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<br /> S, k4r�rd w' Propn'ty lnrurnnce. �orrowcr nhall kccp the ImpravemeruK �w calxting or her�fte����i7t�e
<br /> ProjxA�� insural a�ainst �axR�y iire, hazard� inclu�k.�l wlit�li�tha tcrm "cxtcndccl savcrabo" ami sny other heznrds, in:l�1!+,�
<br /> tlaxls n��lnvciing. for which Ixndt�rcquirea iiuurmce.Thf�Insun�nce+hall he maieetainai in thc amoun�r aMi ior ina peri�.i.
<br /> that l.endcr requl�s. The insuryncc carrier providin4 tho inaurwnce ahu11 be cho�en hy Ci�rrowcr nubject ta I.c►Kler's appmvxl
<br /> which eball not he unrcaxon�bly withheld. IP Borrower f�ila to mxinixfn covoraYe deurilxd atx�ve. Lendtr nw►y. at L.etxkt'a
<br /> option,obtxin cuvers�e to�ratoct I.encier'�rlQhte in the Property in rccc�nlance with parr�r�h?.
<br /> All irnwrmce p�Ncie�uxf renewal� �hall be �ccepl�ble to l.ender kacl stwll include �Atr�ircl mort���c ciwro. l.etder
<br /> xiya�il{wve ll�e ii�ht ta IwW tlk p�licica:uu!reru.�tats,lf l.encier requtres.Dottowrr Yhr+l!pry�mMly give to Y,eiscler ell roceiptA af
<br /> pxid promium��nd rcnnwd notioe�.!n the event of lo.ws.B�rn>wer Wu�ll�ive prampt �xxiro ta the insunurce c�rrier�nd�.ender.
<br /> Let�d�r nwy m�ke proc�f of laas if nat m�do pmmpt�y by Barrower.
<br /> Unless I.emfeer NrnlBarmwer atherwi�e�reo In wdting,insurxnco pmceods rhull bo appfiod to rGStoretian or reprir of tho
<br /> property dan�god.if tho rcstor�don or rep�ir is ocnnomlc�lly fe�sible�nd l.ender's socudty is not lessenod.If the rrstonlion ar
<br /> re�tir ie oat oconomicaUy feuible or I.cnder's aocuriry would be less000d.the insurana pra.�eeds shall be appliod ta the sums
<br /> soi,�ured by thia Secudty Insirunxnt, whethar or nat then due, wlth sny excess�id to Rntmwer. If Rc�rrower�baiwlon�the
<br /> Prca�perty. ar does not�nswer within 30 dRys a noticc fmm I.ender th�t tho insun�nco rarrier h�s offerod ta settle;cldm, thert
<br /> i,crder may eolloct tho insur�nce procoals. Lender may uso the proceods to rep�iir or restoro tho Property or to pny sums
<br /> serured by this Socudty InsU�ument.whether or not then duo.The 30•d�y period will begin when tha nodcc ls given.
<br /> Untess Lender en�3 i3ucmw�r. othenvise agra in writing. any ppplicxtian af proceedc to principal shall not extend or
<br /> pu.stpone the due dote of tlt�mnndaly payments refemed ta in p�ragnphs ! and 2 ar ch��g�tho amount of the payment�. If
<br /> ut�kr px�taph 21,r1x�operty is�i.nxi by l.erder.Borrower's�right ta�ny insurdnoe policiac w�d proceods nsulting frnm
<br /> �5r�w�ge to M�o Proacly prior to th�e�i.aition shall p�ss to Lendtr,t;o t]�e extent uP the sua�s secuced by this Secu'rity Instrument
<br /> inalAtodiuely prior ro the acquiisitbn.
<br /> �'` 6.Oceup�ucy,Pre�xrv�,tion,M�[atenance and Pxate�ion ot t1�e Ptro�'t�C:iRorrower's Loan Appllc�tloni La�el�old�.
<br /> Borrower alutl oocapy.estsblish,ud use the Property�s Bo�rower's principa!resodence wlthin eixty days aftcr the executfon of
<br /> thi��e..�aiiy I�►iiauuicni wKi�iwlt�vnlinuC lu uc:cvpy iii�Ftopei�t,y as�orower's princlp:.l r:.:.°,��^r�,tnr at Ie:.st oaa ye�r etMr
<br /> the date of occupar�cy.unless Lender othenvise agras in writin�,which oonsent shali not be �inrca�onwbly whhheld,ar w�ias
<br /> extenueting circumuaroes exiu wbich are beyond Bomower's ow►trol. Borrnwer slWl not dcs�roy, danugo or imp+ur tb�e
<br /> �roperty, �Ilow the Propert;+ to detedorate. or oortunir wsste on thc Pro�sercv. Borrower ehall be in defaule if aqy forfei�ture
<br /> • � action or pr0000ding,w�r civil or crimin�l, is begun that in I.erder's good fdth judgment could result in forfeiture of the
<br /> pc�operty or othenvise macerially impeir the Ifen cnNad by this Sa.�urity Inst�ument or l�rder's savriry iateeest. Horrow�er�naY
<br /> cu�+e such�a&f�ult�nd ninstate,�provided in pangrnph 18,by causing the actinn or procaeding to be dismisaad with a zulin6
<br /> t!►�t. In «ncers goo� iaith deternunaiiou, p�ocitxicx furfciivic�.`u�yo�rawcr's dnttrr.t iss!he Pscge:t; M �xt!�i_._�'^;�!
