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ti a F ': :i• ' � .Y: ' .�y !. l'::f:=�°"se�.. . .�, ;��_t. <br /> i .• '�4� . . � ' >1 a. , ::i�s • .5'E�1< _ { Q Yy+�:�( W _ j <br /> . wy "r, .�.....� - . {�•y��- _ <br /> . �tY •.tT'„'y``- - <br /> . "'T'i <br /> ` ' BartmNer may cure such a dstaul4 end r2Utst�te. as provtded in paragraph 18. !�y rausing the acSon or prateedfig to ba t�'•'�;�� • <br /> • dismisse��vith a rufing ffiat,In Lendtv's gocd fafth determir►st!on.predud3s todeiture of the Bartowers fnterest in the Propefty or ` f� `.�'—` �' <br /> ,,-------�—f-- -. <br /> othm msteflal Unpatmicv►t of the Ilen creatod by this Sscairfty Instrument or Lsnd;r's secudty interest Borrrnver shaii also be in - . <br /> detauR H Bamawer. during the loan appllr�n proc�3s.g3ve mmtcdallY fa[8o or Inaeeur�te IniormaUon or stataments to Lender(ar ��"_�;�';' `":' <br /> - P�i[ed to provfda Lcnsi.^.r tiviiii any rr�tedsi l�fem�Uan) tn conneetlon with tho laan ovideneed by the Note. Inctuding, Dut not -��:_iq-•�'.",�_ <br /> pmited to. �pr�Eniattons cancemfig BorrowEr's oeatpancy of the Pro�erry as e pAndpal resldenee. lf this Securit� `'��;`�'`•.°- <br /> Instrumgnt is en a teaseha;d Bortowar ehaD compfy wttA all the provts:ons of the lea�e. If Bortower acquUes tEe title to the�� ,_: � <br /> prope3ty,the lsasehoid end!he fee tlUe aha9 na4 merge untass Lender egrees to Me mecgsr in wririting. _ �:�� �. <br /> 7. F�4eatlon of L.andor's Wlghte 1n tho PropOrty. If Bortower ta�►s to pertortn the covEnants and agreements <br /> _ ..:.z,.—- <br /> corrtah�ed in tfit�s^ecurfty fnstsumen� or there i� a legal proeeading thet may signF�eantly aftect Lender's rtghts in the PropeRy � �;�j�E=_— <br /> (such as e pmceeding(n baniwptcy, probate,for condertsnaUon or 4ortetture ar to Enioroe faws or regulations).then Les�dec may e} - `�-�,:' <br /> do and pay fot►vhaia�rer is naces�y to protect ttse vatue of the Property end Lender's dghts in tha Property. Lender's actions �y _ � <br /> may indude pay(ng any sums secured by e Iten vihich has prtortty over this Security Instrumant, appearing 6� couR paying �� - <br /> reasanat�e attomeys'fees and eete�g on the Pro�sty to rt�;s��. Although Lendar msy take adlon under this paragraph O ��...:�.�:.�.'... <br /> ri�ir-srs::.��a:�„�„-�. <br /> 7.Lender does nof hava to do so. <br /> My emounts disbu�sed by Lender uader paragrEph 7 shall bacome add'itlonal debt of Bortower seeured by th(s Securt4y W <br /> ����.'`-�,_�_-'_�� <br />-,.--� Instrumeni Uniess Bartowa and Lender ag�es to other tecros ot paymen� these amounts sha7 bear hrterest from the date of .�•;,,.i; x.,•:-, <br /> disbursetnent at the Note rafe and shsD be payable,with interest,upon notica hom Lender to Borrower reques�ing paymenL `..T,�,,.:.,,_'.;; <br /> 8. Mo�gage Irt8UrdtlC9. Ii Lesider reGuUed mortgage Insurance as a condiHan of m�idng the loan secvred by thks •,�. <br /> , .� Seeurity[nsmimen�, Borr4wer shall pay the prem[ums required to maintafn the mortgage[nswanee ln ettect ii,for any rcason,the � � , .