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Home My WebLink About0917 . • . If La~dcr requtrod rr~rt~ge in~unna a a ooaditioa of cn~kin~ t6e lan secured by this Security In:tn?mcnt~ Borrowa :haU pay the pr~emiuma requirod to snaiat~tin tbe inauraaoe in eRect unW :uch tia~e ~a the roquir~nrnt for the iawr~na termiaata in ~coordanoe with H~rro~ver'a and I.ender'a ~nittaa agrama~t or spplicabk law. S. La~pxtja~. Lazdex oc its agent m~y maice raaonabk eatria upo~ aad ia~ecttons of tbe Property. I.enda shaU give Horrower notioe at t!u tuae af or grinr to an iiapxtion;pecit~ring re~eorwbk cause for the i~pectio~. 9. Co~deau~tlo~. The prooeeda of any awsrd or claim for dansagea. direct or oonsoQueatial. in connection with any condaanaNon or ~her s~king of snY P~ ~~~Y• or fo~r ooavey~woe in lieu of oondannation. ue henby aa~~ed aAd sbaU 6c p~id to Laider. In the eveat of a total t~kIng of the Prop~rty. the proooala a6all be applied to the suma aecured by thii Security Iaatrum~ab w?hether or not thcn due, w~tb ~ny cxc;raa paid to Horrowcr. Ia the event of a partiel taking of tbe Froperty~ - ualeaa Borroiver ~nd L,ender otherwIse agrce in aritiag. the suma~ sxured by thia Socurity ln:trumcnt shaq be reduoed by the smount of' the pmoeeda muhiplied by the following fractioa: (a) the tbtal urwur?t of the auiaa aocured immodiately 'befon tbe t~k?ng. divided bY (b) the fiir muket value of thc Property immodlately befon the taking. My balanoe ahaU be Paid to B~rowta'• ' If.tl~e Propaty is sbandoned by Bono~?er. or if, aRtr aotia by Laider to Horrower tbat the condannor ~ers to make an aws.t+d ~ tdtk s claim for dam~ea~ Horrower fiils to r~spond to La~der witbin 30 daya aftet the date the notia is ~ givea, Leader la suthorised to ooUect and a~ly the prooeeda. At ita option~ either to nstoration or repa~ir of the Property or a the wms aocwred by ~thia Securiry Inac~vment, M~her or nat chen due. Unless I.~der aa~d Horrowar otherwi~e ~ra in ~rttting. any applicatlon of pmcxoda to priacipal ahall not ea~tead or Patpo~e the due date of the monthlY P~Y~~ rd'errod W in pm?cagnphs 1 and 2 or change tbe u~unt of auch piymenta. 10. Horeowec Not Reka~ Foebawsoe B~? l.a~dar~ Na : ws~nr. Fa~teasioa of the time for paymeat or modi&xtion. af ~mortization of the auma aecurod by this Security Instruma~t granted by I.tnder to any suocaaor iu interest of Borrow~e ahall not opaste to nlau~e the liability of the original Horrowcr or Borrowec's suc~easora in interest. _ I.wder ahall not be rEquired to oaaamwoe ptoooodiaga ~inst ~ny suceeasor in intereat or refuse to extead time for payment or otherwise modiFy amortiuti~ of the:una~ aecut+ed by thia Security Inatrument by re,ason of any danand made by the originsl Borrower or Borm~ra's suooeaaora in intercst. Any forbearanve by Laider in eacercising aay right or remody ~Wl not be a waivar of or preclude the acerciae of aay right ar remedy. 11. S~rooa~a a~d A~os Bom~ Jotot ard Serenl LdaLiliq, C.o-~sen. The oova~ants sad sg+eanents of thia 3ocurity Inatrument ahsll bind and bea~t the suo~aors and aaaigas of I.endsr and Borrowu. subjoct to the provisions ot'paragragh 17. Borno~ver's oovenants ~nd agc+otmeaa abaU be jo~int and aCVeral. My Bormwer who oa-signa this Socurity in:trumeat buc doea aot execute ct~e Idate: (s) ia oo-~ning this security t,tstr~umenc onty ca mortgage, graat and c~onvey that Borrower'a interest in the Prop~ty under the terms of thia Security Inatrumait; (b) is not PeraonalfY obligsted to paY the aums aecurod by thia Secwity Inatrument; and (c) agrees thut Leader and any other Horrower msy agree to extend, modify, farbeat or mulce any a~onamodations witb regard to tht terms ot' tbia Seeurity Iastrument or the Note without that Horrower's oos~aent. 12. Lo~te t'~ar~a. If the laa~n secwod by this Secueity Instrument is at~bject ta a law ahich sets maximum loan cbarga, ~nd that law is 8nslly intagrtted ao that the interest or other loan ct~argea colloctod or to be oollected in conno~tioa with the losa acooed the permitted limits. then: (a) any such loan charge shall be reduced by the amount nexasary to reducx the chuge w the. permittod limit; and (b) aay suma already capected from Borrowa which exoeoded permitted limita will be refunded to Bosrower. I.endec