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<br /> ` . `- .ub.tantinlh ryun:ilcnt nu,rtL.�Le in,ur.mrr rr�r�.�_•r i,n�n a�.�ilahli.B�,rruarr �IIdII �d� ,r i.�n.i�r�a:h mrnth e.un��yual to .�,��. � .,:-:"
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<br /> . � i�ttrduelCih��I�h���:trl� muningr in,ur.�ncr prr�uvam hru�i p.��d h} &+rr����rr �+kicn th�•m.ur,u�i�r���craLr le .«i�x«ak�1 t�, -----
<br /> ` ' .. .. . hC�n�tf�ct. Lcndrr.��11.ucrpt.u..r and retam th�.�pay-mrnh�• .1��t.� �C\CRC Ifl �iCU OI lilUCt�.11i �tl�Uldili�' �_�»� IC�iI�C ,Y �. ` .
<br /> ��� . , , p:��ment.mrt m, I�m•,�r be reyuirctil, at thc aptinn c+f LenJrr. d mnrtges:�in.uran.r�n��r.�,��in th�.,muunt.�n1 li�r th�pentxi � _;
<br /> . . . l h a t l x ti t d er re�yutr�.i prutiided M an in.urcr�p}�n,�•cJ b} L�nder ai�m h«�,mc�.��:►d.,blc.�nJ�. ��ht.�mrd Hurrua�r .hel! p;�� �g ,.,-,.,
<br /> ' ' `� • thr�rrmiwn.r�yuirrJ tu m:tmtaim m�nga=t m.ur.�i:���n etCe�-c.ur!.�rru��dr.�1�,..rr�rn�.unu! t hr r�ywr�m�u t li,r m�,r tg a�:e 6 . : _ .
<br /> ` ' i�i.uranc��nd>m arr��rdanc�w�th:un ��r�tten.i,rremrnt hrh�rru Burr��c��r an.i L�n1cr„r appt�cablr IaL�. �c
<br /> ,. � ` • 9. Impeetion. [.cndcr�,r ih agrnt nu�� m•rhe rca•��naM�rntne.up�,n,�nd�mp�►u��m ut die Pr,,�rm. Lrnder.hall �i��r� , • �
<br /> ' ' &•rc�x►er nntire at ihe timr uf ur pn�,r ta,�n m.p�ttiun,peah uig rraum.�hlr esu.r t���the�mp�iu��n. -
<br /> �, �--- - - 10. Condem�tion. Thr pnneeJ��,1 .m� r��ard ur iiaim i�u d�uta}*�.. Ju.;i �ir:un.�i}u�nti:sl. !n i�•nr:rrri�.n .c�th .+m� _ _ .,_ _
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<br /> _ , . . rundcmnstiun��r uth�r tahro•_ .,f.�m pan uf�he Prup�rt�.��r Ior c�,rn •}ancr ttt Iteu .�i conJ�nm:uian. ar�h�nM a..�rn�J�nJ� `�`. `,F'.. -
<br /> ' • � .hal1 h�paid tu L.cndec ° ' . _ '` ' .
<br />. . 4 � . ' IIl[IlC C\Clll aN Y l�H:II!:l{�tilt.�t lhc P[t►�ri�. Ifi�pmtitJ+�hall hr:r�+phcd tn the wm.,�tiurrai h� thi.Srrunty Imtrument.� • .
<br /> . � whrther �.r nut lhrn Jur. ���th am t���,• p��d tu Hurru��rr. In thr r<<nt �,t a partial t;�l�►ng „t the Pr��ptrt} ro .•hirh thr tair _�'c :�° .'
