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HomeMy WebLinkAbout0978 ~ ' ~ _ ~ - ~ ~ - _ ~ , I rr n . : lf L,endo~~tequit<d h1c~~tg~gc insu~ance ~s e"~b~iditib~"t~l'"~naki~~flhe'loan se~eu~ec~~~~'~`rhis Sec~~iiy'ln~~'~n'~~'t. . Borrower shali pay`iN~~p'r~~ti~i~i~'~tjt~~~~i~~t~i~ii~h~'fi'3'~~`~'~e ii~"cftect~11~11'~~h~~~~ a"s`lli~ f~'~'riic~~~t~xiha iosura 8e`Ceri~ii~lfite~s~i~'~~~t~td~ne~ ~tl'~i ~~v~r's~n~`l;~~id~l`"~ ~itt~"~g~eement ~Y~"cc~ablc la~?~• ; - , . Intpe~tion. shall give Bd~~we t1'Ot~ ~~r'~~i~~"e ~i~~iiiay'make~rensonable~eni°~ies ~"'~~id insFiections ~f hc ~'~~`~y. l.e~dcr t ce h~"ti°'m~r~'~t~ 6'~`ti~~ti' . 1j~ii~~'~cawnabl~Tc~us~ f6~1h~'t~~lib~n. . 9 Coademn~Noe. .`I'hG {'~~"Ceecls t~fan awar~ or`cla~~` o~ir dam ' ~ _ . ~ f ~ . Y . _ agcs~ di"r~~r'conseq~eri~i~l;°ih connccC`~`ib`fti w~th any caltdcrtlh~tiqn bt"$'lh'~f'tak~ng~'of an~~'i~°bf`~hc ~'rbpe~ty;"~~ fi5~ cohv~yli~ic~`i~~lieu~~f~~"~'de~ri~n'~fii~in; a~e ht~cby ig~eif and 31i~11 be ~ii~`t~~,'e°ndfr . „ : _ , , _ ~ F 8 ~Y ~ st !e ~~whe~her~~~~a~ ~h~~ due~wit'h~~ excessth ~d"t~ B3'i~~'er~ln the c~vcrr~`~f~ ~~t~l~ki~ ' lhi~ Scr"'t~ty ~ ln ~ P8 ~ 1i~ ~~~y; ~g o~ ~ ? ,G...~ , ; ~ , , 1 yi~~E~~h'~I~b~~~~d~i~e~d b~• unlas Ho w~t~ti~ ~_'l:t~dti~"""oth'Z~i~risr a~ if~ ' , tfi'~`'~fi~'s ~ec~ b thi~ Sec~`n~~~`~~~s`sc~~l~Eci~'i~di~ii~ly . g iill~il~"a - ~ ~ 4 a , r ` the amounl bf t~ie~ r~cotds mull~ lie~b the follb~4in i'~a ti~. ' t}i~ to~~! "~'ib'~ before th~ takip~, dibTd~'`b~(`~h'~`faY`rri"~i'rketyli"~Tu~"i~~i ~~"pc~iy~~~ti~di~tel~bef~"r`~"~th~`tak°i~`g:~A°i~'"b`~ia*~'c~har( be ~ paid t~ ~t~wt"r. , - . ~ . ~ - "lf~h~`Fi~p~ri~"1~ bbani~~nt~`~y B~~'~~~''~`"if,~iler~~i~iii~e b ~`Le~""der."1~~i~~~`r°th~~flthc;?~btid~"~'~fF~"n~t~?.~ make an award"dr s~itle`~;~Ir~ir~i' f~damaga, po ~ $~~tfwei~fa~il~`~tc5~`~s 'n~ti~L`e'i~dc~w~t~hinY~O~ ~sARc~`~th`e~d~t~he~r~"~ttc'r'is ' given;l:e~id~F is~t~h`~1`ft~''1~~11~`ct a~i~"d'~ly~th~e~d~~t`it~{it~h':°eiifier'i`~°`test~ia~iti~"~~a~ nf ih~ P~B~~)'"d~. . , to the sU~l ~e :~n~ ~~t}' In~t~i?it~fi~}^ wh`~thi~~ ~"~~'duft. ~ , ~ Y, .ise ~giee in w~ili~~r8t~y'~li~atiol~`°"~f'~'tk'e~ds~~~P'pal s1i~11'~`('g'~ite~~ t~r • ~ ~E~~h~'rw postpon~'"th~"`dui~'d~t~Plli'~H'~161~"pa"~1~ts~iref~~'r`~"(c~ii~~~agraphs~i ~fid 2y~Ci' ~hange'ihe~am(s+~nt~$tsu~h'~~`~St~ts. y'~. 10.