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Omit 10178 0 If Lender rtegtrired mortgage insurance as a condition of making the loan secured by this Security Instrument- 1 Borrower shall pay the premium required to maintain the insurance in effect until such time as the requirement for the insurance terminates in accordance with Borrower's and L idees written agreement or applicable law. IL laweeeiss. Leader or its agent may make reasonable entries uptm and inspections of the Property. Lender shall give Borrower notice at the time ofor prior to an inspection specifying reasonable cause for the inspection. 9. Caaie011001 . The proceeds of any award or chum for damagm 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 pod to Lender. In the event of a total taking of the Property. the proceeds shall be applied to the sutras secured by this Security ImtrunscaL whether or not then due, with any excess paid to Borrower. In the event of a partial taking of the Property, urakos Borrower and Lender otherwise agree in writing, the sums sawed by this Security Instrument shall be reduced by the amount of the proceeds muldPlied by the following fraction: (a) the total amount of the sums secured .immediately before the tailin& divided by (b) th1cfair market value of the Property immediately before the taking Aa : baisssce shall be "�`"Et paid to Borrwer. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower ofes to snake an. award or settle a claim for damages, Barrrrwtx rs&.so respond to Lender within all drjis Zi %esi!> 9 she notice is gives, lender is authorized to collect and apply t3st pr cm ds„ at its option. either to remotion or repair~ i) Property or tothetums secured by this Security Instrument whether c runt then due. - Unless Lender and Borrower otherwise tlyiirm -iitgitang, any application of proceeds to r .rt slrai,I not extend or postpone the due date of the monthly payments mfoiea to in patragraphs 1 and 2 or chanp tic a �t of such payments. 10 Borrower Not Rdum* Effbitainince By Leader Not a Waiver. Extassiam of tfrn: time for t or modification of amortization 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 ofany demand made by the original Borrower or Borrower's successoM in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise ofany right.or remedy. . 11. Stneeesors and Asdw BoPa$ J*t said Several LGsMty; Co- Pipers. The covenants and *p=nents of , this Security Instrument shall bind and benedi: dle- iccessors and assigns of Lender and Borrower, subject to rTtrprovisions of paragraph 17. Borroweescovenants and agrw —rents shall be joint and several. Any Borrower whsr : osips' Ons Security Instrument but does not execute the Note: (a), U-10- 9ning this Security Instrument only to tnorrgr,.ge, gr=ugnd cenw -ly that Borrower's interest in the Property under t!s-. terms of this Security Instrument (b) is not personally obli'61tX-i to pay ? , the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may ago to extend, 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, Loaa Cur=es. If the loan secured }rap this security Instrument is subject to a law which sets maximum loan charges. and that law is finally interpreted so,Chat the interest or other loan charges collected or to be callected in eonnecsi©n with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by Ilse amount necess i7 to reduce the charge to the permitted limit; and (b) any sums already colleted from Borrower which exceeded Permitted limits will be refunded to Borrower Lender 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 redutaion will be treated as it partial prepayment without any prepayment sliarge under the Note. 13. • Legislation Affecting Leer's RilOCL If: enactment or expiration: of bpplicable laws has the effect of rendering any provision of the Note or this Security Instrument unenforceable accorditig to its terms, Lender, at its option, ' may require immediate payment in full of all sums secured by this Security Instrument and may invoke any remedies permitted by paragraph 19. If Lender exert;ius this option. Lender shall take the steps specified-iii the second paragraph of paragraph IT M. Nodem Any notice to Borrower provided for in this Security Instrument shall be given by delis -wring it or by; � trailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address ss or any other address Borrower designates by notice to Lender. Any notice to Lender shall be givrsn,dy, first class mail ru Leader's address stated herein or any other address Lender designates by notice to Borrower. Any notice provided for in this Security Instrument ilml I be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 15. tgienang Law; Severadiity, 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 conflicirs with applicable law. such conflict shall not affect other this Security Instrument provisions of or the Note which can be given elect without the conflicting provision. To this end time provisions of this Security Instrument and the Note arc dochred to be severable. 16. Born wWs Copy. 11"Mwer shall be given onzcznformed copy of the Note and of this Security instrument. 17: Tro Wer of the Property or a Beaefir.al Interest is Borrower. If all or any part of the Property or any intavest in it is soW or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural prison) without Lender's 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 fedeml law as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. 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 Borrower. ig. e PW to F If &snct��er i:;wts ccrt�is cconditiws �. Borrower shall have the right to have enforcement of this Security instrument discontinued at any time pnor to the earlier (a) 5 days of. (or such other period as L applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Security Instrument; or (b) entry of a judgment enforcing this Security Instrument. 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 of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including. but not limited to. reasonable attorneys' fees, and (d) takes such action as Lender may r• K reasonably require to assure that the hen of this Security Instrument. Lender's rights to the Property and Borrower's obligation to pay the sums secured by this Security Instrument r shall continue utwhanged. Utw)n reinstatement by 4.xrower, this Security instrument and the obligations secured hereby shall remain fully effixhve as if tau 81:�celerateon had occurred however. shin right to ranstate shall nowt apply en thecase- of accelerattun under patagraphs 13 or 17