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<br /> s, flw�d �r �►rpppty l�urance, Rorrower ciull kap ihe impmv,en�rntA now txiat'rng�ir h��fler ejrcrt on
<br /> Pn�ny insural against lixs by lire, huxnlx inciudod wlthin�he trmt 'extrndod cuvetxge" rnd�ny Mher h�r�r6s, including
<br /> iiaxls ur(1�MKling, for wi�i�h Ixixier r�yuirc�lu►ur.�kc.This incuranc:�shatl6c maintainr.d in thr amo+ir.ts nnd for thc�rl�ih
<br /> th�t I.�aier requircs. 'ff�c fnw�nce curier pmviding tho in�uranee shall h�choun by Hcirrower suhject to l.emlae's appro�at -
<br /> whieh shdl twt be unrcar.c�n�k�ly wilhheld, If fbrmwer faily In maintain a�veraga described �bc�ve, l.erxler mey, nt i.�nder'�:
<br /> option,ob�ein mven+ge to pn►t�:t Lencier's rf�h�r�in Uto Pmpeny in acco►dana with�raph 7.
<br /> All insu��ncY policie�ond rencwAis abnU l►e xcocp�nblc ta I.cncier�nd shxll incluck a stnndnrd mortgage clausc. L.a�der
<br /> shwll hMV�the right to hold ihc pnlicies nnd rcnewnis. If Lcnder roquines,Aormwer sh�ll promptly give to I.ender dl meipts oi'
<br /> pwid prcmiun►s��x1��enew�l n�ticcs. In�he cvcnt of'I�ss,Bormwcr shull gi��c prompt ncxicti ro the inRUrnnce carrie�a�d Lerder.
<br /> I.cnder may rrwke prcwf of Insc if not m�de prc►mptly hy E�rn�wer.
<br /> [Jolns I�ender nnd[iorrower c�thervvise agroe in writing,insuranoe pmcoeds shall be appliod to ractor��ion or ropafr of the
<br /> Property damage�l,if thc restorntion or rep�ir is oconomically fcasible und l.cnder's security i�not lessened.lf the restontiunor
<br /> nep�ir is�xx oea�omically fe�sible or Lerxkr's socuriry would be lessenod, the insurance procoods shall be applied to tho swns�
<br /> secured by r,�is Sccuriry Instrument, whether or not thcn due, with Aiay cxass paid ta Bonro�vrerr. if Horrower at��dones d�c
<br /> . u••n�{xng,or does�at answer within"s0 days a naice irom i..ender tnat ine insuru.ioe cxecier i�as.oir.arece r,o ser.ti�r ciaim. ti�
<br /> 1l.s,��'Izx m�y col� k?�e:�i,i;�cucacpe proceeds. I.tll(�C� ql�y QSC tI1C (1COCtNIS iP nL�id.r. qr. c�cx� t�nc �w�tint; �ar cr, �af c�
<br /> 'saut+ed by this.yeeu�aat�r Art��?r�amxnt,whetk�R�ns tx�R t�tt�h d�n►x.Tt�t 3��1��'Pe�icxA wilp begin wkitr.e r,l;r irr.*�ice is gii�en.
<br /> Untt�s fl.�a,:;�T��� �Sar�tvwer otF�cmn:n:,�.�;�,�nae er.r, w�c�puit�e, ar�y Fipplir�►tic�n o£pn�eeds Rnx�.,r�n�ipal shall not exter�i��r
<br /> postpone thr�:�ii3�-�lt�4���*�'t;�e •r.k�nthly paymer�ts re6ernc�ll u�� in paragraphs 1 x�x1 2 or change the amount of the payme�is.lif
<br /> under paragraph ZI tt►e P=t�:��e�:^,is acquired by l.ender, �3orrower's right to any inwrance policies and prnceads rasulting from
<br /> dmnage to Ihe Property prtior i�.tbe acquisition stwtl pwss to L.ender to theextent of the sums secured by this Secuaty Inunnmetn�
<br /> inune�iately prior to the socquisitan.
