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HomeMy WebLinkAbout0994 ' ~ - ~ . • ~ ~ . ` - + . , , . _ , . ~ . J r ~ . ~ . . ~ ~ ~ . ~ 1 ~ _ . . . . ~ . ~ ~ ~ . . . . . . ~ . . . " ~ . ~ ~ . . . . , ~ . . . . . . . . . . . . , . , } S . . . . . . . . . ' ario~ler sha~~~~ eqh ~ed~~dutgSge"~~~fi~n#~`~~t~C~if~"f'h~t n~is~t~ akin~fl'ttt~'~i`til u h t~tt1~e a~"~h~i' ~~1~ c~`ne~il~`~to `ih ~ e ; ~..,.~.E ~ ..,~t. ~ k , ~ ' Y`~` ~ ~`s an~~:e~ ec s,writterragrecmcnt b~ appi~rabie 1`y~` ~nsurancc~ ~i`i~tii~te~'fii"~ccorciance with~Fioi'~tiwe _ 'pe ~ teasonablF`2~~i`ie~~'rf~~ a~d' i~i3pectio i'~~li~ .~~~'~lY: Lender ~'+r~ake' 8. . ins CNon. Leiidc~rv ar iis ~ cnt ma ~ sliall ~ivc~~~~c~lt~`~~~"fi`~`~f ~~f~`t~"t ~i`iY ~Ciio'~i''~~1~1Tn~2asd~t861e caus~fb~~~`I~f~S`pE~it6"h. -9 Condem~atton. °The ~ceeds~o~~'~y award d~"`cl~tn~"foT~d~fita~cs; dfire~l~r`~~i~sequential;~i~°t~~n~~tio`~~?ith any'~Pf`de~Ii~~'ttb~t"o~'~li~~r~t~k(~i~'~6f ~ny ratt'(~I~"the~P~b~~ty~'b`~t'~i'cb vcy~'~ice in IiiN~f`cor~err~'r~~i~?n; a~e ti~~by ass~g~~i1'~n~1'~~Il b'~"~i~i~L~~de 8 , 1~ Y• . _ . . .,.F~~ . . , . ~ , . ~ . , . A . ~ 1~'thg`~~~`~it~'bf a"~I~Cak~°n bf~he"'~~ ~ f~ }th~e p7oc~eds sh~ll`~ ~he even~of ~=pa~~ii~stak ng~~~~ insi~i~~~t~ ~ihethef~~~ due. wi~th~d~i# exces g, ~t~1 ~r. , . _ Y b~ ~'dticed by unless I30~~"oH~~~ ~~~'1:~~``d!'~ t~rrwise a re~ fir~ ~i '~'th~~~"tl~~s ~ec~1.r„ecf bp"thi+~ Sec~fl 1~'~f~f~~`i ~fia I the ariioui~C`°~I'~t~ ~``~eeds iitU~~tip`fiec~ by~h'~ f~llow~,~~~~~it~'C~)~ti'~ t~1t~1 arr~au~l dl~the su~~ sec~rcti~~~i`ii~t~diately before tti~'t~f~`ig~`divic~e~"b (t~h~ Pai'~`irf~1~`c~~lue a't~~`~ ~~di~~~l ~ befdre"the lC'"~i~i'` 6: aidT~`$~'i~ ,p~, , ~ ~ ~ ~u ~ takin ' b31~~~eslia~~be - - - P ~ - ~ , , i~ tii ~ _ • . + ~ Y , _ , y 'cot~~c~er~'~i~r ~flets Co ~t~i~ ab~~tdct~ted b B~f~v~~r,'c~tiP ~ft~ir r'i~tiT~b ~Le~id~`~ make`~'l a~~~d'~~` ~~1~ ~~i~im fc~ciarl~a es B~'i'o~'f~il~'t~ir~s nd~t$"i.'~'~`8~ withi~ ~er~ih~t 1he: X. . ~ g,, ~ , j . . . , ~ , . '~'~c~ s~att~'r~dat° li~tT~s . giv~n; L~nd~`'is a~h'~"zetl'~b~~`~c~t a~~i a~ll~th~ ~Y~c'~ds. at ~t~'6 U~ri, either~"tb rec~t~'~ ~'f~`~`'rep~i~ o~lt~~i~'~iy dr to'~lie"sfii~s s~`t1"~i`by~~~Sect~'tt~!Iii~lf~fF~'~+t; i~h~'tfi~i~k~°e: - ° ~nles#~Leitderand Bb~`oW"~~`c~th~niv~s~`~~re~"1i1~'i~'~t1~g;~anya~'~iicati~~i"~f~~~ceeds`ib~-~it~Cip~1`~h`~fl'f1~'~~t~~d`f5r postponti~`ih~du~`'d~1~~if Iti'~°i~t`~lhl~~r~fi~`~5ts i'~f~~`~$~'~~'tr~~ag~aphs~l a~it`cl`2 0~ ch~°Ng~ttt ~'~~~f~li~5~~~t~. ~ . . 