|
�' 1 �, •+m+T.... • '-_
<br /> . , � . .�..+ . ::dN1�i� .I II ML.��,.r i.,.,s--
<br /> �!�r�•{ n► i � ---- -- -
<br /> ,�1Y�� .. _.. . . 1�ar.�. - _
<br /> . �.�....�� _1U
<br />, �,���.�-.�. �g2 S9ss
<br /> �--�----- candemnntion or utixr takinQ of any pcut of tho Property,or for wnveywrcc in lieu uf condcmna�ion,arc hereby Lxsi�ned end
<br /> — slull 6o puid�o Lender.
<br /> In � event of a tdul �aking of tho Propeny. �he proceedx shall be applied �o�he eumK Kecured by this Security
<br /> - - lnstn�mcnb whether or ncu�hcn due,wilh any cxcexx paid to Borrawer. In Ihe ev^nt of u puniol taking of thc Property in
<br /> - w�ich the fair msuket valuc of Ihe Property inimediotcly bef�re the taking iR eyuul ro or grculer Ihun Ihe amcwnt of�he sums
<br /> ' ' secared by thix Secutiry Instrument immcdiuicly before tha IAking.unlers Borrower und Lcnder othenvl�c ugree in writing,
<br /> the sums ssecured by this Seourity Inatrumem xholl be reduced by the amount ai the pmcceds multiplied by the f'allowing
<br /> fi�ucifon: (a1 the tutal amount af the sums r,ecurcd immediately before the tuking,divided by(b)the fuir market volue of the
<br /> u'u artiul takin of�Ix:
<br /> • immediutel before thc takin . An bulanrc rchall be paiJ tu Hurrower. Iu ih�rven� 1 p g
<br /> �nY
<br /> Y
<br /> 8 Y
<br /> of c sumx
<br /> ____._.�—� Propeny in which the fuir market value of the Propeny immediotely befare the tuking iK less�han thc umaunt th
<br /> ��,��� tiecured immediutely before the taking,unlesw Borrawe�nnd l.ender aherwisc agree in wri�fng ar unless npplicuble luw
<br /> o�herwise provides,lhe procceds sholl i�e applied to the sums secured by this Securiry Instrument whether or nat the xums arc
<br /> then due.
<br /> �a� if the PropeAy ia abandoned by Borrower,or if,after notice by Lender lo Borrower that the condemnor offen to make
<br /> _ �e,—M�r—;�;,;-,.� �awurcl or scale a clnim for damogew,Borrawcr failx to respund to Lender within 30 duys uftcr the dnte the notice is given.
<br /> ,-- Lender is uuthorized to collect und apply the proceeds,ot its option,ei�her to restoration or repair of the Pr�►peny o�to the
<br /> ���,�,� sums,ecured by this Secudty Instrument,whether or not then due.
<br /> Unless Lender and Borrower aharwise agree ln writing,uny upplicntion of proceeds io principul shnll not extend or
<br /> ��,�� posipone the due datc af the monthly paymems refeRed to in psuagraphx I nnd 2 or change the amount of such pnymems.
<br /> -�- ---- 11. Borrower Not ReleASed; Forbearance By l.ender Not a Walver. Extensian of thc time for payment or
<br /> '"` � modi�catian of umortization of the sums secured by this Security InstrumeM granted by Lender to any successor in inlerest
<br /> of Borrower shull not operate to releose the Ifability of the original Borrower ar Borrawerk successors in interest. Lender
<br /> � - ------� sheU not Ne rcquired to commence pmceedingc agoinat uny successor in interest or refuse to extend time far payment or
<br /> - _=:--•-�^;�r,. . .:� otherwise madify umanization of the sums secured by thiR Security ln�trument by renson of any demund made by�he original
<br /> �'"� Barower or Borrower's successors in interest. Any forbes�ance by Lender in exeKising smy right or remedy shall not be a
<br />-. �,;;;��w "• wMVer of or preclude the cxercise of any right or remedy.
<br /> �:-, �°',;i p., 12. 5ucces.sors and Assigns Bound;Jolnt And Several LiabNlty;Caslgners. Tlx�covenants and Agrcements of this
<br /> ��``+�"'�Y.� Seturiry Instrument shall bind and beneflt the xuccessors und aasigns of Lender and Borrawer,subject ta the provisions of
<br /> -���� �• ara ra h 17. BoROwer's covennnts und u reements shull be 'oint und severAl. An Borrower who cu-tii ns this Securit
<br /> � o �•-,.,,, s:� P fi P � J Y � Y
<br /> �'�;;;�!.`::..,'.,. Instrument but does not execute the Note: (a1 iK co-signing this Security Ins�Nment only to mortgage,grnnt und convey that
<br /> ��,;f,,.�;;y�;�, Borrowerh interest in the Propeny under�he terms of thfx Security Instrumenr, (b)is not personvlly oblignted to puy the�ums
<br /> , �y. ,x secured by this Security Instrument;und Ic)ugreea thut Lender and any other Borrowe�may ugree lo extend,modiPy,forbesir
<br /> _ , . . : . r
<br /> : �:?�'��� or make a�y uccommodations with regurd to the terms of this Security Instrument or the Note without Ihat Bom�wer's
<br /> +,�',f.+ ,�•°: caisent.
