|
�.•` _. . . _--
<br /> � �' : � .. �.: . � `.. � � � <. � � 94�zo��: .. � � �
<br /> '° - �,�„�;�,,o icw�inr bc,�eqi�in,it,�t uc cpaoo cf tsna�x.if moet�cio�nr.oce.00var+�e r,n t6e amouat and t�me ptrioa : -,
<br /> tYt r�dec taqai�}prt�rided 6�f�n io�er�pp�arad bi►I.eoiler+�a�om���+!sit�e aod is ob�inal.��i p�y .
<br /> ��!�q�ed b m�mra mwt�io�e�eae ie t�iect.or to pedride,s Iolt radrve.�wti!t6e lequi�'aeeaL tar monp�a.•
<br /> imuriooe asd�in a000nl�ioe�r�dr aa��nid��betr�em Aazu�et�ad I�e�ader ar�pplic�ble law. � . , � ` ' .
<br /> � � �l:,L�.Laidee or ks a�at mry m�te rn�oo�bie aetriea r.�on add�inpeciions of the P�opafY. Ysnder a1W1 pvt ':.
<br /> .!lo�:v�re�oQ6oe at tfie time of o�prior to�a ir�oction�pa�fyi�t r�o�ble ca�se fut'�Ae impectk�t�. . . �
<br /> 1�.,�.'lUe pnooeeds of�my a�w�td or el�im fot damqa.di�ect or aoesequet�l, in 000nxtioe wlth aay �
<br /> . aaodaam�tio�o�atba�nlcia�ot mY Q�t of the F�p�Y•or for oonvey�aoe in iia of coademoation,are here6y assip�ed and
<br /> a�ii ba pad ta Leader. � . , � - .
<br /> ' , Lt�hc eveot of 3 wtal4kii1i6 of the AvpatY,the proaeetts sh�ll.be appGed to 1he wms aacu�+ed 6y this Secwity Insu�unait. �
<br /> ,. 'wLetber a mt d�ea doe.with�ny tu�ss P�d to Borto�ver.Ia tbe�rmt of t,p�tisl t�king of tbe.PmpeRy in whids die fsir�.
<br /> a�iCet vaiue af the P{nparty immedi�tetY befae the nicing fs equaY to ar gteater tbaa tbe a��of tLe swn�savrod by this '
<br /> Sxurity Immunoeot imnKdi�tdy befae the tddog,uoiass Botenwer and I.ender otba�vite sEcee in writit�g,the sumg sav[ed by.
<br /> ' thi�Security Iustmme�ot shall be�educed by tl�e mx�unt oi t6e pcaooeds multip'tied by the folbwing fraction: (a) the total
<br /> amomot.of the�secared imme�tetY bafae tbe.talcing.divldod by lb)tbe'f�ir m�rtet value of tbe Pmrerty immodi�tdY
<br /> ,befun tae tating.Aay 6alaeoe sha11 be paid ta Bormwer.In the event of�pattial nlon8 of tLe Propetty #n whieti the fair
<br /> m�dcd valat of d�Fmpercy i�edi�teiy 6efae the ta�iag is less tWn the amount of the sums sau�ed.immediately befota the ,
<br /> tating,��kss Borsower am Lender`atbdvvlse agtee in wtitiog or uniess�+plica6le law othawisc pmvides,tha pcooeeds shaU
<br /> be applied to the wms sxo:ed by tbis Senirity I�trument whetha or mt the sams u+e tLa�due.
<br /> If the PmQe�ty'is abomctoned hy BQlrowu.or if,aRer aotia by Leoder to Bomnwer tl�t the condemnor offers to m�lce an
<br /> a�vacd or seWe a cl�im for dam�ges.Bomawer fa�s to trspond to Lender within 30 days aftcr the date die aotia is given,
<br /> I,eoder is aothocized to colixt atd apply tbe p�ncbods.at its option.eithcr to restoration or tepair of the Propeity or to the sums _--.
<br /> � secured by this Savrity i�ument,wbether or not tha�dne. , • '
<br /> � Unkss L�ender aod Borrower othenvise agrec in wridng,any applic�tion of pnxoeds w principzl shall not exteld or —
<br /> po�stpone tlse due dau of ttic monthiY payn�sts referrod w'sn p,angraphs 1 aad 2 or change the amour�t of such payments.
