|
. . . ._.... - . . .... „,;...; ..
<br /> -..,�_ :..:. - � _ - - • i.. ` ,
<br /> •�� � .. ;� .
<br /> ...�..�. �� . .,_.,,.:r,�,.;�:�-..�::, ; _ _.
<br /> . . �,,._�... . . . --•.:... . . _ _ _
<br /> . :� � .,�,, ..
<br /> .,.�r �IJIU�ic•nr�a,�:.;v .. . . � trr•���n �5:� _ .,_�a �- .� �
<br /> �
<br /> � ..�.
<br /> •
<br /> .._.T
<br /> . .....n..�.,..._....�..�v,Y._._..-_. _
<br /> .��,�� - " _- _..___.___�
<br /> - - �--° ----. .______...__.___ __-�--_
<br /> - -�-�
<br /> �_,.��
<br /> —_.
<br /> _ -- — ==��=.v�.e:=.-�-°�.�.�"" - - _— — ��--
<br /> '""'�=---r=--��-- -...,�--,r- -��._.._._...__.__._. -- --
<br /> �.v,...�ngc �.�.^^ ----- ._
<br /> -
<br />�.:';�=+;c•n..:�: �. . . , �
<br />_ ., , , .__._ ..._ . - - _��.
<br /> r� � t-'--- -
<br /> �' `�.���i!',�`1�:/ ;:�:a:::.
<br /> • � �������.�
<br /> .s � . . at tho aptinn nf I.ondc�r, ie r�iprtEa�;a ic�;urr,nca covGrnF� (in tho tisr�aune mi�l 4or tlr: �:di�1Cli� 2I1(lt TI;Si(�cz rccyui�•c•�) IJy,_,__
<br />'=�:,:.: , �-----
<br /> .c �.- � � provide;�Uy en lnsurar approvcd try I.ender a�eln bccor►�es c+veilebl�en4 ir,aUtainuf.IIorrower chaE!pay the grc�n'sumr+ _
<br /> j�-,�;���, requirec�to main2ain mortg�go in;�urenca in eiteat,or ta peovdde e lass reservo, uut�l th5 rcyuirement far mortgeFe _�
<br />,...;�,.�•s�'w"'ti��.�` in�urance onds in accordanco wldh eny written Agroement betweon Pbrrower nnd I.endor or apnlicablc�law. ��
<br /> � � -� � 9. �ns�accion.I.�nder a�{to ngcnt mey mnk�rcasonablo entrtes u(x►n enci insper,ttone ot tho Preperty.C.en�ar shell R�
<br />-���'�`�-� � "r� ive Iiorruwer notsco et tho tima of ar priar ta en inepcctic�n ap�ci�ying r::aM3;�ab1c ccu°.:?o�thc In:p_ctlan. � -
<br /> --__-;,��':�;�':,�;,k R
<br /> 10.Candomn�tion.Tho proco�ot any award or oleim tor damoges,direct or consequential�in cannootton with
<br />:��;b,,��.� � ��K any condemnation or other taking af any part of the Property,or fo�r cunvdyanco in lieu oY coademnntian, ere hercby _
<br />�-.:': '' :`a'"'a�-.' essigned end shell bo paid to Lertder. _
<br /> t'''� " In tho event of e total tsking of tho Property,the pzoceeda ehnll t�a npplied ta tho Rume secured by thia Socurity
<br /> :.�',;�.� Instrumen4,whotY�er or not then duo,with any axcecs pald to Dorrower.In the avent oi a partiel teking of the Property in __
<br /> •<��, � which tl�a�alr raarkot value o!ihe Property�cnmediatoly'bcforo tha tekIng ie equat to or greatnr then the amou�►t oi tha ---
<br />"''�� �� � sume securGd by this Secu,ity Instrument immediately befora 4he taking,unless Borrower and Lender atherwise agree
<br /> r:.. .
<br />�;�;� . • in writing,tha eums secured by thie Security Instrument shall bo reduced by tha nmount af the proceed9 multiplied .
<br /> r"� , the following fraction:(a)the total amount of tho sums secured immeciiately before the takin�,divided by (b)the fair
<br /> � market value ot tha Property immediately bEfore tha taking.Any balanca ehall be paid to Borrower.In the event of a
<br />=.� " partial9sking ot the Property in which t�e fair market value of the Property immediately b�fure the taking ie less than
<br />,�-,�.� .� ":;,, the emount af the eums secured immediatoly before the taking,unless Borrower nnd I.ender otherwise agree in writing
<br /> � or untess applicable law otherwise provides, the proceeds shall be applied to the sume secured by thie Security
<br /> _� _ , ., Instrument whether or not tha sume ure then due. _
<br /> If tha Praperty is abandoned by Bonower,or if,after notica by 1.,endar to Borrower that the condemnor offers to
<br /> f,� : , ° make an uwerd or settle a cl�im for damages,Borrawer fails to respand to Lender within 30 days ufter the date the -,,_,,.
