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<br /> �� ,. .. If Laider required mort�e insaance�s a condition of m�kin�thc Ic»n secund by Ihii Secutity ln�tevment, �r'Y- �
<br /> , . ., , Bonower shdi pay�he prcmiums requirod to maintain the insunincc in eflcct umil such lim��s thc�equinment for the �`- __
<br /> infuranee termieata in accordsnca with Borrower's and l.ender's wntten a��ament or�pplicable I�w. "'="- ��----�—
<br /> ' ' !, lupectla. Lender or its�Rent m�y make rcawnable mtria upon and inspectians af the Property. I.endet "L�`'".--
<br /> • :� , shall�ive Borrawer natice at the time of or prior to en inspectiun specifying rason�ble au�e for the inspection. ���=-__ ______ __
<br /> . 9. Co�da�wNa�. The procads af any�wud or claim Por damaga,diroct or con�equential,in con�ectian with !�� ===-�""`'��"'ffi�`"'•__
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<br /> '' � �ny candemn�tion or other akioR oi�ny pwn of the Property,or for convey�nce in lieu of condemnstion,ue he�+eby ._ • .-
<br />,. . . , assiQnad�nd shall be paid to Lender. ��:�`• _
<br /> , In the evrnt of a totd t�king of the Property,the proceeds shall be applied to the sums aecured by this Security ';'�µ=�.."'�'
<br /> � lns�rumeot,ahether or not then due,with any excas paid to Borrower.In thc event of a putul takinQ of the Property� ' .�':'� • •°� ,
<br /> • ' unlas HoRO�er and Lender otherwice a�ree in�ra�itia�.tl�e sums se�ured by this Security Instrummt sfull be reduood by ' .
<br /> �. •• •�� � • the unount af the proceeds multipliod b�r tF�e fioACowia�Practiar(a)tde totAl amount of the:ums securod imtrtediate0y
<br /> , bd'orc tbe Wting.dividod by(b)tha iair nuurket valo�e o��b►e PropertY immed�ately before the ulcin�.Any bal�nce�hall be '�,,,. �;xw..�"r=�.�..: .
<br /> paid to Borrower.
<br /> If tl�e Property is abandoned bp Horro.rer.cx if.�iler aouce by Lxnder to Borrower ihRt the condemnar offers to '�-:�:A,-�::;;-�.�;•c?:�;:• .�
<br /> mske an award or settle a claim ier da�tetases.Aorri*w^er fails to respond to Lender wi�hin 30 d�ys aller the date the nwia is ��� -� � ., .
<br /> '' �iven.Lender is�ut6oniud to cdlect snd apply tlie�oc�ods.�t its option.eie�er to rcstoration or repair oP tAe Pnopeny ot �4�`� ^,.�---.,�
<br /> ods. --
<br /> . � to the suma securod by this Sxurity lnstrument.v�Ree�.her or not then due. '�' .���,
<br /> Unkss Ltrtaer snd Borrmwer othenviae�tee in writing,sny applirat;on oPproceeds to p�incips�l sh�l)not extend or � • - --
<br /> � postpc�ne t6�e due date c+i the tnanthllr paymmts refetred to in g�aragraphs I and 2 or change the amouot oP such payments. � - �:.,
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<br /> 1Q. Borrawer Nat [�dea�$Forban�ce By I.eq�t�v Not• W�iver. Extmsion of�he time for paymeat or � �f�
<br /> � '��: modifiaitioo of amvr�uuaaian oP t�e sums secured by this Securiry lnstrument grantod by Lender to�ny succxuiar in ` , _ _
<br /> ' lntercst of Horrowrr s�hpll not opetale to release tQ�e 3�bility of the original Borrower or Horrower'i successors in interat. E --__
<br /> ` I.ender shaU not be requirod to cammence�aoc�ding�sgainst any succasor in imerest or refuse to extend time for �° �'_g,F��,
<br /> paynsent or otlierwiite modify Amoraar,�tion oP thQ suras securcd by this Security Inatrument by reswn of any demAnd made � ___-
<br /> er
<br /> by the original Honower or Horra�e.r's successon in interat.Any Porba�ance by l.ender in exercising any riQht or remedy .
<br /> shall not be a w�irer of or preclude¢�he eaercise of any right or remedy. � --
<br /> • •': 11. Succes�ors wd A�ti�a Aou�d;Joi�t�od Se�enl WabUityi Ca�pers. The covenant�and agreements of .�
<br /> ! .. ; this Security lnstrummt�hall bind and brne6t the successon and assigns oP I.ender a�d Borrower,subjoct to the pwvisions �; �+ ��
<br /> ,'-' of p�rsgraph 17.Borrower's covenants and�greanenu shall be'oint and sevenl.An Borrower who ca:i s this Securit ' ����.
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<br /> , — - lau�ay�nt but dc�not eaeeute the Note:(a)is casi�tning thi9 Security Instrument only to mortg�ge,grant and con�ry � ,�� ;';�,;;.�°
<br /> . '!'s.;;,. that Borzawer's interest in the Property under the terms of this S�aurity In:ttument;(b)is not personally obligateci ta���y F � �:;�� ;:<<r.t;�,
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