|
� -------�-� ,
<br /> _ .
<br /> :_�. .. < � �.�.:
<br /> _ � .�:.__;�_ - --- -- - - --
<br /> - _ _ _ - _ . . . . .. . . ,.�., . . � - '_ . _ �" .. . ` _�` > _�_ _.
<br /> - • � � �----_�=- - `� - ._ ��.; . - -- .`� ,. - � _ -- �� ;�::�_,:_ �
<br /> -4� ` � � �� . � . � . - - . . . „ . . . + - .C'� -i�.
<br /> _ . .. . , � ` . . • ' � • ` � ` . ,
<br /> ` � ' n - � �`�`��•':"�,���°� , `'S. " ' , ' aad in,.�eec�oas of the Pro Leade�shell � .. , "_ ,. - �-
<br /> ;- . - � . . �9.Inspectbn. L�ader or it�age�t may maka reasooabla e�strtes upon c Pen3►• ��r , , ,
<br />�.�' ;V.E . give Eoaaw�er uotice at ihs ti�e of ar ptEor to an inspectioaspes�{y�reasaasDIs cause for the iaspectivn. � `_
<br /> , � 1Q.Cm�tatl�n. The p�of eny award ar cla�'m�'oi iam�,gest di�ct or coasequen�ai.�n aaat�ction wit5 _ ',�F °. . ``*
<br /> , : � � any caadems�attou or ather of.�nY part�of tt�Qroge�ty. or for roaveya�oe in lieu of ooademnakon. are t�ereby
<br /> < .: • ' � , arsigued and.shall bepaztf to�er. � � , °. •
<br /> s � . Ia the eve�of a t�tal�ng oF t�e Pcape�ty,the prace�]s Eh�ll ba aP9laed to tae sums�by tt�is Sec�it� , •
<br /> ��.-.•-_,,_,-, ..- �-_=--t,.�..,�.�++-.�+�.n:_�_e��_withaa�rexoessossdloHo��re�l�tItaeve�ofapar�almidnS_oftb�ePra_ m ` � ` . . .
<br /> ' � = whish�i��et vatue of tha Prr�gerty�iateTY-6e�t�e�ie�n$ise uqaT o or gr�aTei.lht��a�ur��=--- -.� -__ =_-
<br /> --_� ��:; � stm�g sec�ued b�this Secutitgt Iastttuttea!imm�diatzly 6efore the�,anless BonoKrer aa�d I.gader oth�nxise m . . � - , ---
<br /> - ' w r i ti n$, tfle samg s�aued 6y this S�auity In�ttume�sl�all be by th��o�of the.gmcpeds mt�tiFl��B�e:. Y•--.' � ,
<br /> t�,.
<br /> :-« 'L. � ': foIIowing fractian:(a)the Wtat smannt of the suats s�cuiie�i im�liately b e f o�e t h e o�king.d i�¢e d bY(b)t h e f$i r m u t t e t ,
<br /> . � value of the Pro�ty immediatety before the��g A�r b�la�se sl�aU 6e paid to Borrower.In the evEnt of a parti�l t�drag . - .
<br /> �; ' ' . � of t7�a Praperty m whica ti�e Hir ma�cd value of t�Prop�ty immedi�tely 6efore the mldng is 1�,e4 tLan the am�ouat of the :;_. .
<br /> . ��- . • s n u a s s e c u r e d�I y befoxe t3��g,ant��rmwer aad i.ender athet�i�aga�o ia wliting or antess apptiraMe . ,
<br /> ,.� �,, . law atDerwise pr6vidss,tha.paaceads�sdail be appl�!m the sums securea hy this Securily.lnshnmera w h e i H e r ar�t t h e . . � :
<br /> s�sms s�e tEen d�e.
<br /> • ' � � If the Jtragerty is ab�Wnec�hy Boaower.or if.aRer�otioe by Le�der to B�rrawer that the coademanr offe�to
<br /> . �„' ' mak�an awaid or settie a ctaem for dams�s.Borrawer�ls w�w�*�3��ys aft�er the dat�tI�mtico . . , . .
<br /> - = -. ------_- -- . is�ivea,Le*ader is mmthoriz�d w collsct and YppIy ti�proceeds.at its aptton.either to 4+estoration or repair of the PrapeRy - . .
