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� . � ,. 8�� ioe�os If Lender requlred moRgaye insurance as e conditlon o1 meWng the Ooan secured by the Sacuriry Inat�ument, Bortower ahei!pay the premiums requked to malntRln the insurdnce in e8ec1 untU suah time as the requirement for ihe fneurence terminates in eccardance wlth 8orownr's �nd Lende►'s w�ftt�n a�eament or�ppNcable I�w. 8. t�spection. Lender or Rs�pant may make roesonabte ent�iee upon�nd inapnctions of the P�ope�ly. Lender shelt gtvd 8orrower notla st the tkne oi or p�ter to an Inspectkx� apecityk►�re�sonable causa tor tha InapecUoR. � 8. COnd�tllQ�t1011. Th�prooNda of��y�wud or ctakn for d�ma�e�, dltect or cor�ssqu�ntl�l, t� connectl�n with�ny co�dem- natbn or othK takfnp of�ny part ot ths R�opv�ry.or tor conveyanu 1�N�u at coademndtlon,ue hereby assipned nnd ahaN be patd to Lend�t. In th��Ir�tt of�totallak(n�of th�PropKty,th�proceeds shaM 6��ppN�d to th�sums s�cund by lhia Sawrity Inatrument,whethx a not th�du�.wRA any�xcas pald to BortowK. In the event o1 a putkl takhy o1 the PropMty,unlesa BoROwer and Leflder othawise a�in w�iGnp, the wms secund by this 9�auily M�Uument shaN bs nduad by the unount of the proce�ds rtwlNpMed by ths toMowinp fraction: (�)the tot�l amaunt ot aum�eacured knmecAately beToro the taWnp, dhrided by(b)the fak rtui�Cet value oi ths PrapeAy knmedi- �tery bNon th�Wck��. My bWnc�ihal b�pa{d to 8ortowar. � It the PropeAy la abandons�d by 8arower, or H,�Rar aottce by Lander to Bortower th�t ths condemnor offers to make an awa�d or settle a cleiMn to►A�maye�, Borrower t�Na to rospw�d to lender wtthin 30 days�fte►the date the notice is �Nen, Lender is autho�ited to caqa„-t and appry tha pra�"ads, at i!s optlon, either!a reslor�tion or rcpalr ot tha Praperiy or to the sums securesi Dy thls Sscurtty Instru- mQnt, whether or not the� due. ' Untess Lendar and Barowar.othawlae a�ree in wdti�q,eny�ppNcatior� ot proceeda to p�c�pal shall no4 extend or postpone the due dats oi the monthy pa�ta re/eRad to in parayr�phs 1 and 2 or chanse the amount of such paymenta. 10. 8arrow�� Not R�I�as�d; For�b�a�anc� By I.ond�r Not a Waivsr. Extenalon of the time to�payment or mod'�ft- catbn ot amoAization o1 the auma aecurod by thl�Seairity InsUuma�t �nted by Lendar to any auccessor in intereal oi BoROwer ahaq not operate to roie�se the�ability of the ori9lnal 8arower or BoRawar's successora lo interest. Lender shaN not be�equked to comrttence proceedin�a�akist ony auccessor in hteroat a rehise to extend time tor payment or otherwise modiy emoNution ot the aums secured ' by tAia 3ecudly Instrument by roason of any demand made by the o�iginal Bortower or Borrower's auccessora tn hterest. My forbearanae by Lender in exeroialn�any�ht o�remedy shaq not be a waiver of or p�eclude the exeidse of any d�ht or�eme�t. � 11. Succ�sson a�d Assigns 8ou�d; Joint and Sova�al Liability; Co-signers. The covenants and agreementa of • this Security InaUume�t shaN bMd and beoefit the auccesaors a�d assigns of Lender and Bortower, subject to the p�ovisions of paragraph 17. 8orrower's covenants and agreements shatl be jolnt and several. My BoROwer who co-aigns this Security Instrument but does not � execute the Note: (a) i�co-aigning thia Seeurity Instrument ony to mortgage, grant and convey that Borrower's interest in the Property u�der the terms of this Sacurily tnstrument; (b) b not personaty obqgated to pay tha sums secured by this Security Instrument; end (c) - � ag�ees that Lend�er and any other Bortower may��ee to extend, modiy.torbeer or make any accommodations with repard to the tem�s of • � thia SecurHy tnstrument or the Note wfthout that Bwrower'a consen4 ,� _�� � 12. LOan Ch�'qYS. N the lan aecured by this Security Inatrument is subject to a law which sets mtximum loaa char�ea,and `� ' _ � that law is tfnaMy Interpreted so that the intetest or other lo�n chugea co8ected or to be coNeoted fn connectien wiih tne iwn�cceeo '--__ the permitted Nmits.then: (a)eny such loan charqe shnN be reducad by the amount neceasary to reduce tha charge to the permitted `-_ ; " � Iimit; and (b) any sums already coqected irom Borrower which exceeded permftted Bmita will be refunded to BoROwer. Lender may choose __ to make this refund by�educing the principal owed under the Note or by maWng a direct payment to Borrower. Ii e refund reduces pdn- apal,tha reducNon wiM be Veated as e paRial prepayment without any prepayment charge under tha Note. ' 13. L�gislation Aff�eting Lander's Right�. H enactment or expkation of app8cabie laws has the ettect o1 renderfng any pro- ; , vision o1 the Nots or this Security InaWme�t unentorceable according to hs terms, Lender, at fts option, may�equire immediate payment in tull of aq sums seeured by this Security Instrume�t and may invoke any remedles pertnitted by paragreph 19. If Lender exercisea this option, Lender shaN take the stepa specNied in the second paragraph of para�aph 17. � 14. NOtiC��. My noUce to 8orrower provided tor In thia Security Instrument shall be yhren by deiive�rffny it or by mai8nfl it by flrst daaa m�A unless�ppqcabie i�w requkea use oi another method. The notics ahaN be directed to the Property Addresa or any other address , Bortower desiy�iates by notice to Lender. My�otice to lender shall be given by Rrst daaa rr�aN to Lender's address stated herein or cny . othe�addresa Lender designates by notice to Borrowe�. My noUce provided tor in thta Securily Instrument ahaN be deemed to have been ` � given to Borrower or Lender when given as provlded In this paragraph. � ' 15. Governiny Law; SeverablUty. This Security Instrument shall be govemed by iederai(aw and the law of the judsdiction in ;°° ' which the Property 1s locnted. In the event that any provlsion or ciause o1 this Securiry tnstrument or the Note conflicls with applicable �`'�; law,such contNd shall not aftect other provisions of this Securily Instrument or the Note which can bo given elfect wlthout the conlficting 1. provision. To this end tha provlsions of this Secudty Instrument and the Note ara declared to be seve�bie. , 16. 8orrower's Copy. 8orrower shall be glven one contormed copy oi the Note and of thls Security instrument. f7. Transfer of tha Properry or a Beneficlai Interest tn Borrower. If ali or any part of the Property or eny interest in il is aold or transferrad (or H a beneNcial interest in Bonower is sold or transferred and Borrower is not a natural person)wrihout Le�d- � er's p�lor writtew conseni, Lender may,af its option, requke immediate payment in fuN o} nU sums secured by this Securiry Instrument. Howeve�, this optlon shaM not be exerdsed by tender ii exerdse is prohibited by feden!faw as ot the date ot this Security tnstrument. . N tendcr exeraises this optlon. Lender shaN give Borrower aotice of acceteration. The notice shall provide a period ot not less than 30 . days t�om the data the notice is deNvered or mailed within which BoROwer must pay aN sums secured by this Security Instrument. If Borrawer fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instru• � ment without tarMer notice or derr�and on BoROwer. 18. Borrower's Rl�ht to Rainstate. B Borrower mests ceAain condiUons, Borrower shal!have the right to have entorcement ; of thi�Security Inatrument discontinued at any time pdor to the eadier of: (a)5 days (or such other pe�iod as app8cable taw may specity tor reinstatert�ent)betore sa�e o1 the PropeAy purauant to any power of sale contained In this Security InsUument; or (b) entry of a Judgme�t r=-=_-- entorcing this Security InsVUment Those conditions are that Bonower: (a) pays Lendar all sums which then would be due under this � Security�nstrument and the Note had no acceteration occuned; (b) cures eny detauR of any flther covenartts or agreement; (c) pays all � expensea incuRed in entorciny this Security InsUument.lnciudinq, but not limited to, reasonable ettomeys'fees; and (d) takes such action � � as Lender may reasonsbly requke to aasure that the Ilen o1 this Security Instrument, Lender's rights tn the Property and Bonower's obliga- � tion to pay the sums aecured by this Security InsWment sheil continue unchanged. Upon relnstetement by Borrow�r, this Security • Instrument and the obligaUona secured hereby shail remain fully eftective as N�o acceleraUon had occurted. Nowever, this �ight to reinstate �� Lshail not apply in the case of ecceleratlon under paregrephs 13 or tT. h�Q {l� f"� � � :7lL"[�HM r0�28� �MS � ° �