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97104142
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97104142
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Last modified
3/11/2012 9:48:58 PM
Creation date
10/19/2005 6:12:30 PM
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DEEDS
Inst Number
97104142
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�i, �� <br /> !. .. � ....._".0_ _ . . <br /> , ' I�:...1Lu..4I�..�IA�JF__..,.� .. .._.._.. <br /> � _. ':� .___�1fa_u:...... .: .=i L_. ./LL:1',�.:_=":•_::, <br /> , '����;[:�rl T,YJ�4sr�.�.1.� .�. -'Y:.. .�. � •� _-____ ._�..___- <br /> •f5j' li 'L. --_ - - __-___-__-- <br /> __ _—''^Y6.'1��TZYl.^_�lz`:__- .-___. <br /> 97�- i�4i42 <br /> paymr.nts may no longor be requicYd,x►t the aption of l.cnder,if martgoBe insurancc covcragc(in the amntmt�nd fnr tlir.period � <br /> that l.endor requins) providod by an insurer approvai by L.endc;again becomes uvaili�blu ond is obtaincd. Horrower shall pay <br /> the premiums requirod to maintain nartgage insurunce in cffect.or to prnvidc a loss resrrvc,untll�tt►o requir�mr.nt far mortgage <br /> insumnc�e�xls iu acco�Js�ice with any writtcn agrecn�ent ts:.tweeu G�orro�ver and Leitder or applicable ln�v. ._ <br /> 9. Inepectlon. Lender or its egent nwy make reasonablc cntrics upon and innpcctions of the Prapcny. I.ender shall give <br /> Borrawer notice at the time of or prior to an inspoctlan specifying ma�sonabl�canr,r frar the inspection. <br /> 10. Condemtuition. The proaeds of any award or cluim for dumages, dtr.2ct or conseyuentiAl, in conncctian with :u�y <br /> condemnation or other taking of any part of the Property, or for canvayunce in lir.0 of condemnatian, 1tn hercby �ssigned and <br /> shall bc paid to I.endcr. <br /> In thc event of a total taking af the I'roperty,thc pm�ccdc shall be applied to thc sums secured by tt►is 9ccurity instn�ment, <br /> whether or not then due, with any excess paid to Horr�u�er.In tl�a event of a pnrtial taking of tt�e Property in�vhich the fair <br /> c►wrket value of the Property immediately before the takin�is equal to or greater�han the amount of thc sumfi secum.d by this <br /> Sccudry Instrument immcdiatcly before the taking, unless Borrowcr and L.endec othcrwise agree in writing,thr,sumA sccurcd by <br /> this Security Instniment shalt be roduced by the amount of tho proce�is mulr.eplied by the f�19a�rinF finetlon: (n) the total <br /> amount of the sums secured iinmediately bcfare tha tnking,dividcd by (b) thr. fair mtuket vnlue of tha Pmperty immediatcly <br /> before the taking. Any balance sh�ll be paid to Borrower. G� the event of a partin!taking of thc Pro{x:rty in wltich the fair <br />� market value o€the Froperry immediatcly bef�rc the talcing is lesss than the urnount of the sums serured immcdintely bcfc�ic lhe — <br /> teking, unless Borrower and Lender otherwise agree in writing or unless apnlRcable luw otherwiEe provldas, IIIC pPOCCL�S SI10II <br />; be applicd to the sums se�ure�by this Security Instrument whether or not the sums ar�c then due. <br />! If ttx Property is abandonod by Borrowor,or if,ufter notice by Lender to Borrower thnt the co��demnor offan to make mi <br /> award or setde a claim far damages. Borrowcr fnils to respond to Lendcr within 3D daye after the date tha notice ie given, <br /> [.endar is autharize�ta collect and apply the proceeds,at(ts option,cither to nestorai�on or repuir of the Pro}wrty ar to thc sums _ <br /> secured by this Security Instrument,whether or not then dua. <br /> Unless Lender anci Borrower otlurwise ugroe in writing, nny appltcateon of prace�cis to princlpal shull not extend or <br /> � postpone the due date of the monthly payments referrod to in paragrbphs 1 nnd 2 or cha�ige the Amaunt of such pnyments. <br /> 11.