|
1 - �
<br /> ` , .
<br /> - . . . 90-� 1 V 1 ! '7 V
<br /> � � If LeaRtes:r�qili�pd marEgBgc;in�u�3ttu�:as a coaditioa of malcui thc laaa securad b ihis Sec�ui
<br /> S Y ty Instrumrnt,
<br /> . . Borrowe�[shdtt!p�,l!�t�jh:prsaiia#ns ss+ctuiri�,,�rmaintain thc iusuranre in sffect nnt�t sttth time as the reqitirement for the �
<br /> , ittsw�naC t��ttiitiatc�irl;acGond�ict vRit��Bbrsowa's aad Leadds written ageement or applicabte iaw. �
<br /> � . 8;: In=p�itii l.ender oc,ifs�agent may malce reasoaable eatries upon and inspections of thc Proparty.Leader
<br /> sh;di gi�^�Eo��r�s nptice at t�e timaof or g�ior to an iffipection apecifying reasonable eause for the inspection.
<br /> � `� •�:���A�`t�. The�rvro�f�af wry awazd ar ctaua for damages,direct or oo�asoquential,in rnnaection witb �
<br /> . . ' . af�t;COriQAniisafio,i}��or,Othct takittg;of�u�>ptitt of the Property,or for caaveyance in lien of condsmnation, are hereby
<br /> ��:a"ssignrdin�s�6ep�idtaLeader� �
<br /> - � : :; ,;Iiiitiic eve�t of a tot�t taking�of thc Praperty,the proceeds shall be appfied to the sums secured 6y this Secnrity
<br /> Iq�ni�i�it,�wtiether�r aot tIi�dua with any excess paid to Borrawer.In the eveat of a partiai taking of the Property,
<br /> :::�'.tttlless Borrowec and�.eadar otherwise agree in writing,thG sums soeured by this Security Instrumrnt shall be rcdaced by .
<br /> �=�-- ttit amouat of the p�pceeds mulaplied 6y ihe following fraction:(a)the tota!amount of the swns securod immediacely
<br /> . �.'`� �' befora the taking,divided b�(a�.the fair market value o�the Property immed�ately bEfare the talcing.Any balance shall be
<br /> paid to Bormwer� _ . ,
<br /> . I£dm Prnpe3ty is a6atidoaecf._bjr Borrowrc.or if.after notice bg I,euder to Bgrmyver t6at the condemnor offrrs ta -
<br /> ` � - . :.:__.
<br /> . malce sa awart!ar s�tti�a cJaini far�mages,�Barrower faits ta respond to Lender within 30 days after the date the notic�ss -- . - -
<br /> LiC
<br /> - -::�iven,Lender is autkESiized ta ca�,ect and apply the proceeds,at iu optiao;.�r to restoration os repair of the Property or
<br /> toifie sums secured fiv 3�is S�u�;��nspvment,whether or not then du� �
<br /> [Fcil,ess Lei}der and Borra�otherwise agra in writiag,any application of precrxds to principal shall rrg�extcnd or
<br /> _ � � postpatre tbe d�e ilate of the maat�l;�payments referred to ui para�aphs 1 and 2 0�c�ange the amount ofsn�payments.
<br /> . Ifi _Boma�rer Not Rete�ed;Forban�ce By I.eadtr Not a W�er. E�nsian of.the time Por payment or �
<br /> . . �
<br /> moeiification of arriortization of the suais seceued by this Socurity Instrument granted by I.Ea�€+�to any successor in
<br /> inter�st of Borrower shall noi operate to rele��ttze tiability of the original Borrower�ar Borrowe�s successors in interest�
<br /> Lender shal}not be requirod�o commence groceedings against any successar in cnterest ot refuse to extend tirae for .
