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<br /> �� I�urance. Borrower �p kxp the improvem�enw now exi�da�or 6e r
<br /> —;:.,�,,1 S. Harard a' Pr'uPaty'
<br /> .-: �.,;Y propeRY tasurod a�rut lo�a by firo� haurdA{aclodod within►he tenn 'eateaded covonge"�ad �ny othor haurds� includia� �
<br /> ^-;.,;,, � ' flood�or floadin�� for which Loader requirea iaeurnnce. Thie lasuranco ehall be mafntdned in the unouau�nd far tho pedodi
<br />_ �}.`:,,.. that I�eader roguira.'It�e in�ttr�ince cutler providtn�Ihe Luur�ace�hall be chc►�by Borrnwes n►bjLeadet ar�y�*Rt Leador� •--
<br /> s=�:;�,:,�y w63cb ehall not be unr�a�owbly wIthheld. If Borcowor fail�tA m�intain covango deicrlbed�bove,
<br /> ' option�obtain covedQe to protect Lcn der'�d�h b l a t b e P r o p e r t y i a�c c o i d a a c e w i t h p a r�Y n P h 7. _ -
<br /> '',��'•�� All irt�urance bbUala�nd reAawal��ll be Rcceptablo to I.�nder ind a6a11 lnclude� et�udord roortY�ge clause. La►der —
<br /> ,"y.;....
<br /> R� n tl ve w I.�ender all rocelpu of
<br /> eha(1 h�ve the dght w 6old the poUciee and t+enew�l�.It I.eader toquliea.Borro ro m t�a t P �he ins���er and Leader. ic :-
<br /> • •_. potid promtume and roaewal noticca.I n t he even t o f l o a.B o n o w c r_h n ll g i P P �_
<br />:�;.�._,,_ � I.euder mny m�1co proof of loas if not m�de promptly bY Botrower.
<br />_-��-•��;� Unleas Leader and Bormwer otherwise aYree in wdttag, ia�urance proceeda e6aU be applted w e+awrstlon or nep�it of the -
<br /> properiyr duaaged,If We c+eatoratiw►or rep�ir i�economicaUy feuiblo�ad L�eador'e exuriry i�aot leaauKd.If the rrstoration or
<br /> -- npair I�not xonomic�Uy fwible or Leader'�securlty aould bo la+eaed.the inaunace proceods�hiU be ippUed to the eueu
<br /> ._.;.,�.�, �u�by�e F,ecudty Instrumwt. w6ether or aot thea dno,with wy eacceas patd to Bonower. If Ba:rower ab�ndan�tho
<br /> .,, pcopacty.or does not�nawer withIa 30 dayc s nodce from Lender that the insurance curier hss offerod to eettl��la[m.� _
<br /> .. � Loader may eollect tlsa ia�uraace Proceed�. Leader uury use the procads to repair or restore thc PraP�nY WY
<br />�';,.,�w, .' ��by����y In�►trumeat,whether ot nat thea dua.'Ibe 30dsy pertod wiU beBln when the nodc,e is glvw.
<br /> -- - Unlw+ Leadar�nd Bomower otheewiee agroe in wrltjng, anY aPPllcatl°n of proceed+to principal ahall not extead or
<br /> °, s ._ 1 and 2 or ehsnge the t�aiat of the psymeuW. If
<br /> =�;;;j��`� postlwne the due date of the moutblY WY�t�rofernd to in pari8r�pha
<br /> �q:+�� uuder paraBr+Ph 21 tl�e Property ie anquIred by L�eader, Borrowar's r�ght to any insutance Pollciee aad proc�resulting from
<br /> -.s�" ' dimage to the Prope�Y P�or to the scqutdtion eh�ll p�sr to Leader w tbe w�teat of tho sums eecurcd by thi�Security Inmumeat
<br />:, ;�-� �� ��
<br />,:„.�!. immediately prior to the�c4ulsttioa.
<br />'�.`:.�,.. .� i.p�n�y.Preser�atioa,M�d�and Pxotection o!the YrupMyi Ba'ro�ver's Lan Applkadon's Lwebold�.
