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<br /> �.� ' S� Hi7#fd 0! PI'0{MI'!y TIISpMMt. Borrowcr ahnll kecp �hc Improvemems now existlng on c�ruRcr cratcd on thc "'""' . --
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<br /> ��_;��h-' . Property hisurcA agalnu loss 6y�iw,hatards included wi�hin U�e�erm 'ex�ended wverage'and any mher harards, incluAin6 � •��;„ __
<br /> - (loods or flonding,Por which I.cndcr rcqnires lmurancc.7riis Insurancc shall be maimatn�:d i�thc amounts and fnr thc pcdnds :,„� —
<br /> �'s����r t thpt I.cndcr rcquires.The insunnce cardcr provlding�hc insurantt shell Ix choxn by Dorrowcr subjce��a Isnder's apprnvd � v�,1 ` �
<br /> „ +t}t' wLich s6a11 nm be unreasonably wOhAeld. If Borrower lails to maintain rnverage described abova l.ender may,a� I.ender's ���i:cr', __
<br /> dl` y optlon,obtain wvcragc m protcct Lcndcr's dgAts in�ho Property in accardancc wi�h paragraph 7. j�;�y�l��u=-?°—
<br /> ••��'1 -O All insurana poticies and rcnew3ls :hall be accepta0!e to Lender and shall include a s�andsnl amngage clause. I.cnder i�`.t.�'� �� __
<br /> "�' �� shall h�vc thc dght to ho10 thc policia and renetvals.If I.cndcr nq�alres.Oorrotiscr shall pro:*ptly givc�a Lendcr all rcccipis of k'' "' ' -- .. -:
<br /> ;'� t � ald rcmlunu and rcnew�al notices.tn�he evem of loss,ltortower shali Ive rom 1 nollce to�he insurance carrier and i.ender. �i r`% �`� ° '��'�.
<br /> �s+7V��"R P P S P P 'S +�,J� �, � -,_
<br /> , �_ _ ��� Lm�der may nukc praof of loss if mm�mde prompdy by 6orrowrr. z t:_ -� 1}�` ;�:± :.-
<br /> S�r��t�� Unless Lcrvler and Dorcower othcnvisc egrcc in wri�fng,insurancc pmcceds shall bc applicd to res�oratinn or rcpair of�he - -S.� `s ', _�
<br /> Propeny damaged,if�he rcsmm�ion or rcpair is ecouomiealiy teasible and l.enS:r's a��riry is na Iettened.If the rcstora�iun or ;, } G
<br /> �r j3�� rcpair fs not ccosomically(a�sible or Lender's securi�y�vou!d ia;I.ssened,tM inmrance pra�cds shall 0.appli�d to�hc sums t � yi zc� +- s, _-
<br /> � ,�. securcd by this Sax�riq• Insaum:m, �vhether or no� th:n r_�e, wi;h an��exttss paiA to iSortower. If llorro�cer abandons the -- � i � `
<br /> # --Y. Ftuprty, or daK not ans�cer wi�hln 30 days a notiR from I.ertdtr that the insnrance carrier h.iti n((ered to senle a claim.�hen f g r ��•c �
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<br /> c i `<- Leaxttr m2y eollcel Ihe inaitam procecJs. Lender may use the procads ro r.pmr or rts!ore �he Propcny or�o pay ximc _�� r ., j -.� .
<br /> -�, _;� seeufai by this S.rurity Instmment.��'iniher ot not�hen d�t.The 30-dny pe�iod will btgin uhen�he nolice iz giran. s;d?,�$��i� ;�� `=-;-.
<br /> , ` Jy'�• Unleu I��r.ier and Dnrro�cer othxnvise agrce In wmin�, any application of procecdi to principal shall n,� rncen.S or k�.ry,f}� ?,j'.r�n,t!
