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<br /> � 98- 112��42 E�,-,�_
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<br /> L LOAN #: 5800066 �.
<br /> ! in wriun �cation of roccttts to principul shall not cxtend or pc>stpone !
<br /> Unlcss L�du and Botrawu otherwise agree 6,a�y$PP� P t'^�_
<br /> the due date of tho mont�ly payma►t9 reftmd co in paragraphs 1 end 2�r change thc amount of such payments. .�;-
<br /> • i 11.Borrower Not Rele�ed; Forbe�rpave by Leader Not a Waiver. �xtcnsion of ihc dme for paymcnt or mociificauon of �,
<br /> amorUzatlon of thc su�ns sxurc6 bY this Sxurity Instrument grantcd by�..endcr to eny successor�n interest of Borrowu shall not
<br /> �` opupto to release tho IlablUty of the odginal Boirowu or Barrower's succcssors in intcrest. Lender 9he11 not be required to �`.
<br /> commence proccedings agaU�st any successor in intecr.4t or refuse to cxtend timc for payment or aherwise modify amorti�auon of t•�-
<br /> ' '°�� the sums soctuod by thl�Security Instrument by reasan of nny demand made by itie original Borrower or Boccower's successors in
<br /> � intsresG Any forbearance by Lender in exercising any right or rcmedy shaU not bc a wnivcr of or preclude�he excn:isc oi any right
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<br /> 'ti„f � a reme�dy. ments af this °
<br /> � 12. Suaes�or�e �nd Aeeb{ns Bou"d; Jpiot �nd SeverAl l.ixbWty; Caslanere. The covenants and agree _
<br /> Socurity Inswment shall bind and ber►e�t the sua:essors and assigns of Lendcr and Borrower, subject to the provisions of __
<br /> peragniph 17. Sorrower's covenants and agroert'�ents she11 be joint and sevual. Any Borcower who co-signs this Socuriry
<br /> ' instrument but doe�s not exocute the Note: (a) is co-signing this Security Insuument only tn mortgage,grant and convey tha�.
<br /> � florrower's intaest in the Froputy undcr the tcrms of this Securiry Insuument;q�)is not personallY obligated tn paY the sums
<br /> " socnrod by this Sxurlty Instiument;end(c)agrees that I.ender and any other Borrower may agcee co extend,modJfy.forbear or
<br />__� : �e p�y���adong with r�garcl to the tcrms of this Security Instcvment or the Notc without that Borrower's cc�ns�.nc.
<br /> � 13.l.oan Chwrga+. If th�loan sxured bY this Se�uriry Inshument is subjoct to a law which sets mtncimum losn char6es�cu►d
<br />=Z ;', that law ls fuwlly intetpretod so that►t►e interest or other loan charges collected or to be collected in connecaon with Uit loan
<br /> � axceod tl►e pem►iped limiU,thai: (a)any such loan charge sheU be reducat by the amowu necessarY to nduce the chargc to the =
<br />- pumival limit;and(b)uny sums already collected from Borrowcr which eacaded pamiued limlts will be ref�ded�Botrowu.
<br />�� . <�Si':!. Lender m�y e!►oose w make tl�is refund by crducing the principal owed unda the Nate or by�n8m�n�[�charge undu the Note.
<br /> � - [f a refund reduces prl�Gipal,lha reducdon will be tre.ated as a partial P�PaYmcnt without anY P��Y
<br />��'�'.:•; ^ 14.NotiCa. �►ny notice lo Borr°wa pmvided for ui this Sxurity Inslrument shall be given by delivering it o�r b����8�y
<br /> ��' ; '*•• � � by Cust cLw n�il unkss appucabk law requires use of nnother method.'I1�o nodce shall be directed to Ihe PropertY
<br />- other addre,cs Borrowa designates by nake to 1.,er►der.Any notice co[..endu shall be given by fust class mail to Lenda's eddress
<br />-" � s��e�a�ny W�x addte�4s Lendu designates by notice co Borrowa. Any nodce pcovidod for in this Security Insaument
<br />�. :. : •
<br /> ,.; �1 b e d o e m o d c o have boen g iven W Barowa or Lendu when given as providod in tt�is p�88TaPh.
<br /> , -� i S,c`,�.wereiee Law:Serer�bidty. Thls Sxuri.ry Insarument s h a U b c gov u n c d b y f e d u�a l l u w a n d t h e l a w o f t h e jur�sdicdon
<br />'�'`'��F� in which the�'c'opatY is locaud. In the event that any provision or ciause of ini��ix:v�ziy In���m�i c:thP N�re conflicts with
<br /> • . . . l�ro
<br />='' eppUcabk law.such conflict�t►a11 n�t effxt othu provisions of this Socurity Instiument or tbe Note which can bo given effoct
<br /> '-�''=�,;:"'.� wilhout the conNctinS Puovisian.To this end du provisions of this Security Insm�ment and 1he Note are dxlared to b�severable.
