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<br /> .• Bartow«� moy auo wch � dWulc an� nk►aul�, �s providrd in panyrsph ia, by cauolnq ih� �cUo� or prxa�iny to Dr
<br /> • disn+i�t�d wAth�ru1Mq t!ul, in LmWr's yood MNh d�tNmination,pr�cludw(af�itura o!tha Bar�wai s fntxaut in th�Pr�plrty a -
<br /> olhx matKW Ynparmrnl of ttu Y�n a�atW by tha S�a+rity 1n�trumw�l a L�ndub��cwity IntK�al. Borrow�r stwJl qsn b�h
<br /> c1�1a�4 p Ba+row�r, durin�th� lan sppUcstian procaa,pave mueria�ly iNee or Inacant�inlarrwtlai ar�Iat«n�+HS to 4wndar (or
<br /> t�Jid to pravida L�ndar wilh �ny mttwiaf k�tomwtlo�) In conn�cHon wilh �h• b�n wkNnc�d 6y Ih�Nota. inducLnp, bui �ot
<br /> YrwtW to. rrprtt�ntatbn� cAnc�rnlnQ Bortow�r's ocouP++icy ol lh� Pra�wtY u a p�inc�al r�tJtlartiG. N thk S�curRY
<br /> Inatrumw►t 4 on a l�as�hald. BarrowK sRaM canpty w�� �Ji th� provhlon� ot th• Nasr II daTOww�cQuros i�adp t� iiw
<br /> Rop�ty tM I�s�hotd�rxi th�fM Gtk shiW nol m�rflt unMas L�n.:K�g�MS to tha m�ryv in writinq.
<br /> T. P�otUCtio11 01 L�t1dN''o Rlgh1� (» t!w Proporty.ti Barrow� 1a8� to p�rtam th� cov�runts and iprMrn�+ts
<br /> cpnlafn� Y► thls ^�ourity InsttumMt. or thK�4 � I�1 proc�0 thal m�y slqniAcantty efioci Und�'s riqhl� in tM PropMt�
<br /> (wct►as a prau�dNti�h bank�uptcy,ptobate.1or c�ndwnvRion or for4�Iw�or lo �ntaa{awg a r�Ifonc).ttwn Lasdar��
<br /> do and poy tot whatwar b naqssary to protacl tha vslfa o! tM Pmp«ty and Ler.d�t's riyhts in ih� Pt�p�ty. L�►d�r's
<br /> nwy InducN WY�^9 �ny sums e�cund by � Y�n whlch Aas priorAy ovw thls S�cw'itSl InsQunNnt. app�arinfl in cowt. PaY�9
<br /> nuonabta attom�ys' tNt and mt�Y�p on the Property to m�k� rep�frs. Allhou�h Lendar may tako actbt� und�r lhb pauaprsAh�
<br /> �. LY11dQt d00!RO!hiW f0 d0{0.
<br /> My anwunta disburs�d by LendK und�puapr�Wh 7 stuY b�come additlonal debt o1 Bortowar i�curW by tAb S�c+uity Q
<br /> Inswm�ni. Ur�tas BartowK and land�r aqrw to olhe txms o1 payrn�nt, thas� anwunta shall 6au Intartst trorn the date ot w
<br /> disbutswnant at tha Noto nte md ahaM bs payabN, wilh hteral, upon notic�hom lmder to Borrower roquuUnp paymo�t.
<br /> 8. Mor4�p� loauranc�. n �end.r r.quked m«c�• �nwnncs .s . cond�uon of mt�kln� tAe �o.n sec,uea oy tn�s
<br /> S�writy Ir�slrummt. Bortcwe� shW p+iy tha pr��ms spuk�d to nWMitah tho nwrtyay� inwrance in att�cl. N,for any rason, lha F.l
<br /> mortq�p� inew�nt�.�covusQ� nquind by L�nd�r MpsM a cyus io b� in qMoct. Barow�r shatl pay tht prrNums roqufnd to
<br /> ob�ar, co�.raq.wbsi.nuwy .qutva�.nt io c►�.�,o�cy.4. nw�r�ca PreY�ousN n .n.a, at � cost subsW�ttUN Wuhr�bnt to tAe
<br /> cost to Batowa o1 tM mortptp� hsumce pnviously In �f�Ct. kom an altrrkta mortq�ye Inwnar �pproved by L�ndu. It
<br /> wbaLntiaYy �qulvalw►t martq�q�insursnr.�cowra9� ia not av�ilabl�. BortowK shall pay to Under wch montn a wm �ia1 co
<br /> on�tw�fth at 1M yM+!y moRnrge inwranca orwnkun Mk�g pald by Barow�r whon Ihe InsurinC�covaa90 kpsid or C�as�d to
<br /> b�in�f[�q. L�nti�r wi accept,us�and rat+�h tMse paynn�nts as a bu rssenr� h iiw c1 mortgtq�hsunnc�. Loss raerve
<br /> paynwits m�y no {on�K be nqik�d,at th�optbn of Land«•,Y morty�Qa insunrtc�cov� (In the amouM and tor the p�riod
<br /> tlut L�ndM requins) ptovidsd by�n huu�r approv�d by Lendrr a�ain b�co+n� �vaiabl��nd b obLYn�d. Barowr shW paY
<br /> th� p�Mr�iumo nquind to mainYh ma'ty�y� inwranc�in Nf�ct,o�ta provlda a losa res�nr�. unti th�nquftMn�ni tar moA�aye
<br /> , iis�uanc� �nds in accord�ne�wi�h any writi�n aprMrtw�t bee�w�en BorrowK and Landsr or applictbts law.
