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<br /> `���:'�;�'�,��r" ..r...w....iw��~ M�1�7l�frp�'4�?!!.'�!!�i??'!n� _ .... . a�t.._._ . =Y: .. .... - ° - • �
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<br />` .. sunstantrdly cc�uiv,ileilt m�ttt�!:ipc In+u�uncC CovCl'a(:i i, nn� availahlc. Hnrrrnsrr tihall p:i� tu I.rn•.Irr r,iih munih ,i .uoi ci�u;d tu �'
<br /> >'.,,;;,..,,.,.; cme-Itvclflh uf thc ycarly m��nragc imurancc prcmiiutt hrine p;uil hy Horn�n�r uhrn thc ni,ucu��r�„�ri.q�r I,ip,r�l rn cc,i,rJ lu
<br /> ��%?';':;_f,;��: hc inelfe�t. L.enderwilla�cept. uti�cu�J ntainUuse payinrnl+:i, ah�ti. rr,cr�•r in liru ��� muit���ipr in,ui,in�c I��„ i,��ri�
<br /> :•;.:.• �.� �,
<br /> ``''�,,,':;:j,;;; payments may no longcr bc rcyuired,at tho��pti�m��f Lcndcr, il m�rrt �i�r in•ur:inrr ru�rr:i�����in ihc wm�uni �w�l I��i ihr�t�,�iu�� -
<br /> �.4•;Vit'��;s; thsit [a:ndcr requirc,) pruvidcd by .in in�urcr appru���d hy l.cndrr aFtuin hcr�,mr, a��ul�ihl�anJ i,uhlauuil Hun�,��ri ,h��ll p.�y� -
<br /> '`�,y�'�� tlte premiums reyuirul tu maintuin morlgiige in,uranrc in cll'ctt, ur tu �lI1�VIlIC U IUtiS n��rvr,until Ihe ir�pniriucn� I��� nu�itNut!e
<br /> ..st•::.Ck. intiurancc cndti in arcordancc with uny writtco,iZ!re�nunt bct�cccn liurru�vrr;uid Lcndrr�n• ,ippli:�d,lr I;i�� � �_
<br /> ,. ,x°,�.:, 9. Inspection. Il.cndcr ur its agcnt may m;►kc rcatiauuhlc entric�upun �ind in,prcNi►u,��I Ihc I'rn�,ei�> I rn�lrr,Irill ��I��c _
<br /> . ....,.�h„
<br /> ';�s�+.;;;:;: Rc�rrowcr nuticc at thc iimc af or prior�u an i���pertiun rperil'yiu�n•utiunnhlr ruu,r I��r Ih�• imprrU��n.
<br /> „t,;,., `�',
<br /> ii���:�}��+f� 10. Con�emnt�tion. Thc prcicccds ul .uiy a�eard ur rluim lui alwui��!c,, �liir�.l ni �uu,ri�u�:tt�:�l. m ii�iuirrnnn ��uh in�
<br /> �•.
<br /> ,.;..,,,�,�,,, conJemnation or othcr taking uf any part of thc Pmperty.��r fi�r cnnvcyimrc in liru ul rundcmnnuuo, m��• h���.•h} u�tiipn.�l mul �
<br />' - –:=�.;;;A��i shall bc puiu lu i.citdc�.
<br /> , .��.,y�'i•i,,��' In thc evcnt of a tntul tuking of thc Pruperty.�n�pr��«�a�.n,�u n�;ippliril tu thr•um,�crurcd 1,� Ihi,ti�•curu� hi,uuinrni, �
<br /> , ;�,::��;�� whcthcr or not thcn due, with any cxreti+ paid tu Hcm•uwer. In thc eti•cnt al a p:u�lial lul.h�g ul Ihr Ih��piit) ui ��hlrh Ihr I;ur
<br />, :�,,��„srt�;.;;,h:•�f.�; market vulue of thc Nroperty immedi;�trly heturc Ihe takin� i, equal tu i,r Ereater Ihan Ifir mn��uid ul Ihe .utn, .rrurrd h� Ihi, ��
<br /> ru: r^ ,r.,.c Security Instrwnent immediatcly heCu�ti the taking.«nle,+tiorcuwcr and l.cndrr uthrr��i,� aFri� in�+ritin�t, U;r.uro�,crinr�l hy F
<br /> . `".s,�':'1` thi, Scrurity Instrument shaU hc redurcd hy thr .unuunt uf thc pru�cc�ly �„��iupu«� ny �i,� t�,llu�s�nc Irurliuu• UU Ihr lut�d F.�
<br /> .�;"•�'\I amount of the sums �ecureJ immcdiatcly hrti�re thc taking. dividcd Ny lhl Ihc tair mnrkcl �ulur ul ihc I'rup�ii� immr�lwtrly _._
<br /> . „�:_<,. -�
<br /> �+. ;i� bcforc thc taking. Any balancc shall bc paid tu Nurruwcr. In thc cv�nt uf'u parti�d tnking �,t Ihr Ni�ryti��rt� in v;hi.•h ilie I;ur _
<br /> ;�l"�, marke[value of the Propecty inunedia[ely hefur�lhe takin�! i� Ir���hun Ihc anu�unt ul Ih� ,mn, ,rcurcd imnrc�liiuely hrt��rr�he _
<br /> •�'? taking, unles�Borrower and l.cndcr othcrni.c agr�c in wntmg ar unlcs,applirahlc Irnv ulhirti�i,c pru�•idr,. Ihr �,►urcr�M �hull _._
<br /> • � � • bi:applicd to thc sums securcd by thi,Sccurit�• In,trumcnt whcthcr nr not thc�um,an ihcn dur. _
<br /> :. , :�- .
