|
, '��'�vt�^ �� . ; ' . ' ., . . ' . < < . .. ( , . . ' - _ .. . • —
<br /> .' ._� � ' �.• 4� ' ` ��` � � ' - ��_a._•�.._._ _.. -._. � _ _ _ - a
<br /> -_ . -a--r_ , . "'��-�t. � c-.��i.-.._-�s�� �-_� .. — �,. — _ ..
<br /> � ... '.. • ` � , a ' . . ��. � , � � ` •` � � � ' c' , , � t - � .r( <f ' -( ' ./ . 't,. i'�.
<br /> • . . . . . � � - . . . '. .� �.x � .. . 'o� ♦:
<br /> . . . . .CC. - ' . � . , � .:�� < . � . - �r . � o _,
<br /> _ , . `� , .. . .. `. ..`, . . r , u qm ` . 2 , , - ` ,
<br /> • ° � � � - - • `o- • �- E 'e. r. . . _ , . �} _. °
<br /> , . ` � � - - • . 'iF - _2.s �._ .,....... 1_: ��' , '4 .
<br /> , . .. • f,•,'<e� . 3fi_':.
<br /> ,+..
<br />. . �. • � `�:ti
<br /> ' ��� ������'4 �I, 4'4 ` � �__
<br /> �`i��,..'( `••.
<br /> payments may no longer be requnred.at thc option of Lender,if mortg:+ge imurance rn�erage 1in the amount:uid for thc p.riod °f � , ; �•`-
<br /> that L.ender requires)provaded by an insumr appro��cd by L.ei►dcr ag:tin becomes av�itublc and iti obtuincci. Borrotver shall pay ` ' _s_
<br /> .. L.. -.
<br /> the premiums required ro rnaintain mortgage insurance in effect,or to pnwide a lass reserve. un[i! the r��ui�ement for mortgage . _
<br /> �� - i������in��ze�vith any�vritten agreement betwcen Borrower and Lender ur applicable law. _ - - -
<br />�• g,I n s p P C b ton. L.ender or its agent may malce�e�anable entries upon and inspections of the Property• L.zndet shail gi�'� , ��: _ T
<br /> ' Bnrrower notice at the ume of or priur to an�nspe�.-tion sperifying reasona6le cause for the in�pection.
<br /> Y r`,'.' .,'"` �:
<br /> • 10. Condemnation. The pnxceds of any award or claim for damages. dimt ur consequenual, in connection with any _ �r ,,�
<br /> rnndemnatian or other ta.king of any part af the Propert}+.or for conveyance in licu af condemnation, are hrmby as5ignod and ,_���^_Y.��_�`
<br /> . �. . ,.:,
<br /> shalt be paid[o L.ender. ���"`�-:''-�
<br /> ; 1n the event of a total taking of the Praperry.the prace�ds shall be applied to the sums secured bY this Sec nri`tyhle�h�t�h�r '��-'��-�-�-��
<br /> wiiether or not then due, with anY eacess Pa�d to Burmwer. In the event of a partial taking nf the Propecty .._ �4,,4_,,,_,_�.�
<br /> market value of the Praperty immed�ate�Y before the taking is equal to or greater[han the amount of the sums secured by this :���y��
<br /> ' �� Security Insuument immadiutely before the[aking,unless Borrower and L.ender otherwise agree in writing,the sums se�vred by : _ _
<br /> , `;t' this Securicy Inswment shall be reduced by the amaunt of the proceeds multiplied by the foflowing fraction: (a) the tctal ��. -
<br /> s'�,'• � ti'
<br /> amount«a BaP sums secured imme&u�lY before the taking.divided by {b)the fair marlcet vtilue of the Propecty immediately ,�:"� �
<br /> . before the takiag• MY balance shall be paid to Borrower. In the event of a partial takin$of the Propercy in which the fair _ " _
<br /> :_.,.r�,__:_
<br /> '',�.i-:
<br /> • market value of the Property immediatelY 6efore the taking is less than the amount of the susns secured immed�ate�Y before the '�' ��•,'�_••
<br /> taking,unless Borrower and I.ender othenvise agree in writing or unless applic2ble!aw othenvise provides. ihe ptoCeeds sh31! _ ����r•-
<br /> ' � , "' •„�,:, a --
<br /> ` a7�i�.:.:=��.
