|
-� ..
<br /> � ,l. � ; f � ``; _ - -
<br /> �. ; •..:_. .
<br /> � • - . . F. -- ':'-7'*' __ _ _ _ _�_ _-_". -_ _ -__-__.__
<br /> � ,
<br /> .-�.�'�' � ' . , , i � . . .
<br /> �. _�,�.:� 3.�...�:�: .�� �� � : � � �gl��.��26� . _- .
<br /> - ` cor�de�nnatipn or ether t�icing of any�rt of the.Pro#�er!Y.or for conveyance in lieu of condemnaaon.are heretr�y a+signed and , � ,
<br /> sb�l!be paid to Lender. . ' � ` .
<br /> [n the event oE a tot�l taking of tl�e Frope�cy,the proceeds shali tje applied to the sums s�Ured 6y this Security .
<br /> — lnswtmen�whetfier or nut then du�.witls 2u�y ezcess Paid tp Bocrower. In the event of a pattiaS takirtg of the Preper[y ai
<br /> w6icfi the fair m�rktt vulue of the Property immediatei}6efate the tul:ing is ec�:�at u►or greater tls3n chQ,amamt of the surns
<br /> � secured by this Security Insuument+mmediatety before the taking,unless Borrower and l.ender othecwise agree in writing. � —
<br /> . the sums sec�red 6y this Security Iast�ument shall us reduced by the amoune uf the proceeds muidplied by the foEGuwing.
<br /> fractian: ta)the tnta!amount of the Sams.��d�ed�az�Y befom the taking,dicided by(b►the fair madc�t vatue of the
<br /> -�- -- pra�Ry immediacely before the taiting,� Any baiancc shall be paid ta Botrower. In the event oi a partiai rakinD�the -�-�-—
<br /> Froperty in whicjt the fair market v�1u�of the Ptopetry immedatety befoie ihe taking is tess th;sn the:uttovnt of the sums _
<br /> 'secuc,�l_immediately 6efore the.takiaa onless Borrower and Lendet otfienvise agree in wsiting or unl�s applicable law .
<br /> - ` atherwise provides.the proceedc shall�e applied ta the sums secured by this 5ecurity Inswment whether or rtut the surtu are
<br />_` then due. -
<br /> �== If the Prope►ty is abandoned 6y Bo�ower,or jf.,1.ftec nnute by Leader to Barcower that the condemnor offers to make
<br /> an award oe seitle a ctaim for damages,Borruwe�f�its to respond tw I.ender w�ithut 3p days aftes the date the notice is given.
<br /> - Lender is authorited ta coUert and appiy the pmceeds.at its opunn.e'�thec to c�starstioq�repair o€the Roperty ar[a the .
<br /> .- sums secured iry thss Security lnstrumcnt,�vhether or not thrn dµe.. _
<br /> -- Unlcss l.ender and Bo�rawer othetwise agree in writiag.anY �pPlieation of proceed.s to principal shall nat extend or
<br /> � postpone the due date of t[te.monthlp payments refert+ed to ia paiagr�phs 1 and 2 or change the amount of such paymen�s. � !�
<br /> 1!. Borracres. Not Rete�sed; Fosbeasanee By I�ender.]Yot 8 Waive�: Eateasion of {he time for payment or �,,_�
<br /> modifieatioa of amonization af the suins secuied by this Secarity Instcumeat granted 6y Lender.to any succ�sor in►nterest �,r--
<br /> of Bosmwer shafl not operate to re[ease tlie 1'eability af th�original6orrower or Sorrower:s successors in interest.l.ender ,�___
<br /> �a�l not be reyuired tu commence pcviceeding.s agatnst any successor in interest ar refuse ta eatend ame for payment ar �_
<br /> # s. otherwise modify amortizatian of the sums,secured by thi�Security insuument by reason a€any demand made by the origina! . �-�_=--
<br /> s�.=_
<br /> , Borrower ar Borrower's•successoF in iqteresl. Ang forbeacurce 6y Lender in exereisircg ar�y riSht ar remedy shall not be a ��.,
<br />• � :;s� wuiver of or preclude the exercise af any right or�emedy. "
<br /> t�e
<br /> � 1L Sucetssors and Ass�Sns Bound;doI�lt.And Several Uability;Co-signer�. 7'f�e covenantc and agreements of this . �--.--
<br />: .'f .- Security Instrument shali bind an�f henefit the successors and a.s.sigiu of Lertder and Bnrn�wer,subject ta the pruvisions of �
<br /> paragraph 17. $orrower's ravettani�and agt�eements shall be joinl and several. Any��tmwer whu co-signs this Security ,'�`"
<br /> " ° . ,s, . ` ' -h�irument but daes not euecut�th�Note: fa?is co-signing this Security Instn�ment anlv tu mortgage.gran!and c4nv�y that . �,:�=_�.�.
