|
.fl:^��•;-� � ' . ' Ai: ! � r � fiF� It. 1� .. . . - .,7;{t 6
<br /> ,5._�i�i�1 i•�� 1 t 4�n'�S�;IS �`+ �1��t}1 tu)�`�`����Sfn��,�`'j9'.. . � �7 4�1:��r
<br /> .. ',l� .I:; �� 'p �$, i.��'��"wti � ' - � �ti,
<br /> ;`h � � '���.,
<br /> 7T�`m
<br /> g�;.ic��s9 - �
<br /> condctnnatlo»or other tnlciing of any p;ut of thc Propetry.or for ronveyunco in lteu of condemnation,�i�e here;by ossi8�xd and
<br /> shall be paid w Lendcr.
<br /> In the event of a totAl wking of the Properry�the prnceeds shall ba upplfed ta the Rums secured by this Securlty
<br /> Instntment� whether or not then duc.with nny oxcesa paid to 8orrower. In the evcnt of a paNal takfng of the Properry tn
<br /> which tho fair market value of the Praperty immediatcly before the takina is equai to or gresur than the umount of the sums
<br /> r,ecumd by thls Securlty Inat�ment immediately beforo the taking,unless Borrower and I.ender otherwise agree in wridng,
<br /> the sums secuted by thia Secnr�ty inetrument st�ali be ceduced by the amount of thc procceds muluplied by the follov�ing
<br /> fracdon; (a)the total amount of tha sums r,ecured Immediately befon tho taking,divided by(b)the fair merk�t value of the
<br /> Praperty immediately befare tha wkIng. Arey 6alance shall bc paid to 8orrower. In the event of a partiul taking of the
<br /> Property i� whfch the fui�market value of the Property immcd{ately before the taking ls less than the amount uf the sun�s
<br /> aecured immedieteiy before the takIng. unless Bartower and Lender atherwtse agree in wridng or unlesa appllcable luw
<br /> othcnvi�c pmvides,the proceeds ahatl be applied ta the sums secured by this Security Insuument whether ar not the sums ure
<br /> then due.
<br /> If the Ptoperty is abandoned by Borrower,or lf,after nodce by Lender to Horcower d�at tlie condemnor oft'ers to makc
<br /> an award or settle a ctalm for damages,Borrower fails tu respond w Lender wlthin 30 days after the date the notIce is given,
<br /> ' Lendar is authortzed w collect and apply the proceeds.at its optian.either w restorutton or repair af the Property or to the
<br /> sums secw+ed by thIs Securtry Instrument,whether or not then due.
<br /> Unless I.ender nnd Borrower otherwlse agree In writing,any applicatlun of proceeda to principal shall not extei�d or
<br /> �sostpone the due date of the monthl.y payments referred to in paragrephs 1 and 2 or chaage the amount of such payments.
<br /> 11. �o�7�ower Not Released; Fbrbearence By Lender Not a Waiver. Extension of the dme for payment ot
<br /> modificndon of aritorii�.ation af tha sums secured by this Sect►dty Insmunent g[artted by Lender to uny spccessor in interest
<br /> of Barrower shaU not operate to releese the ltability of the odglnel8onower or Borrower's successors in interest.Lender
<br /> shaU rtot be required to commence proceedings agaiast any successar in interest or refusc to extend time for payment or
<br /> otherwise modify amortization of the suma secured by this Securiry Instrument by reason of any demand made by the originnl
<br /> Bormwer or Borrower's successorx fn interest. My farbearance by Lender In exeraising any r�ght ar remedy shall not be a
<br /> �,;- wutver of or preclude tha exercese of uny dght or remedy.
<br /> ����' !2. Successors and Asslgns Round;Joint aud 5everal Liab111ty;Casibmers. The covenants and ag�eemenss af this
<br /> Sei:urity Inswment shall bind end benefit the succss.cors and assigns of[.ender and BorroweT,subject to the provIsions of
<br /> paragrnph 17.Hornower�s covenents and ugreements ahall be joint and several. Any Borrower who co-signs this Securlry
<br /> �;�;� Instwnent but doca not execute the Nate: (a)is casigning this Secudty Insuvment only to mortgage,grant and convcy that
<br /> Borrowerx interest in the Pcopecty under the terms af this Secudry Instrument; (b)js not personelly obligated to ptty the sums
<br /> secured by this Security Insuumen�and(c)nIIrees that Lender und any other Borrower may agree to extend,modify,forbeur
<br /> G�• or make any accommodations with r�gard to the termx uf this Secudty Instrument or the Note wIthout that Borrower`c
<br /> ;
<br /> i:0ii52�it.
<br /> 13. Loan Charges. If the loan secured by this Secudty Instrument is subJect to u law which sets maximum loan
<br /> , t charges,and that law is finally Interpreted so that the Interest or other loan charges collected or to be collected ln connect�on ;�
<br /> with the laan exceed the pecmitted limtts,then: (a)any such loan char�e shall be reduced by the nmount necessar3 to reaucc
<br /> ``` the charge to the permitted Iimit;sind(b)any snms already collected fmm Borrower which exceeded permitted IimIts will be
<br /> # refunded to Bnrrower. Lender may ehoose to make this refund by reducing the principal owed under the Note or by makIng u
<br /> direct payment to Borrower. If a refund reduces princtpal.the reduction will be treated as u partlal pmpuyme»t without any
<br /> prepayment charge under the Note.
