` �' '� -- ' �
<br /> . . ' • � •
<br /> . . . :.s:a.a._
<br /> - . . � _.... _ . ..._..._ . . _ . . -----...____.
<br /> =—,� --..._.�_._. . -. � i
<br /> � � • Bortower may cura such a detauti tsnd reinst�te, es Frovtdad in pars�graph t@, by eausing the action or proc��f'np t� D2 .`
<br /> , ti�smfa.^.cd�rith a tu!:ng thsf. tn L�d�r's gaos!fWth d�tertn:naUan, prechsdes forfaitura o1 tho BoRrnrrer's interest in thu ProQsRy or �
<br /> - � otAEr rttaYerta! Impa?tmtnt ot thv IiEn created 0y thf� Seeurtly tnstium2nt ot lCndcra�rcuurity intere�t Bartorvet uh�11�ISO CY�In � , �
<br /> ' , d�tautt U Batrower, durfng the toan app:!caflon pmeese,gsvo materla:,y tzlao or�nsecurate intortrt�tton ar state.ments to lend�� tar � •
<br /> . t�"ed to provtda lendar wtth any materl�; trtomtat[on) tn cannectlon with th� loan avtde�►ced Ey tho Nat�. inciud'ng,bil no!
<br /> f.rrned te, reyresenfaltons coneem'.ng Bommer�8 OIILLp3t1C}f ot tfle Rrapertp a� a p�inciyai residtnet�. tt th!s Securt3y �
<br /> � . •�� InsYrumt�+t 19 en a lRSSEho:d, Borrcxcr ohail eofnpJy wRh a:l ths pmvt�:an3 of tho tea�o. II Bortawe� ac�u!re3 (ea Gllo to the �
<br /> ' � Rroperty,tho�euaha:d�nd the tee UL'e ahall no1 rrtarge unleaa L�da agree�to ihe marger in�vrtt(rtg. �
<br /> � ' 7. Proi�etlon o! L�sndsr's Rfghis tn the Prop�rly.It eorrawea fa`le to peAartn tho eovenanta and agrc�r�stta
<br /> ' com�'nsd in th!3�ecu�ily In�tnrmant, or there Is a tega! preeeEdfig tRat rn3y cfgnl,".santy aftec! Lei+dQYa rt hts ln th4 P:.in:rN � :
<br /> E (sueh as e proe�ng ln banleuptcy.probate.tor conde�senatlon ar torteiNre or to enioree 13ris or regu!aUonsj,thEr► Lrn:fx+°r.y .
<br /> - � do and psy tor whatc�rer ts necesss�y to protect tho vntue ot tho Prop�rty and LendsYs dghts in lha Ptop�t'ty. L���r's e.ie:�e� �•
<br /> may inciude pay'.rt� any sums s2cured by o Cen vfitch has prtotity over this SECUriry Instrurrien� epp�a En �11. P�i�^�
<br /> _...--r reasonsb!s attomays'fees end eriteztng an ihe Rrop�ly to make repaIrs.Afthough Lender msy take atiion u^�r i7ra Qrre��{aA
<br /> 7,Lendes does not have to do sa. , - ,
<br /> � My amounb dishursed by l.ertder urt�er paragrapfi 7 shaU bacame add'�tonal dehi of Barrawer sewreff by tr:u S:ati^S.
<br /> instrumen2 Unt2ss 8otro��rer and i.�der agrea to other terms of payment, these amouMs shari DPar f�ter�t im:r►ih�d'�=u o! � � '�•`
<br /> - � �IIsburs�ner�t at the Note rffie and shali be paysble,vrth imerest, upon rtotFca from Lender to Bcaawer re��tr:a psYtr�i. ":;�-:.
