|
;�r- e.�,wm�.a.s�......� �s �.o.�.,...�.��. , i.— . • . a, �� j.
<br /> ���ZC�[A`�'�. �6 . ?,. s ' . . F r1�3,^'
<br /> c�c73t�i�:�,YoF�.��`%r.7m'4� ..� �� v ' �. .- G:'`r�,�; :�sn�^ r{ .. . �s i�i
<br /> ,c�t z:, r'X. .
<br /> ' � ?�`�'-`_ f .:LCy� ;'S_,. ' � .�1G��`:C41��y� � . , ._ . ' '� .
<br /> � r--
<br /> �'i, f �. . .. � _ s s�-
<br /> _ `—TM�'.�w���`�i _ �G-. .�v.-- Y ��;r,�F.- 'Jw...�.....:v.^cy . ,I•r,�"3^�`•;:.''ii��;`o-1'r��`[��� � � `Z �•
<br /> �^ '� T ^ ' .1''' :�Ct'c �"--� . e . l�t � . .Gl��.r C= E..
<br /> . . t tt�-'\, t .t- -`i.. .. F�� S' *� __ }1 � < S � .. 1,_'��1 < f. < ti. . C?i `Y. +.
<br /> �„`.'.• � ?t ° `. "SI, �� S 'F'- c� -.� rr s S` £ ,�''°� z ' : �. - p tt<� Y� �.k 'k. `` •1 tt F�"�4 z� .
<br /> � 4`F• �F - « � F" Fi� [?, �J�a` � - . . � T � �.."4t� F .`�`' � .fF`',� nf r�.c _„ �o r4; �i't � z - c 1:�+- : c�. ci tA. :
<br /> c�c,�� S: L
<br /> .�T �.-..i°` b t1" R-"`e"_�"i W�_ ��� . 1 ., _ t L t�.C-+�e '4; '.� h <t�� �.N-� e h�� �,,a; ,�- '�' .:<<_� :2; ..���cr.6r ;.b�- o-= 'c_
<br /> _s_ T:�.} , - �,,-_ -Y�`'-2.���:^=��e. s, .x--�° ��. :;�`• _ �z f�.� -
<br /> ,2(s Y.`[.' tbi -� i�.,c�f.
<br /> � y: . ..
<br /> �� T. �� .�� substantially eqaivaient am»rtgage insurance wvzrage is not available.Borrov�er shall pay.to Leaster each momh a sum equat to �- `4i F.
<br /> am
<br /> -�.=. = . one-taeifib of tbe yearty m���nsvtance ptemium beiqg Paid bY 8omiwer�tvhen t1�i�ranoe.cavetage la�sed or ceased to :� �, :
<br /> ' F �'i.,rt • . as a loss r�esv�ig�i?i�..41f-m��8�•it�su�ance. Los� re�rve � : � ,.
<br /> �:� be in e�'ect.L�ender w�Ti aaxpt.useend retaia these payments. ;_t�
<br /> L end
<br /> � �`"�r « � no er 6e at the optioa of I�eader.�f mostgdge insuranoe wverage(in the amount and fus the period :
<br /> ,4�:�.'?;�.:;. .:, PaY���Y �II8 cesluiied• , �`_ r�'
<br /> .- , thai Leader requines}piovided by.an�ns�ser appmved iry Iender again beoom�availabtc and�s obtained.Bacrower sdatl p�y � �- ;����.
<br />-�'s;�;�,;�r<``�''rr; , �pr�s reqaised ta maiarain mangage i�+arance io e�'oct.or to provtde a toss reserve.u�til th�rEqui�ement far�ostgage .`�a:� .:
<br /> between Bomnwer and Leader or licable latw. r ��`
<br /> .� ��. ias�caace�eadsinaccotdttacevvithar�y cvritte�a� ; � ,_
<br /> � � make rea�oaabte w�sies npnn aad iaSpecdons af tQe Propecty.Lender shal�give r
<br /> � *�;, • 9.Iasp�[oa.i.eadea ar its ageat trr�► s a •. ,
<br /> teasonab2e caose for the mspeaion. �-`
<br /> ..`r,��`' Bmrower ac�ios at the time of a=priar w aa u�spe�ion speafyinS ��s
<br /> ' ��,E�,.:.s ,:_ , in oon[�ection ariffi `:�'::::.`
<br /> .`•�.� -_ � ':,;�- 1Q.Gmddanallon.'IUe proceads bf aay award or ciaiut for damages.,direct uc conseq�eatial. �7►
<br /> ' ° � condemaation or ather tak�ng of any part of the Property.or for eomeyance
<br /> m tiiea of oonde�nnatian. are 6erebY asdSned and `�s.
