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<br />_i=�;�°��%''���=:f=�': �ubstantiaUy eqwvaleat mortgage�murance oovPrage is not availuble.�Orr�wer shall pay to Lender each month a sum eqw�l to F
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<br /> z ;r, y,� :. .• dne-twetRh of the yearty mnrtga�e ins�uance preminm beins @aid by Borrower when the irtsurance rnvrrage lapsrci or ceasod to i,
<br /> . �=� pe in et't�ct.Lender wiil aocep�u�e aad retain thes�paym�ts a9 3 toss reserve in lieu of mortgage i�urance. [.ass reserve =
<br /> �ti,;-_��:`':�.":F i-<'_�, payments may no longer de[e�tiir�d.'at ihe opdon of laadPr.if mortpge��.��cavcaage(in the amou�rt and fos the period �`
<br />.,�. ���:�� ';` �.��t'. that Eattder requires)Pmvided tiy an iasur�r approved by Lender a�vn becotr�cs availabie and ts obtained. Rorrower shall PaY (t� �,
<br /> ° �`°"°�5```''' tGe premiumc resluired to�aintain mortgage i�suranoe ie effea.or to pmvlde a toss n�erve.untii the requiremert for mortgage � °
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<br /> M< � ,_ • insutance�ends ip acoordaac�wItb atty wrtuen agreement berivcen.Barca�ver and Lender ar.applicabte taw. � _
<br />--�`'�`;�'-`:�'���';:�`��_: 9 Iay�etton.tender or us agent may�sake reasona'ble emsies upoa auA iaspections of the PropertY• L�nder shali give `
<br /> �:°::.:`,�=_ �.5<."; Batraarer nottae at tfte time of or prior W an fnsQection specifying►�soinble rause for t6e insy�ecCson. � r:.
<br /> .. ' �"�`� :'��`. . t0.Condetnaatinu.T6e proc.eeds af any award or ciaun far dama�es. direst or consec�Cential. in canaeetion witQ any a
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<br />-�,�.�,��>:�-.'..:�•��; wndernnation ar other taking uf any part of the Propeny.or for conveyance in lieu af candemnation. am her�y assigned and �
<br /> ` ' 1��- shail be paid to l.ender. � !.
<br /> _ z. `� ,f`r.,-:' In�tl�e eveat of a tota!ta�ciing of the Property.the proceeds shall be applied to the sums securpd by chis SecuRty Instrument. � �'
<br /> ,:;>�,-.,....� ..
<br /> ,:�'� :� arhether or not titeES due.with any excess paid to Bomower. In the event of a partial taking of the Prapecty in which the fair �
<br /> -. "r�1�=- market vatue of the Property immediatcly before the takIng as eqnal to or greater than the m�wmn of the sums s�cvmi by this
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<br /> .. .��.. . Sec,vtity instrnm�mt emmediatety 6efore the talang.unless Bormwer and lxnder otlu:nvise agree in writing.the sums secured by
<br /> _ ''':� �"'�r:�'�'�`_ � tltis Seauity [���.°t shal! 6e reduc,ed Isy tht amouat of the pmaeeds utultiplied by ttte foltowing tiaction: (a)the tota! �-
<br /> ��e;��;::'.<<,��; i. E_
<br /> �.<.._t�Y;�-y::r.a r;;°, atnount of tf�e sums secared immediateiy before the taking. divide�by(b)the fair macket value of[he proPeriY �ma�ed�azely �_:
<br /> , '3�> :4..:�•.�°::..�. before the taltiag. Any balance st�ail be paid to Bosmwer. In the event of a partial taking of the Property in which the fau E.
<br /> ��'``�,°-:-��,:,•,_:- market vatus of the Pcopeny imraediately befone the taking is tes5 than the amount of the sum�secured imtrsediately 6efore the _
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<br />_';u��-,;,:..' :',;j,:''�: pkin8•ualess Bomoaer and l�nder otherwise agtee in writing os unless appiirabie taw othenvise provides. the procceds shall �`;
<br /> �'.�` ;<;•=.:r be a�pH�to the suutc seetsred by this S�sriry Insoiuiaent whether or rtot dte sumc are then due. o
<br /> :c:r�:`-';;�•�:�'��L;` If the Property is abandoned by Borrower,or if.aftes noti�e by i.ender to Horrowet that the wndemnor offers to make an =
<br /> - — °:'� awand ar seule a claim for damages, Barrower fails w respond to I.rnder within 30 days after tlrc date the aatice is given.
