|
^-�w ' . ; , _
<br /> _- - � -
<br /> � .>.�� � • -- ..,,_, _.-_-,-.: . . _..
<br /> r� . ... �.�-....+,, � /�,, �_.._.J�
<br /> ' �.t- . � . . . . ' ' .. .. .�'. ' ' .if.yIJ.:I..+C'�< . _
<br /> r. .
<br /> � � .,,� _
<br /> (y ... ... . ' .. .... .w.�.dY —' __- — __ _` _ .
<br /> � . �,n
<br /> �,,,,�;� �'��,,,��. , . . , - _
<br /> ,,y ._, . .. . ,, , � • Ilc� -
<br /> �. . .�. _ _ . ...
<br /> ��
<br /> ,,,
<br /> w.. � . .,.. •� �r��' - - _ _----
<br /> • •.... .. ... .. 1 _.'!�.:I.�AN �,�,�R�ny�w
<br /> . ...,.�.1 . - - ��� P.����,��� ..
<br />, m�.. - �� __
<br /> -- --�--
<br /> , _ _ _._ _._.._�_
<br />_�.�_RL.�.Y ... ,� • ���� ����r./�M �-�-_..
<br />—•;``•�.,...�.,� -"` � , tii�li4t�mU�.�lly cqi�lvnit�nt ntnrl��ul;c intiura�.ncc cuvcrix�;c!v nnt t�vnHal►Ic. Nnrro��•cr tiltall r,�y tu I.cndcr c.ich�nontli r�nuin e��u�d to _�a-=---
<br /> nnc•t�c�clFlh�rf thcyrarly nwi��!u,r,c.loi?ur�mcc�ircn�ium hcin!!pafd hy(9nrr�itccr �vitcn t�ic in�urimcc c�wcr�i;cc lup�cd ur rca�:cal to �`",-w=-±—� �-_
<br /> t�s In cOrdl. Ic•mlcr�vlll acrt�pt,m.c ut�d ret,du thc�_cp;�ymriitr,�i�; �i 1u��5 rc�,crvc in licu uf' ntoiry�tigc luru���incc. I.��.rs rFt��:rvc ��,'.•"` �--;:�'.�^
<br /> , �•r,ryn�s�mti nmy nu lun�tcr bc r�•�ul��+1. n� Uii��pilun ul I.�ndcr, if mnn��nm• inau►;uu•c d•uv�°ru�!�r Un �li�iuuuuul nnil fair dtr.��ei�i�nl .. ...
<br /> �ha1 Y�:mfcr i�yulrr�,J pr��vli!r��I►y an In�iva�r �ip�a�cn•eil Ny I,cndcr�i�!uin ti�:�•um�r avi�ilni�lc wid L, obt��incd. Nnrro�vcr sb�dl pay . . --
<br /> . , Ihe���rm��aniti rcyulrcd�u mulnt�dn uani�m;;c i��rur��ncc in cffCCt,or�o prnvidc n lu�,�resrrvc. untll I{ic rcyuiremcnt for mnrt�a�c ___ _ -- -- `_'_
<br /> ItlsUI'i111fC ltltlti IIl I,rc��rduncc�vph any�vrlltcn ugree�mcnt bchvet:n 13nrrotvcr imd I.enQcrur nppliruble linv. _-__- -_-
<br /> � , • 9, lns�xcilun. I.�nder or its nt�ent uui� in;ik4 rc.isonuble entrfes upon and inspcctiuns of Ihe 1'mperty. Lendcr shnU give
<br /> Burruu•cr no�icc nt�hc Ilmc uf or pri��r tc�nn uitipcctinn spccifyiug rcasonahlc ciiusc fnr thc Inspcction. ---------
<br />_ 10, Condeynnc�4la�. '1'he proccedr ut'nny tiwnrd or clnim firr Jamayes, direa or consequentinl, in cannectinn with any
<br /> . condenmutlon or otl�ee tukinF of tmy pnrt nf tlie Praperty, or for conveytmce in lieu of condemnation, are hereby assigned and -��--
<br /> ,hnll hcpnid tu I.cndar. ��=""`�- __ :_
<br /> In the event nf u totid tuking af tiic Praperty,the proceeds shu�l be uppliecl to the snms secured by this Security Inssrument,
<br /> whethcr ur�wt thcn duc, with uny ex�c�.c puid m Bnirowcr. In the evcnt of u partial tuking of thc Propeny in which thc fair —
<br /> . mnrkct valuc of the Prnperty immcdiiitely bcfore thc takinE is cqual to or grcatcr than the amnunt of tho sums secured by tliis =�•-
<br /> Sccuciry Instrument irnmcdiutely bcforc the taking, unless Barrower nnd Lcnder othcrwise agree in writing, the sums sec:urcd by
<br /> this Security Instrutnent shull be reduced by the amount of the proceeds multiplieci by the follnwing fraction: (a) the total -_-�
<br />- umount of thc sums tiecured irnmediatcly bcforc tFee tulcing, divided by (b) the fair rnarket value of the Pro�erty immcdiutcly -
