|
_ ,�,,,•:�; _�. ,..,.::_
<br /> _,�•._�._._ ��---•--- ,��" �'�+:�:�
<br /> . � •. . -� � .���{k� . ...�..__. �
<br /> . i �__ ___.._.....�.�._a�.afi1
<br /> '93: 1�.c�oRs
<br /> _ -� ccmckmn�ti�x�or cxher twlcin�{of�ny p�rt oF the Property.or for canveyance in Ucu af co+xlemna►tiao,aro heroby�i�ned And "
<br /> s�hull be prid to Letxier.
<br /> In tix event af u tatal tuking of the 1'roperty,tha praceeds shall be oppliad co the sums �ecurcd by thi�+Secudty
<br /> li�w�ument, whethcr or nat thcn due,with any excesz paid to Burn>wcr. In ihe eve�t of u partful taking uf the Pro�rty in
<br /> _�- _���w==-=° wiiiwh�i�c iui�markct vulue of the I'roperty immediately before the tuking is equ�l ta ar.groace�than tho wiiuunt uf the auwb _
<br /> •—----�— xccured by tfiix Securlty Instn�mcnt immediotely before the tuking,unlcs.r•Hamwer and l�ender otherwi�e ugree in writing,
<br /> _"� � � •- '" thr�ums securcd by this Secudty Instrurnent sh�ll l+e r+educed by the nmoimt.�f the pmceecis multipliect by tha following
<br /> ",�i'�°�'�"'��' fractlon: (a)thc tatul amount of thc sums sccurcd immr.�iiutoly befor�the taking.divided by(b)tho fui�market vaiue of the
<br /> :` Propcny immcdiutcly heforc thc tuking. Any bulunce shull bc paid to Borrower. In the event of a psutial taking of th�
<br /> Pr4perty in which the fuir market vnlue of th�s Propercy immediutcly beforc ihe toking is less thun tho amnunt of tha xums
<br /> secureJ immediutely before the tnking. unloss Borrower nnd I.ender otherwise ngrce in writing or unlGSa •rpplicabla law
<br /> --��."`,� othanvise provides,the proceeds shall be upplied to tha sum�securcd by thiF Security Insteument whaihtr or not thc sums ara
<br /> =.�-�.��� thanduc.
<br /> --- .`�� If thc Propeny is ahandanad by Bonower.or if,ufcer notice by Lendcr�o Borrower that the condamnnr�ffors ta mi�ke -
<br /> ��K`'���"� an awurd or settle u ctaim for dwnages,Barower fails to respond to Lender within 30 days�►ftar tha daiu tha��tiae is gi+ven,
<br /> �~�-,=_m-�°v_ Lender is uuthorized to collcct and npply th�praceeds.at ite;option,either to restoration or repair of tha P�npotty or to thu
<br />— sumx secured by thi�Security lnstrument.whether or not thon due.
<br /> �Unless I.ender and �orrower otherwise agree in writing,uny application of proc�eds to princtpa{ shall not exten�or
<br /> — ____ past�on�thc duc datc a£the monthly puyments mferred to in puragraphs 1 and 2 or chtmga the umount of�uch payments. _
<br /> 11. Borrower Not Released; For6earancc By l.ende� Not A Ws�irer. Extension of the tima for payment or
<br /> ���-_�� mcxiification of amortization of the sums secured by thie Security Instrument granted by Lendar to any successor 3n interest
<br /> ' • �.a.,.'•__.•.v:k . of Harower shall not operate to release thc liability of the orlginul Horrower or Borrower's succoxsors in intercst. Lender
<br /> '" �� � �' sht►11 not be required to commence proceedin�s osuinst ony successor in interest or refu�c to extend tima for payment or
<br /> �'''��-`'�'�';y�• �;� othunvise mcxlify umortixation of the sums secured by this Security Instrument by rearon of any demand mude by the originol
<br /> 7.�i . • .
<br />_ , • Borrower or Borrower's successors in intercst. Any forbeurunce by Lender in exereising any ri�ht or remedy xhull not be u
<br />- ���§;;f","•:r.. - 'y;' � waiver of or preclude the excrcise of:my right or remedy.
