97104662 - Laserfiche WebLink

Browse

..�.i�l\� .. . t_• ��Y4Y+,nJ rll�il�o��a� 1 � RCl , .. .li ��' � " � • ... . �. .. .. - - - - ..., ..�. _' " —""'_ - _ " _ r.: N�rf'•i-.�,_.;.� ,.. . .. . . . ,�. - Ji' - _e___..._._� .'___-__ —_' _,. � r --:�.. � � ' s�...u.cr..�L ..Jt�!1_i� ,. . �`+'�11�4!':....' _ .'4' _ _ — — �.. 1U�2 payments�riey r�longer bc roquircd,st the option�f l.cixlcr, if nwrtgage:Insvranzc covcragc(in Ih�.�nount and fbr Ihc periad � that I.endec rcqufres)pro��id�d by an insurer epproveJ by Le�xicr u�raln bcconxs availublc u�xf iH ohtaincd. Borrawtr�;hall pay tFtc prcmlurna required to matintnin mortgage insurancc in cffect.ar ti�pmvldc u lass re��crvc,until thc reyulrcnxnt fc�r nx�nguge insurunce ends in acconlance with any wrltten i�greenxnt txtwecn&�rr:iwer uixl[.erxfer or uppUc�ble luw. �i.(n�pectbn. I..ender ar itR agent nfuy wul�e i��aunu+l�le ciitri�;;u�sun attd Ins�pecUons c�f the !'r��rerly. I.eixlcr slu�ll �tive 8urmwer ndice al the tin�of or prior to sn inspectinn�pccffying r+:aw�iu+hic cause fnr Ihe im{xcUun, 10, ConerantuUlun. Thc pruccais af uny uward ur cluim far elumbecs. dlrcct or c��n+cyucnNnl, in r��nixtillun with uny a�ndemnation ar other taking�f ony�►urt of the Pmpcny,or Por convcyutxc in licu��F co�xlcnnwti��, ure hcrcby ahsignal uixl shull bc puid t� l.�ixic�. 1��the evcnt of a totul tuking uf the Property,thc procccciw ahall t►e applied tn tho sums sccured by thie�Security Instrument, whether or n�t thcn duc, with any cxcess'puid to Borruwer. In the cvcnt of a pariiul tuking of the Property in whfch the fair markct value of thc Property immodiately t►eforc the taking is equal to or grcater than thc unwunt of the sums secural by this • Security Insirurnent imn�ediutely lx:fore the taking,unless Bonawer and Lencier otherwise xgree in writing,the sums s�curad by thfr Securiry instrunxnt shall be reduced by the amount of the proccods multiplied by the folluwing fruction: (a) �he totrl amount of the sums secured immediately before the taking, dividod �y (b) the fair market value of thc Property imnxxlistely 6efore the t�king. Any balance shall be paid ta Borrciwer. ln the event of a parN�i talcing of the Pc+operty in which the f�ir n�a�kct velue of the Proporty imcr�ediatoly before the taking is lcs9 than the amount of the sums secured immediately bcfore the taking, unlas Borrower and i.ender otherwise agra in writing or unless upplicable Iaw otherwise provides. the proc:r�xls siudl be nppl�cd to the sums secured by this Security Instrument whethcr or not the sums are then due. If the Property is abandone;d by 8orrower,or if,after natice by I.ender to Borrower that the condemnor offen to makG en award or settle e cleim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lendcr is authorized to collect and apply the proceeds,at its aption, either to restoratton or repair of the Property or to the sums securn�f by thts Securiry Instrument,whether or not then due. Unleu I.ender and Bormwer otherwise agree in writing, any application of proceeds to prineipal shall not extenci or postpone the due date of the monthly payments referred to in paragrs�phs 1 and 2 or changc thc amount of such payn�ents. 11.Bomower Not Rdeased;ForbeArance By Lender Not A W�(ver. Exteasion of the titne for payment or tnadification of aenortization of the sums secured by this Security Instrument granted by Lender to any successor in intenest of Borrower shall not opernte to release the liability of the original Horrower or Bonower's successors in interest. I.ender shal!not be rcquired to • commence praceedings ageinst any suceessor in interest or r�fuse to eatend time for payment ar o�herwise maIie"y�u,w�i;uiaiv�t of the surns s�ecurod by this Security InstTUment by re�son of a�iy demand mude by the original Borrower ar Borrower's successors in interest. Any forb�arnnce by I.ender in eaercesing any right or remedy shall not be a waiver of or preclude the exercisc uf eny right or rcmcdy. 12. Successors and Aasigns Bound; Joint and Several Llabllity; Co-signers. 'Ihc wvenants and qgreements of this Security Instrument shall bind and benefit the successors and ussigns of Lender and Borrower, subject to the provisions of puagraph 17. Borrower's covenants and agraments shall be joint end several. Any Borrower who co-slgns this Secudry Instnimcnt but does not execute the Nate: (a) is co-signing this Seturity Instrument a�ly to mortgage, grant and convey that Borrower's interest in thc Praperty under the terma of this Security Instrument (b)is not personally obligatal to pay the sums securod by this Security Instrurnent;and(c)agrees that I.ender and any other Borrower may agree to extend. modify,forbear or make any accommodations with regard to the terms of this Security Instntment or the Note without that Borrower's consent. 13. LoRti Charges.If the loan secured by this Security Instrument is subjxt to�law which sets maximum loan charges, and that law is finglly intetpnted so that the interest or other loan charges wllected or to be collected in con�rection with the loan excc�d the permitted limits. then: (a)any such loan charge shall be rcduad by the amount necessary to raduce the charge to the permittai limit; and(b)any sums nlready collected from Borrower which execedod permitted limits wiU 6e refunded to Borrow�r. I.ender may choose to make tl�is refund by roducing the principal owed under the Note or by making a direct payment to Borrow�r. If a refund reduces principal, the raiuction wi[I be treated as a partial prcpayment without eny prepaymcnt chargo under the Noto. 1�1. Notices. Any notice to Bonower provided for in this Scxurity Instrument shall be given by delivering it or by mailing it by first class mail untess appticable law requires use of another methnd.'The noticc shall be directed to the Properry Addnss � or any other address Borrower designates by notice to Lender. Any notice to Lender shal! bc: given by first class mail to I.ender's address stated harein or any other address I.endcr designates by notice to Borrower. Any notice providal for in this Security Instrutnent shall be dccmed to havc been given to Borrower or Lcnder when given as provided in this paragraph. ` 15. Goveming I.aev; Severabllity. This Security Instrument shall be govemcd by fcdcral law and the Iaw of the jurisdiction in which the Property is locatal. in the event that uny provision or cluuse of this Security Inst;ument or the NeNe conflicts with applteable law,such conflfet sh;ill not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting pravision. To this end the provisions of this Security Instrument and the Note are dectared � to be severeble. 16. Borrower's Copy.8onower shall be given one conformed wpy of the Note$nd of this Security Instrument. � Form 3028 9I90 � pp�4 01 6 , � �