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<br /> 98- 1��0�
<br /> S� �nl o�rruperly rwwrAACe. Borrowor shall keep the improvement�s now cxisting or hea�Rer erected on the
<br /> n____....i.....,..�.....i„.� !�.�� �SS.� .+..na irrl►ufeif t�rithin lhe te�m "extet►Jed cowerugc' �.rd any other hazards, including
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<br /> 800da or ttuoding, for whirh l.axfer nquins inwr�nca Thi�in�urance shall be maynt�inal in the amounu enJ fur Ihe periads
<br /> th�t��enAe�r�quires.Ti�e ir4wrenze rankr providing the ln.wne�:e ehall be chosea by Hwrtnwer subJect to Lencier's approvd
<br /> whkh afw11 ►�t be�nreaxm�bly withheld_ lf�orrower fa8s to rnaintxin cavernge dcscribod abovr,I.rnder mny, at l.cnder'e
<br /> opttiar.ubtrin�o�,erqe tu prolecl i.enaer's d�u?n the E'roperty in ec��nrd�nct with pangr�ph 7.
<br /> All inlwww.�c pn�icles+u+d rcnew�l+ slwil be acceqable to l.end�:r�ttd shrll includa�standurd miortRage clause. l.ender
<br /> �11 have the diht ta FwM tbe pulicias u�d rcnawula.If Lender rcyuin�»,I�urrower�Iw11 prai�}>tly�i�'c tu Lendcr a11 rcccipts of
<br /> p��p�um��d ren�wal nol,iceb.4n,Uie evernt of las. Bumower ahall give p►ompt naice to the in�wnu�re carrier and l.ender.
<br /> lx�xler mwy malce p+wt af lons i�nQt�promptay by Bat►uwer.
<br /> !)nless I.�end�r ur,i B�xruwer d�rwi�e�gra in writing. insuronce procbods stWl be�pplied to restorotion ar repair of UK
<br /> pnupMty d�un�ed,if the restontlon or rep�eir is ccono�nicalEy faslble aixl Lemkr's security is cat i�ssenod.if thc restorstion or
<br /> repair i�na economial{y fasibk or Landa's s�ecurity would be l�ssened.the insurance procceds sh�ll,t�e applied to the.wm+
<br />� arwred by thi� Securiry Imt�umrnt. whesber or not ti�cn due. with�ny excesa paid to Borrouer. If �larrower abnndons the
<br /> Yxaperty.or doea not snswer witlr#n 34 d+sys s notice from Lender th�t the imwnnce carder has offenxl ro settle�cl�im.thrn
<br /> �LxMer nn�►7 wlkct the insur�n�:e pnc►ceeda.L.cndcr may uee the proc�eeds to rcpair or restoro cho Prc�pe:ty or to pay sums
<br /> ��p�r�Serurity Ir�strunxnt.wMe�l�er oc not d�an due.TI�30�ciaY 1►criod will begin when ttres notice is giv�n.
<br /> unl�ys l.�c�de�and Aorrower.utperw;se rgrce la writing, any npplica�tion of p[oceads to p�incip�l shall iwr.extend or
<br /> po�q}oae tbe due d�te of the�u�hlY P�Srmarts referred to in parsgr�phs 1 wnd 2 or ctange tha amount of the peymrnt-4. 1f
<br />' u�rer�ra�n�ph 21 the ProperRx iy wcqulned by Lender. Barower's rigbt to�ny inu►xtrn.�e policks �nd procaods ruwlting frnm
<br /> �e W tbe Prv�paty prior ta the acqul.sition sh�lf peiss to I.Gndcr to the cxtent Qf tlrr swi��a socumd by this Security In�,trwti�rr�t
<br /> aoan,ed;,trly pric�r v,rhe noquisition. ,
<br /> �,p�cr�cv,H�awation,�aed Ptotectfon o[tAc Property:BarroMer's I,o�u A►pplEcaN�n:I.esee4olds.
