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<br /> In the event of loss, Borrower shall give prompt nodce to the insurance carrier and Le�i�r. Lender may make proof
<br /> of Ioss if not znade promptly by Borrower.
<br /> If the Property is abandoaed by Borrower,or if Borsoy�er fails to respond to L.ender within 30 days from the date notice
<br /> is mailedby Lender to Bormwer tbat the insurance carrier offers to setfle a claim for insurance benefits,Lender is authorized �
<br /> to colle�t and apply the i�c�ranse proceeds at Lender's option either to resroration or repair of the Pmperty or to tl�e svms
<br /> secured by this L`r.ed of Trust.
<br /> 6.Pe�s�rvation and Maintenance oF Froperty;Leaseholds;Condoeniniums;P4anned Unit Developments.Borrower
<br /> shall keeg the Property in good repair and shall not commit waste or permit impairment or deterioration of the Property and
<br /> shall compiy with the pmvisions of any lease if tlus Deed of Trust is on a leasehold. If this Deed af Tnist is on a unit in
<br /> a coedomirusm or a planned unit development,Borrower�all perform all of Borrower's obligation.e under iae declaration
<br /> or covenants cresting or governing the condominium or planned unit development, the by-laws and regulations c;f the
<br /> condeminium or planned unit development, and constituent documents. �
<br /> 7. Protection of Lender's Securtty. If Bo*rower faiis to perform the covenants and agreements contained in this Deed
<br /> �f Trust, or if any ar,cion or proceedin� is commenc�d which materialiy affects Lender's interest in d�e Prooerty, dien
<br /> Lender,at?xnder's opaon,upon notice to Borrower,may make such appearances,disburse such sums,including reasonabie
<br /> attomeys' fees, and take such action as is necessary to grotect Lender's interest. If Lender required moRgage insurance as
<br /> a condition of making the loan seeured by this Deed of Tnut, Barrower shall pay tl�e premiums requirr.d to maintain such
<br /> insurance in effect until such time a.a the requirement for such inse:ance terminates in accordance with Borrower'c and
<br /> I.ender's written agreement or applicable law.
<br /> Any amounts disbursed by Lender pursuant to this paragraph'I, di:�i interest thereon, at the Note rate, shall become
<br /> ;:dditional indebtedness of Borrower secured by this Deed of Trust. Unless Borrower and Lender agree to other terme of
<br /> payment,such amounLs st�ali be payable up�n notice from Lender to Bonower requesting payment thereof.Nothing conta��ed
<br /> in this para�raph 7 shall require Lender to incur any expense or take any action hereunder.
<br /> 8. Inspection. Lender may make or cause to be made reaso»able ent,�ies upon and inepectionc of the Property,provided
<br /> that Lender shall give Borrower notice to any such inspection specifying reasonab:e cause therefor related to Lender's inrerest
<br /> in[he Property. '
<br /> 9. Conciemnation. The proceeds of any award or claim for damages, direct or consequential,in coimection with any
<br /> condemnation er other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are liereby
<br /> assigned and shall be paid to Lender, subject to the terms of any mortgage, deed of tru.et or other security agreement with
<br /> a lien which has priority over diis Deed of Trust.
<br /> 10. Borrower Not Released; For6earance By Lender Not a Waiver. Ezten,eion of the time for payment or
<br /> modification of amortizadon of the sums srcured by this Deed of Tiust granced by I.ender to any successor in interest of
<br /> Borxower shall not operate to release, in any manner, the liability of the original Borrower aad Bonower's successors in
<br /> interes�.Lender shall not be required to commence proceedings against such successor or refuse to extend time for payment
<br /> or othenvise modify amortization of the sum�secured by this Deed of Trust by reason of any demand made by the original
<br /> Borro�ver and Bonower's successors in interest.Any forbearance by I.ender in exercising any right or remedy heresnder,
<br /> or othzrwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy.
<br /> 11. S�rce�ors and Assigns Bound;Joint and Several Liability; Co-signers. The covenant�s and agreecnenGs herein
<br /> contained shall bin�, and the rights hereunder shall iuure to, the respective successors and assigns of Lender and Borrower,
<br /> subject to the provisions oi paragraph 16 hereof.Ail covenants and agreements of Bonower shall be joint and several.Any
<br /> Bonower who co-signs this Deed of Tzust, but does not execute the Note, (a) is co-signing this Deed of Trust bnly to grant �
<br /> and cflnvey that Borrower's interest in the Pmoert�to Trustee under the terms of this Deed of Trust, (b) is not�personally � -.
<br /> liable on the Note or imder this Deed of Trust, and(cl agrees diat Lender and any other Bonower hereunde�may agree to
<br /> eztend, modify, foebear, or make any other accommodatior.s widi regard to the ternu of this Deed of Trust or the Note,
<br /> without that Borrower's consent and without releasing[6at Borrower o*modifying this Deed of Trust as to that Borrower's
<br /> interest in the Pmperty.
<br /> 12. Notice. Except for any noticc ;eqaired under applicable law to be given ia another manner, (a) any notice to
<br /> Borrower provided for in ihis Deed of Trust shall in: ;iven by delivering it or by mailing such notice by certified mail
<br /> addressed ro 8orrower at the Property Address or at snch other aud:ecs as Bonower may designate by notice to Lender as
<br /> provided herein, and (b) any notice to L.ender shall be given by certified maii te I�iider's address staced herein or to such
<br /> other address as Lender may designate by notice to Bonower as provided herein. An,y nu:ice provided for in this Deed of
<br /> Trust shall be deemed to have been biven to Bonower or Ltnder when given in the manner designated herein.
<br /> NGR}S.`_SKA•SECOND:�tORTGAGE-t/80-F!V'MAlFfII,AiC hfODII�'�LYSIRUA¢.'YI' Fenn 3R2A
<br /> ICC�HP421476.!'C1.�697 A�e�M6
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