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<br /> ` � ' S. Hexard or P�qpnty buurxnce. aortawer shall keep tl�e improvement� now existtng or hereafter erected ou the ��. _
<br /> ��•�� Pro�erty insurai uSainst lass by fire, hazaxds included«ithin the tenn "eatended wverage" uixl uny other hazzards,iucludi� �_
<br /> � -` floods or flaadiag, far w,�lcli Leuder requires iasurence.This IasurAnce shall be niaintainal in the amounts and for the periods
<br /> -�'�� that Ixnder reqaire...'na:,insurnnce csurier providiag the iativrance sba11 be chosen by Bonower subject to L.ender's appraval
<br /> °�`_� which shall not M unrexi�onxbly withheld. If Borrower fails ta maintain coverAge described above, Lender may, at L.ender's _ -
<br />, ' r� opdou,obtain�v�x�,e,v ta protcr.t Lender's ca�hu in the Properry In accordance witt►ParaSraPh�• `-_
<br /> All ias-urair.e pvl3c.ies anti renewals sba�l bC accept�blc to Lender and sl�all include a standflr�7 mact8age clause. l.ender `
<br />-- .'�,�'���'� � sh��G have the risht to ltnld tha policies asscl renewals. If lender ra�uires,Borrower stiall prompdy give to Lemler all n�reipts of
<br />;`���;;•.<t'��;'� paid premiwns axxi mcwwal n��rices.ln tfie event of lass,Borrower shall give prampt notice to the in.s��rauce caniec and I.eader. _
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<br />,;;;�'�;,�.i.;t�,�j Lender may ynalce pxoaf of los�if not inad•.pT��updy by Borrower.
<br />_i�_y�.:�� • Unless Lende�r att�Jl Sprro�ver otherwise ag�ee in wdtiag,i�uurarxe proceed5 sha11 be applied to mstorxdon or repair of the
<br />:6�a,'��� propertp clamagal,If th:restarndon or mpair is economicaUy feastble and Lender's security is not lessened.If the restarndon or
<br /> �=t;:y repAlr is not ecouomi�clly feasible or Lender's security wauld be lessen�d,tlxe iasurance procads shall be aPF�iod to the su,ms
<br /> �,.r�,,,, r,ecured by this Sxuritp Insnument, whether or not then �e. wlth rny eacess pxid to Borrower. !f Borrower stbarKlon9 d�e
<br />-�y�� pmperty,or does�x�t�uuw+ex witl�ln 30 days anoda: fram I..encler Qwt du insurnrn:e currier luis offerec!tU setde a civi�u, ti►ej►
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<br /> �.�,. I.eixkr mry coller.e �trn i�uisrsnce pnxeals. I.eixler nu�y u�e the pnxredx to repnir or rcstnce d�e Prnperty or tn nxy s
<br />.�e,�� �ecutnl by�hls Serturiq�Gtse�ument,wl�ed�er ur t►at tttCn due.Tlic 30rlxy pericxl will beBin whrn d�e�wtia is given. ___
<br />- Unle�► l.�rr�w�►d 9urmwer�xherwisa�gne in wrldn�, wuy wpplicatiun �►f pruceeds tu pdnrnipxl nhxll not extcud or
<br /> .,'T�� �xu�tp�►no�t�r du�r d•uu�af ttin munthlY pAYnKt�te reterr��l tu in pxrn�rrpby 1 ri�l 2 ur cl�i►ge the amount of the psYnxnt�.If urnler
<br /> =�,��. puytaph 21 tt�s Pt+t�xrcy ie wcquiral by Lencfer, Horn►wer'a ri�ht tu any i►uzurnnce policiev unil pmceeds resuldnY frum
<br />;,�. J�ttu�e to�he pn�ty�pdnr t�the wcqnisidcro st�ll pa�.9 to LenJsr w the catent of the sums sa:ured by this Securiry lnstn�meat
<br /> -<"?,�� , fmnxdiately pdnr tn etrn wcluisitian. ���.'e�Applicstion; Leaaehol�.