<br />- , �.'' ' as tio the sums s�by this Sacarity Ins�e�.a�t�r or���en due. ' . � ,• -_ • -
<br /> T ea
<br /> � ' IJnless L,eader end Boiruwes othertirise agree ia writuag.aaY$PPtication of ptnceeds[o priacigal si�all aat eactend or : _ •
<br /> `: ` ' Fostpona the dae date of the mo�thly payme�s refer�ed to ia pata�apbs 1 and 2 or cbange ttie a�t of s�u�payments- ; = . . _
<br /> ,,� , • � 11. Borcowe�r 1�Iot Rd�; Farb�nce BY Lmd�r .Yat�N'�iv.a�. ExR-mon of the time far payaiest or � ,
<br /> 4�- , , modifrcati+,�aeaf amordr�aron of the sums secased by daLs Sec�it���6y Leader m airy saccessas w.Iacerest. . _
<br /> . . • . • of Borrafi�i`�ell nnt o�eiate to�iease 8is tiabitity.o�the ong�3 Sanower or Boirawer's s�so�in intet+ast.Le�er . . _
<br /> _ �; com� aQy's¢c�.ssal in interest or seftlse to e�stend time for payment��
<br /> s1�all�ot t�a� �? �`� s ��t t�asoa of any dem�ad m�d�6y.
<br />-- " : ' . . ". ' :�'.e�BtenNise mad��arflortz�Hon af��`�Y� �h7 � s}�al� �- �- - �- - - -
<br /> ;j . ' �.�i�ginal Bormwer or Ba.�rawer's successors in�:�Y fosbearance by L�r.�eaet�ismg aay righi cic.�+emedy .
<br /> ��,,� ' ':r�ot 6e s waiveT of or pt�clada tlie exercise ofazry rlg`i�er y� � �� ` � �` `�
<br /> t�� , '`�' l2.Suooessors and Assi��auad:doLit an�Se�IdabiIIbj;. `.. :, �he covenutts a�c�:�g�eeme�ts oF , .. �:
<br /> , ��S �h ' , � .
<br /> ` ;`'��",64 . 'this Security insttume� shaU bind and b�enefit the successozs aad ass�gns 3�ender,�.Borrower,.'sub,�'ect w the . , , t '
<br /> :.,f,s�� provisiaag af pa�h 17.Bnrmwer'�.covenauts and a nts shaU be�oi��;�sevec¢E:L�'tcy Borrawer ufisb co-signs . • �.:. . .'���, .
<br /> C 5
<br /> " � ' � tbis Se�uity iast�u�at isut does mt execate the Nota: a)is co-sigmng d�s S�ity Insd�ent on2 to mortgxge.gtant . �• .�, :� c�I��'/�` �
<br /> � '�1�.. � . s. -"�' "I" ?�
<br /> y J.._.
<br /> . ` iwd oomep tbat�Borrowar's int�emst in tl�e Property under the terms of this•�.�arity lasusime� (b)is aot person�fTy :..�!�. `'�,� `� t�� .
<br /> in aad c th�t Lendar aad an other Borrower ms�t <'r 4�.: �. f�
<br /> �.. . , „ ��:. obug�to p�y the sums�c�d by this Se�ority ins�n� ( ) � � , `.�` � `
<br /> � agtes w extead.mddify.forbe9;or maice Q,ny acoo�adations.with icg to the tezms of this Security Ias�e�or the ,�'(,!:.� , . • ��r ;
<br /> . ,a��, Nate wiQ�out tbst Bormwar's coase�. � � .. `'� :u�';',
<br /> . • . 13.Loan Ci�at�es. If tBe lwn aecured by this Security lastrtrmen#is snbject w s iaw which sets miu[imwn ��� :F ; `
<br /> • � ,..,,� �ti ��,.. �
<br /> �: ..,,,.�; • .. c h x r g es. Qnd that taw is 8nalt y ia4esp� so tbat the iaterest os atfler loa� chuges collected ar ta be collxted in . ::. .,:.�; � ,i t
<br /> . ,..,r . . �ormeetion with the loazt eaceed tka per�Itte�lirr�i►.�.then (a)amY snch toa�._c6arga shall b�r�dt�sed by tite�moimt ' , 4�
<br /> �<.''.� to redace the:±�it e to thape�m�tted limi�,aad(b)ai►y stm0.s al[�'�11ected frbm��du��ox�c:�rl�tch exceede� . . ,i• . ,
<br /> ��;,�.,�;. ' ., � . . :z�acessuY 8 � , �� ;�; .
<br /> 'j� . �;pesmitdad limits wi�I be�mded to Borraw�r. Let�r may choose.to m�lce bY�`!�E': �� ±?�.. �, �;:i..
<br /> � un�er tha Note or by malcing a direct psymeat w Borrower.I�a rafiu:d redoces p:incipal.th��ho�l�mated ac a .�;�f;' :� �+'
<br /> � .� .. . � yment wit�out anY P�Yme�ci�gv a�t the Nflte � � • �S:"�: �;
<br /> � � . ��1�4.�N o t t a�s. Aay not�ce to Bomawerprovided fot in t h i s Sec u r ity�a s t m m e a t s h a i l�b�g i i f e n by d e 2 i v e r i n g i t�n r b y . �`:, �. � +
<br /> mailing it b fust cl�ss ma�7 unless lirabte la�v reqaires usa of amother met6od. 'I4te natice�Irall be direcLad to the - �, .,'.�' ��
<br />-i.�----.- ,�.-;,�>...= ---.---,;-.. ti-�nev_�,pr�.�c�i_nr n.ny nther eddres4�eT desilR�tttes by mtice to I.eudes.A�i�to Lender sh�116e given by --. - —__— —'
<br /> ,;. . • first cl�ss ma7 to Lender's address st�Led herein or any►other wddnss Lender desigaaies by����ef�y�. . ;� .
