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<br /> ^ '�\ � �.`'. S. Nazard or Property insutaace. Botcower sheii xap the;improvements aoa existing c�r hercaftar erected on ` - .
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<br /> � the Pruperty insured aga�nst loss by�re,harards.included,�itht�t�fe term'ea�tended co�•eraga and an��utlinr ha�ards� �'�`;;�"�
<br /> " � incl ndin Pioods or f400din ,far�rhich Lersder uites insutt�t�s:.'��t�is insurance shati be maia�aincd�in tha amaiin k����' •
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<br /> �' � a�ad f�r the F+erio�s ihat l�ender requirea.�Che insutance t�tiot(►taeiding tAe insurance sh�il be chnsen bp Nctrn�ncc v
<br /> ��'\t� ' ° � su��rt�ts�Lendec's a�ravat altuch shalt not 6e unrea.Sattabl�'nitb�f�d.If Bgrrower fails to maintuin a�avaraga d�st:t+ ��,.:. ,:
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<br />. • • � '' aix»•r.t.ender �ay.at Lender's option.�btain c�vernge ta ptat�f.Len�er s rights in the ProprM�in acc�ardence n�ic . - .
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<br /> � ` ` Al! insurance.pe>Eieies an� renewals shaU be acoepsribf�.ta.I�itder and shatl include a standnrd mart�a�r clau.s� �,•,':;.`,
<br /> ` :. � � - t,rndrr shall ha��e the right to hotd the policies and renewal�, I�;i�der requires. Battocrar sholl prom�tiy gi��e t� '-• �•:;� ..::...
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<br /> 1 xndet atl receipts of�aid pteminms and rene`wa1 notices.ln tif�.ou�it of t�. Bor�o�'re s-hal!giv��m+mPi nntice to th� � ::::<-.:=:-� '� .
<br /> insurance carcier and Lender.l.ender may make prooi of 1�it nat:tY►ade promptE�by Borrocv�r.
<br /> l�nless Lender and Bmrrawer ot�ernise agt�e in writing.it�urati�e Praceeds sha11 Ue appiied tv crstvrat6on�r repai� �
<br /> -=' ---�--='==��� ,easible an�Lend�x's se�u�i� is nat l�sened.If tha -� --.-� --
<br /> nf tAe Pro�damag�3.if the tesioratian or cep�itr is eeonotili�aiHy,� Y ��==.�`�_.-,:.;, .
<br /> . . t`:`i` r�.sturation or repair�s rtat eoonomically g�1�le at�l.ender's s�sirity Nould be lesseaed the insw�nc�procrrds shall i�e � �;
<br /> a��lied ta the sums sec�red hy ihis Seeurity Inscrument.cvhethef.tn'not then due, Nith any excess paid w Iiarnonrr.If ;_ � '��'°.{�: �
<br /> :. At�rro�er abandons the Propert:,.or dpes nat ansarer�yithin 30.deys a notice from L.errder that tite ms�aran�e carriar has ;; r�': :;"'„.:<.
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<br /> �,f��red to settie a claiin.thc� �;ender.may coltect�e.ipst�ranr.s:�prace�.��'.de*may uae the prvee� tn npair ar , .
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<br /> �, ' :, r�t��rr the Property or to pay siljnR t�ceutetl�by,this Seeutity.ltl�tr.unlent,c�rhether or not thcKS.dur.The 3U'clsiy prrind will �
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<br /> r " t�e�iitityEcen ihc�notice is given. . ,; .. � . �
<br /> ' � Lfntess_Ixnder and$��wer otfieer�v�se agcee in wsiting;�tiy�7�iptication oE pcoceeds.00�srincipaC�shal!nat extend or •,� ,�,
<br /> !r;�. � . ���t.{tt1rn the due�ate of�mottthl�r paYments refemed'to ip:Q�,�f��F�1 and Z or change the amo►mt of thc payments.
<br /> E , fi�r�� IP und�r parnscuPb 21 tftB�Pfoprtty is acquired by Le�edet:':tifi'rtower's tight m aryy insurance policies and proceeds �' � _
<br /> r�ilan g f. ,rYr:�ma g e to the Pm�q r nor to the aoquisit+an�i�ll�pass to Lend�'tn.rl�e etttem,of the sums secuted by* " � -
<br /> • ;� ��'` rlus 5ecuri�y lnscr`umerit iiiititcdiat�j({m'ar•to the acqtss�tian: . . - `"` .
