-:� � �:� ._,�, � -�_-`
<br />- - -._ ,t... _.�..�-=� ,.�... .��- .. .. �iy��-- - „
<br /> wbaandally cqulvalent mortg�gc iasurwcc covcr�yyo is noc availwb�c.Bo�rowcr�11p�y lo Let�der cMCh month �wm equal W
<br /> .aro-twelfth of tho yauly nang�gc.insurnxx pnemium beins p�,W by Bon+awer whon the inwrmoo cover�ac I�psed or cesed W .
<br /> . ---- bc in effest.Lender will eccept�use and c�etatn thesa paymenG+a� �io�e r+eeorvo in Ile� �d mMtaeje inwnnce. Loee rcaerve
<br /> • p�yment�moy'ro IonAer Aerequirod.at thc aption of Lender,lf m�n�a�o ineurrnce wver��o 1in 1he�unount wnd far dw pedod
<br /> tlnt t,en�ter �+equites)provlded by�n inwrer�ppmved by Lcnder a�dn becama Nv�lU�bla�d Ir obWnal. 8orrnwer rhAll pay
<br /> the pnrmiums ceguirod to mainuin morlgage ituurance in efYect.or to ptovlde a law ra�arve� unlil Ihe roqulromet�t tor rrwrt�a�o
<br /> � incuraaoe cnds in accordance with my writte�agn�ement between Borrawer end Laider or�pplkabb IRw.
<br /> 9.I�pedlao Lcnder or ita agcnt mry tnalce reawnable anirier upon uwi Inapoclii�n� c►f Ihe P�etty. l�tdor�i�ll�ivo
<br /> -- Borrower notice at thc time of or pdar to an inspection�px.ifying rcA.oanablc cawRC fi�r Iho in�patlun.
<br /> 10. Condaatu�tba.The procoode of�ny award or cl�im Por dun�ga�. diroct ur amsoyu�rxal, in rnnaioction with�ny
<br /> condemnation or othcr taking of any port of the Property, or for ronvayar�ee in lfou of c�Nwlomn�Mlun�uo ha+eby awiQned�nd
<br /> - -°--�---� shAH be paid to Lender.
<br /> = In the event of a totel taking of the Property.the proceedc�iwll be�ppNal to the rum�rocural Ihir Socu�ity Inatrunxnt,
<br /> whether or not then due,wlth any excessp�d to Borrower.In thc event ut w pu��tiwl twkin� �►f ilb rly in whlch the falr
<br /> markct value of the Prope�ty immodiately 6ofore tho teking ie oqual to or grwtar thAn tha am�wnl of Iho rumr�ocurod by lhii
<br /> Socurity butrument immediatoly bcfore the teking. unless Barrower wd Lendcr athcrwluc w roo h�wHUn�.lhe�urtu�securod by
<br /> _�—.=�.--- — this Secudty Instrument ahall be raluced by the amount of tho pr+ocatils mulllplial hy 1� fi�Uowing f'r�cUun: tn) the totAl
<br /> amount of the sums seaured immediately beforc the taking,dividod by(b)Ihe fafr mork¢t v�lue�►f�he Pn►pcny imn►ali�tely
<br /> —_ ___ - before 1he takiog. Any twlance shall be paid M Bnrr�w�r. In t1K avent of a prnipl laicing �/�he prapcny in which the fair
<br /> � merket valuc af the Property immediately beforc thc taking ia lexs than�he unwunt of Ihe xurna�aural immaliMlcly l+eforo the
<br /> taking.unlcss Borrowor and I.ender otherwise agrec in w�iting or unless appllcable luw cNhcrwl�o pn�vfckr, Ihe prcxxad��Iwll
<br /> be Appfled tp thc suma secured by this Security Instrument whcther or not the suma are�hen duo,
<br /> .._ ____ If the Property is abandoned by Borrowcr,ar if. after notice by l.ender to Barmwer tlwt the catKlcmnnr��ffen�lo rmkc an
<br /> _ - award ar setde a olaim for damages, Borrawer fails to re�pond to Lender within 30 dayx aQcr thc dwte Ihe txN�ce iK �iven,
<br /> -= l.ender is autharized to collect end epply the proceods.at its option,either to r+estoration ar rcpwir af Ihe Pmpehy ��r�o Iho witu
<br /> �� ,„ : �;��V{; sa;ured by this Securiry Instrument,whethar or not�hen due.
