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<br /> payments may rto tonger be required,at the option of Lender,if mortgage insurance coverage�in the amount and for the period
<br /> that Lender requiresy provided by an insurer approved by i.ender again becomes availabte and is obtained. Snrroa�ii shall pay �'
<br /> the premiums required to maintain mortgage insurance in effect,or ro pmvide a loss reserve,uniil the requirement for mortgage �
<br /> insurance ends in accordance with any�vritten agr�azment between Borrawer and Lender or applicable law. ��`�..
<br /> 9, laspectfoa. Lender or iu agent may malce reasonable entries upon and inspections af the Properry. Lender shall give
<br /> - Borrower notix at ihe time of or prior to an inspection specifying reasonable cause for the inspection. �',_�
<br /> 10. CondemnatFon.The proceeds of any award or claim for damages. direct ar consequential, in cacutection with any ,._
<br /> condemnation or other taking of any part of the Progerty. or for wnveyance in lieu of condemnation, are hereby absigted aad ��_
<br /> shall be paid to Lettder. �""
<br />. In the event of a total tatang of the Property,t�e pmceeds�h211 be applied to the sums secured by[his Securiiy Insa�.;ren� -
<br /> L whether�:��!then due, with any ezcess paid ta i.e3rewer. te�i�event of a partial taking of the Pmgerty in wt+?�- •�z fair
<br /> markea r�.'µe c€the Prr�?�xty immediiztei��tefece�1�.:�s� i�a:S::L.-o er��thaa ihe amount of eLe s:.::w�;.:.:.,:��1�i�
<br /> �.�� S�cy€-+aL•.�-^e:.t im_�=�ately br€o�e��:ity__ 1�.'�5 t3�;rec�.:w��i:�a:�•:v�erwise agree in writ��*g.��s.�:��,::�ec'W}
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<br /> �..,, :=s��ces�- Insvument shall be reduoe: C� c+-,� �Ttuet .r-,f�iv �_t-�c�tis �tiLyli.d by tfte followirta �,�.-�:�: ta) t:►�•to�l r==-
<br />�;_,,��! u�n;utt e'.:the sums secured immed'e�te�y befare=.ce taking.3i::�i by (by �e fair mark�t value of the Property ia�iately
<br /> before tae talang. Any balance shaU be paid tfl rorrower_ In the event of a partial ra�'�of the Property in which the fair �`'.-
<br /> :.�,5} market value of the Praperty immediately before the taking is less than the amount of the sums secured immediately befon the -�• __
<br /> " ' taking, ualess Borrawer and Ixnder otherwise agree in wriring or unless applicable law othenvise nrovides, tt:e proueeds sha11
<br /> `�� be a lied to the sums secure�d b this Securi Insuument wheu�er or not the sums are then due. r'�Y
<br /> PP Y tY �_ _•
<br /> ` If the Property is abandoned by Borrower,or if,after notice by Lender to Borrower that the cflndemm�r offers to make an �-
<br />; r award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is �iven. -
<br /> � Lender is authorized to collect and apply the praceeds,at its uption.Qitlier to restorauon or repair of the Properry ar t�the sams
<br /> : ` secured by tbis Security Instrurreent,whether or not then dne. .
<br /> � Unl�ss Lender and Borrower otherwise agree in writi�g, uny application of pracceds to principal shall not extend or _.
<br /> . . pustpons the due d�te uf the monthly paymenu referred to in para�rephs I and 2 or change the nmount of such payments. -��
<br /> : 11.Bon+nwer Not Relc�aseA;Forbearaace By I.ender Not a Waiver.Eatension of[he time for paymcnt or mndifcation i -
<br /> � ` of amortiiation of the sums secured by this Securiry Instrument�ranted by Lender to any successor ia intsres4 of Borrower shall r==_.
<br /> �:�+• not operata to release the liability of the original Horrower or Borrower's successors in inrerest. I.ender shall not be required to _
<br /> ,.,� commence proceedings against sury successor in inter�st or refuse to extend time for payment or otherwise modify amorazation �•
<br /> � of the sums sectued by this Security Instrument by reason of any demand made by the original Borrower or Borrower's
<br /> �-. E' successors in interest. My for6eazance by I.ender in eaercising any right or remedy shall not be a waiver of or prectade the �
<br /> `�' exercise of any right or remedy.
<br /> �'����` 1Z. Shccessors and A�� Bonnd;Joln2 and Several a.tability; Co-sl�nners.The covenants and agreerrcents of this
<br /> a.�
<br /> Security insuument shaU bind and benefit the successors and assigns of L.ender and Earnnwer, subject to the provis:as.s of =
<br /> paragr2p'a 17. Borrower's covenants and agre.�menu shall be juint and sEVeral. Any Eorrower who ca-signs tivs Se�rity
<br /> Instrument but does not eaecute the Note: (a)is co-signing this Security Instrument oniy to mongage. grant and co�cey ehat
<br /> Borrower's interest in the Property under the terms of this S�,vrity Instrument;(b)is no2 p�sonaliy obli„n�ai to pay ttte sems =
<br /> ��
<br /> . secared by this Se�ritg•�nsuument:and(c)agrees thae Lender artd any other Borrower may ag,ze to extea3,,..odify,forbear or
<br />� asake aay zccommadaticzs wirh reg�sd to the terms of this Securia��instrument or the Note ar�ci:out that Borrower's cc:rs.nt.
<br /> . 13.Bran C�.2s�.Ii the losn.=.�red by this Securisy In�'cnrnem is subject to a law��ich sets maximum toan,d*�=g�s. �
<br /> ` and that law is finally ir.�r:zed s��Yhat the interest or other t�ca:ei charges collected or to tre collected in co�ectia;�;�:�ihe
<br /> ' loan eaceed the peaucm�:.�limits.then:(a)any such loan charge s:�.a1J be reduced by the amount necessary to reduce the c�arge
<br /> �E�'� to the pertnitted 1i��7:and(b)any sums already collected from P�orrower which exce.eded permitted limits will be refur�led to �=�
<br /> BorroticcT. i.ender may choose to make this refured by re�tuciro the principal owecl under the Note or by malsing a �sect �-
<br /> paymcre�t t�; Borrower. If a refund redar,es principal, the raiu.xion will be treated as a partial prepayment wiG'�;: any
<br /> � pre�:sy�°�t charge under the Note.
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