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<br /> S. 11a�rd a' ?t+�pert� I�unnce. 8arrower �h�ll kap ihe improvcmeMs now existing o�l�ereaRe��eroOclai on4the
<br /> �KY iN�+�� las by f1re, luurda includod within the terrn "extended covera�e" �nd any wher hw►d�, includin�
<br /> n«,d,o�n�a��� for which Lsrder royuiraz inaunnce.'11�fa inwruxx slu�l� be m�inWned in the +�mcwnts and for the periods
<br /> that L,ender requirca.The inwr�nce carrier providinp the insu�ance shdl be chosen hy Borrawer subjext ta Lenderb approv�l
<br /> whkh ahall not be unnea�on�bly withheld. If Borrower fiuls to m�intain coverage deacribod above, Lender rtury, �t LenclePs
<br /> optlon,obtain coverye to protect i.ender':rightA in tNe Propeny in sccordar�ce with p�ragraph 7.
<br /> All inwrar�ce policia and renewrli duill be aocept�ble w La�der�I yhall include�suncLrd mort�aQe clause. Lende�
<br /> ehall have the�i`ht to hold the policies ud nenewpls. If l,ender requires,Horrower shAli promp�ly give to Lender all rcaipta af
<br /> W��P��u���wd notias. In the event a[lou,Bomower�hall�ive prompt naticc to the inaurancc curier�nd Let�der.
<br /> 1-endet mry mtke proof ot las if nd rtu�de promptly by Bornawer.
<br /> Unlat Lender and Horrower olherwire�groc in writing, insuru�ce proceods ahall bo applied ta rcstoration or repair of the
<br /> �Y��ad� N the ratoration or r+epair is xa�omic.�lly fwiMe ud Leider'a aavrity is rx�t lea�ened,if tha ratontian or
<br /> rcpair is rqt eoonomippy feaaibk or Lender's�,curity would be kcseeed,the insuruxe procecds shall be applied to tho sums
<br /> iecured by thia Secuety Inctrument, whether or rxx then due, with any exass paid to Borrower. If Borrower abu�Aons the
<br /> Praperty.or does na uawer within 30 days a notia from L.nxla�hat the inaurmoe carrier has offered to xtUe a claim, d�en
<br /> � �Y ���� � �muranoe proaetls. L,ender may use the procrais to repair or reston the Property or to p�y wm�
<br /> �avrod by thi�Se�vrity Iruwment, whether or not then due. Tbe 30-day period will begin when the notice is given.
<br /> Unless L.ender md Borrower dherwiee �cee in writing. �ny appliation of pro�eeda to priaaeipal shall not exta�d or
<br /> Postpone tbe due date of the monthly paymena rcfemed to in pangnQhs 1 end 2 or chan6e the amount of the p�ymenh. If
<br /> w�der p�ragrnph 21 the Prnperty ix ucquired by t.ender.Bomower's right to any inaunnoe policies aqd pnxeeds�aultin�}S+nm
<br /> d�nr�e to 1he Property prior to the ucquisition ah�ll p�as to l.ader to tl�e extent nf the sumd eecutr��khis Sxurity Instrataeat
<br /> immedi�tely prior w the aoquisitioq. ..
<br /> , .' �•Oa�P�ey.Praer�atloa,Mainteau�na and Protedloe d tbe Property;Barower'a I.asai APP�i�.
<br /> , ,• Bornower:hall accupy,eatablish,ard use the Pruperty aa Borrov►rer'a princip�l residence within sixty days�Rer the ezecution of
<br /> ., thu Sbc�iiriry I�t�nd�IWI oaalinue W occupy tl�e Propaty�s Borrower's principal ra�dence for at la�aae yar aRer
<br /> the d�+tc:¢t ooay�ncy,unlaa L,aider.otherwiae�graee in writjn�;which conxnt ahall not be unrea�oo�bly withheW,"or nrdat '
<br /> , , acpawdio� cinvmuanoa exirt which are bryand Hortovver'3..:roM�ol.,.Aorrower dull tat dat�oy, dunse or in�ir the
<br /> . ;• Propmty, dlow the Propaty w deteriorate, or oommit we�te M;{hc �Fmprxty. Horrower �ll be in det�ult if any forfeitwe
<br /> actloa or proceedin�� �hether civil or criminal, i� begun that i�i;��zp�cr`a�=good faith jud�rnent could rault in forfdwr�e of the
<br /> PropatY or atherwi�e uuiterially im�air the lien created by this;S�cority ioawment or i.�ender's sewrity interoat. Borrower rmy
<br /> curo wch a defaull and raimt�te.�.,pc4Yided in p�ra�nph 18. bji ausin�the�ction or pr�,�oedina to be diamiaed with a,nilin�
<br /> th�t. ln.I.ader'a jood faith daer�jtiit?�1on, Precluda torf�iture.of die Bortower's inc'reai ln �he Pr�y �r�wM�`.,�,w�.;.� ,
<br /> itrq�rmenc of the llen ar+e�tad by f6u Sa.urity Instrument or C.uder'e eocurity iatas�t:-"DormNer aFu�ll dio De in�efdt If •
<br /> Hon�u�rer.duries the lan�ppliation prooa�.gave m�tai�lly hlae or in�oairate infon�n or�,nta to I.elder•(ol fiiled
<br /> to pavWt L�eoder wtth aoy m�taial infornWbn)i�oonnecYlon with the lo�n erideaoed 0�ihe Nate,incJudin�t.bnt�wt IilYfited
<br /> w.ropi�e�eat�o�ooncatdn�Bantiiwer's oocupmc,y of dk Property as�prircip�l�eside�aioa If diis Securiry `, . .
