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P' i ' r�+" <br /> . 'YI <br /> , <br /> . . ., ' _ _ ._.. --- <br /> �.. '_'�..v.�..'_'e.+�.:�`�'i'E59[Rlidl�2lhII�Ta' _ i _ —_ ■� ..va�.�..-. -__'_. .__ -__—_. <br /> �5-- �0�0�1 <br /> S,H�wd oe Fropertr Inwu�ce. Botrower stall kecp the improvemenu aow existin�or Ikrc er erected oa tbe Pmpertyr <br /> insured a�inst to�t by flre.haxuds iraluded wlthia ihe certn "eutte�uded coveca�e' aad anY ottur haurds, includin� Aood� ar <br /> 1loO�iin�.iar wiu�n f,.ciaiei icy�iiir.i�AtRi�.�":.'.��t!�un�e s1u11 he^��I r�: d iti the�uilOtutis ti►d fOf th0�edOd!Ibilt LOTlder — <br /> requira.The insuratice carticr providin�tbe irssurance shall be chossa by Botrower subjeat co Lender's approval which sbiU not <br /> be wrceasonably withheld. If�orrov►zr fiils �o m�int�la covet��e described above. Lender rtu�y, at [.ender'� aptlon. obtain <br /> cover�e ro ptotect Lender's dphu in the Rtoperry In accordmce wlth pua�pd 7. <br /> AU IHUr,u�ce poltcia�wd�newals stull be xcepWble ro I.eader and shaU include a suadard awtt`a�e clause. L.endo�thall <br /> hxve�1be �iQht to hold the polloie��d reaew�ls. If Lender requites. Bortower sh�ll p�ompdy give to Lender all receipts ot peLd -- <br /> Pre�u�m uW rGnewai uud�H. In the eveac of loss,BoROwet sknll�ive ptompt aodce to the Insur�txe tusier amd i.etxier.Lca�ier <br /> may mike ptoot ot loss�f na rt�ade prompdy by Borrower. <br /> Unlese Leader ud Borrower o�herwise a=ree in wd�,iasuraace procmis sdall be �ppGed ro asconcl�on or rep�ir of tbe <br /> properry dua�Zed.if cho reswradon ar repair is economicallY fwible aad Lerxier'e securiry is not leueaed. If�he rawtuioa or <br /> cepair is not economicaAy fasibk or Leader's secu:iry would be kssened• tl�e insuraace pruceeds stuU be appUed to tde swm <br /> secnnd by this Sccuriry Imaumen[. whetlxr or r►sc �n due. with any excaa paid co Borrawer. ll Bonower abu�dons tLe <br /> Propecry,oc daa not�nwer witAia 30 daYs a aodce from Lender ihat the Iatwance carrier has oftered to settle a claim.dien <br /> l.ender nuy coUece t6e insuruice prooeeds. l.ender a�ay tise tbe procecds co repair or nstore the Ptoperty or m p�y sums aecural <br /> Ly c�is Secvriry Wstrum�eac. whether or not chen due.TLe 30day period wiU begia when the aodce is givea. <br /> Unkss l,erxfer�ad Borrower otherwise a;ree ia wridn�.�nY�PD�oa of proceed�to principai shall not exteM or pastpoc�e <br /> th� due dae of tAe mon�hlY p�ymeacs teferred w in para=raphs 1 oad 2 or cda�e[hte amounc of�be paYmeau.U uc►der Pu�� <br /> 2I ebe Pcoperry is acquired by Lender. Borrower's riyht ta aay iaturance policies and proceeds rauldn�tinm du�io w tbe <br /> Ptoyetry pdor ta the acquisidvn�hall pass to Lendzx ta the exunc of the sums secu;red by this Securiry [nsuva�enc immedi�celY <br /> pdor w the acqulsidon. ��� <br /> 6.Oeeup�ncy,Pcaerv�tlon�Haiatens�nee snd Proteetton ot the�ropercy: Borrower'� �.oan APP�+ <br /> Borrower shall occupy,awbifsl�.u�d use tbe Properry u Boaower'e princtpal residence within sf�ry d�ys ifter rhe execudon af <br /> c�ts 5ecurlry insaument u�d slsall cvacine►c w occupy tl►e F.uper►y as Eorcowtz's pritseipzl r:sid�tue for ae 2rsse ont yeps a.f�er Yhe <br /> 'dau of ocerapancy. aalexs Lender otLerwise a�reea in wridn�. which consecu shall aoc be unreasoatbly wic�hheld. or wok�t <br /> . exuru�iin4 circuAUtances cxlst which are beyond Bonrower'i control.Borrower sbaU mc destroy.dam�Qe or ictipiir the Propecty. . . <br /> aUow t�e properry w deceriorate, or commit wute on the Property. Borrower shall be in dtfault U aay forfeiaue action or <br /> pcoceedipa• wbetlser eivil or erin3nal.is begun�hac in I.endePs good faith jud�Cnent could result in forfeinue of the Pcopeny or <br /> o�henvix maurl�;ly tmpair die flen created by this Securicy Iatuutt�tu or L.endsr's sxuriry inurese.Borrowet a�ay cue�such x <br /> . �. def�ult aud �insrau. a+ pmvidcd in pua�raph 18, bY c.ausin��At acdoa or proceedtn� co be dismisc�d w�tb a nilitqt th�t. in <br /> l.