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<br /> p,iymcnt,nr.iy no lun�!cr bc rcquired, ut tlic upiiun uf L�:ndcr,iF mortgagc insurunrc ruvcrugc(in thc a�naunt and for thc period • .
<br /> ° thnt I.cndcr rcyuires) providcd by.ui i�nurc�appmvcd t+y Lciidcr uguin hcrc�mes avniliiblc and is obtiiincd. Borrower shall pny ,��
<br /> the prctniums rcNuircd tu mainti�in ntortgagc insurtmce in cffect,ar to provide .�lu�s rescrve,until thc requircment fur mo�tgagc
<br /> �� inrurnncc cnds in nccurduncc�vith uny written ugrcciucnt hctwccn Horrowcr und I.�:ndcr or upplicablc lu�v. -
<br /> �� 9. lns�x�tlon. IxnJcr or its u�:c�u muy makc rci�sunublc cntrics upcm und impections ot' thc Property. LenJcr shiill givc
<br /> , � Hiurowcr notirc ut thc timc of ar prior to an inspectiun spcci fying rcusoni�blc cuusc tiu thc in,pertion.
<br /> 10. Condemnutlun. The prucecds of uny award c�r clufm for dumages, dircct i�r consequentiul, in comuction with uny
<br /> � ' " condemnution or udic�•tuking of uny pun uf the Praperty, or for conveyunce in licu of c�mdemniiti�m, urc hereby ussigned nnd
<br /> �� xhull bc paid to Lendcr.
<br /> In the cvcnt of a rotul tnking of the Property, tl�c procecds shull bc upplicd tn the sums serurcd hy this Securiry Instrument,
<br />� whether nr not then due, with any cxcess paid to Bonowcr. In thc event of u partiul taking uf thc Property in which the fair _�4
<br /> � markct value of thc Property immediutely before thc taking is equul to or grcater than the amount of the sums sccurcd by this
<br /> � Securit Instrument immediately befure the wking,unless Borrower und I.ender otherwise agree in writing. the sums secured by �•:'
<br /> r, y
<br /> ?. this Securiry Instrument shall be reduced by the aittaunt of the proceccis mulhpliui by the following fraction: (a) the tota
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<br /> ' amount of thc sums secured immediately before thc taking, dividui by (b) thc fair markct vulue af thc Property immediately �p
<br /> .. before the taking. Any balance shall be paid to Borrotver. ]n the event of u partiul tuking of thc Property in which the fair -
<br /> " • market valuc of thc Property immediately betore thc taking is less than thc umount of thc sums sccured immediately bcfore the _,
<br /> , .. " �aki►�g, unless Ltorrower and Lender other�vise ugrce in writing or unless applicuble luw otherwise provides, the proceeds shnll _
<br /> be upplied to the sums secured by this Security Instrument whether or not the sums are then due. �;.;°
<br /> �`�, If the Propcny is abundoned by Borrower, or if, after notice by LcnJer to Borrower that the condemnor offers to make an __
<br /> award or setde a claim for damages, Borrower fails ta respond to L.ender within 30 days after the date the notice is given, �._
<br />:-�-�'� ' +'� Lender is authorized to collect und apply the proceeds,at its option,either to restorutian or repair of the Property or to the sums _
<br /> • secured by this Security Instrument,whether or nat then due. '-
<br /> - ''� i�' Unless Lender and Borrower otherwise a�me in writing, any application of prucceds to principal shall not extend or
<br />`"-4: ` postpone the due date of the monthly paymen�s referred to in paragraphs 1 and Z or change the amount af such payments.
<br /> `::~.�< �:. 11. Borro�►•er Not Released;Forbearance By Lender Not u Wnlver. Hxtension of the time for payment or modificatian
<br /> "7��'-?'''. of amortization o(the sums secured by this Scturity Instruinent granted by Lender to any successor in interest of Borrower shall
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<br /> ; � not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be requir to
<br /> .. -ti - "��+�^V��`V a���.,.nb��b�ln�s�,�c��rrrcc�r in imere�t or reiuse to extend time for payment or otherwise modify amortiz�tion _
<br />``e{ `;��. of the sums secured by this Security Instrument by reason of any demand made by the originnl Borrower or Borrower's
<br /> "-�^."�'ti'�..; successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the
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<br /> �rw"'''s:4, exercise of any right or remedy.
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<br /> ;.;�}t,_ � 12. Succe�sors nnd AssJgns Bound; Joint and Several LiabiBty; Co-signers. 'Y'hc covenants and agreements of t ts
<br /> --"`�Y�=�' Security Instrument shall bind and benefit ihe successors and assigns of Lender and Borrower, subject to the provisions of
<br /> _--_=--= puragraph 17. Horrower's covenants and agreements shAU be joint and severat. Any Borrower who co-signs this Sec:urity _
<br /> — Instrument but dces not execute the Note: (a) is co-signing this Security Instrument only to mortgage,grant and convey that
<br /> "-��� Borrower's interest in the Property undcr che terms of this Security Instrument; (b) is not personally obligated to pay the sums
<br /> -__.� secured by this Security Instrumenr And(c)agrees that Lender and uny other Bonower may agree to extend,modify.forbear or
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