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<br /> . : 9?-� 1(326'7� ►
<br /> S.lie�srd or 1'roperty Insurance. Borrowcr shull keep the impmvcmcnts now cxisdng on c�mm�Jtcr crcctcd o►�tha Propcny j ., .
<br /> � [nsurcd tt�ninst lass Gy fira, ha•rnrds includcd wilhin tho te►m "oxtcnded aovcrnga"nnd eny athcn c�uards,includina (]crodc or � �
<br /> f]axlinF,For which l.ondor m,qutrca Insuran�a.This insurnreco sh�116c rnaintnincd in thc amounts and for thc perlads�thnt Londur .
<br /> ..,.�.�:� rcquiros.'Itiu insurt►nsa cu�rlcr pmviding�hc lnsurancc shall ba choscn by Borrowcr subjcct to Lcndcr'x appravol wf�ir•h shnQ nat
<br /> •�+�� Gn unmasannbly wittthold, If 8nrrowcr fails tn maintaln covcregc dcscdbed abovc, Lcndcr may, ut I.cndcr's ntinian, cibt�in '�
<br /> cavr.rt�o to pmtoct l.enAor's t�i�lq.g in tho R�aperty in occordnncc with paragra�sh 7. ;, , '
<br /> All insuranco�ltr.ios and rencwals ehail bc ncccpu�blc to Lcndcr and ahall irtcludc a stendnrd rnongagc cluus�. l.ondur shnll t� •••
<br /> � hnva tho rl�tn to hntd Qio{�Aclev and renewnls. If Lender raquires,BoROwer shaU promptly give tn Lendcr all re�eiptp of paid �•-
<br /> � � . : prcmitam�and ranawal nadces.ln tho cvcnt of lo.�s,Bartawcr shall givc prompt notiw to thc insurnncv cnrciar und l.cmdcv.Landor .;r�r-._
<br /> , mny malco pmnP af los.9 if not madc pnnmptly by Durrowcr. �':`�;-T.
<br /> � . Unlrss Lendcr nnd Dormwer otherwisa agrcc in wrlting,insur�n�a proceeds shsll be appGed to restoradon ar rcpair of�ha '.; �:��,;��a'
<br /> ; n.�
<br /> Prolxvty Asmuged,if tt�a rastomtion or repair is economlcapy feasible and Lender's security is not lessened.If thp rrsstaratian or '�,�1.";__
<br /> ' � repair is nnt econamicully fcasible or L.ertder's securlry would be lessened.ttie i�nsurance proceeds shaU fxs appAnd to tho sums ��
<br /> . �-.--
<br /> � � � . .; ' aectuad by this �ecuriry insuumant, vthether or not Ihen due. with any eACess paid to Borrower. if Bom►wr,r ao:�adnas thc ---=__-
<br /> Froperty,or da:s not answar within 30 dnya a notice from Lender that the insurance cartier has offered to seul� a ctnim,d�pn {"t-°
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<br /> , Lendet tnpy calloct tha instu[tnca proceeds.Lcnder may use�he proceeds w nepair or restore the Praperty or to pny sums sacurcd 3= --
<br /> • b this Security Insuument,�vh�ther or not then due.'I�e 30-day periad will begin when the notice is given. "'M�
<br /> YE,,,.�.:..�.
<br /> Unless Lender nnd Borrower othtnvise agree in wridng,eny uppHcaation of pc+ocecds to principal s6ell not extond or postpano _
<br /> � thn duc cinta af tha monthly p�ayments referred W in paragraphs E and 2 or change the amount of'the payments.If undcu paragmph .,�``�:,
<br /> ' ' . *�` b Lender Sorrower's r: ht to en insurance licies and roceeds resuldn from.dnm�o ta tha :;��.-�;:
<br /> , 21 d�a Prope�ty is ncquirnd y , 8 Y Po P 8 ,.,��v.,,--
<br /> Propeaty prinr to ttio acquisidon shall pass w Lende.r to the eatent of the sums s�cured by this Security Instrumant immadlntuly ��_;:``--
<br /> prior w thc acqiusition. �c:`_:�`-",
<br /> . 6.O�cupAncy,PreservAtton�Mainteaance and Protection o�the Prop�rty; Borrower's Loan Applk:atian i I.P.as�ehoW6. _-
<br /> � Bomn�v�r shall occupy.ostablish,tmd use th�Propert}r as Borc�wer's principal residence within sixty days efter thp e�ocution of !-�'
<br /> ._ - ;lyi;g�..:usr;Ist°�t�m�t ans!cl��nnu�r tn�rr.��Fy tl�e Prqnerdy Pc Botrower's�rincinel residence for at leest on0 y0dr aftot th0 ��
<br /> ` date of occupaney,unlass Lendar othe�wise ngrees in wrivng,which consent shall not be unreasonably witl�hpltl, ar unluss =
<br /> � �tenuniing circumstancas oxist which are beyond Bonower's control.Borrower shaU not destroy,dama�e or imp�ir dia Prnperty, �
<br /> . allotiv thn Property to doteriorate. or commit waste on the Propr,rtty. Borrower sh�U be in default if any fmfuituro actian or '
<br />;, � ,';��. .' procoedit�.whethtr civil or criminal,is begun that in Lender's good feith judgment could resa�lt in farfeiaue of tlta Fcaparry or -�
<br /> _: .,���'� oihcnvlsa nr�teriaUy iinpair thn llen created by this 5ecurity Insmiment or I.ender's security ir�Yeres� Borrower mny ctuo suc�i a .e _.. ____.
