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<br /> � �� �. ��a��•d or Frogerty Insu�nce. Borrower ah�ll keep the improvements now exiedag or heceafter erected on the �-.
<br /> �• ' Prnpeety lnnttced e�uin�t loss by flro. hmArda included within the ternt'extended coveeaIIe" wtd any othe�hoztuda, including ��
<br /> •�� flooda or ftaudinB,for whtch L.ender requieea ineurunce. This lnaumnco ahNl be mnlnlNned in the amottnts und for the periods �`_�'
<br /> � thnt l.ender requires. Thr, in�ueau►cc es�rrier providinB�he lnaurance�hnit bc chosen by Bomower subject to Lender's approvnl -
<br /> , which shall nat bc�cnceaaonnhly withheld. If�orrawer tuil� to mntntrin cover�e described obove, l.ender may, at Lender's ����
<br /> � �•.h opdon.obt�in oovermno ta pmtect lxndur's dQltta in the Pm�rty in ascurdonce witk pAragrnph 7. -
<br /> ' Ail ia°urt!nce�e+►lfr.tr,s nnd ren�wnln Ahail bo ececptable m Lender and ehnll include n stnndnrd mortgage clause. Lendee ��.`
<br /> � f shnll huve the right c�hold the paltai�s tu►d renewnls.if Lender requir�,Borrower st�all prompdy give co Le n der A Il receipts of ---�
<br /> ' �-t pnid prcrtdumo and renawnl noticea. ln�ho event of toas.Borrower eht�ll give prompt notice to the inaurance carcler And l.ender. �
<br /> :�; Lender may meike pcuaof of lous if nat mnde promptly by Borrov�er. ==�
<br /> ,,,,��,�ie„�,�� U»feas Ylendcr und Etfltrowet otDtenviso u�+ee in writiag. lnsurunca praceeds ahall be applied to[estoratioa or repair of the ___
<br /> � , f. Prop�ray c��un�;ed,iQ�te restoruUon ar repalr is ccanomlcally feasible nnd I.ender's�ecuriry is aot Iessened.lf the restoration or Q;.
<br /> • ��� eeg�lr in�u[esonomicntly feasiblo or Londar'a secudry woutd be lcssened. the Insurt�►ce proceeds shall be applied to the swns -
<br /> "� secvr�d Dy tHis Sec�r.rity laisuument. wbether or aot then due,with any excess puid to Borrower. If Bon+nwer abandons the
<br /> . ,.. Property.er dae.g ac�t enuwer�vithin 30 duys a notioe fi+om Lender that the insurance carricr has offerad to settle a claim. then -
<br /> . � � „ I.Ender muy col[ect tke t¢�sueanoa prnceeda, i.�nder mny use the prau:eds to repsiir or r�tore the Froperty or to pay sums �
<br /> ,. Sp.CUI+Od U f 1IlIL SCCDII'Il�I@8tfl1I11EAt� whether or not then due.The 30-day pEdod wip begln when the notice is given.
<br /> � IJ�xGtss Lender and Domowar othenvise agrce ta writlag, any a�licadan of prooeeds to principal shsill not extend or
<br /> � pastpana�a dua da.ee of the monthly paymeats refemed to in p�roIIrapus !aud 2 or chau�e the amount of the pnymenta. If
<br /> r.} :'" . nadcr para�yregU 21 z�e I�'8perty is acquireA by Lessdcr. Barro.rer's e�pt►t to eay i�suinnce polici�g and pmcexds resWting from .
<br /> � dnmAg¢w t�e�ropeYty pxior to thu nsquisidan shell ps�s to Lender ta th�s extent of the sums s�cured by tliis Se��rity Instcumeat _
<br /> immcd'rntcly prlor ue t�e ucquisttlan.
