|
. ... . � i:If:�. .
<br /> - . `�w'� ., . �� .
<br /> .� ' '
<br /> ,-
<br /> '���Vfirt•. .� � :, . . .• !�•<. � , - .
<br /> �"�-u�'i,l'�'�. .. � • .. . ........._ 2 _. _
<br /> . ... . . • ._. . �i
<br /> . ..oe>:.+i:al�.;: . .. . . . . . . - '- -. .. . v � ' „ � �iil�M�� . . _
<br /> �.. .. " . . . . ., - �a- . �r••:y-_,
<br /> ` • . . .. �� � . . "' . � .�.� .�.: -
<br /> � . .. ..f+n..� ,�
<br /> .. . , ...�....'tir�l. _.
<br /> .. . � ���� �Y/��� i -
<br /> , . paymcnts moy na longer bo requUed,at thc apUon of i..endcr,if mongaga insunui�wvr.�c f��►4��cu�ww�r► w�d foi i;�u Eiellud ,
<br /> that I.ender requirc.a)providcd by nn insurer approved by Lcrtdcr ag�in becomes uvailnble and is obtaincd.Uorrower shall ppy thc "
<br /> • � premiums �rquired to maintain mortgage inseuance In effect, or w provide a loss reserve,unUl ihe requlrerncnt far mortgage ,
<br /> insuronce ends ln accordunce with nny writtcn�grecmcnt between Dorrowu anA Lender or applicable law.
<br /> � 9.Ynspeciioi�. I.endee or its ag�nt may maka rcasonablc ent�ies upon and inspcctions of the Pro}�eny. 1.ender shall givc
<br /> ' Blorrower notiw at the time of or prlor w an tnspoction specifying reasonable caus,°for the inspecdon.
<br /> ,;
<br /> :: r�. 10.Condemnation. 71ie proceeds of any award or claim for dnmages, olrect or consequentW, in connecdon with any -�
<br /> ° .,,,,, condenu�atlon or other tnldag of any parc of 1ha Property,or for conveyance in lieu of candemnation,are heteby nssigned und
<br /> shaU be prild to I.ender.
<br /> � In ihe event of e wtal tulcing of the Property,the proceeds shall Ue applied to the sums secured by this Security Instrument,
<br /> ". whether or not Ihen due,with any excess paid to IIarrowcr.In the event of a p;utial taking of the Propeny in whib the fn'u murket � _�
<br /> valne of the Property immedintEly betore the rokIng ls equal to or greater than the amount of the sums secureA by this Securiry ``'��-��'�-
<br /> ;1;?;'ro}iti,�,-�t..
<br /> �• ; Insuument Immcdlatcly before the tnking,unless Borrower nnd Lertder othcrwise egrce in wdting,the surns securcd by this ;�°•:'�'�;!;;:°�
<br /> • Secwrlty Instrurt�enl shaq be rc��by the amount of the roceeda mnld lied b the followin frecdon:(a) the cotel amour►t of .��;�:: �.�;`°;,
<br /> P P Y 8 ,;•�;,=..;f;;,'.;,'",,.
<br /> the ss�3ns sccusc�i i.�.a�2diately befa�ro the tA3cnng, divided by (b) die fair market value of the Properry imcnediately before the . �
<br /> tafcie�.Any bala�s sS�zs�l he pand�o Borrowe�r.In afie evcnt of a partial taking of the Praperty in which the fair market value of the ,� :a� -
<br /> . F"roge�ty immediat�]y before a�hE tating is less than the amount of the sums socured immedlacel before U�e tekinq, unlcss '�"�i.i��-
<br /> y .�r�,�::.;
<br /> �orro+ever and I.ender otherwls�ag�ee in wrlting or unless app�cable law otherwise provi��s,tne procecds shail be applled to the =
<br /> � sums secured by tfiis Securiry Iast�uument whether Qr not the sums are then due. � •rw`=.
<br /> .,._,
<br /> '-�, If the Property is abandoned by Bornnwer,or if,efter notice by Lender to Borrower ihnt uhe condemnor offers tn ar�a?ce an r .X�°;`._
<br /> - '� award or seule a claim for damages.Borrower f���➢�to respond to Lender within 30 days afier uha clate tlzz noiaa is givcn.9.ene?er =_�'_��-
<br /> . �� is au3�orized co c�Uect and apply ihe procecds,nz aic opdon,either to restoration or repais of tlne Property or to ihe sums sccured �.'R',:y{,;:;
<br /> � by thus Security Inswment,whe�her or not ihen ducs. ��;;���
<br /> � lTm�ss Leader and Borrow�a otfi�rwise agree in writing,nnY application of proceeds ta prirecipal shall not extend or postpone j,"�,;;;rt�
<br /> - tt�e dce d:,te of tms r.santhly pay-anen�s refetral w in par.�graghs 1 end 2 or change the:unaunt of such payments. _ _
<br /> � �' 1 i.Borrower Not Rek�;Fmrbe$rance By Lender Not a Wniver. �tension of Iho time for payment or moclificadon
<br /> � of amo�izadon of the snms s��anzc?by this Seciuity Instrument granted by II.,endar to any successor in interest of Borrower shall -
<br /> not ope�ate to release the linbil3ty v`.f ihe otigenal Bomower or Bonower's saccessors in interesG L.endet shall aot be requlred W
<br /> = comme.nce proccedir.�s�geirtst any successor in interest or refuse to eanend wue for pay►meni or oinccwi�c���-"r�'��:��II= •
<br /> - dxs sums seaum.d�g nhis Security Insuument by ma5on of any demand mac4e by the originel Somnwu or Borrowear's successors ��;°
<br /> _, in inte,res�Any fort�:�nce by Lender in caescisutg any dght or remedy st��l aot be a waiver of or preclude the exercise of any
<br /> - � dght or remedy. '`
<br /> ='�' � � 12.Suocessors and Asslgns B�und;Joint nnd Several I.labillty; Casigners. 'It�e covenents and agreemertis of this ��
<br /> - `' Security Instr�ment shall 6ind and be�csSt the successors and assigna of Lender and �orrawer. subject to�he pmv�sions of G;'-
<br />�'-�:��,;.�-�' -. paragraph 17. gorrower's covenants and egrcemenu shall be joint end several. My Borrower who co-signs this Security �
<br />_- ... • .�� instcument but daes not execute thc Note: (a)is w-signing this Security Inswment only to mortgage,grant and wnvey that
<br />
|