<br />'�',. �� � dcfeult nnd reinstato, as provided in paragcaph 18,by causing the acdon or proceeding to be dismtssed with.a ruUn�thot, in -
<br /> -- ';�,,`�� 4�, I.onAar's good faith dutcrminadon.procludes fodciture of thc Botrower a intenst in ihe Ptoperty or ot6er mattui�l impaumm►t of i
<br /> � �'•�-. � th�llrai c'f�ud by this Sceuriry Insuumeat or Lender's security intereat Borrower shall aLso be in default if Burro�v,�r,dw�ir��tho
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<br />_ .,�,1.•,�� la�n app7icmbon pTncass,gavo matecially felse or inacc�rate infar�maUon or statements to Lendcr(or failed to pmvida I.��dcr wxth
<br /> ;._ � :�,, nny maic�icl information) in connoc6on with the loan evidencecl by the Note. including, but not timited to, m�pre.wntfldane
<br />_'� '� `" concamin6 Borrowcr's occupancy of the Property as a principal residence.If this Security Instrument is on a�lEw�ttnld,Barrowrlr
<br /> ° '�`��"�`� shall camply�vith ap tbo prov3siona of the lease.If Borrower acquims fee title w tS�e Property,the leasehold and it�a fea dtlo shnll
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<br />- ��,__ _, nmt mex�e unless Lendr.r agrces to the merger in writin$.
<br />�'�";�?��'{: ;� 7,Pa�o3�ctto��ot Lender's Rig6te Sn the Property. If Borrs,wer fails to perForm the covenants and agreernonter conuunal in __._
<br />%1.`'==; ,:`;, �h�s 9ecurity Instrument,or thare is a legai proceeding dhat may significandy affect Lendcr's rIghts in the Ptnpesty(such�s a
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<br />.�,, ''• procoeding in baN�u�nlcy,pmbate,for condemnation or forfeiwre or to enforce laws or reguIadons),then Lendtu mny da and pt�y
<br /> -_ "�����'�� for wbatever is nocessary to protect the velue of tha Propeaty and Lender's rights in the Property.Lender's t►cdonE mny includo _�__
<br />=�r'k ';��tf�:� pn sums sectued b a lien which has nori over thia Securi Instrument,a n in couct, p�yin i�san¢Ulo
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<br /> -�= '•�Y`�•������ attomoys'tces and entccing on tha Pmpeny w make regairs.Atthough Lcndcr may take acHon ander this ps�ph 7,Lcndor �.-
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<br /> Y»�;'�i��+:, dn,s n�1 hAVe to do so. —
<br /> ._•�.-.•���-:;= Any amoi�nts dlsbursod by L.endei under this pazggcaph 7 shall become additional debt of Sorrower sec�und Uy thla Security Y:--
<br /> '����;'�`'.���• lnsuu�� Unlass Bonower and Lender agrce W other terms of payment, these amounts shall bear intorost fcnm the duw of --_.--
<br /> ==��,�:��.`.°", disbarsemtnt at 1he Noto rnte and shall be a able,with interast,upon nodce from Lender to Borrower �:'::
<br />=,� P Y requasdng pAymenU �,,
<br /> : 8.Mortgago It�surance. I[Lendcr mquimd mortgage insurance as a conditian of making the loan secivad by UiiF Sc�curity ---
<br /> Ins�ra�mran, Borrowar shall pay the premiums cequir�d to msimiain the mdngage Insurance in effect If, fnr any raason, tho �'.-'`=�W
<br /> _ ' mior�g�nga insumn�o coverago requircd by I.cnder lapses or ceases to be in effect, Horrower shall pay tho premimns roquired w � ;���°
<br /> - " , �� o4�tnin covetago sabstantialty equivalent to the mortgage insurance previonsly in effect,at a cost substt�nnttally equiv�lent to►he ^ ��'�,:���
<br /> =� � �•��. S oost to Borrower of tho mongag�insurance previously in effect,from an elternate mongagr insurer approvad by Lenda. If �• �� ���-•
<br /> �;:::.._ . .
<br /> _ , :; sub°tar�a�ly equivalent mortgago insuranco covernge is not available. Horrower shell pay to Lender each mnn►h a sum uqual to -
<br /> � ona�t�volfth of th°yeatly mortgaga lnsurance premium being paid by Borrowec wher►the insurance coverabo lupaed or cra�ed ta
<br /> , � be in effoc� Lender will accept, use and retain these payments as a loss reserva in lieu of mortgage in�unnccs. Locs mseavo �.
<br />_ � Form 9028 O/fl0 ...
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