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<br /> �substanti ent martgega ihr�lr� vera�c is not availablc.Borrower shall pny to L.end�r cash month a sum c�yuul t��
<br /> �me-twel o a yeAdy tnortgage Sft�sirrunco mmium iscing p;tld by 8arrower when the insurance coverage lapsai or ce:isect to
<br /> bc In ef�` ' tr.wllt aece p t,u�b�r@'ittll�i these pa yments as u Iass rescrvr,in fieu of mott g:i ge insuranca Luss reser++e�
<br /> pay�ente t�ulrlR;'ACtti��ttun uf l.�cnOer.�t mnrtgnge msurance cuv�rage pn the urnount and tor the perioci�
<br /> thnt Lender rcquircs)pruvided hy an in;uror approvnl 8y Lender ngain beconxs avuilabtc und is obt�i��at. Borrawcr Fhall pay
<br /> the pr+emlums requircd tu maintain mortgage insutuncs i�ti etfect,or to pruv'tdr,p lass reserve,antil the requirement for mortgage �
<br /> i�surance end.v in accordnnce with any written ugreCment betv+een Bonower and Lender or uppNcable law.
<br /> 9.Ine�lt�ction. Lender or Its agent may make rc.usonable entrtes upon and inspections of thc Pcaperty.l.rnder Fhnll give
<br /> Borrawer notice at the time of or pri�r to un inspection specify+ing rcasonnble cnu.se for the inspection.
<br /> !0. Conflcrnnutton.The pmcscd.i Of d[ly At2JD1'(l or cialm for damages, dircct ar consequcntia!, (n conr..Grtion wkh uny
<br /> candemnation ar dher tuking uf uny patt of the Property,ar for conveyance in lieu of condemnution. are hereby assignod and
<br /> shul!be paid co Lendcr.
<br /> ln the event of u tot,al tak+ng af the Property, tha pr,�ceeds shall be applicd to the su�ns secureei by this Securiry Instn►ment,
<br /> wMther or noc then due. with Any exccss paid to Borr�wer. In the event of a partial taking of t�xe l�operty in which the fair
<br /> muket value af the Pro�erty innmediately before thr.�a.lking is equal ro or greatcr tfian the asnount of thc sums secured by this
<br /> Securtiy Instrument jmruediatcly beforc the taking, unl�ss&.ixrower sinnd l.ender athemise agree in wrl�ti�, the sums secured by
<br /> this Sc�rUrity lr�stnin:+cnt sha!! be redueod by the amoxint of the procreds multipHed by the follaw}ng Fcaction: (a) the total
<br /> aunount of the swms sccund immediately beforc the taking. divided by (b)thc fair m�ar�ct vsJu� of the Property immediately
<br /> befocc the taki��.Any balance shnll be paid to Borrowec. In the evEi►t of a parti�l taking of tMe Propecty ln which thc falr
<br /> m�Tket value af ttx P�o�cty inua�ediately before the tah.ing is te�.c thnn the amount of tt►c suc��s secured imtnediately before the
<br /> taking.unless Bcirrower and[.ender otherwise agree in writi�g Qa unle.eg applicable!dw otherwise provides,the Qracads shaU
<br /> be applied to the sums securcxi by this Socurity Instrun�nt whether or aot the smnu are tNen due,
<br /> If the Praperty is at�ancloncd by liorrower.or if,after notice by Lender to 1�?oreower that the condemnor offers to make an
<br /> award or seule a claim for dama�es, ��rrow�r fuils to respond to Lender within 30 days after the date the notice is given,
<br /> I.cnd:.r is aatharizcd to coltect ancl ap�iy th.peoc�cts,at its aption,either to restoratton or repaiz�if the Property or to the s�tns
<br /> secured by this Security Instrument,wheilaar pr not then due.
<br /> Unless I.¢nder and Borrower atherwise �ree in writing, Aoy upplication of procetds to pri��cipa1 shnll not extend or
<br /> patpone the due date of the manthly paymencs referrai to in para��phs 1 and 2 or change the amount uf auch payments.
<br /> 11.Borrowa Not Rde�.ged;Forbwrnnce Htv Lenckr lVot a�Vaiver.Rxtension of the time for payment or modificatlon
<br /> af amortizatian af the sums secured by this 5ecurity 1nSitvment granted by Lender to any successor in interest of liorrower shai�
<br /> rwt operats ta teleaze the liability of thc origina!Borrower or Borrawer's successors in interest.L.ender shall not!+e requiracf tp
<br /> aommencc proreodings against any succrssor tn interess a refi�se to extend time for paymen► or atfxrwi�e modify emortizatio�
<br /> of the sums secured by this Security lnsnument by reason of any dvmand made by the origi��a! Borcower or Borrower's
<br /> �uccessors in interest. Any t'or6earance by l..ender in exerclsing any right or remedy shall not be a waiver of or preclude tho
<br /> exercise of any right or eemecly.