<br /> 9. Insp�Ctio11. UndK a its a�nt may m�ka rasonaDle�niri�s upon and inspecUons ot th� Roperty. Le�d�r sh+r yi+re
<br /> BoROw�r notk�.t the tima ot«P�+�+ta an in:pactioa xpeciyinp �a�sonabt.causa 1or tn.insp�.tlon.
<br /> 10. COt1dMMf7iNOtf. iM procNds of�ny award w cqiim fo►damay�s, dinet or consaqu�nlLl,in connsction with any
<br /> condMmation or otl►K takh� ot any paR of tM PropMty,or tor eonvyance in Ueu o! cond�tnnation, ue hereby ascl�rud �nd
<br /> sMr be paid to L�ndK.
<br /> In u�. w.M a a cos�i Wchg w vti. Prop«ty. u+. proasds snM nQ .pplisd to u,e sums aecwed ny u�ls s.cwitr
<br /> Instrument.whMh�►a not tA�n dw,with �ny�xc�ss pald to 8orrowor. In th�e+rent of a paRt�l t�king of tha Propertyr in whfch
<br /> u»ar mrtc.t wIw or u,e PropKry in,n�distyr e.ta.en. wd�►�is .a�co w �..:w uw� tns ,�roiu►t ot uw su�u sac�uaa
<br /> by thlt S�curiry Inttnuiw�t �mwdisUly b�tor�th� Wdn9, un4ss BorrowK and Lmder othatwise spree in writiny,th� wms
<br /> s�ar�d by t!�S�axity Instrwnent shaN b�hduGd by ttu anwwtt o!th�proe�ls rtwRiplied Dy the tolowinfl fiac8on: (�)tha
<br /> totat rno�xa of th�swns s�arM invn�di�tdY b�Tore the takh�g, divid�d bY(b)the f�ir m�rkd valu� 01 th�Prop�rry M+muli�tMY
<br /> b�fon tM Wdn9. My 6ai�nu ahall bs paid ta Borrow�►.In tM awnt ot a partW Salcin9 of tM Propwty i� which th�idr m�rk�t
<br /> w�w w u�e Property inr,w6awy edon.tna taklny is Nsa ehan tf,e.nww,e o�cne wrta :ea,nd inn,,.di.t.y b�t«.th.wch�,
<br /> ixdas BortowM and lender oth�rwlsQ ayrM h writin� or unkss +�DP� Isw othwvts� Provida, tM proCMdi shW b�
<br /> appi�d to tM wms s��d Dy this S�cur.ty kuuun►ant wh�thK w not th�sums an thw�due.
<br /> H tM PropMty Is �bandaNd by Borrowr,or if, aAr nofla by Lauix to BoRavr that t!� condeirxwt oN�ra to m�?�
<br /> av+rd or sM1'w• ci�tor-d�4K, Batawu t� to tespano to i�rcR wid+in �i drya � in�oa's.in. nviia 'ss y�.w,. - -...
<br /> l�ndr is auUio�iz�d Lo coY�d�nd�PNY�ProcMds. �t ita oP�.eithar to rastaation or r�pak of the Prape�ty a to tha
<br /> suaN saau�d by tNs S�auitl►hstrument.wMNar or not th�due.
<br /> 11nNs� Uncier and Bottower oth�tvvise aprM in vrtitir►g, any appiicadon of procNds W princlpd s�►�M nol �d�►d a
<br /> ? post�one tM dw dat•ot tM monihN WY�s raiKnd to in para�apAs t �r►d 2«chanye th�an+ou�u ot wch wym�nts.
<br /> 11. BorrowK Nat RN�af�d: Forb�rsnca By l.�ncN► Not s W�iwr.Exc.nsion a tt►a um.sa prynw►i or
<br /> �flf.mor�.uo� a n,e � s�a ay�s.a,��y �,:a�.m��Ma by�.�+a.r�o.�,y �c�.�wr h hw.�a
<br /> earaw► shar not op.rase to nlsase tn.li.bity of ta.«Igir►al a«rowK or eom�vK's wcassors in ra.rae. Lanar sn�noe
<br /> � b� nquind to carnw� P�'�4s +9�u �Y saccuasor in int�nst or n�ius� to �d�nd tyns br qymw►t a otM�wis�
<br /> � nadity atnortiztlbn oi tM wmt socW�d by thlt S�curity fnshurtwnt by reaso�o!any dwfw►d m�d� by th�ori�inai Borro�w�r or
<br /> Botrow�r's wCassors fn htrqL My torberance by I.atider ►q �xrGsiny �nY dyht o►�wdy sfiY not b� a w�anr of or
<br /> �.�wa.m.e�� d a,y �nt «r«r�ay.
