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<br /> . ' ,,; 5. Na�ard os Propeet` lasuraace. Bc�rrcmcr ,hall hecp t� itr.pnnen:c�u. nm� exi.ting or het�sfter erectc>t v:t the
<br />::`wi: .•u � ['mpert�• n�.��nd ag;iin,f to,� 6v fire. h;u.ant. inrladctii within the term "erttn�r!�o��eraFe' an.f am uJtcr h:rz;i.��f... irntuding
<br />"=��::::.`:.���• •� � -�t tT�wd.r s+r flc�ading.for�tihirh Lxnder n�uim insprsnce. "fhi�in�urance�hait be cnaintaini�!iri the a�:�,unt>:utd fi�r the�riid,
<br /> �4°. i ' that l.ender rcquir.�. Thc inwr�nrc cssricr pr�n�idins;thc in+urance.hsi! bc cho.�n M I3��rn��irr+�tt*t�'rt ta[xader's aa�rn�aE ,
<br /> �' `' � �hich �1:;�1 not hc unna•onahl}• ��i,hts�Jd. If Borra�cer fail.ta nt•rintain�r�ti�erage��-ciN� :tbotie. l.eadcr nu}. at lxr.�i�i. .
<br /> " .°�' optiuo,ubtain n1��.r,Eee t��rutat Lend�r's ughtc in thc Pmpen} in a.rorwnm aith��-�r�ph 7. "
<br />_,..,.,`.....'_� _�. ., A!!insurance puliciet and rencw•ats sh•r!t be�z�eptabte tu l.ender:ui�.�! irsc[ecdt a�Eandard nrong�gz ctau�e. Lemier
<br /> . . :;-`, stuf!tta�e ohc rigtlt to hoi�the policics and renr���ts.If Lrndn r�uircs. Bom•�►er ahall promptl}give to l.ender a!!re��eipts af ,
<br /> ' . . °` }+aid premiunu and re�re«�a!notic�.in the e�ent oF G�.s.&�rru«�er�hall gi��e pn��npt nutice to t�e insur,u►ce qrrier and Lender.
<br /> =---.---��-- ,�= Lender m�y m�ice proc�f of tacs if not made pmmplt}�b}Borro��er. '
<br /> �-�-"��� UnIess ixnder a�&�rnnce�othenvi�e:�ret u►aaiting.ir►muran�Y pr�h�d:�t►a!1 bz apptied tn resuxatian ar�rpair of the . -.
<br /> _ , Property dam:�ged.if tt��restorsti�n or repair is emnomirslly fea+ible and l.e:a3z�s iccurity is not tessened. [f fhe resroiation or
<br /> cepair is not econonuralty fe�ible or Lender's securit}n•outd tx. lessened,the insnr.u�ee proceeds�hal1 be�plied to the sums , 1:`��.`'
<br /> ...��:�' '.' . �.. secuced by this Secvrit} IasttumPnt..�hether�,r not then dae. with a�i} excYSS paid tv Borro�cer. tf Borcower a[iaitd�ons:ttte ��
<br /> "-- '-- ��.- •-� �-' Pmpert}•or does nat ancarr���itt►in 30 da�s a notioe ftom Le�er tha�the insuranoe catrier lia�of)'ered m settic a.clnim..then �;`_`-
<br />` - � Lender collect the i�surance" roce�eds. Lender ma• ace the ra�eeds to r ot mstore d�e Pro or to sums '�•```"'
<br /> . �Y P } P � Pertl' f�Y • F�2�°�
<br />_ .�` b� secured by this Securiry lnsdumeai:whetiier ur not then due.The 30-day periaci wilt•�n w�en ihe cwtice�i�givae. `s`;":'
<br /> . ��`�'> Unless Lender and Borro�ver otherwrise agree in u-riting. any apATiratioo of praceeds to prirtcipa! sball not eactead or ;f;-
<br /> ,{ . ,.•- . , ;,,�
<br /> --- � _ postpoae the due date of the monthly payments refcried w in garagraphs t and 2 or change the amour►t a£the payments. If
<br /> �`.r `' :. :_- urnfer h 21.the Pco �s ired b Lender.8or%wer's co amr insuxance hcies and roceeds from '
<br /> 1�S�P P�rtS'� �? Y � Po� � P ��
<br /> ; ": �.•lR.• damage to dre Ptoyenl+Friar to the 3oquisition sha11 pass to lsm�er w the extent of the sums secured by this Sewrity Insuuateat . ,
<br /> � • �Y Paor tQ tise acquis'stion. . . -
<br /> � . �:�`•�_�` 6.O�st�yyeattcy.�a4ion.ltiainienactce and Protecttom of tite�tup¢rdg:8orro�'s Loan Ap��on.Lpas�otds.
<br />, � � Borrower sha11 occapy.e�r6lish.and ase che Property as Borroc��er s priacipaE resideace N+ithin sinty days after the execcnion of .
<br /> . , . .� , .3 th'ss Securiry lastn+*n�aad shall maeinue to occupy the Fr�r�ty as BorroNet's priacipa)ee�i�dence for at least one yar.after `'•�..