may chooae to make this -refund by roducing the principal owed under the Note or by msking a dir.ect payment to Borrower. If a refund reduces principal, the neduction will be treated as a ; parti~l pr~payment withbut say prepayment cbuge un~er the Note. ~ ~ 13. L~ AQecdeB La~der's Rig6b. V enactment ar eapiration of applicable laws has the effoct of ~ i readeriieg any pmviaion of the N~te or this Socurity Instrument unenforoeable according to its terms, I.ender, at its option, ' maY require iramediate peyma?t in full of aU su~na socurod by this Security Instrument and may invoke any nmodies pennitted by paragaPh 19. If Lendu exa+cisea this option, Lendet' ahall take the ateps speci8ed in the socond paragraPh of perag~raph 17. 14. Notlca. Any norice to Horrower provided for in this Security Instrument shall be given by delivering it or by cnailing it by Srst elaas mail unless applicable law requires nse of another method. The noticx shall be diroctod to the PropertY Addreas or uny other addreas Borrower designates by notice to I.endrr. Any notice to Lender shall be given by . Rrat claas mail to Lender'a addreaa atatod herdn or any othea address I.ender designates bY aotice to Borrowa. Any notice provided for in thia Security Instrument s2~a11 be deemed to have ban given to Borrower or Lender when givea as providcd in t6ia par~agrsph. iS. Go~sra~ag Lw; S~taybility. This Security Instrument shall be governod by foderal law and the law of the juriadictian iu arhich the Propetty is located. In the event tbat any provision or clause of this Security Instrument oT the Note ~nQ~c~ with applica~le law~ auch contfict shall aat af~'ect other pmvisions of this Security Instrument or the Note which can be given dfect without the conflicting provisi~. To thia end the pmvisions of this Sccurity Inatrument and the Note an declsred to b~ sLweraWe. 16. Horrower's Cop~?. Horrower sball be giv«i one conformdd copy of tha Note and of this Socurity Instrumrnt. 17. Tram~fa oi tbe Property or ~ Bea~~cist Ltera~t ia Bon~owtr. If alt or aay part of thc Property or any inteerst in it ia sold or tnasferred (or if a beneficial intereat in Borrower is soid or xa~ferrod and Bonower is not a natural person) without Lende~'s priar written c~onaent, I,ender may, at its option, require immodiate p~ymast in full of sll sums aecwed by thia Socurity InstrumGn~ However, this optia~ shaU not be exerciscd by L,ender if racercise is prohibited by fedual law as af the date of thia Socurity Instruma~~ If Lender exercisa thia optioa, I~enda ahall give Barrawer notice of aceeltration. 'i'he noticx shall provide a period of not leaa thaa 30 dsya fran the date the natic~e is ddivaed or mailod within which Borrowu mu3t pay all swns socurod by thia Secwity Insfrument. If Harroaer faila to pay theae sunis prior to the expiratio~i of thia period, Lender may invoke any a~amedies permitted by this Security Instrumait without fucther noticx or demand on Honower. 18. Borrow~'s Right to R~tste. U Borrrnrer meets ~aen cor?ditions. Bo*rower ahafl have the right to have ' cnforcemait of this Security Inatrument diavontinued at any time prior to the esrlier af: (s) S days (or such ot}ier period aa ~ applicsbk IaM may apecify f~ reinstttema~t) bet'ore ssle of the PropertY Parsuant to anY powsr of sak contained in this Security Inatrunxat; or (b) eatry of a judgment aaforcin~ this Security Instrumrnt. Those conditions ue that Borrower: (a) psys I.ender all sums which thm would be due undEr this Sxurity Inatrwnent and the TIote had no saxieration occurredt (b) cures aay ddsult af any other coveaaots or ~Oements: (c) p~Ys all expenxs irknrnd in rnfor~ing this Sa~urity Instrument~ iuctudiu~, but not limited w, rea~onabk attorneys' foa;~and {d) takea auc6 sctiaa as I.enckr may rd~so~biy t+equire to ~sure th~t tl~e lien of this 5ecarity Iastrumeat, I.~ender`: rigbts in the Propaty and Bomowa's • oWigi?tioa to pa?y the :uau aecurod by thu Secnrity Instrumait shall oontjnae unch~nged. Up~s re'instatement by Bormwer. thia Security U~strumu?t and t6e oblig,atioeu securod lu~by shaA remsin futty dfxtive a~ if ao aooden?tion hs~d oocurr~ed. However. thia ri~~t w reimtst~ shsl! noc.ppiy in che case vf'socdaaaon w~der paragr~phs 13 a 17. . ~ gooK 565 P~ 9~.9