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<br /> 98- �uo�rs
<br /> • s. �� a. �ty ��. Bortowar �h�ll keep the improvements now exl�tin� or hereafler erocted on thc
<br /> �y ins�nd�alrut�ow by fi�e,haxard� Inciuded wi�hin the term 'e�tendod cover�e` u�d �ny o►her hw�rds. Includins
<br /> n�o�n�ai�, fnr wbich Lender nequlra inwraace. 'I'hi�in�uru�cc�hdl be m�ini�ined in the unounls�nd for 1he period�
<br /> thu Ler�der require�.'i'he iniurmco�rrler provldln�the insuru�ce�h�il be chaen by Borrower wbJxt to Lender':�pprov�!
<br /> which �hdl not be unre�wn�bly v►.ithheld. It Borrower t�iis to mdncain cover�e de�crilxd �bove, Lender may. u l�nder's
<br /> optfon.obtaln covertja to pmtect L,encler's riQhu in the Property in�ccord�nce w�th p+r+�r�ph 7.
<br /> All inwranoe policia ad renewds ih�ll be aaepubte to Lrnder and sh�ll include a stxndsrd mongago clwse. L.es�ler
<br /> ah�ll hsve the riaht to hnld the pollcia and renewal�.If Lenckr rsquiras,Bomower ah�ill prompcly give to Lender all raxipts of
<br /> paid premiunu aod trnewd notiaa, !n the event of loss.Borrower diail gi�e prom�t notice to the insurnnce cnrrier And Lenckr.
<br /> I.ender may make proof of I�s if not made promptly bY Bormw'er.
<br /> Unlas l.ender uid Horrower aherwik�grx in wridng,insurmce praeats shall bo appiied to rato�°uion or repair o�tha
<br /> propetty danwged. if the rator�tion or repdr ia economicdly fe�uible and Lendet's securiry is not latsened.If the resWrMion or
<br /> rep�ir is not economically fwibla or L.ender'a�ecudry would be lessened�the insuru�ce praceeds shall be appliod to the aunu
<br /> soairod by this Securiry Inattument,whether a not thai due, with any excesa p�id to Borrower. If Bortower abw�dons the
<br /> p�opertY,or doea not answer wiWin 30 d�Ya �aotia from l.a►der ihat the insucance carrier has offered to�etNe a cl�im, t6en
<br /> l,eader a�y collect the insurance proceeds. I-rnder tn�y ��pt'0000�to repair or reuore the Property or to piy wms
<br /> y�curod by tbis Secudry Instcument.whether or nat th4n dua The 30-dry paiod will begin when the notice is givrn.
<br /> U�ps �,�r and gorrower othenviae agr�e in writiaB, wY application of pmcads to priacipal shall not eauend or
<br /> poetpone the due date of the monthlY psYmeans reftrred to in pu�graphs 1 and 2 or ch�nge the anwunt of the payme�►tt, If
<br /> unckr p�ragr�pt�21 the Property ii xquired by l.ender.Borrowa's right to any insuru�ce policia and prooeoda resultla�from
<br /> dnmage to ihe Pm�xrty Pcior to the�cquiaition shall pass to l�a►der ta the eatcnt of the suma aecured bY tb►ie Security Icatcuu�mt .
<br /> � immedi�tely pdor to the Acquisition. „
<br /> f..Oec�ery,Prr:s�nstioa,l4Wntes�Na and Proleeibn af t6e PropcitY; Borrowar's Lo�a Applk�tba:Lea�wid�• ' ;
<br /> Borrm�!vcr yholl occupY.establish,and uae th� PropenY as Bonc�wer's princip�l residence within aiaty drya after tUe executioa of •
<br /> thi�Security Iauniaxat�ad aball continue to acupy t6e F'�op��rty as Borrowa's princi�al residena for at le�at ono yaar after
<br /> � tUe date'of ocaupancy.unlesa 1.Cntler OthmvlSE a�Tas iA Wri1ln8�which conaeut s1W1 not k�unreasonat+ly withhdd.or unleu
<br /> . . .. extpn�ittn� circu�uaoua exist which ue beyoncf&xrowa'ss contml. Borrower �hall not datmy, d+�c or impair tbe �
<br /> `.::�.� � Pruperty, allow the Piopetty to detexiorste. •or.�ctnaad�it wa�te au the PropectY. Borrowa d►ali be in flGfwlt if tmy forfeiture '.
