|
� ___- -�;, -.- - - i
<br /> -����.��.;;.�,�.R .,_ -�',� . --- - -
<br /> ... ��--a'�f1� 1ti s�,pS� �. -�i�ii����:`�. _S;;.��"'` 'i";''` ��i::C�....,�si ��t_ ..`�,:.,-g� .`�:g•�.- s�i4^}�%� �� ��1. fyJ���f��a -
<br /> ,.('�` , �^'• � ;h�{r"'`�'� �r(�; ( �
<br /> � - .�,i�} .,'�7 .�}bj ,•3,,��'t t� v� �-; �'rt't �'�t�` .vi It� �°:i�'� C£F �rh � ` �� 'lx' .
<br /> ..�r.. . . .�p.'.: y��'., ,�Sr�., -�vi�f'( �14ti: ,i'N��}� �� *,SY .:S'�� � �,'��' 1' rftrtT��r�_� -
<br /> .� •�;� �� � �iN
<br /> •.•••�e+rww►r➢M�w�N N` ';,A:r �.
<br /> ..`.�y,..o.;,.ypy�,O..,y�•' .... .::�4 ..-. � - � . . ;.�r��'•.��yrt=-
<br /> � ' .r� _ 4 . ?.. :�w•.r... .. � ' ,.4'__' " ,...
<br /> .'i.r_ �. w�T`=,.
<br /> �f � �ai`Mii7w+rwM�:w►iM'•. .... . . •. ,.. ••..
<br /> ' . . �.. .,n... - .: _ . _.- ._... -
<br /> .....- _'""-:u.unruua�N:�.n4►�..Wr+r..�.._.:�_._""'__.f)�'....-:.�...,.,.__..__..-�.._-..�......,...--.-.. . ......._.....::..,",.,:rz_-„_..�....�.� - _— '_�
<br /> ��.�.JUVff'>40L��2:� • � _�
<br /> -�-��� at the a�tion o!l.ondor. it mart�a�e inaurance covenga (in the amaunt and for the parlad that Lender roquira�) ��
<br /> --__-_�=--���� pravfded by an tnsurer u�pr�vr�by l.xndor egein became�avnilablo a�td ia obtained.Hortower ehti11 pay the premiume / �
<br /> �-��'�� �ec���iru! tn maintein cnartRa�;o innuraRGe in etfeot,ar t�provtde e lass re�erve,us�tii the roqutremcnt for mort�aqe � �,�;..
<br /> __,.,,,.�;;��.^. u _ ineurance ends in�o�cardanco Nith�ny written oger�ement t�taeen Borrower snd Lender or eppticable law. _____ __
<br /> - - 9.laepeotion.I.�nder ot it�eEant�ey eieka rea�onwbla entrIes upon and inspectianA oi the Pro�erty.l.endar�hall _ �-
<br /> �`;;;=;;�;;;��:';;:�� �ivA Barroaer rtodae et tha time at or prl�r w un inspactian spcsi;ying reasonabie causo�or th�ins�cction. ` - -��
<br /> �s��W x �
<br /> ;'.;a��,�a;:�_ 10. Condomnotian.'I'Ita pre►ceede�i any acvard ur claim for demages,dire�t or conAOquenH�l,in conneatlon Nitb �,c ��;��:�.�..
