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<br /> ��rt a�the �ro�erty ia sul�joct to a lien which may �in pe4ority ovar this Socurity
<br /> 1:+.�3n��:�r_�,��?!�•c m�Y �ive �3o_rrowera a imtxce id�ntifying tt�e lien. Burra�+vers siYalE a�tiafy _ _
<br /> thc lien ar tuace o�nse or mc�re of tho actiorta set forth above within la days af the giving of
<br /> IwkiCe.
<br /> 4. Hazard Insurac�e. Borrowers shall ka� the improvements now existing or
<br /> her�fter ereGtod on the Property insural against loss by fire, hazards included within the
<br /> term "extended coverage" and any other hazards for which Lender requirts insutance. 'd'i�is - -
<br /> insuranee ahall be maintained ic�the amounts and for thE periods that i��ndar c�eq,uires. The
<br /> insurance cazrier providing the iasurance shall i�chosen by Borrowers subject to I.�nder's
<br /> a�ppraval which shall not be unreasonabfy withh�ld.
<br /> At'. in�uran�.��lieiPs asi�re�cw�ls shall be ac;czptable to Lender and shall i�rclude a
<br /> standard mortgage clause. I,ec�der shall have the right to hold the policies and renewals. If
<br /> iaender requues, Bonowers slhxil promudy give w I�ender all reccip�af paid prefniuma and
<br /> i • t.� V� . ♦ C 1...... A..+.....m...nl�nU �+i..e��mrt nntiM fA?FiP. IIIQUI'.'It10E
<br />- lGliGWrll Il1JtIlA�D. A/�tilv�.��.�u vs sw�� w�avvor►u v..w. �...+�.......�.. .—
<br /> canier ac�d L.ender. Lender may �ake proof of loss if not made promptly by Banowers.
<br /> Unless Lender and l�arc�owers otherwise agree in writing, insurance�roceeds shall be
<br /> appli�d to restoratie�n or repair of the F'rc�perty damaged, if the restoration or repai� is �_
<br /> econvmically feascble and Lcnder's s�urizy is not lessened. If the restoration or repaer is not �,��;_.
<br /> er.Qnomically feas�ble or i,�nder's secuciry would be lessened, the insurance proceeds �hall be
<br /> applted w the sums sec:ured by this�ecurity Insirumeni,WIICUICI Ul IIVL tl1G1I�UG� witl:any
<br /> excess paid to Iianowers. If Bornowei5 abandon the Property, or does not answer within 30 _
<br />- days a notice from Lender that the insurance carrier has offered to settle a claim, then "�
<br /> Lemler may c;ollect the insurance proceeds. Lender may use the proceeds w repair or reswre �
<br /> the Property or to pay sums secured by this Security Instrument. whether vr not then due. �°--
<br />= The 30 day period will begin when the notice is given. , !_
<br /> Unless Lender and Bonowers dtherwise agree en writing. any application of p�aceeds �-'-��_'
<br /> to prie�cipal shall not extend or postpone the due d�te of the payment referred to in
<br /> �..<-
<br /> paragraphs 1 and 2 or change the amount of the payment. [f u�der paragraph 17 the ��'��
<br /> Pro �s a uired b L,ender, Bonowers' ri ht to an insurance licies and roceeds `°°�
<br /> l�rtY � �I Y g Y I� P �._:_.,
<br />- resulRing from damage uo the Property prior to the acquisition shall pass to Lender w the r_:.,:
<br />= extent of the sums secured by this Security Instrument immedFately prior to the�cyuisitio;�. `��-:�
<br />- �;::__
<br /> 5. Preservation and I+�Iaintenance of Property; Leaseholds. Bonowers shall nat ���
<br />- destroy,damage ar subsrar�tially change ahe Property, allov�the Properey to deteriorate or �"�"
<br />= commit waste. If this Security lnstrument is on a leasehold, Borrowers shall comply with the '`°.-°
<br /> i;�r_�_
<br />_ pravisions of the lease, and if Borro�wers acquires fee title to the Property, the leasehold and �� :;:_
<br />- fee title shall not merge unless Lender agrees to th¢:merger in writing. � �
<br />_ <<-
<br />= 6. Prot�ction of L,ander's Rights in the Froperty; IMmragage Insurance. If Bonowers �:>'�
<br />° faii to perform t�ie covenants and agreements contained in this Security Instrument, or diere (: �
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