|
. .
<br /> �, �=--� � ;.._.�.. ... .- - r; '' � -
<br /> - --- -_ . _ .•. .. --:� � ,4 � __:�_
<br /> , -
<br /> -----��a _. , -"=� — ---. _ . _ - -_ - --
<br /> - s, . X�.� � s�t i•. �
<br /> s4 - . . ..G:�, , �
<br /> � S �_ 4 ;t � , ? �.:
<br /> 'c` -� `" `
<br /> ....�; -'r,�> _'. � �.` _ '�[� ' _ a • . ;�r- - � . - � ' $ .;,.� .?. . f ,
<br /> .i i . �, - . � ' c a•
<br /> '�" " - �c. '�� <� ' .< • -'i.� . -c. ,.�.: - � - u?F � � ,c�. 'r: . .
<br /> t- � � .•�� . . . _. . - - �C' . . �. � Y '� C.� �•T� .
<br /> JC _ . "� ' � . . . - .. S 4 � � S f.
<br /> � � - < S C .. �t ♦. 't ` �IT� . . . -` . � . � t ��.�. '.t � ` . .
<br /> � .y,��. r .. ..i:\ .. S � . . � Si: . _ Y C i�.
<br /> 4 . t �.�� �J ,� .
<br /> � L,
<br /> . �:. � 'r��.
<br />. . . .. _ . _ . ti"
<br /> �� ` 'T' '? payments may no.longer be requiced.at the oprion of Lender,if mortgage iusurance coverage(in the amount and for the period <� ,;�,�'.\`��.,,�_i
<br /> � that Lender re9wres)Prnvided by an insurer approved by Lender again becomes available and is obtained.Borrocver shall pay C� `4 y. '
<br /> ``` . . �� to maintau►mortBaP,e insurance u'effect.or to provide a loss resen+e.until the reqiurement for mortgage� . �
<br /> the premiums req�ire� � _
<br /> `, insurance ends in accordance w�th at�Y wr►�►agreemQrt isetw�n Borrower and Leader or applicabie lav�+• �nder shall v
<br /> ' '.� ' g, oa Lender or its agent may make reasoirdble entcies upo�and insperdions of the Property. S� � _ .
<br /> . 4 „ �.. IaSpsCtl , : � .
<br /> �s• Borrower narice ai the time of or prior to an inspe�.'tion speci f Y i n g re a s o n a b l e c a u s e f o r t h e i n s p a c t ion. ; _
<br /> -- ..:.-:-�""�� ` L0. Cond�nnaHon. The proaeeds of any award or claim for damages. direct or consequential. in connecrion with anY � .:;�c_._,.� :,,�
<br /> .�--- ce en lieu of condemuation.are hereby assti g n�and � � , ,
<br /> v "+"�'.� condemnation or other taking of auy part of the Pr°gerty nr for cameyan � -.- -
<br /> �..
<br /> ` <." shall be paid to Lender. this Security��nt. '.��
<br /> ' ' Tn thc event of a total talring of the PropertY.the Psa�e�s shall be applied to tde sums secured by .`'_Y'�`�. .
<br /> whether or not then due. with any excess paid�o�°nOwer.In the eveni of a pmtial taking of the Property in which the fair J
<br />- . • �� _ market value of the Property unmediately befole the taking is equai to or greater thasi the amo ln w�ifitu e Sch s�bY ,., .��' -
<br /> . ` " Securit�,ItLStmmeut immediatety before the taking,unless Borrower and Lender oth��Se�ol lowinggfracuon: (a) t6e total _`��
<br /> <�' '`' this Security lnstnunent shall be rednced by the amount of the praceeds multip' bY .. , -__ __
<br /> amount of the sums secured immediatety before the taking.divided by(b)the fair market of��o �O����b°��fair
<br />, . . before the taking•AnY balaace shall be paid t°H°r�°wer. Tn the event of a partia� takinS PeriY �, . • ••;,� ,�
<br />.=s.'.: : ma�lcet value of the PrupertY immediately before the taking is less than the amount of the sums secured immediatety before the :`:f..•.F.<.•-�W
<br /> . taking.unless Horrower and L.ender otherwise�ment whether or 1 ot the s��are then dure.�e provides,the Proceeds shall 4`
<br /> , _ _ " 6e applied to ihe svms secured by this Secunty • _•�'' _ ._
<br /> If the properiy is abandoned by Boriower.or if,afrer notice by Lender co Borrower that the oondemnor offers to malce an —
<br /> ' award or settle a ctaim fos damages.Borrower fails to c+espond to Lender within 30 days after the date the notice is given, _ _
<br /> � • `�fi'=_� Lender is authorized to collect and apply the proceeds,at its oPtion,eithgr to restoration or repair of the Property or to the swus ... : .=
<br /> ......�.r.- ,:--
<br /> • secured by tbis SecuritY lnstrun'ent.whether or not then due. ltc�ion of roceeds to principat sha11 not extend or � � ���•
<br /> � . . �
<br /> Unless Lender and Borrower otherwise agree in wriring. a+►Y aPP� p .' . �,`��°�-
<br /> , p ostpone the due date of the mnnthly payments referred to in paragraphs 1 and 2 or change the aznount of s�ch payments. , ,��_
<br /> 11.Borrower Not Released;Forbearxace By Lender Not a W a iver.E x t e n s i o n of the time for pa y m ent or modification � :, ,�,y�;��_
<br /> � of amortization of the sums s�uted by this Security Insuument granted by 1-ende*w anY suocessor in interest of Borrower shall = ,L_
<br /> . ,• . , not operate to release the liability of the original Borrower or Borrower's saccessors in interest. I.ender shall not be required W ,�;�_
