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1 (A7MI05242 U L ider nq" mortgage insurance as a condition of making the loan secured by this Security Imminent. Borrower shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the inwraaot terminatas its accordance with Borrower's and Leeder's written agreement orapplicable bow. >>. impedlots, Lender or its agent may make reasonable entries upon and inspections of the Property. Lender dmdl live host "liartlotim at the thwaforprbr loan inspection ifying reasonable cause for the inspection. 9. �Ma■wgas. 'hale proceeds of any awwd or claim for damages, direct or consequential, in eonnectitm with saty coadatntwtion or other taking of gay pan of rho Property, or for conveyance in lieu of condattaatiott, arc bmby asosd gal stall be paid to Lender. In the owlet of a told taking of the Iroperty. the proceeds shall be applied to the sues secured by this Security Inattusomed, whether or not then die, wM any exam paid to Bortawer. In t event of a partial taking of the Property. Issues Borrower and I.atdnr otherwise agree in writing, the sutra secured by this Security Instrument shall be reduced by tie amount of the proonds mu1tigibill by the fblbwieg fraction: (a) the local amount of the sums nmW iaout adistely btfae tie tokktg. dvidad by(b)dw feknuket vahn of the Property immediatdy belorc the taking. Any balance shall be paid to Borrower. If the hiopefty is abandoned by Borrower, or if. after notice by Lender to Borr~ that the casdemom 0944 to make aeawardw mob claim fordantaps, Borrower fails to respond to Lender within V days after the date the anti= is gnu. Leaden baudwrind to co8w and apply the proceeds, at its option. either to restowmiwi or repair of the Property or to d o tarns secured by tiia Security Inarument, whether or not then due. Unha Larder and Borrower otherwise agree in wrift any application of proceeds to prtrivilpml shall not extend or postpoate the due date of the ttsonthl payn>wanto rderred to in paragraphs I and 2 or cbxunie 4be amount of such payments. { IL Mrwree Nag RaMma� IFSeiearrnce By Landeir Not a Waiver. Extevoon of the time for payment or modiaaRion of amortisation of the sum 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 Borrowee's successors to interest. Lis dw shall alt be required to commence prrocedlop against any successor in interest or refuse to extend time for payuient orotherwim modify amortimWon of the sums secured by this Security Instrument by reason of any demand made by theotigiisial Borrower or Bormwe's successors in interest. Any forbearance by Lauder in exercising any right or remedy sitsli era beg waivwofor ptrsalu eAke cierciu of any right or remedy. 11. MIA JeW wd Scream Lld fty; CA . The covenants and amts of this Security iaarumWA s)W bind gad boot the successors and assigns of L -urger and Borrower. subject to the provisions of perepspit It Borrower's cove arils and agreements shall be joint and several. Any grower who cosigns this Security Ieurumatt bw dota net execute the Note: (a) is co4igning ibis Security Instrument only- to mortgage. grant and convey ' that Borromer's interest In the Property under the terns of this Security Instrument; (b) is not personally obligated to pay the auras satasred by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend, molt forbear at make any a000masodations with regard to the tams of ibis Security Instrument or the Note without � that Borrowar'sconsent. 12. Lash LlnwpL If the loan secured by this Secunty Instrument is subject to a law which sets maximum loan chwp& erg that law is Anslly imterpntted so that the interest or other loan charges collected or to be collected in 1 consectim with the loan exosed the permitted limits. then: (a) any such koan charge shall be reduced by the amount .