<br /> impiim�ent of the lien crated by this Security instfumant or I.rnciePs security intercct. Horrower ehall dso 6e in defa��la;B
<br /> . Horrower.during the loan applicatjon proccss.Save mr�teri�ity f�tsc or In�ccur�te infom�atlon ur statema�ts ta�(or , s!l,4d
<br /> to provide Lend�r wiW�ny material ini�tion)in eo�ection wial►the lwn evidenced by the Note,including.but aot li�uic.'c�� .
<br /> . to. representAtiona�ro►werning Bormwex's.nccupancy of�;.P�:�y-�:,��ls a,principa!residence. If this Sccurity Instn!.�eat��S?!i`•.:� ,
<br /> leasehold. Ha�r�axnr�t shall comply with a11 ahe provisions of tha.'_l�iise: if Borrower�oquirrs fa tide to �bie i'ropaty;?I9D�'
<br /> lea�eiroid ord t(�fa titic Sha1A nat mergo Nn�g�,v I.e�der.ag�s to t1i��•ittisrger in w�iting.
<br /> 7.Protatbn ot�de�3 Rf�fa In the�P�k�ty.X�'�3onawer fiils to pedocm tho covenents and�groec�,ta contalned in '
<br /> this Security iastrument,dr t�ne is R leg�d��cii��eQipF,t�a��'nuy si�niticandy�ect I.ender's rights ta the 1'1��pc�lY (such�a•
<br /> proceoding in bankiuptcy,probnte.for cc►nd�mnu�ibn ot fodeitnre ot.ta cnfaroe laws or ngulntione).theri I.�ler may do ard
<br /> p�y for�vh�tever is nooe,csary„to protoot,the:v�1ue of the Prop��ty �nd l.ende*'s cights in the Propqny. E�end�r's action�may
<br /> include p�yin� u►y s�iins�.st�t�rpd by a'Heri rvhich hu priority over this Sa,wity Ins�tnitnc�it,��}Speuipg' in oou�t. p�Yin�
<br /> ��able attomeys'fees unc3 fdcedog on che Property co make rop.irs.Aithough Lender may�'�k�'-Action w�dcr this pasa�n�ph
<br /> 7. I.a�dar dcio!'nqt have w do so. .: '`��'"'
<br /> � .My at�ii�ri�t� disbursod by L.endoY:iind�x'this pxragraph 7 shAll bxome addidonal d�bt.o`f;:�orrower searod by t6is
<br /> Sawrity'Inrti+i�ncnt.Unless Bomower�d.�ider�gra to other terms,af payment, these unoanCS:sY�ll bar intaest from���(►e,
<br /> dau of diedktFZm�uut at the Note nue ah�l.slull be psyable. with iat�rost. upon notix from.;�;en�3Gr to Homoaer ra�ating•_ rt.. �T,:
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<br /> a,Me�{p�Leprance.If Lender roquired c►x��t3l�ge insuruxe as a oondition of making the ioan st��e3::'l�r.this Securif�
<br /> Insteumocit.;�qjrower slWl pay the prcmiut+�as requit�d�w m�intaia tbe murtga�e inwrs�nee in effect. If, fo�'�rury re�oo.;�tQp
<br /> matgag�iTl,�pran�e oo�erage required bX I.ender I�pses or oases to•ife in�effect.8orrowa s�Wl pay the praniums requlncl'ta-
<br /> ,;,�.�,�t�in oov�it�e�substanti�llY.equivalent to tht mortg�gC insuranoe previously in el�'ect�at a cast subc¢uiti�lly e,quivala�t cc+�t�hq'
<br /> �: �:¢et to.Boriower af the mcirtg�ge inaunuke prcviou�lv�n et�ect. ftom an dfemate mortgngc ic�wrer approvod by Ira�kar.;'�f
<br /> �� siibstantWly equivalent mortg�ge insuranoe oover�g�'�ti not avaiiable.Bomower shall p�y to I,ender a�ch month�oum equal to
<br /> oneawr#��hf tlew yeariy mortgagc insuranoe promium being p�id by Borrower when the insurtc�e covaage t�ed a oeaeed w
<br /> be in'ct�ect<�lirrnder will acoept.use�,Trtein ttx�e peymen�s qs,a:loss reserve in lieu of mortgage inwranoe. Loas re�ei�e
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