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<br /> " 7. Prot�atlon M L�nd�r'� Riphb In th�Prop�rty. B eomo�vw itl.to pwi«m th.aov«w�W�nd �t�oa�*d --
<br /> ,,`� � In ud.6.oudtr InstrunNn4 a uiw k.Mp�l aoa�dino un�mr�.�a�dY��•na.�s�qnn In tn.Provah twcn.�.poonaMg �,;_=,, --
<br /> .. . ,..nn: . In b�nkruP�N• P►��� ta oond�►n�tbn or IortNpw�a to �nlaa laws a npuMlb^�1, th�n l� nw1► do�nd WY far whrt�►4r k
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<br /> n�onwy to prot�al th�v�Mu of tIM Pro�1y�nd l�ndw.rqM�In tM R'opwty La�el�'s�.m�r InoMKM P�YMY�+Y w�wcvmd
<br /> ' .. by• Mw� wfilch hu Pi1aMY ovK Il�lt 8�aMUY Inttrun�nt, �PP�Y In oouA. P�Y�^Y rM�bN �ttamh►'t Na md �ntrrbp on 1tN
<br /> , Prop�rty b nMk�r�qk�. MhouOh Lwida mry Wa�adon und�r thb Pr�O�Ph 7�L�ndK don nW h�w to do w.
<br /> , n „ M1► �maunts Aibun�d bY L�ndu undw tha PwOn�ph 7 �hY b�oonM �ina�mt� •� YNlr�t ham tM � _
<br /> .. In.wm.nr. ud... 9ortow�r .na �ma.r w►« to ahr urm. a o•rM^�
<br /> , • - •� d4burs�nrnt�t the Note nte md ah�be pry�bN.wilh Nt�at.upon noUa Irom Undw to Ba►o►ww hp+NUnO P�Y�►t. c '_
<br /> . � '. A. Mortqq�Ilfw►anc�. B L�nd�r nqulr+d n�ortao���^a u� �°f��„��y ►«isa i� tn�mony�q� — -- �
<br /> •• � InfAU�rMnl, Bortow�► ahd pay th� P►�nium� n4�+lnd to mdnWn lh� mat0�p� --
<br /> �' '.. Inwr�na aov�nfN n��d bY Lender MPtK a oMws to W In �Il�il. Bortowr �MN p�y th� p►NnMans nqutrod to ohWn aovwp� �,..�_
<br /> R . , �, wbsUnu.ly .qulv�t�nt to tna mcwto�ae Imw.nw pr.vtouW h �Il�d. n • oost wbsana�lly «�+IvaMnt to tn�eos�a sor►awa o� trM �_-
<br /> mo�ty�w b.un�es p►.vkludy In .n.a� trom .n .It«nn• mo�+o.w In.w.r �PPro'�� bY ��►. n wbat.nw�► «�uN.ls�t naAO�w
<br /> ' � Inwrma�cownpe u nqt avaY�El�,Bortowar sfW p�y to L�n d�r�c h m o nlb� sum�q u d to onoriv�Mlh o1 th�Y�M�9�0�h�^� �_
<br /> pr�m.behp pald W 8onon'�r wh�n Ih�hwrana wv�Wried a oMf�d to M In Ml�d. Und�r wf1 Rc�Pt,usR �vi4 reqrM Ihl� _�� _
<br /> . , p�yrmnta u �ba�•na«w In Y�u ol mortOp�In�urrne�. los� nswva p�ymw�u nrY no IaiWK b�nqulnd,�t tM�+W�^ ol UndK. M �,r�,.�_.
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<br /> � �9�9e Inttumnaa covw�Os ln th� �nauni .��J kr th:, �d that ler+�►�qufr�l P►arid�d by an Inwra pp�oved by l�q�M �.�.�--- - - -
<br /> --- � ' . 6eWm�av�Wbl� �nd M obWnsd. BoROww sh�0 p�Y th�pr�ums n4ulnd to nnlnWn morly�0� In�w�noa In elfeci. or IG(xl1YION� ��C�+_r,;-�_-----�
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<br /> bes t�sNV�. uMil th�nquk�mnt la moitWYe Inw�ana�nd�fn�000rd�na wllh mY w�t�n W►��t bMw�n Borttwv�r and 4�nt11r a _�.�
<br /> . . . ' � . ��W. sii'::.�. y.
<br /> • 8. In�p�t1011. Und�r or Ib �yenl may npk� rM�awbM mUiK upo� �nd Inspatlont ot th� PrapwtY. L�ncNr.st�M Ow� ••w+.-- ..__--T---
<br /> ' O}0� to!D klf{�Clbfl t(f�CUyk10 frf011�W�OWN IOf 1h�NI�OY00. �p . �
<br /> 80ROWM OOUCO a1 1I10 111M � ,
<br /> 10. Cotld�mnatlOn. Th� procoada of �ny �ward or d�kn ta d�rtypa, dt�d w eontaquaitWl. M� corMe�tbn wHh �^y -
<br /> emnd�don a oth�► W�np ot �ny part ol th�Prapwly, or la eonvy�nd In IMu a1 condMr�lbn..re herabY �ssi�ld �nd sh�1 b� .;�,�t�q� ;
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<br /> � pMd to Under, ,l__". .
