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— - � � 89--_ 146�4C 6 � If Lender ccquired mQrt�s�e irtsorance as �conditian of nAlting the lc�n st�urtd by this S��urity instr�mcnt. Borrower shal!pay the premiuma requirod to maintain the insurance in e�'ect until euch tims u the requiremrnt for the insurance tert�in�te=in accordsnce with Borro�er's and l.ender's written a�reemmt or appticable[aw. �. I�etlo�. Leeder o�ib s�rnt may mske ta�sonable entries upon and impections oP tha Property. Lender abal!�ive BomiNVer rtotice at the time ofbr prior to an inspectinn:pecit�yina reawn�bte cause far the iiupection. — 4. Co�iaiwHo�. The proceeds of u�y awrud or claim for damsges.direct ar consequentul,in canruction with any condemnatlon or other taking of any pwrt of the Property, or for conveyance in lieu of condemn�tion, are heroby ass;p�ed snd sh�ll be paid to Lender. In the eva�t of a total hking of'the Propercy. the proceeds shall be applied to the sums aecured by this Security Inswment�Mhether or nat then duG with any excess ptid to Borrower. In the cvrnt oP a partial tsking of the Property, unlas Bortawer st�d Les�der otherwise a�ree in wdting,the aums aecured by this Secudty Instrument sh�11 be reduced by the amoun�of the praceeds multicHed by the foUo�ving fnction: (a)the total amount of the sums secured imnnediately before the takin�,divided by(b)the fiir msrket value of the Praperty nnmediately before the taking.Any balance shall be paid to Borro�rcr. If the Property ii ab�ndoned by Horrower.or if,after notice by Lender to Horrower thu ehe condea�nar offer�to make an s�ud or settle s claim for damages,Horrawer fails to rapond to Lender within 30 d�►ys aRer the due the notice is pven,Lender is authorized to coUect and apply the proceeda,at its option,either to restoration or rep�ir of the Property or to the sutas�eeured by this Sxurity I�strument,whether or not then duo. Unlas Y.endet and Borro�ver otherwise agree in writing,any application of{�roceeds to principal shall not eatead or � postpone the due date of the monthly piyments nferred to in paragr�phs 1 and 2 or change the amount of'such paymrnts. 10. Borrower Not Releaud; Forbeuance By Leader Not � Wdrer. Extension of the time for puyment or modi5cation of imortiurion of the sums secured by this Secwity Instrument granted by Lender to any successor in intereat of Borrowrer shall not operate to rclase the liibility of the original Borrower or Borrower's successors in interat. l.ender shall not be required to commence pmcxdiags against any successor in interest or refa�se to extend time for psyment or othenvise modify unortiution of the sums secured by this Security Inscrumbnt by reason of any demand made by the oripnal8orrower or Borrower's suocessors in interest.Any forbearance by Lender in exercising any rig6t or remod�* , shall not be s Maiver of or pnclude the exercise of any right or remedy. ii. Sacceawn a�d Asdps BoY�d;Joi�t aod Se�erd Liability;Co-si�ers. The covenant�and��tr+bemmt4 of this Security Inswment ahall bind and bene6t the successors and assigns of Lender and Borrower,subjoct to the provisioas of puagnph 17.Horrower's coveaants and sgraments shaU be joint and several.Any Borrower who co-signs this Security � % . Inswm+mt but does aot euecute the Note:(a)is co-signing th�s Security Instrument only to mortgage,grint and convey that HorroWer's interat in ihe Property under the terms of this Security Insuument;(b)is not personally obligated to pay ; � tbe sums secwed by this Security Instramrnt;and(c)agrees that L.ender and any other Borrower may agrce to extend, _ . . e �--°--. • s �... �.. • �...... ' ,'"s"'�. I11(xili�/�201'OCar�T I[Ii[C il7y iCCOII1IIIWiIIOIIS Wliit ILgiIU LU 111C�Cllllx V!ZIUi JCR:t1�t��ai�baiiLuctit vi tuc r�vtv v.i=iww --- _ � thitBOfTOM�f�SCOt13Et1t. I 12. I.we Llur�es. If'the loan secured by this Secnrity Instrument is snbjeet to a law which sets maximum loan � ,�' chuges. and that l�w is t�nally interpreted so that the interest or ather loan chuges collected or to be collected in __ connxtion with the losn eaceed the pennitted limiu.then: (a) any such loan charge shall be reduced by the amount ncoessary to reduce the chuge to the permitted limit;and(b)any sums already coUectod from Borrower which exceeded pemutted limits arill be nefunded to Bona�ver. I�der miy choose to make this nfund by roducing the principal owod under the Note or by making a dirxt paymtnt to Horrower.If a refund reduces principal,the reduction will be treated as a =� partial preqyment without any prepaymrnt charge undcr the Nota _ , 13. Le�isLdos ARectl� I.