|
..�9�1�J� __ _ _ _�'ST . 'il�,.��. "__ _—_—--_ .�lPR}f[�ii��.�e:��.��_��_�__- —�.� � '___.` '_.'.
<br /> M �!
<br /> —" -- r �r���F.3�� .t.w',j"1 r_ . - -
<br /> ' �Y��?kYJ,�TRtil,� _
<br /> ���� ,,�
<br /> ..
<br /> . -�5'Y.{l.wl:u�F. . ....�.___.. _. "�
<br /> . r
<br /> " 92! 10184 � _ _�
<br /> 1 ..., � .; ,��
<br /> ,
<br /> ����=:..��� �
<br /> ���t;
<br /> •����'*��,.,„: �. condemnution or�xhcr taking of uny purt ol'tlx Pn�peny,��r tar conveyuncc in lieu af rondemnu�ion,urc hereby ucxi�ned unJ
<br /> - ,� '"' xhall lx paid�o l.cnder.
<br /> "...�' •�'°,''` 4,,j,���: In the evcnl of u t�HUI taking of ihe Pmpcny, thc pra:ecdx xhull be applied Iu Ihc tiumx ticrurcd My thi� Sccurity
<br /> `�"' '� Intilrumcnt.whelher ur not then due,with uny exce+�puiJ to Borrower. In�he event of u purtiul iuking af Ihe Propeny in
<br /> .c,;...:..� : which thc 1'uir murket value of thc Prapeny immediutely hefore the�oking i�equul io or g�eutcr thun�he umount af Ihe xum� �...
<br /> ,� ,, +�ecurcd My ihi�+ S�xud�y Intitrumeni immcdiutely bcfore thr tukin�,unletix Borrower und Lrndcr whcrwitie ugroc in writing,
<br /> . ,••-� ,,
<br /> � , �"4��i�'�`�" �he sumK �ecurrJ by thi�5ecuriry Inx�rumeot tihull be reduced by �he umount of the pmceedx mul�iplied by the follawing
<br /> .. � �---- tmction: lu►�hc lotul umuun�uf thu.um,�cured immediatcly bcfon the tnkin�:,diviJed by(hl thc fuir murket vuluc of Ihe ��_T. _ _
<br /> .^ " . ^ propcny imm�:diutely bePor.: �hc taking. Any bulunce shull be paid tu SaROwer. In the event of u purtiul toking of the _
<br /> •. �' Prop�:ny in which tlx� fnir murket vuluc af the Prc►Exny immrdiutcly t�furc�hr�uking is Ics.tBun ihc um�wnt of�hc sums
<br /> .�„__,,;;�.:, �ccured immcdialely hefare Ihc Iuking, unless Bnrrowcr and Lendcr otherwi.r ugree in writin�e or unlcy�upplicuble luw _
<br /> � atlxnvi�c providrti,the pmceeds xhull hr upplied ta the xum��ecureJ by this Security Inntrument whr�her or not �he zumx ure
<br /> �,-__._
<br /> ^„ . thrn due. -�--
<br /> .: . ., .
<br /> � If Ihc Property i.uhundoneJ hy BoROwer,ur if,aftcr nu�icc by L�nder to sorr��wcr thut the rondemnar offen t�►mukc _�.,_
<br /> ,
<br /> ' � � " �`'�. � un uwurcl or setdc u cluim for dum•r�ec..Burr��wer fuil�w m.pond to l.cndrr w•ithin 30 day,ufler�he da�e thc nulire i,giv�n. —
<br /> �- -,_�.. �.