<br /> 12. St�cc�sson and Assign� BoucKi; Jdrtt snd SwN'ai LiaWtity; Co-slg��-The covenants and
<br /> agwnwnts ot thls Seairity Insfiut�nt shal birW and brirfR tM succasas u►d asslgns d Undr and Bortowr. wbj�ci to ths
<br /> , pravWons of pusgaph 1T. Barowr's cov�mntr �nd ayrMrtwnts shaf b�joint and saral. Any Bart�ovwr wha co-signs ti�lc
<br /> - s.curRy InswrrNn:but do.s na aoc.a,a u�s Noc�: (a)a ao-sipni�►9 tnts s.curity k�swm.ni ony co mas�.ye,pr.nt.nd conv.y
<br /> ' u,u eoROwer:w►�.��, sn.a�«ty �,a�m.� a � s.�,Mr �nstrw„en�: (e) ts nw p«�son.ry o�q.tea w � �e
<br /> ; wms s�ared by this S�auiry Inst�u�r�ank �nd (c)�re�s tl�t L�ndr�nd any othar Borrower rtwy a�re�to e�Qmd.mcxtiEy.
<br /> forWe or m�ke�ay a�ccanxnod�tions with rpud to the tertra o1 thls Seaxiry Instrument or the Note wifhaui that Borto+Nr's
<br /> ca�sent.
<br /> ' 13. Loan Clwq�s. q tha loan s�cursd by thls S�airity Instruma+t is subject to a f�w wt�ich s�ts mwkrxm fo�r►
<br /> charg�a. and that law is inaiFf hterprebd so that the inter+eat or othar lo�n char9es coll�cWd or to b� coMttsd In conNCtion
<br /> = w�cn v�s �o.n .xaea u,e P.nriaoa lnits.cn«►: �.�a�,y u,en�oa�, crw9.snar be naucea ey U,.art�o�n:n.c.:sa�y co nauo.
<br /> the a,.rye w u,.pa�sr�s.o rmic: �r►a �� u�y wn►. .reaa„cae«ea rmm eonoM,er wnk,, .xoeea�a Pen.r�md rmcs,�be
<br /> nkxrdsd to Barower. Lar,der m�y choosQ to make thls rehu�d by reduGny thQ pfidpal owed unda the fiote or Dy rtykinq a
<br /> ` � WY�t to Bortower. B s n(und reduces prineJpd. the roduction wit be t�Mt�d as a pareial pcapayn+ent wichait any
<br /> � prapayn'wnt char9�und�r the NotQ.
<br /> � 14. �O�fM.My nc+tice to �ortower e►ovided fc�t h thl�Seauity tnstnxn�►t shaY be aiv�n by dYiv�ing it or by m�ing it
<br /> • by irst c{�ss rtwl w�Nas appk�bi�law roquires use of�nother ttbthod. The notice sAa�be drected to the Propaty Address
<br /> � a any oth�r addnss Baraww des�gutes by notica to Lendef My notice to L�nd�r sha/ 1» qiwn by frst cl�ss mail to
<br /> Lender's addncs sSat�d her�in or any oth�r �ddnss L�ndK d�.sly�wtes by notice W Botrowa. My notice prov�ded Tw h tAis
<br /> SacurAy I�strumr►t shU be demwd to have bNn given W Bortow�r a Lendw wMn qiv�n as provided irt thk p�rag�ph.
<br /> 15. Gowrnlny t.aw; S�v�rability. 'rtus s.a�icy insvurnern shar be gov�rned by tederal I�w and the law of tht
<br /> jurisdiabon in which tM Pro�pwty is bcat�d. In tha event that any provisbn a d�use ot this S�curiry I�strum�ru a the Note
<br /> co�tl�cts willo appfic�btr law. sucl� conAid shal nW aAed oiha pnvisions ot this S�curiry Instrurtw+t a tfu Note wNch c�n b�
<br /> qiwn rtf�d writhout Lh�con�ictirp provision. To thia �nd t!w prov�slot►s W this Sac�rity Instrument and the Note are de�Lred to
<br /> b�saverablo.
<br /> 16. Bor�Owi�'s COpy.Bortower shaN be given one confortned copy ot the Note anJ of this Security InsVument
<br /> f1316.WG(3/96) Paqe 3 d S �1 • I��..0
<br /> 9fi021
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