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<br /> �.�:'' � 5. He�d or gt+a�r I�s�ance. Borrower shal} keep the imgmvements naw exfsting or he�eafter erected on the
<br /> ° .� �� . propzrty iasaced against loss by fue�h�zazda iuclnded�vItLia the tetm 'exte�d ooverage•and any ather ba7ards,iacludiag :�
<br /> , �� .' floods os 8oading,for�►hi�h Lender requires iasuraace.T6is iasuiance sbaU be mainiained in the amo�mrs aa�for the pertuds
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<br /> � dtat Latder The insu:ance t�nder the insuraace st�all be chasea by Sonower snbj�t to Lcuder's appr�val ��.
<br /> �, -`, wHicb shall nn�nably vvItbheld.If Soa�ower fa�7s w maintain coverage desctibea ahave. LEader may. at 4endec's �=:
<br /> �� :��� oPtton,obta�n oavetage to pmtsct iender's righ�in the Pcogetty in acoordance wit�pazag�apU 7.
<br /> .=,-_�;�:-=..:-.-:- p1} �ppl�fes��s��$�egiahl�to Leflder ana sl�all iardude a�dacd mortgage claase.Lender __
<br /> � st�all have the right to hold the goliaes and renewals.If l�der ieqni:es.Bos�awer ahall pmmPtiY giv�m I eader aU receipts of
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<br /> pa{d premiams and reaenral aoID�ea.in tEe evau of less.Baaower sball give pmt�t nntice w the ins�uaince cazrler and Exader. �'�,_:
<br /> �,;;,`� Ixader may make pruof of toss iYtrot made pmmPtlp bY Bormvmz. L�:.: �
<br /> . UnLess I�dgr and B�onuwer o�rise agree in�srrmng,iasuranee pmc�d4 shall be apptied to iestor�tioa or zepair of the �; .
<br /> . . PmpertY dama�d.if the cestoratioa ar:r�gair is economically feasi'ble and Ie�der's seiauity.•I&nnt l�aed.If t�e restora�on or �___-
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<br /> - .• ": IGp�II�S II�t�OIlOIDIC3�Ij►fC881�IC 0i 1�8dCI'S S�Lj/WOUId 1iC�ES52aCd.t��LSUI8IIC6 QZdCC@d8 Sh811 bC�,Hfd LO t�C SUIDS w4�;
<br />�'��`.` •-�='.- becured by this Security Insacumeot. �he�er or unt th�a due.with an}r eac�ss�id t0 Bomnwer. If$or[ov�er abaadons the --_
<br /> 1<"f',�.: . `,. Propecty,or daes aot aasvver witLia 30 days a notice from Lenrier that the[�aIIOe cairier has offemd to seWa a claim.tLen ;�_::
<br /> Lender may colIect tPte insurance�oceeds. Ie�der roay use the prac�ds to repair or restore tLe Pro�erty ar to pay suna4 _
<br /> ��`,".;�{_:;� :�.' secared by this Serurity insua�esff,w�ether or aot thee�d¢e.The 30day pexiod w�l begia wheQ tbe uottce is�hre�. =
<br /> `'. .�.`:.� lic�on of to sTaaD aot ext�d or --
<br /> . Ualess Lender aad Borrawec othenvise ag�ee ia wrrting, �3► apP P� P��
<br /> . � �..�';;;:,� postpoae t�e dae date of tbe awnthty paymeats ieferieQ ro ia paragrnpbs 1 aad 2 or�ge t$e amounl of•t�°pal+men�.If
<br /> °-., umdes paragiaph 21 the�roperty is acquined by I�nder,Bon+nwer's r�ghi to a�r insiaance policies mid pmoeeds resalting fmm --
<br /> ., �,:,:�,;:�:�;�; . damage to the pmgerty prior m the acqu[sitlon sLat!psss w Leader m the eatent of the s�ms socaued iry this Security Ins�t --
<br /> �: ..!'.�:,_:'�. ���rIor to ihe ac�qaissittoa -.
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<br /> ...:�;�r�,:.�:;._�,. 6.Q�ancy.�oa,Ndsiit�msaoe and P�vtedton oP tt�e Prnpeaty,Borrowc�r's Loan Appltcatlon;I.�s�oids. _
<br /> . :� Boaower sHaU occupy.establiah,and nse the Progerty as Bmrcower's p:incIpal iesidenee aitbia sixty days efter the eae►artian of _.
<br /> .:�i: this S�ariry Inst�e�t aad ahall oonttnue to accupy the Y�periy as Babrmwe�'s principal cesldenee fo=at teast one year after --
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<br /> . • � the date of ae�cy:ant�Ireader otkeewlss ag�coes in writin$,wLich oonsen�sbail not be�nably witbhetd.or tmless
<br /> � � . .� extenust�.:si�mstaaces exist afitcb�e 6eyond 6orcower's oamuol. Borrower shall not destmy. dama8�ar impair the --.
