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5-- 002952
<br />if the Property Is b` Borrower, ; ',F if, after notice by ;_.ends to Borrower that the condemnor offers to
<br />make an award or SetI!e° a cl' "or-
<br />-anti
<br />i.; da 2 3 c' , Idc 1 rrow r `
<br />given, fancier to respond tc Lender within 30 days after the date the notice is
<br />authorized s itec t
<br />e . a .c. 61pI,i, the p, oceeds, at its npt!ola, either xo restoration or repair of the Property or
<br />u ed by
<br />to the sums secured by this Security Instrument, whether
<br />or not then due.
<br />Unless Lender and Borrower
<br />c, €h nyise agree in writing, any application of proceeds to principal shall not extend
<br />Postpone the due date c >f the rnor,thl
<br />or
<br />; payments referred to in paragraphs i and 2 or change the amount of such
<br />10, Borrower Not Released; Forbearance
<br />payments.
<br />By Lender Not a Waiver. Extension of the time for
<br />modification of arriortizatiom
<br />payment or
<br />of the sums secured by this Security Instrument granted by Lender to any successor in
<br />interest of Dorrowcr shall not
<br />,)pe;rate to release the liability of the � 6prial Borrower or Borrower's successors Ira interest.
<br />Lender shall not be required to commence
<br />proceedings against any successor in interest or refuse to extend time for
<br />Payment `otherwise rra«dify al ?nor ?izatior. of the sums secured by
<br />sums
<br />this ; e t.; sty Instrument by reason of any demand made
<br />by the original Borrower, or
<br />gi
<br />successors in interest. Any f, rr)C . : ?I;c by Lender in exercising any, right or
<br />shall not he a waiver of or
<br />remed
<br />preclude the exercise of any right or rmnedv. y
<br />II. Successors and :assigns Bound: Joint Several
<br />and 1 ,::£$3,iity;
<br />this Security Instrument shall bind and benefit Be successors nder an Bore covenants and agreements of
<br />and ;,^ ° L` 'der and Borrower, 5ubjcct te; the provisions
<br />of paragraph i'- Iiorrow'er covenants and agreements shall be
<br />jor1
<br />Instrument but does not : °gel site the tiote: (a) is co- si this Security
<br />Aionly
<br />signing this Sal ,z, iIy~Instrument to me r raco-signs
<br />that Borrower's interest in th , Property e,
<br />g grant and convey
<br />under the terms of this Security !r;, tr
<br />the sums secured by tl :s �!ai -,1\ � s •ument; tb) is mot personally obligated to
<br />Ins ?rurnenv
<br />pay
<br />and ic) agrees that Under and any other Borrower rtaay agree to extend,
<br />modify, forbear or make any a0mmodations t
<br />varh regard to the terms �f this Security Instrument
<br />that Borrower's
<br />consent. or the tie without
<br />12• Lean Ch lrpes, I' the !oar. secured by this Security Instrument
<br />is subject to a law which sets maximum loan
<br />charges. and that la v is �, �terpretec, s0 that the interest
<br />sir
<br />connection with the loan eyce c; t; ho Man charges collected or to be collected in
<br />the permitted limits, them fa) any such loan charge
<br />necessary
<br />shall be reduced by the amount
<br />to reduce Be charge N, the permitted limit; and ib) any sums
<br />airmisly collected from Borrower which exceeded
<br />permitted limits %A! he refunded to Borrower. Lender may
<br />choose to rnake this refund by reducing the principal owed
<br />under the Note or by making a dir, t payment to Borrower. If
<br />a reNnd reduces principal, the reduction will be treated as a
<br />partial prepayment without any prepayment charge under tfae Note.
