|
____ __ __ _ _____
<br /> -�-�'�^�'� ':?� '
<br /> - �r�•
<br /> 93- it���9
<br /> Pymerw m�y no lonau be�equired,�t�he aptian af L.ender.if mart���e inwranoe wvar�c(In tha unount uid for thc poriod
<br /> tlMt t,ender �quiro)pruvided by�n inwrer approvad by Letider a�ain bacon��v�ilabk and is ob�olnal. Borrower stull p�y
<br /> tbe prorniun�n�quirod to m�inuin ma�t�e insunrxro in effert,or w provide+�lar raervo.uMil the nequircar�ent for anon�a�e
<br /> � idu�ce aidi in�000�dsnca with�ny wdtten�roement betwoen Bomuwer iud l.a�da or�pplicabie law.
<br /> !. iwp�etioM. L.ender or its�ent m�y mdte�ra�otrbfo entrkw upon ud inspections uf tho Pmpeny. l.eoder�hall�ive
<br /> Bimuwer notico u tho time of or prfor to�n fn�pectbn�pocifyln�rcaionwble cwso for the in�poctian.
<br /> 10. C,a�deao�tloa. The prnoeoda of�ny�ward or claim for d�rtiaga.diroct or cansoquemiel. in oannoction wilh any
<br /> oondannallon or othcr tWcin�of any pan ot the Property�ur For canveyar�ce in Ileu of condemnation.aro hercby aatisi�nod and
<br /> ---'��T..,._ i6W bo paid to[.ender.
<br /> In the evrnt af a taal taking of the Property,the praaais Rhall be appliod to the�uma s�ecurod by this Socudty Instrument,
<br /> whether or not then due. with any excrss prid to Bomnwer. In the event of a partial taking of the Propeny in which the f�ir
<br /> market value of the Property immediauly befo�Ihe taking is equal to or greater thnn the amount af the wmc�aew+al by thic
<br /> Socudty Instrument immodiatcly beforo the taking.unless 8orrower and L.ender otherwlce agroe in writing,the sums securod by
<br />_ g___ �.a, this Security Instnur�aU shall be roduoed hy the amrwmt�f�he �+rrwreYls m�dtiplied by the following frection: (a)tl�e totel
<br /> amount of the sums socurod immodiately befora the wking. dividod by(b)the fafr market value of�he Property immedisuely
<br /> 6eforo tha talcing. Any balencx shall be psald to Bortower. In tha event of a panial takinb of the Pn�perty in whieh the fair
<br /> market vAluo of the Property immediately tsefore the taking is less than the amount of the sums secured immerliutely before the
<br /> . t�ici�g. unidc Borrower and i�der otlurwise agroe in wdting or unless applic�blc low othenvise provides, the proceeds ahall
<br /> be applied to the sums secured by this Security Iastrument whethar or rat the sums are thon due.
<br /> If tho Property ia t�bandonad by Borrower.or if.after notice by l.endor to Barnower�hat the candem�wr offers to make an
<br /> - awa�d ar seule a ctaim for damages. BoROwer Pails to �nd to Lender within 30 days aficr the date the notice is given,
<br /> _- Lender is authorized to rnllect�nd apply ihe procceds,at its option.either to restoration or repair of the Property or to the suma
<br /> - secuind by this Security instrument,whether or not then due.
<br /> - Uniesa Ler�der and Borrower otherwise Agree in writin�, any applicetion of procceds to princi{wl shall not extend or
<br /> - postpone the due dute of th�monthly paymenls referned to in psuagraphs 1 and 2 or ctwnge�he amount af such paymen�s.
<br /> " 11.Borrower Not R�d;Forbe�rance By I.ender Not A WAiver.Eatensidn of the time for payment or modificetion
<br /> - of amortiwtion of tha sums securod by this 5ecudty Instrument granted by Lender lo any successor in interest of Horrower ahall
<br /> not operute to nelease the liobility af Ihe ori$inal Borrower or Bnrrower's successors in interest. Lender shall not be required to
<br /> _- commence prooeedings against any successor in interest or refusa to eatend lime for p�yment or othenvise modify amortixation
<br /> - —_ of the sums secured by thia Security Imtrument by reason of any demand made by Ihe original Bonower or Borrower's
<br /> - - sucx.�cexors in interest. Any forb�ance by Lender in exercising any right or rerntdy sh�ll not be a weiver of or preclude the -
<br /> --- excrdsc of any ri�2ht or rcmedy.
<br /> •._.. .
<br />';!,^ 12. Suce�sors �d Assigns Bound; Jaint And Severnl Liability; Co-sigaers, The cavenants und agreements of this
<br />" `' Sxurity Instrumeni shall bind and benefit Ihe succescors and assigns nf I.ender and Bmrower, subject to the pmvisions of
<br /> " paragraph 17, Borrower's cavenants end egreements shall be juint anci several. Any Barrower who co-siBns Ihis Security
<br />-- Insirument but daes not executa the Note, (a) is ev-signing this Securlty Instrurnenl only to morlgage, grunt and convey that
<br /> • HorrowPr's interest in the PrupaAy under the terms of this Security Instrument; (6► is not personully obligated to pay Ihe sums
<br /> secured by this Secur�ty ln�trumunt;and�c) agrees that I.ender und any other Borrower may agree to extend,modify,forbear or
<br /> , . make any acwmmadations with'regard to the terms of this Security Instrument ar the Note without that Borrower's consent.
