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<br /> . , ; Borrower m�Y cure auct� � del�uft �nd rdnet�te, Ra provlded In pwrAQr��h 10, by cauelnp tha nction or �ropen�iin� tn ba
<br /> ���ymi��nu wY,h :.:.if�n6.�s�t, �n ���d"'� f;?°d t-!Eh c!atarminatlon,prr.r.ludoe/orfeUure o}the BoROwer's Interetit in thn Prop�x'ty or
<br /> other rnnte�:nl Imaalrment nt iha Ilen creeted by lhis 9acurity Inslriy»ent or I.ender'o nar.urlty Inlomsl. Fiorro:nrnr eneti ui::u �a in
<br /> cfeiauit il Flortowev, ded��y�tho Inan e�plicaYion process, �avo rnateiialy i�ic�nr Innr.c�unto Inlnrraatlnn or nmt�mrnto to�end�r(or —
<br /> falled to ptovlde lende: ��tih any mate�la{h�toimatlnn) fn r,onnccllon v�lll� tho Innn nvldr.nccd hy iho Nuto, InGudin�, but nc�l _
<br /> fimited to, repreanntailons concernlnq 8attowar's occupnncy o1 ihe F'roperty nn n principal residonce, If li�la Socutity
<br /> Inafrunta�t Is on e Ie�eehold, 6orrower sh�N comply wilh �il tiie pravis!ons o} the Inr�nn. II 0�rrower acqulre� tae title to the
<br /> Property,thn leaaehold and tha toe tltie sh�M not merye unleae Lender�prRea tu the mergar In wrttinp. �
<br /> 7a Prot�ctlon o! Lsnd�r'� Rlp,hb In th� Proq�rty. II Borrower lalla to periorm the c4venantn and�preemante
<br /> conidned In thle 3acurlty Instrument, ar thero Is � leyil procaedln0 th�t m�y el�riMuntly qNset Lcndor'e rlqhte In the PropMty
<br /> (cuch aa a prc+eerr}!�n!n hr.nkn�ntcy, prob�te. tor condemnatlan or torte�t�ue or to entarcn lews or reguletlons), tf�en Lendx mny
<br /> du�nd p�y lor whrtaver la necaaa�ry to prote;t Iho valua oi the Properiy and Lendere rigiue lii the I'ropciiy. lcnd�r`� ectlqm
<br /> rruiy induda p�yt�g �ny aume aecured by ■ Hen which has prlo�ity over thls Security Inntrumbnl, �PpNrin9 In coun, p�yfng M
<br /> re�eun�hle nriomeya'tees and enterinp on the Propoity to make repalre. Although Lender may take actlon under this p�ragn{sh �
<br /> T,Lendx dosa n�t h�ve to do so. r�
<br /> Any amounta dl�bitreAd Gy Londer un9er pnrnpr+►Ph 7 shall become addltio�al dabt ot Bonower seoured by this 5ecu�Sry w
<br /> In�tn�ment. Uniess Hono�vnr and Londer a rae to �tlior tartna of payment, tl�ssn.atp�unts shell bear Interest ttam the date ol �
<br /> d�ehuraament at tho Noto•rnlo end nh��l be psyablo,►alih Interest, upon notice(ram I:nrtdet to Borcower requesting paymen!•
<br /> B. Mortg�lge Insu�811C0. H L.ender rec��ired mndgage Insurance as a aundiUon o} making the loan aecured by this
<br /> 8ecuriiy Instrument, Bortovier shall pxy the premluma reyulred to tnu�ntain the mortgage Insurance In effect.If,tor any rewson,the _
<br /> ma�tgage Insurence coverege requlred by Lender lapses or ceasas to be In etfect, Dortawer ahall pay the premiums rvquked to _
<br /> obtain covernge SuUr,�nntially eyu(velent to the mortgage insurnnce prwinusty In eNect, at e cost sub3tant�.aly oqutaelertt t�the .
