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<br /> iut+st:+nlially c�uivulcnt nx,��gugc iit�cur�n�-�c r���cragc i.iN�t uvailahlr. IA�rdIG'ft~hall p�►y ta I.cixler eakh nxHUt�w�um equal ta _
<br /> iuk tw�lflh uf thc y��u•1y nk�n�,x�c i�iwra�xc;�renilum t+ring�uiJ b�• H�un►wer when the inw�wikr ca��eragc I:y��1�,r��:t.ced tu _
<br /> h.In cflcc�. l.r�xkr will�ti+��1, u�.c��xl r�taln�hc`c{wynxnt.u� a 1.�.� rckr�•c in I�cu uf n�►nlagc i��.w�uix�. L.uss rcsrrce
<br /> µ+}u�iu.nu:� rM�lan�:r D: reyu�rttl,et the c►��1in�i��f i cnder. iP��M►ngn�c ii�.wrr;�.c r.��cr;ytc li��thc;u�xwiu �x1 fur thr perial _
<br /> tkul lx�xk� r�x►uir��l �wo�•i�k�l h}•su�i�uur�r:y�p�r���J hy l.cnJcr u,��in t+rr�u»r..�ailul►1. mk! i;.�tai�zl.t3c�rn+u•er shsll paY �,
<br /> t�x{HrmiwuK r�r�uii'�t1 a�nulnt�in nxutc:►gc i�tiwr:�xc in cfl'�Yt,ur ta prm iJ��lu..�:x�:.,u�itil th�r�yuirrment for mortra�e �
<br /> i�u�urun.�c cixl:in:k•y+nGuxr with y�y written�6rcYn�r�u t+ctw•�n k3��rraw•cr u�wl l.cikter ur x{�li�ahl�lau. �-
<br /> 9. iw�estM�u. tA�xirr u��its xgciu nu� mal:c re:w,�ut+lti c�uri«u�x,n wxl in�peciiunc uf�hc Praperty. L.etrie�st�all�ive �;
<br /> k3.wr��wcr�Wirc at thr tin���f.0 pri��r ta.u�uLyk��iun spaifyinl rwxuut.lc r:w�c fur the in�pectli�n. �'.
<br /> i0. ('t+ademnrtwu, 1'ik (w��c�J: ui��hy aw�araf ar cl:am t�u �i.uie:ge., direct ur rrn�tyuential, in �Y►nr_ectiun w•ith uny �
<br /> ecxidtrnn�i��n�K athrr wli�ig��t'wtiy �t uf th:P�u�en�.��r fnr ea�ir�ey:uuti in Ucu oi c.v�nJe�nn�tion. are herc.^by as�i��l:uxl i
<br /> stWl tk M1J tu 1..:►Jcr. =
<br /> In the e��ciu uf u total taking ul'il�e F'n�peny. Ihe pnxreds�hall t�e a�liu�I tu ttu�u�».c sccunvt by thic Saurity Iacicument. _
<br /> u�•hcth:r ur�wi d►���due.�it�i cisty c�r..ti paid tE� B;un:u•ec. ln the esent oF a pani�l laking��i'the Pn�e�iy in which the fair i
<br /> market valuc uf'Ihc Pr��pctty inuncJiutcly bcf.�rc ttu tai:ing is cyual ta u�grcaur th�n the a�ixwnt uf thc sums stcuntii by this _
<br /> Security insirunx,it inm�liuttly hef��ra Ihe t�l:ing.unlcs.c fi�irmw•er snd Lender�Khcrwicr agrcr in writing,the wms socured by �,
<br /> thic Securiw Inctrun�eiu shall t�e rMluee�t by tlx anxwnt of the procbocfs multipliat by the following fr��tian: (a)the tot�l �
<br /> an�unl of tF►a�u��u k�.ured imnxYliutel} befurc the tal:ing, dividrd by (b)tt►e fair nurket�•alue of the Pa�eny inm�ediately —
<br /> bef�a:the taking. Any balatxe shall he paid tu &xrow�er. In the evcttt oF a partial uking of the Propeny in which the fair
<br /> muket value of the Propeny imnxctiately befom the taking is Iess than tho amcwnt of tt�sunu secured immediutelv bet'ote the �
<br /> taking.unlc.s�&►rmw•er uui l.cTxler ahe�u•ise agr�.•e in wri�ing or unlesc applic�ble law otfienvise provides, tho prooe�xls shtill
<br /> be up�+liod to the sums secured by this Socurity Instrunx�t whcther ar nat the sums sue then duc.
