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<br /> _— — p�yments may no lon�er be roquirod.at the option of Iender, it mo�tgage insurance coverage(in the amount And for the period
<br /> ttut Lender e+e�uira)provided By nn lnsu�r approved by Lender again becomes aveilable and is obtained. 8arrower shall pay
<br /> , the pr�emiuma�quired to maintaln montgoge lnsurarr.e in tffect,or to provide a loss rescrvc,until thc requirement for mort�aga
<br /> iawranoe ends in aa;orduicx with any written agreement between Borrower and Lender or applicable law.
<br /> - -- 9. le�pecfloe. Lender or its agent may make r�ensonable entdes upon and inspoctions of the Property.Lender ehall give
<br /> - I Borrawer notice at the time of or prior to an inspection spxifying rea�nable cause for the inspection. �
<br /> �'"' 10. Condemn�doa� The proceeds of eny awud or cl4im for damages,direct or conse.quential. in connecticxi wlth any �
<br /> • � � ' condemnallon or other t�cing of any paR of the Property.or for cunvayance in lieu of condemnation, are hereby assi�nod And
<br /> thall be paid to Lender.
<br /> � In the event of a tou�l taking of the Property,tha proceeds shall be applied to the sums secured by this Secudty Instrument, -
<br /> `���� ahether or not then due,wlth any excess paid to Borrower. In the event of a partial taking of the Property in which the feir
<br /> _:�:�..�;..n, .. msrket velue of the Property immediately before t6e t�lcing iR equal to or gre�ater than the amount of the sums secured by this
<br /> _ ��''��'�`"""�:.`� Security Inatrument immodiatcly before the taking.unless Bormwer and Lender otherwise agree in wdting,the sums secured by
<br /> _�„a��`.r;,�y� this Securlty Instcument ehall be reduced by the amount of 1he praceods multiplied by �he following fraction: (a) the total
<br /> �"°�_'�=_-�-�;� amount of the sume secured immediately before the teki�g,dividod by (b) the fair merket value of the Properiy Immediwely
<br /> �r.-,�;�-;,� before the taking. My balance shall be paid to Porrower. In the event of a partial taking of the Property in wbich the fair
<br />_ � market value of the PropeRy immediately before the taQing is less than the amount of the sums secured immedietcly befo�e the
<br /> --- - taking. uales�Bocruwer�xl I.erder�ihercvise agr�,e in wdting or unless applicable law otherwise provides.the praceeds sholl
<br /> -- ` � q;,;;.,;•,�;- , be�pplie�d to the sums socurei!by this Securlty Insit�ument whether or not the sums arc thcn duc. -
<br /> ---��"'� If the Property is abondoned by Borrower,or if. oRer notice by Lender to Borrower that the condemnor offe�to make an
<br /> ����:.� .
<br /> �,;;_ � ,�7��':° �� ' �K:.�;; awaod or settle a claim for domages, Borrower fails ro respond to i.ender within 30 days after the date the notia ia given,
<br /> r��� ,;• „ "�. �. ,� I.ender is authorfzed to collect and apply the praceeds,at its option.either to restoration or repair of thc Property or to the cums -
<br /> -` '�k����•�`��:r.�:Y;':�.:�' eerurod by thia Secur�ty Instmment. whether or not then due.
<br /> " • � �� �,� r. .: Unless Lender aad Borrower otherwise agree in writing, any app8cation of proceeds to p�incipal shell not extend or —
<br /> _�.�^'.' _
<br /> -_;=�,�,�, .'. postpone the due date of the monthly payments refercrd to in paragraphs 1 and 2 or chenge the amount of such payments.
