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<br /> wb�taatiail9 equivaleK m�petWia i�unu�0000vq�i�not �vdl�ble�Honrower,e6a11p�y a L�ender each man�fe.wm aqwitq�
<br /> oae�twe.IRh of�hd'yarcl �xl�a�►ilwirwiea p�e� in uirt belo8 6�idby Bq�rowm'wl�a�ths inwrmoe caver�o l�red a oeMad 1Ka
<br /> • be in ePfed.I.ender vril��cc�pt. We�rf i+eta��N1oM ae �loa raorve in iiau of rtnrt�ye inur�e. L�o�n robzve"�
<br /> p�yn�eiuR�hay no lanXet ba .+�eNe opiejr�� l,adar,!f matp�e imunaoe a►vaa�e(in the��uae snd for�6e p�iod
<br /> �t I.ader nquiral�'�n�inaurx npproved by i�d��in�beoo��e��v�+��QlNaluad,Born�w�'�1 p�
<br /> . dw�n,pniy,ms requirod w mwinWn mortAa�e inwrmoo in efTat.or a provWa m los+raa+NO.udil ide roquinar,�nc ior
<br /> � iowr�ic�e d�ds in�aoo�e with�ny wriltcn�b�wa�Borrowct���a�PPI�b�w. ��yll�{iv
<br /> !.Iw�pecdai.[.eader ar iu�ent rtuy Ra�ke reawn�bb entria upan u�d in�pectiaw of the P�qxrty
<br /> � Bo�rawu aoticc u tla dme of or priqr w�n impectlon q�aclfyln�reawnablc caure for the in�pecKion.
<br /> 10. Co�demNloa. The i�+oc'eeds of any aw�rd or cWm for d��a�. dircct or ootuequeri�W. in oonrwctloo with
<br /> . _-----�� condomnadan or otder taNqg of uty parl ef the P�a�eny. or for oonveyanoe in Iku of a�ndamadon. iuo hereby awl�nad ad _
<br /> �hall bo p�id co l.eader.
<br /> In tho ovent ot�toW uking of U�e Peopecty.�he p�oceeds shall be applied w tho wme savrodby Uiis Security InMruma�t�
<br /> wtiett�er or not then due,with�u►y exccss�afd co Bor�owcr.In the event of a parti�l taking of the Prnperty in which the fair
<br /> marhet value of tho Property invnedi�tety 6efore the tatcing i:oquai w or grcater than the amount of the w�ma soc�red by thls
<br /> Sxuriry Ingwmenc immediateJy beforo the roking.unless Horrawer�ud l.cndcr otherwise�gra in w�itin�.the sums securod by
<br /> -- - - tdf� ��rityr Iratneaxnt slzz!! 6e r�duced by tb�� of the prooeeds nwlUplkd bY the followin� fractlon: (a) the total
<br /> amount of tt�suau aecured immettiately beforc the caking,divided by(b)the fa�r market value of t}�e Property immed��oelY
<br /> before the ralcing, Any b�faace stw�ll be paid to Borrower. In the event of a partial talcing oP the Piropeity in whlch the fair
<br /> m�►rk�t value of the Property immodiwely beParc Iho taking is less thaa the amount oP the aums sa�red Irtunodiately befon tfio
<br /> pkiqg.unkss Fosrower tud Lcnder othenvise agrcc in writing or unless applicabla law otherwise providea. the p[ovoods chal!
<br /> pe appliPd to tUe swnc sxurod by this Socu�ity I�uuument whether or not the sums are tlxn due.
<br /> iF the Pioperty is at�ndoned by Borrower�or if. after noticx�y l.ender to Barrower that th�rnr�ciemiwr ot�ers to make an
<br /> �ws�nd or satlo a claim for�es,Bortower fafls to re.spond ta l.ender wi�hin 30 dnys after the due the natiee is given,
<br /> Lender is rwthorinad to oolloct apply the praaats.�t its option.eit6er to reswration or neprir oP tho P�+nperty or w the�ro
<br />' tocural by this Seeu�ity 1�strument.whethor or ttat�isen duo. -
<br /> � Uttltss l,enc�er and Bortuwer dhenvise agtec in writing. any application of proceeds to princlpal shall rat oatend or
<br /> '? ' ,�� paatpane Ihe due date of the momhl payments refemed to i nparagrxphs 1 and 2 or clwnge the amount oi such payments.
<br /> `;i� I l.Borrower Not Rele�sed;�orbaran��e By[.ender Not n Wwfver.Extension of the time for payment or modification
<br /> •• of emorti�tion af the sums saurod by tMis Security Instrurnent granted by Lender to any sucassor in interest of Borrower shail
<br />:-y`-. not operate to r�teuse the liability of the original Borrower ar Borrower's successors in interest. Lencitr shall not be requirod to
<br /> '� oommena prooeodings against any suocrssor in interest or rcfuse to extend time for payment or othcrwise modify omortization
<br /> � of the sums secured by this Se�r�riry Instrument by rcason of any demand made by the original Borrower or Barrower's
<br /> suocessars in intemst. Any forba�rAnoe by I.ender in exercising any dght or romedy slw�l not be a w�iver of or preclude the
<br />'��'- euercisc of any right or amody.
