w� ... ., y•11r:.';:r�r��ara. • � . , ��- -_ __e� . . . .__. _ .__._-'_ _. .__- ..-_'._"__
<br /> JI� .M� F�[`� _.�r�I�
<br /> � .�_..��..��e��ka�..n..� .
<br /> r.'��»�1
<br /> i n .l � �
<br /> ....1i��__—.--._.--__�^---_ .--_.... .
<br /> . -r—..- ___- -
<br /> - _ -__ .�L�.._.. - __ _— ----"—
<br /> � Hcxrowax m+�y aire a;ir.h A �ixl�u!! hnd ihlnRlale, h+ pcuNldK�1 I:� pe�spr�µN 1B, by r,NUSIn� Ihs rdlon or pracercMnp tn bn
<br /> ' d!��7lsaad wtth a�ruWig Ihel,Ifl I r�1�1�'Y(1 n0Ell1 Ifl;ill II�If!11111liNilOfl, �3rr.riudr,s fnrtr.ltura nf titn Flnrrnwnt'n kd*r�st In the Nrnperty or
<br /> olhlv m�lwM►1 Em{�Mrr�ettl nl ihd N�ni r,r�i�1 by Ihlx Hacudty I�intiumwil ur I.triidar'a enciuily Irtitaest. fSonuwer eheN aleo be►In
<br /> c9N�uit ff Borrow�r,dur4�tq Ihe lu�n�ppllcwtlun �iocna�, �nve+ nu�l��9y I�lee or InNneunta inlmmetian or sl�ttmieniN tu lender(r,r
<br /> lMY�d to provid� I;�ncNe wllh �ny rrMtNi�l Intu+m�f{un) in aunnrallon wHh Iha laan e�lkienced by ihe Not�. Irttlutlinti, hut nnt
<br /> Nn►iloA to, nprefMitetlons conceminn �onnwK'R nccup�nay ot thr Piopmty «s � prkfr,t{ral reeklence. If �hls 3�►au�ly�
<br /> Initrum�nt I� on � IM��hdd. Borruwer �h�11 comply wilh �M th� prnvblon• o! Ih� le�t�. II 8uraw�r �r,qulra� �J�e IINe to IhA
<br /> PropKty,th�Iwtirhaid�nd th�IN tI1M e��M not m�tp�unNea Lend�r�prM+M to fh�mxpar In wr!tfnp.
<br /> �e �Rl^.'ZC�3�QT! @� �!`34G�Cf�Q ���hM In e�t� E�rer��;+. If flOf�c�Ylrt' t•M� (n rr►Inrm Ihn r.nvm�ntn rnd nnrermr.nty
<br /> cont�k��d k► t�{e S�ourUy Mstrumml, a th�n i�� lr�l procNdkiQ th�t may slgnl�canNy �fl�ct L�ndnr'e riphts In the PropeHy �ri•
<br /> (auch at a proc�adfng In bankruptcy, probati, Ya cnndNnnipon or IortNlur�ar to entorco kw� a rsgulntlane), th�n Lender m�y
<br /> do�n�pay tor wlu�te+ra la naco�aaryr to protacl fh�valu�of lha Property �nd I.endar'e Hqhts k►ths Proportyi. Uendab�ctinne
<br /> m�y k�dude p�ylnp �ny auma s�curaid by � fim wh�h haa priority ov� this S�xniry In�trument, �ppe�riny In coud, paytnq
<br /> raeon�6ie�riomeya' le�s�nd entainq on the PropeHy to rn�k� re{�+�ka.AKhouyh Lsnd�r rray t�ks �cllon under thi� p�npreph
<br /> 7,l,�ncler does no1 h�+re to da so. �
<br /> Any nmaunl� d.�+ burscd �y Len�er undtr Fuagtaph 7 shaN becama adcitllonal debt ot Be�ruwn ecMured by lhle Sscudry•
<br /> Instrum�nt. Unkas Bnrtowx and Lender a�as to other terma oi p�ymsnt, th�ae�mounis nh�ll bs�r�itasat hom the dnta o!
<br /> dlsbtw��n�nt�t th� Nol�r�te�nd sf►�N be p�y�ble, wNh interest,upon notice tram Lender to Borrowa requesting pryment.
<br /> 6. MOrtgay� InsllranC�. N I.ender cequked mortg�ga insurance as a condillon o} msklny the lata► sxurod byr this
<br /> Securily Instniment, Bortow�r ah�ll pay the premMims nquked to crMlntaln the mortgage Inaunnce{n ellect. H,lor�ny r�son, the
<br /> matqa9e Inwn�nc�covKaye requlred by leniia�Ypaes a ceeses fa be in sf(ect, 8orrower shaM pay lhe pr�r�iums nquked to
<br /> oblaln covKapt subst�nti�Ny equWala�t to the morty�Qe hsumoa prevfouay in eff�ct, at �cosl aubstanHYy �quhrabnt to ths
<br /> co�t to Barowa of tM mat�Ae inwru►a prwlousy in eNect, kam an �Itemat� mort�pe Insura�►roved by Lendx. M
<br /> suba�ntl�ly pukatent morty�ye k�wrnnce covanpe Is not wawbtc� lfarrower sheM pay to I.a�da e�ch month a sum puai to
<br /> on�tw�Nth of th�ywy mortgpe Insw�nca premlum b�iny pyd by Borrowcr wh�n th�insur+inu cov�Yps�d or cwa�d to
<br /> b�In aNeet. Lsn�w# eees�t, uas and retain these payments �e a bsa reeerve in Aeu ol morty�y�insumce. lws naexv�
<br /> payrn�nta may no latiga ba roquked,�t Ihe optbn of lender,B mortg�ps Insurance eovany� (In the rnount�nd for the pc�iod
<br /> th�t l�ndw►puk�s) ProvW�f M��n fnsurer wpproved by L.onA�r�In becortNS�v�NnW�s and is obtaln�d. BurtowK shw p�y
<br /> the p�nr►�kHna isquked to m�kd��n matg�qe Inaumu fn elfed,or to provlde a lass rcr�cxve, until th�roqukemexd ta mortgnpe
<br /> insuwnce�nd�in aocordir�ce wNh�ny wrNt�n aQ�nmt batwsen 8o+rowa and landar ar��pp�,�i+kw.
<br /> 9. Intp�lon.Lender or ila apent nry m�k�ra�sonabk enMea upon and Innper.liq�ts a!th�Prop�ty. �entix sh�N QHe
<br /> @ortovru notia at the t(rtM of or prlo►to�n(nspec�ian apsdfyk�y re�eonabb caua�tor,the Inspectlo�.
<br /> 10. COS1et�tnnAtEot1. Th�proee�fs of any wr�+d or eMkn fa d�rrwi�. dked av cansequenlMl, b r.ann�lai wNh any
<br /> cund�rt►n�rbn or othar qWiy ot�ny p�wt�f ihe Ropaty, w fa canvey�nce In Neu of tw+xcle�mation,�re herol�y�safpned and
<br /> shall tra pafd to lander.
