|
�� �3;�a�„'�, , . , �,:., .. ,. , .
<br /> .��
<br /> ` ;;: :,85=9'.02'T72
<br /> paymcn;s may no loneer Ix rcqnirM,xt the optian of L.cMcr.if mortgxge in�umnre mverege(in�hc amouc,t nM for ihc period
<br /> tnm (.e.nder rquires}providM by an insurer appmveA by LeMer again berumes avai!abis mid is obtai�. Borrower she11 pxy �
<br /> '`�; [he pr;miums tennired ro rv�inmin rtwrigage irtsurena in effaY,ar to provide e loss�sa�rve,until Ihe requi�ucen[for mo�gage
<br /> insu:ance ends in acwr3anm�vith ar:y wrinen egrsmer,r betwmn Bo+rower vd[,e�,yer or applicable 7aw.
<br /> ��{ 9. InspecNan. Lender er iLa ugcnt mey make remm�abl<enr.irs vpmi enA inspcc[ians of the Prcperty. [,eMer sheli give
<br /> Borrower netice a�ihe time of or pnor ta nn inspec[:on spaifying rmsonable caux for Ne insaaxion.
<br /> ��� 20. Condemn:rtion. The pmceeds of any award or claim for Aamaga, direcl or co�uential, im m�neaioo with wiy
<br /> � condertva;ion nr orher takin3 0[avg pnrt of tlic{'ropeRy, or for mnvtynnce in Iieu of wMemreuon, aro hereby essignul vd
<br /> `�m' a,.nll be pald to Leoden
<br /> In�he trent of e.ioWl taking of thc Propeny,�he proceeds ahall Fc applied m tlm sums saured by tliis&zunro Inswmenq
<br /> eiLe�.:or nat thr.n A��q with ar�y ezcess paid fo Hovower. In the c�ent of a partial �aking of the Poperry� in which 1he fair
<br /> market valuc of[he Propertq iirur+cdiacly be(n:e the taking is eqvti to or grcater than[he amount of Ihe smns secu�by this
<br /> � S�sanrv Ins[mnxnt inunediamiy hefore:he wking, unl�s➢ortower a�n!l.tnder otherni:e sgrce in wri[in„tht sums secut�by
<br /> lLis Sccurity Inscrum^.nt shali be reduced by the amount of the procea!s muftipliW by eha foliowing factiore (a) lhe totai
<br /> � amnun[ of�he .vuma serureA ;nvrmdialciy be(ore the takirg, divided by (F7 �e fair marktt vaiue o(Ihe Pro�zny immaiiately
<br /> ucfrne !ne taking. Any baJancc shail be paitl �o Bortower. ln the even[ nf,: oa*cial tal5ng of lhe Property in which the fuir
<br /> . � e.azkz: vclue uf Ihc Preperty immcdiately befo¢the tel:ir.g is less than Ne amount o(�Is sums seeured ircmx9iately befort�he
<br /> � S .zkir.�. vNCes Ror.ower and/xnJer etherwise aGrro in writing or unless applica6le law o[hernix provides. �he proceeds shall
<br /> . �� '"a b^:po!ied ro tte sun�s se_urcd by thir Sn:urity rnswmen[whether or wt ihe svmx ste�hen due.
<br />�-„�� °- p.. } Horroweq or ii,a(ICr wmtice by!_.nder ro Borzower Ihnl thc condemnor offerx ro make an
<br /> � : If tl�c .�o ^rt° is aSan�mcA bp
<br /> y�i, av+� .c tle a cl in fo da v�es, Borrower feils to respo�W m 4nder within 30 deys xfler 1he date Ne mtice is gi�en.
<br /> ta. <c s au ho�irrd m collea ..nd app'y(M1c proceeds,at its nption, eitlter ro restoration or eepvr ef[he Property or to lhe sums
<br />�� f se. �ecd b_ th's e��, q�I..tnimenL ahc�hee ar not then due. - '
<br />��i.� �I��: �.cedu xnd Bortower nthe... . _gree in writin& :+ny appiiration of proceeds !o primipel shell not ex[rnd or
<br />�;�h# pe tC���e he tlue<!�e of;he monthly p y� [;s referted in in parngnphs 1 .nd 2 00:henpe the amount of«¢h Faymens.
<br /> �9: 1 i. IInrrmv:�r Not Rcicascd: £orbnranre r1r Lender No[a Waiver. ExL-mion of the time for paymenl or modi�ration
<br />'^.�' �'? ofamortim(ion o(�hcsum:secure�by t6is Security InsWmcm gantal hy ItnEr. ro-ny successor in interest nf Borrouxr shall
<br />;� a;[ nr t- �� 'c to rale^se the I ab�liry ef�he originol Horrowcr or Borrower s su<tt:so�s in ink�est. LeiMer shai! ab1 be requi�pd to
<br /> c� _._e pmcmd.nes _ uu:avy.uwcssu:in inmrc t ur rePose m ex[end ti�rs for paymrn[or ntherv+ise mcdliy amortization
<br /> �y :`.. .�� .uras �ecumel by ti»s Secun:y 1vsRament by �<tson of any dcmand ma�le hy the origin:il Borrower ar Horrower's
<br /> �` succcrsnrs ir inreresL Any forc[arvr.ce !y Lendcr in exe¢ising any rigM or remedy shail net E`a �,vaivtt nf or pretlude :he
<br />""�"' � :.se:dsc o;am� riehi ur remcdv.
