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<br /> snb�aan�lty e9uiv�leat mo�e inwtxnoe oover�a fe not availsblo.8ormwer ehal!p�y ta L�endar�month p awo aNwi!to .
<br /> one-twejM►of the yeuiy m�xt�a�e insuranco pcemi�rn bein�paid by Aonuwer whm the inwraa�x cover�e 1+iPnod a ce�ad t°
<br /> M
<br /> be in nff�rc.Lender will accept.use and rctaln these psyineats as a[oss crserve In Ile� oi nwxt�4e inwr�noe. Leas �
<br /> payment��zuy no la�er be e�yuir�d.ut�ze opttc�n n�t Lti�cr. if ntort�age insurance cAVer�ga(in tNe�mottvs ond for tl►e perlod
<br /> that l.c:nda� requlres)provideci 6y nn insacer upprovod by Lencicr�ain bee��m.r avaiiahle und is oOtuG�ed. !)orcower thall��
<br /> tha premiums required ta�nalnt�in mortgage inSUtuRCC in eif"e�.t,or co Qrovidc a I�as ra�rvc.until lhs rcguiremcnt far nx�ri�
<br /> insnrance ends in accordoncc with uny written agt�ment betwan Borrower and I.ender ar ap�plica►ble luw. • �
<br /> 9.Inspectton. Lendr.r or it�ngent may make reas�nable entr3es upon and�nspocltQ�q at tf�o Pmperty.L.endtr shaE1 B�vo
<br /> Borrower cwtice at the time of or p�lor tu an inspoction specifyin�re�son�ble causd for ttte irt,spoc�iun. M
<br /> !0. Cande�nnnitah. The proceeds of nny award or claim for d�mages. dir+ect ar oanxquential.ln ca►�nectlon rvith�ny
<br /> cat�demnation ar wi�r trking of uny p:�t uf ti►: Pcop;.rty.or Yar ronveynrnx ia�Ite�of conclemctxtion.ure Qiereby assigned and
<br /> shall be�wid ca I,.e�ier.
<br /> [n the cvent af a tomt taking of the P�upertv.tl�e proce�ds shall be applied tc►tho sum.9 savr�ed by thts S�ecurfry Instntment,
<br /> whesher or not then due. wtth uny excesspaid ca Bornswer. In the event of e patti�l telcing of the PmpertY 1n which ttu f�tir
<br /> macket value of the Property immediately 6eforc the taking is equal to or greater thu�the amoum of the sums socurcd bY►his
<br /> Securiry[nstnunant jmmediately before the tateing,unless Borrowcr end 4ender athetwise agrte in wrldng.the sums sec�ccd bY
<br /> thiA Security Inatniment shnq be reduced by ti�e:�nuunt of the pracads multipltal by the following frxtian: �a)�oeta'y
<br /> umount of the rurns aocuj�d Imn►csdleualY befor�the talc�ag.diuided by(b)thle fni�market value of the Propi whlch the fajr
<br /> beforo the tokiag. Any b�lnnce shnll be pnid to Borrowcr, In thc event of n partiW taking of the Property
<br /> m�uket vnlue af the Property iininediutely before the takimg is less tiwn the umount of the sums sc�uccd immediat�ly before the
<br /> tuicln�{,unless Bo:rowcr artd Lender othenvise ugree in�v�iang or untess nppiicable law otliccwise provtdes,tl�e procceds shatl
<br /> � !x;upplied to the suma secumd by this Secudty Insmime��t whether or not the sums are then dae.
<br /> �?��:��:;<�, If the Pmperty is at►sutdoned by Borrower. or if.ufter rtottce by Lender to Borrower thut�tec wYVdemnor offer�to make un
<br /> ''t�� awnrd or sente a clntm for damages. Borrower fniis to respond to Leadar w►thin 30 days after c!�daze the nouce 1s S�vea.
<br /> [,ender is autharized m collett and apply the proceed-s,at its optton.either to restorudon or r�epair of the Fraperty or tu the sums
<br /> secw+ed by tbis Security Ingtcurt►ent,whether or not then due.
<br /> Unless Lender und Barrower otherwIsc ugree In wridng. siny application of praceeds to principal shnll not eatrad or
<br /> ,. . , ��, f.. pastpane the due dute of the monthly payments refeired to in puagcaphs 1 and 2 or change the amount of such payments.
