|
4 is_�u-.. •:� :_'-•'v:•1��t - c. ��"���....'�.• .a�ti....2iz S .ar'� .,i`�l.�.i. .'v.P.�a`r xt�U '�S' .l undM � .':4 . _ _
<br /> "�_- ��_�'���r"S�u'k{iSi"�w`4+` �SS•i�cbcc {``� �+i!!:� � � '�'�o _ �+�ti:SWri:Y.- �..- _...�ar..:e�urli€i:,.
<br /> � �. .� � ." __ � '.
<br /> r . . 9�~
<br /> if Lend�required r�nrtgage in,�wancS as a c�aadition of m�rking the Ioan secured by this Sec�t��ns�mc'n�
<br /> Bonower shall pay the prcmii�m5 requir�:d t�mxintain,the insurance un effect untel such time as the requirement for the
<br /> � ir�surance terminates ia accu�dance svith BnrFCw�t'�accd�,en�er's written agreement or appticabta taw.
<br /> 8. Inspection. tender or itx agent xaa}raake reasonabPc;en��ees upon and inspections af the Pcopesty.I,ender
<br /> shalZ give Bonower noticeat the�ime of or pri�at to an inspecriun spQCifj�ag reasanable cause for the inspecrion.
<br /> 9. Condemnatioa. The prc�ceeds af anj{award or ciaim fos d�nages,direct or cons:quential.in connection with
<br /> any candemnarian or other taking of anu past qf.tthe.Praperty,ar fa.conveya�ce in lieu of condemnation,are haeby
<br /> assigned and shall be paid to Lender.
<br /> __ In the ecent of a total taking of the Frepeity�•the proceeds,sh�all be applied to the sums secured by this Security '
<br /> ; Instrument,whether or not then du�,witkt anir exce�s paid to Boar�qv�rer. !n the event of a partia)taking of the Property.
<br /> unless Borrowr�and Lender otherwise agree in writing,the sums s�ured by this Security Instrument sbalt be redaced by
<br /> the amount of the proceeds multipfic�b��the foll��,rEng fracuonc(�j the total araount of the sums secured immediately
<br /> before the talc�ng,divided by(bj th�fair rnarket vaiue of ihe Property immed�.ately before the taking.Any balance shall Ue
<br /> paid to Borrow:r.
<br /> If the.t?roperty is abandoned by pnrrower,or if,after natcrx by Lender to Bonaues that the condemnor offets ta
<br /> make an awar�:or settle a claim far dama�s,Borrower fails to re<�and to Lender within 3fl ciays after the date the notice is
<br /> : given,Lender�authorized t�collect and�ppl��t}�c grcrceeds.at�is option.eithet to restorarion or repair of the Property or
<br /> to the sums sacured by ihis Secnrity Ins±namer►t�.W�e�tscr op nat then due.
<br /> Unl�Lender and Borcawer oth�rv�i�agc�e its�r iting,any application of proceeds to principal shall not eatend or
<br /> postpone the due date of the monthly pa�rm�nte�refcrr�to in g�;r^,,graphs 1 and 2 or chan�e the amoune of such pay-m.ents.
<br /> 10. gae�ower Not Rele�sed; For�r�nce L�;y Lender 1�t.¢a Walver. Exter�crs of the time for paycar,�t or
<br /> ricodification of amartizatian of ttte sums secured t's�this Security Instrur.-..PUt grant��,. Lender to any succes�;r in
<br /> interest of Bonower shall nat operate to relea�e the tiability of the original&^;�4��r cr i�;:�rower's successors in interest.
<br /> Lender shall not be requimsd ta commertca procee�ings against any succes:�;;�:�, ir.t��: �r re`use to eatend time for
<br /> payment or otherwise modify amonix�ti�arr af the sums secured by this Security Instru��r:i=�,reasan af any demand made
<br /> J� ; by the originAl Bonower or Bonower's�u,,,;�sors in interest.An}•forbearance by I,end�r;�:er,�c�sing any right or remedy
<br /> , shall not be a waiver ofor preclude th�exercise of any eiglst or rers�3y.
