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<br /> 98- 1��4
<br /> S. H�M or Property Insur�noe. Borrower shs;ll kcep thc impmvements now eaisting c�r hereAftcr �rectrd on the
<br /> i'n�pecty insurod a�s�inst loss by flre, hurs►rds includcd wfthin th�: tcrm "cxtcadcd cuvemge" ura! uny nt�her harnrc�s, inch�ding
<br /> .,�_.�...�.►...�.
<br /> Aonds or f]axiing,for which i,emiccr roquircs insurAnx. 'mts�nsi�rancro snall be muincaine�i iu d�i.u�i��u:�t„a:N.... .�.,.��••.•....
<br /> that Lender requiteK. The insurance carr�er pmviding ihc inxµna►ec�hall be chakn by tk�rmwer xubject to l.en�kr'�►apprpval
<br /> which shrll not be unreasonably with�eld. If&�rrower fdlc tu maintain covcrnge described atx�v�, Lender n�ay. at L.axlcr's
<br /> optlan,��btain rnverege tu pratoct Lender's rights ia the Prope�ty in rccardArrne wlih pua►graph 7.
<br /> All insuran,.^e �lictes �nd reikwals shall be arnptable tn t.e�xler And �shall includo� staixlard mortgaEc claure. l.ender
<br /> ah�t1l have�he ri�ht ta hold the p�Ucies ur�d renewris.If�.encfcr rcquircw.BOi'iQWCi'Sllilll PT6A1j�lly �'{VC IO I.Ct!(ICT QI)iL'IYIjNS(1f
<br /> piid premiutns and renew�l t�tioes.In the event of los9, Borrawer shall give pmmpt nc�tice to the insuraix�cartier+u�d I.etxler.
<br /> l.onder may mnke proof of loss if not ma�fe promptly by Borcowtr.
<br /> Unless Lendcr uW Bc►rrower otherwiu agree in wNting.lnsurance prc►coedF shall be appliod ta restor�eian or rcpair of the
<br /> Property damegod.if che restoration ar»cpdr is ecorioml c�lly feasible and l.ender's secudry ia nat les.unai.If the r�estnrntion or
<br /> rep�ir iF rx►t ecar�amically fcasible ar l.�nder's securig�vauld be lessencd,the insurance pmoads Fhall be applied ta the sum.a
<br /> sccured by this Secu�ity Insstn�ment, whethtr ar not then due, wiW any excESS paid ta Borro�ver. Lf f3orrower nbandons thc
<br /> Property, ar does nat unswer within 3Q d�yR a nAtice G+om Lender that t[�e�ns►trance carcler hxs vf'Ceroc�to setde a claim. tt�n,
<br /> I.endor mny collect the htsurance praceeds. �dcr ms;y uso the proce�s r.o r.c�ur cx rest.or.e r�re' IP�.aPerty or to pay sums
<br /> sxurad by this Security InstrumenR.wle�ther or not ttrc+� due. 'fhe 30-dAy peMnd;�+i.if,Aegir►wP�en cfTe r.00cr,ae is give�.
<br /> Unless Lender and Borcower oth�etwisx agrx in writing, any ap�i.ca�¢rorx o�pr:cxxeo�s to principad shaEt eeQe eatemc!or,
<br /> �wstpone the due dAte of tAe marrMSy paYman�ts rcfetted to in par�gr�s A anr�2 or c�an�ge the anw+:nt of the p�Yccients. 16
<br /> under paragraph 2I tt�e Pt+ope�ty es aoyuiraf b��r A.e�der� Bo►rower's rigEe4 to aioy insuranoo policics and�r000eds rcsubi.ng frooa
<br /> damage to the Propert�r prior to tAe acquisition si�L! p�c ta l..Ender to the oxtent of the sums sern�od bY thiz�cv►"•�y'�r's�''�:`�
<br /> im�n�ediately prior to the acquisition.
<br /> 6.Occup�ncy.Prese�rv�tioa.Maintenance and PnolxIIioe of the Prapatyi Borro�er's i.o�a Appltcatbn:Ls.�s;,rl�olds.
