|
.� �lt«:::i;i�'-=-� .��:.. ,-. '`:\i�:^ ' _ .i R.f}:i iU'*-1r y��1.��(" -- _ _ \::: . .� �� f�� J
<br /> °° ., - - 1?;_.� �d - -° '� ,r ' U 1 ,.; �.�.--
<br /> - +�.�.� T•3'i_ ��Y a� �t'1�/ r'V = � r , �f.�'"-7-�[
<br /> � �:
<br /> _ _._ ..... - � -
<br /> �- ._ _- -�w.�. - _ __ __'
<br /> .� .SJ t1 _
<br /> - -_ .___ ,_� —" - . . �� ��.,.-�o -,- ���-�`�� _" -._ - J3+J'A -
<br /> �.
<br /> ---- ° -�--- -
<br /> �8�'- _ _.. - _ �- � r°� l,��
<br /> �...
<br /> _ _ ._ ... - - - -- ---- s--r = -, _ . .. . - — --- -
<br /> � .
<br /> --- -- -- --- -- - --- ' — °�.._
<br /> --- -- — _� -- --- ------- �
<br /> °-
<br />- - ----�.-�- - - ---,� ....�= -_ - -- - ------ - --- -- - - ----
<br /> � �.- - -- -- �•---°�-° . . -- �
<br /> s�:.s�cv.c.=.---'-- - --- ----- -- - --- ------
<br /> �� -_ _ _ .._ __ _ . ..
<br /> �'�
<br />:"�_
<br /> `;�
<br />'��
<br /> � �
<br /> 90-� 14420�
<br /> rIf Lender required mortgage insurance us a condition of maki�g Ihc !oan serured by this Security Instrunrtent.
<br /> : Borrawe�shal!pay thr premiums required ta maintain the insurance in eftect ur�til such time us the requiremcnt for the
<br /> insurance terminales in accc+rdnnce with 8otrower's and Le�der's w riiten agreentent or applicable law.
<br /> ; S. laspection. Lender or its agent mAy tn�ke reasonable cntrics upon and inspection$of'the Prcpeny. Lender
<br /> � sh�ll give Borcawe�natice At the time aPor prior to an inspection specirying rcasonablc cause for the inspection.
<br /> � 9. Condemn�tion. 'fhe proceoda of any�w�rd or claim for damages,direct or consequential,in connection with
<br /> � any condemnation ar other taking of any part of'the Property,or for conveyance in lieu af candemnation, are hereby
<br /> assigned and shall be paid to I.ender.
<br /> ; In the event of a total t�king of the Proporty. the proce�ds shall fr_applied ta the sums secured by this Security
<br /> lnstrument,whether or not then due.with any eacess pai�S to Borrower. ln the event of a partial taking oP the Propeny.
<br /> I ueless Horrower and Lender otherwise agree in writing,the sums secured by this Security Instrument shall be reduced by
<br /> i the amount of the praeeeds multiplied by the follawing fraetio�:(a)the totai amaunt of itie„�ms sec�red im nec�iately
<br /> before the tsking,divided by(b)¢he fair market value af the P�vperty immediutely before the taking. Any balanc�shull be
<br /> , paid to 8orrower.
<br /> ; lf!he Prope:ty is abandoned by Borrower,or if,after natice by Lender to Borrow�er that the condemnor affers to
<br /> make�n award or settle a claim for damages.Borrawcr fails to respond to Lender within 30 days after she date the notice is
<br /> • given,Lender is suthorized ta collect and apply the proceeds.at its option,either to restaration or repair of the Pr�porty pr
<br /> ta the susns secu�n;�y i;ls�cz;�ilty in�trumeni,whethcr or not then due.
<br /> ' Unless I.enderand Bonowerotherwise agree in writing,any application of pruceeds to principal shall not extend or
<br /> postpone the due date of the mont�ly.payments referred to in paragraphs I and 2 ar change the amount of such payments.
<br /> 10. Borrowe�Not Reletsed; Forbtarance By I,ender Not � Waiver. Eatension of the time for paymcnt or
<br /> modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor irr
<br /> interest of Bonower shall not operate to release thc liability of the original Borrower or Borrower's successors in interest.
<br /> Lender shAl) not be reqvired to commence proceedings against any successor in interest or refuse to extend tima for
<br /> paymcat or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made
<br /> by the original Bonower or Borrower's successors in interest.Any forbearance by I.ender in eaercising any right ar remedy
<br /> shsdl aot be a waiver of or preclude the exercise of any right or remedy.
<br /> 11. Suceestors and Astigns gound;Joiet and Several LiabilIty;Co�signers. The covenants and agreements of
<br /> this Security Instrument shall bind and benefit the successors and assigns of I,ender und 8onower,subject to the provisions
<br /> of paragraph 17.Borrower's covenants and agreements shall be joint and several.Any Borrawer who casians this Security
<br /> --_ =^�:�s%•:,:•s.�a���a�i cxocuiefne ivote: a is CO-Si in this 5ecurit• Insirument on! to mort a e, �
<br /> that Borrower's interest in the Property under the terms of this Securit }lnstrument; )S not g g �nt and convey -
<br /> Y N personally ob}igated to pay '� ` �
<br /> the sums secured by this 5ecurity Instrument;and(c)agrees that Lender and any other Borrower may agree to extend, * ��
<br /> modify,forbear or make any accommodations with regard to the terms of this Security lnstrument vr the Note without
<br /> that Bottower's consent. . � -
<br /> �2• Loae Charges. If the loan secured by this Securiiy lnstrument is subject to a law which sets maximum loan --
<br /> , charges, and that law is flnally interpreted so that the interest or other loan charges collected or to be collected in
<br /> ; connection with the loan eaceed the permitted limits, then: (a)any such loan charge shall be reduced by the amount
<br /> nxessary to reduce the charge to the permitted limit;and(b)any sums already collected f'rom Borrower which eaceeded
<br /> permitteci limits will be refunded to Borrower. Lender may choose ta make this refund by reducing the principal owed
<br /> under the Note or by making a direct payment to Borrower.If a refund reduces principal,the reduction will be treated as a
<br /> ' partial pftpayment without any prepayment charge under the Note.
