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<br /> BorrowK may cur� w�:h a dit+ult �nd refnst�ta. Rs f�+ovki�i h pu�prsP
<br /> �u�dtw:d w�:h n ruW�q tt�af�in Lendrr's 41ood f�i1R d�la�rr�inatlon. Pr�cfud�a Iaf�itura of th� 8orroww'a inlK�at in lha Propaty or
<br /> oth�r materi�!imp�imNnt ot ths i'wn cna1�0 by ihl� S�writy k�skurnw�l or Landw'e :�cw�y fntara�t. 8onow��ha4�1so bo in .
<br /> . blNauil il Barow�t.d+uinq th�Iwn aPP���^Pf°�9.�v�nwi�"i''y Ws�°r 4uccurate InfomuHon a tl�l«n�nts ta 4wscia+(or __
<br /> tuibd iu p�ovid� Und+r with any m�iMW fntortnatton) in cau��cUon w�th th� ban �vid�nc�d bp th� Ffota. hc�udinp. Cut aot
<br /> Mnit�d to, rprN�r►t+�Uam ew�amhq Barrow�r'� occup�ncy of tM P�o{�Mty u � prk�cip�l nsid�ne�. Ii ihls S�eurily
<br /> Mstrumnnt ia on � Ioa�Nudd. 9orroww sha4 con�ply wGh W th�provislorss ol th� I�asa H Hortow�r a^,.quirw tN tiW tc ih�
<br /> propu+ty,the leasehold�nd thc fae iiib ah+q not n�'ga unk:s L��a �o����Y�o��t�cov�ru�nt��'+d�yr�nwMs
<br /> i. Protaction of t.�nd�r's Rlahts In th� Prop�rty. .� an� ��,d„r's rfQhis Fn ihe Pto�wiy
<br /> concainrxl tn tnb s.cwuy In�vum«,f. o. cnar•Is . Ipal w'oe.�d++fl �n•� r�y�+�+�'� -
<br /> (such ws+� proc�adln�in bankruPt�Y.P�ob�ts,for cond�mnattor+ or for(«tur� or W ontorco lawc or rapulaUo++s).th�rt Und�may
<br /> do wnd �y br wtwto�or Ls nacsssary to�xot�ci tho v:Jw o!tha P�ag�ty end Lender's rigt�ts in Ih�WopKty. L�n�'s aWons
<br /> m�y includ� MYh4 NY wms s�ctu�d by • ii�n wh{ch hat P�KY ov� thb S�cu+itY knstrum�nt, +WPwh9 h couA, P�Y�^9
<br /> roasonuUla sttom�ys' tNS and �nt�r�np on th� Praparty io rnqka ra�palrs.AlthouQh Lenda mny Uke sctlo+► undw ihla puapr�vh
<br /> 7,l.anda do�s not hava to do so.
<br /> qny anwuMa disbursad by L�nder unoar paraOnPh 7 shall b�come �dditlonal d�bt o1 Bortoww secursd by thls Sacurity
<br /> Insuumont. Ur►I�sa Bortowu an� L�ndr aqre� to othe► t� al piym�nl. thas� �+nounts shaU beu intr�st from tha dat� ol
<br /> dislwrspment st the Note nts and shaY b�payable,wdh(ntwat,upon nedce kom Lender to Borrowr nqu�stfnp P+Ym�nt.
<br /> 8. �Rprtya�a Inauranc�. It Lend� raqukad matgage Insur�nce as � condiUa+ 01 makfng the loan secured by ihls
<br /> Secu�ty Instrumenl, Borrowx shaU pay tha pr�niums requ4�d to msintl�M�th�maR4tga insurnnce in�fl�ct. It.for any reason.thQ
<br /> mortgeAe En••M•n.�w oov�raw nqu'r�d by Lender t+Psas or cws�s to be in �N�ct. Bartoww shall pay th�promiuma raquUod to
<br /> ob;ain Cav�aye wbstantiaYy equival�nt to tha mortgage insurence prwbusy fn �ttect, at a cost subsWnti:Yy equlvatent to thQ
<br /> cost tn 6ortowe► of th� mortgaye hsurance previousiy In ettect, hom an aqKnat� mortgage insunr opprov�d by Lender. ►1
<br /> wbsiantialty equiv+�en� mort9a9e fnsurana' coverage Is �ot avaitabla, Borrowr shall pay to Lendw a�ch month a sum equa�to
<br /> one-tw�IRh ot lhe yaar�r mortga9e k�+:rance Pre�nium Deing prid by Borrow�r wh�n tha insurance covera9a taPs�d a csas°d to
<br /> bo in eHact. Lendor.�it.accePt,usrr and ratain thesa paymw�ta�s a bss res�rv�fn Geu o1 mortyaye insurance. Loss resavo
<br /> paymrints may no Ions�K Se rWui►Qd, at the opUon ot L�r►d�r. H mort9+9a ins�r+^u covar+ge (in ths aawunt and ta th� priod
<br /> thal lemc4w nquins)prov{d�d by an 6nuuer approv�d by Lendw ag�in becomss ovailable u�d is obtained. Bortowv sAaA PaY
<br /> the p�em�ums required to msktitain mort4�9e insura^ce in a�°c�. a to provide a bss nserve, unC�the requifemet�t tu mortp�pe
<br /> insum�s:.e ends In accw�tnce wrth any wdtt�n ayranxnt b�twenn 8ortower�nd Lwsder ot appticaWs I�w.
