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<br /> --- — -.-- 841&868
<br /> ' LOVB -
<br /> . • RE•RECOROEO 98 j �� ����'s�s .
<br /> � ' 12. Succa�sora and Assigns Bound= Jotnt A d S�►� �;CO�nder and Borrowernsub ect to the provisions '� "
<br /> this Secur[ty Instrument shall bind and benefit the successors and assigns of Le l
<br /> of paragruph 17. Bonower's covenanta und agreements shail be Joint and several. Any Borrower who ca-�igns this Security � ,
<br /> � ' Instcument but does not execute the Notc: �a)!s co•signing this Securtty Instrument only to mortgage,grant and convey that
<br /> � � Bonawer's interest in the Propecty undee the terms af tbis Securlty Instrumenr, (b)ia aot personally obiigated tn pay tl�e ,}�.
<br /> sums securetf by this Securlry Insttument; and(c) agrees that L.ender and any otl�er Bonower may agrce to cxtend. modify, .
<br /> . , forbear or make any accommodations�vith regard to the terms of [bis Security[nscrument or tbe No[e wiQ�out that Borrovr• ..-�.
<br /> er's wnsent. "�
<br /> • _.--,; ig, Loan Charges. If the loan secured by this Securiry Instrument is subjecc eo a law which sets maxtmum loan u,-
<br /> ,"=.�*f�� charges.and that law is finally interpreced so tbat the interest or other loan ebarges collected or to be collected in coiu►ection -
<br /> � ''�` wtth the loan excced the perminetl limits,then: (a) any such loan chazge shaU be reduced by the amount aecessary to reduce __
<br /> ' the charge to the pennttted limit: aad(b)any sums already collected from Bonower which ezceeded pennitted limi�4 will _- -
<br /> , � � ., � be cefunded to Borrower. Lender may choose to make this refund by redacing dle principal owed under the Note or by = -
<br /> , • making a direct payment to Borrower. If a refund reduces prlacipal, the reduction will be treated as a partial prepaytnent
<br /> • withaut any ptepayment charge under the Note. _
<br /> � 14. Noitces. My notice to Borrower provided for in this Securiry lnstrument ahall be given by deliveriag it or
<br /> �'� by mailins it by first class mail unless appltcable law requires use of another mettwd. 1'he notice shall he directed to t6e --
<br /> �, Pcoperty Address or any other address Borrower designates by aotice to Lender. Any notice to l.ender shall be given by
<br /> _t. first ciass mail to Lender's address stated henin or anY ather addresa Lender desfgnates by aodce to Borrower. AnY notice
<br /> � provided for in this Security lnstrun►ont s�a11 be deeraed to have been given to Borrower or Lender when givea as pmvidat __
<br /> in thia paragraph.
<br /> 1S. Governins I.ew9 S�verability. This Security Instrument shail be govemed by federal law and the law of the _ _
<br /> jurisdiction ia wluch the Property is located. In t6e event that aay provision or clause of thts Securiry Instmment or tde Note °
<br /> � '' confltcts with applicable law,such coafllct shaU not affect other pmvisions of this Security Insm�ment or the Note wbich
<br /> • ' can be given effect without the conftic�ivg pravision. To this end the provisions of this Sectutty Insuument and the Nate
<br /> • ` are declared to be severable.
<br /> 16. Borrower's Copy. Borrower sha11 t�given oae conformed wpy of the Note and of diis Se�uriry Insuumeenn�
<br /> ° 17, Trar�ster of the Pe+nperty or a Beae?ddA4�nterest tn Borrowe�.If all or any part of tLe Property �- -
<br /> interest in it is sold or transferred (or if a beneficIal interest ia Bornaarer is sold or traz►sferred and Bomower is not a natural
<br /> ` nersonl wia0ouc Leieder's prior writte�c0nsent, Leader may,at 1ts option. require immediste paYment ia full of all sums
<br /> - ,_ "�,.....�...
<br /> � secured by t�is Securiry Insuument. Howaver,this option shall not•tre exer�iseci oy Ixuder ii rxaicisa w veva„��w..�y.°-�a
<br /> �.`.:�;., " al law as of the date of this Securtty Iastnunent. .
<br />��;;��,i;;;�. •. � If Ixnder exercis�s ttlts option, Leader shaU give Borrower notice of.aoceleradon. ?he notice sliall pmvide a period
<br /> - 'i?�t,'•_ of not tess cQan 30 days from the date the notice is d�livered or mailed withia which Borrower must pay alt sutns secured
<br /> a
<br /> '���`�".�.�•= b th;$Securigjr �suument. If Borrower fails ro pay these sums prior to the expiratioa of tQis�eriod.Lender may invoke
<br />�_,._.r:-.-. . Y -_ _
<br /> �"�4�,;.;`� ,� any remedies perinitted by ttiis Security Insuument without further a�s�tice or den�and oa Boro�ver.
<br />=�!'`',?� � - " lg. Horrower's Right W Reinstate. If Borrower meets certaia condittons, Borrowcr shalt have the rig�t to have
<br /> ..4't.5 y-.
