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HomeMy WebLinkAbout2533 . ~ I ~ li Le„d:'r _t•: u ~ , , ,i".~'c' a c;;n :,i~~?n ,i ~ ~ ~ „ , ~ ~ _ ~ Rt~3'n,nia lYIc_ U~n ~,~G:reil by h,, S~°cc~ ~,y (n~t urn~~n Ei~~~'_ . ~r . ~:f ~ (1;3y Illf' ~)f~"1` lt(•,S (~?lji~'.!t.'l1 IU (I-31'1?i3'~Il ~ht' 1{l~li!df'ICt 111 tlf~i'Cl U(?lil SUCh (!fllf? 23S ~hE~' fi'C~UIrE•..`f:f1l f~Jf (h?f' 1(11~:(df1Ct' ~t'If!~~fi.:'t'ti ~~!1 ~ de:~c~rdanCe ~,ti~~Ih Burr~;;.~:r s and Len::~r s w~~lti~n agrec.rr:eni Or a,)~)I~ceUlEr law 8. ~flSp@CllOfl. Lc'tl~i'r p~ i(S 3t~i:~ll n18y ~11~kC fe~S011abIE' @fliriE'S u~~(1 c~fld ~~S{~: C!i0~1> ~_,f thc' Plc~E;i'thy l.i,~nC7cir Sh8'! E-• t3urr~J;,~rf rluliCE' 31 Iht fiil~Et O! Ot ~)i!O~ ll~ ~lfl ~11S~)E'Cli0l1 SOE'Cifyillg fE'~SOf1c3bIB CBUSt' tU! Ihc, if1SE!E'.Cl~Ot1 9. COndemnatiOn. The ~xcceedS c~f any award or C~a;n~ for d:arnages_ ~7~reCt ~r c.~rsequen'.!dl ~n C>_~nn~~~:r:;,n ~v~(h ~3n~ i~ur~Oc„~~,~Fl!~~~.in ur ~)In~r takinl) 8ny~ p~r1 Oi Iht' Pro{;~~rty Or tb~ CUnveyBnCc ~n lieu Of Con~ernnat ~,;n 3rt? hc~s~t5y i,~5~~gni~il a~~Ci;!~;3~~i 1)t' )f1~f! Lf'^:!~?I ~~~t~ ~:~~crrt ~,t ~ iti!~' !.ik:ng tni• i;;;;r~•r1Y ?hr~,~ ~ c:~t'~::; sha'~ hc~ aF~~~l~e':1 tuth~~ ~~„r~~ seC:ured hy th~s J~_.ur!ty Ir;h~,,, ~:,,,t ..t~~_!!~i~r ui [^e~r~ du~ ~.~~ih an~; e?~~,.~~ss ~~3~Q IU tSUrf~~.1~Fi in ihe e~'~ni Ot d par!~3! I~lninl~ uf ihe Prt~;!erly ur~t~~;~ ~iun:,.•:t~r ~in~+. L.tnder u~nr r:~.i~e ag~t~E~ •nnt~nq thi~ s:~!+~S S~~<~.urr?d by ih~s Se::ur~~y in>trur~~~~n! tih~~~l bt rE~duCt d by it7t ~~r~u ."~~f ihe {r~;C~'c~~?5 u-:~~~~~i'C1 by thf ~u!I.j~~~nL `~~C:?~~un ~ 3) th~~ tt~?ai c~!•:vuni U! ihe Sur~S SECUrE'a i~nr•,£'i7~atE'h~ bF~fCrc'IhC;c3hini~ U v;1~~d by !h'. th~° ~;7~~r nar~,~t va~u~~ of the Pru{;~~rly ;rnrr~~E~y~~;i~!y br~t~~•~~ lhe ?ahing Any ba!~nCe sh~ll be p~licl ti~ f3~>rrp~,r:er I~IE? GIJ~)E.'~O• S clh8!1(10f!CC1 by BU!fl~tiVE'l. Ot I~. 8}IE,'f (101!CC by ~f3!ldE.'f l`J BO.'IU:YE'l [h8! fhE.' COl1C~Prt!flU! Ci!ft'.IS iU f!id«.f.' ;_:.,3~,! sc~itle a cl,~;'~~ t~~r qan~~ages Borro~ver fa~IS (o respond to L~:n yt:r tti~ih~n 3C1 c1~~ys altei the date thc_ nUhce !s g,ven Leneiei ~S ~ au!i~~~•~; tG ~a,!I~CI and apply ,h~ pfoCeedS ei ~iS OG~?