<br /> `1 r�` ''y the date of occupaney.unless I.eucfer ot&,envise a�es�in writing.which eonseat shall nnt b�nnreasonably wiWhe[d.or r.utless �
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<br /> � "� �? ^,�`:_:;., eatenuating ciccunutances e��ist sarhicih�re beyond Borrower s control. Bomawer sl�ll svJC. destroy. damage or imm�sir the -
<br /> . _. ... :�:'v j:�'. Property,allow tAe Peo�eity to deqtv�omte.or commit waste on the Prope�tg:Borrower shall 6e in defauit if any forfeiture �� .;{'z;=
<br /> ' ' aaion or pmceeding,whether civil or criminal.is begun that ia l.ender's gao��faith judgment wuld resuSe ioi:fadeiture of tl�ee ,
<br /> . :". - . � .;�Property or otherwise mazerialIy impair the lien created by this Serurity lnsuument or Lender's security idte�st.Bormwer may �'.`:
<br /> • , -�,�,°.;' 'cure such a defante and reinstate.as provided in paragraph I8,by carising the action or pmceadis�g to be dissnissed witie a cri[ing
<br /> • =;�: : that. in'i.ender s gaud f�itl►detemunuaon.preclades forfeitare of t[�e Horm�arer's interest in the Pmpert�ar ot6er u�a3r�eeial . .� ::
<br /> _ � impairment of the lieis a�eated by this Security Inspument or Leader's s�cviiiy, interest. Borrower shat6•a�i be in default if �,,'.
<br /> -__ - - _ . � Borrower.duriag the toazaappticatIon process.gave materially false or ina�e ifiom�ation or statemea.t�t�•�ader(or t'aited ;:;; ,;�.:
<br /> '" f�t��' � to provide Lender with aziy material infomiation)in connection with the laau��+cfdeaced by ttte Nate.'�►"�'�but not limited *, �•
<br /> 7 ��.•,.ti� � .r� ,:
<br /> , ': `� �'�•*f to,representations conceming Borc+�iK�x's occupancy of the PropPrty As a pr��rspal residenoe Hf this Seatii.t};�wnent is on a �:
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<br /> , ., ta•.<� �� � ;.`,�Qeasehold. Borrower shaU oomply:�,,�r�r11 the proytsions of.r�Pe�se. If$orrower acqum�fee titte rcr,�.Property. the ..T -
<br /> '`• ��`:-i� .teasehold arcd the fet�tt��ll noi me�ge r�unless L�.a�tu����erger i�'+�riting. �' c--
<br /> ,. ` � ��:., ",..�, 7.Protedlom o6�ubtrr'a Rigbts to the P�y�LE$o�-�:fails to perform the cowenanu and ag�3nts contaiu�d'.iu-,�
<br /> ` .�`��-'s Secudty Instrumez�s:�or there is a legal Procee�tng that a�'q;y-�ificandy affect Lender's rights in the Property lsud�t:�� . . ��
<br /> � ---- •'-'.��°�- : '' � �iJR ba4kiuplCy.probate.for condemnadon or fodez�+c:�r to enforce laws or regulations).then Lender�r tiY�.s�id, ��';
<br /> • '' pt�'�t.,. . . .. . �:�_
<br /> ' pay fof°e�etver is necessary to pmtect the vaiae of the Pro�,'�,and Lender s rights in the Property. Laercder s acdaaa Ynay —__
<br />', � � • _ , im;lude paying any �ts secured by a lien which has priority over this Security lactniment. appearing in caurt. paying =
<br />- -, reasonabte attomeys'�'�:�nd entering on the PropeRy to make tepairs.Althougfi Lender may take action under this paragrgph ___
<br /> " . • � '��`: 7.Lender daes not ha�,�arr��o so. ,
<br /> - � "` Any amnunts disba�sed by..�;�sit�r under�this paragraph,? shall become additionai de6t of Borrower sea�red by this =-
<br /> . '� '�,}�`��,!;n�'; Securrny Instrument. Unless�oaQ�{�3s�d I.ender agree to asx�r.-�;�m�s of payment. these a,,�ts shall bear inte�est from the !_
<br /> • date of disbursement at the Note ratel�id shall 6e payable.wr�:���nterest. t�yon notice.frs�r•4:ender to.Borrower requesting ��.
<br /> • . �`� payment. , . ,.'. �., .
<br /> _ . . : 8.Mortgage Iasnrance.if Lendet r�quired morsgage instrr��c�as.a cc,rx��.��irin of malsing the loan sea�i�i 6y this Security ���.
<br />� . .' 'lnstrument. Borrower shall pay the Premiums required to��a,deu�.5e mortgage insurance in effect. If:��:any �rasarE,..ihe �''•�
<br /> � .• . �. -. mong�¢�insurance coverage reqvired by Lender tapses or c�.�;��1��5e in effect.Borrower shali pay the premiums �iisn,i;1n A._;
<br /> ' � abtain coverage subst2��tly equivalent to the mor�age inSud�aape�►:rviously in effect.at a cost substantially equivai�t��j4�e �, . � y
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<br /> . - . co s t tv B omower o f i i iir.rnc�rtgage insurance pr e v d�x�r:�� in e f t E ti�;��r o m a n a l t e m a t e m o rt g a g e i n su r e r a p p r+a v e d b y L e�i�i:(f ,`,. �_��
<br /> �: substanrialty eguivaiea�isi�rlgage ituurance coverr�;'i+�'�ot���[a.I�le.Borrower shall pay to Lendereach month a sum eqtial to
<br /> _�---.--_- _-, �ae-t��elfth of she yearly mongage�srance premium 6einv�rY Fsy Borrower when the insurance covemge lapsed vt o�csii�d to �'���•
<br /> . . • . . be in effect. Lender will aocept.�;u�iL'�ret�n these�aymer,ts�l�: �:toss reserve in lien of mortgage insurance. Loss;r�senre , �':;.
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