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<br /> - . ' or hereafter ereRe� on the ���'`� � :
<br /> � ' $. Haa�rd or II��9��' Hormwet sitall �eeP t11e imPmvements aow exisring indudin < �a,;.
<br /> .';;t''. . ha7ards irtcinded wittiin the tecm"extended w�ersge°aad any other hazards. S� �•,�� .
<br /> . `` �'° Fra�ertY ia�ured���t loss by fire, ce�hail be main�ine�in tteas amaunts ai+d fur the pertods 8 ; • •.°
<br /> �,:��; �ands.as Madiact.for which Lender requitcs ins��.Tins itfsurdn ro L�nder's i O�t F�
<br /> ' J,��p�����pp �j.� we���}�/�yMC!9n� «��.�..:.��.�noe sha116e cbosen qy�orrower subject appmvs� y� � �
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<br /> , . which shall not be unreasonabSy withheld.If Borrowet fa's1s cu �aavrdan�gtli patagraph 7�. ve.l.e r c der t u a y.at trenuer's � t ,
<br /> - option.o6taia coverage to protect Lender's rigIits in the Praperty• ' .4;.0 r .
<br /> Atl tnsurance pol�cies and reaewals sfiall be asceFtable to Lender and shaq include a stan e 1 s i d o l ea der a�,�P�u of ._ _---.
<br /> ��' shall have the right to hol3 We po3icies aad ren�vals.If Lendes r�uires,Bo�rower shall prom[�Y B � �;
<br /> ,.. �aid Premiums ami reaewal notices.In che event of loss.Borrower shall$ive prompt notioe to the iasmuaoe ca�ier and Lcader. � :�s'_:
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<br /> -° j.`=•• EOTI'OQJET. •��.
<br /> ...'�� .� . Lender may malce pmof of Zoss ef aot made promptlY 6Y rucceds shall be apptted w restoration or repair af the._ � .:�:t...,,:�,_
<br /> ia writitig.jnsurance P < .,__,_
<br /> , .' ,F:• . ET�ess Lender aad Bo:rovrer otheiwise agree' � <_.,��:
<br /> � � . �P�Y�,if the c+eswratioa orYepair is�oonomicath►feasibte aad Lender's secprity is not t shall be appliedr to the�svms .�°.;�-;�<;.
<br /> ,, n..,,,�. =� repair is not ecoaomically feasibte or I.eader's sea�ritl►arauld be tessened,the iasuraace prooeects � . r_
<br />' nt,whether or not tRen due.with any excess paid to Bormv�rer. If Horrower abandons the y �
<br /> '; ��` `�'� .��ti- . secured by this Seauiry Inst�ume — ` _
<br /> . ` , . Property.ar.does aot answer within 30 days a aotice from Leader dtat the insazance c�ier has offered w settl i�ta�m.� . ;,,.
<br /> ` 5 ` mceeds. Lender.may ase the pro�eeds to repair or rescare the Property _.
<br /> ` ,;��.; Lender-may coltecq the insurance P rics�wili begin wh�tha notice is givea
<br /> . . '`..;�t secuced by this SecvritY Insm��.��oI not t�en dae.'�6e 3Q-daY i� uon of pmceeds ta principal,shal! not extend or ' _Y;_
<br /> , .i,Tntess Leader aud Bomowei othecarise agre� ia writing, �Y��a n d 2 or chan ge the amount of the paymems. If , ,r.,':,_;=..
<br /> ';�: tpaae the due date of the monilily payments refemA to in paragiap resutting frnm --__-
<br /> , " �: P05 b Leader.Bairower's right to any inswance policies and proceeds �:::.,..LL__
<br /> r:i�.. � `; iinder parsgraPb 21 the FmpertY��� Y b ttys SecuritY�
<br /> rior to th+e acquisitian shall pass to Leader w the extent of the suu�.s secuted Y , . � , -
<br /> ` ";�: damage to ttte FtopertY P • =-
<br />_�::�I`- .-���. -_.•a: i a n n e d i a t e i���ervatton,Main�ance and Proterxton o f t he P rop e r t Yi B o r r o w e r's L o a n A p p f�c a b t u n.L�s�hoIds. i j,_
<br /> , s after the execution of � �
<br /> r��: Bomower shall•accupy.establish,and vse the PropertytheBorrower ��Pwer'�sipe paZ�sidence for at least one year after. �.,r �.;
<br />- •.�:� , ;: .i'; this SewritY Tnstrumem and st�all wntinus to accupY �P�Y .
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<br /> �,� `' �•���'� the datc of accuPanc3►.unless Lender otherwise agrees in writing,which wnsent shaU not be�reasona6ly with6�eTd�� the �`_ �•�---.
