|
�.�....�,.,,,.�.�.�
<br /> r��� � �����
<br /> `� fi ��
<br /> ° ,,.r_.,;:� •.��1Yltx,;'�4:e�4c:�;:,6t:,.i�_ �..�_"'`+<:u ._;,�=-�"�'!':�=__—_ _
<br /> . ,:t--�-=--°--'-'°-"''------. =s:_....,.�_�-e-"-r--- -
<br /> .' '_ _iY�F�''a1G'8'_"IQ'
<br /> . ._ ._-----.. . .
<br /> ----_..._ . ._.."__--
<br /> _ ____ 98-- 113U30
<br /> . prymaiu may cw loager be reQuired, at the option of l.ender�if nartg�ge insurancc covenge pn the arnount uM for the pedod
<br /> thxt I,.endtr roquirca)provldM by an inaunt approvod by Lender agdn becomee�valleble and is obtained. Bonower shwll p�y
<br /> t6e premiums required tn nudntain mottQtge insurenct ln effcct,or to provide a loss nserve, untii the requinment for morcg�ge
<br /> in�unuice er�ds in�ccordaoce with eny writtrn�►gram�nt between Borrower u�d Lrnder or�plicable law.
<br /> 9.I�rpection.Lender or ita�gent nuy m�1ce reason�ble entdea upon u►d in�pections of the Property. L.ender shdl givo
<br /> Borrower notice u the time of or prior to u►inspection specifying reasonable cauu for the inspection.
<br /> 10.CoademnNlr,n.The pn�recds of any awud or claim for damagee, dlrcct or consequential, In connection with su�y
<br /> condemiution or other tnking of wny pArt of thc Property,or for convcyance in Ile�t of condemnation, are hereby assigned and _
<br /> ehdl t�e p�id to Lender.
<br /> In tne event of�toul taking of the Propeny,the proceed�shal bo applied ro the sums sbcurod by this Securiry Iastniment,
<br /> whethar or not tden due,with�ny exasa pud to Horrower. Jn the event of a putid taking of the Property in which the fair
<br /> m�ricet v�lue of the Prope�ty immediatelY before the taking is equal to or gtcater then the amount of the sums secund by this
<br /> Sec�u[ty Instrumeat lmmodiately before the taking,unless Borrower and Lender otherwise agxa in wridng,the eums aecured by
<br /> this Socudty Instru�oent shall be reduced by the amount of the proceode multlplied by the following fraction: (a) the total
<br /> �rnouc►t of the enms eecuted immedisuly before the taking. dtvided by (b)the fur marlcet vdue of the Ptopeny immediately
<br /> b�fare the uking, Any (�lu�a ah�li be pdd to Bormwer. Ia the event of s pucial takiag of the Property in which the fdr
<br /> market vdue of the Praperty immedi�tely before the taking ia les�thu►the a�nouat of the sucas secuced immedfately before the
<br /> udc;ug�unless Borrc,wer md Lender ot6erwiae ag[a in writing or unleas applicable law othenvise provides, the proceeda shall
<br /> bt�pplied to the eum+secured by this 5ecudty Instrument whether or not the sume an then due.
<br /> If� Propercy is abAndoned by Aorrower,ur if,aftor notia by Lender to Borrower that the candemnor offero to make an
<br /> awud or settle a cldm for damages.Borrower fails to nspond to Ixnder within 30 days after the date the notice ia given,
<br /> L,ender u suthoriud to wllect�nd apply th�procads,at its option,either to resroration or repair of the Property or to the eums
<br /> securedby this Secudty Instrument,whether or not then due.
<br /> Ualesa T.endor+�n,d Bormwer otherwise agra in writing, any �pplication of proceeda to princip�l shall not extend or
<br /> poatpone thc due date of the monthly paymenta referred to in paragraphs 1 pnd 2 or c6uige tl�e aawunt of such paymente.
