|
; . . .� . ♦ i f � . .
<br /> ,i �+�IwA�0111M� .�� ./ ._._y..._ .���
<br /> --_
<br /> _ ._
<br /> ,
<br /> ... .
<br /> . . .
<br /> nd„Y..._.....
<br /> . . , �:,.,:,• ;�__
<br /> , . . •.� •,
<br /> ,,, --
<br /> •--.__ --------_--_—• ---- • �''!«�*�� +- --...._---_ - -
<br /> - _ _ .._._�_.�---_ _ __ _ - - .
<br /> _ _ �'' 98- �tr�ss
<br /> p�ymam nyy no loa ja be required��t the option of I.a�der,if triortg�ge Insur+uwe cover�e (ia the�mount utd foc the periad
<br /> thu Ler�der roqulra)prpvlded by an in�urcr�ppmved by L.ender Ag�►1n becoma avallrbto u►d is obt�ined. Barrower ehdll pxy
<br /> uw j�����i=uu����y•y�i�tQ S�nso,����aory�in��ineµ�r_.�p wffyrl;nr tn�rovlda a lots re�trve.un�l�he nuufromenc for martQ�Be
<br /> imuranx endi tn�ccordaneo with�ny wdtten qrremant hetween Botrower u�d Lender or�pl(cable law.
<br /> 9.Impectloa. Lendor or in�en[ nuy malce re�sonable�ntd�upon uxl intpecdnw nf the Froperty. I.onder�hall�tve
<br /> �orrower notice �►t tbe timo of or pdor to�n inspectlon�pocifying reacon�ble cnuse for ihe Irupectioa.
<br /> 10. Condr�ai�tloa.The procaA� of any awud or cl�im for dema�es, dlrect or con�equenti�l, ia aonnectton wlth any
<br /> oonlemnatlon or other tRking of tny p�rt of the Property,or for convoyance in Ileu of aondemnattoa,sre hereby�sslgned u�d
<br /> sd�ll be p�id to La�det.
<br /> In tho event of a total t�king of the Propetty,the proceedi sh�ll be�ppliod to the aun�iecured by thit 5a,-urlty Irutrummt,
<br /> whethor or not tl�ea due, with any excess paid to Bormwer. in the eveat of�putlal t�icia� of the Prope�ty in wbich the f�ir
<br /> mwrka v+�lne of tlro P►o�ert�i�rnmedi�tely baforo the taking i�equa to or goeater td�n ttw utiwunt oi the aums aecund by this
<br /> Securl,ty LoatNm�ut i,mma�QfacGRar bof.cxc rtb�e talcing,unless Borrower And Lender otherwtce�c+ee in wr(tiag,the sums securod by
<br /> tbla 9x+crit�r Lnsuur,nec4 slul� 6e¢odw,rd by the�m�ount of the p�aowdt multfplied by the following fraction: (a) the cocaR
<br /> amw�nt Qf qb�e�uw sacum!nAqmediateEy before t�c aakl�,divided Oy(b)the feir m�rka v�lue of the Property ima�odiaceLy
<br /> befweti tl�o ta�i�,$,A�6eJ�a�ce_sh�E 6c p�ind ta BoxROwer, In the cveat of a puttal t�klns of the Properqr ia�w�e}ch tho Fair
<br /> au�rket va�qc¢�vbe Property immodi�eli�r hefore tAG taknc�ia kas tlwe the amount of the wms secund insmodiately be�'axe tb�e
<br /> �g.uuk�,I�rrower and LendeK�c,'PatiLSC agrx en writirt6 or waicas applic�ble l�w d6txwiae pmvidcs.tGe proaeds sha�i
<br /> bo applied tb�iie suav sec�ued by this'S1�w�ity Insauno�cet whether ot�aa�he sums ati^e�heu due.
<br /> tt t6e�roperty it a�i,tmdoned by Borrowet, ar 6�x�fittr nodce by Lender tm$ct��r ihait the oondemaoc affers to malce�n
<br /> awat�d a�c�e!ile a cl�im for dRnuge�,Bormwer fiiCg to reapond to I�ender wieRa6r.r.',�0�ri a�la'tbe date tfie�otice u 8iven.
<br /> I.e�r i�x ai�'�hp�.tiud to coilect aad�pply t4c groaxds.ut its optioa,either to resto��n or rc�Sf tt�e���ry�oa to tt�e seuns
<br /> ��yt this�auriry Inttntment,wh�ther or uot tbm due. � .
