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<br /> ' �,- 5. Hvar�f or Ptmpetip ir�smm�s� Bormwer shall keep the i��P�eats����cTs'�,i"'or LerEatter e�ected on the
<br /> ,', � ;,,.,�� Prn�rty iasured against toss by�Ht�e,.����������wve�age°and any osher h�zards,inciuding
<br /> �"�'`:`r, V� Aoods ar Qoadiag;for v�i�icb�i:e�t�s requires insurance_ 'lULs iasurance shall he m a i n t a i n e�l in t h e amounts a n d f or t he peria d s -
<br /> � .:�.,���t� that LenRet reqwlies.Ziis in�+,mn�carrier providing the Insuran�shall 6e chosea by Bormwer subject w Lender's appmval
<br /> ;,;,1��, wlrich sha11 not be�son3bly withhetd. If Bomnwer �aIls to mamiain ooverage described above. Leader may. at Leader's _
<br /> "..:.;,,,,�;,-,- Y o�Io4 ebtaia oav�age w�urntect i�des's righrs i�ths�rty in aa�danse with paragraph 7.
<br /> . . �4 .`��;��� .. AI!insa:aace polid�m��reaewats shall be asoe�ta6le to Lende�and shall include a standatd mortgage clause. L-�der
<br /> %''``:`°`."�, sL�aU J�ave t4e ti to t�ttlsi lcaes aud renewals.if Lender PmmpttY g�'
<br /> .-,;.�,..,..:<-,.... F� P� � t+2�iuites,Bonawer ahall e to Lend�rall receipts of
<br /> �'' `�;. ' > . p a i d p s e m i u m s a a d r�n e e w a i c�o ti c e s.I n t I�e e v e a t o f l o s s,.B o r r ow e r s b�1 1 g ive p m a�p t notioe to the inswanoe ca�ier and Iander..
<br /> . 4:r-:!. ,� l.�ader may make proof of luss if not made promPUY b3►Botrower. '
<br /> :••: .��. . Uniess Lender aad Bor�vwer othetwise agree in wiiting,iasuiance praneeds s4ari:be appIie�to reswtalian or riepair of the
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<br /> - �'�''^�� � �D�Y�8�•if the res�oratian or repair is ewnomicalIy fEasibte and LEadet's secvtlry is nbt lesse�ed.If the restoritinn or
<br /> :::-�. : �,� �� ` repair is'not eronomicalty feasible or Iender's seca�ity woald be 1�sened,the insn�anee proceeds shall be sgplied to tlte suias
<br /> "�';� .• - secuied by this Security Inswment,whetties ar ant theu d�. witJs a�r excess paid to Bornuwer. 1f Borrower abandons the
<br /> ,. . ` PrupertY,or daes uat answer within 30 days a uotice from LeadeF thai die i�uiance caaier ha"s offered to settle a alsim.theu
<br /> -..�:�F��.;��;::� .` I.ender may colled the Iasmaace priooeeds. L�der may ase the pmc�eds to repair or re.stare the Pt�ope�rty ar ta pay sums
<br />" '.,' ' `'''.. � ' ssaued by tLis Saauity Jnstxumeiu,arhether or not ehea due.T6e 30-day period ariil beg'n►when tiie notIce#s givm,. .
<br /> � � <� � � UWess Le�ter aad Borrawer otf�adss•a�in�vribng. anY a�Plic�sioa o$pr�s w prtmcipa�sI�ll"n�t extend or
<br /> . ."�.,.`:r:'`,. ;� pustpone the due date of We monthty paymerts refem�to iw pacagr�phs l.�d 2 or chaoge t@e an3o�urt of�ie payments. if
<br /> . �•� � ander P�S�Ph 21 the Froperty is acqt�3red 6y l.euder. Hnrrower's�i�as.tn any in.9urdnce polic�es arM pfoceads resvlting fmm
<br /> . y. dama�e to the Prnperty ptior w the aa�uisit�on shaU pass w Leader w t�e eateat of the sums secaied by this Sec�rity Insavmeat
<br /> �r�� imraediatety prior to tke acquisition. `
<br /> " . 6•Oaca�aac�'.Pres�vatton,Msiate�tauce and Protection of th$Rn�ey;ID�eowea's T.oan Appl����.case8a�ds. �.
<br /> . ' Bom�ver shalt oaupy,establis6,m�d nse the Pmperty as Bozrower's pdacj�paf��ce within sixty days aRe�.G�e�.e:itecut�on of .
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<br /> - tiris Seauity i�st�u�ent a�shal�contusae to ooa��y the Broperty as�o�s�irirKipat residence for at teast ane yeae aftra
<br /> . �` ��; the date oF occupa�tcy.aaless Leader otheswisr agreea in arriting,wi�is.''� .�.x,.^,�xu shall not be unceaso�a6iy wid�*eld.ar oNesq �
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<br /> ' • '• ' �i �g cinumstaaces eaist wlnch aie beyond.Borrower's oon�v�:��firtv.�:�shall not destmy. da��.� impair the
<br /> ` ' ,; pr,operty,ailow t&e Property w deterionate. or oommit waste on the L�+.$m�mwer shall 6e in def�ult�ifanp fosfeiWre
<br /> �,y��,�..;_�_.;'' . aciion or pnooaediag.whether ciyil or crimiaal,is begua that Ia I�s�good faith,jadgment oonld resntt in forFeitiue of the ,
<br /> '. l'{,. �� Properry or otLeerwise materia]ly impair the lien e�ated by this Seau�y�t or Lender's si�ty interesf.Borrowcr may . .