<br /> eny condemnation or other takin of en rt af the I'ro ymce In l ieti o f cun demna t ion,�ra h e ro by � ��'� '�
<br /> -.;;�,{.-�;,r�'��rx 8 Y Ps P�9.or foP c<►nYe A �-�
<br /> ossiRned and shall b�p�id to I.vnder. .a_::�:� - �-
<br /> 0
<br /> , i�w ���� ':� In the dvent oi a total taking at the Prnperty,the ptc�eeda ehap bo epplieG to tha sums s�ured by this Security �� :,�;�, �
<br /> . � Insteument.whether or not tRen due,with any excess paid ta Aorrower.In the event of e partial tekin�of the Property in '�� rt L .__
<br /> which the fnir rr►urket value ai tha Property immediately before the te{cing is oqusl to or greater then the amaunt of the ,;. y.�;���:;'��-
<br /> —� - - suma secured by thie aecurity lnstrument immedietely before tha uking,unioss Borrower and I.ender otherwiso agreo -`"`,..�;�lai;<��,,,,,�:.,�-.:
<br /> in�vriting,the sums secured by thie Securlty lnstrument shall bo reduced by the amount of the proceeda multiplied by :�- `'
<br /> � tha�ollotving ftaction:(u)the totsl umount of the sume secured immediately before the t�king,divided by(b)the fair -
<br /> nlueket vatue of the Property irrnmedtately bafore thd taking. Any halunce ahull b�pnid to Borrawet.!n the event of a . ,. --
<br /> „ parttal taktng of tha Property in which the fair market vnlue ot the Proparty immediately befare the tnktng is less than '-�� �
<br /> the amount oi the sume secured immediately before the teking,unless�3Arto�ver and Lender othetwlse agree in writing � � .,r�t , �
<br /> or unless applicab4o iaw Qtheruuisa provldc�, tite proceede shnil be applied ta tha sums secured by thia Security „ _
<br /> Dnsteuenent wRett�ee me ftmt t0e sar.ans are thean du�e. -
<br /> d?t4ee P'eo�erty is abandan�by Bareo�rer,or iP.a?eer rtaBice by I.ender to Borrower that the condem,aoe QtCers to
<br /> make an acvard or settle a clairru for dema�¢s,l�reo�rer Pedis to e�pand to Lender within 30 da}s a4ec�e e@�e dste�ke - ...-,.-R���
<br /> aotice is g�ven. PF Y P P eep • ' ' �
<br /> Lecedee is authorized to colle�t eiad a ! the �+oc�ds.�R iRa o tion,either to r�st�vation oe aie of tRe :.�xr�:.
<br /> Property or to the sums secured by this Security Insuument,wheetC►sr��atat then due. � 'h'"Y�,-
<br /> Untess Lender and BorroN�otherwise agree in writing,aa�y application ot ptoceeds to principal shap noB extend or '.;;�r�`_--
<br /> . . postpcm�the due date of the rmonthly payments refen+�d to in para�aphs 1 and 2 or change the amoue�x of such • . .' �
<br /> ..:�.:,��; . Payments. .. _
<br /> �� �F';��c�T'"' I I. Borrower No3 Itel�ased; Forbearance By Lend¢c Not a d'1'aiver. Extension of the time for payment or ',�` '^�� -
<br /> - �t modification of arrnortization o4 the sums�cured by this Security Instcument gtaated bf Lendee to any successor in : -,�
<br /> ,<;+� � • interest of Borrower shall r�ot operate to ralease the lisbility of the original Boranwer or Borrower's successors in ' �'' �-�
<br /> ., ��i�,rr:;�:, .
<br /> ��1y•::,..r� interest. Lender shall not be re�yuired to commence �r�dings against any succ�or in interest or refuse to extend •� .�� ' �—
<br /> ::f;���?�:�� .,
<br /> ��•;.� time ffanr payment or otheraise modity amortiaation oY tfie sums secured by this Security Instrument by rea�nn of any ' �,;�r
<br /> f,,:.:,r �" � .
