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2� 1 ��5�74 <br /> af coverag�. T�erefa��, such co��erage shall �o�er L�nd�r� but rxii�ht �� might nat prot��� Borrovv�r, �orrov�er'� <br /> equity in.�1��Praperty, or the can�en�of'�he P�ap�r�y, ag�ir�st any ri��,h,a.�ard or�iabilit�and rnight provid�gre�ter <br /> ar lesse�cov�rage�b.an w�s pre�iously in�ffe�t. �orrower ac�xQw�edges�hat the cost�f the�nsurance co�er�g�sv <br /> ab�ined r�ught sig�.i�cant�y e�ceed th��a�t of zr���ra�ace��t�orr��wer�o�ld have obtained, Any amount�disbursed <br /> by Lender und�r�us Se�tion 5 shall�eca�e additiana�d�bt af Bo�ro�er s�cur�d by this Secur�ty Instrurne�t. These <br /> amau��s sh�ll bear interest at the l���e ra��fram�h�d��e vf�sb�s�rx�.�n¢ax�d s�iall be payab�eg �uitk�such in��r�stg <br /> upom not�e�f��m L��d.e�r t��orrQ�cr�r r�qu�s��z�g�a�rr�a�n�. <br /> All insuran��p�Z�c�es require�i b�Ler�c�er an�r�n��vals��'s�eh poliG��� �h�l be subject tQ L�nt��r's right�� <br /> d�sapprQ�e such pa�ici�s, ��al� include a�ta,u�.ard m�artgage c��u.s�, �nd�ha�l name�,er�d�r a�m�r��agee az�dJor as <br /> a�ldx�zon�I �oss payee. Lender s�all ha�e�he r�ght t�h�ld the p��ie����nd ren�wai c�xti�i�ates. �f��nde�°requir��, <br /> B�rrow�r shal�pr�rn�t�y,�i�e t�Len��r a1�X�c��pts of pa�d�Srern�uxx�s��reza�wal x�o�ic�s. �f��rr��v�r abtai�.s any <br /> �arm�f i.ns�arran�e ca�er���, n.�t o��erwi�e r�q�ired by L.�nd�r, �`Qr dax���e to, a�r d�str�ct�Qn af, th��'�ap�r�t�r, �uGh <br /> po�icy sha�l i��lu�e � staxad�rd�nort�a��c�a��e�nd��a�l�anze T�enci�e���n�artga��e ax�dlor a��n additi�nai �Qss <br /> �aye�. <br /> I��.he ev�nt af�as�, B�rra���s�all giv��rom�����ice�o t��i�a��xa.nGe��rrier and Le�d�r. L,��def z�ay ma�ke <br /> pr��f vf�o�s �f z��� na�e pr�mptly �y �rr���r. L�n���� ��nd��r ��d �r�ro�v�� a�.h�r�vi�� ag�ee in wxit���, anY <br /> insurance p�ac��ds,whethe�ar�.�t��i��.u��derlyin�ir���ra��e uras��e�uare�by L��.�i�r, shal�b�appl��c��o r�storat�a� <br /> �r repair��'�he Propert�, if the r��ta�r��i��a�r��air�s�c�n�mica��y fea�i�i��.nd L�nder's s�curit�i�na��essened. <br /> �]uring�uch.repa�r and r���aza�i�n�eri�d� �.�nd�r�h�ll��v��he r�g�xt���a���d�uch�x�suran�e praceed�until Lend�r <br /> has had ax�opportura.�t� �� �r��pec� �uc�a �'rap�rty to �nsur�th�v;ror��.��bee��omp������a L��der's sat�s�actian, <br /> provid�d that �uch inspec�ina� sh�l� b� uaadert�.ken pr�mptl�r. L�nc�e�r m��r ��bur�e proceed� f�r th� repairs and <br /> r�starativn�x�a sin�le p�y�n�nt Qr i�.a�eri����pro�re��p��er�ts as�h�w�rl�is com.�leted. Un��ss a�a�greemen�is <br /> made in wr��va�; or A�pli��bie L�w r�qu�r�� �n��r�st�o �e paid�� such in��ra.r_cc pro�e�d�, Len�.