|
•..�. : . T-. c 1 � . ..� �1-
<br /> ., - . . • . .
<br /> S .'. . '•'S"�' l:+va..;.:.�._...J..::...-� .. `�:1.',. '...:.:..- '_._'�...._ . - �.L_�� _ _ _Q._' 4 _ S __ �
<br /> '. :; >. v._ t �� ' - '�cT,\ _- -- _ -� - � -lY- .� <^.-
<br /> --`— - -, " : .._ w
<br /> .,,,,r,,/ ..,. F:�•° C " � . - Y - � k , � � 5'f 4 ti o �' 4 . `..
<br /> -i- � s �. - ¢;
<br /> k ' F. � t � ! ` . .� i __.<� .C� 4. . ` -t -Ec jC C .N`"
<br /> . '- £ �.�' � _ `" !.=" . r... �Q
<br /> -1' � '� +_� ,. �t °`
<br /> '� •• k . . . �, ' • � , -�- C Y�' � . ` � 4. . - � ,
<br /> .a; �t � -..Q.�. -� - .. a' a� p . , _.i �' �`,.` : ...
<br /> ,, _ . • � , . . '� . . � � ,� � . . , . �� . _ - �,� _
<br /> • . �. .�< � �` � t`.� � . ' 'r: . _� ` , . %, r . . , • � ., e �w
<br /> ___ '_ ._ _ _ _— 5 _ _F. `'L� r��.`u:. . „/` � � . . , _ � C K� � 1 _ ..
<br /> ., �, :� - 9�--��� �`� t ��
<br /> � �.�. �.
<br /> .� .,.�. .
<br /> .. . payments may ao tonger be required.at the uption of Lender.if m�rtgage insurance rnverage(in the amount amd for the period �.: l ;
<br /> `¢_a;�y: _ �.'(.
<br /> cbat Leader requims)provided by an i»s�rer approved by Lender aga'°6ec°caes available and is obtained.Borrower shall pay �
<br /> , . �h¢preraiuums required w maintain mortgage insatance in effect.or to prnvide a loss reserve.until the requirement for mortgage y-;":.:.�'``.;' .�
<br /> ms ��
<br /> � insuiance ends in accordance with anY written agreemeat between Borrower and Lender or applirable law. � �..�.:•` �. "
<br /> � . ` �- aace � � Lender shall give . :-,, ;:.
<br /> .�,. 9.Insped�on.Lender or its agent may make reasonable entries upon and i ectioas of the Pro rc}r: ' ;
<br /> • , Botrower notice at the time of or prior to an iaspeetien specifyinS reas°nable raeise for the inspection. ` ..
<br /> - ; 10.Cond�nation.The praceeds of any awarc!or claim for dama�es• direct or consequential. in connection with any ,,? ``
<br /> '' :Y" condemnation or ather taking af any part of the ProPertY•er for wnveyance in li�of condemnation, are hereby assigned and ,
<br /> : � „ ' :-� s}iall be paid to Lender. � ;�,;� k;
<br /> . • In thc event of a total tatong of the Property.the prooeeds sha11 be applied to the sums secured by this SewritY Instn��• ` a
<br /> ._ . _ Y t ."�t..� � �_ _
<br /> - �'"`'; whether or not ttien due.with any excess paid t°B°iT°wer. In the event of a partial taiung of the Property in w6ich tiie fair ',' � _.
<br /> , _ . unmediately before the taking is equal to or greater d�an the amount of the sums secured by this � .:r '...�:.,_:=.
<br /> market value of the PrapertY � an .:
<br /> in ariting,the sums secured bq °°�"'-
<br /> Securit5!Insuument immediately before the taking,uuless Borrower and Leader otherwise agree , ' ,, T
<br /> t�is Seca�rity Insavment shalt be reduced by the amount of the proceeds multiplied by the following flaction: (a) the tatal ,� , , ,�� 'l
<br /> � immediatel
<br /> � t� amount of the sR.�;...^s secured isnmediately before the taking.divided by(b)the fair market o u���Op n which the fair t`� _--
<br /> - �,t.. ..+..,�'��.-,F:
<br /> r b e f o r e t he takin g. An y balanse shall6e paid to Hormwer. In t6e event of a partial taking P� before the � _, -
<br /> . ' � market vaIue of the Properry immediately before the taking is less than the amonnt uf the sums s e c u r e d i m m e d i a t e l y
<br /> ': talang.unless Borrower and Lender otherwise agcee in writing or unless applicable law otherwise pmvides.t6e pmc�eds shal} ° .' y
<br /> ..,�.��';, ;`.�,
<br /> -� .`��� " 6e applied to the sums sec�red by this Security L�tr�ment whet6er or not the sums are then due. :�. ,'...:
<br /> . If the piroperty is abandoned by Borrower.or if,after nodce by Lender to Borrower that the condemnor offeis w make an '�°- - -
<br /> "" -�- - '•:'�'', aaard ot seqle a claim for damages,Sarmwer fails to nspand ta Lender wlthin 30 days after the date the notice is given, ;R�_
<br /> �- --- L e n d er is a u t h o r i z e d t o c ollect and a p p1 Y the proce�ds.at its option.either to restoratioa or repair of We Property or to the sum4 ='�""`�
<br /> , � :. '."': � secured by this Security Insttumenc.whether or not then due. �• =-�';--
<br /> , in writin an a ltcation of proceeds to principal shall not extend os � ���_ __
<br /> ^ >. ; Unless Lender and Borrower otherwise agree ing. Y PP� ' :: ,.
