|
, . F- a . ` � .. . . , .. ... �: . . . . .1 qc c ` �, ' ° �. ' - �
<br /> _C . , �`• .. ��j . ' ' - �� - � _. i�'__,, `' ' `}l. . ' �'r'_G�7}�
<br /> ' , i. , . .. . .. . ' _ h �.�.6—.....�— _�_,_"•'_��__� t _
<br /> � . . . ' ..• `,�.�": - i.`, _._.__...........!<... .:�.s � . . �` , ' . . ` .r.[},;
<br />_E k �
<br /> - �:-y�.� —
<br /> ' ��/���` µ'4��'�r'':�r':
<br /> �� ;:��.::�
<br /> ! �ayments may no longer be required,at the option of Lender,if xrnrtgage in�.,ir�ace rnvcra�e(in the amnunt and for the period ,' '. .
<br /> that Lender requires>provided by an insurer approved by Lender again bernmcs availablc:and is obtaiRed. Bnrrower shali puy • ..',�;_„_•
<br /> ; the premiums required to m9intain morigage insurance in effect.o;to providc a ioss reserve.until thr reyuirement for mortgage �rr,:.•=
<br /> ' insuraace ends in accordance with any written agreement betweeR�orruwer and l_endar or:�pliu�ble la�v. -•y�
<br /> 9. inspectfon. Lender or its agent may make reasnnable envies upnn and inspections of thc Propeny. Ler.der shall givc ` '
<br /> � Borrower notice at the time of or prior to an inspection specifying reasonablc caune for the inspection. : •�
<br /> 10. Condemnntloa. The proceeds of any award or claim for damagcs.direct or conseques�tial. in coa►nection with any � _
<br /> ' condemnation or other taking of any part of the Property,or fo;conveyance in iieu of condemnation.are hereby assigned and . .'
<br /> � shall be paid to Lender. �?qf
<br /> ; In the event of a tota!taking of the Property.the proceeds shal1 lr applied to the sums secured by tt�is Security Instrument, ; - .
<br /> F whether or aot then due, with any excess paid to Borrower. In the event af a par�al taking of the Pro}xrty in which the fasr
<br /> market value of the Property immediate[y bafore the kina is ec}La!to or grea[ur than the amaunt af the sutns secured by da�s �;�,. ,,�
<br />'� �o�u..=ity Instrurr�ent immediare6� before the raking,unless�rrower and Lender otherwise agree in wriring,t�te sums secuured by � ��
<br /> :.,.>,-.-�-.�.
<br /> �g�rity rn�r.,,..,�nt ��alIl be reduced by the a�nuzat of the praceeds multiplied by the fotlowing fizction: (a) the total r;;:;�;;:.`
<br />`�: �;unt of the �-ms secur�i�rnediately(�efore the ta�e,diri��d by (bj d�e fuir marlc�t value of the Progerty immediaiely .
<br /> _ before the ',�_Any balance shall be p�id W Borrower. In t6�event of a pariiai taking of the Property in which the fars -----°=_
<br /> _ cnarket valce og�e Property immediately before the taking is less tt�r►d�e amaunt of ti�e sums secured immedia.tely before tlae .r.&%.;:;r`,
<br /> - �g. unless Borrower and Lender otherwise agree in wridng ar uniess applicaBQe la:.�otherwise prooid�s, the proceeds shaIl •=�-�:F;
<br /> i��pplied w the sums secured by this Security fnsmiment c�hethee or aat tfie s•.�m�are rr.en due. � : •
<br />- +;��:
<br /> -. If the Pce?serty is abandoned by Borrower,or if,aft�r natice by La der tu Eor-�aer that tiie a�ndemnor offers to make� _-_ -
<br /> ` award ar sett�z a aaim for damages, Bozr���er fails to respond ta F�ier witbisi 30 days a�"tes r•�ra date the notioe is ge�c�s. �'°�'-`
<br /> �� Lender is auth�•ri:�to collect and apply r�i��proceeds,at its option,e-�:l;r.,to restaration or reFzrr��(=��e Property or to the sum� �-��
<br /> (
<br /> �: secured by this Seauity In�r^.�:�,t,whether or not then due.
<br />��° Unless Lender and 1��r.c�er othervvise agree io wrriring, any applicatian nf. �r�ceeds s��rincipal shall not extend os �-��� '"�j."_
<br /> postpone the dae date of tt:��•r+.�.�hly pata��ts referrec�co in paragraphs 1 and 2 ar a*:sff�e t.`_�.�..-�.:k:.-�i of suc6 payments. �
<br /> �' 11.Botrawer Not Re�2ased;Fosh��rrance By Lendes Not a F�JJ�:�is�r. Eat�a:� af t:-.��..,�:+e�r�,r�rayment or modifi�U�
<br /> of amorti7adon of the su�s sxured by this Security Instrurnent gr�t�3 br,Lender�_�: s::a�..xsar::s interest of BotTOa�rr s�ilk =,,,"'"�"" """
<br /> not operate to r�!'.�zse�-x'.�.�1:':!y af the original Borroa�r cr Eorraw�s s�c:ex�.�i�.���. Z:�?er shz:! ::�;�f��re.���..:� — _ ----
<br /> � " commence proe�^:�;s zac5�.��<:.-.ry successor in interes':rr*.�ase z�s ex�e�d time fi�r��:aer:t e�c�-z��is���aG-;.� �t�.�as� '.
