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<br /> ' g, �ca��O}erdy Insmrance. Borrower sh�ili keep the improv�menu Ao�v exisan�, or heteafter etect�l on tha Q
<br /> ,` pmperty insused a�aainst toss by fue.h�ards indude�w►thin the term 'extended eo�erage'and�sy other hazards. insludiag ==
<br /> ins
<br /> " � flouds oc floo�ing. for which Lender requires insuranse_This insuranoe shal!be maintained[n the affiounts and for the p�ri�s _
<br /> � � that leader r�quires.'i'�e iasuratt9e canier providing[he i�s�rance shail be chos�n by Barrower subject to Lender's approval _
<br /> . whid�shall aot ba unreaton2bly n+ishhrld. If Borto�ver fails to cnaintain ooverage destribEd above. l,end�r may. at Lender's =
<br /> � . aprioa.obtain ooveYage to pmt�ct Lea��r's righu in the Property in aocordance arith paragraph 7. �-
<br /> ° � All insu,�ac.. poliries aa�r�eer�ls shail bP aaazpiable to�der aud shalt include a standar�d mflnga�e clau�. l..�Atier �
<br /> � shali kave thz tight to hold the pulicies aad reaewals.If Lxnder requires.Btirrower sha1�P��P�Y��ve to Leader a11 receipu of ;,
<br /> . � 1. paid preminms and teaecval notice5.In[he eveat of loss.Borrower shalt give prompt aotice[o tMt insuranse carrier aad Leader.
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<br /> .� #;�� i Leader may make pmaf of lass if ant made pmmptly by Somower. _-
<br /> , _ :�, : U�����g����o���in wriung.ias�uaace pmoeeds shali bx appli�to restoration or repair of th� `
<br /> prog�rty damaged,if the testoratio�or mpair is ecoaomicaliy feasi�bte and IxndKC's serurity is aot less�ned.If�he restoration or g
<br /> ' ;. � mgair is not eooaomically f�ss�ble or Leader's xcuriry would De 1�en.Qd.the insuraafle pruceeds shatl be aPPlied to the sums !�_
<br /> ' ' � sxaued by this SeAUiry Insuumeat. wh�ther er aat then dus.wit1��y e�oess paid to Borrower. If Borcow�zr abaadons the =
<br /> , �� Propeay,or does aot answer within 30 days a narice fivm L.endez t6at the�*+�„a„�canier hac offered to settle a claim,then '-
<br />. f ,� �xader may ooUect the iasuraace pruceed� Ix¢der aiay uSe the pmoeeds to repair or restore ttce Property or co pay sums =
<br /> -_ -- Secur�by this S��iry In�,.,�nr�,�,v�haher or nat then due_The 30�day period will begin when thz notice is given.
<br /> � : � Unless Lender a�d Bomnwer otheiwise ag� "sn writing, aaY a�pPiic.a�ion oi proca�s to��pal �aft ao: .^.�t:.n�3 ar =_
<br /> . � .� gostpane rhs du�date af the�ly paymeau mfemed to in paragraphs 1 aad 2 or change the amount of the payateats. (f =
<br /> � ' � wader par�praph 21 the Property is aoquired by L�ader.Borioivec's rigJ�t co airy ivsarance policies and prmoeeds�v1[iu�fina -
<br /> � � dama�;e w th�Prt►F�Y Pnor to the aoquisition shall pass to l.ead�to tt�exr�i af the svms secuied by xhis Secutiry[II..�t
<br /> immediately prior to tiro�acquisition.
