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<br /> _ �'2 'U ;A' o . . � �:, ( � — '
<br /> �(�T_'-:— .'. � _... ._�'... . _ ' --,.� _..—_-
<br /> =�.�_ - - �: � -- -- - ----�=-� , --- ,_ �-s, - _����3�� �#. ��� - - _
<br /> � 4-- ., . . . -� .
<br />��- -:�,;.���'"�: ' substantlaUy�qidvalent amnga�e'iasiuranoe cove:a�e is nat avt�ilab�e.86rt�awer sBall�tay t+Q�er ea�mo�a sa.�equat tQ : -
<br /> _ _-_ -- •• e�tareIR!►of y aiva�gegc��souanoe premium bcfag patd �orMRre�when the tasuiance oov�age lapsed or c�sed to .- -
<br /> th� �yy MR
<br /> �.�- .� be in effe�t.Le�et�eeo�pk use a�retain ihese ss slo�s �enre in lieti of mo�fga$e�i+nsazaacfl. Loss.rdx�►� ---
<br /> eo�
<br />_ . � payme�ts m�yr no tanger�s�uIred:at ihe opuon o Leadet�,if martgage insurance coeerage(i�the m�mt�eM�fqnth���:�'ctd� ---
<br /> �� � tbat�Leader requires)�Pmvid by a�insurer sppmvod by,Leude:again f�000nm�s a�IaBie aud is oDlainal..�cm+��i�. P�Y
<br />_ - - ----=s3wpr�nluma.c+?�#i�dso.alaiu3ainmo�e.insursnae_ia�effes�..b�toprtivfde atoss��reserve.uatil the rec�ttt�iztttn:^�
<br /> - a . .insu:ance en�aiu ao4o%'dattai.wItd anjr�vnuen agecemeat 6exweea�mower end I.e�et o��pptft�bi�taw. �-- ' >�-- : _ _=_--,---
<br />- � 9.En�a��.�e.n d e r o r i t s a g e a t m a�r make r e a s o n a b l�e�r t e s.u p oa a n d i n s p a�ions of tIle P�a p e i h►+ Le�PS sh�11'(�ii°..
<br /> �;�` 8orrower n �.a3:diRtitt��af or pnor to an tnspec�on spesifying reasomble cause for tho insge�ion. ..
<br /> �•-'�w�*�� d i re c t o r e n t i a l. i a�o o a n e�i�n>w i t h+�i 3 ti� -
<br /> $��.:-,,,�•:.;;.L; 1 0.C on d c�na t to n.•,'�s p m c e e d s o f a a y a w A r d a r c t a�m f o r d a m a g e s. o o A S e q u =____
<br /> •- ���.�-,••k� oondiemnattan or.athee�cing-nf e�gazt of the Praperty.or for oonveyance In lieu of aondemnatilon.ara 8ereby�assa�d;ai►�i;� -
<br /> ' `�4 :���'' sAaU 6e paid w i.endctt ' . --_--
<br /> `�����`.-";. In tha eveni af a tQta1 tatdri8 itf the Property.th�prooeeds shall 6e app�ed to the susns secnm�d byt tNa Se��trit3+�tnstmme�at►:. � ��-.