<br /> •��•�' - Lendcr is vwhi�rized lu collccl und upply the pnx:eeds,ul its option,rither to rc,rorutioa or rcpair of thc Proprny or ro the
<br /> - � ,, . ,umz�:e�ured by ihis Security Inxtrumcnt,whether or ncx then duc. !-�•�------
<br /> e
<br /> �--:---_
<br /> Unle�s Lender ond Borrow�r a�hcnvi+�agme in u+ri�ing.uny upplirati�m of pr�xced+ to prinripul xhall nat ratrnd cx �.,.�J_,�,._
<br /> �:`--
<br /> . � poslpc�ne the due Ja�e ut'tlx m�mthly�aymrnts refcrred�o in puru�ruphz I und Z or changr Ihr amoum af such pnymenl+. d_��.�__---
<br /> • . 11. Bo�rnwer Not Releu�edt Forbe�rance By Lender Nat a Waiver. Extemion ��f the time for puyment ar
<br /> u�
<br /> mcxliticution��i'umarti�.alion of the�um.+ecureci by thix Securiry Inxtrumen�grunted by Lendcr to uny succe,tiar in interezt _
<br /> � _ of Borcowc�+hall not operulc to releatir�hr liubility of thc originul B�rrowcr ar Borrower��uuessarn in interes�. Lender ___ _— _�_
<br /> , xhull nut be required�o ci�rnmence prcxeedin�!�uguintit uny .uccexxor in interext or refu.e w�x��nd time far puyment ur �, _
<br /> • ' , otherwixe maiify s►martiz•rtion of�he xum.secured by thiti Securiry In.t�umen�by rcuson of any d�mund made hy�hr original y ._
<br /> , BoROwer or Burrower� .uccestior+in interest. Any fnrlxurunce by Lender in exerci�cin�uny right nr remedy �hull not be a �._.:
<br /> ^ wuivcr of ar precludc thc excrci�c of•rny right or remcdy. :"F
<br /> � � 12. tiuccessars and As9lgns Bound:Joint and Several Liebflity:Co•ci�ners. The covenun�r iuul ug�ea:mcnts of this �:s°`;.'_�„�
<br /> . Seeurity In,irument+hull birnl i�nd ben�fit �he surcetitior.und ustiigns uf Lencier unJ BoROwer, xuhject to the provisions of �
<br /> s -------
<br /> �", " purngraph 17. Borrower+rovenunts and ugreement, .hall be joint und.everul. Any Borrawer who co-,ign� �hix Securiq� �:r_:_-�-
<br /> ' Instrument but�k�es not ezecme the Note: lul i+ca-xigning this Security Instrumem�mly to mongu�!e.@runt und convey thut . �S�"'�:-
<br /> �a:
<br /> . " Borrowcr+intercst in th�Prnperty under�he term�of this Sccuri�y In��rumenr. Ih1 ix not personully obliFatcd to puy�he�ums i;;..;�;';�__ '_
<br /> +ecured hy Ihis Securi�y Imtrunx�m:and Irl ugreex thut L�n�k:r und uny othrr Borrowcr m•ry ugrcr la cx�enJ,mcxliFy,fortxur ��:j��s..,,
<br /> � or muke uny nceommodationc wi�h rcgurd to �he �erm� ��f�hiti Secunry Instrwmm nr the Note wilhc�ul thui B�rmwcr's ____
<br /> contient. -�"°
<br /> „- --- - !3. l.oass Chsr�es. !f�hr I��an ,ecurcd hy Ihi� SccuritV In,trument i. ,uhjrc� tu u luw which+cts maximum loun o_--- -
<br /> , churgc.,unJ thot luw i+ linally interpmlcd+u thut the intem+t ur��Iher loan rhurgc�cullec�ed ur lo Ix rolkrlcd in conncc�inn
<br /> � with�hc loan exce�d ihr permilt�d limits.then: ta1 uny rurh I��an churgr�hatl lx redurrd by the um��un1 nec�..ary to reduce __
<br /> • the chur�r to the pennittcd limir,unJ(b1 any+wn.cdn�uJy cullcctrJ i'rom Barruwrr whirh rxrceded pemiilted limitti will he
<br /> . refundcd lo Bnrtower. l.ender muy rhixnr tu makc�hi.rcfunJ by reducin���hr principal uwed under the W<�te��r hy muking a 4 _
<br /> dirrr�paymem�o Borcower. If a mfund redu�:4s principal.�he reduc�iun will he treuted n�a paniul pn�paymrnt withiwt uny
<br /> • prcpuymem rhvrEc undcr�hc Nutc. '�"'" �
<br /> 14. Nutices. Any nuticc w Borr��wcr prnvidcd li�r in Ihi. Sccuriry In.aumrn� nhull Ixr�tivcn hy drliv�rin�: i� ur hy f-s�;,;��-`
<br /> �, mailing it hy tint clu.�mail unlcs,upplicublr luw rryuirr,u,�ul analhrr mrth�xl.Thc noticc�hall lx dirccteJ to�hr Pm�xhy �i�_':=-��
<br /> ' AJdmsx or uny othrr uddre,;Burrowrr dr.iEniurs by nuticr lo LcnJrr. An)� notice to L�ndrr�hull Ix�iven hy tinl cla.�
<br /> • mail Io Lrndrr.adJrc.++Itucd hcrcin ur any���hcr aJJrc,.LcnJrr dc�ignatr�Ny nuticc tu Borrawrr, Any n��iicr provid�J for �"__°`_-
<br /> � in �his Srcuri�y In,trument rhull Ix dcrmcJ t�� huve Ixrn Eivrn tu BoROwer�►r L.ender wtxn givrn i��pra�viJed in Ihi. — f_„
<br /> � . paragr•rph. ' ;
<br /> .' 15. Governin�; l.aw: tieverubility. Thi, S�curi�y Imlrunxnt ,h•rll Ix guvcrnrd h�• irJcral lu�v und thc luw at� th� `;°_�. � ':�.
