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91105557
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Last modified
3/8/2012 4:03:39 AM
Creation date
10/21/2005 12:16:23 AM
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DEEDS
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91105557
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. ,I��.� .i� ' __—_n <br />-Ik'1'�-4� - -..." _ -.__�`_ . ..--" "—_""' ._...� <br /> ' ,..c'c � ' .. <br />._�_ _�___'�Il , <br /> -- --_ —_� ,���• . • w r►�►I�M <br /> :/ -"lua�� � <br /> condcmnuQon ur other wkin�nf any purt nP�he Propeny,or fur canveywk:c i�lieu of condomnution,ure hercby w�a�iQned and <br /> Rhwll bc peld ta l.endor. <br /> In the eveat oi p tMwl �akinQ uf'the i�rqkhy. �he Praa:cds ►hu11 be opplied to ihe xuma securcd by Ihix 5ecurfty <br /> Inxtrumcn6 whether�r na�hcn duc,with any exccxx paid w Bom�wer. In the�vent of u puAial taking oP tl�o Pin►perty io <br /> which tha iai�m�urkc�value of tl�e Pn►perty immediutcly hefare thc tuking fx ryunl to nr grcuter thun�he umuunt af�he�ums <br /> ,;ecurcd by thix Suurity In�trumcnt immediutely befi�rc�hc tuking,unle+r Borrower and Lcnder whenvir�e ugrcc in wrl�ing, <br /> 11k eums sccurcd by thia Sccurity InY�rumcnt rhulf Mc rcduccd by thc omount of'�hc pnxcedh multiplicd b iha fullawing <br /> irection: la)�h�tcHa��mount of�hc xumy secured imm�liutely hefore�hc taking,divi�k;d by (b1 thc fair mar�at vnluu oi the <br /> � � pn�perty immcdiatcly 6cforc thc taking. Any Mutun�r ahall Ix puid �o Bairuwcr. In tix cvcnt of u purtiul taking of the <br /> Pra�xdy in whkh Ihe fair murke� vuluc of the I'rapcny immediutcly befure Nic tuking ix I�wx�bun�he amaunt ot��he Kumri - <br /> secured immaliuiely hefcxc llx� mking, unlcxx Borrower und Lendcr athenviye ngrcc in wri�ing or unlesx upplicubl� Inw <br /> ahenvi`e provides.�ho procce�ls xhull hc opplicd ta the xums securcd by thi�Secu�ity Inxwment whether��r noi th�xums une <br /> then due. <br /> If tlw Piq�erty ix ntxm�ned by Borrawer,or if,uf'ter notice by Lender la B��rrower thut Q�e cunckmnur uffen ta make <br /> on uward or sculc a cluint fur damager,Borcc►wcr tuilx w rexpi►nd to LenJer within �11 Juyx ufler thc dutc Ihe notice is given. <br /> Lender i.r authorizcd to collect und upply the proceeds,nt i1K optMn.ei�her ta rcstorutfan ar repuir of the Property ar to the <br /> -�— xumr Kecurcd by thia Security Imtrument.whether or not then dur.. <br /> � Ualexc Lender und Botrower atherwi�e ogrec in writing,uny apalicution of pmceeds to principul shall aot extend or <br /> poa�pone�he duc date of the monihly paymr,nts refcmed to in purugrupha 1 und 2 ar chungc the umcwn�oP�uch puymenls. <br /> ll. IN�nwwer Nnt Rsk�edi ForbeArance BY l.ender Not A Wpiver. Extension uf �he �imc Por puyment or <br /> � moditicAtfan of umortizaticm uf Ihe nums�ecured by thia Sccuri�y Inwtrument grnnted by Lender to any succc�csur in interesl <br /> of Iiarowcr shall not opernle�o releuxe the liubility of the ariginul Borrower or Borrowcr ic zuccesso�x in inlerexl. Lender <br /> --- �sh:��l n�•t be aqnircd lo rommeiue proceedingw ugninx� any Ruccexrar in intere�t ur refu� to extend time fur puyment ur <br /> _-___ _______":,; ahc�wi •modif; ��mnrtiy,� +M�ni�he, ms r,ecured by thix S�tiurity Instrumcnt by rcason ai uny demand mude by�he�riginui _ <br /> -= Borrower or 8orrowerk succexsur�in mecretil. Any fbrix:urunce by Lender in exerciaing uny righl or remedy ahall not be u <br /> -` - waiv¢r of or pmclude thc exercise of uny right or rcmedy. <br /> __1::� !2. Successot�And Assigns Boundt Jufnt And Several l,iablNty;Co-slgnerx. The covenum�und u�reementg of this <br /> __- Security Insttument siwll bind and benefit the succesxon+und atisignx of Lender�md Bortawer, subject to�he provisio�.r•of <br /> _;'i� parngruph 17.Borrower g covenumc und ugreemenlw �hall lx:joint and sevcrAl. Any Borrower who ca-xi�tns this Security <br /> - Inst�urnent bm daes not execute the Note: lul iti ca•.rigning thiti Secorily In��rumenl only to murtgage,grant and cunvey�hat <br /> Borrowerk interest in Ihe Prap�:ny under Ihc termx of'this Secu�ity intitrument: (b)is not penonully obliguled ta pay�he xuma <br /> _;;,_y� isecured by this Security Ins�rument:and(c1 agreex thut Lender unJ uny other Barrower muy agree to extend,malify,forbeur <br /> •� or make any accommodationx with �egurd to the temir: of ihia Security Inxtrument or�he Nwe without Ihat Bormwer4 <br /> - consent. <br /> - 13. I.a�n Clwrg�.w. If the loun tiecured by thi� Security Inatrumem i� subject to u law which setx muximum loun <br /> s►�n�e.,nnd�hnt luw is fim�lly interpreted so�hut the intere.r•t ur other loun chur�e�collecled ar to be collected in connec�ion <br /> _:;� with the loan exceed the permit�ed limits,then: (u)uny+uch loan churge xhatl be reduced by the amuunt ucwe,wiy to redncc <br /> s the charge to�he permitted limit:und(b>uny sum,ulreudy collected from Borrower which exceeded permiueJ Iimits will be <br /> -�- refunded to Borrower. Lender may chiwse to make thix refund by reducing Ihe principul awed under the Note ar by making u <br /> __,,,�-°��., direct payment to Borrower. If u refund reduces prinripal,�hc reduction wfll lx t�euted us u pnrtial prepuyment wi�hout any <br /> -_ _= �,;;� prepuyment ehu�ge under thc Note. <br /> �''"'�"'�'�''71' l4. Notkes. Any notice to Barrower provided tor in�his Sceuriry Inxtrument shall be given by delivering it or by <br />-- <br />
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