|
,. ,�: . . .,.F�
<br /> - - — - _.��..� �=---rt��� ._��_ �.:iz�
<br /> . �` �� . �_ � _ .;._ �. .r . ~t - 4_'.` .+�a. :,.(�- - t i� �c�-� - Y -: --
<br /> i t��'< z c - : r a' ' c
<br /> '. ` _� .�*4n., 5���. 2 . s r . - „ .- .y� .tl - s. . r 4 �
<br /> f ' . 4 } . ' 'P H
<br /> ��x� __` ( ` .:� f c . !. t ` .� 1 i. .4 S l '
<br /> i C f 5'.: �'��4 .. Y^ S. . _ �i. �1 . -1 Y i..
<br /> .. �.., �o ;} . < ast �. c t . ` i g ;'C,;'
<br /> . 4�S( '� �. '�Y.' `�`. .. `Y'.4�• ti ) <, cu.,' `C .s'• .c4' r _ L '• .
<br /> -if :�` -d � �)t�� � '�7 t � � „ ' '� _Q' ` 4• _ t .� `5• _ ,� •�. �.
<br /> ..�. �V -" ; _ c , . . ' r . � .
<br /> }�, br i
<br /> 4��` t t'. ' .6 ��T J � y t 4• 4 F.�.�� � ' F l='..:: YG-t 4 .�R.. ./ a �7. C' .
<br /> �"c` (♦ V�- ' .L. .. ,u _ F.- 1 k' F�� � a ' �t. 7,. n F
<br /> � � ..tif` Vn��� .F. t. ^ ,f. . (r �` 't � _ r.'� �� 4 t , L �
<br /> �a! � . c c:� - ti s. � ; _ . - .. .j� .�. � € � �
<br /> - tif - - i .e , i . , - �4. t '� 2. (� ,,�. �:
<br /> tl". c•..p,(, , _ P t�C£� •[�" .F�:'.. � ) �
<br /> � e �fI � ;r �,.�.;
<br /> �� '`'�
<br /> < (` ��`@ �a�for�the�a3 �.``
<br /> � ;e:�' paymenU rua�,uo longer 6e required,at tfie option of Lender.if mortgage ins�rance wverage('m amauni md Fer� - -
<br /> �a� Lender a be�omes availabte and is aLtained.Borrovrer shafl pay �`���-
<br /> , �s� ' that Leader cequires)Provided bY an insuter approved Iry �aain — --
<br /> .' t �
<br /> ' �, � the premiums requiied to maintai�mortgage�*+�+,�nos in effect.os to provide a loss teserve.until tgte requixement for mortgag� -
<br /> �--.a. ������oordance with any wriuen agreemeat between Barro�ver and I.eader or applicable law. �` ;:
<br /> " ' _ 9.Iasp�ctio�.Lender or its agent may make reasonable entries upon and inspaetiams of the Fropercy.Lend�r s�at!gnre
<br /> ,� :` � %
<br /> Borrovrer motice at the time af or preo�tu an i�pe�ian Specifying reasonable rans,°for the u�pection. �` _.
<br /> '• � , 10.Cm�os�.'ti�e Pmce�ds of aay a�wmrd or ctaim for damages, dire�or aonseqneatial, ia oonnectiau with any .� °
<br /> s..;, ;� ".°:- � wmdemaatiom os.other ta2dag of any p�t of.the Property,ar fos caaveyanoe ia li�of wndemnation,are hereby assegned and ,...�
<br /> � •. i�:.�� :-
<br /> �"°..:. � S��C�[�I.Ct1de[. . ENii -
<br /> In tt�eeve�5u�5�totalta�ingof the Property�,.th�+psaoeeds shall 6e applied to W�sums servted by this Sectnity Iiamau�ent�. I���j,
<br /> - �k� �e � :. . . ...
<br /> crl�eU�r or aos[hen�..tKitd:any_excess p�;ta Bwrawer.In the eveaos.af.:a;patt}al taking af,the Rrc�peity.:iinwhic6 the ft3tt:
<br /> ma�icet vatue of the F.�ty,,�medi�e2Y befose ttta�S��tO°r�ttran.the aawunt�af�tlie ssws secuied try tiiis�?��. �;, .-
<br /> _ 1. ` .
