|
^',�,+= �p�i iK`•;�,�5�:` ` �!}�.'�?':S%�:/,iv,r � �/'�`yrc�t*S4js "i� .�; ,t'�,-,'"i� � r - - % � rv
<br /> � �' '�i t�� l�i� � ,v f?!wat"��>.�;T��{^�`a7�r*?ne 51 �S� � iN�R+c-�?d,.L X .�`Y,� r. F�l�� i�f
<br /> r i'� 3i '``'� .64F? e.,�t'fr.��"�.f�L�Y.SZtISk'. �` � :+t s
<br /> ,.;',�t.',irIG��VL.,:_f'.�"r ?_ _ _ .�y.- � — `°.a .S' r
<br /> , ' 'ri'u"�1•�����'il '�t1...:�
<br /> �ms-!rs .
<br /> -'_:�v-a^�a.J.ar[ . -:.�_r�_-..
<br /> ..�.. . :.�_�s'--r�_�—_T.—«______ .R..._._ �
<br /> _,�av_ _ ..,._.. . �...w " _ .
<br /> ___._. . �. _
<br /> . .. -..�_•ai•...
<br /> :s--:� ... — _ ., �� n --:_ _�—
<br /> .,� ; . • " —��-=�,.° -�'
<br /> _ :�w..y —
<br /> .. . >...•..� s,�a—._._____.
<br /> _��..v._.._•�.u�I,_ _. ». _ • . .
<br /> . � g,�„ ���3�� �
<br /> condcrnna�ian or o?heriAlcing of any purt of the Property,ar fox conveynriao Ir�lisu af condc�nudOn,Az�bareby nssig��ect an�l
<br /> ahotl t�o paid to l.endcr. � �� �
<br /> In the event of a totei tnkln$o�t1�s Propecty. the prncceds ehull lu appl[ed to the suma secwed �y chla SccurIty
<br /> --- Tneuument, whether or not thcn dut,wlth uny exces�puid ta Borrower. In the ovent of a pArttul Utf:ing of thc Property!�
<br /> ---_---•---- whie}� tho fs�ir murlcc.t vnlue of the Plraperty imm�diutely beforo the taking is equal to or ga;uter Uiun tho umownt of tfis sunts
<br /> securcd by ehis Se¢urity Instrument immedistely bof�m the tekL�g,unless Bamower and i.cnder ottter�y�se agr�eo In wr�ttln�,
<br /> ---_��---- the surna secuned by thie Securlty Insuumsnt shall be re�uced by the amount of the proceeda mulUr�ied by the fallowIng
<br /> _-�_---� fracdon: (w)che total amount of the sums secuned Irnmediately bcfare the takirt�,divIde�i 6y(b)t3ie fair iu��cet value uf tfx: —__ _
<br /> .°-�— = P'roperty immediut�ly before the WcIng. Any balance shull 6e paid w Horrower. In the event oY u partjal taking of tho
<br /> ----— Property in which aha fair maztcet value of the Property immediately beforo the wking is less tham tha amount of the sums
<br /> --- sscured immaliutely befor�e the toking, unless Boirower and I.ender othenvisa ngnee in wrtting or unles�uppHcable law
<br /> othecwise pmvides. the proceeds shall be appHed to tha sums secured by this 3ecuritJr Insttutreent whethor or not the sums are
<br /> then due.
<br /> --�"""�° If the Property�abandoned by Borrower,or if,after aotica by Ixnder to Bornower that the condemnor affers to make
<br /> .��.�
<br /> -_------�.._.�
<br /> _—_ an award or settla a detm for damages,Bonawer fails eo ees�ond to L.ender withIn 30 days after the date tha notice ia given, �� ---
<br /> - --— Lender ia authorized a collect and apply the proceeds,ae its oprion,either to�awradon or�pair of the Pro$erty or w the
<br /> - --"`�`- sums secured by this Securlty Insuument,wQ�et�or or nat t➢een al�cx.
<br /> _�_;._;� Unless Lemder and Botrower othecwise ag�ce in writiag,any applicaHon of proceeds to pr3nsi�al s4ta11 u�Qt�cxtea�d ou
<br /> ;„;.Y '�s-� pastpama th�due date of th�monthly paym,zmts refenred to in paragraphs I and 2 or change the amount of such�rayrr�znts.
<br /> '"-����---= Il Il.�arrower No! Released; Flnrbr.arance �y II.eoder A1ot a Waiver. Extension of the ¢ime fe� pa�ttznt os
<br /> - —°----�� imQ�catiam of amortization of the sums secured by tD�is Security Instrument graated by Lereder to any successor:uc�i�cuterz�t
<br /> a
<br /> -:`��`���y of 1Boasow¢u ahati nat operate to r�elease the linbility of tQ�e original Borrower ar Borrower�s successors in in¢¢rosD.Yiemfer -
<br /> y���;�';::�- '" speali�ot Q�reo�u3red to commence proceedings against any successor a�n ir►te�+est or refuse to exeeu�time for payment or
<br /> '`�'���'�'w�i � Qa4tervvise r¢eodify amortization of the suma secumd by this Security Inserument by reason of eny deme�dt made by the orlginal
<br /> ::,.:�;.•.. _.-
<br /> ��rrower or Bormwer� successors in interest. Any forbearam.oe by i.�aa�7er in exerclsing any r3ght or remedy shall not be a
<br /> ., „ { waiver of or pc�clude the exemise of any right or remedy.
