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<br /> • { � �--=x , 5. Ht�zarel oa Fmggsty ins�nenoe. Bmnt'�ea sh�lti.�p�the itaprovements naw existid�tat he on the
<br /> _ �Z . .
<br /> _ �`�f� ',- PraFterty.insuted againsc tass by fue.hazardsr i�iclu���tnl�i�f►�the,iasm.•eAReaded eoverage' and any other hazt+rds. iuclnd'ang �•
<br /> _ ce shall be mainwiued in the atnuunts and for the periads ::"�
<br /> ftao8s or tIooding,for which i�der requites iusU�:'�ft�1s� .
<br /> .. � .. cbat Leader zeq�. 7he insuraAOe carr�es,ptqv3cl�n}��i�f�r:�t�Sqt?aue.shali b�chosea by Borrawer subject to lendets apgroval .
<br /> ;' , �, a+htch shall not be unreasanablyt��+itbheld.,if,Rc�rt�l�s�#�fti ta,maintain coverage descn'bed a6ove. Lender aray,at Lender's
<br /> , . � optioa.obtain aoverage to protect l:en�tti�:�t�i��tbb�tpfiert��t�in�axordaase wi�h Para$mDb 7. `f °`.;;.
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<br /> . .ti � ' All iasuraace polides eatl;rac�w:�t�s3i7�l,be�}1t�tt�.tq.Eender and�snrll�.ii��lude a scandard atortgage claus�. Leader ` .
<br /> . �;:- # shail hsive the�igAt to 6atd the poSicies and�i�i�V'.r:tt�.�if:��..�'+@quims.Boml�}��li�i�FromPUJ►@ive to Lender alt�eoeipts of ' , -
<br /> _ p a i d gremi u m s a a d r e n e w a l n o t i a e s.i n,t h�e�v�u t�a�E m���t 4 x i y i��{g�sh�1 1 g[ve P r a m p tind�ice co the msvranc�carrier aud L�der.
<br /> l,ender may�mat�e proof of toss if aot��dtr�ptsititptll+.��ye,�m�tflt�n� Ited w reatoration or repait of the
<br /> _ ,�.c�.<.� Borrower ath �� :.iN�c�?it� ';;'s,11tt�!�'Aroseeds shail Ue app' . .
<br /> __ Untess Iendcz�tmd �Ys �' �:�. �.
<br /> en
<br /> - . pmgecty damaged,if the restor�ioa.or tqjir�'in a�rdpt�uu�lt��tittr�ri�.t�ender's s�uiry is aac tes�ea�.If�th�rrstaratFori ar -
<br /> � ;
<br /> s , , . _ repair•is not esaunomicallY fea�itilw ar:L•endot's�ttrtt���w�+il�Eti�tcssened.the Insuraace prooeeds shaU be ag�rliM w ttise sums � _:.
<br /> ' �`� ' � � sec�ued by tbis SecvritY iust�ntn�t::Rnc��i�a cm�uit�tlitra:diiQ..Witb�any eacess paid to Sorrower. If BosraW..Tr:abaudoas the :;} :
<br /> , ; Pcopertg.or do�;t�bt anstver witLS�a�34�Qq���a�AU�Iit���IS�t�T�antter tLtt the iasu:ance carricr t�as ofFered to setcle a claim,thea '� :
<br /> a::`f;�;. Leadec may coltect We insuranse pt+aic�d�t L�uc�mi��i�e iha pmseeds.co,rcgair or rescare t6e PiopertY or to pay s�ms , 4 3 `'
<br /> .,.3: . • secured hy this Seauit5►Insai���tti:ti�liP�dt;d�lpi�t�ie4�due.lhe 30-dsy,periad,W�llib�gin when the aotice is giveu. .� •.
