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<br /> _�_-�� 97.�10��� �;==�--��=�'-� :., - _-_
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<br /> � .ub,tanualh ��{W�alcttt nu�rtLaLt in.ur3nre��,arra�.e�� nnt a�ailsM�. &�m,��rr.h.�ll �a� tn I.rnJer ca.-h m�mth a,um ryu:d ta , . ; . . , �
<br /> r ��nc'tarltth ut th��wrl� murtgagr ►n,ur:uicr�remmm bcing pa�d 5y H��rtuu�r�+hrn the in.uranrr u,tic•ragr lap•��l ur rra+:J to , .
<br /> � br m�ffrrt. lxnd�r«ili acrrpt.u,�:uid cetain these pavment.ati a�U�� fC�a:f�C Il] �IC❑ ts1 fiturll��� �n,uranre. I.u., �C�Cf�t -
<br /> • �payment,nw1 nu lungrr be RyuirCJ.at th,uptinn of lxnder, if mortgage tnwran�r c�ne�age �in th�:uiwunt and lur the periud � .
<br /> ' ' !hat Lcn�cr r�qwrcv prucid�J hy an in�urer approved by i,endrr again hecume>a�ailable snd„ohta�nrd &�rro«rr.hsll pay • `<, __
<br /> ihr prcm►urti.reyuir�tii tu mainzam mnngaFc irawrance in effrct. ur tu pro�idr:+la..re�enr. until the reyuurmem fur nturtgsge � , `�_
<br /> .' mwranrr rnd.m accnrdanrc«ith am ��nttrn agrrcment brt�►crn &�rrow�r anJ L�ndrr�,r�pphrablr laµ. • �.� : �
<br /> 9, laspectton. l.cndrr ur n� agcnt ma� mikr r�s,unablc entneti upon and in+p�titiun.t�t the Pruprrty. l.cndrr.hall give , . �<r-
<br />. Burt�n�rr nuUrr:tt the time uF�,r pri��r u,an in.pc�Ki,m,pecify.m�rca�unaMr rau.r ti,r thr m+pertion. . ' �" � .
<br /> 10. Condemn3lion. Thc prarr�til. of �n� �ward ur rlatm thr�nage.. di�rct ��r ��m+eyuenual. �n runnecuun �vith any •. � , _ � -
<br /> rond�mnation nr uther taking �U any pan uf thc Pmpert�, or f��r runvr�;u��r in liru uf�undcmnat�u�i. arc hercM atitiigned anJ _� .y,_z_.�Y`� ;��
<br /> � �hall he pa�d tu L�ndcr. , •' -
<br />� � � !n the r�cnt��f�tut:�i tahing nf[hr Prupen},thr pmretiJ++hall hr applieJ tu the+um+�ecured h� thi,Serunty Inarumrnt. , .. , ,
<br /> - whrthrr ur n�,t thrn dur, atth any cticrti.p:�td to Borro�ccr. in thr rcrnt�+t a partial sakmg ut thr Pruprrt} in +shich the fair ---- =t>.��,-._ :'.�. .-
<br /> market �alue u!thr Pmpert) imm�Yliatrh hefom the taking i>�yual t.�ur grcnter than thr amuunt ut the+um� ��tiured b}� thi. •
<br /> . � Secunt} In+trument tmmcdiatel}heturc thc t:tl.mg. unle�ti Burrower and L.ender uthen�itir arree in wnttnz,the wm.+e:cured by
<br /> • � thi+ Serurity In,trument �hall be r��ciu�ed hy the 3mount ��f thc pruceed� multiplic� b� the lolluwing fr.�rur.n: �a) the tut:il : _. .
