|
, . � � �� �l: �if�:� w 'k 1 . ��rk r.�', . �i '�1�. �JF ' . . , , �.�,��: �, �
<br /> �: �'�i` �;;�:?. ,� �w�� , .
<br /> - i '�� iC'�'r . . � • �,r•,
<br /> � -.,u;, _ .i Y i. --
<br /> . ! A"•
<br /> � eQaawr,u�at oim..,w_�+��...s� ess� rysslel: �- .�r�w�'!!�!tn.p•�+;►h ��-�'lk.e�.u�+g els..aetloa..or gcno..ar+�.la.ii�..._._.._..-.---.—
<br /> _ � d�n��d wMl��n�inp 1ln�R In L�ndrr't�ood fritM datMtNrwtbn�Pr�d�a lorl�tNr4 oi th�8ortow�r'a IntKa�t En th�PPaMrry or
<br /> o1Mi m�hrla0 Nnp�Nm�nt ot tha q�n a►wt�d by th�i B�xNy MsWmmt or lendds eioutily int�rett. BorrowK shall rko ba in•,,,_ "
<br /> tldsuR H 8airorver,durinp 4h�laxn�pp6eat�on proc�so,gnv�rrwtM�➢ly hlse or imccunte IntomrUon or atat�n�nh to I.�ndw(or�
<br /> hit�d io provld� L�ndn wRh�ny �►ut�lni Intom�tbn) {n caanactlan wlti�the lo�� e�l�lercaA by the Noiv, Inc7udlnQ, bui sot„�
<br /> Mrr�twf to, r�iK�trtlons co»c�mfnp Bortoww's accupancy of the Properry ae s prinsipal rea;dRnca. If th�s 8esurity �
<br /> Inatn�mmt te oo � Mas�hotd, BorrovrK ah�N oomp�y v�11h �N th� provl�tom of ths leiss. B Bmr�wa aaquks 1N tNt�to th��
<br /> PropKty,th�Nas�hold snd th�ie t[d�sh�ll not may�unlas Lwtdar iRe�f to ths me►px in wrllN�q.
<br /> 7. P�t�ctlon mf L.�ttd�t'�Rlphts Id th�P►op�rfy.M Bomownr hWa to prrtorm th�a�vmants�nd R�r�nwnl�
<br /> ao�Wn�d In thls B�curlty In�bummt,or thrn b�N�p�i proc�dk�0 th�t my �IpnMcentN ail�ct L�t►dw's riphtt in th� PtoMrty
<br /> (aucR�z a procc:.dnp L�b:n'•vuFtcy Pm�"te,fer cend�m+��tlon a teAeitura ar to entorce kws o�wgulaUcna),then Lenda m+�y
<br /> da�nd p�y tor wh�t�v�r Is nwnary to prot�at th�vdu�of th�Praputy md Und�r'e dphts In th�Property. Lenda's aeUoni
<br /> nuy inalud� payinp �ny sumt ��eund by a Nm which has ptlodly over thla Roeu►riy Instrurrro�t, appa�rk►� iri eouR, payin
<br /> naaombl�attomeys'tNS �nd enterfnp on th9 Ptoperty to m[ke repaire.AMhouph Landa rr�y taks acUoo under thls p�ragrap�h
<br /> 7, L�nd�r doea not h�vp to do so.
<br /> My amounte disbuned by lender und� para�raph 7 ehdl baooms �ddiUonal debt M Bom�wer eeourod by this 3ecurfty
<br /> Usburtant. Unb�s BortowK�nd L�ndrr apn� to athet tertr� of payment,theae amounts eh�bear inte►eat irom ths dats of
<br /> disbur�ernent at the Nute rat�and ahaq fso paysbte,wUh Mtaent,upon notke trom I.ender to BoROwer roqueathg payment
<br /> 8. AAwrt�s� Inwr��a�. fl Lendw raquked mortyags insunnce�a a aon�itfon of maktnp the loan secured by thla
<br /> 3ecuiity Instrument�Borcower ahd pay ths promfums roquked to m�k►ttln the mortpsge lnsurance in efteoR If,tar ar►y ronaon,the
<br /> mortp�pe Inaurance coveraye requYed by lendx i�paes at ceaaea to be tn eitccl, 8orrowe►ehaY pay tfio promiums roquked to �::`
<br /> obtaln covarage eubatantialy equh=lent to the marigage tnaunnce pro�louay in eRec1, at a cost aubstanUeYy equNatent to the w,,�
<br /> cos2 to Borrower of the rtartgaye tnaurance pravlouay in ereci. trom an aftemtte mortgsge Inauror eppraved by Lender. If
<br /> aubstantl�Ny equNal�nt moRp�Qe haurance covenys ia not available,Bomawer shati pay to lender eteh month a aum eqwl to
<br /> onatweMth of the ye�rty mortga9e Ineurancs pranlum betng paid by Borrowar when the tnsurance covaage t�paed or eeased to
<br /> be b ettect. Lendx wAI sccapX use and retak�theae psymente as e losa reserve in Neu oi maigege Inaurence. lass ror.avo -
<br /> paymenta msy no ange►be requked,at the opUan oi l�dar.H mott9a9e Nauranca covera3e Qn the amouM and tor the palod "�;�;-
<br /> • �•1 that Lendet requtres) prorfded by an inauror epproved by Lendat atqefn beeomes avallaabte and fs eM�dned. Baaowes ehatl pay n�.;.