<br /> 12. Succe.csors and Assigns Bound;Jotnt and Severa!l,iAbility;Casigners. The covenants and agreements of this
<br /> „ ;;� � ,�.s;, Security In+trument shall bind and benefit the succcssors nnd ussigns of Lender and Borrower.subjact to the provlctons of
<br /> �� `�"��' , paragraph 17. Borrower's covenants und agreements shall be joint and sevenl. Any Borrower who co-signs this Security
<br /> �., .. ..<•�� 3.'i :
<br /> f�."���° '�n"'•' ' Instrument but dces not execute the Note: (a)is co-si�ning this Security instrument anly to mcrtgage.grant und convey that -
<br /> 1���''';;?�_ ;�y� �- �: 8ortower�s interest in the Propeny under the terms of this Security Instrument;(b)is not personally obltgnted to pay the sums
<br /> - , ;�;;;,;;,;;;.:,;,:4-.• secured by thic Security Instrument;and(c)agrees that Lender and any other Borrower mny agree to extend,madify,forbeu
<br /> �;.. ' "`:" .;�.,.i'<�1 or malce any uccommodations with regard to the tertns of this Security inArument or the Note without that Borrowerk
<br />=-a•. _ � �.:il� CWlsetlt.
<br /> � �"?•-:J'.:,;�`.: '�: :��`��� 13. LoAn Char•�es. If the laan scwred by thiy Security Instrument is tiubject to a law whtch sets maxirnum loan
<br /> ;,,:'„::,. : ,t charges,und that luw is fint�ll�•intetpmted so thut the intercst or ottrer loan chuges collected or to 6e collected in connection
<br /> �.�,'�;�'•,�,'�, .�•.��:•.; with the loan exceed the permitted lirnits.then: (a)vny such loan charge shallbe reduced by the amount necessary to reduce
<br /> • `'� the charge to the permitted limit:And Ib) Any sums alrtudy collected from Bonower which exceeded permitted limits will be
<br /> " ��� refunded to Borrower. Lender muy choo�c to make this rrfund by reducing the principul owed under the Nate or by muking a
<br /> . .. . . ,..•.. . .
<br /> • a,��ti. • ; direct payment to$orrower. If a rcfund reduces principal,the reduction will be tmuted as a partial prepayment without any
<br /> ; � • ' prepayment char�c under the Note.
<br /> � � . 14. Notices. Any nutice a� Borrower provided for in thix Security Instrument vhall be given by defiverinF it or by
<br /> • maiUng it by first cluss muil unless applicuble law requires use of another metlwd.The notice shall be directed to the Property
<br /> -�•. .�� � ..• Address or any other uddrcss Borrower designates by notice to Lender. Any notice to Lender shall 6e given by fint cluss _
<br /> -r_= �+•� ' mail to Lender�uddre,s stated hcrcin or uny othcr addresz Lender designates by noticc to Borrower. Any notice provided for
<br /> in this Security Insttument shall be dcemed to have t►een given to Borrowcr or Lender when given as provided in this
<br /> '��`' aru ru h -
<br /> �,,,.. '�:t;:��.,.,'.:'- ,. �. p B P •
<br /> """'';t`(:�"`'�' IS. Governin� Law; Severabilfty. This Security Instrument shall be govemed by federal luw and the luw of thc __
<br /> �' � ;�;';;,:`.;:;• juritidiction in which the Property is located. in Ihc event that any provision orclause of this Security Instrument or the Note -
<br /> j`� . �• �� , ' ;;,� `, conflicts with applicable law,such conflict shull not affert other pravisionti of thiti Serurity Tnstrument or the Note which cun °
<br />:�9 ' �J '' be given effect without thr conflicting provixion. To thi+end the prrnlsiom of this Security In�trument and the Note ure -
<br /> %;t ."!y;;'l<�``�'�• ' ; � declared to be xeverahle.
