97105079 - Laserfiche WebLink

Browse

.:�.� _ . . . ; �� _ � � . . . _ - � � � .r __ r : �_ . . . . _ ! . T . �_._... .._. ___" .-. . .•�.._ ... .i�1.��.-�.> >___��!!Ri„__° ...:-....��Y+L4F�'_ _. g7-1050'�� payn�nts rnay ix�I�mger he rcquirwl,at thc optinn of Lc�xfcr,fP nH�rtgugc in��irw�cc a�vcru�;c(in ti�e anx►unt und for thc perlod th�t Letxlcr rcyuires)prrnidoJ by xn insurcr approvcd hy I.c�xlcr ug�in bccon�ry avuilublc mxf is n�xaitxYi. Barmwer shull pay thc premiums rcyuirixl tn nw�ntain monAa�e insur�►cx:c in effcct, or tu pruvlde u lu�s rc.ycrvc,u��dl thc requircnxnt far nwrtgage insur�ncc ends in wcn�rciwKe with uny written agrcement txtwcen Horrnwer a�xl l.ctxlcr or u�►licablc luw. 9. [nsp�N�n, L.snder or its agent mxy nwke rear�iu�blc emticv upun wnd Insperdons uP thc Pruperty. 1.c�Hlcr shall givc &�rrawer nnNce at thr.titne of or priur to�►n inspection specifying rcur�nu�ble cuuse fiir the bispc:Uon. 10. Cuncleatnrtlon. The proceeds of uny uwanl or clalm far damrgey, dircct or conseyuendal, in connectfon with any co�xlem�wtion or othea rnkiug of auy part of tlk Praperty, e�r for conveyu�xe in lieu��f co�xlemiwtian, are hereby assigned and sh�ll be pai.d to Lentk.r,. In the event of n totA4 tukin�of the Property,the procceds shrll be;�ppilod to the sun�.c secured by this Security instrument. . whether ur nat cha�duo, with ru�y rxcess pQid to Borrower. !n the cvcnt uf a pyrtial tuking of the Praperty in which the fair mazkt�v�iva af�ho k'rn�ty immediately befare the taking is eyw+t to ur g�caicr than the amount af thc sums securod by this Sec.uri.ty Inst�nmm�l.inut�Miately before the taking,unle�s Borrower ancl I.encler cxherwise ugree in writing,the sums socured by this S�cwfi� lnstnm�el►t shall be roducai by the amount oF the prcxoecl� multipiied by the foll�wing Praction: (a)the tcxal �• a�n�unl.��f she sums secured immediatcly bcfore the taking,diviclad 6y (b)thc fuir murket valuc of thc Property inur�adiatcly tx;t'o�c tho tai:ing. Any balancc sha11 bc p�zid to Barrow•cr. In thc evcnt of a panial taking of thc Property in whieh thc faie � market v�ue of the Property imnxxliately befon thc taking is le,s than thc unount of the sums socurcd immediately before the taking. unless Borrower and Lender otherwise ugrce in writing or unle,ss applir�ble law otherwise provides, the pror.etds shall be appliod to the sums securod by this Securlty instrunxnt whether o►•not tlx sums arc then due. •'�ti If the PropGrty is abanrioned by Borrower. or if,after aotic;e by Lender to Barrower that the condemnor offcrs to make un award or s�ttle a claim for damages, Borro�ver fails to respoixl to Ltnder within 30 duys aRer the date the rwtice is given. _ I..ender is authorizod to collect and a�ly the proceeds.at its option,either to restoratfon or rcpair of the Property or to the sums , savred by this Securiry Instrument,whethee or not then duc. Unless Lc�der at�d Bomower otherwise ugree in writing. any application of proceeds to principnl shall not extend or postpone the duc date of the monthly payenents referned to in prrugraphs 1 and 2 or change the amount of such payments. il.Roarnw�r 1�:M Rele�ed;Forbearance By I.eeNfer Not�Wdver.Extension of the time for payment or modification �f'ar.:��:�^.af:,��ssz.:.�ss�c!�sy tt:i��urit;sa::a:n::sss esss:t�!b; ixs�.lar sa sny:as�ar 3n intes�t of�assn:�er�!! �t not opentc to�ka.ce the liability of the original Borrower or Bnrrower's sucoessors in interest. Lcnder shall not be roqulred to ` commence proceedings.�gainst any successor in inte�+est or refuse to eatend dme for payment or wherwise modify amonlzation .� of the sums secund by zhis Socuritg Instnun�nt by reason of any de►nand made by the origi:�al Bormwer or Borcower's j suooessors in interast. Any foTfieac�mce by Lender in exercising Any right or remedy s6all not be a waiver of or prcclude the �xercise of any right or�medy. � 12. S�o�s antl A9signs Nound;Joint and Scveral 1.1�6tlity; Co-sigoers. The mvenants and agreements of this :� Security Instrument sh�11 6ind and bcr�fit the successors and assigns of Lender and Borrower, subject to tho provisions af puagraph l7. Borrower's covenants and ug�eements stiall be joint and several. Any Borrower who co-signs this Socurity � Instmment but daes not execute the Note: (a) is co-signing this Security Inst�umont only to mortgage,grant and oonvey tlwt � Borrower's interest in the Property under the terms of this Socurity Instrument;(b)is not personally obligated to pay the sums i� securcd by this Socurity InstrumeAt;and(c)agras that Lerxkr and a�y other Borrower may agroe to extend.modify. forbar or '�� make any accommod�tions with�ard to the terms of this Security Insuument or the Note without that.Hc�rrower's consent. " 13.Lo�n Ch�u�es.If the loan securod by this Security Instrument is subject to a law which sets maximum loan charges. , � and that taw is finally interpni�3 sfl that the inteerst or other loan charges colleGtal or to be collectal in connection with the , ; loan exc�ed the pemutted limits,tt�en:(a)any such loan charge shall be roduoed by the arnount ntxessary to redua the charge � � to the pe�nittod limit;and(b)�mp swms already rnllectad from Borrower which exaeded permitted limits will bt refundod to � Borrowtr. Lender may choosc t� make this refund by reducing the principal owed undor the Note or by making a diroct �� payment to Borrow�cr. If a �efvnd reduces princfpal, the reduction will be tt+cated as a partial prepayment withoat eny , � pcnp�yment charge utxler the Nae. ' 14,Notkes.e1r�y ratice to Bortower providal for in this Security Instrument shall be given by delivering it or by mailing , it by fir:u class mait i�nless applicabl�law requires use of another method. The notia shall be directed ro the Properiy Addras ; or xny other address Sorrower designates by nottce to L.ender. Any notice to Lender shall be given by 6rst class mail to ' I.ender's addr�ess ststeci 3�erein or any othcr address I.ender designates by noticc to Borrower. Any notice providal for'in this Socurity Instrument sha�f bc deemed io have been givcn to Borrower or Lender wl�en given as providod in this pardgraph. 15.Governing I.,aw; Sevaa�7ity. This Securiry Instrt!men� shal! be gove►m�l by fedenil law and the Ie1v ofth� .- jurisdictian in which the Property is focated. In the event that any pmvision or clause of this Security instrument or the Note confliCts with appliclbie law,such conflict shall not affxt other provisions of this Securiry Instrument or the Note which can be � giveri�ffect without tht eonflicting provision. To this end the provisions of this Securiry Instrument and the Note are declaral to be scverable. , 16.ibrrow�s Copy.Borrower Shall be given one confornxd copy of the Note und of this Security Instntment. ' Fotm 3028 9180 Py�t o�a