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F r -� 104354 U LMMW raillitired EMMM insurance as a condition of malft the loan Mewa Toy this S&v**.v Instrument. On -own 00 M Ow pteselism required to maintain the insurance w effimt until such time as the requireinent for the iNwanediffil"ift is P P I Mais I I With Borrower's and Lender's written agreement of appliftbitt law. AL 11aspadsta. Lender or its agent may make reasonable entries upon aid inspeictim of the Property. Lender sal give Borrower encode at the time of or prior roan bapection specifying reawriablecavee for the inspection. 9 Comdom■dm The Vniserk of any award or eWm for danqMs. dirm orcouequentiat in connection with any condemnation or other taking of any pan of the Property, or for conveyance in lieu or condemnation, we hereby assigned aid shall be paid to Lender. Ice the event of a total taking of the Property. the proceeds shall be applied to the sums secured by this Security Intrustient, whetberor rM then dm with any excess paid to Borrower. In the event of a pulw;tawng of the Property, utsleis Ommer m4 Lender othavise agree in writing, the stuns secured by this Security Iii minent shall be reduced by die *00ami.of the V n 0eds multiplied by the following fraction. (a). the total amount -of ft suft secured immediately taking, dilt*W by (b) the fair market: value of the Property immediately Wok. the tak . ing. Any balance shall be before t& paid to Borrower. If the Property is abandoned by Borrower. or if. after notice by Lender to &Wr-3wCr'that the condemnor offers to M*Zaa award or settle a claim for damages, Borrower fails to respond to Lendei.witItitit 30 days after the date the notice is givtvi; Under is authorized to collect and apply the proceeds. at its option. either top mi-oration or " Pit Of the property or wthi Mm secured by thisSecurity Instrument, whether or not then due. Unless Lmlaariil Borrower othemme-a'Vee in writing, any application errceeeds to principal shall not extend or .'postpone the due dam-afthir monthly paymmftreferred w in paragmphk 141RO Z or dwgc the amount of such payments. 10 8=JaWQC.*,i1W Rai .W'S*, By Lesiller Not are Eif-ension of the time for payment or modification of unaMMUW of the-sumi -iaured by this Security -=—t- #Wad by Lender to any successor in interest of Borrowcrsh&H not Ooekiti ib relesse the liability of the ortloli&', &'irsevw, 4 Borrower's successors in interest. Lender shall not be inquired to ammence proceedings against any N'u'='em'v' « :01 -erect or refuse to extend time for payment orodierwise modify ami(ri ifkation of rile sums secured by thitiSezi;rms i n =nnt by reason of d ema nd = w by the original Borrower or I *Ws' successors in interest Any fdrbesm cel*, Eeool�zt in exercising any right or remedy shal I not be a waver of or preclude the excirciw of any right or remedy. it. Sneetistsaes MW AssWu 5aw4 Joint and Several LU611111111r, C6440sem The coveriants, and *g.",mmints, of this Security ltivrommt. shall bind and benefit the successorsand assigns o(Levider and Borrower subject to the-rravfs, of paragraph IT &XIXYNW,*s covenants iind:Mrouricrits shall be joint "-weral. Any Borrower wtoo. co-sips this SeL-&;zdft$-- Instrument but doackit execut* the cosigning this Securk*; bstrument only tenToMpSe, grant and convey that Borrower's interest in the Ft ualw'the terms of this Secunt) ten-trumcr,-,*i: (b) is not perionally obligated to pay the surns secured by this Security Instrutrum.t. and (c) agrees that LoWer and arty other Borrower may agree to extend, modify. forbear or make any accontmodatitim., with regard to the term oif this Security InsinLrmt or the Note without that Borrower'sconamt, 12. tassicbsirlps. if the loan securru" by this Security Instritzinent is subject to a law which sets maximum loan charges.- and that, law is finally interpreted so that the interest or other loan charges collected or to be. collected in connection With the loan exceed the permitted limos. then: (a) any such loan charge shall be reduced Ltrf.- the amount necessary tamduce the charge to the permitted limit; and (b) any suttees already collected from Bm0wer iv exceeded permitted limits, tivill be refunded to Borrower- Lender may choose w, mnake this refund by redumns the principal owed under the Note or by making a direct pay menu. vo Borrower. If a refund t.�xcs principal. the reilwion will be treated asA' partial prepayment without any prepayment charge under the Note. 13. Le&k1l" Affaft Lesiller's Riots. if enactment at expiratim-of applicable- laws has the effect of re-ndermlany proviumof the Notcor thisSectinty Instrument unenforoexble according to its terms, Lender. at itsoptizr'y;. may require immedime payment in full of all sums secured by this 5 -misty Instrument and may invoke any remelgi%- permitted byparagraph 19. If Lender exerciw.% this option, Lender sh;010 take the steps specified bm The smoind paragirsoof paragraph 17. 14. Notices. Any notice to Borrower provided for in this %---urity Instrument shall he given by deiNtring it or by mailing at by Pint class mail unless applicable law requires use ,,:1. &i^.other method. The notice shall be ditected to the Property Address or.any other address Borrower designates by mrCKe to Under. Any notice to Lender shall be given by first elm mail to Lender's address stated herein or any other address Under designates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed t• have been given to Borrower or Lender when given as provided in this paragraph. U. Coveraft Law. Seerdillity. This Security Instrument shall he governed by federal law and the law of the jurisdiction in which the Property is located; In the event that any provision or clause of this Sc. urily Instrument or the Note conflicts with applicable law, such coadict shall not affect other provisibris of this Security Instrument or the Note which can be even effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are declared to be severable. 16. Derrower's Copy . Borrower shall be given one conformed copy of the Note and of this Security Instrument. 17. Irroulw elf tie Froprtywaft 10 -i lawregioBorrower. if all or any part of the Property orany interest in it is sold or transferred tot if*a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent. Lender nvay. at its optter, 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 asof the date ofthis Security Instrument. If LerAkf exeram this option. Letidershall give Borrower notice ofacceleration The notice shall provide a period of not kas than 30 days from the date The notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrumerit, If Borrower Csih to pay thew sums prior to the expiration of this period. Lender may invoke any remedies permitted by this Security Instrument without further notice or demand en Borrower. It. WWF*W* KUM to NaloobW. If Borrower meets, certain conditions. Borrower shall have the right to have enforcement of this Security Instruntgotdiscoritinued at any time prior to the earlier of. la) 5 days for such other period as qViscabLe law may specify for reinstatement) before sale of the Property pursuant to any power of sak contained li, this Security Instrument. or (b) entry of judgment enforcing this Security Instrument Those conditton-, are that Borrower. (a) ;vy!k Lender all writs which then would be due under this Security Instrument and the Note had no acceleration cwturred. (b) cures any default of any other covenants or agreements, (c) pays all expenses incurred in enforcing this Siecunly Instrument, tricludiny, but rim limited to. reasonable sitorneys" fees. and (d) takes such action as Lender may M1110"blY rf%U11V 10 IMMUM that the 11M Of this Security Instrument, Lender s rights in the Property and Wiffower'% (INVIICM W PSY the UM secured by AM FAXUnty 1OWUMC111 •hIll CivillinUe unchanged Uton reinstAtclurill by FkWrowtt, this Security Instrument and the obhgatfons%ecured hereby shall fernam fullt, effemive as if wt at:tleram%n had - of 1-ted- IU-netet. this tigbt to reinstate shall Put apply in tliccs:z of acieltrai,.on undtf paragraph-. I 1w I? -1