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<br /> ` ;�4. . �b���ly����t-mort�age i�suranoe covernge is not availabie.Borro�er shall pay tn Lender each month a sum equal to *_�,-.
<br /> .�.::< `.0 �Y one-twelfth of the yearly�rtgage insurance premium being paid by Borrower�rhen the insur,uice coverage lapsed or ceased to .
<br /> ,`'��,t•, be in eft�ct-Lensicr will acx�ept.us�and tetain tfiese PaY�ts as a tos� reserve in lieu of mortgage insurance. Loss resenre� .````�
<br /> �'���� � . .. ,
<br /> _;1 r p�y���a Y t►��on gw(�e�qw red.at the option of Leader,if mortgage iasurance caverage{an the amaunt and for the pedod� .
<br /> . � -�.: ..
<br /> t6at i�ender requiresl Provi d�by�tt insnrer a�mved by txnder again becoraes a v a i l a b le a n d is o b t a i n e c i- Botrower shall pay � � .
<br /> � . . . � the premiwns recluired to maiataiie mortgage insuranoe in effea.or to prnvide�loss reserve.until the requiremezrt for moxtgage y :4
<br /> , «•� insaranoe enids In accordance with any written agreQment.betwceo Borrower and Lendes or applicabte law.
<br /> u n an d i e c t ions of the Pm p e r t y.lxader sha11 give�
<br /> . ..``` 9.Inspedton.tx�sder or its agcnt may malce masonable entnes po �P � ;�
<br /> .�` ,.�`��_� Borrower uotice at the dme of or pr�or to an inspettion specifylas reasonable cause for the inspectiote. ��_
<br /> .�_ . .�..::
<br /> :� �°�:r'.; IQ.C�ndemtiatton. 'ihe Pmcec�s of any awa:d or claim for damages.dircct or oonsequential•irt connecaon with asry �-
<br /> .< . ... t ian or o i h er t a k i n e f a n y p a rt o f t h e Pro p e rt y.or fos comreyance in iieu of rondcmnation.are hereby�ssi8ned and�
<br /> •v..�.��•<� , �'" shal!be a�p '�to lender. � �r
<br /> . y In the eveat af a total takiag of the Property.the ptoceeds shall 6e applied eo the sums secured by t�►is Security Instrnmeat, �.
<br /> .;�-�-�'��- whether or not then due• witl►anY exoess P�d to B ortow e r. I n t h e ev ent uf o partia!taking of the Propercy in which the fair `
<br /> .` .,4 � market vafae of the Property imsnediately befose tha taking is equat w ar greater than tlte a�nt of the sums ce�►red by this -
<br /> ' }l. . �5: .� ,:. 3eiauit},Iastn►ment emmed'eately 6efore the taking.�mless Borrawer and Lender athenvise agree ia writing,the sums secured by ��=_
<br /> �;.��� �:.�.;,�` t6is Sett�rity Insuument shali be reduced by the amouat of the Pmeeeds �nuttiplied by the follo�ving fra�tion: (al the total -_
<br /> . F�_ amount of the sums secured immediateiy before the taking.divided by(b)the fair martcet value of the Property immediatelY
<br /> ,�:�;., " . 6efocc the taking. Any balance shall be paid to Borrower. In the eveut of a partial taking of the P[operty in wfuc8 th�fanr _,,..
<br /> ' '`� market vatue pf the Pmperty�mmcdiately 6efore the taking is tess than the amount of the snms secvred immedia�ely before the —
<br /> •, ,`-`�::, taking,unle�Borrnwer and Lender otherwise agree in wnting or untess aPPlicable lav�othenvise p�ovides.tLe pmceeds s1�a11 ,,._..-
<br /> ��pl{���sums secured by this Security Insaument whetber or not the sums are then due.
