|
�� � i t�`:
<br /> 4� � �� ��-- f . ,, _ .,� -
<br /> � : s _ - '`� - '" ` _ - -. ,.
<br /> ��'_y`��s� cL � , _ � ; , '' . . `/ . ` , � , - " _ . . .
<br /> ' � , s< � . c � . . . .
<br /> . . . . - . - . � . . • . [ . .
<br /> _ . . , . , . . . . � ,c� � � -'
<br /> . . . . . . . . . � _ . . . ..
<br /> . . . ` " !` - ' 4 , ' " ' .
<br /> . , . _ , , . . _ _ , . 91--1Ub�231
<br /> � . _ , . . � � � . _
<br /> If I�d�ar�mcx��p�e�u�noe as s om�tioa af m�ns t�e wai seen�d�Y t�s secucity.�tc�mmt,
<br /> mcx
<br /> . ` ` `Borro+ra sluD p�y the Prsmiams.�ed to maintaia tiie iosarsace in e�xt wuit sud�time s iLe noquihm�ent Eaa tbe
<br /> _ `i�u�qetamiaitaina�x�ordmce�rithEoc�'saodLmde�s�rrittena�eeata�totspplicaDklawr.
<br /> - `��.,,t, Irqet� Lendes ar itt a�a►t msy m�ice�soaWe eatries apan u�d inspecdons of tbe Ptnpe�ty.I+ader.
<br /> sL�gi�8ocro�rer ndfice it tLe waedor prior to m iuspxtion spe�tinS�k�c f�tl�e i��Oa.
<br /> ._ . �::'.�::.�Ci�is�puiqit, 'I'6e ptvc+eeds af aay arsN a[ctaua fa d�ma�es►direct or s�onseqaattial.ia oaanec6an rrith,
<br /> - - aui�r con3�mnatioo o�,otl�ar talcins af aoy p�rt af tbe Pt�y.a for�oaYey�aoe ia lieu of caademaatioo.art berebS►,:
<br /> - a�edaadshaDbepidtoLmdcr. ' .
<br /> Ia tbe evmt d s toai talnn�of tbe P�opetty.tbe proraeas shtll be applie�f to ihe wrns se�ured by sl�is SocYtitY:�
<br /> . I�tsummt,�Letba ar nat tbeo d�G�itb aay esces pi�to Borro�Ia the erent da purti�l talcja�af tbe PropertY�.
<br /> mles�t Bor�+a►�a ana Lender aixnvise asrre at*nitin�.tbe wm�sei.wrad by tiis Se+�urity Imtsument slu�lt be rsdaad bSr.:
<br /> tie saiaao►c of the prooeeds multipUed b�tbe fulWwin�fncpon:(:)tbe cotal amowi;t of tl�e wms sa�ured immadiately;
<br />- — 6dore tbt W�iaj.divided DS'(b)the tair n�aricet vatue of tlie P[operty ima�edi�stely 6efore tAe takinf.Any bdsnc�sbaU be:.
<br />-- pid to Baro�r�r- � ,. °
<br /> [i the Property a aD�nda�eA by Baroxer,a if,aRer notice lry I.ender co Borra�v�tt�u the crxideemor a�'en ta,
<br /> -° a�ice�n sNUd orsettkact�iai fordam��n,Baro�rer faib tarespondto La�des�rit6in 3Qdsy�stter thedatetDe notice if.
<br /> _- pven�Lender s wthacized to cdlect sad apptY t�he Praceed+.a�i[s optart.dtlur to restontioa or rep�ir of tbe Priopetly on,
<br /> � � tothesuressecured�YtbisS�a�itylnmumea�w�betheranoetbendue. ` �
<br /> - Urifas Layder and 8orco�raaba�isea�reeia wrririos.anyappT�estioaof pmoeeds co priricip�l shall aa e�teactan�
<br />_:� poapoae tiu due date otthe mo�nthlY PnYmmts rdeared ta ia pra�isphs.l and 2 oc cbsaae th�e una�nt of such p�ywants..
<br />�- 10 H�rowe�;�Tat Rek�For�eaa�ee Byr Lesiet Kot�Wal�a. Exteinioa oithe tima tor p►y�cnt a�
<br />�_-- madi8�ytian oE amorti�stion of tLe sums axun�!bY this 5ecurity Instrument gnnted by I.ender ta any sncce�or.ia��
<br /> interest of Borro�rer shall not opecstt to rekase thc Uability oithe ori�inal8orrowei or 8orro�ds wcoessas in interesi+.
<br /> Leader st�all not be roquirod to commrnce procadings against u�Y succasor i�intaat or afuse to extead time foF�
<br /> „ PaY4��ue�or othervv�e modify amortizatiat of the sums securad by this Socurity lnstrumeat by reason ofany dea�and m�dd
<br /> : 6ytheoriginalB�rrowerorBomower'ssucceswrsininterest.Anyfor6earancebyLenderinacercisingaayrigbtorranedy: �-
<br /> . shall not bea wuverofor preciucktheexercise�any rightor remody.
