|
� ��_ow+� ' � ��' ' ..: ... .':!;.. _ .. . ��
<br /> ti �M,.�,.� -
<br /> „
<br /> :�� , �., • , . . ___
<br /> ' ' . >'Ii��'�r��. ._ .i � . � . . . � . � �:il.1^.}(�� .. !)"F{!d•iY "_' ''��..��W ._.
<br /> .. . _
<br /> / - � ' .. - . —_—
<br /> . � n �-...�i
<br /> . • " r�� A� �—
<br /> �
<br /> . � . - . ..r1'{���YRW��.Mi..v1�Vf...u...r.,-q.rlv.w�..�..�.:i..ti.0.�iMikbwvnBlEisrlp�7J�rtlt'�� ..._`._.......`�.�.__..........."'... .�� _...._......__" _'�__._______. .
<br /> , . . . ��;. �.' .
<br /> ,� „ .,.. . • inmv.�.+w.�. . .
<br /> .n ..._ _... �_._._.
<br /> . l ,._._,:.
<br /> ...a 5..��-� t�.L.i.....-+a....."_._."."..._....__ "_"..._....... :.
<br />.. �_:.'JI� �
<br />---'-�� tiuh�iuntiully cyuivalent mti�rt�uNc In�anmcc covcrc���c i�not uvuilublc. Hnrrowcr+hull p:ry tu Lcndr� rarl� nwnih a tium cqu:d to �_:
<br /> _ �,,,� .,..�, �._
<br /> '` :ti. . unc•�wcN'th of dic ycarly murtgc�gc in�urunrc prcmiu�u hcing p�+i�l hy K<,r�uwcr��licn tii�►n,ur;�orr.•uvcru�;r Iup�cJ ur r.n,��d t„ •
<br /> hc in cf�ect.l.ender will ucrept. u�r.►nd retuin thr�r paynunt+.iti u lu�.r rc+ervc in liru at murtguNr inrur:mcc. Lu,� rc�er�r
<br /> " '� p��ymc�n�.nmy it�i lungcr he rcquirrd. nt thr«ption o�'[.cnder.ii'murigu�c insurancc ravcra�c�in Q►c amuunt und li,r du periad �
<br /> �"`''�' that IAnJcr rcyuims)pnwi�lcQ hy un lnrurcr up{truvcd by l.cu�lcr aksuin bccumc.r uvi�iluhlc cmJ i,��btainc�l. fiurruarr.lud! p�►Y - ,
<br /> tAc prcmiunn rcyuind tu m:�int:�in nu�ei�a.�ttc f�ttiurautre in efl4ct.ur tu pruvide:i lo.ti re.�rvc.uutil the reqidrrmrnt ti�r murtg�i�;c �i`� _
<br /> ' imurancc cnds in urc��rdcmr�:�vithnny wr►uca u;�rccmcnt hctwcc��Hur��uwer+md IxnJcr ar appliruhlc luw. � —
<br /> . 7� 9. Inypcctlon. I.cncicr ar ity u�;cnt n►uy inakc rca�onnblc cnu�ic�upun uml in,�rctiuu,al tt�r F'r��pc�ty. l.cndcr�hidl givc
<br />-_k;..-..� Borruwcr notire ut the tiaie uf ur priur tu un ins�n:ctiun�prcil'yfn�t r�usunab�e�nu.c G,r tlic iu,peruun. � --
<br />`;"�.`� 10. Cnttdcmm�ttnn. Thc prucecds ��f'any u�v�rcd ur riuim fur J:unugc.r. dircrt ��r ran,cyucntiul. in ruim�^�tinn with i�ny
<br /> ."° wndc►nn:►tian or otl�er�nkinv�►i'�my pan uf thc I�ruprrty.��r ti�r canvcyuncc in licu ut'c�►ndcmnation,uru•hrrcby n.signcd a�id � �
<br />- r,hull bc p:�id to l.cndcr.
