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If Lender regwired mortpge insurance as;a condition of making the loan :ecusred ��:�?t. C' ftroswr)haU h)!r the prerwains Imq ired to maintain the insurance in eFect loan Cu time as tie ewluit+paent far the s wlasrrae4atasmr�aasas aleoerdMaee b>1MrroMer'saod t.mder'awritten agreementorappiicabk lean. I LAWN ants gent may make reasonable entries spurt WWI im"mm dtie Ptrppaty. I.erWet siWl__�irs>loethovoa ditat the tl meoforpriortoan inspection gmcifyingressonabk cam Wrtlnriespecdoes . • pre um- �or ciaitf hay coadowatim or other taking of any part of the Property, or for conveyance in lieu of coodawastion, are hereby asaigoratlard Adbepe d to Laden. hi tie a-we of a total taking of the Property, the proceeds shalt be applied to the sums aetaaed Oy this Security IastrasnK� wbotheir or tot the a duo with any excns paid to Borrower. l a the ewes of a 0~ Wkile of the Property, ttabas •on werud Lasdw othsrwim agree in iirritiasg, thesmms inured by this Sst=rity Iastrus art shnsil be reduosd by the aaom of tie pram A makipiisd by the following fraetioo: (s) the tonal amoamt of the somi sacttt l itemsdistely btlore the takft divided by (b) the fair market value of the Property immediurly before the td tat. Any baLssoe shall be paida>sorrase< If tie FAVerty is abandotsd by Borrower. or if, after notice by Lower to Borrower that the ooadessrsor cam to =sire as award or auk a claim for damages. Borrower fails to respond to Lender within 30 days alter the date the notice is *ws Lemdw is authorized to coU=t ad apply the proceds, at iu op6m ei&a to reucradm or npwr of tine Property or to theasrssasecurW by this Seem* Instrument, whetherce not then due. Udeas Lender and Borrows otherwise agree in writing, ctrl► app*ation ofpc+oceeds to principal shall not extend or postpae the du date of the monthly payments referred to is parWaphs 1 and 2 or change the smnotmt of such payments. 10. hlfaa"wer Na Halasse* Feaisersew by IAWO NoCit Waiver. FatrelaiOMW the time for payment or modiicabn otatte rtizaboes of the sums secured by this Secsft_.'tmartpotent granted by_ I cider to any successor in inmese o(Bor re " shall ax operate to ukase the liability of the ermines >)omwer or 8orio *eessuccessm in interest. Lender shell rsot' be requites to commence proeeedinp apinst any'succdow:63 interest or refuse to extend time for psyment aoth a i, 6i modify amortization of the sums secured by" Secui tTl mtnt by reason of any demand made by the ariod Dorm or Borrower's successors in interest An)rCerbcuznw by Lender in exercising any right or remedy shell not beawahvv ofor pr chsdethe exercise ofany right aremedy:. 1h1. fOtoertases ad AtMw Illoom* inset a d Ssvtiral lt3tiitillft Co�rthgasstr. The coveaesanit and a of tbta Swwgy lmumwemt shall bind sled beodit the successors wd molMof Erodes and Borrower. subject tc► the proviriotss ofp uWaph 17. Borrower's covenants and agreessaaa ahali be joint sad se vess E Any Borrower who co -signs this Security Instrument but 06a not execute the Note: (a) is co44pdng Olt Socaity Instrument only to mortgage, grant and convey that Borroweeslntam in the Property under the tam of this $bm sty Instrurnath (b) is pa personally obligated to pay the sums secured by thin Security Instrument; and (err agree that I.ensder and any other Rarower may agree to extend, modify. forbear or make any accommodations with regard to the terms of this Security Instrutaent or then Note without that Borrower's consent. 