94102428 - Laserfiche WebLink

Browse

� � , � — _ �� . ----- -------- � . .._. _. .. .. ..------ — — �1 ` ,�.^� . � . � _ , � . i ... .... � . . .,�_...._........ - a� '.�•, �. ' -.n,-- , payments may no longcr be required,at thc aption of l.ender, if mon�age insurtincc covcrage(Rft�ama�unOt AndTdTAt�period , _ � that I.ender requires)pmvided by un insurer upproved by I..ender oguin becames available and i�obtained. aorrower shall pay the premiums required to muintuin mortgage insurance in eft'ert,c>r to pnwide u loss rescrvr,until thc requirement for mortgase = insuranre end�in uccordAnce with any written ogreement between&�rruwer end L.ender ar applicuble luw. 9. Inspection. l.ender or its agent may makc rcaxonuble cntries upcsn and inspcetions nf the Property. Lender�hali�tve &�rrower ninice at the time of or prtor to un inspection specifying reascmable cause for the impection. , •• 10. Cundemnation. The proceeds of any uward nr claim far dama�es, direct ar consequentiul, in connecttan wlth any .. • � candemnution��r nther tuking of uny part nf the PropeRy,ar far canveyunce in lieu of candemnution, are hereby ar•si�ned and . " �• r-- IshuU bc puid to L.cndcr. „ � , In the event of u total tukin�af the Prnpeny,the prcicceds shuil be appfled ta the sums secureci hy this Security lnstrument. � i whether ur not then duc, with uny cxcess paid to BoROwcr. In the evcnt af u partiul tnking af the Property in which the fair •,''' i mnrket vuluc of the Property immediately beFore the taking is equnl ta or greuter thun the amount of the sums secured by this • �' Security lnstrument immediately before the taking, unletis &�rrower und Lender c�therwise agree in writing, the sums secured by y � ,,_ � this Security In,trunxnt shall be reduced by the amount of the proceeds multiplied by the following fruction: (a) the total • '�`�ra � amount af the sumti secured immediutely before thc taking, divided by(b)the fuir murket value af the Praperty immediately ��.� i befare the tuking. Any balance shall be paid to Borrower. In the event of a purtiul taking of the Property in which the fuir . '{�, ' market value of the Property immediately before the takiag is less than thc nmount af the sums secured immediatcly before the ,.�� taking, unless Borrower und Lender otherwise agree in writing or unless applicable law otherwise pravides,the proceeds shall , .� be applied to the sums secured by this Security Tnstrument whether ar not thc sums are then due. . , � If the Property is abandoned by Borrawer,or if,after notice by L.ender to Borrower thut the condemnor offers to make an • :�'� ;.� award or settic a ciaim fnr damaRes, Horrawer fails to respond to Lender within 30 dnys after the date the notice is given, ,, . u : .:.i��'. � I..ender is authorized to collect and upply the proceeds,at its optian,either ta restoration or repair of the Yroperty or ta the sums --. .r-` ,;� serured by this Securiry Cnctrument,whcther or not then due. ° � ��.�._ Unless l.ender und Barrower otherwiae agree in writing, nny application af proceeds ta principal shall not extend ar '�. '�]�` potitpone the due datc of the monthly payments refcrred to in puragraphs I and 2 or change the amount of such p$yments. ��.��