<br /> �.. .,• If the peoperty is abandoaed by Borrower.or if.after notice by I�nder to Bor�wer that the condemaar offe:s to make an _s
<br /> ;.;,' ` awar�or settle a clmm for damages.Borrowu fails to tESpond to i�nder within 30 days after the date the notice is given. --
<br /> � �4( Lender is authori�d to rnllect and apply the pmceeds.at its opUon,either to restoratioa ar repair of the Pmperty or to the sums —
<br /> �� 4°�``•�" secured by tfiis Securicy Inswment,whr,ther or not t hen due. _-
<br /> ` �.' ,.. Unless Lendes and Borrower otbetarise agree in writing. anY aPPlicadon of pmceeds to prinapal shaq nnt extead or
<br /> �,. �.����r,;;`•:,.�, postpone the due daLe o f t h c a t o n t h ly pa S►m e nts refemed w inpara graptts 1 and 2 or change thc amount of sucb i oaYme�fi p t l o a ' --
<br /> 11.Bon+owcr Nat Released:Forbearaace BY L�ndee Not a Waiver.Exteasion of tQe nme for PaYmea
<br />'�•�`���.�,� of amortiz�ation of the sums secvred by this Security instrument graated by Lender to azry saocessor in interest of Bomuwer sha11
<br /> � • - °-��=,` aot opetate to release the 1ials�itY of the ong�nal Borrower or Borrowei s successors in iaterest.l-�nder shall�oE be r�quired to --
<br /> • commenoe pt�ceetlings against azry suscessor in inte�or refuse to exuad tune far payme�rt or otherwise modify amorti�ation
<br /> �.:+ ;, , �r;�',� of the sams secvred by tIus Secunty Instimmeat by reason o�f any demand�,bY�l aot bepa wa�'iver of or preci de di•e =`
<br /> .�.,�} ; � ... s u c c e s s o i s i n i n t e r e s t.An y fotbearance by I�nder ip exercum any right
<br /> , ' ��;f; exercise�of any rig3it or remedy. �s. The covenants and a� of this —_
<br /> ��.�� � l2.Saooessois aad Assigns Bonnd.Joiat aad Several Liabil[tY. Co�stS� ---
<br /> �� �� ,� gecurity Instrument shaU birsd and 6enefit the successcns ar�assigns o€Lender and Borrower. sublect to the prov�s�ons of
<br /> '`:r A�.�. .,,.,��:`;_• parag�aph 11. Borrower's wvec�nts and agceements shall b�j S n�i�'�°on By�omortgage, 8ram and oonv�dult �
<br /> . Iustn�ment but does not exerute the Note: (a)is co-signing obfi to the snms
<br /> ' � :i`: Bon+acv�r's interest in the Y�+nperiY under We tecros of this Sec.vrity Instrument;(b)is not P�� to eztea�r¢od'+fY yfoti�ear or
<br /> . :, .'•�` se�.vied hy this S�urltY Ins�en;�and(c)ag�es t�a�i,ender and aay other Borrower may agrec
<br />� 1:;::i� .. .,..��.`�
<br /> ��t�'�` . � make any acoommodaGnns winc�egard w[he tenns of this Sewriry Insaumant or the Note without that Bornmwer,'s.�c � es,
<br />�`��#�'�"�'�F'I '' 13.Loan Chs�es.If the toan seair+�d.by this Security Inswment is subiect to a law which sets maxi� �
<br /> .. ., ..,��,..r�.�..a>:�►P.�r���ther loan cha�s coltected or to be collerted; in.�n with the
<br /> s.�:i J�i�<_�-`:.,'..;�:: ;r••,.
<br /> f�;`��.r,-:.,,_•" '•:.,, ' ana imat taw is u�uiuy inn,:�.,..d., t��.°.'�"'�°.:
<br />;:;��<... - loan exeeeA the peamitted limits.tben:(a}:a�.��such loan charge s6alI�ea�duced by the amount awe�-��+-__�.
<br /> ,�t �' ' sums ay'�.fY ooltede8 from Borra.,ce�:which excerdeA pemiitted lizi�t�+��t:�,icefunded so•
<br /> mm
<br />:.e,��,� f. . � ` � W the permutted liml�and t�)anN
<br /> .�;5!t:, �. Borcower. Lender may choose to malce this refund by redaiciug the principal owed under the Nate or try:rnu3�gthoat any
<br /> �.•�ii,�,t_, "•� ' • payment to Borrower. If a refund reduces principaf. r)se;cEdnetion w�il be aeated as a Pari�a1 Prepa�- .
<br /> �.�� pnepaymeAt charge under the Note. °
<br /> -- .. `.-"= lq,]1���,pay notice to Borrower provided for in''�iis Security Instnunent shall be given by deUvering it or byAmailin�g �`
<br /> . . �a it by fizst class�aail unless applicable law requires use of�aother method.The notice shall be di�+ected to the P�oyertY
<br /> ��;;�f�,;�';�;�/,''..;�;'�: o: �'y�`�`�aaa����,�aa;y��eT�a�Lender dESigna e�s by notice to Borrowe�r.Any notice pro ded for ia this
<br /> ���,�'�,;, : _ Lender s address ,
<br /> '''1:��,a. , :' ��ity Instrumem shal!6e�ed to have heen given to Borrower or Lender when given as provided in this paragraph.
