|
� i..S
<br /> } — �..,1�..J, ---'_. _ . . .____.,..,.,_.'�if'��-.._-�
<br /> �.dt `.�'._-__._.__..�_.o.._...a,_.r�..= -"_���.�.._—— —_ — _ _ .
<br /> ___. .__ _ _. _ .. ___..._. _ ..__..._ . _ .. . _...
<br /> _. ..____ _. ._._ _.. _ .. _
<br /> ._... . �, . . ._ __...... __ _ __
<br /> �V� �.�i�����
<br /> paynxnts rr�ay no longcr bc rcquircd,at thc aptiun of l.r.iider, if mongagc insurnnce a�vcr.�gc(in thc umoun� .md for thc peri:xl
<br /> that l..cndcr requires) providecl i�y an insurcr npproved by l.cndcr��bain hcconus+rvuilabla mttl is obtained.F3orrowcr shnll puy
<br /> the premiumc requircd to muintain niortgage insurancc in effcct,or topnividc n lass reserve,until thc rcquircrncnt for mortgngc
<br /> insurance ends in uccordunce with any written ugreement he�ween Borrowcr und I�ender nr upplicnhle law.
<br /> 9. In�pectlon. L.e�xler or its agent may mnkc reas�nahle cntrics upcm and ins�xclions of thc Propeny. Lendcr shull give
<br /> Borrower notice at the tlnte of or prior tu an inspection specifying rc:�sanahle cuuse firr the ins�ctiun.
<br /> 10. CondemnAtian, The proceeds of any nward ar claim far damuges, direct or rnnseyuentiul, in ci►nnection with unY
<br /> con.demnation or other taking of any part af the Propeny, or f�r conveyance in licu of condemnation, are hereby assigned�uid
<br /> shall bc paid to Lcndcr. `
<br /> In thcevcnt of u total taking of the Property,the procads shall be appficcl to thc sums sccurcd by this Sccurily Instrument,
<br /> whether or not then due, with any excess puid to Borrower. In thc event of a partial tuking of tlie Property in which tlte fair
<br /> market �alue of the Property immedintely beforc the taking is equal io or grcutcr than ti3c amount of thc sums sccured by this
<br /> Securiry Instrument immediately before thc tnking,unless Borrower and Lender oth�rwisc agrcc in writing,the sums secured by —
<br /> this Security Instrument shall be reduced by the amount of the procceds multiplied by thc followin�; fraction: (a) tlm total
<br /> amount of the sums secured immediately before thc tuking,dividecl by (b) the fair markct valuc of the Propeity imntcdintely
<br /> before the taking. Any balance shall be paid to Borrower.[n the event of a partial taking of the Propeny in which thr, fair
<br /> market vnlue of the Property immediately before the taking is less than the amaunt of the sums secured immediately beforc the
<br /> taking, unless Borrower and I.ender otherwise agree in writing or unless upplicable law otherwise provides, tlie proceecis shall
<br /> bc applied to the sums securcd by t}iis Security Instrument whethcr ornot the sums are then duc.
<br /> If the Property is abandoned by Borrowcr,ar if,after natice by I.ender to Borrower that thc condeinnnr offcrs to make un
<br /> uward or settte a clairn for damages, Borrower fails to respond to Lcnder within 30 duys�►fter the date the notice is given,
<br /> [.ender is nuthorized to collect and apply the proceeds,nt itsnption, either to restora�ion ar rcpair of thc Property or tu the tiums
<br /> secured by this Security Instmment,whether or not then due.
<br /> Unlcss I.endcr and Borcowcr odicrwisc ugrcc in writing, uny applicntion uf prc�c:ccds to principul tilmll ni�t cx�c�xl or
<br /> postpone Ihe duc date of the monthly paymentc refcrr��1 t� in puragruphti t wxi 2 or r:hungc�lie iimnuni uf�uch puym�nl+.
<br /> 11.Bc►rmwer N�t Relew.tied; Forbewrnncr Hy l,ender NM�a Wwiver.Nxtcntiiun nf�hc lin�c li�r pi�ynknt or nw►cllficutfott
<br /> of umnrtlution uf the sums�eeured by thls Securily Instrun�ent gruninl by I.��xler tu utry �ucces+ur in Interest of W�rrawcr shall
<br /> not operate ta releu.x� the liability of�he originul Ik►rrower nr }�rrc�x•er's succexsors in interest. Lender shall iH�t tx:rcqulred to
<br /> conmxnce proceafings uguinst uny succcssor in intcrest ar rcfuu t��cxte�xl Ume fitt puymcnt ��r athcrwiu m��fify unx►ni•r.ution
<br /> af the sums xxurcd by lhis Securiry Instrumcnt by rcason of uoy demuixl mudc by thc ciriginul F3orrowcr or Ikirr��wer's
<br /> successors(�!� intcrest. Any forbcurunce by l.endcr in cx�rcising any right ar rentedy shull not hc u wuivcr uf or prcclude thc
<br /> excrcisc of uny right or renxdy.
