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<br /> . • '7. Protectlon of Lender's F1Qghts In the Propett'�I. It Borrower tails to pertorm the covonante end aproementa
<br /> � :� contalnad fn this Securtty�nsbumerd,or there Ia a legei proceeding lhat may slgniflcantry etfeat Lender'e dgMe in the PropeAy (auah�a
<br /> �� y a proceeding In ban{wptayr,prabate,for condemnaUon or toAotiure or to entoree lawe or regutedone),then Lender may do and p�y(or _
<br /> whataver is necessr3ry to protect 4he vatue of the Propedy end Lander's dghffi M the P►operiy. Lendct's aotlone mey inc�udo pt►ylnp � _
<br /> �� �� � � any euma secured by a tlen wMoh has pdodty over this Securily InaGumertt,appeerinfl In aourt, peying raeaoneble attomoy'e teea �nd � _
<br /> cmYadng on thn Propertyy to make repaire. Atthough Lende►may take aeUon under thia parapraph 7,Lender doea not heve to do eo. � -
<br /> My amounte disburoed by Lender under thfe peragraph 7 ehait become addlUonal debt ot 8orrawer aecured by thia 8ecutly � _
<br /> Inawmen4 Untesa Borrower and Lender agree to other terms af payment, theae amounts sha(I bear intetest from the dale ot � _
<br /> � � � dlabu�sement at the Note mte and ahall ba payable,wkh�tereat, upon noUce trom Lender to Borrower raqueaGnp p�ymeM. p� _
<br /> � � 8. MARg8�9 In8ur8atrs. !t Lender required mortgage Mauranco as a eonditlon of msWnp the loan Qeeured by ihin 8acuriry ��-�
<br /> � 7 �nstrument, 8orrower shail pay ihe premlums requtred to mainta�n the mortgage insuranae tn efteot. It, tor any re�eon, Ihe mortp�ge � =
<br /> • . ;�`�� insurance coveraga �equtred by Lender lapaes ar ceases to be in eileat,Borrower ehatl pny the premiuma requlred to obtaln cover�pe � _
<br /> , ' � substanUally equivatent to fhe mortgage Insurence prevlouely!n efteot, at a cost subatantialty equNntent to the coat to (�ortower oi the
<br /> •.��;,�„'�`�aq�� mortgage Insuranee previously h effect, hom an attemate mortgage Inaure►epproved by Lender. If eubetanti�tly equNatent mortptpe
<br />-�^'• . ;� insurence coverege Is not aveYable, Bortower shatl pay to Lender eaah manth a eum equat to onatwetfth o} ihe yetdy mortgtpe
<br /> _ � Insurance premium being patd by 8orrower when the Insurance coverage lapaed ar ceased to ba In etteot. Lender wUl aeoept, uee and
<br /> � , ` A•: reteln theae paymenta as e toes reserve In Ileu of martgage Insumnao. Loas reserve paymenta may no tonper be roqulred, et the =
<br /> . :}, . option of Lender, ff mortgage bswanae coverage (k� the amount and tor thq.perlod that Lendor requlrea) provided by an Ineurer
<br /> - ' approved by Lender agNn beeomes avaNable and Is o6tatned. Borrowsr shsil.pay tha premiuma requlred to malnteln mortgage
<br /> Insurance in efteet, or to praride a lose reserve, untll the requtrement tor maRg�ge Insuranae enda in acaordanae with any written
<br /> ' ': agreemant beiween Borrower end Lender or applicable Iaw.
<br /> •• f? 9. InspectlOn. Lender or fts agent msy make reaeonabta enAlas upon and InapeeUona of tho Properry. Lender ehelt phe
<br />- � '� Borrower notice et the time of a prior to en tnape�ion apacifyMg reasanable cauae for the InapeoUon.
<br /> •�• 't�'����_;,�:,,: 10. �9ndgltlh�ti0n. The proeeeda ot any award or ctatm tor damagea, direct or aoneequentiel, in conneation with nny
<br /> :, �:• 1 condemnaUon or other tekNig of any pert oi the Proparfy,or for conveyance In Ileu of oondemnaUon,ere hereby aesigned and ahei�be
<br /> . pald to Lender.
