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88._ 105460
<br />. <'t
<br />If Lender reyuircil mortgage utsuralice As A condition of making the loan s(xurcd by this 5ecunly Instrument,
<br />in until such time as Ibe reyuirctneml for the
<br />t
<br />Burrower shall pay tlee prctmums rcyuired to maintain the insurance efTeel
<br />1n ac with Borrower's and Under wntien agreement or applicable law
<br />insurance terimuiales
<br />•, lospectfan, Lender or its agent may make r'easongbk enittcs upon acid mspectionx of the I'ropeny. Lender
<br />shall give Il(xrower notice at the time of or prior to an inspection specifying realuonable cause for the inspection.
<br />for damages, direct or consequential. in connection with
<br />!. Coockleaaatisn. The proceeds of any award or claim
<br />condemnation or other taking of ray part 01i the Property, of for coovcyance in lieu of condemnation, are hereby
<br />any
<br />assigned and shall be paid to Under.
<br />In of a total taking of the Property. the proceeds shall be applied to the sums secured by them Secunty
<br />the event
<br />Instrument. whether tie not Then due, with any exco a paid to Borrower. In the event of a partial taking of the Property,
<br />by this Security fnstrument shall be reduced by
<br />unless Borrower and Lender otherwise agree in writing, the sums secured
<br />multiplied by Otte following fracnarr (x) the total amount of the wens secured immediately
<br />the amount of the proceeds
<br />before the taking, divided by (b) the fair market value of the Property immediately before tiro taking. Any balwuc shall be
<br />Paoli to IhNr(/wer
<br />If the Property is abandoned by Borrower, or if. after notice by I.xtder to ti(Irruwer that the contlemnur offers to
<br />30 days after the date the notice is
<br />make an award or settle a claim for damages, Borrower fads to respond Yo Lander within
<br />to MI Action or repair of the I'ropeny r r
<br />given, Under is authorized 10 collect acid apply the proceeds, at cis option, either
<br />to the sums secured by this Security Instrument, whether or not then due
<br />agree in writing, any application of pnoccetis to pnncopal shall not extend or
<br />Unless Lender acid Borrower otherwise
<br />the due date of the monthly payments referred to of paragraphs I and 2 or change the amount cd such payments.
<br />for or
<br />postpone payment
<br />td. Narrower Nut Rlekased; Forbearance By Lender Nut a Waiver. Eittension of the time
<br />of amortization of the sums securcd by this Sccunty Instrument granted by Lender to any successor m
<br />modification
<br />mitred of Borrower shall not (operate t(o release the liability of the ongtnal lklrrowcr or Horruwer's successors u, interest
<br />in mtcres, or refuse to extend time for
<br />Lender shall not be required fo conitnencc proceedings against any successor
<br />of the sums secured by this Sccunt y Instrtmnent by reason of any demand made
<br />payment or otherwise modify amortization
<br />Borrower's successors in interest. Any forbearance by Lcuder tit excressutg any right or remedy
<br />by else original Borrower or
<br />shill not be a waiver of or prer9ude a he exercise of any nght or remedy
<br />The and agreements of
<br />il. Satmetten and Aakpi Bound, J0111911 and Several unbility; Co-signers. covenants
<br />Lender Borrower, subject to the provisions
<br />,his Security Instrument shall bond and benefit file succcsxlrs area assigns of and
<br />shall he point and several. Any Borrower who co-signs them SO-uney
<br />or paragraph I I Borrower's covcnacits and agreements
<br />eaecute the Noce (a) is co-asigning this Securely Instrument only to mortgage. g rant and convey
<br />�
<br />Instrument but tdoa not
<br />that BortoWer s interest let the Properly under the terms o(tho CcCunly Instrument, (b) Is not pct sonally obligated it) pay
<br />Bttrfowcr agree to extend.
<br />w. -.
<br />the sums secured by this Security Instrument, and Ic) agrees that Lcndcr and any other may
<br />Iho, Sccunly 111s1lutoci {l or the Note without
<br />"fly, hxbrxr or make any &CLomnlotlaUuns with regard ill the lcritts of
<br />that Bur rower's consenl .
<br />IL tasaa C tire". It the loan %inured by this Sexuri,y iMIrurtlenl Is subject to a law wbICII sets maximum loan
<br />charges, and that jaw is finally moerpreted so that the interest or other Wan charges collected or to be collected Ill
<br />(A) ally such loan charge shall he rcdacel by the amount
<br />conneCtntre Willi the Wan eat.ced the permnt"d louts, then
<br />the: limn• And (b) any sums already collwed from IWrrower which exceeded
<br />necessary to reduce the charge to pertncieed
<br />limos will be retundcd to fkxrowet Lender may chlxnc to makc this rc(uod by reducing the principal owed
<br />petmltacJ
<br />under the Nate ter by making a direct laymcht w Borruwer if A relun reduces pier opal, the reduction will be treated as a
<br />prnul prepayment without any pfcpa)ulcnl t.11afge under the Mole
<br />tern laws Leer the effect ill
<br />13. t.elsialaliw Affecting lender's KYgbb. It cnxlmcut or expuauou of
<br />I., its
<br />rendering any ptovisun of the Noic of this Security lnstrumcnt unccilurlcaillc eatordoig oti its Tenus, Lender, at its uputin.
