|
:_� � s
<br /> ' 1.,�-.�G.. <. - -_ '� .c c � r - � G_�;..-�
<br /> .. . � -
<br /> _.;_�r._ ' _ ' _ _ , _ — _—.— ' ._. __- � _ _ __
<br /> • - .... �: ` �
<br /> ._
<br /> � �, . „' , � ` . . . . , y. - . ., . . ` . . t .
<br /> . , ��.
<br /> F ��T �
<br /> �
<br /> ' •z
<br /> . . � . 4-
<br /> . .-. . . . . , -
<br /> _ .._._._ .. , �.. . _
<br /> : . _ . ' '
<br /> , _ r.. - , , _ . .-�
<br /> , : .;. . . . . . . . � - a.v� �..
<br /> c
<br /> . t 1 f N.
<br /> • . � �. ', �� . t . � . . . . .. ! . " '. ' s; . .. � ' . •-t . . - . .. � ? ,�c' i ° -
<br /> ' ' . . � .. ' - ' , ` , t , , , , � � _..<..
<br /> - . - ' �'F.` ` , � ' � � `� - , _ . - -- -- - —� - __._ _�. ..__—....._��—=—�'----�_`_...ie -� , � - �'i
<br /> � . � ..W- _ ' .. — � � ._...--......._�..-'�-�.__.�a--. -.•-- �. - - ;(`,�• � �<
<br /> . ',- . 9������� aunt and for the riod � �� � ,
<br /> � � payments may no tunger be required.at[he opuon uf Lender,if mortgage insurance coverage Iin the am Pe ' . ,;`
<br /> • ` � that Lender requires)provided by an insurer apProved by Lender again becomes availabte and is obtainecl.Borrawer shall pay _
<br /> �_ � ,, � the premiumt roquired to maintain mortgage insurance in effert.ar to provide a tass reserve.antil the requirement for martgage
<br /> ' insurance ends in acrnrdance with any written agrcement between Borrow'er and Lend�r or applicable law. • : .
<br /> . 4 ��.. �� .._ 9, Inspedton. Lender or it�ageat may make reasonabte entries upan and inspections of the Property Lender shal!give L
<br /> ;.-��;:�:' Borrower notice at the time af or priar to an inspection specifying reasonable cause for the inspection. ,
<br /> � 10. Condemnation. The procc�ds of any a�rard or claim for damages, direct or consequential, in connection with atry ,;
<br /> � �J-=- _ �- c o n d e m n a t i o n o r o e h e r t a k i n g o f a n y p a r t of the Pro pe r ty.or for conveyance ia tieu af condem�stion,ate hereby as�igned a�►d , _ .-,-,;,-:`:_:.
<br /> � shall be paid to Lender. '°` ., .4 `
<br /> � in the event of a total taking of the Property.the praceeds shall be applied to the sums secured bY this 5ecurity Instrument,
<br /> whether or not then due, with any excesz paid ta Borrower. In the event of a partial caking of the Property in which the fair
<br /> . market value of the Propeny immediately befare the takii►g is equal to or greater than the amount of the sums secured by this -. . '` `.°, ' '
<br /> . Security lnstrument immediately before the taking.unless Borrower and Lender otherwise agree in writing.the sums secured bY ,' �:'; =-
<br /> , . • t. this Serurity Insttument shall be rednced by che amount of the praceeds multiplied by the following fraction: ,a��aze� . . '�� ;:1��:
<br /> � amaunt of the sums secured immediately before the taking, divided by (b) the fair market value of the Property � Y :.:�_.
<br /> .� - before the taking. Any balance shall be p�id to Borrower. In the event of a partial taking of the Property in which the fair _�_—
<br /> ' ` market value of the Property immediately before the taking is less than the amount af the sums secured immediately before the _';._
<br /> � �� ; taking.unless Borrower and Lender otherwise agree �n wriring or unless applicable law otherwise provides,the praceeds shall �,..r,�;:�,
<br /> :',"•'r�;r m,:--
<br />"_ . • be applied to the sums secared by this Security Instrnment whether ar not the sums are then dae. .,�.�',,,
<br /> •: �;:.
<br /> ` . [f the Property is abanddned by Borrower,or if.afier notice by L.ender to Borrower that the condenu►or offers to make an ••����
<br /> � ' award or settle a claim for damages. Borrower fails to respand to L.ender with:n 30 days after the date the nauce is given. ..j_�,�,
<br /> � Lender is authorized to colleci and appiy the proceeds,at its option,either to restaration or repair of the Property or to the sums z��
<br /> " , secured by this Security Instrument,whether or not then due. *�_�
<br /> Unless i.ender and Borrower otherwise agree in wridng, any applicauon of proceeds to principal shall not extend or ��- _
<br />- , postQone the due date a f t he mo n t h ly pa y m e n t s r e f e r r e d t o i n p a r a g r a p hs 1 and 2 or chan ge the amount of such payments. �` �:...,:��,.
