|
� . .. .T�. :. �•i .c 'c..'�' F.:r.� c �r';2 �='pq." :ic, r�-`:"�- -- — — --
<br /> � , �� �t � � t �,F 4 . _Z � z�� ` s ��� - — - , __—_
<br /> y.-+�r�{ _�`' [ . - i ; t- tE s Nk��`v s.-�44}� P��y��4 c .6�.C-�s .1 .
<br /> 4^t �S .r�- °- raPa�, �� L�k,+• ; �,�, . �i s � s.� r �1s3J'r'- �l �kt ,.wtsr..t s�'
<br /> •,.`
<br /> F F `sr ��s �`.i�� y[" � �-S .t � '1-S, e t _ _._•� __
<br /> '�`_"s r �� ��` . `i. . . . . . . •. ` • - � - ��'^ . � � ,. � . . � .. � _ -- -�•-.__
<br />��n E. '.:a.�ir . . � •� , � . . .` , _
<br />�" � �r f ` � . sabss�►tiallY.equiva!@nt mortgage insi�rance eu�rerdg�is unt ev�le,Horrow�r.,.s,Rv,a,,1�1�pt,a,�y to E�ader eacd�c�antlY�°'ss��iu�t ta� • .R-,�=-,�---. .
<br /> _ `� , z. •' � +' tiIIf�1� d`b BOIZO�VI.r W+K�s�i1G lACt4�CE!('QVC�i�'i Of�tQ ; �- - _ --
<br /> �4 , an�ttve'1taD of the}��.,s�,ysn.ort��.mso�ace pr�i g i�f, Y �� �r�,,,,,��..,� .
<br /> � �� he ia eff€�.Lender alilt��.4�sr aad i�in ti�payments as a toss r�ve in lieu of m'nK,�„e,�nes. i.as�:rESr,�ve ��,.��__ -_
<br />_ ���:�`�w„�,: . ��aa � 'at the ap�ion of�xadtr.jf mortgage Ins�coverage(in ih�atnot�t ausi for the g�ii ` ��. �.-; _ -
<br /> ..�.,,,; ' tFbac��� ?�giovtd��iustu�t approved by Lead�r ag�ifl iseoom�s�vailabte�sl�s ubialae¢.Boiaower shalt p��� - -
<br /> � :�-�4.f:�"� '; ., e � , �� = -
<br /> ` � � 4 ` � the i�ta amiritaia mortga;e insuranre nn e€fect,oz co piovide a loss resesve,�ant�the requireme�tt fc�r n4o�egag8� . - --
<br /> ' � .� . .# , , insu�k�¢�in aocordanre xvitb au�+wri3ten a�ment b�tveca Eoicower artd 1�der or appIica6le dativ. �r ��- _-=__
<br /> � �...���
<br /> '"� � ` 9:Zas�Lcader or its agent may m�e r�onabie entries ugan�add insp�ctions of the Pro,�}r:Lend�r shaL giv�i
<br /> ��4� r - E �iC� ' �� � --
<br /> ` ; ,, " '�:�. �oiiawer aoti at the time of or p�eoi to a��n..�gectian,specifying i�bnahle c�use fox�te insgection. • - - -_
<br /> < � .. � 10,Cond�nutt�a.'i4�e pnze�ds of any awatd or claim far damages.direct or ooasequentpal.in eo�ion witb an3� --------
<br /> `. . '.4� n�-
<br /> ."��:,�.�..,
<br /> r� , coadeumadon,or oti�r taking of any pait of ttre Property,or foi conveir�ace in lieu of co a demnatio�,e r�8 e r e 8y assisned�� •f- ::.�.:,� -
<br /> `. , � ;:fi.�: {��.
<br /> p to ,. �.,` t' r
<br /> �� < < sh�ll be aid ixndcr. ` the raceebs s�al!be 3ied to th�sums se�vred by this SPCUaty Instrameat� ` ?�:��i:
<br /> - t =- In the evem of a tataf tatang of the FropertY. p aPD
<br /> — , -_� tvhCdlBF Qr IIOI tlle�dU�.with an}r excess paid to-Borawer.�In tke evemt d€a psuti�t�ing e�f dse Fcop�ctjf in tivhirh.ths faiE'� �4 ��4 ..
<br /> < m a r k e t v a I a e o f t 6 e P r a g e n y immediatel Y�befo�the tat�a g is e qual tp ox greater than the amounL.af th�sums�ecu.�tf Fry this .. `• � .` � � �,
<br /> , . � SEateity Insbu�ent ima�ediai��y before the taking,nntes�Borrower and Lender othernise agree ut tvridng,the sums se�ued h y d _`` `:�
<br /> - : . � this 3esuaty Iasuument sha�1 be re�uced by the amnunt of the'p r o c�e d s m n itip l i e d by the foltowing ftsctioa: (a? the�total ��. •. ;r-:'-
<br /> .. ''`•' amuum of the sums secured i�iat�ly b�fote the taking,divided bY N)the fair marIcet value of the Property unme8iatetq _ �;•{-`�.�.t.:-�;
<br /> � '`1 Pattial taking ;�.:.� -, ':_ ��:._:-,`?,.
