|
87 -.... 1 097
<br />if Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument.
<br />Boy -ou er shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the.',
<br />insurance terminates in accordance with Borrow'er's and Lender's written agreemenzorapplicable law,
<br />S. inspection. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender
<br />shall give Borrower notice at the time of or prior to an. inspection specifying masnnable cause for the inspection.
<br />9. Condemnation. The proceeds of any award or claim for damages, direct or consequential. in connection with
<br />any 'condemnation or other taking of any pan of the Property. or for conveyance in lieu of condein action, are hereby _
<br />sd
<br />assigned and shall be paid to Lender.
<br />_ e
<br />In the event of a total taking of the Properiy.,the proceeds shall be applied to the sums secured by this securtty
<br />Instrument, whether or not then due. with any excess paid to Borrower. In the event of a partial taking of the Property,
<br />unless Borrower and Lender otherwise agree in writing. the sums secured by this Security Instrument shall be reduced by
<br />the amount of the proceeds multiplied by the following fraction_ (a) the torsi amount the sums secure? SmineduatelF ._
<br />ra
<br />before the taking, divided by (b) the fair market value of the Property iiuttrteaia#ety before the taking; Any balance be
<br />f
<br />shall
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. er .f ,after notice by tender to B-trrtywer that the condemner offers to '
<br />matte an award or settle a claim for damages, Borrower Mils to resptind to Leardet within -;O days after the date the notice is
<br />_
<br />given. Lender is authorized to collect and 15 the oceeds, at its
<br />apply pr optical,. wither to restoration or repair of the Property c
<br />.
<br />to' the sums secured b% this Security Instrument. whether or not theutdue.
<br />y
<br />Unless Lender and Borrower otherwise agree in w nting, an% apphearicaa ofprixeeds tvpr}rrc poi shall not extend czr ,
<br />pcistpoTlK the due date of the monthly payments referred to '.ate t and 2 or change in cthe amount afsuch paymerim
<br />hang _.
<br />10. Borrower Not Released; Forbearance By Lender Net a Waiver. F- tensisin of the time for paymaut s s"
<br />modification of amortization cif the sums secured by this Security Instrument granted liy Lender to any successor or ,!
<br />.
<br />interest of Borrower shall trot operate to release the liability Of the inigrnfl Borro+cercu Borrower's successors, in interest'.
<br />Lender shall not he required to commence proceedrings agairm any in to est or tefuse to extend'tinte for
<br />payment or otherwise modifil amortization of the -turns secured by rhos Securny" lnsrrurs}enr by reasrxa rJ�any demand Made
<br />. by the original Horrower or Borrower', successor), in ultert sn_Ant fr8 ^i4Y tYE Le> rttr tntrristnt* any right or renaca ss
<br />-
<br />h
<br />shall not be a waiver of or preclude the exercise of am right oc lenudy. '
<br />-
<br />It. Successors and wig" Bound; Joint fad Several � Cstees. The coi.enants and agmemet
<br />ti.Seiurit instrument shall hind and hei £efit the successors arlasstgs 4Lender Borrower_sci rcttothegrotisitlos
<br />t '
<br />of paragraph € P_ $orrowtr`s cot moots and agreements shah lie fc+uxt se.'a�zt_ �►m: Borrower who c"gns this me
<br />smug
<br />Instrument but �m execute the Note- tat is co-sigrnng this ty It :IZU}e#tt rail. to inmrtg ge, giant and aotly
<br />;
<br />Thai Borrower's interest in the Property under the terms of this Se- curxty Insartstt}raut ebt � riot personatly c+isirg fuel tax pay
<br />�
<br />the sums secured by this se'cunty In%tru men t: and (r:t agrees -that Lender and any ,itber Bornrnkt- xiia.i agree t;} ext—L
<br />�
<br />modtfi, forbear or snake any Accommodations with regard tee the iiermlt 4 thtw - rislrmeut or lbe ;4-? * w'Y€It€Iu€
<br />Thai B;Xl- ower- s ctnsent
<br />3
<br />12 Loan Charges. If tIfe loan secured by this security I ,trtiment zs subject To a 1A which sets may'ralL UM l--
<br />_ '�i,,..