<br /> 12. Succes.�ors �nd Asslgns Bound;Jolnt and Several L{AWlity; Co-si�ners. The covenants and agrucmcnts af th;s
<br /> Security Insttument shall bind and benofit tht succ�essors and assigns of Lender and Borrower. subjat :o the provision,9.af, �
<br /> �B�Ph 17. Earrrsu;,r's cui;,�ts and ag���ts siafi �j�iat +i�xi �zvc�al. Any Sarawa�' �i-.n cc-sigris ttus 5:,.."i�rliy
<br /> Instrument but does twt exocute the Nate: (a) is casigning this Security Insuument anly to moitgege,grant and convey that
<br /> BorrowePs interest in thc Aroperty und�r the terms of this Security Instrument;(b)is not personally obUgatdl top y the stuns
<br /> sccural by this Savrit�Instrument;and(p)agrees that .Lender and an��other Borrower may agree to extend.nwclifp. forboar or �
<br /> ' �t�ke any nccommodations with regard ro the terms af this Security Insdument or the Note without that Borrower's canstnt. '.
<br /> ', 13.LoAn Ciwrscs. If the laan securaf by this Seeurity Instn�ment is subjxt to a law whirh sets meximum!oa»chvrges;
<br /> • � und that Ipw i� finally intetpteted so that the interest ar other laan chtuges collectal or to be collectod in contkctic+n with the
<br /> , .' loan excecrl die pemiitted limits.then: (a)any such 1nAn cha.rge shall be ral�ecai by the amount necessary to roduce the charge
<br /> ��. . to'the'permitted limit;and(b)any sums nlready enllectcd frum Borrower whIch exceeded pern�itted timits a�ill•be refundad to
<br /> ' Bo�ower. .I.ender may choose to make this rofund by rcducing the princ[pal owed under the Note or hy mskFng a diroct
<br /> ' ' �'�;.pqyment to Horrower. If n rofund reduces principal, the reducdon will be treatal as a partial prepayment without any �
<br /> ' . � pnpayn�ent•churgeunder the Note.
<br /> 14.Notices.Any notice ta Borrower pnovtded for in this Security Insuument.shaU be giveti,by d�liveriag it or by i�wi�ing
<br /> ��At by first elass meil unless applieuble law requices uso uf another method.The notiee shall be dir�ectod to the Property Adtit�c�c
<br /> ".�.r any other address Bnrrower designates by noticc to Lender. Any notice to Le��der shalt bo given by first class,�ail�to
<br /> .Lender's addr�s alated herein or any other nddress Lender designates by notia to Aorrowcr.Any notia providod for in�his
<br /> •� �curity I�shument shall be decmad to have been given ta Borrower or Lender when given�provided in this paragraph. .
<br /> ;:, ' 1�.�dernlnj Lxw; Severabiitt,y...'il►is Secudty lnstrument shall be govemed by faleral law and the !aw of.tho
<br /> . �urisdirtaor;a�Lvhlch the Property e�tc�c�,�r,•;ci:In the event that any provision or clause of this Security Instniment or the Nofe
<br /> ,•.conflicts with applicable law.such mr�t�+�:�:��'".,w!not affect other provisions of this Security Iqstrum�nt ot the Note whinc�an bt
<br /> �' bhven effect without the canflictfng prov�s�eu.'�'�,i.�mis end the provisIons of this Security Instiument and the Note ar�declared
<br /> , � fia be sever�ble. •
<br /> +, : 16.Bom►wa's Copy.Borrower sha[I br giv+.�o�te oonfom�od copy of the Nate ancl of this Sexurity Instrument.
<br /> �1. � !7.Traasfer of the Property or a BerielG�i�1 Intenst in BorroMer.Tf all ar any part of the Property or any inter�sst in it
<br /> ;ua�sy�ld or¢cansferrod (or if a beneticia[intea�st in 8osrower is w!d or transferred and Bonower is not a n�tutul pecson)•without
<br /> `II��der's prior written wnsent, I.ender rnay. at i.ta option. n, ¢•y'.r� immediate payment in full of all sums socr�rod by this
<br /> ' ' SeCurity Inshument. Howevcr.this aption s1�aIL raat lri�y,ercisdd�y'Lender if exerc�se is prohibitod by ftderal law as of the dite
<br /> �� o'f this Security Inucument. . . ,
<br /> '� If Lender eaercises this option,Lender shaPl gn�•��omnwer notice of acc,�ii�.�vn.The notice sha�l prcivida a period ot not
<br /> Iess thy�n .��D duys from the date the natece is deli��eraci a inai!e�within witi�ncf� Botrows�r�nwst pay all sums savrod by this
<br /> Security�9ur,lvaunent. If Borrower fails ta pu}r these sums prior.to�e1:M�.cxpiti�tjbm�f tttis perlud;,•Il.:endtr rnay invoke any rcmaaies
<br /> �rcm?►itte3�y this Socur�ty InstrumenE wifF.n.rue fuer.t�t;nt�tia or d��vuunii oa BA+�'wnver. .