<br />'�. ' be applied to the sums secured by tlus 5ecuritY Instrument wltether or nat the sums are then due. -
<br /> _ _��
<br /> _ If�e Property is abandoned b�: �dorrower,or if.after notice by Lender to Borrotver tfsai rhe condemnor offers to make an _
<br /> a�ard e�seitle a etaim for damzac�. Bonower fails to respond to Lender within 30 days��fter the date che notice is given. ,
<br /> • ' Ixnder i;authorized to collect and apply the proceeds.at its option,either to restoration or r�air of the Property or to the sums ',t-.>-�.--
<br /> secuced�y this Sewrity Insuument.whether or not then dne. °- ..'`°
<br /> LT��ss Lender and Borrower cr�hen�vise agree in writing. any applicatian of prace�ds to principal sha11 not extend or ,_.,��_ .
<br />�, � , ents referred to in a hs 1 and 2 or change cfv��sr►ount af sach paymenu. 'eg• �:,�'•�•�
<br /> '��'•�, postpar,��hheduedateofthemontlil.g�p;:yn► P �P � • ` ".
<br /> +::� 11.Borrower Not I3eleased;G'�rance BY�ndee Not a V4aiver.Eatension of si��a cme for payment or modifcration ,;�':• � „+�;', f .'
<br /> o f a m o r t i r a t i o n o f t h e s:m s s e c ured b y Lhis Se��-rn�y lnstrument grantr.d by I-en�er to any s�ao�ssor in interest of Borrower shall .,.,� ,..�,;.
<br /> � �+-�,==. � �{j v
<br /> • I not operate to release slae liabiiity of the ori�inal Borrower or Borrower's suco�ars in interea-[. L e n d c-r�a l l n o t b e r e q u i r e d t o i�;,���;•
<br /> , , f`-�.r��:_.`3:.�>,..�_.;
<br /> � ��e� ���n a ;�.ti s•sr,cessor in interest or refuse to extend amz for paym�:t or otherwise modify amorti7ation � � .;:;;;,.-,
<br /> p gs sg�in...-. .:: ,
<br /> ::,,.r;}
<br />-���� r of the sums secured by this aax�ti�' I��ment by reason of any demand mzde by ttE� original Bonower or Borrawer s ,,J ,
<br />;,�.,:�. S Y Sh Y` p ��•:�;��..
<br /> successors in interest. �y fo�:��e by Lender in exercisin an ri t or remed hzLl 4��t be a waiver of or reclude the �x .. :� '� ���
<br /> - exercise of any right or��e:ne�ty. �� .� menu of this �:.�.�'``"`-�.���' '-�.
<br /> 12. Snccessoir,s.�� As�igns$ound; Juint and Several Liabali Cc� c3s. 'D'he covenanu and agree '
<br /> ��• . ---
<br /> Secvriry Instrumeni s�i hind and benefit th.°. successors and assigns of Lea'_er and �arrower,subject to the provisions of ;+��` ., ,� _
<br /> paragrq:+1� l7. Bomoa•er's coven�ss and agreements shall be joint and several. A.ny I3aruwer who co-signs this Secvrity .. .� �r -_
<br /> t and conv that :l's`"".°F' ' r -
<br /> •� Instaundnt but does n�t execute Lh� Vote: (a) is co-signing this Security Inst�u�cent enly un mortgage.gran e5+ �"�, j. N�
<br /> '. ��� Borrower's interest e*s�.�e ProperiY under th�t�rrs►s of this Security Instnimer�:tbD'u r.a:�ersonal�Y ebligated to pay the sums _ �.�,�, ,. ��F,.,
<br /> �that Lender and any otitv�F3on'ower may agres to�x1�i.modify,forbear or . :.• . ;.;+.M•�j -':
<br /> � secured by this Securitv Inswment: and(c)agra - '= . • ' �'t� J
<br /> ' .�' �e s�ny accommodati�ns witA rega.�d to the terms of ti�is Sewrity Instruma�r.er tn�r�te without that Borrower's oonsent. � .. ' �.=x�z�{,�.
<br /> sm a,
<br /> •�;:.�aa'.''"'a„s-
<br />':� � 13,Loan Churges. If the to�,r� Sa,.�ued by this Securiry Instrument is subjed to a Li��which sets maximum loan charges, . ,,�,�: .
<br /> «��,�`� a n d that law is finall y interpre;ad s��+-at the interest or other loan charges collea�i ur r,;.i;e collected in eonnection with the � �
<br /> '.' �,:��,�._-- :�;
<br /> ,• �� loan exceed the perni��c93 limits.t�ea: (a)any svch loan c harge s h a q b e r e du ce d b y d t:s��u n t n e c e s s a ry t o r e d u ce t h e c h a r ge ,�� __
<br /> . to the permitted lim�and(b) anY sums alrezdy collected from Borrower which exceeGed perm�tted limits will be refunded to �,,„�.