<br /> �} � � � � � whether os not then due.witb eny,�exoesspaz d w Borrower.In the eve�t o�a paztia!taking�of Wet Propetity` i�•whl�h thR[att`•, �_
<br /> - "q,#"�- ` `� - m�et valaa of the Frape:t�►.��snodJ�etY Defare tt��Ciag_is eqt�a�ta or.greater thaa the amoaaA crf the aur►s s�cut�i 6g th1s. _�� r - -
<br /> � ? � �: � Se�vrity Iasuument immediatdK 6ef+ona the taking,unlesc Bozrower aad Lender othecwise agcee iu ariting{the sums seaute+d bjti�
<br /> �,�F��yT`FV`�,, � ` j -_
<br /> ,r� , �,., this Secvrity Lumiment shtall bo ceduced by the amounE.of the ptoceeds multlplied by the foliowing fructian: (qy th�tatttl� —
<br /> �:.�' ' ;` �, m�rket.vatue of We Pru � _-
<br /> �;k�•:�.�,�,_ ,�. .. amount of the sums secu�,+ad imm�dlafisY before the taking.divIded Dy(b)the fair perty.unmedi�te3yt� �;►<`_�� -
<br /> - - before the takin8.Any.baWnoe shaU�be p�id to Bomuwer. Ia the event of a partial takfng of�the PcopertyF in vsrhic#�th��tit ��'�__-_-=-
<br /> - �._,�.,�, . market vatue of the Property,immndi�tGlK before the tatdng ts tess tLan the amount of the sw�s�.vred immedIately.6�fns�tpQ . _ ----_ - -
<br /> � ' ~ '`Y�'�_ -`j= taking. untess Borrower and Lend$r,ntbeccvlae agree in wriung or ualess applicable!aw irttiexwfs�Ptovides.the pmoe�ds.sl�lt? . --- --
<br /> ��•�":`�:��.• : . > be applied to the s�ms se�by tbis.S�urit7+Inst�ument whether or not the sums are ttleu due.: ______=_-_
<br /> ���.:'f; ..: :;� .•.-
<br /> If the Pmperty is a6sudaa�EEiy�ati+nwer,or if,after notice by Lender to Borcm��that tfie'oondemnar ofl�s w mska an• -• � _
<br />�.'.�� � �ward or settle a claim�ior . 8ormwer fails to tespond to l.ender witbnt 3�days after the.date die nPuiIoe is,givent . � �, —
<br /> �`: , - L e�d e r i s a u t b u ri 7 e d w c o t i g c a�a p p�►t i�prooeeds,at its o ption,either w restar.�ion or r e p a i r•of t6e Pro�e t y_or to tba sums. -- --
<br /> � .' � . se�wed by thss Security Insmrtn�t;.��'ar not then due. • -: c -�
<br />�'. � ' � Unless Le�der and Bormwer a�:agree in writin8• �Y �Plicabion of proceads m principal�s�ll�imt extc�r.i:ac ` --z- °
<br />�', � ' g�tpone the due date of tbe mantNY p. ieferted m in p�ragraphs 1 aad 2 or change the amauat of sud�.pa�reneats.�� � � � ,` =_
<br /> �. ;; � � 11.Botrower Nut It�;.Fo�1� By t�der 1Vot a W�ver.Extcnsion of the time for payme�or mndi£[catIon -
<br /> �' .„ � 1• of amortization of the sums,�by t6is Security Instiument granted by Leader ta any successor in interest af Batrower shnll �° � �;,�--,__
<br />�;t�a�:. • ..
<br /> s., n4t erata to cetease the lis6�dy nf ihe.,, Horrower or Borrowe:'s succes�rs iu fatemst.LQnder shall not be required w• � _,�� �..
<br /> ��__.., � �P ���
<br /> ��,�.�.: ._.���s; ���----
<br /> • wsnmenoe pmce�ings agains�:a�ce�r m interest or refuse to extend time foc paymeat.ot othe�vise modify amocti�an• ,.�a,;�_r- �.--.
<br />�r �' t� _ of the sums secvred by this.�a�_�c'�ument by reason of anyt demand m�de:�y.'tRc aripnal Botrower or Boirowes'� °.s ° , :-
<br />�_: .>.,�;�: '_. suocessots in interest.Any..fo�is��.�y lxnder in exercising any right or re�a�y`shs11 noi be a waiver of os preclude the r,
<br /> exercise of any right or neme3�%,' . • `M i
<br />� 12. Saac�ors and �:Ba�d:Joint end Severa!LlaDllity. Co�tteti�s. The wvenants and agreements of•this .` zt
<br /> � Socurity Inspument shall biad au�l�zue�t the successors and assigns of I.ender aad Borrower, su6ject to the provisions of � � '��
<br /> t • �'�'�
<br /> sia h 17. Borm�ver's covensrtR m��reements shal! �e joint and several. Any Borro�ver who co-signc thts S� �: ,�r�:�:;-- -r
<br /> 3 :. •.: ' Ipnsw�m nt but daes not execute the t�Fate:ta)is co-signing this Sanuity Instmment only to mortgage,grant aad mnr�jr dsa�: :`�s ;3��,��r� c:;
<br /> ' _ Borcnwer's interest in the Prrrpeity undec t[ze terms of this Securicy Lt�vment:(b)is nat petsonally obligated ta.pa},r di��t�3s `.��'`�"� __
<br /> �.'
<br /> s�ured by this Securiry In.�fut•srtd(c)agrees thEtfender and any other Sonower may a g re e to extend.atodi��.fo�ear or �. � �
<br />-- , ' '� : u�..k s any accomm o da dons c a�3 tr�t a t h e t e m�s a�t i n s S e c u r i t y I n s t r u m e n t u r t i t�N o t e w tt h o u t t h a t B o m�w g r�e o n s e n t. . - ►'�� �'
<br /> � 13.Loan Charges.tE�re loan s�i�d by this Security Instrument is subject to a law which sets maximi�m ivan charges. �� ��_.
