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<br /> S.N�rard or Property Iusurmce. Borrowcr shall kocp thc improvcmct�ts now cxisdng on c�nattcr crated on '• '�'RY �
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<br /> . ,�;� �s� ����a�by ('�� ►u�rds uxlude�i within tho tcnn "cxtcndcd covcragc" n�d any other hrr.nrds, incli�d� or —
<br /> flooding.fa which Laukx requlre�insurmce.'I1�is insur�nca shaU bo mainWnod in ihc uncwnis and for tho periods u,. Jer
<br /> ..1*+�"�" requires.7ba insurance r,uriu pcoviding thc lnsuranco sh�il txs chosen by Borrowa subjxt to l.cncler's approval which stiall not _
<br /> ba unrca9onably withheW. If Bartowa fail.g w mnintatn coverago described above, La�der may, at Lcndcr's appon. obtain _
<br /> '� covaage w ptc�toet I.cnckPs dghts in tho Pcopaty in accordance with pen�7. °
<br /> � All insurance Polkla and re�ewals shall bo scaptablo to Lender and shaU include a standard morigage clause.I.ender shall _
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<br /> ' hava thc right to tald the palkie�and renewals.If Lender requires,Borrower shaA promRUY 8ivo tQ Itizide�all rocelpts of paid ._
<br /> ' premiuma and renewal r�xices.In the event of bss,Boaower sha11 giva prumpt no�ce w th�insunnce carrier and l.u�der.l�d�
<br /> may make proof of bss if nat mado(xanPdy by Borrawcr.
<br /> Unkss La�der and Boemwer ahawise agnoe in wrldng�insusr.ce procoocls shall be epplial w restor�tion or cep�ir of ihe
<br /> .� pmpatY dam�Bod.if tha reswradon a repair is econanicaUy fcu�'b6e and l�cnder's socucity is not{cssened.If ihc testorulon ot
<br /> St�a11 be appliod to thn suma
<br /> � repafr is not ocanomicatly fea�ibk or I.ender's scc�rity woukl be Iessenod,the inwren,x p[ocaods.
<br /> axiuod by this Security Instr�unent, whethu or not then dua. with �ny excess p�id to Bormwer. I[Bormwa ab�uk�ns �ha
<br /> � Plupr�ty,ar does not aaswa within 30 days a notioo fmm Lcnder tlwt the insurance carcier h�s off'ucd In settle a claim�tticn
<br /> "�. L,end�r may oolioct the ins�umce Preoeeds.I.ender may use Ihe prooads W repair a testaro ihe Pmpaty or W p�y sums socund
<br /> by this Socurity Insnur►wu,whetha a not ttxn due.'Itie 30-day pe�iod wUl begin when ihe notice is giver�.
<br /> . ,: .. sli�ll not eaW�d or
<br />_•_.�.�,; Unias I.et�der md Boriowa othawise agroe in writing,any applicuion of pmcoocis w Principel P�
<br /> .. • ' tt�e Ane date of the monthlY PaY��refcmed w in p�ra�anhs 1 and 2 ar change the Amount of the p�ymei►ts.If under panigcaph
<br /> ; �;.i`� � � 21 the Propaty is ecqui[od by Lerida.Borrowa's right to any insunnce policies and pcoceods res�ilting from dwmuge to the
<br />,�r ;:,;-�' prnpeRy prior W tl�e acquisidon shall p�ss to Lenda w the extau of the sums seciuod by�his 5ecurity Instrumet�t immodtately
<br /> �;#.:;� ,' � pria�r to the acquiaition.
<br /> —==:•�;'.�;�' 6.Occop�nc�,Preaervstbn,Maistenance aad Protection of the Property: Borrower's 4oan Applicatio�i Lea�el�oldr.
<br /> ����,' r'�` Botrowa stnll occupy.eseablis[►,and use the Propetty as Borrowa's princip�l xesida�ce withia siaty days afta the eacecutbn of
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<br /> --;=;:;.a�� this SecuritY L�st�ument and shall comdnue to occupy the Pmpaty as Borrower's principal residax;e for at k�►u one year s�1ei ttie
<br /> '"``�'t. date of ovcnp�ney, unkss Lencia otha�wLse a8�as in wrinng, aiiich conseac siwii noi oc ui�u�u��`,ty :;ritis.'�::ld. �u� •
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<br /> :r. 1 , eactenw�ting circ�eaist which are beyond Barowa s co�ao�.Bo�x�owix shall not destroy.d�rtn8e a irupair thee PmQerty.
