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I s 6� l 9 i7 3 l i i i If Leesder required mortgage insurance as a condition of making the loan stxun d by this Security Instrument, Borrower shall pay the premium required to maintain the insurance in effect until such tithe as the requirement for the insurance terminates in afiocaidaiiioe with aorrowet's and Leader's written agreement or applicable law. f. rope tl wL - L enter of its agent may make reasonable entries upon serif insa i dons of the Property. Lender- shall give Borrower notiice st the time of or prior to an inspection specifying reasonable cause: QA the inspection. 4 Ceaiemri tlan. The pcoeeeda of any award or claim for damages, direct or conoetuential. in connection with any condemnation or other eating of any part of the Property, or for conveyance in tieu•of condemnation, are hereby assigned and shall be plaid to Lender. in Idle event of a total taking of the Property, the proceeds shall be applied to the suns secured by this Security Instrument, whether or not then due, with any excess paid to Borrower. In the event of e.partial taking of the Property, unless Borrower and gender otherwise airea in writing, the sums secured by this 3ecurit;{fttrtrment shall be reduced by, the amount of the proceeds multiplied by the following fraction: (a) the total amount. cf the sums secured immediately before the taking. divided by (b) the fair mantel value of the Property immediately before the taking. Any balance shall be paid to Borrower. If the Property is abandoned by Borrower, or if, after notice by Lender to Barmwer that the condemnor offers to make an award or settle a claim for damages, Borrower fails to respond to Lender withiq •3d days after the date the notice is given. Lender is authorized to collect and apply the proceeds, at its option, either torttorstiod or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. Unless Lender 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 1 and 2 tic change the amount of such payments. " 10. Borrower Not Released; Forbearance By Leader Not a Wahl r. _. Extension of the time for payment or modification of amortization of the stuns secured by this Security Instrument granted by Lender to any successor in Werest of Borrower. shall not operate to release the liability of the original Bem- wer or Borrower's successors in interest. Lender shall not be required to commence proceedings against any successor inL interest or refuse to extend time for payipept.or otherwiise modify amortization of the sums secured by this Security Instrument by reason of any demand made by ihrut gitA & r rower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a wii&yr of or preclude the exatc" of any tight or remedy_ 11. Suers m d Assigns San* Joint wail Several I iahility, C&- sipters. The ciavva -.snrs and agreements of this Security Instrument doff bind and benefit tine sui:ce mrs and assigns of Lender and Borrower_mIvji tic the provisions of paragraph 17. Borrower's c cermarits and agrsmtenfsi_s[tall be joint. and several. Any Borrower w ?io CC-61 ins this Security - Instrument but does not execute the Note: (ai) is co- Vgning this Security instrument only to mortgage, grant and convey that Borrower's iaftmt in the Property umfo�r: (:tic tizi= of this Security instrument; (b) is not personally obligated to pay " the sums secured tell' this Security Instrument; and (c) agues that Lender and any other Borrower may agree to extend, modify; forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without thatI1'Ca'taswer's consent. 121 Laarrt7 qps. If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges, and.rJiut`.tiw is finally intetprefta3. so that the intermi1or other loan charges collected or to be collected in connection �ixlt�•ilse loan exceed the pertmAted limits, then. (;r) any such loan charge shall be reduced by the amount necessary to rice the charge ro the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted timitk-4ill be refanded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Not (ix lay makings direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepsyme mi-without any prepayment charge under the Note. 13. Lead etloni Afftetiq Lender's Rlglta. if enactment or expiration of applicable laws has the effect of — rendenng any provision of the Note or this Security Instrument unenforceable according to its terms, Lender. at its option. may ">rregn:re immediate paytuent in full of all sums swired by this Security Instrument and may invoke any remedies permitted by paragraph 191f'1..ender exercises this optic. n. Lender shall take the steps specified in the second paragraph of _ paragraph 17. M Notices, Any notice to Borrower provided for in this Security instrument shall ht given by delivering iii era lit" _ mailing it by first class mail unless applicable law requires use of another mettod. The notice shall be directed to 1-11-4 Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by i first class mail to Lender's address stated herein or any other address Lender dr ignates by notice to Borrower. Any MEMO provided for in this Security instrument shall be deemed to have been given to Borrower or Lender when given as provbdrai in this paragraph. 15. C,gpertake Law; Sevetability. This Security Instrument shall N- gavemed by federal taw and the law of the jurisdiction in which the Property is located: In the event that any provisian or clause of this Security Instrument or the ' Note conflicts with applicable law, such confict shall not affect other provisions of this Security Instrument or the Note which can be given effl ct without the conflicting provision. To this end the provisons of this Security instrument and the Note are declared to be severable - 16. So one 's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument 17. Trayskr of the Property or a Beadkial interest in 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 not a natural person) without Lender's prior written consent, Leader may. at its option, require imrediate payment in full of all i:ums 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 Secunty Instrumerit. !f Lender exerctws this option. Lender shall give Borrower notice of acceleration. The notice shall provide a period Of nix tees than 30days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Sccunty Instrument. If Borrower fads to pay that sums prior to the expiration of this period, Lender may invoke any r� u � � u �.`!��' I<!nR- if'sttlCfnt L!«al�;tl fsrtlt�• «L`tSi' -?:Sr 23Glli8ik: t`n �:lilLiL'.'�S" , IlL borrewev's Rig#t to Reisatate. If Borrower mats certain conditions. Borrower shall have the right ul have enforcement ofthis Smunty Instrument discontinued at any time pnot to the earlier of. tat S days for such tither period as spoxable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Sift -unity insirument, err IN entry of a judgment enfoncing this Security Instrument Thine condihom arc that Borrower tat pays fender all sums which then would he due under this Security In- mtumcno and the 'Nutt had era ai:telefatiuti cietuared, fbt cures any default of any Other erivenants or agreements. (c} pays all expense• incurred in enforcing this ry secut,ty Inurument. Including, but not limited ter, reasonable attorneys' fees. and tdt takes such action as 1_cnder may reasonably require to atsute that the lmn cif this Securely Insirument. Lender ; rights in the Fwjvrty and Ik,rriNer's , cbtidatiix; to pay the turns secured by this Security instrument ahal! conlinur unchanged t';o:t rerrimaterneiu ray � a lksrcmer, this smurey fntttutrcr:t and the GbIfgatiom "e_cured hereby shall remain fully ermtne 90 rf till a.s ei:ratii its had +c: urted f lr�we- tr. this rishi to reinmar shill nrit apply in the beet „s a-Cei rratort tind-'r p migmphg t y tit : 7 i