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I 8'"+.403713 If Leader required mortgage insurance as a vendition Of nukinj this limmt secured by this Security Instrument, PWWwer she ltpa�t, hC premiums required to maintains the insurame in cp'd�t samti,'p such time as the requirement for the ZL atrtatratittalsatia aeaotrlrincewith Dwros es and Lends :'swt'ittsrs at=reesaaasra4 or applicable law. litil�ietMr: Lender or its agent Wray snake resso able entries ul+oat Mid inspectiora of the Property. tender boeoMettsotioe at the time ofor prior to an inspection specifying remornsl kcattae for the inspection. 9. Caadatondes. The proceoda of any award or claim for damage. direst or consequential. in connection with any coademisation or other taking of any part of the Property, Of for cotntiryti C in lieu of condemnation, an hereby assigned and shalt be paid to tender. In the gym of a total taking of the Property, the proceeds shall be opphited to the sums secured by this Security iaatratastst. whether or not then due. with any excess paid to Borrower. Inn the event of a partial tatting of the Property. wden losrcrwn sad iratder dehwwise agree is writin& the sum seewed 'by this Security Instrument shall be reduced by the amount of the proccerfs multiplied by the Mowing fraction: (a) the total amount of the sums secured immediately before the taking. divided by (b) the fair market value of the Propaty immedti ldy before the taking. Any balance shall be paid to Borrower. If the Property is abandotnW by Borrower. or if, after notice b) Lerkler to Borrower that the condemnor offers to make an award or settle a claim for damages. Borrower faits to respond to Lca&r within 30 days after the date the notice is given. Lender is authorized to coam and. apply the proceeds. at its ol+tion. either to restoration or repair of the Property or to the sums secured by this Security Instrument. whether or not then due. Unless Larder and Borrower 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 paytnmtL 10• 8arowsv 1�* Relaasaift Ferrearaaee BY ImWer fiat a WaiTfir. Extension of the time for payment or modification of amortization of the sums secured by this Security instrument granted by lender to any sucoemrr in interest of Borrower shall not operate to release the liability of the oriaituall Borrower or Borrower's successofs in interest. Lender shall not be required to commence procoxhttgs against any s" essor in interest or refuse to extend time for pdiyttnent Or otherwise MOW-1yy amortization of the sums secured by this Sec"ty instrument by reason of any demand mode by the original Bovrtower.(nr Borrower's suCoeaaors in interest. Any forbemance by Lender in exercising any right or remedy shall not be it wmirer otocude the exercise Of say tight oe remedy. 11. $rioc9004 =*'Ant *s BitlttgA' Jail aw Snersd UabUft Co-siprers. The covenants and agreements of this Security Iristtttttnrat slrtsil;fremd ats&b¢tttefit the $90ceMrs and assign of tender and Borrower, subject to the provisions of paragraph 17. Borrower's, ci?venants and agreeattrtts shall be joist and Several. Any Borrower who co -signs this Security instrument but does not eerie the Note: (a) is 404i,Pting this Security - Instrument only to mortgage. grant and convey that Borrower's interest in rite Property under the taunt of this Security Instrument; (h) is not p. .sty ..emu tt-A to pz the scum secUted by this Security Instrument;_ arnd'(c) agrees that Le ider and any her Borrower may agree to extend. modify. forbear or make any accommodations with regard to the terms of this Secunty Instrument or the Note without that Borrower's consent. :f ::e l»'t secufw: to, tun az&;uray Iustrumertt is subject to a law which sets maximum loan Charges, and that law is finally interpreted so th &g. the interest or other loan charges collected or to be deileeted in eonreaka +,rind the loan exceed the permitted litriis. then-.-(0 any such loan charge shall be reduced by the amount nec:esRry to rei:Wce the charge to'the pimmixted limit; and (b) any sums already collected from Borrower which exceeded permitted'hadwwill be refunded to Bortt wa- Lanier may choose to make this refund by reducing the principal owed 'the Noce or by makings direct payment to.86rrt suer. If a refund reduces principal. the reduction will be treated as a pariatli prepayment without array prep+yment chitgr atrer the Note. 13. I;yiaiatiaa Allieetiag Lewes , . Rf If enactment a expiration of applicable tawis Oas the effect of rendering any prreseision of the Note or this Security Instrument uromforcesble according to its tettsris, wider, at its'dptizm. may require immediate payment in full of all sums)Wcure�d bb}� O'is Security instrument ti 4 }f. ic61*e any ratlioedies pters�itted by paragraph 19. If Lender exercises this.dViu on, l endershail take the steps specifiedtrz :tlbe sezx' W paragaph of paragraph i7. 14. Notlees. Any notice to Borrower provided for in this Security Instrument shot l:fbt given by delivering, itor by mailing it by first class mail unless appli"ble law requires use of another method. The notice shall be directed tb the Property Address or any other address Borrower designates by notice to lender. Any notice to Lender shall be given by Ira 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 shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. It 00111111/111 law; Severi"ity. This Security instrument shall be governed by federal law and the hsw of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security'Instrument or the Note cOR icts with applicable law, swb conflict shall not A eict other provisions of this Security Instrument or the Note rwhwh can be Xmm efat without the conflicting provision. To this end the provisions of this Security, (. nstrument and the Note are declared to be severable. 16. iget0w+er's C, py Borrower shall be given one conformed copy of the Note aadt of this Security Instrument. 17. Teaaafir ef the Progeny a a Betrefieis! taterest is Borrower. 1f all or any part of the Property or any interest in it is soil or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent. Lender may. at its option, require immediate payment in full of at] 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 of this Security Instrument. If Lender exercises this option, tender shall give Borrower notice of acceleration. The notice shall provide a period ofnot less than 30 days from the date the mice is delivered or mailed within which Borrower must pay all sums saured by this Security imtrwrest. if Borrower fads to pay these sums prior to the expiration of this penod, Lender may invoice any remedies permitted by that Secunty Instrument without further notice or demand on Borrower. 1111. Det1 ww's wok so Reinstate. if Borrower meets certain conditions. Borrower shall have the nght to have enforcement of this Security Instrument discontinued at any time pner to the earlier of: (a) 5 days (or such other period as L applicabk law MAY specify for rernstatement) before sale of the Property pursuant to any power of sate contained in this Secunty Instrument; Of (b) entry of a )udgment enforcing this Security instrument Those condnions are that Borrower (a) pays Lender all sums which then would be due under this Security Instrument and the Note had no acceleraton occurred. (b) cutes any default of any other covenants or agreements. (c) pays all expenses incurred in enforcing this 5ecuniy Instrumnt, including. but not llmirm to% Pc9&e!!lhtr f;..,, and (d) talcs sun' &%iav,a is Ueudcr May reasodsably require to assure that the lien of this Security Instrument. i rrider's nghts art the Property and 1AtrrPwcr's obligation to pity the sums %:uredf try this Security instrument %hall cnnrnue unchanged Upon reinstatement by Borrower. this Security ingrunirrt and the trbliptions secured hereby shall remain fully efreLtt.e as If nO aceeleratn'a had "urred3 Nrwe�er, thin rt8ht to reins ate shall imn apply in the c aI z of a _elrratu, t undr: paragraphs! t or i I