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' .. _—_- - �3't"yr.—___ — _ — <br /> P'3Yt�liA pl�+q0 1aWjCi�G TOQ{11Ctl4.st tf�opt{oa of Leesder. if awrt�aYe ia�unaoc a�var��tia ibe�us�uuat aad for tl�e periud <br /> � ��.Oii�ili' 1'�Uli'C�)PtOVIt1Gd�tt1�9tWCi�S'OYld by L.GO�ti lI�iZY1�1CW1��YIIII�DIC�(ItI Ii Obi�A�O�.��NWq'ihi�I PaY <br /> tba pra�Numa�{ulred ta ma+aatn mo�rtgaEe iaturuxe ia effoct.or to prnvide a lau rr�en•�.w�lp tbe requlrea�en�t fcr moitQnge <br /> tuwraaaa enciu in r.00rd�aoe with aqy writtea�neannu bttwera Barrow�er�od I.eader or�pplic+�ble law. <br /> 4.�ue��:.'+6�. l,endet ot itt�tut m�y make rwoo�bi�eaWea u,�wa wd iaNpe�ic�w af thc Pr+openy. l.eardor sLall�ive <br /> Burmwor aotir.a at tJse time of or prior to sa iaspoctloa sp�cltyia�nuo�ble c�use for tLe iaYpectic�. �• <br /> 10. C+�t�eL�m�doa.'�'ht procoe�dt of aay aw�rd or cJaim for dua�a. direct or oouuquwti�l. i��twra wtt��ay � <br /> oondvmna�Jon or ot�ex talcic�of�uy pa�t ot'the Property.or fix coaveyuwe in iku of H+�ss��M,, ua 6a�eby usi�uod�od <br /> shall 6a p�id Oo I.e�der. <br /> L�tbe cveat of a toW takl�g of the Propeny,the prooeeds ahaU be appliod to the wut�cccurod by thia Sa.�urity Iauruma�t.� <br /> wbatbec w not tbea due.wit�aqy e:cess paid ta Bortower. ia th�eveat of a putl�l t�icing of tt►e Pmperty in whlc2�the fair <br /> wardcet v�1ue of the Propat�iauuedlatrly befoce tDe tslciq�is equ�l to or�rater tt�a ttu uuouat of tLe wuu secured by . <br /> Sncurit,r Lutcumeat ima�odiatefy before the taklt�.ualess Bormwer ud l,oader oth�.rwise+�rae in writL�.tl�e wmt aocurad <br /> thin S�.�uriry Inttrumeat sdall b� ceduroed by the iawuat of tt2ie proceeds muldplied by tLe followiag fraciion: (a) tbe <br /> smmuu of the wms secuted immediattly btfoet the blcit�. divlded bY(b)the fair mulut value of the Propetty immodi�lY <br /> bafure the Wcin�. Any 6�lauoe ch�ll be paid to Boimww. Ia the eveat of a puti�l u1clr� of tlse Pmoputy ia whk�tbe fiir <br /> marYet value of the ProQaty imcaedLtely befoc+e ttye Wdng is ku tL�tbe araouat of the swn�iecurod imm4dl�tc�y befoe+e the <br /> Wcing,unleu Botrower�od l.eadtr at2rerwise�reo 9a wrlti�g oc tsnks��pplicabk Isw otLetvriac pravkiw. the piucoocls shall <br /> be appliod w the aua�iocured by tLit SSaccurlty Iauiummt wbet�er or nai tbe wm�ue t�m due. <br /> U tbe PmQerty is al�oiboed by Bormwer�or if.�Ru notice by l..eader w Borrower thai the ooucfemnar o�fa�►u�r�:a <br /> award or ratle a claim for dim�e�, Horrow�er fiiils ta respood w l�eader aiYhia 30 da}n afta tlie date the notice i��ivea. <br /> Laxler is wthoriaed to oolba aod apply tbc pra000d�.at ita op8on.either ta ceacor�tlon or t+ep�ir uf tbe Property or to tbe w� <br /> xcured b�"thit Sectiu'itY Instiumatt.whcti�et oar aot sbea due. <br /> i3mTic� l.ea�kr md 8�orc+oarr oc�heraise+�'x ia writia8, rnnY �PPI�� �f P�� P�tball not exatcr�or <br /> poapone u�e due date of tba monthly B>ayments irfared to in pu�t�phs 1 and 2 or chaa�tbe�soount of ach p�ymedt:. <br /> 12.Bor�wa�Nd ltdea�d:F�rbau�ce By I.eader Nut�a�i.ee.�'uuenoiaa oY�r�ime for paymwt or modi8catio�n <br /> of amo�ado�n of the sumi�ecurod by this Soauity 1�Rrumeat�r�.�'l�ianr,�er w aay su�xs�or in iw�t of Ba�nwer sh�ll <br /> not opaae to relea:e the liability of the origiosl Boarawer ar S„i.-ratux's su�uet4ors in iat.�assa.3,.�ad�r s^�;�G not bt required to <br /> �P�Y�AY+iau aay woees�or in iat�reu or reEirse�a a�dme for pay�mrmt ar ratbes�►sse modify m�oKiz�oa <br /> oP tLe �me �ocus�od by this Socur�cy Ia�tnimeot by reawn of�y deasan3 made by t� acep�0 S��+ew�er or Boao�ver's <br /> wooe�raos Ba iataest.My farbear:aoe tsy LmtMr in e:e:r�siot anY ri�ht ar ae�aod,y th�ll not be a M�u�es of or pt+eclude tbt <br /> " �a�es+ci�e�i'any ri�t ar remedy. <br /> � �Z. Saccra�ors�ad A�1� Bv�di Jolrt a�d �ere�sl Liabiiity� C,o�as. 'ihe oovea�nis�ad�gtoe�meats of this <br />- Saaulty in�tn�mmt �hall biod and beocfit tL¢a�aoe»ors aod auijns of I�eoder �ad Bomow�er, wbjoct w the provlt+ooi of <br />`_ p�e�pi� 17. Bodro�rex's covemaci aad� �Il be jcint aod sevaal. Aay Hormw�es wl�o oo-sitar this Seauity <br /> s 1mt:ummt but dat not exc+aue tbe Nate:(+iJ it ao�s#jni�tni+5eauiry Iourummt o013►to mat�e. �mt md oonvey th�t <br />= Hos�xrr's iaoa�eu ia tbe Prope:ty uada tLe taym of thL Seau�iry Ia�trnm�at:(b)is aot Penoasliy oblt�ted to F�q''the a�ms <br />:i� �a_._.��_a�_.__:.,._ �i�����a.�.• J�.�J.�....��D �w w�wAi*u /h�hwrer. <br /> –'.—ipWi{7Y H��LW"OOWa�tr�lvitYYwi��(vlR�wNrt awrw��-��vrw��.�'Zv�'wr+w��� w.v� �s•,•�••�••--�–� --... <br /> mdce�oy a000mmod�t�om wdtb rqrtd to tbe termr Of this Sa�auity imttumau or tbe Nooe witLoiu t�t Borro�ver'f ooareot. <br /> � 13.l.or C1�'ier.If tbe ban�owrad by this Security Ia�umeat i�wbject to�law whicb�ets maximum lo�c�t�es, <br /> aod I�t ta�v 1�tla�Uy�aeerp�+etod�o th�t tbe ioterat or otber bm char�a oollected a w be oollated ia oomxtlon wit6 tbe <br /> ian e�r�caed tbe primiqced 1ia�ts.tl�an. W�aY wc�lor►c�tYe shtU be reduoed by t�e amouot aeoeswry to todux tbe ciw�e <br /> � a me pamisted timic;aod(b)any►wm+al:rady cotlectea from samw�er.vhicb e�a+eded pamiued 1�w;u be ndl�odmd w <br /> :� Hocro�er. L,eoaei mny dioo�e w malcc ce;s reruaa by roduc�nt tLe priaciQal oMea ua�w� Wote or by m.laas a ai�ax . <br /> ptymeot w Bore�e�ra. If a refund roduoea priaciptl. the radvctio� wiU be tr�e�ted s a psttLl picc�ymmt witbo�t +�4► <br /> +; pe+ep�ymr�t�r�e tmdec the No1o. <br /> � 14.Notle�.Aay notioe w HoRO�er ps�ovided for ia d�is Sec�rlty taucumeat t6aU be�iv�ea by ddiv�aiq=it ar bY��f <br /> ` it by 5t�t cLr m�il uoiaa appiicabk 4x requirrs nse of aoot�mabod.The notioe�Il be di�+ecoed to the Pmpe�ty A+dd�as <br /> i er any other addras Ho�rowa desi�by ootioe w I.eader. A�r notic�e to Learle� rball be �pv�b�► fir�t d�t mtil to <br /> -6 i.eodes's addrtt��tated ba+ein ot ady otba add�a Leaxkr dai�tes by notia w HonorMes.My notioe provided far in tbis <br /> � Secarity bottcomeat�h�ll be da�mod to 6sve beea�ivea to Haro�rrr or I.�eader whm sivea as provjde3 in�is p�a,�h. <br /> 1S.Gaer� Law; Se�aabWtr. Tbis Seauity I�uume�e s�l be �ove�ed by feder�l l�ar+ �d ti�e Ia�v of t�e <br /> � jurisdic�ion in Mhich the P�ecty it Wcated.1n the eveat tlat my pravi:ioa or c1�e of t1�is Seauity Imtmmeot ae tbe Nos,e <br /> 000�cts�sitb appii�cabie law►,wcb 000flict�U noi a�ea otber panvisiocs of tbis Saauity tas�u�meat a tl�e Nate whic�c�n be <br /> � pvm c,i�t wit�out the oonSiain�pmvision.To tLi:ead tbe pr�v�ioas of this Saauity tastrummt aod tbe Nde�decLrod <br /> � to be�neier�bk. <br /> '. li.lart+awee'�Cop�p.Boai+aw�es ahaU be Yivw ooe 000tamed oopy of tbe Note amd of ttis Sax�ity TimtNmeat. <br /> �, ;: Faw 3o2i <br /> t• �-MpiF�aa�ba� rwaaa <br /> i �,' <br /> -i <br /> _j. <br />