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<br /> - ; S..H�rd ar IINO�eriy In�st�&t�re. Borrawer ehap iceep tha improvements�w eaistiag or heceafter erected � tLe !, s _ .:
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<br /> . ° �:-;,, p r a,p e r�j,insured a g a i n s t tosv b y tire.hamsds incladod aritL3�the term'axteaded wvetage'aad any oWer harards.iactuding b`� _ :,:�
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<br /> ' ftoods or tteed3ag�for whtcb ieader iequi�s insurance.'Ibi�insuraaca shal!be mainmined in We amounte a a d for t h a peic e d s � . . . -`-�;��:��
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<br /> ; thcit Letadet cEqulres.7hs ipsurance¢arrier pmviding the iasursttccs shaU be chosen b 8mrower su6' t tn te�er s val. s < =:,.,:::�,
<br /> ` � wh�ch shall not ba uana�anablat wltbheld if Borrower fails to maintain ooveaage descn'bod abov0. Lmder may> at I.�de�'s �
<br /> � . • ' `. opt�oa.ebtain covetago w protect Lender'e rig�te in tha Ft+eperiy in accoNance wItb paragraQh 7. . t . � ,•<
<br /> � `� All tapu�rtce pottcies and tsnewals stiaU Ae aoceptable to Ixudet ead ahaU iac(tWe a standaid,mortgage clsu�e. Landt� ;� : �:,,,,s`�
<br /> � shWl have tha rig4tL to hoW the poticies and reaewels.If tendxr requir+os.8orrower shall PmmPVY 8�va to leadar all teoei}�tu a��; : � `� . �. '
<br /> � ..3 P�Pr�emiums aad�no�a+al natices.ln the eveat of toss.Botraaer shall give prump!mottce to the ias�uaaoe canier and:I�nittm: 4. " . •, ;;•'
<br /> ,� Irader may make ptaof nf t�if not mado PromPtt3►bY Bormwer. ---- ._-'`----=''
<br /> _. . _•�=-;� Unlesa l�der aad Sorto�ver otheswise agree in aniting.insur�nce proceed9 shall be appliad to restoration or npair.of the �-`- --- , `;�.
<br /> � � p i r opaty d a m a g e d.t f t h e�t o r a s ien or r e p a i r i s e c o n o m i�a i l y f e a s i b l e a n d l e a d e r's s e c u r i ry i s n o t�a e d.ff t Le r a s w r a t ion or. + � <"•F l:
<br /> � . • repair is not ecoaomically feasibte or LRmdar's seauiry arontd 6e Iesseaad.the insurance procoeda shall be appliad w.the sum� .._. .. '`. _ �
<br /> � . - sxured by t�tis Security Iasttument,wh�Itee or aot then due.crith any excesv paid w Bonoiver. If Bormwer abaadona tbe ' .
<br /> . Propeety,or daes aot auswer aritbia 30 days a notice from i�ades that the iasivaace cariier has offeied to sealo a claim.d�n --- ��' `
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<br /> � Lender may coltect the insutance ptoc�eeds. Leadet may usc tha praceals to�gair or iesW:e the Propeity or to Qay sums ,
<br /> ` soeured by tbis Secnrity Iastittmeat,arhetltet or not Wea duo.'[1te 30�ds�y periQd w716eg'tn whea tlte aalice is givs�v. --;:.�_r�-:
<br /> � ` Untesq Lender and Barrowet otI�rwisa ag�ee in writin8, �Y BPPlication of proceeds to.prittsipat s6all not exiend.or. _ `� .'
<br /> : postpone the due date of the monthly payuneats refened w in para�ruphs 1 aad 2 or c6ange die aaro+mt of the gaym-.�tA If: .' � ' "�'`
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<br /> ��F��PL 21 the P�oFerty is acquired by leader,Bor:owePs ri$ht w ainy iasivaaoe potieiss and pmcexds tesatting fmsn, , -
<br /> ' : .. d�ago w the Ptn�ety prior w the acqui�tion shalt pass w Leuder to the exteat of the s�mns secund 6y Wis�ec�uity Iaatsumeat ;s; `.�.,��.
<br />: ' tmmed"u�tely P�or ta tbe scqnisiqon. � : '. �;
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<br /> ,- 6.Qaaipan�g,Ft�sa�va8an.�e aad Avt�oa of tbe Rbg�ty;Barrow�'s Iao�h@gffmtio�..�:�olds. r •- �.=�=::
<br /> ' `�-� Sotmwer ahall occagy,estu6lish,aad ase dte Fc+upeirty as Barroarer's priacipal tesidenoe wiWin sixEY�dkys after ths e�cuHanof. ���.
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<br /> ' 'Q�i,e Secur'tty inattumeat aIId sitaIt ceatame to�oc�upy t�e Ptoge�ty as Sanuwer's principal nside�ce for at l�tm,ayeacr�r �.`'. _'�'"--
<br /> °•; �:`'` the date of acxupancy,unless Iruder_othetwise ag�ees in writing.ahich conseat sL�ll aot 6e�nably withh�i;d:or uaIess -- - -�.-��a'
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<br /> . ea�iug einvmstanoes e�dst �uh[e!a are beyond $anower's coauol. Bomower sWdl aot destcay. dama�e.or impair the ,.. ;�_,
<br /> "' A+o�ty.eltaar the Ptopetty w deuris�r� ar commii arassc on t�a Pmpecty. Borrower sbaU be in default if any forfeihttis �
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<br /> r action ar pmcxedins.whether civ7 or c:imiael,is be�m tLat ia Lender's goad faith judgment oouLi resatt ia forfeidne of t1�- � �''��
<br /> . . .;. �' _ Praperty or oWetwise matecialty impa�r e�e li�aa cceated by dus Security insttumeat or Leader's se�uriry interest.Bamnwer ms}+ . ` �°x�a`��
<br /> au+�such a defaWt m�sd�eiasm�es provided ia pazagaph 18.bp caugiag the actiea or pmceeding w be dismissed aith a niling ,.'.. � j
<br /> , ' t�ut,in lea�der'e good�.� ;++A'on. prectudes forfeiture of the Bomower's intcmest in tha Ptoperty or other material ; �1.. •:.
