|
___ .
<br /> _ _ .. . . __ _ : _
<br /> -- — — —
<br /> _ _–��.. � --
<br /> - – -----.. _. --- � --
<br /> - _ _
<br /> .� ' - � .•• �� . , .. • .. � • l —_.. ---
<br /> _ �` ��:i .1�..�t�. . .. . '__—_._.__
<br /> i �
<br />��'� ,. . / . . .. �
<br /> • "" _
<br /> � -`
<br /> ___.____._�.�.�r�w�l� � _���v�� �— .� —
<br /> � v
<br /> - �..„_,�`�1 payment�muy na langer be�quired,at the opUun of Lende��,if mortgaIIe insurance covernge(in thc amount and far tha{�dod �--_-_ - --
<br /> ��!r��;_�.,..,-_,. __.._.
<br /> --_ that I.ender requires)pmv[ded by un insurer appraved t�y L.endcr ugnin becomes ovoitablc and ia obtuinod.Aanower Fhal!pay
<br />—= the premiucnv required to maintaln mortgAgo insumnce in effect.or to prnvide a t�ss reserve.untii the requimment for mortgage -`�""-"
<br /> - insuronce onds In accordance with c�ny written ogtecmcnt between Barrower and I.ender or appllcablc law.
<br /> 9. inspeetlun. I.ender or ita ugent muy muke ma�sonuble entries upon a��d inspectians of the Property. L.cnder Rhall give
<br /> � ----- -----� �arrawcr natice at the tlme of ar prta ta un fnsp�tlon specEfying reusonable esuse for the incpection.
<br /> 10. Conde�nnation.The prc�ceecix of any aw;ud or ciaim far daawges. direct or conseqaentPuf. in connection wlth any �
<br /> _ cundemnation or other taking of tu►y purt of the Property,ar far conveyance ln tieu of condemnatIon,ure hereby us�►igned end
<br /> u►
<br /> shall be paid ta I.ender.
<br /> Tn the event of a total taking of the Praperty.the proceeds shuli be uppllecl ta the sums secured by this Secudry Instrament. �
<br /> ':��>�� whether or not then due, with an cacess aid ta Borrowcr. In tho cvent of a purtial taking af thc Property in wbich the fair �,_
<br /> �"��� market valuc of the Praperty immediately b fore thc�aking is equu!ta or greater thun thc amount of the sums sccured by this �w��-- -
<br /> � Securlt Instcument immediatel b�fore the tnkin .unlcss Sarrower and i.ender otherwlse a ree ln wrltin ,the sums secured b ��--'�-- - ---..
<br /> ..,�ur.w y Y 8 S S Y �„�--
<br /> ',- ;,.,, •.� this Security Instrument shall be reduced by the umount of the proceeds multiplied by the fallowfng fraction: (a) the total ��'-•
<br /> ':��'r'�•�<`�'�� umount of the sums secured tmmediatel before the tukin �divided b (b)the fuir market value of the Pro rt immcdiatel
<br /> J. .': Y � Y P� Y Y :_:--��._�---
<br /> J • ��_-^ •...r: • •.'•�.� before the taking. Any balance shnll be puld to Borrowcr. 1n thr event of a partial takMg of the Property in which the falr �--�
<br />� ' ��.�j_4 � ,µ��v=���,_.
<br /> ,�N_, . . ; ��' merket vulue of the Praperty immediately before the takiag is less than the umount of the sums secured immediately before thc
<br /> .fd ,� r`";'�:p.=?�.--.
<br /> . =;�>,~'�- ���� � Y' t n k i n g,u n l e s s B o r ro w e r a n d L e n d e r a t h e n v i s e a g r e e!n w r i t i n g o r u n l e s s a p p l i c a b l e l o w a t h e r w i s e p r o v t d e s, t h e p r o c e e ds s h a l l � ��'•==
<br /> :._',.Ix-�:,._
<br /> •� `" ' � : ''S be applfed to the sums secured by this Security Instrument whethcr or not the sums arc then due. ;�';�,�W---- _
<br /> � � If the Praperty is ubandoned by eorrower.or iG ufter natfcc by l.ender to Bonower that the condemnor offen ta malce un ' �`"`° = _ _
<br /> . :•.. ;.
<br /> ..� ,, ,�. .