°~ HorroNer7;No~" ReleASed; ~ Forbeuance' By' Lender Not a! Wiiver. '~zt~en3idn~ iif~`the~iiin~Y fr,~' payit~ent( nr I modification of arr'i`tb'~tii~i~6~'~$i` th~ 'SUms{ s~i'~'by this Seci~irif~'" In~i~~i `~~~te'~`b~_ Lt~lder~~~ a~~~m su~`ce~~i~"in , ~ . { ~ ~ erest~df Bd~owe~ shall n~t~~t~'td~releas~'th~ li~b~lity`of tti~'ti~igi~~l B(~i'i~oker:~i~T~E~`io~l'r's sU~ces3or~°ti~i~`~~st. Lender sh~ll'n~~be!~r°~ired-"t~'°i~fi~'rr~C~rFea,pft~t~dfiigs~aga`insl ~ny s~c~ts~t~fi~~~test~~°~~fuseft~~ztt~i"d~ti~Yic'for - : paYment 8~"bth~rw~se rri~'dify ~ir'~iiali~i~Otth"~ s°~~ secure'~b~''Ihi~ Sec~111~'il~ln~tt~ittni~by~t~asbn~ol'an)~`~dt~fPf~r~i~d~de; ' ) c''b'fi$_ - , ~ , `t'~Any fd~rb~~i'tgnc"~by~ 1:~~def=i~~excY~i~~ing any ngh"t`~i~~iiii~dy b th~ TTf~~ Bb`I~fOWlrf`~~"~WI~P S`~~CSS~~~IE~t~ shall"ii~'b~`~ w~ivet ~f~tSr precl~de th~ Exc'`t~isc~feny~igi~i b`~ r~e,,~edy. ' ~ ~ ~11. Successors nnd Assigns Bound•rJotnt and Serera-PLiability; ~6-signers. ~`The#rov~`~i~ ~~d~a "rceme`~ ~ nls bt ~ of ra ra h~~'~:~ BO~~o~tr s'2 ~~~d ~n~l~ben2fit tht siicte33~rs and assignf''bt Le~dcr and Bof~c~~i~~r. s~bjerl`~~'th~'~c~`~~fibns ~ , thisSecurit Ir'~tr~r~f~t sh~~~o fnants~ndRagreemcnts~hall be~i~it ~i~2f uveral~Any~ Bb~`~""oWtt•wli~"`~=~igns thi~Stei7~ty . Pe 6 P ` $ ~ R S~ , Y° ~8 8 ~ ? ' Inst~menf but'does ~~1 txt~te`the~~N'ote: a~s~~~=si nin his Stci~nt ":In~ti'~~i l~fl t8~m~t a-e~ rant and ~~'~Yc , ~ a. . ~ , that°~~t3trbwtr s'~~tei~t~ in ih~ Pr~p~~t~r'ur"~d~r th~e~h~"'d~ ~~1~~ Scc~li~tjr~inst~if~ent;gCb) i~1i0t~~trstinally''~1bligaCl~t~~y the sums.~~i~~`ti9 bythis SeC~~ity~ltl~i~f~t~rtt; and+(6)~agrees ~hai~l:e~i'd~f~"ar~d anp'(sther-Bb`~r`oi~~~r`m~~•~agree'tb~e~ile~d, modify; f~`rliear'oi" i~i~ke "an~ ac~omit~tid~il~nr with~regard'tt~ th~'Ct~n'~1~(his Secu~iity~~lt~siitliment 6i"ih~~Nc~te witNd`ut that B~~rower's~~8itseitt. - - ~ . : : ~ . ~ . . ..r . 12. ; Lo,n Ctisi~~es. ~~1`thi`Ib3r~ stfrUred b~th~s,Se~+~i'riCy=lnsirurrf~`fit ~s subjec(~'t~ ~ IaK•.wrh'~~h'slt~~rXfrrturii Ic?an - charga; and~~h~'i~=1aa~Fis-finally~xi~t~~teied sb~lti~t"the' i~tereshor'~~Yli+~r.loan°`cha~`g~s'~t~llected-`ot~t~~be~'C~I1~Cted~ih - ~ connati~t~ Vv1th~ th~`'loan't~iceed~'tlie>~tmitt`'td;limits,~then:'~(~) any s~l~h"Itf~nk~h~~ge shall'bt redilcc~°d#by~wthe~amilu~t - . ~ _ . . necessary tti redCi~e~1N`t`~cN~fgt~Tb``ttie ~'~t~tt~"lirttit; an1i~~(b)'~n}'surt~i°already'cbllect~dift~~tt~B~r~ow~ti°G~hirh'e7~ceed`ed . i peimitted lii~its~will`be°refunded'i~B6~"~ovirer ~Linder'~may