|
'h ��� -
<br /> ,_ ��� 94-ioszo�
<br /> pe4yaiaMt a4ey ao la�er be nq�Led.at tbe option af I.adu.if nwRg�e inwratKxs ooverage(in the urpunt ud fot she petiod
<br /> 1Y�t L�ada �aquira)P�avtded by�a inwra approved by.Lenda agaia becontiea�vallable and 1a obttined. Borrawer ih�ll pay
<br /> d�e pro�niunr roquirod to m�lau�ia nroct�a�e inwrsnoe fe efl�ect.or to provide a laa reauve�wnil the roqu[ien�at for aaort�p
<br /> ia�umoe ada in accadanoe with�ny w�tta�y�ceanetu betwan Borrower�nd La�de�or appllcable law.
<br /> !.I�ect{ou. Le�der or jts a�qK mty mdce rra�otwbk edrirs upon�nd I�upectiotu af the Propaty.L�ender�hdl�ive
<br /> 9ortower notke at the time of or ptiar w an inspeq�ion�pecifyln�rasomble awse for the inspoction.
<br /> 10.Condaaaatlou. 7'he pmceads of�ny awud or claim for duiuga, dirod or con�eq�ential. 1n com�axion with�ny
<br /> �-�"-� oondenuu�tlon or othc�Wcin�of my prt of the Property.or for convey�we in lieu of condcavwdon, �ro hereby�ssi�acd aud
<br /> �hall bc p�id to L�der.
<br /> In the eveot of a toW taking of the Property,the pnx�eodc si�l�be apPlied to the sums savrod by this Saaidty Inawment.
<br /> whqlKr or not then due.wlth wny exass paid ta Borrower. In the evau of s�p�tial taking of the Property in which the fair
<br /> markct vdue of the Property immodiately befone the tal�ng is equal to or greater th�►the amount of the sums sa;urod by this
<br /> Security Inurument immediately beforc the t�kinQ.unless Bocrower ard Lender athenvise agroe in wdting. the�wms securod by
<br /> _ thj�Secudry Instrument shall be roducod by the wtiount of the proca�s multiplied by the following fiaction: (a) the total
<br /> unount of the sumc secured immediately before the taking, divided by(b)the f�ir m�rkec v�lue of the Propecty inunodiately
<br /> beforc the talcing. Any balw�x shall bc psid to Borrowcr. In the ovent of a partial taking of the Propercy in which the fair
<br /> market v�luc of the Property immediately before the wlcing is less thar►the amount of the sums secured inunediately 6efon the
<br /> tdcing. unlesc Borrower and Lender otherwise ngroe In wdting or unleas applicable law otherwise provides,the pr000eds�11
<br /> be applial to the sums caurod by this Securiry instnrment whether or not the eums are then due.
<br /> _ If the Property is abnndnned by Aomower,or if.after notice by Lcnder to Borrower that thc condemn�r offers to nv�cc an
<br /> awerd or settle a cla�m Yor dunagcs, Borrower fails to respond to Lendcr within 30 days after the date the notice is given,
<br />-•`' Lend�r is author�zed to collect and apply the praceods,at its option.either to restoration or repair of the Property or to the sums
<br /> securod by this Security Instrument,whether or not then due.
<br /> . Unless Lender and Borrower otherwise agree in writing. any npplicatian of proceeds to principel shall not extend or
<br /> postpone thc due date of the monthly payments referral to in paragraphs 1 and 2 or changc the amount of such paymenu.
<br /> 1l.Borrower Not Rdeased;ForbeAmnce By I.eoder Not a WAlver.Extension of the time for payment or modiftcation
<br />, of amortization of the sums saurod by this Secudty Instrument granted by Lender to any successor in interest of Barrower shal!
<br /> not operate ta releasc the liahility of thc original Borrowcr or Borcowcr's successors in interest. l.ender shall not bc roquired to
<br /> commence praceedings against any successor in interest or refuse to extend time for payment or otherwise modify arrwrtization
<br /> of tt�e wms securod by this Security instrument by reason of any dcmand mede by the original Borrower or Borrower's
<br /> suooessors in interest. Any forbearance by l.ender in exenising any right or remcdy shall not be a waiver of or preclude the
<br /> f�i.. exercise of any right or�emedy.
<br /> ��Y� '�' ^i;,:'':.�.'' 12.Successors And Assigns Bound•Jotnt �tnd Sevem! Listbllity; Ca-signers. The covenants and agrcements of this
<br /> ns..:�-., .
