.s :i -.. .. .. ,.�,,'r}:r
<br /> .,v,r,Kr� ' . y;�`�ci�'
<br /> � •• .,t.u.:.�.
<br /> 1 <, • . ' • _
<br /> � . . . .. . .-•------_
<br /> '^, ... F+rew: ... ,. - , ..-. ;.,��rd6My1 k�M�++s�.:.+allt�-.um.�r•ra�Ml,4dtL�� .
<br /> .. � � _ --r-�'° 'd�..
<br /> - �.'' ^"n i, s'A: '� .��'M���M1lf��.....---.. .. . ..... ._........ ...�...... _ ._. � _.:
<br /> ,r '
<br /> ... . ... ,_.....�_:_,��
<br /> . ..G �SEi.��:
<br /> � ' i . = . ._..�._"'......_..
<br />__�, .. _'"
<br /> � '..fY..:_._..._..._ _.... —__
<br /> :X . —'_
<br /> • � causin tho actlon or prosos�inft t� 6e � �-
<br /> • Borrower may cure such e dc�iavlt and relnstc�tu, as pravldcd Imetuesttorfeiturebof tho Bonowor'e Interest in tl�e Pro�:ert!1 or �
<br /> dlsmi3aed viith a n�linp thnt, In Lendcr'a poad Inith detc�minntion, p .
<br /> ather mnieiial Impninrcnl of tho Iicn crcatod by lhls Sc:curity Inetnmicnt or Lenders aocutity Interost. Borrov�or sliafl oluu b�! In
<br /> defuull It Borrower, durinq ihv la4n uppllcatfan process, p�va mntedally falso or Inaccurnte in(ormatlon or ste�temc�nt:�tn I.cncer (or �
<br /> : � iailed to provide Lend�r with any materlAl Inlormatlon) In connect�fnthe,P opeAy asY'a�pdncip I rosidHnoe.InGN thl� Secu�lty � i..
<br /> Ilrnited to, reprosentatlons conceming Dorrovrcr'� occup..ncy
<br /> lnstnrmen: Is on a leasehold, Bartower ehall compty wiih all the provislons oi tho lease. If Borrower ecqu�res te�tille to the L �
<br /> �� properry, the leasehold and the tee titlo shall nat merga unless Lender agrees ta tho mergor in wdtlnfl. ;�;.
<br /> If Bonower talis to peAortn the covennntn on�4 agreements ,;,
<br /> 7. Protoati�n of Lender's Rights In the Propc�rty � �
<br />,;.�,y}� contslned In this Security Instrument, or tnere is e legal procc�ding that m�,� slgnificantly eflect Lender's ►I�htn In ihn Property � ,
<br /> ��_._ (such as a proceedinq In bankruptcy, probate,tor condemnullon or forlellure or to e:►torco Inws or rogulntlons), than Lender may t•- �-_
<br />'��J� do an d p a y f er whatever Is necessary to protect tho valuo ot tha Praperty snd Lender's�ights in the P�o�adn g Iren our►. �n��ng � ."�.
<br /> may include �c;.�,pfi9 sny sums s�aued by a lien which has prlority over thls Socu r i ty In s t n:m e n t, a p R ;;,,
<br /> L.T, n.!°-
<br /> --- reasonebla nYcamcys'tees and ontednp on tho Property to make repalrs. Ntfiough Lender may iako actlon under thle�w:a{1nr� � r(-
<br /> i � 7, Lender doas not huve lo da so.
<br /> ''� � Any emounts dlsdursod by Lender undar par�greph 7 shail becoma addltlonal debt of 6onoweT securad by thlo Securlty �rL_'
<br /> �_,
<br />` ,'��� Instrument. Untess Qonower ane! Lender agree to other terms of pnyment, lha�e amounis sfiall benr Intarest from the date o1 �
<br />,` �� dlsburaement at the Note rate snd sha8 be payable,wfth Interest,upon notico hom Lender to Borrov�er requosUng payment. _
<br /> ,;� 8. Mo�m�9e8orroNe shaiel�pay tho prom ums�requi edft�o malntalncthe modpage�l'suran osin'�eftoot Ii, for any reason,tt le -
<br />,-T� Eeoudry In
<br /> martgage Insuranco covernge requlred by Lender lapses or censes to be In oftect, Bortower shall pny tha premlume requ re o
<br /> -� costl toC Bo o9wer ol9ihe�mortgeqealnaurctnceeprevrto sty Ineettecte tpom'en'altem t9cmortgage Inaurer8epprovedQbyelonder.�hlf
<br /> .�� eubetant�:lly cqulvelent martyegA Inaur�nce cover�9a ��nQt�vail�ble, Borrower ehall pey to Lender eech month s aum equal to
<br /> ��'� one•twelfth ot lhe year�y mortgaige Innunnca premlum beln9 P��d by Borrower when the insurancn covaage l�need or cetsed to f
<br />;-��,� ba In eNect, Lenda wW accept,uee and ret�in thcae paym�r►ta ae p loea roserve In Ileu of mortq�pe Inaurance. Loas roserve
<br />---_ _ pRymente mAy no longer be reqwred, Mt the optlo oved`bnd enda aqNngbecomes nvellabta andi latobtalnednt�lorrower s/ie I p Y
<br /> ih�l LendN requirae) provided by an Inaurer epp Y
<br />-;�� the prem!ums requlred tn rrblM�in mortgage Inaur�nce In e flect, or to provide a losa reserve, untll the requiremen4 tor mortgage
<br /> �� Insur�nce ende In accordanca with any writtm aqreement between Bortower and Lendor or appllcnblo Inw.
