|
,. .Y`� ., i• :.�+,^..i " � .:'��'�` � =i .i'... �to ' _ �v�`.-.ti�•' 1,-
<br /> j� -.Y-� ,�d•. � �.�_
<br />.-�-�`.�� _--:
<br /> ���-°
<br /> ' � Bcmower may ctsre suah e defaul and «4nstato. ua provtded tn paeagruph 1B. �y �ws(ng the aetion or pro�edng to be �'-^a=_-
<br />" dsm�,.ssed wfth a n��ng tAat,(n Lendr�e gaod fa�iti 88:chminaUcn,prec�udss for[��ra of the Barrowgr's interest€n tha Rroperty as �'_'�'_�y
<br /> ,t1,�,���,as,nsm o�cne�a►��y�n� �etu�fty Ins4umc�rt or Lender's secudry inte►est Barrower eha7 e!ao be fn �-�°`_.
<br /> `�' defsuti H Bcsrcwer. du►t�g th�iaan spp'�rllon prce�r.B�vo�i�tatso or Enaecumte Intam�tIon ar 32aierMants to Lend�(or ���• ';-
<br /> .�. Ca�ed to pravlde Lend�r�iih eny rt�tmial ls�io;matian) 6� conneGtnn x�Sh the laan �tdeneed El/ ms lYote. !ndudng. but nat �: _"`
<br /> �rstcs� to. r�presen�gians eonceminfl Ba�ro1�r�'s osr��sy at tts ��'t'f �s s C��'°-� resic�!�. q thLs Seautnr_ F�
<br /> lnstrumertt ta on a laasa4�id. Barrawer ahsif campTy Kiib a7 the provtsiens of tha tease. I} Bae�awz� acqu:rea tee titte to tt� �_,_=�:�-:
<br /> .�r; tnap�rty,thn faosenotd tnd sha ten titta sha8 not mgrga un'.ess L�ul�a�ees to the merger(n wdtsn9. •��� �;:-=:=-
<br />- 7.F��t�on of Lendor's iitgiits ta l4ero 66�a��Qrtyt•i4 Botrower taQs to perform tha cov�ttt9 a!td agreerrt�ts �='`--
<br /> :� conrd!ned in tAis Sea�sf�►tns2um�� or there fs a ta�i pmce+edng t?�ai may signi��►af.�t�sdci's dght3 h-► Gte R�st}f E';-==_-
<br />� (sucA as a atocte�rsg in bnriknqs2L7l.pmEate.tor cxtnde�-nnator�or farfe,9ure or to e�orc�Csws ar regu'�ons).then Lend�may� �.-,_,,
<br /> � do and pay tar vrhaSe�rer is necessary to pmteet the ve�o of the Rmperty end Lend�o�tghts fn the Preyerry. lander'a aettons� �-
<br /> may IneSuQa R��S �Y sums secured Cy a Han wfl(ch has pdari4y over thts Securt'ty Instrumant.aP�mrtrtg In court. payln
<br /> fe_-_,
<br /> 1 r�asar�bta attome��c'f�mid entes'atg an the Pmgen;r to rn�dce�ahs-Aitt�augh Lender rt�y take acSjon undu thts pr,ragmp ��::
<br /> ! 7.i.c�►de doss no4 haYe tfl do so. �= -
<br />��,;(r.� qrty smounts disbursed by Lender und�psuugmpf� 7 shall beeome add�tanal debt of BomsHer securcn!Dy thIs 3c �-�-�-•
<br /> lnsbume�t UnSes:> Hamawtx and lendt�agree ta othar tesms oi payma��ttnese amount,s sha�benr int�sest ltom the dnte of �;-,.
