|
. :4 J ���( 1'Fa�..i.�..nwr�.—r .+---.__... . . . . . .�
<br /> . - �Y. ., �.� .,.M... � � , ,
<br /> - � ' . .. . . 1�>, '_
<br /> � I' �7,q:.j. ..,�.�. _. .�� - . - ;-
<br /> ---..Yt�i,.�:r�. __. ---_'— .. ..
<br /> �.f t[�:JIM .._- •�L.L+;.�..._. . ---.------- -- � -�
<br /> �- ' �;� • •BotrowK m�y qu� wah a d�iwN �nd rointlat�,as provid�d In ptray�ph 1B, by causinp th� action or procw�Anp to b� —
<br /> �_ :. '..4.���:. , diWnks�d wkh �rulk�p th�t,In UndK's 400d(�tth d�t�mination,produda IorlNtun af th�Bonowo's IntK�t In th�Prop«ty or
<br /> . othr nwt�l knptlrnNr►t of ih�Il�n aNbd by thk 3�curky Uttnammt or Und�r's ucwity Inhrat. Botrow�r shY alw b�In
<br /> ' '��.�kd�,F:�:�•. dMwk N BonowK.dudnp th�lan�ppNc�Uon praa`s.p�v�m�hrlaly f�ls�a Inaccur�t�Inlonnatian or rt�t«n�nts to Und�r
<br /> IaiNd W ptovid�Und�r wMh Nny m�t�rMi inbimibn) h conn�atbn wbh th� lan widmad by th�Not�, M�dudinp, but n�j
<br /> -- `� IMnN�d to, npnanUt{ons conc�mNp Bartovwr's ocaip�ncy ot th� Ikopwty �s a pdndpai r..id:iw. tf thts °.�arrlty�. _��
<br /> �` ' '..'" Instmm�nt Is on a Iwa�hold, 8onoww thaN comply wkh �II th� provl�lons ot th� Iw��. If Bortowa�oquins iN 1MM to �
<br /> ,,. . � �1 Rropwty.th�IMwhold�nd th�IN GW sh�N not mr�unM�ss L�nd�r�ytNt to th�mrrprr h wtNYig.
<br /> t . , °':. 7. Prot�ction ot L.�nd�t's Riphb In th� Prop�rty.It 6orrowK wls to p�rfortn 1h�cov�ntnt�and a�rNrn«i
<br /> • • 4 conWn�d In thla 8�arily In�tnm�nt. w th�n Is a{pd procMdtny that tryy sipnMk'•anllY�M�ct Unda's e i phn {n th�Pr
<br /> .�_. . .� (sueh as a p�oc�ing fn bankruptcy. prob�t�.for condenx�atfon w forfeiWn or to aniorc�i�ws o►reyul�Uons).thw►L�nd�r ma
<br /> . �� • �, do md p�y for whabv�r i� nsea�uy to prot�ct the valw of th�Prop�rty and Und�►'a�iphts fn th�Prop�ty. L�ndK's� `- '.
<br /> �:.... . � ,��,� m�y Indud� MY�^0 �ny sums :eeund by a Ilen which has priority ov�r this S�c�rlty Indrum�nt. �ppw�fnp fn wurt. W _-�--
<br /> _;�-. y rMtonibb attom�ys'f�et and mtKtrip on th�Prop�rty to rnak�r�p�ks.AIU�w+yh Lwidor trwy tak�acUon undw th4 p.iapraph
<br /> ::t'-.� . ' � •� 7, L�ncf�r dws not h�ve to do a.
<br /> -�-is. My �tnounts disbuned by Lender under panpr�ph 7 shaY become additlonsl d�bt ot Borrower tecured by this Security
<br /> °�'`-�;�' ' . InaUument. Untas Borrowa and Under aq�ee to other terms of p�ymsnt. lhess amount� shdl bw Interest from th� dat� ot _
<br /> '� di=burs«naU at the Note nte end sh�ll be p�yabla,wfth intereat,upon notics f►om Lender to Borrower rsquesUnp p�yment. L
<br /> 'r ; . 8. 111ort��y� Insu��nc�. If Lender requked mortflage Inauruice as a conditfon ot makiny th� Iwn s�cured by thls
<br /> ���1�� i . S�cwrfty InsWment, 8ortower shdl pay ths praniums requked to rtwinWn th�mortq�pe Insuranca b etf�ct. It,kr�ny re�aon,the _
<br /> �' ' mottq�p�Insunna coveray� requked by Lender I�psea w ceases to be in Mfeot, Borrowa ahall pay t�e prerniwna raqutrsd ta =
<br /> _ obUh covarape substantltlly equNalent to ths matyaye In:urance prevlously In eHect, at a cost substentt�lly equfvatent to the w
<br /> � coat to Borrower of the moRy�pe k►aunnce prevlously fn eftect, from an �ftam�te morty�ge tnsurer approved by Lender. If
<br /> � substantlnlly equlvalent mortya� Insurance eovenpe is not ave0able, Borrower ah�q pty to Lendar each month s sum equal to _
<br /> , onFtweHth of th�yMrf�v mort�ye Insuranc� premlum being pald by Bortowa whan the insuruice covemye lapsed or c�aaed to
<br /> be In ettect. Lender w�!accept, use and reUk� these payments aa a loas reserve In Neu ot mortgage k►surar�ce. Loas reaerve =
<br /> paymsnts may no longer be requked,�t the option oi Lender,Ii mortgape insunnce coverage(in the amount and for the pertod ��..`'Lr.
