgage insurance in effect. If,tor any reason,the
<br /> c.eK�go Nsure+�ce coverage requUe�by Lende►[apsvs or ceases to be in efted. Borrower sh�pay ths prwnnims requi�d to ---
<br /> :: `;,.L' a4�irr ce�c�--.,�substantL3Ily e4uMaleni to the mort�age insurance prevtousty in etfect. at e cost suhab�sUr�.y equlvalert to the
<br /> _ `'fr �i to B�r�vres o!tha mort�ags insurance previousty (n efted, from an att�rnate mortgage insurEr +r�cc'+ed by Lendet. If a°
<br /> �to�anttaIIy equNatent mortgage tnsuranee coverag2 ts not avaflabte,Bomowa shaD paY to Lend:r eacte mcnth a sum eyuaf to �
<br /> • �ar_-1�i.,tfth af the yeatfy mortgage insursnce premlum betng pald by Bortawer vrhen the t►mvrance cov�sg�iapsed ar cr�s°d 40 _
<br /> � �e i.a eHed. Lender w� ecceAt,use and retafn these paymeirts as a la3s reserva tn Ifeu of mortgage insurance. lm��eave �'
<br /> �aysr,esits may rto tong�►be�equtred at tha opaon of Lender,if martgage insursr►ce ceverage Qn the arrtaunt and�cr U�ror�.nd
<br /> `��e!lender rn,ukesj pra+dded bY an insurer approved by Lender agaU'►6ecomes avaIIabte and Is obtatned. Borrow�r�I:r�'f_�ay =.
<br /> ,ht prgnN�rtes t�quhed to maintsYi mortgage insurartce in offecl,or ta provide a io�s rese+ve. untl ti�e requirement for m�age
<br /> � �ter�uranee ends In eaerdQnco wiUi artyr w�itien a�eement b�tween Borrow�and Lendat ar eppUcabfe taw. --
<br /> .� 9. Inspecttait.L�der or Ns agEnt may make reasonatite entrfes upon end l�c�tlrs�s of tite Praperty. Lendr� �gfire �
<br />:.',.; '`':
<br /> Borrower naUce at the time at cr priar to en Inspedfon�pectiying reasonabte cause for[��a i�s�ectran.
<br />��; '`•..,,�� 10.Condemnation.The proceuds of any award or c!a!m tor demages. �9rect�'err�senli enttal• in connectic:� ivltA any
<br /> . cand�rsnatlon ar other taking of acry part of tho PropeRy. or tar canvayance in({eu of ca+�mnatIon. era hereisy assigned and
<br /> shaD ee patd W Lender.
<br /> - - in tfie xvmt oi a trlgl taldng of tne Rroperty. the proceeds shafl be appiled 4o the sums �red by tfts Sec�rEty f-.
<br /> InstrumenL whetfier a rtat tl^r�+due,witt�ar►y►excess paid to Borrower. tn 9ha event of a partla!tatdng of the Pregrst��re wt+ich
<br /> � � 2he tair merEcet va[ue of tEa Proyerry tmmediately betare the taWng is equal to or ye�than the amo�!01 the sin:sr secured
<br /> �sy this 3ec+ul+j Ins�ument Im�'nediatety betore the iaking. untess Borrower and Lender othecwise c�sze in wriKng� the sums _
<br /> ' sewred 6y 3�NG 5ec+rtlty Insbument sha11 be reduced hy the amount ot the t,%:aceeds mufUpiled by ttc,7dL�swing frac�tlon: (ay ttie
<br /> �•,. Yot�1 amour.,rt at c:`�a sums secu�ed immedtatery 6etare the mMng.cTnrlded t;��)the talr madcei rd�a��s,i�a Property imme�ate(y ., .
<br /> °before the tekk�g.6�ny 6afence BhaO be pald to Borrawer. (n the euent of a partlal taidrt3 01 the Prc�*:j in whtcfi the fatr market
<br /> � • value of the Properry Immr;dla��ely beforo the taldng is less then the a�nount o1 the cuans��ered tTCrzesffatety before Kte taictng, _
<br /> untess 8orrower and Lencter othE�wlse a�ee In writing or untess apyAcab!e law oS;�r•�e pro'�r;3�":�. tt►s proceeds shat! be F
<br /> � =�_;; . appUed to the sums secur2d try tlus Secutity(nstrumer►t 4vheth2t or not the sums ere then du� .
<br /> .�••.,..,2t tf ths Properry 19 abartdorte�by BoROVre1,or ff, elter noUce by Lender to Borrower that 4he carc�mr'or ofters to melte an
<br /> award w selUe o claim tor dsrtiages, Borrower taAs to respond to Lender withtn 30 days after the.�ii+°.ths nottco la givea,
<br /> � Lender(s authortzed to coVeci and ap(�fy tho proceeds,at its option, efther to restoratlon or reDair of tA3 Propemf �r to the
<br /> �� •',5� sums seared by this Se�tnstrumen�whether or not then dUe.
<br /> ��' idniess Ler�Bex and Borrower atherwise agree tn w�UnQ. any epPltcatton o! proeeeds to pdncipal shal� naC �'G�d or
<br /> postp�ne tha Oue dzte o9 the mortthty paymenta reterred to In p�ua�papfi�t and 2 or changa tfie amouM of such payrTe::s.
