|
�ar�- � _ -=_-
<br /> � . __�.—_. . -,::..�.�..-�_� —-�-- - - - - ---
<br /> _ - - .}- _ - • -- -: ,�, -_ =- ---
<br /> . ,. .,.. .�1�.R..,..
<br /> � .�y . �.._�..a.,'r•_"�.�..... . ..., ..-..-.. ...s•—aq,�.,.�ti. ._' '".. , . . . .... _ ... ._ � ..__ -- —__—_ ,.
<br /> . . �: . . , '�''�_� _ _
<br /> J'����.�}:��'_' . . � . i� e �,•:..—.=_=__aa!i!fCu—
<br /> i . . . �
<br /> ._.�x mrs-- � . --..�..a .----_.
<br /> ...---_-=_�?E:' _. . . . . . , .... _.-.-�c--- - - - .
<br /> . . .. .. � ' , . .'t"1!`,'�i.{{�`_�`?_ _
<br />'.��'� '- �.-«.:-.. ..:..�,..., . . � „_. --__'— _ ' _ _—' _-___ •- __�.
<br /> � =`-�'=�'°�°-�'� ----
<br /> S�- �t���3 _.
<br /> paYnxnts m���nc�langer bc requirod.a thc optioa of l.�ndcr, if m��tFa�;r inwrancc ca�•erave(in thc wiwun�anci u�•the periacl
<br /> thzt i.eacter raquires)pravictcd by an insurtr appro�•cd by l.:ndcr aa;►i*�bccoh�es av�ilable aixl is c�bt:unecl. l3urrou•�r shall{wy
<br /> thc prcmiums�equirul t��maintuin�iwrtga+;c insur;rxc in eftect,or t��?mvide u lacs reser��e, until tt�e requircmenl Far morc�ago _.
<br /> inwrance ends in accordance w ith any wristen ugrecnKnt bctween Ba:�row'er�r►d Lendcr or a�splicable law.
<br /> 9. Iuspectiou. Leixler ur itc agcnt may rra':e tsas�:r ust..tirs u��surd in�pectic�ns nf th�: PropertY• l.ctuler shall p,ive _
<br /> Bortaw�er�wtice at the tinx of or priar to an insp�aon speci[�•i;�g reASa;atr'.e cause for the inspection.
<br /> lp, �;ond�nqtioa, TFu;pnx;c�l.i of any av:ard o:c1a:m far�:ar::a��:s, direst or consequcntiul, in connection with any
<br /> condemnztion ar othtr taking of any pah of the {'roperty,oz for coa•:ccaa�:e in lieu of condc�ima.tian, ure hereby acsigned atxl
<br /> st�all be paid ta I.Cndcr.
<br /> in thu eveot of u total taking af the Prc�peRy,the procceds s1u11 tx,a(�plied ta the sums secured by this Securiry Instntment.
<br /> �vhether or not then due, with suiy excess p�ld tu C�,-���iwer. in Q�w e•l�nc of a F►artial taking of the Property in which the falr
<br /> muket vslue oF the Property imn�ediately befare t6e taking is equ:�l ta or gmater�han the amcwnt of the sums seeurvci Isy this
<br /> Sccuriry Insirument irtunt�diuicly before the taking,untess BormKCr a�rc�Lender othenvise agree in writing,tho sums secural by
<br /> chis Security Instn►mont shaU be reducrd bY tlx anwulu of the p�coods multiplied by the following fraetion: (a) the total
<br /> amauni af the sums secured inunediatdy before the tzlcing, dir�ided M,r.�b)the fair marlet value of the Praperty inunediauly
<br /> before the tslci�g.Any balance shall be paid to Bormwec. Iri tYY; ev�r,t:of a partial talcing of tho Property in which the fair
<br /> market valuc of the Property imn�iatdy befone►he talcing is less c�tv ak�e amount of the swr.s se�ur�!imniediately before thc
<br /> taking,unless Borrower and Lender otherwise agree ia writing or urlass applicabk law othe►�ise provides, th�proce�eds slw1�
<br /> be applial ro the sums secur�by this Secuj•ity inuruma:t wtuther ur not the sums ue Cnea due.
<br /> If tht Praperty is absu►3000d by Her.rower. or if. after�wttte hy➢,-.sxier to Borrower that tt�condemnor offers to malce an
<br /> award or sritt� a c;aim fer ciamages.S„^arower fails to respond tu txs�der within 30 days a��r the dsue the notia is givect.
<br /> L�ender is anthari�ed to ao[6ect and apply the prccceds. at iu opti�a„ci:lur w ccstoration or repaie vf the Propercy or to the sums
<br /> srxurod by this Sa�uity[c.vrumenc, whether or not tta�.��u.
<br /> CTnkss l,end�r and &rcrower otiseerwise agree ic Krir;r,�c, :+r_y application of prooeeds to prin�^ipzL s�uaP.i not ea�tead or
<br /> ppsq�cine the due datc of the monthlY paYmerus refcrced to 4n�:u•��*�hs I snd 2 or change the anwunt ot's�;.,:h�ayments.
