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<br /> `�`J `' . S. �smrd or Ptop�ty Insmrance. Sorrower shall keep the improvemeats now existing or hereaRer ezected oa the -;�.�:��.
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<br /> -:-:� . -�� � p�pRy�asuced against toss 63r fue,har�ds iacluded wiWin the term 'extended covaage'and any other ha7ards. inctu�n$ v;..�
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<br /> _ : IIoods or ftooding,for whicfl Leader�equires iagurance.T6is insurance shall ba maintai�in the amonnts and for the periods ;:� .
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<br /> ��.e.:• ., ,. that Lender requires-The insuranoe cazrier pr+�viding the�shall be chosen by Barcower subject to L�der's approval ,�-
<br /> �.-<r:r � �'=� ahic�shaD not be unreaso a a b ly w i d i h e t d i f B o c r o w e r f a i l s w m a i n t a i n c o v e r a g e d e s c n'b e d a b o v e. L e u d e r m a Y. at Ixnder's `�:: • .
<br /> _��s�:� �:`•: �`�:��_ �a,obqia ooverage to p�Ix�der's dghts ia the PrupertY in aceordaace with pangraph T. -;�°'::.�`.
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<br /> ::�'.:��s-_'�.':� pri ias�uance policies and rene�vals shall be arceptable w Ixader�d shall inc�lude a staadard mortgage clause. Lendes :..:,,
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<br /> ---- ::'-=�� shail have the rigiu to hold the policies and maewals.lf Leader regui�es,Bonower shalt prompdY give to Lt�tdet all nooei�p[s ._ ,
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<br /> _ :,�.4��• paid p*�^..TM�-�?and mnewal noaces.In the eveat of loss.Bormw�s6ai1 give prompt nodce to the insurance carrier and L.ender. --
<br /> 4�"� Lender may make praof of loss if not made promptly by Bosmwa. .�`":.-
<br /> [TBtess I.eader and Bonower othecviise ag�ee in writing,;,,�,*�„ce p��eed4 sl�all be appli�d w iestoratioa or tepair of the _ '
<br /> ,=°:;�=�``.�`.�;�': . P[apenY damaged,if the restoration or repair is ecoaomisally feaSible and Lender's secarity is not lessen�d.If the reswcatian or "��F,
<br /> � � X�~ at t�air is nat eounomicallY f�s�'b1e or I�nder's security wouId be lassened,the iaguraace proceeds shaU be applied w the sums �.
<br /> . . ��.�;-��� "?• secured by this S�urit�►Insuume�, whether or aot then due. with aay excess paid to Bormwer. If Borrower abandons the -' r�
<br /> �-r::��4 ���`�" pi,operty�ar dnes not answer withm 30 days a nouce fmm Leuder thaz the ins�uauce ca�ries has offered to s e u le a c l a i m,t hea ;
<br /> . . .., I�der use the to repair or r�tore the Propecty ar w paY s� :�:;
<br /> - ��''�:::����:�L; leader may co�tect the iasur�nce pt�nceeds• �Y P='0�
<br /> � �--, . ad will b when tTne aotioe is given. :.�''��
<br />:..:4-r"•:.-:;;_z.::�` ����ty�whetber or not then dae.The 30day ped egia y.
<br /> �s-: -.�'%=���;:� Untesa Lender and Botrawer otheiwise agcee in wzitmg, �nY aPP13�ioa of pmr�s to priucipal sUaU not exteud or .:,-.;�
<br /> � n` ,:t� postpone dze due�of t6e moa�IY Paymeats zefemed to in paragraphs 1 and 2 or ch�ge the amount of the payments.If under < f.:
<br /> =z�r-:�._,_,°s;: Lender, Boriower's right w aay insaiauee policles and gruoeeds msuidnS fmm ';
<br /> ,F�.,.,_,::��;;;. paiag�aph 21 ttse pmperiy is acqnired bY `- • -
<br /> ,- ,`�"� ,- damage W tlte AroperiY Psior w ttse acqaisit�oa shall pass w Lender to the euent of the sums secured by this Seauiryr tns�meni :. .
<br /> �s�:`` "`�r immediately prior to d�e acquisivan- Bar�ow�'s Loaa A ���- .;�,,>,
<br /> �'�.,_.',< _:t;F p��y M�a n ce a n d P c+�Ion of the Fm p e ri y; PN�o _,�Y-
<br />- --��'� ``,?' Borrowa sHaII o�1ish,�use the Ptoperty as Bouawer's principal�ce within siuY da}►s aR�r d a e e�o f '".``"_
<br /> ^� ' as 8orrower's Pr�acipal tesidence for at Ieast oae Ye�aRer ; �
<br /> -,,-.•L:�'_.,,__�.:.:� this Seaul►Y�s�nment aad s11211 Cont�nne to aa;aPY��P�Y os tmtess •� _ `
<br /> < . ihe date of accupancy,�tess I�nde�oihecwise a�ees in writing,wLich oons�t sbaU not be anreasonabty will�het�. `�� r-u.
<br /> ;, �,'o;�'.�:_n pc�g cira�msmnces esist which are•beyond Borrower's coatroL Borrower shall not desuoy, damage ur �afir � � °�
<br /> �.- `�::�•:"';�,,. pmpeny,a11ow the Pmpaty to deterioiate,os cummit waste on the Prope�ty.Bomowes shall be in defaNt if aay forfeitu� ` :
<br /> � `�� ` ���'. acdoa or pmo�dinS,wheWer civri or crjm3nal,is beg�m d�ac in Lender's gaod faitb jndgment cauW iesolt in fosfeitane of the ~ '
<br /> .�;_ � -- this lnsu�t or Ieadet's seaulry intesest.Eormwer may �
<br /> ` �ti•_ p t b pettq or a t h e c�s e�a i l Y i m Pair the liea��bY ��!► .
