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<br />`•z��.�` �i` a ments ma no lon er bc uired. at the o tion af L.endtr.if mort a e insurance covera e(in thc umaunt and far the riod
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<br /> '�'� � � that I.ender requires)providcd by un in�urer approvod by L.ender aguin becomes availabte and is obtaincd. Borcawer shult pay
<br />-=--"°�-�_`:� the preniiums required to maintain mort�agc Insurunce in effect.or to pravide a loss rescrve,until the requirement for mortgage
<br />"�TR�'.`" �'�` lnsumnce ends in accordance with any written agreement between Barcawer und (.endcr or upplicuble law.
<br /> -���"s'�'�;�� 9.lnspectlon.i.ender or its agent may make reasonable entriea uEwn wzd ins}�:tions af the Property.Lcndcr shatt glve �-
<br />-�� Borrower not�ce at the dme af ar pdar to an Inspecit�n specifying masanable cause for the inspection.
<br />;->� 10. Condertsnation. The praceeds of any awnrd ur cluim far damu�es, direct ur consequentiat, in connectton with any
<br /> condem�ation or other wking of uny part of the Praperty,ar for conveyance in lieu af condemnation.are hereby assi�ned and
<br /> " 'a��'�l�% ahall be paid ta i..ender.
<br /> �-��n+�+ In the event of u to�el tekin�of the Property,the proceeds shall be applied to the sums secured by this Secudty Instnrment,
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<br /> �;.w��� whether or not then due,with any excess paid ta Borrowcr. in thc event of a partiul wking of the Property in which the fair
<br />'=�"�="E:: market value of the Pro immediatel before thc takin is usl to or reater than the amount of the sums secured b thfs
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<br /> -��,�;�� Secudty Instrument imnxcliately before the taking, unless Borrower and Lender otherwise Agree in writing. the sums secu�ed by
<br /> •����7-��a this Securtty Instrument shall be reduced by the amount of the procceds multiplied by the following fractton: (a) the total
<br />�-:s=•"��'�� amount of the sums secured immedfatel before the takIn divided by(b)the falr market v�lue of the Property immedIstely
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<br />�°�R�� before the teking. Any balance shall be paid to Borrower. In the event of a partial tuking of the Property in whlch the fair
<br />__=��i� market valuc of the Property immediately beforc thc taking is less than the amount of the sums secured imme�iately before the
<br />_'`a�,,;i;6�,,� takin�.unless Barrow�r and l.ender otherwise a$ree tn writing or untess applicable !aw atherwise provides,the proceeds ahaU
<br /> - _ �--� be appiieJ tu d�e su7ns sccur,d by this Security Instrument whether or not the sums are then due. .
<br /> .w;�,~�� If the Property is abandoned by Horrower.or if,after notice by Lender ta Borrower that the candemnor offers to make an
<br /> award or settle a claim for damages. Borrower fails to respond to L.ender wlthin 30 duys after the date the notice is given.
<br /> -_�;:�;^� Lender is autharized to coltect and upply the proceeds,ut its aption,either to restaratian or repair of the Property or to the sums
<br /> -- -- secured by this Security Instrument,whether or rtot then due.
<br /> -::..�,�.. Unleas Lender und Borrower otherwtse agrec In writing. any application of proceeds to principal shall nut extend or
<br />- ___ ! postpone the due date af the monthly payments referred to in paragraphs I and 2 or chenge the amount of such payments.
<br /> ��:�.. 11.Borrower Not Iteleased;Forbearartce By I.eader Nat a Waiver.Extension of the time for payment or modificution
<br />"-- of amartization of the sums secured by this Security Instrument granted by l.ender to any successar in interest of Borrower ahall
<br /> —=— not operate to release the liabiUty of the original8orrower or Borrower's successors in interest. L.ender shail not be required to
<br /> _�.___ commence pmceedings against any successor in interest or refuse to extend time for payment or otherwiso modity amottizatton '
<br /> y of the sums secured by this Security Instrument by re�son of any demand made by the odgtnal Barrower or Bomuwer's
<br /> successars In interest. Any forbearance by i,ender in exeretsing any dght or remedy shall not be a waiver of or preclude the
<br /> - = exercise of any right or rcmedy.
<br /> 12. Suoceaso�s and Asstgns i3ound;Jotnt and Several Ltability; Caslgners. The covenants and a�reements of this
<br /> Securiry Iastrument shdl bind and beneflt the successors and assigos of Lender and Borrower, subject to the proviaions of
<br /> paragreph 17. Borrower's covenants and agrecments shall be joint and saverat. Any Borrower who co-signs this Securlty
<br /> - Instrument but daes not execute the Note: (a) is casigning this Secudty Instevment only to mortga$e,grant and convey that
<br /> - Bonower's{ntcrest in the Properry under the terms of this Securlty Instrument: (b) is not personally obitgated to pay the sums
<br /> _ securod by this Security Instrumenr and(c)agrees thut Lender and any other Borrower may agree to extend.modify,forbeax or
<br /> make any accommodations with regard to the terms of this Security Tnstrument or the Note without ihat Borrower's conxent.
<br /> 13.�an Charges�If the loan secured by this Security Instrument is subject to a law which sets maximum toan char�es.
<br /> nnd that luw is finally interpreted so that the interest ar other loan churges wllected ar to be collected in co�ectian wlth the
<br /> loan exceed the permittcd limits.then:(u)uny such loan charge shatl be reduced by the amount necessary to reduce the charge
<br /> to the permitted limit: end (b) uny sums already�rollected fram Borrowar which excceded permitted limits will be refLnded to
<br /> Borrower. Lender may choose to make this refund by reducing the priacipai owed under the N'ote ar by making e direct
<br /> payment to Borrower. 1f a refund reduces principal, the reduction will be trcuted as a partial prepayment without any
<br /> prepayment charge ander the Note.
<br /> 14.Notices. Any natice to Aorrowcr provided for in this Security Instrument shall be given by delivering!t or by maIling
<br /> � it by first cluss muil unkss applicable law res�uires use of nnother method. The notice shali be dimrted to the Property Address
<br /> - = or any other address Borrower designutes by notice to Lender. Any notice to I.ender shall be given by first class mail to `
<br /> — Lender's address stnted hemin or any other address L.ender designates by notice to Borrower. Any notice provided for in thls
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