HomeMy WebLinkAbout0328 j r 1'~ C 1_~~1 .
bo '
, ~
~
7
9 CMNw~rM. 1he pra~eds d ~ny ~wud a tqm for d~m~pes, d'uett a cOnsequential, in toonection wilh any condemnation or other ukMp ot the Droperh, a p~rt
tMhof. a ta conwyonce ~n Neu M caWMnMtqn, are 1?x~by ~sspned and sh~u De p~id ro lerMer
In 1M wrnt ol ~ tot~l takMp ol tM PropKry, tAe praeeds sl?~R Oe spplied ro the sums sxurod Dy tAis Matpaqe, wilh Ihe acess. it any p~ld b Barowe~ In the evsnt ot ~
pirthl ukMq ot ihe PropKq, unNss 8arowK ~n0 lenM~ otM~wfse ~qree in writMp, lhen shall be ~pplieA b the sums secured by Ihis Matq~qe sutA praporibn ol t~e pro-
ceeds ~s is pwl to IA~t proportion whkA tAe ~inount ot tM sums s~CUrod by thls I~ortq~qe immed~ley pripr to IM dite ot ykinp De~rs to ihe t~ir m~rk~t r~lue of tfie Prop-
eriy knm~diihly p~ior t0 Me dste d takinq, with tM DalirKe 01 the procebs Dald b Botrower.
It IM PropKty ts ~Wndawd by 9arower, or it, alter nohce Dy le~~r to BarowK th~t t~e coodemna o11en to make m~w~rd or settle ~ c~Mn la d~rtaQas. Barowsr 1~ils to
respond to lerMer wlMin JO C~ys ~tte~ tne d~te suc~ not~ce a m~+ied, Lender is ~ut~aiie0 to colkct md ~pph the proceeds. al L~nAer's option. either to restaatbn a
rep~ir d the PropeAy a to tne sums secured by this Mort~ape
Unless llnder in0 8orrovrer oMerw~se aqree in writlnq. any such appacat~on ot praeeAs to pnncipal shall nW exten0 or pustpone Ihe eue daM of Ihe monthh lnstaNments ol
printipil and ~ntltESi pay~ble ur?Cer the Nae a tM1anqe the amounl ot sutA mstallments
9 l~rnrK MM IINatN. ~tension ot tAe time fa payment a moditit~lion ol ~naliz~tlon ot Me sums secured br tAis Mortpaye pqnled bJr lend~r to m~ sutussa m in~
terost ot Borrower s1uN nd opeqb to release, m any m~nner, tne IyDility ot Ihe orpin~l8arower and Barower's successas in inhrest lenCer sA~q nd M repukeC to com
mence proceeCinqs ~Qamst such suttessor a retuse to extend time ta p~yment a otherwne madiiy ~mort~tation of Ihe sums s~cured Dy this Mortq~p~ by rq~n of ~nr de-
n~n0 ma0e by ihe oripmal Sorrower and Borrower's successas en inN~st.
~ 0 F~f~a w L~ NM ~ w~IrK. Any taebearance Dy Lender ~n exerca~nq ~ny rqht a remeAy under thn Morty~qe a the Note ~t secures. a anerwa~ ~ftaCeO ~y ap~
pNC~~1e yw, s~aR not be a w~~ver ot or proclude the exercise ot my sucn rqnt a remedy
i~ Sr~~n ~M Atiy~s ~w~d; JM~t ~~d S~tl l~e~ CqtiMa. The tovenants and ~preements in Mn Matq~qe sIUIlOind, md tha rq~ts hereurnl~r slull inure Io tne ~
respectnre successas ~nd assgns ot terWer and Barowe~, suD~ect to the provisqns o1 PanqqpA t5 hereof AN coverunls and ~preements ot Barowe~ s?WN be p~ni ane ~
several T~e captans and heaCmQs ol pa~aqrapt~s o1 tha Matgaqe are fa conven~ence only and are no1 to be useA to inlapret a define tl?e prornions hereot
