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<br /> xiebstantl�lt��ec�utvalcnt rnohgage insura�iCC coveragc 1�not evaitabl.c,Bormwer sliall pay ta 1.crxlWr cuch monih s sutr,equal ta
<br /> ' one-twelfif�04 thP yeariy rnc►s:bu�e insurt+nce premium being p��.ici by fiurruwer when tlie in5�.iranr.c coverage lapsed or ceased to
<br /> p �c i►�cf�e�.�. I.c:xt;r�vi11 u,ce}r�,u��c�ncl r�tnin si�e�r,p��yntc3us��� ca lnss rescrve in lici+ of rnc�stgage i�isurance. [.ass r�servc
<br /> �::iylitF II�S f332y ft0 Ii)ltt;:.'t L�i'�S liIYL'LI,c�t tLe�i��tiaii r�f l.�ndce.ie r��ostrvn;;c lrsnranc�cc>ver�;e(in t�te�ntiiunt cind for the�s:eiat
<br /> that l.encicr rcquiresj provi�ia�by a��insurcr opprovcd hy l.enrler agauln becomev availuble cmQ is abtai��J. i3nr�uwsr el�ull pay
<br /> � tho Qremiums tryu9ral ca maintain nxsrtgage insur�nce in effe�ct,crr to provlde a luss res�rve,until the rec��.�feen�ens fur mortgage�
<br /> irtsurance ends in accordQ��ce with a.hy writ!en agreemer►t h°t��axn?3orrower and Lender nr a{�plicuble law.
<br /> �.InepetUon. l�eender ar�ts i+,�cnt may muka reasona�lt z�uics upan and inspr,ctlons uf thc Property. d.ender sh�ll give
<br /> 8orcowes not+ce at the time of or prior to wn insper:tioii specifying reasonrblo cauKe for tt�e inspectlon.
<br /> 10. CondertAtu►tlon. The proceed9 of sny awar� or clsim far damages, clircct ox amxquential, in crnmectfan with uny �
<br /> co�xie�noNiius�o►•u�i�a t�tkiug of ruy��i of Qu.Feop�rty, or fnr canvcyance in lien o�rnn�iam�zxdon. nra hereby e�.si�neQ n�xt� �_
<br /> shall be paid ta Lendcr.
<br /> In ttb event of a tot�l Psking of tt►a Pra�perty.the procceds shall he applial to the sums secured by thi9 Securiry[nstnunent.
<br /> wh�thcr or not thcn due, with sny exc:oss pnid to Borrower. In the event of a pur�ial aJcing uf the IProperty in which tlie fair
<br /> market vriuo of tt�e Property imrnediately beforo ttie taking is equal to or greatsr than Ihe amount of tlu sums securai by this
<br /> Security I�utn►ment immodiately 6oforc thc taking.unlass Banower and l,erol�r wherwise ngr�in writing,the sums sccurai by
<br /> this Sa:urity Inst�ument shaU be roduced by the amount of thc proceeds multiplied by the following fraction: (a) ttw tatal
<br /> Arnount uf tl►e sunu Securad immadiatcly bafnrc thc taking, divldal by(b) the fair market v�lue of'thr,Froperty irruixxiiately
<br /> b�fore thc taking. Any balnnce shall be patd ro Bornuwer. In the cvent of a partial taking of thc Proper.ry it?v+1�ir.h th� fair
<br /> muk�t value of the Property imnxdiately before the twking is less than the smount of tb�snrns secul�;�:im�nr,iJ���rl.y irc:fur�c the
<br /> tnking,unlrss Ectirmwer and I.endec otherwise ag�+a in writing or unless upplicuble ta«�orL�c.r.vr3.;,��pmvi.�r.�,Ura��mc�.c+ls sfiall
<br /> be appli�d to the s�en,s securai I�y��is SecuriAy T.nsuument whether or not the sums arn(Jsen.ci»n..
