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<br /> � . `< 5.I�aaad or�rog�ty I�un�aa� 8ormw�shaSl�the imp:ove�eats aow a�isdng or he�eaftes eaected an tttse Prop�tjt ' � � ,,:
<br /> '' � i "and other bazacds.mctudin8 ft�s oa .
<br /> < iasu�tl aga�st 2Q�by fue.ba�ards inctaded�the Oeam"exteande�oovera8e �Y .' ` , `-;
<br /> ,i���' ` �:-�� ed In the amounis�d for tLe peri�ds tbat Lender
<br />. ?° ' :� tl�ading,far which Lendea zaquires�ce.'11�is�su�ce sl�aU be�a . . �...
<br /> �`�°'-'._ reguires.�e ins�uaace�providing the ms�caaoe shaIl�e chosen by Boaowes sab�ect ta Leadea's app�oval wAit�sball not .. ..
<br /> �-`�,.¢— `u:`- be tm�anablS► with�eE�- if Boaovter fa�73 bu maIIra'in coverage dascn�bed above,Leader may.et I.eudes's ogtmn.obtain r��
<br /> � , oovetage w groLea Ieada's r�ts ia the Pmgesty in accordanoe witb pa�agmpl�7. cia�osc.I,eadet shati � T
<br /> �� `�. A�msaianCe Polides and tenewaLs shall be acceptab2e tio Le�tl�a�d shall iaclude a staadard mo�age . �..'
<br /> . 6ave the r�ght to ho2d the poliaes and reaewaLs.If Lender seq�cs,BaAOwer shall P�P�Y��Lender atl receipLS of Pa� � ` � .
<br /> t • p�s�nsl xeaewal aofcces.rn the eveat of�.Ho�aowea�all give promps nat�ce o�tl�e i�su�ae carsier end Leuder.Laidsr
<br /> r `- - may make�aof of toss�P natmade pmmPi�Y by Ecs�o� f
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<br /> S. l �. � - Unless�d�and Barmwer otLe�wise agiea in arr�g,�P����lied�o res0�ariun os m�of the . ,� _-
<br /> �` prapaty damaged,if the resoo�atian or repair is eco�micattY fea�ie and I,�dra's se�uig►is not Ie�ar�.If the iesmaa�on ar . �m: .
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<br /> � ;�`':, repa�is uot ecoaomic�lty feas�le ar Le�cd�r's sec�ity would 6e te�ted,the insazaacc psoceeds shaII me app�ed w the sams __
<br /> .. "�' secaued bY tdis Seciaity► �t,wehe�or not then dae,with any excess gaid tn Bmmwer.If Bomuwer ahaudons ttte _
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<br /> ``�� _ � ::�'�� �opeaty,ar daes aot a�swea within 30 days a notice fmm Lgnder�tl�t the insmance e�uuies has offeaed�settle � ` .,..�., x
<br /> <�' .� �may coIIecc the insm�se pmceed4.Leaca�may ase the pmceeag w regair ar resmre 8ie Pi+op�ny► PaS►
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<br />� � ,. , by tLis Se�ity tnsu�mea►t,whether or nntt�n due.'ILe 3Q-day gednd w�l begin wheu dse aottce is given --
<br /> `'' '� '- . tTntess I.eada an�Bmrower othe�wise ag�ee m w�ng,enY aFP]a�Wn of pmceeds to p�ap$1 shall nat a�nd os gastpaae -
<br /> .. . . . ` ' the due daie of the tnonthiy paymc�ts refened to�paragrap4�s 1�cd 2 or change the amoimt of the payments.tf ander paQagr'aph '� ` ,..,,_.
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<br /> -- -- 21 the Pcopeiip is ar,qnired bI+Lendr�•Bom°we�'s right w any�aswance gal�c�es a�d pmceeds ra4nttmg fmm dam�ge m the , _
<br /> �< < . pro�y pttnr ta ihe acqaisvian shaD pass to Lcaedea w the ext�t of the sams searm�c�by tfis S�uriry�nsuument immedla!eZY . �_
<br /> . � •� piiarro theacquisition. : . <,.�..,-
<br /> Borrawes's Loan ApP4Icat�n.I.eas2�oIds .,s� '�`'T`'
<br /> � , 6,�ocuPanc9�Preserva�un,�and Frotes�u of the 1�topertY's . :..,
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<br /> _ . T °_ Baimwea sbaD aCa�gy.e�b}isb,aad ns$fie Pc+oPertY es�ormwer's prinapal resideace witLin�t7►day��ite�the execadon of *� _ _ ..
