|
�y� J-•
<br />�if��� 41i;�e�j41 .7 :�n • � ,y � �T . � . � 1:� 1� .Y' ' .i�'�r/:�'iic,:t��L �Y
<br /> �2.c�l �� �at;hF' .�Y,
<br /> ;:1t.:' .",,,-i
<br />_'7� � ��' ..r
<br /> .. . _ _�� . ., . / . . .f.
<br /> _ —_—_'—___,__ _'_ ..._—_—�—__ __ '__"_ �
<br /> .. -__ "— __ ., .
<br /> .. . --" —___—.��.� — .__ ° ,
<br /> . . . . _ ___.'
<br /> . . . g�.��Q"�o�,2
<br /> ccmdemnatian ar ather teking of sny part of the Propeety,or for conNeytu�cs In li�u uf condemnrtinn,ar�heroby�usigned w�d
<br /> Fhall bc pAid to I.cnder. �
<br /> [n tha event�f a wt�l tnlcing of tho Prapeny; the proceeds �hull b�e up�rltul ta�he surr�s secuxcd by�hi� 5ecurlry
<br /> [nstrument.wl�ther or no�then due,with uny oxorsu pald to Borrower.. In Ihe event af A p�ttlal t�kin�of the Propetty in
<br /> whlch!he fuir mukot velue of the Properry immedleAely b�efdre the takcng ia equ:l to or gce�ter thui thc a�nou�►t af�h�cum�
<br /> see�red by thls SeeurIty Inawment immodlatcly 6eforo tho t�icing.unleu Bamwer ux!Lendec Wfiecw��a�gree in wdtin�,
<br /> th�a sums securad by thts Security Tttdtrument elt�ll b�e tr,drrced by the wnount ul the �multiplIed by th�e l�Ilo�rin�
<br /> fraation: (s)the totel nmz►unt of the sum�Recured[mmediatdy before the tc�king,divi d tsy(b)the fAlr matket valua of tha
<br /> �roperty immedtntely bofore tha taking. Any bal�ncro Rheli be pxld to Rortowet. in tho event of w p�rt�ial t�king af the
<br /> Property in which the fair madcet value of the Property immediately btfbrc tttn taking 1s Icss than tho amnunt of thie euma
<br /> secuted immediately before tho taking,unlesa Borrower and l.ender atherwlse agnee in wrltl�g ar untess appNcable law
<br /> otherwise provldas.she procceds shall6e�pplied tb tl�e sume secured by thia Security Ina�u�rant whether or not tho aums are
<br /> then due.
<br /> If the Property ia nbandonad by Borrower,�r if.after natice b�r Lender w 8orrowcr that the wndemnor offers to maka
<br /> an award or settle a claira for damages.Boirower fails t�nspond to Lender within 30 days nfter t6e date the no¢ice ia g(ven,
<br /> [.ender is suthorized to collect and appl��the proceeds,at lts opdon,either to restorndon or�rcpalr of the Propetty or to tho
<br /> sums sesured by tiiis Securiry Insuurnent,whether or not then duo.
<br /> Unless I.ender end Homower othenvlse ngree jn wrtting.any npplication of procceds to principal shall not extend or
<br /> pnstpoee the due date of the monthly puyments referred to in paragraphs 1 end 2 ox change the amount of such puyments.
<br /> 11. Borrower Nat Reteased; Fbrbearance By �.ender Not a Wsdver. Extension of the drne for payment ar
<br /> mociification of amortization af the euma seeured by this Securiry Instrument granted by Lender to any successor in inte�st
<br /> of Bormwer shaU not opernte to release the liabiUty of the original Borrower or Borrowerh successors in interesG I.ender
<br /> shaU not be requiced to commence proceedings against any suc��ssor in interest ur reCuse to extend tim�for payment or
<br /> otherwlse modify amortizution of the sums secured by this 5ecwity Instrument by reason of any demand made by the original
<br /> Horrower or$or[ower's succeasors in interest Any forbearence by Lender in exercising any right or remedy shaU noi be a
<br /> waiver of or preclude the eaercise of any right or remedy.
<br /> 12. Suocessors and Asstgns Bonad;Jotnt aad Seveeal LiabUfty;Castgners. The covenants and agreemcats of this
<br /> Security Instrument shall bind and benefit the successors end sissigns of Lender and Bomower,subject ta the provisioas of
<br /> paragraph 17. Bomower�covenant�and agreemente shall be joint and several. Any Borrower who co-signs this Security
<br /> Instrument but dces not execute the Note: (a)is co-si�ning this Security lnsmiment only to mortgage.grant c�nd convey that
<br /> Bomower�s intemst in the Pmperty under the terms of this Security Instrument; (b)Is not personelly obGgated to pay the suma
<br /> secured by this Security Insuumenx and(c)agrees that Lender and eny ather Borrower may agree to extend.modify.forbear
<br /> or make any accommadations w[th regerd to the terms of this Securiry Instrument or the Note wIthout that Homower�s
<br /> �.::.� consent.