<br /> 11.Borrower Not Itcleaved;Forbearance By Lender lNat u We[ver.ExtensIon of tbc drne for payment or madification
<br /> F ~ � of nmocti7atlun of thc susns�secured by this Security Instrument gran t e d by L.en der t o c�n y suooessor in interest of Bormxer shall
<br /> �-''z`-- -'':'-- not opernte w release the liabil(ry of Qfe orisinal Borrower or Bor�ower's succxssors in interest. Ixnder shall aot be t+equired to
<br /> ��r��• �,���p�¢�dings against any successor in interest or refu9e co eacend ti�for payuiejit or a�therwtse modify amortizitlon
<br /> �"'i'„=";•';;�,�:�_.' o f t h e s u m s s e c�r e d b y t h i�: S e c uri t y Instn�ment b y neason of uny demand made by the original Borrower or Aorrower's
<br /> "';-P"�:'���'•'�'�'�'•��'� successors in interest. Any forbearance by L.ender in exercisiag any right or remedy shnll rtot be a waiver o f ar prec lu de t he
<br /> -�:.;c:� � '��... ::;;y: exerctse of any right or remedy.
<br /> �"'�= �' '�-�` lZ. Suocessors end Assigns Bound;Joint and Severai Ltabllity; Co-signers. The mvenants und ugreements of t4�is
<br /> ^'' � � Security Instrument shall bind and benefit the suacessors and assibms of Leader and Borrower.subjert to the provisions of
<br /> � pare�raph 17. Borcower's covenants and a�neemems shaU be joint and seveml. Any Borrower who co-signs this SecurltY
<br /> • ' � � ` " Instrument but does n�t�xecute the Note:(a) �s ao-signing ti�is Secvrity butru�i�eni osiy io ssaottgage.gsast!seid s�nYeY�Iw�
<br /> Borrower's interest in the Pcoperty under the tenns of this Secudry Instrument;(b)is not pecsvnally ubligated to pay the sums
<br /> ;��. secured by this Security Instrument;und(c)agrces thec Lender and any other Borrower mc►y ag�e co extend,modify.forbear or
<br /> make any accammodations with regurd to tho te�ms of this Securicy Instnunant or the Note without that Borrower's consent.
<br /> - 13.Loun Chatges.If the loan secumd by thle Securiry Instrument ta subject to a law whnch sets muximum loan charges.
<br /> and that Iaw is finally intetpr+eted so that the interest or other loan charges collected or to be collected in connection with the
<br /> �' toan exceed the permltted limit�,then:(a)any suclt loan charge shull be reduced by thg amount ner�ssac�to reduce the charge
<br /> �•`1�� .. to the permitte�Itmit:and lbl uny sums nlready collected from Borrower which excceded permuucd Itnuts will be refundod to
<br /> � • •� :,(,'' Borruwer. L.ender may choose to make this refund by reducing the principal owed under t�e Note or by makjng a direct
<br /> .' . ;�,:-,�:.;: payment to Horrower. If u refund reduces princtpal. the reductton will 6e tcrated as u pactiai prepayment without any
<br /> '�;�;``:� prepayment charge under the iVoce.
<br /> . 14.Nottoes.Any notice to Bomower prodided far in this Security Instrument shall be given by delivering it or by mailing
<br /> • it by first class mail unless appltcable law requims use of another method.The notice shail be directed to the Property Addness
<br /> � � or any other sddress Borrower designatrs by notice to Lender. Any notice to I.ertder shdl be given by first class mntl to
<br /> � �,;,'i.;, Lender's addeess statect herein or eny other address Lender desi�,matas by notic�:to Bornower. Any notice pmvided far in th(s
<br /> .•}.�?e.� Secudty Ingtrument shall be deemed to hava been given to Borrower or L.ender when siven as provided in this para�raph.
<br /> � "'``� I5.Governing Lawi SeverabWty. This Security Instniment shall be $overned by fa:deral law and the law of th�
<br /> ' ,,;, �� jurisdictlon In which the Property Is located. In the event that any provision or clnuse of tNis Securiry Instrument or the Note
<br /> ';�:;'�i4' � ��� � confl{cts with applicable luw.such conflict shall not affect other provisions of thts Securiry Instrument or the Note which can be
<br /> '`''%�i �;�'� �iven effect wlthout the contlleting pmvision. To this end the provisions of this Sec�rity Instrument end the Note sue declAred
<br /> ;v:�r?, � ,7:.��
<br /> to be severable.
<br /> -'��'': � �� 16.Borrower's Copy. Bom►wer shall be given one rnnformed copy of the Note and of this Sesuriry Instnunent.
