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:x.,�_ . . .. . . � . .. � _�a��:t4sJ,i1`-;rRt.w.'a'�.n . � . �• , ., '.h rdi+ _ '�""� _ -.---i.�- <br /> liG --�... _ <br /> 97- �,(�'73'7� <br /> g. Condemnatfon. Tha proceods of any eward or clatm for damapes, d(rect <br /> or consequentiel, in coonv��enc��in Ileu of condemnetion�te er hereby essignedrand <br /> the Property, or for c Y <br /> shell be paid to Lender. <br /> In the event of a total taking of the Property, the proceeds eha{i be �ppliad io -•� <br /> the sums secured by this Security Instrument, whethe� or not then due, with any <br /> excess pald to Bor�owe�s. In the event of a paMial teking of the Property, unless <br /> Borrowers end Lender otherwise agree in writing, tha sums secured by this Security <br /> Instrument shall be reduced by the amount of the proceeds multiplied by the following <br /> fraction: la) t the feer market value of the P operty imm diateiy before the taking. <br /> divided by (b1 <br /> Any balence shall be paid to Bo�rower5, <br /> If the Property is abandoned by Borrow�rs, or if, after notice by Lender to <br /> Ho�rowers that the condemnor offers to make an award or settle a claim for damages, <br /> Borrowers fail to respond to lender within thirty 130) days after the date the notice <br /> is given, Lender is authorized to coilect end applY the proceeds, at Lender's option, <br /> either to restore or repair the Property o� to pay the sums secured by thts Security <br /> Instrurnent,whether or not then due. <br /> Unless Lender and Borrowers otherwise agree in writing, any appiication of <br /> proceeds to p(ed to in Saragrephs 1�nd 2 or change the amount of such paymentsY <br /> payments refe p <br /> 9. Bor�owers Not Released; Forbearence by Lender nioi a �Yei��s�. <br /> Extension of the time for payment or modification of amortizetion of the sums secured <br /> by this Security Instrument grented by Lendor to any successor in interest of <br /> Borrowers shail not operate to release the liabllity of the originnl Borrowers or <br /> Borrowe�s' successors in interest. Lender shali not be requfred to commence <br /> proceedings against eny successor in interest or refuse to extend time for payment <br /> or otherwise modify amortization of the sums secured by this Security Instrument by <br /> reason of any demand made by the original Borrowers or Borrowers' successors in <br /> interest. Any forbearance by Lende� in exercising any right or remedy shail not be <br /> a waiver of or preclude the exercise of any right or remedy. ' <br /> � ��. Successors arnei Assigns Br�und: Joint and Several Liability; Co-signers. <br /> The covenants and ag�eements of this Security 9nstrument shell bind and benefit the <br /> successors and assfgns of Lender and Borrowers, subject to the provisions of <br /> paragraph 17. <br /> 11. Legislation Affecting Lender's Rights. If enactment or expiration of <br /> applicable laws has the effect of rendering any provision of the Note or this Sec�+rity <br /> lnstrument unenforceable according to its terms, Lender, at Lender's option, may <br /> requi�e immediate payment in full of all sums secured by thls Security Instrument and <br /> rnay invoke any remedies perrnitted by paragraph 17. <br /> 12. Notices. Any notice to Borrowers provided fo� in this Security <br /> - Instrument shail be gfven by delivering it or by mailing it by first class mail unless <br /> N applicable law requires use of another method. The notice shall me directed to the <br /> Property address or any other address Borrowers designate by notice to Lender. <br /> Any notice to Lender shali be given by first class m�il to Lender's address <br /> f� _J_� J��:www�Ae r... .,.,rt�o tn Rnrrnwars. AnY <br /> ° stated herein or any otner address �n��uo� �Q��b���•o� �* ..-.•-- -- ----- - <br /> =� notice provided for in this Security Instrument shall be deemed to hr�ve been givon to <br /> - <br />