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<br /> . '. 5. Ha�ar�ar�+npeety IQSUpartt� Bortow�sbaU k�p th� impmve�ents aaw eaisdAg,pt,,i�ereafter ere�ed an the
<br /> ,.. . Praperty iasurod against loss tiy fise.ha7ards iusWded within the term'extead�!oaverage°and any ather t�ards.iacIudiag
<br /> _ ftaods or ttooding,for wdlcb Leuder requ�+es ias�uanoe.Ttus insa�aace shaU be maintained m the amounts and far the periods
<br /> °:�,�:�.;z that I,ender reqttires.The insuranoe ca�rier grovidirg t6e insurauce shaU 6e chosen 6y Borrower subject to I en�er's appmval
<br /> ��_:� wiuch shall aot be t�areasonabty witht�eld. df Borrawer fails m maI�ain caverage descn'6od above. Lender may,at Lender's
<br /> '. •. .,:-- : aptian.obtain ooverage ta proteet l.eader's rigt�in ttte Piopesty in acoazdanse wiW p�pb 7. _
<br /> �`�� ` „ ,, .t' Att ias�mace poficies�d ienewats shaU 6e acc,epta6le w 4�nder and shall incinda a stamda:d mortgage clause. LEader
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<br />- �- .'_," shall havethe r�ght�to hoId the policies and renewais.If Lender cequires.Borrower shali hr'nmPug.�ive tn l�nder aU zeoeipts of
<br /> �._';�.:;',::,`'�°^ pa�d premiuws and tea�wal notioes.In the,eveut of toss,Bomawer shalt gnre pmmpt aati�w�the�uaaoe raaier and Lca�dea
<br /> :� '� �.ender may make proaf of Ioss if not made pmmptty by Harrower.
<br /> `::_'��:'�•:. Unl�Lender and Boar�wer otttecvvise�ia writing.msaiaaoe ppaoee�ts si�lltb�agpliiSd to restoratinn or�rair of the
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<br /> �..'' --�.;� � �P�I+�,Yf the�ion.or repair is ecvaamicatty fessibld and Le�da�s s�uaty is ttot tessened.If the testora�ian pr
<br /> �;t r+ap�ir is not.ecoaami4alty��sibl�or LendeT's���3autd�he.t�sened,tke ins�auce gmceed.s shatl be apglied.tb t�s�
<br /> � ' �' � ,��r.i.y� sea�d�l�y tbi�.Se�a�rityr:�ent, .�r ar�p;strr2t�dpe,with any►excess paid to Bnr�r�,iiit�: If Bonower aba�r3�1�
<br /> �, ��St�,��;..;k' �toPertY•or dnes aoi a:�.���3�.�d������C#u Leadec.U�at tlte inswanoe.canie���ffer�mo s�tte a clait�`�ts `
<br /> �aA� ; -�e�der may wue���;�:��'�S't��r���� ���:.��r��i+,a�the P�oPert3►ar Lo Pay�; .
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<br /> • ',#a�� �•:� - "i.. �±��"'°'��'�6'L'�'2�.'�5 w.I�C[II�'„2+�:'�lipflOA Of pi0022�5 t0 jf71d£i�SI12I1 IIOt B7iLCA[C1!G�C'
<br /> `_:^.� P:� . '�an� 't�s;�a�ate of the montGl�r��teats tefetred w in pa�aphs t aad 2 or change the amount of t5e Paymetus-If
<br /> �-:.,.,:�_=._ �_ � dnder p��23 the Property is aat�i�d by Lefider,Boirowds ri tu
<br /> ���" to tfie S� �9 ins�t�e policies and prac�eds�,vttia�fmm
<br /> . . �- �.:. da�ge PmP�Y P�r w tHe acquisition aLa11 pass w Ixuder to the extent of the sums secured by tbis Sewrity i �me*•.+
<br /> immaliatety prior to tl�ee ac�,;�;,;�,i, . ..
<br /> �' ':- 6.�+cupaacy.F�+eservatioi�,Mainteaaace and.Protectfon otthe Ptoge�ty;Bunower's Lnan Apglic�aHon;Lasrhotds.
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<br /> � �'' :� ..; .,..;; Bomawer shaU occapy.estaMish,and ase the Praperty as Bomower's prtacjpal�esiden�e within sixty days aftee the exeauion pf . .
