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<br /> 98— sc��e
<br /> S. Hu�rd pr Prape�iy inwrNUre. tk�v�ow'cr shall krep the impmvemcnts now cxisting ar hercaRcr ercrtc� on thc _
<br /> Pm�rty Insured aQatnst kr:try fla, h:�ca�. ir�:a��:rltt::::t!:a!sr:::"_r.:::�.lM±c�•,���e•��p„y��tu�r t►w�Tds. includinQ
<br /> Iiax1�or Oarding,f�►r which l.endeE�rcritfrtv i�uurAnce. 'fhi�insun►nca shall be n�int�inext In the amounts a��i fur the pedods
<br /> tha! L,rnder reyuirc�. 'i't�e inwrnnce c��rier pruvidin�tht insumrxo xh�ll he ctwsen by Barrower subject ta I.endcr's�pprovAl
<br /> which r�il rxw he unrrxwn+�bly withhrld. If Bnm+wer fwll« 10 nu�int�in coverrge dc�ribcd ubovc. I.ernier muy, at Ixncfer'R
<br /> option,ol�uln mven�r•to pnxat I.ernkr's ri�htx in Ihe E'roperty in�urdrnce with{wagraph 7.
<br /> A!1 i�+u�xnce pnliciea a�xl rcnewalx Flwll be uecc{�eble ta l,xnder rnc�ahafl include a stAnderd mongage claur;e. I.enckr
<br /> rhsll have thc-�Ighl to hold the polfeien�n�i ronewal�.!t I.enctet m�uircs,li�rrower shall promptly give to LenJer rll ret�eip�s uf
<br /> p�id prcrnlum!���xi renew�i iwtires. In thc event of laa. &�m�x�er ahxll give pmmpt notice to the losur�nce cpmer u�d l.endes.
<br /> l,e�irr rtuy nuke pnx�f of luss if n�t made pmmptly hy Aorcower.
<br /> Unle.w l.encier and&irmwer Mherwice x�roo in writing.insuram.�e pnxYedc shx��bc uPP�ied ta restoratian or rep�ir of tho
<br /> ptc►�erty d�rtu�gat.if tt�o restaration ar repwir i�ernn�mically h�sible and l.endor'e sc�:urity is nat lessenod.lf the cestontion nr
<br /> rc�ir i. na economically fc�xible ar I.endor'R secu��lty wnuld bc la�senal. the insurance proc,�eod�sh�ll be applied to the�umA
<br /> r,ocurocl by thiti Security lnsirument, whcti►er or�wt then duo, with any eaccsa p�id to Bocxr�wer. if Hurn�wer rbui�dons tha
<br /> Pmpcny,ar doe.o nnt answer within 3l1 d�ys a ratic�from l.�ender that tho in.wr�nce carricr(tns�ffered to setUe a ciaim.thcn
<br /> I.cado� m�y collect tt�c insunncc proceods. l.ender may asre tho procccds�o n:pafr. or r.csr.csr.a rJt,� Prc�er:►y or ta pay sums
<br /> securod by thia Sexudry lnstrunKnt.whether or not then due. Tho 30�day perio�w+ill:Fyegf.iT v�A�ett the r.►ptnce is qiven. -
<br /> Unless Lender and liorrower othenvise agroe in wdting, nny appl.i�icnr.oG�tr.oceeds rn prircipW shall not �xden�d vr
<br /> pastpone if� due date af the monthly p�ymerna rcferrod to in�►uagn�phs� E a�nd 2 crr cBa�age tAe amount of the payr.p�enta. IE
<br /> �►r�v�r,a�h 2l the Ptnperty is�cqui�eci hy Lender. Boreuw�a"s�i.gR¢Ro�r� ir�suca�rnc.�polic�s and pmcaeds raultim�f�
<br /> d�x�ge w tMo Fr.vpeRX pri,or to the acquisition sh�il p�ss to l.eneter tcr r1►e axtccr�of the sums soc�►ra1 by this Security Intt�vtrxnt
<br /> umpaediately pricrr to ol�e aicquisitian.
<br /> 6.ao►n�cX.P�se�nalion.A'I�Inteaaace and Prutectl�►n o[the ihrvpatlr:SorrowYr's Lo�n Appltcatian;La►sebokb.
<br /> Borrowe-�s�'tial{accupy.c:,t:btEsl�.�.n�t usc t�u:II'mp:.:ty:.s Elc:tawer's p�incipsl reslcltace�eth��sixty d�yc Aft�r the exxution of .