<br /> `�=''� impairment of ths Hen c�eated by tLis Soauity inst�ment os Leader's securIty inteiest. Borroyrar she11 alsa be ia defanit•if ;. ,;���r��_
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<br />° .' ,�' e materiaU falae ar insaairate informatien ar�to Leader(or failer!-
<br /> ,.r� �: Bottowet,dining the losu applit�tioa pcnc�s,�v Y `�`.. -+
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<br /> � ��X�'�.. w pmvide I�ades wi4h a�r�rial inf+ormatian)ia connectien a+iW t�s loan evid�ced 6y the N"�st�:including.but not limited •- . �,;�.-
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<br />_ . �, bati tepms�tations concemiag IDunower's occupanayr of t�e Ftvgecey as a priacipal c�sidence:Igt��5eewity Tnstn•�*+ent is on a ' ••' `:=, ;uz,
<br /> " ••. 1�otd. Bonawer shall �ty with all the pm�ia�of the lease. If Borrower soqui�es fee_titte tq tlt��aoperty. Wo ; � �
<br /> �' �� ��J� ��o2d aad die fee tifle sbalt not mar�e uWess I�nder ag�eswthe merger tn arciting. : .. ' ;<� „�
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<br /> -- °�. 9.Pr�vt�on of[�dee's Ri$ht�,fa t�PMiap�rtyl.If Borrower faife ta gerfonn the coveas�t�rtmd agreem�ts cunmiaed In ,� �,
<br /> �`_' this Security Ins�t,or t►se�is a:�I Psoceeding.that may aignificaatly at�ect lender's rig�►ts ia the F�operty(such es a .,';�.
<br />,,=�g,,;,'. . _ pr0000dmg in bazilwPtci►.L�b�s►for caudemnation or forfeiture or W e�afome taws or teguiations►).thea It.ade�ma7'do aad . `.�•'_��-=
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<br />_ :�x,:�•,i.... pay 5or wbatever is neo��t�protect tha value of the Property aad I�ende�s rights in the Pt+nperts►.L�der's act�ons may . ' �:+.�+a��•-
<br /> ^� • � � iac�nde paying aay sums �ed by a lien w]uch has priortry over thie SecurIry Instrume�t. aPPearing in court. PeYing .. � • '�:=°
<br /> ; . . ' '`�5,� ieasonab2e�ys'fees and e�terin�ca the Froperty w make eepaiis.Although Ir,adet may ts�b.actiars uadet tbis gaiagruph �..
<br /> _' ���.,:l. . 7.I.endet�esr�st t�ave to do so. . `'!'' _—_-
<br /> •- ':'�%_� ; Any atao�ats disba�d by l�der urtder this Parngtapb 7 sha}1 become addi�oaal debe.r�,`�oimwa seeuied by thla -
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<br /> ,�,,�_:. �,.:: • ' ����,Unte�13�nsower and Lender agree W ather terms of paymeat.these emouet5 eLaU beat intet+est&om the .
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<br /> .�, •, . �.,;. � d'�c.of disbusseiaemt at iQrp�te rate aad ehall be payable.arith intgrest,uPon notice from I,�er to Bomo�arer requesting , ��.,
<br /> ' . ' '�'''"n , �8 Most�age� If Lender required mortgaga iasurnaaz:as�e eoadition of malan�tiiix i�t secu�by tl�is Security �
<br /> ;f�i"`; nanwna�a_ ��iF:
<br /> .� �,� Ins4cameat, Eorroaer cLzI1,Q�y+the premiums�equined to maintaas��e taortgaga insuraace ia,'t�dSact. If, for aay.reasoa. tha r �.�,
<br /> r+ ��` ' '� mort�age insuiaace wvc�r i�q+im.d 6y Lender tapse�crr c�as�s��e in effect.Bomower s�C�Y�e P������ .� '_'��:
<br /> �' eiag b�a�qgrival�t to the mo�ga s"a�utiac�-��iously in efl�+x,at e oa�:'isaListeatially equivatent to tha �''t�:� , �
<br />_,.,t w.Yr ,...•� ;� � obtain cav e su +<<tt . ..:""'�
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<br /> ``•, : ..�:,�.� . cost to Boaawer of the c��p�a insurnnce pieviously cs e�Ct. f�+�n altamtue mort�y+�isaixter appreved lsy LEader.� €f. ��` �,:, l, .,..
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<br /> ,� � ��^l+.r. su6staatiuUy e�nraient�o;tgaga insurance�wveiago is nes ev-,�Tr�uM,lEk�.Z+OWrCt BhflU pe�/W L�7Il�,�Ch mOAW S Sum eQUA�17I '. i}%tN,�, j �.
<br /> � � _ ' onatwetfth of the yearly mo�tgaga insumnce ptemium�g,psid t¢;�.:rower when the insurmnce eoverage Isysed or cea�e3'r� ` ., �.`'�'{��.,'.'`
<br /> 4; . 6a in effect.Lendes aill acmept,ase and retain t8ese�ar�.s as a loss reserve in lieu of mnit�a�e insis�ce.• Loss reserve. :ti,<,'::. :, • ..,,�„;:::
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<br /> j . 114- �• 1949. ��uamso� 9190 i 4,
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