�ormwcr Not RdeASed;Forbwrance By Lender Nat�Waiver.Extens9on aF the dme for paymcnt or mali6cation <br /> of amortization of thc sums securod by this Socurity Instrument granted by Lcnder ta nny sucassor in lnter�cst of Anrrotvcr shal( <br /> not operate to release tho liebility of the originai t3arrower or tiornower's succe9isars in in[e[tisc. i.cndcr siiali nui i►c:�cc�uii�io <br /> oo�nce pmr,�eodings against any suc..essor in intcr�st or refuse to eatend tlme for payment ar athcrwisc mc►dlfy amorti:c:ation <br />� of the sums atcurod by this Security Instrument by reason of any demand mude by the origis�al Borrownr ar liorrowor's <br /> successors in interest. Any forbearence by i.ender in excrcising any right or nn�edy shull nut be a waiver of or pra:lude thc <br /> �` exorcise of any right or remedy. <br /> ; 12. � and Assig�Bound;Joint and Several U�MI[ty; Co-signers. The covcnents nnd n�nxsmente of tl�is <br /> Securiry Inshument shall bind and benefit thc sucxxssors and ossigns of Lender and Borro��er, subject ro thc pmvisions af <br />= p�ragnph 17, Aorrower's cuvenants and agreements shall be jnint and saveral. Any Borrower wha ca•eigns thie Security <br />-� Instrument but docs not cxecute the Nota (a) is ca-signing t}�is Sccurity Iustrument only to mortgagc, grnnt and convcy d�at <br /> E Borrawer's inte�+est in thc Property under the tcrms of this Socurity Instrumanr, (b) is not personally obligatal to�pny thc sums <br />� securcd by this Security Instnimenr,and(c)agras that Lender und any other Burrower may agrce to extend,mc►ciltj�,forbcar or_ <br />� make any accotrimodations with rege�d to the tecros of ehis Security Instrument or the Note without that Hom►wor's consent. <br /> I 13.Lwn Ch�rges. If the lovi sccured by this Security Instrwnent i3 subjcct to a law which sets maximinn lann chargcs, <br /> � ancl ttut law is finelly interprotod so that the interest or other loan charges collectcd or to be collected in conncation widi the <br />}� fos►n exaai the permittod linuts. t�en:(u)any such loan chargu shull ba rcducod by ehe amount necessary lo�i�duce tt�e charge <br />= to�thc permitted limit;arxl(b)any sums already collectal from Borcowcr which exocafed permittod limits wlll be rcflmded to <br />� �3ormwer. Lender may choose to make this refund by reduaing tlie pr9ncipul owaf under the Note or by mal:in� a direct <br />�, paymtnt to Borrower. If e refund reduces principal, the �+eduation wil! be trcated as a partial prepaymunt wiQtout t�ny <br /> := g�zpayment charge under thc Note. <br /> " 14.Notkes.Any nottcc to Horcower provided for in this Sr,cwity Instniment shall bc given by dclivcrins+�.or by niailing <br /> :; i't t�y first class mail unless applicable law rcquir�s use of anuti��r metliod.The notice shnll be dircctal to tt�o 1�►�egxrty Adcires9 <br /> '+ or any other addrcss Borrower daignates by notice to Lendur. Any nutice to Lender shall be �iven by fi�ct cL•iss n�ail tn <br /> � Le�dcr's addrcss statrd herein or any other address Lendm•dusianates by noticc to Borrower. ATr}� notico providGd for in this <br /> ' Sxurity Insuument shall be deemod to havo been givcn ta Ba��swor or Lend�sr when given as pmvidai in this pvrag��pii. <br /> .` IS.Governl� iaw; S�.wenbility. This Security Insteeiment sliull be gov�m�xi by fixleral law tuf:i tttie luw of Uic <br /> jurisdiction in which the Aroperty is locar.ed. In thc evr�nt thiit any provision ur cluur,c of this Sa:urity Inativ►nrnt or thc Notc <br /> ; conflicts with applicable law, such conflict shall not affoct atliur pmvirians of this Security[nstru��tnt or the Nnte which era�be <br /> � given effect without the conflicting provjsion. To thia end�tli�pinvisions of this Sacurity Instn�mern and tt�c Note nee de;ctared <br /> c to bc severable. <br /> � 16.Borrower's Copy.Borrower shull be givcn nnc canformed cory of the Note and of this Secutity insttu+u�nt. <br /> ' i�orm 9028 9190 <br /> ve�aore <br /> r <br />
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