|
_,� � ._...��..:n�-,�,r:�,;� ...� � _
<br />—�
<br /> -i�
<br /> _�
<br /> � �
<br /> 90 �.��w0U8
<br /> !P Lender �rquited mortgs=o insurancc as�co�idition af making the laan sccured by�hi� Secu�ity In�lrumer�t,
<br /> � 8orrnwor shall pay the premium�required to malnt+�in tha imunace in elfecl un�il auch timc ts 1he requirement for�hc
<br /> � in�urance termin�tes in�ccord�ttce with Borrowrr'��nd Lender'�wrltten��rartesnt or appUcabk I�w.
<br /> !. I�tel�. I.enskr or it��=ent m�Y makr rcasanabk entries upon and inspc�tioa9 vP the Preperty. L,ender
<br /> ehall�lve Borrowes natice�tt tbe time otor prior ta an inspectian specityins rea�onabt�c�use ft+r the inapccticm.
<br /> 4• CoMe�aatio�. The pracoeds af sny a�vard or cl�tim for dam�g�,dirMt or canxquential.in cannecdan with
<br /> any condemn�lian or other t�kina of any pRn aP the Propeny;ur t'�r conveyance in lieu of candemn�tion,are hereby
<br /> sisi�d and shaif be p�id to l.ender.
<br /> In the event of a tou)takin�of the Property.�he procced<<hall he upplied ta tho lums secured by Ihis Secu�ity
<br /> I�strument.whether or not then due,�vi1h any exces�p�id to Borrawer.ln tne evcnt oP a parti�l takin�oP the Propeny�
<br /> unles�Borrawer and Lender otherwlse��ree in writine.the sams secured by�his Security Instrument shall be reduced by
<br /> the�maunt oi the proceeds multiplkd by the foUaNin�tnction:(a)the tatal amount of�he aums secured immedlately
<br /> , befo�tl�e takinj,divided by(b)the fiir muicN vsfue af the Propeny immediatcly before the takin�.Any bat�nce shall be
<br /> p�ld to Borrower.
<br /> Ir tlie Property ia ab�t�doned by Borrower.or ii,aRe�notice by i.ender to Homc�wer that the candemno�t c*�f'en to
<br /> make an�wrard or setik�claim for dams�es,Borruwer fiil�to rapond to Lender�vithin 30 days�Rer the date the notice i� �
<br /> �iven.I.ender is�uthorized to collect�nd apply 1he p�ce�ed�.�t i�+optian,either to restoratioe�or repair af the P�operty or
<br /> � to the sums secured by this Security Instrument,�vhether o�not then due.
<br /> llala�Lender and Barro�+er olherwise�gee in writina.+�ny apptic��ian oPproceeds to principal�haU not eatend ar •
<br /> pottpQne the due date of the monthly p�ymrnts referred ta in paras�aphs 1 ar,d 2 ar chan�e the amaunt of such�ayments.
<br /> 10. 8otrower Not Relea�edt Forbean� By I.efNer Nof s Wti�er. Extension of the time for pay�me�t or
<br /> modiAcation of amixtiution oP the�ums secured by this Seeuri�y lnser,ument granted by Lender ta sny auccessor in
<br />— interost ol'8onower shall noe operate to release the IiabiUty of the ori�i�aal Borrawer or Ba�rower's sqcce.sso�s in interest.
<br /> Lende� shatl not be requircd to commence praceedinas ag�inst �ny succct.wr in intercst or refuse to e�tend lime for
<br /> p�ymrnt or otherwi�e modify amortiution of the�uens secured by this Securi�y Instrume�t by reasan of any demand m�de
<br /> by the ori�inal Borrower or Bort�c�vrer'a successors in intaes�.Any forbearance bv Lertder in exercising any right or rcmedy
<br /> shsll not be a waiver c+for prcclude theeaercise af any right or remedy, -
<br /> 11• Srcea�o�s ssd A�lpa Hor�d;Ja�iAt �rtd Se�enl Llabllit?;Co-atgnen. The cavenants and agrecmeota oi'
<br /> this Security lnstrumrnt ah�ll bind and beneRt the�uccess�rs and assians r9 Lender and B�r�ower,cubject ta the provicianc
<br /> of Mra6raph 17.Borrower'�covensnts and aEraments shatl be joint and several.Any�rrower wha cacigns thic Secutity . �
<br /> Instrumrnl bul does nat ezecute the Note:(s)is casignin6 this Security Instrumrnt only to mo►Igage,grsnt and c�nvey
<br /> lhat 8o�rawer's inteic+l in the Propeny undcr�he terms of�his Securi�y In�t�umcnt;lh)i4 no�peramally oblig�ted to pay
<br /> Iht aums xcurod by�his Security In�trument;and(c)ag�ees thAt l.endr�and any other Borrower may agra to eatend.
