|
L _ ._ .;`K�% f'
<br /> �� �.����i1��y' �•
<br /> tli '
<br /> ' .�:� . n�.:. ♦.. •�p� _..
<br /> .. :� . . . . n. .. . . v�
<br /> � - .� ,,;,.,.r. w...�� �
<br /> .��.u�Yi� d'Y
<br /> «"�.. •�.ri�1�I.i�FL':., . � __
<br /> 93• lo�s��
<br /> �s , . .\ ° 7. P►at�allon o! L�d�r's Riphts(n tl►�Prop�rty.H earowx taY.to p.rform th•aov.rw�a�nd�pr�rMna QonWn.d b thw
<br /> �+) � . � � g�qwMy In�Uummt� a 1h�n b � Ipd P��^Y« �Y ��W�f(�ot Und�r'� dphU b tM ProP�r1Y (wefi a � pooMdnp N
<br /> ,,� r�. '." ','� ,"� . WnlQUptoy.Prob�t�.lor cond�tian or lal�un a to�nb►a kw�a npuMlbn�)�th�n Undr►m�y do�nd pry tor whN�vr M n�wy
<br /> �_ ,.� �:.��, �.,..
<br /> -.�.- ' . » x to pW�ot th�rrw ol Ih�PropMty�nd Undw'a dphb In th�Proprty. L�ndv's aWons nwY bolud�PM�O�Y wnat ua��d by�Wn
<br /> . �,�j. . � wnbn n..wlo�M�►ovw u�i.9.cuNy In.t�,�n.nt�appw„O b c�+. P�f�Mw��•�coma'.b...na.nwU� on th.Propwq►w m�k.
<br /> . " , npdrt. ANhouph L�nd�r nrY t�k��atlon und�r Ihb pmpnPh 7�L�nd�r don not luiw to do�o.
<br /> .� . . My�mounit disbua�d by Undr undar thb p�►�Yn�Ph 7�IwM Mcoms�ddlGon�l d�bt of Ba►owK a�aund by ihls SeowftY M�trwn�nt.
<br /> �� ' ' • tJnlas BonowK�nd l�ndw�yrM to othK twms d paynwnt.d�s��mounb�IW bw InUrMt kom th�d�U of�bun�nwlt tl tM Not�
<br /> , ' .. �:��nd ahM be psyabte.wMh InteraL uPon naYc�from Undar W Ba►ow�r n�NaUnO P+Y�t.
<br /> , " , • , 6. M�� M�ura11C�. tl L�ndK nqWr�d mat�p� {nwrana u a oondklan of mddnp th� lan �ec�u�d by thh S�ourltY
<br /> �. Mstrum�M.8orcower sh�1 Wy ih�pr�nlunu nqulnd to m�YrtaN�Iho moRyrpa inawana in d(�ct. If.for any n�son.th�malg�p�inwrana
<br /> � eov�nps nqut�d by Und�r I�Pus or oMSp to be In eMd,Bortowar shd p�Y ih� pnrt�lums n4ufnd to obt�n eovsnp� wb�fantf�My
<br /> � ..
<br /> , i . �quivdwd to ths martp�pe Insutince prwlousy M �Ited,�t� cnt subsLnWiMy�qulvaNnt to th�aoat to Borrowr ol th�mottp�p�Inwana�
<br /> • Prwlousy In �If�at, irom �n �It�ta matpR�e fnwnr�pprowd by Lende►. M sub�t�nt{�W squN�lwd mott�pe Inwranc� eov�rape b not
<br /> .. ��, "'!r��'1 '�
<br /> � �vaWbk. eo►►owa .n.0 wy �o �«,aw Mah monih � wm �qwl to on�/wNnh ol th� yMrly mort��e Insunnc�pnmlum beirW PaW bY �ti:�,Y�:. t
<br /> , , .,; ' . Borrow�►wh�n th� insu►�nos coverape Yps�d or a�aad lo M in M(�ct Lw�d�r wW �ea�pt, us�and M�In tha� pnymmis �s o loss -
<br /> ' rpww in p�u of mortp�p�Nsunnd, Losa ra�rv� pay�rrnte mwy no lonyu be roqukrd. �t the option of Land�r, N moAp�q� insuranw :'
<br /> �:• ` oowrape(In th��nount and for the period th�t Lender nQuires)provlded by�n inauror�PProv�d by I.aider�(n Mcom�s�v�bl�and is �� •
<br /> m�
<br /> `.. o b W n�d. B a rowar sha/ p a y the p r s m M�ns nqukad to m�int�in morty�ge Insurance h etf�ct� a to provWe � los� reeav�. unW th�
<br /> 1 batweeo Bonawer and Under a�ppAaibk law. •��..:'h.:�a
<br /> nqukanent fa morty�ye inwrana�ands In�ccord�nae wilh any writtan ayraemen , „w
<br /> hk �nkiea and Nsp�ollons a1 the Ropaly. l.�nd�r shaA Yv� BortowK �
<br /> , 9. IP�sp�otlOf�. Lend�r or Its��ent m�y mYce raason� �
<br /> notlee�t ibe dme af or prior to�n lmpeatbn apeclrying reasa�le ause 1or the Inepeqion.
