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<br /> but is aot liinited to, entering tl�e Property to inake repairs, change iocks, repIace or board up doors and
<br /> windows, drAin wAter froin pipes, climinatc building or othcr codc violations or dangerous conditions,
<br /> aiid have utilities turned on or of£ Alkhough Lender may take aciion under this Secfiion 9, Lender does
<br /> not have to do so a�d is not under any duty or obli�ation to do so. It is agreed that Lender incurs no
<br /> liability for not taking aily or all actions authorized under this S�ction 9.
<br /> Any amounts disbursed by Lender under this Section 9 shall become additional debt of F3orrower secured
<br /> by this Security Inst�-uinent. These amounts shall hear interest at the Note rate from the date of
<br /> disburseinent and sha11 be payable, witf�such interest, upon notice from Lender to Borrower requesting
<br /> payment.
<br /> Tf this Security Tnstrument is ai1 a leasehold, Borrower shall coinply with all the proviszons of the lease.
<br /> If Borrower acnuires fee title to the Property, the leasehold and the fee title shall not merge unlass
<br /> Lender agrees to the merger in writing.
<br /> 10. AssignmenE of M iscellaneous Proceeds; Forfeiture. All Miscellaneous Prooeeds are hereby
<br /> assigned ta and shail be paid to Lender,
<br /> If Yhe Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the
<br /> Property, if the restoration or repair is econoinically feasible and Lender's sec��rity is not lessened.
<br /> During such repair and restoration period, Lender shall have the right to hold such Miscellaneous
<br /> Proceeds until Lender has had an opportunity to inspcct such Property to cnsurc the work has Ueen
<br /> completed to Leuder's satisfaction, provided that such inspection shall be undertaken pramptly. Lender
<br /> inay pay for the repairs and restoration in a single clisbuxsetnent or in a series of progress payinents as the
<br /> woric is coinpleted. Unless an agreernent is made in writing or Applicable Law requires interest to be
<br /> paid on such Miscellaneous Proceeds, Lender shall not be required to pay Borrower any interest or
<br /> earnings on such Miscellaneous Procceds. If the restoration or repair is i�ot econoinically feasil�ie or
<br /> Lcndcr's sccurity woultl bc lc�scncd, thc Misccllancous Procccds shall be applied to the su�ns secured by
<br /> this Security InsCruinent, whether or not then drre, with the excess, if 2ny, p�id to Sorrower. Such
<br /> Miscellaneous Proceeds shall be applied iz�the orcier provided for in Seclion 2.
<br /> In the event of a total ta�in�, destruction, or loss in value of the Pro}�erty, the Miscellaneous Proceeds
<br /> shall be applied to the surns secured by this Sectarity InstrumEnt, wl�ethe�•or not then due, with the
<br /> excess, if any, paid to Borrower.
<br /> In the e�+ent of a partial taking, d�striiction, or (oss in vahie of the Property in which the fair inarket
<br /> value of the Property im�necliately Uefore the partial taking, destruction, or Ioss in value is equal to or
<br /> greater than the ainount of the sums securad by this Soctu'ity]nstruanent iminediately before the partial
<br /> taking, destruction, or loss in value, unless Borrower and Lender otherwise agres in writing, the sums
<br /> secured by this Security Instruinent shnll be reduced by the ainount of the Miscellaneous Proceeds
<br /> inulCiplicd by the following fr�cCion: (a)thc total aniotuit of the sutns secured iinmediateiy before tlle
<br /> partial taking, destruetian, or loss in value divided by(b) the fair marlcet�a1ue of the Property
<br /> iirunediately before the p�rti�I taking, destruction, ar loss in value. Any balance shall be paid to
<br /> Borrower.
<br /> In Ihe event of a partial taking, destruction, or loss in value of the Property in which the fair market
<br /> value of the Pt•operty iminediately before the partial ta[�ing, destrt�ction, or loss in value is less than the
<br /> amount of the sums secured iminediately 6efore the partial taking, destruction, or loss ir�value, unless
<br /> 0451502955
<br /> FHA Deed af Trusi-NE 9I30J201�
<br /> BankersSystoms� VMP� VH1f4ft(NC}�9502}.pi
<br /> Wollers Kluw er Financial Services Page 9 ot 1 S
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