<br /> In tha event o1 s toW fr�cln� of the PropMx the Wnoeeda ahaY be �ppNed ta•fhe sums a�aar�d bY thfs Sec.rxib
<br /> Inttnxnait.wh�thx a not then dus.with any exceas pald tw 6ormwa. In ihe ev�nt of.�qrthl Wdny o/the Propsrty in wMich
<br /> th�TNr nwkM v�lue of th� Proparry k�xna�N�tey bofam lhe tiJdnq Is eaW to or yranttt fl�n the anwunt of ah�o sums s�aw�d
<br /> by thfa S�wrNy Inatnxn�M knnedhtely balora 1he t�kN�y, unkas Bortower �nd lender.oth+�wlsa �yres In �w'rHhy, the aume
<br /> anarred by thb SeauNy�nstnxrienl shap be rsduood'by the amcwnt of tha proceMts m�tf�Nied by th�lowawk►0•'httlon' (�3 tht
<br /> toql Mmcxml 01 the sums s�curod knns�taPy beiors the Wsi.�g� divlded bY(b) It►+f�k mp�lc�l whuiq ol thn Ro�ry imn�Mly ,
<br /> befuro ?t�4 taidny.My ba4noe sht�1 be pald to 9arower.In the event ot��~".::{S::dn�G�i tho^—..pa-ty Li�h�h the lalr r.�a��;at
<br /> vaA� �rf_1Ae Rop�ty inrnalMtdy bdore the Wkirg ls less lh�n the urau�t of th�s�nna �scured Nm�JMtrBy t,�elon the W�ii�Q,
<br /> ur.Mss Borru�wer �nd' Under othe�wise �qne in wriMrtg.or ur�lesa app`c�We I�w otMvvrk� providea, the �inc�.e�+de shar b�
<br /> �to the eu►��.;�licured bY this Seaxky Inshxnint whnlfix«not ine sume w+thta dua. '
<br />_ M.I�ro WoPaIY'i��Mmdon�d by BarowK. a H.•eha notloe by L+ndx fo BamwK�f►,at the oa►ckmnbr o!!en W m�k�n
<br /> aw�rd:or'settle a d�kr: for d�rneges. Barc►wer f� ta r�spond to lender wkNln 36 ds�ya ailcrr.lh� d�te ths �oqw fa ylwn,
<br /> L�nclw i� authai=ed !o oWwt w►d�ly the prooeeds. �t its option, elther to rcatorodin�r a►aF�nir.o!Me PropeAy o�to the
<br /> . a�une� a�txrnd by t!�Ssa�ity InstrunMnt wf�etl�er a not then dua. '
<br /> UnNse Lmder and 6«rnw� othawfaa ayree in wrNing, �ny �pp�cNlon M p�+crcaed� to p�inc�M �ha11 not �at�►d or
<br />� p�o�q�e th�due dete of th�mo�thy p�yrrnnta Mated to Fn pxnynphs 1 �nd 2 er c4wnpe the M»ount of eueh p�yn�x.
<br />� 11. Borrow��Hd R�s�d; Foe��rancs By L�nd�r Not a W�w.E�a.naion a th.tlrne tor p.yn�a o�
<br />� rraa�k:enfon d.maf�Abn a a�e aums e.ared ey cnit sswrky Inth�t pr�nMa�ty.l.�ndr.3�.�r►y succasor k►r�ar�a:of
<br /> ` �aitiWinr;shM not opwah to nN�a 1ba II�blity of tlie aiyinal�romowar or B«rowenls�uoarro►a In iA�wt. I.+ndrr sh�N+riot �.
<br /> b� n��iYr�d to � flraxdr►9s �pvn�t rfy sucoaissor in int�nst a rMuoR tC� exfw►d tirn� ior p�yment 6r othuwls�
<br /> o�odly�rnortlz�ion,�'t,ihs wms eeai►a3 by this Snawlty Instrument by naaan a3 w�y,+cia►�►�mMde by th�oriplr►�e4xr�ow�or
<br /> 8timoww's wcaaaori b iMaroat. My Iabwnu+oc by lenda In exercfaing sny iiqM:rx nrtady sh�N not be a w�lv�r at or
<br /> pt�cM�c�M th��cip o(�y ri�ht a romecly. -
<br /> 12. Siwe�s and Assl�ni 9ound: Jolnt �wtd 5�wra1 L.iablllly; �p+�tignros. fie covww�ts and
<br />, �ts d tbb 3�anily Mstnxnwtt sh�M bind�nd ban�At the suxesaaa�nc6 xs�iQns af i�ri:(�r�wW Bomaw�,wbJat�to tl+�
<br />� ao�t.ia,s a�.�r.Nn ir. �.�'s Cova+wnls end +�yroenMr�ts ahaM ba�oirM;r�?sxv�f. '11t1y �on�1v�'�ho co-slqns thh '.