<br /> � ii. Successors and Asstgns Baund;Joint�5e�erat��Si�ity;Co�:g:ers. �"ffe ce�enar�w��.cd agreements of ; �
<br /> � this Security Instnament shall 6ind and b�nefit thnsuc:.��,sors ar.das�:a:ss of Lea'cT and Bo:rower,subjeet to the provisions �
<br /> cf paragraph 17.Barrow�r's cove�tntF and agreements shall be j��_.t and severai.Any Borra;uer whv co-signs this Secu.rty '
<br /> ; Instn;ment but.doea not eaecute the 1Vote:(a)is co-signing this ffa:.crity lnstrument only to mortgage,grant and cc?r�sr�y �
<br /> thAt Bonea•�r's interest in the Pn,�per,ty under the terms of'this�cy:c�:ity Instrument;(b)is not personally obligated ta pay
<br /> the sums secured by this Sacurty In�trument; and(c)agrees that Lender and any other Bonower may agree to extend, z
<br /> modify,forbear or make nn}t accommodations with regard to the terms of this Security Instrument or the Note without
<br /> that Borrower's con�nt. �
<br /> ! l2. LoAn Cl�arges. If th4 lupn��;ured by this Security Instrument is subject co a t3�which sets martirrturtP t:�an
<br /> charges, and that law is finnll.► :ructFt�.;:.d so that the interest or other taan charges �;,c;iected or to be collec.;ed in '��`
<br /> ; conn�tion with the loan eaceed the permitted limiis. then: (u)any such laan charge shatl be reducc� 13y .he a:;nount •� '
<br /> • no^•essary to reduce the�httt�e to the permitted limi�:and(b)any sums already collected from Borrou.�r a:t�:ch�Qc�eded ��
<br /> � pe;mitted limits will be refondoci to Borrawer. Lender may choose to make this rcfund by reducing the principrtl;�;;ued
<br /> , under the Natc r,r by making a ditect payment to Borrower.If a refund reduces principal,the rcductian will be treat��as a
<br /> partial prepayment withnut pny prepay�rent charge under the Note.
<br /> 13. Legislation Al�ecting Lender's Rigl�ts. If enactment or expiration af applicablc laws has the effect of �
<br /> rendering any provisian�f'the'.Vote or this Security Instrument unenforceable zccardin�to its terms,Lender.at its option. '
<br /> may require immediate payment in full of all sums secured by this Secusity lnstrument and may invoke any remedies �`
<br /> permitted by paragraph 19.If Lender e�ercises this optian,Lender shall take the steps speci fiui in the second paragraph of �
<br /> paragraph 17. '�
<br /> ' 14, Notfces. Any notice to Barrower provided for in this Security instrument shall be given by�elivering it or by i
<br /> mailing it by first etass mail unles.s applicable law requires use of another method. The notice shall 1��L directed to the ' �
<br /> Property Address ar any other address Barrower designates by notice to Lender. Any notice to Lender shaU be given by
<br /> fint class mail to Lender's address s9ated herein or any other add<<�ss l.ender derignates by notice to Borrower.Any n�rice �
<br /> provided for in this Security Instrument shall be deemed to have been given to$orrowcr or Lender when given as provid�:d�
<br /> in this parugraph.
<br /> I5, Governing I.aw;Severability. This Sccuriry Instrument shall be g��verned by federal law and the law of'the
<br /> jurisdiction in which the Yroperty is located. In the ctient that any provision�3r slause af thiti 5ecurity Instrument or the
<br /> . Note conBicts with applicable law,suCh conflict shall not affect other provi5ions of this$rcurity instrument or the Note
<br /> which can be given effect without the conflicting provisian.To thiy cnd the provisions of tt�is Security Instrument and the
<br /> � Note are declared to be severable.
<br /> l6. Borrower's Copy. Horrower shall be given�ne ccmformed copy c►P the N��te and of lhit 5ecurity instrument.
<br /> , 17. Transfer of the Property or e Beneficjal lrtterest in Borrower. If aU or any part �f the property or �ny
<br /> interest in it is sold ar transferred(or if a beneficial interest in B�rrower is suld nr transferred and Borrower is not�n�tural
<br /> person)without I.ender's prior cvritten cansent.Lcnder may,at its opti�n,require immediate payment in full c�f all tiums
<br /> secured by this Security lnstrument. Hawever, this option shal)not be exercised by i.ender if exercise is pruhibiteJ by
<br /> federal law as of the date af this Security Instrument. ' `'-
<br />` Ii Leuder e�sercises this option,Lender shal)give Edrrower nntice osucceler�tiim.'Che notiee shall pravide a periud .
