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<br /> 98— ��jsc��o
<br /> '. 3� � S.li��rd or Property Iarur�nce. Horrowe�sh�ll kap tha improvcmer►�now exisoing or here�fta erocted on the Property
<br /> �' insurod�gunst loss by firc, h�v.erds inclnded within the tum "exteaded covcragc" and any othcr hayacds, including floods or �
<br /> ; y::,.,;�� Iboding�for which l.ender roquirw insurmce.Th�insuranca st�U 6e m�inWnad in Ihc amounts end for tho period�chat l.ender
<br /> . >:- �. -,�: requL�es.71�insuranco carrier providing the insurmca shal]be chosen by Borrowu subjaet w Ler�der s�ppmvnl which sh�ll not
<br /> � be unteASOn�bly withheld. If Horrowu fails to maintaln covernge describod above, IrenAer may, at I.endcr's Upttan, obtuin
<br /> r coverqga to protoct Lendu's rights in the Propaty in accoMance with paragraph 7.
<br /> � All insurance policies and m,newals shall be acceptable w L.ender and chaU include a atandard mortgego clauso.I.ender shaU
<br /> � have the dght to hold the policles ar►d renewals.lf I.ender roquires,Bocrowu shall promptly qtvc to J.ender all racipts of paid
<br />- premiums and re�ew�l notices.In the event of Mss,B�arcowa s,E►aJ.l give prompt nodca to tho insurance camiu and Lendu.I.ender
<br />• may ma�k�pr.00f of los+if not mado�nom�xly by Ro�ncawcx,
<br /> iJei�i..enda and�arowcr ainc7.�rise�ec ern wriiin�,ar.a�.�nce proceeds si�ati be aQguo�a restorebon or repair of the
<br /> ' �Pi*��8�•ff the reswrnooe ar r¢pa'v is eoo�mamically E¢�cih1e and La�da's socuriry is nou les�eaiod.If'the rcstoreti�on or
<br /> r�prur is na economkally fexsible or LerRfer's sxwiry would be less�nod,the irGSUraRCe pnwoafs thW be�pLiod to thc sums
<br />_ , sxucod by thia Security Insuumene, whether or not �due, wlth any e�ccess p�ud w Bamwer. If Bc�rm�awer�b�andons �he
<br />- Pmpasy.ar does nat answer witha.: 3�days a notica from 1��that the insurance carrar,�ta►s r•f��!20$cule a claim,ther� -
<br />, , I.ender may colloct the insurencc procoeds.Lendcr may use U►c pe�r.neads w npair or restora Iho Prqx�rty���ay sums socurod
<br /> ° � ' by this 5ecurity Instrtunent,whcthu or not thea due."glhe 3U-d�y pcaic�d will begln whcn thc natice is givcn.
<br /> � iJnlcss Lendu md Horrower otheiwisc egroe in a�ting,any applicadon of procood.9 to pdncipel s,ha14 mnt extend or postpone
<br /> � ' thc due datc of the monthlY paYma►ts refexrod to in par�graphs 1 nnd 2 or ch�nga the amount of the payme�aas.I�'under puegraph
<br /> 21 the�nv;p�zty is acquired by I.endu,Borrowu's righc a�ny jns;uance pollcies and procoods resuldng�om d�n�age w Q,e
<br /> Proper��ricv w the acquisitiai shall pASS to I.endrr w the taVcn�of the suma sxurod by thi�Secucity Tnsdrutr�erit itremodi:i2ely
<br />_ . prior ta thc ucqu�sitkxr.
<br /> 6.Oocupaacy�Prearrvatbn�Mainteoance aud I'rotect{on ot t6e Property; Borrow�er'e Low Appbic��ion;Leuebolde.