<br /> �� � ���t:" Unles.s L.ende�and 8orrawer atherwise a ree in wrltfn . an a licatian of roceedw lo rfncipnI ahall n��t extend ax
<br /> ° j D�;», �' � 8 Y P P P P
<br /> `�� ne the due date af the monthl a ments referred to in ara ra hs 1 �nd 2 ar chun e�he amount u Kuch
<br />. _ .., �w P�P� �P Y P 8 � 8 ` PnYmcn�w.
<br /> ,� �. � :,.;.
<br /> - x�-., �.1��' 11.Borrawer Nat Released; orbearance By Lender Not A Alver.Extensian aP�he time fi�r puymem��r nr�li licWiun
<br /> ��n�.:,��.�'`.:. •-. ,• of emortizalion of the sums secured by this Securiry Instn�ment grnnted by Lender t��uny succes��in intcrest af&��ruwcr bhe�ll
<br />°" '�" `�''- °'''`�'" not operate to release the UubiUty of the orlginal Banawer or Bc�rrower's successon;in intcre�t.L.endcr Rlwll r��t hc rcyuirwl to
<br /> � ����=•�r�°��;°�!';; commence raceedin s a alnst an succeasor in interesl ar refuse ta extend�ime for
<br /> p g g y paymcm �►r odxrwisc nNdiPy unx�rtirndim
<br /> �,-;_h.,,,�'•,� .; ;�•-?i,w of the sums secured by this Security Instrument by redson of any demand mude by thc orlginaf Bnrruwet ��r ��rruwer'e
<br />- , � successurs in interest. Any forbenrance by Lender in exerci�ing any �ight or remedy shull acx i�e u waiver of��r prerlwlu Iho
<br /> b�: :,
<br /> - ' ��„.�� • •} exercise of eny dght or remedy.
<br /> :: �f�,��;� 12. Succ�cors and Asslgn.g Brwnd;Joint wnd Several l.lpbiflty; Co-slgnerx. The cmciwnta und ugreemen�h of Ihix
<br /> •�•:� '�"���� ;',,�,; Securlty Instrument shnll bind and benefit the successars and acsigns nf l.ender un;! &ircower. aubject u� Ihe pr�►vi�i�►n�cif
<br /> • "��" ' °`•`7x;'�h� paragraph 17. Harrower's cavenants and agreements shnll be jnint und severul. Any Bnrn�wer who co-�ign� �hl.r Securlty
<br /> _ �r,,�,� .�..,,�,..,c, _,'__ Instrument but daes noE execute�he Note: (a) is co-signing ihis Security loxtrument only��� m�mguAe, uront u��l c�mvey �hw
<br /> •�� �`'� �^�� BoROwer's interest in the Property under the termx of thiK Securiry lnstrument;Ih► ix n�t perw►nally nbligutcJ ta�uy Ihr xum�
<br /> . • ''t 'T secured by this Security instrument:and(c)ugrees that l.endcr and any nthcr Borr�iwcr mr�y agn�to exlciul,nHKlify,li�rhrcr��r
<br /> „ "' :�: make nny accommodations with regard ta the terms af thix Security Instromem or Ihe No1e without thut&ircuwcr'x cunk�tl.
<br /> -. ,'�"; 13. l.oan CharRes.If the loan secured by this Sewrity Instrument i,,ubject to u luw whirh�et�muximum Ins�n churgcti,
<br /> o ,- , . �:;i"j: aid that Ipw is finally interpreted so thut the interest or uther loan chargeti collected or to 1x:�Y►Ilcrt�Kl in connecli�m wilh IIu
<br /> loan exceed the permitted limits, then: (u)uny such loan churge sh•rll be reducuJ by Ihc um�►unl nccestiury lo raluce the char�e
<br /> L , , � to the permUted limir,And(b)any sums nlready coilectal fmm Borrowcr which cxccaled permival limitti will t+e relundeJ�a
<br /> • � ' Borrower. I.ender may choose to make this refunJ by reducing the prinripul nw��l uruicr Ihe Nntc or by nwking u Jlrccl
<br /> � payment to Borrower. If u refund reJucex prfncipal, thc r�eciuctirni will hc: ircuted u+ u purliul pnpuyment wi�h��w uny
<br /> jf= ' piepayment churge under�hc Note.
