|
� r�� ..: "' �;^( __n r -. � �.t 3 :
<br /> ��q , _' -_aU �L� e _ — _
<br /> .� t� . r � . - � r o -
<br /> f , �� .�L�\�IR ��'! � J' � �F7�_�v�.�.�.•�� ...
<br /> i.. i..
<br /> �r YYYbit.ILU��..:A.w�la[�Ft( .....�.��..� �n.�.. a��_- A_ �y�_.�'y.. .....1 � � l�,.
<br /> r .irtr 93��ro IV f� - .
<br /> au6suntlollyequivplent nwngago Insurasa covomgo Is not avqileblc,Borrowcr shell pay ro LeMcr�acb mobih e aumequni ro
<br /> one•twelfth o(fhc yrnrly uwngago Insumnco preminm bcing paid Ay Borrower whM the Insurarke coverega lapr�ed or ceaseQ to
<br />_ ____ Ise�n effec�.lRnder wlll acttq,ufo aM relalnahr�sop mems m a loss reservo in Iiw of mortgage Insurence. Los� recerve
<br />----- p+ynxNe n�ey no longar bercq uir�d,p{�itp op Inrt�oB�nder,if mongage insurairco mverege(In�he amount pnd foe�ho periat
<br /> --- Ih�t l.endcr requlrta){irnviqed by pn fMVn�('�p f�1v , by Lender again bccomw evailaDlo and Is oblained. Bomoww shall pay
<br /> iho premiume«quirM tu nulmain nwtlp4ytll�S�osC.(9�cfku,or to provide a los�reservo,untU thc requlrement(oe mongnge
<br /> v:�°;�;";� Insuranw eida In ncwrAanco wllh any�vdlmn npn:emont betwe¢n 6orrower end Lender or epplicable lew. '
<br /> -- _� V,fMpMllun.l�cndc�o�Ili ogCnl rony mnkc rcesonable entriw upon end inspections of the Ptoperty.LenAcr shall givo
<br /> --=-_�=--= tiorrower nal!eC nt tlw Unq nf ar pdnr ro nn ItlspCctlnncpmcifying reasonebla ceuu for�ho Inspection.
<br /> - -� 10,ConQemneib��.'fhe meeCtl�nf�ny ownrcl or elelm for damages, direct or cansequenlial, in wnneuion wi�h any - --
<br /> --�ad�"4i� „.._. .-...._... . .
<br /> �rt wndemnnllon or dher Inking n uny part nf qio Propcny,or for wmeyenco In Iicu of condemnation, are hcrcby assigr.cd and - -
<br /> , ._ Fhall ba pnld ro LcnAcr,
<br />�.;�r,;;.:,;_.7 In�hu evcnt otn ioial�aking of�hc Proprny,tl�a p�ncads xhnll bc epplfed lo�ho sums scared hy�hie Security Insuument, _—
<br />_ - �n . whMher or nnl ihen due, whh nny exccu pald tn Qurmwcr.In H�a event of e panfal �akfng of�he Property in which the feir ���--
<br />_,�;;'.';-,;;:;.-:: mnrka valua ot ihu Propcny Imnxdiniel�bcfnro Iho lnklnp fa eqnnl�o or greater lhan t6e amount of�ha sums securtd by thL� �rrw
<br /> y�,- Saurity Insuumem imnudfaicly heforo 1�e�nhlny,imiuss Aurmwer and Lendcr mhenvisc agree in wri�ing,thc sume ucurtd by
<br /> _...� thia Secud�y Inwument �hall lu reclnccJ 6y dio umnum of�hn proxeds muliiplied Ay �he following Gaction: (e) �he torel .`r
<br /> " ' emount of�ha sunG��ecur<A ImnkAiaiely befnro dm mk(np,divicied by @) �he feir mnrket value of tho Property ImmWiately �'=�:�---
<br /> �- � betorc tho taking. Mry halanco Rhnll IM p�dd ta Onrnnvcr. In�ha evem of e par0al �eking of thc Property In which ihe falr -` "= _._�
<br /> ,�� -T.! markcl valua of iho Propenp ImnkAlaicly befnra dm�nking(s luss�han�hc emount of�hc sanu secured immediaicly before�hc ,?ra_ �'
