|
� _T. .. ��i�� • , . . ,,1__-�_- .__
<br /> -
<br /> „ . . ._. �._ .. ... .,.._ - _ ._. - -�-
<br /> � �.. .. . —- ._ ...
<br /> --�-------------------
<br /> i..r. ..,. .ur ..�.r •
<br /> 93- io�o�9
<br /> condemnition a a�her Wcin�of a�y p�ut nf�he Proporty�or far conveyrr.ce in Nau oFcw�demiwlon,ue horo�y+wi�ncd Nnd
<br /> �bdl be p�W to l.ender.
<br /> In the event of� toul t�kin�of the Prnperty.the ptoccedR �h�ll be�ppli� �a �hc sums �ocund by Ihie Sccu�lry
<br /> 1n4wmenl.whether a nw�txn due,with any excess pdd�o Sc►rmwcr. 1��hc event of a parti�l t�kinQ of the Propeny in
<br /> which tite 6iir m�rket vdue of thc Property immediwtely beforo tho aking is equwl to or�reater�hm the Amcwnt of tho wma
<br /> aecurod by this 5ecurity Insuvment immcdiutcly bcForo tha lukiog.unlesa Burn�wcr und I.onde�otherwlse a�rco in urcitin�,
<br /> the aumr cocurod I�y thia Socurlly Inrtrument rhall be rcduced by Ihe atnount of thc proceeds multiplied by II►e followin�
<br /> fraclian: (U the total amount of the cums resurcd immodiately 6efore the�uking,divided by(b)�hc iofr market valuc uf!he
<br /> ' ���� P�nperty immediately beParc Iha laking. Any balance chull be paid to Bortower. In �hc event of a patiial teking uf�he
<br /> Property in which the fwir murket valuc of the Property immedEotcty befae the taking iA lesa thon the amaunt of thc�cums
<br /> securcd immediately befaro the tnlcing. unless Bortower and Lender otherwise agrce in wriling or unless opplicAble law
<br /> aixnvise provides,the procreds�iwll be applied to the sums cecured by this Secu�ity Insaument whether or not�he sum:a+e
<br /> then duc.
<br /> If the Ptoperty is abnnd�ned by Bonower,or if,nfter notice by L.ender to Borrower�hat the condemnor offcrs�a make
<br /> on�wurd or settic a claim for domages,Baruwer Pails to respo+id to Lcnder wittiin 3Q days aRer the date thc notke is givcn,
<br /> l.cnder iu�au�horized to collect and apply�he proceeds.at its opaoo,either ca restorwba or repuir of thc Propeny�r to the
<br /> st�ms seru�ed bryr t6�is Secudty Inshument,whett�er or noe tt�eni due.
<br /> Llniess I..roder and Burrower atherwfre�t�ee un writin�,any�►licatiae o�pro�ecds to principul >hail not extend or
<br /> poytpone the d�davr of the monthly paymen[s oefecs¢�ci tv�cn y+�uag�aphs!and�ar chan�e 1he amount a f such payments.
<br /> 1S. Q�rtv�wer i�at Re�ed; Forbearnnce By I.ender Not A VIaA•er. Extcnsit,n af the timr for payme�t or
<br /> mcKiifieAaan v,f anr�itateart d'i dre xumR secured by this Seeurity Instrument granted ay Lender ta uny successar in inter_•st
<br /> - ==•�x�� oi Btivrower�7w11�.y�oper�oo relcasa the liubility of ihe or�ginal Borrower or Bomc+wert suoressots in intcrest,l.ende►
<br />�:�;�;;;:�"'`'� shall not bc�s:q a3se�to commence proceedings ageinst any�uccessor in intere4t or refu.cr ta..x�znd time far ps�yrnnot or _
<br /> °+ :' ,Y:'i��t,';� otherwise madlfy Amortizalbn oi�iie sums secured by this Secudty Instrument by reason af uny demam9 mude by tE�e exiginal
<br /> '��r 8orrower ar Hurrowerk successors in interesi. Any fbrbearance by Lender in exercising uny right ar remed�sAa9G nmt abe�u _
<br /> �'��..'�� waiver of or preclude the exercise of nny right or remedy.
