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�is-!% ���'av It�.�- . ��,�=—�rn7��_.-�.--'---
<br /> __ . . �.J•� • 3 .--__—_.______. ....,�����
<br /> ...i��_,..ar�......iL�i . �jy��������OOVer�0 IS IIOC�V��O.BOI'IdWOf i�1i�1p��G�.EfldRf� WIII 04Y�t0
<br /> one-twdflh of theye�!y nwit�e imurmoe premium being p�id by Borrowcr when the ie�c+icanoo covera�c lapsad or ce�ed to
<br /> , bo in etfoct:l�nder- rrili a�pt.we�rp raain thaa Q�ymentY� �low reaervo in Ueu of mon��e irwutAnce. I.as �+eserve
<br /> P�YmaNi rrMy no lon�er be .at tho apc8on of Lender.if morlga�e inauranoo covera�e(in 1ha arnount and for the perlod
<br /> that l�a roquf�)prov by m inwrer appmved by l.e�idcr a�dn bocomes�v�il�bla�nd i�obulnnd,Borrowa siwlt paY
<br /> , the um�requirod to ntdn nwrtg�e insuru�ce in effed.or to provide�losa�serve.until the requirc�neat for mort�+�a
<br /> (�wwnoa dd�in�vuadanoo wftb�ny written a�roememt 4etwan Borrower w�A l.ender ar appliable I�w.
<br /> !.Iqrpecfios.Lardu or it�ogent may make aawnable tmrla upon+�nd inopechions of thc Property. l,endar a1�11�iVe
<br /> Bonower tatice u Ihe time of or pdo��w�n laspection epocifyln�neawnable cwRO for the irupection.
<br /> 10. Condat4natlon. 77�e procaeds of my awsud or cl�im for dama�os, diroc�or cunsoquential, in conneetion with u�y
<br /> rnndhnn�tlpn or oti�r hkin�of any part of the Property,or for oonvey�noe in lieu of oo�xlemn�tion.u+e heroby aui�ned�nd
<br /> - �II be ptid to Itnder.
<br /> — -- In the event oP�toW tpkiag of the Property.tho procoed�shell be appliod to the sums�acured by thia Secudty lnstntmam.
<br /> - whether or oot then due. with any excessp�id to Borrowcr. In thc cvent of A parti�l taking of the P�openy ln which tha fnir
<br /> -. marl�et v�lue of the Property immediately 6oforo the wking is equal to or greater�hon the omaunt of the wms wcured by tbin
<br /> - Security Instrument immedi4tcly before the taking,unless Borrawer And Lender otherv►�ise ogroe in writing.the suma�ecured by
<br /> -���
<br /> � �hia Samrity �������� st�ll bc roducod by the anwunt of tha proaxds multipliod by the folinwing frAClion: (a) the totol
<br /> iunount af the sums securod immediately befor�the tekfng. divided by(b) the fair market value ot the Yroperry immad�uWly '
<br /> bcforc thc taking. Any bolat�ce ahall be p�id to Borrower. In the evenR af a partial taking of the PropeAy in which tbs Puir
<br /> ---- matkct volua of the Property immediately before the taking is less then the amount af the sums secured immediately b�fi�tha
<br /> taking,unlesa Barrawer a�d Lender otherwise agree in writing ar unless applicable law otherwise provides, the prooeeda shalt
<br /> be applied to the sums secured by this Security Instrument whether or not the sums are then due.
<br />--°- If the Pmperty is abnndorod by Bon+nwer.or if,afler noticc by Lender to Barrower that the condemnor offers W muke an
<br /> awar�d or settle a claim for damages. Borrawer fuils to respond to I.ender within 30 days after the date the natice ia given.
<br /> — -- Let�dcr is autharfud to rnllect and apply the praceeda,et its option.either to rectoraUon or rcpair of the Propeny or to tha suma
<br /> - sewred by this Security Insuument,whether or not then due.
<br /> � �Unless Lender and Borrower otherwise agree in writing. any application of proceeds to principal shall not extend�on
<br /> - ' postpane the due date of the monthl payments refernd to in pa�graphs 1 and 2 or change the amount of such paymente.
<br /> - . 11.Bornnwar Not Rdest�ed;�orbearance By Lender Not A Walver. Exlension of the time for payment or modificelion.
<br /> �.���' ;. ;, r . of am�xtization af the sums secured by this Security Instrument granted by Lender to sury successar in intet�est of Borrower shall.
<br /> �' i not operate to release the liability of the original Borrower or Bornuwer's successors in interest. Lender shal!not be reqqired W
<br />'r � rnmmence proceedings against any successor in interest or refuse to eatend time for payment ar otherwise mcidify amortfxati�n
<br /> . �,1�:� ��•' af Ihe sums secured by this Security lnstniment by reason of any demand made by the original Bormwer ar Borro+ver's
<br /> successors in Interest. Any forbeurance by Ixnder in exercising any right or remedy shall not be e weiver of or preclude thu
<br /> - • �' "" '�r: :��. exorcise of any right or remedy.