<br /> 6.Occuprncy,Pre�ntion, Maiute�eanes aad Prnteetion o[the ProPertl;Rorn►wer'a Lo�n Applic�tion;I.e�ciddr�-
<br /> Borrower sFiall oocupy.e�t�blisli,and use the Propaty as Borrow�r's principal r+esidence withEn siaty daya after tbc euautioaof
<br /> this Socurity Irotrurnent and shdl conti�uie to oocupy the}k',r•operty as Plorrower'�prir�cipal raidenc�e tor at l�st one ya�'dks
<br /> the d�te of accupurc)�,unlas l.rnder otf�erwise agra�ira�vriang, whicA oonsent slull not be nn�otwbly withl�eld. or u�Jess
<br /> oXtMt18Ut1g CitCUM�talll�es exist wiuch �IE bCyotltl iyqrivwcr s iirKi�=.uv�i�wcT �: t'.:',: �:O."a�. ..'�"•n"-e- L`! •'•�--r^"•�:r dr
<br /> PropertY, a��ha,~�•the P��enY to deterio�te, oc oommit wuu on the Property. Boirurv�r stu�il t►e:;in def�ult if aay fort'eiane
<br />" aaion or pr�t;.�:���, whdkr civil a critni�at,is begun thbt in I.erx�x:r's good faith judgma�(c���ild ratult in forfdture otd�e
<br /> property or irth.,��y,�a'se matennliy imptir the lien crewtocl:by this Securlty I�trurt�cM.or I�'s security i�xe�r�.Bon�o�e�a�Y
<br /> curc such a default and`�i+�ivr.�sEi�;z:as providod in pAra�ti.,1�8,Lty causing the sctacm n�proceeding to be dismia�ed witL�rulio�
<br /> 4�aat, in i.erder's goed t�i�,�r�.��.Ermination. procludes fqrT�iture of the Borrower'a�intecrat in the Property or other mataiw� ,
<br /> isnqlautment of the lien crau�d by this Sqcurity Instrument or I.e�le•r,'�c focurity intaract. Borrowta'aha0l also be in dda�o�i�
<br /> Humower,durinR the loan�rpliatian pnooass.gave rtuKerially fal�:+n�c�to:�curau infomntion or uataaa�n to lender(or t�iled
<br /> �d;��+cwide i.encllu with any i)t#teri�l informetion)in conne�tiun�ci,�r�;�::r�oan evidenced by the Note.includina,but not lteoiled
<br /> k•w.�r�ations ooncernin� �srrowa's ocapancy of�the,;Pro�tt;��.;a�a principd residet�ce.If this Security Imtnuaeot is an a
<br /> k�iu;;li�ald, FJ�c�rower slull od�nply with all the proviatons,•b31ti4;�'l�:ax, If Borrower aoquires fae dtk W the PropatY.d�e
<br /> laxhold�:�L!i�foe tide sh�U not mrge unlesa L.ender st�ry�t��r�i�n.hann.�er in writing. :.
<br /> 7.Pr+�f�.'�'i�ot Le�kr'a Ri�ts in the Propaty.If Borq����er,<'€r.:;s'oa pedorm tbe a�veu►in�s�md agreanenti connit�ed in
<br /> Uu:Sewriry Y�. att�ere is a Ieg�l proceoding dswi may���i;��N�;ii.aqdy�1'eet I.ender's�r8ti;;,a�n the Property (wch+u a
<br /> pruoeading ia btnknrptc�!,�pria4��te. for con�lemn�tion or forteiturC a!�'tM,enit�t.�r lix,*er_���r agul8�hn�s�,�, if!�.r may do nd
<br /> P+Y for whacever is nects�rf.+o pcoeoc�t[he valuc of chc P�vpaty s�r.�d L�,xtcr'��s=:��;';tis 9n the�t,op��l�c?"s�ctia�a mqy ,
<br /> indaic p�yin�.�ny sum.s�ec�red by x lirn which hac Rriarity cYv�.r�t!►i� Socurity Cmtrum4rft.;��pp�ariAg'in anurt. Phdn��i
<br /> rason�blp atq{wr,�eys' fxs md akaing on the Pr�opaty co malce regnir�.Alttwugd l.emler may tu.k���etion wda dtia p�pkt:
<br /> 7,Gender doa not tu�ve to do ao.
<br /> ' Any unou�s di�buned by [.ender under this paragrs�h 7 shall beca� additiatW �iebt of Horrorva �ur�d by thi:
<br /> Security Iro�duman. Unlen Hort+o+v�ud L�nder agra to a�twx trnns of poiyment,these aunouats s6e11 bat ia�a�est fraa d�e
<br /> da�e of disbur�a�M at ch Nae rue and slull be payable,with intaat. upon notioe from I�eader to Borro�►�et �¢�aUa;
<br /> p�ymmt.
<br /> 8.Mat�e I��ra�oe. !f L,e�der roquircd�m�tgage irouriu�oe as+�cadition of m�king the la�n sorrred by thia Seavity
<br /> i�tr�mrnt. Horcower sh�l1 E+ay the permiums requirod to mii�aain the moctgege inEwrana in effat. If, for aay �ea�on,dre
<br /> mortgage i�urwx cover�6� m�uirod by Lader lapeay ar oa4ces to be in effoct„i�onmwar sh�1i p�y d�e praniums*�e9�i�+eJ Lo
<br /> obain cbverag4.substantlidly oquivs�lent k+tho mortgage insuranoe pneviously in effect,at a cpet subetanti�lly equivala�c wtb�
<br /> cost to Bomower�uf the mortg�ge inaur�:�ee pneviously in ef�ect, from m altcrnate mort6age i'asurer approved by I�xlct. If
<br /> , eubstantielly�er�u�r�lax matgage iosu�nce ooverage is no�available,?tiext+nwer shall p�y to I:�enefea eact►nwtNh a sum eqwl x�v
<br /> •��,ne-twelflh of the yeuly moctgoge insucyu�oe p�mium being(z�id bY�c+nowa"wb�'n the inwtu�cc cov�ra6e�a�ed ar cu►aed�to
<br /> � t,c�ir's.effoet. L,rnder will acaq�t,ust ond t�elain these payn�en'f3¢S;9�nSfi'�BdyC,Zm l:reu of mortga�e i�asun•r,rnce. �.osc i�save
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