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<br /> � : ' S. Nazartl or l�roperty lumUrrui�ce. Borrower shalt keep the improvements now existing or hereafter crected on the
<br /> . �. Pmperty insured against tosa by Are. hr�xarda included withln the term "ex�end:d covernge"a�id any other hawrds.Including
<br /> � (Icx�da ot Aooding, for whlch Lcndut��tqutrea i��surnncc.Tliis Insuronce ahail be muinta8ned in Uie umourds and for the ptriads
<br /> thnt [.ender requi�ea. The insurunce cur.rler provtding tha insurnnx ahaii be chosen by Borrow$r aubject to i.ender's appmvai
<br /> , whtch sho11 not bo unronxxanahly w1tJ�fnrtd. If Borcower fu!!s to mai�tahi coverAge deacdbeil nbove. Lender may. ut l.ender's ;:
<br /> • option.obtain cavera�ga to pr�rtect lmad.na'e rights In ihe Propetty in accordnnce wftfi puragmph 7. '
<br /> '" ti t Aii insuranee{soltcica attd r�nu�ols shni{bn acceptnbie tw Lender and ehall lncluale u standurd mortgAge clause. Lender �°
<br /> �, " ' sholl havo the right w hald tt�v R�r7ictqn�ttd renewnle.It Lender rcqulres, Borrower sh�tl ptomptly give to l.ender�11 teceipta of �
<br /> paid premlums and renow�l nca�tC�n,ir�the evcnt o[loss.Borrower sl��lt�ive prompt notice to the inaurAnce currler ancl l.ender. �
<br /> .�� Lender mny make praof of lc�.�.�►iR nai.nudc prumptly by Boarower. �
<br /> i Unieas Lender s�nd 6ion+�vrer ot3cerwise ngree in wtiNng,insuranae proceeda s4�11 bE applfed to reatorntian or repnir of the �
<br /> �J Property dameged,i[the reaturas.aen or repnt�ia economicalty feastble and Lender's security ia not lessened.if tha restorsuion or --
<br /> '""""' �` repnir is not ecmnomicNly fr,ss.alQ9et nr l,ertder's secudty would be lesssea�.the insuranr�proaesfa ati�li be epplied to the sums w
<br /> � secured by this Securlty InIItuurnRnt. whether or aat then due. with a�y exxss paid to Barrower. lf Borrower abaadons the "
<br /> , � Pmperty,or doea rtc�t ansvrar�vi�fuin 30 daya a natia from Lender thut th�fnsuranre carrier has otfered co settle a cl�im,then �
<br />� '; Lender may collect the Lfaurarr.e procads. I.ender may use the nrooeeda to repatr or resrore the PropeKy or to pay sums _
<br /> sesureai by tUis�ecuclty Inatunrr�tant,whether or not then due.'t4ie 30-day perEod will btgin whea tha nvtioe is given. _
<br /> Ualess Lender end Eaarov,ret othenivlse agree in writing. any uppltcation of poaroede ta prfnslpal shall not cztead or
<br /> postpoae t9ie dua date af tb,¢ monthty paymenta referred to In pamgrnpha 1 aac12 or change the a�aount of the paymrnts. If _
<br />:_-{, undor gaza�raph 21 t6a�r►y is acquired by I.ender. Aarrower'a rjg6t to eay iasurana policies aad proceed�resulting from _
<br /> -' �. .. d.sunage to t�ie Projresrty g�taz�o the acquisiUon adall psass to Len+der to the oxtont of We sums saured by thls Socurity Insuttment _
<br /> ,: . ia�mafiatelgr pdor t�a tba eaq+�sttioa.
<br /> :��� • 6.Occ�pnmcy, Arese�lian,Maintenana and Prntection af Ute Prope�tyi Bomower's I.oan AppUcsttton=Lmseholdq.
<br /> Bomoverer shall oau�y,eatr�lish,aad use the Property as Borrower's pricecipal residenee within si�cty days after the eaecudon of —.
<br /> . :'�;� this Secudtgr lnsuwnaat.ar�Jl shall oont�aue to accupy the Pro�erty as Borrowea's princtpal nstdence for at least one year after
<br /> the dau of occu�r.cy,u�lnss Lender athe�wise ag�ees In wrldng,whtch oonsent sha11 not be unressonably wtthheld.or uWess
<br /> � ' - extenuaW�+ dcsumatam¢es eaiet which are beyond Hotrower's aonuol. Bammtiar shall not destroy� dams,ge or impair W�
<br /> Froperty�allow the Rx►gazrty to deterlorate. or commit waste on the Property. Borrower shall be In defaula if any forfeiture
<br /> action or graceedi�.��.Evbether civil or crtmiaal,Is begun thai ir�Ixndet's good fuiW judgmsnt could result in forfeituie of the
<br /> . • :4 Pcopccty o�aS�e�r�se matedally impair the lier�created by this Sccur�ry Insuument or L.cnder'a s�cur�ry ia4erest.Bomower may
<br /> ;rt`,. ... cure such a dt��:tit and reinstate.as provtded in paragrap�18.by caustng the action or proceeding to be dismissod with a iuliag
<br /> ° y that, in L�emdx's�ood fait� determinatton. precludxs forfeiture of the Borrowtr'a interest in the Propsrty ur,oiha material
<br /> - _ '"'�`� i�a#s�� of aha:i;a�cre�ed by Wia Se�udty[aetwnmt or Lendsr'a sesurity iateresc.Borrocver shaU al��be In dafenit!f =
<br />"`;::<::,;':,,;._ �orrdwer,i�^.ri�the laan applicaflon pmoess.gave materially false or inaxurate iafom�ation or atateau.ats to Leader(or failcd
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<br /> ::':Y,n;;�.t.,,;:� to grovi�a�tda with any matedal Womtation)itt oonaection with tho loan evideaaesl by the rfote. inclnding,but aot ltmited
<br />-'�:~���`i tc>,re��tariaas conceming Borrower's oocupancy of the Propecty ss a piincipal residenoe.If thla ScxvrIry Insaument is on a
<br />-=__�-°�-v ' l*.asehmtd, Borrower shali oomply with ali the proviaions of the leasa [f Botrnwer aoqWres fee title w the Propetty. the
<br /> ���?u�.�,. tc�td and the foe dQe shail nat msrge unless Lender agras to the merger in wrlUug. �
<br />°-�'°'� �'.P�oteeNon of I.ender's Rights[n We Propet4y.If�orroaer fo8s to psrforn►thn wvenanta and agroeiaunts wntuittod ia
<br />-W.,;;;;��� 't�ia SecurlBy instn�ment.or there ia a legal pmce�ding that may significandy affact[.ender's r�ghts in the Propaty(such as a _
<br /> . _�__-�--;.,� p�ding In banlQUptcy.pmbate,for oondemnation or forteiture or w enforce laws or ce�ulations),then Lender may do and
<br /> ��;� pay for whatever is necessary to pmtect We valuo of the Property and L.ender's dghts in the Property. Lecider's sc�ions may
<br />_-- -_— •i�aclude p�ylag any suma secu�+ed by a lien which hos pr�ortty over this 5ccuriry taucumant. appeariag in oowt. paY�B
<br />_Y'°"`y'-��='�'�' ;�onable attoraeys'fees and en�uing on the Proparty to m�ke re�airs.Although I.eudar may take actIon ua��this Far�ph
<br /> --��.;.�� ��. 7:[,endei,c7nis aot have w do so.
<br /> '-��"' My� am��nts disbursed by Lender uuder tdis paragraph 7 shalt become addttienal d�bt of Bon+ower securad by this
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