<br /> .: •. -
<br /> " � --r--�-� ------ awu�J�► �cttte a claini fur dama�c.a, Banar�cr faiis to rc.epon�to Lender�ti�3thfn 30 dsys sfter the date the nnNo� is niven. � '' '�
<br /> . .. . --- ---
<br /> . . � l.ender is authorized to collect and apply the proceeds,at its option,either to restorntian or repair of the Property or to the sums • __
<br /> �.� ^�.. � „ secnred by this Security Instrument,whether ar not then due. �
<br /> � Unless I.ender and Borrawer otherwise agrce in writing, uny application of proceeds to principal shall nat extend or _
<br /> • postpone the due date of the monthly payments referred to in paragruphs 1 and 2 ar chAnge the amount af such payments. ;r''=_
<br /> � . 11. Borrower Not Released; Forbearance By Lender Not a Waiver.Extension af the time for payment or modificatiun ��•:_
<br /> of umartization of the sums secure.�i by this Security Instrument aranted by Lender to uny successor in interest of Barrower�haU ��: _
<br /> , nat aperate to releuse the liability of the original Rarrower or Barmwer's successors in interest. Lender shull nat bc required to �='
<br /> � � . commence praceedings against uny successor in interest or refuse to extend ttme for payment or atherwise modify amortization � �'"�'�
<br /> . ..:�
<br /> af the sums secured by this Secudty instrumen� hy reason of uny demand made by thc originAl Bottower or }3arrowcr's • ' �� °
<br /> ' -"`• :�� ' suceessors in intertist. Any forbeuronce by Lender in exercising any ri�;ht or re�ncxly �huti i�ut i�e u wuivci vi or pr�;iude thc ° - , '-
<br /> • exerclse of any ri�ht or.mmedy. �
<br /> • 12. Successors and Assigas Baund; Joint and Several Liability: Co-si�ners. The covenants and a�recments oC this •
<br /> � Security Instrument shaU bind and benefit the successors and ntisigns af I.ender and Bonower, subject tc� the provisions uf
<br /> � paragruph 17. Borrower's covenants and ugreements shall bc joint and scveral. Any Borrower who ro-,i�m this Security " '
<br /> Instniment but does nnt execute the Note: (u) is co-zi�ning this Serurity Instrument nnly to mortgage, grunt xnd convey that .
<br /> Borrowar's intere.st in the Property undcr the terms of this Secunty Intitrnmcnt;(b)�s not personaUy ohfigatcci w puy �hc ,ums -- =-�-
<br /> � �' •• secured by this Security Instrument;und(r)ugrres thut L.ender�nd uny other Borr��wer may ugree ro extend,madify.f�rbeur or , • � •�
<br />_ muke any accommodntions with re�ard t�>the term�of thi+Securiry ln+trument or thc Nate withuut that Borrnwer'�cansent. t
<br /> •� ° 13. Loan Cherges.If the loan sccumd by this Sccurity In,trument ir�ubject to u law which set�muxirrtum IoAn charges, � ,, ''�' u
<br /> and thnt law is finully interpreteci .rn that thr interetit or other loun rharge+ci�llected or t�he collected in cannection with the ;'( r �
<br /> - loan exceed the permitted limit,,then: (u)any such loan rhurge,huU hc redured hy the umount nccessary to reduce the charge �i: �_
<br /> • �.�
<br /> �1 to thc permittcd limir, and(b)nny sums ulrcudy a�llc�ted trom Borrowcr whirh etr�cdcd permittrd li�nit.wi11 he refundcd ta ,�'�'��/,_.;_-
<br /> �• Borrowcr. Lendcr may chomc t<� makc thiti rcfund hy rrduring thc prirxipal owcd undrr thc Nutc or by making u direct :�Pr��;
<br /> ' payment tc� Aorrower. If u refund r�Kiurey principul, thr rrdurtiun will tx treated a� u purtiut prepayment without any ` ' _
<br /> - . prepayment rharge under the N�rc. �_:. .._'`,.
<br /> 14. Notices. Any n��tice tc�Borr��wer pn�vided ti,r in thi, Scruriry In,trumcnt�hull tk given by deliverin�it��r hy mailing '"''
<br /> i: it hy fir�t clu„muii unle+ti applicuhle taw rcyuircti u.c af anuthcr methuJ. The nuti�c shall hc dirertcd to thc Property Addrcxs . . -
<br /> , ' , or un�� uther uddress Borrower designutrs by noticc tu 1.cnJer. Any nuticc to Ixnd�r tihall tx givcn by �nt rlatis mail to ^ --
<br /> - Lendcr'�uJdrer. statcd h�rcin<ir nny uthcr uJdreti.Lendcr Jc,ignatr� hy n�uice to&irrow•cr. Any rnnirc provided for in this , . -
<br /> .. Sccurity In.trumcnt�hull he dcrmcd to huvc txwn givrn to Barruwrr ur IanJcr whcn givcn a�prc�vidcd in thia paragruph.
<br /> , 1S.Covcrnin� I.aw: ticvcrability. Thi. Sccuriry lmtrumcnt .hall bc gorcrncd hy tcderal law• and thc luw c►f tlic '
<br /> � jurisdiction in which the Property i.lurutrJ. In the c�•cnt that uny pruvi�iun or clautic of tliiti Serurity Intitrunknt or thc Nute
<br /> ' conflict�with npplirablc la�v, such contlirt.hall not xffcct uthcr pravi�i�m,��t'this Scruriry In+trumrnt��r thc Natc which run br � "
<br /> " given effcct without thc conflirting prcwi.inn.'Ca thi.cnd the pravi.iun.cd thi. Scruriry In�trumcnt and thr Notc urc dcclared
<br /> = ` to bc sevcrsblc.
<br /> , 16. Borro�r•er's Copy.Borrowcr shall hc givcn i�nr r��nform�til rury<�f thc N�,tc anJ uf thi.Srruriry In.trument.
<br /> i �
<br /> Form 3028 9190 I
<br />''� Py�r A���li `
<br /> +� I . .
<br /> �
<br /> l � ' '
<br /> ,
<br /> �( �
<br />� ` .
<br /> !"
<br /> � :r.- _ ... _. _ .
<br /> '
<br /> � � ' �.
<br /> � � a . ��. , , . . I
<br /> �
<br /> _ _T"" .. . .. .—.— .. _ _ . _.
<br /> i '
<br /> � •• �
<br /> .
<br /> �
<br />
|