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<br /> •�; �� 5� Iluxard ur Property Imurunce.lic►rro►ver shall k�ep thc improvenicnts uow cxisting ��r iicrcaRcr crcctc�l an thc
<br /> • �� Pm�ny insured against loss hy fire, hazarJs iizciudcd �vithin thc tcrm "cx[ended rovcrag�" u��d any u�hcr h�u.ir�s, inclucling
<br /> ,.�,;>,�
<br /> '�' •�<_��' ihxHls ur li�xxfiog, fur which I.ender requireti insuranca This insur.mce shall be maintain��l in the mnnuntti and fi�r the perials
<br /> `E� �I,�rt Leu�irr reqnire<. The in�t�raitee c::irrier�roviifm�the in�ur;�nce�h�ll he choticn hy Anrr�tvcr tiuh:ect tn Lend��r'� �+ppr��val
<br /> ��'� =� whidi shall nut be unrcusunubly withhc�d.If 3orruwcr fails t� mzintain covcragc descri6cd abovc, Lendrr may. nt L.cnder's
<br /> '�-�'"_�� uptioiti,obtai�i cu�•cragc t��protcct l.c�idcr's ri�hts in thc Property in a�Yardanrc;with parabraph 7.
<br /> �.�!'r'� All insurancc pulicics and rene�vals sh,�ll bc ncceptablc to L.�:ndcr and shall includc a standard mortgugc rlausc. Lcndcr _
<br />_�i-??'� shall havic ehc right to hold thc policics and rer,ewuls. If Lcnder requires,Borrowcr shall promptly givc to Lcridcr:�U rewcipts nf
<br /> ' .i:�••�°.� paid premiums and reitewal noaices. yn the event of luss,Honower shall give prompt notice to the insur�nce carrier and l.ender.
<br /> `��'�x" ��� Lendcr mai make roo6 of loss if not madc rom tl b Borrower.
<br /> ,a�'�;,: Y P P P Y Y --
<br /> `�.',•;:`.�.'���; Unless l.ender and I3orrower otherwise agree in writeng,insurance praceeds shall be applicd to restoration or reptir uf the °
<br /> ."'���'f��"� Pmpeny damaged,if the restoratian ar�pair is economically feasible and L.ender's security is not les.eened.If the restoration or _
<br /> ::• �,f =
<br /> -- �! �:� repair is not economically feasib(e Ar Lender's security would be lessened, the insurance pinceeds shall be upplied ro the sums =:
<br /> '.,''r,..�• _
<br /> `.�.r`;'#r., : securcd by this Security Instrument, whether or not then due, widi any excess paid to Burruwer. If Borrower abandons the =
<br />—�r�,�� Propeny,ur dces not answer within 30 days a notice from Lender that the insurnncc carrier has uffered to setQe a claim,then --
<br />��.,�.;�� Lender e�iay collect the insura�tce proceeds. i.ender may use the proceeds to repair or restore tl�e Property or to pay sunu _
<br /> �• �ccured by this Sccurity Ins�rumens, whcthcr or not thea due.The 30-day perirxl witl bcgin when the nutice ia bivcf�. _
<br /> �C.J�Ti�� -.
<br /> Unless Lcnder and Borrower otherwise agree ien ��riting, any appllcation of procecds to principal shall nat extend or
<br /> �'�;n postponc the due date of the monthly puyments referr��d to in par�graphs t and 2 or changc thc amount of thc payr.unts. If -
<br /> --:-x�h�� under paragr.i{�h 21 the Propecty is acquired by Lender,Borrowee�'s sight to any insur.►nce policies and procecds resultin;from "
<br /> —,;�; dnmagc to tlie Propcn�r priur t��^.c acquisition shall oass to Lendee ta the extent of the sums secured by this Secu�•ity Instrumcnt
<br /> :: ,,,.f -
<br />_'e_=��u� immccliatcly prior to the acquisition. !
<br /> �,�,�� 6.Occupancy,Preservatlon,Maintenance s►nd Frotectfon of the Propertv:,�vrrower's Loan Agplication; l.easeholds.
