|
�;f'�"�'�:1�',`r<(r'.;'•I.�'it�.r;"''� 1'r' . ,, ._.
<br /> :�r '.��.e:,� "ti�fjr �'� • .. _ .._. _.. -._. �
<br /> i�" . —
<br /> 1 F•lL:�;�.....�.u...':'�l-''', __ ...... . ._ - L.Y.�__.—_-____.�� ...�w=.�..
<br /> '_"__. ______'."'"_-___ _"____._"_.__"_. _"""'______—_'--"—_"—""_-..............."__""._..._"'..
<br /> ...... ......._-._._-_"_____"__ -________._". .. .
<br /> .i;.___. _ "_"_ .__.. ..._-".
<br /> . ___"___"_"'_"
<br /> 98-iC��Qa
<br /> payments rtu�y r�longor bo required.wt thc option of lxncler, if mortgagc Insurunce coverwge(in the unxwnt r�xl tiir thn prrl�xl
<br /> thnt l.endcr r�uirec)prnvldal hy un inxurcr n�rovai by I.cncfer agwin t+ccnr»es nvidlwhlc wxl i�+oMnlnnl. F��rr�+wer�+hxll �y
<br /> tho prcmiumr royuirod to nu�inlpin mc►ngrRe inaunnce in etfect,nr t��pmvidc a I�v rccervc,umll ihe reyulrcmcnt tiir nx�rtRw�o
<br /> �nsurance ernls in rcc�rrd�nce wilh any writtcn�gramenl bctween Born►wer md Lcneler or wp�►Ilcrhic Irw.
<br /> 9. Itapeclbn. I.encier or it.r agent muy mxke rexwnAble entries upcm ancl In.vpecNon���f�hc !'ropcny. Lcixl�r:+liall �Ive
<br /> Borrower txNic4 at�t►e time of nr prlor lo�n inspoction specifying reasonablecause for the Inxpnc;tion.
<br /> 10. Condemru�tbn. The pn►ccals nP uny eward ur cl�im for dumuges, dlrr,ct nr cansequentlal, in connrction with Any
<br /> coteciamnatfon or�Nher�aking of any pnrt of.tho Pmperty, or for conveyance in lieu of condemnution, i��herehy nl�sigtiocl arxi
<br /> bhall be p�id to l,erxicr.
<br /> In tho ovcnt of a tatal teking of thc Property,the proceods shall be appliai to the sums sccural by this Sccurity Instniment,
<br /> , w1►ctl►er or rwt then duc, with sny cxccss paid to 8orro�:er. !n the event of� partiel raking at the Pmperty in which the fair
<br /> market value of the Pr�porty immodiately before thc tsking is equal to or greuter than thc umount of the sums scr.ured by thie
<br /> Secudty Instniment immedistely beforc the taking,unless Borrower and L.ender otherwise agrec in writing,thc sums socured by
<br /> ' this Sec�u�ity Instrument shall bc roducod by the arnvu.nt of the proceods multiplied by thc following fruction: (a) the total
<br /> amount of the wms secural immediatety k�tc�ce t��t�i¢r,g,ctividcd by (b)thc fair market valuo of the Proptriy immediatety
<br /> � beforo thc taking. Any balancc sh�C be ptid to SornQwer.In the Gvent of Q pectial tal:ing of thc Property in wl�ich the fair
<br /> markct valuc of thc Property immodiately befoc,.the takiug is 1ESS than tho amount of the sums sxural immediately before the
<br /> taking, unless Borrower and Lender otherwise agrae�n writing o�u�less applicnblc law othcrwfsc provides. the prooeeds shall
<br /> be appliod to the sums socured by this Sxudty Instrument whether nr not thesums arc the�due.
<br /> • If the Property is abandonod by Bonower,or if,after notic�e by Lender t�Borrower that the condemnor offers to make an
<br /> � award or settle a claim for damages, Borrower fails to respond to Lender within 30 days aRer the dnte the notice is given,
<br /> Lender is authorizod to collect and apply the proceeds,�t its optian.either to rzstoration or repair of the Propeny or to the sums
<br /> �' securod by this Security Instrument,whether or not d�n due.
<br /> ',� Unless L.tnder and Borrower otherwise agree in writing, any applic�tion of proceods to principaP >�aall nnt extend or
<br /> � postpone the due date of the monthly payments reSee�n;.d to in paragraphs 1 and 2 or change the amount of such paymaes.