<br /> � . .; .�{°•'� � � 6. Oc�p�rrincy,Prese�i'af�bp;:I���; eaance amd�toteat�aa of t�e Property:Borroiver's Loan tlppticatiani: , • , .
<br /> . . '�.� 4 � as Borrawec s pcincilasi resideace cvisbin si.�.y 3aFS, ;
<br /> I.cas�ehoids. Borro�vet shaittoc�u��t::� 1ish,and tc5e�.td��.Rtplp�`!.3►
<br /> � , � �..,:� e.tti�r the ececution of this 5ecvt�t��Iri�t��ent and�U`.�ct�p��nue to ocsupg tije ProgercY as Barsoceers��sis�a�l ;+,;�{„��Y
<br /> , �.-r;f y � Pa!icY.unles�s,Ixnder o�herwise agrePS in�vritin Nhich�a�xs�iatl s.r, ��..`
<br /> a,: rc�iz[�ee for at least one ear after e"itBii;pf accu g• ;.
<br />' '4 y� �� tuxr,.jfe un�nabty nrithheld.or unle�se��nuatingc�rcumsfari�esissc+r8ich are�eyond Borro�ver's cor.�T��3'�'er,v.tx�r' _ = a _
<br /> ,- ' . ,:,, , .,�J3�t.not destroy.damage or impair•t�i�I�'operty.allow the PcaQ�to deteriorat��.or commit waste on the Prepects: , ���.
<br /> . • , �'.s,` �,;:; i �itarrb�er shall be in default if any�offe►ture action or praceedia��:?r�Jt•ther civil oe cr.iminai,is Beg�m that in Lxn�r's. ` ._ �
<br /> `."'�'. ��:•,ti�,,.;,�ca�.;,�faith judgment wuld result ia iorfeiture of the Property otq�i:;.�rivise�aaterially irnpair the Iien:created by this� �,� �: • .,�.�-
<br /> :�:�� �< �.'t�:urity Instrument or Lender's security interest. BorroNer may'cute s�`a dePauit and reinstatr,as providcKi in „��w� _,;�t ..�
<br /> � �. `a.��;' .` . �ragraPh 18, �y causing the actian�pr proceeding to be dismissed �ith a ruIing that, in L.ender's gaed fairh:� -
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<br /> . ,.,;n,� . , drtermination,pre�Iudes forleiture ot�t#:s�,$onnweF s interest in the Propercy or ather material impairmeat og the lien ,; ���,
<br /> . � ���,. . ' .cfeated by this Serurity Instrumentik�r i:�r;deP's s�ecurity interest.Bonower shalt slra be in d�fautt if Bornoher.during , ; _
<br /> '�'•',, ` <} �:l�an a lication d; �,
<br /> ' .�,.. , PP Pra�,�V..���3'�f se or inaceurate information mr sra�eme�ts m Lendes;.(Qr. failed�.r ::
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<br /> t,�,��.� . �.. Jrr,rs433e Lender cvith ang��Yseferis!'in�a�;��:�ucm with the toare eVi¢�nced�by the Note, inc{us�ing; but ne� .�
<br /> `������1� ,�.f ��aai��"-d to,�?.�entations soncernin�i3L�tcr�rAOaw�ancy of the.�opec�F�.a�a principai c�esidrnce �f'Wris.5ecuri:�- i f;
<br /> `��"` ''��r . •tisy�ttrs��s�a,a leasehold,Borroaer'�rE taumpi`�R�iefi a}1 the��a�,isi�oE tHe Iease.If,Eeizn.rner�t-i�,��x ts:�af��� ,
<br /> ,� � .�t; .. .�.tliif��l�a�[x�ia;.,rJ;�ieasehold ar�d the fee�shall not merg,e un2e�1Lemciec a to the ;��:�`wt �o.t ' .. . � „ >,� ' -- .
