.._ � �:3 , ` . _ _ . . :k.
<br /> ' � ' � `Y'` .,_..a_." __�_—i..._--�. __�' .._..,. �._. ....... ' " ' . r. � � ' .
<br /> -. . . �..�_:....._ . t� be ����7 '�'.� � �_ t. . �^ i
<br /> . i rov(ded in paragraPfi 18, by causing Me action or procee�n9 . <
<br /> � Bortowes may cure sucb a detaoft ar►d refnstate. as P on, ced�sdes torteiwre of the Bortower's i�erest in tfie Property o� _ -
<br /> InsWment or Lender's searit�l interest- Bortower shaU atso be�n �;.�,(�.
<br /> . . d'istqissed w;th�rulUtg that.in Lenders good taith detemdnatl P �e or tnaccurate iniortnatlan or statements to Lender(or .
<br /> � � other mater�l fmPaim�ent of Me Uen ae.ated by thts SecurilY�e� the Note. ineludu�9.but not - '.< ,. �" r<[.�
<br /> . detauft H Bortower.dur(n9 the loan aDPlim�an proc�ss.ga
<br /> mat¢rfai intom�ion� in connectlon witfi the Ioan evideneed bY r�idenee. B lhis SecuritY `"r. . :
<br /> : . taBed to provide�entations�concem�n9 Bortower's occuPan�Y � tha Propert�f as a p � _---_�,-- _
<br /> . limited to, reA ta � ep the pro+r�sions of the lease. H 8orrower acquires fee tine ta ihe - .
<br /> es to Ute mer�3e�in writln9. '` < :.�
<br /> �ostrument is on a IeaseAotd, eorrowe►shall eomPh► e ements
<br /> � property,the teasehoid and the tee titls shaD not merqe untess�d lt Borrower isils to pedortn the eov�anis and a9� � ,
<br /> ' T. Protectton ot l.ender's Rights in the P►ro��9 that Rialf �S►�ficantlfl aNect Lenders rfgfits in the PropertY ` t'
<br /> . , Instrumenl, or there is a tegal P ons).then Lender maY - . .
<br /> contained in thig Secu�t►Y robate,tor eondemnatlon or toAeiture or to er►torce taws or►eS�� �ders actions • .
<br /> , � ` <j (such as a praceedin9 in baniwpti.Y•DD rotect the value ot the PmPerill�Lender's�ights in the PropertY• � court. Pal1�9 � � .
<br /> do end pay tor what�y sums s� bY a Qe� wfilch has P���lI over this Sea+�f► lnstrumerrt. aPA�9 � . , ` -
<br /> may indude PaYfi9 on the Prope►lY to make repairs•Atihough Lender may take acfion nnder this paragraPh � :_' c. '�
<br /> . . reasonable attomeys tees end erttedt►9 ihis Seeurit�► , .
<br /> � 7.L.e�fder does not have to do so. fi 7 sha0 become addfional debi of Bo 6�r �t���m�e � of � , _ --
<br /> __._._.-'----- pny�ourAs dlsb�ed by Lender under paragtaP e� ��e amonrtts shali - � :-=�----. - -
<br /> � to otAer tertns e�Paym � `'tc�,:",., ,
<br /> � � Instrument Untess Borrower end Lender aSree t vJith(nterest.uPan naUce from I.�nder to Borrower�4►l�secur�e bY this ' ��:.°,:;`::"'
<br /> disbursement at the Note rate and sfisll be PaY�� e insurance as a condtion of maidn9 � _
<br /> 8. Mortgag0 Ins�arance.H Lender�� r'"0ire�d to mainffifn the mo�tga5e insurance in etie�. (�.tor any reasan,the � :ii:;:�.;.':=.�:;. .
<br /> �e premiums requ the premiums re4uired to •:=`E�'=r.:-_��.-
<br /> � Secu�jl instrument Bartower shall paY unal�t w the � � _.
<br /> _ mortga9e insurance covaage req���Y Lender laPses ar eeases to be in ��efted, at a cost sulostartliaHY e4 . ..