<br /> ' 13. Legislatlon Alteetieg Lender's Rights. If enactment or eapiration oP applicable laws has the effect of
<br /> rendering any provision of the Note ar this Security Instrument unenforceable according to its terms,Lender,at its option,
<br /> may require immediate payment in full of all sums secured by this Securicy Instrument and may invoke any remedies
<br /> permitted by paragraph 19.If I.ender eaercises this option.Lender shall take the steps specified in the second paragraph of
<br /> paragraph 17.
<br /> 14. Notices. Any noticeta Borrower provided for in this Security Instrumeni shall be given by delivering it or by .���
<br /> mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the
<br /> Property Address or any other address Borrower designates by notice to Lender. Any notice to I.ender shall be given by
<br /> flrst class mail to Lender's address stated herein or any other address Lender designates by notice to Borrow•er.Any notice ,
<br /> provided for in this Security Instrument shall be deemed tu have been given to Borrower or Lender when gi�•en as provided
<br /> in this paragraph.
<br /> 15• Gover�fing La�;Severability. This Security Instr�ament shall ise governed by fe�erallaw and the law of the
<br /> jurssdietioa in whic�s the Property is located.In the event that any pravision or clause of this Security Instrument or the
<br /> Note conflicts with applicable law,such conflict shall not affect other provisions of'this Security Instrument or the Note
<br /> which can be given effect without the conflicting provision.To this end the provisions of this Security�Instrument and the
<br /> Note are declared to be severable.
<br /> 16. Borrower's Capy. Borrower shali be given one conformed eopy of'the Nc�te and of this Security Instrument.
<br /> 17. Transfer ot the Property or a Beneficial Interest in Borrower. If all or any part of the Praperty ar any
<br /> interest in it is sold or trans!'erred(or if a beneficial interest in Borrower is sold or transferred and Borrotiver is nat a natural
<br /> person)without Lender's prior written consent, Lender may,at its option,require immediate payment in full of a1D sums
<br /> secured by this Security Instrument. However. this opiion shall not be exercised by Lender if exercise is prohibited by
<br /> federal law as of the date of this Security Instrument. �`-°-�---
<br /> If'Lender exercises this option,Lender shall give Borrower notice of acceleration.The notice shall provide a period �
<br /> of not less than 30 days ftom the date the notice is delivered or mailed within which Borrower must pay all c�ms secured foy
<br /> thfs 5ecurity Instrument.If Borrower fails to pay thesc sums prior to the expiration oF this Period,Lender may invoke any �
<br /> remedies permitted by this Security Instrument withoui further notice or demand on Borrc►wer.
<br /> 18.B�rrower's Right to Fteinstate. If Borrower meets ccrtain conditions, Borrower shall have the right to have
<br /> enforcement of this 5ecurity lnstrument discontinued at any time prior to the earlier of:(a)5 days(or such other period as a
<br /> applicable taw may specify for reinstatement)before sale of the Property pursu�nt to any power of sale contained in this I �e
<br /> Security Instrument;or(b)entry of a judgment enforcing thic Security Instrument.Tho�e ccmditionti are that i3orrower: �
<br /> (a) pays I,ender all sums which then viovld be due under this Seeurity lnstrument ��nd the :Vote had u�� �cceler:�tion ��
<br /> occurred; (b) tures any default of any other covenants or agreements; (c) payt all cxpenses incurred �n cnforcing this �
<br /> S�curity� instrument, including, but not limited to, reasonable attorneys' fees; and (d) taketi uich act��n ati I.ender rhay
<br /> reasonabiy require t� assure that the lien of this 5ecurity lnstrument. I.ender's nght4 iii the Yruperty anc! Horr���scr's `
<br /> obligation to pay the sums secured by this �Security lntitrument 5ha11 c�mtinuc un�hanged. Upcm reuirtatcmcnt hy
<br /> Burrower,this Security lutitrument and the obligat�ons secured herehy�hail remam fully effectnr���if n��:�ccrlerau��n liaJ
<br /> occurred.However,this right to rein!,tate shall nc�t:�pply m thr cri�e��faccelerst�nn under r:�ra�;ra�h.13,�r 17
<br /> �
<br /> .. -- - ------ – --�__...__..�.. . ...._.�_...�. �.. ... _ . _ _
<br /> _ � _� .��_,.; .�. - - ,. , -- � ��.�:� �rr- _ –---
<br /> . .... ..._ ..
<br /> n: �—..�_____� . � ..
<br /> .
<br /> .�.-r ,��,> ,,r <<. . , : , .t,.,:�. ,,;,"�: :
<br /> .�_:__.,,,x ;n, r.~�w�r+r •�tR�4r�y .. � . .,. -.,:....t�.,.�._«�,.�..��.
<br />
|