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Dr. 004105 <br />I, t rid r r 4 c.ee Irnura :..e as a condition c'. making the I: ,an secured by this SC:u:11 Ilarnl,nen! <br />b r w r st . , ne F r required to maintain the Insurance I:, effect until such time as the rcglnrernenl frn the <br />ns,,rdn, r _, mimic% In acu r,�an,e w I.h Borrower's and L"ende,'s N rinen agreement or applicable law <br />S. Inspection. Lccider or Its agrnl may make reasonable crimes Upon and 111%pectlixls of the Property Lc :der <br />shat! gi, e Borr wer ncr:x at the ume of or prior loan mspec!wn specifying reasonable cause for the Inspection. <br />9. Condemnation. [he proceeds of an: award or claim for dalliages, direct of consequential, rn connection with <br />Ail) :urldcr7ina1ion or other taking of any part of the Property, or for con :cy:utce ul lieu of cundemnanon, are hcrcbv <br />assigned and shall tI: paid le Lender <br />In the c%C'It of a total taking of the Propeny, the pr,cceds %!:all be applied to the sums secured by this Securit>. <br />hither or net then due, with any excess pa,. to Burrower In the -,cent of a partial taking of the Property, <br />unle,s Borr -. >%, cr and Lender e(herwise agree in writing, the .urns secured by this Security instrument be <br />shall reduced by <br />the arnwi:i! of the proceeds ntu!uphed by the following fraction la) the total amount of the sums secured imrncd;ately <br />!)eL,re the lak:ng, dn:dcd hr Ibj the fair market value of the Propert} immediately before the taking. Any balance shall he <br />paid to Bor rowrr <br />If the P:c,.erty a aband'.:aed by Borrower, er if, after notice by Lender !o Borrower that the condemnor offers to <br />slake art a%%ard or settle a clairn f!r carriages, B,,rro At!r fails I,) r'esporld to Lender wit` m, 30days after the date the notice is <br />oil en. Lend: r­ I% ali!honzed to ce.!CC: and apply the proceeds, it its-option, either ro restoration or repair of the Propery cr <br />t,l IhC sunis secured .hy this Sccuriiy Instrument, whether or n;:t then due <br />Unless LcndC: aitd Ba rowel otherwise agree in writing, any apphcation c'i proceeds to principal shall not extend or <br />Post] < tic the due date :.A! the :nr nthly payments referred to In paragraphs i and 2 or charge the amount of such <br />payments <br />ill. Borrower Not "hsed; Forbearance By Iznder Not a %Waiver. Extension of the time for <br />naynient or <br />mild t!i ;air :.in of amonizan.In of the sums secured by this Securl!y Instrument granted by Lender to any successor <br />II: <br />BorroAcr shall :iol opera:-, !o release the Itahihi) of the ,'r:..loa! Itorr,,wer or Borrower's successors <br />in Interest <br />1 ei'oc% shah no; be required Io :, rIMC:'..e prxcedulgs against any successor in interest or refuse to extend time for <br />a\ rric :a or otherwise mcdlfy irr.c;rt :_all :,r: of the Burns secured b•, this Sc:urlly Instrument by reason of any dcn:and <br />made <br />I ,g Ila! B,_ur Acr ;r Bl r c. N c'r's uc es %or; in Interest. Any I,irbcaM;)LC h% 1-ei:dcr in exercising any right cr -cmcd•. <br />awa :,erof or prec.,.:, r.tie.x.. -is cufany right crremedy <br />11. Successors and Assigns Bound; Joint and Several Liability; CI,- signers. The :(, caant% and agrec:ncnts r \f <br />f,ls Sr.ur,l, ]nstrrnent %hail hlnd and FKnrfil the successors and assigns i ender and Borrower, suF, <br />:c: to the 1,r?. dons <br />I B "rr Ner's ants and agreements shall bet -IIItt and s,-. era! Any liorruwer who cu -signs this 5 <br />.cr.ty <br />I t r rice hu d,ws not [xc. [ e N(;tc (al is _o- signing this Scc Line, instrument only to n .,rt gage. gf nt <br />Iha Bo I, Ac ,..,rest it '! [ I . -f . _. Lill d_r I`.e terms If Ili I, Sc,unt) Irnslr• :merit, Ibj Is nut Pcr%6 ra11) ot- 11gu:ed :• <br />the .ums '.rcur•d ` , this Sccur:!