<br /> " '��"�'; 12.Suae�sorsand Aeslgna Bound;Jotnt and S�d¢nx�Liability;Co-signers. '17ie covenants and�g�ane�au of dtis
<br /> Security Insm�ment shall bind and benefit the successors and assigns of Lender and Borrower,aubje�c to the provisions of
<br /> : "` paragraph l7.Bomoeer�s covenants and agrecments shall be jolnt and several.My Borrower who�signs this Se�urity
<br /> � Insmiment but dces not execute the Note: (a)is casigning this Secutiry Instrument only to mortgage.grant and convey that _
<br /> ' Bom�wer's interest in ihe Property under the terms of this Security dnskument; (b)is not personaUy obligated to pay the sums
<br /> aa�;ccured by this Securiry Instiument;and(c)agnees that i.am@er and any other Borrower may agree to extertd modify.forbear
<br /> '. ar make any accommodatcons with regard to the teans rf this SecurIty Instrument or the Note without that Borrower�s
<br /> consent. --
<br /> - !3. Laraa �l�arg�. it'tltc loan sccurcc!hy k::�Sccuriip Insuumcr�i is sabjecs to �lsti:� :vhich sets maKimum Iea�
<br /> , ch•arges,end that law i3 finally interpreted so that the interest or other loan charges eollected or to be collected in cottneciiom
<br /> �►�ith the loan exceed the pennitted limits,then: (a)any s�ach loan charge shall be reduced by the amount necessary to reduce
<br /> _`'`' cC�i;charge to the petmitted limit:and(b)any sums alread}collected from Borrower which exceeded perm{tted limnQS a+ill be °
<br /> , � r�.fwxled to Bocrowec Lender may choose to maQce this re5�nd by reducing the principal owed under the Note or by a�nahiag a �,`j"""��
<br /> � ii�irut payment to Borrower, if a refund reduces princiFat,�he reducaon will be treated as a pactial prepayment wnuC�ous any =��'��"': "
<br /> prepayment charge under the Note. '����
<br /> _ . 14. Notices. Any notice to Borroirer provided for in this Security Instrument sha11 bc givcn hy detivcring 9t or l+y ���"_
<br /> mailing it by first class mail unless applicable law requires usa of another method.The notice shall be directed to the�operty ""�K,,"k��`
<br /> P►�d�ss or any other address Borrower designntes by nosice to Lender. Any notice to Lender shall be given by ffnrst class �
<br /> .� mail to L.ender's addtess stated herein or any other uddress fl.ender designates by notice to Borrower. My notice prm�ided for ,
<br /> in this Securiry instnment shall be deemed to have been given ta Borrower or I.ender when given as provided in this � °.
<br /> ara ra h
<br /> P g15 Governing Law; Severability. This Security Insuument shall be govemed by federal law and the law of the
<br /> jurisdiction in which the Property is located. In the event that any provision or clause of this Security Insuument or the Note
<br /> c•��nflicts with applicable law,such contlict shall not affect other provisions of this Security Instrument or the Note which can '
<br /> be given effect withat the conflicting provision. To ih:s end the provisions of this Security Insuument and the Note are "���;f� �
<br /> declared ro be severable. �
<br /> �1;�` 16. Borrower'sCopy. Borrower sha14 be given one confortned copy of the Note and of this S�cucity Inswment.
<br /> 17. 'Iransfer otthe Property or a�emePclaf Interest in Borrower. If all or any part of the�roperty or any interest in
<br /> . it is sold or transferred (or if a beneficial interest in Borrower is sold or transfemed and Borrower is not a natural person)
<br /> :,1,,,:,. �t-ithout Lender's prior written consent.Lender may,a,:t.option,require immediate payment in full of all surres secured by
<br /> ;;'t�,• . ' • if�is Security Instrurnent. Ho�vever,this option shaQ nvc be cxercixd by Lender if exereise is prohibited by federa�2aw as of
<br /> ' the date of this Security Instrument.
<br /> 'R`' If Lender exercises this option.Lender shall give Borrower notice of acceleration. The notice shall provide a perial of
<br /> ,...
<br /> ��r`�a�. not less than?0 days Bom the date the notice is delivered or mailed within which Borro�+•er must pay all sums secured by this
<br /> � Security Instrument. If Borrower fails to pay these secr.�s prior to the expiration of this period. Lender may invoke any
<br /> re�edies permitted by this Security Instrument withoac t'ur..'�er nutice or demand on Borrower.
<br /> , 18. Borrower's Itight to Retnstate. If Borraaer :nee�c certain conditions, Borrower ahall have the right to have
<br /> ��;f. e�nfur�ement of this Securiry Instrument disrontinued at any time prior to the earlier of: ta)5 days tor such other period as
<br /> � '
<br /> {•�:
<br /> ;t.,, Single Family--Fanaie�We/F7eddie Mac C\IFOR�1115TRC�1EyT•-Gmfortn Co«Rrnc 9/90 �paRr J ofn�wReri
<br /> :,� 4� .
<br /> r'.
<br /> •'_,;-'�,. . .. �
<br />.{i!iI
<br /> �J,
<br /> � �Ilii1(!t� ` .-.—.-._-___.-.... - . .. - ' ,,.`t,l.. . ,. �... . ._ , –.�.__.._ .- - . . . •.l
<br /> .. • .�1 S�•�� • ' r 1•,
<br /> f
<br /> .� �
<br /> •
<br /> ; _ ..�_..—-..-
<br />
|