< Netit~ Except wnen reqwred by law to De given in another rt?anner, any not~te to Barower provbed la m mis MortQ~qe sA~ll be gnln O~r m~ll~rq sucn notK~ Dy INSt cqss
~^a ~ aaa~essea to Borrower at tne Propeny aQCress or a~ such otNe~ address as Barower may despn~te Oy ndKe to LenAe~, and ~ny nd~ce to Lender sn~u ps anen Dy hrst
c~ass ma~i to ienders address stated n~ em a to such other addross as lender rrqy despn~te bp notKe to Barower oo~Ke wwaea mn Mon~qe sn~~i w
aeemed to nave been gnen to Barower a LertGer wnen gnen m t~e manner desgn~teA herem
! 3 6wsrainq ln: Ew~011tr. Tne stata ana bcal I~ws appllcabb to tnn Matqage slun be Ihe laws ot the ~ur~sdKtan m wDK~ tAe Propertp a bcate0 T~e Ioreqomq senlence
snau not I~mA the appwabd~ty ot Fedenl law to tnn MortQ~qe In the evem Ih~t any Dror~san a cyuse ot I~n ~IatQ~9e a tAe Nde conNKts w~ln ~ppbcabN ~w, sucA con-
fllct shall not alteci otREr prov~sans ot M~s Mortqage a tAe Note wnKh can be qrven effect w~!AOUt the conllkUny prwnan. an0 to Ihn en0lhe p~ovnbns ot the Matpiqe
anA tAe Note are 4ecWred ro De severa~k
~ ~ RNW~htlM lM* A~w~M. Barower sn~u fun~u an ot Barowe~ s obhgatans unOer any nome rehab~~~tatan Mnprovament, rep~u a otner b~n ~qreement whKh Barower
entsrs into wrth lender lender. ~t LenAer s ophon. m~~ requu. Barower to execute md Oehver to ltn0er. ~n a Iortn ucepq0le to lenOer. ~n ~sspnment ot ~n~ rqAts. ~
claims a detenses w~Kn Borrower may luve aqainst pa~t~es wno supply 1aDor. rt?~teryls or serv~ces m tonneclqn with enprovements m~de to the Raqerry ~
~ ~ 5 Tn~si~ M tN R~ry: Ass~w~tlM I~aaiN Inb~»111sN. U au or ~ny pan ot the ProDerry or an ~ete~est Inerem. mclud~nq ~n eQunaDk mteresl. n sold or Ir~nsterred b~
Borrower witROUt lenCer's pnor wrdten consenl. exclu6~ng 1 A) tne creatan o~ a hen or encumb+ance subord~n~ta to ihn Mortq~e other th~n b~ Aq~eMn~nt lor Deed or svn- ~
~ ibr Aevke, (8) IAe cre~tion ot a purcAase money mterest ~a housenol0 ~pplynces. (C) ~ tr~nsler by devKe. descent a Dp oper~lbn ot bw upon tAe de~M ol ~ pMt knmt, a F
; tD) tAe ynnt ol ~ny basef?oId mMrest or tnree ~ 31 years or kss na conuMr~9 an opran to purcn~se LenOer m~Y. ~t len0er~s ophon. osc~re ~tl sums sacurad b~ tnn INat- -
; g~qe ro be immed~atey due an6 pay~bk lenAer sAan have warved sucA optan to accebrate d prqr to tn~ s~k a tr~nslH. LerMer m0 tne person M whom tM Properry ~s
I Sdd Or t~ans!lrceA tEatA aqteamtnl m wrAmg I~t1 th! tt~CA o~ SuC~ pE~SOn ts Salistatbry t0 LEnAer and t~at Ihe mterest p~~~6ie On the sums Sltu?ed by I~K MOrlp~pt
~ st+an be at sucl+ rate as leneer shan request Ba~ower acknowkdges anA ~q~ees that Lender sn~a nave the rgM to ~rxre~se the r~ie o~ ~nterest mc~dem to ~ s~b a tr~nsfer
` d tAe Properry nd e.cluQcd by MK paraqraDh io protat lender aga~nst tne ecooomK nsks assayted wen mortq~ge knd~nq. mcludmq IM rnk ~h~t the cost o1 knd~Dle
