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<br /> . � ' � �;ui�stacttizily cq►sivule�it nioyi�,u�e ineumnce covcra4r,is not�vnilubte,Hor►•o�vcr shnll p:iy to T..ender cach mmuh n sutin cqual to(,� �:.;_..
<br /> ' ���ii�t��clf�.l��ti 8ic ycnrl�r tno.ige�c in���P�IiCC pPi3illll�M�1;:��i�p�iQ�y Qz�rrot�6e�vi�cn tlie in:ur�nc�covicea�c�a�3scJ or c;.:.�:.�to U
<br /> i��3❑cfi;:. +�� �^-� ,�•f� Lc�s�.
<br /> t. li�n..°-r tvilt r._�.,�t, �+::�: � Ylillis�ti.c:r Rr.�yc�:�ntq e� .►lo.;., rescrve in licu of ntoi3�;��e insub-ance. , rec�ivc,
<br /> ° �;:�yi�r�ur� i�i•ay itu�un;;cr Gz�:, 116ec�1,;�kiii;}st,ii►ui uy��►dc'r, if�it:�rt�a�c in;i��•c+.iicc c��vc��a„c(in tiic�uw��itt mttt Pur ihc frcrli�:.t ,�
<br /> . _�-_ _ .._'� ;;a;:!_;;o;?�: t�:�:�!:�c::?['�'^,�4-�`-�e���,�.y,cur p meeprnvcii hy l.t:►��cY annin b:coutr.s nvuilr.tilc:i�id is avtai�ic�1. t�c�rr,-►m�;r Fhall p:iyG,.a
<br />� �, ��, ` tBc�Eir��iiau��;►�cyuircd to m:�int�9x�n?�,M,�t�:igG:in.��rr��ic,;in ete'�:ct,c►r w�ravicie n lass et�erve,untli ihe reqturentent for nmrc��:;,rc;».• ��
<br /> �..�• � :_. � IIlSIIfAI]CL`C371I9 117 t16COftIAl1C�W�IZI illly GPIII611 Uqf}CCIY1CIlt L`L`lt�;�en RorP+�wcr:+nd l.endcr or np2�li�;aTale l.,�v. �
<br />:-- � 9. Iias�:2il�i�. l.endcr or ita agent may m;�ke ��casoaiaialc cntrics upon an�! lnspectionsi nf Uic Pm�crty. I.C11l�Ci'ShIIQI f�'IVC� -►rw.
<br /> �'�`"'"'�"=;�^�'' I�nrrawer n��tice at ti�e tiuio of or prior to an inspestiun�pecifying reasanable c�luse for die inspcction. =-=�--
<br /> �.. � �-.�
<br /> IQ. Cc�nr9����t�atlon. 'TDie prncecil5 O�wiy .ltYQi(I OP CIAtAII fOi(Itllll�$C5, direct or conseqtterttinle ill CODilCCl1011 WIl 1 8fly
<br /> candemnati�n or other tukiu�;ui'ijuy{�u�t uf't6c PruH;:�iy.oe fue convcynncc in lIeu of son�lernn�ttinn, r.re Itereby nss��n:al mxd �,�
<br />- -= shsll bc paicl to l,endr.r.
