|
+0' ''� ,: ra � . ,.-
<br /> � 'r't�i ., *.`' �'° .. - -
<br /> � i "�t,i+ r/�(��,w�..>. . .v: '.�;����a._�--
<br /> � . _ _ ._,ret.:r�.�_.
<br /> � ��.
<br />- _.,a�..__o�.�.� .
<br /> � 92-- 1os�1
<br /> — — - candemneiion�r nther t�kio�of rny pert of'the Rropeny.cx fbr conveywu�c in lieu af cotukmnwian.wo hercby acri�ned w�d
<br /> rtWl bc paid to Lende�'.
<br /> In tlu event uf A �otal tuking uf the Pro�xny, thc proreedR ahall he applfed to �hc eums r:ecurcd by thfx Secu�iry
<br />- - Inxtrumem,whelher or not Ihen due,with any caccss paid to Barrowcr. In thc event af a panial talcing oi ihe Fh'operty In
<br /> which the fai�murke�value of the Propcny immediatcly txfaro�he taking ix equul to or grcuter thun thc unwunt of thc sumr
<br /> - — secured by this Secur�ty InstrumcM immediWCly before Ihe taking.unle+,Barrawcr und l.ender olhcrwisc agrec in w�iNng.
<br /> � the sums r�ecarcd by thia 5ecur�ty Inrlrument xhull he reduced by Ihe nmaunt ot Ihe pre�ceeda multiplied by the following
<br /> a — - �---� fractfan: (n)the tatal umount of the sums e�curcd immedialely hefi�re�he laking,divided by Ib)Ihc fair market valuc of'thc
<br /> - Propeny immediutcly bcfore the taking. Any balance�hall bc puid to Borrower. In the evenl of a puniol wking of If�e �
<br /> -- .Qrapcny in which lite falr mud:et valuc af Ihe Piroperty immediutcly beforc the�uking is lexg than the umount of the sums
<br /> secured immediately betore ihe�aking, unlesY Borrower und Lender utherwif;e agrce in w�iling or unless upplicAble Inw
<br /> otherwise provides,ihe procexds sh,�11 be upplied to the suma uecured by this Security Inswment whether or not the aums arc
<br /> then due.
<br /> If the Property is Abandoned by Bornawer.or if,after notice by Lender ta Borrower that the co�demnor offers to make
<br /> --°_--a� un award or settle a cluim for dAmuges,Borrower fails to respond to Lender within 30 days nfter the date the notice is given,
<br /> Lender is authorized to collect and apply the pmceeds.at its option,either to restoration�r repair of the Property or to�he
<br /> "°`"""""� sums secured by this Security Instrument.whether or not then due.
<br /> -- Unless Lender and Borrower athervvise ogree in writing.ony applicution of proceeds to principul shall nw extend or
<br /> --- — postpone Ihe due date of ihe monthly payments�+eferred to in paragraphs 1 and 2 or change the umount of such paymems.
<br /> � !1. Borrower Not Iteleased; Forbearance By I.ender Not a Waiver. Extenaion of the timc far payment or
<br /> modification of umortization of�he wums secured by this Security Instn�ment grnnted by Lender to aoy successor in interest
<br /> � of Borrower shall not operate to release the liability of�he origins►I Borrower or Botrawcr's successars ln interest.Lender
<br /> - `�'�� shall not be required to commence proceedings ugainst any �ucceswr in imerest or refuse to extend time for pAyment or
<br /> �~ �'~��="'r'T othenvise modify amortization of�he sums secured by this Security Instrument by reasan af s�ny demand mHde by the original
<br /> ±ra•s��
<br /> �;�� `'�'"�' Borrower or Borrower's successors in interest. Any forbear�nce by Lender in exercising any nght or remedy shall nat 6e a
<br /> ---�=:'-v:_
<br /> __.._;�:.:.M. .;,�'
<br /> - - :•�;,�..' wuiver af or preclude the exercisc of any right nr nemedy.
<br /> 7� , `�'" � 12. Successorr and Assigns Bound;Joint and Several I.iablNty;Co-st�nera. The covenants ond agreements of this
<br /> °�,_.,,�y� �� Securlry Instrument shnll bind and benefit the successo�und ussigns af Lender and Borrower,subjec�to the proviaions of
<br /> �.-����� paragrnph 17.Borrower!s covenants and agreements shAll be joint ond severul. Any Borrower who co-signs this Security
<br />— �.:i�` " Instrument but dces not execute the Note: (a)ix casigning this 5ecurity Instrument only�o mongnge,grunt and convey that
<br /> Borrowerc interest in the Property uader the terms of Ihis Secu�f�y Instrumcnt; (b)is not pensonully ablfgoted to puy the sums
<br /> .��...._-
<br /> Recured by this Security Ins�rumenl;and(c)ugrees that Lender and uny other Borrower mny agnee lo eztend,modify,forbenr
<br /> 4; or make ony occommodstions wlth regurd to �he tcrtns of this Security lostrument or the Nute wllhout Ihut Borto�verh
<br /> consent.
