94102073 - Laserfiche WebLink

Browse

._ . - • �1✓ S . f-.. . . . _.. 4 �� / - � ).. � ' `� ^ '_�� A' � r1`�J .. . •TYF_I��_ry��.. - ' ' ' .. ......_..;.iSS1 _._ ,..� .. �__ .' yua� . .. '.. ""'_— ..-. _ ---_---�-� 9�� s condemnation or other tsking of any purt of ihe Property�or for conv�yanco in licu oY condemnaUon,aro leereby assigned and shall bo pald to I.endor. � In the avcnt af a total taktng of the Property, the msceds ehall be sppficd ro tl�e suma eccurcd by this Securlty - --�-° � - -- --- -- - � Instrur►�etn,wizether or�x,t tt�cn du�.W�t.�t�7Ti}i CRCCS.S pII:�to BanoXCr. In tka evcnt of o p�rtlai u�king ot ths Prnge�ty In �_�. which the fa[r market value oi tha Property immediately b'fore the teking ie equal to or greatcr�hen the smount of the sums �=—�_--' eecured by thiH Security[nauumene Innnediately UeCore the�aking,unless Dunowei ar�d I.cndcr nllticrwir,�ugr.�e in�vrliing, �_ _ the suma�ecund by this Secudty insuument shall be reduced by the amount of tho proceeda multi�slied by the following ftaction: (u)the totnl amount of the eumx secured lmmediately beforo the taking,divlded by(b)the fair madcet valuo of tho Property immedintoly bafore the taking. Any bulance shall bo paid to Honnwer. In tho even!of a partiul taking of t!►e , Property in wMch the fair market value of the Property immediately befom tho taking!s lesa thun tho umount of the sume � ., securcd immedtately before the talcing, unle�x Bortower and Lendor otherwfse agree in writing or unless appltcable tuw �-� otherwi�e provtdes.the proceeds ehall ba applied to the sums secured by this Securlty Instrument whether ar not the sums ace - then due. - � �� If the Property fa sbandoned hy Borrower,or if.Nter notice by Lender to Borrower that thc condemnor offera ta muke - �' an uwurd or settle a cleim for damusea,Borrower falls to reapond w Lender within 30 days efter the date the nodce is given, - l.ender ia uuthotlzed to collect and apply the proceeds,at its option.either to restoratIon or repair of the Propetty ar to the _��• � suma secured by this Secur[ty Insuument.whether or not then due. Unless Lender nnd 9orrower otherwise agc�eo[n wrlting.uny applicution of proceeda to principa!shail not extend or postpone the due date of the monthly payment�referred to In parngrephs!and 2 or change tde umount of euch payments. .�r 11. Borrower Not Released= Forbearance By I.ende� Nat a Waiver. 8xtension of the time for payment or 6_ -.- '=�^�'"-'��=�-'' modificatlon of sinortizadon of the 4��m4 Rernmd by thia Secu�lty instrument grnnted by L.ender to arry successa in lntetest __ r"�`��``'': `�•�'�":'`� �f Borrower ahall aot o rate to release the liability of the ori inul Borrower or Borrowerk successots in Irterest.L.ender ;�'�k,Y.•;��;,. .• '• Pe 8 • shal!nat berequfred to commence proceedinss against any successor in interest or refuse to extend time for payment or - �•••.+, � otherwIse modify amortizatton of the sums secured by this Security Instrument by reuson of any demand made by the original s � �'''�:'.� "" Borrower or Borrower�s successors in interest. Any forbearance by L.ender In exerc(sins any r�ght or remedy shall not be a - � , � ,. �` waiver of or precludc the oxercisc of sny dght or.�+emedy. _- �" � �,. • � 1�. 3uccessore and Asstgns Bound;Joint and 3everal�.tabiitty;Casignera The covenants and agreements of this . • Securiry Instrument shall bind and benefit the successors and assigns of Lender and Borrower.subject to the provisions of � °• paragraph 17. Borrower?�cavenants and agreements shall be Joint and several. Any Horrower wha co-signs this Secudty __ " �� . Inswment but dcea not execute the Note: (a)is casigning this Secudty Instrument only ta mortgnge,grant and convey that =�- Borrowerb interest in the Property under the tenns of this Securiry Insuument; {b)is not personally obltgated to pay the suma =_ � . secured by this Security Instrumenr and(c)u�rees that Lender nnd nny other Borrawer may ag�ee to extend,mudify.forbear s;� - _ = or ms�e any accommodations e�itti regard to the terms of this Security Instn�ment or thP N�te wi�houc that Borrower's E � � consent. '. .. 