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<br /> . r�ubAt�t�ally �yui�v�lert martgig�tnsura��coverage Ii not available,Harrtawct nhall puy to Lr.ncler each manth u aum eywl to
<br /> une-twelflh uf[he yt*TIy nmrtAagc inxuranec pre�nium being paid t,y tiorrov•eP when the inaum�ice coverage Qapsed or crascc!tn
<br /> ' ��'�"a��`y-�-�r`�' b�in effcxt. Axnder wilt asc�yt.uscrand retain Ui:se p�ytnznt�us c�luss �-escrve in 1[cu of mortga�, ir�sur:��lrr. l,�ss re�cnc __
<br /> �—— - payn�en�ti may no(ongcr be requ'sreti,ax dte apt[nn af l.cnder.�f mnrtgage lnsvmnte covcrage(ia t(►e m�un1 ni�d for ttto perlc►�
<br /> ttuu Lender rcquires)pravislM by un insurcr appmved by L.ender ogein bea�mcs avuilablc and is o6taln�d. �arroK�cr shx11 pay
<br /> -_ - the ptemiums rec;uired to maintain morigagc insurance in effe�ul.or to provide n lass reserve.until thc rcq��rcment for mortgege
<br /> insur�urce ends frs accordance wEth uny wdtten ug�ament bctvarcen Bormwcr nnd I,cnder or applic:tblc law.
<br /> 9. IuspeelAna. Lender or its agent may maic�cessonable entriss ugon a�ul insputions af tho Property. Ler�dtr shall give
<br />°��-------;-� Borrower t►z►dce at the tirne oP or prior to an ins�ection Fpecifytns rea�anable rausc fnr the inspertion.
<br /> - - 10. Coednna►Liwt. Tha praYecls af uny nward or cluim for damages. djnxt ur cansequential. in wnncctIon��ith any � .. •
<br /> � ' 4andem�sadon or othcr mk3ng of any patt of the Property.or for convayance m lieu of condemnution. aro hercby assigm�d nnd
<br /> shali ba paid to Lendet.
<br /> In the event of A Wtal takyng�f the Property,the prooceucis shall tre applied to the sums serartd by thia Secudty Instrumcnt.
<br /> whether or not then duc. with uny exccss paid to Borcowcr. In the event of A paRisil tuking of the Property in which the fair
<br />'�'" market valuc of thc Proper�y Immedfutely befor�e tho taking is equal to or greuter thun the amount of tho sums sccured by this
<br />�� Secudty Instaument immediaAely before Ihe tnking,unless Burrower sind Ixnder otherwise agtee in writiag,the sums securad bY
<br />�: thl� Secudty Insttument shall be reducal by the amount of the procads muldpliixl by tlza following fruction: (n) the tota! .�-••-
<br />-- um�unt of die sums secucod immedintely before the taking. divtded by (b)tha falr macket vnlua of the Property immediately
<br />-- before the taking. Any bal�nce shall be paid ta Borrower. In the event of a partl�l tak�ng of tha Property in which the falr �
<br />.�� market vuluc af the Property immediately befure the taking is les.4 than the amaunt of the sums sccured immed�ately before the
<br />_ taking,unless Borrower and i.ender otherwise agree in writing or unless app!lcable law otherwisc provides.che pra.ceds shall
<br />_ 6e applied to the sums secured by this Socurity insuument whether or not the sums are then due. __
<br />.�� If d�e Property is abandoned by Barrower.or if,after notice by Lender ta Borrower that the candemnor offers to make sn
<br />;, aaard or s�le a clsim for duntages. Rormwer fails to respond to Ixnder within 30 days after the dato the nottce is given. �
<br /> i.endet is authori�od w coflect and apply the praceeds.at its apuon.either to restorntion ur repair of the Pmperty ur w the swns
<br />- secumd by this Secudry Instrument,whether or not then due.
<br /> Unless Lender und Horrower otherwise agree in writin�, any application of proceeds to princip.il sh�ll not eatertd or __.
<br /> postpone the due date of the manthiy payments referred to in para�rssphs 1 and 2 or change the arnount af such payments. ��_
<br /> 11.Bonawer Not Released;Forbearance By Lender Not a Waiver. BxtensIon of the time for payment or modifccatlon __
<br /> of amurtizatton of the sums secured by this Securiry Instntntent granted by L.ender to any successor in interest of Borrower shell
<br /> not operate to r+eleas�the liabiliry of the origina!Barrower or Sorrower's successors in interest. Lender shall not be required to �_
<br /> cornmcnce procoedings against any successor in intemt or refuse to extend time for payment or otherwise madlfy anwrtizatiun �_
<br /> of We sums secured by this Security Instrument by reason of any demand made by the original Bornnwer oe Bs�rrower's -----��
<br /> successors in interess. Any forbeamnce by IxcMer in exercisin�any rl�ht ar remedy shall not be a waiver of or prerlude the �'_'-�.
