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<br /> 98- �io��► --
<br /> S. �i�sard or Prnperiy Imur�nce. Borrower �h�l kap the improveme�te now eais[ing or here�fter erected on the
<br /> Pnoperty in�ured ajtlnat lo�i by 8re, hwrd� included within the term "cxtcnded caverage" and any ather hazards, including
<br /> flcx�ds or flooding.for which Lender rcquirci insurance, Thls in�urance+hAll be maintafned in the amount�and for the perfods
<br /> thaR Laid�r requlre�, 'Itk ituurance c�rrler providin�the lnsurance�hall be choaen by Iiorrower subJect to L.endar's �pprovd
<br /> which thall na be unrwonably withheld. If Barrower fAila to maintain coveragc deacribed abova, I.ender rn�y. at Lender'a
<br /> oplion,obtdn cover�ge to protect Leader's ri�hts in the Property in�ccord�nce with pu�graph 7,
<br /> All iruur�poiicks u�d rcnewd: slull be acceptable ta L,ender and 3h�11 include •stAndud mortQaQe ciaase. Lender
<br /> th�ll h�ve the d�ht to hold the policia and renew�ls. If Lender requlrcs, Brrrower ehall promptly give to Lender all rccelpts of
<br />_ p�id promium�uid rcnr,wel netice�, (n ihe event oP loss, Bonower shall give prun�t notice to the Ensurance carrier su�d Leuckr.
<br /> L,ender rn�y Rute proof of lau if not m�da promptly by Borrower.
<br /> Unle�Lender u�d Norrower aherwi�e�ex in writina,in�uriu�ce proceeda eh�ll be Appliod to rcstor�tion or npair of the
<br /> Prqxrty d�cnayed, 1f the restoratlon or rtpalr It a:onomic�liy featible sitxl I.ender's security i�not leasened.if the restoratfon or
<br /> rep�ic i�na ecaiopdcadly fwible or Lrncler'a xcuriry would be leitened,the inaurecsce proceala sh�ll be s}�plled to the suma
<br /> securod by thit Security Itutrument, whettier or not then due, with any exau paid to Borcower. !f Barrower abu�dons the
<br /> Property, or daa�na an�wer within:�0 duye�notice from I.�nder Wat the lnsuru►ce oarrior haa offered to setde a cl�im, then
<br /> Lender may collect the insunnct proceeci:, i,ender may �ne d�e procoeda to repair or reatare the Property a to pay suma
<br /> aecured by thia Sectufty Instcument,whether or tat thrn due.The 30-day period wiU bngln when the notice is given.
<br /> Unless Lender�cd Borrower oWerwise agrce in writina, any appiicatian of proCeeda to princip�l shali aot extend or
<br /> postpone the due due of the monthly payments referrod to in pua�raphs I uM 2 or change the a►nount of the psyments. If
<br /> under p�ra�rsph 21 the Property ii�cquirGd by Lrnder, Borrower's right to my insuruke policia and prooecdi reaultin�from
<br /> duna�e to the Propaty prior w the acquisition sh�ll psse to Lender to tha extent of the auma secured by this Sexuriry Irutnunent
<br /> immodivaly prior zo the�uisition.
<br /> 6.OocuPst�eq,Pre�erv�tbn,lK�iMteiwnce�nd Pt+otecNon o[t6e ProPdty;Borwwer'�I.an Applkatiwi Le�ebold�.
<br /> Borrorver slitil ocrupy, atabli�,md use the Property�s Bonower':principtl nsidence wi�ln aixty diys aftar the sxecution of
<br /> thl�Socurity Inanament�ud shall condnue to occupy the Propeny as Borrower's priocip�l naidence for u least one yeu aRer ..
<br /> tbe date of occup�ncy, uniesa L,ender otherwlee agrees in writing. which conaent ehall not be unte�son�bly withheld,or uNeaa � .
