1
<br />104831
<br />If Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument,
<br />Borrower 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 Borrower's and Lender's written agreement or applicable 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 reasonable cause for the inspection
<br />9. Condemnation. The proceeds of any award or claim for damages. director consequenial. in connection with
<br />any condemnation or other taking of any part (if the Property. or for conveyance in lieu of condemnation. are hereby
<br />assigned and shall be paid to Lender,
<br />In the event of a total taking of the Property. the proceeds shall be applied to the sums secured by this Security'
<br />Instrument, whether or not then due. with any excess paid to Borrower, In rite event of a partial taking of tfx 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 procredc multiplied by the following fmLlion: (a) the tonal amount ofthe sums secured hitttrediately
<br />before the taking, divided by (h) the fair market value of the Property immediately before the taking. Any balance shall be
<br />paid to Borruuer.
<br />If the Properly is abandoned by Borrower, or it after notice by Lender to Borrower that the Condemnor otters to
<br />make an award or settle a claim for damages, Burrower fails to respond to Lender within ;Odays after the date the notice is
<br />given, Lender is authorized to collect and apply the proceeds, at its option, either to resfora[ion car, repair c >f the l?rnpecty'or
<br />to the-, ums Secured by this Security Instrument. whether or not then due. :
<br />Unless Lender and Borrower sit herwise agree in writing: any application of proceeds it) principal shall not extend or
<br />Postpone the due date of the monthly payments referred to in paragraphs 'I. and for change the amount ofsuch payments.
<br />10, Borrower Not Released. Forbearance By L:mder Not a Waiver, Extension cif the time for payment or
<br />modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in
<br />interest of Borrower shall not operate to release the habiliic of the original Borrower or Borrowers suci-zs m in interest,
<br />bender :hall not he required its commence proceedings against any successor in interest of refu e,to extend rime for
<br />payment or otherwise modify amortization of the sutras secured by this Security instrument be reason ctfany demand made
<br />by the original Borrower or Borrowei s successor in interest. Any forbearance by Lender in exercising arty right or remedy
<br />shall not be a waiver offer preclude the exercisc cifany righter remedy.
<br />III. Successors and Assigns Bound: Joint aid Several LiaMity. CO- siguers. The covenairta and agieenrents of
<br />this -Security Instrument shall hind and benefit the successors acid assigns cif tender and Borrower, sub*t to the provisions
<br />of paragraph 17. Borrower's covenants and agreements shalibe .11unt and, several- Any Borrower wh cta- signe this Security .
<br />Instrument but dries riot execute the Note (a) is so--,signing this Security Instrument only to tn,+zrtgage, grant and vcirtvey
<br />that BorroiA er's interest in the Property under the terms cif this Security: Instrument: th) I, lull personally obligated it) tray _
<br />the stints secured by this Ses;irnty Instrument, and (ci agrees that tender and any father Borrower may agree lei extend,
<br />modify, forbear or nrakt, any acannnitd iticuii with regard to the terms of this, Security Insifurn tzr car the ore wrftic tit
<br />that Hortower'sconsem, -
<br />12, Loan Charges. if the kiln wNurid by this 5t,:urity instrument r+ suhfcct to a law which sets maximum loan
<br />charges, and that taw -is finally utterpmted -xa that the interest fir other loan c- harge% collected or tE� be -c-o €tested in
<br />coma ivtn with the Ivan etcOed the Permitted limits. then- ill) dray Such loan charge shall be reduced by the amount
<br />necessary to reduce the charlic to the permitted limit: and flat arty sFunvs already coilected From Borrower.wT ich exceeded
<br />permitted limits will be refunded its flor, ower Leader may choow to rnAe this refuted by rr- diteing tire- :prurcipal owed
<br />under the Noic or by making a direct payment to Borrower. If a refund reduces principal, thrreductivin will be Ireired as a
<br />Pat---! prePaymint without any prepaWment charge under the '4citt-
<br />M Legislation Affecting i.eader`% Rights. If etwici eat or expiration of applicable laws has the t-041 'n
<br />rendering any provision ofthe Note or this '; . Orley Insbtrumvirtf unenforceatsie acoAlyding to its terms Lender,_ a cis oltritn),
<br />may require immmiiatc payniem in ±tail iii Ill virrts sea nrtct by this Socurary Instrument and may in"e, any remedies
<br />Nrmtited by paragraph 19 If.Lender exercises this option, I.,aadershalf take the steps specified in the second paragraph of
<br />paragraph 17
<br />14. Notices Anti notice to furrow er provided for in this Security Iris,rumecn shall he in, rn by _deli,ernot it t>r in
<br />mailing it by first class mail unless applicable law rc4un -cs use rot' arvolher radhod- The notice shall be direced to the
<br />Propery Address or any other address Borrower designates by notice to Lender - An% notice it) Lender shall he given by
<br />first class mail to Lender's :address ,tated herein rr any° other address > ender dcsignatn by notice tr? i3rxrr€iwet, An ntnt_ c
<br />provided for tit t his Security Inso um�u sfrtill tie deemed to have her.�rt given f r, Borrow -er or Lender when given as provided
<br />in this paragraph-
<br />15. Governing Law. yeverahktit}. ihts Securuy Instrunterit snr ll tv. 40 c^rticd by i -dcral law and the law'�l the
<br />jurisliico,xi in which the PropCrtr is located In the event that airy p€Ol,lluwror eltusc of thus Security Instrument 'or the
<br />Nixs cunfhcts waft apPh,cablc law, such c=uillict shall not affevi r,thcr pro, tai tu, of tlalx Sccunty Instrument or be ' o!.+
<br />which cart he gisell effect uuhout the cruiti' r;ag pro%csitrn, rr chi +eadthe MA-* i,ottos cif iliis Sesunt itistitu'rii;ut aria tine
<br />4t>tc are declared io iv sevrrairle
<br />Its Ifor=aswer's C�`ctpy. Blurt, er ,hall Pe gl' e❑ cone ti.'nfnrrnezl':oV) <x the N"le and Hof ttni ;e urrt.
