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<br /> �.�,, • .; ' subws►ntiully equfvalent mortgagc iaRUrance cave�age ic nol Av�1lAble. Bonower shall pysTo Le�ex7i m3�i tif o wim r+quel to
<br /> �y . .�. anc�tweiflh af thc yeuly mangugc insuranc�premium being p�id by Barrawcr when the inaurance coverage lopr�ed or ceaced to
<br /> �, ,A�: �„�.., be in effoct. Lender will accept. use and retain these ymenta�s a I�rs rescrve in lieu af moAgago in�unnce. Lass reserve
<br /> payments�may no lon�er be " t� . f mangu�e insurance c�ve�age(in the�ru�u�nd for the periad
<br /> � �. n^ ,. , '., w that L.ender requiresl P�vi r again baomes uvail�ble wid ia c►btalnat. Borrower�lW)p�Y
<br /> �, �± . •rs tho pr+emiums roquircd tu mai in or to provide A loas reservc,until the roquiremem tor mort�e
<br /> � insutunce ends in accordAnce agt�t o Borrower and Lendcr or appUcable Iww.
<br /> 9. lnspadlon.Le�der ar ita asenl muy makc rcasanablc emries upan ond in.spcctions oi'ths Ptoperty I.ender�iwll �Ivo
<br /> �t. " � Bomnwer ootice at tho Hme of o�p�iar ta an inspoction epeclfyin���nable cause far the inspectlon.
<br /> 10. Caidemnatbn.The pax�eadc of any award or claim for damagex. dircct or oonseyuenlial. in conr►ectlan wlth Any
<br /> � � cnn�lemnu�iun ar uther �nlcing af�►ny pau't of tha;Prupertv,ne ior canveyance in lieu of rnndemnatMn. are hereby os�igned wnd
<br /> , . :; ahall be pwid ta l.endc�'.
<br /> p U tho event af a tuwl tuking of the Prapeny,the pra��ls shull be applied to the sums serurcd b this Secu�ity lnsttument.
<br /> k
<br /> i � whether ar nat then due,with nny excess paid ta Borrow�r. In the event of n purtinl taking of�he ropeMy in which the fair
<br /> � mwket valua of the Property immediately before the Iaking ia equal ta or greater than the amaunt of the sutng securod by thls
<br /> • i Secu��y]ns[roment immodiately befaro the tuking. unles.s Bormwer and l.e�wle�athenvise agree in w�itin�. the sums secured by �r�
<br /> � � this Socurity Instrument shall be�duad by the amounl of tht prooads multiplied by the following fi�actian: (a) the toWd
<br /> s.-,: . ._'.
<br /> �,•,� ! � a�naunt of the sums becurod immcdiataly before the wking. divlded by(b) the feir market value o1'the Praperty immediately
<br /> r� �:� � befnre tha taking. Any balancc shall be paid ta BoRC►wer. In the event of a partial taking of the PrcrpeAy in whkh �he fair
<br /> � � su secu�d immediatel before Ihe
<br /> � market valuo of�he Properiy imme�diately 6efore the tuking is less than the amount af the ms y
<br /> B.:<• ' . taking,unless Barrower and Lend�r c�thenvise agree in writing or unless applicabla law otherwise provides, the pracaedc ziwll
<br /> �r� � • - be appliad to tha sumc secu�l hy thi�Socu�ity lnstniment whetl►er or nat the sums ara than duo.
<br /> ' , If the Propeny is alwndaned by Borrower.o� if,After natice by Lender ta Borrower that�he condemnar oifers to m�lce an.
<br /> ' award or senla u claim far damages. Borrower fails to respond to l.endes within 30 days aflar the date the notice is giva�.
<br /> • � � Lender is aWhodzed to coll�ct amf apply the pruceeds,at its option,either w te.storatian or repafr of the PropeKy or w 11�sums
<br /> secur+ed by this Sarurit�Instrument,whe�her ur mn then due.
<br /> tlnless Lendor and BnROwe�othenvise ugree in writing. any application of pra.�eeds to pdncipal shall not eatond or
<br /> `_ postpons Ihc due date af the monthl�payments referred to in p��ragraphs I and 2 or changc+th¢amount of suth payments.
