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89102242
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89102242
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Last modified
10/19/2011 11:46:44 PM
Creation date
10/20/2005 9:30:42 PM
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DEEDS
Inst Number
89102242
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y_.i_ <br />89-- -10224 9 <br />If Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument. <br />Borrower shall pay the premiums required to maintain the insurance in etrect until such time as the requirement for the <br />insurance terminates in accordan; a vstth Borrower's and Lender's written agreement or applicable law. <br />A. Iaspeeam. Lender at tic agent may make reasonable entries upon and inspections of the Property. Lender <br />shall give Bozrower notice at attic citric of or prior to an inspection specifying reasonable cause for the inspection. <br />9 Cowie eatim. 7h* proceeds of any award or claim for damages, direct or consequential. in connection with <br />any condernnsUm or other ta4ilng of any part of the Property, or for conveyance in lieu of condemnation, are hereby <br />assigned and shall be paid to} Lrrsder. <br />In the event of a fatal taking of the Property, the proceeds sbaD be applied to the sums secured by this Security <br />Instrument, whetlser or not them due, with any excess paid to Borrower. In the event of a partial taking of t11w Property. <br />unless Borrower and l.eitdet otherwise agree in writing, the sums secured by this Security Instrument shell bereduced by <br />the amount of the proweds multiplied by the following fraction: (a) the total amount of tip swas semwed i mmediatdiy <br />before the taking, divided.by (b) the fair market value of the Property immediately before thi 4king. Any h9ance shall be <br />paid taBorrower. <br />If the Propertp,is abandoned by Borrower, or if, after notice by Lender tai. i"sarrower that the condemnor offers m. <br />matte an awed orsettle a claim For damages, Borrower fails to respond to L=d- r i'sin 30 days after the date the notice is <br />giver.. Lender u auti7orited to collect and apply the proceeds. at itr; option. either is sastoration or repair of the Property or' <br />tothe sums secured by t1;'Security Instrument, whether or not then due <br />Unless Ludes at d Dosrower otherwise agree in writing, any application .efp-y-ceeds to principal shall not extend or <br />postpone the dtae ditz of4lte anrathly payments referred to in paragraphs 1 and 2, or, se the amount of such payments. <br />10. Bomwer blot Reksei; Forbearance By Lender Not a Waiver. the time for payment or <br />rzodification of amortization of the sums secured by this Security Instrument grantai -12T Lender to any successor in <br />i2ttrest of Bomwer shall not operate to release the liability of the original Borrower or Boer's successors in interest. <br />L.er4er shall not be required to commence proceedings against any successor in interest or refuse to extend time for <br />paymre. cz. othavvise modify amortization of the sutras sa -mred by this Security Instrument by reason ofarsi demand made <br />by Etc otiaiitab Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising zr: sift or remedy <br />shalt rot lie a waiver of or preclude the exercise of any right ri>= remedy. <br />11. Sticon=m sail Asigas Boni; Joist and Several Liability. Co- signers. The oovenants and agxeecnermi ui <br />
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