<br /> • .;f �8sbu�'�9 at t?te Ko4u iatv and sht3 be payahls,wY�h irtes�l,upan noLoe irom Lender to Ba►ea�e re�esii�rig paym�t- _ ---
<br /> •..;:t 8. Ma�o tstriuc�n�o. tf Lendv raqutred mortgage insurancs as a aon�Ian at mrkLig the taan aBa�ued by tAts u.`._u
<br /> SazurPTy tn�trumeni.Borrow�sha�{�ay the p�niumn r3��bo ma'.�5i the moRgnga irtsuhu�ee ir►e8ect It for arry reascn,the _`
<br /> :'�"4 martgage hsuranee coverage requked by Lertder Wpae�ar ceases to be in efiecl. Bortower sha0 PaY tne pr�mhtms�equasd ta �':--
<br /> ';;',�] obmn cov�age subs�ntL�[ty equivatent to tha mortgage insutance previousry in eited. at a cost substantlaIIlO e�lvatert to thQ
<br /> �� �� cost to Borrawc-� oi tho mvrtgage �nsurance prevtausy tn eFfect. fram an attanate mortgage insurer approved by Lendet. ti �"°;`�-
<br /> ;`,,.,�� substanti�f�/ equ6�!fni martg�ga insauance cavemge is nof avr�teh►e. Bortowet shaD pay W Lend�eacA mnrth e sum equal to �-
<br /> :.=;�(; anetwettth o!the y�t�mnrtg�n ins�tran�pretnSum b�rtg ps:d by Bortower when ifie tnsurance eovetsge tapsed or eeased to ---_
<br /> .;. 6e in tfleet. letsd���!acc�t,use and ralan Utase paym�ls as a loss resenre tn�eu ot moRgage tnsurartce. Loss•reaerve ==
<br /> �';;t.:� payments may no fong�[ra raqu:rad at tho opUon ef Lesde. (f martgage insurance cov�age Qn the amourrt end tar the pelod
<br /> �;,.;.
<br />-" � ��d� �q�tres)pt�ri�by an tns�rer epptovr�Ir�r taedv e�tn b�omES ave9abte�nd(s abTatned Borrovrer BdeD pay �•
<br />'�,'��,� tDe prettdums recui tred to�n m�tgzga irts+usa�i�tftECl.cr ta provlde a fass reseive,uM0 Me requkem�►t for martgnQa _
<br /> `;,:r,.,� insutartce ends in accardance with crrE x�.,en e�emne:t�2tweer P.,�mrrrEr and Lenda or appiicmtstn t�nr. �'�`;>
<br /> �- � � ► I�e►SRAg gNe �`-'
<br />�-�v—; J.isls;i8c�mn.i.azd�m 7s ager�i ray tnoke.r�o,-ta��Eo�.�.�upa,s sasd b.sp�cr.r aF!!�P9to��h,. _ _
<br />, ��� Bortowzr natke at the if�e o!or pttor to an(nspecitcst sp�cllying�ssna�fe�se f�r the fnspec�on.
<br /> � F t0. COnd6muII�`�if.The proceeds af eny arrar�or clatm tor damages,dfir�t or eonsequenL'a1. in canrtr�t►on with any
<br /> :.'�s; cond�immztton ar ai*.�s mfdng at arry part of the Rraperty. or tur cas�sreyanee Tn fleu W cond�n.ere hereby assi�►ed and
<br /> °�s sha0 be gF:,d to Lendzr.
<br /> `�, fn t4� eue� c9 a tutal t�g o4 the Froperty. tho pro� shafl bs app9ed m the sum� secured isy Ws SecutiiY �•
<br /> °;: (nsIItr.^a7b a�hbh�ar rs�t then due.w�ith eny exCeas p81d to Bortatt�!st. tn the event of a paRlal taldng of the Property in which � _
<br /> � the fair maricet vaL•:c-ds'fha Properry Unmed�i�yr b�re the�g 4s equal to a greater than the emoimt o!the sums sawrs� h�t�
<br /> ,:: , 6y thts 5er.�rily► Ins2�mertt (mmc�atetY before tho takJng. uniesa $orrower and Lender athewt�e�ea in wrfthg. the sums ��.r.;,
<br /> �.• °.�i` aea:re:t f�tlus Sat►�fiy tnstrument shaD he ruducad by the amo�et#�01 the pmceeds muitlpGad by tAe foYowirt9 tractlon: (a)the �+�
<br /> � 1� total+a�tst�at ths sums secured(mrn¢dfate:y botore the tBtdng,d?�'rGted bY @)the fatr muket value o1 the Property hrrneEkt�Y �;;,-,
<br />';�,��-{S _�_'::_
<br />., Ocfior¢��g tnklnp./�ny batance sha9 ba pald to Bortmver.tn the ev�t ot a partlal ffiktng of thu Proporiy!n which the far mazkz�i --__,_
<br /> '� ,f� v�o sA tho Properlsr tt�asdi�e'y 6etore tho taMnp tu Iess than tt�e smount ot tite mums secured irtm�atety bsfore tl�e tak&�g, j r��v„
<br /> ';':.�'. unS2ss @or�arr� cad•l:�anda athexisa agree in wtfling or untess app�cabl3 law othenn:se pravides. tha ptoc� �a8 ba ��`
<br /> ",, r¢�ta•91�e s��oua�by t�C 3�r lnabum¢�t whe'.her or nflt the aums c�then due. �:^`ti..'�.
