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<br /> ` -� - g. �� QP g��rty Ya��ur�t¢. �Trower shall ke2p the improvements now existing or 6ereafter erected on the
<br /> -� � - =� • urt� _
<br /> - -- .-� property insure�against loss by fiea,hamrds iacluded�vithin the term"e�ctended coverage' and any ut�ar i►�3s. laclstding �
<br /> � • . • floads or flfloding. for which l.ender requiies iusurance.?his insurance shail be maintained in the amoun�s and for the geriads �_
<br /> � �: , that Leader re4uires. '[he insurance ra�rier pmviding t�e uasumne:shall be chusen by Barra�ver subject co l.ender's approval _
<br /> which shall aat be unreasonably withheld. If Borrowep faits m maintain coverage dessri�ed above;LzndeT may. at Leader's _
<br /> ' optton.obtain caverage ta pratect Lender's rights tn the Frogex�y 1n ascar�asite with paragraph 7. _
<br /> pA �n;ura�tx palia:s and cenewals shall be accePtable to Lensler atzd shall include a standard mortgage claus8• I.ender _
<br /> sha11�ave the dght to hold the pol�ti�s and renewals•If LRader reaNires.6arrower shaA promptly give to Leader all receipu of —
<br /> ' • , .y : paid premiums and reaewsil notices.In the event of loss.Barrotver shail give prompt notice to the insuraace currier aad Leader. _
<br /> .. --:. Lend�x s�y m�t°'e ptoof oY lo�s if ttat m�e prgmptly by Borroarer. T,
<br /> ti.. '�-::��'_ - Unless Irender and @orrower at�enwise�gree in writing, imsvraace p�ceads sha11 be applied to restoration or repair of thc �.
<br /> .. •��"'�*.? propsrty damaged. if the restoratian or repair is economically feasible aad Lender's security is�oi tessened.1f the rstcsratian or �
<br /> ° � repair is a�t ecoaomically feasible or l.eader's securiry would he lessened.the insurance praceeds shffi1 h�applied co the suaas
<br /> secured by this Securiry Inswmrnt, whether or not then dus,with any eaccess paid to Sorro�ver. If Sorrower abandons the
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<br /> � • • ` Y property.or does nat answer witP�in 30 days a notice from Lender that the insurance carrier hzs offered to setde a claim.then
<br /> � ',.� � I.eader may collect the insuraace groceeds. Leader may us�the proceEds to repair ar restore the Property or to pay sums F
<br /> ; secured by this Secutiry Insuumen�whether or nnt then due.lhe 3 0-d ay geri o d w i l l begin w h e n the uorice is g iven.
<br /> � . �� . Unle�s Lend�and Bur�ower osheiwise agra ia writiag, anY aPPlication of procePds to priacipal shall uot eatend or -
<br /> � � . postgone tha due date of the moAChly payments referred co ia para�caphs 1 and 2 or cbange th$amount of the paymenu. tf
<br /> �� uadez paragraph 21 the Pmperry is acquired by Lsnder.Borrower's right to any in.>'`urance policies and proceeds resulting from
<br /> �� �• damage to the Pmperty prior to the acquisiaon shall pass w L.ender co the extent of the sums secured by this Se��uity ins�ur�t
<br /> .� immediazely prior to the acqui�idon.
<br /> 6. QecapancY. Pteservatton. Meinteaance sud Protedioa o4 the Property; Borrower's Loan Appl�c�atton;
<br /> Leaseholds.Sorrower shall oavpy,establish.aad use the Propeny as Bonnwer's principal resideace wfthia sixtY days after the
<br /> r execution of this Securir!Insuvment and shall coatinue co accupy the Propeny as Borrower's priacigal resideace for at leasc one _
<br /> _ _� . . year after the date of occu�aacy.unless l.ender othecwise agrces in wriaag,wluch wnsent shall not be unr+zasonably withheld,
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<br /> . . or unless exteauating circumstances exist which are beyond Borrower's control.Borruwer shal�not d�troy,dama8e oY i�Fair
<br /> �e properiy,allosy the Property to detetiorate,or wmmit waste on the Property.Burrower shall t+e in defavlt if any forfeiture
<br /> action or pmceeding.whether civil or criminal,is begun that in lxnder's good faith judgineat could result in forfeiwre af the
<br /> -_ _�-- property or athetwise matcriallY imPair the Uen create�by this Secvrity r„ca�ment or L�nder's security interes�Bomovrc�may
<br /> � cure such a default aad reinstate,as pmvid�ln paragraph 18.by cavsing the aaron ar proceeding to be dismissed witD a ruling
<br /> = that, ia Leader's goad taith determination, preciudes forfeiture of the Bo�wer's interest in tbe ProgertY or other mat�ial
<br /> -- 1 � �.' imgairment of the lien created by thi9 Securiry Lm�trumeut ur l.ender's serurity interes� Borrower s.�}a)1 also hs in default if
<br /> ':��'�.'„�;'; Borrower.during the loan applicadoa process.gave materially fals�or fiazecauate information or statemeu�tu Ieader(or failed
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<br /> ' � to provide I.endar with any material infnimationj in connection with the loan evidenced by th�Note,iucltc�g,but aot li;ni
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<br /> _=�;� �. :. to,representatioas conceming Borrower's oxup�ncy of the PropsnY�a principal residence.If tLis Secuzi.y Insuv�at:Ls on a
<br /> -_ leasehold. Boaower �hJl comply vrith all ch�. pnn+isions of the lease. If Bono�arer acquires fee dde i2s 1�e Pra�?F, t?�e
<br /> - '� .:as2hotd und the fee tui.�-all not merge unless E���:agrees to the merger ia Nriting.