<br />charges, and that Iaix is frna €1; interpreted so that the interest :yr other trig. charges corrected or to be Collected in
<br />tonnacuorf with the loan exceed The permitted limiter then; tai :any *A b l i..ri :harm ShA be rcXttttexl by the arm ;
<br />A
<br />' necessary to 'redu,Ce the charge_ to the permitted hatit and( any s irris already :,i?I1kS. tcd frort't BCFCi°i'Aylf "oY w luib K'.'Rc"M,`e'f�".+i -
<br />-i
<br />_ penitiiltd.11PnF£� will be refunded to Borrower, t.t�2der rtL3v chtit t #? in G tIn'} 3'"tai�Itic `z'V' f- during -tile prisR. -1pa ei-eid
<br />_
<br />- ander the Note or toy- makinil a direct payrnen. to Borrower. Ifs €efts d -$ tl pr e- • tat, rile- r�ItH:.if_ifi�'tlrn'I tie tri ntttt'as: a
<br />partial prapymew. sLithkvl anY Prepayment charge the Note,
<br />13, test -��.en ifl etmg t.etader's Righ If rntzAment aLv e3 Tarr t c apps -c W laws lac the
<br />rendetinr anv pr.ivisroti cif tote N. +te or ttt<s s xt rrty Ittstrumen' uneviorceatsie auc-rd= To its €ernts. Leader.. 3t its cittsoo,
<br />5.'
<br />sows require irrtmzchaw payfriem m full of all sums secured tee this Se urtty' i�tru t and may Into -ic aftV �_'
<br />'
<br />tierni -Med bi, paragraph 11) If t— &- exercise -c tubs opiim, Lciltkm %hailtake thesteps. _ eccdn ! parag c i # '
<br />pairal
<br />14_ Notices. An% reouce tci Borrow er provided for in this $t'i-unts Insrrututnc Sliail be gi{;.l tn'.dtttvtrtng2# LH' Itiv
<br />marling it by Sits,. r13ss mail unless applicable law requirees List -et another metlrr i The ootwe -hail be directed to the
<br />_- rt#llt4!'t Address or any .'iFl}Kr address &xrowrtz dcsrgtiatts . bt' notice to Lendler:. Any notice to Lender shall be
<br />given
<br />nrsy chis, snail lli Lender's address, stared herein or any anther addres, Lender desiguates'ixt notice to Borrower. -Any Tra#ne
<br />M -wiritif t; r sn t hl, Sec urim Instrument shall be deemed tc hale tireu given to Bor -row r or Lender w lien giant as pr-A Weil
<br />in : firs paragraph.
<br />a'
<br />IS_ GoVeruittt# Law. Seyetabitity_ This Security In_:triarnent shall be gn :er i I federal iaw and the I=w s O the .
<br />"(urlsdution in whucb the -Pry ?pert- is lks,.aieu it,. The Kitnt that any prav,saae ti or ir$ tst ek this See. trite. t Lstrt tlrertt or The
<br />%'ote Wriflrci, wall applicable Lw, such clinfb}:i shall not affect other prci.tsit3rts of air s S uez y tnstratrrient c's the ticl€e
<br />_ wTtacli C3R tY s_ayerl etfea:t 'The ContllCt}ng priJV}sion Tai this end the lY.tii- LStt`aa3 tLi iffy, fl'iitity Itwrumem :arks the
<br />- -
<br />_
<br />_ NC,Ie are dcciariL To be sexer blc
<br />'
<br />15. Borrower s Copy. Borrower shall lie gl,,r^ lw e i -.gformed Coo t t the \:ytraf ct tea tufts �tiaznty l 'sririrn t
<br />1'_ Transfer of the Property or a Beneftciat Interest in Burrower_ If all is any rsan if the Properly air any
<br />interest 11-1 tit i+ lu :r x of Ierreif ifs if S :NtflC tfi Iii 3iI£e£es2 in B(_ >rr -Act transit `rred arld I1. F'r::V:fr E Z .t ivil33r31_
<br />pentvlt wtthOut Lenders prior w r#tten consent. L_ery t - 41 M, opt. +'in cqu re urm- to paimerit in fine 'f an i imT
<br />{I
<br />S
<br />secured b'6 [.his securt" lns£rulnert However. flits optroan ~Nall n+if be ever i ed by Lender }f exef'O }s r o hlbi tell ley
<br />$t mp.