<br /> -�°-,��..=-� in Ilie event of a tatai t:�kins of the Property,the proccafs�hall bc upplieci to the sums securcd by this Security Instrument, -__
<br />"�`==----�. whethe�•ar not then due, with any exc�ss pa�d ta�orrowcr. In the event of a parcial takin�; of tl�e Propeny in wh�ct�the faie
<br /> '"=�{�° niarket value of the Prc�;,.;ty immediAtc➢y befoee the tnking is equal to or greater than tlie umount of thc sums scr,ured by this �
<br />-=° `'`��`.�"� Sccueity Instrumcnt ir�e�gediatcly be€orc thc takin�,unless Borrower ar;d Lc�tder othenvisc agrce in writing.tlie san�s securzal by _ _
<br /> -`N±"�"��' this Securit Instrumznt sha11 be ruluccd by th�amount of the praceeds maltiplied by the following inction: (a) die total -_._
<br />:a:�.rr'r xr��c tT•i$!4 �' —
<br />,_����• '• nmount af ti�e sunis secure�.i inimal�ately tFefora the taking,divid:.d by(b) ths fiiir market velue of the Propercy immedintely �__ _
<br /> :-�,�,�,._.;.:�:�. � befarc thc takirog. Any balunce shall be paid to Iiorrower. In the event of a partial ta:cing of�.he Propepty in which thc fair _
<br /> -� --_.Ntt� ,
<br /> - - �.' • nwrket value uf the Property immedintcty before the taking is Iess timn thc amaunt of the sums secvred immediatcly beFore t ic
<br />'�`�'`�r'•�'��•- - � taking,ur�less Borro�ver und[.ertder othenvise agree In writin�or unlP.ss applicable la�v othenvise provides, the prc�ce�:s shall __
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<br />:�:1y,..�'� be nppli��l to the sums secured by this S�ecurity Instrumen��vhether ar nut the sums ure then due. ____
<br /> -__-::���a If the Prop�rty is abandonc�l by Banower.or if,aftce notice by Gr,nder to Bocrower that the condenutor offers to make an —
<br /> --'u"�'"a°°'.L�: awacrp or setde a cla�m fac d�unages,Borrower fails to respand to L.ender within 3U days nfter the date the notice is given,
<br /> -=� Lender is authorizcd ta collert:.nd apply the procci;ds,at its option,either to restoration or�pair of the Property or to the sum�s
<br /> - �+ r`� secur�ed by th[s Security Instrument,whether or not then due. °-
<br /> ='-�"'�a Unless Lender and Borrower �dierwise agree m writing, any application af procecds to princip;il shall not extend ar .��A
<br /> ��:'t�� ---
<br /> pustpone ttte due date of the montlily paymants referrcd to in pamgr.�phs 1 and 2 or chan�e the amount of such�ayments.
<br /> . ."..^""°`"•• 11, �ti�„t�s;es Na.l:c4.:�,sc�;�or��r.:rtce By l.e3efle*Not t3 Ws�ver.F.xtersion of the timp for paymant or tnodificatian ���•,
<br />_i'uL..4if1�=�'dSLi� w-s_.:_
<br /> �¢"��.�,.�,: of arnortizntion of the sums secured by this Security Instrument graraed by I.ender to any successor i�a interest of Borrower shall ---
<br /> k,�� not operate to release the iiabili3y of d�e original Borrower or Borrower's successors in mterest. Lender shall not be required to 5
<br /> . .,..,�.� �E..
<br />;b-�r � cammence proceedings ngainst any su¢cessor�n interest or refuse to e�tend t�me for payment er oUienvise modify:unorti•r.arinn
<br />- �..,��; of the suma sccured by this Security Insteument by reason of any demund made by the original B�rrower or Borrower's m.�,,,.
<br /> -�`1 suaessors in interest. Any farbearance by d.ender in exercising any right or cemedy shnll not be a waiver of ar precludo the �;;::
<br /> .•-,�va: .' eaercise of a�iy right or�medy. �-`-
<br /> �''�'•':��" 12. 5uccessors und Assign9 Buu�d; 9oint am� Several i.iubtlity; Casignere. The covenants and agrecments of this ___
<br /> �-'.P���`s._._ �' Se�uriri Instrument shall bind and benefit the succ�ssors and assigns of Lender and Bonower. subject to the provisions of �,:
<br /> �-;r,tS��•;�.1 paraeraph 17. Borrawer's covenants and agrzements sh111 tsc�oint and scverul. Any iso�rower wno co-�igns ti�iy Sa.v��ay �,r,=
<br /> �"'=�" Instrument but dces not exc�ute the Note: (a) is co-sigr�ang tnis�ecuriry Inscrumeni anIy iv ucwigagc, b.-aj'd-nn3 c,�sa'�y il.ai —_
<br /> "�'"'� ` Borrower's intcrest in tl:e Froperty under th�terms uf this Security Insuument; (b) is not persanally abligated to pay the su►ns �°°�
<br />`��''"�°��, ' securrd by this Security Insttument:and(c):��s that Lender ar.d any other 8orrower may agree to extend,modi6y.forbear or
<br /> _e•si,K,, o_.
