„�) � � t :; , . :r ,....
<br /> � "� ' rr: 'r, i��;' �r, . Hi.,
<br /> �. :r
<br /> `� � y 0. -_ -___-- _.._"_ _ ._"_-” � ._ __ --- "_-_-`_ . . _ _ . .
<br /> `_=� ., � M�t"1
<br />�:..'� " •.�'.�_�_ .-__. -_ -
<br /> � . ' , .. ` . ... ����� ..
<br /> Idlh Ju�qn�nt co�Yd reuit 1�ktK�ltun nl th�Prap�rty a atM�wN►�rtWl�y MnP+U th�N�n ara�t�d by thN atfro�KNY InsMu�n�+t ar l�ndw'�
<br /> �*audly NMM/bt. 1latoww m�y a�nr�uoh a dN��l�nd ninotW.p pro�dd�d In P�n�pr«Ph tA,bY u�+MrvD tM walbn ar proe�dMN lo b�
<br /> di�mMrAd•wUh�iuMno Ihnt�k►L�ndrr'�pood Wth dN�nWw�Hrx��IxupludN tatdlun M the Brnfraw�'�int�wt M tM Pru�w1Y a o1M►nM1wM
<br /> kr�Ym�nl of thn Nrn a►Mt�d by tbiY'asauAty Nt�bumMK ot L�r►Mr'�'xiaMMY kltvNt. dorto►a�r�tnl Nw tN b d�tdt N eq'roww�d��rin/'th�
<br /> �—.=-_---� !��c�:�:c�an proc._�.Cave nriMr!yr lnlnd cY HrRea��r�te Int��sn or�Ut�rrNr►t�to L�nder(a hMtd to pra�vt�l�nd�c wlth�nY n�tNW
<br /> Inla'nrlian)in oann�aMort with th�MNt�M�d bll th�Natf�bt�Aidhp�6ut not Nir�lt�d 40�nq�ns�nutlon� oona�mhD BortoM►�f�ooa�eeY es4 `
<br /> th�Pro{�ly���prNtidpd nt�d�ncf. It this 8ecudty In�tnem�nt t�.e�i�NtM1►old.BorcowK a1N11�omP�Y wkh�II th� pra'A�ioRS af 1MR Mn�.
<br /> If Bortoww noquirM I�e titl�to th�Ptop�rty.th�IM��hotd m�d tF1A tne tiilA�hvi noT m�rp�unl�s Lmdu��to th�mwyn In wdt�0.
<br /> 7. Protsotloo 01 L�rtd�Ps Rl�hb ie th�ProportSli IU Sotrower hlis to pdafm lh�covNiants �nd�9n�wnu oonlaind
<br /> In thl�S�oixfty tmtrum�nt,or thrn k N I�al proe�dinp thtE mty otnnhltanlN�11eet Undr's �QMa M tht Prop�'!y(sueh�s�proa�din4
<br /> "�,� !�bankeuP�Y.R'��e.lor casdwix�►tbn or tod�itun ar to mtoroo,tnwa or re�uktbns)�then I.nrtd�r ma1►do�nd P�9 ta wMt�x�r b noaawy
<br />� to p►obal th�vaiw of ths P►opMy rnd Lwtd�r's riphts In tho PraptMr. Lmdefe actbna m�y indud�WlMO NY�a�b�Y t ii�"wh�
<br />_�-' has prlorky ov�lhis Srcurlly lnewmmt.yape�uin0 In eourt,PaYkiA�►aan�bis�7tomya'teea and eMsrinp an th�RbPxtY to m�cs r�p�t�.
<br />=� Allhouph L�ndK msy hks a�lon urtda�thln pu�{�npb 7. LerttJa dCt�e eot h�ve to do no.
<br /> My�mount�ditbunad Ay Lertder undar tMs pen�pr�pt�7 ehnfl bncoms additlenU deht oi F1oROww s�cund by thb S�ouriry�nstrument
<br /> UnM�s Batowr�nd UndaaR��'�ta to oth�r tama of payment,thcno amounta eh�i bev Inlereat 1rom the dat�ot d�lxrtwnwd at th�
<br /> Not�rat�and eh�ll b�payah�R,,v�ttfi ktterts�upon rtoUc�hom LanttM to 9ortower nqueetM�Q q�Y��
<br /> - 8. k�ortQa� (I�uCt1[9�i. 11 le�'�det ra�ui�martgago tnsu�ns a candltlon of mflking ths ta�n sec�rw! by this Seanily k»VUm�nb
<br /> Borrow�r ah�ll pay th�promiums requir�d to m�inWn the mortge0n Maurance tn etfect. it,tor w�y ro�son.th�mortp��s Ins°��°��+9�
<br /> requksd by Lander Inpaea or ce�sea to ba in etteot,Borrawer ehnp p�y tho pnomiums requirod to obWn eover+��t wbswttWh p�k�t W the
<br /> mony���inauian�s preyfoualy in effaat,et a eoat eubstu►ttaly eq�Nalent to tho cost to Bort�wa o1 the moetg�ge Inwnnce prartouay tn enect.