<br /> '• '� � ` " • the premiums required to rtwlntefn modgage inauRnce In eHect,or Yo provida e bss reserve, untit tha requirement fo�mortgage
<br /> .� y,,.; � hautance�nds tn accotd�noe with eny wdtten agreert�+t between Bortower�nd lende►or appW�bie Rw. ,�•:,:Q
<br /> ' �*.��•.�:�-. �'k 9.Insp�etton.Lender or its apent may make�easonable entriw upon end tnspecitons W the P►u�e�ty. Lendor shell glve r
<br /> ,� °`� Barower eoUce at the tYne of or pdot to an inapectlon apedying teaeonable�auae tor the inspectton. '_.,,;;
<br /> �... .
<br /> ' ��•��.' .^�}. 10. CondstnnaUon.Trie proeeeds of any awud or datm tor dameges,dtrect or consequenUei,tn eonnectlo�with any
<br /> "��*F~�'�`"`'_ condenx�aUon ar olher taking of�ny put ot the Property,o►for conveyanca in Yuu of condernnation, aro he�eby easigned and '�;
<br /> _; �'"•;,�tA;;. sh�ll be patd to Lpnder. .;;�•-
<br /> r ti• ,��•-_�•�� In the event of a toW taWng ot the Property, the proceeds shall Oe epplied to the suma secured by thia 8ecurity
<br /> y�f:....a, f �
<br /> '4 .�..il�;_��• .::.,,,, insUument,whetha►or�ot then due,vrith erry excess patd to Borrower. ifl the ererrt ot a paitlel ffiIdng of the Property in whteh �,
<br /> !hz i84�!2l�t!!Y�'!�Ot 4he�ap�y�m��Y��the 18k(ttg (s equel to Ct�reeter then the emoul1t ot thf�sums SeCUied `;,*;
<br /> •°�' `"' `�''�''' by thts Securtry lnstrumeM knmcdietely before the tefdng, unlesa 8orrowa and Lender ofheiwiae agree (n w�ttlng, tUe suma
<br /> �' � aeared by thts Sewdty inatrument shull be reduced by the emount of the proGeeds muttipliesi by the taAowing hectlon: (a)the �",!�.
<br /> `'"•' `` ' ' total amount o}the sums secured immediate�l before the tekin�, dhrtded by(b)the 1a(r merket velue of the Properiy fmmediately '�_�
<br /> '.��<���t:,:._., ':��.,;<
<br /> " "� ��"���' �' betore the Wdng.My tratence aheit be paid to Bomm�esr.In the event ot a paRlal tatdng of the Properly In whtcb the fak merket ,�°�.,
<br /> �t:I. �-�a:,.��.. ;._:;::;
<br /> ?•���•:t`� � . vatus ot the Property M►�nad(�tety before the taking ia Fess than the emouat of the sums sewred immedfstey b�Toro the taldrtg, • `•t
<br /> ;e;�,•: = , untese� Borrowex and Lender otherwlse agree In w�c3tfi� or unless applirabte t�w otherwtse provtdes, the aroaeeds ehaM be ,��
<br /> ,.�.;�';`� .��:�"�" e+ppYed to the aums aecured by Nts 3ewrity Instrument whether or�ot the euma are then due. �;..
<br /> '�_�� .�•. ' "^'"�'"' �}the propert�r!s ebandooed by Borrower, or if, atte►nattcs by Lender to BoROwer that the condemnor oHers to meke an ,�
<br /> '.'�`' ""' � award or settle a datm S`or danuges� Bortower faita to reapond to Lender wftAin SO daya atter the dnte the notice Is glven,
<br /> ��i""`�'"''`i"� Lander fa authatred M coNect and apPty the proceeds. at(ta opUon,dtha to ret►toratton or repaM�of the Propeity or ta the
<br /> �'��:�;�•�,"t'� euma secured by thts Seeuriry IneWmer�t.whether or eot then due.
<br /> s:�,°�.'�,'"t`t:-,:. :'y�:
<br /> ��.;> �..,:., :'.:•= U�less Lender and Borrowa otherwise agree in wdtlng, eny eppltceUon of proeeeds to prtndpai sheti not e�Qand or
<br /> ��'"'r-{"��"' poatpone the due date oi the manthy paymenta reterred to in paragrephs 1 and 2 or ehanga the emourn of such paymeMs.
<br /> R y�,�,+�,,•.•.,,.....
<br /> � • 11,eorrowar No!R�laaaed; Forbeannae By Lend.�r No! s Waiv�r.Extensjon of the wne t«paymern or
<br /> �'������'�� modiQcatYon of amortlutlon ot the sums acaured by thia 3ecwity instrument granted by Lender to arry successor In interest of
<br /> �. .�..
