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�� —�t � � 0 ------ �o-' �0 Q�4� � lf Lendes requir�d mortgage insurAnce ns a condition of making the loan secured by this Security Instrumet�t, Borrower shall pay the premiums required to maintain the insurance in effect unti!such time s�the requirement for ihe insurance terminates in accordsnce with Borrower's and Lender's written agreement or applicable law. � 8. Yaspeetioa. I�ender or its agent may make reasonable entries upon and inspeciions oi the FropCr-iy. Ix��de� shall give Borrower notice at the time of or grior ta an inspection apecifying reasonable cause for the inspection. 9. Condewaation. Thr proceeds of any aaard or claim for damages,direct or consequential.in connection with � any condemnation or other taking of any part of the Properiy, or for conveyance in lieu of condemnation,are hereby assisned and shall be paid to Lender. ln the event of a tota!taking of the Property,the proceeds shall be applied to the sums secured by this Security Instrumtnt,whether or not then du�,with any excas p�id to Borrower. ln the event of a partixl taking of the Property, unlas Borrower and Lender otherwise agree in wridag�the sums secured by this Security Instrument shall be reduced by the amount of the proceeds mnitiplied by the following fraction: (a)the total amount of the sums secured immediately before the t�lcing,divided by(b)the fsar muket value of the Property immediately before the taking.Any bnlance shall be � paid to Borrower. If the Preperty is abandoned by Borrawer.os if,atter notice by Lender to Horrower that the condemnor offers so make an awud or scttle a claim for damages,Borrower fails to respond to Lender within 30 days after the date the notice is given,Lender is suthorized to collxt and apply the proceeds.at its option.either to ratoration or repsir of'the Property or to the sums secured by this Security Instrument,whether ar not then due. Unless I.ender and Borrower otherwise pgra in writing,any application of proceeds to principal shall not extend or postpone the due date of the monthly payments referrod to in pAragr�phs 1 and 2 or change the amount of such paymrnts. 10. Horrowu Not Relea�ed; Forbearana By Lender Not � Wd�er. E�tension of the time for payment or modification of amortizadon of the sums secwed by this Secnrity Instrument granted by Lender ta any successor in interat of Borrower s�hall not operate to release the liability of the original Borrower or Borrower's succasors in interest. Lender shall not be required to commence procadings against any successor in interat or refuse to extend time for payment or otheraise madify amortiution of the sums secured by this Security lnstrumbnt by resson of any demand made by the original Borrower or Borrower's successors in interest.Any forbearance by Lender in exercising any right ar remedy shall not be s waiver of or proclude tht oxrteise of any righi ar resn=dy. . 11. Sticoa�ors and Atd�s Boaad;Jotat aad Se�erd Iaablltty;Co-ai�rs. The covenant�and agreements of this Socurity lnstrument sha�l bind and beneat the successors and assigns of Lender and Horrower,subject to the provisions � ' of psragraph 17.Borrower's covenants�nd agraments shall be jo'snt and several.Any Borrower who co-signs this Security • Inswmtnt but does not execute the Note:(a)is co-signing this Security Instrument only to mortgage,gant and convey , - . that Borrower's interest in the Pmperty under the terms of this Security Instrument;(b)is not personally obligated to pay � tbe sums secured'oy tpis Securiry instrument;an�(cj agreas that i.enQer ana any otner Borrower may agrex fo exiend, i.-t:_ modify,forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without - that Borrower's consent. 