<br /> . `., ,, irom an�ternde moRg�g9 Insuror oppravad by Lender. ii sub�tsnttaly equMetant mortgnge tnnunrtce covKa� la not aait�bt�.Bo��n►sIW pq►
<br /> ' ."f""�'�'r' "`� to Lende►each month s aum.equnf to ono-tweNth of the yeary mart�age insurance premtum boing paid by Homowa when the inaunnce crnreraqs
<br /> •;.;e.,�. •
<br /> I�psed a ceraed to�e in,effetct Lertder wiit acr.ept, use end roteln,tbsse payments a�a loao roseire tn Yeu at mortg�pe Inauwnea lASS►esarre
<br /> ,' e;�'{., paymente may eo longa'�e ra4uinad,at ihe opSon ot Lender.H mmtgoge tnsurance eovuraga(In the amount�nd 1a the pedod that Lende►
<br /> � �t�„���''� requiraa)providad by an.lrtaane�epproved by Lender egnin beeomaa avaitabie snd ts o6ffiined. BoROwer eheA p�y�e P����t0
<br /> '�,� m�inidn matyspe ineuninae in eHaat,or w provtde a Ioss resarvo,undl the requhement tor martgage inaurance ands In accord�rtce whA a►y
<br /> � `�'�4 e��' ;���f+. written agreement between.9amcwctr ertd Lender or appqcable aw.
<br /> -µ�c„�,,�,�,' ° $. iiiti��i�ii. i.sn�cr tx!i�aqst sney make ceasonablt►entr�as uQon end fnepectlonn ot the ProP�f►. lenda ehal gNe Borrowx ,
<br /> � �
<br /> '-. Fr`�;-;,�`"':`•'��'�'+`��.: notkx at the Ume qf or�artor to an Inapecdon spectlying reasonablu aause tor the tnspeadon.
<br /> : j''-�"'�_"�''
<br /> ��:•'•XY`�;=;��:� ', 10. Cond�rn�ti�on.�The pmceeds ot any aviard ar ol81m!or damagea,dlreat or consequenti�l.In ccnnxtlon wtth eny corcdamn n
<br /> '�'�-��:'���� �'..�+• or other Wctnng of art�paR ot the Propcnty, or far eenveyemae in•Ilt+u of condemnadon,ate heroby aaeigned and sAetl be patd to Lender.
<br /> ,�'�"��'`�"4;`';,'� ��., t h e p ro r.e a d s e h N l b e a p P l l e d t o t h e s u ms seoured b y thts SecurAY lnstr�ment,whethe�or no1
<br /> ���'r.'�?;,,;:.;;:•.�{�,:., In i he mven t o f a t o t o l t u N G t g o!t h o P ro p M y.
<br /> rt�+'�,�;;1����<'�::':.:;�.. .� then due,wtth any�aesa paid to Borrower. In the event of a partttU taldng of the Proporty M whtoh the falr market velue of tha Properly
<br /> �y��'� E•`�`:�}''�•.� �rtunediatety betorct 2he faldng is equal to or greater than the amount ef tha sums aecured by this 8ecurlry Instrument [mmedlntetY betore the taWng,
<br /> "°���i��'�`•l:it•i.;.;;�c...jr
<br />_ ;,f},;.;;;`�;e��. . ,, unleae 8orrower ettd lender othmwise agree In wrftlng,the suma eecured by thls Secudty Innbument she!be reduoeel by the�o�un��� T_
<br />_ ���;:.t,...., ,<r,•>< , proceeda muitlpL'ed bK tho tollawing iraadon:(a)the totat amount�ot aums sed�red immodtetoly betore the tatdng,dN�ded by(b) � __
<br /> - '•������'�� - • vaiue of the PropeRy immadiatory betore the taktng. My balanaa eheG be paid to Bortower. In the ever�t of a paNal telcing ot the Property N �`,:__
<br /> • ±='�•��i� • � �`� `� ��' whleb the taU mutcet va�ue oi the Property immedlatery betoro tho taFcine ia less than the amount of the aums seaued dnmedlitdY betoro the ,
<br /> 7�Q'�i'�.'.J, ('{-,'3Y..
<br /> ' ��a�•�•; :• ,. . � tatdng�unleaa Bomower and Lender otherwise agree In wdting or�uniess epplicable law othatwise prorides,the prooeeda shall be epplied �;��:_
<br /> yQI�yYM�rl�... �� '. �`�"
<br /> . ,,,�;;�.a.;,,,,.;_, _; ,; to the euma eucured by thle Securfly Instncmant whelher or not tbe suma are then due. — _
<br /> '. ., •;;,r«,�,,.,.,,.�,,...,.•. ,, It the Property ie ahandoned by Bortawer,or iL after notiae by Lender to Bortower that tho condemnor otters to rneke an award or setda �",•
<br /> -•;:ra,�. � a�taim tor damagea, Bartawer teils to reapond to Lender withtn 3D days after the date tha notlee is glven, Lender Is authodzed to cottect �
<br /> .. . . .�.�. ' .:�,-L,
<br /> :,.��, and sppl�•�ttte pra a e s da,a t I ts ap U o n, e ri h e r t o re a t o r a U o�o r ro p a i r o t t h e P ro p e i t y o r t o t h e s u m s secured b y thls Secudry�netrument
<br /> ,�':,`..:;;,a , `"•�`.