<br /> ��f not less�han 30 days 1'rom the d�te the notire is detivered or r�rtailed within a�hich Horrower must pay a11 cums secured by
<br /> this 5ecurity lnstrument. If Rorrower fails to pay these sums pri�r to t}►e expiratinn of this period, l,ender may invuke any
<br /> remedies permitted by this Stcurity Instrument urithpt!!fc!rther nouee�r t3emssu!r.n 8c�rra�c:. •
<br /> 18.$orrower's[�Fght to[teinstate. !f$otto�ver meets certain conditinns,f�ormwer shaA have the right to har•e �
<br /> euforcement�f this 5ecurity Insttument discantii�ue�!�t any time prior to th�e�rlier c�E 1a>5 d�ys(or such�ither perind�s
<br /> �� � applicablr lnw may spe�riPy for reinstaternent)hefore sate of the Propetry pursuant to any pnu•cr cif sale cvntainetl u�this
<br /> 5ecority Instrument;or(b}entry nf a judgment cnfurri��g this 5ecurity instrument. 'ihose cc�nduions are thal Horrnw:r. �.
<br /> — t�) p�y�s l.endrr ali sums which then wouW he due under tliis S�curity Intitrument ai�d thc ;vc,te had nn acc;lerst�nn ti
<br /> uccurred: Ib)cures �ny dcfault of ang ather re�ven�ntv ar agreements; (cj payc a1) cxpe�nses incurred in enfi�rcin�� th�s _ ��
<br /> 5ecurity intitrument, including, but n�rt hmite�i te�, reascmable attnrne}��'fre�. :i��d(d) taF.c��uch acn��u:�� 1 rndet may
<br /> '� rcason�bly reqtnre tn,�sture tluit the tiea af tftis Secunty� Instrumrnt. Lendcr'ti r��ht4 u} tht: Pre+�rttc a�iai H��rFES.«F�� r, -
<br /> --'—'��� uhlig�tint� tn p,�y the tiurnr c�EUree1 hp tMs SCCUrIfy In�ttuntcut vhalt t�minnre t�u�•tj.utgec} l�pur� rcu��fatemrnt h� �
<br /> I)i�trc+u•cr,thi�,Seeunty 1►tititrumens nnd�tir�>bl�s;al��m�ticcured hereht•tih�f!!rcnf;,ar►full}�efti��ti�E•e.if m�ac._;;cr.it�t��i fi,li!
<br />- �- :tCLU(ICII. HfTLY�'�"C�.thi�r�tthlU,reiu�tate�hullitc�t:�pp1}•u�thcca;:•„fa�i�clrr.�h,+n�ir7etcr �,.�r.�ln:iphaf��,r1"
<br /> � ��,
<br /> ,'
<br /> �'�� �
<br /> � -;it4;'� .
<br /> ,.' - •
<br /> ` ��'�t
<br /> .. t.
<br /> — _ _ _ �_ __ -- _ _— �
<br /> _...�-�.�t.,.�-m�,�..�.,����•,.,.;��� y�v. _ ' � - � ._ _
<br />.. .... _ �.,_._r.. .�q.� ��� . ,� �Tf �[ie r -5 �'��R�9'�` i�-Y - .t _ . _.. .,�__.. ... . . .
<br /> " .:. .�....:� �61
<br /> ..-----_. „_.L'�'-a....-_ _... � -..... .a.�.:... .�..._._ -_.. - .. _ - . � � .. -- - _ . --
<br /> tttli''Al�i�1 :�fii3S'�t .�
<br /> "`�':
<br /> - __ .-- ,�:._._ " - � _ -_
<br /> • ..... �.�.
<br /> 7.:-- '�-----°•— --�- ---- --------•-'— �- —�---�---- - -- �- � ---
<br /> .-- . -•-'---'-- -- . .
<br /> -— ---'
<br /> ----
<br /> ___.�
<br /> - -- -��-_.:, . -�-..-.-- --.,,.--,•q�F--T�.,.,,.--.-...r-•-,-:�..-.,�_�..�..�--,..— ��-�-._----- ---- - -- -----—----- ----- ---- --- -- -------' . --.. . _ ,
<br /> . . , "F"j.-' . . � � .
<br /> ... , . . � � . . . . . • .., . ' . . .. . ,-, _ . �"`
<br />
|