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r <br />L <br />96- 102717 <br />If Lender required mortgage insurance as a condition of making the loan secured by lobs Security Instrument, <br />B +rrower shall par the premiums required io maintain the Insurance in effect until such time as the requirement for the <br />insurance terminates in accordance with Borrower's and txnder's written agreement or applicable law. <br />A. Inspection. Lender or its agent may make reasonable entries upon and mspecitons of the Propene. Lender <br />shall give Borrower notice at the time. for prior to an inspection specifying reasonable cause for the inspection. <br />9. Coademastion. The proxeeds of arty award or Maim, f, r damages, direct or :on cquential. in connection with <br />any condemnation or other taking of any part of the Property, or Nir eomeyance in lieu of condemnation. are hereby <br />assigned and shall he paid to Lender <br />In the event of a total taking iii the Property, the proceeds ,hall he applied to the sums secured by this Security <br />instrument, whether or not their due. with any excess (said to Borr.:c.er In the OCT)! of a partial taking of the Property, <br />unless Borrower and Lender otherwzu agree In writing• the sums secured by this Security Instrument shall he reduced by <br />the amount of the proceeds multiplied by the following fraction iai the total amount of the sums secured unmediately <br />Wore the taking, divided by Its) the fair market satue of the Prolxny lmn- ediately hefore the taking. Any balance shall be <br />paid to Borrower <br />If the Property is abandoned by Borrower, or If. after noti.c by Lender u, Borrower that the aondemnor offers to <br />make an award or settle a :]arm for damages, Borrower fa ii, to respond In Leiidcr w stun ;0 days after the date the notice is <br />giver,, Lender is authon zed t„ collect and apply the proceeds. at Its opitont either t„ res!uration or repair of the Property or <br />to the sums secured by :his Sec unto Instrument, whether or not then dtic <br />Unless Lender and Birrt,wet otherwise agree In wnring, any applhation of proceeds LI pt a-CIpal shall not extend or <br />- prntpone the due date of the ,ninthly payments referred it, in paragraphs l and _' or lunge ! he amount of rush pay meats <br />10. Borrower Not Relcas-44; Forbearance By Lender Not a Naiver. F. Tension of the Time for payment or <br />modification of amortization of the sums secured by This Security Instrument granted ha tender It, any successor III <br />interest of Borrower shall not :operate to release the Irahiluy of the original Borrosuer or Pwrrower's successors In interest <br />Lender shall not he required to commence proceedings aiiainsr arty su:cesv,r in interest or refuse n, extend nme for <br />payment or otherwise modifv amortization of the sums secured by this Secuntr lustrurnent ha reason „f anv demand grade <br />by the original Burrower or Brrrrower's SuceesroTS In interest Any forbearance hs_ I ender In ext•rastng arts right or remedy <br />shall not be a waner of or preclude the exercise of any right it remedy <br />11. Successor and Assigns Bound; Joint and Several liability: Co- signers. i ht •,o, Ltianis and agreements of <br />ibis Security Instrument shall hind and heneht the successors and asvens of [.ceder and Borr: suer, sutler! n, the provlsums <br />of paragraph 1? Borrower's envenatots and agreements shall tie otm and scaerai :1ny Ilornnvcr whl,.(. inns this Security <br />Instrument but does not execute the Note fa3 is co- signing this Security Instrument <,r;l} in rnortgage. grant and convey <br />that Borro%cr's Interest in The Property tinder the terra of this Security Inslrument" ibl Is not pers,.nufly obligatcd t„ pay <br />the sums w. cured by this Secuniy Instrument, and let agrccs that t eT 1 Ind any ,,this R„rrower may :agree to extend, <br />modify, forbear or make any acc.Imrnodation, •Aith regard To the !erms of this Sccr.nty Instrumcnt rr the Noi; Nrthow <br />I hat Borrower's con rent <br />12. Lain Charges. If!hc• loan secured bs This Seci:rit% bi,trunwr.t IN suhfe:i r„ a loos a 1n, lI ,ct, rnarimum !ran <br />charges. and That law is f;tially ititrrprerrd so that ilia :ntrra t t:r olhrr Joan h[trgcs „! r.Trel .! !, tx colleru'd In <br />connection with the ilian exceed the IzerITntted hvutS. !hell i,il :u:: such ! „an !mree ,h ;dl nc !rdu.ed hs The mili,un: <br />ucc-_-ssary to reduce The : harge to the lxrnnrted ilrilrt. and (h) ;one sums aireadl „licstrd ir.,m IloftrI,Nc•r a,fitch exteedcd <br />permitted iinws will tx, rriundcd t„ Brrower I cndcr may , hr,n,c n. make :ht, 'china h: cdu'InIc the pnnctp:d 'I..xcd <br />under the %, ,c or by making a dtrc_t paymcn! I,, li:;rrcoNrr 11 a reRUni .:u ;es pal:, rp:r• 'hc rniva[4.m V III t c treated as e <br />partial prepayment without anp pra'l,nsnient iiargr u!"Jer !lie \„!