<br /> —= 9. lnsp�atlon. Lender or Ita egent may m�ke reaaonnble entdee upon end Inapectlona oi the PropaMJ• I.ondur ul�nll pive
<br /> Bortower notice at the tlme ot or prlor to an Inspectian epeciying reasonable cauao for the Inapaction.
<br /> 10. Condomnptlon.The proceeds of nny award or clalm tor damagea,direct or conoequontial, in conn�atlon with any
<br /> condemnatlon or other t�Wng o1 eny p��t o1 the Properry, or for conveyance In Ileu o} condamnntl�n, err� hareby asstgned und
<br /> — shen be paid to Lende►.
<br /> In the event of e totel taking o1 the Property, the proceada shall be eppiied to tho sums secured by thEa Sec� ly
<br /> �.._ ...�.ti e,,,. �vraaa nnlrl to Borrower. In the event oS a pnrtlal taking of the Prenarfij 1i which
<br /> - - InaVUment,wn6tner or nvi ii�c+'�..�a� �,.. -v .
<br /> the fnk ma�tcet vAfuo ot the Properly Immedlatety before the taking lo equal to or greator than tna amauni oi ii�a e���.4��t-
<br /> by thf� Securibj Instrument Immediately betore the teking, unless Bo�Tmwar end Lendar othenrufae agree in wr(tinp, the sums
<br /> -- secured by thla 5ecurity Incirument ehali be reduced by tha amount o}the piocaeds mu(dplled by titn iellowing hnc4on: (e)the
<br /> � totel emount ot the aums s�cured Immediatey betore the taking, divlded by (b)the fair marfcet vahia of t newhl heth I taU marfcet
<br /> betore the teking. My belanoe shall be paid to BoROwer. In the event o1 a partial teking of the h'raperty
<br /> vaiue of thv Property Immedlatcly before the taking Is less than tho smount ot the aum�securod Immedistely before the takinp,
<br /> unless Ban�owo► and Lender othervvlse agree In w�ling or unlesa applicable law otherv+fue provides, fya proceeda shall be
<br /> applied to 9:he aums secured by this Secudiy Instrument whether or not the sums are then duo.
<br /> If the Proparty is ebatndoned by Bonower,or if, aftsr notice by Lender to Bonower that the condemncr cifr.rs to make an
<br /> sward nr sottfe a clalm tor damages, Bortower fails to respond to Lender wlthin 30 days after the date tho ncCco Ia qiven,
<br /> — Le��dEr Is authorized to coliect end appty the praceeds, at Its opticn, elther to restoratlon ar repelr o1 the F�repar;r or to tho
<br /> sums secu-rad by this Securiry Instrument,whether or not thon due.
