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<br /> RE•RECORD��u"� ��3� q w 1�'�
<br /> ,� • S. w� a, p�y i��ce. gorro�,er �11 kx�ihe improvemrnt� now exis►ln�'b�reafter erectod on tho
<br /> . . Pn�peny Insurcd againat laxs by fire, hazudt incluQcd within ttie term �atendod covera�e' u�d any other huar�, including
<br /> flaodr or Qoodin�, for which l.endec ro9ulres inturanca Tbb isuurance sMdl be nud�taiaad in tYu:�now7ia and for the prdoci� ---
<br /> that��der roquice�. The insuaa�a carria providin�the ia�ucaax �h�ll fx eho�en by 8orrower�ubJect to Lea�de�'s�pproval
<br /> Whkh ah�l� not bc unreaSO:tably withheld. [f Borrower txil�to maintain coverage descdbad�bove, Ltnder may,at Londer'a
<br /> optior,.obt�in cbverage ta protxt l.cmder':ri�htt in the Pr+opaty in.�caxdu�a with P+u�E►�ph 7.
<br /> All insur�t�oe policies uxf renev►'�te shall be accept�►bk to Laaxkr �u►d ah�ll ipclude a uand�M mortg�ga cl�use. l.ender
<br /> it►all iuive tbo dght to hold the policiea�nd retiewal:.It Lender requica. Borrower��ll promptly give ta l�endar all naipts af
<br /> paid premiums xnd renew�l nada�.[n thc event ai los�,Borrower s.l►�lt 8ive prornpc noNce to tho�ncutnna catrler and Lender.
<br /> Lender m�y ma1:a proof af loss if not m�de pmmptly by Bortower, ���� ���to restoration or repair of the
<br /> Unlas l.ender and Bormwar o�lurvvi�c agroe in wri.tii►{,im�u�e P� �PP
<br /> rro�ny a,,,�,a�a,if the restar�tion or r�eptdr is 000namicadly�e�sibda m��etdef°s��ecuri�Y i�►tot leaxned. lf du nstoruion or
<br /> rep�ir i:aot xonotaically fetsiblo or I�ender's soctu.i.�y a��wW: 1k kCSxfl,od,t�e aawr.a�na proc+aod,s slu�ll be ap�f ied 4�a thc sunas
<br /> �... .__._...�...� �„��„r r,nc rb�,dur.wiah�y exoas paid to�wrr. ]f Bar�owe�ab�aado�u nc�
<br /> �ed'oy u►i� �.w�.� ��..�......,, —
<br /> propecsy�or does nof answei wlthin �d���n�+:ice�n,rtaa Le�sder tdr: the insursnce carciier hss oxiiamm ur s�aie a.:F�uua.a����
<br /> 15C tk tQ Of itStC►tt fhE w'p�CRtX Qi OeT p#� SViqe•lA
<br /> L.ender m.y oolloci the insur.+�oe Proroods. t.ea�ae►� �°O°0ds ''� .
<br /> �ecured by thit Secudry la�truma�t�whether or uot�hta cA�ae.Tlie 30�dxY P�riad wi!!be=in when the�tot6ce�s�naeu.
<br /> Uatc��'�ender and Borrowct d�erwiae �gnx in wtidng��np WWicatio�n of p�c�ooads to princip�l stu�AG not extand a
<br /> �ostpaae cae ci�u�uWe o�uw mar►ch,Y p:Y�:.:..tiw i�!e� to Ln�ara�ra�lu 1 and 2 or chu�e the �naunt of tLe p�uytio�na�. If —
<br /> u.e�der par�r�21 the Property is acquired by L.ender, Horto�ver's rigtu to�np iasuranx policies u�d proaeas resWting 6im,�m
<br /> �m�e to tbe Froperty W�or to the roquisition ah�ll pus to 4erder to the extent of tAe suma�ocured by this Securiry Iass�u�raTnt
<br /> irnme�di�tely pcior to thc aoquisitioa.
<br /> f.4ecMp�ocy,PraoaYatlon�Maioteeance�wd Prataiio�o[tY�'Yropat7+��v►er'�I.o�a AppUatlo�;L�+MeYoldt.
<br /> Barower sh�ll occupy,estxblish,md use the Prope�ty�s Bara�wer's priacip8 raide:�oe withia aixty d�ys aiter the e�cecutioa of
<br /> this Saucity Instnrment and s�Wl ooati�we to occupy tha PioputY a�orc°wer�s Pn�P*��"�`�for�t least one yeu after
<br /> � ...�f�,��+.�xw,ur.r.11r.xs L.ender uthawiee a�ees in writin{, whidi oomeat�11 not be e+n�r��uonaLlY withheld�a utakss
<br /> �.�ca►u�tin8 eincum:i�na.� ��sc which are beyood Bnradwer'�oontral. Borrower ieaii �o� deumr, tiN'u�'i�`��; ��::: �;.