1l~ Bo~o~~T~ at e eased; ~oi~estranee°~y`I.en$er>~to~;a.?~a~v'~r~ ~~t'~i~~'~f'~h~`timc~~f~~~i~~`~fi~~t~r _ mociifieatio~i~'df amo~ii~lt~"'Df tlie suiiis sect~r`~bq~~his Se~"~i~t~'I~f'~f1~~Yi~~~Yaiil~d~by~Lend~~°t~~ly'3ucc~ssor in inleresC~~~i~~'t`~il~'t~~i~[~'tA"'~leas~'t~Ne liabilii~~"~~i~tia~t3t~`1~iA'~'6~`B~`Y6W~`t's si~~tcssors ii~`i~ferest. ~ $ ~ , F ~ . ; ~ + . . .c~1i`~1`kf~'Secu~it~tri~~~nt~b t~d~~i~E'~f~r ' pa~m~tbit"~~rtfiris~ ~ilj~~amo~~~iz~~fi~8~1~ h"~s~t'sg~cugainst ~r'~~s~~cessor m inferesl~~feas~ri~f~ne d~fh~nd~`rtacie by 1h"e~fi~t~~l°Bi'~~e~` c~'~A~we'~ ~suc~~sso~'fiii'itit~rest:~Ar~~' fc~rbr~r'~~`ee byLe~de'~'ii~'exerci~'~"'~`ti~fi$tiC~~'f~~`dy shaU t~~be~ w ~[ive~`af`~'~i"~e21~'`di~h'~ ex~"~c~sc"~PfiChq~'iglit ~eiiY. ~ `~11, '~uccessors and Assi~ns Bound;~Toiht'snd~~Seve~al L~sbi~tyr; Co~slgn~is. ~I'he c6venants'a~Td~~rt~`~~~lts:of thisSc~l~lh~t'~'~~t`sf~~i' i~i'~ts~~~fl~`tht's~cfssors ati'd a5sign3~fl:~hdc~~'?a'f~~i Bd`t~rb~vt~r;'sub~e~',^1`'tZ~th~ov~sions ~a . , . ; . ~nts a~ii;agre~rtier~ts`~~ii~~'~~~i~#i~~1`d s~vcral. A~~B~'o~?rc~ Wh'~i~"b sign~ tNi~~Stcdnt~• of pa~ag~aph'17 ryB~1'fow~er s`co~j~n _ _ Instru~i~i `t tiY~t*d~s~ r~6t.c~~ff~~t ~ ) 8 p Y Y~ . : ~ ~ r . ~ $ g $i.,.• . . , . Y th~t~H~Ti'`b~er's ~~t~rest m°th~"i~~ ~~1 ~~dt~h~ ~~ns a~~ki~~S~~l~It~~C~~~t~(b~Iis"~ ~rfsbh~Qy oblig ted t~p~y ~ the sums $e~ured~b~ this~Se~U`r~iy$instr'~ine~t; and~(~)~~rees~ttiat°Lend~r ~~~i ~~ty othe~~ewer may agre~ td:extend, , ~ ..e- r ~ . , . . . . , . - . - . _ modtify, F(1~ti~~r'~r'makt~~`ny'~~co~~`tt~n~"it'ith~`~~:4~'`dFt~~`~ t~~?srofThis 5ecU~ity~Ii~~l~t~it~t`~i Ih`~'N~t~ ~illi'~'tit: - that ~b~'o~~t's`~~dii~~t. ~ , . `12 ~ PI:t?ai~~ C'h~rges. ~ IP`thc°lo~~? st~t~red by thi~ Sec`u~ity°In~t~inr~it°i~ s~bj~t"io~a law whi~h s~t~'~rt~t~~i''It~dn ctfi`~tges~ and ll~f~l~w is~fin~ll~ i~t~'r"~`~'~t~i1 So~'tK~1°the`~nt~re3t~or~~ther`lo~n charges coll~."t'ed°`br~t~t~e~~blit~t~'d~in ~ connectior~•H~3th~'th'~`la~'ri'e~tceec~~h~~rrilitted limits;tther~ti~(~)-anq`st~i~~l~ ~~"~h~tge'sliall"b~`-r~d~tced~by"'~he°ar~~i~t ~ ~ necess~~"t~r~iiuc~~th~~ch~~g~ t~~h~°pe~i~t~d'lt~i~, anc~ (b~'an~'~u~ris•alr~ad t~bllected fPbi~~~ow~~t which'~~i~eeded ; pe~iit~'~il~~li~iit"s•wili t~'~fiu#ti~dFte9Bi3~dW~'r ~i:tnde~ may~~ckaose'-t~~trake`°this~~~ft~`~~d'`byTr~dil~i~g"~he "~~i~icipa) owed unde~'tNe~'~l~t~ ~by~i aki`n~`~i"`d~'~i"~~yrtie~nT~b~$~`rovtirer ~If a~~~110f~'fi ~educe~~iti~p~f~h~redui~~~"dt~ i~i~l-b~`'tre~ted as a partial ~~~pa~"r`i~~t witht5ut`~~n~~rep~yme~tlt ch~rgZ~`ir'fidei "th~`'Note. ~ `~~3.'