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HomeMy WebLinkAbout0972 B. ('HAR(:E:ti: I.IF:\ti l;»it~~rm (~~~rnant J ut th~ tie~uri~~ In,trumrn~ i.:~men~lr~l t~~ rc:i~i a. lull~,~~.: ~l. C'harkcs: I.icm. 13~~rn~~~~r .hail ~:i~ all t,i~r,, :t..~,•n~rnt,, ancl ~,th~r ~h,irLe,, lin~, an.l im~,~~.iti~~n~ attrihutahl~ ~u ~hr Pr.~~~crt~ ~~hi~h ma~ auain ci {~riuri~~ ~~~rr thi~ Sr~uri~~ In,trum~~n~, anil I~a,~h~~lcl ~,a~m~nt, ur ~~mun~l r~nt~, it an~, in ~hc~ ma~~nrr ~ru~~J~c1 un~irr ~~ar,ttiraE~h hrr~~ut ur, il n~~t ~~ai~1 in .u~h mannrr. h~ t3~~rru~i~r mal.in~ ~a~mrnt. ~~hrn ~lur, Jirc~tl~ t~, th~ ~a~~r th~rc"t. k3~,rru~<<r ,hall {~r.,m~tl~ tur~:i,h t~, I rn.lrr all n~~ti:r. ~>t cunutuu, clur un~fer thi, ~,ir,igra~,h, and in thee~ent t3~lrru~~rr,hafl mal.~ ~~a~m~nt clircitl~, k3urm~~cr,li,i11 rrc~m}~tl~ furni.h t~~ I rn~lrr rr~ei~t.e~i~len~ing~u~h ~a~mcnt.. f3urn~~~er,hall ~r~~m~~th ~li,~harec am li~n ~~hi~h h:i. rriurit~ ~~~~r thi, Sc:urih Imtrtunrnt: hu~~~~er, 13~~rru~~rr ,hall not bc reyuire~l t.~ ~1i.~harc~ .?n~ .u~h li~?i •u I~~nti 13urm~~~r. la? ,hall :izr~•~ in N(IUIIl: Ill tii~ ~~,~~mcnt th~ uhli~ation .e~ure~1 h~ ;u~h licn in man»~r ;i~~r~,t:ihle t~~ L~n~1~r, Ihl ,hull in ~~,~,~f t.~ith ~.,nte.t ,uch Gen h~. ~~r elcfrn~l .igaintit e~?for~cmrnt ~~t ,u~1i lirn in. I~~:tl ~~nk«.1in,~, ~~hi~li in Ilic urii~i~~n ul i rnclcr ~~~~~~r:iiel~~ ~~rr~~nt threnlur.~nzent ~?1 the lien or forteitw~ ui [he I'r~~~kri~ ~~r an~ 4,:irt thrrc~~t: ~~r ~~),hall ,~:ure Irum ~I~r h~~ld~r ~~f .ti~h lien an agr<rm~nt in ,i f~~rm ~atisfarton t~~ L~n~lei .uhc~nlin,uin~~ .u~h lic•n tu thi. ~r~iiri~~ In,trumrnt. li Lender ~lelrrminr, that all ur am r:~rt ~,t th~ 1'r„~,cr~~ i..uhic~t tu a li~n ~~hi~h inct~ .itt,iin a{~riurit~ ucrr thi. Srrurit~ Intit:ument. Lrnder ~hall ~_i~r 13urru~~~~r a n~,ti~~• f~lrniil~ inL .u~h li~n. fiurn,~~r~ .h;tli .uu,l~ .u~h li~n ur tal.r one ~~r mur~ ~~t the a~ti~~m ~~t for~h ahu~e ~~ithin t<n ita~• ~~t thr ~~i~in~~ ut thr iu~ti:r. C. `OTI('E Uniturtn ('c~:enar:t 1-i ul th~ Sr~unt~ ii~.truni~nt i. amrn~lr~1 t~~ rc.i~1 a. tuUu~~~: la. ~iotice. E.~ce(~t t~~r an~ n~~ti~~ r~yuir«! un~i~r aE~~~li~ahl~ la~~ t~, h~ ~i~rn in .III~)IIICf I71:11111~(, lal am «oci~e tt~ Borru~~~r ~ru~idc~ for in thi. Sr~urit~ In,trum~nt .hall he ;:i~rn h~ ~teli~~rin~ it ur t~~ mailin~ it h~ fir~t ~la,~ mail w Borro~~er at the Propert~~ A~idres, or at ,urh uth~r a~IJre.. a, t3c~rru~~rr ma~ ~i~.i~:nat~ h~ n~~tire t~~ Lr«~ier a. ~ru~ ided herein, and (b) an~ notire to Lender shall be gi~~n h~ fint ~la.. maii t~~ l.~nel~~r'. a~l~IrL•, •tatr~l h~rrin ur t~~ .u~h other addre.s a~ Lender ma~ designate b~ notire ro Burro~~er a~ ~m~ i~~eel her~in. :~n~ n~,ti~c ~,r~,~ id«l f~,r in thi. Se~urit~ In~trument .hall be deemed tu ha~e bc~cn gi~en tu Borro~+er or Len~1~r ~~hen zi+~n in the m,inn~r ~f~,iLnatr~l htrrin. U. Uti1FORM SECI'RITI 1\tiTRl~~1F:\7: (:(1~ F:K\1\(, I.AN: tit~:~'E:R.aBIL1Il Unitorm Co~enant IS of the Se~urit~ Imtrumrnt i, am~nil~c! t~~ r~a~i a, (c,lle~~~,: 15. t~niform Securih Instrume~t; Go~erninK 1.:+~; tie~erahilil~. Thi. f.