90101893 - Laserfiche WebLink

Browse

_=':,:i -��F� s�:'10 ._ -��g 31 '_� — — � � �.r,r•rM�P�t AteekratiN of UNt. 90-� 1 ui�9� (�)MtaWl.Lendcr may.e�cept��Iinslted by rr�ulat�ony issucd by the Stcrctary in�hc c�se of payment dei'auU�,rcquire Itst:�rdls.e p�yfattst In ftslt eP elt�um�secptcc! bY tht� �uritY Ineltu!nen�It: (It lk+rcowe►ilefauh�by fdlina to j+ap 1�t'ull en�r montAtx�►aymtflt tequired Dy tAis Stcurity In�trument prinr to ar on tAc Ew d�td ot the next monthly qyment.nr � (li)Borrower det�u�a by f�iL'n�.for a pttlod of thirty dayr,to perfarm�ny other ablisationi cant�ined In Ihis Security In�trament. � (M)3�ia WitMN Gralll A�nrsi.l.�er ihaii.ii parmittc+d by�PP�ic�bie inv ud�viti�the prior�ppa*vai nt ihe Socnwy.n�quire �r�¢iwi(�rR�R�t M Adl ot ap tMe w��etur�d E�r this Sa�vcity Itihwneel lf: � (1)/tll ar pwt oi d�P�pehy i�aNerw�Le tr�riared(od�d+�n by daYYe or desoetil �Y ii�e B.xmwer, an�1 � (i;)'i'Iw Pru�perty i�eut oceupisd sy d�e purchrer or�r�n�ee�Gi�or!�ap�1rtwy or�ecoid�ry raidenoe.or�hep�u►�.Aner or t�Mee doa w oonip�r d�e ito�e�ey but Aio ot het 1�edit!w�nat Eeen�{+p�avad b _i000Rlmoe addr dre req�Yanenb at 1Ae Scc�ury. (e)Ne�YM�er.If circunuunces accur lhat would permit Lender to�equire immediate paymsnt in full,�ut Lender doee nat require wch p��naeau,Lendec doe�not waire it�d�hu with rapect to�uMequent rvenu. (�>�liw M HIJD 9unl�ry.le many c[rcunut�nca rc�ulatbns isued t+Y the Sec�etary wiU limit Lender's�ijhta,in tbe a�e ot qyment defauki.to requtre immediate p�ya�ent In full�na foreclae it not p�ld.TAis Security Inurument Goe� not wthordse aoo�tention or toncio�ure it not pamitted Sy re�ul�tion�ot the Secretary. � 1�. RN�NW�1. BoROwer Iw s ri�ht to be rdmuted if Lertdcr ha� reQutred immadi�te p�ymmt in full becaux of socrower's fWun to p�y an�ount due under the Note o�tht�Secudly In�trumrnt.'i'hi�ri�ht applie�evrn aher Ioreclasure ptoceedinp�ce instituted.To rd�te the Security instrumrnt�Bortowa shall tender in a lump eum�11 unount�aquired to brh� 8wmwer'a account currrnt loctudln=. tv Ihe eatrnt they ue obli�atbny o1 Baroaar under tht�Secudty Insuumrnt. . toteciaseue eats �nd re�sonabk �nd customary attomey'� fea and e�penx� proprrly wociated with the foreclosu�e proeeedins.Upon rdastatement by 9arra�.thb Securily Instrument uid ehe obliptbm thai It secu�a sh�ll remain in eikcl�s i�f Lender had not roquirod iinmediate p�rnknt in full.Hawever.Lender t�not requlred to permit reinstatement it:(i)Lender hu accepted rdnuatertKnt �ftee the commencement o( fnneclo�urc proceedinp MitAin ��ro yeu� immodiately p�ceedia� thr eommencement ef a curtmt foreclo�uro proceedinj. (iij reinst�tement wiU preclude foreclosure on di�ferent�ound�in Ihe futute,or(ili)reimistement will advpxly�tfect the priority ot tho Ikn cre�ted by thi�Secudly In�trummt. � 11. Mrn�w�► NN RekNN= Fe��ce�� IRwrer NN s W�Wer. Extension of the time of paymen�or mod(fkation of �tis�►tloo of the sum�xcured by this Security Instrumens franted by Le�der to any successor in Interest ot 8otto�er shW not c�paate to rekau the liabllity oi the ori�inal Borrower or Barowtr'e eucceswr in lnterat. Lender shail nut he tequiad to cw�nxnce proceedinp asaln�t�ny�uocesso�in interest or refuse to c�ten4 tirrw for p�yment or otherwlse modlfy amonization ot the sums xcured by this Security [nsenunent by rwon of�ny demand made by the ori�in�) Borro+ver or Bonower's , succesron ta interat. Any forbearmee�Y a,cnder in e�ttrci�ini any ti=ht or remedy shall oot be�wdver af or prcetude th:e excrci�e ot any djht or remedy. ' 12.8�eea�ea wd A��M;�oiM aM Seren!liabWty;Co•St��en.T�e mvenant�i►nd a�rameats of this Securlty � Instrument shall biad and benetit the:ucce�aon and assijns ot Lender andBorrowsr,�ubjece to the provisions of par�raph 9.b. � Horro�er'�covenanes aftL��fe�efR=!!ts!h�!!�t j0111! Lnd stvtl�l.�tty&+t�E►ws�Who CP-�i�ns Ibic Securiiy Insirum�n!!+!�t d�ec !--� - not eaaute the Note.