<br /> this Sccurity Insuumenc ar.nd sh��l aa�aticwee ta oa.�upy the PropectY as Borrower's principal resxknce for at least one}�r�fter
<br /> the date of occup�ncy.unk�sa 1-�nckr othen�'ise agoees in writing.which conseM shall not be unrei�onably withheld,or unless
<br /> eatenusting circumscanocs o�ist which arc beyawi Borrower's oontroi. Borro«•er sh�ll not destn�y. dw�r�sge or imQkir the
<br /> p�p�ty���aw th�p�uperty t�detedorate. or commit waste on the Ptnpercl►- Borrower shall be in defialt if�ny fafeiture
<br /> action or pcoceeding, whether cevil ar crimin�l,is begu�thst in Lender's good futh judgment aon(d result in fodeitut+e of the
<br /> propercy or otherwise meeeridly imp�ir the tien crcat�ed by thia Security Instn�ment or Ler�du�'s secarity intecest.Horrower�nty
<br /> ��y�;�:..�r�f��s��xt�r�nctate:u provided in QaraRraph 18.by c�using the action or pro�roeding to be dlsmissed with a nalin�
<br /> rkwt. in I.er�der's good fxith deternunation. procludcs �'orfeiture of the Hotrower's inte�+est in the Prop�ty or Ml�er twter►�i
<br /> , i�i�ment of thc lien ca�a�tod by this Saurlty Inurunxnt or LecKkr's s�xuricp inte�est. Borrower absll also be in def�ult if
<br /> •�1Borrowet,���ing�he I�n applirntion�rr.�necss.8�ve materiaUy False or in�aocurnte info�mation or stacements to Lender(or fi�ild�
<br /> to provich!L�nrJtr with uiy matedn4 e�:a�:.�:n�arion)in wnnoction wIth the Iwin eviden�ad ay tFc�Nota,inctuding.but nac IinTi:ikd
<br /> to,repr�sen�t�dons concerning Bonrowec's aacupancy of the Property as a principaJ aesidena. L�t�+is Socurity instrumeat is rc�a
<br /> IaGSd�o1d,Borrowcr sh+u rompiy with al! the provisione of the lease. If HoRra�wer aoquirrs �fee title tn the Property. the
<br /> leasehold�nd the fce tide sh�ll�wt merg�unless Lender agrees to the merger in v+iiving. :
<br /> 7.Prote�tlon ot IRnde+�'s Ri�bls in t6e lmpaty.If Bomower filis to pertorm the covemnts snd�;r,xca�epus ca�t�deed in
<br /> thia Secuticy Insttutnent, or there is a Iegd proceeding tlut may significandy aHoet l,ender's rights in the f�ropaty(we'b;aa a
<br /> prooeodirg in banknipccy.proba�e, for condemnstion�r forfeiture or to enforoe laws or nguladar�s).then[,encler may dy:�ud
<br /> pRY for whauver is rteoessary to protect the vdue of the P�+nperty ard[-encler's rights in the PnopeRy. Lender'a acdnns atiy
<br /> .�,inclucla p�ying any sums aavred by • lien wbich hac priority over this Sacuriry Instcument. appearin8 in oourt. PrY�nB
<br /> :' :rp�sonable attorneys' fas and ente.ring on the E'ropetty to make repdrs.A1U►ough��.,ender may Wce action w�der thjs pan�raph '.�
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<br /> �, .7,;�l,�kr•dt��not hsve to do so. • . ;�
<br /> �� �+'' A{�,:�rmawds disburstd by,II.�c►rlsr under this pangmph �:4�ia1� bixoma.�cidtdunal•d'�a�: rf Borrowu securai.l���t�is
<br /> �;�.•,'��c:urlty Ir��7ilit�ent.�.[�u�d�.S:Borrowe'r and Len�ler�to dher.tw�t�a•O�p�yt�r.�rit;,these unounts shall�tr��.'�1`�e�z the
<br /> '� •date of disbursome�tt_+�aa:'ihe;Note tate and stwll be pay�ble,with�idUoi�,'N�pnn uotice from Lender to ��z�r�lv�r rbyu�ting
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<br /> �Y S.M�ge Ins�il�e•If Lender required mortgage insuran�as s►�b,iet`tltion of mating tbe loon sxunai by�Saam'ity
<br /> Iaurumeri�� �wer st+ell P+y the premiums royuired to maintaire the ttinr,�rge insuranoe in ePfect. If. for any rc�wcrn,:i4�e
<br /> mortgageYrr�trar�ce oox4c�(ge requiral by Lender ispses or aASes to be in e�Yt�:ci;Bocmwer sl�ell pay the prerniums reqir�i+ai to
<br /> .obtain coverige substae�:ii;iSly oquivalent w the mortgage Insurance previoua:y,d�n eEffect. at�cost substantially.oquivdent to the
<br /> .. .'cost to Horrower of th�'tiai�rtg�ge insurance pt�evious{y in effec�,from �a�qe-r,iate mortgage ir�wnr appi4�,v.�yd by i.ender. If
<br /> substarxi�6y pquiv�lcnt mort�age ittsucan�e eoverage is not avail�b�e.��wer sk►all pay to Lender exh ma�th a sum equat w
<br /> one-twel�hn.r;�,She yearly mortgage insuranoe prcmium being pai�,•Ib.�;'t9o,:a+ewer when the i�uaance covenige lapsed or •� !o
<br /> . be in�ficc�c�nclec wi�l aca1K.usc and rctain these paymenta as'a:�as�+r.i�t�ve,in. tiw of mo�tgage inwrence. Loss reserve
<br /> • . , .,`�. . i�:` Fonn 302� �1�0
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