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<br /> . S.Hl�zs�rd or Propertty 1��sE.srance. Borrower ahall keep the in�prove��nents now exisung or hereafter erected�n the Propsrty ��� -
<br /> ingured against luaa by fira, hta.v'ds included wi[hir► thc ccrm "extended coverag�" and any other haaards, including floods or -
<br /> . tlooding, far which Lea:�z^r mcst�ites insurance. This insurance shall be mainiained in tha amo�una and fbr the periods thac l.ender :�,���, -
<br /> . � requires. 'Ihe inswnxv,:e c�asde�praviding the in3urance ahNl be chosen by Dorrower subject to Lender's approval which shall no� .,
<br /> '*�' be unreasonably withtr.ld. If Da�xower faila to maintain coverage desc�ibed above, I..ender may. at L.ender's option, ob[ain
<br /> covernge to pratxt l.,e�rs's dE;hit in tha PrapenY in�►ccordance with puagraph 7. .
<br /> ' All insurflnse po1�Is's�s and tctt,wals shall be acceptable to Lender and shall include a standard mortQage claus�. Lender shall «�;�_,�.
<br /> n �
<br /> '- -- �avc ti�:. rig�t[o nolsi a�� pvlir..tta and rencwaln. Ii I.e:��ai [cyuiic5, Dor,.o��.' sl'ta11 gremp:l,o�P tn iender all receipts of paid _ _�.�'���n.-.�--_
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<br /> premium.s amd ren:wa.l.n��ices. In the event of loss.Bonower shn11 give prompt nodce to tha insurance currier and l.ender. Lender ;.��,,;�^�
<br /> .v.;r,�,;�,s�.v,
<br /> may make proof of lusa if n�at mzx12 promptly by Bonower. ..t�:
<br /> Unless L,en�.er arara Burr4wv�x otherwlse agree in wridnB, insurance proceeds shall be applied to restorndoa or repair of the .,;__,
<br /> Properry dam3gad,if th: rGSCUration or repair is econamically fea.cibYe and Lcnder's security is not lessened. If thc restoraaon or ,rt�;;=,o�
<br /> ; ,•:---
<br /> repair is aot ecommi�.ally ft�eble or Lender's securlty would be lessened,the insurance proceeds shail be applicd to the swms `�`t�,_-
<br /> "�� secured by tlils Sucurit}� It�saument, whether or not then due, with any excess gaid to Borrower. If Borcower abandon� the :�� .__ -
<br /> ti =�- -
<br /> praperry, or daes rvat ansa�r withit�30 days a notice from I.ender tl�at the insurance carrier has uffered to settle a clairn,then ,:�
<br /> �� I.ender may coL�x�ct the ingurfln:e proceeds.l,ender may use the proceeds to repair or restore the Property or to pay swns secured +�,�_
<br /> � by thls Security 8um�m:�t,w�rther or not then due.The 30�iay period will begin w hen t he no t ice is g iv e n. '�'" _
<br /> Unless Lend:xr am�aurcmver otherwise agree in wridng, any applicauon of proceeds[o principal shall not excend or pas�pone �,:L_�_
<br /> �; ;-�.__ _
<br /> � the due datc of the m�nthiy psyments referred to in puagraplis 1 and 2 or change the aznount of the payments.If under paxagraph >r�;..,ry.•
<br /> ';� Zl th¢ ProF:tty is acquircd hy I.eader, Aorrower's right to any insurance policies aad proceeds resulting from daanxge to tlte _;�:__;
<br /> '� Property prior to tku: as�3�isidon shall pass to I.ender to the extent of the aums secured by tLis Security Insuument immediltely ;�+,,,Q� -
<br /> �`�'"' prior to the acquxsido�a. � ' �.,
<br /> � . 6.Occa�panry,Pr��v;�don,Melnteaance tmd Protection ot the Praperty; Borrower's L,oan Appllcation;Leasehalds. .'<<:
<br /> '�, Bonowes s}��11 occa�Y,esu:blish, and use the Property as Bonower's princlpal residence within eiary daYs uftor the execution of `�`..
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<br /> ':' this Security Insuum�:�1 a.��ahall wnUnue to occupy the Properry as Borrawer's principal residence for at least one yeu ai�er the ,,
<br /> _�. • �
<br /> daie of oeeup�aacy, un4u;s I.�nder otherwlse agrees in wnang, wiuch wnseni shati uot w uu��aa�h;3' •^:.t�.'�d,ar '-'�-P°°
<br /> "' �xtenUa.,.i�,r�c�.tce�mmgc�,�.r;e:s cxist which are bcyond Bonower's conuol.Bonower siiall not desuoy,damzge or impur the Properry, .
