|
.. .�...�� - '�l:,�'�� � � �... , ' . . . �1�:�•iA�'_.
<br /> •��� . ' ::w��•-+a+.ar•.� -
<br /> .. ?�,��in:,. U - . � . .. .�.. ��� ._,'.._. —
<br /> . .. .. , . � . . —�;,,.w�,�,. .. - -----. _ �
<br /> . . ii, .«.�.w1rtJ�'1�UA��N+r.r•� ">� � . . • � . L:v .:�.r � .irw..
<br /> . _ . . � � � ,M•" .. �!�h9�^- .
<br /> • . " ��'!l:i->_+t}�'��__ _
<br /> � . � ... . .. . •r..i .. - - --
<br /> _ � ' - . - . . .T3���._•.
<br /> ��'�� ����� .. . .. ...
<br /> r�
<br /> payments may no IonQcn c�rcqulrcd,At tho opdon�f I.endcr. if mortgago insurunco ccrvcrugo(in thc cunaunt anA fur U�u periad -
<br /> thet Lcndcr rcqulrc�)provfdcd by an insurcr apNrovcd by Lcndcr oguln b�comcs avuilahic und is uhtuincd. Borrowcr sholl pay tho .
<br /> prcmiums rcyuircci tn matntain mortgaga insurrtinncc ln cttoct� ur to providc a loss rescrvc, undl Il�o rcyufromcnt for mangago
<br /> � Insurunco cnds in accordnnca with any wrlttcn agrccmcnt bctwc�n Borrowcr end l.cndcr or applicnhlo law, � -
<br /> 9.da��.it�ar�. Lender or its ngent mny mu!cc rcasonable cnuie9 �pon nnd inspr.ctlons of the PrnPeny. [.ender e;�ell Qivo _ � �=
<br /> }3orrower notico at tho Ume of ar priar to an inspccdon speclfying rcasonebla cnusa for tho inspecdon. , � _�
<br /> 10.CondemnAtlon. Thc procccds of nny awurd or clalm for damaga9, dlrcct or consrquendal, in conncctlan with any • ,
<br /> ...-�*'� candemnotlon or other taking of ony pun of the Properfy,or for�onveynnce in lieu of condemnutlon,nrc hereby assfgned nnd ' ' , '
<br /> , -�+' shall ba p�id to I.endcr. — ' ' _
<br /> In Ihe event of a totnl Wking of the Property,the proceeda ahatl be ap�lled w the sums secureA by this Security Instrument, -
<br /> whr.ttter or not then duo,with nny excess paid to Borrower.In t6e event of a pardnl tAking of tho Property in which thc fuir market � •�
<br /> value of the Property immcdiately before the tnking is equal to or grcater than the nmount of the sume secnrcd by thia Sccur�ry ;,.,. :'����'
<br /> Instrument immedlatel bcfare the taking, unless Borrower and Lcnder otherwlse a ee im ,�¢m, the sums accured by this " �J�;.{.'»;�����`
<br /> Y Br '�� ., ..�°,°,�.,�._.
<br /> •� Security Instrument shall be teduceci by the amount o.f t7nz peoceeds muldplied by tha foltmtivd��ffuac�ion: (a)��tntal umount of � ,. °�""
<br /> the suma secured immediately before the ¢akir�s,c�vnc�c�l b� @) the fair m�3�E2 vv�a�z ot�u'a�Pa��gerty i�ra�n�td62ta9y beforc the -�`.`,,.,�,'��,;_--
<br /> ,.`.
<br /> • taking.Any balancc shall be paid to�a�a�tiv,e,r.I�tte�Eve�t of a partial ta�ing of lhs F'aoperty in whnch the fais marke3 vnlue of the .�,��;�;'�,��"--_°�
<br /> . Property immedlately before the t�9ceng e.^, less than the ameount of t�aE sums sectued immediately before tho taking, unless `:���;r�;ri,��_
<br /> Horrowcr and l.endcr otherwisz agcea in writing or unles,�applicable law othcrwise p.rovides,the pnoceeds s1�al9 Ue applied to i7+e '��',,,__
<br /> siir,s secured by this Secasety I�sm�enent whet�er or not�e sums are then due.
