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<br /> S.Harard or Property L�surance. Bo�rawu shall kxp the improvert�t�now exisdng a hereaftaerec►od on th�Pr°PertY _
<br /> insurod�gainst bs�by tin,tw�uds Includal whhin tha tam "exter�dod covenge" end any otbu ha�rds�including floods a _
<br /> Q�oding,for whi�h I.enAer roqutres insurence.This insursmce shaU be maintsined in tha amounts end for the p�slods thu Lendu �,
<br /> ��din �he insnrence sh�ll be choscn by Horrowu subject to Lcridca's�PPm'�1 which shall not �-
<br /> roquires.'il�e insur�nce caRier pto B
<br /> be unre�on�bly withhoid.If Bormwa fails to mainUin covu�ge described above. Lenda may�at l.eader's opdon. abteit►
<br /> covuage to pcol�ect I.enda'a rights in 1he pcoptitY in accadance with paragroph 7. a clause.Lendu shaU
<br /> All insuranc�Policies md rasewils shall be aocept�bb to l.ender u�d shall include a standard mortBeB
<br /> have the dgbt to hold ihe policits md ra�ewals.It Lentkr raluires�Barrowtr shall pron►P�Y S1Ve w I,rnc�a ali receipu+of paid _
<br /> premiums and cenewal notioes.In tha eva►t oI loss.Barower ahall give pcomPt notice w the insura�ct cxriu and Lender.I.endu !
<br /> msy ms�ke proof of bss if not m�de promptlY EY Borrowa.
<br /> Un1as I.ei►der and Barowa othawhe s�roe in wridng,insu�anoe pr000eds ahall be appliod to rator�tion or re��r of the
<br /> . plropercy dam�ged�if the reswrarion a repair is ocawmicallY featibb u�d L�enda's socurity�C not kssrned.If the restoration os
<br /> r�ai�ia not 000twmkaltY feaslble a L.encfa's socuriry would ba lessenod.tha ins►uanoe Pcooeeds sh�b�APPIbd W the sums
<br /> socuced by this Sxuriry Instrumu►t, whetha a noc thu� doe,with any eaass paid w Barowa. If Borcowu a6ondons the
<br /> propertY.a does aot answer within 30 days a notice from Lender dnt the ins�u�►oa carrier has off o �sums seeurod
<br /> Lxndet may cotjett thc insursnce proceeds.Lende�r may�tLe proceod.s W rc�ir a'nstore the Property _
<br /> by this Socoriry Iaswmenb wt�her or not�hen due.'ll�e 30�day period wUl be6in when the aorice is givcn.
<br /> Unless I,.aida u�d Sarowa othawisa egra�n wrldnB.anY�PP�of prooaods to pslnciP�l s�ull not eatend or postpsno
<br /> d�e duc date of the mouthlY PaYments nfernd�°�►p�a�'�P�s 1 and 2 or change thu amount of the p�yme�►ts.If undU 1�araS�Pe
<br /> 21 tha Pmpaty is acquired by L�ender�Barnwec's rlght w any insiuru�ce Polic3es and proceeds resuldng from demag
<br />_ ' �Y I����lulsition shall pass to Lu►der to the wctent of the sums seeored by this SauritY Instruument immediately
<br /> prbr to tbe acquistdon. Borrowar's I.an AppUcation;La�eholds.
<br /> f.Oocups�,Peexn'atbe.lNRintenana asd Peot�ction ot the P�'ope�3
<br />- Borrower stull occupy,esmblish.and use tbe Pmpc�ty a4 Bomower's principad residence wlthin sixty dtys aftex the executio�a of
<br /> thi�Socurity Inshum�nt and st�all continue co oocupy the Pmpaty as Bormwu's princfpai residence fot�t kast one year dur the
<br /> date of oocups�cy. wikss I.ender othavvLse a�oes in writinng,wioich consent al�aU not be unrea.�b1Y withheld. or wukss
<br /> c,►�xtt�tia8 t�nc:ss�tosscc�e�s3st�!+h�h are heyond Borrower's cont�al. Homowu sball be� aefauic�'�any ioc��� sci�an��
<br /> aUaw the Propaty oo dda�iaate. or commit wau�a an the PmpertY.