<br />17. Traasfer of the Property ur a Beneficial Interest in Borrower, If 111 of any putt of tilt P pert; ov in)
<br />interest in it m scald of U anmfetted for if a bcnefictal intctest in t;r_l rowcf. "s saki or t,a,i,terre„ ;rat,d l3 r,twcr 4- n' , s reuc,ral
<br />Nrsirri) w lihoui L.coder'c prior wrntcu Consent, Under inay, at its :ption, requir'c +rnmedtafe paymctat ai full Of ixti sum,
<br />_ - -
<br />secured ta-r this Sc unty instrument.- lttaweyer, thrs opuou ;.till' not be ckei,i�cd fyY Lc'.Fidtrt if i`.xelk;iiG t4 err +ahtb'itLli. lrti
<br />IC.r+atl 'A :sc'thedateolthisSiaurity liistrumeat,
<br />If L. lids'! exercises this optlon, Lender shall gtye flo.rnswer rt.air t ofS eftrutt tit, Tlie citrtice shslf prtFaids a { e.a,_rt
<br />Of 'Wt tell than ai dais trorn, the dAtc tier notice ts dells ered or nlailed within which Bir,rramer tit lot pay all sunrs.r ti atet3 it
<br />this Security In%truntem, It B otro%er fatly tc. pay these suns pt to the eapiratutn e' tins t�ic+d. I_enZ uiay eu ,ra e �_tty
<br />remeiites Iictrmtted by this Sec urn y Instrument without furi her not iCe lit ' demand vier II trfuwer
<br />IS. 1lorrowWtl Riot tit Reiastate. ff florroacr meet', Certain omtdition,. liarrowcr +hall ha ,c oK lighf sF hive
<br />cx':ftyryunttcnrt ,i6 t,Exas Sea,'urity In>titrixina�it diy,,.intintird at airy tonic lrrasvr rrz tlir car face ref. tat .. stay s tr,i .t.,i , t;,a t !*�riaxi.i
<br />a{ �tva3rd ;r lave rat;;} rltsv iE'y care retustatrtnentl ixl3 tc site ,ii thc No•�:rtc pittsutant t._i ally ra„uca .0 s lit ,.,rrrcaar r i t� th,*
<br />-Sa ,tolty llistrrt rat otir #bl .nor= ad a ludgnreiit t'ittt =t,rryg Chic titi,errtt lnstau ytcnt llnroy .,indxtttsics it that 4.rr. :w,r;
<br />ta) pal+ l.+`rrwer sit ,utny .ihrch chiral w,�.,iild to Clue iirtdcr this Sc�urtty 111sttutnrrit ord thq No*V had .ni,
<br />ost isrt"'t delautt nook MhO tiiry: >ruatts eir agtt sridnt, 4., y «,3I ra�ai. , rr, urriai art cttf xttr rt,?
<br />ecuxai4 lit t iia. r,a. in, Sac sag- hilt next icnwkA try. ieaw rnabic ati.arrry ` it- "r, and id) t eke +_ sirh .i'lwla as I fri o",
<br />era itiaft ,i.ilrc JCL as +ter;:' lij.,Al t €iC !"tn „f titte'w'unty liiururry n-' l.ri�Jrr "...flats Olt 11rr,tb it
<br />lets,. > = <>_iu =Tit ,t ➢tfa. tsa ley !hi%
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<br />"'A rli , itlj nr t, ,tail rirtii,r, i�.,
<br />tt,i„e ..i,r
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