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gp= 10447 it _ ff Loder retppTred nmortgage Insurance as,* condgon of tnulidng.ttu lose seared by the` wry InseuetrlL• BonMer shall the pren urns required to rmuaintabm the Insurance in otdeot urtti.such time as me mgaw ad.for the it]-,— n eonetwe's, and fen W$ wrllan agreement or appk*b taw. S. Indpeellon. letter or its agent may retake reasonable entries upon Ind Inspections of the nice d the tine of or prior to an Inspection specifying ressondia cause for the inspectton. - = g 'COndeslltfatiOiL. ` The proceeds of any award or `swim for demegss, dart or consequsntiat, W coined o .with any omdenrm- 1ion or.~ daft of srVpad of the Roperfy, . or for conveyance in Mau bf condsm hadcm; are hereby assigned and she be paid to Lwndar { in toe Went d W WW ' Wit of the Poerty, ttte pow ads shall be applied to the ems seared try this &a ft Iatnarrtt. whether or riot than d^ ift any em" paid to- BoRom. in the arrant of a pow taft d the,Ptopedy, units Bomowcr and Lender titianrtse ,OWNS h waft the Burns strayed by this y instrument shall to reduced by the armatt of the p acends mullippsd bl►tlile Wowing 1001aW to tine told airOWA d the vWng. dMder! by (by tdtrietr n-krt: vats of #W'Oapoy inantadfalMy - - f thw lraidt g. Any 1dm, - Ad be pdd to Basnweu: . V the Pmpnty Is a6andorad by Borrower, or X. attar noires by Lander to BonoYwr that the condemnor offers to nuke an award or salts a Blade for 4- Ni - - - Borrower falls to regpond to Lander within 3o days a w the data UK now ire given. Lander, fa nowt wd to collect aired apply time p+oaeds, st ha option. either to reakadon or repair of the Property a to the sums starred by this security ! IpktxmK whether or not than der. UNas Lander arrd Borrower otherwise ogee in -writing . any application at proceeds to principal shall not extend or postpone the der dale: of dire irmA iy psyntants rained to in prreigraph t and 2 or change the amount of such payments. - . 10. lll<trramw Not Released; For,e6saeraltce By tender Not a waiver. Extension of the time for payment or m otm cantor► d ■mmorliaation of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shag., not oparate to rel ass the kb Ry of the original Borrower or Borrowers succeasore in WWwL Lender shag not be required to conveance prooeadcngs against any successor In Interest u refuse to extend time dx payment or atheewAae rM dam sums sacuxed ' by this Setxrky instrument by reason of any demand made by the original Borrower or Borrowers successors in interest Any forbearance by Lender in exerds(ng any right or remedy shall not be a walver of or preclude the `exercise of any right or remedy. 11. Sueeessors'and Assigns Bound; Joint and Several UaWlity; Ct;rsigners. The covenants and aasenattb of this seaa.ty Instrument shag bind and benefit the successors and assigns of Lender and Borrower. subject to the provisions of. paragraph 17. Borrowers coYenents and agreements shall be joint and several. Any Borrower who co-signs this Security Instrument but does not . axecute the Note: (a) is co-signing this Security Instrument only to mortgage, grant, and convey that Borrower's interest in the Properly under the terms of this Security Instrument; (b) is not personally obW@d to pay the sums secured by this Security Instrument, and (e) agrees that Lender and any other Borrower may agree to extend, modify, forbear or make any accommodations with regard to terms of . this Seaxay Instrument or the Note without that Borrower's consent 12. Load Charges. If the Ian seared by this Security instrument is subject to a law which sets maxim urn ban charges. and that taw 1s finally interpreted so that the Interest or other ban charges collected or to be collected in connection with the ban eptceed the ' - permitted knits, then: (a) any such loan charges shag be reduced by the amount necessary to reduce the charge to the permitted knit; - and (b) any sums shady collected from Borrower which exceeded permitted units will be refunded to Borrower. Lander may choose to matte this mkmd by reducing the principal owed under the Note or by making a direct payment to Borrower. It a refund reduces principal. the reduction will be treated as a parlW prepayment without any prepayment charge under the Note. 13. Leglalstiorl Affecting Lender's Rights. it enactment or expiration of applicable law has the effect of rendering any provision of the Note or this Security Instrument unenforceable according to Its terns, Lender, at its option, may require immedate payment in lug d e autos secured by this Security instrument and may invoke any remedies permitted by paragraph 19. If Lender exercises this option. Lender shall take the steps specified in the second paragraph of paragraph 17. 14. NONcea. Any notice to Borrower provided for in this Security instrument shag be given by delivering it or by maing it by first class mail unless applicable, law requires use of another method. The notice shag 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 Lander designates by notice to Borrower. Any notice provided for in this Security instrument shag be deemed to have been given to Borrower or Lander when given as provided In this paragraph. 15.Ooventing Law; Swerabliity. This Security Instrument shag 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 applicable law. such conflict shall not affect other provisions of this Security Instrument or the Note which can be given efied without the conflicting provision. To this and the provisions of this Security Instrument and the Note are declared to be severable. 10. Borrower's Copy. Borrower shag be given one conformed copy of the Note and of this Security Instrument. , 17. Trander of the Property or a Beneficial interest In Borrower. It ail or any part of the Property or any interest In . . it Is sold or transferred (or B a bewkW interest In Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior "on consent. • Lender may, at its option. require immediate payment In fug of all sums seared by this Security Instrument. However, this option shag not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument • B Lender sxwdses this option, Lender shag give Borrower notice of acceleration. The notice shag provide a period of not We than 30 days from the date the notice is delivered or mailed within which the Borrower must pay all sums secured by this Security Instrument. It Borrower figs to pay these sums prior to the expire ion of this period, Lender may invoke any remedies permitted by this Security instru- ment without Anther notice or demand on Borrower. IS. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shag have the right to have enforcement of this Security Instrument discontinued at any time prior to the earlier of: (a) 5 days (or such other period as applicable law may ape* for (ekistatemiertt) before sate of the Property pursuant to any power of sate contained In this Security tnsUument: or (b) entry of s judgment enforcing this Security instrument. Those conditions are that Borrower. (a) pays Lender all sums which then would be duo under this.S.9%- - lneNtttmj![tt.pnd the Note had no acceleration ocourred; ON cures any default of any other covenant or agreements: (c) pays all expanses incurred in enforcing this Security Instrument, including, but not limited to, reasonable atiameys' tees: and (d) takes suen action as Lander may reasonably require to assure that the Hen of this Security instrument, Lender's rights in the Property and Borrower's oblig- attom to pay sums• secured by this Security instrument shag continue unchanged. Upon reinstatement by Borrower, this Security Instrument send the obligations secured hereby shag remain fully effective as if no acceleration had occurred. However, this right to reinstate shall Yt not apply Ill the use of accoleratiop under paragraph 13 or 17. A Page 3 of 0 F'1023.CT1 (021901 1836 "�' -' ,