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<br /> ` ' RE�RECORDEC�������'�O � ,�, ;,F�t
<br /> .t ~� � � ta�reno�Bn:rower kegp the imPmvements aow existing or�erected on the
<br /> � `�� ' -• 5. HazarA os YeopeatY ' ;
<br /> Haz
<br /> ° pi,openy�s�ued against tass by 8re.�Zards includea withia the term'exs�ded ooverage• and any ot#�er ha7ards.includ[nS "': r:;,:
<br /> ...�,`. ':, iiaods or Saoding.for which l.ender requires�asu�nce.'i�is�oe sball be maintained ia the ammmts aad fos the gedods •. _
<br /> � 1 D e i n s m a a c e c a n i e r p m'rfdin g the iasoranoe shatl be choseu by Boaawer sub,�e�w Leader's appraval �:'�
<br /> t�1�t�uder r�uire.s.
<br /> � -,,.--,�J•--�:"�' wDich shall not be ua�asonably withhetd. If Bomawer fails w maintain wverage descrthed above.I.ender maq.at Lenster's
<br /> � . ,:� ' ogtton,abtain covera$e ta Pro���s rigius ia the Propetty Ia ar�at+danoe anth ParaBraph 7. -- -
<br /> . Ail�oe PM�cies amA�newals sball be acee�ptaDle to Lender aad sha]1 include a staIIdacd m°IxndEr a11 reoaP�af - .
<br /> . sl�aU have tf�e rigbt w hoW ti�e pulicies an��enewals.If Lender�quires►Eoirower stiall pmmP�Y�
<br />-�:' ;, ' ' ,' Q�d premi�ms aad ienewal nodaes.la the eveut of Eoss.BnicQaver shall give pmmpt aotioe w the ins�ttaace carrler�d I.ender• ,
<br /> ° �"� � I�der ma9�Ye Pmof of Lass if aot made P�omPUY bY���• �`,�. .
<br /> '.:.` �`� � Untess Lender aud Bormw�otfle�rise ag�in vr�sit�g,iesur��P�����ed to�storatioa or repais of the
<br /> � , ptogetty damaged,if dte reswsatiQn ar repait is eoonomically feaslb2e and Lender's secuiity is not Iessened.If the r�wration or ��.:---
<br /> . :., c
<br /> ,,.'�`, . tepair fis t�ot eooaomically fe�'6Ie ar Lender's s�titY wontd be tessened.the fnsuranoe Procads s�all 1�e agplied m the mums
<br /> a'��"r` ;�'�.�: .
<br /> � -.� � : S��,this ge�ity lastcnment,whether ox not chea due,witb an3►excess Paid to BoTCavrer.If Bbmnwer abaadons tIIe
<br /> . _t'�` pcopecty.ar daes not aaswer wIthin 30 days a aot�ce fram Lender�insu�carrie��the Praperty or w pa�jr smns
<br />- - Lendet m a y wltecx ti�e�suiauoe praceeds. L�des maY P
<br /> , sea�d by tfiis Secudcy instrame�i,whether ar not ihen dne.'The 3Q-day p�od will begin wl�ea the a a t i c e i a g i v�n. _.--
<br /> �'` e�= s1ts11 uot ext�d or
<br /> � and�tmwer othezwLse agcee i n wriu�8+ffiY e P P�catioa of p m o e e d s w p�CiP�1 �
<br /> .,. :_' • '� UnI�ss Ieudsr. . ics i aad 2 or�haa�a the amaunt of the paymatts. If
<br /> ,� : ' _ ` .��: .;�. pastpone the dne d�o f t 8 e m u m h t Y P a y m e ots referred w in paiagra�. iicles aud pmceeda�sniting from � .
<br /> _„` ;:�;';; ;=•'.i under p�h 21�PtaFenY��N�bY�er,Bomnwer s Aght w�►y m.gwcaace riu ���� . _ -
<br /> - ;t � � � pmpetty►PrioY m ttte acquisition e�aII pass tg Leader to the e�Reut oYthe s�s secmtEQ by -_
<br /> " �- � damage co.tt� � --_
<br /> ;.�;%�y�; ° :�"' �i�ely prlor W the soqnisitiam• �--:.
<br /> :�`;,_�,�'.•..'`'..•, gtrq�,sn�and Pt+atectiob of the Properiy;Bra4m�'s Loan AP S after the e�ecution of
<br /> �,.r . _...:.. . . 6:4A�apanc9.Pt4servattc�..�4L
<br /> . .,,:.�� asBormwer s r�cviihmsiatY�Y
<br /> ' � ,:�. . Boimw�er sLall oca3pg,estabSish,and nse the P�perty P�P� � v
<br /> � t�i,y geautcy ynspcu�nt and shall�e to eocugy We Yr�oP�►av Eaa�ss�s princlpal residenae f�at teaat ons year aRer .
<br /> a�itbIIeld,or�mless
<br /> . the date of occaPancY.anless l�rtder ot�erwise ag�s in wrItiag,whirh e�nt shail aat be anr+ea.�alY .
<br /> . . �ng�ircamstanc�s eaist.wAl� are beyortd Eouawer's conuoi. Bamuwer sball aot dest�ay, da�naP,�or im�air the .
