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<br /> :a�- 'c S. Ha7srd ar Pb insnraaae. Bomawer s6a11 kcep tI� �,vementa now extuiag os hereafter erected on the �
<br /> ���.: � _ p��y����i�t��y fire.haaaaids i�laded svithi�tBe ter�'earende�i wveraSe'aad anY other hazanls. inctuding '"--
<br />. �...�..�::•�.�.� .:_ --
<br /> � _ . flonds or ftaading.fur whish i�eader re�vires insvraa�e.This iffiumnce ahall6e mattttained in the amonnu and for the periads _
<br /> , , � that l.euder requi�es.The����?thheld. 1f Bnimwer fails w maintain c�verage des nbed abovebll.ender may.rat I.ender's �
<br /> +,;' winch s6a11 aot 6e nnneasa Y w sa000rdaase'wish Pa�aP1��- .
<br /> - option.ohtain aoverage w pmtect Lender's dghis in thE Pmg�ty� +-ciause. Lender `
<br /> ° . . AU iasurance polici�.s aad reaewals s6a11 be accePtable to i.eu�der aad ahall incIude a standazde w Le der sU ieoeipts of
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<br /> sl�all have We right m ho2d the policies and renewals.If L�ender re�luireg.Borrower shall prompttY gi .�
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<br /> .. paid pceffiiums and reaewal notices.In tRe event uf loss.Homswer shall give pmmpt nodce to tiie uuurance cazrier and Lender. ,�;-,__.
<br /> ,�,.__,.
<br /> - - i,ender zuay arraY�pioof of tass if aot tt�de pmmgiiy by Bormwer. ;�_.
<br /> -�--=-.�:- __ en� u �_
<br /> �v"` Ut�ss Leader and Bormwer othecwise agzee in writiag,insurance p=ooeeds shall 6e applied to�tion or�epair of tite —_--
<br /> ���.Y` . propecty damaged,if the restomtion or zepair is eoonomtcally f�'ble and Lender's stauity is nat les�ened.lf tfte restoration or ��_
<br /> , � �< � �� iepair is not eoonamiealty fieas➢b2e or Lender's s�auity would be tesseae�, the iasuranoe pmceeds shall 6e applied to the sums _�
<br /> •;�•;...-
<br /> ' .`�'���`I:�=�' seqlte�hy th'ts SecAtity Tn �me�±t_ w11ei1lel or pot theII dIIe.witm enY e7[CCSS paid t0 Botiowe[. ff B4r[ower sb3Ildous the ;pg�;-
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<br /> � . ;, , �COPerty►,or does aot ansa►er within 30 days a notice from Lender that tte�ias�trance careier has offe�ed w settle a claimn.t6e� �: -.Y
<br /> ',L;;_. •��`�.`• . to or resmre the Property or to pay sums --
<br />. ; Leader may cwflecc tiiee insuranoe proceeds. Ieuder may use the gjacex�ls s�a� ;�;L�
<br /> � . secured 6y t6is Secvrity InswmeM,wliet�er or aot then due.'iYie 30-day period wil!Begin when the aot�ce is givet►. .0_:_.-
<br />��'s`��~; � Qnless Leader aad Bomawer otiterwise ag�e ia wridng,anY aPPlic�tion of pmoeeds to principal shall not extend ar -
<br /> ; ; � -
<br /> Fo�Pone the due date of the monthly payments refernd to in parag�aphs•I and 2 or r,hange the amonnt of the payments. if W
<br /> , .::��• ,-1 umder parag�aph 2! the Properry is acqui�by Lender.Bom�w�r's dght to aay�P��cies and prooeeds resaltianS f�+nm ._ _
<br /> • • � �''��` damage to the PropectY Prior to the aaiaisit�on shall pass to Lender to the exteat of the snms secured by t�is Secarity Iusnvment ,�.��
<br /> . •.;.".� '. �nm�ediatelypriortosheacquisidon. • ":�"'
<br /> 6.Qceapau�', Bosruwes's Lc:�cu A cattou;Lcas�hoids. . � :.
<br /> .�, ,; : Pe�sernatton,Niainteuance aud Protect[on of eite Pruperay: FPU -_.
<br /> � ' Borrowec sba11 accuPY,e.stablish,and use the Piroperty as Borrowec's priacipal residence within simy days aftca t�e execa�an of
<br /> _ ;��;,,f` as Bor�wer's resideace fo;at least one year aR�' . .�
<br /> � this S�Insuumeat and shall onndttue w accupy the ProPatY QriII�P� - --
<br /> - ? the date of r+�upancY,unte�s Lender otheiwise agrees in writing,wbicb cunsent shall not be w�reasona6ly arithbetd,ar unless -_
<br /> '• •"''-,` atin circumstances exist which aire beyond Borro�ver's co�rol: Bomower shall not desemy. damage or iragair the --
<br /> � �°u g Borrower shaU be in defauIt if atry fo�eiture
<br /> � .�P�Y•allow ttce Pro�eity to deterioraLe,ot commit waste on t�e PropertY- _
<br /> - `. ;t •�' acaon or prace�ding,��''�ctvil or ciiminal, is begun that in Lender's gond�h judgment wuld resutt ia forfeiWre of t�e
<br /> � ` ' . �F�Y or otherarise as�-`�r'sally impair the lien created by ttds Sec,aritq Inst�utrieut os Lender's securitY interest.Borrower may , � _
<br /> '• • :''fi�� h 18,bY causiBg the action or•pio�to be dismissed with a'�^aling
<br /> ;t',;, -. 1 cnre sach a defauit and�nstate.as pra�3ded in P�S�P ��-...
