|
: - _ _.__ _ ^.,. _ __ _ __ _
<br /> . . _:>,: . -,— ,
<br /> -- � � - - - - - -- - -- - - - -- - - ---...
<br /> - .. .�..__ __.__ _.. --- ---- _
<br /> ----- --- ---- -�----�_ -----�-----=r-�------------- - .-- ------- - -- . .. . ._.. ... _ . _ .. _. . .
<br /> , ; . : ' -: - . `
<br /> _-. _ . , • F
<br /> . . _:. . . . ' � . • '
<br /> - ' .i . • -
<br /> ;, a t ' . . . � , "` . � ' . �``. . - . .. - ` �-.+r �Y ' •• �.
<br /> . . t . ' � . ' � � . ' .� ....._ �.__ _• ..�_._.._._._..._�__��.r. . . �
<br /> • � ' t . . ' ' ' ` . ' , ' � . • �
<br /> . ♦ A ` ' � ' . , _ • - ' . . �
<br /> 1 S , +
<br /> `, , ( -. � � � . ` � ��...:. 1Q335�� _ � � . .�.
<br /> ; � . . . . .
<br /> � If I.ender reqairad mo�t�e ins�mace rs a oa�dition of mslclag ihe�aau,secured by chis Security.Instrumeat, ` �
<br /> �` im .
<br /> 3 , Bcnrower s�ail p�g tbc pc�ianu re4uired to anfntain the u�aurauce in.e�ect unt�suc6 time as fhe requirement for tflr . .
<br /> �� � i�sutaace t�minaus.ia a�r��itb Bot�ve�s and I�e�r'sanitteu aErament or applicabk Is�►. • .
<br /> ' ' � t. L4ectjo�. i.ender ar ita s�ait msy malcc rasonabk entries upon,and inspectians af tTie Property.Lender ' .
<br /> � , shal!sive BotroMer notia at t3ie timc of or prior w an inspecti�specafyiag rasanabk cause ftir tbc inspxtioa.
<br /> . .•. i !� C.a�iea�tin�. The prooe�rls of any awrard or claim for dama6as,direct or cansoqueatist,ia caanection witfl .
<br /> � aaY�condentnstion cr_other taicinE�of anY F�����Y.or.for conveyance in tieu of onndemnauon,are d�aeby � '
<br /> , _ � . atsi�Oed�sbaU 6ep�id w Lender. � � .
<br /> , In tLe evmt of a toUl takinE Qf We Property,tbe pracads shall be applied to the surs�s securet!6y this Security
<br /> ; � Ii�t�utnmt,wlktber or not tben dt��vitii a»y.ex�aess paid to Borr��rer.In the eveat of a p�rtial taking of the Prapeaty,
<br /> .;� � .unk�Horro�rar and I.ender otlutwise i;ree ia Nritiaa.the sums secured by this Security I�trum;ent shall be reduced by .
<br /> � • t3re amaa�t of tLe proceeds ma3tiptied by th�follo�ving fractiort:(a)tt�e total amoont af the sums secured immediately� � � �
<br /> . . t�'ore tLe taldn�,divided 63►(b)the fiir martcet vatne of the Property imauaiately before the taking.My�atance srisll be ` � ' . .
<br /> batan
<br /> � , , �paic!to Bonower_ � � '
<br /> If the�ty is tbtndaned by Bonower,or i�after notice by Lenda to Boaower t1�at the condemnar offers to
<br /> ' - = mskeaa a�v�a+d or:�itle a cis�for damsges,Borrowcr f�s to respand to Lender witbin 3�days after the date the notice is
<br /> , j. ' atyeu,T.enderis a�l�orized'to colkct aad apply the proreeds�at its op6on,either.to restoratioa or repair of the Ptoperty or
<br /> � j , � to theswas saa���l'bF[�is Se�urit�Instroment,whether or not then due. ' -
<br /> � . , Untess Lenc#er and Bomn�ver othrrwise agcoe a�arriting,aay application of procoeds ta principal shaU not extrnd or
<br /> { '" postpone the due d�te of the montt�y�aymeats referred to in paragraphs 1 and 2 or change thr araouat of sucb payments. '
<br /> ( . " 10. Borrawer Not Releare� Farbarance By I�eader Nat�Wat�er. Extension of the time for payment or
<br /> , � modi�attioa of uaartivfiem of the sums se�ured by this Seciuity Instrumeat granted by Lender tu.any successor ia
<br /> intere,t�of Borroxer shall ant aperate to release the liability of the original Boaower or Borrower's successors in inte'rest.
