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<br /> , � 9$� 3(��� LDAN 4�: 8359110
<br /> . Un1es.�i.endcr end aartowcr otlte,n'rls�agreo iA W��B�i���oGr chango ihc�mnount of suc payments.�xtcnd ar pastpanc
<br /> � thc du:dav�oY thc monthiy paymcnts raf�rr�ad ta+n para�n+P
<br /> , �, 11.Bunower Nat Rel�sedi FapbPUeano2 by 1.e�ader Not a Waiver. Eatcnsion af thc time for payment ar mad1ficatlan of
<br /> amaniradon of the sums scxw�ed by this Secarity Insuumem granted by L.ender to any successar In intcrest of Borrowcr shaU not ;
<br /> �, , �pe�ate to release ths iiai�iUry of th«ariginal�nzmwer or Borrower's successors in interes�Lender shall not bc rcqaircd to
<br /> �� ' commence racaxiin s against any successor in interess or refuse to cxtend tune for payment or otherwise modlfy amorti�ation af �;_
<br /> P S -
<br /> y � ttce sums sectued by�ttis Security Insuuri►ea►t bY reason of any demand mada by tha originttl Borcower or Borrawer's successors in
<br /> Fsi���� interosG My fatltearance by Lender in exescisit�anY nF,i►t ar remedy shall not bo a waiver of or prcxlude the exercise of eny right �.`=
<br /> � .^^>•.`-"�'- or remedy.
<br /> �;:
<br /> !a. Suoceasors and As�iffins Boui►dt Ju[�t�a��Seyeral LiabUity; Casignera. 'I'1ie covenants and agreemenu of this
<br /> Security Instrumea�t shaU bi�d su�d isEn�t tho sa�z's and essigns of L.ender and Bomowe�r.subject to the pmvisians of `-
<br /> par�e,raph 17. Bomower's covenants anQ a,�ra�e�►Ls shall be joint aad several. Any Barrowe;who ccrsigns this Security -
<br /> Instrumea�t but does not executa th�Hut�.(� � �'S�S�S �S���'Insffument only ao mortgage,gret►c and comey that
<br /> � Borrowea's inteaest in tk�PmpercY und�a tho tam�s of this SecuritY Instiumanx(b)�S not personaUy obligatod to pay tha sums
<br /> secured by this Securlry Insuumemt�and(a)a�es that Leuder and any otber Barrower msy �to extend�madify,forbear or
<br /> � make a�y a�comma�ations aith mgard ta the tes�ns af t]�is Security Insuument or the IVote withaut tliat Bonower's consenG
<br /> 13.Loan Chara�. If tha laan sacu�ed by this Security Instrument is subject to a law which sets maximum loan charges,and
<br /> '�;"':`,---�-�� � [hat lav�is fu�11Y in�p�e�d s���o interest or othes laaa ciuu8es collazted ar to be collocced in connecdon.wUh�rhe loan .
<br /> � :''tt*'� exceed the pertnitted limits.the�n:(�anY suCh loan cttatgo shali be reducai uy ihe sraottnt��c}r!o retlttce the charge tn the
<br /> . . permiued limix and @)anY sums already�cali�ct�d from Borrower wbIch exceedod pamitted Wr►its will be refunded w Borrower.
<br /> I.enda may choose to ma!�e tbis refund by�redu:�m8 the Principa!owed under the Note or by making a dit�ct payment to Borrower.
<br /> � U�a rafund reduces pru►cip�l�th�led�es�ivn wilt�be aeat�d as a partial PrepaYn►ent wIthout any Prepayment charge under the Note.
<br /> ' . 14.l�otloes. Any natioe w Horrowea provided fm ia�tAis Secutity Inswment shaU be given by delive�ing it or by meiling it
<br /> by.flrat class mail unless aPPlic�ld 1�.w.requires use of anottk,°r�ethod.Tha nodce shall be directed w the Pmperty•A►ddrass ar eny
<br /> .. other address Batrowea dPSigt�%�s by�nodce w Lender.Aay nodce to Lender st►all be given by firrst olas.s mail to Lender's address
<br /> statsd heaein�or�;�y aihe$addtass I.endea designates bY aodce to Somower.Any nottce provided for�n this Security Insm�ment
<br /> " sp�111��eemed to hava I�ea,given to Borrower or I,cnder when givea as provided in this Pae�gaPh.
<br /> � �5.Governing Law,9awn�ability. 'I1►is Security Insuument shall�be govemed by fedaral law and the!aw of the jurisdicdon
<br /> . _�.::k��i.,.° in which the PrapetlY is iac2�.in tha cve�ii�hai an3r gm�f�n�r r.la�of!hiR Securicy Iasuument or the Note conflicts with
<br /> applic�ble law.sua's'wnflia sha11 not affect ath�provisions of this Securtty Instnement�Ar tho Note wh�eb can be given effect
<br /> � � . wIthout the contlicY+ng Provision.To this end the�mvisions of d�is Secwrity Ins�ment and�the Note are declared to be severable.
<br /> � . .• ` Il6.Borrotves's Copy. Borrawer shaU be gvea ona conformad aopy of the Note and of d�s Security Insaument
<br />- -�.��*`;�.� Il7.Transfer ot We Pro�Oertq or a Beneftciat[nter8st in Bormwer. If all or any�p�t of the Pmperiy ar any intetest in it is
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<br /> i„V,�; ;�.+ . so2d or tiansferre�(ar if a beneficjal wtecest m Borrower�s svtd�ot uansfeired and��orco�vuer is not a nauual persoa) aithout
<br /> -.�a:;f-�_:i• L�admr's prior ariuen canser►t,Lender raay,at its optioa,te�luira immediate VaYment��n,�'uil'�pf all sutns secured by,ihis Security
<br /> -- . . - Insawreent However..this option sdall not ba exercised by Lend�if ea�ercise ls protdbited by fedemY 1aw as of d�e date of this .