<br /> ``. !2.Stioo�s9ar�smd Assigos Be�nd: Jotat Aad SeverAl l.iabllityi C�g�. '�'he covenams and agreements of this
<br /> Secudty Instn�meot shall bind and benefit the suoocssors ancl assignc of Lender wd Bormwer. wbjxt to the provisions of
<br />_-.� paragraph 17. Barmwer's rnve�nts and agreementr ahall be joint and severel. Any Borrower who co-signs this Security
<br /> inat�umcat iwi dwa��.it zr:�ute tl��e Note: ta3 3s co-signi�g th�s Secudty Insssusnent anlY ta murtgsge.grent end mm�y�ha�
<br /> Borrower's ioterest in the Property under the ternu of this Secudty Instrument:(b)is not personally ob�igated top y the sums
<br /> � � secured by thia Securitq Instniment;and(c)agroes that I.ender t�nd any other Bomower may agree to extend.mcdifyA.forbcar or
<br /> �'��i�', ,�}� m�kC any eccommodations wlth rogard ta the tertns of this Secur�ty Instcument or the Note wilhoat that Borrawer'a cansent.
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<br /> ' ,•_:J�,�; 13.I.oaa Ch�gee.If 1he loan ucured by thiF Security Instn�ment ia subj oct to a law which seta mauimum laan charges,
<br /> ' ,� }"�r��;�:.;, aid that law ia finolly inte�preted so that the interest or other loan cherges rnlkcted or to be callected io wnnectfan with the
<br /> � •��;�•�A�'� �� `"� loan exceed the rmjtted limits,thea: (a)an such loan char e shall be reduced b the amount necessa to reduce tho charge
<br />- , �, r����,�:` pe Y E Y �'
<br /> _ ,� p, h,��. to the permitted limit: and (b) any sums already collectod from Borrower which exceeded permitted limus will be refunded to
<br />: ��';�{,;?�;�:��•!_ Borrower. i.ender may choose to make this refund by reducing the principal owal under the Note or by making a dircct
<br /> . 4 r� ;t�'31:s�?;�k''�: payment la Borrower. If n refund roduces p�ncipal, the reduction will be treatecf es a parti�l prepayment wlthout any
<br /> • `� � ' prepayment charge under che Nate. _
<br />-•� ;�,��,���C,,;..••.�-�.. 14.NotloPS. Any notice to Borrower provided for in this Security Imtrument shull be given by delivering it or by malling `
<br /> °"`' j!�� , 7,«, it by first clae�s meil unless appliatble law requires use of anolher method. The notice shall be directed to the Property Address _
<br /> - `�•�,�;.�;,���� �� or Any ather address Borrower designAtes by notice �o Lender. Any notice tu I.ender shall be given by first class mail to _
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<br /> '�.,,, ,.t„< <��:�:;,;. .. I.ender's address stated herein ar any other address[.ctixler desig�utes by notia to Bormwer. Any notice providod for in this _
<br /> � '''.��'�'� �4�� �� Security Inst�ume�t shaii be deemral w huv�been givcn ta Horcowcr or l.ender�vhen given a�provlded in this paragraph.
<br />::•�it �. ?y� • r L.
<br />"'���' �'�' �� � l3.Governi� Lww; Severabllity. This Security Instrument shall be govemeJ by federal lew and the law of the -
<br />-�,���'�: .'� � '""'��._ jurisdictian in whiah the Property is loc�at:�. 9n the event thut any provision ur cluuse ot'this Security Instrument or 1he Note _
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<br /> ' ,.i.`.�. • � conflicts with applicable law,sady��onilict shall na affect dher provisions of this Security Instrument or the Note which can be
<br /> ' '� "i�"""� i,;,,•�,. . iven effect without the oonflieting prnvision.To this enci the provisionx nf this Security lnstrument and the Note are declared
<br /> �'}..�"'7� to be severAble.
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<br />- � �� .. 16.Borrower's Copy.Borrower shull be given one confonned copy of the Note unJ of this Security Instrument.
<br /> `��,� 17.Transfer ot thc Pro rt or e Beneticlal lnterest In Borrower.If ull or uny part uf the Propeny ur any inter�st in it
<br /> .i(t;t r,,` ��"'.�'� . - I� J'
<br /> •, �s, �, ;�}�-.�,s ,. Is sold or transferred(or if n beneficial intcrest in Borrow�r is uild or�runsferreJ atxi&►rrower is not n nawrnl perxm)without
<br /> • - � ••r.,`.�si,;• ,�� I.e�tder's prior wrinen consent,l,ender muy, +�t its Mxiun, requit+e immediute payment in full of ull sums secured by this _
<br /> _ ' '`<�����_. �.�• �' Securiry Instniment.However. Ihis option shAll not be ezercised by l.ender if ezercise�s pmhibited by federal law�s oP the date _
<br /> t� �" r�::. :
<br /> :+•+ ;�,��%r,�:;�..;,�-•: � of tQ�is Security Instrument. _
<br /> ����� Yf Lender exercises this optiun,l.ender shall giv�&�arower noticc nf urccleration. Thc notire shall pravide a period of not
<br /> . :n;� �':�.Y�.� .
