|
r��.� ._ . . .
<br /> _ . _ ` . . �;r; . , ..r,�,� .�
<br />. . . , ' " ` . ' , . + ( . �.� . .. -.
<br /> . . ' ' , �. , . . ` � ' . . . . . .. , , . . , '' '� ,:'i�.
<br /> . r. < � ; • . . . � . ' , . , ` - ' . �
<br /> . , ., - �
<br /> • .
<br /> . �. . , .. ,. . .
<br /> � ' ' ' t - - -
<br /> ..�. _
<br /> ' -`�-- . . ., . . . .. �. �� �------- - .
<br /> �. . _ <� �
<br />-- _ _.--- _ --"----- "� ` °-
<br /> .-� _�-__-- - - ._ . ....._.. __ _._..,..- ----� -'°-�- --�'� -_ �t' -
<br />..�`.� ° { • . .. . 1 . ` .,`+r.��_.
<br /> �Y`� �lD�/f5u�
<br /> paymea►ts may nfl longer be required.az the opUOn of Leader,if mortgage iflsnrance wverage(in the amaunt and for r�he p�iod � ��`
<br /> ' thaz Leader requires)provided by an insurer agproved by Lendea again becomes ava7able and is obtained.Bocrower shall pay the � ' �` —.'---
<br /> premiwns required ta maintain mongage insutance in effect,or to provide a loss reser+e. until the requiremenc for mortgage . . �� `'"`�`' `
<br /> .� .,-..R,
<br /> ,',.�� --
<br /> ;•. insurance euds in accordance with any written agreemeut beiween Borrower and Lender or applicable law. .. ; �3�
<br /> 9. ectian. Lend�or its ` `•'*�`:
<br /> � Insp agent may make reasonable enuies upon and inspzcaons of the Property. Lender shall give , „ _ _
<br /> _ Borrower notice at the time of or prior to an inspecdon specifying reasanable caose for the inspection. � ` • " ' �:
<br />— 10.Co�t�emn�Elan. The protee�s of any award or clairn far damages.�irect or cnn�queatial, in connectioa with any . _.�_- ;-, - ..'-
<br /> �•
<br /> condemnation or other taldng of any past of the Property.or foa conveyance in lieu of condemnarion,are hereby assigned and �
<br /> � sf�all be paid to Lendea. " -,-�.:- _-
<br /> � ��r.
<br /> In the event of a tnrai ta?�ing of the Property,the proceeds shall be appHed to the sums secured by this Sec�rity Insuument, .. . ,
<br /> ' w6ether or not then due.with any excess paid to Boimwer.In the event of a partiat talcing of t6e Peoperty in which the fair marlcet ::�•. . �... �:�=+`�,'
<br /> valice of the Property immediately before the taking is oqual to or�ater ti�an thc amount of the sums secured by this Security '":,' .: �.� _- •
<br /> •����—�'r-::
<br /> Instrument imaiediately befoie the talring, �ess Bauower and Lendca othervriscs agree in arriring,the sums sec�ued by dus �`==—
<br /> Security Insuument sball be reduced by the amount of the pmoeeds mul�pliad by ihe follov+ing fiacti�oa (a)the tntal amount of � '"'��`'��`�i�
<br /> the sums secured immediately befoie the taging, divided by(b)the fair m�dcet valae of the Propeny immediately befo�the '_'���- -
<br />,�<.s taking.Any balance shall be paid w Bonowe.r.In the event of a prrual taking of the Avperty in wdich the fair mazket value of the .�';;,�=-
<br /> , Propexty iaunediately beforE the tatdng is les.s d�an the amount of the sums sepued immediately before We takmg, unless , • �-�'-
<br /> � Boaowes and I.ender otheawise agree in writing oa unless applicable law othe:vvise prnvides.the proceeds sh211 be applied tn the ; . _ ..,r•� °_
<br /> s�uns secumd by this Secm�ity Instrumeni whedier or aot the s�uns are then dna . . �• �-�:�—.��-
<br /> . I f t he P r o p e rt}r is a ban d on e d by Borrowea,or i f,a f t e a no 6ce by L e a der w Bormwe,r t h a t�s con d e a e nor o ffers t o mya an � °.,- - --�.
<br /> award ar seu2e a claim for damages,�armwer fa�s to respond to I.euder within 30 days afte,r the date ths aoti�e is given,I.�ider , r.;--�=__-�:.
<br /> —� is authorized tn coltect and apply the proceec].s,at its option,eftha to reswiauon or repair of the Property cr t,n�e sums sec�ued �-- - ��::�.
<br /> by this Security L�strument,whether or noi then due. �� _:�; ,
<br />� Unless Lend�and Borrower othernise agee��g,any application of pmceeds t�principal shall nca�tend or postgone -"`"�::.°"�
<br /> the dae date of the monthly payments refared w m g�ag�phs 1 and 2 or change the amount of svch payments. � � �t�'��
<br /> •,'i�'.� .
<br /> � 11.Borrower Mot Rekased;Forl��.�ce By I.�nder Not a Waiver. F.�c�.enson of the time for payment or modificarion , �_;,;;,,K '�`;�,�"
<br /> ��' of amo�nn of the su�as seaued bi¢t�Secuii�y bnstmment granted by Lender w any successor in interest of Bonower shall
<br /> ; +., .�.: :.
