Laserfiche WebLink
87,103184 <br />:{ require mcrtgags rus-ar°ance as a cciaitnon of making the loan securxn by '.las Security Iiotrument, <br />m5we shiaht pay me premiums required to i tsio the insurance in effecr until such time as the requitentent for the <br />uance terminates in accordance with Borrower's and LendWs written ag.—cement or applicable law. <br />t1, Inspection. Lender or its agent tray, make reasonable entries upon and insli croons of the Property. i evde' <br />shall give Borrower nonce at the time of err prior toa: ie� specifying reasonable cause for the inspection. <br />9. due- The proceeds of any swmid ry claim for damages, director consequential, in counection with <br />aaky Cotidemnatim o ether taking of any pan of the Property, or for conveyance in Beta of condemnation. atme tcereby <br />assigned and shall be paid to Lender. <br />In the event of a total mVmg of the Property, the proceeds shall be applied to the sums secured by this Security <br />Instrument, whether or out then due, with any excess paid to Borrower. In the event of a partial taking of the Property. <br />unless Borrower and Leader otherwise agree in wntw& the iumts secured by this Security Instrument shall be reduced by <br />the amount of the proceeds multiplied by the Mowing ftwoon- (a) the total amount of the sums secured immediately <br />befute the taking, divided by (b) the fair market ►almc of the Property immediately before the taking Any balance shesU be <br />pct to Borrower- <br />If the property is abandoned by Borrower, or it after notice by Lender to Borrower that the condemnor offers to <br />make an award or settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date the notice is <br />giver. I ender is authorized to collect and apph the proceeds at its olition, either to restoration or repair of the Property or <br />to the stuns secured by this aecunty instrument. whether or not then due. <br />Unless Larder and Borrower otherwise agree la -nun& any application of proceeds to principal shall not extend or <br />postpone the due dare of the meatbly payments rrFerred to in paragraphs I and 2 or change the amount of such payment. <br />10. Borrower No Relmet Eorhearaoe Bf testier 'itat a Waiver. Extension of the time for payment or <br />modrfieation of amatisanou of the senors secured by if- Security Insuvmeat granted by I ender to any successor in <br />interest of Borrower shaU "operate to rt3ease the liability of the origimal Borrower or Bor owees snoassots in interest <br />Lerdtx shaB not be required to wmornce proeeesi- gee against any successor in interest or refuse to extend time far <br />pwfa Km or odmviw modify amortization cf the stems secured by this Security Instrument by reason ofa)v demand made <br />by the orsgiad Borrower or Bonower s staoonsors in imeaat. Any forbearance by Lender to cxm;isimg sty tight or remedy <br />shall ambea watvet afar preclude the taaaaeofary ri*A or rc medy <br />1L Smeeaaas ai Astips Bawnk J@W ark S'rIeI LlaWW- CD4*W , The covenants and ageernerets ti <br />the Security imauiveat mall bind and benefit the succ emors and assigns of Lender and Borrower, subject to the provisieas of paragraph t7. Borrower's covenants amd agues sMU be,umt and sneraL Any Borrower wbo s this Security <br />haumnesat but does not execute the NOW (a) is m-signiag this Security Instrument only to - OrIlpge, grant and convey <br />then Barrc"Ws ntaest m the Property tender the tams of this Security Instrument. (b) is not personally obligated to hay <br />the sum seamed by this Security Instrument and (e) agrees that I order and any other Borrower may agnx to extend. <br />modify forbear or make any woommodanom with regard to the terms of this Security Instrument at the Aloe without <br />that Borrower's consent <br />M Lamm C wWL If the km seed by thgs Sewrssy Instrument h subject to a haw which sets maximum loan <br />tomes and that law is fitudy trued so the the Userest or eraser lout charges collected or to be extUxted in <br />wmreauoa with the loan exceed the permeaed buim then- (a) any such loan charge shall be reduced by the am unit <br />s to r-1d , the cisatge to the permitted Iimit: and (b) any smart airady, collected from Borrower which exoeeded <br />pernmed ?units wiU be refanded to Borrawc irneier may choose to make this refund by reducing the prince* owed <br />Wider the Nloe or by making a &rest ps}meec to Borrower, if a refund reduces principal, the reduction will be treated as a <br />pond prtpeymcw Without easy prepaymm Charge under the Mote. <br />I& LaIMOm A![adag Lt Mw% RI&W& If C=CMN=t or rzpirstiotr of appbcatie less has the c66M of <br />> my proyiaiom of the Annie or this SecuM Dear menfiaracable according tons terms, Lender. at its option. <br />swig t UMMOdMe payer m . 