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<br /> °"" �~ �sr�i��taiiiiaity eyalvate�t u;An�agc i-�;ursnce eoveregc ls�t nvwilahlq Boirowet sh�J!pay!o l.cndar eu�:h �nant(i x �wra►eywd t�
<br /> �..w-°�;�-,=u{- o„�.ti��cls��!�:�'�s,t•�F:ez►e na,r�s;�'a PCt��.r;tr.cr�nrtmu�nt t+eirg Pa'd by iiorru��er wh�:n�he,ns�xrar�ce crneru�e li:�se+l or cr�xxl wS� --
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<br /> _ b.�a._:..' �1.RnSFcstia�re L.Cl:!fer or itz ac,*cnt�►3:iy ����3�c r�.St)11:1:31.�,CiiiPli:i ll�,•iil�i1i�Iit;(1CC��0115 0�`�1{l., ��fij...��y. �/_'ii � i _—'`''
<br /> _���. _Y"';_.� i�cu•�e+�:�er aotit:.:e�h�;tira;of nt gi��of•t�;;ia in�,fcelia�s.���ecii'yhi;� re,cc��ta��fe ccurr for tf��iirs�e�tinn. __.
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<br /> ,'��_:-= 1Q. Con�tt�tt�tion. 1'ftc�:racccJs of any a.vard ae ciafm fnr d:i;n:�gcs, clircct or cof��cquct�t(:�I, is� aarir:�iiun �v(ti� ;��cy --.
<br /> - ���`��'�'�� ca�dcmn�tia»or�tft:•�tn4iuB af 1ny part oE t6�e Peoperty,or for canvcyaiice in licu of condcml�atian,aAe hercby �ssj�;r�l aixl
<br /> --..-.---_------- hii:"t�ti ih:jiitit�flP�.tatii.i. . rj��u•:�
<br /> —�--=� Yn tt�e evc�u of u�total taking of�he Propxrty,the proce�ls st�all bc upplicc�to thc sums secur�.vl by th's��Security instrument, �
<br /> " v ���' whctl�er or noc the�i cfuc. witl�any exce5s paid to Borrowtr. fn the eveni of a partial eaking of the propeny in whicta the fuir
<br /> ==--�_� �-`t� market vntue of ti�e Pi�one�y immedi�tcly beforc Il�c tlking is cQ�al co or grcatcr than the an►ount of tl�c sums secur�d by this —
<br /> ��,�,�,_j= Sccurity lnstrumenx imn��diatety befarc thc ta{cing,wdcss B�arro�L cr and I.,�nAcr otherwise agrcc in wr'rti�ig.QFC sum,u:curcc!by
<br />__�i�.q�'�� this Sccueity Instrumcnt shall bc ��eJur�d by thc �nnunt oi the procecds multiplicd by the faflowing Praction: (a) the taa�l
<br /> -�z���,��,, amount uf thc surr�s securcd immedi¢tely before the taking, divided by(b)t6�c fair n�arkct valuc of the Property immediatcly
<br /> ,.___,,,,_.�_�„���,.� ' Gefarr th� t;�.-inv. �1ny balanr,� shall be patd to Borrowcr, in tt3e event of a partial ta{cing of the Pro�crty in whicl� the tair
<br /> rnarket valae of the Praperty irnn:cdiaiely bcfore the taking is less tl�an thc nmouRt of the surrrs se�ural immcdlat�ly Gefare the _
<br /> -�-'"=`-`'t''-�--_'�---� taking.unless Bvrrower:�d l.ender othenvisc agrcc in tivriting or unicss appiicnblc la�v oth�nvise provedcs, die pracu:ds shall _
<br />:`.�:i7ii��;:'F. f"~� be applicd to rhe sums securcd by chis Securiry lnstrument tivhether or nut the sums ure then due.
