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VI fe(It irad nor" insursir ce.n a tonditkxi of mating the loan secured by this Security Inalument, $prrO�►er siswll pry tt�e pritmlt lei�vired tQ,t�aihisi file -- - its e�ecTtifitil twit time ss the nquiiemen�fK -ie - i. f nrtttrat ca lee 11114I salst ns ordmMe wlift Horro*►er'a and Ladees'"ttetn gpemmt orapplic" law. '- ,.__- - fb T:utder or it: meat tray make rsaioaa6le aitries upon acrd inspections of the Property. Lander r : s" SM-C or owettiiafigeattbitimeoforpriortoanittspectionapecifyin6reasnoablecausefsortbehoptction: V. ttiwiis wdvs: The proceeds of any award or claim for daamagea„ direct or consequential, in cbnowdori with lacy candoenrtation or other takistg of say part of the Property, or for coaveyanoe in liar of condy mudon, are haft `awtpeilaadsba>hbepsidtoY.arder _ . 114 the ewrrt off a total taking of the Property: the vioceeds shall be applied to the sutras secured by this Security Iar "Matt, whdber or cot tbew dn, witk nay exam paid to Borrower. In the event Of it partial talking of the Property. Ina* ftrower so I.eader otberwisawa in writist& the sums secured by this Security Instrument. shall be reduced by : tie aaaowot of the proceeds mukWW by the foilowinj.f acti : (a) the total amount of the sums secured immediately lidar>c the taking, divided by (b) the fair mar et value of the Property immediately before the taking Any boliue "be - psddtoLormwer. - - -- -- -- If lic a�perty is abandoned by Bocro or K after notice bby Linder to Borrow" that the condemnor offers t0 i tiaaRe as surard of settle a claim for dears jes, Borrower fails to respond to Lender within 30 days aRer the dtatethe notice is - — - _= _ >(. �:' tC Coilt Ct acid app s tht; iQi. dG. a i its crpptor,; at;�t t6 rz,-toratilDn of rq)arof the Property or to the smass secured by this Sacdtity Instrument. whether or not then due. Unless Canals, and Harrower otherwise agree in writing. any application of proceeds to principal shall not extend or postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments. It. Bsitrrm Net Mum* Farbm=ee By it Not a Wshw. Extension of the time for payment or ! mooliipttW of amortintioa of the sutras secured by this Swurity.Instrument granted by Lender to any,nic^ess+r in inn ad of Borrower shall to operate to release the liability of the original Borrower or Borrower's successor in interest. header shall not be required to commence proceedings sgainst 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 j by the odSind Hoxmwer or Borrowees successors in interest. Any forbearance by Lender in exercising any right or remedy j shall cotbeawaimoforpreeo &the exercise ofsoy fight orremedy. j Ili. Sweessem tsar/ Assl/b Saab* Joust and Several IdsiWty; Co 4lonem The covenants and agreements of this Security Instrument shall bind said benefit the succession and assigns of Lender and Borrower, subject to the provisions + ' of paragraph 17. Borrower's covenants and agreements shall 6e joint and several. Any Borrower who co-signs this Security Instrument but does not execute the Now (a) is co-signing this Security Instrument only to mortgage, grant and convey that 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 Borrower may agree to extend, i .r molt, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without. that Borrower's COnaea1. 12. Lw ChgW . If the imn secured by this ,Security Instrument is subject to a law which sets maximum loan charges, and that lath is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected 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 orbytnakinga direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a `— paartial prepayment without any prepayment charge under the Note. 13. LegislOm Affeetittg loWer's Nights. If enactment or expiration of applicable laws has the effect of rendering say provision of the Note or thii Security Instrument unenforceable according tor its tennsi Lender. at its option, may require immediate psytl eat in full of all sums 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 parsgtspb 17. i 14. , Nedew. ' 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 law 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 trail to Lender's a Wress 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 psirsgraph. 1S.. Giff raittg Law; Seversliility. This Security instrument shall be governed by federal law and the law of the jurisdiction in which the Property is touted. In the event that any provision or clause of this Security Instrument or the Note conflicts with appliabk law. such conflict shall not affect other provisions of ibis 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. 10. Bon wen's Copy. Borrower shall be given one conformed copy of the Note and of this Security instrument. 17. T'r=Ww of the Property or a BeseAcial Interest is Borrower. If all or any part of the Property or any interest in it is sold of transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Leader'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 ofthis Security Instrument. It Leader exercises this±"inn: L end" shall give Be r![►wer notice of acceleration- The notice shall provide a parted of not ku 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 yermitted by thisL Security Instrument without further notice or demand on Borrower. It Us R#t v-Ws � to Veda tite. - If Dorrtw'r rnccts certain cfonditicins, $Grrowicr shall have lute right to have r enforcement of this Security Instrument discontinued at any time prior to the eartitr of (a) 5 days (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 �f 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. (e) pays all expenses incurred in enforcing this Security instrument, including, but not limited to, reasonable at*orneys' fees, and M takes such action as Lender may . remonably require to assure that the lien.-of this Security Instrument. Lender's rights in the Property and forrower's oblipttion to pity the, sums secured 'by this Security Instrument shall continue unchanged Vpon reinstatement by r. ' Borrower. this Security instrument and the obligations secured hereby shall remain fully effective as it noat;Celeration had occurred. However, this right to reinstate shall not'apply in the case of acceleration under paragraphs 0 or 17