|
. 9l
<br />a%r
<br />90_10 5 bi 01
<br />If Lends required mortgage Insurance as a cundltion of making the loan secured by this Security Instrument,
<br />1orrower ,hall pay the premium% required ill maintain the insurance in effect until such time a% the requirement for the
<br />imurance terms n te% in accordance with Borrower's and Lender's written agreement or applicable law.
<br />H. Inspection. Lender or ih agent may make reasonable erurie% upon and impections of the Property. Lender
<br />%hull give Harrower notice at the time of or prior to an Inspection specifying reasonahle cause for the inspection.
<br />9. Coademnatlon. The proceeds of any award or glaim for damages. direct or comequenlial. in connection with
<br />any condemnation or tither taking of any part of the Properly, or for conveyance m lieu of condemnation, are hereby
<br />assigned and shall he paid to lender
<br />tin the event of a total taking of the Property, the pr(ceed% %hall hr applied to the,um% secured by this Security
<br />Instrument. whether or not ibert diue• with any excess paid. to Borrower. In the e%eaarl of a partial taking of lihe Property,
<br />unless Borrower and lender otlfrrrAill agree tit writing, the sums secured by Ibis Security Instrument shall he reduced by
<br />the amount of the proeecd% multiplied tity the fiollowing fraction: (a) the total amount d•1:' the ,.Ams secured immediately
<br />before The taking, divided by (bl the fair rnarl%et value of the Property immediately before aloe r,Jx,;1.� Any balance shall he
<br />paid to Borrower.
<br />If the Property I% abandoned by Borrower, or if, slier notice by Lender to Borrower that the condemnor offers to
<br />make an award or settle a claim for damage%. Iiinrower fail, to respond Ili Lender w Ilhtn 10 day, after the date the notice is
<br />given. Lender is authorived la collect and appit. the proceeds. at u% option. either t0 resl oration or repair of the Properly or
<br />tothesums%ccured by this Security Instrument, whetheror not then due.
<br />UnlLm Lender and Borrower otherwise agree in writing, any application of prtceed% to principal shall not extend or
<br />postpone the due date of the monthly pay rent% referred to to paragraphs 1 and 2 or change the amount of such paymenh.
<br />10. Harrower Not Released; Forbearance By Lender Not a Waiver. Extension of the lime for payment or
<br />modification of amorftiahon of the sums secured by this Security In%frumeni granted by Lender tit any successor in
<br />interest of liorrtmer shall nol operate 14) rele.tw the Ilandu% of the original Harrower or Borrower'% successor, tit interest.
<br />Lender shall not he reglured o Commence prtkeedillp% against any successor lit interest or refuse to extend time for
<br />payertew, or otherwl,e modify amormsaoon of the %urm 1+ts ,. -ed by this Sccuril% Imtrument h% reason of am demand made
<br />h% fife . • mul Harrower or Morrow er's utcee„ors tit ulnr: a; \I. Any forhearutce h% 1 ender u► exercising any right or remedy
<br />shall not be al %aner of or preclude t he eserclse of ;im tight .•r rented%
<br />11. Successom and AmIgms Hound; Joint and Several i.lahifity: 0i- signem. I he coeenant% and agreement, if
<br />this Secunt% Instrument %hall hind and heildit fill! ,uccemor, and a%%jen, of 1 ender and Borrower, subject to the pro%tau in,
<br />(if paragraph 17 Horrower',cot err. / nit%: lid: agreement%%h.l ' iN -wint.oid%e%er.0 Vt% liorrimerwhoCo•Slgn% this Security
<br />Instrument but doe, not esecuic the Note Instrument onl% to mortgage. grant and come%
<br />that Borrower', interest nit the PrOperl% under the term, ni ills 1rt ur't . Instillment. Ill t, not pers1116d1% ohligated io pay
<br />file aunts secured by flits Securit) Instrument. and Icl agree, that I en.ler and :tin other Borrower n6q agree to extend.
