97101805 - Laserfiche WebLink

Browse

. . . , . .. .. ._ � . . . .� . ... .. . . , , . . . _ . . . ..a. . . � --- � . � _ � � 9�� g��5 . . � -�:. • payments may no loager be requtred,at the optioa of i..eader,if mortgage insurance coverage(ia the ainount and for the period � `,.� I` �� - that i.ender requires)provided by an insurer approved by Lender again becomes availabie and is obtained. Borrower shall pay � , � [he pmmiums requirc�to maintain mortg�ge insurance in effect.or to provide a loss reserve,until the requirement for mortgage ��": — � insurauce ends in accordance with any writtea agreement betwexa Borrower and Lender or applirable law. < ` �,� � 9.Ins�fnn. Lender or its agent may make reaso�able entries upon and inspecUions of the Pro�rry. Lender shall �ive �{ Borrower notice ai the time of or prior to an inspection specifying reasonabl�cause for the inspection. ,, . . _ 10. Condemuation. The proceeds of any award or claim for damages,direct or consequential, in connection with any , : � � condemnation or other taking of any part of the Property,or for conveyance in lieu of condemnation,are hereby assigned and . , • _ shall be paid w Lender. - . � In the event of a total talring of the Property,the proceeds shall be applied to the sums secured by this Security Inscrument. . ' - ` �`' whether or not then due,with any excess paid to Borrower. In the event of a partial taldng of the Property in which the fair � ' _- market valne of the Praperty imm�t�arely befo�the ta2dng is equal to or gieater than the amount of the sumc secured by this - --------- .- - __ Security Instrument immediately before the taldng,unless Borrower and Lender otherwise agree in writing,the swns secured by , a this Seca�rity Insaument shall be reduced by the amount of the proceeds multiplied by the following fraction: (a) the total , ; •• �' amount of the sums secured immediaLely before the ta2dng, divided by(b) the fair market valus of the Property immediazely . . . . � before the taking. Any balance shall be paid to Borrawer. In the event of a partial taking of the Properry in which the fair . ,-°_ ' � mazket value of the Property i++�mP�;a Ply before the talang is less than the amount of the sums secured immediately before the .. , _ , � �'�_-- K taldng,unless Borrower and Lender otherwise agree in writing or unless agplicable law otherarise provides, the proceeds shall `, ' �"'�' • " be applied to the sums secured by ttus Security r++��++�++t whether or not the sunas are then due. . � '"`4