<br /> � , ;� �eking,unless Ootrower and I.ender olhenvl�.0 oyro�in wiitlny or�unless epplicable Ia�v othernise provides, ihe proceeds shall '-� � — -
<br /> " be oppiled ro�he numa ecwreJ 6y Ihi�Sandly hulnimcni�vhe�hor nr not the surtu arc lhen duc. �. t�� '� =-
<br /> ' ��"�' If Iho Pro n I�n1�anAoncJ b I3nrm���er,nr IL nflur nnilcu b Lender to Uovowcr�M1a�tlu rnndemmr offcrs to make nn ��'- ' --
<br /> P� Y Y Y ii"-
<br /> � '�± awaM or sctdc e cialm for dama e.a, parco�ter Odlx In rotpnnd tn Lcndcr wiihin 30 dnys afler the datc the no�ice b given, _<
<br /> t3i -_ " Lender le authnrized to coliecl e�npply the pm«�.Wx,nt iix optinn,eiqmr lo reslom�ion or repair of Ihe Propeny m lo�he sums �,�_ � ._
<br /> y ,.,��.. secured by�hi�Sewdty Instrunxm,whc�hor ar nm i6en d�ro. ��.� ;
<br /> � :_i Unles� Lender and Borrower mhenvlRO upn:c hi wdtinp, nny application of praecds �o princiPal shell not ezlend or )�{
<br /> �j posipnnc Ihc due dale nf thc manlhly paymcnl�:rufmrcJ In in pnroDmp F 1 and 2 or changc�he nmoum of such paymcros. . '
<br /> 11.Iiorrower Nol Rdcnsedi Rnrlxarance Ily i.cnder Nut o�nlver.CRtension of ihe timc!ar payment or ntodilcn�ion :`%':_�����-
<br /> � `i,-,� of umnnizmlon of Ihc Fama r.ecur.d 6y Ihix Sttvdly Insuumrm gmnled hy Lcnder�o any sn�ressor In Interest of Dorrower shall -- ;_
<br /> - nol operale lo rcleasc ihc Ilabfllly of�he orlylnxl flartmrcr or Qnrrmrcr's successors in imeres�. Lender shall not be requlred�o �.
<br /> ` �'- ' "-' commenco procetdings ugainxi any succes.nr in imuruit nr rufnra ta extr.nd�ime for payment or othernise madify amm�iza�ion �';'�%-�.' .j: -
<br /> �,.' "i " of�he sums sccured hy �his Securily Insuumnn by roasnn af nny deme.nd made by the original Dorro�ver or �orrowcr's _: f•:_:;r;,Y.�_
<br /> ' suceessors In imercsi. An forbearonco 6 I.endur in oxonl�in nn d hl.or remed shall not be e waiver of or rcclude the ��.'�=����'+�:_...
<br /> , . .' Y Y C Y 0 Y P � __.-
<br /> - exercise of nny dght or rcmeJy. ; t ..
<br /> �'� 12. S1�cmssori nnd Accigns Ooundt JnInI untl :icverol IAahlllly;Cn•slsncrs. Thc covenanls end egrcemrnts of �his ',y?':�s�e..
<br /> - ���-. Secarity Insuumom shnll bind nnd Ixnell� �ho Rm�r�rnm und osslync nf Wnder end Dorrower, subject ro ihe provisions of ,°, y����,?'�,
<br /> - - �rs;r.;h !?. �±^::oW:r's mrtix^::ts a�! a;:r:r.i:r.ts s!i�!1 !m;ninl ami s:eerel. An; �^r.^w^r wh^ �^_-sigrts ihis Secu!i�y . .• . . -_ °
<br /> . aslrument bm daes ncy exant¢ Ihe Nole. (n1 I.a�•nlynlug Ihl�:Ye�vd�y InclrumeN only m mongag0. gmm and convey thm F�•r fi�:��� `
<br /> �� Dorrower'x Imcnel in tlw Pmpeny m�der�he i�mu nf ihle 3wvdiy InslnmicnL•(b)is not perwnally abligated ro pny�he snms � �'`. `v -
<br /> •,.. �•.�h ��::,��,,F i:,
<br /> securtd by�his Securlip Irtarwnem;und(c)ngnt�tlixt l.ender nm1 uny olher Ifarro�ver nmy ngrec�o ezicnd, modi(y,forMnr or �,��t;���r$j �;..