<br /> �_
<br /> exercise of any right or rerttedy.
<br /> 12.5uaassors artd Assigns Bauad; Joint and Several I.tabiltty;Co-slgners. The cavenants und agreements of this
<br /> ' - �rity �nt shs!!�ind en�l+*�neft �he successors and nssiR� of Lender and Burrower, subject to the provisions of � �
<br /> .;4'a
<br /> ;�j<, parugraph 17. Borrower's rnvensints end agreemenu shnll be jaint and several. Any Borrower who co-si�ns tai� Sa:ucit� -.
<br /> Instrucuent but dces not;execute the Note:(a1 is co-signin�this Security Insuument only to mortg�e,grunt and rnnve thut �r���
<br /> u y s;;r'
<br /> Borrower's interest en the Property under the[enns of this Security Instrument;(b)is not personaSly obtigated to pay the sums :�Y;�
<br /> secured by tBls Secudt�Instcument:and(c}agroES that [.ender und uny other Borrower may agr�ee toexteRd.modify,forbear or •
<br /> make any acxommodauons with negard ro the terms af this Securiry Instrument or the Note without that Horrower's consent. •:'f�
<br /> ��':'�� 13�.X.oan Chatges.if the laan secured by this Security Instrument is subject to a!aw which sets maximum lcv�►eharges.
<br /> y?-� artd t6m�uw is fInally interpreted so thut the interest or other.doan chacges cottected or ta be collerted in conrtection with the a
<br /> ,, , loan exc.eed the permitted limits. then:(a)any such loan charge shall be reduced by the amount necessary to reduaF the charge
<br /> _�';,.+, � to the pemtitted IlRait;and (b)any sums already collected from Borrower which exceeded permitted limits will be refunded to
<br /> Borrower. Lender may choose to make this refi�nd by reducing the principal owed under the Note or by makins a direct
<br /> `� paya�ent to Borrower. If a refund reduces principal. the reduction wdl be created as a p;utiul prepayment withuut any
<br /> �'`'`� ' prepayment charge under the Note.
<br /> -_ ° 1.4.NoUces.Any natice to Borrower provided for iu Ehis Secur�ty Instrument shall be given by deGvering it or by mailing
<br /> it by Rrst class ma�{anless appiirable luw requires use of another methad.The rtotice shali be directod to the Pruperty Addmss
<br /> .• �' or any other addres9 Bomower daignates by noiice ta Lender. Any notice to Lender shall be given by first c(ciss mail to .
<br /> .�'; Lender's address stazai herein or any other address Lender designates by notice to Bormwer. Any notice provided for in this
<br />- � Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. ��
<br /> _ , � � I�.Governing Law; Severnbility. This Security Inswment shull be �ovemed by federel law and the law of the
<br /> ,;:.µ-��, jurisdicdon in which the l�roperty ls located. In the event Yhat any provision or clause of this Security Instrumem os the Note
<br /> ,F.,;:,:,,# conflicts with applicable law.sach canflict shull not affect other provisions of this S�curity Instrument or the Note�vi�ich can he
<br /> � • s��� given effect witbout the conflicting pmvision. To this end the provisions of th9s Security Instrument and the Note um declared
<br /> ' ��ec:� to be severable.
<br /> '• �;f�',s,�'�" � 16.Borrower's Capy.Borrower shall be Siven ane conformed copy ot'the Nate and of this Saurity Insuument.
<br /> -"'�= �'�• ��� � 17.Transfer of the Property or a Beneficial Interest in Borrower•If e11 or any part of the Properry or any interest in it
<br /> ?^ "^>'.�"�' •
<br /> ��-.'�•�;�-•� is sold or trnnsferred(or if a beneficial interest in Borrower is sold or transferred and Horrower is not a nutural person)without
<br /> ' ��' ' � Lender's prior wr�tten consent. Lender may. at its option, require immediute payment in full of ull sums secured by this
<br /> '•,�.. ''�'.�_�i;;�;`
<br /> .:_�..•. � Securlty Insuumsnt.However,this opdon sl�11 not be exercised by l.ettder if exercise is prohibited by federal law as of thc date
<br /> ' '��'�:, � • of this Security Ins�eumant.
<br /> n •-;"v-^.:c: . .
