|
,r�.. . . �
<br /> ,.��,�II�, . . .. , , __�,.
<br /> r .. _ ., ,....,. . . ....
<br /> �/ I.�4.. ' ' . ' " .�. ' �',�� .Y,,. . • .
<br /> r. _
<br /> ,�t� . ... . �l a.: . - . . . ..wi/�NN.LDifYWI�iVFFaw�...� .. . _ . . . . .,..•�..J._ �1Y..��.NOV&�1 • '4�.
<br /> _s .t: �.
<br />.i(n11c1 r.��•r:•: .�!�Mp.�'!F_-'•�71P+uWlIll+iwf..N . .., ' '°-?. ' .- ... �
<br /> ' .. _..,.__ _�. ._... _:f+'�MC..c�.ra��1!�� � 1�4M�ik'I�LOlimlilf'vw�idilY�6Mfbbf� :.'eL a._ ..�..
<br /> ;�
<br />�xr,�'.��:'�'�n'}��''�i . ` � • � �afr.a6/�� '..��`�Y� __-__--
<br /> �
<br /> . Bo7owcr may curo nuch o dc'.�ult nnd re:nalato, n� provlded In paraQrzph 10, by caualnp lho ac51�a or proc�cGnr�to bo '�=���
<br /> • tllen���ed v��lh A n�`::a�th�t, ii I,e;�dcr'o Qaod t�:th dctcrm;aattai,precludc� fo�c'iuro o}tho Boro•rser'o fate,r..t I�i tho F��cac��y or �,��
<br /> ., alhcr ri�tci._1 Irnpc!n:�at mi tha C��c�catcd by thl� Secu�y Inof�uncnt nr lendc7'o occu���Intcr;,�t. t3or�a:vcr ch�'I nizo ha l.�
<br /> �� detauH If Borrowe►,durinp tho Icun appficatton pracese,gave mate�-ia:y tal3e oT l�ucc�ruto I�for.wtlan ar m�tc�acn4o tv LridCP (OY ---
<br /> tsVed tn provide lenda wiih any mataial Intorm�tlon) In conneeUon with the loan ovidencad by ihe Nuta, lnch�dfnp, but not � - " --
<br /> � IimHed to, representatlona concaninp 8onower'e occup�ncy ot the Propxty �� � prfncfpal rosidence, 1! th!� 8acuttry • -.
<br /> lnstrument ta on �IeweehQid, 8orrawar sh�N compiy wiih �H the provtslona o1 the laase. II 0orrower �cqutre� feo tkte to lho , ..
<br /> - , Rtoperty,ths laau�hold�nd ih�fee tkN eh�A not merpf unleaa Lenda apreee to the meraer In wrftlnp. , i. .._,_,'
<br /> � 7.Prot�ctlon of L.�nd�1►'� RlgM1 (n th� P�oputy.If Borrowa hHa to perlortn thi cevet��rstu�nd�Qra�m�r►te � � „
<br /> ' conLncd hn tAt� ::r±:tty (natrum9rft, or thero 1� n l°r-I �nrnceer3�p thnt me� elrn(flc!nity eflert l.endet'e Mghte In the Prooerty f � -
<br /> (euch u�proceadinp h bmlwptcy,proMts, for condernn�Uon or foneNuro or to sntora�s I�wa w r�yut�Uone),then lend�r m�y ( ,:�.,.' •�-
<br /> do �nd p�y far wh�tava i� nacesaary to protect the veiue of the Ro�+ary and Lander'e dphte In the PropaRy. Lmdx's �ctlone I • '•`•; '�'�'-
<br />,� „ msy include paytnp a.ny suma eocured by a Ileri whlch hne pdorHy ove► Ihis Sacurttyr Inetrument, wppear(np In court, pay{np _—__:
<br /> • ' r+xaon�bte �riomeys' tees and mtxinp on the Prop�ty to make repsiro.A1Flhouqh Lender n�y hke ectlon under thie panpnph . • ��
<br /> 7,Lender doa�not hfve to do ao. ��
<br /> -• Any amounts dla6ursed by Lender under p�ragrsph 7 BhnW become additlonsi debl oi Bomower aecurcd by lhi� 5ecurity ��;
<br /> ..�. ;
<br /> ' InsUumcnt. Untsa� Barro:JCr snd lrndrr ngrca to other t� oi psym:yrt, theae eme�nte ah*_M trc*_r ente�rest hom tho d+ite o1 " , � _'+!�-
<br /> disBursement at the Note nte and ehall be payaWe,with Interest, uporo notice 6•om isndx to Borrowa�eque�tinp p�yment. ,.;'�.