<br />-?�- �' mnke any accommndailons�vlih rcgnrJ In Ihe�ernu af Ihl�.tiavd�y Imtrmnem or�he Nom�viihout�hnt Bovon•er's con.um. ��i�`�Y���"�:'; ��
<br /> 13. I.oan Chnrgee. If�he loan aecnnd b}•�hi.Saudiy Imnwnem i+sublec� �o n la�v tvhich sets maxhnum loan charges, y 9+i '�- �� ?�}:��
<br /> - '- nnd �hm law is finnllY Imeryn�eJ sa�ha� �he Inlrroa ur ad�rr lann��hargea�r>Ilec�ed or m be collected in wnneclion rvith the ��.'�,t?,�,ny�.i; �. .;.-..
<br /> _ lo�n ezceed�he permut¢J Ihni�..�hen: (al uny+ud�Inan rhnrNe.hnll he rcdncal 6y�he amnnnt necessary ia rcdum ihe rhnrge ,"r.f +Fr'- -���_,,:
<br /> �o�he pem�lued IimIL;md lb)any anm+:drcadp cnllirk+l lium R��rtaxer whkh exceedal permiucd linnu will be refunded�o i:; ' , ,t` � L°�+=
<br /> . 6arrower. Lender mny ch�xne �n make �hl� roNn:l h}• ndnrnip �he principal mveJ under �he No�c or by making n direct j.,- �i�,��� CJ�{::: 'i�i;:;
<br /> � mem to Rurmwcr. If a refmid itYllitt� dncl�aL �h�� rtdueilnn will hc vunted as a aninl rc � ment wfihoul nn - ,� -
<br /> ' P•Y P 1 P P P•Y Y _ ,� � �a s.-C. .
<br /> prcpnymenl c6nrgc undcr�ha Notc. :r�
<br /> 14.Nattca.Any nnticc m Ik�rco��cr prmidid fnr m tld.tic.nid�y Imuuincro shall be given 6y dclivering it or by meiling ✓ '�=.. __
<br /> ' u�y rrs�a�u��n�u��,i�s,����i����ni� la�r rcqnitv.u�r of unmhrr mriluxl. "fhc naiim shail be direacd�o thc Propeny Address '� `'
<br /> ..�.... �'.,:
<br /> '-.{���.�; or nny olher addrccc Oorrnurr de�ignaie. hy nmk� w Lrnder Anp nmice m-Lrnder shnll he given by first clazs mail �o -:,.�,.-°,�-,y ..
<br /> . . I.ender's nddre�s smmd henin nr;nry uthrr ndJm�v I.endrr dc�iytuau�6y nmlu�u Unrmn�cr. Any naiice providcd(ar in�his �';,-�j; .i:;�`:i;';-;i�
<br /> , . t:: -
<br /> - ' Sccuri�y insuumcm.hnll be deemeJ io h:nr hecn givcn w Ilwm�mr nr I.endrr ichrn givcn aa prnviJed in this paragmph. r,.� .".1`";.':}��;:-.__
<br /> .�:- �.. �,..
<br /> .. ' -':.' IS.Coreminµ I.nw� tieverahllll}�. 'I'hl. SA7uily Immum�m ,Imll be gmnmeJ by fntcral law und thc la�v of Ihc b`.ti`..tGkt.Skt•�.'.S�_�--
<br />--°.a;"��.":'.%` urisdicuon m�vhich�hc N'o ny i.I�xn0.tl. In tiv rrc�n �hai:m nm�luun ur cLw�c ol ih�+Sccun� In+trumcm or ihc No�c s�i 'l,';F.:�;{�(��s-. ..�-.
<br /> J P� )'1 Y I;,�A.`.� ;_, ,..