<br /> cost to Borrower o1 th�.mongage Insurance prevlousy in ettect, trom an aftemate mortgage tnsurer epproved by Lender. If
<br /> s4bstnntistly equlvnlnnt mnrt�age {nsurance caverage Is not evallable, Bortower shail psy tu Lender�eacfi month a sum equ�7 to
<br /> onr,tWeitth of the yenriy mortgaga InsurAnce premlum baing paid by BoROwer when the insun►nce covetaga lepaed or ceased to
<br /> he in �flect. Lender Wil1 accept, use und r�tski thaao paym�ts as a toss r�,sArve In Iteu o}mortgsge insurence. Loss reserve
<br /> pnyments nxy�o lon�r�r pq requlrCd,at tlie opUon oi Lende�,H mortgape Insurance coutrege(Ir1 ihe emount end for the perlod
<br /> thnt Lender req�eN•ea)provlded hy nn Msurer epproved by Lender again becomes aveNeble and !s obtelned. Borcower sh�N pAy
<br /> the prem►ums requlro�3 to rnuintain maltge+ge inaurt�nae in ettect, ar tA provide s Inea reserve,until ihe requirement tor murtgage
<br /> inaursnce�nda in�ccorrJance wiih Any wrriten�yr'e�+nent belween Horrowe►end Lender or aPP��aeble law. �Mder aha�l����� �
<br /> 9. Inspol:tion.Lender or Ita ng'ent mny make reasonfible ontdes upon and Inspectbns ot ihe Property. _
<br /> 8orrowar nodca at the Umo o!or pdor to en {nspuctfon spocftyinp reasonoble cause tor the Inspo�tlon.
<br /> 10. COnd�m�f�ltlon.The proceeds of eny award nr claim lor dameges, dkect or consequer►tial,in GonnecUon with any
<br /> condemn�Uon or other taklnp at any prA of the Property, or for convey��ice In Neu o1 condemnation, are heroby aasigned end ,
<br /> shaN be p�ld to Lender. ��� -
<br /> In the event of a toUl takin8 of the Properiy, the proc�eds shaM be �ppNed to the sums aecurarl�y this 13�hi�
<br /> lostrument,whether or not th0n due,with�ny excess pqld to Borrower. In the event ot a peNal t�kk�p oi ihp QP�Y
<br /> the Wr rrwkel a�N�e ot the Propdry knmedlatelY before Ihe Uking Is equal to or gre�ler then the amounl m1 tha suma seaured
<br /> by this Sec�trily InsUument immedi�tey bdoro tAe takmg, umess Sorrower a�,.; La,d�. ath�:'�!r° afi'"�:tr't�t�ttna the suma ,;_
<br /> aecured by this Securfty Instniment shall be reduced by the�mount ot the proceeds rnuklpAo,d by t?►n toH�e'vin�,ftedbn: (a) the
<br /> totni emount of tNq sums secured Imnedrtafy betore the teking, divlded by (b)the hk market value o1 ftri�n:�penY����
<br /> bdarA the teking. My b�luice shaM bo ptld to Bortower. In the event o1 a pnttiel t�king o1 the Prpperty i�� tivh�ch the fak mnrkM
<br /> r�fuo oi;the Property imn�ediataiy bdore the U�king 1a kss th�n the�mount of the sums se�lrocl•�mmedi�4elY betore t�e t�king.
<br /> unless Borrower and Le�der otherwlse a�ee In w�itln9 or unless appBcaDle I�w othetwlse provldes, the proceeds shaN Oe
<br /> �ppNed,to Ihe s�xne aecured by this SocuritY Inshument whdher or not the suma ius then�due.
<br /> ��ms p�p�y,{a �andon�d by 9artower,ot it.etter notice by L+nder to Borrower that ihe aorsdertx►a otfer's ta mdce�n
<br /> rwud or s�tds a clolm la d�n►��a. Barov+x taNe �a rospo�d lo I.ander wkhin 3b daye �iter thd �Mte the noda�tylv h,
<br /> Lenda ia wthaiz�d to coMsct +�nd rp�ply the{xoc.eade, �t Rs uplbn, eilhx to reistoratbn or repaM ot the Pn�p�rty
<br /> suma saCUta1 by ihia Security Inattument.wheltwr a not then due. � oi ��� to �indpd sh+iN not �ttend or
<br /> Un{esa Lender and BoROwer otherwise a�ee tn wrtdnp, any �PPMc�
<br /> postpone the due tMte ot the monthy paymanta roferrsd to Ni pa�nqr.�phe 1 *nd 2 u chanfl�lhs unwnt of such payments,
<br /> � 11. Borrow�r�Nd. Rd�asw�� Forh�er�c� Br Lrnd�r Nat � W�Iv�r.Extensbn ot tha time M►Wyrt�tt or
<br /> ' modiAaUon of amatizrtton of Me sums eeoured bY thfs.SewrkY MsirumK►t grantsd by Lender to nny suceessor In IntKest ot
<br /> Borrower sMN not open�te to rel�se th�Ii�bWty uf the aigfn�t Ha*ewK a'Bwrv�w"�a successors in Intet�t, LandK ah�N not
<br /> bo requkM to corm�ence pmceedinys �4}ak�st any successa in fnterost or refuae to exten�D time ior WYm�►t or othawise
<br /> modHyr�rtwAi�tbn of the sums securod by thla Security Instniment by reason uf any dan�nd mrde'b/�t n�a1¢r►r���
<br /> Botrower's euce�esors in intxsst. My twtieatneo by Landar!n eX��9 �Y �9 t or �ere►s�➢Y
<br /> predude the ex�rdse of any rigfit w remedy.