<br /> pmpe�ty,allow the Pro�ectY m drzedorate,or cammit aaste oa the Qtaperty►. Boaower shall be in defa�tt if aay forfeiwx�
<br /> -, `'� � `Y'` ��t acSoa or pre�,v�hether civil or criminai,is begun that ia Leader's gaad faith judgm.eat c�nt�_iesatt in.farfeicate of the _
<br /> ., s,�:... "� �, � 2�i t��8ri�R�IC�bY th1S SECUTIty ID�lIDC�t O!�ES�B S2��IItEiCSt.Sd2i+dWR ID8Y ;
<br /> . .�. : • :� , ,,°;,. Pmperty or otDes�i.�ma�►�P c�e actioa or pmceeding ts B�dismissed wlth a mling
<br /> ° ;`'���` . �'¢: e�te auch a default aucl ceiflsmte.as pmvlded iu paragaph 28,bY cavsiag � or other materIal �
<br /> .:`�.'s"',' ' tb�.ia 1 ender•a good faitlt�bn,preclud�c forfeiture of the Borrower s i�t ia the�vP�Y .
<br /> �"�-'�'� . - iaspa�.�ent of the liea creased hs►this SecuritY Ins�m�t or Leader's secmrity ius.r�:.Bosmwea sl�aU also be ia de�nIt if . -
<br /> . �� �� �
<br /> ' `� duriag the taaA 3ppiicatlon pmcess.&'►ve anate�all�►fatse ar inaccauate info�on or statementa to Leuder(or fa�ed
<br /> ~ :� BO1i0t`lY•!. . _
<br /> ": . s '; ?. tp pIOfi�B LeIIdEt'3�L3 a.1'Y ID2SC!!21 f�OlmAtldII)�II CO�OII With tLB 107II CY��13y ti1C NOIC.IIIC1U�mR.hili�t �S OD 8• ' -
<br /> �•�} �: ��� . � w,cepre.seatatioas cu�cem�g Boaower's aoa�paney of the Praperty as a princ3Da1 residenee.If tt�is Serauity Instrumeu� -
<br /> . ,, �,:`` . teasehotd, BorraweT.shall wmply with all tfle pmvisions of the tc�se. if Boaower acqwires fee dtte co the �icoperiY. th�. .--
<br /> . •, . �.t� leasehold aaal the fee tide sbsiU aot merge unlesa Leader agcees w the merger in•wrlt�8• _
<br /> � ' " � (n the PtopertY.If Borcawer faits to perfomi the aavenanta end a$ce�ents contatneA la _
<br /> � . ' 9.8t��Pl.eaderslti�s that may sI fccanuY affect Lendsr's dghts in the Propert�+(sact�as a -
<br /> . , . ' �< this 3ecuritY.lnsdr�t,orthecie is a•iegal Pnlceedin8 g°° —
<br /> - graceeding in baa�aa�tcy.probate.for eaindemaatton or foro�oinue or to enfoice laws or regulattons�,then I.�der maY do anci . -
<br /> . , for whatever is neae.ssa�Y�Pmtect the valn$oY the Propesry aa+d LEn�der's rights i�the Property.IxnQer's action4 may --
<br /> ... ,.� ,r
<br /> ' ��- ,. � -..�� , inclnde paying a�►Y sums �bN a lien whtcb has�rity ouer thia Secaricq��. �� � �• PaY�B __
<br /> ..;,�•-' reasonable attoraeYs�fe�s and esr�ring on tbe Propertp to�sepairs.Atthongh t�tioay take action imdor tLis pa�aPh --
<br /> . .�',�: . `
<br /> - � 7,L�Wer does nQa�ave w do so. 7 shall�me addittoaal debt of Borcower secured by d�s . �
<br /> ' Any amour.ls dtsDtused by Lender ander thia parag�raaPh —
<br /> ra
<br /> . . S�uaity 1�saument. Unte�Bosrawer and Lender agree to other teims��yaaymenc,these a�wnnts s8a11 hear inte�+est frora the �.
<br /> � Qate of disbuisement at the�Note rate aad sball be payable.with inte�,�n¢�a.�e from Lender w Bama�wer requesdng �
<br /> . � p�8.�tqart�e Insuran¢e.If Lender required mortgage ins�uance as�c.asdi�on of making the Inan secared by this SecuritY . _.:
<br /> � . - I n s t c u m e n t, B o�e t s h a l l p a y the y r e m iums requised to ma�uaia t�z a3ortgage Insuraace ia effect. I� for aay reason,the .. ._;:'
<br /> .. �. .'';,'` . �g�ge�nsnrauc�coveiage reqofred by Lender lapses ar ceases to b�i�effect�Bomav►er shall p�t he p i e m iums r e q u i�t a �
<br /> : . .� . � � ve e snbsiantialJy e�3valent w the mortgage insuraace prevlousIy in effL�ca,au a oost s�staadally eq�iva�ent w the : �,
<br /> � i�...;;.
<br /> obtxir� � e ins�u�r approved bS►Lender. If �;.
<br /> '" ' � � ' cost w Bormwec of the mortg�e ir�aurance PrevtonsIY�effe�t.from an aItema:$�ir.rrt�a8
<br /> � . suDstantially equiv�4ont mortgage iasw�nce ooverege ia m�t availab3e,Botrower sbaIi paY w Lender each month a sum wjual co �" f-:
<br /> . , one�twelfth of tha yesi9Y mortgd8e insivance P�emium being patd by�aicawes ahea the inswance�verdge lapsed ot oeased to
<br /> ��-�,_
<br /> . be ttt effea.LeaQer aill a¢cept,use aad retain these payments es a tass reserve ln lieu of�mortgage iusurance. Lass r�er+e
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