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<br /> . . �. Hamrd ox}9np�rty i�uraace 8oa�o�ter shatl kP�p the imprc�uemenu now exisamg or�eereafter ereaed on th� , -
<br /> � • � Fmperiy insute8 agaias�t loss by f�e.Q��ts iserauQ�within the rerm'exe¢�deQ rn�erage'and aqy ather hazards.indudmg ` ;.:.;:'.:• •:::.-
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<br /> . Rouds or ttooding. for whicD Leader tequires insuraaoe.This inccuaaoe ahall be maiataiaed in the amaunts and for the pe:iods ,':;:;+;::(..._�:..�_;...�..:;'
<br /> •. . . ..'� �j,pn�r��."ihe insurance rarrier provtdlag the insuraace s6a11 be chosrn by Bonower sut►jecc co Leader's a�pmval .. . • .
<br /> , . whicb sLall not be unse3sQna6ly withheid. If Borraw►er faiIs to maintaia oo�erage descriTaed abo�e. l�eader may. az txnder's . • .
<br /> . .. . . _'. � opaon.obtain eo�trage to gmtect LendePs dghts ia the Property[n aa�tdaace with para�rapb 7. .'_ . : � ; `�_,`.:
<br /> Aii ins�uaaoe posides aad�eaewals shn116e a�cceprable to L4nd�r aad shaIi inciude a siaudard mortgage ctaose. l.cader " r." ' .;
<br /> , ` __��� sha116ave the right to hotd the poticies amd reaewals. It Lender�q�ires,Qorcowet shall pmmpdy gi�e to Lender all teoeipia of ._�`�,`:. .''=`t`'
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<br /> ' " . .: :-# Qaid premiwns aad teaewal notices.In the eveat of 1ass.Bor[ower sDall give prompt aotice to the insvs-ance cartier and Lender. :`:.;`::`,;'� : ;.'1: .
<br /> �> ' l.ender may make proof of toss if aot made PmmptjY by Borrower.
<br /> . • - �--�# Unte�s ixnder and Rosrower atLe�wisr ag�s in writing.ins�uanoe praeeeds shall be applied[o cestorarion oz repair of thr _-=- •- -_- _—
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<br /> pmp�y damaged,if the restaratioa or iepair is eoons►mical3y feasffite aad Lender's security is aot lessened.lf the rescoration or - '
<br /> 7 � r�air is not eoonotnicaUy feasfble or LaWet's sewrity�voutd be tase�ed,the ins�uance pmceeds shall be applied to the sums ,t �,..} .. ,�.�=r �,
<br /> . ; ,� ` � secured hy tDis S�iry tnstrument, whether or not tAea due, with aay eacess paid to Bomower. if Borcower abandons ctte �` .°:._�..:t;<�;.. ' ;
<br /> :.:,:i; � pmperty�or does uot ansarer�vithin 30 days a notloe from Leud�tha3 the insurance carrter has offe�ad w s�ttte a claim.th�r. rf ;.
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<br /> ' , l.end�maY eoII�c tl�e insuraaoe pmc�i.�. Eender may use the p�asceds w repair or restore the L�tvpeny or to pay sums ` ..:, :,, -=
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<br /> secaored by this��!�+wbether or not thea due.The 30dsy pq3od cv�l hegui WTtC1t tbE IIoUCe ts g1veD. , ?r` ; l.:
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<br /> _ .::;st� Unless 1�ea�er aad 6nrcuwer atII�ii�e in writin . an of pm�eds tQ prI�cipal shall not exteQd ar ; ''::
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<br /> .',• • postpone the dae date of tDe moathh►Payments tefernd to ia paragr�hs I and 2 or change t&e amoune of the payments. If � , �` ,
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<br /> , - uades pazagraga Zr aze F�ogercy is aoquirea by l�eader.eorcower�a ri�hc ta au}►insuraace poucies aaa proceeds resulim�from �,�:�iutr::��..�s�__.�-,z. ::
<br /> .. ••: damage w the FcnB�Y Fnor io tIIe acquisition sLall pass m lender to t&e exteut of the smas secuced by t6is Se�arity[asaumeat 't''`:., • r=, =��r.
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<br /> . :. ' ��Y Prinr m t�e a�quisiaoa. ` ':-
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<br /> �•.::,. ' _ �,. 6.�ecopancy.�ea�dnn.Maiatenance and Protecdoa ot ttie Peu�ty:�gnro�er's II.aaa�pfica2Fon;�t�.
<br /> � Borcower shall ocrapy,e�abti$h.aad use the Pmpe�ty es Bonowet's prineipal te�id�oe withia si�p days aflter tl�e execution of . ..* �_��
<br /> .i •�. this Se�ity Iantument a�s�ll vontinue to oaaipy t�e Prapsny as Sorcawer's p�ttcipal cesidence for at Ieast�ne year after � �,"�'":::
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<br /> �� the date af aoa�paacy.unless t.eader otheiwise agrces in writing:wtuch oons�t sba1F surt be��aably withhetd.or w3less y --- `
<br /> a�_� exteaua�ng cercnm� e�sst wBich are beyond Boriower's eonmol. eormwer shall not destr�y. damage or impait c�ce �
<br /> ��� �`,``�, p�,aperty,�aIIavv t�e Ftnpertl� co deteriorate.or commit waste on the Pmpsrty. Bauower s6all be in default if a�+f.orfeinue ��:-
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<br /> � action or pm�eciing,whetLe�civil or criminai.Ls begun that in Lender's good fau�judgment could r�ult in forfeituie of the f�'�'`,
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<br /> .;�; . prope�ty or othecv�ise mazerialiy impair We lien eeated by this Securicy ipstnuneni or Lender's security interest.Borrower may {,,��r ��:..�
<br /> .•���f". , .� '''.:, aue sucD a defaui�aud reiastate,as pmvided in paragrap6 18.hY causinp the acoion or praceeding w be d'ssmissed with a niling ~ ,� r, .
