|
,+� .r.('... �^^� .�.�..��.�Y` ..-.'_ . W1 .� �� ._..__'_'_ ---- •.
<br /> .�*"'L`�I�t��GRl�i.l..:�.. . r - xf'd�l y --_. _'_...._`_ '_.__.. .f-. _...
<br /> 7� � ._ _.._�8�i.. ._".'�. _ _" _ _V•L.l?.�_��15f`�F+TII(t,RG�xyw ancrs[__.l�-_.r
<br /> ..t -� ' _" _ ' '_____' "- ___--'— -- . ---
<br /> _ — --��@Z9fLrner.nirr�z=— — —_
<br />_' ::'Y.:,•-�:�+J-=`: �"y�` M""�-'- �.t.... Y� _ o _-_ _ ' __�._�...
<br /> ..�:�:�'-.__�:.�
<br /> ------ ---- _._._�=-,'�R7�.'�J:A�f'�XdBA�$�ilA4� ----.�.�...���.�--.�.��-
<br /> ___ _ �. ..�..� .�.3..v�_�.�.,,t -- - - -
<br /> -- ; . - ----°�----°
<br /> ...a..:- .m�r�i. y'`�..����a���'fr�.. �,.o�.. �..Y�..... ......._ , ".�� :+`'� . :i:.".I�.�� .':.C.�"�t:PfkM+x___,.�•+.ZFS^ •__•_ _---- -
<br /> r..��.� .: . ., ,yr;y,4�
<br /> . . . , •�•- .-,.� _.
<br /> , . y,. .. . " ,. . .• „ ,.�h ' `A'�y'...�.'
<br /> .. " ' '
<br /> ---- �,_...... .. . . ,_. ... . .. -..�� °-°-------- ---. ...--- -
<br /> - �.a.%�nu'.���+.:.�h'.o:,�= ---�'--^'�"•'=------- --__..._.__ 1.-_
<br /> L .' ' YG:�� ,9� �,�3�� °�A
<br /> ,�;L.,�:r,,..,,�Y-r� �
<br /> _ - �,,�_ � .
<br />-�r,=:��,'-�°�. . �„�
<br /> :..��c!���:.;,..�.�
<br /> payments may no longer be requirecl. at the option of Lender. if morigage intiurance cavcrnge(in the nnwunt and ic�r�{ie periaJ �"°
<br /> v ;=?r.,�''�'', y PP Y s ---
<br /> �; ,.,,.,:.. ._... timt Lendcr requires)provided b an insurc�a roved b L�:nder a ain F�ecomes uv�dlc�ble und Is obtnincd.Borrower sP�a pay
<br /> ?•. ',a'°'�`�"� `" °' tl:e premiums required co maintain monguge iutiurnnc�in cffcct,ur to pravidc a loss rescrve, ontil the reyuirement for mortguge !ae�=::
<br />`i z -�---=F insurance ends in accordance�vith nny written ngreement between Rorrower anJ I,ender or applicuble Inw.
<br /> „ :-__��, 9. Inspectian. Lcnder or its�gent may makc rcaso��able entrics upon and inspcctions of the Propeny. Lcndcr shaU give _--
<br /> .�.,�,-��. Borrower notice at the time of or prior to an inspectian spccid'ying reasonable cause f�ir the ins�ction.
<br /> -""''�`"�"` �' 10. Ca:.�e.�►rati�n.:hc proceeds of any nv:srd nr claim for damages, direct or cnnscquential, in conncctian with any �_ __.
