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<br /> `~r•'��� S, yazard�r pmpert�r Insuran� 8orr'ower shall ke�p the improvements nol�existing or hereafter erected on the
<br /> ' � Prvperty insurcd against loss by fire. hazards inctaded within the term"extended coverage' and any other daza.'ds. inctu�
<br /> .`. .�;�'�° . tloods as ilooding.for which Lender requires insutance.This insurance shall be maintained in the amaums and for the periods
<br /> thut Lenctar requires. 'Phe insurance carrier providing the insurance shatl be��hosen by Bnisower subject to l.ender s approval
<br /> `�����r` "V� �vfuch shulh;ROt be unreasonably withhetd. lf Borrower fails to maintaia coverage described above. l.ender may. st Lender s ,�`'.�,
<br /> ' � ��"'� optioa,ahtain caverage to protect Lender's rights in the Property in z000rdance with paragraph 7. ' '
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<br /> . :'.:s._::;., Aii in�anoe policies and reaewats sR�!1 be acceptabte to t.endcr aad sirsi! inclade a standar+d mortgage slansc. l.ender �--`-
<br /> .-� • shssll have the right to hold the poticies aztd rene�wats.If l�ender�equires.Borrower shall pmmpdy give to Lender al!receipts of
<br /> - . �.•:'r. � paid premiutus and cenew.a}notioes.In the event of iass.Borrower sha11 give prompt aotice to the insutance rarrier and Lender.
<br /> '� ''''" Lender mng muke proof of loss if not made pmmptly by Borrower. . S�
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<br /> �::. Ua?ess Lender and Borrower otherwise agree in writing,insuzance Pmceeds shall be applied to mstoration or zepair of the = .
<br />.-- - Property dams�ge�,if the restoraiion or repair is eoonomically feasible and L.ender's security is not lessened.If the�storatinn or �` �.
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<br /> - � '`.::: nRair is¢iat,�onomically feasi'ble or l�uder's secvriry woutd 6e lessenad,the•i��*a�oe prooaeds shall be appiied to the sums ,:;�,,:,
<br /> `��§;,',`:•:.�<;..:-;` ." secured bj�Flis Sewriry Iastrument, whether or not th�due. wiW aay excess paid ta Bormwer. If Borcri�rr abandons the
<br /> �� ; '� ProperlY.ar;dues not answer within 30 days a notice frbm I.ender that the insuianoe cazrier b��tffered W s�a a claim.then ,;��.�
<br /> �". ;�,:.:"; Lender ms►y..coltect the insurance pmceeds. Lender cc�y use the praceeds to repair or resta�r�PcopertY,ar to pay sums +:,•.<`
<br /> '`'�� � secured by thiri�Security IaStrum��whet�t or not tk�d�e.The 30-day period a+ill begin whan�e�totioe i��+en. -
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<br /> :.,' UnIeas,ix�der and �wer otl�eerwise agc+�?n,�.wr3ing, anY aPPlication af proc�eeds to principa��u2i not e�ctend or :
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<br /> ,' `�`•-': •� postpone dw�due date of t��Y Fa`Le�us�:�a.ia.�a�agiaghs 1 artd 2 or change the amomu�;ae payments. If .
<br /> `� ;:;�>`.,�; unde;p�ssgre;t�21 the Prdperty is acqu+�3ry Lencl�z E�*:�ax�r s r,�t to any insurance pol��'ses and proceeds resul'ritt,,e€r.�m
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<br /> ��,:_,.:'� damage-ta thur!►�oFerty Prior w the acq�oa sI�a1I pt�ss fa L��:�.:�e extent of t6e sums s�z�i by tttis Security Inst�seat `y
<br /> . .:;s.,'.; . immediatety q�ior to the acquisiaon. . �� .
<br /> .' ''���;; �� ' 6 Qeculp�ncy.Pr�ervat[on.Maintenanee anc�t 1An�ect�on of tde Propert�+;Borrower's Loaa Ap�tEcn�;Leas�i�is. --
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<br /> ,.:;:' ` �': and use the Propert�,�Borrower's principal residence within sixry days a`teu.�e execution of y ;` .
