|
� .4;:�. , v,�:a . c��;,,-...
<br /> � `':t -:; ' 1 '� ,1;' r��...-
<br /> I � - -_- ._.._,.T.
<br /> � F 1 r
<br /> ._ �� � � ��,• _ .... �
<br /> �1.,1,1 � . __ .
<br /> _:��}� - �.�, 92-1oo37s
<br /> -��� p�Yments mt►y no ton�er be roquired.at the optinn of Lcnder. if mc�nguye inwr�nce���verayc lin dic w�xwnt unJ fi�r the periad
<br /> y�: that Lender requircsl provided by un inwrcr opprovod by Lender a�rin baK►mes wvailablc arn!is obwinal.Burn�wer rlwll p�y ---
<br /> -- the prcmiuma roqujrod to maintAin rcwrtgagc i�uru�ce in effoct.or to provide a las re►erve,u�uil tl'►e nyuircment 1'ur mon�+�e
<br /> :�� inwrance emia in s�crnrdance with�ny wrftten egreement betwesn Bamawer wwl L.ender ur�ppliral�lc law.
<br /> f����:.a 9.la�pectk�o.Lender or ile agcnt may ms+lce revsan�ble eiuries upon w►d in,pc��iun.r uf�hc propcny. l.cnJer�Iwll�i�o _.
<br /> —�e_��7 Borrower notice at the time ai or prior to an inspectiun cpaifyin�reasc.n�ble cause fi�r�he iati�tiKiun.
<br /> "��`"°�"` 10.Cond�utiun.'i'he pmceais of any awand a�cleim far d�nwges.diroct or a�nsec�uentiW. in��unn�tiun with uny
<br /> �iY•�'H}IfPS�el"�A __
<br /> - ----� conJemrwtiun or other takiaII of any part oi thr Pn�+ertY.or for rnnveyonce in lieu uf c���Weriu�ic�n.are hereby ��i�neJ a�xl �_-
<br /> . shall be paid to Lcndcr.
<br /> ` `.�1' � !n the event of o total tnking of ihe Property.the proreeds shull bc�applied tu the wm.�xtiureJ by thin Se�.�urity In,uun�ent.
<br /> ��- �. -
<br /> �,,,;���.,:�,
<br /> _xu;��_�c� . whether ar�wt Ihen due.wilh�ny excess paid to Borrawer. !n the event af a partiul wking uf�he Pn�peny in which thc f r �
<br /> -.-�,M��;��:ti� m�uket value of the Prc�peny imnKdiately before the tuking is equd to or greater than the anuwnt uF the wrnw securcJ by thia
<br /> -�":��. • • ' Security Instrument imnxdiately before the taking,unles.4 Borrower and I.ender otherwi�+e ugree in w�tin�.the su�nc so�ural by �-n..
<br /> �lA'7�1"�` :�:' .
<br /> '����.�-,�.
<br /> ;"""=�,';,y;�;,r. ;;,,; , this Security lactnrment shall be reduced by the umount of the pro��eeds multiplied by �he fullowing fr+�tian: lul the trnu `
<br /> "�=e�x��° :. amount af the sumg secured imn�ediately before the wl;ing, divided by(bl the fuir muket vulue of�he Pn�xny imnu�liutely _
<br /> �_��� . �... � before the tulcing. Any balance shall t+e ps�id to Borrawer. In the event of w panial taking of the Praperty in which �he f�ir
<br /> '-�•�,,-�,',�;ics�i�C.:_. - market value of Ihe Propeny immodi�tely before�he[aking is less Ihan the amvunt of Ihe wms se�:ured imn�alialely before the �
<br /> �:�u�.-;:r.,�.
<br /> - -..:t,;�'�;;.. �: talcing. unless Borrower and l.ender otherwlse ugrce in writing or unless applicable law otherwise provides. the proceais shall ----
<br /> r=
<br /> �.�-:f r;;;;y be applied to the sums secured by this Security Instrument whether or not the sums ure then due. _
<br /> r`'-�3,?��:'��?i`'� If the Property is abu�Moned by Borcower,or if.afcer notica by i,ender to Borrower that the rnndemnar af�ers to make an _T _.
<br /> --_ ��;::-�,-:;,.*��; �-
<br />_�-�;_, It,,�rrd;��',.��;, award or settle a cluim for dsunages. Borruwer fa�ls to respond ro L.ender within 30 days ufter the dale�he nntice is given, __
<br /> N;• rt or to the sums
<br />- -���r;: ;,'•y,,1-��� [.ender is wthorized to callect and apply the proc�ceds,at its optian.either to restomtion or repair of the Prope Y
<br /> +U� �?:t 'e
<br /> • �t,;:' �,__
<br /> � , rt secured by this Security lnstNrnent. whethe�or na then due. �=-
<br />`.i,��r�° ..�c� �`�`'�7' Unless Lender and tiorrower otherwise ugree in writing, ciny application of proceeds lo principal sh�ll not extend or -
<br /> _ d � �" r 4.�E �_
<br /> —_^",•�'n �;,-•"::," �� .�, postpone the duc date of the manthly payments referred to in parngrophs I and 2 or cbange the amount of such payments. _
<br />- _-=�x ��•" 11.Borrower Nat Released; Forbearonce By Lender Not a Waiver.Extension of the time for payment or mcxiificutian
<br /> ,,- ���,.. � _
<br /> ., . oi amanization of the sums secured by this Security Instt�ument granted by L.ender ta any�uccessar in interest of Barrower sh�ll
<br /> -���`�, ' -:� e'�n'`�, :`.:-v5 not operate to release the liabiliry of the original Borrower or Borrower's successors in interest.l.ender sh�ll not be required to
<br /> .�;,ti:.,.
