|
:.�
<br /> .Y -�."' -" - .. y ';.. .�-�. '.
<br /> ...a �.._,..�.��-�,
<br /> .uw�./d�r i�".7;t�� .��.. � .
<br /> . ...er._�:�'-.
<br /> .,RY�P=
<br /> .. � - _-;,; a4::�'=°_-
<br /> . . , , .. . .z.:�� .._..
<br /> . _ . '. . � . .�_�:4":,--
<br /> „ 1� .. . .. . - IwY;l�.
<br /> ' �l
<br /> ,. �i
<br /> ,.
<br /> , , ��• ���'��1��1i11�����"'•;'":,,;�r��jl���.
<br /> � ' � � 1Q S � ..
<br /> . g7..► �3 �.
<br /> *� at the option of I.ender. it rnortgege insurance coverage (in the amaunt and tor the period that I.endar requires)
<br /> provided by an insurer apprnved by I.ender again becomea available nnd is obtained.Borrower shall pey the premiume ° '
<br /> ���`''"�` required to maintain mortgago insurnnce in otfect,or to provide a loss reserve, until the ra{uirement for mortgage °''
<br /> '����� insurance ends in accordance with any written agreement betwan Horrower and I.ender or applicable law. '�'
<br /> i 9.Inapectian.I.ender or its agent may make r�usonebla entries upon and inepections of the Property.Lender shall �'_�_`-
<br /> ' giva Borrowor nauce at the tirne of or prior to en inspaction spxifying rear,onnbla ceiu;e for the inspcetion.
<br /> . 10.Condemnatioa.The procads ot any eward or claim for demages,direct or consequentiel,in connection with =
<br /> any condemnetion or othor taking of any part of tho Proporty,or[or conveyenca in lieu of condemnetion,are hereby ,_
<br /> essignul and ehell bo paid to Lendcr.
<br /> • In the event ot a total taking of tho Property, the procetde ehell be applied to the aume secured by th3�s Security ' ��"-
<br /> t Instrument,whethor or not then duo,with any oxcess paid to Borrower.In the event of a partial taking ot tlie Property an, � ''�
<br /> r� which the fnir msrket value of the Property immaiiauly before tho taking is equal to or greater than the amount of ihe -
<br /> . . *� sume sxured by thie Security Instrument immediately bciore the taking,unless Borrower and L.ender otherwise agr$e
<br /> in writing,the sume secured by thie Security Instrument shall be reducod by the amount of the proc�eds ant�l�iplied by %��
<br /> � the following fcaction:(a)the totnl nmount of tha sums socured immediately before the taking,divided by(Hy the fair .;�j:_-
<br /> � market valuo of the Property immediately before the taking.Any balance shall be paid to Borrower.In the event of a -_
<br /> . partial uking of tho Property in which the fair market value of tha Property immediately before the taring is lese than �'�^
<br /> , tha amount of tho suma secured immediately before tho taking,unless Borrower and L.ender otharwiscegrea in writing
<br /> or untess applicable lew otherwise provides, the procads shall be applied to the aums securec: by tliis Security �=,--
<br /> Instrumcnt whether or not the suma are thcn duo. �`=
<br /> If tha Property ie abandcsned by Bonower,or if,after notice by I.ender to Honowor that the condemnor offers to E�_
<br /> make an award or rettle a claim for damages, Borrower faite to respond to I.cndar within 30 days etter thd date the =
<br /> ,, notice ie given,I,ender is authorized to wllect and apply tha procoeds,at its option,eithar to reatocationor repair of the
<br /> ' Proparty or to the sums securod by this Security Inetrument,whothor or not then due. ��_-
<br />----.__-- Unless I.ender and Aarroaer othnrwir,e a„vree in wrltlno,Any npg]l��tion c�f pT4!'��to Fti1l�i�.+& N.l�?I1 �Qr wviPnd Qr !u'==-
<br /> ' postpono tho due dau of the monthly paymante refencd to in paragraphe 1 and 2 or change the amount of euch a'•-
<br /> � PaYmcnte. -
<br /> � 11. Horro�ver Not Released; Forbearanco By Lendcr Not a Waiver. fixtenaion of the time tor paymcnt or =
<br /> •,, ; modiFicntion of amortization of the sums socurod by thie Security Instrumant grantod by I.ender to any successor in -_
<br /> � inurest of Borrowor shall not op�rate to release the liubility af tha original Borrower or Horrawer's suocassore in
