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<br /> '�sub.t:m�iidly cc�ni��:ilcnt murtg���;r. in,urancc co��era�;c is n��t uv.�ilut�l�, l3or►wwnr rh�ll pay ti��l:cndcr'raeli m�iiuh u.um�qua! tn
<br /> unc-tw�clt'Ihni� thEyc�rly murig�►►;a in�ur:�ucc prcmium tx:in�; paid t�ylicttroN•cr�hcn ihc irniirynrc ru�'cru�;t lup,�xl ur c.�a�d to
<br /> ' tx ii�cltc:i�.l�:ixlr.r�eiU n�cepi, u,v;uxi rcitiin�hctic payntcnt� a� :►In�ti rc9cr�•�' in U�'u �tt' trilS�tg�};i: jn�►�ruiKt. I.u�. r��cr�� �
<br /> paymcnir:nr,y� nn lung►:r IK r�i�uii�:d, tU ihc uplion�N'(.cndcr, i(inanEu��;� in+uranc.ri»�cr;i�;��'Yeii�ific amuunl a�Kl Fi�r Ih��kr�icKl �
<br /> thut I.cncicr r.:qnirvc)rrm�i►1cr hy an imurcr a��pruvcd b��I.��nilcr a�ai�t bc:romcti;rv,iflahlr und is ui�tainr�L Hurn��acr,h�dl 4�:ry �
<br /> Ihc��mmium, rcquinvl tu n►a�imueti mi�r�E�iiFc ln�ur��m•c in cffcct.�►�•m��ruvidc;i lu�� ��,rrar.un�il flic rr��uirru�cm f��r�nunp+�gq.
<br /> 111�111':IIK4't'11lI`III il�l'OhI�IKC WIIII llllY N'1'1I1C11:IxfCC111C111 IkHI'l'CII E;fllf�tNl`C UIkI I.l'Iilll'P�ll'1��1�1N1'71I�IC Inw. �
<br /> 9. linpa�clN�r�,l.ei�irr nr ets ugcut niay mu�,c: �ra��roaldc cnYrir. u�wn un�.l In��xcli��nti�yl Ihr i'ru�nrl�•. I.ri�irr:+h;all tivc
<br /> H„rruwrr iN,tic�ut �Ix tink ufor priur t��wi iu,{xtitiun s�ll'ying rcau,nablc ruu+i ti�r thc in��x•c�inn.
<br /> III. I:ontkmttwilun, Thc priK'c��.ty uf�any uHU�'d ur cluiw I.�rd:oma};c,, ilirecl nr ruii,rcpicnliul, in runnccli�,n wi11� any
<br /> rrnklrmn�ilnn i�r ntlkr IakUti�uF uuy parl uf thc I'rupert��.��r ti�r�nin�a:yan�c In licu ot cundrm�ciunn. ;�rc licrchy� u�tii�n��l uixl
<br /> +hall 1x1�k1 tc�I,��xlcr.
<br /> In tFxu�•cm i�l�a tolul t��king��f thc I�ro�xny.�hc prixcctlti�Irdl h� uprl{�xl �o�hc,�nn�xccur�xl hy tliis Sccurity lnstrunx:nl,
<br /> whc�hcr ar ni�t�hcn due,�vith uny excc�s p;►id to 13orrow•cr. In Itic c�•cnt uf:� puni�d u�king of ih�� Pruperty in which Il�e liiir
<br /> uwrkct vahic af iha:I'ra�Crty Imn►cdiulcly iwtiirc thc takfng i.c��►.cd tc�ur gr�atcr thun tlic amuunt of thc sum+sctiural hy thiti
<br /> Scrurily Insiruuxnt imrnnli:�tdy bcforc thc tuking, unlcs�13on•o���cr and I.cndcr oUi�ra�i�e n��re in�ariting,Ihc aum,+ccurcd hy
<br /> this Sccuriiy Instn�incnt ShuU lk: raiuced by tlie .unount nt' Ihe pnK:ecdti tnullipli�Y1 by the tiiUoH�ing t'raction: (a0 the totul
<br /> amuunl of Ihe sunts stiurctl im��tedialcly Iwfore the iuking, divid�d tsy(l�)thc tiiir murket vuluc ot'the Nro�hy immeclintely
<br /> bcforc the laking. Any balancc �hnll bc paid t�� Borrowcr. In th�cv�nt of a pnnial t�iking ut'thc Pmpeny in which tlw f'uir
<br /> markct vulue eaf ihe Pro�eny ini�ncJiately bcfarc the takiog is Ics�.ihan the �mi�unt of thc�ums securcd imn�eciiately bcfore Ihe
<br /> takin�, unlcss A�rmw�r and I.c�Hier a�thcrwise agrce in writing or unless applirablc hiw utt�er.v.�i.se provides, the pnxc�is s15;xL1
<br /> bc applie�i io tht swns�ci:ureJ by thes Senirit,y Instrument whether�r not the sums ure theif�Juc.
