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<br /> ., , � � . S. ��d or�ugerty iusa�aace B6trawer shall keep the irm�Tat�-�rats amw existiag or neceafter ececced oa tlie �''
<br /> :.� , PmPEnY iasured against loss by Hre. harards inciuded withia the cerm'exe�d coverage'and auy other haTards.iacludiag � -..
<br /> � � Ruods ar Qoodiag.Yor whic�1�ader requires insurance.7�is insnraace sh�li b�cuainreiaed in the amauats aad for the peiiods •. . . _
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<br /> . tbat Leader requi�es.The insurance carrier pnaviding the����*��shall be chosea by Sona�wec sub}ect to Leades's approval .. _ ..
<br /> _� � � . � whicG sha21 not be�mreasonably witGheEd. !t Bo:rower fa�is to ma;nr�;n coveiage des�'bed above. Le�nder may. at Lender's . --`-' -
<br /> ° ..�, .. Qptian.obtain ooverage w prpuct4Rnder's tigE+�s in the Ps�erry in acconlana wit6 paragrap6 7- .
<br /> ° ' �;� Ail insuraace policies and renewals shaq be aooeptab2e to[euder and stsall include a s�d tuortgage dance. lendsr -. - :,
<br /> �, . ��y� shall!�e We rig,ht to dnld the poliaes attd zenewa�ls.If I�z iequires,Bonower shall prompdy gi��ta Leader aIl reoeipts of _ -- -
<br /> paid premiwas aad reaea+al notimes.ln the event af{ass.Bairav►er shall give pmmpt�ouce to the�++��*anoe cazrier and Lender. `-� �`r
<br /> _:__:-- ,-,--:;- ls�der may make proof nf toss if no:made Pm�"b�'Bana�er. -- - -�
<br /> , , � •.' UNess Lender aa�Borrower ot�e�cvise z�e2 in miting,int�uaace pmceeds shal!be�pgli�d co iestoration o=rcpaQ af the - . .
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<br /> . . ' pmperty daa�aged.if the c�storatian os repaa is�oo�tamizally feauble and Ieadet's se�uiry is not Ies�ed.If the r�storarion ac ;:c;� =:-::
<br />_ � ' �epair is coi 000nomicalIy feasib2e or Lender's ser�uiry wauid be lessened,the ins�ce prooeads shaU be appliat w ate sium� -- - ":``���.,.�'
<br /> �.. � -. seotued by this Seauity Insunmea�urhet�r or not thea ctue,arith�y exc�ss paid to Bonower. If Bomowec abandons the: ' :,`.
<br />� � ' P�►pe�ty.or does not aaswer ta7thin 30 days a aoaoe f�m lr.nder e�at the insuranse carri�has offered to ssttle ff daim,theu ;`i�{`R�,,C�.���,
<br />� ' � .}; Lender may oollect tDe u�swat►tr prooeed.R l�nd�may n�the pmceads to rejeair or resrose the.Fcnperty nr ca pay su�s ': _� �' `,�
<br /> -.:'� secuied 1ry this Seauuy Instr�ea�whetIIer or aot ttten due.7'4e 3Q�ay period w7t 6egin when t�tvotiee is giveu. . ' ;.�.� ��
<br /> ' �;:� lfitess I,eader and Boima�er utherwise agcee iu wrning. anY aPPlic�don of pioceeds to grnndpat simll not extend or -,.��!s;y.=:�
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<br /> postpon�the due date of the moraWy payments referred to m paragraphs 1 and 2 or change the a�aunt of the payareats. If .. �•'# _
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<br /> ��-' ` ;%��; �P�B�21 the Pmperry�S acq�dred by I.ender,�omuwer's right co aay insuraaee polieies aad pmoeeds c�uIdng fmm ,�), : , .
<br /> ° f�;�•. da�nage to the Piuperty prior ta the acquisitioa shall pass to LEnder w the ex[ent of tt�e snm�s�by this Securi�f tnstn�ent � �kiy:. � "
<br /> 7' c' �-rl t�8t2�}t j1itOL t0 t118�t�011. . 'a• �-_
<br /> ` °�' 6.Qc�capauc�.lPteservattoa.Ma[ntwanae aad Protectlun of t�Ytop�tY:Borrower's I.oan Appltration:I.easeieot d�• -
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<br />- - .,. ,� Boimwer shaii ax�py,establish.and�the Progetty as�8oaowea's pc�cipal cesidence wit6ia sAty days after the exerutioaaf . ' °—.
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<br /> ' ,�,:'^ ttis Seauiry 1BSUUm�nt and shall amtinue to eocupy the Fmpeity as Boaower's pri.ncipat�esidence for at tea�t one yeas after � ''•��
<br /> : �:<•z the date of > - - -
<br />- .. , .:;,�: oaupaa�7►.ua2ess Leader otLenvise ag�nes ia�.vridng.which wasent s6ai�not 6e anrea.mnably wi[hhe2d,or�mIess -_
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<br /> -�-,. exteauating c�tances exist whic6 are heyoad Borrower's coatml. Borrower shaii not destray, damage or impair the
<br /> � •�: � Pcapertyr,aUow ihe Pmpeaty to deterlorste or commit araste on the Pmpeity. Bonower shall be ia defanit if any forfeiture r'�"
<br />-�� � =''��`�� " actian or mceedln .whether civil or criminal,is I�egun tLat in Leader's good faith judgment cautd cesutt in forfeiture of tfle : .� _i-=.