<br /> _<�,>•.: .. ---
<br /> -��"'��•-�'�::�'�+'�� candemnation or otlicr taking of any p.�c�t of the Property,or for convcyartcc in licu of candcnmutian.arc hcrcby atisigncd and _-
<br />°��:A�=r.",'�.::��:, shall be paid to Lender. = --
<br />'����"'r�`"`' � In the event of a total taking of the Property,the precceds shall 6e applied ta the sums sccured by this Security lnstrument, �
<br /> �.��;�.-�: , :
<br />''; r ,,. f . � �vhether or not then due,with any excess paid to Borrower. In the event of a partial taking oF the Property in which the f.�sir �
<br />•��*����.� '�� � �� markct value of the Property immcdiately before thr taking is eyual to or fireater than the umount of thc sums securcd by this _
<br /> ��..._��.�i,�•• �• Securiry Instr��ment immediately before the takin�,unless Borrower and l.ender othenvisc agrce io writinb,the sums sccured by c;�..�
<br /> ='=4i':�.-a�� '�.� this Security Instniment shall be reduced by the amaunt of the procecds multiplied by the following fraction: (a) thc total r..
<br /> - �`' :: }`.' amount of the sums secured immediatcly before the taking, divideci by (b) the fair market value of the Property immediutely �,._
<br /> ���':�t ', '•f�;;,: before the tnking. Any balance shall be paid to Borrower. Tn the event ot'a partial talcinb of the Pruperty in +vhich the fair � --
<br />- ,',:: (.:�"���r�II� � irf=.
<br /> �;;,�� market value of the Pro ert immedia.el before the taking is Iess than the amount of the sums secured immeciiately before the ��=
<br />-`�����'��__ ' P Y Y • .."-.
<br /> .°''�r�, _�;=._] tuking, unless Horrower and Lender othenvise ugree in w�iliub��� wilcss a{�ptica�l4 taw• athc:�..sc prov9des, tlie pre�ceeds sh�! �,�_,
<br /> �,•� ��. be appliecl w the sunis saured by this Security Instrumeul wl�ctiic,�r:��t the�:sm�are then Lee. _-
<br /> � ,,, ;. If the P�nperty is abarcdoned by Borrowc:r,or if, after notice by Lender to Borrower that the condemnor offcrs to make ttn � �_.
<br /> '�� �r;r' ' award or settle a claim for damages, Barrower fails to respond to Lender within 30 days after the date the notice is given, `
<br /> , ,_-� Lender is uu�horieed to rnllect and apply the��oceeds,ut its option,cither t�restoration or repair of the Fmperty��r ta th��sums
<br /> �:��=
<br /> ��.�o-.. secured by this 5ecuri[y lnstrun�cnt, wlicQ�e�ur nol il�eu Juc.
<br /> ° Y;.� Unless l.ender and Horrower otherwise aFrec in writing, any applic:ition of proceeds t� principal shall not extend or �.`'•�-�
<br />,;i:;'�; , postpone the duc date of the monthly payments rcferred to in paragraphs I and 2 or change the amount of such paymenGS. �_�r=
<br /> 11.Rorrower Not Released; Forbearnnce By I.ender Not a Waieer. Extension of the tin�e for paymcnt or modiftcation �.�_
<br /> ° • ^ `�'��`�: of amorti7ati�n of the sums secured by this Securiry Instrumens granted by i.ender co any+u►:cr�aor i��i�iic�est at�arr�•�cr s4�a!! 6`'
<br /> .,.;:r�
<br /> ,,��" not aperate ta release thc liabiliry of the original Borrowcr or Borrower's succcssors in intcrest. L.endcr shall not bc reyuired to ��__
<br /> � •, commence proceedings against any successor in interest or refuse to extend time for payment or othenvise modify amortilatien �`�
<br /> :�c . of the sums secured by this Security Instrument by rc�;�son of any demand made by the original Borrower or Bonower's ,
<br /> �.'�:
<br />`':,;, . ' ` successors in interest. Any forbearance by Lender in exercising any right or remeciy shall not be a ivaiver af or preclude the -- _
<br /> ' exercise of any right or remedy. '�`"
<br /> • �": ^ 12.Siaccassors and Asslgns Bound;Joint and Several Liability; Co-sl�ners. The covenants und ugreements of this
<br />- � ' � Security [nstcument shall bind and benefit the successors and assigns of Lender and Borrower, subj.:ct to the provisions of ,'?`�
<br /> `�""` ' ';, "� ' paragraph 17. Sorrower's covenants and agreements shaU be joint and several. Any Borrower who co-signs this Securiry � �
<br /> h'.S
<br /> • Instrument but does not executc thc Note: (a) iti�o-signing this Sccurity Instrument only to mortgage, grant and convcy that ,r��,=-
<br /> ^ � � Borrawcr's interest in thc Properry undcj�the tcrms of this Security Instrument: (b)is not personally obligated to pay the sums :��t� ;
<br /> ., . „ � . .
