|
' , . • , � . . G } ." ; _ �C ' . a �.. .��T � •��'`.. . ` . , � .
<br /> � . . � ' . ' � " � � �� ' � � � � .
<br /> ` 00�`�f dMlf t�Of My�t��pFOpRly►Q�`OOrYCy�IQC�1�1lt Q��11�0�011��1'6��� � '
<br /> tY�L bb p�id q Lrlyder.� , .� ,. < <. . .- � _ ,; , �
<br /> �. �` a aK r�t.aF:wat�,aF ms P,v�c9..d�e Poc�ba.�ru be appued�a�he�se�nea b�r!his secu�ay► ��i :
<br /> I�ait.w�et oa pot diea dre.�rid�an�t exast P�bo 8oirower.,Yu th2 evant of a p�ti�i tati�af die Rope�y iu �
<br /> � whielt die�e i�f�t v�ot d�c Atupeety iiameditrciy 6do�c t6e t�is eqwl to or p��er W�a tre imouat of Uie e�s ,
<br /> . tecwrd�ry tbi�Sa�eritp�aeat immediulely be�ae the taki�:dess BoRP�and[,eatier oHiawiae apee in wlit,inf.
<br /> d�e sao�soca�d by dos Sec�Ln�sait�alE be tedoced iy 1he amoaet of thep� nwkipGed by tbe idiow+ni
<br /> � ua�tioa: (s)tbe#otal amaik of tAe�tns axs�ed inynedaody befae the�.divided�?the tiir a�l�et value oE t6t� '
<br /> Ptnpen�iiamedi�lely befa�e dx t�aE- AnY 6d�noe slul[�e p�id 10 8am�er. 'Irt�e evaat of s p�tid pt�o�tbe .
<br /> A+nppty�n wfiicfi d�e fair m�l�et val��a of d�e Pteperty nnaa�Mel;r befo�e U�e tai3ng is las t6�n die amount o�d�e aums
<br /> , �M!Dd�Y��d��unless Botna�vst�ad La�der othecwne a�,roe m wnitu�ar�oiess�cable lawr�, ,
<br /> . , ad�aw�i�e paride�the p�ocads sMl! �plied to the suau sxu�d by tbis Securiry Iasfiqnrnt whed�cr or not w�sme:--
<br /> � ��Ptvpe�ty is aD�pdonM by Banowier.or jf.atler notict by l:ender w Bamiwer th�t tLe eaademoor otfe�s ta mrica
<br /> an a�r�d ar�ettk a claim foc dutuges.Bvaower f�ils W�apond w l.erider widun 30 dsys�er d�e d�oe die notice is given.
<br /> l.eader is aWhorined w collect aad apply the pmceods.at its option,eitber to nstor�tion ar np�ir ot fie Propaty or to tbe ,
<br /> _ • sums eocwed ty diis Sec�uicy iastnamadt,whether or not t6en due. ° .
<br /> [laless Leader aod Baimwa atherwise ag[ae ia writing.a�y��pplic�tion of pocads to princip�l sluil not extrnd or
<br /> postpone tbe due date of die mont6lY PiY�ieferted to in ptwaraphs t�nd 2 or ci�ge the amount of sucit WY�•
<br /> _ 1L aoerower Not Rekadeds Forbearawce B� l.e�der Nat s WLivew Eatension of tbe tuae far psymaK or
<br /> mod'�tioa of�moctmtion of the sums secuied 6y tl�is SeCnrity Ithsaumea�g�aokd by Lender a any suaessor m b�d�est '
<br /> of Boaawer s6aU not operate to relase tt�e lia6�ity of the aigirql Bamwer or Boeaw�er�s.suooesso�s in irHaest.Lendpr ,
<br /> �a11 aot 6e nquirod to ca�ut�ence Poceedings�gat�st�nY successoc jn intaest or refiise w exteod time far paymeat or
<br /> • otbawis�modify�unoRiz�tian of the su�ns seca�od by,this Secatity Insonanent by teason of any dhna�td�n�de 6y the disinii .
<br /> � Barrower or Ha�m+ver'a wccaso�s in iate�est. My fa�bearance by Lender in exencising any right et nGmedY aha11 uot 6e�t .
<br /> . waiva of or peclode the exeneise af any right or n�ae.dy. -
<br /> 1L Sro�e�s a�d Aa�Baand;Jdet asd Sevenl 1hbiNty:Co�3�ers. 'Iitie covenmts and ag�ee�nents of tbis
<br /> ._ Seeuriry Tnsm�meat s�ll bind and 6enefit tt�succes�sas�utd accigns of Lender a�BoTrower,sabjxt to the pravisioos of.