<br /> ,� �:�r cure sucti a defauIt an�!nqistate,as pmvided ia paragraph 18,iry cansing the aaion'or pmceedi�:�qr�be dismissed with a ruling
<br /> ;`_'--;:�°`-•:ur•- 'ss tbat.in I�eader's gowl fa�+d�term�aHon. Pi!ecIadra�f�feitune of tt�e Borrower:s*nterest in t��toperty.csr u�&er materIaI
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<br /> -'rr';�r..r-'. �' impairment of the liea e�:by this Seauity in.4m►�.Yit or L�euder's secvzctg��est. Borrawei shall a��;�:in defanit if .
<br /> ?:'.��::` `:;'r;�:`�,•, '�i Sot[owei.duciog the LoaA:�plil�tOn pTioCess.gave�a�aqaliy false oi inacauate',m!�nation or statemeats t�i,:'�isr(or failed -
<br /> '.•.:•�,.';'`�..�,�y5. :� to provide Lender with any material iafmmatioa)in oonmec4ion with the loan evidenced by the Note,inc[�ding.bai aot limited,
<br /> �;r� to.t�ete5entatlonss coaceming Borrower's accupancy of ttie Property as a principal msidence.If this Secarity Instrument ison a :
<br /> .�::,: :�;�:- ?.� ieas�old, Barrawer sball o..t�ply with aU the p=ovisioas of the lease. If Sorrower aoquires fee-6tTe to the�ropetty. ihe - -
<br /> __ . : .�5 Eeasehold end th�fee att�tsl�t;noi merge uutess I.ender ag�es to the merger in writin�. ._
<br /> - � ..�'�:� � .:, � �� 7.Frotectiau of I.c-r��¢?'s�Rtghts in ti�e Fmperiy. 'UBomnwer fails to petfonn the oovemants and agreemeuta containeA�n
<br /> <ul,�., .',:„•r�;, :�� t�is 5eauity���dr��tere is a tegal proceeding tbat may sigaifcantly affe�x i.ender's rights iu the Property(sach as a
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<br /> __-y,:;,,;a� Pmceeding in banIavptcy.paobate,for eondemnation or forfeiture or to enforoe Iaws or regulatioas),titen Lender may do and. .
<br /> ;-;:'�.'. ..•�• �, �;:-� pay for whafevei is aeceas��!to protect the value oPthe Property and Lender's rights in the Property. I ender•s asxions may
<br /> _ '. • ` '�slude paying amy sums s� by a llen wfiich has prioriry ovet tftis Ser�itY Iast�ument, aPpear�ag.in oom't. Fayi�
<br /> `=�f�.,.:':� . .. ; "��sonabte attameys'fees'�.md euteiiag on the Progeny to make repairs.Althougb LeaWer may take�ction under thi§paragt�pb
<br /> ' i ' ( 7,Lender does not have w do so.
<br /> },} -`' ' A�r�� dis6a:sed by Lataer under tbis ParagtaPh 7 shal} beoome addiaonal de6t of Borrower secr�r�d by this
<br /> r.• • .'�; Sec,urity Ins�rnent.Uniess Bumower and I.endei agtee to other terms of payment,these�aunts shaU bear�nterest kom the
<br /> . - ,����,:. date of disbursement at the Note rate and shatt be payabte, with intecrst, uy�.motice from Lender to Bomawer requesting �
<br />___ : , : ..,.� payme�t� ,• . ' .
<br /> '. � �,� ' 8.Mortgage Insorano�'If I.ender teq�ired moir�e insarance as e oond��of atatciag We loaa secnred by this S�a�rlty �
<br /> � � ` Insmunent,Bosrower s�a11 Da3'the Pre�nic�ac� to areintaln the mortga�ge lnsurance in effea. If, for a►�y i+eason,the
<br /> • �� � mortgage insuraaoe oaverage requirpd isp�i�Qer izpsc�ea ceases to be in et�ect,Borrower aLaU pay the g�mauins�equi:ed to
<br /> ''� obtain caverage substantially equivalent tv the tao�.�;>��+�n�pteviously itt CffeCf.at a wst substantiaUy equivalent to the
<br /> , � n o�ost to Eoirower of the mortgage lasurance p�evicusCy�.;�effect,fram an alts�o�mongage iasu:er approved tiy lcnder. If
<br /> � :� st:6stamtlally eqnlvalent�nortgsge insuraaoe sayer�;e i�rar�availabte,HortaR�r sQi�1l`pay to Lendei eash montli a smn equa)to
<br /> „ �,. �;.":,''. , � on�tviel�3be6ihe Yearly mortgage insuramat��remiumb�fng patd�g.�e,�rnx�r��the insumnoe eavc�ge lapsed orcee�sed�w
<br /> ,� . . , 3 be in eff�e.�1er tvlll acoept.use at►�reest:t�th�se gay�tents as a� �s�rve_in llw of mortgage insuranve. I�oss crservts
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