<br />modify, forbear or male illty :lccol a lolLlnon, wmh regard to the terms 01 tht, Securif% 111,1rurnent or the Vote without
<br />that Borrower's consent
<br />12. lalan ('barges. If the loan %"cured by 1111% %e: urtt% In,ltin)lent 1% suhlct i 111 ,1 I:nt which sets ntaun►un► loan
<br />charlics. and that law is linalli, Interpreted so that the micre,t or -iher loan .hatrc• oillcoed of to he collected tit
<br />Com►e"tldll With rah; !tam eteced the IvrluLxu,,,,; !touts. then III) avu .ach loan charge %hall h,' ieduted h% the .lmouon
<br />—
<br />neCes%aT% lit reduce ,.x charge to the peraa;a;e.I timlt. and 111) .Ins slur .1;YCilt . e011ected front Borrower which exceedee
<br />1
<br />j prr1t11,ted Irma, will he refumttaf a,,, t14+rr,lwer lender man choose i/ 1nJke trios refund h% reducing the principal owed
<br />under tae Noteorh% makinga direct payment to Borrower 11'a refund reduce, prntcip.d. the reduction will he treated a%a
<br />partial prepa%ntent without an% prepaymenl charge under the Vote
<br />13. Legislation Affecting i.enderlv'Right%. If ohloole!1r r expir.mon tat applicable law, ha% the eflcct of
<br />rendennit am% protl,am ol'the tint( 111 this Via: urttt liN runicnl unr1::I1.. e.dole J"C11nlnlg to II, Iernls. I ender. a1 its t,phon.
<br />stay reyutre Immediate pa%nicni in Bill .1f J): %un►s %ecur-!t! h% Ibis tiectirm Imirtunent amts 111.1% 111,oke Ill% remedies
<br />perlrF.wL -J by paragraph ly If Lender eserclses ehh oplrt,a: Lendet %hall take flit- %Ior% specified tit the %"coot. r iragraph of
<br />paral:raph j7.
<br />14. Notices. An% notice to Borr .ttt.e '+rot lded for 111 Ills der., , t imirulnent .hall he green h% deh%eting It ,I ht
<br />1
<br />mailing It h% lint clJs, mail little„ applicIO.,: Lm reyutre% use of ,tit • h.r me-li,xi Ihr u11uce ,hall I+r directed to the
<br />,
<br />Property Address or ant% other address Borrower designates h% 11011"1• I. i endt•r ". 111111ce to I ender alai!( ha green h%
<br />first JiA retail to Leader's addrt;a..tated herein or.on otlr,t•c .idtlroo- 1 alder dcs101..i:'., ht 11011te to HottnU•tr 41t 11011ke
<br />prat idle liar in flit %%erutil% lint, .:-lent shall he deemed I•.• I..Ite heell g••.,;,: 14, Itorro%%er -it I enact w hen goer I'totlded
<br />its thnparagraph
<br />IS. Govcming Law; Seserabilit%. I I.i% set urt:t lo%tivan•nI . -Ili f,c g „%coned ht Irt1.I., '.Iw .Ind 11,c law A I I,kr:•
<br />)uti,d witon In w hith the I /r.•pt.n t\ locatett In the e%vw Irai .int lit 11tlsnal „r , Lv.1,r 111 1111. ,;tulip In% ^rot ,cot 111 t he
<br />�htl' "tlrllhet\ Mill apldl'.1hit 1,111- , ,1141 t 4111111L shall: 1'. 1 el'?%'"1 -1111er 1,11 It 1%111' - 1 , ” 1`111% St•, tit It% I11,t 11. •,'•,I •f 1111• \4 lie
<br />tthll"t1 tan he green ellct:t wth,•ut rL;f• "onfllchng prott.i, c: Io 1111 % end the l,l' % %• • , t Ift . St., aril I!,,ltuolent :utd the
<br />%ofe are decl.lred lit he sv%el.ihie
<br />10. Hurrower'%Copj. iflorr.•ttc► 4 iii tie 1:,•• • Ii,• %I`I.I t 'Irp.• r
<br />17. Transfer of the Proprrt} 111 A Heneticial Inttre%f in Itarresue -r. .. 1,f ,110 Imil , : • V. � . .
<br />rutcre %I lit it N %,fill of for ff.. F-11t r,, !.I1 u,r;•r, "r ft, 14•.1 .. %. I. f ° • 1.111%Icr It'll .tiitl 11111 l. -'.% •• 1 r 1 • .t' I-.1.