<br /> S. (ifsp�ctEoaf.IL-�ndar w its ayant mny n+slc�rMa�n�!e estlrFa,t sFa'+a+�d�n$+'�Nc+ns of tha PropKty. 4ender shall�ive
<br /> Barawer r.otice ai the'tPma of or p�ior to an inspectlor►sp�citYin9 reasonable cu+s°tor tAs inspection•
<br /> 1Q. CdldYnftta�30t1.Tha proc�is of any awud or clakn tor dartwyes, direc!or consapuential, in co�n,�dion with any
<br /> condt4x�n�"Jan or other takiny o1 ar:y part of th� PropeRy. or tor conveyance{n 6eu o1 candmx;�n. are her�y atalgned and
<br /> shall b�pald to Lender.
<br /> In tho evont o1 � total takln4 a1 th• Property, the proceeds shaY be appked to the s.rza �ocured by thls S2a:tity
<br /> Insl�ument. wh�ther or not then due,with u�y excass pakl to Borrower. In the event o1• parh.�ii t�n9 0l the Rn�riy in Whkh
<br /> tne t�ir marfcet value ot cne Property timiedia:ey beion th�takln� is�qua1 to ar Qnaa�tx than �+a smount af s�s:;.�u sacured
<br /> by 1hls S�curity Inst�umwtit wnmedi�toly betore tM Wdng. unlas Borrow�r and ;4rmor eL'+et�ei� aprN (n v�9f�+�g, tht suma
<br /> tscu�wf by thls S�c�witY Instrum«:t s`,al ba reduced by the amaint ot the proc��c:s r+�.°�Ged by Me toNoww,�1tacUon: (s)the
<br /> tott4 an+oeu�t of the wms securod 'am�diatey betore the taklny.divkled bY (b)the Saa e�rP�et va'�01 tha Pto�ty nvnedi►ttt�
<br /> brAoro t�e wkJny.My bahnce slwl�Px peld to Bortowar. In the went of a partial taFh:,�ar tAs Property in which the tair rt�Ael
<br /> vt�:�o#1M R'op�rtY i�o�diatbY��the taklny is kss than tho amount ot the si:�s secured Imrndiotety 6etor�th�takin9�
<br /> unkss Bortoww and Lender othawis� agas fn w!iGny or unfas aPPWcsbta Iaw� r::J+�wise Provldaa� 1f� Dro�e�ds sh� b� .
<br /> �.�u..�«._�..b�..,�wnwri by this Sacwity Instrwnant wh�thw or rwt tha sums ar+e:t;�n due.
<br /> If fns P�opwty ic�dorsad Sy L''.rtowa.or il, efter notke by Undar to 9oirow�tT►�1 tfie-ean�aRra m7ers io-m.iw a��--- -
<br /> awiud or sattte a c1�Ln tor darna�t"�. 9onower tails to reapond to Lender wRhin 30 days �",.c�r tFw date the notla�tgiven.
<br /> Lender Is authaaed to eoqecl and apply the proceeds, at its optlon.�ilher to restontiort or re�,.vi► ot t!w Property
<br /> wms secured by thts Security Instn�ment.whwher or not then due. � of proceeda to principal shaU not axtand ot
<br /> UrJess L�ndar and Bonower otherwise ayree in wriUn�, anY aPP�
<br /> poalpon�the due dat�oi the rtw�thly payments reterted to In paragrAphs 1 and 2 w chanqe the amount ot sucA pryments.
