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HomeMy WebLinkAbout0961 , . r . ~ ~ - . 1~4. NotiC~. lixrcpt fii~ ;~n} iluU~c f~uulrrc) tuuter a~~~~lir;~hl~ L•~~~ lu hr ~;i~ri? ut anullirr in::nn~•i. i:i) aii; n~:1i. t,, • t: . Hucn~H'~r ~~ru~•idr~l fi~r in thi~ S«urity' lntiltur:~nl ~hal) hr ~i~~~n hy ~Irl~~r~ni~; il ur h~ ~n:iil~n~t i~ 1~~ lii.~ :L~., n~:~,l ~ . ud~lre~ti«i to 13~?rro~~cr at the 1'ru~~erty A~1~i~r" ur at surh ~,thrr :«I~Irr,.:~~ !!u~ iu~~~~r n?:i~' ~ir.~t~u:~~r I,~ nu~i~.• I.n,l~ i:~. • ~uu~~i~lyd hrrrin, and (b)ui~y nuticr t~? Lrn~lrr ah;ill tk ~i~~~n I~~• li~~~ rl;i.~ ni;ul ~u I.ru~lrr',,i~l~lrr.. ~i;~~~~~1 I~.•~~•u~ „r i~~.i~:li • ~ I uth:r ~i~i~lr~ss as l..ender muy dcsiguutc by i~utirr tu i3orn?~~•~r as ~iruvi~lr~l lirr~ii~. :\ny n~~~icc ~,ru~iJ«I t~~r ~n il~i, tircurit}~ ~ ~ ti~strumrnt ~hall be d~cmc~ci tu h;t~~~ b~~~n gi~•rn ti~ I3urr~~H•rr ~~r I.rn~lrr H~hri~ gi~~~ n in Ih~ in:~nnrr ~Ir~igr~;i~r~l'?err~n. . . . ~ U. UNIFUR~i SF.GURITY INS'l'RUf~tl:t1JT; GOVI~.Ft`I\'G 1.A11'; ~h:1'l~:itrif3tl.l7'1' . . ! Unif~~rm Ca~~rnant 1 S of Ihe ScYUrity In~trument iti umcn~lr~l Iu rra~l a, f~~ll~?~~.: ~ ~ 15. Uniturm Securjty lnstrun~ent; GuvNrning [.Ak; S~~~erubility. "fhi~ fi~rm ~~I~ ti~ruii~~~ In.t~uu~r?~t runihinr, unil~~rn~ ' Lo~cn:in~s lor nationul use anJ i~an-u~~ifi~rm cu~~enanlx ~~~i~l~ limit«I v:?riati~~n. by jurtitlic~ii~n t~~ c~,n`titu~r a unil~,ni~ ~ I securil ii~slrument co~~rrin rral ro rl 7~I~i. Sc~urit Instrtm~rnl tih:~!I ~x• ~~?~rr±?r~l h~ tc~lrral lu~r .~n~l thr I.~~~ ~~I' ~I~r . ~ r 8 P F'~ Y• ~ ~ ! jurisdirtiun in which Ihe Yn~perly is I~k•iilr~l. In thr e~~cnl t~t~~l any ~~ru~itiiun «r clau~r ul~ Ihi` Srcuri~~~ l~i,Irum~ni ur ihr ~ Rute ~untlir~s N~i~h applicuhle I:iK•, ~uch runflirt shall n~~t :ilicct uthrr rn~~i~iu~i~ ~~f thi~ ~rruri~~ I~~;~ri~mrnt ur ih~ N:~~r ~ ~•hirh ~an tk gi~~en eflcYl ~vilhi~ut Il~e c~~nflictin~; ~~ru~~i~iun, an~1 tu I~iis rn~! Ilir ~~r~,~ itiiu~~. ~,f ~l~iti ~r~uri~S~ In.iruinriit anu , thr N~,tr ure ~icc?ared tc~ tk severahlr. . 7'RANSFER (ZF THI~: PRQPH:RTY OR A i3ENl:I~1C'1~~1: I'~'i't~:N1:47' l,\ .li<)[tRU1~'I:R F ~ Unifurm Co~•enant 17 of tFie Securi!}' (nstrumrnt is amen~ted ti~ rra~l ;~ti li~ll~~~~;: ! 17. Transfcr of thc Yroperty or a 13rnet:ria) Intcrest in BnrroMCr. il'aU c~r any ~~arl ~~!'~1~. 1'm~:rrt~~ ~~r an in~rrc.! ~lirrrin ~ is,.~IJ ~~r trai~.iirrrd h~• f3urr~n?•rr (ur if.~ hrnrfici:il iiatrr~,~ in Il~?rn~~~rr i~.