|
. _ ��� _
<br /> - . - - — - -, , --.— - -- �:.-_
<br /> . " ' � .. .. _ Ci�'� .� ` . ` . `. . . - "' ' . • . . '�.t.1S��..- . �G_�. n.f:,.`*__
<br /> - • - . _ - ` . . ` `. . : i ` , . , . .♦ . ..( .. 4 � . , .
<br /> , .. �• . . . . - , r .. _ . .. _. . • - - - � . • ._ l . " , . .. , ._ . • � . � '` �..
<br /> .. ' S � �.._ .. _. ..
<br /> � � .� ��� ������ � ' � . .
<br /> payments may ao tonger 6e required,at thc option of Lendcr.if mortgagc iusurancc covcragc" e unt and for tl�psriod � . �
<br /> • �; thai I.ender req�ires)provided by an insurcr approvcd by[.ender again becames availablc and is obtaincd.Borrower sdall pay the � `.. � ` . :
<br /> , �; premiums required to mainrain mo�ge insurdnce in effecx, or ta pmvide�Ioss tesctve. until thc rcquirement for mortgage : ` • .
<br /> : insnrdnce ends in accordancc with any written agreement between Boirower and Lender or agplicabte law. � . ' •
<br /> ` 9.tnspection. Lender or its agent may make reasonab2�entries upon and inspcctions of the Property. Lendcr shall give � , • � , '
<br /> _ Borrower notice at the time of or prior to an inspection specifying reaconabie c�use for the inspection. ` �'t`.�' ;,�_ r��
<br /> - — t —:�-`=<--
<br /> �. 10.Condemnat[no. The procecds of any awartl or ciaim for damages,direct or consequenrial. in connection with any ' � •
<br /> � wndemnation or offier t a k i ng o f any pait o f t he P r opeaty,or for con�eyance in Geu o f c o n d e m n a i i o n,a r e h e n e b y a s s i g n e d a n d � , ; • • - - •
<br /> `� ' _ s6all be paid to Lender. �° . _.F�. ..;t� � '�
<br /> In the event of a total taking af the Propeity.the pmceeds sGaU be appli;d to the siuns secum,�i by this Sec�rity Iast�ument, ;
<br /> whethe,r or not then dae,with any access paid to Bonowcr.Ia the ev�t of a pardal taking af the Property in which the fair market . � - -
<br /> value of the Propaty immediately before�he taking is equal w or greater than the amount of the sams sea�red by this Security ; '� ;� �.`
<br /> Instrument immediatcly before the taking, unless Bosmwe.r aad L.cader atherwise agree in writing,the sums secured by thig '' �.<�;.;;�>
<br /> Secauiry lnstrument shaU be reduced by the amouat of the pmceeds mW�piied by the foliowing�action_(a)the wtal amouat of �, `• '����� ��
<br /> the sums sec�ued immediate{y before the raking,divided bY (b)the fair m�ket value of the Property irnmediatety hefore the . :' ' r --� Ff'��
<br /> taking.Any balance shaU be paid to Borrower.In the event of a partial talcing of the Praperty in which the fair maricet value of the .�' F�::`�-�'
<br /> , � Property immediately before the talang is less than the amount of the sum4 secured immediately before [he taking, unless � ` � ;.f'..:=--
<br /> . Sorrower and Lender otherwise agree in writing or untess applicable taw otherwise provides.the pmceeds shaU 6e applied tn t&e ;.:•,_,"�
<br /> . ._ � s�ttns secm�ed by this Secauity Instrument whethet or npt the sums are then due. ' -`
<br /> If t6e Pcoperty is abandoaed by Borrower,or if,aftrs notice by Lender to Borrawer t6at the wndemnor offers w�uase an ,. ,�:-
<br /> f tn nd w I.ender within 30 da s aftcr 8i�d�e the notice is ' ea.I.e�nder - `���.^
<br /> award or seule a claim for damages,Bormwer a�7s respo Y 8n' `--f;°:;:�.�•::-
<br /> ' . is auihorized w collect and apply the pmceeds,ai its opUon,either to reswration or repair of the Prape.rty or to the sums secured •� `° --
<br /> . •,..s•.�,��r..
<br /> . ' - by this Sec�ity Insuument,whether or not then due. � `•:�i��.�:
<br /> ' � � Unless Lender and Borrower otheawise agree in writing,any applicatinn of zoceeds to principal sha11 not extend or oae ` ' '�� '�°
<br /> P p°� ' ,�•:
<br /> • . .. . . the due date of the mnnthlY PaYmeats refesmd to in paragcaphs 1 and 2 or change the amount of such payments. •. `,-::' --.
<br /> :_�._:.:.:_-���,
<br /> • �' • il.Borrower Not Releaged;For6easauce By Lender Not a�Yaiver. Extension of the tinme for paymeru or modificatior� � �
<br /> � of amorti�ation of the sums secured by this Security Insuument�anted by Lender to any successor in interest of Borrower shall � ��
<br /> • ; not operate w release the liabitity of the original Bosrowe�or Bonower's successozs in iaterest.L.endes stial3 aot be required w j ,�_.-�.�
<br /> � commence proceedings against any s�ccessor in interest or refuse to extend time for payruent or othern+ise mocl�fy amortiz�on of ' ., ,: '��
<br /> � � the sums secured by this Sec�uity Insuument by rqson of any demand made by the origina!Borrower or Borrower's successors �� ' `�.
