|
>. -._,.a ..
<br /> ,� `.�" _'�., -.__ `Y . . i-, -
<br /> _ _ _ _ E
<br /> L'7 ql r
<br /> .'i � - �
<br /> �� � .. � �� � . ' ' � l�
<br /> , .. ..', . 5 .. :
<br /> � ' ..�. ;....- � �' - - — - . �_._ . -'. � � _.._... ,
<br /> - - ;.
<br /> - . �� '..ri E+•,. , ._
<br /> -.'� '_ — -_ _ . --=--�-�y� , _ -
<br /> , -- - � --- ---
<br /> - - . _
<br /> -- - ,
<br /> _ - - - --• - - -
<br /> — - --._. .._s • • .
<br /> - �
<br /> °:;��' - ,
<br /> ... ._._. ---+•r�i <. ' . __ , _ - . . - � -_ ' ��""��`� . , - .. :- - �--- ---
<br /> � oaadem�tiaaa odKr aJcing of sny Pnt of tl,e�toQeztY•ar fa rnnveyaaoe ia lieu of caidanns6on.ac+e liere6y usip�e�a�d
<br /> ,. s6�11 be p�id to I.ender. . . �, , � - ,
<br /> � 1n dre eveut af,a ta�t t�iat�g of the Pituperty.tbe Q�afwll.be app}ied m tUe swns secured by this Se�uritjr .
<br /> Iasinuneai.whether or�t diar d�.viritb�►y exoess pa+d to Banowa. Tn the eveot of a pani�l taicing of the Pmpertyr in ,
<br /> � whi�h the�f�ir mulcet vatue at the Propetty immediuety&fore the tatcing is�qwl to or g�rater ti�n the amount of the sums
<br /> . aecuted by this Securit� ns immediateTy befoc�e the wkissg.unkss Borcower az�d l.ender otherwise agRe in writing.
<br /> , the sums sociuod by tbis�ty Iasuumrnt slall be eed�oed by tAe amount of the proceeds multiplied by the foltowing
<br /> fracaae: (a�the toal amount of tht sums secured immodiuely befa�c`the nking,divided b}(b)the fair marlcet value of the _
<br /> ' � _ Ptoperty ir�unediately befae th�•hking. Any balan�e st�ll be ptid to Borrower. In tlie tvrnt,of a partial tatcing af the . _ —
<br /> - - - - - gmpaty in Which ttie fiir m�rtcet vatne of the Ptopett�uim�ediateiy 6efore d�taiiing is Iess than ttsc amamt of the sums --
<br /> ° sec�od imrnedisuty beforc the Wring,unkss Bonower aad Leadtr atf�rrwise ag�tc in w-riting or ualess apptipbte law -
<br /> � �p�vides.�the p�ooeeds shall be applie�to the sums secured by this Security Instrurnem whetlxr or not tl�e surns are =_—_--
<br /> _� If tAe Ftop�ty Is ab�ndoned by Bamwa,or i�after no6ce 6y Lender to Bamwer tl�ar the condemnar offers to malce n=�
<br />.�F aa awud or settk a claim for damaga.Bamowa fa�s w rapand to l.ender within 30 days afier tht date the twtice is given, --�—=-_ --
<br />--- Lender is ant6orized w coUect aad apply the p�oc.adc.at iu option.either w res[oruion or rtpair of tbe Property or to the i.-T_ -.�
<br /> .�-�,:T._
<br /> - �t_=--
<br />- - .aums saured by this Sa�uity Iasdn�nerit,wl�etber ar no[then dae. � _ --
<br /> j± - Unlas l.ei�der and Boirower aherwise agree in writin&any aPDtication of pmceeds to principal shall not extend or �'T��_, .