<br /> pa�tent or oiherwise modify amnrci�a,tion of the sums secured by this Secwity InsLrament by reason of any demand made
<br /> � tsy the original Borrower or Borrower's succt�ers in interest.Any forbearanuee 6y Ixuder in exercising any right ot reme�y �
<br /> shatl not be a waiver a€ar preclude the exercise QEany right or remedg. . �
<br /> 1L Succ�asd Asqigds Bound;�c�t and Se�tnl l3�it��a-sjgeers. T'he covenants and agree�eats of '
<br /> � tliis Secw'ity Instrutnent shall biad and benefit the successois zud assi�;s cf�.enderend Borrower,subject to the gcrivisions �
<br /> of pars�g�th 17.Borrower's car��tts and agaments shall be joint and ses eral.Aay Borrower who co-signs t�Security '
<br /> Insmimtnt but does not execute c�Note:{a)is co�signing this Security irutrumer.t only to moregage,grani and convey '
<br /> that Boaower's interest in the Property under the terms of this Security Fsr.strur:eat;(b)is not personally obligated to pay �
<br /> the sums secured by this Security Instrument;and(c)agras that Lendet,and any ather Borrower may agree to extend, •
<br /> modify,forbear or make any acce�smodations with regard to the terms of this Sec�srity lnstrument or the Note without �
<br /> that Borrower's consen� _
<br /> lZ. Loan Cbsrgp, If t�p toan secared by this Security instrument is subject to a!aw which sets ma�cimum toan �.r
<br /> . chasg�. aa� thot :a� is�,a;;y #ssccsp;cte� sa ttwt tb� int�rest or acher toaz►chatges collected or to be collected in � _ °�`a`
<br /> connection with the Ic�eaeeod the permitted limits, then: (a)any such loan charge shall be redaced by the amount '� - �
<br /> nscessary to reduce t���arge to the permitted limit;and(b)any sums already collected from Borrower whi�:IT exceeded �
<br /> permitted limits wiSt t�e refu:�d�t;�Bprrower. I.ertder ma� ck:oose to make this refund by reducing the prirci�al owed �f
<br /> under tht Z1Lo:e or by making a dirac�payment to Borrower_F�a sefund reduces principat,the reduction will t�e t��eated as a ;
<br />: partial prepayment without any prepayment charge under the Note. '
<br /> ' 13. Legislation ARecHeg I,fnder's Rt¢ts. If enactment or ehyiration of applicabie Laws has the effect of ? ,
<br /> rendering any provision of the Note or this Security lnstrument unenforceable accurding to its terrrs,Lender,at its optian,
<br /> may require immediate payment in full of al!sums secured by this Security Instrument and may invoke any remedies '-r�
<br /> permitted by paragraph 19.If Lender exercises this option,Lender shall take the steps spec;fied in the second paragraph of
<br /> paragraph 17. . . -
<br /> 14. Notices. ��ny notice to Botrower pravided for in this Secuncy�nstrument sha11 be given by delivering it or by �Y`
<br /> mailing it by first cIass mail unTess applicable taw requires use of anaFf:er method. The notice shail be directed to the
<br /> Propert�r Address or any other address Borrower designates bg notice to Lender.Any notice to l,ender shali L�given by �
<br /> � first class csail to Lender's address stated herein or any othes�d�iress I,ender designatc�by rtotice tu BQrrower.�i:�y notice
<br /> � provided for in this Security lnstruinent shall be deemed to have been g�i�eca tfl Borrower or Lender c:i�en given as provided
<br /> in this paragraph. .
<br /> 15. Garernlag Lsw;Seanbfltty. This 5ecurity lnstrument shaU be_governed by.fed�raDlasY.and the.law.of.the. . . ...- --. ......- .---.- - ..--. -
<br /> ....__ .
<br /> � �-�-�� ���� �-jurisdiMion in which�the Property is located.In�tdie event that any provision or clause af this Security lnstrument or the
<br /> Note canFicts wilh applica6ie law,such confliet shall nat affect other provisions of this Security lnstrument or the Note
<br /> which ra�s be given efl'ect without the confticting provision.To this end the provisians of this Security lnstrument and the
<br /> Note are declarod ta be severabte.
<br /> 16. Borrower's Copy. Borrower shall be given ane confarrned capy uf'the Note artd of this Security IR�trument.
<br /> 17. TraRtter ot the Property or a Benefletal �ntetes!in Bonower. If all or any part of the!'r�perty or�»y
<br /> interest in it is sold or ttansferred(or ifa beneficial interest in Borrower is sold or transferred vnd 8arrower is not a naroral
<br />' • persan)without Lender's pri�r written cansent,l.kndrr may,at its option,reyuire immediate payment in full uf�q sums
<br /> secured by this Security Instrument However,ehis option shall not be eaercised by Lender if exercise is prohibited by ,--�<=-=-
<br /> � federal 1aw as of tht date of this Security Instrument.
