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<br /> substuntialty cNuivalcnt mortgnbc insurnncc a�verngc is n�x avidiublc. Borr�nvcr sh�ll pay w Lcndcr rarh month a sum cyuul to
<br /> . �one-twelfth of thc ycarly martgagc insuruncc prcmium bcing paid by Bormwcr whcii thc rosurancc cuvcrugc tup�cd ur rcaccd to
<br /> . Uc iu cffect. Lcndcr will ucccpt,usc und retain thcse puynxnt+as .�Im�; rescrvc in licu of mun�agc insuruncc. l.usti reticrvc
<br /> paymcnts muy nn longcn c�rrauircd, ut thc ciption oi l.endcr, if mortgugc iutiuruncc cuveragc(in thc umoui�t anJ titt thc�xriud
<br /> thiit l,cndcr requires) pruvicicil hy an iusurcr nppmved hy I.endcr ugai�i bccumcs uv:tilublc and iti uhtuincd. Hnrru�vcr shall puy
<br /> . the premium�rcquimd tn maintoin mongagc insurancc in ct'Icct,ur tu pruvi►lc a lusr rrscrvc.until thc►cquirumcnt tin•murt�;n};c ,
<br /> insuru�KC ci2ds i��acciu•duncc wi�h uny writtcn agrccmcnt hctwcen F3�rri�wcr uud lAndcr ur upplirablc I��w.
<br /> 9. In.SpecNon. l.c�xler ar Its ngent muy makc i�catiitinahle entric�u�xm aixl ins�crtiunr.uf'tlie Nropeny. l.cnder tii�edl givc
<br /> Borrnwcr nuticc at thc tinm��t'ur priar tu�in ins�xrtiim sperfl;vin�;rc+i,a��ablc causc fiir thc in�Excti�,n. �i
<br /> 1Q. Cundemnwtlott,7'I�c pnkecds uf uny awurd ur rluim hre d�ani�gc�,dir►ct ur cun,cqurnti�d, in runncctiun witt� uny
<br /> citin�lcntnntfun ur uthcr tukin�: nf.►ny p:irt nf�hc Pro�kny.ur liir cunvcymtcc in licu uf rundc�nn:ui�m. .irc hcrcby +i.yi}!nrd n�xl
<br /> s1�uU lk:pai�!lu lAndcr.
<br /> In�he event uf u tulul iuktng uf U►c 1'ru�xrly. �hr pn►rcedti,h;dl Ix upplicd tu the.um�ycrurc.l hy Ihlti Sccu�ity ui+lrumrnt,
<br /> whcihcr i,r n�n thcn duc.�vlll�mly oxcctiti paid tu lforrower. In thc cvrm��f n p:utiul �uking nf thc Nm�xrty in whfch thc liiir
<br /> markct vuluc ot'tlm F�rupcity imnuvliiitrly bcliir�thc Uiking i�cNu�d tu ur�rc;it�r thun thc untuunt uf thc sumti�ccur�tl hy thi+
<br /> Security In+trument immcJi.itrly txfure tlie uikin�;. unletis Hnrn�wer and lAndcr uthcn�•i+c a�rec in writing. thc,um.,ccurcJ by
<br /> thiy Securlty Imtrument sl�all hc redured by dte amuunt uf �hc pr�kccdz multiplicd by t�c fnlluwing f'rurtian: R�I the tutal
<br /> amount uf the tiums sccurcd imn�cdiatcly tkfare thc tuking, divi�lcd hy (b) thc f;ur markct ��alue ol'thc Pruperty immediately
<br /> bcforc thc taking. Any naiu�,«�i�;�i nt paid u, Hc�rrowrr. In thc evcnt ai'a partisl t:ikiiig of thc Property in which thc t:tir
<br /> marktt v�lue of the Propcny immcdiatcly h:ti�r�thc taking i.Ic�ti lhan thc unk�unt uf the tiums sccured imm��iiately betive thc
<br /> taking, unless Borrower aixl Lcnder uthe«r•i,c ayrce in wnting ur unlcsti ap}�irablc law uthenvise providcs. thc pr�xeedc shall
<br /> be applied tu the sums secured by thiti Scrurity Instrument whether or nut the su�n.�are then due.