<br />- ��'`'•`�''--'°��"• 12. Successors And Asstgna Bound;Joint and Seve�l [.ipbiltty; Co-signers.The covenents and ugreementa of thfA
<br /> },�;'rxs;.;.,;�. �. �•.�
<br />_ . .��, i� • ��..:�.�,k•. Security Instrument shali bind and benefit �he successors and assigac of L.ender and Borrower, subject ta the provisione c►F.
<br />-� ' ' ,, � �':. �; paragraph 17. Barrower's covenants and agreements shall be joint and seveml. Any Borrower who casigns this Security
<br /> ' � "'���=�"�•�` �Instrument but does not cxecute the Note: la) is casigning this Security Instniment only to mortgage, grant and convey that
<br /> - ��+-��_—� Bonower's intere.vt in the Property undcr�he terms of this Security Instrument:(bl is not persomlly obligeted to lpay thc sums _
<br /> �`�,"`'";`� ""''` ''�`,_� secured by this 5ecutity instrument:and(c)agrees that I.ender and any other Borrower muy agree to extend,malify,forbear or
<br /> ' ��'��•�'-'•���, meke any accommadalians with regard ta the termc of this Security lnstrument or the Note withoul that Bormwer'a consent.
<br /> •� ~••:� "'"j 13. Loao Charges. if the Ic►an gecured by this Security Instrument ls subject to p law wbich sets maximum loan charges,
<br /> ;�*u•,?.4;�-��' t'. und that law is�nally interpreted so thnt the interest or ather loun charge.e eollected or w be cullected in connectian with Ihe
<br /> 3` " ' ,,.�i�,' �'�, . ,�,� loan exceed the permitted limlts,th�n:(a>any such loan churge shall be reduced by the amount necessery ta �educe Ihe churge _
<br /> •,�;�.�;!���• to the permitted limit:and(b)any sums already collected from Borrower which exceeded permitted limits will be refunded to
<br /> , , �"'`'�''��,• Borrower. Lender mqy choo�ee to ma ke t h ix refund by r«iucing the principal owed under the Note or by making a di�t
<br />-- ••- � payment to Horrower. If a reiurxi reduces principal. Ihe reciuction will be treAted us a panial prepayment wilhaut any
<br /> ' � .r u,`::�", prepayment churgc under the Note.
<br /> ' � �'���"`�'��= 14.Notkes.Any notice to&►rrower pruvided for in thix Scxurity Ins�runxnt shull be given by delivering it or by rnailing
<br /> �a� " " �•�•"� it by first cluss muil unless applicable luw reyuires use of unother method.The nntice shall be directeJ to the Propeny Address
<br /> �; ` ' • ' � = f or any other address Borro�ver desiRnutes by nntice co LenJer. Any noticc tu Lender shall be given by first cluss mail to
<br /> .,' .�... a_.
<br />- ' ��;,�.,' . „ Lender's uddress swted herein or any other nddress l.�:ndcr dcsignates by notice to Borrower. Any notice provided for in this _
<br /> - - --�. Seeurity Instrumcni shup be deemed t�i hnvc bcen given tu Bormwer or l.cndcr when given us prrnided in this paragraph. _
<br /> '� � ' •-".4�;F:� 1S.Governing I.aw; Severability. This Sccurity Intitrument shall t�e governed by federal law and �he law of tl��c -
<br />- ":i� '�� � �•• 1 • • jurisdiction in which the Prapetty ie locutcnl. !n the event tha� any provi.r-ion or rlauae af'this Security Ins�rument or the Note
<br /> '' `"''`:f�;"�!;' " � contlicts wilh applicable law.such conflict shull not affect otfier provisions of thf�Security Instrument or the Note which can be -
<br /> '�;���'v;?�;;:i,(1 _ given effect without the conflicting provisic�n. To thi.end the pmvigions of this Securiry lnstrument and Ihe Note are declered
<br /> •,:;,.:'%,,,+`�:" ., to ba scvcrablc.
<br /> - �. K�� !' � 16.Borro�ver's Copy.Dorrower shull be given une runfurnxd cnpy of thc N��tc aml of this Securiry Instrument,
<br /> � . `'"'�.fi=•4�'. 17.Transter of the Property or A Beneflcl�l Inter�t in Borrower.lf uU iir uny purt of thc Propeny ur any intere�t in it
<br /> .. ,,�,;;." ' • is sold or trunsferred(or if a beneticiul interetit in Bnrrower is solJ or trunxferrcd und Bnrrowcr is not a nuwrs�l persan)without
<br /> `���' Lendcr's prior written cansent, L.endcr rrwy, ui itz�sption, require immediaie puyment in Full of ull sums r�ecureci by thi,
<br /> �•� � r 1� , Security Instrument.However,this option tihall not be exercixeJ by I.ender ii'exercitie is prohibit��J by fcderal Inw as of the dAte -
<br /> '��("'.�',`'� of this Security Instrument.
<br /> � ,.;'1';;}..!...� .
