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<br />89-1; 105328
<br />�f: - ttenrtrtoe u a condition of making the loan secured by this Security Instruments-
<br />to tnaiatmn the insurance in effect until such
<br />time as the requirement for the
<br />imurasaa _'s rind Lender's written agreement or applicable taw.
<br />My
<br />rnakc iaaoaa -6 t> entriex tipon aedinspec ions of the Yreperty. �i.arder --
<br />stroll Ilive gormwe r notice u the time of or prior.to an inspection specifying reasonable cause for the inspection.
<br />The_proc�cds of any aw=ard or claim for damages, direct or consequential in centtection with
<br />,Qy ,a other taking of any part of the Property, or for conveyance in lieu of condtltt t;,me'hereby
<br />awigwd sn4t'be Paid to Larder.
<br />Irt pplied to the sums secured die o0t, of a total taking of the Property, the prgceeds shall be a >;y a?yi Security
<br />Instruarent, Whether or not then dm with any excess paid to Borrower. In the event of a partial taking of the Property,
<br />tr ko Borrower art tinder otherwiwagroe in.writing. the sums secured by this Security Instrument sha116e: reduced by
<br />;he staatnt of the piireseds multiplied by the following fraction: (a) the total amount of the suits secured immediately
<br />i. before the taping, divided by (b) the fair mark t'value of the Property immediately before the ta1►ittg: Any balance shall be
<br />f } paidtonotrower.
<br />*1e Property is a 8grrpjrreq or if, notice 1#t Lender to Het tiawsr that the condemnor esReas to
<br />irdor' rec)asax>i (i'l '; rts#bM+erf r ; lv. dervr;, 304V14'erthedatethenoticeis:
<br />oe r of the Pro ore
<br />di+s[i�,�,yyt# ,`d tolaa= '.?:}fi�t nos ouv?;1?hcr tp;lr:ct. �rsai percy.
<br />.tttL7f 7711 Sec>�ctii. lit -
<br />L lipam Leader and Bort mer im}rett► tee tar v►ri�titt xn)► a icatlMr c 1'' xct 1 Mend cot ' `,''
<br />Mw due date of the mo1.+�1zYy palms �fetnxl t~ +j�e �ar*gW 1 and 2 of i nge thci,=
<br />pas
<br />i 'plot li.Rrairer. Extension o0 ;tom �a ;p �l1 ¢aiz`rte
<br />hawse Not Rd""* Fire By'.
<br />m xiian of amortization of the sums secured by this Security Instrument granted by LetrrSr 'to any wqa(
<br />interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's success is im interest.
<br />j Under shall not be required to commence proceedings against any successor in interest or refuse to exhind time for
<br />payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand-made
<br />by the ori gii Borrower or Borrower's succesaors in interest. Any forbearance by Lender in exercising any tight or remedy
<br />+ shall nonce it "wet of or prulude the exercise of any right or remedy.
<br />11. Sreewsea and Joint sari Several LUM1111y; C 4lpen. The covenants and agreements of
<br />j this Security instrument shalt bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions
<br />of psn q.*.17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co -signs this Security
<br />instrument but does not executer the Note: (a) i-i co- signing this Security Insirume'nt only to mortgage, gnat and convey
<br />that Borrower's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay
<br />i the sums sacred by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend,
<br />modify, fotrbar or make any accommodations with regard to the terms of this Security Instrument or the Note without
<br />that Borrower'seonsent.
<br />IL Lewchwvs. if the loan secured by this Security instrument is subject to a law which sets maximum loan
<br />charges, and that lawn is finally interpreted so that the interest or other loan charges collected or to be collected in
<br />connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount
<br />nwe%ary to reduce the charite to the permitted limit; and (b) any sums already collected from 9mrowe` -01ch exceeded
<br />permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing'the principal owed
<br />under the Note or by making a direct payment to Borrower. if a refund reduces principal, the rat:ry Lion will be treated as a
<br />partial prepayment without any prepayment charge underthe Note.