<br /> . .� S�ou►!ty InstnMn�nt but does�wt exearte the No!te: (a�is co-alqninp this Secu�ly�?n3hrxt�ent ony to mortSiA9�;'.lt�rd and oonray
<br /> '4 ttwt Banow�rb intenat in Me PropMty undor ihe tenm ot this Sscurity Inshumonh (b) b not perr�onMNy akiltD�ted to qy the
<br /> = aums a�awsd by this 3saxityr Inatrum�nt: ond(a)ayrees thart Lender�nd any ottar Bartower m�y ayese!ta eodsn�,maciily,
<br />; H�bRtlr a mra �ny �ccarw�od�tions wilR re�rd to the terme of thfs Securily Imrinxnent or the Note rvkhout th�t Bo�r.�wer's
<br /> tc�t��ntiL.
<br /> �7�. LOMt Clts�y�It. H the ban secured by this Seamry InaWment Is a��bJect to a law whlch s�ts ma�drnan lo�n
<br /> ciwpes.�nd thai lev�i 4s fh�My Interpretc-0 sa tt�n fhd Interest or other{a�n ehu�r�e copecles! or to be co�iectwl in cannection
<br /> ' wNh ths loan exceorl the p�rt�itted limits,then: (a�nrcp auch loan charga shull+be trduced by tAe emount ner.cseay to rcduce
<br /> the ch�r�e to the wetmkted Nmlt; and(D) eny sums aMeady coMeeted irom garorrer whSch exceeded permktad Ikr�wiM bs
<br /> ; reftmded to Barower. Lender m�y choose ta m�ke thfs retund by reduclnp thu princ�J owed under tho Noto or by m�kinp a
<br /> diroct p��rKnt to Bortow�x. H A refund redu�es prinapal, the reducUon wYl be trrsted aa a �rtial prepaymont wMhout a►y
<br /> ��,.''� prep�yment cMrge under the Note.
<br /> , 14. NotiC�s.My�o1lce to 8orroxx provldnd 1w In thb Securtly Inattumnnt ahaN bo given by ddiverhp H or by rn�Wny R
<br /> bv�rst dass m�Y unless eimltrsl�le I�r rmulcas usw ot�n�*_�+••mrAnd. Th.e nafic. ehall 1�n.in.rtnd eu thn Prnn..n,enrr,...
<br /> - ., --, •-----
<br /> or any o1heP eddress Boerower deslgnates Cy notlae to Le�der. My noNeo to Leadcr sha11 be glven by Nrst daaa mW to
<br /> Lend�r's adckass atated hxaih or�ny other address Lentkr cles�ntt4s by noHCe to Borrower. Any notlee provldod tor In thy
<br /> Saarkyr Inatrument ehaM be�to have be�an pNen to Banower o►La�der wNan gNrn Ra provlcied In thla p�nyraph.
<br /> 15. ��ttmin� Law; �vsr�bllity. ThFs Svcurity InsWment ohep !rs povemnd by feder�law nnd shc; I�w of the
<br /> Jurisdfction in whlch the F�roperty la iocated. Fn tho event thtt teny provfslan or cle+�se o!thb Security Instrument or the lVote
<br /> canlMcZs�vlth �ppNcsble Qaw, cuch coniNct ehtlt nol aRect other provlslona o1 1Mn Security InsMument or the Noto whkh an be
<br /> gPren eff�ct wNhout the conllictk�g pro��Iston. 7o thb end the praviaions ot tAln Seraidty Inatnimant and thn Note aro deci�ncl to
<br /> bs aw��bi�. —
<br /> 16.Borrow�r'�Copy.Borrower sluq be given ono coniormed cnpy ot the Note+�nd of thts Security InsUumerst.
<br /> F1370.LMU f3/98) P.�pn 3 of 5
<br /> �ifi703
<br />
|