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<br /> 1ubstunti��lly cquivUlcnt�nartgc�gc intiurnncc covcraga ih nut uvailablc. Borrowcr shall pay w lAndcr each month a�um equal ro
<br /> unc-twclf'th uf'thc ycarly mortgagc inhurancr pnmium hcing paid hy Horrowcr wh�n thc insurancc cuvcragc lupsul��r ccasccl tc�
<br /> bc in cffcct.I.cndcr will accept,unc and retuin th��c ps�ymenls��s a lu.s rc�crvc in licu of mortgngc in�uruncc. L.oss rtscrvc+y
<br /> paymcntti muy nu lungcn c�reyuirrd.at�hc option of I.endcr, if martgupc insurunrc cuvcragc(in lhc amount and tin�Ihc period 1
<br /> d�ut Lendce rc�uires)prc�vidcd by un ir2;;urcr+ipprovcd by Lsndcr uguin tx:conus uvailublc and is ubtxincd. Itorrowcr shall pay
<br /> thc prcmiumy rcquircd t�� mnintain nwngagc insurance iu cffcct,or to pruvidc u lu�s rc+crvc.until thc rcyuircmcnt ti�r mon�;agc �
<br /> insurance ends in acc��rdunce with uny written.�grecntant hetween Brn•ruwer and I.ender ur tipplirablc law.
<br /> 9, InspecU��n. Lcndcr ur itti ngcnt muy mi�ko rcu���nablc cntricti u�x�n and ins�x:cti��ns oP tltc Prupertv. I.endcr shall Sive
<br /> Rorr��wcr noticc nt thc timc��f ur�rior w an insp�xNtm spccifying rca,onuhlc cuutic for thc inspcction.
<br /> 10. (;r►ndemnutlnn.Thc prcxeedx of any awnrd or cl��m for di►mages, direct c�r runseyuential, in cunnectiem with any
<br /> condemnution or other t.ikinF of any purt��f the Properry, or fur cunveyance in lieu af condeumation, arc hereby ussigned cind
<br /> tihall bc paid to Lcndcr.
<br /> In the event af a totul takin�t of the propeny,tha pruceeclr�shall 6e applied to the�unts sr,curcd by this 5ecurity ln�trun�ent,
<br /> whcther or not then due. �vittt any cxcess pwd to I3nrro�ver. In the cvent of u partial tuking of the Property in which thc f;tir
<br /> markct value of thc Pmperty immediately before the tnking is equ:d tc�or greater thun the amount of'the sums secure.i by this
<br /> Security Instrument immr.diut�ly before the taking, unless 8orrower and Lender otherwise ugree in writing, the sums secured by
<br /> this Security Instntment shuli br, reduced by the �mount of the proceeds multiplied by the follnwing fraction: (u) the tatel
<br /> amount of thc sums Sccured immediately t►efore the tnking, divided by (b) Uic fair markct value of t{tc Propeny imtnediately
<br /> beforc the tuking. Any bnl�m�c shall be paid io Bnrrmvcr. In thc cvent af a pnrtial taking of the Property in which thc fair
<br /> marhet vulue of the Property immediately before tho tHking is less than thc amount of the sums securcd inunediately beforc the
<br /> tuking, unless Borrower and i,ender othe�wise agrec in writing or unless applicuble lAw othe�wise provides, the proceeds shall
<br /> be applied to thc sums secured by this Security Instniment whethcr or not the sums arc then due.
<br /> If the Pinperty is abandoncd by Burrower, or if, uRcr notice by I.ender to Bc�rrowcr that the condemnor offcrs tu make an
<br /> uward or setde a clsim for damages, Barrower fails to respond to l,ender within 30 days After the dute the notice is given,
<br /> Lender is autl�orized to collect and Apply the proceeds, ut its option,cittter to restorUtion or repair n(thc Property ar ro the sums
<br /> secured by this Securiry Instrument,whether or nat then due.
<br /> Unlesa I.ender and Borrower othenvise agrca in writing, any applicntion of procceds to principal shall not extend or
<br /> postpone the due dute of tlie monthly paymcnts referred to in paragruphs ! and 2 or change the amaunt of such puymenLti.