<br />-�•° '.,,a. .;•:, ,4r,: commence procoedings against any successor in interest or refuse to excend dme for payment or ahenvise madify amortixa�ion �:
<br /> �� �. af the sums secured by this Securiry Instrument by renson of any demand made by tMe original Borrower or Borrower's �r':.•
<br />�=����: • ,� � ' � '` successors in interest. Any forbearance by Lender in exercising any right ar remedy shall not be a waiver of or preclude the - -
<br /> �_ ,.� �`�' �� : eaereise af any rigiit u� itiiiaiy.
<br /> -��•°� ' • Co-signers. The wvenanla nnd ugreements of[his
<br /> .• , n.�:., " ',•.(•� l2. Successors and As4i8re Bound;Jolnt wnd Several Uabilitv; --
<br /> %'�� �:�"'�"';'�+ `°� Security Instrument shall bind wid benefit Ihe successors and assigns of l.ender und Rorrowar, subject ro the provisiom of i
<br /> ..' ,�_ `^ •� ' pamgraph l7. BornawePs rnvenants tud agreements shall be joint and severnl. Any &►rrawer wf:o co-signs this Securiry R
<br /> � "J Instrument but dces not execute the Note: (u1 is co-signing ihis Securi�y Instrument anly to mortgage, gratu and convey that �;
<br /> ,' .,�;: , ` 'a• ' Borrower's interest in the Propeny under the terms of this Security InstrumeiN:(b) is aot personally abliguted to pay the sums �'A
<br /> •� y ` . secured by this Security Instrument•and(r)agrees thnt Lender und uny other Borrawer may ngree to extend,modify.forbear or �
<br />-..�..:.y^ .q�i�i:. �
<br /> _ :�• make any uccommodntians with n�ard to the terms of this Security Instrumem or the Note without that Borrower's consent. �-
<br /> .,,n 13.Inwn Clw�ges.lf thc loan secured by this Security Instrumern is cubject to a law which sets maximum lonn cha�ges. _�
<br /> - •' � nnd that law is finully interpreted sa thut the interest or cwher laun churges collected ar to be collected in connection with the �
<br /> `.-.��j��«�',, loan exceed the permitted limits,then: (a) any such lo�n churge shall be reducc.�cl by the amaunl necessary to reduce the charge c�.;
<br /> , �'?�c� •• ,�• •. . to the permitted limit: w►d Ib)any wms alreudy collected from BoROwer which exceed�i permiaed limits will he refunJed ta ���
<br />�.�. . . .
<br /> ;i,•..,: Borrower. L.ender muy �hane �o m�ke this refund by reducing �he principal owed under the Note or by making a irect �__
<br /> ';�';,, : , ��' payment to Borrower. (f a refund reduce� principal, the reductiun will be �rea�ed ac a panial prepayment without any �
<br /> � , _ = ° . ' • prepayment charge under the Note. '�-
<br /> � ' � � ' "' 14.Notices. Any notice eo Borrower provided for in this Securiey Instrument shall be given by delivering it or by mAiling �=`�.;.
<br /> ��,"• '
<br /> : � ' it by first cls�ss ms�il unless applicuble luw requires use af unother methai. The natice shsill be directed to the Property Address y�:
<br /> � � �,�` • or any other addmss Borrower designatea by notire w LenJer. Any notice to Lender shull be given by first class mail to
<br /> - • "t"' `` i.ender's address stuted herein or sny othe�address Lender Jesignutes by nutice tu &�rr��wer. Any notice provided for in this _
<br /> ' . :.,..: ,
<br /> '" � ':: ' '`�'' Securiry Instrument shull be Jeemeci to huve t�en given ta B�►rn�wer or Lender whcn given as provided in�his parugraph. -_.,
<br /> � � ��``��'�'�� '��' ' l5.Governing lawt Severwbllity. This Securiry Instrument tihull be governed by federnl law und the luw of the s==
<br /> i�,t..,�F.: '.� �..�..
<br />_ .��s�,?�,. . �• ,.
<br /> '.,,;x, , ., ,,�, s .. jurisdictiun in which thc Pn►perty is lixuted. In the event that uny provisian�ir clause oi�his Securiry Instrument or the Note n�*
<br /> . ��,,...�,,;:: � .
<br /> ;.. �; :•.i:�;;�,�,._• conflicu with upplicable law.xuch rnnflirt xhall not affert�nher proviwions o(thi�Scrurity Instrument ur the NMe which can be
<br /> '� �.. ' , �•�, . given effect withou�the contlictin�provisiun, To thi+end the provisions of this Securiry Inscrument und ihc Note are Jeclared �
<br /> � . to be scveruble.
<br /> ,. � � , 16.Borrower's Copy.Bnrtc►wer shnll be�iven one�Ymli�rmeJ rupv ul'iha:Nute and ol thi�Sccurity Imtrumrm. i.,:.
<br /> '+,;`,i' ' Fo�m 3028 9190 ��.
<br /> ,_-5
<br />, . � - :1 Pap��of 8
<br /> � �' .
<br /> . � .
<br /> . ,y • . sc'
<br /> '/ ;
<br /> r � `,
<br /> � ',i'.,
<br /> ,��„ •/ _ . . . , , •
<br /> i�� ' - ' - � .. � ,
<br /> � , �
<br /> ii � 1
<br /> ' � _...1 __ �
<br />
|