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<br /> • • � ' S. Harar�l t� Aro�t�45' ims�ause. Banauer shall keep t�e impmveueents now eaisting or er on ttee ;
<br /> � ` , ` prope�ty insured against loss hy fit�.hazanls inctcdgd uritl�in th�teim'e�ttendad oaverage' and any other har.�rds,induding " -. � _-
<br /> .. . � � . flaods or tloadiag.for alri�irndat requims i�snr�nce.'�bis inwrauce shall be maintain�in the amounts and-foz the periods -- -;
<br /> ' . � �. that LeQder tequires.'lEe iasarance cartier provid'ang the iasurance sRa51 @e chasea bp�om�u�er subject to Len�er's appmval .` ..'.-.,.,,,.,:";'
<br /> . , � whicb shall not be unreasoaaDly withtreld. [[Bo:rower faits�ta t�ainta's�coverage d�cn'bed abav�. Gender may. at Lea�ter's ,; �;.:::�.� ::,;-:
<br /> < . , optioa.obtan oaveeage to protect Leader's�t�as the F�aperty in accordance witb p,aragraph T. .> :":.``'�
<br /> A!t instuance policies aad cea�aals shal!be asoeptaDte to Leader and shall include a sta�adard mortgage clause. l.ender ��_�".%:;.':
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<br /> s5aii have tHe rigt�t to ho1�i 1h�polic�es�Q renewa�s.If Leader cequires.Bonmaer sha11 pmn►P�Y 8ive to l.gnder all ceoeipts of
<br /> � � • � paIQ premiums aad neaewal ac+t�es.tn the event of tnss.&�na��er shail gice prnmpi uQtice co We insuna�e rarriea anrt Lender. y .. . a
<br /> . . . : � l.euder�y malce proof of loss if not made prnmptiY 6Y�osrou�er. _ _. _ , -- "_
<br /> . �-,,,r.:� tTntess l�uder and Borrowet otbeswlse agzee in writing:insuraaoe proceeds s�aU be applied to restorntion or repais of thE :�-,s .
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<br /> ` _"- � � .� Pmppty damaged.if the�storatios�ar reQair is emnomirally fea�'ble and I.ender's secnriry is not tessened.ff the restorasion or - --- - -
<br /> �,�ir is nat ecanomicalIy feast'b!e or 1aeQder's security��auid be lesssaed.the insurance proaeeds sha11 be applied to che sams
<br /> : • :;{ s e c u t e�by t h i s S e c u r iry ��w h e t her or n o t t h e a d u e.c v i t h a n y e x ce s s p a i d t o B o:m w e r. I f B o r r o n r e r a b a n d o n s t h e � -:;,�
<br /> . - :� Pmperty or does noi answet a�ithin 3m da}rs a notice fcum Lendra tLat the iasurance cazrier�as offer�ed to set@e a claim,then
<br /> lxnder may wllect the ins�raace pmceeds. L�der may use the pmoeQds to cepair or�estote d3�Property or m pay sums .,.`�',,`•'.
<br /> � " �seturod by tbis Securiry Insuament.wiietIlet ar aat theadr�e.7he 3M1ay period wi7l hegia wi�c�z t$e.uosfc�is given. , . ,':a�t �" :`
<br /> ° :: ; ' . Unless Ixnder anci Smmaer othetwise agr�ia vn�tiag, anY applitatioa.o�pt<sce�d�ta ptFadgal� ftot eatend as ':`.`<-„''''''.•'•'_-_""
<br /> pasfpone the due daze of ttte rmoatDlY PaYm�ts referted t�Ea pm�hs 1 aad�2 or cirauge the�t af t6s gaymeats. if ? � XS ti �� � ' -
<br />' . .', ..�. � under p a r a g r e p h 2I the Ptopeity is aoq�By[.�d�er.Barmwer'�rtgUt to any fas�uaac�poltde�amd prooeeds cesutting 6�m � -
<br /> � � dama to the�i�D ri0r OD the SualI tn Iffider OQ fite exte�L bf the sams seCrued by this.Secu�itY Ias�enf • • . ��;�'r,�,°, -
<br /> • SQ P�'�Y P �°a P� . `1;`` --___- -
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<br /> . - i�mmediately pttor to t9e a�quisf�ou. , . ,'.s,:r_'=:----_-
<br /> ID,RffEateva�x atsc��n oYthe Pt+u�erty�IIaa�aov�er's Loan Appf�ca8fot?:1��� .'� � °�`„��
<br /> � . 6.tDocec�aa¢y,:Er�arat�ua. - ,,
<br /> � Bor[�dwet sb2l��PY�esfabli&@.a�d t�t�te��+s��rmwer's principal tes��vithin si�tlY.daYs aftec tit�dc�.�f �r `' � t_.:
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<br /> � f2�y �jg$�Lji TIIfi�O�t 3�S$���OD i$C pt0 14 BOTd3WCT�3 11�C3 �fdT 2L�-�'4yIC C2I 3�f �',�[4:
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<br /> : � ` t�date of cocu�Ctcy.unless ixuder otlrawise ag�ees in ariting,wirich oanseni shall not De av�habiY vv�idi�d,or uniess . - _
<br />, � . . -�< e�tenuafmg c�r�mstancozs exist wtucb are beyond Borrawer's control. Borr�ver sbaU not d�;da��'??�imDair t�e �� � _-
<br /> '� `. '�: :° p�ogerry�altmv the Propeny to deteriorate.ar commit waste on the Property. Bortawer sAall hc rm defa�att:iGf'�ry forfeiaue • � �-.