<br /> • � If tfie Property is abandoned by Borrower.�r i£,afs�cr notice by Ler�der ro Borrower that the wndemnor ofSers to make an ': :"��' - - -----
<br /> �.:.`. award or sc��e a claim for damagcs,Bor�ower fails to re3pc►nzd to I.E�sder within 30 days after the date the nodce is gn��en,I.�ncler .�•••� ` ��°:•
<br /> �.;
<br /> �i»''�''�. is ai�thmrizev]to coAect and apply the�rmc�cds,at its opcion,either tc�rrs3oradon or repair of the Praperty or to the sums sccd���ed :i°���,���:;:;;,=-
<br /> • �,�f"r •f,�',-, 7G%`:'S"��.�
<br /> :';.:1•,t.::;' �,. , S ' ''+,t��,
<br /> .. by this See:�ra�ty Instrument,whether or�ollhen due. .. _. �>
<br /> �r�' Unless Lender and Borrower otherwise agrce in wridng,any application of pr�a�asds to princlpal shall not extend or postpone '°
<br /> ��i t�a dua dnta of the monthl ents referred to in aTa r.9,hs 1 and 2 or chsu► e thn amount of st►ch a enGS. `'::'����
<br /> Y PaYm P � P B P Y� ;r---==
<br /> 11.Aorrower Not Reka,sed;Forbtaraace Ay I.entl�er Not a Waiver. Ex�e�sior�of the qr�e for payrnent or modifica6on p
<br /> '"�`� of amortizainon of the sums seeurer]b ahis Security Insuument ranaacl b Lender tc�any successc�r in interest of Borrower shail
<br /> .;.�;:. y �� y ;.
<br /> not operatz�o releaSe we liability mf et+�original Bur,row�r or Borzower's successors in interes�L.ender shall no�be n;iiulrui�u M ',
<br /> �,
<br /> ., .�. � _ .. �C aL' '°��.��,`.
<br /> • � c.�mme�oe�tt�DCtedings ag8inst any successor in inie[raf vr caiusa iv nairaiu iiiiic iui},ny+r�iu�i Gi oiji�+�'i5o modify iuiit"n'.�Yfan.�f `=
<br /> • ,��� ¢1�z ss��s szcured by this Security Instrument by reason of any demand made by the original Borrower or Boaower's suc�cossms `�'��
<br /> ' `�'�,'�` in�ntcrrst.�q forbearancc by Lendcr in eaercising ony dght or remedy shell not be a waivcr of or preclude the epcenclse�ai any , '�`
<br /> , ` �'.. right or crmedy. `'
<br /> �`' lt.Suecc�ssors and Assigns Bound;Jo[nt and Several Liabil'ety;Casignere. The covenants and agreements of this
<br /> � . �:�,:. ,, o ag
<br /> � Sccurlty Instcument shall bind rind bene6i tha successors end esstgns of Lendcr and Borrower. subject W thc pmvisions of
<br />- , . - paragraph 17. Barowet's covc,�wnts and egccements shall bo joint er�d savual. My Borrower who co-slgns this SecurIty i�:_
<br /> _,, � . .,,,. Instrurnent but das pot eaecuto tha Note: (a) is co-signing this Socurity Instrument anly to mortgege.grant and ccnvey that
<br /> --- .�, Borrower's in�erest in the Property undu the temis of this Security Instrument;@) is not{m.rsonally obligatod w pay tho sums -°
<br /> �;,:.' ". sccurai by th�s Socurity Instrument;and(c)egrees that Lender end any olher Borrower rrwy agr�x to extend.modify�forbav a •
<br /> ��� '�N' niake any a�commodauons with ngard w the te.�ms of this Secwity Instrument or the Note without that 9orrowu's cansen� ��-_
<br /> '�''��x�{ 13.I.00n Cha�e�. If the loan soc�uod by this Secudty (nstrument is subject¢o a law which sets maxirttnm loon ctwrge,a. '�`
<br /> --�L_�.Y1Y
<br /> °-_-::==,�:;;;.. and ti�at Iaw is Cu�ally interprete�so that the i�terest or other loan chacges cpllocted or to be colkcted in connecdon with the loen
<br /> -'�_':� ::-��� eaceed tha permiaed limtts.then:(a)any such loan chargo sh�ll be re�u�ed by the amount neccssary to reduce the charge to the
<br />_..:s«ii:�:.;,::, :_
<br />�..::.,iiF�'.�Ttq r� '� p�tted limit;end(b)any sums alirady collected from Borcower which eacca:ded pemiittcd lImits will be rcfunded to Botrower. ..