<br /> If the Pmp�myr r.s aband.�r.n�d;f��r T�or.m•�ucc,crr.if,ufter notice by Le,nr,l.�er�Cv IJaa-mwc.�r RItiat the oo�%i,`mnor offers t4 a�a.&e arr
<br />, awa�d or settl��n c,�ss.r.r.r.f:or da�mages, �r�rurrer. f�lJs to respond to L.entt�r. wi.t�in 3U�clays after tt�date the natice �s g+v¢cr,,
<br /> L.ender is authori��ad:ca co�.C�xt:��ncC a�rx�tY l[t��cx�.at its opt.f.oa,either r.a cestor.s+i*.��or�pair of the Fropecty or,r,cr rh3e suims
<br /> secural by this Ssevxi.t�r I�stn�met��,wiyeti�¢r o�r rn�t thon d��r�.
<br /> Uni�ss Ltnd�es aax!�3ocmwacx otherwisr_rK,ree in writing. any appit�ation of�r.�:,coecis to principal shall nna cxtend or
<br /> postpane the d��ar.c:¢�;o3tc md:�1'.ttLp pa�mRr.r�s�nr.f.emad to inparagmphs t a�c�2 or cAar.xge the a►m�unz o€such paymenu.
<br /> 11.Bor�+��aam fi�`etiy`��tekaaed;�'ottiaur�nru��y I.euder iVut A Wa►+:a�r�E?xtension of the time f��:��ayment or modificatian.
<br /> , of awnactizadon afr A�'e;3:.Msse�ure�l BY this�vr,r.icr Instruruent granted by I.ander ta uiy sucassor in intercst of Sorrower sha�G
<br /> • �G�cjm°:.ate to rclea�es�ihe liabi'i�t,y�f tha ori�in�i1?:3amower os Borrower's successors in�n.terest. Lender shall nat be cequired t�
<br /> m�sy:a�t�n�e pmcatlings agair.�t�a1��,�rqessor i�i it�ttrest or n:f.-�se tu extend tlroe for�:prer:it or othecwise mod�ifr�ar.rna�t�zacion
<br /> uf id�y��.'.µ�ms socp� by this �a;���ri;� ln�¢iu�!'���i by rtas��a of any demand made Fs� r1?iz original 8orruwer �a J3,arrower s
<br /> sur,ae;5�irs in int�tayt. Any fort�t�r�t►cx by d�xr�'Rr in exereisimg eny right oe•nmody sha7!not br,a waiver of u*p�'ecl�adti the .
<br /> exerc',�o af Any►ibN;+:rt remody. • �
<br /> '��� Succeaeors and Assign9 Bound;� t1'snl and Sewes�►1 Linbiltd�r Ccrsfgners. The covenants And agramenu of thls , ..
<br /> S+�;;r.'n.';}�'slnstrurot»t sttall bind t�nd benefit �sucassors�:�signs u��L.ender anci Fiorrnw�r. subject to the �s�visions of
<br /> p�w:s4,lil�i1 17. Bornower's cov.un�r;a und agre�ments sh�a�U f!r� joint and several. Aq,y Aorrower wlx� co-sl�r��'�s i�ecurity
<br /> Tn�Jrar�n.��Pt but does not eaecu�F Ghi•.NOtt: (8j is CO-SlgroDg iftis$OCUriry II1ST�uIi�u m�`y io nn►ii�agc� �a,µ.�,�.�c�.>>�'.�:
<br /> D'r.�:;�!tE•Cr's intecrst in the Pcape::�p t�nder c!��tprss of thts Socurity Instrument;�Ea?�,:�:����t�y ��+s��.YS�r���`rti�,suma
<br /> ���• �; .t�ct;�nc�9�by this Security Insaument;and(c :��a�s that[.enJer and any oti�er Borrowcr.n.•�y agic+ee ir�xund.modih�r,,.�;�.�I�r cr�'; :
<br /> �,.. ,, ,.si;/j►xei�py e�aomirxxlutions with c+ega�3 to�:�i�.r.;rts of this Sorurity Insctrument or the Nx,c�s:aiti�uv�1,���t.f.�?4�rrower,�{.rp�p�?... ',::,�;.•
<br /> '���. ��,, 113.Lo�n Cha�es.If tha B��A,secu:r&'i�;1_�t?t;s 5ecuz�cy.Inswment is subject u�a:l.r•+x•�Jax^�E'"�:s�,�ni:tim�.�;;�orV,`."�:�1.Y�+�f�f
<br /> aix'J¢Er�t 1aw is finally intecpnt.�`u�'�sa 14ai�u��rm�iest or rt�i�'�r loan c h argrs co l lxt e d c�c tu:1se.L�'�`y��;te t�•ia c o n.�.d i m:sti q l'.�,�,"`��'
<br /> tou►eac�od the pemuitted liriuts�;¢h�;�: (a)�a�t�.s�tch loan c�narge shall be ratucod by tLM•a}tryour,s�x:crs.,ary to rn�li�u'n,li�e�'. $�.