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<br /> ' � aqIon or pmceeding,whetber civ�7 or criminal,is begun[hat in Leader's good faith judgment coutd�tesuit irx.,t J,�r�'reituie of tAe . .. �
<br /> _� ,.ft ProPerty►os othe�wise materially impair the tiea cceated h3►this 5ecuriry Instmmem or I�der's securiry iaterzsr.'8ortovver may '.Y �y `e,L�•
<br /> _` - cure such a defauit aad reiastate,as provided in pazagraph 18,AY causin8lhe asxion or pmoeed�ag m be dismissed aith a zuling ,
<br /> ' ' .�� tLat, in Leader's good faith detennination, P�ecludes fwtfeitur�of t1t�Burrower's interest in the Pmperty or otLer mater�al
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<br /> , ��npai�ment of th�liea crea�l by this Sea�rIry�Instr�tc or Lenst2a��v�ulry uuerest.B orrower s b a l l a l�,@ e i n d e f a u lt if a —
<br /> �{�.��,i% ' ':`�oimwer,during the toaB i�uon mcess.Sa�'e m3m�F fatse'or�te infoimation or stateqteats m 1�(or fa�ed
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<br /> '�`��#� ,,f;• �ta pmvIde Lendec w i t h aay i�a 2 e s i a l i n formation y i n oQ�fl w i t E�t h e I o�e v i d e u c e i l b y t h e N a t e,i n c t u d i r�„3 m ti a o t l i m i t e A �,�, __
<br /> `�?��r to,r�ePresentations�onc�rnW�$orrower's acsvpaacy o f�PmpeKy as a princip a l nesi deace.I f t h i s S e c u r i ty I d s t't i�m e n t i s o a a __
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<br /> • , .��`: Ieasehotd, Bar�e►i,ver shall Qamply with�J�.'r�.she'p:ovi�oas af the tease. If Bo:rawer acquites fee tide to the 8roperty. the �� ,�,�.� --
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<br /> Ieasehold attd the fee title shal�l iiot merge uuIess I�ead�e�zees to the�merger ia writing. ��z :• �
<br /> 14��?.. - -- - 7.Pmrtectton o!LeadES's�in the Pt�op��IF Borrower fails to perfo�n the eovenants and ag�e�ents aontaiaed iA �` , i .
<br /> . � this'Sec��rity Insmiment,or there is a legal proceedisg�that may significandy affecf-�.,ender's rights in the Property(suci�as a t .:;,�. - ---
<br /> ,�.=� proceeding in banlQaptcy.Probate.for conde►�ation ar forfeitare or to enforre laws or regulatlons),then Lettder may do and :�.::=-�
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<br />'` � pay for ahat�wer is necessary to protect[he vatue of the Property and l.ender's righta in the P�upeity. I.euder's.acdans ma�y : !:'.. _�A._
<br /> 1 fr.-'� ` include Paying anY sums secured by a lien wluch i�8.a�prtority over this Secuiity lnstrume,at, aPP��8 �.�urt, P�g " `` �r��
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<br /> � �� . ; reawna6le attomeys'fees aad entering on the Propeny.ia imake.reDaus.A1Though I.ender may tahe acttoa uad�r.�3a pu$grapD ,�{�Sr,s, ,o �
<br /> ti�' � •' •' , >: ' ��...,:. �',M1,tr� ,sa s —
<br /> �+��r��•. -. . 7.Lender does aot have to d(r so. . � -, :. : - .
<br /> ' . . i�;,,. �'•� Aay ama�disbursed�fiy Lender.ecaQer ttus garagx�h T s�tl ip�ome addittonal debt a���ormwer sccured by this � ' .
<br /> �, � ,i���;,. Securtry Ia�an�.Ua1es�:�rrower�r3i Ifr�er ag�ib ot�er te�mf payment..these aurioant�:sh�11 bPar�is�terest imm the� ` �� --
<br /> ,r; , ,{r�n�'��` date of dts6nrse�teat at ibr,��te,rate�s�tatl#e.�i�dble. witb interest,npon notiae from l:e�dd fo��awer requestiag .� ,
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<br /> r�` i-' ' rl•�4: .' ,8.Nl�rdg,ege Insunr�re� Ti��'i.endgr�eired m�rt�age insurance as a candition of makiag the loan s�m�t.+by this Secuniry .
<br /> ���� li��;�` . ' .����neres,�ari.v�ver sh�i�ra3' e g�mr�s re�lu�r� o ma�ntaia the mort any►reason,the ..
<br /> , �p th c P,aSe insurauce in efPect. If. for , .
<br /> - ;ti� ' � . �i�tga�e ini�r��.cover.�F i�9uue�!ts����er tapses or ceases to bc in cffcct,Borrower a�aU�y the prendum4 required to -
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<br /> '��h}s' , obtain cave�i�:�.i�fl3�.a�uivalPttt yr��ifi�e'mort e insurance previously in effect,a[a eesi s�ubstaatlally equiwatent to tHe �^r -
<br /> cost to BO�r4tpr�p',�sf�e��ro�i�ge ins�as��rcevia�rl iri,effect, from aa atternate mongage ias�u�er approved by L�der. If
<br /> , �� ' ' substantielly c�+'liz�hat��age lasardnor cover�¢�f��u�:�availabfe,Borrower shaJf pay to l+endet each�amiir�.sum eqnal to
<br /> r ' one-cwelft�cf�7r��early mortgage��s-�*�►+�-�c.mir�'��+.�g paid by Borrower arhen the iusuiauc�!roverage fag�r�.tor ceaseA to .
<br /> . . 6e in effea�.&B�rill.�c will accepi.nSe a�i���ese�3yments as a loss resetve in liew of moii{t�y,}t. ipsur�ac�.':�.oss reserve .. � , '! ��.
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