<br /> B� Mortg�ga 111sur�ne�. it Lender requ!red mortgaflo Insurance es � condklon of auklnp the iwn secured by thls ` .��"�.�'� —'` --°-
<br /> , �. �.�;�� . _—_
<br /> Security Instrument,BoROw�x shaU pey the promlum3 requlred to malntefn the mortgago lnauran�e In eHett It,(or any reaaon,the
<br /> mortgaga Insurence coveraga requked by Lender lapses ar cessas to be in eHect, Borrowor sh�N p�y the premium�requlresi to �'�'�-�°
<br /> obtaln coYarnge subatantteiy equMalent to the mortgape Insurance prwlousy In aitect, at r cost substantiaMy equN�lent to ihe
<br /> z�=...:'
<br /> coat to Borrowa of the moA�pe Inaurance prevlousy In ettect, from an altemite mortpsfle insura eppro�ed by Lender. 11 �._�.�__
<br /> subatant(aAy equivelant mortgage Inaurence coverage fs nat avafl�ble, 8orrower ah�Y pay to Lender each month a sum equal to .�• _�e��%�Ks,,..
<br /> onedweiRh ot the yearty mortg�ge in,urance promium being pald by dortower when the Insurince coverage kpsed or caaeed to `' �i'-�=�""'�
<br /> be In eftect. Lender wW accept. uae and rotafn these pajRT1EI118 88 p lass reseeve in Neu o1 rt�ortgage Insunnce. loas roseuve :=}=-.n�' �-
<br /> ' paymenta may no longa be requ(red, at tiie option of Lmder, If mortgage insuranca coverage (In the amount and far lhe pe�lod
<br /> tly�t Lender requtrAS) provlded b� en Insurer approved by Londer egain becomes avaliablo end Is obtained. 6orrower Ahdl pay ��'.�_
<br /> the premtums requked to mak►t�ln mortgage Insurence In eftect, or to pravide s lose rosarve, unw the requkanent[or mortpape • 'z��''�°'
<br /> insurance endo In eccordanca wilh any wntten agroement batween Borrower and Lender or epplicabte law. ,1���� _4
<br />-� " 9. Inapectlon.Let�der or lia agent may make reaeonadlo enUies upon and Inspectlona ol the Fr�perty. Lcnder shaY ghre .,i•.; �#A:.
<br /> . BoROwer noUce at tha time o}or pdor to an inspection spaclfying roesaneNle cause for the lnspactlon. �Y�`=—
<br /> 10. Condomndlon.The procaeds of eny eward or r,laim for dertu�goe, dlrect or conaequentlal,In conne�tlon wfth any „� '''�-;�°~�"��
<br /> , " condetnnaUon or othas taking of any paR o}the Property, or tor convoyance In Ileu of condann�Uon, are hereby assigned and � �
<br /> •� . '
<br /> � shail ba pnid to Lender. , •
<br /> In the event o} a total taking of the Property, the proceeds shell be eppiled to the sums secured by thl� Secu►ity '�—'
<br /> InsUumen� whether or not then due,wkh onv excess patd to Borrower. In the event o1 e partlal tnkJng of the PropeRy In whlch � ���_ .��
<br /> the tatr markei vetue ol the Property immedletely before tho teking Is aqual to or grealer than the eraount oi the suma secured ,t ."-
<br /> � by this Secudty Instrumet�t Immediately betore the taking, unless Bortower end Lender otherwlse aflree In wrking, the sums �
<br /> secured by thls Securiry Instrument shaU be reduced by the amow�t of tho proceeds muttiplled by tha t000wing iractlon: (e) the '
<br /> totel amount of the aums aewred Immediatety before tha tak(ng, dNlded by(b)the fair market value o4 the Property Immedistely ;.� �
<br /> bofore the tatdng. My balance ehail ba pafd to Bonower. In the event ot e partlai taWng o1 th�Propnty h whlch the falr rnat{cet ,
<br /> value of tha PropcYly Immedlately betore the taking is less than the amount oi iho sums secured Immedlately betore the taking, ;� � .
<br /> ' unless Borrower end Lmdar otheiwlse agrea In w�iting or unless eppiicable law otherwlse provides, the procoeds shaN be � � i•_�
<br /> applled to the sums secused by thla Securtry I�strument whether or not the aurns ero then due. ���"�
<br /> Ii iho Property la nbandoned by BoROwer, or if, after noUce by Lender to Borrower thet tha condemnor offere to meko an �•
<br /> award or settle e claim for damegea, Borrower tella to respond to Lender withln 30 dayn efter the date the notice Is glven, � ��.'��
<br /> Lmder lo authorhed to co0ect end appy thv praeoeds, ut its opUon, either to restomtlon or repair o1 the Property or to the �
<br /> sums secured by thls 3ecurity Instrument, whelhor or not then due.
<br /> Unless Lender �nd Borrower oSherwlse agtee In w�iting, any applir,aUon of proceeds to pdne(pal shaA not extend or
<br /> � postpone the due date of tho monthly payments referred to in pnragrnphe 1 and 2 or chan4o the amount oi such peymee�ts. "�'`"
<br /> � , l i. Borrower Not Released; Forbearance By L�nder Noi a Walver.Extension of Iha ilmo tor payme�i or . '. "� "�°
<br /> ' moditicaUon of amorliution of th;� sums secured by thls Securlty Instrument granled by Lender to any successor In Interest of � • ,
<br /> " • " Bortower shall not operate to release tho Ilabllity of the oripinal Bortower or Bortower's successors In Interest. Lendor shall not t
<br /> ,. be required to commmce proceedings agalnst any successor In Interest or refuse to extend dme fer payment or otherwise �s�.'��
<br /> modl amortizeUon of the eums secured b this�PCV Instrument b reason of an demnnd made by the odginal Borrower or " '".