<br />''=-"��"= IIP the R'roperty is abandoned by�3nrrower.or if,adtcr nptioe by Lend�r to Eionower tl�at thc condemnar offers ro mske un ,
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<br /> ��' awar�i or sctttc a tlaim for damages, Borrawtr Palls to respond to L.ender�vithin 3Q days after the dnte the notice �s g�ven,
<br /> ��'� Lender is auiiYOrized to collect and apply the prooeeds,at its aption,either to restoration or mpair of the Property or ro thc sums
<br /> �f`•""`�'+��� secured b this Secucity Instrument,�vhether or not then due.
<br /> ���"����� y licat�on �f rocceds to rinci aj shall not extend or
<br /> ���• �'r �� t Unless i..ender r�nd Bvmuwer uti�e�.vise a�rce io wr..ing. any app P P P -__ _
<br /> lS`'"��' � �._ .
<br /> �'b postponc Uie due date of the mon81ly payments referred to in pansraPhs l and 2 or change the amount of such payments.
<br /> �.,��"� , �.... y a,._
<br /> , y ,� ��,&,�wr,,Zoq�EZ�,��;�'�,,,ti,�y;,".E Lw...-l�ai s Vl��tees.ERtensio��of the time for payment or moclification
<br /> ''�'���'�.�i� �• of amnrtizatiun of Uie sums securcd by this Sea:arity Instru[r[ent granted by Lender to any successor in interest of[3orrotivar shafl _ _
<br /> _'�;��Y;:�;•`'j,�,�:,, not o�erste to release the liabiliry of the original Borrower or DarroHer's successo�s in mtenst. Lender shall not be required to ---
<br /> __�,,�. corrvnence p�rocecdinos against any successor in itiztemst or refuse to extend Rirne for paymeni or othenvese modlty aniortization
<br /> ,�;:�.i.ti�:;,� ;t , of Qte sums secured by tivs Securi[y Insirument by reason of any demand made by the original B.�rruwer or Borcower's _=--
<br /> successors in intesest. Any forbearance by Lender in exercisin� any right or remedy shall not be a waiver of or precludc the
<br />_"'.:", �.';:'��" exercise of any right or remedy. ----
<br /> �,";, r. . �, �, 1 Z. S�s c c.s s o r s a n d a s si gns Bo�nd;Joint and Severnl F.inbility;Co-si�ncrs. T!►e cuve.n:.nts and agrczm:sts �f tfiis �,
<br /> - `__'�� S�r��ricy inccn�n�ent chal� hind and benefic the successors arid assi�ns o f L en der an d R orrower, s u b j e c t t o t h e p m v i s i o n s o f
<br /> n ` � parasraph l7. Borrower's cavenants and agreements shalfi be joint and sevenil. Any Borrower who cu-stgns tII�s �ecuriry �. -
<br /> ` '� ` '"'° Insuument but daes not execute the Note: (a) is casigning this Securiry Instrument only to mortgage. grant and convey that
<br /> � ..• �__. • . ,� rti,��c nr nrrcnnally oblieaicd to av thc sums
<br /> • � •�" °�e�<� ; Borrawer's mterest in the�ropeny undrr inn ic�ui,of eiii5..,.,..u:si�Im rs^....Af:,_, _!1- .- P_ _
<br />-3� ';' �'�� sccured by d�is Security Insaumr.nt;and(c)��rees diat Lcnder and any other Horrower may agree to extend, modify,forbear or __ _
<br /> ` : n'�' make any accommodations wid�r+:Kard ro the temis of this Securisy Instmment or the Note without tPeat�orro�ver's consent. °"''r�`
<br />-- " ' '��'•� . l� 13.L.os�n Ci�asges. If d�e I�a:n securod by this Security Instruinent is subject to a law which sets maximum loan charges, __-
<br /> :. �u.0
<br />-�- y" and that law is finally interpFetod so that thc iuterest or other loan charges collected or tv 6e collected in conn�ction�vi4h the `
<br /> .{;'= : �.."' '.
