|
.. . .�.« ;ar . . ,� n. -_� ...�fi.-
<br /> . . .j•. Lru--_--
<br /> . n., _.: n� . . ... ..� ..... .r.ea;•qq�,�,ri«•r�� . :,. . .. . .. . , . j:. �-- -._,�'_`-- _
<br /> .. �. . , , '`` .i. j,.� , �.'s-- .--^ -
<br /> . . Sr;. �, � . ... . • . . . , , � � .. '� ' •'P.:L,�.a.-.._.
<br /> .� �r�� .i '(M�7ir.__..__
<br /> � �4 i.
<br />._..y�1C�yi.''''.P�:w_''��'�').5 t��1'�''!S MCICR��. 0Y .� .. .. . w� �rc . -_ . - �-�,•t�-'�---_"'" _
<br /> �
<br /> 5, , i ,
<br /> h..
<br /> .�
<br /> �,.
<br /> •
<br /> . i . _ ..
<br /> . ..
<br /> ct�--u . . . . __�,s......,.....,.: u�•-..`: —w.�
<br /> ...I :L -_...- .. - --=-'------
<br /> ,...��:-
<br /> �...
<br /> �N'.� -�_�._ ________�.r.� — ._.�.,,_ ----- -
<br /> _._.__.--•--•- ----..._...----- °��- ---- ---
<br /> .y:�`.'t'ki
<br /> , .�-�.
<br /> ..'�',r�i�s�
<br /> ; ��q, paymcnts nxry nu inngcr bc rcquired, ut thc uptic�n of L.cndcr,it'mortgngc inyur,mcc rovcrubc(in thc amaunt and for thc period
<br /> " ihut [.cndcr rcquircti) pruvidcd by un insurcr appruvcd by I.cndcr a�aii� hccunus uvniluhlc und i,uhmincd. Rorrowcr tihull p
<br /> � �� thc prcmiums rcyuircd to ntuinu�in murtgugc incuruncc ln eff'ect, ar tc�providc� u luss rcxcrvc,until thc rcyairement for murtgu�
<br /> • • :,'�� insurimce ends in accurJunce wlth nny written ubreement hetween Borrnwer and Ixnder or appllrublc law.
<br /> 9. Iny�xtitlon. l.cndcr ar its agcnt miiy mukc rcatianuhl� cntrics upnn iuid inspcctions of thc Praperry. Lcndcr shull givc�
<br />-;�+•.��� '� B��rr��wcr naticc ut thc timc af�ir prior to�►n inspcction Specifying rcasanuhlc causc for thc inhpcctiun.
<br /> w 10. Condcmnntf�n. Thc prucecd, i�f uny invurd cir cluim for damugcs, dircct ur conscraucntial. in rimncrtion with nny�
<br /> � cundcnmution ur uthcr taking ol tmy purt ot'thc f'roperty, or for convcy_tncc in licu of ccmJcmnatian, urc hcrehy ussigncd und�
<br /> `��..� shnl l hc pnid tu l.cndcr. �
<br /> r In the cvent of u totul�uking ol'thc Pro�crty,the prcuceds tihull bc upplicd to the sumti sccured by this Sccurity Instrumcnt,i�
<br />—:- � -, whether ar n►it tt►en due, witl�uny cxcess puid to Borrower.In the event of a partiul takin� of the Property in which the feir
<br />.'' „ ,.�
<br /> mnrket vuluc oF thc Properry imnmdiately before the taking is cqual tn or grcutcr than the umount o(the sums sccured by this
<br /> Sccu�ity Instrununt immcdiatcly before the tuking,unlcss Borrower und[.cnder otherwisc ugrce in writing,the sums tiecureci by
<br /> this Security Instrument shull be reduced by the umount of the proceeds multiplied by the followin� fractian: (a) the totul
<br /> ° "'-�= •- � umount�f the sums secured immediately before the taking, divided by (b)the fuir murket value c�f�he Property immediately
<br /> ;, ,, :.
<br /> " i�' '� beforc the tuking. Any buluncc shall hc paid to Borrower. In the evcnt of a partial tuking c�f the I�ropeny in which the fuir
<br /> ''. � . murkct vuluc of thc Property immcdiatcly heforc thc taking is Icss thun thc amount oY the sums securcd immediutcly beforc thc
<br /> �=� takin�, unless Borrower and l.endcr otherwise agrec in writing or unless applicable law otherwise provides, the procecds shall
<br />��j:',� „�.
<br /> ,_,,., .., be applled to thc sums sccured by this Srcurity instrumcnt whethcr or not thc sums arc then due.
<br />�.�.' If the Property is ubandoneci by Borrowcr, or if, uftcr nodce by Lcnder to Horrowcr that the condemnor offers to makc an
<br />'` ` ��'. � uwurd or settle a cluim for damages, Borrower fuils to respond to L.ender within 30 days after the date the notice is given,
<br /> "`'-�`'�\"''t;�;� Lender is uuthuri�ed ta collect und upply the procceds,at its option,cither to restoration or repuir of the Property or to the sums =.