<br />�;;;:' �"� : + Sorrowa shall be given one confamod copy of the Note and of this Security Inswmen�
<br /> =-',.Y.,lfi�s'.'. 16.Borro�ver e Copy. of the Pro�xrty or any intaest in it is
<br /> w ;�`4 17.Trwnder of th�Pr�operty or a Benetkl�l Intereat in Rorrown�. If aU ar eny part n without
<br /> n.',.-..1c.�� S
<br /> c�.,.,•a�:t: sold or transferred(or if a beneficial interest in Bortowu is sold or transferrod and Borrowu is not a nawrnl P�
<br />�:: •' �K., T�ndar�e prior writun consent,I.ender may.at its option.raluire immodlat+e PaYment in full of all sums socured by thls Security
<br /> r"='�":: • • n shell noc be exercised by Lender if exacisa Ls prohibited by fede,�al law a9 of the dau of this
<br />��:.4.. .�y , Inaauma�t.However.this opdo
<br />� '�� 5ocurity Instruma►G vide a ad of not less
<br />-�;�':_:�.�,¢ If I.ender exacises thi�option.I..endcr shall Bive Borrowa noace of accekradon.'Ihe notice shall pro ' P�
<br />�T_1Y'_:: �-
<br /> �s�u�,� then 30 day�fmm the date ihe notice!s delivaed or mailed within which Borrower must pay a11 sums sccu[ed by this Socunty
<br />��,,,:._:�.�-.:L._=� Insuuma��If Barowa feiL9 to psy these sucn�prior to the expiration of this paiod,LenJcr may invoke any remodies pa*ntttal bY
<br />',��-���,�L� ihis Socurity Instcumx►t without f�uther notice a demand on Borrowu.
<br />�;,�T:�� • ls,gorrower's Ri�ht to Reinabte. If Borrowu meets certain conditions,Boaower shali yave the r�ht��v�e�le l�aw roay
<br />�,�- • of this Security inspvma�t dL9continued at any time prlor to the earlier of:(a)5 duys(or such othu peri
<br /> --���:.�,.. spxify fa reinstatanent)befoce sak ef the Froperty Pursuant to any power of sak contained in this Saiuiry Instrument;or(b)
<br />_;�-;,. . s I.enda all swns which then
<br /> __ .. entry of a judgment enfacing this Socurity Instrumeat.Those cor►didons ece lhat Borcowa: <a)paY
<br />� would be due undu this Security Is�stmma►t end the Noce�s if no acceluation ha!occunod;(b)cures e�Y�fault of sny otha _
<br />_.:,,�,�=r: . cova�anls oc agroementa� (�) 1�Ys � expenses u►cwnd in enforcing this Socurity Instrument,including, but not limitod co,
<br />_ . reuson�bie attameys' foes: end (d) takes such action as i.ender may ccasonably require w assun that the llai of this Socurity
<br />"..+±;;'"'�"'", Insuumeat,Gx+dei's rights in the PropacY and Borrower's obligation tn pay che sums socured by this Sociu'ity Instrurnent shall
<br /> ��:_:-
<br /> ;�r� continue unchangod.Upon ninstatemu►t by Bocrower. this Security Instrument and the oUligations secured hereby shs�ll remaui
<br /> fully effxtive us if no t�ccekretion hnd occurred.However,this right to ceinstate shall not apply in th�case of scceleration unda
<br />--{::' p�ragraph 17.
<br /> 19. Sak of Note; Ch�nge ot Lown Servicer, 'fhc Notc or a partial interest in th�N°te (�°S�thu w��► �►�Sa"unry
<br /> � Instrumu►►)meY be sn�d one or more times without prior notice to Borrower.A sale may cesult u►a change in the endry(Imown a�
<br />- �°�gervicer°) thac collect�monthly payments due under the Note and this Socuriry Instrument�'R�ae elso msY be nne or _
<br /> moro changw of the I.oen Servicu unrelacod co a sele of the Note.If there is a change of the L.oan Servicer.Barowex will be given.
<br /> �• wriucn nodce oF the change in t►ccordance wid►ParaB�aPh 14 above and appilcable law.11�e notica will state the name and acldress
<br /> - � of thc ncw Loan Serviccr end the odd��°Which paymcnts should be madc.'Thc noticc will also contain anY other information
<br /> roquired by applicablc law. _
<br /> ?A. H��rdoue Substaocea. Borrower shall not cause or permit d�e presence, use. disposal, storage. or re{easo o any
<br /> ta
<br /> finrr,nrdous Sut+stanccs on or in ihe Property Borrowcr shall not do,nor allow anyone clse ��oc pt�8,��o����e _
<br /> �hat i�in valation of any Errvironmcntal Law.'1'hc Prcccd'►n6 t�'°scntcnccs shall not�pP Y�m����normal msidcntial uscs and
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<br /> �-... �OPC�tY uf smull quenlitiCS of HA,�Btdous Jubsrances inai urC�cuup.,��.�,..b�...,.�••.••__-r�--.-.
<br /> to mnintcnancc of thc Pro{xrry•
<br /> Borrowcr shall promptly give Lcndcr writtcn nopcc of any invcstigation,claim, dcmand,lawsuit or other action by any
<br /> _ govcmmcn�al or rcgulalory sgcncy or privntc pArty inva�ving thc Propcny and any Hazarduus Snbstancc or Environmentel Law of
<br /> whlch 43orrower has ac:lual knowleciga If Borrawer le;uns,or is notified by uny govemmental or regulatory authority,that any
<br /> remnval or olher remeaiiation of uny Hazardous Substance affecting �he Propeny is neccssary, Borrowe�'shall promptly tAke all
<br /> ncc;cssury rcmcdiul ac:dons in xcurd:uicc with 6nvironmental L.aw.
<br /> I mniau� � �
<br /> - �•eH(NE) to��n oz CHL(01/97)
<br /> a■p.�oi e Form 30 ! 9109
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