<br /> If thc Pmperty is abanJaned hp Burruwrr. ur if',uftcr nutirc I�y l.rndrr tu l�urru«•cr thal Ihr t�,mlcmm,r utl'rr,t��muAe ,m
<br /> `.. �'.��) awurd or crtdc u rlaim ti�r dama���+. Burruwcr f:�;i.<<, ��,r,��,a ��� l.cnctcr ��•ithin �Il dF�y�altrr Ihr �Iatr thr nuiirr i. �:i�•.�u,
<br />",'; , �'r��. I.ender is uuthorizrd to collect and apply the pruceeJ,.ut it�+optiun, cither tu rc.uu.uion��r rcpair„� the Ni�ry��rt) ur tn t�m,tmn
<br /> ,.,
<br /> rj securcd by this Security Instrument,whcther ur nut then du�.
<br /> � Unlcss Lender und Borrower othenvisc agrec in writing, any cippliratiun ��I' pmrrcd+ lu prinripal tihall iiut extcnd ur
<br /> :. -�. pnstpone the due dute of the monthly paymcnt,referreJ tu in pura�raphs I and 3 ur rhungc th�unwwu ut +urh p�iyn�ent�,. -
<br /> • �• l l.Borrawe�Noc Released: Forbearnnce Ily I.ender Not n Wnlver. Extcnyiun uf dre timc tiir p��5ntcnt�'r m��dili�utiun
<br />- uf xmortir�tion of the sums secured by thi+Seruriry Instrument grantcd hy l.cnd�r ta:my ,urrcti.�,r in inlrrrtii u(li„rru�vcr,h.dl
<br />,.�q;:.'.�;��;',� not operute to rele�se th�� liabiliry uf thc uriginal Borruwcr ur Borruwcr'„uccc�,ur.in intcrctit. IAmlrr,hull not hr requirc�l tu
<br />='��: '' commence roceedin ,a��inst an �uccessor in interest or rct'use to extcnd limc ti�r payi�irnt ar uthcr��i,c nwdit'y anwrti�ution
<br /> !`.';�:�r':;,�` " P S�'b' y :
<br /> _ �• of thc sums Sccured by this Sccuriry lnstrument by rcation of uny Jcmand mude hy tl�c oriNinul Hurm��•cr ur Qurruwcr,
<br /> W�'r==�= succes;ors in interest. Any forbeurance by Lender in cxcrcising:my right ur remcdy yh.dl nut hc i� wiiivcr uf ur prerludc tlie
<br /> -�c,a^"'r' -
<br /> -.„.'�i�+�:�. exercise of uny right or remedy.
<br /> -�`;�`�?;' �'• 12. Succ�:sors and Assigns Round; Joint und Severul I.lubillty; Co•sf�;nery. Thc ruvcnants nnd ugrccr.untti af thiy
<br /> i i.+A.�I'c:�_.'.
<br /> e"::;i5. _��� Secerity It]�t�umrnt chall hind and benetit thc tiucccssor+ und ussigns ol' I,cndcr unJ Burruwcr. suhjcrt tii thc pruvi�i�m. ul
<br /> `_^-#.� .:.' �.. �_... �..
