|
, - . �`�r . � �:�..,
<br /> • , jrr ' ., „ • r . , . • ' . �.,�`
<br /> •�.+�.�r�..;•:...,,.- -w . = - --
<br /> ..�,....�nw"Ma�►6hfiNji�AVyii�Ue�,!..,. • . . . . ' • .. . _� .,,..�.�..-• -
<br /> =.�:��:.t.,�.�..,-:. i., � . „ , . , �. �'!�;�•�,;.5 — _
<br /> � . ' , :r�';�'s:�, _ ..i.;7h: �s ,. .�... .. .,..�'�,:._
<br /> .. , .
<br /> . .. i . � . .L. - _
<br /> _ ....r.:.....r�. -..i.r...- . . . . . . .. . . - ' " . ..
<br /> .
<br /> .. .. . _"_, .._ ... "- —_..._..._. . _' " _- - .
<br /> .. �l.r__..l__ � «.���..l.�ut�_'_�..-' ' __'.�_ �� ' . —"��_'". .. .. "__. .. .,.. .. ." '__^' ���Y��v..._-...
<br /> - . . .. ' .i - . r3l!w
<br /> . - 1 . .. . ��'
<br /> . .. . - - ..1 .. , ' ,.. � . , .. . �-,T_Jf�i:\�11d1/t�v�7'G'�'._--.---L�...L]sY��...
<br /> . . • , T_ _
<br /> `'1
<br /> . , .. _.. ._.__, ,.
<br /> - . � .. . .. .. . . .-. n_ .... . . .. �
<br /> . ... ..... ..._ ...�� . -... .. .,.__ _. . . . .
<br /> 9�- ����39�E�
<br /> „ ' paymcnts may ni�lungcr bc rcyuircal,at U:c optioii uf I.xndrr, if nu�rtgagc insuruncc ruveragc i in�hc umosmt iind fi�r�hc period �`
<br /> ,: �,.:
<br /> thnt I.cndcr rcquircs)providcd hy un insurcr upprovcd hy I.endcr agnin bccomc:ti avuilnblc nnd i+��btuincc�. Horruwcr shttll pay �
<br /> ehc premiumti reyuircd to maintain murtEu�c insurunrc in cffcct.or to provieica luss rescrvr.until �hc requircmcnt far mortguge
<br /> •' ,t„� insurunce ends in uceordance�vith uny written ugreiment between Botr�wer :ind Lender or applicahle law. ■r
<br /> • , _ � 9.Inspectton. I.ender or its agent may muke rcusonuble cntrics upnn and inspections of thc Property. Lcnder shall give �
<br /> •��a��i�+ Eiorrowcr noticc.0 thc timc of or prior to un inspcction sperifying rc�GSOnable causc for Qic inspcction. �:
<br /> � 10. Cundcmnntton. The proceeds of uny uward or claim far damages,direct or consequenticd, in connectiun with any
<br /> y, � 1��_
<br /> cundemnation or othcr tuking of any part of dic Property,or for conveyance in licu of condemnation,arc hcreby,ussigncd and
<br /> ,�r� �h;dl hc paid to[.cndcr. �'
<br /> ��
<br /> . �,� In thc cvent of a total taking of thc Propeny,th�proceeds shaU be applicd to the sums securcd by this Sccurity Instrumcnt. � :
<br /> �, ; �vhcther or not thcn due, with any excess paid to Borrower. In thc cvcnt of a partial taking of the Prop,,ny in which the fair �
<br /> . . j market vuluc of the Property immedintcly beforc thc tuking is eyual to or greater than thc umount of the sums secured by this e=
<br /> ' � Security Instrument immediatcly before the taking, unless Borrower and Lender othcrwise ugrec in writing.the sums secured by �_
<br />:.;i ;��,,_ ." this Securiry Instrument shall be reduced by the umouht of the proceeds multiplieci by the following fraction: (a} the total �
<br />"`��.�.' " amount of the sums secur�:d immcdiatcly before thc taking, divided by(b) tFe fair marEcet vulue of the Propeny immediately
<br /> _ �_ -,
<br /> -, j�.."; bcfur� the tuking. Any balunce shall bc paid to Borroa�cr. In the event Uf a partia! taking of thc Pmpeny in which the fair �
<br />..°,,��.,:'�k-� . market value of the Propcny immediately before die taking is less than ihe amount of the sums secured immcdiately bcfore the -
<br /> taking,unless Borrower and Lender otherwise ugre�in writing or unless applicable law othcrwise provides.the proceeds shull
<br /> _:i:�,1:, . Be applied ro the sums secured by this Securiry Instrument whether or not the sums are then due. �,'
<br /> ->;�:x�'"'�' If the Property is abandoned by Borrowe:,or if,after notice by I,ender io Bnrrower that the condemnor offers to make an _.
