|
� —_ (:R,r..�'�l'�`:�c]"Z1iI�5 —._-•�--_�-. .�-�__ .-. ' ._ • —
<br /> ��� wMe�l�'•�.�m'� - a _—
<br /> - - .�-:7�� � c.t+wr�_..
<br /> - • . � ��+� ' '_
<br /> - ,!7, � .1� ... r •( ��d.,r,
<br /> � 92- i056i4
<br /> �,� ,
<br /> :_.�.�
<br /> - — -_— paymenta may no longer be roquirod.at the c►ptian of Lender, ii mortgAgc insur+�ncc covrr�gc(in thc umiwnt suxi for�hc perlc�
<br /> � s rovidai b un insurcr a roved by L.enJer ugufn hecanx�avuilablc an�i i.r ohwinal. HoROwcr hhull pay
<br /> ----- -__-_- nder uire) PP �
<br /> _ that
<br /> l.e Y
<br /> P
<br /> _ — n9 � � e
<br /> . A
<br /> . or mc
<br /> f
<br /> . il th�r� uiren�enl Ii�+Y
<br /> — --- �y .�rvc unt
<br /> _ ___,,,�, the prcmiums rcqu{rod�o rtwintain axir1�agc imurance in effat,ur tu ptuvide u 1�.r r� . '4
<br /> - - - it�urance enda io accordance with any w�ltten agnxment t+c�wecn&�ITOwcr un�l L.enJcr or upplicublc luw.
<br /> —•--�---___�—=-q' 9. Inspection.Lendcr or its ugent muy nwkc reawinahle cntric,upm und in+prrtiom of thc Pmperty. L.ernler dwll�ivo
<br /> ��, v ,�, BotTOwer noticc ut Iht time of or prfar to un inspecdon specifying resu;�nablc uiu+c lor thc impcctiun.
<br /> ���- !0.CondemnAtion. The pr�cedti of uny nw�ni ur cluim fur dumugc,.Jlrc.t ur amreyuen�iul. hi c�miKYtion with uny
<br /> �;�� rn��demnation ar ather wking of uny part of 1he PmpehY•ar Por ronveyunce in lieu ul'cundemncniun, u�r lurehy arslyned und
<br /> ahell t+e paid to Lender. �
<br /> ": In the event of a totul tuking oi lhe Property,lhc pr�xe►�Js xhull t►e uppiied to thc sum.c tiavred bY��nti ktiurily t��.+lruoknt,
<br /> 1=�, whether or not then duc, with any excess p•rid to&�ROwcr. In Ihc event uf'o punial toking��f thc Pn�pchy in which the fair
<br /> ���`j` market volue of the Property immediAtely bcfi�rc the tuking is cyuul ta or greatcr�hun �he um�►unt uf Ihc +um� KYU�aI by th1A
<br /> -�:,�,.;asc�..,�r�a.:.,,� Security lnstrumenl immedialely bePore thc laking,unless Barn�wer und L.ender atherwiw agrec in wriling.�hc sum.�+aureJ bY
<br /> � ,, ����' this Security Inxtmment shall be reduced by the nmaunt of the prace�xls multiplied by the ti►Ilowing fracli�m: lul �he totul
<br /> �• .;;, .._...�.,.;,, .
<br /> �'•. :��"��";�t• amount of the sums secured inunediutely t+efore Ihe tnking, dividecl by lb)�he fuir murkct value of thc Pn►peny immetifucc y c
<br /> ���,,i�,�"'�'�,.�'�';•- 't before tne taking. Any balance shull be paid to Born�wer. In the event of a pur�iul �aking M' the Praperty iii wbich the tair -
<br /> ::�;;;;,i;�f,,,�F;i.� market value of the Property immediutely beforc the tuking is less thun the omount of the sums scwured immailutcly bcfi►re �he _
<br /> ����=�•�w•���.•� taking, unlcss Borrower und Lx:nder otherwise agree in writing nr unl�wti upplicublc law othenvise pa�vides.the pn►c�eeds shall
<br /> __=..r�-_-��'`
<br /> :t..::
<br /> �°-�:�.�_��.�.A.;y. be applied[o the cums secured by lhis Secu�ity Instrument whether ar not the sums are t n ue.
<br /> =_�=-�=��5 if the Praperty is abandoncd by Borrower,or if,ufter notice by Lender�0 8urrower thul Ihc rnndemnor��ffcrs to moke un
<br /> s��ti�;,'•'•'�"""4 aword or seplc A cluim for dnnwges, eorrower fails to respnnd to l.e�uier witbin 30 duys nfter the dote the n��tice is given, _
<br /> :::l��,s�:�'�;.,;?;;:;;a':
<br /> � `—� - �••�<.r.�`;.�ti,°� I.ei�ler is aWhorixed to collect und Apply the pnxeeds,at its option,ei�her to restoration ar repair of Ihe Propeny or to the eums
<br /> _..,a T , �,i�.p.
<br /> J ��`•-'�� • � • secured by this Security Instrument,whclher or not then due.