<br /> °w' In the evcnt uf u aaid tuking ot'the 1'r��perty,tire pn�cecdr shall he appli�Y1 tu thc�umti�crund by thiti Sccurity Intitrununt, �
<br />-=---�-��� whcthcr or aot then duc, wlth uny cxresr.p.iiJ tu Harruwcr. in th�cvc�u uf'.►paMial t+iking��1�thc Praprrty in which thc ti�ir
<br /> =`''�"' market value of the Prupeny imnxdistely I�eli�R the tuking is equu!tu ar grcutcr thi�s��he umou�u uf th�:+uim+ecurcd by thiti
<br /> Securlty Instrununt immaliutely bei'ure tlu taking,unless S��rruwer and L.ender udunvi.e ugree in writing,thw�umy�ccurcd by
<br />-_::^;�?�� thiti Securlty Gistrument �hall be reduced by the umount ��f the prcxe��ds muldplied by thc ti►Uc►win� fructi��n: lu) tlu tntul
<br />`•-s-•�-- - :unount of the swny.ecurui immediutcly lxfurc the taAing.Jivided by (b)the fair murkct valuc uf ths Pmperty immediutcly �
<br />°'�`� before thc taking. Any balunce�shail tu paid a► Borroacr. In thc evem oP u purtic�{ taking of thc F'mpeny in which thc fuir
<br /> `�•'�'� market valuc of tht Property immcdiately betom thc takin�iti Icss thun the umuunt nl'the,ums s�:cured immcdimcly befbrc tha
<br /> ---==;�� takin�,unless Bnrrrnvcr nnd Lendcr otherwisc agnee in writing or unicss appl3cnble luw utlicrwi+c provideti, thc pnxc�ds shaU
<br /> �"°"'�� be applied tu the sums securcd by this Serurity Instrument whethcr��r nut the sumti urc then duc.
<br /> �"�""-'-`'�-� If the P���crty is ubandaned by Barrowcr,or if,aftcr aoticc by I.kndcr to Bormwcr that thc conJemnur offen to mukc un
<br /> awarJ ur scttle a cltum for dumagcs.Borrower fuils to respond w I..endcr within 3Q days at'ter thc dute the noticc ix given,
<br /> Lertder is uuthorized tn coll��ct and upply the proceeds.at its option.either to rctitorution or repair of the Property ar to the sums
<br /> _- - -� secvrcd by this�curity lnstru�nent. �vhethe�or not then due. �i�iion af ra:�.�ts w principat shatl not extcnd or =-
<br /> _-=- 4Jnless I.ender nnd Borrowcr othenvise ugt+ec in wdting.uny apP P
<br /> pastpone th�aue date of the mnnth{y paymenu referred to in puragrnphs 1 and 2 ar ch�r+ge the:unount of such paymcn�v.
<br /> ��`��'�� il. �pm�n�ver Not ReEeased; Forbeact�nce By Lea�Der Nn!A lYtaiver.�xtension of the time C�r payment or modificution
<br /> � of amortization of the sums sec:�red by ihis Stxurity InstRlment granted by L.ender ai any successor in intemst of Barrower shall
<br /> -- nnt uperate to release the liability��f the ariginril Borno�ver or Barrower'�successor�in inter�st. I.ender shall not be required ta
<br />-�-- c��mmence pmt�eedings ug:iinst nny succtssar in interest ur retuse to extend dme for puyment ar athenvise modify amoetizutton
<br /> of the sums st.cat+ed by thiF Sccunry Instrument by reason of uny dcmand mude by the origina� Bomowcr �r Borrower's
<br /> successars in interest. Any forbear•u�ce by Lender in exercisin�any right or rcmedy shull not be u waiver uf ar preclude the
<br /> ^:K�A'
<br />__ ,;t.,, exercise uf a��y right or rem y.
