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<br /> '='�'' '• `'^ paymcnts may nu lungen c�rcquircd, at thc optiun�f Lcndcr, if mortgugc insurancc c��vcr.�gc (in thc wnc�unt and for thc pericxl
<br /> �� that I�:ndcr requires)provided Ny,m insurer approved by L.cnder ugain becomes available and is obtuineci. Borrowcr shall pay
<br />--_'�:';�'t.�•�� thc prcmiums rcquircd to muintuin mortgnge insurunce in cffcct,nr to provide n loss reservc.until the rcquircment for mortliage
<br /> insurunce ends in uccurdance with any written ugrcement hetween Borrower and Lender or applicable law.
<br /> ;,��. 9, lnspcctlon. I.c:n�lcr or its ugent muy mukc reationable cntries upan and inspcctions of thc Proper�y. [..cndcr shaU give�
<br /> ,�':i m Bormwcr noticc at thc timc af or prior to un inspcction Specifying rcasonablc causc for thc inspcction. �
<br /> 10. Candemnution. Thc procccds c�f uny uwu�d or cluim for damnges, direct or conscqucntiul, in wnnu:tion with nny
<br />___--- � condcmnution or athcr tuking c�f uny purt oF tiic Property, or for comcyancc in licu of condcmnation, arc hcrcby ussigned und �
<br /> shall bc paid to L,endcr.
<br /> - :.�`.+�i In the cvent of u t��tul taking of thc Property,thc procccds shull bc�+ppliccl to thc sums secured by this Security [nstrwnent,
<br /> • . whe�hcr i>i nat then c:ue, with uny excess paid to Borrower. In the event of a partial taking of chc Property in which thc fuir
<br /> ' �• � ' market valuc c�f the Property immediatcly beforc the tuking is cquul t�� or greatcr than the amount uf the sums secured by this
<br /> �."�;a'Y,._:
<br /> • t Security Instrument immediutely before the tuking,unless Borrower nnd Lender otherwise agree in writing,the sums secw�ect by
<br /> �"• v ' this Security Instrument shall be reduced by the amount of the proceecls multiplied by the following fraction: (a) the total
<br /> ti;:,:'' amount of the sums securcci immediately before thc tuking, divided by (b) thc fuir murket value of the Property immediately
<br /> II�`�`�•• beforc the taking. Any balancc shnll bc paid to Borrower. [n thc event of a partial taking of thc Propeny in which the fnir
<br /> ��`'�� -'"`�' market vnlue of the Property immediately before the taking is less than the umount of the sums securcd immeciiately before the
<br /> " ,t,ti�w.�, tnking, unless Borrowcr and I.endcr otherwisc agrce in writing nr unless applicable law otherwise provides, the proceeds shall
<br /> Y`•� ��: `�� be applied to the sums secured by�his Sccurity Instrument whether or not the sums arc then due.
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<br /> _ '1,:;,.,:� If the Prope��ty is abandoncd by Borrower,or if,after notice by L.ender to Barrower that the condemnor offers ro muke an
<br /> award or settle a claim for dumuges, Horrower fuils to respond to Lender within 30 days after the date the noticc is given,
<br /> � ` Lcnder is authorized to colicct and apply thc pmceec1s,ut its option, cither to restoration or rcpair of the Praperty or to thc sums
<br /> � ' securcd by[his Security Instrument, whethcr or not thcn due.
<br /> �,;.:-.�,•,� Unlcss Lender and Borrower otherwise agree in writing, any application of proceeds to principal shull not extend or
<br /> � postpone thc due datc of the monthly payments referrcd to in purngraphs 1 and 2 or chunge the amount of such payments.
<br /> • • • 11.Borr�wer Not Released;Forbearunce By Lender Not a Waiver.Extension of the timc for payment or modification
<br /> of amortiuttion of the sums secured by this Security Instrument granted by Lender to uny successor in interest of Barrawer sl�all
<br /> -' _—� _ no►operatc to releasc the liability of the ari�inal Borrower or Bormwer's successors in interest. Lcndcr shall not be required to
<br /> `� ���� _ commence proceedings ugainst uny successor in interest or refuse to extend time for payment or otherwise modify amortization
<br /> � of the sums secured by this Security Instrument by reason of any demand made by thc original Borrower or Borrower's
<br /> • successors in interest, Any forbearunce by i,ender in exercising any right or remedy shall not be a waiver of or preclude the
<br />:�;j;'•�'' �� 4 exercise of any right or remedy.
<br /> '" 12. Successors and Assigns Bound; Joint nnd Several I.tability; Co-signers. The covenants and agreements of this
<br />�:�._.�.�..;. i:
<br /> ;:.;,_;.�: ; Security Instrument shall bind and benefit the successors and assigns af Lcnder and Bonower, subject to the provisions of
<br /> ��""'`-'""�'�"-' paragraph 17. Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security
<br /> ' � ^ Instrument but does not execute the Note: (a) is ro-signing thi�Security Instrument nnly to mongoge, grant and convey that
<br /> � � Borrower's interest in the Propeny under thc terms of this Security Instrument; (b) is not personall,y oblignted to pay the sums
<br /> __ ; �'�6.. sccured by this Security Instrument; und(c)a�rees thu[L.ender and uny other Borrowcr mpy agree to exte�id,modify,iorbcar or
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<br />-:,;.�;,�.;�. • make any accommodations with regard to the terms nf this Security Instrument or the Note without that Borrower's consent.
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