<br /> �•,. � , , , ' 14.Notices.Any noticc to Borrowcr provided liir in thi+Sccurity In��rument.holl tx givcn by d�livering U�ir by muilh�K
<br /> i a; , ., it by first duss mail wiless applicublc luw rcyuires utie of an��thcr mcUnxl. Thc n�►tire�hull ix Jfrec�cJ t�►Uk Pn��hy Addr���
<br /> or any othcr addrrss Borrower designotes hy notice u�Leixlcr. Any notice �o lw��xlrr +hull I+c given by lir�t duti+ muil tu .
<br /> �,. L.ender's stddress staled herein or any cxhcr addre+s Lendcr Jc+igna�cs hy iwticr�u &�rruwc�. Any nu�irr pr�wid�d ti�r iu U���
<br /> ,. Security lnstrument shall be deemul to have t►ecn givcn tu Burrowcr ur I.cnder when givcn as priwid�til in thi.i purugrupU.
<br /> 1S.Governing I.aw; Sevettitbiflty. This Sccurity Inurumcnt �hull hr guvcrned hy li�lcrul luw anJ �hc luw uf Ihr -
<br /> ., �-�-•� . .?,';A�. Jurisdictior.i:. ::�:::::::C �.�ZCr^.�•• i5 i:;�di�u. iii L'��eti•�nt that an�•rru�i�ion ar clau�c ot'thi�Sccu�ity In�irunktM��r Ih� NUI� -
<br /> .. � - conflicts with applicuble law,suc�conflict xhull nu1 uflitih nUxr pnwi.iun,uf�hi.S��urily In.trument or Ihe Nute whinc �un Fx
<br /> given effect wilhout the conflicting provisinn. Tii this enJ the pr�►vitiionx of�hi�Scrurity Imtrumrnt u��l the N��te ur¢J�Ylur�-d
<br /> ' to be scverublc.
<br /> •;;.•3� .. 16.Borrower's Copy. Borrowcr shall hc�iv�n onc cunli�nn��l rupy�►f Ihc Now anJ��f th{s Scruri�y In�trumrnt.
<br /> • • ' 17.Tran.gfer uf the Property or a Bcneficlal lnterc.+t in 13orr��wer. If ull��r:my pun��f ihc Pra�xny ur uny in�erc�l In il
<br /> ,• . .� ,; ix sold or trnnsferrccf(or if u benefciul interctit in�►rrower is x�IJ�ir tr�in,l'rrr��l anJ eorn►wer i�ik�� u nuturul�xr.unl wilh��u� -
<br /> ° �"'''�° ` ` • Lender's p�ior written consem, l.r.ndcr muy, at itti aptN►n, rcyuir� imm��Jiutr puymrnt in I'ull uf ull �um. �erur�tl hy �hi�
<br />' k i;�"�". �• '�•� Security Inslrument.However,thix nptii►n shull not t►e rxercixJ hy l.cixlcr if excrci.c i+pruhibfl�Yl by 1'��Ierul law u�uf thc Jute
<br />;;, of this Security Inatrument.
<br />�' . If Lender exercixes this option.Lrnder�hull give &�rruwer natirr uf arcrlcrati�m. The u���ir�,liall pru�•ide u�xri�Ki ��1 n.n
<br />�•'�' .�• less thun 30 days from thc Jatc thc nalicc is drli�•�r��l��r nwilrJ w•i�hin whirh Barruwrr mu�� pay all .um,.crurrd h� il��. `
<br />%�� Securit lnstrumeM. If Bc�rrower tuil�ta � thrsr.um. riur���thr ex irutinn ol'thi, rrial, lxnJcr mu mvuk�un•ren►.�li��
<br /> Y P�Y p� P p Y � >
<br />� ?` ' permittcd by this 5ecurity Ins�rumcnt wi�hout funhcr n�nicc ur Jcmand un Nurn►w•cr.
