|
.r � rv .1jS�;'H%!1"r1'�i.;� . , � . ;-�' __
<br /> � •�'���� �`�1 �� ii'd'�` o c`�'�:� . -
<br /> � �` Y` .. ._ - ."S'�I��i�4
<br /> ,
<br /> , . ... . .- -. __ __ . __ ...
<br /> —�� __
<br /> _- ,' ��/r -'
<br /> .. substamially equivdeat moctgAgo insuranoe oover�go i�nat�wllable�Bormwe�shwllp�y to t.rnder esch month�sum oyu�l 1a
<br /> one�twelflb of the yeu!y mon�c i�curanoe pranlum bdo�Mid by B�mnwer wiA�n the in�ur�noe cover�a Irp�ad or oe�s�ed to
<br /> . bo in e�'act.l�endcr will�coepl.ute+�nd oauin tfipe w •Ic►� rEkerve in liau of mnrt�a�e imu�. l.au �otve
<br /> - - - — p�ymaqs mry na lon4cr benoquirod.�t tbe aplian a l+an�ler.iP r o inwranco oaver�e(in lhc Amaunt and far tho periad
<br /> ' IiW t.aidor roquire+l Provided by sn inwror�pproMad h'i't.�rnde��bocomrs wdl�ble�rd is abtainal. Bon�orwa�rtull pry `
<br />____ _ _�__-��_��� �����[o mainu�in aan�e faw�toe in effoct.or w pravide�laa raarve.unii�ia ra�nni��+�i iw u.niwq�e
<br /> imurarioe ads in�oondmoa with my w�ina�a�r�nent baween Borrower and I.cndcr M applka!►le I�w.
<br /> ` f. �.I.e�nder or lu�antmry m�ka ro�xx�bic ontda�upun and inspoction�ai the Pr+aperty.I.endrr�hdl Sive
<br /> _ � � Boetower notioe u tho time af ur prior to an inipe��tion cpocifyinO rca�atwble cauFe for�ho impec�i�n.
<br /> = u
<br /> !!. C�.The prane�ed�oi aay award nt cWm for d�r�uge9. diroct or aHU�oqucnUd. in canoeellon with�ny --
<br /> -�;"� condemn�lion ar other tpklnp oi my+pwt of the Pwperty.or fa�ranvoyanca in Ilw af onnden�tlan.aro horeby ac�ianed ab
<br /> � - �lull bo p�W to l.cTMier. �
<br /> In tho event af a toul taking of Iha P+operty,the proccods eholl be upplied ta�ho wms�xvrod by�his Sacu�ity lnw�ument.
<br /> whaher or not thcn duc,wi�h a�ry exc�p�id �0 8omawer. In tha ovent of A paniul �aking af the Property in which Iha fai�
<br />°":r�:''� o or �ater Ihpn the amiwot of Ihe wa�sxurod b thiR
<br />-�. be ore Ihe lokln ia t g Y
<br /> � ... nwrkd v�lue of the immediatelq f B �
<br /> -����y��y� Sav�ity Inunument im�media ely bcforc thc tnkiog,unless Borrower and Lcnder othervviso agroe In wdlin�.tho sums ixurod by
<br /> ----_=,��r;�_.,�� lhis Security Insl�ument shall bo roducod by the amount of tha prooeeda muUipliod by tha fallawing fiaction: (al the towl
<br /> �,,. -- ; �-.�-, �mount af the sums se�,v�ed immodiatcly bcfore Ihe takiog.divldod by (b) Ihe fai�muket valuc af the Pmperty immediqtely --
<br /> �� bcfore the taking. M}r b�ir�noc sfa�ll be paid to 8orrowe�. Ia the cvent of u purtiul tuking of thc Pmperty in whkh tbo f�ir
<br /> �- _:�?.�:::�'"'� market v�lue of theprop�ty munodiatcly befarc the toking is less thon the ammouM of the sums secured imanodiately befa+a�Ae
<br /> ,��,_�,,.;Y� ou
<br /> — i.:-� ., wking,unlest Bon�u�rer aod lender athenvise ngrce in wridng or unless applicabk law otherwice provides.the p�rucoods sf�M
<br />,�� ��: be�p lied w the sums searod by lhis Sxurity[nsttumed vrhdher or not the aums ane tl►en duo. _
<br /> - �r�,,�, if the PrapertY is;�bwdoned by Bomower,ar if,after notioe by L�t�dcr to Borrower that�he�d�nnOr otFers to m�ke an
<br /> ���� awa�d or sdtk a claim for d�wges. Borrower fails Io respo�d to l�der wi�hio 30 daya ufter the date the notia is givrn.