<br /> ��,��. �orrowcr shall occupy, establish,and use the Property as Borrower's principal residence within sixty Jays aftcr the cxecution of _
<br /> --==;�e�s' this Security Instrument and shall continue tu occupy the Propeny as Aorrower's principal residence for at least one year after
<br /> ��� the date of oecupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld,or unless
<br /> -�.�:._:�
<br /> extcnuating circumstances exist �vhich are beyond Eorrawer's control. Borrower shall not destroy. damuge or impair ttie •
<br /> .�;s� _ �iONci2'j. Ft�i'vR%i(ic �iC�Ncii'j 2G u'ctci�3idtc. �P wiu:�::i i5�a�tc vi� Ilic cfuNciiy. tTiwttu�i%ci 5�idji uc li a'ic(aUt2 ii ary fv�:,:'aliiC
<br /> _;��-�-a action or proceeding, whether civil or criminal,is begun that in l.end�r's good faith jadgment could result in forfeiture of the
<br /> - Propeny or otherwise ntaterially imp3ir thc lien created by this Se.:�+r.iry Inswment or Ixndcr's security intcrest.Borrower�nay
<br /> cufe such a defnult and reir�sta[e,as p*u�a�ed in paragraph 18,b���.;tn�sing the action or proceeding to be dismi�sed with a�iSing
<br /> tl�at, in Lender's good faith deternunation, precludes forfeieure of the Bonower's interest in the Property or other mutexin� '
<br /> ';;� impairment of the lien created by this Security Instrument or Lender's securic+; interest. Borrower shall also be in defautt if =;
<br /> —�� Botrow�er,duritzg the loan application p�sxess,gave materially false or inaccurate infonnation or statements to Lender(or failad --
<br /> - to pmvidc E.cndcr with;u►y material iufc�:��ation)in cannection��.;t;�.the loan evidenccd by the ir!ote,including,but not litnital
<br /> n--:�-_=— to, representati�ns conceming Borrower's cxcupancy of the Prop:aRy as a principal residence.If this Security Instrument is on a -
<br /> leaseliold, Borrower shall cumply with all the pro�•isions of th:�ease. If Borrower acquires fee title to .the Property, thc
<br /> '�� . Icasehold and the fce title shall not merge unless Lencfer sarees tn the mergcr in writin�. --
<br /> ,�� 7.f�rotection of Lentier's Rights in the Property.If Borrowe�fails to perform the covenants and agreements contained in f
<br /> this Security Instrument, or there is a legal procceding that may:ti�ni,ficantly affect Lender's rights in the Propeny(sueh ns a
<br /> .� Nroceeding in bankcuptey,probate, f�r condemnation dr forfeiture e�g.to enforce laws or regulations), then Lender nwy c(o nnd
<br /> •___ pay for whateve� is necess:►ry to protect the value of the Property and Lender's rights in the Property. Lcnder's actions nvy
<br /> includr, paying any sums secu�td by a lien which has priority aver this Security Instrument, appouring in court, paying
<br /> ��� � m.�►sonablc uttameys'fees and entering on the Propeny to make repa�rs.Although Lender may takc nction undcr this pa��graph
<br /> - � 7, L,cnd�r does nat ha�e to do so.
<br /> Any amaunts disbursed by L.end�r under this p3ragraph 7 shall become additiunal debt of Borro�ver sccurcd by this
<br /> Security Instrument. Unless Borrower aied Lender agree to other terms of payment, thesc amaunts shall bcar interest from thc
<br /> '�� • date of disbursemcnt at the Note rate and shall be payable, with intere.st, apon noticc from Lendcr to Bonower rGqucsting
<br /> ;'� payment.
<br />-;��! 8.Mortqage Luuranee. If Lender required mortgage insurance as a condition of making the loan secured by this Security
<br /> � Instcument, Borrowcr shall pay the premiums required to maint�,in the mortgage insur.u�ce in effut. lf, for any m,nsan, the
<br /> � mortga$e insurance coveraqe required by l.ender lapscs or ceases to be in effect, Borrower shall pay the premiums rcquirai to
<br /> ti� obtain coverage substantially equivalent to the mortgage insurance pre��iously in effect.at u cost substantially equivnlent to the
<br /> � cost to Borrower of the mortgage insurance previously in effect, fi�om an alternate mortga�e insurer approved by Le�ider. If
<br /> !ID�� substantially equi��alent mortg:ige insuTar►ce coverage is not t�vailable, Ronower shall pay to Lender each month a sum equal to
<br /> „�as,y
<br /> ;R�:_�� one-twc�lRh of the ycarly murtgage insurance premium bcing paid fiy�orrower when the insu:�am�;coverage lapsed or ce:ucd to
<br /> ^'��:� be in eft'�;ct. Lender witl accept,use and retain these payments a�ti �9��.c reserve in lieu of mortgage insuranee. Lass rcserve
<br /> '�� Form 3028 919D
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