<br /> - •• o;,;,, ,.� paragraph 17. Borrower's covenants and agreements shull be joint and scver:+l. nny Isorrawrr «�iw cu-,i��i, t�n� ��.•�nv
<br /> '��..=:�3•,a�,.{ . Instrument but does not execute the Note: (a) is co-signing thi+Securiry In+trument only to nu�rtgnge, grimt anJ cunvcy tliat
<br /> '-�"�'' ' "' Bon•owcr's in[crest in the Property undcr the terms uf this 5cruriry Instrument: lh) is nut per�onully uhligutcd tu pay thc+ums
<br /> ��-`�'!��" sccurcd by this Securiry Instrument:und(c)agrees thut l.�:nder and uny��ther Hormwer nr.iy ngrce to cxtcnd. m�Klily�, forbeur��r
<br /> =k���, make any accommociations with regard ro the terms of this Security Instrument ur the Nute withaut thut[�nrrower',run+cnt.
<br /> �---=�'r�'�`�� - 13. l.oati ChargGS. If thc luan securcd by this Sccurity Instrurncnt ix subjcrt ti�u linv which �cts maximum lo;tn chargcs,
<br /> �-yy�;��;�,j �uid that law is finally interpreted so that the interes[or uther loan �harges collecte�l or tn he c��IlecteJ in cunnertinn wilh the
<br /> __-��,l� loan excecd the permittacl limrts, then: (a)any such loan charge shuU be reJuced by the umuunt nccessary tu reduce thr rharge _
<br /> ____'�";� to che�ern»tted linir and(b�any sums alrcady collected frum Borrowcr whicl� cxcecdcd permittcd limits�vill bc rcWnded to
<br /> ,,,�__�,��is Borrower. I.endar may choose to make this refund by reducing the principal uwed under tlu Nute or by making u direct
<br /> •---�-�— puyment ta Borrowcr. If s refund reduces principal, thc rcductiun will bc u•�utcd as a puniul prcpuyunnc withaut any
<br /> _:�-"— prepayment charge under the Note.
<br /> ---- 14.Natices.Any notice to Borrowcr provided for in this Sccurity Instrumcnt�liall bc given by dclivcrin�it or by mailing
<br /> ,R,_,� it by ftrst class mail unless applicable law requires use of unother mcthud. The n�nicc shall br dirccted w the Propeny Address
<br /> or any othcr address Borrower designatcs by notice w L..ender. Any nuticc to [.cndcr sl�ull bc given by first cluss mail tn
<br /> - Lender's address stated herein or any other address Lender designutes by notice ro Borro�ver. Any notice providcd for in �his
<br /> --- Security Instrument shall be decmed to have bcen given to Borrowcr c�r Lender when givcn us providcd in this parugrnph• -
<br /> 15.Governing I.aw; Severubility. This Securiry Instrumcnt tihull bc govcrned by fedcral law i►nd thc luw uf thc
<br /> —.� jurisdiction in which the Property is located. In the event thut uny provisian or clause uf thi� Secarity Intitru►nent or thc Note
<br /> -- -- -- -�- conflicts with applicable Inw, such conflict shall not affect c�ther provisions of thir Security[nstrument or tl►e Nute which can be
<br /> given efFcct without the conflicting provision. To this end the pruvi�.ions of this Security Instrumcnt iuiJ the Nutc urc dcrlcircd
<br /> to bc severable.
<br /> 1G.Bort'ower's Copy.Borrower shall bc givcn onc confonncd copy uf thc Notc nnd o(this Sccurity In�trumcnt.
<br /> -=�----= 17.7'ransfer of the Property or a[ieneticial Interest in Borro�ver. If cill or any pan uf thc Pr��peny or uny interctit in it
<br /> - is sold or transferred(or if a bcneticial in[erest in Borrower is sold or transferred imd Bi�nY�wcr is n��t a nutural persun)withuut
<br /> _--- - I.ender's prior written consenc, L.endcr may, at its aption, requirc immediatc paym�nt in full uf ull ,uni+ sccurcci by this
<br /> �� Security Instrument. However,this option shall not be exercised by l.cndcr if cxercisc�s proliibited by fcdrrul luw us nf thc d;uc
<br /> ._:,-_,�,t,� of this Sccurity Inxtrument,
<br /> � _-°;�=---:�� If Lender exercises this option, C.ender shull give Borrower notice oF aceelerution. The nc�tice sltull provide n periud i�f nut
<br /> -- "�'� less than 3U days fr��m the date thc notice is delivered or mailed within which Burrawcr nws� pay adl sum� securcd by this
<br /> --''^'.ti�s:�A.
