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<br /> _ — - �ana rohet�ts, .s provld�d in pun4raPn te,b�+s�9 tn. adlon w procNdlnQ ta W �
<br /> Rarrow�r may ax� wch r ulrwi� �_._
<br /> ' � dlsrNas�d wRh� ru4nQ t ot hs ii�n a�d hy thla�S�curitY I�c'unwnt or La�derure cecuMY l�srast�BorrowK ah�N 4so b�In � .___
<br /> othr mat�rirl pakn�n � o�yss,yaw rt�alwiRUY hlaa or M►acwral•kitormauar�or atat�nl�co l�nd� (or� _�._
<br /> d�f�uM M Bonawr,durnq ths loaa appYc+► Pr �R1 � c�� with th� :an wld�nc� by tt�� Not�, hciudiny, but not � —
<br /> ta!!rd to provld� Undr wph �ny nwlawi ;�ta;�� c o1 th� F4op�tY •s � prkulpal rasWM�� ii tiwn ��ry p --
<br /> lirr�t�d to, npr�a�ntaUa�s conc�ming Bortoww s occupan Y
<br /> Instrurtwit Is a� • Iw�s�h°Id, 8artower shaU aanF�►f+ w�h a:t tha provisions at th�{w�sa. tl Borrower acquk�� iM tql�to th� m -i_ -
<br /> prop�rty,th�laasohc,ld and th�te�tiUe ahaY not me�po unless L�ndw�pn�a to th�rturyu fn wri3in�.couenanis and�qraan►�nts � �'_°°''
<br /> 7. Protectiu� or i.ti�+�+wr'L R!a!:'.� '.n th� vyq�wty. a Banower t�ts �o pwtorm �"
<br /> �„�„ �fl�ct loncta's tiqhiy w�zr,e r�o��cy � 4=_
<br /> conWMd in t!!b Secutiry inaui+�T�P.;�L. os•y!.•• }�-. IwtYf�! orocMdiRO tha! f�liy W . . _ v _. �,--
<br /> (II biI1WLPkY�PrNa++tiJ. i'� C:���"^.^•'1!�i�!1 (�►MAM1t4ff 0� t0 NItGC1i i�iWi 3T T^.y1::�>tt3).Z�+"���"''SL�"!1'�!� ��.'���
<br /> � (such�a a procwciln9 " ����• � `- -
<br /> LA do and pay 1or wludev�r Ls n�c+saa�y to protsct th�valua of th�Pro�rty ond laidw'��hta fn th�MrcpwtY. LM�w.:�:�«°.,� j
<br /> over lhls S�+�tY Insuum�nt, aPP�'�^4 In court, WYMW �?,a
<br /> � rixy Includv WY�9 �Y �� s�usd by • W�n whlch has P�Y � --
<br /> reasor�abla attomays' t�ss �nd ant�tinp on lhs PropM'ty to make repalra. A�haWh Lender mtY take actlon undrt thls P��9��Ph �;r:
<br /> E -
<br /> (� 7,Lendr doaa not tuiva to do so. h � shall bo:om� additlon+il d�bt ot Bortow�r s�cwr�d by thla S�u�Y � �.�
<br /> � qny Wnounts disbutsed by L�ncAr und�t P�nOnP t�tma ot paym�nt, th�sa amou�its sAa11 W�r intKKt brom tha QW o! __
<br /> � Initrurt+�nt. Ur�Nss Bortow�r �nd Lan� W� wNh int�t,upoo noUa kan L�nd�r W Baroww nquatk►p WY�^�.