<br /> �•'� ' uward or sctUe a claim for damages, Borrower fails to r�spond to I.�nder within 30 days aftQr the date the notice is given, �'
<br /> �� •.�:
<br />,, ;.. .,, .. Lender is;�uthorized ro collect and apply the praceeds,at its option,either to restoration or repair of the Froperty or to the sums _
<br />_-;o;:;�,�� secured by this Security Instrument,whether or not then due.
<br /> _::;"�,,.,� Unless Lendcr and Borrower utherwise Agree in writing, any applicuiion af proceeds to principal shall r.ot extend or
<br /> '—`T.M:4]t!!Q postpone the due datc of the monthly paymcnts refened to in paragraphs I and 2 or change the amount of such payments.
<br /> -�•��� 11.Borrower Not Releused; Farbsarnnce By Lender Not a Waiver.Extension of the time for payment or modification
<br /> -="�� c C �. � h t ��ritv nc tmw t oranf�r� hu �rnci.�r tn any �ucce.�sor in interest of BorroWCr Shall
<br /> ---- v�d�aa�i�l'util�r Ja�w Sl:i."'��.°+..°"..:::.°X3 ..�.�255�' ..� I tr_ !!_o.._..'— - -
<br /> .�.y�:�?� ..,�
<br /> -�;,t�r� not operatc to relcase the liability of the original Borrower or Borrowcr's suaessors in interest. Lender shall not be required to
<br /> _����.� commence procceclings against any successor in interest or rcfuse to extend time for paymem or othcnvise modify amortiaation
<br /> -_— of thc sums secured by this Securiry Instrument by reason of any demand enude by the original Bonower or Borro�ver's
<br /> - -m successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the
<br /> ---���' exercise of any ri�ht or remedy. -
<br /> - - � 12. Successors and Assigns Hound; Jolnt pnd Several Liabl!ity; Casigaers. The covenan�s and agreements of this
<br /> —= Securiry Instrument shull bind and benefit the successors and ussigns of Lender and Bonower, subject to the provisions of
<br /> --===--- paragraph 17. Borrower's covcnants and agrcements shall be joint and several. Any Borrower who co-signs this Security
<br /> — ---- Instrument but does not cxecute the Note: (a) is co-si�ning this Securiry Instrument onfy to mortgage, grant and convey that
<br /> Borrower's intcrest in the Pmperty under the terms of this Security Jnst�umcnt; (b) is not personaUy obligated to pay the sums
<br /> secured by this Security Instrument;und(c)agrees thut I.ender and any other8orrower may ngree to extend,modify,forbear or
<br /> make any accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's consent. —
<br /> — !3. LoAn Charges. If the loan secured by this Security Instrument is wbject to n law which sets maximum loan charges,
<br /> and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the
<br /> � loun exceed the pernutted limits,then: (a)any such loan charge shall be reduced by the amount necessa�y to reduce the chtu�e
<br /> --• to th�permitted limit; und(U)uny sums already collected from Borto�ver ���hich exceeded permitted limits will be refunded to
<br /> -- -= Botrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct
<br /> payment to Borrower. If a refund neduces principal, the reduction �vill be trcated as a partial prepayment without an�+
<br /> , pnpayment charge under the Note.
<br /> 14. Notices.Any notice to Borcower provided for in this Security[nst�ument shull be given by dclivering it or by mailing
<br /> �-� . it by first class mail unless applicable Iaw requires use of another method. The notice shall be dircxted to the Property Address
<br /> '
<br />
|