|
_ . ;r�. � _ r
<br /> .��_ -=_..�.--� - -- 94-�n..�r�
<br /> � +.�►a�-�u
<br /> p�ymo��tx mry no lon�er be required.u tho optian of[.eader,it mon�e inwru�ae wver�e(in tho�nxwnt and for the periad
<br /> tb�t[.a�der raquira)provided by an inaurcr�pprovad by L.ender�sin bovoma�v�lbble uxf t�nblrirod. &�nower styll p�Y
<br /> the prcmium�roquirod to rtWntain mort��e inwranoo in oUect.or ta provido�larr raervc, un�il the�oyuinarrcnt fiu�mn�rtiqe
<br /> � iawar�oe end�in a000rd�r�cc with rny wriuen�ynxitknt botweett Borrower�nd Leaxia or�ppliable law.
<br /> !. Iwpectlo�.Lcnder or iu�ent nyy m�lce re�so�uibk oNrie�upan url inspxtiau of the Ptopeny. Latdet shaU{ive
<br /> Borrower notloG qt the tirne oi or prlar to an irupectlon rpocifyiny�rorwnable r�wse fa the tnxpa:tiun.
<br /> 10. Co�de�ntytba.The pt+n��eedr of any awrnl or claim tur�tuYex, dfrcct or consoyuentixl. 1n cannxtlan with�ny
<br /> condemr►wtion or other tal�in4 0[�ny prrt of tho Propetiy,or for convey+v�o in Ileu of cnndemn�tiun. xce hercby w�si�ned and
<br /> _ - � il�all be p�id to I..ender. _...
<br /> � in the event of�tonl t�king of the i'roperty, she proceedi a1W1 be a�pliod ro the wcna�ocurod by thiY Socudty Instrument.
<br /> wFKtlur or not then due,with u►y exoess psrid to Bortower. In thc event of a partial taking of the Property in which the fuir
<br /> marku value of the P�+operty inunediately beforc thc taking is oqual to or grcaur th�►the amount of the�ums socuted by this
<br /> Secudty Instrument immediatety befoc�e tho takln�.unless Borrower and Lender otherwise agca in wrltin�.the sums socuqod by
<br /> this Socurity [nstcument shatl be rcduced by the ucaunt of the pracroeds multipited by the Pollowing f��ction: (af the wtal
<br /> `— armwnt of che sums securod immediauty beforc the taking. divided by (b)the fair maricet value of the Property immediately
<br /> beforc the taking. My bslance shall be paid to Borrowcr. In tt�c cvent of a partial Wking of the Property in which thc fair
<br /> marku valuc of the Property imnxdiately baforc the taking is less than the amaunt of the wms secured immodiately beforc the
<br /> taking, w�less Borrower and Lender otherwlse agroe in wdting ar unless appl�cable uw aherwise provtdes,the proceeds sF�all
<br /> be Appliod to the sums secured by this Security Instrument whether or not the sums arc then due.
<br /> — If the Property is abandoned by fsorrower,or if,after noticc by Lcnder to BorroK�er thxt the candemnor offers to m�lce an
<br /> awtud or aettl¢a claim for datnages, Borrower feils to respond tv Lender within 30 days after thc d�tc thc noticc is gi�•en.
<br /> Lender is suthorized to collect and apply ttie proceals,at its optton,either to restoration or repalr of the Property or to the sums
<br /> - eecured by this Socurity Instrument,whettur or not then due.
<br /> Unless Lender and Borrower otherwise agree in wrlting. any application of procads to principal shall not extend or
<br /> s ne the due date af the monthl ments referced to in ara ra hs l and 2 or chan e the amount of such ments.
<br /> Po � Y PaY P R P 8 P$Y
<br /> ��:; 11.Borrower Not Released;Forbe�rwnce By I.ender Not A Waiver.Extension of thc time for payment or modification
<br /> . af amortization of the sums socurod by this Secudty Instrument granted by Lender to any sua:essor in interest of Bonower shall
<br /> � not operate to release the liabiliry of the original Borrower or Borrower's successors in interest. I.ender shall not be required to
<br /> • commence proceadfngs against any successor in interest or refuse to extend time for p�yment or otherwise modify amortization
<br /> „� � of the sums secured by this Security Instr�ment by reason of any demar�d made by the original Borrower or Borrower's
<br /> _ �`` ' successors in interest. Any forbearance by L.ender in exercising any right or remedy shall not be a waiver of or preclude the
<br />. exercise of any right or remedy. —
<br /> �;��F�,���= 12. Succcssors and Assigns Bound;Jdnt and Several Uability; Co-signerc. The covenants und agreements of this
<br /> -��'�`�` �� ����� Securit Instrument shall bir�d and benefit the successors nnd assi ns of Lender and Boaower, sub ect to the rovisions of
<br /> ' �a�t4':ry�i�Y,;.� . . Y fi J P
<br /> , .,�:;:,' !� paragraph 17. Borrower's covenants and a�rcements shall be joint and several. Any Borrower who co-sign� this Security
<br />-._ ���"'�1� ' " Instrument but dces not execute the Note:(a)is co-signing this Security Instrument only to mortgage,grant and convey that R:°::.
