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r $ 105155 If Ltwtder to*" mortgage inswance as a eoaditim of ttaskiitg ft lava secured by this Sorority Irtttrnntent, Borrower shall .pay the premium required to maintain the iaatwaaoe ht circa tats A such time ass the r�equinment for the insurance tertrtirr<atea Ilkaerasrer'sstrd Iendsrt's wait Ogronveattuapplics law. or itsAl �i-�a:3 -o:. si...r..i�`i «.`.■sew t si '. ,... - - - -- shall give Bamwer aetioeatthe tistafaprig W saiwecbiore�e ifying rtauoctsble`+ Wrttiteittspactiott. I C Wlseniandea Be proceeds otany award or claim for damagces, direct a �� in connection with trey emili isatim a other tati■d of any part.of the lkoperty, of far emveysma in liar o(voWeasetios, are hereby aawpsd sad stall be paid to Leader. lit the event of is toad tak* of the Property, the proceeds abet! be sppiied. to t*e smms secured by this Security Ins"U neat whether or an tbm dace wilth any excess did to Borrower. Is the event of a partial taking of the Property, unless Hiurower said Lttsader athetariae agree is sirritiiag, the w>mt secured by this Sastiity Imtrument shall be ndtaoed by the unottnt of the proceeds tattltipl"by the following fraction: (a) the total ilmoitnt of tuns scarred imoiediudy, Won the takisig, &vWW by (b) tb.efw Motet value of the firaperty,mme&Mely before the tatting. Any balance shall be If the lreperty is abasdomet.47 Borrower, or if, after-Mmice by Lft&r to Borrower that the condemnor offers to makeatt award or settle a claim for di images,_ Borrower faa6t tor4ond t4.du cr within 30 days after the date the notice is liven, Lender iit autbafted to coheir and apply tlYk proceeds,. if its optt('L either to restoration or repair of the Property or to the:mas secured by this Security Instrument, whether or rapt theta due. tJalm Leader wadHorrowa otbennse agrm im wnti*.say spplicsiumofproceaktopr wgml shatl not enend or postpone the due date ofthe dmon payments referred to in priradraphs 1 and 2 or cbmp the amount of tech payments. 18. ssrl"a Not. Rd*wA FWbeeraaee By LoWer Net a wdver. , Extensim of the time for payment or atodiiatiom of amo aetivm ot? the sums secured by this Security Inaniment granted by Lender to any successor in irteteR of Borrower shall not opesylte to release the liability of the original Borrower or Borrower's successors in intact. I.eadet tLal! not be required to cminetce proceedings aping any successor . ire iine:nest or refuse to extend time for payment sir odm wwise modify asaodttzation of the suns secured by this Security Inst>:uxftt by reason of any demand made by the oti�nal 8on�ower a Boar tr' suocestots in intttY+eitr: -Any forbearance by Lora lea in exercising any right or remedy shall tat be a waives cfQr pr*dttdai * exercitt 9—any dot or vemedy 111. Sateaasaeasl d Asthma Bem* JdM mid Ssrseal IA@MW. IC *4ipwi. The covenanta and agr6ments of this Security Instrument shat! bias aafd benefit the sumo sons and amps of Lender and Borrower. subject to the pmvmom of paragraph 17. Borrower's vamtret&A and agreements shall be joint and several. Any Borrower who co-signs this Security Instrument but does tat.rsec=t t*Now.. (a) is cosig>sirsg this Security lnstsurnesit, only to mortgage, grant and convey that Borrower's int3erest'ix.tlre i'iroperty under the terms of this Security Instrument, (b) is not personally obligated to pay the sums secured by S * Security Instrument: and (c) a jreet that Lend4v and any other Borrower may agree to extend, modify, forbear or tart! '=' y accommodations with regard to the terms atf' his Security Instrument or the Note without that Borrower's consort. 12. Lana Charger. If tho.)"n secured by this See- axiti3r tnstrutuerst,is scd �i trs a law which sets maximum Ian charges. sad that law is finally interpreted so that the iuunut or othdi Loan eAigct collected or to be collected in cooaectioo with the loon exceed the pennit#d Wits. then: (a) any in*, boon 60V shall be'reduced by the amount ; necessary to reduce the charge tat the permitted limit; and (b) any sums a;ready cogged from Borrower which exceeded permitted linut:s will be reltunded; to Stirrower. Lender may choose to mske this ski nd by reducing the principal owed undo Ilse Now or by making a dirm- i0iyment to Borrower. If a refund reduces pri,Pi d. the reduction will be treated as a pashas prepsymat withrm any pOmpiyiicnt charge under the Note. 13 hglrYtti(!r i L ndev's Rights. If enactment or expiration of applicable laws has the effect of rendering say proviaioo of the Note or this Security instrument unenforceable according to its terms. Leader, at its option, ^� aaay,tequite immediate payment in full of all sums secumck by this Security Insimm.ent and may invoice any remedies permitted'by paragraph 19. If Fender exercises this optics, Lander shall take the stepi4.tpecified in the second pi"rt+gsaph of paragraph 17. li. Neftsa, Any notice to Borrow a provided for in this Security Instrument shall be#ven by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The R ernall be directed - to the Property Address or any other address Borrower designates by notice to Lender. Arty slob gUo Lender shall be given by Am clan mail to Lender's address stated herein or any other address Lender desigraalas try notice to Borrower. Any notice providd far in ibis Security Instrument shall be deemed to have been given to Borrowr or Lender when given as provided in this paragraph. I$. Ggwn ft Law; SomsbUlty. This Security Instrument shall be governed by federal law and the law of the jurisdiction in whichthe Property is located. In the event that any provision or clswk of this Security Instrumtent or the Note eosdlicts with' applicable lays, such conflict shall not affect other provisions of this Security Instrurmt or the Note which cable given elect wi"r tlio conflicting proviskv- To this end the provisions of this Security lrntraYriertt and the Note are dectarod to be severable. 16a lserrsw s CWy. Borrower sliall he given one conformed copy of the Note and of this Security instrument. 117. Tramsrar'sr de Reap rty or a BeasfleW ItMerest 4 8eetrewer. if ell or any part of the Propeny a any interest in it is sold or transferred (fir if a beneficial interest in Borrower is sold or transferred 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 as of the date of this Security instrument. If mender exercise this option, bender shall give Borrower notice of acceleration. The notice shall provide a period of not has than 30 days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these suns prior to the expiration of this period. Lender may invoke any reaedies permitted by this Security instrument without further notice ordemsnd on borrower. J& i'sir i2i %gist is ll iasiiasor. if Sorrr:wer meets certain condit onc, Borrower strait have the right to haws mforeem at ofthis Security instrument discontinued at any time prior to the earltfrof (a) S days (or such other period as applicable law may specify for reinstatement) before sale of the Property pursuant to any power of safe contained in this Security Instrument or (b) entry of a judgment enforcing this Security instrument. Those conditions are that Borrower: (a) pays !.ender all sums 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 eapcnseh incurred in enforcing this i Security narament, rrrcludang, but not limited to, reasonable attorneys' fees; and (d) takes such action as Lender may teachably require to assure that the lien of this Smurity instrument, Lenders rights in the Property and Forrower's obbotton to pay the sums secured by this Security instrument shall continue unchanged Upcm reinstatement by Borrower thn Sectrrny Instrument and the obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply to the case of acceleration under paragraphs t 3 or 17