<br /> In th��v�nt o1�totd taklnp ol th�Propaty.ih�proce�ds sh�1 b��p1�d to th� wrtu�oeu►ed by this&curMY InsWmmt.whelher • -
<br /> or not thm dus, wqh �ny�xass p�W to 8onow�r. In the w�nt of�p��1M��0 a th� R'°p�ty in wh�h the falr m�� valu�of ihs �;:°,.-
<br /> ., prppMiy ynmblatNy b�1on th�Wdnp b�qwl to a�tter th�n th��mount o1 tIN wms s.a,nd by ur,s sea,�y insuumo�Mmnea.�e�r ~�,p,
<br /> bdan th�WJnp� unt�as Bortoww�nd L�niMr othawl�� ��r�e In wrftlnp, th� sumt s�wnd Ey 1hla 8�wrtry InWummt sh�N be nduwd .x?!q�;r�r�
<br /> by th�amount of the proaeds muqiplled by the folowlnp fmdlan: (�)th�toW�rnount at th�wma s�eund k�'�dtNey bdore ths Wdnp. ,
<br /> . ' dlvldM by(b)the hlr mMkd v�lu�ol tb� Property Wrwn�dl�Uly bMon th�uklnp.My bwnc�sFW b�p�W to BoROwer. In ths�+rent ot� 'r��
<br /> putW Wclny of th�PropMy M wldch ths hk muk�t valus of th�Prop�rty Mnrt�tNY bMan tha uldnp Is le�� tlw� th��mount of th� .
<br /> sums e�ausd kwn�tdy bdoro the hkinp, unleis Barowar aid Undw olhwwl�� �yrM 1� wdlN�q or unNas �ppNubM I�w olhMwlw .',�.yk. i�
<br /> _----_-_ �y�.����u.Mds sh�N be�ppYed to tM wms s�cuhd by thls S�curNy�n�lrum�nt c�hMhK a not lh�wms�ro Ihen du�. ":;;�,-. .~����
<br /> If th�PropeAy Is �b�ndoned by Borrowar� or H,tllar notk�by Und�r to 8a►ow�th�t th�conda�m« oiti�i�to mika �award ar `•:
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<br /> adtM�cWm for d�p�+� Barower faAs to nspond to Lande►wflhln 30 drys dle►th�dale th�noUct Is yiven, Lander 1�aulharfzed to � '�t,,.�
<br /> eotect �nd appy th� proceeda, �t ils optlon, �fthK to nttontlon a np�l► of 1h� PraVa1Y or to th� tums s�curad by thls S�aulryr ,�•�„�+ ,
<br /> IntUUma�L whether a�rot th�n due.
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<br /> ' Untas Lenda and BoROww Whenvlss�ov In wrqki9. �ny WPpaUon of prooNds to prM�clp�l shal not abnd w poatpona 1M due , ._.
<br /> d�b of ths monthy paynMnta reterted to In parayraph�1 and 2 or eh�nqe th��mount ol weh p�ymsnts. ° , ,
<br /> 11. Borrow�r Not Ralaasod: Forboaranc� By L�nd�r Not s WNv�r. E,neneion ot the tlm. �a wymwn a ••�=`.
<br /> modHicatlon o1 amorllzatlon ot the suma secured by thl� SecurUy InshumaM qr�ted by Lender to �ny woce�eor In Interest ot Bortow�r • a,' .
<br /> sh�Y not opente to raleaae the IlabWry ol 1he crlpind 9or►oWe►o► Bo�°M'�s wcchson In Inten�t. Lend�r sluiN not ba roqulrad to � �
<br /> oonxrwna proceadkipa ayakist any aucceaaor In Intereet a retus� to extmd 1Mn� la p�ymer►t a othwwts�modlry �moRizdlon of the �
<br /> � .,� eums escured by thls 9ewiily InaDrument by reason ol�ny dem�nd m�d�by th�aiylnd Ba►ower o►BortowK's wccatsors In IntKat ; . '" -
<br /> ' � My fo�bwronce by Lendu In exerclslnq�ny rlqht or remedy ah�A not be�wahr�ol o►PreGude the ex�rdas ot�ny dpht or ramedy.