�r �h�.11 no�b� <br /> requured tv pa�r�3c�rrower�y��ter�sfi or earnings�x�su�h prac���s. F�es f��p�b�i�ad�u�t�rs, or other�h�r�p�rt�e�, <br /> retained b��orrawer sha�1 not b�pa�d.Qut of�e ir�suran��proc��d�a�za�sh�ll b�th�s�le abli��iio�a of BQr�rQwer. �f <br /> �he restara���n ar rep��r is n�t��onamaiea������asibl�or LeMder's�e�ur���ou�d b����s�n�d, �he in�ur�nce pr�Geeds <br /> sha�l be ap�li�d�o�.he sums s�cuxed��this Secu�'�ty In�tr�.ent,�v��th�r ar���then du�,w�th thz�xces�,if any,pai� <br /> to Borr�vv�r. SuGk�.insur�,���raceed��ha�I�Se ap��i�d ix��he o�d�r pr��ided f�r in See��4��. <br /> If Borr���r�b�.�ndoz�s �h� Pr�pez��y� �Genaer m�y fi��, n�go��a�e�d��ttle any alraila��e ins�ance claixn and <br /> rela.ted zx�a�ter�. If Bo�rro�er d�es no�re�pc�nd wi�hin 3�da�r�t��n�tice frQrn�..�nd�r#.�at the�nsuran�e carri�r�as <br /> aff�red to se�tle a cla�m,�h�n L�nder may n�go�iate and����le the ula��, �'h�3�-d�.�period vvill b�gin wh�n�he noti�� <br /> is given. �n ex�ier��=en�, or if Len.der a�qui��s the P�c�p�rfiy u.nd�r S�ctiQx���or a�h�r�vvise, B�rrow�x�h�reby assign� <br /> �o Lender�a��rraw�r'�ri��ats ta any ins�r�nc�pro����.��n�amou��t��t ta�����d�h�amounts ufl.�ai�undex the <br /> Nvte or �hi� ��c�rit� instru�rzen�, �.nd �b) any �t�ief af�3�rrower'� rig�.�� �c�th�r �n �h,� ri��.� t� a,�y r�fund �� <br /> �n�arned pre�xu�rns paid by Borra�v��}u.ri.d��ai����r�n����1i�ies�o���xng t���r��r�y, �sofar as such ri�hts are <br /> ap��icable to t�.� covera�;e v�th�Prap�rt�r. �,�z��d�r rn��u���� ��sur�r���proceeds�it�.�r to repa�ir or restor�the <br /> �roperty or to pa�ar�ouxats u�p�.id�.nc��r�h��o��a���u���c��xri�r�n��rt�xzent, ��e�er�r�at�h�r�due. <br /> G, �ccup�n�y.�orrQ��r shall�ccupy,�s�b�ish,a��u.�e tl�e Fxaperty a��3orrawer's principa�resid��c�w�thi� <br /> 6� d.��s ��t�r t�� ���cuti�n o�r�'�s ���wrxry�ns�ri�nt �nd sh..�I1 conti��� to oc�up� �he P'r�per�y a� �ar�ower's <br /> princi���r�sidence f�r at�east on�}Fe�r'�ft�r tk�e�iat��f��cupa�n��, u.��ss��x�der d�ter�i�.es t�at t.�i�re�uirexr�e�at <br /> sha���ause undu��axds��fc�r�h���ro�r�r ar u���ess e�tenu.at�.n.g c�rcuxr����r���s�x�st�hich ar��e�or�d Borro��r's <br /> ��ntr�l. <br /> 7. �"r����a�i�n, Nlaint�����e ���1 �rot���i�n �f�h�Frap�rt�; �n���ec��vn�. Borrow�r sh��l na�d��ira�, <br /> d�a.�e az��rn.�a�t�i�Fr�pe�ty, �����r��e�'ro��rt�t�d��erivp�t�or ca��t wa�te�n th��ro����. �rrvw��sha�� <br /> maintain t�e�ra�zrty in ord�r to�r�����t�a��'rQp�r�f���d��erio�ra��n�or d�cre�si�g�p��lue c�ue�v�ts conci��x��. <br /> Unless iC i�d�te�rmix��d puxsua�t ta ���#i�z�5 tha�r�pa�r��res��rati��is x�vt�cvnom��aliy fea�ib��, �orx�w�r s�a�� <br /> �r�m��1y repair��e �'ra�er�y �f�ia.�n�.���to ava�d f�t�ier de��rio�a�i�n a� d�aa�e. �f insura�ce a� �arzde�xnat�an <br /> pro�e�c�ar�p�.id in�anr�.e��i��vvi�d.a�.age t��b�Prap�r�y,Bo�ar���rer��a�1�be r�s�o�.sila�e far�epairi�a�v�restorin� <br /> t�h.e Prop�r�y a���if Lesad��r ha�r�lea�ed�rac��s�for����a pu.rpvs��. �,e�d�r m�.�r dishur�e pro����l��'or#�.e rep�i�r� <br /> N�SRA��{A F�f►A�F�4F�"�iU�T-��S �Qc�l�g+ic� <br /> �lF..�QT��.F�A 0�!'i4115 F�g�6 vf �3 ww�sal�cm�ic.com <br /> ���.'��������Fi���'����C����'���!�� <br />