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<br /> �� . insnrane� Bo:mw�sba11 keeP the�mPm�emeuts anw e�s�ng or hereafter ecerted on d�e Prvpati �� �`T�.,�.,'
<br /> S.Ha�or P�operi� �� : .
<br /> ` � ins�ued ag�nost t�s��Y�►����the t�m"e�de�wvaage"ead any nthei da�ards.in�ludin8 II�ads° °� .
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<br /> . Qaoding,€mc which Leadea r�quues�'��s�ll be mainmiaed in the amounts and for tho periods . , . ' .. . -
<br /> t h e i n s r n a nce shali 1�x chos�n bY Bonower subject to Lendes's approval vrhLch shall not ,. ,
<br /> .,.
<br /> �equuc�.'i�e����P��� ��aoveaag�desaib�d abQVa, Lender may�at Lende�'s o p d a n.o btain � "�:�,<� ,
<br /> �: rre.4 wer fm�s o� � .
<br /> �� be u�ason�ablY wi�hed8. If B�Qro ,.
<br /> -:.� cav�ge�paote�I�tdc�s rights u�the Pmpeacy in as�dan�se with PazaB�'�ph 7. � _ _ �_
<br /> r� • All�1'HI��ces�ewals shail be acc�tabl�ro Le�dar ead shafl inciude a stendard ma�gage t1�.l.endsa shall ` .i .
<br /> and renewa�s.If Leada requIIes.Hoirower shali pmmD�Y 8�de ta Lenda all receigts of paid� �:. .
<br /> � �� bave the right m ho2d the policies t namce w�he insurance carr�er and I�cnd�.l�endea�• � z. ,r�. . �.
<br /> ' preminms and reaeoval notires.rn the eve�tt of tos4,Bauower shaII give gmmD �,'; .�:. ...
<br /> c� `� .
<br /> ` : ` may make gioof of I�s4 if ttat made pmmpdY by Bosmwer. :'��-� F -��
<br /> . � �wr�ng,ins�uance proce�Gs shaU be ap�ed to r�stflsettfln ar tepair of ihe� .:,. , s��
<br /> .., '`<. �� Unless I.ender and Boaow�othe�wise agcee aU
<br /> � is eaonamicaIIY f�te and Le�der's s c c u r iry is aat lessened.lf the resto�atian ar�' `::
<br /> .. prop�y�if the�sUO�ation or r�aa woul�be lesseaed.the i�sarance pluceed9 st�a11 be spplied tt►the sums� . . = _
<br /> .a', rqra3r is aot ecanomicaIIY feas�Ie or LEnd�'s seauit9 with Fafd to Bomowa.'Jf Honowet abando �.,:�_-�_�
<br /> ns We :
<br /> ��yy�S�u�ty Ins�omaent,wherhea o�not tfien due. �►Y�� _ .
<br /> r. , properiy,oz dnes not enswea widuu 30 days a notFce fmm I eadea that the incu:ance cacrier t�as offeaed w seWe a ciatm.thea d; ---
<br /> cu an
<br />�s � ceed.s.Leader mal►�se the Pm��w�Pa�or cesm�e the P�apertY or tn pay s�s�red .
<br /> ' r ` Leu�er may collsc�thx��Pm ` :
<br /> '"`�'% eroz notd�dne.11ie 30-day periad �when tIIe aot�ce isglvch. � . .> . ;
<br /> , �, .::;"� • Dy�is Se�tY t�so�ument,wheth lic�tion of praoeeds ro pr�cipa►sha11 noi�tand os postFone .;
<br />_ . ,,.�`�>;.°'`:;, : Untess I.r�d�and Baim w e a�o�h h�v v i s e�in wridn g,anl�2 or c�ange the ammmt of the payments.If under paragrap h •. .• F`_-
<br />- �° � the due date of the mont&tY��tefeAed to in pa�� �� �"-' -_
<br /> Bairower's right to&ny insuraace policies eud yzo�e�s tesWdnB dama8e 4o the
<br /> 2I the Avp�N�a�9�6Y L�tder. this Scxuciil►Ins�u�en1 imrttediatelY -----
<br /> � - ` propaty p�ior to ti�e erciIIisi�ioD s6aU Pass w Lendea ro the extent of the sums s�by '-�. � -
<br /> ~ � r `�° �I10I t0 th8�� ' �C81$Otlf�.CIIEE�lO� . ,�..--
<br /> � � ,� 6.Oecapanc9.PreEervataon,M a�e�a�ce an d S r a t e�t o n o f t h e�i r o P e r t 9: B o n�s e r's Y.u a n A p p ' `� �
<br /> '��`.' as Boaower s prindpal mstde�ce arithin skty day8 aftrt the eaeCIItion Of <.�,"�'�=_
<br /> : .�;. Boao�wer shaD acxvpY,e�blisb.and use the PmpeatY ;_._.a;,_---_
<br /> Imuument and shall continue w occuPY dte Prop�cY as BoA°wa's principal aesidenCe far e2least une ye�r aftrt Ih� - --
<br /> . ddg S� . �, w6icb consent shall aoi l�e unreasonaDEy wl�hetd.ot �l�s ..- -
<br /> � ^� dat$of occapancY,anlesg l,end�otheiwise sSoees writi��• --
<br /> wis
<br /> ' '�'", �xt�uanng c�stauoes exist wh�cL are beyond Baaow�'s canttoL Bamnwer st�all aot degoroY.damaSe or imp2ir Qte P�opettY• _-
<br /> � a11ow the P�c+o�rcyr to det�atc.or oommit waste op�he PropertY. Bosrowes sl�all6e ia default if mry fasfeimra ac�on o: �
<br /> .. � '�,;`, ' _ pmcee�ag,whe�er c�or exlminal.Ls hegaa that m Iandca's goocl feith jndgaeeat cauW�esatt in forfetmce of the Praperty or ,, - ��s
<br /> . othcawixe mat�iallY�P�the ti�cieated by this SeciuitY 1ns�um�t or l�der's seeurity int�ss.Barruwer may atre saeb a ' "=�:_-.°-�--
<br /> m h 18,by causfn8 the action or p=ace�fi�+8 W be dis�nissed wtth a rating thab in �
<br /> de�ault aad reinstate,as grov�ded� P�P —c�-L�
<br /> . '�:` .` ludes forfemue of the Honower's inteaest in the Aopetty or athet matraiel impt�snent of
<br /> . .. ;:s:: Lend�'s good faiW dcteaminasion,Psec mterest Bormwer sbaU atso bC in de£aalt if Bumower.durin8 ttt� �`
<br /> . . • �• dta liea�ereaied�by 8ris Sec�tity Iastramea�t or Le,�der's securitY� . _ . -_--_--
<br /> e mataialiy false or�nacauare infosmatinn or statra�ts to Lender(ar failed to pmvIde Lander with �. - - --
<br /> � . ; �' loaa sPPlicatiaa Fmcess,� ' ' .''`�..�... t s=:
<br /> , .' tadone � .