<br /> _ •:' .'.'�' � 7.L�^2ECt[on a?It�e�t's���e��•If Borrawer fails to g��-�the cavenants and z�:�ents wa.:�:�in
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<br /> -�������� �• this S��Instrumen:,or t�e�i�a i:��l pmceEding that may significantiy affect Leud:^'U�ights in the Property(��as a
<br /> :-°;: :_., ��• p�;-,r�Danlr.rupccy.�ro5�.�..� Ccc-�ndemnation or forfeiture os to enforce laws or*r;:.:a�ans).then 1,�ndEr may�:�a and
<br /> �`° � �.z�' pay for whatever is n:r.�:..y so g:�:�:c the value cf the Froperty and Lender's righu in�e Pmperty. Lender's actlons may
<br /> ',��:-�r� • a lien whidi cas prio�ity over this ��ty Insuuraent. aPPear�n& in court. PaY�B
<br /> � - � �:•• iaclude payiag any � s�ured bY
<br /> �tiy�;.".!'� reason�?2 atto�eys'fe�and en*»eaiag on the Prog�.y to anake repairs. Alt�rnu�+i.ender may take aqion�nder this parag�aph
<br /> �-`�-�� �,Len���ao2 ha�e to do so.
<br /> __�� --- pny amounts disbnrsed by Lender under this paragraph 7 shall be�c�a additianal debt of Borrower secnred by this
<br /> --r:_�r:`,.Y�- Securiry Insuumen�L'.:1ess Borrower aad lender�.x to other terms of paS�rat,these amouats shall bear interest from the
<br /> -_:,;;�:�,j,. Bate of disburseme�� �:�e Noie rate and s h a ll U t:t�ay a b le. wi t h i a t e r e�t.u�+am Qatice from Lender tQ Qonower requesting
<br /> -;:��`�' , payment.
<br /> "d`� S.1bSortgage Ias�nce.If Lender cequired mortgage ins.rr^�ce as a co�°l�n of maki:,3 the Iaan 4..�:.-ed by this S�atitY
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<br /> _:�_�?".i�7 Insnu��; Boaower shall pay tL:�:�.emiums required to mr•nr:�n the mor¢gage insur�.e��.effest. IF. for any e�r,n, e
<br /> ==��'=��' mortgags insurarise cc•.:nge recl�:�i by Lender L;�.sr,s or ceasts to be in effect,BorrowE�LL:pay c��premiuns re�uired ta
<br /> -==��-r ' obtain coverage sub�t:�w.�'Y equ�valent co the n�n�:y;e insuraace previousIy in effect.at a cost s�:S�u�s��iy es�uivalent to the
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<br /> _=�`-1•-- cost to l:Yirrower of':i:!sartga�e�.surance pre:���,�sly in effect:from an altemate mortgage insu�r r�:soved by Leadzr.
<br /> =�u�':��; Sub,t���:':y equivalent martg�.�,�c:�nau�nce coverage is not av�lable,Boaro�ver shall pay to�ender ea::.�onW a sum equal to �.
<br /> -_ :.�`�.'";''?� on�t:���.!i:�of the yearly moag�;r.-,�u��rance premium being[�iri by Borrowas��hen the ins�aase oovernge lapsed or ceased to •
<br /> �_ �•�. +`:� '��� be in e:if�.t.l,ender w-�.1 accept,use and retain these payments�.•. a loss reserve in lieu of mortgage i�urnarr�. Loss reserve "
<br /> ;�^�� Form 3028 8190
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