98105020 - Laserfiche WebLink

Browse

,r _ .. _,__. _ ..-. _. . _.. . ...V..•. . — ..;1...:t�, .:-..4•SM+k,�Nn+rr.�. ... . .. . . _ .. --_ _.._.._... . .'.. . .. .... .. ... .... __ . . _.. .._ _. _ �8� 1�)��i� payments may no longer be requirod,at the option of Lender,If nx�rtguge insurunce covcrasa(In the rmnunt aixi fi�r the{�crlc►c! Ihat I.cndcr requirea)pmv9dal bp un insurcr rpprovod bY [.cixtcr xgrin becon�cs avullable urxl ly obt�incd,Bcttrowcr gtu�ll pry the prcmiums reyuirod to msintain monga�e insurwice fn effect,or to pravide w loss recerve,until the rcyuircment fur rr�rignge insurence ends in accordance with any written agtamCnt Fxtwa�Bott°wer r�xl l.en�cler ur�pplicable Irw. y, inspec;ion. LenJer or ils Wgent nmy n�ake rcasonahle antries upon a�x1 ins fx�ctions of the Property. L,�nder shall glve Bonuwer notice at che time of or prior to an?.^.apecii�n Rpecifying rear�nuble cause for the lnspoctiun, 10. Condem�wtlon. The procced�;of any uward or clalm for cinmugc�, direct ur cu►tseq;tentlal, im m�nec�ion wfth au�y condemnation nr other taking�f any pnrt of the Proporty,or for conveyenc�in Ueu of condemnetion, ure herehy assigned And shall be paid ta l.ender. In the event of a total taking of the PropenY.the Proceeds shull bc applicd ta the sums securod by thie 5ccurity Instrument, wtktt�r or rxu chen due, with any excnss paid to Borrawer. in the event of a partiul taking of the Propeny in which the faic marka value of the Praperty immediately befor� the taking is equnl to or grwter than the amount of the sums securai by this Sccurity l�uwn�ent imnxcliately before the taking,unlcss Barrowcr and Lender otherwise agrec in writing,thc sums secured by this 5ecurity Instrument shall be r�cluced by 1he emount of the proc:ads muftiplred 'oy liic �o{tawing fration: {a? th� tnte� amount ��f the sums socured immediatcly beforc the taking. divided by {b) thc fair market value of Ihe Praperty immedietely before the t�lcing. Any bulu�ce shall be paid to Borrower. In the event af a partial taking of the Propeny in which the fair muket vxlue�f tho ProPeny�m��ately before the teking is icss than thc amount uf the suma secural iromcdiately beforc the taking, unfess Horrower a�nd L.ender otherwise agree in writing ur un�ess applicable law othor�+ise provida, tba proceeds shall . be applied to the swnc s�urecl by this Security Instrument whethcr or not the surns are thcn dua. If the Property is abancloned by Borrower, or if,afur notice by I..ender to Borcower thst the condemnor offens to make an �ward ar settle a claim for damages. Borrowcr fails to respond ta Ixnder within 30 days afttr the date the notice is given, l.,cpder is�a�vthorized ro collect and appty the proc.roeds,at its oplion,aither to restoration or repair oF the Property or to tbe sums ;seCurod'by this Socurity Instcument,whether or not then due. �i�tion of roceods to pdncipal stull nnt extend or • Unless L.ender a�xl Borrower otherwise agree in writing, eny app' P �� postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the unount of such p�yments• +' ' 11.Borrower Not RdeASed;Forbwrs►nce By l,ender Not A Wa�ver.Extension of the time for payment or modiGcation �s� of amortization of the sums secured by this Securiry Instrument granted by Lender to nny saccessor.in interest of Borrower shall : not operate to rcicase the linbility of the ariginal Borrower or Hotrower's succCSSOrs in intetrst• I.��der shall not be required to z � conunence proceodings against any suceessor in intc�cst o►refn�:.t��xLtnd lisne for�.,Ayment or otherwise modify a�rwrti��at�an -� of the sums secured by this Security Instniment by reason of a.ny demand made by the odginnl Bormwer or BocroWet�e :� successors in interest. An�forbeara�KC by Lender in exercising any right or remedy shall not be a waiver of or preclude the - exercise of any right or remedY• � 1Z. Succe�ors and AssiBr►s Bound; JOfpI Alltl A�CVlP�1 l.IA�IIUtf� �U-SI�IM��. �ic wva.i'wiiw :�'..'�. ::�TC='m^^f` ef thie Socurity Instrument shall bind and_ benefit thc sucassors and assigns of Lender end Borrower, subject to the provlsi�ns of � psragraph 17. Borrower's covenants and a8reemGn�s ghall be joint and several. Any Borrower wha ca-signs this 8ecuriry ° Inurument but does not execute the Note: (u) is ca-signing thie Security instrumcnt ooly to mortgago,grant and ca►veY tl�t Borrower's inte�st in the Properiy under the tem�s of this Securiry Instniment;(b)is not person�llY obligated to piy the wms socured by this Socuriry Inxtrument; und(c)aBras that I,.ender and any other Borrowcr may agroc ta cxtend,�ewd�fY.i�r�r Qr - make any aocommodetions with regard to the terms of this Security Instcument or the Nota without that Borrower's conaant: 13,Lo�n Charges.Ii the loan secured by this Socurity Instrument is subjcct to a law which sets m�ximum loan ch�;�es, I And that law is finwlly intecpretod so that the interest or other loan chuges eallected or to be collected in cennectian with the f loan excad the perntitted Itmits,then: (a)any such loan charge shall be raluced by the amount neccssery tq reduce the�har6� � to the permltted limit; and(b)any sums already collxtod from Bnrrower which exceeded permitted limits will be refundod to Borrower. I.ender may choose to make this nfund by reducing the principal owod under the IVote or by ms�king•a direct " pnyment to Borrower. If a refund raluces principal, the redUction will be treatal as e partial Pre�Y►�xnt �n'�thbut any propayment charge under the Nate. - 14.NuNces.Any notice to Borrower provided for in this Security Instrument shall be given by delivoting it or by rtu�iling ,� it by first class mafl unless applicable law requires use of another method.The notice shall be directed to tlx Property Address � or any othcr address Borrower designates by nc�tia to I.endor. Any notice co I.endu shall be given by first class mail to ; Lender's eddress stated herein or nny other address Lendcr deaignates by notice ro Bormwer. Any notice provided for in this 4 Sccurity Instcument sha116e tlaroal ro have been given to Horrower or L.ender when given as providat in this parugnph• � 15.Governing Y.i�w; Sevet�bility. This Security Instn�nxntroVasion orgclsuse ofthisf Secucity Insaumcnt or the Note � -j j�trisdictian in which the Property is locutod. In the event that any p conflicts with upplicable law,such conflict shall not sffect other provisions of this Security Instrument a the Note which can be .� given effect without the conflicting provision. To this end the provisions of this Socurity instruu�ent c+nd ttk,Nc::��x!are:i � to be severable. � 16�Bormwa''s CupY•Bon°Wer shall be given one confomied copy of the Note and of this Socurity tnsuumer►t. � FoRn 9�02� 9190 + -� Pap��ol e .� � e I