<br /> .'s}+: that, ia laudec"s�civd faith determinauon,P:eciades forfeiture of the Boaower's interest ia t6e P'mperty or other material <<�,;� .'� ����
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<br /> � impairment o�t�:�en created by Wis SecuritY Inssinment or Leadee's secmity intenst. Bortav+�r s6a11 a1sQ be ia default i€ ;.�':-. �...'�`.
<br /> -":;:;-- Borrower,d�u'sng3he toan application procRSS.P,ave materiallY false or inaocurate iafom�ation or statemc�ts to Leader(or failed ;�':' � —�;
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<br /> . ..;'�.i:: . to provide Ieuder witb any material informazion)in conneccion witb the loan evideaoed by the Note.including,but not limited �;`�:;T��,�'
<br /> to,rtpresentasimas ooaceming Boirovi+er's ocwpanry of the Fcoperty as a principal residence.if this Sec�uity Insuvruent is on a � . ,::;��
<br /> . , �' leasehotd, Bon��s�shaU oomply arith aTt rhe provisions of the lease. I�F Borrower acquires fae tiule to t6e Property. !�e .. i•"f�}�;." `'�'`"`=
<br /> leasehotd and tttz��xe tide shalt aot merge unic.�a Leader agr+ees to tUe�im artdng. F4 � . h yu�-_
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<br /> . <, „�_� 7.Finte�i��i?Lendes's Rigahts im t�7�peaty.If Borro�ver�c�pecgosm r.he covenants mi�agreements containeA in .. ,��', :�l°
<br /> this Seca�rtty Inst `tt��eat.or there is a legal piioceeding tba.i.may signi5r�y,'��uter's tights in the proPeaY(su�as a � � '.� ;����
<br /> �;. proceeding ia 6a�uptcy.Prabate.for condemaation or forfeitute or to eufaroe l�rx�sa�'segulatloqs),then Lender may do and ,.� ' ,�� �„�
<br /> �!� Pa3► for whatever as r�ecessa�y to pmtect the value of�he Property a�d L�det's rigliis in the P�s�y.Leader's actions ma�e ��,,�°: --
<br /> �,,, � i',t laclnde PayinB a�;:sums secured by a lica'afiich has priority over�as Seauicy Insuumem.:�,�sing in oourt, payia� i .. I �—�-
<br /> r,t�„�`;.� %. -"' �+easonable attorrt�ys'fees and entering on the Propeny�o make repairs.Althoagh Ie�der may t�ke�aan under this paragrap � ` �—_
<br /> "'"'` }�� ' x;.iir�rZer does nat have to Qa so. � � �. �.. � •t . E r
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<br />_- ` ,�;,��: '��_:;:.�ay amo�t?18.�iisbursed by l.ender under this paregrapb 7 shall become addit�onal debt of Boaower_s�s'�d by tbis �{( �s,
<br /> i fr;�� � Secanty insavxn�t.:�Unless Borrower and lcnder agoo to uther tem�s of payment.these amo�ts siaal16ear iucerest irom the • ' ,�,
<br /> .�k � date of d�sburs�mi�ni at the Note rate and sball be �ayable,with iaterest. upon aotice from Lend�r co Bonnwer requesti�g '; �,,. '
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<br /> ' P�8 Mortga�e Ias�ance.If Lender tequired mo»gage iasurance as a conditioa of maldng the loaa secured by Wis Security .• � -'' `.�-T.
<br /> . , Insuument. Borrower shall pay the premiutas required to waintain the mortgage in5nrame in effect. [f. for any reason, the . `' ' ' .;'��
<br /> � ' � '�`.'i mortgage insarar.re ooverage required by I,eader lapses dr ceases to 6e in effect.Borrowet shall yay the premiums req�ired W ' . .�:
<br /> - � --;�`:;�: : obtaln ooverag,��abstantially equivalent to the mongage insurance previously in effect,.at a oost.substanteally equivalent to the . ! ' =�:
<br /> � k}� � cast to Borroarer'of the inortgage insuraace previousi�► in effea. fnom an alteraase.�artg�e v�sm�r aPPmve�by Leader. lt `0`��,
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<br /> �4�: �.,''. �Itsrantially equivalent mortgage insurance c.overage 3s��availab2e,Borrower s�Ci��tars�?01.enQer eacb month a sum equal w
<br /> j�? •'` . , ni�_i�lfth of the yearly mortgage insurance premiuza lu�g ga4d by Borrower whera.d�r���suranoe coverage lapsed or ceased to : . ., ., . ,
<br /> � '}`, �' `.f3:�inc�effecY.F.,��er ail)accept,use and re�site these,����s as a loss reserye in lieu of mortgage L�surance: Loss teserve • ••
<br /> � r���r �. . + ;,. , . , ; ` . , Form 3�28 9190 �. { F;;;,y���:
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