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<br />90-- J.06533
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<br />1226
<br />if Lender required mortgage insurance as a condition of making the I-aw secured by this Security In-
<br />tl•ie insurance? tcreffm untilsuch time as a requirement for
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<br />strument. Borrower shall pay the premiums required to nmintain
<br />irisrsrance termittatrs in accordance with llurruwcr's and Lender's vvriuen aa;rement or applicable taw-
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<br />ttix
<br />a Enspmion. Treader or its agent may make reasonable entries upon and inspections of the Property. Lender shall
<br />give botrower notice at the time of or prior hi an inspection specifying reasonable cause for the inspection
<br />for damages, direct or consequential, in connection with any
<br />9. Condemnation. The proceeds of any award ur claim
<br />condemnat ion or tither taking of any part of the pruperty.or for conveyance to lieu of condemnation. are hereby assigned and
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<br />shall he paid to Lender.
<br />In the event of a total taking of the property, the prtictrds shall he applied to the gums secured by this Security
<br />Instrument, whether or not then due, with any excess paid it) Borrower. In the event of a partial taking of the Property, unless
<br />by ticcuruy Instrument shall be reduced by the.unuunt
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<br />Burrower and Lender otherwise agree in writing, the sums securcvl this
<br />of the multiplied by the following fraction: tat the total amount of the sums secured imnlethately before taking,
<br />;`:.' <
<br />proceeds
<br />divided by ib) the fair market value of the Property immediately before the taking. Any balance shall be paid to Borrower
<br />by Borrower, or if, after notice by lender it) Burruwer that the cundenmuroflets it, make
<br />••
<br />If the property tuperty is abandoned
<br />an award or settle a claim fur damages, Borrower fails to respond to!.ender within iodays after the date the notice is given,
<br />tit repair of the Property tit co the
<br />Lender is authorized to collect and apply the proceeds, at its option, either tit restoration
<br />sutras secured by this Security instrument, whether tut not then due.
<br />Unless Lender and Burrower otherwise agree in writing, any application of proceeds to principal shall not extender
<br />postpone the due date of the munthly payments referred to in paragraphs 1 and 3 or change the amount of such payments.
<br />Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or
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<br />10. Borrower
<br />modification of amort izatiun of the sums secured by this Security Instrument granted by !:ender to any successor in interest of
<br />Burrower Borrower's successors in interest. Lender shall
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<br />[kit ower shall not operate to release the 1 iit biIity of the original or
<br />not he rectuired to commence procLedi ngs against any successor in interest or refuse to extend fline for payment orotherwise
<br />modify amortjMlion of the sums secured by this. Seeirriiy Instrument by reason of any demand rn;ude by the original Burrower
<br />ir) any right or remedy shall not be a waiver of or
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<br />oc B©rrovicer•s successors in interest. Any forbeamnCe by. Lender exercisinw
<br />ptndu3e the exercise of any right or remedy.
<br />l> and Assigns Bound; joiac i�u i3 S+ Kerb[ Liability; Co- signers. The covenants and agrtKemeaatsof this
<br />.Successors
<br />Security Instrument shall bind and benefit the suc4tr�tiors and: assigns of Lender and Borrower, subject ro nc� pr�srisi tr>sarti
<br />and agreement :* vliall be 1wu)r and several. Any Burrower who cu- sign -th' iecurit}
<br />paragraph 17. Borrower's covenants
<br />Instrument but does nov execute tile Nore:tariso: -sigil-ing this Se6irfty Inserurbo: tit only it) mortgage, grant amd tZhaot
<br />Instrument; (b) is not obligated ca pay the
<br />Borrower's interest in the Property under the rearsuf this Security personally
<br />sums secured by this Security Instrumenr, and c c) agrees that Lender and any of her Borrower may agreeto eaten!, rroJith-.
<br />fame tic make any ;rrromnuidatnrrts wi.Clt retard to the rerrni, cif this Security Instrument ter the Note without that
<br />Borrower's consent.
<br />L'L Loan Charges. If the loan secured by rb:r5. Seoiri.r+ 67�" rument is subject to a law which sets maximum roan
<br />[
<br />elT,tct^4a. and that law is finally interpreted so that ra=ther loan charges collected ur'tu be collected ill connection
<br />'r,ian shall be reduced by the amount ncK sSarg. :� reduce
<br />F
<br />xv iffi.r:lie loan exceed the permitted limits, then: rat a.l,._ �a = charge
<br />die tarry the permitted limit; and (b) any sums al. ova; ycullectedfrum Borrower which exceeded permitt >:-d.liis,nitsw;illbe
<br />,to
<br />re[ur,..uLJr, 5orrower. Lender may choose to make this refund by reducing the principal owed under the Noti: or icy;nakir�ga
<br />will be treated as it partial prepaymGhl :mss: ouz.aetti
<br />fy 31t- ccun,ent to Borrower. if a refund reduces principal, the reduction
<br />'prepayment charge under the Note.