<br /> -= - - mart.�K�:�ur ui the Pro�xrt} �rtmir�liatrit thtixe thc tsl.m�i�:yu:d u���r;_re.�ter than the amuunt uf th�+uui,�ccur��i h} thi, � � . _
<br />.�• , `'•t� _
<br /> .. Sc�uru� In.trument�mmrJiatrl�heture thr tal�tn�:. unl�-..Borr����er and Lertder��thrn��.r 3�nw m ununL. chr wm,.�tiur��i h� .�;,,��
<br /> th�� S�tiurit� In+trumrnt ,n:,n n� ���:�� n� thr am��unt ��f the prur.x'J. mu{tiplic.�i h� th< <��ll.»�ing fraruun: tai tha tutal �.� F,,_., �,•�.: � •
<br /> :untiurt uf the,um,�cwureJ immedi:�t�l} heti�rr thr tal:ing,dicidc�l h� �b►thr tair marl�rt �aluc uf[hr Pruprn.• immrd�a[ely • �;. _�,;;° �';_
<br /> ' heti,rr the tal�mg. �ny bslan��c,h:ill lx p�id tu Born�wer. In the rvent �,f a p:�nial t:�kin�e �,t thc:Pmpert�' m�tihich thr f:tir c� .;;.L�.�:
<br />- � marl.et�alue of th�,Prnocrtt immctiii:uel� brt��rr the takin,i.Ir,.than[he amuum�►f the yum+�ecureJ imme.iiatrl� hetixe the �
<br /> tat.in_.unlc�+,Burruwrr anJ L�ixler ��thent��r agrc�c in��riung ur unlc�+,�ppl��ahlr la�t utherni�c pr�,cidr. thr pru�c�d, .halt .�..',�:,-;..:;.;.,::;+t;'�:
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<br />`� . , ."; be applied t�►the.um++ctiurctil b} ttn�Sccura� Im[rumcnt�.heth�r��r nut th��um.are then due. :..f���•. .•..
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<br /> ' If the Pruperty i5 abanduncJ M� B�ur��ti►�r.��r ii.after nutiu h�•t-�nder tu Burra��tr th:u the cundrmnur nll'en tu�nare an •
<br /> z ` `� ' aw:�rd ur .ritle a cla+m fur d:mwte.�. B��rr„��rr Caih tu r�hp�,nd t�� Lcnder aithin �(! Jay� 3fL:r thc date the n�ui�r i. gicen_ y t�-,.
<br /> - Lender i.authunre�l tu collc�t rnd apph thr pr�xrc�l+.at it>��ption. e�ther to re.toratiun us r�:iir a�t the Prapert} ur k�thr+um+ _ ;�.�Y
<br /> " • �c�ured by thi.5c�urit? Instrumant. whether nr not then dur
<br /> • Unle+s Lender and Borr��aer ��thenti�c :�gr�ti in «nung. an� applicstion nt pnxnd, ec� pri�u.ip:al �h:il� nuI ertend ur '' }_
<br /> � _ pn+tpone the due date of the monthly pa�nient.refrrr�l tu in paragraph,1 and 2 or chance the urzJar,t uf.uch pa�ment,. , Y
<br /> `' ' !H_�arrower\ot Relea+ed: Forbearunce By Lender 1ot a ��al�er.Exteaiiun of the U�r fur psyment nr moditication
<br /> � uf am�Trfii::run uf thr,um+.c�urcJ by thiti Se�vriq In+trumrnt granteJ b� Lender t��any,uccx�.���r-ia:ntere+t uf Borro«er+hall ;`f.°;
<br /> . nut i�perts t��rele;�r thr liability uf the ungm:il B<�rrm��r ur Borruucr'+�urcr+wn �n intere�[. [..G�t�:�r,ha11 nut h�requircJ to ���:.,:..
<br /> 'l " � ,- rummence pm��cuz,�.agsin+t any �uc���+or tn inter��ct c.r refu�e tv etitend Iime for payment arcalu.�.A�e me�dify amortuatiun _ .