~rm ut St~urit~ Imtrunient ~umbin~; uniform ro~enants for national u~e and ROII-UI11I(~flll ~u~~nant, ~~ith liniitccl ~ariati~~n~ h~ juri~di~tion to rcm~titute a uniform se~urit~ instrument co~ering real ~ro~ert~. Ihi, S«uri~~ In.trum~nt .hall h~ g~>~rrned h~ Fed~~ral la~~ an~i the la~+ of the jurisdic[ion in ~~hich the Propc:rt~ i~ I~katc~i. In [t~e e~em that ai~~~ ~ru~i~iun or clau~e e~f thi, Se~urit~~ In~trument or the Note contlicts ~~ith applirable la~ti, ,u~h ~ontli,t ;hall n~~t atf«t e~ther rm~i.ie>n~ ot thi, Seiurit~~ Instrument or the tiote ~chich ran be gi~~en eftect ~rithc~ut the ~ontli:ti~~_~ ~ru~ i~i~~n, and t~~ thi. ~n~i th~ ~ro~ itii~~m ~~f thi, Securit~ In~trument and ~ the Note are declared to be ,e~erable. f:. TRAtiSt~ER OF THE: PROPt~:R7l l)R A BH:\F:E~1('lAl. 1\ I F:kf:ti7 1\ B()RRO~~'F:R ~ Lniform Co~enant 1? of the Sr~urit~ In`trum~nt i~ am~n~ie~i [u rra~i a. !~~llu~~~: ; 1'l. Transferof lhe Propert~ or a Beneficial Interest in Borro»er. 1t ~ill ur an~ ~art ut the Yropert~~ ~~f an interest therein is . I sold or transferred (or if a henefi~ial inter«t i~~ l3c~rni~~er i~ tiuW c~r tran.ferred and B~~rro~ser i.~ not a natural person) ~ ~~ithout 1_ender'ti pric~r Hritten ~~~n,ent, Lcn~l~r niac, at Leneirr's c~~tiun, derlarr all the 1UIT11 ~erured b~ this Securitti~ , ~ (i~strument to be imme~iiatel~ due an~i r,~~ahi~•. H~~~~r~cr, thi~ o~tion .hall n~~t h~ e~.rritird b~ Lender if e~ercitie is s~ot _ € authorized b}~ Federal la~~. ~ ¢ ; ~ If Lender e~ercities tiu~h orGion ta a~~~lrratr, L~n~rr ,iiail mail Borru~~rr nuti~e of arcrleration in accordance ~~ith ? Paragraph 14 hereof. Su~h nc~tir~ ,halt ru~ici~ a P ~~ri~~~J c~f nc,t le>s than 30 ~a}s from the date the notice is mailed ~~ithin i ~+hich Borro~ser ma: pa~~ the wm5 dc~l~ed due. I I B~,rrc~~srr lailti to ~a~ ~urh sums prior to the expiration of such pericxi, ~ Lender ma}~, ~+ithout further n~~tice e~r ;.iemand c~n 13<~rrc~~~er, in~oke am remedies permitted h~~ paraera~h 18 hereof. ; ~ ~ tion~ith;tanding a~ale ur tran~ter, B~~rrc~~~er ~~ill remtinue t~~ bt c~hligated uncier the Note and this Sc~urit}~ tnstrument ? unless l.ender hati rel~a,rci f3~~rru~+rr in ~~ritii~e. ~ € - t~. I.OAti CH.ARGf:ti ` !t the I~~an secure:i h~ th~ Securit~ InStriiment iti ,uhject to a la~< «hi~h set~ ma~imum luan rha.ges, and that la~~ is finall~~ ~ inter~,reted tio that the intere.t or other I~~an ~harges collected or to be collected in ~~~nnecti~n ~+ith the loan exceed permitted ~ limits, then: ~ 1) an} ~u~h I~~an ~hargr ~hall t~ re~luced b~• the ami~unt neressar}• to reduce the rharge to the perm~tted limit; ~ " and 12) an} ~umti alread~ ~ollc~ted from Burr~~~~er ~~hirh exceed permitted iimits ~~ill bc refunded to Borro~~er. Lender ma~: ~ chootie t~~ make thic refund b~~ reduring the rinri al o~~~ed under the Note or b}~ rnakin a direct • ~ n f~" g ~a> nient to Borro~er. If a = r~fun~i reclu~c~ ~rinci~al, the reduction «ill he treated a~ a~artiai 4xepa}~ment under the tvote. ~ ~ ~ ~ r ~ ~r,~~ ~s~~~ ~ ~ ~ ~ . ~ : ~ . ~ ~ ' ~ ~ . - - '°ST .~-~:i+ -3 ~;a„ah~ `~;>,z~ ~ ~ r•.= ~a+~ .1~,~r~~ -