|
J �
<br /> �
<br /> � ,�a... 11�...... .. � I .. '- -i�,��i �`•. ,.
<br /> . . ....� . ., . , ..-t:r��_ '����..a..
<br /> ` .�H•�''-.�y'°.'°'.
<br /> . , . - "..T:'`__—
<br /> .. . . �•�—
<br /> � ' . .-�.��! y�,,
<br /> ''..par,l���•� . .. ... _.. .�-r.t•. .... . . . .. ... ' . . . , ....�i . . ... . ._ . . . . � �,i�•_�
<br /> r.'�a
<br /> 97�-iq�33
<br /> I�Y
<br /> mcnts may no longcr I�e requircd.at ihe option of l.cndcr,if martgegc insursncc cavcragc(i h�ncd(Barto crchall pay t�hu
<br /> that Lcnder rcquires)provldcd by an insurec approved by Lcndrr egain bocomcs availablc an is
<br /> prcmiumx rcquircd to malntain maRgago insuranco in ctfoct, nr ta provida a lass rescrvo, until thc rcquircment for mongugc
<br /> insurancc ends in siccordancc with any writtcn agrcemcnt bctwocn B�rn�wcr and L.cndc�r applicablo law. �ndcr shall ivo ,
<br /> �, 9.laapectba. L.cnder a its ageat may make rcasonablo cntries upon und in tinns of thc Pn�pe:rty• R , ,�5,
<br /> ' � Borrowcr notica at U►a timc ot or pdor to an inspocdon spocifying reasonablo causc for thc inspccpan. <,>•�--
<br /> ,.,w�"'�` 10.Candemn�tbn, 'Itie procecds of any award or claim for dtunages, dircct or cnnsequcntial, in connxtion with anY `t�.,
<br /> '�•�'"'�`� condcmnation or othcr teking of any part of thc i'ropGrty.or far convcyancc in licu of condcan�atian,arc hcrcby assigncc!and 3__
<br /> �' shall be pa�d to Lender. ���:�.
<br /> In thn event of a total ta�ing of tho Pcopercy.the p�oc�ds shall be applted to the sums securGd by this Security lnsuument, _ ,
<br /> whe�hu or not then dua,with eu►y excess paid to Barrower.In Q►a event of a partial takin8 of th4 Pr4P�'�n which the tair market _
<br /> � , value of the Propercy i►nmodiataly before tha takinE is eclual to or greatcr than tho amaunt of tha sums svcurcd by this Secutity �:i_
<br /> Instniment immedJatoly befora tho taking, unless Bormwer and Lcndcr otherwisc e8roc In wriring, thc sums secured by this .-
<br /> � �*, gecurity Inswment shall be roduce;d by the amaunt of the proceeds mulqplied by tho fUUawin�frnction:(a) the total amount of „`—_
<br /> �� �t►e sums sxtued immtdiauly before the taking, divided by N) �a fair markct value of tha Praputy immrdiatcly beforc thc
<br /> � �• talcing,pny balance shell ba paid to Borrower.In�ho event of a partjal taking of tha Propecty in which thc fair markct vdue of the :,-
<br /> :p p�aperty �mmediately hefore thc takin8 is iess lhan the amount of the sums securod irt►mediatcly before the teking, unless p�i-..-
<br /> +' Borrowor and L.ender otherwise agroe in writing or unlass applicablo Iaw otheiwise provides�the proceeds shall tse applicd W the tF
<br /> � L�6.--
<br /> sums socured by this Saurity Instrumu►t whetha or not tha sums are then duc. ��_
<br /> �'� If the Property is abandoned by Borrower,or if,after natice by I.endcr co Borrowct thac the wademnor offcr� to make an �„�.
<br /> ., award or seWe a cleim for damages,Horrower fnils to respond to Lender within 30 days after the datc the notice is givch,Lender _
<br /> �`_. is authorizod to coUo�t end epply the proce��F,at its option,either to mstort►tian or repair of the Propaty or to the sums secured
<br /> by this Secority Insdrument,whether or not thw duo.