<br /> _ »,r�c►*!,��y.r nt�rt�_s:..i•�.*ri.�.�*►rz�y d:�M�*1�+.a!�!'_.iyar.E�iension�r,h�:L^:��-;.,:}::�c:a:o:.:.�ac:.:.iian
<br /> � of amortization of the sums secured to,y tanis Security Ynstmrtxnt granted by Lender to any successor in lnterest of Bomxw�•wr��hAll
<br /> .r not operute to releas�the liability�f t�t,e�riginai Borrower or Honower's successors in interest.I.erd�r shall not be f�a�uirr.d.to
<br /> cotnmence praceodings against any successor i�'r,c�r.�sest or refuse to exten�d tim�e for payuunt or othen+vise rt�odify air�oi',tization
<br /> ,�• of�hc se!^�s �...^..;:.~.,d �� n��is &x;u►iiy instrumeq�T :oy rcason oi any dert�and mede by the original Bc�z:arsvtr or Aarrower's ,
<br /> � succatsors in interest. .W.��y furbearance by Lendor in bxercisi�ag any righi�r :n,medy shall not be a waiqF+r df or precltida thc
<br /> • exercise of any right or remody. • • ' •
<br /> � 12. Suecessors aad Assign9 Bound; Joiat s�nd Severr�9 3.iability; Co-slgners. Thc covenants ana`agrecmonYS��:F this
<br /> '' °,,.Mn:;� :r.�;:um�r„ �!:a�! be�d Q•!d bn_t��t rhe �ten�.5013 and assi¢ns of I.eaider and Bo�rower, subject�r�¢!u provisions of
<br /> y paiagraph 17. Borrower's covenants end agreeirnents chali be joint and sevzral. Any Borrower who �ca�-sa,yms this Securiry
<br /> t I�strument but does not execute the Note: (a)is c�-��gning this Securlty Instrument only to mortgage;�;���►t end convey that
<br /> Borrower's interest in the Proptrty�nelcr the t�tms caf thiF Sec�nrity Instrument; (b)is not petsonally obli�iUed to pwy the sums
<br /> •'' securcd by this Security Instrument; nnc1 Qc)agrces'tk+at I.ender�nd;►ny otherBorrowcr may agm to extend, modify,fort�ear or
<br /> ��k j make any accortuncxk�!'.ba+s with rcga'td to the tcr�is�f ihis Secvri�v lnstrumean ar the Note without that�o�wer's consent.
<br /> �,��� 13.Lo�n Cle�r�e;es.If the loan secural by this Secui�oiy I!ri�tiument is subjoct to a law whieh sets m::r.iri�um loan charges,
<br /> ` } and that law is finally interpreted so that the interes2 ar oRher Dua�charges collected or to be collectal in cUnnection with the
<br /> �.. .
<br /> '� loan oxcxed the permittal limits. then: (a)any such toan c�sarge sha11 be reducod by the amount necessaty to reduce the charge
<br /> Y to the permitted limit; and(b)any sums already collected 4rom ��rrowtr which exceeded pornnitted limits will be rcfundod to
<br /> �•�, Bnrrower. Lender may choose to make this refund by reduc)ng the principal owed under the Note or by making a dimt
<br /> : �tirt payment to Bormwer. (f a refund reduces pricicipsil, the redaction will be trcatcxi as a partial prept�}�Xnent without sny
<br />' '•+�� pr�payment charge under the Note.
<br /> `���� 14.Notka.Any notice to Borrower providetl�for in this Securiry Instmment shall be given by delivering it or by rrWiling
<br /> it by first class mail unless applicable law raqui.r+�u$c of another ttxthod. 'fie notice shall be directai to the Property Address
<br /> ; %„h or any other address Borrower designates b� r�.-�ice to Lender. Any notice to Lcnder shall be given by first class mail to
<br /> �%-�`�`�� L.ender's addrcss srarrai herein or any other address Lender designates by raticc to Borrowcr. Any notice providod for in this
<br />:�'�••'�`�:':-• 5ecurity Insttunx:nt sltotl bt damed to have been given to Borcower or Lcnder when given as pmvidai in this paragraph.
<br /> �.,�;.`•' �°.U.:;ri-.::;.� I.ww; SeverAbility. This Security Instrument shnll be governed �, f�c::! !,ti:� nnd the law of'the
<br /> .;.��f�� jurisd[ction in which the Property is locatal. In the event thot any provision ur clause of this Security Insttvment or the Note
<br /> ���`•` conflicts with applicable law,such conflict shxli not nffect oUxr provisions of this Security Instrument ar the Note which can bo
<br /> ��. given effect without the cnnflicting provision. To this end the provisions of ttiis Security instrum�ent and the Noto are declarcd
<br /> to bc scvcrablc.
<br /> ; 16.Borrower's Copy.Borruwcr shali be givcn onc mnfornx�d copy ofihe Note and of thia Security Instrumcnt.
<br /> . �3oze eroo
<br /> Pp�4ol0
<br />
|