<br /> � Leridrr shall not be required to commeact procealings against any surcessor in interest or refuse to extend timt for
<br /> paya�ent or otl�vise modify amortization of the sums securod by this Security Inswment by reason of any demand anade
<br /> y en
<br /> � by the oripnai Borrrnver or Hano�rer's auccessots in intsrest.Any forbearanct bg i.ender in exercising any right or remody
<br /> � � sl�aU not be s�raiver of or pred'�de the exercfse ofany rig�t or remedy.
<br /> , • il. S��wes�tt�ll�tips Houed:Jotat and Se�eral IJabWty;Co�r�s. The covenants and agrcemeats nf .
<br /> � this Securtty Instrument shall bind aad ben�t the succe.tsors and a�igns of Lender and Qetta�r,subject to the provis�esss `_�,`
<br /> j of p�ragnPb 1�.�mwer's covenants and agretments aha11 be joint and several.Any Borrav��cr who co-ssgns this Security -
<br /> � Instramsnt but das not e�esu*.;the Note:(a)is co-signing this SecUrity Instrument onty to martgage,grant and convey �
<br /> i tbat&mower's interest in t�s�e Laiaperty under the terms of this 3ecurity Instrument;{b)is not personaily obtigatod to pay , ; �:
<br /> . . ' ,the sums seeuted by this Security Instniment;and(c)agas that I.eaider and any other Borrower may agrx to extend, �
<br /> ' ' modify,forbear or make any accommadations with regard to the terms of this Security Instrument or.the Note without � � ••,
<br /> , . � thu Borrowes's consent. � ;
<br /> 1Z. I.ou Ci�r�d. If tbe loan securod by this Security Instrument is�:bjoct to a law whicb sets maaimum toar� �`:'_.
<br /> . � , chuges, and thst tsw is f�na}lg+ interprettd so that the interest ar other taaca �harges coUtctal or to be collxtbd in � �
<br /> M connoction witb the loan eace�t the permitted limits,then:(a)any such Ioan'charge shall be rednced by the amount =_
<br /> necessary to reduoe the charge to the pem�itted iimit;and(b)any sums already collected froc�Borrower which exceeded
<br /> � pe�mittod limits will be rtfunded to Borrower.Lender may choose to make this refund�y c�ducing the principal owed � �
<br /> under the Note or by making a disxt payment to Horrower.If a refund reduces g�ancipal.the reduction will be treated as a
<br /> � partial prepayment without aag�epayment charge nnder the Note. � '
<br /> 13• I,e�slattos �i1f�g T.e�der's Rig6b. If enactment or eapiration of applicable laws has the effect of
<br /> i rendering any provisiodof We Note or this Security Instrumeni unenforceable according to ita term.�.Lender,at its option, � '
<br /> � may roquire immatiate payrnent in fp11 of all sums secured by this Security lnstrument and may invoke any remedies � t
<br /> , f permittod by puagraFtt 19.if Lrr►der exercises thic option,Lender shall take the steps specified in the second paragraph of
<br /> � paragraph 17.
