|
��{wt •. ...��''!:: . ���� ... __. _ .. _.. .
<br /> !• ....__....�.: ._"�_"____—_— _"__� -- — —=-
<br />. __ _ __" . __ ."_..
<br /> ���. f08`�/�
<br /> payments tnay no longer bo rcqulre.�l,st thc option of Lendcr. if maRgugo lnsurunce covcrnge(in thc anwunt a►xt for the�xrfod
<br /> that Lender rcquires)providaf by wi insurcr approved by I.enrlcr again I�cmnes avnilable und iA obtalneJ. Hnrrowcr Ehail pay
<br /> thc prcmiums rcquiral to msfntain mortgagc insurance in cffect,a�to providc a tass re.tierve,until thc rcquircmcnt for nwrtgagc
<br /> It�surar�cc end5 in accordancc�vith rny�yrittcn egrecment bctwcen Barrowcr nnd L.cndcr ar npplicnblc luw.
<br /> 9. Inspection. I,.endcr or ite agent may makc reasonable cntrlcs upon and inspecttans of the E'raperty. Lcndcr shall give
<br /> Bonower notice at th�time af or prior ta an inspection specifying reasonable cau�for the inspection.
<br /> !0.Candemn�tion. The prac�xds of any award or cluim for dun�ages, direct or consequcntial,in connectlon with sny
<br /> canAemnatian or other taking of any pnrt of the!'roperty,or for canveysncc in Ileu of condemnatlon,arc hcrcby ussigned und
<br /> shall be paid to l.ender.
<br /> In the cvent of n total taking of the Pmperry,the pr�s shall be applled co thc sums securcd by this Security Instrument,
<br /> whether or not then due, with nny exc�:ss pnid to Borrower. In the event of a p�rtial aaking of the Property in which the fair
<br /> markct value of the Property immediately before the taking is equal to or grcatcr than the umount of ihe sums secured by thls
<br /> Security inst�ument immediately before the taking,unless Barrower und l.cnder otharwise agrec in wrldng. the sums stcural by
<br /> thls Security Instrument shall be reduced by the umount uf the procads multiplial by the fallowing fructian: (a)the total
<br /> emount of the sums secured immediately before the taking. div[dal by(b) the fair market value of the Property immadlatcly
<br /> beforc the taking. Any balance shall bc paid to Borrowcr. in the event of a partial taking of thc Property in which tfie fair
<br /> markct vabie of the Property immediutely be1'oee the taking is Irss than the uatount of the s�ims saured ienmediately befan the
<br /> taking, unless Bonower a��d Lender otherwise agree ln wrtting or unless applicablc law athernise provida5,the proceeds shalt
<br /> be applicd to the sums securod by this Security Inatrumcnt whether or not the sums are then due.
<br /> if the Praperty is abandonad by 8arrower,or if,aftcr nottc�by L.endcr ro Borrower that the co»demnor offers to muke an
<br /> award or settle a claim for damages, Borrawer fails to respond ta L.ender within 30 dnys after the date the nodce is given,
<br /> Lender is authodzed to collect and'apply the proceeds,at iGs option,either to restoration or repair of the Property or ta the sums
<br /> secural by this Secudty Instrument,whether or not then due.
<br /> Unless L.�nder and Borrower otherwiso agra in writing, any applicattan of proceeds to principal shall ►wt extend or
<br /> postpone the duc date of the monthly payments reCerred to in paragraphs 1 und 2 or change the amount of s5�ch payments.
<br /> 11.Bormwer Not Re�epsedi ForbeRrance By Lender Not a Wstiver.Extension of the tlme for payment or mndificatian
<br /> of amortization of the sums secured by tbts Securiry Instrument�ranted by l.ender to any successor jn interest of Borrower shall
<br /> noI ope�te to roteau:ihc 1in1�»iiiy vf ihe�t3gitta!Eofto��c or Bszn4:"=�'`sa'-'�!'c�nr�in intere.ct. Lender shall not be requiced to
<br /> commence procoeclir.gs against any successor in interest or refuse to extenJ time for pAyment or othenvise modify smortization
<br /> of the sums secural by this Security Instrument by rcason af any demand made by the original Borrower or Borrower's
<br /> successons in interest. Any farbearunce by L.c�xicr in excrclsing any right or remedy shall not be a waiver of or prxlude the
<br /> exercise of any right or re►nody.
<br /> 12. Succ�ars and AsRigns Bound; Joint and Several I.iwbtlity; Gasigners. The covenants and egraments of this
<br /> Security Instrument shaU bitixl and 6enefit the successors iuid ossigns of I.ender and Borrower, subJect to the pmvisions of
<br /> paragrnph 17. Horrawer's covenants and agreements shall be,joint and several. Any Borrower who co-signs this Secudty
<br /> Instniment but daes not exu;ute the Note: (a) ia co-signing this Sccurity Ynstrument only to mort�ago. grant and canvey that
<br /> Bnrrower's interest!n thc Property under the tcrms of this Securiry Insuument;(b)ts not personally obligatcd to pay thc sums
<br /> � secureci by thjs Secunry instrument;and lc�Agrecs thnt Lendcr unJ uuy utl�er Borr�wer may egrcr.to extend.mcdify.forbtar or
<br /> make any accommodations with negard to the terms of this Security Instmment or thc Note without tl�at E3orrower's consent.
