|
.
<br /> � ;�� •+e� � .' r<� , q � . < ' .. °` .
<br /> � :q � . ` � r,.. .. . " `n__ -. .J.., u .. (C ` �;v�m�sRr�.
<br /> � "•T _ kJt�,iv „�-� . . .� .... . , . . ,. __.....--
<br /> . .4yr,• . : .. � ., n . ..y� __ .••^'�R.'-_"—'.
<br /> , ` . � • . . . „ri;, u�_.= =��•
<br /> ., �, . -��ti.:=- . - , ' � ' ' � u • _ -
<br /> . .' — � -- _;i._ _ ° � ' � .., . . ., _.,�,,�-� ��., �: -
<br /> • �. � -:r��.r:T,�.-.
<br /> �; .. . , -• ,. . . . �
<br /> ,�� ,+; ,� . . . „ . . �:�f��".:,;�: __.
<br /> , �� „ • , ' � . , . ,._ �_;;:r,�, ,
<br /> ,
<br /> •- � • .., , ... ..
<br /> . , . -
<br /> -. . . � .. .. . _ . _
<br /> � .,... .... ._ ._. .. .. ._ ,
<br /> . ,. ,�: 9?-- 1�3c��o
<br /> puymcnts nnry n��Ic�nger bc rr.quired, ut thc ��ption nf l.cndcr, if muttg��gc intiurancc riwcragc(in thc umi�unt und for thc perind
<br /> thiit I.ender rcquires>pmvidcd by un insurer appravcd by l.cnder aEain hcamics iwuilublc und is ubtaincd. Bc�rrowcr shall pay
<br /> thc pr�miums rec�uiresi tn maint��in mongnge incnrmce in cflect,or tu provide a luss rescrve,until thc reyuireinent for martgng� �'^
<br /> .,� insurance ends in nccordance with�u�y wriuen agreement bctween Bonawer und Lcndcr or upplicablc law. �;._�
<br /> 9. Inypection. I.ende�or its agent may niakc reasonablc entrics upcs7 and impcctions of thc Property. L.ender shull give
<br /> � &rrrower notice at the time af or priur ta an inspccti.�n specif'ying rca.�onablc c��uxc for the inspu:tion.
<br /> - �- r,"� 10. Condemnatlon. The procecds of uny award or claim for damages, direct or consequential, in connection �vith any
<br /> condemnation ar�ther taking of any pxn of the Praperry,or for conveyance in lieu af condemnation, are hereby assigned and , �:
<br /> � �
<br /> � - shall bc paid to L.encler. •
<br /> In the event of a iot:�l taking af the Property,the procee;ds shall be applied to the sums secureci by this Securiry Instrument, h-"
<br /> whcthcr or not then due, with any excess paid to Borrow+er. In the event of a pariial taking of the Property in whirti the fair
<br /> market value of the i�roperty immediately b.fore the taking is equal to or greater than the umount of the sums secured by this -
<br /> Securiry Instrument immediately before the eakinb,unless Borrower and Lender othenvise agree in writi�g,the sums secured by ��:`.
<br /> this Security [nstrument shall be re�uced by the amount of ihe proceeds multiplied by the followin� fraction: ta) the total j.-,
<br /> amount of the sums secured immediately before thc taking, dividc�by (b)the fuir murket valuc of the Property immediately •_;
<br /> before thc taking. Any balance sh�ll be N:�id so(3orrowcr. In the eeent of a partial tnkin� of the Propeny in which the fair �'_=
<br /> market value of the Pro�erty immediutely before the takin�is less than the amaunt of the sums secured immediately b e fore t he _c.
<br /> taking, unless Borrower and Lender othcrwise agree in writing or unless applicable law othenvise provides, the proceeds shall �_
<br />_ • be applied ta the sums secured by this Security instrumcnt whether or not the sums arc thcn due. �r�_ '
<br /> � Hff the Propeny is abanduned by Borrower, or if,after notice by Lender to Borrower that the condemnor offers to make an ___
<br />-� aw�rd or settle a claim for damages, Borrower fails to respond to L.ender within 30 days after the date the notice is given. �?_
<br /> Lcnder is authorized ro collect and apply the proceeds,at its option,either to testoration or repair of the Praperty ar to the sums �
<br /> secured by this Security Ins[rument,whether or not then due.
<br />' Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or �'.
<br /> • postpone the due date of rche monthly paymen�s referred to in paragraphs 1 and 2 or chan�e the amount of such payments. __
<br />- � I1.Borrower Not Itelesised;Forbearance By Lender Not a Wafivee.Extension of the time for payment or modification _
<br />_,, : • of amortizacion oi uic�uu������tsy t�:.; JKV�)Insts's:"=at gr3s'-t'"! hy[enrier ra any successor in interest af Borrower shall =
<br />;��}�.' not operate to rele��s�the liability of the original Borrower or Borrower's suocessors in interest. Lender shall not be required to _,
<br />.�;; ` commence proceedings against any successor ir�interest or refuse eo extend time for payment or othenvise modify amorti7atic�n
<br />_;�•• � of the sums secured by this Security [nstrument by reason of any d2mand made by the originul Bonower or Sorrower's
<br />°•',^, :", i; successors in interest.Any forbearance by Lender in exercising any right or remedy shall not be a�vaiver of or preclude the
<br /> _ _ •:� :�� exercese of any right or remedy.
