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<br /> Loaa No: 08541750 ���� Dat�IA: 916 •< °
<br /> • �. ��+ IS b C t�3t lII I.EEG�°..TB �
<br /> $orro�ver shali be in defauIt if a�►forfeiture acrion or pm�di�g,whet�r c i v�7 or c r i m i n a l, S� �; �`;' `• .
<br /> ' ar othernLse mateiiat�+ imgair the ti�a c�cated by this ;..: .
<br /> goad faith judgment oould resuit in forfeiture of ttrs Property :, s. << . .
<br /> Sec�uity L4sstrument oz Lead�s s�curitY interest �orrawer aaay cure aush a defauIt aa�reiastste. as psovidtd ia
<br /> paragraph 1�,bY cavsiu8 the actIan or praoee�S to he dismissed with a niling that,ia Lender's good faiEh detcna.iaation, :'•<.
<br />. prectud�s forfeiture of ti�B�orroxer s iatsrest ia th�Proparty os ot�er material impairmeni of th� li�a�a t1is�Jt an ' �
<br /> Securtty �nmvm�nt or Lesd°.a's sccucity tatzrest. 8a�er s�211 also be ia default If Borranvrt, du�in& ; '
<br /> . applitati�x�preoess,�ave mate�false or inaorurate itaformation or state�ccata to Lender(or fa�d to prm�ide Lea3er �...--
<br /> -`' with at►y material uif�rmation) ia wa�ctiva with the lnan e+r,�ced h3► the Note, i�ludi� bnt uot lnmrted to,
<br /> �° rep�tatsti�ns a�__n+�*n�n�orrovrr�r's o�paary of the PragertY ss a Pria�aPal residQnoe. If ti�3�curitY Insuument is ��•:.ti'.; .�'
<br /> r�aRx
<br /> on a leaseIwld,Bormwer ah�ll wmply wiW all the pravfsinns af tBs lease. If Bc��rrowe�aoquires f�eitle to the Pmps�cy. -
<br /> thc teasehold aad tfle f�c title sball aat m�rge unlESS Lender agrees to the merger in wiitin�. .::
<br /> � 7. Prvtec�ton oi I.ea�ter's Hy�4s in t�Fr�per89. If Bormwcs fails to perform the mvenanLS aad ap�c�nts �..ti.� -� r'.
<br /> aoarained in this Suusitq�Y��n�,or thgre is a kgal proceed'mg that maY ssgaiSc�anuY a�t Lcndier's ri�su the t , .
<br /> SuuTi •-
<br />� propemr(such as a prooeeding ia b a n l Q Upuy,Pro ba te,f m m a�^m n a ti o a o z f o r f e e n W r e or w caforx?s�es oY teg�ad�s),
<br /> then Leat4er m a y do an�pay for whatever is necx�sary m grotect tlt+e vaiue of the Ptopetty aad Lemjds tI�in the .<,,y .� ..
<br /> ' ° p�Pe�Y• I�3as's atx�u;m3y ia�iuda FayinB anY i�a��ured by 8 Iiea wluch h2s prioritq over t h�S e a r.a i t y C� ' w-..�•;r
<br /> -`'° apPe�n��m ao�t,Pagm�r�awaable auomey►s'fees akd eate�mg on tlse Propertq to maloe rcpaizs. AEsmtss�is IRnder ` {•.,:� .;.:.
<br /> m..�y t����er thia para�aph 7,Leader does t�t hava to d4 ao. -°.�__"�
<br /> �:-�:.,t:___.
<br /> �p�.:.otu�disbutsed by Lestder uader thia paragraPh 7 ahall beoota�s�r,�l cY�t�� amountsr sl�all bea'�r ` a'�'�:�=::
<br /> � ��.,,� t•�r.�„�.±+_ Unless Boaower and Lender agre� to other terms of ga:,[ssut. - - 'y.e
<br /> inierest fcoa�t�date of disbuissment at th�DIote tate and shaU De payabie,wiih inter��.r�a�aatioe from Lendez to • . _l� _
<br /> Bonower tec�.�esun8 Paym�� �r::; �'".
<br /> te
<br /> . g. h�wtgage Ynstu�oe. If I�eader rWuired m°rtP�Be imur8nae as a con��ua a��rgag the Ioan secutcxi isY ,�,;-,,,�.-:�..
<br /> ed to maintain tls�m,e .���'a�nce in eff�et.I�for � : .
<br /> this Se�auity Tastrum+ent,8nrn�arer sl�II PaY the Picm bmsLenI de lagses � • I-,:^_
<br />:,. :,, any reason,the martg�gc i�raisoe wversge re4used Y or ceascs t+�l�ia et�°ct,HoaaWet�ari pay the � -_ `
<br />�:,v to o6ta�oovsra��.ubstantt�►uluivalent ta ths mortgage�g��sly in e$ux.at a cost e��� .