�ader's�ood futh deurcainuion.Picciudcs fiiffci�iue v:t�yarra:::.r':iater�:ia she Pn3ger�or M!+�r marerial tebpairmaoe o[ <br /> � Ikn creued bY chis Sectuf�Y Iroaument or Lender's saeuritY intereit.Eormwer shall also bC.ia defwlt if Borrower.ducia��e <br /> loan�rplication process,�ave ant�ti�lip fialse or in�ecurate iaformat�oq or statements w Lesxler (or failed to pcavide I.eMer with <br /> zny macerial informuioa) ia comecriou wi�h che loan evidenced by che Nae� ia�hidiag,�bue not Uwiud to. represeauuioo� <br /> concern�o�Bocroaa's oceupancy of�he'Pr�ciry ss:principa!raidtewe.If chis�Sacur[ry T�scrumrnc is on a lasehoW.Horto�►a , _ <br /> ipaJl campiy witl�ap tbe provisioas of�h�e lease.If�orrower acquires fa dde tt�the�topecry.che leasetwld atid the fa tide shall � <br /> mc mcsje imitss l�eader ap,ms oo d+�m�r�er ia wniW�• <br /> 7.11roteetia�a(I.end�a's Ri�bts ia t6e Pro�rtr- It'Borrower:fiils to perform�he soveaaaa and a�reem�s coot�iAet!�in <br /> dris SeauitY I�aumert. oc chere is a kpl pcoceedm� t�t auY sitnificaaclY affect Lsader's ri�hts in t}ie Fropecty (wth as a <br /> . p�oc�in b�upp�y� ptobax.for condam�dan or forteiwre or oo eafoccc Taws or re�ulatioat).drcn Leader aaY do�ad WY <br /> � for wha�erer i�axassrY w psoxct ttx v�lue of d�e Pa�perry aad Leader's d�hts ia the Property. Leader':acaoat m�,y iaclnde <br /> WY� �9 sumt saured bY a liea �hich has pciociry rner d�is Securiry imtcvia�aK. sppearinj ia co+ut. WYin{ � <br /> utotneyt'fas u�d eaoettag on d�e FT.op��►Y w twk�e tepalts. Aldwu�h Leuder m�y ake xdon under t2w par�ph 7.L�det <br /> doesnotlnve w do w. .. , <br /> . A�r u�wu�s di:bursed by Lea¢9r uader this para�raph 7 stnll become additional debc or Borrowa seasred by d�is Secv�i�Y <br /> � ,l�uiuneac. Udess Borr�v�t �►d.:1..�nder atta w od�er urass of paymeac. tbett amouius st�aU bear interrat �row che due of . <br /> disbursanent,ac�e Note rua a�a�d 3b�11 ba payable.with icuerest.upon ootice from i.ender to Borsower«quosttn6 WY�a,. � . <br /> t. rtarigs�e Inaurince. If i:.eqd'sr required u�ortp�e iaturaace as a oondition of m�idn� ibe lom ta�cured�by d�di��ry <br /> Iirsmutx�.`'8orrow=r sd�U pay tbe p�emiums required to m�iaeain tbe mocc�aie imuraoce in etfac. It,,�ar:aQy.��.,�.d�e <br /> mo�a,qe iusw�ace covera�e requiced bY L.erder�aPaes ar ceases co t�e in efGect. Borcower a�ll pzy tbe pr�mt�m�rquit�l w <br /> obnia covera�e auhsronti�lly equtvaleac w�be marc�►.ge i�surance previously in efCecc. u a sosc iubwaatlaUY equiv�leac oo tbe <br /> cosc w 8orro�ver of tbe moc[g�a iasurance pnviauly in effec� from aa �ltuoue mort=ue insurer appmved by irasder- U <br /> subtuxlaUy cquivalea�mon�e Wsuru�ce covera�e a na availa6k. Borrower shall paY w I.rsder e�ch mornh a sum a�ual to <br /> oae•tMelfrh of tbe yearly n»�e iaturance pnmium beinj p=id by Borcower w6ea dre�aouora�oee covesaie lapsed or caxd�o <br /> be la etfect. Lecder wil! xcept, use �nd cetain these paYments u a loss reserve in lieu of mortgue iq�ur�ace. 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