|
-�:;�,; ;,;, . . . �-;:
<br /> =, - , ..�;�.. �;.� ;,..� .
<br /> �,c �„ , , .•4�#'�": .. , ;
<br /> '� ~� ,.. •�'�`:�•� '.+.. ,,
<br /> . . .. ..
<br /> • � . _______.
<br /> �"" ' .�v - - - - - _- -
<br /> • .-- - -.
<br />_ -�:��.:L--�..�,��.�i 93= �I���q,� _ _ -
<br /> pymenss may no Innger be requirod,at thc ap�ion of I..andGr,if mongAge insumncc cmeraQe Iin�he w�cwM and for the pedad
<br /> _- -�� Qud Lei�r reyuin.w)providad by an insurcr approved by Lcnder aguin become4 uvuilable�utd is oh�aine�l. Bonawer shall pay --
<br />- --- - - : _---- - Ihe f+rcmiuma rcquircd tn meinu�in martgagc imwran�e M efkct,or�o pmvide e InFa reAerve.until the requiroment formc+Agwge �_
<br /> inw�ance endx In aa:o�dar�a wilh��y w�itten agreement bctwecn Horrower and I.cnder or upplicable law. �
<br /> 9. InApecUon. L,ender or its agent may make rcar�,nuble entries upan and ineperctions af Ihe Propchy. L.ender�hall�ive
<br /> pecU p c
<br /> � Borruwer noticc at the time of ar pr�or to un inspection�pecifying re�sonuble cause fa�the inspectiun.
<br /> 10. CondentnatWa. The procads of any awArd or cluim for dwnag�,direct n�rnnsequentiul, in connection with any `�-.
<br /> ' rnndcmnWMn or aher tolcin� of any pa�1 of�he Pn�pehy,or for conveynnce in lieu of condemnution, nrc hereby�:signed and _=
<br /> =� ►Iwll bc p•riJ to Lctxkr. �`�
<br /> -<<: ,�,� ,,� �_!:
<br /> In tha event of a tdal wking uf�he Prc�peRy.�he pmceeds shall be applied to the sums secured by�hIF Securi�y Ioslrun�ent, �
<br /> whether or nat then due, wlth any eacess paid tu Bnnawer. In the event af a paninl �aking��f the Aropeny in whicb the fair ,,
<br /> - rtwrket value of the Propeny Immedietely before Ihe tuking is equul to or grcater�hon thc artu�um of the wms secu�al by�his �''-'
<br /> _�'''' �,:.,.a�r. ...
<br /> -�°,,;�� ,„ Secu�l�y Insaument immediately befare the toking,unles�Bormwer and Lender atherwitie agree in writing,the sums socur�d by }�.
<br /> .'Y.Ri. e/..�.1� :r �
<br /> _.��..�.;;�,.,,: : this Security InurumeM �hall be reduced by the nmount of the procee�is multiplied by the fullowing f'rac�iun: lal ihe taal ' -
<br /> .�-:,t,-,�. .. �. '�F
<br /> _�, t+m�wnt of the sums s�ecured lmmediately befare�he It�ing,Jivided by (b) the fair murket vulur �f thr Praprny immecliately �t�
<br /> —'. �'�r.�rr•?�+;� b e faire t h e t a ki An 6 a lance s hu l l b e a i d to B arrawe�, In the event of A '�'"'
<br /> :���,.� � �• y p partiAl �uking af the Prc►peny in which Ihe fai� -
<br /> -_� �'�:�.,'-,1' marke��ah�e of the Property fmmediwely before the taking is lesy tiwn the:uraunt of the sums secured lmn�ediately before the n=-%�"
<br />,�E4'� aaking,uoless Bam►we�xad L.ender aherwise agree in writi�g or unle�s applK•al�te IAw otherwise provides.�he pro�ceN+�hall '�'���
<br /> s. � _,,,:.
<br />_,_i;:'., `••� ; *�.� ' be applied to thc sums sccured by this Security Instrument w•hNther or not Ihe xwr��s are then due. ��_
<br /> - :�•� If the P�roperiy��ahandosud by Bonower,a�if,uftcr noti�.�fi�t lhatdt�t��rrower that the condemnar offers to rtw�e un �__-
<br />:;�.,._„ award or s�:t�le A cladao�fiu d:unages, Borrower fai1.ta m��,�n,i Kcr Len,9e� aiahin 30 days after the ds►te the notice is ci�•en. �=
<br />'�::_`-;; t� Lender ls aulQn�rdt�ecl a�collect and upply the procecvl..:�its c�..i�uo.eiuher i,�rr>,:�-„i�n��r repair of the Property or ta�he wms �:o:_
<br /> �;!;,,�. �� s�:ured by 1Qii�Scc�ro¢c In;trumertl, whether or nM t�e�o dae. --
<br /> _ � Unless �.era9cr un,! BarPOwer otherwise ngree in writing, any application of procceds to principul shnll nat extcae.��r
<br /> ,,. � ..� �
<br /> • �`:`�� �;'',,;�:�K postpone ntw•due date of the monthly payments refernKl to in palagraphs I smd 2 or change the umount of such paymerns. .'"'
