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<br /> • JU�,. -10' 911THU1 13�40 A�fERUS BANN TEL:1 Sl5 281 2099 P• O18 i .;
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<br /> ' RE•RECORDED � � i
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<br /> iai:ludln�flafJs or}IoalinR, for whlch L.enda�eyuirei 1 ' �. .'IUia iativrance xlu�ll be maiatained in th�uuounc�and ;;�;_.:-
<br /> fot We periodi dut lender reyuirrs.'!7m iasuraycr carrie �O � c�e 9nsu�s►nre sh�ll be el��n hy Bun�w�r subJeet to ( __u_
<br /> L�euder't �proval which chall uot t►e unrr�sonpbly �(tl tJ , unmwer fttita to tu�iwaW c�rieutBo �resdbed �hove. ' -�'
<br /> ixrWer twy,at LeMer's updon,nbtala savoragn tn ptat �F '4 righta in the Prnpeny in x�cordutcr wldt pxragraph : �-`'�_
<br /> 7. All insvt�acr policle.v aud renew�ls ahall be � t �4 Leadet�txl r1u11 inclu�e a�t�uuuA nxmgx�r clause. �`���-
<br /> Ix�xler al�ll tuve ebe r1glit tu ho1J the pollcles aacl crna 9 J � nder requirea,Hurrower r,�il1 prnmpdy Qive to Leixler +-���-
<br /> �!1 nwe;pw of patd pt�nilump And rearwal nottca�.!a dro n I f J ' .Bormwer+�hKl1�ivr prou�pc u�dw cn c1�insurance �� :""�""-
<br /> . carrlor aad[.etxlnr. Leuder nuy milco�nx�f of loMa{f uot, ' ' pity by Hoaower. �
<br /> Udeas I.ender�nd Bonuwrr otheiwi�e rgrx bi w � e mceeCe ah+�li br rppUed a�n�n�racian nr n slr
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<br /> of tAe Property dama ed.lf the reatitoardoa oc te�Ir Is yfeaslble�nd Lander'a�ex,�urity is ucx le�;enal. T thr f . ,
<br /> nst�radun or rep�ir�not ecouomic�lly f'nasible or Le i' lty would be le�raned. tlies iaaurance pmce�xl.i ni�kll ba � _.
<br /> ,�ppiled to Qie svms se��sd by�hIA SawrltY lnsuumaac. ' r uot d�on due, wi�h any exu,ca Pxid tu Borrower. tf
<br /> F3nzrower�tndona the Prnperry,ae d�Wx an�wcr ai� n y�a�u�acx iit�m I.rnclrr dsar�e tavunincu cyrrler has " _ - .—
<br /> ofFered ca setde t alpim, thra Ixndrr rt�y coUeet t1.K insv, •rrda.L.eud�r uu�y use thr��procredc co rerair nr rcs-Wrc �-
<br /> ' tha Prop�rty nr ro pxy suius securerl hy thi�Secunry lust lt�tlwr i�t nM tltea dur.T Ue 3 0-d�ty�xrn�x!w t l l b er{n .
<br /> wl�au tl�e nntice is given. �••-:�
<br /> Unit�t 1.en0er Knd Burrowrr�therwlse agier iu n appItcadon nf nmece�lx to pria�ipal stull n�t exceu0 pT ,_�N=
<br /> pnstpone the due date af t1u nx�uqNy�ytllenGt rC[rrred t ' sp1�s! un�2 ur ctu�n�e dte amnuitt nf tho pxyturatb.I! _
<br /> under pxra�ph 21 tGr Pmprny ie aequirW hy [xn�rr, � ' tiQht to eny insur�tx:e pollc[es and pmceed�t rrsult►np
<br /> fmm�luant e ta thr Ptupeicy pdor�o rLe ugut�ition 6hu1 rxier to the estenc nf t1u sumr srcu�ed by diIa Seeuriry •
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<br /> Iustrutrnnt iwwediauly prlar ui d�o�cyui�ihon. :•_
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<br /> �• 6. OccuP�cy, Preservatton, 1N:faten�tnce und n ot the Aro�i 8on�owu's Loan Appllcatloe= +;''---
<br /> Le�seholde.&inowor Yhall cx:eupy. e�abllsli. a�l tue tl t as Huauwer s pcinelptl resid�rux within si�cc�r d�yx , '-°°
<br /> uf'trr thd axr�.�utinn ni this Security luscnuaw►tt A»il xh�11 cS t cx.cupy�be Pm�orty�Soauwer'�princip�l ras�de�x:n .��'"',° �
<br /> fi�r�t Ir�st onC y�r eftrr thr due��f c�ecup�uwy,unlr�; � r�vvlre sgreai 1�1 writin�. which caucent sh�ll mt be
<br /> 1 unreaanubly witliltCld,c�r unlrxy extenuuing circutu+� i irh ue beyond 8�tmwer•s caiural.Bo�rowu�II mt �-_
<br /> i dectry, clsn�a��or 3ngsaSr tl��Frc�t�riy, xliuw ihe F triot�ic.�r cammis:."a42L O4(!1L'PffT�;. �rinwer ----- ��_
<br /> � ehs�U be in cl�Panit if�ny fortelturc acNqn�ir procrecliii�� • ivll ac eriminal. is hrann that in Leuder'a gnnd fxith
<br /> t udee�nt wulJ nsulc fn forfcln►� n[ttu Pm' rty ur t� asuerItlly lam�ir d�e lirn eroatrd by d�tc Seeurity ;�
<br /> �asccnmeat ur Leiuler'a sCCUrity interr�t.Borrawy�r miy �fwlt Knd minsit�ce,ax pravided i�n ptagnph I8,by � '..r