<br /> N r �v y y � �.,
<br /> Bortower's successors in Interest. My forbearanco by Lender in exercising any right or remedy ahell not be a walver of or � � ,;
<br /> � � preciude tho exercise o}any dght or remedy. i � � •;; �; �
<br /> 12. Succesaore end Asal�ns Bound; Jolnt and Several Liablltty; Co-si�nere. rhe covenanis and � � � •'
<br /> o-
<br /> agreements o}this Secudty Instrument ehall bind and benefit the successors nnd assigns ot Lender end Borrower, subJect to tho � ,�'' '� +�
<br /> provlslons ot paragraph 17. Borrower's covennnte nnd agrer.ments ahail be jolnt and several. My Bortower who co-signs thls •;'
<br /> • Securiry Instrument 6ut doos not executo tho Noto: (a) is co-s(gning thls Security InsUument onty to mottgago,grant und convey � w
<br /> that �orrower's fntcrttst In tho Proporty under tho tertns of thls Socurity InsWment; (b) is not Reraona0y obligatnd to pay iho . ��.�
<br /> sums securad by this Security Instrument; and (a) agroas thut Lender and nny other Borrower may egreo to extend, modiiy,
<br /> • forbe�r or meko any accommodntlons with regard to th�terms o1 this Securiry Instrument or ihe Noto wlthout that Borrower's �,
<br /> • consont.
<br /> i . 4
<br /> 13. Loan Ch�tg68. II tha lonn secured by thls Sacu�(ty Instrument Is subJect to e In�v which sets maxtmum loan
<br /> • chflrges, and that law Is flnaly Interprcrted so thnt tho Interest or other loan charges collected or to be coRected In connection �6
<br /> - witA tho lonn oxceed tho permmod Itmits, then: (a) uny such loan chnrgo shull bo rcduced by the nmaant necasssry to reduco �
<br /> • � tho chnrgo to tho pertnEtted limft; end (b� any sums alrcady ca�ccted irom Borrower which excecded pertnitted Ilm{ts wlll bo
<br /> reTunded to 8orrower. Lende�may chooso to make thls refund bp rcducing tho pKncipal owed under tho Note or by muking e '
<br /> ' d'rect paynnent to Bonower. If a retund reduces ptinelpal, the reductlon will bo treated as a purtlul prepayment without ctny ,r
<br /> � pn.payment chargo undcr tho Noto. `
<br /> 14. f110t1COe.Any noUce to Borrower providod tar In this SecuNty InsWment shall bo given by delirering it or by mallinq it '?'
<br /> � by first c!asa mail untess npptica6lo Inw requires uso ot nnother metfiod. Th�noUco shall bo d!rected to tho Property Address
<br /> a-_.... .-�--- �v nnv nlhc►n�47ro¢c [innnwnr rluclnnnlna hv nnlla�n fn 1 nn�lar 1nv nntittn }n 1 cnAn► ahmll M �unn hv 1'uof nlnac mnll In . .._ ti_
<br /> -._ .._._._.'"._ _._._.__. �. �.� _�.�. ����� ��..�..� ��_.0.._�_� �I ..���� .� �_..��.. ._.� .._��� .� ��..��. �..� �� 0..�.. �� ...�. �.�� ...�. .� —.
<br /> ; Lender'e nddress etated hereln or any other addrocs Lender deslgnate�by noUcn to Borrower. Any notice provided for In this
<br /> • Secu�ily InsVument shn0 bo dcemed to havo bcen c�Nen to Borrowcr or Lendcr when given ae provided in thls paragrnph.
<br /> r� , 1b. Governing �.aw; SBYA�pblllty. TTis Security Instrume�it shnll bo govcrmed by fede�al law and thc� law ot tho � °
<br /> : jurisdictlon In which the Ptoperty Is located. In iho ovent that ony provislon or clauso oi this Security InsUUment or tho N�to
<br /> � conflicts vrith applica�lo I;►w, such contllct shnll not uttcc!othcr provl�iona of thls Sccurity In�Vumr,nt cr tho Noto�vhlch c„n ba .
<br /> �`, gkon eHect wthout tho confllcting proviston.To this end tho provislons oi thls Securiry Instrurtimt nnd ihe Nota oro dealared to
<br /> • be novcrehle.
<br /> 16. 801Y'OW81''8 COpy.Borrower ehafl bo glven ono conformed copy of tho Noto and oi this Security Instrument.
<br /> ., �,
<br /> „ F7316.1M0(1019�) Pago 3 ot S � _
<br /> _I �
<br /> 93212
<br />
|