<br /> iyaierrt to the mortgage insurar►ce Preui°'�sN ��ge insurer epProved by Lender. If .:'�
<br /> obtain covera4e substa�hify�e inaurance previausfy in eRect.irom an altemet� _ `., �;;'� ��
<br /> � cost to Bortower of the moRgaS to Lender esch month a sum equai to '',`:', ``
<br /> substanUallY ecN�°n moRgage insurance cave�a9e Is not avaDeble,Borrower shall OaY e�ps�ar ceased to , �Y,-.' ,
<br /> rtortgage insuranae Premium�tn9 P�d by Bortower when the+nsuranee cov��� � reserve
<br /> one-twelfth ot the Ye�Y ents as a loss reserve in Geu ot moR�e�unt and tor the period - y-��-
<br /> •� be in etfed. Lender w�i aeeeP� use end retein these PaYm .. . � ';'`�,.�
<br /> roved b lender agein 6ecomes ave�able and is oEtaUied. Bortower ahafl paY ,.• $'
<br /> . pa�e.�g r,ay no lo�ger be required,at the opUon of Lender, H mortga9e�nsuranee COY�ge M the requirement tor mortgage � --
<br /> that Lender reqelres) �royided �Y t�Insure� epP Y , --
<br /> - the premiums requUed to mal�tain monga8e ��surenee in e(teet.or to provtde a toss reserve.ut►ti� .':'�r`
<br /> ecnent between Borrower and Lender or apPticabte law. �der 3►�a0 give �.,. `., �
<br /> � Insurance ends in accordar�ce with any written agre ,. . ' �: ',�;"
<br /> ' � 9. Inspa�ion.Ler�der or fis agent may make reasonable e�es upon and inspections ot the P�ope •
<br /> ' '� Bortower notiea et the tlme ot or pdor to sn insVectt°^BpeGA�g�e8gonable cause tor the insPec�la�• -
<br /> es, dired or canse4uential. in ca►►nect�sl�w��and 5 �
<br /> 10. Condemnation.The proceeds o1 any award o►or eotnveyanee in tieu at condemnaAon.ere hereby _r ...---_-..�`,±r.
<br />" of eny parl ot the PropettY. . ". ,` t;:!`�
<br /> condomnaUon or other takie9 this Searity �
<br /> • shall be paid to Lender. of the P►�operty. the proceeds shall be app�ied to the sums seui� by in which , ���
<br /> tn the event o i a t o t a l t a k l n 9 taking ot the Property �'"`�-y�.'�
<br /> aid to Borrawer. In t h e e v e n t ot a partial r u:
<br /> ,:. •,
<br /> ° . Instrument.whether or not then due.`n�i1��►y��D � al to ar greater than the amount ot the sums sewr e d -- ,�. '•':_+,
<br /> ' the ta(r marlcet vaiue o 1 t he P r e p e r ty immediately betore the teldn9 � -- - -;�'�-�;.
<br /> • � before the taldn9, unless Borrower en d L e n d e r otherwtse agree � �onhelel��e '', .�='.
<br /> . . by this Security Inswment imrrsedlate►Y immediatehl =A'_�=
<br /> sgq��bY this SeCU►(tY Instrument shatl be reduced by the amo d'wlded bY Ib?the iefrumarket velue ot�the Pm9Perty r_ ...,,�;;
<br /> '� hetore the takin9� taldng of the Properry in which tfie tair maAcet s:.,,��.`.',•;_:;
<br /> total amourn of thg sums secured tmmed[atdy betore the taking. '� �";,:
<br /> ` betore the taking.Any balance shaU be paid to BoRO�wl�than henamowrt oat the sums secured immedlatety �i:,,�.'�'.
<br /> � vaiue of the Property immediately beTare the taidn9 ���e law otherwise prm�(des. the proceeds shall be . , , T�..I
<br /> � untess Borrower and Lender otherwise aSree In wdtlo9 or unless apP -.-�=4 J.<-•
<br /> ' Instrument whether or not the sums are then due. ,i;;;
<br /> � appped to the sums secured by this SB��, or H,after notice by Lender to 8orrower tfiat the condemnor oHers to make an . ,,L_.
<br /> . • tf the PropeAY(s ebandoned by � �''�`,;
<br /> P or to the .:::�r;=.
<br /> award or setlle a claim tor damages. Bo the�roce da��n D���e�er tohrestoratongorfter aU of the tproperiy e is given. . �
<br /> � ' -�"° Lende►is suthodzed to coDect and aPPN P �"'`��=
<br /> � this SecuritY�osuument,whether or not then due. ghali not �ctend or �r•?esY.
