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<br /> • S. Nnwrd or Pra�periy Dti�c�rnn�e. aattower shall kecp thc improvcme�t� nuw exititin� �n c�rcaftcr crccted �n thc �
<br /> � Pmpc�4y insured n�ulnst lass by firc,hurards includud within the tcrm "cxtendcd covcragc" and any o�hcc hnr,uds. Includina ��
<br /> � � • flaads or floading, for whicl►l.cnd�r rcquircs inwruncc.'This insurancc shall hc�naintuincd in the umuunts unJ firr thc p�rlasis �_
<br /> d�nt l.crtdcr nqulreti.Tiic intiuraixr c�irricr providing thc insunmcc sha�l bc chnsen by �+ttn�wcr �ubjcct to I.cndcr's upprovAl �;
<br /> ,. which shaU rtnt i+e unreasunably wittihcld. If @nrn�wcr f'ails to mainu:in covcro�e�curibcd nhiwe, l.cndcr may, ut Lcnder's �
<br /> option.��bwin cove�age to prutect[.ender'ti�i�hts in the Pmp�ny in accardance�vith paragmph 7. � _•�,
<br /> � ��• Ail insuennoe policies nad renewals shull bc acceptuble to I.ender unJ shul! include n stnndnni ntortgaBe clnuse. l.end�r &�
<br /> shnll hnve the right to hald the policies wtd renewuls.If Lender re�uires.Borcower shnil pmmptly give to d-ender all rzceipis of � g.•
<br /> � paId premium.s and [enewal rtutices. In ihe event of lnss,Bomawer shutt give prompt notice tu thW insurance carricr cuiJ l.r�niei�. � `-
<br /> � ���� Lender may tnake pmnf of toss if not madc promptly by Borrower. _
<br /> � � Unless I ender and Bnrrower oiherv�ise a�ree in�vriting.insurnr►ce proresds shall bc uppliod ro res;roraeion or repair of the �
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<br /> •L t,..:•�'� P r u p e r t y d a m n�e d, i f t h e r e s s o m t i o n o r r e p a i r f s e c o no micall y fpsible artd l.ender's securi ry i4 nat lessened. If the restomtion or
<br /> ' ' .. • �. �ep:►ir is nat econornlatlly feasible or Lender's secu�try wouid he lessenod,the insumnce procecds shall ba npplicd to the sums � �
<br /> ; Y secured by this Security Instrument.whether or not then due, wlth any excess paid ta Borrower. If Borro�ver abtu�dons the _
<br /> �� ! �' property. or doc�nat answer within 30 duys a notice from L.ender thnt thQ iasuranoc cacrier has offerpd to settle u cluim.Qeen _
<br />- �� Lender may collece the lnsurance pmceeds. L.ender muy usc the praceeds to repair or restore the Aroperty or to pay sums
<br /> ''{ secured by this Security la�trument. whether ar not then due.The 30�duy period�vill b�in when the natice ia given.
<br /> • ��' Unless l.ender and Borrower othenvise �„ree in writin�. �ty applicuuon of p�oceeds to pdncipal shall rtot extend or —
<br />- ' �'� • �SOStpane the due date of the monthly paynau ta refern�d to in parngmphs 1 and 2 or change the nmount of the payments. If �
<br />:�_,±• ; � uctder paragrs�{�h 2D ihe Property is aoquir�9 kn� �.ender.Borrower's risht to any insurai►ce poltcies nnd pmceeds resutting!'rom
<br /> .� , d�e to the Pm�ary pdor to ihe za{ui�ittaa shnll pa.ss to Lender to tha extent of the sums secu�+ed by this Secudry Instniment
<br /> , • iccunadlately prlor to�he aoquistdon.
<br /> - � � � 6,pecupmtcy,PneservatEon, Mn[ntezwrtce and PnateNton ot tite Pro�oetty;Borro�rer's Losu Appltcotlon;Leas�olds.
<br /> . @onower shall orcupy. esutbtiEh,rared use the PrapPrty as�orrower's pcirtc[pal residc�sece�vlthin sixty dnys after atre eaecutIon of —
<br /> .t"••:�!•�� =�r.r' this 5ecurity Insuument and shall cantlnue to oocupy the Property as Boaower's prnrec��al residence for at lca.�t oc�e year ufter
<br /> the date of orcvpL.-�.sy. unlcss I.ender oth$rvrise agrces in writing.whic�►oonsra►t sha]➢ �ot FsE utura.�z�bly witLgeld.or unless
<br /> ., �.s� � eatenun�tnB circu�nn�tnnces exist which nm beyond Borrower's wnmaR. �arr�wer shall noa de..hnm�.c�ma�e or impair tite
<br /> _,,:,.,.�.;� Pmperty. allo�v the Property tu c�eteriomte. or oommit waste on the �o�erty. Borwwer shull 6e in default nf any fodeitum
<br />_� ertion or proceeding,whetPcer c�vil or cr�minFil,is begun that in I.ender's�ood faith;iadgment oould�esult in f�Y''ziture of the
<br />�i:.ti�...����;;, Property or othetwise nwcertally impair the lien cneated by this Security basuument or Lender's s�curity interes3.gorrower may
<br />�''^'}' ' curo such u default and relnstate,as provid.ai�e�►PasaB�aPh 18.by causing the acti�n or prooePdtng W be dismissed wtth a�uling
<br /> g=�'"'`a`'•-�'':z � qt�� �T! IP11fIeT�A �aoct f�ih determinatia-�, �recludes fodelture of the Barrower's intenst in the Property or other cnaterinl
<br /> `"':'�`.'.� iu:�nirment of the Ilen creaEed by this Secu�ry Instrum$nt or Lender's secucity interest.Borrovrer st�Wt also Oe in defautt if '
<br /> --`-'°-�°fi'� II'�rnower.dudng thc loan�7icution pnooess.gave mx:�r;ti�lly falscs or irtaecurate infam�atlon or statements to E.¢n�ter(or fniled
<br /> ;;;;�°i��,�', y�� to provlde Lender with any��teriallnfonnation)in oonnertion aith the loan evedencocl�Oy the Note.inciuding.but.not limtted
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<br />°'�`��'`".�,'!��. to.representsaaia�s conoeming Borr�ower's occnpa�tcy of the Property 3s a princlpsil residenoe.If this Sscurity G-cstrument ia on a
<br />�"4s�`�'�•S''�' lezsehold.Bdmz:r.�¢r shnil cumply with all the pmvlsions of the tc�sc. 1f Bormwer uaquires fee tItle W the Pr•operty. t�e
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<br />;=-�`�A''�.� leasehoid and the fee tide sh�!1 coi merge unless Lender agrees to the merse.r In wrldng.
<br />-��``�•��R�J. 7.ProtQCtton of a.a►der's Lii�,ht�In the Pe+opertY•If i3orrower f�ils w perforra¢he covenants aad agc�ee�t�canuiieed an
<br />�'"�'�'`"��� Wis SECUrity Instrument,or there is u legal proceeding that mny sf�cdfirantly affea 7.ender's rights in the Prc��e�xy tsuch as a
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