<br /> ��n�p�¢edings 8gainst any successar in interest or refuse to extend time for payment or otherwise modify amortization -_ -
<br /> " of the sums secured b:y this Security Instrament by reacon of any demand made by ihe original Borrower ar Bormwer's
<br /> � ' - � successors in znterest. Any forbearance by l.ender in exercising any right or remedy shap not be a waiver of or preclude the _
<br /> •� exercise of any right or remedy. �� - e_�,
<br /> �� 12. Su�ssois and Assigns Bound;Joint and Several LiabilIty; Co-stgneis. The covenanu and agreemenu of this � `,;`:;, �
<br /> " ,':;;��
<br />• `.'.''•. � ' . ` Security Insuument shall bind and bene6t the successors and assigns of Lender and Borrower, subject to the pruvisions of _
<br /> ; _ : ;:.� paragraph 17. Borrower s covenants and agreements shall be jaint and several. Any Bonower who co-s���nv�thai . � . -_
<br /> ' Instrument but does not execute the Note: (a)is ca-signing this Se�urity Instrument only to mortgage,gcan e5' __
<br />_.� � • . .� Boaower s iaterest in the Property under the terms of this Security Instrument;(b)is not personally obligated to pay the sums i : ._.-�
<br /> ' ' .. ; .. t �'.-
<br /> : 6 secured by this Security Instrument:and(c)agrees that I.ender and any other Borrower may agree to extend.modify,forbear or
<br /> • . •�� make any accommodations with regard to the terms af this Security Instrument or the Note without that Borrower's conseat. .+�_
<br /> . • •.�, 13,Loan Cryarges.If the loan secured by this Security Instmment is subjecc m a law which set�maaimum loan charges, _
<br /> � .. 't and that !aw is finally interpreted so that the interest or other loan charges collected or to be collected in conned"son witb the , -
<br /> � � � loan exceed the pem�itted limiu.then: (a)any such loan charge shall be reduced by the amount necessary to reduce the chatge _
<br />- • �� ' � to tlie permitted limit:and(b)anY s�ms alteady collected from Bonower v►hich exceeded permitted limits will be refunded to - - - __��__�.
<br /> ' -'-, � Borrower. Lender may choose to makc this refund by reducing the principal owed under the Note or by malring a direct . , __
<br /> . � , , { paymeni to Borrower. If a refund redaces principal. the reduction will be treated as a partial prepayment without any ;�, _:r��-�^_.
<br /> _`�� �.-'f prepayment charge under the Note. . �
<br /> �•- ' 14.Notices.Any notice to Borrower provided for in this Seturiry Instrument shall bc given by delivering it or by mailing ' ��-�-.
<br /> - � ' �� it by first class mail unless applicable law requires use of another method.The notice shall be directed to the Property Address
<br /> . • . �_,� or any ather address Borrower designates by notice tu Lender. Any notice to Lender shall be given by first dass mail to
<br /> � �• '-'' Lendei s address stated herein or any ather address Lender desi�nates by notice to Borrower. Any notice provided for in this .
<br /> .. • •� 1 Security Instrument shall be deemed to have been given to Bonower or Lender when given as provided in this paragraph. '� t:,. �'
<br /> ..; • . : � :_.i 15.Governing Law; 9everabilfty. This Security Instrument shall be governed by federal law and the law of the
<br /> . . � jurisdiction in which the Property is located.in the e�ent that any provision or clause oi this Security Instrument or the Note
<br /> � ' contlicts with applicable law.such conflict shall not affect other provisions of this Security Instrument or the Note which can be
<br /> ' •. . given effect without the wnflicting provision. To this end the provisions of this Security lnstrument and the Note ate declared . ,':
<br /> to be severable. .
<br /> � ' 16.Barrower's Copy.Borrower shall be given one confornied copy of the Note and of this Security lnstrument.
<br /> _. Form 3028 9/90 • •
<br /> . ;
<br />:s , .
<br /> . . . Paga 4 of 6 •
<br /> .. • � i �
<br />. •. . ', �� � . � � .
<br /> ,
<br /> _. .
<br /> -. . + .
<br />_ . . - - �l�_" r'.. " . . - ...�.'_._ _ .�_".. ... _.----�------�+^-r--�- . �:- . , �. , . � � �• . � .r .. . . � .
<br /> ' . . . . . � . . G .. . , _ ' ' . .' . _ _
<br /> .i�.. � . '� . . . ' • . - ' . ' . - � " , • . ' " . - .
<br /> ' . . . . . � . - , rl � . . ' " . ' . . . .
<br /> . .'j_ ' . . . - . ' � . � .. ' � . ' f;. . ,� .
<br /> .u •"^l;'KG'����4
<br /> .. . � � _. . . _... . � -- �' . .. . . . . . ..._ .. r�. . •i•:. . _ -�i t�,�-.;.�t:;#.�-.. � -. . , ,. _-:.. .
<br />
|