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<br /> .':,�V`.<% ` � 5. �or Pt+u�ty Yssarance. Soirower shall I�eep tt�e im�mveme�ts anar exi�ting or heneafter ereete�on the _
<br /> property�nsnted againFC loss by fae.6az�tds inciuded taithin the Lerm"exteut2ed coveiage° aad anY o3hes hatards.�nsludin$ ___:
<br /> ' � � ; fiaods or flaoding,for wbich Leader requires insvranoe.This i�uanse sha]Z 6e maintained in the amaums aad for the�eriods
<br /> r'`�'� - �'}: ti�at Lender reqttires.The ins�uance c�ier pmvtding the insaranc�s6a1!6e chosea[sy Boaawer su6je�w Lender's approva! _
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<br /> . ,�-?.F whird�s�ali not 6e unreasoaably withheld.If Boaower fa�s to nrasntain aoverage dascn'bed airove._Lender may,at Ia�der's �
<br /> " ::`:.• ,:`� optiUn,obtain 000erage to pnot�t Ia�der's righu in the Pmperty in a000rdance wit6 paragra�h 7. ;:.•� _�
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<br /> ��,�� =:�II�ir;�u�,n�e poficia aad renewals shall be aooeptable to I.eader and s6all include a��ccortgage claase. Lender ��
<br /> ,.,`1,����j��'� s&�:�ce ttis ii�it w hold the poIicies and t�wals.ff Lsnder rect�►�tcro.u+er��-.'���`.�'L,ea�lei gltit�eigts of =
<br /> '` �'� ?>r,� p��p�a�ieaewatnotices.Iathee�entofloss,Borrowershait:��tepz����►.��v:t��nc�caaieraad.Lendez::�.'. �
<br /> ;� ���; f of loss if aot�g�ompdy by Borrower. � ' ` �
<br /> ,; Lender may n�at��o
<br />_ ` ' . ; �•.,'� Unless Led�r aad Bomower othecwise aghee in wridng,tasur'dnce grac�eds shallibe appiie�co s�eswtarion or n�pair of We. . �.
<br /> ;=';i Pr+oP�Y�5�•if tite restnration or repair is ecaaomically feas�"61s aa�i.ender's seauRy is aot tessea�xi.If the reswration br � -
<br /> •. :�� t+epait is nnt ewnomically f�.v'6Ie or Leader's se�vrIty wonld be lessened.the iasurmu�e prooeeds shall be appfied to tIIe sums _
<br /> , . ,'%..,;�4 s�.acumd by t6ts Secudt�►Insomment, whether or aot thea due.with any exsess patd t�Bottower. If 8ormwer abandans the .
<br />:.,. . •..�. .
<br /> '..-� :Y:�` QroPertY•or does nnt answer wtthin 30 days a natice fmm Leuder thac"thc iasarance carrier has offere3 to settle a claim,t�en .-
<br /> `,,z� Lender maY oollect the iasurance pmceeds. Leader may use the prooeeds to repair or restote the l�roperty or to pay snms
<br /> .{ �Y ad wiIl Begin wlten thQ notice is glven. _.
<br /> t secured by this Secadry tnstrument,�vhethe*or not tken due.The 3Od$Y P�
<br /> �v
<br /> . " �; Untess I,ender and 8orrotiver othziwise agcee in writfig;anY$PPIication of proceeds m piincipal shuil aot extend os ,.
<br /> .. ,'. .�%�: :';� ' s ne the due date of the mosittLty payments referred to in paragraphs i artd 2 or change the amount uf the payments.tf�• .
<br /> ='�%' f.:.4 =: ..,;.;€ �� ht -
<br /> . r.t unaer paragxaph 21 the Praparty is acqair�try i.eader,Borrower's right to any insutanoe poticies and pro�Qs resulting from _
<br /> � . �;;� ; damage w.the ProPaty►Odor W the acquisition shail pass to 1.ett4er w the extent of the suins secured 6y this Sec�urity Iusuuinent . --
<br /> . - - — `` � immedlatety prios w�he acquisidoa. . . ' � ,
<br /> ._ _ _::�'�;: 6�������tEon•Mai�uteaaace and iMotec�ion off tAe Pioperty:8orrower's Lnan AppStcattor�;L�asehnid4.
<br /> 1'��- �;� BoTrower shall occupy.estabfish,aad use tLe Prnpeny as Bomawer's psincipal resIde��ce withia s3xty days after the'exeaition of_ .
<br /> . ` .• � this 3�catity ,mer�t and shnU aanHnue to oocnPY the Pna�rty as Borrower's principal t�si�eace for at least oae year a�Rer
<br /> . . �:` ' uuless Lender otherwise agrees iu writimg. wluch conseat sGall aot 6e nnrrasflnably withheld,or nniess
<br /> ._ .�,.�! the.date of occupmmcy,
<br /> . --- + ex�u�ng �ces ea�fst wbich are beyond Btamwer's coatml. Hm�roWer si�alt aot desa�oy, damago or imgair'the.
<br /> .� Propem�.altaw the P�oPertY w detertoiate.or cornmit•�ste on the Pmperty. Earrower shaU be in defm�ft'if ang forfeimre -
<br /> action as pmoeoding,ahethet civil or criminal.is hegun ibat in t�d�r s gaod'fa�jnd�ment a�d'r�sait iri�forfein�e of d� ,. , ,:__.
<br /> �� ' � tIte lten c�eaied by this �uumeai or Lendet's'sc�ty iatetest.Bormtv��, ,'_; ,.:.
<br /> .� Prop�cty or other?Hise m�teriafly impait s�s.;.