<br /> Borrawer's intecest it�the Propeny under the tenns af this 5ecurity In.nrument; (b)is not��e�sonally obligated to pay the+um+ . ��1���•
<br /> �`+ secured by this S'►�zz�rity instrument;and(c)agrees that Lender and�ny other Bnsrower may a�ee to extend,madify.forbear .. ,;: `' �.�
<br /> •s�` �:i� , or�nak�,any aceammadations with regacd to the tertns of this Security Inaztument or the Note withaut that 6orrower's . ,::.c��'.;��i
<br /> :� ;�� ..1 con.�.�i��. .�e�,r::_=`
<br /> ••4«�.;;6; ��: � �3: Loan Charges. If the toa� secured by this Security In+teum�l:;�s subject to a la�v which sets maximum toan ��'��°—
<br /> � charges.and that law is finally interpreted so that the interest or other loatt:eE�rges coilected or ta be collected in connection � ,����
<br /> . ..�__. —
<br /> ' •with the loan exceed the permitted liini�s,Ihen: (a)any such loan charge shaJi'E�;edaced by the amount necessary to reduce ��_-
<br /> .'��. `- " �- the charge to the permitted limi�and(b)any sumw already crltected from Barmwec which exceeded permitted limits wiU 6e . ��.�,_
<br /> ' refanded to Bormwec. Lender may choase to make thic refund Gy reducing tfEe grn.cipat�wed under the 1Vote or by making a . _
<br /> F � •r^ !^�
<br /> . . direct payment ta Borrower. If a sefund ceduce.s principal.the reduction witl6e treat�d��.panial prepayment�vuhaut any :j:.^s- ��,:;; a;��.
<br /> � � " prepayment charge undec the Notr. ,;��, s,�,.:�.'��`'=-
<br /> :��' .,�
<br /> +: 'i,:' �.� , 14. Notices. Any notice ta Bonower provided fur in this Security fnstrumcrrt 4halk be given by delivering it or by �E,r;,,•,•. '°��:�.
<br /> ��� �� : ; mailing it by fint clacs ma4 unless applicable law rea;uiFex use oi another method.'i'he notice�hall be directed to the Praperiy `���'��;�°%±`.• '��;a;
<br /> ' ; ; Address or any ather address Borrower desi;;nates by natice ta I.ender. Any n�tice ta Lender shall be given by fint clast r • • . ��:
<br /> mait to Lender's addretis stated herein or;uiy other address Lender desi$na[es by notice to Rarrawet Any notice provided for •��� •r:�,�:
<br /> ���, � in this Security lnstnament shall be deerncd ro have been given to Borrower or Lender when given ac pmvided in thi� �b.; , � �'�-��_ �
<br /> - ; para�raph. 1
<br /> - �`�` 15. Coverning Law: 5ererability. Thiti Security lnsuument shall he govemed by federal law and thc !aw of the ��.�'
<br /> -f• ! jurisdiction in which the Propeny is tacated. In the eveni that any prc►vitiion vr ctauhe uf this Security lnstrument or the l�Fote , =.;=;;�;�.
<br /> l' �' �� - :� f. canflicts with appfic:►ble law.such canflict tihall not uffcct other pravitiions of this Security Insttument or the Nute which c�n ,. .�.�;z;;;._
<br /> �` 6e given effect without the confticting pmvitiion. To�hi.end�he parvicioas af this Sccarity Intitrumcnt and the Note are ,_;�;:.�,. ��^-�-�
<br /> , +� F-.�� ' � . deet;�'�d.ta Ge reverable. ,:�r".
