98110267 - Laserfiche WebLink

Browse

� ... '!1� ••� wY%1'A 1,+7,^w.:�7�i, - - -----.. .. _ . _ _ _- _ _ - -- . . .'..,� ._._-.-_� . , � r . --- �-_' _. _ _. . . . . _ . . . _.. _ --- - . . .------ .._.__. .. . .. .__. ._._ . .._._.._._. _. _.._._.. .. .. . _--. ' � �98� �io�s� p�ymenu auy no lon�er be required,x the optlon of Lender,lf mortga`e imurance covera�o(in the amount�nd ior the period that L,eader roqult�a)pncvided by�n insurer�proved by Lender eg�ln becomes waiLble uid ii obtained. Borrower�hdl p�y tGe praNwm requind to tpaint+dn mon�a�e iniurance in effect,or to provide�lou reurve,untll the requinment for awnA�e 1n,�ur�ooe axy in iocordiooe wlth�ny written qroemeat betweeo Borrowa aod Leoder ur appllc�ble law. 9. larpedloo. I.eader ar iu yau miy m�ke rea�onabla�tria upan uid In�pectlon�o[ tlw Pro�erty. l,ender�nll give Bonower aotice u the tlme ot or prior w w la�poctlan rpecity(nr reiuoiubla c�ux for tbe iarpecdon. 10. Cn�dea�u�t{w�, '[!�e proceeds of aay awud or claim for daausea, direct or oonbquaul�l, W coaaectioa with�ny condemn�lion or aher taklna of eny rArt of the Pt+operty,or for conveyaacc in lleu of condemnztion, ue hareby�csi�ned�qd �hall be pdd to La�der. 1n tbe eveat of a totil takiqr o[the Property, tlue prooeals i6a11 be appllal to the suu��xured by thii Socudty Icutrumeat, whaber or not tben duo,with aay e.�ew paid to Bomower. la the event of�puti�l taicia�ot'tbe �'ropecty in wbich tLe falr market vahn uf che Property ia�modiuely before the takinY i:eqwl to or�reuer ttun tbe �mount of the�ums acured by thli Securlcy taarumeat immediuely befo�re the Wcing. unleu Bonrower u�d Leadcr othenviu agm ia writing� the�um�searred by tWs Secucity Ituuum�at aha11 be raiuced by the unount of the proceeds multipllod by the followina iraction: (a) tha total �ma�at of tht aua� �ecuted lmmodiately befon We takln�., divided bY(b) tbe foic m�r)cet v�lue of the Ptoperty immedl�tely bctore the takin�. Any b�bmoe �}ul! be paid to Bortower. In the event of a pani�l qlcin�of the Property in which t6e fair muiret value of tqc Pivpaty lmmediuely before t2u Wcin�is leu th�n tLe amount of the sums sxured ima�ediuely beforo tbe ukL�.�das Bairawer�nd IRader oth�rwi�e+�t�e!n writina or unlese�ppllc,�ble Iaw otbaw►iu provida, the prooeeds ihW be�pplied w Y6e w�s�eau+ed by dus Socuriry Inatnimeat Mbdher or rwt tbe wm��re tbeu due. If We Property L ab�odooed by Hoxtower,or it�aRer.�jatioe bY Irndeac to Ham�rer t}ut the oondee�mor offa�ta m�ke aa a�vacd or settle a claim for dam�gre. Borrower f�ii�to ��►o�nd w L�aoder withiu 38 days�fter�he date tbe notia b givea, 1�ender is�uthorined W oollxt u►d�pply the proceecit,�t�ts t�Ft�oa,eithet to raWntbon or rep�ir of tbe Ptoperty or W We wm= recured by this Sewdty Imtnuaeat,wAetber or not thm cltit. -.' . Udea� I.aicler md Bosower otherwue �ree in writing� any +iPPlicadoa of pnoceed�to princ�pal �hall na extead or poapone the due d�te of tbe moatWy p�ymeab rtl�erred to ia�u�r�phs 1�nd 2 or rhw�e We unount o[wdt paymeau. 11.Dornower Nat Rsle�ed;Fa�6au�wsa gy I.eedt�:.