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<br /> Air7��5` F 4�� ', . ti i',;':7�,�ast;re3c�i�zn ot Leadet s Re�;so the Property.If Bc�runw�t fa'tls�usperPorm�t3;r.an•�,i'r.a,.�-,��.agreem�l� �c,G�. _
<br /> . .�.� � �:t jt���;,,a'►ed�i-��3�' �SecuritY Iastrumen�or there is a legal proceeding tha3 mag,�:�m:fican�Py a�'ect LeR�'3;rights in th�` n , ' �.
<br /> $`� '°;;a ` '�!t�;�sertyr ��t.�as a prateeding in banlsruptep. probate. for conder:::mtiim ar forfeiture or to r��rsrce Iga� ar ,,��t�;„ 5
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<br /> =tt�+�.� • rCgulations�x�ef�Lettder may do and�ay for ahatec�er is necessary to protece the value af the Property and I.cndern'� '` r==-
<br /> : ;,;�a;;.,'�' rights in th�:3rf�ertq.Lender s actioar,t�i�a.y include paying any sums secut�d by a li�t which has pnority uver ttlia 2" ? ��'
<br />, • '�;>�(:'.•_�.'. • Security Insti��a��t.appearing in cour�;j�riaqg reasonable attorneys'fee.s accd eateringon,the Property ta mat:e repairs...� `�""-
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<br /> ..:.:. ...::.....::::�;y�hough Le���Ynay take action under.3�paragrap�a 7.Lendec does nat M-re to do sca. ,.: :;` `��
<br /> � �j ' ' -'�'� Any amounts disbursed by l.ender under this pategraph 9 shail becorrie arYditinnet debt of Borcomer s�cured by this , 'i;-��s;_:;�,`
<br /> � - �-�- ���'.`';�'btity lnscrument Unless Borroner and Lendet x,�e to other terms:oC pa�me��„these arnounrs shult�6ear interest _
<br /> � , <:��,t� ;,; •frum the da�_tat disbursement at the Note rate and�,*�al!be Qayabto.t�itPi.interes'•�•upon notice fram I:�'+�i'w B�rrawet
<br /> y t I� E , rCquesti�lg:1.�� �5ten� ,. : . . • , , : =� •;�1,•� '' �
<br /> � ' r.l�;c . 8. A4otit�i�,Insuraqce. If L,eiid'e,r`r�guice�ncortgage insc�cs�naa as a co^.z�zion of s�.�r:�:�:�e lc�-�z Qrxprecf by i'su:�
<br /> . �a;tA •4ncutityln�i�ss�����°frts��*shail'."�ay�iie�_pr�mtui���+equired'irm���z:sintai��3:�cno�&��;��.'�.s.�.�d�,;a:K.If,4aranjr` ; :r
<br /> .,,<'; '' • . •• 't�;��on. the mortgage.itiG!ir.�nce covi�ge�tedu�Pc�.�":�n.���ndet lapses or ceas�xo isr in e��'.,�x'�?tig:�r. 'rahall pay the , y� � s �',�: -
<br /> a�'���� •, . . i�+:mii�ms r pired to�litixitt.c�overtiga;�ubstgnt�pi���n�ivalent to the mortgage in�urance previousiz�_���!�!'�xc,at a cost p, (,,�j�,,�:�,� '
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<br /> - ��.p� . �..;�ihstaAtia.:����uivalent fti�.�iiaco�t tn,13!�u'tnwe�:a�'the mortgage insurance previousty in efCee�,�rci:t�`an alteriiate . ..t.,:�,�,.,.tr` _
<br /> � � .�y�� �• *.gagy',tp.Spter appnti�'r�1,f�Y L'.endh.r•:'If su6stantiall uivalent rnoR e insurance ci�,. b ur•��ot availeb�e.,�.,,
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<br /> �« . _ i�tarrr�ner�h.�l pay to�:kntiar�'�each mc+ntli•aaum „}�al.toone-taetfthof the yearlv mortg�.i'ca..���rn�y��mium�haiit� ,�. � ; � '� � ._
<br /> s�;�, : : �ii�l�hy$drtowe�ivhen�taicdiiSurance coti�ge le,p�dctl.'ar ceased to be in effert.Lender will accept.t�ae�rd retain thes�'. ' r � `,;+-
<br /> � ys:' .. rriym�nui as a'loss r.�t����;in lieu of mortg�p,�c;itteurance. Loss reserve payments may no Iafr.g,iY� be requircd, �'�F��"'=r-,
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