<br /> secured by this Security Instrument,whether�r nat then due. =
<br />-.-��{•�:•.x � Unless Lcnder and Burrower otherwisc ugree in writing, nny upplication of proceeds to principal shall not extend or
<br /> • ' postpone the due dutc of the monthly puyments rcferred to in paragraphs 1 and 2 or change the amnurn of such payments. _
<br />,;,:-��.�"�,•.F� 11. Borrower Not ReleASed;Farbearunce By Gender Nut w Waiver.Bxtension of the time far payment or modification
<br />^'°��'•"'� of umortization of the sums secured by this Sccurity[nstrument�ranted by I.ender to uny successor in interest of Borrower shall
<br />-- ' �. not operatc tc� relcase thc liabiliry oY the originul Borrower or Borrower's succesmrs in interest. Lcnder shall not be rcquired to
<br /> ;�r`�:" ^ commence proccedings against any succes5or in interest or retuse to extend time for puyment or othenvise tnodify amortizution
<br />=���•�. of the sums secured by this Securiry lnstrument by reason of any demund made by the original Borrower or Borrower's
<br /> .-:,-.
<br /> _ _ ' successors in interest. Any forNeurance by L.endcr in exetrisin� any ri�ht or remedy shall not be a waiver of or preclude the
<br />;:�;'�:��_;�•' ' exercise of uny right or remedy.
<br /> -�'''�'��r 12. Succcssors and Assigns Bnund; Joint und Several Lfabillty; Co-s(gners. The covenants :►nd agreements of this
<br /> - ".'_u.ti��.,
<br />���%_'�' '� � Security Instrument shnll bind und benefit the successors and assigns of L�:nder und Borrawer, subject to the p•rovisions of
<br /> "'�"���' ara ra h 17. Borrower's covenants and u reements shaU be amt And several. An Borrower who co-si nti this Securit
<br />_���•e;�.�.r••:•: P S p t� J � Y 6 � Y
<br />=°'`'`�'�''�' " °� Instrument but does not execute the Note: (a) is co-signing this Securiry Instrument only to mortgage, grunt and convey thAt
<br />�.;yr{:,��,��'`''r Borrower's interest in the Property under the terms of this Securiry Instrument;(b) is not personally obligatcd to puy the sums
<br /> `';,:�r:.f,'-' secured by this Security Instrument;and(c)agrees that Lender nnd nny other Borrower may agree to extend, mcxlify,forbe:ir or
<br />.����-«:�:^��. . make any uccommcxiatians with regard to the terms of this Security Instrument or the Note without that Borrower's consent.
<br /> - '�'�}��� 13. Loen Charges. If the loan secured by this Security instrument is subjec:t to a law which sets maximum loan churges,
<br />_:�`,;;•.;:�ri
<br /> �-•,���;;,� and that law is finally interpreteci so that the interest or other Ioan chxrges collected or to be collected in connection with the
<br /> � ``� �-�-_---`' loan exceed the permitted limits, then: (n)any such loan charge shall be reduced by the nmount necessary to reduce the charge
<br />-:>n.-.n�..,_
<br /> �-��t„� � to the permitted limir and(b)any sums alrcady collected from Borcower a•hich excecdcd permitted limits will be refunded to
<br />° -�"'^W' Borrower. Lender mn choose to make this refund b reciucin the r�nci al owed under the Note or b makin u dlrect
<br /> ; :;�r,�' '-'� Y Y S P � P Y �
<br /> _- �=;_>��"- payment to Bonowcr. If a rcfund reduces principal, the reciuction will bc trcated as a partial prepayment without any _
<br />_ `- :,;-� prepayment charge under the Note.
<br />�'` '' ' 14. Notices.Any notice to Borrowcr provided for in this Security Instrumcnt shull bc given by delivcring it or by mailing
<br /> a::,�,,s
<br /> `"'��` ��•':� it by first class mail unless applicable luw requires use of another method. The notice shull be directed to the Property Address =
<br />' ''"''��`` or any other addres. Borrower designates by notice to Lender. Any notice to [.ender shull be given by first elass mail to
<br /> ;�,,_. �., ;:.
<br /> -�i ' I.ender's address ststted herein or any other address Lendcr designates by notice to Bon�owcr. Any noticc provided for in this —
<br />""'"-�'' Security Instrumcnt shall be decmcd to havc becn givcn to Borrowcr or Lcndcr when given as provided in this paragraph.
<br />--- ;i,�u' 15.Governin� Law; Severubility. This Sccuriry Instrument shal I be govcrneci by federul law and the law of the —
<br />: . �: jurisdiction in which the Propeny is located. In the event that any provision�r cluuse of this Securiry Instrument or the Note —
<br />' ' contlicts with applicable law, such conflict shull not affect other provisions of�his Securiry Instrument ur the Note whieh can be —
<br /> given effect without the conflicting provision. 'Co this end the provisions of this Se�urity Instrument mid the Nute ure declureci
<br /> to bc sevcruble. �`
<br /> 16. Borro�ver's Copy.Borrowcr shall be givcn�mc contimned cc�py e�f thc Notc and of this Securiry lnstrument. -_
<br /> �
<br /> Form 3028 8/90 �
<br />. Paye 4 0l G �.
<br /> c_
<br /> �
<br /> �
<br /> �
<br /> _:;.�,� _.._.... ..... . .. - -- - - - - - - -- -
<br />: , _ „ . .. -. .. . .�.::nkziYT..F3.RAFiid�c�d4.�':til1'ii�c.�DF:�.3�:�.:cF:Ex):.:.��+i;r`.tr;i.:��7..:
<br /> . �1K��tl�'�
<br /> . . � .. _._ ...
<br />
|