<br /> , ����•-�'° ��� �%�•• Bonower's interest in the Propeny undcr the tcrnis of this Securiry Instrumcnt;(b) is not per.wnally obligated to puy the sums
<br /> .:>�'.�•••�•::.;__�:; secured by this Security Instrun�ent;and(c)agrees Ihat Lender and uny other Barrowcr may agrec to extend,modify,fo�hear or c
<br /> •,;,�,,;�; ;:: ,, make any accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's concent.
<br /> • - ,�-•� 13. Los�n Charges.If the loan securai by this Security Instrument is subject to a law which sets ma�cimum loan charges, __
<br /> � ^'-°^� �•�� � • ��*•^ and that law is finally interpreted su that the interest or ather loan churges coilectedor to bc:coliccted in connectian with the o,,
<br /> -- 'laL�IL.�.ia..4+�y1�
<br /> _=� . loan exceed the permitted limits, then: (U)any such loan charge shall be reduccJ by dk umount neccssary to reduce thc chargc --
<br /> ,�:'�t �•�• to the permitted limit; and (b)any sums alreudy collected from Borrower which excceded p�:rmitted limits will be refunded to
<br /> _ , Borrower. Lender may choose to make thi� refund by reducing the principal owed under the Notc or by making a direct
<br /> , payment to Horrower. lf a refund reduces principal, the reduction will be tre:itai as a partial prepayment withuut any '°'
<br /> � - prepayment charge under the Note.
<br /> . '' �' i4.Notices. Any notice to Bo�rower provided fi�r in this Security Instniment sh�ll be given by deliverins it or by mailing �F`.��"
<br /> it by first class muil unless applicable law rcyuires uk of anothcr methcxi. The�x�tire�hall bc directai to the Property Address
<br /> �.
<br /> _�, , or uny othcr address Bc�rrower designates by notice to i.ender. Any noticc to L.��wkr �hall bc given by first clatis mail to � _
<br /> Lender's address statcd hercin or any other address LA.ndrr dc+ignutc�by nutire to &�rrowcr. Any noticc provided for in this
<br />. •,�. �` Securiry Instrument shall bc dcemed to hutic becn given to Borrower ur I.endcr whcn given as provided in thiti parasraph. „,_
<br /> _ . . .w. �....,_
<br /> ,,,A;,,�, I5.Coverning I.aw; SeverabNity. This Sccuriry Imtrunxnt shall t►c giwcnkd by feder•rl law and the law of the ;r�;_
<br /> r�• " jurisdiction in which the Property is located. In the event thut any pmvi.icm�ir rlau�e��f ihis Serurity Insttument or the Note
<br /> , ������� conflicts with applicable luw,wch rnnflict shall not affect other provi�iona of thi+Sewrity Instrument ar the Note which can be
<br /> , � given effect withaut the conflicting pruvision.To this cnd the pravi,ions ot'thi�Security Instrument and the Note are declared
<br /> t ' to be scverablc. ,;
<br /> � ; 16.Borrower'sCopy.Borrowcr shall hc given one contiirmcd copy uf'the Nuteand of thix Scrurity Instrumcnt. �}w
<br /> .�.
<br /> Fwm 3028 9I90
<br /> . P�4 ul 6 �(-
<br /> s ' �• ;r
<br /> _�. yj � , }
<br />. . . 3 C
<br /> � '
<br /> � � 'N�Y�IVf�19°`i0ti.'.,.. .�. . . ' - . , . , , "�' "sti:w..{.i'«i+-5��. .:iy. � - �
<br /> 1.� ��:t.. •
<br /> . -� . . � � .
<br />. �
<br /> d ,
<br /> !�r .
<br /> r.�
<br /> i1�
<br /> i. � ' .� .. . . (�i�y��+ ...
<br /> , � ' , .
<br /> � �
<br /> .
<br /> �
<br />
|