|
, ,;,�-
<br /> � • F ��} Y�� ' ' C�• • •�'�
<br /> a� ,[ �
<br /> °+awai+s�qa�a����r�
<br /> U ������
<br /> P�Y�nts nuy np lao�er be roqulrod,s11he oplbn o�l.ender.�r�w�+Q.�o��r.�oe«��o�,�e u��no�,�,�,e.�a ro��ne pertoa ,
<br /> tb�t L�arder e+aquira)providad by�n inwrer�p�+nved by I.aider a��in bacoma�avdl�blo�nd i�obulnad.Horrowar�h�ll p�y
<br /> �he prbmiunu roqulrod to m�iMdn mrnt�a I�wanoe in ef�ec�.or to provide.�laes rcarve,untii�he requirenroat far a�o�ewe
<br /> inw�noe end�in�000�danoe wtlh any wdtten�roement between Bomowor and�.ender or�pplicablo I�w.
<br /> 9. laipectlon. Laida or its�ent r+wy m�ice rcuoruble entrie� upan and innpectiorw of tlro Property. I.eader�hall�iva
<br /> Borrowor notica wt tha tima of or prior to�n iiupecKion�pecifylri�reASOnsble cAU�e for tha inapxtion.
<br /> 10. Condemnatbn.The proceedr oP u►y awud or cldm for damager. diroct or aonsoquentid. in connatlon with my
<br /> condemnation or other taldn�of any pert of the Pro}xrty.or for oonvoyonoe in lieu of corde�m�tion,wro heroby�uwigned�nd
<br /> ahell be paid to Leitder.
<br /> �w, in the event of a wtal�aking of the Praperty.the procoeds shall be appliad w the su�securCd by�his Serudty Inswmau.
<br /> - whether or not then due.wlth any eacesa p�id to Borrower. Ia the event of a paRial taking of the Property in which the foir
<br /> �"' market value of tha Pmpetty imrtrodiately before the taking is egua)to or grcater than the sunount of the wms secured by this
<br /> � Secudty Iasuument immediatcly beforc the taking,unless Borrower and Lender othcrwise ag�ne in writing,the sums secured by
<br /> this Secudry lastrument shal! be reduced by the anwunt of the proc,adR multiplied by the foUawing fraction: (a) the total
<br /> amount of�aume secund lmmediately before the wking� divided by(b)the fair market v�lue of the Property immediately
<br /> r�'�. before the taking. Any b�luKx shall be paid to Borrower. ln tha evant of a partial takiag of•the Property in which the f�ir
<br /> �'�� merlcet valu�of the Property immedietely befon the taking is less than tha amount of the sums securcd immodiatcly before tha
<br /> �..
<br /> '�' tAking,utdesa Hortower and i.ander otherwise agree in wrlting or unlBSS appliceb181aw otherwisa pmvide�. the proceeda�Il
<br /> �_. � be applied W the sums secured by thia Securlty Inshument whether or not the sums are then due.
<br /> • : ,;;,;��?' �•° If the Property.is abnndonod by Borrower.or if.after notice by Lender to Hor�nwer thsttt the condemnor ot�'ers to m�lce an
<br />� s :•,.� _ ,3..f:"',.-., ,;
<br /> ����� sr r� awerd or settie a claim for damages, Borrower fails to respond to Lender within 30 days aRar the date the notica is given.
<br /> � ; {w
<br /> .��,�� i�.��' �F'+ Lender is wthorjzed ro collect and apply the proceeds,at its option,either to�estoration or repair�of thc Pmperty or to the cunw
<br /> �'..". ., ," '� Becur+ed by this Securlry Instrument,whether ar not then due.
<br /> '" �".' Unless Lender and Borrawer otherwise agree in writing, any application of proce�is to principal shall not extend or
<br /> �'' "" � st ne�he due dste af the manthl a mcnts refarce�l to in ara rapha I and 2 or ctian e the amount of such
<br /> ;� � , . . ., r p� p� Y P Y P � 8 paYmenta.
<br /> ° ;�:;�"::. 11. Honower Not Releaaed;For6earance By Lender Not a Waiver.Extension of thc time for payment or modification
<br /> ���'� ' ' ��"��'r' ��'' ' of amorti7ation of the sums secured by this 5ecurlry Instrument granted by Lender to any successor in interest of Borrower shall
<br /> �; � ° o. � ' not operate to release the liabllity of the original Borrower or Borrawer's success�rs in interest. Lender shall not be requircd to
<br /> � ' , � • commence proceediags against any successor in interest ar refuse to extend tima for payment or oth�'wise modify amortization
<br /> r�� " ' �,° ' ,: �: .�' .; of the sums setiured by thi� Secudty lnstrument by reasan of any damand made by the odgins�l�Borrower or Borrowcr's
<br /> s�''�``�' `, '�.`e ''�: � ' successors in interest.Any for6earance by Lende�in axercising any right or remedy shall not be a waivor of or preclude the
<br /> . .,,;:.,; -
<br /> —° ' exeecise of eny right ar remady.