<br /> ' � b`�-- si�l!!ie�Sd to Ix�et. the rooexds shail be a lied w the suin.s sewred hY this Security L�strum�t; . t 5'�:
<br /> ` In We event of a tatal mldng of We PcopertS+. P PP
<br /> <�: _.`��` wheiher or not then due,ahh any excess d to Borrower. In the eve�of a partia!taldng of the Property in whicb the fair �r���
<br /> �; , � d�an the atnount of t6e sums seauod by ti�is
<br /> mat�et vatne of the ptopertY t�e�Y�t6e taking is equal to or greater .- x ;
<br />_ i. .. ` �� �ty Instrameat immediately 6efoie the takiug.unless Borrower and Lender o i h e r w i s e agree in w r i t i n g.t h e snm.s secured b y - -,
<br /> �'< "''�a: i h i s g�a ri t y T�s h a U 6 e r e d u s e d t�y t h e�o u a t cf ti�e proo�zds�t t i Ptied bJ►the foltowing fracoion: (a)the totat ,�-�.:
<br /> `�£�. ' . 6efare th�takin
<br /> r� • amonnt of the s�ns secure�immediatelY g,divided fsy(b)the fais market valnc bf the Property immediately �
<br /> -� ` r:: hefore t&e talring. Auy`balant�s6a11 be paid to Borrower. In the eveLt af a partial tatrinS of the PnupectY in wh�ch tt�e fair -�=
<br />. ..,_u:<:.;.:;s.�`�_;; . , mar�v�(ue of die Pmperty immediatdY 6efore the tatdng is less than the amouat of the sacns s`ecured immediatelY before the � _ u
<br /> �' takin8.uniess Borrnae$and Leader othe�wise agree icrwriting or unless applicable law otherwis�provides,the proceeds s6a1� �
<br /> f � ' be app}ied w the ma�s sec�l hY dris Security Tnstr�uaent whether or aot the snms a:c ti�dae. � ��'"
<br /> ° ` 4 � If dt�PmpertY i��aned isY Boartwer,Qr if.,aRer notice�sy I.eoder t�z�omnwea t6at dse co�or offers to wake an � -
<br /> ; -
<br /> � " � ..��,awaM at seule s clair��'at�e44.'Sosiawer fails to sespond to L�dei veit�in 30 days after the d�che notice is given, . �e
<br /> �'� Leuder�is authori�d w wltecx and�Iy the pr+oceeds,at its optinn.either to reswration or repair af tt�e PcBpetty or so tbe sums �_.w.'.
<br /> ,�� - . . -
<br /> •• �` ' r-„r �!ry�s Se�riry Inso�um�t.�ther or AOt t6en due. � shall t�at actestd or j.
