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<br /> sub.stAntially equivulent martgagg insurance covl�e�g�bein apaid by Bon wer when�he in urunce cove uge lupsed r eca cd tu �
<br /> one-twelfth of the yearly moRgug�ip�urartce p 6 �
<br /> -- --.-.—� �s..pfFr.�r. [�nder v�lll acc&AY uirod�nt t�he opt on opaiy.endcrs i�i�n,�bn�m:erye in Ifc..u o�f gm ing heeumowttitinund f�r thcrprriad �-:=v
<br /> � p a y m e n t s m u y n o l o n g e r b e�eq b �insurer u,�prov e d by L e n d e r u g a f n b e c a m e s a v i►i l a b l e u n d is��btuined. Borrowcr snaii puy
<br /> . that I.ender requtres)provid e d Y
<br /> ~ in ursnce ends in c�scotdanceiW I�Ch any�'�iuen a�reement betwcen Bor a er nnd�Lender oc+applicub c j�W uirement for mortgu�e -
<br /> ' ' g� j��t(6��Lendrr or its ngent may muke reasonable enuies upan und inspectians of the Peaperty. I.endee ahuil give.
<br /> 8orro�ver notice at the time of or prior to w►inspectiun specifying rensonubi�wuse far ths inspcE�tiRn• _y__
<br /> �:,,� . ;,
<br /> 10. Condemnation. The proceeds of nny u��v�anl°i' orforf conveynnce�in lieut of condemnution.um hcreby�signal�iuid � "
<br /> rnn demna t io n o r o t h e r u t k i n 6 o f a n y p a rt o f t h e P p e R Y
<br /> -_,ir.t*�:` shall be paid to i.ender. S�ia��be a �;�d to thG s�u�is secured by this Sccur�ty In�tcument. �
<br />`-z�� In the event of a total taking of the Praperty.the proceeds PP
<br /> whether or not then due. wtth enY excessp a i d to Borrowe r. I n t h e ev ent of a panjal tnking of the Property in which thc fair __
<br />_---�� market valu��nt imm�e.diate!b�ore the eteki g unlessnBorrowsr��+c�d��ndertot�erwi•se ag�in�wr�dng sthe sums secu�by
<br /> Securiry Ins multi lied by the following fraction: (a)the towl � c
<br /> t6is Securiry Instcument sl�all be reduced by the amount of the pmceeds P �m�lintet
<br /> � ' nmoant of the sums secur�d imrteedlately beforc the taking.divided by(b)the fair ma�ket ofa�e�P�O�en Which the fair
<br /> before t�.s talcing. My balanec shall be paid to Borrownr.,1��s than the amountiof the sums secured lmmediately beforehal! � �
<br /> ".�. market vaiue of the Propetty immediutely before the taki g r�eds s .. •.•
<br />�-:'�'�';�`�� tektng.unless Borrower and Gender atherwise agree in writtng or unl�s upplicabte law otherwise Pmvides.�he P M
<br /> •"`-�':�' ye app«ed��e Sums secured by this Securtty Instrument whether or not the sums ure tt►en dus. �
<br />"`�T0.��'° is abandoned b Bomower.or if,after notice by Lender ta BomoWer that the rnndemnor offers to n�ake un �
<br /> _�� If the PropertY,
<br />`;�=�ti�- award or settle a cta�m for dam�;es. Bn*roWer fai�s to respond to Leceder withln 30 days after the date the noo to;the sVUms �,i _
<br /> LQader is authorized to coliect en�epP1Y the Pro�g�IIt its opiion.either to nstoretton or regair of the PmPertY �
<br /> -'�:-:'"�� secured by this�rity Insuument,whether or not then due. u��on of proceeds to princjyal shall not extend or
<br /> �F-"�'� pnless Lender and Borrower otherwise a�ree in wridng. any app
<br />-'-'yp='-�`� postpone the due date of the monttily pay�►ents referred w in Q��ragcaphs 1 and 2 or change the amaunt af su enptaYme�fication
<br />-° � -- 11.Boe�rowe�'Not Released;Forbevrattce By Lend�'"'ot a Ws�v�'•Extension of the ame for pay
<br /> -���r�� of amortizauon of the sums s�ur�by��S��h'��ment granted bY Lender to any successor in interest of Borrower shall
<br /> ::�=�� not oparate to�re�n against�anY successo�r in in erest or refuse o extend citne for paymen�t or otherwi e�modify nnr ortizud n
