|
.,. •
<br /> ,l . A� - ' �- '..t__.^'s,�n
<br /> . . •_�a����:�_,
<br /> _ . . _,-:1_��FaY.._.
<br /> h �\r � . . . .. �A �.?• � . ' . . -�.1."s
<br /> . .�<IY(���Jt. • - . '�fHl�.4 1.'�d`_.t� . .. _ ,���rt,.,..""_ _— —_
<br /> ., ���.�. . . �� , '. ..,.;._I-•.._�'�v1:^�+
<br /> , . ��y. s . ,. .. > . . . . . .�. � „q • . .•{....p••-
<br />��;; -a.J,trv,:� r�l°•?+l71u�� `s�4�,'tk;j',j:'� . i-•. . , _ '',- . , . .... . . � ,. . . n !en�rie.at.-_
<br /> . ...��t.Y.r� �• ....+.. �..�i+''�" �r j,�✓r�.�✓i..._ - - � . �� � - -- .C:.��-��.---
<br /> ��X
<br /> . . . .
<br /> ...
<br /> . .i ; . . . - ..-
<br /> _ . . .. � .
<br /> . ,r � i • � , � , _.. �-
<br />-; s; . #y ,� . , ,,,_.�.. _.r,.,...�_..___.__�....--•...�._....��_....,..__._...., _.. ,..._.�.�.0 -
<br /> , . - -- -
<br /> ....� ._..�.:�. -.�
<br />� � ' J:1w�'a1'�S .. . . ��nvlv�n°+v���°r...-. ,-, . ....-. �-.�-•..-�...-.-.�_.. - _._. ._._...__
<br /> H.
<br /> ac.'-� �.- s _. -- . .. -. •� —.
<br /> . ,� � r
<br />-` � puyments mny no lonber bc mquired,ut the option of Lender, if mortguge insurattce cavcrugc (in thc.imount unJ f�r thc period
<br /> _�
<br /> that I.endcr requires) provided by un insurer Approve�i by l,cndcr uguin becomcs avuilublc und is ohtained. Burrnwcr� u puy
<br />'•�-•�;.�,,�'' the premiums requircd to muintain mortgagc insurancc in effcct,or to providc u loss rc+crvc,until thc rcyuiremcN fi�r mortgage
<br /> insurance ends in Accordance with any written agree=nent betwc:en Borrower and I.ender or applicublr luw. CQ
<br /> 9. Inspection. Lender or its ubent niuy make r�sanabic cntri�:s upon and inspcctians nf thc Pro�eny. f.ender+htill �!ive UO �
<br />- '�� Borrower notice at the time of ar priar to an inspection specifj+ing reasanable cause for the inspectinn. �
<br />= 10. Condemnation. The proceeds of uny award or claim for damuges, di�ect or consequentiul, in crninectiun with uny �
<br />__:; condemnation or other tuking of any part of the Property, or for conveyance in licu of condemnution,ure hcreby ussigned and �
<br />-,�,. shall be paid to I.ender.
<br /> In the event af a total taking af the Property,the procceds shall be applied to the sums securecl hy this Securiry Instrument.� .
<br /> • whcther or not then due, with any cxcess paid to Borrower. In the cvcnt of a partial taking of the Property in which thc fair�
<br /> ' market value of the Property immediately before the tuking is equal to or greutcr than the amount of the sums secured by this
<br />_ • Security Instrument immeciiately before the taking, unless Barrower and I..ender atherwise ugree in writing,the sums secured by _
<br />' this Securiry Instrument shall be reduced by the amount of the proceeds multiplied by thc following fraction: (a) the total
<br /> • � amount of the sums secuted immediately bcfore the taking, divided by (b) the fair market value of the Property immediately
<br />�'--�.�x:"� ' before the taking. Any balance sha�l be paid to Borrower. In the event of a purtial tnking of the Property in which the fair
<br />-. ' market value of the Property immediately before the taking is Icss than thc amount of the sums secured immediately before the
<br /> - •� taking,unless Burrower and Lender othenvise agree in writing or unless applicable law otherwise pravides, the procu;J�shull _
<br /> ;'. ��• : be applied to the sums securcd by t}�is Security Instrument whether or not the sums are then due.
<br /> If the Property is abandoned by Bonower,or if,after notice hy Lender to Borrower that the condemnnr offcrs to make sin �
<br /> � T . award ar settle a claim for damages. Borrower fails ta respond to Lender within 30 days after the date the noticc is given,
<br /> I.ender is autharized to collect and apply the proceeds,at its option,either to restoration ar repuir of the Praperty or to the sums _
<br />_,+� setured by this Security Instrument, whethcr or not then due.