<br /> �,...._ , L�d�umerii:is on�
<br /> �arei�aa. borrower �haii aanpiy ,rv;�n aii tne provisiau oi ti�e ieate, tt Horrower acqp��s tee Gtle to the Property, tde
<br /> . laredold�ad t6e fee t}tk rhdl not merse unk:s Lerda ag�oea to th merger in writing.
<br /> 7.PIr1e¢tiM�t Leqdr's IN�M la tbe Pro�erty'.If Borrowa fall�to pdfarm the oove�and asreaaeap�oontaieed in
<br /> tl�s Saadty l�n�me�ot,'or d�ent ip�„�k6al Poceedie8��Y �i�ficantly�act L,eqd�es'p ri�hts in the P�vpeety(wcfi at a
<br /> P��K���Pw7'. P'��;�cx condeneutic�n or to�feitur+e a to enfora l�ws or TeBulatjooa),tfKn L,�ader�ny do aad
<br /> p�o�r�wb.oera u �,eo�.ry�,�raiect uK���or� �ty�a�'s righu in t6e Propmty. Laider'� actbn rmy
<br /> � WY�Y �Y � ��d��y a lieu which h�e priority over this Soa�rity Instrvment, xpp¢4cini in ooutt. P�Y�
<br /> t�euotibk�toorne�'=� feea wd awaina oo tLe Pruperty w m�i�e ropua. AltMri�Lender mry take adii#n:�rnder this p�npuph ;•,..�..:
<br /> 7.Leode+r does not Mro to do w. ,... . •
<br /> My �nouob di�buned bp �L�exider under thjs pan�nph 7 �hdl bernme �dditio��.dcbt of Borrower �scn�eA:�by thi�
<br /> Sean'itj�;ln�tnuneat. Ueks�BorroMkEt:+u�d I.a�der sgree to otha tams of p�ymeot. �.;�o�nb sh�ll bear it�le�est�'!`litim tbe
<br /> d�ee of diibunemnft �t the Note rate'ud �L be P�Yable� witb inte+at, upon notioe fr�m•I.e�da�io;;Aorro�ver ro�que�dqf
<br /> PoYmeat• � •� , _ ;'.;.��.
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<br /> M�r�i�e la�aea.If l,dp�ti;toquir�bd�ortgage lnsuranca as a oondition af�iin�g',the lo�n setuied by this Sea�rity
<br /> In�trument. Botto�er drll p�r Wr:;�e�hium� roguired to ro�imaia the�oo�e ineui�iCe ln ef�'ect. If. for any ra�on� tbe
<br /> � �PRO1°����e�eq�ii'od.by [.ade�bg�es or crcaaea W be in effect. Borrower�ilyll p�y the p�ndumr required w
<br /> abtain oovaa`e a�t�ntidly equivatqit to the mortgsge inwranoe pn.wiously in effoct,at a aoat wbsUMi�!!y equivalent to d�e
<br /> oat to Bor�w�er of Mii�nno�tpge imwrar�oe prc'viously in effect. fiom m dternate mort�a�e imurer approved by L,erdrr. If
<br /> wbrtntially equiv�riattp�e inaurmoe covera�e ia ncx availabk,Homower a1W1 pry to Lender each month a aua eqwl to
<br /> • oae-trdR6 of t6e ye�r1Y mortgyre iasunncx prwiuum bein�paid by Borrowa wha�the ir�tu�noe oovuage lapeed or ce�ed to
<br /> be in d'�mcti.Lender wil!aoapt. uu`aid rdain theee paymenta as a loss reserve in lieu of nartg�e i�unnoe. I,oe� tpecvC
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