<br />13. Legislation Affecting Lender's Rights. If enactment or expiration of applicable laws has the cffc .,> _: tdering
<br />any provision of the Note or this Security Instrument unenforceable according f its terms. Lender, at its aptv_iz ; vreQuire
<br />Instrument may invoke any rem(Min!-•s ,;4.t red by
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<br />d b • this Secutrir and
<br />immediate payment in full of all sums secure y Y y
<br />19. If Lender exercises this option, Lender shall takeuT,ateps specified in the second.I?aragraptt riltr,irsd�ap'a ,'.
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<br />paragraph
<br />14. Notices. Any notice to Borrower provided for mi. &,A:. Security instrument shall be f;iven by- dltliS!rsritas :r. ar
<br />The notice shall be di reo Lit nsiii
<br />mailing it by first class mail unless applicable lau: rc-+zuirc-s use-of _..other method.
<br />Address or any other address Burrower des ignurerfVt: i7orica. n),i to-rider. Any not ice to Lender shall be given I: A Asa; doss mail
<br />to Lender's address stated herein or any-orher :r. "ire - C.cadio-.J^ Gnates by not ice to Borrower. Any norici hnc,03zJ for in
<br />this Security Instrument shall bedeemed•roha%,ebe- -u-90.- eni) jA zr- rrwerorLenderwhengivenaspruvidedinr h. :c; `ra caph
<br />15. Governing Law; Severabilit:y Th iy. �vci3a it1 Lr sX,,.4,'ra shall be governed by federal law and six Saw• of the
<br />jurisdiction inw •hichthePropertyislucatedAnyli•. etc` n): dniciv,,' 1, rovisionor clause of this Security lnstrum ncOrtltetiute
<br />Instrument or the Note which can
<br />conflicts with applicable law, such conflict shallru si erai :cle FcclvisionsofthisSecurity
<br />be given effect without the conflicting provision.'T'rb this ea3 the provisions of this Security-histcumertr. and the Note are
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<br />declared to be severable.
<br />16. Borrower's Copy. 1h)rrower shall be given one conformed copy of the Note and of this Security Instrument.
<br />17. Transfer of the Property or a Beneficial Interest in Borrower. If all r+r any part .If the Property e1r arly
<br />in Horniwer is sold tit transferred and Borrower is nut a natural
<br />interest in it is sold or transferred our if a beneficial interest
<br />without Lender's prior written consent, lender may, at its option, rtquire immediate payment in full of all sums
<br />person)
<br />secured by this Security instrutnent. However, this option shall not be exercised by Lender if exercise is prohibited by federal
<br />law as of the date of this Security Instrument.
<br />If Lender exercises this option, lender shall give Burrower notice of atccleration The notice shall provide a period of
<br />not less than ;Odays from the date the notice is delivered or mailed within which Borroacr must pay all sums secured by this
<br />Security Instrument. If Burrower fads it) pay these sums prior to the expiration of this petieid. lender may invoke any
<br />remedies permitted by this Security Instrument without further notice or demand nn 0orrower.
<br />18. Borrower's Right to Reinstate. If Borrower meets certain conditions. Borrower shall have the right to have
<br />enforcement of this Security instrument discOntanued at any time prior to the earlier of: rat i days fur such other period as
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<br />applicable law may specify for reinstatement . x°otesaleof the Property pursuant loan) pnewrr of sale contained inthisSe-
<br />instrument. Those coz5hions are b3c Buttoner: ear
<br />curity Instrument; or Ibt entry of a j -6, -r c . ^t We¢iag this Sec�anty
<br />pays Lender all sums which then would -be due un d: rthisSecuricy Instrument andthe Note had noacce..tanomo:(r%i c� :obi
<br />cures any default of any other convenants or agreements. sc a M— 11 expenses incurred i n enforcing this -SecuTky 5cas. CM17caent,
<br />including, but not limited to, reasonable attorneys' fees: and QD takes such action as Lender mac reasunab:r req Aute Cn as-
<br />sure that the lien of this Security Instrument, lender's rights in the Property and Hotrowei s obligation u) pay the sums
<br />secured by this Security instrument shall continue unchanged Upon reinstatement by Burrower. this Security Instrument
<br />and the obligations secured hereby shall remain fully effective as if no acceleration had tKturred However, this right to
<br />reinstate shall not apply in the case of acceleration under paragraphs I i tit 17.
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