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<br /> ~���� T suEst�ntlaliy equivnient m�rt�ge insumns�anverage is aoR availa�te.Eorrocver shal!pap to Lender each month u sum equal to
<br /> ' vne-twelfth o�the yeariy mott�e insurance p�mium Deing paid by Sorrower�vhen the insutance coverage lapsed oT c�ed to -
<br /> ''t,,' be in eifest.d.�e�der will accept.use and cetain these paymeats;as a toss teserve an lieu of mortguge insuranoe. Loss reserve f'
<br /> � paym�nts may rto longer be required.as the opuon of L�nder,if asort�age insurance covera�e(in the amaunt and for the period =
<br /> that l.xnd�t �equirz,}provided by s�n�asumr apprc�ved by Lender ugain becomes uvaiiablc und is obinined. BorroKer shnll pt�S�
<br /> � ' the premioms require�ro maintnin mortgage insurr�ce in c4'fect.or to provide a toss resave.until the requiresnent for moetgu� _
<br /> insursnca ends in am�rda.*ere with uny v+ritten ngreentent h�twern Boreower and Le�tster or a�plirable taoi. -
<br /> 9.Iss�ecii�. 1,cnde�or its agent a�xy malce teasortable enuies upon and inspeciions of the Property. Lender sha!!giv� _
<br /> • Borrower nntice at the tim�of or prior to sn icu-pection specifying reasonabte cause for the insgaction.
<br /> ���° 10.Caademnzttoa. The�roaeeds of any ac+rard ar claim far damages, dirert or conse�uential, ire connection �vith
<br /> oonde�ation or other taking of any part of�he Propercy.or for rnnveyance in lieu of condemnatian, are hereby assigne� _
<br /> shnU be paid to[.ender. _.
<br /> le the eveni of a total taking of the Praperty,tite pros�eds shaU be applied to the surac secured by this Seauity Instrum� -
<br />� whe►her or nat then due, wiih any excess paid to Borrower. In d►z event of a partial tnking of the Property in which the f
<br /> = ma.rket w�iuE oi the Pr�perty ir�+mcdiately tx;,fase the ta�ing is�e1 t�or greater th3n the amnunt of the sums secure�by this _
<br /> Secuhty Ins¢�vment i�nmediately b�fore the ta{cing.unless Boreower and Lender othervrise a�in wridng,the sums secured by
<br /> � tlus Secs�rity InsdumPat shall be reduaed by the amount of the proce�ads multipGed by the foflotivin� fraction: (a3 the tmtal
<br />. amonnt of the sums secvred immediately before We taking, divided F�y(b)the fair market value of the Property immediately _
<br /> befoie the taking.Any bnlance s5all be paid to Borro�ver. !a the event of a partial taking of the Froper.y m whicb the fair
<br /> ,; market valus of the Property immediately before the taking is less than the amaant of the sums secvred immediatety before the
<br /> !: taiciag,unless Bnrrower and Leader otheraris�e agree in wsiring or unless applicable la+v othervrisn provides.the praceeds shal!
<br /> be agplied ao the sums sec�ued by this SSCUrity Instivment whether or nat the sums are then due. -
<br /> � If the Pra�rty is abaudoneci by Barrower,or if,aRer notice by Lender to Somnwer that the con�emnor offers m mnke an ..
<br />` �'�'� awFUd or settle a clsum for damages, Borro:uer f3ils to respund to ixuder wit6in 30 days after the date the notire is given.
<br /> -. Lender is authorized to ooflect and app�y the pmceeds.at its apaon,either W cestomrion or repair of ttte Froperty or to We sums
<br /> . secured by this Securiry Instrnment,whether or aat then dne.
<br /> � Unte�s Leader and Barrower othenvise agr�e in writing. azry applicatian of p�o�is to principa! shall uot euend or _
<br /> �, . postpane the due date of the mondily paymeats refersed to in puagraphs 1 and 2 or change the amnunt of suc5 payrnents. _
<br /> ' • 11.Borsower Not Redeased;For�bearaace By Le�der 1�Iot a Wai�er•Extension of the time for payment or madifirateocs -
<br /> of amortization of the sums secured by thi�Security Inswment gianted by i.ender to arry s�cce.ssor in interest of Borrmwer shall
<br /> � not aperate to retra`e the liability of the original Bormwer or Borrowei s suca�ssots 6n inte;est.I.endea shail not be requited to .
