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<br /> �r •S�H�tard ar Aroparty Inauranco. I3orrawor Ah�11 It�e tho�mprovnmentn n�w axietin er�ter e—"��aTuuc�oa� �
<br /> the.Pr�porty i�uaured��atnet loan by t�ro,h�e�rd��nuh�drd wlthin tho tarm "n�tcndr�i covorage+" end eny nthar hrr.�rdn,
<br /> :....�.a:.,.,fl�.�.riw n►�Irt.,.�in�, fn�wh�t�h 1.�ndr.r ���ui�av(ne�unncd.'t'hin i��.4ur�nce sh�U ho mdntatncd irt tho�maunte
<br /> �.............
<br /> � �nd for the periods th�t I.encier requiree. 'i'hd inatir�ncn c�►rrlar prnvidin� tho innur�nco eh+�ll ho chci.grn hy llnrr��wer
<br /> subjact to I.ande�'e�pprov�l which nh�ll nwt�e unrear«m�hl�� withhold.It r�rrc�wor f�ils tc�m�i�ntrin cnvor��e dc,�:rlV�c!
<br /> abavo, I.ender m�y, �t i.onde�'n npti�n,otst�in cnver��e ta pmtect I.nndor's riQhte in the I'roperty in ecc�rd�nce �vith
<br /> p�ra�raph y.
<br /> All inAUr+�nce palioiea�nd renowale ehdl bn�ccept�hla to I�nder and el�+�ll invl��in � stenderd mort�rgo u1s«ca•
<br /> Lender shall heve the ri�ht to hnlcl the�liaie.q end ronnHels. If I.nndnr rcyuires, liorrawar ehxl) pramptly give t�
<br /> l.onder dl receipu�afp�►id premiume and renowal n�ticea,In thc cvnnt at I�a9,liorrowor ahall rivo pr�mpt notico ta�1�C
<br /> inAUrance carrlor and I.emder. Londer m�y rn�ko proaf of lasc+lt nat m�de pramptly by Aormwer.
<br /> Unless I,endrr�nd Horrowor othorwi���ree in wrltin�,ineurmce Aroceedq ahell l�e applied ta ra9torntion ar rep�ir
<br /> ot the Property d�maged,it the restorat(on or r�pair is econ�mically feasiblo and l.ender's seaurity iA not Ic�ned.Iithe
<br /> r�toratIaa ar repiir ie not economically teaslble or I.ender's seourity would be leasenrd,tho ineurance proceedA ahsll be
<br /> npplied to the sums eaeured by thie Seourlty Inatrument,whether or nat then diie,with sc►y exc�ss pa�d ta Borrower.I!
<br /> Bonower sbendona tho Property,or d.�es nat snewor wtthin 30 deye a notice irom I,ender that the Insurnnce carriar has
<br /> of�ered tc�settlo a cl�irt,then Leader mRy collcot the tnsunnce proceede.L.ender m�y use the prceeeda tc� ropxer Qr.
<br /> resRoro tho Pr,opert�or to p�y aums securod by�hisSeourity Inatrumont,whether ar not then due.The 3Q'd�y pericad wiIll;
<br /> bagin v�nc�n the not�oe�S�iv�n.
<br /> Unless Len�d�r andl�orrower otherwi�m�g.ree en wtiting,eny applicati�n af,proceeds w prinaipal shall not ext��tdar
<br /> postpono the due da�te o4 the monthly pay�xneats rc4errcd to in paragrephs 1 and 2 or change the amaunt of the payments.
<br /> If under puagraph 21 t�e Property ns�cquired by I,ender. Borrower's sigCnt tv�any irnsurance poli�ies �nd procexds
<br /> tzsvltir+�from dama�^E�tlie Properxy pria�r tcn ttee acquiaition shsll pnss ta Lertder t�tha oxt.ant of the sums secured by
<br /> this Security Instrumcnt immedistely prior to the�cquisiuon.
<br /> 6.Occnpancy,Preservation,M�intenaaco aad Protection at the Praperty:.8artower'a Loan Application;
<br /> L�seholds.Bonower abal occupy,esublish,and use the Property es Bortower's pnnc�pnl resid�nce within sixcy diys
<br /> itter the eYecution of thie Security Instraament tnd s�ll continue to occupy the Pra�erty ss Borrowor's principal
<br /> tesidenco for at least one year�iter the d�te ot occupanoy,untess Y.eader otherwise�goa��n writing,wluah con9cnt s}►aali
<br /> not be unreisonably�Itliheld,or unle,�exteauating cirenmstances exist which ue beyond Bonower's control.Sorrower
<br /> shall aot destroy,damege or impair the Proporty,allow she Property to deteriarate,or coaimit weate on the Property.
