|
� " ; ' �•�`;:3�•.• . , - �,__
<br /> .�i�
<br /> `�• . ..,
<br /> ..w,:A!,y�i _ � . . V�y��, , �...... • ,,.._
<br /> .i .��+e:...- . . � . . . . . . . ... . - . .. � .. . �...---=.r��° -0.-.aiUr'��x.n�OaVM�•:
<br /> , .,
<br /> _.-. ._ .� �v.�.W_S�LLNa...,.�� _ _._.... .. . ...... . ' . . .. -
<br /> . �
<br /> ���p_� . �r.� 4.Jar'�
<br /> S�a'�����1h�'dffNlTwm��;
<br /> , . _.. . .._ �6,. I,Oj.�`�'2. .... „••t-.'..�,Y�. ,_
<br /> � , � . _
<br /> payments mny no lon�{r.r be required,at thc opuon of Lender,if moqgt�e insur2nce caveeaBe(in thc nm4unt and far the period
<br /> thtR C.ender requireS)�rovidcd i�y an insurer npprovetl�y Lcndce ngnin bscancs avttilGble nnd is obtainccl.Bos,�ovrer shal!pay the _
<br /> ' Qrcmiujn5 req�ued to m�intain morflaa�c insiarance in cffcct, or ta provide s toss rescrvo, until thc requiremr.nt far m.�ir�vagc :-
<br /> insurnnce ends in c�cc�rdance with enY wriusn a&recment 6etween Donower nnd l.endcr aa nppllcabl�law. , �
<br /> 9.Y�sp�ctton. Lender or it�agcnt mny mat;a r�sonable cntrics upon und lnspccUons of thc Pro�erty. Lender stutll�ive �,
<br /> Borcower nodca al the dme of or prior w an inspectfon apecify[n8 reasonable causo far the inspecUon. .
<br /> 10.Conefemnation. The proceeds of any av�ard or clnim for d�unnges, direct ar wnsequcntlal, in c�nnection �viti� oiny
<br /> ' condemneflon Qr other taSdng of eny part of the 1'ropeity,or for conveyanc:c io lieu of condcmnauon,ara t�cr�y �Wsig�r,d nnd ,
<br /> shall(ae pafd to Lcndcr.
<br /> ,,,�;. In the cvent of n total tnking of the Property,thc proceeds shztl be applicd to thc sums sccurcd by lhis Se�urity Instn+m.r,nt, � '�. ,. .
<br /> ' � „�, whcthcr or not then duc,with any exc,�ss paid to Borrower.In thc event of a partial taking of the P,ra�crty in.wtur,h�he f�ii market
<br /> . � � value of the Property lmmedl�lusly f�fom the takir►g is equal to or greater than the sur►ount of Qio sums sac�ir�d by t6ia Secuiity
<br /> Inscnurnent immcdlately befare tt�r, taking. unless Borrowcr ond I.ender otherwise agrce i�► writisig�the sun�s s�cured by 12�is
<br /> I Security Jnstrumen�rhall be reduced by the amount of the proceeds multipliecl by the follnwing fr�cdon: (�) �a total gmuunt of „
<br /> . � the sums secuced in►mediately before the taktng, divided by (b) the fair market value of the Property in�m�.di�tcly bcsfore the �. ,ti; �:u : :., _
<br /> takin g.My balanco shall be paid to Borrower.In Uic event of a paidal takIng of the Property in whir.h ihc;t'��tx n�arket value of Ihe :., :.,;I,;�f�'��`�.:_
<br /> :.�lu:.�:�..,.