<br /> 12. Suc����ors snd Assi�s Bound; Joi� and Srwral U�blltty; Co-�iqnKS.l'he co+r.�+�iW '"d
<br /> ayreements of this Sacwity inatruma�t shaN bk�d and beneNt the suocessor�and asaipns ot LandM�and 9otrowe�.sul�lMa
<br /> ta tn.
<br /> pruvf�lqns o(panynph t7. BOrtuwcrs cov[nu►ts �nd e�eementa shaN be jokit�nd aev�l. My BarowK who �s��
<br /> gaaud�r�nsuument but does nnt execute tha Note: (a)is co•slpning this Security lnsWment ony to matq�ge. ��to p�y ihe '
<br /> that Bortower s interest In the ProDert�l under the tetms oi this Seauity �nstrument; tb) i�not�on.iy ob�y. .
<br /> suma secured by thls 3ecudty InatrumEnh aA� (c) agrnes that I.ender and eny other Bortowa m�y�9roe to extand,modfly.
<br /> tort�ear or meke any n�cort�tnodetlons vMh ec;�u'n:1 tu the terms of thia SecurNy InsWment or the Note vrilhout that Sortower's
<br /> conre��t.
<br /> 13. LOaf1 CFtargY�. t°�+ta�lo�ui securcd by this Sec:urtry lnsWrt�ent is su4jt+et to s law which sets m�xiax�m�loan
<br /> charges, and R!�t�IaN f> finaMy inierpreted so that tho intorest or other loan charpes coNected or to bq�coMec[ec!h cxmnr.adon ,
<br /> wiih tho loaie m:ir:ne�the pertnitted limits,ihrn: Qa) any such loan charga shaN tre reduc�d 5y the ema�+�t necessuy to•re�ce
<br /> the cherpe t.,5(',r,,!�ertnftted IMnit; and (b)any sums slready coNected irom Borro+�rer whlch exceecled Parr�ittnd limits wiN be
<br /> retundwi to B�rosvEx. Lender mau choose to make ihis relund by reducing the princiWl owed�nde►tha Mote or by nwicJng •
<br /> c�'r�ct payrrxn�c to 8nrrower. G'•n,c�atund reduces piir►cipbt, Iho reduction wfM be tre�ted us e p:utid Fxepayir►ent withuUt.any
<br /> pc�syment cP►�rge under the Noir.
<br /> 14, 1�?�k�ln�,:My notice to Bortower provided for In lhl.s�rity Instmment sheq bo giva�by iidiirerhg k or bY,nuuling U
<br /> by tksE c{RUn Kn»i{,�unless appWcabb law roquire� use ot enotl�er method. 7he r�otke shal be drected to'l►to Rvpei�y A3dreae
<br /> or eny otb:ir.��.3��ss Bwrower designetes by notico to L�7der, My notico to Lmder nhsr be �pYen uY lirst�ci�ss m�Y to
<br /> ��d.r•s eddress aTated herek� �r any other nddress Lender desigc:ate� by nnUco to 8orrowor. AnY noUce.provided+(or tn this
<br /> 5�curity InsUument sheN be deer�ed to have been glven to Berrower or I.encla wnere given as prmrweQ+�+T�w�►+�r^^
<br /> 15. Gov6ming Law; Sevdr�bility. Thls Securiry {nst►ument shall bo govemed by federal taw end the levr ef the
<br /> Ju�sdicUon in whlch the Propetry Is tocated. In tho ovent that any provislon or deuse of thls Securiry Instrumeat or the�lote
<br /> conSNc4o wNh appYcablo Isw. such conlNCt ehaY not attect other provisioris af this Security Inatrument or 4he Note whkh can be
<br /> gNen eifecS without the conNrting provislon.l'o thls end the provislons o1 thls Sc�curity InsUument ervd the Note are dec4eired to
<br /> be severabie.
<br /> 16. BO�rOw�r'S COpy.Borrower shaY bo given one contormed copy of tho Nate end ot thls Security Instn�ment.
<br /> �F131G.S.M6(3/9fi) Fagc J ot 5 `" -L{��r'
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