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..�,.,_�_�__. •.�a _...r....�.o., .:..:.:; --_ -•- - - - -- ._�_...�. , .,_..,.� _,__._--_�� • - --- - . ._ _ :xs.�.�, � -- .—..,�.r•�.---• __� --- _ �.. � 9�— 1�.3us3 4. Protection of Lendero' Righta in the Praperty; Mortgage insurance. if Borrowers fail to perfoztn the covenante and agreements contained in thie Security Instrument, or there ie a legal proceeding rhat may significantly affect Lenders' righte in the Property isuch ae a proceeding in bankruptcy, probate, for a _ condemnation or to enforce laws or regulations) , then Lenders may do and pay f or whatever ie necessary to protect �the value of the Property and Lendere' rights ix� the Property. Lenders' actione may include paying any sume secured by � lien which has priority over this Security Instr.ument, appearing in court, paying reasonable attarneys' f ees and entering on the Property to make repairs. Although Lenders may take actian under this paragraph 4, Lendere do nnt have to do so. Any amounte disbursed by Lenders under this paragrapY� 4 shal]. become additional debt of Borrowers eecured by this Security xnstnxment. Unlees Borrawers and Lenders agree to other terms of payment, these amounts ehal]. bear ini:erest from the date of disbursement at the Note rate and ahall be payabl.e, with interest, upon notice from Lenders to Borrowers requesting payment. 5. Inspection. Lenders or r.heir agents may make reaeonable en�tries upan and inspections of the Property. Lenders shall giv� Borrowers notice at the time of or pric�r to an inspection specifying reasonable cause for the inspection. 6. Candemnation. The proceeds of any award or clainz for damages, direct or c.onsequential, in conne nY�o Arrvl�or o�r condemnation or otner caking ot a��Y part af r.. ___--. � conveyance in lieu of condemnat•ion, are hereby assigned and shall be paid to Lenders. In the e�vent of a total taking of the ProperLy, the proceeds shall be applied to the sums ePCUred by this Security Instreiment, Nhether or not then due, with any excess paid to Borrowers. In the event of a partial taking o� the Progerty, unless Borro�rers and Lenders oth�rwise agree ir� writing, the eum�s secured. by this Security Inetrument shall be reduced by the amount of the proceeds multiplied by the fallowing fractian: (a) the total amourxt of the sums secured immediately before the taking, before�the t ki g e £Any b ranc shall be pa d to Horrowersaiat�ly If the Pr�vpert�+ is abandoned by Borr.�wers, or if� after notice by Lenders to Barrowers that the condemnor offers to make an award or settle a claim for damages, Horrowers fail to respond Co Lenders within 30 days after the date the notice is given, Lenders are authorized to collect and apply the proceeds, at their ogtion, either to restore or repair the Property ar to pay the sums seGUr�ed by this Security Instrument., whether or not t�zen due. 7. Horrower Not Released; Forbearance by Lenders Nat a *Aaiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument g�anted by Lenders to any auccessor in interest of Borrower� shal7� not operaL-� to release the liability of the original Borrowers or Borrowers' sur.cessors in interest. Lenders snall not be required to ec�cr�nence proeeedings against any successor in intere�t or refuse to ex�end time for payme�nt or otherwise modify amortizati�n af the sums secured by this Security Instrument by reason of any demand - made by the original Borrowers or Borrowers` successors in interest. Any forbe�.rance by Lenders in exercising any right or -- _t ,.,. ,..,.o..i z,�p nc�� exercise of anY =9 remedy snaii noL De a wa��=' �L �-- r_.._____ ---- ti' right or remedy. � 8. Successors and Assigns Hound; Joint and Several Liability; ' Co-signers . The covenants and �greements of this Security Instrument shall bind and benefit t�e succe�sors and assigns of Len3ers and Barrowers, subjec� to the piovisions of paragr.aph 13. Borrawers` cnveaants and agreements shall be 7oint and several. 3 .� � __ _ _