<br /> '"`�-���.�3: ' make any acsummadations with regard to the terms of this Security Instrument or the Ivote without that}3orrower's conscnt. —
<br /> '' � 13. Laan Charges.if the loan secared by this Security Inswment is subject to u.law which seis maaimum loan cfiarg�s,
<br />"�'�,�'' " and that la�v is finally inrerpreted so that the interest or other laan char�es wllected c�r to be collected in cannection wid�the
<br />:°;;y,-;�w� lonn excced the pernutted limits.then: (a)any such loan charge shnll be m.duced by th$amount necessary to reduce die charge �:
<br /> "� �r;;'� -�.-,� to the permittcd limit; and (b)any sums already collected from i�orrower which exceeded pc�mutted limits will 6e refunded to �:
<br />`�'�^L`'--�` Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direst ,,,a
<br />.;-�_;..-"�`""��
<br /> payment to Bonowcr. If a refund reduces principal. the redu�ction will be trcated as a parti�t prcpayment witltout any �;r
<br />_,,,��;�ti �"'� prepay►ncnt charge under the Note. r`-'�''�
<br /> ;-.�,�,; i� 14.Notices.Any noticc to Borr�wer pmvided for in this Security Instrument shal!be given by delivering it or by mailing
<br />_-�'�" it by first class mae!uciless applicable law requires use of another method.The notice shafl be directed to the Prop�rty Address ��
<br /> --'�-"` ��.��� or any othcr address Bonower dcsignates by notice to L.ender. Any naticc to I.ender shall be given by first cluss mul to �-�:
<br />- =:T'����-� Lender's address stated herein or any�ther address Lender designates by notice ta Borrower. Any notice provided far in th+s ��,
<br />� �r'�`-�� Se�vriry Instrumen[shall be doemed eo have been given to Horrower or[.ender when givcn�5 provided in this paragraph. �__
<br /> ��-� 15.C.overning Law; $everabil3ty. This Security Instrument shall be godemed by fecicral. law and the la�v of tlha � _
<br /> .o...W��r: jurisdiction in whic!i the Ft��nt�ty�s I�cuted.In the event that any provision or clause of this Security Instrument or the Note �,5�,`
<br /> =--�,`���- con 4 7octs with a�r plicable lnw,ni7ch canflict shall not affect other prov�sions of this Securiry Instniment or the NotE which can bc .�....
<br /> _-' " given effect without the conflletipg provision. To this end the provisions of this 3ecurity Instruenent and the Noie are declared y:;��
<br />�::;:►.:.,�::
<br /> ,„„:;��...;� to be sevcrublc.
<br /> —=n����. IG.Borrower's Copy.Bormwer shai�tie biven one conformed copy of the Note and of this Securiry Instntment.
<br /> ;��,.a�r^-:.::;. �° 17.Trunsfer of the�'e�operty or a BeneSictul Interest dn Bomower.If all or any part af thc Property or any interest in it
<br /> _' �r ,��,
<br /> -- �� �� is sold or transferred(or if a beneficial interest in Borrower is sold or transfencd and Bunowcr is not a natumi ncrson)�vithout .;�.
<br />_``,:.;��;�:�^�*•� [.ender's prior wditen consent. Lender may, at its option, require immaiiate pay�nent in full of all sums secured by this :;,,?,�
<br /> •:,^*-.riw,��f�' Securiry Imstras�nent.Hawever, ehis option shall not be excrcised by I.�nder if exzrcise is prohibited by fcdcral law as of tl�e dnte
<br />_ -,�,:�:=}':�.:: ;d. of this Security' lnstrurnent.