<br /> pazagrapt� 17. Bortuwer's covenants and ag�nents shaU be joint and sevenl.My Boirnwer wlio co-signs this Socurlty
<br /> .Inst�xat but does aat execute the Note: (a)is co-srgning this Security Instrument oaly to mo�tgage.grant and cuavty tlwt ,
<br /> Boaower's inaesest in the Property imder die tem�s of this Socuriry Instrument; (b)is not personally obligaud ta pay the swns�
<br /> socurod by this Sa:urity I�awnen�and(e)agriets that Lender and any uf�er Bomnwer may agme to extand,madifY,forbear
<br /> or make any accommoda6ons witt� �egaid to the te�ms of this Security insuument or the Note withoat U�at Bortuwer�s
<br /> consen� �� '�
<br /> 13 Lo�C6sr�es. IIf the laan secund by this Saur�ty Instrument is subject to a law which sets maxlmum loan
<br /> charges,and�hat law is finally interpreted so that the interest or other ta�n charges wllected or to be wllected in cannecdon
<br /> with the loan exceed the permitted limits.then: (a)any such loan charge shall be sedaced by the amnunt neassuy to reduce
<br /> the c6atge to the permitted limit;and @)at�y surns already coltected from Bormwer which exccederl permitted timits wilt 6e
<br /> ref�to Barrower. I.endermay choose to make this nefund by neducing the principal owed�mi�r�fie Note ar by making a
<br /> diceci payment to Bonower. If a cefund reduces principal.the reduction will be ar�ated as a paitiai prcpayment without any
<br /> picpayment charge under the Note. ,
<br /> 14. Nuti�s. Any notice to Bomnwcr provided for in tbis Secwity Inswment shall be given by detivering it or by
<br /> mailing it by.�ssi ctats mail unless appticablc law reyuires use of another method.The natice shalI6e directed to the Pioperty
<br /> Address os an}other address Borrower designates by notice to l.ender. Any notice to Lender shall be given by first class
<br /> mail to Lender's address stated hcrcin or any other address l.ender designates by nodce[o Bomo�wer. My notice ptovided for
<br /> in this Security InstrumPt�i•shall be deemed to have been given to Borrower or l.ertder when given as provy,l�d in this
<br /> P�B�Ph•
<br /> 15. Governiag I�aR; Severt�blllty. This Security Instrument shaU be gwemed by federal law and the law of the
<br /> judsdiction in tvhicfi the Property is tocated. In tfie event that any provision or clause of this ScxeE.rify Instrument or the Note
<br /> conflicts w�ath applicabte law.such con6�3c2 shall not affect ather provisions of this Securiry lnstr�er•.a or the Note which can
<br /> • ]ae given effect without the conflicting"pravision. To this end the provisions of this Security tnstrument and the Note are
<br /> aleclaz�d to be severable. �
<br /> I6 $oreower's Copy. Borrower shall be given one cont'ortned copy af the 1`ot:and of this$ecurity Instruvmen�
<br /> 17. 769nster oi the Property or a Benetldal interest im Borrog�ev If all oc a�y part of the Property or any interest in
<br /> it is soJd or�ansfernA(or ii a bcnefc:,ia;intere.et in Botrower is sa2i�rn uansferred and Borrouer is not a natural person)
<br /> without Leader's'pcior written conse�,�:ender may.at i�s option.r�:qt:�immediate payment in full of all sams secured by •
<br /> this Security Instrument. However,ths option sha11 not be cxercise�i�y Lendcr i�exe*cise is prohibited by federal law as of " ,
<br /> the date of this Security Ins�rumeN. .
<br /> lf Lender eaercises t:"ss option.L,eader shall give Borrower notice of accetera��n. The notice shall pravide a period of
<br /> nat tess than 30 days from the date tf�e��ire i�detivemd or mailed within which Bonower must pay all sums secured by this
<br /> Security Instrumen� If Bortower fai6s i�pay these sums prior to the expiration af this period. Lender may invoke any
<br /> � romedIes permitted by this Security lnstrument without further notice or demand on Borrower.
<br /> 1& Borrower's Riaht to Rei�tata If Borruwer meets certain conditions. Bonower tihal! have the right to have
<br /> enforcement of this Security Instmment discontinued at any time prior to the earlier of: (a)5 days(or such aher period as
<br /> � Sin�le Family-Fanek MadFnddk Mac lIPi1FORN iNSfRU:NF.M1T••Uni&xm Covcnanb 9M fpoge 4 of 6 pagt.tl
<br /> . � t., - •
<br /> -------=�=�1,--�--,.�-8;�e��_-- -
<br /> -- ��''- .r, -:�.�� _
<br /> :_-.. , --;n-� . . -..-- �,rr +�� :�£�•,` . .T_
<br /> `�,,. ..� : �. •,,,. �`
<br /> _ ]5e-a:� ' c. :..,, -
<br /> _ _.— . _.-�r:. . . . �� .. . � . � � ""_":[.S���S'SA.'�.j: . . .. . .. . .. . _..
<br />
|