<br /> - :unaunt of the wnn �crured immuliatrl} het��re the taking. Jiti ided b) ib) thr f�air m.irkec �alur uf the Prupeny immeduttely _ _, •�•• • _
<br /> befure the taking. An} balance+hall he paid tn &�rrower. In the�vent of:�parti�l t:il:ing ��f the Property in which the fair : • "`s
<br /> m:�rkct value uf thc Property immeJiateh heti�rc the taking i,ie�ti di:ui the amoum of thc Sums secureci immediately before the _,
<br /> , taking. unle,.Burruw�cr and Lend�r uchen3„e.�.ree in writing or unless applicable law utherwise provide�s, the proceeds st;ali ` � � -
<br /> be applied tv the sums�ecured by thi.Security Instrument whether or not the sums are then due. ``•, � "�`'=-�'�
<br /> . ff the Property is abandoneJ by Borrower,or if,after nutice b}' Lender io&�rrower that the condemnor offers tn m:il:e�� f��-�� , ' �'e"�° °`
<br /> award ur settle a claim for dsmage.. Borrower fdil,tu re�pond to Lender within 30 days after the date dic cx�tice i+ ait��r� y;`;*� 4"•';4�r. �1
<br /> Lender is authorized to coltert anJ apply the proc e e ds.at its option,ei t her to res tora tion ur rcpair r f t h e P m p e*t}�n r t o i h e s u m+ �'_, �1��=:�..���--� ;--
<br /> secured by this Security Instrument.whether ur not then due. �,'����"�'"--- l
<br /> Unless Lender and Borcawer utherwise agree in writing, any applirauon of proceedti to principal ch�l! not extend or '�`'
<br /> ' r'��` .;;:
<br />� . " potitpone the due date of the munthly payment�refcrmd ta in paragraphs 1 and 2 or change the amount��f,urn payments. .�.• ' _.aq�>=-----
<br /> '�`__
<br /> i l. Borrower Not Released; Forbearauce By Lender Not a w'aiver. Exten.iun of the time for payment or modifiqtion J ;��. • . ...,--
<br /> uf amonization of the sum;�ecured by this Security Instrument gr<<ed by Lender to any .ucretisor in interes[of Borrower shall r'`° "�
<br /> _ w� o Bo uer's succe+sors in interest. Lender shall no[be requirzd to �-.-�--��;�:�-�f �`°_=��"�
<br /> - � nut uperate to rclease the liability of the original Burro �r r rra :,
<br /> ' cummence proceedings against any �ucres+or in interest or refuse to extend ti:-�t far payment or otherwi�e modify amortiz<,i•�n .��" :`��
<br /> "'''' of the sum.r �ecured by this Secunn� Instrument by reason of any demand r�.ade by the original Borrower or Borro�•.:r's � ��� ' ;�
<br /> -'-- succes�or+in intere.�t. Any forbearance by L.ender in exerci�ing any right or remedy� shall not be a�vaiver of or preclud:�ie ��'"�"!��"'�_
<br /> exercise of any right or remedy. �..r�'��;_�,`��
<br /> ` 12. Succcssors and Assigns Bound; Jofnt and Several Liability; Co-signers. The rovenants and agreements of �;is -�--��..,�.,�., :: -
<br />� Security Ins[rumenc shall bind and benefit the successon and �sigrm uf Lender and Barcower, subject to the provisiera uf , -�!
<br /> ': �; paragraph 17. Barrower's covenants and agreemenu shall he joint and several. Any Borrower who co-signs this 5e�Lriry .,<.,.•r..: f .:�.�.�..�-
<br /> 'ti c u r i t Instrument unl to niort a e. rant and convey that '�;, :,;.' .. �,
<br /> Ins[rument but does not execute the Note: 1a) is co-sigmng th�. Se y Y S S S ,,..,,.: _ �•� ,•. •• . ...��,,
<br /> Borrower's interest in the Pmperty unJer the terms of this Security Instrumenr.(b�is not personally obligated to pay the sums • �':�,;. �t� �
<br /> • secured by this Security Instrument:and(c)agrees that Lender and any other Bor�wer may agree to extend,modiffy,forbear or '` '% F� �j%;:�,.• _
<br /> ' ' '-.S.• .�r.�.,,..