<br /> � pcoperty immediately beforc the taking is lesa t han t he amount o f I he sums s e c u r e d i m m e d i a t e l y b r,C a r a i h e t a k i n g, u n l e s s , '••;«;;���,R,:
<br /> , � Boaower end Lendcr otherwise agree in wri►in8 or unless applicable law ot�envise provides,thc proccecls shall be applied to the :.;: . `�:'�'�""
<br /> •,it�5�r'����!;�:��1:=
<br /> �� sums secured by this Securlry Insuument whethar or not the sums are thon dae. ,.;;:::������ -
<br /> r_�-�
<br /> ' If the Progrrty 1S ebandonecl by Borrower.or if.atter nodce by Lender to Boaower that the condemnor offers w make an .,��;.�_..___
<br /> ..C� .�.J i_.�-.- -____._
<br /> ' award or settle a cL�im for damages�Boaower FAils to respond to Lender wit�ein 30 days aftea ihe date ihP noticu is given,Lend.er ;,�� :_
<br /> � �'� is authodzed to coltr.ct and apply the proceeds,at its option,either to restnratian or repai.r of the Property or to ihe sums secured ' .ip ���. �� -_
<br /> . .,1�;.;,,,_�,—-
<br /> ; 6y thrs Securlry Instn�ment,whether or not then du� �,.:� :•--= --°°
<br /> � i:'. Uu!rsss Lender artd Hairower otherwise egree 1n writinS.aa+Y�PPU�tion of praceeds co Rdncipal shall not extend or postpone ..�u:u°�--
<br /> "� thc du.�date of the monthly paymEnts refearcd to in pa�regraFh�1 r�d 2 or change the amount of such p:yc�nents. � •�-��. _
<br /> '�� 11.Borrower Not lteleasedi Foxbearan�e By l.ender Not o Wat�ver. Extension of the Gme for pAymant or modific�tion . ��=�'- =.-
<br /> sed ..,++�r±�n..,
<br /> � of amortizatlon of the sums secured bY this Security Instrument granted by Lender to any successor in interost of Borrower shall :-,�r,.�=.�=�,i::
<br /> , not operate to release the Itabil9t��of the origin�Borrower or Bosower's successors in iat:resG Lendrr shall not be required to �'�`•1��;
<br /> `.#� cammence proceedln8s a8ainst a.nY sua.essor in interest or refuse w eatend dme for paymeni or otherwise modify umortizadon of :,_
<br /> .;�� the sums secured by this Securlry Instrument by m,�son of eny demand made by the origintil Bomnwer or Boaower's succeasora „�
<br /> ._ ��.„.,.,�,A��f�rhrarancc by Lertder in exeacising any right or remedy sh�ll not be a wuiver of or precicde ihe exercase of any _ ,;,�, _ _
<br /> , � � right or remedy. '
<br /> 12.Successorn Rnd Asstgns Bound;Joint and Several Linbitity;Castgner�. The covenanis and agreements of this
<br /> Security Insuument shall bind and benefit the successors and assigns of Lender and �orrower. subject to the provisions of }
<br />___ paragaAph 17. Horrowe,z's covenants and egreements shall be joint and several. My Borrower wtso co-signs this Securiry
<br /> Instrument but does not eaccuu the Note: (a) is co-signing this Secudry Instr�ment only W moitga,ge,griu►t nnd convey that
<br /> •:�:yr�:..,; ` Borrower's interest in the�'rope►ty under►hV terms of this Security Insuument;(b)is not personallp obligated to pay the siuns ,
<br />.;.+�nhQr";:`'' ;��. securnd by this Security Instrumen�and(c)agrees that Lender and eny other Bonowcr may agree W oxumd,modify.forbcar or
<br /> °;���� '��' ° make any accommadatIons with regard to the terms of this Socwity Instrument or the No:e without that Botrower's caasan� �
<br /> "��.;:;µ:r � 13.Los�n C6Arges. If the loan secumd by this 3ecurity Instrument is subject to a law which acts meximum loan chargee.
<br />`�`r;�"•- and that law is finally 3nt,e�rpreted so that the ins�aest or other loan cha►ges collected or to be callecte,i in connecdon with the loan
<br />-' ..�.�_.��n,'.�. �i ��
<br /> :-.s�T_ Y�, etceed the permiqr,d limits,then:(a)eny such lonn charge shall be reduced by the amount necessary w reduce the charge to the
<br /> -��:;:,:;�;;�;: permittal IimiG and(b)eny sums�lresdY collected from Borrower which exceeded perndttai limits will be refundecl to Hotrower. ��
<br />- "'_..:�;� Lender may choose w make this refund by reducing the principal owed under the Note or by making a direct payment W _
<br />--`---
<br />
|