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<br /> � ,Borcow�r r��y curA euch � d�faul[ end rdnst�te, ae providad tn �graph 18, hy causiny ih� �ction or pt�oNdinp ia�+
<br /> dismfasi►d wfth �rulhg thnt,1� Lendev'e flaod faNh deterrninatlan,preckides toAeiture a1 ihe Bortnwa+'e Intereet k�th�Proparry rs�'
<br /> . alhel matarld impairme�t o1 tha pat cre�tad by ihls SecuAry Instniment or I.ender's aecudty interest. Borrower ahatl elso b�In
<br /> detau:t R Oonnh•er, di�ring thq loan eppllcatlon�racosa,�eve mAtettin�y IatsA oc Inaccurate intormatlon or et�temente to Lenda(or
<br /> ta'.'cd to provliio l<:ndcr 1vlth nny matcrinl Inform�tion! In connectlon Hith fhe loen ovidenced by tha Notu, Incladln�, hul nat �,
<br /> I'r.s�ited 40, representet;ons concaming Dorrower's occupancy o1 lhe Prepe�ty as a principal (9SIdN1CB. II t{119 Stau�ty
<br /> Inatrum�nt Is on� leas�hald, Borrowsr ehdl comply wrih RH the provlalone ot th� loase. II 8orr�wer acqukea fee tKle to Ihe
<br /> Property,iha IM��hdd am�Iht be tlHo shMN not mnrQ�unlsss Lendsr�gnee to ih�ma9�r In writln�•
<br /> T. Prut��tl�n of Le�dar'f RIpMe In th�! Proprrty.i1 BoROwer tnNa to palorm the coven�nte end Nyrenmanta
<br /> cont�fned Y� thle 9ecurityr In�trum�nt, or th�� b � 1�1 procNdi�ly that may olpnFllc�ntly �(faot Lender'o �,hts In the Propaty
<br /> (such e� n pr�ceacUnp in han3cruptcy, prob�te,(or condannatton or(orteltura ar to oniorce Iswe ar regul�lbne),then Lenclhr may
<br /> do�nd pey ior wDuul:vsr la �wcc:;a.�y ta Wrotcc!thn vc!ue of tho Pro�erty rnd l.rnder'e rlr�hta In the Prope�ty. l.ender'e adlon� ,
<br /> rru�y {ndude paying om/ �uma aecurod by � Ilon which haa piiority over thla Secudty Inntrumenl, �ppearing In coud, prylnp
<br /> reaeon�bk attom�ya'tte�s and enterin�on the Property to meks repalra.Althcugh I.a�der m�y t�ka �ction under thin p�r�pnpfi �
<br /> 7, Lender doe�s no!havs to do en.
<br /> Any �mounts cYsbursed by Lender under p�ro�ph 7 sh�M becc+me addiUonal debt of Borrower aecurecf by thla Sacurfy
<br /> Instrument. l7nleea Borrower and Lendar �Qrea to olher tetms of paymant, these amounts eheY be�r Inteteat from the d�te at
<br /> d{sburaert�ent �t th�Not�rat��nd eM�M b�pay�bie,wlth 6iterest, upon noQce from Lender to BoROwer requestkip pAyment. �
<br /> g. Nl�t�g� tttiur�lrlC�. ti Le�id�x �aqu►�nd martga9a Insuranco oa a conditlon o1 mnkinfl ihe lorn secured by this
<br /> S�eurity Insr�►t,Borrower eh�M P�Y the prMr►iuma requked to m�k�taln th�mortqafle fnsur�nca fn ettect. If,1or nny reesnn,th�
<br /> maty�ge Insuruiae cowraye requlred by L�der lapaes or cases to he In ettsct. Borrowar sholl pay the prerniuma requked ta
<br /> ohtain coverage aubstanUalry equhralent to Ihe m�rtgage Insurnnce prevlousiy fn eflect, at e cost substantlaly nquivalent to the
<br /> cost to Bonower of the mArtgage Msurance previousy tn eHect, hom an sRemate mortgaga Insurer epproved by Lender• !1 �
<br /> aubstanWJly equlvakM mnrt9+A� lnsurence c�verage la not avaNeble, Bortower shalt pay to Lender eech month a sum equd to
<br /> ono-tweitth oi Mt yerrfy moRy�gs insunnce premfum being pakl by Bortower when tho k►suruice coveraye ppaed or ceased to
<br /> be h effac4 Lendtr wfM acaept, uae and ret+iki these payments as a lass reserve In fleu o7 mortgaqe Insunnoo. toas reaerve
<br /> paymente rcu�y no fonger be requked, at the opllon of.lender,N mortg+�ge lnsurnnce cov�ge(in the�mounl w��d Oa•t�e p:�-iad —
<br /> that lerider requlna�) provldad by�n Insurer approved by Lander ay�in becomes rvaUsblo and ts obtalned. Bormwer shY pey
<br /> the prernlumn requked to msintafn mortgaga fnsuranae In eflecl, or to provide a bss�eeerve,Nrilll the requkement for morlgiq�
<br /> Insur+nce e�ds In accordance wHh any wririen agreement batween BoROwer wad lender or eppWcabk law.
