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;r J, I F so.-105286 flf'i�sdcr required mortgage insurance as a condition of making the loan secured by this Security Instrument, Boerrow i ti 1 pay the premiusess required to maintain the insurance in effect until such time as the requirement for the insurarrf:e tt rmirsatea in aocordena with borrower's and Lender's written agreement or applicable law. f. "tnsiose doe. Letedt:r'or its"agent may make reasonable entries upon and inspections of the Property. lender shall give Borrower notice at the timeofor prior loan inspection specifying ressonablecause for the inspection. 9. C Wainmfon. The proceeds of any award or claim for damages, director consequential. in conter:etion with any condemnation or other taking of any pan of the Property. or for conveyance in lieu of condemnation, are hereby assigned and shall be paid to lender. In the event of a total taking of the Property, the proceeds shall he applied to the sums secured by this Security lnstfucro tit. whetleeir or not !Mess due, with any excess paid to Borrower. In the event of a partial taking of the Property, ttuehesa Borrower aced Lt: WK otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by The amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums secured imsotWiately before the taking, divided by (b) the Air market value of the Property immediately before the taking. Any balance *hall be paid to Borrower. If the Property is abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor offers tit nuke an award or settle a claim for damages. Borrower fails to respond to lender within 30 days after the date the auc%tice is given, lender is authorized to cogeci and apply the proceech., at its option. either to restoration or repair of the Fm+ryerty or to the sums secured by this Securkty Instrument. whether or not then due. Unless Lender and Borraaer 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 I and 2 or change the amount of such 14yments. 10. Owerowitr Not RrlearA Forbearance By Leader Not ■ Waiver. Extension of the time for "yineent or modification of amonizatitin of +I•he sums secured by this Security Instrument granted by Lender to any %ounrcessor in interest of Borrower shall not rpterate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be ttgaited to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify anw%rtirotinn of the sums wured by this Security In-arunrerst by rcauni:ff any dgirtaetd made by the original Borrower or Borg v vn's successors in interest. Any forbearance by Lender in exercising any rigliv r remedy WWI not he a waiver of or preclu& n su exercise of any right or remedy. 11. 5ucemors atsd Alodpas Norms Joint and Several l.iabllftyl co•slgasert. The covenants and agreements of this Security Instrument shall bind and benefit the mccessnrs and assigns of Lender and Borrower, subject to the provisions of paragraph 17. Borro*wer'scovenauth and agreemeents shall he joint and several. Any Borrower who cosigns this security Instrument but does not textcute. the Vote: (a) is co-signing this Security Instrument only to mortgage. grant and convey that Borrower's interest in the Pr.;Tvrtty under the terms of stint Security Instrument; (h) Is not pervereally ohligautel to pay the sums secured by this Securlt~ )m Irument•, and (c) agrees that Lender and any tither Borrower may Agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security InslrumeoR or the Note without that Borrower's consent. IL Least Chargsa. If the Irian wcured by this Stxurity Instrument is sub)at 10 law which sets maximum Ivan charges, and that law is finally interpreted so that the interest or other Man charges collected or to he crtllected in connection with the loan exceed the permitted limits, then: (a) any ,ouch 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 chot►se to make this refund by reducing the principal owed under the Note or by making a direct psymttst vo Borrower. If a refund reduces principal, the reduction will be treated as a partid prepayment without any prq*ynwnt charge under the Note 13. Lwl;Idedas AtlflieNag L,4atlees RIZML If enactment for eApirshon of applicable laws has the effort of rendering any provision of the Note or this Security Instrument unenforxahle according tt► its term%, lender, at its option, may require immodin -ve payment in full of all sums secured by the% Sacs►nty Instrument and may m%.