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<br /> S.Hazard ar Propert.losnnnce. Bamar�sb:jll kap the impraremt�t�now e�cisting cx ha+eatZrr erected cxr che Property
<br /> insured ag�itut bss by fire, t►azatds inc.[udul within the tetm "utwd�cd covrra8e� and ae�Y at�r!�a�rds. ux:lnding tioods or r
<br /> floo�ding,for which L.cnda rtiquira'v►s�uarkx.This i»wrsncs st�all be sr.ain�in dtc arrwuats anv f�thc periods�at Leader
<br /> reqoirts,'It�c ins�uance carrier pcoviding tbe i�a sfirall�be clx�sen by B�ortv�ver s�ebpxt tn Lus3er's a�pro:�al which shall noi
<br /> be �iabiy witht�eJd. If Boavwa fai}s !o usa4u� covrraga �escr�bed abov�, L,tnder may, at I,t�cr's apption, obtain .
<br /> c�a�Se t�Protcct I.cnda•'s riAhts in the Psoperty in acco�Ce with pffiagra�h 7.. #� _
<br /> AlY iruurana policies aiM rznewal�s3sall bc saa�tabk to I.�arui steall inducle a�d mongagc clause.�Cr►der shall
<br /> {zave ths right to hotd tt�e polici�and rsnew�]s. if Leacla r�quires,Borrower shall P�D�Y 8rn ro i.cc�der aU rooeip�i of paid
<br /> premiums an�r�cwsl noticxs.In tbe cvrnt of bas,Batrower shall givc pranpt notsca W the�carricr ar►d Lcaufer.L.a�du
<br /> may makc F:cwf of bat if not made Fn�P�Y bY��►'C*-
<br /> Uniess I.afdtr and �arowcr aU�awisc agroc in ariung, insurancx p�roaecds shall be a�pliai to resuuation a rcp�ir of die
<br /> �F�Y�a8�.if the rcstoratiocs or rr,�ais i�eoonomicslly [eau'b�:aaa I.ender's sacnriry u not lassenod. If the restofation or
<br /> e
<br /> rcpair is n�t xawmica!!y [e�'�!e cx Lrnder's�eeuriry wt►�rld be�, ti�e Lluirance pr�.�s s1�si! be appliod w tt�e sums
<br /> yxured b}� this Sauriry Instnn.�nt, wt�ettxr or r�ot tncn d�, with nny �xcess paid to Burrawer. If BcxTOwcr abtuidons thc
<br /> ProputY. or eloes tw+t answa withitt 30 �}�s e ttoticc from Lrnd�x th;u dee irrsura�ce csJriet ttss ofCered co setlk a cLzim, then
<br /> i.ender may co:loet tt►e in.wrancc procrzdc L.ender may use u'x proceeds tn rega'v or restore�he Pr�paty�ta paw sums secu�+ed
<br /> by this Security Inst*umcr,t,w�ethc.r or noe�hcn dac.The 30-clay�n�c1 ariIl bcgen when tht notict is given.
<br /> Unless L�sncl Bortowex otlx;:wise agroe in writinS•�Y�Plicatic�c�a��xoceeds ta princip�at shall not extend or posq�one
<br /> the due date u6 che montlilY�aymai�refarcd to in pazagraphs 1 m�d 2 a changc the 9moant of du
<br /> paymenc�..If under pan�graph
<br /> 21 tf�e Pro�erty is ac:qu'ved by Lcx�dcr. Bcartower's right tn any in$urancc policies and perxx�eeis res�:lting fram da nage to the
<br /> �P�nY P�� ro the acquiti6on shatl p3ss to L,znder t�tbe eztast oE the wms� by this Socurity Instrument immcdiately
<br /> prioar to the acqnisivan.
<br /> 6.Occ�apancJ,Fresrrration.M3iatcnance and Prolectioa of tbc Propert�; Borrow�er's t.oaa Applicalion;�,ea,uho�d.�.
<br /> Bormw�cr shall xcupy.es�Siish,and use tho Ao�csty as IIoreower's grincipal r�sida�cc wichire sixty cfays after the uccution of
<br /> this Sa°uriry Instrument�d shall contin�to c�ecupy tbc Property as Bo�roa�a's ptincipal resKfencc for at k�t�ne year aftn thc
<br /> date of occnpancy. �;nlZSS L,a�dcr otha�wi4e a�r� en writing, which c�n�ent shall :wt be nnrc�onably withhcld. or untcss
<br /> r.ztenuatir�g circumstanr.cs eziu whide arz bcyvad BeROw�cr's control.Borrawa shall na d�rc�y,damage�impair the Prapaty.