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<br /> w '���i,�.�:; Lender is aq,thoriud to oollect and appfy the proctxds.at iu aption.eithes sn c+estoration os repais of the Pc+operty ar w t6e s�ms
<br /> :�;�:;:r:<��;�;'�.::�;F, ' secured by this Security Instrumen�whethet or not then due. —
<br /> + ': Urttess Leader aad Bonower othenvise agree in writing, any appliration of procerd.s to p+incipai shall not eateAd or
<br /> ,;' .`� postpone the dne date of the monthty paymen zeferred to in paragrapf�s 1 and.2 or change t4e amo�wt of sucA paymerts. `-
<br /> - -�;��;�';-'. . . 1�.Qoreawer Nat B�Farlb � By Le�nder Not a Waiver.Fatcnsian of the time for paym�t os modit�c�ian e
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<br /> t _�•. � R; � of amacti�atioa of ttie sams seaued by this Securiry Insuument granted by L,eader to any succe.ssur id interest of Borrowet shall `°
<br /> �.�:_.;;k.5.,;._..: ',� not operate w tdease the tiability of ttte origtnal Borrower or Bormwer's sn�c�ssors in interest. I�ender shall not be required to �_
<br /> �: . o�nee pmoeedings agauist arry sncce�ssur in in[eresc or reficse to extend time for paymeat or otherwise modify amnmzatioa _
<br /> .�.,., ;• af'the swns secared by ihis Security Iastmme�nt by reason of aay demaad maite by the originat Sorrower or Bariower's _
<br /> �4�F` -"�`'• successors in.i�.A�y for�a�e by La�er en e�e�rism�any right or remedy shal! not 6e a waivec of or preduda the =
<br /> ' eaercise af mry r�gMvr re�nedy. • °
<br /> { `., . . 1Z.Suoces�ass and Asgfgas Bat�dofnt and Seveaat Liabitity;Co�iguas.The covenaMs and�agreemerits of this
<br /> �....-��.� -n` �: ��Y Iasuument sLatl biM arid baiefit the suocessms and assi$as of Lenct�and Bo�sower, sublect to the provis�ans of -
<br /> �,`�; . ` ,� , �aragrapb 1'l. Eorrawer's caveaants and ag�emeats shaU be joim�d severai. Arry 8orrower who co-sigas this Sea�rity —
<br /> ,.,_.'�;;.•.;�`'`: I�traaiea�t I�ut daes aut e�cute the Not� (a)is co-signiag this 3ecuctty Instrameut onty W mort8a8e•8rant and oomey that —
<br /> .,..� .�
<br /> a ' , ;, : � :"Borrower's inteaest in the Pcpperty ander the tcrms of this Secarity tasdumen�tb)is not gersonaily obligaitd to pay.the sua�s_ _
<br /> ' .�. f::;,�:`°�' se�red 6y,ibis Se�vrity�en�and(�c)agrees t6ai Lender and ariy other Horrawer may agree w extend.modify.forbear or _
<br /> - �'•°-.'''-``� ' make aay acoomwndations with tegand c�t�e terms of thia Ser,urity.Instrumeat or the Note without that Borrowe:'s voaseat. . �.
