I
<br />6 - 104524
<br />If Lrndcr required mortgage m\UrAiltr at a condition of "taking the loan secuitYl by this Security instrument,'
<br />Itonowcr sh:,!) pay tier premiums required to maintain the insurance in effect until such tunic as the requirement for the
<br />msurancr ternnnatn In accotdancc will, lkirrower's ails} Lrnder s wr llen agreement or applicable law
<br />N. Jaspeetion. Lender or its agent may snake reasonable entries upon sold Inspections of the Property. Lender
<br />shall give Borrower notice at the time of or prior to an Inspection spnrfying reasonable cause for the inspection
<br />9, Cifadeasautioit, The proceeds ofany award or claim for damages, direct or consequential, in connec tion with
<br />any eoudcninatton or office titling of any part of the Property, of for fxmveyance in lieu of condemnstufn, are hereby
<br />suigned and shall be paid to Lender.
<br />In the event of a tilt&] taking of the Property, the proceeds shalt be applied to the sums secured by this Security.
<br />instrument, whether or not then due, with any excess paid to Borrower. In the event offs, 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 prta:v" multiplied by the following fractrtn; (a) the total amount of the sums secured immediately .
<br />before the taking, divided by (b) tire fair market value of the Property Immediately before the taking. Any b&lso a shall be
<br />paid to W rrower.
<br />If the Property is ahandowA by Borrower, or tf, after notice ivy Lender to borrower that the condcrunur offers to -
<br />make an award or settle it claim for damages. Hor rower fails to respond to Under within 10 days after the date the notice is
<br />given, !.ender is authorized to collect and apply the pi- twexds, it its option, either to resuyration or repair of the Property or
<br />to the sums secured by this Security instrument, whether tr nisi then due.
<br />Unless Lender and Borrower otherwise agree inwntlag. any appliiatitni of protcrexts to principal shall not extend or
<br />postpone tore due date of the monthly paynirats referred to to paragraphs I said 2 or change the amount Of such payments.
<br />10. Harrower Not Released; Forbearance By Leader Not a Waiver, Extension of the time for payment or
<br />modification of amorlizaoon of the sums secured by this Security Instrument granicd by Leader to any siicr:csxx in
<br />Juiciest of Borrower shall not uptrate to f eltase the liability td the originals Borrower or Borrower's succcssorrs in interest.
<br />Lender shall not be requfrrd to Lommence proceedings against say successor r m interest or refuse to extend suite for
<br />payment err othrnrise modify amortization tti the sums inured by this Secultty Instruincat try rtasim Of any demand made
<br />by the original Borrower or Borrower's wcxcsstxs in interest- Any Guimarazwe by Lender to exercising any right or remedy
<br />shall not be s waiver of of prelude the exercise of any right or remedy
<br />11. Swctaaon sad Assigad Ilound, JotOt ttsd Several L.iabiBty: Co- tigaera. The covenants and agrecrrimts of
<br />this Security Instrument shall bind and birrscftt tic sucetasors &rid assigns of Unclet And Borrower. subs to the provisauts '
<br />of paragraph 17 tkrrruwer's covatarrts and Agrccmcnts shall be Itylnt acid several_ Any Harrower whoccl -signs the Snurity
<br />Instrument but does not execute the Note (a) is co-signing this Security Instrument only to mortgage, gram tiro crtnvcy
<br />that Borrower's iniciest tit the Pruperty under the terms of ibis Security Instrument, {b) Is not personally obligated Iii pay
<br />the sums sat ureic by this Secunty Instrument, and (c) agrees that lzackcr and airy other Borrrewtr May agree tit extend,
<br />morhfy, lorbear or retake say r:erummod,rtiuns with regard to life terms & this Security Instrument of the Note without
<br />that Borrower's Consent
<br />12. 1.060 C►srges. if the loan I murcd by that Securtty Inurunical is subject to a I" which sets maximum loan
<br />charges, and that law is dually Interpreted so that doe Interest cur other loan .charges collated cir to be colkiLted in
<br />connection with the loin exe:.ttd file permuted linuta. their is) asy such loan charge shall be reduced by the amount
<br />necessary to teducc the chargc to the pciftiitted hmtt, ,cad (b) airy wins Arrady c- olimird front Worrusver which eacceddd
<br />- petrnllicd lufufs will be relurtded to Horrower b -ender only ct"."c it, make this retuttd by reducing the prmictpad owed-
<br />uni>er the Nate or by inAlneg a drat f;aymcnt r J Wxrowcr 114 rerunsi etduscs pfitu:rpad, life feaductirm will be treated as a
<br />.. partial prepayment without airy prepayment i:hafge under the Nute _
<br />Il, Legivatma Atfectiay Leaser'% Right, If etim:tenett or exporaimn of Applicable laws has tore CAcct of
<br />rendering any ptovtston of the'1ulc or .Ili. Setuf'ty Instrument vfuitforeeat>te a+,uordmg to its terms, Ltnder,.al its opfln,
<br />may require imnicdoeie payuttirt in full of all sums soa:.uftd by thra Sauroy Insiroerrval and trial invoke any remcdics
<br />. - permilicd by paragraph N. If Lender cxcrcises flu% option, I.enefci shall take tire steps specified in the sciond paragraph of
<br />paragraph 1?