<br />- - :::�:;`. ` . 6efo:e the takiag.A�r�alaace �all bs�paid to Borcower.In the eveut of a of ths Pmperty in whis6 the fair :' . • � ;.,. .. :-;;.�
<br /> " _ ' - _ market vatue of che Propecty�y hefvre�fle taldng is tess than the amouat of the sums secwred�edrateLY.6�fo�1 <. :�,;�;*.�;f'•��..f,�Tcr_,,
<br /> ` �:;' �� taking;unless$a:ro�ver aad I.ender ofherwise agree.ia writing or w�l�s applicable'law othenvise pmv:des.the proo�ds "t'� °�`�° �'•-"
<br /> �1 . , 1.�� l'. '.
<br />_ �s •,•;. ':.., �.. 6e applied to tfie sums secvied by'this S�arity Yacutmaem whether ar mot tI�sums are thea due. .... : _ .'�=�.: .
<br /> _ �,. ,� If tb,e Property is abandoned by Borra�v$r.or if.after natioe by I.eader tp Borrower that the mrzd�nor offers to maSe an �`.1�.:::� �,;•,;
<br /> `'',, - <t� ' awa:d ar s�tte a ataim for damages,Bamawer fails ta csspoad to I�ader within 30 da s aRer the date the nbtice is givea, �. , .: .`; :,
<br /> �'' at its optian,either to restoration or repair of the�Property . ,�� ' �4'�f�
<br /> /.ender is audioxized to cullect and apply the pmcceds. or to the snms ��- �.��'��r..-`r..r.
<br /> �'` se�ed 6y this Security Iastn�msnt.w6ether or uot then due. • . .,.. . �`�
<br /> �� Untess I.ender aBd Borro�ver othemise agree ia writiag, atry a�ucatfion.of pmreeds m prinapa! sbal! not extend or . T°,,��;� �•�.�` x'
<br />�] _ ��:�.'� • postpone tbe dne date of'the manthIy gayments refened to in paragrap6s t and 2 or cirange the a�aunt of surh RaXuients. i'•�'�_.-_�
<br /> F..� , � � ' 4'
<br /> �: . ',' . il.Borsac�er No!Reteamed:Fo��a�e�y Leadcr Nm!a�Ysiver.F�ctension of tlte Ume for payment or tandifirdtion :,.<: ;°:.. `;�r
<br />=, . ,_':�=',: ,•t c . of amortization of the sams s�uted by this Secvrity Instrume�►t granbe�!by Leader w any suaxssor in ittterest of 8oriavrer shatt . . :. ��
<br />��- . : . ..._:,:;,;y.. ._..--. ----.-nat operate w relqse the liability of Efte nriginal BomawerDr.Bunmxec's�'iu�'r.snrs in.uuerest..Lender shaii uot 6e ' to -. ---..- ' .,,, ;;z��.`;:
<br /> ieq!iired _
<br /> �_: :`'•�, ��pro�gs an�any successar�n uttere�t or refuse to extead ti;ne for payiaent or otheiw�se modify,�aomrdtion .. -
<br /> • of the sums sECUred by this Secunty tncrmme�* by re�soa of any,demaad made by tfie origieal Bornnwer ot,Borrower s • . .; :�z�
<br />-�,.� , . � saccessars in interest. Any fortr�uance by Leader.in exe�isiiig•any�rig6t or remedy shall crol be a waiver of or preclude the . �, .-" �
<br />� `�. .� ' exercise of a�r right or remedy , . . � *�e��,,
<br /> " - ,• ' ._... 12..Suao�ssots.amd.i�.5s_Igas Bet�t�dairt sAd Ser�at Lfabi4Ity,Co-slgee�s The coveaanu aud'agreements oi this . , ,_,_:;
<br /> ..,._,.. •. ..... .
<br /> .. ..... : .... . • . g
<br /> � •.. ,
<br /> . . ., . � Secuiiry �i�.n+s�+t shall busd aud benefit the sacct'ssots aztd assigns of l.ea�er and Soaawer. sabjecC Co the provisions of __ _
<br />_ .�`^;� �. . •Y para�h 47. Borrower's caven�ts and agreements shall be}oint and several. Any Barrower who ca-sigas this Security :.,fr .•
<br /> `:,., �'' Instrument but does no�execute s�e Note: (a)is co-signing�tbis Security Gistrumeat only ta mortgage. grdnt and conve}r that ;�.
