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<br /> _ T�,� su�sta�si `�3 �'��:'i"r'at:4��"�i���ve��g 6a nri!'��a:3�bt�.-S�a�reF c,S�t p.�sa�ndes e�h r�ntb��sum�unt to .
<br /> _ � � . �h �ort�g�3nsum�ce�p�mStun bcins p�id by.�ortbwer a�i the tnsvtanoe caverage t�pssd ar oeasai t
<br /> �� .: .�ifec�.�e��a�p�'•u�an:[retaia thes�FaYments as �[oss.reserve in .lieu of�ng�,,,ve insuranoe. Y.�ss res+�� .
<br /> -psymCn�asay n�toag�r�e�c9i�ic���4pitas�of i.�4ear.i�mortgage'uwura�e duvesage�tY�►the�unt�t for,.tfle:�� _
<br /> �`�� � tt��a�dcr���rEs)pravide�byc an insu�r appiqv�6y C�t�a egai�t�mes avaita�ig and is�biained.Bnrcawes stta4F a - . �-_—�_._.�f—- ----
<br /> �_��-�.�1-,.;.:�.� -� t��prerni�nis rec�siresi w�moitgsge inst�rence ia effeet.or to provide n tt�ss tese�ve,uatil t�C ireqt�s'rea�e�t for uro�tgag - ----
<br /> -�,�,��<��� tnsnrance ends#n aocordaa�ce witt�any vrriltters agreement beta�+e�Bor�ower and L�nde�o�ap�rf�eu6;�iaw.. � , .
<br /> �,�;�;�;�. 9.Ynspe�tiou.Lender or its agent mayv crr�ce�ea�anabie en�ri�s aPon a�d,LisF�ions of the Frogerty.,4en�tes s�ail;�Iv
<br /> �;�':;�,;�,��s;~;:f. Bosrracver aadce at ths time�f or prear to at�ic..�CtEon specifying reaso�b�c cuuse for tlz��aspecEio�t. �. •.
<br /> - . `��` _r���,.:�'�° fQ.C�nd�atia�e.The ptoceeais of�n}r award a,r cta�im for damages,6nrece ar cansequ�tial.in wnt�ion with =_-____---
<br /> �
<br /> '-�;_"��:';r..7:��:� � cupdernnatioA or oiher tafdng of any part of the Fca�s:riy.or for comeyance in liea of oonde�aarion.�hemby assigued �T-=
<br /> � + . •.� ` �P,�r�c�-��.,,.a.,� -
<br /> � ` sltalt 6e�aid to�adet.
<br /> ��� $z : 4 } ;° 'ta ttce eva�of a tsxa!ta�ng of tPr�Frag�ty.the pracseds s€�all be apg1teA to the su:ns s�aued bg this�,�sar'tty ItisMtment. _.�__
<br /> wI�her ar ant taea du�.with�ax►y exoess paid Eo Borrower. In the eveni of a partIat talatng of the Fropercy in which tb,e fair �=°�-
<br /> .?�' . r..�.:... °=.',,. -: —--
<br /> f:�::�_:'`� :�_ inzrket value of the Property immediately before the tagi�g is eqnal.w or�neater tbaa t$�aivaunt of the sums skcurt�.by this �T_�Y;;,;„•___
<br /> ; ���' � ' `� � Se�aui'tY I�nent;m*++aa;�r¢ty before the rsking.unI�ss Bflrr��ver end Leader otheiaise agree in writing,the s�ms secured 6y �,;�„.F:_=
<br /> . '�z'�.�.y";..';•.;,.�,�;���_, qu1 a—
<br /> -�e�:,:.�^�r��w�x ', � ttus Security Instrument shalt be reduced by the ammmt of the proceeds mulap�ied 6�►the foliowing fracuon: (a)the total __--
<br /> •��:�'^� :":�',`��' ; aznount of the sums serured'unmedlate.iy hefore the ta�ing. divided by(B)the fair market value of the Yrogeiey immediatety =___-___
<br /> � �z�}r; 6efore t&e taking. A�6alanee s6all be paid w Barmwer. In the eve�t of a partial t�cing of the P�npg:ty in wiush ihe fair ==__
<br /> -� H�`1'�•.��:•: , markei vaioe of the Property immediatelg before the taldng is le�s thau the amounr of the sums s�cured immediately 6efore the - -