<br /> � � ' Uniess i.e�der and Bat�c��i�icc�t�f�er�a$t�e.ii�i,wriring. aaY aPPUcatlaD� �qlfr,,'��t(i�teeds to principal sLall not eatend or
<br /> ,..:�s;��:s'° ..�� ' postpone the dne date of,tliP�4�t}!"RaYm�n?arefema4����m P�Phs 1 and:2•ois��aage We amount of the payments. If' �
<br /> :�':-�:�-}=;;',,, ` .b Lettdet�BOIIdWEL'S.L��t[�D SA}�inc�ran��•ppliCiCS at�d pm�2eds teSUltiIIg f[Om
<br /> t.. .�.: . . _ ��: under patagraph,Tt the Pmpertg,�is�c�tte�. Y•` '. -
<br /> - 4 �='�- damage to the PRUp�rty prior to tfts acqqi�it��•s�U�Bass to I�nder,tq�t�e extent of the sums s�aued by this Seciu�►Ins�• .
<br /> '�•• immrll-i_a.,,gr ly pTiOT LO[$B aCqUI51ti0n, 1' ' . . �
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<br /> ,�;; . � .��-.�I��9.PrrservatEon,MsiMamnt�$tid��►r.rtf!�csian of it�e Pmperty:Borrowe�'s Loan�pplIcattani Y.ase6oIds. , , ,
<br /> ` � �H�rrr�m+er shalI accapy.esimbS�I�.�aiid�as�tiss Fiop�f�+t�ti��l4r��'s P�al residena�within sixry dags after•th.execution of �`� ,:;..
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<br /> -' ' ..�:�;%s." ' � � this Sec'uciiy InsT[s�meIIL aud sri2liu�isll�IIpe Tp oCCi1PY�ttler Ampeity as Borrowec's principal re.Sideace for az least ons year aftcr ,�.r,..
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<br /> — Y�� • [he daze of arcnpa�c.y.untess�Lender at�e ag�ia wric�S.whic6 consent sl�ait ant he un�asonabIY witt�eld,or ualess t _
<br /> ``i�: ` exteauating cimjusiances exist afiich az�"1�rond Borrower's wntrol. Bormwer shali not destroy, daa�►ge ur imPair die ,:
<br /> . . �;a.;,s�. Bormwet shatl ba in defanit if aay forfeiture `' ,..�:
<br /> ProPertS►,allow tF�e Property to d�eri�°tir oomaut wazte on the Propetty.
<br /> � . �.'��r'•�� action or pm�eeding,whettier civs�or cfmoanal,is beg�m that in Leader's good faith"judgment wnid cea�it ia forfertute of the �-;:!`'�
<br /> . . : �:, ' Property ar athe�wise mase�T,�:�mFair the Uen created by this Seautty Instrumeiai ar Leader's ses�ritY iaterest.Borrawer may -
<br /> �,-_,:`__ ._ ; cure such a defanl��aad r�5 as provided in paragraph 18,bY�using the aaioa or pmceeding w 6e d�ed whh a tuting -..
<br /> �. ...� , . '`�`�? .that, in 1�nde�`�.�js4d�fa�de�eimiaadan, Pieclude.s forfeiw:+a a�tt���arrower's iatemst in the Pmperty or othcr materiat . .,L._
<br /> , � ' �: impairmeat af tfYe,'s:e��'�.bY this S�arit�Insuument or Irade���ciirl�► interest.Eorrower sbaU alsa be ia dsfauIt if �;.
<br /> ` ;��a��r,_ ;'� E�movier,darin�.°t�e��.a�..+�o P B faise or'' vlficmation or statements w Laader(or faited �
<br /> �;��h�'> � ` `�'�`� � Cu`�ior+ide�ce�c��kd���i: '�ial informasioay in caanection with the loafl ev:de�EceduY tbe Note,inclmdiitg,.t��otlimited ��%���,
<br /> �}'����•;`'.� `;; � �� ' t3�nrcocver's acrupaacy of the Pcope:ty as aprin p nsidence.tf[Wa Secarity�is on a
<br />.'� �,•.:. ,. �i•'. �i ta,tepresea�ari�ia:�` � ":
<br /> 1 Rr•:,� �;i&e rovisions of the lease. If Borrower acqui�s fee titie to t��`•�bFeril►• `"''
<br /> ��ti.<.�`r} tea�hotd, �t��er•sba�ctt�y P . , �' ��..