<br /> _ ronitic�s wiih npplicoAlc law.sucli�ronllie,h:dl wn ufli��t uihr�prm�i.mro uf�hi�.5tsuriq•In.uwnent or�hc Notc which rnn 6c r`;���4(�i_'i�}�1y ;__:
<br /> - -- given efkct�vi�hnm �he rnn0icting prnrivnn. 'Pn ihi�rnJ�hr pwrivnm uf tliit Sa�nriiy In+lrument uixl�he Nnte nrc dedareJ t i1''��rStf i��
<br /> - la hc scvcruhlc. t{,Fi'� �t°-•-. �
<br /> 16.12o�ron�cr'sCu r.fkirrmrcr.lr.dllx •ncnanca�minnnnlmi-ullhrNu�ranJ�dlhi�S�turit InnlrwucnL "�""�;P��� •
<br /> 17.Tinuster ut�he hm crq ar n Ilcnetlr8d Inlrm.l in Ihnrmi�r.I I ull ur:m �an nf�he Pro n•ur un imereti in i� { ;' �irP�{$t}J , � t.-
<br /> V 51 P S Y 1ri � �� ., i
<br /> is solJ or IrarofcrrcJ(or if a hcnclicial im.rca fu Bmm�vei i..�dJ u�Imudwr.d mul Rnrro�o�r i.nu�a namral pcnnn)o�illtoul ' 3ti� ..7 ;t� '-
<br /> r . l.¢ndei s priar �vrilten amxnl. IAnJ¢r m.iy. :n �P upuun. ir��wic umunh:nr p.qmrm in full of all ennn secured b)� Ihi. ,.i.l•. . ry .;,;?�+.,` ��
<br /> � .' Sccuriiy Im�mment. Nnwcvcr.�I�i,��punn.h:dl nni br r�rirn�+l q 1 rndrr ii e�:�rnr n prnhihiicJ 1+� fedcr:J lam:u of thc Jaic �;�.,.'�:' :•.�.,..qy
<br /> of this Sccurity Inslrunum. .,,,:Y�r','k..
<br /> � � ' If l.endcr cxcni.cs�hi•upuon. Ix�xkr.hnll gnr Itnnunu n:�urc ui a�.cir�.mon. fL.nmi.c•L:JI prnvidc a periid of nnt - i?i =:
<br /> . . ICSS Ihnn 30 day> f�om Ih¢dalc Ih¢ nul�:c f�di�lnanl ut niaJul ��nluu nlud� Ilwra��cr uw+t p:q� :dl .wne+ccur.J M1y �his I- . . ._..
<br /> . � - Sccurily IntlrumcN. If Borrmrcr(ail.lu p.q tln•u�wu, pu�n ui ih� r�inimwn nt�lu.�a•mkl. LcnJ.r may invnk.any rcmcJies � .. .
<br /> . . , permiucd by�hi.Saurny Inarumcm x nh,nn Iwdin uuuc.ni d��uanJ�m Itnnno.�i � - ' .
<br /> " . I6. Itorm�cerb Righl In Nelnrh�le. II Bmnn�r� m;rn .:nu:u :unJnwn.. 1{urroxcr diall hare �hr riFht tn h:n'c f - .
<br /> . cnfoRenlenl o!Ihis Scavril) IntlNinCnl JhCUUlllu�c.l dl .u�f Inllt pu�n 1�� �Lf f.uhCr ��I 1:11 S J:n'. (�u+uch niher �lcritxl 85 i . ' - -
<br /> . . - applitahlc laa� m;�p �pccif� 4�r rtm.�atrmrnb hc6nc .aic ��i �hr 1'nipnp punnam w an� ryn�¢r nf salc cnnlaincd in Ihi� -.�
<br /> . Sccunq Imtn:mcnL or�h�cmn nl a iuJfmnn cnlmrnq�tLn�r.��un In.umu,m Ih.�.c.�,ndawn.arc�Lal I3nrrnecr lal p:n. f y-';
<br /> � IsndCr all w�m which �hen��oulJ br Ju.mi.l.r Ilu, \.tunn Inamwun .urd�hc \..ir.n d nn:�r.cicr.qwn haJ�rcnrrttL' 1h� _
<br /> ". curc>any dcfauh nl a�l}' ulhc(a�nvn:tph u� .�plCiiu:nl. �:�pn. .JI i�prn.c. ui�nucJ �n culirtcing Ihi.Scculil\' �iblN�llPitl. � �C��
<br /> � . incluJing, bul nnl InnilcJ In.�cno�r.Jq.auum:�: lir. .uni i�l� Idi:..u.L a,m�u a. 1 niJ.� ma� renonahl) rcyuire In as.nrc � `^
<br /> . .. ihal lhc lien nf ihis S�curit� In.�mmcuL 1 cnJa'. nFin, m ih. Ihnp:��� auJ Ibv„n�n'.,�LLF.m��n m p�� �hr wm..c.urcd h� - ''i-.