<br /> . -- Sotrower's interest in the Propetty i�der the t�ms of this S�nrity Inst�vmeat;(b)is wt perso n a lly o b Ggat e d to pay the sums . : ':
<br /> . •�•f,'.�<r,�.+- , se�vred by t6is Security Inswment:and(c)aSrces tl�aat L�nder and any other Borrower may agree to e�tend.modify,forhear or . �,--._:••''.,'�,
<br /> I ��.�"'l'...�'i`., .ST
<br /> �`��"� ' maite any aawauuodations aith n�ganl to the teims of this Security Insaument ar the I�Iote�nthout that Eorrower's cflnsetu. • � .., �•� ;
<br /> .':.� - 13.Laan Cbar�es.If the loan secured by this Seivriry tncm�m�,t is subject to a law which sets maximum loan charges. � �'�.`f. �., .
<br /> . , .' • and that law is finally inieipreted sfl that the interest or other loan charges collezted or to be callected in connection with the • •� � �.� . '
<br /> . ., � toan exceed the penaiued lim'sts.then: (a)any sucit loan charge shal!be nduced by the amount necessary to r�uce the d�uge � '_ ",� .'�'��:�
<br /> _ �,.>.: ...,..``_.:,:;i';k;� :. to the permiued limit:and(b)aay+sufis already rnflected from Borro�ver which exceeded permitted limits will be refunded to � ��;;� �
<br /> -- —:_._._ :.�,>_. _ � �rranwer_ Lender may choose to matse this refimd 6y mducin�the principal a�ved under the i�Iote ar by maicing,a.'direct . - .. •��"',�'`�"`«�:
<br /> �.;'�'�F: payn�eat to Boriower. If a refiu�d reduces princ�pal. the cfduction will be a�ated � a pattia� prep�aymeas �oof an'r -- �
<br /> . . prepaymeirt charge ander the Note. - '
<br /> _ '•,;;..'?:. 1 4.N o l l c R S.A n y n o t i ce t o B o r r o w e r p m v i d e d f o r i n t h i s S e a u i ry I n s a'u m e n i s h a 1 1 be g iven b y detiverin g it or b y mailin g : . �. !�_
<br /> '�"`�� . • it by first class mail�tni�s apglica bte law requims use o f aao t her m e t h o d.T h e ao t ice s h a ll b e d i r e e a t e d t o t 6 e P r a p e r ty A d d r e s s " •` '
<br /> • . ., • or any ather addzess Bormwer designates by notice to Lendar. Any notice to Leadei shall be given by first class mail to �' � ��.����`
<br /> . . • i.ender's ad�ress stated F�erein or any other addmss Lender designates by noricc to Bocrower.Any notioe provided for in this �. .•=�,�.'
<br /> ' Security Insuument shall 6e deemed to have 6een given to Sorrqwer or Lender when given as provided in this patagraph. ; • , ;�*,�• .. �;
<br /> ' � , 15.Gaverning Law; Severs6flb3y. This Security Instr�imem shafl be govemed bg federal law and the law of the . �.'�;-.. • :{ .
<br />-. �`��:•',� `.; • •jurisdictioA in which the Praperty is located. In the event that any provision or clause of this Securiry Instrument or the Note _ �• �•
<br /> ,. �"• ::: conflicts wi�h app li c a b le law.su c b oo n fli c t s h a l t no t a f f e c t o t her pro v i s i a n s a f t h i s S e c u r i t y I n s t r u m�n t or t h e.No te whi qh can be..
<br /> � � �. • given effe�t arithout the conflictiag•provision.To this end the provisions of this Security Instiument 8nd the No[e are decl�red � . ,
<br /> to be severabte.� . •. ' -
<br /> • � , • 16.Bosrower's Copy.Borrovrer sha11 be given one wnfat�rcd copy of the Note and of tt►is Security Instcument. .. � ''"�•�•• � -
<br /> .; 17.TransPer of the Properiy:o�t�Beneiiclal Inte�+est�tn BacQOwer.If all or nny part of the Property or aay interest in it :. ;. ... �� .. ". .
