|
i
<br /> � x' „ .
<br /> .Mnp
<br /> i . ., �,
<br /> . . _'_ ' '._ '._s.:..�- __'�.._. -• . ""__'_'"'_—_—'_"_"--___ ___ . _.__ __ _" - -- __. —_. e_ � `.
<br /> ._..._.. ._. ..., __' __ ' . .. _ .."' ' " i:�
<br /> _ " �f74i.r�� - .. •: "'� ' _.� _"""'_'"" ' ... . .... ..___._ .. ...... _
<br /> :; �
<br /> ., . ..: ....... . ..._ _...
<br /> ..._�.. _... _...._' _. .. . _... . ..--_._. _._._��w..<. r - "
<br /> . . ._.. . ._,.._......... . � �_.� .
<br /> �'�'1"F;:_-----..
<br /> ' �.,„w.�y�a��.
<br /> . . ,ubtit:muall� ri�ui�,drnt murt�;agc in�ur:uicc rn�rragc i, nut a��ailahlr. B��rr„��cr,hall pa� tu Lr��drr r:irh munth.i +uin eyua! to • •fin�c.�.a-;
<br /> ,.mr-ntirltih uf ihc yr.u�l� nwrtga�� in,urancc premium hcing paiJ bJ H�uru��rr ��hrn thc in�urancr cu�cr��:r I.i�..d��r rrauJ tu
<br /> . �t�Itl�I�CiI. �.CI1t�C1'�t I��il�'CC�t�. U}C alll� ('C1.I�1�I lhrSl'jl.tyhlC4i;a�- .�i�,,, I'C�CI'�i IIl �ICU u� Ilu�l't�:i�!C III�IIGi11�'C �.��ti� fC�CI'vC .
<br /> � . pa�nirniti ma� nu I��n�rr I:r rryuifr�l.;d Ihr nrtintt nF l':cn�cr, �I murt�aEe m,ur:wir��nrr.��r�in ihr :mu,um an�l inr thr prrind �
<br /> �hat I.�I1Jt�' �'CqUlit'ti! �t�'rn•IJ�iI hy an in,iirer�ppr�mcd ti} L�ndrr a�;ain hrr�,ntr,a�ailahlr +md i.nht:unr�l. li��rru«cr.h,dl pay � .
<br /> .. ihr prcmiunu rcquirr�l In manuain nwrtga�� in.uranrr in clfcrl.ur lu providr a lutiti rrtirn•�.until ihr rr��uiirni�nt Ibr murt�:agc
<br /> intiuranrr rnJ, in accu�Janrr with an}•�sriilcn agrcrmrnt hct��rrn H„rroucr anil L�n�icr nr:��ri���:�i,�,• la�ti•.
<br /> 9. Inspcction. L�n�lri nr itti aEcm map makc rr.uunaMc rntric�up�,n and insp�cuunti uf thr Piuprrl�. l.�n�lcr .hall �iv�
<br /> . . Hurrun•rr nuticc at�h�:�imr uf ur prior t�i:m in.pertiun,peri(ying rruwnahle raux Grr ihr i n,pr�•uun. , .
