_ . . . . ,1, -•�z.r;t�t'� `•1. - £iCe]��v-
<br /> . �c.:
<br /> ' p ,�y �g�, . �:
<br /> �ib�� ���/9"�j� J4i . '_�.
<br /> -. Aay aa�oumts disb�arsad by Lend�r uad�r t��af.s pa�agsap3a 7 IIh.�l� =__.
<br /> -- bscome ��di�i�a3 d�bt �f Brszper�e�$ Becur�di b�r �hie Sac�rity�.� E�i^
<br /> • � � In�trumen�. Unlese Bo�sow�ra an8 I�aader agree to otY��ax term�c a£� �
<br /> - payanen�, these. amov►nts s3�a1Z bear intereet fram t.ria d�te a� �
<br /> di�Hur�ement at the Note ra�e an� sY�a11 bs payable. with int�res�, �,
<br /> ' ug�an notice �ram �ender to Berrcwe�� re�uesting �a�ent• �
<br />�� If Leaider requir��l mogtgage inaurance se a condiC�ora of matsi.izg .�._
<br /> t�e 3.oaa secure� by thf g �ecurity ansLacun��a�, Horroa�are s�a+ll pay �:.
<br /> � �`� �� the preaafu4ns recyuireta to m�iataia the inst.�cas�co in e�focC wcn�il =_
<br /> � su�h timeE a� the rEqiair�mQat for the ixia�ca�ace C8rm3nates in �:
<br /> � accoxdance wi�b Bosrrawers' and L�n3�r's w�ci�tsra a�reem�t: or �
<br /> �;.,�..,,,
<br /> appl3c.�ble ].av�. �
<br /> r_...
<br /> �,,:;�: 8. Ia�pQCtion. Lenddr or its �gent may m�Ise rr�a�table
<br /> � exitries upan and inepectior.�a� af ths Property. Le�� ��'�-�� 9�-ve �,
<br /> ` Borrowers notice at the t�mo og or pri.or to a�i f.��tion
<br /> � specifying reasonabie cause for th� insp�ctfon. � __
<br /> � � .�`�:• m for -
<br /> 9. Cond�mnatioz�. `I'he proceeds of aa►y awar��i c� �� ___
<br /> �,�mag�s. �sirect or coz3ssqusnt3al, 3.n; .;#td�o��.a�� :�a.�tt�l: aaY _
<br /> .. ���aticm og o�her ta2cirz� of at3y part d�' tZae Psag���;,:.tix Eor -.
<br /> . .. � � � ance in lieu ��co�.tle�a�.io�►;�,aro hexeby aag�.�cl� and ehall _
<br /> ,,,��; 1z�d to Lender. � � .
<br />..--��::Stir�. .
<br /> � In the event of a �s�-� takin� of the Pxoperty, Che p�csceeds _
<br /> � ��!:�:��, shall be applied to tr.�� s�iz� sec�ed by th�.s Security iaet�a�eat,
<br /> '~��� whe�her or not the� �te, �i�h any exceea pai� to Borgowers. . �a t�xe _
<br /> �`, � �aking og the Property, wal.eae Barrowe�s a�.d
<br /> .`;�;.;;s:�, e�vent of a pa�ctial� �:
<br /> . r>��,��,t�;_-. . ; LeAe3er otheswase agree in writing, the sums �ecttred by � � . , -
<br /> � .�.;,,.. Se�urity Instrument shall be reduced by the amAUnt of the prctcc�sc�:..
<br /> ,:.°��:' . . . rtr�2tiplied lay the follawing fraceiea: {a? �he total amoun�:�' th�' . .. --
<br /> y`. %�i i5 � . .
<br /> ; �,',�„ . ` � �,,:� s�aured immediately loefore the taki�ag. d�vided by tb) .�`�a�s:..�. . . _
<br /> `�'` � ���� va].ue af the Property i�te8iately before the takiag: �An��;� "
<br /> '��„� � � b��ince sYiall be paid Co Borrawezs. � � .
