|
.ry . :. • --_
<br /> :• '�� l�. .. -
<br /> - r�1i . "� ' "_ "1-}__ '__
<br /> -- �. . - -- „ lOJ4�'�'
<br /> �t the opt7on ot I��der. it moctp�e ina�ranoe ooverap (In the amow��3 c� � ��a �t � ��ro.�
<br /> pnwidrd by�n inunr rpprov�d by I.«id�e apin b�oom��wiuW�and i�oM�ined.BorroMw�hall py t!►�peemlun»
<br /> nqdnd to maint+ia mort�iowwaa ia�K�a�t,ur m provid��1or�+oNrw, untll th�nquinm�nt tor mort�y�
<br /> _ _ — iawwna�ner ia�o�ed�na with�ny Md�an�pwrnrns i�cMMn norro�rK ud t.«a�r or iwbi•isw.
<br /> 9.lup�ctioo.Iwr�or it�aant may m�lce reMOn�bl�enWw upon�nd Innp�otiar tue Pmpecty.Laid�alwll
<br /> �iw Aorro�a notioe st th�dm�of or prlor'u�n in�p�otion�acityinr raronable au�e for ehe tmpeadon.
<br /> 10.Co�d�ms�tioa.The��oc,eed�ot any��rard or oidm!or dama�,diroat or aauequentia,in ooaneotian�vith
<br /> �ny 000d�nnatlon or otMr tal�lns ot aay prct ot the Plroprr4Y�oe for aoaveyuwe fn liw ot aoed�rnn�don��r+o h�by
<br /> �rrip�ed u�d�11 be paid to I.aWer.
<br /> - -� � In the ev�t ut s tonl t�kin�o[the Propor�y,the pr+000exk�rluU be�pp{ied to tta�um�oacueed by thfo Secueity � _
<br /> Irnwmen�xheeher or not tl�an due,with any�oat pId ta HorroMer.In the event oi a partial nkln�o�the Pmpxty In
<br /> Khich the[�ir muSut vslue oi the Pcoperty imry►edi�teiy be�ore the talcic►����qwl to a Qroater tFw►the smount ot tha
<br /> sums eecurod by t8ii Socurity Ia�trument ImrnedIately betoro the takin�,unlees BorroNer and Lender otherMi�e a�reo
<br /> in�v�ItinR,the sum��ecured by this Secw�ity Inrtrument�11 be reduoed by the amount ot the pra,�multiplted by
<br /> tho folloMin�fraction:(a)the totsl amount oi the eums exurod Immaflauiy befcxe the Wdn�,divided by(b)tha idr
<br /> tnarket value ot the P�ropaty immediately bafore the takinQ.My b�l�nce shdl be paid to Bom�wer.In the evait ot R
<br /> parti�l t�kin�ot the Prope�ty in wrhich the fair m�rket valuo of the Property immediately betore the takin�i�lms th�n �
<br /> tt►e amount ot the wme aecurod�mmedIately betoro the takln�,unlees$ocroMer and Lender othanvise a�c�e in�ttting
<br /> or unlees applicable l��v othetMise providaai� the proceed3 eh�ll be applied to the sums eeeured by thi� Securtty.
<br /> Inst�ument Mhettbr or not the aume u+�then doe.
<br /> It the Property te ab�ndoned by BorroMOr,�r if,dter notica by L.ender w Borrower th:t the conden�nar�Ners w
<br /> make sn aMard or eettlo a claim for dama�e+s. Borroxer t�ils to roepand to Lender within 30 dsya Jtar thp d�te tha
<br /> nodoe is�ven�I.ender is.u�horized to ootleac,nd.pply tho pr0000de,at ite opdon,eithar to sastor�ttian or rapair of the _
<br /> Property or to the sums exurod by thts SecurIty Instrument,Nhether or not than due.
<br /> Unleos Iander and BorroMer atherwiee a�roe in writing,any appltcatIon of proceeds to princtpwl stqJl rat eYtend or
<br />. postpane the due date of the monthly pyments referred to in p�ra�nphs 1 �nd 2 nr chsn�e the�mount of auch _-_
<br /> �;�`'��. payments.
<br />-- 11. Bacrower Not Reles�ed;Forbearauce By I,endar Not s Waiver. B:tenston of the drne for p�yment or
<br /> moditicxtlon ot amortiution ot the sume exurad by thie Secwity Instrument Ynntod by Lender w�ny aucceseor in
<br /> intee+est of Bornoaar shall not opatate to rele�se the liability of tho or��inal Borro�rer or Borrowar'e auoceaeors in
<br /> ;�,;;�y intecest.Lender shall not be required to commence proceedinas a�ainst any succeseor in interest or nfusa to extend
<br /> ` ,'j:�;;, time for payment or othecwise modify amortiution of the sums aecured by thie Security lnstrument by reaeon ot any
<br /> � „�'' demand m�de by the oriyinal BorroMer or Borrower's sucooseors in Interest.My forbear�nce by Londer in eYercisin�
<br /> `-`�' ,, .�.+�,.��z- �ny rt�ht or remedy shail not be a watver of or pceclude the eYercise of any ri�ht or nmedy.