<br /> 13.LoAn Ch�tg�w.If the loan secured by this Sccurity Instcument is subject to a law wbIch seta maximum loan charges.
<br /> wnd that law is finaliy interpretod sa that the interest or other loan charges collectod or to be collected in connecttan with the
<br /> toan exaed the permittod IEenits, then: (a)any such loan charge shall be reducui by the amount necessury to reduce the cherge
<br /> to the permitted limtt;and(b)any sums ulready collected from Borrower which exceeded pormittod limlts will be nfunded to
<br /> Bonower. Lender may choose to make this rcfund by reducing the principul owod under the Note or by making a direct
<br /> payment to Borrower. If u refimcl reduces principal. the reducdon will be trea�ted as a partial prepayment without any
<br /> prepayment charge under the Note.
<br /> � 14.Notkes.Any notice to Borrower provlded for in this 5ecurity Instrument shnll be given by delivering it or by mailing
<br /> - it by first class mail unless applicable law rcqulre.g use of unothcr method. The nottce shall be dlrected to the Property Address
<br /> - or any other nddress Horrower.dcslgnutes by notice ta l.ender. Any notice to Lender shull be given by first class mail to
<br /> . Lender's address stated herein or any other address Lender designates by notice to Borrower. Any noticc provided for in thIs
<br /> Securlty Instrument shall be deemod to have becn given to BorroW�er or Lcnde►•when given es provided in this parngraph.
<br /> 15.Governing Law; Severitbllity. This Security Instrument shuU be govcrn�xl by fc�erul luw and thc Inw of the
<br /> � jurisdiction in which the Property is locuteii. In[he event that Any provision or claust of t1ils Securlry Instn�ment or the Note
<br /> ; conflicts with applicable law. such conflict shall not nffect other provisions of tbis Securiry Instcument or the Note which can be
<br /> given effect w(tliout tl�e conflicting provision.To this end the provtsions of this Secudty Instrument ond the Note are declarecl
<br /> to be sever�tble.
<br /> 16.Borrower's Copy. Borrower shall be given one conformal copy of the Note nnd of this Sc:curity Iustrun�ent.
<br /> ; Fam 30x8 9180
<br /> . P�pe 4 010
<br /> 'av ��;.- �t�tF l- �l
<br /> .._.e .�a.e�.7fp l: �i �1=:F, ,�IT�'. '*s'n• 'F.:f'1,a1. :.�_-=, — — .
<br /> ."R"'7:([•VhtFF IS ��1�_,`�i'...•. nu,t�+ i .y� / ' t.y _ __ -
<br /> .�a�s;.Y,�e'r������1<'l��i�sm�.Rri�tnn� :g!J _�Tc.�i f+r^�i ��f)�'vF�'r� — _ - .
<br /> s. ,�t'7�'YiTi��.Y��:�� J.�01 {.t`Y.+�Pi 4��1.�lj�.l� ' .� .-��n�m�_..-_�a� _� .__.__.__.
<br /> �-f�S(l�.rr�� �S j��Gy.1 �,`Yr�v ti:l�R T!'..��'���5�l��)fi
<br /> n ,� � K '�''• #,� ��,t � -
<br /> {t.is ��!'' -F dl �� - N�Q; c-�7�31�'j�• ,. � �'�h %^���77�±.'s.c;S9"�w."1d TLJ�y� - — — -
<br /> �,�.`/� S ;f"y 1�i�y�C�j :,� �i�:.:�7,r•��:�: �4�t ..• �
<br /> ,�';;r � �, � ' �' �'a,.;i�E£'�:��i' G �r �,y+��y�,y�f-�I;�� ---
<br /> ,� . . � „�'1 '11;SJ ` ��� .•.. sn�, • L •, .}�,�71'f1':.,t 'a��i1F.4--
<br /> �� . ' ! 5 .��.�.:� �. � . . ;�..:` ,! -.�..a�j�" �i�?�[3L�1 -
<br /> .�t . 3�-��iy ySt' ,..1 �l�iH• �vl.; ; x
<br /> LL�Y ! � •r' � .
<br /> +ru�r�.� ;t ; .'T,�� `(xt'`��� ��'� • �l�r..•1!��`5�.1..
<br /> - `:'� r ;c� y,�Y 5' '�'_—:. -
<br />`-;�_,.�.,. , . • '''�' ' <.._.. 1, 'l...... � , . '��Y�.�.;_:.:°, .,G .�- ,. --- �
<br /> . . ...:rn.�.,:,.-'---_==-T,�---=-=•=-
<br /> - � . .. . -�f�_w�___ --
<br />
|