<br />- � � . ;,�s � and that law is finally inteipreted sa tfi�the intet+est or other loan charges collected or to be coUected in cannectian ariiit�the , ��' ��. , �,
<br /> � �: '° `�� loan exoeed the pennitted-iim�ts,then�(u)any sach toan charge shall be re�luced b the a�nount nacessary to reduoa the cftnr�;e _ 5�`����c
<br /> '>;,S';t:;�� Y ''':' ' �yt r;'r^�
<br /> _ . • ,4;4��,1. to the permitted limit;an31b)any*sums already coilected from�orrower which exceeded permitted limits will 6e refimd�d to .... �� H��,
<br /> re
<br /> 8orrower. Lender may r#�ac�o ro mako this refund by reducing the principal owed under tha Note or by making a direct ��t r � .�� v
<br /> � : }�ayment to Bomower. If a refund reduces principal. the reducteon will be treated as a partial PrepaYmen� wit1tout any ;y,`.;..` .: _-.,:�_,�'
<br /> � . ' ��f prepayment charge under the Note. � � •,. :�
<br /> ; � - �;:;,, 14.�aes Any notice to Borrower provided far in tAis Security lnstrum.nt shatl be given by delivering it ordy msiling ;' t:�`{j
<br /> •'��t��� it by fi�c ct�mtil unless applicable luw requims use of another method.The notice shall be directed to th�Ptaperty Address .:'��'►�'��;?_
<br /> � . or�y oth;*. z�:aess Borrower designatvs b��.notice to Lender. Any noace to I.endev shall be given by first class mail to . '. •'.•.;k�."•,13 :�,�,
<br /> [tax.'e�'s address stated her+ein ar any other addr�s Lender designates by notice ta Borrower. Any notice piov'tdod for in this
<br /> e � �
<br /> S�rity Instrument shatl de deemed ta hflve been given co I3orrower or l.ender when given as pmvlded in this parttigraph. � �. >
<br /> • 15.Governtng Law; Severa6Ulty. Ttiis Security Instrument shall be govemed by f�deral law azxl th;. ta�v af the •. �.,;. �
<br /> - . � ' jurisdiction in whtch tha Property �s lucat0d. In the event that any provision or clause of this Securiry Insttumenl�or�the Note '��4�:�:. �._.�."_
<br /> t � � ��"'4•; mnfl;ets with applicable law.such vonflict shall not affect other pmvis�ons af this Security Insttum�tl at th�Npta which can be ;�'�f�,:#;;±. �: '
<br /> �' � =;;���_ given effect wiihout the coafllclia�provision.To this end the provisians of this Securiry Instnum:nt�and tta�Naie ace declared _ ._.:�i�:�i:��'.,,�.�;�'
<br /> ,� -:ti,<;=i� - �,�,;;�� --
<br /> .� ?• _:,;,:: ' to be seveiable. :"•,�,i}�; -
<br /> : �.�;�, . . ,.ry,._. ...,,
<br /> � " lb.Borro���er's Capy.8arrower shall be given one conformed copy of the Nate and of this 5ecurity lrauument. : ��,-•:���<�. .�
<br />- '' '`' � � 17.Trnnsfer af ttie Froperty or a Beneflcial Interest in Borrower.If all or any part af the Property.or any interest in it :�r��`51;;,� �
<br /> - � is sold ar tmnsferrod(or if b benefic;ul interest in Barrower is sold or transferred and Borcower is not a natural person)without � �;.,;r;�,�,.;••::•,
<br /> ,;, Lendeis prior aritton wnscnti Lendcr may. at its option, require immediate p�yment in ttill of�alUsums secured by t?eis � �;vtUR':;;; "
<br /> � Securiry Instmmen�.Ha�vever.this option shall nat be exercised by Lender if exercise�s prohibitad b�•federa!law a5 af the�ate � ^t:;���": . .