<br /> albw tt►o Pr�erty w dctuiorate, or cammit w°aste on !he
<br /> �rrocxciing,whcthu civil or criminal,is + • �y. gOmO� � � � �fault if�tny fosfciture action or
<br /> �B'a' � � ���s Sood (aith ludgtrtent could rault in forftidtre of the Property or
<br /> athuwia;rtsatuiaUy impair the tien crcatod by this Security Instrumrnt ar L.erxier's socurity intra�st Borrt,wer may cure such a
<br /> default and reinstare, as �ovidai in ParaBTagls lg, by causing tl�c actian � pmacding to be dismissed with a :uling that, in
<br /> l.ex�dcr's goocl faith dctcrmination,prcxl�des 1'orfeiam of the Borrower's intcrest in tfie Prro�xxty or other matuial impairmcnt of
<br /> t!�lien creat�M by this Sccurity Insuumeat or Lender's socurity inura�fiorrowrr s�eaU aLso bc in defau!t it BoROwer,during the
<br /> loan a��Plicatioi�pr�;�s,8�ve ma:�crial.�y false a inaauTatc inf�nat�w staiemcnts to Ltnder(a failed to provide Lendca with
<br /> any rtu:!esisl inCamati�n) in connection with the ban cvide� by the Note. mclvding. bat not Iimited w. rc�re9entaticns
<br /> concerning Ba�rowcr's occuFrancy of the Ropaty as a�xincipal rrsidc�ce.lf ehis Securiry Insuuman is on a k.3set►old.Borrower
<br /> shaii comply with ail the ptvv'uions of lhe k.ase, lf t3�mvwer acquircs Ctr dtk to the Pr�}xxty.tht kaseliold and the fec titk shall
<br /> ►u►t merge unkss Le:r�'•x si,�to the maga in writing.
<br /> '.Protectiou c►i!i��'s RiYhts in thc Property. If Borrowrr fails to perfarm thc covenancs and agrxmcn�s contaitkd in
<br /> thi� Secwiry Insonirsust, � there ic a k8� R��B � �Y signif�canUy affoct L.eoder's righcs i►i the Property (•uch � a
<br /> P��B���F�Y.Frob�tc,fa cocxkmoatios�ar fo�feiwre or co c�fora faws cx reSnl�tions).then L,cnder ma�do and(mY
<br /> far what�;ver is n�y W protxt the vale�e of ttre Property ar+d I.ender's rights in thc Propp�ty. Lenc�u's actions enay includc
<br /> FeY�B a�rY sums socu.�ed by a �ien which tuis pr�ray ovcr �his Security Instruma��. a�pearin8 in court. paying reasona5te
<br /> utorneys' tees and a�scring cx� tbe Pro�Crty Eo malce nq�airs. Altltiou�fi Lrnda may talce aciian undtr this Paragraph 7. Lendtr
<br /> does nat havc ro do so.
<br /> Any arnounts disburscd by L�ndtr ur.dc;r this��7 shaU t�ortae additia�al dcbt o[Borrower s+xurcxl hy lhis Sceurity
<br /> Instrumtnt Unkss Bcvrower snd l.atder agrce to other terms of paYrtx�t, thae amounts shall bear intex�st from the date of
<br /> ex
<br /> d'u'b�;mtx�t at thc Ntxe rste and shali be PaY•9ble,arith intuest.u�tm notics from I,esider to Bomower reqcestin8 FaYment
<br /> 8.Morig�ge Iosnranre. if I.rndu required mcutgage�urencc as a ca►ditian of maicing t!u toa�s securc.d by this Security
<br /> lnstrumuit� Borro�va shaD] t�y the praniums rcquired W maintain the mortgage insurance in efiax. IE, for any reason, the
<br /> mortgage ianirance cova�agc n�quircd by I.rnder Iapses or ceas�s t�be in eftax,Borrosver shal! pay thc p.remiums ra�uircd w
<br /> obt�in coverage sut►s�antiatly equivaknt !o the mortgage insurance previoeic3y in offe�x,at a cost substantially e�uivalenc to the
<br /> cast to Borroww�rv of the mortg�,ge ic�.ur•ac►ce previaisly in eff'ect, from � altanaae mortgage in.auer appro�a3 by Lendrr. tf
<br />� substantiaily eqirivsknt mortgage insurance cov�e is not availab;e, Bc,�rower slx:l pay to I.a�der exh month a'�um cqual ta '
<br />� �u�e-twelfth cf thc yeartv�rtg�e insurar►ce pr�cnium �eing paid by Bnrrvwer wfirn the iawrance covca-.�e�ags�`' ccased sn -
<br />� ue in effe�. La►der vr:ll accept, u� snd ret�in thesz �ymen�s � a ioss resave i*� liw of mort€a8e insuranca � resene
<br /> �'�-6R(HE)�a2t2;.oi Form302� 9I9�0J
<br /> Pap��oi B InMtala• V
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