<br /> iF the Pmpetty is aba���ned by&�rrow�er,or if. �fa:r natice by Lender to Borrower thut the c�ndenuu��offers to muke an
<br /> award or settle a claim For dam:►fies, f3�rroa�er fails to rcspoty� to Lcnder within 30 days after the date thc ixuico is given,
<br /> I,ender is autlwrized to mllect and apply the proceeds.at its uptian, either to restoratiou or repair of tha Pruperty or ro tho su►ns --
<br /> secui+ed by this Se�urity Instrument,whether or na1 th�:n due.
<br /> Unkss lxnder and Bortowe� Whcrwise agree in writing, any upplication of ptaroeds to principal shall not extend or
<br /> postpone the due date of tht monthly payments rcfcrred ta in�aragr�phs 1 atd 2 or change the antount of wch payments. —
<br /> 11.Borrower Not Reks►sed;Fo�DcACSnce B9 l.endcr Not s�W�ver.Extensian of the time for payment or modification
<br /> of�nc�ni�tian of the sums secured l�y this Sacurity Instrument granted by I.ender to any suceessor in interest of Borrower sl�all
<br /> not operate to releace tho leubility of the origin�l Borrower or Bomower's successors in interest. Lender shall not be rcquirod to
<br /> commence proceodings against any successor m interest or refuse to extend time for p�ymeru or otherwise modify am�rt�zation
<br /> of the sums secured by this Securiry Instrument by reason of any denund tnade by the original Borrower or Borrawer's
<br /> succr.ssars in iaterat. Any forbeainnoe by l.ecder in exercisins any n ht or remody shall not be a waiver of or preelude the
<br /> exercisc of any right or rcmady.
<br /> 12. S�ecessors aad Assl�as Bound;Jotnt aod Ser�tral Uabllity.Co-signers. The covenants u�d agttitments of this
<br /> Securiry Iastrument shall bind �nd benefit the successors and assigns of Lender and Borrower, subject to tl�e provisions of
<br /> pu�graph !7. Borrower's rnvenaou und �greemenu sh�1� be joint and several. Any Borrawer who co-signs th�s Sec�rity
<br /> Instrument but does�x�t ea�ecuu the Note:(a)is co-signing this Security Instwnent only to moRgage.grant ud oonvey th�t
<br /> Borrawer's interest in the Property umier tho tcr�s�s of this Security lnswment:lb)is not personally obligated to pay tlx sums
<br /> sa�red by thie Sxurity Instromrnt:and (c)agrces that Lender uid any other Borrower may agra to extend,modify,forbear or
<br /> in�lce any acconunodatioos with regatd t�r tl�e termc of this Socurity Insirume�►t or the Note w�thout thu Bortower s consent.
<br /> 13,I,oan Chat�e�,If the loan saured by thls Secwity Insuuma�t is subject to s�lyw which sets maximum loan chargta.
<br /> 3ud tlu�t law is 6nally intaprc�ed so tl�at the intcrect or other lo�n ch�rges collocted or to be oollectal in oormaxion with the
<br /> loan zxcea!the permittod limiu.then:(a)any such toun charge shall be roduoed by the anwunt noassary to r+e�x'e the charge
<br /> to the pe�mitted limit;aad (b)any sums aln�ady colledod from Borrower which excadod permitced limits will be nfunded to
<br /> Borrower. Lender mry choose to make this refiu�d by reducing the principal owed under the Note or by m�ldag a diraY
<br /> .,_�....._ n.a...l el� .w��rri� �a,itl M tmMeYl ac a nattial at�t�Vme�t witllout �t1Y_
<br /> -Y+�7j�,cai tv ,,.,...,...,.. {f : r...� s�ct� �r,._.. -. -
<br /> P�Ymeni ct�rge under the Note. . .-
<br /> 14.Notices.Any notice to Borrower provided for in this Security Irutniment shall be given by dtlivering it or by mailiag
<br /> it by first class mail unlcss applicable law requires use of�nother method.77�e tatia shall be directed to tLe Propetty Addras
<br /> o�any other �ddress $omower designates by notice to Lerukr. Any notice to Lender sl�ll be given by first class mai! ta
<br /> Lender's address srsted herein or any other address Leaider designates by notia to Borrower. My notice providod for in this
<br /> Socurity Inst�nt shall be damod to h�ve becn given to Borrower or Lendr.r when given as providod in this pyagraph.
<br /> 15.Govwing Iaw; Seva�bility. 'fhis Security Instiument st�all be govemed by faderal law and the Istw of ihe
<br /> jurisdiction in which the Proputy is located• In the event that any provision or clause of this Security Inctrumenc or the Note
<br /> oonflicts with applicable law,such oonflia shap not affect odx.r provisions of this Sewrity inctrument or the Nate wwch can 6e
<br /> given effect without the oodlicting provision.To this end the pmvisioas of this 5ecurity Instrument aad the Note are deciated
<br /> to be severylle.