<br /> .. , ; cnre snch a d���.�d�smte.as pmvided in p�agcaph 18,6y ar�the sction or pmceecti�3i�be dismissed tvith�r` f
<br />_ � : .��} tbat,iu Lend,^s'k�'gaad faith detertninatian, p�ectudes forfeiduB o�•{���urrow�'s.uuerest ta the Property or other mat���!�`� , t =_
<br /> '�• . • � .tmpairmsnt of��lien crzat�d by this Secarity rnan,.m�t or Lend�r's s�carity i�est Barrower shall atso be in defaiilt'if� , :��f.--
<br /> `'' ,ttfm�matlan or stateme�s to I.ender(or fail�d . , _
<br /> � , , e�aeriiuUy false.�¢i.�cc��. ,
<br /> �'�: Barmwer.d��the taan agplication prooess,�► �
<br /> ,. '.� to provlde L.enc�:.r with any matetial iafoimation)in aonniotian�vi�r�.i�ioan evideuced tsy�e'l�f�,,utcluding,bnt not IimiCed � ,:�
<br /> t�dr��:� '�` :�ecurit!►:Ins.ttum�nt ia an:ti � t��`
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<br /> Lo.rePresentatians ooacertnng Bomower's oocapaucjr.a�the Pmperty as a P�at'.. � i
<br />_ . . ���� �e�dtle to.ft�.I'ro . Qip ,.�`--
<br /> l�asehold,Bon+ower shall comply witb all the pravisiq�of the tease. If Bmm(r�xr acquires . , P�Y _-
<br /> , , � .�' teasQhoid mnd ths fee 6fle�11 nnt merge untess Lenderas,�to the merger in�• :��. • �. , t,�
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<br /> petf�d`the cove�arus and agn�m;.�hFS bontaiaed.� : {t--
<br /> ���� . 9.Pra',�knA of I.e�eNs lti�ts in t�e Ba+uperty.Y�"B�mwer�:�.s to . , ; ,� ,�-
<br /> , ' � this Secuiit}r�'�t4en�or thet�is a Iegal.pmceQding that imay sigxff�andy a�fect�Lender's rights in the P'capetty�(such 4�*�r�. ;.
<br /> ., ,
<br /> •�' �,��i 3 pra c e e d i ng i m�u z f�'u P T�',�o b a t e.f o r o o n d e t n a a t m n�o r f o r f e i t t u s e o i t o e n f o ro e l a�v s o r r e g n l a t i o n s).t h a i L e n d e r t n a y_d�a ,'>>�,`,r s��';
<br /> , . ,� for�`�`�s`n:c�su1�+to Pmtert ehe value of the Property and Lender's rights in the Fmperty. Lender's actions`tt� <<j , i,
<br /> ,�, .., :,
<br /> ...:a�",°�:..: .�� inclade P a Y i�.anY s�m��� �l► a lie� whicl� has priority ovet this Security Iasuument. appearing in.eourt, paYi��..f ,��,�_,
<br /> . � seasoaable atur�ys'fees aad enteriug on the ProPertY to�ake repairs.Althaugh L�d e r may t a k e r.c�on n n de r t A i�t p a t�a�s!}. . ••s.
<br /> '- ; 7.Leuder d�uat have to do so. . . . . �� `: , .
<br /> ' pny amounts disb�rsed by l.ender utider thls pazagraph 7 shall beoame aQ d i t lo m a l d e bt a f S urrower s e c u n e d b y'.t�u s .
<br /> .�'•., � S�ri t y.InswuLeat.Unless Bomnwer and L,ender ag�ree to other terms of payment,these amowus shal!bear.imterest ftom t� .
<br /> _ � 'f'� date of Glsttursemeat at the Note•:ate.and shall be payable, wit8 int�erest.upan,aottce from Lender to Saritzvrei requescin$ . .�...>.
<br /> ,�,..�� .,_ . ;• iii+�,.
<br /> � � , . � � ,�;
<br /> .r' ; ��n� . '
<br /> ,� �.M�e I�saeaaee.If Lender Yec�red mnrtgage insurance as a w�Cdf�dn of matong the loan�by this 3c�ltrtiY .:��'�'� ;,;
<br /> , Lisu+mienent, Borrower shatt pay the premiums r�ilred to maintain the m��qe in��nas in.effecc.�If, for any reusb�,;W� ' ' ,'� :.
<br /> .., ,. � ,.
<br /> � ,� � ':: � mnrt g a�e insntan�cse eaverege m�quired bY Lender tapses or oeases co be in effr�ct,�orrower shal!pay the pcemiurns reeNiretl tq �� --
<br /> . . � obtain ooverage substaadally equivatent to the mortgage insuranoe previousty�iu�e�f�,at a cost sub s t a n d a l ly eqvi v a l eat tit�':,;'��`,;;�.f�.
<br /> . oost w Hoimwer of the mortp8e insurance prevtously in effec�.from nn altemate mortgage insurer apptbve�by Leader�,�f .
<br /> � � . substantia]iY equivaleat mortgage insumnoa coveiage is not ava7aDte,Horrower sha11 Pay to Lender ear,h mor►th a sum oguQl�,tro.
<br /> '� � on�taelfth of the yearty mortgage insuiance premiam being paid by Bonurrer when the insuranoe ooveiage 1oPsed or oeas�ta
<br /> ... �`��`` �'� be in effect.Leuder�vill aooept.use azW m,tain th�a paymems as a[oss reserve in lleo of mortgage insuraaae. Lass reserve
<br /> . ' . - Form 8029 9180
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