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' f . f 89- 104308 1 ' If Larder requited moagaga insurance as a condition of making the loan secured by this Security Instrument. Borrower shall psi the s; C, iwrs required to maintain the insurance in effect until such time as the requkerimt for the kwaliaotwlitgMe iaetoaoliinoe with Borrower's and Le'ader's written agreement or applicable law. g. IlisaM�tltt �`!aeriddt or its matt may make reasonable entries upon and inspeatiiorrs of the Property. Lender sboshve IIM1+eMnM!'O"il timeofor prior to an inspection specifying reasonable causeforthe inspection. - is t�isillltsiiWi4:'" praoeetd: of any award or claim for damagm direct or r,tomequeatial. in connection with any eoade msuion or other Mkiag of any part of the Property;. or for conveyance in lieu of condemnation, are hereby asttigsted atsdtdall be paid to header. In the tevestt of a total taking of the Property. the �-duili be applied to the surfs sccurcd by this Security Iaurtaasast. wbetlter at not then drab with any excess paid to Dower. Irt the :cvent of a partial taking of the Property. ualm Borrower and Lender otherwisr agree in wwritin& the sums secured trg tW Secutrity. Instrument sludl be reduced by the amount of the proceeds multiplied by the following fractiart: (a) the WAR amount. of the sums secured immediately paid bd he to Borrower. �• divided by (b) the fair market value of the Proatty immediately before tlttaking. Any balance shall be If the Property is abandoned by Borrower. or if. after norat a by Lender to Borrower that the condemnor o![em to ..mmitim an award or settles claim for damages. Borrower fails to rtqwnd to Lender within 30 days after the date the notice is f mender is authorized to collect and apply the: proceeds, *tits option. either to restoration or repair of the Property or trntllr±�sum wearied by this Security Instrument. wheftror teat: dieie due. Uniesa $,ender and Borrower otherwise agree in writin& atcy application of proceeds to principal shall not extr.ad or postpone the%%. e"date of the monthiy payments referred to in pWamphs 1 and 2 or change the amount of such payments. Iii. Borrexiii Nail; Beksm* Farb arasce * I.estkr :dot a Wisher Extension of the time for payment or modification of amortization of the sums secured J*--this Security dnstrunmr1pz Granted by Lender to any successor in intemst of borrower shall not operate to release the iiiiiiility of the ongrnnfau r,:,wer or Borrower's successors in interest. Lender shall not be requital to commence proceedings agmiasi. A' ay sucm.- -m in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured h, tells Ses-u6i; 'Jostrumetrr by reason of any demand made by the original Borrower or Borrower's successors m ismaest. Any f brbearsnceit ?-Lender in exercising any right or remedy drat tent be a waiver of or prelude the exercise cif anty- ftht or remedy. 11. Sim ssI, Md AmWOu Se sst Joint x" &reral Lialiilitr. C s-Wgwm. The covenants and agreements of thL� acunty instrument shall bind and benefit the s sors and assigns of Lender and Borrower, subject to the pfov- cans v {*'*' it�ttlr i ?. Borrower's covenants and agretmarits shall be joint attd seven!. Any Borrower who co -signs this Security liicyirnet m but does not execute the Note: (a) is codrgnir g this Security Instrument only to mortgage. grant and convey Borrower's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend, modify, forbasr or make any accommodations with regard to the terms of this Security instrument or the Note without that Borrower's consent. 12. Lam Clargr& if the ban secured by this Security instrument is subject to a law which sets maximum loan dbArgm and that law is finally interpreted so that the interest or other loan charges collected or to be collected in oxat action with the loan exceed the permitted lights. then: (a) any such loan charge shall be reduced by the amount rwessary to rs40e the chute to the permitted Wait; and (b) any sums already collectal,fmin Borrower which exceeded permitted ho ft will be refuisded to Our mm w.r l gaoler may chsxyo ro make this refund by reducing the principalgraved ,=da the Note or by making a direct payment so �x7ower. If a re4ind reduces principal; the reduction will be trcatect as a wr ial prepayment without any prepayment charg-- winder the Note. 12. IASWWtion AAsetisg LttWw s !RA&L if enactment or expscvion of applicable laws has the effect of rendering any provision of the Note or this Security instrument unenforceable according to its terms, lender. at its option, may require s3mmediate payment in full of all sums secured by this Security Instrumem: and may invoke any remedies periimitted by imigraph 19. if Lender exercises this option, Lender shall take the stepsapet;&,'td in thesecond paragraph of yi oagraph 17. 14. Nl odees. Any notice to Borrower pn *msed for in this Security Instrument shall be given w,fi-Delivering it or by mailing it by first class mail unless applicable ;zsl requires use of another method. The notice sham be directed to the Property Address or any other address ll "ower designates by notice to Lender. Any Under shall be given by firu clan matt to Lender's address stated t ttce:n Gtr any other address Lender designates by :*i:;f ci iii Ikrrower. Any notice pctaaided for in this Security Instrument to have been given in,, I)nrrower or Lender v0vi given as provided is fus paragraph. IS. Cyarsfsg Law. SetreraliMita.. This 5ecanty instrumtew shat) lie governed by federal law and the law of the jutisdution in which the Property is 1- mrcrd. in the event that any provision ar clause a da.s Security instrurnenC tir the Note conflicts with applicable law. suck tsanW shall not affect other provisions of this Sec irity Instrument or vhaz mate which can be given effect without the conflicting rrraxision. To this end the provisions of this Security,1.11 strument erect the Note are deciared to be see enable. 16. Barrawsr's Ceanw. Borrower shall be given one conformed copy of the Note and of this Security Instrument. 17. 'I'MmOr of ibe Property [ir a Beaefieid lotertest is Burrower. If all or any part of the Property or any interest to it a sold of transferred (^r'if'ts beneficial interest in Borrower is sold or ttansferrrrtf and Borrower is not a natural person) without Lender's 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 wof the dateof this Security Instrument. If Lender exerctses this option, Lender shall give Borrower notice of accektation. The notice shall provide a period of riot ku than 30 days from the date the notice is deisvered or mailed within which borrower must pay all sums scoured by this Smunty instruetent. If Borrower fails to pay thaw sums prior to the expiration of this period. Lender may invoke any rEmeampermitse0>sy thisSeeutity Instrument without further noticeordemand on tkirrn•.%er to. an rtim's RiMt to Re6aatase. if borrower meets certain conditions. Harrower shall Have the right to have enforcement of this Security Instrument discontinued at anytime prior to the earlier of fa) S days for such other period as L applicable law may spairrfy for ratmtattment) before %ate of the Property pursuant to any power of sale contained in this Security Instrurttent, of (b) entry of a judgment enforcing this Security Instrument Those conditions are that Burrower (at pays Lender all sums which then would be due under this Secunty Instrument and the Note had nu acceleration occurred. (b) cures any default of any other covenants or agreements, fc) pays all expenses incurred in enforcing this Secunty Instrument, including. but not limited to, rrasunable attnrneyc fees. and Of takes such arum =.n as Lender may reniriaNY regttrfe to asmurt that the lien of this Security Instrument. Lender', tights so the Propetiv and Dorrwarr's obligation to pay Me sums secured by this Security Instrument shall continur unchanged. Up to reumatetncitt ray Narr(wer, this Setuttly Instrument and the Obltgatitrns secured hereby shall remain Fully eff"itue a,. if w) acceirration had (KCurred flowerer. rhesrtght it) rtinture shall not epply to the case ofa:ce:ct iti(a) urair,., paragraph I i ot 17 ALL K4 t