<br /> "" 18. &►rrower's Rl�ht M Rcinstntc. II' Burc�iW�cr rn�rt, rrrlain ranJiliun.. H�►rcu��rr .ludl h���•r �he n�:hl lu hu�.�
<br />�' � cnfixccnx:nt �if'thi. Scrurity Imtrununt dixan[inued ut any timc priur t�, �hr curli�r ul': �ul S Ju�. �ur wrl��+thrr�a•r��wl u� "
<br /> y , ' , � applicablc law may �peril'y 1i►r rcintitutenxnt) ixfbrr wlc n( thc Prupcny pur.uunt �u uny �x►��•rr �il .ulr cun�uincJ iu ih�, _
<br />'� � � � Security Ins�rument:or(b)entry�if o jud�men�enforcing�hi.Srcuriry Instrumrnt.Tho.r r�►ndi�inn�are thut Bnrrow•�r:lul pay� •
<br /> ' � Lender all sums whirh then would be due under this Securiq� Instrum�nt mid thc Nutr •r,if nu arcelrratiun hud�KrurreJ:iM
<br /> �.; :,,� ���� cures any defuuh of uny other mvenant� or ugreemcnts;(r)puy.all rx�xnsc� inrurrcJ in rnf��r�in�! thi. tiecurily In�lrunkut.
<br />.. `,. i` including. but nat limited to, rca,onublc uaornrw' fcrs:mid Id)tukrti,urh uction u+Lrndrr muy rcu�unubly rcyuirc In a,�ui.
<br /> ' � that thc lien of this Security In�trumcnt. L.e�xlcr's right,in thc Pru��ly unJ l3urrawer'�uhli�u�iun w p•ry�he tium. ��tivnd hy
<br />� ' ' this 5ecuriry Inxtrument shull rantinuc unchan�!ed. Upiin rrin�lutcmenl by B�►rruwcr, t�ii, ti�turiiy In.tninkn� anJ U��
<br /> . �.•:__,_____. ._'_ _ obligulions secured herehy shpll ren�in fully rflcrtivr a,if ix►urcrlerutiun Iwd �K�urreJ. Huwever. �hiti ri�eht tn r�i��.�n����Imll
<br />�__.`.''1; - --- ---- - rwt npply in the c�se of ucceleration un�r paragruph 17. �
<br /> � • 19. Sale of Nute: Chs�nRe of I.aan Servlccr. Thc Nutr or a partial intcrr.t in thc Nu�� ��u�rthcr w•id� ihl, tirrunty
<br />�� ,' � Instrumenq may be xold��ne or mare tinK,withuut pric�r n�ui�ti tu Borruwrr.A.alc nwy re,ult in u chungr in�he �n1 iN 1 Anw�u
<br /> ° • , us�he "Loan Serviccr")that collcrh mimthly p•ryments Juc widcr thc Nutr w�l thi.Scruriiy In��runknt. Thrre al�u nm� h.ui�r
<br /> . �"t� • or more changes uf�he Loan Servicer unrrla���l to u+ale ol'tlx Note. If thrrc i.u rhun�c uf thc Luun 5rr�irrr. Fi�.rmNrr ��ill la� '
<br />, , given written niNice of the change in acrordanre wi�h rarrgraph 14 uh�we unJ uppliruh�l'ILW. TI1C I1�tUl'l`N'III �tsu�Ih�na�ttr;�nd
<br /> ��� uddress of thc new Loan Serviccr ancl thc addrexx to whkh puyment� sh�wlJ t+c muJc. Thr n�Nirr��ill ul�u rnntsifn imv �nhcr
<br /> ` • informntion requirc�cl by applicahlc law. '
<br /> ' ' 20. Hazardous Sul�.stanees. Borrower hhull n�n caus�nr �xrmit thr prr�cnre, u�r. di.�x��al. .t��rugc, ur nl�u�e ��I nn}
<br />� ' , ' • Harardous Subslunce� an or in the Propcny. Burrowrr shall nut do. n�ir uUuw unyunr ehe w Ju, uny�hin� at'terun�: d�r
<br /> ' Pmpeny that is in vialation iif uny Envirann�entul Law.Thc prcrcJing t��•u.rmcnre�.Iwll nul u��ly lu Ihr prr,cnre, u,r.��r
<br /> �• + . storc�ge on the Property af small yuanti�ies of Hur.�rJous Subxtanrr. that �re grikrully rrru�ninYl�u Fx upprupri;�r w iwriuul
<br /> _ . . ' .. : residential uses und tu maintenanrc of the Propert�•.
<br /> , Pyu 3 u�� 1 Ro�m 30Z8 8iP0
<br /> u �
<br />
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