<br /> go�rowet s1a11 occ�upy,est�b�ish�and use the Pnoperty as Burmwer's princip�t]crsidenoe within sixty a�ays atter the execution of
<br /> :t►is�ccurity I�suur��,�f and s6ati contiaue to rx�upy�taeProperly u.+Eo��a�za:.s'�principal rcsidena for d least one yeu after
<br /> the due of�c�cup�ncy.unless Lende�otherwis�e w�:ras inwriting. which a�rm��ent siiall ncN.be unreasonably wlthheld,or unl�s
<br /> extenuuing circumst�nas �xist wtiirh are be�rond Borrower's contmi. �orrower shall not destroy. damage or impair the
<br /> Property. dlow the PcopenCy to detedorate. or commit weste on the Property. Bomawer shall be in defiiuult If any forFeiture
<br /> action or pmcading, whether clvil or criminal.is begunthat in I.encitr's gaxl faith jndgment caeld result in Corfeiture of the
<br /> propaty or otherwise materially unpair the lien created 6y this Security Insc�Tament or Lender's security interrst. Borrowec maY
<br /> cure suGh a defauit ud neiustate,as providod In�wragraph 18,by causiog tL�.�::��tion or proceed►ng to be dismissod with a ntlieB
<br /> that. in I�encfer's good fiith dete�r.dnatian. pt�ecludes fafeiture of the lyarauwers in[crcsi in tiic Fca�rt'� as ailxx a�tsr'ss!
<br /> impaim�ent of the lien caatod b�;r 6L�ib 5ecurity Instrurn�nt mr 3.,ender's securlry interest. Borrower shall�lso be in default if
<br /> � Horrower.during the la�applicatian proass,gava maurially false or int�av�te infonnation or stuements to I.endzr(or faled
<br /> � to provide Lender w@st5,any material informaair�cq�in meviection with d�e Icn�ir,e�-idencod by the Note,including,but not limlttd . :.. r
<br /> to.cepresentations crnar���rS�jng Barrower's o��;wf�r.Et y of the PropeKy�s a ptrn.i�al residence.If this 5arr:eirity Insttvment is on x '
<br /> '' � lea5etwtd. Bomower sh�l1 compl� wiih all t7te prorisions of the (ease. If Borrower�quires fco e3ttpv to the PropoKY, the ':,.;;
<br /> lasehold and the fa tida sttall na�R:a�trge unless Lender �gt+ecs to the merger in writing. � � '
<br /> 7.Pnotecttoe o!'I.eeder's Ri=6ts ia the Propaty.It Borrower fails to pedorm the covenants and Agreecn�nts oontained in
<br /> this Socurity Ir�atRament.or tl�ere is n legd prc�ce�ding th�t may signiticantly affect i.ender's rights in the Propecty(such es s
<br /> procaeding i�b�nkrupccy.Probate.for oondemnation or forfeiturc or to cnforce laws or oegulations).thai Lender mry do smd ,
<br /> pay for whatever is neoessary to protect the value of t�c Property a�d Lender's rights in the Property•Lender's�cdons may
<br /> include paying �ny sums savrod by a licn which hati priority over this Security lnsmiment. appearing in oourt. p�yinB
<br /> rasomble attomeys'fees and entertng on the Propeny eo maka crpairs.Althou8h Gender may take actian under tt�is�R�ragr�p!►
<br /> . . 7.Laider does not have to da so. . . - •�'
<br /> My amounts �lisbursed by Lender u�dea z'his pangr+�h 7 shall become additiona7 debt of�ct��owsr sa.vrod by this �_ �..
<br /> Sxurity Insttumet�. U:�n!pss Borrower and Lenl�er egra�o aher icrms of payment,thcse amounts s�ifl bear interest from the ;�, �
<br /> date of disbutsemen:t nt ihe Nqte rt�.Vte and shall bc pay+ble.with intercst. upon notice Irqm Lender to Borrower requestjng �
<br /> WYment. . , ..- •.
<br /> 8.MatRa�.��qv�'aihce.lg'L'e�lder requiced mong�ge insurance av a�odition of��s�'cin8 the loan secured by this Securiry .
<br /> Instrument. Hormv�r�.r.�ll pay the premiums requiraai to maintain the rfnor:�8,�e i�.uit�e in effece. If, fa nny ceason� the � �
<br /> caortgage insuranc��iverage required by Lender la{�s or ceasas t�be In dtPect.Bonn+roWer shall pRy the premiums roquirod to
<br /> obtaim coverage subsixndally eqia3valent ro the mortgage inr;u�nce previously in eiP�ca.ai�a oost sulxtanrially equivaleat to the
<br /> 0o�'4�n �orrOwer of the mortg,ag$insurance previasl y in .rc�'ac�t,from un altc�t�lcu��rtgage insurer approved by Lender. lf
<br /> substdn;i�lly equi�•alent mortgage insurnnce rnverage is not[p��=,iiablc.T3nrrcaW¢s s3�alq'�Y•to Lencler each month s sum equel to
<br /> onc-t�rclRh of tlw�rea�i.y mortgage insurance��nmium b�insz paid by Barr,cr�s�a�•q+hen the insurenoe c�o'n►¢nge lapsal or aa.sal to
<br /> be in�fFixt.Ixnclrr,�,r.;F!accept.u5e and iCtain 'L"ceSC�yAleilt5 8s a tOSS I�wsc��in lieu of manga� n;tiwranoe• Loss raerve, •
<br />— � Farno 3028 91l0 .
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