<br /> • ";��-:_ this Secvrl"ty Iostrarnent and small ooatinue w ocaupy the I�mperty aa Borrower's prInsipa!�deaee for at teast oae year aRer . : ,
<br /> . . :�;+;Y ',F tlib date of aocupancy.unless Lender at4er�vise agrees in writing.whtch oansent shaU not 6e unmason�bly withheld,or untess
<br /> `T ,., , caueauating circumstaa�s exist whEch ate beyonA Borrower's canuol. Barmwer shall not destmy.dainage.or,lmpair the
<br /> .. ;• :�; � PrnDerty. aitow the Propeny ta detereorate. or commit wagte on tAe Pnupeaty. Borrower s�ll be in QefauIt if any forfeitune
<br /> . ' `'s �a�ar pmc�eding.ahe�hes civil or crtminal.is begun t6at in Lender's good faith jad�nt cauid�saTt In forfcidu�e of the
<br /> , : _,. �F . Pmperty,or oi6erarise mateda!!y lmpair the lien ctrated by this Sewrity Instcument or I.ender's sccarity iater�t.Bomovv�r may
<br /> -------_---'�r ' Cui�C suCh e defaWt 3Ad teinStaiE.es pmvIded in t�aeran�18.by cavsine the actios►o�pmeeedino tA R�•dia.ni�w1..,�s t ' -
<br />� , - , .—��'`, `� tdat.in Ixader's good faIfh determinatioa, P�eclades forfeitrue of the Bormwer's interest in the Property.or ot6er�ater�al
<br /> '' '� airment of tise liea created!s this Securi InsuuBtent or Lender's secari
<br /> i �P Y �Y ry �nterest•.Bmm�wer shal!siso be in defanit iP
<br /> .; . °«%��: °� Bormwer.d�ttazfg die Iaan applicatIon pro�ss,Save mate�iatly Palse or inaxurate information or stA± ta ta Leadet(ar faile�
<br /> .. � . :; w pmvlde Lmder with aay materiat,informa�ion)in wrmecbion witb the loaa evidertoad by t8e Rote.inehtding.6ut not limited
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<br /> � �� . to.mp�tionc c�nceming Rortower's as!�ttp�acy�f tite Pso�tig�s�prirsipal msid�c.:.I€iltis Se�uriiy Ivshumcat is'ona
<br /> ' . `:.i 2easehoW. Bom►aer shall comply a+Ith ail the provisions of the tea�e. If Horrower asqaires fee pde to the Propecty. ttte� _
<br /> _ ��;s�j;,<,';.�.:.. �.�i �eas�oId ana the fee tide shaU aot merge unless Lender agrees to the ceerger in a�ri6ng. ,
<br /> `• 7.L�utcc�on of LeadeNs R�hts en the Ptogeriy.If Borrower C�ids to perform the oovenants and ents onntaia�ia
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<br /> � •-,14,� ;,� this Seauicb;�suument,or there is a Pe�J pmoeeding thai may��saatiy affest Lendec's aeghts�h the Propeny(s��a
<br /> ��;'�;:-=='� , `; ::� Pmceedia�n.�a�bankcuptcy,Prabate.fdr s�-�emnarioa or forfeiuue c�s¢o enfome taws or eega[3tions),then Lender may'do aad ,
<br /> :.�,. �,-�: ',.�aY for whatever is necessary to protect fhe vatue ot the Pmperry aad Leader's t3gtus 1n the Propaty.I�uder's aainns Ynay
<br /> . -` ;, .<<. , '� �-�ctude payii� any snms secured by a lien wh�ch has prioriry over itis Security Ins�ame� appearing in oourt. jn
<br /> -•� r '`; reasonabte�tscimeys'fas and emering e�the Property to make r�.Although Lend�ma�.tra�aaron under this pac��h .
<br /> ;�{'� i _-; 7,Le�tder itic�3 aot ha�e to do so. . :..• .:s'''• .: ,� _
<br /> :;E� ;,; Any a,:,nuats dist�ursed by �mider Wls paragraph T sF�U become additional c�tt',iiY Barrower socuned[ry tHis
<br /> _. .,`..f Security Iastrument. Unles�Bormwer and Lender agree to oWer terms of PaYme�.these a�shaU hear interesc from the
<br /> =• :�� datc of disbnrsemerit at t�lVote rate and shaU be paya6le, with iaterest, upon noti�fropa l�der to Bo:rower tequestia,g ,
<br /> v ' payment.
<br /> . '°i# ' �. 8.Mart�e��ne.It LenQer required mortgage insurance av a condition of malaiqg.o(�_Paan secaue�by this S�ecuiity
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<br /> •. � .:� Insavmen,T�uirower s6�lt nay the premiums nequine0 to ms�ntain ti�ee mortgage insuranoe 1n�effect. If, for aay c�eeason,t�e
<br /> '. . . .,;. mongage insuraace oov��yuired by Lend�r 1�ar eeases ta be in cff�t,Barrower shall pay the premiums re�qua�to
<br /> , , obtain covetag,e substantial�y eqaivaleat to the mortg,a�insuiance previously in effect,at a oost substanLalty equivalent to tiu
<br /> , ... :� oosc to Borrower of the mo�tgage iasaraace previously in effecx.fmm aa altemate mortgage insurer aypmved�y Lender. If
<br /> ,�� . � , substaatially equi�mtQr�mostgage insurance oovernge is aot available.Borrmver•shall pay W Leader eac6 month a sum eq�n1 W
<br />- � ono-twelftb of the yeariy mortgage iasuianoe premium 6eing paid by Borrower when th�insuraace�ve�age lapsed or eeased W � �
<br /> . . . # be in effea.Lender wiU eccept.use and retain these payments as a toss mserve!n {ieu of mortgage insurance. Loss reserve
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