<br /> _ ��:,?y;; . Sccurity Instrument. 1(Borcower fails to pay thcse sums prior to the cxpiration of tliis perioJ. Lcndcr may incukc any rcmedics
<br /> ��.' ' `" permittcd by this Security Instrument without further notice or dcmand on Bonowcr.
<br /> -":-�,�:�.�: ' 18. Borrower's Rl�ht to Refnstate. If Borrower meets certain conditions. Borrower shull have thc right tu huve
<br /> -=C�_',�4_:�,s„_; cnforcement of this Secunty lnstrument discontinucd at any time prior to the earlier c�f: (a) 5 d,�ys (��r such ottur period as •�
<br /> =-;"",r:;:.'.�.� :�pplicuble law muy specify for reinstatemenU before sule c�f the Property purw.uu tu �my puwcr ��I' +nlr cun►uin�Yl in thi+
<br /> -' . '°� Securiry [nstrum�nt:or(b)entry c�t'u judgment enf'cttring this Securiry Instrument.Th��tic conditionti are thcu Burrowcr: (al pay+
<br /> °`;;}• . L.cndcr ull sums which then would be duc under this Sc�urity Instrumcnt und the Notc a�if'no.iccclrrntiun hud orcurrcJ; Ib)
<br /> - • cures uny default of any other covenunts or ugreements; (c) pays all expen�es inrurrcd in cnforring thi, Security Instrumcnt. _
<br /> t . , �
<br /> ,.�. _ . � including, but not limited to, rcasonablc attomcys' fcc�; und (d)takcs such nction a, LcnJcr may rra+u►�i►bly rcyuirc tu i�++ur�
<br /> . .�_ �: ..e.u:.. c.,....:.., t...•...�.,,a�,e I.•n�irr'e riohtc in thc Pmnenv and Borru�vcr�S Ob�I�;Atlttll lu p�+y thc wm�}crured hy _
<br /> ., ..�a��,� � ii�at wc nC:n v� a.���.,......y ..�............... --••--- - � � " -
<br /> ' this Securiry Instrument shull continue unchangccl. Up��n reinstatement by Borrower, thi� S��urity Insp•ument and tli�
<br /> �� ' � . �� obligations secureJ hereby shull remuin fully effective as if no accelerution h;�d accurrcd. However, thi+ ribht to reiiititale tihall _
<br /> not upply in thc rasc of ucccicratiun undcr parugraph 17.
<br /> 19. Sule of Note; Chs�nge of I.oun Servicer. The Nc�tc or a parti.il intcrest �n tlm Nrnc (tugcthcr with thi� Sccurity
<br /> liutrumcntl may bc sold onc or morc times withuut prior noticc to Borrowcr. A tialc muy rcwlt iu u chwiE�c in Uu cntiry (known _
<br /> ° ati thc "L.oxn Scrviccr") that rollects monthly pa��mcnts dur unJcr thc Notc und thiti Scruriry (n+trununt. 1'hcrc;dtiu muy hc unr
<br /> �- • ar nwrc rhungrs of thc Loan Scrvicer unreluted to a sulc of the Notc.lf therc ix a chan�e nf thc l.�utn Scrviccr, Barrawcr will bc
<br /> -. �ivcn writtcn nuticc nf thc change in accordancc with parugraph 14 ulwvc:ind upplicublc law. 'I'hc nuti�c will,tatc tlic natnc at►J
<br /> � ;iddreti+ vl�thc ncw Wan Servicer and the uddres, ro whirh payments tihuuld bc made. 1'hc nutica will al�u ront�iin wiy utlirr
<br /> • infurnr.Uiun rcyuired by applicablc law. _.
<br /> Z0. HnrA�rdous Substancey. Horrowcr shall not cause or permit the pm�cnce, usc. Ji•�pu�nl, +tora�;c. ur rrlru�r �►1 nny
<br /> ' Hn�,�rd��us 5ubstancc� on ur in thc Property. Bore��vcr shall not do. nor aUow anyonc cltic tu du. cmything +ilfcrtin�c �lic
<br /> ° I'ruperty that is in vialation of'any �nvironmcntal Lsw. TP�e preceding two sentcnccti shall nut a�ply t�+ 11�c 4�erx:nrr• u��•�►�
<br /> � �turugr im thc Pn�perty of small quantitics of Hn•rardous Substanres that are generally recugnii��f tu he a�ppruprinte t�� nurmul
<br /> . rc+idcntial u,rti und to maintrnan�c of thc Pruperty.
<br /> � - � . Pagc 3 of A FOrm 3028 '9100
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