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<br /> pirynrnts may no longcr bc requir�:d, ut thc option of I.endcr, if mi�rc�ugc insuruncc c�rvcrugc(in the amnunt und for the period
<br /> , that Lcndcr rcyuires)providcd by un insurer upprovcd hy I.cndcr u�;ain becomcs uvuilublc imd is obtuined. Borrowcr shall pay
<br /> thc premiums rcquircd ta maintuin mortgugc insuruncc in cffcct, or to providc a lnsti rescrvc,until th�rcyuircment f�r mortsuge ,
<br /> insurance end�in uccordance with any written uFrecment between f3orro�ver and Lender or applie:able law.
<br /> . • •'�� 9. Inspectlon. Irndcr or its ugent may makc reusonablc entries upon und inspcctions nf thc Property. I..cnder �hall give
<br /> --���;y, Borrower nntice at the time of or prior to an inspection specifying reasonable cause f'or the inspection. '.
<br />�,��� 10. Condeme�atlon. The proceecis of uny uward or cluim foe damu�;es, direct or consequentiul, in connectinn with any ,
<br /> condemnution or other tnking of any part of the Propeny, or for wnveyanee in lieu of condemnatic�n,are hereby assi�ned suid .„1
<br /> ' shail bc paid to Lendcr. :��
<br /> �_ In the cvcnt of a tntal taking of the Property,thc procceds shall bc appli;d to the sums sccurcd by this Security Instrument, 4�•,��_
<br /> � whether or not then due, with any excess paid to Borrower. in the cvent of a partial tuking of thc Property in which the tair =_
<br /> mnrket valuc of thc Property immediately before the taking is equal to or greater than the amount of thc sums secured by ttiis �,,,
<br /> �• Security Instrument immeciiately before the tahins,unless Borrower and l.ender othenvise ugrec in writinfi,the sums secured by �_.�__
<br /> ,his Sec:urity Instrument shall be recluced by the umount of the proeeeds multiplied by the following fraction: (a) the total
<br /> . amount of the sums secured immediatcly before the taking, divided by(b)the fair market value of the Propeny immediately ��-F
<br /> � beforc the taking. Any balance shall be paid to Borrower. In the event of a paztial taking of the Property in which the f�ir -
<br /> - • market value uf tl�e Prop�rty immediatcly before the talcing is less than the amount of the sums securect immediately before the �._
<br />- taking, unless Borrower and Lender otherwise agree in writing or unless applicable law otherwise provides, the proceeds shall �,-.
<br /> . be npplied to thc sums secured by this Securiry Instrumcnt whether or not the sums are then duc. -
<br /> � If the Property is abandoneci by Borrower,or if, after notica by Lender to Borrower that the condemnor offers to make w�
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<br /> award or settic a claim for dumages, Horrower fails to respond to Lender within 30 days after thc date the notice is given.
<br /> ' ,,• I.ender is authorized to collect mid apply the proceeds, at its option, either to restoration or repair of the Property or to the sums �-
<br /> se;cured by this Security Instrument,whether or not then due.
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