<br /> postpon�{he due date of the montt1�11Y PaYments iefened co in paragaaphs 1 and 2 a cbange the amouat of such payments. .=-t--�=,3:.�-
<br /> 11. Boerawa 11tot�Rda�sedl; Forbearasce Sy l.rnder Not a Waiver. Facmnsion of tl�e time for payment or ',�s'<_
<br /> � ujodificarioa of a�tian of tbe sums secuced by this Securiry Instrument gr�nted by Lender to any suecessor in inurost �'.�t-`."_ --
<br /> i �,, ;' ,,.`:�;;.�:
<br /> of Bornnwer shall na aperate m ielase the li�5n7iry of the origiaal Borrower or Bormw�is successors in iaterest.Lender
<br /> sbaU twt be nqua+ed to camtnence groceedia8s against any sucres.wr in interest or iefiue[u extend time for paymeat or � ��_—
<br /> �- otherwise mo�dify amortization of the sums sxutM by t11is Se¢urity Inswment by reason of am demand made by the oFigutal
<br /> ' Y Y L� Y � _:% , '.t,�:;-
<br /> '?:.�.� Bamwtr or Bo�awers successors in inrcnst M forbe�ance 6 Lender irr exenisir�g aa.•ri or mued shall not be a
<br /> uccessors
<br /> aaiver of or pncivde the eaencise of any right or temedy. ., � :: `:?`.=
<br /> ,:` �' r �:
<br /> 12. Suaeasore aad A�Bonnd;Joint and Sevaa!LiabOity;C.o�i�gnas. The co�enar.��agnxmeats of this � ;,.i _ :`:.�_
<br /> _ " Secu�ity Iasuument slnU biad and benefit the successors and assigns of Lenderand Bvrmw•es.sti<.��to tbe provisions of ' .'�'��•`?''�,_
<br /> , .,r�•,,: .3 1?.Boaower's cavena�ns and u sha�l b�'oint and several. Bas�,�zr who co-si this Securiry .}!,--�-
<br /> � ,��-..,.�;,_�ri:;�:. paragraph aSc�emen _ J �Y STMS � z:
<br /> ; .�:,_; ;�•�. - InstnanSnt but does not execute the Note: fa)is co-s�gning this Securicy Inswment only urinortgage,gant and convey that ".' ,`.t�?;i;�:1-
<br /> '� ':z-` � �z Hormwer`s intecest irt the Prnpaey under the tem�s of this Securiry InstrumenG (b)is not personatly obligaad to pay the s�ms . _.'`,`:''�'-
<br /> _�',,-�.�: . ' ' '-t � secu:ed b this Suuri Instrume►tt;and lc)a€roes that Lender and any other Bormwer ma aaree to eatend.modify:forbear ��- `'_` '"
<br /> �,.E..,� �.. :.,.. `.�•. 9 tY �
<br /> �-ti`' ` ` or malce any secommadauons with rcgard ta the urms of this.Security lnswment or the Note without that Borrower's `
<br /> I �
<br /> i�'?. •" .c'�- .F - . �.
<br /> ,,�e;.... :_ti,, � pp11SGI1t, , ,� _�.;��
<br /> " ` .' - 13 Loan Charges. If the loan secured by this Security Insuument is subject to a law which sets maximum loan �• - ��'
<br /> - ''�;.,•.' �.:'• • ' �eharges.and th�t law.is finalty inttrpreted so that the interest or other loan charges collecced or to he colfected in coaneetion �.. ..�.......�:�._
<br /> with the loan e�ccerd the ptrtnitted limits.thm: (a)any sueh loan eharge shall be reduced 6r the amown neeessary to r+educe • ,
<br /> �"` "'� ' the charge to the pem�itted limi�and f b)any s¢-�,.s alrcady collected from Borrower which e�ceeded�tted limits wi11 be "• �%� :.
<br /> :`".�;.�,._' .- refurWM to Barowa. l.ender may choose to r..::�this refund by reducing the principal owed und�.d�!K.te or by making a , . ;',' ,,:
<br /> :.:���.>:.: ,._ _ , -r ;:c� ;
<br /> - disect PaYment to Borrower. If a tefnnd nduces principal.the rieduction wtll be treated as a paniat,�.,�yment without any :!;.: ... • �-,;
<br /> ` ` ^ ; �;:_,. ,
<br /> � PnPaYme�t charge tmder the Note. •:: ; .� '. . �).t:
<br /> - •:;.�.�. -�. � � . •r....... ..��:.ri.:.�.,
<br /> , . . . � 14. Notiea. Any notice to Borrower provided tor in this Security Insttument sha11 be givcca fi��delivering it or by ,
<br /> f �.� � , mailing it by first class mail unlas applicable taw sequires use of another method.The notice shall be dirzeted to the Property
<br /> - � � . Addnss or any otlter address Borrower designazes by notice to Lender. Any notice to Lender shall be given by first class ' � � , . ;
<br /> • mail to Lender's address stated herein or any otha address Lender designates b}notice to Borrower. Any notice provided far . � .
<br /> - � � in this Security Instrument sha0 be deemed to have been given to Borrower or Lender�.�hrn given as provided in this � �� -
<br /> _, " �� ���.S�Governing La�v;Severa6ilit}: 7'his Securiry Mstrument sha11 be �ovemed b} federal law and the lavr• �u a:: � `
<br />, � ' juris�iction in which the Property is lacated. In the eve�t that any provision or clause of thia Secudry Inswment or the;�ote � � ' • _ ' .