12. Lo�n C9urges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan ;;_ chuges, and that law is 6n�Uy interpreted so that the interest or other loui chuges collected or to be colixted in - _ connection with the loan eacee�the permitted liraits. then: (a) any such loaa charge shall be reduced by the amaunt _ necasary to reduce the charge to the permitted limit;and(b)any sums already collected from Horrow�r which exceoded : — permitted llmits aill be refunded to Borrower. Leeder may choose to make this refund by reducing the principal owed �� under the Note or by making a direct payment to Borrower.If a refund reduces principal,the reduction will be treated as a �'! pardd prepayment without any prepayment chuge under the Nots. . • 13. L�islatloo Af�ectin� Lender'e Ri�hb. If enactment or expiration of applicsble Iaws has the effect of rendering any proyision of the Note or this Security Instrument unenforceable according to its terms,Lender,at iu option, t may require immediate payment in full of all sums secured by this Security tns!rament and msy invoke any remedies � pw�mitted by psragraph 19.If Lender eaercises this option�Lender shall take the stops specified in the second paragraph of � P�B�Ph 17. � 14. Notiiica. Any notice to Borrower provided for in this Security Instrument shall be givtn by dtlivering it or by mailing it by first class mail unless applicable law roquires use of another method.The notice shall be directed to the �� • Property Address or any other address Horrower designates by notice to Lender.Any notice to Lender sha31 be given by �� first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower.Any notice provided'for in this Security Instrument shall be damed to have ban given to Bonower or Lender when given as provided ' in this para�raph. iS. GqferaL�Lw;Se�erability. 1'his Sxurity Instrument shall be governed by federal law and the law of the � jurisdiction in which the PropeRy is located. In the event that any provision or clause of t,his Security Instrument or the Note conflicis with applicable law,such conflict shall not affect other provisions of this Security Instrumsnt or the Note whicb can be given effect without the conflicting provision.To this end the provisions vf this Security Instrument and the Note are declared to be severablt. 16. Horrower'a Copy. Borrower shall be given gne conformed copy of the Note and of this Sxurity Instrument. 17. Tran:fer of the Property or a Benefl¢isl Interest in Borrower. 1f all or any part of the Property or any inttrest ia it is sold or transferred(or if a beneficial interest in Barrower is sold or transferred and Borrower is not a natural person)without Lender's prior written consent,I.ender may,at iu optian,require immediate payment in fu1)of all sums secured by this Security Instrument.However, this option shall not be eaercised by Lender if cxercise is prohibited by federal law as of the date of this Security Instrument. � If Lender eaercises this vption,I.endrr shall give Borrower notice of acceleration.The notice shall provide a period r=-==-=--- of not less than 3b days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by ' this Sesurity lnstrument.If Borrower fails to pay these sums prior to the expiration of this period,Lender may invoke any � remedies permitted by this Security Instrument without further notice or demand on Borrowcr. � t�.�r:�s►rr�'��wt r�t��n.*., tf P�ne4vsr mstts ce A�n cQndis'sans, �orrow•r shA�l heye th�righr to have � . - ��, enforcement of this Security Instrument discontinued at any sime prior to the earlitr of: (aj 5 day5(or such other period as applicable law may specify for reinstatement)before sale of the Property pursuant to any power of sale contained in this 7 L Security ]nstrument;or(b)entry of a judgment enforcing this Security lnstrument. Those conditions are that Borrower: (a) pays Lender all sums whiCh then would be due under this Security Instrument and the Note had no acceleration ��' _� occurred; (b)cures any default ef any other covenants or agreements; (c) pays all expenses incurred in enforcing this � 5ecurity Instrument, including, but not limited to, reasonable attorneys' fees: and (d) takes such ection as Lender may t� _�`, reuonably require to�ssurc that the lien of this 5ecurity Instrurreent, Lender's rights in the Property and Borrower's �i , abLgation to pay the sums secured by this Security lnstrument shaU continue unchange� Upon re�nstatement by �� +�j { Borrower,this Security Instrument and the obligations secured heteby shall rema�n fully effecu�e as if no accelerat�on had �� •- b; occurred.However,th�s nght to remstate shall not apply m the case of accelerat�on under paragraphs 1:��r i 7 �` �i i.. �t``r � � {�t�� �r,! e .1tG�. ''��r.j�� `. +��+,: i�. t . f�,.