<br /> z ,- =.'r.,,;�.'S•w ' - pking.unless Borrower and L�ender otlsezwise agree in�vriting or anless applicabte t9ca otheewise provides,the groceeds sf�atl __ -
<br /> ��;� '� ' �r bs agplied to the sums sECated 6y tWs Security Iastruarent ahet�er or uot the svms a:e thea due. �t�, ---
<br /> i�, I f t A e P r o p e�t y i s a b�d o t i�c i b Y B o r r a w e r,o r�f,a R e r n o ti�b y Leader to Borrower that the coademnor offers to make an Y _
<br /> _.�� _�" : .. " awaid ar settle a ciaim for � r to � �� _
<br /> �s. dam�es, Bormwer fails to resgond to I.ender wiWirt 3U da after the date the notice is ea, � _
<br /> _�,- ' '; :`,.° L�ader is authosized to colted and apply the pmc�eeds.at its option,either w restoratioa or r�air o€the Praperty o the �:s -
<br /> - z; ;� � se�ur�l by this SESarity Iaswment,whether or noi then dne. Y� _
<br /> �'�:
<br /> - � ' � Uniess Ieader and Borrowet othetwise agiee•ia writing, az►Y $PPlicatioit af proa�ds t�psincipai shall nat exten¢or r �
<br /> �' `{ r.� postpone the due date.of the momhlF PaYmenu referred W ia paragraphs t and 2 or chaage the amount af such payments.
<br /> - .. , ` � il.Borrower Not Rel��d;Forbearance By I.�der Not a Waiver.Excension of the time for payment ur modiiir�ion . .''��:�
<br /> . _ . •
<br /> ` -. ------.._o£amnrtirationof tt�.�secured by this�Secuiiry insaamei►t granted 6 L�ender to sua�ssor ia interest of�srrower sha11 '�
<br /> --.y ------� �' '��
<br /> ; � , _ ¢ot opetate tu ret�se the Tiabitity of the anginaT�ornower oi Bofrnwer s succassoas ro uZte�Z��3earshall�not 6e required to-----�--��--- -
<br /> _ -=, • �"Pi�&4 agaimt�ry s�cces�ar in u►terest or eefuse to extend time€or paymerit or a�e+ise modifY a�nortiz�tiop _�—; _-
<br /> . �, of the sums•sea�m►i by this Securtty Tnstiument by m�son of any demand made lry_the oiiginat Borrower or Bnirowei's �' ��.:�
<br /> .����"� , ��` u/ . succes.sois ia interest. My forbear�ace h3�i.end�r in exercising any nght or rernedy shall uat be a waiver of or.preclude the �_
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<br /> �. , � exercise of a�r righf ar r�edy:- . _ -.
<br /> — ."`:; _�;�. ':. • . _ . IZ.Suacessots and A�[€uuaiL;�oin!and Sevesal Liability;'Co�iguers:-3'he covenants and agreements of Wis, -- _�
<br /> - -_ -
<br /> �.':���:.:. •:^ ,.:.� t.. Seairity fasmunene s6a{l 63ud a�U�['u the successors and assigns of Lender and Barrower. subject to the provisions of
<br /> �" :� � .� ��r: ' p�aragc'apb 17. Borrower's oncc-x�rss and'�snents shall be ja'int a��several. Any Bormwcr w-ho co-signs tlus Secnrity .t �,
<br /> � ti'`C�� . , ,`,:�` lnsorament but does nox exeat�4��t�a�te:�a�!vs co-sigrting this Security�instrument oniy to mort�e.giant and convey th2s � � � � .
<br /> ��.�: ,, t'�,� �
<br /> ,,.,t�;�>;;;�,._.,,;...;,;, Bamuwer's ibterest in the FrQ�-�uadei�rte terms of this Secunry Instnunent;(b)is not persanaity obligated to pay the sums ' y' s`._
<br /> ,f'•��;��:�''. , •. s�red by tlus Security Inqup�z aad(c)agees thai Ler�deF and any other Borrower may agree to eatend,modify.forbear or . " `;.