<br /> '� alicny ttzr L�-nperty co detcrIorate, or commit waste oa the Propercy. Bo�rower shnll be in default if any forfeitura a�tion or �;
<br /> a�i, pr�ceedit�, wi�itt►;c �.ivil or crlminal,is begtu►tl�t in Lender's good faith judgment could result in farfeituro of the Progercy or �•
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<br /> � 071^tl:i�Vi3p iri1[t�?,Jp impair the Ilen created by this Securiry Inscrument or Lendcr's a�curity lnurest. Borrower may cure such n :�
<br /> de1[au�lb nu� tr.�nstate.� provided in paragraph 18, by causLig the action or proceeding to be diamissed with a rulin� that.in .
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<br /> � lutarles'e��a�faith dcterminatlon, precludea forfeiturc of the Borrower's interest in the Propsrry or other materlal itnpairrnent nf °,;-
<br /> tt�lian c•rc+ated by this Securiry Insuument or Lender's s�curiry intere�t. Bonower ahall also 6e in default if I3onower,during the
<br /> lonn ag�Hcadon process> gave materIally false or inncctuate informadoa or statementa to Lender(or failed to ptovide Lendar with _
<br /> att�y m3terial Wbm�aaon) in wnnecdoa with the lonn evidenced by the Note, including, but not limitod to, reprosentedont
<br /> ccsyr.eming Borrower'e occupancy of the Property as a principal residence,If this Sceurlty Instrument ia on n leasehold,Borto�ver ��
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<br /> . sts�H comp]y with all ihe provtaions of the leaae. If Bonower acquirea fes dtle to the Tsroperty,the leasehold aad thc fes tide sh�ll _ —
<br /> " � � , u�rY axrge nn(ess Lender agreea to the merger in wrlting. °
<br />_ ' ,, 7.Protectlon ot Lextder'e Rights In the Property. If Bonower fails to perforen the cov�nants and agreemtnts contaiued in E':
<br />_ this Securlty Insuument. or tl�ere is a legal proceeding that may slgaif'icantly affcet I.ender's dghts in the Propecry(such as a F'�
<br /> . ` proca,iiin�t in banlavptc�,probate, for condemnadcn or forfeiture or to en[orce luws or reguladons),then Leader may do an4 PaY ='��
<br /> for whatever is nxeasary to protcct the value of the Property and Lender's riSbts in the Properry. I.ender's acdons may includc �:a�-
<br /> - "•'� paying aqy sum� secured by a lien which haa prioriry over this Seciuiry Insminxnt, appearing in cuurt, paying reasonable N- --
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<br />� _ „� ��� � attomeys' fees and cntering on the Property to make r�pairs.Although Lender may take acdon w�dcr this paragruph 7. l.ender �_
<br /> �%� '.` ��`.`: does not lsave to do so. =�-- --
<br /> _ • � ��� pny amounts disbu=std by I.ender under this paragraph 7 shall become addidonal debt of Bonower secured by this Saurtry �,__-__ - --
<br />�:.. Insuu�ncrn. Unless Bonower and Lender agra to other terms of paynuut� [hese amounu shall bear intenet from the date of �
<br /> • disirurse�rxnt at the Note rau and sha11 be payable,with intcrest,upop nodce from I.ender to Bonower requesdng puyment. :�",�—
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<br /> . S.Mortgage Insurance. If Lender required mortgage insurance as a condidon of maldng the loan securai by this Securiry ��--- __
<br /> �� Insaument. Bonower sh�ill pay the premiuma nquired to maintain the mongage insurance in effect. If, for any reason. �h� �;'��°�"'"�`-�Y
<br /> mortgaAe ingurance cov�eruge requind by Lender lapses or ceases to be in effec[.Borrower shall pay the premiwns reynired to � �+���^�����a-�
<br /> li�ili+'�r�a�.
<br /> ��•; obtain coverage substandally equivalont to the mort�age tnsurance prcviously in effect, at a cost substandally equivalern to the I' ± -r L+�rf�r�
<br /> ..�';:'''- ' � cost to .�Borrower of the mongage insurance previously in effect, fro:n an alternate m�ngpge insurer apprnvcd by i.Qndex.[f �� '��;�`
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<br /> � � ; substanually equivalent mortgage ingorance covcrage is not avaitable, I3orrower shall pay to l.eader each month a siun equalta �.� ' .,,,.:�:,����__�:.
<br />� � one-twelfth of the yearlg+mortgage inturance premium being paid by Borrower when the insurance coverage lapsed or ceased to ;" ,�tr �.r:�,,,�
<br />- , be in effect. l.ender wSU accept, use and retain these payments as a loss reserve in lieu of mon�age insurance. Loss reserve � . � �,��`'•�•
<br /> r ' •��p�:�;�'r:,'
<br /> � Form 3010 9190 � . �_:,:•.-_.•
<br /> - ,� .. . p�pe�d 6 Imtwf: � .... .
<br /> .._.._. ._.. � ^.�76R�) 19I121.01 � .._.
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