<br /> _`; 6. pceup�►ncy.�tmerr�tion�Malntau�nce an d P r o t e c t lon o f t h e P r o p e�t y i
<br /> �-�Y� g��,,,�t���,py.esc��qsh�aAd ose the Property rs Bonower's principxl residence withia sixty drys after tt►e execudan of
<br />_ � �;�e��f,r�.,�,��end shall continue to o�cupy the Property as Borrower's princiP�l residence for at least one yeAr aRer
<br />--".�"� the date af occupwcy. uula;s Lender othorvvise agrees in wridng,wluch eousent s1uU1 aot i�e unreasoaabiy wiuu.ciu, ���:.;�
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<br /> __:�� extenuxdng ctrcumstaxtxs ezist which are b�yoad Bo�rower's control. BorrowCr shall not destroy, damsga or im
<br /> - -_= pcopecty, alluw the Pioperr�eo detcciorate,or commlt w�s2e oa the Pcoperty. Borrower shall be in defnult if xny farfeiture
<br /> - � acdon or procealinE, vvtsrtl�er civil or crimi n�l, is b egun t}�a t i tt k u d e�'S 8���Jud�nent could result in forfeiture af the
<br /> = property or otbiuwisc wt�axially imPa�r the lien created by this Security Iasaument or Leader's security interest.Bomower mxy
<br /> --� cure such�d�fault xn�t�utate,As provldal in puagrapl� 18,by causing che acdon or proceeding to be dis�nissed wtth a nilinB
<br /> �i thAt, in Lender's goad fs�idi detemunxdon, Pr�cludes forfeiture of the Borrower's interest in the Property or ottitr material
<br /> � impaimient of tho Sie.0 cxaxted by this Securicy Iastn�mcnc or Lender's security interest. Bonower shAll aLso be in default if
<br /> ' � � gortower�during th�la��2pplicadon process,gave materially false or inaccurace infomixdan or su►teraents to I.ender(or failed
<br /> ' to provide Le�aT with�.ny matecial infonnadon)in cannecdon with the loan evidenced by the Note,i�luding,but not limited
<br /> ' � �.nprestnt�qAat con.-�n�iag Borrower's ocapancy of the Property as a principal residence.If this Secwlty Instniment is on a
<br /> lesisehold, Bormwc.r sbr�l comply with a11 the provisioas of the lease. If Bonower acquires fee tide to the Ptoperty. tlie
<br /> -- leasehold and Wc fae tiUe�nall not m�rge unless Leuder agras to tlie merger In wriang. e�����
<br /> 7,Protoction of Lexder'e Rl�ts In tt�e Property.If Borrower fatls to perfotm the covenauts ancl a8reera
<br /> ----- this Security Ir�sm�mxut, or there is a legal p�oceedin8 that may signiflcandy affect I.ender's righta in tbe ProPertY (such ns a
<br /> , p�i���pi�ry, probate,for c;ond�mnadon or focfeiture or to enforce laws or reguladons), thea Le�ler may do and
<br /> pay for whatover is t�.n��sacY to P��t the value of the Propecry and Leixler's rights in the Propercy. Leixkr's�etiong uuy
<br /> � i�lude paying axry su�mF s�cursd by a lieu wLlch has pniority over Wis Securi�y Ingtrument, appeuciu8 in wure. paYinB
<br /> reASOnable tttamcys' fe�and entering on tLe Pmperty to make repairs. Although Lender taay teke a:don under th�.s par�graph
<br /> 9�Lender does not have to do so. _
<br /> Any amouuts dltbursed by L.ender under this paragraph 7 shall become addidonal debt of Bmm�wer secured by tlils
<br /> Secudry Instmmart. Uulrss Borrower and Lender agree to other terms of payment, these amaunfs shall bear inures�from��
<br /> -- dau of disburseuncut at lt�e No!e rate ancl sha11 be payable, with interest, upon uodce from Lender to Borcower requesting
<br /> _.� .:�,,:,� gayment.
<br /> -- -= 8.Mort�aEe I►tsrarnna.If Le�ler royuired mongage insivance as a condition of making the loan secural by this Sxurlry _
<br /> -���— Insuument, Bormv►ra sl�il pay the premiums required to roaintain t�e mortgage in.curance in effect. If, far any reason, tha
<br />'""m'�° mortgage in3urance cx�we:cu�n n9uired bY��er lapses or ceases to be in effect,Bonower shatl pay the preminms re9uired to
<br /> -""=��'"�n� obtaiu cover�suharss��dly eyuivalent ro the mortgage insurance previously in effect,at a cost substandally cquivalent to the _
<br /> ",=-ye:�c:r� cost to Anrrowes uf ttr�mortgage insuranct pnviously iv effect, from an alternau mortgage insurer approved by Leuder. If _
<br />--=-�=`=_Y�"� subdt�tlly oquiv.�9wu martgage iasurance covarage is not avnilable,Bonower shall pay to Lender each month a sum equal to �
<br /> � T � one•twclfth of th¢y.�uly mortgage insuriwce premium 1�eIn8 Paid by Bonower when the iasurance coverage lapsecl or ai�sed ro _
<br />-"�.�� be in effect.i.e�cber will accept.use anci retain these payments xs a loss res�e�ve in lieu of mortgag� insvrance. L.oss resetve -
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