<br /> If the Pro�erty Ix u�,i�xlunetl by FSoer.ower,ar if,after notiee by L..en�ler tc�F.3�r.r�w•er.r.[i�r.t:I.1e r.c�ndemnor offer�ta i.nalre:�n
<br /> ,n�:ird ur sctt Ie a elaim f�,r dauw�r�, f3er�:n��er fails tu rc.pund ll�LttI1lICP Y.'tCllllt 3��Ca�:,;�Q.�:e tlle Jute Ih� noti�:e �,:.�ziv�n.
<br /> I.cnder i�authuri�c.�i ten�roU.r;,ct ar:ncE x�r�[}r,fte pnxeeds,at its option,eilther tv eencoracion�r rc�xr.r�E lhe 1'ruperty crr, to«I.tc sui.m
<br /> sccut�l by dni:.a Set�arii:�r Itt�r,r,un�ent,va�[tetlhr;r ur not then due.
<br /> Umiess Jtxn�E�r:r�:tid Bo�ttv�'er othcrvrise agree in ��rit�r.t$, :.�ny :,r.pptic�ticm af proceexEs ecr priikipa! shadt ro�x extr.od or
<br /> postk�the�,f.ue c6ate w£tEew naoreh[���ai�Rnents rrterred to ir� ,�,a,raL rapprs I�and 2 or change the a�ncxtnt of suct�payn�ats.
<br /> 11. �orrowGir l�4nR ReAe�d;Fa�xrAnae B�t.entkt 1�ot:w IY�i�ec�.�».tensirni of the ee�T�e tor�aayme�et or uxx�ifica4ion
<br /> �f amortize�ion of the 5ums:;ecucai a�r this Secu�it��B�strumtnt gr�med by Lender to any succeswr in interest a€Borrower�hall
<br /> not operate to relrase t9tic lia6�ilirt}�of thc origina�13neru��cr or Borrowcr's succe�u�n in intcrest. Lender shatt�r.nt bc required to
<br /> commencc prc�ccedings againsl ae�y succcssor in inter�.,t nr refuse ta exteixi time for payment or otheru•isc r�ocRify umortization
<br /> of the �ums saured by this S�ecuril�r Prr;;tniment by reason of any demarxi m•rcie by the oaiginal Hnrrowtr or Borrower's
<br /> successors in iniesest. Any fort�earanc���y Lender in exercising any right or remGdy shall not be a waiver of or precluJe the
<br /> exercisa of uey right or remedy.
<br /> 12. 5acces+o�s and Asslq�u Bound; Joint and Several Li�bllity; Co-signers. The cav�nants and agreci�xnts of this
<br /> Security Instrumcnt shull bind and beixfit the successors and assigns of Lender a�xl Borro��•er; subject to the provisions of
<br /> naraaranh 17_ Borrower's covenants and aRrcen�ents shall be joim und several. Any B�rrc+w�r who co-siRns this Security
<br /> lnslrument but does not execut� the Ns�t2: (a) is ca-signing this Saurity Instrunxnt ordy ta�,'�ia�ortgage, grant ynd convs�v.that
<br /> Horcower's intercst in the!'roperty �irrrdc.r t`ae ternu of this Secucnr.y(nslrunxnt; (b) �s not pers;,��na13y ubligatod to pay IR��sums
<br /> securod by�his Security In�[rument; rnu�i�p agcee�xhat Lender as��]any other F3orrower may;if�rrr.e.ln'�xtetxl,madify,fuY;�ctu•nr
<br /> make any xcommodations wi�h regard to Uk tbrans c•,'Fz�n1i Security Instrument or the Nc�te wl�!��u���tha[B���i�sJ,'e,r's conse'�lt.
