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<br /> g,�saxi•d ur Property Insurance. Bocrower shall koe�thc ImprovcmcnGS now cxisting on c�r tcr crectc�on thc P�riY
<br /> ,.� insuced�BVnst loss by fuo�ha7nrds includcd wi�hln tha term"extended coverage” and any othcr haaards. including[lcjod.: or
<br /> flooding.for which Lendet rcquires insuranco.'Il�is insursnco ahall ba ma�nuh�cd tn tha amounts and for the perlads that Lend�r
<br /> roquires.'It�e insurance cerri�Providing thc lnsumce sha11 bo chosen by Borr�wer subJect to l.cnder's approval whlch shall not -
<br /> �' bcs nnrcasonably withheld. If Borrowcr failg to maii►tain covcreBa desc�b�d eeovo, Lcnder may. at Lendcr's opdon, obtain
<br /> covaage w prouct L�du's rlghts in the Property in acca����d s�t�ll l�nclude a standard mortgaBe clanse. I.,a►der shall
<br /> AU insurenca policies and renewals sbnll be aocePWb ive to Lender all receipts of ppid "
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<br /> have tha right to twld the polkies and renewals.If L.encicr requlres�Homowu shall promptly 8 _
<br /> premiums aad nnewal aodcac.In tlse eveat of loss,Bortower shall giva prompt nodce to the Insurance carriee and Lcnder.I.enda _-
<br /> may malce proof of loss if not tnade promP�Y bY Bo�o��g'�s�ranca Pr�dg���PR�fiO�t0�on or npair of the
<br /> Unkss Lecjder and Barower othawtsa egrae —
<br /> , propeity damagod,if the reswratlon or rep�ir is economicallY fea9ibla and Lendu's securlty is not 1���pued w tho sums
<br /> repair is not ecanomicaUy feasi'bk a Lender's sccurity woWd be lossencd�the insurance praceeds `
<br /> secured by this Security lnsuua�e�u, whether a not then due. with any e�c�ss paid ta Borrower. If Borrowu aba�►dans tho
<br /> . property,a does not answer within 30 days a notice fmm Leuder ttwt tha insuran�cani��f�o��Y ums seewrod
<br /> , Lender may collect the insurance pcocads.Lemder may use the pmceods w repair
<br /> - by�his Sec�rity Instruiment,whether or not then due.'llie 30-day perlod will be8in when Ihe nodca is given.
<br /> � lication of to priuclpal sha11 not exund or postpone
<br /> _,, Unkss l.endcr and Borrower othuwLse e8rea in wclting,anY�PP p�s ents.If und.0 pare8reph
<br /> the due datc of the monthly payments reterral m in P�B�Phg 1 and 2 or change the amount of the paym Q� �
<br /> ,• 21 the PropertY is acquired by I.ender.Bomowa's dght w any insurance policies end pcoceeds resuldng from da�►�a8
<br />, ProPa►Y Prior W the acquisidon shall pass to Laider to t!►e extcnt of the sums socure�by this Securlty Instcument im�tely
<br />� � ' � prbr to the�1� Preservation�Maiatemnce tnd Protection ot the Propertyi Bosrovrer's Loan Applkatbnf Le�oldf.
<br /> 6.Oocup�nc'� residence withic►sixty days aft�u the exe�udon of
<br /> Homowu sh�ll occupy,establish�wid use the Ptoperiy as Borrowu's principal
<br />- � this Socuriry[nsm�man aad shaii ci„d'u-�iic ta:,xugY thz P��+as B�!!2we.r's orincipal resldences for at kas������
<br /> �`��t? � �.� date of occupancy� unless Lender othawise agrors ln wrldng,whkh consent st�all not be u�u�easonab Y
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<br /> N *: eactenuadng circumstances e�cist whkh are beyond Barowu's control.Bamwu shaU not deslroY.clama8e or impair Ihe •
<br />":. ;��:.-,�• allow the PropatY to deterlorau�or commit waste on the Pro�aty. Bortower shall be in default if any forfeiwre acdon or
<br />�,�J°=` ,.,,� p n o c e e d ing�ahether civU or criminai,ls be8un that In L.enela's gaod faith Jadgment could nesult in forfeiwre of the�Y or
<br /> v=T=�����°�' • �wi�e mataially impair�he lien croatod by this Socurlty Insuument a Lenda's sec�uity inu,rest.Borrowu may cun such a
<br /> o vide,cl in 1$�by Causia$111e aCri011 or proCOOdinb'to be di5mi.s.sa1 with s lulin$ih8t,is
<br />-���-A�-�. �•s good fei h�de m�on�Precl�eiWre of tbe Bomnwar's intete.0 in ruw F�x,�cty ar attser�a!im;wimiant of
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<br /> ducing tbe
<br />-°°..:,*-:� d�e lkn cce9ted by ibis Socurlty Instrwnent or Leada's security�ntuest»Bomowu shall also ba in defeult if Bamwer.
