|
° `. �ia�::;.�+e�^+, _ _
<br /> �i . -. ; � - :� .. ,
<br /> $��' �
<br /> _�il�---- ;'" �"y'���� r.
<br /> -�� � ' ' ' _ _ - -
<br /> , . . .
<br /> _.�■:.3 . i �� - —- - --
<br /> :-���.� -- � --� ._ 1�0 3 R�
<br /> - - 92
<br /> -z. -
<br /> -- condamnation or uthcr taking of any p�h of�he Pm�xrty.ar fnr canvcywkx in lieu of cw�dertuw�iw�.�m hrrcMy u►riQned wul
<br /> studl:bc p�aid tu Lender.
<br /> _�_.,d„� In tltc event of a tdal taking of�he Pmperty. �hc procecdti whull he applicd w �Iw �um� *rrured by thi� Secutity
<br /> _�� Inhtrument,whc�hcr ar na then dua,wllh any exce.s puid to Bom�wer, In th.:evcnt of u prrtiul�a�inµoi Ihr Peu�chy in
<br /> •�+d.�:��:� whicb th�:Frir market valuc af'the Pn►�x:ny immc�iiuicly lxlim�h�ml.ing iti��uul a►�K gnutu Ihan�hr omiwnl of the tiums
<br /> � �cur+ed 6y this Securi�y In��rumem immedlo�ely txli�re�he wkinR.unlcr� Li�xn►wrr wKl l.rndcr o�hcrwix agr��in w�iting,
<br /> '� [he wums sctiurcd by this Securfly In►trument +h�ll he n�duced hy the umaum uf�he pnxeedr multiplied by the fullowing
<br /> �_�_�.=�� fraction: (a)thr t�xul+ui�un u(Ihu �unt�.M�ur�d immcdi��ely bcfurc Ihc��+king,divi�kYl by Ibl�he G�ir market valuc of�he r _.
<br /> —.uri-; propeqY imm��diatrly b�fore �he tnking. Any bolancc xhull be paid ta B�m�wrr. In �he �vent ot'a puniul �aking af thc
<br /> Rnperty in whirh thc fair mwket vnlue of Ihr Propeny immcdiutcly Ixf�irc�I►c taking ix le�.�han the amount of the xum�
<br /> — � z'"''�'� �ecured imrtx�diutely before �ha tnking. unle,�Bom�wer und LenJcr aherwiK vgree �n wri�ing or unle+.upplicuhle luw
<br /> _-�?��` $ aherwitie providec,the pmceed►�hiill be upplieJ�u Ihe sumh secumd hy thi�:Srcurity In.tn►manl witether ur rwt the sums wr
<br /> ===��-� then due.
<br /> ---:==;;��`.F; � If tt�e Pn�rty i�:pbandoned by&�rn�wer,ur if,ufter notice by Lcixler to BurruN•er thut the condrmnor oflen w muke
<br /> =-=f-�- � an uwurd or senle a claim far dnnmgc�,BuRUwer fuil,lo ntiEx►nd to LenJrr wnhin 30 da�•+uticr thc dutc Ihr notire i+given. �.
<br /> _ i•. '-
<br /> �`~ � �" Lender ig authorized to collecl nnd iipply �he prac�rd�,ui it,�►p�ion,cither tu m.tw��ion��r repair ot'the Propeny or to the
<br /> -''=��'�=�" aum.��ured by this Securily Insln�ment, whe�her oe not�hen due.
<br /> �_:�y Uoles. l.ender and Bo�rawcr othenvi+e ugree in writing, uny upplicntion af pra�rd�: to principul�hall na extend�r
<br /> - °.. ,:. .. postpcme�hc due dntr of the mnnthly paymems refcrred to in pur,�gr.�ph.l und 2 or ch�gc thr amuunt of+uch puyments.
<br /> --y-'"• 11. Borrower Not Relamaed; Forbearance By Lender Not a Waiver. Exten�ion of �he time for p�yment cx
<br /> �U-`'`�'�';�'° modification of umoAi�alion af the sumr tiecured by this Security Inxtrument granted by l.eoder to uny xucce��or in interest _
<br /> �.: ,. ---
<br /> _ _ ''��'':",�. . of Borrowcr 9ha11 not opetAle lo�Icase Ihe liubility of the original Barow�T ar Barowcr's succesxon in interest.Lender
<br /> — �-� �,.