<br /> `� �" 13. Loan Cha es. If the loun secureJ b thix 5ecu�it Instrument is sub ect ro a Inw which sets muximum loun
<br />.- —���.t.,:,�.t.��,- rB Y Y .I
<br /> k.y .. , chuges,and thai law is Snalfy inicrprctcd sa ihai thc intcrest or oiher laan charge:co!lected or to be eolleeted in tonnection
<br /> — �y,�,.��,*;:,� ' wi�h the lonn exceed the permitted limi�s,then: (u1 uny such loan chorge shall be reduced by the umaunt necessury ta reduce
<br /> —�. ' thecharge to the permitted limit;und(b)any rums ulreudy calkcted from Bomnwer which exceeded permitted limits will be
<br /> ,;�,:;ti.'� , ;•�n m(unded to Bomower. Lender muy choo�e to make thiti refund by reducing the principal owed under the Note or by making a
<br /> -' „ direct payment to Borrower. If u refund reduces principal,�he reduction will be trented us u paninl prepayment withaut uny
<br /> ' ' prepayment rhArge under the Note.
<br />�,�� �:; •::
<br /> 14. Notices. Any notice to Barrower provided for in this Securi�y Instrument �hall be given by delivering it or by
<br /> _ ��- �+. „w,'�`�y mailing it by fin+t clatis muil unle+s npplicublc luw rcquires use of unuther method.The naiice shull be directed to the Property
<br /> ' � Address or any other addrexs Borrower designutcc by noticc to Lender. Any noticc tu Lender shall be given by first class
<br /> — ',: . �,.y:..:
<br /> __ m�il to Lender's nddress stated herein or uny othcr uddmss LenJcr designutes by notice lo Borrower. Any notice provided for
<br />__,�—a;.'',�"�,�,:.:��' � in Ihis Securiry Instrument shull be dcemed to have lxen given �o Borrower or Lender when given as provided in this
<br />� • paragruph.
<br /> �'.� � , : ,�;�•�� IS. GoverninR Law; Severability. 71�ix Security Inxtrument ,hall bc govemcd by federul luw nnd the law of the
<br /> �_���' ,��;,,,� ' jurisdiction in which the Propeny is locuted. In the event thA�uny provision cx cluuse of ihis Security Instrument or the Note
<br /> �° conflict�with applicable I��w,such conFlict tihull not at'fert othrr pawisium uf this Srcuriry Instrument or the Note which cun
<br /> -- be given effect without the conflicling provision. Tn thix en��he provision�of thi, Security Imtrument and the Nae ure
<br /> �� � '�� � dalured to be severable.
<br /> ' -� ��� . 16. Borrower's Cnpy. Borrower.hull hc given onc cunfortnrJ cupy of Ihe Not�unJ of this Security Intitrument.
<br />__-��"� ~� �, l7. 7FAnsfer of Ihe Prope�ty or a Reneficial Interect In Borrower. If oll or uny part of the Propeny or uny interest in
<br /> _��•w�;� it is�old or tramferrcd (or ii'a Ixnetiriul irnere.t in Borrowrr is xold or traroiemd und 8orrower is not u nuturul personl
<br />����;� r . wphou�Lender's prior wrinrn cun�ent,Lender m•ry,at itx optian, rcyuire immrdiute puyment in full of nll sums secumd by
<br /> .� a��
<br /> �•' this Security In�tniment. Howevrr,thi�option�hnll not he exercitied by Lender if cxercise is pmhibileJ by federul luw us of
<br /> - the dLtc of this Security In.trument.
<br /> _�°��,r,_:, If Lender rxertises�his option.Lender zhall give Borrowrr n�nKr i�f arcelrrulion. Thc notice xhnll provide u periud of
<br /> - , "'' nd le�s thun 30 dny.fn►m the dutc�hc nMicc is JclivrrcJ or muiled within which Borrower must p•ry all sum�.rcurcd by Ihis
<br /> — ��� - Securi�y Ins�rument. If Borrowrr fuih ta pay �hcsc ,um. prior to die expirutiun �►t�Ihi� pc:riad, Lender muy invoke uny
<br /> amedie.pemiiu�d by Ihi�Srruriry Im�rumrnt wilhuul further notire ur demanJ on Burrower.
<br /> '__ 18. Borruwer's RiAhf to Reinstute. If Bi�m►wcr mect�rrnain runditiun., Rorruwer+hall huvr thc right w hovc
<br /> � ' entarcement uf thiw Security In.trumrnt Ji.runtinurJ al ai»• iimr pnur lo thr c:►rli�r��f: lal S da�•.lur�urh uthcr peri�xi as
<br />___ - Sin�lc F.�mH�-•Fnnnfe 11we�F�eddk�luc I'\IF(IR�I Ititi7'Rl'�fEVT••Unilbm�('u�enam. 9/90 qwr�����Jnpu�r�►
<br /> ;� �
<br /> '�. — —,�_.–— °
<br /> • •�. ." ' � ., .. . � � .-�,.t..� .. �� .., _ac�A;�•.N•,... ... , - .
<br /> � .. .
<br /> .. •, - .�r�' - - '
<br /> . .. .;";f�.9�}: .
<br /> ,. ..,.,.�,�`•� . .. , • ' . . '
<br /> ,� � , o _�� - —
<br /> 1 _ _
<br />
|