~~l~i ~u Iraiisl~rrcc! an~l li~?rru?ticr iu~~ n:iturat- ~ - ~irrsi~n ~u ~krsuns but is a rurrarati~in. ~artn~r.hi~~. Irus! ur ~?Ihrr Ir~al rn~il}~) ~~•ithc?ut Lr~ulrr'~ ~~ri~?r ~~•rit~cn ~~,n.rn~. s ' c~~lu~in~; (a) th~ crratiun ot~ a lirn ur enruml~r:inrr .uh~~r~iin.~lr tu ~lii. tirrurily li~~lrumcnt ~~~hich ~iurti n~~i rrl;iir ;i 4 ~ tran.lrr of rights uf u.:cupanry in Il~r ~ro~~erly. (b) Ihc rreati~m ~~I~.~ ~,urch:~sr munr~• s~~•u~it~, intrrr.t I~~r h~~utirhul~i I .e~,rlian:~.. lrl a Iransfir by drvi1~. tlcsrrnt ~~r b}' ~qkratiun t?f la~~~ u~„~n th~• ~Ir;ilh c~f a ji~inl trnatU ~~r (~Il Il~r ~,r.int uf an~ ~ hasrh~~lcf int~re.l uf three years.ur Ir;s nut rantaining an ujitiun tu ~~urrha.~. Lrnder m:iy~. a~ Lrn~lrr'~ ~~~,tii?~i. ~trrl:~r~ ali i tl~r•um, aecured h}• this Se~uri~y Inslru~n~ut lu hr immr~li:U~ly eiur an~1 ~~a~:ihlr. ' . . I~ tf l.rn~irr e~rrci~rs ,u~h uptiun tu .ir«lir:ite. l.~u~icr tihall tnail 13urru~~rr nulirr ul' a~.•ri~r:?tinn in a::~~i~lanrr i~ith .{'ar:i~r:~~~h l~ hrreuf. Surh nulic~ shall pru~~i~k a~xri~xl i~f n~~t Ir+, Ih.in ~0 ~1;~~~. fn~m ~hc ~I;U:: Ihr u~~ti~. ~iti;ufr.! ~tl~in hi:h Ii:~rruH~rr may !hc ~ums ~~clarrd ~lu~. It~ 13~~rrc?~~rr f;~il~ t~~ ,u~h .iin~s ~iriur t„ ~hr r~~~ir.~~irn ~~I .u~ li r i,~,i. - Lcn~trr n~;i)'. ~~ithout furth~r notirr ~u~IcmanJ en~ I1~?rn~~~~rr. in~c~l.r an~ rciu~Jir. ~,~rinillr~l h~ ~r.~~:~;;r.~~,h 1~ hrrr.~l~. I.rn~lrr in:+y r~~nsr~il tu a sale ~?r tr;~n~frr il~: ( I) 13urruHr~ ~au.r~ Ic~ h~•.uh~nittr.l t~i ;.c~~clcr inii~i ni:~ti~~n rri~uirr~! i,y l.~;::tc r lu ~~alu:~1~ tlt~ trunsferer as if a it~~~ luaii.~t~~rr tking ntail~ tu Ihc ~ran.lirrr: (2) L~iidcr rrasun.~hl~ ~Ir~rniuur.~ lii:~~ Lender's s~curity H~ill not be impair~.l and tn:it thc~ risk vf hr~ach uf :m~• co~•~ii:~nt ~~r ~~gr~rment in thi. Sr~uiit~ ;,«<~~:,ni~: (3) interr.t is ~~a~•ablr cm thc tiu~nx sc~urr~l h~~ lhi, S~rcirit~• Ii~tiliui~~c~~t at a ia~r a~rr~~tat~lr ~u Lcnct~r. rliu~~es in the terms ~~f thr Notr and this Scrurity Imtr~~n~rn~ rrc~i~ired by Lcn;frr arr i~~:~~lc, incluilin~. 1~~r ~ c~amrlr, pcri~xlir ad;wlmtnt in the intrrrit rate. a JilFer~nt linai ~:?~'iiicnl ~i:~t~ fur ~l~r l~?an.:incl a~!aiti~~n ~~t'un~~aid intrrr,i to }~rinripal; and (S) the transierce signs au assumrtion agre~ment ~t~at i. clrre~~l~~tiie ti~ I.rn~+rr :uul ~h:?t (if1~1~!:str. thr ~ tran.f~ree to keep all the pn~misc~ an~ agrrrrnet~IS ma~le in the Nutr :uul in ~his Srruril~ ln,iruinrnt. :i~ n?i~~l~tir.i ~i ~ reyuice~l b}• Lrnder. Tu the extent ~xrmiuc~ h~• ~p~lirable law, Len~lcr altit~ ma~~ ~hargc a rra,a:~:ihlr li; a, a c,~n~litiu~: tu Lender~s ro~isenC to an}• salr or 1 rans(rr. . ' ~ I3~rrc~H~rr w•i~l rontinur to be obligatecl undrr the N~~te and thi: Srrurit~• I~u~n~iiir~~t unlr~ti i.en~irr ref~c?