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89- 103419 if Lender required moripp imumce as a condition of maltft the loan secured by this Security Instnttnenti Borrower sba l pW :the pryawiwaa to mislatain iba IMwr unce in erect until such time as the requiremamt for the insursacY terminates is nwwwwraes�Battaweesand Lander'swritten agroment or applicable law. & lb bermes leader or its agent may make ram rsable entries upon sed inspections of the Property. Larder shall give. Borrower *W a at rota tiaras ofor prior to an inspection spac*ittg resiouble cause for the inspection. !. Casdsaesatdea. The proceeds of any award or claim for damages, director consequential. in cotteeatiort with any coadanaation or other taking of any part of the Property, or for conveyance in lieu of condemnation% are btttaaby "pod and shall be paid to Leader. in the event of a total taking of the Property, the proceeds shall be applied to the sums secured by"Security instrument. whether or not then due, with any excess paid to Borrower. In the event of a partial taking of the Property. utsleas Borrower and Lender otherwise agree in writin& the sums secured by Ibis Security lastrnttasat shall be mdtwed by the amount of the proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediatdy before the taking, divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be paid to Bo mwer. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a claim for damages, Borrower fails to respond to bender within 3(ldays after the date the notice is liven, Lender is authorised tocoUW and apply the proceeds, at its option. either to restoration err repair of the Property or to the vim secured by this Socaity instrurttent, whether or not then due. Unless Ltsnder and Borrower otherwise agree in writing. any application of proceeds to principal sball-mot extend or postpone the due date of the monthly psym mU referred to in paragraphs 1 and 2 or change the amount ofswb psymeriM IR Mrrewrs Nat askasa$ Forbuwanoe By Laatsr Not a Waiver. Extension of the time for payment or modification of smortiution of the sums secured. by this Security Instrument granted by Lander to any sueeesaor is interest of Borrower shall not operate to release the liability/ of the original Borrower or Borrower's sucaessart in interest. Lender shall not be required to eornmence proceedings. against any successor in interest or refuse to extod time for payment or otherwise rt aft amortization of the sums secured by this.Security Instrument by reason of any demand made by the original Borcowwor Borrower's successors in interest. Any forbtsntnce by Lender in exercising any right or remedy shall not be weiverefor preclude the exercise of any right err remedy: it. Saeaoeare said Aasiiips Bare* .heist and ge.99al t,fahN W Ce+etga iL The covenants and agpecmcats of ibis Security instrument "bind atsd benelit the successeftud tasipa of Lenderand Borrower. subject to the provisions of paragraph 17. Borrower's ewoments and agree "cots shall be 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 tsr,w. w ..,.ere.► ; . tau tern. d W t 11 Rerstrity lnstruniene rbi is no personally ablinated to Oay vrr.r7 the wins secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may Mae. to extend, modify. forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without that Bonowees eeriest. IL Lassa Cbwp& If the loan secured by this Security Instrument is subject to a low which sets maximum loser. charges, and that Uw is Molly interpreted so that the interest or other loan charges collected or to be collected ins connection wkb the loss exceed the permitted limits, thew (a) any such loan charge shall be reduced by wise amount necessary to reduce the charge soy thic peasant limit; and (6) any sutras already coi aatied from Borrower which exceeded permitted limits will be rdimded t0 Borroew.- tender eray choose to make this refund by raludng the principal owed under the Note or by making a direct paymwA to Borrower. if a refund reduces principal, the rdfa►ction will be tasted as is partial ptepaytttrent without any prepayment charge under the Note. Lej hMM ADsedag I.aa/ar% RWW If :enactment or expiratiats of applicable laws iiei rite effect of renderug any provision of the Note or this Security Instnownt unenforceable according to its terms„ Lender.-A its option. may augurs insraediate payment in full of all sums secured by this Security Instrument and may invoke any remedies permitted by poser b 19. if Lander exaciises this option, Lender shall take the steps specified in the second paragraph gf Paragraph 17. 14. Ne des. Any notice to Borrower provided fac in this Security Instrument shall be given by delivering it or by mailing it by lint class mail tit leis applicable law requites use of another method., The notice shall be directed to the Property Address or any other address Borrower designates by notice its Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any other address Lender designates by notice to Borrower. Any notice provided for in this Security Instrument shalt be deemed: to have been given to Borrower or Lender when given as provided in thispiaragrapb. , 15. Cavers>w law; Sevsrsboy. ?his Security. - Instrument shall be governed by federal law attd.th a law of the juris8iction is which the Property is located. io the event that any provision or clause of this Security instrument or the Note cadhas salt# applicable law, such conflict shall not aflest other provisions of this Security Instrument or the Now which an be given effect without the candicrng provision. To this end the provisions of this Security Instrument and flu: . Note are declared to be severable. 16. Bar»wals ti opy. Borrower shall be given one conformed copy of the Note and of this Security instrument. 17. Tr=Wbr at the Property or a BeeekW Interest is Borrower• If all or any part of the Property or any interest in it is sold or transferred (or if a bertelicial interest in Borrower is sold or transferred and Borrower is not a natural person) without Ltendees 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 ottee 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. Lander may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 1t1. Merewee's Rift to ReiwMate. It Bar&wer meets certain conditions. Borrower shall have the right to have enkircentem of this Security instrument discontinued at any time prior to the earlier of. (a) S days (or such other period as applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained to this 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; (c) pays all expenses incurred to enforcing this Security Instrument, including. but not limited to, ressonabie attorneys' fees; and (d) takes such achvn as Undo silty reawnably require to assure that the lien of this Secuttty Instrument. Lenders rights in the Property and Dos tower's iNiptsnn to pay the sums setuted by this Security Instrument shall continue unchanged. Upon rein %tatenient by l` ir(,*er. this Smurcty instrument and theubhgaouns aetuted hereby shall remain fully effective as if no accelcratum had ek..uirtd llrsnever , This fight to reinstate shall rr+ ±t apply in the cmeofacceleratyun under paragraph +l) cul7 K •1 ti