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<br /> - -�-- � 5. fia� or ce�op�y �. .°,na�rau�r sh�31 �ceg the i�prcvemeats au� e.�istiag or h?_*?�t?: P�rrF.t o� �t�e �?
<br /> . ' , . FropQZry insurd agaiast loss by firn,hazards iacluQed withall lPLB[E'!RI 'e�tended coverage' aa6 any ofher hazards. iasl�ding �
<br /> . ftousls or tluoding,for which Lender e�queres iasurarice.'lYiis tnsurance shaU be�intaiaed in the amaunts�d for t�e peria�s
<br /> tbat Leader requires. 'i�e insuraaoe carreei providing ths insurance shalf be skosen by Sorrowar subjvct to Lend�T's approval
<br /> wlrich shall aot be unr�asonably withh�2d. If Sorrower fails to maintain coverag�d�srib�d above. L.ender cnay. at Leiider's ��'
<br /> ' � opiion.obzain oovenge to pmtut Lender's rights in ttEZ Propeny in aoonrdaase rrith pzlagraph 7. `:.
<br /> . � �. All insurazcce poliaes an�zeaewals shall bs r.sreptaToie to Leader aad shall inr�uds a startdard [ttongage cl�use. Ler�er �
<br /> ' � shall have the right to hoid th�.policies and rea�wals. U Leader reqnires.Barrower sh�ti prompily give to L�ader a!I rbrzipu af a.
<br /> � ; � � � paid premiums a�d renewal a4tices.In the event of lo�s,Hosow�r shall�ive pmmpt norice to ehe insuraace carrler aad Leadea. �
<br /> _ - � � t�ender m3y ma�pres€of toss if uot�2tis Qro�tif+by�;fotiver. g
<br /> _ . .��._ i Unless Leusi�r aa�Borm�uer othen�vise agree in writing.insuraace pracceds shall be applied to restoration or aepalr of Ws �
<br /> _�;, , Pro�rty dama�ed.if the restoration or repair is erouamically feasible aad Leader's sQCUrtty is aot lessea�i.If che restontion or �
<br /> � ' repair is uot ecoanmicaliy feasible or I.eader's seturity would he lesseaEd,the insuraase praceeds shall he appliea to t6e sums
<br /> � secured hy this S�curirj IasEnimen�. wh�3her or aot then due. with any caccess paid to Borrawer. If Bormwer abandons tha
<br /> Frapsrty.or does noi answer withia 30 days a nodse from Leader that the imuraace caisier has offer�d to settle a claim.thrn
<br /> . : j l,eadez may vollect thz insurar�e proceeds. Lender may vse the pracceds ca repair or reswie the Property or to pay sums ��
<br /> . . . �.� s�red by this�cvrity In..�tcumeat,whetdxer or aot th�n due.7'hs 3�-d�y geriad vn71 hegin wken the notice is given. �;�
<br /> '�•�'� Unless Lender aad Bormwzr at�erwise agree in writing, anY agPlication af gioce�ds to principal saall aot extend or =
<br /> ' postpon$the due date of tlt:manilily paymeau refemed to in para�rup�s D aad 2 or change the amount of the gay�ents. If �
<br /> , `;� �Parag�aph 21 the Pmpeny is acqnired by L�der,Borrower's right to sny inc�irarrrE policies aIId pzvoeeds cesultittg fram `
<br /> man�w the Fzugerty prior to the acquisidon shall pass to Leader w the eueat of the s�ms secuied iry this S�cvrity Insnumgnt =
<br /> , imms;diately pri�r to the ac�aisidon. -
<br />- � • G. �cy. Pces�nat�on, 14lsiateaa4se and Aroted[an af the Property; Bnr�wer's Loan Appli�ton; _
<br /> . . ..� Y.�e�lds.fiff6trower shsli�xupy,�li�h,and use tl�e Property as�orrower's priacipa!cesid�e cvithin sixty days after @te -
<br /> .. � 'c exetution of t�i��zcurity Iastrument xad s6z'1 oontinue to occupy the Prope�y as Borrower's pr�,s..�.resideace for a�least a�e E
<br /> -.-._� :__.a y�ar afier the date of occu��ra°y.unless Is�..sr otheivutse agrees in writing.whi�conseni shall�aa l�e unreasonabIy witbheid, -
<br /> •�" ar-u�tess extenuating circumsr�es exist v�lach are lieyoad Boaower's control. �arrawer shall not destroy,damage or impair '�
<br /> �''�'�� • � t}s:.�,allow tbs Pm�.ty eo deteriorate.or comtnit waste on the Property.Baer�wer shall be in default if any forfeit�ue
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<br /> . , �ux or pmceeding.u+����:vil or criminal.is begun thas in I euder's gaud faith JudgmEnt conld result ia fa�3zituie of the °
<br /> _- • �` � ' C-t�rrerty or o8�cr.avise materially impais the lien created by tbis Sec�uriay ,m2nt or LeBder's security+intere�t.idom�wer mzy
<br /> c�:sucb a�f�t.i..aad minstate,as provided in paragraph 18,by causiag t8e acuon or pmoeeding ta be di�missed wit9 a cuting
<br /> ��y .• t�q.. ia Leadrr's good faith determination,preclwdQS forfeiuue of the Borra��'a�terest in the Property ar�her material -
<br /> • . i�s�..+�eat of t�e lien created by this Seturity Instmmeat ar Lender's seauiry��._°�c�t Borrower sha11 alsm L¢in default iY
<br /> - _ � ��-srsr,�Fg.the loan application prc:cess.gave materially false or i�e i��no�ation or st�tements to Leader(or faile�3
<br /> � • ���::�vide 3i,�ra.•with any material informatia��)ia conne�tion witII t�rP�i:�m ev:'� lry th�Plc:r�.inoluding,but not limited
<br /> ` �,,.rePresentations conceming Burrower's u,�s�ancy of the Property as u�r�..^i�z��deuce.IF tir;rr.�asauiry Insmiment is on a
<br /> :_,�.�. Ir.�:�flld, Boaoaer shall �srr.�'y with all the provisions of the lease. If Eo�:+�: acquires f��itle to f�. �roperry. the
<br /> - tr�hold and th�fee title s1�37 r�z merge unless l.euder agee.s to the metger in arririr��.