<br /> Tf Lender exercises this optiun,Lender shall give$orr�wer notice oPIIrceleration.The nUtire shall provide a period �
<br /> . • af not►ess than 30 days Prom the date the notice is del ivered or maited within whirh$orr�wer must pay a11 sum5 cecured hy
<br /> this 5ecurify Instrument.If Bc�rrower faits to pay these sums pri�r to the expirati�n of this periixl,Lcndrr may invoke any ,
<br /> remr��s permitter#t,y thls S�urity iastrs�tste�s uiihout!'urtker nr►tiee or d��i�n�s,n i3armwer.
<br /> 1$.Bortowet's Right to Reinstate. if Borrower meets certain cnnditions,E3nnnwcr shall havc the rikht iv h�vc �
<br /> enFarcement of ti�is 5ecurity lintrument discontinued at any time prior to the earlier��f':(a)5 d:�ys(ut such uther reri�u!ar 1�
<br /> upplicable law may specify for reinstatement)before sale o.i the Prnpeny pursuant to�ny puwcr of�!E a�utain�J in�h�c
<br /> 5�tunty instrume��t:ur fb}entry af a judgment enfnrcing this Serurity Instrurrient.'Ch��cc c�mditium are�hat�;urmwer• ��.t
<br /> (�)pays Lertr3et all aums which thrn wnuld he due under this 5ecurity�lnstrun�e�►t and thc N��tr had u��;�rcc��ratiun �`'
<br /> c�ecurred; !b)cure�any default of any c�ther cnvenant�ar agreementS;(c) rayti all raperisec inrurrcd ut cnfiTrcin�; thir � • �`
<br />. Security lnserument,uieluding,but nat I�mited to, rrnsur�able attorneys'feE�s; �nd(,1} takcs such actt{,zi.i�I c•ei�lcr mar• • °
<br /> rea�fl�t+ty reqwre tu a�sure that the t►ci�c�f thic Sccurity lnstrumeat, Lencies`t s�gF:t�m the 1'r��rhE'E1�•;ihif ��[sif/7WCf's
<br />_ ablig$t�on tn ��y thr Sum4 aecured by' thw Secunly tnstrumet�! chait r{rnt►nur untifian��•cl lc�e,�� �eui�lateenent hy
<br /> Ek�ttnwcr,thic 5ecurity h�titturnrnt arsd thr�+hl��ttuns�.ecured hrreNy�hall rciE�a�n fully effr�r,�E;,ti}i rt+,a�-ccler.�Fmn had '
<br /> . �x��irr�cl H�!aetier,(F115 ll�'Il�/1�lC1tlS1J�C�half nut 8p�ly�n Gltecflvtiti(arcderatie+rr u��Et�-r p:sr,iF:r,�ph�, t 3�;� I'
<br /> „ ��
<br /> - .�,:.����_�. _ �- � - - _.,._. °°-- .� - _
<br /> i n�--iw �r�r-u�vi�n�r_xeaaoe.-er_r.i�-rrr.r.c¢mti_ .� '� �=�7sZ e�'S7��f - - xi}-� ' ' "" '�"Ci"e..aat-"" _`A"c' "�"'Y `aa',�'.,._''� .
<br /> (�'n 7tlt'�-9�'iL9f�7tl�!'11 t i� � -,5+�� � � i...r_
<br /> - �_ � . -• -�a�•- .�, ��•- - •, '� 4 - s. . J , -,r- ..__ _ .._ ; ... _,�;�.. _ ..
<br /> ,. _ . - .-, �., .
<br /> . : � . .
<br /> _.. _... __�4..- t t;+3.. l.a.i_:.;i,�l .�:.�.a. ..-. :; - � � . . . . - _ .
<br /> .
<br /> .� � .
<br /> _ . .. . , . . .-_ .-.— - __ - _- _ _ : _:_ _� -_ _- __ __ - - __- _
<br /> - • -•--,..-� ,-.-.- _. _ __ ._ _. _ _- _ . _ ___ -- __ . __ - - _ -_ _-____.
<br /> _ . . ,T-.-. .• �.-r__
<br /> . .. ,� . . .�. � � . . . . .
<br /> .,, ... ... ... � � _ � . � . .. . , . ... � , _ . . . , .
<br /> - ... .. . ., , . ; . .. .... . �. ' , �' . � ' . . .
<br /> . , . . • . . . � . ..' . t��
<br />
|