<br /> 16.Bvrapwer's Copy.Borrower slsall be given one confortnod copy of the Note u►d of this Socurity IncUiunent.
<br /> 17.Tsaatter of'tbe Propa1Y a'a Beneticial intemt ia SotreKer.If all or�ny part of the Pro�erty or any interest in it
<br /> is sold or traiuferred(or if a beneficial inurest in Borrower is sold or[ransferred and Borrower is not a natural person)without
<br /> 3.ender's prior written oonsent, I.encles may.at iu option. require immadiate paym�nt in full of all sums secured by this
<br /> 5enuity Ia,strlment.Howevu.this opaa c�shall not be ezercised by L,etuier if exerc�se is pmhibited by fakr�l law zs of the date
<br /> of this Sec►ar�rj lnctrumet�t.
<br /> If l.ender exercises this option,Lender sl�ll give Borrower notice of xcekr�tion.Tf�e notice sUa11 provide a period of not
<br /> kss thaa 30 days kom the date the notice is delivered or mtiled within which Borrower must pay all sum�secured by tltis
<br /> • Scxvrity Inswmeai. 1f Borrower fails to pay these sums prior to the expitation of this period, Lender may invo�e zny remedies
<br /> p►xmittad by this Securiry Inswment without fiirther notice or dtmand on Borrower.
<br /> 18. Borrower's Rig:w fo Rein�:.�fe. If Borrower meets ce�tain condidons. Borrower �IL:(1 have ts� r"oht to ha�•e
<br /> � enforament of•thls Security Irutrument discontinned at any dmc prior to the eulier of: (a) 5 cfx}�s (or such other perio��s.
<br /> . applicab{e L�,w a�y spocify for +y`��«�rQT"*+t)bCfoit sale of the Propetty putsuant to �ny povrer of sale cot►tainod in this
<br /> Secunty instrument;or(b)entry of n juctga�ent enforcing this Savrity Inswment.Those oonditians u�e that Borrowu: (a)p�ys
<br /> Lender all sums which thea would 6e due under this Security Inurument�nd the Nae ac if no aocekration h�d oavrred: (b)
<br /> cures an�default of any othr.r covenants or agreemer.ts;(c) pays all expenses inc�ur,�d in enforcing this Security laswment, _
<br /> inclu�ing,�rst n�i!'srnQteQ to.re�nab?e anameys'feec;and(d)tak�c such xtion as Leauier may re�.sa�bly raquue to asswe =
<br /> ' that the lie»of thls SecvRty Inswment,. Lender's rights in the Property and Borrowet's obligaoAn to pay the wms sxured by
<br /> • this Seeutity Ictutumeni shall continue unchanged. Upon reinstatement by Borrower. this 5ecutiry instrument and the
<br /> obligations s�ecured hereby s}nll remain fully effective as if no acceler�sion had accutted. However.this aght to reiact�te stull
<br /> not apply in the case of acc;cleration under paragraph 17. ^
<br /> 19. Sple ot Note; Ct�nge of I.oan Servicer. The Note or a partia{ interest in the Note (together with this Securiry
<br /> Inctrument)may be sold one or more times without prior notice to Hotrowu. A sale may result in a change in the entity(known
<br /> ac the'Lo�n Serviar')that collects monthly payments due under the Nou u�d this Security Inswment.There also may be one
<br /> or more changes of the Loan Servicer unrelated to�sale of the N.xe.lf there is a ch�nge of the Loan Servieer. Borrower will be
<br /> given written notice of the chu�ge in aocordarke with paragraph 14 above and�pplieable law.The ratice will state the narne and
<br /> address of the new [.oan Servicer and the address to which pzymerus shouW be m•rde. The notice will �lso contain any other
<br /> inforn�ation requirod by appliqble law.
<br /> 2p, flazardous Substaaces. Borrower shall not cause or perntit the presence,use,disposaf, siorage, or release of�ny _
<br /> Hazardous Substances on or in the Property. Borrower shall not do, nor a11ow anyone else to do, �nything affecting the
<br /> Propeny that is in vio�tion of any Enviroamentll Law.The preceding two sentences shall not apply to the prescnce,use,or
<br /> starage on the Property of sm�ll quantities of Haz•rrdous Substances that are generally recognized to be appropriate to nomrrl
<br /> resiciCdti�! uscs wd W m�inien�nce of the Property. _
<br /> v.a a�e• • Fwm 3028 91�0
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