<br /> .
<br /> _-__ __'-___. .�:_ o__._.. ._.._...._... .�_�� __......_ ... �. __ � � _ . .... . '_. _. �_ �....... . ._� .
<br /> . .�... r.._...... �.. ._._..... _ .�.. • ��
<br /> _. . _ ,�.�� ....,....� .�....,,.�..... ,.�.�.. .,.�„���... ,..�,...�.�... . �..... �................. ... ............. ..... .......... ............... ...... .... ..
<br /> • � . . ubliga�ium xcureJ hcrehy.L:JI rcmam full� cll��v�::n d u.�.�..,l...rmu h.�J.w.wi:J Ilm�r�cr.tln+ngh�In min.latc�h:Jl . '
<br /> � ` nul apply in thc cax af arnlrra�mn unJ.r pam��apL 17 .
<br /> ' �� 19. Sale o( Nale: Chanpe nf Lami tienkcr. Ihc \,n: �n a p.�m.d m�nr.i m ili: Vnl: tlngrlhcr �vih ihi.$cruriq
<br /> . ���[.- � Imwmrm 1 may hc.nW on.nr marc tunr.n nLow pwn wnue���ll�uu:u.i 4..dr m.n ir.uh m a d�angr m iha tulii� dnaun :..
<br /> , " _ :i.lhC'Iwr,mSCnircr'11h:naulkcl.m�mihl� p.nu�,'nnJu:nu:uilc \alr.mdtln.�c.utmhnunnu�in Ih.•rr:da�ma� hcnnr }.��-
<br /> . ' nnnore changa nf thc IA�an Scn rccr uurtl:n�d lu a.alc ul Ih� 1�n: II ILc�r i.a.h.in fr ul ihr I n.m ticn�crr. Ifnrrmccr o ill hc __
<br /> - .' ' . giren a�rillCn m�lirc�d dtc diangc fn a..nrJan:r w uh pamptapL N :d�n:.m,l apph.a6i.I.m 1 hv wm.r�ull v.nc Ihr n.mrc anJ , .
<br />���� . . addn��of Ihc ncx• I�wn Srniccr anJ Ilu aJJrr..I��eh�.h pa�ntan..L�nJJ I., m.i,l. I Lc wni.:udl :J.0.,nnaln am olhcr
<br /> .. infomuiion rcyuircJ 6y appli.aM1ic I:m�. �
<br /> ., � '_-� '. 10. IIAiEtdaOS SubsLmcl�. Bnrtoocr .6all ind r.m.c m prunn Ih: �n:.:��,c �nr �h.�.�..J_ ym.ifr. �q rcir.nc nl am
<br /> ::(' :r Harardom Sub�lanar. on or in Ihr Pm�krry�- Bnnnoar .I�.JI nu� �6�. uui .dlo�� .m�„nr .I.r u� Jo. .nniLmg :di��tmg �hc ' _
<br />– , Pl0�lfilY 1�101 Is 111\it��I111O11�l(:111)' �lp\If��Il10C11t.11 �lU -��IIC rlha����i�' 1�\0 .fl�l[mC..h.dl wq .�����I\ lu IIIC��It.fll:t.u.G Ul �
<br /> stnngc on lhc Pn+�xn�� af wtall yuantiUra of Il:v:ndou.ln4.lamr.ili.d .ur Frnr�.dh in.ry•wrcJ In I�r ap�nn�m:nc�o uurm:d -
<br /> �. , residcmial u�c>anJ m m:�inlcuamv of Ih¢Pnqkny .
<br /> . � �� �� .' �..� •. Pom�302B 9�80 i '
<br /> � _ f _ _ - --� -
<br />
|