<br /> � causin� elir ecdou ar praeeed�ug eo ba dien�iss4cl with"' i �at, In LaudePs gocxl faith determtautan. PneluGea� �1
<br /> fudritucr nf the Bortuwet'a Intere�t i,� ti�o Prcr�erty or edal l�nnent oF tbo lian ctrated by thlt Seeurlty �
<br /> Instruaxm or L.emler's sei:urity iuterrn�Ba�mwer rliall�t tiwlt if nrruwar,clurlag d�e lau�App�icatian procrss,
<br /> gave a�teriqily i�1se pr inaceurnttl infomudon r eti � ndrr(cx f�ilril tu pmvlde I.end.er w,di xny nu�trri�l
<br /> Inform�tlon)Li eo�ecti���rvlW d�e Ic�n aviJ��by t 1 •luding!hut�t lim►t�xl to,repteaeiuido�s e��c�srntng ,,f,
<br /> � Burrowor'r oCCUpuney of the Property as s pcine[�ial r�idq q �s 5c�:uaty Insecumen�IR on�IeLC�nW,Bam�v►�r thall
<br /> co�uply wicli ail the pmvisioux ot dro ln�sv.Tf Bomower q dde ta tlie Pn�rerty,the le�selwld�od tik tee ti�e "''
<br /> shall not rurr�e unl�w LenJet a�nes oo tLa a�ergeic in wrid . _ �•-�
<br /> 7. Rotatlon of Lender'i ItlQhts in t1�P�o I wrs 611�co pecfnrm ti�C c�►vnrutnts w�la�cr�n�rnts 'a
<br /> cc�ntainul in thia 3ecurit y Insaume�u, or ebere 1�a leg�i tt�c ma y s i�n lBCtu�ly dfece Lendtr'A ri8���in thr .��
<br /> Propetty(such at r proceedlpg la hnnlcrupt�y.pmbxtr, on a�t arCe tture rx ta onfun:r Uws or r�u ladan�), � -
<br /> �� theu Lender may do and pry for wtucever,ls nec�r.ary . ; thr valur af the Prnperty and La�ar•c nyhtx in t�r �
<br />- Properry. iender'Q �cd��tS moty iix;lutln payin� any. tq � by • ll�n which lt�st ptiotlty nvet thin Se�.wcity �a�•` -:�.�.
<br /> Iucatiuncnt,�pptAtipB in wurt.paYin�trasouzble atmn t]entrtitt�oa the Pmperty t�nu�ke mpaira.Althuugh
<br /> i Lender inay btke aCtlnn un0ar this ph�,I.�nder do, o �a��►• wer s-ecund h �is � � ����
<br /> Any amounts dI�sburced by »dor undrr tfii+prn 1 Ixcome addid��iul debt uf Borro y . ; .
<br /> � � Security L�atrument.Un1CSs 9urrower anil Lende�igrro t �s of�yn�nt, chesn�mounts slnll beu tucarest tinm •
<br />- � the date of disburseu�uc ut d�o Nato r�te,�nJ e6all be • ith interest, upnn nwirtl fmm Ixnder m 9otrnwer �. ��
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<br /> nquesdna p�ymeut. �
<br /> i 8.MoreIIa�e ln9urmce. Jf Lnn�sr r�quircJ rtw ' e a:e�s a cuudid��n uf mftkin�{thr loan sr�.�tt[rd by this ' '�'�''�:
<br />- � Sxusity Initrurnent.Hormx��r sl�xU p�y tht prenllunu ra i i �incain thr mnRp�ge 1�ura�x:e in ntTeCt. Tf, flx any , . ""'�""
<br /> _ � reason, the mortgage iuFUrunw wva�upd r�qulted by, or ceasral W ba ia effect. Boaower sl�all pay tha ; , .
<br /> • 'I prwntw� cayuirn0 u�nhciin eovnn�e cubstu�ti�il ey�u1� ' a mu[t���e lacunne�previously in Ctfd:t. :u u cust �
<br /> - ; eub�tt�uially equ►vil�t a�tLc cu:�t ai Bum�wrr af���� '[�p���»ly in efli�ct,fram att alrornate uwn�age
<br /> � ; 9�urer ippmveG hy tcn�r•. lf tvbstwtlallyeguiy'�ut ' 'urstncr covrra�e la not Rvailthle.&�rs�wor�hail pxy
<br /> " ' tc�l.enaor eu:h nwnth a sum equal co n�-twelfth'I�f xitp y� age lasus�nce premiuns twing�+aid by Sotmwer when
<br />_ � thr�,wwce crner�gn lupho�t��r t;eused to be in e�fa:a l; •cept.use uxi net�[a tli�se payweuts�.4�los�s reserve •
<br /> i i in liou af moR�are incucence. Lo.�.�ras�rvo pxyqien � er he rtqaireJ, xt th�npdoa of Leuder, if uairtgage
<br /> tn�uruice covetage (in t0e xmuunt and for the rl�d� ' , eyuirrs?provEded by w fu.�uter aM►ruvCtl by lxndrr
<br /> - �r�in brcem�rs 3vdlahte aad 1�nbt�inr�l, aarra�er ct�ell remlums nyulred co mainraia amr�gage inau�aixa in °
<br /> � • erfr�K, ttT Gt pinVI�IC A IOSS TC.SCNC. uudl tLe reg.ui�cceh�� � anat inauruu,� anA� m accardance with a��y wdctou
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<br /> a�reemrnt hetween Barmwer a�d Lrnder or�pplf�ablr la . rorm ao2s O�eo Ip . ► �
<br /> , EANRfl10 6Y8T[M6,ING.,bT.C10U0.MN 60707 It•000•7fi•t0�1}fOfIM MP1�1� � �L�. •.L.Y/.�•
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<br /> JU. 10 '97 13�27 1 S15 281 2099 PAGE.018 �
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