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<br /> - �. �ur Prn�r In.s�raaae Borrower st�all tceep the impmvemems naw existing or h on the �.-
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<br /> �;;': ^``�.: � : Pcoperty�asund against toss 6y fi�e,hazards included�v�thin the tean 'e�ded oavetage'and any oiher ha�uds.iastudiqg ' ,;:
<br /> ` ,, . ' ftoods or llflading,for whic6 I.ender requires iasuranoe.'t�is insuiance st�all 6e maintsi�ed in the amounts a¢d for the perFptls �:'
<br /> :',°. . �,, �` tbat I.eader c�eqwres.'i�e msucance Garner provid�ng the�nsa�ance sLall 6e ciwsen Isy Baaawer s u bjea tn I.e a s i e r's apprav a t �;`
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<br /> ;;t`��.: .F Y",`" wtuch stiaU not be�mrea�vnabfy �vithhetd. If Boim�ver f�is w u�n ooverage d�ed aho�e.Lender may,at L�der's s;;,
<br /> ',`',�s"•t° optioa,o6tain oovecage to protea Lcader's rights in tbe Pmg�ty m acooidaase arith pazagraph�. �:
<br /> ,� �,'� All ingur�cx poticies aa�renewals shaU 6e aooepmbte w Lender and shall inctade a stand�d aaartgage cltwse. Leader
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<br /> �� _ �st�all have she right to hold the Qoiicies aad eenewaLs.ff Ixadea�equir�.Homncver shall promptty give w Leud�r all receipts of �
<br /> � , paid premiwns aad renewat natIces.In the event of t�ss.8omnarer shaU give pmmpt noticc to the imsniau�ce catet�r and i,eades.
<br /> -'� � Lender may make groof of I�s if uot made pmmptly by Borrawer. �=.-
<br /> `;?� UWc�s I.a�der and$oaower otIiecwise agnee ia writiug,insaranoe proaeeds sbaU be sgplied to�storatlan os.npair of the �--�
<br /> � '�' '� PmF�r►Y d�g�.if Wa;estoiation or cepait is eooaomicaliy feas�le and Lender's secuiity is aot tess�ed.If We restoratian er � °.
<br /> • `.,��; �air is nat ewaomically�fess�'ble or Leader's sewrity wonld be[esseaed,the iasurance pmoeedc sLall be sppdied m the sums = `
<br /> ;s'�.- -'�'•�':,p; s e c�u e�b y t h i s S e r u r ity I n s b n i m e nt,w h�t her os no i t h e n d ug,wi t h aay excess pai d w B o r r o g r e� I f B o i r o r v a r,a 6 a n d a[�t h e --
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<br /> �'` :.;{;�-�r: PropertY,or does t�ot answer within 30 days a no6oe fram Leader that the iasmaase c�rrfer has offered to se►ile a claim,then �.,:
<br /> ' �, ��: Letuder roay calteet ths iasurenc�pmoeeds. i.eader a�ay use the p�o�eds to repair or reswre the Ptoperiy:os.to DaY sums - _
<br /> 4 'f zaeM�� SeCUred by this S¢G1rity incm�mPnt,whethes or nat thet►due.The 30-day period�v71 begin whea the aotice is given. �-�
<br /> �'` , Uatesg Lender and Bormwet othetwise agree in writing,an3► aPPlieatian of pmoeads tu�psiruipal shall�not e,xtend ar
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<br /> � � • : pastpone the due date of the morUhlY PaYmeats refcrred to in paragraphs 1 aad 2 ar cbange the at�wuni af the paymeats. If �' -
<br /> ' :. uadea parag�ap�21 the Ptoperty is aqquired 6y Leader.Baaower's rigbt to any insoranoe�allc�es aud pmc�ads rrsWtiwg from _
<br /> ' ' .�.• ;i �tanmge to the Pro�ty prios w the aUquisitian shall gass to Lender to the extent of the sums secumd hy this Secutity lasmunent � .;.:
<br /> � . iuun�diateiy prior to the aoq�risition. °° -
<br /> . `�'� 6.�CCa Pe+�seroatton,Mainte�aaaoe an�ProL�oa o4 tt�e Prnperty,�orruwe�s Lamn Appittattan3 Leas4hoids. �:�
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<br /> `, Borrawer shpll o
<br /> . , �.. .,:� ccvpy.establisb.and ase the Property as Borrower's grincipa!residence arithin sixty days after tha execution of �---
<br /> �- ::.�;�� � ;,'�:r.'�,� Sec�uity Instmment and shatl oomittue w aoa�py the Pmperty as Sorrower's principal resid.ertce for,At ieast one year after !�__`=
<br /> 4 � �;;�e date pf oaupancy,untess l.ender atherwise agrees in writing,wfuch conseat sball not be anteasflnably.withheld.or imiess �
<br />- �.�±� �.'�:r-: �" ,��extennadn circumsrances exist wluc6 are tieyond Bomower's oontrol. Borrower shal! �o��de'stmy, danrage ar impair the � �
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<br /> �, ' � IkOperty,�,�'i��c�;a tM Praperty to deterioiate,or oommit waste oa the Property. Borrower shallibe in defaalt if auy forfeittu�e
<br /> ; -,��;4.°� ' ; , ,;;�tSor�or�a�iing,whether civA or criminal,is 6egan t6at in Leader's gaad faith jadg�u�eni�ooutd resnit in forfeiture of the -
