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<br /> � 98�- xc�szs3
<br /> S. Has�rd or Property ImunneK. aurr�wer shall koep the 6nproven�enta ieow er.i,tE��g �►r hercaftor ereciecE on thn
<br /> Pmpeny insured�gain�t lass by fim, hNZa�is•�nc'•iude�d within thc tenn "extencicci covetogo" and any othar hx�ards,Including
<br /> tlocxls or tlaKliug, fi�r which Lc�xler requiras insunt��c�c. Thf� insurunce shull bc mnintnf��d1 in thc amountt�and for ihn periodx
<br /> that l.ender rcqufrcs. Tha insurnixe carri�r providintt tt�o fnsurunce �hall h�: chusen by Horrower subjG�ct to lw��xicr's u�►proval
<br /> which shull ixrt he unreuu�nahly wiUihelcl. If H��rmwer t'ailc to mAintniu c�verage descril�:d ahovo, Lerxior mny, at[.�;ncir.r's
<br /> option,���nin c��vuegc to praect Lcndcr'.s►i�►hir in the Property in acc�rduni:c with{�ar�graph 7.
<br /> All insuranca pc►licies�ixt rn�w�lr+xhall:�a acreptubie to l.endar un�l shull include a stundurd m��rtgage clause. Lencler
<br /> shall have the right tc>halci Iha policie�s a�xt nsnt+wxlt�.:lf Lender rcquircc.Borrower shall promptly give to Lencior all rcceiptq of
<br /> paid prcmiums and rcne�v�:1 natices. In►he cvt�tt nf(nss, Anrmwer shall give prompt nMir.e to the inFUrancc cerrier and l.endtr.
<br /> I.ender�rwy make praof of lose if nnt me�1e,prc�mrtl����y Borcower.
<br /> Unlcsc Lcnder und Iiorrower othnrwf��a�r►;e ir1 writing. insurance pmceals,h�dl bu appiled tu retitoralfon or npuir of the
<br /> Property dumagal,if the resinrntion ar r�xir ie a��nomically feasible�nd Lender's,r•ecuriry is�x�t IeFSeoai. If the restorallon or
<br /> rcpyir is not xonc�mic�lly feasibla or�I.cndnr's sc�cr►ri�y would be lassenod,th�insuranoc proctecis shuli be�pplind to tha sums
<br /> saurcd by thiti Security [nun�tnent, a�hMf�r.r��r nnt�then due, with wny exccss paid ta &►rrower. If Borrowcr abendons tha
<br /> Pr�perty, ar does not ansH�rr withln ;;(1 de�:�ai nndne fmm Lendcr tMt thcs insurance carricr hus offercd to r�ttlo a claim,then
<br /> Lernkr may colixt tha insumna pmc�a9ctfl..l:�yKicr may usc the procecd9 to rcpuir or resrorr; thc Property �r to pay sums
<br /> secured by tBl�:Sarurity h�stmment, whath�r ur,nnt then due.The 3Uday period will lxsgin when the natice is givcn.
<br /> Unl�ss L.ender and Burco�ver at}�sc�+ui�A agra in writing, any npplication of proceeds to prinGipnl �hall not extencl or
<br /> postpune thc due data of, ttia m�mihl�� pR�m�r.nis referred to in paragraphs 1 and 2 or chango chc amount of the payments. If
<br /> qnde�paragroph 21 d�a Pto�xrty.in aayqirixl•by [,endar. Borcower's right to any inr,urance policies and procads rcsulti�g from
<br /> doirugc�o the Prope�ty pnianto.�hn�qnir.iNon.shall pass to Lender to tha:extent of th�sums secural by this Security Insttument
<br /> immodiately prior Ici•thn ncquir•.itinn,
<br />' i. OccupRncy,k't�err�tion�MuUitr�anoe rrid Protection of the Property;Borrower'9 Lo�n Apptkition; I.ease�old�.
