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i• 'F J. ,r L 101068 If Lender required mortgage insurance as a condition of making the loan secured by this Security Instrument, Borrower shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the insurance terminates in ac cordaace with Borrower's and Lender's written agreement or applicable law. S. Irttpsetba. Leader or im Went may make reasonable entries upon and inspections of the Property. Lender shall give Borrower notioeat the time ofor prior to an inspection specifying reasonable cause for the inspection. 9. Coatdemostim The proceeds of any award or claim for damages, direct or consequential, in connection with any condemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender. In the event of a total tatting of the Property, the proceeds shall be applied to the sums secured by this Security Drat, whether or not then due; with any excess paid to Borrower. In the event of ae partial taking of the Property, ticn2m Borrower and Lender otherwise agrree in writing, the sums secured by this Security Insatt':sss =t shall be reduced by ratite uaount of the grocer Is multiplied by thi following fraction: (a) the total amount of thiP iaeccttnd• immediately 6efote the taking, axwed bg (AA.ft f drsr Wkd'value of the Property immedmtdt lie--te s Vie? 4w Ar.1 brPance shall be . : paid to i4 c liii�u?n1TC�ii !r, C1T fiw.sGvs notice is Eder w,. Gocrzwca m; the c r try :.:...: makeaaiwandcirtaetti�stft.. i3 s.= :to respend to Lender within 30 da;,s after the �e itor3cce is �ivec,; iss a;tti5 :t t r�,Eu t a u sJy t" e pm ri 3s, at its option, either to restoration or repair all liieProperty or tatiiaiirs secured by tip Se?rr Instrument, wheor not then due. Unless Leader and Bomwer otherwise agree is writing, any application of proceeds to principal shall not extend or postpone the due date of the monthly payments referred to in paragraphs I and 2 or change the amount of such payments. 10 Borrower Not Rehaa W,- Forbearance By Deader Not a Waiver. Extension of the time for payment or modifficatism of atnortimtrew of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. Ill. Saeeaaaora aai Awipr Beau Joint sad Several Liability; Co- signers, The covenants and agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17. Borrower's covenants and agreements shalt be joint and several. Any Borrower who co-signs this Security Instrument but does not execute the Note: (a) is co4iVkg this Security Instrument only to mortgage, grant and convey that Borrower's interest in the Property under the wins of this Security Instrument; (b) is not personally obligated to pay the stoma secured by this Security Instrument; and (c) specs that Lender and any other Borrower may agree to extend, modify, forbear or make any accommodations with rMard to the terms of this Security Instrument or the Note without that Borrower'sconsent. M !Lents tAtwpL If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to he orl*xr 'W in comnecbm with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by iite amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower w Erich exceeded pennsitrxd limits will be refunded to Borrower. Lender at ay choose to make this refund by reducing the principal owed t under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge under the Nots. 13. Legislation Affee leg Leader's Rlglits. If enactment or expiration of applicable laws has the effect of rendering any provision of the Note or this Security Instrument unenforceable amirding to its terms, Lende r, at its option, may require immediate paycrsr,�t in full of all sums secured by this Security Imin.nment and may invoke any remedies permitted by paragraph 19. If Lender exercises this option, Lender shall take tite steps specified in the second paragraph of paragraph 17. 16. Notion. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable taw requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall 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 deemed to have been given to Borrower or Lender when given as provided in this paragraph. 15. Governing Law; Severability. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note conflicts with appfiabk law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are declared to be severable. 16. Borroweev Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. 17. TOmder of tie Property or a Beneficial Interest In Borrower. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lenders prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. However. this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. If Lender exercises th soption, Lender shall give Borrower notice of acceleration. The notice shall provide a period : ofm �eu than 30chys from tZtdate the notice is de-htt dl or mailed within wk :cb Borrower must pay all sums secured by this security f asrramt+.nlat. If ii6orrower fails prior to the expiration of this period, Lender may invoke ony remedies ..ted by this Sao :riy Instturrser•'t w:ti o�A r�;r her notice ordemandian Borrower. ' . Iloresw 1R1 It s. H BQ- -Mv"W. meets certain condi. „ Borrower shall have t4le right to hi*t enft:r A-Ment of this Security fiat ument dis;onti:..;i� it s ay time prior to the earlier of: (a) S days (or s zchi,b:i4er pentad as " ! applicable law Fray "spedify leis reinstatemens) before sa:�.of the Property pursuant to any powmr.of saPeomtsined in this L Security lnstru. u; or (b) entry of a judgment ennforcizg this Seecr.y Instrument. Those .t.nlitions am that Borrower: (alt pays Lender • ;. sums t hidh then wouLi be due umdker this Sam -pity Instrument and tl:e dote had im acceleration occuxrad;. (b) cures any de�;ltr of any other covenants or agreets nis, (c) pi173 all expenses incurred m enforcing this tr• Secuity Instrumm includrag, but not limited to, reasonable attameys' fees; and (d) takes such action as Lender may reasonably require to assure that the lien of this Security Instrument. Lender's rights in the Property and Borrower's Obligation to pay the sums secured by this Security instrument shall continue unchanged_ Upon reinstatement by r Borrower, this Security instrument and the obligations hereby ., secured shall remain fully e8'ective as if no acceleration had occurred. However. this right to reinstateshall not apply in the case of acceleration under paragraphs 13 or 17.