<br /> • �..�;., whetherarnotthen due. -. .
<br /> � Unlase Lencter snd Barrowar otfierwtso agree h wrlting,any eppfkAtion ot proceeds to prfnaipa�shnU not extend or pastpone the dua ,,_:'
<br /> �•��•z , • date a!the monthly payments reterted to in paragraphs 1 and 2 ot ehanga the amount of suoh paymente• '
<br /> ��`" . � 11. BqPrawor Not Rel�ased; Porabearance By U�nder Not a Watver. Extension of the Ume?a paymeM or modiflceUon r�"
<br /> :. ."'"�
<br /> of amorttr�tian ut the sama securad by thts Securfry Inatrum�nt gmnted by Lender to any successor in interest ot Bo�►ower ehel�not
<br /> . `'!��
<br /> �� " operato fo roluaae the Ua611iry of the origina�Borrower or 8or►ower's successors in interost. Lendet ahqll not be►equired to commenco
<br /> ''" ' • proceed�nga agalnet eny eueaessor In intereat or retuse to extend time tor payment ar otherwiee modity amortlzeti�on ot the eums eecured
<br /> � �1
<br /> �•� by thts 3ee�►riqr Inottument by reason of any demand made by the odgfnal Borrower or Borrower's suoceasora ln hnerest• A^Y t°r6earan�e
<br /> �• �� by Lender in exeraieing any dgM or remedy shall not be a waiver af or preclude tho exerdse of any dght or remedy.
<br /> 12. Sucaessors and Assigns Bound; Jolnt and Severai Uabil[ty; Co-algners. rne eovennnts and agreementa ot
<br /> � � ' � th{s Secudty InaWment shall bind and benefit the succeseora and aeaigns of Lender and Borrower,aubjeat to the prodefons of paregraph
<br /> ;{''ti�;;>',�.:'Si' 17. Borrower's covennntu and agreements ahali be joint and severr�l. Any Bo►rower who co•slgne this 3ecudty Ustrument but does not
<br />- �'��' • execute the Note: (a)Is easigning this 8eeurily Instrument ony to moRgage, grant end convey that Borrower's tntereat in the PropeAy
<br /> " under the tertna af thia 8eaudty Instntment; (b) ia not pereonepy nbllgated to pay tho sums asoured by this SecurAy inetrumenh, and(o)
<br /> �r � agrees that Lender and any other Borrower may agree to extend,modNy,torbear or make eny aacammodaUona wkh re9ard to the terms of
<br /> �` . ••!� : ''t
<br /> s•�• ...;r; this Securily Instntment cr the Noto wfthout that 8orrower'a aonasnt, � ..
<br /> .;.�t:_�� .. .
<br /> �_ . ;�,�,,�:. . 13. L0819 QI�(tYgOli. Ii the loan secured by this Socurity Inatrument is sub)eat to a Iaw whiah aets maximum ban cher9es,and
<br /> that Isw la ilnelly inturproted oo that the Interest w othet Ioan ahut�gas coliccted or to bo oolleatad in eonnaUon wftl�the loan exoeed
<br /> � � _�.� .�..... ,_,a..,.a���w�„�..R�,�m�nau be rodnng�bv the amount neeessary to reduco the chorge to tha pertnitted "
<br /> `�`;- -.-- . -- lnH pernuiiev.u�mo�.��w.. �«�....i ---..._
<br /> r�`'• . Iimt� and(b)arry sums niready coileatad trom Borrower which exaeeded permitted ifmltn wul be retundod to Borrower• Lentler meY c^oose
<br /> �.;r,.�..
<br /> 'S ���,.��; to make thta retund by�aduatng the pdnclpai owed under the Na1e or by mak(ng a dlreet payment to Barower. tl a retund reducea prin- [ `
<br /> � � �.,. •�..•. �
<br /> ' �� -` �:^ dpel,ihe reduoUon wN�be troatod as a partiai prepaYment whhout a►y prepayment charge under the Note. I
<br /> � �'����'ry�� 14. NOtIC68. Any noUae to Bortower provided tor in th18 Seaurity�nstrument shail be glvon by deiivering n or by malling ft by flrat [
<br /> � �u igw uiros uee of another method. 'rhe notico ehail be dimated to ths Propedy Addrese or any other addreas I :
<br /> . ctasa mail unleas eppN�tlt roq �
<br /> , . �
<br /> - ' E
<br />. F :d:;.,��'', � .
<br /> ' ' pago 3 ot 5 Fortn 3026 8/80
<br /> � ,- 3028i.trm(3181)
<br /> . , f
<br /> , . �,�1.� jr.. �.
<br /> �a;i, .�,.i.
<br /> � ' .,: I,`
<br /> � .,
<br /> �,:. - � ---- T----- �__._ . _.
<br /> :� . _..- — ._"—�...—..�_.--.' --- .. _. ....,- _ .-�-�.—s�—.
<br />
|