<br /> before the talcing. Any bal:�nce shall be paid to Sorrower. In the event of a partial taking of the Pr�perty in which the fair -- � -
<br /> • market vnluc of the Property immediately before thc tukin� is Iess than the mnount of the sums securcci immcdiately before the
<br /> takin�,unEcss Borrower and Lender otherwise agrec in writing or unless applicablc law otherwise provides, the procccds shal! -- --
<br /> be applicd to the sums sccurcd by this Security Instnment whether or not the sums are thcn due. —__
<br /> If th� Property is nbandoned by Borrowcr, or if,after notice by Lender to Borrower that the condemnor offcrs to make an —
<br /> award or sctde u claim for dama,r,es. Borrower fails to respond to Lcnder within 30 days after the date the noticc is given,
<br /> Lender is authorized to collect and appl�• the proceeds,at its option, either to restoration or repair of the Propeny or to the sums
<br /> securt:d by this Security inst�ument, whether or not then due.
<br /> ` Unless Lender and Bonower othcnti•ise agree in writing, ;�ny appliculiun of proceeds to principal shall rtot extend or `
<br /> postpone the due date of the manthly payments referred to in paragraphs I and 2 or change the amount of such payme��ts. -.-_
<br /> l l.Borrower Not Releused; Forhenrance By[.ender Not n Waiver. Extension of the time for payment or modification
<br /> of amonization of the sums secured by this Securiry lnstrument granted by Lender to any successor in interest of Borrower shali ��:�*.�` -
<br /> , . •� not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be required to !�.`„�-
<br /> eommence proceedings�gainst any successar in interest or refuse to extend time for payment or otherwise modi amortixation +�.,;,,�=--_---
<br /> �' �' ,��__.
<br /> � of the sums securcd by this Sccurity Instrumen[ by reason of'any demand made by thc original Borrower or Borrower's "'==P---�7°�""�='=`�
<br /> successor� in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the ='-----
<br /> � � excrciseof any right or remedy. ;��_�:�.-------.-
<br /> 12. Succes.4ors and Assigns Bountl; Jni�t and Several Lfabllity; Co-signers. The covenants und ag�cements of this `��;,�_:`-�-- -
<br /> Security[nstrument shall bind and benefit the surcessors and assigns of L.ender anci Borrower, subject to the provisions of �tt,.'' .
<br /> paragraph 17. Borrower's covenants and agreemenls shnll be joint and several. Any �orrower who co-signs this Security ' � . -=!<
<br /> Instrument but does not execute the Note: (a) is co-signing this Security Instrumern only to mortgage,grant and convey thut ' : �;:::;_�`
<br /> —_--__-___,___:;,_, R�,.r:�:y�.•`; ��:���:�:�� ,i t �iaf,:.i.j% ui�u4r iric iciiiia vi ii,i,Sncuriiy Inairument: lp) is no[ personnlly obligated to pay the surns �-�°�'�'
<br /> secured by this Security Instrumcnt:und(c)��rees that Lendcr and any other Borrowcr may agrce to cxtend, modify, forbear ar ''� -.
<br /> make any accom►nodations with rcgard to the terms o(thi�Securiry Instrument or the Note without that Borrower's ronsent. �`�=
<br /> 13.Loan Char�es. If the loan sccured by this 5ccurity Instrument is subject to u law which scts maximum loan charges.
