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If Lender required mortgage 02193 <br />insurance as a con:htrm :_tf rn:aknlg the loan secured b�t1 Securilli <br />Rorrt>wer -1hai1 pay the pr'enniurns required to lnaultaul the -ante <br />111-111- i► eirect until such time as the requ►rementtrfor the <br />insurance terminates In accorda nce: with Borroitker's and l.,l:deCs asritlen <br />agreement or applicable tae\. <br />8. Inspection. Lender or its agent may make reasonable <br />-niries upon and inspections of the Property. Lender <br />shall give Borrower notice at the time of or pricer to an inspection SIvctfying reasonable cause for <br />the inspection. <br />9. Condemnation. The proceeds of any award or claim for dat►lag". direct or consequential, in <br />connection \with <br />ally condemnation or other r:aklng of any part of the Property, or for conveyance in lieu of condemnation, are herebv <br />assigned a„ d sh all he plaid to Lender. <br />In tile event of a total taking of the Property, tilt: proceeds ,hall he applied to the sums secured hv, this Secur°Ity <br />[list fit ttlent. whether or not then dtae, <br />with and excess paid to Borrower. In the event of :i partial taking of the Property. <br />unless Borrower and Lender otherwise <br />agree Ire writing, tilt: sums SC Ured by this Securafy Instrument shall he reduced by <br />the amount of the procc ds rnuifiphed by <br />the following fraction: iii) the total amount of the ~urns secured tnlnlcdi ilely <br />before the taking, tlnutfr(j by (h) the fair market ' alkte of the Property <br />paid it) Borrower. imnnediately before the taking. balance shad he <br />If the Proper €% u-1 abandoned by borrower• <br />or if, after notice by !..ender to borrower that the condemnor otters to <br />make an award or settle a c :l aim for damages. Borrower fails to respond to Lender <br />within 30, days after the date *,he notice is <br />given, Lender is a tit ht n;ed iI) collect and :apply the proceeds, at its opt loll. ell tier to restoration <br />ter repair of the Property or <br />it, the sums secured by tfai, Securely instrurnellt, whether or not then due. <br />I. files-, Lender and Hof rower otherwise agree In wrlrint;, any application. of proceeds to principal shall not exferlrl or <br />pc,slporic the due date of the monthly payments referred to in paragraphs 3 <br />and' or change the amount of such payments. <br />1t). Burrower Not Released: I°orbearance By Lender Not <br />a Waiver. F:xtens►on of the tulle fcIr pavrnemt or <br />modil►t:atioll t)l arnortitat►t,n of the sun's secured by this Securlt\ Instrument by I.entler <br />granted to ally SULCes1t1[" Ill <br />Interest of Btrrower shall nor operate to release file habllit t1f tl,c iOTt�Tlnal I;ltrrOwer ate llt)rrtityer S ,11ecessttr-1 In interest. <br />Mender Shall not he regUITed <br />tta 1.o►T?