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<br /> ' pny nmoants disbwsed by Lender under thia paragraph 7 shall become addidonal debt of Borrower secured by this f'__:
<br /> o , Secudty Inswmen�Unlesa Bormwer und Lend�r agree to other terms of paymen�th�e umounta shall F�enr interest from the _
<br /> - "�- date of Glsbursement nt tke IVoie nate ared s1►ai1 b:.payable,�dth interest,u}�on notice +from i.ender to Bohower m�esting �_
<br /> 't paymen� -
<br /> � �� 8. 11�Sort�a�e Insummce. If 1-ender required moct�age tnaurance as a condidon of makUe�the loan secuned by thi� • `_
<br /> f"'� Secudty Insuument, Bonower shall pay the premiums required to maintain tiee mortgage inaurance in effect.If.for any
<br /> �_-_'-_��- ��� reuson,the mortgage insucance coverege required by Lender lapses or ceases to be in effect,Borrower shall pay the�rremtums __
<br /> � , s �equired to obwin coverage substantially equivalent ta the mortga�e �nsurnisce previauslY in effect,at a cost aubstantIaUy _
<br /> � equivalent to the cost co Borrower of the mortgage lasurauce previously in effect, from an altemnte raortgage insure�
<br /> ..° ��_�= app�Oyed by Lender If substeatialiy equivalent mortga$e Insurdnce coverage is not available.Borrower shall pay to Lender `
<br /> .. � ,
<br /> �.. each month a sum equul to ono-twelfth of the yearly mortgage insucat►ce premium be�ng paid by Bomnwer wh$n the ! -
<br /> , iasucanee caverage lapsed or ceased to be in effec�Lender aill aceept,use and rete�n these payments as a loss reserve in Ueu
<br /> . of mortga�e insivance.Lass r�eserve paymer►ts may no longer be requic�ed.at the optlon of I.ender.if mortgage iasuiance 1
<br />. coverage(In the amount end for the period that Lender mquines)pm�ided by an insw�er appmved by Lender again becomes •
<br /> � � available and is obtaiaed.Botrower shall pay the premiums re9trired to meintai�►mongage�neuiaBCe iu effect,or to provtde a �
<br /> loss resecve.until the roqu:�ment for inortgage lnsuraace ends in accordance wlih any wriaen apeement between Bormwer � .-
<br />- ,;'�';; �, aad Lender or agpllc�:e taw.
<br /> g Fu�s�ect�on. Lender or iss agent may make crasonab18 enMes upon and inspecdons of Yhe Property.Lender ahall
<br />,. �.r•. give Bomosrer notice a3�he time of or prior to an inspecdon specifyin�r�asonable cause for the ins�ecaon
<br /> " " 10. Coademnsi�i�n. 11�e pr�oceeds of any award or claim for damages.direct or conse�eEn6al,in connection w[th
<br /> -,•,;+,;,: � any condemnatioa or oi�izr takin8 of any part of the Property,or for conveyanco in lieu of condemnadon,are hereby esaig►ed
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<br /> and shall be paid W Lender. �`
<br /> In the event of a total tak�ag of the Property, We proceed5 shall be applied to.the sums secured by tlns Security
<br /> ...'�`i Instrument,whether or not then due,wiW any excess paid to Borrower.In the event of a paitial taking of the Pcoperiy in
<br />'-°�`;l-�:;i°" which the fair ma�icet value of the Pmperty immediately before the taldi►g is equal to or greater thau the amount of the swns
<br />-=-= secured by this Security Insauaaent jmmediately before the taking,unless Bomower and Lender othe:wlse ag�ee in wrldng,
<br /> -•�v,�-_�� r f�he� nmceeds lIed b the followin� -
<br /> ;.=„'t�.�
<br /> ihe sums seCUred by tttis S�uriry InsQUnicui shatt�:rc�lttctd ts�i4s�s� �_ m�P Y -
<br />-ryA;`,�_� fracfiom:{aa the totai amount of tlhe sums secured iwmediately before the takio$,divided by N)ttie fair maiket value of the�
<br /> —___ pi,operty a�uanediateiy before the talcing. Any balar►ce gha11 be paid w Bomower.In the event of a pa�tial taking of the,
<br />"`."„'�`...�� p�,opeiiy i�wtuch the fair macket value of the Propezty immediately before tlis taldn�Is less than the amount o8 the sums, . '•
<br /> _o a;� secured immed3ately befoi+e the ta�ting,unless Borrower and Leader othetwise agee in writing or unless applicable luw'
<br /> - oihecwise prnvldes,ths pruceeds shall be applied to the smms secuned by thls Security Insnunaent whetP�er or not ttn�sums are
<br /> � :�""� then due.
