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93110446
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Last modified
3/9/2012 10:07:43 AM
Creation date
10/21/2005 1:43:06 AM
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93110446
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. _ . _, <br /> `, _ : <br /> -- -- _� •--.. _ r----- . _. ' . - - --- -_- __- - - <br /> -- - - -_- - , - ° - - . —�. - - •F <br /> . � ; � . _ . � , . ` � � . - 93- ii��� <br /> � �or alarutMi at.r+y prc.ot�PropacS►.cr tac come�n�oe i�lia►oE�dna�o�.�me t�►aai�pea aad , ; . <br /> iMl16e pid lo l,ader. � - . . . � • <br /> � ' I�die-eva�t at a toat c�tcia=al die Pbdpaty.Uro prooeed��f�l!6e�ppliod to d�e wnu secund bX t�s Seeurihr <br /> In�cnietent,wl�her bt rat d�arduE.witb my_exass p�id to Bor�owel: in the evaK of s p�rti�t ukin�ot the Ropaty in <br /> .whiclt the fiit�nrt�t vdue af dK property in�en�edi�ety betae the takbg is eqwl to a sre�ter thMt the�na�nc of the sums <br /> .` iecurod by dae�Setvrity W�nanent i�iy 6efae tl�t+ikina.unkss Bo�m�vu uid l.eoder e�eNVisa a�ee in wri6n�, <br /> da�s tecu�cd by tAis Sac�aity[ns�rument alwll Ee roduced by tGe unauM of tlte p�octeds multtplied by tbe fotlawieB <br /> fi�c.�aa:ta)ahe wt�l�mo�unt qf tbe sum�t secue�ed ime�edi�te[y befaee the t�king,a��w�a�ro>a��,����u,� <br /> �rope�t�►iran�edia�e�g 6e�c�e d�e nlcin�, My b�i{�ncr sbaU be p�ia a Bormwer. In the even[of a paitiai t8cin�of the <br /> property in wbich Uie fair nartcet value of tl�e Fiope�fy immediately 6etotr tl►e t�kin8 is lec4 tt�n tAe anwant of th�soms <br /> • iecu�ea nrumdi�ely befae the tak�na.�tess Bormw�er atd i�eqder oti�eiwise��»»c in wtitiog or unkas�pplieabk law . <br /> �cWuwi�e povides,the pRoceeds st�U be applied to the sutns aceiurd by this Socurity tnswment wlrethei a eot�he swos a�e- . <br /> then d���. . <br /> ;. •t:�propeRy is�6ando�od by Bor�owor.or It.sPoer nodce by i.e+fder to Bornawer thu tbe ca�demnor offen to m�loe � <br /> an awai+d�:r seale s claim for d�n�ages.Borrawer fals to respoad to LRnder wltNn 30 days t�Eer the d�se t6�notice is given. <br /> Leoder is a�nhorizcd ta� _�and apply the proceeds.at its aptlon.dtlKr w ratontiot►ar�u ot t6e Property or to thG <br /> s�ps�aaned by this Se�KitXlnsuurt�en4�a not tbrn due. <br /> Unla:s Lendec sra�.&�ro�ver ott�eiwise agnoe in writing,any�pplicatian oE ptoceeds to priaclptt shal!nat exta�d ar. - <br /> postpooe th�dae d�t cr�ttie taoathlY WYmcus cefe�nd to in p�gnphs 1 and 2 or cbanga the amoiu�t of such p�ymnu.s. <br /> ll. eortewer.� ltdea+cd: Foe6e�r�ae Ey lRMer Not � Witrer. Exunsian of tiie Wa far payment or. <br /> mad'dic�6an of amon�on ot tbe surt�.c secuned by this Secudty Insmuaent gr�nted by i.end�er to any saecessoc in inoeRSt <br /> . .. cE°:a:�csxr�I��s-«se.tc sslea�the l4a6':lity of�aioin�!�,mawer a Bamwa�successors i_n inte�at.i.ender . _ <br /> aball not be Rquired w canunenee Pcoceedm&s agtinst u�y s�ccessoc ia intense or tefuse W euerd�titne foa piymedt or�� <br /> od�awise modifl►artwrtizatiap of the sums secunod by/hu Socuriry Insmut�cnt by teawn of any dtmand nnde by the arig�n�l ; <br /> Bormwec ar Borrower�s s�tccessas in iMe�est. My for6aru�ce by L.ender in acercising any right o�cert�edy shall mt be a . <br /> �rsiver of or peclude tbe exec�ise of any riglit or n�necly. <br /> I2 Ss�te�ors a�d A�aaod;JoiNt�d Stveral WbiWT:Ca�rs The covenants utd�goeen�encs of tbt� <br /> Securtty L�wrent shall bind�nd beaefit the successors ard assigns of Lender w�M BuROwer.subject to tl�provisions af�� .. <br /> p�agr�ph 17.Bamwer�s cavenams and agcoements'shall 6e juint and sevetal.My Bamwer wdo co-signs this Securicy. <br /> Inst�urttent but does na eaecute the Note: Ea)is co-signing this Securiry Inmument onty to mottgage.grant and c�nvey thu� <br /> B�rtowtt8 interest in thePtaperty u[�der the trnns of this Secprity Instrumen�•(b)is not pe�sonally obligated to pay We snms.. ' _' <br /> sec�ued by this Security Im�unen�and(c)aSrees that L.ei�der and any olfKr Baruwer muy ngnoe to eatend.modifY•for6ear. <br /> ar make anyr aaommodadons with ngatd to the terms of this Soaurity Ltstrament or the Nou without that Bamwu'� <br /> CO115GlG . . <br /> �3 Loap Cia��es, (f tt�e toan secund 6y this Sccurity Tnstrument is subject to a law which sets maaimum loaa„ � <br /> cT�atges,and that taw is finaity iateip�eted so that the inttt�est or other loan charges coltected or to be collected In connection , • <br /> ' witfi thc laan eacad i6e pe�mitt�d li�its..thca: (a)any sucb loan rharge shalt be reduced by the amount necxssary to reduae •. <br /> the cha�ge to the permitted limi�and(b)any sums al�ady coltectal irom Borrower which exceeded pe�mitted limits wiA ba • • <br /> nfimded to Bonvwer_ L.etider may choose ta ara�e th's refund by ceducing the principal owed under th�Nac�or by makirtga-- <br /> dieax pay�rxnt to BoFmwer. If a refuad rednces principa).th�reduction wll[6e tre�ted as a partial piepayment witt�out any. <br /> P�ep►Yment charge under the Note: - - � <br /> i�, Notlas. My notice to Borrower pravided for in this Securiry Inslrument shalt be gi��en i►�detivering it or b�n: <br /> mailing it by fust class mai!anless applica6le law mquires use of another metdod.The notice shall be direae�ro the Pmperty <br /> Addcess or any othec address Borrower designates by natice to Lender. Any notice to l,ender.sha116e giz�en by fi�st class �. _ <br /> � mail to Lender�s adc��s stated herein or any othcr addrecs Lender designates by notice to Boaower. My notice provided for� , _ <br />' . in this Security Inst��zcent shall be deemed to h�vc been given to Borrower or Lender ahen given as provided in thls • <br /> P�4�:. ' <br /> yi�•GpYere�g l,��v;Sec�ral1�73ty. This�Security Instrument shaU 6e govemed 6y fedeml law and the law of die� _ <br /> jurisdichion in which Lhe Pmper�y us P�ted. 1R the event that any provirion or clause of this Securiry Inswment or d�e Nota- <br /> eonflicta with applir�Ttt law.such wnt]iet shal!not affect ather pmvisions af this Security Insuument or[he Note abic6 cui�, <br /> . be given effect w�n1i��1he conflicting provisrort. To Mis end the provisions of this Securiry Instrument scid the Nate aze� _ <br /> dx(ared to be se�e�a��: <br /> � • , ��.�arrower's Copy. Borrower shall be�i•�en one confamed copy of the Note and of t4cis Securirty instrument. �. • _ <br /> • • uT.��'em o�the Propeetv ar a BenqC'�lntet�est fe�l�r�a'ower. If all or any part E�f d�:Praperty or any inter�.in�� <br /> � it is soSd or tr�s„`c�n.�(or i1'a beneficial in*.��,i�Sorroti�e�iri.:sotd or transferred and Svmyker is not a natural person) . <br /> without Lender's.�ar-aritten consenr,d..ender+r;i:;�:at its opeci:;requim�,+Tntnr:diate paymer��:ti fu11 of all sums secured by� <br /> Ihis Security Ins�a�:. �However.this optica���nvt be eaercised by I�:e�;�Ji�+f eaercise is prohibited by federal law as of� <br /> the dste of this Seciri j insUvment. . �� , � , . '- <br /> If l.ender eaercises this opti.�r�Le�r3er'��a;:;�:�ive Borrawer naice af�eieration. 3he�r,3ice shalf provide a period of� � -. <br />� cat less U�an 30 days ftom the d.u3:��*ri no�ce i�y,:Iivered or mailed within which Borroxerr,;�is,t pay all sumc secured by this� <br /> Security Instniment. If Borrow�er.tails to pa�'�lrese sums prior to the expiration of this period,Lendcr may invoke an}r = <br /> nmedies pem�itted by this Security lnsuumenr�K�.tHout fudher notice or demand on Borrower. _ <br /> • 18. �orro�ver's Riaht to Reinsfata [f.t��rtower mects ccrtain conditions.Borrower shall have the right to have _- <br /> , �• enfo�emant ot tbis Security lnstrumrnt discofiinued at any time prior to!he earlisr of: (a)5 days(or such other period uv v <br /> SingkFamily-Fi�adeMsdFrNdkMaeUl\!Ff)RMINS7'RUr1El�iT•-UniformCovmann !!!� IpaR����IhWRes� <br />
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