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� � �— _ -- � ,a�,�.,..,-- ---,t. --- _' _._ _.f r i't._.�?/�'' �r i�� ' ir►a�rance proceeds. Lendere may uoe the proceeda to rnpair ar re�tore tiie Property or to pay sums aecwed by thio Sec►ucity Inotrument, whether or r►ot then du�. Tha 30 day gariad will l�egin when thr notice iv given. Unleac Lendera and Borrower� otherwise agree in vritiny, any application of proceede to princi�al ohall not extend or pootpwie the due .. LiaC� pf th� Fai�nwrt rofArrw�ri tn �n n�rAaranhw 1 Ant� � Ar ahange thE irt1011i1C of the paynent. If under paragr$ph 17 rhe Property �o acquirea by Lender, Borrowere� right to any ineurance policies and proceede reeulting f rom damage to the Property prior to the acquieitian ehall paea to Lenders to the extent of the sume secured by thie Security Instrument immediately prior to the acquiaition. - 5. Presexvation and Maintenance of Property; Leaseholde. Borrowera ehall not destroy, damage or subatantially change the Property, allow the Property to deteriorate or commit waste. If thie Security Inetrument is on a leasehold, Borro�rers ahall comply with the provisians of the lease, and if Borrowere acquire fee title to the Progerty, the leasehold and fee tftle shall not merge unless Lendera agrees to the merger in writing. 6. Protection of Lender's Riqhre in the Property; ldortqage Insurance. If Borrovers fail to per£orm the covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may eignif icantly affect Lend�r's rights in the Property (such as a proceeding in bankruptcy, �rcb��, fo� M.*��tia.^. �r �a �^.for�e lac:*s or rsgulationsl , then Lenders may do and pay for whatever ia neceesary ta protect the value of the Property and Lender's rights in the Property. Lender�s actions may include paying any aums aecured by a lien which has priority over this Security Instrument, appearing in court, paying reasonable attorneys• fees and entering on the Property ta make repairs. Although Lendera may take action under thie paragraph 6, Lendera do not have to do sa. .. pn� �mminta riiah»rn�ri h� T.nnA�ro »nA�r thiRa �araar?nh {s ahal,l het�Atlle -------- - -------- ----- ----- - - additional debt of Borrowers aecured by this Security 3nstrument. Unlees Borro�rers and Lenders agree to other terms of payment, these amounts ehall bear interest from the date of disbursement at the Note rate and shall be payable, �ith interest, upon notice from Lendera to $orrowera requesting payrt►ent. Zf Lendere required mortgage insurance as a condition of making the 3oan aecured by this Security Inatrument, Borrowera shall pay the premi�s required to maintain the inaurance in effect until such times as the requi.rement for the insurance terminates in accordance with Borrorrers' and Lender�s rrritten agreement or applicable law. 7. Inspection. Lenders or i�,�nder's agents may make reasonable entries upa� aisd inapectiona of the Property. Lenders shall give Borrowers notice at the time of or prior to an inspection apecifying reasonable cause for the inspection. 8. Condemnation. The proceea'�s of any award or claim for damages, . direct or cansequential, in c�iection with any coridemnation or other takin4 of any part of the Property, or for conveyance in lieu of condemrxation, are hereby assigned and shall be paid to Lenders. In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Security Instrument, whether or not then � due, with any excess paid to Borrowers. In the event of a partial taking of the Property, unless Borrowers ansi Lenders othsr�ise agree in writing, the sums secured by this Security Instnunent shall be reduced by the amount of the proceeds multiplfed by the following fraction: (a) the total amount • of thz sums secured immediately before the takin�, divided by (b) the fair - market value of the Property immediately before the taking. Any balance shall be paid to Borrowers. �