89106208 - Laserfiche WebLink

Browse

F _ _ _ _ ___ � � $9 i0�208 3f L.endes requir�d mortiaie iasurat�a as a conditinn ot m�ktna the lato xcared by this Security Instrument, �• Aartower shaU pay the prcmiums required to maintain the insur�tnce in eRxt until such time u the rtquiremrnt for the insunnce terminata in�ccordanct w�ith 8orroMer's snd Lander'�Mrittrn sjteement or�pplicable l�w. •, IrMetio�. 4eeder or ib�ent may maice rasonabk enaia upon and inspections of the Froperty. Lender �hall Sive HotroMar aotice at the time of or prior to an inspection�pecifyin;rasonable cause for the inspectlon. !. t:oNdt�do�. The procads of any aMUd or claim for damsaa,direct or consequential,in connxtion Mith any c�ndemnxtion or other takins of any p�rt of tiu Pcoperty,or for conveyance in tieu of condemnuion,ue hereby aaip�ed�nd ebaU be p�id to l.entkr. ln tbe event of s tot�l aki��of che Propeny.the pra.�eeds shsll be spptied to the sums sxwod by this Security Imttummt,�vhether or not tben due.with any exoas p�id to Horrowtr. In the event of s partial taking of ihe Property� : un1e�Borro�ver and Lender other�vi�e a�ree in�vritin�,the:ums sacured by this Security Instr�meat shall be reduoed by the�mount d'the pmcaeds malHpliad by the folloMina fraction:(a)the total unount of the sums sacnred immadiately bd'o�+e the takinj,divided by(b)tlu fair muket value of the Propeny immodiately before the taking.Any baLnce shall be pkl to&►rm�ver. If the'Property is sbandonod by HorroMer,or if.atter notia by Lender to Bonoaer tbat the condararar oRers to malce aa a�rard ar settle a claim for damsja,Bonowrer fiils to respoad to Lender within 30 days atter the date the notice is �ivea,Lender is autharizod to coUxt and apply the proaeds,at its option,either to restoration or repair of the Praperty or to the sums�ecurod by this Security Instrument,whetlier or not thrn due. Unlas Lender and Horrower otherMise�ne in writing,any spplication of proceeds to principal shall not eatend or postpone the dne date of the montWy psyments refesrod to in pangraphs 1 u�d 2 or chu�ge the auwuat of such paymrnts. 10. Boerower Not Relea�; Forbe�ra�ce Hy I.esder Not s Wd�er. Extension of the timc for paymrnt or nwdlflcation of amortlration of the sums secured by this Security lnstrnment granted by Lender to any successor in interest of Borrower shall not opaxse to release the liability of the original Bonower or Borrower's successors in intetat. Lender s1iaU not be required to commence proceedings against any successor in interest or refuse to extend time for paymeni or ot�ite modif�r smurtiz�tion of the sums securod by this Security Instrument by rcason of�ny demand made by the oripnal Horrorver or BorroMet's succasota in interat.My forbarance by Lender in eaercising aay right or remedy shaU not be s w�ivtr of or preclude the ea�ercise of u►y risht ar temedy. . II. Su�cp�oes a�i A�tpu Ho��d;JoLt a�Serp�I3sbility;Co-sipien. The covenant�and a�tnu of .- this Secw�ity tasm�ment ahall bind uid bene5t the successors and assigns of Lender and Horrower,subject to the pmvisions � '. � of paraaraph 17.BorroMer's covenants and agrammW shall be joint and several.Any Borro�er who co-aiaes this Security �, '�� instrumeat but doa Aa tarcuie tLe Noce:(a)is casi�aing this Secwity Instrument oolp to monaage,gnnt and convey � j � that Borrotaer's interest in the Propecty under the terms of this Secnrity Instrument;(b)is not perso n a l ly o b l igat e d to pay �•� i J {,� . --.a�_..�._a._�.:...a__,�r. ..., i.a.. �... 1�..d�.... .,n� �u�r wv w�r tn�7[tenf{ ... �IIC SWIL1�JCSYIW Vr Ztttb 7CL'Y�lty lU,t�{�tl�itttf�(rI��awo Z��wt�nr��r�.� w�ii�i� ...:.�"'Z �.�..��._� ..v.��_.