0 of so sews sera! bee tbji& Security lnstrvatent and m&%' ire ►tote any remedies <br />patmtted by p 19. If' exacom this option. I e>ada shall take the steps specified in the second paragraph of <br />paragraph 17. <br />14. Nteders. Amy notice to Bormwet provided � is this Security instrument shall be given by ddtvtr mt it or by <br />maw it by frost class mail amkers apphabie law r egewss use of another metbod. The notice shall be directed to the <br />Property Address at nap other address Borrower destanues by uaonce to raider. Any notice to Leader shall be given by <br />Am cats anal to Lenders a4 reas stated keyaa or my other address i auder deugnues by cones to Borrower. Amy notice <br />plow aied for in this Security Instrument shall be dermed to have been given to Borrower or Lauder when given as provided <br />m this panjnpht <br />IS. Gwaruaet Lew- Seerralli tp- This Secrmry hcstrumem shall be governed by federal law and the law of the <br />in which the Propene) as low- In the event that am orovsion or clause of tiro Security Instrument or the <br />! .ote conflicts with apphcable law. such conUnct shall not affect other pro►ssioas of this Security lustrmmeat or the Note <br />which can be grna affecs wuboea the can8iamg pnoystoet- To this end the pronsans of this Security tnurtamau as d the <br />%m we declared to be severable <br />16. 8wrewees Ca". Borrower shad be given time coulotmed copy of the Note and of this Security Instrument. <br />17. Tromfer of the Piepeety err a Beneficial barest in BttrrtrwW- if all or arty Pan of the Prop -- 4t anp <br />interest in u is sold or transferred (err d' a baud .al mteresr is Borrower is soki or transferred and Borrower is not a natural <br />person) without Lendees prior.wrmen consent. Leader mac, at its option. require mtiedtate payment in full of all sums <br />seared by this Swmrp tinsrruumept Howwever, this caption than not be exercised by Lender if exertase is prohibited by <br />federal law as of the date of this Security Instrument. <br />If Calderaemises this Opine. Lender shall give Borrower nonce of accelerator. The notice shall provide a period <br />of mot leg than 30 days from the date the nonce is delivered or mated within which Borrower must pay all smtffi secured by <br />this Se cuin=v l If Borrower fats to pair these sums prior to the expiration of this period. Lender may tavoke any <br />remedies permitted by the security Instrument ent without further nonce or demand on Borrower. <br />I& Sunwwa's RW tr Relasteft if Borrower aces certain coudinaas. Borrower shall have the right °o have <br />enforeem et of thffi Security tmtrtament dies oarmmei at any am prior to the earlier of (a) S days for such other period as <br />Applicable law may specify for remnucrue n) before sale of the Property pursuant to any power of sake coonrnod in this <br />Security hnstrunicat: or fb) entry of a judgment emfoessng this Security instrument TI, rsc condoners are that Borrower- <br />fa) pays Lender all steaks wady then would be due undo this Security Instrument and the Note had no acceleration <br />occurred. (b) cures any deiaah of any other - covenants Or agreements; (e) pays all expenses incurred in enforcing this <br />Security knstrumeaL mauding, but not limited to reasonable aummys' fen. and (d) takes such action as Lender may <br />reasonably require to assure that the aen of this Security Insnrutnent. Leadcss rights m the Property and Borrower's <br />obtigatuin to pap the sums soured by this Security Instrument shall continue unchanged Uptm reinstatement b% <br />Borrower. this Se runty Instrument and the obtiganoos secured hereby shat! remi an fully effcolse as of nc acceleratton had <br />occureu bearer. r4:is right t;; ramtatt ►ha!l nc*t apply .n * „e -ase r,� under parairmphs ! <br />