<br /> 11.Borrower Not Released;I�orbearunce By I.endcr Not a Watver. Extensian of thc time for payment or modification
<br /> of�unorti•ration of the sums secured by this Security Instrument granted by Lender W any successor in interest of Borrower shall
<br /> not operatc to release die liubility of the original Barrowcr or Borrower's successors in interest. Y.cndcr sh;ill nnt bc rcyuircd tc�
<br /> commence proceedings against any sucees,nr in interest or refuse to extend time for payment nr otherwise mcxlify umortizution
<br /> of thc sums securcd by dus Sccw•iry Instrument by reuson of any dem,uiJ mudc hy the originul sorrowcr or Ri�rrnwcr's
<br /> succesuirs in interest. Any furbcuranre by L.ender in exercising uny right or remcdy shull not be u wuiver i�f ur preclude Uie
<br /> exercisc of any right or rcmedy.
<br /> 12. Succec,�rs und A�.tilg�ty &�w�d: Jolnt Nnd ticverul Llabllity; Ccr•stgners. TI►e covcnuntti und �igrecmcnt� nF U�fti
<br /> Security Instrument slinll bind und Ix:ncfit thr �uccesu►rs und ussigns of L.e�xier and Borrower, subject to �he provisions of
<br /> pur:�graph 17. &�rrower'y covcnunts and ugrecments nhull tsc joint and ticveral. Any Bnrrower who co-sigm thls Se�:urlty
<br /> 6istrument but dixs not execute the Note: (u) is co•�igning this Security Instrument only ta monguge, grunt und cnnvey that
<br /> BolTOwCr�iuic�r�i iii i�iw`�'�:.�'�rt�Lrc:er Slse tcrsns:�f!liis Sec•�!�•ir� ����rr��n,�nt; (b�iti not personvlly obligated to�uy the sums
<br /> securcd by diis Securiry Instrumenr und(c)ugrees thitt Lender und any other Borrower may agree to extend, modif`y,furbe�r or
<br /> muke uny accommodutfons with regard to the terms of this Security Instrument ar the Note without that Borrower's consent.
<br /> 13. Loan Chargey.lf tlu loan secured by this Security Instrument is subject to a law which sets muxinmm loan charges.
<br /> and thut luw is finnlly interpreted so that the interest or other loun chorges collected or to be collected in connection with the
<br /> loan exceed the permitted lim�ts, then: (a)any such I�nn churge shall be reducal by the amount necessary to reduce the charge
<br /> to the permitted limit;and(b)any sums.ilready cullectcd fm�n Bonower which excecded permitted limits will be rofitnded to
<br /> Borrower. Lender mny chaose to make this refund by retiucing the principal owed under the Note or by making a dircet
<br /> payment w Barrower. If a refund reduces principal, the rcciuction will be treatec! as a paaial ptcp�yment without any
<br /> prepayment churgc under the Notc.
<br /> 14. Notices. Any natice to Borrower provided fnr in this Security Instnnnent shall be given by delivering it or by mailing
<br /> it by first class mail unless applicuble law rcquires uso of unother mcthod.The notice shall be directed to the Propeny Adrlress
<br /> or any other address Borrower designates by notiee to Lender. Any notice to I.ender shall be g+ven by firr,t class mail ta
<br /> Lendcr's address stnted hcrein or uny othcr address Lendet designates by notice ta Borrower. Any notice�rovidal for in this
<br /> Security Instrument shall be dcemed to hnve been givun to Aonower or I.endcr when given as provided in this patagraph.
<br /> 15.Covern[ng Law; Severabllity. This Sc�►irity lnstrument shull bc governai by fecleral law and the luw uf the
<br /> jurisdiction in whiah the Property is located. In tho avcnt that uny provision or clause of this SeAi�rity Instru�nent or the Note
<br /> conflicts with applieable law, such conflict shxll not affect�ther provisions of this Se:,urity Instrument or the Note which can be
<br /> given effect without d�e conflicting provision. Ta this end the provisions of this Security Instcument and the Note are declared
<br /> to be severabl�.