<br /> ,:�.;.. � � �
<br /> If tha Property i�.a��.'3oaed by Borrowera, or if,, aft�:��c�tice .
<br /> �, % ~� by Lender to Horrcar�s .�� trie condemnor offera ta make s�i_awa�d
<br /> �� ��y,��I • Or setti� a c].afac ��r���da�.g�s, Hor�rowers fail to reapond to:-�euder. _.
<br /> .��`..' . � within 30 days af�ex C��. �date�����t aotice is givea. Lender isa�:�
<br /> . authorized- �a collect a�as�`�,�ply thc �.rcoceed�, at it� optior��.•ea*�he�.�. ,
<br />� � :� � ' to rea�oaoE��On or repaar "a� the .Px�ca.}��y. �� to the sums :�ec���d bY . .
<br /> •.r r��'. � .. �� 9ecuri�ty inst�m.�nt, ��hether 2��.�;i�� t�en due. �
<br /> L ' •
<br /> t`1 .`�� • ,.•�:. • • ' : , • ' . � _ , ', r . .
<br /> y��s��;' :; IIn].es� Lender �:�d sorzowexa atiheryoise agree �x;"�vrf��t�, � ' _
<br /> , �?:��':�'� � appl3.cation of proc�eds ta prfncipal. ehall not ex�r�$�cnr.L?!?gtBo���
<br /> • � �he 8ue date of the yearl?r���yments referred to in p�ragra�'�s � anfl
<br /> �::�f3;' 2 or change the ama�t .o� �uch pay�ents. . .
<br />;,:�;�.�h,� ..
<br /> <�;;�,> .. ' �10. � 8orraweu�� NQt�;�i?�eleaaeds Forbearance �� Leader Not� a
<br /> ���. . �•..
<br /> • W�++er. 8xtensiar� of tl��. time fer paymen� or .modification� of _
<br /> •• � a�rictirtization of th� euas . secured by this 5ecuri�y Int��rument
<br /> `"" � � g�sntefl by I�ender to any aucceseor in interest of Sorrowe�� shall
<br /> �..�°i:`:. u�tit3�operate t� release the liability of the original Horrowere �or
<br /> '`� �'� Borrav�ers� Bucceseors in interest. Lender shaii not be required �o
<br /> commence proceedings agaimnC any auaceasos in� interest ar r�fuse•��
<br /> �.',,;.��.;���� •• extend ti.me for paymant o� otherovfee modi�y amortization og ��
<br /> sums secured by bli�� Securi�y Inetrument by reason of any den�s3
<br /> :',. . . ��i� by the o�:��1r1a1 Borromers or Horxowers� euccessore i�
<br /> `'���'• � intcereat. l�ny forbearaace by Leader in exercising� any right or
<br /> . .' re�ceedy ehall not be a waiver of or preelude Che exercise of �ny
<br /> � r3ght or r�medy.
<br />� � � 11. &uccessars and �aigxis 8owzdt Joint and Several
<br /> Liabilf�y; Cu-afgners. Tha covenants and agr.eoments o� this
<br /> � � �• Security Enatruinent shall bind aad benefit the suacessors and
<br /> � aesigns of Lender an� Borro�rer�s, aubject to the provfs3.ons of .
<br /> �� parag�aph 17. Horromers' covenants and agreemen�s sYiall be joint
<br /> � ' - and severai. Any Horrower who co-eigas tbis Seaurity Insts-eimeat
<br /> � but dos� not er.ecu�e the Note: (a) is co-signing this Securi�y
<br /> � Instrument only to mortgage, grant and co�vey that Borrower's
<br /> � . intereat in the lyroperty under the terms of this Security
<br /> � .
<br /> ",, �' �. . .��,:.'�; ., � � .,ti , • : . , .
<br /> . ,. . � � t,. . '{ . .
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<br /> . � RD . . ' y. . ' ' - � ,. 1e. . i (_ �/ - .
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