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<br /> . � H�rd or Ias�ran�e. 6orcower shail keep the imQmvements now existing or h�er er�o�n the .: ,< .
<br /> 5. �Y �.
<br /> . • propeny ia�urod against loss by t'ue.hazards iactuded witLin the t�m°extended r.ovetage" and aay other haTards.includin8 � , . ,
<br /> .` . .. , � tloods or Suoding.for wttich Ls�der requires insuianoa.This�++�,*��sGall be maintained in the amounts and for the per�ods �. . . ..
<br /> � � � , thaz I.eader mqni�es.lh�insuraase canier providing the insuraace shall be choaen by Barrower aubject to l.e�ter°s approvai ` ���"`
<br /> � � , ' � wbich sdai�not 6e umreasonabIy withIleld. It Borsower faits to maintain oove�age describPd above.'Lea+d�r may. at l.�nder's ' �
<br /> optio0.obtain caverage to pmtecc I�ader's rigp;u in the Property in aawrdattce arith paragrapb T. � �
<br /> ' � ', � All iasuranee pAlictes and reaewats shall he aco�table to Leader and stjall iuclude a staudard mortgage clause. Lender + . � ' . • • � •
<br /> � '� � shall liave the right to flold the policies and renewaYs.If l.ender req�ritrs.Boirower shall Drom�!S�ve to temder all rec�eipts of � `.
<br /> - . . ,' i paid premiums and eeqewal antices-In the event of toss.Bonawer shatl give pmmpt notice to the insuraace carrier and Len�er. `- , .
<br /> _._ :.,- � Lender may m�Ice psaof of[ass if aoe made psomptiy by Botrower. _.. ____ ..._,_
<br /> °�: ' Untess IRader and Bosrower otheswise ag�ee in writing,ins�uance proceeds shall be applied co restcratian or repair of the `;:`. i��,'.
<br /> ag e � .
<br /> - �P�Y��•if the restozation or repair is ecmnomicxlty feas�'ble aud Leader's security is not tess�ed.if the xestofasiam�or r�`-=�--',-'._
<br /> � - repair is not eoonomisally feasib2e or I.eader's security woutd be tessened,[he ias�uance pmceeds sl�all be applied to the sums 'f- .,' :;`' ::,` :.;_` '
<br /> • �bl►tLis Sewrlty tn�+,,,m¢a►� wh�h�or aflt thQn due, with anY e�s P��to Bornnwer. If Bomower abardaa4 th: : r�° ::,.,,.:..:.�...•
<br /> � proparty.or does aat aaswer witLin 3U days a aotice from Ls:ndet that the insuran�e cazrier hac offered to seute a claim.t�en ,. �:f.a.`,,,�.:.
<br /> i Len�r ur�Y coltect ihe insaranr�praceeds. Lea�r may ase ths pmoeeds to rep�s a=�o�e�he Pmyerry ar.to FaY s�s • :
<br /> F"r �hether or nat thea due.'l�e 3Q-day period will Uegiu�the�tice is given. �F` • -
<br /> '�� s�uned b tltis Seiurity Itasuument.: •� �L��� :
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<br /> �h.�a�'� i . ��S ��Ef 2Ild �0I![IFS�. "�u�lWI�S@ 2$L�L'tIi VPJI��. Y '�Q c`t _^
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<br /> . � c Es�4i°t.�` . g�ult2;due d�-a�ah2�tmrhl�.B 7 ,6�d�• $�,�uD'-$Q���eI'GY��.P.�v1+++.��5 ? �- y� rr.F. .. =-
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<br /> C �,,,,,��,�,,.� �� oa s7a���:�IIrs�a .� �.�;�ics i3��Secaux� '� � �^LL
<br /> .S.C��r t:��� t ���"1�I� uY v�ww.+g�:'3��,.T�, iu' :a,R�t1�7�3 .... . 1 $t�Li �"Rt'�C�U�� ��.•.�s,.. �1 A � 'l.f:i��tY j� �--
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<br /> . � ",,'�,Ba�r��et sba1l oo��,��'�'`�.;;��t��-s��'.'�'s��"��e'��iFbia sixt�r•�'��Rer tt�e.execution af • . •��•
<br /> �• ?<� , this Sectisity Ias��ud s'aaS!cont�ttue to aa�-.�y the Piopetty as$o�+�s s principal resid'ense t��u teast one year after ' � .. `���-
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<br /> , �-'.,.- ' the daze of occupansY.unless Lender artheravise ag�ees in arriting,whish oonsent shall not be nareasonably witt�hetd.Qs ualess. ----°¢._��
<br /> � `'�•i�,%;. pctenuating citcurnstances extst whid� are beyond Boitower's aontml. Boimwer shall not de.gtroy, c[amags or impair the -���;,:,
<br /> . -:'° � . Propenyr. aliow the Pcopeny to deceriorate. or commit wasce on the Pmperty-Bomuwer s6a116e ia defautc tf any farfetuue �_
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<br />: �..5' �ction or prooeeding.whethsr civil or crImival,is begun that in L�ader's goo�faitb judgment could result in forfeiture of the •�.�'-,.�
<br /> . ' :. . ' .�'� Ptoperty or othe�wise taaterially uapair the tien ceested�y this Sec�ry Inswmeat or Iender's securlry interest.Bormwer�may �r y�:��'
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<br /> ca�re eucL a default aad reinstate.as provided in P�B�Pfl 18,�by causing the esxion or proceeding to 6e dismisse�wlth a�afing
<br /> : that, ia Len�er's good faitb detenainatian. precludea forfelture of the Borrower's interest in tAe Prnpe�ty or aiher aiaterial
<br /> � impairment of the lien caeated ay d►is Securlty lnsmunent or LRader's securI.ry iaterest. Borzower sh�U also 6e in default if _.