<br /> � �g,�Wt�{�Rwf�tt�s H L�nci� p�� �9�G� Insw�nc� as •oondilfo+► W n�kh0 th� lan s�aurd bY tAls
<br /> � S�curif�InaLrum�►!, Borrov+w shaY WY�P����rW��to m�M�Wn th�mortGr9�fns�^G�^�. q,tor�ny r��a -
<br /> �p�tq�p� fnsur�u wv�ntp�r'�i��by Undw MP�K � ��to W In Nf�d.BwrowK aMll WY��� ��
<br /> obtak� cov�nq� wbslanti�tY �quk�Mnt to tM mo+t4i9� In �11�cG hom an �tt�nut�i mo�t9+Si�t`wba�1IWN�Wn1�tM _
<br /> cost to BortowK al th� mortQ+�Qa Intur�nc� prov{ously to L�nd�r Mch month � sum W�+d to
<br /> fYbtSillflRllY �Q1iW�IMtI fl10�t{�Q�ff1sU(�t1G COY�np� I� not �vaYaW�. BarowK ahWi pnY �d a cws�d to
<br /> o�.�cwdrtn a u,.yauty n,ortqw.fnwru+a vr«,�k,m wing P�bv 6«roww Wn«+ �n.k�sw.n�.cownq.�
<br /> b� fn Nhct. Undsr wIY acc�Pt,usa and ntatn thp�WY�� u�bss ��rv� ln iiw ol moRq�p� Inwu�nu. Los�nwv�
<br /> p� �1 th�optfon ot Und�r.M morisap�Muuranc� coYKap�(fn the amount u�d lot th�p�d
<br /> D�IR�'�+ts �Y^�b^� ��' vb b L�ntMr��In b�c°rn��vaY�bM�nd Is obtafn�d• Barow�r aMN P�Y
<br /> tlsn::ea�!e�r.oulral orovld�d by an Insunr � Y
<br /> � p��nwm� r�uWd to m�k�taln rt+ortG�q� hs�w in awci. i,�t��a.� a!e••_!!�•rv�. until tfw nqulrrn�nt tor mortq�C+
<br /> hsunna onds fn accordanc�with �ny w�tt�n a9rwnmt b�twMn BorrowK and Undr or app����. l�r►cMr�pN�
<br /> 9. Insp�t�W1.L�nder w Its ay�nt may m�tc•rwsonabw�ntri����^� �th� ��++•
<br /> Bortowx notic��t th�tim�of or prtor to�n insPxtbn sP«'.ityf^�
<br /> 1Q. COnd�nln�NOn.TM Proc�eds of�ny owaM or ctafm 1or dunaqes,dinct or conseQwnti�l. In coru►�cNon v�th anY
<br /> concl�matlon or othK takhy ot any Part of th�Prop�ty, or tor conveyanc� in Yw ot cond�maUon, ar+hwbY us��d�nd
<br /> �haN b°pald t°��►d�r' ths proce�ds shaY b� �PP� � th� sums tawnd by thif S�cwkY
<br /> In the wcnt of a total takin9 of th� P�°P��Y. �tha want of a pvtW t�cln�of u►�P�'op�y h whbh
<br /> InsUumer►t,wh�th�r a not th�n dua wdh�ny sxcess pald to BortowK• er than tha �nwunt of the swn�s�cund
<br /> 1h•rrr markd vaw.o:en. ProP«ty irmwd�+�Y ndor.u,•e.wny l� .yu+�to «�n.t n Y+�. �. swns
<br /> by thta S�cuBCY tnstrtia�u iim�cLt�tY batoro the Wdn9, w�{esa Bartowr and Und�r othNwis� ����: ����e
<br /> ��by y��y ytisyynwq shatl b�reduc�d bY th��mouot oi th�proc�w�� Y
<br /> total anwunt of tlw awis s�d imrt►�ilatM►beton th�takM►y. divld�d bY (b)ths t� m�k�t w1+e ot th�ProPutY inr�d�t�Y
<br /> belcxs tM taWn9•Any Qal�nc�aAa1 be p�d to Bortower. In th•�wnt o1.parwl t�kin9 of th�Rop�tY In whfch th�1Nr rrwfaR
<br /> valw of tha Prop�b�� b�or�tha LWnq Is{�ss than tM�uri of th�sums s�cund���Wdng.
<br /> .....a ►....�.. a1wWi�� aarM fn v+�iny w unMss aP�YC'+dM faw othenwlta Provldas• shY be
<br /> - tAlwss vi,u.::::. �..� �..._-- -- - _. .
<br /> _ „ppY�d to tM swns s��d Dy U1»SxurltY!nslrum�^�wh�u not tM sww an u��•�. offara to n�alw an
<br /> H tM PropwtY k aba^do��d by BOROWw,or �.att�r notic�by L�ndw to Bo�owar th�t tM cond�mnor
<br /> �ward w sa�e a dalm tor d�n�a9�• Borrowx taits to rosp�►d to Undw wRhin 90 days aftr th� dat�tha noUa or to ths
<br /> La�dr ls authwlzad to coYed and�PPN the procssds. at its oP�• sithx to resioratlon or�pah ot ths Propa'�Y
<br /> �,s��d py thf,S.curRy u►snw►wnt.wn�th�r a n��•n auNv �^ d � � �'� sh�N no: �oa«ia «
<br /> lk►hss L�nd�r and Bort'owK oth�tv+is� �il� � �Q' h�1 and 2 or ctw+q�t��nwlant ot wCh WY�^�
<br /> pastpon�the dw dsi�at th�monthN PrYR+�^ts rd�rt�d to�+par�qrsD oi th�rieM Sor p�Ymw►t or
<br /> 11. Borro�w�r NaR RNsassd; Forbwanca BN L�ndK Nd� Waiwr.Ext.nsfon
