|
�. : .., _
<br /> . .
<br /> _ ._ =T_��-r. ' �- . .. -- . - - - . __
<br /> . .xu �r�ec��tier ir�u.�.�=-*^- - --- -� -- -.--
<br /> �' • - -
<br /> - ,' `' ' ` ` - ,Fi�'�@iR�r:.:,i - - -. ._ ;`_
<br /> ,- =�=•=-r- . _ - '_�—��,ry " _---- { - � -� r. �_ ...
<br /> � -_ .. . .. `e .-a � .
<br /> � • c ,
<br /> - ' - - �: ='_ -- - - - ' 4 -
<br /> � _ ... � :. � , . . . . -
<br /> , ���- --
<br /> -------._-------�`- — A�1�+r+..r-�_-.- _-__. _ � -�— -- — -- . ...--- :—.- --- -
<br /> _- .��-==z-- �-- - .-_°-� ..__ __ .__.__ ---_-.�.__ . _. . - ` . . . _ _ _ __ _.-.. . . . —. _.- — _ .
<br /> _ ` � .�< < . 4 . . . - . .
<br /> — 5 .. � . .
<br /> - _. .. ��_ .. _'_ " ' . . . � .. . . . . . ..
<br /> � �. � . � ..
<br /> i+_..<:�z"_.�.� . ._ . � . . . � .. . � - . .
<br /> —. _ . . . r : c .
<br /> . . .. . . � c . .
<br /> — � ` �� •
<br /> . .
<br /> �� 854
<br /> -------�. __ ._ _ � - . - --- - -f.�----� _ - -
<br /> 3�_. � .
<br /> - - -- t -_. - - . - -- -- �- --�_ ---. - -
<br /> � `caidcmnalion or olhec taking vf any pait ai tht Pr�perty.nr far caavey�ncr in lieu pf caxiemaatian.arc Nereby�ssigned and � � .
<br /> sh�ll be paid to Lcnder. � . .
<br /> Ia the event of a taal takiag of[he Ptoperty.the praaoeds shall be upptied to,the sums securcd by this Securitq <
<br /> � -- -- Tsirumea�wlrclTiee��wt tiren-dae: ' � • tt-ehe-ee ` . - af tEt��'[c�e�t r.in_°-- -- -- ---
<br /> -- — which the fair marlcet value of tAe Pmperty unmediately 6eface sUe t�kin8 is eQual to or greater than the amourrt of the snms . -
<br /> secuced by tisis 5ecurity lnsinunent immediately hefore the takiag.unless Bomawer and L.ender atherwise agree in writing. � . .
<br /> the sWns sectned by this Security Instrument shait be reduced by the�ount of the pcocexds muttiptied by the foitowing
<br /> �actic�: �a)the total amottat of the sums sccured imrrtediatelY before the t�lcing,divided by(b)the fair maricet vaJue of'the
<br /> pi�operty immediately beforc the talcing. Any baiaixx shall be Paid to 8oriowet'In the event of a partiai taking of tTie ,,
<br /> propetty in which the fair market value of dee Prupercy immediatelY befom the talcing is less than the amount of tfie sums-
<br /> securea immediatety_before the taking.unless Bo�ruwer and l.ender othecwise agree in writing or ualess applicabte law
<br /> --_ ° atherwist pn�vides.the proceeds shall be applied to the sums secured by this Security Irstrument whether or not the sums are
<br /> -�=�- tlxndue. "
<br /> -b�:. f If the Pmperty is abandaned by Boerower.or if.after notice 6y Lender to Barmwer..that the condemnor offers to maice �
<br /> - �": an award ar settle a claim for damages.Bomower fai4s to respond to Lender within 30 days after the dace the aotice is given, —
<br /> �:t`} ' Lenckr is authorized to wllect and appty tGe proc�ds.at its aprion,either to�eswration or repair of the Propeity or m the
<br />- sums secu�ed by lhis Secu�iry.lnstrumenk whether or nat then due. �
<br /> - Unless Lender aad Bor;ower othecwise agrce in writing.any app�ication of proceeds to principat shall not eacend or
<br /> '� � postpone the due date of the monthly paymenu nfeme�tn in p�ragtaphs I and 2 ar change the amount of such payments.