<br /> of the sums se�-wi � �s;s Sxuriry Instrument by c�a.-, of•a,zy de�and m�te by the ori��:;sy £�r:�:sz: ;yr rr„-,�-��.�+rr s -�• '
<br /> successors in�~<erzst. Any for6earance by Lender in exercising ary ciL�t ar remedy s6a11 not t�„:a waiver of or precl�u���e - "�-
<br /> exercise of any:Tght or remedy. ,
<br /> 12. S¢cccsso�s and AssigOS Boand; Joint aa� �vernl Limbility; Co�sJgpcers. 74�e covenants and a�eemenu of this
<br /> ` Securiry Instrament shaU bind and benefit the succe.�s�sr and ascigna of I.�mdev ancl 9orr�nwer, subject ro the provisions of
<br /> paragraph 17. Borro�ver s covenants and agreements shall be joiat � s��!. A�� Pe�o�rer who co-signs this Security ,.:..;,��' .:'`
<br /> • Instniment but�oes uot execute the Note: (a) is co-signin�this Securiry In�ument only t�mortgage. grant and cunvey that • •
<br /> Borrower's interest in the Praperty under the terms of this Security Insuument;fb)is not personally obligafed to pay the sums
<br /> 1 secured by this Security Instrument;arad(c)agrees that Lender and any oth�r Ba�ower may agree to extend,modify.forbear or �-.�
<br /> .; �•�
<br /> matce any accommoda6ons with regard to the terms of[his Securiry Instrument or the Note without that Borrower's consent. � ---
<br /> "•' 13.Loan Cl�arges.If the loan s�rured by this Security Instzament is svbj�ct eo a law which sets maaimum toan charges, ��-'i'�'��:
<br /> and that law is finally interpreted so that the interest or ather loan eGarges cnllccted or to be coltected in cannection wi4h the
<br /> loan exceed the pertnitted limits, then: (a)any sach loan charge sbal•1 Is�r�educed hy the amount en..�essary to reduce the charge «��°=°���'
<br /> to the pemutted timit;and(b)any sums alf�eady collected from 8;,n���cL�wi�ich exceeded permi�:�x!'limits will be refunded to ��°�__.
<br /> Borrower. Lertder may chaose to make this refund by reducing t�e principal owed under the :tioie or by making a direct -
<br /> � '�• a ent ta Borrower. If a refund reduces rinci ap, �I-� reQ�zo�:an will be tmated as a artisl r a ent without an 1��'��
<br /> . P 3+m P P P P eP Ym Y ��`=•- -
<br /> � , prepayment charge under the Note. ,
<br /> lA.Noflces.Any notice to Bosrower provided for in d:is Se�nriK��Inserumom shnll be�iven�s�delivering it or by maiJin�
<br /> it by first class mail unless applicable law cequires use o£znather method. Thu notice shall be dir�.x�d to the Property Add'c�e�::. �'""-
<br /> � or any oiher address Bonower designates by notice ta �°nder. Any notir,e t� Lender shall be given by tir:-t class m�;t ��.� ���'
<br /> � Lender's addness stated herein or any other address Ler.�:-r desi�nntes by notice to Borrower. Any notice gravid�d for in risis a�''����
<br /> Secusity Instrur�nent shall be deemed to have baen given to Borrower mr L,endtrr when given as pmvided in this paragraph. �=
<br /> : IS.GovernSng Law; Severabtlity. Z'his Secnrity Instrumar�. si,.all be govemed by fed,,r� law and the law uf'dtir -.
<br /> jurisdiction in which the Property is la�.�r u. In the event that any pzr,r�sion ar clause of this��:ui.-"s:y Instrurrcesi or Ehe f���s�ie ` °'"� �
<br /> eonfliets with applieable law,suet�conflict shall not affect other provisions of this 5ecurity Instr�cr.ent ar the l�c�t�:«:f.t.�e{z c�be r...,;�?�•�.
<br /> ��:._ .. .
<br /> ; giyen effect without the conflicting provision.Tq this eqd the provisions of this Securety(nstrurae:u and the I��i;i�aze deci;,r� ..•�-r
<br /> � ' to be severable. � �..
<br /> � � 16.Barru«�c:r's Copy.Borrower shaJ!be given one conformed oopy of thu Nate and of this�:curity lnstrument. __ •--
<br /> ' � Form 3028 9l90
<br />.{ Posn a o�o ���
<br /> . . .. . ,���.._ -
<br /> � �," -�,.:,-�
<br /> i � .__..
<br /> , � . � �, ... . • , � � • 't#�� 1�', .i, ...�....�,_._. . .. ' • : � , ... ' , . �- -� �
<br /> . , ��:: . . . . ;�-`.
<br /> . . ' • . ' . , ' <i , ,. '•,.' . ' .
<br />' • � , , � '. .'(�: � . � , �.: . . � _ ' � , ' .. �
<br /> , . , ' � ' . . , . ��7: ; . • !- , � _ j._y�4.�.. .. . . .. , , _ '. " .
<br /> _,_ . ' . ' ' . . � li 1, .. . . - . � � . . - . . _ • , .
<br /> ,. . ' • • . ' _ .. . ' ''`. i. � . . � . . • '� _ .. • .
<br /> • ' _ ' •. . .. �' ' � , . � . • .. . ' . , ' . .
<br /> ' .�- . ; ' _ _ ' '_ , . . . i. ,' � _ . , � ' � . .
<br />_ . . •. - .. . . ' .� - ,1 . �.. . � .. ' �. , . . , ' - • . ' _
<br /> � .• .. . - ' �' • . .. � ' . �I.' ' ' ' - ' . . .' . ..� . � .� � ' . .
<br />..' . ..a '....... ': . , ' ' _ �!'. , .. ;- , . ��i , . e � - _. , ;'`' � , ' ' - .
<br /> . - ... � . . .a" • . . � . - � . ... � � � - .. .. ' ' ��� .� � � .. . ' • • . •. . . � ' � .. - . . .. .. .. • • . .
<br />
|