<br /> �Y�`" `�•� '�r•'' ' loan exceed tiie permitv:�1 limirs.then: (ay any such loan charge shall he rcrluced by the amount nec���ry to reduce the charge
<br />--';"1dJ°�. � to die pemutted limic:�rsd(b)any sums already collected fmm BomoK'r.r�vhich exceeded permitt�,�d ifm.its will be refunded to
<br /> '"•r�i�''"''-'' 6onower. Lcnder may ct�aosc tr� make this refund by mduaic�g the p�incipal owcd under the Note or by making a disect ��
<br /> '_'`��� � paymient to Borro�ver. If a mfund roduces princip�l. the ►��iuction wip be treated as a panial prepayment ►vithout uny —
<br /> - -� " `�' ,��,�,� prepsy�nent charge under the hrn'c. � �"�
<br /> � °-°
<br /> ���,:.R;�:�"'. 14.Notices.Any nctice to Borrotver provide.d for in this SP,curixy Instrument shall be given by delivering it or by maili� ,.:; _.
<br /> �• , 't ;':���t,� it by first class mail unless applicable law requires use of another method.The notice shall be directed to the Property Address r��
<br /> ,�:r:;;;�:�:.;af�,_ or siny otfACr addmss H�orrower designates by notice to Lcnder. Any rnti�r to Lender shall be given by first class mail to • ,
<br /> «:.
<br /> ��;,:�y��� Lender's addxess stated fierein or any other address Lender designates by notice to Borrower. Any notice providal for in diis r,,;,�,
<br />' ``� • Sccuriry Instrument s9iall be dc^cttzed to have been given to�orro�ver or Lender when given:ts pmvided in this paragraph.
<br /> _ �,�:;--'�`:�--
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<br /> ��-------��"'�=� 15.Goverutog Law; Sccc�abSli4y. This Security Instcument shall be govem:d by federal luw :utd the law of the �Y_
<br /> s:.�.�;:;u��
<br /> -=��;.;�....,.r�: jurisdicu�n in�vhich tlie Pro�erty is located. In the event thac any provision or clause of this Secu�ity Instnunent or the Note i�;F:
<br /> `'=�''`°'-`•`� conflicts�vith applicable law,such conflict shall not affect other prov�s�ons of this Sec:uriry [nstrument as the Note which can be -•
<br /> �;"-'`�� given effect witltout tBe conflicting provisian.TQ this end the pmvisions uf this Serurity Insttument and the Note are declarod �;,�•'
<br /> `�;
<br /> �+_�_:. •� •�� to be severable.
<br /> ':�_�,;y,;��;_�`. LG.Borrower's Capy.Borrowcr sliall be given onc confonned copy of thc Notc and of this Security Instrumcat. �':•�
<br /> _' .:r:?%�:.�-.�_ L7.Tranvfer of tlte Pr�operty or a IITeueticiad Interist in Bo►TO«es'.[F all or any part of the Property or arry interest in it �
<br /> _T.i4�..�
<br /> �W��;,'��-=,-;�-.� is sold or transferred(or if a beneficial interest in Dorro�vex is said or tra��sferrcei and Eurrowcr is rtat a natural person)without _- ,
<br /> ^'�-,�W�' �•�'•'� Lender's prior written cansent. Lender may, at its option, reyuire immr.diate payment in full nf al l sums secumd by this •
<br /> -��:�;k,� ..� '.f�'. Security Insttument.Ho�vever,this option shall not be exercised by Lender if exenise�s prohibited by federal law as of the date
<br /> ''' ''�"�'^ � ' of this Scr:w•ity Instrument.
<br /> : .��.i_,,•, .."r .
<br /> .. . If L.ender exereises this option, Lender shall give Boreo«�er natice af acccleratiun. The notice shal! provido a pen o not
<br /> _"- • �"� lzss dia�i 30 days from thc date ttie notice is delivered or m�iYed�vithin�vhich Borro�ver must pay�ill sums sucured by tliis
<br /> • �� � Sccurity instn�ment.If @orrotiver fails to pay these sums prior to the expirati�n of this period. Lcndcr may invoke a�iy remedics
<br /> ���- ••.. ,r,::,�• permittcxi by this Security Instrument without further notice ordemand on Uorrower.