<br /> =_'r��� • 7.YroteetIon of Lead�'¢1�2tghLs in the Pmperty.If Borrowsr fails to pErforc;.�e wvenants aud agree�ttc tirontaiaetl in
<br /> �'�'��-: - this Securiry Instn�ent,or thcre is a legal prooeeding th2t may sigaificantly afFect Lender's rights in the Pro;�erty(such as a
<br /> pmceeding in bankrupuy,probate,for coademnat�on or forfeiture ar to enforce laws or ngulaiions).then l.ender may do and
<br /> =.��� ,,,,�.; pay for wharever is ueces�ary to ptot�ect the value af the Property aad I.ender's righu ia the Property. I.en�er's actions may
<br /> ,r: ,;.,�: �:- irclude paying any sums secured 6y a lien which has priority over this Secwiry Iasuument, aPF�B ����, PaY�� -
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<br /> �:�,.��.y Y-. i�sanable atto�eys'fees and entering on the Property to make repairs. Althwgh E.ender may take action un�i�t:ais parngraph
<br /> -,��;-', q •' 7.Lender daes R�t have to do so. _
<br /> ---='�,f,-,Y�,�:�sn Any aau���3 disbursed by I.erWer c.�"�ns this paragapb � s�ai:. Secome additional de�t �i r.,::rca•sr socured 6y this
<br /> = j ti ry�;;�...._... ��ty Insinut�t. UnIess°ottower and[.erder agree to other te!�s w•`paymeat.these amau�z:�'.Ei,i.�.�::=ttrest from the
<br /> __::`�.. ,-` d�e of disbutse�nt nt t41rt t•trke rate and shall be psq:ti_���, c�*ith i,�:r zst, upon as.��x from Le�Gar !a 4e•T,y�u:Er reguestiu8 -
<br /> '�_�''.:.`;�R' PaYment.
<br /> _:;�����=� 8�Mortgage Ins�u�:�z.If Lender requIred mortgage��s�:r.c::us.•c wndition of malcing the loan ses�f.!iy��his Security
<br /> �'�:s�=°'::-4� Instni�nt, BQrnsxer shall pay the premiums required to mai4:s,:��ia�e r.�artgage in.surazcce in effer,t. ti, for�.y reason, rhe
<br /> _.:��:� mortgage ias:.:��:caverage r2quired by LEnder lapses a�a ceas�ta be in effect.Borrower shall pay the p��-�s required Co
<br /> �.���=�'�`�• obtain coveno��_bsiantially equivalent to the mortgage It.�7�ce previovsly in effect.dt 8 COSI SUbSI8IIil2��"f��it}:'J3SCIlt W r�''Z
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<br /> ==°.��+�-='•' cost to Boao�res of the�nr��age insurance pr8viau:(y ,:�xffect. fram an aItemate iaortgage insurer�pg,�cr�i U�I.end�r. if .
<br /> - i�ry^- , :�];,,tantially e��i.aleas m:�n{�ae insurance wverage���1 available,Borrower shall pay to Leader�m•�at*_a sum eqeai co ,s
<br /> ''',`.<#`, :� Te-twelfth of�:s year1y r��a:gage insurx�az premiiam being paid by Borcower when ths insuraIIS�r:�-�e l:�se�or ceasetl to
<br /> . . � i,•.�:.,
<br /> -_ .•� ,.:�;,. ;�� L-e in effect.l.ender will aoc�:i,use and ret2;n these payments as a loss reseive in lieu of marc�� :�surn�ce. Loss resenre
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