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<br />-_;-''`�?�' S.Hwrd or Property Iawr��ce. Borrowa ehall kap the Improvemcaf�now caisting or hueafla erectod on Iho Pro�C+►Y
<br /> :-z,_ .,. " lnsurtd aga�nsi lo�s 6y fire, hn�*�A� included withi� tho trrm "extr.�k�i covu�c"and any other hazud9, including tlood�or ,
<br /> :�,,iia�.'„ iloniding,for whlch Lenda r�oquirea insuru�co.'If►ia insurarca th�Jl be malntalnod in�he amounts�nd ta the perbd�that Lenda
<br /> ��''':•-� requtrq.'ibo inwr�nca rxrier pmvkting the insucrince sh�U bo chosen by Bwrowu subjoct to L.enckr's approvel which shill not
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<br /> • ba unnalonabty withha3G. If Bamwu falla Eo mdnWn covu�ge describod�bovo� Le�kr may, et Lender'� o�Nion, obWn
<br /> �� covcrage w prdoct L.enda's dght�in Iht Property in�ccordance with p�ragtRph 7.
<br />— :�� All inaurance potkid�ncl renewals sh�A be accepubk to Lcridex md shall include a sundard mortgagc cWu.+c.i,ender s1uU
<br /> -°,- �"'� have the right W hold tho policies and renew�lt.If l.ender rcquire�. Boemwcr shall P�PaY(�v�to Lertdcr all roceipts of paid
<br /> ;^�'`'�'c} ums and renewal ndlces.In the cvent of{os��Bortower shall give prompt notice to tho ins�uuice carricr and Lcnder.Lcr�du
<br />:.;`�• �:.. Pcemi
<br />;:•;,�"�����; mry n�ake pmof of bss it not nude P�P�Y by Bomowa.
<br />,�y w::� Unkss Lender and �o�mw�aherwise agree in wrlting�insurance qncads sh�ll be appliod to restorati�on or repa'v of the
<br />_=�- -_— PropertY d�m�od.if Ihc restor�tjon or repair is economkx�ly feuibk uM L.end�r's socurity is not lesse�al.If the rcstcxatbn or
<br /> ---�— rep�ir i�nc�tt ocoramically feasible or Lender'a sxurity wadd be less�od, ttx ins�ua�cc procxda sh�ll be epplicd to�t�e sums
<br /> � sxuirod by this Socuriry Insaument, wheU�er ar no¢ �hen duo. with�ny eacess p�id to Bormwer. If Bamwer �benda�s the
<br /> `� pmQaty�or das nM answnr wilhir�30 days A�wlice tco�t L�r�r th:t thc i,�sttrsr�cc c,�tticr t�t offaed w�c n clnim. then
<br /> —"� I.a�dec may colloct the inwrincc pecoods.I.enAa may u9e�he procads to rq�ir a reswro the Pmperty a to pay suma socurod
<br /> 1Il,�j:�� by thia Securlty instnunent,whdlia a not then due.'Ri�30-day petiod wUl begin whcn the notice b given.
<br /> ---—° Unless Lea�der�nd Bat�owa atberwisa�gcoo iie wridn8,anY�PPlirstion of pcoceeds to principal shiU not cxlend a posq�one
<br /> = the due dM,e of the monthlY PQYments refarrd w�n p�gcaph�1 md 2 or change the amount of the paymems.U under par�gnph
<br /> '--=- 21 the P[opaty is acquuod by Ltt�dar,Hocrow�t's right W any insurance polic'ses and procceds resulting fccxn dam�gc w the
<br /> _ P�opaty prior in the acqul�itiai shatl p�to Lender w the extent of the sums secured by this Security Instrument immodistely
<br /> _ prlor b the acquisitiai.
<br /> 6.Oarpur��Preaervatba�Malnteaaace�►sd Protectbs of tbe Propertyi Borrower's Lan Applicatba;LRaseholdi.
