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<br /> suh.tumiully cyui��nlcnt nwn�ugc in:�ir:mcc cuvcrutic ir not av;iilut�lc l3urr��w��r ,hall p,iy t„l.rndrr carh nwnth u wm equiil tu
<br /> ' oik-twelftq uf the ye:uly nN�rY�ag�� uisuruikc premium Iking ruid�y&�rrnwer���hen ihc intiur:ince c„ecru�r Inp�ed ur rr,i�cd t��
<br /> tk fn cfl'crt. l,cn4lcr��III �K•rc�t,u�c un�)rclain thcu�paymcniti as :a luss rescr��� io licu iif muiig�i�c in,ur.mrc. Ln,ti rc�crvr
<br /> r;q�mcnli m;�y n��Inng�r t+c r�i�nlrcd.u!Ihe nplinn��I Lc�xlcr, il'n�ungugc in,ur:�urc crn�crci�;c lin Ihr�unrnu�t and fur Ihc peri�xl
<br /> ilra f.rrxlcr r��yuir«)prnvlJ�� hy �m insuror upprovrd hy I.��xlcr again hecomc,u�•ailnhlc and i�ubu�incJ. Ikirruµ�rr tih,dl pay�p
<br /> Ihc prcuilumti r�yulrc4l hi m;ii�ualn murtgugc In,uran�:r In cffr��,nr mprovi�lc u lu�ti rc,cc�-r,until Ihr requirrmcnt fnr murtEag��
<br /> In,ur�m��eixis in ucc��rdaix� ��•lih uny wrntcn u�!r�cmenl helween t3uru►w�r and l.cn�lrr ur�ipplirahlc liiN�,
<br /> 9. Iny�tiun. I.cndcr c�r ilti aqcnt nia�� mukc nutionahlc cnt�in u(�m an.l in+�xclii,ns i�f�Ihc Ih•u�rty. Lr�ulcr ,hall givc I
<br /> &,rruwcr►wHla ut�hu�Inx of'ur priur lu un n��xtiHnn+�xcil'ying rc�K�nahlc rau�c fi�r Ihc im�xxcliun. M�
<br /> l0. ('ondrmn�lN�n. 'fh�pnkc�tils uf uny aH�;�rd ur cluim li,rda�uagc,, dirert �sr conuipiruti.il, in runncciion �+-ith unyM"�
<br /> �ondc�nnaliun ur nthcr takiug uf a�ty p:in uf thc Prnper���,ur fnr c��mcyan�a in li�u +�(�uud�i�matiun, ar.: hcr��b}n.�igikd u�xl
<br /> �hull ix puid to I_cixler.
<br /> In the cvcnt of u tutul�uking ui'Ih�Pro�x;rty,�hc prck�c�Yls+hull�: applicd to ihc tium,scrurcd hy this Securily Instrumcnt,
<br /> whcthcr c�r niit thcn�lur. with any rxrrtiti �:ud to &�rruu�cr. In Ihc¢vcnl uf a paniul tuking uf tl�c Pru�x�rty in whirh thc f�iir�
<br /> market vuluc��f the Pru�xny iunncdlutcly bcfurc thc taking iti cyu:d iu ur�rcntrr�han tho ainouiu ui'the sumti ��rural by �his
<br /> Security In.r�rumem inurn�llutcly tx:f��re thc�;iking, unless&�rruwer aiKl LenQer utherwitie ugrec in writin�, the sumy secured by
<br /> this Sccuriiy bis�rumenl �hidl fx� �aluc�vl by �hc unmunt i�f Ific prn�ccds multiplird by thc falluwing fruciion:la) thc tc�l•rl
<br /> arnount uf the sums ,ccureJ immediatcl�� hefore thc �akin�, �iividcJby (b) thc fair tnarkct value ��f the Property immccliutely
<br /> bcf�rc the taking. Any halunce�hull be paid tu Borrowc:r. In�h� c��nt��t' a p:inial taking ot'the Property in which ihc fuir
<br /> nwrket valuc��F che Prnpeny imnx�liately beforc�he taking is less Ilwn thc unx►unt i�f the sums sc�ured immeJiately beforc tt�
<br /> Iaking, unless F3�rmw•er aixl Lernlcr otherwise agree in writing or unless upplicuble law utherwice provides, the proceecls shull
<br /> Ix applied to the sums+ecure�i by this Securit�-Instrument�•h�ther orniat the sums•rre then duc.