<br /> • . 11.&rrrower Not Releasedi�orAearance By I.ender llot a WAiver.Extension af the time for payment or maciifi�tian
<br /> n� �
<br /> �'� af emorti7atian oF the sums secured by this Secudty Instrument granted by Lender to any succcxsor in interest of Borrovrer shall q
<br /> not operatc to�lea;e ti�e liubiliry of'thc original Bortawer or Borrower's sixresso�s in incercwt. Lende�sl�tl nat be required lo �:ry:
<br /> •i ' commenre pro��iinps against any successor in interest or refuse to ezteeid time for payment or ntivt�u�3r modify amortizetion
<br /> of the sums secured by �his Serurity Insttument by reason of any demand made by th¢ original 8orrowcr o� Borrower's :
<br /> . . nuarssorx in interesl. Any forbe�arance by l.ender in exercising any right or remedy sf�llinot be a waiver of or proclude 1he ��;
<br /> • . , " exercise of any right or remeJy.
<br /> � � 12. Suocessore and Ascignc Bound;Joiat and Severnl Liability; Casigners. 'fH¢ ciwenants and agraements of this � :
<br /> Security Inslrument shail bind and beneFi� the successors and a�signs af Lt�nder And &�rrower, subject to the provisians of
<br /> parngmph 17. Borrower's covenanis And agrermentn shell be joint ond se��eral. Any Borrower who casigns this Socu�ty .
<br /> - - . Instrument iwt does nnt eaecute�fie No�e: iai i,co-,i�sui���s ti�ia Sc�urity fsstrumcni only io mc�rtgag�, grans and mnvty that `
<br /> Borrower s interest in thc Pmperty under the tem�s of this Security Instrument; Ib)is not peru�nally obliguted to pay thc sums
<br /> se�.�ured b�• this Securit�Instnimem;And Ic1 agrecw that Lender and any other Borrawer may ugrce to extend,modify,for6ear or
<br /> � nwlce any uccommodauons with regurd tn the ie►m�ot this Secu�ity In�trument or the Note without that Borrower's consent.
<br /> . 13. I.oan Charges.If the loan secund by�his 5erurity la�trument iti subJect to u law which sets maximum loan charges. '
<br /> and thut luw is fi�ully interpre�ed xo thut �ho interest��r cxher loun charges co0ected ur ro be collected in connectian with the ���r
<br /> loon excecd the permipeJ limih. �hen: (al any such I��un churge tihall lx rcducc�l by the s�mount nec�.ssary to reduce the charge
<br /> to the pern�itted limi�: anci Ihl am•sumx alRUJy rull��t��l faxn 8�►rr�iu•er which exceeded permitted limits will be refundod to
<br /> ' ' &�rrowrr. Lender muy rh�x�,e t�► muke thi.r refunJ by reducing thr principul �iN�ed unde� Ihe Note ur by making a dircct
<br /> � , . � payment �o &mower. If u rel'wH1 rcJucc. prinrip•rl, thc rcJuction will t►c treated As u paniul ptepayment withoW uny
<br /> ', prepayment charge under the Nutc. _
<br /> 14.Notices. Any n�►tice ta&�rrow•cr providrd li�r in thi*Scrurity In�uvmem,hull bc given by delivering it or by mailing
<br /> it b�• firat clas+mull unlr..applirublc luw• reyuire. u,r��t'annlher mcthal. The noticc,hall be Jirixted w the Propeny Address
<br /> ��r any other uddres. Burruwcr dc�ignutc+ by notirc to La�nJer. Any n�Kicc ai L.eixier shall be given by fint cl�a msiil to
<br /> Lender's uddre+� stwcd hereio ur any nthrr addre�+ l.enJer de�cignutc.by notirr tu &�nower. Any natic�provided for in thiti
<br /> S��urity lntiwment+hull hc dcrnud tu huvc lkrn�iv�n tu Burn����cr��r l.endrr wh�n�iven a.prn��idai in this pumgraph. �..