<br /> III. CuudeutnuNon. "Phr prnrcrd, ��I.ui} :i�vanl ur rlaint ��n• �latn:�g�•. �lirrct nr r��nuyucniial. in ronncrtiun wuh :m��
<br /> • runJcmnuuun ui uthcr takwg ul :uq p�ui ul'thc ('i���urty. ui I�u ���n�ry:u�r� in li�u ��I:unJcntnau�,n. ;irr hrrrh� ;i.,i�ir�d ,ini
<br /> ,hall hc paid tu L�ndcr. •
<br /> .. !n thr c�•rnt c�f<< tutal Iaking�,f ihc Proprrty. thr prurccd+,h;dl br.ipplirJ �u thc �um� ��ru►-cJ h� thi.Sr�urity�fntiu•umcnt.ri� , �.�
<br /> " ��I�ethcr �n•nut thcn �1uc. wilh any �rrcti�paid to Hurruwcr. In thc c�rnt uf'a partial taking ol�Ihr Propcny in �+•hirh Ihr L•iir
<br /> .� � manc�t value uf thc Properq immeJiatrly hctiire thr takuig i�ryual tu ur�rcater thsn thc anuiunt uf�hr tiuin,�rrured hy thiti ° ,
<br /> "' Seruriry Instrumcnt immcdiatcly hrforr thc taking, unlctis Burro���rr and Lcndcr uthcr��ix agnr in writin�.ihc ,ums tirrured hy
<br /> • thiti Security In,trununt .hall he reJu�eJ by thc anwunt e�f thr prureed+ multiplied hy thc ti�lluwin� fra�tiun: lal thc tntal
<br /> •unuunt of thc �wnti yrcured iinnteJiately heti�re the e:,h�n�. �i�,���i�a ny (h) thr fair :narket �•aluc of thr Pn,�crty imnudiatrly '�:
<br /> heli�r�the taking. Any halancc .h�ll br paiJ tu Burruwer. In the event c�f a purtial laking��F the Prnperty in�whi�h the fair ���+:,
<br /> , market valuc uf thc Propcny inuncdiatcly heforc the taking i>Ic„than thc amount��f thc tiumti ucurrd immciliatrl bef'ore tl�c: �� '''
<br /> Y r,."`:.>,t_��:
<br /> taking. unles, Borruwer anJ L�ndcr nthrn�iu agree in writing ��r unless applicable lu�+ c�therwise pr��vide>. the pr��ceeds�hull ^ . .x«_
<br /> ' ;��*.:.,
<br /> be applicd to the tiums scrurcd by this Sccurity Intitrument whether or nat thc sums arc thcn due. --
<br /> • �� If thc Property i,ahandoncd hy surrawcr, ur if, af'tcr noticc hy Lcndcr t� B��rrcnv�r that thc ccmdcmnor i�ffen tc� makc an --
<br /> , � awurJ or uttlr a claim fur damagrs. Hurm�+�rr I'ail+ tn rr,pund t�i Lcndcr wi[hin 3(1 dcryti aR�r thr dutc du notirc i, �ivcn. .;.;�,;��.
<br /> I,cnJcr iti authorireJ tu rullcrt and apply thc prurrcJs. at it,uptiun. cithcr to resturatiun nr rcpair nf thc Pruprrry or to thc tium, °„;i-:_
<br /> secureJ by this Security lnsu�utnrnt. �vhrther ur not thcn duc. n-.�
<br /> • Unless l.ender and Bi�rruwcr othcr���i�e a�rce in writing. any applicatian ol' prurecd+ tc� principal ,hull nut cxtcnd ur
<br /> ' � utit me thc due date of the monthl a tncnts rcfcrrcd ta in +ia+.ia h� 1 and 2 or chan�e thc attiounl�,f such � mcnt.. �"::•°��°
<br /> p � YP'Y P� ' _'� P b. 1��y�
<br /> I1. Horrmser Not Released; F'orbeurunce Fly Lender NuY a��'i�iver. Extentiiun ut thc timc f��r paymcnt or moditir:uinn ` �:_
<br /> uf amor[iiation of the�ums+rcurcd hy this Srrurity Instrumcnt granteJ by Lendcr tu an�•succctisor iii interc+i c�l[3urrowcr sliall _.�t'-�-'
<br /> ° nnt uExratc ta rcicasr thr liabiliry uf thr originxl Burri�wcr ur 8��rrowcr'�wccc�.urs in intcrcyt. Lcndcr shall rnn he rcquircd io ` ---
<br /> .,� .- cummence piviceedings again,t any �urres,or in intere�l ur refutir tu extend timc for payment cir o�he�vi,e modify amoniratiun �''��''
<br /> of the sums �ecured by thiti Sccurity lntitrument hy reasun of any demanJ maJe hy the c�riginal Horrnwer or 8orrower's -- __.
