|
. . . . , .....�.� , °Tf �� n» t»,:�:.- 'r;`....�`. 7�e?qta"�''k1 .
<br />.. F..�
<br /> . . � ��
<br /> , � � 8arro�rcr rc�aq curo sucfl n de�uft and re'.n�tate, as pauvldQd in pr.r��grapn 18. by eaasing tAe e�Con or procaedng to Oe ��
<br /> �, �srtdssed with e ru7ng thet,§� La�der's gncd titA determsr�aUOn.precludes fort:.ituro ot tho Barrower's intuesT fn th3 Rtop�rq�or
<br /> o3h�maimt�l�paL�nent o4 the dc►�tteat_wJ by ttits Seuuttyy InsLument or Lertdera securiry irrteresL Bar►ovler shaA atso be In �`^�
<br /> d@1lUlt I�801iOWCl,�7�6t�tt18 I6itf ipp'k�110fl plbC839. QitYB rtiQtETl�Ly fafSB Of UtYCCUiBtC 6110Ai1a11GR Gi St3i&itE�t3 t0 LEnd�(Cr �„�
<br /> fef�d to rovtde l�d�r wAh es� matc,it�l Intamallan in eonnccUon +Yfth the lo�n �denead tho Note, indu�Sn , Out not �"��
<br /> � P Y ) �Y 9 � E�•:-.
<br /> � ' � f�rruIed to. rs�resar►gtians eanErm�g BolroweYs oeeu�aney o! tho Rroy:.rty as a prinetpy restQance. If this Securtty�
<br /> =- trr�u,�t � cn a t�ae!-'�. �s�� �r�r ::m3s �t!��a.�� a!tGa :�„a. B Fa,�ra�..°��s'aes ttr tii:�ta t^N � �,_'
<br /> Rraperry.the teaseAaid u�d ti�e t�a tNle sha8 ao!mrQo an�Lender a�Uo the merger In writing - _
<br /> � 7. �robac4ien �L�nde�'s Righb tn th� Pr�srty.it eorrower taas to pertorm the covmaxrts and agreerreents ��;
<br /> . con�ned cn m�s sse�y msoumena. or th�e t� a i�ga1 procee�np that mey slgntRcantiy afteci lend2fs dghts in Me Rv�eny � -
<br /> ` (sueh aa a proceed�np tn baniwpicy, Rrobste. tar car.demneilon ar fortefture or ta�farce laws o�regutatians), th2e Lender may ;•,;�::
<br /> � do�nd pay fat wttatever is neaes�ary to protect tAe vafue of the Praperty and Lend�'s dghts ta t�e Propeety. Lende�'s actlons� :�-.
<br />''� m�y Fnetudra payfng any sums aecvrcd by a F'icn which Aas petoriy over thts Secur(ry Instrument. eAPearing In eourt. RalMg
<br /> - �t3on�#o uti4mrys'fees aad er�r'sfg on the PropEtly to make�ia'vs.Aftl�aur� Lender may hake acUon urtder th�s par.igra�A� �,`y.
<br /> 7, Lencf�r doea not have to Qo so.
<br /> • Any errs�:nts d�Lursad by lender uader paragr�oD 7 sh3I1 becomo addltiot►ai debt ot Banawer secured by this Security -,
<br /> ,i tnstrutnent UNess Banav�er artd Lender a�ee to athu taems n1 pqymarrt, thesce �mountn shafl b�ar interest from the date ot
<br /> :.•'� �iusement at ffia Nats rate and si�s8 ba pay�ia w(iD tntetest.upon nottco fr�rt Lendzr to Benav�er�equesttng paymm�t �.'.,
<br /> ' 8. �OrQgIIgO IDSUfaitt;0. tt Lendru re�ired martgage insurance es a ccn�lan of maktng the toen secur� by this
<br /> �� ' 3ecudty(nstrununt Ba-rower ut�A pay thx prEm'ums require�to mainmin the mesc}ags Nsucanao k�efteci.t1.tor any reasnn.the =-
<br /> ��,:�?r' - -
<br /> , .,.., tttaRiR9�{nstsaneo cave�a��400 hy Lender(�pses or ceasea to bo tn otfed. Bartowel shs0 pay the pteiNums req�tUe�to --
<br />;.,, obLtf mvera�sub�nttaQy equNat�t to ffie mert�(�tnsurance previousfy Gr�tect,at a cost subs�ntiaQy equtvatent to the �_
<br /> ' cost ta 8ara�rrar of th2 mcRgage(nsuranca predouary tn eHect,hom an altamaio martgage ErtsurEr approved by Lctttdet. B ��;���.
