. .
<br /> . . ,
<br /> __ _ ;:.�. i:..,=���a;..�:,��--�--- --------- — _- — -- —
<br /> ----- — ----- _. --- _
<br /> —. . :_ --- � 4-- .- , ---- --- --- • . : -. -- --.. --.--:-- -
<br /> . .' . . , . '; ' , : : � . �� � �+�3_��-1Q�'►� � ..
<br /> . �iayzne�its xt�y ao lor{ear b�rcqnit�0..4t the o�rion�f E�er,6f mo#t8ag,e insnr,u�e coverage(in ttte emt�uat sincF for �risr!� , .
<br /> triat LeuBpr.requires)pmvidcd by aai Insurer appruve�i.by Lender.qg�n�coomes unailable uurf is abtainec}.Earrdwer shall pay� '
<br /> � the premfucns rea�ui�d ca maintai�a mortgage insur.u�e ia effect,or to prmid�e a tQSS r�ve.wuil tt:g r�.+irement fc�r ts�artglge
<br /> �ur^�e�ds in accar8anae with an�r writte�Agreecne�rt E�etween Bairower�d Lendes arr applirabte 1aw.' - �
<br /> ' � ' 9�spectfon.I.�ndeF or its��nt r.uy m�lce r�°ouable ent�ecs upon�uc4 insp�song af the Pmgerty: Leiuler shai�giv�
<br />_. .._Bc�zm�rer�_a3 tfice tim�of ur prior to.�s.i�pec�ion_sgecifying reasonahle cuase t'or the inspactio�., � � .
<br /> . . I0.�ndemna#3Qn. 'llie pmcseds qf uny �ward ar�cfaica�'or.�amages.rlirect or cans�queuu�-in canne�tian a+idi�r3ny -- ;—
<br /> _ _ P � ' ar oi�a i.�ing.nf any.part of the�rogerry,or fna s�veyauce ia lien of co*tdemnation..are hereby assi�d anst
<br /> shall be paid to Le�ider. • . . � .
<br /> ' . C�c�e eveai of a cota!m➢un�of the Fmgerty,the pmc�ecds sha11 be�.pplied to tIie sums sec�tea by this 3�curiry tnsenmleat, , .
<br /> '� w�r oi not tl�due.�wtth�ny,exce,cg�d so BaamR-�r. Iu�e evgnt of a P� �8 af the I'rope�ty in wd�ich the fair.
<br /> matket vadue of the Prcipestyr immediately.befoca the ta�ing is egual to or greaLet ttmn the emounr of the sums seeuied by tItis
<br />. ' Setviiry.tnsmuneat immediateiy befoTe the talcing,unless Boirowes and�r athelwi�agree in writing>the sums secazed by
<br /> dais Securi:y IBStt�m�nE shaU be rpdac�by fhe amoua�oY the pro� multiplied Dy the foUow�ing f�action: (a)ttte'mral
<br /> ' �ommt of tbe smns sa,zued�nmeQiately 6efare the talcing,divided by�N)the fau marlcat value of the Praperty 'rauuediatelY
<br /> befate the taking. Aay'hala�oe shall be gaid ta Earrow�r.Fu•thz event of a partiai�aldn�of the Froperty in nr6icb the fair
<br /> market v�iue of the I��rty imrnc�iatefy befare the taking is iess tban ttie amoimt of the sums sec�nd imrr�diately befarE t6e '
<br /> ta�;wg.unless$omawer and Leades otkt�xwise agree in wiiting or un!ess ap�licable law oth�ra+ise provides,tfle pr+aceeds st�all
<br /> be appiied w the sums se�red Dy tiris S�curity tr�rm,�,t�i+hether or not the sums are then due. � _
<br /> '. If ti�Psagerty is shaadoned.by Borrawcr.a�if.after notice 6y.�.ender tu Boaower that tbe�conderru'�or offeas to maYe aa .
<br /> , award or. settle a ctaim for d�msges,B�orrow�r faits to r�spor�d to L�nder ruithi�34 days after the date the ao�ce is giveat, , . '
<br /> t.�nder is authRrized 4o bo1►I�Ct r�l agpty the prar�ds.at_�ts aptlon.either ta resw:aririon or repair c►f tl�e Propeity.or to the staIISs
<br /> se�c�ed bj,r d�iss S�urifiy tn�_m�,�_vvHether or rmt ahe��rse. ' • ' ' '
<br /> EJntess�nder and Barrower otherwise�agree in�, �aPPlicatibn of proa:eds to principal s6a11 t�t extead or. • :
<br /> pastpane the.cfue date af the�bat�ilY Paynaeais teferned to ia paiag�s t aad 2 os change the a�ount nf such�ts:� . '
<br /> • il.Barrawer No!Rdeased;�ort�earaace By LwxBes Nat�Wai�:Fxtc�osion o�the timt for pay�ent err mo6iSc�ticm .
