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<br /> ` �'rocecc.Borcawer shall be in defaWt under t1ii�Secwiry lasuuu�:nt. ii Bwwwr:;,dwria,^,�lo�.n _
<br /> T. Y.oan Applkatlon
<br /> applicacioa proces+. Qave materially false or in�ccurue iaforniativa or ctuemeats to l.ca�ier(or fiilod to pmvide Lender witb
<br /> �y �cri�! int.ormatiou dirocUy beui�a� ��'��;dcisiou co extr.a�1�:,r.�ilt w 6o,:okcr). 111 C3fU1:Ctl�n �'•'ItII lI1C I� �
<br /> evideacad by tb�Nou.
<br /> g. p�,��,�f i,e�er'r Al�bt�4y cl�e prop�rty.If Bartower fails ta iparform ttu cuvt.nauis�nd a�rxm�us�°Od
<br /> ia thia Secwiry Iaucument.or therz is a it��l procxclin�t�:�t may tigaificaatly afiect L�eader's�iYhu in the Prop�nY(su�h a�
<br /> a ptoce�diug ia b:a�raptcy.Probate.for condemaulon�forfelnue or to eaforce la►ws or ragulatiw�s).thea LRa�u'vo�Y do and
<br /> PeY for w6atever is neccss�rY to Protx�tha value of tEe PraAerty aad Le.nder's right�ia the Propeny. Lendtr's actiou�may
<br /> isclude PaY�S +�Y � sxured by a lien which Qas priodry ovu ttils Sxuriry Instn�mau. oPl�'�8 � �• D�Y� _
<br /> reasoaable attoraeya' fas aad entering on the PropertY W m�lce repaln or abste nulsaace9. AltLou�6l�ender may talce�ction
<br /> uadcr this ParaC� 8.i�r does not t►xve to do so.'Ibe dght of L.er.der w protect 1Rnder's ri�hts in ihe Propwty ahnll _
<br /> include the dght to obtaln at Bomowa's expease.Prope�tY i�speCaons,crodit reports.aPP����P��of value or other
<br /> wcpert opinians or repocts unless pmhlbiud by law. —
<br /> My amounts disbursed by l.ea�ler under this Par�gr+pb 8 sball become additioaal debt of Rorrowa sxured by this
<br /> Sxurlty Inswment- Unlds Borrower�td Leader a8rec to otl�r urms of paymcnt.these w�ouats shall bear ituerest from the
<br /> clato of disbursemeat at the 1Vote rate and chall be payable,with inurcu,nPoa d�mand of Leader.
<br /> 9. Mort��e Iasuraace. If Leader required mort8a8o� � a coadidon of making the loan �ecsu+ed by thSs
<br /> Security Instcumem• Horrowa sha11 pay tlu premiu�s re4ui�d ua caaintaln the iasurance in effect uatil aucb time a� the _
<br /> ie,quicemeat far the insuta�uce terminates in xoordance a�.]s Borrov►rer s�ad I.es�der'a writt�a�grameat��1�lo�vided
<br /> 10. Iaipa�Noa.l.encks may malce or c�wse to be m�de ttasoaa�:e eaules upon and iospxt3oa+
<br /> tbat I.eesccier sL'�ail give Borrower aotia�c�aT to aay such insptctioa spocifYinB nason�bk cause c�erefor�crlatal w l�eades's
<br /> intrnst in t5e PropertY. ��oa with wy
<br /> il. Coademuatba. The p:ocads of�ay �wuat or clafm for duaages. direct or oons�umti�lT
<br /> coad�ao�tion or othet t,�of the Property,or Pun tLereof�or for coaveyance in�ieu of condemaaHon, ����
<br /> �ad sball be�paid to I�S,subject w the terms of a�,y mort��ge�deod of uust ar otaa sec�rltY�
<br /> ha�priority over this Sa.wdry Insavmeat•
<br /> in the eveat of a tot�l takin,g of tl�e Prope:tY, tbe P o�e�s sl�ll be applied to the suma cxured by tbls Saauisy