<br /> ' sums secured by e in wrftfig� enY eDD�c�Uon of proceeds to prtnciPal ,.tt�=�.:
<br /> ' -� Unfess Lender an d Boao w e r o t h ea i���erted to in pare9►aPhs� an d 2 or c h a n g e t h e a m o u n t ot such PaYm��t or '�;�����
<br /> ' '�� � poscpone the due date ot the monthly p 7Rn L,ender Not a W�ver.Extension af the Ume tor paym �: .r�
<br /> ' � • 11.Bottower Not Retessed; Fo�beatanee BS► ���ment�anUed by Lender to any successor tn interest ot `�'<-
<br /> � � modiflcallon ot amort¢�Gon of the sums secured by this SecurilY ent or otherwise `���
<br /> � Bortower shall not operate to retease the Ilabiliryl of the odginal Bortower or Borrower's successors in interest. Lender shatl not
<br /> , ;._�• 8 ny� any suceesso► in interest or retuse derr�and made by the odgtnal 8ortower or <. ;��'i�:
<br /> be requfred to eommence Proceedt�9g 9� �n�m�by reason o1 any
<br /> � ' ' � modity amoAkallon ot tt�e sums sacurad by�h�� b �Qer tn exercisfig any dght or remedy sba0 not be a walver oi or :•.w.�'.
<br /> � Borrowers successors in interesl. MY � .:
<br /> . predude the exerdse a�a�►Y�9ht or remedY• • ..
<br /> Joint and Several I.iability; Co-signera 7he co�e"$"� a"d
<br /> • 12. Successors and Assigns Bound; ,
<br /> - . , a eements of this SecuritY �nswmerrt shatl bind an a a�emen sha0 be jo nt and severaL n MY Borrower wh^�a'nd con�
<br /> � h 17. Bortower's covenants 9 .
<br /> . � provisions ot pa�9� �•
<br /> unQer the terms ot this Securiry Instrument; (b) is no!personalry obiigated to pay the
<br /> Sew�(ty�nstNment but does not exeeute the Note: (a)Is co-si9n�n9 thls SecuritY Ins'wment oniy to mo gage.
<br /> • that Bortower's intereat in the�'ng�ent and (c)agrees that Lender and anY other Borrower may agree to extend, modiy.
<br /> • sums secured by this Securiry Insbvment or the Note without thai Bortower s
<br /> " � torbear or make anY secommodations with regard to the tertns ol this SecuritY .
<br /> � � consent. Instrument is subject to a law which sets maximum loan ,
<br /> �$, L,OBn Chafg09. It the loan secured by this 3ecu►itY to reduce .
<br /> r� � charges. and thal Iaw is flnally Interpreted so that the��u�toan charge hall be reduced by the amou�'ne essary nnecUon
<br /> wtth the loan exceed the pem�med 11mtts,then: (a)any .
<br /> ;,. the charge to the permitted 11mi1: and (b) eny sums already cotlected irom Borrower which exceeded pertnitted limlts will be , .
<br /> retunded to Bortawer. Lender may choose to make this retund by
<br /> reducing the pdncipal owed under the Note ntbW�h�utnany
<br /> direct payment to 8ortower. II e relund reduces pd�alPa1, the reducGon wili be treated as a Da�� prepaym
<br /> �� � prepayment charge under the Note. ��S�ment shall be given by delivedng ri or by Adidress
<br /> � 14. NOticee. My noUce to Bortower provided tor in this Securtty
<br /> � Ocable law requlres use o1 another method. The notice shail be directed to thefl g=P� m�� to
<br /> by firet ctass mai►uNess aPD r.oUco provided 1or In this ' '
<br /> � . � or any other adAress Bortower desi�ates by noUce to Lender. MY notice to Lender shall be gi�en by
<br /> � Lender's Ing�ment shai�l be deemed t have beenegiven to Borroweraot Lendeotwhen�glven�seprov ded in this paragraPh•
<br /> , Securtty SgvOiebllity. This Security Instrument shall be govemed by (ederal law and the law o1 the
<br /> ' ; 15. (�overning Lawt
<br /> ' ' . JurisdicNon in which the PropeRy Is located. In the eveni that any provision or ciause o1 this Secudty Instrument or the Note
<br /> � conmcts with appiicabte law, such �o ns on.hTo thise nd thehprovislonso o}this 3ecurriy�n trume teand the No e a ehd cla edto
<br /> '� � given eNeet without the conNcting p
<br /> , be severabte. ot the Note and ot this Secudry Instrument.
<br /> �, .' 16.Bor�ower's Copy Bortower shall be given one contortned copy
<br /> �
<br /> �.. Pa�c 3 of 5 �
<br /> � Gt"i'16LtJIG(t/3T �
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