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<br /> ,titl. to th. rr�y, eh. ]�....bola �na r.. titl• .ball eot ..�cq•
<br /> ual� �r�nd�c aqrM� ta t1a �cque in vritinq.
<br /> 7. Psot�ction o! I�ndar's Riqhb in th� Prop�rtyj Mort9aQ�
<br /> l _ _ _ in�wrl�nc�. Ii sorraws� �ail to p�cfors th� �o�r���a � .
<br /> :,-�,�T-,,T__.-------, aqrses�nts aontsin�d in this 8�nurity instruw�t, or tkar� is a
<br /> 1�1 prccMClirrg tt�tt aay signitican�ly aflaoti I.�nd�r's riqAts in -
<br /> � �oP�tY Isuah as a proa�dfnq in bankruptcy. Probat�, !or
<br />--. aoand�t�t►�tion or to u�iorc� lavs or r�gulations), th�n Land�r aay do
<br /> snd ps�y !or vhat�wr is naa�ssairy to protsat th� valu� o= the
<br /> prop�rty u�d I,�ndar�s rights in th� Prop�rty. L�nd�r•s aations �sy
<br />_-_-��.-- - inalud� paying any suas s�aur�d by a ii�n vhich has priarity ov�r �_
<br /> this S�aurity inatacuasnt, appsaring in court, payinq r�aaonabl�
<br /> attoartwys� l�ss an� �n�erinq an th� Property to aaka r�pairs.
<br /> AlthauqU Lendsr aay talc� action und�r thi� p�ucaqraph 7, �wnd�r do�
<br /> -- - - npt hav� to do so.
<br /> - 11ny aaaunt� dfsburse� by I,QtW�c undar thi� paraqtaph 7 ahall
<br /> `' — beaw�a additional debt o! Borrovers �cured by f.1a3a Sa�iarei�y _
<br />'-°I;°' 1 ' In�trutiQnt. Unl�as Borrovera and Landar agr�o to ottier terss o!
<br /> _=- pays�nt, thes� �ounts shali bear intereat lroa tho date of
<br /> ��,, diabursaaent at tda Not� rate and ahall ba payable, with interast, -
<br /> � upon notic� �raa Lwndsr to Borrowors roqu�atinq pays�nt.
<br /> ,� _ _,__ _,;,,; __— I! I,Qnder requirad aortgaqe itfsurance as a aandttion of aaking
<br /> ��' tha loan securad by tbis Seaurity Inetxvsant, Horrower� sdall pay '�
<br />�.n�-.-, ",�:
<br />_ �... � the pretaivas required to �intain the insuranae fn efteet until -
<br /> ;.�.,;_'�- �uah ti�ea as the requireaent for the insurance terminates in �.
<br />-- accord�nce with Borroxerr�' and Lender'• writiten agree�s�nt or
<br />:., -
<br /> --- aysp2i�ab2e 2av.
<br /> .. , _ _, _ -�,. _
<br /> . ,�, :� , -
<br /> f.:� c>-:- S. Inspe+ct3on. Isnder or its aqent say aake reasonable -
<br /> =� `j antriea upon and inspections o! tha Property. Lender shall qiva
<br /> — d� -.°�:„n .-
<br /> •.�r,►�,�� eorrowere notiee at the time of or prior to an inspeation _
<br />_ ' •_l6...i
<br /> _ �- �;;��;;�. . .��,: spacitying rQasonable •aause far the inepeation. -
<br /> - �;��.:��, --
<br /> �� ,��, .�� 9. Condemnation. The proceads of any award or claim for -
<br /> - _ daaages, direct or consequential, in connection with any
<br />-,-�.1-"—:,, •r�°���ti��;.��,�. condesna�ion or other takinq of any part of the Property, or !or __
<br /> ':� ;��;k; ;.•�';.ri.,,:��f; conveyanae in lfeu of condennation, are hereby as�igned and �hhe�ll
<br />-;� � � .�;:��""'+' be paid to Lender. -
<br /> {>'�#::�' ;ts• ., �•
<br />�:•: hr= .. . _
<br /> -;� �,�.,, �4 .': In the event af a total takinq of the Property, the prxeeds _
<br />?'F �.�;.:.,�. ~. . '�� shall be applisd to th� sums secured by �his Security Instrument, �.
<br /> �'��+� :�, °�� .�� whether or not then due, wfth any excess paid to Borrowera. In the
<br /> .. �t',�,� � , �
<br /> � . ;�,,,�-���;;ti����3:.''T event of a partial taking of the Property, unless Borrowera and .
<br /> ,-��1�'��i��,',{�:_;<< '' ` Lender otherwise agree fn writing, the sums seaured by this �
<br />:�,A•.,., 1`'�.�r5.. e�a;
<br /> � � 3ecurity Instrument ehall be reduced by thQ amount of the proceeds �..
<br />�f'.��, ± � �"'�'��`���'�"- aultiplied by the Pollowing traction: (a) the total amount of the
<br />�•���j� �'•"•:`� �'�- auma secured immediately before the taking, divided by (b) the fair
<br /> - V�"'�`'�" market value of the Property immediateiy before the taking. Any �
<br /> "�' ` ,� balanca sh�all be paid to Borrowere.
<br />;� �r• •��. . t'.i�.`'�: i-
<br />_-_���=�: if the Property i� abandoned by Borrowers, or if, a�ter notiae `
<br /> �;�•.`J:'• '�.� by Lender to Horrowers �hat the condemnor offers ta make an award =
<br /> -• � ��°,�'.�""°''�� , or settla a claim for damaqes, Borrowers fail to respond to Lender _
<br /> ' `� within 30 days after the date �he notice is given, Lender is
<br /> � ' . �`, authorized to collect and apply the proceeds, at its option, either -
<br /> • ,.,.� � -, ��'� to restoratfon or repair of the Proper��r or to the sume s�ecurad by �
<br />_ . ., .i'• : �
<br /> . °•' � �;?r`,�, t.his Seaurity Instsvmernt, whQther or not then due. _'
<br /> .. . ••:���...'t;� �.
<br />_'t-'��-= `'�'y-"'.°`°""'�. �,� OtTle�s II.er�d�er a�d Borrow�¢rs otherwise agree in writing, anreY �
<br /> .,w�,. �►tY:::aii.��;ivr.�4',� !'.
<br /> `"�"' � - app2fcatiore cf g►resceeds to principal shall not extend or postgar►e
<br /> - _ _ �1�a .i��� A�1r n� t)�s �n�n�Alv n�vwdntg rgferrar7 to in etaraaraphs 1
<br /> `�;1; . . . �
<br /> L� .•� � ,, ~�' u,t,:;;:,�,:.., and Z or chau�ge t@te a�mount o! such paymonts. �.
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<br /> , '� �,t .:� .� 10. &srrawers Not R4leased; Forbearanae by Lender l�ct a n
<br /> = _. ��,,; �,;,,-<.•�,.�,;.
<br /> -- � Waiver. Ex�ensicn of the tim� for pa�ent or madi�f�.ati.an oi
<br /> M'��` '� anortizatfon oP the sums �ecure� by� this 3eaurity Ir�tsament
<br /> �� , '�'f'�`` � a��� grantad by Lender to any SI1CC@880Y tn interQSt o! Horrow�rs sha l l �
<br /> °"� �-•�'''; �� ���; not opQratQ to release the liability of tha original Horroaers or �
<br /> " ��. � •� ��� "'"�� Borrowers• euaae�sors in intQraat. I.Qndar shall not be required to �
<br /> "' `, YSr.��..d ;1. —
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