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<br /> ' �ub�ta�uitdly cyui��•rlcnt nu�rigagc in�ui�,►nrc rcn•era c.is ru�t uvailahic. Ei�,rruu�c�•�hall pa}•tu l.c�xkr�i nwnth a wm cqu�l tu —
<br /> uik•twrl(th ol'thr ycarly nattgagc insurancc pr�mium t►cii i g p a i d b y &,n•u W C r K•h c n t h c i m u r a n c c c�n�cra gc la p�cd iv rr:��cd tu _
<br /> t+::in efftct. l.ensier wil! accepl, U�f AI11I�ClAlil[f1CU E7:1\'111C111�il.� a lu�.. r�+cne in licu of nx�rtgage inwr�nce. L+��ti reserti•c
<br /> �+ayntient�m;►}'na longer he reyuir��ci. at thc optiun ut'lwiklcr. if nwrtgagc iatiura�uc�u��cra�;e iin the nmount atxi fur ihe periixl -
<br /> ttut l.�ixicr r�uir�sl prwidcd by;u�in�urc��ro��xl hy l.c�ul.r abain bc�uiY.cti a�•aila�lc and ix ohtaii�rcl. &�rr�,w•�r�hal! �}� �
<br /> IhG��CCf1liUll:s rcquircd t��n�aintuin nwriga�;o ii�..w,�w�iR CiiC.:..C::::t�C.t1'::�:•„1•�••r��•-lvr,i���(11 tf1�'1'.qair�incnt Cur numF:�;;c -
<br /> i�uur:uice cixl�in accur�nee with;uiy w•ritten ugrecment betwcen 8orrou•cr aiui Leixfer or applicable lau�. -
<br /> 9. I��s�c�ctiuu. Lc�xier or it.ugcnt ru�•n�{.c re�,cc�nablc entricr uFx�n a�u1 ins{xtitiun�c�f thc Propcny. L.r.nJc�atull bi��e o
<br /> &�rruwer�u�ti�e at tho tin�c oi��r priur t�i an in�peetian specifying rcaumaht^rause fur the ia�pectiim. _
<br /> 10. Q;auieuu�nalluu. The prnceeds uf any award n�claim fur�iamaces, direct ur cun�eyuential, in amn�titiun a'ith •rn; _
<br /> condcmnation or u�hcr tai,iay uf iu�y p;u�t c►F ttw:Property,or far convey��nre in licu oP�ti�txlenuiWi.ui, ir�hcrcby assigaal:uul =
<br /> stwll t+e p�id to l.endcr. -
<br /> 1n thr eceot aF a tatal taking of the Praperty.thc pmceeai.chaU t�applied to the wn�.c�ured by thi�Se,�urity Intitrun�ent, _
<br /> w•hethcr��r nut then duc, with any exccss paid tt�&�rraWcr. In the cvcm af a paitial taking of thc Property in which U�c I'air _
<br /> ntarkel value af thc I'ropctty inuitiediatzly befi�re the taking is equal to o�greater th:u� the amuunt uf thc sums sccured by this
<br /> Securi�y In�ctrument inmtiediately befam the tal•ing,unlesv Borrow•er and Lender atherwi�e agrcx in writing, the�unu securai by
<br /> this Security In�trununt �hall be reduced b�• the anwunt af the proceeds multipliai by thc; following f�action: (a1 the total
<br /> amount af Ihe sunu sccu�ed inuiu�diatcly before thc �;iking, divided by (b)thc fair market value af the Property immediately
<br /> tx.fore thc taking. Any bala��c: �hail be paid to Borrawer. In th� event of a partial taking of the Property in which the fair
<br /> market valuc of the Property immeJiatcly before thc taking is less than the an�unt of the sums securcd immediately hefore thc
<br /> taking, unle�s Bonowcr and Lender cuherwise ugree in writing ur unless applicabte law otherwise provides,the proc�ls shall
<br /> be:►pplied to�he sums secured by this Security Insaument whether or not the cums am then due.
