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92106045
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Last modified
3/8/2012 9:43:41 AM
Creation date
10/19/2005 4:23:20 PM
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DEEDS
Inst Number
92106045
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�r� ' ' _-1 <br /> �y... ' __.v- . <br /> �� • •/v�.... ` �t��..�i-'.. <br /> S..aJfr:. ..".. .. ___� - - ��^^ <br /> T� <br /> �'���� 92— soso�� . <br /> puymenta mAy no lon�er be roquirod.�t the option of l.ender, if mangage insurance coveruge(in the umount and for the period <br /> . that l.cnder requires)provided by on insurer epproved by Lender again beconxs avwllahle wxl is obtained. Borrower slwll pay <br /> the prcmfums roquirad to mafntain mortgege insurence in effect,�r to pmvide a lass rcserve. until the requirement for morl�r�o <br /> insuranvo ends in accordance with any wdtten agreement between eorrower and Lender ar ppplicable law. <br /> - 9.lt�peetiop.Lender or its agent mey meke reasonable entries upan and inapectfons of the Pmperty. l.ender�iwll �ive <br /> Aorrower notice at the dme of or prior to an inspection�pacifying reaconable cwire for thc inspcction. <br /> __ 10. Condemnwtlon. The proceoda of any award or claim far dwnages,direct or rnnseyucntial, in co�nection with any <br /> :,�:� condemnation or other trking of any part of the Ptoperty.or for conveyance in lieu of condemnation, ar�hereby esai�irod and <br /> c{wll bc:paid to Lender. <br /> �� � <br /> In Ihe event of a tWal tuking of the Property,the proceods ahall be applied to the suma secured by this Security Inxtrument, <br /> — whether or not then due, wlth any exoesa puid to Bortower. In ti�c event of n purtial taking of thc Propeny in which thc fair <br /> = --°---- market value of the Property immediately before the taking ia equ�l to or greater than the amount of thc sums secured by this <br /> Security Insuument immediutely befare thc toking.unless Bonower and l.ender othenvise agree in writing,the sums secured by <br /> -� this Security lnstrument shall be reduced by the amount of the proceeds muldplie� by the fiillawing fraction: (a) the total <br /> -- - - -�� amount of the sums secured immediately before the taking, divlded by(b) the fair market value of the Pr�perty immediately _ <br /> __-— before the talcing. Any balancc shall be paid t�Borrower. In the event af a partial takin� of the Property in which �he f�ir <br /> � market value of the Praperly immediately 6efore the talcing is less than the nmount of the sums secured immediately before the <br /> - taking. unless Borrower and I.ender otherwise agree in writing or unless applicable law otherwise provides, the proceeds shall <br /> - be applied to the sums cecured by this Security Insirume�t whether or not the sums are then due. <br /> - ��_� If the Property is abandoned by Borrower. or if.after notice by Lender to Borrawer that the condemnor offers to make an <br /> he notice is iven, <br /> 0 er the date t <br /> da s aft <br /> o Borrower fails to r nd to Lender within 3 � <br /> _ award or settle a claim f r damages, espo Y <br /> _� ��'�"-�""`'`i'�"� L.ender is authodzed ta callect and apply the proceeds.at its option,either to reytora�ion ur repair of the Property or to the sums ° <br /> -it�"it .�::i'ry`�•,t�� <br /> �. �,. ,_,_t`_� securcd by this Security Instrument.whether or not then due. <br /> ��,+�_-:,�� Unless I.ender end Borcower otherwise ugree in writing, any applicution of prace«ls to principal shall nat extend or <br /> �,�,t,�.,,�,� postpana the due date of the monthly payments referred to in paragrephs 1 and 2 or change the amount of such payments. - <br /> — .�_r���� 11.Bomowe�Not Released;Forbearance By I.ender Nat A Walver. Extension of the time for payment or modiftcation <br /> �_'•±�-�r'�� of amortization of the sums secured by this Security Instrument granted by Lendar to any successor in interest of Borrower shall <br /> ,��•�+:.�-. . .w=- uut uperute�u�elaas�U�r liabillty of A�e originul Dorrower or Borruwcr's successors in intcrest. Lcndcr shall not be required to �- <br /> �,�,��' commence proceodings against any surcessor in interest or refuse to exrend time for payment or otherwise madify amonization <br /> —�� �Y:, ' of the sums secured by this Secur�ty Instrument by reASOn of any demand made by thc original Borrower or Borrower's <br /> '' _..g��M1 successors in interest. Any forbearance by Lender in exercising uny right or remedy shall not be a waiver of or preclude the <br /> ,��� euercise of any right or remaly. <br /> +- 12. Suc��esso�s s�ad Assi�ns &,umi;3uini ri.d Sere.��i Li�biili3; Co-signers. Thc �avct�ants and agreesneat°.of this <br /> �_;�►;�°:-:::;y-_�..i�a: <br /> ` �. ��.;��, Security lnstrument shall bind and benefit the successors and assigns of L.ender axl Bnrrower, subject to the provisions af <br /> "' '"� puragraph 17. Borrower's covenants and agreements shull be joint and several. Any Borrower who ca-signs this Security <br /> ��.� :�• • - <br /> �=�F��" • ' Instrument but dces not execute the Note: (al is co-signing this Security Instrument only to mortgage, grant and convey that <br /> ``�'��: '`:' Bonower's inserest in the Property under the terms of this Security Instrument;(b)is not personally obligated to pay the sums <br />
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