<br /> r x�,:,;:�,;;�;�-,�,�-•.;,:,;, Borrower ahaA not operate to reieaae the II�bUfly a4 4Ae odginal Bomower or Borrower's successora In IMerest. lendef eha8 not ,,.
<br /> ;/�,�`�4� . � be requked to commence pmaeerlin9s a9Unst enY succesaor in IMerest or rciuse to extend tlmo for paymerrt or otherwiee ;;x•.:�
<br /> } i�';' �'r'
<br /> :�1„�,.�-• • ,. ,;.�a� modity art�o�tiutlon o}the suma seeured by this SQCt�rlly instrument by reaaon ot eny demand made by ffie ortgfial Borrower or
<br /> ��;,,,. . '�.4�4�}' ; Borrower's sueceaaora in interest My torbearance by Lender in exerdsing eny r(ght or►emody shali not be e waWer ot or
<br /> - <•� prectude the exardae of eny rtght or remedy.
<br /> .�� " �•-r 12. 6uea�ssors and Asstgna Baund: Jolnt and Ssvera! Uabtl6ty; Co-signero.The eovenents end
<br /> e � ••.. .� , a�eements at thts Seairtty instrument shaN bind end benefit the succeasore end assigns ot Lertder artd Botrower,subject to the
<br /> provtsfona of paragraph 17. f�oROwePs covenattts and agreements ahail be joMt and sereral. My Botrower who co-stgns thts
<br /> �' ;,:;; , . . SecurHy Instrument but does not execute the Note: (a)is co-signtng tMs 8eanity Instrument ony to mnKgage,grant end convey
<br /> - � thet Borrower's intere�st in the Propedy ander the tetms of this Secur(ry lnstrumen� (b) is eot pereonaly obligated to pay the
<br /> "`��'' �' �' sums eeeured by thia Secur(ty Inst�umanx and(o)agrees that lender and any athef 8ortower may agroe to extend,modit�r,
<br /> r�,,�.. .� ,.
<br /> torbesr or make any aeaommndations wftA regard to the tertna of this Securfry InsUument or the Note wfthout thst Bo�ower's
<br /> � • eonsent
<br /> '' • 19. Loan ChiryL�El4. H the Ioan secured by thts 9eeurity instrument is subJeet to a taw whteh �eis muximum toan
<br /> �� � aherges.and tAat law ta Andy interpreted so that tne interest or other loan eherges coaected or to be eoilacted in eonneaSton
<br /> with the toan exaeed the permltted Umib,then: (a) any such loan cherqe ehall be tedueed by the amount oeoessery to reduce
<br /> ;,;•.:;,�,., the oAarge to the permltted qml� and (b)any sums already colleoted iram 8orrower which exceeded penMlted Umita wN be
<br /> ''�,:, retunded to 8orrower.Lenda tnay choose to make thta reNrtd by redudng the principai owed under the tJota or by making a
<br /> • '�"j•^' . . � ditect p�yment ta 8ortewer. tt a refund reduces pdndpal. the reduotton wiN De treeted ns a ParUat Prepayment without eny
<br /> � •.^',: ;. . : P�Y�t�Be undex!he Note.
<br /> 14. NOtIC6s.My aoUco to Botrower pravided for In this Secudly tnstrument shell be ghen by delMcMng ft or by mallinp ft �
<br /> y�,- -��'-. � by Nrst dass rt�U anlesa epp�Icebte�aw requkes use of another method. The nottee shall be dirocted to the Praperty Address '
<br /> or any other address Bortower designates by nottce to Lender. My notice to Lender shell be glven by trrat dass mail to
<br /> ._.� ..�.� r...�. .. e,�....*�.ed.e�s t andar dnsleonatos tiv noNm to 6etmwer. Anv netfce emvtded tm in this
<br /> .c.n.o.v aa.:.:wo .�.... ....�... .. —•• --•— ---�--- --�--- --
<br /> � Seatrtry Instrumant shail be deemed to have beert gMen to Borrowe►or Lender when ghren as pmvided in thfa paragraph.
<br /> 15. Gov�TniRg I.�w; 89�►e�bility. Thfs Sewrity Instrument ehall be govemed by ted�sra� �aw end the taw of the
<br /> • Jurlsdictlon tn whlch the Properly fo Iocated. In the event thrt ersy provt�bn ar dause of thls Security instrumeM or the Note
<br /> con�tct�whA appllcable taw,such eontUtt shail oo!aHect othar pmvisions of this 3ecu�ity Instrument or the Note which ean be
<br /> ��: � given etteai Mlthout Me eonNcting provi�ton.To Mis a►d the protlislone of this Secwity Inatrument end the Note ere dedared to
<br /> � .. be earprable. �
<br /> � 18. BOKOMIe�'s COpy.Borrower shell be gNen one confom�ed copy ot the Note end of thb Securlty Instrurnent
<br /> i.. . • � �.
<br /> . ' �„g �, �� �
<br /> ,��'` .. �. �..
<br /> F1�18.LM0 t1�193) Pago 3 ot 9 �
<br /> .- , , �
<br /> 9t085
<br /> •o •�
<br />
|