<br />=�,�w��°^�� •�� �*, • secured by this Security lnstrument; and(c)agrees that l..cnder and any othcr Borrower may agree to extend, modify. forbear or
<br />'°'� • � 'k. ' make any accommodatian� with rcgard to the tenns of th is Security In+trument or thc Notc withuut that Borcower's ronsent. ' .�
<br /> -""`'`":'"-'a`"` 13.Loan Char�es. If the loan secured by this 5ecurity Instrument is subject to 3 law which scts maximum loan charges, _.
<br /> '� '�..>'> . :.��� and that law is finaUy interpreted so that the interest or other loan�.harges �ollected or to be rollected in eonnection with the
<br />''s`;��,'�' loun exeeed the permitted limits,then: (al any such loun charge shall be reciuceci by the amount neeessary to re�iuce the ehxrge
<br /> ,, ., . ,,.
<br /> .,.:,;:. to the permitted limit;and (b) �my sums ulreaJy a�IlectcJ from Borrower which exececied permitted lirnits will be refunded to
<br /> .: `''-��" Bottowcr. Lcndcr may chootie to make this rcfund by reducing the principal owed undcr the Ni�te or by making a direct
<br />,�v,.
<br /> •.; _ payment to Borrower. if a refund reduccs principal, the rcduction will bc treated 85 a partial prepayment without any
<br />•t�•�� ' �, prr.paymcnt chargc undcr thc Notc. ,;
<br />�_.�-.Jlt .
<br /> . '; 14.Notices.Any notice tu Aorrower providui fvr in thi� Security Instrument shall hc given by Jeliverin�it or by mailing �,�
<br />� :1,��.�:• it by�rst class mail unless applicablc law rcyuires usc of'another mcthod. Thc noticc shall bc directcd to the Property Address
<br /> • or any other address Borrower designates by notice to L.ender. Any notice to LenJer shall be given by tirst clatis mail to
<br /> . - [.enJer's address stated herein or any other address Lcnder designates by notice to Bottower. Any iwtice provided f"or in this
<br /> ' • Sccurity Instrumcnt�;hall be deemed to havc bcen given ta Borrower or Lcnder whcn givcn as provided in this parugraph.
<br />•�'� '"�ri I5.Govcrning Lmv; Severability. This Sccurity Instrument shall be guvcrneJ by fuicral law and thc law uf the
<br /> - ' �� jurisdiction in which the Pmperty is locatcd. In the event that any provision or clausc af this 3ecurity Instrument ur the Note
<br /> conflicts�vith applicable law, such conflict sh:tll not affect other provisions of this Security Instrument or thc Note which can be
<br /> �� � � given effect without the conilicting provision. To this end the provisions vf this Security Instrument anJ the Natc are declareci
<br /> ` to be severablc.
<br /> 16.aorroavcr's Co}�y.Borrowcr shull bc given onr confi�rmcd copy of thc Notc und of this Sccuriey Instrumcnt.
<br /> n
<br />_ •• Form 3028 9/90
<br /> „ ..�
<br />- , � Vaqo 4 0�0
<br />. ... . . � . ...
<br /> .._. . ______ I __
<br />_.: ' ;.. . .. ., .. ., '. •_ . . _ .
<br /> � �� -- . , " - . ,
<br />,_ . .
<br /> � �
<br /> _ � .
<br /> E� � - ' ��- � ,
<br />
|