<br /> � �, Qrcupanry, Ft�eservuUan, Mainteraunce and IPlleatectton �t the Pmpe�ty; BoY'rotiver's I.oun Ap�ltc�atlon;
<br />�_ .;,��;: I.es�cit�atdu.Borrowetshsill occu
<br /> �� py. esu►blisb.and use the Property as Dor�+ower's prLtclpal resldenoe within sixty days aRer the
<br /> ����' � executflam of[hin Securlry Inst�umtnt And sbell continue to oxupy the Property as Borrower's principal�esldence for at least oas
<br />�f"•',:� yenr afCer t�a date o8acupsmcy�w�loss Lender othenvlse a�rees in wrldna,whicb wasettt shall not be unreasonably withhe,ld�
<br /> � ' ��� or useiess extenuatl�circumatenoas exiat which ate beyond Borrower's coatrol. �oirower shall not desn+oy.dazaage or iwpair
<br /> , ';��,�, the Fn��tcrty.nllow tDe Propsrty to detodomte.or oommit waste on the I�mperty.Borrower shatl be in defa��lt if any forfeiture
<br />•�.�.' sctFaa or pr�inE„whether oivll or cdminal.is begua thut in l.ender's gaod feith judg�emt co�ld resWt in forfeiture of the
<br />���"�.`�.� �iR�agerty or othenviss muterlaily lmpnir the lien c►eated by this Securiry instament or I.ead�a's sec�rity iuterest.Borrower may
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<br />,_..��,�,..�� t�tr�a�..-f�sls°�x!rri�tste.a�groY3dd£��*�gh 18,hq caualn�the acdnn or pmceeding to�dlsmfissed wIW a ntling
<br />_•rrj,?����, that, in Leader's good falth dete�ninad�n,pn�ludes forfeitune of tho 13orcower'n taumst in We Pc���rt}►or other materlal
<br /> ` ��'�a'i; E�u.gaiamant ot the licn c�+eated by tliis Sscurity Insuumeat or i.cndcr's rsocudty interest.Borrower shali atso be in default if
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<br /> =='?�±�!�'�. • Eocrovler�durtnII ttte loan applioation pmaess. �eve materlully fnlse or int�cct►rate infom�ation or atstemente to Lander(or faUod
<br /> =''-�= to pravtdr.Lender�vi�h any matoriat information)in oonaection wIth tho loan evideaced by the Note,includiag,but nos litmited
<br />-_--==�:T'�'� to.represeatadonn conceming�omower's occupancy of the Pmperty ns a�rincipaI residena3.If tbis Secu�nry Insuumem is on a
<br /> - -__ Ieasoho2d. Bocrower ehr�ll compfy �vlth aU tho gsovIsiona of the Icase. If Borrower �quires fee dcla IIn the Property, ihe
<br /> -�---°-*�� Iease�old aad the fee dtle shall aoi merIIe wiless L�nder agcees to the mcrger ta wdtiag.
<br /> i;�� 7.�hat�tlan olLeader'a lU�tts in tlie A+npesty.If Borrower failn to perforta tfie covenaats and agceements containcd in
<br /> °.'.;��;`-�� this�ecudcY Insaumcat.or thoru is a t¢IIal pi�oa+eding thut aury slgnlflc�uidy nffect I.ender's dghts in the ProPeriY(such a4 a
<br /> --v pmceedinII ia bankrupuy.p�bato. for condemna2kon or forfeituce or ro c�force laws or regulattons). thzn Leader eaay do and
<br /> --�-- F$N fae altutever is� neoessary to pmtect the vai�e of the Property aud 1Crcnder's rights in the Property.D�ander's actions mav
<br /> ,:�. � includ� guY�B �Y eums secured by a flen which has priority over rhis SeCadry rn�n..,�.�t, �pF�r+inB in oourt� PaY�B
<br /> -•;t,� c�unoaable auorney3'fees aad entering on the Property to m�o aeptsire.Althongh Lend�an�y take a�ion undar this pat�raPh
<br /> _=`='�� 'l,Uenttet dues nnt have to do so.
<br /> Af�y amounts disbu�sed by I.ender un�l�r tLis pazagraph ?shat! t:;,�arac addidonal debt of��rnva seeur�by�his
<br /> _�-�_�� Securlty Iust�ua¢ent.t�¢doss Horrower and GeAder asree to othcr terma oti pn!tsaeat.these amounts st+alH bear interest from tlte
<br /> - date ot dI�bucsem�nt ae thb No� �te and sh�J1 be payublc.with interrst,upon notice trom L.�ader to Bomower requestiug
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<br />----:,"�' �.&Sr-�asg:.�:.-°•�a�.�f��?r ap��imd mortgage insurauce as u coadition of a+n,sirng the loan securod by this Security :
<br /> - ---_ Instrumeuc. Sorcowcr ahait pay tdc preanluatc tes�uired ro �neiat�in tl�c n»rtgage L�surauce hi effect. If. for any zeasen.the `'.-
<br />.___=-�,-� �uoizgqqe insuraace wvcragc requ�+eQ by Ixud�r*�psss or ce�ses to be in effect,8orrower shall pay tfia�oremiums tequind to �
<br /> _ '-- abtaiYt ooverage autsstantially equlvt►lent W We mortgago insurattoo provicsusly in eNacE,at a oost subst�naally equivalent to the .;�%'
<br /> _���� cest tm lBornewer mf tke mortgt�a insuranx prav�ously in eHoct, from nn nitemate mortgnge insucer appmved by Exader. If '�r�
<br />-_-=--�y¢;,� su�staatiaily equivalent mort�ago insuraace coverago ia not av�ilablc,lkirrower shall pay to Lender each moath a s��quat to
<br />_=;,;;;�;��=,��� one-twclfth of tiut yearly�nngAgQ insurenc�s prcmiwn bcin�puid by Ro��rower ahen the lnsureace ooverage lapsed or oea,�ed to „
<br /> _`-'�"�:'!�":: � be in effect.Leader will axepi�us$ond mtuin thaso pnyments es a loss rescrve In lieu oi mortgage inaurauoe. Loss �seive
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