�ader's Ri�b. If enactment or expiration of applicabte laws has the elFect of ' rendering any provision of the Note or this Socurity lnswment unenforceable according to its terms,Lender,at iu option, msy require immediate paymrnt in full of all sums secured by this Security Instrument and may invoke any remedies permittad by pusgraph 19.If Lender exercises this option.Lendtr shall take the steps specified"ue t�e socond paragraph of ` �:_ ParaBr+�Pb 17. .' . 14. Notica. Any notia to Borrower provided for in this Security Instrument shaU be given by deTiresing it or fsy . mailina it by first class mail unless applicable law requires use of another method. The natice shall be directed to the �•'�'_ Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shatl be given by '�� 6rst elass mail to Lender's address suted herein or ar:y other address Lander designates by noticc to Bonower.Any notice �. . provided'for in this Socurity Instrummt shall be dxmed to have ban given to Borrower or Lender ahen given as provided•� in this paragrapb. - 1S. Gqserai��Lw;Serenb�lity. 7'his Security Instrument shall be governed by federal law and the law of'the jurisdictian in ahich the Property is locatod. In the event that any provision or clause of this Security Instrument or the Note con!licu with applic�ble law,such conflict shall not affect other provisions of this Secusity Instrurnent or the Note �vhich can be given effect aiti�out the conflicting provision.To this end the provisians of this Security Instrument and the Note are dectared to bt severabte. 16. Bon�ower's Copy. Borrower shall be givrn one conformed copy of the Note and of this Security Instrument. � l�. Td�stu of tLe Pro�arty or a Beeeficld I�terest ie Harrower. If a11 ar any part of the Property or any interest in it is sold or vamsferred(or if a beneficial intuest in Borrower is sold or transferred and Borrower is not a natural person)without Lender's prior written wnsrnt,I.ender may,at iu option,require immediate payment in full of all sums secured by this Security lnstrumtnt. However, this option shall not be exercissd by Lender if�aercise is prohibited by federal 1aw u of the date of this Security Instrumrnt. lf Lender exerrises this option,Lender shall give Borrower nopce of acceleration.7'hs notice shall provide a period ,--=-- -- otnot las thm 30 days from the date the notice is delivered or mailed within which Borrower must pay all cums secured by � this Security Insuument.lf Bonawer fails to pay these sums prior to the eapiration of this period, Lender may invoke any remedies permitted by this Security Instrument without Further notice or demand on Bonower. , ls.Borrower's R1�6t to Reiastate. If Bonower mats certain conditions, Horrower shal!have the right to have enforcement of this Security lnstrument discontinued at any time prior to the earlitr of:(a)S days(or such other period as � applicable 1��+may spocify for reinstatemtnt)befote sale of the Property pursuant to any power of sale contained in this � � Security lnstrument:or(b)entry of a judgment enforcing this Security Instrument.Those conditions are that Borrowsr: � (a)pays Lendsr all sums which then would be sfue under this Security lnstrument and the Note had na acceleration � occurred; (b)cures any default o,f any other covenants or agreements; ic)pays all expenses incurred in enforcing this Security lnstrument. �ncluding,but not l�mited to,reasonable attorneys' fers; and (d)takes such act�on as Lender may �'' rwsonably ttquirr to assure that the lien of this Sec�nty Instrument, Lendcr's nghts en the Propeny and Borrower'c ��i obbption to pay the sums sscured by tMs Secunty Instrument shall connnue unchanged L�n re�nstatemem by . '��,. Borrowet,this Serunty lnstrument and the obligat�ons�secured hereby shall reme�n fuiDy effect�ve as if n�accderat�on had =, � . nccurred Nowever,th�s nght to remstete shal!not apply m the case nf accelerati�n under�ia!bgraphc 1?ar !7 