<br /> ��-������i�: •,t� 16. Borrower's Copv Borrower shall be given one conformed copy of the Notc and of this Securiry Instrument. -
<br /> ' �'•~�:`�� l7. 'I}ansfer ot the Pro erty or a geneticlal Interest in Borrower. If all or an an of thc Pro rt or an intcrost in
<br /> . i°,.•' P Y p Ix Y Y -
<br />�..,� --' ���.�_ . it is.old or transfcrred(or if a be�rxficiul interc�t in Borrower i�.old u� trunsfrrreJ und Bormwer is not a natural penon)
<br /> . .' �� without Lenders prior watten ron,ent,Lcnder may,at its option,require immediate paymcnt in full of ull sums xccured by _
<br />°?"��"r{ .�i.Y,t�,, , ; •� this Securiry instrument. However,thix oplion shall not t+e exercised by Lender if cxercise iti prohibited by federul law us of
<br />"� �=�;;;-';' • the date of this Secur�ty Instrument. _
<br /> ';�6;���-"' If Lender cxcrcises this option,Lendcr sha11 give Bonowcr noticc of ucccicration. Thc noticc shull provide tt periai of -
<br /> .y� .,r not less than 30 days frum the date the notice is delivered or mailed within which Borrower mu�t p�y all sums secureJ by this -
<br /> ,� f`y,',���%�;. Securiry Instrument. If Borrower fuik to p�y these tiumti prior tu thc expiration of this pericxi, Lender may invoke uny
<br /> �.w1��, � �'..�.:::�' �;• remediex p ermitted by this Security Inc[rument without Punhrr notice or demand on Borrowrr. _
<br />����'' �'^i�;��?": 18. Borrower's Riqht to Reinstate. If Bnrrowcr mects ccrtnin conditions. Borrower�hull huve the right to have .
<br /> '� ';';`.'�"� `r`" enforcement of this 5ecurity Instrument discontinued at ;u�y time prior to the earlier ot: (u)5 duys(or auch other period us
<br /> .�.: _
<br /> —_ 5inpk Famlly••Fannk ModFYeddie Mac 11NIFORM INtiTRUMISNT-•l)nifi►rm Covrnantx 9/90 Ipapr 4 nj6�wpel
<br /> �� ..� ,i • -
<br /> _ ;�
<br /> �;t� ,
<br /> � •i .^—^^ _ .. . - ._ -T:r----�-- --..__._.�--+7►.
<br /> . — ��.:._.^'tctik,{i�ia�r � . . . .. .t. ' _..
<br /> =�..xt ,_..,.i•.tlial';ha..•x..^ir'_ +':rt,Y.�r3l�liiYUw�� : �4���.•tti-i+�:' �
<br /> _ .. -_ _,_ _ - _ __ _ ,._ -- - _ - -- - -_- _
<br /> . � ,v 1 ` �r6 x
<br /> -_ _ _ ..��v1!'...te�J..`• � �.,,. -.r- _ � - _ . . �_. - F+S--, qt -C'�.. . .
<br /> _'�"'�^'�"c"__Y.!l'72C.�... .�.....`•.�...W. �v?��:c•.. .,.... -.H.v ��L:��.... i .
<br /> :i.iu''.: .. .: . . .:.lwti:.�tux3 - ---..� . . . . .
<br /> ,ia,�,r�i.r�. . , , - .' . .. . ?.» '� �cci."rt .� .
<br /> - �'�_ .. _ . .. ..._. •'Y 4'i.����^�.. .
<br /> :A. . . ' •,••-+' f��j'u,=��v'}�...
<br /> �fI • ���}. .. ' . .. .�..:�� .���rnp.(Ij,t::'��. ..... '. .
<br /> .,i ``�r'I.CI!•�'7:.+:l�lL'
<br /> o.A. �� .. . � � ,..; . .
<br /> „ �•.�. .. .1��.. ' . _ i'!u•�'r.:.',i�YaeY��1���� .Y�� i. . '
<br /> t,. . • � �;,}.;..Y..i3ac! tir.�fAt`�> .
<br /> a � i..� •'�:.+ ' � sa.:• �
<br />
|