<br /> and that law is rnally interpreted so that �he interest or other luan charges collectcd i�r to be collecteel in connection with the --
<br /> loan exeeed the permitted limits, then: (a)any such toan charge shall be reduced by�he antount necessary to reduce the charge � � ""
<br /> to the permitted limit; and (b)any tiums already c��llected from Borrawer which exreedeJ perrnitted limitr will he refunded to �• � �'
<br /> ' '' D�rrower. Lender may choose to makc this refunci hy redurin€ dte principal �iw�d un�cr the Nate ur by making u dircct t��
<br /> • paymcnt t� Borrrnvcr. If a rcfund reduccti principal, thc rcJuction ►vill Bc trcutcd ;�s a partiul prcpaymcnt without any ^;t'' •
<br /> prepayment rharge undcr thc Notc.
<br /> 14,Noticcw. Any noticc to Biirrowcr providcYl for in this Security Instrumcnt tih11)hc given by dclivcring it nr by mailinF :W�'
<br /> . it by f�n�class muil unlcss upplirabl� law requires usc uf another methud. 'fhc nuticc�h;dl lx�directcd to thc Prc�perty Address . '��
<br /> ar an y oihcr address Borrowcr dcsi gnatcs h y n u i i c c i o L�:n d c r. A n y n u t i c c t o Le i de r s h;i U hc gi��cn hy t int c lass mai l to "'
<br /> Lender'suddress titated herein or any ather addresti I.cndcr designatcr by noticc ta &�rrnwcr. Any noticc provided for in this � � �;,.-'-"- --
<br /> Sec.urity Instrumcnt shall bc decmcd tc�havc hcen givcn t�i IIorrowcr or l.c:ndcr��•hen givcn uz prc+vidcd in�his par;�graph. . �' � �.�
<br /> I5.Governing I.Atv; Severubility. This Sccuriry Instrununt shull bc gov�mcd by 1'uicral law and thc law uf' thc � ��� "-
<br /> jurisdiction in�vhich the Property is lorutai. In the event thut any pravisiem or clau+c of this Scrurity Instrumcnt ur the Note + �"
<br /> conflicts with applicable law, suc h conflict shall nut affect uthcr prnvisions of this Security Instrument or the Note which can bc �>-�-'
<br /> . given effect without the conflicting provitiion. To ihi,end thc prewisions of thiti Scrurity Instrumrnt an�i the Nute are declared � � {; .i� i�
<br /> to be sevcrable. „ ;�
<br /> l6.Itorroti�•er's Copy.Borruwer shall be givcn one ronformcd rupy uf thc N�itc and��f thi.Srcurity Instrument. I ` ' � '
<br /> 17.Transfer uf tiie Property� or u Bcneficial intcrest iit Borro«•er. h'all ur any part �if the Propen�-ur any intcrctit in it " 4
<br /> , is sold ortransfcrn�d(or if'a benctirial interest in Borrowcr is ,uld nr tran,frrrcd and f3urrc�wcr iti ncn a natural person)withuut � •t�,, `����-"
<br /> t, Lender's prior wripen consent, I.�ndrr may, at iiti option, reyuirc immediate paymrnt in f'ull uf:dl sumti �ecured by thi� ' ` .�'
<br />= Serurity Insuvment.Huweticr, thiy uption ,hull nui l�ccxercitied by Lcnder if exrrrix�is prc�hihitcJ h}�fedcral law as af thc datr '~ "
<br />- of this Sccurity Instrumen[. ' ;;� ,
<br /> If Lender exercises this opeion, L.rnder tihall give Bc�rrower nutice uf arrelerstion. Thr nutire�hall pr��vidr a perieid eif nut !y �
<br /> Icss than 30 days from the dutc dtc notirc iti dcli�•crni cir mailc.�i within whirh Burrow�r mutit pay aU wms tircurcd h�• thi� "' �
<br /> Security Instrumcnt.If Borrawer fails to pay thesc sunis prior to the expiration of ihi�period. L,enJcr ntay invoke any rrmcdir.s i