<br /> - -. of the sum� +ec:�rv�.'±y� thi, Sc�urit}� lmtrument by rca,un uf an}� demand made b� the origi:r:L �:r-rt�u�cr ur Borro«er',
<br /> ' `- s�cce+si�r+ in intere�t. Anq fi�fi�arance by Lender m erera+ing an� rieht or remealy +twll nu[ [�:a���.:n:er uf ur pre�lude the . � ,.. '�� �
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<br /> ,` . >, � �.' . exercitie of any rig.t:t ur remni�•. ' . ::
<br /> , 12. Succe.cso�s and As.signti Bound;Joint and tie��er.sl Liability: Co-si�ners. Thc r��venant� anJ agrermcnt, af thi� ; r`r,,'� �.
<br /> ' � r ' ' Se.unt}• Imtrumem�*a!I binJ and lxneiit the wcc«K►n anJ a.+iga�uC La:nder:u�d Burrower. �ubiect tu the pruvi�ions oi ,,��:
<br /> . , , ' paragtaph 17. Bvrn*•a�::'s crn•enant� anJ agr�ment, +hall t+�joint and .ever.d. An�• &irr��wer «h�� cmtiign, thi. Security . ;;" '.-�;
<br /> �% �`.:`�;�, .: � In�trumrnt but�lcn;.erv execute thc Note: ��t i>co-+igning thi,S�curity Imtrumem �mly to mortg.a:�_�r.►nt anJ convey that ._:'`;{�_�-e�,.'
<br />'"�;i.. �'.� � Barr�ma'>in[cce�x�a the Propeny under the trrmti of thi,S��urity Ins[rument:lb► i� nnt penonally r.hli_=aG:d tu p�y the tiums '�:�'�•.,.;`:�. �'•:,:
<br /> =�;t,t-�: `.i�. ••',�<<;:'r�-.. .;� �
<br /> .'.;s �•'•:�;E,�;.ht tiecucc�a'`�• :fii+Security Instrument: :snd Ic1 agree+that I.,ender and any uther&�runvrr ma�•aeree to e�rtrnd,mnJity.ti�rhe:u or , ,���,;�� .
<br /> :� £� i ;'�= m;il:e an_+.accnmmixlatioru with reg;rrd tn the te.•m-s of thiti S�r4rit}• In.trument nr the Note�ti•ithuut that&�rrower'y con.ent. '.,; c;� ��.. u
<br /> . _
<br /> -�"`' �;;.;?4,.' � !3. Loan Charges. If the Ician,ecured b} r�.i,Srcurity ln.trument i+wbjr�K u�a law a�hich tieEs.^.aximum loan rharce+. _ ,,;`
<br /> E '"'��'f�• ' and that law is fin;Jl�: 'r,�terpreted ���that thr �r.c:�:,t��r uther luan charge,c��llecteJ ur tv be cuttea�.:.'.. .r cunnection with the
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<br />-_�,{%:•:. ';_.f;�`,, �� "�: luan execeJ the perr..:.�e;i limit,. therr ia►an� ,�_h luan charge,hall h�r..�w�.i by the amuunt cw..+�� to ruiur�the charge .,:�"-
<br /> tu the perniitted lirr.::. and Ib)any sum.ti alrudy cullected from B�►rn�wrr ��`<<��xc�r�ded�emtit:«i`�:a�:�=�will he mfunded to y-• ,�i,
<br /> � '�,:'� '` Borrower. Lender may choose to make th�� refund by ralucing the pnncrpaf owe.f ur•.:c.r che Note ��r Hy making a direct ��y a.,
<br /> _ � .';,�`' :-':``':� payment to Borrrnver. If a refund reduce. princip�al. thc reducti�,n w�ll be tu:ate� :� a p:►rtial prepayment wi[hout any •,.,'•;•;r-'``
<br /> : prepayment charge under the Note. ��
<br /> ' • 14.Notie�. Am notice ta Borrc�wrr pro�•idnl for in thiti S�tiurity In+trument�hall be pivrn by dc:livering it or by maiiing �"y ,,,
<br /> - � • , it by fir�t cla+s tnail unles+appGc3ble law reyuire�.u�e uf anolher�nethod. The notice +hall be directed to the Property Address ,:;r
<br /> �"•`��.� or any other addre�� Borrower dc�ignatr.r b�• natice tu L.endrr. An�• noticr to I.�nJer �hall be given by fint cla�� mail to
<br /> :,��,i�.,;.