<br /> 11. Borrowar Not R�faas�d; Forbsarance By Lotulor Not a Waivar.Extenston of the wna tu payrn�►c or
<br /> mpdi�ca�c►n of artwrtaaUon of the w.�s securad by this S�cutily InsVumant gwnted Dy Lendx to any succecso► In tntarest oi
<br /> Batraa�c sMN not operstQ to ni�a ttw liabiry of the ori9inat Bortowet or Borrowar's successors ln int�nst. Lender shall not
<br /> ba rsquirM to :� proce�'n95 aSW�at any succe�sa in interest or rcius�So wctend ti+:� fa payrnent or othawise
<br /> mudify�t1a► cP Cba surtw c�cund by this S�:rdy Instnvner►t Dy nason ot any deirand m�de by th�oriyinal BoROwor or
<br /> 6amo,rw�'s succes�ors in int�rssL Any inrb�vanar by Lender in aerobiny any ripht or rert�edy shar not 6s a waiv� of or
<br /> pl,odicls ths eocrciss of any�ight or r.en�cly.
<br /> t�. SuCG�ssas and As��ts Bound; JolM and Savual Uability; Casl�n�rs. The cov«w�ta and
<br /> s�gr�artients of thla S�eurilY Instrumont shaY binrJ and ben�id the successors ar�assigns of Lendet and Bortowar.suEJact to th�
<br /> provislo�s af para�ph 17. Barowa''s covenanta x�aSXean�nts shaN ba loktt and sevral. My Bortow�r who co-s�gr►a thls
<br /> � �..ecwity Instrument but doea not e�cute the Nota (a)i�cas�pniny th�s sea,ray tnsaum.nt ony to moaqspe.yrant•na convey
<br /> tlwt BorrowK s tntercst k� the Pro�rarty u�der the terms of thia S+curihr lnstrwn�r►i: (b) b no1 P�rsa+uNY ���to pay tha
<br /> aums sacured by tnis SecuritY ins:ument: and(cj aqr�es ttwt Landa�nd any other Bortower may ayree to �octM�d.modity.
<br /> fort�enr or make any a�z � resard to the terms of tNs Secu►i2y tnsUUment or tha Note withou2 that Bortoweis
<br /> :concent.
<br /> 13. LOi1f CI1ir$��. It the (oin sxxired by thts securiey�►suumwsc r� sub�eci to a taw wtaon s.es m�xJnwm ban
<br /> chuq�s. and that hw ia Fr►atly interpreted so that the interast or other ban charqes coYectecl a to ba colt�cted h connection
<br /> '�y�I�n �xceed tho p�te.�I�. th�n: (a)�ny such bap charrga shaN bo reduced by the�urwunt necesrary to rtduce
<br /> the charyr to the p�rmittsd Ynr�; r�:d ;b) �ny sums akeady coltected hom Borrowx which excecd�d Permitt�d Ynwts wid.b�
<br /> retunded to Bortower. Lendar mey�'�oose to m�ke thls retund 6y reducing the prindpal awect under the Note a by making a
<br /> _ ; d;�ect �ayrnent to Bcrrowar. ff a'retund reduoe� Principd, tha reducdon wilt he tteated a� �W►Ual PreWYc�nt without any
<br /> : P�oWY�t charge uEtcwr the Note.
<br /> 14. NoticYS.�K:.�notke to Bortower provided for in thls Seauity Inat�um�r;t sfuJl lse y�'�n by dekxerk'.q,f�c�by maiing it
<br /> � by fi►^�t dass ma31 unless s�ppWcab3<law requires uss ot another m�tsad. Tha rctT�sh:ll he dire�ad W.the Frcpeity Addncs
<br /> � or an�f other arldrass 6orrower d�s%9mtes by noUce to LenC�: �r:,� not�tlo Lender shr:C t2a ghrsn by twat cla�s m�d,to
<br /> � I,r•.s;d�'b address statad hereln cr any other address Lender Eeslgnut.as�y r:c�ee to Bortower. r,ny notiee prov'idad tar irs thls
<br /> ��,.ci.y tnstrwneni sh�9 be d�wned ta have been given to Bort�rNx:r Lender 1!:hen give�as provided in this paragraph. •
<br /> 15. GOVerntng L�MI; SavYraWtiiy. This Security Ir.�ument shiW be govamed by tederal law and ihe iaw of the
<br /> je;.isdictiorr in which lha Propaty is locs�ted. (n tha event that.a��y provislon or dwse ot this Securit}r lnsUummt or the Note
<br /> � eon�ts wRh app�cabla{�rv, such can�ict shaY not aHect oth�r�.��v)slons of this Seauily I�sVUment or the Note wfach can be
<br /> givan aHect withhoul the conAldiny provlsion.To thts md the p�risla►s ot this S9cwrty (natrurtwnt and the Nots an deciored to
<br /> . be severable.
<br /> ' 16. Bd'fowYr's Cvpy. BoROwar shaM 6e piven ona contomied coPY ot the Note and ot U►is Sacurity instrume�L
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