<br /> ' - 11,Borrower lYot Keleasal;Forbearance By Lender Not a Waiver.Extension of the time for payment or modifiration �,.��,,�,_:
<br /> f � ' ''- of amorrization af the sums secured by this Securiry Inst►vment graz►ted by I.ender to any successar in interest of Bnrrower shall �....Y�,_
<br />` � not operate to retease the liability of the original Borrower or Borrower s successors in interest. Lender shali not be required to ��: ,�4 ___
<br />- ` � commence proceedings against any successor in interest or refase co extend time for payment or otherwise modifji amartizarion ,- ;;��
<br />� of the sums secured by this Security instrument by reason of any demand made by the original Bacrower or Borrower's �"' ' �(�v�
<br /> .: .1_�.__.
<br /> � � . successors in interest. Any forbeatance by Lender in exercising any right or remedy shall not be a waiver of or preclude the �,`. � _
<br /> exercise of any right or remedy.
<br /> 12. Successo�s and Ass1� Bflund;Joint and Several Liability; Co-signers. The covenants and agreemenu of this � �"-�"�.
<br /> � ' Securiry Instrnment shall bind and benefit the successots and as�o^ns af Lender and Bosrower, subject to the provisions of �•:�-ti�_
<br /> .,... _., paragraph !7. Borrow•ers cavenants and agreemenu shall be joint and several. Any Bornower who co-s"tg��th� Vecun� � �'.:��?,�=,,
<br /> Instrument but daes not execute the Note: (a) is co-signing this Security Instrument only to mortgage.gran Y z �
<br /> Borrower's interest in the Property under the terms of this Security Instrument: (b)is not personally obligated to pay the sums }f��b-
<br /> secured by this Security Instrument:and(c1 agree.c that Lender and any other Borrower may agree 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 /> 13.Loan Charges.If the loan secured by this Security Instrument is Subject to a law which sets maximum toan charges, .':��
<br /> .:'` . � . . � `��-
<br /> � and that law is finally interpreted so Ihat the interest or other loan charges wllected or to be collected in connection with the ' � _.�
<br /> l o a n e x c e e d t h e p ermitted limiu.[hen: (a)any such loan charge shall be reduced by the amaunt necessary to reduce the charge :. _a.�
<br /> to the permitted limit:and Ib)any sums already callected itom Borrower which ex c ce d e d pemutt e d limi ts w i l l b e re f u n d e d t o .'.,F.: �
<br /> ' . ,' Borcower. [.ender may choase to make this tefund by reducing the principal owed under the Note or by making a direct : *: v,�
<br /> � payment to Borrower. If a refund reduces principal. the ceduction will be treated as a partial prepayment without any
<br />�� . � �. . prepayment charge under the Note. �•�
<br /> ;t � 14.Notices.Any notice to Borrower provided for in this Security Instrument shall be�iven by delivering it or by ma+ling
<br /> �� ' . � it by fir5t class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address .
<br /> ' or any othcr address Bnrrower designates by notice ta Lender. Any natice to Lender shall be given by first class mail to
<br /> l,ender's address st��eti herein or any other address Lender designatcs by notice to Bonower. Any notice provided far in this
<br /> ' ' Security lnstrumem thall he dcemed to have been given to Borrower or l.ender when given as provided in this paragraph• .
<br /> ' � 15.(�verning La�v; Seversebflity. This Security instrument shall bc govemed by federal law and the law of the
<br /> . • � jurisdiction in�vhich the Property is located. In the event that any provision ar clau�e of this Security Instrument or the Note '�
<br /> ��:
<br /> . conflicKS with appli"�c`nfli t n c�r��isi n'To thisf nd the pmvi ns af this Security in�.r�trument�and`t eNNot ahe declared
<br /> , given effcct w�thau S P .
<br /> to be�everable. �
<br /> � ' 16.Borrower's Copy.Bonuwer+hall he givcn une canformcd copy of the Note and of thiti Sceurity lnstrument.
<br /> • Form 3028 9190 .
<br />� Pn4o 4 ot 6 � .
<br /> .�f. • .
<br /> , _ . . . - . . � � s�r�sv� � �--�-�-+�+�-�� y t i��•'.
<br /> ._.,. . . ., . : . ....� •�. : ... ,. ' ..... . �.._ �.. .., r. � 4 . � .. .. ....�-. .. ...,..'.c. . .a;'! . . �7 i.c�.�.: 4:ti�` ." .
<br /> . • . ...• �. �.
<br /> ... . ?
<br /> . . �. . .,. � . .-�,. .,i.. .r .t.-..`,i�; .a. -.: -: ,. .3.. •� o. s!_� .a". ...i �isi .� a _ i �Ii�._L
<br />
|