<br /> . 10. Cond�mndion. The procNda oi �ny �w�rd a cl�tm br dartMye�, cflreol o► consequentlN, in connsoUon with any .,��%` .
<br /> ..., �n0 �� �nd �h�U b�
<br /> ' condarm�tloo or othw taklnp of mY pert of �h�PropeAy� or fw aonrqanoo In Il�u e1 cond�tlon,an h y tl�nsd P� �
<br /> '�,.,.
<br /> to Lander. :.:"' ..`;.`
<br /> � In the evont at a totd Wdnp of 1hs PropeAy, the procads�h�A be appU�d to tha awna s�cu►ed by this S�curity Inebument,whethK w
<br /> not then due,wllh any exceas Mid to Barowa. In the went ol� prtfallaWnp of tAe Propety In which the idr muk�t wlue of the Propary
<br /> Urwne�N�tey bMore the UkN�p is eqwl to or q�tar th�n the amount of the aums aecured by this Sewriry MetrumeM Immedwtey befon lhe
<br /> Wckip, unless Bortowa►and Lender othe�wise p�e�In wtttlnp.Ihe suma aecurod by ihis 9ecurily Instrument afuN b�reduced by ihe anount �. •.
<br /> .: ,s•��..
<br /> ot ths prooeeds multlpli�d by ths foNawlnp haetlon:(�)ths total unount the o1 aums aecur�d Immsdl�tNy belon lhe Ukkip,dNld�d by(b)ih� � t�,.' , �.
<br /> Wr rtwk�t vdue of the Property Imm�diatdY b�lora th�Wch�•MY bua^�° ah�N bs p�id to 8arow�r. In the Nent of a partlN Wdnp of ih� ; ,.
<br /> Propaty N whlch the fak muket value of Ihs PropNty Irnm�d(aNN belore the t�kirW Is leas th�n th�amount oi the sums aecurad Mnm�dl�taly � :�+
<br /> betas the Wdnp,unkss BoROwr and L�nd�r otMwie�eqree In wrbing or unts�s+�PpYable I�w othwwias provlda, th�proeMda sh�M b�
<br /> - _ �ppYsd to th�wms s�cured 6y tAis 8�cwNy Imtn�ment whethx or not the sums are then due.
<br /> • M ths Propaly Is ebaridoned by Bortower,or M,aQar noUce by lender to BoROwer inai ihe condam��or atias to ir+aka an swart!ar�cltic
<br /> a cWm fa dam�pes, Borrower hWa to reapond lo Lender wNhin 90 d�ys afla the�dat�e;�hes�a Is�g�bY� i����t�eoll�� �
<br /> . appy ths prooeed�. �t fla opUon, eilher to reswratlon w�epelr ot th� Prope�ly �:'��,,�,.. .
<br /> or not then due. ���-:', ... .
<br /> i +�nxti��,�.r �
<br /> � Unleas Lende► and 8orrowe►othawlae ayrae in wrilk�g, ony applicaVon of proceeds to ptinclpal aMN not�xxtand or po�ipone tM du� �'� �. �,:,� ,,;'j
<br /> � data of the monthly p�ymeMa relened to in pangraphs 1 and 2 or change the amount of auch payments. �
<br /> ' 11.Bor�owor Not Rol�v�d: Forbaaranco By I.ondar Not a Waivor.Exlension oi the time tor payment or modiAc�Uon � ..,,,�t��•
<br /> ; oi�mo�Uon ol the sum�sacured by lhis Suu�ity Instrumeni prwnted bY Lende►to�ny succeasor In Intenst of 8orrower ahnW not operats ` .:; S: �
<br /> I to releaae the II�bWty of the orlyinal 8ortower or Bortowe►'a successors In interest. Lender sh�Y nol be roqukad to commence proceedinya ..;.,1
<br /> �qdnsl my auaoessor in IMer�al or reluae to aRend time tor p�yment or othervviae modify amaUzallo� of the aums aeared by ihis Sacurfty ' "
<br /> ,� '� UsUumenl by reaaon of any demand m�de by the orlyinal Barower or Borrower's auccessoro in Intrnst My totbarana� by Lendar in ��'#�� �
<br /> � � � �xerdsiny eny dpht or remedy ahall not be a welver of or preclude the exercise of any dght or remedy. : - �� �
<br /> 12. Sueeoa�ors �nd l4�aip�s Bound; JoiM and Sovoral UaWlity; Cowl�no►s. The eoven�nte end aqraemenis oi
<br /> . �'�' ' this Security Matrument sh�p bind and 6ene111 the successora ond ossigns ol Lender a�d Bortower. subJect to the provislons of paragraph ' ° � ;.
