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<br /> ;; 7. Protection o4 LendeP�Rtghta in the�rc�ertyt. �t eorrower rans co vmtorm me covenaMS ena agceemancs �.'� �: ,:`��°` :'
<br /> . . " +L•� contained tn this�ECUrRy InsUumsn�ar there is e f0�t proCe�d's�g th&t msy signBtCBntty 8ftect L.enders rights in the ProPeRfl(SUCA es ` `y . . .
<br /> � : . ` l a praceedin9 u�6ankiuP�Y�Probete.for candemnatton Or forfe3ure or M enforee laws or regutattons�,then LOnQer mey do 8nd OaY iPJ . • . .
<br /> � , whatever ts neeessary to proteet the vaNe W the Property end Lertdets righta in the Property. lendets ections may �ncA�de payirig
<br /> .. � . '` any sums secu�d bY a�esn+nt�tch 1�as P��Y o+rer this Seau3yr In�rumenL eyDearing in court. Oaying re�sonebls atWmeyrs fsss and� • .�. �° ,•�
<br /> . � .,k ... entering an the Propertyr to make repahs. ASthhough LenQer may talce acNon under this paragraph 7.Lender daes not have to da 50. • ,
<br /> My amounts disb�u5e0 by lsnder under this paragraph 7 shaU become add�iona! debt ot Borrower secured by this Securdy�
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<br /> , ' . . � tostrumant. Untass Borrow� end Lender agre9 to other terms of paymen� these amaunts shail bear interest irom the date of� , _
<br /> • • � disOursement 3t tRe Note rd[8 end shatl Oe p8yab19.w�h c►terest,upan notice irom LenQer to Borrov�er reques2Ng payment � `':
<br /> ` � 8. M6�8$@(flSt1►81ICE. It Lender required mortgage fisuranC9 as a condltion of inek6�g tAe toan secured DY this Sewr$y� • � , �__ �
<br /> _ ' � Instrumen� Borrower shail pay tne premhims reQuired to asaY�tein the mortgage�+surance in eHeet If,tor eny reason,tha martga�e _;`
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<br /> ' .�_�,,,' insurene9 coveraSe�equhed by Lender tapses or ceeses to be tn etfec4 Barrower sAaD pay the premiums cequtred to obtaln cov�age� ..�s�'-
<br /> , , substaniiaUy eputvatent to the martgage Ensuranee prevJOUSry in eNect.at a cast substanUaQy equNatent to the eost to Borto�rer ot tAe� , `f
<br />� - . . martgage insurance prevtoush in�ftec4 irom an aB�nata mort9a9e �surer eDDroved by Lender. if suCstant�lry equi�ratent mar�qage� �.,�:•
<br /> Insurance caverage is not ava�7abls, Borrovier ShaD pay w lender each nqonth a sum eqral to onedvreNttf at the yearty mortgage � ;-
<br /> ` - I` insurance prem�m 6ehg patd by Borrowar when the insurance cover�ege tapsed or eeased to be fn sRect LenQer vnU aecept,use end ° `• < :�'`'.�,.
<br /> retain tAese paNments as a foss reserve tn Ifeu of mortgage inswanee. Loss reserve Dayments may no tonger Ee required. &t the ` .
<br /> , � option of Lender, if moRgage tnsurance covaragB (in the amourK ana far the pedad that Lender reQuires)prov[ded by an h�surer �
<br /> - approved by Lender agafi Eecames availabte artd is obffitnsd. Borrowar sRaD pay the prem4+ms �tted to mafitaln martgage � • -� .-
<br /> �' � � . insutance(n eftect. or to provtds a toss reserve. en�7 tAe requUemsnt for mortgage insurance ends in aocordance with any vrt3mn �`°'.. ,`� �_�.-,
<br /> � agrieement between Borrower and Lendet or appGeabis lavi. --
<br /> � � 9. In�ectPon. l.ender ar�ls agortt maY make reasonabte entries upon and inspections of the Property. Leeder sha0 gtve -
<br /> '. Borrower notice at Ne tirne ot or priar to an inspecdon specityring reasonable cause for the inspecUan. ` __--
<br /> ;� .. ' - 10. Condemnatton. The proceeds ot any award or ciaim tor damages. dUect or consequenfial. in cennect(on �nr$h eny _
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<br /> condemnaUon or other tektng of any paR of the Praperty,ar tor comrsyance in Iteu of condemnaUon,ara herehy ess�nsd end shaU be . _
<br />- ' � - ' pafd to Lender. , --
<br />:`�- • In me event of e total takEng o!the Property.the pmceeds shaU be sppQed to the sums seeured by thls Security (nstrument, '
<br /> ' ' � � wheffier or noi then due.w�eny mccess paid to Bortawer. In tfie event ot a p8rttai ffiktng of the Rroperty in whbh tlle tetr mer(cet -
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<br /> ' vatue of the Property imrtiedtaWHy betore the faking Ls equai W or greater then the amount oi the sums sewred by tMs Sscur�y
<br /> -t; < '; , ..-.�; Instrument immediatey before the taking, un(ess Borrov�er and Lender otherwtse agrsa �wrfting.the sums secured by this 3acur7ty ,��, � __ -
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<br /> ' ' '"' � msbument 5tia1! Oe reduced Oy the amaunt ot the pmceeds mu�tpfied by tha fo�owtrtg fracUon: (a) the total amount of the sums
<br /> SeCUrBd (mmedlately bBfor6 Me teking,div(ded bY (b)lhe fatr martc9t v8v9 ot the Propetly 4runed'gtety be/ore the tBkEng.My baiet►Ce ' .��"'
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<br /> ' � shall be paid to Borrower. In tfie event of a partiaf faki�g ot the Property in which the fair market vaiue of the Property immediatery r..
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<br /> , , before tha taking ts less then the amount of the sums secuwd immed(atety befare the taking, unless Boaawer end Lender otherwise t .� � �f�.�- -"
<br /> . .. ,. , agree In writing or uniess eppl&:apte law othenvisa D�ovides.the proceeds shBR be „ .rSyp��
<br /> apptied to ihe sums secured by this SBCUr@y '. ��
<br /> � • ✓ Insmiment whether or not the sums are then due. ����
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<br /> . ' If the Property (s abandoned by BoROwer,or N,efter notke by Lender to Borrower that the condemnor ofters to make an award ar �:: �k-
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