|
';�;' ; � ` _ �_ _ . ? F -`±�-y ' —
<br /> • �< ' �' _ P`' -
<br /> .. ...�..� • . .. . . . - -
<br /> ....��
<br /> . ....-�
<br /> -----_.--��a — — ----- •-- - — ---•-- -- Fr � -
<br /> s 'i . ' ., i��
<br /> �- � . �. , �� .. . , : - � `� � _ _..
<br /> ... _. _ ' _.. . ..: . ._� ',., .,c. _.._.: .. .:. .. . •. . ._ . .. S,4.. ... , � . :��• ,. . :.Y ��` '
<br /> � > > .
<br /> .. .. . .. ' " � - _ ' ^«4z'�'�-:h JY. i.-
<br /> _. f : ' - .. . , _. . .,.. „ . . .. _ - _ . -: . . , , . . . . ... ., .F.� ': . .
<br /> � - _ - . : . . - - . .. . ''t� . . . _ — ,'.
<br />.. � . - . � ' - '" .. . . ' _ .. - � _ •.�: � � .
<br /> .. •} , ` �'� � ` � - , �.� ` � .�. ,` ' , `` <. . . '` i, ,� ' ,.. ' . ' t�'` ` ,� . � . � ` ``y �[ S ..
<br /> . . � � a
<br />.. ' . � _f . " � ` . . � _ . . . . . � , i �S � � . . l -.. . - . . , , p..�� . ' � _
<br /> . . , ti
<br /> ♦ � . < . .
<br /> . . � '. . . .. � . .. : . . . . . . � . [ . . . - � .. .l.. �
<br /> '.... .. . .. . . . . . .
<br /> � ` ..
<br /> E , . . � . • � � ' . ` • ' �.
<br /> . , ,. "�
<br /> , . �- ..� '
<br /> F , _ .
<br /> �..
<br /> . ,�.
<br /> , . . . • ..�- ' _ _� ... .. ._.. __..._......._.._._.__.��—.---_._.--.�- _
<br /> . .�.. ...... ..._. .._�.._..,�___.�.�._._""_�___ .,_.�__�_....,..__—..._ 2 ...S < y, .. 4 a
<br /> � , i � C `t ., .
<br /> . ��`..� i g�_ / �( �] ;� `� ; � :. : .
<br /> ' Qay�ta may no�ager be r�qwred,at tRe op�on of I�ender,if mo�gage insivanoe oovaage('w the��1�Cand�arlfhe p�d . .
<br /> .. . � that I.enda requtres)Pmvided trS►an imsu�es�ved by Lead�agaia becamcs�vaitable azid is obtained.Boaoar�shall pay the . � . � .
<br /> _ __:.�-�� Premiums requ�ed tn mammi�uiait�ge insinance in e�ect.ar Eo pmvide a Ios�res�ve.unril the requirement for mmtgage :.-.. u- ._ _; ..
<br /> - - msmsnce e�d3 m�aase with m3y mi�ea a�tbetarrfia Baama�sia�Le�ar appW�ahle Iap�- -�,;:_:—:�-=-,�-
<br /> � ,; � 4.Iaspec3ian. �or ids ag�t caaq make ceacanable entries ugoa and iaspections of the Pmpeity.Lcadcr s�ali give . ' �
<br /> � . ' Batmaes notice at ihe tnae of or piior to an mspearun sp�rafying reasauab2e c�use for ttr�mspecaan. , . , .
<br /> . ,' 14.Can��natIon. '!�e prooeeds of any award ar Naim for dmnages,d�t or coaaequential,in wanection aith any -. . ;
<br /> � '. ' condemaanoa or uther m�ng nf any part of the P�opeaty,or far oanveyaace fn lieu of coad�n,ase 6emby a�signed and ?,.- ". .�_�'.���
<br /> ° s6aU be paId m I.�der. -." ' :
<br /> . � w � In the eveat of a mtai talaing of the Pmperiy.the gzaoeeds shall 1�agplied to the smns sepued by th�Seaarty Ins�� . . ° __�_"�-
<br /> `, � whether or a�ilheu due.witD aay excess paid tn BormNa In the eveni of a gasaal taking of the Pmperiy m wbirb We fffir ma�ket . . ; �`°-`°-
<br /> • � vatae of tIle RopeYty' wuamediaiely befaie ihe ta§�g iv eqaat w or greater than the eseotmt of the sums s�c�aed by tbis S�yr � � .-.;` .
