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<br />• r�•�,•:r�>.yu substlntially equivaleut mortgage insurunce coverage is not avuilable,Borromer shull pay tc�Lendcr each month a sum cqunl ta
<br /> one-twelfth of the yearly�sort�a�e insurance p�emiur�being paid by Eorr���er when the insurance caverAge lapsed or ceased to �
<br /> be in cffect.Lcnder wiu acc�pt,use and retlin thcse paymencs as A IOSS reserve in licu of mongagc insurance. ►.oss rescrve _:
<br /> ' paynicnts may no longer be rcquircd, .0 tttc option of I.ender,if mortgagc insurancc coveragc(in dic amount and for the period ��
<br /> ' tl�at I.euder rcquires) providcAl by ain insur::r approv�;ci bp Lender again becomes avuilable and is obtained. Qorrc�v+r.r shuli pay �`,
<br /> th�premiums required to maintain mortgage insurance in effect. OC t9 PtOVIGC J IOSS 1'CSt'NC,until the requiremen, for mortgn�e _
<br /> � ; insur�mcc ends in accordance with Any written aFreemeiit be►ween 8orrower and Lendcr or applicuble Inw. _
<br /> 1 n, 9. In9peetion. Lendec ur its agent may make reasonable entrics upon and inspections of the Propcny. l.ender shall give -
<br /> Borrower notice at the tiine af or pri�r to an inspectian specifying reusonable cause for the inspection, -
<br />_;;';+r�:,,.�.�•�� 10. Condemnatian. The proceeds of uny aw�rd or cluim for damages, dircct or consequential, in cannectian with nny _
<br /> coademnatian or other tnking of any part of the Froperty, or for conveyance in lieu of condemnatian, are hereby assiBned and
<br /> °"� shall bc paid to l.cndcr. L
<br />=��� � In the event of u total takin�of the Property,the ptoceeds shall be upplied to the sums secured by this 5ecurity I►istrument,
<br /> `::s-� � whether or not then due, with any excess paid to Borrower. In the event of a paniAl wking of'the Property in which the fair
<br />-� �, markct value of thc Property immediately beforc:the tnking is equal to or greater than the c►mount of the sums sccured by this =
<br />-.=- Sccurity lnstrument in�mediately beforc the taking,unless Bonuwer and Lender otherwise agrec in writing,the sums sccured by _
<br />-'°i, r� � this Sccurity instrument shall be reduced by the umount of thc proceeds multiplied by the foUo�ving fraction: (a) the tatnl
<br /> '--'���' amount of the sums secured immcdiately before thc taking, divided by (b)the fair market vulue of the Property immediately
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<br /> ;��p�-� before the taking. Any balance shall be paid to Borrower. In the event of a partial taking of the Property in which the fair �-
<br /> .�t 7�'. market vulu�af the Property immediately before the taking is less thun the amount of the sums secund immediAtely before the
<br />`:�,t�^`�r;." . taking, unless Borrower and Lender otherwise agree in wr�ting or unle.ss �pplicablc law othenvise provides, the proceeds shall =
<br /> . ,w be upplied to the sums secured by this Securiry Instrument whether or not the sums are then due. L
<br /> ',.a' If the Property is abandoned by Horrower, or if,after notice by Ixncler tc�Borrower lhut the wnde»iuur ofFei�s to�uake An �_='
<br />_�z,�`; award or settle a cluim for damages, Borrower fails to respond to Lender within 30 days nfter the date thc nottce is given,
<br /> _•�-��.�•.. � C.ender is zuthorized ta collect and apply the praceeds,ut its option, either ro restoration or repair of the ProPeny or ro the sums
<br /> __-;;,,x,1f secured by this Sec:urity Instntment,whether or not then due.
<br /> n��'�;�?!?� Unless Lender and Borrower otherwise agree in writing, any upplicatipn of proceeds to principal shull not extend or `
<br />'-"�`-�- postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments.
<br />�`""�'`�� 11.Borrower Not Reieased;Forbearunce By I.eader Not a.Waiver.Extension of the time for pa��ment or modification _
<br /> �._:;,�;,�,, of amortizntIon of the sums secured by this Security Instrument granted by Lender to any successor in interest of Hoirower s{�all
<br />--y�..,,y�� not operate to release the liablliry of the ariginal Borrower or Borrower's successors in interest. Lender shall not be required to
<br /> .,"i�� commence proceedings against any successor in interest or refuse to extend time for payment or atherwise modity umortization
<br />- i—�,s of the sums secured by this Security Instrument by reasan of any demend made by the originul Botrower or Borrower's
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