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<br /> th� imount ortJ for cht period [hac Lender requires)provided by an insuser approved by Lender a�aln be�omes availuble
<br /> tnd is ubtained. Borcower shall pay the premiums required to maint�in mortgage insurance In effect, or to provide a loss
<br /> rcserve, until the roquiretrent for mortQa�e tnsurance ends in occordnnce with any written a�teement between Borrower
<br /> and Lender or applicable law. `
<br /> 9. Inspection. Lender or its agent may make reasonabte entrics upon and inspections of the Properry. Lender shaq
<br /> �ive Borrower notice at the[icne�f or prior to an Inspectioa specifying reason�ble cause foc the inspectiun.
<br /> 10. Condemnation. The proceeds of any award ur claim for dartiages,direct or consequential,in connection with
<br /> my condemnation or other wking of any part�f the Properry,or for conveyanee In lieu of condemnaaon,are hereby assi�ned _
<br /> md shall be paid to Lender.
<br /> In the event of a taal takin8 of th�Pr°P�rt}'��►°P��shall be applied to rhe sums secured by�his SxuritY Inst►'wr►ent.
<br /> whaher or na then due. with any excess paid to Borrower. In the event of a pactial taking of the�ruperty in which the
<br /> fair markat value of the Property immediately before the taking is rqual to or�reacer thcn the amounc of the sums secured
<br /> by this Sceurity Instrumtnt immediately 6efore�he taking.unless Borrower and Gender otherwlse a�ra in writinR,the sums
<br /> secured by thfs Security Instrument shall be reduced by che amounc of the proceeds multipfted by the foilowin� frottion:
<br /> �R)the tuW unaunt of the surxu secund immedi�tely before�he wicing.divided by(b)ehe fair muket value of the Propecty
<br /> immediately before the taking. Any balance shull 6e pald to Borrower.In the ovent of a pactiai takin8 ot d'ie PropertY in
<br /> which tlie fair market value of rhe Pcopecty immediauly before the taking is leas than the amount of the sums sccured im-
<br /> mcdu�ely before the taklag,unless Borrower and Lender otherwise agree in wrid�g or unless�pplicnble law otherwise pro-
<br /> Y��S� the proceeds shall be applied to the suma secured by this Securicy Instrument whether or�ot the swns are then due.
<br /> If the Property is abendoned by Borrower. or If,after notice by Lender to Bonower that the cocidemnor oHers to
<br /> mak�e an�ward or settle a claim for damages,Borrow�r fails ro respond ro Lender within 30 days nfter tho date the notice
<br /> is �iven,Lender is authoriztd ro coUect an�i apply the proceeds. at its o�tion.either to restoration or repair of the Propercy
<br /> or ro tbe sums secured by this Securiry Instrument,whethe�or not then due.
<br /> Ualess Lender and Borrowcr ot?►erwise agree in wdting. my applicallon of praceeds to principal shaU not exunci
<br /> _ �s���M1�,w� a�.�vrh�mon�lily aaymenss�eferred to in paragraphs 1 uid 2 or chu�ge the amount oPsuch payments.
<br /> ,__�•-��.�..-r.t or
<br /> ; 11. Boerower Net Releised; Forbeacance By Lender Not�w�uver. nxcension oi inc u«��
<br /> modi�ic�don of a�norcizaaon of the sums sec��red by this Secudry Insuument�ru�ud by Lender to any succtssa in interest
<br /> � of Eorrower shall noc operato to releue tirs liability of the origitul Burrower or Bc�rcower's successors in intenst.Lender
<br /> :� ab�11 not be required to eommence proeeedings agAinst�ny suceessor in intecest or celLse to eatend dme fnr pRyment or
<br /> oRherwi.b modit�r amortiudon of the sums secured by this Security Inscnunent by reuon of any demund m�de bY the ori8inal
<br /> gerrower or Borrower's successors in iatereu.Any forbosraace by I.onder in exercising any right or cemedy shill na be
<br /> `i a wtiver of oc preclude the exercix oi any right or nmsdy.
<br /> � ti. Successors and Assi�ns Bourd;Joint and 5everal Llability; Casifaecs. 'I'he covenu�ta and a�reemencs of
<br /> + t�e Security Insuument shall bind and benetlt the successors and usigns of Lendor and Borrower,subject oo thc provisions
<br /> i oipassgraph 1T.Borrower's covenancs and agreement�sha!(be joint aad sevenl.My Borrower who co-�i�na this Security
<br /> � Imtcumeac but das not execuu ehe Note:(a)is casigning this Security Instrument only to morcg�ge.�rsnt ard�onvey thrt
<br /> I Bocrower's iatecest in t!r Properry under the terms of this Securiry Instrumenr. (b) is not person�Ag��exte�►►d,m�oYdil�,
<br /> ' syms�ecured by this Security Instrumem:a�xi(c)agrees that Lender and any other Bonower maY�ra
<br /> ' fabear or m�ice any accommodacions with regud to the tecros of this Security Instcument or the Note without thit Borrower's
<br /> � coa�enc.
<br /> 13. Latn Char�es. If the loan secured by this Security Instcument is subject to a law whieh sets m�ucimum loan
<br /> �c�uc�q,and that law is fina9�y inceryceted so thtt the interest or other lou�Glwge�eollected or to be collected in zonnection
<br /> vr►th the loan exceed the permined limits,then:(a)any suah loan charge shall be reduced by the unount►xces�u'?�to reduce
<br /> � the clurYe to the permitted limit: and (b)any suma alreWy collecud from Barrower'whi�cw���N��by maki�
<br /> be KNnded to Bocrower.Lender mny choost co make this retLnd by rerlucing the princ'Pd �nt without •
<br /> i dlrect payment to Borrower.If a refund reduces priacipal, the reduction will be mated ts a partia�PrepaY
<br /> any prcpaymenc charge under che Note.
<br /> 14. Notka. Any naice to borcower provided for in this Securiry Insuument shall be given by deliverin�it or
<br /> by m�IMQ it by first class nwil unless applicuble law reqnire� use of onaher method.The naice shaU be dtrected to the
<br /> propeny Addreu or any other address Eorrower designates by nocice to Lender. Any notice to Lender shall be given by
<br /> first clus mail to Lender's addcess seated herein or u►y other address Lender designates by notice to Borrower. My nocice
<br /> provided for in this Security Instrument shall be deemed to have been given to Bonower or Lender when given as provided
<br /> : in this parsgcaph.
<br /> 15. Governina Law;SeverabU[ty. This Securiry insuument shall be governed by federal law and the lsw of the
<br /> jurisdlccion in which the Property ie tocated.In the even�that any provision or clause of this Securiry Instrument or the Note
<br /> contlict�with applicable law,such conflict shall no�affect other�rovisions of this Security Instncment or the Note which
<br /> cm be given effect withouc the contiicting provision.To this end the provisions of this Securiry Instrumant and the Note
<br /> ue declared to be sever�ble.
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