<br />-- �:`::. Borrower shall occupy.crtablise,�nd use the Pi�opertY ws Bormwer e principal nsida�ce within�sixey days�fter the executioa of
<br />°"=`�-^'`. • Imttumcat�ad ehall coatinue W occupy the Prnpcety+�Bore+ower's princlpxl raideoce for at lu�ut oue ytu sRer
<br /> :--.;r,�. , Wis Security
<br />_:r:' the d�to of occup�acY.ud�ss Lender wberwl�e a�roes in wrlting. rvhich con+Knt�hall not ba unrasaoibly witLheld.or unlea
<br /> . .s�:,f exi�t which u+e beyond Borrower'e control. Borrower e�ll noc darte+oy. �mt�Se or impair the
<br />;='!i�'ct` exteauatIng circumetuice+
<br /> :-"3._ .. p�peKy, allow We Pt+opedY to detertorato�or commit waste on the Pcopctly. Bomower �hall be in bafwit if any forfe[pue
<br /> whethar civil ar ctim3nil,te be thit Ia LaAa s g°°d faith jud8mcat could t�+sult in forfeitum of the
<br /> �'�;:;�«+�� sctioa or procoaun8. �° � �
<br /> —_--,.,�� �c�Opedy or otheswl�e mtteri�lly imp�tr the liea creaeed by thi�Securlty Iashumeat or Leader s eecusity inroroet.Borrower miy
<br /> ,.;•�: h 18. cwt�in the�ion or proceedinE to be di�miseed wlth a n�ling
<br /> --.�.� cure ruch a default�ad ninstate.u Pmvided ia puagrap bY g or other mwteri�l
<br /> --=�"'� that. In LRader'e good faith determinstioa,precludcd forfeituro of the Borrower's interaec in the Propaty
<br /> --- --= imptirment of the Uen created by iFun Soc:wit-y L�.�t ar L—.a�s'e_•��►.ity intnnat. Borrowea shtU dw be[n defwlt if ,
<br /> �. ;,'.� go�novr,u�durIng the loaa appl�cxtioa proeeu.S�ve materially fil�e or inaecunte inforaudon or�tateanenv w Imder�o lim�it d
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<br /> �m��:.;4�� to provide Iaeada v+1th aq7'�na�iat informiticm)in connecdon with the loaa evldoneed b��tho Nate,iaeluding,
<br /> w,repn�tatioas eoncemin8 Borrower's oxupwcY of t�Property aa a jx�iacipal resideaca If this Security In�teument i�oa a
<br /> __.�. leaubold. Bonower�Il comply with all the proviaioas of the lwe. If Bormaer acquiree fee�qaa w the Propevty� tho
<br /> ---� leasehuld�nd tLe fee dtle eha11 nat morge unle�Lender��w to the merger in wdting.
<br /> . '� 7.Ac�ota�tjon o[La�d�'s�t�in 16e Propesiy.If Bomowa fail�w perform the covea�ab and a�eemeaa conhined ia
<br /> °``� tlua Socurity I�ucrumeat,or thene is a legal proceeding this miy dgnificaatly affect Leadar's rishts in tLe Pro�e�ty(a�cl►as a
<br /> --° proceeding in b�niuuPtaY�Pmb��►for condemoation ar forfdwn or to eaforce lawe or rogulations),tbea Lwder m�y do+�
<br /> WY for whatever is neces+ari'to Pr�t tho v�lue of the Property aad Leader'�d�hb in tho Prope�cy. Irender'�actioa�uny
<br /> includo p�Yin� mY � �ecund by a lim which has prtority over thie Security Instiummt, aPPea:in8 fn c.ourt. WY�B
<br /> rea�ooablo attoiaeYs'fee�and eateeing on tLe PropeKy w make rep�ir�.Althougb Leader aay t�lca�tan under thi�par�raph
<br /> '':� 7,Ieader doa not have W do eo.
<br /> �y �u d�sbursed by L,eader under thlo panSraPh 7 ehaU become +�ddidonal debt of Bormwa�ecured by tlu�
<br /> 5ecuiity lnstrummt.Udeas Borrower iad Leader RS�able,with InterostP u�notltlkse�moun��Il Borrowa re4uestioi
<br /> date of diabursemcnt st We Note rate�ad shall be psy P�
<br /> W9�.
<br /> 8.Mort��l��S�D�'If Leader i+e4uind m°rtSsSD insur�nce u a condition of makla�tho lan aeau+ed by tlui ty
<br /> Inst�ument. Bomnwa sh�ll psY tl�e Promiume requic+ed to msinhin the mort�age inwranca in effect. If. for u►y aawn. tLe
<br /> mortg�ge lnsur�nce eo�enSo n4uired by I.wder l�pses or cc+ue�w be in effect,Borrower shall pay the premiumt requir+ed to
<br /> oMain coverage sub�had�lly equivaleat to the mortgage Inaunaee pnvtowly�n effect,at a eat subetaatWly e4►dvdant ta the
<br /> cat to Barrower of the ma�t�gx in�urance pmvlously in offect,from aa altemate mortgage insunr apprnvai by Leader. If
<br /> sub�tantially equivalent mortg+�o insunnce eoverage is�at avail�Ale.Borroaer eball py to Leader aeh month s eum equal W
<br /> one-twelfth of tha ye�riy mortg+�Ye inwr�ac°p��b�8 Pud by Borrower whea the iu�surauoe covert�a up�ed or awed to
<br /> be in effec�I�er will�►ccept.uea�nd reuia theso psymanu as •lose r�aerve[n liw of modgsge in�urance. Loes reserve
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