<br /> t3. l.oan C6a�es. If tha loan secureci by this Security Instrument is subject to a Is►w which sets maximum loan chnrges,
<br /> and�hat law is fnally intsrprated so tha�the interest or other luan charges colleded or ta be rollected in connection with the
<br /> °� - loan exceed the permitted limi�, then: (a►�ny such loan charge shall be reduced by �he amount necessary tu reduce the charge
<br />^'� to the permitted limir and�b)any sums elready collectod from Borrower which exceeded permiqed limits will be refunded to
<br /> � .,.t,.w�. Bornower. l.ender muy chnose to malce th is refunci by reducing the prinripal owed under the Note or by msiking a direct _
<br /> • •'+�y?�+^". payment to Borrower. If a ref'und reduces principal. the reduction will be treated us a partial prepuyment without any
<br /> �';w .:"' -,. prepayment charge undar tha Note.
<br /> �; ;.:. .. 14. Notic�.w.Any notica tu l3onower provided for in this Serurity Instrunxnt shrll bc given by delivering it or by mailing
<br /> M `�� it b first class mail unles�o licable luw r ires use of another methad. The ncxice shull be directed to the Pro rt Address
<br /> ti.[�.j. :.
<br /> ,,;..�;:�:..��. r rn� �w� � y
<br /> , .. or any other uddmss Borrnwrr designutes by notice to Lender. Any n�ticc lo l.ender shull be given by first class mail to _
<br /> .;;_ ;. �- I.ender's addrcss s�a�ed hercin or uny other address l.ender designules by noticc �o Borrowcr. Any notice provided for in this
<br />� �70-"`�"��•� ° Security Instrument shnll bc daomed to have been given to Borrowcr or Lendcr when given ns provided in this parugraph. -
<br /> «'r,�., . -
<br /> 13.Governing law; SeverabNity. This Securiry In�trument �hall be grn•ernec� by federnl law and the Is�w of the
<br />-'s ' -•`~�" jurisdiction in which the Pr��peny is Icxu�eai.In d�e event thut uny provision or claux��f this Serurity Instrument or Ihe Note
<br /> � '��*=��%�.;ti conflicts with applicAble law,�uch contlict shall not uffect aher provixions of this S�:curity In,tn�ment or the Note which cnn be
<br />�=�� ` ' ;i� • given effoct without the canfli�ting pruvisiun.T�►this end the provisions of tl�is Sccurity Inswment and the Noce are declared
<br /> _ .�-°=`",`. , tobeseverable.
<br /> - ^ '_� 16.Borrower's Cnpy.Borrower�hall be given�me confonneJ copy of the Nwe and of this Securiry Instrument.
<br />�.;.� ����
<br /> - Form 3028 8/90 -
<br /> �! � .- Payo�ol B
<br /> �) }a.l.'.:...
<br /> 0
<br /> . •i��1���:'-?:"� _
<br />'lyt' �� �„-'`a... r . . .. .1 qti:.�4 L .-ti. .�-'l'.�'�j,..,�{i1�.1T��:�n���+�+Y��� . � . .. y�R i Y��M t�,'.:...�j�ar
<br /> `7G� " - . '-, ' . � . � . � �Sn„ "
<br /> -:r� r F. ' .. ' ' ` - ,. • -if t} . " "-:1u�_m.. _ . . .
<br /> 7�[ � �;_.,_, " . ,, ,�,, y . ..�r+ ,.�;Y.:: . . �
<br /> ,� • �
<br /> ,.: . .
<br /> ..;,
<br /> .
<br /> „ _,,.__ _.�_._ _ _:,�. .�-
<br /> _, , .. . ,. . . .,
<br /> — ------- --------------�-- -_. ._ . . .--------�- -1 - —�------- -�---��- -----_ . - - '--...----------. ,�
<br /> � $�_�_� —""_..___"-..'.—____"___.__-_._ _ ._ .___________ _ ___ _.___'__- ' ____ _ _._. .. -__ _ � ___ _.__- ____.__._._.._ ______
<br /> - — � - j .k. . � .. �'.l' .. � �
<br />`.�� ��.��,'�'���.,r . • .,V V � • �
<br /> � �:iuktv.o�r:,.c. . _.._ .. , ° .
<br /> ,t: . . . • ,.
<br /> �� . • .
<br /> •.?.,..�..��..�� ,;.' .. . • ., �
<br />- __.- �___:�y�yb��? 1♦ . . ' " .. . ' � J �. . ..
<br /> --�+,".'�Sr:.'_ ;:+t�.. •. - - � . . '� � „ . � ' .
<br /> --��._��_v',�c.w �;� . . . . .. . � - '' " � •• - .
<br /> ---- --':iii:1`L+s�.:. _ '..,... . „ - , .. .. ..
<br /> --..ur_an' . - .� • . . .. , . . - . ... .. .
<br /> "'-_ �.�y'•. _ _. . . . �� r..x sa)•.f.�.,r � • . .�
<br /> _ -�:eaw.- ��'� .. . :_!.,�,'�;.wd,'>!ae.- ti
<br /> ' . ..U�. . .. ... � . . •� , .. � ..h:..,�J,p�,� L �. . � .
<br />,. a.,- f• _ _ ._ , .. , ' .. � re.�i�! i���� �
<br /> :.�� .�� 4 ^ ' . ..� v o . . - . °7L.7 t0.�\�-..�.�Ek . . .`• •. -
<br /> . �
<br /> � , •• a. . . •
<br /> ,.
<br /> .�� � ,. ,
<br /> � ' — --
<br /> _ ' �x �.....v. -.:,.-_ �.4-... .. _•_ . � -._.. �: � : .. " . , ' �
<br /> . , .
<br /> ,:t . ....�- ° �
<br />
|