<br /> i� ;��" � .. . If Lender exercises this op�iim. I.ender�hull Eive &►rrower n���ice of uccelerution.The no�ire sh•rll pmvidc u pericxl of not =
<br />-�_ , less than 30 days from the date the n�nirr i� dclivercd or maileJ within which 8urmx•cr mutit pay ull ,ums secumci by this
<br /> '� Security Instrument.If Bunower fi�ils to puy thctic+um.prior to thc expiru�ion of this pericxl. Lendcr may invoke uny remddies �--
<br /> permitted by this Security In�tn�ment withuut 1'unher notice or dcmanJ�m&�rruwer.
<br />._ ! '. 18. Bormwer's Right to Reinwate. If &ttroacr mcets certain conditions, Bonowcr ,hull huve the right to hnvc _.
<br />-` . i • enforcement of this Securiry Instrumem discontinu��d a�uny�in�e prior to the earlier of: (u1 S Jays (or wch other periad us �
<br />°�'` � j " , applirable law tnay specify for rein4tatement) Ixture ,ale uf the Property punuant lo any power of sule contuined in this
<br /> �', j. ' ,;� Security Invirumenr or(b)entry of':i judgment enk►rcing this Securily Instrument. Thoxe conditiom arc that&mc�wcr:lul puy. _
<br />:_o. � l.ender pll sums which then would he due undcr thi�Securit�• In+trument und the Nrne a� if no urrcler�ti�m huJ �xcurreJ:1h) _.
<br /> cures any defuult of uny othe�covenum� ur agrccments:�c>pays ull expcnses in�urred in cnf��rcing �his�curity Inti�rum�nt, �.
<br /> -� iacluding,but nut limited to.rea.wnuble au��rncy�' fers:and Id)t�ke�such �rtion ua Lcndcr muy reusonubly reyuirc to;�,wrc
<br /> � ._•;;�.�;; .,,�.,,,,. � that the lirn of this Security Instrunx:nt. l.ender's rightti in thc Pr�ipeny •rnJ &�rruwer'�ubliK•rtiun ta puy�h�au�ns s�ruR�i by e
<br />__ � , _ this Security Instrument shull continue unrhungcJ. Up��n reinst•rtemcnt by &�rrowcr, this Scrurity In�trument urni the ;
<br />� obligutions secured hereby shall remain fully eff��tive ati il'no ucceleratinn hud ixcurreJ. However, thi. ri�ht�o reinxtute shull -
<br /> Y nnt ennlv in Ihe rase nf:�ccelrr�ti�►n under n•rroerunh 17. �`
<br /> —�� ." �j9. Sale ot Note: Chonge oP Loan tiervicer. 'I'he Nut� or u p�nial intcrest in thc Note Itogcthcr wi�h �his S��urity -_
<br />_ �.� -`�R ' ' ';":, � Instrument)may be sald one��r m�►re�imc.with�wt pric�r nuti�r ro&�rrawcr. A s:ilc muy r�sult in u changc in�he enii�y Iknown =
<br /> ' �-•��,..,�_ :.., •., �s the'Loan Servicer")thut colk�cts�mmthly puyments duc undcr thr N�nc rnJ thiti S�.�urity Instrument. Thcre ul.�,m�y t►e one �
<br />--- • or more cnunges uf thc Loan Servire�unrclut�d lo u�Ic uf the Nutc.It'there is u chan�c ut'�he Loan 5ervi�rr, &�rrowcr will tx� i
<br />- � . �'"` `'� '' given written noticc of thr chungc in urcunluncc with parrgrrph 14 abuvr anJ applirablr I•rw.Thc natice will sta�e the nume unJ ;
<br /> � �,y,�„,,,..._., , address uf thc new l.o:�n 5crvircr und Ihe aJdre» tn ��hich paymeMs shouW be mude.The rn�tice will al�►�timt•rin any ud►�r
<br /> `' infc�rnwtion rcyuiral by upplicuble law.
<br /> , ., 20. H�zardouw 5ubstonces. &�miwcr stwll nm causc or permit thc pn�enrr. uu. Jiapowl. at�►rugc. ur rcicau ot'vny .
<br />` a_ •L • , `'� ."' Hruard�ws Substwmex on �►r in thc Pn�perty. B�►rn►wer .hull m►1 du. nnr alluw un}•onc cl,c tu Ju. anythin� alTcrting the
<br /> � � °' Propeny that is in violution of any Envimnmentul LuW.The pn�eding tw�i,i:ntenrcx�hall nut upply w thc pnkixr. u.e. ar �
<br /> � �� 1 ,'� �� • storuge un thc Propeny uf snwll yuuntitics of H;vunl��u�Sub�tunrr.�hut a�t gen�rully rocu�tnii��l tu in uppropriutc to nurn�ul _
<br /> . ..,,�;:.Y. . residentinl us�e�aixf tn nwimerw�xr of�hc Pmpcny.
<br /> ' T v.y,3 0�+ •i Form 3028 9180 0,
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<br /> �pt. - - _ -
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