<br />---
<br />y,
<br />fedtrall�as+;�fx#le elate of this SCi2 }riij liiStrUmCn1..
<br />if Lelrae E'["rC71e'S his option, Leitde7 shs.tt J +t llswl"Aer S lAti'e!?t a"-6eratKwL The no ice sllatl pr3e al• -4 peT-,od
<br />-
<br />.if nm lee thtan { #days from the slate the nofi.Y is del" Bred or mails` "A "thin which Borrow c. must ,pct) all aims cc ia. >Cd t!!
<br />this Security" Instrument. It Borrower t°a}ls.to pap these siarns prior to the expiration t .''this Lender maV j
<br />period. rlis e a2 �•
<br />_remedliei permitted by this Secunty Instrument without further- ntitictoi demand off &VraYw=er. - -
<br />18. Birrrower's Right to Reinstate. I! Brrrower niKet cKrtam evindtttcros Btxrrs }wKr slierll haaK Ise rgha t h�v
<br />-
<br />:r
<br />"tot "e'tntal of this Sceritity lnstrument discontinued 31 any ;line prior ill the carrier of, 1315 days t r 3i:itt 3tnKf pert lit a,
<br />appl2'ah #e law itl;#t sr atv for TCrnsiatL'inCnit t.'sre sSls of The Pt .txF {y Ur,iiin6 tic a #iV p wef of ti w3atei in I i,
<br />t
<br />_
<br />- 4ecurity lnsti'i.`Xien3. or th) ViTtr% of a judgment Ctiforcats,i dills SK 1aTl a'V- Irri trl#tnC.Z #t Tkri3s.:..'s;lPrjsT cis ,rirt SITS: BNgA'.. t.ii ES'
<br />-
<br />.
<br />Ilat pays I_endc at sums which Then w..ti L
<br />uld } C due Under ills, Stcurltt InitF tile- ♦3Id the : t 11 d F f 'tlx i 0 n
<br />-
<br />.ih't.0 reet; juts re. ant de AUli of ant' other a.VK'tanti ill '.i,greem nts: (Cf paF s< '@.n44 urr i
<br />-
<br />-Se' uflt} iii >tr 1 vut vicluding, hilt ti�l -aI'Y otd {d °. 7C`S'bc tli3t*ti". Sift FT;C)_�' �#.r;.'S 3tvd l !,x d. Yu t  .Ii +a.iy
<br />-+k
<br />as ioc :1132 the 72Nn A this ssm -ur #f4 In'ttuntt'm L'. '.ttacr t fl -di.. rib "he P7 q r,1% .ill's
<br />-
<br />- + -if'li ,.t Yt:l', S'.. (•£t tutu >l:!liS lt't44red h4 this , "l.: i,trt25.' In'Truallf- 44511 l.4- .,:£ - -: ;;`tt. Il =tit[ -
<br />I3
<br />ill': rlll }kCt i #Jid lll,- A.. Y,!•"i^ w,urcu t i{l- ';^z:i ;.... _z S, i 1 i3. - _ • ;, :., i.i
<br />-
<br />,.._
<br />- � f li: ,-qt-H
<br />
|