<br /> � -��. 11.6orrc+�rer Not R�9aasad; Fcrhesranca 8y Lsndet'6+1�t A W�1Yi�Extmsl�n of tAe Ume tor paymeRB a
<br /> �� modifkation of amoN�tlan ot th3 sums secured by thta Setvrfry tnsUun'�cs::grented by Lender to any successor in(ntaesi c� .
<br /> � . gorrowet ahaD not opetate ta rdease the UabA�y►of the odghtl BoROwet or 8orrawc.�'o suceessors b k►ter�t Latder s'�nat _
<br /> ' be requtred to commenca pmcr3edinga o9�inst arry successor tn intaest or retuse.tn rxtend tirne tor paNnont ar. y��r.mise �
<br /> 3¢
<br /> '' moJ'ity emerttzaUan ot the sumo secuced by thb Securfty instrumenl by reasan of ertp ciYma�.�d msda by the or{yinei�3z'irWwe►cr
<br /> ' ..�� �,g��• garrorrer'e successora in (nte�est. Any forbauance by Lender in ox�:sh►g eny d�t:t ci�rnedy aheY nat be a wa�et at or
<br /> proclude the exerctse o!ury AgM or remedy. _
<br /> 12.Succa��ora and A�signs Bound: JdiM and So�ra1 I.la6llFty, Co-si9��. Thp cw�:�nts e�d _
<br /> agreements of thts 3ecurily Instrument sheY b(nd and benefit tho suecessors nnd asst�s ot Lender es��i 8orravrer,�ul�j���to the '
<br /> . ,pcovisions oi paragrapfi 17. Borrawers cover►anta end a�ae�nents ahaB be joirtt and seva�er7. My 8arrower vr(t¢cs+�i�s tAis
<br /> • Security�InsLvment bul doe9 not execute the Nota: (a)is eosigning tli,s Securfty tnstrument ony to�rrs*.!�aga,gr�.�,�.er�convey
<br /> � ':,r:�.�� tflat Hortauas's(nterost In the Roperty under the terms o1 this 5�..'�hsUumenx (b)is •not perscraL�'! obqg�'�ed to pay Ute
<br /> •,�.:.;i��' sums seac.ar�by thts Sacurfty Instrumenx and(o)agraes thei 1.�✓�r end any othtr Borrower mEy st�ea to e�Qend,mod'dy�
<br /> torbeer w matco any aceammodaUons witil regerd to the tem:s c!this Secur(ty tnstrttment or the Note w3tAout that BartowcWa
<br /> , :':� conaertt
<br /> ��:�•s;� 13. 1.+08D Ch��08. tl the toan secured by thiu Securiry Instrument is aubject to a law whkb sets�ar^:um taen
<br /> �.::,�;,�: .
<br /> :;:��,� chargee,and thaf t�w is flnally►Y�terpreced so th3t tho Interest or othsr toan cfiurgea eodecded or to E.e colected Z,ccnnectlon
<br /> � �•���r with ths Iaan exeao4 the pemCtted Qmita,then: (a)euty such toan chss�shall be�tad by the r�►SUrt neceasary to reduce
<br /> •::�:�.��t�`' , the chuge So the permKted fiMf: end (b)aery auma elready cesr�fiom Bonower whteh exce�uA Cermitte0 lan3te wiil bo
<br /> ,,.,',�,r,•�
<br /> s`_�,,. rcNnded to Barowe. Lendet meY choose to rt�ake this refund by redtrdng the pr(ncipal owed uader t'3�tote oe by mat6ng n
<br /> , 6rect paymerrt to Borrowor. B e cetund�educes principal,the reducUon wJA be treated as e paNal prepayment vritf,9ut airy
<br />, � �;repsymert charge under tho Note.
<br /> _� ,:� 1q.Hj,ut3ttOa.My notice to Bortower provlded tor in tAts Sscuri:y►nstrument chaD be gNen by deL�,rcriny tc cr by�:naiIIng It _
<br /> . t�•1L)� by fust da.r,c rr�S1 unles�appllcuble Iav�re�lrea uso of another motho�. The notice s6aD be�rected fiy st�¢Auy;stity Address
<br /> ''�'�ra"� or any a4t�r aQdress Bortower designetes by noUce to Lender. My noUce to Lender sha�bo gtvc,.n tr,r�st class maf!to
<br /> :•;.,,I�tji Lendp's�d�e9s stated hereln or eny other nddress Lender de�..tgnatea by notice to Borrawer. Any r.c�toa p.�vi4ed tor in this -
<br /> �;,•,;�;;X,° Securiry tnstrumant shetl be deemed to havo been given to Borrowa or Lender when glven as provided in tAle parer�tr.
<br /> :.,'�t,.' 15. �mv�rning Law; SSVBfebflity. Thi3 Securiry instrumort shali be govemed by tederal law and tir�e!�w ot the
<br /> • �:'`¢: JudsdieUon in vfitcA the Property Is tocated. In the vrent thal any provfsion or ctause of t4�ts Securfty InsWment or the IYote
<br /> �`�xy cortfttcts wlih appllcabie law, such eenmcl sheA not aNect other pro�rlstons of this 3ecvriry tnstumont or the Note Yihieh care ba
<br /> , gNen eHect without the confficttng provistun.To this end the provislons ot this Securiry InsVUmerq and the Note are dedared to
<br /> .. be saverablB.
<br /> ,�s,�. . 16.BOnOWCPB COpy.Borrower shaD be�UUvven one cortortned copyr ot the Note and ot tAis Security tnsitument
<br /> ' F7318.Ltd0 p�95) Pago 3 ot 5 �' v�
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