<br /> � i., [f L en der exercises t his option. Lender shall�ive Bortower notice of accelercttion.The notice shs�ll provide a periud n not
<br /> �,="':��"�" ' less than 30 days from the date the notice is delivered or mailed wlthin which Barrower must pay all sums secured by this
<br /> � ��•��.,t„_,
<br /> �`'�'��� Sca�rity Instrument.If Sorrower fnils ta pay these sums prior ta the expirstion of this period. L.endcr may invoke any remedies
<br /> ?� ptr't l.,_•q�
<br /> .±2. ^_,;,. : �I permitted by this S�curity Instrument withuut further notice or demund on Borrower.
<br /> `�`'" •,•`'' lg, Borro�rer's Rtght to Reinstate. If Botrower meets certain c�anditions. Borrower shall have thc right to nave
<br /> . 1,.�;.�,; !
<br /> h�1f ii�. i enforcement of this Security Instntment diseontinuai at su�y time prior to the earlier of: (u) S days (or ,uch other period as
<br /> ���-� appll�ble luw may spestfy for reirututement)before sale of the Property pursuant to any power of snle contuined in this
<br /> �„s'� "' - ' Security instrument;or(b)entry of a judgment enforcing this Secudty Instrument.Those conditions are thut Bcxrower:(a)pays
<br /> ' L.�nder all sums which then would be duc under this Serurity [nstrument and the Note ns if no acceleration had orcurred:(b)
<br />- -~- • �- cures any default of any other covenants or agreements: (c)pays all expenses incurned in enforcinb this $ecurity Instrument.
<br /> -_ � � including. but not limited to,m�sonable attorneys' fces;�nd(dl takes such urtion a�l.ender may ressonably rcquim to�.tisure
<br /> -�--.-_-..._:...�a.�,..,o.�.,�.�.��.m�ver•�oblieatloa tu nav the sums secured by �_
<br />- v '.;_-__ ;_ mm irte iien oi cnis"accuriiy insiru��tc,ii. �i.cinsci a.�g.a.o.......••••r^'� —'----� -
<br /> i '', 3,�r: , '��-:::; i this Security Instrument shall wntinue unchanged. U{zon reinstacement by Bortower, tTiis Security Instrument nnd the �
<br /> _ ,t . �, obligatIons secared hereby shall remain fully effesttve ns if no�cceleration had occurred. However, this right to reinstute shall
<br /> � � , I rtot epp{y in the case of ncceleration undcr pa�agraph 17.
<br /> � ��'��•`�:�"`-"��: ; 19. 5ale ot Note�;Chat�e of Loan SYrvtcer. The Note or a p;utial interest in Rhe Note(together with this 5ecurity
<br /> �'°.��••"°`'•• Instnunent)m�y be suld une ur nmre time�s without prior notice to Norrower. A sale mny r�esult ir�a�:h:m�c in thc entity Iknuwn
<br /> 9L� i at� ( ..
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<br /> :.r��,,,,t.,,�yc ns the 'Lnan Scrv[cer"}that��ollects monthly payments due under the Note and this Security Instcument.Therc alw may e one
<br /> '`r:�:�+:;:,�. �k or more rhanges uf the l.o�n Servicer unmlated to a ssile�f the Note.If there is a change of the Iaan Servicer.Borrower will be
<br /> __..:.._._.,. �
<br /> �:' .,Y:. :,,.;•,. �iven�vdtten nutice of the chan,�e in uccordance with para�rnph 14 sbove und appfic:ible law.The notice�vilt titate the name:u�d
<br /> `i� � uddres�of the new t,oan Sen�icer:und the address to whirh payments should be mude. The nntice will also wntain any othcr i
<br /> ����•�;?.:t f�`.
<br /> � v��` � � infomtattan n:quiral by applirablc law.
<br /> '� 't`° 20. Hytcarttous Substat►ces.9urrower shall not cnuse or permit the presenre, u�e, disposal, stors�e. or mlease i�f any
<br /> � Humrdous Subsuutces on or in the Property. Borro�ver shall not do. nor alluw ;u�yone else to do, anything affecting thc
<br /> Property that is in violation of uny �nvironmentul La�v. The pr+ec�eding two sentences shall nut :�pply to the presencc.u,e. ur
<br /> � � ' � . titomgc on the Propeny of small yus��titics of H:usirdous Substart��es that um gener,illy rcrn�;nized tv lx; uppropriate to narmal
<br /> ►�5idential uses and to maintcn:uur of the Property.
<br /> �,� a�yo a�r e �• � Form 3028 9130
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