<br />13, Legislation Afiectin„ I..enderis Rights. !f enactment or expiration
<br />,?f applicable laws has the effect of
<br />rendering any pro%mon of the N,qv or th,s S� curity Instrument
<br />uneratorcCal c a�rn
<br />may require immediate payment ! ",-il ,u rding to its terms, Lender, at its option,
<br />ms secured by his Security Instrument and may invoke any remedies
<br />permitted by paragraph IQ ' ` ..ncwr exercNes
<br />paragraph i �'
<br />this option, Lender shail take the steps specified in the second paragraph of
<br />14. Notices. Any n ,tire 10 las,rr,',vc•r provided Or in this Securty f rintrurnent shall be given by delivering
<br />mailing it
<br />n<<, :h!._ it or by
<br />a\v requires use of .inorrr:- m-,�!h;,,d Tile notice shall he directed
<br />Property Address �.,r iris oti
<br />r ^.,;c+ e:� I,rrnµCr deli ,• -� �- !, to the
<br />g.. t , non: I_- rider Any n.,hCe to Lender shall be given by
<br />first class mail in _ Lender's addre ,v wand herein
<br />or any other address Lender desIgnaws notice ,
<br />Or
<br />pro: idea ';,r in Iris Security- i., t, .as Gent � !' �, j � b: t ce tc. Brirrl war. Any notice
<br />ha.i c deemed to have
<br />in this e 3 r:rph. been given tc) Borrower or I_rrider when riven as provided
<br />IS. Governing I_aw; Severabllh%, This Security Instrument shall ne _.'.warned by federal !;aw and the Iaw of
<br />Jurisdiction in which the Pr.� rri �cated.
<br />y the
<br />p - In the event that any provision r clause (f -this Security Instrument or the
<br />Note conflicts with applicable law, such
<br />conflict shall not affect other provisions of this Security Instrument or the Note
<br />which can he given effect wi rout the c 0nHwim
<br />provISaon Tc, this end the rn)y nnns of this Security Instrument and the
<br />.''vote are declared t{i br. er.a�;c
<br />A Burrt3wer 5 t_"i>;iv i
<br />-i • H cn ,s
<br />ontrrral£; ,cps c 'v t ° And I rho nI i � "cot
<br />17. I'ransfe�r t t the 1' ap ci-t rir 3 s,e ne tiSa) Interest A Borrower,
<br />i. A! r �•.
<br />interest in it is ti I ! il ar, (� ; +i. .any
<br />::tCrest in Borrow-
<br />;'I ti � tics £ r F Sf,Ci Ii 1i , �
<br />persU,ai tai, ;our 1 °� r -: - :any 1 naxurai
<br />i a "onsent, Lender rna \, it !is lip}, or:..
<br />_,t.!te
<br />secs by n t i ' \ ,; 1
<br />}c � . -, ! ,,� s 1 .t \ a tI t t .il} S1atTI`
<br />fe •a! e` t!" 'Ttl('n shail rum he exc' .;sr.ci
<br />der. r�1�4 Tt t �.i :i �t t•'I, lnst, c,naent t 1�._.'�iCi
<br />If I ne
<br />k
<br />4n," 0% inAn .t .. f lt! �t L t. irar�..p� I } },. �1� •;,�i a '�'nc \d
<br />-
<br />.. • :�_C :5 1 a It sir ri\ iltLti l� F ,i r I)
<br />c7 Set
<br />is .S rr. i
<br />� ..
<br />: 'Jf ut f li7t�,t� -IfLd by
<br />-. t. a,. 1 ,a� tire. C �.uEi'i� I,rll `, i;� es, ,\
<br />t-
<br />.r7 .... es nIK! 1 e< l V; c l c.. 1 . an ,Il
<br />�. .. ,' ; - ;}r ,i'; � , :.wr r! r .1\ :lit .`F, C'
<br />£( :r now
<br />I 15! `ti
<br />riot ,4e•p lei h
<br />).`. t tJ Hon" 9rt it �
<br />'..
<br />t . ,. -.. � 'r ! .,. :i;l1}'1!.l :t all ir11 •�, ".o �;- � .t :" t � iii'
<br />i'�a t ,aa e i, i l� 1t` c rr'l. a,
<br />he
<br />1 1 _;1.,.1}1c' i'1 :'(i 4.,•. tin i` l.atr !1'. iFtil
<br />I, .. _.
