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<br /> S, N�r�rd nr Ptoperty Insurance. 9orrower shall koe� the improvements now existing or hen�iter eratod on the
<br /> Property intured a��inat lflss by fire, huuds included within the term "extended coverage" and aay other huurds, incluc�ing
<br /> 800d�or flooding, for which l.ender requires insurance. Thi�in:urance sh�ll be miintainod In tha amounts and for tha pedod�
<br /> that l.ender rayuire�. The inru�anct;cati�c�providing the insurance shall6e chosen by Herro�ver subjeet to C.ender's appraval �
<br /> wiiich shall not bc un��on�bly withheld. If Borrower t�ilb ta m�int�in cov�rage dacribed above, Lender mw}�, at Leader's
<br /> option,abuin covcrage ta protcet Lcnder's rlghts in the Property in�ccorduice wi�h pazagr�ph 7.
<br /> All inruranee policicx and renewAls shal! bc acceptable to l..cnder uid sh�ll include a stu�dard mortgage clause. [.ei�der (�
<br /> shall htve the right to hold the pol�cies�t►d renawals.if I.ender requir�e. Bomawer s6�ll prompdy give to l..cnder all receipts of (�p
<br /> paid premiums aad rcnewal notices.In the event of loss,Borrower shpll give prompt notice to the insurance carrier and I.ender.
<br /> A,endec in�,y rra�lce proof of lass if not made pmrnpci�r b3+Bonower. �,
<br /> Unless L.eider u�d Barmwer oUncr.wiae�,g,cac ir�wdting, insurance prvoeads shall bc epplial to restoration or rep�lr of the
<br /> 4kopercy duieasai, if the restot�tia;r�srr.r.tpai,r,r.S�ic.�lly feuiQ�k�onKt l.�r.ncfier.'s socurity is not leaknod. If the rectorallon or
<br /> repair is not cxonamically feasibte or, fl�:r's security would be�us��.aP,ne wzwrancx pmceeds shall be appliod t�rhe srr.ms
<br /> se�curcd '�y tlu+s 5ecuriAy�t4umpru;, wiscther or not theR due, wi�e ux�r exc�ss paid to Bormwer. If Har.r.�wer. ab�ons ihe
<br /> Propenv,or das ia1 aaiswe�witE�in 3fD daya a notia from Lender that t?r�insurac�oe curier hu offerod to sGttGe a ci:ain:e.ct�z .
<br /> Lender xruy r.,olltct the insurance �c�aceods. Ltnder may use the �coc,�ads R� xt�p�tr or r�uo� ii�c fis�:�r�: t:. Y«1 �;::^�
<br /> securcd �y thas Security lnstrumera�.w'.h2.�ir or not then due.Tfae 34�}perioci will l�gea a��e���.�r�c:;:�:�z 3x>M•
<br /> CJnlas Ia�der and Horrower pitfiF�:�wise ugree in writing, any apRlication of procoeds to princi�al sh�ll not extenc! or
<br /> postpona tl� due d�te of the month��+ R��vaxnts rcfcrred to in paasgnphs 1 and 2 or ch�nge the amount ef the p�ymenas. If
<br /> ynder pu�g;apd 21 tLe i"r.r.�aetity is ac�ulted by Lenckr, Borrower°a right to iu►}r insurance poliCiea and p�oc�s nsuliireg from
<br /> , dam�ge to U►a Yroperty p7i.�s tu taa ac�uasition siiait jµss io L::��.::�k::.cza..�^^,:of the sum!�ec�!rod by thes:5�•curiry inctn►men[
<br /> ' itnmodiately prior to the�uisition. , �
<br /> 6.l]cnpucy,A'eaen'ation�1V11�iU�n'tebance rad Pt+otection o#'t�e Propertyi Borrow+e�°:�I,o�n Applicatfon;I.ea:a�!t�,�n�lds.