<br /> � • ., 17.Tcan.ster 4f the Property ur a Beneflciullnterest in Borrower.If ali or any part of the Property or any interest in tt �
<br /> is sold or transferred(or if a beneficial interest in gorrowcr is sold or transferted and Borrower is not a naturnl person)without .,�„
<br /> Lender's prior written co»sent. L.ender muy. at its option, require immediate payment in full of all sums secumd by this
<br /> P � • Security Instrument.However,this optton shail not he exercised by Lender if exercise is protiibited by federal inw as of the date
<br /> " , of this Secnrity Instrument.
<br /> � If Lender exercises this option. L.tnder shall give Borrower notice of accelerntion.The nmtice shnll pmvide a period of not
<br /> � � , less than 30 dc►ys from the date the notice is delivered or mailed within which Borrower mo�st pay alt sums secure� by this
<br /> ,•.t Security Instrument. If Bormwer fnil�to pay thesc sums prior to the expiration of this period, Lender may invoke uny remedtes
<br /> j;r . " pemtitted by this Security Instrument without further nottce or demand on Borrower.
<br /> '��' • 18. Borrower's Ri�ht to Reinsfate. If Barrower meets certain condicionx. Hnrrower shail have the right to have
<br /> ' enforcement of this Securiry Instcument discantinued rat any time prior to the earlier of: (aA S days (or such ather period as
<br /> } applIcabie law may specify for reinstatement)before sale uf the Propert�� pursuant tu any power of sale contained in this
<br /> � Security Ins�trument;or(b)entry of a judgment enforctng this Security Instrument.'fhose cond"ntions nre thnt Bnrrowec: la)puys
<br /> � I.ender all sums which then would be due under this Security Instrument and the Note as if no acceleration had nccurred: (b>
<br /> � cures any default of any other covenants or:igreements:(c)pays all expenses incueYCd in enforcing this Secu�ity Instcument.
<br /> „ including, but not limited to,reaSOnuble uttorneys' fees;and Id)tukes such action as l..ender rnay �+easonably rcquire tu assure
<br /> • that the lien of this Securiry Instrument,Lender's n hts in the Propeny und Borrower's obligation to pay the sums securai by
<br /> .w:., ca,.,.rsrv tnctn�mc.nt chall cnntlnue unch�tt¢�. LID011 reinstutement by Borruwer. lhis Security Instrument and thC
<br /> . ....,. ..�_--� -------•---- -.. _
<br /> .. � ubligations secured hereby shall remain fully effective as�if no srceleration had cxcurnd. Ho�vever,this ngnt to reinscace snaii
<br /> � ' not apply in the u�se of acceleration under paragraph 17.
<br /> 19. Salr oY Note: Cht�tge ot Loan Serrtcer. Thr Notc or a parti�l intcrost in the Note (togethcr with thes Sctiurity �
<br /> Tnstrument)may be aold utte ur ittore times�vithout prior noti��e to Bormwer. A saic nwy rcwlt in u changc in the entity tknown �
<br /> ' ;�s the"Lvan Servirer'>that�Y�Ilects mnnthly paymcnts duc undcr the Notc:uid this Security Irntrurnent. 'Therc ulso may be one I
<br /> •• ur mom rhunges of the I.nan Servicec unreiated to u Sale of the Nute. If there ia a change nf the Loan Servicer. &�rrower will be �
<br /> � given written notice uf the ct�:m�e in accnrdance with pan+graph 1�3 above ared appli�able law.The n��tice�vill swte the name and
<br /> . address of the ncw l.oan S�rvirer;uid the adJress to whirh p:�ymcnts should br msde. 1'he noti�r will also�timtain any other �
<br /> � informution roquined by uppli��ablc lu�v.
<br /> , 20. Hn�nrdous 5ubsturt�es. Borro�ver shall not cau�e ur permit the preticnce, uac.Jitipowl. titOf3�C. ��r rele:�oF any
<br /> Harunious Substances on ur in the ProQerty. Borrowcr �hall n��t du, nor allo�v anyone el�e t��du. anythin� affecting the
<br /> ���� , Pcoperty that is in violatiun of:►ny Em•inmmcntal Iai�v.7'hc pr�cceding twm.entcnres +hail nut upply to thr preaence,usc, ur
<br /> , �,' stor�ge un the Property of,mall qu:u►tities�t Hazardous 5ubsuuu�es that am gcncratly re�r�greiutii tu be:+ppropriate tu nurmal
<br /> residential uses:uni cu maintenance uf the Property. �
<br /> • v,•jo�o�s Form 3028 9i9� �
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