|
�V��� ,
<br /> .1� .
<br /> �� " .. ' �.._�..�i'��.�' ..
<br /> .��lit. � .,
<br /> .. ._ . .. --�-� ---=L _.' ...... _. .. . .•..i���LfMI+HI-.
<br /> . t �c,. _ .._ ..i�e�.. ,...,5r.� ��,.. . ,-. . .,.
<br /> , � ���
<br /> i
<br /> :,� �r: ,..... m aa+B�►a� M�F .. ... ..,. ' . . . .
<br /> - , . a ..
<br /> � ., ��
<br /> .. �� r�,ry;r�;krr1(,HOi�1� �'°Q' . - '
<br /> . . .M.��1-.._.1..7:w.... ,._ . ....._..__
<br /> 1. . ' � . _.. �.ri J�ef
<br /> . .:� , , t��.. '����J�'� _ :::_
<br /> �Y..�...
<br /> m►y cuitn�ii111:11IUtl OP OlSi�r tnkin3 of nny part of Qic Propctty, or fat canvcynnca !n lic�i oP can�l:n�natlan, n�•o hcrcby .,,
<br /> n�islIInrd�ud niil�l b� pald t�lr°�idcr.
<br /> ' In tli� event of n total taking oP tlie Nroysrty, tl�e Pp�ecda al�all be applled to tlic e,um� cccurcd t�y tl►fa ticcurlty
<br /> Instrument, whether or not then due,witl� any cxce�s p�id to 1Qorrowcr. In tho event of a�ardnl �nking of t1�e Prop�r�y ln ',
<br /> ° � - � whieh�hr,felr muket vatue of thc Property tmfnediately bcfure the taking is cm�al to ar grc9tae tlian the emount of the sum� �; ,
<br /> ti� cecured by thiR Secud�y lnsuument imineQlnta►y bcfon:the takln�,unle:s��rrawor r.�A!r_Rder ath�rwlac agrec in wrtting, �
<br /> •,;,, Qie eums secured by chls Securlry Insuument shAl! bs reduced by che� cimaiwt of U�o proceeda multiplied by ttia foll�wfng ��l,.
<br /> fracdon: (a)the totel n�nount of the sums aecured Immedis+tely UeforR the tuking,divided by(b)the fair market valuo of ihe t�:�
<br /> ,F . Pcoperty Imutiediately before the tuktn,g• P►iry balance ah�ll bc paltl to �orrower. in thr. ovtnt af a pa.rtial u►kinQ of the -
<br /> ;Y`•'•�'_ property in whlcb the fair cnarket valuo of the PropercY immediauly before the tzking Is lese than the amauat of tbe sums .�_
<br /> � � secured imu�edintcly before the taking, unless Bonow�: aixl I.cnder otherwise agr4e in wridn8 or unlcs� sppitcs�ble 1aw ,:'
<br /> - �''�� otherwisc providee,tho proceeds shall t�e nppiied to�be aums seaured by�hie Securiry Eusttum�nt wl�sther or nut�e e�uns azr
<br /> '"`-- �: then duo. y
<br /> ,,: - � Ig tho properry is abandon.ed by Borrower.or if,after notice by Lender to Borrowec that the cond�mnor offere to make •�,•-•.
<br /> :::;� . . . �. , an award or settle a clai�for damages,Aonower fails ro respond to I.ender within 30 days after the clate the notice is given,
<br /> .;�;;��, :• ;.A � Lendar Is autharlvsd to collect and apply the proceeds,at its opuon, either ta restoratlon or repair of�►e Property or to the �__
<br /> '',,��i���;�';�;'',:�,,:�' awna secured by this Securiry Insmiment,whetLer or not then due. --
<br /> ::�:;�, Unless Lender t+nnd Bonower otherwise agre� in wridng� a�y nppllcation of proceeds to principal ehall not eatend vr
<br /> � � postpone the duo date of tkie monthly payments referred to In para$taphs 1 ant12 or change the amaunt of such payments. �
<br /> , ��",I , 11. Borrawer Not Yteleased; Forbearance By I.ender Not a Wa9vzr. Extension of the du�r• for paywent or ��
<br />-_� .;�,.
<br />-r'�r_ modiflcadon of amotdzatioa of flic sums secured by thie Security lnstruirient grunted by Lender to any st�cctssar in intereat _
<br />- "'''�'�`-` oP Barrowex sball noc aperate to release the llabiliry of the orlglaal Borrower or Bonower's auccessors !n intos'est• Lencter
<br />'`"�''.�`��'.�.•" atiaU noi be rttNired to comtnence procee��nBe againat any auccessor in intcrast oc tefe�ss to ext�nd time for payment or
<br />,r�..-:Fjt 1:�`i�;�. ` � otherwlsc modlfY awortiznt�oa of the suma secured by thIs Securlty lnsmunent by reason of any dem�nd made by the
<br /> .� �.r, . : •
<br />_.�,. ori�inal Borrower or Borrower s aucceasore in iatetest.Any forbearance by Lendcr in eaercising any�ight or remed�sha11 —
<br /> '•'s�� not Ix a waiver of or precluda tho exerclse of aay r3ght or remedy.