<br /> . ,uccesson in interest. Any forheurance by LenJcr in excrrising any right or remedy ,hal l not be a waiver of ar preclude the �"___
<br /> ,"•� exercise of any right ur remedy. — —
<br /> 12. Successors and Assignti Baund; .loint and Severul l.iabtlity; Co-sf};mn. Thc a�venants unJ ubreements ��f this �
<br /> "• Seruriry instrument shall bind and brnefit thc succestior� and atisigns of Leiider and Borrower, subject �o the provisions c�f' ���
<br /> _._ � par�graph 17. Borrowcr's covcnants and agrccmcnts shall hc joint and ,evcral. Any F3orrowcr wh�� co-signs this Security
<br /> �'� In�trument but does n�ri execute the Note: (a) iy ro-sigmng tnis �ecurity Instrument uniy w n�ori�,ugC, g�u�ii u��u c������y t�at '°"�'
<br /> � Borrower's interest in the Pr��perty undcr the terms oF this Scruriry [nstrumcnt; (h) is not pers��nally obligated w pay the sums
<br /> �. secured by thiti Security 4istrument:and(c)agrees that Lcnder and any other Borrowrr m.iy agree«�extend,modity,forhear or °
<br /> make any uccommcxiutions with re�ard to thc tern�s of this Sccuriry Instrument or the Note wnhout that Burrower'x con�ent.
<br /> 13. I.oan Chur�es. If the I��an,erured by this Security Instrument is,ubjcct co a law which aets tnaximum loan chargeti,
<br /> • and that law is finally intcrpreted so thut the intcrest or ather Ic�un charges collected or to he collerted im m�nection with the _
<br /> loan exce�d the permitted limits, then: (a)uny�uch loan charge shall be reduced by the amount necestiary to reduce the churge
<br /> • , . to the permitted limit;and(b) any sums ulready collected frum Borrower whieh exeeeded permitted limits will be refunde�i to
<br /> � Borrower. Lendcr may choose to makc this rcfund by reducing the principal owed under the Notc ur by making a dircct
<br /> .,, payment to Borrower. If a refund reduces prin�ipal, thc rcduction will bc trcatcd us a panial prepayment without any
<br /> prepnyment chargc under the Note.
<br /> l4. Notices.Any noticc to Borrowcr providcd for in this Security Instrunicnt shull be given by delivcring it or by mailing
<br /> it by first class mail unless applicuble law reyuires u�e of another method. The noticr sliall be directed tu the Property Address
<br />-- � ' or any other addresti Borrower Jesignutc� by notice tu Lender. Any notir.e to LenJer shall be given by first class mail to
<br />�;• � . L,ender's address statecl herein ur any other nddress Lender dcsignates by notice to Borrower. Any notice provided for in this
<br />_::'r.•.�. „� . Securiry Instrument shall bc dcemed to have bcen given to Borrower or Lender when given as providcd in this paragraph.
<br /> • 15. Governing I.uw; Severabflity. Thit Security Instrument shall bc governed by federal luw and thc law of the _.__.
<br />�' �... jurisdiction in which the Propeny is located. in the event that any provision or clause ot this Securiry Instrument or the Note
<br />���� conflicts with applicable law, such contlict shall not uffert other pruvisions of this Security In�trument or the Note which can be
<br /> • given effect without the cnnflicting provision. To this end the prnvisions of this Securiry Instrument and the Note are declared -
<br /> _- . to bc severable. _---
<br /> ��,. ,. 1` lb. Borrower's Copy.eorrower shall be given one conformed copy uf the Note and of thi�Security instrument.
<br /> 17. Transfer of the Property or u Benef'iciul Intere.�t in Borrower.If all or any purt of thc Property or any interest in it
<br /> -��,'•r'� is sold c�r transferred (or if a beneficial intcrcxt in Borrciwer is sold or transferreJ and Borro�ver is not a natural person)without _
<br /> x?-��'�•y�• `�� Lender's prior written consent. Lender may. at its option, rcyuire immediate payment in full of all sums secureci by this :___
<br /> . ' , � Security Instrument. However,this optiun shall not be exerciseci by Lender if exercise is prohibited by federal law as of the date _
<br />�. . ,�*, of this Security Instrument. _-----_
<br /> • . . � �� If Lcnder exerciscs this option,L�:ndcr shall givc Burrowcr noticc of'accclerati�n.Thc notice shall providc a period of not �,��_
<br /> Iess than 30 days from the date the notice is delivered or mailed within which Bonower must pay all sums secured by this
<br />� , y: Security Instrument. If'Borrower fails to pay these sums prior to the expiration of this period, Lcndcr may invnkc any rcmcdies �"'.'-�
<br /> ' � perrnittcd by this Sccurity Instrument witliout further notice or demund on Borro�ver. f;� �
<br /> �:..._.....----
<br /> 18. Borrower's Right to Reinsti►te. IF Borrower meets ccrtain conditions, Borrower shull huve the right to have �.r.:-----
<br /> �' cnforccment oF this Security Insrrument discontinued at any time prior to the earlicr of: (a) 5 days (crr such other period as EG::_,n==__.
