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<br /> ^ - S. �8a�or �' Iiu�mnce- Boiro��•er shall kerp the impravemea�u ao�r exi��or h�er�eaft���eA on the �..;tir..
<br /> < i� : l� .' pn�perty iasured'a�ainst lass by fim.har.�uds icutuded w7thin ti�term'exteaded cover3ge" aad an}othe�ha�uds. tmtuding _
<br /> . � r '_ � floods or Aood'mg. fm ra-�ic�a�.ender req�ims iasutance.This insuranoe s6a11 be msinr�irned in the amounts aM for the prriods
<br /> °. tt�st Lentler c e q u i�.7'�e iasuranse canies pro�iding the insumtue sfnll he chosen by Botrower subject ta LeRder's agprova9 .. .:
<br /> � �r•hic�sttxfl ttot� unr�mr�ably crithhel�L [f Bormwet fails to ca�aintain rnversge described above. Lender ucsiy. at Lender's �. °<
<br /> _`T°�� uption.obtain cmerage gopratect Y.ender s riglxts ia th+e Fropetty maccordance with paragiaph 7.
<br /> • Alt in5ur,a�me poticies�nd renetvats sfia[i be ac�pta6le to E.�d�r�d shall inctudc a� �tgage cla3iss. L�ade� —'.
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<br /> ,,,`�.v. shali 6atie ttue�m hold tPte poticies and�ewaLs.tf Le�er�equires.Borroaes shaif Ps'��P�Y Sive to Lender all re�eipts off .,
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<br /> - . paid piemima►�am3[eue*�val rsntic�s.In d�e ev�t of loss.Boriotir•er shall give prompt notiee to the iasurazme camer und L.ender.
<br /> � ixnder u�ay make�oaf mf lass if ant cmde pmmp�iS'bY Bor�va•er_ ,. .�
<br /> � � � Unless L�sd�r and Bom�er othemrise aSree in writiag.i�uar�ae prooeeds shall be applied w re�ordtian or r�air of the
<br /> `.�•, propert,f damaged. if ths rntorution ar rep-air is eronomiatliy feasibte and i.eader's seauity is smt te�sffiod.If the�aorarian or F.;'��;::".
<br />"�' � �e.pair is not ecronamicalay feasibte or lxn�er's secwitg nnald be l�wed.the in�uaace pracee�s shall be appiied to the�
<br /> � � �� ' seaired by ttus Securit9v Iasutimead,whether or rxi�tben dur.with any exoes�paid to Borran-er. tf Sormwer ahand+ons the
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<br /> � � P�r�pezty.ar dots sw�aas�es within 30 days a aarioe finm f.a�that t6e insurr�cc�c�rier has offered to s�tle a cfaim,tGea - _
<br /> �•, ,, r `_ Let�3er may couect tde msuraace pmooeds. Lender may ase the pmceeds to �aa or testoie the Ptoperty or to pay� _.-
<br /> � • - ;�. ' secaQer�.hv a�is Security �astruar�t.a�t-.er or nat th�due.'!he 30�dap periad w71 begin wh�n the aatiae is givea ;;
<br />- . ���' LTniess I.end�aud Eormn�r otherwisc ag�ee ia writing. any application of ps�cee3s to principal shall not ext�d or t;; •
<br /> � �,� �' , , post�sne the due datc of the mo�6ly payma�ts teterred to in gatagraphs 1 and 2 or dmttg$the amount af the paymw�.If "_.,'•',-
<br /> •� � ' under par�graph 21 the�'m�ty is a�q�d 63+l.ender.Borrawer's ri�u to aay insutause polides a�praceeds�sultinS fmm �.,;. ��'.
<br /> :-_' , '_ �s in tlte Ptope9ty�iar to tiie�isition shaU pass w Leader w.the exlt�pf.dtc§�s se�.vred by this Sa�vuiry Ia� '," ._
<br /> .• . �, �mm�iately prior to th�aoquisitiuxi =; � .
<br /> ,. �. � •' ` • �.�s Ftt�vatioa.A1ain�aaae and Pbatect€on of the Ptv�resty:8arrowc�s Laaa App�an.l.�ds. ;�;
<br />- �f � ��" Bcurower s�a11 oo�y,.�ablish.aad ase thc Pcopeny as Borrower s prinri�al.�ideace withia sixty days after the exe�tion of `_.,
<br /> this Seaui ry Tasunmca� and sha11 oanti�e to aocupy tbe PropeRy as Borrnwds princ�ipal�esideac�e for at least one ye�aftet �y:,(,°:
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<br /> •� � . tUe date af oocvpa�ccy,cmless Lender ath�ri�agcees ui writing,which car�nt s6alt aflt 6e�blg with6etd,or�less �., -
<br /> � ' : ' e�g cit�tanoes exist wticb aae beyond Bortvvver's aa�nl. �orivwer shaU IIot desuay. damage or imgair the �:..;�:
<br /> :.' .. Prapzrty.altaw the Ptmpaty w d�rate.or aomnrit cvaste on the P�apeaty_ Somnurrd shall be in defanit if auy fi�feiwre �;..;�.:
<br /> s ' . a�ion or pmaadit�c��ttdcer civil or crimin�l.is began that ia l.eridra's�+rad.faitb jadgment oonld resnIt in forfe.itmre of the �='
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<br /> �'� :' .-: ." : pmperty oT atheswF�m�ueRalIy im�as the lien c�aied tsy this Sewrity In�urr�tt or I.end�'s sec�uity iiue�st.Bormwer maY r'�:�
<br /> y cane sac�a defmi4R az�3°•iastate.as�mvided'm parag�rh l8.bl►wasing dtc IIdion or pmreeding to 6e disrnic�+ad with a taling ;' �:
<br /> .,j<`_ . ` � ��.s gaod fazth d�natimi.�udes forfeitute of the B+orcower's int�c in the Paopeny or other a�ateria! 'j;.,ti:;�:
<br /> "'' �of the lim c�eated fcg"cl�is S�cunty Iasa�natt m Lender's secatiry inteczst.Bosmwes saaII atso 6e in defaWt if "�:�:'
<br /> �,.�•-'. .f Bmroa�rer.diuing e7he tte3an�plir�tian ytaaess.gave mateaialty false us inaoau�ne mfo�matioa or statements w I.eader(or failed .