<br /> -c�` °O�E��p � Insuument b reason of any demand msde by the original Borrower or Borrower's
<br />-'��=�" � of the sums secured bY thls Security Y ��11 not be a waiver of or Qreclude the
<br /> -- ----- suocessors in iaterest.Any forbearence by Lender in esercisiag any right or remedy
<br /> --- eaetcise of aay r�ght or remedy. ers. The covenants and agreements of this
<br /> ---= 12. Successors aad A�igffi Boundi Jofnt and Several LiabWty;Co-slgs
<br /> _ ��.� �,,�Pm siu+ll bind and benefit the sucxe�'•surs and assj8ns of I.eader and ���wer who�co-signa pthis iS�n�3' ,
<br /> - P��Ph 1?. Borrower's oovenr.mts and agreements shali Ue jaiiit an3:.�:�esal. Any t and wnvey ti,ai
<br /> ----- Insmunent but dces not execute the Note:(a)is oo-signing this SecuntY Inst�ument only to mortgage. S� �e swu�s
<br /> . under the terms of this Security Instnm��►t:(b)is not personally obi�gated wp�y
<br /> -- Borrower s interest in the Properi9 �t���.�d any othea Borrower may agcee to excend.modify.forbear or
<br /> _ ��by�his gecurity Inst�ument•an d(c)a� �ent or the Note without Wat Borro�+ei s consert.
<br /> �eake any avcommodations wIth regard to the tem�s of Wis SacuritY
<br /> -- Il�.�an Chaages.If t6e loan sacu�ed by this Secunry Instrument is subject to a law which sets maximum loan charSes.
<br /> -- — and thgY law is finally interpreted s9 that the interest or other loan charSes collected or to be cotlected in��o����e
<br /> - loaa excead @►e Pernnitted li��,�EA:(a)any such loan charge shall be reduced by the auiount nec.essarY
<br /> -- — sums already collected from Borrower�vhich exoeeded pernutted limits yll be reflmdd�c�t
<br /> to the pernutted lir�nit; and N)anY owed uader the Note or b making
<br /> gorro�yer, I.ender may choose to make this refund by reducing t6e prin�iPal � � a ent wi'thout any .
<br /> � payment to Horrower. If a refund ceduces principai, the reduction will be u+eated as a parti P P Y�
<br /> "�`� ent e under the Note.
<br /> °_�.� P�Y�► �
<br /> _ 14.Nottces.AnY notice to Borrower pmvided for in this Security Instnunoat shaU he given by de��e��Addr�
<br /> . it by first class mail unless appltcable law myuires use of another meihod.� to ���s� ��A by fi[st class mail to
<br /> or any other addcess Bomower designates by notice to Lender�Y notice provided for in this
<br /> - • I,ender's address stated hereia or any other address I.ender desi tes by notice to Borrower. Any
<br /> Secu�iq'Insuu°�ent shall be dsemed to huve beea gtven to��ent s6a11 be governed bY federal a�landa th�e�aw of the
<br /> .�5.Gov�Law: Sevea�blltty. This Sec�uity �vision or clause of this Se�curity Instruuient or t6e Note
<br /> _� jurlsriiction in whic the Prog�is located.In the event that any P �t the Note'are declared
<br /> -------- confiicts witl�applicabie law, oonflict sha�1 not affect other prov[sinns of this Security Instrument or ttee Note vi�&ii�h cnn be
<br /> givea effect without the oonflidiaS Pno�"sion.To this end the pmv�sions of this Security Ins�m �
<br /> to be severable. �f ttte Note and of this Security Inst�°�t.
<br /> 16.Borrower's Copy.�orrower shall be givea one conforaned oopy art of the PmpertY or any iateresc in it
<br /> -- 1�.Teansfer of tLe Pra�ss4Y or a Beaefidal�nterest!n Borrower. If all or any p on without
<br /> is sold or uausferred(or if a mene�ic�ai interest in Borrower is sold�to�r���p8y�4 ineful�of all sums e��'ured bY this
<br /> Leuder's prior wsitten conseht. I.ender may. at its opdon, req .