<br /> � 9. In�CtiOn. Lander or Ita �gent m�y m�k�rs�aonable e�Uiea upon�nd Inspectlone of tho Roparty- Lend�r sh�l piv�
<br /> � Barower nollr.e at the tkne of or ptior tu an Inepeclton specifying re�sonable cRUae tor the inspacNon.
<br /> ''I�D. Cand�mtladoll.Th�proceeda of any awiud or drGn fa d�m�yes. dk�et or conspuenti�l� in conn�ctlo�wMh any
<br /> rnride�mhaUon a olhK takkiy of �ny part oi the Propetty, or for aonveyance fn M�u of condemn�tla�, w hxeby astipr►�1�nd
<br /> shatl be p�fd to Lsnder.
<br /> In ths �v�nt of a toW Wdny of the Pmpei7yr, ihe proceesis sfw11 be �pplied to ths sums escured by this S�curHy
<br /> tnstrum�nt,whett►ar or not then dus,wilh any excosa paW to BoROwar. In 4tse�rent of a putlrl t�kkig o!the Propaty in whk�h
<br /> the t�l►mar{cet v�fue o}the Roperty immedN�tely aefare thm takfng Is equal to'or grs�ter th�n tha amount ol the �tu�m s�curod ,.�;.:'
<br /> tr;!� �ssiTj !.^.�r±r.!!�!*_ !n±n!!�!�.toh� heforo U�e tikina. unksa 8orrower end Lenda othqrwise �yroe In writk�y, the a�xru �
<br /> secund by thla Sewrtty InsWmait sheN be roducod by the emount of the prooeade mukipMed bY the fofowhy0 fn�c�on: Ul��
<br /> :,'.� tot�i+wnount of ltk aums secured ImmedlMey 6efore tha t�ldny, dhrided by (b)the fak m�ic�f�v�fue of tha Propwty Mrim�dKdY
<br /> bNoro tlie takkig. Any bdnnce shaN be p�fd to F+a�+rawer. In the svont of�partial Wkinp of ihe Propaty ki whicf►th�i�r mr1c�
<br /> ,, v�lua af tha Rro�ae�ty A�l'rtdY betoro the tak3n�p 2s'tesa tMm the emount of th6 suma aeeurod kixnedistaty..(ticlo�'a 1hs Wdny,
<br /> uMesa Borruwx.�nd Lend�r otherwise �groq ip ��vMiny a uniesa applk'.abl�;law oth�ndee pro�fidea. tlie.�iruc�ds slul bo
<br /> appAeA to th�sum�sscurocl by thfs Security Inarltument whetha�pT not the suMi6 are then due. ��
<br /> H t�e PropKty Is �b�ndoned py Borrower, or M, eRu notico by l.ender to Borrawer tt�t the condemnor otfera to mtike �u►
<br /> �:. �w�d or adtle a C�fm for d�maQes, Borrower�alta to rcspon�}'tn Lend�+r wftf�t► 30 daYs��a the d�Re th. n�tia is ylvan,
<br /> , Lender {y eud�orixed ta caNect �nd apply the �,�aAeeds, at ka opUon, alth�r 4o re�toraYon or �ap�fr ot the PrepKty ar Io�i1M • „•�,
<br /> � � auma�scund by tMs Security Inshument,whether ar not then dus. ' • ' r�`��`'`
<br /> . Uniaes lend�r �nd Bortorvst..qthawlae sgree In wridny, �ny �ppqcation ct Froceecie,to princip�l etwfi not sxt�nd a ,�.�,�
<br /> '''.' , pr»1�wnt th.e due d�te ot the mnnlhty paymentti rMe�red to In p�ng►aphs 1 and 2 a ch�n�o,�lhe•+u►�nt ot�udi Wym�eMs,.i ,
<br /> 11�9araw�r NaR Re1�si�d; Forb�srsncs By L.�r�d�r Not •W�hnr.EKi�ebn of th�dms ior paymmt ar
<br /> . mo�Roetion o!anwrtizallon oi the sums secur�d by thla SecurNy In�trument gnnted by l.ender to e�y succassor In tntc�ntr! ol
<br /> E;wrower shnA not operets to roloeae the IlabiO��j,.af the origku�l BaTOwa or 8ortower's successors in.�.aoat. Lendrr a1wM not
<br /> be required to cantr+�nce procetidkige eg�haj•�,�rn�l successor in Interost or,�4fuse to adand Un» for peym+nt or ath�rwi�
<br /> modiy amwlixatlon of the sums secured hy thfs�eauUy Inawrna�t by reaaon OI sny der�+�nd m�d�by the orlyind&xrower a ;,,,�;
<br /> BorrowMr'a auccs�sors fn interost. My forbe�ance by L�ender•�n exxdsinp any iiyht or rem�dy ehdl not b� a w�iver oi or