<br /> . �.�'r'�! postpone �he 4ue date of�hc momhly paymems rcferrcd m In paagraphs I and 2 or change IRc:unount of thc paym.mc 1:' >�'�y,��� y+�}�j{., _:
<br /> ,��a�,'�4�y�- under paragraph 21�M1e Propeny is acquireJ 6y Lender, Qorcower's right to any insurance policies and pmaeds«sel�ing from �'IFiz�fi�1�� �.,::._,
<br /> r� t�-�t;y damage to Ihe Prqn:ny priorto the acquisition shall pass to Lendc�to the cxlent of the sums secund by this Scrurit} 2ns;n�m.crie ��e��;,. «1���n�..;..•:
<br /> a��v���" '.� immedia�ety pdor to the ecquisition. ;f.�' �th'`��}� �'`=�
<br /> -- -i`�,5a�Tf;�' 6.Occu,ark}�,Preservatlan,117xin?�n,nce and Protttilon of ihe Properly;Uorrower's Loan Applirnlion;Lcateho;d:. �J{��y}t�t�.,f�ryti�_,___
<br /> `'�+ 'J�t% Borrower sA,R a.cu esia6lish,and us.�th:Pro n as Oo�rower's rir.ci al residence wi�hin six� da s after the ezeeWion of iiv�(«X���,��"' `-.
<br /> 4�'`S�t4 r, 3 PY. PY Ix Y P P P P y Y y f,��rnFKx��1�z�ii��.
<br /> -_t�y,'��z�x this Securit•Ir�v.mment and shall contiuuc�o accu �he Pro n as Dorrower's rinci al rcsidence for a�Ieas�one car a0er f �r�n 4��t'�'.._ ;�
<br />, ,;;s fi�y��.t the da�e of occuptncy,unless Lender oihenvisc agrca in writing,nhich consenl shall not he unreasonabiy wilhhcld, or unless i+y.Lf;yr2�{' �r�,;
<br /> � � a!f extenuating drcunutances exist which erc Myond 6orroutPs mmrol. Rorrower shall na datroy, damage or impair �he {,r`/t��,���yf'i��ti..
<br /> yz��� Property, allow�he Propeny to dGCriorate, or commi� was�e on the Pmpehy. Bortower shall be tn defaul� if any forfci�ure -�s,,�'rrf���t�t}+�:;
<br /> v�y���' actlon or proceeding, whe�her eivil or crim3nal,(s begun�hat in Lender's good faith judgnum could result in fodeimre a(the ti �'��}tfy/,fil ---
<br /> � }i',r'�'r Propeny or o�herx�lu materially Impvr the Iien crcated hy this Sauriry Insuumem or Lender's sccurity interest. 6orrowcr may � �t��{��?��"�:e`=
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<br /> enm such�defauh and rzin:ia:t,az provided in paragrsph I8,by causing�he actton or proeeeding to be dismissed with a mling �,�}.-t� �ri� ,—._
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<br /> ��S'�'fa < .z.,i, L-� Lcndce'.gU,3 T.�iY :Fseriratiar� Gr.zlu:.>S;,'•d;u�ef tht Gar•�er's �rter�t ir� eb:::ap;.ny a::a�:r mar.ria! -g _ _ .