<br /> r Unless Lender and Borrower athenvise agree in writing, any applicntion of proceeds ro principal shall nor extend or
<br />' � � � �� postpone the due date of the monthly payments refened to in paragraphs 1 and 2 or change the amount of such payments. -
<br />'� � � 11. Borrower Not Released; Forbearance By I.ender Not a Waiver. Extension of the time for payment or modification
<br /> s:�
<br /> of amonization of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall
<br /> _ '�r not operate to release the liability of thc original Bonower or Borrower's successars in interest. Lender shaU na be required to
<br /> � 'n'�• commence proceedings against any successor in interest or retuse ta extend time ior pnyment or uiherwi�c u�udity aiii�rtization
<br />� ;• • ' of the sums secured by this Securiry Instrumcnt by reason of any demand made by the ori�inal Bonower or Borrower's
<br />�-z,f..,F,,,,. :
<br />�,, .,;�. .•, ;� successors in interest. Any forbeArance by Lcnder in exercising Any right or remedy shall not be a waiver of or preclude the
<br /> -f�.'�.: � ',.��, exercise of any right or remedy.
<br /> ===:�:;.-..j�:r
<br />-- 12. Successors and Assigns Boundt Joint and Severul Liabillty; Co-slgners. The covenants und ugceements of this
<br /> a.�S��4��� k..
<br />_,.;��,.,,.,i,.* Securiry Instrument shall bind snd benefit thc successors and assign� of L.ender and Borrower, subjcct to the provi�ions of
<br />_,,��„�.,.�_�,' paragraph l7. Borrower's covenunts und ugreements shall be joint and scveral. Any Borrower who co-signs this Securiry
<br /> =-'=-s�^�+.�' Instrument but doe.s not execute the Note: (a) is co-signing this Security Instrument only to mortgagc, gr3nt and convey that
<br /> .F.. - ,
<br /> _ '•�'' '" Borrower'x intem�t in the Property under the terms of this Sccuriry Instrumcnt: (b) is not personally nbligated to pay the sums
<br /> �._..::�`y .:•"':`.
<br />��q.;:w{:•,;;�T' secured by this Security[nstrument;�nd(c)ngrees thut Lender and any other Bo�mwer may agree to extend, modify,forbear or
<br /> .''� '=-��'�•� make any accommodc�tions with regurd to the terms uf this Security Instrument or the Note without thut Bottower's consent.
<br /> =.-L:�4_.�.....:.r7 .
<br /> J^"�'=��Sy •-:—''° 13. T.oan Char�;es. If the luan secureci by this Security lnstrument is subject to a law which sets maximum loan charges,
<br />-'- -x:�:,:�':�s'��- and that law is finally interpreted so that the interest or other loan charges collected or to be col(ected in eonnection with the
<br />?"!�+?''�;,_� loan eKCeed the permitted limits,then: (a)any such loan charge shull be reciuced by the amount necessury to reduce the charge
<br /> ="��•�� ° � to the permitted limlt;und(b) any sums already collected from Borrower which exceeded permitted limits will be refunded to
<br />_:�-��-`'```�,
<br /> , Borrower. Lender muy choose to make this refund by rcducing thc principul owed under the Notc or by making u direct
<br /> _ • • payment to Bnrrower. If a refund reduces principal, thc reduction will bc trcatcd us a partial prepayment without any
<br />` ,j� �;:'S prepayment charge under the Note. -
<br /> - . t4.Notiees.Any notice to Borrower provided for in this Security Tnstrument shall be given by delivering it or by muiling
<br /> .:,.�,: .
<br />_�,,,_,....,. , it by Crst class mail unless applicable law requires usc of another method.Thc notice shall be direct e d to thc Property Address
<br />-_ ' or any other addrcss Barrower designatcs by ��oticc to Lendcr. Any notice to Lender shaU hc given by first class mail to -
<br /> - � " I.cnder's address stated herein or any other address Lender decignnte� by notice to Bonower. Any noticc provided for in this -
<br />''' ' Sccuriry Instrumcnt shall be deemed to have bcen givcn to Borrowcr or[.ender when givcn as provided in this parugraph. _
<br /> . 15. Governing Luw; SeverabiUty. This Security [nstrumcnt shall bc govemed by fcderal luw unJ the law of the _
<br /> jurisdiction in which the Property is lacated. In the event that any provision or cluuse of this Security Instrunxnt ur the Note _
<br /> conflicts with applicablc luw.such conflict shull not uffect othcr provisions of this Sccuriry Instrumcnt or thc Nac which can bc =
<br />- given effect without the conflictin�;provision. To tliis end the provisiuns of this Security Instrument arid the Note are declnred �
<br /> to bc sevcrablc. -
<br /> - lb. BorroK�er's Cnpy.Borrower shall hc given onc rnnformcd copy of'thc Notc and of this Sccurity Instrument. _
<br /> - Form 3028 9/90
<br /> rnpu a o�a —
<br /> '—___ —
<br /> ""_._'__�
<br /> ._._.••.._.._. ' .._..'._'__'_..
<br /> ..'___._.._..,...__.____'_.._. "___.__.�rF
<br /> i
<br /> . . - . .. _. . . ._ . _ . . ._....�r<'*N.._...a•+MMVr
<br /> . � _
<br />
|