<br /> . '" . '. . providacl far in this Secnri Iastrumeat shaU ba deemod to LYVe been ven w Bo:iower or Lendes when ven�s _ vided � ' ,
<br /> ty gi 8► Pro. ��'-'
<br /> r . '����' Sev�bqity. 'Ibis Security jast�ume�shall be govemed by fedenil9aw a�the I�w of the �
<br />_ ;•�. . . . 1S.Go�ernio`1.aw:
<br /> ��'�� 'ction in wl�ich tbe Fr�perty is tocat�l.In the eveat Wst aay provisIan or clxuse of tHis Secarity tawammt ur tHe
<br /> ;9 ,�'.. . . � . ' �lote conftict9 with�p licable law,sucB con8ict st�il aot affect otherprnvi:dn�s of this Socurity Ia�ament or da Nde ^ .. - `�
<br /> ;��:
<br /> ` • . wWch ran be g�tveq e ff e c t wx x t h o u t t h o co n A i c ting�ovisioa.To t b i s e n c 2 t h a p��3 o a s o f t h i s S e c n r l o y I n s h u m e n t u d t T� •,;; `:, , : ',���"--_
<br /> ,,.��;. � • . . .:-. . . .. .
<br /> , � "' . Note�re daclued W be severable. . � • , :. ''
<br /> 16.�Bojtower's Copy. Borrower sl�all��ba�v en one co n fo r m e d copy�f t fl�No t a�a d o f t tr is S e c u r i I a s h u m e�rt. ;` `:��''r:
<br /> .. � ` . 17.Tca�'er ot the Ptopnty or f�Bmetic�ial int�st te Banower. If all or any put of tLe�r o p erty or�ny • . ,�--;
<br /> � � .'�� � inte�t in it�is so2d or traasfemed(or if a benefist�l intesest in Borrowes is sold or lcaasferted and Bormwer ts aot A ' , .�;s T ..,
<br /> - - . •1'�•- nafurai persan)without i.e�ici s p:ior wri:tea crr��i.Lc�k;r,;�g,�a�i it�c�,ticY,m,q�sis"i�a'��',�.°:�=a�t_�f n� . s�.. _ a�.-.--
<br /> :�'��'-, � .; "� � � st�ts�hy this$ecuritg+insttument.Hoare�tbis option shall aot be az��cised by i�ender if exercise Es{irohi-bIt�d ` ��� : �
<br /> _ �..,,,:' -: � fry f�deral taw asof f�o d�ie oti�r'rs Se�ui'sy t�sstruuivni: " � - -
<br /> . � ..s:.. .`� fy .., .
<br /> -, ,_� • '�.;;._. If Lendee exercises tUis option,Lender shaii give Boaower n�tice of acceterotion.�e mtica si�aU pmvIde a pertod '._ '�.'..;:.. :`. ,_. .
<br /> . .. . � of t►at t�tl�an 30 days ftom We date the aotice is deuven�xl or maited witbia whIcb Bormwen�se pay a11 sum.s s�:ured . . ' , . .
<br /> . �`^; . . Fam 902s 9/90 f/�a?e 4 of 61 , . '' ��
<br /> ` {.,
<br /> .; 1�:::. ._ , BANNEIl95YSTEM9.tNC..9T.Ct0UD.N1M60902iti0G3l7,43NIiGhMMo-t-NE919N1 .
<br /> . �',' ; .. . . . ., . , '
<br /> ' `� ` �ti . .• • .. . ' �. ,' . . ..
<br /> ,?, . . , . .
<br /> •#- . � , . .
<br /> _ _ ,�:: . � �. . ; �� . ; _: .
<br /> .. � � . . � ..
<br /> .: . � . .. ._ . _ � �
<br /> . . . . . . . � . . . . .
<br /> : . , . ,:, , . . . . .
<br /> . , . . . . . . . .
<br /> , � . . � . . � . . .
<br /> . .
<br /> _. 4 __ _ ... _ . . __ __ ___ _ _ _
<br />_ _ _ : ._-----, _ . . . , �, __-.,_-,_. ..
<br /> •P` , � . . . . . . .
<br /> • ' � . • - • . . � .
<br /> �
<br /> . � �
<br /> � t
<br /> ., . < . _ "__"_"'_.Q".
<br /> . �
<br /> �... . � . . . . . .
<br /> ' �..�.�.-�-.-.r.�.�.-_-�t-�--e--�—�-�.�-Y!�..-yrr w.r�-i�..-a�--'�� '�_....�.�.. ..� " _"_" .
<br />
|