<br /> �-;,�i:.;�;a� �. � yhall not be required to commance proceeding�ugalntit uny �uccetisor in intercst or refuse to rz�end lime fo�payment or °
<br /> ,�.4i��- oUNrrwi�modify wnoniza�ian nf�ho�um�:secured by this Securi�y Inrtrument by reawn oi uny demAnd mude by the arigin�l �_��
<br /> ���-� `y. . Borrawer or Borrower's+uccesson in intemsl. Any forbeamnce by Lender in rxe�isin�any rigM or remedy+hall not be a _
<br /> _ waiverof or preclude thc excrcisc of uny righi ar remedy. _
<br />--�"�'�^� ' t2. Successors nnd Asslgne Bound;J�Int and Se�eral LiabUity:4o-signers. The covenants an�t agreements of thir
<br /> -��`-�a Securiry Inswment shall bind und Nenetil lhe,uccesson und a+signr of L�r�ie�and Bormwer,.uhject la Ilx provisinns of _
<br /> _ �..�..�•.�: parngraph 17.Borrower's cavenunth und agn.�ements shaU be joint unJ sever�l. Any BaROwer who ca-sign� this Securiry
<br /> - �.�,:u
<br /> ___� Instrum�:nt but does not exeruta Ihe Nole: (al is ca-signin�this Sccurity Intitrument only ta monguge,gmnt and cc�avey thpl
<br /> _-:�°��"�'�r,;��••��. Bonower;intereyt in�he Propeny under Ihe terms of'this Security Instrumrn� lb►i+not penonally obligated ta pay the sumr .;
<br />- -.��=:r�:.�� secured by thi.r Securiry Instrumunl:and(cl ugrees that Lendcr und uny other Borrower may ugree to extend,modify,forbeur �_`
<br /> �k- "�' or rnoke any acrommodu�ion�with regurd to the terms of�hi+ Security In.�trument or lhe Note withi►ut thut Bormwer's
<br /> �;X� con:ient.
<br /> _ !J, Leen t�a�eg, If�hr. Innn �ecureJ by this Securitv Instrument is wbject to u luw whi�h seta maximum loan .;�
<br /> `� � ` � rhurgew,:u�d that law is finally imerprcted su thut thc interest or other I�rn charges caliec�ed ur�o be collected in cannec�ion
<br /> r �+�• °-��� with the loan excecd the pertnillad limitti.Ihen: lul:uiy�such lo;u�charge slv�ll be reduced by the amount neces�ry to reduce Y�:
<br /> rae�iq�.'.;p, ►� � �he ch;u�ge ta the permi�teJ limit:�ind Ib1 any sum.a{mudy collertrJ fran Aorrower which exceeded pertniued limi�ti will be
<br /> -��-v�j� �;, . -�` refundrd m 8orrower. Lender m�iy cUooxe to makc thix reiund by reducinw ihe pnncipal owed under the Nate or by making A �-
<br /> � %�� , � .,,, direct ps�ymem to Borrc>we�. If ii�fund reduce�principul,ihr reductian will be treuted•rs a partial pre{�yment without any
<br /> �f:'�'.°�°.,�..�.� „ . prepuymen�churge under thc Nu�e. __
<br /> °'" 14. Notkes. Any nrnice�o Rn�rower providcJ 1'ar in thi� Securiry Instrumenl�hall be given by deliveripg it or by _.
<br /> �,r., "� "� mailing it by fin[cl•rx,mail�role��:ipplic•rble luw reyuires use i►f unothcr mclhal.The nntKe+hull t+e directed to the Property
<br /> �����3c .� `'' � Address or:u�y other addrc.ti Bon•�wer detiiFnatr�by notice�o LenJrr. Any notice to Lender shuU be given by first clu+s _
<br /> "�'°�'�, ' mail to Len�icrw uddre,s,t:�trd hensin or uny oihcr aJJrc..r l.enJrr�k,i�n�tc.by nuticc to BoROwcr. Any notice provided for
<br /> ' y'� in dtix Securiry Instrumrnt .r•hull Iu�Jcenxd lo huve Ixen �iven ro Borrower or Lender when �iven u� provided in thi�
<br /> - m
<br />- :...;�,r.�:,.>.. ��raph.