<br /> ' applicable law may specify far rcinstatcment) bcforr sde of the Properry pur.uxnt to any powcr of wle contained in this �T=`;;:--;_..,_-
<br /> Se�uriry InstrumenC or(b)entrr uf a judgment entittctng thi+Scrurity Instrumcnt.Tho�� ronditinn�ure thal Rorrowcr: (a) pay� �''�=��—_-
<br /> . 1.cnder ull sums which then would be dur undcr thi� Scrurity Instrument and the Nc�te xs if nu acreleratinn had urrurred; (h) ;�-":��°
<br /> cures any default ��f any other rovenants ur �grrement�: (c) pays all expensex incurrcJ in enfurcing this Securiry Instrumcnt. '""`'-�`' =
<br /> :_i;;,.,.
<br /> including, but nut limitcd to, rcaumable attorncyti' Cres: and(J) takcti�urh ,iction a�lAndcr may rra.onably reyuire to astiure •,���
<br /> � that thr lien uf thi.Seruriry Insaument, L.ender's rights in the Yrc�peny and Borro�ver'� c�bligati�m to pay the sums secured by '� ,
<br />-- - - �_ _ thix Securitv Instrument shall rontinue unchans:eJ. Upon reintitatenunt by Bc�rrower, this Srcunty lnstrument and the •� .' ,.
<br /> -—_ -
<br /> — : -- -
<br /> obligations+ecured hrrehy 5hall retn,iin fully effectivr as it'no acceleratiun had urcurral. However, th�s nght ro retnstate shall -` °
<br /> " not apply in the case of'acceleration undcr puragraph 17.
<br /> • 19. Sale of 1�ote: Chan�e uf Loun Servicer. The N�ue ur a puniul iiuerest in the N<ne (together vvith this Securiry U�
<br /> , Instrument)may hc scilJ une c�r mure times without prior notice to Borrc�wrr. A sule may result in a rhange in the entiry(known
<br /> . '• • as thc "Loan Scrviccr")that collccts monthly paymcnt�due under thr Note and thi, Scruriry Instrument. Them also may be one
<br /> or more change�of the Luan Servicer unreluted tc�a sale uf'th�Note. If'there is a chan�e c�f the Loan Scrvicer, Borrciwer will be
<br /> given written notice uf the rhan�:c in arcorJ�uue with par.i�raph 14 abirve und appliruble Isw.The nc�tice will statc the name and .
<br /> :i�ItJI'Cti5 Uf IIlC IICW Luan Scrvircr �nd thc addresti tc� which payments .hould hc inudc. Thc nocicc �1�ill aln� runtain any uthcr
<br /> ' informaticm rcyuired by applirahlr la�v.
<br /> 20. Ha�.urdous Substances. Burruwcr ,hull nut cautie or permit the pre�cncc, use, Jisputixl, steirage. or rclea�e of any
<br /> . Ha�•irduu+ Sub�tanrr. on or in the Property. Borruwcr shall not Su, nur all��w anpone clse lu J��. anything affecting the
<br /> Property that is in vii�latiun c�F any Envimnmcntal Lxw. Thc prcrcding t�e�i untcnrr}�hall n��t apply to thc prc.cnrc, usc, or ,
<br /> storagc on thc Pruperry uf timall yuu:�citics uf Hatarduus Suh�tunrc�that are Fcncrall�•rc:�ugniicd tu bc appropriatc tu normul
<br /> resiJcntial uscs and to m.iinten.mcc uF thc Properry.
<br /> ; � N,,,,.a ai a Form 3028 8180 : .
<br /> � ..
<br />
|