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<br /> _ substantialty equivolen�rt�artgu�r insarnnce coverage is nat availuble, Barrawer shnll pay to �nder ench month�sum equu ta
<br /> "►� onc-twclR6 cf'the yexrly mott�agc insurnnce premium bcing paid by Borrowcr wlicn thc insurnnce coveragc liips�d or celscd to
<br /> '��A� be in effect. l.endet w'ill nccept, use �nd rei.ifn these payments ns il IOtiS rescrve in licu of mortguge insurana:. l,ass reserve
<br /> ^ p:rymcnts may no ion�er he rcq��iral,nt the opcion of I..ender, if murt�ngc in5urnncc covcrngc(in thc amount und for the period =
<br /> , ��, thnt Lcndcr requires) providc,�i by an msurcr upprovc,�l by I.cndcr�gain buomcs uvnilablc und is obtaincd. {3orrower slic�ll pny R
<br /> � � the prcmiums required to mAint�in monga�e insurnnce in effect,or to provide U loss reserve, until the requirement far mortgage _
<br />_:.,:�� insurance cnds in accordance with nny written agrc�ment bctwec�i Barrowcr nnd Lender or applicable law.
<br /> •r�•.�� 9, InsRecttun, L,ender or its agent may make reasonable c�tries upon nnd inspectians of the Property. Lender sl�nll give
<br />_,_ti Borrower notice at ihe timc af or pri�r to an inspcctic�n specifying reusonublc cuuse far the inspcttion. —
<br /> _�:,�;�� 10. Condemnation. The pra:ecds of nny uward or cluim for dumages, direct or consequentiul, in cunnecdon witl�uny -
<br /> � condcmnation or other tnking of any pnrt of thc Property, or far convcyancc in licu of candemnation, arc hcrcby ussiancd and
<br /> ---�_ shall be puid ro Lender. �
<br /> — In the event of u totnl taking of thc Propeny, the procecds shall be upplicd to thc sums secured by this Security Instrument.
<br />";,�,� whethcr or not then due, with any excess paid to Boi7owcr, In the event of a partial taking of thc Property in which thc fair -
<br /> -- market value of the Property immediately before the taking is equnl to ar greater than the amount af thc sums secured by this
<br /> Securlty Instrument immeciiately beforc thc taking,unless 8orrowcr and i.ender otherwise agrcc in writing, the sums securecl by
<br /> this Security Instrument shall !ze reduced by the amount of the proceeds multiplied by the following fraction: (a) the total
<br /> " � , amount af thc sums securcd imrncdi�tcly beforc the taking, divided by (b)the fair market value of the IProperty immediately
<br /> ''"��� before the tuking. Any balance shall be paid to Borrower. !n the event of n pareial taking of the Property m which the fair °
<br /> �° market value of thc Property immediately befare the taking is less than the amount of the sums secured immediately bsfore the
<br />''•��`-� taking, unless Borrower nnd 1..ender otherwisc agree in wnnnB ar unlcss applicable law otherwise provides,the procceds shall
<br />'�"�� be upplied to the sums secured by this Security Instrument whetlier or not the sums are then due.
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<br /> ___ If the Property is abandoned by Borrower,or if,after notice by Lendr,r to Borrower thut the condemnor offers to make an
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