~~n. e~lhtrr'o rest~~af!„n Of ~ep2~f Of lr~e P!0(ief(}' Or 10 !he ;i~~!~S SeCU~ed by ?n~s S~:; unty In;,rurn.~nt wsh~ther or nu! theri due UN~ss ~endc:r and 8orro•.tier uihenv~se ~uree m:vrt,^0 any e{,~pl~c~t~~;;r of pri:ce~.ds ?O prmC~,^,al Shail n:,l c~xten;l . ;,~,';,i;n~ the due date ~f ihe niorthty ;r3yrr;ents reterred io ~n paragr_aphs 1 and 2 to chanye the emoun! i~t such payn~enr; 10. Borrower Not Released; Fdrbearance By Lender Not a Waiver. E x?c~n,~on of t he t;rne ?o~ paymc~n! o~ c~od;!;cat ~,n arr;~~rt.zat~o~ ~:~f ~he Su~ns SeCUred by th;s SeCUnty Inst; un~eni yranted by Lende' to any „icces;or :n,n?ere5t ot B~xro:•,ei Shai; not ,~;trrate to rc;ease th~ I~ah~l!ty ot ine onq~na~ Bcrrotitier or Borrower s successor~ ~n ~rterest Lender shali not be requ~rc~d Ci)R1fT1E'fiCC' {7fOCC@~~'lgS BC~d!fiSi 8fly SUCCCSSOI I/1 ItlfE1lt'.Sf Of Pe1USE.'fOE1XiE?f1C'~lIfT1E.'±Of ~~~yll?~B(lt OI Olhc,f`NiSE'!110C1~~~y 8•rlO!t~Z~32~0(1Jf ~he surr.s ~ecured by th~s Secur~ty lnstr~.,ment by reason of any de~nand made by th~~ o!~qmal Borrower or Qo~r~wer s successor; ~n ~~,ter~st Any furbearance by Ler,dc~r ~~n c~xerc~s!ng any ~~gh! oi rernedy sha!! not be a.y~a~ver of or pre~ ludethe exerc~se of any r,ght ~~r r en`edY 11. &uccessors and Assigns Bound; Joint and Several Liability; Co-signers. The cove~,ants and aureen,e~~ts ot th s , Secu~~ty Ins!r;:rr~en; shal! bmd and ber,ei~t tne successcrs and assyns of Lender an;: Bo~ro~~~er s~ib;ec! tu the ~~!ov~s~ors ~~f ~ ;~araq~ac~h 17 8~7;ro:•:er S covenants anci a~:;rE~e~~~ent~ Shal; be ;Cin? anci Seve~a~ ~~y Borro:ti•Cr wh~ Co-s:gnS ih~~ SeCUr:!~,- i ; i~~,~r~,~rf~r,t bu' di;es not ~~xecute the Note ia~ ~s cu-s;gn~ng th~s Secun?y !ns?rumen; only tc> rnc,-te:age gran± and corn~~e; ?ha? Borro~v~~r s!nleres? in the Pro,~erty undei the terms Cf Ih~s SeCUr~ty Insir~rnen! ib~ is no? persona'iy oG!igated to pe}~ the surr•S ~ SE~cured by tt~~~s Secunty !ns!rumen! and ici agrees that Lender and a~y o!her Bcrro~.ver rnay agree to ex?end rnc;d~fy torbea~ or ~ ~ ~;3k(' ;~l1~~ BCCJ'1"' O'7~ 1 C.n,S .'