<br /> �S,Go��erning law•; Severubililv. This Security In.trumcn� �I�all t+e E�►��em�tii hy fedcrrl la«• and the law of the
<br /> juri+Jirtion in�vhich the Property i+ I�xat�d. In thr e�•rm �hat :m�� provi�ion i►r clau.r uf thi,S�curity Inatrument or the Note
<br /> rnntlic��w•i1h applirable law,such conllict.hall n�u uff�ri��thcr prn��i.iun.ul'thi.ticrurit}•Imtrumem or the Notc whirh ran bc
<br /> , � givcn eff«t ��•iihaui the conflic�ing pruvi,iun. To thi.cnJ ihe prnvi.ii,m�►1'thi.Sc�•urit� In�trum�r� und thc Note ure Jeclured
<br /> t��t►e>evcruMe.
<br /> ' . 16.Borroarr'�Cop�•.Burrow•cr+hall hc Eiccn an�runtimnrJ rup� ul lhr Nutr anJ��f'Ihi�Scruri�y In��nimrnl
<br /> 17.Transfrr nP ihe Propert��ur u lirmfirial lnter��t in I3or�oHer. It'aU��r um pan.�I'thc Pn��xn�•ur•rny interext in it
<br /> i.�oW ix tran.tcrr�d�ar if a t+rnetirial intrrc,t in Burr.,a.r i+.��IJ��r n•an.lirrrJ anJ Hurru��cr i.iN�1 u n;�wrul�r,unl��•ithaul
<br /> Lendrr'ti prior ��•rillen con�ent. l.cnJ�r ma�. al it� uptiun. reyuire �mm�Jiutc pa�ment �n full ul ull .um. x�ur��c1 b� Ihi+
<br /> 5ecurity b�,trumrnl.Huarccr. �hi,upn�m•hul)n��t hc�tcr��kd h� Lrixlcr if�trrci,r i�prohihi��vl hy falcrul IaN u.ot'Ihc datr
<br /> ��f thi,S��uril�•In,irumcnt. ,
<br /> . If LenJer exerri.r,thi,aptiun. Leudrr,hall gi�e l;urr�ncer n��ticr��I urrelrr:iu�m. �fhr nulire,hall pru�ide a �xrii�l oF n��l �
<br /> Ic.� than 3Q da�� I'rom thr Jalr ihc n��ni� �. drliv�reJ ur n�:�i1cJ ��ithm ��hich Nurn���rr mu�i pa) all .um, ,rrurcJ t+� thi+
<br /> � ' S�ruril�• In.lrumen�.11 F3urru��rr fail.ta p�� the.w ,wn.pri�tt�n Ihr�tp�rauun ul'thi.�xn�x1. I.c�xlrr m:i}• im•�,ke any nnudie�
<br /> �xrmiltrJ h�thi, Sccuril� In.�nimcnt �vih.�ut turlhrr n���i.c nr Jeman.l��u Fi��rr��arr. ,
<br /> ., 18. linrm��er'� Ri�ht tu Rcimlatc. II Hurru��.r rnec�• �rrt:�in .•„ndm��n.. B��rr.,uer ,haH ha�c thc nght lu ha�e
<br /> en�i►rcrment��I Ihi.Serurit� In•tnmi�nl Ji.���minu.d at .ui� tim� pri�,r tu �h� rarlirr uf. i:u S da�, iur wrh uther p�ri�xl u. .
<br /> �pplirahlc laa muy •�xrit� tur min.tai.mcnt► hcti�rr •al� ,,t thc 1'ru�xi�� pur�wu�� i„ .u►� pua�r �d' ,alc �untained in dti.
<br /> , SltiUfll) �I1�IfUpl�lll:ar�hl cntr� �tl.1 III��:I11�O1.nt��r�•uiL ihi�kiUl'�l\- �IINfU111�111. ���lu�C i�ttll�lll�tll�are that H��rn���cr:�:t)�1J\�
<br /> Lrixlcr all wm. �.hicf� thcn a��uld L•c Jur un.l.r tlu. tieruri�� In•trwn.nt :mJ thr tiatr a. il n�� arrclrruuun IiaJ �kcurrcd: ihl
<br /> curc.am Jeiaull ul am a�hcr�u�cnant, „r .i�recnunt�: ���pe�.all c�rrn.r� m�urr�.l in rnlutcm�. 1h�. ti�rurit� In,lrum�nt.
