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<br /> r �� ` BOIIOWC[ SbB���� �IOYCIII�118 IlOW C�$ CiCCt2d OD th6
<br /> � ;. .r...,,-' . � A8mld O! F�+Op�ty I�u'ence.
<br /> .. , - p�,pperty insnred ag�inst toss dy ti�e.hazazds inctu�ed wUhin the term°exteaded coverage'aad any other hazards. including .
<br /> `��..,' �laods or tluadiag.for arhicL Lender rzquues insnranoe.7bis insurattce sball be maintaiaed ta the amounts and for�e pedods < :
<br /> 'r,'-�' that leuder requires. Tt►ee insusaac�cazriet PravidiAg the insur�ace sha11�e chosen by Borcower subject to Leader's appmva! ;
<br /> T Lender maY 81 L�CI�B <
<br /> - - --- - whicb shall n9t be anreasoaabiy wit6hetd.If 8osru�ver fails to malntatn�verage dessribed si�ove. • �Y_,
<br /> .. � .,�Y:i. optioa.obtain coverage w Pm�x Lender'8 ci8bts in the Ptoperty in eax�orda�ce arith paragraph 7.
<br /> ' A 1 1 insurance p olicies and reaewala shall be accePtabte.to t�eader and shaU iactude a�� m+ortgage ctause. Lxadcr �:.
<br /> � �Y st�all Lave tae ag�t to bolA the polIctes aad renewats.If Leacter requires.Borrower shall pmmp t ly g ive to I�eud�r all�ecei pta of
<br /> t I notece to the lnsuiancc cazrFer and I.eader• �-
<br /> �. . ,.`�.,,- paid premiums anA re�val natices.ta tBe event of tass.Boirawet shall give psompt v
<br /> � I.endpr may�make prnOf of toss if nat made pso�tlY�Y Borrower. _
<br /> �,�.�'�: Udess LEader�d Saemwer.oiheiaise agree in wridng.ias�uaace Pmcxeds shall be appl�ed�ro reswratian or iePafr of the _
<br /> �x,` ° .. Pco etty dama&ed.�f ihe restoration or repair is er�saamicaltY feasiDte ana I.ender's seauitY is a�t lessened:�If the s+estotation or
<br /> b. .
<br /> • ' �� '`�`��' r�air Ls not economicaily feast'bie or Leader's s�tY wauld be 2�ihe insuiance Dmoeeds shall b@ agplied w the sums __
<br /> secuced by this SeiauitY Instrumeas•arhether or not then due.v�ith�y exeess gaid w Borcov�er. If Botmwer a6aadans the
<br />� _ . . '.,'�. pmperty.or daes aai auswer with�c�0 days a nodce fmm Lendcr that the ias�uancc carrier has offe�ed to s�e a claim,then
<br /> Leader,maY use the proceeds to repttirr or restore the Piapetty or w Pa�► sums
<br /> � • � `• `� L�der maY coltea t�e iasurance pmceeds. erfod w�l beg[a when the aatice is giyen.
<br /> �,=4,�� inst�ment.Rrhether or not then due.The 30-day P e a . —
<br /> . ,.�;-; se�ared by this� m writing, anY aPPlic�dan of pm�eds to priactpal shal! aot extead ar
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<br /> . ,_-• ,::., ::;` Untess IEnder and Borrower othec�vise agme � 1 �d 2 or daange the amount of the payments• If -
<br />-�-� -,:�,�� gostpone t6e dae date of the�Y F��referred w in paragetil�s ����pmceeds icsutting fmm __
<br /> . ', . under patagraph 2t the Property ts�tit�d by Latt�er.Borrower's stp,�tt W auy rnatmmmt �
<br /> • ."'"z`--�'� damage to the PcoP�Y Prior w the asqnisition s�all pass w i.ender to the extent of the su�s secured bY this Se�ity
<br /> ' �iatetY Prior to the acqu�sitIon. a I.casehoids.
<br /> �J!', Fr�ervatEoa.��Protec�ton of the Ptop�ty,Borrower's Lcazs A�g�a�o :
<br /> ` �;.�;�;.: . 6.Occal��9. as Boimwer's tesidenoe withia sktY d�Ys�the exe�ution of
<br /> � iut
<br />.. --�:.�' . � gorrower�aU aocupY,es�ablish.aas4 use the PmpenY P�P�
<br /> ^.,,.,,,` .-' t and sUall o�at�une W occapy the PropeRy�.s Bomnwer's princigal re.sidenoe far at leagt aae year after
<br /> :,,.,.,:s , .,�:.�, this Sean'itY Ins�me� in wri�ag,whicb ooasent sbaII aa�be tmreasnna6ly avitl�held.os ua2ess
<br /> �� the date of occupaa�ry► unless ixa�°��e 8ffi� oo sent
<br /> _�:;�;.� � � " , .
