|
�<;�..�,r-' :;S . . .. _..',.-� .. ' "'.2:`.' �c�,`.c..,c_ r.r:-
<br /> �
<br /> --r•--^�-r.—^'�j �� _ . . , c .
<br /> . � '� . . . , c. [ a� . ..a tv ^<' �'t . _ }s_.._...���-�` ` '+ � .
<br />_ . � . � � .�Y P` -� � ��_ � 1.:=._-�...........__._ .��..�c'�,_�__.�:..._�. ',�_-:_.—.�._.."".�' r.,.. .,._...,��_._..._ ' " ;
<br /> .� ` ( 4` � �4 -`'
<br /> � } Y
<br /> . �: •� Dayment�maY uo longer be�equired,at the apdoa of Lender,if mortgage insarance onverage(ia the amommt and for the period � ; `"°�;�
<br /> � � that l.euder requires)Provided by an insarer approved by Lender again beaomes available aad is obtained. Bo:rower shall paY �Q � �.�::
<br /> . ' , the premiums�eclaized to maintain mortgage ins�rano�in ef�Ct,or w provide a loss ieseive,uatil the requirement for mortgage � . r -. .
<br /> eat betwcea Bonawer and L.wder or appiic�bie law. •�-
<br /> ` , . iasntaace ends in ssoordance aith anN�e° reasom�►le eatries a and ect�ons of the Property►.Lender shaIl give � ' �`"` .
<br /> , ,` . ' „• � 9.I�pec�tton.LRader or iis agent may make � � ° , �, . . .
<br /> • <.•.� � Borcower aotice at the time of o:prIor to aa inspecdoa specifying zeasonable cause for the inspection. � �.�`; ;,:,..,:.
<br /> ,` E. 1 10. Coad�natton.The proceeds of any awa�d or ciaim for damages,di�e�x oi consequential. in conaecxion with aay � :.�
<br /> E ' � . •�: �? cQnde�attssn or other talflng of aay part of the Pmperty.or for conveyaase i�lieu of condemnanton.are herebY as�gned aad � _.
<br /> • . . � shall be paid te Lender. • � :,``;
<br /> `� : ._ : ? Ia the event of a wtal taking of the PrapertS+.the pmceeds sbaU De applied to the sums s�cured hy this Secariry Ins�um�t. .` - `
<br /> � ��---G;;_a w h e t her or not t h e n d ue.w i[h an y excess paid to Borrower.In the eveut of a partial taking of the Property ia whish th�fair ` ; ,
<br /> ' � ma�t vatue of the Property immediateiy 6efore the taking is equal w or gmater tlraa tBe au�unt of the s�ms seaued 1sY�his . -
<br /> _ . ' ,. � �ty►��7Te•±t imt¢edistely befo�e the talciutg,untess Borrower aad Iender otheiwise ag�ee in arriting.the sums sec�red by . . _�. • " .
<br /> w�s
<br /> .. tLis Seauity Insuument shall be reduced b3+the amount of the pmceeds�idplied by the foll�owing fraction: <a)the total ' � .
<br /> � `,:�`-.. ammmt of the su�se�vred immediatelY before the taking,dividetl iry(b)the fair market value of tfle Pmperty immediaielY ,,.<< .,'. �t.,•�
<br /> � • ` before the takmg. Any balaaoe shall be paid to Bormwer. Ia the event of a par6al taking of the PropertY in which tHe fair . _ _ ,.�'
<br /> market value of the Property immediate2Y before the taldng is less than the amount of the sums se�ured immediatelY before the _.•�s ;
<br /> � � ._ taiung,�ess Borrower aad I�det othe�arise agree in writing or nn2ess aq�ticable law othetavise Pravides+the Pmceed�s1� -�-=__
<br /> q . � _::;���.
<br /> . be apptied w the s�ms secaced lry this Security lnsuumsnt whether or aot the sums are then dne- '• . ':�.- 'r
<br /> . If tl�e Property is abaadoned by Boimwwer.or i�aRer nodce by Lender w Boicower thai the�mdemnnr offets to make an ,. _>,',�. .�-.�'` . .
<br /> m :_,.,�. -
<br /> . awaid or seule a claim for damagea,Borcower fails to iespond to i.endsr within 30 days after the date the nmice is given, •,:`:�__:
<br /> l , � - Ixnder is authorized w coltect aad apply the pmceeds,at its option,either to icswradoa or repair of the Pmpe�t5►or m the snms ,,,�,..
<br /> ' secuned by this Se�rIty Insuu�teot.whether or not then due. _�
<br /> ' • , • Unless L$nder and Bormwer othezwise agree in writing, az►Y aPPlication of proceeds to principal shall not extend or _ __._
<br /> Postperne the due date of the montlily payments refened w ia paragraphs 1 aad 2 or change the amount of snr�payments• • �--
<br /> ._... _ lI.Borrower Not Released;Forb�+rnnce B9 I.�d�Not a Waives.E�easiaa of the time for payment or modificadon
<br /> � - of amort�ation of the soms s�by thiv Secariry Insaument�ted bY Lender to a�t satoessor ia interest of Bomnwer shall : _---
<br /> � , � not operate to release the tiab�ity of the original Borrower or Bomnwer's successois in interest.I.ender shall noi be requiced to —
<br /> � �pmma�nn pm��g$against any successor ia interest or cefuse w e�cad time for payment or otheiwise madify amorti�ian �::
<br /> , n.....-.'-'--..