<br /> 18. Borrower's Riiht ta Rar�t�Ee. dit E9�,ntrto.v�mcets aa:+1',t�in oaixJ�tir::�.�„ Borrower shal[ 1�.�•�thc tight to �ttave
<br /> ��r.Forcement of this 5a��itp (rtsttt�m�nt dnseox►ci�»wteJ ��t t�y t�tne�ior 1v cTh���,^..��•�of: (a)5 days (dr�ch ather peciod as �
<br /> apPlicable !aw miy spo�ify fcw n:ortsiac¢�m�ec,ty beftcr.�,y;,;o of aUe PropCCty�.�a�•s�:fr�: to zny power of�coptained h.f .thls
<br /> Security Irr.ururncnt:Qr(tsi erucy crf a,ry�cC�aaa�:a enEorcing it�is S�zu'rn.y Instrui�ned��.�o�cs aanrAai,�ons are diat Sorrower:(h1 PaYs
<br /> Lender sIC suttts w•hich tlt�ett� �w•ouCd be�lur,r:nder this Sewrst��LnsUwnt�:a�n�1'��e Note cu;if o:u�accclemticen had occurnr�l;(b)
<br /> curkw any def�uit of�ny crHter cc�.ve��s or a�r�ernmts;(cl pays uif ex{xnsus incumal 'une�ii���ci��g il�is �ecurity Instiument.
<br /> itxluding. but ncx li���itaet u,•,.r�a�;c,n�{e attorn�.ys,"P�s;and (d)takes sit�3�aciint�as�.ender nmy mx��:nnutity require to assure
<br /> that cf�e lien ot'tfiis 5�au-ity Cnstrum�e,L,er�d�er's�-igitcs in the Property and.13<n�r,wer's obfi�atfon w�pay the sums securod by
<br /> inis accuriiy insirumeni snaii ccmiirme an�ir�nf*c�si. vpon reinst8temenT� iry �svriosttu, mts �ecunry instrument anu tne
<br /> oUllg�cicn�s secured hereby sha[l'�•emain f�xlly eii'ecNve as if no acceleration Itud occu��di lil����ever,this right ro rcinstate shafl
<br /> not upply tti[he rase of urceleracial u��dl:r parngraph t7_
<br /> 19. 5ti!!r oi Note; Changt of Lean Servt�e�.1'he Note or a paRial interest in tliu Note (together with this Socurity
<br /> Instrument)m�y bc sold one or morc times without prior notice to Borrower. A sale nwy result in a change in the entity(known
<br /> as the"L,oan Servl�rr")tl�at�v�Uccts nwnthly p�yments due under the Notc and this Socurity Irutrumeni.'It�erc also may be one
<br /> or morc changas uttho Luan 5ervicer unreluted to a�ale of►he Nnte. If therc is a cnange of the Loan Servicer,Sorrower wiQ be
<br /> given written notice c�f the change in�cwrdanc�wi2h paragraph 14 abovo 1nd applia�ble law.7fie notice will state the a�urx:arni
<br /> addrrax af thc ncw[.�wn Scrviccr and the acldrcss to which paynxnts shoulc!bc madc. The notire will also cnntain any ottx:r
<br /> infornu�tinn rcquircd by upplicuble IAw.
<br /> 20. H�zardous 5ubstoncc.w. Horrowcr shall nat cause or permit the presenrc, use, disposal,storage,or rclease of any
<br /> H�ardous Substunccs un��r in thc Property. Borrowcr dhull nut do, nur aliow anyonc clu to dn.anything ut'Fating thc
<br /> PrupcAy that is in viulutiun af uny Envirunnxntal [.aw.Th�prt�xxling ta�o sentences shall �xx�pply ro the preunre, use.ar
<br /> �iuruge un ttxx Rrup�riy uf�uuii yua�uities uf Har.;mluus5u'v�tarKrs that ure grrn:�ully rccugnir.e�t ta beupprop�i;ttc tu iw,�'t�rtl
<br /> rcsidcntial uscs a�xl tii nwintc�wnrnc nf�ha Prupcny.
<br /> n.���a�i a Ftirm'J02� fIlO
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