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<br /> '-���' -- ':'i_-'.t • S. Hazard or Prap�9 �sm'ance. Borrower shaU keep the impmvements now existing or hereafter ereaed an the , ,<;�'�, �-�::�,'�
<br /> P p�opetty iasuced agsinsc Ioss�y fi�e. bamtds inciuded cvithin the term'ext�ded coverage`and any other hazatds.incladinS � -T �t,�'��`
<br /> • `-` -_-: �" ftoods or flooding.for mrluch lrader tequises insucaace.This insurance shail be maiatained ia the amounts and for the period4 , �`�.-:.
<br /> � ` !r de �� • �
<br /> ,;. �.F. c�rter rovid'sa the insutanoe shall be chosen by Bonower snbject w Lcader's approval , �,�. k ..
<br /> � �.: thai I�der reyui�es.The ins�uaace P 8 S " 4F 5:`:�-
<br /> , z ,`.°� withhetd. if Borrow�fa�s to maintain coversge descri6ed abave. Lender ma .at I.�der's r 'iu.� .
<br /> whidt shal! not 6e nnteasanabty y '„,.
<br /> �{�-4 r `�� optian,obtaia wvetage to pmtea Ixnder's rights in the Pmpecty in accordanre witL parag�aph 7. > `�:� ' •
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<br /> �-,�-: :=�,r. AII insuranoe Policies and renewals sDall be acc�table to Lemier and shall indude a standacd m�rtgaSe cdause• Leade� �:4:
<br /> ,��_'^ �-`�' shatl have the dgkt to hotd the policies and zeuewals.If I.ender requires•Bormwer sLaU pmmpdy give to Leader all receipts of � � Y
<br />_` +,.:_•;'�t`..�,�=� paid preminms and tenewal aotices.in the event of loss,BQrrower shaU give gmmpt nouce to the iusuraace cairier and[.eader. � � .. :.
<br /> "�. �"- f of ioss if imt�ade giaa�ttl�bY Botmtvet. �? a a .
<br /> lr.uder ffiay make pmo
<br /> . �;�.Y�� Unles4 Lauder and Borroaer athenv�se agee ui amun8.�msvr�tce Praceeds shall be appli�to ieswrarion or zepair of the � < �f 4 �``,`
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<br /> � - `=' propptj,damaged,if tke cestoratioa or repau is econosaisally f�st'61e and Lrnder's seauiry is aot i�ed.If the resto:auon or �_�
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<br /> �_¢ . �eQair is not ecaaomically.feas�le or Icodcr's securiry woutd be tesseaed.tSe insuraare pmceeds shall be applied to tE�sums -
<br /> - . ,. • - Iasunmeat, whethes or not then due. �vitJ►ar►Y eacess Paid to Bor�wer. If Bo�cowec abandons the :��;.�.' t
<br /> ., �� `��.,: �cured bY tLis Savrlty � :�:
<br /> _`- <<• ... �:=;� Propetty.or does not ansarer aridun 30 days a notia from Lender that the insurance cairier t�as offeced to s�tte a claim.ti�►
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<br /> , ,u. �,�u��y u�e the pmoeeds to t�epair or reswre che P�operty or to pay sums � ° ` ���
<br />� � ' � E�';:, Leuder may collect ttte instuance prc�ds• eriad w�ll begin�vhen Ehe n+otioe is given- 4 � �;.
<br /> � -� .; . , .r: secuted b y ttus Seauiry Ia�mear.whether or not then due.l7te 30-daY P , �R,
<br />��`.:��.::..�:'.`•'°�-.. lication of pmceeds to prinsip a l s 6 a U nat e x t e a d o r � •�:� � . ,��,
<br /> ' Uniess L�det aad Bmrower othecwise ag�ee in wridng, ac►Y aPP ';.,�.'. r.;... _.,....
<br /> ' t�, �d� �` Po,stpoae We dne date of dte monthly payments refeaed[a a�Qatagraphs 1 aud 2 or change the amaaut oY tfle paymeuts- If <4 ' '`
<br /> tmde[gatagtaph 21 the PmperlY is aCqui�ed DY Leudes.Bottower's rig�t to<vry insucau¢e Pul�sies aud pmoeec�cesuitmg fi�om r s'°� °;_.
<br /> ? � ,'�� damage w the Property prior to the acquisition shall Q�s w Lender to the exteat of the snms sewred by this Se�auicY�s�ent �} ---_--
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<br /> ' _ r"'_� 6.Qoeupanc9+Ptrseavatian.Maiat�ance md PtaLecttnte of t�te P�opert�t:Bomnvw''s I.aan Appltcatto�I.easeholds.
<br /> �`�. cesideuce within s+xtY daYs a8er the racec�nian of �
<br /> _ --. .u-.�=-.u Bornuarer shall oocupy,establish,and use the Pcvpett}t as Bormwer's principal � � :�_,__:.L;•_�'�_--_.