~rs 13~?:r~~~~cr in ~ w rili~3~;. - ~ F. COVF,NANT llEI.ETE~ _ ~ N~~n-l.'~~ifi~rm Cu~ rnanl 21 of ihr S~~urit}• Inslrun~rnt ("1~wu: ~ A~1~~anr~~"l i~ drlrt~•cl. ~ ~ - G. I.UA?~ CHARGES ~ - ~ 1f ihr l~~an tie~ured bp thr Srcurity In.rtrumrnt i~ ~ulijcrt tu a I:iN' K'Illl'II ~~1~ Illa~imum 1~?:in char~r~, :in~! ilc~t ~a~+ i, ~ii~:~ll~ ` interpr~ted so that the intere~t othrr luan ch~rgcs rullrctrd ur I~i th :uil«1r~1 in r~~nnrrtiam w~ith Ihr lu:,n r~«~cl f ~rm~ited limitsr then: (1) any surh lc~:,n charbe tihall tk r~~lucrcl b~' !hr :un~~unt nrr~•xsan ts~ rrJucr thr ch:~rK~ Ih:~ ~ ~ permilted li~iits; and (2) any sums alre.«!y rullr~Ird frum liurruH~r ~~~I~inc ~•~rre~lr~l ~xnniu~ci I~n~itti ~sill h; rrfun~lrel 13~irruncr. Lrnder may choc~sr to make this rrfuud h}• re~iuring Ihe ~~rinrir:~l u~~~ii uiuicr tl~~• \utr ~~r hy ~>>aking .i dir~rt ~ nient ~o t3orraK~er. If a refund r~dures r~n~i >>I. thc rrJurtiun will hr trr;Uc~{ a,:> > ~itial ~r~•r,~mrn~ uiulrr thr `:,~i~. ~ r~~ t~ r~ i ~ - - l - ~i. I.EGISLATION If, after Ihe date her~of. enartment or ex~ir~tiun uf:~rplicat~l~ lci~~ti h:i~~r ~hr rli~•~t r~ther eil r~n~f~; ing tl~~ ~n~. ~.iuu. ~,t ih~• . Nute. the Serurit)• Instrurnent ur this Gradu:~ted 1'aym~~~t Rider {i~thrr Ih:in thi, ~,ar.~gr:~l~h I I) un.:nfi~rre:ihlr c~rcnrel~ii_~ t~~ ~ thrir tern~s, or all or any flart of the sums src?ireJ hercby uniullrrt.~blc. as uti~rr~~i~r ~,re?~~ielyd in tl~e Srruri~~ h~stous»~ni rnd this Graduate!1 Payment Rider, or e~f diminishing thc value ~~f I.ender's sec«rity. thrn Lcr.cl~r, at Lri~:lrr'~ ~ti~;:iuu, m;+, • declare :~ll sums secur~ci by thc S~curi~y Instrumrnt 1o t?~: immediatel~• cluc :u~d pa~:~hlr. ~`~4~~ ~ I'~ W I i tit.sS V1i IIEKE~F. Borro~ser ti~s exrzuted thi~ Graduatrel 1':i~ ni~ n~ Riel~r. pE,~y '~~2 JU,'V ( 5 fi Aecar~ - ~ ~ ~~ii~1 ~ _ A,u 9~ S6 ~ - . _ 3 ~ Z. 33 - ~ ~'~r ~ C •~i:l:.~ LL^r;r~-•- tJt'.i11 NATA J. G E IO cicfic~R roi~ r'~~'- rs. _ ~t Clr ~(~I r Cf ~ y ~IL:C RNf F: CGi~D: ' - r ~ - UAI ; IE CGtlt"f.= : ~ ` ti'~C~%i: c~_ st.wc . . nOGf.F~FGIts:;:5 .....L~NbA~~G~J~~RCt4 .........................................:.vf~-... : s~~:~i~ ~EgK GIRtWi GC.~~:I t?o~:o..er fCN.". N~, ~4 _ -R~~ • ..................................................••-•......_....._...........--.........._.:..ISe:~I) -:Sr~ c~~r.t•r # - . /J~~;rt i~r,f~:n:N ~)n1y J B(}OK P4GE c~7lJl) BU~( J l(_ P!!~~ 1~ ' RE-~ieCOt~ ~ ~ ' ; - _ - - _ .