�: <br /> �� . - <br /> moRgaga insuraneo coverage requlred by Lend�et IaPses or ceases to be in eftect. Barrower sha0 pay the premiums requtred io :;�.�,�--. <br /> � obtafi cov�age substanNally equlval�t to the mortgaga tns�uance pre�fousty(n eRect. at a cost suhstanttaBy equNalent to the -�=,r — <br /> :�� cost w Bamower of the mortgage insuranee prevlously in eftect, frorn an attemute mortgage tnsur�approved by Lendec Ii � �,...�..' ^. ,_ <br /> ��,,,� substantialty equi�raJent moRgage insurance coverage is not avatlabte, Borrower shall pay to L.�der each month a sum equai to -- ;;,_-.- <br /> _ onetwdftt►of the y�rly mortgage insurance premlum bemg patd by Borrower when the tnsurance coverage Iapsed or ceased to ', �'�''° �`'_. <br /> ,,r be in eftect Lender wnU accc�ot, use and retais� these payments as e toss resetve tn {ieu of mortgage insurance. Lass reserve r�F�.. �,�1`;:.s: <br /> ., � paymertb may no longer be re�:ted. at the optIon ot Lender,fl mortgage insuranee coverage(fn the amourrt and for tha pedod �^��rkr,,,,,____ <br /> that Lender requires)provtded 6y an �su�� a�prov e d by Len d�a g a t n beeomcs avaitab e and Is ob�ined. Borrower shafl pay �'�;;:s.�.�..; '-._ <br />'`�'�'<� the pr�Nums required to ma.�+ �ncr[s��surance in eftect, w to prouida a losa resenre, untD the!�qulremertt to►mortgage .�%..�;:#:,;, <br /> f, <br /> insursnce ends in aaordzncQ rc�arty wt�'"..zn a�eem�t 6etween Bartower end Lender or appdcabte law. ��)"t�,�. � •. <br /> 9. MspacUon.Ler�r�tts agent msyt make reasortaEfe enbies upan and(nspectlans o!the Froperty. Lend�shaA giva �•� .. . <br /> U Y v <br /> .' �' Borrower nottca at the���prlor to an trispection specf'fy�,ng reeaonabte cause tar the inspectton. �.,Sj���'."�-`.• <br /> 10. Candemna;�i.7'he p�ceeds ot en award or daim tar ciama es.f�Ct Of COIISCQt1Br1GE1. 61 COMECUOR Wlth 8flj/ ` , `�, ,,�: � <br /> y g ��,�.�,:� <br />.�� � condemnsitan ar ciher tatdng oi anY Part of the Praperty, or tor conveyance in Deu o!condemnetlon, are hereby assigned and - <br /> 1 shaq be pald�C�def <br /> '.,:•( In the c�� at a total taMng ot the Prop�ty, the Oroceeds shall 6e app0ed to the sums securad by this Securfry ' <br /> � Instrument,whet�er or nof then dua with any excess DaEd to Borrower. In ths event af a partlal taldng o!the�'roperty in wfiich <br /> � � the talr ma-ik�value of the E�operty tmmedlatery before the taldng is equal to or�ater than the amount of the aums secured � <br /> _J by thts �e�y Insuumer.T cme�iatety b�fore the tsldng. untess Bortawer and Lesdr3 othemise agree in writing, the sums £,`�' � ` <br /> +1' secured Q��lis Security tnstrument sha0 he reduced by the amount of thn procpeds rtn.�t;pAed by the!.^,�owing rtactlon: (a)the ° �- - ; <br /> � ' total sma��-��:the sums secured Imrr.��� 6efore the taking. divide��,r (b)the tair market vatue�t tL'a Property Immer�atelY ,'�4�� ,•� <br /> .,:ssS�'� <br /> � '�` bebre the�.