|
. . .. ._�� �j �F:t��'" .. `l
<br /> • eFt� � . . . .. _..r�-_''_ ._
<br /> . � ' �.t�`�-�_
<br /> � �r�
<br /> 4:i`n�t+ . „ . , . ,,.•�, � d��'�,4�.';.-�—��,,
<br /> .. " 1�{ydJtq,l . � .,. ..e.;Mb v'K.Y�+r .. . .f i. _ " . . . . �i',_�.�. .—
<br /> . . .• � _ _. ._'.�. .. � •—__' _—
<br /> '.}.' .y ._. �,. .T.',..- ' "-.':....-_ .._. . ' .. .. .. ... . ._.._ ... .'- . ..° . �� _,�rt�.�
<br /> �f •��r
<br /> :�L.9.JW� r . _ ._ . . .. ... . . _ .. _-_. ..
<br /> .ti.4:�.~r:
<br /> ' : 9�W ��D9.'7�'`1 :.
<br /> nt tho optian o� l.endcr, if ma�Kgago ineurunco caveeago (in tl►e omount nnd for tho period thot I,erider require3)
<br /> pravided by an in:�urer npproved by Lcnder again A,ce�n�cs nvailavlo and ie obtnined.Aarca�ver ehall pny tho premiume
<br /> required to maintain mortge�e insurnnce in efP�ct,ur to provido n loso resorva, until tho requiroment far mortgege -
<br /> •; �ns�rence end�in ec�orelance with any�vritten egrecmGnt hetween Borrower and L,ender c�r eppiicebl�lecv.
<br /> �� � ' '' 9.Ynepr.ctioa.L,ender or its agont mey mak.e reasonable ontries upon and inspectione of the Praperty.Lender ehell
<br /> , . .%,,.�, givr�Hnrrower notice at the time of or prior to en inspecttar�epecifying reasonubla causa for the inspection.
<br /> �'"�� � . 10, Condemaation.'Tha proceeda af uny awerd or claini tor duma�es,direct or consequentIal,in conneetion with
<br /> r'� uny condemnntion nr other talan�of nny part of the Pro�;.rty,or for conveyunce in lieu of condsmnation,are hereby _
<br /> assigned and ehall bo paid to I.ender.
<br /> ���- In tha avent of e total teking of the Property,the praceedo shsll be npplied to tha sums secured by this Security =
<br /> •; 5��..:. �
<br /> ;;;�� . Instrumen�,whather or not then due,with any ezc�paid to�orrower.In the evont of a partisl taking of tha Proporty in
<br /> - which tha fair markat valuo of thn Property imm�dintely'before the takin�ie equal tc�or greater than the amount of the
<br /> sume secured by thie Sccurity Instrumant immediately beforo the taking,unless Borrowvr and I.ender otherwisa agrea
<br />. . � '''� in writing,the sume secured by thie Security Inatrument shall bo reduced by the emount of th�s praceeda multiplied by _
<br /> the fallowing fraction: (a) tha total amount of the sumo secur�d immediutely before the trikinB,dividsd by(b)the fair
<br /> '°'���" cnarket valuo of the Property immediately betor�the taking. Any balunce shell bo paid to$otrower. In th�event of a
<br /> �"'` • � �rtial takin oP the Pro rt ln which tha fair msrket valuo of tho Pro rt immediatel befora tho takin is less then
<br /> �.,�.,. P � Pe Y Pe Y� Y 8�
<br /> ;..,,;.! , the nmount of the euma secured immedintely bofore the taking,unless Honow�r and Lender otherwise ageee in writing
<br /> ':�'•`'� '� or unlesa applicable law otherwise provides, ttze proceede shall be applied to the eume secured by thie Security
<br /> ��;,=— Inetrument whather or not tha sums asa then dua.
<br />_=�`�?� � If tha Property is abandoned by Bflrrower,o.r i[, after notica by Lendet to B�nower that the condamnor offere to
<br /> �°'�:�� maka en award or settl8 a clnim for damagas,�arcower faile to respond to l.�nder within 30 days after the date tha
<br />-�z.,,��,,._-''_— notice is given,Lender is suthorized to collect and epply the proc�ede,at iYs option,either to restoration or repair of the
<br />=.�r�a� ProF+erty or to the sume secured by this�ecurity Is�etrumont,whather or n�t then due.
<br /> '.�'�'"�¢ Unless I..ender end Borrower otherwisa agre�in writing,any application of proceeds to principal ahall not extend or
<br /> a
<br />,;;,�}�, � �` postpone the due date of tha monthly paymonts r�fened to in paragraphs 1 and 2 or chnnge the amount of euch
<br />="_�;., paymente.
<br />_�:;�;�� 1!. Borrower Not&Zeleesed; Forbe�r�ac�By Lender Not a Waiver. Bxtension at tho tixne�ar payment or
<br /> _-- modificat3or af amortization of the aume secured by this Sc�urity Inetrument granted by Lender�to any auccessor in
<br />=°-�=�•U`� intcrcat of �orrawer shall not operate to release the liabili2y af tho original Borrower or Borrower's successore in
<br /> _ ��� interest,I.ender shall not ba required to comme�ca procee.dinRs against nny successor in interest or refuse to extend
<br /> -= timo for payment or otharwise madify amortiz�tion of the sums securui by tlue Secu�7ty Instrument by reasan of any
<br />°•-_- - demand made by tha ori�inal Aorrower or Horrc�wer's successore in interest.Any forbearance by Londar in exercieinR
<br /> ��---�- any right or ramedy ehall not ba a wAivar of or procludo the axercisc of any right or remedy.
<br /> _- l2.Successora�nd Asslga3�ound;Joinz�ad Several Liability;Co-siga�ra.The covenents and agreementa
<br /> — of thie Sxurity Instrument ohall bind and benofitthe successorr�and dssigne oi Lendar an�Borrower, subJect to the
<br /> v� �rovieione of paragrnph 17.Donower's covenente and agreemente ehall be joint and saveral.Any Borrower who co�signe
<br /> ttile Security Instrument but does not axecuto the Nota: (a) ie w-signing th�a Secu�ity Instrumon�t only to mortgago,
<br />':`��� gr�nt and convey that �orrawar's int.�rest in th�Praperty under tha terms of thie Security Instsum�s�a; (b) ie not
<br /> porsonally obligated tm pay the sums eecured by thi� Secur'sty Instruniant;and (c) egreea that Lendar and any ot�e�
<br /> °.- Bonower inay agta to axtcnd,modify,forbear or make any nccommaduts�ons wtth regard�to the termo of thie Securi2y
<br /> = Inetrumont ot the Notc without that�or.rowor's conocn�
<br /> _= 13. Lotu ChRr�es.If tho lonn Aecured by thio Security Inetrument is eubject to a law which sete m�imum lonn
<br />_- __- � chnrges, sad that law is�innlly iaturpreud so that tho interest or other loan charges collectod or w be collocted in
<br /> connec4ion wi4h tha loan excead the permitted li�its.then: (a)aay such loxn charga ehall bo reducod by tho amount -
<br /> nec�seary ta reduce tho charge to the permitted limlt; and (b) any sume already collectod trom Borrowar which
<br /> -_�� cscoeded pormitted limira will be refunded w Horcower. i.ender may choor�o 2o me!ce t�is refund by rodvcing tho
<br /> --_ = 1 princIpai oa;.3 unde:il�.�iL'�te�r by mal;in�a Jirat pa;ment to Barrower.It a refwid ce�lucr.s principal,the redu^,tia�
<br /> will be treated as a partial prepayment without any prcpayment charga under tho Noto.
<br /> -�
<br />
|