<br /> :� ' ��. Ins�neut Immediately befa:e the�ing,nntc�Bonower aad LaWer oth�vise agree in writ�g,the sa�ms s�rted by diis . "`--_�-
<br /> • ' :�-� Secauity Im�mme�t shall 6e�ednc�ed 6y the amount af the pmoeeds mWriplied by d�e foltawing�on:(a)the o�tal amon�mt of _. ° -
<br /> , . - the sams sesmrd immedisrety before the taWng,divided bi►(D)the faa market wal�e of the Bmgeaty imme�iateiy bef�e the � . -
<br /> ;�., �ing.A�r l�almsse sdall be paid tQ Bouowe�Ia ihe ev�t of a pu�si tatung of ILePtopaty in vfiic6 the faa market value of dze _ � ,":
<br /> � � • �F�Y �Y bef�ne dce taldng i� tess tb�► the amauat of the s�uas sec�ed imm�diarrly 6efare the mI�g, EmIess , . . . '�-
<br /> � . Banocve2 and I.eudar oih�vise ag,iee m wuning or uniess agplirable Iaw othe�wise gmvides.the prooeeds shall be applied m the . ` --- -
<br /> . - . - smms sec�ued by�is Ser�ity lnsuameat wh�ter ur aot the sams aae theu dQe. - :�'��
<br /> + ..�. Lf tbe Pt�ape�ty is aLandaned by Bomaw�ar i�a&er aatice by Lead�w Baim�wea that the�ndetaaar offeas w make� - . _ - -
<br /> awmrd mr s�t2e a claim for daaoages.Bamawer fa�Zs m�d tn Leatder wit�in 30 days after the date the notice is givea.Irnder . T�-�'_
<br /> . � is a�dtorized to oo�ect mtd agply the�s,at�option,�her m r�adon ar�+epaa of the Pcopaty�w the smns sec�ed . �`�'"��'
<br /> ' ::..,�..:_
<br /> _ by�is Sepmity Ios��whethear�nat thc.�� _. _ � .�--�W
<br /> ���_
<br /> -. UNess Lender and Baaower otheswise ag�ee in wtidmg,any applicaSon of�ooaeds tn prinapal s6a11 nat exteud or po�pone �����_
<br /> .. fhe dne dar�of�montNY FaY�nB�cfared to in�Ls 1�d 2 ascvsage the aa�o�mtof sacb payme�i4. •.`:�---
<br /> : Yl.Borra�v�Not Beteased;Forbearaaoe By LcaBer Not a Waiver. Ea�inn of the ame far paymeat ar mod�tian ' � - -
<br /> . ' ,'��:1: of amorta�aa af the sams secare�by�is Seamrity Instiumeat grant�try L�der m ffity socce�r in mteaest of Bmsowes abaII . ---
<br /> ' .. .�`:j. aot ope�ate to�se the liab�lity of the mi,�al Batmwe�or Bmmwds suoces�s m�L�d�s�aD nat Ue�ad t� _- _
<br /> : ����SS���Y sa�s in int�st ar�t'ase m exoend time f�nr paymcnt�ame.swise madify�nn of -�'� -J,�_�
<br /> .. �.� t�e�mos sec�ed by this Secarity Insorameat Dy�n of s�y dem�d made by t�e mi�al Bomnava ar Banoveer's saooess�s ' :�. -,s- ''a,-;
<br /> • �.. • ffi�t Any forb�attce 6y L�eader in exacasmg�y�t ar mmedy s6aD uat bc,a wtaver of ar pae�de Hie�of any ' .;''�'�'=;' �:,',�_�
<br /> ..-..'-_ ::;� right ar remedy. *.'-• -.
<br /> . . ' _ �.'.�� 1t.saaae�uis awl Asdgns Ba�d;ga�8 ana sev�al�.fa6fli4y;Co�ignea.'II� covenaats and �wts of dds . �.���--
<br /> � _; St�aItY Insdn�ment s6aD bmd and banefu the saooessQSS sad a�s of Leader�d Bomawer, snbject tfl the�ttovisions of -.� .-��-°_
<br /> . �apL 17. BoAOwer's oov� and a�ee�ants s:r�II De,ioini and several. Aay Bmmwer w�o oo�igos c� SeauIty ;-,"'��-
<br /> _ . . ` Ia�c�ae,nt but does aot exeaite me Nat,� (a)is ao�ignfiog tbis Ser�iry Insuusneac only to�m�ag�gtant and oonve7►that ,� ;`'�"-:-.