<br /> _ • rtwdMcation of�mortlzatia+ of th�wms seau�d bY thb S�a+MY�bw�t 9Mt�d by Lw+d�r to�ny succ�s�o► �^ht� °�
<br /> to nTeas�th�Ii�bWtY o1 the orl�lrnl BortowK or BatorwK'a suooNSxs In inw�st. le�dr shN not
<br /> gotrowr shW not opKate ��� a�� Ny ��� fn intwst a rotuta to �xt�►d Ua�� tor paynnnt ot othMwis�
<br /> b� ��d to ca�w�a►c� P� InsUum�nt by nsson of�ny drnu►d tn�ds by tt�a�1p1nW Bo�rowK a
<br /> �qdi�y amoRaation d the wmt a�aued bY thls S�audY ht or r�rralY sha11 noi b� a vwhr�r of or
<br /> Bortaw�s wec�ssors In in:w�si My to�bMrance by Lender in �clsin9�Y�4
<br />— �,t�iud!the�ords�ot Iu�Y�a�a1O"y t911te. Th� Cov«wtts�d
<br /> — 12. Succ�saon and Asslqns Bound; Jolnt and S����al Llabllity:at d.nder�.nd BoROwer.sub�ct ra tna
<br /> �yr�is ot Uws S�M►�+�►t shaY bk�and b�nrnt th�suass«s and ua�►s er who co-sl9ns thia
<br /> provlslons c1 P�r+g�ph 17. &xrower's cov�nants and a9rMrne�ts shaY be jant�nd s�r�al. �Y �� 1 and convay
<br /> S�autty{n�vum�+t Dut do�s nat axecuts th�Not�: (al is co-siqnln0 thls S�CwM�s="'"'�t O1►�Y to mortysy�,9�►
<br /> under tho t.rms o1 this s�cwitY tnsavment: N) a �p�O"`h' °b��t° p`Y�
<br /> � tt►ot BoROwer�i interest in tne Pro�pertv to .xt.,d.nwdN�
<br /> = sums securod by thls S�auRY NsUUn�nt: and (C) �gr�es that Lend�►and attiy ot��o�Th�N�oyta wkhout tl�t BortowK�f
<br /> --- torbev or m�k�any accortrs�od�N.�►s with ry�rd to th�t«ms ot this S�audY
<br /> — wnsent. H ths lo�n s�auyd bY � �Y �t Is wbleat to � law whkfl sats �m �
<br /> = 13. Losn Chif�� �t�t tt�iat�nst or other loan charG�a coMctsd or w b�cai�ct�d h oon�on
<br /> - ohvq�s. and that taw Is tktaly in�prot�d�. �a��ny wch !an chary� aMM b�nduad by th�amount n�sarY to nduw
<br /> --- wRh tM ban wccMd tM Pam�iti�d �n wms �dY c��d trom Bortowet whlCh exc�ed�d Permilt�d W�ts wiM b
<br /> the ch+v�to th� p�1t�d Iknk: +ed (b) Y
<br /> �' ratunded ta Bortower. Lendor may ehoos�4o mda thie retund by rsduGny th� principal owad und�►the Noi� o tb�rtwkk►y�
<br /> diroet wm►� w eorrowar. ii. raw�d racwc:s psl�c�.s►. tne r.dua�on w7I w v�tod as a paruol prewyma^
<br /> � P��WY^'�1�9�under ths Note. ft or by nyiliny�
<br /> ° 14. Not1GS.Any noUco to eorrower provided tor In this Securtry 1+►s� t�s s� ��^������y�s
<br /> c_ by lint ciw mell unNss �PPlic�bi+I�w �s us�ot�noth�r m�thod. � trst dass m�to
<br /> = u �ny othK addnss Borrowr daiq�u�tes DY noMc� to Lendw. My notia to L�der shal b� 9^� � nvfd�d 1or In thls
<br /> = Lund�s addraa atat�d he��in or any otha�addraa L�nd�r dal�at�s bY not1�to Borrov+r. My notk�P+
<br /> ='_' Security InsVument sha11 be dsMn�d to havs been 9iwn w Bortowr or Lendu whm given as provldsd In Ws parayraph•
<br /> 15. Gov�min� Lsvw, S�v�rabllityl. This S�curitY Instn+ma^t s1uY b� 4ovwn�d by t�der�l Uw and th� law ot ths
<br />-'� j�uisdictlon in whtch tha Propwty is bcat�d. Irt th� evant that�ny Provislon or claus� of thls S�+rdY 1nsVumont or th� NW�
<br /> �_ InsVunwnt or tho Note whlcF►can be
<br /> contliets vrith applicabta law.such conlWct shaY not�Rect other?�islons�of this 3ecutity nsl VumK►t and the Note are decLred to
<br /> giv�n eNect withwl the conl0cti+�y provisioo.To tt►ts�nd the pro
<br /> b�severable.
<br /> 16. Borrowar�s COpy.Borrower shaM be ytve�one conform�d coPY o1 the Noa and of thts Security Instrumont
<br /> �. � .±, .
<br />, i Paye 3 ot 5
<br /> F1316.LM0(3196)
<br /> �,
<br /> _-� CanswnK
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