<br /> �• ��. m�Tce any acaommodations v�"�ard to the teims of this Security Instn�mem or ihe Note without tt�at Borrower's consent. _
<br /> . � 13,Loan.Qiaiges.if the"[oan secured by this Sec�rity Insm�ment is subject ro a law which sets maximum loan charges, _ �•'��
<br /> :� •� ' � ' ''�� and that!aw fs Fa1na11y interpreted so tha2 the interest or ather toan charges collected or to be oo8ected in connection with thQ _
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<br /> ',;i,r�:,�`, .. loan exceed tl�,��nitted limits.then: (a3�y sach loan charge shal!be reduced by the amount n�ssar}r to reduce the charge•• ' ,
<br /> '' • - t�the petmitted limit:and(b)arsy+sums already cotlecied from Borrower which excceded pemiitted limits an716e cefunded to ; •..%,
<br /> m
<br /> � � Bono�ver. Lender may ch��to make this refund by reducing the principat owed under the Note or by making a direct ;
<br /> , •• payment W Borroaer. If a refund reduces principal. the reduction will bc ueatod as a partial pmpayment without any .. !�, .
<br /> :�.4� ; prepayment charge under the Note. � ' '
<br /> :,= ..��i� �. 14.Not�ces.Any noqce to Borrower�rovided for in this Security Instrument shall Be givea by detivering i[or by mailiag r t`•'� "•'
<br /> � • •<':A,�,l . it hy first class r:�l untess applic�ble IaK•r�y-uires use of another method.The notice shall be dimcted to the Property Addtess ��:����_
<br /> � . ��`� �' ' or any olher g�.3ress Borrouet desigiate§ {�y notice to Lender. Any notice to Lxnder shall be given by 6r�t class ma4Y ts . •;��
<br /> �� ..•[.er.rc2er s address stated herazr or any other address Lender designates by notice to Borrower. My notioe provided for in this '`�: ___
<br /> • �auiry Instru�nent shal!be d�med to have been given to Borrower or l.ender when given a�provided in this paragraph. • '.�f-_'
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<br /> ' ' 15.Govc�ng a.aw; Severability. This Security instrument shalt be govemed by federal taw and the taw of t�e . - �-�'`.:�
<br />- ��� jurisdiction in�3:ich the Progerty is located.In the event that any prrac�sion or dause of this Secnrity Instrument or.the Na�.• .. ... ... ' �':;;�':;.
<br /> :� ' � conflicts with applicabde lativ,such canflict shall not affect other pro�:���:r�.�of this Securiry Instrunr•�a•or the Note which can L� � • ��,�:�,�T,, ,
<br /> given effect without the conflicting provision.To this��at•the provisions of this Sec::rity Instruc��and the Note are declated '� %<'�-�
<br /> ' to be severable. '`• . ��.,- , ;,;�•r`'��-'�.
<br /> 16.Borrower's Copy.Boaower shall be given one conformed copy of the�'c;�:^d of this Security Instcument. �.`(f;:,;t�, -'r• .._
<br /> ' : •.,:.• , :; � _ --
<br /> � 17.Tra�sPer of the Propecty or a Benef'fcial Interest in Borro�ver.If all o, s^. art of the Propert or any interest in it -,� '
<br /> • .. __ ...._... .. :._ .
<br /> P y .�,.. ..
<br /> is sold or transfened(or if a deneficia!in��test in Borrower ic sold or transferred i.��orrower's•�'�at a natural person)witho��s �.•�' r= "•;�;.,,�,,,:, •�
<br />,:<<; '�' ,,: . .. `;,' l.endei s ptior written conser.t. Lend.r n,� at i�� option. require i�r,rR:diase �aS'��nt in iul! •:°all sums secured by tivs � , ,. :;�:��':•�;�r� _
<br /> , ,�,�< �� � �urity Instrument.Hower-��r�his option:I.z.l not be etercised by Len���if exerc�s:�s prohibit:,.�i��+federal ta�as of the ci;,�: � , ,,r � ''f��1�' �,._
<br /> '��•a`•n•�.. , � . LLrxhis Securiry Instrument . . �.i'��`.';i� . .. '� ' -"
<br /> ' ��' ' '. If Lender exercises this•r��ian.Lender shall gir��'orower notice of accelerat�.>�s. The notice shall prov�de a period of not '• '" •�• . 't_
<br /> -- - -•� � ' .iess than 30 days from the,'.'ate the notice is delivered�or mailod witbin which Borcou�er must pay all sums secured by t?.i� =__
<br /> � � ' �` Security Inswment.If Borrower fails to pay these sums prior to the expiration of this perioJ. Lender may invoke any retr.ed.��.� ::, �.