<br /> Lender•y�'_drels Stated herein or:s.ny other addre�.Lender d�ignate.by notice ta B��rrawer. Any notice pravidc�l for in this ,
<br /> ; � " - Securi!:.Y i=;-;rument shafl be dcemed to have been�iven to Bc.m�.er or l.ender��•hen given ati provided in this paragrapb. _
<br /> .�,' ' �' r, •i GS��YCTI11Elg I.B�Y; Severability. Thi� Security In>trament �hall bc go��erned by federal Lz«� and the law�of the . .
<br />_ ' }urisd_L.iun in wh:��z t�h�Pa�peny i,laatcci. Ln v1r:e�ent Ihat any provision or clau�e oi Ihis Secur�tti� la-crument or the Note ::,• ' ;`:
<br /> cantlict.with app..u:'z:e law. such conflict+hsi'n:+t aftect other provts�ons of thiti Securiry Instrumer,t�_.s d:t Note whieh ran be . • �,:�-
<br /> . gi�en effeet without the conflicting prorision. Ta thiti end the pn+vi,ionti of this Securiry :^.uroment a.�sd the Note aze dc:clared .:�'��
<br /> �" to be�•.erablc.
<br /> _ ,.' +�,, �' •`�,. ,
<br /> 't`_ � ���:' : I�is.Borro�Yer's Copy.Borrower�hall be given one conformed cupy u(the Note and ut�this Security Inurument. •
<br /> . � 'i�;-. ;' ;y t7,Transfer oY the Property or a Beneficial lnter�t in Borrmre�.If aU ar any pan of thc Propeny or any intereyc in it
<br /> , ,� is so13 or uansfcrrcd lor if a beneficial intere+t in Bnrrnwer i+,ald or trun.fcncd and Borro�cer is nat a natural persanl withoct
<br /> . • • � Lendei s prior written am.ent. Lt:nder may. at its opeion. reyuire immediatr payment in full of all �umt �ecured by Ihis
<br /> � � , �.`.F. Sccunr�!n.trument.Howevcr.thi�option rhall nut be exercisai by Lcnd�v if excrci.e i.prohibited by fedcral law ati of the date ;
<br /> '' of thi;��acurity In�trument. . .
<br />-:"':� "� • _ �_ L..°nder exerci�eti thiti option,l.ender shall g�re Bnrrnwcr nntice of acecleratian.The notice rhall pravide a�eR,*d of not •
<br /> f �e�s t+.�;.;� 30 dayti from the date the notice i.delicered ur rt;:ileJ within which Borrn�ver must pay all .um� serarkt by this
<br /> �•,; � � . 'r Suurity lnstrument. If Borr�wer fails tu pay th��.r,umy pn��r to the expirtUion ai thi.period.l.ender m:sy invoke aay remedie� � •
<br /> � �� • , ; permitted by thi.r Sctiurity lnstrum�nt�vithou�tur[�er nutice rr demand on Borm�vcr. •
<br /> ._�,,i � . . . •
<br /> � .; 18. Borrower's Rip,�t t�>> i.�¢ingtatr. if B��rraw�r mc�ts certain condition.. Anrrower .hall !t.;:� thr right a> ha�e •�y �
<br /> � .. enfonx.�ment of thi�Security tn>in�,ncnt di`contmueJ ut anp nme pr�ur tu the earliLr uf: Ia► 5 Jay� U�r.uch�nh�c per►�►c1 a� .
