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r <br />L <br />86- 101757 <br />If !.ender required mortgage insurancc is ;: condrrwrit if nuking the 10,111 seturctl by rill, Seturity !n- <br />strumcm, Burrower shall pair the premiums required it, m,uut.tin thc!nsurance :n of feet until such time is a reyuirentcnt for <br />the insurance terminal" in atrordance with Burrows s .tn.i "en del , "k rlt,,cn agrectc,tnt ur applic,iblt law. <br />S. Inspection. Lender or its igen! may make reasonable i Iirrj,,-s upon and .n,I +rctiurs cut the Pn>periv Lundcr ,hill <br />give Borrower none it tilt• little „t nr prior to a•t rn,pesn rt-e:itting rcas ni iv taut fit ttte inspecn -m. <br />9. Condemnation. I'll,- prei ends of anv ,iw:rrd -it claim t . i.f maize s. dirttr Ir , tnscat t :;!Iii 1. m n :nrtce t n N1 ]!it .:nt <br />omdentfution it other rakingof any part !1 the llroperry.orh,r tom eta nr ut ikut.t ital,ielric.111 11 - -Irc lit rcb', ;.,,: nets .iltl <br />shall be paid ni Lender <br />In the event of a rotal taking ut the Property, tilt nrntc•etis ,hadi tic aplihed o. liic ;user, ,Lomtd by it; :, Secunty <br />Instrument. whether t,r nut t hen due, w nil ,rny extcss paid 11, :Soto .tctr. I n the event of .! p.m iai oak ing of nc�• i'roprrr; .colt„ <br />BrRrruwer and Lemicrntttcrwisr agree in writing. fits •ums,cun.cd tv; !t+:, Sr ur,iy hi,rnlrnenr,lail Its ru im--A by file 3:1101.111 <br />(it rile prineeds ntulr!piwLI by till' t +ril,.wlrig tr,ictwn '.i :, rite air, +I !rrictunr iit :etc ,um, ,ttcrud Ifnnx'dl.i:clt tx•t;,rc IA:nc, <br />divided by ibt rite tail inarke•t value of the Property ;n med1.ittdy hc•ton' Inc r knlg. ;%rot be; :nee ,hall he p.ud tit liommcr <br />If the Property is abandoned by Btmr mot, or it- airtr rtoutc by I- toiler n, Burn,wr: th.n the u,ndemno, arttcr, to make <br />in award or settle i dic'n tt,r d.rrnagv,. Bttrn,w'er tails r., re,p and It, Lcll,ic! rhirl ,tt days ate: r ncc date the notlu' r, grvcn. <br />Linder is authorized t„ coi!ctr and ,ipph tmi protcctis. -it its c,Pt, n, cahcr to rc,totarwo- r.r repair c,I file Property or to tote <br />sums secured by rhis Securiry Instrument, %herder or not [hen ! c <br />I'nles, Ltundet and Biuniwcr otherwise :grec in tr nuns to -: i'l tu., nn! pmts c•d, t.• pnttc :ltai,11a11 nett exl( nd or <br />f »rp xu life Iuc date tit nce rnonthh pi)incnts rcicrrr.i tt: ut p.Ir.!gr.iph, t .ut,! ' fir th.ir;ge the . :ntiu :nt of ,c!ih p..tvutcnt, <br />10. Borrower Nut Re!easeJ; Forbearance By Lender Not a waiver, limcn —m .,t !hc rime for pj)IIl•nt or <br />tncalititatiott of :trrtorrizat it'll of rile sum, setttred by tn, Seuint; 1. r!svu!nent gs- loft.; by Len h r u t arc suttrs,or its ir.rerc•st rot <br />Born.w'er shall not operate to icitasc the h,!bilirr. t,f ! -c ;ri :;in -Ili - r,,;ucr,.;r lit'; l "Cr s,cttc „c. :r,!n ..,,.rt,r. Lcndcr,ha :j <br />nutt>creyfnrrdtnunnntr0trprlt uinty; ,ag :un,tarts,u <ors,t :r;..t��tn_ fort cr;;, catext enttnnirtctrp .iytncatt,rutitcncisr <br />modify :unur[izatwn of [he sum, secured by thr,Jcnn'Iry lo,rrmimit h rea,on id am it llumi m'Ide by the t,I;. m.d Borrower <br />or Bnrniwer's successors in Irttrarst.:! nv ftxbraranre by l.entirr in extol. into. +:r; sighs i,r n•rnedy ,il I;l not he uahrr of or <br />prudude file exercise Ito any right ur rented•; <br />11. Successorsand Assigns Bound: Joint and Several Liability; C:o•signers.'I etc t 11'11. +ors Ind - i.41 Ve! Ile It, If :his <br />SCturity It!.trurllent shall bind ,,nd benefit rile ,utcc >v tr, arc =: auigr,, Yet [ cn,icf .in,! Bc.rri„cr. ,able, tc.:tic pnrt!snn :, nl <br />paragraph l Borrowers ,ne•nant, and igrccalvilfs ,haa oc p.nnr and cce:.ti Ant' N,rrrnvcr uhn t. -,U:11, Iii, Secun!o <br />imtfurlicntbu tdites not ;xecuti. the Note +a.I,ro i mintthtsSettlnttll :,rnrtncn::.nlr ;nftrtgage :r,t.lnattrsitctrltat <br />Borrowers interest in the Pn,pe-r t ,,:er the rein, of th!, Sctur!r: !n rr ;n:enr. n „ an ! e ,I;rt.rlc t,bligiruti m P t tfte <br />,unu stnne•d by till, Seairity Ir,,r c ir.cm- w,i 't agree, rhar I ender .Ina ant lifrtrr Ntriot,er ratty cc I— t. .. <br />turbrar or make any aiixntrtudanrn, 'nit rcgart! : , the t. tn, .a riu, Sc.urt c in, :r :•rcnr lic N',!u' a tntnr. ;feat <br />Burrower, cunscm <br />12. Loan Charges. It the 1-m ,c,ur -1 i : r!u, "ic-r- in,rri:rnt'nt !, ,uhtc.' Ill ' !.ttv uhith ,ct, MAXIMUM ]bail <br />large,. and that Liwisfinalkmttr pre !cd,0fh.ir tile mrrreatru!he :it.ii ..!sec l..c,!tur,hc 11 i!ctted'It.tu :uctt;ctu <br />Will) the ir,an t•xtcrti the i-C:f l; t; d boil!,. •non ,” 'it.' ,"") i' r r; lr,ir >;t ,h,! ;] hen ;.Ld b, the . :rni. :•un! :it u', a t rr, utc' <br />tine Charge to the permitted limit and :, ...: % ,um, Arta at tr,f!tt cd t :ono Bui-r-A cr tvltrth vxtecdu.'. pti nwrc.'. i:rrlits writ be <br />retunde•d to Borrower Lendc r racy thno,e t.o ntakt rill; Iclutid !,y' Ic_i!.Itiri;; the principal i,wcd t:ndet the Notc;, by making a <br />direct payment to Borrower If a n:fund re•dures 111`1 Ilk i >.tL tits rrducntill tctii !x ruined as .i p.ut :,11 I,rcpacn;rur without ,env <br />prepaynie•IIt charge• under ttic Ntifc. <br />13, legislation Affecting Lender's Rights. 11 tn._t!menr ,if :xpoatl,.n of iP1111LAlie late, has the eitett tit rc•ftder!ng <br />eny provision of the Nate ur rill, Secturt% It!SMIme -at t:renLt�e•.:a!t .i. ;,r,Intg n.; i­ ten;;,. i cnder..it it, option, may rcyu!rr <br />mmediate• payrrtcrtt nl cult of .ell ,ulna srxure'd by Ihl, Serum"' In, r,iinent :rid :,..it Inc,ike anv remedic, pc•mimcd by <br />paragraph '9 exrreisisrill,option.Ir rider slid l l like fhe, tep,s pccit led In (Ile se corldParagrapftutpaagrapiti'. <br />14. Notices. /env numb' ra Burrower prt;ctdeci hfr In th,iS 1itt:rltt Instrument slill iv glen by e•hterfnk It in by <br />rn. tihngttbyfintel: usntailur, lr, sahphtahlei.: wreyuirc ,uscut,innrletltx'rhod'I' hen., :itr,hailhtdreaedn thci'n;pern <br />Addressor Any oiler address Iiorntwc•r designates by notrtr tc, lender :\ray notice