°"I'eg~slstion APf~cting•I.ender'~'~Riglits. ~ If~enactment~or eX~?ita~ibli~`bf`fippli~~ble~laws has~'the eflect~ot . , - . renden~r~ any''prdii't~iun ~3~`~he~N~ftE ~``thit Se~~i'it~~lit~t~ortneni~it~ititt5~c~able a~~"~t'`d rh"g t~it~t~'~s,~ L`et'~~er. atit~ts~til~n, may-ri~~irL~~i~difit~ p~ ment ih=Pull bf~~ll`sum`s sec~lreil~bj~'"tliis S~cc~ty lnsii~tt~~rlt'and"fY~ajr`~itiVake pY'r,~aph"Of P~ Y~P $ ,p y ~ : ~ t ~ ~ R . ~ . P~ 8in~ilies r~iif~"d b a~a ra h 19. If Lp~d~~ eze~~ises th~s o"tibn; Lend~"~stiall take'th~ st~ s`~ ifi~l rl~th~`s~`o~td` ra ~aragraph'~f 7. - " ~ ~14. yd~i~es. : Any n"~iic~'t"ri i~c~roc~j~~p~dvide~`fCif~tii~'itiis Sect~~it~`Iti"~th'Yr~rC'~t shall be giveii~by'del~~~ttg`1t't~by mailing it by' first `clas~ti~il''t~less ~p~ilicable°IawxrecjCiires°use ~of a~'t~ik~r~Yttii~lhoii:'~=The notice shall be ditt~t~d~t~~'the P~ri ~~`t ~AddtCSS~Of'8i1y 81hE'~3ddtess H8~`~'Owt~'desi n~te~~b'~ ~ce'I~~Leiid~g=An' `~yt~blie~ b rl~dtr`sti~l~b~ ~iv~~~by . . _ _w , ~ . s . t ~ BSi~'towerr~A`~y~t~~Cice firstF lass mail Cb L;e~rider's ~'~tlress st~ated htfe~t~°t~~ any ih~r ~t~`~dr~tss-Lev a~ ti'8a'~~oW~t`~"L~'~der when' iven"as" rodided provid~d it~`Pf~°lhts S~~Yit~+'Ir~3t~tt`i~~~t sh~1Tb~'de~metf t~k~ve been gi en t 8 ~ m 'th~~~~ragr~~h. ~ . ` fS.~R~ov~~r'Iing~[.aw; Serfrab~Tlty. -~`hi~`S~iT~ity~[n3't'~u~tte~t~~h~l'be`gc~vern~d byefedCf#I'law and'ihe lawofthe j~ii~dt~"ti~ which~th~~P~`a~~y~~s°ldcaced.`In°th`~ event~'that ar~y`~p~~vi~i~St~"'br"~I~i~s`~`~f ~hi3-Sec~t~itj?~I~stri`ui~'e'~t"bi~'the , Nbte-ron8icts with a~~lic~bl~`'i$w, such°i~tifli~t=shall rt~al`~ffc~t b~t~i~'~i'~Vis~~ns of'~hts'Sectl~ity~Irisl~~~t~1fi~~lVbte ! , ' d~~he~~isv~~i~in~ t~ his Secu~i~~? inst"~ertt ~vhich ~ar~ be iv~tt efli~it w111i~"~CTtlf2 tonfli~t~n tovis~on. ~i'o 1Nfis~en s , ~ ~ t~i _ ^ . , ~ e ~i~'fNe ' N~Ce~~r'~d'tcl~r~tl C~`b~ ~v~rable. ~ , { _ , . . ;1~, Bbiri~ower ~~~y. ~ow~r shall bt given ~rtt~~if6i~~d'~p~ bf th~"~lote and'~i`~his Stct~'rit~'I~i~t~ti~c~t~t. `~7. raester of"th~ 1'~ap~~ty'~i''n~8ene8cial Inte~est`ifi Bd?rroxer.m 3I~f allyar a~t . ~f~h~°P~fp~~f~"'tir'aiiy ~s5terest ~n~if''rs ~Id f~~r~d (~'"if~benefici2tl ~rit~rest ~n B~"owe`~ is s~ ti ~a~s ~ ~ . ~ r ~ d , S"¢~ ; .i~"~'8t a natUral . ~ ~ir . Ixndet ti~~y; at its o~ti~n~ re~`uira Ir~t~edia e~~~~fit it~`~'~Il~et ail st~ms ° rs~~ Witi~b'~~Le ~~~~S TC~ef~~onsent.