<br /> �110dIrV.forMsr�r m�kw wgY w�^..;���li{..:,,t;;�i:�:�iG Qii�iciii��uti��s;�.ar'ty ii�Siiifr�iriii Fii ifc ,:i�lic Wiiitt/Ut L'-�,
<br /> that Barrower's consent. : ;.
<br /> , l3. Lo��C1WryKs. lhhe Iwn secured by this Securi�y Instrumenl is�ubjec���a law which uta maaimum Ic�an ? ' ;
<br /> __ _ _ chu6�. and that I�w i� Hnally inte�preted so that ehe inter� or nther I.�an rhaeew�c ��qw.� r- ;r� �;:��;� i�
<br /> _.�,__. _... _
<br /> co�noction with tf� Ecen exceed the pesmitted limits. then: (a)any such I�wn charge chall i�e reduced by Ihe amnunt
<br /> necessary to reduc��!x charge to the permitted limit;and(b)a�y sums already coUected from Nc�rmNrr which eaceeded -- �
<br /> permitted limits�viq'be refunded ta Borrower. Lender maw chcnise to make this refund by reducing the princepal owed
<br /> under the Note or by making a dirert pyment to Borrawer. !f a refund�educes principal.the reduction will be treated as a
<br /> panial prepaymcnt without�ny prepayment charge under the Note.
<br /> 13. I.e�bl�ties AReeN� I,eMer'a Ri�hts. If enactment Ezr eapiratiun of applicable laws has the effect of
<br /> ' tenderina apy pratiision of the Note ar thi�Security Inqrument unenfor-�,eable acrnrding ta its terms,I.ender,3t IIS npttan,
<br /> msy require immedi�te psyment i� full oP all sums secured by �hic Security lnstrument and may invoke any remedies
<br /> permitted by panaraph 19.Qf Leader exsrcis�this opt9on.I.,tader shall uke the steps specified in the second pangraph uf
<br /> p�n6�sph 17.
<br /> I1. Nolka. Any notice to Borrower provided for in this Secac�ty Instrument shall be given by delivering it or hy ;
<br /> mailina i3 by first etass mail unlest applicaL+le law requirc!s use of anrther methad. The notice shall be directed to the
<br /> Property Address ur any other address Borr�wer designates by t►otice t� l.ender. Any notice t�Lender shall be given Ay ��
<br /> first class mail to I,ender's address stated herein or any othca addresa I,endrr designatca by notice�o&�rrower. Any natice �
<br /> provi�for in Ihis Security lnstrumenl shal)be deemed tu ba��Ixen gicen���Eiorrower�r l.ender when given as pruvided
<br /> in this paraaraph.
<br /> 1S. CoTenei�{l,a�tt Seren6illty. Thts Secunty Instrumenl>h:�IP be gnvernrd hy federal faw and the law of the
<br /> jurisdiction in whicie t6e Propeny is lacated. !n the eveM that any prntTS�on or clauce of this Secunty In��rument ar the
<br /> Note cortAicts with appticabte law.such conflict shall nat affect other p��cisians�f this Sscurily In�truma�t or�he Notc
<br /> which can be 6iven efi'crt without tlse conflicting provision. 7'o ihis end t he pravisians�F this Security Instrument and the
<br /> Note are doclared to be severable.
<br /> �6• BorroRer'�Co�7• Barrower shatl be given one conformcd eapy of thc Note and of r[tit Socunty Inetrument.