�"'_"_i . � - modify.forbear ot make any accommodsrions with ngard to the tams of thia Securiry Instrument or the Note without , _ that Horrower'a consent. , 12. Lau t�ar�es. If the loan secured by this Security lnswmcnt is subject to a law which sets maximum loan chuaes. uid that law is finaUy interpreted so thu the interest or other lo�t► charges collocted or to be collected in : connation with the lo�ut excced the permitted limits� thm:(a)any such loan chu�e shall be reduced by th�amount necassaq►ta reduce tbe charge to the permitted limit;and(�)any sums alrady collected fram Borrower which eacadod permitted luaits will be refunded to Borrow�er. Latdet may choose to maice this reFund by reducing the principal owed � ander the Note or by makina a direct payment ta Barrower.If a refund rederces principal,the reduction will be treatod u a putisl prepayment Mithout any prep�ymmt charae ander the I�ote. 13, Ia�o� AReetiq I.eMer's Ri�b. If e�ctinent or expintion o6 applicabk laas hu the eRect oP ; rcnderin6 any pmvision of the Note or this Security Instrument unenforcable according to its tertns�Lender�at its option, may require immediate psymrnt in full of all sums secured byr this Security Instrument and may invoke any remedies pennittad by puagrsph 19.If Lendet exercisestbis option,Lender�sh�ll take the steps specified in the second paragraph of � puagraph 17. • ; i�. Notica. My notice to Borrower provided for ici tt�is Security InstrumeitF shall be given by deliveriag it or by � � mailina it by flrst elass enail unless applicable law requires eise of another methvd. '�'!ie notice shall be direeted to the ;:� Pmperty Addras or any other address Borrower daignates by notice to Lender.Any notice to Lender shall be given by - flnt clus m�il to Lender's address stated heteisz or any other address Lender daignates by notice to Borrower.Any notice � : provided'for in this Secwity Instrumrnt shall be damed to have ban given to Borrower or Lendar when given as provided : in this paragraPh• � 15. Gq�eraia�Law;Se�erability. This Socurity Instrument shall be governed by federal law and the law of the jurisdiction in ahich the Property is located.In the event that any provision or clause of this Security lnstrument or the Note consictt with spplicable la�v.such conflict shall not affect other provisions of this Security Instrumont or the Note whieh can be g':vess efftct without the eesstficiiag p:ovisiost.To this end the previsions of thic Sccurity lnstrament and the Note are declued to be severabk. 16. Horrower's Co�y. Horrower shall be given one conformed copy of the Note and of this Security Instrument. 17. T�a�ter ot t6e Prorerly or a Beseflcial Interat ie Borrower. If all or any pan of the Property or any interast in it is sold or transferred(or if a beneficial interest in Bonower is sold or transferred and Borrower is not a natural person)without Lender's prior writters consent, Lender may,at iu option�require immodiate psyment in full of all sums sxured by this Security Instrumrnt. However. this option shal) not be eacrcised by Lender if eaercise is prohibited by f�dersl law u of the date of this Security Instrument. lf Lender eaercisa this option.Lender shall give Borrawer notice of acceleration.The notice shall provide a period �-=_--=-- of not less than 30 days ftom the dste the notict is delivered or m�iled within which Borrower must pay all�ums secured by this Security Irutrumrnt.lf Horrower fails to pay these sums prior to the expiration of this period,Lender may invoke any � , remedies permitted by this Security Instrument dvithout fuRhlr notice or demand on Bonower. ; li.Borrower'a Ri�t to Rei�state. lf Borrower meets certain conditians,Borrower shall have the right to have , . entorcement of this Security Instrument discontinued at any time prior to the earlitr of:(a)S days(or such other period as � spplicable I�w m�y specify far reinstatement)before sale of the Property pursuant to gny power of sale contained in ehis L Security]nstrument;or(b)entry of x judgment enforcing this Security Instrument. Those condit�c,ns are thet Honower: Qa)p�ys I,.ender all sums which then would be due under this 5ecurity lnstrument and the Note had no acceleration occutted: (b)cutes �ny default of any other covenants ar agreements; (c) pays ai! expenses �ncurred �n enforcing this � Security lnstrument. includ�ng, but not limited to. tawnab}c ytiorncys' fees; and(d)takes such act�on as Lender may � reasonably rtqwre to assure that thc lien of thi5 Security lnstrument. Lender's nghts i�f tiie Pro�rty ard�i�rrower's � o!+ltjattaa to p�y the sums �tct�tet! by th�s Secunty Instre�m�nt shall cunnnue unchanged L�pnn re�nstbttment by � Borrower.th�s Security Instrument and the obligaaons secured hereby shaU remein fully effect�ve es if n�acceleration had � occurrecl. Howe�er,th�s nght to reinstate shall not bpply m the case of acceleraiion under parugraphc l;nr 17 