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;Fr ;tix?�`.l�ty h�".i.yrr�:fli ,F f3 t¢7t is ?;r.'.l:t ts.i <:kT .. I 90 --100 " 78 If Lender required mortgage imutwnce as a condition of making the loan secured by this Security Instrument. Borrower shall pay the premiums required to maintain the insurance in effect until such time as the requirement for the insurance terminates in accordance with Borrosva's and Lender's written agreement or applicable taw. f1, Impsctfos. Lender or its agent may snake reasonable entries upon and inspections of the Property. Leader shall give Borrower notice at the time of or prior loan inspection specifying reasonable cause for the inspection. 9. Cloadesaaatles. The proceeds of any award or claim for damages. direct or consequential. in connection with any condetnation or other taking of any part of the Property, or for conveyance in lieu of condemnation. are hereby assigned and shall be paid to Lender. In the event of a total taking of the Property. the proceeds shall be applied to the sums secured by this Security Instrument. whether or not then due. with any excess paid to Borrower. In the event of a partial taking of the Property. unless Borrower and tender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the amount of the proceeds multiplied by the following fraction: (a) the total amount of the scans, secured immediately before the taking, divided by (b) the fair market 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 Borrower that the condemnor offers to make an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is given. Lender is authorized to collect and apply the proceeds, at its option. either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. 1:Itrit a Lender and Borrower otherwise agree in writing, soap. rilsgiication of proceeds to principal shall not extend or postpone the due date of the monthly payments referred to in paragraphs I and 2 or change the amour t of such payments. 10. Borrower Not Releaaet Fadara wt- i3,y Leader Not a Wa yw,- Extension of the time for payment or modification of amortization of the sums swmrat bye, taxis Sammy Insttrum mtt granted by Lender to any successor in interest of Borrower shall not operate to tr.Lepse rlte )SaroIJi3I.7j . tsf:`the original Borrower or Borrower's successors in interest. Lender shall not be required to commwize 77vdeainp at mmu- =y successor in interest or refuse to extend time for payment cc otherwise modify amortizadon of the cJ f d"ris Security Instrument lay rwscvr of any demand made by the original Borrower or Borrower's successors ire: ,z=t. Amp 13: rbearance by Lender in eremising any right or remedy shall not be a waiver of or preclude the exercise of arx7; m4tt or m acte¢jr. 11. Saecesson sad Aaslpr Bound, Joint end SevamD bfalkiiity: Carus. The covenants and agreements of this Security Instrument shall bind and benefit the successors Wd Isms of leufer and Borrower. subject to the provisions of paragraph 17. Borrower's covenants and agreements shall belimiiinmd several. Any Bern vivr who co -signs this Security Instrument but does not execute the Note: (a) is co- signing ai Em Sana ity lns:kzment only tea mortgage, grant and convey that Borrower's interest in the Property under the t;erixrs of tb sl ` eciue ty Sai_wtruncnt; (b) is not personally obligated to pay the sutra secured by this Security Instrument; acrd (cis agrees dJ ma Ilmder atsd any other Borrower may agree to extend. modify, forbear or make any accommodations with me cad to fine reams of this Security Instrument or the Note without that Borrower's consent. 12. Loss Charges. If the I= secured by this Security Grisa:rument is subject to a ):aw which sets maximum loan charges, and that law is finally interpreted so that the interest (,-r other loan charges.1muected or to be collected in connection with the loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed 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. Legisladoo Affecting Leader's Rights. If enactment or expiration of applicable laws has the effect of rendering any provision of the Note or this Security Instrument unenforceableimtording to its terms, Lender. at its option. may require immediate payment in full of all sums secured by this SecutTty: Inarummi and may invoke any remedies permitted by paragraph 19. If Lender exercises this option, Lender shall take the steps spcaafted in the second paragraph of paragraph 17. 14. Notices. Any notice to Borrower provided for in this Security Instrument: c1;,4:=!ie given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. Th notice shall be directed to the Property Address or any other address Borrower designates by notice to Leaner. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any other address Lender,. am gnates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 15. GVerning Law; Sevembility. This Security Instnanimt shall Lze Sorerned bg fiederal law and the law of the jurisdiction in which the Property is located. In the evert drat; arts- provisim. cr ,: Iause cif, curs Security Instrument or the Note conflicts with applicable law. such conEct sliaA, bar a>which can be given effect without the conilictmg pwv. .moss. •1T6 chic end the provisions of e)xts. Security Instrument and the Note are declared to be severable. 16. Borrower's Copy. Bor m%oer shall be given one coar3armed copy of the Note at3d; of this Security Instrument. 17. Transfer of the Property or a Beneficial Interest fim Borrower. firall or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Borrower is sord or ecmnsferred. and Borrower is not a natural person) without Lender's prior written consent, Lender may. at its option. re;uiur 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 federa - lLw as of the date of this Security Instrument. If Gender exercises this opwana .Lender shall give Borrower notice of accepe-aw>r. , The notice shall provide a period of noi:lass than 30 days from the date the notice is delivered or mailed within whcz.'t Bamo%er mast pay an sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expermden of this period, lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 3. Borrower's Right to Reinstate. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earls& of 4a) S days (or such other period as applicable law may specify for reinstatement) before sale of the Property pursuant to any power of sale contained in this Security 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 Mote had no acceleration occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees: and (d) takes such action as Lender may reasonably require to assure that the lien of this Security Instrument, Lender's rights in the Property and Borrower's obligation to pay the sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by Borrower, this Security Instrument and the obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under paragraphs 13 or 17. �Llvl ; i