<br /> Unkss i.�nder end Borrower otherwise agree in w�ting, any Avplloatlon o1 proceed� tn prinGpnl ehell not extend or
<br /> postpone d�ne xiue c�ate ot the monthly payments reterred to Ir paragrsphs 1 ond 2 vr chan�o thn amaw�t ot euch pWments•
<br /> ,� y 1,6n�•••�wsr Nr,2 Ftolaa�ed; F�rbeannco sy I.endor N�,t a WaSver. Extanolpn of the Ume tor payment o�
<br /> modthcation o1 a+nortiz�9i�n o'r tho sums secured by this Secutlty Instrument 9rnntecl by Lendar ta any successor In Intereat a1
<br /> Bor�ower�hall not operate to rdeaso the Uab[Iiry of ihA odginni Borrowa or 6orr�wer'�succosnons In Interast. LendEx ahall not
<br /> be requtr�d tu commence proceedings sgsinst eny auccesaor in Interost or ratuse to extanc� tlma tor pnyment or othe�wlsa
<br /> modify amorlFzatlon of the sums sQCUred by thls Securtty Instrument by reason oi any damnn�mnda by the origlnel F3orrower or
<br /> Borrower's sueoe�sors In interest. Any torbearance by I.ender in e:ccrc{sinp any ridht or remndy shsil not bo a waNer o1 or
<br /> preclude the exercise ot any dght or ramedy. ���.�,�� ��� Ssve►�1 Li�:a�6��ky; Gu�s�pners. The cove:nu►ts end
<br /> 12. Successoro end Aasigno Bound;
<br /> nyre�eemtt�;a M thls Securfty InsUument shnll bind and benaflt t�e auaesaors and anelpnn of Lender and Borrower.suDlont to the
<br /> provislonx ot�aregraph 17. Bortowtr's covenents end agreements shall bo Jolnt nnd sevarel, MY Bonuwev'�"►hu caslgns thts
<br /> 3ecurily Instrument but d�es not execute the Note: (a) Is ca-slgntng 4Tils 5ecudty Inatruntot�notypersonnlly obligated tu pay the
<br /> � th�t Bortowor'a Interest In the Property under the tmns o1 thla Securi�j Inatmmnnt; (b)
<br /> sums seairecl dy this 3ecudry Instrwnant; and (c) ngroes that Lencler and eny otitnr�ortower maY a9ree to extcnd, modity,
<br /> tor6ear or mnko any accommodatlons with regard to tha termo of ttira Secmity Inntiumont or the Note without that Bonower's
<br /> - consent.
<br /> �'��" 13, Lonn ChArgee. If the loan secured by 4his Securiry sastrumont I� oub�nat tn a Inw whlch sets mrsxlmum onn
<br /> - charges, and that law is flnally Interproted so that tho Interest or ci�l�r ioan chnrqas collaatud flr to bo coliected In connecUcn
<br /> - ��-- wRh tha Iwn oxceed tho permitted Umlts,then: (o)eny seah loan chargo shnil bo rnduaod Gy tho amount necessary to reducv
<br /> f � the charge to the permitted Iimft; and (b) any suntu alnzady collected ttom Barm�vnr whluh exceeded permfttM �fmlts wlll be
<br /> refunded to Bortowet. Lender rnay choose to rnake thls refund by reduolnp ti�o p�lnoipal o�ved under the Noto or by making a
<br /> p direct psyment to Oorrower. if a refund r�duces prfncipal, tha reduatlnn wCi bu U�onted es n parttai prepayrnont without any
<br /> — prepsyment cherge under the Note.
<br /> 14. NrltlCe9.Any no:ice to 8orrower provlded for In thla Socurity lnalmment ahall be given by dolivcrinfl it or by meNing it
<br /> — by flrst clasa mell unlese appllcable law requlres use o1 enothor m ehod'�^}hp i otic�on�s�all�bH'�e g��� by�f6t cass roe0 to
<br /> � Ot dtly Oth�l' flddfBS� 80ROWf.Y �0819�etea Dy nvuov �v ����• •�•s ••-°-
<br /> -- Lender's addresa otetod hcrcln or any other eddress Lender dosldnntae by notico t� Borrower. My notico prorldod inr in tn�s
<br /> -�-- Securiry InsWenent ehall bo deemed to have been givan to [3orr4�vvr ar Lundcr when glven ea provided In this paragraph.
<br /> -� ib. (30ver11fng l.aw; SYVNrpbillty. 7hla Socurity Infltrument shail bo govemed by tederel law and tho law of the
<br /> " A �urlsdlctlon In whlch the PrnpeRy Is locntad. In tho avent thnZ any provlsion or clausn o1 this Secur(ty Inatrumont or the Noto
<br /> -- -� conflicls with epplic;iblo law, such contllct shnll not uttoci other provlalan� ol thlu 3ecudty Instrumont or tho Noto whlah can be
<br />__-=a''� gNen ettect without tho confllctlng provlslon.To this end¢ho proaaion� nt Yhls Seca�ity Instrumant ond the Nota ara dec0arod to
<br /> .-�•�.�°�y bo saverzbio.
<br /> -�''�.�; 16. Ba�rrower's Cnpy. Borrower sltnll bo given ono cantormed copy of the Note end o1 th13 Socurity Instrument.
<br />-�"":;5,<,.�
<br />��z a�»hN-'. J/ //�/�J/��GG�
<br />, ._—=__9 ��• J��
<br /> .Y- F�310.LM0(11951 Pagc 3 at 5
<br /> ;•."n�
<br />>_.�`d:,':
<br />-..tW�.,�''^ 9G017
<br /> `'�. _
<br />- i�i: . . .. . ._ �— � .. _ ....
<br />
|