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<br /> Praper�y, aliow the Propexty to deteriorate or aom�ait waste. If a=
<br /> thie 8oaurity Tmatrum�nt ie oa a ieasehold, Borrower shail comply ��
<br /> with the proviaions oP the lease, and if 8orrowar aaquires fee --
<br /> title to the Property, the leasehold and fee title shall t�ot merge -
<br /> uutle�s Y�enders agree �o �he �nerger 3cn w�i�ir�g. �
<br /> 7. Proteation of Lendess� Riqhts in the Propertyf Mortqage =
<br /> Zneur�nae. I! Borrower P�ile to perPorm the aovenants and =
<br /> agreements aontained 3.n this Seaurity �nstrumen�, or there is a -:.
<br /> legnl proaseding that may eigniPiaar�tly aPteat Lenders� righ�s in ` -
<br /> the Property (sutch as � proaeeding in bankruptcy, probate, Poz -
<br /> aondemrtation or to enforae lawe or regulationg) , then Lenders may
<br /> do and pay for whatever is neceasary to proteat the value of the
<br /> Property and Lenders� arights in the Property. Leaders• aa�ions may
<br /> inalude y�ayine� any suma seaured by a lien whiah has prfority over -
<br /> this Seattrity Inatrument, appearing in aourt, paying reasonable
<br /> attorneys' feee �nd enterinq on ttie Proparty to make repairs. -
<br /> Althouqh Lendars may take aation under this paragraph 7, Lenders do =
<br /> not hdve to do so. -
<br /> �:
<br /> Any amounts disbu�sed by Lenders under this paraqraph 7 shall
<br /> beaome additional debt oP Borrcwer aeaured by this 8eeurity
<br /> Instrument. Or�less Borrower and Lenders agree to other texms af
<br /> payment, these amounts ah�ll bear intereat from the date af =
<br /> disbu�sement at the Note rate and shall be payabxe, with interest, -
<br /> upon no�iae from Lenders to B�rrower requestinq payment.
<br /> If Lenders �cequfre mortgage insuranae as a aondition of x�akinq
<br /> the laan aecurea by this security =nstrument, Borrower shal� pa�y
<br /> �he pretaiums required to maintain the insurat�ae in effeat nr►til
<br /> suah times as the requirement Por the fnawcanae terminates in
<br /> acaordanae with 9orrower�s and Landsra� writteri agreement nr
<br /> appliaable law.
<br /> 8. Inapeation. Irenders or their agenta may make reasonabla
<br /> eritries upon and inspeationg of the Property. Lender� shsll qive
<br /> �orrower notiae at the time of or prior to an inspeation speaiPying
<br /> reasonaabin aause for the inspeation.
<br /> 9. Condemnation. The proce�ds oP any a�ward or claim for
<br /> damaqes, direat or consequential, in Qorisneation with any
<br /> aondemnation ox other taking of any part ot the Property, or for
<br /> �sonveyan�e in lieu of condemnation, are hereby asaigned and ahail
<br /> be paid to Lenders. .
<br /> In tlie mvent oP a total takinq of the Property, the proceedls
<br /> shail be applied to the sums seauxecl by this Seaurity �nstrutnent,
<br />. �rhet3�et Ar. not then due, with any excess paid to Horr��aar. In the
<br /> event ot a partial taking of tt�e Pr��arty, unless Horrower and �
<br /> Lenders otherwf�e agree in writing, the sums seaured by this
<br /> 8eaurity Instru�ent ehall be reduced by the a�mount of the proaeeds
<br /> muitipiied by the fallowinq fraation: (a� the totai amow►t of the
<br /> eums seaured iamtediately befor.e �he takiin�, divided by qb) ttie fair
<br /> market value oP the Property immediately be�ore the taking. Any
<br /> bal�nee sh�ll be paid to Sorrower. �
<br /> it tha Property is abar�doned by Sorrower, or if, after notice ._
<br /> by Lendexs to Borrower that the condc3mnor offera to make �n awa�rd
<br /> or settle a claim for damaqes, Borroarer faiis to respond te Lenders -
<br /> wil:tsin 30 days after the date the aotiae is given, Lenders are �
<br /> authorized to colleet and apply the proceed�, at their optidn, C
<br /> either ta restore or repair tho Property or to pay the sums seaured f.
<br /> by ttiis Seaurity Znstrument, whether or not then due.
<br /> Unle�s Len�ers and Horrower otherwise �gree in writing, any
<br /> application of proaeEds tu principal shall not extend or postpone
<br /> the due date of the yearly payments referred �o in paragraphs 1 and
<br /> 2 or ahange the amount of such paym�nts.
<br /> 4
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