<br /> 11.Barrower NM ReleACed;ForbearAnce By Lender Not a Wsdver.Bxtension of the time for payment or modific�tion
<br /> `�� :'. �,4. ; ! . of amorti�ation of the sums secured by ihis Securlty Instrument grantod by Lender to any succesaor in interest of Bortower shall
<br /> �a ,,,.�. ,. ;, ���'� not operate to release the liability of the original Borrower or Borrower's successo�s in interest. Lender shall not be required to
<br /> °��.�,�_:'�;.;��;.:�„��._ commence pcoceedings s�ainst any suceessor in inteneu or retLse to extend time for payment or othervvise modify amortizadon
<br /> = of tl�c sums ucuscd by this �ccurity S�sstrumcnt by rcason of any dens�d m:de by !he origina! Borrou�er or 9ormsYer s
<br /> _ ��Y'�T�' ' ' ° sucassors in interest Any forbearance by L.ender in exercising any rlght or nemedy shall not be a waiver of or preclude the
<br /> exercise of any right or re�nedy.
<br />.. ��*�'�'�"" �" °' 12. Suacessor� And Assi�� Bound; Jolnt and Several Llabillty; Co-sigaere. The covenants and egree�knts of this
<br /> , . �;;: Secudty Inet�nt shall bind and benefit the successors and assigns of l.ender wnd Borrower. subject to the provisions of
<br /> — paragraph 17. HoROwer's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security
<br /> '`°' � `�:�w n •� Instrument but does not execute the Note: (a) is ca-signing this Secudty Instrument only to mortgage.grant and convey that
<br /> -;;` ' .� Borrower's interest in t6e Property under thc terms of this Securiry Instrument; (b)is not personally obligated to pay the sums
<br /> , • ,�� ' _,� secured by this Security Instmment;and(c)agrees�hat C.ender and nny other Barcower may egree to extend.modiry,forbrar or
<br />--_ � . � � nwke any accommadations with regard to the terms of this Secudty Instn�ment or the Note without that Borrower's consent.
<br /> '�'-"��"" 13.Loan CiwrKra�.U�lie lo�n acx:unxl by tl�ib Scx:u►ity InaUun�n�is subjwt tu a law which scts maximum la�n chargcs,
<br /> - - -•,------ .
<br /> .,,.�� . and that law is finully interpreted so that Ihe interest or othe�loan charges collected or to be collected in wnnaction with the
<br /> ' '=�`"`-' `' R ='' loan exceed the pertriitted limits,then: (a)any such loan cherge shall be reduced by the amount nec,.�ssary to reduce the charge
<br /> � �'��' to the pennitted limit; and (b) uny sums already collected from Borrower which exceeded pernutted limits will be refunded to =
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<br /> � , . Borrower. [.ender may choose to make this refund by reducing the principal owed under the Note or by malcing a direct _
<br /> - �r', � �:�`�� payment to Borrower. If a refund reduces principal, the reductiun will be treated as a parti�l pnepayment without any
<br /> pnepayment charge under the Note.
<br />=, � � "• 14.Notices. Any notice to Borrower provided for in�his Security Insttument shall be given by delivering it or by malling =
<br /> �.a it by first class mail unless applicable luw requires use of another method.'fhe notice sha�l be directed to the Property Address
<br /> • -• • or any other address Borrower designates by notice to [.ende�. Any notice to Lender shall be given by first cl�.ss mail to
<br />= '�•l�r, � Lender's addness stated herein or any other address Lender designatcs by notice to Borrower. Any notice providod for in thit
<br /> _�r ° " � , Securfty Instrument shall be dcemed to have been given to Borrower or Lender when given ns provided in this paragcs►ph.
<br /> .``j� 15. Governing I.aw; Severability. This Sccurity Instrument shall be governed by fedaral law and 1he law of the
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<br /> , r�g�r.� • jurisdiction in which the Property is located. [n the event that any provision or cluuse of this 5ecurity Instroment or the Note
<br /> ' " " conflicts with applicable law,such conflict shall not affect other provisions of this Security Instrumen�or the Note which can be
<br /> • " gi+en effect without the conflicting provision.To this end the provisions of this Security Insaument and the Nde ue declrrod
<br /> . to be severable.
<br />, • � " 16.Borrower's Copy.Bornower shall be given one cont'om�ed copy of the Note and of this Security Instrument. -
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