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89-- 10367, If Under required tttortsage insurance as a condition of making the lcian secures! by this Security Instrutrren . Rmower shall pay the premiunwi required to maintain the insurance in efect until such time as the requirtment for the insurance terminates in accotdiurce with Borrower's and Under's written agreement or applicable law. R Ittspectrieat, LamW or its ascot tray make reasomibie entries upon and inspections of the Property. lender shall give Borrower notice at this tinsa of or prior to an intalwtion specifying reasonable cause for the inspection. 9. Coodiwoo sia The pro ow & of any award or claim for damages, director consequential. in connection with any condemnation or other tnkiog of any part of the Property. or for conveyance in lieu of condemnation. are hereby waisaed and shallbe paid to Lendsr, In the event of a total takiftg of the Property, the proceeds shall be applied to the sums secured by this Security Instrument, whether or snot then dufa, with any excess paid to Borrower. In the event of a partial taking of the Property. maim Dorrower artd Leader otherwise agree in wntm& the sums secured by this Security lestrunsent shall be reduced by the onciont of the praoaeds mehiplied by the following fraction: (a) the total amount of the sums secured immediately before the lapin& divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be paid to Borrower. 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 Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the proceeds, at its option, either to restoration or repair of the Property or to the sutras second by this Security instrument. whether or not then due. Unk a Leader and Borrower otherwise ages in writing. any application of proceeds, to. principal shall not cytwd or postpotse the duedate of the monthly payments referred to in paragraphs 1 and 2 or chanp+~ the amount of such 14ytteriats. 10. Do-sow Nat Rekm* Forbserum By 1.endw'.dot a Wadver. Extensi of the tinge for paymesrt or moth leation of amortization of the sums secured by this Security Instrument granted by Lender to a" successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's sucors in intennrat. Lender shall not be required to commence proceedings against 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 of any demand mad le by the or*" Borrower or Borrower's sucemors in interest. Any forbearance by Lender in exercising any right or remedy sbia 1wtbe a waiver of or preclude the exercise of any right or remedy. 11. The covenants and agreements of this Security Iftttument shall bind and benefit the successors and assipu of Lender and Borrower, subject to the provisions of paragraph 1 T. Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security Instrument brit does not execute the Note: (a) is cosigning this Security Instrument only to mortgage. pant and convey that Borrower's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the .4. me a,w.Ved hu this C.w►Vitu- 1r., ..,i l.) ..►a.. that r a ind *ftu other see gnaw wat.r In attrn�! modify, forbear or snake any accommodations with regard to the terms of this Security instrument or the Note without that Borrower's consent. 12. Iwars ClwpL If the loan secured by this Security instrutent is subject too law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loam charges collected or to be Collected in connection with the loans 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 or by making a direct payment to Borrower. if a refund reduces principal. the reduction will be treated as a partial prepayment without any prepayment charge under the Note. „ A Lsgialatien A!1►ectiag Imdsea Roft If enactment or expiration of applicable laws has the effect of rendering soypttavision ofthe Noteor this Security Instrument unenforceable according to its terms, Lender, at its option, requite ixtt�te payment in full of all sums secured by this Security Instrument and may invoke any remedies pdismftsbd by, psirsgraph 19. If Lender exercises this option. Lender shall take the steps specified in the second paragraph of piertngrapb 17. id. Mekieea, Any notice to Borrower provided for in this Security instrument shall be given by delivering it or by mailing it by fimclass mail unless applicable law requires use of another method. The notice shall be directed to: the Property Addriew.or any other address, Swower designates by. rttstiee to 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 n0 ice to Borrower. Any notice provided for in this Security lnstrumeatshall be deemed.,to have been given to Borrower or Lt 6r. when.given as provided in,(iris paragraph. . I& GispoWag Law. SesenMNty. This Security Instrument shall be governed by federal taw and the law of the jurisdiction in which the Property is located In the event that any provision or clause of this Security Instrument nr the Note Conflicts with applicable law. such conflict shall not affect other provisions of this Security Instrument or the Note which can be gives elect without the conflicting provision. To this end the pmvisioas of this Security Instrument and the Note are declared to be severable. 16. Rei rower's Cary. Borrower shall be given one conformed copy of the Note and of this Security lnmvn Gnt. 17. Traader otf tae Property or a BsnieficW law ral tst Borrower. If all or any part of the Property of uny interest is it is sold or transferred (or if a beneficial interest in BorrtiraFer is sold or transferred and Borrower is not a natural petsan) without Lender's prior written consent. Lender may. at its option. require immediate payment in full of all sums secured by thus Security Instrument. However. dsis`ortion shall not be exerused by Lender if exercise is prohibited by federal law as of the date of this Security Instrument., If Lender exetcum this option. Lender shall give Borrower; t2otice of acceleration. The notice shall provide a period oaf not less than 30 days from the date the nonce is delivered or mailed within which Borrower must pry all sums smutvd by this Serer -ty Instrument. If Borrower fails to psy these sum prior to the expiration of this period, Lender Tray invoke any remedies permitted by thus Seicunty Instrument without further notice or demand on Borrower. 18. So *wen's RW to ReiaMNe. If Borrower meets certain conditions, Borrower shall have the right to have enforcenwrit of this Security Instrument discontinued at any time prior to the earlier of (a) S days (or such other period as applicable law may spccdf fw reinstatement) before sale of the Property pursuant to any power of sale contained in this Security instrument, or (b) entry of a judgment enforcing this Security instrument Those conditions are that Borrower- (a) pays tenter all sutras 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 in enforcing this Security instrument, including, but not limited to, reasonable attorneys' fees, and (d) takes such action as Lender may ;tai�,:,ihly rer4wri fie, iaw;c that the 1wri of this 'etiusitj lailrun-sent. Leriu' es ii0as in the r tot -my and '�a ?rfowc;'3 crbiWmn to psy the sums secured by this Security instrument shall continue unchanged Lposi reinstatement by 11orrowrr, this Securioy instrunt%nt and the o bitgautyns wcured h_rehq shall remain fully c1recto c as if m. arvelkratwn had oic cued Ifzwe "r. thti right to reinw.tate shall rivi apply in the cast of atcelerattoyi tinder paragraphs �. f