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<br /> t u ments mn no bnger be requitcd,at tde option uf Ixader,i�F mongu�e insurnace covernge(in the amount and for th�period
<br /> , • thu I,ender requlres)Prc�vided by na insurer approved by Lender nguin becomes available and is obwlned.Borroaer shnll puy ��
<br /> � tbe premi�uns re�ulred tu mnintuia mortgnge insurnnce In effect.or to provide a loss reserve,until tlne requirecuent for atonga�e � �:,__'
<br /> inaumnce endsln zccocdnnce�vfth unY written Agreemznt lsatween Borro�ver attd Leader or upplicuble law. � -�.,;_
<br /> . * g.Iuspxttoa. Lender er ita ogent muy make reasoaable entriea upon and IasgECtio�rs of the Property. Leader ahnll Qive � ,__
<br /> � 'ki:
<br /> ' 13orrower aoQce at the timc of or prior to un inspection cpecif�ing resisonable cause for the inspECtion. , :
<br /> m� 10. Condertus�tlon.11te praceeds of nny uward or clai�foe daraages, dtrect ar consequentinl, in connection with any � _.
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<br /> � .�z* condemnatton or other taking of any part of the Property. or for convsyence in lieu of condemnation,ace hereby assigned and 4:'�
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<br /> shull be gaid to I.ender. �`�-
<br /> .��, Ia the eveat of a tut�l ttil�in8 of the Property.tlte proceeds a6a11 be ugplied to the sums se�:ured b9 thla SecutitY Instrument, �:�-
<br /> whether or not then dus.with unY escess Paid to Borrower. In the event of a parti�l teking of the Prope.rcy�n which tde f�ir i� ��.�,
<br /> �� market value of the Proparty imixt e d inte ly be fote t he t a k i a g i s e q u a l t o o r g r e ater than the amouut of tha sums secured by this [_^_:
<br /> the sutas secuted by
<br /> � �CUrity Instcume�t immetiiately beforc the taking,unless Borrower and Lender othenvlse agree in writing, -_
<br /> ,�, �{s ��ri�y Insmunent shail be reduced by tbe pmouat of tbe proceeds muldplied by the following fraction: (a) the totnl
<br /> amount of the sums secwcd immedintely before the taking,divided by(b)the fair m a r ket v a lue o f t he P mg e r t y immedintel y
<br /> �'� before the tating.Any bal�u►c�shall be paid to Borrower. ln the event of a partiul taking of the Propeny in which the fair __
<br /> m m�rket vnlue of the Fro�erry immediutely before the teking is less tdaa the an�uw�.t of the sunas secured imanedIutely before the ---
<br /> �`�`�" �ing.uniess gortower aad i,ender otherwiss agree i�►wrjdn�or unless apglts�ble law otherwise provides.the prooe�d$shall
<br /> . '.. �upplie�to the surn�secured by tWs Securitl+tasmuitent whe�e�r�r�ot the soms are then due. .
<br /> If tge prope�ty is abandoned by Bornower.or lf,after aoYice�+y�tnder to Borrower thst the condcmnar offers to ma�:e an
<br /> ' ,,� award or settle a claim �ar dcima8es. Bo�sower fails to respop to i.ender crir,�in 30 days�r���e n or o the svwns _
<br /> L e n d e r i s a u t�o 7 i z e�1 co�+uect and a p ply the procxeds.at its o tbn,either to restoration or r air of the Property ' ..
<br /> : -��°''`� scxured by tEts SxtuitY Tnsttttment,whether or not then due. �-
<br /> ' Unless I,eudea end Borrower othenvise agree in wdt�g,zpy aPPltca�on of prooeeds to priucipat sh�li aot eatea�or =_
<br /> � . pos�pons the d�se date of the montbly payments refemed w in Para�P�1 aad 2 or change the amount of such payments. ,_
<br /> '., �� 111.goc4+ower IVoi Releasedi Forbearanse�Y y.ender Not a Waiver.Bxtension of the time for payment or modification
<br /> � -�� of amort3zadon of the swns secured bY this Sesuriq+���t grautoal by L.esder to aay successor in iatemst of Bocrower shall
<br /> w..t�;�
<br /> :;.�.�;, not operz'_e to rekase the liabiUty of the ariginal Borrower or Borcower's successors in inrerest.Lender ehall a�ot be req to
<br /> :�,;�� ����ip���t aay succRSSOr ia interest or cefvse to extend time for payment or otherwise modify amortizatioa
<br /> �f the sums secured by thts SecutitY Iast�uraeat by reason oI any demand made by the orlginel B°rrav�`er or Borrower's
<br /> �.�.;e'S�""� auccessors !n ia!erest. Any forbearance by t,enaer in exercisins any r;gitt�.y shalt uot t�e�slvwr�f�r�u+eclude the �
<br /> ��;'���� axercise af m�y dght or cemedy. ere. The covenant�and a�reements of this .
<br /> ���..;�� 12. S�cec�oa�s and A�stgos Boundi Joint ead Sevcrpl Liabflity. mm-s16n
<br />--____ ���•A�.�rumemt shull bind and benefit the successore au�ss��afSns of Lauler and B°n°wer� subject co the pcovisions of
<br /> -�=„�,�� pa:a�'.� 77. Horaowcr's covenants and agreements sha11 be j�int and several. Any Bonrower who co-sigas this 5�cuslty
<br />- �_;�;� insuumznt but does not eaecute the Note: (a)is co-signiug tbis 5ecurity Lnstnuneat only to mortgage,6catyt sad wm�cy ahat
<br /> -_---- - Borrower's lnterest in tho PropertY uader the terms of thin Secudty Insuu��at;(b)is noi personally oblf�ut�ed to pay the snms
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