►kc any remedies permitted by paragmp ;t, i4. If l e rider txercisa this option. Lender shall Rate the steps specified to the second paragraph of paragraph 17. 14. Notices. Any notice to Burrower pro%Idesd fin%, n Phis security Instrumem shall he given by delmanig it (why mailing it by first class mail unless applicable law require:++ vv .,if sni-aber method The notice AM311 he dilveled to the Property Addreset of any other address Horroa.rr designatat F�! notice to I tnder Any notice Ott% gender %hall be given by first class mail to Cinder's address stated le it ,err any r,►t1wr sddrm% Lender de%IRrum'S by notice tot PAWL ►wet Any nt►ftrer provided &.v in this Security Inwruasent shall be deemed ttp Km a been driven tit Ikorr►tehat ,.•r Lender when go%tm.. a:, rwondeti in this prtf.egraph. IL Governing 1.n►; Severability. this Sccunt) In%trumeeb %hall he governed by federal ;aw and rite :'.ery of the jurisdiction in which +the Property is locaud lot rice event that any prcoviskm tw clause of this h%.s.;f•rr► Instrument it the Not conflicts with applicable law, such contlwt shall not affect other provneuns M thi% Saunt% 'Imrrurn"t or the !Vote whick cai be given drect w+0himt the conflicting provnsowr Io Ohes end the pnntnittn. ruY this 5aurtty instrument and the Notearerdwhired to be severable. M. BerfOWWta CODs. Borrower shall be given tone coals nwd —oft% for the k' am ....Y ..r ��... �......� 11. Ttwfer of tltlt Progtrty or a BatefieW lalerat to B+rrwsocr. If all ter an% rArc Of the ltraperty t►r An.y interest in it Is solder transferred (or if it beneficial interest in l3arrnwtr &% mild or transfrred and Burrower I% not a natural person) without Lender's prior whiten ctm%ent. Lender *nay, at It% option, require Imnar date payment in full of all wm% secured by this Security Instrument. However. the% tiptir►n shall title he exercised by Lender of exercme t% 11wheheted b} federal law as offhor date of this Secunty Instrument If Lender o.aten:an this option. Lender %hail give IlOrrower nt.tke of ieccelerater►n d he nuucc %hall prtovide a petit %I of not less than Vda?. %front the date the nWece I% delivered of mailed wghm which litornmer mu%t pay all wm%%ctiured by this Security Instrument. If Borrower fads to pay these %ums pnor to the rxplrAttun of the% permed. Lender may en%toke any reoredinpermitted by this Socunry Instrument without further nttce%or demand ion Ilorrr►wer M Boerower's Ry1N to Rttdastate. If Borrower meets certain condmon%. liornowet %hall have the right to have enforcement ofthis Security Instrument disexontenued at any time pnor tit the earlier tof la► o. Jays for %tech oilier peruxd a% applicable law may s tiftify for reenstatemcnO before sale of the 1 n►pert% punuant to am rxtwer of %ale contained en the% Smunty Instrument; or III) entry of a judgment enforcing the% Security Instrument Ili~ i onditit+n% are that 11t►rroarr in) pays Lender all sums Ahwh then would be due under the% Serums 11t%trumelit and the Note had tit, a%celerAnton occurred. (b) curer an) default of sit) other ca%enant% or ur;tectricnt%. (0 Pa),- all e%pemr•% incurred its rnl+trt tnK the% Security Instrument, Including, but nut limited tit, reao.rtteahle nut►tuc►%' fee%. sold W) take %uch sown A% 1 rndrr tits) reasonably require to assure that the hen ul Ohio. Security Inurument. Lender'-- right% art the Pr.+pttt� and ldtortttwct'% obligatnun to prey the sumo. %Muted h) this %ft-unt% Invttumem %hall c•ontinur un►hangr,d Vl%ot► orur%txernorm M Bxnrw•et, the%Secunt) Instrument and thetthliaauono. %c%urel hcerh% %hall tt•n►ae►o tttlR rtlttu%r n%tl m+ tc.rlrteutar had oevuired Hoat%er, this nght tat relMtste shall not apph in the cave toC A %r rlerAunn uuAci rvr,rKraph% I i t +t I ' 51A.- 3 All -i