.i!h IE.'C~<9~C: ?O ~h£' 1PIf"S Of 'fll$ S~:C_;f ' 'f1C1!Uf~lerl? 0' ~hf,' hi01t ':d~lh0::1 ~h8~ ~i~~~U~:af'~ ~ CUf'S~~,nt ~2. L08~1 Ct18f925. I! !hC i08n ~E_'CUrE'.C by f~n!S SE:Cur~?y ~n5rrurpE rlt iS Sub;~'Ci 'U c~ 18:~: ;:h~Ch Sf.''S r~~~x~ltt;~~t1 !~~~n Chc~Igt'~ ~3"'! Ih~]1 18'.: ~~!rl~~.iy i!11B(~Yf.'1E.'C~ 50?h2~ 1f1~' I(?',C!CS! C( U(hE'~ Iii2(? ::f'i3fgE?S CU~iCC~E3~ ii~?i: ~JE' CJ;!t.CiLC1 Itl C~~,•11?c^.C!!i.ll'~:;?h (hF~ IOc7!1 .•x~;:-~~~~;i the n~~rr~~~ tted ~~r.•,~ts tr,en ~ ai ary ;ucn ~ua~ cnarge shai~ be reCi;ced by the arn~.~;;n! necessary ie r~duce the charGe~othe ' ?r~:~ !,-~~,r ~n~i ~ h~ ~m~ ;~rns a~r ~~ahy co!lecte:~ frUrn Bo~rc:•ier ~vhich exCeeded {~erm;tted I~m,ts be refunpc;d'o Borr;>~:~.c r ~ ~ l ,,•r,.c3VChJUSF'?'~!"~ri~;^~It:'f~~~l.jbyrE'C~UC~RC)if`,E'i?(I!1C1~!81U:'rC~Uf10E.'(1h@NOl@0!~VIT1d4ilf'g2~~f@C'.IiB~'!i1P!?'tOBU'l0'.':t?f {f ~ ~ ~•,`:.;~1C7 !t~~:;;~:C'. [~r'?Cil~gl ?hE' 'E'd.~Ct',)n '.':il! bc' ''E~c::E'd 3 ~id~!i21 p~C'(JdyFTI@~t 4tii!h0U1 c~fly I:fepc~yr?1Cf12 CY?~fqC li~(::?~ !hc? N~~iC j 13. Legislation Af~ecting Lender's Rights. If enactment or exp~rat~on d applicat~le ;aws has the eifect of rer.denng prans~ons respect~ng ! ;ne repayment terms. m!erest ad~u~ments, or transfer a property under the NotP or this Secunty Instrument unenforceable accord~ng to ~ts , i ?erms. Lender , at its opt~on, may require Borrower to modify the repayment terms, mterest ad~ustment terms, or transier d property prowsion{s). ' i as apphcable, a' the Note ar~d/or the Secunty In~trument. The new term(s) shaA not mcrease the Note ~nterest rate to a rate grea;er than , the rate Lender would ha~~e offered Borra~rer on the date of the Note for a 30-year fixed rate loan in the same or~g~nai prmc~pai amount as the Note. j If Lender exerases ihis opt~on, Lender shali g~ve not~ce to Borrower, specify~ng: (a) the aci~on required to mod~fy the appGcabie term(s) ~ oi the Note