<br /> � of ihe sua� sewred by this Security Instrument by rea�oa of any► demaad made by the original Borrawer or Bormwer's ; �_°`�.
<br /> ' ' , ..� saccessois in interest. Any forbearance by I.ewder la exencisiag�Y right rn'semedY s�1 not be a waiver of or preclude the �r�.=
<br /> ���
<br />' ,. `` exercise of any rtght cr remedY• . . . =_---
<br /> .. , :�;. ]2. Suaoesso3s sad Asdgns Baund: doint aad Seve�al Idabillt9; �era The coveaants and agreeme�s of this �:: ;�" ----
<br /> Securiry Insaument shall bind and beaefit the snccessors and assigns of Lender and Barrower,subject to the pmvisions of � -��_
<br /> ' . ° P��Ph 17. Bomnwer's wvenants aad a g r e�m e n t s shall be joia� and several. Aay Bormwer who co-signs this Seauity ..;., ,::z
<br /> .. • �: I n s t t u m e nt but does not execute the Note: ta)is oo-signing this�ty Insuument only w morigage.grant aad convey that _._
<br /> �` Bormwer's interest in the Property under the terms of this SecuritY�saument;(b)is not pers o a�l ly o b l i g a t o d t o p a y t h e s u m s `" �^_,;-
<br /> . �:.� . ,� secured by this Security Insttnment;and(c)agce�that Lender and any other Bnarewer ma3►agcee to extcnd,madifY,forbear or �4�`r. • !��
<br /> � ' � malce any a,ccommodations with regard to the terms of this Secunry r��nme.±.or the Nate adthwrt that Borrower's consent .._,�;.,
<br /> -, . - ..-..�_�� 13.Loan CLa�ges.If the loan secured by this Secarlty Ins�ameat is sabject to a law which sets ma�dmum toaa c6at�es. ��
<br /> aad that law is finaliy interpreted so that the iuterest or other loaa charges collected or to be col�e�ed ia connection wIth the �''.`�;';`
<br /> ' toan exceed the permiued limits,then:(a)an7+such loan charge ahall be reduced by the amouat nece.asary to rednce the cbarge . '`. -t��?€=`-
<br /> to the permitted limit;aad(b)anY anms alreadY wllected from Borrower which exceeded permitted limits will be refuaded to , '��=%-
<br /> • :,� Borrower. L,ender maY choose to make thia refnnd by reducing the prlacipal owed under the Note or bY���nthou� , -��:-'�L^:
<br /> • ' paYment to Borrower. If a refund reduces principal, ths reducCOn will be treated as a partial P�P l+m :�
<br /> ' � P�P�ent charge under the Note. , . -m�T
<br /> ,. ' " 14.Notices.!wy notice to Bomower provIded for ia this Sewsity Instrament sha11 be given by delivering it or by mailin8 .-'�`
<br /> - - �� - i t b y fi r s t dass mail unles.a a p plicabie law requires nse of another methad.The nodce shall be directed to the Pmperty Address '�:,
<br /> or any other address Borrower desl�ates by notice to lxnder. My not�ce to l.ender sball 6e given by flsst class m a i l to �.
<br /> . � Leader's address stated herein or any�ther address Lender desi�sates by nodcc to Borrower. Any notice pmvided for 1a thla . . .
<br /> gecurity insttument shall be deemed to have been�iven to Bonower ar Lender when gfi+en as provided in tbia paragraph•
<br /> . � 1S.Governing Law; SeverabWty. This Security lnsuvment shall be govemed by federal law and ths laa of the ; , -.
<br /> ,. �� jurisdiction ia whicl�the Property is located. In the event that aay provision or clause of this Security Iasaument or the Note . ,
<br /> .. confl�cts with applicabte law,such conflict shall not affect other provisions of this Sec�rIry Instnimcnt or the Note wLich can be . ,
<br /> � given effect without the conflicdng gravision.To this end the gsav:sions of ttds Securiry Instnvment and the Note are declared . , :
<br /> �� ' w be severable. � of the Note and of t�is Se�a�rIty lnscniment•
<br /> � . . 16.Horrower a Copy.Boaower shall be givea one conformed copy 1� • •
<br /> �. Fc�aosa rsa . . �'��,
<br /> • ' ��R(NE1 cas�s�.oz vap000+e t' .
<br /> �� .
<br /> _. ' • � .« �
<br /> � , :.' .
<br /> . �, �. . ,
<br /> , �
<br /> . � . � .
<br /> �, . � . .
<br /> r . ,
<br /> � ' ' i �
<br /> i �
<br /> _.._ � 1M&LGm U.ab . .
<br />` . ..._ _. .._. .. :� �_� .._, . _ .
<br />- ' ! �
<br /> i ��.
<br /> - '�"`�• i t�:. �"T•• .-� --a -- - �`. .'�rt'�.
<br /> . :—.-,-..--+�--.• . . . . . . - �+�.. - . ., . ._ . . .....%.{... ... :�:. . . .. '.i" .._: ._. ,.��. .��. r,*a...:� _ . ... ._.�r .._. �..s:z:_.�.i�.-.....ic .n.. ..._. .-..
<br />
|