ehoos~ tb°make this~retund•by=redt7~t~rs~"th~~'~i'~"neipal'°o~Gired . ~ . _ . ~ under the~Not~`or by~maKing°~"dire~T payment~t$~Bbrrower:' ~f~`r~fund iEduce's'r~incip~l~h~reducti~h w~ill be t~eated as a . partial~3re~riymerit vv~~thd~t~~~ny'~~epa~rti~tv~harge undt'r the Nbte. - ..13. . I,egislation ~~fit~ti~g' I:endlr's? Rtghts. ~ If'E`ij~~[finent or'e~tpi~a°tic~n~'of applic~bl~'~laws ~has~ the refft~t~df rendtnn~ny~i~(ivistbt~ ~~'ihe Nbtf o~''ih~s Sectt~it ; lnstr'u-mri~t~nehf~t~~?blc acc~l~~d~n t~~t!~t~rr~s; k ~ ~ ~y m~a ~~r uSr~p mg i~c` ment u1~~ ~ ' ~ ~ ~ ~ ` ~ ~'~"m~`dies ~ full btall sttm~s'sec~rt`d~by ihi~ ~U~ii1)"i~tsti~~"'i~i an"d fna~°iritokeranyt e~~t~~~, ~ rmttttd b~fa ra h 19: It`~Ltnder'exef~ises thts b tren, Lender sliall'take the~~t~ ~ s fit~d f~"1he st~b~d~ ara f~h~df - paragreph~~. . . - ; ~i"4 -1Vdtices. ~?ny~~~"blice'to~ BOifowerp~`to~~dtd for i~i'ihi"s'Stc~~ity~ln~l~finei~t`~H~~f b~`gi~e~ by`delivenng i1'~"~ t~y mailing~ii by B~t`class mail unless applicablerlaw`r'Zqi~~~es~'use dtanothti"rifi~hc~`d '*`~'he ribtire"shall be~~`dir~tedFfB"•''~he ~ _ m.: PropertyfA dress~bt`any~othtr addressaBdi'foWer`destgnafes b~~i6iicc~td~l~ildEr. Afi~'ncftic~kte`Lendtr"s}i~l_'bc~giv~rl~by first~class m'sil t~°l;er~det's addre~s~at~'d~he~ei~i di`~~ny"6the~`tiddfess~l:t~dtf'designates b~~`~otire"t~"Bo~owcr.~A~~~f~~ftice rov~ded td~'°ii~`C~ii~ Sec~~t 'lii`ft~umerii"" „ . Y~ ~ p ' y shal~be°deem"rti'ti~have`ti~"r~~giveti't~ B8'~rowei~`di``Lcnder"wh~~'given ar~lrtSv~d~d in this~paragraph . ~ ` ~ a Y , ~ y ~ 1S (~i~lnlin~'I.~w,` ~~~rab~ty: '~`h~~Scc~ityilnsi"riit~e~itPshall'be gtsvern~'d by` tM2r~l~l~w~~ftd~tti~`lavv'`af~=the ~unsdi~tion`in~which~ k~P~'t~ ~y~ir~locat~'d. In th2 cverll`t ~ h~i`arly`p~'fsi~isr~A"bY"~lause ~t~~hi~`Sc'~t~`rify"`~Iii'strffAleht'b~the . Note~tonfli~t~ ~vlth ap'~litable=law; such~~tifl~L~t~~h~11'~i~t ~fli~`t'~tFi~7r"~`t`ovi~ions~°Tbf~'~hi~ SSc~~~ty~I~i~i~7iFtent~e~'11i~~fVAte _ which'can~be given effeEt wit~~'0"t`~h`~`~'b~8i~ting'~rbvision:.!I'8~thisy~h~d~FiG'~i~o~i~ion~ ~~fi~his Seca~t~' Inst`t~ment ~arid~~tie Note ar~"de~l3reti`t~ be sEverable. _ ~ ; . . , ~ ~ , - . . ~16. Bd~rbrr~'FCO~'y. ~ µ8bi7`bwei"s1i'a~f b~°givet~one cti~fd~i~d°copy~f'~kt~IbtF a~~d~f ~tHis`5t~°tt~l~~lnsti=~~i~'~t. "~1~ fir[nite~~d~``~h~~~~o~~er a':•BeneR~i~i~~ftlrest~(r~~~~o~~r. Tf ~U,'~r `a~`p~Fi~et~he~`P~b~~iyor~ any inlerts~~is'sold'~`~`'~~tsfe~ttd'~~1t'if'~b~C'r~eficial'iAt~te.cC1~B~'I`~e~urt is ~old ~~"1`~'it3fii't~t1 a~n~~'~ow~'i~`f~t ~a'nai'~'~'~I . r. . person) withoul°L'~`~'d~'~'s~`~Tt~1` written"iCbn~~fi~l:~df'"r"h~y, at iCs d''~ttb'~?;~~°i~uti~?