<br /> -__ _ � ;�! 12. Successors and Ass�g� Bound;Joint and Several Liability; Co-signers. The wvenants and agreemenGc of[his
<br /> �:-_w;.,�. :, ' Security Instrumer_t shall bind and benefit the successors and assi�ns of Lender and Borrower, subject to the provisions of
<br /> �"_-,�;,;• I; paragraph 17. Borrower's covenants and agrexments shall be joint and several. Any Borrower who co-signs this Security --
<br />�'�'•' �•�" i� Insuument but does not execute che Note: (a) is co-signing this Securiey Instrument only to mortgage, grant and convey that
<br />�r�. �,��. .
<br />-�:�;.,,��,� }3or.rower's interest in the Peoperty under the tertns of this 5ecurity [nstrument;(b) is not personally obligatcd to pay t e sums
<br /> � ,I
<br /> —.=�-.•••• '• secured by this Socunty Instrument;and(c)agrees that Lender and any othcr Borrower may agrce to extcnd, modify, forbear or
<br />-�"°`''���'-� make any accommodations with regard ro zhe terms of this Security Instrument or the Note without thut Borrower's consent.
<br />"�'"1°�'����' 13.Loan Charges.If the loan secured by this Securiry Instrument is subject to a law which sets maximum loan chxrges.
<br /> v---::;.n,�
<br /> "�_�;Ea.� a.�c�that law is finally interpreted so that the interest ur other loan charges collected or to be collected in connection wit t e
<br /> —''"?:�: loan excecd the pennitted limiu, then: (a) any such loan charge shall fse reduced by the amount nacessary to reduce lhe charge _ _
<br /> �;;:;��,;�: ' to the permitted limit;and(b)uny sums alre��dy collected fi•um Borrower which exceeded permitted limits will be Pefunded so
<br />=�•�• Borrower. Lender n�ay choose to make t4�is Tefund by reducing the �rincipal owed under the Note or by mn�Cing a dir�ei _
<br />%�y:p.i5�'�`'�'.
<br /> �_ -� payment to Bonower. If a refund reduces principal. the reduction will be treated as a partial prepayment without any _
<br />—'"�,'=-�� prepayment chazge under the Note.
<br /> -���� � 14.Notices. Any notice to Borrower provided for in this Security Instn�ment shall be given by delivering it or by mailing
<br />�-F��� it by first class mail unless applicable law reyuires use of another mcihod.The noti�shall be directe.d to the Property Address
<br /> -="u-•� '�� or any other adcs,ess Borrower designates by notice to Lender. Any notice to Lender shat! Lr g:rcu by first class mail to
<br /> ` '���.. �` Lender's address stated herein or any other address Lender designates by notice ta Borrower. Any natice provided for in this --
<br /> u ""�'. . `•'' Security Instrument shall be decmed w have been�iven to Borrower or Lender when given as pmvided in this paragraph. _
<br />-Y�z'•
<br />� � �- • ; I5.Go�crnin�Larr�; Severability. This Sccurity Instrument shaU be govcmed by federal law and the law of the `
<br /> � jurisdiction in svhich thc Property is located. In the event that any provision or clause of this Security Instrument or the Nate �
<br />- ' :-;,� conflicts�vith applicable law,such conflict shall not affect other provisions of this Security Instrument or the Note which can be �;N:
<br />-`�. given effect without the conflicting provision. To this end the pmvisions of this Security Instrument and the Note are declared �
<br />°-," to be severable. �
<br /> " �,.
<br />-+t, � 16.Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instn►ment. `;
<br /> _--,.it_ FoTm 3028 9/SO �:
<br /> _:;�— ^,S� Pape 4 0l 8 �'�
<br /> � -f�. _�.j� d.
<br /> 1..�----- .�-Fr.
<br /> i �'� �
<br /> ?- . ��+�.'SN-L:..i-a'�`liTb�"aTi�4,v:���af4�'�::�fV%•M.C.irL�Sie�..r't�'':: - r.L:�sV.iil7RR4�
<br /> -�)� �`�� . . .. •` . ,. ' ., i � � .
<br /> ,i • . ..
<br /> �' '
<br /> .� . �. . �� a . . ., .
<br /> '. , . �' „ .y�,' . �••.7U�� � ., '� .
<br /> ' � , � . .. .. ' . �4,Y41.�1�'. ` .. ' . ..
<br /> �. '� .. � . �) .r
<br /> • 1.+ y . .. . --- -- - �- - - ---- y _ ,�. _. - -- - . _. .
<br />
|