|
_ _.— --- - - - - -
<br /> - : -_- — � -- — � .� ,���"`. �" ... .. . _
<br /> . '.�:�: '-
<br /> . `��o�r iia ioi/erbe ee�ired.a�IYa�quloR�t,L�r.if aoi�s i�wrsee qa4'en�e(ia 1�rsamoua�t aad 16rll�t�eeiei.;:. -,'< :
<br /> � ` ��'/�� ��PIiO��M���Md�����'�M'�0�ty���;i�.'�IO��� :�:.=;'::,
<br /> �e}i�i�a r�ii'ed�o riruis aaw�i�wri�o�r i�Iict,atto�oni�e a bw n�Me;w131 tl�e req�i�iut!or a��/ye . .
<br />, �`i�ia�ioe aNM i�iacii�d�t uri�4�r wrl�ii��Iri�t Mtw�ad��oet�o�+r i�d 1�eir or a�piiabia i�r: . � . . ,
<br /> < !:�c1M�.I�etlar a ia�eu w�t��s e�a�iE arries rpqs md inp�eceiomr ot�PropatY.I.eedet�It pve .
<br /> ' Hoez�er mejc�e�t t�e ti�rD c+tar p�int��o�s i�pa�tioe�edfj►i�i��u�e!6e t6e io�pa�tios. ' : :
<br /> - � i�.C�.�'[be pooeed:of any aM�d ar.d�iot Icr d�o�a,die�ect�oe aoo�egua�ial.ia ooaactton wit�aol►
<br /> cnodemo�tiva a a�er nki�c�'ioyr p�4 of die Psapaty.a for oonvey�noe iu liea af coadar�don,�ne berobY�i�d�, ,
<br /> adl!be p�b.IRnde[. : . , - . _ - '. • : _
<br /> In the eveat of:ta1a1 ttlut�of tbe P�paty.tAe pocro�sWl!De�pplied to d�e wmt,eecurexi by t6ia Sea�uy 1a�neat. _
<br /> 'w�delLa�a not tbe�i due,�k sny e�,caa p�id ta�o�rnwer•.ia�1c evei�t.of a parti�i htin�of,tbe Propary in wrbieb,¢�e f�ir .
<br /> ' mrtcet vaWe at the A�aQarty Ima�edi�dy 6ela�t�6e tatier fs eqwl to a��aMor d�rn tbe�anou�t of the sums�ecured by dw
<br /> � S1ea�ity?aitc�oeot immodi�Id��6etore th�tati�.rde�Bo�ro�r aod La�de,+r a�i�e�roe ie�rritios,die�uut i�ecutad lry
<br />. t6�is Se�rity Imammwt�aU be teduoed by tbe:�mouot of the Pe�ooeeda mWt�ied bY.the tdlo�;�[�ctiou: (a)tbe toral •
<br /> auoant of t6e s�mos socured ia�neditid�►betae tAe n�kint.divided by N)tbe fair aiactca vabe of d�e Ptopaty ia�nedi�idy .
<br /> �b�fa�e dre alonj.Any 6vaqoe aMll he pid b Baeraww. In tb�evait ot s pntLl talcipg of We Pmpaty in�t6e f�r.
<br /> awlcet value af tbe PtopeRy in�mediiody 6efae t6e iai3n�is kss thm tbe artiount of d�e snnm saaued it�Ody 6efu�e tbe' . :
<br /> t�a�,nniess Bamw��d L�der etha�rise ajtae in�rtitio�or nuless appl�cable law otbe�vise provldes,tt�e P�ocebds�ll
<br /> . be�pplicd to tbe a��eaurid tiy ttis Soauity inwuroart�rl�etl�er or mt the sums ate tben due. �
<br /> �f tbe P�oQaty is ab�rrdoned by BonovYa.ar if,aRet notice by Ladar w Bonuw+er tMt the 000demrwr offers to�te�R. '
<br /> �.a�ed�settle a ctaim for d�n�ges.Bormwer f�ils to napoad to�I.a�der witbin 30 drys�$ec tLe d�te the aotioe is given,
<br /> La�ctar is�utborised to ooIka and�pply the penooeds.at Its oplion,eitber W nator+Hots or�ep�ir of tbt Proppty ai to tbe sums
<br /> . �ecv�ad 1ry tlas S�oa�ity I�mt,whnther�mt thm tlue. .
<br /> Unksi Leader aod Bo4row�r otl�er�viae qt+ee in writing. mY �pplic�on ot Piooeeds ro principd a6all aot extad oc
<br /> postpone tl�due dHe af tbe�aoatldy payajnw refetmd ta in p�rag�pha I a�d 2 or dtanae tbe uoouat of sucb paytndrs.