`t'~rl~`~iirdi~t~'pa~itl~enl i~tYiill'~f'~II`~il'~Itis secut'td`by~`this Secu~ity~IYl~ti'~t'~t:'Nowever; this~`b~ttt~ti~~hall°r~d't'~Kz''exet~ised~b~i:r~"dt7~'if°exercist"~is~'{i~tfh~bited°by - federaf law as nf~h~i~te"di thi~ Secu~it'y'ltt3[I'~~NEnt. ~ . I~l.en'd~r"~c33itf~iaesFihi~`~t~; l.endet"~He11'giv~°~Bt'~ower'nc~~Fr~'tff~'~c'~1~~`~ti~n.~The n'~tlcrt~hall~~o~d~~~°~riod ~ ~ . ` _ F 3~f`d~?~f'~~` h~~t~~ ~~th'es~ s~ s~-~~il~i'~h~ t`Px f~a~~f~~~~~ i~rrsiri~'~ ~y°~Il tiuttts sec~r`rd'by of ~(~f It~'`i~ ~ +~[i~t~t:~~~ow~i``fatl!~' it~fii'~`t~ ~6 ~ ~ ~t dt~="~~~~fi~~'~ik~ ~r?y - : ~his Set~i'~t In ~f ? remed~es rrY~iit~db'~~1'3 5e~~t~lty~~~1~'~'1~{'i~~i~F~tidY fi'l~h"~~it1~'t~r't~'"~""dtl~tand t~~` ~bwtr. l8 ~ai~b~ve~'~°Rtgh'~''t'~"`Reinstate. '°`ff"Bo"~~wer'mec~l~ri~f't~fr~z'~'di~'t~s, ~'tt~'~rt'~r ~hall`~h'~~r~~htfrig~~l~'tt~°~e ~ enfot~~~tii~'i~f'~fil`s Sec~urity 1~3~'Pi~A"["di3~d'~"tl'w~t~ed ~t'a~pk'ftt~~-~fi~~C~ c~tlt~``t~r~~`~'~S`~'d~fy~(~'r'~~~li'~$~~ i~~i'~s . p~ , applieable law may sprc~fj~f6~~instetemen"i'~`bet~'tt`sale~~f"tH~"~i'~°~i`ty' pa~~~~iry'~~'Ci'i~'~t':'~f salz'~~l~t~~{~~is Sec~i'~ty ~i~(i~tt~nt, c~t"`(l~j~~i'[ifyrbt°~ jud~mrrit ~~ffbr~in ~'this~St~~~tty~i~i~ti~ment. ~'F~b~t~~~~`diiion3 areXthai`~`r"~~v~r: ~ ~(a~~p~[ys=Le~dtt all~sutns ~v~iich then would` b~Tdue~u~ t~'ihis Strut~ly~*in~ 1'~I~d€tih~'~f7ote h~d nb. at~t~tl~ll1~h o~'~i~(b)p2~~'es any'deta~ll~ef any biti"tr~~ovtnants~or agreemtnts; (c}Y~pays.all ex~iErises incu~fed i~"f`t1t6~'~Y~~~this y~ y~ 'g. b~t~~tbt'I~~ited`CO,'reason2~"~le gitc~~rteys"~fces; and"t~)~take~ such ar~io~ a~BLendet r~ay "~ts~~~bi n t~t~t~iassur~e that "t?~e I~en` Af this' Sec~'r~tyilr~~ii~tti~~t,' Lende~'s=itights~ i~•lhc P~ ~ty°~n~'~`~'i~wtir's , °b~igstiot~ to:`~S?Y the sums ~~r~tl°by~this~Se~~7Nry~lf~~~'i~~~'3h~li~b`~"iiA~~°`u~~fi~h~itg~i ° 1~{~~" ~~~irt~t~~e~ttient by ~ `~~rower,~this Secu~t~t~3t~-~n~~~7k~ otilig~fi~ns s~~rr~~hE~~b'~'sh~~ll rem~ii~foll~'eRA'~v~ ~3`ii~ib`~~le~il~r~ad . . . . , ° o~~~~red. ~owEver;'thi~rigKC't~"t~lnst~te'shalt`~~t'a~~?1y1~"tNt°casr of ~~i~l~'~atiel~trl~'d~ `p~ira r phs~go~17. P ~ `~oo~c~8~'PACE ~7'6` ~ _ v_ - _ ~ . i ,"r'-..: r ~ - _ _ +I"=. '