<br /> Iasuumeat, wbdher or noe thea due.with�ay exocss paid w Bomm►tr. Ia the eveat of a partial takla8 of the Pmperty ia
<br /> whic�the fsir awrket value of tl�e Prop�aty immediatdY before the tslcing is eq��1 to or gtr,�ter th�n the�mauu of tb�e wtas
<br /> securod by this Socurity Instnimeat immediately befoc�e the WcinB,naless Barrowu aad I.aWer otherwise agroe ia wdtia8�the
<br /> su�sa:ui+ai by this�xuritY Ins�n�m�at shAll be rahu�ed by the�mouat of the pr000eds multi�liod by tt�e folbwia�fr�:
<br /> (s)the wtal sw�ouat of the auau secuced immedi�telY ixfon the taldng,divided by N)the fida�ouket value of tl�e Prop�c2y
<br /> immecliyei)before the t�ictng. Any bafu�oe slall be paid w Bomower. Ia tbe eveat of a part3al talcing of tbe�Y i�
<br /> wluch the fi�ir market value of tlu ProQerry imm�odivalY bofone the u1dn,R is leas tl�aa the amouat of tlae suma� �ea�red
<br /> immediatdY before tbe t�icin8,ualess Borrowa�ad I,eader otherarise�rx in wrirlag or uaiest apQlicabio!aw otbawise
<br /> .--- - .�.. a,..�u�ha11_be anolied m the sums s.avred DY this Sxauity Ia�mmt wh�t�er or not thc wms are Wea due.
<br /> '��1€ti�e propezty i�ab�doacd bY Borc+o�''a'•or if,�Rer notioe by Iende:to Borra�r rau.�bc 000���.M,. .
<br /> m�lce an award or satla a cliim for dw�,Bes, Bomoaa fail�to mpond w L�mder witbia 30 days aRa tbe��y o
<br /> givea, L�eade:�authoti�ed to oollect aad apply the proceeds. at iu option.eithu W trswr�tian or repau
<br /> tLe sumt sec.ural bY this Sba�itY�ctn�m��wtu�her or arot thea due. �not ea�twd ot
<br /> Unlat I�mder and Bonowex othetwise n�roe in w�iriuB,aaY �ppl�cati°°of procceds to priadp�l
<br /> postpone tbe due d�te of ihe m�ontlilY P�ym�s refared w in Parigcsphs 1 aad 2 or cbange the amamt of wci�paymmts.
<br /> 12. Bonnwer Nat�scd:F�6d�ta�e By�r Not��Psi�er,A�ooeaaea ot Psrt�l Pf�yvert.Exteasion of the
<br /> tlme for p�ymeat or medificaBoa of rmortizadon of the wm� :ecured by this SacurltY Ia�ummt�°d bY �to
<br /> Bonoae:or�ny sucoesoor ia iaterat of Bormrver s�11 not oper�te to rdeate.in aay m�nner,the 13abitifY of tbe ori�lnil .
<br /> Bormwet and Boirower'a suxason iu iaterest.I.eader s�ll not be roynit+ed to commeace proceediogs a8�w��
<br /> or may refuse w eutad time for paymeat or otbawlae modify amo�s°°of the wms tea�rad b5'this�aa�ritY�nu�bY
<br /> rwoa of my demand m�de by the ori�l8osowa and Borc+ar.Tr's woceuoa ia iata+est. Aay fabaraooe by Im�eb.o0
<br /> one or more ocasionc m exacasia8 anY right a�Y�• or oti�ecariu at�otdod by applicab2e law,st�ll mt�e a
<br /> aaiva of or preclude tbe'lata e�rmise of t�t or�ny otber d6ht o��Y•
<br /> Lmder maY �coept Putial P1Y�s from Borrower, �ri�out wsiviag or forbea�tng any of its rigtw under tbis
<br /> Security Insuumeat or t�kr the Nate evea if sucb p�ymeats ac+e notatod as a paymeat ia irT.�.or witb a not�tim oi similar
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