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<br /> Note rate and shatl be payable, with inteYest, upon�torice from LendQr to Borrewer � � � ,
<br />�� _' ' :. � ` �
<br /> : :. . requesting PaYmen� , . . .� -�. ,
<br /> � . � , . .
<br /> � `� ;.`� � . 6. Inspectioa. Lender or its agents may make reasonable entries upoa anct , ` , �
<br /> ' .,yY... ` ,
<br /> . �- inspections of the Property. Lender shail give Borrower nouce at the rime of or prior to an , , "':� ��
<br /> ,•�•�
<br /> . ,. inspe�tion specifying reasonabte c�use for the inspection. . .
<br /> ' ' _ rr: _ .
<br /> � � "� � 7. Cpndemnauon. The proceeds of auy award or ctaim for damages, direct or � . ' �• -� -
<br /> ,•„ . � . ��" .
<br /> � •� - . , conseq�ential, in connection with any condemnation or other taking of any part of the , ; ._� _
<br />- ' � Property, or far conveyance in lieu of ccfndemnation,aze �ereby assigned a�d shall be paid - :,•;��=''. �..-°
<br /> :t- �--......_.y......_' ta I.ender. . ,.._. - _-�.�.�-�
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<br /> � , . In the eve�ti of a total takin8 of the Property, the proceects sha11 be applied w the
<br /> " . , .� �� ` sums secured by this Security Insuument,whether�ar not then due, with any excess paid to � � • : � ��`�=
<br /> - '—� - -- � •�-�-•-=. . 8onower. in the event of a partial taking of the 1'roperty,unless Borcower and t.ender _ �.� x'��_
<br /> - ; �'� � othennrise agree in wntu►g,.ttie sums secured by t�his Security l�tru�n�nt shali be reduced by. - - -
<br /> •• � the amount of the proceeds multiplied by the following fracdon: (a)the total amaunt of tiie ,
<br /> �• �� �- suins secured immediately before the taking,divided by(b)the fa'v market vatue of the. _
<br /> � � � • �- � Froperty immediately before the taking. Any batance sha11 be paid to Bonower. ' � , � ,;
<br /> . �;�
<br /> �:� . • • . . . ..
<br /> � � • If the Property is abandoned by Borrower,or if, after notice by Lender to Borrower � :r,r�
<br /> � � � • that ihe condenuwr offers to make an award ar settte a ctaim for damages, Borrower fails to � ' ` •� '
<br /> . . ;,-.�i
<br /> " � . - respond to Lender within 30 days after the date the notice is given, Lender is authorized rea . '� •
<br /> - coltect and apply tAe proceeds, at it's option, either w restore or repair the Froperty or to �4�
<br /> .-. . � • N "s -.!t
<br /> � � - pay the sums secured by this Security Inswment,whether or not then due. ,�,�:°
<br /> � :, . :;:�_<.,_. ,•.
<br /> . �...,.�
<br />� ' " . lication of roceeds . . �=,��� �..:,
<br />_:_�•- . Untess Lender and Borrower otherwise agree in writing, any app' P . , .
<br />-� ` to pfrncipal shall not extend or postpone the aue date of ths yearly payments referred to in
<br /> . :-���=- .--. --`'..��, " � � P��Ph 1 or change the a�count oF such payments. . , � �.
<br /> �; ' , . � �'. :.;,;� ..
<br />_ • ,,. ....''.� 8. Horrower Noi Released; Forbearance by Lender Not a Waiver. Extension of the • ,
<br /> t'ira�for payment or modification of amortization of the sums secured by this Security ��`�'��
<br /> - � `�• f B rrower shall not o rate to �
<br /> . � Instrument granted by Lender to any successor �n mterest o o pe �
<br /> - ' . � . � retease the liability of the original Borrower or Bottowers' successors in interest. Lender
<br /> . . . . , . sh�ll not be required to commence proceedings against any successor in interest or refuse to - ;�- � � � . � . � .
<br /> � � � � extend time for payment or otherwise modify amonization of the sums secured by this f . � . �
<br />-- - • • Security Instrument by reason oF any demand made by zlte�original Borrower or Borrowers' { � , .
<br /> suocessors in interest. Any forbearance by Lender in exercising any right or recnedy shall
<br /> . � � •• . � not be a waiver of or preclude the e�xercise of any right oi remedy. �
<br /> E.� � � . �� � ��
<br /> �. . .
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<br />� '_.'�:�::.� ; �: 9. Successors and Assigns Bound;loint and Several Liability; Co-signers. 'I7ie �. : . `°� �
<br /> '" �� .. �`��. . - covenants ansl agreements of this Securiry Instrument shall bind and benefit the successo�s � , ,
<br /> - . � �•� and assigns of Lender and Honower, subject to the provisions of paragraph 14. Any � . . �_
<br /> -"� � Borrower who co-signs this Security Inswment but dces not eaecute the Note: (a) is co- j
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