<br /> ',..:���' : � .::�a`•'��", actenuating cua�st�°es e�dst wi�ich ate beyoad Bomuwer's eoauol. Bonower sbail not destmY, dama8e or�nPair the
<br /> .� Propecty,allaw the Pmperty to deteciorate, or com�t aast�an the Pmg�y.Bomuwer shaU 6e ia deFanit if�y forfeiture
<br /> ':� �: �' at conid resalt in fasfe'smie of the
<br /> -:�,:5 � .�� ,... that ia Lender's goad faitFi judgtne
<br />_ ',�•�:;i,���;° �� "�' aa[oa Qr prace�fing.ahether civ�or criminal,is begun or U��+er's se�uiry inter�.st-�nuwer may
<br /> :.;;,;,r °� ' ., air the lien created bp this Secority Inscrument
<br /> ::: . . .:: �P�Y or othetwise.materlally imp h 18,bY�using the acdon or ga�s�in8 to be clismissed�n'tTi a tuling �
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<br /> ..,;�,:.: ....:�:, cure sac�i a default and�iastate.as Provided in paiagraP or a1�material .
<br /> - that, ia l,ender's gvod faith determinatlon.przsiudes forfeitare of the Borrower's iateta�m.� �P�Y _-
<br /> .''�''`= of the liea c�eated by th'ss Socurity insaument or I.ender's seauity inter�st.�Borrower s1t�11 atso br ID default if
<br /> '.iYS�:'r:;, impaitm�t to I,r�der(
<br /> roc�ess.gave materiaUy false or inacc�rate info�marioa or s� �f�
<br /> . '<. ,�; :. Bmie•r.'er,dvsing the loan appllcatiaa p tfle NotB,'sacluding,�.at not limit�d
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<br /> .����a„�t� w prov�ide Lender witb aaY mater'sal iafam�at[on)ia wnnection witb�ao�►��b ffi.�If this Serauiry Iastm�ent is on a
<br /> :; �.;�� �•� Lesentations concemiag B�awer's accupancY of the Pmpert3► P�P m�
<br />_ .;:, to,reg fee dde to the Property►. thc
<br /> . leasehold, Borrower shaU comply with all the provisions of the lease. If Bormaer�squires
<br /> .. ��,�.. ieaseho2d and tbe fes titte shall not merge aaless l.euder agc+e�s to the merg,er h►wridng. " �
<br /> � �� . 9.Ymtedion o!I.ender's L�iBgMs ia the Pi+nperiY.If Bomawer fails to perform th�cm+e�ants�t a�eements contaiued ia :.
<br /> :�.. 'r'::�';. ._,.•"' . this Se�u��Y�eAt,or thae is a Iegal psooeEd'mg that may siSpificanuY affea Le�r�rx's rlghts iu�the PtopertY(such as a _
<br /> �-. °� .,.
<br /> �� . ,;o�,`".�� - mceedinS ia baniwptcp,Pzuh�i:.for condemnadon or fodeiture or to enforoe laars or ce�aladans),tIIen Ixnder ma3►do and _
<br /> i�., ,. . , , p and I�eader•s dghts ia C�ae PcvPeriY. L�tder's aetions may
<br />��., . .. pay for wbatever is aeceasai5►to pmcecc the value of the Propeny �g ia oourc, Daying _
<br /> � ': � ' . incIude Paytng anY � sscured bY a lien ahich has priority over this Securiry InsWment�, acflon under tbis paragrapb
<br /> �' �. reasonabte attomeys'fees and entering on the PtopertY to make repai:s.Althougt�l�enctcr may
<br /> r �{ � .,,�:� �'_�•.�..,r` ��Lender does nat have to do so. h? s�all beoome additia�l debt of Baaovrer sec�ed isy this
<br /> �.` °;;,;� . . , ppy amounts dlsbutsed hY lRndor under this paragiap a
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<br /> .� . �� gecurity insqumen�Unle�s Borrower and Lender agxee to ather tem�s of payment,tti�e amo�����t�0m the
<br /> � date of disbursement at the Note iate and shall be payable.wIth inte�est, nPon notise fmm ixnder co Borrower tequestinS
<br /> � •.<< ..
<br />��:. '`�i;�;". ;•`.' •�: ; pay 8n Mortgage Iayvrance.If Lender regaired mortgage 3nswau�as a wnditioa of maidag the loaa seciued by tLis Seaufiry
<br /> � .:�r:, , , ; insurance in effect. 1f. for any reason.the
<br /> .'• ,.�•L Instrumeut, Bomower shall p��he pzemiums recNireA co maintaia the mottgaf,e
<br /> � mortgage iasuranre coverage required by Lender lapses oz ceases to be in effect,Borrower sbaU PaY the Premiums re9uimd to
<br /> ' obtain wverage substantially equivalent to the mortgage insutance Dt�vlously in effect,az a oost substaadally equivalent to the
<br /> ' cost to Borrower of the mortga,ge insurapce previously in efYect. from an a1temate mnrtgage insuter aPpmved by Lender. If
<br /> �: :.�. , to Lender eacD maath a ettm equal to
<br /> � ° ' substantially equivalent mortgage insuraace covezage ia not avs�ils�ble.Bormauer sha11 P8Y
<br /> il
<br /> oae-twelftD of the yearly mortgage insuraace premium 1�8 p�id bY Bonower whea the lasuret►ce coverage laysed or oeased to
<br />.�. �. r� ..• ; be in effect.Lender will ao�ept.use and retain these payments as a loss reserve in lien of mortgage insur�se. Loss cesetve
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