<br /> mal:e any accommodations with regard to the tertns of thia Security Imtrument or the Nate without that Borcawer's wnsee,:. • 1-,4:�•;'.�,,;
<br /> . 13.Loan Chatges.If the loan secured by this Security [nstrument is subject to a law which sets maximum loan c:sr.;;es, v':�" �'•� �•
<br /> � ••��
<br />' and that law is finally interpreted so that the interest or other loan charges collected or to be coltected in connection w�th the r=--�•��: ''�� _
<br /> • loan exceed the pettnittod limits, ehen: (a)any such loan charge shall be reduced by the amount necessary to reduce the chazge .•°'.�� ,; __
<br /> = to the permitted limit:and(b)any sums already collected from Borrower which exceeded permitted limits will be refunded to ^-j(�.;' �� =
<br /> Borrower. Lender may choose to make this refund by reducing the pnncipak �wed under the Note ur by mnking a dirert
<br /> � payment to Barrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any �' �
<br /> ,�; -
<br /> • , prepayment charge under lhe Note. �'_"' --
<br /> '. 14.Noitces.Any notice to Bonower provided for in this Security Instrument shall be given by delivering it or by mailing ' '�'�� ' `'-"''� ' �
<br /> � it by first class mail unless applicable law requires u,e of another method. The n�tice shall be directed to the Property Address ���'•:�
<br /> y or any other address �ornower designates by notice to Lender. Any notice_�� L.ender shall be given by frst class mail to ��-'=:�r�---
<br /> "j, Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice^,:ovided for in this �. --:�,��
<br /> ,`, '' �
<br /> ��.�` Security Instrument shall be deemed to have b�en given to Borrower or Lender when given as provided ir.t`-s�aragrnph. d- _
<br /> t.��y t�•.. �„�,�y"' - ___
<br /> :�'�;•„ . 15.Governing Law; Severabi�ty. This Sccurity lnstru^,�r.t shall be govcrned by federal law aad the la�4r the
<br /> jurisdiction in which the Property is located. In the event that ar.}•provision e�clause of this Security In�wr,::nent or dy�:Vote _ _ �
<br /> .. conflicts with applicabfe law, such conflict shaU�ot affect other prov�sions of:���:Security Instrument or U"�e Vote which can be � T
<br /> � • given effect withaut the conflicting provision.To this end the provisions of:i°� S�curity Instrument and the Note are declared ----- �`"�_'
<br /> ��:�..:•�.•-
<br /> . � to be severable. °
<br /> ",;,;. , . 16.Burrawer's Copy.Borcower shall be given one conformed copy of the Note and of this Security Instra�ment.
<br /> �;f�}��' .' 17.TransPer of thc Proper¢y or a Be�eticial lnterest in �orrower. If all or any part of the Praperty or any interest in it �. ��. Y. ''
<br />:��};j.�•�•�•: is sold or transferred(or if a beneficial interest in Borcower is so l d or trans ferr e d an d Borrower is no t a na t u r a l p e r s o n)w i t h o u t , '�� --"
<br />'�'�''�' � Lender's rior written oonscnt. I.ender ma at its o tion. r u�re immediate a ment in full of all sums secured b this ���`�
<br /> ,1y :... p Y• P �l P Y Y '�«s'?:''�::..;;.