<br /> , 17. 6orrower'a tovenaMs �nd agreamonls s1uN be Jolnt and aeveral. My Bortower who co•slyns thls Seaufty Insitument bul daes not � . . .
<br /> '' ' execute the Note: (a)Is co•eignlnp 1Ms Securiry Insirument ony lo mortgape. pront,and convey that Bortower's Interest In the Property under
<br /> the terms ol Ihis Securfly Instniment;(b)is nol personaqy obligeled to poy the sums secured by thfs Security Insirumenl;and(c)egrees th�t
<br /> Lende► and eny other Bortower may agree to extend. modify,lorbear or m�ke any accommodaGons with nqard to lerma ot thls 3ecurily
<br /> • ' Inatrument or the Note wilhuut ihet Borrower's coneent. �
<br /> 13. lApn Charge9. IBhe loen secured by thls 3ecu�y Inatrument is subJect to a law which sela m�imum loan aharyes, and ihat ,����;, '
<br /> ' law Is flnaUy Interpreted eo thot the interest or othe► loon chorges cdlected or to be coMeded In connectlon with the lo�n exceed the
<br /> �, permftted IImNs,then; (a) iny such lovn charges shrll be reduced by the emount necessary to reduce the clwge to the permfUed dmlt: and
<br /> i , ��. ,
<br /> , ,•� • (b)any auma already colketed hom Bortowar wMch exceeded pemdlted Nmfts wiA be relunded to Bortower. Lender m�y chooae to mwke
<br /> this retund by radueing the principal owed under the Note a by making a direct paymenl 10 Bortowar. If a retund reduces principal, the .
<br /> roductlon wlll be Ireated aa o paAlal prepoymeM wilhout e�y prepayment eharqe under the Note.
<br /> ,�� 14. Notlea9. Any notice to Bortawer provlded for In IMs Security Instrument sheN be given by deltveik�g ft a by m�iWng it by flrot
<br /> ciass�rwN unlesa appflcable law requkes use d another method. The �ot�e shaU be directed to the Property Address or eny other add►eas
<br /> � Bortower deslynates by notice to Lender.Any notice to lender shdl be given by 11rst class maU to Lender'a address stated herek� or any
<br /> other adckess Lender deslgnatea by notice to Barower. Any notice provided tw in Ihia 3eeuriy Instrumant shall be deemed to hava bean
<br /> � qlven to 8ortower or Lender when givm as provided In ihis parayraph.
<br /> ' , 15. Qiovarnfn� Law: SovYf�bility. Thls 3eaxNy Instrument ahall be govemed by iederel lew a�d the law of the �urisdidlan In
<br /> wh�h the Property is located• In the event tlut eny provhlon w clwse of this Security Inatrument a 1he Note condicta with applicable kw.
<br /> ' auch conflict slull not eqect olher provlaions ol this Secunry Instrument ar tha Note whfch can be gNan e(fect wllhoW the conAictlng
<br /> hprovislon. To this end the provlsions of Ihis SeeurAy Inatniment and lhe Note are declared to be severable.
<br /> � 16. Borrowor'S COpy. Bonower shaN be given one eonlomied copy ol ihe Note and oi this 3ecurity Instrument.
<br /> .( �7.Transfor of tha Proparty or a e000nciai iniorasi in ovr►viiiivr. i7 6:i,i w�� y::a:7`a .°r�..�''.� .:: ::��:.":r':::
<br /> i � k la aold or tnnsferted (ar N e benellcbJ Inteeat In Bortower Is sotd or transferred and Bortowe►is not a nWUr�l penon) wlthout Lender's
<br /> ptlor wrNten consent LQnder moy, ol its optlon, requlre Immedyle p�yment In tuN o1 all aums secured by thls 3ecurity Mstrument. However.
<br /> • � thls opUon shaN not be exKCfsed by Lender q exercise Is prohiblted by lederal law as of ihe dole ot lhis Secunly Instniment.
<br /> �i 11 Lender axerclaes thls opUon. Lende� shaN givu Bortowe�notice ol accelentfon. The notice shdl provldQ a period of not lesa than 30
<br /> '� d�ya hom the date the noGce Ia detivered or moYed wtthn whlch Ihe BoROwer must pay aA aums secured by thfs Securily Instrument. If
<br /> Borrower faYs to pay ihese sums prior to Ihe expkatio� ol thfs penod. Lender may Invoke any remedies permitled by thls Security Instrummt
<br /> wHhout fuAha notice or demend on Bortower.
<br /> F;�n, p�7r a4.
<br /> FIOOD lM0 f9N1) oJ�r .f Jl b
<br /> t
<br /> � .
<br /> +w�
<br /> !
<br />
|