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<br /> '�'. �� w pmvide!8a$er amf► any noaLerial mfaiszration)in oom�ion aritt�the Iaaa evideACed by the Not��ctufi�►S.but asr!1iu�ited -
<br /> _ _ __. • .,, �p���oas ooac�mnS Bm�o�ver s oxupatuy of tl�ee Propeny as a g�incipai residen�e.If this Seaffity�t is on a �
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<br />'�..,� . �; leasehcTs�,Bmrotver si�aU comply with all the provisioas of tfie tease. If Borrower �cquires fee title to the Pro�ty. the
<br /> �Y '.. I�cn'r,tT anb the fee titIIeshall not merge tmless Ixnder agrees b�the merger in writing- �:
<br /> � ' � :. � 7.8�+ni�to�of I.Ead�'s Ftig�ts tn tDe Pmpeity.If Bonvwet fa�s�a perform the cmreaa�s and�neats oa�sin�d in ;.v';-
<br /> '"�` '.. .,; t h i s S e a u i ty I n s t c a m e r c 3.o r W e t e i s a l e g a l p m n c�e d i n g t h az m a y s i g a i S c�s i y a f f e t t I.e n d e r's ri�h t s iA:tfi�P c o�t y(such as a r:---
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<br /> . Pmoeeding in 6anl�ptc.y.Piobaze.for oond�mation or forfeitare ar w eafyince laws az regaladons).tfb�L4ader may do and , �_`'�
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<br />�` ,:,:,� ' pay for w�atever is nec�ssary to gcvte� d�e vaiue of the Pcope�ry�d L�estd�r's rights in the Pc4p�st5- Lende�'s actions may �-__
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<br /> � , : . �, iAClade P�Y�B�Y�►+� �Y a liea whic� Ins piia�over this Seruriry in� �►S �� DaY�g e_.
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<br /> ... '`:a �asonable attom�ys'fv�ead eatering aa the�ierty to a�e a�airs.l3lfharigh Lend�c u�r takC astu�ra u�der this paiagragL
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<br /> , ,:g�yrt� 7.L�enderd02SRatJi;t��lOd054. �°`'.
<br /> pay amounts�d by L�der under this Qatagraph 7 shall &�e sdditional debt of 1ior.�wer ser�ued Dy this •,��:
<br /> ,' �' .,., ., Seciuiry itutrnment.lTnless Botrower aad l�ender agee to other teims of payment.these amounts slsal3 Qmur intecest ftom the ±
<br /> ' � dzte of disbwsemem as me Note rate a�sd shall be payab2e.with imenst. upan notioe from l.ettder w Bonoiver requesdng
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<br /> 'i;l ��11iort��Ipssvanme.U Lender required mortgage inauaaoe as a oonGitian of�g the[oan�cu�d by tt�is Security ._.'
<br /> � �• � .. i-',� pterni •
<br /> ,�, �' r=, L�r a m�t.B o�r o w�a�all p a y the ams r e q u i r e d to maima�n the mart�pge intivramoe in eft'ea. If, for any �ason.the ��_.,,.
<br /> �f'��;.�. :: � � mortga�e iruuraaoe ca�erage raq�ui�ri by Lender lapses or c�ases ro be in effect.Bmto�rer shall pay the pre�miums reqnired to
<br /> �i • .. ' o6tuta a+average snbuamtialYY e�5,�aa tv the mon�age in�,�+�•pn�,iousty in effe�. at a wst sutsstaniialty eqnivnteat to the
<br /> �°.�.`." ;4.''. .�. � aost tr�Tiommver af t�ma ic�ur�ace previo�sly in effec.K.f�om aa altemate mort�age insuner appmv�by i�eMer. if � ' ��
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<br /> ���' �• .. .y; ; substnrtialh'equi�'a�ma�tgagc iusummce ooverage is aot availaDfe.Bflmorrer shall pay to Leader each month u sam equal w
<br /> ���� ...' �. ;l� or.�e�-.tftb of th�Se�rl�rn�ng�ge insvrnnce premium being paid by Borro�rer cvhea the insuranoc ooversge lapsed or oeased[o ..
<br />�:.,:•` ,..� ` be i�+rLfe�.L�et wis.l ase aad retain thae payu�ettts ru a loss reserve in lieu of mortgage insur�ce. I.oss reserve
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