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<br /> S. Haxard or PnopeMy Inur�na. Bartawar stull kap the impro�•ements n�iw eaixting or herc�Rer crectai nn the
<br /> ?mperty inaurcd ag�lnst lasa by Gre. hazarcis includod within the term "extendal covenge" and wny olher haxarda, includinQ
<br /> tie�ods or flooding, for�uhich Lcnder requires insuruica Thia inaurux:e sh�ll be t►wintrined in the Artx+untR�nd for the periodtc
<br /> thNt Lencler reyuires. 'fhe insuranco e�rrier pmviding the insur�nce shall be chosen by 6c►rrower ss�bJsxt tt�l,e�KN�r's approval
<br /> which shall rwt be unr�eusarubly withheld. If Boerower Fails w maintAin covange dcscribod above, Leixlt,r,rr�y��a at•Lencier'�
<br /> optian,obtein covrnige to prda.K i.erxler's righi+ inthe Property in acconlanca with pamgraph.7.
<br /> All in.�urance policies and rcnewrls shall be xceptabla to I.encler and shall incluJe a se�txihtYl,mnrtguge clause. l,e�dac
<br /> shall havc thc right to hold thc paNcics and rcnew�l�,�f Lcnd�r roquires,Eorrow.er shall pmmptis�giaa t��I.ender all mYlpls a#�
<br /> paid prcmiurtu and rcnew�l notices. In thc event of loss,Bormwer shell gf�•c prompt ncHi:,�tn the,fnxumnce carricr and Lender.
<br /> Lender may m�lce proof of loss if not mede promptly b�y Borrower.
<br /> Uidcss Lender u�d Bormwcr ottxrwise agroe in writing,insuru�ce preceeds shall t►r applie:d ro nstoration or rcpair of the
<br /> Nroperty damaged, if the resloration or repair is ec�nu�nicaliy feasible urxl Le��Ier'�se�:u�•ity.ls rN►t.lnssencd. If the restoration or
<br /> fCPAIC 19 f10I CCOII4RIICNIIy[C351UIC OT LCIi(IC�J SCCllfll�l WOl1lI�OC IC�xIN:ti. l��c ii�SiiipPrCci Hi��Cc'k�i F�i.ilni{,�«�t:iC�t^. 1hL�:11{!»
<br /> scr:urod by this Security Instn�ment, whether or not then duo, with any excess p�id tn,Horrn���cr. Yf�fnrmwcr.c�xndor►s the
<br /> Prc�perty, or does not answa wythin 30 days a nutice from Lender thni the insunux�e r,eni�;t t�KF ni'Coracf w�s�pttGf w claim, then
<br /> i.ender may colLect.the �ns�urvz�ce proaeds. I.endtr rmy ux the proc�oods to rcpkln on xdstrrm!hc 1'coperty or to pny sums
<br /> sccurcd by this Soc�,r^�,�,l.n�rumcnt, whethtr or rtot�hen due.The 30-day peciod»�lllibt�in�whnir�thq sx►tice is given.
<br /> Unl�ss Lxrn'vtr and Borrower othcrwise egra in writin�. nny applicatinn,of�pm�mdE� kti,�ri»cipal shall nat extend nr�
<br /> postpone the due date of the monthly payments reterrai to in paragrnphs 1 anci�2��m i.�1��nWu clie amaunt of the payr�xnts.It'
<br /> under paragraph 21 the Pm�peny is acquirod by L.eider,Barrower's right ta any.insxtnmtta pofinios and procoods resulting from
<br /> drur�age to the Pmperty pdor to[he acquisition shall pass to Lender to the extent.uf�thb u�ms s�ur�i by this Security Inswment
<br /> iiiunodiatcly prior to the acquisition.
<br /> 6.Ooeup�ncy.PrtiaervMbo,Maintau�nce a►d Protection of the ProPertY;Burrnwer's I�onic Applkntion;Lease6olda.