<br /> � - 1l. S�aestor's a�M A�S Boui:Jost s�d Se�eral 1bi11ity;Ca�e+s. The covrnants and sgroanents of i
<br /> , - this Socurity Instrumeat shttU 6ind snd beaefit ttie wccasors and assigns of Lender and Borrower,sublect tothe p�ovisiona
<br /> �� �P�S�Pb l7.Borrower's cov�ants and agratnents shaU bejoint and several.My Boravwu wbaca-signs this 5ocnrity• ��_
<br /> - �`. Insuamene but does not eaocureil�Notc(a�is co�siigning this Security Instrumeat v�z].a�i:o'tnortgsgG grant and convey , ,
<br /> � that Borroaer's interest in ttte Pf:�erty�i7u temts of this Socurity lnstrumrnt;{psf�s rr�t pasa�c�U�r ob��8ated to ppy
<br /> ' the sums sowrod by this Security Inst��*�^=;and(c)sgaes that Lender and any ot�xi'�orror�er�r agree to eatend,.
<br /> � modify,focbear or make any accommada:"'sa�s?�^ith re�rd to the terms of tl�is Sacurity lnstrumeaec�r.t5e Note withouL _
<br /> � Z��0![OW�'7 S CdILSCIIt. ' '. . � ".`"`' wsu
<br /> ' 12. Lo�L1�sr�es. If the loan sec+�t+e�by this Secariry Instrumait is sabject ta a law which seta max'sz�um laari• ����---
<br /> ec -
<br /> � '` - charges, and that law is finally interprcte��so that the interest or other loan charges coltected or•to be collecud in �`T,;���
<br /> ; connection witt�the toan excced the percA��Hmits,then:(a)any suati.:ean charge shall be�etfic�cat by tha amrnmt �'�-���:—_
<br /> necessary to reduae tlte charge to the per�*:�r,�timit;and(b)any sums aic�y coltected f'rom Borz����s which excadCd� •�°�". :;`
<br /> _ pamined limits will tu refunded ta Borr�Ae�Lender ma choose to maY�e il5is refund by reduciue che nnci al owed� �
<br /> y � . .P � P i. _. . ._`
<br /> � " � ' ' under the Note or by making a d�r�t gay�:ient to Bbrrower.lf a refand reduca prjncepa�.the feduec�n v�nll be trcntM as a - -
<br /> , � �•i ! putial prepayment without any-�r�e�ay�r.�t charge under the Note. : : : ,_'r=y,:__
<br /> 13. I�Isl�tion ARecti�cg�.e�efa.�tigbts. Ii enactmrnt or e�cpiratis��aE'2.j��icahle faws 1�as the effsct�of� _�'-,�-__
<br /> rendering any pravision of the 1\oix vr tr.�s 5�acurity lnstrument unrnforceableaccot�:ng to its ter�.�,I�eader.at its option. - ---
<br /> .. ~Aj'__-�_+..
<br /> = may require immediate payment�in�'�r[��a�:I sums secut e d by t hi.c S e cu r i a�I�r a u r=i e r�t a n d m a y i nv o k e a n y amedias -_., .,.
<br /> permitted by paragraph 19.If Ler.�Srsex�zr�ses thisoption,l,ender shall take the str�s specifled in the�ecand paragraphbi . � •
<br /> `'�. paragraph 17. ...
<br /> � ''' � 14. Nodcea. Anynati�toBozrawerprovidedforinlhisSecoritylnsFramentstiallbegivenhydelivcringitanby r_
<br /> � �1.=' mailing it by first class mail un?ess a�ara'b2e taw requires use of another method.The natice s'ha}16e directed to the __
<br /> • ��`£ 8roperiy Address or any other address Boss°�wer designates by notice t�m��+er.Any natice to t�adel shall be given�by ' �•;�► ?-
<br /> flrst class mail to I.errdcr's addsess stated fi��ji�or any other aQdress Lende�designates by notice saS�nawet.Any notice
<br /> . ' , , provided for in this Security In�ts•umeni st�all be damed to have been given to Sarrawe�mr Ixnder.when given as ptovided ' ''�;
<br /> � ' 'F.': in this paragraDh. � . , . ,�:.'•'..
<br /> � i;-• lS. Corerni�g La�r;$ev�rabe'lit�. �'his Security Instrument shall be goti•ee�:���;:f deral l�w and tha law of the '� •`�iti;<<�'
<br /> '� ��' ' judsdiction in which the Ptope.�y is laca:ei.dn the event that any provision or claase C>°�3is Securty Instrument or tho
<br /> !:'•.,,, i. .