<br /> . , juri,Jicticm in which�hr Prc,�ny i,I�xu�rJ. In�hr rvrnt�h:u any pr�wi.i�m�►r�luu,c uf Ihi.Securi�y In,trum�m or tlx N�Nc
<br /> � ., ri�nilir�,w•i�h applicuhlc law,wnc�ontlict.hull nut af(cr�athrr rrnvi.iin��uf thi+tirrurit�•In.trumcnt ur�hc No�e which c•rn ---
<br /> tx given effect withi�ut �he contlirling provi�ion. Tii thi+rnJ tix pruvi�ion. ��I Ihi,Security In.trurmnt+md�hr Nol� urc "-:;i;�;,,
<br /> declarrd ti�he�ev�rublo. �°;�,:`:,
<br /> � � 16. Borrower's('opy. Hurmwrr,h:ill hr gi�•rn unr runli�mirJ cupy�►1 tlt�Not�and of thi�Scrurily Imtrumrnl. �',:.�"`:_
<br /> ,,,,•., ,,.. ..
<br /> ��t,,,,+'�� 17. 7Yansfer nP the Propertv or u Bencficiul Intrretit in Korru�ver. II'ull ur am��art ol'thc Pn��xrty or any inter�+t in �: :
<br /> i1 is uiW or trnn�tcrrrd Inr if a Ixneticia{ int�rr,� in 13orto�crr iti.��Id ur�ran,f�rtcJ anJ Burn�wcr i�n��t a nutural�xr.onl .,,-',_, ._:.
<br /> • wi�hout Lcndcr�prior wriucn run,rnt. L�ndrr mav.at i1+optiun.rcyuirc intntrdiatc p+ivnunl in full ul'i�ll�um+,rcurrd hy ' � � --r--_. Y
<br /> . thiti Srcurit�• Imirument. Howcvrr.ihi.upliim.hall niN Ix rxerri.ed hy Leixkr if c!crrci,c i.pruhihit�vl h�•federul law a.nt' �.'��•'=='—
<br /> ; "�'"�--
<br /> ' �hc datc of Ihi+Srcuriry In�trum�nl. �. `�'
<br /> t �,�;• ; • IY LcnJcr cxrrcitic�d�i+up�iun.l.cntler�hull�IVr I;urr��wrr notirr uf arrrkr:Uiun. Th�null«+I�all pmvitle:��xl'i�x1 ot'
<br /> .>���'�
<br /> i• . , . na Ic+��hun 311 Juy.frum thc Ja�c ihr nulicc i,drlivcrcd ur mailyd��•ithin�tihirh Borr�n«r nu�.i pa) all wnn�ccurcJ hy Ihi� .
<br /> � Scruriry In.tnim�nt. It'Burruwrr faih �u puy thr.c ,um, priur lu ihr rspir:uion „f ihi. �xricxl. L�nJcr may invukr any �, . .
<br /> remeJicti�xi7niur�l h}•thi�ticcuritv In,trument��iih��ui tiinhrr n�i�irr��r d�mand�m liarro���rr. �.. ,
<br /> ' 18. RorroK�er's Rl�ht lo Reinztate. I1� Nurruaer ntrel, rrrlain ��mJitiunr. liurru���r .hall hirvr Ihr nght �i� h:nr
<br /> . . rni'cmrm�nt ��I'�hi+tircunt� Intitnmicnt di.r�,ntinurJ a1 :m� nmc pri��r iu Ihr �•:n�lier��t: �:u S da"�ur,udi��Iher�xri�xt a�
<br /> • timflc l aiud� •-Funnle�fuc Freddle�luc l\IFOR�I I\ti'IRl'�IEY'1'..1 mluim c'„��vcu�a 4n111 �/aie�•J��I n/�.�ei•�� ,� ' .
<br /> �.�,.
<br /> i
<br /> i
<br /> I
<br /> !
<br /> • �
<br />
|