<br /> 8. Nlotig3ge I�t8u�ttCS. [! Lender requ'red rrtortgage Usuranco es a coeidtton ot cnaMng the Eaan secu:ad trj ttsa �
<br /> ' � 3easrfiy Inshum��Borrovrer sha;l pay the psem!um�required to m:'rrt3:n 4Pse rr,ertgaga insurance tn efiect lt.tor any rw-m.t`�a `
<br /> � martgaga insurance coverage requ'Ted by Lendu Iapses ar ceases to 6a in �h..cG Borrawer sk3!1 pay the pre�nt�c.^.+s rext5era ty _;__;�P
<br /> obtain eoverage s��stantL:.y e�{u=d'd�t to t4�e mortgage tn�u�es:�prevlousiy in eftetx. at a east substentialty eq�lCv.�es�t to ttcs --
<br /> f_r��
<br /> ' cost to Borrmr�� af the mortgage tnsuranca prevtausly in �.Y�et.irem an aitemate moftgaga insurer appraved by Lat�:�. it �-- ^
<br /> substan�a.T/ e�uhr�.:c-�t morigaga insvrance caveregs is rtat ava?able, Borrovrer shaU pay to L.ender esch rccx��e sum equat to ��i
<br /> . one4weifth of the y�:!y martgage insurance prerr.�bEing Fa.'d bU Burrower when the insuranw ca�rc�ga lap�!o-a�c�to ��`
<br /> • ' ba in eRed Ler.�a��aa.r�tf, ccs�and r�'n:f*.�e Fa.^-�:�as a loss reserve in Qeo 01 rtiartgags tns��ar. Loss rosatve =-�-.
<br /> . pay,-�YS taay no t�-;,er Ca�4':�.ffi the c;r� ct L2.:��r �� :�:ortgage(nsuranco caver^�o2;"r�the 2mo�stst and for tt2 p�cd �;_
<br /> • . ., . that Lender req�'.�'��roYldad t�ry.c� rsurer �..a�.zd�.y 1=c�s again becomes availab'.�err� "s ohL�tned� Borra�ra at-.Nt pay. �.�
<br /> the prerrdums ��a ma::.za' ^:t'v'r;-�'s:r'��in e�e^� or to Rrovida a loss res2r.�u.'Yl the sr��,r'r�-�r.ent fa. �ccct4ags ,�,;;=;�
<br /> . r � °
<br /> • �- (nsurance er�ds�r�rtastce wGh eny wr.'_^a a3�^ert beiween Borrowv,r azd lender or a�u�ble t�•�. °_-
<br /> , �'�j�• � 9. ItiSpBC[i`Crr', Lender ar its egeni..:_t�r�:;s reasonat'.e efltrl6s upIIn¢!tJ 6lispeCtiII:s�4he F.r�rai71. l.en��cha{i r�'ve :,.=_-
<br /> ��:..
<br /> . ._.�«�±.� . Borrower notice at the time of er triar to an �zctton�pec:-0/n��reasonab:a�_sa tor tFa r.��etia�. ,�„___
<br /> . . .,i!-• ` 10. CO�tdetf9nSti¢74.Tizs��-ceeds of arty avrarC c-�r�-"..r..tar damages,dUect e° �.?quenti3l.in connedian w7i� �rfy =
<br /> �� ccrdemnatIon ot ethe►taidr-g at�a-�; �rt o1 Lhe Property. �r-ea-�nveyance in I:tv oi ca.ti;�r.�tadon. are hEreby assi�af 3nd �_
<br /> . shali be pafd to L�.�'zr. ___
<br /> �n the e+te�: � e toLai ta;�tg of the [�s',. '�a �..r�-� shail Cs �p1ed to the sums s��E 6y thls 3ecurtry
<br /> Instrument,x�7�wh�r or rtot then dua.with ary�ress pa:�t��;.�rtowe.r. In the e��en2 of a paRiai taktng a`•S�r,�!'rcperty In whkh
<br /> 1'�a�;r maticet va'ue o1 the Pm�ty tmmedfatety betare the�i-3 is equal to or great2r L'�.� ihe am�..:.ef�:a sur..s�a,.:ed
<br /> ' ,• ¢�I ':':is Seeurtry insVUment imrrted'u�tey br�tore tha taSdrsfl, u:s;�s Barrovrer and Ler�de ��^xise auree �-� writirtg. L+�r�es,.ms -----
<br /> � '�'����' � s�7ed by this Securiiy InsVUmet►t shaA bs redueed by the srttaar�04 the proceeds t��tt�llr�d +�y the fa;.�.�»:'r.3 frae8on: ;j ths