<br /> • ,�ii;;,. ,.. U. �ikarrower Not Rekased;Forbearance By I.et��ltr Nai�► 11'aiver. Bxtentiion oP the time for payment or modifi��utiun ���-
<br /> �;t�+�,� � of umonlzation of the sums secured by this Securiry ]aa��rument grnnted by L.ender to any wccessor in interest of Borcower shall �
<br /> ''.�:;, ;:�.
<br />_ -,:.,'�.,;� ;:,..;; nat opea►te to release the liabili�y of�he orisinal Borrowei or Borruwer's successors in interest. L.ender shall not be roquired to `
<br />- . ;.:� ��; •.��.
<br />__ .• . a commence pr+nccedings against any successor in interest or refure to extend time for payment or ather�:�itie madify amonization ,
<br /> � of the sums :�eecured b this Securit Instrumeni b reason of un demand made b the ori mal Bomawer or Bonow�e�s '`"^
<br />=- �•�;�� � Y Y Y Y �' B� .
<br />_°�. '�-� ; Q �• � successors i� iMerest. Any farbearance by L.ender in exercising un� right o�remedy shall not be a waiver of or precludr Ihe '�
<br /> " _ exercise of a�y�ripht.�r remedy. _'=�.
<br />___-���- ---° --� 12. Sui�e.ccors arid AssiRns lfound; Jofnt and Several [.iability: Casi�qers. The covenunts nnd ngreemenK of this --�-_•
<br /> "' ��''-`T""— Socurlry lnar�ment ,hall bind nnd benrfit the �uccr_ssnrs und assigns uf Lera.•- and Borrower, subJect to �h� provisians of `
<br /> ;��` �rt„`�fi' � : paragrapih 17. Borrower's covenants und agreementc ,hall l+�e jnam nnd gevcrnl. Any Bonower wha c��-�igns this 5erurirt•, ��- -'
<br /> • ; ,. :.� Instrumc:m�t fiv,t does nrn execute the Nnte:lu> is ca-signing thi:.Securit}• ln:trurrxnt anly t1�mnngage, granl t�d cs+r�vey ,hat �}.�_-=''
<br /> � _�� �` ttorr�,uce'.;nt�r"i fu the PraNrny unJer�hc�crms of�hi,Secur�ty� 7nstrument: (�t�)is na personally oblig.�ecl�to pav the �um.,
<br /> �'�:-,-
<br /> � '''�}, 'x- �� secured h}this Secu�ity In�rrurnent:an�l Ic)aFrees tha�Lender und uny a�her�orr��wer may agree to exte�ti�9. madify, tarbe�ar or R�.
<br /> . ;,'.� ,� �'`-.' make nny uccommodnti�ms with regard�o the tcrtnsnf�hi,Scruri�}•lnstrument nr ihe Nrne without that Borrnwer'.ean,ent. - -
<br /> `" ;�'vc�drx�;._'
<br />-_.: . ���:., � •� �� 13. I�wta�Clw�es.If th�loan.ecun�l by �hiti Serurity In�tTwmem i.suhject w u law which sets rnnximum lonn c4.ia�rs.
<br /> :�, ,; ,� pnd tlw� lau• iti finally imerpretal tiu ihat thc inter�t or ixher loun rhnrg:s c��llected or to be collected i��connectiora wich the �°^'
<br /> _ � ` E.::,.�
<br />�,"°" �'"';`= •'�+•' Ic►an exceed�hr permiaed limits,then:Iul uny�ueh loan churgr.hall he reducnl by the amount neceswry tn reduce the::�:;arge -
<br /> �}T.h ,�..{,��'` r.. .
<br /> �_,;, ,.;;,�+,� , ��:� to the permitte�d limit; a�c1 (MI any ,umz ulrr:uly mllc�;teJ fr��m Borruucr uhi�h cxccuded permiu��i limita u•ill be refunti��d to
<br /> «- , ` Y' �'> � Burrower. Lender ma� nc�x►se In makc thi, ..•fund b�• rrJucing the prinripa! uw�K1 undcr �hc Note or by making a direct �°'
<br />''�'• � '�'��` � payment to Borrower. If a rcfurui rc�iuc�e� principal, thc reducai��n will tx tre�teJ u, a ,utiul re
<br /> �,..•,. :�' : .�{w P' P P+�Yment withoud any ,.;:,-.:�
<br /> � .._.
