|
.. ... .�;�.�.:� ::y:?����� . t. f3°c ' ..
<br /> rits;;'s'>�'1�,.:r;�(3 .. ._ :�;�'• , „
<br /> ,�;ti;J��• � . . .,: s.�:.n.r"
<br /> . -`y.w�wt .. • , , ,, t`�.v�`fF�j��`.'
<br /> ,. ., . .. " :'i.S�l1i
<br /> • :.w�,.:r� � �- ., � _ •� ' . .
<br /> - ,:-+4�br�tl`r.�- .. .. ��� � .. . � ' (,� , .. ' ..r✓•9MW��h'A��'h
<br /> . .... .:i .. . ..
<br /> _ �•_' _"�. --.�._'_
<br /> ^ �
<br /> ' : payments raay ao lon�er be requirect,at the option of Lender, iF mortgage lusueance covcraQe tin thc amount nnd far thc period ____
<br /> ,� � that I.ender requires)provided by aa insnrer approved by Lendet uguin becomes availnble and Is ohtnincd. Borrowcr ehall puy
<br /> the premiuma required�o��mortgage insurancc in effect,or to provide a loas reserve,untll thc rcquirement tur murtIIage ��_
<br /> insurance ends in accordaace w1�h anY wrtccen agceement between Borrower nnd Lender or npplicnble iaw. � F4"
<br /> " �� . g, Inspection.I.ender or ita agent may make reasonable entries upon and iney�.cttons nf thc Frapcny. t.cndcr shall pive � ���
<br /> ^ Borrower notice at the time of or prtor to an insgection sgsclfying reasoaablo causo for thc inapcctian. �
<br /> c
<br /> . , . � 6 10. Condemnation. The proceeds of any award or etaim for damages, dite�:t or cuiiReq►�ent{al, lu c+mi�ccticin trlth tu►y � �:-,
<br /> ° coaderanadon ot other teking of any part of the Property,or for conveyance in licu af condemnatiun, aco hcrchy tt�signed and __
<br /> , shall be paid to Leader. �?::_
<br /> � ---=-^• In the event of a total taking of the Property.the pmeceda ehall be apptied to the sums eecured by thix Sicurity Inntrument, -
<br /> �"'�' whether or not then due, with any excess paid to Borrower. In the event of u partial taki�g ot tko P�opGrty In whlch the fpir ��-
<br /> �""°"`��� � market value of the Property immediately before the takiag ia equal to or grcatcr than the am�unt of tho eumn xccured by thiR __-
<br /> mm
<br /> � �' . g��ty Inyuwnent immediately tsefore the taking.wiless Borrower and L,eAder othe�wisa ng�co in wHting,thc euma��succd by .
<br /> th;s Secur(ty Instrument shall be reduced by the amount of tbe pmcee�la multiplied by the fallowinII frnction: (ts) tho total
<br /> � amount of the suma secured immediately before the taking. divtded by(b)the fair mnrkct vulua af tho Praperty immcdintcly
<br /> before the takiug• MY balence shall be paid to Borrower. In the evsnt of a partial takiag of tho Praperty in which tho fnir
<br /> � market valus of the Property lmmedlatelY before tha taking is less than the amouat of the sums seaured immedlately bcforo tho
<br /> � �a� �g��iBSS guttower and Lender otheiwise agree in writin8 or unlosa applicable law othenviae providea.tho procecds shnll
<br /> �n�E:y. _
<br /> ;ti� - tse applied ta the sums secured by this Securlty Inatrumenc whether or not the sums are then due.
<br /> •`'��• If t�e groperty is abandoned by Borrower.or if,after notice by Lender w Honower that the condemnor offcrs to muha u�►
<br /> � �' ' awazd or setde a claim for damages. Borrower fails to respond to I.eader withiu 30 days after the date the notic�!s Aiven,
<br /> � � Lender is authorized w collecc and apply the procceds,at ita option.either ta restoration or repair of the Proporty or to tho sums
<br /> F.�r s�uced by,this Securiry Instrument,whether or aot then dae.
<br /> r,��?.�, . (Inless I.ender and Borrower otherwise agree ln wrlting, enY aPPlicadon of proceeda to princiQal ehall not oxtend ar
<br /> �t{'�''�' �' postpone the due date of the monthly payments referred to in paragraphs 1 aad 2 or change the amount of auch puymonts.
<br /> . .�'� � 11.Borrower Not lteteased;Forbearnnce BY Lender Not a Wetver.Bateaslon of the time for payment or modificnHon
<br /> � of amordzation of the suma s�ur�by this S�urity Iastnunent granted by Lendcr to any successor ia interest oY Horrower ehnll
<br /> -- �.�,,�, not ope�ate to release t�e Uability of the originai Bo:cower or Borrower's successors in interest.Lender ehall aot be requlrcd to
<br /> ., ,,.. commence proce�ings against any successor in interest or refi�se to extend time for payment or otherwiae modify araortlzutton
<br /> ' �",�=�� of�he sums se�ured bY this Secudty Iascru�ent by reason of any damand made by the orlginal Bonower or 0orrower'e
<br /> � '. successora ia interest. Any forbearancx by I.ender in exercisiag any right or remuiy shaii u�t�o zvalz�r af as prxlttde the
<br /> :�,-.:..:' `= eaercise of azry dght or remedy.
<br />�.,. .:,, .,. .� 12. Sueces�sors and�l�stgns Bound;Joint and 3everal Liab➢lltyi ��ers. '!he covenuats aud ogreeraents of thie
<br /> ��.:_:;:.�.�:! •
<br /> - ..,� a.::,;: • � ��it�,lnst�mers shaU bind end benefit the successors �md assigns of I,eader aad Borrower. subject to the proviaions o
<br /> �_,_._;, .c:�.�: � .
