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<br /> � payment, muy nu langcr bc rcquiral,ut thc option nf Lxndcr,if mortgugc insuruncc covcrngc (in thc umouot and for thc periad
<br /> { thut Lc�xier reyuires)providcd by an insurcr appravc�f by Lendcr aguin bccames availublc and is obtaincd. Borrowcr shall pay
<br /> •••� �j the prcmiums rcquired to maintuin mongage insurance in effect,ar to providc u loss reserve,until the requir6ment for mortgugc
<br /> �" in�urance ends in acc��rdanre with nny written agreement between Borrowcr and I.ender or applicuble law.
<br /> •��" 9. Inspectian. l.cnder or its agent may muke reA.connble entrics upan und inspections of the Propeny. L,enJer sl►uli give
<br />�`����� Banower notice ut the time af or prior to un inspection spccifying reasonable cause far the inspection.
<br /> � . 10. CondemnAtlon. Th� prc�ceeds of uny uwnrd or claim for dnmages, direct ar consequential, in connection with any
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<br />- condemnation or other taking of uny pan of the Praperty, or for convcyur�:e in lieu of condemnation,are hereby usstgn an
<br /> . •r� shaU bc paid ta L.endcr.
<br /> ln thc event af a totnl taking of the Property,the proceals shstll he appliod to thc sums securod by this Security Instrument.
<br /> whether or not thcn duc. with any excess paid to Bormwer. In the event of a purtial taking of the Propcny in whirh the f�ir
<br /> ;,•.:s�• ' market value of the Property immediately before the t�lcing is equal to or greuter thar►theamount of the sunu secured by this
<br /> • . Security Instrument immediately beforc thc taking,unless Barrower and Lcndcr otherwise agree in writing,the sums secured by
<br /> ' '� `. this Security Instrument shall be reduced by the amount af the procceds multiplied by the following frnction: (a) the iotal
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<br /> `- _::�.,.. amount of the sums secured immediately befom the taking, divided by (b)the fair n�arket value of the Property immediatcly
<br />_��^�'r '� before thc taking. Any balance shall be paid to Borrowcr. In the event of a partial u►kin6 of thc Property in which the fair
<br /> "�'�"' markct vulue of the Properry immcdiatcly beforc the taking is less than the amount of the sums secured immecliately bcfore the
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<br /> ':_;'���;� taking, urtless Bottower and L.ender otherwise agree in writing or unless appli�:able law otherwise provides,the procceds shall
<br /> . be appli�d to the sums secured by this Security Instrument whether or not the sums are chen duc.
<br />-r.;�,,"• If the Property is abundoned by Borrower,or if, after notice by I.ender to Eorrowe�tha�the condemnor offers to make an
<br /> ;-T=,; awurd or settle a claim for dcunages. Borrower fails ro respond to Lender within 30 days after the date the notice is given,
<br />:..,'r�;�,� r Lender is authorized to collect and apply the proceeds,at its option, either to restoration or repair of the Property or to the sums
<br />°�`'�"''� secured by this Securiry Instrument,whether or not then due.
<br /> '��'���'�• Unless Lender and Borrower otherwise agree in writing, any application of procceds to principal shall not extend or
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<br /> -���;�• postpone the due date of the monthly payments referred to in parngraphs I nnd 2 or change�he amount of such payments.
<br /> �-��_`� I1. Borrower Not Released;Forbearance By l.ender Not a Waivea Eatension of the time for payment or modification
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<br /> _-�_P;� of nmortization of die sums secural by this Securiry Instrument granted by I.ender to any successor in interest of Borrower shall
<br /> -'''"r''' n�t o�:ratc to rcl�c thc liability of tl2e arigitt:s! B�rrowQr or Perr�wer'c xucce.ccors in imterest.I.ender shall not be required to
<br /> �•��`� commence proceediogs against uny successor in interest or refuse to extend time for payrnent ar otherwise modify amortizatian
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<br /> of the sums secured by this Securiry Instrument by reasun of any demand made by the ari�inal Borrower or Borrawer's
<br /> - successors in interest. Any forb�strunce by Lender in exercising any right or remaly shall not be a waiver of or prectude the
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