<br /> 11, B�roNw Not Rdeased; Farix�raoc�c By I.etuler No!t���raiver.Exunsion of the wne for payment or modificztion
<br /> o€3noortix3tion of the sums secvrod by tlzes Security Instrument ge�s�;t�d by Lender to siny successos in interest af Borrow�r shall
<br /> �pt operate to�se tlze�iakriiiry of t�c�iginal Bormwer oa Boarower's suco�ssars in intemst.i�esder shaip c�ot be required to
<br /> • oo�ntarnce pcocadings aYaiast aay sucoessor in inkrest or reSuse W exteod time f�r p�yment or o¢berwisc moc'll'afy amortiz�tion
<br /> of the sums sec�rod by this Saurity iYrstnunent by racon of.auy ctemzud m�de by the ari�cut BorroWer or Borrower's
<br /> successors in intaest. My forbe�rance by Leoder in rxercisin�an! right or reoudy shal! noc l�a waivu of or precludo the
<br /> exercise of aay right or rw�edy.
<br /> 12. Suocescoro snd AcdQoc Bouod;Joiot aad Severai I.ivbilitY: Co�ner�. The oovenuus and agrameats of this
<br /> Security Iasinunent shall bind swd bercfit the wccessors and,�ssigns of l.ender and Horrower, subject to the prov'uwns of
<br /> paragr.q� 17. Borcnwu's oovteutts�nd aQroanencs shaU be joint anl several. My Borrower who oo-sigcu this Socurity
<br /> �.. � �. u��. ra :9 w r.:a,.�,�rti�c Cwn�el�r i�ctn�rr�n�t�nly to mott�e. gtaot iod COOVCY�
<br /> . 1�tiU�C7ii wi uu2S iwi:�wwyw i..r . �-r • --. ---
<br /> Botrowes's ioterest in ttse Prnperty w�der the temts of this Security inununatit: (b)is uot petsat�8y obti�atad to pay ilse rs�
<br /> socauod by tlus Security Incts��m�r and(e!agroes tlu�t L,ender a�d any otha Horrower miv aatee w e=tead,modify.fori�ar or
<br /> �{ce any�000aunodatioas wiW rcgard co the terros of thi9 Security InurumaH or the ATote witlfout tt.at Borrowu's oot�t.
<br /> 13. I.an C6a�'�e�.If t6e loat�cocusrd by this Sa.�ucity It�rument is subjax W a I�w which aets maxinwm loaa cir�aarges.
<br /> acid th�t law is fia�lly interpnted so tt�t tl�e intecest or othcr luuu charQes collecced ot to be ooltected in connection vrith tht
<br /> !wn excced the pumitted limiu.thrn:(a)aay such loan dmtgc shali be reduoed by the irzwunt messary to reduoe tho charga
<br /> ta the pemtiuod limit:and(b)any swns alnady coilected itan Bo.-rowa which eacoeoded Pamitud liauts will be refunckd to
<br /> Botrower. I�es�du may choose W make tl�is nfimd by codncing the principsl owed under the Note or by malriq$ a direct
<br /> WY� W Borrnwer. ff a rtfutd roduces ptincipal. the reductioo will be ttratod �c a partial Pt�Ymrnt without wy
<br /> P�Y��'Se unde7 the Note. ,
<br /> 14.Notice�.Any aotive to Borrowrr provided for in this Security Instnun�nt shal!be givai by delivering it or bY ro�ilin�
<br /> it by first ctass m�il unkss applicabie law:oquins use of u�ot�er me�hod.The�sotice sh�ll be'directod'•o the�rope�tY Adci"as
<br /> or aay othec acldress Botrowu de.ignates by notioe to I.aader. Any aotia to l.utidet s2�ll be givea by fuu e�ass mW W
<br /> Lender's�ddt+ess stated herein or�y othcr address I.eader desiga�te,s by�wtice to Borrowa.Aay notice pe�ovided for ia this
<br /> Security Inss�va�eat shall be doemed to twve boeu givea to Borrower or I.�nder when givw as ptovided in this pangr�.
<br /> 15.Gerrsdog I.aw; Sevaability. This Sec�riry Irutrumeat shall be guverrxd by federal law �ad the law of the
<br /> jurisdiction in w69ch the PropertY is lacated. In t�+s event tt�t�ny provisior�or clause of this Seeurity�ncuumeat or tbe Note
<br /> eonflicts with apQlicable law.such c�onflu.t shal{mt�tfxt oUtier provisioas of this Sa;uriry lactnuna�t or th�Note which caa be
<br /> givea efEat wiWout the oonflicting provision. Ta this ead the pmvisions of this Seaarity Instrument and thc Nate are decluod
<br /> to be sever+�Die.
<br /> 16.Barowa�'s Copy. Borrowa shalE Ix:�givca one oonformed oopy of the Note and of tLis Securiry Inwwaeat.
<br /> Fom�3CZa 8d9iD
<br /> r�.�ora
<br />
|