<br /> -'-��!;1� 12. Succes.�rs und Assigns Bonnd; Jo1nt and �everal Liabiltty;�:o-s�Rnere. The covenanu and agrecmcntx af t �s
<br /> Secudty Insirument shall binr� and benefit the successors aid uc�igns af Lender und Borrower, subject to the provIsions af
<br /> - parngraph l7. Borrower's covennnts and agrcements shall he joint nnd severnl. Any Borrawer who w-signs this S�:eurity
<br /> °° instru�t..=.:�:t do� �i�zt!'�,��t�,r Nnce: (al is casigninA this S�xuciq'instrument only to mort�ase. grant suid conVey thut
<br /> �';';� Borcower's interest in the Propetry under the terms of this Security Instrumcnt;(bj is nut pcT�amutiy obt9gait3 its�ay tlse�• -
<br /> - • secured by this Securit�+lnstrument:and(c)agrees that Lender and any ather Borrower may u�roe to extend.modify,forbear or
<br /> make any uerommodutions with regurd t�the terms of this Security Instniment or the Note wit��ut ahat Barmwer's consent.
<br /> 13. I.oan Chnrq�. If the loan secured by this Security I�suu�nent is subjeca to a luw which sets mauimum loan chnr�es. ,
<br /> ----- flnd that IAw is finally inter{►retod so that the interest or other loan charges culles�ted or to be wtlected in connection wl'f1►"the
<br /> Iden exoecd,�the permitted limits,then: (�)any such loan chnrge shsill be mduced by the amount neoessary 4o raduce the.:hurge
<br /> 4o the pPr�nijt�fl limit:and(b)any sum.�nlreudy collected from Borrower which exceeded permitte�limits wlll be refundaf•so
<br /> �orcuwer. Y.��3er may choase ta m�c�e tiiis refund by reducing the pdncipal owed under the Note or by makin�a dimct
<br /> • payment t'p���ver. If a c�efund neduces princip�l. the rc�uction wil! be tre�te� as a pnrtial przpayment withaut any
<br /> • �r�payRtent chat�e undes tbe Nac..
<br /> • � 14.Notices.Any no'iia ta Borrower providecl for in�hts Scxnrlty Irtstrument shall be�iver+by delivcrcaL�it or by rnniling
<br /> itt by ficst class muil unless uppilt�ble!aw requires use of unothe�meihod.The notia shall be directed to the PYoy�erty Address
<br /> or nny oth�r uddmss Horrower desiyncr�:s by nottce ta Lender. Any notice to LendeR shall be given by first c�ass mail to
<br /> I.ender'r,nddress stated hcrein or��y�a'c:k:r uddress Lender designntes by rtottce to eormwer. Any notice providod for in 3hia
<br /> � 'Security Instrument shssll ba deemrd to'have been glven to Borrowcr or Lender when given ag pn�vidod in this p:sea�rnph. .
<br /> 15.Governing La,3v; Sevc�rebltlty. This Security lnstnuncnt shalt be govca�ad b�� faderal !aw and the Inw of the
<br /> jurisdiction in whtch tPtt+�ropzrty ia lc�cated. In the event that uny provision ar eSuuse of t�iis Security Instrucneut or the Nbte ��
<br /> confl�cts��iih applic�ut�le Ic1w. suct�conflict shull not af5i�ct other provisf�ns of.his Secutity Instrument or the Note which can bo
<br /> given ef�'¢a't�s�ithout the wnfliaing pro�9ston.To this end the provlsions of th3s Security(nwcrument and the Note ane d�lai�ed
<br /> ---- to be sov�rntil2. of the I�Iote und of thi��ecurlry lnshument.