<br /> cammence Praoeedings against any successor m imrsrest or refuse to extend tim�for payment or atheaaise amdify a�rt�tcon
<br /> of tt�, sums secured by tlus �ant3+ Insuumeut bY re�aa of any demfmd made by the original Borrower or Banower's _.
<br /> suoc�ors ur interest. My for6ea:ance by i.Ender in eaereising any nght or remedy shall not be a waiver of or prec(ude the
<br /> exer�cise of any right or cemedy.
<br /> 12. Suaoessoss and A�s Bonnd;./oin3 and Sevwa! Lia6itit9, Co�stgn�s. Tiie covenants and ag�eements of this
<br /> S�a�riry Instrumznt shali biad aBd benefit the suooessoys and assigns of Lender and Borrowsr, subjed ta the pmvisions of -
<br /> patagaph 17. Borrower's covenants and agieements shall be joint and several. My Borrower v.ho oo-signs tiiis Security
<br /> `•'��� Instnmsent but dces not execute the Note:(a) is cn�signing this Security In.�ment only to most�age,grant and oonvey t6at
<br /> .. Bormtv�r s intemst in the Prap¢rty under the terms of this Security Instrament;(b)is not personally obligated to pay.the_sums -
<br /> . :� secvred by tbis Security L�shvmet�t•and(c)agrees tdat.I,ender stsr3 any other Bormwer may agree to extend,modify.f�c�r or --
<br /> �aake any ecGOmmodations with�aid to the teims of this Stasr�t�C�swment or the Note withaut that Harrawer's ca�ss#f:..
<br /> _-_,, 13.Loan Chafges.If the loan secured by this Seauzty C��r�ment is subject w a law wluch sets manimum loan t4:ar�es, -
<br /> ��`.� anA that Iaw is finally interpreied so that the�m�r�t Qr ether toan c�arg�s coltectai or to 6e ooll�in oo►u�tic�with ihe -
<br /> '�' �'�p loan excexd tF�e petmitted limits.then: (a)any such faan char��hall be reduced by t1�amaant neoessa�r to reduoe tho charge
<br /> � `;_� to tha p�mitt�limil:and(b)any sums already wllected frorrt:8orrower whic6 eaceeded�ermiued lumts will be refnnd�to
<br />.;-;<;,�.;<:: Bnrrow�er. L�nder may choose to make tLis refund by rednc'r1g t6e psincipal owed uader the Note or by �naldng a direct
<br /> `';� payra�nt to Borrower. If a refund r�ces principal. the reductton will be ueated as a partia! prepayment Writhoue any
<br /> � .:�;;,� P�P�ent charge under the Note.
<br /> : Y4.Naifoes.My notice to Bateoaer provided for in this Seauity Ins�ument shaU be given by delivering it or by mailing _
<br /> ' ` it by fi�st class mail uNess applicabte 1aN requires use of another method.The notioe shall be directed w tLe Froperey Address -
<br /> � � . or any other address Borrower designates by natice co Lernit�: Any no8ce to I.e�nder shaU be given by first ciass mail to ;
<br /> � Lender's addr�s stated hercin or any other address I.ender d�.,ijgaates by nodce to Bonawer. My notice provided�ar in[his
<br /> • •�:`` Security Instrum:nt shal!be deieme�to have been given to Baixr�a�r.or Lender when given as provided in dus paragra�it-
<br /> .. 1S.Gov F.�t�: Sevexsb�Ity. 'I'his �ecuriaY Ins.rument shall be govemed hq federal iaw and t�e C;�s�r�qf the -
<br /> . erainfi ... . _
<br /> ,,.:.;�; lurisdi�n in wh}ch tfiq�;�'-zaperly is locate�.In t6a.event 3has any provision or clause of this Sec;uritg:iir�ent cr:e�.�.Nota . .