<br /> that Lendx�equkea) provlded by an insurer �pproved by Lender aga(n becom�s avaNable�nd is obtalned. Bo►►ower ahaN pay �-° -
<br /> . ths premlums requked to maint�in moRgege Insurance In eftect, or to prov(de a bss nserve,unUl the requirement for morty�pe '�e_
<br /> � t�surance ends In accordance w�h any written agrcement between Borrower and 4ender or appAcable I�w. ��_'=.
<br /> . 9. Inapoction. Lender or ks ayent may rnako reaaonable enWes upon end Inapectlona of tha Propsrty. LerKlor sh�A ylw '""`;'"
<br /> ,�� Bartower noUce at the tlme of or pdw to an Inspectlon speclying reasonoble cauae tor the InspecUon. �,•�"� �
<br /> 10. Cond�nfttatlon. 1'he proce�ds of any award or clakn for damapea,dksct or consequenWt, in connectfon wfth any �"
<br /> � condemn�tlon or other t�k4�p d any part ot the Ptopaty. or fa conv�yence in Ilw of condernnadon,ae hsreby�sslqned and �f�i-�=�=
<br /> sltY be ptld to Lendet. ��;���'_-
<br /> In the event of A total Ukinp ot the Property, the proceeds shRll be applied to the sums aecured by thta Security �
<br /> e`.�=-
<br /> Inswmant.whnher w not then due,with any exwas paW to BoROwar. In the event of�pertlal Wcfnq of the P►oparty In which .,�,.,,.,_,
<br /> j th�tak market wlue of the Properly knmediately bsfore th�taking Is equsl to or preata than the+imount ot the wnu s�eured `•�-'-
<br /> i by thts Securny tnstrument immediatefy befae the takinp, untesa Borrowur �nd Li�d� oihra-.�r�sa as k� •rr.txi , tha aums �''�' 'A'w'
<br /> .�'' Q :'r��..i.i�,.-
<br /> � aecured by thls Securily�naUument shaN be raduced by the amount of the proceeds muftlplied by the foAowk+9 Kactbn: (a)the _'_`�`�=
<br /> , ' totel amount of the suma secured Immedlately be(ore the taking, dlvlded by(b) the t�k market value of the Prop�ty immadlatey -p:��;,::-
<br /> before the taklnp.Any balsnce ehaN be patd to Bor►ower.In the event ot a partlal tak(n9 of the Propeity in which the talr market f ' � �
<br /> ' value of the Property Immedlately beiore the t�king Is tess then the amount of the suma secured Immedately behre the taklnp.
<br /> unless Bortower end Lender athenvfae agrae in wrtllnp or unless applfcable �aw othervrlae provid�s, the procNds shaU be �r,_:•
<br /> � �'' .s:
<br /> � applled to the suma aecurecl by thls SecuMty Instrument whether or not the sums�re th�due.
<br /> It the Property Is abandoned by Borrower, or N, after noUce by Lender to Borrower that the condemnor oNera to make an p r..:�.�
<br /> ; award or serile a ctalm for damapes, Bonower (ous to respond to Lender withln 30 daya aRor the date the notice Is ylven. ' - •�
<br /> Lender la suthodzed to colleet�nd apply the prxeeds,at fts aptlon, dther to testwation or repalr of the Property or to the r . .
<br /> �' sum�securad by thls Security Inswment,whelher or not then due. �
<br /> `. �r�
<br /> � Unleas Lender and BoROwer otherwise agree in writing, any epplic�Gon of proceeds to princlpN ehW not extend or '7�
<br /> postpont the due date of the monthly p�yments re(etted to In paragraphs 1 and 2 or change the amount oi:uch payments. .