<br /> ,�a�}�.,�:•,.:°: � Note conflicts with applicable�aw,sv.h..,a�:'iet shal)�ot afFect ather provisions of th:s S�uriry lr�strument ar thd Nute ;
<br /> : °�+;�C r���-.:��. which can be give»efPect wic�a�;ns th�wnPicting provision.To this end the provisi�:ss a''t�is Security lnstrument and the
<br /> ' '•''' ��i Note are dectared ta be sevcrab4e:.'. ' �
<br /> . �� ;.� 1 .
<br /> � _ ; ._. �,;�.:- f6. Borroxer's CoDy. Sorrower shall t+r given one confarmed copy of thc��:e and oP thir.Security Instrument:�
<br /> ' � �""''• �� 17. Ttau�e�of the Property or a Bene8cial lntcrest in Bnrrower. IP all or any purt of tha Propeny or any �.� .
<br /> `.�:�i.•�! �. interest in it isso��os transferred(or if a bencfrcia]interest in Borroweris sold or transferred and I�enower is nrn a nnwral ' i.
<br /> yY,__,
<br /> � =•;1,t= person)without lxnder's prior written cor�.+ent.Lender may.at its option,rcquire immediate payment�in full af ull sumA
<br /> �.�::;.;� :,... .
<br /> f.,�.. . securcd by this Security Instrument. However.this optinn shall not be cxe�cised by Lcndcr if eaercisc ic ptohibitrd by ��
<br /> ' � � ';`�� ` fadetal law ris of thedate of this Security Instrumem.
<br /> . . „•, ..�.� '. :
<br /> � - � �= � 11'l.endet exerciscs this option,Lender shal)give llnrruwes noticc of acceleration.Thc notice shpll providc a periwi� ,
<br /> ' :�_'- -�' � of not less than 30days irom the d�te the natice iy delivered ar mailcd within which&�rroaer mu�t pay aU sums secured by •
<br /> s,�,...t,.. ,
<br /> ' �,. ,;.. this 5ecurity lnstrument.lf 8otrower 1'ails to pay�hese sum!►prior to the expiratinn��f'tbis pericxf,l.ender mtiy invc�ke�ny ��
<br /> • �;"�'. . � remedies petmitted by this Security lnstrument without further nutire or demend un Borrower. � •,
<br /> ��'° ""�"� �� �5.1lorroNet's Rigfit�to Itetnshte. If Bo�rower meero certain cc�ndilinns.Eotrower sha11 huve the ri�ht•tu hnve {��. • -
<br /> - �;-,-�..,. ' - �--� tnforcement of this Security lnstrument discontinued at any time Qr�or to thr r•ulier of i(a)5 d�ys(nr su�h other periud u� ;I___ _
<br /> ��:�+�-{•` ' - , applicable law may spocify fur reinstatement)befnre sale of the Property purruunt to any power of tiale contuined iu thiH F�
<br /> �.�,.. . . �: .
<br /> _ _. Se�urity]nstrumenu or(b�entry of a judgment enforcing this 5ecurity lnstrument.Those conditians are that �rroKar.�
<br /> �"�'' '�� �" -_ - (a)pays l.endrr aU�snms which then would 6e due under tnts 3ecun�'lnstrtiment an�i�c t�are h�d rtu-acceferatiom� � ; _
<br /> ..,�� ."S�If •A'4+ �-.. . .
<br /> � -�•��-. � �'^�, -..�.. •�' oeeuntci:.(b)eures any dt!'au]t,of any ai�er eovenants or agreements:lc�pays all eapenses i^cuned in enfurcing thiy• � ; .
<br />. ���.?�t�:���.' Securiry Instrument,incl�c#ir,�,st;�at�rn:�.�irnuted to,rea�onable attomeys fees:and td►v tafces sueh aetidn as Lender may.
<br /> ;`_;`��'"-�'-t;�::__., reasonably require to assuxe i�z���i�a:4t thls Sawtity Instrument. l.ender's tig�:ts in t he Propeny an d B nnawer s �1 ; .
<br />: '=_--- ��.:•-_---`--- . � oMi�atioir ta pay.ihe sniiss"sce�r�-�`-�s SccnritY tnssrument.shslt.�onlinue unc.l�tt�ed. Ltpan aeiastatemmt:.by: . . �- -
<br /> - , • ' Bonower.this Security Inssrument aad tl�eobtigations secwed hereby shall reenain fu11y effective as if na acceleration hud � '
<br /> '"• .. ' • occwred.However,this dghe to rdnstate shali not appty in the case oPacceleration under paragaphs 13 or 1'f. '•• •
<br /> . ;
<br /> , . .. • i
<br /> . _. _
<br /> , : :. .. _ _ ._ . . - • . - _ .. . � .
<br /> •, ., , . . •
<br />
|