<br /> . � �.:'�y:{.:;.i ; . l3.'Loan ChBtges.If t11e loau sec�ued by this Sectuity InsUUtneat is subjeCt to a law.whIch s�s maximum loatl char�es. _
<br /> :%;'-..h";.°:,:;.,� ,:�nd tl�ai taw is finatly�uteip�eted so that tfle interest or other loan dmrges wlteeted or to be ealterta!in oannection whh the -
<br /> �''`�'� `�` " �;;J�an exeead the permitted.�is,then:(a)any such loan charge sha11 be r+educed by thc amnnat aecxs.gary oo reduce the c6arge
<br /> . x•.:-::,:.. .r-. �
<br /> a`;-:"y:' ;,�:, :. • ,.': "tif 1he pc�miued limit;aa�N)anY sams atready co�tected frmn Borrower which e�d�pems�ued fimits�1 be retuad�to
<br /> ��, . ;�4nowea. Leadea.�aj►chaose fo maicse Wis refand by ced�cing the piirtcipal ow�l ander the Noie or by making a di�t ' -
<br /> m
<br /> 5f...."°_,:•-_.-- ' AaYment w Borcawer. If a.refuad redaces priacipal. the redactiort wil! be treated as a panial piepaymeat without aay . _
<br /> ,:�::�;...',."�.:. . - QrepaYareat chatge oader the Note. � �
<br /> , . `:a ' . 14.Notiaes.Auyi_nctece w Bflrrower pmvidod far in this Seattity Instmu�eat sd�all be.given by delivering it or by mailing
<br /> '"'��'`;>` =� it by first class mail udess applirabte law requires use of anothes method..The aat,ice shalf 6e dic+ected to the Property Address
<br /> �' t�
<br /> ; � � . or any+other address�omnwer designates by antice ta Lender. Any nadce ta I.ende�.shall be gtven by first class mail�W
<br /> ---__== Lender's ac�ta.�s sta�dereia or any ather address Lender desi�nates by aottoe tv Borrflwer.My notiee provided lor,in this�.
<br /> --`= ,SAwrItY I�ent shalt be dee�ned tn 6ays been given to 8arrowet as Leader when givea as providod in this�panagcayh, .
<br /> -- -_-=_-�_�; �S.�c�atag 4aw: Sev�abiHty..7l�is Secvrity.Insunnaent:shall 6e goveened �y fedeml law and die !aw Qf the
<br /> --—_._--� . .��sdicaion ib which the P�+ngeety�S.Wwted:I»the event that any pravisian or clause of t�ts Security_Iasaument or the Note
<br /> __=_=�� ;::u�flicts with applicabte i�:sach conflict s6a11 nat aff�Ct uther pmvistons of tws Secartt9 Instramerif or the Note arhieh can be .
<br /> �_-���=��3 . �give�i effec�withaut the oa�ltcti�rg provis�on.To thPs�d the�mvisian4 of tlris Secv�ty Insa�cw aad the Note are dectared
<br /> ___�:_;��a. to be severable. . . inc�mment.
<br /> ���� lb.Borrowe�s Copy.8mrower shali be given.one ooafoimed eopy of the Note and of flus Secarity . ' �
<br /> -`"�.—:����=;". . '17.�'raa�ee of the Peopetty or a Beaeftclallater�rs�in BLmuwer.If all or any part of the P�oDertN or aay intere�t 6s it
<br /> _ ,.�"�� is sotd or transfet�d(or�f�beneficia!interest in Borrower is snld ot treasferred apd Borrawer is nat a�tatural person)withont •
<br /> �� �. Le�der's prFor wtitten oa}�t. l.ender may. at its option, �� �m�nedi�e}�yment in fiilI of a!1 sumg.secured by tti�is
<br /> —::--�v:�:;;� ' SeruritY Insttumen�Harf�,�n,this.option shall not be eaerclsed bp.Lender if�e 1s Prohibited by fcderal faw as of the dare
<br /> -. � ; , • di this Secu�x tnsnument. . . � ' .
<br /> '�„i � ��' �: � If i�d+et e�cerck�s ihis opt�on.Leader shailp�ve Bomuwer notiee of maceleratlon.The notice shaU provide a peria�d c�mat =
<br /> --=>'y... . � less thaw 30 days from tTte date the natice�S del�ver�ed or mailed within wbich Borrowec must pay aU som9 sewrorl t�r'�c�iis _.
<br /> -�- � ;:.�`'.� . � Secucity Iastru�neat.If Bomower fails top,ay these sums prtor to ihe expirai�oa of this period,Lender may ini�roke any remedies
<br /> ;� :� tr neat . • .
<br /> � � 'i�� � Oemdued b�t this Secun tn5tn�meAt without fu:ther eiotice or demattd ott Borrower. _ . , �
<br /> -,:,.:,.:�;w ., 18. Ba�nowe�e.�!►t to Retestate. If Baisa�arer meets oertain oonditi�s. Bomower shall have�x8e:stght W have =
<br /> .. �°
<br /> -'�`°..►,'_'.:� =. �eoforcement of this Seau�cy Insuuaieat discontinned at anyr�dme prtm w the eattier of: (a�5 days (or sach ather,pe�od as -.