<br /> ���:,,��� > _ •,, tLis Securiry Insvnunent aad shall Qomiaue w ooa��y the Ptopei4y as Borrower s ptincipal ceSid�ce for at ieast one year ;� �
<br /> • t <:; �' m writing,whic3�ooasent shall not be uureasoffiblY withheid.or unte� , `-
<br /> . c . the date of ooca�anc}',unless I�euder otEetwise agiees� r- �
<br />,::.' � .-•.r '� `t`:.�.� eateauating ci�tanees eaist w6ich are beyoud Bomawa's conunl. Bomawer sha11 aot desuaY. daaeage Qr �mga� the ; �. _
<br /> . praperty.altow the Pmperty to deteciosate. ot oommit wazte on the PmpenY- Borrower shall be ia defanit if any forfeinue ;_�-.'';"�:_:`
<br />�,'_`, .,� ` .`�'�`�T� acaon or whet6er civit or criminal.+s begau tt�t in Leudet's gaad faith j�tdgm�t eould res�ilt in forfeimte of the ..,
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<br /> ` `�°F.. or�g� materiallY imPair the lien cceated by this Seciuiry lasuament or lxnder's seauiuy uueres�8ormwer map � �Y
<br /> �` ```'� �� psuvided ifl 18.bY pusing the acdon or pmceeding w 6e diami.qsed witL a zutm8 : . --
<br /> - .. , ,,�:�?: cvse sach a defanit aad reiastate,� P�S�P h or othet mate�al . . : --
<br /> �.. � �,w : c6at�in Leader•s good faith dete�a►ination, Dr�udes forfeitmre of the Boaativer's� ia the Prapert�► ,�`, �:_:
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<br /> - :�' impaument of the lien cmated dy this SeauitY I�n�°r 1���s sec�ity inte�st. Bosmwer sLaU also be in default if " ::�
<br /> �G4 . , .. ;� Bom�wer.du�ia$tIle toan applicatiou pmces4,ga�+e materiallY f�se ar inacc�ttate info:mation or statsueats to l�nder tar f�ed :',_'< �—=v-
<br /> -- . .,.`., ('; co pmvide L�der with any mateiial iaformatiaa)in canuecrion with tLe toan evideaoed bY the Note,incindi�•bin not timited �:`:�t
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<br /> - ��''�• �o.reP�tations coaceraing Borco�+rer�s°c�Fa�u7►of the Progerty►a4 a Pimc�pal�dence.If tDis Seauity►Insa�s�t is on a '` t ;:_
<br /> �°'a-• . �'�.;'�� Ieauhold, Bmrowet shalt compIy witb all the pmvisions of the 2ease. If Bottawes acquiies fee ritle w We Pmpetry, 11he :,, ��._
<br /> ---�� �'''°� --- Ieasel�old and the fa titte sLall not merge unless Lender agrees to th�mecSer ia writiag. �'.� _-=
<br /> ` � 's��� 7.PratectIon oY l.ead�'s Rig�is ia ttte�t�op�ty.If Borrower fails w perfoim the covea�mts aad ag�s coatained in �,,�:-'-;�:- �
<br /> + � � �' this Seiauity Ias�,or thece is a iega!Ptoo�S�ffiY gS��Y affea lender's rip,bts in the ProPe�tY(sucb►as a •-
<br /> "�..�. �::-�r pmceediag in baalwP�Y•P�bate.for coademaation or fo�feinue os to eafo�e la�vs ar�egutatiams).then l.ender may do aad : �
<br /> .'�'��� � pay for whatever is aecessaq►to Pmtect ttce vatue of the Pcuperty and Leader's rights in the Property. l,eader's aaroas may �--
<br /> � �: iudude DaY�S �Y � � hY a lien whicb has prioriry over this Seciuiry Iasuumeni, a�peazinS in oowt. Faying
<br /> . ,- to make c�aus-AI[huugh Leader maJ►tage acaaa uader tAis par� .�
<br /> � • reasoaaLle attameys' fees aud enrering on the FcoPacY � _-�
<br /> ; . . ,� T.LEa�r da�aat i�e to do so. _ -
<br /> _ pny aaw�ts disbu�rsed DY lend� msder tUis paragreph 7 shall become additianat deDt of Borrowes secaied fYy t�is
<br /> : E�:,. ,._`- ' SecaritY tmstn�eni. Un2ess Botmwer aud Lmder agree to ather terms of paynieat,these asaounts saaU 6ear interest fcom tde _
<br /> • '`� at the Note rate aad s�all be payable, v�itD inceres�,agon aotice from L�der to Bosrowec requesting. �.°.
<br /> `�, . . , .., date oi.d'isbwse�eent `:'.
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<br /> �,'_� ; , ' '�.', � ���g„Mort�e Iasman�e.if Lender required mongage insurance as a couchuon of makwg cRe tuan se�vted by this Se�uiry , ..
<br /> `; = ". iagmiment. Borrower shaU pay the premiums reqaired to main�ain tlre mvrtgaP,c iasur�c�in effece. li. fos auy ceason, tAe ,;;.:.�.�' � ::�:
<br /> ' . - � •t- '!-, �o�tg a g e i n s i u a a s e cov e c a ge c e qui:ed hy i.eader lapscs os ceases to be ia effect.Bosrower shall payr the p�mium9�� : ;,.; .
<br /> : obtain ooverage substantiaBy equivatent co ehe mangage insurance previciusty in effect.ai a casi substantiallY equiv a t e n t to t h e ' :,.;,'.�
<br /> � � '� cost co Samawer oY the mongage insusaace pieviously in effecc.�from azs attemati mongage insuter approved Dy leader.Ig .
<br /> - . -� - suDstaatially eqnivaleae fuortgzge igsr�rance ca�erage is not avaitabte.Borrower shall pay to l8nder�acD montlt a sum equal to . .
<br /> - • � one-twelfth oi the yearty mongage insuraace Premium being paid by Batrowes wheu the insutaaae coverage Iapsed or aeased to •.
<br /> '�'.�;: � . be in effece.Leu�ier will acceQt.use aud re�ain taese payments as a toss resecve iu tieu oi mongage i�aace. Loss reseive . . � .
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