<br /> to the permittal limit;and(b)nnysiims���7y coUectcd from Borrower which exccodoi$ptrmittod limlts w+ill be':�r��:�•��,{�:,..'.
<br /> :, Borrower. i.eaider may chonse to m�1ce , is a�fitind by nxlucing thc prtnaipal uwed undCr the Note or by maiiiqb a d�rG,;t`',. ..,��'.
<br /> pryme�t to iftomnwce. If a refund, re�lac��.pnifx:ipal, the r�luctton will be nraccd as a pa.-nal �Sr�,yrr.c:: a:i3u�ut :-�',�..
<br /> tmP�Yment Chuge und�cr t6C Nntc. •, � .;� 'r�:.�.. .
<br /> 14.Notical.Any twtta to•19q:aroWer provided for in thts Sa:urity Inshvmen2 sha11 be given by delivering ii�ck•1ti,��'ilr�i�ing� �
<br /> it by first class mafl unless appli�up,e�uw roguires use of pnotl�er method.The notia shill be dirocted to the Pr�ii"vfy�resa•
<br /> or any other addrGSS Bocrower dta�g�u►tCS by, ttiptia to IxnAer. My notice to Lenda sha(I be given by first c(ras mail la •
<br /> [,c�der•e adeiress w�tad ixrein or any othee-nc�cl�as L�ender designatrs by notiee w Borrower. My noti�e��rovid�vd far in tlus,�;.�• ,,
<br /> � Securi�y tnat�rt�ent d�all be douned to twVe ibecri glvcn to Borrower or Lender whCn glven as providod in tQus paragraph. �•
<br /> IS.Govers�3n� A.�w; Sevet�bility. TNis�Security I�utntroent shall be govemed by foderal law Ac�d the law of the��;�,,'��
<br /> jurisdiciion In wbich the Propert�'is locatai.In the event that any pmvi,ion or clausc of this Sxudty Tnairumenc or the Note
<br /> conflicu with applicable�nw,sucli conflict shep not affeet other provisions of this 5eaudty Instcument or the Nott whieh can be
<br /> giva�effxt withot+t the conflicting provision.To this.e►xi tfx provisiom of this Secudty Instrument and the Note are doclared �,�,;
<br /> to be scvent>le. .
<br /> li.Boarower's Copy.Bort'ower shsdl be given one confomxd ciapy of the Notr,and of this Soc�liit}instntment. -•
<br /> 17.Tr�a�[�r d'the ProEkrty w'a Bendlr[a1 Snta�st in lbrrower.If all or any part of the prdperty or any intrrest in it
<br /> is sold or transfercetl(or if a be�xficia!interest in 8orrowor is sold or transfemai und Borrower is�x>t a neturai person)without
<br /> [,e�cicr's prior written ooc�ent, l.eMer irray. ax its aption, ra�uirc imnxdiate payment in fult of ap sums sccurgd by this
<br /> Sa.vrity Instrument.However.this option shall not bc eaercised by Lender if exercise is prohibitod hy fedsral I�w a9b4'the date
<br /> of this Soc�erity Instnunent. .• �
<br /> If�.ender eaercises this option. I,endcr sh�ll give Borrower notice of acceleration.The notice sKali gmvide a period of�wt
<br /> less than 30 days from thc dste chc notice is delivercd or mailod within which Bomuwer must pay all sums securod by this -
<br /> Socurity Instn�ment.If Bonnwer fails to Qay theu sucng prior to the expizatioa�of�his periQd,I.ender may,invoEce any remedies
<br /> permittad by this Security Inuru�xnt without fuither r.�otica or domand on Aurrower.