<br /> 11.Bare+u�va'Nat Rela�d;F�+��B7��a Waiver.Eateosion o f t h e time for payment or modificapon , —_ _
<br /> of aroorti�tion of the sums scwred by this Savriry inctrament grantod by Lender to any successor in interest of Bomower sbap =
<br /> � aot operrte to release the liability of the originat Bomnwer nr Hotcower's sac+cessors in intesest.Lender shal{not be required to °__,_
<br /> oo�nuxn�pcncadings�gainst any successor in interest or nfiue to extead time for payment or otharwise modify amonization , :_�.�
<br /> of tbe sunas seLviod bY.this Saa�ntY InStrument by rqson of any demand m�de by the original Borrower ar Bormwer's
<br /> svccessols in intsrr�. My forbearance by Leader in exercis�ng any s�gAt pr remody shall not be a waiver of or preclude the '=��
<br /> exercise of�ny right or nmody. ' ___
<br /> 12. Soo�es�p�s and A�Bonnd;�oint aed Several Liptiility; �o�'s:The covenants and agnoements of this . ---
<br /> Security Instntment shaU bind and benefit the succeswts and assigns of Lender and Borrower. subject to the provisions of �
<br /> puagcaph 17. Homowu's eavenants and agreements shall be joint aad several. Aay Borrower who casigns this Securiry �"�
<br /> Instniment but does not execute tt�e Note: (a)is co-signeeeg this Security Insh�►t only to mortgage.grani as�d wmey that
<br /> eg
<br /> B c i�i vwa's i M e r e s t i n t h e P�+n p e rt y u n d e r t h e t e rn u o f t h i s S e c u r i t y I n m u m e u t;(b?i s n o t p e rs o n a l l y o b l i g a t e d t o p a y t h e s u m s
<br /> sea�c+ad by this Security Instnunent:and(c)agrecs that I.ender and any other Borrower may agree to extend:modify.forbear or '
<br /> inaice any aeeomr�ndations with mgard to c�a cerms of this Seeuriry Insuument or the Note without that Borrower's wnsent. �`
<br /> 13.Lu�n Cllarges.If the loan secaraw 6y this Security Instrument is subject to a law which sets maximum toan charges, ..
<br /> and tbat law is fnally interpreted so that the interest or other loan charges cofiected or to be collectetl in connection with the
<br /> toan eaceed the permitted li�ias.then: (a)any such loan charge sha11 be reduced by the:imount necessary to reduce the charge �f
<br /> to tfie pemutted limit:and(f�p atiy sums already collected from Bonower which exceeded pertnitted limits wilt be refundod to ,
<br /> , Borrower. l.ender may chaos�z to make this refund by reducing the prit�cipal owed under the Note or_by making a direct ��
<br /> paym�mt to Borrower. lf a r�fund reduces principal, the reduction will be treated as a partial prep�aymenr without any
<br /> � P?�Y�ntcharge undef`the ti4�.:. .
<br /> �4.Notlees.Any notia�t�Qarrower provided for in this Security Instrument shall be given by delivering it or by mailing '�%'�.:.
<br /> ,;,1•,:..
<br /> ,......,
<br /> it by�'first class mail unless ay�`,;.able law requires use af another methad.The notice shall be directed to the Property Address y�;,',;;,_
<br /> •a.,:,r
<br /> or any other address Bono+�er:designate� by notice td I.ender. Any notice ta I.ender shall be given by �irst class mail to .rl:�
<br /> Lender s address stated hercin or any ot�e�a:dress Lender designates by notice to Bono�vcr. Any notice provided for in this �- ���
<br /> Sec�rity Instrument shall be deemed to Ir���e C'i�en given to Borrower or l.ender when givcn ati pmvided in this paragraph. ��}�
<br /> t3.Governing law;.Severablltty. This Security lnstrument shall bc gnvemcd by fcdcral law and the law of thc � .
<br /> jw�i;..�'rction in which the Properiy is located.l'n the evea►i that any provisidn ar clausc af thi�Sa�urity Instrument or the Note � ,•
<br /> oopflicts wiih�plicable law. such conflict shali not affect other provisions af this Security Instrument ar the Note which can be `
<br /> given effeet►���huut the wnflicting provisi�n,To this end the provisions af this Secudty lnstrument and the Note are detlared �. -�-
<br /> � -
<br /> to be severablz.• � .
<br /> 16.Borrarwer's Copy.Hottower shall be given atte aonformed copy of the Notc and of this Security Instrumem.
<br /> ' • . Fosm 3028 9l90 �.�.
<br /> - . - � . v.gosore � � � .._
<br /> . �'.
<br /> �.
<br /> , �. ..
<br /> . � ' . . • . '� ,
<br /> • . . ' ;�_ ,;�
<br /> ��-fris�� � �^r�r�v���: _:_:--�—.�:... ._ ',S''�"';�
<br /> ---xi.��si��w�s:`_ �K.,,s j ,Y e �1�_.:
<br /> -w ��.,�,v'.r.� �t i`s�
<br /> - ---._ � ,.a.��. ���.
<br /> -=�:.� :'��ia.i`.
<br /> ._ti':;.�'�.ySr.,:,f.:--, t�!�ii��; . - .. - - �._. . � . . -. „ -
<br /> ��` Trfihy . _�r.e�+�;�rA:�• ,r'`�,..
<br /> ._— :,?. . ,l
<br /> �?�E"^ - � ' 1 i.•)i'' —. - ,:��' �- ' '. . ,
<br /> �.•�_ .. . .,.. . . .. . . .- - ...,. .. .. _ .. ._ .
<br />
|