<br /> : ;�;, that,u� IzndeYs goad faiih.d�eimiam�3on,precludes forfeitu�of the Bonower's imeresx sw�e Pmperty or other��rIa1 =
<br /> . . .,,,:.��, : impaimaent af the�Jiea�ted 6y this 5eauity I�'ument or Leader's searlity interest. Bom�wer s3�ai1�iso be in de�'�It if - •---
<br /> � � �t ..' Borrower.during tt�e ta3n app�Iration proceas,ga�e�aterially false or 9natxurate informatton or statemeff:s�i Lender(or fa�7at
<br />_ • • .;' . to pmvide L�nder aith aay material infom�ationj ia monnection with the loan evidenced by the Note,inei��g,bnt not lirnited __-
<br /> • � �� to.tePrese�'�Ionc coacerning Borrower's oecupancy af ttce Property as a p�incipal residence.If this Security InsuumeuE�s on a =-
<br /> "�= leasehold, Honower sha!! oompt:+ with a11 the prov�sions of the lease. If Borrower acqci�fee tide to the Prope�j.�he _
<br /> . • .,6 ,
<br /> � ;:_;.�`� leasehotd and the fee tide shall not merge nnless Le�3er agrees to the merger in writing. . .
<br /> � �� `=` 7.Profectlon of L�der's I�ights ia We Pro�C4y.If Borrower faits to peaform the covenants and agreesnems aonta�ne�'ui �,
<br />-- : �::; �.; this Sec.arity Instrumem,�r there is a le�l Prooee�:n8 t��Y sigaificamlY �rct Leuder's rights in the Property(such a's a , • :
<br /> ����:�:p�f�,• t then L�nder may�a amd
<br /> �° .�:�:ri� ; , � pm�ing in ban'l�apiey,.probate.faaz xondemmeon or forfeiture or w enforccx taws�or reg�lations?, �p
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<br /> ., � .s . pay fo;whatever is necessary to protect tbe vaIue of the Propecty and Lender's rights in 4i�e��Y.�des's adiaIIS anay
<br /> - ��;� inciude paying any sums secured by a liea w�:d':has prioriry over this SeGurity Isuttumen[. appearing in court, G�i3m8 � —._
<br /> . � reasonabte attomeys'fees and enteriag on the F�eu�y to matce repaira.A1tl�"..g�'lxnder may take action under this parag�aph
<br /> �`�<:,- ° - .y ' ?.Lender does not have to do sb. • � : .
<br /> �� ,. qa�y amounts disbnrsed by Lender ander this patagtapb 7 shall become additia�l debt of Borrowei secured.by th�s _
<br /> . .�� � Securi^�ff�strument.Unless Borrawer and I,ender agr�e to other terms of payment,these amowits sha11 bear inferest frna:n the —.
<br /> � �. •;�,.. .; date.of disbursement at the Note tate and shall be payable, with interest,upon noflce from Lender to Borrower cet��sting
<br /> .. � �� p�yment: � �
<br /> .. � .S.Mortgsge Icss�s3nce.If I�nder reqt�ired mortgage insurartce as a co�i+��n of maalting the loan secvred by this Security _
<br /> . Instrumeat, Boaawer shall pay th��remiums re9u�recl to maintain the mortgz�e insuraace in effece. If, for any reason,the __—
<br /> . . , �:': 7 � mortgage insarance coverage reqnired by Lender lapses or ceases to be in effect,Borrawe7 shall pay the preiniwns required to _ -
<br /> ' � � �- �; obtain coverage substantially equivalent to the mortgage insuranoe previously in effect,st a eost substantIaliy equivalent to the. �
<br /> •� �.�; i cast to Borrower of the mongage insurance pre�+iausly in effecb from an al¢emate mortgage insurer approved by LenQer. If ___
<br />_ � ���.�,;� �:.; substamiaUy equivalent mortgage insurance oove�e is not available,B�aowe7 shall pay to Lender ea.�arwntb a sum eAual to �
<br /> ' . one�2welfth of the yearly mortgage insurance premiwn bein&Pald by Borrower wfien the insuranoe coverage lapsed or ceased to _
<br /> �� =. ,; . �� , be in effect.Lender will accept.use aad retain these payments as a loss reserve in lieu of mortgage insurance. Wss reserve �_:
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