<br /> ;,i,., .�',.�� In the event of a total taldng of the Ptopmty,lhe proceeds ehall be app�led to the eums oeeured by thia 3eaurity Inetrument,
<br />' :;' whether ar not then due,wfth any excesa patd to Bortowet. In the event Qf a pnrtlal teking ot the Property in whtoh the hir market
<br />?�,`:;y;'� ~ vaiue of the Properiy Immediataty before the teking Is equei to or g►eater than the emount ot the sums aecured by this 8eeudty
<br /> Instrument tmme�atey before the teWng,uniesa Borrowe► end Lender otharwise egree fn writing, the eums eecurad by thla Secudly
<br />�''`�''J ' ��f4 � InsUument shetl be teduced by the amount ot the proceads mulUpiled by the toliowing iraodon: (a) the total amount of the sume -
<br />-•- . , aecured immedt8tely batore the taWng, dNided by (b)the tetr market veiue of the Propertyr immedinte.y betore the taWnp.My baknce
<br />' •, shail be paid to Borrower. in the event of a pardai tnidng ot the Propedy tn whioh the teir market vatue of the Property Immedietely
<br />��'�'' ` �:�. s beTore the taWng is less than the amount o!the eums secured lmmediately betore the taWng, un�eae 8orrower and Lender otherwlae
<br /> s.=,.:��y'�., ` agrea tn wddng.or untess apptcable Iaw otherwise provides, the procecds shall be applied to tha suma aecured by thle 3eeudry
<br />�K�'y.�����_
<br /> Instrument whether ar not the sums are then due.
<br /> ""'+����'2� � if!ha Props�ry ts sbandoned by 8ortower,ar H,efter noUce by Lender to Borrower ti�et the oonddnnor oRero to mske en eweM e► -
<br />_:-_;;.,,,, , -.
<br />�"==_:��,�5:,�,, setUe a ciaim tar.damagea,Borrower iatis to reapond to Leader within 90 days after the date the noUee la gNen.Lendar la Nuthodzed
<br /> .I _ ti
<br /> ra_:;e,��-�,r' to eo0ect and appiy.the proceeds,at fta aptton,elther to reatoratlon or repair ot ihe Properiy or to the euma aeoured by thts Secudty
<br /> -� ,����
<br /> �%ti;,: ,.� Instrument,whathar hr nat then.due.
<br />'='"�'-;��`;� Unless Lender.end..8ampwer otherwise egree in wrtdng,any applleatlon.et prooeeds to pdndpai ehall not eodend or poa2pane ths
<br />'�`'�7�'���'.�' due date of the moMhI y., PM�
<br /> � paym�ts referred to in paragraphs 1 snd 2 or ahango the amount af such eMa.
<br /> ,�ti".��; ' 11. Borrower'NoR'Relsaaed: Forbearanae By Lender NoS a iNBtver. Extenslon ot the time for p�yment or
<br />-4"_�3�*i'�" modiftcation o!amorttrntfon of the suma secured by thts 3ecurNyr Instrument granted by Lender to eny euecesaor In tntereat ot 8orrowx
<br />��'•a�� shaN not operate to release the tlabUity ot the odginet Borrowe�or Borrowe�s suaoesaore U tnterest. Lende�ahall eot be roqulred to
<br />'-�~�-�- eomm�nee proceedings againat any euccessor in Mterest er refuse to mctend,�timo tor payment or othe�wiae modNy amortluUon of tha
<br />���.
<br />_-=����;• suma secured by this Securily tnsficment by reason of any demand maQO•by the odginal Borrower or Bor►ower'e auceeaeoro In
<br /> ---°---�+-�� interest My forEearence 6y lender tn exerdsing eny�ight ar remedy ahNl not be e wniver of or preciude the exerdae of any dght w
<br />���� remedy.
<br />==:�,;;�„�„� iZ. Successors and Assigns Bound; Jotnt and Several Linbtlity; Co-algn�n. Ths covanante ana
<br /> i.�i"� agreementa of thls Seeudlyr Inetrume�d shsU bind end beneSt!he suoceasora and nastgna ot lartda and 8orrower, subJeat to the
<br /> provlslone of parapreph 17. Borrower's coveneMs end agreementa eheU be jatrrt and several. My Borrower who co-alpna thie 8ecudly
<br /> —�"_""�����q�a�t • tnsUument but doea not axearte the Nota: (a) fa caa►gning thie 9ecudty inatrument ony to mortgage, gnnt, artd eonvey that
<br /> '"�"�'�`���_�.y�� � Boaower's fnterest In the Propay under the teims ot thle gecurity Instrumen� (b)is not peroonally o�ilgated to pay the suma aecured
<br />��:��s� by thls 3ecudty Instrumer� end (o) agrees th� Lendar and any other Borrower may agree to exrcend, modity, forbatr ot make any
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