<br /> ., lt.Eor�+uwtr Plot Relare�:For6ara�e Ey I.e�da Not:Waiva�.E�ctauion of tl�e time f�r paynta►t or modific�Rion
<br /> of auw�tion of tLe ana�s secund by this Sa.urity I�uwrt�ent gnnted by I.ender to a�ry aucoessos in interest of Boerower s1�U
<br /> not operate w t�ekue i6e lia6ility of tl�e origiml HoRUwer or Baimwer's suoassorc in intentt.t.eadei`s1u�U aot 6e t+equired to
<br /> � oo�eace pcooeodings against any suoassor in interest or nfuse to eMad time for p�ymeut or otherwrise modlfy amortintion
<br /> . oi t3�sums secuc�ed by thia Secudry lnstcumau by reasoa of aay demand made iry the origiaal Bormaer or Bo�rnwer's
<br /> suooc's"sors in inta�es�My fotbeuance Dy Lender in exerclsing 9ny rigfit or remedy sl�ll not be a waiver of or prochide tbe ..
<br /> exei�eise of aay right ar cemedy.
<br /> 12. 5uoca�eors� Ad�Bouod;Jdat and Seveoal I�lability;C,o�Oas. The wvemnts aud�ts of this. ,'. ,
<br /> So�vriry Iagtn�ma�t siwl!bind and bene6t the suocessors and assigns of I.ender and Bormwer. sdbject to t6e pmvi9ions oF • .
<br /> puagraph 17. Bomnwer's ooven�ats aad agroemmts shaU be jolnt and several. Ang Borr+ower who oa-siS���.�!MY ., .
<br /> Insavma�t M�s does na exea�te the Nota:(a)is oo-signing this Security Instrurtunc cm���tis murtg�ge,.graaf�wnvey tbaE •
<br /> H4mower's int�erat in the Property under the terms of this Security Inmumenr.(D)is noc persoaaiEq�'i�i�t�tod w p�y tbe sums ::., .
<br /> �`,.;'j saur`cd by this Sa;uriry Luhummt;and(c)agras that Lender and any ottier Boaower may agne b��tii�.modify,for6ear or �;, �. ;.
<br /> ' � `�e any accommodadons with regatd to the terms of this Securiry Instnunent or the Note witliout 4�c`Barmwer's consen�
<br /> � ��;�3 Lo�n AquEes.If the loan sa;ured by thls Secudty Instrument is subject to a taw whicri sets maximwn loau charges.
<br /> ant!`that law is fittally interpretad so that the interest or other loan charges collocted or�to be ooliectsd in wnnoc6oq with the
<br /> loan eaoad the pem�ittod limits,then:(a)any such loan charge shall be raCwred by the artwunt nooess�+to redua tbe charge ,
<br /> to the permitted limit:and(b)any sums already co1lectod from Borrower aduch exceeded permlttod�l�its wUl be nfi�aded to.: :.;:.:.,
<br /> Borrowor. La_rder msy ci�oose to make this refund by rodudng 1he principal owad �der the Note or by mai��qg a dlt�oct'� ��•' �;: '
<br /> . pynxnt to Borrower. If a refund reduces principal. tlie reduction will be ne+ua�i as a partial prep,ayment vw�out arry
<br /> Prepayment charge under the Note. .
<br /> 14.Notio�s.My noticc to Bormwer pravided for in this Sesvrity Insuument shal!be given�y d�veting It ot by mailin�;:,.�,.
<br /> .. it by first class mail unless applicable law requires use of another methad.The aotice shaU be dirs�c�t�*.the Prope�ty Addness''� _
<br /> ' ' � or,r�ny other address Borrower designates by notice to Lender. Any notice to I.ender shall be given hy first ctass mail to
<br /> '�:pri�'s addt�ess stated herei�a or any other address Lender designates Dy notice to B��a�er.Any notioe providod for in this
<br /> Sec¢iitijr lnstnunent shalt be deemod to t�ave ban given to BoROwer or Lender when gi��,a ac provided in shis paragraph.
<br /> 15.Gover�fng Ls�r; Seversbility. This Security instrumern shall be'govamed by federaf law and the law of the
<br /> • j�uisdiction in whids ttie Property is lacatad.In the event that any provision or ciause of this Security instturnent or the Note
<br /> oonfl9ds witls appl'�Ie taw,such conflict shall not affect other provisioas of this Socurity Instmment ar tl�e Note which can be
<br /> giyen effect withoiit the oonflicting provision.To this end the provisions of this Sec�rity InstNment and 4he•Note are doclared � �
<br /> � to be severable.
<br /> ' 16.$orro�rer'a Copy.Borrower shal!be given one conformod copy of the Note and of th�s Secttfity lrtsttllmeat. , �
<br /> � : .. ,
<br /> � � Fam902A !Illi�;,,
<br /> �'� �' � Ppr4o18 r: ' '
<br /> ,�'i' � ... . . . . .
<br /> .,_ .. .i, • .-. � .
<br /> ;,j,.` _ ,��,��;(:,'•.�.�' . ' . . . • �
<br /> ,�.�.'�.: , . � .
<br /> ' '• p;'C � - � . , . : . , . .
<br /> � . . .
<br /> _ . .
<br /> h'. ,.,:.... _ . . . . . ._.— _ — �---.._._.. -
<br />
|