<br /> 13_ I.o�n Charges.If the loan securaf by-z�as Securiry Instrwntnt is subject ro n law whici�sets:{fi:,i;c;mum loan chwges,
<br /> and that law is finally imerpreted sa that the ihtas•4s� or oth�r loan charges collected or to he coRl=cted�ir c:c,nnection with thc
<br /> loan eacad the permitted limits, th:en:!�►)any such loan cha�ge si��ll be reduced by the amoi}nt�ecessury io Yeduce the charRe
<br /> tu the permitted limit: and (b)any svxr.0 already collectcd from Bortower which exce�xied��a•ni•ttita limits will be rciundea to
<br />" Borrower.I.ender may chooso to �ier,l;e this refund by rafucing ihe pri�cipal owed under ,t:,c Y�ute or by making a direct
<br />° paymrnt lo Harower. (f a refuixi rHluces principal, the reduciion will be treatai as a �;cuJi:� pmp�yn�ent without any
<br /> • .prcpaymeM cturg�undrr thc Note, . .
<br /> � 14.Notias. Any noticc to Rorcower providcd for in this Security Instrument sliall bc g,i,a;�n•by delivering it or by mailing
<br />- 'j ii'tav,fir^s.tcl•rss inuil unless applicab�c'law rcquires use of another method. TNe rwtice shall S�� cli.r�r,ted to the Property Ad�lress
<br /> !. or�un� ��J��, address Borrower Jesa;�m,�:trs.Uv notice ro Lencier. Any natice to C.e�xier sPuli;'. :be given by first ciass. r,m.�e! tu �
<br /> ' L;cricicr'.5��-i.m�ess statecl herein ar�n}4��laer,�ddress I.ender desigiuies by notice to Borrower. AnV no[ice p[ovidot��an�:e.a'�this•
<br />_} �' ��ldty (nstrument shatll be,dtenteci.�;�`a�havc ib�eGf:4�;ives�to Borroweror I.ender whcn given as pravided'rn ehic,paragrapti:•,
<br /> t � 15.Coverning I.uw; &�'�r1's�'b]�Izu, �'Tiics ':Sccusi4y Instrument shall br. cqvernec3 by federal Rav{•:arn� thc law of the
<br /> 3 jurisdiction in whieh tY,�Prop'tnsy is 9:�c.��cd. Id�rne event that any provisiun�mr cl:�use of tk►is Securi.ty'lY��t�utnent or the Note
<br /> :� conflicts with applicabtelal�v,surh 4�nnflivt shall rwt atTxt other pravisions oE tHr.is Stx�r.ir.y lfnstcument or the Note which can be
<br /> � given eft'a�wi�hout the cor'flitting�rovision. To tliis end the provisions of thas S�rcurcegr Ci�t:;:�:nxnt and the Nao are dxlared
<br /> to be sever+bie. , , � �
<br /> } 16.8orrower's(;t�p•,9orrower shnll be given one confortned copy af tC�Note arxi�bf t�is Socurity Instniment.
<br /> i 17.7Yansfer of R'�:Pr�pcYty or a Benet[cial Interest in Borrovyer. (f ull or any part:af the Pmp�rty or a!►y intercst in il
<br /> � is sold or uansferred(Qr if�btncficial interest in Borrower is so[d or transferred and Borrower is nut a natural person)without
<br /> 3 Lender's prior written'cunsent. Lxr.�tr muy, at its aptiun, reqi�irc imme�liate payn�ent in flill of ull sums socurod by thix
<br /> t Security instrunxnt,However,thjs'mp�io�shall not be exercised by Lendor if exerc�se is prohibited by federal Iaw as of the i1�te
<br /> of this Security Instroeuxnt. � � ' .. .