<br /> Bcxm�ra sh�ll occupy.aaablish.and use the Propaty av Barower's principal resirkrice withln sl�ty days�fter the executbn of
<br /> _ -=— this Securiry Insuuma�t�nd s1�U continne to occupy the Pcoperry us Borrower's principal ceside:�ce fa�t kut one year�i1a die
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<br /> tiaic w �u:u�+a:r ui�iwi a.c`ni�c:v'Mn."rdta�. $gt'-.n.� �:. 1;..'Yti�:.E„:::s.,,.. Co^...tSS. .,!!.L s'.'.Jt "' .�St�..ly
<br /> exter►uodng cirr�unstmas exist wh�ch ae beyond Borrowu's conaol.Bcxrowcr slull not desoroy.dun�ge a imPair the Pm(�acy�
<br /> alba the Propaty W cletaionae. a canmit waste on the Aropaty.Bomower sh�ll be in del�ult if any forfeiwro action a
<br /> pmc�oociing,whettkr civil or crimin�l,i�begun that in L�endu's good faith judpna►t oouW result in fafeiwre of the Pcupaty a
<br /> � otbawiu mAUxi�lly impir the lien crtat�d by this Sxurity Inswcoent a I.ender's�ocurity intaesL Borrowa may curo such a
<br /> >''`;� defwk and roinstvte,aa providod in p�raghph 18.by causing ttie �etion or pcoaoding w be dismiUed with a iuling that,in
<br /> -.� L�aida'e good f�ith da�erminatlon.Procludes forfeiwre of the Baan�vrt's Int�a�tst in the Propaty or otl�a'mauslal impairnitnt of
<br /> the tien crtatcd by this Security Insuument a I�ender's sxurity lntares�Barower shall also be in dafaulc if E�orm�ver,ducing the
<br /> Won applicatfpn proce.ss�8ave materially false a la�ccurntc information oc statema�ts W L,e�kr(a faibd w provide L,ender with
<br /> ny mMalal infotm�tion) in connocdon with the ban evidc[�cod by the Note. including, but not Wnitod W, np�eaa�dons
<br /> cp�oaning Horcorver's oxupamcy of the Property at a principal n�ida►�e.If thi4 Security Instrumatt is oa n leasehold.Baa+ower
<br /> ah�ll oanply with all the pnnvlsfau of the Iwe.If Barrowa acyuires fex titk to the Pcopaty�tha kavehoW and thc fa title stull
<br /> not nnage onleas I,encie7 ag�ras to the maga in writing.
<br /> 7.Prol�ectio�of I.aeetle�r'�ItiSMb ie the Proptrt�. If Horrower foilv to pt+form the covcnants and agreements ca�uinod in
<br /> �hi� Sacurity InatnnnenR a tt�a�e is a iegsl Pc�oceedin8 that may signif'�canUy affact I.eadcr's rights la the Propaty(auch aa a
<br /> pmvoeding in b�aluup�cy�probne.[or condann�tion a forfdtute or lo eaforce laws or regulntions),tlkn I.erider may do and P�Y
<br /> [a wh�te.wa�noceaaery w protacx tist veine of 12�Property and L.encfa's rights in t1�e Pro}�rty.Lender'a actions may include
<br /> p�Y�6 any snms sxurod by a licn which huq prlo�iry ova this Security Insl�umaib �n8 ���. PnY�B �k
<br /> �tl�orr�ys' faa iuul ent�cring on 1he�noperty co make repairs.Although Lu�dcr may take acdon unda this pengr�ph 7,I�a
<br /> does noc have a�o so.
<br /> -- Any snounts disb�uaod by Laxler under this paregnq�h 7 shal]bosome addition�l debt of Barowa soc�d by this Socnr�ty
<br /> Instnunu►t Unicss IIormwa t�d l,entlet agcec to Wha tams of pnyrnent,these artiounts st�all bear int�erest from d�e date of
<br /> ��� d;sburoemer�t at the Noto rKe end shall be peyabk,anffi intcxes�up�n notice ftom I.enda W Borrower rec1�6 PflYma��
<br /> S.Mort�e Iowra� If L�a�der raquired mn.rtg�ge insura�ce as a c�ondi6an of m�lcing the lo�n sac�r,d by this Soc�uiry
<br /> Insvuma�t, Barower sfuU pty the premiums ra�uirod ta malntain the matgage insurancc in effaK. IV, for any rea9on.the
<br /> .:.� mortg�a ins��ce covenge required by Lendu lapses or cease.9 to be in effact,Barrowea s'�all pay the pnmiums roquirod to
<br /> ��� oMain cc+waage subetanti�lly equiv�knt to the mortgage insuranaa previously in effect,su a�nst su6stann�ally equivWent tfl the
<br /> cosc to Barower of the mortgage insurance pmvio�sly in effect, from an altun�te moztgaga insura a�p!na�uW by Lentler.If
<br /> su�tialty oquivalcut mortg�ge insur�nce cavaag�is nat availabk,Bomower sh�ll Fay to Lender esch rr�nth a sum equ�l w
<br /> . -- — pnat�relfth of the ycarly mottgage insurmce p�tim9wn being paid by Sorrowa when Ihe insurence covuage L�psed or ctaRed to
<br /> ------ be in effect. I.ender wiU accept. ose and retain tl�ese paymer�is as a lass reserve in lieu of mortgage insurance.Loss r�esave
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