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��i .. . � <br /> ,' _. <br /> r ,< , — <br /> . '..,, ,, .. <br /> , _ , ._T._. <br /> • 7:ProteotEon oi Lenda�'a Rl�hu In the Property. i► eorrower reus �o penom, �ne covenentc tnd a9nwner►ts <br /> aontalned h thle SecurRy Instrumr�nt, or phare Es e leyal prACeodhq that may ebnNbanty aNeot Lender's rl�hts h th� Propsrty(suoh�s <br /> ia proceodhp N b�nkruptoy, probate,lor condtjrnnRtlon or foAoRure or to enforce lewe or r�pulatione),thd� Lendor may do and p�y far ■ <br /> � whateva Ia masa�ry to proteat the valu�of th� Propsrty end Lend�d �bhts �(„ „ c�' Ra„��sansble atto ey e(oes Qnd.� , J <br /> any Lums�urC�by n�!!� whlch hae prlorRy owr thw SeCUrity Instrumsnt, �pp 0 �� + <br /> onterhp on th�AropKty to mtk�rpdn. AhouOh I-M�GCr rtt�Y ��k� �otbn und�r lhls p�raynph i,LMdYf dOQ9 f164 h4Y0 l0 AO 60. �, <br /> My tmounts tlbburad by L�ndK undK thls p�npnph 7 dhall b�ooirN addRbn�l dWt af Bonow�r e�cursd by thle S�curky! �. <br /> Instrum�nt. Unl�� Bertow�r and L�nWr�prn to othK l�� 01 p�ym�nt, thes� �mount� �h�N b�ar ht�tt iram th1 dab of -. <br /> � dlsburc�m-nt nt the Note rete and shoil be OaY�b��wkh ht�rest,upon nol�e hom Lend�r to Donowe requ�sthp payment• <br /> 8. Mortys�e Inwranee. If L�nd4r rlqutW moRptQa In�urana aa a condllbn o! en:!clnp tho loan GCCUrCd by thls� <br /> Secuiky Inatruma�t, Borcowa ehell p�Y tN prr+nwms requhW to m�htah th� mortp�p� hsunne� h effYCt. If, (or �ny rMaon, tha� <br /> mortyaqa Insunnca covsra�e requirod by LMider I�paes or esas�s to be N eHsat, Bortow�r ahall p�y the premiuma nquk�d to obtaln <br /> aovanpe subatantitly oquNaMnt to tho moR�pa hsuranc� prwbusy in �kao6 al a �oat substantialy equNel�nt ro th� aost to _ <br /> � Borrowa of ths morty�ps heunnce pre�ousy In et(ect, hom tn �Kemtt� mortpafle hsuror npprovad by Lendtw. If subsuntlalry <br /> equivaMnt madye�QnCQ p���h�p6idt 6y BorbrowKOwhen ths hturanc� ownp� M�Psed oh CKUSd to be h �fhct W L�nd�wW - <br /> yaary mortgap� Inaurancs. Losa reserve payments nxY no bnQer bo V <br /> � accept, use �nd rotah thsss payments ��a bas roasrve h Ibu ot m�rtp�ps <br /> requted,at the aptbn of L.bn�er� N martp:F% b��«�g covere9°(h ths amount and ior ths period th�t Lendar rsquYss) provid�d by � <br /> an hcuror approwd by Lender ayah baor*ws QvalkbM �nd N obuhod. BortowK shaA pay lha pramlums raqulrad to ma��ta�� �V d:�� <br /> � morty�qo inaurana h o(isat, or to prov�ld a bss ns�w�antN th� requYan�nt for mort�p� haunnce ends h accordar►c�wkh �ny . , �_, <br /> • wrkten pns�rn�nt hetwam Bortowa and Undu or a9pliasbk faw. •�r��'�`"�+%�'r- <br /> � ti�_._.�... <br /> 9. Inspection. Lender or ks a9�"� �►uY �o ►�aontbb ont►bs upon and hsp�ctbns ot the propaAy. Lendar ahaN p `�_� <br /> BoROerer not�e et the tlme ot or prbr to a inapeotbn speoMyhp reaaonable csuse for the hspectbn. � <br /> 10. Candemnatlon. The proceeds of any awud or claim for d�maQas� dPect or conssgucntlal, !n eonnrctlon wRh �ny �=;__ ___ <br /> ' condemn4tbn or olher ttkhq of any part al the Property.or for conveyanca in Iieu of condertu�atbn, are hereby essqnad and shell be �«-�_�_•- <br /> paid to Lender. ���� <br /> In the evant of a total takhp of the PropertY, the proceeds shA� be appfied to the sums secured by this Security Instrument, I,T_^. <br /> 4 � whether or not then due, wNh any exce9�pald to BoROwer. In the event o}a partill tekhQ of ths Propwty In wh�h the Iair market <br /> valu� of th�Property im►rxdlatay bston Iho talcinp b �fual ro or qreuer then the amount ot the sums s�cured by thle Securky ,� i•i_. <br /> Instrument Yixnedf�tey beforo ths Ukh�,unbas 8ortower nnd Lsnder othervvis� tQfrt Ifl MTRhQ,the sums a�cursd by thfs Secu�ity ,, <br /> � � Instrument eha8 b� roducsd by ths amount of th� procoeda mukipllad by the folbwhp haotbn: (a) th� total unount ot th� �um� <br /> ' ' secured ImseediateN belore tha takfnp, dMdad by (b)the fair muket vatue of the Froperty immedbtey batoro ths tikhp. My btl�na - <br /> r . _ .. • <br /> shaH be Qald to Bortower. In the eve�t d a Putia�t4kiny ot the Property fn whbh ths f�ir m�ricN vatuo of th� Prop�rty hxrMdktQy <br /> � � betore the ttkhq b less than the unount of Ihe sums secured Immedfatey betore th� t�kinq, unless Borrower and Lender oihKwisa .�;;,.; ; <br /> '' ',. ' <br /> _� �. aaree h wrltlno or untess eAPliceble IflM o2herwfse Providos, tha proceeds shall be apPlfed to the sums secured by thfs S�curily tf1...y. • <br /> T ` IngWment whether or not the sums are Ners du9• * <br /> : � If the Property is abendoned by Bortower,or N,aftsr notice by LendK to Borrowx th4t tha condemnor oHars to mak��n awud or '+�; <br /> seHle a alaM far dam�pes, Borrower faNS to napond to Lsnder wNh„ 30 daYs afte�the date the not���S qlwn, L.mds►M autho�d :i %� <br /> � to colleat and appy the proceeds,et ks optbn, ekher to restoration or repaM of ths Prope�ty er to the suma securod by thfs Securily . ; . <br /> InsWm�nt,whelher or noi then duo. � <br /> Unt�ss LsndK and Borcow�oth�rwk� apree h wrk„0� �Y epP��tbn of procNda to principal shaq not extend or pottpons ths ,. <br /> s <br /> " �� ���t� a����thy�y���Ne�b to In p�npnphs 1 �nd 2 or oh�np�ths unaunt of such paym�nte. ; . <br /> # 11, Bonower Not Relessedo Forbearance By Lender Not s Wdver. Extensbn o� tn. crrN ror pay�,Mnt o� <br /> �. <br /> madfflCatbn of amoRiiatbn of tha sums acund by thk Sacurky Inttrum�nt prant�d by Land�to u►y euacassor tn Interoat of Borrow�r s ,� <br /> ehaN not op�rab to nbaam ths WabiliQy of tM o►fOhtl BoROVwr or Bortowers succ�ason In htrsst. l.�d�r ehaM no!be rsqutrd to <br /> � commmce proc�edin93�What�ny aucassa h htenct or rNuse to sxtend tlms tor PaY►nent or otherwiss modly mwrtlutfon ot tM -"�� _ <br /> sums sacured by thb S�curily Instrumint by naaon ot any dsrtund meds by th� orlpinai Borrower or Borrowws succ�ssoro h � <br /> hterest My forbearancs by Lender h e�xcbbp any ►pht or rernedy shaN not be a waNer of ot prociude the eocxciss of�ny ripht or �`�' <br /> rertwdy. � <br /> ` ' ' 12. Succeaaors end Asei�nt Bound; JoUt and Several LlabQtry; Co-ai�ners. rne coYOnan�a �nd _ <br /> ayreernente of thls SeCUrity InsWment 6hsN bad and benefit the sucCBSSOre end assipns of Lender and Borrower. subjeot to th� —�� <br /> provbbns ol pul�praph 17•BoROwer'3 covonenta tnd �Droe�nlnta shaN ba Joht and sever4L AnY Bortower who co-syns lhb S�curNy <br /> :. <br /> :, <br /> , .`:►' Instrumsnt but dws not nucut� the Note: (a) b caslpnfn9 thfs Securky InaWmant ony to moRp�p�, p�ant, �nd conwy t at . <br />� • ----- <br /> gortow�s ht�st In th�PrupKty undr Ihe t�rms of thB Sacurity Insuumant; (b) Is not p�rsanoly obll�sted to pey ths euma aaur ��__ �� <br /> that I.endK�nd a►y other Bortower m�Y epree to extond, modiy, to�bear or m�k� my !'= <br /> � by thb S�curky In6lrumM�t; �nd (o) ap'�es - <br />�''' • accortimod�tbm wfth rop�rd to tem�s ol tb�l�SacurMy Instrurnent or the Note wRhout that Borrowa's cona�nt. _____ <br /> ° � • x�.'