~ . P~ ndtr s p~ . secur~cl°by~this Sec~~ity In"s urttent _N~v~~vEr,°'this"ap7t~fi~hall~nor`b~ ~xt~tc~sed by~L.ender'if~~~'~~is~` i~p~'~hibited~,by ~ ~ fed~~`~if lavt~"a~ t?fTh~yd~tC''of i~ Se~~~ity~tti~t~~t. . ~ •1~"[:endtr~exetcises~t f'~pNon, I.cr("dt'~ shaU. $iv~ Bd~"ow~~'~bti~~"~f ~ceekration. ~['h~'n~tiee shall'{i~t~vide ~`petifid ~ k t~lt~!`~ttc~'fi~"d~liv~red ~'t'ntailbd withi~' whi~it~~iFi~dw~`i` i~t'~~t paY ~U s~~tt~secured by k h s~Sec~~th In i~`i~'e n~ I~~`bw~"f~ils t~#"p2~~iliese su~ifs'~H~h`t et~fl~tit~~'~~`"t`~ii~`pEri~"d; I;E~de~`i~iay'thvok`t a~y 1 j ~ rem~iies permitt~dby~ this Secu,i~ty~~n~Si~l~i~t;t~itlidi~lYll~ii~ticE`t~''d~m~~~~!'~'~~ow~r. ` 18. B8`t~`o'~'P~r Ittght t~Reinst~te If'`~bt~'oi~'~~"~Ftat `~~~tain ~~ti~tf~ns, ~ e~f6~~~~terit~~i~`~his Sect~rit j~F~n~irr~"di~!~itl~ftfued rit~an~~s . . c=~~~r'sh~ll`'h"~~e tk~the~h~?'t~~ve ~ , g ~h~ ` ~ t~`'~h~ e~rtlifrot` ~'`(d~3~ich F " , ~ , , ~ _ sale tll~fhe~P`~i~` ~ty~ursuant td s~ w~i~ bt sale cy ~ appli~able laa may sptc~fy~' for~`~ti~ist~t~mtrit}~blfpre " ' d~tAined in'~ihis Sec~~`it~In~~~t~Phef~t;~~'(~'~° r~J gtnent enforcid~~this Secu~it~~~Ent. ~C~t`ose ~ond~t~ons ~r~°tk~t~~f~bwers • 4 Y ' ~ ~ - ` ~?~~t°~nd~"the~~l~e had "no ~cceleration ~ ~ °p Y ~ ~ ~ . a s Ltndtr ~ll'~~'~ttt~ v~hichy~hen ~ thE ~'~n~"nts~or'a~ aments~~ t s all~ex nses iricui~red ir? e~llf~i"t~~~this ~ dcc`~I'red~ (b~ ~~res any~'d~fault d~ ar~y ~ _ . 8 ,r~ ~ ~ ~Y P~ . ° 5e~cu~it~`1~~~~~t;°includitig'; Kut"noi~limit~ixZo;~~reasonable atto`rney's'~fees; a~d:('d~~"takes such'sction`as I:~i~der mi~j+ , k ' . ab~ tibn-'ta~ a~tthe sutn~ secUred !fe tht~thSoc~y~ Ins rumc~t sliall continuc~unaha~the:Prdpe~Cy end~~'e~?t~`s g ~ p,~F. ~ ~ ~ ~ nged~'U~n"reinststement-tiy ~ . . ° ~ii'~~igation's seci~ra~`~~~`e~kali remain fuliy efFectiv`t°as ~1'~~'~i~elemda~~ had ~ ed~Hbwesvef ~h ~trigl~t''t~in~~ts~t~ shail`i~~t s~p~ily`if~''~11~~ase ~f acceleratiot~`unde~'` 'ra ra hs~~3 6~' I~l °t~ 8 p ? . , - ~ooK 58~ ~"~g2 _ . - , . _ ~ t . _ .