<br /> •' l total am�unt of tha sums$ECUred immediateiy befare the ffitdng, dhrtded by @}the far ma.�ei valuo 6?ti�::(�sperty immediatety
<br /> • betore tlfe taSdnp.My 6alartce shall ba patd to Borrrnver. In the erent af a paiUai ta(dng of the Property L�r,tt'cn the fair maricet
<br /> � va'uo of the Froperty Immedlatery before tha taung is lese than the amamt ot the cums secured immadu2..�:y bEtore the tatdng, -
<br /> �" un!�s Borrower and Lender oiherwtse egree in wdttrtg ar unless appltcabl9 Iaw oiherw(se pravides. the pmcezds shail be _
<br /> ; appk'ed to the sums secured by th13 Searity Instrument whether or not the sums ere then�B.
<br /> • •� It the PropMy is abandono0 6y dorrawer.or if,after notiee by Lender to Bortower that tha condemnor otfe�s to as�ke an
<br /> � • ,� eward ar settie a e'�1m 4or damages. Borrawe� taiie to recp�nd to Lender wYh'n 30 days after the date the noUce is gIven,
<br /> Lender ts authorized to coDtet end appy tho praueds, at fts opUon, either to mstoraUan ar repaU of th9 PropeRy or to tAe
<br /> • sums secured by thts SewrEty Instrument,whether or not then due.
<br /> • Unlase Lender artd Bortarrer oihervrfse ngree In wriL'ng, any eppl?callan o1 proceeds to pdndpa! sha11 aoi extend or
<br /> ' postpane tha due data of the monthly payments referted to In pangrsphs 1 and 2 or ehanga the amounl o?such pxymenta. r
<br /> 11. Barrowar No!Rstassed; Farboarine�By t,�nd�r Nat a Waivsr.6ctens�On of the UmQ tor paymerri or
<br /> � � � : modiHcaUen of emarthaUon of the suma seeurud by lhs Secur[ty Instrummi granted by Lertder to any suecessor in interest o1
<br /> • , � Borrawer shafl nai operate to reteasa the fiabkity o1 tfia vrtgtrtal BaRawer or Borrower's succPSSOra in h+teie�l Lertdar ahatl not
<br /> bo requlted to com�nanca proseedings agaln5t any euecessor In (nterest or retuso to aQend Uma tor payment or otF.erwlse
<br /> m�d�!y emoRizatton o1 tho sums secured by thts:�ur(ty Instrumml by rea�on oi any demand maQe by the original 8arrawer or
<br /> •,'j,�,� Borrowd's &uccessors in interesL My torbfxrance by Lender tn exerci3ing anyr rtgM or remedy ahaA not be a watv� 01�r
<br /> .: 1`, p►edude the exerd:te o!any dgM or reme�dy.
<br /> 12. Saccassars and Assigrta Baund; Jofr�t and Saberal U�bitiiy; Co-agnors. The eovenants ana
<br /> a�eements ot th:a SewtAy InstrumEnt ohafl 61nd and benefit the successoru t�rtd asst�s of Lenda and Borrowe�,sub�.cl to tAe
<br /> ' • • ptovistons o1 paragraph 17. Barrawers covenants end agreementa Eha9 be jofit and seveel. My Banawer who c�stQn�thi�
<br /> �rrily Instrument but dop noi execute the NoLa: (a) is co�igning thi�Securtiy Instru�cc�[anty to rtiortgage.�atrt and comrey
<br /> • � � �, � t!�.�Borrowers Interest in the P�operry un�er tho tertns oi thJ� Security Instrumenx (b) i�rtc1 persona�9y obRgated to pay tAe
<br /> � sums secured by ihi3 Secudty Instrument; mS.d (c)egree�thal Lender and any oiher �'crt�wer may et,yes to extend,modiJy.
