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<br /> -::•;r,:�f`�,�';;�:�: 5. Ha�rd os Plroperty �ce. Bonvwer shalt ke�p die improvemeats now existing or hereaiter e�ccted an the _S•i.
<br /> '� -� ° • pmpeaty ins�ed against toss byr�ne.Ita�ds inctuded within t�e cerm'eueaded ooveiage'and mry other hazar3s. includiag �.
<br /> ` � ~�-4�. _�• Roods or 800ding,far afiich�.ende:reqnires i�uance.T4is invuance shati be maimained in the amounts and for the periods r
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<br /> F-� .�:.�:,..�QE:; that i.ender�equims.�he insu�oc catrler providug tbe ins�taace s�a!!be�by 8orco�rer sabje�to l.ender s approval
<br /> ��' .:- vvhich shall aot be�3Y withheld. Tf Borcowar fa�s w mainiain coverage dexcn'bed above. Leader may.at Lender's
<br /> '°:��� "''�� opuon,obtain c�average to pmte�Lendes s rights in the Prnperty in atxordance with patagxaph 7. � �
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<br /> '-`•"'�°";'�``'�,"'�` AU ms�ttmnce policies and r�als shall 6e aace�iabte tt�Iender and shall indud.e a standard mortgage ctause. Lendgr
<br /> �:'..�q:... :<= e to f.ender all ciaoeipts of "-':
<br /> _� .:^ � shall bave the right to hold the poli�ies and�caevvals.lf Ixader nequires,Borrower shall pramptty giv :
<br /> . . •�`-�;`;;.^> P�P���newal uotipes-In the eveirt of iuss.$orrawer s�all give ps�umpt notice to the ias�raace carrier and!�: �-:"`
<br /> -�'-° -��'w,�;n: I�tder may m�ptoof af ioss if aot made pmmgtiS►hY Banowes• �,• '
<br /> - c.�i=}'�`x [INcss Le�der and.Bomawer otherwise agi+ee in writing.instuamce pmoeeds sliall be applied co reswration or mpair of the
<br /> �4-' �� �P�Y��if the restoration oi�+epair is eoonomiralIy feasibte aa�Leader's seavity is uot lessenod-If�he�re.ttosation� �
<br /> --_': • =-:�,-_��__ repffir is aot eoonomicaliy feas�3Ie or Lsnder's se�urity wrnild 6e t�ssened.the;++�++•a„�pmceeds shal�be appHed to tl�stuns
<br /> r :_ : s�us�by tlns Seauiry Iasu�rmeai,wlu�er`or not then dae, wit6 any exccss gaid to Bormwer. If Borrower abaudaa4 the < ,
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<br /> .. ��� .�y.���`� YtapertS►.oc dces not ams�rer arithin 3d days a antice from I.ender that the insurmioe carrier has offe�w settle a claim.ti� �.--
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<br /> "'"�'`r �:"��''; �,f�1113y OO�Ct t11C itmlf3riCC jfI000C�3-,j..eA�1�J► t1SC tZIC jft�t0 t�d1t Or ICSWt�the PIOjIeliy Of t0 p8y Stt�S .'.a--
<br /> ��� �' SCCIIIf� t211S �W�1Ci�Ci OT tlOt 111Ca dIIG�1$3Q�(�3y pCitOd QVi�j�tII t�tvC IIOt10E iS$iVQ1• ' ..`�:
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<br /> �� '-;��C� � . �Unless Lender and Borrower othe�wise ag�e in wridng,anY apptis�on of Pmo�C to Pr�P� s6a1!not e�ueasl or
<br /> ,•�; � postgone tl�ee due date of the�onthIY PaYme�s refe�l to in paragraphs 1 and 2 or change the amouat of tbe payments. If
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<br /> - � undet pa�agtapb 213$t Pr'oPertY is acgn�b3+I�d�;BoAPw2r's rig6t to suy insmance policies and proae�ds t�vlting fmm �L-�
<br /> �` .�;' � dama�e tu t6e FroperiY Piior ta the acqaisitfon shall pas.s ta leuder to the e�tent af the sutas Sewned by dds Security Insttumeut
<br /> en �
<br /> �" �E�" , iaimedia4eiy prior to tlre ac�isitiom � _
<br /> 4 `� .r�., b.l'�oc�apaucy.Pt�vattoi4�ai�ce snd Protecttoa af ttie Propety,Borcowa's I.uan Appltsattan;Leas�otds. �.z -_
<br /> . 5' `` • � Bo:rowec shall�.espblish.and ase the Prapetry as Bo�w e r's priacIpal r e s i d e u c�w i t L i a s i�p d a y s a R e r t h e e x�a n of �,_-
<br /> %�:�;:� � •':�':n;
<br /> - ��:.=':����s::� tAis Sewriry I�ap�nt and shall contimis to acxugy the Pmperty as Borrower's priacipa��sideuce for ai leasc one yeac aRer ��_:=-
<br /> `�-'"' - the fiate uf��al+.anlesa Leuder otbecaiise agc+�es in wtiting,arhicti catnseat s6alt aot 6e aareasanably w;�thhetd,or rmlcs� � -
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<br />- '":�"�:• exte�ating clraimstances exist which are beyot[d Borrower's contral. Borrower shall nat destroy. damage or ta� the �,;_.:
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<br />'`%"�u�i"-4`�'•` �P�Y•����P�3+to deterio�ate,or commit waste an the Praperty. Bormwer s6a8 be in defm�tt if any farfeitute . �^_=
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<br />, :�,r-.;;: ;,�:. . actiose or pmEaeed��,whether civ�os crimina�,is{iegun drat in L�encler's gaad faith judgmend caatd resu3t in forfeitare of the _ _ _
<br /> �, •:�' ., �mpert}�or otHerwise matesially iu�Fau the Hen cceated by tbis Sec�riiy Insaument or Iender's security inter�s�Bonower may .