<br />;-.;;!�'�'� ' '..enfor�ement,of chis Security Insnument discondaued at any dme prior to thC e,atlier of:(a)5 days Cor such other period
<br />-T•:-.; '�
<br /> - - ,,.,..,, `as applio�ble �iaw may sPecify for reinstatemart) before sale of the PrupraiRy pwsu2ttt to any power of sale containod in this
<br />-j� •.��:�� Securiry Insa[µment; or (b) enu5+ of a judgment enforcing this Sec�iriry Inswment. 'lhose condidons are that Bonowerz
<br /> .'`'°.�., ` � (a) PaYs Leader all sums ahich then would be due under this Securiry Instrumtent and the IVote as if ao acreleratton hael
<br /> 1I._'Yt..w
<br />'��;;;� � occurrod:N)cures any default of any other covenants or�eements:(c)Pays aU expenses iacumd 3a enforcing tbis Securl- _
<br />'=''s��r � ty��unem. including; bui aot limited to, reasonable auorneys'fees;aud(d)takes such acdon as I.ender may reasonably _
<br /> z;,5,�r: � -_
<br /> y::��=:r+' �� require to assute that�tt►e lim af tbis Securlry Instrument.Lender's rights ia the Property and Borrower's obligation to paY
<br /> ..�i;.ti..s..: —
<br />���`.-'� the sums s�tuted by this Security lnstrument shall oontinue unchanged. Upon reinstatement by Bomowor, this Security -
<br />-,r�:-,r-.•,
<br /> .�.� � ' strument and che obiigttpmns seau� �ereby shaU remaia fu11Y effecttve as if ao aaeleration had occuired. However,th{s
<br /> ,`�r"..' .; ' ..
<br /> ��-:`1,;.. .::; right to reinstate sha11 noi,apply ia the case of accelc�ation under paragraph 17.
<br /> :;�;�;;.,s >,- ., .
<br />_�;�:�;,;+- 19. Sale of Note;Change of Loan Servtcei'•.The Note or a partial interest in the Note(mgether i�ritb this Security
<br />�;d�'��;�_ j��ent) ma.y be sold one or more drn�s wtthout prior aoace to Borrower. A sale may t+esulc In a change In the entity
<br /> ���.�:L::'� (icnown as the "Loan Servicer") that oollecta monthly payments due uader the Note and this Security Insuument. There
<br /> �=�"""'�""`""'� also rnay be oae or more changes of the Loan Servicer unrelated to a sate of the Note. If then is a change of thE Loan
<br /> �`�'�°'�� Servicer.Borrower will be given wrluen notice of the change in accordaace wttb paragr8Ph 14 above and applicable law_
<br /> �L 7r.f ��:.•'•� .
<br /> '�'"'���'�.. The notice wlll state the name and adMess of the aew Loan Servicer and iheacld�ess to which paymeats should be made. _
<br /> �.;::.:•':.; G�;�- -
<br /> ����� � The notice wjll also contain any other informltion required by applicable law.
<br /> ,y. .. .t.��..ib
<br /> �. vr.�_•. ..,,:. .,:� . Z0. Harerdous Substances. Bomower ahall not cause or petmit ffie psesenoe. use.disposal�storage.or r+elease
<br />_-ti;;,� •. :. ;-�c,,.�,..
<br /> �%��;;;. '• _ 1f'; of any Hazardous Substanoes on or in the Property. Bomower shall aot do,nor allow aayone else to do,anything affecting __
<br /> .;_ai� �:�4�
<br /> - ,: ihe property that Is in violation of eny F.nv[t+anmeutal Law. 17ie prec�iag two sentenoes shall not 2pply to the presence,
<br /> ;:,•;.��. �, use. or storage on the Property of small quantities of�Ia�ardous Substances Eb.�t are generally mcognized to De appropriate �
<br /> • to normal cesidential uses and to maintenaace of the Puoperty. . �;,
<br /> - �` Basower shalt pramptlY give Leader writtea notice of any investigadon, claim,demand,lawsuit or dthez acdon by �_
<br />-. }; anY gavemmentat or regulatory ageacy or private party invoiving the�'roperty and any Harardous Substance or Envu�nt- -
<br /> - mentat Law of which ffiorrower has accuai lmowledge. If Borrower leains, or is nodfied by any governmensat or regulato�r _;;
<br />_ �:
<br /> r authoriry, that any removal or other reme�iationof eny Ftazardous Substaace��cdn�the Pcoperty is ner�ssary,Bonrower� ,:",-;-
<br /> --�-�_-�- shail DlumPtlY takc all necessaiY remedial acdons in acoosdance with Enviroamental Law. ��'
<br /> - _L.���J�..� r�L►�we --
<br />_ .� - As used itt this pS[e$i�1Ph Z0. "HaZdtQOUB Jltlfs[�ces' ate mose suosi�ncs uciiucu ai 2i,i.i�v. uo�.�,..n�.o o�..ro.o....o �.:
<br /> , „ ' - by Envimnmental L.aW+and the following substanoes:gasoline, kerosene.other flammable or toxtc petroleum products,•toxic �:
<br /> �-
<br /> , pesticides and herblcides. volatile solvents, materials wntaiaing asbestos or formaldehyde.and radioactive materials. As �:,
<br /> ' h 20. Environmental Law'tneans federal laws and laws of the jurisdtction where the Property is locat- :_.
<br /> used in this Paragr'aP "
<br />- ed that relace to flealth,safety or environmeatal protection. �J::
<br /> - NON-UNIFORM COVBNANTS. Borrower and I.ender f u rt her coveaant an d agree as fo l lows:
<br /> � Zl. Acceteration; Remedies. Lender shall gtve notice to Bormwer prtor to aaelecatton following Borro�rer's
<br /> � breach of aay rnvenant or ag.reement in thEs Security Instrument (but not prlor to acceleratton under parag�aph 19
<br /> 242019(i/each nsrU31(121433 i20343j Fotm 3(!Z$9/40 (Eqga 4 of6�agesl �
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