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<br /> " �°� at the optian ot l.ender, If mortgage insurnnce co�fege (in tha amount end for the periad that l.ender cequires) _-
<br /> ,'. #�� provided by an iasurer appraved by 1.ender again becomes aveilable and te obtained.Bonower ehall pay the ptemiume �
<br /> , .,��, required to mainte�n mortgage ineurance in effec-t,ar ta provide e loss reservv, until the requirement 4or mortgaga :.
<br /> , .�� insurance endg in arcordunce with any written agreement between Sorrower and Lender ar applicable law. _
<br /> 9,laspectioA.Lander or its agent may make reasonable a�trles upon and inspections oi the Property.Ixnder shal(
<br /> �;� giva$orrower notice at tha time o4 or prior to an inspeation specifytng reasonable causa far the inspection. -
<br /> ' i0. Coademtestion.The�mceeds of any award ar clatm for damages,direct ar consequential,in cannectian with
<br /> !,,::, i � any condemnation or ather talung o�any pan ot tha Property.or for conveyance In lieu of condemnation,ara hereby E;
<br /> . _ �,,�, assigned aa@ ehell be paici tn I.ender. _
<br /> In the ovent of a total taking of the Proporty.the proceeds shall be applied to the eums secured by this Security
<br /> Instrument,whether ar not then due,with any excess psid to Borrower.In the event of a parti�l taking of the Yroperty in
<br /> �_��~' f which the Pais market value oi the Property Immedietety b�iare tha teking is equal to or greatat t�an the amount of the
<br /> �x suma secured by thie Security Instrument immedistely be4ore the taking,unless Borrower and�L�ertdac�t1►crwise agree
<br /> _, .. �'�� tn w�ttin�,the suma secured by thls Se�urity Instrument ehall be reduced by ths amount oG ths prAaa�ds multiplied by
<br /> �3� the following fractian:(a)the total amount of the aums secured immediately beiAra tha taicing,,diNtr�ac�by(b)the fair
<br /> ?�, market value of the Proparty immediately before the teking.Any balence ahall�b�paid iq��3nrr.asvvr..,l�,tha event ot a
<br /> �� partial taking of the Property in wiuch tha tair market value of the Praparty imtttRdipt�ly h�i4r,�tliR t.�k�n�te less than •
<br /> tAe amount of tha sums secured immediately betore the takin�,unless Borrower ant��i,.�t►f�r otJim'9K���g�in writing
<br /> oc unless applieabla law otherwise provides. tha ps-��eeds shall be appllqd��tq�ths aums �auunec! by this Security
<br /> tnstrument whethet or not th�aums are then due. •
<br /> '� If the Property is abandoned by Borrower,or it, after notice by Lender to Borron��r ihH����ndemnor oifers to
<br />=�=i�%:vx.Lr make�n award or settle a claim tor dameges, Borrower fails to respond to L.ender with{a,30 days after the date the
<br /> }�;�,���i� notice is given,Lender Ia authorized to colleat and apply the proceeds,at its option.either to restoration or rapatr of the
<br /> ���"-" P� or to the sucns sccured by this Security Instrument,whether or not theta due.
<br /> -:.;1::..�;,.. l�ertY
<br /> a•. y. �s� Unless Lender and Borrawer otherwisa agrea in writing,any application of proceeds to principal shall nat extend or
<br /> "�;�`''�'� postpana the due date of the monthly payments cefened to in paragraphs 1 and 2 or ahange the.amount of such
<br />�:�_:,:.�;.�°.� gaYmenGs.
<br /> - ' • . 3l. Bortoceer Not �teleased; �ar6earanco By Leader Not a Waiver. Extensioa pi the time for payment or
<br /> :'ti•',�_ ,itiodification of amartizad�on ai the�euma secured by this Security Instrument granted by Landet to any successor In
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<br />,,�.;�:a� ;htetest of Borrower shall not aperate to releasa tha liability of tha original Borrower or Borrower'A succes,sora in
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<br /> ;s���,,,., interest.Lender shall not�be required to commence proce.edings agairtst any succeasor in intarest ot,reTiise to eatend
<br /> ;-f��;a�i time for payment or othercvise mod�fy amortization ot the sums secured by this Security Instrumont by rea�son of any
<br /> u, ���=— demand msde by ths originat�atrower or Borrower'sauccessore in interest.Any forbearance by I.ender in eaercisi�
<br />-a--�� any right or remedy shall not be a waiver of or preclude the exerclse of any right ot remedy.
<br /> -��`_�'� 12.Successora and Assi s Bouad;Joint aad Severat Liability;Co-signere.'I'h�eovenants and agreements
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<br /> af iMs Security Inser�m�ii sh� ! biad anQ b..-nci:s ik�su�r�anc3 a�i�s of T..on�er end R�rn�wer,subject to th�
<br /> ���;;;,�. = provisIons of paragraPh 1T.Borcower's c�venants and agreements shall be jrnn�and�averal.Any Horraiver who co-eigns
<br /> _--o���. this Security Instrument but doea not execute the Note: (a) is co signing this Sec�irity Instrument�only to mortgage.
<br /> —_____� gcant and convay thet Borrower's inter�st in the Property under the terms of this SeauritY'Instrainent; (b) is not ;
<br /> -_--„�,a,; : personally obligated to pay the suma secvred by this Security Instrument;and (o) ageees that Lander and any oth�r� '
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