<br /> •..�. oo�t;ts with applI�6by 1�+,��onfltct shall n,nt sffeet ot�Prov�stons of this Securiry Ynsocume�s ror.tfm Nate�rliira��h be ,
<br /> given effect withont�f,e wnfllcEin�•jYOVision.Ti�this ead ttiw•�:�s��ns of this Securiry L�r.4rr.mae£t���f�Nrrts�i:::r3k�lared
<br /> , tobeseverabte. , . ; `' � . • ,,. . _
<br /> _ 16.Bormwer's Copy.Bomo�ret.shall be given ane canf�a�m:d wpy of the Note arid oYtt}is Sec�,-�t,g�;iasunme�it. � -
<br /> 17.Teaasier ot the Pe+operty or a Benefccial Interest i:f IBbrmwer.If all or any part of tLe Frn�t�:t-�_or any interest in it
<br /> � •� is sold or trat�ferred(or if a beneficial interest in Borrower is sofd or transferred and Borrawer.is cwk�u,rnti.`,ual per�on)withont •
<br /> � Lender's prior wr[u�u wruen� Lender may, at its option, aequire immedIate payment ia �;3t oF qtR�sums secured by this
<br /> Secui�t�.t tncr.,��t.hiowever,dt���+�rion shall not be exercL�x3:�sy Lender if exerc�se�s pn�il�it;�!���deral!aw as of the date
<br /> of tltiv���rity Insuutnant. .•
<br /> _�� 1,'t!l:kader eaercis�this opttou,Lender shall give Bomo.�vtts r�otice of acceleration.Th��nati�:�.�ts�ll.pmvide a petiru!of not
<br /> . less than 30 d�ys from the date che notice is delivered or maile�witlrin wluch Borrower must pay :Il sums secuted`by tltis
<br /> ��.'3.'. , Security Instrument.If Borrower fails to pay thca:e svms prior to the eapiration of this period,Lender r�r�y.:nvoYe any temadies -
<br /> � ' � permitted by this Secariry Instn�ment without funfY�.^r�rotice or demand on Borruwer. "
<br /> ,°� ' 18. Bor�rowet's Rigat to It�ote. If &orrower mcets certain conditions. Bats:eiver shall have the ri�ht to have
<br />'..;.;,;�;:+ enforcement of this Security Instmraent disconrinued at any tims prior to the earlier oL- (a)S Quys (or snch other periad as
<br /> •...,.;,� applicable law may spocify for reinstatement) before sate�r#�liir Pmperty pursuant to sny power of sate comaineb in this
<br /> : �•S;� Secunty Cnstrument:or(b)emry of a judgment enforcing flus S;rsarrity Inswment.Those conditions are•tl'�at Borrower:(a)paYs
<br /> ','�1� Lendcr all sums whiclt then w�uid be due under this Securfty fnsuvment and the Note as if no aocetr�:vinn had oocurred;(b)
<br /> . ,.`���j cures any default of any other wvenants or agreements: (c)png�i all ex}r��:�s incurred in enfoncing i�fi. 5eairiry Insu+�ment.
<br /> • inciudinq,btnt aot limited to,reasonable attarneys' fces:a��{d)►,akes such action as Lender may crx�n::biy rpquicti to assure
<br /> " '•.;, that th�lien of this Seeurity Insteument,Lender's riQt►ts in the Froperty and Borrower's oi�ligation co pay the sums r,ocvczd by_ __
<br /> ��• �i t3us 3erurity lnstrumeat shall continue unchanbed Upon reinstatement by Borrower, this S�ry Iaftcument and tIte -
<br />� `f�' obllgatioas secumd hereby shfil:mmain fuUy effective as if no uoceleration had oocutred. Ho�vever. this right ta r�einstate shatl
<br /> `.�jl� not appfy in the casa of aca°.temtion under pa�grapfi 17.
<br /> •- � 19. Sate o!Note; �hattge of Losn 5ervt�r. The Idote or a partial interest in the Nate(tagether with tbis Securit}f�.
<br /> •• Instrument)may be sold one ot morc times without prior notia�to Bomnwer.A sale may result in p chunge in the entity(tnown
<br /> . as the"Loar�Setvicer")that coll.cts monthly paymenu dae under the Note and this�ecurity Instnunent.There also may be on°�-.- •
<br />�• or morc changes of the Loan Servicer unrelated to a sal�of the Note.If there is a change of the Loan Servioer.Borrowcr will be
<br /> ' given written notice of the change in acoordance with paragraph 14 abave and applic�ble la•�v.The nntice anll state the namc and
<br /> � address of the new Loan Servicer and the�ddress to which paymenu should be made.The notice�vill also rnntain eny ather
<br /> , iaforrdation requirai by applicable law. -
<br />: .. _ 2t1. i�arrrdoas Su6§tances. Borrawer shall not causc or pemut the presertre, use, disposal. storage, or release of any
<br /> � Ha�rJ:aus Substances on or in the f'roperty. Borrower sha11 not do, nor allow anyon; else to do, anything affecting tpe `
<br /> Prog�rty thru is in violation of any Environmcntal Law. 71�e pmoecling two sentences shall rtot apply to the preseace, use.�P -
<br /> - ste?�?or. *►!?Pmn�*ty nf cyn,�Q m►antitiea of•}I�iardnns Suhstances that are¢enerally recoeni�ed to be approptiate to aormal
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