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�_ __. �.r �k _ _ _— I � ro�-�o0094 rlf Lender required mongage iusurance as A candition aP muking the loan se�;ured by thi� Security Instrument, Borro��er�hall pay the premium��equired ta maintttin the insurance in effect until such time us the requirement far the � insurnnce terminates in uccordance with Borrower'c and Lender's written agreement or applieable law. 8. laspertiari. Lender or its agent may mAke reASOnable entrie.s upon and ins�ectians oF the Property. Lende� shall give Horrower nntice ut the time of ar prior to an inspection specifyiog reasonable cause for the inspection. 9. Condemnation. The proceeds of any a�vard ar claim for dAmages,direct or consequential,in cannection with �: any candemnation or other taking of any part of the Praperty, or for conveyance in lieu of condemnution, are hereby assigned and shall be paid to Lender. In the event of a tatal taking of the Property,the proceeds shall 6e applied ta the sums secured by this Security Instrument.whether or nat then due,with uny excess paid to Borrower. ln the event af a partial taking of the Property, unless Horrower and Lender otherwise agree in writing,the sums secured by this Security Instrument shall6e reduced by the amount of the proceeds multiplied by the following fraction:(a)the total amaunt af the sums secured immediately � before the taking,divided hy(b)the fair mArket value of the Property immediately before the taking.Any balunce shall be paid to Horrower. ' If the Property is abandoned by Borrower,or if.after notice by Lender to Borrower that the condemnoT oft'ers ta make an aHard ar settle a claim for damages,Borrower fails to respcmd to Lender within 30 days aiter the date the notice is + given,Lender is authorized to coltect and apply the proceeds,at its option,either to restoration ar repair of the Property a•r � to the sums secured by this Security Instrument,whether or not then due. ; Unless Lender and Borrower otherwise agree in writing,any application of proceeds to principal shal)not extend or , postpone the de►e date of'the monthly payments referred to in paragraphs 1 and 2 or change the amaunt of such payments. , 10. Borrower Not Released; For6earance Ay Lender Not a Waive�. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in ---- - � �n!?rest of Borro::•e:shs2::.�t op�ratc io r.:l,:�e¢;,c lia�i;iiy uf che original Borrower or�3orrower's successors�n interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for � payment or otherwise modify amonization of the sums secured by this Securit��Instrument by reason of any demand made ; by the original Borrower or Bonoaer's�uecessors in inter�st.Any forbearance by Lendzr in exe�•ci�ing any right or remedy shall not be a waiver of or preclude the exercise of any right ar remedy. . 11. Successors and Assigns Bound;Joint and Several Liabllity;Co-signers. The covenants and agreements of � this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower,subject to the provisions � of paragraph 17.Borrower's covenants and agreements shall be.jaint and several.Any Borrower who co-signs thi�Security Instrument but does not execute the Note: (a)is�asi_r,ning this Security Inctrumem�nly��.n�+n�b�or�^=�^��;'�i -_ _ tnat Honower's interest in t�►e Property under the terms of this Security lnstrument;(b)is not personally obligated to pay ` " the sums secured by this Security Instrument;as�d(c)agrees that Lender and any other Borrower may agree to extend. �� . modify,forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without ' that Borrower's consent. , �:�-_ 1Z• Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets ma�;;mum loan •.;�= charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in -