<br /> :� . ;:F ....�bperty�or��eivrise m�?s�;a%1,Y imPair the liea cneated by this Secariry insaameat or I.cnd�r's s�rIty intere,st.Bosrower may
<br /> ,�'`,,�;��';�;, ���. ��'�.;:�;°:�sucli a defauti aiLd�i�S�,'•,as providod in PatagtaPh 18,Dy ca�siug t6e atxioa as.Ps+uc?eedin8 to be disatissed wlth a mling =
<br /> • -Ji� ��`�;, � ���: 'fliat, iu Le¢G'.��c's goad'fa�l3'detemfiaauon,Precludes farfeiwte of the Borrower's interest ia the Property oz other matcrial
<br /> ' �, �r� impairmen�;o'F.?t��.lien create�by this;S�auity Instr�uneat or Lender's securiry interest. B�e�yzc shall a]so be in default if ���;_
<br /> ` �, ��'; ,: �;�omower.di}f�i$the loan applicz�tion process,gave materially false a�s�acauate iafo�matifln c'ip����°„mea3s w Lercder(or failed
<br /> t�• `:i� �::�proxide Lender with aay material infom�adon)ia conneaion with i�3oan�evi3�ued by the Note,inctu�rg,but rcat tunited -
<br /> � . �,., u� ';';�fs.'tePresant�tioris eoncerning Borrower's accupancy of the Prcrperty as a principal resideure.If this Security�nnteat is on a -,
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<br /> ,_ .;,.1,��',; .`•?easehotd, �x.^c�wet shaU comply. with all the provisions of the lease. If Borrower_acquires fee title to th� PmpErty. the =.
<br /> , .'....�'..�,� �'� lease6otd 2�d u�i�fee dtle s6a11 not merge unless l,ender agrees to the merger ia writing. • : -r-
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<br /> ',F;�;"';»���� '�`i .7.Hcspe�fGf;m o8 l.eadeti's R1gQ�ts im 7he Property.If Boaower fails to perform the coveaants a�d agreemeuts oontaiaed in --
<br /> .'.t1.^.''� ' � ":3 this Secui�,�r�aneiu;.'�.r�iere is a legal prac�edi�,,�t�at may signifrcantly affect Leader's righLS in the Property(sach as a -°-
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<br /> _ �,��,�;, � :.,.•.: pinceeding ttz��}anlau��.'���abate,for mridetrmatta�u'r.��orfeiture or to e�nforce taws o�regWatiOns).then Lender tnay do artd
<br /> � � =i Pay for wls���r 1s necess�w pmtec�?�x v.alue of tBe�Pruperty aad I.ender's rlghts in the Property. I.ender's actlons may
<br /> ;�':,�' '+ ;`l�; inctuds Pa)�..;''�,,�y sums secured by��►.�whlch has priodty �?�r this Serarlty�Ia��rumedL�,appearin$ in coiut, P�S —.
<br /> '�•'. „f .:<;:� reasonable�'�eYs'fces and entering o�che Propsrty to make re�r�r5rs:Atthough Lender may.taSae a�tion under this pazagraph =_�__
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<br /> ' 7,Lender dce�not lu�ve to do so. r , -�•
<br /> . ��::; Any amounts disbursed by Lender under this;j�graph 7 shall beoome additianal debt of BorroPrer secvred Dy this
<br /> . �� � Security Ynsuument.UNess Borrawe.r and Lender a�.r�other temis of payment.thcse amounts shal!bear inierest fmm the -_ --
<br /> • � '; date of dis�3es�ent at the Note rate and shaU be y�y�bte, ari�2tin�teerest,ugEm notice�from�l.ender to �orrowes requesting �� -
<br /> ..,� 'payment. r : � � ..� , �'y.
<br /> - � `� S.1MtopYgage gasq�^-.w.ce.If Lender s�equired me�}�"e insuranee�es a condition of.maTdng the toaa secured by this Security ;::
<br /> �', � ... � 'Instruraent, Borrower• a she remiums r wreol to maintain the mort ;":-`_`
<br /> 5., . . : '�'�';P Y D �1 � g�a Insurarzce in effect. If. for atry ieason, the ,„ ���;._
<br />.. .' " ��_�'� � mortgage insurance coverage requireA by Lende�r lapses or c�ases to 6e in effect,Borrower st�l.pay the premiums required w �.,. 4��;-
<br />- • `�t° ��i obisin covetage substantIalIy equivalent to the murtgage insurance previously in effect,at a oa�•substantially equivalent to the '`'. "s�.'
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<br /> ,����;'�i':t� Y,��'°� oost to Borsavver of tIie mflrtgage ir.s:.ca�ace previously in effect. from an altemata mortgag�nt�uret approved by Lender. IP •���:
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<br /> ' i substantially equivalent�a,»,�nge insurance ooverage is not available.Borrower ahall pay to Lender each mouth a siun equfll to �:'��i�';�'�
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<br /> �� ; I '.�c�ne-tv�elfth of the yeariy;�a�:aegage�nsurance premiu.m,being pai0 by Bomower when the iasurance coverag�F��d or ceased to ;; ti;. _
<br /> . . � �;;,; �., • •�e jn effect.Lender will acoept,use and reraia these F�arents as a loss reserve ln lieu of mortgage insa� Loss reserve � . .: . ���; �:t
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