<br /> , . . . ,.. ' ;r•�n,
<br /> �- �'' lcasehotd and t�i�fe�`title�`n,�.�,�a�it a�ter��t�}�ss Leader agr�ees to the merger in writing. . . f���,
<br /> .,i '::% ,',.: 7.protedton�f L�C�-, +�'�6ts in t�e Prope�y.If Bortower fails to perforris the covenants and agree�s contaiaed�a ;;
<br /> u ; .•�, sucL as a
<br /> i' this Securiry Insu�u�`:i��is a legal procxeding dtat maY sigaiftt�ndY effecC i.e�tder's rights ia the�ty( �::<
<br /> � � _ ' praceeding in fs��,�r�a,:�bate,for condemnation or forfeit�m¢or to e�fo�e la�rs or n�gulations).thea i�m�Y do and i,
<br /> . - -- PaY for wLaoa�rac its�ar5+to pmtect the value of the ProPertY aqd.'Isnder's rights ia the Property. Leuder's�ctivns a�ay ,:,y
<br /> a,�.: � iactude payu�srs;i; �scxured bY a lien wiuch has prioriry as+��r}ix Securiry Instn�ment, aPPeazing.�caurt. P83►ing Ylp%;
<br /> ��...`r•.., ., �•,�. rcasoaable attp�s',fees'�ii�enterIng on the Piuperty to matce rep�:,l4;aliough Lender may take ac�tion�r��t�ils P��Db =,-yz
<br /> ''. ��= 7.Lender do�.n�t aave�i:d�s so. , �. � ;� �
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<br /> ,�,,�`�. Any a�m�$ disbwsed by Lender�md�r this paragraph T ds�?t;hecome additional deY�t of,Borroi�es eaaued by this ��
<br /> ��.:.
<br /> .. ,,���, Sccutity ias�rrm'�t.llnless Borrower aat��eader agree to other tC�.s of payaiep�th�se amouus�sTia}L tse�'�::rerest from the . � .�
<br /> t;d ,.
<br /> °,� + date of disbr.��rst�at the Note tate�:�all be pay�ble. wittt iuterest. apon noNce from P�ie�c�a ►a'�rrower requestiag
<br /> ,��_r � -.. . � ' •' ' ; ¢lj"'_;,
<br /> ;pa3�ment. .. _
<br /> .;:, .8.14fo�e Iasurar�Y-.If Leader cequired utortgage insuraace as a condidon of making the loan secured bY Wia Security ,�-�.:
<br /> , ' � .� lnstrument:�Bqtr�ower shrc�l:,�w.y the premivaos required to maiutain the mostgage iasuraace in effect. If. for any reasan. tlie �,r;-;
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<br /> . .. ;,:,': m9rtgage in�ir�covera8e reqvlred bY Lender lapses or ceases to be ia effect, 8orrower s1�aU�pay the premiums required ta ,
<br /> . �- '.•�;: �j��.���,'r ivatent ta the mortgage insurance previously in effect,az a cost substantially equivaleat to the �
<br /> . . s,�stantiallY�N -
<br /> � ; .soc�s.���a lBO��s�tli�znr�$age insuiance previouff� iu effert, from an attem�e�mortgage insurer approved by Lender. If ":
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<br /> , • ���. t'� '��anrially�equiv��ut.r��.'"'�,e insWanoe cove�g�is�C ava�able.Borroaer sbakL pay to Lrader each monW a sum equal to ' ,�_
<br /> � _ �,.
<br /> � . . . one-twelftb of the yeariy���insv�ace P����P�d by Borrower ahea We insurance ooverage lapsed or ceased to t��,�,�,.
<br /> � ?�.•
<br />- ..���i:�� be in effect.Lender wi11�T,�us��d���se payments as a loss reserve in tieu of aiortgage inswance. Loss resen►e
<br /> �;.
<br /> .: . .:, �.s � . Form 8028 8190 .;.�
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