<br /> .. �; 6orrower.duriug the toan applteation process,gave maserialty Ialse or iaaccurate infotmat�Oa Qr statem�nts w lender(or fail� ':�.:
<br /> to pmvtde[,eaQer w[th any materfal�afomtation)fn wm�stton with the loan evtdeaced by ttce Nate.iatluding,6ut aot limitod ,. .{,��i�,:
<br /> :� .."; to.represeutations wuceming Sorrower's oca�paussy of the Properry as a principal s�esidence.If thi4 Seauiry Iasaument is oa a . .;..�y,E..
<br /> � ,��.�� leasehold. Bomower shall comply with all th. provisions of the teass. If Borrower acquices fee title to the Property. tt� �.� �,•�,,,���:
<br /> ����' leagehold and the fee tide sha11 not meige unless Len4er agrees to We m�tger in wrltia8• _ � '.r�i��,
<br /> 8
<br /> ;;F�; 7.Ptotedion o!Iande�''s Rig�tg In the Arop�rty.If Borrower fails to pr.rfonn the caveaanca aad ag�eemen�s contai°ed i° � `�w.v�c.:
<br />`--- --�-�----�;`�;' tt�is Securiry ia�tnuneut,or thene is a legal�pmraadln8 tLat maY sSgnificantly:aNect Lcad�r's rig&ts ia ths Bropeny(sucb as a ,n
<br /> ��'�.% , robate.for coa+demnatton or forfeiture os to eafotoe laws or regulatIosas),thA I.ender may do azxi , ,�-�°�
<br /> _ . :..f,. . PmceedinS in baal�PtcY,p ..�.'�=
<br /> . :•� pay for wt�atever is necessarY to protect the valIIe of th�Pmpercy and I.euQsr's rights ir the Property. I.ender's actians may = ..
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<br /> � • iaclade payiug anY sums sec�ed bY a ti�ea a�icb has priority over this Securlty Iasuumen� agpe�in8 in omut, paym� .��_�=-
<br /> . •�n; � :-daa��:9.-
<br /> . .: ',,'::`;� � reasor.able attome}�s'-tees aad eatering on tAe Ptao�erty to malte teparas..Althougb I.ender may take actia�imdar t�a patagzaph.
<br /> . ,�� ! � 7,I�r.�es doe.s aae 1�,1�:to do so. . .
<br /> ' � ;, � ` ,. pny a�no�.�bY lxs�tr uades �ttiis garagraph 7 strall�e additional debt of�t�wer secvted'by tbis
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<br /> .� . . � �;� � pns�.•�;si?sss,H�u��er and L�zi agree to other terms og•�yment,these amounts shajt bear inierESt from the . �-
<br /> ; .,`'''•���" - '� �; S�: aith n notice from Leader to Boirower requestittg •�"
<br /> ,',�,�,;:�z!1'.°',`;•'J;�.� . . date of disbuisetr�t at tlie i�Fi�te�aae ac�d s�aU be payable. intere�a. upo ' ':. :A� _
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<br /> , . . 8.11ilortgs�1(�tuance.If Leader req�ttuc7•mortgage insurance as a r:duld3dOD of ma1dD$!hC t�i s�by th1S SCCUdiy y+ ,. -
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<br /> ' �±, 8a�w�:r sha11 Pay the p�emiwas z�uire�co maintain aL��'BaSe insutaace in e�t::U. for aay mason, tt�, '' , T
<br /> . . -- � �¢�,�^�z�..�u�e�coverage required by l.eader 7apses ma�ses to.be in effect.Boirower saal}pay�s premiva�s.��ired�; . '�'
<br /> ;' � �. : ob�ss�s�.�a,�e s;�*�srentiaUy equivatent to t�e cnost,��'i�crra�ce previously ia effect,at a cost substanda11y eqaiva�:to t�� - ' ..�: � � ;�•
<br />° ' cos[to�orro�w�tiB the mortgage insuraace Fr�:��csiy�e3fece. from�n altemate mortgage.�ns�arer apPsoved by Leader.II�' ,;.': . , ..
<br /> �. . substanriatIy e�,w'sz'sit�t mortgage iasuraac��ca:�e is not available.Borrower shall Pay to Lender eacL month a sum eQual us.:.. :; ' . .-
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<br />��,: . ': . oaertw:lfiti of��}!.�rty mortgage insurance pr�mium being paid by Borrower ahea the insu:anae coverage lapsed or ceased to �_�,,;<; �:.,
<br /> ,w�.
<br /> be��+�ct.Lender aill accept.use and retain these payments as a loss reserve in lie� of mortgage insurance. Loss re.aerve ' � . .
<br /> _;� . ' . , Farm 8oI8 s19s ; ..
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