<br /> R�-� loan application pcocess�6ave mataia1tY fiise a inaocwrate infonnallon or statements to L�da(a feiled oo provide L�erider with
<br /> - eny matalal iafamation) in conaection with the ban evidenced by H�e Nota. including, bui not limited W. ��4
<br />--.---- — concaniu8 Barowa's occupancY of the Propaty av a pdncipal restdence.If this Socarlty Instrument is on a kasehold.Borrower
<br /> --- — ahall comply with all the provisbns of tha leave.lf Borrowa acquires foa 6de to the Propacy.the kaxhold and the foe bde�il
<br /> — not muge uniess I.c�ider aSroes to tthe merger in wridng. t�conutnod In
<br /> -- 7.Protectbn ot I.ender's xti=hta i�the Property. ff Ba�rowu fails to perform the covenants end agroemen
<br /> tltis Soc�uitY Inst�umetit�or there is a legal Proceodin8 thac may significandy affect Letula's rights in t1tK Pcopacy (suah�s�
<br /> —^� pcoceeding in benlmiP►�Y•Probete�for condemn�t�iion or forfdWre a w entorce laws a reguWbns).thai Lertda cmy do snd P►Y
<br /> - -- for wdstever is necc�Y to protect the valuc of the Propa►y aad I.ender's rigAts in the PropatY.L�nda�s acdona may include
<br /> i=— PeY�B �y � sxurod by a lien which t�s pradtY over this Secuclty Instrument,appeari°S in court,P�►YinB ze+so�ble
<br /> ---- — �or�ys� fix�and entering on the Propaty to malce repaics. Althou$h Lu�dor msy teko aedon undet this p a r a 8�a P 1►7,I.ender
<br /> �.�� does not have to do so. 7 shall become additional debt of Borrower soeuced by thi�Secudty
<br /> — My artwunts disbucsed by L.a�der ander this peraB�ePh
<br /> -:.��,�;� Inswment Unk�s Borrowa and Laid�r ag�x to otha tams of paymenc,these amounts shall bear intaest from tho d�Ne of
<br /> -�.,;°;,;�;: disbwrsement at the Nota rete snd shall be payabk.with int�aest,npon nooca fmm I.endu to Borrowcr n9uestin�ptYmen�
<br />��:>.:.:?�:;'." R.Mort=+�ie Inaurana. If Lender roquited mort8a8e insuranco as e condition of inetidng the luan sxured by thi�Saavity
<br /> ���_ :,,:.�: e insurence in effoct If. foc any seaSOn,�he
<br /> Iast�ument, Borrowcx shall paY the Premiums roquired to mpintain tha mortgag the runiums roquind tn
<br /> - _ `�,;,�:. moctgage insurance coverege requiral by LRaidu lap9es or ceases to be in effect,Borrower shall paY p �vaknt w the
<br /> . " obi�ln coverego substandelly equiveknt w the mortgage insurance prevb�sly in effoct,ei a oost sutstat+�aa11Y al
<br /> co4t tn Bo�rower of tho mortgaSe insurence pr�vloasly in effect,from am altemata mortgage insurer approvod by Lenda. If
<br /> - , substanti�lty oquivalent moctga8e insurar�ce coverage is not availabk,Boerower shall paY to Lenderr each month e sum oqwl tn
<br /> .� . one•twclfth of the yearly mnrtgaguse and re�in these paym�agya los�W�hcn theu�s��8��urenca I.oss reser�►t�e
<br /> . be in effoc�Lender will accept,
<br /> : .' . +�� Form S�Zi I1�0
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