12. Latac C wpL If the lour second by this Security lukurment is subject to a law which sets maximum krats chargas„ had them low is Really uttierprewd so that the interest at titian loan charges collected or to be colketd in coewtica with the loan exceed the permitted limits. then: (a) any such I= charge "I be reduced by the amount siesta" to reduce the cb" to the permitted Basil;, and (b) any am alrm#, collecud trans &wowe* which exceeded permitted limits will, be rdiiadad to Borrower. L n& rr my choose to tmakc t%s refund by ndtwm# tine principal owed uedw the Note or by making adirect payment to Bortm-wer. Ifs refund redoes principal, the reduction will be treated as a Partial 12. Lsgfsiistin Alhadbe Leaelar sLe Wkes FJj Ifteennacctme nt or expiration of pi qViiable. saws .has the effect of rude ft any provision of the Neste or this Security Jnstrument unenforceable according to its terns, Launder. at its option, _ may require innmsdiate payment in NJ of all aura secured by this Security instrument and may invoke any remedies permitted by paragraph 19. U Lender exerciew this option, Lender shall take thesteps speciflod in the second paragraph of paragraphs 17. 14 Nedess. Any notice to Borrower provided for in this Security Ins vanest shall begiven by delivering it or by entailing it by fine clam uW armless applicable law requires use of another etanhW. The notice shall 1 e directed to the Property Address or any Wier address Borrower designates by notice to Lendw. Any notice to Lender shall be given by fln CiC class mail to Lender's Inkiness stated herein or any other address Lender designates by notice to Borrower. Any notice prvvWked For is this Security Instrument shall be deemed to have bow given to Borrower or parader when given as provided in IS. 43r ip r-1- Law; Setsre6 ty. This Security Instrument shall be governed by Federal law and the law of the jutisdictioa in which the Property is located. In the event that any provision or cUuse of this Security Instrument or the Note conflicts w►iti applicable law, such convict shall not affect other provivans. of this Security Instrument or the Note which can be prey sthict without the conflicting prwanors. To this end the pmvuWns of tam, Security Instrument msdl the Note are dseiss!rd to be eee►erabk. 16. *wnmar% C W. Borrower shall be given one conformed copy of the Note and of this Security Instrument. 17. Trarseller of do Frostily or a It fleisl Internet IS 0err9w01 L Sf all or any part of the Property or any imwer a ink is soW or tnsaferred (a if a beneicW interest in Borrower is sold or transferred and Borrower is note natural person) writiolst LeasdWs prior written consent, Lasdett may, at ales option, require immediate payment in full of all sums secured by this Security Instrument. Hawuwer..this option shall not be exercised by Lender if exercise is prohibited by 6 Ad rat hew as of the date of this Security Instrument If Lesderexerciess this option. Lender sbali give Borrower notice of acceleration. The notice shall provide period of not laastban 30days from the date the notice is delivered at mailed within which Borrower must pay all sums secured by this Security Iaatrusamt. If Borrower fails to pay those sums prior to the expiration of this period, Lender may invoke any reenadiss byithis Security instrument without further notice or demnand on Borrower. hii-btt is ReiiatihM. If Borrower meets certain wnditio iry Borrower shall have the right to have nCSl y#ty I±^tt*! !errt diu'vatin"ed of any rimw prior to the ro-rho -r of. (s) 5 days (or Stich other perw at apph abie law may specro for reinstatement) before sale of the Property pursuant to nny power dsale contained in this + Security lastrataenc or (b) antsy of a jdgment enforcing this Security Instrument. Those conditions are that Swrowev L (a) pays Isndet all sum which then would be due under this Security Instrument and the Note had no acceleration aocrrrrsd; (b) cures any default of any other covenants or sgreame ts; (c) pays all expenses incurred in enforcing this Security Instrument, includm& but not limited to. rasornaW attorneys' fees; and (d) takes such action as Lender may r` wasonabhy require to assure that the lien of this Security instrument. Lender's rights in the Property and Borrower's obiyation to pay the sums secured by this Security Instrument shall continue unchanged. Upon reinstatement by lorrowsr, this Security instrumntt and the obhgatims secured hereby shall rcrossn fully effective m if no acceleration had a occurred. However, this right to reinstate shall not apply in the use ofacceleratron under paragraphs 13 or 17. 1_