<br />full of All sums ucured by thi, sctull{) Inslrunlcul did may invoke an) renlral/es
<br />:
<br />may reymre /mmcdlate paymcnt in
<br />permitted b) paragraph 19. If Lci dcr cxcrvlscs iiva optic`". Lcndcr shall Irks the stelro spcLlhrd ill the second par:ug(Aph of
<br />paragraph 17
<br />H. Notices. Any notice io ihlrruwer provudrd fill it iht, Sct unl y instrunlrttt .hall tic given by th'"t-nog a of by
<br />i he m,leac shall tx' (htneed to Lite
<br />mailing ,1 by lied class mid ulrlc+s appllwhir law rrywlrs use of Anolhrr tit, th —I
<br />Borrower dolgnates by hotlte to Lrlldc•t Any t01ILC to Lender shall tit- glvro by
<br />Property Address or any other address
<br />first class mail to l cndef•s address stated hereon or any tit her adobes" Lcndcr JcvFnalrs by noocc hl Borrower Any notice
<br />Btit iowcr or lxndcr when given as provided
<br />provided for In this Security InslrulnCrit Shall be deemed U, lea \r heck give!, it)
<br />in Ihes Paragraph
<br />15. Governing Law; Sesersbelity. This seclemy In\Irumctl shall he govcntrd b) federal taw and Ihr law of the
<br />ihl, \county It Utoncto or the
<br />jurtsdicutm of which the Property is Iccated lit the ivied that join ptovlsxal of (IAu,( ill
<br />of I111% Srcunoy 11"trunlent of the Note
<br />Note I:nnflicts with appliLable law, such cnnthi-I shall tier affect other provisions
<br />To this cold the pn,vnlons of tills Security Instrument and the
<br />which car, be given effect without the connecting provision
<br />Note are des tared to be severable.
<br />16. Borrower's Coley. Burrower shall be gloen one conformed copy of the Ne>tc and of this Security instrument.
<br />17. Trwter of the P1nI11erly fN a Ifenchcuil lalerest in Borrower. if all or any parr of the Property or any
<br />And Borrower is not it natura)
<br />interest In A is sold or Transferred tar d's benellco&I ottcrest in &N rower is +old or IfansferIcd
<br />Lender may, At its option, reyutre immediate payment In lull ill all sums
<br />Person) without Lender's prior written consent.
<br />secured by this Security Instrument However. Ihes option shall till he exertased by Lcndcr at exercise 1s prohibited by
<br />federal law as of the date of ibis Security Instrument
<br />If Lender taercises this. option. I.en dot shall give' BPriowcr rl(lllt:f llf a(L'cicfalNln The mnta'e s11a11 pf(1a'1de :1 pell(xd
<br />of not io than 10days fr(Nn the date the no use let delivered or nailed within which lh aruwer must pay ads sums secured by
<br />to 1be expiration of this peso d, Lender may Invoke any
<br />this Set uruy instrument If Borrowct lots In pay these sums pnor
<br />permitted by this Security Instrument without lurthcf nottar to cfrnland t,n Iturrtiurr
<br />remetlits
<br />Ile. (lorrmrer'a might to Retasitale. It Met rowel nnrf IN Leftfor u,nd. cAlli Il.,rn,,v5,(lUh•slImY UlhtolhrttJwrual a,
<br />lnstrumcnt desconUnued a1 any 111114. pnor lit 1;1c oairher of ter) ) t
<br />Mfixcnnent oil This Security
<br />appinabir law may specify for resustatcfnrmd Wolf: soak s/f the Properly purSuanl to Ally (Nlwcl tit salt cnnomurd lit this
<br />111,1W tottulIoont are 111:11 lit ifnnv4r
<br />SCCUr,ly instiUfrKnt. tr (lit emit' ftf'a )ndgmrm Creforc,rig this Set ill,,V Ills,rutnrni
<br />he due under than Security in%tiumenl and the Note had to acarterauun
<br />feel pays lender aN sun,% which then would
<br />(bl cures any drfaull of any (titter r„vrmalt!► Y`ir a iCenYrIN♦ (1) Pay\ All rl(N'll \('t In, t{rrt11 in ,o t- sing ihi+
<br />h Won ns I ender titer)
<br />jW.f,wried. w,
<br />die(.uftl'r fntltunl4r+l. Inciu(hlrj,, but floe hfn11e(t Itt, fCaMlArhtr xilnrne ys errs ,uul S�II I,i t. ra wt
<br />security Ihtstfunleu, ixiider', r,ghl, it the Prol,rrt) Au.l Nil newel 1
<br />rcawatahty re+tuire to aswrr that file lifl, of the
<br />the sums w,orril by ooN ,r,4D1ty fastnlmrrd shall .onumlr ufl(ti,,npnt 11,on tcnnealrinrnl by
<br />11Ud
<br />uf/it(,Alntn fa pry
<br />j /lewd! !tll't'f[c "fig y I „serVroefle l$%d ihr.,ldl}dll,t /1a Nct.offil hrfehr ,11.111 trnf.11rt It,II) clip, It,r ds ll nl, A,lrlrlAll.,r
<br />--1,1 It.,..tli It,.
<br />,..,, t.,.. 11 re ,rf ihn itt}fiil,.n °o.,i.r1[,hdll tad aj•t,l, in ti :r,. +.r.,1.,,,.hr :,, ��1 qk',
<br />
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