<br /> � Unless Lcnder and Borrower ot4�erwise agree ir►writin8.enY ePPU�tion of proceods w Principal shall not cxt,end or postpone
<br /> thc due data of the manthly payma►tt,mfcrred to in puaBraPhs 1 and 2 or change the ama�u�t of such payments,
<br /> � l 1.Borrower Not Rekasedi F�r�T�nce By Leoder Not�►Waiver. Exterision of the tune for payment a modif'�cation
<br /> ,.. ,; of emorti�don of the sums secured by this Securiry Insm►mtr►t granted by Lendu w any successor in interest of Bonowcr shall
<br /> ---- nQS Q�,�rn mleaze the Ilabiliry of the ori�inal Borrower or Bonownr's sucr„essors In interesG Lendu shaU not be required w
<br /> ;; ��,�p�ings against any successor in inte.rest or rafuso to axtcnd time ior pay«�+d�rthczss��dif���tiQr_of
<br /> ��� �� ' ' the sums secuccd by this Sxurity Inzuurt�e+u by reason of any dcmand made by the origtnal Barower a Hortowu's svccessocs
<br /> y�1:•:;••�;� ; in inte[es�My forbearana by Lenda in exercising eny right or mmedy shall not be a wuvea of or proclude the exc�ci.ae of any
<br />_ �^'`��'''�"° . right oc remody
<br />} •�; � 12,guc��s#Ad Aa5lgos Bound;Juint�e�d 5everal Li�bUity;Co•s6gQras.'I'he caveaants a�a� agreements of this
<br />=`z.���• -:.....
<br />�'a!''�:'�'J � Socuriry Inswment swll bind and benefit the successors aod assigns of Lender and Borrower, subjact to the provisions o
<br /> ����=`*��� h 17. Bocrower's cova�anls and agteements shall be�omt and sevrrai. ,'�,�y �orrawcr crho co•si^ns ehis Sece.*ity =
<br />-��,;,;"'. Insavment iwt does not exccute d�e Note: (a) is co-signing this Security Instrurnent anly to mongage. grant and comey that
<br />�,_..:_.,`H. ,
<br /> .�;,��;,�' Bomnwa's int�erest in the Propecty under the t�m►s of this Security Insuument;�b)is not personally obligated W pay t1►o sums
<br />�_.'��,�;f�� socured by this Socuriry Instrument;u►d(c)agrees thac L.ender and any other Bo�ower may agree to extend,modify�focbear or
<br /> �-��=:.- make nny accommodadQns with cegard to the terms of this Security Insuument or the Nou vlithout that Borrower's cauent
<br /> ._.�,��
<br /> �,,,.��_�-�� 13.I.oati C6�rga. If the loac►secured by this Security Instrume,�►t is subjact to a law which sets meximum ioen c es.
<br />__��,;,,,��� and that 1aw is finally intupreeed so that tho inteiest or other lo�n cherges collected or to be collected in connocdon with tho loan
<br /> =`_=�3��i excad tho pamittc�d Wni�,then:(a)any such loan chargo shall be reduced by the amount nece.�sarY w reduoe the charga w thn
<br />"-"°`�°`� petmitiod limit;and(b)anY sun►s a�eadY CO�t��0m Boirowcr which exccxdod pern►itted limits will be refunded to Bocrower.
<br />�":,-`t:'i
<br />�,`;V , r• Lendu may choose w make this rfund by re�lucing the principal owed undu the Note or by maldng a ducct payment m
<br /> ����•._ ment without any prepayment charga
<br /> , f;•.�, Borrower. If a ntund reduccs principal.the reduction will bc ueated as a partiel prePaY
<br />°�� r�
<br /> ,;c'. under the Note.
<br /> '-=L�
<br />
|