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<br /> � � 5, �rd ar prope�ty ge��ra�te. 8orm�ver shall kezp �he improvemeau nor� existing or hereafter erected on the �=
<br /> -- -,� pmPerty insured a�insr lass by fire. hazards incl�ded a�ithin tlne t:rm "excended coverage°and any other kaaards.iacluding .-
<br /> ' � . fteuds ar t�oqding,for which Lender rqaires��u-a�.This insuraate shal�be �t t��in the amaunu aad for the periods ��
<br /> that Lender require�• The insurance carrIer Provid�ng the insuraace sha1D bz chosen by Borrower subject to Lender's appmval E__
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<br /> ' • rrfquch sha11 ttvt hE unreasonably withheld. If Botrower fails to maintain coverage described abave. Lender may, at Lender's �,__,
<br /> . ; aption.obtuin coverage to pmtect Len�er's dghu in the Fcoperty in 2ccordazzce with para�ragh 7. �:_'=
<br /> • � All iasutance poltcies aad ren�vals shall b€acceptabie to L�nder att� shall instude a s[aadard mortgage clause. lxuder
<br /> . shalt have the right to hold the palisles and reae�vals.[f l.ender recNires.Bor�o�ver shall pmmptly give to E,eader all receip�s of �°=�=
<br />, , ' ' pai8 premiums uad rene�val notices.In the event of loss.BorroEVer shall�ive piompt nouce to the ias�raace carrier and Lender. �,;
<br /> � � � Le�der may make pmof of loss if not m�de pr�omptly by 8arro�ver.
<br /> - '- �' Unless Leadcr and Eormwer at#�env'�agr�e ut w:iting.insurante pmceeds shall he applied to restoration or repair of the ��
<br /> � ��..«... `s p��ny�ged,if the restoration or repair is e�oaamic�3ly feasi'Lie aIId Lznder's s�rity is auL less�ned.If the restoration or =
<br /> � -� .repair is not ecoaomicaliy feauble or Lender's securiry woutd�e lessened,the insurance pmceeds shall be applied to the sums ----
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<br /> secur�d by this gec�ity Instrumeat. whettrer or aat thea due, �vith any excess paid to Borrower. If Borro�ver abandons[he
<br /> '�'�, presgerty,or dees nat answer witivn 30 days a cusice from Lender that the iasuraace carrier has offered to settle a claim,then
<br /> f Leacter may colteet the insuiaace ptoeeeds. lxnder may use the proceeds to�gair or rescore che Progerry or to pay sums
<br />� � �• � � secured b/thts Securiry Instrument,whether or not then due.The 30-day periad will begin when the aosice is given.
<br /> � ' llnless Lsnder and Borrower atherwise agree in wricin8, �Y aPPU��on of prace�s co principal shall aot euend or
<br /> � �nstpaae the due date of tbe monthly paymsnts referted to in paragtaphs 1 snd 2 or c�iange the azuouat of the payt�ents. 1f
<br /> . . �• u�der paragraPh 2L eus Pmperty is ar,quir�l by Leader,Bormwer's right to any insuraa�e Polictes and pmceeds resulYing from
<br />' ' � dazaage to t�e Peogerry prior to 9he acquisition shall pass to I.ender to the extent of the sums secuned by this�eruriry Insuument
<br /> � ' imrsediately prior to the acquisitioa
<br /> . . �r.nN..� „�PB�..� *�=>b+�aintenance and P�tecN�n oY ttte Property;$orrEtr:�'s I.r�e.'.;�L�Lga�:3.e�-sehoids. _-
<br /> . . �onower shall ortupy,establish.and use the Fmperty as Barrower's prmcigal resideuce�is3siin siary days ufter the executioa of _
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<br /> ..�:� ttus Security t�crmm�t and shall continue co aa:upy the Pcog2rt3+as Barrower's principal residenr.e foz at least ane year afeer
<br /> the date of oa;upancy.untess I�eaa�r otherwise a�cees in writing,wluch conseni shall�ot 6e unreascaably withheld,or untess
<br />:�,i.�. � excxnuating circu�stances er.i�t wh�.;h arz beyond Borrovrer's control. Bormwer sh�ti �ot desuoy. da�mage or impair the
<br /> ,"' ��;,t � Pcogerty. cillow the Property t¢dpz:nriorate. or commit waste on the Propercy. BorroQr¢e�alfl he in default if any forfeiture
<br /> . '.,��'• , 2CdDA Oi pI00ECd119{;,whether ci�~!or criminaJ.is bsgua thax ia Leader's gooc��wh jud�ent could result in forfeiture of the
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<br /> - _.._- Property or othexvri�materially impair the licn cxeated by this Se�urity Iastrument ar LQnder's security interest.Borrower may
<br /> ;.:� .� . �•�• aue su�h a defau?.<:�.d reinstate,as provid�ia paragraph I8,by causing ttr��saon or prooeeding w be dLsmissed wlth a ruling
<br /> ``:�`�"`�4`'-`T�.� � tHat. is�Lr�der's good faith deiermmation, Pre�ludes farFeiwse of th:H;:�eower's interest ia the Property or other�aterial �
<br /> = �.::r;+�, -'+' isp3i:�nt of the lien created by this Security Insuument a;T�nder's s�sr►ry interest. Borrower shall also be;n d�fault if
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<br /> --•��?'-w-- Ear�awer.during the lean apglication process,gave materially false or ia����informat[on os ssaremenu to I.endsr(or fazled
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<br />.�--_:,:,;,-:.�',. to provide Lender wIth any material information)in conn�:tion with rhs t.►�r�-'sdenced by the Note,iacluding,but not limited
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<br /> -° --=.--- to,representations coacerning Borrower s oc�upaacy of the Property as a tas�ua�:a2 resideuce.If tLis Sr.cvriry Insuument on a
<br /> "'����=r�'r�? teasehold, Barrower shali comply with all tS�e provisions of the lease. u G;rro xer 2squires feE title to ttie Pragerty. the
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<br /> �=-:��r�%�rQ� leaseho2d and the fee atle shall�nt:�a.'rge unless Lender agrees to the merger in writi.;:..
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