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<br /> 98- s�oo�s
<br /> S, Fiw,nl ,� properiy ImurNnce. Borrower �II koep thc improvert�xs nuw ezlydn� ur ricre�ftec erocta! on the
<br /> Properiy imutod �a�inst loss by firo, h�r�ard�included within the�erm "extenciod coversge" and rny cuher h�xucis, includlty
<br /> Aoods ar floadin�, fnr which l.ender requirca inxunnca 'I'his insurance ah�ll be maiMUned in the�mcwntA enJ tar the periadi
<br /> thN L.e�der roquirea. The iniwnna carrier pmvidin� the insurance shdl be chosen by Bcxrowe��ubjtct w I.endt�'s A{�pmvd
<br /> whkh �hall not be uarraaon+�bly withf►eld, If Barrower fails to midntain coverage described abo��e, Le�xier rnay, at Leroder's
<br /> apdon.oMain oavery�e to protect[.ender's rightx in trie Propeny irt accordar�ce with pu�Braph 7.
<br /> All in,urnnce policies and renewals xhall be acceptable ta Lender wx1 shall includc �etandard moeigege clAUSe. I.ender
<br /> sfull fuive the riQht ro hold the policies�nd rcnew�ls. If l.ender requires.Borrower ahall promptlY 8ivt to I.ender all receiqi�f
<br /> pald premlams and renewd nMiaa.ln the event of loss,Barrower shall give prompt notico to the insurance carrier ard Lender,
<br /> Irender may mnke proof of Ic�s if not r►►ade prompcly by Rarrower.
<br /> Unlpa I.eMer�nd Bornawe�otherwise agree in writing, insurance proceocls shall be appiir,cf to restoration nr repair of ihe
<br /> pruperty dam�gal.if•ihe restor�tian ar repair is ei�onornically fe�sible ud I.ender's socurity is not lesscr�ed.If the restorntion or
<br /> repir is not occmomically feasible ur Lender's socurity would be lessenod.the insurw�x proceeds shall be epplied to thc sums
<br /> s�ocural by this Savriry Instrumcnt. whetl►er or �wt then due, with iny exass paid to Borrowu. If Bo�ro�vu ab�ndms the
<br /> Praperty, or doea not answer within 30 days a notice frum I.ender tlwt the insuriu►ce cArrier has of1'erod to settle a daim. then
<br /> Laid�r tr�y oollect the inaurancc procads. Lender may use the procads to npair or ratore the Property ar w pay surt►s
<br /> savred by this Sacurity Instrumtnt,whether or not then due.The 30-dey pericxl wilt begin whe.�the notia is given.
<br /> Unless I.enkr and Borrower Whenvise ngra in writinB. �nY applicetion of procads to principal sl�all not ezte�w: or
<br /> pcatpone the due d�te of the mnnthly pryments referred to in p�ngraphs 1 and 2 ar chxnge the amcwr.t ot the p�ymenu. U
<br /> und�.r para8npfi 21 the Property 1s acquired by L,e�rler,Aorrvwer's right tn any insurance pnlicies and proceeds reaulting fran
<br /> dmn�e to the Pcup�erty prior to�he�cquiaidon stwll p�ss to Lender to tAe extent of ttie Sums socurod by this Security Instrument
<br /> irnnedittely prior to tlre acqui�itian. ,,
<br /> 6.OcxwpMac.y,.Pnserv�tlon,MainSeoance aad Protectbn of the Prpperty;Borrower'e I.o��Appikatiooi LeweLoid�::�. ''
<br /> • . Bonnwer slyll.acc•,�PY,establi�h.and uae the:,iT�tioperty�s Borrowa's princlpd�+aidence within s;xly ilt�`��afler the execntion a�k'..: '
<br /> ' „ this•Socurity In�utiment and ahall continae to"accupy the Property as 8orrower's principal rosidenbe:�'ibr�t lesst b�nc;+ar�Qtp'•
<br /> tlie'd'afo'M oavpiu►cy, unles�s Lender atherwf���rees in,wiR:iting,which�onead�hall�tot be unre�wttiably withheYdl:'or uNa�
<br /> . , e�terw�tin� citr�nntanaa axist which ar� Aeyo�d }brroiver's contml. Borrower �hal! aot du�'ttoy.,d�nnlr8r�'b�'�mp�r the
<br /> � AYi�iie�cty, allow"tho P►oQerty to deteriocate, or oommit waste on�he prarpprty. Borrower tha�l l�t.�n..d'otputi.d�it�y forfeiwre
<br /> . �ctior br Qroca+ding, whether civil or criminwl, ia begun that in LendCr�.c.gaod f�it1�jud(¢nai�t'.00uld�rt�ylt i�'foifo�ture uf the
<br /> Pro.�?�.rt.y or otherwi�c tnaterially,impair the 1id►crrated by this 5ecurity Instiument ar'�:cnda�+tecudt,y'mtiare�R.�dttnwer may , , ,
<br /> ��'ac a�t!'as:l:�rw+r�i��tatp.:aR nmyi�rl in rwncrroh 18.bv caueuUe the�ction or;n'r6ceaiing t�b'e.t��`i��s�r4d a's'i4h a tuli�R'. ..��
<br /> �... � f°.. r � . - �i::'�,.�..�.�.,..