<br /> rileas Lender utd Aoirower othetwise agroe in wtitiag� i�Y aPPlicuIon of procteFis�a �rrl%�ip,Nl s`tan�� ribt a�nu,�t
<br /> Past�One ttee�dnie af t�to�nonthlY P=Ym�nn refernci tu in p�ragtaplu 1 and 2 or ch�nKethe unourn�s��ch,sqyq►eau. :-, ,;_
<br /> 11.Eae+owa�Not Rde�di F���'��'Not s Wdva.Extension of ihe tiine�for p�ytnens or modificuion �
<br /> oi amortization of ttre�unu�ecurod by tbb Saurlty xauvmeot�r�is�acd by La�der to my a�oexssisr in ibteresi af Borroaver icall �
<br /> not c�pecLte to relt�ae the ILbuity of the ori�inil Bormwer or&►qa�ver's:nxeswn in irnerest.l.�ender�6a11 not be requiied to
<br /> oomc�oe pm�tieed[ngs sg�inst�ny sucoawr in intemt or nfuse to sztend Hme for piyaxnt or ahecwlse madifj•amoct�ruZi6n
<br /> of the� iocurod by tbit Sacudty Imtrument by treaaon of u►y Qemmd made by the ocigical Borrower or Barrnwer's
<br /> woce�on in inter�t.My foibaranoe by Lendcr tn exerci�tng�oy dght or nmexty�Il noc be s advet ot ar proclwle tbe
<br /> exerciie nf tay riqht or�+emody. "_
<br /> 1�.�SacccMeo�a u�d Mel�m Bouild� iolet� Sever�t�Ua�biNtyt Co�itnan. 'Ihe covt��� �•,ot�:tbi�
<br /> Sxudry Itiattummc �ll blad �ad beaeflt tLe �►ovessors u�d.�ssi�us of L�erder aud Bomower. aubjax to the pmviaia� of
<br /> Pnn�q�t► 17. Bomor�er'e cova►tnu �nd aaroementp.'shsll be joint �nd �►er�l. My Bormwer�wbo oo-t�i� this�5`ec�irtty
<br /> 1n�ccumeac but doos not caocute�he Note: (�) i�eo=sigaiina tdls Soc�rity Insuumeut only to mortg�ge. gruu�ad rnnvey iha
<br /> Aormwer'e laterat ia tbo Propeity uader the t�rais oi this 5ecurity Inununatt;(�)i�na penonatly oblig�tod to pay tLc suuu
<br /> �ea�red by thia Socutity Uuuumeat;�md(c) �roa that l.ader u�d any other Bo�rower m�y. on w exta►d�modifY,forbe�r or
<br /> m�ko�ay a000t�mocWiom with naud to the term�of thi�Seeudry Imuumeat or th�Notews�ut ttut Bornnwer'e oaucnt.
<br /> '13.I.out CharLes.If the lom eecured by tuls Secudty Iatnumeat it zubjoct to i lnv which�eu m�ximum lwa ch�rScs�
<br /> `. apd t6as law is tu�1Jy itlterp{�eted eo tbat tbe inte�st or otUer lom durgea oollaxad or a be oolleqod iu 0000axioa with tUe
<br /> ' lom wcoeed the•permitted�inhit�,thea: (�)any such lan ehttge s1u�U be reduood by the�mouqt neoe�ary W roduoe W�s.ehuge
<br /> to the per�afttod limlr,aad N)�►9 wau drudy oollaxod fcom�jt;owa whk�exooeded�pcindttod linoiU wiU be refiindod to
<br /> � � Hoteewet,'I,s�da nuy cboo�e w uWce tt}i�refund by oeduaiqg ttie prIncipil awad wder tho Noto or bY m�tieB.u d�rax
<br /> t�:" ito�Boe[owa. If s nfimd re�clucd p�incipsl..the roduciion wlll be tcr.�ud u $;P�� P�W� ��►�t��►Y
<br /> �� ��at�e liader the Note. : , , ., , . � ..
<br /> . �t� .
<br /> �.� .,�. 11.,�btloa.AaY aotioe to Hortowtr pmyiderD for�iif this SeCUritY Instnimaat�siiall bo�givpt by delivOric�it or by m�llin� .
<br /> it by tu'tt class m�il uolea�pplk�bla;Yrw s�9ui[�,+`ase of�uot11ex r�ethnd.The not1ce tlnll�be dlirected W tLe�aperty Addcets
<br /> a aay �tlitlX addne�Haro�rea desi,gnatcs_ by tatice ta Leade�:;Any najoe to I.e�der�}tall be pvm by fu�t cl�u mW w
<br /> I.mde►'s Nddre.0 sta�ed berein cx any othbr ddran I.ender deslgnatw by aotioe to Borm+ra.Aay nake provided for in tb1�
<br /> Secx�rity Inmu�ent d�li be daaied to tuve besn Sivea to 8orro�ver a i.eader�dva�s provWed ia diis pwr�npb. ,:
<br /> �t'��-
<br /> ' 15.Gaerrt�l.�wi Scra�bYKy. 'Ibis Sa�riry I�utnu►xx►t sh�ll be governal by feder�l law �od the law of t6e ;1�•,.
<br /> juriidle.tioe'iq �6ic6 the Propetty i�loc�ted.In�he event th�t�y`�provision or elwu ott6is Socnrity in�uumie�a a the Nate •' '•.
<br /> oontlicts w�x�.rppl�qble I�v.such c�onflkt sh�il not�ffoa aaea(�re�a,�ons of this Seairiry Inucument or tLe Note wh�ct►c�ua be
<br /> �ivm otfect'ivitnout�be coatlkk:tin�Pe'ovhioa. To thi�wd dr'e p+�a►.��oos of t�is Socurity inmumeat md the Note�re declued
<br /> w be�everoble.
<br /> li.aaor►�er'i Copy.�orrower shat:bc��rs a��farmod oopy a�tbe'fi�±�e•*yJ o�thts Socudty Iaativmeat.
<br /> ; -� Famt02!„!1�
<br /> ��MNN�1 N=tm.oa r�y.s�s �„�++�:�
<br /> _�`yrp
<br /> .r. ?� ��t.L..•�
<br />
|