<br /> i�� � � ���� • {?emdtted by this Security Instrument without further notice or demand on Bonower. , � . - �- . _
<br /> � 18. Sorrot`er's Ri�&t.to Reinstate. If Borrower mee�s certain conditions, Bonower shall have the right to haoe . . • . --
<br /> � ; � �Inroement of this Secunry Cr�strument discontinued at any time prior to the earliec of: (a)5 days(or such other period at .
<br /> • a�iirable law may specifji for reinstatement) before sale of thc Property pursu�:� to any pawer of sale rnrlained in this •_,.e_
<br /> •' , { Security instntmenC oL(b)entry af a judgment enforcing this 5ecuriry Instrument.'i"nose mnditians are that Bornower.(a)pays: . '.,�*=�,
<br /> _. .--... ':� '�`�-';.' Lender all sums which then would be due under this Secariry Instn�meat und the Note as if no acceleratian had occurred:(b) t �i.
<br /> �,,.;_+r,, .'', � ^'
<br /> � cures any defauit of any other covenants or agreements:(c)pays ali cxpenses incurred in enforci.ng this Security Ins[rumerr, ;� �.:��:,; . ,���
<br /> }�, ,. . ' inctuding.but not limited to,reasonabte flttomeys' fees:and(d1 ta���such action av Lender may reasonably requ�re to assure � `��
<br /> that the lien of this Securiry lnstrument,Lender's rights in the Property and BorroN•er s obiigatio»to pay the sums secured by �
<br /> �� ' � ' • .. this Secvrity Instrument shaq cantinue unehanged. Upon reinstatement by Bono�ver, this Security lnstrument and the , • , , -e�
<br /> � i�.. obligations secured hereby shtill remain fully effective as if no ucce[eration had occuned.However,this right to reinstate shall .
<br /> ;_:_ . . - . not apply ir�the case of acceteration under paragraph 17. . , .. .'
<br /> L9. Sale oY Note; Change of l.oan Servicer. Thc Nute or a partial intcrest in the Note (together with this Sccurity
<br /> �. . Insttument)may be sold one or mare times without priar notice to Borro�ver.A sale may result in a change in the entiry Iknmti�n �• .��':
<br /> �� .' , , � , as t6e"Loan 5ervicer")that collects monthly paymcnts Jue under the Note and this Serurity Imirument.There atso may bc onc � , . -
<br /> . s � ' -', or mnrie changes of the Laan Servicer unretateci to a sale of the Note.if there is a change of the Laan Servicer.Borroa�er will be � . ; • .
<br /> � • given written notice of thechange in acrnrdance with paragraph 14 abuve and applicable law. The notice will state the name and ,. '
<br /> � address dt the new l.oan Servicer and the address to which payments should be made. The notica�+•ill also contain uny uther ; �� Y
<br /> �.. " � information required by applipble law.
<br /> ��' :�. ` ' P"
<br /> ' �; •, , ,;, 20.Hazardous Suhstanees. Borrower shall not.cause or.pern►it the presence, use,di�posat, storage.ur rrlease af any ; .,
<br /> • Har.ardous Substances on or in the Prcrpeny. earrower shall not do, nor allow anynne el�e to do. :inything affccting tbe � � ` �
<br /> _.�_..'..-...�' . ,... � _
<br /> ':"` � --- - `° IR'aperty tfrat is in violation uf any Envirusmiental taiv.'€'tic prcccding twv sentcru�+lr;:+!! nQt 1 tc►the rescr�re.�ice.i+r :'-- .------ - ._—-+'
<br /> . + �AA Y t'
<br /> , • ,, storage on the Property of small quannUes of Hatardaas Substances that�re generally recojnized to be appmpriate tu nornc►1 ly�� ^,� � y � �.
<br /> . ' . � . resi¢entia}uses:utd to maintenance of thc Proyerty. •�
<br /> . .� vaye a or s form 3028 9I90 =
<br /> ;., . • • �_. _. �--._.
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