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<br /> 93- iio�s.8 _ _
<br /> .. _ —_ - ` `"� wqsudialls�oquivdent mon�e incurance oover�e i�nat nv�ilabk.Bormwer stwllpey tu lrncier e�ch manth�cum aqwl to
<br /> �ne-twelflh of the yead man�a�e Inwrutice prcmium boin=p�W by Horrower when the inwr�nc�e oove�e I�psed or ce.�ed to
<br /> be in effect.l.ender wii��ooept. u��nd ret�in itkse prymenti�s a la+u c+e�en'e in liw nf rtwrt�aQe inwrmce. Lo�s raerve
<br /> � p�ymaNK nry�o lon�er be rcyuirod,�t the option of Leodrr.ii mort�e in�wran�e covery{e (in�e urx�unt ud for tlwe periad
<br /> -- — thu l.etider requires)Providod by an tt�surer�pprovai by ix�Kk:a��ir�t,�ar��avatl:�to�f:c�!lsi�. lks:smret e!�!4 p� __ _
<br /> the pnemiu�roguired to m�intaln mat�e inwrance in effect,or w provide a los�re�erve,uatii the requir+emak for mort�a�e
<br /> inw�nc�e ends le aca�►dwk-e with�riy wdtten agroement betwoen Aorrower and Le�wler or�pplk�bk I�w.
<br /> � �.Iwp�dior. Lender or its aeent may makc roa�on�ble eruries upon and incpecciana ot the Propeny.L.ader shall�ive
<br /> Borrowcr notic�e at tlu titne of or priar to an inspection ypecifyin�rca�wnabie awse for the inspation.
<br /> 10. Co�d�tbo. The proaeods of at►9 aw+YCrl or clum for dsm�ges.dira�or u►ncequentid. in conrxction with any
<br /> 000dertuuuion ur aher wkj�of eny prrt of the Property.or for catveyarxe in lieu of aHxkmnatiun. Yre hercby ac�l�ned and
<br /> s' shail be paid to Ltnder. r-
<br /> — - In the evrnt of a rotal t�lcing of the Propeny.the prnceals s1w11 be applied to the sums securcd by th�s Security Instrumrnt.
<br /> - whdher or not rhen due, with any excesspaid ta Borrower. In the event of a p�rtial taking af the PraQerty in which the fsur
<br /> —� market vwlue of the Property inut�odiately beforc the taking is oqtwl to or greater tfwn the utnount of the sumr►securod by this
<br /> — — Socurity Instrument immodiatdy 6eforc thc taking, unless Borrower and Lender otherwise agroe in wr�tinQ,the sums secured by
<br /> this Secudty Insttument shall be nduced by the amount of the proceeds multipliod by the followjng f'raction: (a)the taw!
<br /> :—�_,,,,,,��,� amount of thc wmr+ secured immediately before the taking,dividad by (b) the fa�r m�rket v�lue af tbe Propeny imr�odiately �
<br /> - •-•------- before thc tAicing. Any b•rlsu�shall be paid to Borrowcr. In thc cvent af a p�arnal tul:ing uf thc Property in which the fair
<br /> - - --- market v�lue of the Property immodiutely before the taking is le�s than the anKwnt of the wms securod i�runodi•rtcly before the
<br /> taking, unless Borrower and I,e�xler c�therwise agree in writing or unless s►pplicable law cxherwise provides.the proceeds shall
<br /> be applied ta the sums sccured 6y this Security Instrument whether or iwt the sumc ure then due.
<br /> -- If the Property is abandoned by Borrower,or if, after natice by l.ender to Barmwer that the cwidemnar affers to make an
<br /> - -- -- ��- awatd or settle a claim for damages, Borrower fuils w rc�poml w Lerxier within 30 days after the ds►►c the notice is given.
<br /> _ Lender is authorizod to collect and epply the proceeds,ut its opnon,aither to cestoration or rep�ir af the Property or to the sumc
<br />- ' securcd by this Sacurity Inst►ument.whe�her or nat then due.