<br />� ��������`�',: Lender is�uthoriza!to colloct and apply the p�bals,at its option.eilher w rostoration or rcp�ir oi 1he Prope�ty or to the wms
<br /> _, ,•:. , . �ecmod by Ihis Secudty lasnumem.whether or�wt then due. _
<br /> --- — y . l►nkss L•rdrr�i R�umwer aherwise a�ee ln wri�ng. any application of pruccals tu princ� �ha11 ��xtend o� . • . �
<br /> ;��• ,.• poctpone�due date of the momhly PaYments a�6'ecred to ia p�r w s 1 and 2 or change the amount of s�x1�payatta�as. ,
<br /> � ��',''' ll,RoR+o�a�Not Relarced:Forbwrancr�i.ender r A dra�.E�ctension of the dme fot�pqytnent or.ma�ifkation ��.� .
<br /> . ,�,.,..,.• ,
<br /> � ' of amoniuuion of the sums sece.oced by this Sdcusi��a•imtrument grante�by[.ender to xnp wccessor in intercst of&��ro�wtr shall
<br /> =",�.�y. 1 ��•.%�,�,:; not aperate to rclease the liablliu���"ahe odginal Borrower ot Bomower's successors i�:im:E.rsst. Lencler slwll not be r�sguired to
<br /> , commence proc�edi�gF against any suaxssor in interest or refuse ta eatend time Por p�Ynknt or otherwise modify nmortizatlon
<br />��;,��,`ti,� '��; of 1he sums sec¢rad[r�� this Security Instrument by neason of any demand made by the original Borrower or Borrower's
<br /> -.,..,...,.r
<br /> - ;:;;,_;i , 't� ,� .y. . .. t �.,:. successora in inter�st. :1ny forbewance by l.ender in exercising any riglu�x remody alwll not be a wpiver of or prx
<br />'';;;',���,� . .•�. ',• _ . eaercise of any righ[or remedy. � �
<br />-"_-"'� ',:,;...� lt. Suooa�so�'s�td Assi�� Boundi Joipt and Several Llability, <Co-stg�ers. The rnvenonts and agreements of thia...�.
<br />--������. ,.�'�`'�:'k:�:'..:°`�'' Secu�ity Insuument:;ltall bind und benefit the successors end assigns of 0..eader and Borrower. subJect to the provisions oP
<br /> ;. • para Btaph !7. BorrdwcY.s cavenants and ag►ecments shall 6e joint and�scveral. Any Borrawer who co-signs this Secudty. ;��...
<br /> :,r, ;;
<br />-: ..: � , , nstrument but doec no1 ex�cute the Nate: (a) is co-si ning this Serurity l�es�rumen►only to manga�e,gcant and rnnvey thqt . ,.
<br />_� � "��t��'����?`;:z-' Bomower's interou in tl�t�Pn�pehy under the t�r�ot8his Secunty Instrua�em:ib)is nM persop�ig n�'t+iigutai Iu�wy ti�i�uunr;
<br /> ,,, �.q,; �-= securod by Ih�s 5ecuo��v in.v�au�ne+�:w�d(c)age�.«that Le►�der and any olhcs 8isrrowCr muy sfgree to extead.madi yf .forbear or,� . -
<br /> _ ��'� '`'';` '� make uny socommadatio�with regArd to the terms af this Securiry Instrumem or the i�ote without that•8orrower's consent. �
<br /> .. .��-..: �=:� :
<br /> ' ` !�-.•i� 13. l.a�n Clwrgrs.I�th� I.►an secured by thiR Se�:u�ity Instniment is subject to a I�w which sets m�cimum loan charges.
<br /> �• a"�.�•:��.ti rud ttwt law is finelly ir+ter�mt�e�sd�hat t�e inter�est ur ather loen charges collected or to be collected in oonnoction with the :, •-,
<br /> �.���•"`�'• " luxn esu�d the prat�itzrJ iimita.U�en: (al�u�y such luan charge�+hell be re�luced by the sunaunt suy ta reduce the eharge ' �.
<br />._.:� ' •,v• to the permitted liireit: wd (b)any sums alrcady collected from Borrower wfich excceded permiq�imits will be refundod t0 '.'
<br />,�- .,�,`: ,{�;';,� Borrower. L,etaier may choose to make this refunJ by reducing the pMa�cipal owod under the Note or by malcing a dir�ect
<br />_�{�lyt4'.,' �� paYment to Banower. If a.refund reduces principal, the reduction will be treated au a partial prepayment wilhout any• ' ��
<br /> " prepayment charge under the Nwc.