<br /> ' � Ua2e�L�ender and Bornower atherwise aSr�e ia wr�tg. any appficas'sun of proc�eeds tu prin�aPai , - ,,.;
<br /> '` ` posq�one.the dne date afth��nqmblY PaYments referied to in gaiagcaphs 1 and�or c�aage the aaioant of suth payments; . :
<br /> 1 3 t�.Barmwa Nt����Forbea�By L�c Ntit�'V{tsT���of the ame for paymea�t or mod�fu�tion' _ yP
<br /> ,i..��, , ' ' -. sectuod this Securi instnuneat g�bY�r w aay succcssor ia interest of Borioaer s�a1t. � � __
<br /> r - , ,::�: ' of amomzation of ibe��fms b3► tY -
<br /> ,r ,�k.. � .not o p e r a t�'oo teIr�ase the tiab�ity o£xhe ariginal Harcawer or Bas�s�a's successo:s in inr�s� Lender shall noi tre teqaire�to ��s. _
<br /> e
<br /> , , u�� � ��,�diugs against any�successor jn iateie.s�.�br r e 5�.4 e io e x t e n d t i ra e f o r p a y t�t o r o t h e f a v i s e m o d i f y a��� . f -:
<br /> '�%..,' ': ,`. of tiie s�is se�at�ed by•thi� Serurity L�so�unseut by reason of.a�y demaud made by th�•mi�1 Bormwer ar B�vwer's '� _
<br />-_- s�=�.'-- t ::�sc�in interest- AnY fotbeasano�(nY F�.ender.3n ei�erc�sing'any right or remedy sisali'aat�e a'cvairei of or pmclude the �.�-a__
<br /> w f .�. ; ". .����,exers�a�f any right or iemedy. . . ._ � .., ... � . o�:� '. � _r.
<br /> ;, , Bo •doint aaa SeQeral IdabIlttY+Co-s�gae�s.T6e+roveaatcts a�id�aS�
<br /> i_ . • iZ,.�ua�so�s and A�igac uad.� . _ _
<br /> f.�,' SecaritY-�m�ent shatl biud and beae�the saccessors and'assigns of Le�Wer and$omiwer,.subje�r w tl�e provtsions of.
<br /> ; ��'r �: . . p�gph f?k Bo�mw�'s caveaams�aad g�ma��shalt be,{�t and several. Auyr &�irower who co-sigru�w���tbat _ —
<br /> -��;� �=•��;� Ipstmmeni 6trt does ttot execmte the Nate:(a�is co-s�gnidg tLis Seeurity Instcu�ient otily to mortgage,g�at _
<br /> ;;�:�:�,.,.,�;�-Y obli to��p the swps
<br /> •,:;. :;l�`•°,. :�' �5 �� Bormwer's interest�a the Ptopertyr�der We tera�s of thLs Secn�ity Inst�ument;N)��P�Y � �' ., - --- -
<br /> teras .forbearos °°w-=..
<br /> .;-`.'. ,^�, sei�r�d by;ttns gc.c�iry Insp�meac;and ta1 aSrees tbat Lencter and.aay other Borrower may agree to eactacd,mod3�y _----..
<br /> '�; ,r� .: n Insuument dr the�Note whhout that Boaower's coagen�� �,�,
<br /> ;Ff `'� ,�: . make�nY awommddasions with regard to�he terms of t6is$ecuritY
<br /> F �-�,,f,r .� 13T:�n C6aiges:�If the Iw�a seeu�d fi►tlus S�untY Lasc�ment is aubj�t w a taw which se�ts max�m taaa charges.
<br /> � :d�, i'rr, gp(�.�.��yft 13�IA�I}t Iflt�rpre�ted.ss+�We�Atetest'or other In�an cha�ges coltec�d ar t�,be collec�d iri connectiun with the � _ �=F...,=
<br /> � ' •. Io�exc�8 tQ�Pe�nmtted ihnit�,t�(a)�anY sucb loan charge�hall be redaced by the a�z�nec�s�ar�/to t�edao�ttfe�har8a m
<br /> ,; F:. iimits vJiU be za�iindeA w
<br /> � �� ' • . . w the permiued limit;and(b)anl+.sutas alreadY.ooltet�tad fro�Boridwer wldch exceedecl p�rasitreci _ _
<br /> - � � `.::.:� • Bormwer.. I.eud�r inay choose to malce this refand by reducing'the Ptinc�Pai ow�nader the Note Qg�y madcing a dtrect —.
<br /> ..�:��':;.'�:;. .fi_� . paymeat to B�rrower� If a sefund redaces princiyal, the r�daction wip be tr�ated as a partiai�P�paYment withm�t any . � ----
<br /> ,��::`-�., ,;�,� . .P�PaY�,����e under the ATote. • •
<br /> � .: � ..' ft9k;:�Totiees.My no6oe to Borcower�mvtded for in ttis Secun•ty rnsaumeat snau 6e�iven by aelivering ii or by mai�ng .
