HomeMy WebLinkAbout0972 B. CNARGES; LfENS f~ t + ?
Uniform Co~~cnant 4 of the Socurity lnstrument is amendtd to rcad as follows:
Chartes; I~eas. Borrower sh,aN pay all taxea, asaessment:.:nd other charges, fiiies ana impasitions attributable to the
Propcny which may attain a priority over thia Socurity lnstrutnent. and kasehold payments or ground rents, if any, in the
manntr provided under paragraph 2 horeof or, J aot paid in auch enanner, by Borrower malcing payment, when due,
directly to the payce tlwenof. Borrower shal! pmmptly furnish to l.ender all noti~es oE amounts due under this paragraph,
and in the event Borrower shsll make payment directly, Bonower shall promptly furnish to Lender roaipts evidencing
such payments. Borrower ahali promptly discharge any lien which has priority over this Security Idstrument; howrver,
Borrower shall not be requirod to diacharge any auch Gen so loag as Burrower: (a) shail agrce in writing to the payment of
the obtigation secured by such lien in a manner avaptable to Lender; (b) shal! in good faith contest such lien by, or defend
against enforcement of such lira in. kgal proocalings which in the opinion of l.endoroperate to prevent the ee?forcomtnt of
the lien or forfeiture of the Property or any part thenof; or (c) shap stcure from the holder of such lien an agrecment in a,
form satisfactory to Lender subordinating such lien to this Security Instrument.
if l.ender dettrmints that all or any part of the Propeny is subject to a licn which may attain a priority ovor this Security
Instrument. Lender shall give Borrower a notice idGntifying such lien. Borrower shall satisfy such lien or take one or more
of tht actions set forth above within ten days of the giring of the notice.
C. NUTICE .
Uniform Covenant 14 of th~ Sccurity [nstrument is amended to rcad as fopows:
U. Natict. ExcePt for any notice required under applicable law to be given iqanother tnanner, (a)any notice to Borrower '
provided for in this Security insirument shall be given by dclivering it or by mailing it by first cfass mail to Borrower at th~
Property Address or at such other address as Borrower may designate by notice to I.ender as providod herein, and (b) any ~
notece to Ltnder shall be given by first class mail to t,ender~s address stated hcrein or to such other addrtss as L.ender may ,
designate by notice to Bonov?~er as provided herein. Any notioe provided forin this Security lnstrt~ment shall bedamed to '
have bcen given to Bonow~er or Lender whtn given in the manner de~ignated henin. ~
D. UNIFORM SECUItITY INSTRUMENT; GOYERNING I.AW; SEVERABILiTY
Uneform Covenant 1S of the Sacurity Instrument is amended to read as follows:
1S. Unifo~s Security Lzstrua~nt; Govemin~ Law; Sevenbilhr. This form of Security lnsturment combines uniform
covenants for national use and nan-unifornn covenants with limited variations by jurisdiction to constitute a uniform
security instrument covering real property. 'Ihis Security lastrumont shap be governed by Federal law aad the law of the
jurisdiction in which tne Property is located. ln the event that any provision or clause of this Security Instrument or the
Note conflicts with applicabte law. such conflict shall not atfect other provisions of this Security Instrument or the Note
which can be given effect without the cor?flicting provision, and to this end the provisions of this Security lnstrument and
the Note are declared to be severable.
E. TRANSFER OF THE PROPERTY OR A BENEFICIAL 1NTEREST IN BORROW ER
Uniform Covenant 17 of the Security Ir~steument is amended to read as foUows:
17. Tnmfer of tbe Pmperty or a Beneticial tatereat in Barrower. If al3 orany part dthe ~'roperty of an interat therein is
sold or transferred (or if a beneficia! interest in ~orrower is sald or transferred and Borrower is not a natura! person)
without Lender~ prior written constnt, Lender may, at Lender's optio~, dectare all the sums secured by this Security
tnstrumtnt to be immediattly dut and payabk. Howtver, ?his option shall not be cxercised by L.~nder if exercise is not
auihorized by Federal law.
lf Lender eaercises such option to accelerate, l.ender shall maiI Borrower notice ~f acceleration in accordance with
paragraph 14 hereof. Sueh notice shali provide a period of not kss than 3Q daya from the datt tbe notia is maikd within
which Honovrer may pay th~ sums declared due. If Borrow~er fails to pay such sums prior to the expiration of such period,
Lender may, without further notice ar dcmand on Borrower, invoke any nmedies permitted by paragraph 18 tienof.
Notwithstanding a sak or transfer, Borrower will continue to be obligated under the Note and this Securiry Instrument
unless Lender has r~leasai Borcower in writing.
F. LOAN CHARGES
If the loan secured by the Security Instrumsnt is subject to a!aw which sets maximum toan c!?arges, and that law is finally
interpnted so tbat the interest or other loan charges colkcted or to be collocted in connection with the loan excecd
ptrmitted limits, then: (1) any suc6 laan charge shall be roduad by the amount neassary to reduce the charge to the
permitted fimit; and (2) any sums already colkcted from Borrower which exceed permittcd limits will be refunded to
Borrowcr. Lender may choose to c~aake this rcfuad by reducing the principai ovred unda the Note or by making a dinct
paymcat to Bonower. [f a refund reducea principai, the raduction wil! bc ttcaud as a partial prrpayment under th~ Nose.
IfY WITNESS WHEREOF, Borrower hss e US ABLE RA er.
`7'786?Z1 (~t~
ALFREI? tiARTABANO -Bb~iow•rr
2~ P2:15 ~
tsea~~
F~L~J 6ARET M MARTABANO -BwroKY.
R~G~=„ ;
$7. ~i~.:
c~s~ tmE ca~aar es~~~
. . .
~ . do~K 512 PACE 971 ~5~~ ~g~ ~,y~
:
. _
.
~j