|
»�.��,.r,��sp'��-�.,. ..... , �
<br /> --•.. ... . -� ,�,:....
<br /> •i : _.
<br /> . �x
<br /> .�
<br /> 3.:. � y ti.._- .. . ----- .. .__. ..
<br /> � ,.... •�-nt ti'�tT�,� _ • -- ' -
<br /> .. ._�: Yl.�..� ., " ---`-,..... -
<br /> ���__ ._.�..�.� . . ...___ 94M�.4�55�.s
<br /> ;i - paymenta muy no longer be required,st the optiQn of Lender.if martgage ireurnace ooverege(in the amount and for tha petd� --
<br /> ' � that I.erider requires)provldec!by an Insurer appmved by L.ender egain becoma available and ie obtained.Borr�wer shall pay _ _
<br /> the premiums rcguired to maintain mortgage insurance in effect.or w pmvlde a loss r�erve. untit the requirement for mortgago
<br /> __ iasurnna enda in accordance witb eny wdtten ag�eement between Barrower nnd Lendcr or appIlcable law.
<br /> ;'' ;I 9.Ia9pection. I.cnder or its agem may make reasonuble entr�es upon and inspxtian$of tha Property. I.ender ahNl glve
<br /> ( Borrower notice at the time of ar prtor to an inapoc t ton s p e c i f y ing reasuna b la cause fot t he i n s p e c t i o n.
<br /> -= 10.Condemmtton. The proceeda of any award or claim for damages� direct or consequentfai.in connecdon witb any
<br /> ' �` ' ""`"`"� condemnuUon or other tu�cIng of any part of t�e Propetty.or for conveyance in Ileu of condemnatton.ere hereby esslgned and
<br /> � ahall be paid to I.ender. � - _
<br /> . :.i�i�,� ;�=,. In the�vent af a total taking of the Praperty,the proceeds shall be appliod to tlia sums secured by this Securtty L�strument.
<br /> „y?�`;".'�' �' whsther or not then due, wlth any eacess paid to Borrower. In the event of a partial taktng of the Property in whtch the fair
<br /> � . x,,r.;�'
<br /> �:,. K ,,. .��. { market vatue of tha Property immedlately before the taking is equsi to or�reater than the amount of the sums securod by thfs _____
<br /> ��•;;.�,.'�.��„��, ,�`�,.;, Security Insuument immedistely before tbe taking,untesa Borrower and Lender othernisc agreE in writing,the sums secu�ct by __
<br /> � ' this Security Instrument shall be reduced by the amount of the proceEds muldplied by the following fraction: (a)the total _- __ _ _
<br /> " ','�.°• • ' ��°" amount of the sums secured immaliately before the takln$, divIded by(b)the fair market value of the Property immadintely � - ---
<br /> 1 before the taking. Any baltu�ce shalt be paId to Borrower. In the event of a pertial taking of the Property in which the fair _
<br /> `/ � market value af the Property imrttedistely before the taking is less than the amaunt of the sums secured irnmediatcly before the ��-
<br /> f , teking.unless Borrower and Lender otherwlse agree in writing or unless applicabi�law othenvtse provldes,the proceeds ahal! °�'�-„�--
<br /> . � be applie�to tha sums secured by this Securlty I�strument whether or not the sums are then due. ���`=-m
<br /> y . " If the Property is abandoned by Bonower.or if,after notice by Lender to Bosrower that the condemnar offers to make art �':;;'-
<br /> � ��._ nn .i..._ p..� M.. dw�w�w��n1i� i� wiv w M� _._,- - -
<br />-- �} -- dKidi�f ui bcitld n i.iww Cut dtuuage�, BurrowCr iail� w rns�wuu io�uuei wiuu�a�� .wyo a,.... N....�..., ..� o..�., �`�•=w-.
<br /> h ^ „" Lender is authorized to collect and apply the proceeds.at lts option.either ro restoration or repair of the Pmperty or to the sums ___ -
<br /> � secure�by this Secudty Instrument.whether or not then due. �'�_
<br /> Unless L.ender and $onower otherwjse agree in wrltin�. any applicatian of proceeds to principral shell not extend or :_ r.�;;:'•<�
<br /> �• postpone tha due date af the munthly payments referred to in paragraphs 1 and 2 or change the amaunt of such pstyments. �;±?�•�
<br /> ' •� 11.Borrower Not Released;Forbearnnce By Lender Not a Waiver.Extension af the ttme for payment or modiftcation ..�.�a.r
<br /> of amortization of the �ums secured by this Security Instrument�ranted by Lender to any successor in intemst of Borrower shall a!__
<br /> not operate to release the linbility of the original Borrower or Borrower's auccessors in interest. Lendcr shell not be�equfred to �;:�;,._-
<br /> � cammence proceedin�s against any successor in interest or refuse to extend time for payment or otherwise modify amortizetIon .i;�;;i�`"--
<br /> ' of the snma secured by this Security Instrument by reason of any demand medc by the orlginal Barrawer or Borrower's �;� _
<br /> � successors in interest. Any forbearance by I.ender in exercisin�any right or remedy shall nat be a waiver of or preclude the �4;
<br /> , . .��
<br /> -. ----_—__- '_ •'s�:;�'�
<br /> exercise ot'any righi ur rCnxxiy. �:.�.,_ _
<br /> • � 1Z. Successore and Asstg�s Bound; Jotnt and Several Liability;Co-signerx. The covenants and agreements of this �;���
<br /> " Secudty Instrument tihall bind und beneflt the successors and �.ssigns of Lender and Borrawer, subject to the provisions of ._..