<br /> 14. NoHcea. Any notice to Borrower provided for in this Securiry Instrument shull be given by delivedng it �r by
<br /> mailing it by first closs mail unl�s applicnble luw requins use of another method.Tlte not3ce shull be directed to the Property
<br /> Address or uny other uddress Borruwer designates by notice ta Lender. Any notice to Lender shall be �iven by first class
<br /> mail to Lender�s uddress stated herefn or any other address Lender designates by notice to Borrower. Any notice provided for
<br /> in this 5ecurity Inswment shall be deemed to have been given to Borrower or Lender wt►en given us provided in this Y�.�
<br /> P �P • �
<br /> � 13. Coverning Law;Severabllity. This Security Instrument shall be govemed by federal inw and the lAw of the `�-''_'�.�.�'
<br /> jwisdiction in which tho Properey Is located. In the event that any pmvlslon or clause of this Security Instrumeni or thc Nate �"''�
<br /> conflicu with uppltcnble luw,such conflict shuU not affect other provisions of this Secwiry Instrument or the Note which can '� .;
<br /> be given effect without the contlicting provision. 'Ib this end the provisions of this Security lnstrument nnd the Note sue .?'-.
<br /> declared to be severable. ��•`��
<br /> Y 16. Bon ower's Copy. Bonower shall be glven one conformed capy of the Note and of this Secudty InstrumenG '�iz�
<br /> 17. ltanster otthe Property or a Beneficinl Interest in Borrnwer. If all or eny part of the Property or any interest in A�
<br /> it fs sold or transfer�+ed(or If a beneficial intemst in Borrower is sold or transfemed and Borrower is not a natucal person) �•.-�'F
<br /> without L.ender�s prior written consent,I.ender may,ut its opdon,require immediate payment in fuii of aii sums secured by
<br /> .••.:�:;�t�; this Secudty I��strument. However.this option shall not be exercised by Lender if exercise is prohibited by federal law as of
<br /> G,.., the date of this Secudry InswmenG „
<br /> �;���� I f Len der exercises t h is op t ion.Lender sh�ll give Borrower aotice of acceleradon. The notice shall provide a p eiiod of
<br /> .��y- not less than 30 days from the date the norice is delivered ar mailed wIthin which Borrower must pay atl sums securcd by this '•:':
<br /> S� Secucity Instrument. lt Horrower fails to pay these sums prior to the expiradon nf this pedod, Lender may invoke any
<br /> tr_:; .;�ry,SL .
<br /> . r remedies pertnitted by this Security Instrument without further notice or demund on Borrower.
<br /> 18. Borrower's Right to Reinstate. If Borrower mcets cectciin conditions,Borrower shull have the right to have
<br /> enforcement of this Security Instrument discontinued nt nny time prior to the earlier of: (a)5 days(ot such other perlod as
<br /> �`;; Single fvmily—Ikttnk Madtfieddk Ntac UIVIFORM INSTRUMENf-•Unifortn Covennna 9/90 (page 4 ojb pogesi Y
<br /> r,��� ,'�., —?f�'t:c .. ':r.:J:;�'�` .
<br /> K' a;d;o,�;'� . - �� ' ' . .. . , - . . .. t �' - " .
<br /> .�� + ,:tMr ,MT. . . . � . -' . . . v., .. ' aS:.�!�� .. ..� .. .. - ' .
<br /> ] N Y �yh�i�.r .. -' -� - � " ' - ., ,n.i.�l r �%i�,+ .,. . . .• .
<br /> ��y , ., J „ y,�, •,�,...,....::
<br /> �� ' � � - ti���;� j,` . .
<br /> �, �' . , t 'y( �"l�� �;�"� � A'y'°«�r �, .
<br /> vll�vWS�i^Sis� p�,.�.�i !i• ' ll ., � . - . ]�9.�;�r�`�+�M�r�sl�.�',fR.' .. . . .,
<br /> `�s �'; R�M ��{� ,, r .. „ . . � . .. . � ... 'S�.+6}�:�rl�-1..��^L ' .� i�
<br /> ����", n,.: , ' - �. - . . . G��` �,� .r � . .. - .. •• .
<br /> iF.' _ ' ' .. _ .. . . .. � . .r.s;..,.. _j�' y,f.._.--.., .
<br /> �4• • �7�. '• � 1 , ..I . . ° . ,� ."��1. t '} p. �' �. .
<br /> kiSY_ 3�' ,.�S��Y..'•c` . _' '. .� , ;. . - - . � - ;.r'�� �T- � - .
<br /> �1'.,�i• F. . . _ . , .� - �� �.� �-o-;.i' . .
<br /> __ a � ..
<br /> .k �ti��•.. -� , r, •�`ai 1r� 'i:���5.�. � .� �. .. , .:� {�, ' ., . .
<br /> '�f•
<br /> t V.Mx .. .� . �?�.�uti,} i, .� . . .��� .
<br /> . . . .. .. .. i. /1n"� . . .
<br /> .. ....:'� . , y, .. � � �. . � ° .. . . , _'.�. "r.. O _ ,
<br /> ...�. ,. �' :, .0 , . . . .. - � ��' .:�^4..ay'. � ... � � �
<br /> ��.:i.*4`.i.l�S�.�.. F� . . . - . '• .,. ._. •'SOiV:Yii .. , �� . ' ' . J''��, . ..:L;'���'Y'''�f:iAX3#�. i�' .. , .. i ,
<br /> t, y
<br />
|