<br /> If the Propeny is abandoned hy Borrowcr,or if, •rRer notice by Lender to&�nower that thc condemtx�r offers to nnke an �
<br /> award ar sctdc a claim for damages, Iiorrow•er fails to respond to Lender within 30 days aftcr the dute the notice is given,
<br /> I.ender is authorized to collect and apply the proceeds,at its aptio�,either to restoration or repair of the Propeny ur tu t1'►z�ums
<br /> secured by this Security Instrument,whethcr o�not then due.
<br /> Unless Lender and Bonower otherwise agree in writing, any upplication of procceds to principa! shall not extend or
<br /> postpone the due date of the monthly paymentc mf:rred to inpara graphs 1 anci 2 or change the anxwnt of weh payments.
<br /> 11.Borrower rot Released:Forbearance By I.ender Not a Waiver.E�cension vf u'�time fiu�,at•ment or modification
<br /> of amortiration of the sums secured by this Security instrutnent granted by Len3er to am succ.�essor in int�re�t of Borrower shall
<br /> not operate to release the liability of the original8orrower or Bonuwer's successors in inte:est. L.ender shall not be require�i to
<br /> commence pmceedings against any suecessor in interest or refuse to extend time for paym�.nt or otherwise modify antio+'cization
<br /> of the s�ms secured by this Security insuument by reason of any demand made by the original Barrower or t3�vauwer's
<br /> successors in interest. Any forbearance by Lender in exercising any nght or remedy sh�ll not be a xai�er of or prcxlude the
<br /> exercise of any right or remedy.
<br /> 12. Successo�s and Assigns Bound; Joiot and Severs►1 Lisibility; Co-signets. The covenants and agrecments of this
<br /> Security Instrument shall bind and benefit the successors and assigns of Lender and Banower, suhject to the provisions of
<br /> paragraph 17. Borrower's covenants and agreements shall be joint and se�'eral. Any Borr�wer who casignc this Security
<br /> Instrument but dces not execute the Note: (a� is casigning this Security Instrument only ta mortgage, grant and convey that
<br /> Borrower's interest in the Property under the terms of this Security Instrument• (b)is not�rsonally obligated to pay the sums
<br /> seeured by this Security lnstrument;and(c)agrees that Lencier and any other Borrower may agree to extend,mndify,fortiear or
<br /> make any accommodations with regard to the temu of this Security Instrume:u or the Note without that&.�zrower's consent.
<br /> 13. Loan Clwrges.If the loan secured by this Security Instrument is subjec:to a law which sets muimum loan charges,
<br /> and tt�t law is finally intcrpreted so that the interest or other toan charges collecte� or to be collected in connectian with the
<br /> loan exceed the permitted limits. then: (a)any such loan charge shall be reduced by the anwant necessan to reduce t�e charge
<br /> to the permitted limit; and (b)any surtu already collected from Borrower which exceeded petmittecl limits will be refundcd to
<br /> . ' �;;�.;;�t, i a �j ��.,�• rn .n�kr thic nfund bv redueina the principal owcx) under the 1Vote or by m�lcing � direCt
<br /> ' payment to Borrou•ar. If a rcfund redures principal, the reduction will be treated as a partial prq�aymeat witfwut any
<br /> prepayment charge under the Note.
<br /> 14.Notices.Any notice to Borrower provided for in this Security Instmmeni shall be given by delivering it or by mailing
<br /> it by first class maii unlsss applicable law•requires use of another method.The notice shall be directod to the Property Address
<br /> or any other addresa Bocrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to
<br /> Lender's address sqtzd herein or any ather address Lender designates by nocice to Borrower. Any natice provided for in this
<br /> Security Instrument sha11 be deemed to have been given to Borrower or Lerrd.^:whcn given a.s provide�f i.^.chis paragraph.
<br /> 15.Goveming Iaw; Severstbility. This Security Instrument shall be govemed by federa] [au' and the law of the
<br /> jurisdk�ion in which the Property is located. In the event that any provision or clause of this Securiq• Instrument or the Note
<br /> oonfli..-°ts with applieable law.such conflict shall not affect oiher provisions of this Securiry lnstrument or the Note which can be
<br /> given effect widwut the coafllciing provision. To this end the provisions of this Securiry Instrument�i the Note are declarcd .
