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<br /> - 5. N�z�rd or Property(neuranco. liarrower Ah�ll kcep die improvnmcnte no�► cYi���fldM�lll'f�r r:rc+:tocf on
<br /> tha Property insurocl�Qainet 1�ma by firo,hrurdq included wltltin tho term "a►;t�nded c<►verr�" rn�l�n��uther hru+rdc,
<br /> includin�ticx�ds or fltxxlin�. ��r which I.ender royuirexa ineurancr.."I'hi�insuranco eh�ll he m�intsi�ex9 in thn ammuitn
<br /> ++nd fur tii� {�eriuda thAt Ikndnr rdy►�ire+:. '1'h� insuru�tiw carrlcr pro�:idinC tl�c in�urcncn shSU he chnr.en hy l3c�rrc�n•rr
<br /> ,aufijoct to i.ender'e arrprcre�l which ehall not be unreaeon�bly withhelJ.lf finrrowrr lail�t��m�intain ru�•rraQe d�;rilxrl
<br /> aF+�n�c, I.enJer m�y, �t I.enderb optinn,nbt�in cover�Ro tu pn�ta;e I.�ndar'e ciKhtA in th� !'ruperty irti accord�ncn yvith
<br /> �r�Qraph 7.
<br /> All ineunnco �licia� a»ct ror�awale Hkdl bo�ccepahle t��I.cnJnr rnd Fh�ll inolu�k � Rt�nd�rd m�►rt��R�cl�usc.
<br /> l.endnr nf�all h��•e the Pi�ht tn huld !ho pdiciea �nd rrnew�la, It I.cndrr r�y►�ire�, l�nrmwer ahdl pmmptl�• gl��e tn
<br /> l.en�inr all roceipt�c,t�id promiumn�nd renewd noticre.ln the event af Ic�,IA�rmwer nhell ai��e prompt nntica ta the
<br /> iiraurancn crrrier Nnd I.cndcr,l.ender m�y m�ka proot ot I�xa if nat m�de pmmrtly hy I3��rmwor.
<br /> l►nl�l.ender and ��rmaer otherwiee��ree in w�itinR,inRUrance prr�coedn Rh�ll he eppliai to ra4tnratian or rc�fr
<br /> �t ti►a!'ro�rty demage�,if tho rcntoratian or rep�ir in ocnnnmlceily feasible dnd Lender'R�a:urity ie not I�enGd,If the
<br /> rr�toretion nr repeir ie not ex:anamicelly fusible or L.endar'a c�ecurity would be IeaAencd,the ineurence pra:eeds shall be
<br /> appliexf to the sume 4ecured hy thia ScY:iirity inst�ument,whetitcr�r not then due, with any oxces9 pnid r.cr&�r.rnwc:c.lf
<br /> I�ormwer absnd�ne the Pmperty,or do�not ans►vr,r within 3Q days� notice trom I,ender th�t tho in:�uran�ce�ca:irrier h�s
<br /> nitstd ta Mttle a claim,then !_endcr may collect the insur�ncr• �+r�eecis. l.en�ier rnAY ��se the tm.�ceer�s tiv r,rPe.i.r. or
<br /> reatore the Property or to pay sums soeured byr thi.>�ancurity In�trumcut,wl�cther or not then due.T:'i�.c-.3(1'd.���;�.,-ri.cd;�ill
<br /> beein when tho notico is given.
<br /> Unle�s I..ender and Soreower.atFic:r�r"sse��r.00�rr.wr,eton.�,�ny application at pmcc�s to�rx.i:r�ci��l:r.,lwll not��ten:�3 ar,
<br /> pa;tpone the duo daE,e crfr the mon�ttily¢�nXmttc�rtt�tcfr.r,►.rd tcn ert p�ra�upl,�s n anr3 2 or charr,�che smc�ux��r�t 4he pa!•rrt�..-nts.
<br /> �t undcr pxra�rapt►. 21 xtir Property is�cquiir+�fr� l.ender, Horrnwer.'s riqht tW sny inauancc poln�aes and proc:aods
<br /> c�sulr,ir�g tr.o�r►d:s�nagd r�a tho Prop:rty prinr tra zt�e,•�,�,u�sdtiaz�shaU pa:�c�n r.r:;,��ier to the eztent dP.xhe sumes se+;ureai by
<br /> this Secur�tg Instrumens immediately prior t� the L�G•t�qnjSiAic►nt. _
<br /> 6.(Dcsi�psncy.Preserv�tioa,Maiatens�noe a�al Rrv�toctiAn o�T the Aroperty; Horrower's Lwo App�Anca�nun;
<br /> I.,essehol�7s, flormwer shell cecupy,establieh.�ndl uso the!'',r�cgFrty as BorroNer's principel residenct aithin SQ�tf rLays
<br /> _�tter the exxution ot this Security Instrument�c�v9 shall cdntinue to occupy the P:operty as Dcznrower's prie���ipa�l
<br /> . r�idenco tor at least one ysar�fter tha date of�u�unn��cy,unlese Lender otherwiee aerees in writing,a��)'r.ach consent slwll
<br /> not be untea.9onably withheld,or unlrss extenua¢¢ci�;::arcumstances exist which are beyond Eiorrokcr'•s r.�F�trol.$atraa�'er
<br />':a sheil not descroy,uam���r impair ii�c Fi"v���iy,&iiGiV��ia i�ii3�T23 La�ctcris�rio,�;w..�.:.::�^;::.v`2�:C�v�.:';:�.
