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<br /> ve rom t notice to tbe inauranae carrler an
<br /> � In the event of loss,Borrower shall gi P P �
<br /> _=�-°�t make proof of loea i�f not made promptlY by Borrower.
<br /> _,�� If the Property ie abaadoned by BorroNer,or if Borrower feile to reepottd to Leader within 30 days from
<br /> the dste notice is mailed bY Leader to Borrower thnt ��ln u�i�an e�eoceede at Lende�e option e ther
<br /> �-�,-� Inaurance benofite�Lender ie authori�ed tocollect aad aPp Y
<br /> to restoration or repair of the PropertY or to the sume eeaured bY thie Deed of Trus�
<br /> ��n�Ominiums;PLnned UniL De�ebpme+nt�.
<br /> '�! 6.Pr+e�ervatbn�nd Moinben�nce of�'PaT�T Ti°�ObO� -
<br /> ;,•_,.�. • Borrower shall keeP t1i8 ProPert3' �n g°°d repair �►d Bb� °ot conamit waste or permit impaira►ent or
<br /> � dete r iora t ion of the Pro�p e�ania o��ucn�lt�'iPnla ondominiwn or�a p lann e dl u n i t d e veo Pme�at,�Bo�rro ter ehall
<br /> , t,.��;s leasehold.If thia Deed or overnin8 the
<br /> .;.'�` �o� � of ��o d runiti de e opmen�the by-lawe and regulatione of the c dominiurn or planned unit
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<br /> :_. � cond�miaium or planae
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<br /> _ ' �t development,and constituent dceumente.
<br />-��``. 7.Protecrion of I�ender'a 3ecuri�t7.If Borrower faile to perform the covenants and agreements con _
<br />:"���`•.; is commenced which materlelly affecta Lendar'a intereet
<br /> in this Deed of Truet,��r if a�►Y action or roceedin8
<br />:.;`�•�.`., in t he P r ope r t 9►thea Lender, at Lead�r's optlon�upon notice to Borrower,maq make such appearances,
<br /> ��1�?°�� disbw�se such sums, including reasone�ble attor'neys feea,and take suc h ac t ion a s is neaessary �pro�t
<br />-�rr=�'° I.snder's interest. If Lender required tnortgaBe inaurance aa a condition of nnaking the loan secured bq thie
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<br /> �� Daed of Truet,�8 t for such pineuraaceeternui�nates i� accord nce�with Bo OWRT 8�� Lender'auwn'ttsn
<br /> .„�w�� as the reclui�'em
<br /> - _�:�,� agreement or appflcable law. h q����terest thereon,at tha Note rate,
<br /> — Any aznounta disbursed by Lander pursuant to this paragrap �
<br /> _ ehallbecoma additionalind�b�tiB suchamounta shall be p yabDle n�o n°tice froem Lender to Borrower
<br /> -- -- agree to other terms arPpi►f.Nothing contained in thie paragraph 7 shall require Lender to inaur any espenee
<br /> -- , t�ec�iiess�ltg P3:{�••nt t.._--:
<br /> or take any action hereunder. � ona of the
<br /> 8.���n,�ndex may make or cause to be made reasonable entrles u ��d ���able cauee
<br /> property,provided thst Lender ehall give Borrower notice to anY euch inspection specifyin6
<br /> --- thArefor related ta Lender's interest in the Property.
<br /> direot or conaeqnenttal,in connection
<br /> = g.�onde�natbn.The praceede of any award or olaim fo:�deun�e�e�f, or for conveyanae it'► lieu of
<br /> vyith any condemne►tion or other taicing of the PropertY. P
<br /> condemnation,are hereby assigned a�ad slzall be paid to Lend�orlty�etr��I�of�Truet mortSaBe,deed
<br /> of trust or other eecurity agi'eement wlt}� 81ien which has p
<br /> 10.}���N���'�B�I�de�K�a Wdrear.Eztenaton of the t�ne for puy��t
<br /> or modificatton of amortization of the sucns eecured by thie Deed of �e�bility Of tyhe o�i Igiasl Bo rawer and
<br /> in interest of Borrower shall aot operats to relea8e��a�y��er, �inet 6ttc�
<br /> Borrower'e succeeeors ia interes�.Le°der shall not be re4uired to commence pmceedinS� a6
<br /> aucceesor or r��ree son of eu�de fmaadm�ade by tho on'�gine�il B�orr we�r and Bo�rro�ver e euceaeore�tent et
<br /> -- Deed of Truat y ht or remedY hereunder�or otherwise afForded bY applicable
<br /> � Any forbe�urance by Lender in ezercising anY�8
<br /> — law�ahall not be a waiver of or ps�eclvde the exerciee of any nuch rlght or remedY• �� covenaata and
<br /> - - --- 11. Succe.+eois +ad As�s �� Joint and 9e�ernl Ii�ih: �•
<br /> agreeineate herein contained e1�aU bind,and the righta hereunder shall inure W,the reapeetive eueceseon and
<br /> aseigns of Lender aad HorroNer,svbJect to the provletone of paragre►Ph 18 hereof. �ll eovenants sad
<br /> sgreements of Horro�er ahall be jolcat�°�Deed of Trust on1Y W grant and convey� t� Bo�rrower's inte st
<br /> aot ezecute the Note,(a)is co•eigaiag
<br /> �"'°' -"• in the PropertY W Trustee under the tsrms of Wis Deed of'lY�ust,(b) ia not personally liable on the Note or
<br /> `- under thie Dead of Truet,and(c)agraes tbat Lender aad any other Bo�7ower hereunder may a8ree to eztend,
<br /> -�"�-�-��� modify►forbear,or make any other accommodations with regard to the terms of thie��Deed of Truet
<br /> -'-'��t���� Note�wi.tliout that Borrower's coneent and witl�out releasin6 that Borrower or modtfyla8
<br /> -- _ as to that Borrower's interest us the Pc'oPertY•
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