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<br /> � � 5. �a+�or P�pgr¢y Ir,�urart�e. Borrower sha�t 1:�ep the i�provetnents anw eusting or hereafter erected on the ;<•f :
<br /> � .. ' ' prope�ty insured agauut tnss by tfire.haaards iucludsd�vithin the term 'exiended covetage' and any ot�er haiards. iacluding .
<br /> , ' • flaads or flnading, foi n•Sish Leader requires insusaac�•This insuranc�shall bc maintained in the amounts and for the periods ?- .
<br /> ` thut Lender requices.Thx insurance�riEr pmvid'ang the ic�au�ncc:shall he chos�n by Borrower subjea to Leader's approval : �
<br /> �vhicb shnll nat be e�nre�pa?•bly with�eid. If�orrower fu�lc to maincain coverage d�crihed�ve, Lender aiay, at Lender's ._.�
<br /> . � � optiun.obtain covara�x ao proteet ixader's riglhu in the P[o�serty in uwrdance with para�raph 7. �_ •'
<br /> , ` All iasur.�nce W1'tciYS an�i renewa�s shal!Dr r.ccept�ble tU Lender arrd shall iatlude a standard mnrtgage clause. I.ender
<br /> ,` . . , sh�ll have the right e�hoV�al�imEncea�.s In tlta event of loss.Borsa�Y�shali•gi e pmm�pt�zou'ce o the insnrance ncarrier anrd ll.eader. _
<br /> , paid premiums and�as1 . :..
<br /> . ' l�naer may m�e pmof of loss if not m2de pmmptly by BoisoNet. ....
<br /> . �_:�;..� Unless L�ad�a a.atl8otra�ver otherwis�a�ree in�vriting.insuranc�proceeds shaIl b�appli�to restoration ar repair of the �
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<br /> . . pmgerty damaged.if tt�t rzstoration or repair is ecaaomi�ally feasible aad Leader's seturity is aot lesseaed.If che restoration or
<br /> . • � repair is aot ecoaomic2�ty feasible or Lender's securiry'��oufd be lesseaed.the insunace Praseeds shall�aPPlied to the sums r`-
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<br /> • , secured by this Seciuity Insw�eat. cvhethat or uut th�n due, arith any ezcess paid to Borrower. If Bormwer abandflns the �-.-
<br /> . '. � Pcogerty.at dnES e�at zns�vEr within 30 days a aotice from I.ender that the insurance c�ier has offered to seNe a claim.thea �:_
<br /> � � eollect thE insuiante proc�eds. Lendzr may u..�the pcaceeds to repair or cesiare[he Property or to pay sums __
<br /> ��� s ad will be when the tiotics is given.
<br /> ---- � � 't_�. u�red by this Se�rity Instn�mr.n�wt�ether or aot thea due.'[he 30day geri P,�n
<br /> . - IJnless Ixndra zmd Bono�ver othemris�anme in �vrii;�g, �y �'=�an of proc�ds to princigal shall aot extend or Y
<br /> . . 'i. r�:.'�red to in paragraplLS 1 and 2 or change the amouus af the paymenu. If --
<br /> k ' payKgoae the dus dtite mf th$mflnthly paYm-°nu � lic�es and �ce�is resulting from �
<br /> . _ ��;: � ander paragraFb 21 the Property is�rquit+ed by Lea.ar.Sflrrorrer's right to any insuraace Pa� � p ----
<br /> • :���i;}r ' � duma�e to ttce Frape�ty Priur to the zsqwsmon shaU pa�s t�ixnder to che extent of the sums secured by t6ss�° �=y�r.�t
<br /> .. " ; imme�liately prior ta the 4squisition. � an:
<br /> . 6. OccupzntY. Preservation, Meints�ce and Proteaton o� Ehe Ptoperly: Barcower s E�aa Ags after the —
<br /> ,,:,' .; 1Lea�ehold9.Borro��sha11 or,cupy,esiablish.a�use tbe PtogertY as Borro:�rer's principal residear.e wit�siay day _
<br /> .. .<�.; as Boanwer's ria 2I I25I�IICC fOI 2I IL'35t OAE
<br /> . %����'.. executian of t�is Se�rjty Insaum�t aad shaIl caatiaus[o ocrupy tLe Propeay P �P
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<br /> :�1,'.' . year after the date of oscUpancy.nn'ess l.ender othenvise ag�s i�wririna,whish consc.na shall not tre unreasenab[gr E�-i�eld,
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<br /> '.�ii<1''�.� ". or unless extenuasing circnmstancr�exist whish are btyond 8an��er's coatrol. Borrower shall aot destrny,dama�e �P
<br /> ' . '.�:'"r�, . the Pra�,rty.altaw the PropQrry to deteriorate.or commit was'.�^.a the Pcege:ty.Borrower shall be ia default if any f�t:iture =
<br /> - - � � aaron or pru�a�ding.��her civ7 or criminal.is bsgun that in �er's� faith judguzent could aesult in forfeinue of the
<br /> ' �;Y<� ' ot othetcY�e�eri211y[�aiT the IieD ei28t�d by this�.^,uity Mctr.7meni oT I.ender s SOCiuity[ntertsl.BorroKer may
<br /> �5�;;tr���;' � h 1 a.is�4:�.us�ng the action or proceeding to be dismissed with a c*aling
<br /> .s,�;• ,,: . . � ciue susb a dxfautt an�reinstaae,�rrovided in paragraP
<br /> . �,t�;), • �, � ��s p,o�si faith�.:nation. Precludes iorfeitt.�e �s�the Bflrroarer's interest in the Frcgerty or out�;m�..�ial
<br /> •+' ' d impairment of the lie�creat�bl'this Secunty Lssrume.nt or i.ender's security intenst.Borrower shall also be in dd'zr:.:t if
<br /> airm n ���y�y�,f��or�narcu�ate iaformation or staiements w Lea dei(or f a i l e;i '
<br /> Borrower.during tt►e 9a�appiicatioa proeess,� ,r.,,
<br /> ',.� - . to pmvide Le�dr.�«�itb aay m��i.�i iaformation)in wnnee#ion with the loan evedenced by the Note.iurP:..:-�8•�res.t,ray.i�on a
<br /> . .. �:�;ra;'. . to,nePr�eatations oun�nin�Barsnv�er's oscupancy of the P.��ty as a Priacipal residence. If this Seair�.h, ,
<br /> -. �;},•..; � � with all the pmvisians aF r�r::lease. If Borrower acquires fee tiQe to t�e t�m�r.�. the
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<br /> .";: '`.�i.;�,�>:... , lea.ehold, Bono�tiEr shall oomp.y t�t�e merger iu writing.
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<br /> "-=�:""�. �. r.. lea5ehold aad the fee tide shall not ucerge nnless er agre�s con*.ained in
<br /> - �'•°':�.,..:;, 9.Fro2ec�lt►n of Leader's Rights in the A�operiy.If Iiam�wer fa�1s t��rform the covenants aad agreemenis
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<br /> . ;;',�:. ttris Secutiry It�m�m:nt.or thEre is a legal proreeding that may signifi��.y:Lffect Lender's righu in the Pcopem,+(such as a
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