<br /> `�� �2 ��:ces.u;ix and Assigns Ba^_^�; Jom! an<I Severzl Liability: Co-5ign^rs. Th: :overvmin anC vgrcnmen[s of Ih's
<br /> t���+{, :icc ',. In.tmmenr sha!I b�d und beneft N�s succew�¢ aM usigns af Le`Mer eed 6ortowxr, subjM �o �he provisians of
<br /> a��� pa r a�h . Hcnaxer s cevenants and ag smen[s s6a11 be jomt and severn4 Any Bonnwer wLo co-vig� F:s Seturiry
<br /> � 1n �mn.e t but doe .ro[ execute thc Ko1c. l,a) ia cc signing ihis Security Instrv�*v:nl oniy eo mnngage, gart and mnvey lha�
<br />�v«r.
<br /> ` '� Be� �r ,� n!crest n t.^.e ?rnpenc m;der t�rc lermt of this Secumy 1nslmmenL Ib?i5 no1 personally abligatrd [o pay @e xums
<br /> sec �ed . ,his Secu n � (is�m:nrnt; and�c)aGmes that lendet and nny oth rr Bnrrne+er m:y ugrce to exlend, medif;y,fo�heav or
<br /> a ,v� me.�c avy zcroininndnnons a�th rezoxJ b the!cevs o(ntiis Secnriry Inshue�,�[orthe Nole witSout tha[{SOrrowti s mnsent.
<br /> 'T.,*4A S3 I.onn Ciin�rs. I(�he Iwn sttvmi by this Secur.ty Inshumem is subjecc to a law�vhich sets maiimun;lonn charg:s,
<br />�cd�,.-,� nu tli�t ia�.e is fin�lly m�enre�nl so thnt die in[ertst or other loan elurges mlleetM or ro be mllwtid in eonnectian with ahe
<br />� ta.i e� m �xr: ted , _IS, ihem (u)uny such Ioan charge shali be aducN by the amount naasary to rcduro!he eharge
<br /> a�� m xe �e i ed iii .' .nJ (I1 unY sums already milcetei fmin Bomowv whicb exCecded pertninM limits will tu tttu�ded �o
<br />�:'���,' Borrowco Lendcr muy c4w=c ro make th:s rePond ty rWu.ing the princiosl owcil unGtt Ihe Noie or by making a dirtR
<br />�� puYmem U 13ormwer. I( a �¢Pwd reduces PinciP�l. the reduction miil be trcnlM as a po:tial Prep3yment wirhout any
<br /> prc�aymem chu.�e under tha Nole.
<br /> Id N��i�4� qm no me�n[3nrtn e pro.d d Por in th�s Sccunty]nstm^ent shali Fe given by tlel�Yenng it or b� mailing
<br /> i� t f c . m l v�es. �pplicable Is � �v rc use of vnoUcr mmhod. TTe nonce shxll bc direcled ;o�Se Property A�dreax
<br /> SQ.x.i,�� or � i h- ��rest Ii� c de. g i�ex hy Ya to I.crzdcr Any noVCe m 4-.nAer shnll be grven by frst class mail m
<br />��� Is ad� es.� n �W h.�� �n ih dd _s Lender Jcsig�ahs by notia m 8orroxer Any nol¢e pmv�ded for in this
<br /> 5 Scwr�.y Innn�mcnt shvil hc dcuneA i�ha�c bttn �rven to&�rrox�r or Lcnder when given ns provided in thu paragaph.
<br /> ^1 li f.nverning Law; Severshilirv. This Secudty Instmme�t shall be govemeA by f�eal iuw and Ihe law ol'the
<br /> iurisdin:on in which the Pmperry is lo�ared. In �he evenl (he[any provision or clause o(this$ecurity InsUUmrnt or�he Nott
<br /> ca�Q��s�r:�h appli�ahle Izw, snch mnFlici sSali rot affect other pmvisions of fiis Security insfmmen[or the tinm which cun be
<br /> gii�en eRca without th�mnl7icG::g pmvision. To ehis end the provisio�u o(C�i,Sccurity Inshumm[and the Noee are declared
<br /> to be sevemble_
<br /> �� -y� Ifi. Dorzav,rr'.v Copy. �ormu�er th:+ll begi�en one mnfomud copy�I'u�e No:e and of tliis Sccudty Inehvment.
<br />�'� � sorm3028 9�90
<br /> � >,wa��e
<br /> �
<br /> ���f
<br /> 7p"`-'!
<br /> k���.
<br /> ,2�!�
<br /> Y�vl2
<br />� .
<br /> i
<br /> i rM,Aj
<br />..°�,+.�y .
<br /> u6��•
<br />;�az.sdbt
<br /> � i;;P
<br /> k)..J
<br /> Ftp�.
<br /> �$�
<br /> ���
<br /> 6��:..SR';. . . . .
<br />
|