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F . !,' i .. ' . ,,� . . <br /> , ��iUi � . - - __ <br /> ' . - � � _.- - . _ - ;.�'..F,;�rt.�1)'1� . - 7 _ . ` ~'�. .. <br /> • <br /> ,/5V1;�1 �\►.1��.��. .�. .)h`/��{j� { ) , Y . � �. �f � _ _ <br /> . .,..t V a��ild.�yF�QY�f'. ':t��1 1),l�y�l�nl��*��. �'t.�u{i,•. L_ ... <br /> .. 2� .s . } . .._ <br /> . <br /> � �� <br /> -u.a.v.: �- i� �' -.cw�c-na�w..n __ <br /> 97- 1fr'73"�'4 <br /> and renewals. if Lender requires, Bor�owers shall promptly gfve to Lender ell receipta <br /> of peid premiums a�d renewal nodces. In the event of loss, Borrowers shell glve <br /> prompt notice to the fnsurence carrier and Lender. Lender may make proof of loss <br /> if not made promptly by Borrowers. <br /> Unless Lender and �orrowers otherwise agree tn writing, fnsurence proceeds <br /> shall be applied to restoratian or repair of the Property damaged, if the restoratian or <br /> repair is economlcaily feasible end Lender's security (s not lessened. If the <br /> restoretion or repair is not economically feasible or Lendar's security would be <br /> lessened, the insurance pr��e.eds shall be applied to the sums aecured by this <br /> Security Instrument, whether or not then due, wi�h any excess paid to 8o�rowers. <br /> If Bo�rowers al�andon the Property o� do not answer within thirty (3d) days a notice <br /> from Lender that the insurance carrier has offergd to settlo a claim, then Lender may <br /> collect the insurance proceeds. Lender may use the proceeds to repair or restore the <br /> Property or to pay sums secured by this Security Instrument, whether or not then <br /> due. The thirty (3�) day periad wtll begin when the notice ts give�. <br /> Unless Lender and �arrowe�s otherwi�e agree in writing, any applicati�n of <br /> proceeds to principal shasl e�ot extend or postpone the due date of the payment <br /> referred to in paragraphs 1 �nd 2 or change the amount of the payrnent. If under <br /> paragraph 17, the Property is acquired by Lender, Borrowers' rlght to any insurance <br /> policies and proceeds resulting from damage to the P�aperty prior to the acquisition <br /> shal{ pass to Lender to the extent of the sums secu�ed by this Security Inst�ument <br /> immediately p�ior to the acquisition. <br /> 6. Preservation and Maintenance of Property; Leasehotds. Borrowers shali <br /> not destroy, damage or substantially change the Property, allow the Property to <br /> deteriorate or cornnit waste. If this Security Instrume�t is on a leasehold, Borrowers <br /> shall comply with the provisior:s of the lease, and if Borrowars acquire fee title to the <br /> Prnperty, the leasehold and fee titte shall not merge unloss Lender agrees to the <br /> merger in writing. <br /> 6. Protectlon of Lender's Rights in the Property; Mortgage Insurance. If <br /> Borrowers fail to perform the covenants and agreements contained in this Security <br /> Instrument or there is a legal proceeciing that rnay signifivantly affect Lender's rights <br /> in the Property (such as a proceeding in bankruptcy, probate, for co�demnation or to <br /> � enforce laws or regulations), then Lender may da and pay for whatever ts necessary <br /> to protect the vaiue of the Property and Lender's rights in the property►. Lend�r's <br /> actions may include paying any sums secured by e lien which has priorlty over this <br /> Security Instrurnent, appearing in coun, paying reasonable attorneys' fees and <br /> entering on the Property to make repairs. Although Lender may take action under this <br /> paragraph 6, Lender does not have to do so. <br /> Any am�unts disbursed by Lender under this paregraph 6 shall become <br /> additional debt of Borrowers secured by this Security Instrument. Unless sorrowers <br /> and Lender ag�ee to other terms of payment, thase amounts shall bear Interest from <br /> the d�te of disbursement at the Note rate and shall be payabie, with interest, upon <br /> notice f�om Lender to Bor�owe�s requesting payment. <br /> ;, If Lende� requires mortgage fnsurance as a condition of making the Ioan <br /> � secured by this Security Instrument, Borrowers shall pay the premiums requi�ed to � <br /> maintain the ins�rance in effect until such times as the requirement for the insurance <br /> tarrninatAS in accnrdance with Borrowers' and Lender's written agreement or _ <br /> applicable law. - <br /> = 7. Inspection. Lender or Lender's agents may make reasonable entries <br />=� upon and inspections of the Property. Lender shall give Borrowers notice at the tim� <br />- of or prior to an inspection specifying reasonable cause for the inspection. <br />:� 3 <br /> � - . _... . .. ... .. ... . .. .. . .. ._ . . . .. . . .: �.�.�. �- <br /> .. „ , --.- _�-� . _� ,, <br /> ... <br /> „ .4. _ ,rr • - _ _ <br />