<br /> -*�- �•'`'�!. I�der may chooso to make thIs refund by reducing tho principal owed and� the Note or by maldng a diroct payment w
<br /> -_.�::_.
<br />.:-,a;�„�,. Bo:rower. If a refund reduces principal.the reduction will be treated s�s a partial Prepayment without anY Pnpayanent charge ;.
<br /> _ ' under the Note. � -- -
<br /> ---•`�`�`. , 14.NMias. Any nodce to Borrower provided for in this Security Instnunent shall be givcn by dclivering it or by mailing lt -_
<br /> �`"'�'�.;;� , by first class mail unless appllcable law requires use of another method. 11�e notice shaU be dic�ctal to the P,ropecty Addmss or =
<br /> -?'p!"4�. .. . any other addcess Borrower designates by no6ce to Lerida. Any noace w Lender shall be given by fust class mail lo I.en�er's y
<br />--'��;,,,yx:-'�: address statcd herein or any othcr addmss Lender designates by nodce to Bonower. Any notice provided for ln this Security �
<br />"'°`;^:�:�;. . Inshument shall bo do�ned W have bc�n giveri to Borrower or Lcnder when given as provided in this para�aph.
<br /> -_ _ • 15.Cov�raing L�wi Severabili�ty. 'Il�is Sccurity InstrumenE shall be govemed by federal law and the law of the ��x
<br /> jurisdiction t��vhich the Property is located.In the event thateny provision or clause of this Security Inswment or the Note �4�____-__.___�.___�_�
<br />= '%�•�.°-•.� conflicis wlth applicahle law,such conflics shall not affect other provisions of this Security Instrument or the Note which pn be ��--- -
<br /> ' � given ef�ect without the conllicting provision.To this end the provislons of this Securiry Instrument and the Noi�ere declared to �-�-� --
<br /> • �� be severablr,. �`�' -
<br /> �- ,
<br /> .::°�u��
<br /> .. ,. ;� .
<br /> , � �_y:;•:,� �: .
<br /> Form 9028 OJOO •s:,,;.� t ' �,
<br /> �•QR(N�)fo2�2t.o, Paye4 01 E minau: �. _ i?ti �..:
<br /> .�• •
<br /> � � •��� . . . . . . •- •. . • ,
<br /> . i ' . ` _ ���. --
<br />`_. � �' - - ----- �__,�_
<br /> _ _ _ <:; ��.._-o..r�.-�-:__-_:-••-- �p1� -_=- ___=
<br /> ' .,�--...- �+ty�-.,,���:,sv{::1�`-•n.c----.�...----� .r+.-_.-�. nz__.�...:,�---- F�� � ' . '���7�"-" � .
<br /> , . . _ _ , .. . � ; •
<br /> . , pC
<br /> , `
<br /> .� '
<br /> . � � - . � . _ _ _._'_ ._ __f .�.__... . - -._. '
<br />
|