<br /> ' �, ;%,• �. IS. Governing LAw; SeverAbilitv. Thi+ Security Im�rumcm tihull Ix govcrned by fedrrul law unJ the law of the M
<br /> ���4r�.�,; . , —
<br /> _ jurindirtion in which the Pmpeny ix IixateJ. In�hr evrni�hui uny proviwion or clau,r of thi+Sccurity Instrument or the Nae �_�
<br /> "��'� Y conFlic[ti with applicuble I•rw.such cunllic�shull nu�uffrct��thcr provi�ionti af thi+Securi�y In,�rumenl or the Nute which cun
<br /> --•-�Q„��"°�• be given effeci withuut the c��nllfc�fng pmviwion. 7t►this encl the�r�wisionti of�hix Sc�uri�y Insirument und the Note ure `
<br /> -"--�;-i�3;;.�., •s d¢clqred lo he sever»blc. ---
<br />_R j �. .•-.' 16. Borrower's Copv. Borrower+hall Fx�iven unr ranformeJ cupy ol'�hc N.HC und of�hiti Securiry In�tniment. ___
<br />_:�" ,, l7, Tr�nsfer of!he Property nr a lieneficiul lnterest in Borrower. II'�II��r any part of the Pmpeny or uny intere.t in -
<br /> .,�.,�.,��, i t i�:v ul d or transfermd(ur if a I�rneliriul intrre.t in Borrowrr i� �uld or tran,tcrrrJ und Bnrn►wer i. not a nnwrul pe��onl
<br /> � �..i• � withnut Lender's prior wriurn con�.enl. l.ender may,ut it,oplion, iiyuire immrJiutr puymen�in fbll of ull sums secured by
<br /> �'��:.� - ' � ' thi�+Securiry InstnimcM. Howevcr,lhis:upti�m+hall ni��Ix rxercizcd hy Lrndcr it'cxcrci+c iz prohibited by fedem)law uti of �
<br /> �� �hc dute of thix Securiry In.trumont. 6;�..
<br /> �,� � N'Lemkr exercise�Ihi�opliun.l.cndrr,hull give DaiTU�ver noiicc af urccl�ration. Th�nutir�shull providr u pericxl of
<br />-�.••� -
<br /> -"}"�' � " not Iexs thun 30 duy�fn�m the du�e Ihe ni�lk:r i+delivrrcd ur muiled within�vhich Rurn�µ�r mu+l puy•rll yumr�ecured by thi+
<br /> ' . . .. Security Inxtrument. It'Borrm►•cr �iiil, �o puy �hr,c .wm priar t�� thc rspiratiun uf thi. �xri�xl. Lrndrr may invoke uny ;.
<br /> ,,..,:, . , RmeJicti permittrd My�hi.Securily Mtitrumem withuul liinhcr no�icr ur drmunJ an Bi,rruw�r.
<br /> ��� Itt. Borrnwer's Ri�ht to Rein�tute. If Hurru�ver nnel. �cnuin ronJitionti, linrru�rcr �hull h•rve ihr right k� havc
<br /> � enforcement��t'this S�:curiry In�In�mrnt di�ronlinurJ:u am•�imr pri��r ia thr rarlicr��f: lu 1 S da�•.lor+uch other�xricxl u.
<br /> . .',::
<br /> . ' timgk liunflc..tunnk lfueiFreddic\tuc 1 NIF'(Nt11 NIti1Rl'�1NV'r•-l;mt.+mi t'n�en•rm. 9i�N �puxr a n/h�wxr�i
<br /> , � � . . .
<br /> � • .
<br /> .. � ��;)
<br /> . • , � • ... .,;��:.y.st�R;r�,��, •�:,.. _.. . .,:5�:;�14'�`�':;a=ic}�7�i4�6:s�
<br /> --..r.�TP�ti��..-- . • � " .r: . . . . , , • . .
<br /> ., , � ' . , ��'� .
<br /> ;•., . .
<br /> , �.. ;�'
<br /> � �
<br /> .. , . �. � � � .
<br /> � . �
<br /> r ' , ' __ � . �
<br />
|