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� <br /> --- --- -- - — - � ----,---_ <br /> � - �• --��-�-*--��-=---- ' .. ., . . .�_.... ;n�', .�.a..;.r..= _ <br /> � . - - •- <br />. -_:.LSi'�.r.:r�:,`c4c�rp�L�.s�tC�'+���ai•-.Y.`�v.,.�..�yt�•_,_�_•_--=�..�.��__,a�--=� - --__ -- -- <br />. paymoaua may ao laa�ar oo rayulrcd,,u ine opcicw c►f r�.en�er.if ca�oitQ�qa ia,surance covrnge(u�i�ct,o�fii3��+perlaa <br />_ t�i L.��r r�uL-r.�)pov{i�1 Gy�a ins�u�r r��vad by ire�+s�in burrae��v�i1�Ak aad I�obi�laod.B�r,�wzr sh,�ll{r�y ttyce <br />� pranluius ralutrocf w m�i.zt�la iaort��o insuracxx in efi'xt,a w provide a W►a rcsava wuil tl�e roquirem�aii for er�ortg�c <br /> iawraoco cnQ�in oGOOtdanCe wi�h�oy writ�ea�gr�neaaeat bctwoeA Baruwtr aad l.�sdcr or appUcaLk law. <br /> 4.Ias�sa.-t�'oa. Lc:.3�:ar i:z:Y�at cr.�y r,�c rss.-��bi�a�.G'.rA upa.-� �ud ia:�xsc;��oi tta Pi�a-ty. l.e.-tidz:s+'u11 �iva <br /> Bontowtr n�ilca W the Ilme of or prior Et��t iasQoctiot��CCil'y ia�c�caeoeublc cawse for tho in�poCtio�. <br /> 10.Cundemaatba. The pncet:3�of�ay award oc cl�lm for d�au4g�s.dirxt a•const4uwti�l, ia om�ection wi�h any <br /> �on or Whar taicit�af aay part of the Pe�operty�or fot oonvoyaaco ia 1'sw of coaderaaaticw.aoe dereby assi�tiod�od <br /> clul!ba paid b La�tic�r. <br /> Ia tka oveat of a WtaZ rakLtg of tAe Pt��aty,du procoodi shel!be appliod to the s�a sxured by ttds Secs�sky Iasuwrunt, <br /> whcttux or aot tber duo.with aay excess paid w Borrower.W�de eveat of a partUtl tWcin�of tha Pnu�.r.�ty in whlch tbe fair a�arket <br /> � vaWa►�f tba Prope��ty iaune�i�ttly bcgaa tbn Wciag is oqwt]to or gre�ter tban the�mount of tha suens socurod b�this Socurity <br /> Inclpumau iaaa�edi�oly befae tba Wdag. ualast Barrowe+� �1 l.ender otbawiao a�raa ia writin�,the sums eocurod by dils <br /> S�curiry Ltsautt�mt sA�ll 6e Kd�cod by tisa sawunt of the p�+acootls asultipliefl by tl�o folbwin,a frxtion:(a)ttsa WtW amowu of <br /> �6e sums uc�u�ed im •••��y bei'ore tBe tskiag,dividod bY(b) the fair n�rkct v�lua of tbe Prciperty �y bafore tbe <br /> � tatir�.AAy b�lao0e s�ll bo p�W b BaYG��r.Ia the eveat of a p�[tiaL O�Eimg Of the Pr�dty in w6iCh the fair mirktt valu0 of the <br /> • P'roputy iauneJi�tely b�foro t1�e talciag �s Iess td�n the�nount of tbx� ss��xured imaaedi�c�ely befoc�e tbe takir,g.un;�ss <br /> Harower aad Laufer othawi9e a�x ia�vritur,g a oNw applieabie law alwwise pnc.wides,�e pcoceals slWl be applied w tbe <br /> sums aocured by this Sxucic�[asmuneat w!�a�dre sums sre tken du�. <br /> If du Pto�aey ie�b.�foo�ocf by Borrowa,or if,atkr aotice by Lendee�o Borrower th�i We eoadem,or of�fers rn m�ice aa <br /> awaod or seale�ciaim fac dnm�es,Bareawa f�ils to respo�d to I.eaider�vithia 30 day�afier ttie ds�a the ao8ce ts gives�.I.ender <br /> is autbori�ed w oolsect�nd appJY tbe P'ooeed�,�t its aQtiaa.either W raeoataoa or repeir of tbe Ptic�etty or ta d►e suoos sxurod <br /> ' bY ttis Sea�r�Y Ia�nraea4 w3dl�er oe oot d�m daa <br /> Ua1as I�eod�r aad Ba�e+n�+a old�a�viu a�roe ia�reitiaC.anY�pptkadoa of Pcnoeeds to priacipd shtll not ea�ta�d or post,pone <br /> tbe d�e dY�of dfe caoalWy paymaMi refarod b ia p�eapapt�1 aad 2 or c6toge t3�e aro�xao!of sucb P�Y�� <br /> . il.Borro�wer NW Qeka�ed;Forb�ws�oe B�l.e�der Not a Wa�ra: Fyctmtic�n of the t�c fa p�ymeot ar modificatia�o <br /> -' of amo�oaticm of tt�e wms sec�d by diis Socurity Ins�umert�,�nmd by Leader