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103843 If Lender enquired mortgaV insurance a a condition of making the loan secured by this Security instrument. Borrower shall pay the premiums required to maintain the insurance in effect until such time a the requirement for the insurance terminate* in accordance with Borrower's and tender's written agreement or appUcabk law. dl. larMetian. I.etder or its agent may make reasonable entries upon and inspections of the Property. Lender shall give Borrower rtaia at the dime ofor prior to an inspection specifying reasortabk cause for the inspection. t. C016=1011111M TMe pruaoasdn of any award or claim for damages, direct or consequential. in connection with any eondemtaation or other ud is of any part of the Property. or for conveyance in lieu of condemnation, are hereby assiptsdand shall be paid to Lender. In the event of a total taking of the Property. the proceeds shall be applied to the sums secured by this Security Iastrnmats, whether or not than dam with gay cum paid to Borrower. In the event of a partial taking of the Property. unless Borrower and Leader otherwise agree its writin& the sums secured by this Security lnatrument shall be reduced by the amount of the proceeds atWdplied by the fallowing fraction: (a) the total amount of the suns secured immediately before the takin& divided by (b) the lair market value of The 8ropety immediately before the taking. Any balance shall be paid to Homower. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor otters to snake an award or settle a claim for damages. Borrower fail to respond to Lender within 30 days after the date the notice is given. Lerader.is astlimized to collect and apply t}lte. p vcwds. at its option. either to restoration or repair of the Property or to the sums eectu+d by" Security Instrument, whether or not then due. Unless Loidermd Borrower otherwise agwin writing. any application of proceeds to principal shall not extend or postpone the due due of the monthly payments afrred to in paragraphs I iv.1d 2 or change the anwe a is d( such payments. 10. Ss emu Not Ralsaaa* Forltsomee by Lmdw Not a Waiter. Extension of the fr!= for payment or modification of amortization of the sums secured by this Security Instrument granted by Leader to any successor in interest of Bon owes shall not operate to release the liability of the original Borrower or Borrower's successor in interest. Under shall not be required to commence proceedings &Sam any successor in interest or reflise to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Oornower or Borrower's successors in intv=L, Arty forbearance by Ltada in exercising any right or remedy shall notbersweroforpr qd * ktfte exercise ofany r4kcctmiedy. IL esaaara na.d Aadtsr Samk gout md Satedill lAdd r, Co4dram ..The covenants and agreements of this Security Instrua etscsholl bind and benefit thesucemots and assigns of'Lender gad; Borrower, subject to the provisions of paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security Instrument but does not execute the Note: (a) is co4ig ring this Security Instrument only to mortgage. grant and convey that Borrower's interest in the Property undo the teem of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agreft that Lender and any other Borrower may agebe to extend, modify. forbear or matte gay acoommodatkm with regard to the terms of this Security Instrument or the Note without that Borrower'scoamt. 12 tAMO CSO"00 rPttei• 4tiw �wr�trwrt I.y t?:•°� C• =`Lilt I '!,'�.- ^.LS:' =!! 'e!l�t1i'^. -! !^ & 13°. T11: h �� Dw ^fin. »w. L..w chargm and that kw is finally interpreted so that the iatmest or other loan charges collected or to be collected in connection with the lose exceed the permitted limim then; (a) any such loan charge shall be reduced by the amount necessary to ndw the cfsarge to the permitted limit, ad (bj any sums already collected fran Borrower which exceeded pmWtted limits wiB'be refunded to Borrower. Lentdier msy. choose to make this refund by reducing the principal owed ender the ,Note or by making a direct payment to Iborrc*a.. V& refund reduces principal. the reduction will be treated a a partia�i �t without any prepayment charge tinder the Nootc U Losidallea Af ecdog larder's RiMtta. If eaictment or expiration of applicable laws has the effect of rendering any provision of the Note or this Scarify-Instrument unenforceable according to its tests. Lender. at its option. dewy raoLire immediate payment in fidl of all sedans secured by this Security Instrument and may involve any remedies permitted by. paragraph 19. If Leader exercises tTlini option. Lender WWI take the steps specified in the second paragraph of paraEta�ft: Li. 14..: Any notice to Borrower provided for rat his Security Instrument shall be given by deliverinlgit or by wading it-by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or gay other address Borrower desiptates' Sy,notke to Leader. Any notice to Lender shall be given by first class mail to Leader's address stated herein crony other address tender designates by notice to Borrower. Any notice provkW in this Security Instrument shall bedeemW to'have_been given to Borrower or Lender when given as provided in twporagsaph. IS. Ggiond" Lw; Saveraiiiity. This Security Instrument shall be aovemred by federal law and the law of the jurisdiction in whiei the Property is located. In the event that any provision or clause of this Security Instrument or the Note conflicts with applicable lair, such conflict shall not affect other provisions of tlha Security Instrument or the Note which cm be gives effort without tie conflicting provWort. To finis end the provisions of this Security Instrument and the Note arc declat ed to be severable. 16. Butwwsii Can. Borrower shall be given one conformed copy of the Note and of this Security instrument. 17. Tfmmf r of tie FieWty or a Sndidal latered is Borrower. If all or any prat of the Property or any interest in it is sold or tramierred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) witbout Leader's prior written consent. Leader may, at its option. require imtrudiate payment in full of all sums secured by tltia Saewity Instrument. However. this option "I not be exercised by Lender if exercise is prohibited by federal law w of the date of this Security Instrument. if Leader ezenues this optice. Leader shall give Borrower notice of acceleration. The notice shall provide a period of not leas theses 30days fray the date the notice is delivednd or mailed within which Borrower must pay all sums secured by this Security Iaatrwasm. If Bawower fails to pay these sums prior to the expiration of this period. Lender may involve any rime" permitu d by this Security Instrument without further notice or demand on Borrower. 1lL Sarrom i 4W se Rai smu, if Borrower meets certain cortdtttons. Borrower shall have the naht to have ad rcemeat of This Srcwicy I narvmmt discontinued at anytime prior to the earlier of- (a) S days for such other period as applwAilc law nay specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Secunty Instrument.- or (b) entry of a judgment enforcing this Security instrument Those conditions are that Borrower (a) pays Lender all scans 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 Instruaent. including, but not limited to. reasonable attorneys' fees, and (d) takes such action as Lender may reaaortably require to assure that the lien of this Security Instrument. Lender's nghts on the Property and Borrower's, obligation to pay the sums secured by this Security instrument shall continue unchanged UpKm minstatemait by PIMc rer. this %ecurny Instrument and the oMmjstKxis secured hereby shall remain fully effective as of no accelerates had 1Krurred Ifowevm:r. this right to reinstate shall riot apply on the La%e of atceleratoojn under paragraphs 1 t ur 11 -I ,. e-li