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<br /> • ' ` • • S.K8� OT BtOP� �• BOIiOWC[&Zt3u I(C'C(1 �16 IIDpTOY�SS IIOW P7�15[IIiS + �..._,
<br /> • O$IE��ZaIdSs 1IIC�11Q�$
<br /> � , . progeny ins�ued against lass bl►4'ue.hazards inclwded arithia the te�m 'extende�ooverage'and anl►
<br /> ex end
<br /> This in�uanoe s�a11 be maintaiaed ia the amounts aad for the periods
<br /> � ' ' flnods or flooding.for wtiich lxnder ce4uires�ce' �1��osea by Sorrower subject to L�endec's aPPro�
<br /> --:';�--�-�'-- that Lxnder cequi�es.'Ihe insutance carrier providing the insurance �ve. I�eqdet maY• at i�ender's
<br /> `°"'��"� whach shall aot be unneasouablY witLheld.If Basrower fa�s to maintain cove�age descdbed
<br /> -C'riT' .,.rY �•
<br /> ts ia the PropercY ia acoordance with paragtaph 7. e clause- LEtWer
<br /> .� . , - option.obtain caveraSe to Pmtect L�der's righ ta61e to I��and shall include a standard mortSag .�
<br /> , .�`�: AU ��Poliaes and renewats sLaU 6e acoep gmrcower sball pmmpttY&ve to Lendeir all receipts of ;;�F
<br /> _ shaU have the right w ho l d t he po l icies�t d r e n e w a l s.i f L�d e r r e q u u e s, a n d L E a d e r. :.
<br /> :. � - - - - paid ptemiums and ieaewal notioes.In the event af toss.H�er sba1D gtve PmmPt nodce to the insurance ra�si� `�. <.
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<br /> L�der may make Pmaf af loss if not made promPdY bY Sorcower.
<br /> ' � ` g,ins�ce Pmceeds sha116e applied to restoiation oz repair of the
<br /> . Un�Lessder�d Bormwer othera+ise agree ia writin �not tessened.If the ieswration or ,.
<br /> � . '.c.� �P�N��i f t l ie�e s t o r a t i o n o r r e p a i r i s e m n o m i c a l l y feasible and i;ender's seauit7► �s h a ll be app l i e d w W e s u m s
<br /> '- • �r fis not economically fea�'bte or Leader's secaritY wuuld be lessened.the insaraace P �.y
<br /> socnred E3►this S�ur►�7►Insuum��,ahether or not then dne. with a�►eacess Faid w Borropzer. If Borrower abaadans the ---
<br /> , . w' sea2e a ciaim,then =�.�,
<br /> `. . � ' pi,npeity,or daes not�swer witIIin 30 days a notice from Lender that the insatanoe cazrier has offe�to
<br /> ij , -; ��Qmc�Ls to cep�ar ieston the Pn�operty or co pay sums
<br /> , • , c� Lender may collea the insurance Pmceeds. L�der maY eriad wril begin when the notice is given. ..
<br /> ..,,5_ s�bY���meat'whether or not then due.'[7ie 3Q�daY P � not extend or
<br /> hen
<br /> .�� Unless Irender and Ba:rower otbeiwise ag�ee in writing, a�►Y aPPtication of prac� to Princ�P� .
<br /> �nder hs 1 and 2 or chanSe the amnuat of the payments. If
<br /> -�- - . pastpone the due date of the moruhIy PaXm�ts referred to in pangraP m�.�.ance licies aa4 pnoc�s resniting from ,'t`_,_�y
<br /> -- - - �nder pazagraph 21 th$Pmperty►is ac.cluire�by l.ender,Bomnwer's rig6t to auy' Po �r.,�.,,,ment " , .
<br /> � t,o the pmg�rty ptior to ti�e asx�uisldon sha11 Pass�°�er to the extent of the s�ms s�ur��sY��
<br /> , :.�. innneffiate1Y Ptior w the ac:quisition. �e and P�o'tedton �orsacw�s I.oan ApPlisalio�.l�Id9. ::;_�;,:.;
<br /> 6.�9+���°°'�e of the PropertY: s after the execuuoa of
<br /> as Barrower's princlpal re�denae within sixty►daY �"��.
<br /> _ 6ormwer shalt aax�PY•�ablisb.and ase the PtoPertS► �Borrower's p�inciPal r���at.l�st oae year aftar -
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<br /> - this SecuritY Insavm�t and sbaU contiaue w ac�apy th$proPertYwh�ch cansent shall not be unreasunably withbetd,or nutess
<br /> the date of ocxu�p�y,untess Lendei othetwise ag�ees in artiting. .
<br /> wer's contml. Boirower shall not desa'oy, dama8e or impair the -, ..'`
<br /> �g �ces e�nst which a:e beyoad Bo�rio 1 :.:
<br /> � $nirawes shaU be in default if a�i forfeitn�e �,�,
<br /> ,:° . _ � propeaty.altaw tiie 1�mperty w deterioiate, or commit waste on the��P�faith judgmeent could rasoit in forfeioare of t�e ��=,
<br /> . , ar.tion or p���;•whether civ�1 or ciiminal,is�heg�m tbat m Lend g . •°.—.