<br /> 16.Borrower'S Cupy. Borrower shall be given one conformed copy of the Note und of this Securiry Instrument,
<br /> 17.Tcstnsfer ot the Property or u Deneflcial Interest in Borrower.If all or any part of the�roperty ar any interest in it
<br /> is sold or transferred(or if;�beneficial intcrest in Hnrrower is suld or transferred+jnd Borrawer is nut a natural person)without
<br /> I.ender's prior written consent, I.ender muy, at its option, require immectiate payment in full of all sums secured by this
<br /> Security instntment.However,this option shull nat be exerciseci by Lender if'exercise is prohibited by federal law as of the date
<br /> of this Sccurity Instrument.
<br /> If Lendar exeni6es this option,L^nder shall give Bon�wer notice of acccleration.The notice shall provide a period of not
<br /> less than 3U days from the date the notice is deNvered or mailed within which Honower must pay all sums securcd by chis
<br /> Security Instrument.If Borrowcr fails to pay thesc sums prior to the expiration of this period, I.ender may invoke any remedies
<br /> permitted by tltis Sccurity Instniment without furthcr noticc or demund on Bonower.
<br /> 18. Borrower's Ri�ht to ReinstAte. If Borrower mccts certain conditions, Borrower shall have the right to have
<br /> enforcemont of this Secunry Instrument discontinuecl ut any time priur w tlm eurlicr of: {a) 5 days (or such ather period as
<br /> upplicnble luw mKy specify for reinstatement) before sale of the Propeny pursuunt to any power of sale contained in this
<br /> Security Instnimont:or (b)entry of a judgment enforcing this Security Instrument.'fhose conditions arc that Borrower: (a) pays
<br /> L.ender all sums whlch then would be due undor this Sccurity Instrumcnt atxl the Note as if no acceleration hnd cxcurred;(b)
<br /> cures any default of nny other covensnts or.igreemants; (c) pays uU expenses incurred in enforcing this Security Instrument,
<br /> including, but not limited to, reasonable uttomeys' fecs; und (d) tukes such uction as Lender mny reasonubly require to assw�e
<br /> thut the lien of tltis Security Instrument, Lender's riglus in the Property and Borrower's ob{igation to pay the sums secured by �
<br /> this Security inbtrument shall continue unchanged. Upon reinst�tement by Borrower, thi:; Security Instrument and the ''�.,
<br /> oblisut[ons secut�ed her+eby.r•hall remuin fully effective ns if no aceelerution had occurred. However, this right to reinstute shall °i
<br /> `�
<br /> not apply in thc casc oY accetcra[ion under paragrapi� i�. -„
<br /> 19. Salu af Note; Chunge ot Loim Scrvicer. The Notc or � partial intcrest in tbc Notc (together with this Security
<br /> Instrument)muy be sold one or more times without prior notice to Borrower.A�ale may result in u change in the entity(known -���
<br /> as the"I..�un Servicer”) thut collects monthly payments due under the Note and this 5ecurity Instrument. There nlso may be one
<br /> or more chnnges af the Loun Servicer�nrelated to a sule uf the Note. If there is u change of the Lnan Servicer,Borrower will be
<br /> given written nutice of the chunge in accordunce with puragraph 14 ubove and upplicable taw.T'he notice will state the name and
<br /> address oF tltc new I.ot�n Scrvicer and the addre�s tu which payments shoulci bc made. 1'he notice will also contain any other
<br /> informution required by applicable law.
<br /> 20. Hattu'fI1111H SUB9I�IICCS. Borrower shall not causc or permit the presencc, use, disposal, storage, or release of eny
<br /> Hsizardous Subatunces on or in the Property. Borrawer shall not do, nor ullow unyone else to do, anything affecting the
<br /> Pr�perty thnt is in violution of uny Environmcnml L�w. The preceding two sentences shull n�t apply to the presence,use,or
<br /> storagc on the Property of smnll quantities of Hazardous Substances thut arc generully recognized to be appropriate to normal
<br /> msidential uses and ro nminten�mce of the Property.
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<br /> aopn 3 0�a �'1 f�Mf 3Q2� 9190
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