<br /> :,,�;•. �-.
<br /> .. .v �,{' prepayment char ge under the NcHe.
<br />_.�j: . { =�` '• • ' � 14. 1Mkes. Any notire tu&�rrowcr pr�ivideJ for in�hir.Sccuriq�Imtrument.hrll t►c gi�rn hy delivering it or by mailing
<br />-== �' ',..�� .:"_."'�'�,'
<br />__, •� � . V� �,,P;;�;��� it by fint cla+ti muil unlc�� applkublc law myuirr+u�c of ani�thcr mcthai. Thr���z�icr,h•rll tx JiraKCd ta tCk Propeny Addre�s
<br /> . „ �r any other addre�x Borcuwer designutc� by nnl�.r t�, Lcnder. Any nntirr t�• Lender .h•rll lx gi�•en by �rrct class ma61 to .
<br /> '�, �. ,. l.ender's adJrr++ �lalec)herein or•rny�ither aJJre�s Lesder derignai�w b�• nuti�c �o &�rnn���c Any noti�r provideJ fEN in thls �,�'
<br /> 'Y�- ' Securit}•Iv�suument shall b�Jecm�til t��have t�een wen w&,rr��xea or LcnJcr ahen n�n:�+ rovid�•d in thir ara ra .t� �
<br /> '' .� .�;2�,�.R; '`x',S�j"�_ F F� " P p' F T� .. _
<br /> a°�ir; .�„ r.:,� ...,1�t.,5,;_ 1S.Gotierning law; 5even�bility. Thi. Seruri�y In,�nior.rnt +halt hc guvcm�K1 by feJrr•rl law and the lau c�i ihe •
<br /> . },,:� , �:
<br />-��'' •��, ���. ,�,� jurikiictiun in whirh the Pr�ipeny i� Incu��+l. In �he event thai Lny pro�•i.i�m or rlau.�uf thi.S�YUrily In.trument o� the Notc �
<br /> �Y;�'v,'r .•,.; �'r�,:;" conflicts with Applicable luw•.wch c�in0ict�h•rll n�x ufl'ect�►thrr prnvi.ian.�,f�hi,Scruriq•Irotrunknt ur the Note which cun be
<br />„t".;;;:' ;���1'Jlr �. • . gi��en efPe�t without 1hc conllicting provi�ion. Tu�hi.end Ihc pru�•i+inn.��I thi.Srcun�� In,trumrnt unJ thc Nate are 1�c��u�ed
<br /> _••�. '�. . �.K:: , .,',
<br /> � Io be�everahl�e. .-`
<br /> 'P. ..4,.._..
<br /> s�� , . . 1�.�wrower's Capy. Born►w�er.hall t►c giv��n�mr c�mti►rnud r�ry�y of'thc Notr a�xi��t'Ihi.S��urin• In.trumriA. .��
<br />,:��. t
<br />'�'• ' Form 3028 9�80 �
<br /> � ... .. i. ,�
<br /> _ . . y.. . . pp��u�6 .
<br />.. Y 1,•r.� ' :_�..��
<br /> .� :r �:;�:.. _��-_
<br />_ ,r� �,�' . �'--�:
<br /> 1;t . � �'ij:;{;'`;
<br /> _.;*. ;. .. .. '` `,( wYalol�►�74�+.7A :i.,. ;A:9`�1b�iYr,:w.•,wv• .. . . . .. .,�: . ,.��;,ascu,a,,,�•:.,..:.u,1�+�»��p, .�n�„�-�.
<br /> . - �1 '�•.' . � . r,:�r �•.�� .
<br /> . . " . � . .,�rf.f,'� " :'7j� ,
<br /> �� ''a,a_�'��t•�''_��_._ . � ... . . . . � . . . � �_ .
<br /> —..t--�c— -------------=�_-,--,__=-_�.-. .. . .: . . . .. . _ --. . .-
<br /> . `� � ,
<br /> :�.� ff ' .,i.•` \,l ,,�.1 �'�•�:. •
<br />. L� "i• � .° + .
<br /> . . � .� ' �
<br /> • 1�r;7' ir�, . . ^ . ,
<br /> :.-p',.-
<br /> .�- • .
<br /> , ' f �� " , , '
<br />, ; � � -','•:� , . , . � . _.. . .-«.
<br /> � . 1 �
<br /> . ' _""�--
<br /> �
<br />
|