<br /> tl�lE:in C.eader's:gvod faith detennination, A�'xludes fafature of�►e Sorrowa s interoat in the Property dr"8tliei m�tui�i: .
<br /> ��opairment of the��lim crcatod by this Security Ilux�ument or L.ender's aowrity inlueu. Borrowu rt�all d�o b' in det�ult if-
<br /> Bortewer.durio�the laai applicacion p�ooat.pve�nruinlly talu or iAaocunre infom�tion ar aaoana�b l,aoder(or 6tled
<br /> to provide I.eader with a� m�tuid infom�tion)in connoction with the lan evidei�oed by ibe Nooe,iocludin�.MM not Ilmited
<br /> ����+�o�nin�gamv„er�s ooaipanc,y of tde Propaty a�a principl iesidence. 1f this Sec�uity larhumeat is aa a
<br /> larehoid. Bonowrer �ll oomply with dl the provi�fon of the ko�e. If Bmower �oquira fae tide k� drc Propt�ty. db
<br /> berelald�nd tf�e iee dtlo thdl not mec�e unleu l.ender�ees to the mer�in writiq.
<br /> 7.1'nhetio��f Y.t�der'�RI�M�1�lie�r+opa4f.lf Borrower[�ils to perfortn the hovawMS Md�p��m�ats aoadod i�
<br /> tW�Seauitr lntruo�et. or tAa�e b a k{af Pn��f��Y W��+�r ��Lende►'. ri�ha In�he Troperey(we6 M a
<br /> po�sediu�ia b�tuptcy,Wob�te, Cor oa�dannitlon ar forfaturo or w enforoe law�or re�u4tbn�), tba►t.aider mry dn�od
<br /> pq Ibr�er b neoewry t�o protect the vdue of the I�+operty and l.e�der'�rislrs in the Property�. L�odK's actiion�� .
<br /> iMlude p�iK �r wutM eecured !ry a liee �wl�ic� hn priority over t6i� Saxrity lnt�meot. �ppMrio{ ie oow't, pO�Y�{
<br /> �,ea�etib{e uloeee�n' ton�rd aoteri�on the Pnopaty to tmbe t�ir�. Attbo�h C�da ary Woe�ctjan mder ehi�pra�rapi�
<br /> 7,Le�der doa aot hrve w do a.
<br /> Mp �mounts di�bu�sed b�' [�der undet dus p�ra�nph 7 a1W1 beooRk�dditio+W debt of BoROwer �ecv�ed by d�
<br /> secaricy Intromeet. udas eon+�.va.ne t,a,der ap�ee co ather�a�m.ot phrmaiR,d,e.e,n�o�uas ih.0 bear inoaek Gaa d�e
<br /> dre d dirbunemaK at the Nae rato�nd sludl be ptyabk. with itMaeat. upon naticx from Lader W Boriow�er roqMe�tias
<br /> PoY�• .
<br /> i.11�I�e I��oe.If l.eoder roquirod aattta�e imur�ee u�aadition of m�ki�the b�n xcured by this SeaWity
<br /> Ia�tnaneat. B�xrow�er�Il pay the p+emium� �equined a►m�inuin �he mat�e imunoee in eRect. If. for sn� �on. t6e '
<br /> , �oo�t�e ;n�nroe uo„e�e roquirod by L.cnder I�ea or oaua to be in elfea,Barowa�ll p�y tlrc panimis raqrirod eo
<br /> �o���ly equiv�le�c to the mott�irouranoe peviouely in dfect. �t�oort wb�tantlaUy eqoiv�leat b tbe,
<br /> cat W Bono�ve.r•of thr mo�tRa=e i�urwx p�+eviously in ePfect,trom an dtawwe mottp�e inwra �Qp�c>ved by I.eoder. l�`,
<br /> s�b�ti�ify equivdp�t nwRtpse inwanoe oovaage is not avaiLble.Barower�hall p�y ro Ltndtr each mond�s wan�q�td b
<br /> aee-trrdRh of tbe yeuly moni�te invrar�oe prc+niuro beio6 P�ed bY Borr�n"er whea the ina��e oove�e l�txl or esrod to
<br /> be in e�xt.Lader will aoeept. we ard nxain d�P�Ymaits+� �Iws reeerve in lieu ot mortp�e imu�anor,�'l.an ee�a�ve
<br /> fan��02� tl�o
<br /> r.waa�
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