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HomeMy WebLinkAbout0946 , _ ~ - ~ - ~ , . . , , ~w 1 , ...-._...--2#. ~°~~;'~~Etcept Cci~ a~iy tiotice r~quir~d ~~+tiJrt 1p~licable law ta Kt bi~~n a~tiuthtr manner, (e) at~y noiice to !'orto~~~~ Pr~vided fo~ in this Se,:uriry' li~~tru~~~ent Ehall bc givrt~ b~• tict;~rri~~g it or by ~iiai4i?~g N by ~irsS cla~s maii addressed lo Elo~rower ai thc 1'rapcrt~• Add~cs. ar :+i ~uch ~~the~ addrc~c ai f3c~r~u~v~r m:~y tl~sigieate by notiCe lo l.cn~lzt as ~provided herein, and (b) Any natizc to l.enili:~ .hall br gi~~en by first rlass m;~il l.cndre~s Atldit+~ Slattd I1t(CI(1 A~ l0 SUCII . other ~ddress as l.rnder ~may uesignatr by nu~ict to l3orru~~•er us rro~ided hrr~iu. Any nolice ProvidrJ fo~ in this Security Instrumem shall bt detmtd ta 3~.~~•~ txrn 6iven i~~ Rorra~vrr or Lrndtr ~~•hen givcii in thr munner dcsignated herc•in. D. UNiFORi~1 SECURITl' 1NSTRU111:N7'; GOVEItN11~'G I,AiY; SI:~fERAl31L1TY Unitorm Covtnant I S of the Security Instrumenl is amendcd to rcad us to!I~~~'~: - 15. Uniform Sccurity l~st~ument; Gorerning LuH; Scvernbility, This form af Srr?~rity lsi.trument combin~~ unitorm sc~~~enants for national usr ancl non•unifuriu ~u~~u:u?u wilh (iniitc~l ~•.?rintian. hy jurisdicNon t~f c~nstiwte a unifisrm . s~:curi~y inslrumtnt «~•~ring rc:~l pru~~crly. 'l~hi~ Srcu~il}• Instnintcnt shall bc Ec~v~rnc~i b~• frtleral law and !he l;~~r o{~ihe juri±Jictiun in ~~•hich th~: Nrop~rly i~ It+~a~rd. In Ihc e~cn~ th;it an~• ~tru~~i~ii~ri ur ~luusc of ~hi~ Security instrumcut o~ the T~otr con(lirt. ~ri~h arrlicablz law, tiuch rcmftirl ~h;~ll not atTrcl o~hc~ rrovi~iom c~f ahi. Scruriiy :l~strument ~r ~hr i~'otr . ~~•hich can be givcn eA«t ~~•ilhou~ thc conllirtin~; ~~ro~ isiun, ;uiei t~ ~ti;s end the rrc~?~i.iuns of ~hi~ Security ln~trum~nt an~ thr 1~'otr arr dcclar~d t~~ hr ~cver.iblr. ~ E. TRANSFf~:R OF TfiF, YRUf'ERTY UR A 13F.ti}~:1~1ClAL I1TI:RI;ST I~ 13URROtiVER L?nit'i~rn~ Co~•enant 17 of the Security Instruntcnl i. ,?mrnded to r~ad .~s fuUci~~ 17. Transfer of the Property or A I3encficiul l~terest in I~urrok~cr. If :111 ~r ;?ny ~art of the Pr~iPrr~p or att interr~t thrrcin is sold or Iransfrrrcd by I3arm~~~er (c~c it b~nrfiri:~t intrrr,~ in li~?rr~~o•rr is suld ur tran~Ce~red aiicl tlarrower is nol a natural pcrson or pcrs~ns but is rprpc~r:~tion, p~~r~nrnlii~, lru~t ot olhrr (cgal cnlit~•) ~~~iihou~ Len~l~r's ~~ia~ w~isten co~~tnt, - exctuding (a) the ercation of a lien or e~~rumhr;n~cr sutxinlinatr t~~ Ihi. Securi~y liis~rument ~~~hirh does not rclatr to a transfe~ of rights of ~ccupancy in Ihe ~rc~rert}, (h) the creatic~n of a purchase money ucuriiy interest for household aprlianrts, (c) a ~ransfrr by dcvi~r. d~~~cn1 c~r b~~ u~~ratipn of laa• u~x?n Ihc dc:i~h uf:+ jain~ t~n:~nt or (d) the gran~ of any lcasrhold interest of thrte y~;irs or Icsc n~~t cuiu:~inin~; :~n c~Pliu» tu purrhast. t_c~idcr may. a~ Lcn~rr's option, drelart all thz sums sccured by this Securily Inctrum~nt tc~ br inimedi:+~ely du~ anA rayablr. . lf' Lender exercises such option 1u arcr~rr.~te, l,rnd~r sh~ll mai) Rorr~~~•er n~~lire of acccleration in ace~rdance H~ith paragraph i4 hertoG Such noticr sh~ll pruvidr :i ~rriucl of not lr.i lhan t0 da~~. frorn ~he d:~tr th~ nolict is mailed K•ithin , ~~•hich Iiorrower m3y p.iy the sums dcclarrd dur. 1f Rurro«~rr f~ih to rs~• such sum. ~riar to thr c~~iration vfsuch pericxi. . Lendcr m~y, ~?i~finut furth~r nolire or demand on iZ~?rr~~~~•rr, invc~k~ an~• rcn?edi4. rermitlyd b~• parag~aph 18 hereof. Lcndtr may consent tu a.:,tr or 1ra?