<br /> ' . �. tt�s S�ityr I�suum�ent and shaII contiaue oo accapy the Pmp�y ag Banowa's principal�oe for az teast oae ywr aft�r the �
<br /> . .• . _ " , . �..�. daQe af oa�pancy,unI�s I.ender athe:wise a�ees in writing,wfiich coASeat sUall siot ise iau+easonabty withhela,ar unless ",�,.,=_ .�_-
<br /> ` ' � .�a �aaating circams�n�e�ist whicb are beYond Bos�ow�'s conu+oL Baaowa s1m11 aat dest�oy,damaSe er imP���O�Y• _ _
<br />:'� .�;;,. :",'.� attnw Q�e Pmpeatq w detpainsa[e,or c�:-t wasts on the Propert�a.frurrnwea shall t�e ia defantt if a�r fosfeIGue ac�do� ar �._,_Z,_..�
<br /> . � . . � pmceedin8,wheihea civU ar aiminal,is�egap that in Lata�'s guad�sith jqdSmeat e;nnlA�sntt m forfei4ue og�IIe Pcopeaty os
<br /> . . . . � ;:� otherwise materialtY impair the liee�c�eatEd by this Secarity lnswment oi Leadds securii�►iatea+est$ormwer may cuee sach a, ..__.. . .,
<br /> .. � � � �It.and rems�.a9lnovided�n p�PL 18,by causing the aa'son ar piaceeding ta be dismissed wirh a mHng that.in .�:
<br /> Le.ndea's good faitb detEammation,Prectudes forfeinue of dse Bmmwec's intcae.sc tt�the Property oi othee material�t of ';�;°��:�•.
<br /> . ,` � thc lieA creai�d by tt�iia Sec�it�►Iasorom�or Lendea's s�aity int��am�wer shall also be tt�default if Bamowea,dming the ;;,.'�: `"�-
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<br /> . .. � loan applh�tion pmcess.Y,ave materlallY falsa or inaccivare iafarmatiaa or smtemeats to Lender(ar failed to provide I.+endet with �'��;����-;�--.-
<br /> . , �''; any mateaial informatlon) in cannecdoa wiW the loan evidented by the PIote.utcludin$, but not limited to.representatians - ': :'�`�,:
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<br /> . . conc�ning Bortawds occupancy of the ProPerty+a�e DtincI�l residenc�If tLis Secmnty Insdament u on a Iease�old,Botrawea ; ,•� ?�
<br /> . . .. ' ��,,} . - • _3_
<br /> . , � stiall comply wiW all the pmvL�ons af the leasa ff Bosrowea acquires fee dtle tn the Prapedty.the leasehotd aad the fee title shaU
<br /> r' .. not merge nmle.ss Lender a$rees w the mc�g�in wriang.
<br /> . ' 7.Protec�tan af Lender's�3ights in the Property. If Borrower fa�s w peafosm ths covenants an�a�rcements containe0 in - '�; ;•. ___
<br /> "-� . . U�at may sig�cently a�'e�c L�d�ar's rigbts in the propPny(sacn as a - -- --
<br /> z+:,. . � this Seauiry Inst�ument,ar theae is a IeS�P�� ,_ - � �:.
<br /> , ���.:. O�ng in ba�uPTCy►.Pi'obate,for condemnation or forfeitnre or w enforce laws os regulations).t�en Lende,r may do and paY ; ::-.-- �. .. ..:
<br /> � , '� for whatsvea is n�az7►to pmtc�t the value of the Progeary and Lender's righ�i¢r�e Property.Lea�deac's ac�oas maY heclude ',?i!� ., :.. --
<br />��'�.. � � � .. P�8 �F �s sec�ueA by a lien wl�ich has priority ovea this �.�y Instmmen�aPPearing ia cowt,DaYtr►S reasaaahle ..�.. :'��,`
<br /> .� � . atmmeys'fnes aad entea�ng on the Ym�ertY oo make�eDaaa Alth��.ender may tslce action und�this p�h 7,I-�'�fer ��Y`� �:;�.���.3:°
<br /> �. ��. daes not t�.�u�do so. , .,
<br /> - . '. ,�. .". Any a�?rrnts disbu�sed by Leatdea imdea this Pa�a�aPh 7 shai!become addidonal debt of Bormwer secaned by Wis Se�auity .
<br /> � �nswment Unless Bonowe�and Lender agree to o�sar tearns of paymeait,the�se amounts shaU bear int�est fmm the date of
<br /> , , i disb�semc�ai tPie Note rate and shall be payable.with inteaest.upon aotice fmm l.ender tn Borrawu requesting PaW►en�. . _:
<br /> . ' 8.Mortgage Insvrance. IP Lender req�red mo:tgage ins�uar►ce as a condiUOn of mAking the toan secured by this Seauity , ,
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<br /> ' � � Instrumen� Bonowe.r shall pay the premiums reqairee� to maintain the mortgage�ce in effect. If,far aay reacon.the
<br /> - - . . mortgage insw�ence covetage require�by Lender lag�s or ctases to be in effect,Bormwer shall pay the premiums iequired w ' , '
<br /> � obtain coverage substantially equivalean ro the mort�e u�s�uance previovsly�dfect,at a cost substanti�II�equiva�ent to the
<br /> cost to Borrowe,r of the mottga�e insurance previoasly in effeq. from an aItecnat�e mortga8e iasure�2�grC��.d by I,eader. if
<br /> � . substantially equiv�lent mortgap„e lnsurance coverage is not availa�sle.Boaower shall pay tn Leader e�e�st2i e sum equal to .
<br /> - W on�twelfth of the yeariy mortpge lnsu�ance premium bein8 D��Y Borrov�er whe�the ins�u�oav�e Ca�sed or ceased to . . .
<br /> ,:,�i,- � . be in effect.Lender will accept, nse and retain these payments as a loss reserve in ]ieu of moitgage i�.�ce.Loss resenre .
<br /> • Form 3028 9190 ,_
<br /> . � /(�i�.gR(NE)�ga�2t.o+ Pege3ot8 � Initial9: ... . ' .
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