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<br /> ��.�. � �' f, �t+oFeny or otheiwise mateiialiy impait t�ke lien creaeed�r this Sewrity lnsutuneut or Le¢det's sec�ity.i�..�utower m�y �-
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<br />� . ., .;l'� w�e�stsb a default and zciastate.as pmvided ia patagraph i�,by causing the aaion or pcoceeding to be dis�isse�biii�a niling
<br /> ..:.�.;ak{t tYa�:i�i E�der's gaod faith detennination,precludes forfeitnme of the Sorrower's inteiest ia the Pcoperty Qi��aaterial
<br /> ;. � impairmew af the lien cceated by this 5�riry Instra�ent or iender's�surity iatetest. Bomower sball also It�'tu defautt If : -
<br /> � ', Borrower,duimg the loaa app)icatian pmcesg,gave mazeria]Iy faLse ar�ate informasion or statemetus to lrnd�(ar falled , t ��
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<br /> , , to pmvide I.ender with aay mateatal information)in conaaection�rith dte.ttr�s evideaced by the Note,iaclnding.bn�t�it Wnited ?: ��'° .
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<br /> to.rePreseatatIoas ooncerni.ag Boirower's oocupm�cy of�e Fm,pe�c�r:�a�cipal r�sidence.If tbis Securiry lnsavir�,�is on a �r � --
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<br /> ' �'`� :.�.1 leagehold, Borrower at�aII aomply�vith all the pmvtsians c��rJie�:;;�Borrower acqaires fee titte to d�e F�Sty,the j _ _
<br /> ---- �.U .:..:,f, leasehotd and ths:€ee title shalf�t merge uaiess LeQder ag�ee�tv;xt��. ... �ut writiug. ' '� ..---
<br /> � ,�; 7.Pi+oi�ot I.end�s Rtghts in thx Property.If E�rvet��.�i�,gerfotm the aovenants and agceements cantaiaed in �Y.--- -.�-
<br /> ' �: .. this S�ecuriry Ins't�ument,or there is a le�al pmceediag cfizc i�a:y�ffinificaatly affect I.euder's rights in the�opert}�{sucb as a ":?:•��- :�-�-
<br /> � `�`�';''�� "f � � ��in banIQUptcy,Pmbate.for coadembadon or for��or to enforoe laws�regWations).then I.eade.�.maay do an�! �: �_
<br /> '��'� �,: ,'�.�isr.'whazever is necessary to protect tt�e vatue of the l�erty and Lender's d�l�nn.the Propeny.Lender's.acuions may =_
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<br /> '�, . ., '., `#�n:is Payiag a�+ sums secured Dy a lien which has prioriry over thas Securi�r'Tr��ument, aPPeazing ia caurt. PaYing .
<br /> - a �easonabte ato��p,s,',fees apd eatedng on the Property to maIce:epaiis,�i�h Leader tnay take action under tDis paragaph �
<br /> , � ' , 7,l.eader doe�r,r�Yr�ve to do so. �:��,•,: .` ; ;.�: -
<br /> r s`�¢�,� r.f �AaY am�.t��$isbnis��.a,mder uader tlds Parag�'wFa T sbafi,l��e a�uu�nt�l de6t of Borrower s�d by this -
<br /> .' ,-����5���'! j!,�� ' Security Insuu��UWess�r�swrx aud l.eadet agree ta ca3's�tera�s 4t�aymenb '�°�-�amounts aha116eaz inte��t from the _ -^_
<br /> ;h, date of disb�r at the Ncte'rar�x�td dra�f•be payab'3��,��h iaz�u. upon norice from Leuder w Bmmwez recN�S ,�.��
<br />- .� • ''�,, ' � Paymcnt. � � � , , . �.�' . }. _-
<br /> - � � . , 8.Moa��iiinw�ance.If Lender s�`�:m�rtgage fasttrauee z,�s aundition of malsing the�z s�red by this Security - _ _ -
<br /> , ..� ta�r�ttent, ti�:m�a�r s�aU pay the premiuu�s�q,,aired r��i.��sriattSaia the mongage insurance in effeci:tf. for zt�,r-�ason,the :"�.. .-� '-
<br /> . �a,���coverage required by Lender."ia ses Qt;+imiar,��to be in eNea,Borrower shall PaY the Pmmi�}r�ired to ��, , r ;,.
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<br /> � oh�c,ove � �stan6a11y equiva�ent co the mongage insurahoe'paevionsly in effect,at a cost substan�ally equi�l�nt to the�; ;�
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<br /> . . .'", i cas[co Bo�a�the mongage insurance Previoustyr ln effea,fta�a�aitemate mortgage insurer approved by lxa8er. �'. ' �•!.'r;_;{f,�� ' .
<br /> �:'c, substanaally e�arient mortgage iaturance caverage is not available.SoYmwer shall pay to i.ender eacD montD a sum equa!t?s � :: r' , 'n;`
<br /> , ���, . one-twelftb of the yearly mortgage;���*pnce premium being yatd by Borrower when the ins�ranoe ooverage tapsed or ceased to ,�tv t
<br /> , �,,;,�: , be in effect.I.ender wi11 aecept;use aad retain thesc payn�ents aa a toss reserve in tiai�of mortg,a�e in5urance. Loss resenre ' ;�' ` •,
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