<br /> ` . Borrov�er. Lender may choose to nue t?a�s s��'.�nd by reducing the principal owed under the Note or by maldng a direct .
<br /> ��:=�-
<br /> " payrrter.t to Borrower. If a refu..�:: rzduces �,:incipal. the *�uction wiD be treated r.;s a partial prepayment without any �-;:,-,�:,,
<br /> � prepayr�ent chazge under the Note. '�
<br /> - 14.Nattces.Any rtotice to Borrower pray�e;;v�for in this Security Instrument�hall @�;�ven by delivering it or L;mailin� '-'�'.��-:
<br /> ' � r• -..:::�
<br /> � ' it by first class mail unless applicable law re�,��-�.��use of another mezhod.The notice shall be direcrr�{u�the Property Address ' 't'°' .•.�•,YFl=1,'.'
<br /> � Y :. . ;=�,:1,_�
<br /> , ' or any other address Barrower designates by notice to Lender. Any notice to Lender shall be��iv�x t% first class mail to �+
<br /> "?'. '� ..,. ��'�
<br /> Lendei s address stated herein or any other address Lender designates by notice to BorroRLS. Aoy :o:�+•x provide�for in this ,"'„ _. . �1..
<br /> Security Instrun:ent shall be deemed to have been given to Barrower or Lender when givcat:a:�rrcvided in this paragraph• ., . ' -
<br /> � ' I5.Governing I.aw; Severability. Th�s Security Instrument shall be govemed Isy :ederal law and the law of the �s ,.:.. ��
<br /> jurisdiction in whf�is d:uY Propeny is located. In the evxnt that any provision or clause o!'ti�is Security Instrument or the Note --- _--
<br /> � conflicts with as,'_`:u::il:!�e:aw, such conflict shall not affect other ptovisions of this Seruriry instrument��r the Note which can be _
<br /> given effc�t�rri:h�:�.�w1e cor,4iiainat�provision. To this end the provisions of this Security Tv�tr-.�ment ar�d the Note are declared ..
<br /> to be t�cx�'�'e. '.. �.r*....: .
<br /> ir�..�q���a,�rr"s Copy.�crc,��:r shall be�iven one conformed copy of the Note and cf tris Ssccuir.�Instrument. _ _`
<br /> �:
<br /> � ' Porm 3028 91fl0 =i�' �
<br /> . �'
<br /> .:.__ p�4oie � _—'-- —
<br /> � :a_..-:"'�"s.�v��n'r o
<br /> "`".t3•`+'-'.
<br /> � . .ia ,,{= " -
<br /> � .� .. . . . .. . . ' . . . : ' . ' ' ' -. " . . -_ .�.�s , �'.`.
<br /> . ' . , � .. . . • ' � .. . , ��i:lY`
<br /> - . . . - . ,. .. . .- ' • � . j�.4•
<br /> _.._'._._. .._•_ �___ ._.,..'- '—_ '_.�'.__ _ ' __ _ " —' _ _ _ _.. . _.__ _ _..._ _'
<br /> .
<br /> _ -'_—'. -...,_ _ . ... .� .
<br /> '"
<br /> .-.-___ ..._ __- _ .._.. _. . _ _ . . _ -_. ___ ___ . . _. __ ._ _ _. . ..-__.. _- _—_ __ _-- __ __. __ -- __
<br /> . �..�_.�.. _.—._. ._ _. .. ...
<br /> . . - . . ' . ' _ ' . ' "s"'
<br /> ' . , - . . � . �- - . . . - . . . - � '. . . � . . . . • ' . �.. .- .. ' � •i:.L�e-
<br />• " . . . . . • • ... • . , . . , _ y.-.-
<br /> •. . � �, . • . , , . . . . _ . . �;.
<br /> � � . ' . � � � �' . ' � . ' . . .. .- . • , •'°"'�
<br /> • � � ' ,, • . . . . �_ • ,
<br /> � ��.,.. .,..� ..... . �� -•, .. , -�.... .. . .�- � . ._._m___... ,f . . ' '� .. ' ..
<br /> ' .. ., _. ,. ,. . '•'. ' . .. ' . „ . ' ' ' .. . � • ., . � .. , . .
<br />
|