<br /> -�:. c�.._.,:,�T= , It by�i5t class mail.untess applirable!aa reqnires use of another me�d.'Ihe notice ahaU 6e dir�to tGe Properiy Address .
<br /> � �`, pr_aa�y other�tdress Borcuwer designates 1sy aodce to Lsnder. My notice w L�nder s�all be P&ven by fitst ctass mait.tp
<br /> -� ��� _ L�nsier's address stated hercin oc anY other addre�ss Leader designates by notice to�orroaer. Arty nottce�p:aylded for in this . .
<br /> '_�'•-���:. . . � � � Sec�u1ty lnstmmem sball be d�emod W have 6een given to Sormwer ar Lender whCn given as gmv�d�d is�tl�is paragrnph.
<br /> �- __ },� : ca �ri�y�Insmmaent shalt 6e gavemec�.liy fedeial i�w and the law 4f the
<br /> 15 Governing Ii�wt SeverabDit9..
<br /> ` � `�� � �3arisd{etIion ia wbich the Prop.. is tacate�.�the evem that�ay pmviston or clause of��his Secarity Lu�rumebt or.�e Note � .
<br /> -�.u.�c;,..:�-,.� .
<br /> h=�:s:: � ; " cs��ticts wltD applicable)aw,�confl4a shall aofaffea�oth�pravjs�ous of c�is_Secan¢g•�►ent or the Note a�caa be
<br /> , ., ."`�;,� � • ,g�Vetl�NCCt WIIIIWt ZI18 ObII��D$DfOtijSIOA.To this end the provistons of tttis Se�ty�,�strument�and t4e Note are deciaied .. .
<br /> « : �� ��to be severabte. � � : . ,�
<br /> 16.Borrower's Co .Borra+wer s'dall be�gn►e�n ane oonfonnetl q�py of the Note aud of tbis Sectttity Ins� . � .
<br /> - :'��:�'.` . or a Beneftdal Jnterest Cn Bqrrower.If a�l or mry part of the PraDertY or az►Y lnterest in it
<br /> ���:�.+-,. ,:��.:,; . 't�.Ttat�f�oY t6e�perty
<br /> �'.'�`�;��,.�,;-...;, ' ia sot�a�trm�sferce4(u:ii a be.neficial interest in$ormwer bs,�o2d ar transfened aad Bnrrower is not a�tarai person)witho�
<br /> ' , Leader's prIor wrltte�i consent,�.ender ma�r, at its opuaca. ,�qnere L�pedsate PaYm��t:+m,f�1t oP alt snms seiaued by t�ia .
<br /> -•.,`f�'`� .� .� � S�rity Tnstcumem.However,this option shaU rtot be exerCised by l.euder if exen�se is ytotabixed by federal.l�v�►as of 1I9e date
<br /> ri , - � . of tbis Securiry Iasuumtnt. " °�__
<br /> uum
<br /> >• 1f I,ender�xercises this opdon.Lender shalt give Bomnwer nodce of aooeleratIoa.T6e notice shal!pm v�de a period of not
<br /> ' :.,���.:; . ��.. .' tess than 30 days from the date ttte nottce is delivered or mailed arlthin whidi Borrp►wer inust p�y all.swi�secured by tais.
<br /> .,:.,;'t:�:`�;;,,:�',�� . .
<br /> '1 � ' bispnment.lf Bamawer.fails to pay'deese sua�s�rioi to tbe expiration of Wis.peiiod,Lender may}nvo�e a�y ri�nodits. .
<br /> �„�,��,��,;;..:. ��.;•. � �S`.' � .
<br /> : �.i::.,;�,,,��, .;.;.; . pe�by this Securlty instrnment without further ncmce or de,Aiand on Borrowet. Bormwe�.shall haqe the rlght. to�ave
<br /> �`� '�`.',f;;�;: :.;; 18..�Borruwer's RI to Relnstate. If Botmwer m�is o�rtain coudldons.
<br /> -: ;L'-,-;=r enforoement bf tNs Sea�y ingtrument dlscondmie�d ae eny time prior to the earlier of:(a)S daYs(or such ather peifod as .