<br /> co be severablc.
<br /> 16.Borrower's Copy.Borrower shaU be gicen une confom�ed cogy of the Note and of this Sec�ritv inctrument.
<br /> 17.Tra�te�ot tise Property or a Benet'�cial Interest in Borrower.If all or any part of the Property or any interest in it
<br /> is sotd or transfemed(or if a beneficial interest in Borrower is sold or transferred and Borrower is noi a natural person)without
<br /> Ler�der's prior written consent. l.ender may. at iu option, require imn�ediate payment in ful) of all sums secured by this
<br /> Security Instrument.However.this option sl�all not be exercisad by Lendzs if exercise is prohibitod 6y federal law as of the date
<br /> of this Securiry I�utrument.
<br /> If Lender exercises this option.Lender shall give Borrower notice af acceleration.The notice s1�E1 provide a period of not
<br /> , �ess than 30 days from the date the notyce is deliveral or mailed within which Borrower must pay a11 sutr� secured by this
<br /> Secur+ty Instrutnent. If Borrower fails to pay these sums prior to the expiration of this period.Lender may invoke any reniedies
<br /> ' petmitfad by this Sccuriry Instrument without further notice or demar►d on Borrower.
<br /> , 18. BoeroKer's IItight to Reiastate. If Borrower meets certain conditions, Borrower sha{I have the right to have
<br /> .. enforcemcnt of this Secwiry Instrument discontinuod at any time prior to the earlier of: (a)5 days (or such cuher period as
<br /> applieable law may specify for reinctatemeni) before sale of the Propert}� purwant to any power of s�le contained in this
<br /> Security Instrument;or(b)entry of a judgment enforcing this Security Instrument.Those conditions are that Sonower:(a)pays
<br /> Lender all sutn5 which then would be due under this Securiry Instrument and the Note as if no acceieration had occurred; (b)
<br /> _ cure�any ctefault of any other covenants or agreeattents; (c)pays all expenses incuned in enforcing this Secarity Inuromcnt,
<br /> ineluding, but not limiced to,reasonable attorneys' fees:and(d)takes such action as Lender may reasonably requue to�ssure
<br /> that the lien of this Securiry lnururnent. Letider's rights in the Proputy and Buitiower's obligation to pa�the snms secured by
<br /> this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the
<br /> obiigations secu:cxi i�ercby siiaii ren�ais Fally effec:iti�e 3s if no acceleratiun had occurred. However,this right to reinst�te���
<br /> not apply in the case of acceleration under pzragraph 17.
<br /> 19. Sale ot Note; Cdan�e ot Loan Servicer. Thc Note ar a partial interest in the Notc (together with this Security
<br /> instrument)may be sold one or more times without prior notice to Bomower. A sale tnay result in a change in the entity(known
<br /> as che"L.oan Servicer")that collocts monthly payments due undcr the Note and this Sec:utity instrument. There also rrny be one
<br /> or more changes of d�e L.aan Servicer unrelatod to a cale of the Note.If there is a change of the Loan Servicer. Borrower will be
<br /> given written notice of the change in acc�rdance wilh paragraph i4 above•rrid applicable!sw.The notice will state the name and
<br />= address of Rhe new Loan Servicer and thc address to which paymems should be made.The notice wi�� +lso contain �ny other
<br />- infomrrtion reyuired by applicable law.
<br /> 2p, f�tardous Subetauces. Borrower shall not caase ot permit the prescnce. use, disposal, uorage, or rcle:uc of any
<br /> Ha�rdcws Substances on or in the Property. Borrower shall not do, nor allow anyone elce to do, anything affecting the
<br /> Property that is in violalion of:u�y Environr►�ental Law. The prececling tu•o sentences shall not apply to the presence, use. or
<br /> storaFe on the Property of small qu�ntities of Hat.udous Subswnces th•rt are generslly recognizecl to be appropriate to ruirmal
<br />" raidenti:il uses�xl w m;ucuendnce of the Property.
<br /> no.a a� Fum 3028 4190
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