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<br />;,`'.}:�..�'�;�:`;,�;. 4" cvre snch a defautt ami r�msarte,as pmvided in parag�aph I8.by causing the acxton or pmceediag to he d'�ssed with a mling� _---
<br /> '• ��� ' it�t,ia Leadcr's gand fa�dec�an.P�es forfeisute of the BorrowePr�ir�temst in the Progerty or otHer materiat
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<br /> _ :. .`, ::'.,�' iuspau�eat of the HeR c�ated bY this Sea�an+Iagtrument ot I.eatfer's seauity iaterest. Borrower shall atso 6e in defanit if . .
<br /> �...'.-.t: ��'�:'�,r • ' �8arcower,dutinS tbe toaa applic�tiau prao�ss.gave m�tetiauY false or inacauate infor�tloa or statements to Lender(or faited� -
<br /> ,:.•'wF.:.7.u.,.... . .
<br />_!,��-:.�,; t:,::... . w provEde Le�eder with any material infom,azion)in cou�ton altb che toan evidenced by che Note.�nctuding,buc aot�limit�d
<br /> '"`__:�._; :t.: �' w,r�reseee.utatioas ooaeeimAg Bomower's ooaipanc.y of the Property as a princlpal resideace.lf this Se�vtity lnsteu�cnt is oni a . .
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<br /> ; -wF::. ... te�sehoid,Sormwer strdU aompty with alt the pmvlsions of the lease. If Bomuwer acqaires fee tide to the Property. the,
<br /> - °"::';1:,��;,�:_ � leasehol¢and the fee t{tte.sbatl not merge unle.ss�Ir.ader agcees m the merger iu am'iing. � .
<br /> '"- _ • .T.ProEedian af LendePs R�g6ts ia the Ptvp�►.If Bormwes fa�s to ge�form the coveoaata�d agreemeats:obnmined lu .
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<br /> _P:,__':`::;;r��� ' this Secu�iry Instrdment,os there is a tegal prooee�ng that may signiffcantiy affecC LcaWer's r;ghts in the Property(snch as a
<br /> � �� � proceeda�g in bantnupuy,pmbate.for oau�tion or.fodeittue or to enfor¢c taws or n�gutat'sons).then I�dee'ma�t do and
<br /> `-,�'.w� •��• �aY for a�atever is neoessasy w prutect the valne of We Pmperty and Lender's rights in the Pmperty.I.ender's acaons may
<br /> _=_="'_�_`��,�� ia Yude PaY�B�Y � � by.a liea wLicL Las prioriry over this Security Insaumenf.aPP�B io aaart, Paya►g� .
<br /> --°��� � reasonabte auomeYs'fces aud eateriag on tlie Pmgerty to make repaiis.Althoup�I.eoder may take aMion aader tI�Ls paragraph
<br /> -----:�"�;s�• 9.,I�utes dues not 6ave to do sfl. � . . . . .
<br /> _ -�'�`',a°��. � y►ny a�nam�ts dis6m�se4 hy Lender uader this para8raph 9 shall become additionai debt of $orrower secu�d bY this ;
<br /> _--- .. Seauicy.�Ualess Bomawer snd Leades;agr�e to other tem�of aayment,th�e amouatd shall bear iate�st fm�n ti�e :
<br /> ---__:�-;�o d�e of disburseme�i at ehe Nate rate.aad shall be�yable.iHith iaterest,upon uo�oe from t�ender to Bum�wer:equesC�ng
<br /> --y.��� . paymeAt.. � ' � . , • •
<br /> _-``;:� 8.Martgage I�aeanae.If Lender reqnired mortgag�insu:anoe es a�oondition�of ma�ing the toaa.secus�d by tl�is Se�ItY
<br /> = v;�;;�,�;� : . .tati�tcament,Botrowe�shaU pay the Premiums rpclqlred to maintaoun the mortgaga huuranoe ta effect.If,for any reason, the
<br /> _�:=_��. mort�ege inswance cavcrage�bY���or ceas�w be in effect.gorcow�shail pay the pzemimns required to
<br /> _----__- ob�in ooverage substaatially equ'svalent to the mortgage insasaace pnwlonsly in effect.at a cast substan�ially equivatent to the
<br /> - -_-� cost to Bb�wer of�the martgag�insutanoe PrevtmisJy in effect.fmm�an altemate mortgage insurer appmved`by Lender:if , .
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<br /> ---�;�,�,�� sabstantialtY eqttiva2ent mortgage iASnraute coverage is nat availab2e,$mROwer sbatl pay to i.ender each mopth a snm eqdal w
<br /> - -=-_- - ane-twe1RD af the Y�Y�5888 i�P�miam b�Ing�d 1ry Boriower when the iasu�noe cav�a8e taFsad or cea,ged w �
<br /> -.�4-__-- Ee tn ef[ect.Lender,wlll aooept,use attd�thesE paYme�►ts as a toss•�senre in lieu of mortgage in�usnw. k.oss:re�r►e
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