|
_,a n.:,,:;� .
<br /> �',�.: - � .._.�_ :.:.�:_. -_
<br /> ,� ; • .4�..< < ,. ,
<br /> _.. , .. . - - --- - --
<br /> _. - --- ___ �____-�r,
<br /> �,;� • . _ 'i,�' .LR"'.,- _
<br /> -1�G:..'�.v Ar.aJV'.t ��V
<br /> 93� �
<br /> Ppr�aa�tR na►Y no lon�a be�quired� at the oplon of.i.�de�.if mtM�e Inwr�uoe a►var�e(in t1�a,ptc�lt,�nd tar dio period
<br /> qMt l�on�ter nquina)provided by Mn iMUnor�mvod by Lrnd�a�in beooma�vdl�bla�ad Ia e4lainal:Barmw�er rAall paY
<br /> �6e pwnj�ma roquirod b m�iMain�tbrt�e irounu�oe ia efYfaot,or,�a,p�nvi4e�law ro�qvQ..�ri}il the requiremw�t lror�o�ty1M
<br /> i�wsnoe e�in aoawd��ea wltb�ay wriaen qeieaneat baweee&►m►��nd•1.andeK a�;+ippl(t�ble lar.
<br /> f. I�oetio�.t.ender ar ia �mry mdca ro�ombb a�ie�s r�pc�a�nd in�otinas,at'tfie�r�op�a�ty. Leeder�b�ill�iw
<br /> Borrowe�notioe�t Ila tlme of or prior a�n iropoctbn�pecifyins roason�dla c�uca fnr�tha ituyxction.
<br /> N. CoedMwNou. The pr�000�da of my aw�d or claim For dmu�gos. dirool or,roonoequentW. in cn�u�ectkm with any . �
<br /> , oaWaimWbn ar olher Wetas of wy pai af the Property.or for.00nvoyanoe in.liwu�af oanAaa�nMbn.�uie beroby a�i�nad ard
<br /> _ �.�__---� ib�ll,be{said tc►Lcndcr.
<br /> In 1he eveot ai�taal Wcin�ai the Propcny.�he pnoaeeda shwll be ytipNad to tha wms wandd b��1iF SxurUy inwuaie�u�
<br /> whethc�or not tl�duo, wlth any excas pdd to Bormwer. In !he event,of a p�ttip)teking of tha PmpMy in which the fiir
<br /> muicet value of 1he PrupeRy immedistdy beforo the taking is oquwl w or gtaatar tlua�tha atnaum,of�the wau�securod by tht�
<br /> ----_ � Securiry instrumenl immedJ�tely befo��he taking.unless Bomuwer and Lendar oll►erwir,e qgra+,ip�wriNnQ.�ho wmu��ecu�d by
<br /> this Security Inctrument.shall be roduaed by �ho arwunt of tha pr0000da muldpliad by tf�a fqilawfng fractlon: (a)ths l041
<br /> �mouat of tho wmc svcu�d immadlat�ly b�faro the taking.divided by tb)the fair mwkct v�lue�oi'�tha Pmporty f�miadintaly
<br /> before the taking. Any�6atanoe slwll be paid[0 8orrower. ln the ovant of a,pwti�l tul;Ing ofi thp Aroperty jn whieh tbe fair
<br /> m�rlcd value of tha Pmparty immodiately befuro tha taking ic Isss thpti the�maunt,of thb Buriix savred inuaediateJy before tho
<br /> hl�in8.unlaea Borrowor�nd LeMer otherwise agroe in wrlting or uniass eppliaabl�Ipw;othtrtwise Provlda.tha pt+ooeeds:ball
<br /> ba y�p�ied�W 1ha sum�securod by thk Socurity Inurumont whotheror not tho sums are than,dua.
<br /> IR the Pnoperty is abandoned by I�rrower,o�if.afler natioo by Lander to Bom�wier thut the aondemrar offas w mel�o an
<br /> Aw�trl�'on settle a cl�im for dunoges, 8ortower.fpil�ta r�cspond to l.ender wiihb•3Q�dpys aRer Ihe dotc the notiee is given.
<br /> _ l.ende�is authur�zed to mlloct and apply the p�qcx�ode,at its aption.oitbar ta r�starAtiun�ac nep�ir of the Prope�ty or to dw am�
<br /> r savrod,br•thia Security lostrument.whethor or not than duo.
<br /> �' � Unlase Lender and Burrawar otfidrwisc agrx ia writing. any application of�ptnaeods to principal shall not extcrd or
<br /> -_ ' _ postpana.tha dua dNe of the nwnlhlN pAyments refeme�i ta in parngrap�c 1 and 2 on chAnga�hc�nount of such p�ymenis.
<br /> _- _—-- -- il. Bortnwar Nnf�R�ele�sedi�Forbe�ranee By Leadar Npt�a W�I�er.ERtenslon of the time for peyment or�a�odificatjon
<br /> ,��q of amoKizutian�of tha•rumx savrcd by�hia Sa�vdty lns�iument�gmntpd b)�•l.en►ierco eny succrssor in interrst of Bormwer aiwll
<br /> • not operato to�rela�tha liability of the original8amowar or Br►mowtiet's�o�rs�ors in irNerest. I..ender shall not be nequirod to
<br /> � � oommenoe proaedings aga�nst uny suc�+escor in imarost ar,retuas tu chctand time For payment ar otherwise modify aa�ottiradon
<br /> �•� of the sums becun:d•by this Securi�y Insirumenl by rpsan�qF an}� damond madc by thc original Bornnwer or Borrower's
<br /> ;� successors in interiast, Any forbearan�e by I.ender in�eKemisin� ony �ight or remedy shall not be a waiver of or proclude tha
<br /> �:�,:''; caeroisc of any dgbbnr•rcme�y.