<br /> �c�m,�,er�ha1l occup�,,at�bliyh.and yk Ne property�s Botrower s principal residence within si�tsy d�ys after the ezecutlon of
<br /> tb�i�s Securiry Imtrument and st�l)conttnue a arupy the Propnty as Borrower's principal resider�oe far�t least oae yar afur -
<br /> f�e date of occupsn�y.unlas l.enckr dhe�n�fse�$ras in wriung. which rnnsent shall not be unneawnably witltiln�93, or unlas
<br /> exan�Mi►sg cir.cumuan�es exist whiich ane beyond Bortower's conuol.�Borrowe� shaU n�t destroy. d+in�Be �;impuir ti►e
<br /> propctY. sUaw the Pmpezty to deteriorbor,or ca�nmit wuste on tho !'nn,�erty. Aorrower shal!be in defwlt if any forfeiwnc
<br /> aaiow or procaeding,wtKthe�clvit or cri�miaal.is begun Uu�t in LeMer.'s good faith judgrt�ent cauW result in forfeit��e of th�t•
<br /> . • praperty or otberwise mal�riolly impwir the lien crcated by this Security Inuntment or i�ender's securicy interat. Borrovver miy
<br /> cvrt st�r defiult u�d reiest�t,u+provided in Qacsgrapl►18�by causing the sctio�i�rt�nra�ceding ta be disa�issed with a zuling
<br /> tht. i�.��eikkr'a �oad faid�deoenninMion,pmludea fafeiturc of thc liormwers i�tQreu in ibae Ftipw�y u c,tik:►usi�i:! -
<br /> , iaup�i�me�t of dre lieu cteued by Ihis Setivrlty Inst�ument or L�endec's'socuriry imerest.Bonowar�hall al�o be in default if
<br /> � Haro+wet.durin6 the iaan�PP�ication p��o.Bave materitlly falss ae in►aerurats infom�tlon ur xts�tonients to L�der(nr fiile�!
<br /> 1�n prcoridc L,rnder with any made�ini iafoe�oution)in corukction with the loon evidence�l by the Note;includina,but not limited'°
<br /> tc�,.n�er�atio��m+u6�wtr'�t accupancy of the Propetty as a p�incipAl residence. If this Socurity l��mnent ia on a
<br /> iaa�selwal4. Bor�wa sh�tl com�ly wiU� all tt�e pmvisions oP the lcase. I!Borrower aoquira fa ticle to iht�•Rrbp�erty� the„
<br /> IaYelwid aud�6¢tee tidr ehAil�►�t n�e uok.s�Lcndi:r agrocs to tt�e merger in writing. ,,, . .�, ��,:
<br /> 7.hMetlM��f I.e�i�r's iti�YteMa tMe hoperty.If B�mnwa fiils to pertorm tha cave�mtrs'.anc�;�ean�r�s oon�dned.ut';
<br /> thia Secvrity I�.a d�ere ia a kgd Prceeedi�th�t maY aignifiaintly� 6on�c�er's ri�ltat�;ui tlrce Propeny(such as a� '
<br /> propeedio6 in b�nknipocy.probote. for ooade�nnrtion or forteitune or w enforce 1ar�s am ngul�io�3!). tha►[.a�ckr m�Y do�r�d
<br /> p�y for avl�rtr in na.�esnuy W protat tbe vduc of the Pn►pecty ud Lendcr's right� in the Pr+aQaty.L,eider's�ctian m�,y �:,:
<br /> � p�rir6 any wns tacured by• iim which has priocity over th�e Security I�ttutneot..+�pParioB in �ourt, P�y�t •
<br /> re�oeable�s'fea and entsri�g on�a Poopeity to malce reqirs.Although Ls��dec may tilco act�nn under this paaae�Qb. .
<br /> 7.ladder doa�at have to do so. �
<br /> Any a+nouna dlsatcsed bY [�end�r under this p�h 7 shalt beootne additioml dobt of Bocrower s�xatt+ed by this
<br /> Security:muuuna�t. Unlep Barowcr u�d Lender�ree to a�1Kr tem�of psym�a�t. tl�ese amounta shall bar irMenest from the
<br /> drec of diebunement ae tha Nqtc rate and sh�ll bc p�ysble. with int,ac�t.upon notic�e from Lender to Horrower roqua�in�
<br /> pn'tne�t• .
<br /> s,MMip�e I�x, te Le�xla requind moRg�ge insuranae as:condirion of m�king the kyn secu�+ea by this 5ewrity
<br /> ���. ���. �(�pey the preriunm�roguinad w maintain thc matg�ge,inwraaoe ia effac. If. fa aay reaeon. tbe
<br /> matg�ga ins�ranoe oova�gc roquired by Lender la�cs ur ceases ro be in effect.Borrowa siull py tb�pcentioms requjrod w
<br /> dxain ouvengs subsantially oquivatail Ya tht mo�taa�o inwnnce pneviously in ef�'oct. �t a cost �ially equivalait to�lie
<br /> coet to Burrowcr f the mortgege itssurance previously in effact. from an altemste mortBaBe irasurcr�ppmvnd by Lender. If
<br /> s+ibeantially�oquiY�Cnt mortgqge insunrwe ooverage js not avAitabk. Bomuwcr shall pny to Lanler each nxmth a sum e�ul t6
<br /> pne-twetfth of the yar1Y imaitgagc insursauoe pten�um bcing p�id by Somower whrn tt�e inssuanct coverega lelst�d or c�ea.+eci M
<br /> t�c ia'effect.I�ender wilt acc�pt,use and reuin U�ese paymmnK�s �loss reserve jn liw of moitg� insuraae. Loss oeaerve
<br /> , • Fann 9o2e fflo
<br /> P,�.aae
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