<br /> :�;__s p r e m i u�a s r a q u"a e d r e v i o u s m e ff�,�m a n a I t e r n a t�m o r t g a g e '.-��
<br /> ,s,;� suMtantially equiva.lent to the c�st tu�•sscuwer of the m�tgage imutastcc p � Boarosver ahal� �o`=
<br /> � ``-`�` ins�uer approved by L�ader. I f su b s t�y�nt m°r�8 8 ias�°��vetage is not��I�, PaY ='
<br /> to I�nde:�ach m�nth�sum alual m one-twell3b of the yearly mortpge iasuranoe premium being paid by Barrawer
<br /> wl�n tibe insuranoe a�rerage lap�ed or oeaaed 2o be b effect. Lender w�i acoepi.use and ntaia thea�pay�a�a �'i�,�
<br /> . �065 LCSCIVG ID IiCll OY IDOf[�$6 IflSl1f8IICC. L0E.4 I�rd�nb 1�8Y AO I9IIgCI UE ICQ�1ffCds 8t L�lE OjDVGi�'(Sf LCDdEY� I�_:�_�:�?-.
<br /> if mortg,age insuraace caveraga(ia tttsi:�nunt and for the perind that Leader requires)Proi+id�tr�►aa�suce�approved ���.
<br /> by I.cndet e�t beoomp ava�7abl��is obtaiaed. Boaaa�er adall paY the P�emiums�3 to maiatain mortg,a8= _ , -_
<br /> . i�sUrancx in effect.or to g�vide a ts�xs rese�e.unb7 the rr�luaremeat for mortgage insura�c�eads in awaa�aunoe v�iti�
<br /> - any wri34tn agceemeni heLaa�a Botrower and I�der or applicab3e law '�:..<� �". .
<br /> of the Pt�p�':y Lestder� ``;• .
<br /> y��ap�, Le�i6�,�r os its ageat may maYe xeason�b2e e�atrIss upon uzu�snspearona .,�S. •. . .
<br /> t�tus�able cause fos the inip�ction
<br /> ,, sha11 g�es gaarmarer notioe at the�tIme of or prior to an iaspection spccifying _=�r
<br /> 10.Copde�onWjoa•. 'l�e Proceedg of atry awazd oi�Isim for damage5,di�r.t ur c�nss:queatial,ia ao�r,cuon witb
<br />' auy oanda�tioa or ott�er taldag of�►Pan of 3he property.or for oaaveysmoe�a lieu Qf cundemnaiion,a�e lierehY �.�
<br /> a�i�d aad ehaIl be pa'sd W I.ender. ,� _.531,��.,.
<br /> In the event.of a total taicing of thc Property.the Prooee6t s�fiall be appl3ed m tlse aum+seaued�►t.t:s Sec�srItY
<br /> � � i.nsmimeat,whetbei or aot tben dne,wIth aay ezarss paid w Bonowet. Ia t?yt exent of a gazdal taldn8 af r�e Prapsrt9 �.:._
<br /> to or eatss tha=t tba amounl of
<br /> In w}ue�t�€ait market vatue of the Yroperty�teZy befoto t�ia taking is equal gt
<br /> � tha aums soccred�y tbis Ses�arity Tns�,s�sent immediately bcfose the tatdng,unk�Borravves e�d Leader athetov�so agtee ��"
<br /> in wrlting,tbe aw�s��Y��9 Iasuumer►t shaD be tedwoed tsy the amonnt of the proaorL mu?tiplied hy ��?':.
<br /> � ths follu�ving&actioa (a�'r3e total anwunt of tf�e eums secured immediatety beforc the taldag,dNjded by lb)tEe fair _-_-
<br /> m�arScst value af the Fna�immediately before the taidug. Any batanoe she�d be pa9d w Borrower. In tbe eveat of � _
<br /> a p a r t i a l taYtag of the Fi�:�r tn whLh the fair marYet vatue oi the Propeny�►before tha tamag is ku t�an
<br /> e �r-.`..-_
<br /> . . the amnunt of tha�s e c u r t d i a.�r-.�i�,xte t 9 b e f o r o W a t a k�8.u n Z e s s B o a a w r�:�n d l.e a d e r o t h+e z w t c e a�i a w t i t i n g
<br /> oi uakss appllcab:e Iaw othc:wis�e Prr,rr�s.tt�e Proaeds shaII be ipplied w tha��aecured by th33 Sewdry I�� � _'��.
