89103333 - Laserfiche WebLink

Browse

I 89r-- 103333 If Lender _ ..quad tnotlgtrgtt imun e • Condition of making the loan secured by if& Security lastrtiow nt. Borrower shalt pay tie prowunis – to +ngiataia the insuuanae a elect until such time as tus requiraaestt ks *g insurance termiaatexn ht aoordana�h Borrower's and fender's written agreement or applicaWeof tMe ptopeaetlr. Catalan & iMP61 & Leader or its "Pat MW Make nasaMabie etatriea upon arced iuspectioas shall give Borrower taditx at the time eager prior toss paction specifying ceatooabk cause for the iaepectiae. f. Ceaiemn mk& The promde of any award or claim for damngetk direct nr consequential. io coanecdoo with any eood"aaatietea or other taking of any pat of the Property, or for conveyance in Bka of coademnatioac,are lslr+eb�r assigned atsdshall be pdd to Lender. im the event of a total taking of the Property. the pcootob shall be applied to 0W UM sscwad by thia-30Mlty Intrument, whether or tact tha due, with any eaoem paid to Brrt+rrower. In the event of a partial tat ftof the Ptoparty, unkM Borrower and I.eadetr o b wiea agree in wtiKv* the same secured by this Security laetrueN 0 4,stii ba ndacW Iby the amount of the proceeds multiplied by the folWw " fraction: (0) the Metal amount of the sums "Mad WM d M*' before the taking. divided by (b) the fair msrl d value of the Pr+olr "imtsu4wely before the taking. Any bakuwae dwU be paid to Borrower. If the Property is abandoned by Borrower, or if, after notice by I.etxr to Borrower that the condemnor eat to make sa award or settle 0CWM for damages. Borrower fails to respond to Leander within 30 days after the date the notice is givem i ender isauthotized tocollect and apply the proceah. at itsetl6w- either to restoration or repair of the Property air to the sues so mood by this Security Intaulraent, whether or not then due. shall e��extsaad+rxt. Uslrtct tertrter sad Borrower *Abe hsrise agree in writing. say application of procvahto principal postpone the clue date of the monthly payments refe[red to in paragraphs 1 and 2 or ehsagr the anaotaat ofuch py►raat+s.,: 11L gwnwsr Ns«f RaieaaA Fadmrastee fib Leader Not a WWlvw. Bxte"ion of the tifraene for pay*"' Of modification of swxmitation of the sum secured 161;QMI,• Security instrument granted by Lathan to army successor ia . interest of 6wrower shall not operate tea release the liii)+ility of T)At origins! Borrower or Brrstrawer'It hrraeuors in interest; Lcinder shah Mot be required to coaraenee proceedings Wkuft any suracesw is ixtemst or• {than: to extend time for payment orodwrwae wadity amortization of the au111"ICeut�ed bl'"security warin"M by rrhasotaofabydemand made . by j&t otiginrd Borrower ocBarrowees successors is ieftOest. Asry Wrbeaarorce by Lender in ex right cu remedy shall not bee wiiv�erofor preclude the exercise ofriny right otr ressrady. .� covenants and agreements of' I t. binoosaaars hard ANWN Be"d: Jolat arts/ Several 1AIN . Caaigaen. this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject tothe provisiom of paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower whooasignsd convey instrument but don sot execute the Note: (a) is co-signing this Security Instrument only to mortgage, gran t an that Borrower's interest in the Property under the terms of this security Instrument; (b) is not personally obligated to pay the sums saCYrm by to s Secun[r vialf Yinil.t{ wsw Av) w�rvw :.�•« l .....I�e_wnet ww� naLee- BOfiAwa,milY_ aR[ee_t0 eatetld,. modify, forbar or make any accommodations with regard to the teams of this Security instrument or the Note without that Borrower'sconsetnt. is. 'a�i:i. v.^p:. iS: tern xeurt_'r by this Security Ir�•r•_�+••tt is object to a kw wlnic4..ts am:i/wsa l0ao charges, and that law is finally interpreted a that the interest or other loan charges collected or to be coboged.in connection with the Dann exceed the permitted limits, then: (it) any such tan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected Fran Aorrowcs which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal. the reduction will be treated"+ partial prepayment without any prepayment charge under the Note. I& Iwgisia"oa AfleeNng IA@Ws Rfgltes. If enactment or expiration Of applicable laws has the effect of rendering any provision of the Note:oc this Security instrument unenforceable according toits terms, Lender, at its option, may require immediate payment in full of all sums secured by this Security instrument and may invoke any remedies permitted by paragraph 19. If Lender exercises this option. Lender shall take the steps specified in th t: stcand paragraph of paragraph 17, 14. Notices. Any notice to Borrower provided for in this Security Instrument shalt be given by delivexitagit or by mailing ii by first class mail unless applicable law requires tam of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any other address Lender designates by notice to 0orrower. Any native provided for in this Security instrument shall be deemed to have been given to Borrower or Lender when given as provided in this parel faph• IL Cwvpaiag Law; SeverdA ft- This Security instrument shall be governed by federal law and the low of the jurisdiction in which the Property is located. In the event that any provision or clause of this security Instrument or the Note conflicts with applicabk law, such conflict shall not affect other provisions of this Security instrument or the Note which can btgiven effect without the conflicting provision. To this end the provisions of this Security Itlstt umeni and the Note are declared to be severable. U. sern w es Ce". Borrower shall be given one conformed copy of the Note and of Ibis security Instrument. Property or y 17: Ttr"dw of the Prowly or a Ber.aflcisl Interest In Borrower. If all or any part of the Property ex any intmst im i1 is acrid a transferred (or if a bendcial interest in Borrower is sold or transferred d and Borrower is not a natural Orion) without Lender's prior written consent. Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. However. this option shall not be exercised by Lender if exercise is prohibited by federal lawns of the date of thisSecurity Instruaaeat. If Linder exercises this option. lender shall give Borrower notice of tecderati� The notice shall provide a period `of nd less than 30 d Crum the date the notice iadelivered or mailed within which Borrower must ;*y all sums secured by . this Security insuromem. If Borrower fails to pray these sums prior to the expiration of this period,, l,e�,der may invoke any remedies permitted by this Securily Instrument without furtbs r notice or demand on Borrower. if). DerwwM's Itf%M k Reinetale. if Borrower worm certain conditions, Borrower shalt have the right to have enforcement of this Security Instrument discontinued at o ty tteane prior to the artier,.aof~ i;a) S day>f (or such other period as aVphcabk law may specify for teb sudement) before sak of tbt Property pursuant to any power ofsale contained in this L Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sawn which them would be due under this Security instrument and the Note had no acceleration occurred; (b) curbs any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security InstrummA. Inclvding. but not limited to. reasonable attorneys' fees; and (d) takes such action as Lender may ressoe bly require to assure that the lien of this Security Instrument, Lender's rights in The Property and lkirrower's obligation to pay the suns secured by thn Security instrument shalt continue unchanged. Upon retnstatenritnt by Borrower, thi%Security instrument and the obligations secured hereby shall remain fully effective as of no acceleration had i►crurrrd however, this right to reinstate shall not apply in the rase of acceleration under paragraphs 13 or 17. 1 0