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<br />" . .. . �.r extenuaiing circutnstances exist which are 6e}road Borrower's conuol. Bo Bo �'s�hall be�jn�def�aut�if any forfeit�ue
<br /> ' w deteriorate, ot�ommit waste on the Praperty. �� -..:`
<br /> . •:. `.:; Property, allow the ProPertS' nt could result in forfeiture of the ,. �
<br /> . , action or proce�ing.whet6er civil or criminal,is begun that in 1.ender's goad fai o ��'s sec�ui3y iIIteresc.Bormwer maY . �._�.
<br /> �; r, '`� ,:�;;�' . . p�PeTry or otheraise matertaity impair thc lien crezted bY this Seauity Insawne to bedismissed arit6 a rtifing � _-
<br /> ----- .'`�„,... .� cure such a defautt and reinstate,as pmvided ia P�Pb t8.by causing the aaron or pmceedinS �;j _y.
<br /> `� `•, �' that, in Lender's gaod faith detennination, Precludes fo r feiture o f t he B orrower's interest in the Property or other�t�tiai ' �c _.
<br /> .• ,.��� interest. �eLower shall also be in default if
<br /> . � `.� this SecaritY Insuument or Lender's sec�urity ' '�!;::�_�-
<br /> uppairment of the lien created bJ► �
<br /> • �� : '�j ve materially false or inaccurate infomnation or stateaaents to Lender(or faited .E-.�.
<br /> E ':. .,.;_; Horrower.tluring�t►e 1�a�Plicadon proc�s.Ba � _
<br /> • . to provide Lender with any material information)in cannecoion with�loan evi��bnce If this Security Insbutrutnen.t�.�s on�a. ,� .,__-
<br /> � • � ` to.rePreseritadons concerning Borrower's eccuPancY of the Propem+ P �F _
<br /> , •'t �� �y the provisions of the lease. If Bortower acquires fee title to the Yra�,.�. �
<br /> . � ' ;s �easehold, Borrower shaU comply � -
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<br /> . • � � � leas�hold and the feE 6tle shall not merge unless Lender�B rrower fails to performnthe covenants and agreements wntained in ; ',; „.
<br /> • . �; 7.ProteciPon of I.ender's Rights fn the ProP�'• such as a' .�:'°F=.=
<br /> � - this Security Instr�ment,nr there is a tegal praceedin8 that tnay sigaificantty affect Lender's dghts in the PropertY ( � �
<br /> �".���; ' .•`•� proceeding in bankruPu7'•Pr��te.for condemnation or forfeiwre or to enforce laws or regulati9�)•�en Lender may do and . _ �
<br /> � :; and Lender's ri ts in the Prop�rtY. Lender's actions may �_:;-•_.....
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<br /> ;:.:,. , . • .• pay for whatever is necessarY to Pmtect the value of the Property � �____
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<br /> - , .•.''�.•�� tnciade paY3ng a�Y sums secured 6y a lien which has pdority over this.Security Insuumeat.'appearing in court, Pay�nB _ � N-
<br /> . •:: reasonable attorneys'fees anA entering on the Froperty to make repairs.Although Lender may tatce action under ihis parag�aPh =�
<br />-�, �� "�.a' • 7.L.ender does not ha�4 to do so. h ? shall become additianal @ebt of�o�s:ver secured by this �__ ___
<br /> ' pn y amounts disbu�sed.by l.ender under this paragrap
<br /> � ,,' � ''°i Security Instrument. Unless Borrower and Lender agree to other terms o f paymen�t h e s e amounts shall bear interest from the :�:A�`;:
<br /> ' � ' date of disbursement at the 1�Tote rnte and shall be p�yable. with interest. upon notice from 1.ender to Borrower requestin$ ;�_ `�.,
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<br /> . • � payment. .
<br /> • '' g,Mortgage insusance.If Lender requireA mortgage insurance as a condition of making the loan secured bY thig S�urity
<br /> . • , . 'Insuu�nt, Bonower shall pay the premivms required to�►�o be i effect�Bo owe slia11 pay th premiums recNired to ��:?�-°
<br /> ' � �� � mortgage insurance covera$e reqra..�d by I.ender tapses or ceases uivalent to the
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<br /> ' • • � � obtain coverage substandally eq':��ent to the mortgage insufance previausly in effect.at a cost substanrially cq -
<br /> ���� .r � � cost to Bonower of��:e mongage insurance.Pvera e'�s not avfailaS e�Borrowerrshal!pay go Lenderreach m nth b u�e4ua1 t° ., -
<br /> ;�;. . , substanrialty equiv�P�c rortgage insurance co e g ,
<br /> ' � � one-twelfth of the y�early mortgaa;e insurance gre�um being paid by Borrower v�+hen the insurance coverage lapsed or ceased`to :' �;
<br /> -,. g
<br />�,�.. " : be in eff:ct.Lender will accept.cs:and retain these payments as a toss resen+e in lieu cf mortgage insurance• Loss resetve I. . .
<br /> Y{, . . Form 3028 9190
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