<br />�<.;,,t,.; ;��_� � inurest.I.ender shall not bo requircd to commences pr000adinge againet any succeseor in interost or roivse to extend �-
<br />;uy,'.�..:�,�: time ioc paymauC ur ui.IiCrwit�c muuiEy am�rfi�aiiuu ui ti►n aumn ncx:ured uy li►ie Se�:urity Iiu�irum�nti by reason uf uuy - -
<br /> , , '�r demand mnda by tho original Borrower or Bonower's sucoessore in inurast,Any forbearance by Lender in exercising
<br />_ y ' any right or remedy shall not bo a waiver af or preclude tho exercise of nny right or remedy. -
<br />-S� ..�,�+ �� ' 12.Successors and Assijna Bouad;Joint�nd Several Liability;Co-si=ners.The covenents and agcxmente —
<br />:�� ';� of this Security Inetrumentahall bind and benofit thv euccessors and essigns of I.ender and Borrowa, subjxt to the
<br /> ,�,�,;_�x::.:•�,
<br />��,�,-• provisione of paragraph 17.Banower's covenanta snd agraments shell bo joint and sevaal.Any BorroRer who co-signs
<br /> '4! • ' � thie Scxurity Instrument but does aot execute tho Noto: (a) ia co-signing this Security Instrument only to mortgage,
<br />���;"�'". grant and convey thnt Borcower's interest in tho Property under the terms of this Security Instrument; (b) is not
<br />--��-•„r personally obligaud to pay tho sums securai by thie Security Instrument;and (c) agras that Lender and any other
<br />�=�;�::�+.�:: f Borrower mny egrx to extrnd,modify.forbear or mr+ke any accommodations�.vith regard to the terms of this Security -
<br /> ,.: - Inatrument or the Note without that Borrower's consent. _
<br />_"t�.'�`. 13. Loaa CL�rEes. If the loan securcd by thie Security Instrument is subject to a law which sete maximum loan
<br /> F����• ` charges, nnd that law ie finally interpreted so that the interest or other loan chargcs collxted or to be collectod in =-
<br />_-- :E connxtion with the loan ezcced the permitted limits, then: (a) any such loan charge shall be roduced by the amount �.-
<br />��t}7,��;.'� necessary to reduce ti�e chnrgo to the permitted (imit; and (b) any sume already collected from Donower which =�-
<br /> •i'.i.�.Wr^r Q.:.
<br /> • oxcexded permitted limita will be refundad to Borrower. L,endes may chooue to make thie refund by rcducing the
<br />�J��.�+� .•, principal owed under the Note or by making a dirxt payment to Borrower.If a refund reduces principel, the raiuction �-=
<br />;::.. .._. _...
<br /> �,,;,�- •, will be treated as a partial prepayment without any prepayment charge under the Nnte. _
<br /> " "+� ' 14. Noticea.Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by
<br /> � , mailing it by first class mul vnless applicabla law requires use of anothar method.The notice shall be dirxted to the . '-`�
<br /> � � Property Address ur any othar eddress Borrower designntes by notice ta Lender. Any notice to Lender shall be given by
<br /> first class mail to Lander's address stated herein or any othor address I.ender designates by notia to Sorrower. Any ---_
<br /> notice provided tor in thia Security Inatrument ehul!be deamed to hdve boen given to$orrower or I.ender when given •�
<br /> as provided in thie paragraph.
<br /> 15.Governin6 Law;Scver�bility.Thie Security Instrument shall be governed by federal law and the law of the -
<br />" � jurisdiction in which the Pro�Orty is located.In tlie event that any provision or clause of this Security Tnstrument or the
<br /> Note conflicts with appliCable ln�v,such conflict shall not affect other provisions ot this Sec�rity Instrument or the Note
<br /> � which can be given effect without the conflicting provision.To this end the provisions of this Sxurity Instrument and
<br /> �..�. tho Note are declarai to be sevcrable.
<br /> . � �-6RfNEl�o=��►o� Pq�1 of S F�rm 802�
<br /> i.,kui�:
<br />— � � ` .
<br /> �i�+.;L�irw,s.s�r:_.�.....-.«— . .. — .r . . . .
<br /> • .• i..Y'H:S�MI.1�Kt�yp�iC+rSiiM�xlksA,.. . . :v ..:a.
<br /> � __ - --
<br />
|