<br /> � ge�auiry inst�nment im�3&t�stitiefa�e the m�ng,wntess Borrower aad I.endeir bth�se�in.attiting,the snms se�ed bY .::� �_
<br /> ° � ;
<br /> '` '� this Sacarity Insmimeat�sh311 t4,y:t+aduced bY the amownt of ttie pm�ds muIdplied b} 1#�fotlowing fraction (a)the tatal
<br /> �..��.... r` amouat of the sum4 seca�ed�ately before the tatcing,divided by(b)!he fair max�vatne of the ProgeRy iamtediatelY i� :
<br /> 6efore the talang. A�r balanse shall be paia to Barrow�t.In thc event of a part[al tatang of the Pmperty in which the fair . • �_
<br /> ;�,`:�: �,::-r
<br /> market valne of the Propeny i�ediazely beforc the taBing is t�s tt�aa the anuou�of tf►e svms secared•�ediateiy befure the
<br /> �� taking.wtless Bormwer and�.ender othecw�se agree in writiug or unIess applicabte law othetwise provides.the pro�eeds sbatl , �. .,
<br /> .;���f. ��. ,` 6 e a p plied w thc snms sewred by this Security Insavment whether or not the sums are theu due. . .'.�.. , �" -
<br /> f, : ., ., ` ff the Property is abandoaed by Boaower.or if,afier notice h Le n d e r to Borrower t h a t t h e c o a d e m n o r o f f e c s t c��k e a n �
<br /> . . Y ��'.^,_`::.
<br /> . •.' y" . award or seuIe a ciaim for damages, Bormuver fails to respond to LendeF within 30 days after the dat8 the notice is�i�.�-. �.�_
<br /> � ' ' at its tion,either to restora6on os repair of the Property or w the,su�..: �, _
<br /> � Leader is authori�to wllert and apply the pmoeeds. uP . —
<br /> ---. .. -�..•� ; secuced by this Security Insaument.whether or not thea due. - . . !�? -
<br /> �• Uaies4 Lender and Borrowes odterwise ag�ee in writit�. aay application of proceeds w principal shaTl ao��c.�dr���s`-'
<br /> �: �.-_
<br /> ; `: ,, ,4' �., j. Pastpone the dae date af the atoatWy payments referred to in paragraphs i and 2 or change We amouat of such paym�fs..�:`~.�.` ,.. __
<br /> . ,.��F � �.�_ ll.Borr+acver Not Retease�For�m I�Y l.eud�Not s Waiv�F.xtenSlon of t6e 6me for payment or moiddzcatimi_ ..
<br /> o f amortization o f t h c sums secu�ed h y this Sec�Iastmment granted by Lender to siry successor ia iut�rest af Bormwer s�all :
<br /> '��..., f ` '..•�.� not opetate w retesse the liabiliry of the origin�Y•�rrawer or Bo:rower's successms in intetest. l.ender s�aU nat 6e.requi�ed to _
<br /> � • r
<br /> ;'°..ti�'��' F�,* •'., .t oommenc,e pmaeedings against aay successor in interest or refn.se to extend ti�e for payment or atherarie madifY amortizadon --
<br /> , � � _--
<br /> : � of the�wns secvied.by this Security Insavment IsY reasorz of any demand made by the original Eoaower or�orrower's
<br /> w
<br /> � - sueoessozs ia interest. A�sy forbeaiance by lacder in exercisirrg an►y clght or remedY shall rrot be a waiver of or preclude tlie =
<br /> � � � � � �4 exercise oY any right or remedy. _
<br /> �''��� � 12. Snoae�so�s aad A�s Bo�md;JaSntt aad S�versl L[abDity;.�g,aws. 'ihe covenants and agc+eements of this . ----
<br /> �, e
<br /> - '� ';:, ��f Security Insuument shall bind and benefit the su�oessors aad assigas of Lendes and Botrower, subject to the pmvisions of . _:_-
<br /> � • . �r;G Paragtaph 17. Borrower's coveoants�and agreemenu shalf be joint and sevetal. Auy Borrowes who oo-sigas tlus Secarity �_:z.
<br /> . .. . �� '` Instrument but dfles not execute the Note: (a�+s co-sigaing this Security tnstniment only to murtgage. graiu and convey that _...
<br /> ..'.' '� �# Bormwer's intet+est in ttie Property under the ts�of this Secarity Insuument;(b)is not peisonally obligaied to pay the sams =--
<br /> • i.,_.
<br /> ,.�,
<br /> .. ., .• :'s.:,, secared 6y this 5ecarity Insnvment:and(c)�that Lender and aay other Borrotver may ag�ee to extend,modifY.foz6ear or �-
<br /> . . . �.,� ki;��, . �-�
<br /> • - � ., �;,.,:
<br /> ,�::},.;.., ..';;. .��r'�;:. make auuY accommodations with re�,t�.-d to the teans of this Ssi.�s�itY Instrument or the Nate�vithout that Borcower's caaseat.