<br /> ,,�f,,F lE. Successora and Assigt�8ound=Joint and Severnl l.fability;CasignersR. The covennnts nnd ngr�eements o1��his
<br />_ '"��' Seeurlty Instrument shall bind und benefit lhe succexsorx and u�signs of Lender�nd Borrower,xubject to the provisions of
<br />-' para�ruph 17. Banower's covenantx und ag�eemenls shnll be joint and �evernl. Any Borrower who co-�igns this Securi�y
<br />`��� Inst�ument 6ut does nat execute the Note: (u)is co-signing this Secu�ity Mstrument only to martgnge,grunt and convey that
<br /> - Bormwcrk interewt in the Properly under the tern�s of this Securlly Insuument; (b)ix�wt per.conaliy obllguted la pAy Ihe sumx
<br /> - secured by this Securiry Insuumenr und(c)ug�+ees that Lender und nny other Borrower rnuy agree�o extend,modify,forbear _
<br /> _ __, ,�� or muke any accommod�tions with �gurd lo Ihe terms uf this Securiry Instn�rnent or the Nae without that Bomnwerl
<br /> :�..�.�;::�
<br />_ � a•. consent.
<br />=�; 13. L,apn Che��es. If'the loan secured by this Secudty Instrumen� is xubjec� to u low which sets muximum lonn
<br /> �V.; charges,and thut iuw�s 6nuiiy interpreted sa titu�Ihe inicrrw�ur uiirc� Iuiili�I1Bi'g8S COII2�'ICd Oi'i8 Z3C CL3IIC�C(I ifl CUiiACC2iDIi -
<br /> wi�h the loan exceed Ihe pe�miqed limits,then: (nl s+ny huch laan churgc tihall be reduced by the amount necessary tu reducc
<br /> ..�} the chnrge lo the permitted limir,nnd(b)any sums alreudy collectecl from Bormwer which exceededpermitted limi�s will 6e
<br /> ° refunded lo BoROwer. L.ender may choose to makc this refund by reducing thc principal owed under the Note or by muking a
<br /> ' direct payment�o Barrower. If a refund reduces principal,lhe rcdu�:tian will be treated as u partial prepayment without nny
<br /> prep�yment charge under the Nate. -
<br /> ' . 14. Notices. Any nwice to BoROwer pmvidcd far io thi.Security Instrument shall be given by delivering it or by _.
<br /> %� mailing i�by f in�t cln.�s mail unlesc applfcable luw reyuires uk oi'annlher mrthod.The notice shall he directed to�he Piropeny
<br /> ` ' Addresx or:+ny other address Borrower de.ignates by notire�o Lrnder. Any �xrticc to Lender shall be given by firsl rluss
<br /> mail ro[.ender's uddresx ctuted herein or any other aJdress Lrnder de�ignutes by n��ice to Borrower. Any noticc pn�vided for -
<br /> !�, `�r;,�L: :.�.y x, in thia Sr.curity Instrumen� shull 6c deemed to hrve been given ta Qortower or l.ender whrn given os provided in this
<br />, �� •�.t Pumgroph. --
<br /> y.� �, 1S. 4overning I.aw; Severabllity. Thiti Security Instrument +hall 6e govemed by fcderul law und�he law of the 4
<br /> ., ; •�.��,��: jurisdiction in whlch�hc Propeny is lacuted. In the event that any pravi�ion��r clau�e of�hix Security Intitrument or the Note [.
<br />-;�. ,�„ cunflict�with applicuble luw,xurh�.onflicl.rhull nc�t uftiect other provi�ioiix nf tl�i. Security In�trument�r the Nute whi�h can :
<br /> — -- • be given eifect wuhout �he cunflictin� provi.iun. To thix e�xl the p���vi,i�ni,��I' thix Security In.uwuru�m�d U�e NidC are "
<br /> �,,�.+; .
<br /> -�.- „ ,-. ,,,, declaredtobeseverable. _
<br />`�•��? •�`5' '� � '• 16. Norrower's Copy. Borrower.hnll Ix:given onr confonn�d cupy of�he Note und of Ihi.Securily Inxlrument. _
<br /> •;.y` �`',�'�� 17. 71�angPe�of the PropeMy or a Heneiklal lnterest in Ro�ruwer. If all or any p•rn of thc Praperty or uny intercxt in
<br /> �:,.-..��.•.. it fs sold or trunsferred (or if u br�nfiriul inlcrcst in Bormwer is wld or trun+ferred und Bormwer is not a natun+l penonl
<br />;^,ry ' .;�:;•a� �::.� withou�I.endc�'s prior written consent,Lrnder muy,ut i�x optinn,rcyuirr immediatr puyment in full of ull sum.xerured by =
<br />•�., �}"t.�.:`:::_:' �his Securiry Ins�rument. However,this op�ion xholl nut be exercised by Lcndcr if exercise i�prohit►i�ed by f'ederal luw as of
<br /> "' �x��:•; the date of this 5ecurity Instrument. -
<br />-���"�� =� �-� If Lender exercisex this op�ion,Lender ahall givr Borrower notice of�cccleration. The rx��icr xhu11 pr�wicie u periad of _
<br /> --�i5 c.��-
<br /> not lexs thun 30days irom�he dute the noticc i�delivcnd or muilcJ within whirh Burn�wcr mu,t pay uli ,um�,ccured by thi.
