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"VI ;:. ..., '"" �'"""_""""^ �.�.,�.•.e,C - J+.5a,1 . xw..... w�ur. + ..d:..u�.k�.+air.._'7;.Y,4,� 89'- 1022022' terminates in accordance with Borrowers' and Lenders' written agreement or applicable law. B. Inspection. Lenders or their agent may make reasonable entries upon and inspections of the Property. Lenders �'iall give Borrowers notice at the time of or prior to an .�soection specifying reasonable cause for the inspection. 9. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any condemnation or other taking of any part of the Property, or for conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lenders. In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with any excess paid to Borrowers. In the event of a partial taking of the Property, unless Borrowers and Lenders otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the amount, of the proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before the taking, divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be paid to Borrowers. If the Property is abandoned by Borrowers, or if, after notice by Lenders to Borrowers that the condemnor offers to make an award or settle a claim for damages, Borrowers fail to respond to tenders within 30 days after the date the notice is given, Lenders are authorized to collect and apply the proceeds, at their option, either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. Unless Lenders and Borrowers otherwise agree in writing, any application of proceeds to principal shall not extend or postpone the due date of the yearly payments referred to in paragraphs 1 and 2 or change the amount of such payments. 10. Borrowers Not Released; Forbearance by Lenders Not a Uaiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lenders to any successor in interest of Borrowers shall not operate to release the liability of the original Borrowers or Borrowers' successors in interest. Lenders shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrowers or Borrowers' successors in interest. Any forbearance by Lenders in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy.