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-- ------ - - <br /> �., z . .._ .. _ <br /> . - ...:. . .. _.... <br /> ., ^... . --- — <br /> . . . ,, <br /> • w.,.��.--- .-.. . . ..._ <br /> S. H�rd a' Propa�ty Iawr�an. Barrower shall koep the improvemenp aow existin� ui�ecr.�fteri c�xt�� <br /> Property insured ��in:t lox�by flro, hwudi lncluded within the term 'rxtended cover�e' and any other haz�rda, iacludtn� <br /> Iloods or Aoodinj, for which Leader requlra in�urance. This lntut�nce ah�li be m�intaifled in�he unounts and tor tbe pedoda <br /> �hat l.mdtr requira. The lruunnce euder proviGing the insunnoe ihall be cho�en by Borcowa subject to Lender'�apgroval <br /> which rh�ll po4 be unrwoably wlthheld. It Horrower f�ll: to tn�lnaln covera�a described above, Ixnder m�ty, �t Lrnder'� <br /> optiaa,oMafn cover�e�o pcwect Lsnder'�d�6ts in the Property in�coord�noe with puagr�ph 7. <br /> All iruunnce polkies wd xauw�l� alull be�oceptable to I.a�der sod shill Include�sandard monp�e cl�use. Lender <br /> �hall hive the rl�ht to hold the pol�ia�nd renewd:. I[L,eader requlra.Borrower ahdl prompily give to Lender�II raxipt�of <br /> pnid premtums and renewal notices.In thc event of loss,Borrosver sh�ll�ivc prompt�wtice to the in�ucAnce ciurier wxl L.eader. <br /> Lender m�y nuke proof of!o�i[not m�de prompily by Borrower. <br /> Unlas Lea�der u�d Borrower oRl�ecwise�ra In wdtln�, insw�nc�e proceed�ahill be�ppliad to rcstoruioa or rcp�ir of the <br /> Properry danu�ed,it�he reatocatioa or repair ls ecawmically fe�ible uid Lender's�ocudry u mt tex�ened.If tbe ratoruion ar <br /> rcpair i�not economlcally fe�ible or l.eadu'i savrity would be launed.the uuuru�ce procee4� shell be applied to the suuu <br /> Kcurcd by thi� Security lnstmment, wbetber ar not thea due, with iuy exceu paid to Homawer. If Borrower�b�ndons the <br /> Propecty,or does na apswer withi�30 dayi a naice from Lender tlat che insurnace carrier hai of'fered to uttle a eldm, theA <br /> l.mder mry oollect the fnsu►�ooe prooeed�. I,ender mry we the prooeeds to repair or raton the Property or to pay �u� <br /> �ecumd by thls Sacutity]attrurt�ait,wlKther or na thea due.The 30-dry period will be�id wheu the aotioe i��ivea. <br /> Ualas Lenda and Borrower otberwl�e agrcr in writing, �nY �ppliation of proceeda to principal idall uot extend or <br /> postpone tbe duo date of the monthly p�ymeqts refernd to lp para�raph� 1 and 2 or ch�o�e the anwunt of the piyroa►u. If <br /> uader p.r.jr,pl,zi tbe Pcoperty i�.cyi,u�ea by l.enaer� eonowec':riat,c w any lnsurmoe po��cia ana proceea.rauldn�rmm <br /> dmn+�e to the Propectyr prbr to tbe�equuitioa shdl pau to Leader to the exteat of tbe aumr recu�ed by thlt Secudty Inurument <br /> tmnnedi�ly prlor w Q►e�cqubition. <br /> f. OoeYp�ne�.i(b1e1^��tbl1,Ma1M�nd P��otldlon o�tbe Propah'i Dat�Dw�'s Lo�o APP�i LardMrdt. <br /> Bonower ihali oocupy. atabliah.�od nk tbe Property�a 8orrower's pdncipnl nsidenoe widda i�Cty d�ys�tter the exacutkn uf <br /> tdia Secudty laununent�od�hall ooatinue w occuPY ��P�nY a Borrower'a priacipal raid�ooe for x leut aoe yeu�tks <br /> the d�te of oa;upar�y. unlest Lender otderwl�e agRes in writjna, which con�eat�tWl na be unma�on�bly witLbeJd, or unku <br /> exteawtia� cic+eumttanaa exiu which u+e beyonl Bocrower'c ooatml. Borrower �Iull not datroy� d�m�ie ar inipair t6e <br /> Property, allew the Property to daerfonte,or comailt waste on tbe Propaty. Borrnwer�bdl be in det�ult if my fortEitune <br /> �ctioa or procealln�, whalxr civil or crimind. u bejun thu la LR�der'�iood tailfi judjaimt ooWd rault ia fotidture af the <br /> Propa�ty or othenvise m�teri�lly imp�ir t6e Ika cnxed b�Wis Seauiry Inaruma►t or Lander's�ewrity inte�nc.Botm�er m�y <br /> aue nkh a default and reinsute, a provlded in pu�r�ph 18,by c�w9n�t6e action or prooeediai eo be dLroi�ed�th a rulfo= <br /> th,�t. ia L,ender'a�ood f�ltb determiaadon.P�ocludes forteiture of tt�e Hoct�owet's iote�at in the Ptopecty a omer m�teti�l <br /> la�s-.fr�ss ai sls:,!:� rr-.,:.:,3�;tbi: �..�rlr� �;.s„�,a��:�.�:�'��uy ;a;Qas. Sor�v+�,usii ai,o be ia deia,k ii <br /> Borc�uwrer.duriat dye Ic�u applicuion prooea,iave m�terially filie or in�avr�te infora�atbon or�maoa�to Leader(a taibd <br /> to pTwide l�ender rvlth�uy m�teri�l inton�tion)In ooanectloa with t6e lom evkleaoed by tbe Note�includiaj�but not limited <br /> to.naPtaeautiam conoeminj Borrower't oaupurcy of t6e Aropaty��princip�l raWeaoe.If this Saa�iiry Inan�mmt L an a <br /> le�hold, Borrower �tWl comply with�Il the provltioot of the le�e. lf Borrowror �oquires fee ude w the Prop�e�ty. tbe <br /> lea+etwid aod the tee titk shaU aot a�e uaku I.eoder a�mes to the ma=ec in writio�. <br /> 7.hotectloe of Le�der'�RI�h4 i�tie Propsly.lf BotmMer ftili W prtiw,u'�+;`w:-=�--°'�apeettlmq oorWitred iu <br /> d� Secudty lnu�ument,or thec�e i�s leµl Piaceedin�t�t mt�'diNflcaody�f'fxt LRade��=i�hts 3n tbe Property(wcl��t a <br /> �'���i ��P�Y,Probate,for 000danoatiaa or forfeiture or w eaforoe la�v�or re�ulatbos)�thea i.eoder m�y do+iod <br /> pry for whatevu i�neoesrary w protect tbe vslue of tbe Propaty �od I.eader'�ri�6b fu tbe Property. L,endeP��afoo� mq <br /> include P�Y�t �Y +� secured by a liea�vhich ha� priority ova thi� Seauity Insaume�� sppeario� ia oaiR. Ph'�t <br /> rwonabie attomeyt'fea and enterin�on rlu Propaty to m�ke re�ain.Altbou�h L,�nder m�y t�ta actbo wder thi�p�ra�nph <br /> 7,Laode�dop rot lave w do so. <br /> Aay �n�ounu di:buned by'•Lerida under this ps�np6 T �It b000me s3didoo�l debt of Borrorver �ecuted bry diit <br /> 5xuriry lasaumeat. Udas Botrowa aad L�ender qra to alra ternu of Paymau.tbae�mo�nu statl bar iaten�t}Ynm tbe <br /> d�te of dhbur�t �t tbe Note rue aad �lQ b�payeble� rvith intarrt�upon notioa fmai Lmckx to BocroMa req�atlo� <br /> I�Y�� � <br /> t.Mort��e Ldu��ece.If I.a►der requlred mort�e insur�aoe�s a ooad.ition of aoskio�the lo�a�oc.vred by tt►i�Security . <br /> I�ument. BorroMer shdl piy the peemitam��nequirsd to m�iwain the mxt��e inwraaoe ia dtoa. If. for my ma�on. �he <br /> mo�t{o`e Inwr�u�oe oover�e roqai�ed by L.eader l�a or aaKS w be in efWct,Bormwer:haU pay tbe promiam�reqidned o0 <br /> obtain oovera�e iub.uncLUty equ;v�lenc w tne monµ�e ina,aooe pt�e�►jaWy fin etro�x�ae•oost�ubwoci.��y«pav.teoc w me <br /> ooet to 8orrowu of the mort�e insurmo�e pceviauly in efkcs. from an dtern�te mortp�e anarer�pproved by Lmder. If <br /> abstantialty equiv�lent moRgqe aauruioe ooverase ia ant avail�ble.Borrorva�aA pry w Letader e,�ch mo�artA a wm equal w <br /> ooe-taelRh of the ye�rly mort�ge inwnmoe premiwn beia8 Paid bY Borrower wden the i�urxna oorer�e lap�ed a aared w <br /> '� be in etfax.La�der will�cocpt,we�od raaiu thde p�ymmts a� a Ioa reaave in !ku of m�rtp�e in�unooe. Laa n�ecv�e <br /> �ao=�� <br /> �3VIMEl a����.o� ►.o.s a� � �,{„ <br />