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1� � � R9--� �.��3�2 If Lender rrquired martg3ge insurane:as a conditian of making thz laan s�cuied by this Seeurity Instrunient, � Sorrower shal!pay the�remiums ra}ulred to maintain tht insuranee in effcv:t uatil such time as Ihe reqairement i'or!hr ins�rance terminata in accordance with Borrower's and l,ender's written agreement or applicable i�w. �. Inspectlan, l e�der or its qent map make reasoanble entries ugon and insgectiQns of the Prnperty. Lender shall give Borrower notice at the time of or prior to an inspection specifying re�Sanable cAU.se F�r�h�inspe�tion. 9. Condt�nwtion. The proceeds�f any awud or claim for dAmeges. direct or conuquential.in connection with any condemnation or other tsking of any pstt of the groperty, or for conveyance in lieu of condemnatio».are hereby assigned and shall be psid to Lender. In the event of s total taking oi the Property. the proceeds shall be applied to the sums secured by this Security Instrument.whether or not then due, with any eacess paid to Borrower. In the event of a partial taking oP the Property, unlas Borrower artd Lender othenvise agree in writing,the sums secured 6y this Security ln�trument shall be reducxd by tbe att�ount of the proceeds multipHed by the following fraction: (a)the total amount of the sums secured immediately before the t�tking,divided by(b)the fiir muk�t value of th�Property immediately before the taking.Any balance shal!be paid to Borrower. If the Property is abandoned by Borrower,or it',atter notia by Lender to Horrower that the condemnor offers to make�n�ward or settle a claim for dam�ges,Horroaer fails to respond to Lender within 30 days after the date the notice is given,Lrnder is suthorized to collect and apply the procceds.at its option.either to restoration or repair of the Property or to the sums secured by this Security Instrument,w�hether or not then due. Unlas Lender and l3orrower o4he�wise agra in ariting,any application of�roceeds to principal shall not eatend or postpone the due dute of tht monthly psyments referred to in paragraphs 1 and 2 or change the amount of such pxyments. 10. Borrower Not Released; Fo�Dau aace By Lende� Not a Wdrer. Extension of the time for payment or modiflcation of amortization of the sums secural by this Security Instrument granted by Lender to any successor in interest of Borroaer shsll not operate to release the liability of the original Bonower or Borrawer's successors in interest. Lender shaU not be requirod to commence procoedings against any successor in interest or refuse to extend time for payment or otherwise modify amorti�ation of the sums secured by this Security]nstrum�nt by reason of any demand made by the original Borrower or Borrower's successois in interest.Any forbearance by Lender in ezercising any right or remedy shall not be a�vaiver of or preclude the exercise of'sny right or remedy. ii. Succawn and As�i�Bwnd;Joiet and Se�enl Liablllty;Co-si�ers. The covenants and agrxments of this Security Instrument sha11 bind and bene8t the successors and assigns of Lender and Borrower�subject to the provisions of puagnph 17.Borrower's covenants and agramrnts shaU be joint and several.Any Borrower who co-signs this Security Instrument but das not ea�ecute the Note:(a)is co-sigaing this Security Instrument only to mortgage,grant and convey that Borrower's interest in the Property under the terms of this Security Instrument;(b)is nut personally obligated to pay the sums secured by this Security lnstrument; and(c)aAras that Lender and anY other Borrower mav aAree to extend, madify,forbear or make any accommodateons with regard to the terms of this Security Instrument ar�the Note without = that Borrower's consent. ` 12. Loan Char�es. If the loan secured by this Security Instrument is subjxt to a law which sets maximum loan - charges� and that law is finally interpreted so that the interest or other loan charges collected or to be collected in � connxtion with Ehe loan exceed the permitted limits. then: (a)any such loan chargt shall be reduced by the amount -� necessary to reduce the charge to the permitted limit;and(b)any sums alrrady coUxted from Borrower which eacaded permitted limits will be refunded to Borrower.Lender may choose to make this refund by reducing thr principal owed ': 'ii� under the Note or by making a d'uect payment to Borrower.If a refund reduas principal,the reductioa will be treated as a �� partial prepayment without any prepeyment charge under the Note. '� 13. I,egislition A1�ecting Leader's Rights. If enactment or expiration of applicable laws has th� e�'ect of ; rendering any provisian of tht Note or this Secarity Instrument unenforceable according to its terms,L.ender,at its oplion, may require immediate payment in full of all sums secured by this Security Instrument and may invoke any remedies "�' � i .- permitted by paragraph 19.If Lender exercises this option,Lender shall take the steps specified in the second paragraph of � ti� paragraph 17. t� 14. Notica. Any notice to Borrower provided for in this Security lnstrument shall be given by deliveting it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the ;�.� Property Address or any other address Borrower designates by notice to I.ender. Any notia to Lender shall be given by first class mail to Lender's address stated herein or any oiher address Ltnder designates by notice to Bonower. Any notice • provided'for in this Security Instrument shall be deemed to have been gaven to Borrower or Lender when given as provided in this paragraph. , l5. G�enin�Lw;Seterability. This Secvrity Instrument shall be govemed by federal law and the 1Qw of'the jurisdiction in which the Property is located. In the event that any provision or clause of this Security lnstrument or the Note conflicts with applicable law,such conflict shaU not affect other provisions of this Security Instrument or the Note which can lse given effxi without the conflicting provision.Ta this end the provisions of'this Security Instrument and the Note are dxlared to be severable. 16. Borrower':Copy. Horrower shall be given one conformed copy of the Note and of this Security Instrument. 17. 1'ransfer of the Property or a Bent8cial Interest in Borrower. If all or any part of the Propeny or any interat in it is sold or transferred(or if a beneficial interest in Borrower is sold or transierred and Borrower is not a natural person)withoni Ltnder's prior written consent,Lender may,at its option, require immediate payment in ful! of al)sums secured by this Security lnstrument. However,this optian shall not be exercised by Lender if exercise is prohibited by federallaw as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Borrawer notice of acceleration.7'he notice shaU provide a period :-_----_