<br /> �.'''"� �
<br />.�- - � t6. Borrower's Co Bocrower shall be �iven nne confortned ca oi'the Note artd ot this Securit In�.trument. �='�"�Y�� - '-
<br /> ` °' �`�'� 1Z Transteo of the Propcsty or a Beneftcial lnterest in Bosruw•er (f all or any�an of the Propeny or any intcrett in : �;'�•'�:`� �-
<br /> ' � � ''�` �'�' ' it is svld ar transferred tor if u beneficial intcic�t in 6onuw�K is sald ar transferred and Bvrrawcr is not a natural�erwn) � �`'
<br /> , �' -.
<br /> �� • '%� � without L,ender:v Friflr written consent. l.ender may,at it�optiun.rcqui�e immcdiute payment in full of ull sums secured by �;(�'�'
<br /> •:.'�,:;. : .
<br /> • :.,,..• ,-' "�. ��• this Security instrument. Nawcvcr,Ihis opti�m rhali not be exercised by Lendcr ii excrci�e i�prohibiced by federal law:�ti ni' , : ` _'�,,,�_�...'-,, �.
<br /> ' 3':�s� � �•. the Gste oi'this Sccurity Instrument. .
<br /> ;. �. .
<br /> • '°�'�� ?!• ' [f L en der exercises t his option,L en der s ha l l give Burrawer nu t ic e o P a c c e l e r u t i o n. T h e n o t i c e s h a l l p r o v i d c a p e r c u�f o F . .
<br /> `�' �. u•...��:: ,
<br /> !'�'� � ^��`'r' ' � rtaE I�s>th:in 30 days fram the date the notice iw deliverrJ or muiled within�t�ich Barraa��K mu�l pay all sums secure�t sr�tt�iv .
<br /> �„ �t,� S:rc.r�'.y Instrumen� If Botrower faits ta p:�y thc�c�ums prinr tu the ek�irati��n af this perind,L.�:nd4r m.iy iavoke any '
<br /> ��;'•, :��.�....;;:',, . •
<br /> `��� �'~ •� rzr.-��;es permitted by this Security Imtrumen�uithout furlher notice��r demanJ on Bonuwer. .
<br /> `�'�''` � �`� ' t$. Barrower's Right to Ebeinstate. Tf 8oranver rnects rcnain candi�iom. Burrnwet shall ha�c the rigM to have •
<br /> ; • �;,.•�i...�
<br /> ' , �,ti;: enfun:ement c�i Ihis Security tastrament diticontinued at :�np time priur tv�he�:�rlicr i+f: la►S days(nr ruch�nher period�s ,
<br /> : ... ,.
<br /> ; . • ,.,
<br /> �; ' -. .,. �
<br /> ._, . , . ,
<br /> : : ' � �'� A'�ii.�'..�..••,;.' � Si;.cicF:r.ndy•-knrtnle�ladFreddie�lar.t�4FURHt�S7RCSfFYP••Ih�ilorn�!'wcnant. 4190 rpu,irJ„Jhpu;r.al .
<br /> 1..• `j � '! .
<br /> I `{ . .��i,' ' f .
<br /> . }i�' . �
<br /> ` ; � ' -,: --�. .., _. . . .. . . ._ . . . .. �... •<:r -- . . � . : •- ,
<br /> . � , . . . . . . .
<br /> .. �� . � .. . , . . . , . • - '. �`
<br />. .pi� - �.. . . . ,. . . � , ..
<br />. .��Y.. .. .. . . i , - . . . . . ... . .
<br />_ _ �- _ _^ . .-.- - . -_ �_ -_ ' . .- _ _ _. � __ __ _ __ _ : . ..'_' . . _ ___ - . - . . - ;-' ..- _- � _ ' -�
<br /> .. . _. �•.���. ... .. : .. _ ` . . . . . . . .. .. . - .
<br /> _ - ._�___. _._.__....�__.�;..._._.___ . .� .. . �� . .' ""_ '_ ." -'_ _. . . _ . _. .._....'. " _ ' ' "' .. . , -"' . ........ . . .. . . .. _..._....__._ ..._.. ... .. __,_ .
<br /> . . ...... . .. .. .
<br /> ..
<br /> 1 �.�. . . -.'!. . . "'....__._._� . . ' . . . . 1 _ ' _ . . .
<br /> �
<br />. .. � ,). � . , . . . - ' ` . . . .
<br /> � � .. ; , . . . . I . � .
<br /> � .
<br /> �
<br /> , � . ,
<br />
|