|
� ,,t,:.
<br /> . ,•t:��,
<br /> � ��- _�e.S.� - _ '-r"Ae.': -
<br /> _�-_ _._._. ,. .. _. . . - �=it�IW1�rM��
<br /> • ;
<br /> � 93- io�e�o .
<br /> WY�+�Y!�����irod�at the aptlon af 1.awfar�I�mu�t��e inwnn�.ro rnven�e lin�he Npwunl�nd for the pKlod .
<br /> tbat Londer �aNira)Provided by en fnwrar�pproved by i.a�de�y�fn beoomoi wdluble rnd I�ablalned.8otrow�r�Full pry
<br /> the premiwnr�quirod to malnuln mon�o(nwnuioe in ef'fect,ar w pruvide r lo�rawrve.u�il the roquirwt�aM for awrt�
<br /> lnwr�noc erid�in uccord�noe wi�h any wriva��roarr�t betwan Bortower atd Lendar w�pplicabk I�w.
<br /> 9. Iaspeetion.I,ender or its agent may mdce na�conable entrk;uhan md iaepee�ion�of tho PropeKy. Lender�11 Sive
<br /> Borrower notice�t the time of or prior to an inapoctian�pxifyin�oawn�t►lo c�uee for the in�poct�on.
<br /> 10. Candemadbn•7'he Proceeds of any uwnM or cl�im for damaga,direet or coneequeMiNl� In connoctlan with�ny
<br /> oondemnation or uther Wcin�of any part of tho Pr�aperty.or for rnmaymc�e in lieu of condenu�xtion.are hereby assjWud u►d
<br /> ilu�ll be paid to Lendcr.
<br /> In tha evcnt af a towl taking of the Property,the proceeds shall be ppplied to the euma socurod by this Socudty Insuument,
<br /> whcihar or not then due.with any excess paid to Horrower. !n the evant of a partia! tnicir►�of tho Pmperty in which tha fair
<br /> markci value af the Property immediately befaro the teking ia equal to or greate�than the a�nnunt of the cuma securod by thia
<br /> Secu�ity Inshumcnt imrtecdiately beforc the.taking.unlcss Borrower nnd Lcndcr otherwise ag�a in writing,the sums securod by
<br /> ' thia Securiry Instrur�nc shal) be reduced by tho arnount of tha proceals multiplled by the fallowing fraction: (a) the total
<br /> I
<br /> emaunt of tha sumR secured immediately befora the taking.divid�ed by(b) the feir miuket value of the Property immodiAte y
<br /> � before the taking. Any balance shull be paid ta Hnrruwer. In the event af a purtiul talcing of thc PropeRy in which the falr
<br /> � market value of the!'�upeRy immediately befare tho talcing is kss than 1he nnwunt of the sutns sacured immediately before tho
<br /> I taking. unless Horrower and Lender otherwise agree ih�writing ar unless applicable law otherwiso provides. �ha proceEda�Iwll
<br /> be appli�d to tho suma s�ecurcd by thia Secu�iry Instn�me�nt.whether or not the sums are then due.
<br /> ._,,,�, If the Property is ehand�ned by 8orrower,or if.atigr notice by Lender to Borrowcr that the condemnor offers to make an
<br /> ` �' award or settle A claim for dumAges. Borrower fails ta nespand to Lender within 30 days after the dete the ot'o i�Q iv�
<br /> ,n,��•;:� I.ender is authorized to collect and apply the pmcecids,at its option.cither to regtoration or repafr af the PropertY
<br /> �.:�+� .,� secu�d by this Secu�ty Inslrument.whether or nM then due.
<br /> • Unlass [.ender and Borrower othecwise agrr.� ln wrlting, any application of proce�ds to principAl shall not eateid or
<br /> l;a� :� � postpnne�he du6 dntc of tha monthly puymenta�efcrred to in parngraphs I and 2 or chunge the amount of such peyments.
<br /> ;f•��,• � � 11.Borrower Not Released;Forbe�rence By I.ender Not a Weiver.Eatension of the time for payment or modi4ication
<br /> �`'���' �•. r af amoriizetion of the sums secured by this Serurity Instn►ment granted by Lender to uny succ�.•ssor in interest of Barrower shall
<br /> '�••.:� -•� ��� ti • �;,' nat opera�c to release the linbility af the nriginal Barrower or Bonower's successars in interest. I.ender ahall nat be requi�ed to
<br /> .�r.:�::!:,.
<br /> ;.,��. � ��,. comme�ce proceedings agains�any successar in iotereYt or refase to extend time for puyment or otherwise modify amortixatian
<br /> 'y:.�;:•'' � � '%:. �;, of the sums secured by thia Security Instrument b�� rcason of any demand made by tfie ariginal Borrower or Bonower's
<br /> �" '��'' '"' cucce.gsors in fnteres�. Any forbeurunce by l.ender in exarcising any right or remedy sfiall na�be a waiver of or preclude the
<br /> ;b�s,`•., ,' � ' ' �•. exercise of any�ight or mmedy.