<br /> ' ::s:�.;':�_ Borrower s6Wl occupy.establish, .,
<br /> this Security:in�r�„�.nt and sha11 condnue to occupy the Property as Fomnwer's principal resi��ce for���one yeaF�k3er
<br /> ,'�`,..•:. �� the date o�oracpancy.unkss ixnder otherveise agrces in writing,whicl�conseat shalt not be�'•c•,vichizela,or�Eess -
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<br /> :v�•.• :: ' extenuati�g rincurnstances exist which are beyond Soirower s.�ml. Borrower sAa11 na'�-r�esao�c.dsma8e or impair the ..=
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<br />. �. Piroperty. a1f�w the Pmperty to deteriorate,or comm¢�waste on the Property. �uzrower shffi;i.�e in de�u]x if any forfeiwre `.:�:;
<br /> `"'';'-'' : ' aetion o�pmceoding,wh�tt►er civil or eriminal.ls begcm that in Ixuder's gaod faith judgment could�ic m forfeitune of the '+,�-
<br /> �: .:� ;-... ;�.: pc�spetty oe:ot�te�+ise um�erially itapair tttc lien created by this Secsa,'.?�y Instniment or Lendes's secprity imerest.Barrower may t`-='
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<br /> �}'�.,.� ;;; cure such a.d�anit and ieinstate.as procT�w paragraph 18.by c�asing the action or proceedir�to be dismissed with a niljng -
<br /> :��„�'„�;, ' ' that,in Laider's good fstith detem�inuion,Pretludes forfeiture of the Borrower's interest ir��fs:Pm�terty or other material .:: ,
<br /> ''t ,•,'�;.��'; ' ; impairmcnt�of the liea cceated by this Security Iastrument or t.ender's security interest.Borrower shall also be iu default if 'e,.:•
<br /> :,ti''..y:..:�:::..; ; Borwwes;¢tuing the loan application process.gave materialiy fatse or inaccurate informarion or staiements to i.eader(or failed ��
<br /> —�:�a��� ��- � ta ptovide:L�der with atry materiat iciforma[ion}in connection witt�iftC iuttu eviJCtuxd by itt�I�ate,iacit:diag,bsst ttot!'smise� �--�:^
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<br /> ��,� • to,rep�atnu9ns vonceriring Sorrower's ocsupancy of tha Propeaty as a princip�l re.gidence.�tf t�Security Insuument is on a
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<br /> ... • ._>l,,, . � leasehotd..Blarrower shap wmply with all the provisions of the tease. If Borrower aoq�s.�e title to the Propetty. the
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<br /> . � �� ;�� leasehoid und the fee dtte shali not merge untess Lcnder agrees to the merger in wsidng. . ..
<br /> , i i; ;• � 9.Rat�t3on oYl.ender's Rlgtits in the Pt+nperty.If Borrower fails to perform the oovenatt[s a�ad agreements contained in :
<br /> ;;.:•�";..;;.;"•;' .;.�. thia Securir Ingd�ume�rt, or thene is a le rooeedin that may significantl affe,ct Lender's rt in the Pm �g.,
<br /> :,; s�;�, ��.� f• �P 8 Y �� P�Y.(sach as a
<br /> .}s�ys,�, ., � p��ng,fni Etc}nIauptcy,probate,for oondemnadon or forfeiture c�10 enforce laws or reguL•,�te:r�s).then Lender may do and �_,_
<br /> :,�:•n�i��''f •, pay for•wlisli`cr��is neoessaqr to proted Ne valae of the Propert�r�Leader's rights in thc�rp.erty.l.ender's actinns Lnsy �:-
<br />_ .•�.�t`°::s`,•. �; '= • include swag secuted b a tien whiah has nori over this Securi Instramern, aPPeari?�•in court. P�YinS `�'_
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<br /> �°'' ,•�:-%;;:. �t� � � r.easocu►bta�attomeys'fees and entering on the Properry to maice repairs.Although Lender may[uke acdox aa�^cs tlus patagraph
<br /> '�'� ` '�� � 7.Lendar daQS not have�o do so. , - ��` -
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<br />' ,>',.'r� ;, • At�j�amuunts dlsbursed by Lender vnder this Patag�aPh 7 shall beoome addidonal &�1c�af.Botmwer seaued by titis g:� ::
<br />- '''�� Secarit�j IInsuument. Unless Borrower and Lender agree to oiher termv of payment,these a�rr,�.:*c�shall t�ear interest fmm the
<br /> ��,� 1 �
<br /> 't� ' ! date o�diabwsement at the Note rate and shall be payable. with interest, upon nodce from Z,cnder to 3�nnower requestin�
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<br /> ',t��,,� � ( payment.. . ' � � ,o,:.,,,
<br />- �,: ;"`,;,. •. ' S.NdzcRgage Luvrenoe.If Lender required martgage insurance as a conditvrae of malcing the toan sec�:-��1 by this Security
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<br /> ,• "��;'"?"+�'''' i : Insin�mantr,��w�;sha11 pay the prr�ams required to maint�»the mortgage Insurance is�effecx. If. for siry reason. the
<br />= �:�;�`�'�s�7�'l' ' � mortga�c:iAF�.lrance Coverage required fiw�R�,ettder lapses or cea.ses Wi�e in effect.Burmwer stm�t pay the premiums requitod to
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<br /> ' ,:?r>���;�,; • obtain co�+xrage substan t i a f ly equiv a teut;,.us t he mortgage insurar.�z•�evious ly in e ff e�t.a t a c a s t s u b s t a n t i a l l y e q u i v a t e n t t o t h e ._
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<br /> �..:. , ; oost ta Hur�ower of the moagage insurdnce prevlaus�y in effect, �'rom an altemate mortgage insurer ap�roved by Lender. If r:.;,
<br /> ' ` ����"'t'• . f substantialPj eq�uvatent mortgage insurance covemg¢�s not avaa�a�le.Borrower shall pay to Lender each month a sum equal to j.:.
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<br />. ••.•;,'i R;�', ., 5 one�tvr�iftii of the yeariy mongage ins�s.�aace ptamium�being pai�t�r Borrmv�r when the insun�cE ooverage lapsed or ceased to �t..:,
<br /> f''{�'Qj�'= • � ba in cfB:ct: Ldmder will ucoept,use a�retain thae paymeau as a toss reserve ia�licv of murr�ge insu�unce. Losa raserve .�.,•
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