<br /> "�"<.,"�,: `�<-� piopeity��?ow the Pcopeny to decerIoratc.ar cammit waste on the Pmperty.Barcawer shall te#n defantt if aay fo�eitare -
<br />. .r .' action o��vc�g.whethet cIvIl or ctimtnal,is begun that in Iaader's good f�th judgment could tesniE ia forFeitare�f the ' _
<br /> ' ' :.. Pcopertq'er atheiarlse n�atetlalty impair the lien cre2ted b3►ti�is S�ry tns�effieut or Leader's sepuIry tnt�rest.Borro�c may --
<br /> ..°.• �:�c:�._ � �s�c��m�:faWt aud teinstate.as Pmvides in paragraph 18.by c�sing t1�act�on o:Pmceedia�g to be dlsmisse4 whb a n�ting - r�`,_.
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<br /> f h��, '.' impairmea�+sf the lien ueated by t2��►IasOU�trent or�'s secauiry iatem.at.�mwer sh2D also be Ia�a'f . � -=
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<br /> �, r,,: �,'f<<� � `.? Rormarer.du�Iug cite taan apglicadoa pmcess.gave n�te�lal�y fat��ur�s.,,ate�nfom�tion�r statem�nss co Lendes(oz•�8�} � , :.. �
<br /> . to provide I�der wi�aay mateda!infanmmiaa}ia eo�on with'�e taa��?r�msed by the Nate.inclndiag,b�t not t�m3t�1 � '-�`
<br />_ � . ' '�'. :` ,to,�entaaoae concemlag Botrower's ocenpanc.y of the pmperty as a pr�p�e�sidence.If tLia Secnrlry Insaimnent is oa a .-
<br /> _.'..'''�"'- teas�o2d�,.Borrowcr adalt campiy v�ith aII ths gmvisions of the tease. If�orrower acquizes fee titte to the Pcopsrry. the '=_.
<br /> • ' leaseIlold and tLe fee tItle sbaU not metge an�ess Ixnder agiees W tt�merger in wridng. `��
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<br /> .. • ' 7.Pe+ntetttan of Lendcr'�I�ia t�e Anperty.If Bo�wer fails to perform the cove�aats and ag�u�eontained ia �-
<br /> .. ., this Sec.ority 1nstNmaat.or there is a legal proc�ng tLat may signiticanfly affe�t Le,nder's rlghts in 1�Prope�cy<sucb as a F':, _
<br /> :"(�. ,.: ': proc�eding in DaniQUptcy,P�bate.fos oandemna�a or fozfeitnre or to enfo�e laws or iegalarians),�then Leader may do azW `"
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<br /> �`,.�• ,.. ',� pay!or w�atevet is neeessasy w pr�a�ct tEe vatue of the Pc�nperty end LendePa rIghis iu tLe P[aperty.�Leader's actioas uiay
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<br /> , ,:�, �`•� " inctode sums s�aaed b�'a.lien wbicb has rlori .over thia Seauiry Insuun�t, aPFear�ag ia caurt�::P�ying �;
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<br /> .. reasonabte attomeys'feES aad eutering�n tbe Prapeny[o make c�s.Althangb I,�der�y�ake aaron under this p�+apD `,_. ..
<br /> ` . • ' T.Lender dces aot have�,�do so. � • . � . ��`
<br /> � �� ' ' Aay ambunts dis� by l.ender under thie pa:a�anh 7 shall b��dditional debt of Bmmwer secured 1ry this �= -
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<br /> . Security lr�umeac. Qm'�ss Bonower�d Le�der agr�e to other teims of payment,these amownta shaU bear interest fmm she „�;=
<br /> �... ',: .�:::� - date of di�sement at the Note rate aud shall be payable.witD interest, ugva notice fmm Lender to Bormwer ce�:,esdng �_
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<br /> .. • P�8 Mortgage�ance.If I.eader required mortgage lasuraace as a coadition oY matdng the toaa se�ed bY�Seaulry �
<br /> . ,,: ' :�.Issm�meat,Bonowera�PaY the premiums required to maintain the mortgage iasu�oe in effe�x. 3g,�a�r�reason.the ��_
<br /> , �;:��:;r, ;: : � mortgage 1n�uance ca�age�red bY 1�nder lapses or ceasea[o be in effect.Bomower a��ll pay the�iemiums s�3reA to �
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<br /> ;.,��t���;:;;.. '. , �. aDtain aoYC�e snbstaatialty equivsl:�to the mortgage iasurauce previousty ln effect.at a:u�t substsadaUy'equivatl�cu the �...
<br /> ��!i;��;: cost to�et of the r�ortgage i�nce previonsty ln eff�,,from an altemate mong��nas�uer approved bj►�3i�t. 1f �`'
<br /> :'�' � substea�i'y��.Qnt�tgage insuraace ooverage is not avar�a��e.Borro�-er�haU Pay to Leader eacb montL a sam e�l w �,_
<br /> � oae-ta7etfc3�a�the y�±`i�rtgage insuraace pneminm beIng pafr�by Bonow�r�erac;n the ins�ttaace oaverage tapsed or ce�e�w . . ' —
<br /> . � ; ; be in effax:landes'vrii�t�oept,u3e aad r�etaia tHese paym�ts� a toss res�r+�i� lieu of most�e insuraace. Loss resetve , ��;.
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