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<br /> �' S.�ia�rd or Properir lnaur�nce. Borrower shull keep thc improvemcnts now existing or her�wfte,erxted on tha Pro�erty ���
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<br /> insurul against loss by fire, hawrds included within the tcrtn "extcndcd coverngc" and any other haznrds,including floods or
<br /> � �' � �• `'° floading,for which Lcnda reyui�s insuruwe.This insurance shall be melntained in tho emounts and for thc pedods thet Lender �"
<br /> . 'f:
<br /> • requires.The i�suranca cartier prt,viding the insurnnce shall be chosen by Bnnower subject to Lender's approval which shsll not �°:
<br /> ;#,,�,��� be unrca�sonably withheld,If Borrower feils tn maintain coverage described above, Lcnder may. at L.endcr's opuon, obtain .�-
<br /> . coverage to protect I.ender'e right�in the Property in accordance with paragraph 7. "
<br /> All insorance palicies and renewals shall be xceptable to Lender arid shall include a stnndard mortgage clause.Lender shall �•
<br /> ;�� have the right to troW the policies and renewals.If Lender nquires,Borrowu shstill prompUy giv�to T.ender nll receipts of paid _
<br /> .,�._. _
<br /> 'm' �► premiums and re�wal notices.In thc event of loss,Borrowu shall gire prompt notice to the insuranca ctttrier and Lender.Lender _.
<br /> �, cruy malce prooP of loss if not mad.e prompdy by Borrowa. _
<br /> Unkss Lender and�3arowa otherwise a�oe in writtng,Insurance procads shall be applied to restoreaon or r�gair of the `_-
<br />':;�,,:. �:" proputy dAmaged,if�he ratoradon or repair is economi�lty feasibb and Lendcr's socurity is not lcssened U thc rostorntion a ,.
<br />- :;';!''� repair is nat economically feasible or I,endu's socuriry would be lessened,the Insurance proceeds shall be upplted w the sums _
<br /> - seau�d by this Secuciry Instrument, whether or not then dua, with any eacess paid to Borrower. If Borrowei abandons tho -
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<br /> �,�,�,..,, Proputy,or das not answer witk�in 30 days a notioe from Lender that the insurance carriu has offe�ed tn seqle a claim,tltan
<br />_�,.��-.-....: . Lenda may colloct the insueance proceeds.I.ender may usa the procecds to repair or neatom the Property or to pay sums secured
<br /> •+•^`;:: ;,�� � will be ' whcn d�n aodce is ven. -
<br /> .�',,, .,��:,-, by thi�Securiry Instre►.RSent,N�hetha or not th.,a due.'Ihe 30-daY P�'-� B� Si _
<br />-;,:��;;,.,�;i• Unless La�s3ar�d Bo�rowu otlxrwise agree in writin8,anY aPPli�ipn of procads to pcincip3l shall not extend or posYpone .
<br /> �"'���d�m' the due date af�monthly payments nfernd to ia paragraphs 1 and 2 or cl�ange tl�o anwunt of tbe payment9.If under para,graph
<br />'-,.�,..�,,�� 21 th� Property is acquired by Lender,Borrower's dght to any insurnnoe policies and pmceeds resulting from damage to the
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