<br /> '" Iiorrower shall be in def�ult it any 4ocfciture actian�r proceeding,whether civil or cc%rc�iaa�a;is begun that in i.e�a�er's
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<br /> ;��.. . good taith judgment could reault in torfeituse ot the Property or oth�r�vise mateciaU�� irr.rxerr 4t�es lien crcateei by this
<br /> - Socurity Instrumrnt nc I.�nder's eocu�ity intierest. Borro�rer may cure s��eb s detault and ,reims•.��ne,as provi�od i�i
<br /> -' �' �ragraph 18, by cauF.,i:�c�, the action or pre�ceafd��� to be dismiasai u<<�!� a ruling that, in f:.�•.�r:�xr's goad faith
<br /> - •dctormination,precludJ�;•;or[eituro of the&,i-rower'�s�nter�z in the Pro�.ca•L5•or other msterial im�a,�.;7,�rnt of the lien
<br />� �� ���.crcated by this Security Insirumentor L.ender'as�a:urity iraE�e�.�r. Borrower shall aleo be in detault if JF�err�w�c.cSMring , .
<br /> - �'�•�he losn application proceos, Qave mataridly tdse or ina.:rurate information ur atstements to Lendcr (or.'.t�s�ifr��l��
<br /> - �provide I.ender with#�fi3'mauria!informa{son)ln amnect�on with the loan evidencod by the Nute,.ntac3�idinP.:fiw�s�nFSt ,
<br /> ' �',•� �limited to, ropr�we�►a;um��a oonce�ning Borrowe"r's occup�ncy of the Praperty as a principal resideF►,�c�,��this Sxurity
<br /> � , �•, , .lnstrument is on a lcatx:?.�c,ld.Borcow�r shall ourn.p9y with all the�xovisions of the le�se.Ii Aorrnw�:.r�cynires foe titleto
<br /> � the Property,the leaseht�ld and the fee title shall not mer�unless Lender aQrees to the mergar in k�r;�;sa•r�.
<br /> � 7. Protection of Leader'a'Ri�hts in tbo�roperty.If Borrower tails to perforre�n�t't�e 4b��tn�n't5�nd eex�emtnts
<br /> �� . conteined in this Security Instrumen'c,nr thor�.ia a I�gal proceeding that may significantl���4d,bct�.rs�der's rightQ i n tha
<br /> � , Property (such as a procoedinE in bankr�r��zct,, probnte, for conderrnmmsion or fortai�e►:ic 'c�r '!r,'onforce Inws.or
<br /> . ��r���lations),than!_.er..3!e�mey do and pay fow�shflt�ver is nex�essary tn�i�tret the vslue of tt►t��c��:rt,y atid l.tt�tilet's .
<br /> ..'rights in the Pruportj�. J,er►der's actions m�y incl�:de p�yiag any sums a►•cured by e lien which has pri�i�rity mvet� this ,
<br /> � Security Instrument,eppa�ring in coun,pying t+e�onablc�ntcac[xys fas and enterin�on the Prope'rty��i mak�:�:;�airs.
<br /> Although I.cnder may ta�e action unda thia pa��raph 7,L�r�drr does not have to do so. •
<br /> ' Any smounts dis6ureod by Ler►der under this�+ragraph 7 sh���becorr►e additional debt of Borrower sa:ut+ed by this
<br /> � '•` Socurity Instrumens.LT�less Borruxer and L�crr.?�:.r�grec to other tcrms of pymtnt,thGSe anr�ount;���s,Y,yll bear intenat
<br /> . frort the date ot disbur�s�rr►ent at the Note rat�.am:1 shalf be pay�ble,with intcrest,upon notice frnrr�1!.c:naer to Bormrer
<br /> ,,�,`� roquestin�p�yment. '
<br /> 8. Mortpfe In�ur�nco.Ii l.ex��er royuiral mort�agc inaurance as a conditian of makin�the 7oan securod by this
<br /> � � Sxurity Instrumrnt,Aanowcr sh��ll;�y the psemiums required to maintsin the martgage insuraz�oe in etioct.If,Eor�e�r
<br /> ����� reason, the mortYa�e insuronce emWae�age rec�rr.:red by Lendat lapt�s or, cor,ases to tws in eftoct,�lor.xnrxcr shall p�e�r the
<br /> �'� premiums requirocf to nbtain coveraig�,s�eb�ts�a:��ut1y oquivalent to the m.ar.rgage insurance prov�ouE;R�� ar.i effecR„+�t�r cos�t
<br /> :� sul�stantially equivalant to tEtic c�cx�rz t�a �asc;a«er uf the m.�rtga�e un..n�y�nce pt»viously in effc�ex� t%�ncxe s�r, �tt,�uu
<br /> martgage insurer appn►vadl l4�,11.cnr}rr. �' �sat��ntidl� eq;uiw�[err.t: �n�rtgage insuran��c coverag� is nr�t mvai�able,
<br /> ' ' Norrower shell fMy ta II.�rocbet ca�:l!r r.ro;��i�a��;eiti xqw)to cxve-twelCttZ of the y�arly mortgaga insuruaec premaccm being
<br /> , peid by I3orrowcr vrFEern th�inaca�anc�L�overagr fxpsad or cea.�ed to be in effcct.Lcnder will er�cept,�ase end retain iheso
<br /> ,, payments as a lo� rt:aerve in tieu of mortgnge insuf�nca Loss ra9e:rve �yments rney no longcr be ra�uirod,
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