►Iaettce prot'eedings :against .01% succ,•ssor in ll1!cre%1 ttr rc;fust, fat extend time for <br />pal rnent or t,therwtsc modity amortization of the sums secured by this Sccurlt\ Instrument by <br />by <br />reasosl t�f any tletn:End made <br />the original Borrower or I1;orrower's successors Ili interest. Any forbearance by Lender Ire t xL'rclsing :Bn right ter I- <br />shall 'lot be a waiver of or <br />cnicd% <br />preclude the exercise of all) right or remedy. <br />11. Successors and .Assigns Bound: Joint and Several <br />Liability; <br />than Sccurlty Instrument •,hall hind and henetit the successors and :assigns oCo-signers. cride Fitirriauer P%uhlect ►t i> a,,ionis <br />atj fade pri)\ <br />of paragraph 1'. Borrower's coyc•nants and Agreements shall be lo►nt and several. Any Borrower ea ho, o -signs this Securltv <br />Instrument hilt does <br />riot execute the Note: (a) n to-siening this Security Instrument only to mortgage. grant :and convey <br />that F3t)rrt,wrr's intcrest In the Properly <br />under the terms of tills Securt} Il)struf icnt_ (h) ss nttt persorlal3y obligated to ae <br />the "urns secured by this Securit) Instrument: and ft) aitrces,hat Lender and <br />any other i3orrowtr in;ly :ae!ree to txtr d. <br />that tlTrower's coilsem <br />that& . ti)wcar or make env ;.3ccorrBmt lotions with regard to the ternls of this Security 1, ?sirtinat•nt t7r the Note without <br />12. Loan (`harper. if the load secured by IIIN Securfry Instrument is subject tI) :B law vv hlch ,cis fllaxm)uns boil <br />charges. .and that law is tonally interpreted <br />,o that the interest :)r other lilan charges Collected ter tai he ; :oIIt•crrd an <br />i <?tBt1c'it €on "th the l0Fan exceed the permitted hrimts, ttita la) <br />►1 -1011, '­1.f) j.O:Bll tfB,lra't' ,ii_til ILL' a�,itltt•t,¢ "�, rte,• ,- , ? ;e'lati <br />neccssary to reduce the charge to the permitted limit; and ib) anv sums alreadv collected frotn Iit,Trrawrr which t�xec�Icd <br />p rrtliltcd Itrtilis well ilIC refunded to Iitatrower <br />Fender rna\ '114,osc !tt snake tFns rettitld by reducing the prich e:if t.-ed <br />under tl1C �itite or ►41,' ►)laklt,g :; tltrtf °t pa1'mCnt tee F�a)rrtawt ^f If <br />,E Settintl rCdfUtN'. p)Tine'lp.il, the' rE'rfnC'tiftll will be treated 231 ;9 <br />partial prepayment without nI prepaii, ni charge ur►der the Nttte <br />13. Legislation Affecting Len'der's Rights. If t °n- aerrrl nt ter t�xprratitrn <br />tef :3pphcahlc 3:aws has the eticct c,t <br />rendering alit' provision of the \+ole or this Smurfla 111 %frtltlicril UllcnteeftC:af,3e <br />term :3c <. !'tf ink Et0 it-1 tt ft11 -1, I t ;ntft f.:if its t =pf Itln. <br />h 4'Iflent In full ,sf d31 SEin1-1 src11rcd h,% tills SoLunil. in%tri►ne'll and <br />by <br />permEttrtl <br />Permitted paragraph t►la% in:elke any terinedles <br />I,artlgTaph 11, 61 F.e °rider' exercIscs this .ati?n F t,l <br />p l t T sF:fl <br />paragraph 17 akL tut Se)s sgBCCltict in the ecomt paragraph L <br />14. Notice*. An "1"1- 10 KOrr €awci prtisaded for In iFnS Set. uric% F ►BSfrtBnlL'r1t sha33 he k?1 \L'EI by dell' II ttr by <br />rat.