<br /> " • :.� Ged ia h 18, the acdon or pmoe�S to be�ed whh a ialfmg '' ';
<br /> ,.:,..:.<<�..;, ixme snch a default and r�nstaae.as PI'avI P�B�P b3►�g
<br /> - :">,;.:;:�`��- ,,.;�; ' Wat,ia Lendec's gaod faith determ�nadon,Pmecludes fosfeivae of the Barmwer's�m the Proyerty ar other matecial �,;:
<br /> '' � '` ��L'OY thC I�CD CICBt��}I
<br /> this Security Insuument ar I.euder's sec�ity iaterest. Botmwer s6all also be in defat�it if ti'
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<br /> " Bormwer.du�ng the Io�applicadon pmeess,8ave materiallY false or ina�nrate infarmatian or statemaus to I�ader(oi faited
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<br /> ° �` , f.=,;.:} to pravide L�det with aay mater#al infom�ation)ia oonnection wIth the ioau evW�b3►the Note.iaclud�uS.b�not limited - ---
<br /> .'.-�-,.�...., . of the PmpertY�a P�P�residence.If tLia SetarrltY�suum�t is ast a �
<br /> � .s;�,,: w.re�seatations conceraing Borrower's accuDaacY -
<br /> .: .� :.< � ° teasehold, Bomower sbaU oomply with ait We pmvis7ons oY the 2ease. If Bomower a,cquires fee titte w the Pr�opertY, the �:_:
<br /> 1 `''r-� �01118[Id thC�t�C 8h81j IIOt IDe[�B t1�C.43I.EAdCt 8$IC?S W IhC mCi$C[�II,Wl��D$•
<br /> �"-:';;��`��'�----:,. 7.Proteaioa af I.cad�'s at[glrts iu the Properi9.If Bo:mwer fails to perPo:m the covenaats aud a�cuatained ia -
<br /> � `' `�'� this S�ait�►Iasuoment,or th�e is a legal pmceeding tbat maY sf�i�t1Y�e�x l�endeer's dgiits ln the PmQertJ►(snch as a � _ -
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<br /> :. ''.';`��: *' p�g in bankcupwy Pmbate+for wnde�on os forfeidue os to eaforce lawa or segulallons). �actions�maY
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<br /> •r..,. .,i�����;�;'' � pay for w b a t e v e r is n e c e s s a ry to Pmtect the valns of the.PmpertY�d Letcder's r�gWs in the Pro p e t ry. � oo�. P�$
<br /> ' ..�-,:1:'': '•x•' 811m9 SCGI[C�� 8 1��b8S �Oi�t11 aVC[th�S sCCI1t�1J1 ��. �g�� -
<br /> � inclnde PaYmg.auY w maice sePairs.Alihongb Leuder may tage actton mader this pacap}aph --
<br /> �..``"��'� -'��h`�;° reasanab2e attomeys'fees an�eatetfig oa the Praperty -__--
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<br /> =�:_,.. - ;F;. 7s LCIIQC?QOCS IIOL 1�8tIe to d0 80. --
<br /> .;<�`,-�':.-?�;:: ; Auy amo�mta disbntsed 1fY l.endet tmder @iis paiagcepb 7 aLali become addittonal debs oi Borcawer se�aued by tLfis
<br /> � . ,.,. ,� .. Se�arity�ns�m,ent.UNess Bornuwer an0 Lender agtee to ott�er terms of payment.these amomats aOaU beae intereat fmtn t4�e
<br /> ::��;�4.: °-.,- . 2e, wlth i�ecesc,uP�n nodce from.Lender to Borrower reqaest�g -
<br /> _ .:�,?.;;.;::;�; • date of disbnrsement at the Note sate and shail be payat► . . _---
<br /> pe��' mo insurance as a caadition of maging the loaa securPd by ttsis Sec�urity � ' a�-_
<br /> �''" S.Mo�gsge Ia�eace.If l:endet seQaired tcga�ge =
<br /> ::,�_ ;,�:.:'`":'� � • I�s�o�e�,Baaowet shall pay the ps�iu�.a reqaired to maintain the martgage iasatance ia eSect. I� for�Y teason. dce �:
<br /> �, � Insuranoe rovera�e r�u��y 1�er lapses or ceases w be in effe�t,Bflrmauer shall pay the premiums reqnired�o F.;-
<br /> mOrt$0g6 �..b•y •� f,,,.,......ws W,��,�,,*V ,,t��N �}�.��� _,�.,�• •L,,
<br /> .-� _ .��! Giu tQ Yiei�rt�luDY+a�+w p1�.YlVfW7 �ilivv�f�a�$��w""""y�Yii1GiLL�{Y� �w
<br /> .,, a. t:. Cb�l COVCfd$8 BUbSfBIIt�j/CQU�VB�
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<br /> oost to Bosrower of the mortgage iasmaar.c prevtously 3�►effect.from an altesnate mortgsge ia4arer aPPx'a�'ed t►Y Lender. If .` F v
<br /> _, ' "'. `' ��` sabstaadaUY�vatea���insnrance caveiage is not available,Borraaer sball pay to l�er eacb taomh a sum eqaal w . � ^
<br /> ��; �nr�::::..._.:,�,: sedorcease0w _ -
<br /> - }s° ane�twelRi►of the yearly manga��P��v�d b7►Eosrower when the iasat�e ooverage l e p .
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<br /> be ia eSed.Lender willl accept.ase aad retain these payments as a lose reserve ln lle� of martgage 9asa�ence.�Loss resen►e � ��; .
<br /> :�.�:. :. ".�} . �t • iam80Z8 9/90 • 6::
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