<br /> torbar or rnake r-r�eeeommodaUona wftA ra}tn-d to the tertns o1 th3s Seaudty U:.trucrteru er tha Note�vithaut that Bo�oweYa
<br /> ' �+ consent �
<br /> � � 13. Loen Ch8ig99. If the rrrrn :�ewred by this �eraidiy InsYrum2nt is subjcct ta n law wh:eh sets maximum laan ��
<br /> � � � ;�� rJ:�32�,and that Iavi is ftnely i,�tr1-.�=`:zd :,o that the intcxc�' ar othcv loan eharges ce�l�f�i or ta bo coEected in conno:Uon -_
<br /> wilb tho taan exceed tho psr�r'.tt�1�:�r.its. thm: (a)8ny su� I�En ehrrge sh�:!bo�educ�i L-/iho amouni necessary to raduoe =
<br /> the eharge to tho permtited Qmi� and(b)any sums ritreaty cofieC:�d Rr.nt C'artower vuhich exoeeded pemQtted Qmtt9 w�l Do -
<br /> :t� rcAunded to Borroiver. lenda may choosa to�r,ake this retund by�educ�Tg us�prfie�at owed und�r thn M1loto ar by making e _ _
<br /> , � direU pa��.�t to Barrc:rsr. (f n �efund re:��x.b prin�p�l,th�redudlon ��dL bo treated a� a partl8f pre�nym�4�au1 erry ':`:
<br /> �� prep3ym.,m1 ch�rgo under the Noto. �"-°
<br /> ' 14. Naticsa.Any rtoUrs to Bmrower provlded tor in t�is Security Instrument�hall ba gi+ren by delNe�ing it o�by mailing it �°ry
<br /> • • � I;r ffrt�1.n�s mail uniess appl:eablo law requ'.ces use o?anolher meihod. The notice shall ba directed to tho Property Ad�ess _
<br /> „ � � w any oiher ad�esa BOf�OWC! dESIgJ18183 Dp �^�L'ce to Lend�. Any no8ee to Ler►der shai! be flrven by firat �ass ma91 to _.
<br /> Lender's address stated hete(n or arty other�r1�.��ss Lender deslgnates b��:a8ce to BorroNer. My notleo provided tor in tlft�
<br /> . � Sacudty InsVUrttent ahaD ba deemed to have t�T;Nen to Barrorler or Lon�dr�•x when fllven as pmvtded in th:s pant�aph. .
<br /> • • � 15. Goveming law; Severeb�lih,►. T,�is 3ecuiiC/ frstrument �::ail be govemed 6y fedcrat taw and the taw o!the '
<br /> g.rsd2ctlon in whieh tha PrepFrty ts lacated. I� the eve�t t1�ri.any Frovision or clause of ih:s Securiry Inslrument or the Note .
<br /> � . • eon�lats wtih app'�cab:o law,such v�nElct shJ �ot af(e�ctlS�:�provlstons of thls SECUri.,�insLument or the Note which asn bo ��t�;;
<br /> given eftect withov!tAe conP'cting provision.1'0 �?.'.s end the�ro�ristans of iho;Sceu:ity InstrumEni rsn�tho Note are dec!ared to t����
<br /> . r
<br /> ba sevESabie. .
<br /> ' 16. BOttoWer'9 COpy.Bonorrer stz�:'�e given ar,n��nformed ccy�of tho Note and o1 this Sewrity Irtstrument �
<br /> I � � �
<br /> �
<br />... - -� . _'-• 'j Fi3ini.iviu i�v��+� P.2ga 3of 5 C
<br /> . ' i
<br /> � ,
<br /> i
<br /> � C66
<br /> � - - �
<br /> _ � _ __
<br />
|