<br />; Borrower shall oocupy,��ttihlie2i;an�!usa tha Property as&►rrower's princi�ul residenae within siaty days after the eaucution of
<br /> this Security Instrumrnt�sund•st�mmll�continue to oocupy thc Properry as Borrower's praneipal residonco for at least one yeu aRer
<br /> the date of occupwncy,un'tess 1:e�xlar.odurvvise agrees in writing, which rnnsent shsll not be unrasonably w[thhald,or unleu
<br /> extenuatinS circumstances oxiso wtiiob•an: beyond Aorrower's control. Borrower shall not destroy, dam�ge or imp�ir th�:
<br />, Prqxrty, altbw the Pt�erty�to deivrloraic, or rnmmit titsste on thc I�roperty. Botroeaer shxll bo in c�efault if any forfeiturc
<br /> action or procee�ing, whether civil or criminal, is begun that in l.endax's good faith judgment could n�ult In fafeiture of the
<br />' �►ropcRy or otherwise m�ttcritlly impair rhe lien creatod by this Socurity [nstrument or Lcndcr's sxuaty intercst.Horrower mty
<br /> cure such a defwult and rcirst�te,as provided in paragraph 18. by causing tho action or proceoding to bc dismissed with a culing
<br /> that, in L.eniet's good faith determinatiun, procludcs forfeiturc of the Bo�rower's intcrest in the Property or otha m�terial
<br /> inijiuiiu"raii Gi i�"ic �i'a'�i:ic•idca'I �iy Iti�fi.°i�n-iii�iy IilGii'ilfL'w^iti Gr Lri�.t1C[S:w'CSST:tf IrittT�f. �1lZff:':LL�lfl�� �''^�!C !E�Cfs!lt if
<br /> Borrower. during thn laAn Applicuion proass,gave mnteriiUy falae a inaccurate infocmation or stuements ro Lender(or failod
<br /> to provide I.e�xkt with�any material infom�ation)in connection with the loan evidet�cod by the Nae,including,but not Ifmited
<br /> to.rcprosen�ations conoer��n;Horrower's occupancy of tha Frvperty as a principal residena.If this Security[nstnima�t is on a ,
<br /> ieaseaoio. isor�ower siiaii wmp�y with all the provisions of thP len�e. If Borcower acquires fa title to thc Propctty, the
<br /> leusehold and the fee title shall rwt merge unless I.ender agras to the m�rger in writing.
<br /> 7.Protection o[l,e�der's Rtgt�ta in tYe Pro�erty.if Bortower fails to perform the covenante and ngraments conWned in
<br /> this Securiry Instniment, or tl►e�is a Iegal procaeding 3hat may signiflcant(y affect i.ender's rights in the Penperty(such a�a
<br /> proceoding in b�nkrupcy, probato, for condtmnation or fotfeitune or to enforcc laws or regulationc), tha�i.ender m�y do and
<br /> pRy foc whetcver is nxessuy to protoct the value of the Propetty uid Lender's rights in the Propacy. i�r's xtioas m�y
<br /> include paying any sums saurod by a lien which has priority over th(s Security Instntment, oppearins in �owt, payit�
<br /> reasonablc�ttorneys' fas �nd entering on the Property to make rcpairs. Although L�ender may txfce�ction w�der this p�ar�graph
<br /> 7, Lrnder does not have to�do so. ,
<br /> Any anounts disbl�rscd by Lendor under this paragruph 7 shall boco[ne additional dcbt oC Borrower securod by dds
<br /> Securiry Instrnma�t. Unlcss Barrower and Lsnder agree to otlxr tc�ms of payment, thcse emounts shall bar interat from the
<br /> dst�of disbursemrnt at"thc Noce rate and shall be p4yable, with intemst. upon notia from �,ender to Horrower requesting
<br /> PaYman. ' •
<br /> a.Matga�e Insorance.If Lcnder requirod moctgage insurance as a mndition of making thc ioan s�ocaroul by.this Secuiity
<br /> Instrument, Bomower shall pay the premiums roquired to maintain the mong�ge insur�mce in effect. If, for.Rny ttason, the
<br /> mongage insurube ooverege requirod by L.ender lapses or coases to be in eftect. Borrow�r shall{�ay the premiuttu required to
<br /> dxsin rnver,�ge substantially equivulent to the mortgage insurance prcviously in cffocx,at a eost aubstantially equiv�ent to the
<br /> cost to Bormwer of the rncxtgage insurance pccviously in eff'ect. from an alternate mortgage insurer approved by L�nder. If
<br /> substantially oquivslent moagage insurar�ce coverage is rat available,Borrower sh911 pay to Lender each month w sum equal to
<br /> orK-twelRh of the yearly mortgage insurance premium being paid by Borrower whcn tho insuranoe ooveroge lapsed a ceaced to
<br /> be in effect.LeMer will acapt. use and ntain these paymrnts as a loss reserve in lieu of mortg�ge insuru�oe. Loss reserve
<br /> F«m 3ozY s1�0
<br /> r.q.a of e
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