<br /> 16.9Rnrrower's Copy.Bocrower shnll be gtvea one confomced�eopy ��f�o�,ro � op�y;nterest in it
<br /> l7.�onsfer of ths Prop�'dY or s�Benefds[al lat�rest in Bor�+mw�er.If nli or anY P P� Y
<br /> ' �s sold or transferred(or if u bsn.fcial intetest in Sorruwer is sold or m�nsfern:cl s�nd Borrower ia not n natttaa9 per'snn)without
<br /> � ' Lender's�i��r wduen conse�t, i.ender mny. ut tts opdon. require immed'n�t� pnyme�nt in fitll of nll sum� secured by this
<br /> Security 1[�i,^�::�ent.Hatirevae,this a�ss�c�a sl�all nnt be exercised by L.ender if exercise is prole��iz�,*d by faderat law as�f t6ta:dute
<br /> _ of this Seci:��'y Instnumnt�Q ��n,C`nder shall�tve Borrower notice of acceleration.The notic�shall provide n pedod nf not
<br /> ---_- tf I r�s�rf exerci..es.hl.. •'lw
<br /> � � I�s than 30 days fmm�t�a dnte the notice ts dciivered or mniicxi wtUuu tvt�tc3 �orrawPT m�x �rxY ut� ��!� '�`�'� �Y �
<br /> security Insuument.lf��otrower fai[s ta pay thesc sums pdor to the expiraHon cn���44is period.Lender mny 3m<��lce nnY remedies
<br /> . permittpi t��1h1s Secudxy Inswnient without fwther nodoe or demund on Borrower. gorrower bhall have thc right tu.6Uave
<br /> -�--- ir pt$. �'xafrt�o�ver's dsight to Re6nstete. If Borrower �neets certain condttions,
<br /> --_�::':",'�� enforcemarJi vf this 5ecurity Inshument dlsnontinued at uny drne prior to the carlier of: (a) S dnys (or such uther pra�dc+d�s
<br /> applicublc luw may spF�tify far reinstatement) before salc of thc Property pursuant to any pnwer of salc 4ontninal nrt,ci�is
<br /> -- - -- Security Instn�m.nt:nr th)enuy of a judgment enforcinQ t!i[�Sexuriry Inr,tr�ment.Those mnditions are thcst�flaower:(a)pays
<br /> -- Lender utl sums whicE�¢hn� would bc due under thta Security Instcument und tFne Note us if no uocelemtiun btnd occumed:(b)
<br /> ` cures:nny def:+ult of any other covenanw or ngreements; (es pays all expen�s incucred in enfo�:ing this Security Instrument,
<br /> ------- lncludin,,x,but not limited t��.masdnst�7e uttorne�+s' fces;und(d)tal:t�surh:utton as L.cndcr m�y rcasonubly rcxjuire ta assure
<br /> —�-- �hat thc lien�3f this Securiry lastn►mrr�Z,I..ender s rights in the Property and Borro�ver's obligution to pay the sums st�cu�ed b9
<br /> - this Security I(ISINm, entV`h�aln�.��:��cullviceffei�ve as i�f n a¢celernri nt ha ocearced rH wicver.this n'ght to re nsiate sh�ll
<br /> �„���..nu�,.,.........�,-°----
<br /> - - rtot app(y in the�ua of acccl�ration urtder psragraph 17•
<br /> �� = 19.Sule of Note; Change o! Loan Servicer• 1'he Note or a Qartial interest in the Nnie (to�ether witl� this 8�curity
<br /> ----- Instn�ment)may be sold one or more timvs without prior nalice to I3orrower.A sa�e m:iy result in�chungo in the cniiry(knotvn
<br /> `-� ns thc"Loan 5crvlcer">tfiat collects monchty payments due u»der the No1e and this Secunty[�tstniment.T�e�+e�s�maf�'�
<br /> _�;`o,�;;,� or rnnrc chanIIes of the Loan Servicer unrelnted to A sale of theh l4 uhnvc nndiappl c�ble l�v�lThc ot ceNVi{I statc the name und
<br /> _-_��;�y� given wdtter�r.ot�ce uf the chan��e in�coordsutc�e�yith P�i1�P
<br />
|