<br /> � • 18. RunoK•er's Right to Reinstate. lf Barrower mee¢s certain conditions, Borcower shall have the nght to havc
<br /> � - �.. ��� � enforeement of this Sccurity Instntment discontinual at any time prior to the e:irlier of: (u) S days(or such otner period as
<br /> . .� �` applicuble la�v may sts�ecify far reinstatement) before sale uf she Property pursuant to any p��vcr of sale contained in this
<br /> Sccurity tasttvmcnt;ar(b)entry of a judsmcnt cnforcing this Security Instrumcnt.'i9iosc conditions arc that Dorrower:ia)pays
<br /> .���'� �-��'� �•���[-'�� Leader all sums which then�vould be due under this Sertuiry inst�mem and the Note�s if nu acceleration had occuered: (b)
<br /> J `�'' � cur�es;ury defaul�of any other cover.ants or agneements;(c)p�ys all expenses incurced in enforcing tZiis Sc*curity tnstniment,
<br /> �' includin�.but not limitccl to, rcasonable attomeys'fees:aitd(�)takes such actiun:is [.endcr may rc,hsanably rcyuirc to assum
<br /> °_,. � that the lien of Utis Security Instrument, Lcnder's rights in the Pmperty and Borro«�er's obliga�iun to�ay thc sums securcd by
<br /> tf�is S^ctetiry I�utrument sh:ill continue a�zchmigecl. Upun reinstatement by Borcowcr, chis Secunty Instrument :uid thc
<br /> ubli��tians srs.�f�creby shall remain fully cffective as if nn uc�ricration had r�uwn-d. Ho��•cvcr,this right to rcin�tate�Itall
<br /> , ' • '� not apply in tlte casc of accctcr.�tion undcr p�ragraph 17. � '
<br /> U ' ` � 19. Sale of!�'nte; Cita�tge of Loan Sen�iccr. Tlic Note or a p:utial intercst in tl�c N�itc (roUether �+•ith this Sccuriry
<br /> Instntmcnt)may bc sold onc ur mom times widiuut prior noncc to florro�vcr. A s:ilc may result in a ch;in�;c in thc cntity(known I
<br /> as the"L.o�ti Servicer")that collerts montldy paycnents due under the Note und this Security I�utrument. There alsu may b�:une
<br /> . or nturc changes ot'thc Loyi 5ervi��er unrelatcd to a s:ile os tlic Note. If tticre is a cl►;tngc of thc Wan Scrvi�tir,l3urrowcr will bc �
<br /> given�vritten itatice of die chan�e in accarclans�c zviti�para�raph 14 above ancf app9irable la�v.Th�noticc will state the namc:utJ �
<br /> addyrss of the ne�v Loan Servicer a�td the address to �vhich payments should be made. Tiie nuticc wiU alsu contain:uiy uther � :'
<br /> � inConnatiun reyuimi by applicablc la�v. �
<br /> • � � 20. fQazardous SuDstances. �o�rotccr sh;ill not raux or pcmtit flr prescucc, uyc. Ji�posal, tita���c, ur relcasc �il'any I
<br /> , . Hu•rarduus Substances un or in thc Prolscny. Borro���cr sh�ll not do. nur all��w anyunc clsc tu do. anythin� affccun� thc
<br /> �• Property �ha3 is in violation of'm�y Environmcnta!L:n�. Tiic pvccaJing ta•o scntenccs �h.►II nut :,pply to tfic prc,cnrc. u�r. or
<br /> ^ �rora�ge on the Property of small yuantitics of H:va►�tous 5ubstances �hat arc gc�YCr�lty rccugnizcJ to I�c apprupriatc tu no�'mal �
<br /> '. �� „ � .. residcntial uses and to maintenance of the Propcny.
<br /> ,,;�,3„�a Form 3020 9/90 •
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