<br /> � t3. I.oau Cl�ur�tew If the loun ae��ured by this Srcurity In+irument ir +ubject to u luw which �etR maximum loan
<br /> .�a�c�s�a�n�.-
<br /> •���o:;;'� chargex,und that law ix finully inie�preted so tha�thc interc�t ur othcr loun churgex collectcd or tn bc cauectcd m cannecuan
<br /> ,.,;b.;,,r,,,,�,:_ • with�he lonn exceed�he permitted IimNs,then: lu1 uny,urh loun churge�hull Ix mduced by Ihe am�wnt ncccxwuv ta reduce
<br /> ����•.,-e, thc churge�o�Ix�permilted limir,and Ib)uny sum+ulrcudy rollcctcd from Barmwer which cxceeded p�rmiucd Hmit,will be
<br /> '� refundcd ta Borcower. Lender muy rha�.c�o mukc�his rcfund hy reducinR the principal owed under�he Notc or by mok ing u
<br /> _ ''� �`_'•"�". direct puyment!o Barruwer. If n refuad reducex principul,ihe rcduc�ion will he treated ns u paMiol prepuyment withcwt any
<br /> � .vr .r
<br /> •� � •� , prepvyment churge undcr the Nac.
<br /> _ '.�r%�. , .4t•�-�_ 14. Notices. Any natice to Barrower proviJed fur in thi� Securily Instrument shnll be given by delivering it or by
<br /> —' "vR:,�.`° � mailing it by fi�st class muil unlexs upplicuble luw requires use of unother method.The noticc shull be direc�ed to the Pmperty
<br /> � ���„�,�� �� �,'�j� '� AddresK or any othcr uddrevs Borrower de�ignutes by notice to Lcndcr. Any notice to Lender xhnll be given by first clas+ -
<br />. � ��A,� .�a . �,� �
<br /> � ' ����`'� mail to Lender4 uddre�+stuted herein or any otlxr uddrex�Lcnder dcsignutex by notice�o Borrowc�. Any notice provided for
<br /> "" ` � ""�� in this Security In.rtrument xhall bc deemed to hAVC lxen given �a BoROwer or Lender when given av provided in this
<br /> � �"c•..: :•�,,..., psvagraph.
<br /> ;�,�,�. :•..�,��� 15. Governing Low; Sevcrwbility. This Security Imtrument shall be governed by federnl law and the law of the
<br /> �,�.-,:;,�� ' jurisdiction in which the Propeny is locuted. In the event�hut uny pmvitiion or clau�e of thiti Securiry Instrument or�he Nae
<br />-�'� " �.. conflicts with upplicnble luw,such contlict shull not uffect olher provisions of this Securiry Imtrument or the Note which can _
<br /> ,�<c���'�`�- be�iven effect wi�hou�the conflicting provi+ion. To this end Ihe provisiom of thi.r•5ecurity Instrument and Ihe Note are
<br /> — .. "�'c s declared ro be severnble,
<br /> 16. Borrower's Copy. BaROwer shall lxe given one conformcd copy of the Nate und of this Security lnstrumem.
<br />.� �-'_� �-�• � 1�. 7lransPer of the Property or a Benef7cial Interest in Borrower. If ull or any part of the Property or any interest in
<br /> 'ti �. �: �.��.. It is sold or transferred(or if a bcneficial interest in Borrower i. ,old or Iransferr�d und Borrower iti n��t u naturnl person)
<br />�:�.��..�.�:.: • without Lender's- prior written con+ent,Lender mny,ut it�optian, reyuire immeJi•rtc puym�:nt in full of all sums�ecured by
<br /> ��.;�,'., this Securiry Intipument. Howcver,this option shall not be cxercised by Lender if exerci� is prohibited by federal law u.ot
<br /> � ��' - the date of this Sewrity Instrument.
<br /> _ If Lender exercises this option,Lrnder shull give Borrnwer notice of uccelerution. Thc notice shull provide u pericxl of
<br /> - — not less thun 30 dnyx f'rom the dute the notice is delivered ctt muilyd wilhin which BuROwer mu�t pay all sumx.r-ecured by thi�
<br /> ������ Security Intitrumenl. If Borcowcr fuil, to pay thc+c sum.pri��r to thc expirutian uf this period, Lender muy invoke uny -
<br /> _ � remedies permiticd hy this Security In�trumcnt wilhout 1'urther nrnice or JemunJ�m Burcowrc =
<br /> , ,:
<br />__- �• � 18. Borrower's RiRht to ReMstate. If Bom►wcr mrrt+ �rnain cunditinn+, Bom►wcr tihall huvr ihe right io huve
<br />=-- enforcement of this Securiry Ins�rumem di�rominucJ a�uny lime pri�x to thr rarlirr ot': Iu15 duyti 1�►r.uch aher,period us _
<br />==_-.
<br /> ;� ' Singlr Famdy--Fonnk�1uMFreddk�1�c UNI60RM INSTRI�MF.\T••Unffimu CuvenuM. 9/9Y ��wge J o/A�wg�s1
<br /> ,..��. .. . .
<br /> ' `�va :
<br /> r�.
<br /> +i ' �� • '
<br />._ fi .. ., .�""��__' '.._ .._ . , .. _ .. ... � .. ' _^ ' . . _ . �•;a.�...-wrano.�n+a-�^.-+T— . ... -r�L�.:�:_1-ir: :,,.
<br /> � u ,� � ' .. � . , '
<br /> .
<br />-°� fis�,.�:t:."e�xr.:�•z�.,�,tf. ---�- -—-- --- - -
<br /> ,
<br /> - - --� �- - --- -
<br /> � —:--- - - . _.� ---- - - - -- -- . ... _ - _-.-.- . -- - -__-
<br /> :.s.
<br /> � . '�: '
<br /> ,:r.-.•.
<br />, . -�.�.,��:�':g� . � � �
<br /> �- "�;�...''°��. .
<br /> . � . . .
<br /> 6 � :
<br /> . ____�
<br /> � „ __..._ __ -
<br />
|