<br /> . aPP '
<br />- "';� If fho Proycuty£s�kszldon�eQ 1��naower.or N.after aotlee�ttr�de►m Borrawe�that tNa eonderr�or ofla�:�meka e.�e
<br /> ' �� awacd cr s�la a ckcm tor da�r�sge9. Borcower f�s to respnnd t� �znde�wfthln 80 days after the date the notice is ghctn,.
<br /> �end�is�,�eriz�II io cp[e�t and apply tha D��eds,at its c�T�,eithe►to restoraUon or repa7 ot the Froperiy or to tite �
<br /> ' sums s�ed tri+tzYu��curi,y fnstrumenL whether or ru�t L*.�r dtra �' '
<br /> .. '��; l'R�s l.ender�rrd3 Borrow� otharwlse agt� � v.r,tiinm�. m+y apPflcaUan o1 proeeQds to pdndpal sha1 aot wRend or ��, �..
<br /> ' postpcx�a�a Que d�m ai the monthy p�ym�t��rr•�d ta•L^•(�.�graPha 1 and 2 or changa the amount of such paymer�ts. {��n'.�-
<br /> tit:.�a�tow�r N�t R�tea�add: F�o�-����t►4rFtnder Not s Walvsr.Extenstor►ot me tbne tar wyment or �-
<br /> .::'�_' modACatlon of amoNutlos�af tha sums seauod Cy thts Securi"�°h►�uument�ar►ted by lender ta an1 successor i�Intsrest at. �--
<br /> • �� • Borsawer shaf noi operate to reteas3 the A��'riy a9 s:�e orf�inal 6a�wer or BarrowePa suc.cessa;�U�hterest. Lende►sha7 nol �,
<br /> � �'':'•. , be raquYed to cammence proeoedir�gs ag�ir�st rr.�r succossor t» tntaest or retuse to �nd tGn:e for payment or otherw(ae
<br /> • _. . mody rnortiation oi the sums a�curad by this Se�curfty InsWmee�t Dy reason o!aay dm�d rtsada by the aripina!BoROwa or `;�5f.�
<br /> • Borrower's suceeasora in intereat My totbeorance by LenQer in exxcising eny �kjht or remcr�y aha0 nat be a wa7ver of or !,u���:
<br /> `.—.T-i Pradude the mcerche o1 any dgM or remecly. �._�.
<br /> 12. Succestar� and Asall�,ns�7ound; Joipt and 3ave�ai u�ii'riy, ��ners�.'��e cflYw,cur�cuid �__.,,
<br /> . � + ` a�ernents af thLs Securtty tnstrument sha➢bind end benefit the successoro and assi�a oi Lend�ernnd Borrower.aubject to the - ,;,
<br /> r prorlsia�s o1 prra�7►1R Bortower's covenams and a�e�.ments sheA be Jo�t sn4 seueret. My Bo�ver a"ao co-slgns thts �� w
<br /> • 3`� SecurNy Instrument!wt daes not exacuie the Nota. ;a)fs co-sl�ilng Ud3 Sectr�}7�metrr,ment ony to man�aga.*�t a,�d convey '`�•�
<br /> �+� is rtot pasw►a!y otJt�l[C�2d to pay tCre '`�•
<br /> thQt Bortawm'9 irtterest tn the Property under the terms o1 thig Securriy tnstrum�s'k (b) .�
<br /> t� aum�sacund by thl�Secwwftyy Insuuma�x aed (c)a�ses that LenAcr and any other Borrower mry agee to extmd. madiL�/; �'°"
<br /> � l., forbe�r or meke fury accommadattons wfrth regard to the tems of thts Securfty tnsaumerrt or the Note withoul that Bortorres°� �
<br /> • ti:. eonsertt �,..