<br /> '� � 'ti�'�f= Security Instrument shall bind and benefit the succetison and assigns of Lender and Borrower, subject to the provisions of
<br /> a���'��rL~ ..�
<br /> ��-,,*.. y�a.,.� pardgraph 17. Borrower's coven•rnts and agrcenxnts shall be joint atuf several. Any Borrower who c+�-signs this Security
<br /> 'r�� � Instrument but does not execute the Nate: (a) is ccrxigning this Security lnstrument anly ta mortgage,grant and convey that
<br /> �,�,�:; �,.,;;<:.:,;',
<br /> �.'�v Y�:.�:. . Bortower s inrerest in the Prop�:ny urnicr thc terms of this Sccurity In,trumcnt; (b)is not pe�sonally oblig:�teci to pay thc sums
<br /> :sor•�.�...-,.,.,
<br /> - •��r�.-.•- • secured by this Security Instrumcnt; �nd(r)agcces thut Lendcr:►nd any other Borrower may agree to extend,modify, forbcar or
<br /> r��• t-=- �^'^°• rrwke any accomme�dations with regard to the t�mu of this Security Inatrument or the Nc�tc without that Borrowcr's ronscnt.
<br /> ' •��t►�r'.:'v`' � i i,Lopn C6artqe4. Tf the Ic�an secured by thi,Secutity lnstniment iti subject to u law which uts muximum loan churges,
<br /> '�''•- '- "� and that law is finally interpretcvi�o that the interest or other loan chargcs collected or to t►e rolicctcd im m�nection with the
<br /> - L�-�`'�f"'--R4�4 loan excoe�the pem»ttecl limits,then: (a)any.uch lo•rn charge shall he reduced by the umount necess•rry to reduce the charge
<br /> ;��u�iE.�Y,r.:.���:� • to the permittcd limit; and(b1 •rny aumti alreuJy rollected from Be�rrower which exreeded permitted limit+will be refundai to
<br />• :bsnr.�:�•r�,� •.: ••. BoROwcr. Lcndcr may nc�w� to nwkc thi. rcfund by rcduring th� principal owcd undcr thc Notc or by nuking a direct -
<br /> _�"�2"� paymcnt to Borrpwer, if a rcfund reduccs prinripal. thc redurciun will bc treated �., u p•rrtial prepuymcnt with�ut :uiy =
<br /> , ''� ' prcpayn�ent charFc under thc Nutc.
<br /> � 14.Notic�.Any notice t��Bc�r�owcr pro��idai ti�r in thi. Sccurity In�trumcnt+hall lx givcn by dclivcring it or by nwiling _
<br /> '� ' •� it by tirst class mail unleti�applicabtc law reyuires u+e of anothcr meth�xl. The notice�hall he directed to the Property Addre�s
<br /> _ or any othcr addre�� &�rruw•cr dc.rignatcs b�• nuticc to Lendcr. Any n��ticc to C.cndrr ,hall lx; gi��cn hy rr,t rluti.r nt:�il to
<br /> -, ,�''� Lcndcr's addre�� �tateci hcrcin ur any c�thcr addreti. [.rnJcr dc�ignutr+hy noticr tu&muw•cr. Any noticc providcd fur in this -
<br /> � . �. Securit}�Instrumrnt shall tk dc�nutil to have tken given t��&�rruwer or I.rnder wh�n�iven a+pruvided in thi,patagraph.
<br /> iS.Govcrnin� Law•: Scvcrubility. Thi. Sccurity Intitrwnrnt �h�dl Ix g����crnrd by 1'��irral law •rnd thc 1•rw of thc
<br /> ,"t,� ' � juriuliction in which thc Prnprrty i�lixat��i. In thc cvcnt th:�t any pruvi.ion or rlau.r uf thi. Sccurity Imtrumcnt ur thc Notc
<br /> �� ,• cnnflict�with applirablc law.such conflirt.hall not aff�rt��thrr pro�•i+iunti af thi,Sccurit� In�trumcnt ur thc Natc which run bc
<br /> � •,� . . . givcn effcrt withcwt thc runflicting pruvitiiim. To thi�cnd thc pro�•itiiom uf'thi�Sccurity Inytrumrnt am1 tik N��tc ure d�tilared
<br /> .: � , to bc,cvcrablc.
<br /> � 16.Borrower's('opy.B��rrowcr tihall tx givcn unc runlirrnuJ ropy uf thc Nute a�xl uf thi�Sccurity In�trunknt.
<br /> ... . Fotm 3028 9190
<br /> . � P�yr 10l 6 _.
<br /> . t
<br /> r •
<br /> ' t-�..��.se:.x�::-- - -- - . '.. - . . . .. _ • ,�rn�:!:h1�c!3iiC� �''� . ... .,.. , . • -
<br /> -�Me.. ���e.�.r � :1,� _ '� � ,��
<br /> � ,'° "'. -
<br /> 1 . . .�
<br /> w
<br /> � "„ �
<br /> +'�- � ' ,� �.
<br /> �'! _ ... , y ��1:� •
<br /> �._ . '...i , ., ;,;.�.,�:
<br />_ -,�. ...x, . . ., ... .
<br />. "' . .'�� .... -�,,. ,._
<br /> �.� .. ,
<br /> ,
<br /> �� . � - - _
<br />
|