<br /> extenu.uin� cirarrvuncd exist which u�e bryond Borrower's coatml. Borrower shaU not dextroy, dunage ar impair thr ; �
<br /> P��openY, allow�he Pr�operty to deteriarue, or oommlt w�te on the Property. Horrower sh�ll be in default if�ny forfeiture�
<br /> �ctbn ar proceediry,whether civil or crimirul, ie be�un that in L,ender's guod f�lth judgment could nault in fotfdtute of tl�c �
<br /> Propeny or othawiu rmteridly impur the liea cre�ted by thi:Socudry Lutrump�t or L,ender'�iecurity interest.gutrower mty
<br /> cure wch a def�ult aod ninst�te, a�provided 3n�puagr�ph 18,by cawing the actbn or proceedin�to be diamissed with a ruling
<br /> th�t. in Lender'i¢ood tuth deternunuion.'ptixluda forfeiture of the Borrowu's intereat in the Property ot other m�teii�l
<br /> �i�:s�f�- 2i� �:« h�ilsi:�:,:.:u;rr T�:uar.G,i o�i.e+wic�'a aocurity inieresc. isorrower �iuii �iao he la detault if
<br /> Bormwa. duriry the loan application piooeaa,�ave materidly f�lse ur itu�ccur�te infornution or natGcpents to Leader(or fi�iled
<br /> to provide Lenda with aay m�teri�l inforn�atiou)in cunnectiaa with th4loan evideaced by tbe Note. including,but not limited.� ,.
<br /> to.t�qaeot�tiaw.�cciinpemiaa Bormwer'a oaupsncy of the A�operty as a prlacipRl rqidnace.If thia Security Inq�umant i�on a � �.�
<br /> k�eAotd, Borrmv�r�all comply with all the pmvi�imu of the leaee. If Botrower acquira fa tide to the P�rope�ty, tbe �
<br /> Ia�hoW aM th fa dtle ihal!qot ma�e unleu L,ender s�rces to t6e mer�er in writin6.'
<br /> :;qti h+oeectMo af I.e�der'�R1�6b In tLe Pt+op�uly.if 9orrower f�ils to pedorm the covaunts and s�reeenerw anntained i�
<br /> thu Secvrlty Inarumrnt,or tbene is a legal proceedin�th�t m�y :iQnificaotly a1'fetx Leoder's ri�hte��3n rhe PropettY (wcb a�a � -
<br /> P�'a��i a �P��y,probate,for condemnadon or forfeiture a to eafora IxwR or resul�tion�p;��ibai[.ender may iy Nd
<br /> pay for wh�teva is roowary w protect the v�lue of tbe Pro}xrty.fu�d L�eader'a riahht� in the Property, Lcader'�aabm mry
<br /> iaclude payin� riy � �earaf by a lien which haa priority over thi: Secudty Insauma�t. aPPei�ei in oauR� P�Yipt
<br /> ira�ooabla atto�neys'feet�nd wtuia�on the Pe�operty to mt�ke repain. Although Leoder may uke actbn uader dt[i p�rqrap�h
<br /> 7�I.,a�da das not 2uve oo do w.
<br /> Aay amouks d�buned by l.euder uadet thia parsQraph 7 �hdl bxome addidoa�l debt of Borrower �ewwred by thu ;,
<br /> Sxurity lnstn�nmt.Unlw Borrower and Leockr agrec w other terctw of paymait� th�se anwunts�tll be�r ir►terest from the
<br /> d�te ot disbursement�t the Note rate �nd ahdl be p�yabk; wlt6 interat. up�n notice•fi+om L�r to Borrower�:tequatinj �;
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<br /> t.Mo�t�a�{e I�nee.If Lander requircd mortga�e inwra�o u a conditiop of malcipt the loan�ecured by thu 5a�urity
<br /> Inun�an, Bono�ver stull p�y tbe premiums roquirod to aWatain the mortgase insuranoe in effect. If� for aoy rppoa. tbe .,,�
<br /> mo�tta�e Lo��ra�ee oovr.r�e required by L,ender I�paes nr cease:to be In efkrx. Borrower a1Wl pay the premiwm tequirtd w
<br /> obtain aaMerKe wbsuntidly equiv�lent to the mon�e imurance previowly in etfect, u a eou substantWly u�uivakat to tLe
<br /> oo�t ta Horroarer o!'ibe mott�age iawrance previoualy in effect, from an�ternue morta�ge ituurer�pp�rovwl by L,eoder. If
<br /> �ly equiraleat rnort�e insurm�ce covecage is not avail�ble, Borxower�hall pay to I.a�der each mooth�pun equal to '. .�.
<br /> : oae-hvdfth of th yeul y mort�e insurancx prrmium being paid by Borrower when the inwr�noe oovmige lapied or aued to
<br /> be ia ePfect. Lender will �ocept,uae�nd retun theae paymenu aa a lou reserve in lieu of mortgage iniur�r�oe. I�ou cpelye '
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