<br /> :� '?;�' ' ' oi'thls Security Insmtment. ' , �
<br /> � -�', If Lender exercises thjs option,l.ender shull gi�•e Borrower notice of acceleration.The notice shall pmvide a periad of not . • ,
<br /> : •• less than 30 days from ttr�dat�the notiee is delirered ar ma�led within which Sarruwer must pay all sums secured by this
<br /> � $:� . .�. � Security Instrum.nt:li Hc�rrmvor 1'srils to pay thesc sums prior to the expiration o f t his peri w l.L.en der may invake any remedles •;,��:;;
<br /> ? ; •.,.;;�`�,'' permitted by thls Security lnstrument wict:out fvrthcr notice or demand un Borrower. `t'`�.`��,
<br /> '. �..�t..:- : l8. Buru�a���er's Righi to ReinstaEs. If Bornower meets certain conditians. B��rmwec shall have the right to have ' � '�
<br /> ,.,;;���: . �� ' eafor+cemem af this Security Irrstrument discantinued at any time prior to the carlier nf: �a)5 days (or such other period as' '.. �
<br /> '�•`�=''�'� applirable law trrar sp�cify for reinstntementl befnre satc uf the Propeny pursuunt ta any p��wer af sale cuntained in this E.. �
<br /> �t'.'-��r`�" Security lnstnuixnt:ar(bt entry of a judgmcnt enfurcing this Securiry In�trument.Th��se rnnditianr�re that Borrowcr.(a)pays �` . •- ' '
<br /> r{��, . .
<br /> i `•r':�'` � . . _ ' , . .
<br /> , �"�', .: ::,`,:,,, Lender ell��um3 which then would be duc under this Secutity lnsuument and the Nc�te as if no acceleration had occurred:(b)
<br /> - ��'�;'+iP�"' ;�';!c�;;';`� c���y d�not mit�toermawn ble attum�cys fees;andpd)takes suCh action as I.e der maylteasoinab v require tonasst��ne ' `
<br /> �`�r.��'':�i;�..' . ;t�, , lnsltt�ng: r . .
<br />_ .:._�1�.•� � . that ti�lien of this Security Instrument. l.ender's rights in the Property and Burruwer's obligation to pay the sums secured by
<br />- ,r4a`,;.,. � tlds SEr�ty Insttument sh�ll continue unchanged. lJpon reinsmtement by Borrower. this Securiry lnsaument and the `
<br /> , ':}i'.�.�„ .� � .
<br />_ �a,,�����;;. .• ..;:� .�" obJigatior�secured hereby sltull remain fupy effective us�f nn nrceleratiun had occurted. Hoa•ever, this right tu reinst�w shull
<br /> �' �.��,. ., ..,,. �':',:;� �oi app7J�i»the case of ncrelerntion under pnmgraph 11.
<br /> 1r, � �-��.,
<br /> _ : ? : _� ;�, 19: 5sie of Note; CLauge of Loan 5ervtcer. Thc Noto or a partial interest in the Note (tagethcr with this 5ecurity
<br /> � �� � " lrouurrtent)may be sold one or mar�times withuut prior nnti��e ti�Burrower.A sale may result in a rhange in the eNity Iknown
<br /> ��� . � ��. •. :� as the'Loan Servicet')thnt collects monthly paymentc due under the Note and this Security insttument.There utso m:ry be one
<br /> '��'�::: : .' or more changes of tha Loan Servicer unrclatal to a sale of the Note.li there is r change nf the Lu;�n Servicer.Borruwer will be
<br /> �, , given written notice of the chnnge in uecord�nce with paragmph 14 above and applicable la�v.The notice will state the twme and
<br /> � . ••� . ' address of the new Loan Serviccr and the a�idress tu�vhich payments stwuld bc m:uic.The nuti�r wiil als�rnnt:�n :my uther
<br /> informadon rectiuired by applicable la�v.
<br /> re
<br /> � 20. Hamrdot�5ubstancc.w. Bnrrower shull nut cuase ur permit the presence.use. disp�n;il. st�r�e.ur retras�of;uiy �
<br /> _ . � Ha�udous Substances on ur ln the Prupeny. Burro�ver shall not dd. nur allow anyone elk tu do. an}•thing atf��cting the -
<br /> a ud
<br /> � ' � •• Property that is in vintatlon of any Environmental I�w. TAe preceding two sentences sh:ill not appty w the presrnce. usr. ur �
<br /> • ;_s�_____':`_,__. storage un the Pro etry of small quantities of Har;udous Substances that ure generully recognlzecf tu be appropriute tu nomuil
<br /> - .�== tcsldenti�t uses an�co maintenanc�of the Proprrry. --_ --`-� . __
<br /> '►. • .:
<br /> + . •• Form 3028 8/90
<br /> . pepe 3 0l• ,
<br /> . !.t` • `. .. , _ ._- —
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