<br /> whetha civil ar�.1s begun that in L�endu's good faith judgment could result in Ea[eiwre of the Frop�ty a
<br /> att�e�Lyagtmtulelly imPair tlie Iien crwted by thi�Securiry Instnimel►t or L.uxkr's security int�uast_ Bormwes may cure such a
<br /> • default urd teinetate,u provided in paragraph 18. bY causin8 tLe acdon a p�+aceedin8 to be dlsmi�ed with a rulln8 tbat,fn
<br /> Leader's goo�J faid►detamjnadon.Proctudes forteiuue of the Boimwex's intuest in[he Proparty a ot�x �impa�maent of
<br /> the Ika creat�d by this Sacurity Insuument a Lendes's securitY lntaes�Borrowa shall also be In defwk it Sorcoaer.d�rin�tha
<br /> ' loen applicatbn process.gave ma�aiallY fa3sa ur uw�x:wati:b�far�ss:.tfoss ar�.sta�ata n�T.�,rwt�i(or f�fled w Dxavido I�ec►dar with
<br /> � aay matesial infonnadon) in connoction with the loan evidenced by the Note, iaclading,but not limited a. represe�tatlons
<br /> � c�onoemin8 Botrowcx's oaupency of the ProPertY as a Pclncipal rasidence.If this Securlry Instrumrnt v on i lea�ehold.Barower
<br /> shall comply with all tha provisions of the kago.If Horrowa acquires fa titk to the PmputY•the kasdioM end the fee tltZe sbell
<br /> not mage unkss I�ender a�es to tt►e a�erga in wrld.�g. ta conained in
<br /> � 7.Protectioi o�I.rnder'e Ri`6ts in t6e Property. If Boimwer fai]a to perform the cc�venants and agreemen
<br /> this Sxurlty Insuumau,or �here is a kgal piaoaedinB that maY gign�x�naY affxt I.ender's righis N tiie PmpatY(such av a
<br /> � procood�ng in banlavptay,Pmbau�for condcmnadon or forfeiwre or to a►force laws a regulatiau),�er's acdons may include
<br /> fa whutava is nec�ry to protect the vslue of the Pcopeay md Lenda's dgt�ts in tha Pro�tY• �aourt.PaYinB naoo�nable
<br /> WY�6 �Y sums secured by a li�ai whict► h�s priarity over th9s Secorlty Insuument, appe�rin8 7,I.eaider
<br /> - �ys' foos and eaeaing on tho Propaey to make te}Pa�rs.Although I.ender may take action nr►da ehis paregtaph
<br /> does not have W do so.
<br /> Any amounts disburxd by L.ender under this paragranit 7 shall become addidonal debt of Barowtr secured by thls Sxurity
<br /> Instnunen�Unless Borrowa and L�der e8cee w other tama of payment,these anwunts shall bear irnaest from the date of
<br /> disbu�sement at the Nou rau end shsll be payabk.wlth ia�taest,upon nodce from L�du w Sorrower requestinB PaYmen�
<br /> a.Mortga�e InsarAace. If Lendex roquired matgage insurance as a condtdon ot making the lon secund by this Security
<br /> Instnunen�Barowa sMll pay the premiums requind to maintein the matgage insurance in effx` If. for any rcason.the
<br /> nxxtgage inturance covaago required by I.endu lapses or ceases to ba in effoct,Bamwa stwU paJ the Premiums reqtnred to
<br />-= obtain covaage subatand�lly oqutvalent to the mortgage inswanrre pc�viously in e�'c:ct,ac a cost suDst�ndally eci�ivale�a to the
<br /> — cost w Ban�wer of the moitgage insurance proviously in effo�t,from an alurnate mo�tgage inswy' �pPmvod by Lenda. If
<br />-= subslandally oquivaknt moctgega insurance coverage is not available.Borrower shall paY to Lender each moc�th a sum equal no
<br /> -- onatwelfth of the yeacly matgage insurance premium being paid by Bonrower when the insurance covcrage lapsed or ceasod tn
<br />-� be in effcc� Lender wUi accePt,use and retain L"s�se payments as a loss rese�ve in liw of matgag�iasurs�nce.Loss resave
<br /> � Form SO�s O/�0
<br />-_ �,AR(NEjloxt2l.et Pap�3ote Imuat�: -
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