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<br /> �� payments may no langer be required,at thc upNon of L.endcr, if mortgagc Insurance coverage(in the amount and for thc period
<br />�_��_=°�"!�3 that Lender requtres)provided by an fnsurer approved by L.ender ag�ln becomes avallable and is o��dned. Borrower shall pay
<br />_"'.:'�'�� the prcmiums requlred to maintain mongage Insurnr�ce in effeGt, or to provide a los�reserve,undl thc requirement for mortgago
<br /> ^,.s;,�t:? insuru�ce ende in accordance wfth any written agroement between Borrower and Lender or applicable iww.
<br />:�,�;�. 9. InepecNon. Lei�der or it�Agent may mdce rcasonAble entrie�upon ancl inspections of the Propcny. Lender shxll give
<br />-v:�,.� '' Borrower notice at th�[ime of or prior to an fnspa:tion specifying reasonable caux fur the inspection.
<br />_=—i�. •� 10. Condannatlon. The procecds of any awud or claim for damages, di�ect or consequential, in connection with any _
<br /> �^=� condemnadon�r other taking of any part of the Fropeny, or for conveyance in lieu of condemnwtion,are hereby assigned and
<br />;�;,;i'��.� sha11 be paid to Lender. �-
<br /> _=�� fn thc event of a total taking of the Propeny, the p.rocads shall be a�plied to the sums secural by this Security Instcument,
<br /> � � whether or nat then duc, with any excess paid to Borrower. In the event of a panial taking'of thc Property in which the fair
<br /> __.;.��,.
<br /> market value of the Property immediately before the taking is equal�o or greater than the amount of the sums socured by this
<br /> ,�, �,,- � S�curiry Instrument immediately before the taking, unless Borrower and Lender otherwise agree in writing,the sums securod by
<br />_•;,�, this Securiry Instrument shall be reduced by the amaunt of the proceeds multiplied by the fo!lowing fraction: (e) the tot�l
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<br /> :_u,l�; amount of the sums secured immtdiately before the taking, divided by (b) the fair market value of the Propeay im �ate y
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<br /> —r before the taking. Any balance shall be paid to Borrower. In thc evcnt of a partial taking af the Property in which the a r
<br /> °�"�'`—'�"s market value of the Properly immediately before the taking is less than the amount of the sums secured immediately before the
<br /> _-=��. taking, unless Bonower and Lender utherwise agru in writing or unless applicablc law otherwise provides, the proceeds shall
<br /> y;�a,��� be aNplied to the sums securecl by this Security instrument whether or not the sums are then due.
<br /> __- If the Propeny is abandoned by Bonower,or if, after notia by Lender to Bonower that the condernnor offers to make an
<br /> �""'`H�, awazd or settle a claim for damages, Bonower faila to respond to Lendcr within 30 days after the datc the noticc is given,
<br /> '�_�� � l.ender is au�horiud to wUa:t azid apply tlie prxeeds, at its aption. cithcr to restoration or repair of thc Property or to the su�rw
<br /> ---�`'---�—� secured by th�s Secudry Instrument,whether ornot then due.
<br />__��" Umless Lender and Boaower otherwise agree in writing, any application of proceeds to principal �hall not Gxtend or
<br />�'-- -- postpone the due date of We monthly payments referre3 to in paragraphs 1 and 2 or change the amount of such paymenG9.
<br /> __ _� 11.Borrower Not Rdeased; Forbenrance By L.eader Not w Waiver. Extension of the time for payment or modification
<br /> -- — of amarti•ration of the sums secural by this Security lnstrument granted Uy Lender to any successor in interest of Borrower shall
<br /> �-- not operate to release the lisbility of the originol Borrower or Borrower's successors in interest.Lender shall not be requirod to
<br /> = commence proceedings against any successor ia interest or refuu ta extend time for payment or othenvise modify amortization
<br /> ���'� o€ the sums securod by this Security Instrument by reason of any demu�d made by the original Bozrower or Borrower's
<br /> � '"� successots in interest. My forbearance by I.ender in exercising any rlght oi•remuly shall not be a waiver of or preclude the
<br /> '� exercise of any right or remedy.
<br /> —�----'� i�. �,;;;,,��, ;�� �:�;.v n,o;::sd; �alr.: �;�! c�y�nt T.iwl�ilitY; C_.�lonerc. The covenants and aarecments of this
<br /> - � Securlty Instrument shall bind and txneCt the successors and assigns of I.ender and Bonower, subject to the provisions of
<br /> ;� paragraph 17. Borrower's covenants and agrcements shell be joint and several. Any Borrower who w-signs �his Security
<br /> ; InstNment but does not exxute the Note: (a)is co•signing this Security Instrument only to mortgage. grant und convey that
<br /> = Borrowor's interest in the Propercy under the terms of this Security Instrumenh (b)is not personally obligated tn pay the sums
<br /> securod by thia Securlty Instrument;and(c)agrees that I.ender and any other Bonower may agra to cztend, modify, forbear or
<br /> � mako any accommodations with regacd to the terms of this Security Instrument or the Note without that Borrower's consent.
<br /> . 13.Loon Chprge8. If the loan secural by this Security Instrument is subject to a law which sets mazimum loan charges,
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