(a)��rn•ii�nln�thk Securiiy Instrument on y to mor��a�e.�rant and con�ey that Horrower's interest in '� the Propert�r under the term�ot thi�Secnrity Imtrument;Ib)is ro�t person�lly o6lJpted to psy Ihe sum�secured by Ihis Sccurity ' itatrument: and (c) �tta th�tt Lender snd any vohn Rorrowe� m�y ��ree to ex!tnd, modify. torbear or make �ny secomn�dations with�e�srd to tha te►n�of ehis Securie±r Cm�..��aent o�Ihe NMe�ilhout thal Bo�tawet's cantenl. 13.NNket.Any eotice to&�rrower ptovisted tor in�his Securi�g Irtsar.ument�hall be liven by deli.•erind it ar by mailina it!r� Rtst clu�a�ai!uniw�pplicabk la�rcquires vse of another rnethod.�'At nolice shall be directcd te�he i'rapeny Address or arng � = other�ddraa 8ottbwet desi�nata by notice to Lendet.Any notice to 1 cnder shtll be�iven by Rrst clus mail to Lender's addrtss ! st�ted herein or any address Lender desi�nates h�c notia to Borrower.Any nodce pravided for in thts Security tn�cuument shW 1 be deemed t�ha�!been�iven to BorrowK or l.ead�*hea g�•en as provided in this para�raph. N.G��entM 4w;Se�enNYly.This Security Instrument shall be 6averned by Federal Isw tnd�.be law of the juri�dictian in � � whic�the Proptrty is loated.In tM event that any provision ur clause ot this 5ecurity Instrument o�the Note conflicts with rp- . pli�abk ta�.wcA contlict shtll not afftet other provisions af thi�Security Innrument or the Nate which can be�iven effect ' .vithout the cva!lktlas pro.islon. To thi�end the pravisi�ns oi thia Security Ins�rument sr,d the Note are declared to be severabk. � �.`y 13.Mrto�er'�Co��. 8ortowu ihall be 6iven orte conformrd cop� of thls Securiry Insuument. '�� f . fi.A��rn1 ot Re�v.Borrower unconditionally ass��„und transfers to Lender all�I�e rents and revenues of the Properiy. Borrower authorizes Lrnder or Lender's��rnts to colleet the tents and revenue�and hereby directs arh ten�nt of the i'ropeny . topsy tht rent�to l.ender ar I.endePs aaents.Noxever,�aior to Lendtr's natice to Borrower ot Bonower's brea.b of any cove• nant or ajrament ia the Saurity lnsttu�nent,Borravrer shall collect and receive dl rems and rever�un of the Pr�perty as trustee tor the benefit of Lender and Borrower.This assl�nment ot rents constitutes an�bsnlute�ssi�nmsni and not An usignment far additional security only. If Lrnder tives notice of breach to Bortower:(u)ail ren¢s received by B�rrower shail be hcid by Borrrn+er as tr.nsta for benefit ofLender only,to be applied to the sums secured by tha Sa;urity Instrument; (b)Lencter�hall bt entitled to colitrc itnd teceive al1 of'.the rcnt�of�he Propert�;and(c)eacb tenant ot the Property sha!!pay a!1 rents��e and unp�id to Lender ar t,ender's agent on I.ertder's�ritten den�and to the tenant. Botrowep!�s not ea�ecuted any prior assi�tremeni of thc rents aa�P�as nat and wiil not �►ertc�rrx�any act Ihat wnuld ptevxnt i.tt�es[tom e.tttcWs�I!s ti�ht�undss th�s psragrsph!6. d.ender shYU oot t+e required to enter uj►on.take control of ar mainlain the Propeny be(ate or afler gi�ing natice af breach�o SOrrower.Nowever,Lender or s judicistly�ppointed receivrr may do so at any iime�here is a breach. Any applicatiun v!ren�s � sitW not cure or�tive any default or invalidate any other risht or�emedy oi Lender.This assignment of rents of the F'roperly sl�l)termittate when the debt secured by�ht Security Instrumem is paid in full. � � � �� � ...�.r�..r.�.�...-...�...��...�.. '.V�P i t l� ._.��.._..�_.._.._.....��__-��.�.__�._.��. .• „ t,� ��J �Y i.. r. ;..Y--�— �^-i'-�--^-r—.,_...__..__.._- °--__Y._._.....___.— --^ :-7-*;---- --�a �1FTt��?��,rYt W..i=..�.,.�'�:_" _<. .�- . .. - , - . .i�.'. ,`'+�<C-�,r.:� .. -.,- - ^ . , . • .. r . . ^r----•'.,^'.... - ' .. .+ i I - .. ---.� ,..-.. .--. �-. �.� ^-.-- ... -. � _ _.... ; ..� � , . T.�, . --�� - . _ , . ' . -o , , ` � � , • _ 4�.qe. es:�;- ' ' �1.. , , � ,. .�� . _ ' - . . . � ,. . i . , . J . , . _ . ' �:: - - ,-. _.._ _ -- _= . -- �., � _ - - . .,t'-.:t � , •