<br /> .';�� � • • .�� appiicah:e law m:iy specify for rein�tatcmcnn b�fore sale oi the Property pursuant to any powcr of�ale con!ainaf iii this . •
<br />.<�.:.� . � . .� Sc�.�urity lnstrument:or(b)entry of a judgment enforcing thi�Secusity In,�rument.Those conditions are that&�rmaes: la�pay� ` •
<br /> , , 3 Lender all wms which then �vnuld be due under thi, Sccurity Im�rument anJ the Note as if no accelerati�►n had uccurred: Ibl ,...,.;,. ..., .
<br /> ,. ., cure�any default i�f any nther co��enants or agreemenh: Ir► �ay� all expemes incurrcd in enforcing thic Security Instrument. f ,,..i+,.
<br /> -� � t.:., � :_,,.
<br /> _`�• • '� includinr. but not limited t��. mawnable au��tney+' fee�:anJ Id�take.wch action a.I�nder may rea�anably require to a�.wre :
<br /> that the lien of thi,Security ln�trument. Lendrr'�rights in the Prupeny and 6orrower.uMigution tu pay the wm..ecurod by
<br /> � this Securit�• Im�rumcnt �hall r�mtinue unrhangcd. Upun rcin.t�tement by Bc�rro�vrr. th�ti Security� In+trument and the
<br /> � i obligatiom�ecureJ herehy�hall renu�in fully effucti�•e as if no acceleration haJ�xcurrcJ. Hotvever, thi�right to rein.tate yhall
<br />,;-•.�, ' ' � not apply in thc ca�c of acrelcratiun undcr p�ragraph 17. • • -
<br /> - • � � 19. Sa1e ot Note: Chat►gc uf I.oan tie�icer. The Notc or a panial intere�t in thc Nutc Iu�gcther with this Security .
<br /> _ ' M.trumenu may hc M�W une or m��re timr+with��ut pri�►r nuticc t��Burro«cr. A.ule may n.ult in a rhange in the entity 1 knnwn
<br />-- � a.the"lwr.m Sen icer"1�hat cullect.munthly paymentti due undcr the Note and Ihi�5�tiurity ln�trument.There alsn may be one �
<br /> ot iuurr change+ut the Luan Sen�icer unrelatcd m a+ale uf ih�ti�ue. I�Ihere i.,i rh;�nge af thr l��an 5cr�•irrr.Borrawer uill be
<br /> _ �� givcn wnuen nuuce�+f thr rhanke�n acc�udancr with paragraph 13 ah��ve and applicable law•.The n�,tice will,i:+te the name and
<br /> �:•. • , � addre�ti at Ihe��e�+ lAran ticn•irer anJ thc addrc..tn «hich payment� .h„u1J he made. Thr nutice «ill ahu cunwiu any other , .
<br /> - ininm�atiun rcyuireJ b} applir�hlc law. •
<br /> , 20. Hpmrduu� tiUb�tane�w. N��rc�n�er .h,►II n„� c.w.c or pemut th; prn�ence. u�r. J�•p���:d. •toragc. ur rclw�e ��f any
<br /> Naiardou. Sub�tanr��. �,n „r in the Pn�pcny. ii�,rruwer .hall n�,t do. n„r allu�o anyunr ch� tu do. an}thmg aff�cting the .
<br /> • • , . . Property ihat i. in���,I:nwn at any i:m•�ruununtal law. '(he�T�«a��� �,«, •rnt�nc�.�hall n��t app!} t�,thr prr,rn�r. u�e. ot
<br /> ---- ----- .tnragc on the Prupert� nl .mall ya.ntutte�ut Il:uard��uti Suh�ts�t�r�Ih.0 are�:cnrrall� rccugnv��f tu he apprupnate t�*narmal - -.
<br /> -.-- - restdet�tial u,c.anJ ta manucnancr uf thr Pruprrl�
<br /> - •, Fann 1028 9�90 C' ' � �
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