<br /> J��, .�;� 1�,.�;�1:L a a n C S a t g e s.I f t h e T.a u n.s e c u r e�b y t W s�S e c u r i 2�T i:s h u m e nt is sub ject to a iaw which sets maximnm loan d�atges. __
<br />-._t��rr"r: .. �'.�f:.� ' and that taw is finalty interprefs��that the intenest•or o4Ees:loan cha�es oolteded or tv be ooltected in oonnection with the `_
<br /> ,,.. �•:tfr,.,
<br /> �.��:;..`'• '.���,i,.l toan exceed the peimitted limits.then:(a)aay such loan charge shall be redaced hy the amount neoessary to redace the c e
<br /> ;-;�,,s�.;,-:; :.�-,.:,. to the pemsitted Iimit:and(b)anY sums already coltected from Banawer which eaeeed�d pemiitted Iimits wiU 6e c�funded to ° ;.`
<br /> ,r,�{,��, '{:: Borrower. I.cnder ma choose t� make this nfund by redr�sing the principal owed uader the Not$ or by making a dlrect
<br /> ' v u1.^-_.
<br /> ,irY�3: .� .t... ; _ } J _.__.:
<br /> �,���� • � payment w �omrwer. i f a c�e C� r e d nces princi p a l; d�e r e d u c t i o n cviU 6e treated as a pa�tial p r e gaymeat withont auy •�.;9;,
<br /> e
<br /> . '-�, yrepayment Charge nnder the No2r.:� ..-.
<br /> �.. �:. 'f 14.Noltas.My notice to Borrower pra�i�ed for in this.Sec�trity+tastrument shall be given by deliveiing it or by mailiA� �_`;:.
<br /> ��f���� -
<br /> .. .y.`�,
<br /> ie b y first ctass mail unless applicabte law requ:res use ef another method.The aotice shall be directed to the ProDerty Addre.ss ��..:
<br /> �• �,n
<br /> �. � '` �� } or ariyr other address Borrower dcsigaates by notice to L�stdcr. Any nutice to Lender sha11 �e given by first c lass m a il to �;-:
<br /> .,f{f4•,'s ,',... �
<br /> ,;�p,,, : °; `� Lender's address sfated hereln n.r rrny other address Lender d�::gnates by notioe to Borrower. My notice pzovided tor in this �,:._
<br /> Ser�urity Insuument shall be deea�ed to have been given to Borrower or Leader when�iven as psovided in this parag�aph. ��,..,
<br /> ���'`•' � ' ''�'` .h 15.Coveraftt, Law; StwerabSl�ty. 'I�is Security Instrumem shail be goveraed by federal law ruW the law of the �
<br /> ,,:. : :._�. � �=�
<br /> jurisdiction in ahic�e the Property is tocated.Ia the event tt�at any pmvi�ian or clsuse of tAis Se�vrity Insuument or the Note
<br /> . conflicts witb applicable law.sucb conflict shal!not affert otlt�provisions of this 5ecutity Instrnmettt or the Note whicD can he �.=�
<br /> �`�':`;:` ":,,' . ,, ven effect without the conflicting pmvision.To this end tke provisions of this 5ec�uity Inswment and the Note are dectared .
<br />-_'�;�i�'R:c'>:'..- , g1
<br /> ::����:= ;: ` `� to be severable.
<br /> ,��.� � j 16.Borrower's Copy.Bonower shall be given one conformed wpy of the Note and ot this 3ecurity lnstniment.
<br />- . ,:: i E ' Fanm 3028 9/80
<br /> �.. � j Caga 4 af B
<br /> . i
<br /> � . . .
<br /> . ... . _ .. . • .
<br /> - � . . - .. .: „ •� ,
<br /> ._. .... :. . ........ ... . .� .. . :- . . :. . _ .. _ _". _ .�.._ .. .. .., .. . .. . . . . .... ... .
<br /> � • � . .. . ' . . �' _ , . . _ . .
<br /> . . . . . .. .. . . , . .. i .. .. _. . . � . .. . . �. ` ' . , � ' -- � .
<br /> � . . .- . . . • ' ' ' , �' i .. . " . - . . . . ' ' : ,. _� . � .. . � . . .. .
<br /> �. '' . - ' fl ,. . •� � . .. ' . � . . . . . . • . . . ....` ...
<br /> _ ' ' `' . . • . .. ' . , . �. . .. .. . . . . . ' . ' _ , . � •� ' .
<br /> .. . .. ..� � � . . .. ' . - • . - • , .
<br /> . .
<br /> . . .. . ... . _ . . _ . ., . . _._.. . .._._ .. __.._ ._� .._. ._. � _ ..'_._.___ _ _. _
<br /> �__.__„'. ..'__7. . � . .
<br /> ...-_. ___ .. __i ..__..___. ...�. .__ ... -. .. __. - :� ._ _ ._ _ . _ ___ ' . . .
<br /> t ��., i�. � . . - - � �q. •. ` � '�. . . '
<br /> 4 ... • ' . t•. �• ,. ' , � ' r+• • � ' •. .. . ' N � �+ , � . ' J ' • '
<br />
|