�1ot a Wiul�ec. &temion of the time for prymeot or modiflc�tkin of amadz�tbn of the am�savred by d�is Se�urity Instn�nt granted by.ireuder w�ay n�ooe�or W jncen�t of Bo�m�er ihall not opa�oe to rekrue tbe llabiliry oi tbe or3�in�l Boim�va ot Bort�rnva'�auccaaon in intenyt. l.eadec tlWl not be required to �P��mY+�ar ia lntexat or retiue ta extcad time for paymeru or otba�viu modlty amo�ation of t6e am� �aurod by t6ls Secudty Inut�uneat by iraron of any decuod made by tbe ai�io�l Bor�+owa or Ham�var'i snooe�acs ia interat. My�aDtar�noe by[.eader in e:deci�an4 any dg6t or temeQy�11 not be a�vaiver ot or per�lude tbe tu�c.a�e ef�nv ri�ht nr sr!nwlv - _-.. --r- ------.• ' � � 1Z. 8iroc�wo�s md Arip� aard;Joi�t ud Se��ral I.dW@ty; C.o�iper�. Tbe ovv�m�ua aod�roemaoq of t6L , :��,�;,. 5eauity Ia�trumeo�t ah�U biad aod beaefit the�uoa�wa iod usipu of L.eader md BormMer, abjcct to dre pcovitioor o[ . . prflat�ph 17. BanoMer'a oove�unn rd agreearnh a�lt be joLu �md �evaal. My Boimwer vytiq.00-si� t6L Secur{�y . l�ri�t but doa not e�ea�te the Note: (a)'i�'oo-iiiniag�:thu Searity Tnununeat adY.w mat�ge� ir�ot aod oopvey tbat Hortowa't 3nta�pt in d�e Proper.fy under the�trarns of c6i�Secu�itY laun�n�r(b)is aot,�eiic+aa�IlY��i+��P�!'�.�w� �ecutdd by this 9ewclty L�umair,aod(c)agttxs th�t I.aod�r ad aay other Bocrowet may�p�e oo.e�itteod.modily�fbtbe�r ot .;. m�ioe eny�o�modatloo��vith n�nd to tbe teinn ot fhL Sa:uriry Inununrat a t6e Note w►lt�nu tlut'Horrow�er'�000�eot. r,;.� '- 13.La�CYir�a. If dx lam securod by t61s Security Imaumeat i�wbJact w a law whicL�eti m�cinaum lo�a clurxa� �; �od t6�t Inv is lin�ly iate�prped io W�t tbe iotaest or aher:lo�n ch�r=a odlaxad or to'be oolbcoed in oomo�tlos�rLh ibe lan ex+ceed tde pamitoed Umiu, thm: (�)�uy ach lan c6iu'ge�hall be reduoed by tbe iqnomt neoespty w red��oe the chr�e ro tbe Pa'mhted 11mit:md(b)+ay am�al�adY oollated tiro�n BatoMer�fiicb euoe�+ded ppnitle� l�mib wlll be t�eluMed q .: ,. Bo�tvwer. Leoder m�y cboae to mabe thir ielVm�d by roduc� t6e pcincip�! oa�ed undex the Nota��at try m�tioj a dhect • prymeot to Barco�ver. If a r�firod mducet pcixipd� tbe roduction wW be ttatod s a�rti�l �r�WY� �� pee�aym�t cbane�oder the Note. . � �4.Notbe�.Aoy aaioe w Bortv�er provided tor La tbis Secudty Imtnimait duU be givaa by ddirainj h ar by�iudito� k by flrit d�a mdl ude��ppliable law eoquira we oi�ootlia method.T6e�otke rh�ll be dlrected to tbe Prnpe�ty Addras «any omer add� Borro�rer dal�nua by notioe a I.eoda, �wy notioe w Ieader eh�atl be dvari�by tim clw mdl oo ,�. :: L�euder't addiet��t�ted baein a�ny atba addr� Imd�er dedpawoe�by notia w Borro�+er.My notia ptovfded fa ia�his 3eaMty Imt�umeat�Il be deeased to hwe baa pven to BorroMCr a Le�kr Mhe�Sivea as provided in t�p�r�. 1S.co.ee,ri.� I,.wp se.er�6lue�. 7bis sec�dr.y �mmc .h.0 be �ova�ed..]iy reaa�l t�nv �oa me la�v orme jurbdictbu in wfii�t6e Propaty u loc�ood. In the e,weot thst�ny► provi�ian a cLwe of thL Seau�ky i�teum�ot a�he Nobe • �, 000tlkn�vhh applkab�e la�v, �ch conNct thall not affax dha provbiow of tbls Security Imwmmt a tbe Nooe�vhirb an be '� . jiv�elYact�vlt6out tbe ooatlkti►�ptavi�ion. To thit ead t6e ptovision�of t1w 5eauity Wwumeat a�d tbe Nola m decla�ed W k�eva�bla. � , x?6,So�t+uwer'�Cop�.BonoMa�il be�ivea aae ooafcxmed oopy of the Nok aod of t1�Soauity Imaume�at. � Fenw�o� :. ��vlMQna�a�.o� r.�.•�a �f