<br /> If ihe Pruperty iti al�aiNloneci hy Dorr�,wer.ur if.atter ni�tice bg Lender to l�orruwer thut the cuu��mnor ol'I'er�tu nuikr an
<br /> uwurd or +ctde u rluim ti�r damagcs, &�rrowcr fuils to rcypuixl to LenJcr withi❑ �0 duys aflrr thc d�te thc nolicc is givcn,
<br /> Leixier is uuth��rized ta collM:t aixi upply the prc►c�r�l.r•,at its uptio�,eiiher to restoration or rcpair of the Pr��perty or to thc sums
<br /> secur��cf by this Secarity insnuinent,whether or nat then duc.
<br /> Unless Lender aixi Qorrower otherwise agrec in writing, uny application of pmcecds to principal shaU ix�t extcnd ur
<br /> postpone the due drte of the momhly payments referred to in puragraphs I and 2�n•chunge the amount uf such paynxnts.
<br /> ll. Bu�mwer NM RdesaKd; Fort►earance!iy Ix�der N�d s�1ti'wiver. Extcnsion of thc timc for payment ur malification
<br /> uf amorti�.ation of the sums securni by thiz Security Inxtrunxnt dram�l by Leixicr w any successor in intere.et of Borrower shall
<br /> not uperate to rele�se the liability of the original Borrower or Aittrorer's successon in interest, Lender shall not be rcquirc.�d to
<br /> comnxnce proceedings ag�inst any successor in interest or refuse toexte�xl tinx� fur payment or otherwise modify anx�rtization
<br /> of Ihe �ums securcd by this Security Instcument by reau+n of aen}•demuncl mude by the original &irrower or Rorrower's
<br /> succossors in intercst. Any forbea�urKe by I.ender in exercising any ri�ht or remedy shall n�n be a waiver of or preclude the
<br /> exercise of any right or remcdy.
<br /> 12. Succes.9on and Assisns Buand; Joint aad Several I.iabllity; Co-siqners. The covenunts urx! agrecments of this
<br /> Security lnstrument shall bind u�d benefit the succe.c.u�rs a�td as�igns of L.encier and &�rrower, subject to th� provisions uf
<br /> pyc�graph 17. Bormwer's covenants and agrecments shall tx joim und several. Any &xrower who co-signs this Security
<br /> fiiSliUticiii uUi��c5 i'rin ciie�aiii i�"ic i�iri2: (di li GCrii�i'illig ti�i5.`�i'duiiiy ��i�i�utiic�Yl tnuy tu (ixlrlgegC, grxn[ and�onvey that
<br /> Bormwer's inter�est in the Propmy under the tenns of this Securicy lavcrunr:ru; (b)is not pei:,onally obligated to ppy the sums
<br /> securcd by this Securiry Instrument;and(c1 agrees that Lencler and an�•othzr Bormwer muy agree to extend, mndify, forbu�r or
<br /> make any acconunodations wieh reganl u�the terms of this Stcuriry Ititrument or the Note withcwt that Borrower's mnsent.
<br /> 13. I.o�n Clurges. If thc loun securai by this Security Instrurrcnt is subject to u law which sets m;►ximum loan charges,
<br /> and that law is finally intemreteJ s��that the interest or other loan rharges colltcted or to be collectod in connection with the
<br /> loan excad the permittai limits,thcn: (a)any such losn charge shall t►e reduced 6y the amount necessary to redua the charge
<br /> to the permittod limit;and(b)a�ry sums alre�ciy collated(rom Borrow�r which exceeded permittod limits will be nefurdai tu
<br /> Borrower. Lender may choose to malce this refund by reducing tk pcincipal owai under the Note or by making a di�ct
<br /> payment to Borrower. If e refund reduces principal, tht reduction will be treatecl as u panial prcpayment without any
<br /> prepayment chargn under the Note.
<br /> 14.Natkes.Any notice to Bormwer proviJed for in thi� Securiiy Instrument shall be given by delivering it ur by muiling
<br /> .it by first class mail unless upplicable law r�quires use of another nx+hod.Tlie notice shall be directed to the Property Address
<br /> or any other addrcss Borrower desigiwtes by notice to Lender. Any nolice to L.e»dcr shall be given by first class mail to
<br /> Lender's address stated hercin or any other address Lender designata by hotice to Borrower. Any notice provided for in this
<br /> Security Insfrument shall be deemed to have Ixen given to Borrower a i_cnder when given as provided in thi�paragraph.
<br /> 15.Governin` I.�w; SererAbility. This Security [nstrumern si�all be governed by federal law und the law of the�
<br /> ,,jurisdiction in which the Property i.r•locatai. in the evont that any provision or cl�use of this Security Instrument or the Note
<br /> ' conflicts with applicable law, �uch conflict shall not affect nther psovisions of this Security Instrument or the Note which can bt
<br /> . ,given effcct without the conflicling provision, To this erxl the provisinns of this Security Instrument and the Note nre Jeslarcd
<br /> to be severable.