<br /> � wiyct$cr or nat tl�e s�er+e thm dua �!"�:;-•
<br /> Ii the Yraperty is abandoned by Boaavrer.or�after mtbe by Lend�s�BoYrawer that the ann�s offers.
<br /> 4�malce an awud or soule a c]aim for�mages,Har.�uwer fa�s to resgoad to Lender witlaln 30 days aftes tha dete the �-.-_�
<br /> ' auuoe is�:vea,Y�ender is suthanlzed to coik.�t aad appty the prooeeds,at its optiog,eiti�er to restoration or repair of
<br /> � the Pro�ty or to the aums�cuted by thfs SECUrIty Instru�m4 whethes ar aot Wen d� �..,.
<br /> 1l�lem I�ender and Homawer othctwise agree fa writtag,�l$PPli�ati�a of praoeeds in piindpal sEaD not estcnd �'��-
<br /> ur pnstpone the due date of the moath2y paym�nu nferr� to ia para�aDhs i aad 2 or�a�aag+e the amount of ancb �r� .� �-r��
<br /> .: :� L�;�,i,:_�.
<br /> �i. g�Nt�;�ei�aedi Fnrbc��ace By LendEr Noi 4 weivea E�easbn of the time for payment or -°
<br /> modificatbn of amarti�,�n of t6e�secured by thb Saa�ritY Instrumeut gtanted by Leader tQ any suraessar fa �
<br /> � inttiest of Borrtwer ahali aot oper^�i�1Elcau the liab�lity oF ti�ta original8oaoaret or Botmwt�s aua�ua�in iutenst ��'
<br /> . . I�euder ahali scot 6e�'�to oommcnce prooee�ng�a8�s�ac��►�ua�essor in faterex¢or refuae to e�end dme for �,,.--
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<br /> Paymeat or otl�e�wi�e m��difY e�ortizadan of the suaas sccured bY W6� So�r'3Y Iastrument by reasar+of aay d� --__
<br /> . , ma0e by thc arlgtsal�$!sc'ower or Bmrrow�ePa suoeesson+in intercat �4ny foris�tcce by l.ender in er.,�rcEsing at►Y nght � -__
<br /> � ,; ;;� or terr.edy s�a{1 not be a waiver of or precluda tY�g exercatse of eay right or�e�y ����a� —
<br />';?;;`{�'' t�l�arecsco�'s u�Assigns Sauadj dote�4�3everal�tW1ts93�• —, -'�`
<br />,;.,�;:�:.:; of this Sc�eniq Iastrument shaD bia�l aad Q�nefi4 t�e suooe�eo�s mnd a�igns of Lender and Boirawer,subject to t�e i;-
<br /> . prwitimnq of paraga;sL�1�. Boaawes's oovenanta end agreemc�s e]�U be joint and several. An9 Sonower who ca �=r,
<br /> .... ai�s thi�Secvr[ty Iast�at but does not eYUUte tise Noie:(e)is oaslgnin8 tlus SecurltY Iastrument oaly to mortgdge, ��_
<br /> a
<br /> giane and aonvey t�at B9�cv��x�xr's interest in the Prapesty�nder the term�of Wia�curitY Inswment;(is)is aot petsonalty �."'F:°
<br /> � t
<br /> � � obligated to pa3�thc su�s secured b9 ti�s Sesauitp iaswmen�end(�)S�S tUat l.endes and aay other Soaa�rer may _
<br /> S �r�•�...
<br /> . •.,:. a�ee to artead,modify.forbear or mage auy acoommodatioas with rcgar+d to We tetmv of this Security imtrument or tlse
<br /> � Note cvithout that Boaawer's ooaseaL �.�� ..
<br /> 13. Loan Cf�ar�. If tt�e loan secured�y this Sauriry iusvument is subject to a law wbich seta maffimum Ioan 4-.,
<br /> . . charges,and that 1aw n finally interpreted so that th�interest or osher loan charges cotluxed or to be aolleceed in __—
<br />� - conueciloa with the Wan escccd We petmitted timit�,t�ta: (a)a�r euch Iaaa cbarge straU be reduae�Dy the ancaunt _'�- �.;;
<br /> � ne�essary to reduae the charge to the permitted timit;a�d(b)anY
<br /> sums atteady oollected from Boa�sver wIush esoeed�Cd " '�w.r
<br /> � penmittea limits w71 be tefunded tfl Bnrrower. Lender may cbaase to make tLis nfund�S►We r+e�ducti�on�wi�.�ho treateA .
<br /> under the Note or by matdnB a direci payment to�urmrrar. If a refund reduces princiPsil+ '
<br /> rs a partiai prepayment witfloui any prepay�ent char�e under tl�e Note. '— :
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