tit l.rndc•r shall br given bt tlr,r cLus ut:ci; <br />it, 1 cm!vr s address stated lcrent or my ocher addres, Lrndt r :ic,ign,Ite, ;,t melee t , Borrowtr. An, miller provided htr In <br />rills Seatrity Instrument ,hall be deemed n, fracr tech given r, Burnm,,r t I vid •r'hol geteri as provided m rills par.,,gr..ph <br />Ii. Governing Law; Severability. This Scturiry In,tnunrn: ,hail iw <ct.'cmcJ bt idler,] !acv :r:d the 1.11 of lilt <br />lurisdittioll io %%huh the Prt,perry Is li —Ifcd In nc�•etent !hat arty prat. i !n i.na; i,t uu, Satuntt r tImcnt,.r!hc Nate <br />conflicts with applieah!t• ia'. catch toot it' t ;I:aH not offer nthe -r prat I,!om ri! Hors Seturag ht,tnl :ne :u n. s hr \:ter ufut it t sn <br />be y;rven tftict witilou[ !ire ciutflittiotg pr,n r;!t :n. T- rhis end the l,n.t r !stns t:! it :, Security in,tr. :rr n! w,i Lt Nutt .ire <br />3lidircti to be sc%crablc <br />16. Borrowers L.Up)- limru'cr ,hail be,gran,irtc tuntor;ncd ­p, tit Ihr \tile• nd ,it Iiu, Sct;trnt ln,nuutcnt <br />I -. Transfer of the Property or i Beneficial Interest in Borrower. It Al to em part of !tic Pr, :pttrt it ens <br />ins ere,1 err it is soM;)r r in,tvr red :fir it .1 bend ittai ititcrc,t rat licit r.!wrr Is s, 6,Ior tr.n :s to ref! and B, if I,cI I, nrrt a Ili-, III A <br />penun Aithout Lender , 1•ra.: a rfttr:n ion.cnt. l incicr may. -it r., t>prton. tcgIl;,c tomtit ? :.nc P.ryment m lull t,' .ail ,tuts, <br />seemed by this k•turity fn :rwtttnt.I- IowevCr, This t•pn(u!,ftal! n, It Ile c xrrt tied bt I. snots !t e xt r,;,c:, pit h,l),tc•d I,t tvdcral <br />law .is of the date ,.t rill, Seicnry Instrumem <br />If Lender exercise,t Ills nptunt,Lender Orill s! orBnrrc ;wcrrrot!u•itettcleratnin Pit noticr,itailpst:rldt,lpcnt Et,t <br />nor less rl ranillda v, from theci ao; tile ntr[r[risdelivers lormarleduirlimttimhBrirrowcrmus tpat.Iiistirs.,,ctul'dt•.ctor!, <br />Sri uriry fnstonnent It Borrower fans of pay these suits pmt' to the cxpirmt -,n ,:I tilts pct!,,d, t c lid"r may tit ",kc ant <br />rentrtiies prnnined by this Setunry inst[umem wntmut turilu•r milt( I dtmallA In liwwtarr <br />18. Borrower'% Right I,. Reinstate It Burrower ntrer, trrtim t;tndit „n, B,irr•turr .i.u! lac rite r• itace <br />vilfort cinvill t nc!, Se E o " 111, T I - t t .r ;i! .nrrocic ° it ZtV, t crt -i h c: <br />apl,!a: ;chit law at,u slu tidy turn t.,,arenic in !,etcitc. s.i:c,d the P! ,pert% pi, ,,..I ..,l, t ,tc a,..tt ,i I. -iit.c J 11 ,.. ,,e <br />. :: r.rr linrruii;n'<t .ir ta; 11;11; t i ;I :,lgl tent It III,I rime n. I t` 1 ;1; t. .'.r ;..!• <br />s,l.'ar•ic' rill .t, w'1'ihh!!!C510. tad.'K!ii(uIt,it,til"l!'L 1fifn,r:;, -[F.I. tit'. !u \:'ar- I It <br />;tic, lit% aCl! : -i a r;t t. r f'it I„,L< it It" 9j..a. :ri %III,, -,'l *. tl : -C xft :i _,t.. ,r :, <br />'. Rf :.. •.• tR... :,1 .! ¢..r (.} { i ., F l.tr'..t 1 [!. r(it,`. r(•. t,. ,.Ikt <br />..its i.Y.a' <t.tt .ii ,, !,t 1 •,t,...'i,,1 tii'.t'. :. 't !. :!: .lr i :. `, ill t!'t: i ,. :14 it, <br />_i <br />