<br /> aubnaMia�r eqt;ivalert mari9aSa insu�►ce ca�reag3 is aot avaRabte.Barrower shafl pay w Letd�each ma�a snm equal to =__'
<br /> one�twwettft�s.o!th2 yaady em�tgage fnsurar►ce prer�un tedng pvd by Bomower wli�tha insurancra ca+r�age tapaed or cwsed to ��:'
<br /> be k►siFrdt. Land�vr�aceept. use and re�tn these paymeiRS s�a[o�a rnserve in Q�u ot merttg�qe insurance. Loss resenre ._,-
<br /> ' payment.�cn�y rto(enger ba reguired.at 1,1e option oi lEa►dea�U mcc2ga�e(nsmattCe covetaQe Qa'ikra arr,ourtt snd tor the pe�tod —_-
<br /> -' , 1P�at Lender reqidcasj pR+ided by an tnsumd approved by Lender agaln 4eccmes ava7ubte and i3 ct�trtc�et. Sonower shal!pay
<br /> �`--
<br /> tho ptemktrtts respritr�d tfl maintaln mortgag�fnsur�nce Fn effect, or to provide�Icss res�vq r�ti!�rrs rc-quL�t-r�t tor moRgage
<br />,- ... Nsur�ce ends 4t�ce artih atty wlfGen agre�nent beN�esrt Berrrowa.and E�*.der ar�tie�e. �-�
<br /> �.�;;•'�. 8. tnspseYfa�^�tend�or Rs agent may mafce reasorsMte c�n7:es upon and fispectlans d.�t�:re ts-s�ty. Lende►shaU give �..
<br /> Bortaxfit nWca Gt tfa t�me of or pdor to an inspedlon specHyUzg c�;anebte cause for the ina{�cth�s. —
<br /> � 10. f:oltdtt�llT�flon.The p�oceeds of any award or�tt t^.z damages.dicect or cor�u�Ua1,In co�necUon with eny =
<br /> . . conderre�atton or ai�,ar mtdng o!any part o1 Ehe Propesiy. or fcr aa-weyance in Geu o1 condemnatton.aro hem.hy asstgned and =
<br /> � shaf ba pakl tp Lender. �..:_
<br /> � the eveni of a totel Lsidnp o1 the PrapeRy, tho pror� ahaU ba eppBed W tAe sums secured by thTs Secvrity �"°_
<br /> • � tnsuun[enf.whather or not then due,wftt►atry exass Fald to Bt�aK�. in the erart o4 a parttallakSng of tlfa Ptoperty k►whkh �. ..
<br /> � the i�rr.�tket vaSue at the R'operry Unme�atety 6elotc3 th2 t�sl.np i:+eqttel to or�eater tfian ttte amourrt ot the sums seraned �''
<br /> �t by tf�¢ Seau�'ly (natrument knmediat�ty Defore the tdd.n� ua1s�8ortower and I.ender otheswlse a�ee in mWng. the sums
<br /> `•.:, secuted by tt�da Eeautry Insaum�t!sha0 be red�tc�i���mnc�mt o1 tha pmceeds mufttpUed by the folnwirtg�t�cfion: (a)tha $
<br /> ' G- total amoutrt dt tt7r.s:ma secured trsunedtaf before tY:a taldn mvided b
<br />, ... �,► s. y rof ma rer►r�c�+an,e m�ne�a�y►��h► .'�,<
<br /> ;:';;,,;' beforo t�e t�idtt�(3ar;�ce sflaU ba paisii}to Bartower.In tha event oT a paz�]�fdng o!the Prop¢rry fi whtch tAe f�muket ; A��°•=
<br /> . �� vatuc ef•ths Rro�serty tmmedfatety beforo th0 tck4�g is tess tAen L+!�amount of 4tm sums se�wed trnmedlatety before the takhq,
<br /> ���`�`°�� urteaz �o�rower and Lsnda athervrtse a tn writtke or urttr,�s •
<br /> ::;:;:i;;,.: � kt9 BPAF�te taw otherwtse �p�des. ffie proceeds sh�Y be
<br /> ap�4 it�Cs iha suma secured by thts Securfty(natrument whether or not the sunss aro then due. ;�J�,
<br /> .;'''�: If tls9 Ptoptry(s�ndoned by 8ortaw� or if,edier notice by L�tde�to Qa�Nrer that the cendemttor eftets to make en =�=���
<br /> awerd pr aettfe a c�im tor damoyes. Borrowe►feQs to%gpond to Lender w�c 30 days atter the dite t''a�nallce fs �ven,
<br /> LeridG�is authotSzed to eodac!and appty the proceeds, at(ts a�an. dtiter to restr�t�tlan or ta.ps(r o!the I�aty or to t!►a
<br /> . 1. surrts a�a,.•uced by Wa Secwtiy(sfstrumeM.whether or nat then du,o. �
<br /> � • !'�ss Lendar �d Barrawer othe±vulas agreo (n vnWng, srayr aPRBcatton of procasda to pdncipa{�shaD not c�Reic���� � *
<br /> � . ..