�rt3ng it by first c1:aS4 rttAil tY'lles> aplgrt ;able law tegUart�, <br />&YW ='l anenificr method. Hie notice shall ht-. tjlree tld It, 11,e <br />Properiv Address or :a►a} other address Wrro%kcr klesigrtale% by nt3tEt't' te? I_cftejer'. Aldy ntltlte tti I.etIEICr shall F� <br />heel class snail to l.etlde.t's <br />adaiTess stated herein tit any either :address Iendcr designalt•s by notice to Borrowcr. Any notice <br />provided for fn this Sccurity Insirunl nt shall hic 'tcenled to flaw t cn to borrllwcr <br />gascn <br />In this paragraph. ttr Lrndcr when given as pTt)yujed <br />iS. Governing l a11w; `+evrrabalJi }. I fall s­c:urlty lristrunwrut tit,MtOeel'ttL'd <br />sti:all by tttjl:ral l;aw and flit: law cal pile <br />ltirl- 4..{fEt,:tlt)rY fri whtA:h the Prttpt�ri� is il,t.';iled. if, ,hi' event that and l' }rtRytSirin €3r �f:aU'rt' a0t Ihlti 1et'Urif\ In1Ifl.Int`III <br />�t #tC i >t03ifjEb'tx 4AttI1 21pI,3ataF?le I3w. +r thf° <br />a <br />44iL'Ft :tltifli't Hall rwt :;fli'r't :Othcr pri—slony of fhl'r Sccuril% InStrulllcul "r the Note <br />which t`an Cat g►ybrl effey °t withotit the c:onlifc`lttlg %j%lOfB 11) <br />pros 1111-1 end tilt lvTovi -1laltl!. of 111E-1 Stictltlty inSlrti111e111 :.Bud tile <br />'mote ,are declared to hc: sr►crahlc: <br />16. Borrower's Copy. 14t,rrowcr shall foe givc°rt itne' t:asltfEZrrB ?elf co , <br />i y t Rhea '\oic• and € t fills Secirfty lllStrllrlf;'ill. <br />1 ?. `Transfer ref the Fria <br />u_- <br />interest in it Is sold t.Sr tr:ansferifed�i rt If,arhe:tall�neh+Cl ngerc��± nt)`�rrt -Ill <br />Cl. -1„S1vtltj or tI 1rtSfer spell tftlrril64t'iliStn(tlr : i n:lritl ll <br />person) without i.c•luler's prl,tl` 'Arittela ,a >BB rBt. I cm der fnay, <br />Al pis Option, rt'gUlft' mirnce11,11C l�aenlrnf in full 0 ali suttts <br />sc4'aircd by this Sci:urfly Inslrillnenl. Flowt.vrr, till', t>plli?tf Shall nor fat• h0 <br />vxcitiscd Iclltlell It cXel'A"e B-1 pr�tlnhtfcd 3w <br />federal law a., of the dale of this Sc; utfl\ Flistf luncill <br />. <br />11 F..citdcr exttrciws this ttpt ►crY. I_entjer shall g►\a° I ;t)rralwct B,oiuwe t}f :ICIf'il.r:lifi4n 1 ht nlrlt, c sh:a11 l`rtts !tie ;a Ito rBlttf <br />of rat #t less rhall t+) days from the datic^ Ilie <br />notice Es dell\cred itr trninit•,l w I►hill wlnt:h 1101 otacr 11111~1 pay .til Nuns sic ilrt tl by <br />;f #3-1 1 t °titiQy InstrtErrat ell It 110trowcr fails to tla) these sunl4 <br />pritir ht file e'.Fp iralwil ail tills lte•rfikf, I L'Iitfc.'t iFl;t\ lnertkt,' .ii1A <br />rcrn�Ifctn �:rrn ►tied h} fhia.etYrtty Fnstrurnent wrtfit,ut furtht °r nittlCt• <br />alt de °ttlaaltt ors Ililrrttwt•f <br />Borrower «% Right tip Reinstate. Ff Ise ?rrowcr rnticfs <br />t.,Kttiain tt)ndfllmis, litlfroat•r ,h a31 h,iv, !tie' t,pill it, httt,: <br />till <trarllnf tOf thBh\'ilrtih ifl,ItidttYl nt t.fi itttltilYlafj of ;iii} Ilrtic 1, S.0 Bf?t° <br />ill t°:aF31tr c01 fa) t1.lyS ItOP �itE'ft +111 e'1 fOt'rltttf ,1' <br />JpPlta.AhIC l4W Matt, ate \Bfy ft +t r: °atBSt ittnt "rltj f'�f(irL: ktA" trf Sflk:' PfC�ltq,'$r F, f <br />L <br />l�tfrSit�ii f �* ,tn\ l "rttNt'B . "l 4f ii' €. c`t1f,i➢Ilt'tf in teal~ <br />:taPitb Il ?si ;'y)r$7g;'pit.: +f §hljn,I rl iI .L jf1il;fBlr. 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P a .{ a <br />t- <br />3� <br />