|
. 4:`:
<br /> .�:•
<br /> . ,� `. ' -
<br /> :»�•
<br /> t. . ,�„ _.�..rr�'^°
<br /> . .. .. ' - . _ '.;,1^l y�
<br /> '� . - .. . _..,_..._ ._. � -_..
<br /> .. _ . _. . . .. ��. ..� .. ..t�+ty41t,1.�W." .. � '.F_�s"-�'�' ..
<br />- - .�t � �� - �y.. .�ty > • .. � . � , � - •�.�. ti• .., +c , , . .�.�� -�-� .• � styr +f�� _- -----
<br /> �JL .�'.a�u.�. �� � . ...1�Y T� ..
<br />�•v�r.a�o � .�.`�.,i.�.��:E`„',"�il'•'• .. !' . . . . .. -�f.��i td'71�. .�+:�` .�.'-'-� • ' ' -- t,fi�Ak.�.'.`�.�!aebf7rva .. ..,�.. - --
<br /> - �4 +,�' . .... ,... . . ,. , ._ . . �. . ....-. ...... . . .. . .. . .. . - . .g1�.,..r-1_.1:.:�..
<br /> k., , . . . . . . . . . . �.�" • - , -� -
<br /> • .i1�'::'-- ,.� 1/•�� L ' ••, . . . . .f� . i .. . , , �µ�i,fA -
<br /> �`• .�:!�/���.�y��.'� } ' �(�x�a-�rl'�i• r• , , ., ` .. . „ . . '�. • . . , F,yrk'� _'_ —
<br /> •,i �,...,.-�,
<br /> _- ��,� '•- . . . • �• � .. _ -- ----- ., - -
<br /> r r . , - �' - - -._
<br /> _ . ,t��',ic!-:.�!���'�+��*�rrt . . �•",�..+��eywvec-:_:�:...�R� - _ __,_-....__�-
<br /> =:-,���� . . . 1C,F,'7lo�
<br /> : ,,,,;, 97_
<br /> ''_,��,.,
<br /> """'��` - paymenis may na longcr bc rcquircd,ut thc option c�f Lcndcr, if mortgagc insurunrc cov�rngc(in thc umount und ti�r thc pericxi
<br /> •�-s,:�� that Lendcr rcquires�providcd by an insurcrnpproved by Lcndcr agnin bccomcs availnblc nnd is nbtaincd. E3orrowcr shall puy
<br /> 'a`'�,`''� the premiurns required ta muintain mortguge iosurance in effect,or to provide a loss reserve,until the requirement for mortguge
<br />�='.r;:���" insurunm ends in accardanee with any writtcn abrcement Uetwu:n IIorrower and L�:nder ur applicabie law. _
<br /> -- 9.Inspectlon.L.ender or its agent mAy make reasonablc cntries upon and inspcctions of the Property. Lender shull give
<br />:_��-•"•'�i Borrower notice ut the time uf or prior to un ins�section specifying rcnsonable cuuse for the inspecti�in.
<br /> 10.CondemnAtion. The procecds of any uward or claim for damuges, direct ar consequential, in connection with uny
<br /> � condemnation or other tuking of any part of�he Property, or for conveyunce in lieu nf condemnation, are hereby assigned und
<br /> :i:�=�••� shall bepaid to L.ender.
<br /> :;�+;..'.=j In ihe evcnt of u total taking of the Pmpercy.the proceecis shall be applicci co thc sum5 sccurcci by this Sccuriry Instrument,
<br /> ��'�„"`°• whetheror not thcn due,with any excess paid to Bonower. In the event of a parti�l taJcing of the Property in which thc fair
<br />,::�,;�';:��j.
<br />";,;,•,�?';�'. market value of the Property immediately before the tuking is equal to or greater th�m tly:am�ount of thc sums secured by this
<br />;�_y3.t{��..
<br />�,;4� S�curity Instrument immediately before the taking,unless Borrower and I..ender othenvise:�gree in writing, the sums secured by
<br />'��,;,,�_ this Security Instrument shall be reduced by the amount of the praceeds multiplied by the following fraction: (a) the total
<br />-`�•��� amount of the sums secured immediately before the taking, divided by (b)the fair market value of the Propeny immedintely
<br /> ���:
<br /> before the taking. Any balance shall be paid to Bonower. in the event of a partial taking of the Property in which the fair
<br /> ''�t�� market value of the Property immediately before the taking is l�ss than the amount of thc sums secured immedintely befarc the
<br />.';"�+�� takin�,unless Borrower and I.ender otherwise agrce in writing or unless applicable law otherwise provides, the proceeds shall
<br /> ''`'�'� be applied ta the sums secured by this Securiry[nstrument whether or not the sums are then due.