<br /> If Lender excrcis�s tteix opRiun;�Q,e.rcd-.r shal:�give Borrower naicc of acceleration.The rx�ti¢e sha11 pravidC a peric�il of not
<br /> Iess than 30 duy� fro��e tht d�te th� nptice i�c��el"iveeed or �nailed within which Borcower must pay ull sutns securod by this
<br /> Securily Instrunxrtt.If"&zru�ow•en fail's to pay these sams prior to the expiration of this period. Lcndcr muy invake any r�cmodics
<br /> . permitted by t1�is 5ccu�ity Instrew;r.k�a1 y:�i;r.I�.out fuhher noticc or dcnunct on Borrower. .
<br /> 18. B�rrower's RiRht ta ICeirrctate. If Bnrrower meets certain conditions, Borra�+�er shnll hnve the righl to have
<br /> j cnforcernrnt nf d�is Sccurity Instrunxnt discontinuai at uny tiuic prior to thc carlicr of: (oi) 5 days (or such othcr ptriod as
<br /> r:
<br /> applicablc law may s{xcify (or rcinstatemcnt) before snlc of thc Proparty pursuant to any power of' salc contained in this
<br /> • S�rurity lnstrumcnt;or(h) cntry of a judgnxnt cnforcing this Sccurity Instrurncnl.'['tic�cc cYmditiuns arc thut Borrower: (a)pays
<br /> • Lcrxier all�un�s�vhich Uicn would bc due uncicr this Sccurity lnsimtncnt und thc Notc as if no acccicration h:�1 oa�urrcd; ;b)
<br /> � cures any Jefhult of•rny other covcnunts ��r ngroancnts; (c) pays all cxpenscs incumcci in enfurcing this S�rurity Instniinent,
<br /> includh�g,but not limitcd to,ncasonublc attunxya' fccs;anci (d) takcs such action as Lendcr mey rcano�wbly rcyuirc tn assurc
<br /> that thc licn vf�his Sc�:urity InstTUmcnt. Lcixler's rights in thc Pxop�rty and Borrower'S nbligution ro pay the sums sa:ural by
<br /> '. �hc� Gruritv In.:rument �tull continue unchanstal. Unon reinuttenxnt 6Y fkxrower, d�is Securi�v la+tcument :md the
<br /> obligations sc.cureci herrby shal! Rmxln fully efPective es�iF nu•rcaleratii�n had ixcurred. Howevcr, this right to reinstate shall
<br /> not apply in the c:�sc of xcelcration w�dcr par�+graph 17.
<br /> l9.Su1e of Nute;Cfunge of I,wm Servictr. Thc Note �r a p•rrtial interest in thc N�te (wgeUxr with this Sc��uriry
<br /> Instrumcn�l�i�ay be sold onc or more t+mcs without priur rwtice to Bor��uwer,A sals n�ay msult iu a changc in tfie cntity(k�wwn
<br /> as the"L.oan Serv iccr")�hat collccts mmuhly paymc��ts due widcr ihe Notc anci thts S�rurity Instrurmnt. Thcrc also may be one
<br /> or nwr�e dwngcs of�hc La�n Serviccr unrcluteci to a salc uf thc Nc�e.if thcre is a change of thc Loan Sen�icer, 8c►rrower will bc •:�.
<br /> givcn wriucn noticc of thc changc in acconlnncc with paragrraph 14 abav�ancl;y�plicuble laW.T'ha ixilicc will statc tht nam¢:ancl
<br /> uddreas of thc nc�v Lonn Scrviccr and thc addrcss to H�hich paynxnts shczuld bc ntacic. Thc noiirc will alsu contain•rny nther '•'
<br /> infomintion rcyulrai by upplicablc law.
<br /> 20.I(�rJous 5u1►stpnces. �rrow•cr shall rwt cause or pcm�it Ux:prauixc, use, (IISpUS�I, storagc, or rcicasc of any
<br /> li;uardnus Substainccs on or in !hc 1'roperty. E3arrowcr shall nd do, nor dllow m�yonc clsc to do, ;u�ything u(fcciing tlic
<br /> Property lhut is in vi�lation uf any Environmcncal Law. Thc preceJing two scntc�KCS shall not apply to the prescixa. usc. t�r
<br /> storadc on thc Pri��xety of small qu�ntitits of Clazau�us Substanres xhat arc gencrally r��cugnitai to Ix�appropriutc to�wro►al
<br /> residential usCS an��t ro n��untcnancc of thc Propert��. .
<br /> Pcy�3 oi� Form 3028 9/90
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