<br /> , , ' •' s�' k ` 14.Notices. Aoy naice tu Borrower prov ided for in this Security Instn�ment,hall be given by delivering it c�r by mniOBag
<br />.�._�.�";; {; �, ti�+J� > >,.,, hal. �nY �'_
<br /> � i,,p �,)� , it by first class macl wmless�ppliceble Iaw rcquires use of another met The notice shall be directed to the P Address
<br /> � }� ¢, •; t� �, ..s•{y�tij�,. ,
<br /> f , � �....,,�,,�tj; it , or any other address Borrower designates by notice to l.ender. Any notice �o l.ender shall be gi�ca�bv firs� class muil to �-,�-,
<br /> -f''�� '�'�.`��°%}i� �'` '3�"' l,ender s add�a stACed herefn ar Any other uddress Lender designutes by notice to Born►wer. Any novio: provlded for in this .�•�;
<br />_ *.f:k •'t�.� j.5�;��,�j;��l ', ,
<br /> , ,it ,.,��•;�, Sacudty Instrument sp�ll be dcemed ta huve been given to Bnrrower or I.cndcr when giv�n as pmvidecf ir.�his paru�repfi. ,; ���
<br /> _�',u . �t ;�d�''����;�1" l5.Coverning I.sw� Severabllity. This Security Instrument shull be governed by federol law and thc IAw•of Ihe �'
<br />--;:';�` a.�".��'� �'` '• �� jur�sdiciion in which the Property ls located. In the event that any pmvision or clnust nf this Security lnstrumtna or tt�e Nate
<br />-��-.�•r!�' • rnnflicts wilh npplicable Itw,such conflict shall not uffect n�her prnvisions of thix Security Inswment or the Notc which ean t+e �.
<br /> y.r• �`:-•}bL.i.� �
<br />�f{;:1�1�. —�-
<br />^�'?E�'';' ; �'`.. ' .. given effect without U�e contlicting provision. To this end the pmvisians oP this Security Instrument wid the Note am declarerl `
<br />• ���.. �,,�,:...:.: r=;
<br />-�;`;, �,., to be scvemble. �
<br /> . 4 16.Borrowe�'s Copy.Borrower shull be given nne conformod copy of the NiKe and of this Security Instrumem.
<br />��;�°�r'� �jt,.�," �..
<br />.�:;;w�`� �,'� '`�'. . ' l7.Transfer of the Property ur�Beneficlnl Inlerest in Barrower.If ull or:uiy p•ert of�he Property ar any intereu ia it
<br /> .p",•`•`;�•'�' - �,
<br />�:.�;j�•�,� . � �'�« is sold or transfemed(or if a beneficiul intcrcst in Bormwer i,u►Id nr trnavferred and Bomnwer is not a nuturol person>withaue
<br />._�n�. y,�. �• '.': � ��: :
<br /> �>,,, ;��;..;; ,� Lender's prior w�itten consenl, I.ender may, at i�s option, requirc immediate puyment in full af ull sums secured by thi.
<br />'°ir?+'�1';, .�.,,':�` , ' ' Securiry Instrument.However,this option shall not be excrcised by Lendcr i(exercise is prohibite�i hy federul low a�uf the Jutr �-
<br /> .'�f",`'' '• • of thie 5ecurft Insaument. �'�
<br /> �: ,.: '��.;:�$;;,.;�;`.:��,';; y �.
<br />,'� lf L.ender exercises�his nption, LenJer�hull give&irmwer ni�tice of ucceleru�ion.'1'he rwnice shnll pmvide u pericid of n��t
<br />�'3�M.�,.''� '4 ' ' , less than 30 duys from Ihe dute Ihe notice i� deli��eral ur nwiletil withi�i �vhich &irr�nver mu�t pay all sums secured by lhis
<br />-_�,:r�. •. ' • Security Instrument. If Bnrrowcr faik a�puy thcs�wm�pri��r�i►Ihe expir�uiun uf Ihis�xriixl.LrnJcr muy inv��ke�ny remeJie� �'i.�
<br />;-^_;y�`��'r. '� �',.`�� _ ° —°
<br /> ,.1. .r .. ���' pCRt1�IlCO b)'lhiS�CCUflI)'IDSIfi![1MOl N'1llti�Ul IUfINI'��U�ti�r�►r d��mnnJ„n Hnrn►wcr. _
<br />,,.„`�,,,�, '�.T •..T : .;t, IS. Butrmscr's RIRht tn Rcinctele. If &►rru�rer mcet� renuin c�+nJitiun.. I3urmwcr +hull hnvc thc right tu haae
<br /> � '. enforcemm�t of thi+Sacurity In,trumcut Jitirotiiinu��l u� uny tiiur priar a, �hr rarlicr af: �u�S Jay. wr .urh athcr p�ri�xl u.
