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<br />:«. , ` , ; above �esa�i6ed actiQns or claims. Grantor asstgns ta Lender the proceeds of any award or claim for � °
<br /> _, , . _ _�� damages connected with a condemnation or other taking of a!I ar any part of the Rraperty. Such - -
<br /> �= � � � proceeds shall be considered payments and will be applied as provisted in this Sewrity tnstre�menL This '
<br /> �; � � assignment of proceeds is subject to the terms of any prlor mortgage� deed of trust. security ,°� •
<br />-�.. ag�eement ar other lien datument �
<br /> _��; , , 19. tNSURAA[CE. Grantor sha{I keep Property Insured agalnst loss by fire, flood� theft and other hazards � - ��
<br /> �: ; . and rlstcs reasonabty associated with the Property due to its type and locatlon. This insurance shal!be � �
<br /> ;; , ; maintained in the amounu and for the perlods that Lender requires.The insurance carrier providing - . .�,;`�;;�.
<br />.�;i .. � ehe insurartce shall 6e chosen by Grantor subjea to Lenders approval,which shall not be unreasonablyr ` �
<br /> <3 � . � w[thheld. If Grantor fafis to maintaln the coverage desuibec! abQVe, Lender may. at Lenders option, , .c � �,�c�`;
<br /> ;:. � - obtain coverage to protect Lender's rlghts (n the Froperty aaording to the terms of this Security -
<br /> ',:; , . instrument. . �•
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<br /> ��� � AQ insurance policies and rertewals shall be aueptable to Lertder and shall include a standard � � � —
<br /> �° mortgage clause and.where app licable,°loss payee clause."Grantor shall imrnediately notify l.ender �"�;�:`
<br /> of cancellatlon or terminatton of the insurar;ce. Lender shall have the �i ht to hQld the alicies and � --
<br /> '�; , renewais.if Lender requlres�Granto�shall immediately give to Lender atl receipts of paid pr miums and � � [��'.'•�
<br /> � renewa! notices. Upon loss, Grantor shal) give tmmediate notice to the insurance carrier and Lender. ��^`�
<br /> (Y � .:-' 4 f:
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<br /> Lender may make proof of luss if aot made immediately by Grantor. '`�� '-=-'
<br /> �;' Unless otherwise agreed in writing�all insurance proceeds shall be applied to the restoration or repair ,' �..�,`�s
<br />:_f�_ of the Property or to the Secured Debt�whether or not then due,at Lenders optton.Any applicatlon of !.n_ .
<br /> �,•: ����, proceeds to prlrtcipal shall not extend or pastpone the due date of the scheduted payment nor change � .>._.
<br /> '�;;, , � . the amount of any paymen� Any excess will be paid to the Grantor. If the Property Is acqulred 6y ` ���� t,�:��'-�u�
<br /> � Lender,Grantor's rtght to any insurance policies and proceeds resultirtg fram damage to the Property � �,:
<br /> °��� -�': before the acqulsition shall pass to Lender to the extent of the Secured Debt immediately before the ":�'-•=�
<br /> � acquisition. ' �.:r� -
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