<br /> demuna made by the original Borrower or�arrower's sacoessors in interest.Any forbesrance by Lender in esercising ,,?•.. •,
<br /> � any right or remed�•sha11 not be a waiver of or preclude the eaetcise oi any right or remedy. �
<br /> ' -��--- 12.�us�ssass and A�igsss Bouad:Jo�ss!aad Sssess!Liabllity:Cu-signers.The�ovenantc an�eo�mPnr� ' �''
<br /> ,' •f`�� of this Security Instrument shall bind and benefit the saccessors and assigns of Lea�der and Borrower,subl�ct to the , •_ r
<br /> . �f���'r'. , .�
<br /> . � provisions of paragraph 17.Bornoaer s covenants and agreements shall be joint and s�eti�eral.Any Borro�ver pho�.�o-signs
<br /> :;(�;;;;�; �:
<br /> ��.�_;� this Security Instrument but does not execute the hote. (a) is co-signing this�ecurity Instrument only to mortgage. °
<br /> , "' grant and conve�� xlhat Borrower's interest in the Property under the terms of this Security Irnstrument; (b) is not �� �
<br /> personally obligaterP.rto pay the sums secured by this Security Instrument; ancb (c) agre:es that i.rnder and any other � ��� �
<br /> " Borrower rs�ay agree to extend,modify,forbesr or make any accommociations n ith regard to the t�rms of this Security '��'
<br /> Instrument or the Note without that Borroaer s conser►t. ; js�
<br /> ' 13. Loan Charges. If the loan secured by this Se�urijs:Onstrument is subject to a law which sets maximum loan � „ �
<br /> � charges, and that law is finally interpreted so that the interesc or other loan charges collected or to be colircted in
<br /> '�;�: . - connection Nith the loan excced the permitted timits,then: (a)an�•such loan charge shall be reu��ced bs the amount � ' `
<br /> `�'" necessary to reduce the charge to the permitted limit; and (b) any sums already collected fram BonowPr which . .� , �,�1,�1�
<br /> ' '� .,,J., execeded permitted limits wiU be refunded to Borrower. Lender may choose to make this refund by reducing the ti . :-�,�i��
<br /> '^._�'�„ principa(owed under the Note or by making a direct payment to Borrower.If a refund reduces principal,the ee-�:ccction � '. �•;'��:'
<br /> , '.;;�-t��; ., i will�e�:e�:aBed as a partial prepa}�rnent withoutany ptepayment charge under the 1�ot�:. 7.�5•,;�>lf' •
<br /> � J 14. Aotices.Any notice to Borrower provided for in this Security Instrumen:���:a�l be gi�•es►�y delivering it or by •, ,,..
<br /> � mailing it by first�:Eass mail unless applicable la�v requires use of anothr,r mathe�d. 71ie notice sCi��; be directed to the � ��!'
<br /> Property Address o�Any other address Borco�..er designates by notice to L�n�rr. ar.�•notice to I.ender shall be given by + • `��``
<br /> first class r�an� to b.ender's ad:���stated hrmin or any other address Lxn�er d:si��ates b�• notice to Borro�cer. Any ; . ".•� _
<br /> �;•"� notice pro��ided for in this Sect��^�ce Instrument shall be drerned to ha��e been gi�•�r. c�n Borrower or Lender wheri given ���-;;?�,':'':�l
<br /> , ' as provided in II3�is paragraph. + ��1,��,.:
<br /> • . 15. Gover�eite$Law;Severabifity.7h�s Securit�Inscrumcnt sha�i hr guvCrncd b�• federal lax and the fan of the - ,��,�,,
<br /> jurisdiction in cvhich the Property is tocated. In the e�•ent that an�• prot ision or clausc of this 5ecurit�•Instrument or the � .�•:.
<br /> •, Note wnflicu aith applicable la�v,such confiict shall not aF4ect uther pro�•isions of thisS�curity Instrumentor the 11ote • �` ���•�
<br /> � which can be given effect withu�:r.the conflicting pro�•isia:..'1'o this cnd the pro�•isi�r.s of this Se�;urit�• Instrument and ��'�'
<br /> ;{''ri�t.?�.�• , •
<br /> ,:,yy: , the Note are declared to be se�•rr�ble. ,
<br /> �,1,,,, ..
<br /> :,
<br /> „., Form 302E 9/90 •
<br /> �.i+`��'.. �-8�6SYH)�o,os.o, c.yo a �•e Imt�eis , .
<br /> }��'�� ' � • ,
<br /> .i:, • �
<br /> , ' ,.
<br /> . �V.._1 �
<br />
|