<br /> ,: .
<br /> • � �' canflicts with applicable law,such conflicl shall not affect other provisions of this Securit}•in:trnment or the No[e which can E '
<br /> `' : : , . be given effect without the conflicting provision. To thn end the pm�isions of this Securin• Instrument and the Note are " . . ._._: .
<br /> ' deC18[ed to be sevCrdblo. i .
<br /> � � 16. Barrower's Copy. Borrower shap be given one canformed capy of the Note and of this Security Instrument. � . � ' ;;"��` '
<br /> . . ... .. . . . . ;,t�.r,•',.}
<br /> • „ 19. Transfsr of the Propert�or a$eneficial lnterest in Borrower. 1f all or any pan of the Property or any interest in - ...y;.,;;.;;. ,
<br /> ;', .:�,�-�`;..�. . .� it is sold or transfe�m.�(or if a benoftcial crrr.e�:st in�orrower is sotd or transferred and Borrower is not a natural person) C ._ ,
<br />.;;t��:, , .: without l.enders Grir,e written consent.Lev�r�ma}.at it�option,require immediate pa��ment in full of all sums secured by • � :
<br />_ � . . this Security In�n�nent. However,this option shall no�be exercised by Lender if exercise i�prohibited by federat law as of . �
<br /> --+�:��� : - � � the�ate of this Security Instrumen� ' - -. .,�
<br /> �°'^ '- � • tfs IIxnder exercises this option.Lender shall give Borrower notice of accelecation. The notice shall provide a pesr.od of ' '�-:
<br /> � '�� ` ' r�r l:�s+s'ran 30 days from the date the notice is delivered or mailed within a•hich Borroa•er must pay al!sums sccured'[�y this � •"`
<br /> ���" �r` �•' ' Secefiiy Insttument. If Borrower fails to pay these sums prior to the expiration of this}xriod.l.ender may invoice any � �
<br /> � • �3�_:. � � nmedies permiaed by this Security lnstrumem without further�otice or demand on Borrow�er. • _. .
<br /> ': � " 18. BorroR•�s Right to Reinstate. If Boaower meecc certain car.ditions, Borroa•er shall have the right to have � � � � •
<br /> �� �`ri• ��.i,;.`•',�: r '. enforeement of this Secnrity lnstrument d9scontinued at any time prior to the earlier af. la)i days(or such other period a� � •• ,;':,i';;:;
<br /> -' � Singte:'-��i:y�Pae�k MadFrMQk Afac L'�7FdRM I�5T8�:Mt�'►i-Gnitorm Coven�nu !I!0 lyoge 4 oj6 pagts) � �:'�''j:.: `
<br />_�.,.: �.i . �:�it�r� r
<br /> :�. ` r �' , ,
<br /> ::4� ' • -.'�. . . . .,
<br /> •�
<br /> - � , .. . . . ' . , . � - . . . �..
<br /> .�,,
<br /> �.�', .
<br /> r - .
<br /> - --- -- .—. - __.,._. - —'-i�;;',-�,c � � • .. �;f..-.
<br /> - '�,--,..�: . . ,.:+,. ' .i_ �, . .. . . . . .
<br /> �"r",..,. '. . • . � ,� ' �. �. � � . �lr- .h? • . � .. � . . � . � � �
<br /> --,s,�� • . . , . : . .
<br /> ., � -
<br /> a�'a,ac' . . _' . . ;. . . .. ._ . . . ' . . . - -
<br /> � . .
<br /> ..-. •�.��r ..• • , . , . .. .1.. � i1M,. :.�Y�
<br /> —_--...�..,w:� '�:.- .�/� :� '_ . _ '� '_'_ _ ' :`4_...f� t:+�',`� .. � r . ' . . .. .. ' _ __ _"' '__' ___'__
<br /> - � :4 -. . . - : 3v:rz�.yy � �-� ..* • . .
<br /> .�4ACi i, .. . . . ��,•f'�r . , , ,
<br /> ��,r_,.Y` . _ �-�_..k,... . t` .. _. . . .'fx�+ � .. _ . _ .� . ... ,
<br /> - --•�.}.-� -.. . „ _- - . . -. . .- :.
<br /> �,r- � �. � , .�,� •..�e�y� S il��� �: . '.. .. .,. � ,.
<br /> -� �� �y?i1c .���.' • .
<br /> r+�nrr+v.C_= . ' - � � ..`• '
<br /> - — '_`�r' : '�..ae;; -
<br /> . _ ��._'2:%-. _ . ' . . :.;.s�'L�_. rie. .. . . • . , _ .
<br />
|