<br /> il.Borrower Not RdeASed;Forbarance By La�der Not o W�va'.Eatensioa of the time for�ayment or modiflcatton
<br /> of amortization of the sums axural by thie Security Inatrumcnt grantod by l.ender to pny sucaaaor in intereat of Borrower shdl
<br /> not opaate to release the liabiliry of tLe original Borrower or Bonower's succta�ors iu interat. L�nder th�ll not be required to
<br /> �p�p�ttdings Againsc any succeasor in intenat or nfuse to extead time for payment or otherwiae modify amoctlzation
<br /> of the twns socnred by thie Security Instn�rnent by reason of eny demend made by the original Borrower or Botrower'�
<br /> suocesaora in interat. Any forbearance by Leuder in eaercieing any right or nme�dy shaLl u�t be a wuver of or preclude the
<br /> exercix of my rigUC or reaxdy.
<br /> 12. Sueceaso�g nnd A�ei�ns Boun�� Joint and Sevaal Li�bWty; Cwl�aas.The coveuants and agcamenu of thi�
<br /> �ri�y�trumen�sha1� bind aad benefit the successore and �aaigna of Lender md Borrower, eubject to the pmvlaioni of
<br /> paragr�►h 17. Borrower'a covenants aad agreements shall be joint and sevenl. Any Bor►'uw'er who caaigns thu Security
<br /> Inatrument but does not cxecute the Note: (A) ie co-sigaing this Savrity Insuument an1Y to mortgage, gru►t and convry ttuit
<br /> Borrower't interest In the Property under the tcrms of this Security Instrument;(b)is not person�lly obligeted to psy the eums
<br /> secured by tht=Security I��suumenr wid(c)agrees that Lender and any other Botrower raay�gea to extend,modify,forbe�r or
<br /> ��ay �cou�modatiupa with regatd to the terme af this Security Insuument or tho Note without th�t Borrowa't coment•
<br /> • 13. Looa CWrge�.If ttte loan secuted by this Secudty Instrumeat ls subJect to a law which sets maximwn lom charges,
<br /> and tlut law is flnilly lnterpretod su tl►at the intexest or other loan charga collxted or to be collected in connxtion with the
<br /> loan excoed the permitttd limits,then: (a)anY such loan charge ahall be roducod by the amount necessary to redua the cbarge
<br /> to the permitted limit; and (b)u►y sums dready wllxtal from Bocrower whlch exceedod pecmitted limita will be refiuided ta
<br /> Bomc�wer. Lender may ehoose to m�ice this cefund by reducing the prineip�l owod under tl�e Note or by m�kin6 � dirat
<br /> piymat to Borruwer. If a refund reduces principal, the cedUCtion will be tretted as n putial pnpaYment without any
<br /> pnpayment chargc under the Note.
<br /> 11. Notices. My notice to Borrower provldal for in thia Security Inatniment shall be given by delivering it or by m�iling
<br /> it by first class mail iuiless applicable law requires use of another method.7fie notice ehall be dirocted to the Property Addreu
<br /> or any other addnu Borrower dcsignates by notice to I.ender. Any notice to Lender shall be given by first clau m�ul tu
<br /> Lenda's address statr,d henin or any other address Lender designata by notice to Burrower. Any notice pro+ided for in this
<br /> Securiry Instrument shall be damed to have ban given to Bonower or Lender whm given�provided in chie pu�gr�ph.
<br /> 15. Govaning I.av►; Se�'ecabllity. Thia Security Instrument shall be gavernal by federal law and the law of We
<br /> juriadktion in wLich the Property is located. In the event that any provision or cl�use of this Socurity Inauument or tho Note
<br /> cbnflicts with applicable law, such conflict shall not affect other pmvisions of this Security Instcument or the Note which c�n be
<br /> given effect without the conflicting proviaion. To this end the provisions of this Security Instrument and the Note are dxlarod
<br /> to be severable.
<br /> 16. Borro�wa's Copy�Borrower shall be given one conforaied copy of the Note and of this Security Instrument.
<br /> �«m 9o2s s�oo
<br /> i' �3RlNE)�ex�zi.ot P'°'4 oi e �M��r�:
<br />_ �
<br />:=9 �
<br /> a" '
<br /> r
<br /> �(1261.Gm IIN6
<br />.. 'I . _ . _ . . ._ . .._ _ . _. .. --
<br />
|