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<br /> 98'� �(i��L.��
<br /> S. H�ard or PrupertY Insurance. Honawer xhall keep the improvemante �ww eafstinQ ur rre,� ex erected nn the ,
<br /> Pm}xny tnsvreJ against loss Lender�c�r.�y;�ns irnn e W'Il�is insurance Nshall be mxintxic�edMin the��+�nw n�.s and t�C�the�xdc►c!x
<br /> ficn�ls or flooding, far which �1 ,
<br /> �t��eT�qu��s. The ipsurance canier praviding d�e iiuucwlce s1�a11 be chosen by BorrawCr subJecc to Lender's�prov�t
<br /> which atttll not be w�ceaso�bly wit�held. If Borrower fails to mxtntain cov�rnge described above,Lcnder m�y. �c I..�txkr'b -
<br /> opti�n,nbtain covernge to protect L.ender's righta ln the Property in Acconlance with PACwBraph 7.
<br /> A���naur�nce policias and mnewals sball be acceptable to I.endor And slu�ll lncludo�stan�nrd mc�rtg�ge cluu�e. Lend�i
<br /> stu�ll►u�yo the dQht to hold the policies and renewals. If Lendar requlns,Bunower si►all pmmptly give to Laxler�il cec:eihw af
<br /> �;d p�emjura,y ancJ renewal nndces.In the event af]oss,Bnrtowot sha11 giva prompt natice to the ins�urAna csuti�r�l 1-��i•
<br /> I.ender tp�►y make proof of loss if not ma:1s promptly by Borrower.
<br /> U��as Lepdtr Atxl Borrower otherwise agree In wridng,in.�►uance proceeds sk►All be applial to restondon or repuir of the
<br /> p�openy oxmx�cu,if iuc a�st:.;�don ot reg�±r iA e�nnomic�lly feasible and Leader's security is not Iessened,lF the restor�dun or
<br /> repdr ie noe economically feasible or Lender's security would be lessened, the insurance proceeds siuili �x�iN�ifc�ta e2:s�uni:t
<br /> sexviced by tl►ia 5ecurity Insm�ment, whedier or not tl�en due, wieh any excess paid t� 8orrawor. If Horcower xbuxbny tha
<br /> Propetty, or does not Answer within 30 days x notice fram l.ender cfiat the insurance carrier ht►e offeted w sct oc Ao��`s�u�mn
<br /> (,eudec tnay coltect the insutance proceeds. Lender may use the pracceds to repair or cestoro tllo Fropecty [�►Y
<br /> �secwod by this Sxurity Instrum�n�•whether or not thea due.'Phe 30-ds►y period w�111�e8�n Whott t�l°°at�a ie Siven,
<br /> Unlessi Lender aud Borroaer otherwise a�ree in wridng, any APPlic�don of proceeds to Priacip�l shill not extend °r
<br /> po9tppne the due dAte of the monttily paYments referred to in pacagrnPhs 1 antl 2 or ctuuige tUe amaunt of the psymente. If unda
<br /> par�rRph 21 �he Property iF acclultcd by under, Borrawer's rist►t to any imsurance policies �nd pioceeda ravlunY fr�
<br /> clxtn�ge tu the Pcoperty prior to the Acquisition sball pass ta l.ender to the txtent of tlu suma secut�d by th(e Secucity ta:ttut►une
<br /> immedi�tely pdar ro the�cqalsidon.