<br /> -_:',:i,c*.�,:
<br /> ��� If�he Property is abandoned by Borrower, or if,after notice by Lender to Borrower that the condemnor offers ta make un
<br />;;;:,�s� award or settte a claim for damages. Borrower fails ta cespond to Ixnder within 30 days after the date the notice is given,
<br /> =�-�r�.� L.ender is authorized to collect�id apply the proceeds,at its option,either to restoratian or repair of the Propeny or to the sums
<br />'•_������� secu�edby this Security Instrument,whetheror not then due.
<br /> ���;i:�u�. Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or
<br /> _;=w� postpone the due date of the monthly payments refened to in paragraphs I and 2 or change the amaunt of such payments.
<br /> --= 11.Borrower Noi Released;Forbearance By Lendcr Not a Waiver.Extension of the time for payment or modification
<br />—==-- of amonization of the sums secured by this Security Instrument granted by Lender to nny successor in interest oF Borrower shall
<br /> ..:..,,� not operate to release the liability of the original Rarrower or Barrower's successors in mterest. t,ender�nali not be required co
<br /> - '"— commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization
<br /> — of th�sums secured by this Security Instrument by reason of any demand made by the original Borrower or Borrower's
<br /> successors in interest. Any farbearance by I.ender in exercising uny right or remedy shaU not be a waiver of or preclude the
<br /> ----�—�� exercise of any right or remedy.
<br /> – — 12. Suoassors and Assigns Bound;Joint and Several Liabillty; Co-signers. The cover►�nts and agreements of this
<br /> — Security Instrument shall bind and benetit the successors und nssigns of Lender and Borrower, subject to the provisions of
<br /> . pai�agreph l7. Borrower's covenants and agreements shall be joint and severt�l. Any Barrower who co-signs this Security
<br /> Instrument but dces not execute the Note: (s) is w-signing this Security Instrument only to mortgage,grant and convey that
<br /> Borrower's interest in the Property under the terms of this Security Inst�ument;(b)is not personally obligated to pay the sums
<br /> secured by this Security Instrument:and(c)agrees that Lender nnd any other Borrower may agree to extend,modify,forbear or
<br /> ' make any accommodations with regard to thc terms of this Security Instrument or the Note without that Bonower's consent.
<br /> 13.Lonn Charges.If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges,
<br /> and that taw is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the
<br /> loan exceed the permitted limits,then: (a) any such loan charge shull be reduced by the amount necessary to reduce the charge
<br /> to the permitted limit; and (b)nny sums already collected from Borrower which exceeded pertnitted limits will be refunded to
<br /> Borrower. Lender may chaose to make this refund by reducing the principal o�ved under the Note or by making a direct
<br /> payment to Borrower. [f a refund reduces principal, the reduction will be treated as a partiul prepayment withaut any
<br /> prepayment chargc under the Note.
<br /> 14.Nottces.Any notice ta Borrower provided for in this Security Instrument shall be given by deliverin� it or by mailing
<br /> it by 6rst class mail unless npplicable law rcquires use of an��ther method.The notice shall be directed to the Property Address
<br /> or any other address Borcower designates by notice to I.ender. Any notice to Lender shall be given by first cl�ss mail to
<br /> Lender's address stated herein or any other address I.ender designatcs by notice to Borcowcr. Any notice provided for in this
<br /> Security Instrument shall be deemeci to have been given to Borrower or Lender when given as provided in this paragraph.
<br /> -_-_-- 15.Governiog Law; Severebility. This Security Instrument shall be govcrned by fedcral law and the law of the
<br /> - , jurisdiction in which the Property is lacuted. In the event that any provision or cluuse of this Security Instrument or the Note
<br />__' , conflicts with applicable law,such conflict shall not affect nther provisions of this Security Instrument or the Note which can be
<br /> —_-_ �iven cffect without the conFlicting pruvision. To this end the provisions of this Security Instrument and the Note are declared
<br /> � _-=---==':� �� to be severable.
<br /> e � 16.Borrower's Copy.Borrower shall be given one confornicd copy of the Note and of this Sec:uriry Instrument.
<br /> ��u�
<br /> --___:•;7� Form 3028 9/90
<br /> _;-r�•
<br /> NS-F�iy�� Papo 4 ul 8
<br /> -yL�'Jf�"�
<br />,:..•fq.i,r,,-�,—
<br /> .. �
<br /> .
<br />:, �
<br />:--;�:- -:..�
<br /> .:iR?!+I'.. �. - - -----------
<br /> .,.. . .._.n�.,. . .. . -- -- ------------ ---- - -
<br /> � '
<br /> , ' i ,
<br /> . . .. , � - ry,. ..
<br /> . • ' a4- ,
<br /> . . � ,. . . -ii �.io�)�..'.)�. .. ..
<br /> E:,.` �� ;r�',:.4 k�,�t' .
<br /> • ;�-0, �... ..�t .'`'�-+. •. �;iitt..��'�+�.•
<br /> �
<br />_� . � —_ _- ._
<br />
|