<br /> � notica ia given,Lender ia authorized to collect and apply the proceeds,at iu option,oither to restoration or repair of the ��', _-
<br /> � `` Property or to the sums secared by thie Security Instrument,whether or not then due. �,,,_
<br /> �?j •�''�'� . Unless Lender and Borcower otherwise$gree in writing,any applicatian o�Y praceede to principal shall not extend or {� ...
<br /> postpono the due date of the monthly payments retened to in pnragrapha 1 end 2 or changa the umount of euch
<br /> . . paymente. __
<br /> 1I. Barcower Not Released; Fortreacanco By Lender Not a Waiver. Exteneion of the tima for payment or
<br /> ' modification ot amortization of tha eume se,cured by this Security Inetrument granted by I.ender to any sucr,essor in �,
<br /> „ ----
<br /> _
<br /> ' interest of Borrower ehall r,ot operate to release tha liability of the ori6inal Honower or Borrower's succ�ore �n __V
<br /> interesi.3.�►ue� ei�,�31 aot�r�;u:r�±*-�.��^�'•s-^-P"ce nroceedings eeainst nny successar in interest or refuso to exten ___
<br /> " � time for payment or otherwise modlfy amortization of tha eume secured by thie 3ecurity Inetrument by reason oi any _
<br /> domand mado by tho originel Horrower or �arrower'e successore in interest. Any forbu►rance by Lender in oxercteing
<br /> � � any rigt►t or remady ehall not be a waiver o4 or precii�de tha axercisa of any right ar remecfy.
<br /> IZ, Successore and Asei�ae Bound; Joint�nd Soversl Ll�bility;Co-slgaora.The covenants and a�reemente _
<br /> " of thie Security Inatrument shall bind and ixnafit the successore snd assigns of Lender and Rorrower,subjoct to tho
<br /> • �, provisione of parngraph 17.Borrower e covea�enta and agreementa ehall be joint and several.Any Bortower wiio co-eigns =_
<br /> � thie Security Inetrumant but does not ezecute the Nota: (a) ie co-si�ning thie Security Inetrument only to mortgago,
<br /> " • grant and convey thar. Borrower's interest in the Prop�rty under the terms of thie Security Inatrument; (b) ts aot _
<br /> personnlly obligated to pay tho sume secured by this Security Instrument;and (c) egrees that Lender and any uther �T
<br /> Bonower may agree to extend.modify.forbear or maka any accommodations with re�ard to the terms of thie Security
<br /> � Inatrument or the Note without that Bonower's consent. �:�`'�
<br /> 13. Losn Chargea. If tho loan eecured by thie Security Instrument is subject to a law which sets maaimum loan �,..
<br /> cherges, and that law is finelly interpreted so that the interest or other loan charges collected or to ba wllected in .;.,;
<br /> cannection with tha loan exceed the permittecl limits, then: (a) any such loan charge shnll be reduced by the amount ,5 �:,
<br /> • ° necessary to reduce the churge to the permitted limit; and (b) any surns already collected froa: Borrower which
<br /> ' exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by r�ducing the .
<br /> �• principal owed under the Note or by making n direct payment to Bonower.If a refund reduces principal,the reduc4ion ,
<br /> will be trented es a partiel prepayment without any prepayment charge under the Note.
<br /> • 14. Notices.Any notice to Borrower provided for in this Security Instri�ment shall be givan by delivering it or by
<br /> �`� " mailin�it by firat class mail unlesa applicable law requires usa of another met:�od.The notice shall be directed to the
<br /> �r Property Address or any other address Borrower designates by notice to Lender.Any notice to Lender shull be given by
<br /> �'�' first class mail to Lendar's address stated herein or any other address Lender designates by notice to Bonower. Any
<br /> � • � notice provided for in this Security Instrument shdil be deemed to have been given to Borrower or Lender when given
<br /> `'� ae provided in thie parngraph.
<br /> : � • ' � I5. Governiag Lsw;Severability.Thia Security Instrument shall be governed by federal law and the law of the
<br /> jurisdiction in which the Property is located.In the event that any provision or clause of this Security Instrument or the
<br /> . Note canflicte with applicable law,such conflict ehall not affect othar provieione of this Security Instrument or the Note
<br /> �vhich can bo�iven effect without the conflicting provision.To this end the provieiona of thie Security Instrument nnd
<br /> � the IJote are decllered to be severuble. I
<br /> ' "' Porm 9D2e 9/90
<br /> � � . �--BR(NElroi+a� v.a.4 oe e In�t�ala:
<br /> i
<br /> � . . ._... .. . . . _ .. _ �
<br /> - __- - _ -- =- - _
<br /> - -- - \ _. .._ _ _.` ._. .. _ .. .. . .. _ —.._ . _. --- _:"7f:...4;:1�:Y. , �.��T .. -- -
<br /> .
<br /> ... .. - _",�l _ .
<br /> , .
<br /> .
<br /> .� . ... . .
<br /> � .. �
<br /> . . . � .. � ' " , ' . .
<br /> i „
<br /> 5 .. . _ . . . ' .. �� . . .
<br /> .' !. . � . . . -
<br /> ��'+ . . ' . ' .
<br /> {.
<br /> . . ' � .. . . ..
<br /> • r. '
<br />
|