<br /> • 17. TtaMfer o/tNe prp�erty pr� R���i�� 1Ntcrest ie Borrower, If aU or any part ��f the f'roperty or uny
<br /> interat in it i��old or tnnsferred(or ii�beneficial interest i�Borrower ic cr�lA nr trar�sferred and Borroucr ic not a�awraf
<br /> l+en��withose!lt�tr's�►rior xr�ttesti consens,t,ender may,at its opti�n,recywrc intmediate payment in fuit nf all sums
<br /> securcd by this Security Instrument. Nowever. this option shall no� be e�erc�ud by Lcndcr if eaerciu is prohib�trd by
<br /> fedenl!aw as of the date of this Security Instrument.
<br /> if I.ender exereises this option,Lrnder shaU give liorrow�er notice of acceleration.The natece ihall provide a pen�d
<br /> of not less than 30 days from Ihr dase the natice is delevered or mailed within wh�ch Ek,rrower mu�t pay all cums�ecured by - - -
<br /> this Security lnstrument.lf Borrower Pails�o pay thrse wms pnr�r to the eapirat�nn of th��peru�d, l,endcr may in�oke any ,
<br /> remedies permitted by this Secutiry lnstrument without funher naticear demand on Borrowcr
<br /> l�.Horrower•rs Ri�t to Rei»state. If Bnrrower meels cenain conditi�nc, gorrower shall hare Ihc r��ht to have
<br /> enforeement of this Seeunty Instrunnent diseonunued at any time pnor to�he earher of,�al 5 dayc{�r cuch ather period ac
<br /> applicablt law may,�cify for reinstatemenq beiore sale af Ihe Proptrty pursuan�to any �x►wer of saJe contained �n thi�
<br /> See�ri�y Instrumen�; vr(b)entry oF a�udgment enfore�ng this Secun�y Instrument Those cond�tinns are that Borrowtt:
<br /> (a)psyc Lender all sums whicl:then w�ould be due under this Secunty Instrument and the i�3ott had no nccelrrnt�on �
<br /> � accurred; (b)eurss any defauit of any at�er roven.ants or agreements: (c)pays a!1 eapensrs�ncurred m rnfarc�ng thic
<br /> 5ecurity Instrument, �ncludmg, but not I�miced to, reasc►nable attorneyc' ftec; and(d{Iakec c���h azhnn ac I,es�d�r may �s
<br /> reasanabfy reyu�re tn a�cure that Ihe hrn nf thic Secunty Instrumenl. Lrnder's nghtc ir� Ihe f'rnper�y aud iiorr�wer'S r'
<br /> obli�ai'ton lo pay the tums secured hy th►c Secur�ty In�trument chall cnnt�nue unch�nged 1 iM�n remctatemenl hy �
<br /> Bo�tower,Iht�Securrty Iri�trom rnt and Ihe�hhgahons cerured hereby chall rernain fu11y eiTecti�e ac if n�.acceleran��n had �
<br /> c�eeutred. Howe�er,thic nght lo reu�ctateshhil nat apg�ly�r�the cace of arceEer,ih�+n ie«�ler p;�ra�raphc!�e,r 17 � 4
<br /> �
<br /> _ _—- - - - ---- ---- — -- - - - — -
<br /> �� _ — _,v.
<br /> --- — —_ —_-- - --_ — - - -- —��ma.�a.lL+38�k��3,�.a�� -
<br /> �
<br /> �'1n{�T 7 -^�• ..�_._.-..ws'—_ .' '. :_._ _..._'.'- r.�� , , -.�.,n-°^-----'.�i..�c^+r*+�.��-N�a..-�-..�r°t�w.�re.�...w..-.-,....-.� -....�> �+-..�._ '.'._ _.'. . _- _„_.
<br /> .�;«waR{Rw�r��-s�erfa.M.+n "
<br /> _ �,x � � . , - . . . , . . , ' .
<br /> , ' �. 4
<br /> .. .
<br /> - -._ .. --- >. . ._- ' - ---- -_ - --- - - -- -- - - — -- --- - - - ---
<br /> ' . ' '. '"' _ _" (:---' - . � . . - .. " - _" ... -- ._ _ _. ..- " _ . . . . . r._ _ .. .' __r . . . "--'_—._ _ ' '_ _' ""5" ..
<br /> , . t � � . �� r . . ' `. '
<br /> 1�. . � �. ' �.. .. - � i i�� - . ..
<br /> .. _ . . ... .. , l' ^11;,�� .
<br />
|