! ~unds wilt exceea tne y~eb ~rom exnt~~+g mongage bans ana tnat sna~oh ~K~~9 ~^~~r~st ~ates w~u ieauce suDsuntaih ~?+e va~ue ol e.annq mortp~qe ~ssets An mcre~se ~
f n~e rsro o~ inte.est pursvant ~o tnn pa~sgrapn w,ti no~ e.ceed tne mterost ~~u ~ne~+ preva~~nq o~ comw~awe new roans maae oy ~er+ee~ opW~r~+q es namai ~ersanq sun ;
OarAs 11 lenQer has waiveA t~e option to accekrate provbeA !n tnK par~qr~pn ~nd d BOrrOwM s suCtessor m mtereSl Iqs execulM a writlen ~SSUmpliort iqrMmenl ~c- ~
~ cepkC in w~itMg oy lerreef tends+ sna~~ rekase 8arowe{ trom aN oppgatans undu InK Arlortg~qe arW ?ne Note ~
n ~enaer exerc~ses such oqtan to accekrate le~Aa sh~u ma+~ Borrower a No1Ke o1 Acceler~tqn SutA NotKe Ot ACCEbr~tion SNill St~Ie ~ A~te 0~ wA~t~ 8orrpwer musl pay a
the sun+s QxynA Aue n Barower to~IS to pa~ sucn sums Dy ~ne staiea aa~e lcnder may wr!noul lunher nohce or demand mvoMe ~n~ remeA~eS D~mA1eO Dy pu~~qph 16 ;
~ ot Mis Mortqiqe '
+F ~MiM; ~/In. Excepl as provbM m ~aragraon ~5 0~ tnK Monqage upon Borrower s breacn ot any co+renanl a ~qreement m thn mortq~qe mcludw~p the ~
~ covenants to paq when due any sums secured by this Mengage lender sha~~ ono~ to accek~at~en ma~ Na~ce to Barower seecA~~nq ~~1 Ine Drex~. 1~1 Ine xtan rpurW
to Cur! tAe DraAC~. (n~) 2 date Dy w~Kh suth bre~cl~ musl b! tured. end In11A2t I~dur! lo tur! Suc~ DrlxA pn Or pllore IA! splCdbp d~t! m~~ rfSUtl n~CqWil+On ot tM
~ Sums SeCUreC by ih~s MoAgage. 10~ltbsurt Dy ~udK~a~ p~eceedmg and Sak o~ th! Drpp~rty. ff Ih! OreKh ~s n~t cu~ed o~ or pttor! IAe d~l! fpetdNO m IM NOlit~. LMON. ~t
~ lender's option. may Aeclare aN of Ihe sums secured Dy IhK Monqsge ro be rnmeCnteh due an0 p~y~ok w~roout tur1M+ notKe a OmanO ~n0 m~ ~aaws~ Ma Ma~q~q~ ,
I ~y juAitnl proteeOinq lenQer SAatt De enMkA to coNtct m such proceed~++Q ~~s ~roSI~YS~~h~RL'~~^A~
~ aDstricts an0 tAk repens and reawn~bk anane~r s Rees evcn on appeai ,c tS11L!„tf
t O~t P~~ BAUINC~ DUE UpQ~! (t1dINRRY IS s:3,, ~03 . za .
~ ~4 W1TNE55 WHEREOf ea~~ Ras rhn Mr?qa9e ~•~~;~T~~ W~~ p~~,~~~D INTEREST, ~ ANY, Al~q ALL
i
~ A~l'~AliCEMENTS tV~ADE BY TNE MQRT6A~EE UMD~ J~
~ ~~C^e0 SAakd anC Dei~verea rn tne P•ese~ce c~ j~ ~
,
I /
~ - / ~ > > _ ~ , 1~.~~~~ m~ -
! ' / ~ ~ ~ ` ~ Richard A. Beeman
~ ~ c.~~ ~ ~ _ _
~ ~ - - i,~f ~_'v~--~ " > i ° ~ _ .
t u
~ ~ S~ani~ eeman ~seu
F ~ ~
~ ~u .!AV 22 P ~
I OZ~O~ 32 ~4
s T ~tF Of FL~B@~{ I L I K~ I S. - . . .
cnuNTr oF - - ~~:~X~S4~ CO~k ,~.1; -
The ioreqdnq MoRq~qe was atkn~±+kleCqtG 6!+ore mt !nK ~U t h d~y a~ De c embe t~ t9 89 pY
Richard A. Beeman and Suzar.ne C. Beeman, his wife.
`r _ _ - _ _ - - - -
` ~ / ~ ~ ~
~ ~,j ~f µ ~C el(,CCc ~ . 4 _ ~ -
Nobry Snte ano Cou~r A ~
FAy C ~w
~
~r~~ y
~c~.~.~
e~ yA- ~7~ P~eE 328 ~ ~
s+pRTOA(iE - RNV t4l1 dV~1~
~ i~p
~~~M~L~i~c~`a'~ ~~S-~pry,s~ssr.2"i::~C,~- ~ ri%' "r,e^"~^• _
~z~'~-.~1'~1Sm~'zC.~~ma~iz~sia.s~. a