<br /> 6� p��cy,preservxUon,Matntenance and P►•otcxtlon of tho Prope�ty,Borrowa''A L°�ut Applkwtku'1•� •
<br /> Eiorrower sb�ll cecupy,establisl��and use the Prope•rrythe Property �s Barrowerr�'s P'ncipal reside�e foye���st one yu►ru��� •
<br /> ��y��ty Ip$��pt pnd sb�ll condnue to occupy
<br /> ttK d�te of accupat�cY�udess Lender otherwise agrees in avridng, which cot►cent sLall not be unre�sonably vrithhe�laimpair�the
<br /> �w= ..►p� �In.umstances exist wluch are beyond Bonower's conual. Borrower shsdl not destron.���pny forkiWce
<br /> Property. �llaw the Ptoperty to deuriorate, or commit wasu on tlia Fiopzrr�. £orto...r nt could etisult in for[eituce of the
<br /> �tion ar proceedl�W� whethzr civil or criminal,iF bey�un that in Lender's g��faith judgme
<br /> ptopetty or�hetvvl�e�u►kri�lY imp�it th�lien created by tlils Security Insmunonc ar 1-�nder's secudcy�aterat• Bo[rawer m�►Y
<br /> r...aa..i i„na�warnnh 18.bv causina the acdon or proceedin8 to b�dim°is���a cull°�
<br /> CUIO iUCh�dCt�Yl{11A11 tuuaiwic,iu�........._---r.. ..,. - , O[ t►uwi u�ii�..;w: :
<br /> �� jn Lepder�e �o�d f�ith detennin�don, pncludes fodeiture of the Botrowec s interest ia tde rcnpasy
<br /> imp�{m�ent of the liea c[e�ted by this SectuitY Inst►vment or Lxnder's secnriry Interest. Borrower s1�ll s�l�o be in default if
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<br /> ga��=�durin�the 1wu►Rpplieadott process,Bave raaterislly falsa ot inaccurate iafomnadon or stitaneobs tu 1.ender(or
<br /> to ptovide 'Lcnder wlth uey tnateri�l infornution)in cOnnee Pto�rt �v a principnl�re�s'idencc.If�bls 3GCUrity�I�nstnuneat is un�
<br /> to,rePceuw�tlon�coacernin8 Botrowar's occupancy Pe Y
<br /> le�sehnld, Horrnwer etu�ll canP1Y w'►ih all tbe provisions of the le�se. lf Aorrower acquires fa tide to tbe IkopertY� tbe
<br /> le�sehold and the fa dde shall not merge unless Lxnder agress to che nuarger in wridng. ����
<br /> �.protectlon of I�entler'�g��in�property.If aarrower fails to rer.form the covenanW auei�
<br /> this 5ecudry Irotnuaent. or tixn is x legal proceecling Wat msy siguificautly nftect Lender's rig6ta in tb� Pmperty (wch s�•
<br /> proceedin=ia MnkzuptcY, Pro�u,for co��on or forfeiturc or to enforce 1s►ws or regul�tiona), �r'����
<br /> p�Y fur wluttevor 1�peca�ary�Protxt the value of tho Property and Lender's ri8hts in t1�e Pr�p�f� ia court, p+►yin�
<br /> include WYi� +u►Y � �ured by � lien whlch has priority over tiile Security I��10de�� �
<br /> rq�son�t►le�ceorpeye'fer��nd entedi►8 on the Property to make repaits. Although Lender mxy take�cdon uad�r this�c�ph
<br /> 7,Lender doat not tu�ve to cb so. �nder under this paxa8rnP1� 7 shall become addidoval dobt of Botmwer saured by this ,
<br /> Aay �uaau��u diei►ur�ed by ent, these amounts st�U bar intec�¢st fran the
<br /> Secarlty It�uuaaeat. Unleu Born►wer xnd Le�lor agree to othec temos of PaY�
<br /> dite of di�burnmxnt Nt the Note rxte uixl sba11 be payable, with interest, upon noda from und�r w Bo�rower ra(uesdn�
<br /> p�yment.
<br /> S.MortNte I�����f Lernler rec►uicecl mortgage insursuice as a condltion of mAir3n8 the loai�secural by this SeauncY
<br /> - ln�tiuroent� &x!awer Kt�xll �►y Q►e pr�miums required to maincain tho mortgage insurance in effect IF.remiwns required to
<br /> mortQ�e ituw�utce wver+tYe reyulrecl bY Ler►d���APses°r ctases to be in effect. Borrower shall pay Ihe p
<br /> � oMain wvon�{e rut►ttxntial�Y C4ulvwlonc to the murtgago insurauce previously ln effect,at a cost svbsnntial�y�bvale�rthe
<br /> = �g��o gor[ower�;f thC mnrtgr�{e iacurune:c previousty in effect, frocn an alternate mongage incurer�p Y
<br /> = dvbseanti�lly eyuivwlent murt��y{e ituut�r�ce wvecage is not avail�ab�le aoj[wer when t1►e nsuravice cove[age lapsai oc�ceaxed t�
<br /> -� one-twelfth uf the yrrtty mortgYge inaurxnce Premium bcii►81� Y
<br /> be in eftei:t.Lender wl��+w«P��������n a�����nt�as a los� reserve in lieu of mortgage insun+nce, Los.a re�en'e
<br /> -.q Form 302 0
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