<br /> �"J` '�" � � �` Unless Lender and Borrower othervvise agree in writing, uny npplicotion of praceeds �a principal shall not extend or �
<br /> _-,_=�,'��`"�"'`"'='"•-�� pas�pune the due dAtc of the monthly paymcnts refcrreJ to in puru�rophs I and 2 or change thc umount uf such puymcnt�. _
<br /> 'v �•°�'�•�'"�'�"t� 11.Barrower Not Releused;Forbeamnce By I.ender Not A Wolver.Extension of the time for paymcnt or maditication _
<br /> �'=�� . � �• � of wnortirsition of the sumti secured by this Security Instrumcnt granted 6y l.ender�o uny�succesux in intere+t of&�rmwer shall
<br /> "'��' � • • .�' ;' '�,' nat operute to releusc the liability M'the origin�l Burrower or Borrower's successars in interest. Le.nder shall not be required to _
<br /> -��� '" commence praceedingc against uny successor in interest or refuse to extend time for payment or iitherwi,e�mxiify umortixatiun
<br /> -- — � '� of the sums secured by this Security Instrument by reason of uny demand made by the origin•rl BoROwer or BoROwer's
<br /> :,��' n ` ,',;.���,.;'.•: successot� in interest. Any fc�rbearance by l.ender in exercising any right or�emaly shall not be a waiver of or precluJe the -
<br /> ��� ��pr Ja� �y�. •_ exerciseof uny right orremedy. _
<br /> _ -- _ 2�, gy�o� �ns! ;lssigQS �uund;dolnt nnd Several Liabllity: Co-slRne�s. Thc covenunt� and ugreements of this
<br /> .� . .' . Security Imtn�ment whnll bind und benefit the �ucceyson und u�signs af Lcndcr and BuROwcr, subjcrt to the provisionr of
<br /> Y ' ' puragrnph 17. Borrawer's covenants und agreementti shuU lie j�►int unJ xveral. Any Borrower wha co-yignr thi+ S�wurity
<br /> F�:=� „ Instrument but d��es not exccute the Notc: (u) i�cu-signing �his Security In,trwnent only tu monguge, grunt und convey Ihnt
<br />- ,� Borruwer's interer� in the Proprrt�� under the tcrnn of thi+Security Instrument:Ibl i+ not personully obligated ta puy thc sums .
<br />_`�- securcd by thiti Sccurity Intitrument; anJ(rl agrec,�h•rt L.endcr und uny uther Borrower may ugrcc to extcnJ,modify.furbesu ur
<br /> ��,:
<br /> :, > •• make any accommcxiAtions with regard ti�the term.uf thi+Securiry Ins�rument or thc N�xe wi�hout�hat BoROwer's cument.
<br /> � 13.I.oan CharRex.If thc li►an +ccu��l by this Srcurity In�tnrmcnt is.ruhj��t to u luw which.cts muximum loan charges,
<br /> ^`��� , anJ tliut luw is finally intrmrct��l,o ihat the intcrrst ur other loan rhargc,collrcled or a�be callected in ronnection wilh the _
<br /> ' � ±+ lu�n cxrced thc pennitted limitti,then: lu)any�urh loan rhurgr tihull Ix reJuced by the atnount nece++a��to reduce the churge �
<br /> , � .:;..�..:,- -
<br /> ',••;��r'•' to the permiued limit:anJ �BI�ny sum+ :►InuJy cull�tit�d fr�im Bn�ruwer which cxceeded perniittcJ limit�will t►c rcfunJcd to
<br />`"��=.' ' Borcower. l.cndcr m;ry ch�w�� ta mukc thiti refunJ hy reducing thc principul ��wcJ miJcr thc Nutc or by muking u Jircct
<br /> - ,` ��: °� payment to &�rrowcr. If u refund reducc� principal. �hc r�iuction will be �muteJ �., a puniul prep•ryment without uny
<br /> _ . „ � prepuyment churge under ihe Nc►te. -
<br /> . 14.Notices.Any nnlirr Io&�rro�cer pru��iJed f��r in�hi.Scrurity Instrumem,hull Ix given by delivering it or by muiling
<br />- . it by fint clur-x mail unlr�+applicahle luw reyuire,u,e uf vnother method.Thc nuticr�hall he Jirected to the Pmperty Addresc _
<br /> • � � , � � � `� or any other address Bc�rrmver detiignatr� hy nntice tu Lr�xler. Any �x�tic� to Lender ,hall hc given by fint eluss muil �o
<br /> ' � ° Lender's vJdre�+�lal�Yi Ikrcin ur uny othcr aJJrc�ti Lcndcr designatc� h�• nnticr t�� Burcawer. Any nati�c provideJ for in tBis
<br /> ' Security In+lrumcnt shall tx:d�timed tu h•rve Ixrn givcn to Bnrr�iwcr��r LunJer when gi�•rn�..pruvid��l in this paragrs�ph.
<br /> ` .� l5,Governin� I.aw: tic�•er�bllitv. Thi, Suurity In,trumcnt +hull i►� E„verncd h�• fcJcral luw anJ thc law ��i'Ihe
<br /> , a' juriulictian in which the Pm�xny i,I�xatrJ. In�hr event that un�• pr��vi.inn ur clau,c��f this Sccuriry In+trunxnt or the Note _
<br /> ' , ° ronllicts wi�h upplirablc lu��. �uch r�mtlict.h•rll not affec�other pr�n�i.i��n�„I'�hir Scruriry In.trumrnt��r thr Note which cun I►e
<br /> given cffect withow �hc runtlicling provi,ion.Tu thi+cnd thr pruvi�iom of thi.Serurity In.�rumcnt und the Nutc are declarcd
<br /> � tn bc�c�•�rablc. ;
<br /> � 16. I3orroN�er'x('opy. 8�,rru��cr.hull fx gi�cn unc cuid��rnu�l cupy ul thr Nuir anJ ul'thi.ticruriw In.trumcrn.
<br /> >' ° Fam 3028 9�90 '
<br /> o.�.�n.l.�1 1. .
<br /> '_. '___" ' ' _ . .. ...�.w..t�� �.. . , . � . . ..
<br />, \�
<br /> . „ � r �
<br /> 1
<br /> �
<br /> • c
<br /> ., �.
<br />
|