<br /> =��'�� If the prnperty is abandaned by Boaxower,or i�after notice by I.ender to BoTrower tbat the wndemnor offeIIS to make
<br /> -'`''°"'4�'`� an award to settie a claim for damages.Borro�a'er fails to respond to L.ender within 30 days after the date tl:e notice is given, _
<br />„�_,_� .
<br /> _�,:�:�� Leader Is nuthoiized to coltect and apply the pmceeds,si its opdon,either w reswration or repair of the Propelty or to the Y
<br /> ,-;;���� �secu�d by this 5ec�rity Instrument,whether or not then due.
<br />_....,�.�� Unless Lender and Bomuwer oWeTwise agee in writing,anY$PPlication of proc�eds w priacipal shall not axtend or
<br />---�-°°� postpo�+e�3se d�ee date of the montlily payments mfeued to in pata�raPhs 1 and 2 or change tha amovnt of such payments.
<br /> �°""�';'� 11 �rrower Not Reles�eel; Fosbearanc�By I.euder Nat a 9i►aiver.Bxtension of tho tiu�e for paym�ent ar, :
<br /> _ -_--- - �odifzc�tinn of aanottizadon of the sums seauued bY this Sec�nrity Iasuument granted by Lender to any succe.ssor in inta+esC
<br /> __ of BonoYV.ar shaU not operate to retease the liability of the original Bo:rower or,Bormwe.�s successfl�s in tnteres�Lender
<br />- - ---- shaIl nrst ib�requirod to eammsnce pmceedings a8t�nst siny s�coessor in intere�¢or refuse to extrad time far�saaymwt or
<br /> ��n;� otherwise modify a�nort3zatIan of the sUms secured by this Security Instrument by nasan o�apy demaad lnade by We
<br />�.i:�.m`'`� ea;ginal Bomowe.r or Bonnwei's succ�ssms in intenst Aay foibearance by I.ender in exezcisiceg any right or rer�y shall
<br />� '°"°'T�T� notbe a waiver of or preclude die exerciss of any right or remedy. �, �e covenants and nta of this
<br /> 12. Suc«ssors amfl Asst�Bonnd;Joint and sevua!i3abfltt,vt Co��ne ei�
<br />__-� ����t�p��d bene5�tha successflrs and assigas of I.ender aad Bonower.subject to tha pravIsions of
<br />-��-�'� p�aph 17.Boirowds tovenants and a�ceements sha11 be joinYead several.Any Bomnwer�vho co-signs tl�is Sec�uity -
<br /> - �-�°°�---��� Ins��ment but does not execuu t6e Nate:(a)is eo-sigai»8 this Sc�ri�Y Instrument only w mo�age,g�ant and convey tluii
<br /> _--'�'°�"°:� Botraae�s inteiest ia the Property under the tenms of t6is Sec�uitY Insuwaen�(b)is not personally obligated to pay tho snms
<br /> =�_.::. a
<br /> _ - -y=�„ secured dy this S�it�,lnspumen�and(a)a�es thai L�nder and any other Baimwer raay agree co eatend.mo�idy�focbear
<br /> ��.�`:'.�s�...`�' or maloe a�► aecommodations wIth regaTd to the te:ms of Wis Security Instrnment or the Hote wIthout tLat Bon�nwe�s =.
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