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<br /> --"� 8. Borrowers shall pay to the Lender, i.f Le nder so _
<br />'•=�� requires, together wzth and in addition to th� reguLar monthly
<br /> "'��7 payments of principal and interest, on the date set for�h for the
<br />'•�``` making of the payment each month, a sum as establ istied by the
<br />__��;'":�.�` Lender equal to the taxes and special assessm�nts next due on the -
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<br /> :.:.�;� premises, plus the premium that wi11 next become due and paya e
<br />���'� on inaurance policiss covering the p�emises, divided by the
<br />.-sil number of months to elapse before one month prior- to the date
<br /> -`--- when such taxes, special assessments and premi.um ��ill be due.
<br /> �rtM�� Said sums t o be held by the Lender in trust to pay the ta:tes,
<br />----�'�� special assessments and insurance premiums. Any dericiency in _
<br /> -y``�� the amount of any aggregate monthly payment (principal, interest,
<br /> E,ti;�;� taxes, special assessmetits and insurance premium) slzall
<br /> - -- constitute a default. The arrangements provided for in �his
<br /> _ subparagraph are for the added protection of the Lender, and
<br /> � entail no responsibility on the part. of the Lend�r or Trustee.
<br /> - 9. If' Borrowers fail to perf'orm the covenants and -
<br /> agreements herein contained, Lender may do and pay �or whatever
<br /> is necessary to protect the value of the property and Lender.'s
<br /> �.�.. � .-,,,, ,.,-� e�±.,, i nrl�trli rlc; r.he paying of any sum secured
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<br /> by a lien which has priority over this security �.nstrument,
<br /> appearing in court, paying reasonable attorney fees and entering
<br /> � the property to make repairs . Any arnount disbursed by Lender
<br /> �•� under this paragraph shall become an additional debt of Borrowers
<br /> secured by this security instrument, to bear inC�rest from the
<br /> — date of disbursement and said amount, together w�.th the then
<br /> unpaid principal amount, shall bear interest at the highest
<br /> � lawful rate until refunded by Borrowers.
<br /> - 10. Horrowers covenant and agree that a fa ilu re to make any
<br /> . paym�nC, either prinGipal or interest, on the n�te secured hereby
<br /> when due and payable or a failure to comply with ar�y of the
<br /> covenants and agreements herein made sha11 cause the hole sum ot
<br /> money hereby secured to become immediately due and collectible at
<br /> the option of the Lender, and Lender shall have the right to
<br /> cause notice of default to be given and the pre�ises to be sold
<br /> as provided herein.
<br /> _ — 11. The proceeds of any condemnatian award are hereby
<br /> ---- . assigned and shall be paid to Lender and shall be applied to the
<br /> sums secured by this security instrument, whether or not then
<br /> _ due, with any excess paid to Borrowers.
<br /> ___,__� 12. Any extensions or modifications of the laan granted by
<br /> Lender to any successor in interest of Borrowers shall not
<br /> =--_� operate to release the liability of the original Borrowers or -
<br /> --`-'"� Borrowers' successors in interest . Any forbearance by Lender in o
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