<br /> -- . - If Lender exercises this option,Lender sl�all�ive Hono�ver�iotice of acceleration. 'i7ie notice shall provide a period of aot
<br /> 4_ • • r:;.y;�, less than 30 days from the date th�notice is delivered or mniled within which Borrower must pay all sums securcd by this
<br /> ° �i.".-•-:�;:3.Y�, Security Insurument.Yf Borro�ver fails to pay thcse swns prior to the expiration of this period,Lti:udcr may invukc any remedics
<br /> '''� • ° '"' �v,�~ permittcxf by this Securiry I►utrt►ment without furth�r noticc or demmd on Borrower.
<br /> ` • �' :�• 1Si. I3orro�ver's Ri�;ht ¢� Reft�ate. If Borro�ver meets certain conditions, Borruwer shall have the right to hare
<br /> • , �= enforcement o��his Security instrument d:scontinued at any time{rrior to the eurlier of: (a)S days (ur such other period �.
<br /> - � : �� applicable law s.nay specify for reinstatc r��t) before sale of the Yroperty pursu�nt to uny poise� of �.�le contained in t14is
<br /> _` -.,'�:;`�r'`-•'�. Securiry Instrunient;ar(b)entry of n judgment cnforcing this Security Instn�ment. Those conditions are that Horrower:(a)pays
<br /> - Lender:ill sums whir.h th�;�E<<r�uld be due under this Security Mstrument and the Note as if nu acceleration had occurnd; (b) I
<br /> � cures any default of any��he, covenants�or a�reements:(c) pays all expenses incar�d in enforcing this Sccurity instrument.
<br /> ' " .._-_ including. But not linuted cn,rcasonable attorncys' fees:and (d) takes such action as Lender�nay rcasotrably requim to a�surc �
<br /> � � ' that thc lien of tl�is Securicy IRStrament, Lcndcr's rights in the Propeny:►nd Borro�vcr's obligution to pay thc sums securcd by
<br /> �ti:.. co.�..-:�u Inctn�rrwn! cli�ll �nNin�ir ��nc}L�nocd. Ilnnn felluL3tCR1Erit fIV BOtIOWCC. 11115 $CCi1C1[V Instrument :tlld �hC
<br /> " �� obiinations sccured ltemby s�sall t�emain fully effective as�if no acceleration had occumed. Ho���ever, this right to reinstate sliall
<br /> " � � not apply in the case of aceeltratiou under par�graph 17.
<br /> , � 19. Sale of►�IoLe; Chai�;e of l.aon, Senfcer. Thc Note or a panial intemst in the Notc (to�;ether �vith this Security
<br /> .� � Instrumen�)may bc sold onc or more timcs witliout prior noticc to Borro�vcr. A salc may rcsult in a cftange in thc enticy(I�no�vn
<br /> ; as the"Loan Servieer")that cuilects monthly payments due under the Note and this Secarity Instrument. Them also m�y bc one �
<br /> , f or mon:citanges of the Loan Setiviccr unrelatcd tu a s�lc of thc Note. If thcre is a chan�e of thc Loan Serviccr.Burrotivcr wili bc !
<br />' " giv�n wriuen notice�f the cli;u�gr:in accordance�vith para�raph 14 above and applicablc la�v.The notice will state the mm�e and �
<br /> � � addcess of tl�e nc�v Loan Scrviccr and thc address to�vhich paymcnts should be made.'Chc noticc �viU alsm m�tain any otlicr �
<br /> 1i' infarntation rcqnircd by applicablc la�v. �
<br /> " � 20. Hazardons 5ubstnners. Bonn�ver shall �sot cause ur pennit the prcsence. use, disposal, ytorage, or relrsse of any
<br /> • ` H�rdaus Substances on or in the Proprny. Borrower shall not do. nor allo�v anyone else ro do, anything affecting the i
<br /> .. �
<br /> � • Propcny that is in violation of any Gnvimnmcntal Law. 'I'he pn�ccciing two scntenma shall not apply to thc pmsenee, use, or
<br />; ;; • • ''� stor.�ge on the Pmperty of small quantitics oF H;vardaus Substa�iccs that are generally mcugnir.ai ro be :y�propriate lu noi�nal
<br /> residcntiai uses and to maintenmue of the Pro}�erty.
<br /> .� ' I a,�o:�oie Form 3028 9790
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