<br /> r 6.�r.�atlon,Maiatea�ante and Protes.�on af the P�.Bor�ower's Loan Applfe�€on:Lxaseholds. _
<br /> ".-' BormNC�sha[I ooa�pY.establis6.aud use the Propeity as Borrow-ds�riadqc�i.t�id�oe within sixcy days after the eaecution of
<br /> . this S�iry qnstnimea�t znd�hhaU contiaue to oocupy the Pr+opar��Bonower's primtcipal�sidenoe for ax least oue ye�after
<br /> . ti�d�of oacupancy.unless Lender otheiwise ag�ees in wririn�,which oonseat shall not be uareasonably with�eld.ar ualess =
<br /> ' extera�ating ri�cum5t�tces exist a+hish are beyond Borrower's rontrol. Bonower shall aat dem+ny. An„�fl e or impair the -
<br /> _._ Propeny,alto�w[he Property eo deteriorate.ar c�ramit cr.�te on the Prag�ty. 8arso�rer�h�ll be in�ef��it if any forfeituie _
<br /> ' � aaion oz piooeeding. vuhether civil or criminal.is begun that in I.end�r's good faith judgment oouZd�vlt in fotfeiaue of tht
<br /> . . _ propeity ar otherarise materially impair the lieu ct+zased by this�*.siry Instr�ment or Lendrr's sec.vriry interest.Borrower may -
<br /> ..x , • ' ciue s�:di a default and minstaze.as pmvided in parag�caph 18,trs'rzu�ing the act�on ar prooeeding w be dismissed with a niling
<br /> '>f- ° that, in b�ader's goad faith detemiination,Precludes fo�t'einue of th�Eua�nwer's interest in the Pcaptrty or othea material
<br /> -� �' � impai� of th�C�c�eated by this SecuritY i��*�►,�+t or Leader's se:�iry interest. Bormwer shall also be in defanit if
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<br /> `;�� . • Bomarrer.�uring the ioan agplica�ion prnoess.ga�e materiaJy�s=or in�acurate intormatiaa or stxtements w lxndtr(ar fa�ed
<br /> . `.;',.,�p`•� to pmvirire L..eader with any material inform�tian)ia conuec�on.�aiTi�the loan evid�aed by�he Note.including,but nnt limited
<br /> �.�� . . i re r ,ne+�r-w
<br /> -.'"'�`���,:tj���:. to,n�c�sations conaming Borrower's ooaipancy of the Fm�r�as a principal residence.If this Seruriry astr�-�r�an a
<br /> '� = leaseho.�, Bortower shall co�ply with all the �visons cf cir_ lease. if 8orrower acquu� Cee atle to the �ro��, ckte
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<br /> --;`:;�;•'.��:- leasehold aad the foe title shali not merge unies�Ira�der agc�es c�the merger in cvriting.
<br /> �•. � - . 7.Prate�4iun of Lender's Rtg�is in the Pnmpertg�.If�oir•rarer fa�s m perform the cmvenant�and agreements contained in
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<br /> ''�-���_�:�;.�;:' this SearritY insuumem�.or there is a legal proceeding thZt m�.t :sgnifccantly affect Lender s righu in the Property(s�a�a
<br /> -�.,`. •.:.,.• pmoeed;:�in bankcuptcy.Probate.for oondemnation os forfe�tw.r_or w enforae laws or ceg�ilations),then Lendzr may dn and
<br /> °_ ,�-:''`== PaY for v�hazever is u�essary eo protect[he value of the Propzrty�d lxader's rights in the Paoperty. Lrader's acrians may
<br /> -=�=�`�`��• incIude paYinB ai►Y sums secured by a tien which has priority over thi�.S�urity [tumiment. aPP�B in oaurt. PaY�B
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<br /> -�°-�— rea.on:�le attomeys'fees and¢ntering on the Praperty co matce repairs.Althougb lxnder may Ealce acaion umder this parap,raph
<br /> ��;� 7,Lr�d�does aot have to do so.
<br /> --- lRuty� amou�u disburse� by lender uader this parabr.�h 7 shall 5eoume additional debt of Borrowcr secuted tsY this
<br /> - -_ ='� Sec�sis.� fasaumeni.Unles�Soirower and[xndcr agiee ta a�lr�ter�s of Paymen�the.se amowus shall bear intaest��.m�the
<br /> - „a"�� d�e of disbvisement at the Nate rate nad shF:I tne Cayable,with interest. upon nouce fmm Lender ta !3osrower ccqucsting
<br /> �"„�,>:°�� �a}�at
<br /> :�� ft.i R�=tg�e I�n�.[f ixnder required mortgage insuraace as a oandition of n�alcing the toan se+c^c�ad by this Savriry
<br /> fnsm�mazc. Bomar�er sLall pay t?ze gnemiums required to m:�intain the mortgage i�ranoe in effxa. If. for any re3.wn, the
<br /> ��.«':T'�' r.�a��s��iruuranee coverage requi.-$d by lxnder lapses or ce�es co be in effea,Borrower shall pay[he premiums ra�red to
<br /> ---R=-f'���,`� ahYam sovepage suh�.a.�ntially equivalent co the ranrtga;e iasuraz�e Qieviovsly in effea.at a oost substaatialiy equivalent to the
<br /> =r:,'�:�;_� . can tv Borrower af t�.e mortgage iasvrance previously in eNect. fmm an altemate mongage in�rer apgrov�by I.ender. If
<br /> ���•,��� suUai�utrially equivalent mortgage inswanoe ooverag$is aot available.Borrawer sball pay to�der car�mQntb a sum equal t�
<br /> � ��� "�• . a�w�.1CYh of th�yeariy�n�inc�,Tanoe piemium hein,��aic�by SoTroRer wheu the insuranoe ooverage lapsod or oeass�ta
<br /> �,;{<:��`,,�_, ' �ts.cq a loss zeseive in lien of mortgage iasuranoe. Lmss reseive
<br /> ix i�t�:ifiect.Leader will aooe�t.use and retain tSzese FaYm
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