_ <br />13. Legislation Affecting lender's Rights. It etiact!nertl :•r splran:,•. , , ,1,, h.ai,ic law, 'i:is !hc':fled -If <br />rendering any prostston,it the' \,ae,,r this Serum% tmtrurnrnr t.fxt, tmcehlr ,,a:,•ictu, It, firm: I ,n.it -t .it !is optlui! <br />tnay require immediate ,,aymcnt !Ti full Ic ill .urn, sccurrtl i,s Ohl, sr, ,:rav lr,,uuro:,w ens inas .., >Ist .ins rrrncclre, - <br />;oc:nrinied by paragraph l” If I snider ixcr, tsc till, „ptl.,n. I molar shni! I.,e. Tilt ,icp, •p .iron[ IT) the't %iniu paragraph c:1 <br />paragraph 17 <br />14. Nntiee9, AIIy nonce I,, liaar'wcr prncidc•d t„I III :l 1Ca urn 111,1w1cn; ,ha h "2%'Tt hti civ :.ornn IT m by <br />mailing It by first ,lass mail unlcrs ,,ppjj,:ahie !aN trai<arr, u,c 0 ,:n hci int0l,ki III, mars ,hall nc direc!ed !I, lice <br />property Adobes, or an% lher addrel, B„rrr,wr' de,!gnarrs h ., I cndtr Orly u:,nce to Linder ,hall Ix• erscn <br />first class marl [o Lenders address stated herein or are „ihcr enure„ I�endcr .ie- ,!grates ha :wri,e III Bon rower 3n11 nhttCc <br />provided form tins Security In,Irulncr,t shall he desired to !Iaat "ten 0:e11 !„ 9„rr„•Act o-, I c lILIVI N hen kilt;! AS pro.ided <br />in III is paragraph <br />15. Governing La": Scvershility. i his sc:unll 1n,UUrT ;e,I, .!!e!i n• 'o",-Ined I ", +.cderal !au :iii; Th'. lau <br />jurisdiction ui which the Property ;, i,vateai III the seem !coil: an: pr. v ,!.,r. 'r Jaws , t!IT, 4•:u'ITN Ins[rUnient , r tale <br />Noie conflicts with applicable IaN ,ul :h e:,it J'.Ia ,ha11 n•a atfi•.'t :uher tiros :v<,n, „f Ili, Se:uriiy In,trurnen! „r +he \sic <br />which tan he given effect %ith, ?W the :soil. its pn:visr,n I " this c:,,, the p *. .iV,,;I, , ! iii„ tieaus ?ts instrurien! .anti flit <br />Note are dcx-iared to he ,c•a rrahle <br />16. Borrower's Cap). Hormwc•i sh:.Iti be lfaer• ,,tic 1..'I0Wrsc.i u'pa If !hr 's')IV e+ul "I this S c uriry ln,irurncnt <br />11. Transfer of the Property or a Beneficial Interest in llorruwer. it ,til :•r anti pen .I! the I'r„perta IT .uis <br />mterest in it is old or iranst�rre -d (,•r' a Ixnet?culi filter:-,[ xr FiorP: cr :, s,,Id :,, ,r.in,(rlrr,f arc! Rnr,,:urr ;, iv I a natural <br />persexi) N thous Lender', jlnor Nntten content I ender n:av I .., q r. ! •ryulrr nrn,r.i:., r j'au'nt I ;.. !4I!! "I all sums <br />secured ht till, Serums lii,Lrulnertq i {• ;,N eaCr. [i14♦ 0:,I!­) ,hail r„ +1 e srrcne,J ! c I cri &.! it <br />fedcraila%as.,ftheslatsr th „Sccarit, hlsTaurora.t <br />If LettoeresercTSesih! snpn•, n, I.enoer, h. il goo &trro"v! ^,,ti,e,,laaaei,r:iCl:m Ihc:mtt,c,itailp'%IvIdr:iprrn,,i <br />f sot's <..that: +ad�':sfrxnti.a l rTheiLU: e,, dclfsrrect,, rrrt: u{ e, lNten: vvh„ IH, nr„ vt ,r•It..,:I"Itaii.u:mucurr•.1h” <br />ih!s Sreunh Instrument it HiIrri,NCr `.ails to pas Hoc's slim, r'rwr tr, tilt ; x1'•, r:U :,,n of th+, rcvtu i. 1 eosin :n:r, Tn ,osi an, <br />en ;tdre rnuttedtvthisSecsutryinslnmit• ntNrhuut 'IUthrrr.,,ucr:,r,Jrmanal nBI -TI—tr <br />IN. Borrower's Right to Reinstate. If Kifl�'Nrf nio,.a„ertain ,<rn,LU�,I ;s. IIrT,',`NCt s!Ia!? hair Inc- nt:ht t., h.- <br />O'It'rCLITICtit of fill, S. u !t l „vrt iT t ,t K tnnu c .tai, t h, ratll t ,., <br />apta vhf :w rr, I �„ =r ,.t, t- !!irntft •,. • ?tf l .liar, , ^.0 ,. '.� .a. t ,!,r IT,th ", <br />re h Iva! I x ,, r 01 .0 -nl'b . t_ix, rn :f . yon `\. , 1 t o +, , [ I h. J!! i ,... if <br />4 av 'cr 3 I s u "I'l NI Auto I - 9<r t ! S" r f 1 , I ,iJ In -, I ,I t A, ' 1 •,.:,,.., <br />in i t c I t, r n. n,, i , ,, f 7 , 1 V. F„ <br />1� u a -"l r t ,]- a. T ,1 i 1, 1 n,: , , 1 1 , 1 , I m.,I €LT# <br />'­'w n.al.a c ,. ..r. ,, r 11 •'. .tn \ , .TI , a, T T,., acr <br />W <br />