<br /> `�� .-.'�`. $CCUt�[�II11Stri1mCil�.
<br /> =°�J„;r>'�-,. .. �����this aption,Lender s1wf18�ve Borrower notice of acceleraSon.The aotice shall pmvide a perlod of not less
<br /> �3;�;;;,;� than 30 days from the date the nodca ls delivered or mailed+witbin�which Borc+�we.r mast pay all sums secured by this Security
<br />--� ���:=a�__.-9 Instn�men�If Boirowet falls oo pay ihese sums priAC w�tho ex�iratien of thie pa�iod.Lender may invoke any remedies pem►iae�1 bY
<br />--��'-'g'��.�� ' d�ia SecuritY Insttuument without fiutitnr aodce or tlomsnd�aa,Hocrow�r.
<br />-.�•':�:='�.'"�`:�� 18.Bormwer's Right to Reit�state. If Soriowea moqs ceafain conditions.Bmmwer shall dave the right to have enfomement
<br /> __�..,�.,� ,,
<br />�--;;-`:-�`- - of dhis S�►Inst�uaaent•discontinued at any time prirn'to the earlier of:�a)5 daYs(or such othcr pe�rrod as applicable law may
<br /> _,;�", er of sale canfained in this Security Insuurna►�or(b)
<br /> _=�?:���ir, specify for cejnstatement)beftlra sale of the PmP�Y P��t W anY P�+
<br /> �,;';:,s��°: 1 q 8ntry of a,�udgment eaforcing this 5ecucity Instn�mmeau.Those condidons are that Bonower. (e)PaYs Lend�ell sums which then
<br /> st
<br /> �' woWd be due under this Secauity instcu�ent and the Note as if no axoleration l�ad oocutred;(b)cures any default of any other
<br />�.'w,it�i;:� en • s all expenses incumed ia enforcing this Secarity InsGrumeat,including. but not limitecl tn,
<br /> -�. K� , oovenants or agteecn ts, (c) PaY
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<br /> ."=,,,;�., re�sonable attomeys'feex antf(d) takes sacd ac6on as Lender may reasan&Uly require w assure d�at We lien of this Sec
<br />=i� Instrument,Lemdar's rights in tha Aroperty and Bomower's obltgation to pay the sums secwced by this Securlty Insuument shall
<br /> =u�-+�:�M continue unchange�.Upou�ent by Bortow��d�is Sec�ulry Instcument mtd the obligations secumd hemby shs�l mmain
<br /> =,:-,��.�� ,.
<br /> ---° - � fnliy effective as if no axeleration had oociuce�.However,d�is rlSht t,o reinsmte sUalt not apply in the case of acceleratlan un
<br /> :� �� �;�;`,'� ? ` paragraph 17. iaterest in the Note (together with d�is Secwrtty
<br />_ �.:
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<br /> �_,.,s . 19. Sale ot Note: Change oi Loan Servioer. 'It�e Note ot a
<br /> _ • .,� ; InsUWnent)may be sold one or more w�ees wtthout prlor nottce to Bomnwer.A sals may result in a change in t}ee�tity(knowa es
<br /> � .(���: ;;� the"Luatt Servicer")that collects monthly payments due uada the Note end this Security Instrument'lhere aLso may be one or
<br /> . . ,.�,�,',, more changes of the Loan Servicer w�related w a sale of the Note.If there is a change of the L�a Seivicer.Bomower will be given
<br /> � , ��� wrtttan notics of Yhq cd$nBe in socordance wlth paiagraPh 14 above and appllcable law.lhe notico will state the aame and address
<br />- , i�^ of the naw Loan�5ervicer and tha addmss W which PaYments shonld h�made.The notice will also contau►any od�er iafarmation _
<br /> , �. e+aqa�ed bY aAPlicable la�v. or release of any
<br /> . . �,� 20.,Hazarduns SuGst�.�s�. Bonower st�all not cause or permic che presence.use.disPosal.�r�e.
<br /> �� H�ardous Substanoes on or in the Pco�ertY.$oaowa shall aot do�nor allow anyone else w do�anythiag affecting the Property
<br /> ��••"� '�'� that is in violation of any Bnvimnmentat Law.'I4ie�P n�e d i n8 two sentPa►r�es shall not apply to tha preseaoe.nse.or storage on ths
<br /> .:�'� �_ a..,�• _.. _�—_,. -� .s vo��»�cnhumt�c�that s[e seue�BllY teCO�d�ed W be aPP�PrietB tD o0m�1�85tdeYtUe1 uses efld
<br /> �- . - � - -.--_ rlOpRl7 tlt otttNt yvasasawo v....�..�-------- - ' ,
<br /> f . to maintensnce of the Pc�operty.
<br /> .. Bomower shall pmmPdY Bive Lender wriuen notice of any investigation,claim.demand,lawsuit or other action by any
<br /> gove�nmenml ar regulamrY aSe�cY�Pn�P�Y involving the Propaty and any Hazardous Subsmnce or Envitonmental Law of
<br /> � � ' which Borrower 1�acwal lrnowledge. If Borrowep leams.or is aoclf'ied by any govemmental or regulatory authority.that any
<br /> � removal or othcr remediation of 2ny Hazerdous SuUslanoe af[ecan8 the ProPert�'is°�'• Bornower shall promptly take all
<br /> ; ' nec�s�ry remalial actions in a000rdanoe with Bnvirotu�nenmt Law.
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<br />- „ Intt i�.�
<br /> ; � �•6N(NE� �sao+).oz CHL(01�9� Pape 4 oI8 Form 302a 9/90
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