_. !lithe :nrnt, and t,:) agrees that I cn,;rr ..Ind a- ollicr Born :wcr may agrcc t, extend. <br />_r 1 akc a!'.1 :1 ; : ;: - ,,.' -IIi a:01 'Cza"'i :c the [Ci ••,\ .., , l� j :i urlty' ins(rl,: :'e :tt ur the N ;C '. :i }i ;' :•; <br />12. Loan Charges. ii :h:. :IC ...., :eJ by the, Scc:liif) In,:, .....:n' ...,, , a !aw -Anich sets Liar <br />, ,,ax:...,.,.. <br />argil., and ..lLl law „ !ir..a:: ::uCri rrud s,I iha! ;he Interest ail :cr :,,,In ,halgcs cekc,:Ied or to be _u!Iccted c. <br />wn'r ::hc i,.;ar, eu,t•el1 ;hc :rn ;!ted i:nr.ts, tticn (a) an, ,. ;h { an ,ilarge shall be i_.luced by the .!I.: un• <br />ccicssa: s t..; icd'u'•c the _! :cite t .hc ' .rut'rd limit, and (h) any <br />;,er!:I:;:Cd IM,11!1 'Al!* !x :rf,.a : :,d ;, li� -r. "wee. [ -ender may .h,, -.uC i. I:akc ilia :,, „rid bj rc :1u_Ing the hi; ;\li'al we :: <br />,..:..Cr me .._ v'; b) -_ i,'.n; ,, . : :,., ,,a•. .ten: I„ Boar :'Ner 11a rc;LI %,,' cd,. -, j'rn! the 7Cdu,,.1., w:!! he !rCatCd <br />,.:!, .. ., <br />a' ,1:.11, ;!large Linde: ' I :. ti,.,,- <br />13. 1 cgisiatiun AiTecting 1 ender'% }tights. if l-11- trill—!.t r\ I: JiI appllcahie haws Etas !lie <br />ur 'IN lr: slr....: cnl.. nc •r.t. :t\_.a'. ;c.i,'..,ding11) :1 .., <br />�•. <br />l,c;:ke <br />', <br />...,. <br />ma. ,.�.., :C ^":r: c, e-r I \ :: -.. '.... ”. -',I; sunk% srcl.-t'd h', rI -. ti'..,n ,',sl•I :u c•nt andlnlc„ a 'C,IC.I.,•�, <br />Is till, till •pU, -a• l c. .lire sh.::..ak: I Ic• e�•s spc:c., . ,u. s�... , \! <br />.- 13. Nut1LeS \,. ,. '.l e:' I't..' !t'u' 11� 1- I.C" s bc'F \ !' h_,• Il h „, t., <br />'C,IL;I;ts ..� _., SII., „_. i,•t, I.,,tI:C 11.,di t` Ihc' <br />-r <br />P ( ,,. .., 1 iroNcr ,;CVK al s'b'. n, .•., ., 1 [... -, dl e , Len JI,,r ,,[ ,.% <br />:.I: - .:, .... , l ec .,.. „ ., r.. `u r. r _-;I, . II er ii, .J,e i ,.,hcr . �_,. s y n „t,,..,, B131; <br />"o” .%:I,, <br />., [, _. . i <br />'ICU ill dCell:cd to A r:i 11,C1 JS <br />15 Governing .lw' \e vl'I "at lilts. l ! ".. \ 1 ,;,` -,men ! b\ .Cd Ci.ti law alld the ! ;I,, A !hr <br />K o- ,It} ist rtci:'sl tt• I• <br />u s L ;L, u: whit' me i l : :.r:, t.cnt .I,al ,1 i _, Jause or Ih :s Sc :l :rl!) I ,sli..n ,at t,: the <br />sha!i riot .I:TC.I ,.I .. .. .,, ,I�s .:I this Irsti. :risen: t�r •r:C ,"!C <br />SC, :Uii, .111 \: i}::' <br />\ .fir. del ..rCd •. tx scsr' . .- <br />16- Burrol.cr's ( op'. Et .. ".v,. ,!laiF he I,Cn .,nc ,. 1.1 •1T!' ":. <br />g � �. ;ilc .ti iln:cl,t <br />ransfer I,I the PropcIty ;r a lie r,cIIcial Interest Ir, Bur row tr. <br />tv' le',.lal Interest .:, 11, r: "e, „s,;J , r !rutsferr.d a'I:1 li, n• w;' I, I'll^ <br />, r.l'.% ..:.ui I eniCr, ; �. gal :r,Cr c•r,.0 : ;t Lcl:dl•r rl:r. a1 :;s 'itl: ;l. r•y1.rC I,:;nu•dlalc 1a }•nrcl In full -I all s.:rr <br />the% opt.,-,' •.'I1 : , he etc .Led by 1 ender - \ :'.isc Is it t':• „C;! l'\ <br />.. ,•I, IJN till (;tied%„ i .!,uSc..ur1:'• I ❑vr,.nent <br />t' 1 f lC ^tCi "' %ls !; I I 1. rl •:t %!1.111 KI%C Boll. Nli l 1 ' •I "civralil rl Ill <br />;nad[ ' N II'•I ` w <br />•- I., Lr rl'Cl !� 1i f At( I I \ 1') a) IhC -.0 sa•IIS tilt• <br />pill!( c ;1,I III , :'I of { % i l: -' l,, I Crider 1 i`'. :l ••. i. ..I`, <br />18 11 rrower s Right to keln%tate. P 11 rr, wc•r cneeis \crU It! - "njill, pis. Bortu'Ner sh,Il !;sic <br />i. 1r 1't'I I . '1111 ( t it ;:1 ) 11`; ;,11 1 <br />�I .' - , tl tit ll fl s ;llC1 •hc 1'r C l 1 Ill •\ `1 l li. <br />a n,l:ll it 'rib !. ♦:, r 1 •rl s , at 1 'N C :. <br />