<br /> 16.&xrower's Copy.Borrower shf�ll be given one confomic�copy af the Notc and of this Security Instrument.
<br /> 17.Trrmrter ui'lhe Pruperty or a Beneficiai intsrest in Ibrrower,If all or nny part of the Property or any interest in it
<br /> is sold or transferrcd(or if a beneficiul interest in Borrower is sold oi transferrod anci Borrower is not a natucal person)without
<br /> Le�xter's prior written conserit, i.ender m»y, at its option, requirc imn�ediatz payn�ent in full of xll sunes securod by this
<br /> Security Instrumenr, However.lhis option shntl not be exercised by;I.eixier if exercise is prohibiteci by faleral l�w�u oi the dato
<br /> nf this Security Instniment. . `
<br /> lf Lendcr exercises this option, C,encltr shall give Borcower ncitiro of acceleration.The no!tice shall provide a period iif�ot
<br /> less than 30 days from the ds�te tlu notice is delivercd or mailai within which Borrower muyi'pay all sums serured b�,thiS
<br /> Security Inst�ument. If Borrawcr fails to pay these sums prior to the apiration of thiy periaf, Lender may invoke�ny remedies
<br /> pormitted by this Security•Instsum�:nl without further notice or dem�d on Borrov��r."'
<br /> 18. Borrower's RJRht� to Rdnstate. If Borrower meets cenain conditions; Borrower shalf have the right W ha4e
<br /> enfii�+ament of this Security instrument discontinued at any time prio� to the eurlier of: (a) 5 days (or such c>ther puircyd.es`
<br /> applicable law mAy �pecify for reinstal'e:ix:nt) before sale �f th� Prdperiy pursua�it ro any power of sale containod in thiti
<br /> Sa:urity Inswment;or(b)entry of a judgment enforcing this Secu�'ity Instrumont.'Fhose couditions are that Borrowcr: (aj pqys
<br /> l.e�xfer all sums which then wuuld i�c duc undcr thi.r•Security Instrument and tFie Nae as if no acceleratoan had occurred; (b)
<br /> cures any default of any other tovenants or agreements: (c) pays slll expChseh incurrexl in enforcing this :S�ecurity Insttutnent,
<br /> including, but n�t limited to, r�asonable attorncys' fecs; ai�d (d)taakts Such action as Lencicr may rcasonably,rc;quire to assure
<br /> that the lien of this Securiry Trntrument.I..erxler's rights in the Pr�1xnw and Borrowcr's obligation ta pay the surns secured by
<br /> this Securiry lnstnin�ent shall conti�ua unchunged. Upon reuri�ttatement by Borrawer, this Sc�:uriry Instrumtnt and tre
<br /> o'viigaiions xcureri ner�oy snaii remain'ruiiy encriive as ii no acccicra[ion nao occurrCO. HoWevC�, Ihls I'tght to (elnstatC shtill
<br /> not apply in tht case of acceleralion mxfer paragraph 17. .
<br /> !9. S�Ie uf Note; Cluu�ge o[Lown Servker. The Note ur a panixl interest in the Note (together with U�is Security
<br /> Instrument)may bc sold dne or more times without prior rrotice to Barower. A salc may result in a rhange in the entity(known.
<br /> as the"Loan 5ervicer")that collects monthly puyments duc unekr trie N�c�te aixi this Security lnstrunknt.Therc also may be one
<br /> or nwre changes oF the Luan Servieer um^_latal to a sule uf the Note.If there is a change of thc Loan Servicer,Borrowcr will be
<br /> given written►atice of the change in accordance with pan�graph 14 above and applicable law.The�x►tice wilt slate�he name�nd
<br /> acWress of the new Loan Servecer and the s►ddress to which parymoms�hould be ►n;uie.The noticc will atw rnntain any other
<br /> infornuUion reyuirod by appficable law.
<br /> 20. Hrzardous Subet�nces. Borrower shall not caux or permit tlu prcsence, ux. disposal, storage, or rele;�se of any
<br /> Hazurdous Substs�ncc� on or in thc Property. �rrowcr shall not do, iar allow anyone eltie to do, anything affecting the
<br /> Propeny that is in violation af any Envimnmentxl i.aw, The prcc�ding two sentences sl�ull not apply ta the prestncc, use, or
<br /> storage on thc P.operty of sinall quuntities ��f Hazurduus Substancesthat are generally recognized to tx:appropriaie to nnrmal
<br /> rcsidcntial uxs srxl to maintcnance of ttx;Pruperty.
<br /> P�]o�4 Form 3028 9I80
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