~sfrr it: (1) 11~~rn~~~•cr cau~rs li~ br.ut~~nit~r~! ti~ Lriider infnrmation required by Lcnd~r to cvaluate the tr~nsfrrrr .~s if ~i~~~~ lu:u~ ~+•rr~ h~in~; madr tu thr lr:.~nxfrr~t; (2? Lendcr rca:anahly dtlermines thal Leudtr's security ?si{I not be in~~~airrd ~»~y ~ti~.~~ 1hr risk uf a b~ca~h u~ an~' ci~~~n~nt ur agreement in this Sccurity ~ lnstrument is arce~t:tiblr; (3) int~rrst is nap~btr on thc sums s~cured by lhi~ Serurily lnstrumcnt at a rate accept:?blt to Lcnd~r, (4) changeS i~i th~ cerms of thr Natc a~id this Sccurity Instrumcnt rcquiXed by Lei~dtr are made, includirtig, for ex3mple, pzri~xlir adjustmcnt iu tht interrst rat., a di(ferri~t fina{ ~a) ment d:~tr fi~r the lonn, and addi~ion of unp~id interest Io principal; and (S) thr transfrrct sig~s an assum~~tior. agreem~nt Ihat is :?cccptc~blt tp l.end~c :,nd t~at obligates the tr~n.ferct to kezp all Ih~ promises and agre~m~nls maJ~ in thr Natr :tiiJ in thi~ Sccuri~y Is~ssrument. as n3cxfifird if rrqi~ired by l.cncier. To thr exttnl rrrmiUrd by :~~?rlic:ihlc 1;~~~•, I_ciiJrr ah~~ m,~~- rharge a reac~~n:?blr fce as a tendition ~o Lcn~ler'. cun>rrtis tc~ an~- s:~l~ or tran.frr. E3orro«•cr ~?ill ci~~itinuc iu hc ~~hligalyd undrr Ihr h'~?tr and ~hi~ S~:Cllftl)' Ill~t(llt1iC11! lltilt~~ !_endre releases Borro~.•er in ~ N-(Ifltl~;. , j . . i I=. CU~'E':AtiT lli:1.i:T1:1) ~ ~ - . } , N~~n-Uqiform Cuven:~nt 21 af thr 5ec~nt~• ln.tri~ii~rn~ ("I~uturr ~~J~:~n«~") i, ilr~etrJ. ~ ~ - . ~ ; G. I.OA;V CH:~RCES ~ ~ _ . S If Ihr Ic~hn +ccurrd b~- ~hr Sc~urit~' In~Irtnncri~ i~ ~ul?~L~t ta (:~a ~~hicli .~t~ m:~~tm?~titi? I~~an ~hatgr., and th~t {a~~~ i~ fin~lty ~ i intcr~relcd su that lhr inlcrc~t or othrr (~::in rti:~rgr, r~~lkrte~l ar ~o b~ ~vlle.t~c! iti~ con~~r:ii~,~~ •~i~h th~ IO~n r~Cte~3 ' pe~mitted limits, th~n• ( I):~ny surh lo:m rh:~rg~ ~hall b~ rcducc~f b~~ the :~maunt nrzrcc:tr~• ~u r«luce the ehargr to ~ht " ~ ~ }~?~:rmiurd limi~.; and (2) any sunis alrt~dy rullcctrJ frurn t3urr~»~~rr ~+hirh r~crcJr~l ~ermiite~l limils a•il! be rc(undeJ to f3orro?rtr_ Lcndcr ma~• chi~~~.r Ic~ m:ikr Ihi~ rcftind hy rc~lu:inF ~hr ~~rinci~al rn,~~•d undtr Ihe Ni=1~ Of h)' [Ilal+lll~ a dir~ct payr.~ent to f3otruH~rr. lf a rrfwid redu~~s ~rinri~,al. ih~ rcdurtie~n ~.iil he ~rr:itcd a parli:~l rr~~a~mrnt undrr tht Note. H. LEGISLATIO~i - ' If, af~er Iht datr herrof, rnac~m~nt or «fiir~lion uf a~rlis:ahlr law•± ha~~r th~ r0~rt ri[hrr of ren~lcring thr pro~•iaian+ ~tthr - ; Note, the Security Instrumrnt or this Graduated }'aymen: Kidrr (o~her th~n ~his p;~r;~gr;~rh tl) unrnfor~e~blt arcording to tY~~ir ~erm~, at all or 3ny part of ~he sumc ~rrur~d hercb~~ ~ncnllrc~.~blr. ~~thrn~~i.~ rrn~•idr~l in the Sc~uriip In>trument ~ and this Graduaitd Pa}'ment R~drr, ar ofdirninishing ~he ~alue c?f Lrndrr's ~rcuril~•, ~hen Lender, a1 l.endtr's op~ioi~, ma} declare a!i sums securec! hy ~he Securil}• lnytrumcnt tu b~ immrdialrly due anJ ~a~~:~hle. f ~ - ~ IN Vb'IThESS VVifEREOP, Dorra~~-cr has carcutrcl l1~is Gradualed Paymrnt Riclrr. ~ ' ~ ~`71.3'76 _ ~ 1?~~? JU~~ 30 At~ I i~ 12 ~ X. ( - .................................~s~a~~ r:1 ~ i GtiL !~f w~': ~1 J...S ~'H i~ •CO01`IS, , , • •BOr10wlf ! ~ St.IUC~E' C~~N ~ 1 E RCG: R F'GiTr:.fi ~ ~ CI~FKGI%~i~l~ C~.:~i ~ .~d~x~ ~ s."~~6,"-' _ ...KII`'I~I+I~ ~.'d~1Vb . ......................($t~~) ~ ti 8orrowet 's - - 1 . ............................................................................(Seal) ~ , •80trOwet ~ ' ~~j ~'''j~' (S+gn On~ina/ On/v) BOOR ~