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<br /> 2� 17��2�4�
<br /> amoun�arx�f���e��riod that L�nd�r re�uir��� �r�vided by an insur�r s��ect�d��Lend�r agaix�r
<br /> �ec�rnes �.vai�ab�e, is o�#aine�., and Ler����req�re� se�ara#�1�design�ted �a�nen�s ���r�rd �e
<br /> �r���n.s fo� ��rtgage Ins�ranc�. If���t�er requ�xed M�r�g�g� I�zsurance as a co�c�i�a� o�
<br /> mak�ing the�oan an�B�rro�er�as req�ired�a�a�ce sep�rat���c�����te����rments ta�r�� ��
<br /> �r��r�xr�� far Mor�gage I�sura�ce, �orro�rer s�a�.l pay �e premi�ns r���ire� f� �aaintau�
<br /> M�rtgage ��s�uranc� 3� effect, �r to provi�� a no�.-ref�n�a�il.e lass r�serv�, ��til t�te Len�.er's
<br /> rer�uiremen� �'�r M�r��a�� �x�su�an�e end� in acc�r�ax��� vErith an�r ��i�#en a�r�ernent b�fivv�en
<br /> �3��xo��r and Le�.���r g�ov�.ding �ax suc� t�r�n.iva�on a� �n.fi� terma�r�a�ifl� �� req�ed b�
<br /> l��gli�at�l� L��r. ���aag in this S�G�i�n 1��.ffe�#s��rr���r`s��Ii��ti�� t�Fay irYt��es��t��
<br /> rate pr��ri�e��n�e�'a��,
<br /> N�ar��ag� �nsuran�e r��m���es Le��er �or an.�r en�ty #ha� py.�ar���s�� t�ie N'at�} �a�r
<br /> �e�a�n lasses it ama� inc�r if�o�ra�r�r �oe� �ot r�pa� �r� ���n� �s a�reec�. ��rrov�r�r i� r�n� a.
<br /> par�y�a the I��e�g��e rnsurance*
<br /> M��tgage i���rs eva���te t�e� #��� �isk �r� �ll suc�xns�rra.r7�� in �orc�f�am t.�.�.� t�
<br /> #i�e, �.�ma�r�n��ar��� a�e�ac�e�.#��rith�other par�ies�ha�sha�re ar modif�tY�e�r�isk, ar r���xce
<br /> I�ss��. '��se ag�e�rnent� ar� an ��rm� an�. ��n�i#ions th�# �re s�ti�f��tory #o �e martga�e
<br /> �r�s�.rer ar�d the oth�x p�urty ��r��ies� to �tese �greern�nts. Th�s� a��ern��#s may re��i�re t�'te
<br /> �nartg�ge �nsur�r tQ rr�a�c� pa,�rnen�s �sin� any so�rce of�ds �at �� xr��r#��.g� �.su�rer m�a�
<br />� h��e��a�lab�e ��rh��h�a�.�r include f�ds o���d�`xor�h�I�r�g��e Insuran�e pre�n�.�a��.
<br /> As a ��s�.t �f�h�se ag�ee��r��s, L��d�r, any pur�h�ser af #�� N���, a�a�.er ��ua���r,
<br /> an�r�i.ns�er, a��r o��x e�ti�y, a����l,i�t� ��any a�t�e f�re��ing, �a.a�r ar�c���r� {�ir�c���r
<br /> indire��Iy} �m��n� that ��ive f�r��nx �ar �nig�t be ch�raGte��� �s} a pvr�ion af B�rro�v�r'�
<br /> �ay�xe�x�s�o��artgag� I�s���, �n �x��i�g�f�r sh�r�.�a�-modi-€�i�z� �� �no��a.�e�.�c��'�
<br /> �i�k, QF r�du�Yn��os���. �.f��ch a�rr��ment pr��d�s �hat an�l��te of�.����r�akes a���-�o�
<br /> �e insu�e�r's�ts��.�at���a�.�e for��h�re�f�h��rem�ums p��t�t�i����rer, t�.e a���m�nf is
<br /> ���n t�rmed "c���ve�e��.�ur�ce." �ur�her:
<br /> ���Aa���u.� ag��m�t�w�I1�o� af�� t�.���umts�hat�rr���r has ��e��4
<br /> p�a�r �a�r 1Vivrt���$ I�.su�an��� � a�� ath�r t�r�.s �����o�. �uc,�. ��e�n.ents w�. �.��
<br /> �.�r�.�e th� ��x�t Borrow�r w�l o�� far 1Viart�ag� ��a��e3 a�atl th�r�1 nat �ntitl�
<br /> B�r�raw�r ta a,n.y refu�n�,
<br /> �� Ar��r �t�� �gre�m�nts wi1� n�t �� #�e r�ts Borrt�wer �.�s - if a�� -� �
<br /> r�e� t� �.� ��t���e I�.�ur�n�un�e� t�a.� H�mev�m�r�P'r�tec�o�.�ict �� ���� � a,�y
<br /> o��r �.a�. ���rights m�y i�n.cYxx.d�t����t to r�iv���rtai���os��s, t���qu�t��
<br /> ��tam. �anc�l�.a�ia�.of t�x��vi�rt�a����ur a�ac,�,ta�.a�r�t�8.11��T t�ag�I1i�ur�nG�������d
<br /> �uto�atic�ll�, �.�1� t��eveiv�a r e�����y M�ortg�,��Ix��u�r�c��r�miu�n� t��.t��r e
<br /> u�.ear��d$t th�t�m����.c�c�n��a�ian�r�ear��nat�o�n.
<br /> 11. ' �t�f I�i�c�I��us Pr�c�.�;��rf��r�. �.� Misc��ax�eaus�xa�e�ds
<br /> a�re�e�eby assigned t�a�d��a�X be�a�d t�Ler�de�r.
<br /> �BR�`�--S�n�e�am�y--��nn�c�MaarFreddY��o�3NIFI�I�M INS'�T�MSN'T po�rm 3c1�8 ]Vox
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