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<br /> . payments may no Irnigcn c�rcquimd, .0 thc optiunnf Lcrd�!if nuirtg.iZ;c insuriuuc covcragc(in thc i�nu�unt anJ for tlu��cricxl =;
<br /> tl�at I.cndcr rcquiresl prcreided by an insurcr approved by I.endcr aguin bccomes availablc�ud is obtuined. Borrowcr�hull pay
<br /> tl�c p��mium�rcyuirui ti�mnintain mortgage insurnnce in effect.nr to providc n loss roscrve.until thc rcyuircment fcir mortga�e r
<br /> .,:..,�,� insurance ends in accordance with nny written agreement between Borrower and Lender or applicable law. �
<br /> • 9. InspecNon. Lendcr or its agent may m:akc reusanable cntries upon and impections i�f th� Propeny. I.endcr sh�dt give _
<br /> .++y►�w'".�� Borrower notice at the time of or prior to an inspeciion specifying rcasan�blr�cause for the inspcction. _
<br /> ' l0, Co�idemnntion. The proceeds of any award or cluim for dam3�es, direct or consequential, in connectian with uny� _
<br /> condenmatiun or other takin�of uny part of the Propeny, or Por conveyan:c in lieu of condemn:ition, u�-e hercby assigned unc! --
<br /> , shall be paid to Lender. —
<br /> In the cvent of a rotal takin�of the Property,ihe procccds shall bc applied to dic sums sesured by this Sccuriry It►_titrument, —
<br /> whether or not thcn due, with any excess paid to Borrowcr. ln the event of a partial taking of the Pmp��ny in �shich thc fair =-
<br /> niarkct value uf the Prope�y immcdiately 6efore the takin� is equal to or Freatcr than the amount of the sums scsurcd by this �•
<br /> Sccuriry Instrument immaiiately bcfore the takin�,unless Borrowcr and L.endcr otherwise agrec in�vritin�,thr sums sccured by b�
<br /> � this Secarity Instrument shall be reduced by thc amaunt of the proceeds multiplie�l by the following fruction: (n) the total ,_
<br /> amount of the sums secured immediately before the tukinR, divided by (b) the fair market value of thc Prop2rty imm:cliately
<br /> beforc thc taking. Any bulance shall be paid to Hurruwre. In tbe event ot a pnrtial tal:ing of th� Propenp in v:hicli the fair _
<br /> • markct valuc of thc Property immediately Uefore the taking is Iess than the amaunt of the sums secured 'emmcdiately beforc the
<br /> taking, unless Borrower and Lender othenvise agree in writing or unless applicablc la�v othenvise provides, the proccetis shall _
<br /> . , Y_ be applied to thc sums secured by this.Security Irestrurnent whether or not the so�s arc then due. -
<br /> "` If Yhe Property is abandoned by.Borrawer, or if�after notice by C.ender to�arrower that the condemnor aFfers ro make an
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<br /> ,.,;i,,� award nr settle a claim for damages, Parrower tails to respond to Lendcr within 30 davs after du date the notice is given, _
<br /> Lcnder is authori�ed to collect and app1��the proceeds,at its option,either to restoration or repnir af the Property or to the sums
<br /> ��'�• �`�"` secured by this Security Instrument,whether ur not then due. _
<br /> ����•�. •�• Unless l.�;nder and Bonower othenvise agree in writing, any Application of proceeds to principul shall not extend or —
<br /> •�- • ;�',• postpone the duc daYe of the monthly payments referred to in paragraphs 1 and 2 or changs the amount of such payments. _
<br /> I1.IIorrow•er Not Refeased;Earbearance By Lender Not u Waiver. Extension of the time for paymcnt or modifieation
<br />..�,,.�e��.�r.��L}-- OI Ji170TI17AtIOi1 OT[}1C SUIIIS SCCU�CO l)y llti� jC(:u�iij'iiwiii3iii�i.i bidlSt�wi�a1��..�.:��.:La.ZSS�:;ti::.°,•S.40T!.^.:S22�I:St^f�L�:T^1HPi S!2°.�� .
<br />-r�'�" ' not operate to release the liability of the original Borrower or Borrowcr's successurs in interest. Lendcr shall nat be requiretl to -
<br /> �"'N- " commence proceedings�gai.nst any successor in interest or refuse to extend time for payment or othenvise modify amortization
<br />�-��!' � ��" , of the sams secured by this Security Instrument by reason of any demand mude by the orisinal Borrower or Bonower's
<br /> . '.�`'�t� successors in +nterest. Any forbearance by Ixnder in exercising any right or remedy shall not be a waiver of or preclu�e the
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<br /> �°_;;,.;��b ex�rcisc of any right or remedy.
<br /> -_='�«�'�._- 12. Successors and Asslgns Bound; Joint ancl SQVeral I.iability; Co-slgners. The covenants and ngreements af this
<br /> -r°x�.'=.� Security Instrument shall bind and benefit the succcssors and assigns af Lender and Borrower, subject to the provisic�n.s of
<br />` ' """-'� paragraph 17. Borrower's covenants and agrcernents shall be joint and several. Any Borrower who co-signs this Secn�iry
<br /> � ���:� ,. Instrument but dces not execute the Note: (a) is m-signing this Security Instrument only to mortguge. grant and conv�y that
<br /> --�:� Bonower's interest in the Property undee the[erms of this Securiry Instrument; (b)is not person;illy obligated to pay the sums
<br /> -.�.� secured by this Security Instrumenr,and(c)agrces[hat Lender and any ather Bonower may agree tu extend,modify,forbeur or
<br /> --_� �_ make any accommodations with regard to the terms of this Security Instrument or the Note without t�nat Borrower's consent.
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