<br /> .���;,�:;�:.��:•�, eppli�bl. !�v iaay specUy fos reinsmte�tt? hefore sale of We I�royerty �utsnAnt w mry pow�r o!sale oontaiaed In•Q�is . ,_
<br /> •;� : .� . g, . Seairity lastsument:or(b)entry of a judgment enforciAg this�SecurIty�iamament.Tt�ase coad�idoas are that Barrower:(a)Pal+S -
<br /> ,•, ;:. , � '�` Lc�der a!!sun�.v wiatcT�theu would ba due under tius Seauity Iastrument aud tbe Note as 1f rto aooeteration had o.a�wm�d;(b�
<br /> ` :�t...Y.':q,. .
<br /> � ,� � c1�aoY.defsWt o�ar►Y qthet cavenanta or ag�eeatents:(c)FaYs all expeuses 1rc�ured.ln eafarciag tWs Seaaih►tasmiment, .
<br /> °` - ;`-�' inciadiag.bnt ttot litnited w,reasoaable attomeys'fees:aad�d)t8�es sac6 actian as Lendei a�ay reasonabty require to assure
<br /> -- '.,=°•-�° that the lien of d�is Secvrity lnstnunent.Lender's�ts ia We Prvperty and Borrower's obligation to pay the sums seaued by
<br /> "`� '"`��`�' this Security Instrument aba1Z oontimie uachang Uyon reinstatemem by Borrower. Uils Security im7rument and the _
<br /> _;�.�•�l, ,;�'��r� �:-., obligadon9 secured heredy s6alt remain fulty effeaive as if no acoeleratton had aca�r�ed.However.this t�ht to reinstate�!l -
<br /> .. �,.�;..,�s^,;� .notaypt�y in the case of accetetaiton under pategr.a�h 17.
<br /> '�:`':f.- !: , � 19. Sale of PTote;Cfiaage ot!.o$n 9ervtcer.The Note or a partial inietest in the Note(together wItb thts Seauity ,
<br /> _:,_c�--,-:_�:._ Msbimnent)raaY 6e sold onc or more times wdthaut prios.rcotice w 8oanwer.d sale may resuit in a dr�e in the emity�tcnown .
<br /> ,-"� � ��.:.� '�'� a4 t6e°Loan Servicer')that oolfects mamhtY PaYm�s due under the Noce and this Seauity instmment.77�ene aLso may beane
<br /> U,��; �.`..;; . ur more ctaanges of the Loan Servicer u�elated to a sale oi�he�Not�.It the�is a cbaage of[he Loan Seevlcer.8aimtiver wili ba
<br /> c
<br /> .. :�,. ,' ;. , given written notioe of the d�ange fn aaoordanoe with paragrap614 a6ave aad applh�bie iaw.'fhe aotice wiU state the�e 8nd�
<br /> , ,....�;�..��-'�,.��;• eddress.oi the new Loan Setvicer�end the address to whic6 payments shoutd be made.The notice wi11 atso om►talu�ay oiher �
<br /> • ': infomrattoa required by applicab2e taa. . . •.
<br /> �:•.`:;:,:::,.: 2p.�a7aMouy 6nhstaaces.Barrower shall not cause or permit tLe presem�.use.�dlsposal.sto�ge.or t��e of a'ay
<br /> '-:`:'..".,` �s S�es Qa vt it� the .�u±perty. �armwer shall aat du tror allow ar►yone etse w do.anything afiecting t6e -
<br /> �'�' `.:: `::�:. ; • prope�tyr that is in vtolation o!any�nv�ronn�eatat Law.The pi�eoedin8 two sentences sball noe syply to We presence.nse.or
<br /> - . . .storage on the uf smal!quat►ddes of HaTaMw�s Substances tlmt are geaerdltY reaognired tn be�Pmyriate.to aorma!
<br /> residentia!usw to mainteaance o4 Ute i'roperty. .
<br /> "� °:�;�',�. ac0esofi� i�otm80T8 9180 =
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