<br />Id, Notices. Any- nototc re: Fitwro,,,er provided fen ill rhos See urHy Instrumcnf %halt he givcrt by dehsxnng o or by
<br />mailing it by first cfau marl uaics+ ap]dtr,.anfc Saw tegtures use of antxhrr fnethtrt The souse Shalt he duet" eta the
<br />- Property Addrns or ally other adders -s lolltewct deslgnatcs by oftcc to Letidce. Any netuec to I.cndr -t shall be given by
<br />lint elms mail Ile heeler`s adders+ sufcd herrii oe arty igftrr addrela Lendc►de+rgneurs by not a iu iktmiwer Any na tome
<br />prnvr.Teel for ,n this Security InNruniritt shall rte deemexd to cave lice" givtri to Ikxrawcr tit Lrnder wirer, green as lyntyided
<br />in this paragraph
<br />i5. (interning Lew; Seserabdity. This Security Instrument shah tx fov,:rncd by federal law And fhc law iefthe
<br />jurisdiction In which file Pfi•perty is crated !n the rscni that a"y pruvwon err ibsuse to tlfts letunty lnstrulncuf Alf file.
<br />None wnflwit wish app(r: able law, stkh atwftict shalt "oar aL'cct •Ocr p tu4sittns ttl this "wt:unty Itimfumctit of the Nutt
<br />which can be given etlecl withoul thrcottfluting provuuta To th N cad the provisions ofthis Security Instrvmciof and the
<br />Note ore del !&red to he severable
<br />Ifs. Borrower's Copy, flurrower shall he gosert one tirafhyrmed copy Ofthe Note and of this Security Instrument.
<br />17. Tranafer of ifx f•ruperty or a Beaehctab interest to Borrower. If all of any part of the Pro(iefty of any
<br />tnterest in it is veld or iranstcried for At* beuehiial tterest in Borrower is sued or transfericd and Borrower is nut a natural
<br />- - person) without Leader's prior wram" t••t�t. irtoder nt &y, At its iapsnin, require tmmediaic payment to lull tit alt sums
<br />secured by Ito. Security t,tvIrunncnu However. Shan -A.f wt =hiul not tae ecrrctsed by Lrnder if rscrc,w fs p,nyhihitrsb by
<br />Iederai saw as of the date of this Security Instrurent
<br />If Lender cremes this option, I.cndc, shall give Bo rrowrr mutes of acceleration The notice shall provide a pen,rd -
<br />ol not Iess stun Wdays fro", the date the lichee is delivered tit mailed vilh"t which Nttrower rat,i pay all stints secured by
<br />this Securty Instrument if Burrower laths it, pay these sums prior I„ the chfaral,on t,l file denied. Lender may Jnviike any
<br />femnttes permitted by iht%Securely lnslrumem without furihcf noo.e pit acownst sin Fonun,er
<br />19. Borrower's Htght to Reiastalt. If fottowef nicrts cefiaut to utotiters, Witrowtr shall have the light to have
<br />tnrorremeni !,I this %ecurty Instrument disvotrtoaucd At any omit prior to the cattle[ tit fa= ; clays I'll such ollocr pefurd As
<br />appha able law aid) stxcdy for rensaicrneit i hetrur :air a,( Ilse Ptopeti) I.unu.ont to ally trrwer of sale i.+ntained ,n this
<br />Security insiruro-if of IhIentry of A ludgnicuf entoit,mg fills list ditty Instrument IN w tausdru nN are otat l4,ntirwrr
<br />(a) fwtyt I.rotter all tuns h,, It then would hr dur under this 1w.Lurty insitumam Gird the N,qc Itad ao an,1rlt,ti =.a
<br />! >tnf—I Ct,l i. ,. rfi+. shy drlaur of any afber i=ritnow, Of aj4Iremr1.l% 1 = i pAys lit FrtM:t1415i uuutrrd it,, red +.t, Wig t6 ,
<br />seta o lnit!Un KtH in =h =do;K ttul hill belted t.,, "A' nuhfr aftomitys let. ,.rid at, takre ter.h &+Jinn ki 1 —0— mj%,
<br />t eau ".abMv rry011e b. assufe dial Ihr i-A nl this Set urHy Insirunictst. Lensdc €! tail . s„ Nor 0- alowrt s
<br />yxdtgaiwn 1'+ lair !hr ,urns t,, It' , 'w'titlt a' Ihvi n,;rnly,f -,Halt ,ourinuf it,h.,.,re =1 t't� +»
<br />li nr..a rs ,h, fi oof 1ii?1'- ,r-.,, a,u1 ifs
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