<br /> � permittedby ihis Security Imtrumcnt withuut furthcr nntice or demand on Borro�vcr. � '
<br /> IS. Borrower's Rfght to Reinstate. lf Borrower mects ccrtain ronditions, Borru�vcr .hall h.iv� thr right to havc �
<br /> �, �
<br /> enforcement of this Security lustrument disrontinuec.i at any time prior to the e3rlier ci(: (a)5 days(ot'surh uther pe�iod aa � � -
<br /> � applicablc law may ,perity for rcinstatemcnt) befnre s;►Ie of thc Property punuant ta any powcr nt' ,:dc rontaincd in this
<br /> Sccurity Inrtrumcnt:ur (b)rntry nf a jud�,nunt cnforcing this Sccurity In>trumrnt. 1'hox m�ditiunti;ire that f3cirr��ucr: IaJ pa�, ' '
<br /> Lender all sums �vhich thcn would bc duc undcr this Sccarity histrumcnt snd thr Nuic as if nc� arrclrration haJ urrurrcd; �h) ";j
<br /> , �ures any defauR of any other cuvenants ar:tgreements; (r) pays all rxpenseti ieicurnd in ��nli�ning ihis Srrurit}• Intitrumrnt. �j _
<br /> . including,but nut limitcd to. re.is��nablc aaurncy,'fuc�: and ld) takrti wrh artion a,Lendrr may rc:�,unabl�• rcyuirr m a,.urr �
<br /> that thc licn of thiti S�rurity Instrumcnt. Lendrr'x righis in thc Property unJ B�ttrc�wcr'.�,hlfEation tc,p,iy ihr wm�,��:urcd h}� ' 'd !
<br /> this Sccurity In�trumcnt �hall rontinuc unchangcd_ Upun rcintitatcmrnt hv Borruwcr, thiti ticrurit}� In,trumcnt and th� � '
<br /> ^ obli�;ations�ccureci hereby sh�ll remain fully effectir�;i. il no acceler,utun had orcurmd.Ho��•r���r. �hi. r���he �„ Y.•��,.�•.�...�,..n ti �
<br /> � ._......_._ ........
<br /> =-- --_ ` nui .�ppiy in �ne case ni accei�rauon under para�raph I 7. � —'^
<br /> 19. Si�le nf Note; Chan�c of Loan 5ervicer. Thc N��tc ��r a parti.il interest in thr Notr (togcthcr �vir,� thi� Scrurity '�
<br /> � . ° Inrtrumenq may bc suld onc or mon timcs without prior ncriire tu Bormwcr. A+alc may result in a rhan�c in the entiq��I�no«n . �
<br /> as thc"Loan Scrvircr") that ��ollccts monthl}•paymcntsduc undcr thc Natr and this S�curiry Irotrum�nt. Thcrr altia may br��nc '
<br /> or morc changcs of'thc Loan Scn•iccr unrcla�cd to a.alc of thc Nc�tc. If thcrr iti a ch.mgr ul'thc Luan 5crviccr. Burrnwcr��•ill hr �
<br /> ,,,: given writien nulice of the change in accurrlan�c with para�r,iph 14 aNavr and applirable la��•. Thc ncitice�vill .rtate ihe nante and ' �
<br /> e � udJress of the nr�v Luan Servicrr anJ the aJJretiti to ��hirh payntents ,hi�ulJ he m,idc. Tl�r nutice ��fll :tlw cuntain any �nher '
<br /> . t � infnrniation rcyuind by applicablc law. ,
<br /> 2U. N��ardous tiu6st:�nct..�. Burrowcr tihall noi rausc ��r p�rrnit ihr prc,�n�r, u�c.�ii,pu.al. ,t�magc, ur rclra�c uf am�
<br /> � Haz:rdouti Substancus vn nr in thc Prapcny. Borro�ti�r sh:�ll nut du. nor allow am�inc rlx to dn. an��thinF affcctuiE thc j
<br /> Propeny that ir in viul�tion �,f uny Em-ironmental L:t�v. The prcrcJing t��n .enicnrcti.hal{ nut :�ppl}•t�� tlic prcxncr. uu. ur !
<br /> ; � storagc cin thc Propeny uf timall yuantitir. uf H:.irarduus Suhst:mre. that arc gencrall� rca��nit�_d li7 hc apprupriatr tu n�,nnal I
<br /> residcntial uscs and to maintenancc of thc Propitty. �
<br /> rsRC a oi a • Form 3028 9�90 I
<br /> ' .� � � ..
<br /> _ ...._,. _ .. .
<br /> .. ._ . ... .. . •• _ � -- - '�'-- - --- J �_.._
<br />
|