<br /> .;. 11. Bor�owor Not Raleasod; Forba�ranco By Lendvr Not a Watv�r.Extenabn of the tfine 1or p�yment or � ° "�'
<br /> � modification of amorUuUon oi the sums secured by thls Security Insuument granted by Lender to any successor In interest of � ��'k
<br /> F;�'�?��-'
<br /> i•��` � � ' Borrower ehall not operate to rdease the Uablily ol the origlnal Borrower or Borrower'a successors in Interest. Lcnder ahaU not �f,^ _
<br /> � , I be requGed to commence procQedings agahst any successor in Interest or retuse to extend time for peyment ar otherwlae f'. _�;:_
<br /> ,, ,i ',,. modilyy amortlzaUon of the sums secured by thls Securtty�nstrument by reaaon ot any demand made by the orlginel BoROwer or �� �:•r..�"
<br /> d
<br /> Borrower's successors In interest. My forbenronce by Lander In exerclslnp any �lyht or remedy sh�t not be a w�lver of or "'. !,u�;_
<br /> '.,• pnelude the exaGse oi my rlght or remedy. ''��..j+"_'-'
<br /> :ti,r � �` 12. Succossora and Aaslgns Bound; Joint and Sevent Uabiltty; Co-slpnars. 7►+e covenants and ; ✓
<br /> ' •� 2' agraemw�ts of thls Secudty InsUument sheU bind md baneTR the successors and aaalgns oi Lendx wnd Borrower,eubJect to the • -
<br /> -'��'��
<br /> , provlsfons ot p�ragrt�ph 17. Borrowera covensnta�nd apreements sh�A be joint and several. My Bortower who co•slyns thls �' ..;,��.,,
<br /> t � ���� '�• Security Instrumsnl but do�s not ezecute the Note: (a)Is co•algning thls Securlty Inatrument only to mortgaqe,yrant and convey � -
<br /> � th�t Bortower'a Interest in the Propeity under the terms ot thls Socurity Inetrument: (b) is not pKSOnaYy obllpated to pay the
<br /> :. ., � � suma secured by thls Security Instrument; and(c) �grees that Lender and any othe► Bortower may�yree to extend, modlfy, �
<br /> '' , forbear or make any aeconxnodatlone with repard to the tertns of thfa Security Instrument or the Note wHhout th�t BoROwer's � . .
<br /> ;�'. � conaent. .
<br /> i ; � i 13. Loan Charges. If the loan secured by thls SeCUriry Instrumar►t Ia subject to a law whlch sets maximum loan . . ,
<br /> ';;�. chuyes,and that Iaw is fin�lly Intapreted so th�t the interest or other loan charyes coAected or to be collected In connectlon
<br /> �:�`�� , wlth the loan wtceed the permltted ifmlta, then: p) any such�oan tharge sh�U be reduced by the emount necess�ry to reduee -
<br /> �+`..:�`� � the charga to the permitted Ilmit; and(b) my sums akeady collected from Borrower whlch exceeded permitted Umlla w1U be .
<br /> ��`.*t � rPtunded to Bortower. Lender may choose to make thls relund by reducing the pdnclpal owed under the Note or by making a . '.
<br /> •�• diretl payment tu Borrower. If a refund reduees prindpal, the reduction wW be tre�ted as a partl�l prapayment wllhout any
<br /> �_� ;,�.;'' . _ prepayment charye under the Note. '
<br /> --°- ' ���'�� � . 14. Notic�f.My noqce to Borrower pro�ided for in thts Seairity Inswment sh�W be glven by d�liverinp it or by mailfng k
<br /> -'��� ' ' by 1lrar d�as mail unNaa�ppllcablo law requtrss use of another mechod. The notice aholl be diroeted to the Properry Address
<br /> •:,. .^ ..::?",c�. .
<br /> ,;���;'�:�::t, a any ather addreas Borrower deaipn�les by noqce to Lender. My nodce to L�ndar shall b� ylwn by ftrst dsas maU to
<br /> ' • '°' �� '"��• L�ncSir's addreu st�ted heraki or any other�ddreas lmder desiyn�tes by notice to Borrowx. My noUce provlGd tor b thts
<br /> ,;. .. i�qtrity inevumw�i enai oe dewneu io iwve uwi yivon io oorrvwR or i�ndR wn�n yivrn as prv.wini i�ii�i:F,ri:yi�µ,i�. -
<br /> iu ,4 ��� "��" � 15. �ov�rnin L�MI; S�vorabfli Thfs Secu' InsUument ahall ba govemed by ledenl t�w and th� I�w ot the
<br /> �•: � jx.:�, _ ..:e� � �Y• MY
<br /> _- , jurbdictlon in whlch tht Propedy u bcat�d. In tha awnt that�ny provlston or cl�use oi thts SscurHy Instrum�nt or th� Nate
<br /> --��► =4�; ''''� eonAicts w(th appYrable Vw, auch eontlkt ah�A not attect other provlslona ot this Sacurity Instrum�nt a th�Note whkh un be
<br /> .��.�.J,.1i:,'`1l:_.
<br /> . �,r..� ,y�.. ,: ylvin Nhct withatt th�conAiathy provialon.To thls and th�pmviabns ot thls Saurily IneWment and th�Note an d�du�d to •
<br /> . .�}R«�4►;�± b�ewenbl�.
<br /> ���G"���;���'-'`'��' 16.BOnOw�r's Copy. Borroww sh�N b��iven one confomxd copy of the Note+u�d ot thls Security Instrummt.
<br /> A'f I ..��• " r
<br /> Ft3K.LMG(tt/p�) Mpa S of S
<br /> C�
<br /> - - 3
<br /> �,'•'� w.
<br /> _ -^4-�:bLL_1�2_�e7 {
<br /> .... -
<br /> ,,,.,.. �o�e
<br /> ,_,,
<br /> __.. - ,:,, ea.__
<br /> —��
<br /> R.. '",�.�, .,u ,: �
<br /> . . " .
<br /> .�.�.�_
<br /> - . �.,::' .. -- -- -- --- --
<br />
|