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<br /> � p�� o���•��ti�W iu the pnopeity. If Bottower fails co perform the covenants and agreemencs -
<br /> cont�ined in thi�Security lnetrument, or then is a legal proceecling that may significantly affect Lender's rights in the
<br /> Property (such ae a procading in bank►uplcy, probate, ior condemnatlon or forfeiture or to enforce laws or
<br /> rcgulations), then L.cader may do ancl pay for whatever is ne,cessary to pmtect the value of the Property and Lender's
<br /> rlghts in the Property, l.ender's acttons may Inciude paying any sums secured by a lten which has priority over this
<br /> Security Inatrument, appearin� in court, p4ying reuonAhlG attomeys' fees and entertng on the Property to make repairs.
<br /> Although Lcnd�r may take xction under this pazagraph 7,I..ender docs not have to do so. �
<br /> Any unounts diebursed by Lender under thts puagraph 7 shall become additional debt of Borrower sa:urcd by tbis
<br /> Security Instcument, Unless Porrower and l.ender agree to other tern�s of payrrrnt, thrse amounts shall bear interest
<br /> frocn the date nf dlabursement at thc Note rate and shall be payable, with interest, upon notice from I�nder to
<br /> Bonower requesting paymtnt.
<br /> 8. Mortg�e lnsuraooe• 1PLender required mortgage insurance as u condltion of making tlie loan secured by this
<br /> Security Instrument, Rorrower shall pay the premlums required to maintain the mortgage ins�uancc in effect. If,for
<br />- any reason, the mortgage insu�ance coverage required by l,ender lapses or ceases [o be in effect, Dorrower shall pay
<br />_ the pren�lums required to obtain coverage substantially equivalent to the mortgage lnsurance previnusly in effect,at
<br /> a cost subsRantlally equivalent to the cost to Borrower of the mortgage lnsurance previously in effect,from an alternate
<br /> mortgage insunr approved by Lender. If substantially equivalent mortgage insurance covcraqe is not availablc,
<br /> Borrower shall pay to I.ender each month a sum equal to one-twelfth of the yeazly mortgage insurance premium being
<br /> paid by Bonower when the insurance wvenge lapsed or ceased to be in effxt. I.ender will accept, use snd retxin
<br /> these paymenty as a loss tescivc in li�u of mortgage insurance. Loss reserve payments may no longer be requirecl, at
<br /> the option of l.cnder, if rnoRgAge insurance wverage(in the amount and for the period that I.ender requfres) provided
<br /> by en insurer approved by I.endcr again becomes available and is obtained. Borrower shall pay the premiums required
<br /> to maiutein cnorcgage insurana in effect, or to provide a loss reserve, until the requirement for mortg�ge insurance
<br /> ends in accordance with anY written agnernrnt between Borrower and Lender or applicable law.
<br /> g, In�poction. Lender or its agent may uvike reasonable entries upon and inspections of the Property, L.ender
<br /> shall glve Borrow+er notia at the time of or prior to an inspection specifying reasonable cause for tl�e inspectlon.
<br /> �p, Coodpm�tion, '!he procoeds of any awerd or claim for dan�ages,direct or consequential, in wnnection with
<br /> any condemnation or ather taking of any part of the Property, or for wnveyance in lieu of conclemnation. are hereby
<br /> useigned and shall be paid to Lende.r.
<br /> In the event of a total taking of the Property� the proceeds shall be applied to the sums ser.ured by thi� Sei:ucity
<br /> Insinu�w«i, whctl�cr or nc: :l::n �se. �!�!h any excess paid to Borrower. ln the event of a parcial takln8 of the Property
<br /> in which the fair market value of the Prolxny immediately before the taking is�equal to or greater thm �ne u��wuut
<br /> of the sums secured by this Saurity Instnimnt immediately before the taking,unless Bonower and Lendes otherwise
<br /> agra in writing, the sums sxured by thia Security Instrument shall be reduced by the amount of the proceeds
<br /> multipli�d by the following fr�ction: (a) tlu total amount of the sums secured immediately before the taking,divided
<br /> by(b) the fair market value of the Property irnmedlately before the taking. Any balance shall be paid to Borrower.
<br /> In the event of a partial teking of the Property ln which the fair market value of thc Pruperty imn►edluely before the
<br /> taking le less than che amount of [he sums secured immediately before th P taking, unless ��o'� to the sums
<br /> otherwise agrx in writing or unless applicable law utherwise provides, the rocceds shall be app '
<br /> secured by this Security [astnunent whetY�er or not the sums are then due.
<br /> If the Property is aband�ned by Borrower. or if,after notice by Lender to Bonower that the condemnor offero ta
<br /> make an awArd to settle a clwn for darnages. Borrower fails to respoi►d to Lender within 30 days after the date the
<br /> notice Is given,I.ender is authorized to wllect and apply the procee.is, at its option, either to restoration or repair of
<br /> the Property or to the sums secured by tt�is 5aurity Instrument, whother or noc then due.
<br /> Unless Lender and Borrowex otherwise agree in writtng,any application of proceeds to principal shall not extend
<br /> or postpone the dus dats of the monthly payments refened to in paragraphs 1 an� 2 or change the amount of such
<br /> pAyments.
<br /> 11. Botm�ver Not Rele�od; C'o�be�u�ooe BY I.�ader Na • Waiva. Extension of the time or payment or
<br /> modiflcatlon of amortization of the sums secureci by thiy Security Instrument gran[ed by L.cnder to any suceessor in
<br /> interest of Bonower shall not operate to release the liability of the originel Borrower or Bonower's successors in
<br /> interest. Lender shall not be requlred to co�nce proceed'engs against any successor in interest or refuse to extend
<br /> - Uti�+ONN[ INSfRU1�1I3I�Tf Porm 302�9I90
<br /> - lI�RASKASin�le F�mlly-PN�[AIPlflJ�C PagC 4 uf B
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