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If Under itr(uirW ttsortgaIle insurance as a condition of making the loan secured by this Security Instrument. Brxtower situ pay the premiums requited to maintain the insurance in effect until such time as the requiranent for the inu raaae teinninates w, wco rdance with Borrower's and Lender's written agreement or applicable law. IL Lader or its agent may snake reasonable entries upon and inspections of the Property. Lender shall 5-M 1�xt.» At the timeofor prior to an inspection specifying reason use able ca for the inspection. Cwdatti�iltai. 'lire proceeds of any award or claim for damages, diteet or coutdquattiil, in connection with any cotrdetnttatill+i or other taking of any part of the Property, or for conveyance in Heu of condeonaation, are hereby sad " be paid to larder . le the ~ of a total taking of the Property, the proceeds shall be applied to the sutras secured by this Secufty Ints mmen4 wlict,ba sir not then dm with any excess paid to Borrower. In the event of a partial taking of the Property. irnim Bixxower and Lttpt a otherwise agree in writing, the sum secured by this Security Instrutsent shallll be reduced by thtammpt +af`tbe 0i6cee6 multiplied by the following fraction: (a) the total amount of the sutras secured imrnedntdy b cSxe Ae t fling, divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be paid to Rof dwer. 1"t6 Property is abandoned by Borrower, or if, after:ztotice by Lender to Borrower that the condemnor offers to make an hied or settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date the notice is given; L 1krii authorized to collect and apply the proceeds. al its option, either to restoration or repair of the Property or to the suttts sear d by this Security Instrument, whether or note then due. Un7es L a4ar and Borrower otherwise agree in writu:.& any application of proceeds to principal shall not extend or posipm tlt:>~ib tc�:r afthe monthly payments referred to in paragraphs 1 and 2 or change the amount of such pwiyrttents. iQ. l rir Released; Forlarana By Lender Not a Waiter. Fxreasion of the time for payment or �tioc4 �amorsziion of the sums secured by this Security Instru amt graraled by Lender to any successor in fir st of $mower shall not operate w release the liability of the original Scrrowa car Borrower's successors in interest. Leader sft L ih ! be required to cma+;imme proceedings against any successor in im rest.. or refuse to extend time- for 1}iln�iterit ii'i ia�vise rura fy amortization of the sums secured by this Security Instrusrscby reason of any demand trade by late ori&W Borrower.arBorrower's suca ssom im interest. Any forbeam=4y Lender-in exercising any right or remedy shall not be a waiver of erpreclude the exercise of any right or remedy. 11: Sssiteemm turd A=Ww Busts$ Joint Md Several Liability; Co- signers. The covenants and agreements of this Security, Jimmmentshall bind and bene5t the successors acrd: assigns of Lender and Borrower. subject to the provisions of paragraphs t'f. Borrower's covenants and agreements shall bekwot and several. Any Borrower who co- sighs this Security l:astrument but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage. grant and convey that 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, forbdtr or make any accoegaracrdstions with regard to the terms of this Security Instrument or the Note without that Borrower's consent. it Loan Charges. If the "n secured by this Security Instrument is subject to a law which sets maximum loan charge% 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'! =Its. then: (a) any such loan charge shall be reduced by the amount necessary ip induce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted li:snts will be refunded to Borrower. Lender may choose to make this refund by reducing the ptinpi(n"wed 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. 13. I.egi kdois Alfee tg Leader's R16ta. If enactment or expiration of applicable laws has the effect of rendering any provision of the Noix i:s this Security Instrument unenforceable according to its terms, Lender, at its option. may require Immediate paymens M fU: of ail sums secured by this Security instrument and may invoke any remedies permitted by paragraph FPf: 6f Lender exercises this option, Lender shall take the steps speicified in the second paragraph of paragraph 17. • I ' IC Notica. Any notice to Borrower Provided for in this Secut ry, Instrument shall be given by delivering it or by ' +issuing i '.i+ry first class mail unless applicable law requires use of another method. The notice shall be directed to the Property eiMress or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by 'fitT,t class mail to Lender's address stated hereir or any other address Lender designates by notice to Borrower. Any notice provided for in this Security instrument shall be karied to have been givemio Borrower or Lender when given as provided iat<his paragraph. 15. tAVersi ft Law: Severability. Thn. Security Instrument shalt be governed by federal law and the law of the jurisdiction in.which the Property is, Wited. In the event thin any provision or clause of this Security Instrument or the Note coc &,..:s with applicable law, iach conflict shall not aftt other provisions of thmsecurity Instrument or - the Note which can be given effect without the conflicting jinivision. To this end the provisions of this Security Instrument and the Note are declared to be severable. 16. BirrawWs CrNy. Borrower shall be given one conformed copy of the Note and of this Security ltrti)rument. ti. Trat dw of tdw Property or a Beaefcial Interest is Borrower. If all or any part of the Property, or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is net a natural person) without Lender's prior written consent. Lender may, at its option, require immediate payment to 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 asofthe dateof this Security instrument. If Lender exercises this option. Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this ccurity In:t:s niz -at. If BB tresrer • a- to My tL-- sm-mr- prior to the e1qr:atinn of Ihic rrraNl. 1,rnd r may invoke any rtmedrts permitted by this Security instrument without further notice or demand on Borrower. IS. Berrowa►'s Rift to Refrtatit. If Borrower melts certain conditions. Borrower shall have the right to have enforcement of this Security instrument discontinued at any time prior to the earlier of: (a) 5 days for such either period as applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale cuntaintd in this Secunty Instrument' or(b) entry of a judgment enforcing this Security Instrument Those conditions are that Borrower_ (a) pays Lender all sums which then would be due under this Security instrument and the Note had no acceleration occurred, tb) cures any default d any other covenants or agreements. (c) pays all expenses incurred in enforcing this Saunty Instrument, including. but not limited to. resscstablee attorneys fees, and (di i sket %itch action as Lender may reasonably require to assure that the lien of this Security instrument. Lender's rights in the Property and Wrroaer's obliptitin to pay the sums secured by this Security Instrument shalt Continue unchanged t pi'n reinstatement by Igor. ovmr. this5ecurity instmment and the obligattens sectmed heithy %!tall renisin fully effcot;-,e a-% if n--, aL`elerstwis had cs:currei; Howe %cr. this right tereirntate shall not appl y in the caw cif aci eleratmn under p3ragrapti:s t i itr 1 M 7 R 1 .._J