<br /> 13. Borrowar'g lFig6t to Retostate. if Borrowcr mxts artain �a:rii¢ior�, Borrower sliatl havc ths right to have
<br /> enfora.ment af this Sa:urity Instrumene disoontinued at any time prior tfl tl�;carli�r of: (a)5 days (ar such othe�r periad as
<br /> ' applicable !aw tnay sp�xify for reirsstatement) before sale of the Pro�erty I�rrsuant to any power �f sale contained in this. •
<br /> ' Sa:urity In4txumenr,or(b)entc��¢�£a judgment enforcing this S�ccuriry Instrumenc.Those coadttiqns ara thae Bu��mwer:(a)pays
<br /> I�crdcr ali sunu wliich t}xn�r.nuCfl be due under thia 5xb�nty In:�trument and tl�:I�atte ps if nu accelaration f:�n�•��curral; (b)
<br /> cures any dcfault of any ath.:�•crarcnants or agreem�r��: �c)pays all exgenscs Fac�ir�rd'rn cnfon:ing this Saai,iNy Instruii�ent,
<br /> including,but not lim►ted to,reasonable ar.tnrneys' fxs:a;�i(d)bh►�sriCh actioit au C.endcr mn,��r.ea:,�nubly roquire to assu*.�
<br /> that the licn uf thi�Sccurity Inswment,IIa:rrf.r's rights in tho P►�pt:tly a►td Bornower's o111i�;vi��r.,r.o�ny thc suins xcured by
<br /> �hic c.�,,.;..� t�:rrt,e�u sh911 mncinue �.anQ�l. Unon r�eins �� ut bv Bomower. thts Security Instniment w�d the
<br /> ok+ligatiuns sccurai hercby shall remai�e fuiLy effactive as if no acce!eradon had occumed. Howevcr, this riAht to neinstatc shal➢`
<br /> nas apply in the case of acccleratinn under paragrach E'1'.
<br />° 1J. S�le of Note; Cluit�e oP Loun �3oer. 'Phe I'lote or a pariial interest in the Notc(togethcr with this Security
<br /> instntment)ma�'bc sold onc or more times��:ihout prior notice to Borrowcr.A sals muy res�lt in a changc in the entity(knowrt
<br /> as the"Loa��Servicer")�h�t collects montlib�r payn�ents due under the Note and th9s 5ecunty Instrumcnt.There also may be owe -
<br /> or mone chanRes of th�Loan 5ervicer unrelated tv a s�le of the Note. If there is a change of the L,oen Servicer,Borrower wiil`be 5:.,
<br /> given w��itten natice of the chan}�e in accordanc�:with��aragraph ld at�ve and nppitcabla law.The notice will state the na�m;snd'
<br /> address o►the new I.oui Scrvicer and the address to which payments should bc; made.The nntice will alsc�rnntain nny other
<br /> infomiation rcquiral by appiicr.blc law.
<br /> 2U. Na�ardou� Su6stnt�es. I3orrowcr shall not causc or pennit thc pzesence. use, disposal. storagc, or rctcasc of any
<br /> Haxardous Substaaces on or in the Property. IIorrowcr sh�ll nnt do, nor ullow anyone clsc to do, anythfng affFCting tha
<br /> Property that is en violation of any Environmcntal I.aw. The prcceding t�vo scntences shall not upply to thc presencc, usc,or
<br /> starage on the Property nf small quantities of Ha•rardous Substances that are generally irecognizod tabe nppropriate to nom�al
<br /> residential uses:►r►d to n�aintenancc of thc Property.
<br /> v�o a�+e Form 3028 9t90
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