<br /> '�'� •, 13. i,oun Charqes. lf the loan secured by this Securlty Ins�ument is subject to a Iaw which seta maximum loan
<br /> 1 charges,und that law is finally interpreted so that the interest or other loan charges coliected or to t+e collected in conncetion
<br /> :�-:,;��'��!_ with the loan excced tho permitted limits,then: (a)�ny such loan chacge shall be rcduced by the amount necessary to reduce
<br /> �� �• �'"�`- the cha e to the rmitted limit;and(b)an sums a{read coltected from Borrower which exceeded rmitted limits wilt be
<br /> wS�::?�-�::. � Pe Y Y Pe
<br /> . -•�s:�•_:�w�. ., refunded to lBorrower. Lender may choose to make this refund by reducing the principal owed under the Note or by makIng a
<br /> � '�'�'` "�?"''�".' direct a ent to Borrower. If a refund reduces rinci al,the reducdon wiQ be ueuted as a urttal re a ment without an
<br /> 1�, . "` r- ,�r.. :; PY+n P P P P PY Y
<br /> .� '' . .. pmpayment charge under the Note.
<br /> j, h�,..,�.., .
<br /> ��'�`r'�"••�;"•;'"•�'^ 14. Notteea Any nodce to Horrower provlded for in thts Securlry Instrument shall be given by delivedng it or by
<br /> � ���r;�++.. mailing It by fust class matl unless applicable law requires use of s�nother method.The notice shali be directed to the Property
<br /> ` r�v��, *-i:n�ur Addc+ess or uny other uddress Borrower designates by c►otice to Lender. Any notice to Lender shall be given by fust ctass
<br /> '''' ve��'•�drv ' ms�i to Lender�s address stated harein or any other acidress l,ender designates by norice to Borrower. My notice provided for
<br /> ��*'-�'�"��•"'~''� in this Secudty Instrument shaU be deemed to have been given to Bomower ar Lender when given os provided in thls
<br /> v�� �e}�.'�Y� �".�.�`� paragraph.
<br /> !`.+��;;;,'.�;,'. - 1S. Coverning Law;Severebility. This Security Inswment shelt bc �cvemed by federal law nnd the law of the
<br /> , •
<br /> "�"��'^•�"� jurisdictton in which the Property is located. In the event that any proviston or clause of this Secudty instrument or the Note
<br /> w.�+l��i+�►:w.:,�:�:�.,-Nr� •
<br /> �>. conflicts with applicuble law.such conflict shall not affect other provisions of this Securiry Instniment or the Note which can
<br /> ""'='k'"' � . . be given effect without the contlicdng provisian. 1b this end the provisions of this Security Instrument and the Note are
<br /> °;'r : � declared to be severable.
<br /> ,s':?,:,:.. . 16. Borrower's Copy. Borrower shall be given one confarmed copy of che Note and of this Securlty Instwnent.
<br /> s°• �� � 17. '11�ansfer of the Property or a BeneRcial Interest in Borrower. If atl or any port of the Property or any intenst in �,K
<br /> �r�•`- , it is sold or uanafcned(or if a bene�ciat interesc in Borrower is sold or transfcrced and Borrower is not n natural person) •
<br /> �
<br /> � without Lender's prior written consent,l.ender may.at its option.require immediate payment in full of all sums secured by �
<br /> .. ; this Securiry[nstrumen� However,this option r,h�ll not be exercised by Lender if exee�cise is prohibited by federal law as of =
<br /> � the dute of this Security Insaumen� ;;a't.�
<br /> �'�' :,�,.. � • , If Lender exercises thls uption,Lender shatl give Borrower notice of acceletation. The nodce shall provide a period of
<br /> not less than 30 days fmm the date the notice is delivered or mailed wIthin which Bomower must pay all sums secured by thts
<br /> p��•. � ;�.�;'�� Security Insaument. lf Borrower fuils to pay these sums prior to the expiration of this period, Lender may invoke any
<br /> '�' remedies permitted by this Security Inswment without fi�rther notice or demend on Borrower. •
<br /> 18. Borrawer's lttght to Retnstate. If Borrower meets cetwin coadittons, Borrower shall have the right to have
<br /> . enforcement of this Security Instrument discontinued nt any time prior to the es�rlier of: (n)5 duys(or such other period a�
<br /> �,�;� � Singk Famliy--flannte Moe/[Yeddie Mac IJNIFORM INSTRUMEN7'—Un[fortn Covenmu 9190 (page 4 vj6 pages►
<br /> 7 � .. • • � ' .
<br /> � :� .
<br /> � _...��____—_----•----------- ----- - - - ._.
<br /> , • • ,:.. , .
<br /> .. • .
<br /> ..._ ._ ._ . ... . . . _ . . . .
<br /> ' d._ . .. �.Yx� 'x_ ... .,....._.:�;�.._., , . .
<br /> '. . , , . :._ _.>:�t'P�;'�':=-� �
<br /> - .. � - . � . . .. ,:i,o o __ "'.,�!-�.Y . .... _ ... ' n. - .
<br /> hi
<br /> _.. . .4' . ., •, � � . . .•. ' � •
<br /> . .. �, .. ' , t1 ' �� -' . _ __r:'._.. . • , �'.. .. -' ..
<br /> .. • . . .� •' .. "� .. � �t' u . u .. . r] . ..
<br /> .. ' �� �1� .. ' �) , .. .� i. � .. � .� '
<br /> . ' .. . , .. .. � '- . � , U .� � :
<br /> .�r • ' , .. •, �; �,4;' .:� , ,�
<br /> ,� r — � . . ;► »Y.:�'-`
<br /> . „
<br /> . .. ..
<br /> _ `i _ � ' � . ,. , .' . ., .L"" <,�qJ. 9.{. „ ... _ .
<br /> ' _ _'....—. . ,1�1�+ +•�(r'�C��f���,r ��
<br /> • � . .. ., . � � ' ''�` � ' � .� .,
<br /> , . � �
<br /> y ` � .. .. . „ . �— . n ' .. � � , P
<br />
|