<br /> air the lien created b3►this SecuYitY Unsaument or LeaWer's s�Y��.Borrower may �,:;�y?t�.�
<br /> , . � � ' ��' � property or oth���Y�P �3�dismissed arith a t�liug i�,,,as:=:
<br /> cute auc�a defanit and reinstate,as Provide�sa paragraph 18,fi►�d9�acdan or praceediag , �.�'��
<br /> � .,'`'`_ ludes foifeiture of the�rmwes's iaterest ia t�L�+opertY or other.materizIl . .. .�.:-...--
<br /> . . _ �at,in Lender's�gaod f�tb determination, P� or Lender's security �. Sorcower s3�a11 also 6e ia default if`" , . �
<br /> _. • i�upaitraent of the lien created by this Secarlty Insuument ts w Lendet(or Yaited � ��'�it�;
<br /> e materiallY false or�te in:.�an or statem� �'-;'
<br /> �. � �.,:; BoimweT,during the loan applicadon pracess,gav :=��-.
<br /> w pmvide Ledder with any material information)ia coanecdoa with the loaa evidenced by the Note,including,but not lianited. F•_�y.
<br /> � to,repres�oas conccming Borrower's occupaacy of the Propeny as a piiaciPal resideace.tf this Secutitli Insuumeat is on a. �-.-,.---
<br /> � fee ade to the PropertY. the �,=--°_
<br />- : '' ". leaseho2G, Soirower shall oompl7+ vuitb all the provisions�f the lease. If Borrawer acqnires �,__ -
<br /> �` ��. leaseho2d and the fee tlde shall not merge unless I.ender agrees to the merger ia wridag. contaiued ia . - -- -
<br />- . ., 7.Prat�ttoa of L�nder's Riplrts in tiie FropcatY.If Borrower fails w perform the covenants and ag�ceerneats
<br /> �. � thia SeaultY InSm�ment.or tbere is a legal pmceeding tbat maY signifi�u3►����s rights in the Pcopeery<s�as a
<br /> �;:;�{ pmce�ding in b�Pt�Y,pmbau.for con�anatlon ar forfeinue or t�.enforce laws or agulat�ors�,then Lender may do and t__;�____
<br /> ` ` , LCIItICI's SCtioDS ID2�
<br />- ' � pay for vrhatever is n�Y to pmtect ti�e valne of the PrnpertY a�l Ilxnder s ri�►ts in the�g in oourt,paYi�;, � �:-`--
<br /> ' ' ,�', � include PaY�S�Y � secrt.*ed bY a 1Ien wLich has priority over t4�is Sesutiry Enstrumen�• �PP u• :_ -
<br /> rum n � .—
<br /> take ac�an ander r�is P�Db
<br />_ :;.;;'�`; �'` i r a s o a a b l e a t tom e ys'fees aa��c'.erin8 on the Propeity W make rePairs.Aithough�r maY �=::.__
<br />_- . 7�Leada does uuu Czar•e to da so. � �- -.
<br /> Aay ama� disbursed b3► lxnder nnder tlris para�aPb 7 shall become � these amounts shaU�ear mtetest fcoan etr� -- -
<br />- , • ... Seauity Insnumeat.Unlsss Borrower and Lender agree to otl�er terms of payment, �-_ .
<br /> . , d�e�f disbursement at the��te r�e aad sLafl be payable, aith interest,upon nosice from Lender to Bozrower reqaest�
<br /> F�S�• ,_ a MP Aa a�iNon of makinS the toaa secaradi C�this Sectulty► � '_.
<br />-- --':.s 8.Mo�ge Insvrans�if I.enrFer raquueQ ncrtgage�._.�.--_ - m��ct. if, for any re�a�.�� � : �
<br /> . Insaumeat, Bu�ver shall pay the premrar.�s ro9uired to maiatain the mortgage iasurance� �_"_
<br /> � • . :.:� � mortgage ias��coverage re�Nired bY Lender lagses or ceases to be in effect,Borrower shali g-y the premtums requimd.'u�' �`�..,
<br /> � _ insurance p�ously in effect,at a cost substantially e4ui�+ale�t4 r� ..�
<br /> _ � � obtain oovetage substaatialty equivalent to the mortp�ge e insurec approved by Lender.If . .-
<br /> ';'ir``;!
<br /> .. . cos�co Borrower ot the men�ge insurance previously in effert,from an altemate mongag ,;,.,'f s,,
<br /> - . �r substaadaUy eqnlvalent mort�ge insurance coverage is not avaitable.Borrower s�13 9ay to Lender each moutpa a sum equal w . ,;;r,�'+:
<br /> ' one-cwelfth af rhe yearly mortgage insuraace premium be1n�pa�bY�nDwer when the insurance coverage lapsed or ceased to
<br /> - h
<br /> _ , be Ia effect.Leader will acceQt,use and retain these paymettts as a tass resetve in lieu of mortgage insusance.�� �s�o
<br /> '•: . . vay,9 of s °"v��y���
<br /> _ . • �.BRINEI�92�2i.o� �
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