<br /> -T;��':}"{��::��� Unless Ixnder and Bomawer otherwise agree in writing. any npplication of pmceods to priix:ipal al►ull nut exre+rd or --
<br /> r�'x':��. �::�%r^h•'P�"� postpone the due date of the munthly payments referred to in ragraphs I and 2 or change tht:omount of such payments.
<br /> :�r: pa
<br /> '�`���''`" +:=��'•y''��.�r, 11.Boerower Not Released;Forbearanc�BY I.�nd�r Not a WAiver.Extension of ihe time for payment or modification
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<br /> ,.7,.>., .. ..,.,..,�.::.s
<br /> �� � , , of:unarti•ration of the sums secured by this Security Instrument grantod by I.cnder to any successor in interest of Borrower shall
<br /> „�;t;��_'•=��;�!�"'�;;t_ not opecate to relepse the li�bility of the original Borrower or Bonawer's successon in interest. L.ender stwll not be n+yoired to
<br /> ` comtnence proceedings ag�inst any successor in interest or refuse to extend time for p:►ynxnt or utherwise modify arnvrtization
<br /> ��;:�:#s{�,r."c:jx" :� of the sums secured by this Security Instrument by renwn of any demand m�de by thc origin:+l Borrower or Borruwer's
<br /> ' ' successors in interest. Any forbearance by Lender in exercising any nght or remcxly siwll not be u waiver of or prxlude the
<br /> - �?,�%�+�'��'�.�,' exercisc of any right or remcdy.
<br /> � ' 12. Succrssors and Assigns Bound; JoMt smd Several Liabil(ty; Co-siRners. TNe covenants und agreements of this
<br />�� .. `,�ti,;,.:sµ.�r;;+ Security instnrment shall bind and benefit the successon and:usigns ��f Lender aixi Borcower. subject to the provisions of __
<br /> `"`T•-':'-'" " '" patagrnph 17. Borcower's covenants and agreements shall be joint and several. Any Borrower who co-sign.s this Socuriry
<br /> `�'s•: _�::�•'_• [nstrument but does not execute the Ncxc: (a) is eo-�igning thic Security Instrument only tu mong•rge,grant and convey that
<br /> Borrower's interest in the Property undcr the terms at thts security instrumenr.(b)is not penonuity ubiigalal tu}r:sy iiic auti►�
<br /> secured by this Security InstNn�ent;and(c)agrees that L.ender anci any other Bc�rrower may agree tu extend,m<xlify,forbear or
<br /> make any nccommcxiations with regurd to the terms of this Security Intitrument or the Note without that Borrower's cansent.
<br /> � 13.l.oan Chorges.If the loun secured by this Security lnstrument i.�ubj��t tu u law whirh �ets maximum lu�n charges.
<br /> and that Inw is fin:dly interpreted w that the interect or other Ic�an ch•arges collected or to be col(cYted in eonnection with the
<br /> loan exceed the permitted limits, then: (al uny tiuch Iwn rhu�ge .hall be reducai by ehe •rmaunt ne�rssary to reduce the charge
<br /> � td the permitted limit:and !b) •rny tiums ulrcady collectc�i from Borrawcr which cxcccded pertnittcci limits wilt be refundod to
<br />` ' Borrawer. Lender may chook: tu make thiti refund b}• reducing the principal owed under the N� ar by n�rlcing a direct _
<br /> payment to Borrower. If a refund r�duceti prinripul, the reduction will be tre•rtecf as a partial prepayment without any
<br /> � �;; prcpayntent charge uncier thc Note. �•._�
<br /> 14.Notices.Any notice to Ei��rr�►wer pruvidrd ti,r in thi,Security In.trmnent.h•rll tx gi�•en by dcliverinb it��r by mailing
<br /> �- �� it by first cluss nu►il unlc+s applirable lau�reyuims wr ut'anothcr methixl. Thc nutirr,hull he dir�tcd to the Proprrty AJdress �_-�--
<br /> i :< or any other uJdre» &irrower dc+i�!��ute� by noticc tu Lcndcr. An�• nutirr tu Lendcr +hatl be given by tint class m•ril to �'
<br /> • � L.ender's address,tutcd hcrcin or any othcr addres�LenJer dctiignatc�by n��tirc tu&�rr��wrr. An�•�wtice pr��vidcd for in thiti `�� �
<br /> Security intitrument shull be deemcd tu havc t►ecn�i�•cn to&irruwer c>r Lender wh�n gi�•�n a+provided in thix paragraph. j=.