<br /> If tbe Fmperty is abandoncd by &�nower,or if,iiRer notice Uy l.endcr to Burcawer that the condemnor uffers tu n�ake un
<br /> uwurd or actde a cluim for damages, Bonuwer fuils to rctipond to i.cndcr within 30 days after the dute thc nolice is given,
<br /> Lendcr is authorized ro coUcct and apply thc proceeds,at its aption.cithcr to restoratian ur repair of the Property or ta the sunis
<br /> secured by this Security Instrument,whether or not then due.
<br /> Unles� l.r�xler und Borrower otherwisc a�rcc itt w•riting, sny applicAtion of proceeds t�� principal shall r�ot extend or
<br /> postpone the due dnte of the monthly payments refencd to in paragraphs 1 and 2 or change the amount of such puyments.
<br /> 11.13orrower Not Reteased;Forbearance By Lender Not A Watver.Extension of che time for payment ar modificatian
<br /> ��f utnoiti�ntion of the,ums secured by this Security Instrument granted by Lender to any successor in interest of Borro�l•er shall
<br /> not operate to release the liability uf the original Borrower or Borrower's sucrossors in interest. Lc�nder shall not be required to
<br /> cununence praceedings against atiy successor m interest ar refuse to extend time for payment or othecwise nxxtify amortizution
<br /> of the sums secured b} th�s Security InstrumertY by rcason of any demand rnade by the original Borrawer or Borrower's
<br /> suceesson in interest. Any L�n�w�;�rance by I.ender in exercising any ri�ht ar remedy shall not be a waiver of or preclude the
<br /> exercise of any right or reme�y.
<br /> 12.Successors And Assig�c 2�ound; Jolnt and Several Liabllity; Co-s�gners. The covenants and agrccments of this
<br /> Security Instrument �hxtl b,ind srxf banefit the successors and assigns of Lender and Bonower. subject to the provisions of
<br /> paragraph 17. Borro���;'s covenants and agreements shall be joint and severnl. Any Banower who co-signs this Secur�ty
<br /> lnstrument but dces nc�t execute the Note: (a)is co-signing this Security Inc�niment only to mortguge,grant and convey that
<br /> Borrower's imerea�in inr rr�prt.j c:i,.ie�t�c ter�s of thi;�:.�urity Insisurtze�s: (�) i�^�:�:sons!!;��Iigatrti t�ray the swns
<br /> secured by this Seturiry Instrumer.t:.fin�(c)agrees that Lender and any otlter Borrower may ugree to extend. mafify.fotbear or
<br /> make any accommodations with reaa�.�ta the terms of this Security[nstrument ur the Note wtthout thut Bormwer's consent.
<br /> 13.I.�►An Clwrges.�f thc loan secured by dus Security Instrument is subject to a law which sets maximum loan charges,
<br /> und that law is finally in�er{�reted so thAt the interest or other loan charges wllected or to De collected in comiection wlth the
<br /> loan exceed the perminrd limits, then: (a)any such loan charge shuq be reduced by the amaunt nc;cessury to re�uce the charge
<br /> ta the permitted limit;und(b)any sums already collected fmm Borcower which exc.eeded pem�itted limits will be refunded to
<br /> Bonower. I.ender may choose to make thls refund by reductng the principal owed under the Note or by making a dircct
<br /> payment to Bonower. If a mfund reduces principal, the reduction will be treated as a partial pnepayment w[thout any
<br /> prepaymcnt charge uncleT the Notc.
<br /> 14.Notices.An}motice to Borrower provided for in this Security Instrument shall be given by deltvering it or by mailing •
<br /> tt by first class mai!un]es.g applicable law requires use of another method. The notice shall be directed to the Property Address
<br /> or any other address Bortowcr designates by notice to Lender. Any natice to i..cnder shall be given by,first class mail to
<br /> Lender's address stated herein or any other address Lender designxtes by notice to Borrower. Any notice provided far in this
<br /> Security Instrument shall be deemed to huve been gtven to Borrower or Lender whcn given as provided tn this paragreph.
<br /> 15.Governtng 1aw; Severabflity. Thi� 5ecudty Instrument shall be govemed by fcderal law and the law of the
<br /> � Jurisdiction in which the Property is located. in�,'�e event that any provision or cluuse of this Security Instrument or the Note
<br /> conflicts with applicab!e lnw.such conflict stiall not affect other provisions of thix Security Instrument or the Note which can be
<br /> given effect without the mnflicting provision.To thia end the provisions of this Security Instrument und the Note are declare�f
<br /> [a bc scvcrublC.