<br /> including. hut n�►t limu�d tu. raa�ao.�Nlc:marnc�•' 1.��: and�J� �a�,..,u.h a�u�m a. I.rndrr ma� rea.nnahl� r�yuir� tu a.�ure
<br /> . � that thr li�n ul th�,tir�urit�•In.lrwu�nt. Lrndrr`� n�!ht�m dic I'r��prrt� :mJ Nurr„wcr'.��hligati�m���pa� Ihc tium�.�tivr�J h�
<br /> � thi. S�ti:urity In.lrununt ,haU .untinu. unrhan�rJ. l'p„n reui.tatrm�nt h� Hurru��cr. thi. ticruri�v lu.�rum�nt anJ �hc
<br /> ,� � � uhlig•ruun. �acured hrrch�• .h:III ��Illdltl IUII\' l'lll'ill1� .��II IN�.IiiCl��all��ll I1:IU��CCUrR'u. ti����c�cf. lin+ �igni iu �cm�iair.iiaii
<br /> not apply in Ihc�a,c ul ai�cl�rcd�an unJrr p.u•�gr.q�h I�
<br /> � 19. tiulc uf �otc: ('huny;c oi' Loun kr�ircr. 1'h� Xuir ��r .i p:uu.d mtrrr.l ro ihr X��Ir u���c�hcr wnh Ihi. ti��unt��
<br /> In.trum�nt 1 ma� t►c.��W�n�r ur o�urr Imk.��uhuut pn��r m�l�i� t��R��nm�er. -��.dr ma� r.•.ull m.i:han�r m�hc rnu1� �6n„w n
<br /> ' � a.Ihr"L��un Sen i.tr"i Ih.�t a,ll�tl. mnnlhl� r.nm�nt�du� undcr thr ��ar and Ih�.tirrunl� In.hum�nl. 1'h�r�al.��ma� hr��nc
<br /> �� ur m��rr chan�:c.��I thc La.m tirr��.�r unr�lal.J t��.��.d.ot thc tiutr 11 thrrr�..i�h.m�:��d Ihr I.��:m tier�i.�r. li��iru���r��ill t.�
<br /> • gi�rn��nucn uuti.e uf Ihr:han�:�m.�iiurJ.�n.�w ith��.u.iEraph Id.d�u�r:inJ.q�pli..ihlr I,�a fhr m�U:c��dl .t.�lc thc nani.•,ind
<br /> adJrc.. u1 thc nr�. L���n tirni.�r and�hr aJdrr.. h, ��hi.•h p.i�nkni. .huulJ h. m,�dr Ihc unti:r��ill al•n�unl.�m am uth�r
<br /> E intittmannn rcyuin�l h� .y.ph.ald.la��.
<br /> i .�.n. Huturduu. tiub�lan�tiw. Burru��rr ��IJ�� O�H C.IU�I'��f (1�f�1111 I�IC ��rC�t'lli�'. 11��'. ��I��4��.II. �I���:I,L'i. ��1 1'��Cd�� �tl .111\
<br /> � II:IIJfIIi�U� tiUh�1:11A1'� ��11 uf Itl l�lt ��h�(kll\ Fi.�nn��rr ��ld�� tl�H ����. 11��� d����\� .III\��tlC l'��C 1�� 1���. .111\1�IIIIC �Illl`�Illlr 1�1�
<br /> � ( ��i�:�'�:{'fS :liJ1 1� 11111�1�"111�111�1� 711\ E:t!1!!!`l1ll!_!!!rl (,��� �'1�_•S.r�•�,�•�hn._ 1���� .rnlrn.i•. .I�.d� Ihd .����+�\ 1�� t�l�• rf�'��`IK�•- IhC. �tt
<br /> .lura�;� un 1h�Pn,p.rtt �d �m.dl yu.►ntmr�ut H:vard�ai.tiuh.lan:r. Ih.�l .u.• �:rna•�.JI� �.:��LUV�J 1�� h. .ippr��pn:ia• t��m�rm.d
<br /> . � rr,id.ntial u.c�a�iJ�a m�mknan.��•t th� Pn��xn�
<br /> � Furo�3Ultl 9 90 �
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