<br /> � ' pea',xe,nra tno dae drU of the monthy paymernts re(emad to(n pa��pha 1 and 2 ar change the amaartt ot sue!e pdytn�ta.
<br /> .�:��� ��. Bvrrmat�.Not Rsfeatad; Fo�tQacsrnc� By Landar NM a 1Ms+ivar.Ext�sion ot the tri�4or pnyma�s a • ___
<br /> ,- ' ma�r o!1imm�n'Jon of ths sums aecured L*�thia Seau(ry(nstrument�r�by Lender tq eny sur,c�snr in krterost oi
<br /> � �';;' ; 6ort�x�.'�ti9�'r�g�rato to retaase tha tt�+'ry ot the oripin�!Borrower a Be�**a�rer'a cuccesaas tn tnterost. lertdar dhao not _'
<br /> �,..��.% � be �d to cCL;`.ence proceadtnss ayeUfst arry suecessor tn interost or rofuse to e�dend tlme for payment ar otherwise
<br />'��`,�'� mo��:�iir'.ortlt�Lbn�t ihe sums sewred by this Security Instrument Oy reason of arty dwnand mr«�e by the origfnal Borrower ar •
<br /> " Borrow¢i's succes�a�3n trrtxeat Arty forbearartce by t,ender In exerdsing eny rtght or re�rs�y�shall not be a waker ot or
<br /> �._� . � predttde ths exerdt�m�t�t•atry tleht a remetJy. _
<br /> 12. Suca�.ssr�r,�s-a�nd AsclQns Bound; Jolnt and Sovatal fa5�bility; Co-sisrc�css.�a cove�unm Ana
<br />�. .� , �greementa of this 9�::rf�/tns�ument shaA Wnd and benetit the successors and assigna ot ler.cter srtd�tmower,subject to the
<br /> . pro'Mtans ot paragaph 17. Bortower'a caverunta an��greemeat.s shaG ba Jofnt and sQ+aral.. lti.ay Bortower who co�s thls
<br /> . Seautis,��h�sbvment bu!daes not execute the[Jota: (a)W co-sig�~.hr�this Security tns7rument on(y to maLqsqe.gn�nt and wnvey
<br /> thrt 63.i-aw�x's h�tsr!.�st tn t�e Prapary under the te�ma o!thls 3e�anitY fnstrumer� @) ts not person�ly a�II�atee to pay the
<br />� � sums secured by �:'�I�SQCUrfty Instnunat� an�(c}��es that L,r�der and anyl ather Bortowa may aga�tn extend,mo�iy,
<br /> totbev or m�ke a�..,�xortmadstlons wftA reqardl ca the tsrms of this Securityl fnstrument ar the Note wiUx.wiG thot Borrowet's
<br /> aonsc�i. , —_
<br /> ' U3':. �.oan Char f. H the Ioan secured b thts ``
<br /> QY y Securiry InsUumant is subject to c l�ae whicN seta mrxtmum tou�
<br /> � . cher(�, and that law is M�Yy tnterpreted so tfial tfie Grtere�t w other Iwn chv9es coYeote�c.r to De coY+ected in connecSion =_'
<br /> • � wlth ihn foen exceed the permftted limiis,thrn: (a)any such toan charge ahall be reducad by tAe amount n�^„es3ary to reQuce �� �
<br /> � . � the charqci to the pennitted GrNC end(b)any s�lmo eUeady coYected irom 8arrower wh(ch exceeded ptmsftinr�Qmits wW be —
<br /> . rchmtkd to Bortower. Lender may chonse to m�a thia retund by redudng U�s�rirtdpil owed under the NeU,at 6y making a
<br /> • dtrect payment to Botrower. N a retund teduces pdndp�, the redudlon w� be trented as a partlai prepaymerrt aritheut uny
<br />
|