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89e-- 102379 If Lender required mortgage insurance as a condition of making the loan secured by this Security Inutument. Borrower shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the insurance terminates in accordance writh'Borrowees and Lender's written agreement or applicable law. a. Iagwedw. Lender or its agent may make reasonable entries upon and inspections of the Pmperty. Under shall give Borrower noticeat the time oforprior toan inspection specifying reasonable causefor the impaction. 9. Cesilennatlon. The proceeds of any award or claim for damages, director consequential, its connection with any condemnation or other taking of any part of the Property. or for conveyance in lieu of condemnation, an hereby assigned and slutAbc paid to Lender. In. tlie: extntk6fa total taking of the Property, the proceeds shall be applied to the sums. secured by this Security Instrument;, w441it<r'gr )iot_ Men due, with any excess paid to Borrower. In the a *feat of a partial takiag:of Lthe Property. unless Barrowct aril I:taid6naO itwise 43gree.in writing; the -sums secured by this Security Iaetrurhent &hill be reduced by the amount of the p 4 :tttiiltiplied tiy:the following fraction: (a) the total amount of dtc� tuns secured immediately before the taking, dhr;ded by b) the fair inar ;.value =of the;W6'. aly immediately before the taking. Any balance shall be paid to Borrower If the Property is abandoned by Borrower, or iU, ;&er notice by Lender to Borrower that the condemnor offiers to make an award or settle a claim for damages, Borrower fads to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the prix , at its option. either to restoration or repair of the Property or to the sums secureA by this Security Instrument, whetheror not t.' . due. Unless Le rand Borrower otherwise agree in writing, any application of proceeds to principal shall not cxtend or postpone the due date of the tratnrthly payments referred to in paragraphs 1 and 2 or change the amount of such payments. 10. Borrower Not Released; Forbearance By Lender Not a waiver. Extension of the time for payment. or modification of ambrtizatioir of the sum secured by this Security Instrument granted by Lender "to any successor in interest of Bono' wer shall not operate to release the liability of the ii riginal Borrower or Borrower's successor; in interest. Lender shall not be required to commence proeadintj against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums sw wed by this Security Instrument by reason of any demand made by the original Borrower or Borrower's successors ina_itirest. Any forbearance by Lender in exercising any right or remedy shall not be a wa?vv r of cr preclude the exercise of any # .i or rer - 11. So {t and Asigos Bound; Joint and Several UaKUty; Co- sipers. The c vo enants and agreernents of this Security Ins nameat sha:i bind and beric6i the successan a-:d assigns of Lender and Borrows. subject to the provisions of paragraph 17. Borrower's4r>wenants and agreement* s?'.,!btjoint and several. Any Borrower who coops this Security Instrument but does not execute the Note: (a) is c43- sign= xg11is Security Instrtrm-ent only to mortgage, ant and convey the.. Borrower's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other lla=wer may agree to extend, r-n©dify, forbear or make any accommodations with regard to the terms of this Security instrument or the Note without tlia:t &orrowees consent. 12. Loan Charges. If the loan secured by this Security Instrument is subject to a law which seu maximum loan chaivs. and that law is finally interpreted so that . o: interest or other loan charges collected or to he collected, in connection with the loan exceed the permitted limits, then: (a) ar"y such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and /b)arr scams already collected from Borrower which exceeded pertrtsaed limits will be refunded to Borrower. Lender w..ay choose to make this refund by reducing the principal owed under the Note or by me::ing a direct payment to Borr:��v . If a refund reduces principal, the reduction wZ be treated as a partial prepayment without any prepayment charge under the Note. 13. Legislation Affecting Leader's Rights. If enactment or expiration of appih::*�3e laws has the eEea Hof rendering arch provision of the Note or this Security InVrument unenforceable according to m t4vais, Lender, at its ol%bn, may require immediate payment in full of all sums r� :,.-ed by this Security Instrument and may imc ke any remedies penri tied by paragraph 19. If Lender exercises this opi din., Sender shall take the steps specified in the 9=md paragraph of paragraph 17. 14. Notfices. Any notice to Borrower providt.�S for in this Security Instrument shall be given by dtdP .ring it c,= by mailing it by first class mail unless applicable law t,:;Pjires use of another method. The notice shall be directed to the Property Address or any other address Borrower dei�.�g,aates by notice to Lender. Any notice to Lender shall be given by first crass mail to Lender's address stated herein or an.y, CAZIer address Lender designates by notice to Borrower. Any notice "prai'ded for in this Security Instrument shall be deem 1 to have been given to Burrower or Lender when grmn as provided in this paragraph. 13. Covening Law; Severability. 'L his Security instrument shall be governed by Coral law and the law of the jurOction in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shafl net affect other provisions of this Security Instrimm. t or the Note which can be given effect without the conflicting pray ;lion. To this end the provisions of this Security in _Jrument and the Note are declared to be severable. 16. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. 17. Transfer of the Property ors 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 Borrow(--y is not a natural person) 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 federal 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 30 days 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. 1t).1'.mruz-r's 4°ig::.o foal:. ;eta. If 1orrower r,.r*-ts ctrtaia conditii,irs. Burrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) S days (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 SSecurity instrument; or (b) entry era 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 ddault of any other covenants or agreements; (e) pays all expensas incurred in enforcing this Security instrument, including, but not limited to, reasonable attorneys' fees; and (d) takes such action as Lender may reawnably require,to assure that the lien of this Security instrument, Lender's rights in the Proper(V and Borrower's obligation to pay the sums secured by this Security Instrument shall continue unchanged Upon, reinstutement by Itt,rrower. this Security Instrument and the obligations secured hereby shall remain fully effective as if no acceleration had n:; urred IfwA"N. this right to reinstate shall not apply in the cake t rfaccehrrtivis under paragraphs Mir it 11 f lip �t r'