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<br /> S. �rd a Propa'ty Insuranoe. Barrower eh�ll keep the ias�rovemoab now eai�tino �x hareNRer erecta! ��n t!w �.;
<br /> ... q prop�ty insund a��inat lose by firo�h�urde lncyuded within the term "extonded covecu�e" u�d s�y cqher hivanle� includia� �,':
<br /> floads or flooding,for whic6 I.eaJor requires insunnce.Thi�inwnnce nbdl be m�iaWned in the am�unt�uKl fur tue{�dadr �_
<br /> • tbat l.eadar requira. Tha ineurauco carrier providin� the ineurmce eh�U be c�daeh�'be�d�bovdn��l.a�der m�y,��t Leniler,r �_•.,
<br /> .,'��t"`=� which ah�ll nat be uaraeombly withheld. If Bosro�+m fRil�to m�in�°�°veraso Y,
<br /> � aption�obtain caven�e to protect Lender'e ri�bts in the Property in�ccosd�nce with�rs�n�h 7, (p ;
<br /> AU insvrance po llciee w d rene w r b�l l b e�c c e p t�b l e W L e a d e r �a d�6t11 inuludn� shadard mortp=e clNUw. l�ler .V ��•.
<br /> ehsU iuwe tha rigbt to hold the policiee�ad neaaw+�li. Yf La�d°r requira. D°n°u`er�hall proroptlY Q1ve tn l.axbr all ncalpM��t �
<br /> ' �aid premiums u�d rwewal aoticee. 1n the aveat of loau,&►rrc�wer�h�ll �ive prompt notice to the In�u*�u►ce cirrier�nd Laidet. �:;
<br /> .. Landor may m�lco proof of loes if not m�de pmmptlY bY Borrowa• M =
<br /> �h�ll be Rpplied w ratontion or r�ep�ir of ths
<br /> Unlesa Leader and Borrower otha:wiee aaroo in wrltiaQ��wran�° P�Qd� N -
<br /> • � �` property ciamnged,if t6e reatoratioa or rep�ir ie eca►omic,�lly farible�nd Leoder'��ecurity is aot lcwaied.If tlie ratontian or
<br /> waaa be len�en►aa, the i�our�nc•,e pr�oceed. �n.0 be q,p�ted to the w,n. �
<br /> � ' repRir ie not economically faaible or Lender'e eecuritY �
<br />�,� , secured by this Security I�oet�umeat, whether or not thm due�with�ny exa�s paid to Born►wer. It BocrnvMer�l�ndc�d� 11b �
<br /> �..s.' '•', Property,or does not�nawcr within 30 dsys��fiom I,eoder��cattier Iw nffered W�etNe�claita,thm _
<br /> - � Lender mt►y coUect the inaucnace Proceed�- W or reetote tbe Ptopetty or to p�Y � _
<br /> - ' ` secural by 1Lie Security Inauumeat,whather or not thea due.'ILa 30-drty paiod wlll be�ia wha�the uodce i��ivea. _
<br />� ':i,!�'�` Unlesa Lendor �ad Borrower othetwi�e tgcoe in writin�� �nY�PPUcation of procaeds W pcincip�l �ull ewt extaud or
<br /> :: i. 1 wd 2 or ch�a�e�he �mount of tbe pRya�eav. [f
<br /> � a e the due dste of tLe montWY P�Y►�ta roferred to ia pw�r� cauldn�fmm
<br /> � po � ° lkias�ad proceed�
<br /> '•'�'..;' ux+der par�YnPh 21 the Pioperty ie�cquind by Lmcler�Horrower'e riabt to wy insurruice Po
<br />-'`:',;.. • a. ds►nnaga to tbe Fropeity prior to tLe+�cquisirion sh�ll pwes w L�ender w tha w�teat of tbe wor�ecurod by tbi�Security In�ttuawat
<br /> ;:;�; � immocli�tely prior w the acquieitioa. ol We Aope�t7'i�a''�Lw�Applic�tinoi 1�oli•
<br /> �,�s.:,� � 6. Qaup�ncy,�'reserr�tion,Mainta�a�nce and Protatb� �
<br /> .�-��-�,;' Borrower e1W1 occupy�est�blisb,and uae the Propert}'►+Borrower�PnacaP��dmce xnthia d�t�day�rRx the execWion of
<br /> thie Security InstNmant aud sbwll continue w occW�Y t1��Y+��OmO`VO��s principl rafdao�e for�t laNt aoe yar dter
<br />-`_`�ii:.� m wrltia8� whicb coo�ent eh�ll not be t�oc�au�oo�b�Y with6eld� oe wfl�
<br /> Q�;� tlLe dnte of accupmcy,unlese E.aider otherwib ayroes� �
<br />-- -=.�:;� . extenuatiag cir+cumstaicos oxist which are beyood Borrower'� caatcol. ��Borrowa� dull�y�def�wlt if�ny forfeituc�e
<br /> -- — propaiy allow the Ptoperty to cieteriorace.or como;�:�+a�aa !��Y- oould raalt!n forkituce of ths