<br /> � .� �,,;..�s.
<br /> � � � in intetest.Any forbearance by Lender in exercis�g any right or remedy shall noi be a waiver of or preclude the e�cacise of any • ' — �
<br /> � right or remedy. � �� `�
<br /> � �t 1�.Successors aad Assigns Bound;Joint and Several Liabil�ty;Co-sigrters.The wvenantY and agrcements of this ' � " ____`_
<br /> • Security Instnment shall bind and beneFu the successors and assigns of Leader and Bormwer. subject w the provisioas of ,��;�
<br /> ,�� paragrapb 17. Borrowcr's covertants and a�eements shaall 6c joint and several. Any Borrower who co-signs this Security :.' .. ���_�-
<br /> f Instrument but dacs aot cxecute the Note: (a� is co-si this Scxurity Insuumer►t onl to mo '� F��-
<br /> 8�S Y �5�,A�t and convey that •�<<;s;�"-
<br /> . � Borrawcr's intcrest in�hc Property under the terms of this Seaaity Instcument;(b)is aot pasanaUy obligated to pay the sums ".:;��,:,:,_�=:
<br /> �? s�xured by this Security Insvumcnt;and(c)agees that Lcndcr and any other Borrowcr may agree tn eatend,modify,fozbqr ar � � . ��,;�,
<br /> . � make any accommodations with rcgard to the terms of this Security Instrumcat or the Notc without that Bonower's eonsent °- -
<br /> � 13.Loan Charges. If the loan secured by this Sea►rity Insmiment ic sub,}ect to a law wluch sets maximum loan charges. �_ o. � �-;-
<br /> � and that!aw is finally inteapreted so that the intcrest or o�her loan charges collected or w be coItected in cannection with the toan . , ":�"
<br /> acceed the permiued limits.therr.{a)any such loan charge shall be reduced by the amount necessary w reduce the charge w the - ;. __
<br /> • • ''� permitted limi�and(b)any sums atready collected from Borrower which eaceeded pamitted limits will be refunded to Borcower. ,•..: ' .
<br /> Lender may choose to make this refund by reducing ihe principal owed under the Note or by making a direct payment w ;���
<br /> � . ;� Borrower. I f a re fun d r e duces princip a l,t he r e du c t ion wi l l be trca t e d a s a p a r t i a l y r e p a y m e a t w i t h o u t a n y p r e p a y m e n t c h a r g e • , �`•
<br /> _ � 1 und�the Notc. ;��,� _�'��
<br /> � 14.Notices. My naace to Borrower provided for in this Security Iaswmem sha116e given by delivering it or by mailing it
<br /> ,
<br /> -, by first class mail unless applicabte law requires use of another method.The notice shall be dir�xted w the Propeaty Address or � •�
<br /> • . any other address Borrower designates by notice to Lender.My notice to Lender shall be given 3sy first class mail to Lender's . � . � .
<br /> ,' address stated herein or any other address Lender designates by nodce to Borrower. Any no6ce provided for in this Security �
<br /> ` ' Instrument shall be daxncd to have bcen given w Borrowa or Lcader when givcn as pcvvided in this paragraph. � . .
<br /> :�� � 15.Coveming Law;Severability. This Security Inswmcnt shaii be govcmed by fcderal taw and the law of the � •
<br /> �` � jurisdiction in which the Property is located.In the event that any provision or ciause of ihis Securiry Instrument or the Note � � �
<br /> � i wnflicts with apDlicabte law,such conflict shall not affect other provisions of this Securiry Inswment or the Note which pn be �
<br /> ' � given effect without the conflicting provision.To this end the provlsions of this Security Instrument and!h�Noto are declared W �
<br /> � ' be scvcrabtc.
<br /> �� � •
<br /> Form 3028 9l90 � .
<br /> . �•BH(NE��92�z10+ Pago a o�e inrtia�a:
<br /> . O .
<br /> , � � .
<br /> •� , . . � .
<br /> ',.� ' . .
<br /> , ( . . .
<br /> .' . .
<br /> �.� , .
<br />:, �- � -�@ a° _
<br /> .. • ' —
<br /> , . . . . . .. � . .
<br /> .•
<br /> ,. . ,� , . • 3 � , r�'' . ' � � e�y�r � , <
<br /> .
<br /> . . ..:,
<br /> .
<br /> �
<br /> .. . ..
<br /> . '
<br /> :
<br /> ...
<br /> .
<br />-••ac _ _ . _.. . _. .. .. '-—__.. _._..._. ....-- '-- _ _ ............ ._ ,.�_..._ . __ .. . . . __.:t.... _ ... .- '•--- -- -�-`----t'� _ - - ... . _---:-e . .�'.�.r .. _. . _ ._. . ., ..
<br />
|