<br /> :-,::�;�# � applira6le taa ms9 specifY for reinstacement)before sale of the FmP�Y D��t to aay power of sale oontaineai 1n tWs . --_
<br /> ;���{ :Se�t�Iasbument;ot(b)enuY of a j�gment enforcing this Se�rity Instnrment.Tdose oondittons are that Bo�er:(a)DaYs
<br /> ,,�,,, ,.,. �.i;, � �z�swns�vhteb then woutd be dne under this$�usity InstNmem and the Note as 1f no apcele�at�on i�ad ua�rnA:(b)
<br /> , s all ex enses insnmed ln enfoning thls Secvrity 1nsq�ment. --
<br /> ; cures'�ay defaWt of atty otHet cove�nts or agreements;{ca PeY F --
<br /> �inclading,but not limited to.ceasdnabfe attomeys'fces:nnd(d)takes sacit actton as I�nder maY reasonab�Y requlre�p a�s�� �-- :
<br /> .,. 7.�.:� -�-
<br /> ;`�`::�; � that the lien of this Security"Iostmmen�Ixndec's rights in tlie�rope»y and Bo�mwer's o�ligadon tu pay the sums seWte�by
<br /> {,..- �
<br /> :r'� tHis Security Inahwrtent shall oontinue unchanged Upon.reln�tatem�mt by �orrower, this Securlry•Instrameht and tiie _-
<br /> ..,..�.,:,;::_
<br /> ,�` " . � obllgattoris�ecared�iser�eby sha0 remaln tiililly¢ffeaive as lf na acceteratian�haA ocarred.Howevei.Wia rlght w ieinstate sha1J� �. �
<br /> y h17. �'�
<br /> `� �,`i not apply.in the case o!acaeteratron�nder paragrap • -
<br /> . .�; `. �:� IQ. Sale af Note;Chaage of I.asn 5ervtcer.The Note or a pardal.interest in the Note (wget�er wtth dtis Se�ulty ..�
<br /> �i" - tnsaument)fnay be sotd oae or mnra times withmit prtor not�ce to 8onov�er.A sate itmy�e+esult 1a a change in tiie entity(knawn ;_r •� :..
<br /> 'I9�erc atso roay ,��.
<br /> . .. �.. ,; �..• as the'I.oan Sen►icer")that collects monthly payments�ue untier the Note aad.thla Soairtty tnswment. 6e one.. .,�
<br /> - � � , or more changes of the 1 oan Servicer ui�related to a saie of the Nate.If there is a change nf the Loan 5ervicer:Sotmwer wi118e ��::�
<br /> . : . . given written notice of ttie ch�Be in accordance with patagraph 14 above arWap�llca6le Law.The aodce witt stnte the tf�m�end t��
<br /> ,��,.�;.,>.';•`.+ address of the rtew 1.oar►Servicer and the address to whicb payments should be made.The nottce wUl etso'eontain s�ny other .:,.'
<br /> ; . inforttrdtlon reqnired by appl�Cable laar. •
<br /> rt
<br /> ' ',,, • zp: Uautrdaus Substanoca.. Bomnwer shall aot cause or permit the presenoe. use�disposal. swrage,or release of any
<br /> 0
<br /> `.. .. .:..;::--� _ H�ardous Substm�ces ou as�Ht ti��ty. 8arrauer s1ml�nai dQ. ac+r attnw anyone etse to do. anythin� afferting thcs . .-.
<br /> ;,�.��.;.•-„"�1�:, pruperty that Ls in viotation of any Envitonmental law.The preceding two seatences shaU not apply to tfie presen�e.use.or �,
<br /> , .., '.,';;��, storage on the ProQerry of small quantittes of Harendous Substances that ere generatiy reaogniud to be appmpriace to normal �, ::,,.
<br /> ' res�denttal uses mtd to maintenance of the Propetty . '
<br /> ,1.. ��" . vn9e a e+a ionn 8028' 8/90
<br /> `"„•;.,:�'�-
<br /> : .,..� . . �--.
<br /> ' � .��:,; __ • — -
<br />
|