<br /> � 13. LOitt Cl��ck7�y1A9. I1 tho toan secured by thfis Sewrity Ins�ument is subject to e �w whfch sc"s maximum loan
<br /> � oturges,an�thati Iiw is finaRy interpreted so that tho Interest or other loan chuges caNected or to be coRe�ted in connectlon ��•-
<br /> � w3th tho loan exceed the penNtted Qmtte.thm: (e)eny such toan chugs sha�bo reduced by tho emaunt necessary to reduce
<br /> the ohergE,+to tho permftted Qmt� a.�d @) eny sum9 elrsady coQeeted trom Bonower wh!cfi exaeded permitted fimits rWl be � ��;�
<br /> refunded 4o Boaov�er. Lender msiy chaosa to make this re'und by reductng the prlrtdpd awed urader the Note ot Dy rt�afdn�a
<br /> '" � d;reet pcyment to Boirower. B a �elund reduoss pd'ncipal, the reducUon w19 be tre3ted as a ?carttal propayment vrithout a�r =__.�--
<br /> prepayn�ni ch�rge under the IYate.
<br /> .�. 14. NO@CO�.My notico to Borrower pra�9'r�2 for In th3s 3ecutRy Instrurr,e�ne:shafl be given by dellvefer�it�.c�j r^.s�w�� �-
<br /> ;.��r' by tirst cfe�m�fl unless appYcabie Iaw roquUo�u�e o1 another method. The nu41�:sEeaU be dtrected to the P.-�asrry 6a;9:�� �_
<br /> or a�y othfa address Borrower d�igrtata3 by notice to Lender. My noUce to 4N:����a�a�L f:ra Qiven by first ctass r:wii s2a
<br /> Lendar's adctress stated heretn or any othe►address lender desl�ates by notice to£:r:vu��r. �rry noUce provided tor i^*!nr �_�.:.
<br /> Securiry Instrumertt ahaB bo deemed 4a hava been ghren to BorrowBr or Lender when glven as p.�vlded(n thfo paza�aph. —
<br /> : 95. �OVOfOelttg Law; S6verability.This Security (nsWment shsll b� povemed by tederai faw end the taw ot the
<br /> • • (udsdicUon in�vh�1�eho Property is (ocated. tn the event thal eny prov(sion cr asWuso of this Security tn3trument or the Nate �' ''
<br /> � conf6cts with ap���th9e law,such confllct shafl no'!fltfee!other provislons of t`a��ecurtty(nsUUment or tha Note whieh �s Lao
<br /> gNerr.�aYsct wlthoL�.:�a card7cting provision. To ihis end ffie.ptovistons ot thls Secudty Instn� e�t and the Note are d�r?aro9 to �,:-
<br /> . . . be�.�e+�le. � .:
<br /> 4t3, �9RL'ttstHO'S COpy.Borrower shall bo gfven ona conformed capy c�^�1e tVots a:d o1 this Sctn.-t.z�r,strument r�.
<br /> .. �
<br /> �-,;
<br /> ���
<br /> ' ��s.ueo�'r.�� v�so 3 0�s �s:--
<br /> �.�.
<br /> � r;--.
<br /> 9604Y �::�
<br /> �' y
<br />. . . . . .
<br /> : . :•h . . . . . ' . ,. ' � .. . • . . . � � • � •. ' . . '" . - ' ..
<br />.. " • � . .. .. .. � '. . i'� � . .. . . - . .. . . � .. .. . .. . . _ ' . • . . .� . . . .' • .-. _ . � '_ ..
<br />
|