<br /> , � '_�, 1Z.Sucoessors snd A�si�n�Bound:Joiat and Several Liability;Co-s�gnor�.The coven�ats u►d�greementa
<br /> ' `' ; " of this Security Instrument sh�ll bind and benetit the succ�seors and sssi�ns of I.ender and Borrawer,subject to tho
<br /> -+�,:.:.~���``' pcovisiona of p�aYnph 17.Borrower's covananta and�greements ehall ba joint�nd sevaal.Any Borrower who co-si�
<br /> � ..,r� '.
<br /> -• �"' � this Securit Insuument but does not execute the Note: (a) la co-si this Securit Instrument onl to mart o.
<br /> �-�;:� .. Y 8��8 Y Y Y��
<br /> "" . �nnt and convey that 8orn�wec's intereat in the Property under the terms oY this Security Inatrument; (b) ia not
<br /> ,.,' ' � . pereon�lly obliQated to pty the sums secured by this Security Instrument; and (c) agrces tt�t Lender and any other ■
<br /> - Borrower msy sQree to axund,modiiy,forbar or make any accommodations Nith re�ard to the urms of this Security �«°
<br /> � . Inatrument or the Note without that Borrower's consent.
<br />- , . .:�';:.;:'�' � 13. Losn Char�es. If the loan secured by thie Security Inetrument is subjoct to t law which eets maximum lom
<br /> ch�cQes, �nd that law is {in�lly interproted so that tha inureat or other loan cherges collxud or to be collected in
<br /> " • ..•�.• connxtion with the lo�n exceed the permittad limits, then: (a)any such loan cherge shall be reduced by the amaunt -
<br />'_f�.
<br /> .,;;�::�t �� ,..{.�, necaseary w reduce the clurge to the permittad limit; and (b) any sums already collected from Borrower ahich �-�''
<br /> �• ' . ,�.; eYCeeded permitted limits wiil be re[unded to Borrower. I.�nder may choose to make this refund by reducing the �`:-�
<br /> _ '. ; principel owed under the Note or by making a direct payment to Bnrrower.It�rctund reduces principal,the reduction !_-
<br />.`� ,, ���;;:�•:". will be treated as a psrtial prepayment without any prepayment charge under the Note. �--_
<br /> =� � " 14. Notices.Any notice ta Borrower provided for in this Security Instrumentshall be given by delivering it or by ;.-,._
<br /> , , . �� •° mailing it by first class mail unless applicabla law requires use of another method.The notice shall be directed to the `-= .
<br /> � Property Address or any other address Borrower designates by notice to I,ender.Any notice to Lender shall be givrn by
<br /> first cl�ss mail to Lender's address stated herein or any othor�ddress I.ender designates by notice to Borrower.Any �`
<br /> � notice provided tor in this Security Instrument shall be deemed to have boen gi�•vn to Bonower or Lender�vhen Qiven �_
<br /> , +�xti�, �s provided in this psragriph. � ` :
<br /> • IS.Governing Y,�w;Severability.Thia Security Instrument shall be governed by [ederal law and the law af the
<br /> jurisdiction in which the Propecty ia located.In tho event that any provision or clause of this Security Instrument or the `
<br /> �•} � Note wnflicts with applicable law,such conilict shall not attect other provisions of this Security Instrument ar the Note
<br /> wt►ich can be given effect without the contlicting provision.To this end the provisions of this Security Instrument and
<br /> • � the Note are declar�d to be severeble. ? •
<br /> �
<br /> ti�., �
<br /> .� �'' ' . FK� 702� !!!0 '
<br /> ''� . .. � �-QRGYEIt91061.01 v�s.�oe e
<br /> Initl�if:
<br /> � � `
<br /> :�'. � . .
<br />- ' . �;'
<br /> :.,t. -.--�- - --• , . .. , . . ., ,,� �•, y�wr•, � ... ..:w . y..,
<br /> -'�r? ��-'_s�ss� _ _....__ . . " . �.,'�
<br /> , �.. _;
<br /> -- _ . _..--..-•--------•....,.......
<br /> �--- r
<br /> . • .r .
<br /> � � ' .
<br /> , � ' � .,
<br /> 1 ' 4'.�.
<br /> � , ..
<br /> �'�f.. .
<br />- � . J
<br /> Ir ;.� .
<br />__ ' ! �
<br /> � 1
<br /> 'r� .... _ ._
<br />
|