<br /> ..��.. albw the Prupaty w dece:iacatc�ar aommit wasm on the Pro�erty. Barowu shell bc in default if any forfeiqa�e ac6oa a
<br /> ---=,� Proceedin8.whether civil ac criminal,is begun t h a t i n L e n d e r's good taith jud g m e nt cauld re,tivlt in fafeiwre of the Pmpaty a
<br /> -==�;;��i,�tT"� otha�+ise mat�i�lly impsir tho lien created by this Securlty Instrument a I�,ndcr's�ecurity iateneat.Borrowa may cure sucd a
<br /> _--��°:�� dcfwlt aad seinsq�io��s P�'ovided ia pnragrrph 18.by causing the acrion a procoodin6 t�o ba dismissod with a iuting that.ia
<br />---_�"�" L.ender�s good fdth dcwnnin�tion�Paclucfes fafaiwre of the Bamwa's intaest in tho Propr�ty ar oUKx mu�eri�l impairmeat of
<br /> -_x,�,�---� the Ikn creatod by thia Socurity Instrument a Lender's soc�uity inta�est.Bamwu shall al90 be in defealt if Borrowa.during the
<br /> _�.�� {�appljcation p�oces��Bave rnalai�lly folse a inaccurats infocmation a ste�emeats to I,ender(a faibd to provida Lender with
<br /> ---��-°— any mataW info�rnatian) in connectbn with the loan evidcnced by tha Note. including, but not limitod to, �r�sa►tations
<br /> —_ ooncerning Barowa's ooc�ncy of tho Property a4 a principal ra9klence.If this Socurlty Usuuma�t is on a kasehold.Bo�rowa
<br /> stull comply vrith a111ha provLcions of the kase.If Bomnwa acq�tires�'ee titla to the Prope:ty.the kaxbold and tho foe title shell
<br /> not magc un{e.n I.encla agroes to the mergu ia writing.
<br /> _ 7.Pretectjos o�Lada'e Iti�hta f�t6e Property. If Barowa foils w perfam tha cova�nts aod agrounents contained in
<br /> - this Security Insuumei►t,os thae is a kB�P��B��Y�S��aY�fect I�au�er's righta jn the Property(s�ch ac a
<br /> ' pmc�dmg L�b�nimgKCy�probalo,fa ca�demnAtion or forfeiwc�e a w enfa�a laws or cegulationa).tha�Lenda may do�nd P�Y
<br /> for wlweva is nocess�y tn proiocs tha value of the Fcopaty arW Lender's cights in the Pmpaty.L�a�Ser's actions may include
<br /> --�=�;� P�Y�S �Y � sxuraf by a lien which has priariry ovu tfii.q Sx�city Instcument, appearin8 in couct. PaY�B ��
<br /> eqarneya' fees and enuring ai Qie Pmperty tn make repairs.Although I,a►det may take acdon unda thh pe�gr�ph 7,3.ender
<br /> does not have to do so.
<br /> _-�-�--- My amounts disbursod by Lenckt under this paragraph 7 shall become additional debt of Barowu secured by this Socuriry
<br /> ------ lnstn�oait Unkss Borrowa and L�eaxk,r egra w whu tams of PaYment,these amounts shall bear intaest from the dau of
<br /> ---:.�� disbut�ernent at the Note rate and sha11 be payabk,with interes�upon notice from Lcnder to Botrowu reqnestin8 PaYma��
<br /> __-- - - i.Mortra`e I�auranca If Lenda required moctgage insurance 4s a condition of making the ben socund by thts Security
<br /> F��.�.� Inat�uma�t, Bocroaa ahall pay the premiucns required to maintain the moctg�ge insurantxi in effec� If, fa any reacon. the
<br /> T�.�� �S+�Sa inuunnoe cave:ago roqui�d by Lender lapses or cea9es w bo in eft'ect�Borrowu shall pay the pa+.miums required to
<br /> _�v����` obtain cover�ge substantially oquivalu►t w the moriga8e insivance pc�viously in effoc4�i a wst subsianQiaily e9uivela�t to the
<br /> ;.,;.�,:'.;1 cost to Bamwer of the moctgage inwrnnce proviously in effect, frnm �n altamate mortg�ge irasnrsa Approved by I.end�.If
<br />--;�;r�;�r�.:,. substent�ally oquivakat mortgage insurance coverage is not availabk,Barowu shall pay to Lender each month a sum oqoal to
<br /> � �r..� . : one•tw�lfth of tha yauly nartgage insnrance premium being paid by Bamwer wha�the insurence coveaage lapsed or cea9ed to
<br /> -:z��: be in effocG L,ender will aocept,use and retain these payments as a bss n,5uve in liw of mortgage ir�nco.Loss resa��e
<br /> --- . � Forn►�02� Y190
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