<br /> , , �,.!',t...:. less than 30 duys from the dute the notice is d�l)vered or muiled within which Borcuwer must pa� af0 sums secured by this _
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<br /> • �^ •• .: 5ecudty Inswment. If Borrower fails ta pa3 thrse sums priar to thc expirution of this perial,Lender moy invoke any remedies -
<br /> ,�• a ,,;1., _
<br /> ; �j���. permitted by this Securiry Instrum�nt without further no�ice nr demund on Borniwer. _
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<br /> �t;�•�S��,r;'., � 1$. Borrower's Rf�ht io Reinslate. If Borrower meets rcrluin conJftion., Borrower shaEl bave the right w huvc -
<br /> ,�.��s�.��t�.• enftiurement of this Securlty �r�strument discontinued ut an? tinx prior to the eurlier of: �a)S da��s lor such other pericxi ns _
<br /> �J ,,4.S,i,,c- . . eppllcable law may xperiiy for rainatutemenU t+efi,re sale nt' the Property pursuant to uny �+c�Her of �Ic r�mtained in this _
<br /> ,,:�, � . Security Intitrumem;r�r(h?entry of a judgment enforring this Security Instrument.Those condition�Are that Bora�wcr.(u)pay� _
<br />:,?.��:` �:;�-R L.ender all sums whicP+Ihen would be due under Ihis Serurity Instrument und the Nntc aa if no uccelerution had urcurred: {b) _
<br /> , � ' cures uny default oi'any othe�cavennnts or agreements� �cl pays ull expenses inrurced in enforcing �his Securi�y lnstn�mem�. �
<br /> _`.. �, ' '" in�:luding,but not limlted to, rcascmuble auorne�vs' fee�: �ind 1d1 tukcs surh uction as l.ender may reasonably reya+re to u+sure �
<br />-.-�;;� ,.�,�,`r ,., ,�'�`' that the lien of this Security Instrument. Lender s ri�elx�in the Propeny�nd &►rrow•er', ohligatior+to pay the sums a�currd by� -
<br /> this Security lnstrument shnll continue unchonged. U�n reinsw�ement by Borro��•rr, thi, Security Instrument and thc
<br /> L_J� ��J ■�� •1.:� ..��• ..�w��c�rll
<br /> _ _ -��,��y ooiigations savreo nereuy snaii remain iuiiy riiniivr a, �i in,a«c�c�:.�.ri���.�.,c.i;��w. ...,»�:�:. ..,�, :��y.�..��::��•••-��• __
<br /> �,�$ , not upply in the c�se of accelera�lon under para�raph 17. -
<br /> �' ,� ����+ ��'� 19.Sale of Note; Cb�ge �f l.oan Servker. Thc Note or a panial intere�t in thc Nutc Itogethcr with this Ser.uri�y
<br /> T� � �n���'�" Instrument)mey be sold ane ar more times without prior r�ntice to&�rrower. A�le may result in a change in the cntity Iknown
<br /> 4r�..:`� ..
<br /> , as the"Loan Servicer")that caUects manthly payments due unJcr the Ni►te anJ this Securiry Instn�ment.7'herr ulu�mny be��ne -
<br /> �3 t;,-•%�, • . . or more change�of the l.oun Servi��r unreluted to u sale of the Note.Ii there is u chan e�if the L.�wn Servicer, Born�wer will be
<br /> """�=q='-�`y "�" '' given wtitten notice of�he chunge in accordance with parugtiph 14 ubovc unJ upplicab�e luw.The noticc will s�utc thc�wmc unJ ;,
<br /> -���:.�.1.,� ,; oddress of the new Loun Servicer und the nddrer�ta which puyments sh�wld tie mwle.'1'he noti�r will alsu contuin uny nther
<br /> —����'� '""'i' infom�ation r�uired by applicuble Inw.
<br /> c�`'`.i�n ' 20.HAwrduus 5ub�tances. Borrower shull not cuux�ir perniit tln prewn��e. u.e. disp�nal, storage. or relea.ic of any
<br /> �����—'�x Hazar+dous Substar�ces un or in the Property. Borrower shull not dii, nnr �Iluw unyorwe �I.c t� dn. :,nyth�ng aff'ecting the •
<br /> . � . � -` Property lhat is in violution uf any Environmenlal Luw. Thc prereding tw•o scntences shall r��r;�p{y ta thc prcsenrc, u�c, or =
<br /> _,:� ' `;;�:;M1��,�,�, "• stornge on the Property of smull quantities of Huwrclous Substunrea thut ure generully recognizai tn be appropriute to normul _
<br /> -- ::`5',•��.
<br /> ,,,,+ �,.•- residenti�l uscs w�d to muinterwnce of the Property.
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<br /> ': :•r v.n.3 oi� Form 3028 9/90
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