<br />-''-��'-���» u Security Instrumem. If Barrc►wer fails to p��y �he+c sums priur ro Ihc expiruti�m uf thiti �xri��J. Lender muy invoke uny
<br />`�-.-�'�: ��{;°f� �"•_ . ' remedieg permided by this Security lny�rumrnt wilhuut fuhh�r nrtice or dcmund on Bnrrowrr.
<br /> l .• �� �
<br /> �'�' �� rr-"�-"' I8. Borrower's RiRht to Relnstate. If Born�wcr merh rerluin ri►nJiliuns. Borrnwer+hull havc the right to h�vc
<br />- ?Er.�:�w�;,F;;,.u.s,.
<br /> ,7t -:;i.;-•..• ,- enforcement oi�hls Security Insirum�nt di�r�miinucd ut any�ime priur ai�hc rarlicr af': I:U S duy�(or surh other periai vti =
<br />:,i;'i•' .�}y r;t�- � .. � ��
<br />",+r'; ;, � SinpkFamlly..Faank111ae/FYeddkNurU\IFOR�fIK�TRl��1FK7'..Vnifom�C�wem�nl� 9/90 IM�gran/npu�r.�l
<br /> ,;., ..4_ . =
<br /> ;(.,:� t y1::.�.�.,.. . —
<br /> i:� t +:.'�:'" .i
<br /> .y,y --
<br /> �,��'ti '�711�./..Ctfv'��LL' �-
<br /> �. �`t�P� �'.�»�. �-} .�... ;.._,— -_ X ^rr•t•"^y�. J {�P �,J "f' ,^""_�----^^�r,o, - S
<br /> :���_ +E r.. .� �� ,�`.1Wf•4�tf��IJ�Clr{ :�i:���:� . ?SR��fI[�+�'�/��(Y'''!p�ne+��/'�11`.F�(j;!'',�,IPI��Y� j i.r.•i�}l��#'V�1�i11.�7�Nyu3'.i!/ .,'),�,�
<br /> ; ��1. \.�b r� �' )f r�,- � •�5 .l•�1'T� .- � q'., � . . i+,j 1
<br /> i rtli�.t..,, `3"}� �d� � �t.. ' ��Jr` ll, �+ . , . . , a � , ,�;. . ;1 ,
<br /> ���, �.,4.,. . i : ,. •t.�r�� � , ;L+ , .��
<br /> .
<br /> :��i�3"-w-
<br /> .
<br /> � _
<br /> . •
<br /> t � �. � •
<br /> — ��, . , .
<br /> �.rrtia..r^�.��i���'riaS$Y.,.x1 _:,.�._�`,1,-�.� - -- - - - - "At- - �i
<br /> __ _. _.: : ,-: --..T . ` =- — - -- - -
<br /> � � - � � `F-_-7�-':- -i�� --- - --- ___-�--__ -------- ---_ _ - - _- ,?� - ., �
<br /> , � . t 1 i S�)� t
<br /> ��� ^ 4 `�„�/? . ;. . � � . - , ' .. � .. - ' � �� r:1 ... ., '', �, . . „ .
<br /> Li4.ti, . " `'`' ,�••h.�l
<br /> -! •.1•i`'S."
<br /> ,— 3:. :�� a' _ ..,. r . .��1!• ,
<br /> ^:�- Yr �� '-qf' L cC:: : .... .; � ,�!. . . � . ,�'y ... . .. _ . .. ., .
<br /> '.+�i�.�ig,�'.�::�y�1 7ja�{: •., .. d..J � , ` ,� ' ... 'r . . ��
<br /> 1v1
<br /> '`-'��i+'i.( ` . +�,:i��`L7�� " � . . . , .. , .., - i.. � ,, . .. . ..:�,:.5:�.f„r a1�.x.� .r ..
<br /> -.. . � . . . . . . . ' ' ' . ' .. � . . •��t...'+:i:�P 1..,� •. .
<br />- � V.��``�r ..'�'��' . � � � - � .. .. ' � '- ., t,.. , t �d.• ��t� � .
<br /> . -= :. .. .". �dt.`'r'!"t!.l�.�I�.r. w
<br /> _.��_, .
<br /> _.. .
<br /> .
<br /> --� *---- -:... . , ,
<br /> �J�.�,.--� ..1.�..__.. � ---�- - -- -- _ -- --- ---�-- "
<br /> _ ti._ ��: , � .. _ _ _ _ �
<br />
|