<br /> ;;1,.. ' � Security lnstrument.Howaver,this�ption shall not he exercised by Lender if exercise is prohibited by federal law as of the date
<br /> �'•�•�� , of this Security Instn�m�nt. ���������
<br /> `"'`4`.•�'�:. If I.ender exercises this option.Lender shall�ive Borrower notice of acceleration. The notice shall ravide a eriod of not �o � � . �
<br /> ,,,,.., P P -=�r,�.r,-�r-�:-�_..�
<br />��`;<., .�. Ie�.S thare 3D days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this . . � .__
<br /> 'j��' � Security 6nctrument. lf Bonower fails to pay these sums prior to the eapiration of this period.Lender may invoke any reme�ies ' "'y}•.;<,.•,
<br /> 4' ..^. —_
<br /> , ° permitted by this Security fnstrument without furthei natice or demand on$orrower. •'a`,`=----
<br /> i8. Borrow�er's Htfi�ht to Rein+tate. if 6anower mcets certain cond�tions. Borrower shall h�-e the right to have �-
<br /> ry Y P `-�"�' Y P ��,"
<br /> enforcement of this Sc�:nri instrument diswntinaad at an time rior to � rarlicr of: (a) 5 da s �cr.l:;:r other eriod as ' �'��• --
<br /> ���_`-::-___—..
<br /> ' appliea'�!e !aw may �pecify for reinstatement) before sale of the Property p�r�uant tu anc power c�f �w: cantained in this - .
<br /> ���•• � Security 7n�trument;or(b)entry of a judgment enforcing this Sewrity Imtrument.Those cr�drtions are that Borrovrer: fa►pays ,. •;���- �_
<br />'^��'� ' Lender a�i sums which then would tr�clse under thi.Securiry Imtrument and the Note a�:�` -�accrleration had ocrurred: (b) ?' � � �s"-•'
<br /> . • cures any default of any other covenants or agreements; (c) pays�ill expenx-� incurceci in �c:�::"ng ie.�. Security In�trument. .-� `}.*��,�.,,, s-
<br /> �. induding. but not limited to. reasonable attorneys' fces:and(d)takes such action a�Lender may reascc.:.��y require to assure ..y�.,r��,,�hY;'
<br /> � that the lien of�his Security Instrument. Lender's rights in the Property and Borrower's ob�:�ation to pay ::e sums secured by _,�;��,;� .
<br /> _ this Securiry Instrument shall continue unchangeci. Upon reinstatement by Borrower. r.`?:;s Secunty Instrument and the ' '`',•'�.�'°�';,,� • -
<br /> obli�ations secured hereby shall remain fully effectrve as if no acceleration had occurred.I�'�,���ever, this rioht to reinstate shall "-r':'`:'�..' � •
<br /> .. not apply in the case uf aa;eleration under paragraph 17. '��,, .- • . �• - -
<br /> 19. Sale of Note; Change of Loan Servicea The Nate or a partial `-:erest in the Note Ragether with this Security • . •
<br /> ' Instrument>may be sold one or more times withnut prior notice to Borrower. t. ,ate may result in a change in the entity(known .
<br /> as the"Loan 5ervicer")that cullu:ts monthly payments due undcr the Nute and thi,Sccurity In�trument. There also may be one , • .
<br /> � or more changes of:he Loan Servicer unrelated to a sale of the Note. If there is a chenge of the Loan Servicer. $orrower will be ; . , _
<br />- given written notice of the change in accordance with paragraph IA abrne and applicable law. The notice will state the name and
<br /> �, address nf the new L,oan Servicer anJ the address ro w•hich payments should be made. The notice will also contain any other • .
<br /> information required by appli�ble law. � . • �--
<br /> � Z0. I#aTnrdous Substartees. $orrou�er ,hall not cause ur permit the presence. use. Jispotial, titorage. ar release of any . .
<br /> • Hazardous Substances on or in the Property. Horrowcr �hall not do, rtor allow anyone cl+e to du, anythmg affecting the ' - '
<br /> �- - t'rop:rt� ttsas is in �i::lasie:r. �Tf sn, �nvire�nn�enial Lau. The Freccdinp rw„.emcnce� �hall nnt anply to the Qresence. use. ot _ __ __-__-___
<br /> � storage nn the Propeny ��f,mall yuantmes ��f Har.ardnur Substan�es that �re generally recugnitcxl tu be apprc�priate to normal .
<br /> � residential uses and to maintcnancr uf ihr F'r��pertv. �
<br /> .' ' a,y„e oi s form 3028 9/90 . E�__
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