<br />lit -Imi l) %%ilhout I ender', litit.r Nrirtett •,1riwry I: f„trT .r1.1v 11 1 ` II,111,It IftlrlledLla 1,.1%II Act II If., t•' r 1•, . , I ,
<br />secured h% Ills 1%ecunt% Insttumcni IL•,.,t.c r -ft!, rr.. I, list It f.lull I'1 1 [.,i,: ft , %t'f,t %t 1% (•t rill' 1. 0
<br />leder.dla%%.o of thedateol'tilt, %"curio lr,.rrltrnetli
<br />-
<br />If lendel esercl,Cstimkipnon.lendel Alallgr.t li,llio%%tl11o11'k. A .1 „clt-l.o,I.11 I', ,.. ,,, ,h All 111,Ittdt.tl•el ,
<br />11811111'„ 116111 lo d. 1%, front file datc tile nottceI %dcll%ClCil •% Ill.ulc,iNllinnw111•.h11,•r1,•µ, nlu ,l1•.11.111,uttt,%,,Ilr,dI••.
<br />thnStVurlt% In,lrunient 11 B11rrowct hnl, to 1,,11 lilt-w,unt, 1,11111 II' flit , .1.11,0„ ;I, a ills 1.111. ,l I , 1 "h r malt 111,, •At slot
<br />reniedte, 1,ctnuttcd 1,% 111% ,Setolln In%trtnncnl wlJh11u1 tattler 11oll,. 1 ,h fn.11f.1 • I1
<br />tit ."orroacr's Right Ito Reinstate. It Hot rower flit ct%,ol.tirl,11ntlltl.•ff,. Ho[ r „tits Of All 11.04 Ili, Il'-h) I..It.m.
<br />enlortenrent 411 flit%,At,c till I% I11stronn•m drs,tatitiulrtl ,,r .al% r11,1, 1.11,•1 f,• the t trh,•f ••t 1 II ^ ,t.l%, t.•7 •,I, if • 111, 1 IItI,, %1 .1,
<br />.1lopltable IJw n►.n sl,ectlt till IC111 t.Ilt'll1t911 A ltt•b11e %.de 111 lit, It',ya,lr% 1,:I(,u.Inl 11, .111, 1.. a, I . t ..III- . , I,f.lttl„t Ill flit,
<br />st -curm III %Irnitiellt -it fill 1.1111% All .1 tlldglnt -All t -Id •1, life 1111% \t', tit lit Ililt A111,1,1,1 I h, ., t .tat,.,t,..tl 111,,11{- •1r.•q• ,
<br />Ia) pat% I coda .Ill ,11111, w lilt It Iliell 1►., Id11 I, ,tilt ,IIIdt'I 1111, ,r, Awl 11101 „Ill, fit t^,; t . \. 1 I• tai 'I•
<br />tsttirrcd, th) ,utc% .►tit 41CI.talt ,,I .111% ,4htr ,I•ttn,titis ,•r .Igtttlilt „t, 1, , 1,.,t .ill • ,1• t-1. . ,.. r't, 1, 1,1,•
<br />%etllritt IImiI ;IIIiciII. ItlthldIitp. hat 11411 ItII111td IA I, AA.N ill 1.1111t .111, 1 n. , . ,,. .nJ tIl I.ti • ,,, I1 ,, t-1• -I, .n I , I If. r n „
<br />reJM,llilhl% feglltic It, .I%%utC Thal the lit-it A iio% Sc%ill tit 111 %1111111, tit I , tf,itI "fit' r, Ili, 1••. t., 11, .r,,: li. 1 • .t• r
<br />11hllg.1u1111 It, 1,.11 the sums wit lilt 111 till% \c, litItt 111,1111111.111 .h.1.1 11fit, I, 'I. h'I "-,I I 1 1, • ,, , ,1
<br />11„llttwcl. lim %t. tit 11% 111%11 111114 111 .Ill,l list- ,II,111',1111111%%t.111.41 h, f, f•, ,h Ill r, n, ,n, 11.1. ft. -. t1 .. -1, II It 1 -. 111 111. f, lt.W
<br />t4tIll ttd liowct -I. 1111% tll'hl It I tt-111N.11101.dl it "I .1111,., All list ..t,• t t.. • 1, r ,,, 11111,,;. r I It I;, It I.. .
<br />=tai
<br />
|