<br /> 12.Suce�.wsors and Assigns Bound; Jolnt and Several I.ipNlity; Co-signer.+, i iic covcnuni� a�� a�r�i��nt� a'':l�io
<br /> Security Instrumcnt shall bind and benefit the successors and ussigns of l.cndcr •rnd Borrower, subject to thc provisions of
<br /> paragrstph l7, Borrawer's covenants and agrecments shall be joint nnd several. Any Borrawer who co-signs this Security
<br /> Instrument but dces noe exeeute the Note: (n) is co-signing this�ecurity instrument only ta mortgage. grant nnd cor►vey that
<br /> Borrower's interest in the Property under the terms of this Security Instrument;(b)is not personally obligated to pay the sums
<br /> securai by this Security Instrument;and(c)agrcc.s tt�at L.ender and ony other Borrower may ugree to extend, modify, forbear or
<br /> make any ecwmmodations with regard to the tenns of this Security Instrument or the Note without tliat Barrower's consent.
<br /> 13.LoAn Charges. If the loan secured by this 5ecurily Instrument is subject to a law which sets rnaximum loan charges,
<br /> and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the
<br /> loan exce�d the permitted limits,tlien: (a)any such loan charge shall be reduced by the amount r�ecessary to reduce the charge
<br /> to the permitted limit;end(b) any sums already collecte�(rom Borrower which exceecied permitte.d limits will be refunded to
<br /> Borrower. Lendcr may choosc to make this rcfund by ralucing the principal owed under thc Note or by making a direct
<br /> payment to Borrower, If a refund ceduces principal, the reduction will be treat�i as u partial prepayment without uny
<br /> prepayrnent charge under the Note.
<br /> 14.Notices.Any notice to Borrower provided for in this Security Instrument shall be given by del'svcring it or by mniling
<br /> it by first class mail unless applicable law requires use of another rne�hod.The notice shall be directed to the Property Address
<br /> or any other address Borrower designates by notice to Lender. Any noticc to Lender shall be given by first class mail to
<br /> I,e»der's address stuted herein or any other address Lendcr designates by notice to Borrower. Any notice provided for in this
<br /> Security instrument shall be deemed to have been given to 8orrowcror Lender when given as provided in�his paragraph.
<br /> 1S.Governing Lww; Severability. This Security Instrwnent shall be governcd by faleral law and the luw of thc
<br /> jurisdiction in which the Propertv is locatecf. In tlie cvent�hat any provision or clausc of this Security Instrument or the Notc
<br /> conflicts with upplicable law, such conflict shall not affect other provisions of this Security Instrument or ihe Note which can be
<br /> given effxt without the conflicting provision. To this end�he provlsions of this Security Instrument and the Note are declared
<br /> to be severable.
<br /> 16.Borrower's Copy.Borrower st�all be given one confonnedcopy of the Note and of this Security Instrument.
<br /> Form 3028 9/90
<br /> Pape�o+6
<br /> -:- -�-. -. ... . :.�-:� -
<br /> --.:- . . .—� . .
<br /> ` . . ' ' �.,�a "'� � ' ' — — -- — — ---
<br /> •- •�-
<br /> '' � s ' ��� — —_—
<br /> .LV��. . ___ - �� �--.a.�.._
<br /> . . . .. _ , �, ., . ..r,�r'r---3 MX�. _
<br /> - --- ----- --'-- - -- - - -- ---- _ -
<br /> --..-- -_.-- � � -----. .._.. ,- _....- .,. .
<br /> - . �Tr �[-5(=�l"S:T'�i�EYlf'�a�Y�s 4Ya
<br /> .- ' � . 't 1 �' f r arma� •-- - ____
<br /> � . . . L. rA� � �714�M'a"'r�.` . �
<br /> � 'i • i���.qT �+'R --�
<br /> � • ., .� . t '�'� � .l•�j I �tti�(/P���7 J ���. .2'- __
<br /> `X _ . ' - ., • : � ..r`' , ..+�r:� '�� : �. � ��q t �.—
<br /> p , � .. . .. . � . :-+�4 '�f �, H .�:}���-7.���, a 1�'k-��t:�..m _ `°_.
<br /> x , . , .„~ �:���n�.a,^��::eta� �F+ � ,�y„ ��.��� i
<br /> �( t� ' � �'�:�^ �. r�i� I� T n- S,{�lCi�y: -
<br />. ( .� . . .. r ' ,�:�' 6. i- R�j Y .xj.�'��x�.a.- _.
<br /> ,;���.. .��� ���N�� ��=� � ,:i".S' TF�.�--
<br /> �^ Y' }
<br /> • . ;.�„'a`3 r1e'��.r J��ba_!y a _t" ]�-� y��pp�.
<br /> • � .. ' ` - ••��4.u:�!''`� yki{sY�r�{ki ���� ~.ry .�'�;-'*-�'�_.�..
<br /> � `t�i
<br /> , `!''� '`.f '�:A� ` ;��r?ra,�s�wi.-�-
<br /> .. . . :�.'#?itl��ai ��• L�k;ir'iva-_
<br /> ., . far:' �� �i'" -o r .> ��::
<br /> ,nrr
<br /> ' . " ".�� :k` ! ,Tf':.
<br /> �•,'s. � �, ��� �::
<br /> �.?�".-
<br /> • � - : '�N � ,�. , :,;,.'�( r,� � .�..'
<br /> . . ' . .' . i:��;;��p��fee :y-:y i:����,}� !���`•� r �_y,.
<br /> .M,M;e •�4..i� _
<br /> , . �� . r..y. . �,_
<br /> }J ' .�_ .. . !_. .. .. . .�!'i .. t=Yi�_�
<br /> I .
<br />
|