13. Loan Chatges. If the loun secured by this Security Instrument Is subject to a law which sets maxirnum loan � ' • chorges,and that law is finally interpreted so thnt the interest or other loan ch�cges collected or to be collected in connectton {�,+�'�, ,. • with the lonn exceed the pertnitted limits,then: (u)any such loan chArge shall be reduced by the nmount necessary to reduce ��P: the chnr�e ro the permttted limit;und(b)any sums already collected from Boaower which exceeded permitted limits will be °• �� -�-�--�" —�'•� = •. mfundcd ta Sotrot:cr. Lcndcr may choose to make this refund by reducing thP pri.+rinal wwed�!nder the Note or bv making a � . �. direct payment to Borrower. If a refund mduces principal,the reduction wtll be treated as a partial prepayment wIthout any � .�i` � ° , prepuyment churge under the Note. . 14. Notiees. Any notice to Borrower provided for in this Secur�ty Instrument shall be given by delivering it or by " mnilin�it by fir�t clatis mail unless upplicable law mquircs use of nnother method.The notice shull be dlrected to the Property Address or uny other uddress Borrowcr designutes by notice to Lender. Any notice to Lendcr shaU be given by 6nt class ' muil to Lender.l•uddress stuted herein or uny other nddrexs Lender desi�nates by notice to Bortower. Any notice pmvided for � • ' in this Security Instn�mcnt shnll be decmed to havc been given to Bortowcr or l.ender when given ns pravided in this „ ;,� , puragraph. • ' 15. Governing Law; Severabllity. This Security Instrument shull be governed by federnl !aw �c►d the law of the juri�diction in which the Pmperty is loruted. In the event thut any provitiion or cluuse of this Security Instrument or the Note � • wnflicts with uppiicubie luw,,ucl�cunfiict.hull not affcct othcr provisions of this Sccurity Instrumcni or thc Notc which can " � be given effect wtthout the conflicting provitiion. 'Ib this end the provisionx of this Securiry Intitrument nnd the Note are ' ' declarcd to bc scvcrublc. � 16. Borrowe�'s Cupy. Borrower shull bc:given one confortned copy of thc Note und af this Security Instrument. l7. 7Yansfer of the Property or a Reneflclal Interest in Borrower. If i�il or uny pun nf thc Property or uny interest in . ic is sold or trnnsferred (or lf a bcnefirial interest in Bormwer ix sold or trunsfrrnd und Borrower ix not u naturul person) � without Lender�prior�r•iitten consent, Lender muy,ut itti option,reyuire immediau pnyment in full of all sums secured by ' •r this Security Instrument. However,thir�iption,hull not hu cxercixed by Lender if cxcrcise iz pmhibited by federnl luw u�of � the date of thix Security Instrument. If Lcndercxcrcities this aptiun.Lender.hull give Bonower notice of ucceleration. The notice shall pmvide u periai of not less than 30 duys fram the dutr the noticr i,delivcrcd or mailed within which�3ortower must pay ull xums tiecumd by this Security Instrument, If Borrower fuils to puy the�e xums prior to thc expiration of this pc:ri<xl, Lender muy invake any i� � remedies permitted by this Securiry Instrumcnt withaut furtixr noticr or dcmund on Dorrower. 18. Borrower's Right to Reinstate. If Bnrcowcr mcet. ccrtain ronditionti.Bonowcr shull havc the right to have . • � enforccment of this Securiry[nstrumcnt di,continucd ut uny timc prior to thr carlicr of: (ul S duys(or xuch other period as � tim�lr Famiq••F�mnle Nue/Freddle Mac UNIFUR�1 IVtiTRI'�1F�1T--Uniturm Covcn:mta 9/SIO Ip�gi•a oje�wues! � �. _.— , �:-.. . - - • i ( ' i .d �1 � r - } . � ' � .�.J - - •