<br /> 1Z.Succossors and Asalgns Bound; Jolnt and Sov�r�l U�blllty; Co-sl�nars. Th�Covanants and��r.ana�ts ot � ,
<br /> Ihl�3eaiity Instniment ah�ll bind�nd ben�lil the eueeeasors and aealgna of Lender�nd Bortower, subJeel to thQ provlalons of pu�qraph ` �
<br /> 17. Bortowa't covan�nts �nd a9re�ments sluill b� Jolnt and twaral. My 9w►ower who co•slyns thl� Seauity InaWmant bul does not
<br /> aewte the Nota: (�) li w•�Ipnlnq thls 3eewlty Inswment ony to mortp�p�. �t� Nd eonvey th�t Bortower's Interest In th� Propwly �
<br /> under the tartna of thls 8ecurlty �nshumenL (b) Is not penon�Ny obNy�ted to p�y the sums s�cund by thla Sawrlty InsWmec�t; �nd (o)
<br /> preea th�t Lender�nd�ny olher Bortower may egree to axtend, modlfy. 1orbMr or^uk��ny �cc°rn�nod�t�^s wlth ragard to t�nns ot , ;�:•,::.:�
<br /> thls 9ecixity Instn�nent nr tha Note w8hout thet Bortowa's eonsenl• • _
<br /> � 13. LoYn CI1ar�si. fl the lan sewrad by thh 3ewrity InaWment is aubJecl lo�I�w wh�h aels m�xlmum lan ch�r�es,and , ���•�-•
<br /> . th�t I��r Is tlmlly Interprd�d�o th�t the Intarest or olh�r loan ch�ryes coN�ct�d a to be co4acNd In eonn�ctlon wNh the lo�n�xwsd the F . .
<br /> � pNrnitted Ilmllt, th�n; (�)any such lan eh�rgas shaN ba reduud by th��mount neuaaary to nduw the ch�rqe to th� pw�Ntled IYnU: ,.
<br /> ' �nd (b)�ny eums�tre�dy coYected hom Borrower whleh exceed�d p�m�tted Wd1a wW be rofund�d to Barowe►. LendK m�y choose to
<br /> m�ke tht��etund by reduclnp the prindpal owed under the NotQ a by m�kln9�dk�et P�Y"�e^t to BonowK. 11� rafund nduas princlpal. ;
<br /> tM reducUon wlll be treated�s a paAal prepayment wllhout�ny prepayment charye under the Note.
<br /> 14. NOtfC6�. My ndlce to Bortower provlded lor In thls Seturity Mstrument sh�N be qlven by deNverinp It or by ma(Nnq ft by 1N'st
<br /> elosa m�tl wdeas appllcable taw reqWres use of enother method. The noUee ehaN be direeted to the P►operty Address or any other
<br /> adckeae Bortower dealpnates by notice to Lender.My notice to lender sh�bo ybon by Ikel claae maY to Lender'a oddress atated herdn
<br /> or a�y other�ddresa Lender designatea by notice to Bortower. My noUee provlded tor In thla Sacurlty Inst�umQnt ah�ll be dawned to
<br /> h�va been yNen to Bonower or Lender when given a�provlded In Ihls paragnph• .
<br /> � 1 S. Ciov�rnln�Law; Sev6�pbillty. Thls 3ecurity Inslrument slwll be qovemed by lederal law and the law of the Juriad�tlan In
<br /> � whlah the Property la �ocated. In ihe event thet any provlsion a clouse of thla Seeurily Mstrument a the Note cantlfcls w%h appBeabte
<br /> I law, such canfllct thaN not �Nect other provinlons ol thls Securlty Inahument or the Note whkh ean be glvan affeet wllhout the eonlllcdny
<br /> provlsbn. To thla end the provlalona o1 thls Securlty In�trument�nd Ihe Nol�ue declared to be aevenble•
<br /> 18. Borrow�r's Copy. Bonower aheN be yNen one contormed copy ol the Noto md of thls Securlty Instrument.
<br /> � 17.Tr�nsfar of tho P►oparly or a Bon�flclal Intonst In Borrowor. If�p w any paA ol Ihe PropeHy w any Intertst
<br /> M ft I� told or translrrted (or N a bene0clvl interest In Bortowe► Ia sold a inns�erted a+d Bortower la not • nalurol person) wHhout
<br /> Lender'�prior wrNlen eonaent. Lender mey,at Its optlon.requirc�mmeaiaie p.yr� -._�_. ��..�tii. c���.tn�i�e�n,rnr►t.
<br /> HIII 111 IYn V��w eri��.�i�w...����� /
<br /> Howaver,thls opUon ah�A not be exerclsed by Lender N exerclse la prohlbNed by lederal law aa ot ihe date ol thla Securiry Instrument.
<br /> 11 Lender exerclQes thls optlon. Lender shall glve Borrower not�e ol�ccelenllon.The nol�e ahaU provlde�perlod ol not leaa th�n 30
<br /> d�ya hom the date th�nolke Ia dellvered or malled wllhln whlch the Barower musl WY W aums secured by 1hls Security Inatrument. 11
<br /> Borrower I�IIa to pay theae sums prlor to the explrstfon ol thls perlod. Lender may Invoke any remedles perm�tted by thls Security
<br /> � Instrumenl wNhout lurther noUce or demand on BoROwer.
<br /> � P�Oc�01 5 Form J026 9/90
<br /> lF1029.LMOI�A41
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