<br /> , �, any mateaial infom�ation)in connecdoa witD the loan evidenced lsy the Nate.incindisig,but nut limited ta�represen .,f,.: _:
<br /> ..� .:�s.--._.
<br /> � - oonce�mimg BmROwer's accuP�n�Y of the FcopestY as a FrinctDal residence.If this Seauity L�soniment is on a lease2�oW.Bcftwmwes . .�.,,-
<br /> acq f dde tn the.Pro .the Ic�sehoId and Qce fee dtus ehaU `�'�-
<br /> aU �:
<br /> � � �. shall wmpty wIth aU the piuvisions of the tease.lf Bosmwer �res ee P�Y . :.�..-_-
<br /> .. . . not meage unless Leader agccees to the meagea in wridng. fonn the covereants and a�cemeats cnntaltte0 in � . ;�,�..
<br /> --f . . �. 7.Protecdon of Lender's t�ights in the Properip. ii Borrower fa�s w� • .� ---- _
<br /> � this Secaricy Iasuament,ar th�e is a IeB�P��B��Y��cantiy sffect I.endea's dghts In the Propearty(such s�s a � ..':. �� .
<br /> � bate.for candernnadon or farfeiuue or to enfarce lawa or regulations).thea�Lcndea mF►y do and pay :'.,° - --
<br /> • pmceedinS in bant�►PtcY,� end L�r►dea's rights ia�he Pcog�ty'.Lender's��lons mrsy incluQo �---:
<br /> � fot whatevet i�neces�r5+�P��the value of the Proyerty► Inswment,aPP�B in caurt.PaYln$�onable
<br />_��: � - :�a.:_ ".
<br /> . paying any snms seraued by a Ilen vfiicb has Prtorit�► over this SeciuitY h 7.Lcttdet "'- = °
<br />� ; • _ attorneys'fees and e�tea3n8 on the PropertY w mage repairs.Althaugh LenQea raay tekcs action�rtdea this paiag�aD :-,,..�,�;�
<br /> � . � does not have to do so. h 7��me sddidoltal debt of Borrower secured by this Socwity �`:':.:��=�--
<br /> � ., ... ' . My amounts dLsbu�sed 13Y Lender andea this Dara�p . -, • ._ —
<br /> . . Insuument Unless Bmirower and I.�nd�a�e w other t�ms of paymen4�h�so amounts shall bear int�rest from�be dutc of �. .
<br /> ' • disbursanent at the Note rate and sball be payable,arith interest.upon notice ftom Lc�dea w Sosrowee requesan8 DaYmene. •r.�
<br /> : • S.MarigaBe pnsm�ance. If i.esdzr required mortgaBe insurance as s candidon of matdng the taan seciued try thls Securicy;,,
<br /> `'��� . � " Insa�mnent,Bonower shaU paY the Dlemimna required to mainta9n the mortgage insurance ln effect If.for�u►y reason. the , . . , .
<br /> .•.j • � mortgage msumnce coveiagc re4uired by Le.ndea lapses or oeases w be in effeq;Horrower shaU pay the premiums�ulc��w•.• .
<br /> � �� � obtain caveiage substantially e�luivalent to the mortpge insurance pleviously in effect.at a cost substantialiy��y Lender. if .� .
<br /> cost w Bonawer of the martgage insurance previansty in effect,from an att�anate.mort�e insurer aDp . .. .
<br /> � substantialIy eciuivalent mortgage insurance coverage is noi available.Borrower ahall pay to Lendr.r each month a sum equal tn t% . .
<br /> . . ,, one�tweffth of the yeazly mortgage insurance pmmium being paid by Boaower when the lnsurance 6overage laysed m ceascd to '. . _ :
<br /> : be In effec�Lendea wi11 accePt,�se and retain these p ayments as a toss rescrve in lieu of mortgage insurence. i.oss reserve . ..
<br />:�::,.:. • . . � Fo�m 8020 OIflO .
<br /> PagO 3 018 inttlale: .
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