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<br /> suh�tuntiidty cquieida:nt m��rtgugc imuruncc covcragc i+nnt uvuilahlr,B�►rruwcr�hulf puy tu l rn.irr carh month a,um cyuul to �-
<br /> , •��ttc-tNclQh ot thc ycurly mortgugc in�unmcc premium hcing puid hy&�tr��wer«h�n thc insurtnuc covcrugc lup+cd ur ccuticJ tu _ _
<br /> � ' hc i�i cft'cct. I.c�idrr wil l ucrept, usc and retnin thc�c paymcnt+uti u loss rescrvc in licu oC mortgagr in�u�unc�. Lars cc�crvc �
<br /> pitym��u.muy n��lun�:cr bc requircJ:ut thc updun uf l.cizdcr.if mongngc in+urancc covcrugc lin thc.�muunt unJ fur thc penod �
<br /> thut l.cndcr rcqGires►pmvidcd hy w�insu�cr upprovcd by l.en�lrr i+gain becomcti uvailubk und iti ubtuineJ. Burruwcc,h;,li puy �°=
<br /> ° the prrmiums mquir�Yt ta muintuin m�mgngc iitsurance in eff�wt,��r to pruvidc o lo�ti reticrvc,uatil the requimment ii�r monguge =_
<br /> in,ur.uirc cnJ.in u�ratdunce with uuy w�iuen u�rcement betwcen f3�►rr��wer und l.�:nder nr i►ppHrublc I:iw. ---
<br /> ., �D.Insp��tl��n. I.endcr ur it+agcnt m�ry make�cusimubic rniries�ipun and inspectiu»s af the Ar��perty. l.ender shull givc --
<br /> Ei��nuwcr miUcc at tiu tinu��t ur prior tu un in+p�:ctian spccitying r�u+unublc cau,c fur thc inspertiun.
<br /> � ' 10.Condemnc►tlon. Th� prurrcds uf uny uwi►rd��r cluim G�r dumagcti.direct ��r cumcyucntiul. in cunncctian widi��ny � �s
<br /> �� cundenmatinn ur oQirr tu�ing uf any pan uf thc Pr�,l�crty, or ii+r cunvcyancc in licu i�f rut►Jcntnution. urn c�rcby :is,igncd anJ e �,�.
<br /> �� � nhull hc paid tu l.rn�lcr. --.-
<br /> , .,,_.•-�• in thc evcnt of a t��tal�ukin���f the P�n�n:ny,thc pro��ec,d.r xhull bc upplicd to thc sumti�ecurcd by diiti Sccuriry In�trununt, -
<br /> whcther or not thcn duc, with uny excess paid tu Borr��wcr. In thc cvent of a purtiai tul.ing ut'the Pruperty in which thc fuir �ry
<br /> ��,,,��•„� murket viduc��f thc Pmperty immcdiutcly befi�rc thc takiug ir cyuul to or grpter than thc wnuunt of thc�um+.ccured by thi+�
<br /> � Srcuriry Instruuient immrdintcly befim the tuking,unle.s Borruwcr and L.ender uthcnvise ugrec in wri�ing,thc�um.secured byC:�9 __
<br /> '� thi�Security In�trument shall bc �•�.�lu��cd by thc amount of thc proceecis multi�lied by thc ti�U��wing faution: (u) the totul
<br /> !{' uttt��unt of'thc sum� ,ecured iitimcdiutcly before thc taking,divided by lb1 dic tia�r market valuc��f the Property immcdiutely
<br /> - - � bcf�re the taking. Any balunce shull be puid to&�rcowcr. In thc event of a p�rcial taking oT the Propeny in which the fui
<br /> murket value��f the Property immediutcly hefum chu tnki�ig is less th;u�the unmunt uf the sums �ecurcd immeaiiately befare th
<br /> tukin�.unlcs�Burrawer und l.cnder atherwi�c ugrce ln wnting or unless upplicablc law othenvitic provides,thc prncceds shull
<br /> '' bc applied ta the swns securc+d by this Sccurlry Instrument whethcr or not thc wms arc then dur.
<br /> ,r,�,�� If the Pn�peny iti ubundoned by Bo��rawer.or if,ufter nutice by L.endcr to Borrowcr tha[the condemnc�r offers to makc un
<br /> ,,.�-�� �. uw:u+d or setNc u cluim fi�r dumages. Bonntiver fuils to respond to I.ender within 30 dtrys after the date ths natice is�iven,
<br />`"�°��' '�� l.ender i�autharlcai to callect und upply the pnxecds,ut it�option.either ta re�torntion ar repuir of the Peopecty or to the sums
<br /> � secured by this Security Instn�ment,wt�ether ar nat ehen due. -
<br /> ° ;;,;,;.:.` U�less L.ender and Bonower utherwise agrce in wdtin�, any application of proceeds ta principal shall not extend or _
<br /> '•�;;7�. pustpone the due dnt�af the monthly payments referred to in parugraphs 1 urtd 2 or change the amount of sucl�paymentx.
<br /> �•:s� 11.Bocro�ver Not Released;Forbeurance By i.ender IVot u WaivFr. Extemtan of the time for payment ar mactif�cation
<br /> '-'^s�'� of an►ortizatian of the sums secured by this Security Iastrument gmnted by l.ender to any succFVSOr in interest of Borrov��r hhail
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<br /> „ ;.�=� noe opecate to release�he tiubility of the original Bonower or Borrower's successors in interest. Ixnder shall not be req�al to
<br /> -�°,;;+'� commence proccedings:�g�inst any successor in interest or mfuse to extend time for payment or otherwise n�odify arrwrtiuttton
<br />'�;::.�`.'�` af the snmx secured by this Security instrument by reason of any demand made by the original 8orrower or Borrower's
<br /> =-•- successors in interest. Any forbean�nce by Lender in exercising any ri�ht or temedy shall not be u waiver of or prtxlude the
<br />��f•=``_� exercise uf eny right or remedy.
<br />-��'..!"'�!� 12. Successors and A�csigns Bouted;Joint and Several Uabilityi Co-siRtters. Tiie covenanu und agreements of this
<br /> �=a��� Security Instrument shall bind und benefit the successors nnd assigns of i.ender and Borrower,subject to the pmvisinns of
<br /> - -.,�;,,.,� paragraph l7. Bonower's rnvenants and asreements shull be joint und severul. Any Horrower who rasigns this Serurity
<br /> _--;:�_-.� Instrument but dces nat execu�e iitr :'datz: ta} is co�ei;nta;Lh:..�Sec�!rity In�rument only to mott�a�e. Seunt tittd uonveY�hat ,
<br /> ��::;��uur;� Borrou•er's interest in the Propetty under thc terms of this Scuurity Insttument; (b)is not pernonally obligated to pay s�t3.sums
<br /> �;;;t<� secural by this Securit�Instniment;und(c)�$rees thut L.ender and any ather Borrower may agree to extend,madify.fc���aas or
<br /> make any acxommod:inons with regard to the terms of this Securiry Instrument ur the Note without that Borrower's rnr.sp;t.
<br /> �"�"" 13. Loun ChAr�rx. If thts loun secured by this Security Instrument is subject to u luw which sets mveimum lasn char�ea+.
<br /> •-'r���{�;� and thnt law is finaily�nterpr�ted so that the interest or othep luun charges milected or to be collected in oonnecaon with the
<br /> --- ----- loan exceed the permitted Iimlts.then: (u)nr►y such loan charge shall be reciuced by the amount necessaq•to raduce the charge
<br /> to the permitted limir end(b)any sums alrcady co{lected from Borrower whfch cxcceded permitted limits will be refunded to
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