<br />' � "TM' ' applicuble law rrwy specify for reinxwten�ent) heli�re �ule of the Property punuunt w �ny puw•er of wle contained in this '
<br /> ;� � � • Security In�tniment;or Ib►cntry of u juJgment enl'oRing thiti Sixurity In�trument.'fho�c rondition+ure thut Bc�rn►wer: lal pays
<br /> ' L.etxler all sums which then would he due undrr thi.S��:urit�� Instrument and thc Nrne a�if M► :rccrlerutinn huJ�kcurral: (b) �,�
<br /> w �• �;` �``� ' cures any defuul: c►f uny�ither �y�v�nant�ar aFnrn�ents• Icl p•ry. all cx�em�w inrurr�rl in �nfiirring this S�tiurity Instrmnent, �
<br /> ,. . �:•;.,:.:. . �`,;
<br /> , � � ' .. u,�,�, ineluding,but ni�t IimileJ tc�,rwuin•rble au��mry+' f��e�:aiui �J1 wke. .urh ucliun a. L�ndrr nwy rea+�mubly myuirc tu o..ure
<br /> ,.�.. tlw� the lien of�his Security In.tronknt. Lc�xler'+,ri�h��in the Pro�xrt}•nnd &�rrnacr'.ubliFa�i�m tu puy thc �um�.�tiun�l by �
<br /> .�`�' : ��.''r � � �' this Sccuriry Inxttumcnl .hull rominuc muhm�g��. Upm nin.wirm�nt hy I��rruwcr. Ihi. S�turity In.�rumcnt anJ thc
<br />�s:► �iaisi����� obligations.r�tiunYi hereby .hull rcmain fully et'I�wtive�.il na urrclerutiun hixl�xcurr�d. N.�wevcr. thi�righ� ro rcimwtc�hull �
<br /> ' -�,� +.�> � �� m►�apply in thc casc af:k�tilcrati�m unJrr para�ruph 17.
<br /> . � 19. Snle oP Note: Chw�Re of I.�n ticn•h�er. The Nutr ur u puhiul intcre+t in Ihr 4nlr �I��gelh�r with thi. S��urit} �'
<br /> �, � � In+trumentl muy Ix�wW anc nr mnrc umr,withuut pri���nuticc�a Burrua•cr. .4 wk nwp nwll m•r changr in Ihr rntily Ikiwiww
<br /> � ?; ''" . s�� o a s t h e'L c w n S c n�i r c r")t h u t a d l�ti t r m o n t h l�•p-r y m r m.d u c u n J c r t h c N��i c���d t h i.S��.u r i�. I n�t r u m c n t. T h c n u l W,m u y t k a rs� �'
<br /> � . . ur more change+uf thc Luun Serviccr un�claad w a wlc af thr No�c.II'thcrr i.a ch:m�c uf thc l.�►an ticn ircr. HurruNCr w�!!Ek , .
<br /> B
<br /> . 'r ''�..�•'.' , given writlen notire of the chrnge in urcunluix<<vith paro�ruph 14•rlx�vr anJ•rpplic•rb�l'IJN.TIIC IHtUC��►'II)�lUll'tI1C t4701C�Ik�
<br /> �.`;': . . , aJdress of�hc new l��un Servircr unJ thc u�kln�� a�whirh puynknu +h�►u1J Ix I11�C. Thl` IM�III'l`N'III JIW l'/1tN;110 Jtl} aNhCP � ,
<br /> � ; •.�..,�: infurn�r�ion r+equircd by applkaMc luw.
<br /> ' � 20. Ilaaardoas Suhstances. k3��rn�a�cr ,huU nui �uu,c ui �ximit tl►c pre�cucr. u.c. Ji.��.al, ,IuraEr. ur rcl�a.r u1 ar� i
<br /> ,•; ,1 �r,.' ;:1,,�� Har.�rdw� Subtiwmti�s .m .x in thr Pn��ny. Burn���•cr .hull nut Ju. nur JII1�N' :1111'011l' rl�r tu Ju. um•Ihing rl(�tiling tti� ,
<br /> " �''!� Pr�,neay tl�t is in�x�l�tiun ue'any Envimmi�mul la�v. Thr prcc��ling t��u .cntcnrr..liall iNn apply a�the par.n.e. uk. ��r , ,
<br />'�" �` a �, '��;°""� st.*rz��e on the PmpeAy ��t.m:j91�,uantitics uf NuinrJou+Sub.wn��thut are generully re�ti•�tnitcJ�a Im npprupnat�ta n��rmal :
<br /> '' �,rt " re.r�tul uses and to m�inte+�ax of�he Pmp�rty. ':�.i;:
<br /> i� r,' r • -. . �::�
<br /> . ' ,�, .. ' .,,, , + fam 3f�a^8 9� �1
<br /> , �± ,i
<br /> I�
<br /> _� -- - --
<br />
|