a~d the Securrty Instrument; (b) a date, not less than 90 days from the date the notice is given to Barower, by wh~ch the modrf~cabon ' mus? be completeci; and (c) that fadure to complete the mod~f~caiion on or betore the date specified m the notice may re~uit m ar.,celeraGon ' of the sums secured by the Secur~ty Ir~strument. If Borrower (a,ls to take the acUon required to effect the modif~cation ~nri?hm the specrfied i.me. Lender may ~rn~oke any remed~es perm~tted by the Secunty instrument wdhout fuRher not~ce to or dema^d on Borrower. i ~ ~ ~4. NOfIC2S. ~{n ~ t ~ f~ r, rti~ ~ 5h~~~i hF~ ~~,~fE'~ b'y' CjE'~i:e.fl'1~ li ~J R'E3, . i! ~l'u.~GE U B7r J ~ .'F•ci )r ~ s S 'C~.n ~,,i ,r-•t •,F, , V ;~C o ~ $t ~,~c! L~dSc rT~d~~ Uf1~f'~S c3 ~DI:Cnb~~' E' t~.t~rE?~, t:~E' Of ~"~.~the• ~rhOG~ ThE.'rlii!iCE' S^c~~~ !u' d;1tC1E'(7 ~i; f!1•" ~';CCF'fI~ 11G~i7'~SS G( 8,1 ~ ; f BdG~~E'Sc BO!f0'..'E.'! dCS~C'latE'S by ^O?iCE't0 L"nde' An}' n01i!.@ IO Lc~.n~;c~~ Sh~311 hF',,.vr~n by }i~S! C~aSS'T?~iitOLE_','t.~E'f S~C:C~ E?SS ~ ,.~~~E~d hE•~~ or a~y o?he~ a~ld~ess Lc~nder des~~;nat~~s b,~ ^ohcc Borro~.tie~ Any n;, ve cror ~;ed':~! th~~s S~cur~ty l~str~, neei ' C". C:r'~'(TiPCj'G hBVC' bPF?!1 ~ r, F?~ ;~,h r r~ ( ~ ~ c en to Bo. o:~rer c L•a. d_ ~ en g~ven as ov~de~i h s parag~aph r 15. Governing Law; Severability_ Trns Sec~.,r~ry in~-.trurne~~~t s~~al~ be goverr,ed by fede~a" ia:: and the ~a~rr of the ~ ~:!~~~7~~:?';Jrl~n;";h;Cht^~'PfO~~c~i'y~S~C'C11~'C~iflihF'E':'n^'Th8'.8f1~jC~!OVtSi0110!:'BUSE.'01?htSSE'CUfily~fiShURlf_"~~Ollhf?NC(EPCOnii:C~c ~ ; ih UI'. .'~7'f' ~~3". i:iCf' Ciiflf Ci 5nall flr;t af(F'rt O!~n.I ~;fOV S.^,(?S Cf th~s Secur~?y i^S~'UfPC!11 OI th,F? (~1J~C' Y:~ Ch CBfI bCg~VEJ!1 nttpCt ~ , ll~? ?"C- C~)('f!~Ct~~(j ~;'G'J~S Cf~ TC fh~S Cnd ihE' (!fOV~5~0'1S Of th~S SBCU~ I~15lfU"'P'lt 8nd ih@ NOt(.' 2lE dEC 8fC'd t0 bP SE'VE'f8b!