<br /> , paragaph 17. Borrower s covenants and agreements shall be joint and several. Aay Borrower who caslgna thls Stcurity
<br />.�i�:,''??�. Instcument but does not execute the Note: (a) is co-sigaiag th4s Security Insuvment orily to mortgage.gtaut uad convey thal
<br /> '�"°�:."`�. Borrov�rer's intereat in the Property under the terms of thla 5ecurlty Insuuinent:(b)is not personally obUgated to pay the suma
<br /> .;T` j�z �red by th;a Secudty Instrument;and(c)agrees that 1,eader and any other Horcower may agree to extend,raodify.forbenr or
<br /> =�'�`�'�?�'y` �any aacommodations with regard to the terma of thia Securiry Insuumeat or the Note withuut that Borcowet's coasent.
<br /> °�:�:✓:°.�r 13.EAan Cha�ges.If the loan secured by tbia Securlry Instrument ia subject w a law which e,:ta mnuimum loan charges,
<br />=�=;#-���•a and that law is finallY iaterPreted s°tha�the interest or other loan c.harges cellected or to be wllected in connecNon with tho
<br /> ' °��'°�' loan exce�d the permitted limits�then:(a>az►Y such loan charge shaU be nduccd by the amoant necessary to roduce tbo chargo
<br /> -_J�'�' to the perrnitted 11mit:and N)anY$ums�1�db COu��'°ID�OnOwer which exceeded per�nitted limita wili be raNnded to
<br /> -�� Borrower. Leader may choase r►o make thia refund by reducing the prindpal owed under the Idote or by making e dimct
<br /> _._.,r��� pa�ent to Borrower. If a refuttd reduces princIPal, the reducdon will be treated as a partial prepaymeat without any
<br /> P�PaY����r the Note.
<br /> --- -_- 14.Nottces.Any notice w Borrower provided for in this Secudty Ipsuumen�bhaii�gtv��y dclt�erlag ii ar!sy�!!!ag -
<br /> ---""�='���"'= it by ti�st class ma�1 wdess aPPU�Ie law require,s use of aaother method.The aotice shall ba dirceced to the Propsrty Address
<br /> -- "��' or aay ather address Borrower desigaates by notice W L�eader. Any notice to Leuder shall be given by flrst cla�s matl to
<br /> =—"�':`:.�~� i�ender�s address atated herein or any other adciress LBnder desi8nates bY notice to Bormwer. Aay aodce provided for in this
<br /> � -- -T��' ��rity Ia°t:umeai shall be e�e�me�l to have been given to Borrower or l.ender when gtven as provided ia�r�a��g:�►;i.
<br /> A.,��_��� �5.Goop�ni�g Law; SeverabWty. This Sec.u�ty Instsument shall be governed by foderal law and the inw of the
<br /> - - --_= jurisdicdon in which the T�mperty is locazed. Ia the eveat that any pmvision or clause of thia Secudty Insuument or ehe Note
<br /> -=��"�"� confi;cts with applicable law,such conflict shall not affect other provistons of this Securlty Inam�ment or the Noto whicb can bo
<br /> w
<br /> ::�---:�:�,M ` given effect wlthout the conflictin$Provision.To this end the provisions of this Securlry Insuument and the Note are declared
<br />-'4 r-c'•bF',�''. to be severabie.
<br /> . :.�°.�." . 16,go�ower,s Copy.Borrower shall he�iven oae conformed cqpy of the Note and of this�cudty Inatnun�nt.
<br /> - _ � _ +,,�, �orm soao sreo
<br /> -- -^= '��?�}rt�y;#� Pape�ot 8 INpefa�
<br /> � � • -ORtNEI in�z.00
<br /> _ �,�i;j;i. •"�: ��
<br /> ��� . '.�!'''i�i;l:�' .`�, � ��:
<br /> " , '��':
<br /> _. 2.:
<br /> :.. .... --
<br /> Y ' . � • '' a: . _.__'- ... __�¢�c�v'.
<br /> ..
<br /> � .._.__ . .��_._�—_'_—_' _ __i-.. t�:s_..__- ___._..._._._ .__-_--___ _ _'._.' ..'_ __-_.___-.- _.__ ___ .._.-_-_ -. ._ -.__— y'�' ..II1M�'w�!AS�R�'____
<br /> . ,,.._,,,y.,,, ,�„ .—.—_ . ,.�_,� l,'i .� .____.______—__'_- ' _- - ____._._ . .. , .-,. ._ ._-..--- _- , _ s
<br /> :.�f'', i..� , . "� .',r,.� . � _ � T . ' . ^ _ ._' . r�� . �5� �y� _.
<br /> � : � "•`��`�, . " _ ,'. . . �. . .:�.�R��;:,;.
<br /> • ' _ „ " . �� , ; . , _v`_-
<br /> . � , :� .. �;�
<br /> • �.� ° .. , o ��, ' ' , G ! „ , � � � ,.,�'.
<br />_ , `;;' . , , ,. , , , ., , , o . . ..
<br /> . , ". ' ' .' v - . . . .
<br /> -_ ' - . .- ...4'' . y'' . .
<br /> ._ ,_. ."__ - .—. �_ . ; _ _ .. T_.-. ___ �'_ '__._.— .. ,,, :�frh. `7 -•-_y„";.-'� ;'- " .' -'-
<br /> . �� � . �, ' � �' • , .. . . � ��' j • ` � ., • = .
<br /> _ -fC � s�� t i,
<br /> � , r . , . 'Y��+S-'i,t:-:f�.`'�r .
<br /> ,� � • � ,1C+i,.:�`;,E�: , . -. . : � �5`'s
<br /> Y" - ' • : . �. - . .. _ . . ' � ,- �...����..«:�"..--1��----
<br />
|