<br />__�� , �,;• ' Bomowa shaU occupy,esublisfi.and use the Progelr•r�as Bomowu's principal residence within sixry dsys aflur tl�o execution of
<br /> � •;�'.:'{� thfs Seciuity Insaumait u�d sh�ll conti�eue to occupy the Pmperty a9 Borrowa's principal residence for at le,�st one year after the
<br /> ��-��:;'°•:-r .r� Qf���*..�y. iilL��s Lr��! L�L��iG ��r� ir. �ridno, '.!'hlCh ��l.,_�lli sh9l1 i!0! 4!!� u��naFjly vyithheJA, �r�!�kcy
<br />--;r.;�;Clrc':yn[:�. �
<br /> . . exl�enwtinng circumstances exist which un boyond S�nower e control.Borrower s1W1 not destroy,darna6o or impuir tha Pcopaty�
<br />-- , � .. albw the I'ropaty to deuriorete.a commit wacte on ttw Pc+oputy, Borrowa shell 6e in default if rrey farfeiture actbn a
<br />�. ,�•� . � prooeedinB,whether civil a criminel,is begun Uu►t in Lcndcr's good faith judgment could result in fodeiwrc of the Propccty a
<br /> _,_.•�,,s._.__ _ , _
<br />- •• . , .- ai�erwise�iwiiy impair tne ucn cceaiecl by inu�au�iiy ii�auun�ni or i.eauu's exuriq inletts�l3omowu may ctere Sucn a
<br /> , ,•. default a�tl reinxtate.as provided in paragraph 18, by causing the action or procoeding to ba dLSmissed wtth a mUitg that, in
<br />-u,��{�;.'?;'�. Lea►du's�;ood Paith detrxminadon,procludes forfeiture of tho Sorrowa's intaest in the Propa'ty or olha mACerW Lnpairn�,ent of
<br />_���"�,;r�a, the lia�crtated by th3�Security Instrument a Lender's socuriry interost Barowu shAll�lso be in defiwlt if 8ormwa.dwing tho
<br />;:�r��,:;,;�. - lan applicetion pmces.v,gnve rtiatulally false or lneccurete infamadon a stuternents w L�endu(or failod to�rovidei.ender with
<br />_--..k;�, .. eny materi�l infamation) in connocdon with th� loan evidra�cod by the Note. includIng, but not limitec� to, repnesenutions
<br /> y�•:'f' 'a"�"";, co�caning Barowa'�accuponcy of t1►e Propaty av a principal residence.If this Socurity Instrumant is on a ka4etwid, Bv�rowu
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<br /> -----=-°�'"� � shall comply with aU tho pcovLdon�of the ka�e.If Aortowa�cquin�foc dtb W the Property,the]ea�elwld�nd the foe etk ahall
<br /> -=�-„"�`-,�-K . not mage ankss L,aida eg�oes to the merger in writing.
<br /> T -f����`�'� 7.Protectbu ot Lender'e R 6b ie ths If Harowu faiLs to am the covenants end ru:ma�b conteL�ed in
<br />-�_.'E�::_'�� • �i �3'• P�' �B
<br />-,.'.�T� — . thle Security Inatrumenb or there is a kg�l proceeding that may significu�tly affect Lender's rights in the Pro�r�y(such As a
<br />,.�'•islr;;,.
<br />- .'-:.*°°� P��B±n benkcuP�Y.P��.for condemnation a forfei�ure or to enface laws or reguladons).thea I,ender may da en�papr
<br />�°:
<br /> '�- for whatev�r ia noa.taery to prot�oct thc value of the Propaty and l.ender'a rights in the 1'ropaty.I.atda'�ec6ons may include
<br />�:�"".-`:� in an sums securod b p !kn which has in �n
<br /> peY 8 Y Y P��Y ova this Security Instruma�t, ePP�'�8 �+ PaY� B reasarwbk
<br />-',*•?�:.•. attorr�ys' fees e�vJ entering on�ho Propaty to make npairs,Althoogh I.ender may teke gction undcr this pAragr�ph 7,Lenda
<br />-�`'�:�� does not have a do so.
<br /> ' - -- My emount�disburxd by Lenda aixfer this Paragraph 7 shaU become addidonal debt of Bormwa secured by Ihis Seciuity
<br />',,,�t,_,�- .. insnumenG Unkss Bortnwer and Lender agree to other tams of payment�thcse a�nounts shr�l bear inruest fi�o�m the dat�e of
<br />�.,��.4.;,5 j%;� disbursement at the Note rate and shall be payable.wish intercst,upon notica from L�encler to Borrowar ro9�8 P�Y�G
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<br /> . 8.Mortga`e Insur�n.na. lf Lender rcquired mvngage insuranca as a condition of making the loan sccwed by thig Socuriry
<br />':'� • Instrument, Bomowrr s?�all pay the prcmiums reyuired to maintain the mongage Inswanco in effoc�Ii, for my reavon, the
<br />- •�',r
<br /> ����.�-.., ' mort�ge 3nstuance coverage required by I.endu lapses or ceases to be in e►rfxt,Borrowu shall pay the jxenut:.�u required to
<br />,; ,;,..
<br /> : �:.:., _
<br /> ;.,,,�.,,,•-.. • udlai,�coverpga subs'�ntially equivaile�t ro the mortgage insurance pmviously in effoct,at a cost substantislly equivalent 3o the
<br />�+ .,,� cost to Barmwcr of �he m
<br /> ortgaga insurance previously in effoct, from an alternate mortgege insiucr�pprovcd by Len�7cr. If
<br /> substantially oquivalent martgege insurance coauage u not availablo,Borrowcr shall p8y to I.endei eacti month a sum eqoal to
<br />` one-twalfth of the yeatiy moctgage in�urtu�ee prcmium bea�g paid by Borrower when tbe instuance coveraige It►psal or aased to
<br /> � ��._ be in ef54ct. Lendex will eccep� use and retair� ihese payment,g av a loss re,cerve in l�en of mortgege lnsurance.Loss reserve
<br /> Form�02� 9190 _
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