� 13. LO!!D CIt�QO�. If th� b�n sxwsd by this S�cuNry InsWment Is sub}aot to a kw whbh csts maximum IoYn chivp�a, __ <br /> �nd lhat kw b finaMy M►tuprotsd so thtt the hterost or other bm oharpus coNectad or to ba ooNentW h conn�Ctbn wRh th� �0�1 '=,thv <br />_ ,,� � �� tM�I��d Iimks�them (a) eny such kun chupes ehaN ba reducad by th� onount nec�saary to rodua th�charp�to th� �, <br /> psrmNtsd�nk:�nd (b)my 8uma elreaQ�coNected Nom Borrower wh�h exceedod perm�ted Nmks wN1 b�retunded to Borrower. I.�nd�r � <br /> .. � ' ' F+.: <br /> may ohonse to msln this rNund by Muolnp ths prhapal owsd unGr the Note or by maktnp a dPeat paymsnt to BarowK. It a <br /> ` reNnd r�ducea pnc�fptl,tho raductbn rq be treated as a parll�l propayment wRhout any ProPeYmsnt chupe under the Nols. .':',_:?�„_ �,,�•.._ <br /> ' � 14. Notlaes. Any not�e to 6otrower provided for in thls Sicurky InsWmont shaM be 0� hy ��np R or by maNhp k by .�..;;�;;..., ._,.. <br /> .'�:.•,,,:� ,. <br /> first class mail unlesa applicabN Mw nqu Wa uas of �nother method. The notbe shtN ba dlrected to the Propaty Addro�s o►mY °• L ..,,,.; ., <br /> ( other address 8orrow�r deatgnatea by notfa to Lender. MY notfce to Lender sheq be flMe^bY ftst class maN to Lender'a tddnsa . <br /> � sta(W heriln or�ny othK ed6nsa t�nd� dostpnates by nottce to BortowK. My notic�provided for h thfe S�curky Inttrument th�N .,. . <br /> pe dew»ed to htw bea�pMer►to Bommver o►Leader when qhren as Provided Ye thb panpraPh• • � <br /> ' 16. Governinp Law; SeVe►lbflity. Th�s Secu�ity Instrument shan bo oovertted by tedenl law and the law ot ths <br /> Juritd�tbn h whtah the F�opKty Is ba►ad• �n the rvent thtt nny provisbn or e�use of this Sscurity InaVument or ths Note contMcta <br /> wkh applc�bN law, auch conffiat shtl not tttsct other provfsiona of this Security InsWm�nE or the Plote which can bo qNm MNCt <br /> ` � —._.� WunN�t tn.conAictho arovfslon. To tAY dnd the provisbna of thls Securky Inetrument u►d the Nota iue decYred to be severtble. <br /> .-_-_. . -- —_ '.^"-- - <br /> "' "-'- --._....� �r...i..�...i.......n� __. ..---_ . ...-- <br /> 1�. Barrower'e COpy. Bortower shaN bo phra� one contortnea copy or me nace a.��. .�����-. •••---�.�-.- ----_- - _ _:- _ <br /> 17.7ramter of the Property or a Beneflcfal Interest In Bonower. I} nN or eny p0rt of the PtopeRy or �ny <br /> Interost h R b sold or trenslerted (or 1 a benefictnt hterest h Borrower Is soid or tranaferred and Borrower Is not a naturat percon) <br /> wkhout Lendera P►br writte�concant,lendu maY� at Ita optbn, requiro knmediate payment tn 1ui1 of all sums seeured by thls Securky <br />— Inswmen4 However,this optbn shall not be exorclsed by l.ender Y exercise fs prohibked by federal law es of the date of thfs SeCU�ity , ,. <br /> s InsWmsnG � <br /> • �} �qi�r�.rercb�s thls optbn, Lender ehaN pNe Borrower not�s of aCCeteretbn.The notice 8h8M provide a period of not lesa than <br />- � 3p �ys kom lhs d�ta the notk�a b deNered or milled wkhfn which the Boaawer must pay aN sums secured by this Securky <br /> InsWrttent. If Borrower hfVa to pay thne suma prbr to the e�lretbn of this pExfod,Lender mey Invoke nny remedbs permitted by thb <br /> ` I form xaae aico <br /> Sscurky Inatrument wkhout lurther nothe or demand on Bortower. <br /> � , � -� FtOJY.LMO(2/i61 Pap�9 ot 6 .. <br /> ' ' I <br />� . 4SS --� ... - .,. <br /> � <br />