<br /> •p 15.Govrrnit►R law; Severs�bility. Thi. Suurity In.trununt �hall he gu�•cntcJ by fcdcral law and thc law�f the �_,
<br /> jurisdictirni in which thc Property is lixat�Yl. In the evcnt th�t uny provi�iun ur rlau,r��I'thi+S�ruriq• Intitrumem or the Note
<br />.: ' • conflicts with applicable law,sueh conflict tihall not uffert ixhcr pruvi�ion.uf thiti Scruriry Instrument��r the Note which can be �
<br />'` ; given effect without the conflicting provision. To this rnd the pravisi�m+of this Securiry Instnrm�nt:uid the Note um declarctii '
<br /> to be ticvcrablc. �:_-
<br /> � 16.Borrower's Cupy.&ttrowcr�h•rll tx�givcn unr cunli�rm�J cupy uf thr Nute and„f thi.Securn}•Instrument. -=-
<br /> t:. . , 17.Trsuufer�f the Propert�•or p l3eneficial lnter�ht in E�rrower.If all ur an .�rt��f thc Pro rt �or an interc.t in it �"`'
<br /> Y p' F� 3 Y a,_�
<br /> is wld ur transfcrrcci(�tt if•r bcnef icial intcrc�t in Borrau�rr i,�c�ld ar tr•rmfcrccd•rnd B��rruwct i+not a natural{�nun)with�wt ���
<br /> '� � I.endcr's prior writtcn con�ent, l.cndcr may, at itti upti�m. rcyuirc immaiiatr pa�•mcnt in full af ull sum� xrur��l hy thi�
<br />; c•.. �.,�ts���' Security Intitrument. Huwever, this upticm�hull n�it tx rxercix�l hy L.enJcr if cxrrc�u iti pn�hibitcd hy federal Is►w u+of the d•rte �_
<br />` � �'"'"� of this Sccurity In�trur►xnt. �
<br /> ::Q.-
<br />�: � ,t•; . If L.enJcr rxcrci�c+thi.optiun. Lendirr�hall�!i��e&�rroH•cr nuticr uf arrcicratiun. TIx notirc�h:�ll proei�lc a�xriixl�rt�nnt �':�
<br />- ' Ic+s than 30 Jays fnm� th�Jutc thc noticc i� dclivrr�J ur mailcd a�ithin ahich Barr����rr rnu�t pu� all sumti xcur�d by this
<br />�� � Security lnstrumcnt. If&�rruwcr 1'�il.to p:iy thc,c.um� priur to thc cxpiratiun ut'thiti�xri�xl.Lcnder muy invukc:cny remedie,
<br /> perntitted by this Securit}• Imtrumrnt withuut further notice��r dcmand un&�rr�iw�er. �
<br />_ '�' IS. Borme�er's Riy;ht tu Reinst�te. If &�rrowrr mcet, rrnuin runJitiun.. &�nu�x�r ,hall ha�•r thc ri•ht to ha��c ''�`
<br /> b i;• :.
<br /> cnforrcmcnt of thi� S��:urity In.trument Jixuntinuctii at anJ• tinie priur tu thr�arlier ul: ��1 S da}� ���r wrh othcr Fxricxi a�
<br /> • applir•rblr law nuy .pecity tix rcintitatemcnt► t+�ti�re .•rlr ot thc Pn,}xrq punuant t.�am� p��u�er uf ulc contain�tii in thiti .