<br /> ���y,�Strumern,Hoarever,this option shall not be exercised byLender if exercise is p�+olribited by federal law as of the date
<br /> -- of this Seruity InsuumeM. ''�
<br /> If Lender exercises this oPtion.Lei►der shall gtve Bor�W�notice of aoceleration.The notice sh�p�a��by this .s.
<br /> --__ �ess tt►an 30 days from the 8ate t6e ttodce isthesel sums prlo�th expirad�n of this pertod,L.end i may invake�y remedies
<br /> - -- Sec,vcity Insnvment.If Borrower fails to paY
<br /> _-- - perautted by tLis Security lasmiment without further notice or demand on Borcower.
<br /> ------ _ 18. Bona���''Ss �t InsaumeIIt d,�nrinu�at e y u�'nte pnonao theaearlier�of�(a)S days(or such othertps�iod as
<br /> ursuant to arry po�ver of sate contained in this
<br /> __-__- a�pplicable!aw maY spac�fy for reinstatement) before sale of the PropertY D .
<br /> -.:.y;s;;��"�'- Secnri ty Insuument:or(b)exitrY of a judgment enforcing this SecuritY In-suument.7twse conditioas are that Borcow,.r:(a)Pa}`s
<br /> - ��� I,ender all swas w6ich chen would be dae und e r t h i s S e c v ri c y L�s a v m ent and the Note as if nu acceleration l�d occurred:(b)
<br /> --s���
<br /> nses iantst�in enforcing tLis Security I n s w m e n t,
<br /> ===•�_.� a�res any default of any otteer oovenants or a�reements:(c)PaYs a1�� reasonsibf uire to assure
<br />__=y;"_r��;�� includi .but rtot li�nited to.reasonable attorneys' fees:and(d)�s:�rfi action as Lender may the s�ums secured bY
<br /> -=- — .._"�:� _e...:.ca,.��, �aacrument.Lender's rights in the Protserty and Borrow ,er's dblt�oa��Y ��m� � �e
<br /> --
<br /> .-:;,�,a t[13t utc ucu......e.�---., n reinsiaia�ic��� v� .._ --
<br /> __- =,�_� this Security Iastnunent shall oontinue unchanged. uFo .
<br /> _ �-� obligations sQCUC+ed hereby shall remain fully effectivl��f no acoeleration had oxurred. However,
<br /> this right to c�einstate snaii
<br /> '•�'�� t , not 1 in the case of ac�celerarion under paragrnp
<br /> - =�.�$ } a 19 Sale o!Note; Change af II.oan S�°�'' The Note or a pariial in�terest in the Note (cogether with this Socurity
<br /> __ _ . :��_:r- .
<br /> ;:�;,;,�,•;.:.�� . Inshument)may be sold one or morc times wtthout prior notice to Sarrower.A sale may result in a change in the entlty( ��
<br /> ;;;:5;,.�:;:;.�. ��e"��n Sen,Icer")that collects monthly payments due under the Note and this SscurnY Instniment.There also may be oae
<br /> �.,�w.s�:. . or more changes of the L,oan Servicer unmlated to a sale of the�N14�e and appl cable ta vh'l�e otice wnll s�the ename an
<br /> _ .`-.,�;..:�. .:r'� given written nonce of the change in axordance with para�raP
<br /> �,• ��� • °` uddress of the new Loan Sen'icer and the uddress to which payments shouid be mnde.The aoace w[U also contain any other
<br /> ` "='�'`'"� infotmation required by applicable law.
<br /> ��'"�•".'-�;: Z0.Ha�ardous 5�a6stances.Borrower s Bomowerushall no dto.�noi allow anyonedets�e o�do. anythtng affeccing the
<br /> �_-±��"''=:''i'" '• Haz�rdovs 3ubstances on or in the PropertY•
<br /> -.�:=� � � propzrty that Is in viotudon of any Envimnmental Law. 'It►e preceding hvo sentences shnll not�oYbe a p��o no�m�al
<br /> � � "."�. ��F'r • stomge an the PropeRy af small qunntitie.c of Hazarduus Substnnc�s that are genernlly reoo�ni
<br /> , �, residentiul uses and to maintenNece of the Propercy �n„3028 et90
<br /> , .- Papa3o14 �
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