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<br /> "''"' payments miy na longer be required,at the option of Lender, if mongage insurance caverage (in the amount
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<br /> -`�-"s thu I.endor requires)pravidal by an insuror approved by[.ender again becomes nvailablc and is abtained. Bonowcr shall pay
<br />"„��;s�r-�� lhe premiums reyuirai to maintain mongage Insurance in efkct,or to provide a loss reservc,until the rcquircment for mangagc
<br /> -A°;�;;�t insurance ends in accordance with any wriuen agreement betwan Borrower and L.end�r or applic�ble law.
<br />=:,?" = 9, Iropectlon. Lender or its agent may m�lce reasonable enules upon a�id inspections of the Propeny. L.ender shaU give
<br /> ��`' �• Eiorrower notiie at the time of or prior to an inspection specifying re�anable cause f�r the inspecilon
<br /> "-�`�' �" 10. Condemru�lion•The Procxds of any owud or claim for damages, direct or consequential. !n connection with any
<br /> N�:�y..
<br /> _ condemnation or other taking of any part�f the Propeny,or for conveyartce in lieu of condemnation, are hereby assigned an
<br />_-_���' sh�li be paid to l.ender. -
<br /> "��� ln the event of a total taking of the PropeRy,the proceals shall be applied to the sums secured by this Security Instn►men�,
<br />� whecher or not then due, with any excess p�id to Borrower. In the event of a pa,�tial laking of the Propeny in which the fair
<br /> muket value of the Property immuliacely beton the taking is eyual to or great�z than the arnount of the sums sccured by this
<br /> _;. —� Security Instrument immediately before the ulcing,unless Borrower and I.�nder otherwise agree in writing.the sums secured by
<br /> "�`•� ' this Security Insirument shall be raluced by the anwunt of the proceeds multiplied by the (ollowing fcxtion: (a) the total
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<br /> :��;:;�-= = �� �utu of ih� sums secured immediately before the taking, divided by(b)the fzir m:uket value of the Propeny immediately
<br />-���� betore the t�lcing. Any balance shall be paid [o Borcower. In tha event of a partial taking of the Propeny in which the fair
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<br /> -,,,�_ ctwket value of the Property immediately before ihe taking is less than the amount of the sums secured immediately before the
<br /> -- taking,unless Bonower and l.ender otherwise agree in writing or unless applicable law otherwise provid�s,the proceeds shall
<br /> =�-'y-�� be applied to the sums secured by this Securiry Instrument whether or not the sums are then due.
<br /> _._1 lf the Property is abandoned by Borrower,or if,after notice by L.ender to Borcower that the condemnor offers to make an
<br /> --�-� award or settle a claim for damages, Aorrower fails to respond to Lender within 30 days afler the du�the notice is given,
<br />=_�`�ti l.ender is authorized tn coltect and apply the proceeds,at its option,either to restoruian or repar of the Property or tu the sunis -
<br /> '� - secur.ed by this Security Insirumenl,whether or not then due.
<br />-�•,�j Unless l.ender ar.d Borrower othetwise ag[ee in writing, any application of procteds to principal shall not eatend or
<br /> postpone the due date of the monthly payments nfecred to in puagtaphs 1 and 2 or cGange the unount of such paymrnts.
<br /> --- 11. llorrowa Not Relc�ased;ForDwr�nce By I.ende�Not a Wdrer.Extension of the�ime for paymrnt or modification
<br /> � of�mortization of the sums secured by ihis Securiry Instrument granted by Lender to any successor in interest of Borrower shall
<br /> aot operate to rclease the liabiliry of the original Boaower or Bortower's successors in interest.Lender shall not be requiral ta
<br /> __ cocnmence proceedings against any successor in inteast or refuse to extend time for payment or otherwise modify atnorlization
<br /> _ __�,� of the sums secured by this Security Instrument by reuon of any demand mxle by the originil Borrower or Borrower's
<br /> successors in intenst. My forbearu►ce by Lender in exercising any right or rcmedy sh�ll na ba a wvver of or preclude the
<br /> -= exercise of any rip,i�t or rcmedy. �J
<br /> ----- 12. .SYCCd60F5 � ���+�0�0� Y�d J!Y«YI LI�tHII�� l.o��llet�. �iic wticiuRiS ulY�1VV��YSS�J C� :.�:SS
<br /> --- Securiry Ic�strument shall �ind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of
<br /> °� par:gnph 17, Borrower's covenants aod �greements sh�ll be joint wd several. Any Bocrowar veho co-signs this Sacuriry
<br /> � Instcument but does aot execute the Note: {a) is co-signing this Socuriry Instrument only to mortgage, grmt and conve}� tbx
<br /> —_ Dorrower's interost in the Property under t1►e cermm�of this Security Instrument; (b)is not pGrson�lly oblig�ted to pay the sumc
<br /> � sectuod by this Security instnunent:uxl(c)�grees that I.�ender and any othcr Borrower may agrce to extend.rnodify.forboar or
<br /> make u►y accomnwdacioas with regud to the terms of this Securiry Instrumeat or the Note withoui that Borrower's consent.
<br /> 13. I�own Cb�rBa•If the loy►secural by this Security[nstrument is subject to a law which seu maximum Ioan ch�rga,
<br /> md thu I�w is finally interpretal ao th�t tik incerat or other lovi chugc�s colla:taf or to be cnllected in cormection with the
<br /> lwa excood the permitted limits. then:(a)uly such Iwo charge stull be reduood by the unount necessuy to reduce d►e chuge
<br /> to the pertnitted limit;and(b)any sums alnady collectal from Borrower which exceeded pem►itted limiu will be rcfw�ded to
<br /> Borrower. Lenckr tnay choose to m�lce tl�is nfund by reducing the princi� owod under the Nae�r by makwg a dimt
<br /> paYment to Borrowor. If a refund reduces principal, tho reeiuction will be trea�ed �s a parti�l Prep�Yment without my
<br /> P�PaYment cts�rge under the Note.
<br /> 14.Notkes.Any notice to Borrower provided for in this�ecurity instrument shall be givrn by delivering it or by mailing
<br /> it by fint class mail unless appiic�ble lzw nquircs use of another method.The notice shalt be directed to the Property Address
<br /> � - = or any other �lress Borrower designates Dy notice ta Lender. Any notice to Lender shall be given by first clut mail to
<br /> � � Lender's address stuai herein or�ny aher address Lei�der designates by notice to Borrower.Any notice provided for in this
<br /> __ —= Security Inscrumrn[shall he damod to have been given to Borrower or Lender w�hen given u provided in this paragraph.
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