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<br /> � 91�-- ����a� :- •( G;.<' ' ' .Y'.�'�-
<br /> payments may no longer be required,at the opcion of Lender, if mortgage insurance coverage tin the amount and for the period ' . ' ;,....f`..
<br /> that Lender requires)provided by an insurer approved by Lender again becomes available and is obtained. Borrower shall pay : . -
<br /> the premiums required to maintain mortgage insurance in effect,or to provide a loss reserve,unYsl the requirement for mortgage `. �
<br /> � insurance ends in accordance with any written agreement between Borrower and Lender or applicable law. ; : ' , ��� , ��
<br /> -.; 9. Inspedion. Lender or iu agent may make reasonable entries upon and inspections of the Propeny. Lender shall give , • ��_
<br />-�� Borrawer notice at the time of or prior to an inspection specifying reasonable cause for the inspection. - --, - �- .-- — _, `
<br />` ' Id. Condemnation. The procceds of any award or claim for damages, direct or consequential, in connection with any ` � �
<br /> � rnndemnation or other taking of any part of the Property,or for conveyance in lieu of condemnation, are hereby assigned asid � -` � _,
<br /> . , �.
<br /> shall be paid to L.ender. .. .. '- ..
<br /> In the event of a total taking of the Property,the proceeds shall be applied to the sums secured by this Security Insuument. � _ _. _
<br />: whether or not then due, with any excess paid to Borrower. In the event of a partia! taking of the Property in which the fair •- '�;�„>�ti-_,�
<br /> � marke[value of the Property immediately before the taking is equal to or greater thar►the amount of the sums secured by this • _'„_;�._-„�,�a_N.;
<br /> Security Instrument immediately before the taking, unless Borrower and Lender otherwise agree in wnung.Ute sums secutYCi by ��R�"^r -
<br /> � ' this Security Instrument shall be reduced by the amount of the proceeds multiplied by the following fraction: (a) the tota) � "--` ;: -• -
<br /> ,'� amount of the sums secured immediately before the taking, divided by(b) the fair market valae of the Property immediately �� ��� `"�""_"
<br /> :„� before the taking. Any balance shall be paid to Borrower. In the event of a partial taking of the Property in which the fair �'`'�*�'?"
<br /> � ;�.."; ,: :-.. . _
<br /> market value of the Property immediately before the taking is less than the amount of the sums secured immediately before the + .+....._�_--.-�
<br /> talcing,unless Borrower and Lender otherwise agree in wripng or unless applicable law otherwise provides, the proceeds shall � '';+"'.� .. :r " .,
<br /> be apptied to the sums secured by[his Security Instrument wheiher or not the sums are then due. ,•� k=-'�=�-y''�°�"��
<br /> If the Property is abandoned by Borrower,or if,after notice by Lender to Horrower that the condemnor offers to make an , . . �r � ' � ` °__
<br /> award or settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date the notice is given. � ,x�.:� ,h"`�
<br /> Lender is authorized to col[ect and apply the proceeds,at iu option,either to restotation or repair of the Property or to the sums .__ ` _-
<br />-�4 secured by this Security Instrument,whether or not then due. � �'��-----_�
<br /> ,'..�. Unless Lender and Borrower othenvise agree in writing, any application of proceeds to principal shall not extend or �r'_ � -:• -
<br /> postpone the due date of the monthly payments refecred to in paragraphs I and 2 or change the amount of such payments. =�.;"-;;�• �
<br />' '` 1 1.B orrower No t R e d e a s e d;Fo r b e a r a n t e By L e n d e r N o i a W a i v e r.E x t e n s i o n o f t h e ti m e f o r p a y m e n t o r m o d i f i c a t i o n �,�� " _
<br /> ,'�e _.
<br /> ' of amortization of the sums secured by this Security instrument granted by Lender to any suce.essor in interest of Borrower shall "�a:• � '�
<br /> not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall not be required to ,_
<br /> commence proceedings against any successor in interest or refuse to extend time for payment or othenvise modify amortization �'" ���';;�.�� _
<br /> � of the sums secured by this Securiry Instrument by reason of any demand made by the uriginal Borrawer or Boaower's
<br /> .;;•��`'�
<br /> successors in interest. Any forbearartce by I.ender in exercising any right or remedy shall not be a waiver of ar preclude the ' �• "�
<br />- eaercise of any right or remedy. ;�'�-"```
<br /> 12. Successms and Asslgns Bound; JoInt and Several Liability; Co-signers. The covenants and agreements of this - :;� '� s
<br /> ' S e c u ri t y I ns u u m e n t s h a ll b i n d a n d b en efit the su ccessors and assi gns of Lender and Horrower, sub ject to the provisions of • . ';,�,. ���'
<br /> paragraph 17. Borrower's covenanu and agreements shali be joint and several. Any Borrower who co-signs this Security - • � �� �' .�-
<br /> Inswment but does not execute the Note: (a) is co-signing this Security Instrument only to martgage, grant and convey that �"���� �-
<br /> .. Borrower's interest in the Property under the terms of this Security Instrument:(b)is not personally obligated to pay the sums `� , °'--
<br /> � secared by this Security Instrument:and Ic)agrees that l.ender and any other Borrower may agree to extend,modify,forbear or =��._ ,�.�:.
<br /> make any accommodutions with regard to the terms of this Security Instrument or the Note without that Burrower's wnsent. _ °i�:"�`• ` �
<br /> 13.Loan Charges.If the loan secured by this Securiry Instrument is subject to a law which sets maximum laan charges. °
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