<br /> -- — i2. Succeaao�and Assi�ns U�wndt Joipt aad �ev,ewb Uability; Co�igoers. The covenants and agreemanta of this
<br /> ;�+�;; Socurity in�►rument shull bind und benefi�.the su��s�o►s and assigns of Lender and Bomower, subject to the provisiona of
<br /> :''>>;�:';`. "• pamgw�ph 17. Borrower's covenants wid agreemems shall ba juint mal eevcrvi. Any Borrower who co-signs this Security
<br /> ..:, �.;�;;,�:;
<br /> Instrument but does not execute the I�ote: (a►is co•signing this�Security Inst►vment only to moMgage,g�nt and convey that
<br /> 1`- ,�n t� , Barrower's intcrest in thc Property under the terms of this Securiry Ins�rument; (b)is not personally obligated to pay the sums
<br /> ' � ~ '"� 7, �� securod by this Security lns�rumenr und(c)agrecs thnt Lendor und any othcr Barrower may ngree to extend,madify.forbear or
<br /> :.d.�'k.•.:,r;;"s`�;.�,
<br /> _ .,�;k��;�.nn,�:�l�.�,
<br /> - �;;,,,,�,;,_ maice any accommodutions with reg•rrd to the:terms ot this Socurity[nstrumen�or�he Note without that Bonower's con6ent.
<br /> ' ��'t' •° !3. I.00n Clw es.If the loan secureci b this Securit Instrumem ix sub'ect to a law whfch sets maximum loun ch
<br /> -'~r:_ •.• �..?�,. � Y Y 1 at8es.
<br /> , �., and thut luw is finall rp g
<br /> �; y inte rcted u�timt the interes�or other loun char es rn11e�Ked or to be rnllected in wnnoction wjth the
<br />"�,. .:,�i..,,;-�fi ' � � loan exceed the permitted limits,Ihen: Ia1 uny wc:h 1«n chorge shull bc reduced by the nmount necessary to reduce the charge
<br />��= ��°r��.;'J:. to Ihe permitted limit; and(b)cmy sums alreudy collect�d from Borrower which exceedod permitted limi��will be refunded to
<br /> • "' 'n, ^'�t',4-..•• Borrower. )xnder mny cha�se tn muke this refund by reJucing the principai owed under thc Note or by making a direct
<br /> � �'"5"�,�.. ,� a mrn l to &►rrower. I f a re fb n d r e d u�r, nnci u l. t he r e Jucliun wi l l b� trzxtc�i as a p paY Y
<br /> '< ;�,��;.�4;.;;,,;l,s;yy,, p Y p' p a paci i a l re ment wfthout an _
<br /> -- ��•�.^,:.,..�y;;��`;.;;.:;.. PrePaYment charge undcr the Nrne.
<br /> ?��%:,'"''.�`.', 14. Notices. An notice to&►rmwer mvided for in this Sewrit Insarument shull be iven b deliverin it or b mailin
<br /> . � .�}•.�r:: Y P Y F� Y 8 9 �
<br /> fr�, „ �,•�;t�;,��.°, � it by first cluss muil unless applic�blc law requir��;use af anothcr method. '1'he notire shall bc di�cted lo the Property Address -
<br /> �.`, �: •- '. y !� Y Y given b first class muil to
<br /> ..,, . ,���,`;,�;�,��,,, �. or nn other nddress Bortr�wer detii nalc� b notire to l.ender. An notice to l.rnder �hall be y
<br />° � � ,, . . L.ender's address stated hercin or uny iNher udJre�s L.e�xier designates by no�irr to &ircawer. Any notice pmvided for in this =
<br /> ���•" �� Security Instrument shull bc decm�l tu have bccn given to Banowcr or Lcnder when givcn a�provided in this pnrugrciph.
<br /> �" '' 13.Governing I.aw; Scverabllity. Thiti Securi�y In,trumcn� shul( hc �tnverned by fcde�ul law and the law of the -
<br /> ^ .f�..-
<br /> - .:,;,,.��� jutixdiction in which the Properly is Icku��tl. In the event thu�any provi�ion or cluuse ut'�his S�.�urity Instrumem or the Note -
<br /> �' � .� . conflicts with applic�blc law,such conflict�hull nul uffect uther pmvitiionti of Ihi.S�curiry In�tnrmem ar thr Note which can be -
<br /> "a �.",�;;:�s;.,� given ePfect without the conllicting pr��vi,ion.To �bis cnJ thr pravi.iunti�if thiti S��urity Instrnmcnt und thc Nute ar+e decluned -
<br /> ``-:- � �1,.;,,,,, to be severablc. -
<br /> ��'.'.';1>;�'�^ 16.BorroW�er's Copy.Bormwcr tihall tx giv�n onc runtimrnd r��py uf thc Not�unJ�if this Securii}�Instrunxnt.
<br />
|