<br /> `I�:.t; 4=-
<br /> '.'„ • 12.Succe.ssors and Asatgn9 Bound; Joint and Several Ltabl![ty; Co-eignere. '[he coveaants eud �grcemonte of this
<br /> ;a�:.�R�1ti, Securlty lasmuuent shaii L;a►3�ad tc:r,cfc���uccessorc.:r,d:.�sign^. of Lsc�!^r end Borxower.aubjcet to the pmvlaion� of ^._
<br /> d�1
<br />===�•i'-,:�_ paragmph 17. Borrower'e covenants und a3reementa shall be jaint and aeveral.Auy Boaower who co-s t��vcy�tlins
<br />-,.�;-;�:�
<br />'_�.,;;-,.n;,�� 3nstrument but does cot execute tlie Note:(a)is co-aigninS thls Securlry Insuumoat a y to mortgage,
<br /> - '.'"' Borrower'e �uecest in the Property wsder die tertns oY this S�eurlry Inslrunxnt: N) le not pereonally obUgatecl to puy tt►o
<br />�'"�`� aunna secured by this Sc�urity insuumentt�(�)a8��t und�sr a�l a�other Bonower may agree to�xsend,snadify.
<br />`�� forbear or make any accommodadon4 with re�sud w tha terms of thia Securlry Insawneat or the No�e wlthomt that
<br /> �;+.a M� Aonower's cansEni.
<br /> � � +♦��,,� 13.Lnun Ch�u'Bes. If tlte loan secured uy dii�Securiiy u,�uaui.��aubjer3 su al��wh_ic��ern mul�vn bnin c,�u�ea,
<br />-.�,,,,�,��� �yJ�t tav�r{s finzlly interpr.eced eo that the intenat or ott►er loan ebiarges caUected or to be collxted ia connecdon with tha
<br />`����e loan excad the peradtted limita.thea:(a)nnry cuch loan chaTge ehall be iectuoed by the anwunt necGS�azY to�ceduce the charge
<br />_-__---_ -;� to the pemiitted limitt and lb)a4Y eums already coUecud trom Bonower wblc;h oxcoeded Pormitted limits will be retiwded w
<br /> ° Borcower. I.enBer mny chooee to mak�e this nfunJ by reducing the principal owed under tho Note or by ma3dn8 a dIrect
<br /> -= paym�nt to Bortower. If a reftu�d reduces princiPal. the reducdon wIll be tresud as a Pa�d�1 PT�PaY�T� ��Oit1 �y
<br /> � prepayuueat cl�arge und�r the Nou.
<br /> 14. Nndas. MY nodce to B��Wer provided for in thie Se�uriry Instnuc►em shall be �iven by deUvering it oz by
<br /> = mailiAg it by 6ut ciaas mall uale�e aPPUcable law requitea use oY omther m�thod.'[be swdce ehill be direct�d to the Property -
<br /> — Adaret�or aqy otb�er address Borcower de�ign�ta by tadce to Lender.My notlee u►Letder ehsll be�ven by Qnt Cl�u mdl
<br /> — to Lender's 44drefe staud henin ar any otbcr sddresa Lender designates by nadce to Borcoker.Ai►Y�wtice Provided for in
<br /> -- thie gxurity Wuumens ehall be deemed w d�►ve been givcu to Boaower or Leader when givea�provided i�s thi�Pu�t+Pb•
<br /> IS. Govantn� Ixw; Se�erabWtY• 'fhls Sceurtry Wmim�nt ehW bo govexaeA by federal law utd tho Isrv ot tbe
<br /> � ju:isdicdon tn Mhinc�ho F�openY is located.ia the event that wy proviaion or clawc of thf�Secur�ry Incnumeat or the Note
<br /> - co�tllcta with�pplicnbin lew.euch conflictlosv�s21 uot e�'�xt��r�proivlsions of tW�SeC ry �Rnd tbo N e are
<br /> — 6e aivea eft'e�t witLvut the coaNcnlnB P
<br /> declued to be aevenlsle.
<br /> - 16.�w�roxer'e Copy. Bormw�er,ehall�Intcre�t!n Sorrower. If all cu ury i�rt uf�the PropCnY�P a�imcrast in
<br /> lz.'IYsinter o[the Property
<br /> — it i�sold or u�naferred(or if a beaficlal imerest in Bonower is aolA or������w�of�tll su�s���►Y
<br /> arithout Ltnd�t's prlor wtiuen congem�Lender may.ot iu opdon.require
<br /> tt�y Security Insuumene.Hoativer,this optian ah�ll noc be exercised by Le�r if exercise is pmtyibited try fed�calla�+as ot
<br /> - thc dau of thi�Security Iaiuumem•
<br /> ff Le�er e�ercisa+thLs opdon, I�nder ehall givo Borrower nadce of accelers�don.'[be n�tice�h�ID provide a perlod of
<br /> not lese thaa 30 dxys from thc dau the no@ce is delivered ot mailed withia whicl�Borcower ms�at pay all evms secvred bY
<br /> -= this Soa�rity Iasuument. If Borrower fa�ls to pt►y these aums prior w i�s expiradon of this pedad.i.cndar may I�volce naY
<br /> °'�—-- �.� remodies permitted by this Securlty Insuument wlthout funher noflce or demand on Borrower.
<br /> _---'-� 18.Bor►bwu'e Rigblt W Reinsts►te. If Bon'°wer mcets certain conditions. Bonower stiall Lave the right ro huvc
<br /> __-----:,;� eN'orcement of this Sxurtty In�tn�ent diacantinuccl at any tlme grior to the earHer of:(a)5 daya(or such other periori as
<br /> -__---_
<br />
|