<br /> '<.` - i;, gosraw�s Not Rete�sed; Forbearanct By Lendee hot a N�i�er Extension of the ame for payment or, — _
<br /> madificadon of amoctizadon of ti�e sum.s�seciu+ed by this Security Insuumern P.'ranted bY i.ender to any suceessor�rt mterest _ _
<br /> -_ - of Bormwer shai}not aperate�to release the liabiGty of the originat Bo�rower or Sorrower's successors in interesT. Lender �_�_
<br /> shall not be reyuirid to commence praceedings against any successor in interest or refuse to extend time for payment or ��- _-
<br /> -_ otherwise modify`amo�tization of the spms secured bY this Security Instrument by reason of any demand made by the original - __
<br /> Bomnwer ar Bartower's snccessors i►t anter�es� Any forbearance by Lender in exercising any right or re�ttedy shali not(�e a z�-
<br /> - • � waiver af or preclude the eaeneise of airy ri�ht or mmedy. . � :�-�x=__
<br /> - -, IZ, Sac�so�s aed Assigns Botmd;ldnt�nd Seversil Liabifity;Co-signet's. The covenants and agreeinents ofaius , ,,,����,.
<br /> `r Security Inmume�n st�aU bind and bepefi�the successors and assigns af Lendes and Bomnwer.subject to t6e provisioas of . '?�=- -�
<br /> c��+ 3 .'. ,g}.. .
<br /> � paragraph 17. Borrower's.covenants and agneements shall be joint and severaT:'Any Bortower who casiptis this Secariry :.� �;"�v_
<br /> -;,,'" ` ` InstrusneM btrt�ces not execate the Nae: (a)is co-signing this Sqcuriry' instrument oniy to raottgage,g�ant:snd convey that . _ ::_' ��-_-'�-r"."_—
<br /> � ' Bonower's iatetest In the Prope�ty under t he terms o f t his S e curity Instrumen t; (b)is n o t p e r s o n a l t y o b t i g a[e d t o p a y t h e saras ;,=4,.T=:_
<br /> . � '!��:; '. , seeured by this Securiry Insuument;and(c)agnees that Lender and any other Horrower may a�aee co exten�i.madify,fori�sr . .
<br /> �:. �
<br /> or make any accommadations�vi[h rcgard to the te+ms of this Secutity Insicument or the Note wi[hout that Borrowbr� .
<br /> �.
<br /> ' consen� ' •' -
<br />. � 13. Loap Charges. If the loan secured 6y this Security Instrument is su6ject to st I�w which sets�maximum toan .,`^"�.
<br /> � charges.and tbat!aw is fnally interpreted so tt�at the interest or other loan charges callected or ta be caltected in connection � � .,`- :��---
<br /> � wilh the loan exceed the pertnitted limi�s.then: (a)any sucb Ioan charge shaU be reduced by the amount neeessary to reduce `.1�� ^;�:;��_
<br /> ihe charge ta the permitted limit:s►nd(b)any sums already collected fram Borrower which excrxded permitted limii.c will be ,�__` ., ', _-
<br /> ;�;_,,1 ��. �- refunded to Borrawer. l.ender may chaase ta make thix refund by reducing the principal awed under the Nate ar by making a «-__�_., _, :=-
<br /> direct payment tn�8orrower. If a nfund reduces principal.the mducKiort witl be treat e d a�a Qartial prepayment withaut an y • �-
<br /> �-��� prepaymem charge under the Nate. ' ' --
<br /> ' �6�r�:�. 14. Notices. Any notice to Borrawcr pravided f��r in this 5ecurity In+trumen1 sh:�ll be sivcn by delivering it ar,by N' _
<br /> ` '�s� '�` mailing it bx fint class mail unle�s applicabte lu�v rcyuin�u.e of another methud.The notice shall he dirccted to the Praperty . , _
<br /> , -�7—�: _ .
<br /> '�"`� � " Address ar any athcr addr�wc Barrower Qe�ignaw.by notice to lwrnder. Any natice to L.ender+hall Ix givrn by fir.t ctatiti . . .
<br /> ' � �' mail ta l.ender's udQress�tated hercin or any uther addre�ti l.cndcr dc�ignacey by natice to BnrruN•er. Any nrnicc pr<�vidcd Cur • •.