<br /> ;�.; not opraate ta release tdia tiahility of zbe�gsual�-.;:�ower or Bonower's saccessois in imerest Lender sLall not be requ'ved to i , :a��. •
<br /> commence proceedings�mst�y snc�z in in^�est or refuse to extend time for paymeat or c�eawise modify amoroi�arinn of ; •:;:, ' : -
<br /> the sasns se�.ued by this Secarity Ins�aent by reasfln of any demand made by the original��wer or Boaower's suoce�.�s .,'' ���; � -r `
<br /> i n i n t e r e s t M y f o r b e a r a n ce b y L e n d e r i n e a c e n i s u ig a ny ri g h t ar rem e d y s h a l l no t b e a waiver o?or prec lu de t he exercise a�pny ;.' •� � ��
<br /> right or remedy. ;�. •
<br /> l�.Saccessors andl AssIgns Bon�d;loint eud Severnl Y.Iabllity; Co-stgnws. Tiee covenants �d agreements of thig :;�,F�;
<br /> Security Instrumea�t shall bind and ba�e6t the successors and ass'sgas of Lea�der end Borrower, svbject to the provisions of . '� .:si,.�-`�
<br /> e
<br /> - Paiagaph I'J. Horrowa's covenants and agreem�nfs sha11 be jaint and seveaaL Any Bosmwer aho co-signs this Security � - � "��;-,_
<br />. ' Instrame�t bnt does not execate the Not� (a)is co-slgrung this Sec�uity Instrument oNy to mortgage,grant and convey that � " ��: '.1;} ''�
<br /> Borrowea's intrae.st iri the prope�ty onder the t,enns of this Securiry Instrum�x(b)is not personally obligated oo pay die sums . �-=��...�—"=-=-
<br /> r �
<br /> sec�ued by this Sec�ity IasflnIInen�and(c)agrees d�at Lender and�►y other Borrower may agree to extcad modify,forbear or ',N� _
<br /> :��.
<br /> . malce any accommodatians wit1�regard w the teams of this Security Instrument or the Note withoat tbat Barmwer's consent
<br />: 13.I.tis;�a Charge3. If the L�an secured by this Securiry Ins�ument is sub,�ect w a law which sets tuaaimnm Ioan ch�ges, �
<br /> and that Izvi as finalty inteapreted so that the interest or other Ioan charges collected or w be collected in connecdan witP�the 2oan - + .
<br /> � a�ceed Cie pec�nitted limiis,thea(a)any such loan charge s�atl be reduced b t�+e amount n � �
<br /> atl y ecessaryr w redace the charge to tbe ;:�`�'�^==- `_
<br /> pamimed Wni�and(b)�,y sums sitready colle�ted fmm Bomnwer whtch excee'..st!�eamitted limits will be nefunded to Horrower. � ��-:-
<br /> r
<br /> b.cnder ma choose w e�tce this rePond b reducin the y � p adirect paymea�t to ��`��-°+
<br /> � y y g principal owed ur���thha Note or b maYir
<br /> �: � Boaower.If a refimd reQnces principal,the reduction will be ueated as a pafiial ps�payment without�:}prepayment charge
<br /> ..-,.
<br /> �.
<br /> ,•:( �der the Note. �
<br /> � 24.Notices. Any aotice to Bolrawer provided for in this Security Inswment shall be gn•�7�y delivering it or by mailing it .���''����.
<br /> by first class mail�ev�pplicable law req�ires nse of anoiher method.'Ihe na�shall be dire�cted w the P�perty Address or . ,.:� ;�,.�'
<br /> any ott�r address Bor.�r-.*er designates by notIce tn Lendea. Any notice w Lender shall be given by tirst c"�ma�to Lender's � .. �.-� -
<br /> address staied herein or any othea address Lendea destgnates by rotice to Borc�wer. Any notice provided for in this Security �� .,•,
<br /> • InsWment Stall be dezmed to have be�r►given to Borrower or L��when given as yrovided in this paragraph. ,"�,."�'�r'�
<br /> 1S.Covernmg Law;Severabllity. 'ltiis Secvrity InsOnunem shall be goveaned by federal law and the law �g the ;:.y,. • �:-•..'.,..>�-
<br />. jisrisdiction in whicb �;,Prap�ty is bcaie8.In t}.�.a�aent that any provision or elausc of thL9 S�urity Instrument ar the IVote . .�:;.�t';�yj�;,����;i�.;�1.:'..--
<br /> conflicts with apfllicat�e lk�ar.such wnflict shall no2 a�.•`ECt other provlsions of tt�s Security Instrument or the Note which cnn be . �+{;;f��.;��>�"�;:s>'%t°
<br /> vetl effeCt aithout G`�.O�nfliCtin �11�;�k;�n!'c�`!�:�
<br /> gi g provision.To this end the provisions of thi�Security Instrument and the Note are declarod to '?':.' ��,• •�•r •.
<br /> be seveiab2e. . °"�'��:::`�'��"�7"".
<br /> ,.�
<br /> •-�,����L .
<br /> .,
<br /> Fo�m 8028 9J90 • �� _
<br /> 1�'j -EA(HE)fo2�21.0� vap•4 of e innuis: . . �..;..,:�Y- '.
<br /> • t , , •
<br /> . :---�---- _ . --_ . . . -� ;... . � • . . .. . - : . �� . ,
<br /> . . • ... � . ' ,� .
<br /> � -� . . . � . �,• ' . . � � . . _
<br /> . . :�: ., .. .
<br /> • � � _� .t:..�. -:--,•---- - ... ,, " �
<br /> -- __ . • .--••...�_....,�_,�-_,.�..-----..—..._._.. . . . , - : . - .... . -..,.
<br /> � t. , . ; '.. + � �� �� ' ( . . Y' � � . ' _ ' . 'c . .°, � i'� ^.�,� .
<br /> . . j . �•Si . . . ... . . _ .. .. , . _ . ... �. . . � . . .. .,. .:�'.�r:
<br />
|