= Moll W ndtioe the Cba p to the permitted limit; and (b) any sums already collected from Borrower which excacdod ptt++rtittad as" will be'rdunded to Borrower. Letstler may choose to make this refund by reducing the principal owed under 11he No W er by making a direr payment to Borrower. If a refund reduce& principal, the reduction will be treated as a partial IA=t without any priegym sent charge under the Note. �i4glelledw ANwft Lamilsr'a ilWft If enactment or expiration of applicable laws has the effect of '.usesddtinl any provWon dPthe Note or this Security Instrument unenforceable according to its terms. lender. at is option. essay deists iswAi eta payment in IWl of all $&no secured by this Security Instrument and may invoke any remedies psraittMd bjr VrWapb 19. if Leader eaci cues this option, 1. a", - shall take the steps specified in the second paragraph of 14. ' i%does. Any notice to Borrower provided for in this Security losirurnemt shall he given by delivering it or by mailing it by Ant dean mail unless applicable law requires use of another rutbod. The notice shall be directed to the hoputy Address or any other address Borrower designates by notice to I .e.wler Any notice to Lender shall be given by ` tint dear mail to Lender's address Muted berein or any other address Lender desipato by notice to Borrower. Any notice ptOWW Ibr in this Security Instrument shall be deemed to have been given to Borrows em Leader when given as provided in tics paragraph. A CmWereft law. w. Sawandi tag. This Security Instrument shalt to governed by federal law and the law of the jurisdiction ie wiici tats ftwerty is located. In the event that any provmw "..v clause of this Security Inunment or the Note eon• wits epph�cabk law. nisei ooMnAict shall sot a8ttpi caber provisions of tan Securely Itsstruaomt or the Note which =a W M�_ *U gussets " the eosdicua# provsswa. Tv t)mwaY end the pmvium% of ebs Security lautunrmanl sed the 1 Ntsttasedsc(ared to be s- arAle. M So wwtdlstr OW. Borrower shop be given one conformed ciVt of the Note and of *a Swunry Isatrument. 17. T"o tr of tie Po"wey w a &=§M Inser st is Bareawer. If all tv any part of the Wopeny or say ` ii d rm in it is sold or traade TW (or if a beneficial interest is lkwirower rs %o hi or trea4erred and Borrower is nor a natural esa>taixJ witlmeiia Lardae'a erior wnnm anaaent. lender enau. at alts nwx w. reau►re m mad— a nnrment in full a &a %urea ;iic l by 11166- Security Itatrinmeat. However. this option ^slsali alai Ye exercised by IRmdrr if exemise u orobibited by fedual lswasofthadateoftbisSwurity Instrument. If Ladw eserckm this option. Leader sMU give Borrower notom of acceleration. The name sball provides period of not Isn then 30 days front the dots the notice is delivered or raaded within which Bom~ mum pay all suns secured by tiis SMcarity lowunsnt. If Boerow a fills to pay thm time prior to the expiration of this period. lewder may invoke any nalMdies permitted by tiffs Security Instrument wrtbout further notice or demand on Borrower IL isstwter's VJ& M Bainews. If Borrower meets oenun cotndatan , Bom -mer .hall hove the right to have esforoetnMnt of this Security Instrument discontinued at any time prior to the ewbt► of (a) S days (or such uber period as applicable law stay spae* for maiswement) before sale of the Properly pursuant to any power of tale contained in this Sscterily lustrussai t; a (b) entry of a judgment enforcing the Security Inurumerit 'Phase conditions are that Borrower L (a) pays Lender cep sings wiicb lien would be due under this Security Instrument and the Note had no aeoderation oocwrred; (b) cures gay d&ult of any other wvamts or agreements. (c) pats all expenses incurred in mforcias this Ssewdy lastrtinwitt. including. but not Heisted to. reaon" attorneys' (ees, and Id) takes such action as Lender ma) notimbly requnrtr to assure that the hen of this Security Inurument. Lender's rights in the Property and Uurro+ O*% obliptson to pay tie wars wursd by obis Secunty, Inurument shall continue unchanged l •piece minviatemenn M Borrower. th s Swunly Instrumment and the ablmgattem secured hereb) shall rennin fully eAestive as it ncs a.ieleratic,n lied ovewred. Hou+eva. alas right to remautie shall not apply in tht use of kcekration under swastaphs 13 or 17 7 4.. 1 f-