<br />13. Loodedoe AReetiag (Lender's Rlgltts. if enactment or expiration of apptic40lit laws has the effect .ct'.
<br />renderOsS any provision of the Note or this Security Itistrament unenforceable according to its terms, Lendtr,.,.st its option.
<br />may rr ui :e immediate payment in full of all sums secwnzo3 by this Security Instrument and may invo4. at�iy remedies
<br />permitted by paragraph 19. If Lender exercises this option, Lender shall take the sups specified in the sccatid'pangnph of
<br />j paragraph 17.
<br />14. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by
<br />mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the
<br />Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shah be given by
<br />first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice
<br />provided for in this Security Instrument shalt be deemed to have been given to Borrower or Lender when given as provided
<br />in this paragraph.
<br />is, Gavoraiag Law; SeveraWlity. This Security Instrument shall be governed by federal law and the law of the
<br />jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the
<br />Note conflicts with applicable law, such conflict shall not affect other provisions of this Security instrument or the Note
<br />which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the
<br />Note are declared to be severable.
<br />10. Nerrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument.
<br />17, Trmeskr of ore Progeny or a EltuRclsl Interest Is Borrower. If all or any part of the Property or any
<br />interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural
<br />person) without Lender's prior written consent, Lender may. at its option, require immediate payment in full of all sums
<br />secured by this Security Instrument. Horwe rtr, this option shall not be exercised by Lender if exercise is prohibited by
<br />federat lavvas of the date of this Security rose moment.
<br />"If tender exercises this, /.Rion, ittider shall give f6t.rrower notice of acceleration. The notice shall provide a period
<br />of less than 30 days from the date tte rst.ice isdeii, 'whl or mailed within which BorroK'ef roust pay aff aa:,Tl, secured by
<br />this$ iocutrityiatrtkiltanent. lfBorrowerfainlapaytheses ::t.aprierwx the expiration of this period, lenderir��rr ;olean3
<br />J ". Chi. seg!!g,; # %, ^yt ul "'kill'tt Ylitl2�ti� �: LL; t' wrt,n�'.Llr:! fu' demand on �orrui4�1 =.., '
<br />• 3R`�:uw� tie..
<br />'. :4t1: lfknnweer's NigIK N1 16eisatate. If BorronRet t^ ue�s certain conditi�nj, %. Horrow4sr
<br />efXi1Yl."iizirrent of this Securii .['tt: tiiment discontinue Zit: rice`! time prior to the eat rlj:� cif: (a) 5 6ys (or, atjo *r :.Cwr per2exi as
<br />app"' bw lax may specify fox rdnstatertient) before t lr t':,f the Property purs- ,gav:.o any �:wer of sal,,_ a' -. rained ir; t� s
<br />Security instrument; or (b) entry ai a jndgment info# -is this Security Instrument. Thc% ex- ,11daions are t hat Born:ara,vr
<br />(a) pays tinder all sumo which then would be due urtdet this Security instrument and vtte Note had no accclen.10-r,
<br />c carried; (b) cure any default of any other covenant., or agreements; (c) pays all expenses incurred !a enforcing tuts
<br />Security Instrument, including, but not limited to. reasonable attorneys' fees; and (d) takes such actin. _ 3• ender may
<br />rcawnal-ly rcytttre to at sure that ncc lien of this Security instrument, I,ender'i right` in the Pri,Wty,mt3 Iinrroweefi
<br />obligation to pay the xums yecu:cd by this Security instrument shall continue unchanged Upon reinstatement by
<br />it irawer,tlus `_ie.=dt I fist rumment and the obligat inns w.ecured hereby shall remain fulty clierh16 c a-- dnu uL celer:al"'" had
<br />M- C"Ircd film light tote- 141state shall w+t 4p)y m the case tdacceierstion un=.tcr P- 1taiQuThr l; fir 17
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