`:c�g.My batance sha9 ba psi�to Bortawer. In 1he event of a parttat t�ig o4 the Pro�eay��vhich ths tair madcet ,I�,;,';�s;`'�;� <br /> �. vpNe o?the Properiy imTe�.:2fy�elare the taidng is less than the emount of ti���rs secured 6nmediatey befc:v���:a takfng, y.�� �' °- <br /> untesa Bor�awer and F.rr���e: o:herwise a g tee In vaftfi or untess appIIcable haw cLf-rawtse rovides, the proce�e� shaq hs '�y <br /> g P �Y��.-:__' ..; <br /> .'��� epp9ed to L�,a sums secur��6r�thts Securi�j InstrumeM wheth�or not the sums are then due. '�1'�l�'."".'• : - <br /> If the b'ro�erty ia abandaned Dy Bc�-�w�r. or if,after notice 6y Lendr�r to 8orrower that the eondemnor ofters to make an . �_�.�,�_ <br /> �:�' award cr s�a claim tor d�magea. Ba�rnver 1aIIs to respond to Lendzr wfthin SO days efter the date tha notice is glven, <br /> • Lender is�Vlharized to ceF.�ct end eppty tbe proceeds, at fts optlon, etiher to restoratton or repaU of tha PropeRy or to the °'""'�' <br /> .r ' <br /> sums se��by this 8ec•.u�ih�tnsbument.wheiher or net�hen dua �}t:•. :•.. <br /> �� �;. Unte::� l'ender end 6�r.cwer othervv'se agree in eriting, any eApflcaUon o9 proceeds to prindpal aheD not extend or .,,�•. . _,_ <br /> :...::f.. postpona i��dua data of the monthy pa��ents reteRed to fn paragraphs 1 end 2 or change the smount ot such p a y ments. �- <br />�4��:' 11.L'�anvuvuor Nat Reteasod; trmrbearance By Lend�r Not e iPVaiver. �aensbn ot me Umo for paymem or -�- -�----�=_=- <br /> � i ' mad'dicaUoz�o amoA(z�ion.of the surra sca�airErd by thls Securfty Instrument�anted by Lender to eny successor tn krtecest ot �~� •' <br />- Bo�zower sha't net opetate to release tha Aab�ity ot the odg(nal BoROwer or Boaawer'a suecassots in interest. Lendar shaY not � ••� :� <br /> �{�, be requUed to commas��cee�Bngs agein�t eiry successa in interest w retuae to extend ttme for payment or othzrwiso ;'i.".:�: -,<_ <br /> ' �' i�• mo�ily emo�t�iSlen of t':e�r�ns secured�y thts 3ecutity Instrument by ruason o!eny demand rtiade by the a�tginai Bortawar or ��f����•• •�^'.'., <br /> �I � r���'QS,S;,�:_->.` <br /> � Borrower'a �c.�..:.c�ssors In irrterest My torbearonce by Lertder In exerdsing any dght or remedy sh�9 not be e waHer of or <br /> '.. prec&tda tt:a�.�t�se ot arry dgM ot remedy. `�_ . :', <br /> �� 12. S�ee�sors and A�slpns Bound; Joint and Sovorai Uabtttty; Co-sisreor�.7ne covenu�ts and ���.�;._.;, -= <br /> • 1i ageemerrts of this 8ecurity lnstrum�►t shaU bind and bene6t the successors end asst a o!Lender end Batrower,sub ect to 4he � � ,�y� <br /> er, 7 ), =.�,.•,...,. ' <br /> provisions o!para�aph t�F. Bortowers covenanta end a�eemenls ahaA bo Jolnt and eeveral. My Borrower who crosign9 this ��{b'::,.=�:-� <br /> � '! ' ri��lr�y� : <br /> ! Security tnstrument but dc.r�s hat execute the Note: (a)i�co-siyniny thi8 3acurfty Instrument eny to mortgaga,grant ar-d convey �;;,�•:.ti.^ _ <br /> �� thet Borrmu.r�r's inierest�tlte Proyerty under the terms of this 3eeudry InaUUmenx (b) is not personafty obUgated�o pay the <br /> �.