<br /> ��i}t��`;� impalimeni of the lien crectzd by Ihis Secnrily lns�rt:n�tnt or Lender's xcuri�y interut. Dorro�cra shall also bc in defauh if ':;; ' 1f+ {�f�y
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<br /> a��11 Borrower,dudng�he loan application procw,gavs m;terialty falx or inxecurz�e in(omiatioa or siatemem:�o Ler.der(or falled _.}�__ .r� �j� -
<br /> i.�y��t]_�� ro providc Lendcr with any material InfomiatloN in connmion wi�h�hc loan cvidcnttd by tAC No�e, including,but not limi�ed �i�;;�
<br /> rti}j '� ro, rcpresentailons mnceming 6orrou�er's occupancy of ihe Propeny as a pdncipal raidentt.If�his Security 6iswment is an a y_ M1 ' ' X!<<_�
<br /> a z� ,, � Icaxhold, Qorrowcr shall compiy with all �hc provisions of the Ieasc. If �orrowcr acquircs fec iide to �he Pro�ny. �hc - w }'������� �_
<br /> J � "Y Icaschold and Ihc(cc titic shall nol nkrgc unlcss Lendcr agrms m thc mcrgcr in wri�ing. z , - ` �C =
<br /> F [- � 7.Prolectlon of Lender•s Rlghts In the Properly.If Uormicer fails ro perlonn�he covenams and agrcementscontaineJ In t�? � ---� -
<br /> t�r i���' Uils Sccuriry Inswmen4 or�hcrc is a Icgal praccding dia�may significamly affeci Lendcr's righ�s in �hc Prnpcey (such as e <1�_ ` �i x+ +�? �
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<br /> ,;,��„ pranding in bankruptcy,pcobatc, far candcrosatian or forfciturc ar ro cnforcc laws or rcguia�fons), �hcn Lendcr may do and d_; �,� �m n
<br /> ��Y-�.t r}, pay for whalcvcr is nccessa�:�o protect ihc valuc o(thc Prop:ny and Lcndcr':rieMs in �M1c Propcny. Lendcr's ac�ionz may ,.µ`-:' E,�i�i�`;
<br /> 5�7�'�y� (ncludc paying any sums sc.ured by a licn which hns piiovity ovcr �his Sctunty Inxtrumcnt, appcaring in coun, paying t j� z } _.
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<br /> fi p t.< < � rcxsonablc auome}-4 @es nnd entcring on�he Pro�xny to make repairs.Al�hough Lendcr m�y txtr aaion under this pangraph ;,� _^_
<br /> �'F�fr� . 7, Lcnder docs noi havc to do so. _ y* � i. �
<br /> �x�Sf'�t��� Anp nm.oar.is dixbur:d by l.cndcr uncicr this pnragaph 7 shall become adJi�ionol d�bt nf Borrow•er secureJ by ihis -�; s ? �;,5
<br /> � +-_- +# Securiiy Im�mmtm. Un!ess 6orrmvcr and Lendcr ugrce�n othcr temis of pa��meN,thesc enwuNS ihall bcar in!rrcsl from Ihc s - n r��;' �
<br /> r w� ' � r clate o(disbursement a� Ihe No�e rate and shall be p�yaA!e, with inlercst, upon nmice (rnm Ler.der tn I3orro�ver reques�ing - -�' 11� sc> y'� :
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<br /> r j�75�. 8.M11onKage I�uurancc. If Lcndrr rcquircJ mongagc insurar.:c as a conJiiion n(making thc loan mared hy�his S.ccrita --i•� i �n�",i�_
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<br /> �� ��Yk.'= mon a o in u�r nce covec.��Prc uired b n'Lenducl3's�e ormasesatn ba in et(c��Rnunu•cr shall�f a�t�ha rcmi�nu e��rcd��o �f N'�`' ."�7!'�%-`
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<br /> v subslenli Ilv e uivalent to IF.c mmt a r inmrancc rcviuusl•in f •n a rs � 1 nti I • 'v • 1P'� r
<br /> .. y ,3 ob�aia m crogc a . q g g P Y c f. . t a� i ubs a a ly .qw ahm ro thc i:�
<br /> �,�;�,�j�..�;j eusl lo Bovo�rcr ot�hc mongagc insurence pttvinu.l�� in effcc�,from an altcmatc mongxgc inmicr appmved by Lend:r.lf /�}-,.1.{ ;,����7 Y{ _�
<br />.-.;;:�j!'i;,��,; substar.tfally equivalent morlgage insurxr.ce cortrage is nm avaJa9ie. Dorro�eer�hall pay lo LenJcr each monih a.um Cyu.+:lo ":��}� .. ,-;�, '�
<br />-��'�i�•.=�Y�� onc•luriflh o(tht enrly mon a c inwrer.ct retnium b.in aiJ 6�Dorrowcr a�hcn thc imcrancc covcra c la scd or ccav:d lo ;f' �i��•-•. ��• •�.
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<br /> _ :: bC inef(ect.ler.dtr wili:¢.ept.usr ar.d reiain thcsc payn�rr.b ax a insi rexen�e in licu of n:nngage inwrarcr. Loss re.en-e yt� '� . - � -
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