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<br /> . �, �� of��,� ��u �� �hy, If Borrower fails to perform thc covenants and agreements
<br /> conuJned in this Security lnatcument, or thera �s a�roba er�f rlcondeamnatfon i8°rf�forCeiuro�or mdenforcehtlawetor
<br /> property (such as a proceeding in benkruptcy� P
<br /> regulations), then l.ender may do and pay for whatever is necasary to protect the value of the Proprny and L.ender's
<br /> right� in the Property• 1.ender'a action� rtwy Include paying Any sums sceured by a lien which has priority over this
<br /> Secutity lnstrument, appearing in caurt,paying reasonable attomeys' fces and entering on the Prope►ty to make repAirs. `
<br /> Although I.,�nder rnay talce wctlon undor this parAgraph 7,Lender does not have to do so.
<br /> Any amounts diabursed by Lender un�d�er�thnder aa�ee o otherl cerm9nof P Y t�n�thlse �am°unts shell bear interest
<br /> Secudty Instn�ment. Unless Borrower S
<br /> from the date of disbursement at thc Note rate and shall be payablG, with interest, upon aotice from Lender to
<br /> Bonower requesting payment.
<br /> S. Mo�tg�e Inaar�re• If Lender required mongage insurance as a candition of making[he loan secured by this
<br /> Security Insttument, Boaower shall pay the premiums required to mainiain the mortgege insurance in effect. lf,for
<br /> any reason, the mortgage inaurance coverage required by Lxnder lapses or ceases to be in effect,Bonower shall pay
<br /> the premlums required to obtain coverage substantially a�uivalent to the mortgage insurance previously in effect,at
<br /> a cost substantially equivalent to the cost to Bonower of the mortgage insurance previously in effect,from an altemate
<br /> mortgage insurer approved by L.ender. If substantially equivalent mortgagc insurance coverage is not available,
<br /> Borrower shall pay to I.�nder each month a sum equal to ono-twelfth of the yearly mortBaSe iasuran�e premium being
<br /> pald by Borrc�wer when the insurance coverage lapsed or ceased to be in ef€ect. I.ender w��l accePt� usc and ncain
<br /> tha� payments as a l�ss reserve in lieu of mortgage insurance. I.oss reserve payments may no laiger be rcquIr�al��ae
<br /> the option of I.ender, if mortgage insurance coverage(in the amount and for thc period that Lender requires) p
<br /> by�n insurer approved by I.ender agaln becomes available and is obtained. Barrower shall pay the praniumsinsuran�
<br /> to maintain mortgage insurance in effect,or to provide a loss reserve, until the requicement for mortBaB
<br /> ends in accordance with any written ugrcement botween Boaower and Lender or appl`onse of he Pro n Lender
<br /> g, �ion, Lender or iW agent may make reasonable entries upon and inspa' !x Y•
<br /> stull give Borrower nodce at the time of or prior to sn inspection specifying reasonable cause fur the inspeccion.
<br /> L0. Caod�tloa• The proceeds of any awazd or claim for damages� direct or conscqumtial, in connoction with
<br /> any copdemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation, aue henby
<br /> auigned and shall be paid to Lender. lied to the sumg securod by tLia Securiry
<br /> li,�e �z�r.: af s t�tal ►.a�rin� of the PropertY� the proceeds shall be aPP
<br /> (nstrument, whether or not then due,with anY eices�s p�d�i°�f�W�� ��ng is equal to or greACer thm�the amoui►t
<br /> tn which the fair market v�lue of the Property Y
<br /> of the sum9 securod by this Security Inst�urnent immediat�ly before thc taking,unless 9orrower and L.eader othetwiu
<br /> agrx in writing, the sums secured by this Security Instcumrnt shall be reduced by the amount of the pcoceods
<br /> cnultiplied by the following fraction: (a) the tatal unount of the swna secured iriunedi+tely before the takiag,divided
<br /> by(b) the fair maticet value of the Property immedhich the�fair mack�value ofyhe ProPt Y�immed A ely before�e
<br /> Ia the eveat of a partial taking of the Property .
<br /> t�lcing is less than the amount of the sums secuced immediately before t he ��g� sh�S� plied to the�ums
<br /> oth�cwise agree tn wdting or un:ess applicable law othecwise pcovidq, the procted�
<br /> s�cured by this Sxuriry Instrument whether or not cha sums are thm due.
<br /> If the Pcoperty is abandoned by Borrower, or if,after notice by Lender to Borrower thu the condemaor offera tn
<br /> make an award to s�tde a claim for dart�ages. BorcoW� ��Spl�snet its pc on,either 3o nstorAt�on or repai of
<br /> uotice is glven,Lender is authorlud to collect and apP Y
<br /> the Property or ro the sum+ sa:ured by this Security Instrur.�ent, W lic�ation rof �rocads ut principal shall not extend
<br /> Unless L,ender and Bonower othecwise agree in wtiting,anY apP� P
<br /> or postpone the due dat� of the monthly paycnente referred �o in paragraphs 1 and 2 or change the �umunt of sucl�
<br /> PaY��g• �� g� i� � a VHaiva. Bxtension of thc time for paymer►t ur
<br /> 11. Ha'm�vet Na Rcle�d�
<br /> modification of�nortization of the sums secured by this Securit� Instrument granted by Ixnder to any successor ia
<br /> iaterest of Borrower shall not operate to release the liabillty of the original Borrawer or Borcower's successora ia
<br /> interest. Lender shall not be required to commence Proc��►gs against any successor in interest or refwe to oxtend
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<br /> = N�SGA•Sin�le F�m►lyPNYM�HI�IC UNR�ORM I�7A���
<br /> - Page 4 of 8
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