<br /> �ropetty, �Ibw the ProPerry to deteriocate. cx coeo�,�c•w�on the Propa�ty. Bonovver shdl be ia d��;��::a �,��ny for[eiture
<br /> aaion a�+nx4�a�d�ng.whdria civil a cdmia�l, ia bt�un thyt ia L�a�ePs good faith judgnxat aauld rault�i�h r�ctfeiture o�tbe
<br /> propertY oi+c'1}:cerwise muerl�ly imp�ir the lien cn.ued by t6ia Sor,urity Inscn►ma�t a L.ender'�rr�urity incec�st.Bono.vei:ims�r
<br /> cure such a defwlt wd aiastue.ie Provided ia para;r�t►l8. by rausint the saioa or pcoa+ed'nae to be di�mis+ed with a�q,c:+".��ns
<br /> tlut, in L,ender'a Eood faith cktaminacion. p�ocludies �F�rfeitwe of tt�e Bonnwer's intere.+c in tt�e Property or aber mwterial
<br /> ;mpaennent af the lien cra�ted bY thi: Security Inuruuxnt or Lrnder's�ocurity interest. Borrower�ll al:a be in def+�ult if
<br /> Borcower.d+u�inS the lom application process.Bave w�►�tivlt3 f::�c or inxxunte i+!f�!*_neliat or st�ts to l�eoder(or tailed
<br /> co provide I.a�der with�ny materi�l information)in�ion with the lo�n evi8e�ced by the;�,�:�te,includio�,but not limitod
<br /> w,represeatatioas oonarnin6 Borrou'er�s°°�Y of tLe Propeity as�principal raidenoo,ll�'�nit Sixudty Imacv�meot u a►a
<br /> 1e�ebold, Bomower slWl oomply with a11 the proyisiom ot the Iwa if Horrowec acquiia'fee titk to tbe Propaty. the
<br /> �p�old and thc fa titk�iull not mafe unless Leader a�od to th ma�er in writina. •
<br /> ?.�'rotextioa of I.emfer's R�Ms in the Ptopeo'ty�1f Borrorva failt to perform t6e�eova�aats�nd�greenxats cont�iood in
<br /> c�;� ti�7�xv :ccuctumem. or there is'�l�e��l Prooeedit� t�e�°�'f' �Sn;�Uy aft'ea Lende�',�.•�lsha in ehe Pe+oparcy(syr,�•.ac a
<br /> �! cobate, fds�nn.ndema�tioa.or forf�iturc mr�ao eaforce laws or.re�u6;�r.iaoa). Wen I,,eader m�yi z?kt�ainl
<br /> ::�.qi�ep,ia�;g�)n baniciuptcy, P � mdLrrndct'`� �' W tcK�tar:b°�opatY• Y�odet�s sC�ic�'r;.ivay
<br /> 'pay f�u'r w6uever la nocea:uy to protb�z ut�e���l'n�c isE yt�e Propatiy .'ry,�1a,
<br /> ' �i•nc�i�Se p�yu►B anY wms xwred bY a;�deo�,.1��n�rcm fins pnaicy ova this SrcL►.•aty In:tiuchaat. �pp�in� in oouet, P�Y�t
<br /> , . ;rsieix►�ble attomryi' fces ud taterin�vte���'r�th' eo mate c+e�irs.Althouah I�ender m�iake activa w�der thu para�Qh ,
<br /> '��L.toder das aot have to do so. ,.,•�. �'
<br /> Ap j� amounts disbuned bY l.rndcr �wdez �.Pa�a�rap6 7 shall beoome �dditiaad a4'�c'rii of Borcorver xc.aund by this
<br /> . � .$ocuriry Inuruma�t. Unless Horrower and l,ea�:�r.'si,groe to aher terau of p�ymaU� these ierkwa�u thill bear intere�t trom the
<br /> . d�te of disbursanau u the Nae rue wd sb�9p flt�c i{+ay�bl�,wAth intaest. u�cm,rwtia irom L�eader to Bormwer raquescinE
<br /> ptymtnt. '
<br /> 8.MottEage Ianu'aaa. If[Jendltn mecguls�od nwrtga�inwrm�ce as a cond'ition of makinE tLe Iwn�ocurod b�r this Securiry
<br /> Iastruma�t� BorroMer st�sll pay tbc�ne�rrn's•uiris rey,►irod to rnair►t�ln the ttwtt�µe intut�noe in effoct. If, fot�nY rea�on. the
<br /> ' .mortgige inwrance oov�r�e by.��na�s or c�a to be in effect, Bo�mwer sh�ll p�y the ptamiurn�c�e9uired to
<br /> ���.
<br /> � obtain oovaage subatantially equcv�Eeut:rou shr�i�:nr>r,chT;�e insaurxx previowly in ef[oa, at a oost suba�aiai'��y��quiv�ieat w the
<br /> .� oost to Bonov�er of tbe mort��e iu�:�ttrairi+E��'rsa:�.�iy in�eftect,from an�Ltemue mat�e iasura�r�,ced by t.eoder. If
<br /> wbstonei�Ff�y oquivatau mortp,a�e'r.cr.�wrruice��+�s�ge is not av�able,Borrorver�6all paar Rw+�1!,on�s��4►����w
<br /> oao-�er�cflf.tth.c►�the ywty mortg�e era�:�,:ar�ce pmmiwn beins Prid bY Bormwa when�imxur;nwx covera�e l�ed ae oeya�ed w
<br /> be in et'foa.t�e�ez a�itE accept,vsc and tecain c3Mewe plyment��s �los� re�ecve ia Zi�rc ay Rtortg�e imm��ce. Loss rrxsve
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