<br /> ' • 12.Successors and Assigag Bound; Joint and Sevc�vl l.iability: Co-signcrs. The covenunts and agreemcnts of this
<br /> ' � Securiry lnstrument shull bind and benefi� the suaes.x�rH arnl Assigns of Lender and Borrowor,subject to the provisiona of
<br /> I° , , . paragraph 17. Bonower'x cnvenunla unJ agreement� shall bc Join1 and several. Any Borrawer who casigns thiF Security
<br /> � ' �; ` � Intitrument but d�ies nnt executc the Nou: lu) is co-,;igning�hlr�Saurity Instrumem anly to mongoge, grant und convey thut
<br /> � • „ BoROwer'x imuntst in the Propeny under thc tcnm of thir•Socurity Instrument; Ib)i.r• not perwnally obliguted w psiy the suma
<br /> . ,. securcd by thix Security Ins�rumcn�:utxl Icl u�rec��ha1 t.cmlur und uny i��her D�irn►wer may agrce 1��extenJ, mndify.fnrbear or
<br /> r make uny ucn,mnuxlutiunh wi�h regurd a�Ux�rnm of ihls�Se.vrity Imtn�mem ur thc N�HC wi�huw that&muwer's cansent.
<br /> '.• •' ''�r � 13.L�wn Char�ex. If Ute k►an�rruntil bp �hi� ticcunq� In�trumen� is wbject �o a luw whirh`et.r nu►ximum loan charges,
<br /> �.. . U+�.;�.� and thut law is timdly int�sR+r���d .0 �h:u Uie nnere��ur�nher luun chur�te.collec�cJ ur tu Ik rc►Il��ted in c��nnectian with the
<br /> .`, , .. Inan exceai U�e�:miiueJ limi�,, dkn: Ia1 uu�• wrh luan r�nrgr.hull txt r�JureJ Ny th¢anH�unt ncre�.ury tu rcduce the charge
<br /> P, . t�>the permitl�J limir.rnd Ihl u�ry�umti ulrcad�� ruU�Y���l fmm ti�muwer whirh rxrceJeJ permitled ifmil+will hr refunded to
<br /> �./ � ,�; , &iROwcr. L.enJcr muy ch�k,.c t�► mukr thi. rrl'uiKl by r�h,lurin�: Ihc prinripvl �►wcJ undcr thc N���� ar by making u direct
<br /> I� • � puymern t�� &�rrowcr. If � rethnd r��luce� pri�xipul, the R1IUClN►tl will tnr trru�eJ ux u paniul prepayn�ent wilhout any
<br /> ` �' ' � . � prepuynkm churgc under thc Notc.
<br /> ' .. !4.N�►tke�. Any nntir�•a�&�rrawer pra�•id.d li�r in dib,Scrun�y Imtrument ,hull tk given hy delivering it ur by mailing
<br /> � .. it by fint rlu�.�muil unles.•rpplicuhlc lua rcyuirc+u�r ul unulhcr meth�xl. The nutirc,hull Ix dirertctil tn Ihe Property Address
<br /> or any uthcr uJdre.ti Ei�m��wrr dc�ignatc, hy n�,ti.•e t�� Lendrr. Any n�riicc t�� I.euJcr ,hnll tx given by lint rlusa nwil to
<br /> �"� - �� l.cndcr'x uddm�. .tateJ hcrcin ur um athcr uJJre.� I.rnd��r Jr.i�!nu�c.by nntirc tu Ei��rruwrr. Any n�►tice providcd for in this
<br /> Sc¢urity Inrtrumcin.hull lk Jrrm�d a►huv�ikrn�ircn tu Hurra�vrr ur landcr when gi�c��a+pro��id�Kl in�hi.paragraph.
<br /> , ,. �, 15.Governinp I.aw: ticverabilit�. l'I�i. Sa:uri�y liutrumrm tihall hc ga��erneJ h}• ledcrul luw and the law of the
<br /> i ,, ; �•. "�".. ju�i�dic�ion in w-hfch Ihe F'n,{xrty i. I�k•utrJ. In thc rrenl ihut •rny pruvi�ian ur clau,e�,t'1hi.Securi�� In�trument or 1he Nute
<br /> ' :� " «��n�<<�W��i���►ni��uni�i:�W.wrh runllirl.h:dl nnt uu�t•� uthrr pru�•i�iom��f thi,krurit� In.trumrnt��r the Note which ran he
<br /> '� givcn efli�t��•ithout Utc ronllic�ing pry��i.iun. Tu ihi�rn�1 ihc pr���•i�ian.��I thi�Sc�urit. In,�rument und ihc Note�re dcclarcd
<br /> ' t��hc sc��crahl�. �''
<br /> ��'' ' � . 16.Borruwer'+c Cop�. li�irr�av�r.hrll t+e�:i�e�i unr c.�ulunnrJ rup��uf thr N„te anJ ul Ihi.tie�urit} In.trumcni. ��,
<br /> .' Form 3028 9180
<br /> ,.�
<br /> !�"� � 4n�n d�f•H
<br /> . �, :
<br /> Iir ' t.
<br /> + :
<br /> i� _
<br /> 1 {_ . • �_.. '_ _ r "'. ... . . ...-�o'vt��«c.: .. ... . . . .. . . . . .. .
<br /> �- , . -;-._.--- . � _ �- --� , . �- � - - _ . .
<br /> �.- � t . • .
<br /> �r. . , . . . ���.i���� � � ' .
<br /> '.• . 1 � .1� � �� - r � .
<br /> '��'�ti •�+ � �1 + - - ' - , .� •
<br /> .�, ,� ^��' :.1'.. ,y:. �l.'. �,
<br /> tl.,``. , � ' r �I'��;:1�' � ' . . . . � _. • �
<br /> 1 �� .`;`I'ri''.�. 11'•�T,:��1'�i, ' . ' . •
<br /> � S� - . . .L � ..
<br /> r .;.
<br /> ��1� '' v `
<br /> + � � i
<br /> i
<br /> .,. �
<br />
|