<br /> pnckid�the��rdae of any ti�ht or ranedy. �
<br /> 12. 5ucc��ors �nd MsiQns Boury,d; Joint and S�v�r�l i,lability; Casipn�rs.'fhe �or�nonro ana
<br /> �yreenwnts of thFe Security InatnHrwx►t ah�bin�i a�rid bendit the wc+�taora�nJ aa�{pns ol LendK�nd Barowar. subj+id to ihs �`'.'.,'
<br /> provbion� d par+praph 17. Qortowx�6 COY�tAh19 atld�QfOEfIN1113�tlh�N �p Jom1�nnd sev�nJ. My Borrowsr who oo-slpn thb
<br /> Ssa�ity(nst�ument but does not ex�ute the Nota: (�)b co-afgniny thb 3ecutMy Inshuma�t nnty to morty�q�,�nt�nd oonvey � „
<br /> tt+�t gorrow�rb fnt�net in the Proparty undor tha temro of thls Security InnLrument; (b) is�not paaona�y ol�ly�trd to p�y th�
<br /> sumn s�cut'�d by lhla Seaurityt InsUumenN �nd (o) aprees Qhat Ldnder nnd�ny other Borrower may�qroe to �xtend,modMyr,
<br /> }o�b�r or meke �ny accommodaUons with ragai�i to the tcxma o}this Secufiy fnstrument or tha Not� wNhout tFu�t BortoNrar'e
<br /> conaent. �
<br /> 13. LOM� ahafA�s. If the loen aecurod by ihis Security Inst►ument le sub}ect to a law whlch eets n�xknum fwn
<br /> chergea,�d thr+t kw le tin�qy interpreted so that the interest or olher loui cher9ea cotlected or to be coNeoted in conn�ctlon ,
<br /> wfth tha loan exceed the permitted Nmits,then: (e)any such loan cha►ga shaN be roduced by the amount necess�ry to reduce.
<br /> the ohar� to the percnitted Ihnit; end (b) any sums ekeedy coNected from Borrower whlch exceedeci pamitted�Nnwta wiM be
<br /> � • rehmded to Bamwer. Lender r,ay choose tu msilte tMs rslu�d by roducing the princlp,al owed under the Note or by m�C.4t�a ,
<br /> � d;rcct qny�nont to Qcx�ower. If a ratund rncl�cos ptine,�p+�l, the reduction rliil bo Ireateci es e paAl�J pre�►Myrner►t wRhout any >>�•:_
<br /> propayment cha�ge under the Note. •
<br /> ' 14� NCtl�s�.'Any nMlca to Borrower provtded tor In thb Securfty InaUument shaN be given by dslivedng ft or by m�4ing ri
<br /> by firat d��s maY unka� pppNcs�le{aw requkes use o}another method. The notke shaA be dM+o��od to ihe property Adckuss
<br /> or any other�ddre�a 9onbwer�tlealqnate3 by noUco to Lenckr. My no�lca to Lenda sbeN bo qfven by flret dnaa muit ta
<br /> Lander'a nrJdress nlated hercln or�ny othor addres� Lender designatea by nodce to Bortower. My notke prov)ded Tor h t�ls
<br /> .�L�Y L� • •�..{��u�M�rw aiu�n�A GMn1uY N I�nt1�f Wh�n nIYM 1L O�AVIt1SfI�II 1�IIN UE[�l.
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<br /> 15. 6ov+nming L.aw; Sevsrabit'r[y. 7TUs 5ecurily tnstrument siiaN be govemed by federal law and the law oT the
<br /> - �udr:dlclion In wizlch the Pruptrty is lacatad. In tho ovent thet eny provlslon or elause ot thia Security Instrument or the Note
<br />-,� contllcta wlth ppp��cahle law, such confNct shall not eNect other prov;slona ot this Securky InaVument or the Note whlch ean be
<br /> gh�en effuct wltltaut the co�iElct(ng proviston. To this t�nd tha pr�ulslona o1 th(s Securiry tnatrument�nd thu Nato nro dedued to
<br /> be saderablo.
<br /> 18. OOProw�r'a Cqpy.BoROwer shail be glven one conformed sopy o1 the Note�nd o}thl9 Secu�ty Instn�ment.
<br /> F1376.LM0(3/9E) Pa{�o 3 0}5 �� �
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