<br /> paragraph 17. Barrower's covenants and a�reements shali be jaint and several. Any Borrower who co-signs this Security : ��,
<br /> � Instrument but dces not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey that •. .
<br /> Bonower's interest in the Property undcr thc terms of this Sccurity Instrumcnt;lb)is not personally obliguted to pay the sums
<br /> '� secured by this Sccurity Instrument;and(c)agrees that Lender und any other Borcower may agrce to eatcnd,mociify,forbear or ,:�.=
<br /> ' make any uccommodations with regard to the terms�f thia Security Instrurnent cx thc Notc without that Bonower's consent. �;
<br /> ' 13. Loan Char�es. If the loun sewred by this Sc�:uriry Instrument is subject ro u luw which sets mpxtmum loan churges, t-
<br /> • and thnt law is finally interpretecl so thut the interest or other 1<iun chnrges coilected or to tx collected in connection wIth the -u�
<br />- loan exce�ed the permitted limitti, then: (a)uny such loan charge�hull he reJucal by the umount neces�ury to reduce the char�e ��•'`�---
<br /> � �,.x.,�;�.y
<br /> „ ro the permitted limit;und(b)any sums alreudy mllcctcd from Borrowcr which exmeded permittai limitc will bc rcfunded to •��;;
<br /> .r�=-
<br /> Borrower. Lender muy chcx�se to mukc this rcfund by reduring the principul owcd under the hlote cx by making a direc:t � �'�v,�;;-
<br /> payment to Sorcower. If a rcfund reducc+ prinripal, thc reduction will he trcaicd •r. a partiul prcpayment without any •
<br /> prcpaymcnt rhar�c undcr thc Notc. � •� --=---
<br /> 14.Notices.Any notire to Borrciwcr proviJ��i for in this Security lnstrurncnt �Iwl l he given by delivering it or by mailing ••
<br /> it by fint cla�s mail unless upplicuble law reyuirc.utir uf unuther methai.The m�ei�r tih•r�l tx directcJ to the Property Address
<br /> ar any other Addrers Borrowcr designates by notirc h� I.�ndcr. Any noticc to LcnJ�r,hull I�c sivcn by first rlci�s mail to �
<br /> Lender's addresx stuted herein nr any e�ther uddress Lender de+ignuteti by niuice to Bcirruwer. Any notice provided for in this "
<br /> Security Instrument shull bc dcemed to havc been given to Bcurowrr ar[.endcr�vh�ngiven u,prcwiJrd in this paragruph. �.
<br /> 1S.G�verning I.aw: Severabllity. This Scrurity Instrmrnnt �hull bc @c�vcmcJ by fcdcn►l luw und thc law uf the .
<br /> ' ' jurixdiction in which the Pmpeny i,lcxrted. In the event thut uny pr�wi,i�m ur clawc af thi.Sccurity Instrument or the Note
<br /> conflicts with applic:►hlc law, such cnnflict shuU not aff'cct uthcr pruvisinn+of thi+ Sr.curity Imtrumrnt or thc Notc which rrn be �
<br /> given cffect without the cunflicting prcivitiion.To thiti end thc pmvitiion, nf thi+Sccuriq•In�trument uixi thc Note urr dcrlared
<br /> to bc scvcrable. �,
<br /> , 16. $orrower's Copv. Borruwcr tihall hc gi�•cn onc crnUi+rnuJ cupy uf thc Nutc:uiJ of'thiti Sccurity Instrumcnt. !
<br /> ' Fam 3028 8l90 �
<br />'- P��o a,a e I
<br /> ; `• i
<br /> ,;.
<br /> -- � -----. ..,,...
<br /> � � �
<br /> f
<br /> �:
<br /> f"
<br /> � i
<br /> :w -
<br /> �,
<br /> .. �
<br /> �
<br /> � � -
<br />
|