|
� .
<br /> , t��, .. �
<br /> . , �
<br /> � '��' � . .,.,
<br /> r%•�
<br /> �.« �. . . .�a .w9�r—��.
<br /> . , r..;-� • - ,. , ���-.-..-.
<br /> ' . , Lf.r..�. - . _ . .. , c� . ::..—. -
<br /> .. R. . . . 'r.r�.. , '' . • .- .i� p� . - . ..., . r, ,. .—_ '—
<br />-�.. .,. .�6-1.. . . . . .. . . ' � �. �.. .. ,. .. . ` � . . -•7i1.nr...t"�_�:i4.;k��.:=r�._
<br /> ��;:�, . :E� : . � .. .. . . . . 1 � � .. . , .. .
<br /> S
<br /> „ � - - ...� ' .
<br /> �� . �.. � ,..,`• �r;?J• -rni 4 •-n•�. '�x
<br /> .• fx�,•�r:t'+�'N.�-I!p'!:'�.'.'�.�l....tCro��,'q�l+-��-��-�1��T�'----���/�'f. . -i�'�.�3^=3Y.. "-�'�'�--�- - `b'--�vf•*_!�--..._....._ .... ...._.. _..."i----.'1'�RI�Lm?�, _.
<br /> g�� �Cr2sO� , _
<br /> , y p,�ymcr.ts muy no lonbcr bc rcquircd, at thc option af L.endcr. if mortgagc in+uruncc cavcrugc(in ihc nmaunt und for tlu periud
<br /> ... . � thiit I.cnder requires) piY�vidcd by u��insurcr apprcrval by l.endcr uguin bccomcti uvuiliiblc nnd i�nhuiinrd. Unrruwcr tihall puy
<br /> thc premiums rcquircd to muintuin mon6ugc insuruncc in cffcct,or to providc u loss rescrvc,un�il ihc rcNuiremrnt for murtgugc
<br /> " insurancc cnds in accordancc with any writtcn agrccmcnt bctwccn Borrowcr and Lcndcr c�r c�ppl��:�hl,Imv. �
<br /> .�•.,���� 9. InspecNon. Lcnder or its agcnt muy mukc rcusonablc cntrics upon und inspectinns cit�thc Property. Lcnd�r shull givc
<br /> " � Borrowcr noticc at the timc af or prior to an inspection specifying reasonable cause far the insp�.c�ion.
<br /> , Y��. 10. Condemnution. The proceeds of any uwurd or claim for dam�ges, direct or consequential, in connection with uny
<br /> .• � condemnation or other taking of any part of the Property,�r for conveyance in lieu of condemn�tinn,ure hereby ussigned nnd
<br /> - � a• shall bc puid to L.cnder. �.
<br /> � z In the eveut of u wt,►1 takinb of the Property, the proce°ds shall be applied to the sums secalr�d by this Security Instruriz,it. P
<br /> �;, whether or not then due, with any excess paid ta BoROwer. In the event of a partial taking of d�e Prape�Ky in which ths fair h
<br /> �. markct value of the Property immediately before the taking is equal to or greuter than the amount af the sums secured by this
<br /> - Security Instrument immediately before the taking, unless Borrowcr and L.ender otherwise agre�in writin�, the sums seciered by _
<br /> -._- -- .�- this Secu�ity In�tniment sh�ll he reduced by the nmount of the proceeds multiplied by the following f�udinn: (�) the total _
<br /> �• amount of the sums secured immediately before the taking, divided by(b)the fair market value of the Property immediately "
<br /> ';..: _
<br /> �� before the taking. Any balance shall be paid to Borrower. In the event of a panial taking of ihe Property in which the fair
<br /> � � msirket value of the Property immedia[ely before the taking is l�ss than the amoun[ of the sums secured immediately Uefute tite -
<br /> :���� � :;'•���:�;• [uking, unless Borrower and Lender otherwise agree in writing or unless applicable la�v otherwisc provides, the proceeds shall
<br /> � �'1'�:'� be npplied to the sums secured by this Security Instrument whether or not the sums�re then due.
<br /> If the Property is abandoned by Borrower,or if,after notice 6y I.ender to Horrower that ehecondemnor offers[o make an
<br /> �,'•��''�'' T ttward or setttc a clairn for damages. Borrower fails to respond to Lender within 30 days after the date the notice is given,
<br /> Lender is authorized to collecc and apply [he proceeds,ut its option,either to restoraiion or repairof the Properny or to the sums _
<br /> ' secured by this Security Instrument, whet4�er or not then due.
<br />- � Unless L.ender und Borrower othenvise agree in writing, any application of proceeds tn principal shall not extend or
<br />- postponc the due date of the monthly payments referred to in�ara�raphs I and 2 or change the anaunt of such payments.
<br /> �� � 11. Borrower Not Released;Forbesirance By Lender Not a Watver.Exten�ion of the time for payment or modification
<br /> ':�;�I,;' •' of amorti�ation of the sums se�ured by this Securiry Instrument granted by i.ender to any succeswr in interest of Borrawer shull --
<br /> � �
<br /> =,��: not ope�te to reiease the iiaoiiity oi tne uriginai Borrower or Borrower's auccessors in inierrai.u�i�1c� �i�all i;oi�e rzqu�.��.:,
<br /> :°;��_' � commence proceedings against any successor in interest or refuse to extend timc for payment carotherwise modify amortization
<br /> � � � ` " of the sums secured by this Security Instrument by reason of any demand made by the original Bonower or Borrower's _
<br />��"���;.`_;_. � successors in intei�est. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the �
<br />"C°`��'F"`'�• exercisc of uny right or remedy.
<br /> :v�-�+�,..
<br /> °_�''�=�=� - _ 12. Successors nnd A�slgns Bounal;Joint and Several Liabiltty; Casigners. The covenanu and agrecmenu of this
<br />---� '•�--,�.�ke� Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower,subject to the provisions of
<br /> �-=�=�`x��! paragraph 17. 8orrower's covenants and agreements shall be joint and several. Any B�rro�•er who co-signs this Security
<br /> -"''�'�'?�� Instrument but does not execute the Note: (a) is co-signing this Securiry Instrurtrent only to rnort�age, grant and convey thut
<br /> '� t Bonower's interest in the Property under the terms of this Security Instrument; (b) is not person�lly obligated to puy the sums
<br /> �i�.;�
<br /> - secured by this Security Instrument: and(c)agrees that Lender and any other Borrower may agree to extend,modify,forbenr or
<br /> ���'� make any accommaiations with regard ro the terms of this Securiry Instrument or the Note withmut that Borrower's consent.
<br /> --�-��s� 13. Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan churges,
<br /> _�'"°'��� and that luw is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the --
<br />-° = loan exceed the pennitted limits,then:(a)any such loan charge shall 6e reducecl by the amount necessary to reduce the charge
<br /> —~'°— to the pennitted limit; and (b)any sums already collected from Borrower which exceeded perrnined limits will be refunded to
<br />
|