<br /> Botrower shaU occupy.establish,snd use the Proprny as Borrower's priixipnl raiidprne within sixty dnys�fter ttu exxution of
<br /> thia Sceurity Instrument arNi shall continue to acupy ihe Propeny as Borcower's pi9ncipal residence for at Icast one yet�r aft�r
<br /> the date of occupancy, unless Lender otherwise agrces in writing. which oonsent shrll not be unreasonably withheld. or unless
<br /> tactenuatiag cirGUmstacxxxs exist which are beyord Bormwer's control. Borrower shall tat destroy, damRge or impur ilte
<br /> v��.ri,� .i�;.,r�,�z►�.�.�r„��s,.r!„�rP, �f r�mrraiR wa�tr�n Ihe Pr�perty. Borrowel� shall be. in default 'tf�u1Y TOffeltll[+e
<br /> actlon or p�asasit?;ng,whettra civil or criminal,is begun that in Lu�der's good faith judgment could nsult in forleitun of the
<br /> PmpGrty or otlierwisC mate*i�iLv impair the lien crated by this Security Instrumer►t or l.e[�der's gocurity intercst. Barrower may
<br /> cune s��ch a default arxi reirtslt�e,as providod in par+graph 18,by causing the action�r proc,ading to be dismissod with a ruling
<br /> th8t, 1I1 1.CIWt['S g00U Iptt11 tle[ertn108tion, pPtC1U0CS t0('ICiluiC Ui u�C punuwri�e itMrirai i�� u�a irtv�riy ur uu�c� uwaCi+wi
<br /> impairment of.tHe lien created by this Secuir�ty Instrument or Lender's security interest. Aorrower�all also be in default if
<br /> Borrower,during the loan application proa.4s,gave nwttrially false or innccurate information or stutements to Lender(or failed
<br /> to.�ovide L.ender with any material information) in connection with tbe loen evidencod by thc Note,including,but�wt limited
<br /> �.to,xepresentations conceming Borrower's occupancy of the Property as a principal rcsidence.If this Security Insuument is on u
<br /> �e;uehold, Borrower shall wmply with all tlx provisions of the lcase. If Bonower acquires fee tide to the Propetty. the
<br /> Icasehofd and,th�e fa title shall not merge unless L_aider agrces to the merger in writing.
<br /> 7.Pra'te�Ct,ion o[i.entler's Rig6t�In tbe Prop�ty.[f Borrower fails to perform the covenante and ag�eements oonuinod in
<br /> this�Security leatrument� ar there is a legal procoeding that may significantly affect I..ender's rights in the Prc�pe►ty (sud� a+a
<br /> � prooading in bankluptcy,;pro�ate, for condemnation or forfeiture or to enforce Iaws or regulations),thrn I.endec may du and
<br /> ���'.for wiuitever is�ary. ,to protect the value of the Property and Lender's rights in the Property. Lender's xtiais my
<br /> i�clude paying any �ums sdeurai by a lien which has priority over this Security Instivment, appeadng in oourt, paying
<br /> reasonable attorncys'foes anci arnering on the Prop�rty to make repairs.Although C.ender mey tnk��ction under this pangr�ph
<br /> 7,Lcnder does rat hAVC to do,r,o.. � : � ' � '
<br /> ;,�. Any amounts disburaed'by �.endc:r under this paragraph 7 shall become additional debt of $orrnwer securod by this
<br /> , Sceuiity Instrument.Unless�Bc�iroYv�t;7nd•Lender�gra to other terms of payment, thes� a�nounts shall bcer•i»�teracc from the
<br /> datr. of di�bursement at tf�e hlc+4e.;ate Y�ac! shall be payable, with intcrest, upon notice from Lcnder to Borrawer requesting
<br /> payment. '�" ` �. .
<br /> '8.Mort�e InsurAOCe.7t�.ender required mortgage insurar►ce aS a condition of tnaking the tqan secuctid by this Socurity
<br /> Instrument, Borrower shal!p1y 1ha promiums required to maintain the mortgage insurarwe in effect. lf, for any reason, the
<br /> •tnortgage insurence mverage requirod by I.cnder I�pses or ccascs to be in effect.Borrower shall pay the premiums required to
<br /> - oblain rnverage substantlally equivalent to the mongage insurance prcviously in effect;at a cost substantially equivalent to tha
<br /> cust ro Bortower of tt�e mortgage insuranoc previa►sly in ef!'ect, fmm an altcrnate mortgagc insuter approved by I.ender. If
<br /> substantially equiv�lent mongege insurance caverage is not avai(able. Bc�rrower shell pay to I.ender each month a sum equal to
<br /> une=twelfth of the yeariy�nrt�age insurance prcrnium bcix►g paid by 13orrower when thc j�suranoe coverage lup:�ed or oeased to
<br /> � 'C�e in effect. I.end�r will a�p�, use a�xi cetain these pnyments as a loss reserve in licu of mortgage insucance. L•nss resetve
<br /> ; Form 3028 9190
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