<br /> '.c--"� �'! action or proceedin�.wlutl�er civil or crimin�l. i�be;ua thnt in Y.aade:'e�ood filth jud�meot
<br /> -�_-�'� or othenvise maurially impair tLe lian croated by thi�Secucity Instcument or Laoiler'��ecurity inta�at.BdrawMx n�sy
<br /> -�.�� cure euch a default und reinetata,�s pmvided in paa�nph 18.bY C+u�in�tbe�ction or procaedis�to be di�miwd witb a�ulia�
<br /> - ttut, in Laader'e�aod faith �determination, Precludee forfeituro of the Bo�m�wa'� intece�t i�tLe PropatY a othe�m�eci�l
<br /> -_-�--- imp�i:ment of tha lim cre�ted by tLie Securicy Tastn�ment or L�ode�'s�ecurity intere�t. �orrower �ball abo be in defiult if
<br /> ----— Borruwer.dur,i��tho loea�ppltcsaion procoer��rve m�teridlY filee ur in�ccurate iafo�nrtioa a st�temeaa w L�eafer(or fiWed
<br /> includioj but not liwitsd
<br /> -� to provide Lan�er with any msterid infocrostion)ia canaection with�lam evtdenoedda�ce.lt tWr Security in�numnt u an R
<br /> =-�� to�rqxeeenaaau concamu►B Bosxowor�°°�up�Y of tLe PropertY P�P� �
<br /> _— lauehold. Bomower ehnll comply with all the pro�vidoa of the lease. If Borrowa��cquica fee title to We Prope�ty. d�e
<br /> laeehoW oad t]se fea dtl�ehaU aot merge unlas Leada a�rees to tLe merLot in writios.
<br /> =— . 7.Plrotec�ion otI.enda'�Rig6ts in t6e ProlKrt7.If Borrowa faila m perform the oaveouah�nd yreaoKW oont�iaed in
<br /> _ �Seeurity�+xuwrmt, or thero is�le�al ProeeedinY t�a�m�Y si�nifieaatly afteet Laode:'�ct�in tbe PraQe�ty(rw��a
<br /> -- p�g� �nl�toy,prob�te� for condemnuiaa or forf�ituro or W eeforce laws or roauWioo�)�tben i�eod�r mry do�od
<br /> MY for wh�te�var ie neceeeu'Y W Pmtec��°v�lue of the ProPeKY�od���nYhN in the Propaty. Lendu'��ctiont may
<br /> include paying wy eums eecured by � lim wbich has pdoaty over thir Security In�t=ument� �ppearioj ia oaut� p�9�i
<br /> -- �e�wwble attoiaeys'feee wd eatoring oa tho Prope�ty to mrke rop�ire.Althou=h Leodec mry take�ctiaa uodee thi�p�njerp6
<br /> 7�Lmder doee not�ve W do eo. 7 ehnll becoma dditiaoal debt of Horrawet �ecured by tLir
<br /> - Any m�o+mts disbutsocl by Le�der under tLie pax�raph
<br /> Securit�'Inettume�t.Udees�orrower�nd L�ader�ree to od�ar tetn�e of paywent� tl�ae amo�mb�htU bar iat�ece�t froot tbe
<br /> _°�-°�— drte of di�bursemeet�t the Note rAta md ehall be pay�ble� with iatuost�upon notice from i.a�cfer W Borm�wer cequeMini
<br /> t msunaoe�u a candition of m�kio�tho lom�ecurod by thi�Security
<br /> ---- P�Y���Lwu�nce.If I.endar required moit�e' ��o in efFect. If� tor�ny raroa, tbe '
<br /> - Ia�tumenl�Borcowa elull p4y the premiumg requited to m�iataia the mat�n�e
<br /> =- _— q��in�ur�nce covorige requirai by I.aider lspeea or eea�e�to be in ef�ect.Horeawer aull p�Y the Proo�iumt[oquired to „
<br /> -- - o6tabn ctwan�e eubeq�atully equivalont to the most�aQe insur�ac°P�'O�'iously in effxt�at a cost ab�taatially eq�uvdant W the
<br /> cat to Borrowec of the mottgage ineurance previously in effxt,ftom�n altemste mort�a�e ineurer�pproved by I,,eoder. If
<br /> -Y,:.�t:.�� uivakat mortgage insuranco coversgo ie not�vailsble. Borrower e1W1 py to Leocbr e�ch month s am eqwl W r..
<br /> _��.'.:.;:.,, wb�bmtiaily eq d b Bocmwer whea tLe inaucwoo oovenQe,l�p�ed or ceued W
<br /> �`,.`�- , one.twelRh of the yearly moatgege insurauce pnmium bein�Pu Y °
<br />-- a,;;':;�;`: ta�s a lone reeave in lieu of mortg��e Iowcnaoo. I.na rc�erve
<br /> -- be in of�xt.I..ender will ecctpt,uee aad ret�in these PaYmon
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