<br /> ;� .��':' � is sold or uaitsferred(or if a heneficim!in.terest in Borrower is sold ar tran.cfemed and Borrower is not a natutal Persan)without . _
<br /> :�'"" ' • l�uder's prior written:oonsent, Lender may, at its oprion, require i�iat�payrrtent in full of::l1 sums secured by this � �} �
<br /> y r.;,_.�.• . ,
<br /> ;'���'� �'��• • Secarity Instmment.However,this option shal}not be exercised by Lender if et�rcise�s pmhibited by tederal law as of the date
<br /> ., r�,�v of this Security instnunmt. . � `�,
<br />-_ . . . .������• . If Leader exercises this opiiom,.E:ender shall give Bonower nauce of acceleration.The notice shatl provide a period of not �
<br /> � ` .. less than 30 days from the date�6 notice is delivere�ar maited a+ithin which Borrower must pay all snn� secured by this • :�
<br /> .�� •.�•�•.� w fai to a these sums rior to the ex iration of Wis riod.Lender may�invoke any remedies � ., � . � • . •
<br /> Secunty Instmment.If Borro er ls p y p p Pe
<br /> :'��: �. . permiued by this Security Instrument without furthet aotice or demand on Brnrower. l. ; •:`
<br /> �": • .. 18. Burmwe�s itight�ta.Reinstate.�If 8orrowet meets cenain oonditions. Borrower shall have the right to have = � `�t'_
<br /> •�i' . enforoement.of this Security Insmiment disconti�ued at arry time prior to the earlier of: (a)S days(or sach other period as '. j„y.; �. �- .
<br /> w' for reinstat�nent) before sale of the Pro ursuant ta any power of sale rnntained in this � ` . -,:+ •
<br /> npplecable la may spec�fy Per►Y P � �;: „
<br /> � •• . Socurity Instiumetn:oz Ib)entry'of a judsnent enforciag this Security Insdumem.Those conditions are that Borm�ver.(a?P�YS "" . �"
<br /> ': � Lender aU sums wtuch tf�would be due unsier this 5ecurity Inswment and the Note as if na acceteration had occurted:(b) � . .� -•
<br /> y' "• ' cutes any defanit of any ather covenants or agreemeirts; (c)pays atl eapen�s incurred in enforcing this Security instrument. � � . '�
<br /> �"`�' � � incIuOing,6ut nnt limited to,reasanable atV+meys'fees:and(d)t�ices such action as Lcnder may reasonably require ta assure � •
<br /> � �� that the lien af this Security Insuument.Leader s rights in the Property and$omower s obii�auon to pay the sums secured by .
<br />= ' this SecutitN Instrument shall conlipue unchanged. lJpon reinstafemeni by Bormwer. th�s Secvnty Instwnent and the � , .
<br />-� �• � abllgations sECUred hemby shall reritain fu1�'�effective as if no aoceleration had occurred.However,this right to reinstate*nall ` ,
<br /> i �. , .. . . . IIaY apply iA thC c�sse of acoeierdticm undCr petegrdph 17. . ' • . � . -
<br /> e ��
<br /> . /9. 5ate oi Nat�Change of I.ann Servfcer. The Note or a partial interest in the Note (together wi�.!� this Securiry �. • . . _
<br /> ' ' ' c . InstraiIIent)may be sold one or mare times�vithout prior notice te Barrower.A sale may result in a change in th entity(Iutown . � : . w -
<br /> ��;'.,., � av tl�e'taaa Services")that collects manthly payments due under the Note and this Setvrity�lnstniment.There a�o may be one .,
<br /> •� or rnore changes of tt�e Loa Servicc�r unrelated to a sate of the Note.If there is a change nf the Loan Servicer.Barnnwer will be .
<br /> p r
<br /> : ' . given wtitten notise of th�,enange in 3crordance with paragtaph 14 abave and appticable law.The notice will state the name and ' ,�, '
<br /> cr
<br />-. .' . addtess of the ctew Loan Servicer and the address to which payments shauld be mzde. 7'he aotice will also cantain any'other 4 . : � . �. _
<br /> . '`. '�,: infarmatian requie+ed by appficaDle law. ' . . .
<br /> • • Z0. H�rdaus Snbstanc�s. 8urro�vee shal; not cause o'r pemiit the presenoe, use.disposaf, stora�e.or release of any € . .
<br /> s
<br /> • . •H,wudws 5ubstanoes on or in the Prup.eny. BoTrower shall aot do. nor allotiv anyone else tQ do. :u�ything affecting the ` •
<br /> -*'�.. I---'�_ �' .' Frss�ss3 llrtat'ss iu ti�lstictt o!'sasfy Fr�ircmmenla!L�r.1h?p*et�ding�w�centenc��halt nnt apply m the Qresenrg.�se.or �_-____— �
<br /> t - '� storage on'the Property of small yuantities of Hazatdous Substances that are generally reca�niyp�+ to be appropriate to narmal i' �y`•�
<br /> .:. . . __
<br />- -�.`•; ,-,- _..���-._._�-":. residentiaf ascs�d to:raiatenance of the Prop;rty. . I_ '
<br /> � .} , , -- �
<br /> . . . � . , , o�,3�of a ' , �,aoae 9(90 , ; . .
<br />_ '. . _ _�.:__: -
<br />
|