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<br /> ' �, Hnzard os�'a�+ Insusae� Boaower shaII keep the iaigrov�nents now e�astin� or hereafter erected on the ���`.
<br /> w=�
<br /> Property ins�red ag,aiasL loss by 6re, 1�.ar�inclnded witbin the term"eaIIended coverage" aad aay other ha7ards,including F�=
<br /> � . • tloods or Qaoding, for wbich Lend�arequiresinsuraace.This iosuranceshaU be maintainedin the amountsand for the periods ;��
<br /> • ` � that Lend�r requires.'i'he insurance carries plovidin8 the ins�a��s�be ch°sen by Borrower subject to Lender's approval �•�
<br /> ' ` • ' �vhic6 shall nat be unreasanably witLheld. If Borrower fa�s to maintain co�+erage descnbed above, Leader may, at Lender's �___
<br /> • : � c.:: ogtion,obtain covenge to protect Len,der's rights ia the Progerty in accordancs with paragraph 7. �;:--
<br /> �..' _ _ ��� q»�nssuaace golici�es aad renew�als sha]1 he acceptable to Ixnder and shaU include a standard moat�e clause. I.$nder
<br /> fci Lcadet s!1 r af �'�'�
<br /> ' s shall have the right to hold the poliaes aad renewats.If i.ender requires,�orrowzr shal�Pro�pti3'�ive � �'___
<br /> • � �"--
<br /> � paid premiumsaad reaewal no2ices.In the event of loss,Borrower shall givE prompt notice to the insurance camer aad Ixn er. �.�._
<br /> �-� Leader may malce pra�of of loss if not made gro�nptiy by Bonov�er. �-=°
<br /> . � .`.i+`���� _-_ .
<br /> Unless I.enderand Borravnerfltherwise agreein writing, insu�anceProceedsshall be applied to restorationor repairof the
<br /> �_'`�"�"""�; progerty damage�,if the restorationor repair is ewnomicaltq feasi'ble and Lencie�s security is not iessened.If the restorationor __
<br /> i � repair is noi econamically feasiible or L.eader's sec�uity would be tessened,the insuraace praceeds shall be applied to the sams
<br /> ea
<br /> <: secwred by th'rs Security InstNmeat,whether or not then dne, with any excess paid to Borrotver.If 8orrower abandons the
<br /> ; Property,or does not answer within 3�days a notice from Lender that rhe insurance carrier has o$ered to settLz a claim,then
<br /> • �: I.ender may callect the+*+�**a*+ee proceed.s.Lender may use the proceeds to repair or restoze the Propsrty or to pay sums
<br /> '� secnred by this Security Insinrment,whether or not then dne.'i'he 3Q-day period w71 begin when the notite is given.
<br /> Unless I.ender and Brnrower otheswise agee in wiritiug, any applicati°a of praceeds to principal sh�l.t noi e�end or
<br /> ;:`,': . postpaae the due date of the monihly payments referred to in paragrapbs i and 2 ar anne�he amonnt of the payments.If _
<br /> - undespaia�rap1�21 the Propertyis acqv�edby I.cnder,Bonower's right to any insuraacepalicies and praceedsresulring from
<br />��':,.�.�•'� . c�amageto the Propertyprior to the acqc:..�:sioa shzL'r-:ss to I.enderto the e�eat af the saa�s s°cmredby this Secanrity Instrument
<br />:,�`;,;. ••. . i..�ediately prior to the acq�isitina.
<br /> = . '� 6.Oa�pancy, Preseavatdon,1vlr�t:-��ce an��roiectton ot the Progerty; Boaowei's Loan ApplIcation; I�aseholds.
<br /> - _'��::.��F Borrov�ershalloccagy, establish,an�u�e:�ePropertyasBorrowe�'sprinapalresidencevrit�insi�y daysaftertheesecutianof -
<br />`'r>`- : tiris Securitq Instr�mentand shall cor�az w occupy the Property as Bonotver's grincipal re�dence for at least one year afier
<br /> .::: the date of occupancy,unless I.ender otnerwise agrees in ariting, which cansent shall not be unseasonablywithheid,or ualess
<br /> ''•''�''�� "�'� exten"a�circamstances e�st whirb aie bepond Bonowe�'s controL Borro�ver shall aot destray, damage or impair the
<br /> �'i; . : •`.,. pmPerty,allow the Property W deterioratc,or commit waste on the Propsrty.Bonrower shall be ia defauli if aay forfeiture
<br />'��;.'_,� -== aaion or proceeding,whether am7 or criminal,is begtm that in Lsader's goad faith judgment could resuIt in forfsitare of the
<br />--�.::;'. ".�
<br /> �,� � Property or otherwise materially impanr the lien creaLedby this Sc�iy Ivsm�menior Lende�s secwity incerest.Banower may
<br /> .,::.,;_,-:; _
<br /> - �= cnre sar�a default aad reinstate,as provided in parr�.^aph18. by caxsin8�e action or proceedingto be dismissed arith a raling
<br />-= f��"F�.� t�t,in Lendei's goocl faith detern►ination,pzecly3��arfeiture of the Borrc���s interest in the Property or other material
<br /> ----=�`����-� inpairmentof the lien createdby this Secuiity L��entor Lende�s sc-cs�:'?s�'-�est Boa'awer shan.�o be�default if
<br /> ry-=-=''`'"�f Bosrov�er�dwing the loan a licatioa ve materially f�.c-Tr����-'-`=-ru2j':�'�"siatemeras�o Lender(or fa�7ed
<br /> ___�--",1�;� PP P"--'=`-�A� ..
<br /> :s;�_'`:��;,. to provide I.enderwith any materiali��.�ation)in cannection•c���i���:�.e.:,:::�cec��y�z'�`�:e,inetudiag,but aa±�:.�ed
<br /> �_''�'}'�`� to,representatioauvnceraing Barrower's occupancq of ihe ProF�^���F��;f=-�f residence.::�:his Sac►uity Instrume���a
<br /> -=-�_`::;:��,=� leasehold, Borrower s�al1 compty with atl the prQ;iT`.�ns of the lease. I� L�:'a:ower acqttires fee tide to the Property,che
<br /> --- '-___ leasehold and the fee titte shall not merge unless I.e�;��r agrees to the mergea in writing-
<br /> 7.Protectiaa ot i.ender's Riglits jn t�e Proper�- If BoaowerfaHs to perfo:mthe covenanisand agreementscontaiaedin
<br /> _--r:;f, m�-- affect I.Ender's ts ia the Pru e such as a
<br /> .-r_;.�,.,�,�, t}�S gec�uity Instrument,or thera is a legal proceeding that maq significaatty � P rtY�
<br /> signi i
<br /> _:-=�a� proceedingin bankrupicy,probate,for condemnationor forfeiture or to enforce laws or regulations),then I.ender may do and
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