~' x 16. Borrawer's Copy. B:-r~;,~rer ~na;; be g~~~~e~ one cenfonred coG~y o' 'he Note and of th~s Securrty i~.stn,ment g 17. Transfer of the Property or a Beneficial Interest in 8orower. if ail or any ua~r of t~,~ P~o~~erty or any ~rteres? ;n ~s ~ ~v ~r~~•ef~,•fTd 1~ u rf 2 be^E't~,^~;~I miE~fE'St ~It BOI~C:r~r ;S SO!d 0~ t~8~5ferrnd ~~d BOt~ ~~:'r~r i5 -^.O! 2 n8?U'2) t'B~SOfII aV~;'hCiit Le~~dP~~S ' i „ ~.t r ~.cnnt ~~n n• , ~ ' - - . 'F' L ~ 'c3y ~3' ~.S . ~f;••, rr, ~~u7Fr • •i; i Jii _ 'J ty ii~ 5 J::LUt. y itiS'fUit~E:!i~ ~ :r.c' :Id' t.., d~_ ,O"'J ~C'C,Ui ~ i i ~i~ ,,vr;• •;=S ~1t.r~:~n S^d' f~~' e:~~r~.~rd U;: LPr~d~'r c~xn!C~SE i5 !>!Ohibi~f,'d by fCdG'~I 18:': 8S Of fhC d3?e Of lh!S SCCU!ify ~ ~ •,.nnt ~~.^C~r Cx~i~r~:SCS "~~~~S r~;~?.ti~' LE~~hCr ^,n~~,~ C~vEr BOrr(;~:':e~ nr~?iCC Of BCCn!Cie3liun Th~ n0l~~C~' Sh~~~ Cf0'didC 3 f)~r,Od Of ~C~i •~~s'~an 30 days'rc~,,,hn ~~r~ r~, rchc~~ s d~~~,.~,~ed r a~'~~~d :~;~th~n ~,tih~Ch Borrer:er must nay aU susn~ Sec.ured by'hFs SE:~CUr?y ~ ~~„~r•~;r„E?ni If ~C'~U~l:CI }Bi;S IO I'~~iv ihf?SF- SU"'a Firlr~f 101hn ExI)!'3!tOfl Of Ihi~ pC/~Od LCf1C~Pf I?~:3y iISVOkE 2lly~ IE'^~C.`~I@S F;c:f(Ti~';IE.'G~ h'~ s SeC~ir~t~, ~nsiru'T~ent :.i~hr)i;t t~,r~ner r,Ut~Ce c! de^~an~1 on BOnC.:~e! 18. Borrower's Right to Reinstate. B~,~~o„er :r.eets ~er+,a~.n cond~t.ons Barro~r.er sra•~ ~a~~~e tne ~~gnt to hav~ ~~.E'ti?E'!1! Gf ?h!S S~'CU'ity lncr.~.n,r.~~ d Sr t)^ c7; ?.~~y '?E'ti!i; ir tOthE E'B~I~C~ (;f ! 21 ~5 dc~`/5 IG' SI;Ch 7?h~~ i)~'ri0(J 25 8F)O'•Cab'F' ~ ~3:, c3'~ SOPC'~~ f0! f(?I!lSla~E.'rTlf,/1(1 ~Jr1tOrF' cc~!F? O~ t`1F PfGI;~;ft`f GUfSil811f ~O c9!ly/ ?O.i'E3( Of SB~E' COflr~'f5ed ifl ~k'iS .SE.'GU!'?y If1S1~Uf?1P'If n ~ ~,Cj ~'Orf.~ 0~ 2 u ;y •,r,~~ ~.,~f.;~'( ;h:S 5~;~.;!,fy ;,'l~rr~"t~~' ThGSC CCnd~?i0~~ 2rE (h~' B~rrr):•:~~ !~i ;;ayS l_enC~F?~ 2~~~~ SiirnS ::h',r:h, :.C^ :.(~U~G DC' Cj.i~.' tif'~j•.r .S''Cl.~ i~ ir?c~rl~r••,~,n~ ~.^.Cj Ih~~ ~lU'C' h2C~ f10 2CCGi8~?~!0f1 GCCUI!F~C: ~bl CU'CS 2fl'~ 7E'fau i Uf a~ly 0?hE;! d^ _ C'• c , :,a~'s a~„~ t~I;•~~',~~5 ~~CUrred ~C Fr:fpr^ng fh~S SeCUr;?y In ;r , r ' ;y ~ , ~~y i s u~ i~n, irCiud~f but ru~ ic.d i0 ~ R ~75 ~E 2533 : ~ ~ . ~ aoo~ ~ k _ _ ~ ~ . ' ti <,~.xi~'~~^~"~.',~~~~,~"~,'s~ ~~ax~..~a_~~-a~'"c.~`e~e~'~.;._~ -