<br /> 'er�amiortiz�tioa of the stm�,��aued�}r this 5ecu�ity in..��ent grant�d by fi.ender tn any�or in nuerestt af 1'aonawer s� ,
<br /> , �� acitoperate to teiease the iiabi}Ity of the original Batrow�ar Bo:rowet's successars in i��Lender sl�a}I nnt bz roquired to � ,
<br /> ctimmes�oe pmc�dings against nny suce�ssor in tnterest or rafuse ta ext�rl time for gayment or athetaisz�ify amorti�io�: . '
<br /> q�t�e q3ms�ecm�ed•by this 5acurity Ystsm►mens hy ceasan of a�r. dr�a.nd made by t6e ori�l Borrowsr•or Bo�rowes°s � :
<br /> . '�c�gsso�h:in im�est. Any forbeara�a:bg Lender in e�ig atry.rigfit or rem�y shall not be a waiver of or�rec1�ttte � .
<br />• +i��ise�of any ri,ght or remedy. ' •. . � �;:'';:�; . ' ' • ; :
<br /> � .::��I�. Sa�nrs and Assigns Bound:JoTnt �nd�i�i Li�dity+;Co�s��ee�• T�e cav�nants and a�a�-�..�:.eeatg af t�is, .''
<br /> '- . S�:tiry I�ssm'r�ent shall bind affd be�fit the sucoessars aa�1•.assi�.of Lender and Borcuwer, s�hje�t to th��*ovIsion�eiY:,' ,
<br /> . p�,�� t�. .�3orrowcr:s coveianLS and agttiemeata sh�ll be joi� ane!several. Any Bomsarer ahn oQ-vi�this Sc�;;;cii:�c' . •. .
<br /> .• E�ent but dae�not eaecate the Note:(a}as co-si,�g this Securit�Instrument only to mortgage. grais�lt�Goawey,�t; �
<br /> " ,. i�iower's iuterest in the Praperty nnder the terms of t�:�Secun"ty'instrumcm:(b)is not pe�onally obligatc�;#�n:�y the stims
<br /> sec�u�d by t}�is Socurity Iastwneru:and(c)agrees that�:�td�r and any other Borcawer may ager,to extend,.�di��y,forbear or .
<br /> make any aocasnui�adatians aith regard to tt�tcrms of tlus Se�rity Tnstrunacnt or thc Note withont��at Hornrwer's coc�sen� '� ,
<br /> � . 13.Lann C1�arg�.Yf the loan secarJ3(ry this 3�trify Tnstrument.is subjcct to a law whid'c�s��eimgm loaz►eharges. .
<br /> � and that law is t'enally inteipnted so th�t tf�e inier�t�or ottter toan char�es caliectad.or tu be collated in oarai�ction with tha
<br /> . loaq exoeed the p�rmittsd limit�:then:(a)aay suc�r io�s-�cl�arge sha416e re�uceA 6�,�1iY}t umounc neoessary to rduoe the charge • .
<br /> W ihe penmitta!limit;and(b)any s�ms already cqi"`�i'.from Borrqwer which'.�~u�td permitted 11mits wiU Ix nfirflded to
<br /> �omawer_ Le�maY choose to make this �fu�d iay rcdocing the principal��:��'d undes the IVoto or by maidng a� '.d.�t.•
<br /> � paYment to L�'�;iiowet. If a refund redur,r�;,principal, the reQucfcqnt�tu�ll b� ��ted as a partial.prcpayrnttit wtthak'C;u�,� ' .
<br /> . . prepayme�ut ch�rge under the Note. �,!,.'�;;?�. . : • ,;`.��. . � � ; . ., . � .
<br /> " '�' 14.N'oticeS.An�r natice to Bmrrowet pYOVide�far i(��s Secuxity Instr�t al�r'r..11 6e given by delivering iti i.'�t.by mailirig� �
<br /> . �. it�r�y�i�st class rimil uNess.a�plicabie law re�aires u�'�s1:�actother meWod.T6e r���shall�bt directod to the Fivi��ecty�Address .
<br /> . " ur.az►y ot.het address Borrower designates by notice to Lender. Any natiCe tq [.ender shal! he given by titsi ctass maii fa
<br /> Gcndcrts address st2ted herein or any other address Lcnder designatq by nutice to Borraw•er. An�y aof[ce.provided for in:t�s
<br /> Security.Instn�m:nt shall be dcenred to ha�te bcen given to Bonawer or�.ender v�hea�ven as provided ia tliis�iaragfa-PH• � . �
<br /> 15.Go�erning I.�w; Severa6iU�s� This Sccuriry instrumeni shall 6e gavctz�ed by federa! latv an�.:he.law �of4he. .
<br /> 'jf:�risdi�tion in,w}tich the!'mperty is la�ied.In ttte pvent that mry provision or c:wsz of thic Soat�ti�fnshvment'ot the iV4te
<br /> . co�►flicts a�vitlr.��:plicabie 1A�+.such eanfiict shall not affect othcr pr�visi�ns of this Security Iascrnhti�t,f or the Note which cxa be
<br /> . given effed'�v;t�ut thc enaflicting provision.To ttus end the grovisions of'this Security Insuu�3 and t6e Nate are cleclac�d� �
<br /> : ..to be severab2e: . .
<br /> ' �r�"',:� �16.SnrroR'er's Copy.Borrawer shall6e given one confottned copy of t}v:Note anA of tfiis Secunsy Insttument. �
<br /> . . � • Fortes 3028 918Q �
<br /> . � va�se�of B� � . ' " . .
<br />
|