<br />E..i, b� f
<br />t
<br />^ i t due I •- .., , .!. .sir- i }r
<br />''� � UnAl .fi }, so anv r �
<br />.it. is l: C -t. :itii)n
<br />`,4. s,l\ t' - -. •. ��(.... .•. (;i t �. la�lil t .i t.:_ r.. i,f -. i ... `
<br />':.1,i i, t�
<br />�f i l�' ,S�r 1�
<br />I}\ .. .,.:i �at� •
<br />rfy,A �.i l.a'. (_ If, .r: • .�li a.
<br />ii7ai.t , ; i is r, r r
<br />fits, i 1st i£
<br />u.., ei p.
<br />"J£I and l.cndvl Wrthc't c,nvnsam :anti ,
<br />fly. cceleratoR,al ender %hall We notictt to l0rrower
<br />prior iu aeecparatiaen fhlluwink; I3orrowcr's
<br />breach of any covenant or a2ruetrwnt in this •Se"curlt }' in trume'nt (Glut
<br />not prior to alcreleratlain aande'r par:Agr apps i3 and t
<br />unless applicable law provides otherwise& the notice shall specify: tai
<br />they de'faau" Ib) the alcticln reyuirttd to cure the-
<br />default: (c) a data not less than IN nays from the mate
<br />the nudce is given to Borrower, by which the default must im c
<br />and (d) that failure to cure the def
<br />umd:
<br />of iarl or ilvhwv the date spe dfied in they notice rnnv result in aacceicraltion of the slum
<br />secured fly this `se"ray Instrtirm,"
<br />said "Tale of The I'rnperty. Ube notice; shall further inturrn iorrower of the right to
<br />reirloom after gees Iexa -w rl anti the right to hang a court aa0ion to :a- escort they nova r,yistencc rif al da fall {t or :any
<br />defense of Itaarre,wa�r tl3 ac c'ele'raAtic�ra
<br />'
<br />urhrr
<br />and vale. If the default is not ctare+4 un air iaalfurc
<br />the date specified in the' notice, l.c)HICT
<br />at Its alpt,ion may re'4lklir'C immediate Payment in full of all
<br />SUMS SITCllred by INN .Se'"irke In.titralaicut witfatal fu lh,r'
<br />demand and run, Anuke the pbalwur of sale and any
<br />other reme.dac;s ermated fA
<br />l } ll7pala4a11111 law, i ,,ruler bball he t'dtfatil'll t£r
<br />wile till ��f44°nses incurred in talarsuNg the remedies
<br />provided in they par•amraph 19, fill tudmid l,aat iia)t li:lllle.'ai Ito
<br />reasonable artoml r s ft°ep-, ,inIj t'ap its of title' C ide rice.
<br />'
<br />If the pyx r o A s move sh.aU r,,,
<br />Pr!)I - ltlrll 'a X3tttix.P' �1) ;Y?it! (1 I in h i. til�plto in -O'Ch ;3ti\ pal -t .it IN
<br />i !e,e'.alti£l 11 a !a: rk6.nt7 t ;apiY£', rlt i9
<br />6ie
<br />("o9Ert
<br />naltlq 4' rn the idAidtt"r 49rr a, r iltn' I Mom yt)tti:r 1t +iE I:l a r,, li ft s <'f .it'dit is, l;If'
<br />r ratE'�sFai4G t1Ft•'a dfr-,1 Al .it8a➢Ilt.a�9k r w hit K
<br />(Y : time rfiI)p I dj4
<br />%alt. fa, ¢ fRs .;`k 11 Rlsdt i.ltit
<br />t, r^ E,s r' =�asl, „f ,.
<br />- 't @.6Fi,'r3t1'
<br />r ,_li •,r� Pile•
<br />
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