<br /> -- Security In,trument:ur 1b)cntry uf a juJgment�nt��rring thi+Sccurin I�i.trmncnt.Tha,r a�nditiun.are that Burruwer. (al pvy� -i.�:
<br /> � .�,- � Lender all aum� whirh thrn w�wld he due wxlcr thi.Scrurin In.trument arxl thr Not� a>it'nu acrcleration had cxcurrai: Ib) �'r'
<br /> -: :,,: cures uny def:wlt of:u►y uthcr cucenant�or�grccmcntti: (r) pay�all cr�xnkti incurrrd in cntiminE thi� Sc�urity (mtrumcnt.
<br /> _ �'��:":,-. • C.., including,but rat limited tn. reaumable att��rn�y.'feeti: aixi Id)takr..urh arti�m a. I.crnlcr may re:iumably rcyuire to a�tiun '
<br /> _ � ���;; that the lien of this Securiry In.rtrument, l.c�xle�� rightti in tlk Pro�xny •rtxl &�rrow�er'�obligrtion w pay thc �ums x�curccl by
<br /> W--2•� this Security Inswment sh;►11 rantinuc unchrngcd. Upon nin>tatcmcnt by &►rrowcr, thiti S.�urit�• In�trument anJ thc �.Y'
<br /> abliaations xcura1 hen.�bv shall remain fully cffc�:tive as if no ar�rlea►tion h•rd�xrurcni,Howevcr.thiti nght to reinswte.lwll ��,.;-
<br /> -_- � ,�.,,��� not apply in the a�sc of xccicr�tion undcr p�rrgraph 17.
<br /> -='� 19. Sole o[IVutr: Clwry�e ot [awn ticn•irer. Ttk Nutc ur a p:►rtirl intcr�.t in thr N�xr (tuge�hcr v��ith thi. Sccurity ��
<br /> `�'j Tnstrument)may bc wld onc ur murc tittkti w•ith�wt priur ixxicc to Barcowcr. A wlc m:►y rctiult in a rhangc in thc�ntity IkrK�w n •
<br /> " ac the'Loan 5erviccr"3 th�t rollert+monthly p:rymcnt��ue u►ri�r ttk N�xc:uxi this S�tiumy In�trmncnt.Thcrc•rlw�nuy lx urk
<br /> or mone eturyRes of tlx I.oan Sen�icer unrelatai to a s+le uf the Nwc. If there iti•r c}ungc��f the Iw►un Se:n•i�-�r, &irrowrr will tk .• ...
<br /> givcn written noticr of thc ch:uigc in:wxti►nianrr with psr�gr.iph la atxn•r:u�d:�pli�blc luw•. Tllf f10lll'l`K'III�[:Ill'[Ik tl:ltlll':1I11� .
<br /> aJdra.i of the new l.au� Servi�Yr:md thc�r1Jrc.w�tu whirh payments+IxwW bc mri�. The notirr will alw ci�nuun;u�y aher :
<br /> infarnwticwn royuirai by applirablc law. �•�
<br /> 2p. Ha�arduue 5ub�iuK�es. Borrowcr slull ncx c:+utic or pertnit tFk pn�xn�Y. ux.di�pu�ri. .tur.�gc. ur rcleak uf�ny �•
<br /> Hazacd�wr. Sub�t�noes on or in the Pn�rty. &�m�wcr �tull ixH �►, �x�r ullow rnyune elx� tu Ju. :uiything •rll'�titing t{k _
<br /> Pct�{xcty that is in viol�tion of�ny�nvinMmcnwl Law. Thc pratitiiing tw•o xntcrkc.�tull IMN :I�IQI)' Gt fIk (fICKIkC, u.c. ur
<br /> stora�tc an thep�p��y of sn�ll yu:uxitic+of H�r•rr.kx►s Sub+tyk�ea ttut am grner�lly ntiY>�yninxi tu tx�ppra�prirtc tu n�rnu! ;�
<br /> raidenti�l usa�uxi w m�i�'e of thc 1'ropcny. `.'..
<br /> ►�3 d• ra�3ou ���o
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