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<br /> pUyments m+.�y no Innge.r br,. requir�:d,at the c�ption of L.enc:er,i`mortgnge insurunce coveruge(in the nmount.ind far the perind . -
<br /> thnt l.cnder requares)�+r��ti'i.9�:d by an insurer upprovcd Uy Lender ugain becomes uvuilable und is obt:�incd.Borrowcr shall pay
<br /> �� the�prr,��iuins rcqt►ircd tn m,�:irnnin mortsugc insurancc in cffect. or to providc u loss rescrve, until thc rc:quirement far ntongnge
<br /> iR��urnn�e en�is in scci�r.'danr,�:�vitl�ctny wriltcn a�recmcnt betwcen Borrower und Lendcr or applicablc law. c.
<br /> ,;Y;r;�°'�� 9.htspectimn. [..vncier ��r itr, ugent rouy mukc rcasonablc entries upon and inspcctions of�hc Propeny. Lendcr shull givc
<br /> '� Bcirrow�r notice at the tin�e cif or prior to nn inspcction spccifying rcasonablc causc far the inspectian. _
<br /> !O.Condrmnati�nn�Ti��c pmcecds nf �my award or cluim for damages, direct or consequential. in connection with any
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<br /> , a�ndcmnation or othPx talins,of any part of the Property, or for conveyance in lieu of condemnation, ure hereby assigned and
<br /> � shedl be pai�i to l.ender. �
<br /> ��� In the event of a tt�tnl ts.�.ing of Ihe Property,the procecds shaU be applicd ta the sun�s secured by this Security:nstrument, _
<br /> whether nr not then dz�e,��'�th any excess paid to Borrower. In the evcnt of a partial taking of the Property in which thc fair ;:
<br /> , �i� markr.t value of the Pr��n�rty immcdiately before the taking is equal to or greuter thnn the amount of the sums secured by this _
<br /> �• S[�curity Instrun:�n�imr��:�Aia>.tr.ly hefore the taking, unless 8orrower and Lender otherwise Agree in writ�ng,the sums securcd by __
<br /> this Security Instrument shi:11 h:� reduced by the amount of the proceeds multiplied by the following frnetion: �a) the totnl ;�`
<br /> amount of thc sums se�cure�ci immuiiately before the taking, divided by (b) the fair market value of the Property immediately �;,
<br /> ::� b�fo�e the taking. An}•t�lt�n:�s.l�all bc paid to Borrower. In the et•cnt of u partial talcing of the Prope�ty in which the fair �,.
<br /> �'�} _ .�ys; mnrket value uf qlfe Frn�urty�intmcdiaeely�befose the taking is less than the amount of the sums secured immediately beforc the
<br /> .,��• -,�.,n�`'"-,;;' U�};in�. unl►;ss Bonow�r an;i l,emler othenvise agrec in writin� or unless applicable law othenvise provides, the proceeds shall =
<br /> ":'`.;�', be npplied tn th�sums s�cured hy this Security I�strument whether or not the snms are then due. w
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<br /> � lf the Property is at�s:n�.�nn;:d by Borrower,or if,after notice by Lender to Borrower that the condemnor offers to meke an �.
<br /> 'rt' ' award or setde a clttim for damu�cs, Horrower fails to respond to Lender within 30 Jays after the datc the notice is given, __
<br /> �.:
<br /> ,�� ' Lender is uuthorizecl to mllrct and apply the pioceeds,at its option, cit her to restoration or repair oFthe Property or to thesums ,
<br /> s,.cured by this Security Insbn�n�:�nt,whether or not then due.
<br /> , Unlcss Lender �anc1 HTrrmver othenvise agree in writing,ony npplicntion of proceeds w principal shall not extend or
<br /> -� • y� `' ' pnstpono the due data of t1�a�monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments. �,
<br /> :�:'�:..::, _
<br /> a��-,. >�• 11.�yrrower 1'd�pt Ft�4e:u�,�l; Eorbcarance By Lender Not a Wuiver.Extension of the time for payment or mod'efiation -
<br />-�'"�"?'. � �if amcrrtizntion of th� sum.�s secu��:d by this Security Instrument granted by Lender to any successor in interest of Hoi�rawershall .
<br /> ��� �, ; �__._ .r.� 4►�� ; •�tiP� �;. , �
<br /> -=--�-;�;,Y : c�ui ul;ciu�c �r����.�.. .�.la�::.ls� �:...__ri n_!Rnrmwer or Borrower's successors in interest. Lender�hall nat be r uired to
<br /> �'�-� ='-.�'� `�' eummence proceedin,r;s a};�inst;my successor in interest or refuse to extend time for payment or otherwise modify amortization
<br /> - .,;:•
<br />-`'�:"„'�.'%� of the sums secural b)�this Sccurity lnstrument by reason af any demand made by the ori�inal Bottower or Honower s
<br />-�"T } successor� in interest. Any fnr��earance by Lender in exercising any right or remedy shall not be a waiver of ot preclude the �
<br /> S�;°l.`. _ �? e.ce�i,a of any righs o1 re,n�.dy.
<br />=`��� y—_ 1Z.Succes.son� and A�.signs Bound; Joint and Several Liabllity; Co-signers. The covenants and agreements of this
<br /> __:::<;;�:�i Sieuimty I�istrumen! shall Nincl and benefit the successors and assigns of Lender and Horrower,subject to the provisions of
<br /> _-'ti:��LxiP1�f pYUaBc:aph 17. Bono��YJ s cxn'enants and ugrecments shall be joint nnd several. Any Bonower who co-signs this Security
<br />-=a"`"%'�r�� Incuvmonr but dces noa nxer��ie the Note: (a) is co-signing this Security Instniment only to mongage,grant and convey that -
<br /> """�`'''M�� Bc�rrr.rwer's interest in tha Fro�x��ty under the terms of this Security Instrumenr,(b)is nat personally obligated to pay the sums
<br />-..-- �.,.,�r:� setlmcd hv this Secur:4y lroslnunent;an•.l(c)agrees that Lender and any other Borrower may agree to extend, modify,forbear or
<br /> "�`- mal;o any accom�nodaaionY���iih regard ro thc tcnns of this Securry Instrument or the Note withaut that Borrower's consent.
<br /> --_ -_-_���'�' R3.L.oan ChAt�ts. If tho loan secured by this Security Instrument is subject to a law which sets maximum loan charges,
<br /> '�'� and thut luw is t7nally in:2:rp�eted so that the interest or other loan charges collected or to be collected in eannec:tion with the
<br /> �----- - lonn excr.ed[he perm5Utt1'limils, then: (a) any such Ioan charge shall be reclucecl by the amount necessary to reduce the charge
<br />- -- -- - to the p�rr�iitoc'1 lim�3;anc9:(h)any sums ulTeady collccted from Bonower which exceeded permit!ed limits will be refimded to
<br /> -�:�9 Borrowar. L,er.der in�y c��cx�ie to makc this refund by reducing the principal owed under the Note or by making a direct
<br /> -- payment to Borro•�ver. lf � refund reduces principal, the reduction will be treated as a partial prepuyment without any
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