<br /> ::.� •� . 15.Governipg 1.a�v; �erebW1Y. This 5�urity' Instrument shali be govemed by fedetal !aw and ttte law o� the
<br /> � ����{', jurisdiction ia which the Property is tocated.ta the event that any provision or clause of this Securiry Insuument or the�1ote
<br /> '�';,'�,•.�� oonflicts with z�plicabte law.such conflict shaU not affect other provisinns of this Security Insm�ment or the Note which can be _
<br /> �''��` vL�of this Security Insuument and th$Note are decfat�d
<br /> `;;:E',�i„��.��. . .,, � given effed wP..'�out the oonflicting provisian.To this end the pro
<br /> ,:�`,��<,��; •.� c3 be severable. ,
<br /> ••��� , 16.Burrowei's Copy Borrower shall be given oae c��Eomied oopy of the Note and of this Security�•
<br /> _ . --•-- 17.Trensfer o!the Pnoperty or a 1Beneftda!Io:�s2:n Bnrrowes.if all or any part of the Praperty o�r tuz�interest in it '
<br /> � ° �". is sold or uansferred(or if a beneftcial interest in Borrower is sold or transferred and Borrower is not a nanua!�son)withou�
<br /> •�_ .'-''• .� I.endet's prior written conserrt. 1.ender may. at its option. require imme�iate payment 1n full of all sums secuced by�tlus
<br /> • Securiry Instrument.However.this option shall not be exerc�sed by Lender if exercise is protubited by federal law as of the date _
<br /> �'��u��� ° � nad of not
<br /> 1;.�., - of this Sec�rlty Insin�ment• . -
<br /> �'f}��l�. '� If l.ender exen�ses thi5-*�tion.iRnder shall ve Bormwer notice of acceleratian.The notice shall pmvfde a pe � _
<br /> :5��'�f`. . � . '. less than 30 days from thc�:e the norice is d.livered or mailed within which Evctuwer must pay all sums seau'ed by this --
<br /> � .' ...;: . �ecurity Instrument,if Borrower fails to pay these sums prior to the expiration of this pedod.Lender may invoke any rwnedies
<br /> ' . ..,?, permitted by this Security lnstrumem witiiout further notice or demand on Horrower.
<br /> 18. $orfower's Righ4 to ld¢iasLzte. if Borrowcr mcxts ccrLtin condit�ons. Borc�wer shall have the ti$1►t to have
<br /> _":':�'��` . enforcement of this Secnrity Instrument discontimied ae any time prior to the earlier of: (a)5 days(or such other periad as _
<br /> , , �. '::'`' ,', uant eo any power of sale canutined in this ' _
<br /> - ,- ;S--::_ ,;:;•,, :- egplicable law may sgecifg for minstatement) before sale of the PropertY P� `
<br /> ,::- • S e c uri ty Ins t r u m ent;os(6),e m r y of a judgment enforcing tbis Sece�rity Instrument.Those oonditians are that Bonower:(a?pays
<br /> � Lender all sums which tS�en would 6e due under this Security Instrument and the Note as i f no acce l e rn tio n had occurred:Ibl .-
<br /> � cur¢s any defautt of any other covenanu or asreements:(c)pays all expenses incurred in enforcing this Securiry Insuumert. F
<br /> � including,but not limited to.reasonable attomeys feeg:arid(d)takes such action as Le�er may reaso�ablY reelu���o��
<br /> ee.
<br /> � that the lien af this Security lnswment. Lender's rigttu in the Property and Borrower s obligadon to pay ehe sums secured bY _
<br /> this 5eca�riry Inswment shaU wntinue unchanged Upon reinststement by Borrower. th�s Sec�ity�Inswment ead the _
<br /> . • obligations secured hereby sha11 remain f�11Y effecHve as if no acceleration hstd occa�tred•However.this right to reinstate st�aU
<br /> not apply in the case of acceleradon under paragraph 17.
<br /> - �� � � 19.5ate o3 Note;Chsn$e ot Loan 3�vite� Tke Nae or a partial intetest in the Note(together with this Secudty ,
<br /> .��`. � � Inswment)maY be sold one or more cimes witho�pn�due tunder the Nowe and this Sei.vn'ty i t�nsttumem.g7'herealso�tnay(b�o�•� -
<br /> � '' as the"Iaan 9erwcer")that collects monthlY P Y g -
<br /> . or more changes of the Loan Servicer unrelated to a sale of the�N14�aU�o e�and appliqble Iaw�The ouce wili state t�he emme altd -
<br /> , . given written not3ce of the change in accordwce witb Parag�aA �Wd be made.The notice will also aontain any othet =
<br /> � address of the tiew[oan Servicer and the sddress co whicb paymetUs _
<br /> • ••� � infom�ation required by app�icable law. _
<br /> ' t0.HaTardons 5abstanc¢s•Eorrower shall noi cause or permit the presence.use. dlspasal. storage,or release ot any � _
<br /> ' ' � � Hazardnus 5u6stances on or in the Propetry. Borrower sHall not do. nor alt�w anYone else to dn. anythinS affectin8 ►be _
<br /> . .,�. � •
<br /> . : pmpetty thnt is ia violation of'nny Emironment�l Law.The pm.cedin�two seatences shall rtot npp�ybc tf►e�reseace.R�
<br /> - - stora�oo-she y uf sunil!s�antities of Hazardaus Substattces that are generally recognized aPP P
<br /> - resident�a]uses to maintenance of the Propedy. _.
<br /> .. ' ` Vaqe 3 014 fOtfiti$� 8/8� _
<br /> 7 ' .
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