<br /> Borrowet shal be in dGftult if any forfeitute aetion or proceodinQ,whether civil or criminal,is be�ua th�t in Lender's
<br /> Yood faith jud�meat could result Ia#odeiture of the Properry or otherwiea materinlly impsir the lien creatad by this
<br /> Secudty Instcumeat or I.�nder's securlty iat�rest. Borrower may cure auch a detault and reinstate, �s provided in
<br /> pus�raph 18, by causin� the �qu��nr,a or proceedin8 to be dis��issed with a rulina thst, in Lender's good idth
<br /> �etsrmin3iiQ�,pt1eclu�!!Y+Torfeitur�f,r,'t�o Borrawer's inurest in the Property or other nr�aterld imp�irmeat oT the li�n
<br /> � croated by thie Seourit�Instrumaut ar I.en<k�r°s s�curity intenst.Borrower ahtll also be Ja deiauit ix�orrowu,durin�
<br /> �' tbe loan application gaQQxeas, �ave aiateri�ll�� Ytalee or iAaccurato iafoxXm:a�Rian ar statemente tq Lemdai (o!fuled to
<br /> �eas ��'
<br /> provlde Lender Rtth iny macend inionnation)�n connootion wlth the l�a�rn �videuced by the Nota�,,n�u�udit�,but not . ,
<br /> rn
<br /> . �'1�mited rt�,repreeentatione conc�raing Bortower's occuptacy Af the pmpetty es t principal resIdenco:If tl�is 9�����r�1a:...:�;. ,
<br /> IastrutaonY ie oa a le�sehold.Borro�vcx nhall comply with a16 tt�z pcovieioas of the lease.It Borrower�cquires�eo.�ciaie�t�
<br /> � � the Property,the lasehold and the Ce�e tiilc sh+11 not mer�e unlaes I.ender a�to tho mer�er in wti�t,ix�. � , .
<br /> 7. Protectioa oi Lender s Rlxi�t��iQ��e�h'tope+rty. If Borrowet faila to pertotm the covemnn�s�u�d a�teementa
<br /> �, �oont�inod in thia Security Instrnment,ax i:her�e;s i le�al Proceedtr�that msy si�nific�atly affeat Lr�u►der'e ri�hta ia the
<br /> Property (such �s a proceedin� in b�t�3mrPtcy� Prab�te. for coademnation or tot[eitute or to aatotce lawa or
<br /> regutatioas),then Londer may do and pay tor w�tever ie naca9earY to proteot the value of the Pmperty md Lender'e
<br /> r�ghte in the PropertY. I.ender's actiune nney inuluda piying any aums sxured by a lie:n wluch h�s priority ovor thie
<br /> : Security'Instrument,�gparin�in court,payln,g seasonable attorneys'fees and eaterin�ou the Property to mnko rep�Irs.
<br /> � Aat�o��I.�eader rrqe�l n ako�etiaa uader tliia p�rngraph 7,Lender doea not havo to do eo.
<br /> ' . .Any aa�lounts dia�aused by Lender uader thia paragKph 7 shdl becc�me additional debt of Bort'ower axured by this •
<br /> ' •8t�vi��y I�nyttumcat,tiTnlesR BorrpRer md Lender agra to other terms of paymeat.th�se amouats eh�►ll beu interest
<br /> from'ti�e ilate oi disbursement a�tfie Note r+te and shsll bo�ynble,with int�rest.upon natice from Leader to$arrawer
<br /> �• �1�uWt PiYment.
<br /> � 8.Mortp=e Insar�nce.It Lender required mort�ge insuraace�s a condition of m�ken�thz lonn eooured by this
<br /> Sc�curity Inatrumeat,Borro�ver shall psy thapremiums requind to maiatain the mort�a�e insutsnce in efiect.It,fortny
<br /> reaeoa,the mortYa�e insutancc cd�criee requirod by Leader Lapeea or ceaxs to bo ia etfeat, Borrower ehall pay tho
<br /> premiume required to obtain c�rv�rage aul�ati�lly equlvelcnt to the mort�age insvr�r,ce�reviouely in etfect,at u cost
<br /> ' subetaatiatly equivdent to tAa cost to Borrowet of the mortgage Insurauce prei�"s,aus�y ip efteot. ftam sn attemate
<br /> mortgage iasurer approved by��der. It subst�atidly equivalertt xm.c�rtgage tnsurance coverage is not avAileble,
<br /> Borrower ghall ps�to'I.en�der each month a sum equal to one-3�aidt?i��af,t��¢yearly mort��e iqaurunct prer�nium beln�
<br /> � paid bp Borrower crhen tt�e inautance wven�e l�psed or oea.sea to bc eq.�i��ect.Leada�vill�ccept��se and �eteiu theee
<br /> payanen4a ss � lcxx� rrsa+�a asa .liou ot mortga�o aa�ua�c�c. Losa reserve p�ymoats may ao ianger be rac�oired,
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