<br /> ( 14. Notkp, Any rtac:�e to Borrower provided far in this Security Instrument shall be given by deiivering it or by ' � �'�
<br /> mailing it by flrst class mail unless.�pplicable law requires usc os another method. The natice shaU be directed to the
<br /> � . - Property Address or any other address Borrower designates by notice to Lender.Any nott�:e to I,ender shall be given by . �
<br /> � flrst class mail to Lender's address stated ti�cein or ar�y other address Lender designates by r.�tice to Borrower.Any notice �
<br /> ! providtd for in this Security In::trumedt aha�l be deemed to have been given to&�crQwer or Lender when given as provided �
<br />. I in this�FaraStaPh•
<br /> 13. Co�er�i�6 La*;Stwersbiltty. This Stcunfy lnstcument shall be gv,«�ned by federa)1aw and the law�o�'the �-
<br /> � � jurisdietian irz w�icli.the Praperty is toeated.tn the event thai an}�grovision or claase of this Security lnstrument or the �
<br /> j Note confllets�ittz apptieable taw�such conflict shall not affect otfier provisians of this Security Instrument or 1he Nate
<br /> + which can be gicen elfect withac�t the ca�flicting provision.To this end the pravi�icns of this Security Instrument and the� .
<br />� Nota arc declared so be severa6le. .
<br /> � 16. Horrower's Co fy. Borrower shalf be givtn one conformed copy of tP�e Note and of this Security Instrument.
<br /> ; !7. Ti�erter ot the Property or s Beneflti�l �ntrrest in Borrower. ti all or any part of the Propeny or any
<br /> inierest in it is satdqt lransferred(or if a beneflcial interest in Borrower is sotd or transferred and Bortower is not a natutai
<br /> petson)arithout Lender's prior written consent,Lender may,at its option,reyuire immediate payment in fefl af all se�ms
<br /> secured by this Security lnstrament. Now�ver, this option shall not 6e exercised by Lettder if eaercise is prohibited by '
<br /> ' kderallawasofthedateosthisSecuritylnstrument. � ;=___—:--
<br /> , . lf Lender exercises this option,Lender shall give Barrower notice oPacceIerasian.•The notice shall pr�vide a periad '
<br /> of not less than 30 days from the date the notice is delivered ar mailed within which Borrower must pay a11 sums secused by
<br /> . ._..._ this Security Instrumera.lPAorrc�wn fa�s t4�ay the�su�ns prior se!he expirasi�sn oFtiris pcsioc3.I.cnder�rrtay€�wvkr any . =
<br /> � remedies permitted by this Security lnstrument without further natice or demartd on Borrowrr. ' � �
<br /> 18.Batrower's Right to R�testate. if Hottower meets certain conditions,8onower shall have ihe right to have
<br /> enforcement of this Secu�ity Instrument dssconrinued at any tirrte prior to the earlier�F:(a)5 days(or such uther periqd as �
<br /> � applicabte luw may specify Par reinstatement)before saie af th�Property pursuant tu any power of sale cont�ined in this '
<br /> . � Stcurity InsWment:or(b)entry of a judgtrterit enfotrcing this Security lnstrument. These conditians are that Norrower:
<br /> (a)pays Lendtr all sums witich then would be due u�der this Security Instrument and the Note had no arceleratiun R
<br /> occurred;l6)cures any default�of any ather covenan�s at agreements; fc) pays all eapenses incurred in enforcing this . sp
<br /> . SeeuritX,Llstrument,including,but nat limited to,reasonable alfomeys fees;aittl(d►t�kt�s tiuch acti�rn es Lender nray tA
<br /> � reasonably rrguire to assure that the lien of this 5ecu�iry Instrumen�, Lender's nghts in the Prvpeny :uid E�rrower s �'
<br /> obligatio» to pay the sums securett by this 5ecurity lastrument shall rantinue unchang�d. �U�ie�n reinstatrment by �' `
<br /> _ .. _.. �orrower.this Security lnstrumet�t end the abligalivns securecf hereby shail remain fully effectn+c as if nar acceterateon had � �
<br /> � oecurted.Hawever.lhis right to reinstate shal)nut appl}in the casc of accelerauon under paragraphs 13 or 17. .
<br /> • � � � . �
<br />
|