<br /> 16.Borrower's Copy. Barrower shull be given one amfornied copy of the Noto and of this Security Instniment.
<br /> 17.Transfer ol xhe Praperty or a Beneflcial Interest in Borrower. If all or uny part of the Propeny or any interest in it
<br /> is sold or trtu►sferred{or if a beneficiat intc:re�i i.!�Borrower is sold or transferred and Borrowcr is not a natural person)without
<br /> I.ender'F prior w�ritten consent, 1.ender may. at iGs option, requirc immediate payment in full of all sums sccured by this
<br /> Security Inswmer�. However,this c�ption shatl not be exercised by Lender if exercise is prohibited by federnl law as of the date
<br /> of this Sccurity In�tryment.
<br /> If Lender exrrci!sts this option. L.�nder shall give Bono�ver nodce of acceleration.The notice shall rovide a period of not
<br /> less thun 30 days fr.r.n�he date the notice is delivered or mailed within whlch Borrower must pay alP sums secured by this
<br /> Security Instrument. Iti�orrowcr fails to pay these sums prior to the expiration of this period.Lender may invoke sny remedies
<br /> permitted by this Security Instcument without further notice or demnnd on Borcower.
<br /> 18. Borrowec's Rlght to Reinstate. If Borrower mects certain conditions. Bonower shull have the r�ght to have
<br /> enforcement c�f this 5ecurlty Instrument disrnntinued ut any time prior to the earlier of: (a)5 days (or such othcr periad as
<br /> applicable law may spocify for reinstatement) bcfore sule of the Property pursuant to any power of sale contained in this
<br /> Security inshument: or(b)entry of A judgment enYorcing this Security Instrument.Those oonditions are that Borcower:(a)pays
<br /> Lender nll sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b1
<br /> cures any default of any other covenants or ugreements; (e) pays all expenses incurnci in enforcing this Security Insttument,
<br /> including. but not limital to,rcasonable attorneys fccs;und (d)tukes such action ar Lcnder m:ry reasonably rcx�uirc to assure �
<br /> th:it the lien of this Security Instcvment. Lender's rights in the Property und Borrower's ubligution to pay the sums secured by
<br /> this Security Insttvment shnll rontinue unchanged. Upon reinstatement by 6ottowcr, this S��curiry tnstrument and the
<br /> obligutians securcd hereby tihall remain fully effectivc as tf no accelerution had occurred. Huwever,this right to reinstute sliall
<br /> nnt apply in Qie catie of accelcrutton un�er paragrapn i i.
<br /> 19. Sule of Note:Change of I.uan ticrvt��er. Thc Notc or a pa�ti:+l intcrest in the Nc�tc (togcther with this Sccurity .
<br /> Instrument)muy be sold one or more times without prior notice to 9orrower.A sulc may result in u changc in the entity(known
<br /> a�thc "Loan Scrviccr")that�rollccts monthly payments duc under the Notc and this 3cxurity Instrument.There also may t►e one
<br /> or more changes of the l.oan Servicer unrcluted tn a sale of the Note. If there is :�change of the[,nan Servicer,Bnrrower will bc
<br /> givcn writtcn noticc of the change in uccordunce with parngraph 14 utmve und appliwble 13w.Tl�e nutice will stute the name and
<br /> address of thc new Loan Scrviccr and the uddress to which payments should hc made. Thc notice will:►lso contuin Any other
<br /> information required by applicuble luw.
<br /> 20. Nazardous 5ubstttnces� Horm�ver shall not atuse or permit thc presence, use, dispowl, storo�c, or rclease of any
<br /> Hazardous Substances on nr in the Property. Borrower shall noi do, nor ullow unyone clsc to do. �nything affecting the
<br /> Property tnut is in violation af any Bnvironmentul Luw. Thc preceding t�vo sentcnces shall not apply to thc prescncc.use. or
<br /> stomge on the Property of small yuantities of Ha�ardous Substanccs th•rt are benerslly rccognized to be appropriste to normal
<br /> residentinl uses und to maintcnance of the Pmperty.
<br />_ Pcvo 3 0�a Form 3028 8190
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