<br /> acti�n�+r proceedin�, whaher civit ar crimin�l.�is�be8ua t�r in L�d�'e 6°°d faith judgmeae oould rault in forfeit+�ne ot t6e
<br /> :prtop�rtY•or orha�wi�e mataiaUy lu�►�ir the liep cr�ated by this Saurity Initrumeat or L�c'�savrity interat.Ht1[:TOWE��NY
<br /> �•,�..:c�e siuh i�dei�ult u�d rein:tate.�pmvided ia par�gt7Qb 18�lsy cwa9ng tt�action a pn►ooedia�to be d�smtatd w�t3�i�rolios ;'�.,;� ; ,
<br /> bludcs forfcinirt of ttk Bar�rower's intass't:ni the ProE►e.rtY ot other giaiarid';''•
<br /> '"th�:�in��l.mder's l'[ai�d'faith determinatioa, �rc , : .. ., � ,. .ktiudr ;r:'�";' :
<br /> inop�i�ai�t of tbe lien crated by this Secusiry l�t or. ienuer s x�riiy ;�ueQ:. „crrc�:r;.�:iI...1.ss� in_------
<br /> Hor�x, durin�the loan appiic�tion pt�cess,Wve materially��fal�e or in�uue iaforn�acion or�taoetmot+w LRader{or fWed
<br /> w provida Leoder�vitb any m�teri�l iafocmation) in�oru�ection with tbe lom evidenoed bY tbe Nae,includin�,but aot limited
<br /> �����Hormwer's oocupsnc.7'of the Propaty as a principal Raidrnoe. I[t1�L SecudtY Imt�eoeac L m a
<br /> la�old. Borrorver �halt oomplY �vit6 �ll the p�ovisioos of the le�e. If Borro�er aoqui�a fee tide w tbe Praperty. tbe
<br /> kauhoW atl the tae titk�hall not ma�e unlen Leader�rea to t6�mer{a in kritlo�. ,
<br /> 7.hruelior�f LMi�'��1{W i�tYe h�opaRy.�Bo�'E���y�����a���rOO��a
<br /> 1�g�p�iry]n�tn�m°°t� or tba�e i�a le�d Prooeedin,{ ����r do�od
<br /> p�b�yp�q„�r,pol�le.fix aoad�n�tioo a f�o�ieiture o�w eotocoe la�n or re�ulubm). ����s actloo��
<br /> p�pr ict�rh�taver it neoewry a P�t�d�wlue of the PropertY aod le�de��s �hn in the Propatr• b ooett. Pry�i
<br /> �� pqq� �r wm� �eaired bY a Ika ahkh h� prbrity ova tais Sxurit!' 1�. +�PP�
<br /> rerorble xtasr�'�'tea�od acterfnY on t�e P�'P�Y a nrke rap�in. Ahho��h L,awfer m�Y t�ice�ctjon uadec IW P�sap�
<br /> 7.Lead'r doer not hwe�o do�o.
<br /> Any aoouat� dbbuned by Leadei unaia thi� prafrnpb 7 s6�U Eeoome additionil debt ot Baio�er �ecwed by thb
<br /> gecyrhr I�tq�ent. Uolas Horcower aad I..entler qcee to alha termt of payma�t.thae upounts t6a11 bae'iote�e�t ir�aa tbe
<br /> d�te of df�b�nemeat at tbe Note rate �od a6dl be p�yabk, wit6 iotereu. upon notioe Imm l.eodec w Bat�o�es�equatjnt
<br /> ��� mat�e insur�ooe n�000dition of m�tin�the lon�eNrod by thi�Sewtiry
<br /> i,MartP�e i�c+r�e.lf La�der raNirod � ta e['tect. It, tor�oy reran, tLe
<br /> Idttmaeat� Borro�ver :h�ll pay tbe pnmiumt required to maiol�ia tbe mort�e �
<br /> mort�ye iownr�oe oovaaje required b�'i�enda�I�e�or aasa to be ir ethcx. Bormaa�!1 p�y ttie Pc�aiums��'0d r°
<br /> obtain oover+�te wbswKi�lly equivdrnt w t1�e moit6�t��"0E P�'�Y in effacx� at s oo:t wbWantW1Y equi��l�t oo the
<br /> oo�t w Bon+orrer o[tbe mwt�e insur�oo�PRViaisly in effat. fmm n altecnate aactp�e ins�ner aPAroved by l.eoder. It
<br /> ab�ntially aluiv�la►t mort�e iasur�nce oo�'erate ii nd�vs11�We.Borc�aw�er shalt pry to l.eader adt mornd a sum eq�W to
<br /> ooe-twdtth of the ycaciy mortsase inw�noe premiva►btinA Wid bY Botrv�va whea the inwranx oovaqe IaP�ed a aa�ed to
<br /> be in eRea. Lea�der will sooept,uxe md tet�n thae paymeot:ss a loas raerve in lieu of mocx�e ioauaooe. Lai rererve
<br /> Fa�w
<br /> ��J a:��.o� �.o.oas Mwr�
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