<br /> t +•� - � • 12. Succes.sors and Assigas Bound; Joint and 5everal Liebility; Co-signers. Tl�e covenxnts and ::$reementR of thix
<br /> • � Secu�iry Inetrument shall bind end benefit the successors and assigna of Lender and Borrower, subJact ta�the provisions of
<br /> ' ' � paragraph 17. Borrower's covenants and agreements shall ba joint and several. Any Borrower wha co•si8ns this Secu�iry
<br /> , ' . �� instrument but dces nat execute the Nate: (e) is co-signing this Security Instrument anly ta mc�rtgage, gmnt�and convey that
<br /> � � eorrower's interest in the Property under the terms of this Secu�ity In�trument:(b)is not persoruelly obligut�d lo ppy the sums
<br /> � secured by this Security In�trument:and Ic>ugrees thal Lender anJ uny nth�sr Borrower may agree to eztend,�madify.forbeat or
<br /> ��. � nwlce any accammodalMns with regard to the�erms of this Security In��nimam ur�hr Note wi�haut thxt Burmw�er's con�sent.
<br /> j�: • 13. I.oan ChaPges.If the loun secured by thi�Security Instruntanl i�c subject ta a law which se�s maaimum laan charQes,
<br /> g �� o and th�t luw ic finally interpre�ed w thut the interest��r other I�ian churge�collectrJ ur to be rollo�Kad in connation with tha
<br /> .!�' lo�n exceed the permined limit�.then: lul uny+uch loan rhurge,hull Ix►reJuced by �hc wiwunt ne��ssury tu raduce the charge
<br /> ,'� : to the pertnitted limit:und Ib1 any aum�already rnllected fn►m&muwer which exra�lcJ permh�od limits w�jll�he refunded to
<br /> „ BoROwer. Lender may rlxx�,e t�� nwke thix refund by reduring the principal ��wcd under the Note �r by mxfii�g a direct
<br /> ' payment to Borrower. li u refund reduces principal, the reJuctiun will bu tre�ted a� a punial prepayme�t vvithout any
<br /> � . ' p►epayment charge uader�he No�e.
<br /> �' '. 14. 1Vottces.Any notice to&ircower pmvided for in this Security In�:trument,hall be given bp delivcring itar by mailing �
<br /> ' it by first clavs mail unless opplicable law requires u�e of�nother meNti�d. The notice sh�ll be directed to the Prnperty Address '.w-
<br /> or any nther address BoROwer designates by notice to LenJer. Any nntice a� l.ender shall be given H�• firnt rlass mail to
<br /> � f.encier's s�ldreac c�ated herein or any other uddre•• Ixnder desi!!nm�+c hy m�tirt�a� Rnrn�wer An}• nrnice pro��ldad fnr in this -
<br /> , ' Security lnstrument shWl be deemed to huve b��en given to&�ra�wer or l.cnder whcn given as provided in thla pun►prnph.
<br /> 15. Coverning I.aw; SeverAbility. This 5ecurity Instrument shull br. governed b�• Pccierul IAw• und thc law of the ��;�'•
<br /> , jurisdiction in which the Propeny ic Icxmed. In the event thut any pr��vitiiim ar rlau,e uf thi.Securi�y Instrumem ur the Note
<br /> F ; ' ' conflicts with applicable law, such rnnflict shall nat uffert other pmvi�i�m�,uf thi,Srcurity Instrument or the Nntu which cun be
<br /> � given effect without the c�ntlicting provision. To this e�xi the provitiicmh of�hi�Scrurit��Instrument unJ the M1ota ure declared �
<br /> � to be seve�able. �
<br /> t •; ' • 16. Borrower's Copy.Borniwrr siwll lk Fiven one canti�rmai ri�py��f thc Niite and of this Security insttumrnt.
<br /> i � �'�
<br /> Fam 3028 8190
<br /> it?
<br /> v+w�ors
<br /> � �';
<br /> r
<br /> � + .. .. �— . .. -� . ._ .' . . � ' .��. . � .. . � • ..
<br /> . - ��.. . . _ _ _ ..
<br /> t��t'. l�. T.�=�'._� - ,., . . . _ .
<br /> ��f .1''.1� . .
<br /> .`.' .� .. . . - .,' .
<br /> •�. .f� �� ".� ;:,,F",` � - � . ., . ,
<br /> � � , �1� „ , . . . � ,
<br /> ';� , .. i ':, .
<br /> +��' � . . . . " .
<br /> s�
<br /> { . ., .
<br /> f.� '` ..�, ., :� . � , .
<br /> k '
<br /> . f
<br />
|