<br /> • �r� �. . �r
<br /> �,� . in thi�Security Instrumem .h�dl Ne decmcd to havc hccn given tn [iorrower or Lendcr whcn given a� providcd in thi� ,
<br /> �r.'-�•�• paragraph. ,. �.€ .
<br /> , "�� . 15. t.overning I.aw;Severabilitv Thi+ 5ecurity Inrtrument shall be govcmed hy federal law;md thc law nf ihe '� -
<br /> � ,-..F;:' jurirdictian in which the Property ir t�x.�trd. tn ihe event that any provitii�►n or clauye af thiti Security In�trumeat or the Note .., :,_°:
<br /> �w f.,
<br /> . �~,_,�;�= confliet�c with applleable law.such canflict.h�dl nut affect other pa�vi�ion.e+f thi.Securi[y Inrtrumenl ar Ihe Note whicb can �
<br /> .�;.:'.�.r, be giveq effect without the cnnilicting provicion. T�thi�end the puwitii�m of thic Serurily tmtrument and Ihe N��te a�e ,
<br /> ° ,x,�;�. , : dectared to be sevcrable.
<br /> �: '���• 16. $orrower's Copy. Barrawcr�hall t+c givcn one confurmed capy nf thc Notc and of thi�Sccurity Imtrument. _
<br /> . �t�'1: N. 'Ilransfe�otthe PropeMy or a BeaeQclal Interest 1n Bnerower. If uQ c►r uny purt c�f thc Prupcny ar any interetit in
<br /> � �{y , it is tiold or transferred(�r if o heneficiul intcrext in 8orrow•cr i�.atd ar aan�ferrcd and Honuwer is not a naturat per�on) , .,�-=
<br /> �'.' � without Lender's prior wriucn can.rent,l.ender may.at i��opti�m.rcyuire immediatr payment in full of ull tiums secured by E •
<br /> , .� ,:
<br /> �����,' : ..1���...:.
<br /> � °'�;�'• ' � � thi.v Security Imtrument. However,thiy nption�hal!nc�t Ix exenitied by Lendet iiexerc��e iti prnhibited by federal l:tw as of f
<br /> ,,yy,_, : -. t . s .r,.
<br /> �;.,,:_. . the date of this Securily lmtrument. �
<br /> '"'`•�`�' ' ` � (P l.ender exercise�thiy o tion.Lender shall givc Barrower noticc�+f.�cceteraticm. Thc naticc�hall provide a periaf of � - .
<br /> .`, r..'r p ,
<br /> ' •,��� "' ' ' not tess than 30 days from the date�he natic�ic dclivered��r maited within which I3�rru«er mu.rt p:�y ull xumti secured by thi� . , ,
<br /> �,�{, � Securicy Instrument. If Borrower failti tu pay thcsc tium�prior to�hr rxpiratinn uF thi� peri�xl. Lender may,inv�ke .iny
<br /> ' a remedies permitted by this Securiry Inarumenl wilhout funhcr n��tice ur dem:md wi Hurr��wer. f �
<br /> • :k`� '' ' . 18. Borrower's Rig6t to Reinstate. lf Bnrrower meets ccrtain c�mditinn�. Borrawcr•hall havc thc right ta have F
<br /> ���*;:, -,.�`, . enforcement oi'this Securiry tntitrumrnt di�antinued�t uny time pri��r tv the eurlier oP: la►S day�l��r�uch u1h�r�xri�xt ay ;
<br /> :.•: . . . : �:...
<br /> . . .. . •�. .. . Singlc F.m�ily..}annk�t�r�Frcddk�1ac l rIF/11tN l�s'/'Nl:Vi:�'f�-1'nit�mn Cuccn;m�. 9,�0 �pucr�l n//�1wc�•�� • '
<br /> �� . � . i. . .. : .
<br /> . . - � � . �
<br /> . . �.
<br /> , - - ,- • � ---- — .
<br /> �, • . . . : . � ' ' . . ' �
<br /> , • ,�;_ . _ . . , • . .
<br /> . , ;?� . • •
<br /> � �� . . .
<br /> ., . '• ' . _ �.� � . , '' • . '. .. .
<br /> ,, . � . .
<br /> .
<br /> ! _ . . , �
<br /> ,
<br /> . , . .
<br /> , . . .
<br /> . �
<br /> . , -
<br /> .
<br />
|