<br /> �.� �.:..,�d= �-
<br /> :>.: Bamuw�'s�tn the Ptop�ty ander the oe�ms of this Seauityr In� * x(b)is not pasonal3y obll$ated to gay the sr�
<br /> � , .,,,_....
<br /> � � �:`'is;�'' sec�ed by @�is S�wdn►Insuame�fi and(c)agrees tLaa I�rtdet aud any�er Hou�vrer maY a�ee to e�xtend.mudifY.fo�r,�r�r . '". : -
<br /> ou ����-�.:..
<br /> ' � ' �' r�se�y scoammadasions wilb i�egaM to dte t,ams of tbiv Seauity InsOn�meut ar tha NaLe wi�out it�t Bonawer's coaseai � � . `:
<br /> � �'� D3.Laan Cha�ga. If the lo�se�ed Iby this Sec�ity Instimn�t is subjea m a taw wLic�sets mmdmum Yoaa cd�ge.v. r`:'"'.';"'�
<br /> ; ,. ..
<br /> -- :rz` ��et law is fmalty interpYeted so tT�ai the mt�st ar a�Inan charges eoIlected ar t�be oollected'm canuocdon w�b the Ioan �� __
<br /> � � � exceed the peamitted tanits..then:(e)�y sn,c�lEO�cLar'�shall be tradaced by fhe emaunt necessa�y to rodnce Qte cbarge to dte r` .,• -__�;::`
<br /> � p�d 1imi�snd(b)�Y s�ns alteady on�u�!frosa Bonawer wbic6 eaceeded peamiited limus wr7l 6e m,�ded to Bmsower. -----
<br /> .. I.eudea may choase w malce this refund by teduc�g dce prmcipal owed�der the Note os by �g a d�ect paymeat tn . . -�.'
<br /> ,,,_,. . Boimwea.1f a refimd reQuces�ormctpal,th�redactian a�be�aa a Paroal�r�aYme�t without anY�.g��t c�8e . ;, : � '
<br /> ;,i,�: , aader the Noie. � _- - ��
<br /> :. . 14.Notic�. Any natice w Bmmw�gr�vided for�a +�" Ssau�ilg Tur�.�neat shaII be grven hy detiveaing il a�l5y a�g it . � � ,
<br /> � ' • by 6rst olass�unles9 appllcable iaw requses nse of another me�rad.'C�+`�e aoriroe s1�aD be directed to the Property Addcess aa .�. '-
<br /> . ' �y other addiess Barrawea de�gt�atav by notice w Leade,r.Any nol6ae Qu Lender s1�aU 6e givet�by 6rst ciass mail to l�euded's .:,��;,•��,.�
<br /> ! � � aai�rxss s7aied t�eim or aay otha address Lender des�ra�s by narioe to Bmzower Any notlroe ysuvided for ia tlils Secaeiry . � ' � •
<br /> T�snum�t shall be dee�med to 6ave been given ro Boaovcc�aa Leaid�when given as paavided in this ga:agraph. � ' �. � .' :
<br />-'� '-�� 15.GovernfngLaw;Severabiltty. 'Ibis Sewiiry Instrmneai sLaU be gov�ned by fedaal taw and t� law of Qie
<br /> jurisdicaron In whicb the Propeaty is Iocate�.In the eveat tbai aay piusrisian ar cl�sa of tLis Seaairy Instsum�t or the Nois .. .. � `.';-;:,
<br />- . canflicts with applisab2e law,s�cb oonflict�'J not affea orher provisians of this Sec�mty Iasaumeat or the Note whicb can be �. . ':�`;"�
<br /> ..,
<br /> gtven effea wi�out the oonflic�iag provision.To�is ead t�e Drovisions of this Seaviiy lnstrument and the Note�dactared m . : .
<br /> be seveaabl�. �`' . .. �
<br /> Form 8020 9tEJ • • -
<br />_ „ ��R(HE�[9�t�)At Daqoeato lnttlah:--- � , . '. -.'.
<br /> ,----. -----.—..._._-- . . , . - .
<br />_l � . . . . � . " . . " . • . ..- . ' . , " .
<br /> . � - . ; �
<br /> • • ' • . - , . .�v � . . • . _. , � `' � .. ' . . . , .
<br /> i • . . . � . . . . . . . . .
<br /> � ' . ' � ' .. . _ . . .n� . .� __—_.___-_
<br />
|