<br /> Eforrower shall occupy,at�bllsh,u�d'i�t��the Property as Borrower's principRl ryideace w�i�h����i�txty drys aftet the execuiioe of
<br /> ' this Soeuriry Iaururtxnt a,^.�1,etull cont9nue to occupy the PropertY�u B�rrowe�"�princiWil residcnce for at leut one yeu aher
<br /> ' ttre due otoccupancy, w�laes 1.endn'�thGrwise a�r.,ecs in writing, which con�m�slisll�ot be unreasonabiy with}xld, or unlaa
<br /> ;.�', extenuating'circumttw►ces exist wh�c:� 'xre bey��?'��1,(�rrower's eemtrol. Bo�-nc�wer shall cwt destroy, darn�ge or impair tde
<br />`.�• , P['OQttty/,dION L11E PfOpCRy f0 AC[rl:�I�C�Ti11L, Or CO�(Uni� w.aia irda iv`rc l""i,�','ca:j. �i'i�fII'�Lf:.tt:sl �L'!��f'..!!�-[if anv f�rfeite�re
<br /> � �� �!'•��ction or proa�oocling, wheth�r civil irr c.r,umnal, i��'t�ia$un thet ir�1Lender's good faith jud6ment could result in forfeitutx uf the
<br /> +'�: P�paty a otherwise n�texi�llY im�ii2;tlet iie�,�x,rratet�•by this$ecw9r,�Imtruma�t or I.ender's stcuriry i�aUre�st. Borrowtr mry . ,
<br /> , ' CUfC 511C�11 dtf�l i�f:(�l Te:i1131A1t��,i,S,�7D�'SD,jpi178C�T.�71'� IS,bN�c;lW9r►g the a�::�;ion or praxeding to be���smi�i with a culins
<br /> • � thu,in Len�.ler's gax3 fuir:a a.'+e��!tanin��t:i�i�n, �rit�#ulles forfeitun':��!F•eye Botlrativci's interest 9q the Proptr�.��•ot}�"inaiferid
<br /> . im,�frmedt af the lien ctratl�l 'by�itm�is:�:ct!tity I»attument or C�,1,:!M's socurity interest. Aoar�nwot shall alsa be���,�IGt<<i�e if
<br /> Bormwer,during the lan sppliufioA proatsa.8ave m�teri�liv faisr or ina�xurue iaformation or statement�w i.,end�+'�.�vr;i�ukxi
<br /> to provi�e Lender w'►'.:wy wterial inform�tion)in connoction with the loan ev�dmcod by the Note,includia6, but m1t 7}mited
<br /> to,rqn+atat�bns wr�amina Bocrower's occupanc.y of tbe Property as a printsii:,�,�J[esidence. If Wia Socurity,�nxmau is oa a
<br /> leard�old,Bortower slall coroply with �ll the pmvisiana of the leue. If Bortower acquires fa title a�� ,' Pmpercy. the
<br /> lweh�ild end the fa tide ahill aot merge unlesa I.a�der agc+aes to the merger in writing. �
<br /> 7. hateclior o[I.end�r'�Rl�bts ir�the Prapa�ty.If}3ortowa fails ro perform the ooven.7nta u►d agc+eemeau contalnod in �
<br /> thu Security I�tcua�eat.ar there is a legal proceeding thu may signiflcantly �ffecc i,ender's risbu in t��Propeity(ach�s a t�
<br /> . Q�ceeciinQ in ya�kCUptcy, probate�for condemnacion or forfeiture or to enfox�te l�ws or reguluions),Yfi%en'.Gendtir auy do and �
<br /> :rr';. PaY tor wh�utever is c�ooessary to protrxt the value of the Propercy and l.en�r,•'s�r3ghts in tha Propert�': tLeniter'1.�cii�ms may ,.
<br /> i • • inelu¢� ,Pa�'in6 anY �s seeured by a lien which haa priority ovec this '�cuxiry Inuiument, �ppeuiaig in co�lr�,':P?Y1�6
<br /> � to malce re �irs.Altha� I.ender ma taice�etioa undar this ��si�;r�►h �•'• :�
<br /> nasoos�bk;�:no�s�eya' fas and enuring on the PropcnY �" 8� Y �'� ,
<br /> . 7,La�der dvcs not have[o do so. . ', : '' •� � . ,�. '�::
<br /> � My asnounu disbucaed by Irender under thia pa�graph ? shall bdas�,mc.edditirnul debt of Borrower xcu�d by Uii�c :.
<br /> - Securitty Inseiument. Ur.less Borrower aod La�der agnee to other terms of�,�;�micnt, thae amounta shall bar interest from the ' •
<br /> date of ditibuneme�t u the Note rnte and stnll be payable, with interat, upon notice fcqm,Lender to Horrowur rer�vesting
<br /> . payrornt.
<br /> g-Mo�pse Ins�u�aoce.ii l�aadtc,r ra�uirod moetgsae insuranoe��oo�ition of makoi�.uGe loan aecund b�thu�bcurity
<br /> Ynatmmeat, Borrowtx sball p�y the prcmiums reryuired to rn�intain the roortg�e insur�ncc in effxt. If, ipr any na�ort. the
<br /> ,.;, mortgsge in�surarxe am�r+ge roquired by L,etxier lipea or cwes to be ia e�fax,Borrower sh�li p�y th�e premium� tequirod to
<br /> . ob,�in u+uv:r�e suba��ally eq�vsEtnc to tt�e mortgage insurince previou:➢y in effoct,u a cost substan�.ia2ty rqulv�prA to the
<br /> c;ost t�u I��nr�rMer af 3lau.imortgaEs iva�ruruxe pre�ioualy in r,f�ec.{,from m alternue �noe��e insurer aFproved by I�r. If
<br /> substarni�i;�oqui���i;+tr.�c�rcSiSe i�auca�oe covernge is not a�a;:17�.�t'e. Bormwer sh�ll paY r,o Cxnder each►nonth�sum equal to
<br /> '`.'�' one•twelhh ot tans Y�c'�•.I'a�ttgage imurnce gctr.wi►�m being paid by Burmw�+cr;+,wh�tl�e insutance wvrn�e lapsod or ceased to
<br /> be in effect_ i�r.wi]).�►bupc,�cse�ad r�i:ri�t IJir..x�:•{».yments u a loss te�¢r�v�iit. lieu of reart�a�e i,a��r�. L.oss reserve
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