to aoy cuoor,s�r ia iruartst of Bo�ruwMt s1� <br /> iwt oQera�e to i+�ieax tbe liability of tbe ariginal Bam�+rr a�Boaewer's�as:ors ia iaterest I.ender ah�i!not be tnquirod w <br /> commeaoe Procoedie�a�iost any wooes�or iu iota+est or refwe to�teod time fa paya�e�st o��od�erwbe a�odify a�oa�ntioo of <br /> � d�e w�secnred by d�Sscurity Ia�rumaot by ir�on of my damnd made by tbe o�i�'s�al Bacio�+rr or B+o�row�er's mnoes�o�s <br /> `- ia ia�.Aay fabaa�aoce by L�eades in�aay ri�ht or c+emedp sistll aot be a waiver af ac p�x.Wde the exerciie of a�y <br /> r�t ot remed}'• <br /> 12.S�ae�na6 sad Au�as Sa�ed:�aiot aad Seve�a11.8b�it�;�Sl�a�r. 71re coveaacts �ad a�roaaaks of t6is <br /> � Sa�arity Iastnumatt �116iod aad baoe�'�t tbe s�on aod <br /> as�s af I.ea{er�nd Bai�rr, subject to Ibe povirions of <br /> �� p��cap�b 17. Bac:+ow�ar's orrsrea�on aod a�oem�tt s�ll be joi�t�d seves�i. Aay BoRmwer �vbo co-sigus d�is Saaaity <br /> � Ys�emt but does not eseciae d�e Nole: (�is oo�gnin=d� Sacueia�p dass�m�at aoty►1�mort�+�aat�od oonvcy t�at <br /> � saeo.�r•=i�sc m t6e�►ued�r�,e�of a�s s«�ricy ta�fi ro)is oot v�aoo�uy�b p•�►me s�ms <br /> ,,:� - -le�f�d ti�►91i�SeCi�Y inf�es��(c)�rs B�at I�e�cler fod�n"y'old�ar Bamwa msy i�ee b aili�d.roo�f�+.�a3tar a --- - <br /> .� �mice any a000mm�datio��k reg�rcl b 8�e taa�s of thi�Soarity Insuumaat er the Nob�vitlwud d�at Bare+o�r's ooenmt <br /> r� 13.I.osa CMrte�. If t8e iow�ecu�od by t6is Security Ins�umeat is wbjeat b a 1aM.vhich 9eb r�uiauoa io�n cbraes. <br /> �� and t�t la�r is�aliyr m1a�d ao tbat tbo�rstaeu or atha lo�u ch�ega cWlected or to be ao11o�^ood�a t�aaoctioa with die lo�n <br /> � e�cooed tbe pa�iued ilmi�.tban:(a)wy sucb fo�o clnr�e ch�U be�by tht�ouot aea�+ry W reduoe t4�e c�r�e b the <br /> i�rmined limir aad(b)�ny s�nns�ltetdy oNldcbd from Bam�wer�vliicb cytoeeded petmil�ed luoits w►il!be tef'tanbd b Ba:ower. <br /> K� I,eodei mbr cboace b m�ice,this rrliwd by�ducing the p�iucipl w►�d �mda tLe Nate ar by m�iciq�a diroct payment 10 <br /> Bacrnr�er.lf a nfi�od tei3uoer priocipv,tbe rednction�vill 6e aealed ac a p�tLl R�PrY��mY P��� <br /> � ` a�de�r die rTola. . <br /> h ` i�.Plaiota. Auy notioe a BacmwKr provided fer in diis Sa�rity Instrueaot shNi be 6iv�n bY ddivrm8 it a b7►aw'W�it <br /> � Dy 6rst ci�a d�7 oNas ap�licabie 1�v�oqac�s u�e of aooHKr mabod.'ibe aoti�oe shsU be dicnclod b tbe A�ty Addrets a <br /> , i ity olber add�est HO�rOwKY desi�les by notiCe b Laider.AAy Dotioe 10 I.dlder sball be�iv�ep by 6cst c,1a�s Onil�u I�eadet's <br /> � ; adder�s mied hereia ar an�aobior addnest I.e�der daiga�lw by mtioex a Ben�ow�er. Atiy notioe povided far io d�is Securicy <br /> Iamvmeot si�il be deema!ur I�bem givm q Bocrow�a a I,cackr�vbeo giv�ee as provided io this p�ap6. <br /> : � 1S.Gove�isE Ltw;5e�rsb�it�. 't't:it Saauity Im�auma�t �11 be govaaod hy fede:al h�+ �od tL� laa of the � <br /> i i�ia w�irie6 tre Pe�oQarty is ioc�lad.In the evwt tbat ay p�oviaioo a cLme af dtis SecuMy�a tbe Nae <br /> � ooaElict�wilb�ppiicabie law.sucb cooflla sbaU not a�ect otber provisions of this Sor�ity Instnunmt a the No�e w6icL pa be <br /> - �iven eEfect witlwut�e�provisian.To this eod the provi:ioos of tf�is Saar�uy Ia�eot aad tbe Nooea�e d�ecl�od Ia <br /> ' ; be sevesabie. <br /> F • <br /> ` Foea�O�l�!!0 <br /> � ��i�lc���o� . <br /> Pao.�a s r*r.i.. <br /> � • .1!':. . . <br /> . '�: J14 L" _��� <br /> _ . � •L <br />