=;�;(' aums sear�9�y this Securiry Instrumert; and(c)agrees thal LendQr and any other Borrower may agree to extenG, modify. 't"�r: <br /> forhenr or a.�H:e any accommodattons with regard to the tertns ot th[s Securfty InsVumerrt or the Note wlthout that Bortowers ��=��°;='�`' <br /> • consent �f-�=��`-,� <br /> � 13. Loan CCt7E�:J. �f the loan secured by t�i� &ec��:^,I Instrument is subJect to e taw which sets maxlmum loan ��t�°-=.: . <br /> � charges,and that taw �Z*saUy interpreted so that the ir.:erest cs olrer loan charges collected or to be coUected in connecUon ve.c������ �-��-�-�• <br /> uuq.%uv�n+W ti:.. <br /> witb the loan exceed the pertnitted Omtts, then: (a)any sucf�Io�s ch�a shell be reduced by the amaunt necessary to reduce .—----- - <br /> the char�ce So the pertnitted Bmii: end (b)eny suma etready co(4ed'lndi Nom Bonower whTcA exeeeded permitted IirNts wID be "� <br /> a e <br /> ,;��-. <br /> retunded c� Ba:rower. lender may choose to make this retund by reduahg the principal owed under the Note or by matdng a ,,!+;;.: <br /> direct pa�.:��.^: to Borracti_r. H e refunA reduces pdrtc�l, the reducUon wlll be treated as e partial prepaymern w(thout any _m-~� <br /> P��Y�t a',arge undev the Note. `-.°.`'�-- - . <br /> .. . 14.�Y��C09.Arr�n:Cce tu Bortower provlded for in this SecuAiy Instrumerrt shall be given by del&edng it o?by mailtng i! ;r��;.,`':�°;;�. <br /> :, � by fust�s rtaii un.esa appQcable favt requires use of another method. The noUce shall be directed w the Pn:�r:y Address �L,���_� ��_� �--• <br /> �- �5' � or erry ctt�vv sddress Borrower dostgnm� by noUce to I.ender. My noUce to Lender shsll be gt4.•� by first etsss mafl to <br /> Lenders ar�'ni.-asa s(aled iierein or any ati,er address LEnder designates by no8ea to Borrov�er. Fr..D-�Uoe provlded tot!n th;; �.•;y_ <br /> Secudty insirument shatl be deemed to have been given to 8orrower or Lender when given as provided In this parc�aph. �,r��s,y",a;j,� <br /> 1S. Goveming 6aw; Seva►ability. Thls Security Instrument shafl be govemed by federal law and the law o1 the �;,;�->_��=:=.,-= <br /> . judsdioUon in which the Properly is lacated. In the event that any provislon or ctause of this Secudty instrument or the Note �,i;'_v_ ? ' <br /> conficts v.��eppilceble taw, such conflict shaU not aNect other provis!ons of this Seeurity Instrumerrt or the Note a�hich can 6e ��r.� <br /> giv�eftec�wfthout the wnflicUng provision.To ihis end the provislons o!this Securi.y InstrumEnt end the Note are dectared ta �"-•;;i2��-�-�L' <br /> be seuera�'ia. �-��-=: <br /> . -�- "?�.: :� <br /> � 18. BOnOeN6�'s Copy.Bortower aha0 be glven one eontortnod eopy of the Note and of this Securtry Insbument. :s+vr°- •-- <br /> • � � L� �:w�;:e.�;�a: <br /> Pa o 3 ot 5 �,-�;•'�'�'_:'.± <br /> F13i6.LM0(3/96) 9 � . �. ^ <br /> __•. :.:c'd:.�-_a <br /> i <br /> - ��:<:�:•-. . <br /> 96056 �.'.*• . . ._ <br />. • Y , ' <br />- ..._.... . ' . � . . ._ .. . ' .. • _ ' �_ . .� , ... ., ' . � . .. �l. . . . . . <br /> . .. . ' � . . .. - ' ,� .., 1 . ' ' - . _ ' � . . .b�`„ . <br />