<br /> . L��ir� _ ._
<br /> __ _ �-. „ �' _��,;�,r 1 postgone the due date of the monti�ly payments refem�d to in paragraphs 1 and 2 or change the atnount of such payments. 4,��,._.
<br /> ll.Borrowet'Not Released;Forbearance By 1.ender Not a Wai�'e�'.Extension of the time for payment or modification ��: :
<br /> of amortiTation of the sums secured by this Security Instrument granted by lxnder to any successor in interest of Borrower shaU . ��_� ,��,�,$,_
<br /> , ��—
<br /> . . '� �" not operate to release the Gabillty of the original Borrower or Borrower's suceessors ip interes� I.ender shall noi be required to �;.,, �q,;
<br />• � �' '��'��� commence praceedin&S a8ainst anY successor in interest or refi�se to extend time for payment or othemise madify amnrti�tion ,;:-, , -_ ._
<br /> • . - �, `� .f� of the sums se�aued by this Securiry Insuument by reason of any demaud made by the original Bonower or Borrower's ..iY----
<br /> . successors in i�terest. Arry focbearance by Lender in exercising any right or remedy sha11 not be a waiver of or preclude tbe _;_, ��.
<br /> � ' { exercise of any right or remedy ments of this � � ��'
<br /> "-� � �_ :.�.. . .:. `t�:` l2. Successars and Asdgns Boaiud Joiat and Several Liabflity:Co-s3g¢aeps. The covenanu and agree �Y ,.a.11::�
<br /> ' gecusiry Insriument shall bind and benefit the successors and assigns of Lender and Borrower.subject to the provisions of '„ _
<br /> .. . ` , ' paragraPh 17. Boaower's covenancs and agceemeats shall be joint and several. My Borrower who co-signs this Security ... .`� -
<br />- �, instrument but does not execute the IVote:(a)is co-signing this Security IRStrument anly to mnrtgage. grant and convey that
<br /> • ' � � e under the terms of this Security Instrument:(bi is not personally obligated to pay the sums �=�-.�����
<br /> . Borrower's interest in thc Prop rty ��''-�'---
<br /> to extend.modify,forbear or �
<br /> � secured by this Security Instrument;and(c)agees that Lender and any other Borrower may agree ,
<br /> • • ' make any accommodations with regard ca the terms of this Securiry Instrument or the Note without that Borrower's consent. �..''..��,,.,���:
<br /> " 13. I.oan Chaeges.If the toan sepired by this Security Instrumenc is subject to a law which sets maximum loan charges. � �-._.-.�_ • �.
<br /> ` and that law is finally interpreted so that the interest or other loan ctiarges collected or to be wllected in connection with the �V." '-L—
<br /> � �o����e p���¢d>ip�;ts�then: (a)any such loan charge shalt be reduced by the amount necessary to reduce the cha�e �
<br /> to the pernutted limit:and(b)any sums already coltected from Borrower which exceeded permitted limits will 6e refunded w •';;: Y ___
<br /> � ' Borrower. Lender mey choose to make this refund by reducing the principal owed under the Mote or by making a direct �.' �N .�
<br /> " " .. � •payment to Borrower. I f a re f un d r e duces princi pal. the reduction will be treated as a partial prepayment without an}r . �.,,.-
<br /> " • prepayment charge under the Note. ' -
<br /> ' 14.Nottces.Any notice to Borrower provided for in this Security Inswment shall be given by delivering it or by mailing ^��;
<br /> � •• ' . it by first class mail unless applicable law requires use of another method.The natice shall be diruted to the Properry Address ''� „. � �
<br /> � . � ' .. or any othe� address Borrower designates by notice to Lender. Any notice to Lender shap be given by first cla4s mail to •' •
<br /> ' � � Lender s address stated herein or any other address L.ender designates by notice to Borrower:Any notice provided for in this ;';.,,,.',�,°°�.
<br /> � .. . � ' Security Instwnent shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. . , _�
<br /> � 1 5.G o v e r n i n g L aw; Severabllit y. This Security Instrument shall be govemed by federal law and the law of the
<br /> � , ' jurisdiction in which the Property is located.In the event that any provision or c lause o f t his S e c u r i ty I n s t r u m e n t o r t h e N o t e
<br /> . : . . conllicts with applicable law.such wnflict shaU not affect other provisions of this Security Instrument or the Note which can be ..'i-
<br /> . • . . • given effect without the conflicting provision.To this end the provisions of this Security Jnstrument and the Note are declared
<br /> .�� to be scvetable. '
<br /> ' 16.Boreower's Copy.Borrower shall be given one conformed copy of the Note and of this Security Instrument.
<br /> ,�` � ' , Fmm 3028 9I90 . .
<br />•. � . . � ' �. . Peqe 4 of 6 . .
<br />� .i. .. � � .. . -. .
<br />.- �- • ° — . . " � .
<br /> ,; . . . . . � - . � . . ,. .� . � . . . �
<br /> ._ • . � . , . . . . . . . I . . ', _ . . _ . . .. . .
<br /> . _ . , . .. � � .. .. . . . . � ' . ..���..�-.,YS�-�!�.�._-.�..�.�.-,`..._..t�t__.'--
<br /> .
<br /> . . .
<br /> �'-- - � �� . .� . ... , � . ._.. _ ..--- •.. _--- -- -- � ..�� . �.. ..�� . .._ _ '"''- - - -. -._ . . . .--- - - _�_... . _. ,._ . ' ��-
<br />
|